Poles March to Denounce Government, Erosion of Democracy

Thousands of Poles marched in Warsaw on Saturday to demand respect for their country’s constitution while denouncing a populist government they accuse of eroding democracy.

Many participants carried Polish and European Union flags during an event promoted as the March of Freedom'' and chanted slogans such asConstitution!” and “Free courts!”

Two pro-European and centrist opposition parties, Civic Platform and Modern, were the key organizers of the protest, along with a pro-democracy civic group.

In speeches, their leaders accused the ruling right-wing Law and Justice party of chipping away at democratic freedoms with an overhaul of the judicial system that gives the party vast powers over the courts.

EU leaders have urged the Polish government to reverse some of the changes. The government insists it has the political mandate to reform a broken justice system.

Civic Platform leader Grzegorz Schetyna said the government’s opponents are fighting for “freedom, dignity, democracy, the constitution, the independence of the Constitutional Tribunal, the independence of courts and Poland in Europe.”

Some protesters held up small copies of the Polish Constitution.

The march was also an attempt by political opposition parties to gain some momentum against the ruling party ahead of local elections this fall and the parliamentary election next year.

“We want to show that we are here, we are together and that we have a plan,” Michal Stasinski, a lawmaker with Civic Platform, told The Associated Press.

City Hall, which is controlled by Civic Platform, said 50,000 people took part. Police called that estimate far too high but did not give their own estimate.

Many march participants also expressed support for a protest that mothers of disabled children have held for more than three weeks in the Polish parliament. The mothers are demanding more state funding to care for their children, but so far have been unsatisfied with what the government has offered them.

Across Warsaw there were other rallies Saturday, including the annual pro-EU Schuman Parade and a march of about 250 farmers, foresters and hunters angry at environmentalists. Some ultra-nationalists turned out for the latter event.

Turkish Ambassador’s Residence Tells Many Tales

The Everett House, which serves as the Turkish ambassador’s residence, is a Washington landmark. It is also famous as the one-time home of the Ertegun family, the brothers who would go on to found Atlantic records and change the sound of American jazz and pop music. But the Erteguns also played a role in Washington history by standing with African Americans in what was, at the time, a deeply segregated city. VOA’s Ozlem Tinaz reports.

Separatists in Donetsk Celebrate Anniversary

Ukrainian separatists in Donetsk on Friday celebrated the fourth anniversary of the city’s self-proclaimed independence from Ukraine with a parade. 

Local residents who support the pro-Russian separatists came to the parade in the city center with black, red and blue rebel flags along with Russian flags.

Ukrainian forces have battled the pro-Russian separatists in Donetsk since 2014. A peace deal in 2015 has been little honored by either side. Ukraine accuses Russia of providing military support for separatists, a charge the Kremlin denies.

Residents at Friday’s parade said they wanted the region to be closer to Russia.

“I went to vote for the independence, for joining Russia. We want to be on the right track. Our course is toward Russia only,” said Svetlana, a Donetsk resident.

Donetsk also held a parade Wednesday to commemorate the victory over Nazi Germany. That parade featured tanks and other heavy weapons despite a ban on that type of celebration by Ukraine’s government.

While large, Soviet-style military parades have been revived under President Vladimir Putin in Russia, they have been banned in Ukraine since the conflict with Russia-backed separatists in the Donetsk and Luhansk regions broke out in 2014.

The conflict in eastern Ukraine erupted weeks after Russia’s annexation of Crimea and has left more than 10,000 dead. 

Latest Round of NAFTA Talks Ends Without Breakthrough

Senior officials from the United States, Canada and Mexico ended the latest round of talks on the North American Free Trade Agreement without any major breakthroughs on how to renegotiate the deal.

U.S. Trade Representative Robert Lighthizer said Friday after a week of talks in Washington that the United States will continue to work with its partners to update the 1994 trade pact. 

“The United States is ready to continue working with Mexico and Canada to achieve needed breakthroughs on these objectives,” he said.

The talks involved all three of the top officials in the NAFTA negotiations: Lighthizer, Canadian Foreign Minister Chrystia Freeland and Mexican Economy Minister Ildefonso Guajardo.

The talks have come under increased pressure to produce a deal quickly after U.S. House Speaker Paul Ryan said this week he would need to be notified of a new agreement by May 17 to give the current Congress a chance to pass it this year.

Guajardo said Friday that revising the deal will take time. “We’re not going to sacrifice the quality of an agreement because of pressure of time. We’ll keep engaged,” he said.

Freeland echoed those comments. “The negotiations will take as long as it takes to get a good deal.”

She told reporters that there was a long “to-do” list to finish a renegotiation of NAFTA, but said the talks were making progress.

U.S. President Donald Trump again heaped criticism on NAFTA during a meeting with auto executives Friday at the White House. “NAFTA has been a horrible, horrible disaster for this country. And we’ll see if we can make it reasonable,” he said.

Trump has long criticized NAFTA, blaming it for the loss of millions of manufacturing jobs that hurt the U.S. economy.

The auto industry has featured prominently in the NAFTA talks, with one of the key sticking points being a U.S. demand to increase the U.S.-made components in vehicles that receive duty-free status in NAFTA.

Trump praised Fiat Chrysler chief Sergio Marchionne on Friday for plans to move production of its popular Dodge Ram truck back to the United States from Mexico.

“Right now, he’s my favorite man in the room,” Trump said.

Czech Ruling Party Approves Coalition Deal

The Czech centrist ANO party on Friday approved a coalition agreement for a new government with the center-left Social Democrats, subject to a poll of Social Democrat party members.

The minority government would aim to boost spending on defense, wages and benefits as well as infrastructure, according to a policy agenda agreed by leaders of the two parties, which Reuters saw.

It would maintain a pro-Western policy course but keep the country outside the eurozone and resist any EU pressure to accept asylum-seekers transferred from other EU states.

“This is a solid base for the creation of a stable government,” Social Democrat chief Jan Hamacek said after a party leadership meeting.

But the deal still needs the approval of rank-and-file Social Democrats; the outcome of their poll, likely to be announced June 15, is far from certain.

Prime Minister Andrej Babis’ ANO party was the clear winner of an election in October but lacks a majority. The coalition will still be in a minority, with 93 of 200 lower house seats, and require ad hoc backing from the small Communist party.

Most parties, and also some prominent Social Democrats, have rejected joining a cabinet led by the billionaire businessman because he has been charged with fraudulently tapping a European Union subsidy a decade ago. He calls the investigation a plot.

As a condition of forming a coalition, the Social Democrats secured an agreement that Babis will step down if a court finds him guilty in the fraud case.

ANO’s other concessions to the Social Democrats include raising sick pay and child allowances and increasing salaries across the education sector by 50 percent by 2021.

Communist backing

“I think Social Democrat members will respond positively … we made an awful lot of compromises,” Babis said.

If the deal falls through, he said an early election could be held next spring.

The pro-Russia and anti-NATO Communist party has said it would lend the government its 15 votes in the formal confidence vote, which would mark its first involvement in national government since the end of Communist rule in 1989.

The Communists oppose some of the potential coalition’s foreign policy plans, such as more involvement in NATO military missions, but their voice will be limited.

On defense, the new government would plan to boost spending to 1.4 percent of GDP from 1.05 percent last year, still far below the NATO guideline of 2 percent.

It would also look to stabilize debt, which has dropped thanks to strong economic growth in the past three years to 34.6 percent of GDP in 2017.

Taxes should dip with a reduction in personal income tax and in value-added tax on some services, tap water and draft beer. The budget should remain broadly balanced.

ANO’s current one-party cabinet lost a vote of confidence in January and has since served in a caretaker capacity.

UK’s May, Trump Agree Talks Needed Over Iranian Sanctions

British Prime Minister Theresa May and U.S. President Donald Trump agreed in a phone call Friday that talks were needed to discuss how U.S sanctions on Iran would affect foreign companies operating in the country.

Trump’s decision to pull the United States out of the Iranian nuclear deal and revive U.S. economic sanctions has alarmed the leaders of Britain, France and Germany who remain committed to the deal and who have significant trade ties with Tehran.

“The prime minister raised the potential impact of U.S. sanctions on those firms which are currently conducting business in Iran,” her spokeswoman said. “They agreed for talks to take place between our teams.”

The spokeswoman said May had told Trump that Britain and its European partners remained “firmly committed” to ensuring the deal was upheld as the best way to prevent Iran from developing a nuclear weapon. Iran says its nuclear program is for peaceful purposes only.

The two leaders also condemned Iranian rocket attacks against Israeli forces earlier this week and strongly supported Israel’s right to defend itself.

“They agreed on the need for calm on all sides and on the importance of tackling Iran’s destabilizing activity in the region,” the spokeswoman said.

Europe Moves to Safeguard Interests in Iran After US Pullout

Europe’s heavyweight economies took steps Friday to safeguard their interests in Iran, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and said sanctions would follow.

Germany and France have significant trade links with Iran and remain committed to the nuclear agreement, as does Britain, and the three countries’ foreign ministers plan to meet Tuesday to discuss it.

That is part of a flurry of diplomatic activity following Tuesday’s unilateral withdrawal from what U.S. President Donald Trump called “a horrible, one-sided deal,” a move accompanied by the threat of penalties against any foreign firms doing business in Iran.

German Chancellor Angela Merkel said ways to save the deal without Washington needed to be discussed with Tehran, while France’s Finance Minister Bruno Le Maire said EU states would propose sanctions-blocking measures to the European Commission.

“Do we accept extraterritorial sanctions? The answer is no,” Le Maire told reporters.

“Do we accept that the United States is the economic gendarme of the planet? The answer is no.

“Do we accept the vassalization of Europe in commercial matters? The answer is no.”

In Berlin, Economy Minister Peter Altmaier said Germany was ready to give help to its affected firms, including legal advice, to continue doing business in Iran.

Le Maire said he was seeking concrete exemptions for countries already present in Iran, including Renault, Total, Sanofi, Danone and Peugeot.

The 2015 agreement between major powers and Iran set limits on its nuclear activities in exchange for the lifting of sanctions. Europeans fear a collapse of the deal could intensify conflicts in the Middle East.

Germany, France and Britain want talks to be held in a broader format to include Iran’s ballistic missile program and its regional military activities, including in Syria and Yemen.

“The extent to which we can keep this deal alive … is something we need to discuss with Iran,” said Merkel, who earlier spoke with Russian President Vladimir Putin on the issue.

Divisions in Iran over how it should respond to the U.S. pullout were illustrated as senior cleric Ayatollah Ahmad Khatami told worshippers at Tehran University on Friday that European nations could not be trusted.

President Hassan Rouhani had said Tuesday that Tehran would remain in the deal, provided its benefits stayed in force with its remaining signatories.

Iran’s foreign minister will travel to Moscow on May 14 and meet his Russian counterpart, Russia’s RIA news agency said, citing a Russian foreign ministry official.

‘Damage limitation’

Iran said it had asked Europe’s Airbus to announce whether it would go ahead with a plane deal with Tehran following the U.S. pullout.

That appears unlikely after U.S. Treasury Secretary Steven Mnuchin said Tuesday that licenses for the planemaker and rival Boeing Co to sell passenger jets to Iran would be revoked.

Le Maire said Paris would seek to strengthen Europe’s ability to block sanctions and provide investment finance to companies. He called for the creation of a body to monitor the implementation of EU sanctions rules.

Some fear Europe’s room for maneuver is limited. “The Europeans are in the weaker position because they are not united,” said Peter Beyer, Germany’s commissioner for transatlantic relations. Trump’s strength was that he did not need unity, Beyer added.

French exports to Iran doubled to 1.5 billion euros ($1.79 billion) last year, driven by sales of aircraft and automobile parts, according to customs data.

Exports of German goods to Iran rose by around 400 million euros to 3 billion euros. Around 120 German firms have operations with their own staff in Iran, including Siemens, and some 10,000 German companies trade with Iran.

“We are ready to talk to all the companies concerned about what we can do to minimize the negative consequences,” Altmaier told Deutschlandfunk radio. “That means, it is concretely about damage limitation.”

The U.S. ambassador in Berlin, Richard Grenell, said firms should question the morality of doing business with Iran.

“Germany, France and Britain, the ‘EU3,’ say themselves that Iran poses a threat. Do they want to do business with a threat?” Bild newspaper quoted him as saying.

Altmaier said Germany wanted to avoid “a spiral of escalation” in transatlantic trade relations.

Merkel said at a church event in the western German city of Muenster: “It is in our interest to have a strong transatlantic relationship.”

But she also said: “If everybody does what they like, then this is bad news for the world.”

Minister: Mexico Refuses to Be Rushed Into Poor NAFTA Deal

Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) just to get a deal, Economy Minister Ildefonso Guajardo said on Friday ahead of trilateral talks with his U.S. and Canadian counterparts.

Guajardo said he would meet at 1 p.m. EDT (1700 GMT) with Canada’s Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer, and that the three are closer to agreeing new rules for autos that are vital for a deal.

However, Guajardo, who is eager to reach an agreement on all the principal aspects of a modernized NAFTA before sealing a new deal, said plenty of other issues were outstanding.

“I have to make very clear [that] the quality of the agreement and the balance of the agreement has to be maintained. So we are not going to sacrifice balance and quality for time,” he told reporters on the doorsteps of Lighthizer’s office.

“We believe there is a way to solve autos. I think we are trying to make a very good effort … We are looking at the whole set of items we have to solve. So it’s not autos, it’s everything else.”

Guajardo and Freeland have been meeting Lighthizer separately since the start of the week. Friday’s trilateral meeting will be the first held this week.

Drafting new rules of origin governing what percentage of a car needs to be built in the NAFTA region to avoid tariffs has been at the center of the talks to update the 1994 deal. It forms a key plank of the Trump administration’s aim to boost jobs and investment in the United States.

Officials and industry sources say the three sides have been gradually narrowing their differences on autos.

However, several other major issues are still unresolved, including U.S. demands for a five-year sunset clause that would allow NAFTA to expire, and elimination of settlement panels for trade disputes.

U.S. House Speaker Paul Ryan set a May 17 deadline to be notified of a new NAFTA to give the current Congress a chance of passing it. The United States will hold elections in November for a new Congress that will be seated early next year.

Mexico’s top trade official, however, said time was running short to meet such a deadline. Mexico will hold its presidential election on July 1.

UN Nuclear Agency’s Inspections Chief Quits Suddenly

The chief of inspections at the U.N. nuclear watchdog has resigned suddenly, the agency said on Friday without giving a reason.

The departure of Tero Varjoranta comes at a sensitive time, three days after the United States announced it was quitting world powers’ nuclear accord with Iran, raising questions as to whether Tehran will continue to comply with it.

Varjoranta, a Finn, had been a deputy director general of the International Atomic Energy Agency and head of its Department of Safeguards, which verifies countries’ compliance with the nuclear Non-Proliferation Treaty, since October 2013.

He will be replaced in an acting capacity by the head of the department’s Iran team, the Vienna-based IAEA said.

“Mr Tero Varjoranta has resigned effective 11 May 2018,” an IAEA spokesman said. “The director general has appointed Mr Massimo Aparo, acting director, Office for Verification in Iran, as acting deputy director general and head of the Department of Safeguards, effective immediately.”

The accord signed by Iran and major powers in 2015 imposed strict limits on Iran’s atomic activities to help ensure they are not put to developing nuclear bombs in exchange for the lifting of international sanctions against Tehran.

The IAEA is policing those restrictions and said on Wednesday, the day after Trump’s announcement, that Iran was still implementing its commitments under the deal.

The U.N. watchdog has also repeatedly defended the landmark agreement, saying it is a gain for nuclear verification. “The agency’s safeguards activities will continue to be carried out in a highly professional manner,” the spokesman said.

Asked why Varjoranta had resigned, he said: “The agency cannot comment on personnel matters, which are confidential.”

IAEA Director General Yukiya Amano plans to appoint a permanent replacement as soon as possible, he added.

Park Service: British Nationals Taken Hostage in Eastern Congo

British citizens were among a group of people taken hostage on Friday in the Virunga National Park in eastern Democratic Republic of Congo, a spokesman for the Congolese Institute for Nature Conservation (ICCN) said.

“For the moment the (ICCN) cannot communicate much about the incident because the hostages are still in captivity. That would put their lives in danger,” Joel Wenga, the ICCN’s head of communications in North Kivu province told Reuters.

World Bank: Kenyan Refugee Camp ‘Open for Business’

Burden or business opportunity? A new U.N.-backed study of refugees from the World Bank’s International Financial Corporation argues for the latter. The IFC researchers examined one of Africa’s oldest and largest refugee camps, Kakuma in northwest Kenya. What they found is a growing consumer base they say is ripe for more private investment in sectors like mobile banking and energy. The IFC took VOA’s Daniel Schearf on a tour of the camp. He has this report.

UN: Protectionism, Debt Threaten Asia Growth

A senior United Nations official says trade protectionism, rising private and corporate debt, and shortcomings in revenue raising are growing challenges to the economic outlook for the Asia Pacific.

Shamshad Akhtar, executive secretary of the UN’s Economic and Social Commission for Asia and the Pacific (UNESCAP), noted the threats of trade wars undermining the region’s positive economic growth outlook.

The United States has pressed states, notably China, to reduce trade and current account deficits with the U.S., recently imposing tariffs on steel exports from several countries.

Akhtar said such trade protectionism represents “quite a big threat” along with nontariff barriers, which have been rising since the 2008 global financial crisis, such as cross border restrictions that further limit trade.

“If you look at the trends, there has been a post-2008 crisis, there has been an increase in nontariff barriers that face the Asia Pacific region as a whole. [The U.S. tariff increases] have been classified as a trade war eventually, if at all those [measures] are invoked there will be a counter reaction,” Akhtar said.

Trade war and growth

She said a trade war would directly impact the region’s economic growth, especially affecting small- and medium-sized enterprises in the Asia Pacific that have trading links to economies such as China, a key target of the U.S. tariffs.

“Yes, growth in itself would be impacted, and it’s happening at a time when we have just seen a recovery; both in terms of growth as well as trade,” Akhtar told VOA.

She said the trade conflicts represented a challenge to the long-standing multilateral rules set down under the World Trade Organization (WTO).

But economists with the Singapore/London based Capital Economics, say recent trade talks between the U.S. and China, and slowing global growth may have eased the threat of a trade war.

China trade surplus leveling

Capital Economics Senior China economist, Julian Evans-Pritchard, in a May commentary, said that while the trade surplus with the U.S. remains near an all-time high, there were “some signs” of it leveling off.

Evans-Pritchard said China’s export performance was also easing as global growth may have peaked.

“This will hopefully encourage [China] to adopt a pragmatic approach to trade negotiations in order to try to avoid the imposition of tariffs and an even sharper slowdown in export growth,” he said.

Outlook for 2018-2019

UNESCAP’s annual economic survey for the Asia Pacific, released this week, remained upbeat for the region’s economic growth at 5.5 percent in 2018 and 2019, with a “slight moderation” in China, offset by a recovery in India, with steady growth elsewhere in the region.

But Akhtar said there are still significant economic headwinds going forward, including infrastructure financing, estimated to be as much as $1.7 trillion.

To meet such demand, she said there is a need to reform taxation administration “in some of the Asia Pacific economies” through simplified tax regimes that could mobilize as much as $60 billion.

Mounting debt

The survey warned of “potential financial vulnerabilities” in regions of high private and corporate debt, particularly in China, South Korea, Malaysia and Thailand, in order to avoid a repeat of the Asian financial crisis of 1997-1998.

“It’s very clear to me we need to tackle the issue of private and corporate debt because from our previous experiences any overexposure in terms of whether the debt is private, corporate or household can induce a huge amount of domestic financial vulnerability,” Akhtar said.

Akhtar noted progress achieved in reducing poverty from almost 44 percent in 1990 to around 12 percent in early 2010.

But poverty levels remain “relatively high” in South and Southwest Asia. The Asia Pacific region still has some “400 million people living in poverty.”

Another issue is growing income inequalities in key economies, with the most marked changes in China and Indonesia, and to a lesser extent in India and Bangladesh.

“Given that we have steep inequalities with countries, it basically means that people don’t have access to basic economic and social services,” which can also sustain poverty rates, she said.

Akhtar said in the medium term “potential economic growth” appeared on a downward trend in several countries because of aging populations and a need to boost investment in human resources, such as education.

Mexico Says Time Running Out for Quick NAFTA Deal; Canada Upbeat

Mexico on Thursday indicated time was running out to see whether NAFTA nations could agree a new deal in the short term while Canada struck a upbeat tone, saying top-level talks this week had achieved a great deal.

Major differences remain between the three members of the North American Free Trade Agreement after more than eight months of largely slow-moving negotiations launched at the insistence of Washington, which wants major changes to the 1994 pact.

A source close to the talks said U.S. officials have told Canada and Mexico that May 17 or 18 is the deadline for a text that could be dealt with by the current U.S. Congress. A second source confirmed that those dates had been discussed.

Need solutions before elections

Mexico’s Economy Minister Ildefonso Guajardo said he expected to learn by the end of Friday whether a new deal was possible in the short term.

“I think we will be finding out through the day and tomorrow … if we really have what it takes to be able to land these things in the short run,” Guajardo told Reuters.

Top-level talks between the three members this week hit an obstacle as the United States and Mexico sought to settle differences over the key issue of automobiles.

U.S. Trade Representative Robert Lighthizer wants a quick agreement to avoid running into complications caused by a Mexican presidential election on July 1 and U.S. midterm Congressional elections in November.

‘Getting closer’

Canadian Foreign Minister Chrystia Freeland said the three nations had “made a lot of progress since Monday … we are definitely getting closer to the final objective.”

Freeland, speaking to reporters after meetings with senior U.S. legislators on Capitol Hill, sidestepped questions as to when an agreement might be reached.

Guajardo told Reuters that “we have suitcases for two weeks if necessary.”

U.S. President Donald Trump regularly threatens to walk away from NAFTA, underscoring uncertainty over the pact. Business executives complain that the lack of clarity is hitting investment.

Mexico has launched a counterproposal to U.S. demands to toughen automotive industry content rules and boost wages. U.S. President Donald Trump blames cheaper wages in Mexico for manufacturing job losses in the United States.

Many major issues remain

Many other major issues crucial to a deal are still unresolved, including U.S. demands for a five-year sunset clause, and elimination of settlement panels for trade disputes.

After meeting with Lighthizer on Thursday, Guajardo told reporters that the talks were not just covering autos.

“You cannot think that in a process of negotiations we’re going to solve one item without reviewing the overall balance of the agreement,” he said. “We’re going over all the items. It’s very important to stress that.”

Catalan Ex-Head Proposes New Candidate for Regional Leader

Former Catalan leader Carles Puigdemont on Thursday proposed member of parliament Quim Torra as candidate for head of the Catalan government as the region attempts to put an end to a seven-month impasse and form an administration.

Catalan lawmakers must pick a leader to form a government by May 22 to avert more elections, following a standoff during which separatist politicians put forward candidates who were blocked by the courts for being either abroad or in jail.

Spanish Prime Minister Mariano Rajoy called regional elections in December after sacking the previous administration for illegally declaring independence from Spain. However, pro-independence parties again won a majority of seats.

Torra is a lawyer and journalist who has been active in pro-independence lobbies in the wealthy region. He has published several books about the history of Catalonia, according to the Catalan parliament website.

Puigdemont, who fled to Belgium after being sacked as regional leader, is currently in Berlin waiting for German courts to rule on a Spanish request to extradite him on a charge of misuse of public funds.

Puigdemont proposed Torra as candidate in an address released on his YouTube video channel. Torra will need to be confirmed in a vote of confidence in the Catalan parliament.

“Our group proposes member of parliament Quim Torra to be president of the Catalan government so he can take on this responsibility in the next few days and so that a government can be formed immediately,” Puigdemont said.

Spain’s Constitutional Court on Wednesday accepted an appeal from the government that effectively blocked pro-independence politicians in Catalonia from voting in Puigdemont while he remains absent.

Australian Euthanasia Advocate Ends His Life in Switzerland

A 104-year-old Australian scientist who had campaigned for the legalization of assisted dying in his home country has ended his life at a clinic in Switzerland.

David Goodall died Thursday at the Lifecircle clinic in Basel after administering a lethal drug under the guidance of doctors.

With his grandson Daniel and a longtime nurse at his side, the renowned botanist and ecologist from Perth, Australia, began the final stage of the process by receiving a fatal dose of barbiturates.

The lethal cocktail is normally ingested, but since Goodall couldn’t swallow, the substance was injected intravenously.

He died shortly after 12:30 p.m. local time while listening to Ode to Joy from Beethoven’s 9th symphony, according to the clinic.

Philip Nitschke, director of Exit International, said Goodall’s last words before losing consciousness were “this is taking an awfully long time.”

Goodall said his last public farewell Wednesday at a news conference designed to publicize his decision and to help others who might also seek that path.

“At my age, and even at rather less than my age, one wants to be free to choose the death and when the death is the appropriate time,” he told reporters. “All the publicity that this has been receiving can only, I think, help the cause of euthanasia for the elderly, which I want.”

Assisted suicide is illegal in most countries around the world and was banned in Australia until the state of Victoria became the first to legalize the practice last year.

But that legislation, which takes effect in June 2019, only applies to terminally ill patients of sound mind and a life expectancy of less than six months, which would have excluded Goodall.

Goodall did not have a terminal illness but said his quality of life had deteriorated significantly in recent years.

“My abilities have been in decline over the past year or two, my eyesight over the past six years. I no longer want to continue life. I’m happy to have the chance tomorrow to end it,” said the centenarian Wednesday wearing a pullover emblazoned with the words “Aging Disgracefully.”

Goodall told reporters he had no last-minute doubts about his decision. But, he was not without regrets.

“There are many things I would like to do, but it’s too late,” he said. “I’m content to leave them undone.”

Chilean Bishops in Rome for Expected Brow-beating From Pope

Chilean bishops are arriving in Rome ahead of an expected brow-beating next week from Pope Francis, who says he was misled about a bishop at the center of the Chilean church’s sex abuse scandal.

One top-ranked churchman is apparently not coming: Cardinal Javier Errazuriz, retired archbishop of Santiago, who sits on Francis’ kitchen cabinet. Abuse survivors have laid much of the blame for the scandal on Errazuriz, whom they accuse of discrediting victims and covering up abuse rather than punishing pedophiles.

Errazuriz was quoted by Chile’s La Tercera paper as saying he wasn’t coming for personal reasons. 

The executive committee of the Chilean bishops conference said Thursday that the 30-plus bishops were coming with “humility and hope.” They praised Francis’ recent meetings with victims of the Reverend Fernando Karadima of Chile, saying his example “showed us the path that the Chilean church is called to follow.”

Francis had invited Juan Carlos Cruz, James Hamilton and Jose Andres Murillo to the Vatican so he could personally apologize for having discredited them during his January trip to Chile. Francis had said their accusations against a Karadima protege, Bishop Juan Barros, were “calumny” and demanded they present proof of his wrongdoing.

The men, who had frequented Karadima’s posh Santiago community when they were teens, say that Barros witnessed and ignored their abuse. He has denied their accusations, but twice offered to resign. 

Francis twice rejected his resignation, after apparently being counseled that Barros was innocent. Francis hasn’t said who counseled him, but Errazuriz has admitted he didn’t initially believe accusations against Karadima, and in more recent emails he called Cruz a liar and a “serpent.”

Francis summoned the bishops to the Vatican last month, warning that he wanted to discuss short-, medium- and long-term reforms to the church. In the letter, he admitted he had made “grave errors in judgment” about the Barros case, but blamed a “lack of truthful and balanced information” for his missteps.

Francis did his about-face after receiving a 2,300-page report compiled by top Vatican investigators who traveled to Chile and interviewed 64 people — victims, priests and lay Catholics — about the scandal.

Virginia Woman Breaks Glass Ceiling with Wood

Virginia Wallen is a wife, a mother of three, and a woodworker. She achieved what she has never imagined she would — turning her carpentry hobby into a business. The entrepreneur isn’t just succeeding in her new career, she’s tearing down stereotypes and building a new role model.

It happens for a reason

Wallen, who grew up helping out on her family’s farm, developed all the skills required by a professional woodworker early on.

“It wasn’t so much as a passion — growing up doing woodworking – as much as a requirement: help mend a fence or work on the farm or do things like that,” she recalls. “When given a choice in high school between home economics and woodshop class I picked woodshop and welding. But the passion happened a lot later when the HGTV [TV channel for home improvement] came out.”

Still, carpentry wasn’t her first career choice. Wallen worked for 11 years with an IT company.

“I was pretty certain that that was my career path for the rest of my life,” she says. “So when I got laid off I was devastated. I just never expected that I would ever be laid off. I was applying for jobs everywhere but because I’m so type A. I can’t sit around and do nothing. And, I was driving my husband crazy.”

New career

Inspired by her dogs, Penny and Chloe, Wallen returned to her hobby… and made a crate for them. Then, she posted the pictures on line.

“That week I had five people reached out to me asking if I would build them one,” she says. “I wasn’t expecting that feedback. But I took it as divine intervention, maybe I need to change. I told my husband I was going to start building dog kennels.”

That surprised her husband, Kevin Wallen, who works in IT and also enjoys carpentry as hobby.

“I thought she was crazy,” he admits. “But after the first one was well-received, it was great. It was like ‘OK, this is going to take off.’”

And it did. But that wouldn’t have been possible without her husband’s help.

“I took over Mr. Mom,” he explains. “I kind of stepped in and had to be more hands on with kids and more hands on with the school stuff and dinners and things like that because her work was focused on building the business. So it was a big change, but being married that’s what you got to do. You got to step up every now and then.”

Wallen is thankful for her husband’s support.

“Kevin can also help pick up that slack when I need it,” she says. “He can come down here when I need help building and he can help me do that. If I need help putting kids to bed because I’m here building until eleven o’clock at night, he can do that too.”

That gave Wallen the time she needed to build her brand, Ginny Bins. Her products are made of recycled wood and have a warm, vintage look. She markets them on-line.

On line at the right time

Around the same time Wallen started her business, psychologist Heather Abbott was in the process of starting a day care center, Little Oaks Montessori Academy. She went online searching for furniture.

“I didn’t want to get the standard, just ordered off the Internet pieces, I wanted something very customized that looked like it would go into a home,” she says. “I saw Ginny Bins, Virginia woodwork business. I liked it. I contacted her.

Abbott says Wallen understood what she wanted, from the whimsical to the practical.

“One of the things that I really was looking for is a book shelf that looks like a tree,” Abbott says. “She’s like, ‘you know I’ve never made anything like this, but I’m going to give it a shot.’ She did it and it happens to be one of the children’s favorite pieces in the school. She made boards with little clips. A table for the staff kitchen. The angle of the room was weird and she had to make it small enough to fit in. She did Dutch doors on all the classrooms so we wouldn’t have to shut the doors, we don’t have to close it all completely. ”

Abbott loves each of these items and the message of unlimited possibilities behind them. “It’s to teach our teachers, our students, our families that pass by, so they know that Virginia made those pieces and they can say this is a stereotype that we’re breaking.”

Woodworker Virginia Wallen doesn’t like stereotypes and believes it’s time for women to ignore them and just do what they want.

That’s what she’s doing. And that’s how she’s found her passion, woodworking- the work she has fun doing every day.

 

 

 

 

 

 

 

 

Macron Hailed as European Unifier, but Reality Remains Elusive

 After failing to coax Washington to stick with the Iran nuclear deal, and facing protests at home over his labor and pension reforms, French President Emmanuel Macron may find solace Thursday in Germany, where he will be given a prestigious European award for another key ambition: far-reaching goals to reform and revamp the European Union. 

The Charlemagne Prize, which he will receive in the German spa town of Aachen, remains more of an aspirational nod to Macron’s European ambitions than his ability to actually unify the region. Named after the medieval emperor who ruled over a swath of western and central Europe, the prize is awarded to those contributing to European unity. 

Angela Merkel won the prize a decade ago for her work in unifying the bloc. Ironically, the German chancellor is now counted as one of the roadblocks in Macron’s call for a post-Brexit European Union to forge closer economic, political and defense bonds.

“It’s easier for him to reform France because he’s in charge,” said Charles Grant, director of the London-based Center for European Reform think tank, or CER, who believes Macron will ultimately succeed in implementing some but not many of his proposed EU changes. “The problem with Europe is he’s not in charge.” 

In Aachen, Macron is slated to deliver a major speech on the 28-member bloc — that dwindles to 27 with Britain’s slated 2019 departure — described as a continuation but not a replica of one he delivered at the Sorbonne University in Paris last September. There, the French president outlined a raft of priorities, from creating a European rapid response defense force and common asylum policy to deeper eurozone integration. 

One immediate deadline is looming to add substance to the rhetoric. Macron and Merkel are to present a joint plan for reforming the 19-member eurozone by June. But there is another in the not-so-distant future. European parliamentary elections are slated for next year, and some fear euroskeptic parties will score strongly. 

No longer a continent in crisis

Macron’s election a year ago, beating far-right National Front leader Marine Le Pen, has bucked a populist wave elsewhere in Europe, which saw Hungarian leader Victor Orban re-elected to a third consecutive term in April, and anti-establishment parties in Italy surging in March elections. 

In Germany, France’s co-partner in an EU that emerged from a ’50s-era coal and steel pact, a weakened Merkel and her coalition government are reluctant to push eurozone reforms too far. 

Still, some analysts point to encouraging signs for a more unified Europe. One is public support for the European Union itself, with a 2017 Eurobarometer survey showing three-quarters of Europeans view the bloc positively. 

And despite Britain’s planned 2019 exit, “Europe no longer appears to be a continent in crisis,” wrote researchers Kermal Dervis and Caroline Conroy in a Brookings Institution report last month. Even in debt-strapped Greece, “a majority of respondents now support the EU.” 

At least some of Macron’s proposed reforms will be adopted in the long term, the Brookings report predicted, injecting “new dynamism” into the EU, making European citizens more enthusiastic about the bloc and increasing its ability to assert its economic and social values on a changing world stage. 

More broadly, Macron’s leadership role in the EU is a sharp departure from recent tradition. Under Merkel, Germany has been Europe’s main motor over the past decade, and Washington’s go-to European interlocutor under former President Barack Obama. Today, it is France that is putting its stamp on international affairs in the Middle East and the Sahel, and President Donald Trump’s European calls are more likely placed to Paris, not Berlin.

European resistance

So far, however, the French president has little to show for it. Trump’s decision to pull out of the Iran agreement on Tuesday has left Europeans scrambling to salvage it, and Macron has yet to secure permanent European exemptions to U.S. metals tariffs.

Macron is also facing German resistance to many of his European reform proposals. On defense, France and Germany recently agreed to jointly develop new military weapons, including a next-generation fighter plane. But there is less appetite in other areas, notably the French leader’s call for closer eurozone financial integration, complete with a eurozone budget and finance minister. 

If Macron is to push Berlin further, he must first prove himself at home, CER’s Grant believes. France’s own economy is only recently emerging from years of lackluster performance. But in March, the country finally met the EU’s 3 percent public deficit cap — posting a surprising 2.6 debt-to-public-deficit ratio — for the first time in more than a decade. 

“If he does succeed in reforming the French economy — which I think he is doing — it will be much harder for the Germans to say no on eurozone reforms,” Grant said. 

Still Macron faces considerable resistance at home. 

Tens of thousands of French took to the streets last Saturday, marking Macron’s year anniversary in office with massive rallies against his proposals. Striking rail and airline employees are snarling commuting schedules and costing their employers billions of dollars in losses. The president’s popularity has hit record lows. Yet the majority of French also support Macron’s rail reforms — and crucially his young La Republique en Marche party controls the French parliament, assuring his legislation safe passage.

A bigger roadblock to eurozone reforms lies outside France. Italy — Europe’s third-largest economy — faces a political deadlock and a shaky economy, making any substantial deepening of the financial union unlikely in the immediate future, Grant said.

Cautious optimism

More fundamentally, perhaps, the French president’s vision of Europe is at odds with those of populist leaders and parties that are resonating in many parts of the continent. Macron has called for a more flexible bloc, which tacitly allows more pro-European countries to forge ahead and more skeptical ones to lag behind. Other EU member states have not signed on to the idea, but analysts such as Grant believe it will become a reality in fact, if not in rhetoric. 

Others are cautiously optimistic the French leader may prevail in his European ambitions, but only with a massive effort in rallying European public opinion to his side — mirroring, in some ways, his surprising victory in last year’s elections.

“Macron will need a ‘Europe en March’ … a project for the democratic unification of Europe,” international affairs experts Brendan Simms and Daniel Schade wrote in The New Republic. “… The French cannot be armed missionaries — that never worked — but they must be the animating spirit of the union.”

Energy Stocks Jump on Wall Street After US Quits Iran Deal

Wall Street surged on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump’s decision the previous day to quit a nuclear agreement with Iran.

Gains were broad and volume was high, with all but the utilities and telecom sectors advancing as investors who had moved to the sidelines in recent days ahead of Trump’s decision returned to the market.

“It’s classic ‘buy on the terrible news,’ ” said Ian Winer, director of trading at Wedbush Securities in Los Angeles, referring to the wider market’s rally. “People had gotten way too nervous about this.”

Trump’s decision for the United States pull out of the international agreement aimed at preventing Iran from obtaining a nuclear weapon was good news for investors betting on a rise in oil prices. Crude hit its highest level in 3½ years as investors bet the U.S. withdrawal would increase risks of conflict in the Middle East and curtail global oil supplies.

The S&P energy index jumped 2.03 percent, bringing its gain this quarter to 12.6 percent, more than any other sector.

“The rise in oil is helping energy sector, which is expected to be a pretty big growth sector. A lot of analysts are expecting strong earnings as oil rebounds, and that hasn’t really played out so much early this year,” said Shawn Cruz, senior trading specialist at TD Ameritrade in Chicago.

The Dow Jones industrial average rose 0.75 percent to end at 24,542.54 points, while the S&P 500 gained 0.97 percent to 2,697.79. The Nasdaq Composite added 1 percent to finish the session at 7,339.91.

Volatility Index down

The Cboe Volatility Index, the most widely followed barometer of expected near-term volatility for the S&P 500, closed down 1.29 points at 13.42, its lowest close since January  26.

Worries lingered that rising oil prices would perk up inflation. The U.S. 10-year Treasury yield rose to a two-week high and above the key 3 percent level on expectations of higher interest rates.

With March quarter reports mostly wrapped up, S&P 500 earnings per share appear to have surged by 25.9 percent, helped by deep corporate tax cuts introduced this year, according to Thomson Reuters I/B/E/S.

In stock trading, Google-owner Alphabet Inc. rose 2.87 percent, providing more lift than any other stock to the S&P 500. It was followed by Facebook Inc., which rose 2.09 percent.

Walmart Inc. fell 3.13 percent after the retailer took a majority stake in Indian e-commerce firm Flipkart for about $16 billion.

Walt Disney dipped 1.79 percent despite reporting a quarterly profit above Wall Street estimates.

Advancing issues outnumbered declining ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored advancers.

The S&P 500 posted 40 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 168 new highs and 52 new lows.

Volume on U.S. exchanges was 7.1 billion shares, compared with the 6.6 billion-share average over the last 20 trading days.

Russian Firm Tied to ‘Putin’s Cook’ Pleads Not Guilty in US

A Russian company accused by U.S. prosecutors of funding a propaganda operation to tilt the 2016 presidential election in President Donald Trump’s favor and stir disharmony in the United States pleaded not guilty Wednesday in federal court.

Concord Management and Consulting LLC is one of three entities and 13 Russian individuals indicted by Special Counsel Robert Mueller’s office in February in an alleged criminal and espionage conspiracy to tamper in the U.S. race, boost Trump and disparage his Democratic opponent Hillary Clinton.

The indictment said Concord is controlled by Russian businessman Evgeny Prigozhin, who U.S. officials have said has extensive ties to Russia’s military and political establishment.

The indictment said Concord controlled funding, recommended personnel and oversaw the activities of the propaganda campaign.

Prigozhin, also personally charged by Mueller, has been dubbed “Putin’s cook” by Russian media because his catering business has organized banquets for Russian President Vladimir Putin and other senior political figures. He has been hit with sanctions by the U.S. government.

“We plead not guilty. We exercise the right to a speedy trial,” the company’s U.S.-based defense lawyer Eric Dubelier said during the arraignment before Magistrate Judge G. Michael Harvey, who scheduled a May 16 status hearing.

Another business entity that prosecutors said was controlled by Prigozhin, Concord Catering, was named in the indictment, along with the Internet Research Agency, a St. Petersburg-based Russian troll farm.

Dubelier told the court he was not authorized to represent Concord Catering, adding that prosecutors had indicted a “proverbial ham sandwich” because the entity did not exist during the time the alleged misconduct occurred.

Mueller’s indictment said the Russian defendants adopted false online personas to push divisive messages, traveled to the United States to collect intelligence and orchestrated political rallies while posing as Americans. Moscow has denied meddling in the election.

Mueller also is investigating whether Trump’s campaign colluded with Russia and whether the president has unlawfully sought to obstruct the probe. Trump has denied collusion and obstruction, calling Mueller’s investigation a “witch hunt.”

Russia does not have an extradition agreement with the United States, making it difficult to apprehend the Russian defendants.

As expected, no corporate representatives for Concord or any of the other corporate defendants appeared in court.

“Alas, they are not here,” prosecutor Jeannie Rhee said. “The government would be thrilled if they were here.”

Mueller’s office tried unsuccessfully to win a delay in the arraignment, saying it was unsure if Dubelier and another U.S. lawyer hired by Concord Management and Consulting were authorized to represent the company because the Office of the Prosecutor General of Russia declined to accept a court summons.

Google Suspends Advertising Related to Irish Abortion Referendum

Google is suspending all advertising connected to Ireland’s abortion referendum as part of moves to protect “election integrity,” the company announced Wednesday.

The move came a day after Facebook banned foreign-backed ads in the Irish campaign, amid global concerns about online election meddling and the role of internet ads in swaying voters. 

Google said that starting Thursday, it would no longer display ads related to the May 25 vote on whether to repeal Ireland’s constitutional ban on most abortions.

The prohibition on ads connected to the Irish vote applies to both Google and YouTube, which the company owns.

The online search leader, which is based in Mountain View, California, declined to say how much advertising revenue it was giving up because of the decision.

Russian role

The role of online ads in elections is under scrutiny following revelations that Russian groups bought ads on leading services such as Google and Facebook to try to influence the 2016 U.S. presidential campaign. Many of the ads were designed to sow confusion, anger and discord among Americans through messages on hot-button topics.

Karin von Abrams, a London-based analyst with the research firm eMarketer, said banning ads represented a short-term safeguard from potential backlash and reputational damage.

“They won’t want to forgo election-related revenues in the longer term, but they do need to get their houses in order, rather than risk further troubles at this stage,” von Abrams said in an email Wednesday.

Google’s statement followed Facebook’s decision Tuesday to ban foreign advertisements around the abortion referendum, which has drawn worries about the influence of North American groups.

Both Google and Facebook are working on measures to improve transparency before November’s U.S. midterm elections, including tools to show the home country of advertisers.

Ireland bars political donations from abroad, but the law has not been applied to social media advertising. Anti-abortion groups based in the United States are among the organizations that have bought online ads in Ireland during the referendum campaign.

’11th hour’ effort

Irish lawmaker James Lawless, technology spokesman for the opposition Fianna Fail party, welcomed the moves by Google and Facebook, but said “they are rushed and they are coming at the 11th hour,” with just two weeks until voting day.

“It’s a step in the right direction, but it’s an awful pity we couldn’t have done this six months ago,” said Lawless, who has introduced a bill to Ireland’s parliament that would require all online advertisers to disclose the publishers and sponsors behind ads.

Largely Catholic Ireland has Europe’s strictest restrictions on abortion, which is legal only when a woman’s life is in danger. Several thousand Irish women travel each year to get abortions in neighboring Britain.

Voters are being asked whether they want to retain the constitutional ban or repeal it and make parliament responsible for creating abortion laws.

Lawless said he had concerns about some of the online advertising from both sides in the referendum campaign.

“Some quite disingenuous ads have been going around in recent weeks targeting people who are in the middle that aren’t always from who they seem to be from,” he said.

“What we really need is legislation and we need a proper, robust, thought-out approach” to the problem, he said.

Hedge Fund Founder Charged with Mismarking Securities

 A New York hedge fund founder was arrested Wednesday on charges that he exaggerated his company’s performance by over $200 million to impress and preserve investors.

Anilesh Ahuja, 49, of Manhattan, was charged with conspiracy, securities fraud and wire fraud.

Federal officials said that the founder, chief executive officer and chief investment officer of the investment firm Premium Point Investments LP had carried out a fraud from 2014 through 2016 that was designed to make investors believe that the firm’s hedge funds were doing much better than they were. Between 2008 and 2016, the firm managed billions of dollars in assets, exceeding $5 billion at one time at its peak, authorities said.

Amin Majidi, 52, of Armonk, New York, a former Premium Point portfolio manager, and Jeremy Shor, 46, of Manhattan, a former trader at the firm, also were charged. A lawyer for Ahuja did not immediately comment. A lawyer for Majidi declined comment. An attorney for Shor did not immediately return a message.

“By allegedly cooking the books, Ahuja and his co-defendants made the fund appear more attractive to would-be investors and dissuaded current investors from withdrawing their investments,” said Audrey Strauss, a federal prosecutor.

William F. Sweeney Jr., head of the New York FBI office, said in a release that the defendants’ “alleged practice of intentionally misleading investors and mismarking securities held in the funds they managed allowed them to charge higher fees and hold captive money that would have likely been withdrawn had their clients been aware of the hedge fund’s actual value.”

According to an indictment, Ahuja started his firm in 2008 and launched the company’s flagship mortgage credit fund a year later. After the firm began overstating the net asset value of its funds by more than $200 million at times, it was able to charge investors higher management and performance fees and could forestall redemptions, authorities said.

Prosecutors also announced Wednesday that the firm’s former chief risk officer and a former salesman at a broker-dealer have pleaded guilty to charges and are cooperating.

The Securities and Exchange Commission also filed civil charges against Ahuja, Majidi and Shor.

“Investors rely on their investment advisers to fairly and accurately value securities, and that is especially true when the securities trade in opaque markets,” said Daniel Michael, chief of the SEC’s Complex Financial Instruments Unit.  “As we allege, Premium Point masked its true performance, which denied investors the opportunity to make informed investment decisions.”

OPEC Source: Saudi Arabia Will Not Act Alone to Fill Any Iran Oil Shortfall

Saudi Arabia is monitoring the impact of the U.S. withdrawal from the Iran nuclear deal on oil supplies and is ready to offset any shortage but it will not act alone to fill the gap, an OPEC source familiar with the kingdom’s oil thinking said.

U.S. President Donald Trump on Tuesday abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. The original agreement had lifted sanctions in exchange for Tehran limiting its nuclear program.

Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia and Iraq.

During the last round of sanctions, Iran’s oil supplies fell by around 1 million barrels per day (bpd), but the country re-emerged as a major oil exporter, especially to refiners in Asia, after sanctions were lifted in January 2016.

“People shouldn’t take it for granted that Saudi Arabia will produce more oil single-handedly. We need to assess first the impact if there is any, in terms of disruption, in terms of a reduction of Iran’s production,” the OPEC source said Wednesday.

“We have managed to put together this new alliance between OPEC and non-OPEC. Saudi Arabia will not in any way act independently of its partners.”

Riyadh is working closely with the United Arab Emirates (UAE), which holds OPEC’s presidency in 2018 and non-OPEC producer Russia for “coordination and market consultations,” the OPEC source said.

He said any action would be taken in coordination with all OPEC and non-OPEC partners, if needed.

OPEC’s oil supply-cutting deal with non-OPEC producers such as Russia has helped to clear a global oil supply glut and boost prices. The agreement is due to expire at the end of 2018.

OPEC officials from Saudi Arabia, the UAE and Russia along with few other producers in the pact are due to meet in Saudi Arabia on May 22-23 as part of a monthly meeting for the Joint Technical Committee which monitors the oil market.

Saudi Arabia, the world’s largest oil exporter and top OPEC producer, is concerned about any negative impact from the potential oil supply shortage for oil-consuming countries, the OPEC source said.

But Saudi Arabia has enough oil production capacity — currently at 12 million barrels per day (bpd) — to maintain oil market stability, the OPEC source also said.

Iran produces about 3.8 million bpd. Since the Iran nuclear deal went into effect, its exports have risen to about 2.5 million bpd, from less than 1 million bpd. A majority goes to Asia, with Europe receiving about 600,000 bpd.

Analysts now expect Iran’s supplies to fall by between 200,000 bpd and 1 million bpd, depending on how many other countries fall in line with Washington.

Trump and oil prices

Expectations that new U.S. sanctions could hit Iranian crude exports and feed tensions in the Middle East had pushed oil prices higher in the past few weeks.

Brent crude was trading about $77 at a 3-1/2 year high on Wednesday, raising concerns that prices were going too high too fast.

Trump accused OPEC last month of “artificially” boosting oil prices in a message on Twitter, the first time he has mentioned OPEC on social media.

His tweet was seen by OPEC sources as the U.S. president’s way to appease a domestic audience unhappy about a rise in gasoline prices.

A key U.S. ally, Saudi Arabia welcomed Trump’s decision to withdraw from the nuclear agreement with Iran and to reimpose economic sanctions.

Riyadh also said it would work with OPEC and non-OPEC to lessen the impact of oil shortages in a clear indication that the country has been coordinating with Washington ahead of time, sources familiar with the matter said.

“You need to work with your partners in dealing with any potential effect on supply,” the OPEC source said.

“But it should be done in a collective coordinated way and that can only happen when you start to be able to assess what would be the impact.”

OPEC and non-OPEC meet next in June and they are widely expected to keep supply curbs in place until the end of 2018.

But a drop in Iranian exports due to U.S. sanctions, plus supply disruptions in other OPEC members, such as Venezuela, could reduce supply more than planned, leading to a potential price spike.

But the OPEC source said a rise in prices due to the market’s worries about supply should not be the parameter for OPEC to adjust output.

The OPEC source said any decision in June to raise output “should be driven by a potential physical shortage or reduction in production from any oil supply source not only Iran.”

“You only handle [output] when you have a semi-clear idea of what would be the potential impact. It is too early now to do that,” the source said.

He also said Saudi Arabia does not expect any physical impact on the oil market from the U.S. Iran sanctions until the third or fourth quarter of this year.

OPEC’s objective is still to reduce global oil inventories to an acceptable level, and any adjustment in production targets should be done in a coordinated way, the OPEC source said.

“This way you do not disrupt a mechanism that we have worked hard to put together and to sustain just to address a short-term issue,” the source said.

Iran Deal Signatories Still Committed After US Exit

Following President Donald Trump’s decision to withdraw from the international agreement on Iran’s nuclear program, the other signatories said Wednesday they remain committed to the deal.

French Foreign Minister Jean-Yves Le Drian told RTL radio the agreement is “not dead.” He said French President Emmanuel Macron and Iranian President Hassan Rouhani were due to speak to each other Wednesday, and that the foreign ministers of France, Britain and Germany would discuss the situation with Iranian officials on Monday.

In addition to those diplomatic moves, the foreign ministers of Russia and Germany are holding their own talks Thursday in Moscow with Iran on their agenda.

China’s Foreign Ministry pledged to safeguard the 2015 deal known as the Joint Comprehensive Plan of Action (JCPOA) and said that it regrets Trump’s decision to walk away from the pact.

A joint statement from the European Union said the JCPOA has so far been working to meet its goal of ensuring Iran does not develop nuclear weapons, and that lifting sanctions on Iran has had a positive impact on trade and relations.

That contrasts strongly with Trump’s view of what he said Tuesday is “a horrible one-sided deal that should have never, ever been made.”

In remarks from the White House Diplomatic Room, the president declared that the United States is immediately reinstating all nuclear-related sanctions it waived as part of the JCPOA.

He said the agreement, reached under former President Barack Obama, “didn’t bring calm, it didn’t bring peace, and it never will.”

Inside Iran’s parliament Wednesday, Trump’s decision was greeted with lawmakers setting fire to a piece of paper with a picture of the American flag as well as another paper representing the nuclear deal.

Parliament Speaker Ali Larijani said Iran’s nuclear department should be ready to resume all of its activities.

And President Rouhani said earlier Iran would remain committed to the multinational pact.

Trump’s decision to withdraw from the agreement came despite pleas from several of America’s closest allies in Europe not to imperil the pact. Trump and hard-liners close to the president, such as Secretary of State Mike Pompeo and National Security Adviser John Bolton, have been fierce advocates for scrapping it.

A senior State Department official told reporters the Trump administration had made “good progress” and “got close” in efforts to reach a supplemental deal with European partners in recent months, including on the issues of ballistic missiles and regional issues.

But the official said the sticking point that prevented an agreement was the so-called sunset clauses in the nuclear deal that allow certain provisions to expire after a given number of years.

Israel, believed to be the only country in the Middle East with a nuclear arsenal, has also backed Trump’s rhetoric on the JCPOA.

Obama, whose administration led intense negotiations to strike the agreement, called Trump’s action “misguided.”

“I believe that the decision to put the JCPOA at risk without any Iranian violation of the deal is a serious mistake,” he cautioned in a statement.

Immediately after Trump’s remarks, the U.S. Treasury Department announced “wind-down provisions” for existing contracts that European countries have with Tehran to avoid running afoul of U.S. banking regulations.

Under those provisions, after six months sanctions will be back in place related to Iran’s oil, petrochemical and shipping sectors as well as its central bank. Sanctions involving Iran’s purchase of U.S. bank notes, trade in gold or precious medals and providing Iran with aluminum or steel.

A senior White House official told reporters that new sanctions are possible “as new information comes to light.”

Trump’s move allows him to claim he has accomplished one of his major 2016 election campaign promises — removing the United States from the pact he repeatedly deemed “the worst deal ever.”

 

“People will make this all about Trump, but it is not,” James Carafano, vice president for the Heritage Foundation’s national security and foreign policy institute, told VOA. “The deal was not sustainable over time. No one was happy with it, not even the Iranians, who expected big benefits that never materialized. Trump did the equivalent of a mercy killing.”

 

Proponents of the JCPOA accuse Trump of misrepresenting the agreement’s clauses, contending it has successfully frozen Iran’s nuclear weapons development. They also said the deal’s demise could prompt a nuclear arms race in the region.

Trump’s announcement was made as he prepares to meet — possibly in about a month — North Korea’s leader, Kim Jong Un, to discuss a possible denuclearization agreement.

 

US Lawmakers Get Involved in Macedonia/Greece Name Dispute

U.S. lawmakers are weighing in on the decades-long dispute between Greece and the Former Yugoslav Republic of Macedonia. Greece has objected to its neighbor calling itself Macedonia, arguing the name implies a territorial claim to a region in Northern Greece with the same name. Experts say this is the last obstacle to Macedonia joining NATO And with Russian influence growing in Europe, there’s a new push to include the former Yugoslav republic in the alliance. VOA’s Jane Bojadzievski has more.

Trump Withdraws US from Iran Nuclear Deal

After years of calling the Iran nuclear deal “insane,” disastrous,” and “the dumbest deal ever,” President Donald Trump on Tuesday pulled the U.S. out of the agreement. Trump’s decision is a major blow to the Iran nuclear accord, reached in 2015 among Iran, the U.S., and five other world powers. The main question now is whether the rest of the deal may fall apart, reports VOA’s Bill Gallo.

US Trade Embargo Has Cost Cuba $130B, UN says

A United Nations agency said on Tuesday an “unjust” U.S. financial and trade embargo on Cuba had cost the country’s economy $130 billion over nearly six decades, coming up with the same estimate as the island’s communist government.

Although many U.S. allies join Washington in criticizing Cuba’s one-party system and repression of political opponents, the United States has lost nearly all international support for the embargo since the collapse of the Soviet Union.

The U.N. has adopted a non-binding resolution calling for an end to the embargo with overwhelming support every year since 1992. In a report ahead of the vote last year, Cuba estimated total damage from the embargo at $130 billion.

“This country which welcomes us today .. is testing its own ways to face the brutal human costs that it has sustained during an unjust blockade,” the head of the U.N.’s regional economic body for Latin America, ECLAC, Alicia Barcena told its biennial meeting in Havana on Tuesday.

“We evaluate it every year as an economic commission and we know that this blockade costs the Cuban people more than $130 billion at current prices and has left an indelible mark on its economic structure,” she said, without detailing how the organization came to that estimate.

After agreeing to a historic U.S.-Cuban detente in 2014, former U.S. President Barack Obama eased the embargo, which was fully put into place in 1962. But U.S. President Donald Trump last year tightened travel and trade restrictions again. Only the U.S. Congress can lift it in full.

“Despite the difficulties the Cuban economy is faced with, particularly due to the intensification of the blockade imposed on Cuba… we will continue to focus on the development goals set,” Cuban President Miguel Diaz-Canel said in his opening remarks at the meeting, attended also by U.N. Secretary-General Antonio Guterres.

Cuba’s Soviet-style, centralized economy has grown just 2.4 percent on average per year over the past decade, official statistics show, much less than the 7 percent annual expansion the government has estimated it needs in order to develop.

Cuba hoped market reforms introduced in the last decade would boost growth, but they have so far borne mixed results.

The ruling Communist Party earlier this year admitted implementation had been harder than expected.

ECLAC will support Cuba’s reform program, Barcena said.

Trump to Allow Year-Round Sales of High-Ethanol Gas

President Donald Trump will allow year-round sales of renewable fuel with blends of 15 percent ethanol as part of an emerging deal to make changes to the federal ethanol mandate.

 

Republican senators and the White House announced the deal Tuesday after a closed-door meeting, the latest in a series of White House sessions on ethanol.

 

The Environmental Protection Agency currently bans the 15-percent blend, called E15, during the summer because of concerns that it contributes to smog on hot days. Gasoline typically contains 10 percent ethanol. Farm-state lawmakers have pushed for greater sales of the higher ethanol blend to boost demand for the corn-based fuel.

 

Iowa Sen. Chuck Grassley called the agreement good news for farmers and drivers alike, saying it would increase ethanol production and consumer choice at the pump.

 

Texas Sen. Ted Cruz said the deal will save the jobs of thousands of blue-collar workers at refineries in Texas, Pennsylvania and other states.

 

“Terrific final decision from @POTUS meeting,” Cruz tweeted. “This is a WIN-WIN for everyone.”

 

The decision allowing E15 to be sold year-round will provide “relief to refiners” and “protect our hardworking farmers and refinery workers,” White House spokeswoman Lindsay Walters said. “The president is satisfied with the attention and care that all parties devoted to this issue.”

 

Trump met Tuesday with Grassley, Cruz, Iowa Sen. Joni Ernst and Pennsylvania Sen. Pat Toomey, as well as EPA Administrator Scott Pruitt and Agriculture Secretary Sonny Perdue.

 

The EPA oversees the decade-old Renewable Fuel Standard, commonly known as the ethanol mandate, which sets out how much corn-based ethanol and other renewable fuels refiners must blend into gasoline. The program’s intent was to address global warming, reduce dependence on foreign oil and bolster the rural economy by requiring a steady increase in renewable fuels over time.

 

The mandate has not worked as intended, and production levels of renewable fuels, mostly ethanol, routinely fail to reach minimum thresholds set in law.

 

Environmental groups criticized the deal, saying it would worsen air pollution during summer months.

 

“Waiving clean-air standards at the behest of one favored industry would not only set a precedent for bad policy, it could cost lives,” a coalition of environmental groups said in a statement.

 

Ernst said allowing year-round sale of E15 “will drive up domestic ethanol production and consumption” while helping to “maintain already low prices” for fuel credits that oil refiners must buy if they can’t blend ethanol into their fuels.

 

She and Grassley also said they were encouraged that the Trump administration will take a closer look at “hardship” waivers that have been granted to small refineries, a practice they say has hurt biofuels and undermined the RFS.

 

The EPA has reportedly granted a waiver to a refinery owned by billionaire Carl Icahn, a former Trump adviser, as well as other small refineries. The agency has not disclosed which refineries received the waivers, saying it did not want to reveal private business information.

 

Cruz said the president also agreed to consider his proposal to include fuel credits for ethanol that is produced domestically and exported. The proposal is meant to make it easier for the industry to meet annual sales volumes required under the renewable-fuel mandate.

 

“This is good for farmers, refiners and America,” Cruz said in a statement.

 

But the Renewable Fuels Association, an industry group, said allowing exports to qualify for RFS compliance could dramatically reduce domestic demand and result in retaliatory trade barriers from countries that import U.S. ethanol.

 

The group’s president, Bob Dinneen, called the export idea a “disgrace” and said ethanol producers and farmers would bear the brunt of any retaliatory tariffs.

China Cuts US Soybean Purchases

With the threat of tariffs and counter-tariffs between Washington and Beijing looming, Chinese buyers are canceling orders for U.S. soybeans, a trend that could deal a blow to American farmers if it continues.

At the same time, farmers in China are being encouraged to plant more soy, apparently to help make up for any shortfall from the United States.

 

Beijing has included soybeans on a list of $50 billion of U.S. exports on which it has said it would impose 25 percent tariffs if the United States follows through on its threats to impose the same level of tariffs on the same value of Chinese goods. The U.S. tariffs could kick in later this month; China would likely retaliate soon after.

It can take a month or longer for soybean shipments to travel from the U.S. to China. Any soybeans en route to China now could be hit by the tariff by the time they arrive.

“The Chinese aren’t willing to buy US soybeans with a 25 percent tax hanging over their head,” said Dan Basse, president of AgResource, an agricultural research and advisory firm. “You just don’t want the risk.”

China typically buys most of its soybeans from South American nations such as Brazil and Argentina during spring and early summer. It shifts to U.S. soybeans in the fall. As a result, for now, the cutbacks from the United States are relatively small.

But should they persist, it could cause real pain to U.S. farmers. Roughly 60 percent of U.S. soybeans are shipped to China.

There might also be a political impact: Three of the top five soybean-exporting states — Iowa, Indiana and Nebraska — voted for President Donald Trump in 2016.

Illinois, the top soybean exporter, and Minnesota, the third-largest, backed Hillary Clinton.

Basse said that it has been roughly three weeks since China has made any major soybean purchases, an unusually long delay.

Some Chinese buyers might be showing support for their government in the trade dispute by turning away U.S. soybeans, Basse said. The dispute may also make it seem too risky to buy from the United States over the long run.

“The United States could lose the reliable supplier label that we’ve had these many years,” Basse said.

Data from the U.S. government data show that sales of soybeans have fallen from about 255,000 metric tons in the first week of April, when the trade dispute began, to just 7,900 in the week that ended April 26.

Cancellations have also jumped, to more than 140,000 metric tons in the week ending April 26. In the same week last year, there were no canceled sales at all.

Some analysts argue that the shifts aren’t yet particularly significant. China buys most of its soybeans from the United States in the late summer and fall, and then switches to South American sources, mainly Brazil and Argentina, in the spring. So the current market activity doesn’t necessarily reflect the pattern that would occur during the main buying season.

“These numbers we’re talking about are pretty minor,” said John Baize, an economist for the U.S. Soybean Export Council.

The U.S. ships about 35 million metric tons of soybeans to China a year, Baize said. China usually imports about 100 million tons a year and can’t import enough from other countries, he said, to abandon the United States as a source.

“Where’s China going to buy its beans?” Baize asked.

That may be true in the short run. But Basse suggests that Brazil has enough land that could be used for soybean cultivation that it could soon mostly replace the United States as a supplier to China.

And if the Chinese market were to be closed to U.S. farmers, they might be able to sell some portion of their soybeans to other markets. Baize said that huge multinational companies, such as Cargill and ADM, might, for example, sell more U.S. soybeans to Europe, where they wouldn’t face any tariffs, though this likely wouldn’t make up for the loss of the Chinese market.

At the same time, China is looking more to its own farmers. Since China announced its potential tariffs on U.S. soy in April, the government has encouraged farmers to cultivate more soybeans. Beginning this month, Chinese farmers say, Beijing reduced corn subsidies and raised annual soybean subsidies from 2550 yuan ($400) per hectare to 3000 yuan ($470) or more per hectare in major soybean-producing provinces in northeast China.

An adjustment had already been planned to help draw down China’s substantial corn stockpiles, so the change wasn’t necessarily aimed at U.S. soy growers, analysts say.

But the subsidy adjustment did come with political undertones. Officials in major soybean-producing provinces were describing the promotion of local soybeans as “the most important political task in agricultural production at present.” Heilongjiang in northeast China announced a pilot project to plant soybeans on over 100,000 new hectares, with an extra 2,250 yuan ($353) subsidy per hectare.

The moves are prompting farmers like Liu Cong to focus more on growing soy. Liu says he used most of his land to grow corn last year but this year is planting more soybeans.

“This is encouraging for farmers,” he said in a phone interview. “We’re more motivated.”

Zhang Xiaoping, China director for the U.S. Soybean Export Council, says that Chinese buyers have been canceling soybean purchases of last year’s U.S. soybean harvest because of the threat of tariffs.

“The buyers literally stopped buying from the U.S.,” Zhang said. “Exporters cannot find any buyers in China.”

Bosnia Calls October 7 Election, Rules Still in Dispute

Bosnia will hold presidential and parliamentary elections on October 7, even though rival ethnic leaders have yet to agree on voting rules for the upper house of the Bosniak-Croat Federation’s parliament.

Nearly 3.4 million voters will choose Croat, Serb and Bosniak members of the tripartite presidency and lawmakers for parliament’s lower house, plus regional leaders and assemblies, the Central Election Commission (CIK) said on Tuesday.

But CIK chief Irena Hadziabdic warned: “We are entering the election period without clear regulations on how to carry out elections and contrary to the international principles.”

Days after the European Union said Bosnia risked sliding into a constitutional crisis, she said Federation institutions could cease to operate unless a  solution to the dispute over voting rules is found.

“Unless we … reach a solution within a legal time-frame, we are facing a major problem,” Hadziabdic told a news conference.

The Balkan country has been governed along ethnic lines since a 1995 peace deal ended a four-year-long war that claimed 100,000 lives. The accords split Bosnia into two autonomous regions, the Serb Republic and the Bosniak-Croat Federation, which are linked via a weak central government.

Christian Croat and Muslim Bosniak political parties are currently deadlocked over amendments to the law on voting for the upper house of parliament of their joint Federation.

Responding to an appeal by Croat nationalists, Bosnia’s Constitutional Court ruled in 2016 that candidates elected to the upper house should come from main parties that draw the support of most of their respective ethnic kin.

Croat parties have since proposed new, ethnically-based electoral districts where people would vote only for their own community’s representatives at all levels of governance including the presidency.

They say they want to prevent Muslim Bosniaks, the majority group in the Federation, from bringing about the election of Croats of a civic, non-nationalist persuasion they see as not serving the best interests of Bosnian Croats.

But Bosniak parties oppose their proposals, fearing they could be a maneuver to forge a separatist Croat entity reminiscent of Bosnia’s devastating 1992-95 war.

Western envoys have been mediating talks between the parties but no breakthrough has been made. The EU last week warned Bosnian leaders not to hold the election results “hostage to party interests.”

Bosnian Serb, Bosnian Croat and Muslim Bosniak leaders have heated up nationalist rhetoric recently, launching election campaigns unusually early and halting reforms needed for Bosnia to progress towards membership of the EU and NATO.