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A new Currency war confronting United States vs China

Written by The Economist on 07 August 2019. Posted in Headlines.

  • The Trump administration labels China a currency manipulator.
  • The complaint is more than a bit muddled.
  • Much lower production costs and a devalued currency gives China a huge advantage vs the United States with a trade balance 400% on China's favor.  

August 6.– On August 5th the Trump administration deployed another weapon in its fight with China: name-calling. After some grousing on President Donald Trump’s twitter feed, the Treasury officially designated China a currency manipulator.

The Chinese government stands accused of devaluing its currency in order to gain an unfair advantage in international trade. It is the first time the Treasury has made such an accusation in over 25 years.

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Brazil has the power to save Earth's greatest forest–or destroy it!

Written by The Economist on 07 August 2019. Posted in Headlines.

What would its government do? And, what would the rest of the world do about it?

The plight of the Amazon: The destruction of the world’s tropical forests already releases vast amounts of carbon through fire and decay. Were they a country, tropical forests would be the world’s third-biggest emitter of carbon dioxide after China and America. But worse looms. The Amazon basin, home to 40% of Earth’s rainforest and 10-15% of its terrestrial species, may be perilously close to the tipping-point beyond which its transformation into something closer to a steppe within decades cannot be stopped or reversed, even if the loggers lay down their chainsaws. Brazil’s president, Jair Bolsonaro, is sprinting towards that future in the name, he claims, of development. The Amazon’s collapse would be felt most acutely within his country’s borders, but far beyond them, too. It must be averted.

Manaus, Aug. 2.– Although its cradle is the sparsely wooded savannah, humankind has long looked to forests for food, fuel, timber and sublime inspiration. Still a livelihood for 1.5bn people, forests maintain local and regional ecosystems Huge and growing deforestation areas in Brasiland, for the other 6.2bn, provide a—fragile and creaking—buffer against climate change. Now droughts, wildfires and other human-induced changes are compounding the damage from chainsaws. In the tropics, which contain half of the world’s forest biomass, tree-cover loss has accelerated by two-thirds since 2015; if it were a country, the shrinkage would make the tropical rainforest the world’s third-biggest carbon-dioxide emitter, after China and America.

Nowhere are the stakes higher than in the Amazon basin—and not just because it contains 40% of Earth’s rainforests and harbours 10-15% of the world’s terrestrial species. 

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5th Open Government Dialogue kicks off in Manila

Written by Philippine News Agency on 31 July 2019. Posted in Headlines.

Communications Secretary Martin Andanar opened the Dagyaw 2019: Open Government and Participatory Governance Regional Town Hall Meeting in Pasay City on Tuesday (July 30, 2019). Andanar highlighted the importance of bringing the government closer to the people to clarify and further strengthen government programs that affect local communities.

Pasay City, July 30.– Presidential Communications Operations Office (PCOO) Communications Secretary Martin AndanarSecretary Martin Andanar on Tuesday opened the fifth leg of the cooperative open government dialogues as part of the Duterte administration’s continuing efforts to bring government services closer to the people.

“One of the most effective means of communication is face-to-face conversation. Actual contact with people for the delivery and presentation of ideas is forceful, immediate, and clarifying. Statements are simplified and the essence of their meanings is never subliminal,” Andanar said in his message during the Manila leg of the Dagyaw 2019: Open Government and Participatory Governance Regional Town Hall Meeting at the Cuneta Astrodome in Pasay City.

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Spiralling tensions between Iran and the West have the Gulf states on edge

Written by The Economist on 31 July 2019. Posted in Headlines.

The conflict threatens their infrastructure and their income.  Fujairah harbor, UAE

Fujairah, July 25.– Compared with Jebel Ali in Dubai, it feels like a sleepy Mediterranean harbour. The port at Fujairah, on the eastern coast of the United Arab Emirates (UAE), serves mostly as a refuelling depot for ships plying the Strait of Hormuz. It lacks the cargo capacity and the high-tech wizardry of Jebel Ali, the largest port in the Gulf and the ninth-busiest in the world. But Fujairah is the UAE’s only link to the high seas that bypasses the troubled strait, and so it has become a focal point amid worsening tension between Iran and the West.

That tension rose on July 19th when Iran’s navy seized the Stena Impero, a British tanker (pictured below), as it sailed west through the strait. The 30,000-tonne ship is now anchored near Bandar Abbas, hostage to a dispute that began on July 4th, when Britain impounded an Iranian tanker (allegedly bound for Syria) as it passed Gibraltar. In one of his final acts as foreign secretary, Jeremy Hunt proposed setting up a European task force to protect commercial vessels in the Gulf.

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India rushes 10,000 troops to Kashmir

Written by The Times of India on 27 July 2019. Posted in Headlines.

Decision to deploy additional 10,000 troops to the valley has created fear psychosis amongst people. 

New Delhi, July 27.– The Centre has ordered rushing of about 10,000 central forces personnel to the Kashmir valley in order to strengthen couter-insurgency operations and law and order duties there, officials said Saturday.

They said the Union home ministry has ordered the deployment of 100 companies of the Central Armed Police Forces (CAPFs) on July 25 on an "immediate" basis.

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More Articles …

  1. US Supreme Court rule: President Trump can use Pentagon funds for border wall
  2. A new age of space exploration is beginning!
  3. Hundreds of delegates gather in Dundee for World Community Development Conference 2019
  4. Trump, Kim agree to resume nuclear talks at historic DMZ meeting
  5. ANGELA MERKEL vows to keep sanctions on Russia until it returns occupied Crimea
  6. Avoiding trade-offs in the 'Singapore Together' movement
  7. What will Narendra Modi do in his new term as India’s prime minister?
  8. New Hong Kong law allows extraditions to China despite biggest protest ever
  9. 'Big' trade deal possible once UK 'gets rid of shackles', Trump says as he cranks up pressure for harder Brexit
  10. Baltic States' Relations with Russia must primarily be formed in context with EU foreign policy', says Latvian President Levits
  11. China vs America: A new kind of cold war
  12. Brexit: Corbyn's position 'in peril' if he 'betrays' Labour over second referendum
  13. Germany’s democracy problem
  14. Israel close to war with Hamas

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Venezuela / Venezuelan Affairs

  • CONTROL ESTATAL PERO DESLEGITIMADOS ANTE EL PAIS
  • Nueva amenaza de Maduro a días de las elecciones: aseguró que “recuperará completamente” el territorio Esequibo
  • 25 DE MAYO: EL FALSO DILEMA ENTRE LA ABSTENCION Y EL VOTO
  • 1ro. DE MAYO 2025: ADEMAS DE SALARIOS ES LA RECUPERACIÓN DEL VALOR DEL TRABAJO
  • PDVSA: LA CARICATURA DE UN CONTRATO COLECTIVO

Titulares / Featured news

  • BREAKING NEWS! Ukraine strikes hard at 5 Russian airbases and destroys 41 strategic bombers
  • BREAKING NEWS! This Monday's US presidential news conference was filled with surprises and disclosures
  • HABEMUS PAPAM!... and the Catholic Church is celebrating
  • Rest in peace, Pope Francis, a humble Christian leader with a strong personality
  • Europe facing an urgent security dilemma

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