U.S. TO SET TARIFFS ON STEEL AND ALUMINIUM IMPORTS

The Trump administration is to put tariffs on steel and aluminum products of 25% and 10% respectively.

Steel Sources (Percent of total Volume)

  1. Canada: 16%
  2. Brazil: 13%
  3. South Korea: 10%
  4. Mexico: 9%
  5. Russia: 9%
  6. Turkey: 7%
  7. Japan: 5%
  8. Taiwan: 4%
  9. Germany: 3%
  10. India: 2%

Aluminum Products Sources (Percent of total Volume)

ABOUT THE ITALIAN ELECTIONS

The 2018 Italian general election is due to be held on 4 March 2018.Voters will elect the 630 members of the Chamber of Deputies and the 315 elective members of the Senate of the Republic for the 18th legislature of the Republic of Italy, since 1948. The election will take place concurrently with the Lombard regional election and the Lazio regional election.

What are the main parties?

More than 20 parties are in the ring, but Italian voters are largely split into three political camps, according to recent polls.

TIME TO MOVE FORWARD IN WORKING CONSTRUCTIVELY WITH RUSSIA

Despite it being more than a quarter century since the collapse of the erstwhile Soviet Union, the U.S. and its allies have rarely shown appetite in building a good relationship with the Russian Federation. They have, to the contrary, only fostered a greater sense of insecurity in the minds of Moscow through the expansion of their military power, to the point that there is direct weaponry targeting Russia.

TAKEAWAYS FROM TRUMP'S SPEECH IN DAVOS

  1. No mention of geopolitics, or major international issues like climate change. China was not noted at all. Nor was India, nor Iran nor even Europe.
  2. …we are  working to reform the international trading system so that it promotes broadly-shared prosperity and rewards those who play by the rules. We cannot have free and open trade if some countries exploit the system at the expense of others. We support free trade, but it needs to be FAIR and RECIPROCAL. Because in the end, unfair trade undermines us all.

TRADE PROTECTIONISM IS NOT THE SOLUTION

Anti-dumping, anti-subsidy and "import injury" actions are permitted under existing international trade rules, but the U.S. administration's declared intention to more robustly enforce existing trade laws has encouraged US businesses to file more such petitions, which have increased substantially this year.

9 GLOBAL SUMMITS IN 2018

  1. Summit of the Americas, April 13–14 (Lima, Peru): Lima will be Trump’s first Summit of the Americas, and his administration’s hard line on immigration, narcotics, and Cuba could become flashpoints. 

EU VS RUSSIA MILITARY STRENGTHS

GDP

1.European Union: Combined GDP: $ 19 trillion dollars

2.Russia: $ 1.9 trillion dollars

Population

1.European Union: 508 million (1.4 million active military personnel + 1.7 million reserves

2.Russia: 143 million (2.5 million reserve personnel, currently 766,000 signed up for active military service)

Defense Spending

1.European Union: 226 billion dollars (1.5% of combined GDP)

DAVOS 2018- KEY PARTICIPANTS

  1. Narendra Modi, Prime Minister of India
  2. Donald Trump, President of the United States of America
  3. Angela Merkel, Federal Chancellor, Germany
  4. Paolo Gentiloni, Prime Minister of Italy
  5. Emmanuel Macron, President of France
  6. Theresa May, Prime Minister of the United Kingdom
  7. Justin Trudeau, Prime Minister of Canada
  8. Jean-Claude Juncker, President of the European Commission

STOP THE BLAMING GAME

In the world of leadership the traits of accountability and personal responsibility are highly regarded. There are leaders who think they’re always right, and that any problem or challenge that arises must clearly be the fault of someone else. Here’s the thing – as a leader, anything that happens on your watch is your responsibility whether you like it or not. This level of responsibility just goes with the territory, and leaders who cannot accept this do not deserve to lead.

ROMANIA COMPLIANCE REPORT

Romania has satisfactorily implemented or dealt satisfactorily with only two of the thirteen recommendations contained in the Fourth Round Evaluation Report of GRECO/Council of Europe. Four further recommendations have been partly implemented and seven have not been implemented.

Recommendation i.  (Not Implemented)

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