The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President Donald Trump’s demand that the European Union buy more of the product.
“Today’s decision is new proof that the European Union is delivering on our commitments,” EU Commission spokesman Margaritis Schinas said Tuesday. “[T]his means that as of today it will be easier for U.S. soybeans to enter the EU market.”
The EU currently imports around 14 million tonnes of soybeans annually for animal feed. The U.S. already holds a commanding share of the market. However, the commission’s decision to allow U.S. soybeans to be used in the making of biofuels — an agriculture-based energy alternative to fossil fuels — is expected to dramatically increase demand in Europe.
The approval follows months-long negotiations between the White House and EU leaders. Trump agreed in July not to slap tariffs on European vehicles in exchange for promises that EU member countries would purchase more U.S. natural gas and soybeans. That original agreement already helped pave the way for a 112 percent increase in U.S. soybean imports in the second half of 2018.
China promises changes to foreign investment law hours before the two-day negotiations start
High stake trade talks between the United States and China started Jan. 30 in Washington in a bid to resolve differences and reach an agreement before the March deadline.
The U.S. and Chinese officials met at the Eisenhower Executive Office Building located next to the White House, opening two days of high-level talks. U.S. Trade Representative Robert Lighthizer leads the American delegation, while the Chinese team is headed by Vice Premier Liu He. President Donald Trump will also meet Liu on Jan 31.
As part of the truce deal between Trump and Chinese leader Xi Jinping in early December last year, China agreed to deliver structural changes that Washington has been demanding for years. Both sides agreed to start talks on reforms with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, and opening the Chinese market to U.S. services as well as agriculture.
In an effort to ease negotiations in Washington, Beijing announced that it would pass a new foreign investment law to end forced technology transfers and other restrictions imposed by the state. The announcement came hours before the start of two-day talks. State-run Xinhua news agency reported that the National People’s Congress would vote on the new investment law, when it holds its first annual session on March 5.
“Once adopted, the unified law will replace three existing laws on Chinese-foreign equity joint ventures, non-equity joint ventures (or contractual joint ventures) and wholly foreign-owned enterprises,” stated the Xinhua report.
The report also said that the law would help attract more foreign investment to China, protect foreign investors’ legal rights and interests, and provide a favorable business environment.
The draft legislation, which was first reviewed by the NPC’s Standing Committee in December is said to ban compulsory technology transfer, guarantee equal treatment of foreign companies, and protect their intellectual property rights.
According to critics, however, some of the details of the draft law are vague and hence Beijing’s move will not play a significant role in the negotiations.
The Chinese Communist Party’s expedited review of the foreign investment law intended to serve as a bargaining chip for trade negotiations, according to Xie Tian, a professor at the University of South Carolina.
“The most crucial issue is that no matter what the CCP does, the international community does not believe it,” he told NTD, a media partner of The Epoch Times.
Sarah Sanders: I Think God Wanted Donald Trump To Be President
“I think God calls all of us to fill different roles at different times and I think that he wanted Donald Trump to become president,” she said in an interview with Christian Broadcasting Network. “And that’s why he’s there and I think he has done a tremendous job in supporting a lot of the things that people of faith really care about.”
Sanders gave CBN News a lengthy interview where she also responded to questions about Nancy Pelosi calling Trump’s proposed wall as “immoral.” CBN provided Breitbart News with a transcript of the interview.
Trump Effect: NATO Partners Send $100 BILLION to Organization
By Tiffany Layne
January 30, 2019
Once again, Trump can say “mission accomplished.” His no-holds-barred style might not be politically correct, but it certainly gets the job done.
Six months ago, Trump spent two days at the NATO Summit in Brussels. There, he made headlines after he explained why allies needed to up the ante. Immediately, Trump was able to get an additional commitment of $33 million to finish out 2018.
Further, Trump promised these allies would continue to up their commitments to create an even stronger NATO.
At the time, NATO Secretary General Jens Stoltenberg said: “We understand that this American president is very serious about defense spending. And this is having a clear impact,” he said. “So we are stepping up as never before, allowing U.S. spending to go down.”
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Once again, foreign citizens understand Trump better than leftists do. They absolutely hate to admit this is one more check mark for the list: Promises Made / Promises Kept.
Trump told us on the election trail that it was time the US stopped paying everyone else’s share. Unfortunately, the United States paid nearly three quarters of NATO’s funding before Trump decided it was unacceptable. But dems didn’t believe this was a promise the President could pull off.
If fact, after Brussels, most liberals assumed this was a one-time payment to appease the American President. They had no idea Trump would continue to monitor and influence the situation. As the Telegraph UK reported,
Nato states will increase their defence spending by 100 billion dollars in response to Donald Trump’s demands that European allies shoulder a greater financial burden, the alliance’s secretary general has said.
Jens Stoltenberg said on Sunday that the alliance had heard Mr Trump’s call for non-US members to shoulder a greater financial burden “loud and clear” and that allies are “stepping up.”
In conciliatory comments apparently designed to smooth over repeated public criticism of other alliance members by the US leader, Mr Stoltenberg said member states had agreed to add $100 billion to defence budgets over the next two years.
Mr Trump has repeatedly complained that other members of Nato do not meet their spending commitments, including a blistering tirade at the NATO summit in Brussels in July in which called other member governments “delinquent.” The Russian Element
Of course, nothing Trump does is complete without putting a little Russian spin on it. So let’s just take a look at how Trump body slammed Putin last summer.
As part of the meeting in Brussels, Trump challenged Germany to make some major changes. Obviously, Trump refused the accept the NATO chairman’s justification for dealing in a precious commodity (energy) with the very enemy NATO was formed to fight (Russia).
Thus, by simply asking Germany to reconsider getting its energy resources from Russia, President Trump put a shot across Putin’s bow, economically speaking. Of course, don’t take my word for it. Numbers don’t lie. The Numbers
Russia encompasses an enormous geography, rich in natural resource. Some experts estimate that Russia contains over 30 percent of the world’s natural resources. To put this in perspective, the World Bank estimates the total value of Russia’s natural resources at $75 trillion U.S. dollars.
Russia has an abundance of oil, natural gas and precious metals that drive their economymaking up the lion’s share of Russia’s exports. As of 2012 the oil-and-gas sector alone accounted for 16 percent of Russia’s GDP. Further, they provide 52 percent of federal budget revenues and over 70 percent of total exports.
Clearly, Russia can’t afford to lose a customer like Germany. Thus, only one choice remained. Russia increased their NATO budget alongside other countries and now we see the payoff. That $100 Billion ante takes a huge burden off the shoulders of the United States.
After this major accomplishment, even leftists can’t deny Trump is #winning. But like always, they will try.
As Trump makes border wall pitch, other countries say theirs work
As President Trump seeks to fulfill his promise to build a wall on the southern border, he is getting support from leaders in countries that have erected their own border barriers – and who hail those projects as critical to battling illegal immigration.
But despite claims that such barriers are ineffective, in countries such as Israel and Hungary, top officials say they are a key mechanism in keeping a border secure and illegal migration flows down.
“Since we built a fence, and since the police and army have been there, we basically have no illegal migrants on the territory of the country,” Hungarian Foreign Minister Peter Szijjarto told Fox News in an interview last week. “There are constant attempts to break through, but the infrastructure itself, namely the fence, and police and the army, make it impossible to get in.”
“But I certainly didn't get the feeling that Trump shoots in the 70s only because he doesn't putt the short ones. His ball-striking, from medium-length tees, made him a legitimate 4-handicap at the time. Today he's officially a 2.8 in the United States Golf Association's GHIN system (see chart below), though he has posted only scores going back to 2009.”
-Jaime Diaz, editor-in-chief of Golf World and a senior writer for Golf Digest
The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.
Although EIA does not publish crude oil production forecasts for Russia and Saudi Arabia in STEO, EIA expects that U.S. crude oil production will continue to exceed Russian and Saudi Arabian crude oil production for the remaining months of 2018 and through 2019.
U.S. crude oil production, particularly from light sweet crude oil grades, has rapidly increased since 2011. Much of the recent growth has occurred in areas such as the Permian region in western Texas and eastern New Mexico, the Federal Offshore Gulf of Mexico, and the Bakken region in North Dakota and Montana.
The U.S. is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 2025, consultancy firm Rystad Energy said Jan. 24.
U.S. liquids output is expected to surpass 24 million barrels per day (bbl/d) over the next six years, Rystad said, assuming average U.S. crude prices of $58 a barrel during the period.
The growth in U.S. liquids production will be driven by major shale basins such as the Permian Basin in parts of Texas and New Mexico, the report said.
“U.S. growth potential could be slowed if oil prices slide below our base case for extended periods but, as long as average prices stay above $50, positive U.S. production tendencies will persist,” Rystad analyst Artem Abramov said.
U.S. edged past Russia and OPEC-leader Saudi Arabia to become the largest crude oil producer last year, helped by a shale boom centered around the Permian Basin.
The far left media will not report this success but it means more than just being number one. By drilling more oil in the US, the US economy benefits and billions of dollars remain in the US rather than going to terrorist regimes around the world. President Obama had a policy of preventing oil drilling in the US and this only prevented the US from being energy independent from oil producers elsewhere. It made no sense unless Obama wanted to keep the US poor and dependent.
President Trump is helping oil and coal producers in the US. President Trump opened up the US for drilling for oil by eliminating unnecessary regulations hindering drilling at home. As a result the US is becoming richer and more energy independent. It is miraculous that the US is in this situation in only a few years. Hat tip Hannah
This is what I get for being polite, twice. Oh well. So much for that. You came over here just to shit in this thread like an asshole.
Why don't you take your dumb ass back to your dumb threads that nobody reads and quit spewing bullshit negativity all over mine.
Trump ‘nominated for Nobel Peace Prize by Japanese PM’
15/02/2019 - 20:22:00Back to Donald Trump World Home
Donald Trump has said Japan’s Prime Minister nominated him for the Nobel Peace Prize for his work to open up a dialogue with North Korea.
At a White House event to discuss the proposed border wall, Mr Trump spoke about his upcoming summit with North Korean leader Kim Jong Un in Vietnam.
The president said early exchanges with Mr Kim were filled with “fire and fury” but since their first meeting last year, the two have established a good relationship.
Japanese Prime Minister Shinzo Abe is said to have nominated Donald Trump (Dan Kitwood/PA)
Mr Trump said Japanese Prime Minister Shinzo Abe “gave me the most beautiful copy of a letter that he sent to the people who give out a thing called the Nobel Prize.
“He said, ‘I have nominated you, respectfully, on behalf of Japan. I am asking them to give you the Nobel Peace Prize.'”
South Korean President Moon Jae-in, who has also credited Mr Trump with starting negotiations with North Korea, has endorsed him for the prize as well.
In 2009, President Barack Obama received the Nobel Peace Prize for laying out the US commitment to “seek the peace and security of a world without nuclear weapons”.
“I’ll probably never get it, but that’s OK,” Mr Trump said. “They gave it to Obama. He didn’t even know what he got it for.”