Donald Trump say he protect the national security. What does he mean?

The beginning of 2018 was a bad luck for the Chinese business. Two deals were blocked by the US government. The first was the aquisition of the Moneygram of the Alibaba-subsidery Ant Financial, the second was the deal of AT&T and Huawei. Later US government announced that the telekommunicationconglomerate should totally stop the communication with the smartphone producer because national security reasons.

CFIUS is a US office that proves any acquisition o fa US company for security risks. Dealogic mentioned that CFIUS blocked nearly 30 Chinese acquisitions of US companies. CFIUS partly forbid the acquisition, partly it protract the process. That is as much as all the other G7 states blocked. But China bought 90 US companies in 2016. This is the fourfold of 2012.

The USA and the EU complain about the situation that China blocked the chinese market for acquisitions and mergings with companies abroad and the lack of protection of intellectual property, while Chinese companies are buaing companies in EU market and USA for acquiring intellectual and technology advantages for their own companies. And the trade deficit didn‘t take some out of the situation.

For the Chinese it will be no problem if the USA blocks some acquisitions, but the duties of Donald Trump force a reaction of the Chinese. There are many products the USA imports to China. So China can put duties on agricultural products or aeroplanes. Also EU is thinking about duties on US agricultural and other products. This could be very negative for US farmers. Duties on aeroplanes will be in the interest of China because Boeing could loose market shares. This would advantage the Chinese aviation industry.

But all this stuff has to pay the customers of the goods. All this duties will increase prices and this will upport inflation. Steel and aluminium prices will increase if the plants will produce steel in the USA and this will endanger the aviation industry and the automobile producer also infrastructure projects and the wall to Mexico.

But is it necessary to produce inflation?

https://www.tipp24.com/powerball?prefilled=true&platform=CARA_WEBSHOP

The US debt clock shows 212,562$ debt per citizen or 832,188$ per family, tendency is increasing steadily. Savings are 4534$ per family, means 1158$ per citizen. This is only state debt. Date is 03rd of march, 2018. As the picture below shows the USA put 78% taxes on price draw lotteries if the price will be paid immediately as one sum. This hint I found at a german powerball web site. Paying the price in 30 year rates the taxes will be 38%.

https://www.newyorkfed.org/microeconomics/hhdc

Picture above shows that the private debt is at record high at the end o fthe 4th quarter of 2017. The Center of Microeconomic Data announced a total private debt of 13,15trio$, 473bio$ higher than the last peak in 2008, tendency is also increasing. The mortgage debt amounts 8,88 trio$ and the balances on home equity of credit ( HELOC ) declined to 444bio$. Home Equity Loan Rates

are starting at 4.5%. A home equity loan is a type of second mortgage that lets you borrow money against the value of your home.

The quarterly report aon household debt and credit shows steadily decreasing numbers of bankrupties and foreclosures, the transition in delinquency of student loans is very high steadily and of credit card debt is increasing sharply since the mid of 2017. Also the delinquency of mortgage is low, the sum o fmortgages and second mortgages could lead to a liquidity crisis like 2007.

  • Balances on home equity lines of credit (HELOC) declined again, by $4 billion and now stand at $444 billion.

If FED is raising the rates and economy is not accelerating the situation could change dramatically. Increasing prices for consumer goods will shrink the living standard of ordinary people while the rates of tjhe credits and mortgages are increasing.

US Inflation decreases dramatically from 2011 to 2015 reaching a low of -0.2% in April 2015. In 2016 and 2017 it was stagnant at 2.1 % with a forecast of 2.2% in 2018.

Current US Inflation Rates: 2008-2018

https://tradingeconomics.com/united-states/gdp-growth

GDP growth rate by Country

Country

Last

Previous Highest Lowest

United States

2.50

Dec/17

3.2

16.9

-10

% Quarterly

India

1.80

Dec/17

1.8

5.4

-1.7

% Quarterly

China

1.60

Dec/17

1.8

2.4

1.3

% Quarterly

Turkey

1.20

Sep/17

2.2

5.6

-5.2

% Quarterly

Mexico

0.80

Dec/17

-0.2

2.9

-5.8

% Quarterly

Netherlands

0.80

Dec/17

0.4

1.7

-3.2

% Quarterly

Spain

0.70

Dec/17

0.7

1.6

-1.6

% Quarterly

Euro Area

0.60

Dec/17

0.7

1.3

-2.9

% Quarterly

France

0.60

Dec/17

0.5

7.7

-5

% Quarterly

Germany

0.60

Dec/17

0.7

4

-4.5

% Quarterly

Switzerland

0.60

Dec/17

0.7

2.3

-1.6

% Quarterly

Australia

0.40

Dec/17

0.7

4.4

-2

% Quarterly

Canada

0.40

Dec/17

0.4

3.33

-2.3

% Quarterly

Japan

0.40

Dec/17

0.6

3.2

-4.9

% Quarterly

United Kingdom

0.40

Dec/17

0.5

5

-2.7

% Quarterly

Italy

0.30

Dec/17

0.4

6

-2.8

% Quarterly

Brazil

0.10

Dec/17

0.2

3.6

-4.1

% Quarterly

Russia

0.10

Sep/17

1

4.1

-5.4

% Quarterly

South Korea

-0.20

Dec/17

1.5

7.8

-7

% Quarterly

Indonesia

-1.70

Dec/17

3.19

4.01

-3.57

% Quarterly

https://tradingeconomics.com/united-states/gdp-growth

Unemployment rate in the USA chart and table

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 5.0 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
2010 9.8 9.8 9.9 9.9 9.6 9.4 9.4 9.5 9.5 9.4 9.8 9.3
2011 9.1 9.0 9.0 9.1 9.0 9.1 9.0 9.0 9.0 8.8 8.6 8.5
2012 8.3 8.3 8.2 8.2 8.2 8.2 8.2 8.1 7.8 7.8 7.7 7.9
2013 8.0 7.7 7.5 7.6 7.5 7.5 7.3 7.2 7.2 7.2 6.9 6.7
2014 6.6 6.7 6.7 6.3 6.3 6.1 6.2 6.2 5.9 5.7 5.8 5.6
2015 5.7 5.5 5.5 5.4 5.5 5.3 5.2 5.1 5.0 5.0 5.0 5.0
2016 4.9 4.9 5.0 5.0 4.7 4.9 4.9 4.9 5.0 4.9 4.6 4.7
2017 4.8 4.7 4.5 4.4 4.3 4.3 4.3 4.4 4.2 4.1 4.1 4.1
2018 4.1 4.1

https://data.bls.gov/timeseries/LNS14000000

Unemployment rate was falling since 2010 and is stagnant since October 2017. Payroll employment increases by 313,000 in February; unemployment rate unchanged at 4.1%, so the Bureau of Labour Statistics on 15th of March 2018.

As the table below shows the GDP growth of the major economic countries in the world is slowly. Inflation is very low in the leading economies this could induce stagflation. Raising rates for debt without a secure economic situation could bring about liquidity crisis. Higher Inflation is a weapon against stagflation, if the inflation is based on higher demand of the people means higher wages. Inflation with low wages will bear lower demand because the people can‘t buy the things they used to buy and that means poverty and instability with debt at risk and increasing delinquency.

So, what does Pres. Donald Trump mean when he said, that he secures national security, when he put duties on steel and aluminium. What is the real condition of the economy of the USA, EU and the ehole world? Can USA deal with the private debt and mortgages?

The high tech plants the USA will built will not have this big impact on labour market as the plants had in the past.Robot technology will produce many things without human beings and will increasingly spread in the service sector. What if the labour market will turn into a low wages market while the prices in the stores increase so the people will not have the money to pay their debt?

What countries are the economic locomotives if China will find its continuous economic growth? Economics say India will follow if the production in China will be too expencive. But the production hub of China has floated the world for years and will do this also in the future. What products will be left for India? And what companies will built their plants in the USA? In India there are jobs people work for 0,30 US$ per hour. With that low wages in India the labour market in USA will be under pressure. But domestic market have to spur if the economy shold find traction.

See also:

In Future Robots will fullfill our wildest dreams. Video Show with excerpts of Tokyo Game Show. Post will introduce robot

 

US Duties on Steel and Aluminium, is this really advantageous for the USA

On census.gov, the United States Census Bureau, you will find the development of Trade between USA and China. The import-export-relation for the USA trading with China in 2017 was 4:1. This ratio is nearly constant since 1994. Only in the years around millenium the ratio was higher. A nearly equal import-export-relation is given in 1985, 30 years ago, a time China‘s economy was agricultural orientatet. But it is impossible to ignore China‘s development. Today eleven asian States sign a free trade agreement without the USA.

The US trade with EU has nearly tripled since 1997, but US trade defizit has increased tenfold. This only happens, if domestic economy doesn‘t match customer‘s needs. No one will buy goods several thousands miles away with all risks of transport, if the goods will be available in same quality next door.

So the citicens of the USA take advantage of the cheap prices of China and the high production standards of the EU. This will be deleted with protectionism.

Trump say he will create new jobs in USA. This is possible if conglomerates transfer plants from abroad into the USA. But job losses in other countries will be the result, This will make it hard to colaborate and international trade will bemore difficult. That new plants really create jobs, that new technology, rationalisation creates new jobs is dobious. The result is mostly that rationalisation is a job killer. This means that the job balance will be nagative. This is an advantage for companies which closes plants of old standard outside of the USA to biuld new plants of new standards in the USA. The overhang of jobs in the administration and production will be deleted.

Companies staff plants dependent on orders. If orders fail they react with job cuts. Automatisation will make unions impotent and workforce replaceable. If human workforce will be impotent companies can hire and fire as they demand. It is not enough to reform the taxes. With the reformation of duties it is possible to save jobs in the USA if the orders follow from domestic demand. But international orders can get lost. So to impose protectionistic duties is a very sensible instrument and has to be used with painstakingly analysis.

Elon Musks wants to build up a plant in China to produce cars. The Chinese have a very complicated admission procedure. Elon Musk say, it is very unfair that companies can build up plants in the USA very fast while he is waiting in China for months. He asks Donald Trump, if he is thinking that the car producers should have the same conditions building plants in China as in the USA? Eleven asian states signed a free trade agreement without the USA on 9th of March 2018 and the EU threatens with duties on US products if Trump will not rethink the duties on steel, aluminium and cars from the EU. This is not advantageous for the USA.

The President of the USA say he guarantees security of USA with the higher tax rates for aluminium and steel. What does he mean? Free trade is a leading economically doctrine of our society, no security risk.

 

CUP, A Chinese Credit Card Network Operator Begins to Set International Standards

China UnionPay ( CUP ), the country’s sole bank card network operator, said Thursday that transactions surged to a record high during the week-long Spring Festival holiday as card holders went on a spending spree. It‘s subsidiary UnionPay International ( UPI ) offers Chinese people and students abroad, international businessmen, exchange students services in banking and finance sector. The services can be used in China and abroad. UPI works with companies like moneygram, Xoom and transferwise to make money transactions possible. It offers tax refund service to people who buy things abroad.

As global merchants are endeavoring to improve the experience of Chinese tourists CUP negotiate rabates and presences in retailershops around the world for their customers. During this Spring Festival, famous restaurants, hotels, stores, entertainment establishments in 22 popular travel destinations are offering exclusive discounts up to 30% off for UnionPay cardholders.

According to data from China Tourism Academy, as many as 6.5 million Chinese people travel abroad this Spring Festival. More than 23 million merchants outside the Chinese Mainland accept UnionPay, which is the preferred bankcard of Chinese tourists, and the cross-border transactions volume of the UnionPay mobile payment has grown substantially during this Spring Festival.

The total value of transactions at home and abroad through the China UnionPay network soared 47 percent from last year’s holiday to 679 billion yuan (about 107 billion US dollars), according to a company statement.

Mobile payment can be used in more than 18 countries with more than 1 mio POS-Terminals. With more and more merchants accepting UnionPay cards, the travel experience of Chinese tourists is getting better and better. In partnership with more than 1700 institutions worldwide, UnionPay International has enabled card acceptance in 168 countries and regions with issuance in 48 countries and regions and went up nearly 150 % overseas. Over 6.5 million overseas trips were expected to be made by Chinese tourists during this year’s holiday., according to the China Tourism Academy.

On 12 July 2016 the President of the European Commission, Jean-Claude Juncker and the Chinese Prime Minister, Li Keqiang, announced that 2018 will be the EU-China Tourism Year (ECTY). At the opening officials of many institutions and industry were found, like Jenna Qian, Vicepresident of Ctrip, Qiu Yin, Vizepresident of Tencent, Wei Zhihong, EU-Generaldirector of UnionPay, Jacopo Sertoli, President of Welcome Chinese, Barry Lin, Tourism Resources Senior Director of Tuniu, Luca Patanè, Chairman of Uvet and Blu Panorama, Mikko Turtiainen, Global Sales Vice President of Finnair, Torstein Hagen, Chairman of Viking Cruises.

The European Commission is preparing the ECTY in close cooperation with CNTA (China National Tourism Administration). Its main priorities are to:

  • show what the EU has to offer to Chinese visitors by supporting various cooperative marketing campaigns
  • facilitate business summits
  • organise Business to Business matchmaking meetings for tourism operators at the most important fairs

Ultimately the EU-China-Tourism Year should boost the tourism between the two countries. This will also boost the card services on both sides.

Also the Network of European Private Sector in Tourism believes that the ECTY is an opportunity for both China and Europe to boost tourism flows in both ways. Therefore, tourism promotion alone is not sufficient to make this a success. A holistic approach is needed; looking at facilitating travel, improving connectivity, addressing the specific needs of group tourism, fostering cultural understanding though training and tutorials, help building partnerships between European and Chinese tourism enterprises, overcoming language barriers, etc.

To strengthen the presence on wuropean market UnionPay starts a cooperation with Concardis GmbH, a german financial service company.

China is the world’s largest travel market in terms of both outbound travel and expenditure. According to ETC, European destinations have welcomed 10,1 million Chinese visitors in 2015, accounting for a share of 13% of all outbound travel from China. At the same time, Europe has sent 4.9 million visitors China, accounting for 19% of the total foreign visitors. In 2016 122 million Chinese travel to abroad destinations, 20% of the global tourism. Higher income and less bureaucracy will invite the middle class to travel abroad. The european tourism industry strengthen it‘s efforts to make the destinations more comfortable for the Chinese tourists.

The standards in financial transaction networks of Serbia, Belarus and Tadschikistan will be build or modernised with UnionPay-standards. More than 10 countries, among them Albania, Bulgaria and Tansania asked UnionPay to help them building a money transfer network in their country.

CUP and UPI are part of Peoples Bank of China, the state owned Chinese Bank. Both companies are not listed at a stock exchange until now.

 

 

https://www.finanzen.net/nachricht/unionpay-aus-china-baut-mit-gemalto-ein-oekosystem-fuer-sichere-nfc-zahlungen-ueber-mobile-geraete-auf-2288296

https://www.finanzen.net/nachricht/aktien/unionpay-wird-in-spanien-an-90-der-geldautomaten-und-pos-terminals-akzeptiert-5918778

https://ec.europa.eu/growth/content/2018-eu-china-tourism-year-0_en

https://ecty2018.org/

https://www.eutravelpartnerships.org/events/launch-of-the-2018-eu-china-tourism-year-2018-venice-january-19th-2018/

https://www.eutravelpartnerships.org/events/launch-of-the-2018-eu-china-tourism-year-2018-venice-january-19th-2018/

https://www.presseportal.de/pm/129333/3844394

https://www.presseportal.de/pm/129333/3844394

https://www.finanzen.net/nachricht/aktien/transaktionsvolumen-von-unionpay-erreicht-zum-jahreswechsel-2018-neues-rekordhoch-5895229

Zimbabwe coup: Zimbabwe assetts are falling. Could they recover soon?

In Zimbabwe military has accede to the government. President Mugabe got groundig. The government party of Zimbabwe has voted for a new chairman. Mr. Mugabe is isolated. Mr Mugabe is 94 years old. He regained Zimbabwe since 1987. The Zimbabwe Industrial Index ( INDZI ) looses 17.93%, the Zimbabwe Mining Index ( MINZI ) looses 80.39%.

Zimbabwe’s economy depends heavily on its mining and agriculture sectors. Key industries are cement, chemicals, fertilizer, clothing and footwear, foodstuffs and beverages. Following a decade of contraction, the economy grew from 2010 to 2013 more than 10% per year, then slowing down to 4% in 2014. The harvests were poor, diamond revenues slowing and because of decreasing investments. The economy of Zimbabwe depends on agricutluture sector and minerals.

Following a decade of contraction from 1998 to 2008, the economy recorded real growth of more than 10% per year in the period 2010-13, before slowing to roughly 4% in 2014 due to poor harvests, low diamond revenues, and decreased investment. Growth turned negative in 2016. Lower mineral prices, infrastructure and regulatory deficiencies, a poor investment climate, a large public and external debt burden, and extremely high government wage expenses impede the country’s economic performance.

The Zimbabwe‘s nationalbank, the Reserve Bank of Zimbabwe (RBZ), printed money to close budget gaps. In 2009 hyperinflation contains the government to reliever the national currency. Since 2009 US$ is the currency to make businesses and to buy things in Zimbabwe, because the national currency, the Zimbabwe-Dollar, is worthless.

The development of GDP in the last 3 years was -0.3% (2016 est.), 1.1% (2015 est.), 3.9% (2014 est.). Witnh a GDP of 28.33 bio US$. Microsoft reported revenue of 24.7bioUS$ in it‘s fourth quarter of 2017 ended 30th of June 2017.

72.3% (2012 est.) of the people in Zimbabwe are living under poverty line. The situation since 2012 didn‘t get better. The unemployment rate is 5.1%, Zimbabwe‘s revenues are $3.4 billion. With a public debt of 45.4% of GDP (2016 est.) Zimbabwe is not very high indebted, a Commercial bank prime lending rate of 20% (31 December 2016 est.) makes lending expensive. Median age of the country is 20.6 years. Zimbabwe has a very young population. The Zimbabwean Industry Index and Zimbabwe Mining Index are falling with high pace since military coup. It is very difficult to achieve real time charts from Zimbabwe‘s companies. If you search for Border Timbers Limited on inveting.com web-site on „Top Gainors“ you will find the assett worth 1290,00$ from 23, October 2014 looks like worth of today. If you look at the data sheet from Zimbabwe Stock Exchange the company is worth 0,2 $. If you want to buy assetts you have to work very thoroughly to make the right decision.

The assetts of Zimbabwean companies are often overvalued. This is because the wealth people invest their Dollar‘s immediately in companies to serve worth of the money. There are many companies which looses much worth since the coup. If government will be stabilized it could be worth to watch the assetts of the big companies. Zimbabwe Stock Exchange gives you only data sheet from day to day trading, it has no real time charts. So you have to inform yourself at company web-sites and companies itself and work very carefully. An investment in MINZI or INDZI Index could be advantageous.

The young population could be an advantage for the new government if it wants to superinduce innovations.

http://www.teleboerse.de/aktien/Wie-Mugabe-Simbabwes-Boerse-boomen-laesst-article20136478.html

http://finanzen.net

http://investing.com

http://riozim.co.zw

https://www.economy.com/zimbabwe/#ECONOMY

UAE’s Mubadala invests in Saudi Arabia

Mubadala Investment Company founded on January, 21, 2017 by law issued by the President Sheik Khalifa bin Zayed Al Nahyan. The company is the mother of IPIC ( International Petroleum Investment Company ) and Mubadala Development Company. It is an investor owned by the government of the United Arab Emirates with the vision, scale and expertise to make a global impact. It manages 125bio$ in assetts. The sector the company invests include aerospace, ICT, semiconductors, metals & mining, renewable energy and utilities, and the management of diverse financial holdings, also it has different companies in the hydrocarbon spectrum .

In 1984 IPIC, the International Petroleum Investment Company, was founded with a capital of 1bioUS$ to advance Abu Dhabi’s natural petroleum wealth for the development of the emirate. The company is responsible for all affairs rerlated to the oil business. The company is controlled by the Supreme Petroleum council of Abu Dhabi and is worth 5bio US$ now.

Mubadala Development was founded in 2002 to diversify the investments. With the law from January 21, 2017 IPIC and Mubadala Development Company merged in Mubadala Investment Company.

AT Kearney consults Mubadala on options like assett sales and mergers. The assets include chemical makers Borealis and Nova Chemicals Corp, as well as Japanese refining firm Cosmo Oil Co..

With the merging of the two companies Mubadala Investment is active in 13 sectors and more than 30 countries around the world, creating lasting value.

IPIC’s 24.9% stake in OMV, one of Austria’s largest listed companies, brings with it refining knowledge and technology, greater exposure to the hydrocarbon value chain and a platform to expand into Central and Eastern Europe.

In 2004 OMV buys a 50% stake in Petrom, the largest corporation in Romania and the largest oil and gas producer in Southeast Europe, marking IPIC’s first entry into the Eastern European market.

With a joint venture between the Government of Pakistan (60%) and IPIC (40%), PARCO has the most modern refinery in Pakistan with a capacity of 100k barrels per day, significantly enhancing Pakistan’s economic growth.

IPIC acquires a 64% stake in Borealis, one of the world’s largest producers of polyolefin – a polymer produced from oil and natural gas. Borealis in turn creates the Abu Dhabi-based petrochemical company, Borouge, a groundbreaking joint venture with ADNOC that brings key production capabilities to the UAE.

In one of its first efforts to create synergies across its international portfolio, IPIC extends OMV’s expertise into Pakistan through PARCO.

Developed and owned by IPIC, the Abu Dhabi Crude Oil Pipeline (ADCOP) is a 48-inch diameter onshore pipeline that transports 1.5 million barrels per day of crude oil – around half of the UAE’s total production.

IPIC and Orascom Construction partner with the Egyptian Government to develop a 2,000-3,000 megawatt coal-fire power plant in Egypt.

IPIC makes a strategic acquisition in petrochemicals company, Nova Chemicals; today, the company is ranked among North America’s leading producers of plastics and chemicals, and since joining the IPIC portfolio has increased ten-fold in value.

One of the largest energy investments in the Gulf region, Dolphin Energy is established as a joint venture between Mubadala, Occidental Petroleum and Total to produce and transport gas from Qatar’s North Field to the UAE and Oman. Dolphin now meets approximately 30% of the UAE’s energy requirements.

Tabreed is established to deliver sustainable, energy-efficient and cost-effective cooling services to millions of people across the GCC. Mubadala is a long-term strategic shareholder in Tabreed.

Injazat Data Systems is founded to provide market-leading IT solutions, including data center hosting and managed services; it goes on to become the only Tier IV data center in the region. This means a data center with redundant capacity components. All components are fully fault-tolerant including uplinks, storage, chillers, HVAC systems, servers etc. Everything is dual-powered.

Imperial College London Diabetes Centre opened in Abu Dhabi in 2006 as the first healthcare facility established by Mubadala Development Company, in partnership with Imperial College London.

Imperial College London is ranked as one of the world’s leading scientific, engineering, and medical research and teaching institutions, and through this partnership, has enabled clinical collaboration and knowledge transfer locally in Abu Dhabi.

In 2008 Mubadala and GE establish a global partnership that includes R&D, clean energy, aviation, industry and corporate learning initiatives, as well as utilizes GE’s global learning network.

A 50/50 joint venture between IPIC and Qatar Holdings (a subsidiary of QIA), QADIC is established in Doha as a diversified global investment company with committed capital of US $2 billion. QADIC focuses on mid-market investment opportunities across a broad range of sectors.

Mubadala increases its stake in Advanced Micro Devices, a US-based semiconductor company that designs and integrates technologies for intelligent devices to 19.3%.

IPIC has 98,32% of Aabar.

Aabar Investments, a daughter of IPIC, acquires the private banking business of AIG and rebrands as Falcon Private Bank, with a focus on providing wealth management solutions to high net worth clients in the Middle East and Europe. Today Aabar Investments has assetts in Italy‘s Uni Credit.

Today Aabar Properties has more than 26 projects in the UAE alone has stakes in Companies like Virgin Galactic, a company focused on developing spacecraft that will provide suborbital flights to space tourists, Al Taweelah, Abu Dhabi, today one of the world’s largest single-site primary aluminium producers, RHB Bank, which operates over 330 branches in ten countries, Strata Manufacturing, which delivers high quality component aircraft products for original equipment manufacturers..

Masdar City, the green tech city, a project of the UAE, is also a project of Mubadala Development Company. The city will cost an amount of 22bio US$. If it is finished about 45,000 people will live there without waste, cars and CO².

Mubadala Investment Company now considers investments in Saudi Arabia. In Saudi Arabia the king will hand over the political power to his crown prince Muhamed bin Salman, who met with Jared Kushner, Stephen Schwarzman und Larry Fink in recent years. It is announced that Mubadala will hold a US $2.2 billion stake in BP on behalf of the Abu Dhabi Government. And with Al Yah Satellite Communications Company (Yahsat) Mubadala has a door to the space business open. Yahsat’s target is to develop customised satellite solutions for the government as well as the commercial sector in the Middle East, Africa, Europe, Central and South West Asia. Yahsat will launch it’s third satellite by the end of 2017.

The economy of Saudi Arabia is in a difficult situation. With the plan „Vision 2030“ published the government of Saudi Arabia, that it will implement value added tax, and will supress subsidies of water and energy. Saud Arabia will increase education and health care. IMF warns Saudi arabia with the worst economy growth for years. This could lead to sentiment loss of investors. The recent rate of unemployment of Saudi Arabia is 9.3%.

Neverthless the USA startet talks about future investments. And Saudi Arabia knows that it has to change it’s system. With Mohamed bin Salman Saudi Arabia has a new leader who wants a new more open and moderate Saudi Arabia and will allow foreign investments in selected companies.

But if Saudi Arabia wants to launch foreign investors money into the country it must take care about political stability in the gulf region. Now Saudi Arabia has problems with Iran, Syria, Irak, Qatar and Lebanon. Saudi Arabia is a stable partner of the USA. But it has to act with courtesy to avoid military action.

In it‘s „Vision 2030“ plans Saudi Arabia to diversify the economy. Last year the revenue of the non-oil sector increased by 30% yty. Saudi Aramco will be transformed to a leading company in other sectors than the oil sector. The Public Investment Fund will be transformed into the largest sovereign wealth fund globaly. Private investment will be allowed in the future. If Saudi Arabia and the gulf states can restructure their industry and society successfully and the economy can find traction investments in this region can be very attractiv.

http://www.arabianbusiness.com/industries/banking-finance/382657-uaes-mubadala-said-to-review-assets-after-ipic-merger

http://www.mubadala.com

http://vision2030.gov.sa/en

Investment: The assetts of the thermal imaging camera producer, FLIR Inc., are shooting from 33,00€ to 41,00€.

Flir Systems Inc. designs, develops, manufactures, markets, and distributes thermal imaging systems, visible-light imaging systems, locator systems, measurement and diagnostic systems, and advanced threat detection systems. The products are used in industry, medical/life science, virtual and augmented reality, prosumer/entertainment, ITS/Traffic, security and surveillance, astrophotography, geo-informations-systems, people counting and tracking and case studies. The products apply to civil as to military use, are assembled in future technologies like the automatisation of vehicles and drones and can also be used by private persons with an application for the smart phones. Its automated pedestrian and animal detection alarms are very useful in cars today and will be very necessary in self driving cars.

The revenue of third quarter 2017 is up to 15% yty and the third quarter adjusted operating income is up to 14% yty.

Assetts are increasing since end of September 2017 from 33,00€ to 41,00€. At 03. of November, 8:35 o‘clock pm, the assetts are worth 40,10 increasing slightly.

With it‘s various usable cameras Flir has potential to find a big market to sell it‘s products. The assett could be a good investment.

http://www.flir.de

http://www.finanzen.net/

Tierversuche an Universitäten

! ! ! ETAPPENSIEG ! ! !

Die Universität Zürich hat uns mitgeteilt, dass sie mit sofortiger Wirkung keine Katzen mehr von Liberty Research beziehen wird. Im September hatten wir Sie per E-Mail über die grausamen Versuche an Katzen informiert (siehe unten stehende E-Mail). Weitere Infos zum Etappensieg finden Sie hier: https://www.veganblog.de/tierversuche/uni-zuerich-schluss-vertragslabor/

Diesen Erfolg haben wir gemeinsam mit Ihnen – unseren Petitionsteilnehmern und Spendern – erreicht. Vielen Dank, dass Sie dazu beitragen, das Leben der Tiere zu verbessern!

Trotzdem leiden und sterben nach wie vor täglich Millionen von Tieren in Tierversuchen. Bitte helfen Sie weiterhin mit, damit wir Tierversuche gemeinsam Stück für Stück abschaffen können!

Dokumente beweisen, dass die Universität Zürich Katzen von dem Tierversuchslabor „Liberty Research“ gekauft hat, um sie in grausamen Experimenten zu quälen. Auch Auftraggeber wie der deutsche Pharmariese Bayer, Novartis oder Merck zahlen für solche Tierquälereien. Mit unserer weltweiten Kampagne gegen Tierversuche möchten wir nun dagegen vorgehen.

Katzen im Versuchslabor

Diese von Liberty Research gezüchteten Katzen könnten an die Universität Zürich verkauft worden sein, um sie dort in Tierversuchen zu misshandeln. Tierversuchslabore erwirtschaften einen milliardenschweren Umsatz mit der Zucht von „Labortieren“ und ihrer Quälerei in Tierversuchen.

Diese Aufnahme aus dem Labor könnte aus einem Horrorfilm stammen. In einem Versuch haben Mitarbeiter von Liberty Research Löcher in den Schädel von 30 Beagle-Hunden gebohrt, um ihnen das Staupe-Virus direkt ins Gehirn zu injizieren. Dass Hunde in einem solchen Experiment leiden müssen, ist eine Schande – und es ist wissenschaftlich betrachtet völlig sinnlos, da bereits seit Jahrzehnten eine Staupe-Impfung eingesetzt wird, um die Krankheit zu verhindern.

ELFEN SIE MIT, DASS WIR VERSTÄRKT GEGEN TIERVERSUCHE AKTIV WERDEN KÖNNEN: Am Montag hat unsere weltweite Kampagne gegen Tierversuche begonnen, mit der wir unseren Einsatz gegen diese grausame Industrie verstärken wollen. Mit Ihrer Spende können wir unter anderem weitere Tierquälerei in Versuchslaboren aufdecken, die tierversuchsfreie Forschung fördern und Kampagnen gegen Unternehmen führen, die Tierversuche durchführen. Bitte nutzen Sie deshalb heute die Chance, um Ihre Spende zu verdoppeln.

PETAs Aktionen gegen Tierversuche

Bitte machen Sie bis zum 31. Oktober mit bei unserer weltweiten PETA-Challenge gegen Tierversuche. Gemeinsam werden wir eine bessere Zukunft für Tiere schaffen.

Ich danke Ihnen ganz herzlich für Ihre Unterstützung.

Ingrid E. Newkirk
Ingrid E. Newkirk
Vorsitzende
PETA Deutschland e.V.

PS: Wenn jeder, der diese E-Mail liest, nur 10 Euro spendet, haben wir unser Spendenziel von 500.000 Euro bereits erreicht! Bitte teilen Sie diese Aktion auch mit Ihren Freunden:

In Future Robots will fullfill our wildest dreams. Video Show with excerpts of Tokyo Game Show. Post will introduce robot

In Tokyo Game Show at Makuhari Event Show a druide invites the visitors.

https://www.youtube.com/watch?v=ty1ZQ9SKiIM

The Orgtanizer of Tokyo Game Show, the Computer Entertainment Supplier’s Association (CESA), gives the visitor the choice, what is more favorable, playing with robots or with humans.

But robots will develop and learn to do many things, so we will use them at work also as privat in our private rooms.

This illustrates Sophie, a female loooking robot, which can speak and is well programmed.

But robots like this can also be self learning machines. This shows a hotel where most of the work is done by robots.

The last clip shows some things about the use of robots in future. Androids as deputy of negotiator to negotiate with partners, sex partner for fetishists or substitute for family

Some excerpts::

The next rational move is a talking, moving, responsing sex-robot.

When robots become capable, of precisely control machines and tools, my biggest concern is that people may stop make an effort. To stop make an effort would be dangerous for a persons development. I mean, it could change our values. ( Yoshiyuki Tomino – anime crator )

A fondie-robot-seal in a senior-citizens home. An old ladie playing with it: „I could fly to the sky. She makes me happy because she understands my felings.“ – (Oh yes. Life happens in the head. What a fallacy.)

Deutsche Post will apply robots next year. The robot will carry up to 150kg and will move with a speed upt to 6 km/h. It can recognize obstructions and drive over curbstones. The postman will walk in front of the robot dso it has no impact to unemplyment rates. But the time will come the robot will deliver independently. The German Post competitor Hermes has started a pilot project last year robots deliver independently. Hermes asks its customers when the package should arrive. The robot call the customer 5 minutes before he arrives. Then the robot drive to the adress and call the customer again to inform that the package could be taken by the customer. The robot Hermes use drives up to 6 km/h but can load only the mass of one bigger package.

The day both systems merge is the day we will need no more  postmans and postwomen.

German parlament election: CDU wins, AfD third place

In Germany election on sunday the 24th of September 2017 the right wing surge. CDU wins, has the most votes, but it‘s bavarian sisterparty has the worst result since 1949. For the bavarian leader CSU the ballot is very interesting because in 2018 is the election for bavarian state parlament. SPD leadership told yesterday that SPD has a worst performance in the ballot, with 20,5%, and will be opposition leader. This will be a very responsible work because the third strongest party is now AfD with 12.8%. If SPD would not take the opposition leadership AfD would be the leader of the opposition. The people vote for AfD because AfD made rule of law an issue of it’s programm and because they are afraid of terrorists. Also the people wants that Germany should stay a Germany with German morals. This morning the AfD leader Frauke Petry has left the press conference of AfD sayng that she will not be part of the  fraktion in parlament. She will take seat in parlament but as a independent member of parlament. Then she left the press conference or AfD. Mr Gauland, AfD, was very astonished and exculpates the behavior of Ms. Frauke Petry before the press. FDP get 10,7% and is with AfD new in Bundestag, the German Parlament. The left party, die Linke, got 9,2% and the Green Party, die Grünen, got 8,9%

The composition of the German Parlament, Bundestag, after the election is:

CDU has 246 seats

SPD has 153 seats

AfD has 94 seats

FDP has 80 seats

the Left Party has 69 seats

In Germany the right wing surge. CDU wins, has with the most votes, but it‘s bayvarian sisterparty has the worst result since 1949. For the bavarian leader CSU the ballot is very interesting because in 2018 is the ballot for bavarian state parlament. SPD leadership told yesterday that SPD has a worst performance in the ballot, with 20,5%, and will be oppositionleader. This will be a very responsible work because the third strongest party is now AfD with 12.8%. If SPD would not take the opposition leadership AfD would be the leader of opposition. The people vote for AfD because AfD wants rule of law and because they are afraid of terrorits. Also the people wants that Germany should stay a Germany with German morals. This morning the AfD leader Frauke Petry has left the press conference of AfD saiyng that she will not be in the ruling fraktion. She will have the seat in parlament but as a independent member of parlament. Then she has left the parlament. Mr Gauland, AfD, was very astonished and exculpates the behavior of Ms. Frauke Petry before the press. FDP get 10,7% and is with AfD new in Bundestag, the German Parlament. The left party, die Linke, get 9,2% and the Green Party, die Grünen, get 8,9%

The composition of the German Parlament, Bundestag, after the election is:

CDU has 246 seats

SPD has 153 seats

AfD has 94 seats

FDP has 80 seats

the Left Party has 69 seats

the Greenm Party has 67 seats.

There are 709 seats in german parlament, so no party can regain alone or with a two party coalition. This will be a very difficult situation for the negotiations to built a coalition of three rulingt parties in Germany to built a stable government. The last legislature period SPD aned CDU regains in a two party coalition Germany but SPD said that it had made a god work in the last legislature period but the people don‘t honor. The result in the last election is too bad to start a new coalition with CDU. Now there is the so called Jamaica coalition in discussion, a three party coaloition with CDU, FDP and the Green Party in government.

There are 709 seats in german parlament, so no party can regain alone or with a two party coalition. This will be a very difficult situation for the negotiations to built a coalition of three ruling parties in Germany they need to built a stable government. The last legislature period SPD and CDU had regained in a two party coalition Germany but SPD said that it had made a god work in the last legislature period but the people don‘t honor. The result in the last election is too bad to start a new coalition with CDU. Now there is the so called Jamaica coalition in discussion, a three party coalition with CDU, FDP and the Green Party in government.

German Government, Health Secretary Spahn, wants to revalue the health care workers.

On 9th of August 2017 there was an event related to the parlamentary vote in Frankfurt/Main, my residence. Until today I don‘t know exactly what party I should vote because I see a lot of questions relating to the automatisation process in the next decades. I don‘t know how the politics will manage the way the offer will find the demand, means how we get the products we want and need to live. The theme of the event was „fairness is another way“ so I thought to find answers to my questions.

I was a little late. The event was not at the arranged location so I went to a nice restaurant where the politics met. As I arrived I recognized that I was the only visitor of the event. I was a little astonished. The group begged me to invite myself. I did and asked for them, how they want to deal with the issue of employment related to automatisation after 3D printer, selfdriving cars, robotics and speech recognizing systems have been developed and installed in industrie. All those products will work in sectors with high numbers of workforce. I see a high unemployment rates because this systems will free a lot of jobs. And I don‘t think that all those poeple will find work in the service sector.

Mr Bothner, ver.di Hessen, gave me the answers. He described that there will be many poeple who will find a high waged job. We have much more millionaires in Germany than several years ago. Those poeple have to staff their household with butlers, nannies, family care workers. In German middle class families it is not use to staff your household with such employees. I don‘t know many middle class families who do that. So he said there has to be a revaluation of these professions so the money makers have to employ them to hold their gentility. Simultaneously the high waged workers will work less times because the machines will do more and more the work of them. So they have to use the time to improve their skills. I reply this concept we denied in the 1980s. Also in the 1990s Joschka Fischer, German foreign minister that time, called this neo-feudalism. And if you revaluate the jobs in social sector the workers want more money. Who should pay this? The new high skilled workers? There was no answer. I was astonished about this concept hearing it from a funcpflegeberuf

On 9th of August 2017 there was an event related to the parlamentary vote in Frankfurt/Main, my residence. Until today I don‘t know exactly what party I should vote because I see a lot of questions relating to the automatisation process in the next decades. I don‘t know how the politics will manage the way the offer will find the demand, means how we get the products we want and need to live. The theme of the event was „fairness is another way“ so I thought to find answers to my questions.

I was a little late. The event was not at the arranged location so I went to a nice restaurant where the politics met. As I arrived I recognized that I was the only visitor of the event. I was a little astonished. The group begged me to invite myself. I did and asked for them, how they want to deal with the issue of employment related to automatisation after 3D printer, selfdriving cars, robotics and speech recognizing systems have been developed and installed in industrie. All those products will work in sectors with high numbers of workforce. I see a high unemployment rates because this systems will free a lot of jobs. And I don‘t think that all those poeple will find work in the service sector.

Mr Bothner, ver.di Hessen, gave me the answers. He described that there will be many poeple who will find a high waged job. We have much more millionaires in Germany than several years ago. Those poeple have to staff their household with butlers, nannies, family care workers. In German middle class families it is not use to staff your household with such employees. I don‘t know many middle class families who do that. So he said there has to be a revaluation of these professions so the money makers have to employ them to hold their gentility. Simultaneously the high waged workers will work less times because the machines will do more and more the work of them. So they have to use the time to improve their skills. I reply this concept we denied in the 1980s. Also in the 1990s Joschka Fischer, German foreign minister that time, called this neo-feudalism. And if you revaluate the jobs in social sector the workers want more money. Who should pay this? The new high skilled workers? There was no answer. I was astonished about this concept hearing it from a functionary of the biggest German union Ver.di. But I was on an event of the SPD, a political partie, a decision maker in the Germany, so I asked the members of the SPD about the theme. The answer I got was that there are many interfaces so there will be no remarkable changes, nothing more.

Less working workforce earns much money and much working workforce earning less money, a concept that looks better for conservative parties like the CDU and not the SPD, a mid left partie of Germany. I was astonished.

I know that there is a pilot project where unemployed get 1000,00€ basic income guarantee a month for some Germans. In an privat talk with an SPD functionary I learned, that there are discussions about a basic income guarantee of the minimum wage, that means 8,83€ an hour or 1529,00€ a month. Oh well I said, but if you do that you have to install incentives to let the people do the work that have to be done in the low level wage sector. People can live pretty good with that income, so most of them don‘t want to work in unpleasant jobs, like butlers, nannies, family care workers. Also you have to educate the people in a responsible way of living. No society need an increasing rate of kiffers or beer and wine drinking people sitting in their living rooms watching tv with dull brains. But this question was not answered.

After one and a half hours I knew only a little more, but there is no precise concept about the tomorrow economy or society. All I found looks like a take-it-as-it-comes engagement and creating a double standard society of poor working people and a sort of a rich leisure suit.

But the management of automatisation will decide if I will get my pension and sill set the future living standard. This issue is a relevant factor creating the future of our country. I ask myself if the members of parlament are not overpaid.

Also I ask myself if a middle left political party should provide projects like a double standad society. The event was named “fairness is another way“. That‘s what I feel listening to the design of a society Mr. Bothner delivers to me. For left wing parties this sort of fairness will not be affordable.

tionary of the biggest German union Ver.di. But I was on an event of the SPD, a political partie, a decision maker in the Germany, so I asked the members of the SPD about the theme. The answer I got was that there are many interfaces so there will be no remarkable changes, nothing more.

Less working workforce earns much money and much working workforce earning less money, a concept that looks better for conservative parties like the CDU and not the SPD, a mid left partie of Germany. I just was astonished.

I know that there is a pilot project where unemployed get 1000,00€ basic income guarantee a month for some Germans. In an privat talk with an SPD functionary I learned, that there are discussions about a basic income guarantee of the minimum wage, that means 8,83€ an hour or 1529,00€ a month. Oh well I said, but if you do that you have to install incentives to let the people do the work that have to be done in the low level wage sector. People can live pretty good with that income, so most of them don‘t want to work in unpleasant jobs, like butlers, nannies, family care workers. Also you have to educate the people in a responsible way of living. No society need an increasing rate of kiffers or beer and wine drinking people sitting in their living rooms watching tv with dull brains. But this question was not answered.

After one and a half hours I knew only a little more, but there is no precise concept about the tomorrow economy or society. All I found looks like a take-it-as-it-comes engagement and creating a double standard society of poor working people and a sort of a rich leisure suit.

But the management of automatisation will decide if I will get my pension and sill set the future living standard. This issue is a relevant factor creating the future of our country. I ask myself if the members of parlament are not overpaid.

Also I ask myself if a middle left political party should provide projects like a double standad society. The event was named “fairness is another way“. That‘s what I feel listening to the design of a society Mr. Bothner delivers to me. For left wing parties this sort of fairness will not be affordable.

On 16th March of 2018 the new health secretary Spahn said, that he wants to upgrade the value of the healthcare professions. The worker also should get more money.