Archive for ‘steal’

15/05/2020

Trump says doesn’t want to talk to Xi, could even cut China ties

WASHINGTON (Reuters) – U.S. President Donald Trump signaled a further deterioration of his relationship with China over the coronavirus outbreak, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world’s second largest economy.

In an interview with Fox Business Network broadcast on Thursday, Trump said he was very disappointed with China’s failure to contain the disease and that the pandemic had cast a pall over his January trade deal with Beijing, which he has previously hailed as a major achievement.

“They should have never let this happen,” Trump said. “So I make a great trade deal and now I say this doesn’t feel the same to me. The ink was barely dry and the plague came over. And it doesn’t feel the same to me.”

Trump’s pique extended to Xi, with whom the U.S. president has said repeatedly he has a good relationship.

“But I just – right now I don’t want to speak to him,” Trump said in the interview, which was taped on Wednesday.

Trump was asked about a Republican senator’s suggestion that U.S. visas be denied to Chinese students applying to study in fields related to national security, such as quantum computing and artificial intelligence.

“There are many things we could do. We could do things. We could cut off the whole relationship,” he replied.

“Now, if you did, what would happen? You’d save $500 billion,” Trump said, referring to estimated U.S. annual imports from China, which he often refers to as lost money.

Chinese foreign ministry spokesman Zhao Lijian told reporters in Beijing on Friday that maintaining a steady bilateral relationship served the interests of both peoples and would be beneficial for world peace and stability.

“Both China and the U.S. should now be cooperating more on fighting the virus together, to cure patients and resume economic production, but this requires the U.S. to want to work with us on this,” Zhao said.

Trump’s remarks drew ridicule from Hu Xijin, editor in chief of China’s influential Global Times tabloid, who referred to the president’s much-criticized comments last month about how COVID-19, the disease caused by the coronavirus, might be treated.

“This president once suggested COVID-19 patients inject disinfectants,” Hu said on Twitter. “Remember this and you won’t be surprised when he said he could cut off the whole relationship with China.”

CONCERNED, REVIEWING OPTIONS

U.S. Treasury Secretary Steven Mnuchin told Fox Business Network China needed to provide a lot more information about the coronavirus and Trump was reviewing his options.

“The president is concerned. He’s reviewing all his options. Obviously, we’re very concerned about the impact of this virus on the economy, on American jobs, the health of the American public and the president is going to do everything to protect the economy and protect American workers,” Mnuchin said.

“It’s a difficult and complex matter and the president has made very clear, he wants more information. They didn’t let us in, they didn’t let us understand what was going on.”

Trump and his Republican backers have accused Beijing of failing to alert the world to the severity and scope of the coronavirus outbreak and of withholding data about the earliest cases. The pandemic has sparked a sharp global recession and threatened Trump’s November re-election chances.

The United States has been hardest hit by the pandemic, according to official data.

China insists it has been transparent, and, amid increasingly bitter exchanges, both sides have questioned the future of the trade deal.

Opponents of Trump have said that while China has much to answer for over the outbreak, he appears to be seeking to deflect attention from criticism over his response to the crisis.

Scott Kennedy of Washington’s Center for Strategic and International Studies think tank called Trump’s remarks “dangerous bravado.”

“Avoiding communication is not an effective strategy for solving a crisis that requires global cooperation. And cutting off the economic relationship would badly damage the American economy,” he said.

Michael Pillsbury, a China analyst who has worked as an outside adviser to Trump, told Reuters he believed the president was concerned that China not only wanted to re-negotiate the Phase 1 deal, but also had not been meeting goals in purchasing from United States.

He said that according to figures cited by the China Daily, China’s purchases of U.S. products in the first four months of this year were 3% less than during the same period last year.

“It’s not good news for reducing the trade deficit or helping our economy recover from the coronavirus crisis,” he said.

China took some additional steps towards the Phase 1 goals on Thursday, buying U.S. soybean oil for the first time in nearly two years and issued customs notices allowing imports of U.S. barley and blueberries.

An executive from Chinese state agriculture trading house COFCO said China was set to speed up purchases of U.S. farm goods to implement the Phase 1 deal.

While U.S. intelligence agencies have said the coronavirus does not appear manmade or genetically modified, Trump said in his interview that China should have stopped it at its source.

“Whether it came from the lab or came from the bats, it all came from China, and they should have stopped it,” he said.

“It got out of control.”

Source: Reuters

05/10/2019

India’s onion crisis: Why rising prices make politicians cry

A labourer carries a sack of onions at a wholesale vegetable market on the outskirts of Amritsar on September 19, 2019.Image copyright GETTY IMAGES
Image caption The onion is India’s most “political” vegetable

Onion prices have yet again dominated the headlines in India over the past week. BBC Marathi’s Janhavee Moole explains what makes this sweet and pungent vegetable so political.

The onion – ubiquitous in Indian cooking – is widely seen as the poor man’s vegetable.

But it also has the power to tempt thieves, destroy livelihoods and – with its fluctuating price a measure of inflation – end the careers of some of India’s most powerful politicians.

With that in mind, it’s perhaps unsurprising those politicians might be feeling a little concerned this week.

So, what exactly is happening with India’s onions?

In short: its price has skyrocketed.

Onion prices had been on the rise in India since August, when 25 rupees ($0.35; £0.29) would have got you a kilo. At the start of October, that price was 80 rupees ($1.13; £0.91).

Fearing a backlash, the Bharatiya Janata Party (BJP)-led government banned onion exports, hoping it would bring down the domestic price. And it did.

Vegetable vendors sell onions by the road, at Sector 25 on September 24, 2019 in Noida, India.Image copyright GETTY IMAGES
Image caption Onion prices peaked by the end of September

A kilo was selling for less than 30 rupees on Thursday at Lasalgaon, Asia’s largest onion wholesale market, located in the western state of Maharashtra.

However, not everyone is happy.

While high prices had angered consumers in a sluggish Indian economy, the fall in prices sparked protests by exporters and farmers in Maharashtra, where state elections are due in weeks.

And it is not just at home where hackles have been raised: the export ban has also strained trade relations between India and its neighbour, Bangladesh, which is among the top importers of the vegetable.

But why does the onion matter so much?

The onion is a staple vegetable for the poor, indispensable to many Indian cuisines and recipes, from spicy curries to tangy relishes.

“In Maharashtra, if there are no vegetables or you can’t afford to buy vegetables, people eat ‘kanda bhakari’ [onion with bread],” explains food historian Dr Mohseena Mukadam.

True, onions are not widely used in certain parts of the country, such as the south and the east – and some religious communities don’t eat them at all.

But they are especially popular in the more populous northern states which – notably – send a higher number of MPs to India’s parliament.

“Consumers in northern India wield more power over the federal government. So although consumers in other parts of India don’t complain as much about higher prices, if those in northern India do, the government feels the pressure,” says Milind Murugkar, a policy researcher.

People stand in a queue to buy onions sold at Rs. 22 per kg by the Government of India, outside Krishi Bhawan on September 24, 2019 in New Delhi, India.Image copyright GETTY IMAGES
Image caption Onions are so ubiquitous that the government has been selling them at subsided rates

A drop in prices also affects the income of onion farmers, mainly in Maharashtra, Karnataka in the south and Gujarat in the west.

“Farmers see the onion as a cash crop that grows in the short term, and grows well in dry areas with less water,” says Dipti Raut, a journalist, who has been on the “onion beat” for years.

“It’s like an ATM machine that guarantees income to farmers and sometimes, their household budget depends on the onion produce,” she said.

Onions have even attracted robbers: when prices skyrocketed in 2013, thieves tried to steal a truck loaded with onions, but were caught by the police.

Why do politicians care about the onion?

Put simply, because the price moving too far one way or another is likely to anger a large block of voters, be they everyday households, or the country’s farmers.

Control rate onion vans seen after flagged off by Chief Minister of Delhi Arvind Kejriwal, at Delhi secretariat, on September 28, 2019 in New Delhi, India.Image copyright GETTY IMAGES
Image caption The Delhi government transported 70 vans full of subsidised onions

Onions are so crucial they have even featured in election campaigns. The Delhi state government bought and sold them at subsidised rates in September when prices were at their peak: chief minister Arvind Kejriwal, it should be noted, is up for re-election next year.

Meanwhile, Indira Gandhi swept to power in 1980 on slogans that used soaring onion prices as a metaphor for the economic failures of the previous government.

But why did onion prices rise this year?

A drop in supply, due to heavy rains and flooding destroying the crop in large parts of India, and damaging some 35% of the onions stocks in storage, according to Nanasaheb Patil, director of the National Agricultural Co-operative Marketing Federation.

He said the flooding had also delayed the next round of produce, which was due in September.

An Indian restaurant worker cuts onions for curries in New Delhi on September 11, 2015.Image copyright GETTY IMAGES

“This has become a fairly regular phenomenon in recent decades,” Mr Murugkar said. “Onion prices swing heavily with a small drop or increase in production.”

In fact, the shortage – and subsequent rise in prices – happens almost every year around this time, according to Ms Raut.

“It’s a vicious cycle and the trader lobby and middlemen benefit from even the slightest price fluctuations,” she added.

What’s the solution?

Ms Raut says more grass-root planning and better storage facilities and food processing services will ease the problem – and making a variety of cash crops and vegetables available across the country would also ease the pressure on onions.

“The government is quick to act when onion prices rise. Why don’t they act as swiftly when prices fall?” asked Vikas Darekar, an onion farmer in Maharashtra. He said the government should buy onions from farmers at a “fair price”.

Mr Murugkar, however, feels that the government should never interfere in “onion matters”.

“If you are interested in raising purchasing power of the people, they should not curtail exports. Do we have such a ban on software exports? It’s really absurd. A government which has won such a huge majority should be able to withstand the pressures from a few consumers.”

Source: The BBC

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