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originally posted by: EA006
The U.S will provide gas to Europe.
originally posted by: victor7
US and China in bed together? Wrong, it might have been true that China needed US much more in 1990s but not now.
China is more busy tending to its internal demands and to those of other growing economies like BRICS.
China is more than just North Korea's most important ally: Kim's regime relies economically and politically on Beijing, which provides everything from fuel to international support. But, as the Beijing-based journalist Helen Gao wrote last year, there is a strong feeling of disapproval in China toward its longtime ally, a sense that this "ungrateful" country is taking and taking from Beijing and, in return, only embarrassing a China that is very concerned with how it's perceived abroad.
Chinese President Xi Jinping made some thinly veiled but pointed criticism of North Korea in a speech over the weekend, saying that no single country should be allowed to threaten global stability. Analysts have taken this as a sign that China is showing greater willingness to publicly chastise North Korea and rein in its ally, although they also find no sign that China appears willing to change its overarching strategy of propping up the Kim regime.
It's the decision makers in Beijing who will ultimately decide policy toward North Korea and who, in some ways, are the people outside of Pyongyang with the most ability to influence how the country behaves. Still, even if they are not directly accountable to their billion-plus citizens, popular attitudes do enter into their calculus. And it certainly appears that a certain class of the Chinese public could be even more upset with Kim, and even more willing to move away from North Korea, than even Xi did in his speech. Given how deeply Kim relies on China, he should be worried.
Today China is a lot more Americanized than it historically was, and America is being governed in a much more Chinese fashion of totalitarianism. Just a more subtle form.
originally posted by: victor7
Chinese are very clever and know the real growth is with BRICS not the west. The debt laden western economies are spent up and exhausted.
originally posted by: Hefficide
Hello again ATS!
As I am settling back into my routines, I realized that I had not checked the Whitehouse website - one of the sites I tend to visit frequently - in quite awhile. While there I found this potential gem / bomb waiting to go off.
Presidential Proclamation -- To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974
TO MODIFY THE LIST OF BENEFICIARY DEVELOPING COUNTRIES
UNDER THE TRADE ACT OF 1974
- - - - - - -
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
1. Sections 501(1) and (4) of the Trade Act of 1974 (the "1974 Act") (19 U.S.C. 2461(1) and (4)), provide that, in determining whether duty-free treatment would be appropriate under the Generalized System of Preferences, the President shall have due regard for, among other factors, the effect such action would have on furthering the economic development of a beneficiary developing country through the expansion of its exports and the extent that the beneficiary developing country would be competitive with respect to eligible articles. Section 502(c) of the 1974 Act (19 U.S.C. 2462(c)), provides that, in determining whether to designate any country as a beneficiary developing country, the President shall take into account various factors, including the country's level of economic development, the country's per capita gross national product, the living standards of its inhabitants, and any other economic factors he deems appropriate. Section 502(d)(1) of the 1974 Act (19 U.S.C. 2462(d)(1)), authorizes the President to withdraw or suspend the designation of any country as a beneficiary developing country after considering the factors set forth in sections 501 and 502(c) of the 1974 Act. Section 502(f)(2) of the 1974 Act (19 U.S.C. 2462(f)(2)), requires the President to notify the Congress and the affected country, at least 60 days before termination, of the President's intention to terminate the affected country's designation as a beneficiary developing country.
2. Consistent with section 502(d) of the 1974 Act, and having considered the factors set forth in sections 501 and 502(c), I have determined that Russia is sufficiently advanced in economic development and improved in trade competitiveness that it is appropriate to terminate the designation of Russia as a beneficiary developing country effective October 3, 2014. I notified the Congress and Russia on May 7, 2014, of my intent to terminate Russia's designation. In order to reflect the termination of Russia's designation as a beneficiary developing country, I have determined that it is appropriate to modify general notes 4(a) and 4(d) and pertinent subheadings of the Harmonized Tariff Schedule of the United States (HTS).
3. Section 604 of the 1974 Act (19 U.S.C. 2483), authorizes the President to embody in the HTS the substance of the relevant provisions of that Act, and of other Acts affecting import treatment, and actions thereunder, including removal, modification, continuance, or imposition of any rate of duty or other import restriction.
NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, including but not limited to title V and section 604 of the 1974 Act, do proclaim that:
(1) The designation of Russia as a beneficiary developing country is terminated, effective on October 3, 2014.
(2) In order to reflect the termination of Russia's designation as a beneficiary developing country, general notes 4(a) and 4(d) and pertinent subheadings of the HTS are modified as set forth in the Annex to this proclamation.
(3) Any provisions of previous proclamations and Executive Orders that are inconsistent with the actions taken in this proclamation are superseded to the extent of such inconsistency.
IN WITNESS WHEREOF, I have hereunto set my hand this third day of October, in the year of our Lord two thousand fourteen, and of the Independence of the United States of America the two hundred and thirty-ninth.
The actual laws involved are a few steps above my head but I have come to an understanding that the above means barriers to trade with Russia have been made more complex with this act. Though why we considered Russia to be a "developing country until now is somewhat mysterious to me... I would guess it was a political carrot that came with their Glasnost period - when we had hopes that Russia might become a Democracy on some level.
With Putin in power and the hardliners regaining control of the country, apparently that carrot has been taken away.
Is Churchills Iron Curtain dropping once again?
With China and America in bed together with no end in sight, is Russia to be the next "enemy" - a return to the pre 1980's fear mongering?
It all smells very planned and fishy to me.
We are at war with Eastasia. We have always been at war with Eastasia...
For those interested in getting into the depths of it all, a direct link to the PDF of the Trade Act of 1974
originally posted by: TownCryer
a reply to: Hefficide
With a Congress that only wants to say 'No', and go on vacation, the Pres has no chice but to act unilaterally. Worst. Congress. EVER.
originally posted by: princeofpeace
Russia a developing country? LMAO!!!!! The US should have made this move long ago.