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Posted by Ukrap on

Латвія заборонила використання георгіївської стрічки під час публічних заходів

Сейм пояснив своє рішення, зокрема, російською агресією проти України

Posted by Ukrap on

Представництво президента у Криму засудило арешт Семедляєва

Уповноважена Верховною Радою України Людмила Денісова вказала на «безпрецедентний тиск і залякування адвокатів» у окупованому Криму.

Posted by Ukrap on

Україна знову представила свою позицію в справі про євробонди в британському суді – Мінфін

В уряді очікують, що після завершення слухання Верховний суд Великої Британії завершить роботу над підготовкою свого рішення

Posted by Worldkrap on

Germany’s Presumptive Next Leader Forecasts Improved Financial Picture

German Finance Minister and Vice Chancellor Olaf Scholz, the presumptive leader of the next government, presented an updated financial forecast Thursday indicating increased revenues for future government projects.

At a news conference in Berlin, Scholz said that despite the COVID-19 pandemic, the recent “fourth wave” of new infections and the worldwide supply chain problems, Germany’s tax revenue over the next few years would be higher than the estimates made in May.

Scholz said the new revenue forecast showed all levels of government collecting about $205 billion more in revenue through 2025 than the earlier prediction. He credited the higher-than-expected revenue to “a robust labor market.”

Scholz’s Social Democratic Party won the most seats in September’s parliamentary elections, but because it does not control more than 50% of parliament, it is in negotiations with the third- and fourth-place finishing parties, the environmentalist Greens and pro-business Free Democrats, to form a coalition government.

When asked how the power-sharing negotiations were going, Scholz said he was optimistic.

“I see very concrete things going on, and the observations I had are that a lot of things have come together. Everything still left to discuss is not so difficult that it cannot be overcome,” he said.

Scholz said this new forecast meant the next government could “work sensibly,” though he cautioned there were still financial burdens from the pandemic.

He identified investments in mitigating climate change and upgrading Germany’s public sector computer and internet infrastructure as two of his priorities.​

Some information for this report came from The Associated Press, Reuters and Agence France-Presse.

Posted by Worldkrap on

Reports: Biden and China’s Xi to Hold Virtual Summit Next Week

U.S. President Joe Biden and Chinese leader Xi Jinping are expected to hold a virtual summit next week, according to multiple news outlets, as tensions between the nuclear powers persist.

The virtual meeting was agreed to in principle in October during talks in Zurich between U.S. national security adviser Jake Sullivan and China’s most senior diplomat, Yang Jiechi.

U.S. officials said the tentative agreement to hold the summit was part of an effort to prevent the countries from spiraling toward conflict over trade, military activities and other issues.

The White House declined Thursday to comment on the meeting, Reuters reported.

White House spokesperson Karine Jean-Pierre told reporters Monday a deal “in principle” had been reached for a virtual summit “before the end of the year.”

Special climate envoy John Kerry said Wednesday the leaders would meet soon in a virtual summit and that his team is planning for it, according to CNN. 

During a regular media briefing in Beijing Wednesday, Chinese Foreign Ministry spokesman Wang Wenbin said, “The two sides are maintaining close communication regarding the specific arrangements about the heads of states meeting,” according to Bloomberg, which first reported about the possible summit on Tuesday.

Bloomberg, citing two people familiar with the issue, reported that the date of the summit was still being negotiated.

Politico reported on Wednesday that the summit had been tentatively scheduled for November 15, citing a U.S. official and a “non-administration source.”

The two leaders last spoke on September 9 and addressed economic issues, climate change and COVID-19, according to a senior U.S. official. Earlier this week, the countries announced a framework agreement at the U.N. climate conference in Scotland aimed at increasing cooperation to combat climate change.

As news of a virtual summit circulated, China’s ruling Communist Party approved a rare resolution Thursday raising Xi’s status in its history. The move is perceived by many political observers as a consolidation of his authority and the likelihood of securing an unprecedented third leadership term in 2022.

Some information in this report comes from Reuters. 

Posted by Worldkrap on

Brussels Cuts Growth Forecast as Spanish Economy Lags Behind Neighbors

The European Commission lowered its forecast for Spanish growth this year as the country’s recovery from the COVID-19 pandemic lagged behind other European nations.

The commission said Thursday it estimates that the rise of Spanish gross domestic product will be 4.6% this year and 5.5% next year, almost two points less than earlier forecasts of 6.5% this year and 7% in 2022.

Spain was the European economy hit hardest by COVID-19, and its recovery has been slower than those of its continental neighbors.

At the end of the third quarter, Italy’s GDP was 1.4% below its level at the end of 2019.

Germany has narrowed the gap to 1.1% compared with pre-pandemic levels, and France has reduced the difference to just 0.1%.

However, in Spain — the eurozone’s fourth-largest economy — GDP is 6.6% below 2019 levels.

Unemployment remains stubbornly high at 14.9%, while youth joblessness, for those under age 24, is the worst in Europe at 30.6%.

Inflation has soared to 5.5% compared to October 2020, the highest figure since 1992 when the peseta was paired with the German deutschmark. Soaring energy costs, as well as the rising cost of summer holidays, pushed up inflation, analysts said. Core inflation stood at 1.4%.

The nation’s budget deficit is expected to hit 8.4% by the end of the year, way above the European Union target of 3%, which has been relaxed until 2022.

Spain’s coalition government is staking its hopes on the arrival of EU recovery funds to revive the economy.

Under the 2022 budget, Spain plans to spend a record $46 billion of state funds on investments that analysts say will boost growth and lower the deficit to a projected 5% in 2022 and 4% in 2023.

Nadia Calviño, Spain’s economy minister, told a meeting of European finance ministers Tuesday the nation was on course to cut its deficit.

“We have adopted a prudent attitude when preparing the budgets for 2021 and also for 2022 so that, in fact, tax revenues allow us, even in a not-so-positive macroeconomic situation, to reduce the public deficit in 2022,” she said.

Macroeconomics aside, on the streets, some are still waiting for the recovery from the pandemic.

Oscar Díaz, managing director of Mundopalet, a company that makes pallets to transport goods, is a worried man. He told VOA on Thursday he had to stop half of his production lines at his company’s factory in Toledo, 55 miles south of Madrid.

The company, which employs 100 people, is struggling to find enough wood to make its products, as countries such as Brazil, China and Lithuania have raised prices from $1,382 per truckload earlier this year to $10,362.

Major economies such as the United States, China and Germany have also raised their demand for timber as their economies start to recover from the pandemic, further pushing up the prices.

“Yes, I am concerned. Some of our clients’ companies have stopped working. We have halted work on 10 of our 20 production lines. We are in danger,” Díaz told VOA from his factory.

Mundopalet is by far not alone, as Spanish companies grapple with supply chain problems, typical of other sectors, from winemakers to farmers.

To make things worse, Spain’s truck drivers plan to strike for three days the week before Christmas, the National Road Transportation Committee in Spain said Wednesday.

In the run-up to one of the busiest periods of the year, the drivers are threatening to disrupt supply chains if the Spanish government does not meet its demands, which include safer rest areas and a ban on requiring truckers to load and unload goods.

However, analysts say the health of Spain’s labor market shows the effects of the pandemic are fading.

The number of employed workers rose in the third quarter of 2021 by 359,300 workers, according to the National Statistics Institute, bringing the total to over 20 million, the first time this figure has been reached since 2008, when the global financial crisis began.

During the same summer period, the ranks of the jobless decreased by 3.59%, according to data from the institute.

Javier Díaz, an economist at IESE business school in Madrid, said Spain has suffered more from the pandemic than other European countries because of its reliance on tourism and the automotive sector, which is struggling because of a global chip shortage and lower consumer demand.

“What is important to look at is not the unemployment level but the employment. That shows the economy is not in such a bad way,” he told VOA.

Spanish inflation has gone up because of the global rise in fuel and energy prices, and a lack of demand in key sectors such as tourism and the car industry, which are still recovering from the shock of COVID-19, he said.

“Spain is not really struggling. Growth of between 6% and 4% this year is actually better than it was before the pandemic,” Díaz said. 

Posted by Ukrap on

У Лондоні почалися слухання щодо протестів в Ірані 2019 року, коли загинули понад 200 людей

У Amnesty International сподіваються, що трибунал правозахисників спонукатиме ООН до дій для притягнення винних до відповідальності

Posted by Worldkrap on

US Federal Judge Overturns Texas Ban on School Mask Mandates

A U.S. federal judge Wednesday struck down Texas Governor Greg Abbott’s ban on mandatory face masks in local schools.

Judge Lee Yeakel said Abbott’s order violated the landmark Americans with Disabilities Act of 1990, which prohibits discrimination on the basis of disability and provides accessibility to all public spaces. The judge said the order puts disabled children who are vulnerable to COVID-19 at greater risk of contracting the virus.

“The spread of COVID-19 poses an even greater risk for children with special health needs,” Yeakel said in his ruling. “Children with certain underlying conditions who contract COVID-19 are more likely to experience severe acute biological effects and to require admission to a hospital and the hospital’s intensive care unit.”

The order also prohibits the state from imposing fines or withholding funds from school districts that have imposed mask-wearing.

The order is in response to a lawsuit against Abbott’s policy filed by advocacy group Disability Rights Texas.

Texas Attorney General Ken Paxton, who has openly pressured local districts to comply with Abbott’s order, tweeted that his agency “is considering all legal avenues to challenge this decision.”

Abbott is one of several conservative Republican governors across the United States who has issued orders banning local school districts from imposing a mask mandate policy as a strategy to stop the spread of COVID-19. The issue has led to bitter clashes across the country between supporters and opponents, who argue that mandates infringe on individual liberties.

Some information for this report comes from AP and Reuters.