Schlagwort-Archive: Trump

Corona, Job Losses And Economy

Fincial Times wrote in November of 2012 that the biggest Swuiss bank, UBS, plans to lay off 10,000 jobs, 1/6 of it‘s global work force.

The renowned German economy newspaper „Handelsblatt“ wrote on 8th of September 2019 that there were 30,000 job cuts in investment banking sector globally straight to recession risk, regulation and digitising.

Bloomberg reports that UBS has implemented a new regulation that hiring of one backoffice employee will be only possible in exchange for 5 employees who left the company, so Handelsblatt wrote.

The VW daughter Audi plans 10,000 job cuts to reduce costs and to begin to restructure the company to produce more electro-cars.

VW plans 5,000 to 7,000 job cuts to increase the profit to 5.9bio € pa by 2023 and automatization ratio.

The renowned german newspaper BILD reported an 09th of October 2020 that BMW plans to shrink the production and salary significantly. All every 74 seconds one new BMW car will be produced instead of 69 seconds before. On 13th of February 2020 Merkur reported that 17 weeks the production will be delayed because of corona virus.

Lufthansa chief Carsten Spohr said on rp-online that on 24th of April 2020 he will cut the work force by 10.000 employees. Lufthansa has to fight with strike waves in the recent 2 years as it‘s work force demand signifcantly more salary. Millions of passengers have ot switch their flights to other airlines which shrink the profit of Lufthansa signifcantly. The German government bought 20% of Lufthansa assetts to give Lufthansa the necessary liquidity and defend the company from merging and aquisition. German government also have bought an option for 5% and 1 assett more to receive the veto right if an aquisition threatens.

Procter and Gamble has announced in August of 2018 that with a globally workforce decreasing from 121,000 people in 2013 to 92.000 people in 2018, the number of jobs at the company is at an all-time low.

The German chemistry conglomerate Bayer will cut 1 in 7 of its 32,000 jobs in Germany. The company is undergoing a massive restructuring as it faces legal and financial tests. ( Source dw.com, 9th of April 2019 ).

The German car parts giant Continental prefigure the loss of 5,500 jobs by 2028 to save 500mio€ annually.

https://www.thelocal.de/20191120/german-car-parts-giant-continental-confirms-it-will-slash-5500-jobs

On May 17 2019When the Austrian billionaire and investor René Benko is taking complete control over the major German department store chain Galeria Karstadt Kaufhof, the union Verdi and the company works councils signed an agreement and redundancy plan to slash 2,000 full-time jobs—1,000 management and administrative staff (mainly in the old Kaufhof headquarters in Cologne) and another 1,000 full-time jobs in shops. The decision will result in more branch closures and cuts to jobs and wages.

https://www.wsws.org/en/articles/2019/06/15/kauf-j15.html

Marketwatch announced on Feb. 26, 2019 that General Electric Co. disclosed that it shed 30,000 workers last year as the conglomerate restructured its operations and sold off some business lines.

On 1 of February, 2019 CNBC announced that General Motors offered buyots to 17,700 employees in November 2019 while expecting to 4,000 invountary job cuts.

In a report on first of October 2019 dw.com announced that 2600 employees at the Opel factory in Germany’s Rüsselsheim will be working reduced hours for six months. The company is struggling long time as it‘s car sales has been very low. The french car conglomerate PSA has aquired and restructures the company. Opel makes now profit again. The corona crisis could bring it to losses again so there will be some government compensation for affected workers, including partial, untaxed pay from unemployment insurance.

The global economy has a period of 10 years of booming economy behind with indexes rising to all time highs. A correcting scenario was overdue. All those measures affecting the labour market are not caused by Corona virus but caused by market correction. And more, the new technologies will further affect the market. In USA the agriculture industry use self working agriculture devices like combine harvesters, tractors and so on. In Europe those devices are not in use. The robotic technologies will develop to serial production. Will this technology be in common use the workforce will shrink again, also with or without a corona pandemic szenario.

If we learn to think not in those old doctrines like capitalism, communism, mercantilism but in the fortunes which every of these old systems have, we could have the posibility to learn a new system within a content life will be possible. The free market is an illusion. We have to much regulation in each sector. Communism is also deprecated in the times of lean production and just-in-time delivery. And capitalism pushes the envelope. Civilisations which are not able to assimilate with the requirements will be melted and supplanted by an other, perhaps the West by the Asian, the USA by the Chinese.

Award for Baby owl rescue

Teng Qianguo, a villager in northwest China’s Gansu Province,  saved an Eurasian eagle owl chick.  On his way home he found the chick on the floor. It has dropped from its nest on a stormy day. He  took it home and made sure that it survived. Then he contacted the Ganzhou District Wildlife Protection Station for professional help.

Teng was awarded a certificate of honor for his kindness.The Eurasian eagle owl is one of the largest species of owls and under second-class state protection in China.

Source: cgtn.com

An adult eagle owl could be 30 inches high and could has a wingspan up to 6ft 2in.

Source: Wikipedia.org

 

 

 

 

 

 

 

Corona medication in phase III study could be available soon

Novartis and the US pharma corporation Incyte are planning to test their Corona medication Jakavi in a phase III study. Phase III studies are on humans. Jakavi should assuate the cytokine storm a type of severe immune overreaction that can result from corona infection and may contribute to respiratory compromise in patients with corona infection and should expedite the recovery.

Phase III study means that the medication could soon be available for patients to buy.

 

 

USA, EU rejecting oil of Saudi Arabia

American and European refiners rejecting ot accept oil of Saudi Arabia even at discount prices. As the storage is full a crude glut set the price of WTI to 20,15USD/barrel and Brent to 22,80USD/barrel. India‘s demand is also decreasing as it has to shut down the industry to counter Corona epedemy. 52 Indian ports have invoked a force majeure amid the outbreak, allowing them to cancel orders without incurring penalties.

The decline of EU oil imports will be partial compensate from Russia, side tracking sanktions linking the trade route over China while China itself has a rebound of it‘s economy as there are no new Cornona infections. So the demand of fresh oil in China will start. That will support Russia and the OPEC demand of control the oil production and this will lead to rising oil prices.

USA was one of the biggest oil exporters of the world, temporarily the biggest. The USA has evicted the debt threshold in its budget. The state debt of the USA is rising dramatically. So the US government don’t feed the Web-Site https://www.usdebtclock.org with the acztual numbers.

At https://fsapps.fiscal.treasury.gov/dts/files/20032600.pdf you can find the amount of $23,514,802 mio$ of Total Public Debt Outstanding. The budget for 2020 is

With prices at 20-30$/barrel the USA can‘t produce its fracking oil, because the costs would be higher than the revenue. USA needs urgently higher oil prices to finance it‘s budget with the preoceeds of it‘s oil business. This applies especially to the WTI oil market as Western Texas Intermdiate refers to the high quality US oil market. The US oil storage shows a demand of 1,250mio barrels. That means that the storage is not full despite the record low in oil prices.

Moody’s, meanwhile, says it expects prices to stabilize to $40-$55 a barrel for the year 2020, and grow to $50-$55 a barrel in 2021 pending a resumption in global economic growth.

 

 

 

 

 

Sind die Corona-Maßnahmen gerechtfertigt?

In der BRD sind von 4233 Coroanfälle 10 tödlich verlaufen, 46 wurden als geheilt gemeldet.

In Bayern sind am 15.03.20 2 weitere Fälle gemeldet worden. Ein über 80 Jähriger mit Vorerkrankung und eine 86-jährige in Kempten.

Am Donnerstag, den 19.03.20, war ein über 80 Jähriger in Würzburg an Corona verstorben. Die bisherigen Todesfälle sind zwischen 67 und 89 Jahre alt, teilweise mit Vorerkrankung. Es spricht viel dafür, dass ein Mensch mit intaktem Immunsystem von dem Coronavirus infiziert wird und unter Auswirkungen leiden wird, die denen eines grippalem Infektes ähnlich sind. Alte und Kranke, insbesondere mit Atemwegs- und Lungenerkrankungen sind jedoch gefährdet zu ersticken.

Deutschland schließt die Schulen bis nach den Osterferien. Die Grenzen werden schärfer kontrolliert, um auch Hamsterkäufe, die ins Ausland gehen zu verhindern.

Die Versammlungsfreiheit ist stark eingeschränkt. Versammlungen über 50 Personen wurden verboten, Gaststätten geschlossen. Dieses Versammlungsverbot würde, wenn es konsequent in Anwendung kommt, die Schliessung von Supermärkten und Betrieben mit über 50 Mitarbeitern rechtfertigen. Busse und Bahnen dürften nicht mehr fahren, weil dort die Menschen dicht nebeneinander sitzen und stehen und dort die Gefahr der Ansteckung überproportional hoch ist. Die Zustände in den öffentlichen Verkehrsmittel sind in den Haupt-verkehrszeiten aus virologischer Sicht der Supergau.

Die Menschen sollen einen Abstand von über einen Meter halten. Das ist in Call-Centern und Grossraum Büros teilweise nicht möglich, es sei denn, man lässt Arbeitsplätze unbesetzt. Auch Schlangen vor Kassen, Bank- und Info-Schaltern würden sich in die Länge ziehen, Uninformierte würden die Abstände fehl- interpretieren und sich an der Schlange vorbei „vordrängeln“. Das würde zu Unruhe und langen Schlangen führen, für die mancher Ort nicht ausgelegt ist. Durch die Einreise- und Ausreisesperren wird der Ostertourismus stark eingeschränkt, was zu großen Gewinneinbrüchen in der Touristikbranche führen kann. Betriebsschliessungen bei Coronaverdacht und der stark eingeschränkte Güterverkehr lassen die Produktion stehen. Auch hier gibt es Gewinneinbrüche, aber nicht nur.

Die Warenversorgung, auch mit lebenswichtigen Gütern, kann durch einen Produktionsstop nicht mehr gewährleistet werden. So legte Fiat-Chrysler mehrere Werke still, Seat hat Probleme mit der Lieferkette, heißt, dass nicht mehr sichergestellt ist, dass alle zur Produktion benötigten Teile vorhanden sind. Dann können bestimmte Modelle nicht mehr geliefert werden.

Mercedes und VW haben mitlerweile die Produktion bestimmter Modelle eingestellt.

Probleme solcher Art können auch in anderen Branchen als in der Automobilindustrie auftreten. Treten sie in lebenswichtigen Industriezweigen auf, kann die Versorgung mit lebenswichtigen Gütern in Frage gestellt sein.

Wie diese bei einer verhängten Ausgangssperre sichergestellt werden soll bleibt abzuwarten. Bisher wurde in Deutschland keine Ausgangssperre verhängt, jedoch diskutiert.

Die Zahl der täglich erfassten Neuinfektionen in Süd Korea ist zum ersten mal seit 3 Wochen auf unter 100 zurückgegangen, am Samstag wurden 76 Neuerkrankeungen erfasst. 8162 Menschen sind in Süd Korea als mit Corona infiziert erfasst, insgesamt sind in Süd Korea 8162 Coronaerkrankungen registriert bei 75 Todesfällen. Das sind knapp 0,92%. Die Todesrate liegt damit ca 4 mal so hoch wie bei der Grippe Epedemie in Deutschland in 2017/18.

Bundeskanzlerin Angela Merkel rechnet mit einer Infektionsrate der Bevölkerung von 50% bis 60%. Lege ich die Ratio Süd Koreas zu Grunde ist in Deutschland mit ca. 440.000 Todesfällen wegen Corona zu rechnen, unter der Bedingung, dass kein Medikament gegen den Virus entwickelt wird. Allerdings ist die Bevölkerung Süd Koreas anders strukturiert als die der BRD. Es gibt weniger Greise, die Risikogruppe ist kleiner als in der BRD.

Es ist davon auszugehen, dass es in 2020 noch keine zugelassenen Impfungen geben wird. In China wurden jedoch nach positiven Labortests gegen SARS-CoV-2 bekannt, dass sich Chloroquin, das gegen Malaria eingesetzt wird, in einer klinischen Studie als wirksam gegen Corona erwiesen habe.

Falls das stimmt kann es in wenigen Wochen, global erhältlich, ein Medikament gegen den Virus geben. Es gibt in der Pharmaindustrie verschiedene Erfolg versprechende Tests.

Ein Versammlungsverbot sollte also nur für Immunschwache gelten. Den gesunden Menschen dürfte das Virus nicht ernsthaft gefährden können. Dies gilt auch für die größten Versammlungsorten in der Nation, den Arbeitsplätzen. Es macht wenig Sinn den kompletten Bildungsbereich lahm zu legen, in dem hauptsächlich Menschen jenseits der Risikogruppe tätig sind und die Unternehmen und die Menschenansammlungen auf der Arbeit und den öffentlichen Verkehrsmitteln zuzulassen. Unter den Werktätigen gibt es weitaus mehr Menschen in der Risikogruppe als in den Schulen und Universitäten.

Ob und in wie weit eine aufkommende Epidemie die Maßnahmen der Regierung rechtfertigt stelle ich in Frage. Sie sind zumindest rational nicht konsequent durchdacht. Wir müssen uns so verhalten, dass die Intensivstationen der Krankenhäuser nicht überlastet sind, dass immer genug Atemgeräte für die Patienten zur Verfügung stehen, die unter Atemnot in die Krankenhäuser eingeliefert werden. Und das schaffen wir, indem wir die Infektionsgeschwindigkeit in der Bevölkerung verzögern. Dies bedingt aber konsequente, politische Entscheidungen, die die jungen und gesunden Menschen in die Arbeit lässt und die Menschen mit geschwächtem Immunsystem, eben die, die in der Risikogruppe sind, unter Hausarrest stellt. Und der öffentliche Nahverkehr sollte Ruhen.

Abschliessend möchte ich anmerken, dass immer mehr Antibiotika ihre Wirksamkeit verlieren und die letzte Grippewelle die mit den meisten Todesfälle der letzten 30 Jahre war.

Quellen:

https://influenza.rki.de/Saisonberichte/2018.pdf

https://www.morgenpost.de/vermischtes/article228219843/Grippe-200-Tote-120-000-Infizierte-Grippewelle-in-Deutschland-2020-besonders-heftig.html

https://www.aerzteblatt.de/nachrichten/106375/Grippewelle-war-toedlichste-in-30-Jahren

http://destatis.de

http://wikipedia.de

https://www.zeit.de/wissen/gesundheit/2020-03/christian-drosten-coronavirus-pandemie-deutschland-virologe-charite?utm_source=pocket-newtab

 

 

 

 

 

 

 

 

Are Facebook, Amazo, Apple, Netflix and Alphabet really dangerous influencers?

Analysts denominate the successful tech-giants Facebook, amazon, Apple, Netflix and Google as FAANG. The value of this 5 Corporations is mor ethan 3 bio $. With that capital this corporates are able to bias tax policies, international agreements and other politics the way they like. Politics become sensible of that problem and want to split this giants into different companies.

 

Corporation

Value 2019

Equity Capital 2018

Facebook

415,9bio€

84,127bioUSD

Amazon

853,8bio€

27,709bioUSD

Apple

847,2bio€

107.147bioUSD

Neflix

146,3bio€

2.239bioUSD

Alphabet

650,1bio€ (Alphabet A)

177.628bioUSD

Finanzen.net

Macrotest data showed also a high increasing cash on hand.

Facebook cash on hand for 2016 was $29.449bio, a 59.75% increase from 2015

Facebook cash on hand for 2017 was $41.711bio, a 41.64% increase from 2016

Facebook cash on hand for 2018 was $41.114bio, a 1.43% decline from 2017

Facebook cash on hand for the quarter ending March 31, 2019 was $45.243bio, a 2.93% increase year-over-year

 

Amazon cash on hand for 2016 was $25.981bio, a 31.16% increase from 2015

Amazon cash on hand for 2017 was $30.986bio, a 19.26% increase from 2016

Amazon cash on hand for 2018 was $41.25bio, a 33.12% increase from 2017

Amazon cash on hand for the quarter ending March 31, 2019 was $37.020bio, a 48.3% increase year-over-year.

 

Apple cash on hand for 2016 was $67.155bio, a 61.43% increase from 2015

Apple cash on hand for 2017 was $74.181bio, a 10.46% increase from 2016

Apple cash on hand for 2018 was $66.301bio, a 10.62% decline from 2017

Apple cash on hand for the quarter ending March 31, 2019 was $80.092bio, a 8.92% decline year-over-year

 

Netflix cash on hand for 2016 was $1.734bio, a 24.97% decline from 2015

Netflix cash on hand for 2017 was $2.823bio, a 62.81% increase from 2016

Netflix cash on hand for 2018 was $3.794bio, a 34.42% increase from 2017

Netflix cash on hand for the quarter ending March 31, 2019 was $3.349bio, a 29.11% increase year-over-year

 

Alphabet cash on hand for 2016 was $86.333bio, a 18.16% increase from 2015

Alphabet cash on hand for 2017 was $101.871bio, a 18% increase from 2016

Alphabet cash on hand for 2018 was $109.14bio, a 7.14% increase from 2017

Alphabet cash on hand for the quarter ending March 31, 2019 was $113.488bio, a 10.31% increase year-over-year

With a cash on hand of 113.488bio$ Alphabet could buy an African country or a corporation if its like and accumulated this 5 corporations have a cash, dated at the end of the first quarter, of 2019 of 279.19bio$. By comparison the budget of Germany in 2019 is 356.4 bio € and it‘s BIP in 2018 was 3,996.76bioUSD. The BIP of Togo in Africa in 2018 was 5bio$. The BIP of the USA in 2018 was 20,494.1bio$ the federal budget of 2019 is 4.407 trillion$.

A quarter of the federal budget of the USA owns the 25 richest families in the world, namely 1100bio$. That estimates capital.de in a report at June, 24th of 2019. The richest family Walton has a fortune of estimated 151.5bio$. The family regained the Walmart Imperium and and owns more than 50% of its assetts. The wealth  of the family overtakes the worth of Netflix.

The brothers David and Charles Koch are the owner of Koch Industries and are valued with 98.7bio$. They support active the political right wing sector with high valued donors.

The Mars family controls the schocolate imperium Mars which produces candy bars and food for animals. Their fortune is estimated 89.7mrd$.

Any of that families is able to bias states and work as a political influencer. The families have tradition and are well connected. The tech giants and their owners will live in their tradition.

The table below shows the donors of David and Charles Koch in 2012.

Source: Wikipedia.org;  Robert Maguire – http://www.opensecrets.org/news/assets_c/2014/01/flow%20final-11708.html[toter Link], CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=30598829

 

 

 

 

 

 

 

US Iran Sanctions Could Lead to Inflation Jump

Iran could see inflation jump to the highest level since 1980, according to the International Monetary Fund. The Islamic Republic faces tighter U.S. oil sanctions. Target is also the financial sector. The US president Donald Trump, on 09th of May 2019, announces also to sanction the mining sector.

China and India are the biggest trading partners of Iran.

China’s crude imports  climbed to a record of 43.73 million tons of crude in April, or 10.68 million barrels a day, according to Bloomberg calculations based on data from General Administration of Customs in Beijing. That’s the most since 2010. China was a waiver. It stock up on Iranian oil before exemptions from U.S. sanctions expired on May 2 offset the effect of maintenance shutdowns by local refiners. The Chinese refineries boosted Iranian oil imports before their status changed on 2th of May, 2019, when sanctions became operative.

India is not able to abstain from Iran oil. After India received the sanctions waiver status, only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil lower than 500.000 bpd. that Iran was hoping to sell to its second-biggest oil client after China. Indian refiners raised purchases from Iran in April-October 2018, drawn to almost free shipping and extended credit offered by Tehran to boost sales and cut the Iran oil imports by 40% at about 313,400 bpd.

It normally takes 22 days for Iranian cargoes to arrive in China, so shipments are likely to drop significantly for May arrivals as observed exports from the Islamic Republic fell 67 percent in April from March.

But there is much more than oil affected by the sanctions. Iran has a viral car industrie producing about 1.1 to 1.5 mio cars yearly. The car industrie and automotive makes 10% of Iran GDP. Iran Khodro is the largest car manufacturer in the Middle East.

China’s crude imports  climbed to a record of 43.73 million tons of crude in April, or 10.68 million barrels a day, according to Bloomberg calculations based on data from General Administration of Customs in Beijing. That’s the most since 2010. China was a waiver. It stock up on Iranian oil before exemptions from U.S. sanctions expired on May 2 offset the effect of maintenance shutdowns by local refiners. The Chinese refineries boosted Iranian oil imports before their status changed on 2th of May, 2019, when sanctions became operative.

India is not able to abstain from Iran oil. After India received the sanctions waiver status, only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil lower than 500.000 bpd. that Iran was hoping to sell to its second-biggest oil client after China. Indian refiners raised purchases from Iran in April-October 2018, drawn to almost free shipping and extended credit offered by Tehran to boost sales and cut the Iran oil imports by 40% at about 313,400 bpd.

It normally takes 22 days for Iranian cargoes to arrive in China, so shipments are likely to drop significantly for May arrivals as observed exports from the Islamic Republic fell 67 percent in April from March.

But there is much more than oil affected by the sanctions. Iran has a viral car industrie producing about 1.1 to 1.5 mio cars yearly. The car industrie and automotive makes 10% of Iran GDP. Iran Khodro is the largest car manufacturer in the Middle-East. It has established joint-ventures with foreign partners on 4 continents. The raw materials and parts supply must be secured if Iran want to hold it‘s status in Arabia and serve the demand of cars and parts. The maintaining of the cars must be guaranteed.

An oil pipeline in the Iranian province of Khuzestan exploded yesterday Iran’s state news agency IRNA reported. The cause of the blast was accidental, according to media reports. The existing pipelines have to be maintained or explosions could become more frequently. It was the second blast in the last two months.

As Iran Business News in September 2018 reported has an Iranian petrochemical company achieved the technical know-how to make special catalysts used for gasoline production, making Iran the world’s second producer of such advanced component and helping it earn as much as $60 billion a year in export revenue. Iran is now the second country in the world, after the US, that makes such high-tech catalysts, he added, noting that 9 Iranian refineries and 11 petrochemical plants have begun to use the homegrown catalysts.The new technology helps Iran save around $1 billion each year, reduce the sale of crude oil, and reap $60 billion in profit per annum through exports, Sobhani added. He said Iran’s daily production of Euro 4 and Euro-5-compliant gasoline using domestically-made catalysts stands at 96 million liters, saying such achievement has made the country invulnerable to gasoline-related sanctions.

Catalysts are major components of gasoline isomerization process during which low-octane oil fractions are turned into high-octane commercial gasoline. Iran is in direct competition to USA in a multi billion $ market with this product.

the Islamic Republic faces tighter U.S. oil sanctions coupled with a weakening currency

And thats not all. The Iranian industries includes energy and petrochemicals, mining, automakers and -parts, energy and petrochemicals, banking and financial services, steel, communications, insurance, utilities and infrastructure, transportation, beverage and food, construction and building materials, retailers, pharmatceutical, industrial equipment and machinery, computers and electronics, paper and wood, shipbuilding, aerospace and defense, Internet Service Provider and telecommunication, apparel, footwear and textiles, hospitality, IT sector, ćonsumer goods, Toruism, railway and road maintaining. And of course it has its own Airline, Media and Entertainment.

If all this sectors should function the supply chain and the maintaining has to be secured. Iran will do anything to escape isolation. India has high interest to elaborate it‘s economic and political relations to Iran as India invests 6% of it‘s aid to Iran to built the harbour in Chabahar. India wants to secure with the harbour in Chabahar it‘s trade with Afghanistan without transporting goods through Pakistan. Chabahar will be also the gate to Africa. Also China is involved in infrastructure projects in Iran in line with it‘s road and belt initiative and Iran has colaborations with different international conglomerates. So Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies. Also European companies are involved in planning and construction new plants.

And what‘s about the money for licenses?

Iranian companies like PRTC seeks innovation and development by establishing new ties with international companies. In 2017 PRTC had inked 8 memoranda of understanding (MoUs) and deals with foreign partners including chemical giants like BASF, Axens and IFP for cooperation on various petrochemical and projects. The MoU with Axens and IFP concern licensing new technologies, production of items based on the latest technologies like catalysts, absorbents and additives, cooperation in designing processes, construction of catalysts and jointly developing and marketing technical savvy in petrochemical industry.

Iran is an upcoming nation. World economic forum forecast ranking Iran on 17th with a GDP of 3.900 trio $ annually by 2050.

https://www.weforum.org/agenda/2017/12/these-will-be-the-most-powerful-economies-in-the-world-by-2050

The US administration has announced a series of new sanctions against Iran, aimed at driving its oil exports down to zero. But Iran is no less developed country and much more than oil. And USA are sanctionising not only the oil sector.

With the new US threat and the aggression of Israel Iran could feel to be forced to take action against it‘s enemies. The European nations, India and China have to decide if they support an Iran with mid range rockets and atomic bombs, rockets which can reach their mainland. China has to fight an US threat by themself. It can win an ally.

iddle-East. It has established joint-ventures with foreign partners on 4 continents. The raw materials and parts supply must be secured if Iran want to hold it‘s status in Arabia and serve the demand of cars and parts. The maintaining of the cars must be guaranteed.

An oil pipeline in the Iranian province of Khuzestan exploded yesterday Iran’s state news agency IRNA reported. The cause of the blast was accidental, according to media reports. The existing pipelines have to be maintained or explosions could become more frequently. It was the second blast in the last two months.

As Iran Business News in September 2018 reported has an Iranian petrochemical company achieved the technical know-how to make special catalysts used for gasoline production, making Iran the world’s second producer of such advanced component and helping it earn as much as $60 billion a year in export revenue. Iran is now the second country in the world, after the US, that makes such high-tech catalysts, he added, noting that 9 Iranian refineries and 11 petrochemical plants have begun to use the homegrown catalysts.The new technology helps Iran save around $1 billion each year, reduce the sale of crude oil, and reap $60 billion in profit per annum through exports, Sobhani added. He said Iran’s daily production of Euro 4 and Euro-5-compliant gasoline using domestically-made catalysts stands at 96 million liters, saying such achievement has made the country invulnerable to gasoline-related sanctions.

Catalysts are major components of gasoline isomerization process during which low-octane oil fractions are turned into high-octane commercial gasoline. Iran is in direct competition to USA in a multi billion $ market with this product.

And thats not all. The Ir

China an d India are the biggest trading partners of Iran.

China’s crude imports climbed to a record of 43.73 million tons of crude in April, or 10.68 million barrels a day, according to Bloomberg calculations based on data from General Administration of Customs in Beijing. That’s the most since 2010. China was a waiver. It stock up on Iranian oil before exemptions from U.S. sanctions expired on May 2 offset the effect of maintenance shutdowns by local refiners. The Chinese refineries boosted Iranian oil imports before their status changed on 2th of May, 2019, when sanctions became operative.

India is not able to abstain from Iran oil. After India received the sanctions waiver status, only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil lower than 500.000 bpd. that Iran was hoping to sell to its second-biggest oil client after China. Indian refiners raised purchases from Iran in April-October 2018, drawn to almost free shipping and extended credit offered by Tehran to boost sales and cut the Iran oil imports by 40% at about 313,400 bpd.

It normally takes 22 days for Iranian cargoes to arrive in China, so shipments are likely to drop significantly for May arrivals as observed exports from the Islamic Republic fell 67 percent in April from March.

But there is much more than oil affected by the sanctions. Iran has a viral car industrie producing about 1.1 to 1.5 mio cars yearly. The car industrie and automotive makes 10% of Iran GDP. Iran Khodro is the largest car manufacturer in the Middle-East. It has established joint-ventures with foreign partners on 4 continents. The raw materials and parts supply must be secured if Iran want to hold it‘s status in Arabia and serve the demand of cars and parts. The maintaining of the cars must be guaranteed.

An oil pipeline in the Iranian province of Khuzestan exploded yesterday Iran’s state news agency IRNA reported. The cause of the blast was accidental, according to media reports. The existing pipelines have to be maintained or explosions could become more frequently. It was the second blast in the last two months.

As Iran Business News in September 2018 reported has an Iranian petrochemical company achieved the technical know-how to make special catalysts used for gasoline production, making Iran the world’s second producer of such advanced component and helping it earn as much as $60 billion a year in export revenue. Iran is now the second country in the world, after the US, that makes such high-tech catalysts, he added, noting that 9 Iranian refineries and 11 petrochemical plants have begun to use the homegrown catalysts.The new technology helps Iran save around $1 billion each year, reduce the sale of crude oil, and reap $60 billion in profit per annum through exports, Sobhani added. He said Iran’s daily production of Euro 4 and Euro-5-compliant gasoline using domestically-made catalysts stands at 96 million liters, saying such achievement has made the country invulnerable to gasoline-related sanctions.

Catalysts are major components of gasoline isomerization process during which low-octane oil fractions are turned into high-octane commercial gasoline. Iran is in direct competition to USA in a multi billion $ market with this product.

And thats not all. The Iranian industries includes energy and petrochemicals, mining, automakers and -parts, energy and petrochemicals, banking and financial services, steel, communications, insurance, utilities and infrastructure, transportation, beverage and food, construction and building materials, retailers, pharmatceutical, industrial equipment and machinery, computers and electronics, paper and wood, shipbuilding, aerospace and defense, Internet Service Provider and telecommunication, apparel, footwear and textiles, hospitality, IT sector, ćonsumer goods, Toruism, railway and road maintaining. And of course it has its own Airline, Media and Entertainment.

If all this sectors should function the supply chain and the maintaining has to be secured. Iran will do anything to escape isolation. India has high interest to elaborate it‘s economic and political relations to Iran as India invests 6% of it‘s aid to Iran to built the harbour in Chabahar. India wants to secure with the harbour in Chabahar it‘s trade with Afghanistan without transporting goods through Pakistan. Chabahar will be also the gate to Africa. Also China is involved in infrastructure projects in Iran in line with it‘s road and belt initiative and Iran has colaborations with different international conglomerates. So Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies. Also European companies are involved in planning and construction new plants.

And what‘s about the money for licenses?

Iranian companies like PRTC seeks innovation and development by establishing new ties with international companies. In 2017 PRTC had inked 8 memoranda of understanding (MoUs) and deals with foreign partners including chemical giants like BASF, Axens and IFP for cooperation on various petrochemical and projects. The MOU with Axens and IFP concern licensing new technologies, production of items based on the latest technologies like catalysts, absorbents and additives, cooperation in designing processes, construction of catalysts and jointly developing and marketing technical savvy in petrochemical industry.

Iran is an upcoming nation. World economic forum forecast ranking Iran on 17th with a GDP of 3.900 trio $ annually by 2050.

https://www.weforum.org/agenda/2017/12/these-will-be-the-most-powerful-economies-in-the-world-by-2050

The US administration has announced a series of new sanctions against Iran, aimed at driving its oil exports down to zero. But Iran is no less developed country and much more than oil. And USA are sanctionising not only the oil sector.

With the new US threat and the aggression of Israel Iran could feel to be forced to take action against it‘s enemies. The European nations, India and China have to decide if they support an Iran with mid range rockets and atomic bombs, rockets which can reach their mainland. China has to fight an US threat by themself. It can win an ally.

anian industries includes energy and petrochemicals, mining, automakers and -parts, energy and petrochemicals, banking and financial services, steel, communications, insur

the Islamic Republic faces tighter U.S. oil sanctions coupled with a weakening currency

ance, utilities and infrastructure, transportation, beverage and food, construction and building materials, retailers, pharmatceutical, industrial equipment and machinery, computers and electronics, paper and wood, shipbuilding, aerospace and defense, Internet Service Provider and telecommunication, apparel, footwear and textiles, hospitality, IT sector, ćonsumer goods, Toruism, railway and road maintaining. And of course it has its own Airline, Media and Entertainment.

If all this sectors should function the supply chain and the maintaining has to be secured. Iran will do anything to escape isolation. India has high interest to elaborate it‘s economic and political relations to Iran as India invests 6% of it‘s aid to Iran to built the harbour in Chabahar. India wants to secure with the harbour in Chabahar it‘s trade with Afghanistan without transporting goods through Pakistan. Chabahar will be also the gate to Africa. Also China is involved in infrastructure projects in Iran in line with it‘s road and belt initiative and Iran has colaborations with different international conglomerates. So Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies. Also European companies are involved in planning and construction new plants.

And what‘s about the money for licenses?

Iranian companies like PRTC seeks innovation and development by establishing new ties with international companies. In 2017 PRTC had inked 8 memoranda of understanding (MoUs) and deals with foreign partners including chemical giants like BASF, Axens and IFP for cooperation on various petrochemical and projects. The MOU with Axens and IFP concern licensing new technologies, production of items based on the l

China an d India are the biggest trading partners of Iran.

China’s crude imports climbed to a record of 43.73 million tons of crude in April, or 10.68 million barrels a day, according to Bloomberg calculations based on data from General Administration of Customs in Beijing. That’s the most since 2010. China was a waiver. It stock up on Iranian oil before exemptions from U.S. sanctions expired on May 2 offset the effect of maintenance shutdowns by local refiners. The Chinese refineries boosted Iranian oil imports before their status changed on 2th of May, 2019, when sanctions became operative.

India is not able to abstain from Iran oil. After India received the sanctions waiver status, only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil lower than 500.000 bpd. that Iran was hoping to sell to its second-biggest oil client after China. Indian refiners raised purchases from Iran in April-October 2018, drawn to almost free shipping and extended credit offered by Tehran to boost sales and cut the Iran oil imports by 40% at about 313,400 bpd.

It normally takes 22 days for Iranian cargoes to arrive in China, so shipments are likely to drop significantly for May arrivals as observed exports from the Islamic Republic fell 67 percent in April from March.

But there is much more than oil affected by the sanctions. Iran has a viral car industrie producing about 1.1 to 1.5 mio cars yearly. The car industrie and automotive makes 10% of Iran GDP. Iran Khodro is the largest car manufacturer in the Middle-East. It has established joint-ventures with foreign partners on 4 continents. The raw materials and parts supply must be secured if Iran want to hold it‘s status in Arabia and serve the demand of cars and parts. The maintaining of the cars must be guaranteed.

An oil pipeline in the Iranian province of Khuzestan exploded yesterday Iran’s state news agency IRNA reported. The cause of the blast was accidental, according to media reports. The existing pipelines have to be maintained or explosions could become more frequently. It was the second blast in the last two months.

As Iran Business News in September 2018 reported has an Iranian petrochemical company achieved the technical know-how to make special catalysts used for gasoline production, making Iran the world’s second producer of such advanced component and helping it earn as much as $60 billion a year in export revenue. Iran is now the second country in the world, after the US, that makes such high-tech catalysts, he added, noting that 9 Iranian refineries and 11 petrochemical plants have begun to use the homegrown catalysts.The new technology helps Iran save around $1 billion each year, reduce the sale of crude oil, and reap $60 billion in profit per annum through exports, Sobhani added. He said Iran’s daily production of Euro 4 and Euro-5-compliant gasoline using domestically-made catalysts stands at 96 million liters, saying such achievement has made the country invulnerable to gasoline-related sanctions.

Catalysts are major components of gasoline isomerization process during which low-octane oil fractions are turned into high-octane commercial gasoline. Iran is in direct competition to USA in a multi billion $ market with this product.

And thats not all. The Iranian industries includes energy and petrochemicals, mining, automakers and -parts, energy and petrochemicals, banking and financial services, steel, communications, insurance, utilities and infrastructure, transportation, beverage and food, construction and building materials, retailers, pharmatceutical, industrial equipment and machinery, computers and electronics, paper and wood, shipbuilding, aerospace and defense, Internet Service Provider and telecommunication, apparel, footwear and textiles, hospitality, IT sector, ćonsumer goods, Toruism, railway and road maintaining. And of course it has its own Airline, Media and Entertainment.

If all this sectors should function the supply chain and the maintaining has to be secured. Iran will do anything to escape isolation. India has high interest to elaborate it‘s economic and political relations to Iran as India invests 6% of it‘s aid to Iran to built the harbour in Chabahar. India wants to secure with the harbour in Chabahar it‘s trade with Afghanistan without transporting goods through Pakistan. Chabahar will be also the gate to Africa. Also China is involved in infrastructure projects in Iran in line with it‘s road and belt initiative and Iran has colaborations with different international conglomerates. So Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies. Also European companies are involved in planning and construction new plants.

And what‘s about the money for licenses?

Iranian companies like PRTC seeks innovation and development by establishing new ties with international companies. In 2017 PRTC had inked 8 memoranda of understanding (MoUs) and deals with foreign partners including chemical giants like BASF, Axens and IFP for cooperation on various petrochemical and projects. The MOU with Axens and IFP concern licensing new technologies, production of items based on the latest technologies like catalysts, absorbents and additives, cooperation in designing processes, construction of catalysts and jointly developing and marketing technical savvy in petrochemical industry.

Iran is an upcoming nation. World economic forum forecast ranking Iran on 17th with a GDP of 3.900 trio $ annually by 2050.

https://www.weforum.org/agenda/2017/12/these-will-be-the-most-powerful-economies-in-the-world-by-2050

The US administration has announced a series of new sanctions against Iran, aimed at driving its oil exports down to zero. But Iran is no less developed country and much more than oil. And USA are sanctionising not only the oil sector.

With the new US threat and the aggression of Israel Iran could feel to be forced to take action against it‘s enemies. The European nations, India and China have to decide if they support an Iran with mid range rockets and atomic bombs, rockets which can reach their mainland. China has to fight an US threat by themself. It can win an ally.

atest technologies like catalysts, absorbents and additives, cooperation in designing processes, construction of catalysts and jointly developing and marketing technical savvy in petrochemical industry.

Iran is an upcoming nation. World economic forum forecast ranking Iran on 17th with a GDP of 3.900 trio $ annually by 2050.

https://www.weforum.org/agenda/2017/12/these-will-be-the-most-powerful-economies-in-the-world-by-2050

The US administration has announced a series of new sanctions against Iran, aimed at driving its oil exports down to zero. But Iran is no less developed country and much more than oil. And USA are sanctionising not only the oil sector.

With the new US threat and the aggression of Israel Iran could feel to be forced to take action against it‘s enemies. Iran announce to start enrichment of uran and rocket tests again. This would make Iran able to build an atomic bomb. It also warns that it would attack Israel immeditaly if Israel take action against an ally of Iran or Iran itself. This could flare up civil war in Yemen. Houthis could also attack Saudi Arabia with rockets. Saudi Arabia is an ally of the USA.

The European nations, India and China have to decide if they support an Iran with mid range rockets and atomic bombs, rockets which can reach their mainland. China has to fight an US threat by itself. It can win an ally.