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Category: Економіка

On 100th Day in Office, Trump to Focus on Trade

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President Donald Trump will spend his 100th day in office talking tough on trade in one of the states that delivered his unlikely win.

 

The president is expected to sign an executive order Saturday that will direct his Commerce Department and the U.S. Trade Representative to perform a comprehensive study of the nation’s trade agreements to determine whether America is being treated fairly by its trading partners and the 164-nation World Trade Organization.

It’s one of two executive orders the president will sign at a shovel factory in Pennsylvania’s Cumberland County, the kind of place that propelled his surprise victory.

Rally in Pennsylvania 

The last week has been a frenzy of activity at the White House as Trump and his team have tried to rack up accomplishments and make good on campaign promises before reaching the symbolic 100-day mark. In addition to the visit to the Ames tool factory, which has been manufacturing shovels since 1774, the president will hold one of his signature campaign rallies in Harrisburg to cap the occasion.

 

It’s a return to fundamentals for a president who has, in recent days, sounded wistful reflecting on his term so far.

 

Earlier this week, Trump announced his intention to work to renegotiate the North American Free Trade Agreement. He also said he would begin renegotiating a free trade deal with South Korea, with which the U.S. has a significant trade deficit.

Trade discussed every day

 

“There isn’t a day that goes by that the president doesn’t discuss some aspect of trade,” Commerce Secretary Wilbur Ross said at the White House Friday.

 

The executive orders signed Saturday will mark Trump’s 31st and 32nd since taking office, the most of any president in his first 100 days since World War II. It’s a jarring disconnect from Trump’s rhetoric during the campaign, when he railed against his predecessor’s use of the tool, which has the benefit of not needing congressional sign-off.

The more significant of the two orders will give the Commerce Department and the U.S. Trade Representative 180 days to identify violations and abuses under the country’s trade agreements and recommend solutions.

World Trade Organization outdated 

Ross said the WTO, the Geneva-based arbiter of world trade rules, is bureaucratic and outdated and needs an overhaul. Ross downplayed the possibility that the United States would consider leaving the organization but didn’t rule it out. 

“As any multilateral organization, there’s always the potential for modifying the rules,” he said.

 

The administration argues that unfair competition with China and other trade partners has wiped out millions of U.S. factory jobs. Ross said dissatisfaction with trade policy is one reason voters turned to Trump.

 

“They’re fed up with having their jobs go offshore. They’re fed up with some of the destructive practices,” he said. “So in effect, the country said in this last election: It’s about time to fix these things. And the president heard that message.”

 

Trump, who campaigned on a vow to crack down on China and other trading partners, has announced several other moves on trade in recent weeks. He ordered the Commerce Department to study the causes of the United States’ massive trade deficit in goods, $734 billion last year, $347 billion with China alone. The administration is also imposing duties on Canadian softwood timber and is investigating whether steel and aluminum imports pose a threat to national security.

 

Ross said Friday that the WTO is too narrowly focused on limiting traditional tariffs — taxes on imports — and does little to counter less conventional barriers to trade or to police violations of intellectual property rights.

 

Trump has pushed a model of “reciprocal trade” agreements in which the U.S. would raise or lower tariffs on a country’s imports depending on how that country treats the U.S.

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Categories: Економіка

Trump Signs Order Opening Arctic for Oil Drilling

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President Donald Trump is re-opening for oil exploration areas that President Barack Obama had closed, a move that environmental groups have promised to fight.

In an executive order Friday, the president reversed the Obama administration’s decision to prohibit oil and gas drilling in the Arctic waters off Alaska.

The order also instructs the Interior Department to review current restrictions on energy development in the Atlantic Ocean and Gulf of Mexico. In addition, it bars the creation or expansion of marine sanctuaries and orders a review of all areas protected within the last 10 years.

Trump cites advantages

The White House says 90 billion barrels of oil and 327 trillion cubic feet of natural gas are buried off the U.S. coastline, but 94 percent of the area is off limits.

“Renewed offshore energy production will reduce the cost of energy, create countless new jobs and make America more secure and far more energy independent,” Trump said at a signing ceremony at the White House.

The action is the latest from the Trump administration aimed at boosting domestic energy production and loosening environmental regulations.

In his first 100 days, Trump has relaxed coal mine pollution rules and ordered a review of vehicle efficiency standards and power plant greenhouse gas rules. His administration has stopped defending Obama-era pollution regulations challenged in court.

The energy industry has cheered the moves. Environmental groups have promised strong opposition.

Fragile ecosystems

Conservationists have long opposed oil drilling in the Arctic. A spill would devastate the region’s fragile ecosystems, they say, while extreme conditions raise the risks of a spill and make cleanup harder.

Fishing and tourism on the Atlantic coast and Gulf of Mexico would suffer from an accident, too, environmentalists note.

“By his actions today, President Trump has sent a clear message that he prioritizes the oil and gas industry over the needs of working Americans in our coastal communities who depend on healthy fishing and tourism economies for their livelihoods,” Environmental Defense Fund Vice President Elizabeth Thompson said in a statement.

Reviewing and rewriting the current offshore drilling plans are expected to take several years. Environmental groups plan legal challenges to the changes.

 

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Categories: Економіка

Нацбанк вирішив ліквідувати «Фінбанк»

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Національний банк України вирішив відкликати банківську ліцензію та ліквідувати «Фінбанк».

Як повідомляє прес-служба регулятора, 7 квітня «Фінбанк» віднесли до категорії неплатоспроможних.

За даними Фонду гарантування вкладів фізичних осіб, 99% вкладників «Фінбанк» отримають свої вклади у повному обсязі, оскільки їх розмір не перевищує гарантовану суму у 200 тисяч гривень.

За даними фонду, наразі в Україні 87 банків перебувають у процесі ліквідації.

 

 

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Categories: Економіка

US Economy Grows at Disappointing 0.7% in First Quarter

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The latest economic data indicate the U.S. economy is growing at the slowest rate in three years. The GDP or gross domestic product, the broadest measure of all goods and services produced in the country, increased at a disappointing 0.7 percent annual rate, according to new government estimates released Friday.  That’s the weakest performance since 2014, as consumer spending stayed flat and business inventories remained small.  

Analysts say that’s bound to be a disappointment to U.S. President Donald Trump who predicted strong economic growth on day one, once he took over the White House. 

“Remember candidate Trump talked about GDP of about 5 percent and paraphrasing, perhaps something much, much stronger,” said Bankrate.com senior analyst Mark Hamrick. 

“Most economists believe the track for the U.S. economy for the intermediate future is going to be very familiar to what has been seen over the last number of years, and that’s somewhere between one and probably 2.5 percent on an annual basis.”

The U.S. economy grew at a 2.1 percent pace in the fourth quarter of 2016.  But economists say first quarter estimates tend to be notoriously low for a number of reasons.  

“In some years it’s been because of bad weather that kept people in their homes, keeping them from purchasing things but it’s also believed to be somewhat flawed statistically — meaning that what’s actually happening in the economy isn’t being perfectly captured by government statistics,” Hamrick tells VOA.  “It ends up being an estimate and most of them are not perfect”.

Most economists say the first quarter estimate should not be seen as a true measure of U.S. economic health. 

Other indicators suggest a more positive outlook. The U.S. unemployment rate is near a 10-year low at 4.5 percent, consumer and business sentiment are rising and major U.S. stock indexes are near record highs.

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Apple Cuts Off Payments, Qualcomm Slashes Expectations

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Qualcomm slashed its profit expectations Friday by as much as a third after saying that Apple is refusing to pay royalties on technology used in the iPhone.

Its shares hit a low for 2017.

Apple Inc. sued Qualcomm earlier this year, saying that the San Diego chipmaker has abused its control over essential technology and charged excessive licensing fees. Qualcomm said Friday that Apple now says it won’t pay any fees until the dispute is resolved. Apple confirmed Friday that it has suspended payments until the court can determine what is owed.

“We’ve been trying to reach a licensing agreement with Qualcomm for more than five years but they have refused to negotiate fair terms,” Apple said. “As we’ve said before, Qualcomm’s demands are unreasonable and they have been charging higher rates based on our innovation, not their own.”

Qualcomm said it will continue to vigorously defend itself in order to “receive fair value for our technological contributions to the industry.”

But the effect on Qualcomm, whose shares have already slid 15 percent since the lawsuit was filed by Apple in January, was immediate.

Qualcomm now expects earnings per share between 75 and 85 cents for the April to June quarter. Its previous forecast was for earnings per share between 90 cents and $1.15.

Revenue is now expected to be between $4.8 billion and $5.6 billion, down from its previous forecast between $5.3 billion and $6.1 billion.

Shares of Qualcomm Inc. tumbled almost 4 percent at the opening bell to $51.22.

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Federal Court: Women Can Be Paid Less Based on Past Salary

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Employers can legally pay women less than men for the same work based on differences in the workers’ previous salaries, a federal appeals court ruled Thursday.

The decision by the 9th U.S. Circuit Court of Appeals overturned a lower-court ruling that said pay differences based exclusively on prior salaries were discriminatory under the federal Equal Pay Act.

That’s because women’s earlier salaries are likely to be lower than men’s because of gender bias, U.S. Magistrate Judge Michael Seng said in a 2015 decision.

1982 law cited

A three-judge panel of the 9th Circuit cited a 1982 ruling by the court that said employers could use previous salary information as long as they applied it reasonably and had a business policy that justified it.

“This decision is a step in the wrong direction if we’re trying to really ensure that women have work opportunities of equal pay,” said Deborah Rhode, who teaches gender equity law at Stanford Law School. “You can’t allow prior discriminatory salary setting to justify future ones or you perpetuate the discrimination.”

Activists held rallies around the country earlier this month on Equal Pay Day to highlight the wage gap between men and women. Women made about 80 cents for every dollar men earned in 2015, according to U.S. government data.

The 9th Circuit ruling came in a lawsuit by a California school employee, Aileen Rizo, who learned in 2012 while having lunch with her colleagues that her male counterparts were making more than she was.

Attorney: Logic hard to accept

Her lawyer, Dan Siegel, said he had not yet decided the next step, but he could see the case going to the U.S. Supreme Court because other appeals courts have decided differently.

“The logic of the decision is hard to accept,” he said. “You’re OK’ing a system that perpetuates the inequity in compensation for women.”

Fresno County public schools hired Rizo as a math consultant in 2009 for $63,000 a year. The county had a standard policy that added 5 percent to her previous pay as a middle school math teacher in Arizona. But that was not enough to meet the minimum salary for her position, so the county bumped her up.

Equal Pay Act of 1963

The Equal Pay Act, signed into law by President John F. Kennedy in 1963, forbids employers from paying women less than men based on sex for equal work performed under similar working conditions. But it creates exemptions when pay is based on seniority, merit, quantity or quality of work or “any other factor other than sex.”

The county argued that basing starting salaries primarily on previous pay prevents subjective determinations of a new employee’s value. The 5 percent bump encourages candidates to leave their positions to work for the county, it said.

The 9th Circuit sent the case back to Seng to consider that and other justifications the county provided for using previous salaries.

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Trump to Sign Order Aimed at Expanding Offshore Drilling

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Working to dismantle his predecessor’s environmental legacy, President Donald Trump plans to sign an executive order Friday that could lead to the expansion of drilling in the Arctic and Atlantic oceans.

With one day before he reaches his 100th day in office, Trump will order his interior secretary to review an Obama-era plan that dictates which locations are open to offshore drilling, with the goal of the new administration to expand operations.

It’s part of Trump’s promise to unleash the nation’s energy reserves in an effort to reduce reliance on foreign oil and to spur jobs, regardless of fierce opposition from environmental activists, who say offshore drilling harms whales, walruses and other wildlife and exacerbates global warming.

Zinke: Safeguards remain

“This order will cement our nation’s position as a global energy leader and foster energy security for the benefit of American people, without removing any of the stringent environmental safeguards that are currently in place,” Interior Secretary Ryan Zinke told reporters at a White House briefing Thursday evening.

Zinke said the order, combined with other steps Trump has taken during his first months in office, “puts us on track for American energy independence.”

The executive order will reverse part of a December effort by President Barack Obama to deem the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlantic as indefinitely off limits to oil and gas leasing.

It will also direct Zinke to conduct a review of the locations available for offshore drilling under a five-year plan signed by Obama in November. The plan blocked new oil and gas drilling in the Atlantic and Arctic oceans. It also blocked the planned sale of new oil and gas drilling rights in the Chukchi and Beaufort seas north of Alaska, but allowed drilling to go forward in Alaska’s Cook Inlet southwest of Anchorage.

The order could open to oil and gas exploration areas off Virginia and North and South Carolina, where drilling has been blocked for decades.

Zinke said that leases scheduled under the existing plan will remain in effect during the review, which he estimated will take several years.

Monuments, sanctuaries under review

The order will also direct Commerce Secretary Wilbur Ross to conduct a review of marine monuments and sanctuaries designated over the last 10 years.

Citing his department’s data, Zinke said the Interior Department oversees some 1.7 billion acres on the outer continental shelf, which contains an estimated 90 billion barrels of undiscovered oil and 327 trillion cubic feet of undiscovered natural gas. Under current restrictions, about 94 percent of that outer continental shelf is off-limits to drilling.

Zinke, who will also be tasked with reviewing other drilling restrictions, acknowledged environmental concerns as valid, but he argued that the benefits of drilling outweigh concerns.

Environmentalists protest

Environmental activists, meanwhile, railed against the expected signing, which comes seven years after the devastating 2010 BP oil spill in the Gulf of Mexico.

Diana Best of Greenpeace said that opening new areas to offshore oil and gas drilling would lock the U.S. “into decades of harmful pollution, devastating spills like the Deepwater Horizon tragedy, and a fossil fuel economy with no future.

“Scientific consensus is that the vast majority of known fossil fuel reserves — including the oil and gas off U.S. coasts — must remain undeveloped if we are to avoid the worst effects of climate change,” she said.

Jacqueline Savitz of the ocean advocacy group Oceana warned the order would lead to “corner-cutting and set us up for another havoc-wreaking environmental disaster” in places like the Outer Banks or in remote Barrow, Alaska, “where there’s no proven way to remove oil from sea ice.”

“We need smart, tough standards to ensure that energy companies are not operating out of control,” she said, adding: “In their absence, America’s future promises more oil spills and industrialized coastlines.”

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United Airlines Settles with Doctor Dragged Off Plane

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United Airlines reached an out-of-court settlement Thursday with a doctor who was dragged off one of its flights after he refused to give up his seat.

The airline and Dr. David Dao’s lawyers agreed not to disclose the amount of money he will receive.

United put out a brief statement saying it reached an “amicable resolution of the unfortunate incident.”

United changes policy

The airline said earlier Thursday that from now on, no passenger would be forced to give up his seat except in cases of safety and security.

Those who volunteer to surrender their seats when a flight is overbooked would get up to $10,000 in compensation.

“Every customer deserves to be treated with the highest levels of service and the deepest sense of dignity and respect,” United chief Oscar Munoz said. “Two weeks ago, we failed to meet that standard and we profoundly apologize.”

Chicago aviation police dragged Dao up the aisle of the packed plane when United needed to make room for airline employees.

Three other passengers volunteered to give up their seats, but Dao was picked out at random and refused to leave, saying he had to get home to treat patients.

Congress gets involved

His nose was broken, some teeth were knocked out, and he suffered a concussion. Cellphone video captured the scene. Dao, with blood streaming down his face, could be heard screaming with other shocked passengers.

The incident prompted calls in Congress  to bring back government airline regulation.

Some lawmakers demanded outlawing the practice of overbooking flights, in which airlines sell more seats than are available to ensure a full plane.

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White House Backs Off as Lawmakers Work to Avert Shutdown

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Lawmakers are nearing agreement on sweeping spending legislation to keep the lights on in government, after the White House backed off a threat to withhold payments that help lower-income Americans pay their medical bills.

 

It was the latest concession by the White House, which had earlier dropped a demand for money for President Donald Trump’s border wall. Even with Republicans in control of both chambers of Congress and the White House, the Trump administration is learning that Democrats retain significant leverage when their votes are needed on must-pass legislation.

 

A temporary funding bill expires Friday at midnight, and GOP leaders late Wednesday unveiled another short-term spending bill to prevent a government shutdown this weekend, something Republicans are determined to avoid.

 

There appears little chance of that as lawmakers worked to resolve final stumbling blocks on issues like the environment, though a short-term extension of existing funding levels is likely.

 

“The fundamental issue is keeping the government open, that’s our focus,” said Rep. Patrick McHenry, R-N.C., a top member of the vote-counting team in the House.

 

At the same time, House Republicans had a breakthrough on their moribund health care legislation as a key group of conservatives, the House Freedom Caucus, announced it would support a revised version of the bill. Freedom Caucus opposition was a key ingredient in the legislation’s collapse a month ago, a humiliating episode for Republicans that called into question their ability to govern given that they’ve been promising for seven years to repeal and replace former President Barack Obama’s Affordable Care Act.

 

Yet whether the Freedom Caucus support would be enough remained uncertain. One key moderate, GOP Rep. Charlie Dent of Pennsylvania, dismissed the Freedom Caucus about-face as “a matter of blame-shifting and face-saving” for a bill going nowhere. Even if the legislation passes the House it will face major hurdles in the Senate and is certain to be extensively revised if it survives at all.

 

The changes in the bill would let states escape requirements under Obama’s health care law that insurers charge healthy and seriously ill customers the same rates, and cover a list of specified services like maternity care. Conservatives embraced the revisions as a way to lower people’s health care expenses, but moderates saw them as diminishing coverage.

 

Despite some optimism among House leaders for a quick vote on the health bill, the outcome was difficult to predict. The White House has been exerting intense pressure on House GOP leaders to deliver any tangible legislative accomplishments ahead of Trump’s 100-day mark, something that has yet to occur aside from Senate confirmation of Supreme Court Justice Neil Gorsuch.

 

The massive spending measure, which would wrap together 11 unfinished spending bills into a single “omnibus” bill, represents the first real bipartisan legislation of Trump’s presidency.

 

Democratic votes are needed to pass the measure over tea party opposition in the House and to provide enough support to clear a filibuster hurdle in the Senate, which has led negotiators to strip away controversial policy riders and ignore an $18 billion roster of unpopular spending cuts submitted by White House budget director Mick Mulvaney.

 

The outlines of a potential agreement remained fuzzy, but aides familiar with the talks said Trump would emerge with border security funding that’s unrelated to the wall and a $15 billion down payment for military readiness accounts on top of $578 billion in already-negotiated Pentagon funding. Democrats won funding for medical research, Pell Grants and foreign aid.

 

But negotiators rejected Trump’s demands for $1 billion to begin construction of his promised wall along the length of the 2,000-mile (3218.54-kilometer) U.S.-Mexico border. And after a dispute between Mulvaney and House Minority Leader Nancy Pelosi, the administration agreed to keep funding cost-sharing payments under Obamacare that go to reimburse health insurers for reducing deductibles and co-payments for lower-income people.

 

___

 

Associated Press writers Andrew Taylor and Alan Fram contributed to this report.

 

AP-WF-04-27-17 0724GMT

 

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Not Just a Boys’ Club: Women Hooking Into Fishing Industry

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“At the beginning of my fishing career, all the world told me that the trade was for men,” says Chrifa Nimri, “but now all my colleagues respect and call me captain.”

The 69-year-old Tunisian fisherwoman is one of a very small female minority in a very male-dominated profession – commercial fishing.

Around the world, the dangerous work of hauling in the catch at sea is overwhelmingly performed by men. But if you expand the definition of fishing to include processers and marketers of seafood, workers in small-scale and artisanal fisheries, and collectors of clams and other shellfish, women account for a substantial part of the global industry.

No women on board

Sara Skamser has worked in or around commercial fishing for nearly her entire adult life. In her early 20s, she arrived on the Oregon coast and collected her first paychecks salmon fishing and crabbing in local waters. Then Skamser asked for jobs on bigger boats home-ported in Newport — better pay and bigger adventure and all. But, she recalls, none of those skippers would hire her.

“No. They said no.” She mimics them. “’Uh, I know you could do the job. Gosh, you’re probably stronger than me. Uhhh, but I don’t think my wife would like it.’ Or, ‘Uhhh. I would feel terrible if you got hurt on my boat.'”

This was in the early 1980s. To this day in the Pacific Northwest, women hold fewer than 4 percent of the commercial fishery licenses issued by the U.S. states. Elsewhere in the world, social norms helped to keep the gender disparity in place. For example, in Mexico, Peru, Senegal and Vietnam, which all have major marine fisheries, 4 percent or fewer of the workers on fishing boats are women.

Changes on shore

But pull back the lens a little bit and there’s evidence of change. Skamser provided one of many oral histories that formed the basis of a research project on the role of women in the northwestern U.S. commercial fishing industry. Grad student Sarah Calhoun and Professor Flaxen Conway of Oregon State University along with the NOAA Northwest Fisheries Science Center researcher Suzanne Russell in Seattle analyzed the results, which were published in the journal Marine Policy.

Conway, a sociologist, says they found women are playing a larger role on the regulatory and business side.

“I think if you look at the scientists, you look at the processing, you look at the marketing. … Once you broaden that out to fisheries in general, then I would absolutely say there are more women in science positions and management positions than there have been in my career, in my 27-year-long career.”

“We’re seeing an increase on the business side more so than ever before,” added social scientist Russell. “Women always worked the business side of things, but now with the complexity and all the reporting, trading and bycatch requirements, it’s pretty intense.”

One of Conway’s takeaways was that the traditional, behind-the-scenes role of a fisherman’s wife has become an increasingly complex and critical job. “Whether it’s regulation, safety, marketing, research, it’s all caring for that fishing family business and making those products get to the table that we enjoy.”

An international look

A separate research team cast a wider net – examining women’s contributions to the fishing industry in Mexico, Peru, Senegal, South Africa and Vietnam. Sarah Harper of the University of British Columbia led that study, whose results appeared in the latest edition of the journal Coastal Management.

“In terms of going out on fishing boats, I think it is still predominantly male-dominated. But certainly when we look at some of the small scale fisheries, the collection of shellfish and fish from shore, women are much more involved and definitely underestimated and undercounted in this area.”

Harper says subsistence fishing by women to feed their families is easily overlooked. So, she says, is who goes crabbing in Vietnam or fishing from boats in lagoons.

When harvest by women is overlooked, Harper says that makes it harder for governments to accurately gauge the pressure on a seafood resource and sustainably manage a fishery.

“When you’re looking at managing fisheries and potentially trying to rebuild fisheries and implement conservation measures, you really need to know who is fishing and where.  If there are fisheries that only men are focused on in certain regions and we’re only focused on those, we’re not getting the whole picture.”

Harper says she is encouraged to see United Nations bodies take an interest in gender equality in fisheries and be more gender-inclusive when making policy and management recommendations.

Hooking new opportunities

Sara Skamser is still involved in the industry, but not on a fishing vessel. She makes her voice heard on several local advisory boards, and founded a successful fishing net and gear company called Foulweather Trawl with her husband in Oregon. She also deals with some of the fishermen who wouldn’t hire her decades ago.

“Bottom line of all of that is that I invoice those people now and occasionally there’s a large invoice. I just look at ’em. I give them the look. Like, ‘Uh, huh. Probably should’ve hired me. You would’ve gotten that for free,'” she says with a chuckle.

There are online forums dedicated to women in fishing and elevating their profile.  One in particular on Facebook called “Chix Who Fish” celebrates victories such as getting a boot maker and a foul weather gear maker to add product lines tailored to the shapes of women’s bodies.

American “chicks” who fish have no use for gender-neutral titles by the way, according to Flaxen Conway. “They don’t want to be called a woman fisherman. They just want to be called a fisherman.”

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«Газпром» збільшив суму вимог до «Нафтогазу» до 37 мільярдів доларів

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Російський газовий монополіст «Газпром» збільшив суму вимог до Національної акціонерної компанії «Нафтогаз України» в арбітражі Стокгольма ще більш як на 5,3 мільярда доларів, до 37 мільярдів доларів. Це випливає зі поданого «Газпромом» звіту за міжнародними стандартами фінансової звітності, повідомляють російські інформагенції.

Уточнена сума, як стверджує російська сторона, «включає вимоги з оплати заборгованості за поставлений в травні-червні 2014 року газ, оплату за зобов’язанням «бери або плати» за 2012–2016 роки та пені за прострочення оплати».

У повідомленні також ідеться, що арбітражне рішення в Стокгольмі буде ухвалене 30 червня.

На початку квітня голова правління «Нафтогазу України» Андрій Коболєв заявив, що остання інформація зі Стокгольмського арбітражу, який розглядає суперечки між «Нафтогазом» і російським газовим монополістом «Газпромом», оптимістична для української сторони.

«Нафтогаз» і «Газпром» подали одне на одного кілька взаємних позовів стосовно газових контрактів 2009 року про постачання і про транзит газу і стосовно їхнього виконання (чи невиконання, як стверджують сторони) до Арбітражного інституту Торгової палати Стокгольма, як передбачено цими контрактами. Загальна сума позовів – десятки мільярдів доларів.

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White House: US Not Withdrawing From NAFTA Now

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After reports that President Donald Trump was considering an executive order to withdraw the United States from the North American Free Trade Agreement, the White House said Wednesday that Trump agreed not to take such action after phone calls with the leaders of Canada and Mexico.

Since launching his bid for president, Trump has repeatedly criticized the nation’s trade deals, especially NAFTA, saying the agreement signed in 1994 has been a “disaster” and allowed many U.S. jobs to shift to Mexico.

“President Trump agreed to not terminate NAFTA at this time, and the leaders agreed to proceed swiftly, according to their required internal procedures, to enable renegotiation of the NAFTA deal to the benefit of all three countries,” the White House said.

The statement further said Trump is honored to work with Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto, and that he believes the renegotiation process will make the three countries stronger.

A Mexican government statement confirmed the phone call between Trump and Peña Nieto, saying the leaders agreed on the convenience of maintaining NAFTA and working with Canada to bring about successful negotiations for the benefit of the three nations.

Earlier Wednesday, a Canadian foreign ministry spokesman said Canada is “ready to come to the table at any time.”

Trump targeted Canada this week for what he said was unfair trade practices, and ordered a new 20 percent tariff on Canadian lumber exports.

Many Mexican officials have called NAFTA a disappointment, saying it has brought slow economic growth despite increased investment in factories and industry.

 

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India’s Planned Investment in Sri Lanka’s Trincomalee Port Gets a Push

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India’s plans to invest in a strategic port in Sri Lanka as a counterbalance to China’s massive infrastructure investments in the Indian Ocean island country got a push Wednesday as Sri Lankan Prime Minister Ranil Wickremesinghe visited New Delhi.

China’s development of the key Hambantota port in Sri Lanka, which is a gateway to crucial shipping lanes, has raised concerns in New Delhi about Beijing’s widening naval influence in its neighborhood.

In New Delhi, India and Sri Lanka signed a memorandum of understanding on economic cooperation and expressed commitment to its implementation. Foreign Ministry spokesperson, Gopal Baglay, tweeted that it signaled “deepening economic collaboration.”

The specific deal to develop the World War II oil storage facility in the eastern port of Trincomalee, South Asia’s deepest natural harbor, is expected to be signed next month when Modi visits Colombo.

Although India’s planned investment in energy infrastructure in Trincomalee will be far more modest compared to Beijing’s ambitious Hambantota project, analysts say it will enable New Delhi to secure a foothold and ensure that no other country uses the harbor for military purposes.

While Colombo has assured India that Hambantota will be used only for commercial activity, its potential use as a naval base worries New Delhi. Those worries have intensified since a Chinese submarine docked briefly in Colombo port in 2014.

India has long fretted about China’s expanding foothold in the Indian Ocean region through infrastructure projects in countries such as Sri Lanka, Pakistan and Bangladesh.

“We find that India is now getting more and more strategically encircled by economic infrastructure projects,” according to Vijay Sakhuja, Director of the National Maritime Foundation in New Delhi.

Besides Hambantota port in Sri Lanka, he points to China’s building of Gwadar port in Pakistan. Warning that these projects, built to facilitate trade, also have a strategic element, he says, “We should not be surprised by frequent PLA [People’s Liberation Army] navy presence in the Indian Ocean, particularly in Gwadar, which will cause some discomfort to the naval planners in New Delhi.”

For Sri Lanka, India’s planned investment in the energy project in Trincomalee will help counterbalance the massive infrastructure deals signed with China by the former government of Mahinda Rajapaksa, who had leaned heavily toward Beijing.

“The spin off of that [project] is balancing what is perceived as predominant Chinese influence as far as the economy is concerned,” said Paikiasothy Saravanumuttu at the Center for Policy Alternatives in Colombo.

The new government is trying to move away from the heavy dependance on Beijing for foreign investment. During a recent visit to Tokyo, Prime Minister Wickremesinghe sought Japanese investment for the Colombo and Trincomalee ports.

 

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Україна і Білорусь домовились про співпрацю щодо поставок електроенергії та нафтопродуктів – Порошенко

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Україна домовилась про збільшення експорту електроенергії в Білорусь, а також про зростання імпорту звідти нафтопродуктів, повідомив український президент Петро Порошенко за результатами зустрічі із білоруським колегою Олександром Лукашенком.

«Домовились ми і про взаємодію у галузі енергетичної безпеки, присутності Білорусі на ринку нафтопродуктів України – збереження цієї присутності і її зростання. Домовились і дали відповідні доручення щодо можливості експорту електроенергії української для білоруських користувачів», – сказав Порошенко.

Окрім того він зазначив, що Олександр Лукашенко погодився відвідати Україну влітку з офіційним візитом.

Як повідомлялось раніше, в «Укренерго» планували відновити постачання струму у Білорусь і Молдову у квітні цього року.

Петро Порошенко та Олександр Лукашенко 26 квітня взяли участь у заходах у зв’язку з черговою річницею аварії на Чорнобильській атомній електростанції.

У листопаді минулого року на Чорнобильській АЕС завершили насувати арку нового безпечного конфайнменту на об’єкт «Укриття» четвертого енергоблоку, що був зруйнований під час ядерної катастрофи 26 квітня 1986 року. Встановлення нового укриття дало змогу перейти до робіт із демонтажу конструкцій, вилучення і подальшої утилізації паливовмісних і радіоактивних матеріалів.

Будівництво арки розпочалося у 2012 році.

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Romania: Hundreds of Taxis, Buses Protest Uber

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Some 200 taxis and buses have parked outside the government offices in Romania’s capital, Bucharest, demanding that Uber and other online taxi services be outlawed in the country. 

 

Transport in the already crowded city was disrupted Wednesday morning as the protest, scheduled to last until the evening, got underway.

 

Drivers arrived early and parked their yellow taxis and blew vuvuzela horns in protest. Some met Premier Sorin Grindeanu to present their demands.

 

Bogdan Dinca, a transport union leader, told The Associated Press that they want the government to approve an emergency ordinance “to eradicate the piracy” they accuse Uber of. The ordinance awaits final approval by the prime minister. 

 

The Confederation of Licensed Transport Operators says it wants “online technology platforms that provide unauthorized taxi services to be outlawed,” to protect licensed carriers. 

 

Uber says it is a ride-sharing service with transparent costs and its drivers pay taxes. It says some 250,000 clients have used its services in the Romanian capital and other major cities in the past two years.

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Canada Increasingly Draws Trump’s Ire

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President Donald Trump and Commerce Secretary Wilbur Ross on Tuesday said they did not fear a trade war with Canada after American punitive action on lumber and milk.

“They have a tremendous surplus with the United States,” Trump said, adding “people don’t realize Canada’s been very rough on the United States. … They’ve outsmarted our politicians for many years.”

Trump added that he wanted “a very big tax” on Canadian lumber and timber.

He made the comments at a meeting with American farmers where he signed an executive order aimed at helping agriculture and rural areas.   

Trump also talked to Canadian Prime Minister Justin Trudeau Tuesday. Trudeau “refuted the baseless allegations by the U.S. Department of Commerce and the decision to impose unfair duties,” according to a summary of the call released by Trudeau’s office.

“The prime minister stressed that the government of Canada will vigorously defend the interests of the Canadian softwood industry, as we have successfully done in all past lumber disputes with the U.S.,” the statement said.

The Canadian dollar fell to a 14-month low against the greenback after the United States imposed preliminary tariffs averaging 20 percent — more than $1 billion of countervailing duties — on imported Canadian softwood.

Earlier in the day, Trump vowed moves to protect the American dairy industry.

On Tuesday morning, he tweeted: “Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!”

Against NAFTA

Trump, since his time campaigning for the presidency, has voiced his strong displeasure with the 1994 North American Free Trade Agreement (NAFTA), but until now he has vented most of his ire southward, toward Mexico.

Ross, speaking to reporters on the White House podium, would not explicitly characterize the actions on lumber and dairy as the opening shots on renegotiating NAFTA, but he did say: “Everything relates to everything else when you’re trying to negotiate.”

He described Canada as “generally a good neighbor,” asserting that its allegedly unfair trade practices regarding lumber and dairy were not very neighborly.

 

Asked on Tuesday in Kitchener, Ontario, about the U.S. trade actions and the fate of NAFTA, Canadian Prime Minister Justin Trudeau replied, “Standing up for Canada is my job, whether it’s softwood or software.”

Trudeau added, “Any two countries are going to have issues that will be irritants to the relationship and, quite frankly, having a good, constructive, working relationship allows us to work through those irritants.”

Some other Canadians were less diplomatic in their reactions.

“In Canada, the perception is that we’re always very nice,” said Unifor President Jerry Dias, representing forestry workers across the country. “But we can’t get trampled by this guy [Trump].”

‘Ignore, do not engage’

The majority of Canadians, including the prime minister and his colleagues, “understand that President Trump is prone to making ill-informed, off-the-cuff and arbitrary comments about a host of domestic and foreign policy issues,” Donald Abelson, the chairman of the political science department at the University of Western Ontario in London, told VOA.

“Canada will likely respond to Trump’s Tuesday tweet in a manner similar to how a competent parent responds to a child’s temper tantrum — ignore, do not engage,” added Abelson, who is also director of the school’s Canada-U.S. Institute.  

Other Canadians displayed wry humor — a traditional reaction to irritations from south of the border (at least since the last U.S. invasion during the War of 1812), considering the asymmetry of power.   

The president’s messages prompted immediate puns on Canadian social media, with tweets referencing “sacred cows” and calling the American trade action on dairy “udderly stupid” and “cheesy,” Sparkle Hayter, veteran Canadian journalist and author, told VOA.

The dairy dispute goes back decades. Currently, there is an overproduction of milk, according to dairy farmers on both sides of the border.

The U.S.-Canada lumber squabble is rooted in a couple of centuries of history.

 

 

In response to the proposed tariff on softwood lumber, “Canada to strike back by charging duties on exported Cdn actors,” tweeted the account of 22 Minutes, a satirical news program on national public broadcaster CBC.

Cows are No. 1

The Twitter account also noted the U.S. president “tweeted about Canadian dairy industry first thing this morning, so on his list of priorities: 1. Canadian Cows. 2. North Korea.”  

Trump’s attention on Canada comes amid indications he is pivoting away — at least temporarily — from the southern border and his quest to quickly fund his border wall with Mexico.

“We have plenty of time” to complete the wall during his first term, Trump assured reporters Tuesday afternoon.  

The presidential desire for border protection might find a better reception to the north, considering the comments from some Canadians.

 

“Some [in Canada] would like to separate from the U.S., like literally,” by digging a two-mile moat at the border “and filling it with beavers and mosquitoes,” quipped Hayter from her home province of Alberta.   

But many Canadians see themselves confronting a cross-border creature bigger than a beaver.

“Sleeping with an elephant” is how the late Pierre Trudeau, the current Canadian prime minister’s father, once characterized relations with the United States, “affected by every twitch and grunt.”

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Trump Set to Call for Big US Corporate Tax Cut

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U.S. President Donald Trump is set to call for a sharp reduction in the nation’s corporate tax rate, the highest among the world’s industrialized countries.

Trump is planning to unveil his tax plans Wednesday, with aides saying he will ask Congress to slash the current 35 percent rate down to 15 percent, a pledge he first made during last year’s presidential election campaign.

White House spokesman Sean Spicer said the U.S. has been “uncompetitive” against other countries in attracting new businesses, “largely because of our rates.”

U.S. lawmakers have for years vowed to adopt broad tax reforms, but the efforts have foundered. Congress has been unable to reconcile competing demands to eliminate tax breaks for some corporate and individual interests and raise taxes on others.

Trump’s tax plans are likely to face months of hearings and debate in Congress, where his Republican colleagues have their own ideas on how the tax code ought to be reshaped. Some lawmakers have expressed concerns that Trump’s call for a big corporate tax cut would balloon the nearly $20 trillion in long-term debt the U.S. has accumulated if there are not corresponding measures to raise more revenue.

U.S. Treasury chief Steven Mnuchin said Monday, “The tax reform will pay for itself with economic growth” that would boost tax revenues. Mnuchin called for tax simplification as well, saying U.S. reforms ideally would let taxpayers file their annual tax returns on a “large postcard.”

The U.S. economy, the world’s largest, grew at a tepid 1.6 percent pace last year, a figure Trump is hoping to boost to 3 percent a year, which the United States has not reached since 2005.

Tax experts say the 35 percent U.S. corporate tax rate is the highest among the world’s 35 industrialized nations, although U.S. corporations rarely pay that much because they are permitted to deduct their business expenses from their revenues before paying the amount they owe.

When the 35 percent rate is added to the average state corporate tax rate, the figure reaches 38.9 percent, which ranks third in the world among 188 countries surveyed by the Washington-based Tax Foundation. The U.S. figure trails only that of the United Arab Emirates at 55 percent and the U.S. territory of Puerto Rico at 39 percent.

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Jobs, Homes at Stake in US-Canada Trade Squabble

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Canadian officials say a new tariff imposed by the Trump administration will raise the cost of new homes in the United States by $1,000 each, and shut 150,000 Americans out of home ownership. Washington’s decision also puts “thousands” of U.S. homebuilding jobs at risk, according to Canada’s ministers of natural resources and foreign affairs.

The comments follow preliminary action by the U.S. Commerce Department to impose a 20 percent tariff on $5.77 billion worth of soft wood imports from Canada to the United States. The wood is a key ingredient of family homes.

U.S. officials allege that Canada unfairly subsidizes exported wood. Subsidies could make the product cheaper, making it difficult for U.S. companies to compete on price.

Canada “strongly disagrees” with the decision to impose this “unfair and punitive” tax, says Canada’s resources minister, Jim Carr. Canada’s foreign minister, Chrystia Freeland, says Canada will take the issue to court, where the United States has lost similar cases in the past. 

U.S. Commerce Secretary Wilbur Ross says this has been “a bad week” in U.S.-Canadian trade relations, noting an additional dispute over Canadian milk exports.

While the dispute over wood tariffs might raise the cost of new homes in the United States, a report published Tuesday by the Census Bureau shows sales of newly-constructed homes jumped upward by 5.8 percent last month. If sales continue at that pace for a year, 621,000 homes would change hands. Prices also rose.

A separate report from a business group called the Conference Board showed consumer confidence declined in April. Economists at Wells Fargo say that despite the drop, consumer confidence remains near a 12-year high. Experts watch consumer confidence for clues about consumer spending, which drives 70 percent of U.S. economic activity.

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«Укренерго» продовжить електропостачання всієї Донеччини до завершення будівництва нової ЛЕП до Авдіївки – Ковальчук

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«Укренерго» не буде припиняти електропостачання непідконтрольної території Донецької області до завершення будівництва нової лінії електропередач (ЛЕП) до Авдіївки, повідомив у Facebook виконувач обов’язків голови компанії-оператора Всеволод Ковальчук.

«Що стосується Донецької області, наразі рішення про припинення притоків не прийняте, тому що лишається невирішеним питання по місту Авдіївка. Найближчим часом має завершитися будівництво підприємством «ДТЕК Високовольтні мережі» нового фрагменту лінії, яке забезпечить інше джерело живлення міста – і після цього постане питання щодо продовження постачання (електроенергії – ред.) в окремі райони Донецької області», – зазначив він.

Міністерство з питань окупованих територій повідомило сьогодні вранці про знеструмлення лінії електропередач на Луганщині із непідконтрольних територій. Через це, за їхніми даними, без електрики залишились Трьохізбенка, Калаус, Оріхово-Донецьке та Кряківка. Як зазначив Всеволод Ковальчук, станом на пів на п’яту вечора електропостачання цих міст відновлено. 

Підтверджень від представників військово-цивільної адміністрації області поки що не надходило.

Пізно ввечері 24 квітня Луганськ та інші населені пункти на неконтрольованій українським урядом частині Луганщини залишилися без електропостачання. Відключення було нетривалим, в окупованому обласному центрі світло зникло о 23:43, а з’явилося о 0:15 25 квітня, повідомляють сайти сепаратистів.

За словами Всеволода Ковальчука, донині електроенергію на непідконтрольні території Луганщини постачали із електростанції у Щасті та з Росії.

Національна енергетична компанія «Укренерго» ввечері 24 квітня повідомила, що з 25 квітня подача електроенергії на територію окремих районів Луганської області припиняється. Причиною припинення є несплата протягом тривалого часу за поставлену і спожиту на неконтрольованій території електроенергію.

 

 

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Ляшко: Мене допитували в НАБУ 4 години як свідка

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Національне антикорупційне бюро провело допит голови фракції «Радикальної партії» Олега Ляшка у справі щодо незаконного збагачення, заявив сам депутат. За його словами, допит тривав 4 години, питали «про все на світі».

«З ким я живу, де я проводжу свій час, хто така моя дружина, хто моя мама – коротше, про все на світі питали. А коли я їх намагався спитати, у чому мене таки звинувачують, жодних даних надано не було», – сказав Ляшко.

За словами депутата, справа є політично вмотивована, і якщо це виявиться, то обіцяє притягнути до відповідальності керівника спеціалізованої антикорупційної прокуратури Назара Холодницького.

У НАБУ і САП цю заяву поки що не коментували.

Спеціалізована антикорупційна прокуратура передала до Національного антикорупційного бюро справу щодо незаконного збагачення лідера Радикальної партії Олега Ляшка, повідомив 24 квітня директор НАБУ Артем Ситник.

У березні програма «Наші гроші» повідомляла, що Олег Ляшко за останній рік нібито придбав нерухомості приблизно на 20 мільйонів гривень.

24 квітня у НАБУ повідомили, що передали до САП остаточну підозру у справі голови ЦВК Михайла Охендовського.

 

 

 

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Борг Луганщини перед «Енергоринком» становить понад 5 мільярдів гривень – речник

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Прес-секретар «Луганського енергетичного об’єднання» Євген Наседкін в ефірі Радіо Свобода заявив, що борг Луганщини перед державним підприємством «Енергоринок» становить близько п’яти мільярдів гривень.

«На початку 2014 року борг «Луганського енергетичного об’єднання» перед «Енергоринком» складав близько 700 мільйонів гривень. На цей момент цей борг становить близько 5,2 мільярда гривень. Водночас саме користувачі нам винні 5,5 мільярдів, із них 5 мільярдів – це борг користувачів непідконтрольної Україні території», – зазначив Наседкін.

Також прес-секретар озвучив рівень заборгованості місцевих підприємств.

«Один мільярд боргу у Алчевського металургійного комбінату, який до останнього часу працював в українському правовому полі. 500 мільйонів гривень – у «Свердловантрациту», майже 200 мільйонів гривень – «Краснодонвугілля», – сказав Наседкін.

За його словами, наразі механізми відшкодування боргу не обговорювалися: «Жодних домовленостей немає, жодного розуміння, як повертати борг немає. Суми астрономічні, навіть не уявляю, як це буде відбуватися». 

Раніше заступник міністра з питань тимчасово окупованих територій і внутрішньо переміщених осіб Георгій Тука в ефірі ICTV повідомив, що загальний борг Донецької і Луганської областей за електроенергію становить близько 11 мільярдів гривень – 5,8 і 5,2 мільярда відповідно.

Пізно ввечері 24 квітня Луганськ та інші населені пункти на неконтрольованій українським урядом частині Луганщини залишилися без електропостачання. Відключення було нетривалим, в окупованому обласному центрі світло зникло о 23:43, а з’явилося о 0:15 25 квітня, повідомляють сайти сепаратистів.

А вночі 25 квітня угруповання «ЛНР» припинило постачання електроенергії кільком підконтрольним уряду України населеним пунктам Луганської області. Упродовж дня 25 квітня енергетики планують відновити електропостачання. 

Національна енергетична компанія «Укренерго» ввечері 24 квітня повідомила, що з 25 квітня подача електроенергії на територію окремих районів Луганської області припиняється. Причиною припинення є несплата протягом тривалого часу за поставлену і спожиту на неконтрольованій території електроенергію.

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