«Укрзалізниця» запускає маршрут із Києва до польського міста Вроцлава.

У компанії повідомили, що безпересадковий вагон «Київ – Вроцлав» у складі поїздів № 749/51-52/750 почне відправлятися зі столиці України з 8 грудня щоденно о 14:07 та прибуватиме до Вроцлава наступного дня об 11:25.

У зворотному напрямку вагон відправлятиметься о 16:30 та прибуватиме до Києва наступного дня о 17:14. Нові безпересадкові вагони курсуватимуть із зупинками, зокрема на станціях Львів, Перемишль, Краків та Люблинець, заявили в «Укрзалізниці».

«За 11 місяців цього року «Укрзалізниця» перевезла 389,1 тис. пасажирів до країн ЄС – це майже у 2 рази перевищує відповідні показники минулого року, загалом перевезли на 184 тис. пасажирів більше», – сказав в.о. голови компанії Євген Кравцов.

Згідно з повідомленням, найпопулярнішим напрямком залишається «Київ – Перемишль».
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A new study estimates 164 million people are migrating to foreign countries in search of work, an increase of 9 percent since 2013.

The majority of migrant workers are men between the ages of 25 and 64, according to the International Labor Organization’s second edition of Global Estimates on International Migrant Workers. While the number of migrant workers in upper-middle-income countries has grown, the report finds the vast majority head for richer countries in North America, Europe and the Arab region, particularly the Gulf States.

Manuela Tomei, director of the ILO Conditions of Work and Equality Department, tells VOA most of the people who migrate for work are low skilled, and employed in fields such as construction, agriculture, the hospitality industry or as domestic help.

She says migrant workers are a key factor in boosting the economies and development of rich countries and in the higher brackets of upper-middle-income countries.

“Their main contribution is through the work, the services that they provide to host communities in sectors and occupations, in jobs in which often nationals are not interested to work any longer,” Tomei said.

Unfortunately, she noted, the influx of migrants into foreign countries often creates a backlash. Instead of welcoming the workers as being beneficial to their societies, host communities often react with hostility.

In coming years, she said, these workers increasingly will be needed because of demographic trends and rapidly aging populations. Labor migration is a long-term trend, she added, urging governments to learn how to manage workers for their mutual benefit.
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U.S. President Donald Trump, who rattled global markets Tuesday after declaring himself “a Tariff Man,” predicted in a series of tweets Wednesday the United States and China would negotiate a new trade deal.

Trump said China is planning to resume buying U.S. soybeans and natural gas, which he said confirms his claims that China had agreed to start “immediately” buying U.S. products.”

Trump said he believes “President Xi (Jinping) meant every word of what he said” at their meeting recently in Argentina, including “his promise to me to criminalize the sale of deadly Fentanyl coming into the United States.”

The president’s optimistic comments came one day after stock prices around the world plunged in response to a series of tweets he posted on Tuesday, warning a fragile accord between the two countries could crumble.

Stocks in the U.S., Europe and Asia fell sharply after Trump declared himself “a Tariff Man” who wants “people or countries” with intentions to “raid the great wealth” of the U.S. “to pay for the privilege of doing so.”

Trump and President Xi, leaders of the world’s two biggest economies, agreed Saturday in Argentina to not impose any new tariffs on each other’s exports for the next 90 days while they negotiate a detailed trade agreement.

White House economic adviser Larry Kudlow said earlier this week the U.S. won Chinese commitments to buy more than $1 trillion in American products.

The U.S. had a $335.4 billion trade deficit with China in 2017.

Late Sunday, Trump tweeted that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently, the tariff is at 40 percent

On Monday, Kudlow said there was an “assumption” that China would eliminate auto tariffs, not a specific agreement.

China’s ministry of foreign affairs said Monday the Chinese and U.S. president had agreed to work toward removing all tariffs.

The 90-day truce in the escalating trade war between the U.S. and China came during a dinner meeting between the two presidents following the G-20 summit of the world’s industrialized and emerging economies in Buenos Aires.  For months, the two countries have engaged in tit-for-tat increases in tariffs on hundreds of billions of dollars of exports flowing between the two countries.

Trump, speaking to reporters on Air Force One after the plane departed Argentina, said his agreement with Xi, will go down “as one of the largest deals ever made… And it’ll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers — every type of product.”

Trump agreed he will leave the tariffs on $200 billion worth of Chinese products at 10 percent, and not raise it to 25 percent as he has threatened to do Jan. 1, according to a White House statement.

Trump and Xi also agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture, according to the White House statement.
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Голова Верховної Ради Андрій Парубій підписав проект закону про державний бюджет України на 2019 рік.

«Щойно підписав Закон «Про Державний бюджет України на 2019 рік». Ми ухвалили його, дотримавшись всіх вимог – до 1 грудня. Це гарантує нам макрофінансову підтримку наших міжнародних партнерів», – зазначив Парубій у Twitter.

О 6:01 23 листопада Верховна Рада ухвалила в другому читанні і в цілому законопроект №9000 «Про Державний бюджет України на 2019 рік». Доходи держбюджету на 2019 рік передбачені в розмірі 1 трильйон 2 мільярди 131 мільйон гривень. Видатки передбачені в сумі 1 трильйон 112 мільярдів 130 мільйонів гривень. Граничний обсяг дефіциту держбюджету-2019 визначено в сумі 89 мільярді 989 мільйонів гривень.
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President Donald Trump insists his new trade agreement with Mexico and Canada will address the exporting of U.S. manufacturing jobs overseas. That pledge, however, comes on the heels of auto giant General Motors’ announcement of the layoff of 14,000 employees in five factories in the United States and Canada.

Despite the president’s optimistic pronouncements, the General Motors announcement indicates broader market shifts in the automotive industry that are unlikely to be reversed.

General Motors justified the decision as a result of shifting economic trends that have seen consumer preferences shift away from mid-sized vehicles and toward sport utility vehicles (SUVs) and electric cars. The company said the move “is transforming its global workforce to ensure the right skill sets for today and the future.”

Those moves toward increased efficiency also include a 25 percent cut of the executive workforce.

But in Lordstown, Ohio, workers whose livelihoods have depended on jobs in GM factories struggled to understand the move.

Mid-sized autos

The Lordstown plant manufactures the Chevy Cruze, one of the mid-sized cars auto manufacturers no longer see as profitable. Trump specifically addressed the impact on the Lordstown plant shortly after GM’s decision, saying, “They say the Chevy Cruze is not selling well. I say, ‘Well, get a car that is selling well and put it back in.'”

Workers are holding on to that hope with the Lordstown plant in an “unallocated status” that leaves open the possibility of GM moving in another product. Local union leader Dave Green acknowledged that issues with the Chevy Cruze were part of an overall industry trend away from smaller cars. 

“They’re not building cars, sedans anymore, but people are still buying cars,” Green told VOA. “Part of it is that they need to be priced right and they need to be priced fair. If I can go into a dealership and lease an SUV cheaper than a Chevy Cruze — you know, most Americans want more for less. So they’re going to get the bigger, the better, the more for less and it is what it is. I think the car was priced a little out of its range.”

The 6.2-million-square-foot Lordstown plant is well-placed in the center of the country, with easy access to major highway artery Interstate Highway 80 and an infrastructure of secondary plants.

Green said 80 percent of the plant’s production is sold within a 600-mile radius. “GM would be foolish to walk away from it,” he said.

The 1,600 workers anticipating a March 2019 layoff from the Lordstown plant certainly hope that’s the case. They earn $30-40 an hour compared to the next best option in the area, $10 an hour at the aluminum factory.

Lordstown is part of the broader Warren-Youngstown, Ohio, area that once thrived on the presence of steel mill manufacturing. When those plants shut down in the 1970s and ’80s, the auto industry became the lifeblood of the local economy.

“That’s is the largest plant that we have,” said Trish Williams, owner of the Ice House restaurant in Austintown, Ohio. She has several family members and friends who have worked at the GM plant in the past and present.

“That keeps this town going. Our steel mills are gone. Our factories are gone. [Hewlitt] Packard is closed. General Electric is gone. Chrysler is gone and GM was it. GM was what kept this here — it may turn into a ghost town,” Williams said.

‘Don’t sell your house’

Trump visited Youngstown in July 2017, telling workers, “Don’t sell your house. Don’t sell your house. Do not sell it. We’re going to get those values up. We’re going to get those jobs coming back. And we’re going to fill up those factories, or rip them down and build brand new ones.”

Many residents said they do not hold Trump responsible for GM’s decision, a move that could devastate the local economy.

“The president doesn’t own GM,” waitress Lisa Miller said. “Nor can he say you can’t do this, you can’t do that. We are a free country. I believe the president will push with all his might — as we’ve already seen him doing — to keep them here and to change things, but this was something that was out of his hands.”

Just days after the GM announcement, Miller said she was already noticing a drop in sales and an end to the usual lunch to-go orders from GM workers.

Some of those workers will be able to transfer to other plants around the country based on their seniority within GM. But many workers expressed concern to VOA about the number of temporary employees — who earn far lower rates per hour — working in those plants. They are also aware of GM’s plant in Mexico that builds the Chevy Blazer, an SUV.

“Why is our plant not getting the Blazer?” asked Rebecca Zak, an 18-year veteran of the Lordstown GM plant. “Why is it being built in Mexico? It’s mind-blowing. I heard in Ramos, Mexico, they get paid $2.65 an hour.”

Zak said she sees the decision as part of a trend toward corporations enriching themselves at the expense of the worker.

“We’re the ones that build this car, we are the ones that got this company this far and who are the ones who are suffering? The worker, not corporate America. Six billion dollars in the third-quarter and they can justify laying off 14,000 people,” she said.

GM workforce

Those 14,000 people represent just 7 percent of GM’s 180,000-person workforce, a strategic shift for a company in a competitive automotive market. What remains to be seen is whether that strategic shift will include places like Lordstown.

But as Lordstown employee Dan Smith said, “Any industry is cyclical. Gas could go up to $5 a gallon and then, poof, there goes the truck-SUV market. And they’re going to need small cars. It’s something we went through, my dad’s worked there.”

Smith said he was shocked by the decision but did not entirely fault GM for operating a plant in Mexico with lower-paid labor.

“Business-wise that makes sense, but then to sell it here in the United States doesn’t make much sense for American people to buy an American car that’s built in another country,” he told VOA.

For Williams, waiting to see how the decision impacts her community and her business, the equation seemed simple.

“Smaller cars, bigger cars — they all have four wheels,” she said. “They’ve made other cars off that line — why not bring another car back?”

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Right-wing President-elect Jair Bolsonaro said on Tuesday he plans to tackle the overhaul of Brazil’s fiscally burdensome pension system with piecemeal reforms that can pass Congress, starting with an increase in the minimum age of retirement.

He said reforms should start with the public social security system and advance gradually to make sure they pass Congress.

“The idea is to start with the (minimum) age, attack the privileges and take it forward,” Bolsonaro said at a news conference, warning that the problem with the cost of the pension system was growing every year.

“We cannot allow Brazil to reach the situation that Greece reached to do something about it,” he said.

Brazil’s next president said he planned to start by raising the minimum age of retirement for everyone by two years, but keeping the gender age gap, building on a proposal made by incumbent President Michel Temer. He gave few details.

Currently, Brazilian men can retire after 35 years of contributions and women after 30 years. Men can also retire by age 65 and women at 60 as long as they have contributed for at least 15 years.

Generous pensions are a major cause of Brazil’s gaping budget deficit and growing public debt, an unsustainable situation that is becoming more acute as the population ages and more people retire.

Investors and credit rating agencies are watching Bolsonaro’s commitment to pension reform closely as it is key to reducing the deficit and restoring confidence in Latin America’s largest economy as it recovers slowly from a two-year recession.

The pension reform proposal by Temer’s outgoing government never gained enough traction in Congress.

Bolsonaro, who takes office on Jan. 1, began meetings with political parties on Tuesday to see how he can build support for his agenda that includes tax reform and the easing of gun laws.
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Volkswagen AG’s chief executive said Tuesday after a meeting at the White House that the German automaker was building an alliance with Ford and might use the U.S. automaker’s plants to build cars. 

VW CEO Herbert Diess said the company was also “considering building a second car plant” in the United States, adding, “We are in quite advanced negotiations and dialog with Ford Corporation to really build up a global automotive alliance, which also would strengthen the American automotive industry.” 

Ford Executive Chairman Bill Ford Jr. told reporters at an event near Detroit on Tuesday that talks with Volkswagen about an alliance were going “very well.” 

Asked about Diess’ comments that VW could use some of Ford’s unused capacity for car production, Bill Ford said the companies “haven’t gotten that granular in our talks yet.” 

He said he did not want to say much about a VW alliance until the automaker had “a lot of definitive things to talk about.” 

The proposed alliance between Volkswagen and Ford suggests the days of carmakers going it alone are over, as tariffs, new technology and tougher emissions rules fragment markets that were once global, Reuters reported last week. 

Firms that once sought vehicles with universal global appeal to create economies of scale are now seeking advantages in specific market segments like hybrid SUVs, North American pickup trucks or European city cars. 

RBC Capital Markets analyst Joseph Spak said in a research note on Tuesday that Diess’ comments raised the chances that VW would use some of Ford’s unused capacity as part of a broader partnership. Spak also said that a European or Asian automaker could seek to acquire some of General Motors’ unused capacity. GM announced last week it plans to idle five North American plants. 

“VW may have a little negotiating power as some of the GM facilities could be bought (although this could impact their broader intentions with Ford),” Spak wrote. 

VW has an assembly plant in Chattanooga, Tenn. Of the need for a new plant, Diess said the company was in “quite advanced negotiations in Tennessee but there might be other options as well.” 

Diess said VW would not take an equity stake in Ford as part of its alliance. “We are building an alliance with Ford which will strengthen Ford’s position in Europe because we will share platforms,” he said. “We might use Ford capacity here in the U.S. to build cars for us.” 
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У юридичній компанії Fieldfisher, яка представляє інтереси бізнесмена Ігоря Коломойського, заявили, що Високий суд Лондона зняв арешт з активів Коломойського та Геннадія Боголюбова у справі за позовом «Приватбанку».

За інформацією юридичної компанії, суд наказав українському банку відшкодувати судові витрати двом своїм колишнім основним акціонерам, а також дійшов висновку, шо «Приватбанк» справу «сфабрикував», аби залучити до процесу британський суд.

У «Приватбанку» стверджують, що активи бізнесменів лишаються під арештом, поки юристи оскаржуватимуть рішення суду у апеляційному суді.

«Судовий наказ про всесвітній арешт активів колишніх власників банку, пана Ігоря Коломойського та пана Геннадія Боголюбова, та шести компаній, які, як заявляється, підконтрольні їм, на суму 2,6 мільярда доларів США наразі залишається чинним. Відповідачам і надалі заборонено, крім іншого, відчужувати свої активи без згоди банку або дозволу англійського суду», – ідеться у повідомленні.

«Сьогоднішнє рішення фіксує висновки судді про те, що «в Банку немає жодних труднощів із доведенням факту шахрайських дій для достатньої для судового розгляду справи… докази основним чином вказують на ретельно сплановані шахрайські дії та відмивання коштів в особливо великих розмірах… Існує дуже складна схема із залученням великої кількості кредитів та авансових платежів постачальникам… Саме штучна складність цієї схеми вказує на такі шахрайські дії», – стверджують у банку.

Як повідомляє агентство Reuters, лондонський суд у вівторок ухвалив рішення про те, що він не має юрисдикції у справі. Суд також постановив зняти арешт з активів українських бізнесменів, однак рішення не набуде чинності до розгляду апеляції.

Видання «Українська правда» за посиланням на рішення Високого суду Лондона пише, що визнали нанесення збитків «Приватбанку» в розмірі 248 мільйонів доларів замість інкримінованих їм 1,9 мільярда доларів.

На подачу апеляції у «Приватбанку» є 21 день. Якщо банк цього не зробить, з активів Коломойського та Боголюбова знімуть арешт.

На початку серпня Приватбанк повідомив англійському суду, що позов як підстава для судового наказу про арешт активів включає заяви, що Ігор Коломойський та Геннадій Боголюбов незаконно привласнили з банку 1,9 мільярда доларів США у 2014 році шляхом укладення низки удаваних правочинів, що мали наслідком переказування грошових коштів компаніям, якими вони таємно володіли чи контролювали
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The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of a warming world as it steps up investments to tackle climate change in the first half of the 2020s, it said on Monday.

The bank and its two sister organizations plan to double their investments in climate action to about $200 billion from 2021-2025, with a boost in support for efforts to adapt to higher temperatures, wilder weather and rising seas.

The latest figures on international climate funding for developing nations show barely a quarter has been going to adaptation, with the bulk backing clean energy adoption and more efficient energy use, aimed at cutting planet-warming emissions.

“We live in a new normal in which disasters are more severe and more frequent,” World Bank CEO Kristalina Georgieva told the Thomson Reuters Foundation at U.N. climate talks in Poland.

“We have to prioritize adaptation everywhere, but especially in the most vulnerable parts of the world,” she said, pointing to the Horn of Africa and the Sahel, coastal regions and small island states.

Of the $100 billion the World Bank plans to make available in the five years from mid-2020, half would go to adaptation measures, it said.

Those include building more robust homes, schools and infrastructure, preparing farmers for climate shifts, managing water wisely and protecting people’s incomes through social safety nets, Georgieva added.

The World Bank said the money would also improve weather forecasts, and provide early warning and climate information services for 250 million people in 30 developing countries.

“Climate change is an existential threat to the world’s poorest and most vulnerable. These new targets demonstrate how seriously we are taking this issue,” World Bank Group President Jim Yong Kim said in a statement.

From 2014-2018, the World Bank spent nearly $21 billion on adaptation, which accounted for just over 40 percent of the climate benefits generated by the institution’s funding overall.

Former U.N. Secretary-General Ban Ki-moon said the bank’s pledge to use half its climate finance to find solutions to deal with changing weather patterns was “important.”

“Climate change is already having a disastrous impact on people right around the world and we are nearing the point of no return,” said Ban. “So we must take bold action to adapt to the reality of the threat facing us all.”

A recently launched Global Commission on Adaptation, which Ban chairs with Georgieva and Microsoft co-founder Bill Gates, aims to put political muscle behind efforts to keep people safer in a hotter world.

The remaining $100 billion in promised World Bank Group funding will come from the International Finance Corporation (IFC), which works with the private sector, and the Multilateral Investment Guarantee Agency, as well as private capital the group raises.

“There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC chief Philippe Le Houérou.

The IFC will identify opportunities, use tools to make investments less risky, and attract private-sector cash in areas including renewable energy, green buildings, clean transport in cities and urban waste management, he added.

Marshall Islands President Hilda Heine said her low-lying Pacific island state was struggling with fiercer storms and increasing seawater flooding that is contaminating fresh water with salt.

The new World Bank funds would “help to build resilience, make us safer, and improve lives,” she said.

“Global action needs to accelerate before it is too late,” she added.

The “Big Shift Global” coalition of aid agencies and climate justice campaigners said the World Bank Group’s new commitment signaled that developing countries should receive far more support to tackle climate change.

But it overlooked “the desperate need to radically scale up financing for off-grid renewable energy” to help the poorest gain access to electricity, they added.
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White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.

Asked about plans after General Motors announced U.S. plant closings and layoffs last week, Kudlow pointed to the $2,500-to-$7,500 tax credit for consumers who buy plug-in electric vehicles, including those made by GM, under federal law.

“As a matter of our policy, we want to end all of those subsidies,” Kudlow said. “And by the way, other subsidies that were imposed during the Obama administration, we are ending, whether it’s for renewables and so forth.”

Asked about a timeline, he said: “It’s just all going to end in the near future. I don’t know whether it will end in 2020 or 2021.”

The tax credits are capped by Congress at 200,000 vehicles per manufacturer, after which the subsidy phases out. GM has said it expects to hit the threshold by the end of 2018, which means under the current law, its tax credit scheme would end in 2020. Tesla said in July it had hit the threshold.

Other automakers may not hit the cap for several years.

Experts say the White House cannot change the cap unilaterally. U.S. President Donald Trump last week threatened to eliminate subsidies for GM in retaliation for the company’s decision.

Kudlow made clear any changes in subsidies would not just affect GM.

“I think legally you just can’t,” he said.

Democrats will take control of the U.S. House in January and are unlikely to agree to end subsidies for electric cars and many have been pushing for additional incentives.

Tesla and GM have lobbied Congress for months to lift the cap on electric vehicles or make other changes, but face an uphill battle make changes before the current Congress expires.

In October, Senator Dean Heller proposed lifting the current cap on electric vehicles eligible for tax credits but phase out the credit for the entire industry in 2022. Two other senators in September proposed lifting the per manufacturer credit and extending the benefit for 10 years.

Also in October, Senator John Barrasso a Republican who chairs the Senate Environment and Public Works Committee, proposed legislation to end the EV tax credit entirely.
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Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges ranging from slow wage-growth for lower-income workers to sluggish productivity and an aging population.

Powell said in remarks at a Fed award ceremony that these challenges remain even though unemployment is near five-decade low and the financial system has been bolstered since the 2008 financial crisis.

While there have been recent gains in wage growth, Powell said that wages for lower-income workers have grown quite slowly over the past few decades.

He also noted that a decadeslong decline in economic mobility has made it more difficult for lower-income Americans to move up the economic ladder.

In his remarks, Powell praised the work of the Fed’s community development staff and former Fed Chair Janet Yellen, who put a special emphasis on efforts to help disadvantaged communities during her 16 years at the Fed, including the last four as Fed chair.

Powell did not discuss the Fed’s current interest-rate policies in his appearance.

The central bank has raised rates three times this year and is expected to boost rates for a fourth time at its Dec. 18-19. Powell sent the stock market surging last week when he signaled that the Fed may decide to slow the pace of rate hikes next year.

Investors had been hoping to learn more about Powell’s current thinking in testimony he was scheduled to deliver Wednesday before the congressional Joint Economic Committee. However, that appearance was canceled because of the government closure for the funeral of former President George H.W. Bush.

Both Powell and Fed board member Lael Brainard praised the work that Yellen did to help disadvantaged communities.

“Chair Yellen was attentive to low- and moderate-income communities, recognizing that Americans on the most precarious rungs of the ladder often feel the impacts of a downturn soonest and the longest,” Brainard said.

Both officials spoke at a ceremony honoring Yellen’s work with the presentation of a newly established Janet L. Yellen Award for Excellence in Community Development.

This year’s award, which goes to a Fed staffer who has excelled in work to help disadvantaged communities, was presented to Ariel Cisneros of the Federal Reserve Bank of Kansas City.
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U.S. President Donald Trump boasted Monday of his “very strong and personal relationship” with Chinese President Xi Jinping, declaring a new U.S.-China trade deal would immediately allow American farmers to sell more of their products to Beijing.

Stock markets in Asia and Europe jumped sharply after Trump and Xi, as leaders of the world’s two biggest economies, agreed Saturday in Argentina to not impose any new tariffs on each other’s exports for the next 90 days while they negotiate a detailed trade agreement.

U.S. stock indexes also opened sharply higher in New York at the start of a new work week, with the widely watched Dow Jones Industrial Average of 30 key stocks ahead more than 1.5 percent.

“My meeting in Argentina with President Xi of China was an extraordinary one,” Trump said on Twitter. “Relations with China have taken a BIG leap forward! Very good things will happen.”

The United States had a $335.4 billion trade deficit with China in 2017. Trump said, however, “We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!”

The U.S. leader said U.S. farmers “will be a very BIG and FAST beneficiary of our deal with China. They intend to start purchasing agricultural product immediately. We make the finest and cleanest product in the World, and that is what China wants. Farmers, I LOVE YOU!”

Late Sunday, Trump tweeted that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40 percent.”

On Monday, China’s ministry of foreign affairs said the Chinese and U.S. presidents had agreed to work towards removing all tariffs.

WATCH:  Trump-Xi Dinner in Argentina Leads to Trade War Truce

Trump said he and Xi “are the only two people that can bring about massive and very positive change, on trade and far beyond, between our two great Nations. A solution for North Korea is a great thing for China and ALL!”

Trump, at his political rallies and news conferences, often praises the increase in U.S. military spending during his nearly two years in the White House.

But he tweeted that at “at some time in the future,” Xi, Russian President Vladimir Putin of Russia, and he “will start talking about a meaningful halt to what has become a major and uncontrollable Arms Race. The U.S. spent 716 Billion Dollars this year. Crazy!”

The 90-day truce in the escalating trade war between the U.S. and China came during a dinner meeting between the two presidents following the G-20 summit of the world’s biggest economies in Buenos Aires. For months, the two countries have engaged in tit-for-tat increases in tariffs on hundreds of billions of dollars of exports flowing between the two countries.

Trump, speaking to reporters on Air Force One after the plane departed Argentina, said his agreement with Xi, will go down “as one of the largest deals ever made. … And it’ll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers — every type of product.”

Trump agreed he will leave the tariffs on $200 billion worth of Chinese products at 10 percent, and not raise it to 25 percent as he has threatened to do January 1, according to a White House statement.

“China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial and other product from the United States to reduce the trade imbalance between our two countries,” said White House Press Secretary Sarah Sanders. “China has agreed to start purchasing agricultural product from our farmers immediately.”

Trump and Xi also agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture, according to the White House statement. “Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent,” the statement said.
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U.N. Secretary-General Antonio Guterres is warning the world is “in deep trouble with climate change.”

Speaking Monday at the opening of two weeks of climate talks in Poland, Guterres said it is “the most important gathering on climate change since the Paris Agreement was signed.” He called on the nearly 200 countries represented in Katowice, Poland, to take the issue seriously, and commit to the course of action agreed to in Paris in 2015.

Signatories to the landmark 2015 Paris Accord pledged to cut greenhouse gas emissions and limit the rise in global temperatures to less than two degrees Celsius by 2030.

To reach this goal, emissions must be halved from 2010 levels by 2030, Guterres said.

“I remind all Parties that this is a deadline you set for yourselves and it is vital you meet it,” Guterres added.

Citing bleak recent reports, including one from the U.N. expert climate panel in October, Guterres noted devastation from hurricanes in Barbuda and Dominica which he called “heart-breaking,” but also “preventable.”

President Donald Trump has threatened to pull the U.S. out of the Paris agreement because of what he says is the economic damage the treaty’s provisions would cause.

Trump is a promoter of fossil fuels and nuclear power and has proposed renegotiating the Paris Accord — an idea many dismiss as impractical.

Host country Poland is expected to propose what it calls a “just transition” for the oil, gas, and coal industries to ease the financial blow from the move away from such polluting sources of energy.

But nations more immediately threatened by climate change, including Fiji, whose prime minister, Frank Bainimarama, served as president of last year’s climate conference, urged developed nations to act now to save the planet.

“Or, God forbid, [we] ignore the irrefutable evidence and become the generation that betrayed humanity,” Bainimarama said.

 
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