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HighclimbingFate
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For a new plastics vision

The New Plastics Economy is about plastics as an effective global material flow, according to the principles of the circular economy, reaching better economic and environmental outcomes. It is based on improving the economics and uptake of recycling, reuse and controlled biodegradation for targeted uses, on reducing leakage of plastics into natural environment, on exploring and adopting renewably sourced feedstocks.
#newplasticseconomy
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The struggle for democracy in Hungary is a struggle for democracy to all
#hungaryelections

Hungary has been governed by Fidesz and its leader Viktor Orban for 8 years. Fidesz is glossing over democracy, fosters xenophobia and rude antisemitic prejudices. Mr Orban's idea is to realize an illiberal state, his strength has been perturbed by corruption discredits associated with some allies and family. Orban gets in control on much of how Hungarians get their news. Orban has “loyalists” at state TV and radio and his associates acquired several private media broadcasts. The independent newspaper, Nepszabadsag, after published out scandals involving Fidesz, was suspended and sold to a Orban-side firm. Mr Orban's anti-immigration politics have supporters in Poland and between nationalists in Western Europe. He’s an icon for far-right parties and leaders as Marine Le Pen and former White House chief strategist Steve Bannon. Mr Orban shows himself as a defender of national sovereignty and Christian European land against the globalist elite. The British government is trying to facilitate the Orban’s autocracy to find support for a propitious Brexit agreement. An electoral system good to highlight the fragmentation of opposition gives a dramatic advantage to the regime. The opposition is divided between leftist and liberal parties and the far-right Jobbik party. The Socialist Party is not able to bounce back credibility cause of its disastrous years of government (2002-2008), when insolvency made Hungary the first EU member to need a financial bailout. Although the economy is discrete in last years and wages keep on rising, Mr Orban's campaign focused on risks about immigration. Hungary has an increasing income gap, the worsening of education and healthcare, a political clout on the courts and the creation of an oligarchy close to the government, boosted by state contracts and EU funds. Mr. Orban spoke in public only at footlights events. Orban has not respected an EU-mandated refugee quota and handed out millions on the construction of a border fence. On the streets there aren’t so many refugees, but their photos are everywhere, you can see posters all around, showing lines of migrants at borders. Mr Orban has concentrated his attacks on Mr Soros, using xenophobic and anti-Semitic rhetoric. George Soros is an evil figure for the Far-Right, considered as a sinister Jewish puppetmaster. The use of antisemitic tropes is greatly disturbing in Hungary, where 400,000 Jews got exterminated in the Holocaust. Orban consider Soros-funded organizations as enemies of Hungary and claimed that the billionaire has 2,000 agents working to overthrow the Hungarian government and install pro-migration politicians. Soros has denounced the attack on nongovernmental organizations in Hungary, calling Orban “the leader of a mafia state”. Orban has targeted NGOs with “Stop Soros” laws that would impose NGOs getting foreign funding above 25,000 euros to describe themselves as “foreign entities”, so that to due heavy taxes on donations. The struggle for democracy in Hungary is a struggle for democracy to all.
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4/7/18
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On April 2017 Jared Kushner tried a failed broker deal to Qatar’s minister of finance to cover a critic real estate investment in his family company assets, on May the soft embargo vs Qatar took place
#US #Qatar #SaudiArabia #TrumpAdministration
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#TPP11 #CPTPP

The TPP11 countries are likely to give in to US demands. With very modest prospective trade gains from the original TPP, US withdrawal has made the gains from the CPTPP even more paltry, making the TPP11 desperate for US participation. For Japan’s government and some others, the TPP will draw the US back into a stronger anti-China regional coalition.

In early 2016, the Trans-Pacific Partnership (TPP) Agreement -- involving twelve countries on the Pacific Ocean rim, including the USA -- was signed in New Zealand. Right after his inauguration in January 2017, newly elected US President Donald Trump withdrew from the TPP, effectively killing the agreement as its terms require the participation of both the US and Japan.
On 8 March 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be signed in the presence of outgoing Chilean President Michelle Bachelet. After that, six countries must ratify the deal for it to take effect. Twenty-two of the original TPP provisions will be ‘suspended', leaving over a thousand others intact. The 22 provisions have only been suspended, apparently to enable Washington to easily re-embrace the essentially US-drafted 6500-page TPP Agreement. The CPTPP will include several changes to the TPP, but will otherwise incorporate it. Besides the investment agreement, several onerous intellectual property and other provisions will be suspended. Some ‘side letters' can exempt some TPP11 countries on some matters. But otherwise, many of the most onerous TPP provisions remain. The CPTPP Preamble can guide interpretation of, but not contradict, let alone override problematic TPP provisions. Meanwhile, some countries will remove all their tariffs on products from other CPTPP parties while others, such as Japan and Canada, will not. Taking the widely criticized secrecy of such negotiations to a new extreme, no details of the ‘zombie agreement' will be released until after its signing. Despite promises to "engage with various stakeholders to get their views and feedback", most signatory governments have not conducted inclusive public consultations about the new agreement. Already, TPP11 proponents have resumed chanting the mantra that the US-drafted TPP is a ‘model trade deal for the 21st century', seemingly oblivious of global economic transformations of recent decades and their implications. Meanwhile, CPTPP privileging of foreign investment from TPP11 countries may well perversely encourage businesses to incorporate abroad as they will be better able to make demands on the government than they can currently do as nationals. The CPTPP enables non-TPP11 firms with branches in TPP11 countries to use it to their advantage, e.g., investor-state dispute settlement (ISDS) provisions will allow investors from other TPP11 countries to sue the host government, in a special international tribunal, for unlimited compensation and compound interest. As firms incorporated in other TPP11 countries may also enjoy lower taxes and other incentives, the recent trends of greater outward than inward FDI may well accelerate. China, India and other emerging market economies are already struggling to cope with such ‘roundtrip' FDI through offshore tax havens, and there is little reason to believe smaller TPP11 developing countries will fare better. Lower interest rates abroad in recent years due to unconventional monetary policies, such as ‘quantitative easing', have enabled highly leveraged foreign portfolio investors to increase their ownership of the corporate sector in many emerging market economies.
Capital account liberalization has enabled net capital outflows despite sometimes inducing temporary episodes of massive inflows into emerging market economies. With greater external vulnerability the inevitable consequence, when such portfolio investment inflows are inevitably reversed, capital account management measures may be needed, but disallowed by the CPTPP. In their efforts to justify it, CPTPP proponents have again greatly exaggerated trade benefits while ignoring the two US government studies -- by the Department of Agriculture's Economic Research Service and the International Trade Council – both projecting very modest gains from the TPP, despite including the US then. After the ‘Brexit' referendum and Trump's election in 2016, the mixed consequences of trade liberalization are increasingly recognized, replacing the naive claim that globalization would lift all boats. Nevertheless, CPTPP advocates still dismiss research doubting the problematic assumptions of the modelling projections they rely on. Meanwhile, US President Trump has already announced that he "would do TPP if we were able to make a substantially better deal". Judging by his administration's new demands in the ongoing North American Free Trade Area (NAFTA) renegotiations, this would presumably involve even stronger pharmaceutical patent protection and greater US corporate control of international e-commerce. The TPP11 countries are likely to give in to US demands. With very modest prospective trade gains from the original TPP, US withdrawal has made the gains from the CPTPP even more paltry, making the TPP11 desperate for US participation. For Japan's government and some others, the TPP will draw the US back into a stronger anti-China regional coalition. Hence, the TPP11 are so keen to bring the US back into the TPP that they are likely to accede to Trump administration demands. By joining the TPP on revised terms, ostensibly ‘putting America first', Trump can thus ‘prove' that he is a much better negotiator than his predecessors, especially Obama.
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Good in the know

New EU rules on payment services are:
prohibiting additional charges for payments with credit or debit cards, both in shops or online
introducing strict security requirements for e-payments
enhancing consumers' rights

The Directive is applicable since 13 January
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A one bedroom penthouse condo is for sale in Miami, the seller will only accept bitcoin, the first #property on sale for #cryptocurrency
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Trump recognises Jerusalem as the capital of Israel
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give power to #middleclass, they get back growth
#tax #education #transport #health #fairness #growth
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