A Woman's Work Is Never Done
WOMEN |
SCREEN |
READ |
EUROPE |
THROWING THE STEEL AND
ALUMINUM WORLD OUT OF BALANCE: Europe's main steel
industry group, EUROFER, said the tariffs would cut the 5 million tons that EU
steelmakers exported to the United States in 2017 by 50 percent. Overall, the
group said the tariff could restrict U.S. imports by up to 20 million to 25
million tons, representing more than half of what the EU imported in 2017.
In a global market already saturated with
steel, that could mean the EU will be left to make "preventive contingency
actions" to keep its market from being overwhelmed by capacity that won't
be able to find a way into the United States, EUROFER Director-General Axel
Eggert said.
"We welcome the announcement of the
Commission that appropriate and swift measures will be taken to safeguard the
interests and jobs in our industry. The EU must not allow that the moderate
recovery in our industry over the last year is now being destroyed by the EU's
most important political ally," Eggert said in a statement.
European Aluminum, the
main industry group for that sector, took a similar view that
Europe will become a destination for aluminum products that would have
otherwise gone to the United States.
"The European value chain is already
under enormous pressure due to global overcapacities; the announced measures
put thousands of jobs in over 600 plants, many of which are SMEs, in countries
such as Germany, Italy, France, Spain, Sweden and Central and East European
countries at risk," said Gerd Götz, director-general of the
organization. "We urge the European Commission and EU member states to
implement without further delay actions to protect our industrial interests, in
line with international trade rules." [POLITICO's
Morning Trade, March 2, 2018]
RUSSIA |
SWEDEN |
TMT time: Sweden-based private equity firm EQT Partners last week announced
that it had closed its eighth flagship fund with $13.2 billion. What didn't
make the press release is that its large-cap investment mandate in the U.S. has
expanded from healthcare to also include TMT and services (mimicking an earlier
change in its U.S. mid-market fund strategy). EQT also will continue to make
U.S. infrastructure investments out of a separate vehicle. [Axios Pro Rata: Friday, March 2]
PUERTO RICO |
ETHIOPIA |
AUSTRALIA |
“The situation in besieged Eastern Ghouta is a tragedy. As for
doctors, may God help them. They are doing their best, but there is a severe
lack of equipment and supplies, and hospitals in Eastern Ghouta are being
heavily targeted for bombardment….even nursing mothers aren’t able to nurse
their babies because of malnutrition.”
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NOTE: The news sources here vary. Not all sources have the same credibility, but in an effort to share some different perspectives, they are included here. This compendium itself cannot claim to be unbiased. Please take into consideration where these different perspectives originate in assessing their value. Thank you
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