Beijing experts’ latest message as trade talks stall: The US needs China

Now, there have been no announcements about the next round of talks, and markets await some signal about the future of the trade war that’s roiled stocks over the last year. This big economic system will give America more material benefits, including employment, including products, including product exports, including revenues,” Wei said, according to Mandarin-language remarks translated by CNBC. “Originally, we believed that in the U.S.-China economic trade relationship … we could mutually co


Now, there have been no announcements about the next round of talks, and markets await some signal about the future of the trade war that’s roiled stocks over the last year. This big economic system will give America more material benefits, including employment, including products, including product exports, including revenues,” Wei said, according to Mandarin-language remarks translated by CNBC. “Originally, we believed that in the U.S.-China economic trade relationship … we could mutually co
Beijing experts’ latest message as trade talks stall: The US needs China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-23  Authors: evelyn cheng
Keywords: news, cnbc, companies, economic, war, experts, including, long, needs, trade, talks, latest, message, china, products, wei, beijing, chinese, stall


Beijing experts' latest message as trade talks stall: The US needs China

A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. Johannes Eisele | AFP | Getty Images

China’s domestic media is rallying the country’s population with messages of standing firm against American “bullying,” while Chinese government-aligned experts are stressing to an overseas audience that the U.S. will need to negotiate. The world’s two largest economies have been locked in a trade fight for more than a year. Both sides appeared to be making progress until early this month, when President Donald Trump accused China of reneging on a deal and raised tariffs on an additional $200 billion in Chinese products to 25%. Beijing retaliated with raising levies on $60 billion worth of U.S. products. Now, there have been no announcements about the next round of talks, and markets await some signal about the future of the trade war that’s roiled stocks over the last year. Throughout this current lull, China’s state-run newspapers and television channels have taken an increasingly anti-American tone. Still, the country’s expert class is emphasizing what the U.S. has to gain from cooperating with Beijing. “In the next 20 to 30 years, the U.S. shouldn’t miss out on this opportunity and lose the China market,” Wei Jianguo, a former vice minister at China’s Ministry of Commerce, told CNBC in an interview Wednesday. He is now vice chairman and deputy executive officer at Beijing-based think tank China Center for International Economic Exchanges.

Personally, I think, as long as there is negotiation, then there will be results. Wei Jianguo a former vice minister at China’s Ministry of Commerce

“I believe Americans should grasp this opportunity. This big economic system will give America more material benefits, including employment, including products, including product exports, including revenues,” Wei said, according to Mandarin-language remarks translated by CNBC. “Personally, I think, as long as there is negotiation, then there will be results,” he said. On the same day, two speakers addressing foreign reporters at a small press event organized by the government’s main information office echoed some of Wei’s sentiments. “My personal view is that, from the perspective of U.S. businesses, if the trade war continues, it will … have a negative impact on what was a good relationship between U.S. and Chinese businesses,” said Li Yong, deputy director of the expert committee at the China Association of International Trade, which falls under the Commerce Ministry’s direct leadership. “At the end of the day, the image and influence U.S. businesses have developed over the long term will (be affected). It’s a pity.” The other speaker, Zhang Yansheng, head researcher at the China Center for International Economic Exchanges, also emphasized that Beijing would like to keep negotiating with the U.S. It could even be a years-long process that cycles through negotiation and fights, he said. The tone stands in contrast to state-run media, whose Chinese-language reports in the last two weeks have promoted the country’s ability to defy pressure from the U.S. For the last several days, the national broadcaster CCTV has also been airing anti-U.S. movies set during the Korean War. On Wednesday, the prime-time evening report featured Chinese President Xi Jinping’s visit earlier in the week to the province of Jiangxi. The Chinese leader’s remarks during the visit about rare earth elements as an “important strategic resource” and a “new Long March ” signaled to many that Beijing is resolved not to bend to American demands.

Who needs a deal?

At Wednesday’s news conference, Li said China is in a position where it can’t appease American demands. “Originally, we believed that in the U.S.-China economic trade relationship … we could mutually cooperate and rely on each other,” he said in Mandarin. “But now we need to revisit this.” Analysts generally agree that, right now, Beijing still depends heavily on the U.S. as an export market. Last year, China was the largest supplier of goods to the U.S. at $539.5 billion, according to the Office of the U.S. Trade Representative. China is trying to transform its economy into one driven by consumption rather than manufacturing. The country hosted its first import expo last fall in an effort to bill itself and its hundreds of millions of consumers as a buyer of the world’s products. “China needs the U.S. more than the U.S. needs China,” said Jacob Shapiro, director of analysis at online publication Geopolitical Futures.


Company: cnbc, Activity: cnbc, Date: 2019-05-23  Authors: evelyn cheng
Keywords: news, cnbc, companies, economic, war, experts, including, long, needs, trade, talks, latest, message, china, products, wei, beijing, chinese, stall


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As Trump pressures Powell, Wall Street gives the Fed a passing grade

A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. The New York Fed did


A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. The New York Fed did
As Trump pressures Powell, Wall Street gives the Fed a passing grade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, grade, powell, pressures, wall, message, meeting, policymakers, rates, street, fed, passing, gives, markets, feds, york, trump, rate


As Trump pressures Powell, Wall Street gives the Fed a passing grade

A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. Both surveys were conducted March 6 to 11.

The grades are important because they help the Fed gauge how well its message is getting through to financial markets. The Fed relies on its credibility with investors to influence the economy.

After raising rates four times in 2018, a majority of Fed policymakers at their latest meeting in March expected that they would leave rates in their current 2.25-2.50% range for the rest of the year due to uncertainty about how much the global economy is slowing.

A well-honed message that rates are likely to stay on hold for a while can help ease financial conditions when central banks think those conditions overly tight. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. That was the case late last year, when markets swung sharply in response to statements by Powell widely regarded by investors as communication missteps.

President Trump, meanwhile, has publicly slammed the central bank’s prior rate hikes for thwarting economic growth and he also pressed policymakers to change course.

Lewis Alexander, the chief economist at Nomura Securities, said the Fed moved policy “quite a lot” from December to March and that calibrating their language so everyone could understand it was not going to be easy.

“Powell’s stated intention to use plain language I very much endorse; there’s nothing in this world that can’t be explained thoroughly but simply,” he said.

The Fed is increasingly keen on its ability to communicate. Powell has instructed a small group of policymakers to come up with ways to improve it, minutes of the Fed’s March meeting published on Wednesday showed. This reflects concern that markets may take Fed forecasts on rates and the economy as promises rather than best-guess projections.

The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. Even the New York Fed’s inclusion of the question on communications effectiveness in the March survey may reflect increased interest, given that historically it has posed that question only once a quarter.

Grades generally go up when the Fed does as expected and fall when it surprises, the Reuters analysis of grades over the last nine years show. The New York Fed did not make its pre-2011 surveys available.

Powell and other Fed policymakers have tried to dispel any perception that it could derail the economy by being too aggressive. Stocks leapt higher after Powell signaled he would be open to taking a go-slow approach on rate hikes.

In October 2015, when the Yellen Fed was navigating the difficult transition from years of super-low interest rates to a cycle of rate hikes, she got the worst grade of her tenure — an average 2.27 out of 5.

The Bernanke Fed did worse, getting a grade of 2.1 in late 2013, when they did not begin to taper the Fed’s bond purchases in September as markets had expected. His grades later recovered as the Fed limited its controversial quantitative easing program.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, grade, powell, pressures, wall, message, meeting, policymakers, rates, street, fed, passing, gives, markets, feds, york, trump, rate


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Facebook to allow users to message across different apps

Facebook to allow users to message across different apps2 Hours AgoCNBC’s Julia Boorstin reports on Facebook CEO Mark Zuckerberg’s announcement the company will integrate messengers on social media.


Facebook to allow users to message across different apps2 Hours AgoCNBC’s Julia Boorstin reports on Facebook CEO Mark Zuckerberg’s announcement the company will integrate messengers on social media.
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Facebook to allow users to message across different apps

Facebook to allow users to message across different apps

2 Hours Ago

CNBC’s Julia Boorstin reports on Facebook CEO Mark Zuckerberg’s announcement the company will integrate messengers on social media.


Company: cnbc, Activity: cnbc, Date: 2019-03-06
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Trump’s message is having an impact on NATO, secretary general says

NATO Secretary General Jens Stoltenberg told CNBC that President Donald Trump’s rhetoric on defense spending is having an “important” impact on the military alliance. “I’m saying that his message has been very clear and that his message is having an impact on defense spending. Trump has often criticized other NATO members for not respecting the spending rule. Speaking at a NATO summit in 2017, Trump said: “Over the last eight years, the United States spent more on defense than all NATO countries


NATO Secretary General Jens Stoltenberg told CNBC that President Donald Trump’s rhetoric on defense spending is having an “important” impact on the military alliance. “I’m saying that his message has been very clear and that his message is having an impact on defense spending. Trump has often criticized other NATO members for not respecting the spending rule. Speaking at a NATO summit in 2017, Trump said: “Over the last eight years, the United States spent more on defense than all NATO countries
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Company: cnbc, Activity: cnbc, Date: 2019-02-16  Authors: matt clinch, david reid, yves herman
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Trump's message is having an impact on NATO, secretary general says

NATO Secretary General Jens Stoltenberg told CNBC that President Donald Trump’s rhetoric on defense spending is having an “important” impact on the military alliance.

“I’m saying that his message has been very clear and that his message is having an impact on defense spending. And this is important because we need fairer burden sharing in the NATO alliance,” he told CNBC’s Hadley Gamble at the Munich Security Conference on Saturday.

“We see more nations spending 2 percent of GDP (gross domestic product) on defense which is the NATO guideline and we see that all nations have stopped the cuts we saw for many years to their defense budgets. And all nations have started to increase,” he added.

Contributions to NATO are a highly sensitive topic. Trump has often criticized other NATO members for not respecting the spending rule. Speaking at a NATO summit in 2017, Trump said: “Over the last eight years, the United States spent more on defense than all NATO countries combined. If all NATO members had spent just 2 percent of GDP on defense last year, we would have had another $119 billion for our collective defense.”


Company: cnbc, Activity: cnbc, Date: 2019-02-16  Authors: matt clinch, david reid, yves herman
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Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you

Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav


Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav
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Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, amazons, microsoft, white, hammering, compete, retail, amazon, wont, cloud, competitors, health, customers, message, google, partners, companies


Amazon's cloud competitors keep hammering home the same message: We won't compete with you

Executives from Microsoft and Google, Amazon’s two top rivals in the cloud business, both hit on a key theme in their presentations at a financial event on Tuesday: They’re not going to compete with their own customers.

The notion isn’t theoretical. As Amazon has grown and expanded, it has introduced products that can be used as an alternative to what some of its own business partners offer.

And after Amazon went beyond its traditional role of e-commerce heavyweight and became more active in brick-and-mortar retail through its Whole Foods acquisition, some other retailers, like Albertsons and Walgreens, have announced cloud deals with Microsoft.

Executives at Google and Microsoft have previously said that they don’t aim to become competitive with the companies that give them revenue. But at the Goldman Sachs Technology and Internet Conference in San Francisco, representatives from both companies emphasized that point.

“I’ll tell you what I’m seeing and see if that answers your question, perhaps is, I would say things like retailers and financial services companies now and, now into health care — seeing Amazon go into those businesses and saying, ‘Gosh, am I going to give money to people who are now competing with me?'” Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question.

Data is a bigger issue — businesses probably don’t want to share it with a competitor, which is why companies like Kroger, Walgreens and Gap are moving to Microsoft Azure, White said.

“We’re not going to turn around and compete with our customers. And that’s obviously a big, big theme that we hear about of the market as well in terms of overall trusting Microsoft as a partner,” she said.

Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday.

“Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target.

AWS does have retail customers, as well as financial services and health care customers. The company has previously said that “there are times when there is some degree of overlap with what our customers offer, but most of these market segments are quite large and support several successful entries.”

But now Google and Microsoft are both actively focusing on key sectors where Amazon is active — not just retail, but also health care, following Amazon’s acquisition of online pharmacy PillPack and its health venture with Berkshire Hathaway and J.P. Morgan Chase.

“The partner meetings I had this morning were like, ‘Hey, I used to work with AWS, but now I don’t. I worry they’re competing with me,'” White said.

Watch: AWS CEO Andy Jassy talks competition and innovation


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, amazons, microsoft, white, hammering, compete, retail, amazon, wont, cloud, competitors, health, customers, message, google, partners, companies


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Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you

Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav


Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question. Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday. “Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target. AWS does hav
Amazon’s cloud competitors keep hammering home the same message: We won’t compete with you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, compete, white, message, microsoft, wont, cloud, retail, companies, google, amazon, customers, hammering, amazons, health, partners, competitors


Amazon's cloud competitors keep hammering home the same message: We won't compete with you

Executives from Microsoft and Google, Amazon’s two top rivals in the cloud business, both hit on a key theme in their presentations at a financial event on Tuesday: They’re not going to compete with their own customers.

The notion isn’t theoretical. As Amazon has grown and expanded, it has introduced products that can be used as an alternative to what some of its own business partners offer.

And after Amazon went beyond its traditional role of e-commerce heavyweight and became more active in brick-and-mortar retail through its Whole Foods acquisition, some other retailers, like Albertsons and Walgreens, have announced cloud deals with Microsoft.

Executives at Google and Microsoft have previously said that they don’t aim to become competitive with the companies that give them revenue. But at the Goldman Sachs Technology and Internet Conference in San Francisco, representatives from both companies emphasized that point.

“I’ll tell you what I’m seeing and see if that answers your question, perhaps is, I would say things like retailers and financial services companies now and, now into health care — seeing Amazon go into those businesses and saying, ‘Gosh, am I going to give money to people who are now competing with me?'” Julia White, corporate vice president of marketing for Microsoft’s Azure cloud, said in response to one audience member’s question.

Data is a bigger issue — businesses probably don’t want to share it with a competitor, which is why companies like Kroger, Walgreens and Gap are moving to Microsoft Azure, White said.

“We’re not going to turn around and compete with our customers. And that’s obviously a big, big theme that we hear about of the market as well in terms of overall trusting Microsoft as a partner,” she said.

Thomas Kurian, the new CEO of Alphabet’s Google Cloud business, also touched on the subject in his inaugural pitch on Tuesday.

“Google is very clear that we’re here to enable partners, we’re not here to compete with partners,” Kurian said. In his presentation he pointed to several retail customers, including Best Buy, Home Depot, Metro Group and Target.

AWS does have retail customers, as well as financial services and health care customers. The company has previously said that “there are times when there is some degree of overlap with what our customers offer, but most of these market segments are quite large and support several successful entries.”

But now Google and Microsoft are both actively focusing on key sectors where Amazon is active — not just retail, but also health care, following Amazon’s acquisition of online pharmacy PillPack and its health venture with Berkshire Hathaway and J.P. Morgan Chase.

“The partner meetings I had this morning were like, ‘Hey, I used to work with AWS, but now I don’t. I worry they’re competing with me,'” White said.

Watch: AWS CEO Andy Jassy talks competition and innovation


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: jordan novet, reuters robert galbraith
Keywords: news, cnbc, companies, compete, white, message, microsoft, wont, cloud, retail, companies, google, amazon, customers, hammering, amazons, health, partners, competitors


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Taiwan takes a dig at Chinese democracy in new year message

Taiwan President Tsai Ing-wen took a dig at China’s lack of freedom in a message to mark Tuesday’s start of the Lunar New Year, saying she hoped ethnic Chinese all over the world could experience the “blessing” of democracy. Taiwan is able to maintain cultural traditions and is committed to uphold the values of freedom and democracy, Tsai said in the message, posted late on Sunday on her official social media accounts. We hope that ethnic Chinese all over the world can experience this blessing,”


Taiwan President Tsai Ing-wen took a dig at China’s lack of freedom in a message to mark Tuesday’s start of the Lunar New Year, saying she hoped ethnic Chinese all over the world could experience the “blessing” of democracy. Taiwan is able to maintain cultural traditions and is committed to uphold the values of freedom and democracy, Tsai said in the message, posted late on Sunday on her official social media accounts. We hope that ethnic Chinese all over the world can experience this blessing,”
Taiwan takes a dig at Chinese democracy in new year message Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, chinese, tsai, message, freedom, party, takes, xi, democracy, china, democratic, ethnic, dig, taiwan


Taiwan takes a dig at Chinese democracy in new year message

Taiwan President Tsai Ing-wen took a dig at China’s lack of freedom in a message to mark Tuesday’s start of the Lunar New Year, saying she hoped ethnic Chinese all over the world could experience the “blessing” of democracy.

Self-governed Taiwan is China’s most sensitive issue and is claimed by Beijing as its sacred territory.

President Xi Jinping has stepped up pressure on the democratic island since Tsai, from the pro-independence Democratic Progressive Party, became president in 2016.

He kicked off 2019 with a speech warning that China reserves the right to use force to bring Taiwan under its control, though it will strive for peaceful “reunification”.

Taiwan is able to maintain cultural traditions and is committed to uphold the values of freedom and democracy, Tsai said in the message, posted late on Sunday on her official social media accounts.

“Those in places lacking democracy may not understand this commitment. We hope that ethnic Chinese all over the world can experience this blessing,” she added, without directly mentioning China.

“So I want to make three new year’s wishes for our ethnic Chinese friends both at home and abroad. I hope that you may all enjoy democracy, freedom and continued prosperity.”

There was no immediate reaction from Beijing. Xi’s new year’s speech, also on Sunday, did not mention Taiwan, apart from new year wishes to people on the island.

Taiwan is gearing up for presidential elections early next year. Tsai’s party suffered stinging losses to the China-friendly Kuomintang in mayoral and local elections in November.

Tsai has repeatedly called on China to respect Taiwan’s democracy, and to embrace democratic reforms itself.

Taiwan has shown no interest in being ruled by autocratic China, where Xi has overseen a sweeping crackdown on dissent since assuming office six years ago and the ruling Communist Party has tightened controls on all facets of society.


Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: bloomberg, getty images
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Germany, France, Spain poised to recognize Venezuela’s Guaido

Three major European countries – Germany, France and Spain – have come out on Saturday saying they are ready to recognize Juan Guaido as Venezuela’s interim president if elections are not called within eight days. “The government of Spain gives [President] Nicolas Maduro eight days to call free, transparent and democratic elections,” said Spain’s Prime Minister Pedro Sanchez said in statement. “If that doesn’t happen, Spain will recognize Juan Guaido as interim president in charge of calling the


Three major European countries – Germany, France and Spain – have come out on Saturday saying they are ready to recognize Juan Guaido as Venezuela’s interim president if elections are not called within eight days. “The government of Spain gives [President] Nicolas Maduro eight days to call free, transparent and democratic elections,” said Spain’s Prime Minister Pedro Sanchez said in statement. “If that doesn’t happen, Spain will recognize Juan Guaido as interim president in charge of calling the
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Germany, France, Spain poised to recognize Venezuela's Guaido

Three major European countries – Germany, France and Spain – have come out on Saturday saying they are ready to recognize Juan Guaido as Venezuela’s interim president if elections are not called within eight days.

“The government of Spain gives [President] Nicolas Maduro eight days to call free, transparent and democratic elections,” said Spain’s Prime Minister Pedro Sanchez said in statement.

“If that doesn’t happen, Spain will recognize Juan Guaido as interim president in charge of calling these elections.”

In what appears to be a coordinated message from European Union countries, at almost the same time French President Manuel Macron sent a tweet echoing Sanchez’s comments.

“Unless elections are announced within eight days, we will be ready to recognize @jguaido as ‘President in charge’ of Venezuela in order to trigger a political process,” Macron said.

A spokeswoman from the German government tweeted the same message shortly after the comments from Madrid and Paris.

Guaido proclaimed himself interim president on Wednesday during a march of hundreds of thousands in Caracas.

The United States said on Friday it was ready to step up economic measures to drive Maduro from power, and most Latin American nations have joined Washington in supporting Guaido’s claim on the presidency.

Europe, however, had until now simply called for new elections in the troubled South American country.

However, the Venezuelan state and the military have so far remained loyal to Maduro despite a deep economic and political crisis that has sparked mass emigration, with inflation forecast to rise to 10 million percent this year.


Company: cnbc, Activity: cnbc, Date: 2019-01-26
Keywords: news, cnbc, companies, guaido, message, interim, france, elections, political, president, recognize, poised, ready, spain, maduro, germany, venezuelas, macron


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Queen sends Brexit message to UK politicians — end your bickering

While Elizabeth, 92, did not mention Brexit explicitly in an annual speech to her local Women’s Institute in Norfolk, the monarch said every generation faced “fresh challenges and opportunities.” Though steeped in the conventional language the queen has made her hallmark, the remarks in the context of Britain’s crisis are a signal to politicians to sort out the turmoil that has pushed the world’s fifth largest economy to the brink. Buckingham Palace declined to comment though the British media w


While Elizabeth, 92, did not mention Brexit explicitly in an annual speech to her local Women’s Institute in Norfolk, the monarch said every generation faced “fresh challenges and opportunities.” Though steeped in the conventional language the queen has made her hallmark, the remarks in the context of Britain’s crisis are a signal to politicians to sort out the turmoil that has pushed the world’s fifth largest economy to the brink. Buckingham Palace declined to comment though the British media w
Queen sends Brexit message to UK politicians — end your bickering Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: sean gallup, getty images
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Queen sends Brexit message to UK politicians — end your bickering

With the clock ticking down to March 29, the date set in law for Britain to leave the European Union, the United Kingdom is in the deepest political crisis in half a century as it grapples with how, or even whether, to exit the European project it joined in 1973.

While Elizabeth, 92, did not mention Brexit explicitly in an annual speech to her local Women’s Institute in Norfolk, the monarch said every generation faced “fresh challenges and opportunities.”

“As we look for new answers in the modern age, I for one prefer the tried and tested recipes, like speaking well of each other and respecting different points of view; coming together to seek out the common ground; and never losing sight of the bigger picture,” the queen said.

Though steeped in the conventional language the queen has made her hallmark, the remarks in the context of Britain’s crisis are a signal to politicians to sort out the turmoil that has pushed the world’s fifth largest economy to the brink.

Buckingham Palace declined to comment though the British media was clear about the significance of her remarks. The Times’ headline read: “End Brexit feud, Queen tells warring politicians”.

As head of state, the queen remains neutral on politics in public and is unable to vote, though ahead of the 2014 referendum on Scottish independence she made a delicately crafted plea for Scots to think carefully about their future.


Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: sean gallup, getty images
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Chinese business leaders came to Davos with a message of economic optimism

At the break of dawn on Jan. 23, Chinese businessman Zhang Jin stepped out from his limousine, walked a few steps in the cold air of minus 16 Celsius degrees, then entered the Sunstar Hotel in Davos. Zhang chairs China’s 16th largest company, Guangzhou-based private conglomerate Cedar Holdings, and he came to Switzerland with a message of optimism. The 47-year-old, who ranks as the 46th richest individual in China according to Forbes, had a busy schedule during this year’s World Economic Forum.


At the break of dawn on Jan. 23, Chinese businessman Zhang Jin stepped out from his limousine, walked a few steps in the cold air of minus 16 Celsius degrees, then entered the Sunstar Hotel in Davos. Zhang chairs China’s 16th largest company, Guangzhou-based private conglomerate Cedar Holdings, and he came to Switzerland with a message of optimism. The 47-year-old, who ranks as the 46th richest individual in China according to Forbes, had a busy schedule during this year’s World Economic Forum.
Chinese business leaders came to Davos with a message of economic optimism Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: qian chen, -zhang jin, cedar holdings
Keywords: news, cnbc, companies, world, davos, message, steps, saudi, leaders, came, zhang, walked, economic, optimism, schedule, chinese, stepped, switzerland, sunstar, business


Chinese business leaders came to Davos with a message of economic optimism

At the break of dawn on Jan. 23, Chinese businessman Zhang Jin stepped out from his limousine, walked a few steps in the cold air of minus 16 Celsius degrees, then entered the Sunstar Hotel in Davos.

Zhang chairs China’s 16th largest company, Guangzhou-based private conglomerate Cedar Holdings, and he came to Switzerland with a message of optimism.

The 47-year-old, who ranks as the 46th richest individual in China according to Forbes, had a busy schedule during this year’s World Economic Forum. The day before, Zhang joined the mayor of Guangzhou and other Chinese delegates for meetings that included Natixis CEO Francois Riahi and Ibrahim Al-Omar, governor of the Saudi Arabian General Investment Authority.


Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: qian chen, -zhang jin, cedar holdings
Keywords: news, cnbc, companies, world, davos, message, steps, saudi, leaders, came, zhang, walked, economic, optimism, schedule, chinese, stepped, switzerland, sunstar, business


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