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23 июня, 12:14

The anti-innovation presidency

Behind all the theater of ‘Tech Week,’ Trump’s budget makes deeper cuts to research and development than any White House in modern history.

22 июня, 16:55

Will KB Home (KBH) Surprise its Investors in Q2 Earnings?

KB Home (KBH), one of the top builders in the U.S., is scheduled to report second-quarter fiscal 2017 results on Jun 27, after the closing bell.

22 июня, 15:00

Dow Chemical, 1QBit Ink Quantum Computing Development Deal

The Dow Chemical Company (DOW) and 1QB Information Technologies ("1QBit") entered into a collaborative pact to develop quantum computing tools for the chemicals and materials science technology spaces. Financial terms of the deal remain undisclosed.

22 июня, 05:50

Remarks by President Trump on Agricultural Innovation | Cedar Rapids, IA

Kirkwood Community College Cedar Rapids, Iowa 6:16 P.M. CDT THE PRESIDENT:  Thank you very much.  I just learned more about farming than I ever thought I'd learn.  What a good place.  I love it.  I want to thank also Dean Scott Ermer along with the students and faculty at Kirkwood Community College for hosting us.  What a beautiful place.  We're here today to talk about how we're going to empower America’s farmers and protect our nation’s proud farming legacy, including ethanol, which I've done.  (Applause.)  Family farmers are the backbone of America, and my administration will always support the farmer. I want to begin by congratulating Iowa’s new governor, Kim Reynolds.  Where's Kim?  (Applause.)  I'm so proud of Kim.  I've known Kim for a long time, and her husband.  And I said, you know, one of the other things I get with Terry, by moving him out, Kim becomes governor and Terry can take on China.  (Applause.)  That's not bad.  She is doing a great job. Thanks also to Lieutenant Governor Adam Gregg -- (applause) -- and Iowa Secretary of Agriculture, a man who's been to so many of my stops, Bill Northey.  (Applause.)  Thank you, Bill.  Thank you for all that support.  And Congressman -- a very popular guy -- Rod Blum, doing a fantastic job in Washington.  (Applause.)  All right, so, most importantly, I have to say -- they will all agree -- he's a great friend of mine, with an incredible family, a very talented son, Eric -- that I can tell you -- but I'm really, truly proud.  I wanted to be here for this reason -- to congratulate your former governor, our new ambassador to China, Terry Branstad.  (Applause.)   Terry is a true legend.  The people of Iowa first made him governor in 1983.  You elected him six times and made him the longest-serving governor of any state in the history of America.  That's not bad.  (Applause.)  Under Terry, Iowa’s economy is stronger, its farmers more successful, its schools better, its communities more prosperous, and its citizens safer.  And I want to tell you that's three decades.  This is one great man.  He's been in politics for more than three decades.  And we're going to keep him there -- I don’t know, do we consider ambassadors politicians?  Not really, in the true sense.  So perhaps we sort pulled you out.  But he's going to be a doing a job. I'll tell you one quick story with Terry.  When I was campaigning in Iowa, Terry would always say, "Do me favor -- don’t say anything bad about China."  (Laughter.)  See, in that day -- in those days, he didn’t call me "Mr. President" -- he'd say "Donald."  He'd say, "Donald, don’t say anything bad about China."  I said, why?  He said, "We have a great relationship with China, and I like it, and I really like President Xi," who he knew for 30-some-odd years.  And it really dawned on me when I was thinking about ambassadors.  I said, boy, wouldn’t it be great if I picked a man that really likes China and, by the way, China really likes him?  (Applause.)   So that was an easy one.  I called him up, and I said, you know, I think after 24 years it's maybe time for a change, so let me just steal you.  I also knew about Kim, and Kim has been a great supporter and friend, and so I knew that that was going to be taken care of very nicely.  So we're really happy and really proud of Terry.  You know, his legacy will endure for a long, long time in this state.  He loves this state and the people so much.  And together, we all join to express our deep gratitude to Terry for everything he has done for Iowa and for its people. Mr. Ambassador, thank you very much.  And have a good time in China.  (Applause.)   AMBASSADOR BRANSTAD:  Thank you.  Thank you.  Thank you very much.   For a farm kid from Iowa, my life's ambition was to serve the people as governor.  I never imagined in my wildest dreams that President Trump would ask me to represent all of the United States of America in China.  I will do my very best.   Mr. President, first of all, I want to congratulate you on your leadership.  We've been trying to get American beef in China for 13 years, and you've already got it done.  (Applause.)  And there's more to come!   I am honored and proud to represent the United States of America and President Trump in the People's Republic of China.  And I hope a lot of you will come to see us.   Thank you.  (Applause.)   THE PRESIDENT:  Thank you.  Great guy.  Ambassador Branstad will be serving in Beijing, but he’s going to be fighting for American farmers and for American workers and for Americans.  And there's nobody I can think of that can do a better job or a more effective job.  So, Terry, go out there.  He'll be joining Secretary of Agriculture -- somebody you all know very well -- the legendary, Sonny Perdue -- (applause) -- and a man who is another legend on Wall Street -- truly a legend; they just call him Wilbur.  How about Wall Street?  (Applause.)  Where Wall Street is big and strong, he's just known as Wilbur.  It's Wilbur Ross.  Wilbur Ross, Secretary of Commerce.  Pretty good on Wall Street.  When they just say, "I hear Wilbur is going to be Secretary of Commerce" -- Carl Icahn called me.  He said, "Donald, I heard you got Wilbur."  That was it.  It wasn’t "Wilbur Ross."  But there's Wilbur Ross, and he's going a fantastic job.   And also working along with Wilbur is U.S. Trade Ambassador Robert Lighthizer, another phenomenal talent.  And I told you about fair trade.  I told you about free trade.  I told you about trade.  We have the best in the world on our side now, finally, after watching for many, many decades what's been happening, with trade deficits that are beyond anything that anybody could imagine -- hundreds of billions of dollars.  And now we have the right people on our side.   So, Wilbur, go out and do it.  Robert, go out and do it.  We'll all have a good time together.  And you know what?  The world is going to like us even better, believe it or not.    So they're going to be representing -- (applause) -- they're going to be representing America's interests and delivering historic wins for our farmers and our factory workers, and our workers generally.   And I have to tell you, last night was very exciting.   Karen Handel and Ralph -- Ralph Norman.  (Applause.)  Ralph Norman.  I spoke to Ralph today.  He won a great event.  Now, a lot of people didn’t show up to vote because they said, well, he's going to win by so much.  It got a little bit tighter than he thought.  (Laughter.)  Sometimes when they think you're going to win by too much, I wouldn’t say that's so good.  Next time we're going to say it's going to be really close.  But he still won easily.  But what a fantastic guy he is.  And between the two of them, that was a big night.   So we're 5-0 in special elections -- 5-0.  (Applause.)  5-0.  And I watched the faces on those newscasters, in many cases, and they were going, oh, this is going to be a big night; this will be great humiliation for President Trump if she doesn’t make it.  Well, they weren’t thinking in terms of Ralph so much.  In all fairness, Ralph sort of said he felt like the forgotten man last night. But this will be tremendous humiliation -- they built these studios; they built everything.  They were set.  Believe me, had our wonderful candidate lost, this would have been one of the great, big stories in the history of American politics.  Those studios would have been up for weeks.  They would have been talking for weeks about this tremendous defeat.  And after it said projected winner was sort of -- they just sort of slinked out of there.  (Laughter.)  They slinked out.   One of them actually said, well, maybe it was the weather.  You know, it was drizzling.  A little bit like this, but a little bit less.  It was drizzling.  Did you hear that one, Ambassador?  It was drizzling.  Maybe that was the difference.  And won by a lot.  Won by a lot.  So we're very happy.  And she's going to be -- Karen is going to be a great person in Congress.  And we have some incredible people and we're doing some really wonderful things, including the taxes are coming along and the healthcare is coming along.  (Applause.) And we have Gary Cohn, the President of Goldman Sachs, who left Goldman Sachs and a slightly higher salary than he's getting right now by, like, hundreds of millions of dollars -- like by a lot.  (Laughter.)  Where's Gary?  He's around here someplace.  And Gary is working on some incredible plans -- not only taxes, but we're going to be rebuilding our country.  We're going to do things in terms of infrastructure that we need.  Our roads, our highways, our bridges, our schools, our airports. We spent, as of a few months ago, $6 trillion -- trillion -- in the Middle East.  We have nothing.  We're back further than we were 16 years ago when this whole thing started -- $6 trillion.  And if you want to spend three and half dollars to build a school, or you want to build -- you want to spend any money in this country, it's like a big deal.  But we spent $6 trillion in the Middle East.  And we're going to get that whole situation under control. That's not an easy one.  I was dealt a very difficult hand, believe me, when I took over, between North Korea, the Middle East -- you look at Afghanistan, what's going on there.  This was a tough hand.  But you put me there for a reason, and I think you're going to be very happy with the end result, believe me.  (Applause.)  American farmers and ranchers are the best -- absolute best at what they do.  And they can compete anywhere if they are given a level playing field.  They're not given that level playing field because of our terrible, terrible trade deals.  And we're going to start doing much better.  You produce the product, but you have to work too hard and too long to make a living. We're cracking down on foreign trading abuses; making it easier to produce and grow in America; eliminating job-killing regulations all over the place -- (applause) -- and we're training our great American workers. That's why it's so important to support schools like Kirkwood, which are helping to train young people in cutting-edge new technologies that will make American agriculture greater and more productive than ever before.  Farming -- which is something that is very beautiful to me.  I'm not a farmer, but I'd be very happy to be one.  It's a very beautiful world to me.  And it's a truly noble American profession.  Today, we're celebrating the dignity of work and the greatness of the American farmer and the American worker.  George Washington once wrote: “I'd rather be on my farm than be emperor of the world.”  We understand that.  Especially after I've spent all this time in Washington, I can really understand.  (Laughter.) I want to make sure the next generation of Americans has that opportunity as well.  And, in particular, that includes your children and your grandchildren, and working very hard to get rid of the death tax so that those farms can be passed on.  (Applause.)  Very, very hard to get rid of that.  We're working very hard so your farms can be passed on to your children and your grandchildren.  And they'll keep them going and they'll run them with love. We want to eliminate the intrusive rules that undermine your ability to earn a living, and we will protect the corn-based ethanol and biofuels that power our country.  (Applause.)  And you remember, during the campaign, I made that promise.  And I also made a promise, I'm coming back.  And here I am.  And that promise has been kept.  (Applause.)  And even Terry is clapping about that one, but he was fighting very hard for that, believe me. For the past two weeks, my administration has been working extensively on vocational education, infrastructure, and technology.  Here, at this great facility, we have just seen fantastic examples of how vocational training in new technologies can help make American farming even more productive so we can compete and win, win, win on the world stage. We saw how today’s farmers can adjust application rates of fertilizers in their fields with just the touch of a smartphone.  It's changed a lot over the years.  They showed us how they use precision agriculture to produce crops more efficiently and for far less cost.  They’ve demonstrated how drones, of all things, are used to gather data on crops, and how simulators are used to train students in the next generation of farming equipment.  If we continue to train our workers in these new technologies, then we will usher in a new era of prosperity for American agriculture and for the American farming family. We must also ensure that these students have the broadband Internet access they need in order to succeed and thrive in this new and very modern and very changed economy and world.  That is why I will be including a provision in our infrastructure proposal -- $1 trillion proposal -- you'll be seeing it very shortly -- to promote and foster enhanced broadband access for rural America also.  (Applause.)  We know that Wall Street wants it very badly, but you know what else?  The farmers also want it.  And you're going to have it. We have to make sure American farmers and their families, wherever they may be, wherever they may go, have the infrastructure projects that they need to compete and grow.  And I mean grow against world competition, because that's who you're up against now.   We will rebuild rural America.  (Applause.)  American farmers -- (applause) -- thank you -- American farmers pour their hearts into their crops and their love into their great communities.  That’s why they call this the Heartland.  And those maps, those electoral maps, they were all red.  Beautiful red.  (Laughter.)  Beautiful.  (Applause.)  If you look at those maps, it's almost like -- wow.  A lot places that people weren't thinking about turned red.  A couple of little blue dots on the sides, but they are red -- farmers.   And our farmers’ work ethic feeds America, and their toughness and grit define America.  They're tough and they're smart.  (Applause.)  Our rich and abundant soil provides more than a living; it provides a beautiful way of life for a lot of people.  Today we honor and treasure this noble history, and embrace the new technology that will power this industry well into the future.  With incredible leaders and students like all of you, I know that the future of American farming has never looked brighter.  Believe me.  And with me as your President, it's going to be that way, I will tell you that.  (Applause.) So it's a great honor to be here with you today.  People that I know, people that I love, very special people; the people of Iowa that were so good to me during the election.  So many friends.  I want to thank you for being here.   God bless you and God bless America.  Thank you very much.  Thank you.  (Applause.)   END 6:36 P.M. CDT

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22 июня, 00:32

Paraguayan farmers protest proposed grains export tax

SAN RAFAEL, Paraguay (Reuters) - Thousands of farmers in Paraguay protested on Wednesday against a proposed 15 percent tax on soy, corn and wheat exports that will likely come to a vote in the Senate this week.

21 июня, 08:14

5 Disturbing Statements By The Cop Who Shot Philando Castile

Disturbing information surrounding the fatal shooting of Philando Castile last July has emerged this week after a jury found a Minnesota police officer not guilty of second-degree manslaughter in the death. On Tuesday, newly released dashcam footage of the traffic stop by St. Anthony Police Officer Jeronimo Yanez showed a quickly escalating situation after Castile was pulled over in the St. Paul suburb for having a broken taillight. Castile, in the car with his girlfriend and her 4-year-old daughter, at first calmly informed the officer he had a firearm and is told by Yanez not to “pull it out.” He tells the officer he is not and is then shot several times. In audio from the footage, Castile can be heard saying “I wasn’t reaching” as the gunfire ends. Throughout the trial, Yanez maintained that Castile was reaching for the weapon, but his girlfriend, Diamond Reynolds, said he was reaching for his wallet. Reynolds’ live-streamed video following the shooting went viral and prompted massive protests in the Minneapolis-St. Paul area. Now a transcript of an interview between investigators and Yanez reveals the officer’s shocking interaction with Castile, including the quick escalation. Five passages from the transcript are below, with emphasis added. The mistakes in the transcript are from the original. 1. Castile clearly stated he had a gun, and the situation’s escalation was “split second.” Investigator: “From the time he mentioned to you that he had a firearm, weapon, um, what was the timeline? Did he immediately announce that at start ...?” Yanez: “I can’t remember if he immediate announced it but it caught my attention right away and it seemed like it was split-second from the time he told me to the time he was reaching down, to the time I gave him direction, to the time he had the his hand wrapped around it and then I gave him more direction and shots were fired.” 2. Castile made a “C-shape” with his hands, and it was dark inside the vehicle. Yanez: “He dropped his hand down and, can’t remember what I was telling him but I was telling something as his hand went down I think. And, he put his hand around something. And his hand made like a C shape type, um, type shape and it appeared to me that he was wrapping something around his fingers and almost like if I were to put my uh hand around my gun like putting my hand up to the butt of the gun. “And then I lost view of it. Cuz he kept canting his shoulder and then I believe told him again I can’t remember don’t do it. And then he still kept moving his hand and at this point I looked and saw something in his hand. It was dark inside the vehicle, I was trying to fumble my way through under stress to look and see what it was to make sure uh what I was seeing. But I wasn’t given enough time and like I said he had no regard for what I was saying. Didn’t follow my direction. And, uh he started reaching out and then pulling uh away from his uh his right thigh. I don’t know if it was in his pocket or in between the seats or the center console. But I, I know he had an object and it was dark. And he was pulling it out with his right hand. And as he was pulling it out, a million things started going through my head. And I thought I was gonna die.” 3. Yanez said the car smelled like “burnt marijuana,” and he wasn’t sure if Castile’s gun was for protection “from a drug dealer.” Yanez: “As I get up to the car I’m hit with an odor of burning marijuana .... And I know it’s already been smoked and I’ve been around uh through my training I’ve been around burnt marijuana and uh as a police officer I’ve been around burnt marijuana and uh fresh marijuana. So I know the distinct smells between both. “I can’t remember if I asked for his ID or not but, I know I asked for his ID or his driver’s license. And then he goes I have a gun. And as I’m telling him or as he’s telling me that he’s reaching down between his right leg, his right thigh area and the center console. And he’s reaching down and I believe I’m telling him something along the lines of don’t reach for it, don’t do it. Referring to the, uh the firearm. Yep. Because usually people that carry firearms carry ’em on their waistband. Um and or in between the seats and being that the vehicle smelled the inside of the vehicle smelled like marijuana um I didn’t know if he was keeping it on him for protection, for, from a, a drug dealer or anything like that or any other people trying to rip him. Rip him meaning steal from him.” 4. Yanez said Castille fit the description of a robbery suspect and had a similar “wide-set nose.” Investigator: “Do you remember what you pulled ’em over for?” Yanez: “I was keeping my eye on 2424 Larpenteur which is a convenience store on Larpenteur at the intersection of Larpenteur and Eustice. It’s on the southwest comer of the intersection. Um, I wanted to pay attention to that because we had a strong armed robbery last week uh which involved two African American males um, one having a firearm and pointing it at the clerk and then the other uh the victim to!d me that he also had a firearm but I wasn’t ab!e to see it when the video was reviewed. Um, so I was sitting at a intersection and I see a white vehicle. I can’t remember what kind of vehicle it was. Um but I see two occupants. What I believed was two occupants inside the car. And I couldn’t make out the passenger. But I knew the passenger had a hat on. And I couldn’t make out if it was a guy or girl I just knew that they were both African American and the driver uh appeared to me that he appeared to match the uh physical description of the one of our suspects from the strong arm robbery, gunpoint.” Investigator: “What is that description?” Yanez: “Um it was a (sigh) I can’t remember the height, weight but I remember that it was, the male had dreadlocks around shoulder length. Or longer hair around shoulder length. And, um it wasn’t specified if it was corn rows or dreadlocks or straight hair. Um and then just kind of distinct facial features with like, a kind of like a wide set nose and uh I saw that in the driver of the vehicle.” 5. A 4-year-old girl in the car, the daughter of Castile’s girlfriend, was in the line of fire. Investigator: “Where is the little girl seated?” Yanez: “She was seated behind, directly behind the front seat passenger. But diagonal, uh, from where I was standing. Um, so basically behind the driver. And then, so...” Investigator: “Behind the driver or the passenger?” Yanez: “So if I’m facing the driver she was, she was diagonal from him. Behind the backseat or front seat passenger. So she was in my line of fire. Um, but I made sure that I directed my firearm down and as best as I could and let off rounds and as the rounds were going off I thought he was still moving for his gun and (sigh) I it just seemed like he was pulling out the gun and the barrel just kept coming. It seemed like something was just coming out and I thought it was a gun ... “I don’t remember how many rounds I let off. Um I remember seeing the last two rounds go off and I remember seeing one of those rounds hit him in the arm. Uh his glasses flew off. I’m not sure if it was from gunfire or from him uh whipping his head back or anything like that. Uh but uh as that was happening as he was pulling at, out his hand I thought, I was gonna die and i thought if he’s, if he has the, the guts and the audacity to smoke marijuana in front of the five year old girl and risk her lungs and risk her life by giving her secondhand smoke and the front seat passenger doing the same thing then what, what care does he give about me. And, I let off the rounds and then after the rounds were off, the little girls was screaming, I held the suspect at gunpoint. His arms came up into view. And they were up by his chest I can’t remember what I said. But I acknowledged this little girl first. Cuz i wanted her to be safe.” -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

21 июня, 01:46

These Sneaky Side Dishes Are Killing Your Diet

Your favorite side dishes could be destroying you're diet and you don't even know it. Here are the worst offenders, and how to make them healthier.

20 июня, 23:19

Another Open Letter to Wilbur Ross

(Don Boudreaux) TweetMr. Wilbur Ross, Secretary U.S. Department of Commerce Mr. Ross: You recently declared: “Since we are the world’s largest importer of steel, we’re the main victim of the overcapacity” in the global steel industry (“U.S. Sees Possible Legal Challenges to Crackdown on Steel Imports,” New York Times, June 20). Perhaps you can explain just how […]

Выбор редакции
20 июня, 19:00

Tuesday assorted links

1. Is a British U-turn from Brexit really workable? 2. New results on right-to-carry laws. 3. Mortality inequality between the U.S. and Canada is a converging trend. 4. The union wage premium in 1950. 5. GMOs boost corn yields by 17%. 6. A bad, too-trendy predictive list of future literary classics. The post Tuesday assorted links appeared first on Marginal REVOLUTION.

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19 июня, 18:55

Bearish bets on corn dry up with US weather

Hedge funds move to cover short positions as prices set to continue rising

Выбор редакции
19 июня, 16:12

Heterogeneous Yield Impacts from Adoption of Genetically Engineered Corn and the Importance of Controlling for Weather -- by Jayson L. Lusk, Jesse Tack, Nathan P. Hendricks

Concern about declining growth in crop yields has renewed debates about the ability of biotechnology to promote food security. While numerous experimental and farm-level studies have found that adoption of genetically engineered crops has been associated with yield gains, aggregate and cross-country comparisons often seem to show little effect, raising questions about the size and generalizability of the effect. This paper attempts to resolve this conundrum using a panel of United States county-level corn yields from 1980 to 2015 in conjunction with data on adoption of genetically engineered crops, weather, and soil characteristics. Our panel data contain just over 28,000 observations spanning roughly 800 counties. We show that changing weather patterns confound simple analyses of trend yield, and only after controlling for weather do we find that genetically engineered crops have increased yields above trend. There is marked heterogeneity in the effect of adoption of genetically engineered crops across location partially explained by differential soil characteristics which may be related to insect pressure. While adoption of genetically engineered crops has the potential to mitigate downside risks from weeds and insects, we find no effects of adoption on yield variability nor do we find that adoption of presently available genetically engineered crops has led to increased resilience to heat or water stress. On average, across all counties, we find adoption of GE corn was associated with a 17 percent increase in corn yield.

19 июня, 16:02

Pilgrim's Pride (PPC) Well Poised for Growth Amid Headwinds

On Jun 19, we issued an updated research report on premium meat products company, Pilgrim's Pride Corporation (PPC).

19 июня, 01:19

These Foods Are Worth the Splurge

Whether it’s better ingredients, health factors, or because a splurge is good for you every now and then, these foods are totally worth the higher prices.

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18 июня, 20:10

US corn ethanol producers to tap into overseas demand

Two new refineries planned even as domestic fuel sales reach a plateau

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17 июня, 11:00

Yotam Ottolenghi’s chilli butter recipes

A slick of melted butter flavoured with chilli can make even the humblest of platefuls feel specialIn cooking, as in life outside the kitchen, it’s the small touches that can make a big difference: that final drizzle of olive oil, for example, some finely grated lemon zest, a sprinkle of toasted seeds – those are the little gestures that go a long way to make a dish feel special.In a similar vein, the addition of a few chilli flakes to melted, slightly browned butter for drizzling over a plate of food is the culinary equivalent of turning up on the doorstep midweek with both arms full of flowers. It makes an instant event of any dish: grilled corn, poached eggs on toast, wilted greens or summer squash soup. Continue reading...

17 июня, 02:58

Foreign Carmakers Invoke Reagan To Sway Trump On Trade

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); WASHINGTON ― President Donald Trump’s promises to radically rewrite American trade policy helped him win in the industrial Midwest, dealing a blow to the elite, business-friendly consensus on the issue. But thus far, Trump’s protectionist talk has been more bark than bite ― and now big businesses with a key stake in the status quo are fighting to keep it that way.  Most recently, leading Asian and European carmakers, most of whom have large U.S. workforces, released a video advertisement touting their contributions to the U.S. economy that makes the case for keeping international trade barriers low. The minute-long ad by the Association of Global Automakers, a trade group that represents foreign car companies, shows footage of workers producing cars at facilities for several of the manufacturers ― Toyota, Hyundai, Kia, Honda, Volkswagon, Subaru and Nissan ― as a narrator extols the accomplishments of the auto manufacturers.   What’s more, it explicitly emulates the famous “Morning in America” television spot from former Republican President Ronald Reagan’s 1984 re-election campaign.  “It’s morning again ― for auto manufacturing in America,” the narrator begins, with the music from Reagan’s original ad in the background. The conceit of the ad is that “international” carmakers, as the Association of Global Automakers calls its member companies with headquarters in non-American locales, are now as integral a part of the American landscape as the suburban families in Reagan’s ad. The ad debuted during NBC’s “Meet the Press” earlier this month. The AGA declined to say how large of an ad buy it was making other than by noting it is the largest purchase in the trade group’s history. To accompany the ad, the trade group erected a website, HereForAmerica.com, which features more of the data demonstrating the importance of foreign automakers in the United States economy.  Foreign carmakers now produce 47 percent of the cars made in the United States ― up from 1 percent in 1979, according to the AGA’s analysis of its members’ data available on the new site. As a result, those German, Swedish, Japanese and South Korean companies with U.S. production plants directly employ 130,000 workers, the trade association states.  Any trade policies that result in more limited market access for foreign carmakers either directly or as a result of foreign retaliation for U.S. actions, the ad implies, will ultimately hurt Americans most. “Thanks to trade and open markets, our auto industry is stronger, prouder and better than ever before,” the video concludes as auto workers of diverse backgrounds raise the American flag up the pole at the foreign carmakers’ U.S. plants. “Why would we ever want to return to a time of less competition and less choice for consumers?” Notwithstanding foreign carmakers’ employment of American workers, their critics lament that they have largely fought off unionization efforts and deliberately located most of their facilities in the American South, where laws and political culture are more hostile to union formation. Unionized auto manufacturing jobs at American carmakers in the Midwest typically offer higher pay and safer working conditions than their non-union counterparts in the South.  When asked about this critique, John Bozzella, president of the Association of Global Automakers, said, “International auto manufacturers have invested billions in the United States to create high-paying, high-tech jobs all across the country.” In other respects, foreign carmakers are promoting a trade agenda that is similar to that of their American competitors: protecting access to international labor and supply chains in Mexico and Canada enabled by the North American Free Trade Agreement.  “NAFTA has been an absolute success story for the U.S. auto industry. There’s just no question about that,” Bozzella said. What is less clear is whether carmakers, domestic and foreign alike, support NAFTA for reasons that American workers would consider positive. Thanks to the 1994 accord, U.S.-based carmakers have easier access to Canadian and Mexican consumer markets, and parts suppliers elsewhere in North America. But in practice, it has also increased the offshoring of manufacturing jobs to Mexico, where labor costs and regulations are dramatically lower. Mexico exported $75 billion worth of vehicles to the U.S. in 2016, compared with $21 billion in vehicles the U.S. exported to Mexico, according to the office of the United States Trade Representative. Of course, experts disagree about the net employment effects of this bilateral trade, let alone its benefits for consumers. Some 17 percent of the value of Mexican automotive exports to the U.S. comes from components, chemicals and services that originated in the United States, according to an estimate by the economic think tank Bruegel. NAFTA has been an absolute success story for the U.S. auto industry. There’s just no question about that. John Bozzella, Association of Global Automakers The type of NAFTA reform that Bozzella said the AGA supports involves “modernization and revitalization,” suggesting it would back changes to the agreement removing remaining barriers to trade, particularly in areas of the economy that did not yet exist when NAFTA was brokered.  Representatives of two major industries that benefit from NAFTA ― corn growers and oil producers ― hammered home a similar message at a May 31 event on NAFTA reform featuring Commerce Secretary Wilbur Ross at the Bipartisan Policy Center in Washington, D.C. “It works very well for us right now. You can always strengthen an agreement,” said Chip Bowling, chairman of the National Corn Growers Association in remarks before Ross spoke. Ross did his best to reassure big business interests like Bowling’s ― that fear NAFTA reforms that could restrict access to foreign goods or markets ― that the Trump administration is prioritizing changes that are more likely to help them. Bringing NAFTA up to speed with the Trans-Pacific Partnership, which would have created intellectual property protections and removed barriers to digital trade, would take precedence, Ross said. Mexico and Canada already agreed to the TPP, a 12-nation Pacific Rim trade agreement that Trump campaigned against and formally withdrew the U.S. from shortly after taking office. “There were a number of concessions to NAFTA countries made in connection with the TPP. And so we would view those as a starting point for discussion,” he said. That is likely a relief to pro-NAFTA elements of big business, but it is alarming to progressive trade skeptics who had hoped that trade reforms aimed at saving American jobs would be an area of common interest with the Trump administration. Job-saving reforms would entail making it harder to offshore production to Mexico, rather than extending its open trade channels to other sectors of the economy. Leading liberal experts like Lori Wallach, director of Public Citizen’s Global Trade Watch, are already concerned that the Trump administration is content to merely turbo-charge NAFTA under the guise of “repairing” it, all while hoping that voters eager for change of any kind won’t know the difference. “They’d take the pieces of TPP that Mexico, the U.S. and Canada had agreed to and enact them bit by bit through the NAFTA renegotiation,” Wallach warned in April. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

16 июня, 20:36

Q of the Week: What Food Would You Request From the White House Chef?

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Какие возможности дает обвал IT-рынка

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15 июня, 14:35

Раскрыты официальные цены флагмана HTC U11 в России

Компания HTC обнародовала официальные российские цены на свой флагман HTC U11.Модели и цены HTC U11 отличается рядом уникальных функций. Смартфон предлагает пользователю совершенно новый тип взаимодействия, названный Edge Sense: он позволяет «сжимать» устройство в определенных местах для выполнения контекстно-зависимых действий. Устройство с объемом памяти 64 ГБ можно купить в четырех цветовых решениях: Sapphire Blue (Синий), Amazing Silver (Серебристый), Brilliant Black (Черный) и Ice White (Белый). Цена устройства составляет 44 990 рублей. При 100% предоплате заказа покупатель получит в подарок портативный аккумулятор HTC QC 3.0. Смартфон с максимальным объемом внутренней памяти (128 ГБ) доступен в двух цветах: Amazing Silver (Серебристый) и Sapphire Blue (Синий) по цене в 49 990. При полной оплате предзаказа в подарок также идет портативный аккумулятор HTC QC 3.0. HTC U11 появится в продаже в конце июня. Технические характеристики Процессор: 2,45 ГГц, восьмиядерный, Qualcomm Snapdragon 835. Экран: 5,5-дюймовый, Super LCD 5, разрешение 2560×1440 пикселей, 3D Corning Gorilla Glass 5. Основная камера: 12 Мп HTC UltraPixel 3, матрица с обратной подсветкой, оптическая и электронная система стабилизации изображения, поддержка формата RAW и 4К-видеосъемки. Фронтальная камера: 16 Мп, сенсор с обратной подсветкой, поддержка Full HD-видеосъемки. Память: 4/8 ГБ ОЗУ, 64/128 ГБ встроенной, слот под microSD-карту (или вторую SIM-карту). Аккумулятор: 3000 мА/ч с Quick Charge 3.0. Конкуренты На фоне конкурентов, помимо технологии Edge Sense, HTC U11 выделятся топовым, на данный момент, процессором, а также солидным объемом оперативной памяти — 6 Гб. Из-за этого в ряде обзоров смартфон даже назвали «убицей Samsung Galaxy S8» (у него 4 Гб). Подробнее о устройстве вы можете прочитать в нашем обзоре. Сравните цены с популярными моделями: