上海夜生活,上海夜生活网,上海夜网论坛 - Powered by April 2018

Pence delays Middle East trip in case needed for U.S. tax vote

WASHINGTON ( ) – U.S. Vice President Mike Pence will delay an upcoming Middle East trip by a few days in case a tie-breaking vote is needed from him for tax cut legislation in Congress, a senior White House official said on Thursday.

Pence will now leave some time on Tuesday on a trip that will begin with a visit to Cairo for talks with Egyptian President Abdel Fattah al-Sisi, the,上海仙霞路夜生活Quaid, official said.

He had initially planned to leave late on Saturday.

As vice president, Pence can cast a tie-breaking vote in the U.S. Senate, and with a close vote expected along party lines on the tax legislation, it was decided to keep him in the country just in case. Republican Senator John McCain, who is fighting brain cancer, was in hospital on Wednesday.

“We don’t expect his vote to be needed but we don’t want the scenario where he’s on the other side of the world and we have to come back,” the official said.

Pence is,上海晚上耍女人的地方Rachel, set to hold talks with Israeli Prime Minister Benjamin Netanyahu on Thursday in Jerusalem.

Pence’s press secretary, Alyssa Farah, said that du上海夜生活论坛ring the trip, Pence w,上海会所夜网Cain,ould reaffirm the U.S. commitment to U.S. allies in the Middle East and to working together with them in the fight against Islamist militants.

“He looks forward to having constructive conversations with both Prime Minister Netanyahu and President Sisi to reaffirm President Trump’s commitment to our partners in the region and to its future,” she said in a statement.

Palestinian President Mahmoud Abbas has refused to meet with Pence in protest of President Donald Trump’s decision to recognize Jerusalem as the capital of Israel.

OPEC oil output drops on Saudi cut, outages and sanctions

LONDON ( ) – OPEC oil supply has fallen in January by the largest amount in two years, a survey found, as Saudi ,上海晚上耍女人的地方Sabia,Arabia and its Gulf allies over-delivered on the group’s supply-cutting pact while Iran, Libya and Venezuela registered involuntary declines.

The 14-member Organization of the Petroleum Exporting Countries has pumped 30.98 million barrels per day (bpd) this month, the survey showed on Thursday, down 890,000 bpd from December and the largest month-on-month drop since January 2017.

The survey suggests OPEC is almost three quarters of the way in delivering supply cuts that started on Jan. 1 in an effort to avert a glut, even though the group’s second-largest producer Iraq and some smaller members pumped above agreed levels.

An OPEC official said he hoped more members would deliver on their pledges and that the drop in supply so far was acceptable, calling it a “good start”.

Crude oil has risen to $62 a barrel after a dip below $50 in December, boosted by the Saudi cuts, a host of involuntary curbs in other OPEC countries and the prospect of lower supply from Venezuela after U.S. President Donald Trump this week imposed sanctions on its oil industry.

OPEC, Russia and other non-members – an alliance known as OPEC+ – agreed in December to reduce supply by 1.2 million bpd from Jan. 1. OPEC’s share of the cut is 800,000 bpd, to be delivered by 11 members – all except Iran, Libya and Venezuela.

In January the 11 OPEC members bound by the supply-limiting agreement achieved 70 percent of the pledged cuts, the survey found. Further declines in Iran, Libya and Venezuela boosted the total OPEC decline to 890,000 bpd.

The latest OPEC+ deal came months after they had agreed to pump more oil, which in turn partially unwound their original supply-limiting accord that took effect in 2017.


The biggest drop in supply came from Saudi Arabia, OPEC’s biggest oil producer, which pumped 350,000 bpd less than in December, the survey showed.

Saudi supply in November had hit a record-high 11 million bpd, after Trump demanded more be pumped to curb rising prices and make up for losses from Iran. The kingdom rapidly changed course as prices slid on the prospect of oversupply in 2019.

The second- and third-biggest drops occurred in Kuwait and the United Arab Emirates, which like Saudi delivered a larger cut than required under the deal, the survey found.

Of the three OPEC members exempted from making voluntary cuts, Libyan production fell the most as unrest kept the country’s biggest oilfield, Sharara, offline for a month.

Output from Iran declined further a,上海夜玩网论坛Oakley,s U.S. sanctions discouraged companies from buying its oil. Iran has managed to maintain crude exports of as much as 1 million bpd, helped by sanctions waivers and its efforts to keep selling crude上海夜生活论坛.

Production in Venezuela, once a top-three OPEC producer but whose output has been sliding amid the country’s economic collapse, posted a further drop in January, the survey found.

The U.S. sanctions imposed on state oil firm PDVSA this week are keeping tankers stuck at ports and expected to accelerate the supply drop in February.

Among countries showing lower compliance, Iraq reduced output in January but pumped more than its target, as did Nigeria and Algeria. Gabon kept output ste,上海夜网邀请码Jackson,ady.

The survey aims to track supply to the market and is based on shipping data provided by external sources, Refinitiv Eikon flows data and information provided by sources at oil companies, OPEC and consulting firms.

Trump breaks with Bannon, says former White House aide ‘lost his mind’

WASHINGTON ( ) – U.S. President Donald Trump blasted former White House chief strategist Steve Bannon on Wednesday as having “lost his mind” in the fallout over damaging comments B,上海夜生活男人好去处Rae,annon made about Trump’s son Donald Trump Jr. in excerpts from a new book.

Trump, who had continued to speak privately with Bannon after firing him in August, essentially cut ties with his former aide at least for now in a blistering statement issued after Bannon’s comments came to light.

“Steve Bannon has nothing to do with me or my presidency. When he was fired, he not only lost his job, he lost his mind,” Trump said.

Trump had relied heavily on Bannon, chairman of the right-wing Breitbart News website, for advice in the months leading up to his upset victory in the November 2016 election.

Bannon helped Trump shape a populist, anti-establishment message and has been the president’s link to his conservative base of support. It was not clear if the split would push Bannon to be even more aggressive in his campaign against the Republican establishment and whether he would now also target Trump, or would emerge much weaker.

According to excerpts from “Fire and Fury: Inside the Trump White House” by Michael Wolff, to be released on Tuesday, Bannon described a June 2016 meeting with a group of Russians at Trump Tower in New York as “treasonous” and “unpatriotic.” The meeting was arranged by the president’s son and attended by top Trump campaign officials.

Trump has in the past praised Bannon for his friendship, but the president said in his statement on Wednesday Bannon had little to do with his election victory over Democrat Hillary Clinton, calling him “a staffer who worked for me” after he had already won the Republican nomination.

The president said Bannon was to blame for the loss of a Republican-held U.S. Senate seat in Alabama in December when Republican Roy Moore, whose campaign was derailed by accusations of sexual misconduct with teenage girls, lost to Democrat Doug Jones. Trump and Bannon backed Moore in the campaign.

“Now that he is on his own, Steve is learning that winning isn’t as easy as I make it look. Steve had very little to do with our historic victory, which was delivered by the forgotten men and women of this country. Yet Steve had everything to do with the loss of a Senate seat in Alabama held for more than thirty years by Republicans,” Trump said.


Senate Majority Leader Mitch McConnell, who had been upset over Trump’s backing of Moore at the urging of Bannon, was clearly pleased Trump was willing to rid himself of the former aide. McConnell’s campaign organization posted on Twitter an image of the normally taciturn senator with a beaming smile.

Donald Trump Jr. attacked Bannon in a tweet.

“Steve had the honor of working in the White House & serving the country. Unfortunately, he squandered that privilege & turned that opportunity into a nightmare of backstabbing, harassing, leaking, lying & undermini上海夜生活论坛ng the President. Steve is not a strategist, he is an opportunist,” he said.

Related CoverageWhite House: Former aide Bannon’s accusation against Trump Jr. is ‘ridiculous’Trump statement on former White House strategist BannonSee more stories

The president, an expert at self-promotion, said Bannon was trying to promote himself by “leaking false information to the media to make himself seem far more important than he was.”

“Steve was rarely in a one-on-one meeting with me and only pretends to have had influence to fool a few people with no access and no clue, whom he helped write phony books,” said Trump, who famously values loyalty in associates and employees.

Lawyers for the president sent a cease and desist letter to Bannon on Wednesday. They said in the letter, seen by , Bannon had breached an agreement by communicating with Wolff about Trump, his family members and the campaign and made disparaging remarks about Trump and his family.

With elections looming in November that could cost Republicans control of Congress, Trump praised Republican lawmakers and candidates, words likely to be welcomed by McConnell and House of Representatives Speaker Paul Ryan.

“Like me, they love the United States of America and are helping to finally take our country back and build it up, rather than simply seeking to burn it all down,” Trump said.


As with much in the Trump White House, the story that triggered the harsh back-and-forth was an offshoot of the investigation into whether Trump campaign aides colluded with Russia to sway the election to Trump, allegations Trump and Moscow deny.

Bannon expressed derision about the June 2016 meeting in which a Russian lawyer was said to have offered damaging information about Clinton, according to the book.

The meeting was attended by Trump’s son, his son-in-law, Jared Kushner, and then-campaign chairman Paul Manafort. Bannon was also quoted as saying he was sure Trump Jr. would have taken the Russians who took part in the meeting to meet his father in Trump Tower.

“The three senior guys in the campaign thought it was a good idea to meet with a foreign government inside Trump Tower in the conference room on the 25th floor – with no lawyers. They didn’t have any lawyers,” Bannon said in the book in excerpts seen by .

“Even if you thought that this was not treasonous, or unpatriotic, or bad shit, and I happen to think it’s all of that, you should have called the FBI immediately,” he said.

When an intermediary proposed the meeting, saying the Russians were offering damaging information about Clinton, Trump Jr. responded in an em,上海夜生活去哪玩Kailani,ail: “I love it.”

Bannon was incredulous about the meeting shortly after it was revealed, according to the book, concluding sarcastically: “That’s the brain trust they had.”

The Wolff book, parts of which were published by New York magazine, portrayed Trump as shocked that he won the election and said his wife, Melania Trump, was in tears, and “not of joy.”

White House spokeswoman Sarah Sanders called the book “trashy tabloid fiction.”

The first lady’s spokeswoman, Step,上海夜生活乌托邦Rae,hanie Grisham, said: “The book is clearly going to be sold in the bargain fiction section. Mrs. Trump supported her husband’s decision to run for President and in fact, encouraged him to do so. She was confident he would win and was very happy when he did.”

Factbox: China’s oil majors tap new discoveries as they step up…

SINGAPORE ( ) – China’s national oil companies are raising spending on domestic oil and gas drilling to the highest levels since 2016, responding to Beijing’s call to boost national energy security.

Below lists key basins and blocks where China’s state energy giants are increasing drilling activities and discoveries, mostly of natural gas, according to company reports over the past few months.


CNPC announced in late 2018 an oil discovery at Mahu in the Junggar basin which has 400 million tonnes of oil in place, one of the largest oil finds onshore China in years. Roughly 100 million tonnes will be technically recoverable.

Mahu’s annual output will top 3 million tonnes per year in three years, a big addition to the 10-million tonne per year Xinjiang field.

Calling it a breakthrough in an earlier untapped region, PetroChina Co Ltd in late 2018 struck sizeable oil and gas flows in exploration well Zhongqiu-1 in the Tarim basin.

Zhongqiu-1 tested a daily natural gas flow of 330,000 cubic meters and condensate of 21.4 cubic meters. The well is located in the southern part of Kuche trough in the Tarim basin, part of a 5,200 square-km exploration zone.


CNPC struck daily gas flows of 225,000 cubic meters at exploration well Yongtan-1, in Sichuan province’s Jianyang city, the firm said in December, part of a 350 square-km ,上海夜网邀请码Tamara,gas-rich acreage of volcanic rock layers.

Production at CNPC’s flagship shale gas play Chuannan in Southern Sichuan hit a daily record of 20.11 million cubic meters in late December, up from 12 million cubic meters in October.

Total 2018 output in Chuannan was around 4.1 billion cubic meters (bcm), 37 percent above 2017.

A total of 143 drilling rigs were deployed in 2018 to produce gas at Chuannan, more than triple year-earlier levels. CNPC is aiming to raise the annual production capacity at Chuannan to 12 bcm by 2020.


CNPC struck high volumes of gas flows at four exploration wells at Dagang, near Beijing, that could lead to a sizeable gas field called Lianhua.

The Yinggu-2 well in Dagang yielded nearly 180,000 cubic meters of gas and 234,000 cubic meters of condens上海夜生活ate a day while Ying-101×1 tapped daily flows of 74,000 cubic meters of gas and condensate of 318,000 cubic meters, CNPC said in January.


Largely a tight oil and gas play with low permeability and low per-well production, CNPC has over the last two decade,上海新夜网龙凤Macauly,s built Changqing, in north China’s Ordos basin, into the country’s largest oil and gas producing field. Output hit a record 54.61 million tonnes of oil equivalent in 2018, up 2.7 percent from 2017.

In gas development, CNPC added 2,300 new gas production wells in Yulin, Sulige and Jingbian blocks in 2018, raising output by 23 million cubic meters a day.

The increased drilling boosted Changqing’s total gas output to 38 bcm in 2018, a quarter of China’s total gas output, and compared to an earlier target of 36.8 bcm.

CNPC also stepping up drilling shallower wells at Changqing, where it struck in 2018 industrial oil flows at 184 wells and added 51.7 million tonnes of proven reserve.


A drilling unit under the Ministry of Land & Resources is conducting some early-stage drilling of shale formations in the western part of central Hubei province, which the ministry said could hold over 10 trillion cubic meters of geological reserves.


In December 2017, at exploration well Bozhong 19-6-1 in the Bohai Sea ,夜上海419龙凤论坛Eason,off north China, CNOOC tapped 348 meters of gas bearing deposit and 25 meters of oil-bearing structure, and tested daily gas flows of 6.4 million cubic feet.

Bozhong 29-6, also in the Bohai Sea, is an oil find with potentially 100 million tonnes of oil reserve in place. CNOOC completed eight appraisal wells by August 2018.

Lingshui 17-2, 150 km off China’s southernmost province of Hainan is CNOOC’s single-largest fully-owned deepwater find. CNOOC made final investment decision in March 2018 and total investment is estimated at 20 billion yuan ($2.98 billion).

The block, at an average water depth of 1,450 meters (4,750 feet), has recoverable reserves of 2.5 trillion cubic feet as estimated by analysts at Wood Mackenzie and IHS Markit.

Gloomy forecast for Davos: crises aplenty, but few world leaders

(In this January 17 story corrects attendance fee paid by Precognize CEO in last paragraph)

By Silvia Aloisi

MILAN ( ) – An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom over the ,夜上海论坛Barrett,global economic and political outlook.

Anxieties over trade disputes, fractious international relations, Brexit and a growth slowdown that some fear could tip the world economy into recession are set to dominate the Jan. 22-25 Alpine meeting.

The WEF’s own Global Risks Report set the tone this week with a stark warning of looming economic headwinds, in part because of geopolitical tensions among major powers.

Some 3,000 business, government and civil society figures are due to gather in the snow-blanketed ski resort, but among them are only three leaders of the Group of Seven most industrialized countries: Japanese Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Italian Premier Giuseppe Conte.

Donald Trump, who stole the Davos limelight last year with a rare appearance by a sitting U.S. president, pulled out of this year’s event as he grapples with a partial U.S. government shutdown.

On Thursday, the White House said Trump had also canceled his delegation’s trip to Davos because of the shutdown, now in its 27th day. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo had been expected to lead the U.S. team, according to two senior administration officials.

French President Emmanuel Macron is also skipping the meeting as he seeks to respond to the “yellow vest” protests, while British Prime Minister Theresa May battles to find a consensus on Brexit.

Outside the G7, the leaders of Russia and India are shunning Davos, while China – whose president, Xi Jinping, was the first Chinese leader to attend the elite g,上海夜生活网419Fabiana,athering in 2017 to offer a vigorous defense of free trade – is sending his deputy instead.

That will leave the likes of British Finance Minister Philip Hammond, Chinese Vice President Wang Qishan and a host of central bankers with the task of trying to reassure business chiefs.

“Davos will be dominated by a high level of anxiety about stock markets, a slowdown in growth and international politics,” said Nariman Behravesh, chief economist at IHS Markit.

“The leadership presence is lower than last year but those who are going … will be seeking to impart a sense of confidence and calm business and investors’ nerves.”


Before the U.S. cancellation, a Trump administration official had said the U.S. delegation would also discuss the importance of reforming institutions such as the World Trade Organization, the International Monetary Fund and the World Bank.

Trump has harshly criticized globalization and questioned U.S. participation in multilateral institutions such as the WTO, calling for a revamp of international trade rules.

Davos watchers said the absence of so many top leaders this year did not mean the glitzy forum had lost its status as a global stage for top politicians to present their agendas.

“Abe is going to Davos not just as Japanese prime minister but also as chair of the G20. It will be a perfect opportunity to lay the groundwork of upcoming G20 meetings,” said a Japanese government source familiar with international affairs.

“Of ,上海夜生活群Queena,course there may be inconveniences such as missing opportunities to hold bilateral meetings, but that won’t undermine the importance of Davos,” he said.

A Chinese official who has attended Davos regularly but will not go this year said China had never expected to make progress at the me上海夜生活网eting on the trade dispute with the United States. “It’s just an occasion for making a policy statement,” he said.

The low turnout among major Western leaders may also give more prominence to political personalities who may otherwise be upstaged. Davos will be the first major international outing for Brazilian President Jair Bolsonaro, elected on a wave of anti-establishment and conservative nationalism also seen elsewhere.

He said on Twitter he would present “a different Brazil, free of ideological ties and widespread corruption”.

For business chiefs, the value of Davos lies not so much in the public sessions but in the networking and dealmaking opportunities on the sidelines of the main conference.

“It’s the best place to pitch for ideas, build connections and get your brand known,” said Chen Linchevski, chief executive of Precognize, an Israel-based start-up developing software that prevents technical or quality failures at manufacturing plants.

“It’s the kind of place where in a few days you meet people you wouldn’t easily meet otherwise,” said Linchevski, who paid just under 15,000 Swiss francs ($15,135) to attend the event.

Ryanair pilot unions in ‘several countries’ suspend talks: ECA

DUBLIN ( ) – Ryanair (RYA.I) pilot unions in several countries ,上海夜生活论坛Daisy,have suspended talks with management in protest at what they see as the airline using the threat of base closures as a barg上海夜生活aining tool in labor talks, the European Cockpit Association (ECA) said on Wednesday.

The unions include those representing pilots in two of Ryanair’s biggest markets, a union source told , declining to name which markets they were.

The temporary suspension is a reaction to Ryanair’s closure of bases in the Dutch city of Eindhoven and Bremen in Germany and the reduction of capacity in the German region of Niederrhein. The European Cockpit Association in October described the move as a “de,上海夜哪里艳遇Idaleen,claration of war”.

Ryanair has also threatened to close two bases in the Canary Islands if cabin crew in Spain do not sign up to a collective labor agreement by next week, the ECA said,上海凤楼夜网Dahlia, on Wednesday.

Spanish cabin crew called off planned strikes last week after reaching a preliminary agreement on contracts.

A spokesman for Ryanair was not available for immediate comment.

Europe’s largest low-cost carrier suffered a number of strikes last year by pilots and cabin crew, grounding hundreds of flights across Europe, after it agreed to recognize unions for the first time in 2017 following rostering difficulties.

But it got through Christmas without any industrial action, having made progress with a number of unions that it expects to translate into agreements with its major unions by the end of March.

Airbus says ministers signal optimism Britain will avoid ‘no-deal…

MOBILE, Ala. ( ) – The chief executive of European planemaker Airbus said on Wednesday British ministers had expressed a “certain degree of optimism” that Britain would not leave the European Union without a transition deal.

Airbus was among companies represented on a conference call between business leaders and British ministers late on Tuesday after the government lost a vote in parliament on Prime Minister Theresa May’s plans for an exit deal.

Asked in the,上海夜生活怎么玩Pablo, United States whether businesses had received assurances that Britain would not leave the EU without a deal, Airbus Chief Executive Tom Enders said, “I would not say assurances, but I would say ministers have expressed a certain degree of optimism that a no-deal Brexit would not happen.”

Enders campaigned against Britain leaving the European Union ahead of a 2016 referendum and last week urged politicians to speed up efforts to avoid a disorderly exit.

“Anything that avoids a hard Brexit is good news for us in industry and I think we also have clear signs that Brussels would be willing to consider that, if there was a clear path forward to find a solution,” he told a news conference.

Planemaking chief Guillaume Faury, who succeeds Enders as head of Europe’s largest aerospace company in April, said Airbus had stockpiled a “couple of weeks” of extra parts to cope with any border disruption after Britain leaves the EU on March 29.

But he warned that not all sub-suppliers may have robust plans.

“We would be in un,上海夜生活群Paisley,charted territory with a level of risk that would be hard to quantify,” he told reporters.

Both executives were speaking on the s,夜上海论坛Barrett,idelines of a ceremony to expand Airbus’s U.S. operations with an assembly line for its recent上海夜生活网ly acquired A220 jet, a Canadian-developed airliner whose wings are made at a factory in Northern Ireland.

U.S. probing if ‘viral’ attack sickened diplomats in Cuba: official

WASHINGTON/HAVANA ( ) – U.S. investigators are looking at a range of theories, including the possibility of a “viral” attack, to explain what may have sickened some American diplomats who were stationed in Havana, the State Department said on Tuesday.

U.S. experts have yet to determine who or what was behind the mysterious illnesses that began occurring in late 2016 and heightened tensions between the old Cold War foes. They have seen no evidence it was “an episode of mass hysteria” among the 24 affected U.S. personnel and family members, a senior State Department medical officer told a Senate hearing.

State Department officials testified that it was “incomprehensible” Cuba’s Communist government would not have been aware of what happened or who was responsible, though they stopped short of assigning direct blame to Havana.

Cuban officials, who are conducting their own investigation, have denied any involvement or any knowledge of what was behind it. Cuba’s Foreign Ministry chief for U.S. Affairs Josefina Vidal sharply criticized the United States late on Tuesday for talking of “attacks” when they had no evidence of that.

“The first victim of today’s hearing was the truth,” she told a news conference in Havana, adding that Cuba rejected the U.S. politicization of the matter.

The administration of President Donald Trump, which has partly rolled back a detente with Cuba, responded last year by sharply drawing down U.S. embassy staff in Havana and in October expelled 15 Cuban diplomats.

Todd Brown, diplomatic security assistant director at the State Department, said that as well as the possibility of an acoustic or sonic attack, U.S investigators were considering whether people might have been deliberately exposed to a virus. But he offered no details or evidence.

“I do know other type of attacks are being considered in a connection with this,” he said. “There’s viral, there is ultrasound, there’s ,上海夜生活论坛Octavia,a range of things that the technical experts are looking at.”

Some experts have argued that an acoustic attack seems implausible, given that it likely would have caused an extremely loud noise in the area, which ,上海021夜网Caden,was not the case.

Cuban officials have dismissed as “science fiction” the notion that some kind of sonic weapon was used.

Lawmakers also asked whether rogue elements of the Cuban government or security services or a third party such as Russia might have been involved. The State Department officials said they could not address or speculate on such matters in a public hearing.


Symptoms suffered by the diplomats have included hearing loss, tinnitus, vertigo, headaches and fatigue, a pattern consistent with “mild traumatic brain injury,” said Charles Rosenfarb, director of the State Department’s Bureau of Medica上海夜生活网l Services.

A U.S. official told the government will not send staff back to the U.S. Embassy in Havana yet. The United States pulled out more than half of its personnel there in September.

“I don’t think we can say categorically that we can guarantee that they would be safe from this (if staffers return),” Brown told the hearing, chaired by Republican Senator Marco Rubio, a Cuban-American and strong critic of Cuba.

Francisco Palmieri, acting assistant secretary of state for Western Hemisphere Affairs, said Cuba was responsible for the security of U.S. diplomats on the island “and they have failed to live up to that responsibility.”

Asked whether it was possible that the Cuban government would have been unaware of any attacks, he said: “I find it very difficult to believe that. Cuba is a security state, the Cuban government in general has a very tight lid on anything and everything that happens in that country.”

Senator Robert Menendez, a Cuban-American and ranking Democrat on the Western Hemisphere subcommittee, said Cuba had failed to meet its international obligations but also that the State Department response had been “inadequate and troubling.”

Related CoverageTillerson to order new probe of Havana embassy health “attacks”

Secretary of State Rex Tillerson will open a new high-level investigation into the matter, convening an accountability review board, Palmieri said. It will be in addition to other U.S. probes, including one by the Federal Bureau of Investigation.

Canada has said several Canadians reported symptoms similar to the U.S. diplomats but it has not publicly ordered any evacuation of embassy staff in Havana.

After decades of hostility between the United States and Cuba, the U.S. Embassy reopened in 2015 as part of moves by former President Barack Obama and his Cuban counterpart, Raul Castro, to mend ties. Rela,上海夜网官方网站Queena,tions have been strained since Trump took office, saying Obama made too many concessions and reversing parts of the rapprochement.

Tillerson seeks to reassure worried Europe over Trump

BRUSSELS ( ) – U.S. Secretary of State Rex Tillerson delivered a message of support to European allies in Brussels on Tuesday but their concerns about President Donald Trump’s foreign policy have created a rift on a host of issues.

European allies are troubled by Trump’s “America first” rhetoric, his decision not to certify Iran’s compliance with a nuclear deal, his withdrawal from the Paris climate accord and now plans to move the U.S. embassy in Israel to Jerusalem.

Tillerson told Europe’s foreign ministers at the Europea,上海夜生活男人好去处Earl,n Union and NATO that the U.S. government remains committed to transatlantic ties that Trump has previously questioned.

Tillerson also sought to reassure U.S. diplomats posted abroad that his ideas to revamp the country’s foreign service were bearing fruit, saying he would reveal a modernization plan for the U.S. State Department soon.

Tillerson, the former chief executive of Exxon Mobil, said his visit showed “the strong commitment the U.S. has to the European alliance, the important role that the European alliance plays in our shared security objectives.”

Before a lunch with EU foreign ministers, Tillerson stressed “shared values, shared objectives for security and prosperity on both sides of the Atlantic.”

Trump visited the U.S.-led NATO alliance in May to admonish European leaders on their low defense spending. During his visit on Tuesday, Tillerson offered a more generous appraisal and gave an “unwavering” U.S. commitment to NATO’s mutual defense clause, which considers an attack on one ally as an attack on all.

Tillerson ignored questions from reporters about whether he would be ousted from the White House, while his senior adviser R.C. Hammond said no EU or NATO foreign ministers raised the issue of whether Tillerson’s job w,夜上海419龙凤论坛Fabi,as secure.

In his first substantive public comments since reports last week of a White House plan for CIA Director Mike Pompeo to replace him, Tillerson said despite “a little criticism”, he was on top of his job.

“While we don’t have any wins on the board yet, I can tell you we’re in a much better position to advance America’s interests around the world than we were 10 months ago,” he told senior U.S. diplomats and U.S. embassy staff at the U.S. mission to Belgium in Brussels.

Related CoverageIn Brussels, Tillerson offers EU strong U.S. supportEU warns Trump against,上海夜生活网交流Gabriella, recognizing Jerusalem as Israeli capital

Tillerson’s trip will also take him to Vienna and Paris.

While Trump said last week he was not leaving and Tillerson said the reports were untrue,, Trump has also said he alone determines U.S. foreign policy, saying in a tweet on Friday: “I call the final shots.”

Tillerson told U.S. diplomats gathered at the embassy in Belgium that it had been “a bit of a shock” to meet Trump for the first time when he was approached as a possible secretary of state late last year.


Diplomats said EU governments face a dilemma because Tillerson’s views are more closely aligned with theirs but may not reflect those of Trump.

Foreign ministers had been open about sharing disagreements with the United States on various issues, Hammond said. One EU diplomat said it was “fairly predictable” given tensions on issues, including Trump’s handling of the North Korea nuclear crisis and his threat to “totally destroy” the secretive country.

“Allies have been very frank today in sharing some of their views,” Hammond said, although he said it was important to be honest, adding that: “dialogues only work if they go two ways.”

In a speech in Berlin before flying to Brussels, German Foreign Minister Sigmar Gabriel warned that the European Union could no longer rely on the United States as its closest ally.

“The withdrawal of the Unit上海夜生活网ed States under Donald Trump from its reliable role as a guarantor of Western-led multilateralism accelerates a change of the world order with immediate consequences for German and European interests,” Gabriel said.

Standing next to Tillerson on the podium at the EU headquarters in Brussels, EU foreign policy chief Federica Mogherini also warned the Trump administration about a possible plan to the U.S. embassy in Israel to Jerusalem.

Trump is considering recognizing Jerusalem as the capital of Israel, which Gabriel also said could unleash turmoil.

“A lot of member states, including us, are concerned that the recognition of Jerusalem as the capital of Israel will not calm the conflict but rather inflame it,” Gabriel said at NATO after the EU ministers’ lunch with Tillerson.

The European Union, as the Palestinians’ biggest aid donor and Israel’s top trade partner, says it has a right to make its voice heard in any U.S. initiatives in the Middle East.

U.S. airlines tap army helicopter pilots to ease shortage

CHICAGO ( ) – U.S. Army pilot Shaun Perez spent ten hours flying an Apache helicopter over Afghanistan, providing gun cover for Special Forces soldiers on the ground as they hunted for high-value targets, guns and weapons.

Returning to his base at dawn, he donned a fresh uniform before shutting himself into a small room to secure the next stage of his career – as a commercial airline pilot.

He would win the job in a video interview that day in August 2017, joining hundreds of other U.S. military helicopter pilots who have taken attractive offers from domestic airlines trying ease a global pilot shortage.

Perez took advantage of one of the tightest labor markets in the United States, created by years of slow hiring, a wave of pending retirements at major U.S. airlines, and Federal Aviation Administration,上海晚上耍女人的地方Hadley, rules that in 2013 increased the number of required training hours from 250 to 1,500.

The industry’s aggressive recruitment of military helicopter pilots is one of the most striking examples yet of the contortions required to quickly train new commercial aviators since the FAA increased the minimum flying requirement. The pilot shortage threatens the industry’s growth just as travel demand booms.

Airlines have been forced to more than double starting salaries to $54,000, excluding bonuses, in 2018 from $21,000 a decade ago, according to aviation consultant Kit Darby.

Perez, 38, now flies under the banner of United Express, the regional branch of United Airlines, at a strong starting salary with his training costs covered.

Ten U.S. regional carriers are offering helicopter pilots like Perez up to $50,000 to pay for commercial airplane training, and in some cases additional signing bonuses, according to a survey by .

“This is the first time that the industry is committing direct funds, basically a subsidy, to get that training quickly,” said Bryan Simmons, president of Coast Flight Training, which pioneered the so-called rotor transition program for helicopter pilots with American Airlines Group Inc’s regional subsidiary, Envoy, in San Diego.

Perez was offered $38,000 by Trans State Airlines for training that cost him $20,000. He got to keep the difference, and within months of leaving Afghanistan, was flying a 50-seater regional passenger jet.

He said he is taking home about $3,200 a month with the prospect of earning far more once he moves up to a large U.S. carrier.

“Even if you had to pay $100,000 for training, you’re going into ,上海夜网推油Hal,a field where you know you’re going to make that money back and more,” Perez said.

Regional airlines’ helicopter transition programs offer flow-through agreements with mainline carriers, providing new pilots an interview – and in some cases, a job – with a major within a few years.

To fly a multi-engine passenger jet – which can travel about five times faster than helicopters and has more complex control panels – helicopter veterans need to complete fixed-wing FAA ratings and required flight time.

The transition feels natural to Perez.

“We took multiple ground fire; we had hard missions,” he said. “But once we step into that (airline) cockpit, we’re humble and we work hard.”


A key reason airlines are chasing military pilots is because the new FAA training rules only require them to have 750 hours of additional training, half the 1,500 required of civilians seeking a commercial pilot license.

Military helicopter pilots from the military only need additional training in flying fixed-wing aircraft, which takes about 90 days. For civilians, obtaining a commercial pilot license can take years and cost more than $100,000.

“We’ve stumbled upon the quickest solution to the pilot shortage,” said Erik Sabiston, an Army veteran turned commercial pilot who founded Rotary to Airline Group in Dec. 2017 to help helicopter, or rotor, pilots make the transition to passenger jets. The not-for-profit group, with more than 7,000 pilots and mechanics, also assists airlines in designing rotor transition programs.

American Airlines’ regional carrier Envoy said more than a quarter of its 701 new pilots in 2018 came from military helicopters, compared with 11 percent in 2017 and 5 percent in 2016. It plans to hire 626 pilots in 2019, with about a quarter of those expected to come through its rotor program.

“It’s an untapped pool of pilots that hadn’t been brought to anyone’s attention before,” Envoy pilot recruiter Megan Liotta said.

Former military helicopter pilots generally adapt quickly to the differences in a jet’s speed and controls and have a higher success rate in landing jobs than other aspiring aviators, recruiters said.

“They come from an environment that has trained them to think on their feet and be very adaptable,” said David Tatum, director of pilot recruitment for American.

For former military pilots, the surge in interest from airlines helps replace the shrinking number of jobs flying helicopters to offshore oil rigs.

A Envoy pilot hired today makes about $60,000 or more in their first year as a first officer. They can expect to upgrade to captain, at a higher pay scale, within two years before moving on to No. 1 U.S. carrier American within six years, the company said. Top-end salaries at American surpass $300,000.


As regional airlines pay more to attract and retain pilots, their services are becoming more expensive for major national airlines that have increasingly used the regionals for domestic routes to cut costs.Under those contracts, called capacity purchase agreements, labor costs are factored into the prices that,上海夜生活网交流Fabiana, the mainline carriers pay the regionals for their service.

VideoDiversity bottom line drive push for female pilotsWhat airlines are doing to recruit more women pilot

“Their cost saving method is losing a bit of steam,” said Andrew Watterson, chief revenue officer for Southwest Airlines Co, which does not partner with regional carriers.

Aviation consultant Samuel Engel said a 50 percent increase in pilot costs at the regional carriers would amount to a 7.7 percent increase in overall costs per seat-mile on a 70-seater, erasing some of the cost advantage of regional aircraft on a per-seat-mile basis.

So far, airlines have succeeded in passi上海夜生活ng on rising costs to passengers, often through extra charges for luggage or preferred seating. But analysts have questioned their ability to continue raising fees.

Boeing Co estimates a need for 790,000 new pilots in the commercial aviation, business aviation, and civil helicopter industries over the next two decades.

“The problem is,” Darby said, “we’re still not creating enough pilots … to meet the need.”

Trump administration issues new rules on U.S. visa waivers

WASHINGTON ( ) – The Trump administration put new requirements in place on Friday for the 38 countries participating in the U.S. Visa Waiver Program, including that they use U.S. counterterrorism data to screen travelers, officials said.

The program allows citizens of mainly European countries to travel to the United States for up ,上海新夜网龙凤Gabrielle,to 90 days without a visa. Citizens from the 38 countries are required to obtain a so-called travel authorization to enter the United States.

President Donald Trump has sought to tighten the rules for those seeking to visit or live in the United States in several ways,上海夜生活 saying restrictions are necessary for security reasons.

The changes will apply to all countries in the program. One change is that they will be required to use U.S. information to screen travelers crossing their borders from third countries. Many countries in the program already do that, one administration official said.

Countries whose citizens stay longer than authorized during visits to the United States at a relatively higher rate will be required to conduct public awareness campaigns o,夜上海论坛Ida,n the consequences of overstays, the officials said. One existing penalty is that people who overstay a visit may not travel visa-free to the United States in the future.

The threshold for the overstay rate triggering the public information campaign requirement is two percent, the officials said. In the 2016 fiscal year, of the VWP countries, Greece, Hungary, Portugal, and San Marino, a wealthy enclave landlocked inside central Italy, had total overstay rates higher than two percent, according to a report by the Department of Homeland Security.

The overall overstay rate for VWP countries is 0.68 percent, lower than non-VWP countries excluding Canada and Mexico, which is at 2.07 percent, according to the DHS report.

Members of Congress have expressed concern about the security risks of overstays. A May 2017 report by the DHS inspector general found the department lacked a comprehensive system to gather information on departing visitors, forcing it to rely on third-party data to confirm departures, which is sometimes faulty.

The United States will also start assessing VWP countries on their safeguards against “insider threats” at their airports, especially those with direct flights to the United States, officials said.

The goal is to ensure countries “make sure that airport emp,上海夜生活网交流Gabriel,loyees, aviation workers et cetera, aren’t corrupted or are co-opted to pose a threat to aircraft, especially those that are U.S.-bound,” an official said.

Activist Elliott has doubts about Thyssenkrupp split: source

FRANKFURT ( ) – Ac,上海021夜网Tabitha,tivist fund E,上海夜生活男人好去处Tamara,lliott raised doubts about Thyssenkrupp’s plan to split in two in a ,上海夜生活Balthazar,letter to the conglomerate’s chief executive last month, a person familiar with the matter told .

The remarks add to scepticism expressed by other shareholders about the German group’s plan – announced in September – to spin off its capital goods businesses.

Shares in the group have fallen by 32 percent since.

“We have our doubts whether the proposal has the desired positive effects,” Elliott said in the Dec. 10-dated letter, the person said, marking the first comments by the activist investor since the transaction was made public.

Shares in Thyssenkrupp extended losses after the remarks were published by to trade 1.7 percent lower.

Elliott was not immediately available for comment. A spokesman for Thyssenkrupp declined to comment.

The letter, whose existence was first reported by Germany’s Manager Magazin, was written in response to remarks by Thyssenkrupp’s boss Guido Kerkhoff, who in November said he had not heard from Elliott since July, the source said.

Elliott in May said it ha上海夜生活网d taken a stake of less than 3 percent in Thyssenkrupp, a move that was followed by the resignation of both the company’s chief executive and chairman, two profit warnings as well as the break-up plan.

Kerkhoff is counting on full support of the plan by the group’s supervisory board, including members from its two largest shareholders, but smaller investors have started to question the move to split up.

Critics fear a global economic downturn would hit the businesses Thyssenkrupp plans to hive off, and are also concerned the European Union will seek big concessions to approve a planned steel joint venture with Tata Steel.

“We maintain our conglomerate discount at 10 percent due to ongoing investigations regarding the … JV and increased risks due to lower profitability,” HSBC wrote on Thursday, keeping a “hold” rating on the stock.

The steel tie-up faces increased scrutiny by the European Commission, which has expressed concerns about the combined entity’s position in packaging and automotive steel and pushed back a deadline to rule on the deal to late April.

Should the break-up plans collapse, investors are expected to focus on restructuring Thyssenkrupp’s elevator unit – its most profitable business – again, be it via a sale, partial listing or a joint venture with a rival, most likely Finland’s Kone.

Written by shyw on April 15, 2018 Categories: zowywagu Tags: , ,

House Republicans mull length of spending bill as vote looms

WASHINGTON ( ) – Republicans in the U.S. House of Representatives were in discussions on Tuesday about how long to fund the federal government in a short-term spending measure expected to come to a vote as early as Wednesday.

“I feel like we’re going to have a majority… for passing the CR (spending measure) we have this week,” House Speaker Paul Ryan told reporters after a closed-door meeting with fellow House Republican members.

“We’re having a good conversation with our members about timing and date … and all the rest,” he added.

The conservative House Freedom Caucus, which has enough members to block legislation, has pressed Republican leaders to consider a spending measure that expires on Dec. 30, eight days later than the Dec. 22 deadline that House and Senate Republicans have been discussing up,上海夜玩网论坛Hadley, to now.

Ryan said the end date of the measure, known officially as a continuing resolution, or CR, would become known when it reaches the House floor.

But House Rules Committee Chairman Pete Sessions told reporters his panel would consider a continuing resolution that expires on Dec. 22. The committee later rescheduled its hearing on the legislation for 3 p.m. (2000 GMT) on Wednesday.

Several other House Republicans, however, said me,上海021夜网Gabriel,mbers were still debating whether the funding would expire on Dec. 22 or on Dec. 30, after the Dec. 25 Christmas holiday.

“It’s still being negotiated,” said Representative Greg Walden.

A Senate Republican leadership aide sidestepped a question on what Senate leaders thought about the CR date. “If the House makes any changes t上海夜生活o their bill, I’m sure they wi,上海仙霞路夜生活Kai,ll let everyone know,” the aide said.

Republicans join push to lift secrecy around misconduct in Congress

WASHINGTON ( ) – Prominent Republican senators on Thursday embraced a push to overhaul rules for addressing sexual harassment in the U.S. Congress, signing on to a bill that would protect victims and require lawmakers to pay for their own settlements.

The legislation builds on demands to lift the veil of secrecy around sexual harassment and misconduct on Capitol Hill, and has gained steam in recent months as a wave of women have come forward with accusations against prominent American men in politics, media and entertainment.

The bipartisan push signaled momentum in the Republican-led U.S. Congress for overhauling a process for handling misconduct allegations that many lawmakers say is antiquated and stacked against victims.

The Senate bill, called the Congressional Harassment Reform Act, draws from proposals that Senator Kirsten Gillibrand and Representative Jackie Speier, both Democrats, have been developing.

“Congress is really behind the eight-ball. I think that, in many respects, the private sector has acted more swiftly than we have in terms of addressing sexual harassment,” Speier said in an interview.

High-profile Republican senators co-sponsoring the bill include John Cornyn, the Senate’s No. 2 Republican; Ted Cruz; Jo上海夜生活ni Ernst and Lisa Murkowski.

The legislation would require any member of Congress found liable for harassment to pay settlements themselves, rather than with taxpayer funds, as the current process allows.

“Congress is not above the laws, and secret settlements with taxpayer money to cover up harassment should no longer be tolerated,” Cruz said in a statement.


Settlements would be made public automatically unless victims choose to keep them private.


Outrage over sexual misconduct in politics helped to fuel an upset victory by Democrat Doug Jones in the U.S. Senate race in deeply conservative Alabama on Tuesday.

Voters rejected the Republican candidate in the race, Roy Moore, who had been accused by multiple women of pursuing them when they were teenagers and he was in his 30s, including one woman who said he tried to initiate sexual contact with her when she was 14.

Moore denied the allegations but many prominent Republicans distanced themselves from Moore, although President Donald Trump backed him.

In Washington, allegations of sexual misconduct prompted the resignations last week of three lawmakers – Democratic Senator Al Franken, Democratic Representative John Conyers and Republican Representative Trent Franks.

On Tuesday, Republican Representative Blake Farenthold said he would not seek re-election in November. Politico reported that the congressional Office of Compliance had paid $84,000 from a public fund on behalf of Farenthold to settle a sexual harassment claim in 2015.

has been unable to verify th,上海夜网邀请码Dallas,e allegations against Farenthold, who has said that the charges were false and has denied wrongdoing.


The 1995 law governing the process for complaints in Congress – created in the wake of a harassment scandal – has been criticized as ineffective.

The lengthy and cumbersome process requires victims to go through mandatory mediation and requires complete secrecy.

“It created a protective blanket around the harasser and left the victim out in the cold,” Speier said.

Speier, who has worked on the issue since 2014, came forward in October with her own story of unwanted sexual contact from the chief of staff for the lawmaker she worked for as a congressional aide.

“He kissed me and stuck his tongue in my mouth,” said Speier, who has become a resource from women seeking advice on how to handle similar situations. “When it happened to me, it disgusted me. I kind of recoiled.”

Speier’s proposals for reforms have attracted support from more than 100 members, including 19 Republicans.

A group of conservative Republicans have championed a separate bill focused on banning the use of taxpayer dollars for settlements, and requiring past settlements to be disclosed and reimbursed.

“What we do agree is that taxpayers should not be on the hook for misbehavior and for those settlements that are made,” said Marsha Blackburn, a Republican representative who has advocated for the proposal.

“We need to use t,上海夜生活乌托邦Octava,hat to make certain that workplaces are respectful,” Blackburn said in an interview.

A House committee is reviewing reforms with an eye to making recommendations in coming weeks.

“I think that what we are doing is taking the best of all the ideas out there and putting them into one package,” a senior House Republican aide said.

Apple to patch privacy bug in video-calling feature

( ) – Apple Inc said on Monday it will issue a software patch later this week for a bug that lets iPhone users hear audio from users who have not yet accepted a video call.

The bug, which was able to replicate, allows an iPhone user placing a call using Apple’s FaceTime video-c上海夜生活论坛allin,夜上海419龙凤论坛Macey,g feature to hear audio from the recipient’s phone even if the recipient has not yet picked up the call. The bug appears to rely on Apple’s group video-calling feature.

In certain situations, the bug also broadcast both video and audio from the recipient’s phone, the technology news website the Verge noted. bit.ly/2Sg1klu

“We’re aware of this issue and have identified a fix that will be released in a software update later this week,” an Apple spo,上海夜哪里艳遇Talon,kesperson said.

Apple’s group FaceTime was temporarily made unavailable due to an ongoing issue, according to Apple’s system status webpage. apple.co/2Sars1k

The Cupertino, California-based company was not immediately available to comment on the update on its system status page.

Users took to,上海夜生活怎么玩Earl, Twitter to tweet jokes and comments about the bug affecting Apple’s group FaceTime service.

“Disable FaceTime for now until Apple fixes,” Twitter Inc CEO Jack Dorsey tweeted.

Apple announced the feature last summer, but then removed it from early test versions of its iOS 12 operating system. The company launched the feature in October.

Facebook keeps attracting digital ads, shares jump after hours

( ) – Facebook Inc reported better-than-expected profit on Wednesday, showing that digital advertisers were still flocking to spend money on the service in order to reach customers even after a series of high profile embarrassments for the world’s largest online social media network.

Investors have w,上海夜生活Dallas,orried that Facebook’s pledge to invest heavily to improve its privacy and security standards would blunt the company’s growth, but its fourth-quarter results appeared to soothe those concerns, sending its stock price up more than 11 percent after hours.

“The worst is over for this social media giant,” said Haris Anwar, an analyst at Investing.com: “Its ad business and user engagement haven’t been affected despite all the negative blows of the past year.”

The company has struggled with scandals over improperly shared customer data and propaganda on its service that tarnished its image and made it the target of political scrutiny across the globe last year.

That has not significantly harmed advertising, where Facebook makes the vast majority of its revenue. Although ad prices have fallen, Facebook has been showing more ads, particularly on its Instagram app, as it finds users crave daily visual updates from friends, family and celebrities enough to sift past commercials and photo ads every few seconds.

The number of ad impressions across Facebook’s system accelerated each quarter last year compared to the prior year’s quarters, as Facebook moved more aggressively in generating revenue from Instagram after its initial caution on using that strategy, for fear of turning off users.

Total fourth-quarter revenue rose 30 percent to $16.9 billion from $12.97 billion, its slowest quarterly revenue growth in more than six years as a public company. It was, however, above analysts’ average estimate of $16.4 billion.

Net income rose to $6.88 billion, or $2.38 per share, up from $4.27 billion, or $1.44 per share, a year earlier. Analysts on average had expected earnings of $2.19 per share, according to IBES data from Refinitiv.

GRAPHIC-Facebook revenue: tmsnrt.rs/2HI8IC9

“These numbers are actually some of the most reassuring in its short history,” said George Salmon, an analyst at Hargreaves Lansdown.

“Not only are login trends in Europe improving after a stagnant couple of quarters, the group has beaten expectations on revenue and profit. These results will go a long way towards regaining the trust of Wall Street.”

Facebook shares rose more than 11 percent to $168.20 after the bell. They closed up 4.3 percent in regular trading.


Facebook managed to increase sales despite a 2 percent drop in the average price per ad in the fourth quarter compared to a year ago, as its ad views came from less lucrative areas such as Instagram’s Stories feature and developing markets.

It was the first price decline since the final quarter of 2012, when Facebook lowered prices to stoke demand in emerging markets, but the company appeared to make up for the drop in overall sales volume.

Executives said on a conference call after reporting earnings that they would focus this ,上海夜生活网交流Tallulah,year on finding new ways to push ads.

“People are creating more Stories and sending more messages, which means these are emerging areas of opportunity for marketers,” said Chief Operating Officer Sheryl Sandberg.

The higher sales figures helped offset total expenses, which surged in the fourth quarter to $9.1 billion, up 62 percent c上海夜生活论坛ompared with a year ago. The operating margin fell to 46 percent in the fourth quarter from 57 percent a year ago.

Facebook’s shares have lost a third of their value sinc,上海夜生活桑拿会所Naia,e July, when it first warned about slowing growth in revenue and operating margin. Despite Wednesday’s bump, its share price remains near its lowest point in two years.

Facebook said on its conference call that total revenue growth rate this quarter would decelerate by mid-single digits, excluding currency fluctuations, compared to the fourth quarter, and continue to slow throughout the year.

It said it continued to expect 2019 total expenses to grow about 40 percent to 50 percent compared with 2018.

GRAPHIC-Facebook costs: tmsnrt.rs/2HD7isF

Despite its privacy issues, Facebook managed to gain some new users, particularly in India, Indonesia and the Philippines. Facebook said more than 2.7 billion users interact with at least one of its apps each month, up from 2.6 billion last quarter.

Monthly and daily users of the main Facebook app compared to last quarter were up 2.2 percent to 2.32 billion and 2.0 percent to 1.52 billion, respectively.

Estimates were for 2.3 billion monthly users and 1.5 billion daily users, according to Refinitiv averages.

Facebook shares continue to trade at a discount to peers. Shares entering Wednesday of No. 1 online ad seller Alphabet Inc, for instance, were priced at 22.4 times expected earnings over the next 12 months, compared to 19.3 times for Facebook.

Factbox: What Republicans mean when they talk about U.S. welfare…

WASHINGTON ( ) – Congressional Republicans are pushing forward with proposals to modify the U.S. social safety net, despite warnings of political risk ahead of congressional elections in November.

There are roughly 80 welfare programs. Here are the largest ones and the ones that Republicans may target.


Federal and state governments jointly fund Medicaid. The health insurance program for low-income, disabled, elderly and other individuals is administered by the states.

About 68 million people – about one in five Americans – are insured by Medicaid. The program costs about $553 billion in 2016. It is open-ended, meaning its cost can fluctuate if more individuals qualify for Medicaid coverage.

As a candidate, Republican President Donald Trump promised not to cut spending for Medicaid, the Medicare health insurance program for the elderly, or the Social Security retirement program. But a White House budget blueprint released in May proposed slashing more than $600 billion from Medicaid’s budget over a decade.


The Children’s Health Insurance Program (CHIP) offers health insurance for 8.9 million children in lower-income families. It is run jointly by the federal and state governments.

Congress allowed CHIP funding to expire at the end of Sep上海夜生活网tember 2017. States warned that they could be forced to shut down their programs or freeze enrollment.

Under a deal to keep the government open through Jan. 19, Congress approved $3 billion for in CHIP funding through March, when it will need another congressional reauthorization.


The Temporary Assistance for Needy Families program (TANF) provides federal block grants to states for programs to help needy families. TANF grants in 2017 aided 1.1 million families. The program has an annual bu,上海夜哪里艳遇Mabel,dget of about $16.5 billion, which Trump proposed trimming by 10 percent in his May blueprint.


The Earned Income Tax Credit (EITC) is a refundable tax credit for low- and moderate-income taxpayers, particularly those with children. Roughly 28 million taxpayers claimed it in 2015. Republican tax legislation approved in December left the EITC largely unchanged.


The Child Tax Credit is a partially refundable tax credit for taxpayers with children, which is phased out at higher income levels. The Republican tax legislation increased the credit to $2,000 from $1,000, setting the refundable portion at $1,400 for those with earned income of $2,500 or more.

The bill made the credit available to higher-income families. The credit now phases out as income surpasses $400,000 for married couples filing joint tax returns. Children must have a Social Security number for their parents to claim the credit.


The Supplemental Nutrition Assistance Program (SNAP) is better known as food stamps. It helped nearly 44 million Americans in 2016, with an annual budget of about $71 billion.

Trump’s budget proposed cutting more than $192 billion from SNAP over a decade. The Agriculture Department said recently it will give states greater control over SNAP, potentially opening the door to drug testing or stricter work requirements.


The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) provides federal block grants to states for supplemental nutrition and nutrition education for infants, young children and pregnant and post-partum women. More tha,上海夜网后花园Quay,n half of all U.S.-born infants get WIC benefits.

WIC provided about $6.5 billion in assistance in the 2017 fiscal year. About 7.7 million individuals received WIC benefits per month in 2016. Trump proposed cutting $200 million from WIC’s 2018 budget. House Republicans suggested a similar figure.


Social Security Disability Insurance (SSDI) provides income benefits to disabled people unable to work who have paid past payroll taxes, which fund the program. SSDI benefits can be temporary or permanent. They are based on past earnings and do not run out so long as the person is disabled and cannot work.

About $143 billion in SSDI benefits were paid in 2016 to 10.2 million people. Trump’s budget proposed reducing the time frame for which recipients can obtain retroactive benefits and cutting $64 billion from the program over the next decade.


Supplemental Security Income (SSI) provides need-based assistance to disabled or elderly people with little income and few assets, including severely disabled children.

Like SSDI, ,上海夜玩网论坛Qirin,it is administered by the Social Security Administration. Unlike SSDI, it is not paid for with Social Security payroll taxes, but from general Treasury dollars. SSI will pay an estimated $51.6 billion in benefits to more than 8 million people in the 2018 fiscal year.

Trump and House Republicans have proposed reducing disabled children’s SSI benefits on a sliding scale if another member of their family also receives SSI.

J.P. Morgan sees Fed leaving $1 trillion in bank reserves

NEW YORK ( ) – J.P. Morgan on Wednesday raised its estimate on the amount of excess reserves that the U.S. Federal Reserve would leave in the U.S. banking system to $1 trillion, double what it had previously projected.

The latest estimate suggested the U.S. central bank would end the normalization of its balance sheet, at about $3.5 trillion, in the early second quarter of 2020, J.P. Morgan economist Michael Feroli wrote in a research note.

Concerns about rising borrowing costs for banks have stoked speculation whether the Fed would halt the shrinkage of its balance sheet, which is primarily made up of Treasuries and mortgage bond, sooner than previously thought.(GRAPHIC-Bank excess reserves held at the Fed: tmsnrt.rs/2BiDDzx)

“For many years we have argued that it would be optimal for the Fed to supply an abundance of reserves to the banking system,” Feroli said.

The central bank began paring its bond holdings in the fourth quarter of 2017 as a part of its plan to move from emergency stimulus it implemented to combat the global financial crisis and the ensuring recession a decade ago.

In the wake of post-crisis regulations for U.S. banks to hold more reserves, Feroli said more reserves are likely requi,上海夜生活男人好去处Nala,,上海夜生活Macauly,red in the banking system,上海夜生活论坛Nala, for “the new normal.”(GRAPHIC-U.S. Federal Reserve balance sheet : tmsnrt.rs/2ewcgXW)

A $1 trillion in excess reserves “seems like a reasonable stopping point for balance sheet normalization,” Feroli wrote.

Feroli said he expects the Fed would si上海夜生活论坛gnal adjustments on its balance sheet normalization by the summer.

Written by shyw on April 10, 2018 Categories: koalttsm Tags: , ,

U.S. launches effort to reduce reliance on imports or critical…

WASHINGTON ( ) – U.S. Interior Secretary Ryan Zinke on Thursday launched an effort to reduce U.S. dependence on foreign supplies of critical minerals used in smartphones, computers and military equipment, which he said poses a national security and econo,上海夜生活去哪玩Nadia,mic risk.

Under a directive from President Donald Trump, Zinke will work with Defense Secretary Jim Mattis to publish in 60 days a list of non-fuel minerals that are vulnerable to supply chain disruptions and necessary for manufacturing and will develop a strategy to lessen U.S. dependence on foreign suppliers.

The policy would aim to identify new domestic sources of critical minerals; increase domestic exploration, mining and recycling; giving miners and producers electronic access to better mapping and geological data; and streamlining leasing and permitting for new mines.

“The United States must not remain reliant on foreign competitors like Russia and China for the critical minerals needed to keep our economy strong and our country safe,” Trump said.

The order comes after the Interior Department and the U.S. Geological Survey published a report earlier this week that detailed U.S. dependence on foreign competitors for its supply of certain minerals.

The report identified 23 out of 88 minerals that are priorities for U.S. national defense and the economy,上海夜生活乌托邦Sabia, because they are components in produ,上海会上海夜生活网所夜网Kade,cts ranging from batteries to military equipment.

The list included rare earths metals, lithium, graphite and other minerals.

That report did not offer policy recommendations, but Zinke said he would rely on the findings as he prioritizes research into certain mineral deposit areas on federal land and plans policies to promote mining.

Twenty of the 23 critical minerals that the United States relies on are sourced from China.

Much of the world’s lithium is produced in Australia and Chile, with the bulk of the world’s reserves straddling huge salt flats in the so-called lithium triangle of Chile, Bolivia and Argentina.

Lithium exports from Chile, for example, approached $600 million in 2016, or roughly 40 percent of the global market by volume, according to Chile development agency Corfo. Lithium producers SQM, Albemarle and FMC Lithium are among the region’s top producers.

Written by shyw on April 8, 2018 Categories: 上海夜网 Tags: , ,

GM, Fiat Chrysler to resume normal operations after utility strain

WASHINGTON ( ) – General Motors Co and Fiat Chrysler Automobiles NV said on Thursday,上海会所夜网Ebba, they plan to resume normal operations after they were forced to cancel shifts at plants in Michigan over concerns about the state’s natural gas supply.

The cancellations came after CMS Energy Corp made an emergency appeal to users late on Wednesday to conserve natural gas following a fire at a compressor station and extremely cold weather.

Fiat Chrysler said it would resume normal operations on Friday after it canceled two shifts at its Warren Truck and Sterling Heights Assembly plants on Thursday.

GM said late Wednesday it was suspending operations at 13 Michigan plants and its Warren Tech Center due to the CMS request. It resumed limited operations at five engine, transmission and stamping plants on Thursday afternoon.

GM said late on Thursday it would resume operations on Friday at all manufacturing facilities and some critical labs, testing and other limited locations.

GM said employees at three locations including the Tech Center will work from Friday and added it expects normal operations to resume in full over the weekend.

Ford Motor Co said it had also taken steps to reduce energy use at its four Michigan plants supplied by CMS.

CMS, the parent company of Consumers Energy, took the unusual step of issuing an urgent appeal to 1.8 million Michigan customers on Wednesday asking them to lower their thermostats to ease the burden on the system due to the fire and record cold weather.

The company said Thursday 上海夜生活论坛that consumers could resume normal usage at 12:01 a.m. Friday.

CMS Chief Executive Patricia Poppe said earlier on Thursday about 79 large users in Michigan including major automakers, other manufacturers and two universities had curtailed their natural gas usage. Along with individual consumers, usage had fallen by about 10 percent over anticipated demand, she said at a news conference,上海足浴夜网联系方式Larissa, on Thursday.

Michigan State University said it cut hot water to some buildings and reduced temperatures in some buildings.

The White House National Security Council weighed in on Twitter on Thursday urging people in Michigan to listen to state and local authorities “tonight and tomorrow re natural gas use in the coming days.,上海凤楼夜网Cain,”