Трамп підписав закон про оборонний бюджет. Україна отримає $250 млн

13 серпня президент Сполучених Штатів Америки Дональд Трамп підписав закон про «Бюджет США на 2019 рік на потреби національної оборони».

Загалом, документ передбачає спрямування 716 мільярдів доларів на оборону.

В заяві Білого дому вказується, що «безпрецедентна підтримка дозволить Вашингтону стримувати супротивників і потужно провадити мирну політику адміністрації Трампа».

Бюджет посилює підтримку США союзникам в Європі проти російської агресії через надання фінансування для ініціативи стримування.

«У протистоянні цим небезпекам, ми знаємо, що слабкість – найбільш певний шлях до конфлікту і надзвичайна потужність є найбільш певним засобом нашої оборони», – цитує президента Трампа Білий дім.

Як повідомлялось раніше, одна зі статей документу дозволяє виділити Міністерству оборони США 250 мільйонів доларів для надання безпекової допомоги Україні. У цю суму закладено 50 мільйонів доларів на оборонні летальні види озброєнь, повідомляє посольство України у США.​

Документ включає положення про продовження співпраці з Україною у питанні кібербезпеки, який передбачає допомогу Києву у посиленні власних спроможностей щодо захисту від кібератак.

Також у розділі про «посилення стримування російської агресії у Європі» йдеться про посилену безпекову допомогу Україні та підтримку реформ оборонного сектору.

Бюджет назвали на честь голови сенатського комітету з питань збройних сил Джона Маккейна, який бореться із важкою онкологією. Підписуючи документ, Трамп не згадав Маккейна, який, попри приналежність до однієї партії, часто критикує президента.

Однак, президент згадав інших сенаторів і конгресменів, причетних до написання законопроекту.

«Нас би не було сьогодні на цій церемонії, якби не віддана робота представників Конгресу, які тяжко працювали для ухвалення NDAA», – сказав Трамп.

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Трамп підписав закон про оборонний бюджет. Україна отримає $250 млн

13 серпня президент Сполучених Штатів Америки Дональд Трамп підписав закон про «Бюджет США на 2019 рік на потреби національної оборони».

Загалом, документ передбачає спрямування 716 мільярдів доларів на оборону.

В заяві Білого дому вказується, що «безпрецедентна підтримка дозволить Вашингтону стримувати супротивників і потужно провадити мирну політику адміністрації Трампа».

Бюджет посилює підтримку США союзникам в Європі проти російської агресії через надання фінансування для ініціативи стримування.

«У протистоянні цим небезпекам, ми знаємо, що слабкість – найбільш певний шлях до конфлікту і надзвичайна потужність є найбільш певним засобом нашої оборони», – цитує президента Трампа Білий дім.

Як повідомлялось раніше, одна зі статей документу дозволяє виділити Міністерству оборони США 250 мільйонів доларів для надання безпекової допомоги Україні. У цю суму закладено 50 мільйонів доларів на оборонні летальні види озброєнь, повідомляє посольство України у США.​

Документ включає положення про продовження співпраці з Україною у питанні кібербезпеки, який передбачає допомогу Києву у посиленні власних спроможностей щодо захисту від кібератак.

Також у розділі про «посилення стримування російської агресії у Європі» йдеться про посилену безпекову допомогу Україні та підтримку реформ оборонного сектору.

Бюджет назвали на честь голови сенатського комітету з питань збройних сил Джона Маккейна, який бореться із важкою онкологією. Підписуючи документ, Трамп не згадав Маккейна, який, попри приналежність до однієї партії, часто критикує президента.

Однак, президент згадав інших сенаторів і конгресменів, причетних до написання законопроекту.

«Нас би не було сьогодні на цій церемонії, якби не віддана робота представників Конгресу, які тяжко працювали для ухвалення NDAA», – сказав Трамп.

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Study: Illegal Fishing, Harm to Amazon Forest Linked to Tax Havens

Scientists called on Monday for greater transparency over the use of tax havens by companies involved in activities that have harmed the world’s oceans and the Amazon rainforest.

In a study published in the journal Nature Ecology and Evolution, they said many firms involved in illegal fishing worldwide used tax havens to register their vessels, while investments in farming that has damaged the rainforest often flow via offshore accounts.

The study follows the 2015 leak of the Panama Papers, which showed how wealthy individuals and companies use offshore schemes to reduce their tax bills.

Seventy percent of fishing vessels implicated in illegal, unreported and unregulated catches had been registered at some point in a tax haven, led by Belize and Panama, the scientists wrote in the journal.

By contrast, they said, only about four percent of all the fishing vessels registered worldwide are flagged in tax havens.

The scientists also cited documents from Brazil’s central bank which showed that almost 70 percent — or $18.4 billion of a total $26.9 billion — of foreign capital invested by major companies in soy and beef farming in Brazil from 2000-2011 had flowed through tax havens.

Deforestation 

Land clearances for beef and soy farms have been “key drivers of deforestation,” especially in the early years of the period, they said. Most funds for beef and soy went via the Cayman Islands, Bahamas and Netherlands.

“In the fisheries case … there are examples of illegal uses of tax havens. We are talking about tax avoidance,” lead author Victor Galaz of Stockholm University told Reuters.

By contrast, Galaz said there was nothing illegal about using a tax haven to channel money to farms in Brazil, but he added that this could sometimes act as an indirect subsidy for environmentally damaging practices.

The report did not name fishing companies but the scientists wrote to firms listed on the Brazilian central bank documents, which showed Cargill and Bunge had the largest amount of loans or cash flowing via tax havens.

Both companies said they were committed to protecting the environment and supported a 2006 soy moratorium in Brazil, which bans purchases from recently deforested areas.

“We do not ‘hide’ profits or cash in tax havens,” a Cargill official wrote to the authors. “Our company is subject in the U.S. to full disclosure of all our activities and bank accounts associated with non-U.S. holding companies.” Cargill told Reuters it had nothing to add to that statement.

“Our goal is to build sustainable supply chains free of deforestation,” a Bunge spokeswoman wrote in an e-mail to Reuters, echoing remarks the company sent to the authors.

 

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Study: Illegal Fishing, Harm to Amazon Forest Linked to Tax Havens

Scientists called on Monday for greater transparency over the use of tax havens by companies involved in activities that have harmed the world’s oceans and the Amazon rainforest.

In a study published in the journal Nature Ecology and Evolution, they said many firms involved in illegal fishing worldwide used tax havens to register their vessels, while investments in farming that has damaged the rainforest often flow via offshore accounts.

The study follows the 2015 leak of the Panama Papers, which showed how wealthy individuals and companies use offshore schemes to reduce their tax bills.

Seventy percent of fishing vessels implicated in illegal, unreported and unregulated catches had been registered at some point in a tax haven, led by Belize and Panama, the scientists wrote in the journal.

By contrast, they said, only about four percent of all the fishing vessels registered worldwide are flagged in tax havens.

The scientists also cited documents from Brazil’s central bank which showed that almost 70 percent — or $18.4 billion of a total $26.9 billion — of foreign capital invested by major companies in soy and beef farming in Brazil from 2000-2011 had flowed through tax havens.

Deforestation 

Land clearances for beef and soy farms have been “key drivers of deforestation,” especially in the early years of the period, they said. Most funds for beef and soy went via the Cayman Islands, Bahamas and Netherlands.

“In the fisheries case … there are examples of illegal uses of tax havens. We are talking about tax avoidance,” lead author Victor Galaz of Stockholm University told Reuters.

By contrast, Galaz said there was nothing illegal about using a tax haven to channel money to farms in Brazil, but he added that this could sometimes act as an indirect subsidy for environmentally damaging practices.

The report did not name fishing companies but the scientists wrote to firms listed on the Brazilian central bank documents, which showed Cargill and Bunge had the largest amount of loans or cash flowing via tax havens.

Both companies said they were committed to protecting the environment and supported a 2006 soy moratorium in Brazil, which bans purchases from recently deforested areas.

“We do not ‘hide’ profits or cash in tax havens,” a Cargill official wrote to the authors. “Our company is subject in the U.S. to full disclosure of all our activities and bank accounts associated with non-U.S. holding companies.” Cargill told Reuters it had nothing to add to that statement.

“Our goal is to build sustainable supply chains free of deforestation,” a Bunge spokeswoman wrote in an e-mail to Reuters, echoing remarks the company sent to the authors.

 

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Tourists Find Silver Lining in Turkey’s Lira Crash

Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the country’s lira sank to a record low beyond 7 per dollar.

Barely moving lines of mainly Arab tourists snaked outside the Chanel and Louis Vuitton stores in Nisantasi, an upscale Istanbul neighborhood, waiting to reap the benefits of a meltdown that saw the currency lose 18 percent on Friday alone.

“We’re buying clothes, we’re buying makeup, we’re buying brand names,” said Fatima Ali from Kuwait, visiting the city with her two daughters. “The prices are very cheap.”

Like many of her fellow shoppers, Ali brought her suitcases along to fill up. She stood outside a makeup store holding three.

The lira has lost more than 40 percent against the dollar this year, amid worries about President Tayyip Erdogan’s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States.

Erdogan has also urged Turks to extend their hospitality to tourists, who were bringing dollars into the country at a critical time.

“You are already very hospitable but keep that up and extend it. Because at a time when some people are taking out dollars, they are bringing it to you,” he told a crowd of supporters at the weekend.

Portraying the lira weakness a plot, Erdogan has repeatedly called on Turks to sell their dollars to shore the local currency up.

An employee at an upscale clothing store who declined to give his name said the amount of shoppers was unusual even in high season, attributing it to the lira’s fall.

One Egyptian shopper estimated he had saved about $1,000 in comparison to buying the same gifts and clothes at home.

“We hope that the currency, for Turkey’s sake, becomes better,” said another, Khalid al-Fahad from Kuwait. “And at the same time we hope for the sake of customers here that the lira remains as is.”

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Tourists Find Silver Lining in Turkey’s Lira Crash

Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the country’s lira sank to a record low beyond 7 per dollar.

Barely moving lines of mainly Arab tourists snaked outside the Chanel and Louis Vuitton stores in Nisantasi, an upscale Istanbul neighborhood, waiting to reap the benefits of a meltdown that saw the currency lose 18 percent on Friday alone.

“We’re buying clothes, we’re buying makeup, we’re buying brand names,” said Fatima Ali from Kuwait, visiting the city with her two daughters. “The prices are very cheap.”

Like many of her fellow shoppers, Ali brought her suitcases along to fill up. She stood outside a makeup store holding three.

The lira has lost more than 40 percent against the dollar this year, amid worries about President Tayyip Erdogan’s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States.

Erdogan has also urged Turks to extend their hospitality to tourists, who were bringing dollars into the country at a critical time.

“You are already very hospitable but keep that up and extend it. Because at a time when some people are taking out dollars, they are bringing it to you,” he told a crowd of supporters at the weekend.

Portraying the lira weakness a plot, Erdogan has repeatedly called on Turks to sell their dollars to shore the local currency up.

An employee at an upscale clothing store who declined to give his name said the amount of shoppers was unusual even in high season, attributing it to the lira’s fall.

One Egyptian shopper estimated he had saved about $1,000 in comparison to buying the same gifts and clothes at home.

“We hope that the currency, for Turkey’s sake, becomes better,” said another, Khalid al-Fahad from Kuwait. “And at the same time we hope for the sake of customers here that the lira remains as is.”

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South Africa’s Rand Falls to 2-Year Low As Turkey Rout Spreads

South Africa’s rand plunged more than 10 percent to a 2-year low against the dollar early on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to other emerging markets.

The rand, which later recovered to trade down 1.6 percent against the U.S. unit by 1500 GMT, is one of the most deeply traded emerging market currencies, making it susceptible to swings in sentiment on global markets.

The magnitude of the rand’s slide came after three days of heavy losses and caught the South African Reserve Bank by surprise, but a deputy governor at the bank told Reuters that the regulator was “nowhere near” intervening to support the currency.

Highlighting South Africa’s narrower current account deficit and smaller stock of short-term external debt than Turkey, analysts said investors should not be overly concerned by recent rand weakness.

“The rand is currently telling us a lot more about general emerging market sentiment than it is about South Africa in particular,” said John Ashbourne of Capital Economics.

“The rand is likely to rebound in the short term as the situation in Turkey stabilizes,” Ashbourne added.

The yield on South Africa’s benchmark government bond maturing in 2026 rose 19.5 basis points to 9.050 percent, reflecting weaker bond prices.

The average yield premium to hold South African debt over safe haven U.S. Treasuries rose to 303 basis points (bps), having added more than 30 bps in the past week.

The lira has lost more than 40 percent of its value this year on worries over Turkish President Tayyip Erdogan’s increasing control over the economy and deteriorating relations with the United States.

It did find a sliver of support on Monday, when Turkey’s central bank said it would take all measures necessary to maintain financial stability.

“The Turkey crisis was caused by monetary policy reacting in a completely unsuitable manner. Countries with a decent monetary policy should be in a better position,” Commerzbank analysts wrote in a research note, referring to South Africa.

“The recovery of the rand … confirms that at least some market participants have trust in the (South African Reserve Bank) to react appropriately.”

Johannesburg-listed stocks were mostly spared the pain felt elsewhere in South African assets.

The All-share index closed up 0.32 percent at 57,885 points, while the Top-40 index ended 0.47 percent higher at 51,821 points.

One outlier was South African pulp and paper maker Sappi, however. Its shares fell 9.5 percent after the company reported a 12 percent drop in quarterly profit.

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South Africa’s Rand Falls to 2-Year Low As Turkey Rout Spreads

South Africa’s rand plunged more than 10 percent to a 2-year low against the dollar early on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to other emerging markets.

The rand, which later recovered to trade down 1.6 percent against the U.S. unit by 1500 GMT, is one of the most deeply traded emerging market currencies, making it susceptible to swings in sentiment on global markets.

The magnitude of the rand’s slide came after three days of heavy losses and caught the South African Reserve Bank by surprise, but a deputy governor at the bank told Reuters that the regulator was “nowhere near” intervening to support the currency.

Highlighting South Africa’s narrower current account deficit and smaller stock of short-term external debt than Turkey, analysts said investors should not be overly concerned by recent rand weakness.

“The rand is currently telling us a lot more about general emerging market sentiment than it is about South Africa in particular,” said John Ashbourne of Capital Economics.

“The rand is likely to rebound in the short term as the situation in Turkey stabilizes,” Ashbourne added.

The yield on South Africa’s benchmark government bond maturing in 2026 rose 19.5 basis points to 9.050 percent, reflecting weaker bond prices.

The average yield premium to hold South African debt over safe haven U.S. Treasuries rose to 303 basis points (bps), having added more than 30 bps in the past week.

The lira has lost more than 40 percent of its value this year on worries over Turkish President Tayyip Erdogan’s increasing control over the economy and deteriorating relations with the United States.

It did find a sliver of support on Monday, when Turkey’s central bank said it would take all measures necessary to maintain financial stability.

“The Turkey crisis was caused by monetary policy reacting in a completely unsuitable manner. Countries with a decent monetary policy should be in a better position,” Commerzbank analysts wrote in a research note, referring to South Africa.

“The recovery of the rand … confirms that at least some market participants have trust in the (South African Reserve Bank) to react appropriately.”

Johannesburg-listed stocks were mostly spared the pain felt elsewhere in South African assets.

The All-share index closed up 0.32 percent at 57,885 points, while the Top-40 index ended 0.47 percent higher at 51,821 points.

One outlier was South African pulp and paper maker Sappi, however. Its shares fell 9.5 percent after the company reported a 12 percent drop in quarterly profit.

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