U.S. President Donald Trump this week will unveil a budget expected to massively increase military spending while slashing other federal programs.

The proposal, set to be released Thursday, will offer the most detailed look yet at how Trump intends to move ahead with his so-called “America First” policy.

The budget will likely face significant opposition in Congress, where lawmakers are already bickering over a plan to overhaul the nation’s health care program.

Many of Trump’s fellow Republicans support his plan for a larger military; but, unlike Trump, some want to pay for it by cutting Social Security and Medicare – the two largest federal programs.

Democrats are alarmed about the entire proposal, particularly his plan to cut domestic government programs aimed at protecting the environment and helping the poor.

State Dept., foreign aid cuts

Lawmakers in both parties have also expressed concerns about Trump’s steep proposed cuts to the State Department and foreign aid budgets – a move they say will reduce U.S. influence abroad.

White House officials point out the president’s proposals are only a blueprint and that ultimately Congress must agree on a final budget, but they insist difficult decisions must be made.

“Unfortunately, we have no alternative but to reinvest in our military and make ourselves a military power once again,” White House National Economic Council Director Gary Cohn told Fox News Sunday.

“It’s no different than every other family in America that has to make the tough decisions when they need to spend money somewhere, they have to cut it from somewhere else,” Cohn said.

Defense spending

In a blueprint released last month, White House officials said Trump intends to boost the military budget by $54 billion – one of the largest ever increases in national defense spending. This week’s proposal will outline how the president intends to pay for it.

According to budget documents leaked to the media, Trump will offset the military costs with far-reaching reductions in discretionary spending — the part of the budget that pays for various federal government agencies.

Trump is reportedly considering slashing up to 25 percent of the Environmental Protection Agency budget, 30 percent of the Energy Department budget, and 37 percent of the State Department and foreign aid budget.

Reduction in federal workforce

If passed, those cuts would result in a massive reduction of the federal government workforce, which Trump and his fellow Republicans have long said is bloated and inefficient. It is not clear, however, whether Trump’s plans would actually fulfill his campaign promise to reduce the national debt.

That won’t be clear until May, when the White House releases its plans to reform the tax code and its proposals for mandatory spending, which covers existing programs like Medicare and Social Security.

Trump has said it is not politically possible to reduce spending on Medicare and Social Security – which together account for nearly 40 percent of the federal budget. He is also considering a $1 trillion infrastructure plan to upgrade the country’s roads, airports and rail lines.

According to most analysts, that means Trump will likely continue to run a budget deficit.

The federal debt is expected to grow by nearly $10 trillion over the next decade, according to a recent projection by the nonpartisan Congressional Budget Office.

 
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U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones.

The $63.54 per share cash deal is the biggest technology takeover in Israel’s history and the largest purchase of a company solely focused on the self-driving sector.

Intel will integrate its automated driving group with Mobileye’s operations, with the combined entity being run by Mobileye Chairman Amnon Shashua from Israel.

Intel Chief Executive Brian Krzanich said the acquisition, which unites Intel’s processors with Mobileye’s computer vision, was akin to merging the “eyes of the autonomous car with the intelligent brain that actually drives the car.”

Mobileye accounts for 70 percent of the global market for driver-assistance and anti-collision systems. It employs 660 people and had adjusted net income of $173.3 million last year.

Intel said it expected the transaction to close within the next nine months and to immediately boost its non-GAAP earnings per share and free cash flow.

The price represents a premium of around 33 percent to Mobileye’s Friday closing price of $47 a share.

“It’s an area where the company (Intel) has had very little presence – the automotive market, and so this is a tremendous opportunity for them to get into a market that has significant growth opportunities,” said Betsy Van Hees, an analyst at Loop Capital Markets who has a “buy” rating on Intel shares.

“Mobileye’s technology is very critical … The price seems fair,” she added.

Because Mobileye’s Shashua will remain in charge and the combined entity will be based in Israel, analysts said they expected it to be far more difficult for rivals to mount a counter offer for Mobileye.

Shashua and two other senior Mobileye executives stand to do well by the deal: together they own nearly 7 percent of the company. Shmuel Harlap, Israel’s biggest car importer and one of Mobileye’s earliest investors, also holds a 7 percent stake.

Yossi Vardi, seen as the godfather of Israeli high-tech, said the deal was a big endorsement of the whole sector.

“I’m sure that this … will be a very important impetus to create a whole industry related to autonomous and connected vehicles (in the country),” he said.

Battle for self-control

Automakers and their suppliers have been expanding alliances in the race to develop self-driving cars, a sector that once seemed a science-fiction dream but is drawing closer to reality month after month.

Mobileye and Intel are already collaborating with German automaker BMW on a project to put a fleet of around 40 self-driving test vehicles on the road in the second half of this year.

At the same time, Mobileye has teamed up with Intel for its fifth-generation of chips that will be used in fully autonomous vehicles that are scheduled for delivery around 2021.

While Intel is known for hardware chips and Mobileye for collision detection software, their merger promises to create the most complete portfolio of technologies needed for driverless vehicles, including cameras, sensor chips, in-car networking, roadway mapping, machine learning and cloud software, as well as the data-centres needed to manage all the data involved.

Last October, Qualcomm announced a $47 billion deal to acquire the Netherlands’ NXP, the largest automotive chip supplier, putting pressure on other chipmakers seeking to make inroads into the market for autonomous driving components, including Intel, Mobileye and rival NVIDIA.

The Qualcomm-NXP deal, which will create the industry’s largest portfolio of sensors, networking and other elements vital to autonomous driving, is expected to close later in 2017, subject to regulatory and shareholder approvals.

For a dozen years, Mobileye has relied on Franco-Italian chipmaker STMicroelectronics to produce chips that the Israeli company sells to many of the world’s top automakers for its current, third-generation of driver-assistance systems.

Mobileye’s relationships with automakers, leading suppliers and STMicroelectronics will continue uninterrupted, the companies said in their statement, and Mobileye’s current product roadmap will not be affected.

Founded in 1999, Mobileye made its mission to reduce vehicle injuries and fatalities. After receiving an investment of $130 million from Goldman Sachs in 2007, it listed on the New York Stock Exchange in 2014.
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Vietnam will test U.S. President Donald Trump’s openness to one-on-one trade deals as it starts nudging Washington for an eventual agreement to replace its role in the defunct Trans Pacific Partnership (TPP).

Official media outlets in Vietnam say Prime Minister Nguyen Xuan Phuc told an American business delegation last week he was ready to visit the United States, and that he hoped to meet Trump for a discussion about trade, among other topics.

Vietnam depends heavily on factory exports, which are about 19 percent of a $200 billion economy.

“A trade agreement with the U.S., a very large market, would certainly bring some benefits, that’s clear,” said Marie Diron, senior vice president at Moody’s Investors Service in Singapore. “It would be about, kind of about anchoring these export markets with a trade agreement in place.”

Trump is not expected to prioritize free trade deals in the short term, analysts say, but he may someday consider them. Trade deals usually obligate signatories to cut tariffs on each other’s good or services.  

US companies eye Vietnam market

Nguyen may have a chance at working out a trade deal with the United States because American firms selling products such as fast food, mobile phones and even insurance want more access to Vietnam’s fast-growing middle class.

More than one-third of the country’s roughly 93 million people will be middle class or higher by 2020, according to a Boston Consulting Group study.

“You would expect the direction of goods coming from Vietnam to the U.S. picking up more sharply than the other way around,” said Rahul Bajoria, a regional economist with Barclays in Singapore.

But, he said, “it could be the case there might be some pressure from the large [American] industrial manufacturers like the aircraft manufacturers or train companies. All of them may be much more interested in exporting to Vietnam.”

The United States is Vietnam’s top export market, giving the Asian country a trade surplus last year, with exports worth $38.1 billion and imports of $8.7 billion.

But in January, imports increased 14.6 percent, pointing to a possible soft spot in Vietnam for Western brands. American names such as Apple, Dell and Starbucks are easy to find in cities such as the financial center Ho Chi Minh City.

“The U.S. could export to Vietnam, to a market that’s growing so fast, with 90 plus million people who are very brand conscious, where Western brands have a very high reputation,” said Vojislav Milenkovic, analyst with the business advisory BDG Insights in Ho Chi Minh City.

“You can see this every day on the street. You can see that people are trying to save and to buy high-quality products from the foreign countries,” he said.

But Vietnamese consumers still earn just half of their counterparts in China, Diron said. “For some companies, that could be a hurdle,” she said. China’s market is also much larger that Vietnam’s.

End of TPP

Leaders in Hanoi had hoped the TPP would give them access to the U.S. market plus 10 other countries, including Japan. Trump withdrew the United States from the TPP in January, saying it would hurt the country.

Because of the size of the U.S. economy, Trump’s withdrawal made it effectively impossible for other countries to keep the TPP alive.

Trump said shortly after taking office he could consider one-on-one free trade agreements instead of regional ones.

Japanese Prime Minister Shinzo Abe has said he is open to the idea of a bilateral trade pact with the United States, and members of the U.S. Congress advocate an agreement with Britain.

In a phone call after his election in November, Trump told Nguyen he wanted to strengthen ties with Vietnam and that he was willing to meet in the United States.

In exchange for trade favors, Trump might ask Vietnam to support the U.S. presence in the South China Sea where the United States is trying to resist Chinese maritime expansion, said Oscar Mussons, international business advisory associate with the Dezan Shira & Associates consultancy in Ho Chi Minh City.

Vietnam may need to wait out most of Trump’s current term before getting any trade deals, Bajoria cautioned.

Any deal takes time to negotiate, he said, and the U.S. government may try first to build its relations with China, the world’s number two economy after the United States. “I don’t think there’s scope for an FTA over the next 12 months,” Bajoria said.

Since Trump was elected, Vietnamese leaders afraid that the TPP would die began looking instead to other trade deals.

An agreement reached with the European Union in 2015 is due to take effect next year if it clears hurdles in the European bloc’s parliament.

China is also keen to bolster trade ties, but Vietnam hopes to avoid dependence on the long-time political rival that’s known for unloading cheap mass-produced goods in Vietnam at prices lower than what local companies can charge.
…

Голова ради директорів компанії «Укрбуд» Юрій Пелих заявив, що компанія має на меті не лише закінчити зведення двох проблемних будинків на вулиці Микільсько-Слобідській на Лівому березі Києва, а й повністю реалізувати проект житлового комплексу «Сонячна Рів’єра». Про це повідомляють журналісти програми «Схеми», спільного проекту Радіо Свобода та каналу «UA:Перший».

«Плануємо будувати далі. По тих будинках, які плануються за двома першими, там нема проблем. Бо вони виходять за стометрову відстань до води, за всіма нормами», – зазначив Юрій Пелих. 

До цього мер Києва Віталій Кличко у коментарі журналістам «Схем» заявив, що потрібно знайти компроміс між забудовником та громадою. «Зносити ми не можемо, будувати також не можемо. Дуже складні речі ми повинні зараз вирішувати. Треба засклити ці будинки і не будувати більше нічого», – зазначив він.

17 лютого цього року Департамент містобудування та архітектури видав містобудівні умови для закінчення зведення двох будинків житлового комплексу «Сонячна Рів’єра», проти якого виступили місцеві мешканці та громада УГКЦ.  

Будинки потрапляють у 100-метрову прибережну захисну смугу, на якій будівництво заборонене. Більша частина території забудови, згідно з генпланом, – це зелена зона, тобто тут має бути парк. Крім цього, ця територія – пам’ятка ландшафту. 

Усі фігуранти цієї забудови раніше мали відомі будівельні бізнес-проекти із колишнім спонсором Партії регіонів – Дмитром Фірташем, який свою підтримку меру Віталію Кличку задекларував під присягою у Віденському суді.
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The risk of a steep slide in China’s economy has reduced, the head of a government research center said on Sunday, adding the country had moved through an “L-shaped” pattern of slowing to now “horizontal” growth.

China’s economy grew 6.7 percent last year, according to the government, the slowest pace in 26 years. The country met its growth target with support from record bank loans, a speculative housing boom and billions in government investment.

But as Beijing moves to cool the housing market, slow new credit and tighten its purse strings, China will have to depend more on domestic consumption and private investment.

The government last week trimmed its economic growth target to about 6.5 percent for this year. Li Wei, the director of the Development Research Center of the State Council, China’s cabinet, said many positive economic signs were emerging domestically and internationally, and the risk of a large slide in economic growth had “clearly lowered”.

China’s economic development has gone from a “downward stroke in the L-shape to the horizontal stroke,” the official Xinhua news agency said, citing Li’s comments on the sidelines of China’s annual session of parliament.

The horizontal trend points to long-term steady development, but does not eliminate the possibility of short-term fluctuations, or mean the economic transformation is complete, Li said.

“Our economy still has many difficulties to resolve, so we must prepare to respond to the emergence of possibly relatively large risks,” Li said.

Earlier on Sunday, a vice chairman of the state economic planner said China’s industrial output grew more than 6 percent in January and February, and that the survey-based unemployment rate in 31 major cities was about 5 percent for the two months.

National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe gave the approximations, which were in line with expectations for official data set to be issued on Tuesday.

Fixed asset investment growth kept pace with the final few months of last year, Ning said.

“China’s economic growth still mainly relies on domestic demand,” he said.

January and February data will be released together in a bid to smooth out seasonal factors caused by the timing of the long Lunar New Year holidays, which began in late January this year but fell in February last year.

China unexpectedly posted its first trade gap in three years in February as a construction boom pushed imports much higher than expected. That upbeat import reading reinforced the growing view that economic activity in China picked up in the first two months of the year.
…

Україна до мінімуму скоротила відбір газу зі своїх ПСГ (підземних сховищ газу) і розпочала закачування палива до резервуарів. Про це свідчать дані «Укртрансгазу» за 9 і 10 березня, доступні на сайті компанії.

Так, 9 березня із ПСГ було відібрано один мільйон, а закачано 3,7 мільйона кубометрів, 10 березня – півмільйона відібрано, натомість 5 мільйонів кубометрів газу закачано.

«У сховищах більше 8 мільярдів кубометрів газу. А комфортний мінімум – 5мільярдів кубометрів. Тобто запас – 3мільярди кубометрів газу», – так прокоментував підсумок газоспоживання в опалювальному сезоні 2016/2017 років комерційний директор Національної акціонерної компанії «Нафтогаз України» Юрій Вітренко.

«І тут я не можу не пригадати, як нам восени закидали, що ми мали купити і закачати на 2,5 мільярда кубометрів більше. Тобто якщо би ми тоді послухали, то зараз би у сховищах було б 10,5 мільярда, на 5,5 мільярда більше за комфортний мінімум. Я розумію, що «запас кишені не пропалить», але додаткові 2,5 мільярда кубів газу – це біля півмільярда доларів США», – написав фахівець у Facebook.

«Тим, кому «небайдужі» інтереси «Газпрому»: вибачайте, що не дали «Газпрому» можливості продати більше газу і заробити більше грошей на цьому. У нас просто змінилися політика – «Нафтогаз» з 2014 року працює в інтересах власної країни, а не Росії», – наголосив комерційний директор «Нафтогазу» Юрій Вітренко.

Міністр енергетики Росії Олександр Новак ще 28 лютого вкотре заявив, що його країна занепокоєна низькими, за його словами, запасами газу в підземних сховищах газу України, яких, на його думку, Києву не вистачить. Україні доведеться або скорочувати споживання газу, або використовувати транзитний газ, заявив Новак в останній день зими.

Станом на початок доби 11 березня в українських ПСГ було 8 мільярдів 187,5 мільйона кубометрів газу. Це приблизно на 7 мільйонів кубометрів більше, ніж було напочатку доби 9 березня.

Від початку року запаси зменшилися на 3,8 мільярда кубометрів, а від початку опалювального сезону (13 жовтня) – майже на 6,6 мільярда кубометрів.

Україна увійшла в 2017 рік із запасами природного газу в своїх підземних сховищах в обсязі 11 мільярдів 993 мільйони кубометрів. Станом на початок опалювального сезону в ПСГ було 14 мільярдів 732 мільйони кубометрів газу.
…

On Feb. 19, 2016, at a campaign rally in North Charleston, South Carolina, then-candidate Donald Trump gave a stump speech in which he railed against American jobs moving to Mexico: “We lose our jobs, we close our factories, Mexico gets all of the work,” he said. “We get nothing.” 

That same day a law firm in Mexico City quietly filed on behalf of his company for trademarks on his name that would authorize the Trump brand, should it choose, to set up shop in a country with which he has sparred over trade, migration and the planned border wall. 

The Trump trademarks have now been granted by the Mexican Institute of Industrial Property (IMPI). Records show the last three were approved February 21, just more than a month after Trump took office, and a fourth was granted October 6, about a month before the U.S. election.

Recent trademark approvals

Trump’s company has notched several trademark wins recently. The Associated Press reported Wednesday that the Chinese government recently granted preliminary approval for 38 trademarks to Trump and a related company. 

That sparked outrage from some Democratic senators and critics, who have been pushing Trump to sever financial ties with his global businesses to avoid potential violations of the emoluments clause of the U.S. Constitution, which bars federal officials from accepting anything of value from foreign governments unless approved by Congress.

The Mexican trademarks cover a broad range of business operations that can roughly be broken down into construction; construction materials; hotels, hospitality and tourism; and real estate, financial services and insurance. They are all valid through 2026.

The same four trademarks were previously held in the name of Donald J. Trump and expired in 2015, a year before the new applications. The new approvals list the trademark owner as the company DTTM Operations LLC, with an address in the Trump Tower on Fifth Avenue in New York.

No new deals abroad

As president, Trump has handed management of his business to his two adult sons and vowed to strike no new deals abroad while he is in office. However critics say questions remain about possible conflicts of interest, noting that foreigners could still seek to influence Trump by helping his existing foreign operations or by easing the way for future ones after he leaves the Oval Office.

Trump Organization General Counsel Alan Garten said the Mexican government’s decision was not a special favor to the president.

“We’re not being granted anything we didn’t have before,” he said. The original trademarks came “years before (Trump) even announced his candidacy.”

Garten said the Mexican trademarks originally had two purposes: laying the ground for possible new ventures and keeping other people from using Trump’s name for their own businesses. 

He said the trademarks are wholly defensive now.

“Circumstances have changed,” Garten said. “He’s been elected and we agreed not to do foreign deals.”

Ethical gray area 

Richard Painter, the chief White House ethics lawyer under George W. Bush, said the Mexican grants are in an ethical gray area: defensive in nature now, perhaps, but setting the president up to profit when he leaves office.

“To what extent is this appropriate? I don’t know,” Painter said. “We never had Obama running around the world locking up his name, or Bush.”

Intellectual property lawyer Enrique Alberto Diaz Mucharraz is listed on the trademark filings. A junior partner at the Mexico City law firm Goodrich Riquelme y Asociados, he declined to comment citing client confidentiality rules. Phones rang unanswered at the public relations office of IMPI, and there was no response to an emailed request for comment on a list of questions. 

Trademarks can prove enormously valuable to companies, especially in countries with a growing number of middle class consumers who recognize the brand, said Ashwinpaul C. Sondhi of A.C. Sondhi & Associates, an investment consultancy in Safety Harbor, Florida.

Why do business in Mexico?

Mexican political analyst Alejandro Hope said IMPI is generally considered to be apolitical and the trademark concession was most likely a technical decision. 

More remarkable, Hope said, was that the application was filed during a heated campaign when “he had already started using Mexico as a pinata” for political purposes. 

“What I find striking is that these guys were thinking about doing business in Mexico while they were trashing Mexico on the campaign trail,” Hope added.

Spotty business record

Last decade he and his children aggressively promoted a luxury hotel and condo development with the Trump name on it that was planned for the northern Baja California coast, near Tijuana. In December 2006, 188 units were sold for $122 million during an event at a hotel in San Diego. 

But the Trump Ocean Resort Baja Mexico project collapsed, and dozens of buyers who had lost their 30 percent deposits sued in March 2009. Trump settled out of court in November 2013 for an undisclosed sum; in a separate settlement the previous year, developer Irongate, which had licensed the Trump name, agreed to pay the buyers $7.25 million. 

On the Caribbean island of Cozumel, near Cancun, Trump tried in 2007 to purchase land for a luxury resort complete with an airstrip and golf course, according to Mexican media reports. It met with local and environmental opposition, and never went anywhere. 

Unpopular in Mexico

In all, Trump controls at least 20 trademarks in Mexico, including for Trump Ocean Resort and Trump Isla Cozumel. Others cover activities such as concierge and spa services, alcoholic beverages, golf club operations and home furnishings. For clothing, there’s the Donald J. Trump Signature Collection. 

If there are plans to take the Trump brand to Mexico, it could be tough going because of widespread popular anger toward the president for his comments disparaging Mexican immigrants who come to the United States illegally, his threats to tear up the North American Free Trade Agreement and his vows to make Mexico pay for the border wall. 

Hope said that if a Trump hotel were in the cards, its prospects could depend a lot on location. 

“In Mexico City, I guess they would face a lot of political backlash at this point,” Hope said. Maybe it would fly in more politically insulated areas, like the beach resorts of Cancun or Los Cabos. “But even that would be a hard sell.” 
…

Sharing services are a growing trend in 21st economies. In London, the Spacehop website provides a marketplace where people who have unused living spaces can meet those looking for short-term work places. VOA’s Faiza Elmasry has more. Faith Lapidus narrates.
…

Сьогодні стартує виборчий процес у 47 об’єднаних територіальних громадах із 19 областей, написав на своїй сторінці у Facebook віце-прем’єр і міністр регіонального розвитку Геннадій Зубко. За його словами, вибори відбудуться 30 квітня.

«Це – можливості для ініціативних і небайдужих управлінських команд на місцях. М’яч – на полі громад. І тому ці чергові 47 громад мають усі підстави стати успішними», – зазначив Зубко.

Раніше це підтвердили у Центральній виборчій комісії.

Протягом 2016 року в Україні відбулися вибори у понад 200 об’єднаних територіальних громадах – сільських, селищних та міських (останні 18 грудня). Минулоріч перші місцеві вибори провели понад півтори сотні громад. Таким чином, відбувається процес децентралізації, що передбачає скасування районного поділу в країні. В кожній області передбачається створення 4-6 повітів, які у свою чергу, діляться на територіальні громади.
…

Українське представництво організації Transparency international звернулось до Національного антикорупційного бюро із закликом розслідувати приховування інформації про наявність у відстороненого голови Державної фіскальної служби Романа Насірова британського громадянства із 2012 року. Відповідний лист на ім’я керівника НАБУ Артема Ситника організація направила 10 березня.

На думку Transparency international, у діях Романа Насірова можуть вбачатися ознаки злочину, передбачених першою частиною статтею 366 Кримінального кодексу – службове підроблення, що карається штрафом або обмеженням волі терміном до трьох років, однак відповідне провадження НАБУ не починало.

У Національному антикорупційному бюро офіційних коментарів щодо звернення не було.

7 березня Солом’янський районний суд Києва частково задовольнив клопотання прокурорів Спеціалізованої антикорупційної прокуратури і обрав Насірову запобіжний захід у вигляді тримання під вартою терміном 60 діб з можливістю внесення застави 100 мільйонів гривень, хоча САП просила встановити грошову заставу у розмірі 2 мільярди гривень.

6 березня у виступах на судовому засіданні брав участь і Насіров. До зали засідань він прийшов сам, хоч і за допомогою медиків, на попередніх засіданнях його завозили на ношах.

Національне антикорупційне бюро України підозрює Насірова у вчиненні злочину, передбаченого другою частиної статті 364 Кримінального кодексу України – зловживання службовим становищем, що спричинило тяжкі наслідки.

Слідство вважає, що Роман Насіров протягом 2015–2016 років, діючи в інтересах депутата Верховної Ради Олександра Онищенка, надав керівникам регіональних і територіальних органів ДФС незаконну вказівку ухвалювати безпідставні рішення про розстрочення податкового боргу трьом компаніям. Такими рішеннями державі завдано збитків на суму майже 2 мільярди гривень. Захист Насірова і він сам ці звинувачення заперечують.

 
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Thousands of Native Americans from across the Unites States marched in Washington to protest President Donald Trump’s decision to advance the construction of the Keystone XL Pipeline and Dakota Access oil pipelines. VOA’s Penelope Poulou has more.
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The first jobs report on President Donald Trump’s watch is a good one. The private sector added 235,000 jobs in February, more than expected, and a sign that the economy and consumer confidence are healthy. But the jobs report also means that higher borrowing costs, for consumers and businesses, are expected in the coming days and weeks. Mil Arcega reports.
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President Donald Trump is embracing government numbers he once maligned as “phony” as he tries to take credit for the latest U.S. jobs report.

The new administration on Friday promoted Labor Department statistics that show U.S. employers added 235,000 jobs in February. The unemployment rate dipped to 4.7 percent from 4.8 percent.

“Great news for American workers: economy added 235,000 new jobs, unemployment rate drops to 4.7% in first report for (at)POTUS Trump,” tweeted White House Press Secretary Sean Spicer. “Not a bad way to start day 50 of this administration,” he later said.

Watch: US Job Gains Make Higher Interest Rates a Near Certainty

What a difference a year makes

What a difference from last year’s presidential campaign, when Trump repeatedly assailed the report’s legitimacy.

Back then, candidate Trump denounced “phony unemployment numbers” he claimed had been invented to make the Democrats look good.

“Don’t believe those phony numbers when you hear 4.9 and 5 percent unemployment. The number’s probably 28, 29, as high as 35,” he said last February, on the day of the New Hampshire presidential primary.

“The 5 percent figure is one of the biggest hoaxes in modern politics,” he said.

That’s last year’s 5 percent, not the new numbers reported on his watch.

Numbers ‘very real now’

Asked about the apparent disconnect, Spicer offered a smile and a quip: “I talked to the president prior to this, and he said to quote him very clearly: ‘They may have been phony in the past but they are very real now.’”

During a speech at the Detroit Economic club last year, Trump pointed to figures that show one in five American households do not have a single member in the labor force. He failed to mention the one in five includes children, young people in school and senior citizens who are retired.

Though the jobless report has been criticized by others for omitting people who aren’t actively searching for work, it provides a benchmark that is similar to most other nations.

Weather makes difference

While business and consumer confidence have risen since the presidential election, economists also say it’s too soon for Trump to be taking credit for jobs.

“No new economic policies have yet been enacted,” said Scott Anderson, chief economist at Bank of the West. Instead, he pointed to an unusually mild winter that likely boosted hiring by construction firms.

Cold weather in February typically shuts down work sites across much of the country. But last month was the second-warmest February since 1895, helping construction firms add the most new jobs in a decade.

Optimism on the rise

A survey of small businesses shows that their optimism is up since the election, reaching the highest level in 12 years in January, according to the National Federation of Independent Business. Other measures also show greater business confidence.

But many of the corporate announcements of new jobs that Trump has promoted – by ExxonMobil, Intel and Ford, for example – will take place over many years and were already planned before the election.

Trump and Republicans have been quick to claim credit nonetheless.

“The February jobs report exceeded expectations by 50,000 jobs,” said the Republican National Committee in an email, “another sign President Donald Trump’s pro-growth agenda is spurring businesses to hire ‘aggressively.’”

Spicer offers apology

Spicer, meanwhile, may have jumped the gun with his tweets. A 1985 rule bars executive branch officials from commenting publicly on economic data until at least an hour after its release. Jason Furman, President Barack Obama’s top economic adviser, said on Twitter that the rule was intended to prevent White House officials, some of whom see the report a day early, from immediately spinning the data.

Spicer downplayed that mini-controversy, saying he didn’t think happily touting news that had been widely reported was “exactly a market disruption.”’

“I apologize if we were a little excited and we’re so glad to see so many fellow Americans back to work.”
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U.S. Commerce Secretary Wilbur Ross said on Friday he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Canada and Mexico in a little over three months.

U.S. President Donald Trump was strongly critical during his election campaign of NAFTA and other trade agreements that he said harmed American workers, pledging to review such deals.

Ross told reporters that “sometime in the next couple of weeks” he hopes to send a letter notifying Congress that the Trump administration intends to launch NAFTA negotiations in 90 days.

“That’s what triggers the beginnings of the formal process itself,” Ross said at a news conference with Mexican Economy Minister Ildefonso Guajardo.

That timing would put the likely start of NAFTA talks around early July.

Ross added that he was consulting on the NAFTA talks with leaders of Congress’ two trade panels, the Senate Finance Committee and the House of Representatives Ways and Means Committee.
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South African taxi drivers on Friday blocked roads around Johannesburg’s main international airport to protest against ride-hailing company Uber, causing some passengers to miss their flights.

The protest by drivers with metered cabs, who say Uber unfairly siphons business from them, caused morning traffic jams on two highways near O.R. Tambo International Airport. Police later cleared the roads.

The impact of the blockade will continue “to be felt throughout the day due to earlier delays, particularly on flights that need to return to O. R. Tambo International Airport,” Airports Company South Africa, which manages the airport, said in a statement. “Airlines have informed the airport that passengers that missed flights in the morning are being accommodated on other flights.”

South African Airways urged passengers to arrive at the airport earlier than usual, even if they planned to fly later in the day.

In a statement, Uber said many South African drivers with metered taxis are also picking up customers with its ride-hailing app.

“Our technology is open and pro-choice and we are keen to offer it to a broad number of taxi drivers to boost their chances for profit,” said Uber, adding that threats and intimidation toward Uber drivers are unacceptable.

Meanwhile, some Uber drivers protested outside the company’s Johannesburg office on Friday, local media reported. That group of protesters reportedly said Uber does not do enough to address their safety concerns.

Taxi drivers in some other countries also have protested, sometimes violently, against Uber because of concerns over allegedly unfair competition.
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The U.S. economy had a net gain of 235,000 jobs in February, while the unemployment rate fell one-tenth of a percent to 4.7 percent.

Friday’s report from the Labor Department was stronger than most economists expected. Some experts say it takes around 100,000 jobs a month to accommodate new entrants to the work force.  

Job gains were seen in construction, private education, manufacturing, health care and mining. On Twitter, White House press secretary Sean Spicer noted the report is the first for the Trump administration and “Great news for American workers.”  President Donald Trump has previously called official jobless numbers “phony” and “complete fiction.”  

The tight job market means companies may have to start raising wages to attract and keep the best workers. Friday’s report said wages rose about 2.8 percent over the past year, which is a stronger gain than the previous month, and stronger than inflation.  

Top officials of the U.S. central bank have said they are watching the labor market closely, and the strong report may encourage them to raise interest rates. The Federal Reserve meets next week to debate interest rate policy and is scheduled to make an announcement on Wednesday. PNC Bank economist Gus Faucher says rates will go up a quarter of a percent because the labor market is where the Fed “wants it to be.” Officials slashed rates to near zero during the recession to boost growth and fight unemployment.  

While the latest job data is stronger than expected, it also shows that 7.5 million Americans are still unemployed. Another 5.7 million who want to work full-time can only find part-time employment. The government figures count people as unemployed if they are available for work and tried to find a job sometime in the past four weeks. The figures do not count as officially unemployed those who stay home to rear children or who are enrolled in school or are retired.
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У 2016 році на виконання бюджетної програми «Наукове та інформаційно-аналітичне забезпечення заходів по боротьбі з організованою злочинністю і корупцією» Міністерство внутрішніх справ витратило 4,1 мільйона гривень. Така інформація міститься у звіті про видатки 2016 року Державної казначейської служби, повідомляє #Точно, проект Радіо Свобода.

Як зазначають у міністерстві, вказана бюджетна програма втілена з метою запобігання і припинення правопорушень, забезпечення громадського порядку, свобод і інтересів громадян, організаційно-розшукової діяльності.

Основні завдання програми – підготовка наукових та інформаційних матеріалів для боротьби з організованою злочинністю, а також впровадження в практику передового досвіду по боротьбі з організованою злочинністю та корупцією.

Загалом минулого року в рамках вказаної програми у Міністерстві внутрішніх справ підготували 5 монографій, 25 коментарів до нормативно-правових актів, 35 наукових статей, забезпечили видавництво трьох бюлетенів і двох журналів та іншого.

У бюджеті на 2017 рік на аналогічні наукові витрати Міністерство внутрішніх справ заклало також 4,1 мільйона гривень. У 2015 році МВС витратило 4,2 мільйона гривень.

На роботу Нацагентста з питань запобігання корупції у 2016 році було витрачено з бюджету 65,6 мільйона гривень.
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Найбільший український приватний енергетичний холдинг «ДТЕК Енерго» зберігає контроль над вугільними шахтами на окупованих територіях Донбасу, але видобуток на цих підприємствах зупинений. Про це повідомляє Reuters.

На запитання про стан шахти «Комсомолець Донбасу» представниця прес-служби холдингу відповіла: «Вона в режимі простою. Але контролюється нами. «Ровенькиантрацит» і «Свердловантрацит» теж в простої». На питання про причини простою у прес-службі відповіли: «А вантажити куди?»

Найбільший металургійний комбінат «АрселорМіттал Кривий Ріг» повідомив 9 березня, що стурбований можливими перебоями з електроенергією і сировиною.

«Можливим наслідком блокади може стати скорочення виробництва», – йдеться в повідомленні.

Від січня активісти, серед яких депутати Верховної Ради та люди, що називають себе ветеранами АТО, блокують деякі ділянки залізниці з вимогою припинити, за їхніми словами, торгівлю з окупованими районами Донбасу. Блокада зокрема стосується поставок вугілля, що видобувається не непідконтрольній частині Донбасу.

Президент України Петро Порошенко та прем’єр-міністр Володимир Гройсман засудили дії блокувальників. В середині лютого уряд України оголосив про надзвичайний стан в енергетиці.
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Українські споживачі 8 березня встановили новий мінімум добового відбору із підземних сховищ газу (ПСГ) у 2017 році. Про це свідчать оперативні дані компанії «Укртрансгаз».

Згідно з цими даними, у святковий і теплий день 8 березня з підземних сховищ було відібрано менш як 8 мільйонів кубометрів газу (точна цифра складає 7,71 мільйона кубометрів). Це найнижчий цього року показник добового відбору.

Порівняно з піковими навантаженнями обсяг споживання скоротився майже в 12 разів: наприклад, 1 лютого споживачі використали 91,8 мільйона кубометрів.

Станом на початок доби 9 березня в українських ПСГ було 8 мільярдів 180 мільйонів кубометрів газу. Від початку року запаси зменшилися на 3,8 мільярда кубометрів, а від початку опалювального сезону (13 жовтня) – майже на 6,6 мільярда кубометрів.

У НАК «Нафтогаз України» ще наприкінці 2016 року заявляли, що вважають сформовані в підземних сховищах запаси газу достатніми для проходження опалювального сезону. За розрахунками компанії, на кінець опалювального сезону у сховищах залишатиметься 7 – 8 мільярдів кубометрів при допустимому значенні 5 мільярдів кубометрів.
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It’s a major natural disaster that slowly grows in one place and then moves across a region, gaining intensity and size. As it spreads, it destroys land, ruins agriculture and tears apart communities, and it can kill people.

It’s a drought.

Researchers are just beginning to view droughts as this type of dynamic force, and some hope that soon they will be monitored similarly to hurricanes — with scientists able to predict their development, helping to protect those living in their path.

Ten percent of droughts travel between 1,400 to 3,100 kilometers from where they begin, according to a recent study. The study, which analyzed 1,420 droughts between 1979 and 2009, identified “hot spots” around the world and common directions in which droughts move.

Some droughts in the southwest United States, for example, tend to move from south to north. In Argentina, they usually migrate the opposite direction. In Central Africa, droughts tend to go southeastern toward the coast.

“It can start somewhere, move throughout the continent, and obviously cause harm throughout its way,” Julio Herrera-Estrada, a doctoral candidate at Princeton University and leader of the study, said Thursday.

Droughts that travel are usually the largest and most disastrous, the scientists found. They can cause a loss of agriculture, wildlife, wetlands and human life, according to the National Drought Mitigation Center in Lincoln, Nebraska.

Very costly

They are also one of the most expensive natural disasters that people face today, according to Herrera-Estrada, who collaborated on the study with the International Institute for Applied Systems Analysis in Vienna.

The most recent moving drought that Herrera-Estrada studied began in 2008 in Ukraine and Russia, and moved 1,700 kilometers northeast, ending in northwest Russia and affecting parts of Kazakhstan on the way. It lasted almost a year.

“People haven’t really thought of droughts in this way,” he told the Thomson Reuters Foundation.

Future research, Herrera-Estrada said, can shed light on what mechanisms cause some droughts to move and what affects their paths. This can be done accurately, however, only through collaboration among national governments, he said.

“It’s important to have a global or a continental understanding about how droughts are behaving,” he said. Collaboration “benefits people on the ground, farmers, cities that need water, power plants that need water.”

The study was published last week in the journal Geophysical Research Letters.   
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A bronze of a little girl defiantly facing Wall Street’s Charging Bull didn’t appear suddenly or spontaneously in the middle of the night in Manhattan’s financial district. 

It took months of intricate planning by two corporate giants to install “Fearless Girl” under the veil of darkness in time for Wednesday’s International Women’s Day. Within hours, she became the talk of the town and the world, a sculpted celebrity drawing crowds as a symbol of a woman’s right to move into power positions.

Behind the scenes, State Street Global Advisors, a $2.5 trillion asset managing firm, created the Fearless Girl project with McCann New York, one of the world’s top ad agencies whose client is State Street. The financial giant wanted to spread a serious message: that more women should be appointed to the boards of the Russell 3000, a broad index of U.S. companies.

Only 16 percent of board seats in Russell 3000 companies are held by women, according to ISS Analytics, a business research firm. Also on State Street’s radar are about 500 other firms in Great Britain and Australia. 

The aim of the Fearless Girl was to build what ad experts call a “brand experience” of a product or message, using some kind of creative, unique vehicle — in this case, a sculpture, created by artist Kristen Visbal.

“This thing went viral, and it spread globally, all over,” McCann spokesman Jeremy Miller said. “I’m watching my Twitter feed and it’s still a constant flow, filled with images of the Fearless Girl.” 

“In my 20 years in advertising, I personally have not seen anything like this,” he added.  

On Thursday, streams of gleeful fans posed for pictures with the 250-pound Fearless Girl statue as she stared down the 7,000-pound Charging Bull.

McCann obtained a one-week permit from the city before starting the installation in Bowling Green Park at 4 a.m. Tuesday, completing it as the sun rose on another New York business day.

The ad agency wasn’t trying to be secretive.

“We just didn’t want to disrupt business in the area,” Miller said.

And they wanted to mirror the 1989 arrival of the girl’s bronze counterpart. 

The Charging Bull was dropped into place in the middle of a Manhattan night by artist Arturo Di Modica and his team, who had no permit. The powerful piece was a symbol of Americans’ can-do energy following the 1987 stock market crash, and it proved so popular that the city allowed the bull to stay.

At the end of International Women’s Day on Wednesday, New York Mayor Bill de Blasio tweeted that Fearless Girl could remain in Lower Manhattan through April 2. Popular support for the piece to be kept permanently is growing, with petitions being signed.  

“Our future rests in the hands of fearless girls,” the Democratic mayor tweeted.
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Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership (TPP) will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile’s head of international trade told Reuters.

Representatives from the 12 countries that formed the TPP, plus China and South Korea, will meet for the first time since President Donald Trump pulled the United States out the TPP in January, effectively killing the accord in its current form.

The Chile meeting is a sign that efforts to find an alternative Asia-Pacific trade pact are moving ahead, with China now likely leading the talks after the United States dropped out.

Chile has accomplished its first goal of getting everyone together and will now seek commitments for further meetings to evaluate alternatives, Paulina Nazal told Reuters in an interview in Santiago on Wednesday evening.

“The objective is to confirm if the strategy of growth and openness of recent years is what we believe to be correct,” she said. “Do we need to include other issues? Do we need to implement policies that complement the opening of trade or not?”

It was still premature to say what the future roadmap would look like, she added.

“What we have seen from the various delegations is that it’s too open still,” said Nazal. “This is going to be the first meeting on how we go forward.”

Likely options, according to Nazal, could be to build on the base of pre-existing agreements — such as Latin America’s four-country Pacific Alliance, or the proposed Southeast Asian-backed Regional Comprehensive Economic Partnership (RCEP).

Countries including Australia, New Zealand and Canada had a “similar commercial approach” to the Pacific Alliance and had signaled an interest in joining or negotiating as a bloc, said Nazal.

“Others evidently feel more comfortable with the RCEP model and they could open a door to let others in.”

China, which is part of RCEP talks, has argued the TPP was too complex and political rather than purely trade-based.

Critics of the RCEP — including the former Obama administration — warned it would not include strong protections for workers, the environment or intellectual property.

With the election of Trump and the demise of the TPP, eyes have been on Beijing to take the lead on future trade talks.

“The Chinese want to be the leaders, the benchmark,” said Nazal. “That was not like that before.”
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