UAE, Ukraine to Start Talks on Bilateral Trade Deal

The United Arab Emirates and Ukraine on Monday announced their intention to start negotiations on a bilateral trade deal, expected to conclude by the middle of next year, the UAE economy ministry said.

The UAE state has tried to remain neutral in the Russia-Ukraine war despite Western pressure on Gulf oil producers to help isolate Moscow, a fellow OPEC+ member.

The UAE’s minister of state for foreign trade, Thani Al Zeyoudi, and Ukraine’s economy minister, Yulia Svyrydenko, signed a joint statement on negotiations towards a Comprehensive Economic Partnership Agreement (CEPA), the ministry said.

It would be the UAE’s first such deal with a European country, following more than $3 billion in trade and investment pledges made during Ukrainian President Volodymyr Zelensky’s visit to the Gulf state in February 2021.

“For us, Ukraine is a key trade partner. The growth and investment potential was high before the whole geopolitical situation; we think it’s time to push things forward,” Thani Al Zeyoudi, UAE minister of state for foreign trade, told Reuters.

UAE-Ukraine non-oil trade amounted to just over $900 million in 2021, up nearly 29% over the previous year, and 12% more than in 2019, according to the UAE ministry.

Talks will likely center on opportunities to expand trade in the services sector, and on food security where the UAE, a trade hub, is making a push. Ukraine is a major supplier of grain to the Middle East.

The ministry statement said a CEPA with Ukraine would open up access to new markets in Asia, Africa and the Middle East for Ukraine’s agricultural and industrial output.

“This is not only going to bring added value to the UAE but also to Ukraine as well,” Al Zeyoudi told Reuters.

The UAE has signed free trade deals with India, Israel and Indonesia this year, aiming to build its position as a global trade and logistics hub at a time of rising competition from Saudi Arabia.

Growth in Arms Trade Stunted by Supply Issues: Report

Sales of arms and military services grew in 2021, researchers said Monday, but were limited by worldwide supply issues related to the pandemic, with the war in Ukraine increasing demand while worsening supply difficulties.   

The top 100 arms companies sold weapons and related services totaling $592 billion in 2021, 1.9% more than the year before, said the latest report from the Stockholm International Peace Research Institute (SIPRI). 

However, the growth was severely impacted by widespread supply chain issues.   

“The lasting impact of the pandemic is really starting to show in arms companies,” Nan Tian, a senior researcher at SIPRI, told AFP.   

Disruptions from both labor shortages and difficulties in sourcing raw materials were “slowing down the companies’ ability to produce weapons systems and deliver them on time,” Tian said. “So what we see really is a potentially slower increase to what many would have expected in arms sales in 2021.”   

Russia’s invasion of Ukraine is also expected to worsen supply chain issues, in part “because Russia is a major supplier of raw materials used in arms production”, said the report’s authors.   

But the war has at the same time increased demand.   

“Definitely demand will increase in the coming years,” Tian said.   

By how much was at the same time harder to gauge, Tian said pointing to two factors that would impact demand. 

Firstly, countries that have sent weapons to Ukraine to the tune of hundreds of millions of dollars will be looking to replenish stockpiles.   

Secondly, the worsening security environment means “countries are looking to procure more weapons.”   

With the supply crunch expected to worsen, it could hamper these efforts, the authors noted. 

Companies in the U.S. continue to dominate global arms production, accounting for over half, $299 billion, of global sales and 40 of the top companies.   

At the same time, the region was the only one to see a drop in sales: 0.9 percent down on the 2020 figures.   

Among the top five companies — Lockheed Martin, Raytheon Technologies, Boeing, Northrop Grumman and General Dynamics — only Raytheon recorded an increase in sales.   

Meanwhile, sales from the eight largest Chinese arms companies rose 6.3% to $109 billion in 2021.   

European companies took 27 of the spots on the top 100, with combined sales of $123 billion, up 4.2% compared to 2020.   

The report also noted a trend of private equity firms buying up arms companies, something the authors said had become increasingly apparent over the last three or four years.   

This trend threatens to make the arms industry more opaque and therefore harder to track, Tian said, “because private equity firms will buy these companies and then essentially not produce any more financial records.” 

EU Chief Says Bloc Must Act Over US Climate Plan ‘Distortions’

EU chief Ursula von der Leyen said Sunday the bloc must act to address “distortions” created by Washington’s $430-billion plan to spur climate-friendly technologies in the United States.

The European Union must “take action to rebalance the playing field where the IRA [Inflation Reduction Act] or other measures create distortions,” von der Leyen said in a speech at the College of Europe in the Belgian city of Bruges.

EU countries have poured criticism on Washington’s landmark Inflation Reduction Act, seeing it as anti-competitive and a threat to European jobs, especially in the energy and auto sectors.

The act, designed to accelerate the U.S. transition to a low-carbon economy, contains around $370 billion in subsidies for green energy as well as tax cuts for U.S.-made electric cars and batteries.

Von der Leyen said the EU had to work with the U.S. “to address some of the most concerning aspects of the law.”

She said that Brussels must also “adjust” its own rules to facilitate public investment in the environmental transition and “reassess the need for further European funding of the transition.”

French President Emmanuel Macron seized an opportunity on a state visit to Washington for talks with U.S. President Joe Biden last week to air deep grievances over U.S.-EU trade.

The White House touts the IRA as a groundbreaking effort to reignite US manufacturing and promote renewable technologies.

Sources: OPEC+ Agrees No Change to Oil Policy

OPEC+ agreed to stick to its oil output targets at a meeting on Sunday, two OPEC+ sources told Reuters.

The decision comes two days after the Group of Seven (G-7) nations agreed a price cap on Russian oil.

OPEC+, which comprises the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, angered the United States and other Western nations in October when it agreed to cut output by 2 million barrels per day, about 2% of world demand, from November until the end of 2023.

Washington accused the group and one of its leaders, Saudi Arabia, of siding with Russia despite Moscow’s war in Ukraine.

OPEC+ argued it had cut output because of a weaker economic outlook. Oil prices have declined since October due to slower Chinese and global growth and higher interest rates.

On Friday, G-7 nations and Australia agreed a $60 per barrel price cap on Russian seaborne crude oil in a move to deprive President Vladimir Putin of revenue while keeping Russian oil flowing to global markets.

Moscow said it would not sell its oil under the cap and was analyzing how to respond.

Surprising Words & Phrases Invented by US Presidents  

When America’s leaders can’t think of the perfect word for certain situations, they sometimes make one up. And those new words often go down in history.

From “lunatic fringe” (Teddy Roosevelt) and “iffy” (Franklin D. Roosevelt)

to “snowmageddon” (Barack Obama) and “bigly” (Donald Trump), the terms coined by U.S. presidents are as unique as the American experience.

“We’re really creating our own institutions through language,” says Paul Dickson, author of “Words from the White House: Words and Phrases Coined or Popularized by America’s Presidents.” “So, when John Quincy Adams creates the word ‘gag rule,’ or somebody creates another word that actually fits into what we do, once you have a word for it, then it becomes a reality.”

Thomas Jefferson is said to have created more than a hundred words, including “authentication” [act of proving the accuracy or legitimacy of something] and “anglomania” [an excessive fondness for all things English].

Abraham Lincoln coined the words “relocate” and “relocation,” the term “a house divided” in reference to the Civil War, and according to The New York Times,” the word “cool” [nice, good].

Teddy Roosevelt added several memorable words and phrases to American English.

“Teddy Roosevelt creates this huge body of slang,” Dickson says. “‘Pack rat,’ ‘mollycoddle,’ ‘frazzle,’ ‘malefactors of great wealth,’ ‘loose cannon,’ ‘lunatic fringe,’ ‘bully pulpit,’ ‘pussyfooter,’ and on and on.”

Woodrow Wilson is believed to have been the first to use the slogan “America First” in 1915. He was also criticized for being the first president to drop “the” before “Congress.” Wilson’s successor, Warren Harding, gets credit for coming up with the term “Founding Fathers” to describe the framers of the Constitution. Harding also originated the words “normalcy” and “bloviate” [to speak bombastically or grandiosely].

Before Calvin Coolidge, no political campaigner had ever branded himself as a “law- and-order” candidate. Harry Truman devised the phrase “do-nothing Congress” and the saying, “If you can’t stand the heat, get out of the kitchen.” Lyndon Johnson was the first to call handshakes “pressing the flesh.”

The new words filled in a lot of blanks as when, in 1934, the sitting president decided his annual report to Congress needed a more fitting name.

“It was Franklin D. Roosevelt who changed the name of the ‘Report to Congress’ to the ‘State of the Union,’ and that was a much better description of what was going on than a ‘Report to Congress,’” Dickson says.

Inventing new words drew the ire of critics who felt presidents should stick to proper English, like when FDR used “iffy” for the first time.

“He said, ‘Well, it’s pretty iffy as to where the Supreme Court stands on this,’ and that made headlines: ‘Roosevelt created the word ‘iffy’!’” Dickson says.

The Oxford English dictionary also cites FDR as being the first to use the word “cheerleader” [a person who leads the cheering at a sporting or special event].

wight D. Eisenhower is admired for conceiving the term, “military-industrial complex” in 1961, to warn against the powerful alliance of the military, government and private corporations. But he was slammed for uttering another word in a speech.

“He used the word ‘finalize’ — taking ‘final’ and turning it into a verb — and there was this huge outcry. There were editorials in the major papers that the president shouldn’t use a word like finalize. It wasn’t proper English,” Dickson says.

Critics called the word nonexistent,” “hideous,” “atrocious” and “meaningless.”

Dickson says necessity is the reason presidents continue to devise new words.

“They come up when they’re needed … to deal with the times, to deal with what was going on, whether it be the Great Depression or whether it be World War II, or whether it’s the change in fashion or politics,” he says. “President [Richard] Nixon coming up with the word ‘solid majority,’ or President Obama talking about certain projects which were ‘shovel-ready,’ that had never been heard before, that meant that they could immediately start working on the project.”

Obama’s predecessor, George W. Bush, is remembered for calling himself the “decider” [person who makes the final call] and using the word “misunderestimate” [to seriously underestimate.]

While the presidential expressions that have entered the American lexicon are wildly diverse, there might be one quality the presidents share.

“A number of them showed great cleverness. That’s what they have in common. They were not just smart. They were clever. They were witty,” Dickson says. “They often have to think on their feet, and when they think on their feet, sometimes there isn’t an existing word to say what they mean. And they just make one up.”

У КМДА розповіли, як забезпечуватиметься водопостачання у столиці в разі блекауту

Питну воду та воду для інших потреб доставлятимуть до пунктів обігріву. Влада столиці вже відпрацювала з комунальними службами схеми транспортування цистерн із водою

Fighting Words: Founding Fathers Irked England by Inventing American English

Thomas Jefferson, America’s third president, coined the words “electioneering” and “indecipherable.” John Adams (No. 2) came up with “caucus.” James Madison (No. 4) was the first to use “squatter” when referring to someone who occupies a property or territory they don’t own.

As they set out to build a new nation, America’s Founding Fathers were determined to give the fledgling republic its own identity and culture by making up new words that were unique to the American experience.

“It was thought by many of the early presidents — Jefferson, Adams, [George] Washington and others — that they were doing something important,” says Paul Dickson, author of “Words from the White House: Words and Phrases Coined or Popularized by America’s Presidents.” “It was this belief that we were separating ourselves from the British.”

The practice of making up new words outraged British purists, some of whom viewed Americans as people without a language who stole England’s mother tongue.

“Some of the first words that the British really went crazy over were the words ‘congressional’ and ‘presidential.’ They said they were barbarous,” Dickson says. “But those were words we needed. George Washington, one of the words he created — and again, this helped frame who we were — he talked about his ‘administration.’ That word never existed in terms of a noun to describe the body of people that ruled with you in your Cabinet.”

In some cases, the presidents didn’t come up with the words and phrases. Some were created by speechwriters, aides and other acquaintances and then popularized by the president. For example, John Jay, Washington’s secretary for foreign affairs, is said to have coined “Americanize.”

A key nonpresidential figure who helped codify these new Americanisms was Noah Webster, who published his first dictionary in 1806. Webster fought in the Revolutionary War, which secured America’s independence from England. While wandering through a New York military camp filled with war veterans, he saw the need for a unique American language.

“He was hearing voices of Indigenous people. He was hearing Irish brogues. He was hearing all sorts of different kinds of language and different kinds of speaking, and heavily accented,” Dickson says. “And he realized that this country is going to be a big mix of different people, different interests, and it needed a new language. It needed something called the ‘American language,’ which is a term he created. … Noah Webster actually said that creating a new language was an act of defiance.”

While future presidents also coined new words, Dickson says the founders were particularly prolific. Jefferson alone is credited for coming up with more than 100 words, including “belittle,” “pedicure,” “monotonously” and “ottoman” [footstool]. Fittingly, he also invented the verb “neologize,” which is the practice of coining new words or expressions.

Instead of saying “within doors,” Washington created the word “indoors.” The first president also came up with “average” and “New Yorker.”

Adams borrowed from the classic Spanish novel, “Don Quixote” to create the adjective “quixotic” [unrealistic schemes]. The first recorded uses of “hustle” [to move rapidly] and “lengthy” [long, protracted] came from Adams’ journal entries.

Although the earliest American leaders started the practice, neologizing eventually became something of a presidential tradition.

“There were certain presidents that have a knack for this, and some of it was conscious. Some of it was sort-of semi-conscious,” Dickson says. “It became, it was, sort of, the American way.”

Despite inventing numerous memorable words and phrases, America’s early leaders fell short of coining a term to describe themselves — the extraordinary group of men who founded the United States and created the framework for its government. That didn’t happen until a century later.

In the 1920s, President Warren Harding dubbed them the “Founding Fathers” and in doing so, created one of the most memorable and iconic Americanisms of them all.

«Ми пройдемо цей шлях» – митрополит Епіфаній про повернення української молитви до Києво-Печерської лаври

«Мирно, спокійно, впевнено ми пройдемо цей шлях. І в святині нашого народу нарешті зазвучить щоденна молитва рідною мовою – за перемогу, за справедливий мир, за вигнання російських агресорів та за добро для України»

Biden Signs Bill to Block US Railroad Strike

President Joe Biden signed legislation Friday to block a national U.S. railroad strike that could have devastated the American economy.

The U.S. Senate voted 80 to 15 on Thursday to impose a tentative contract deal reached in September on a dozen unions representing 115,000 workers, who could have gone on strike on December 9. But the Senate failed to approve a measure that would have provided paid sick days to railroad workers.

Eight of 12 unions had ratified the deal. But some labor leaders have criticized Biden, a self-described friend of labor, for asking Congress to impose a contract that workers in four unions have rejected over its lack of paid sick leave.

Railroads have slashed labor and other costs to bolster profits in recent years, and they have been fiercely opposed to adding paid sick time that would require them to hire more staff.

A rail strike could have frozen almost 30% of U.S. cargo shipments by weight, stoked already surging inflation, cost the American economy as much as $2 billion a day, and stranded millions of rail passengers.

There are no paid short-term sick days under the tentative deal after unions asked for 15 and railroads settled on one personal day.

Teamsters President Sean O’Brien harshly criticized the Senate vote on sick leave. “Rail carriers make record profits. Rail workers get zero paid sick days. Is this OK? Paid sick leave is a basic human right. This system is failing,” O’Brien wrote on Twitter.

Congress invoked its sweeping powers to block strikes involving transportation – authority it does not have in other labor disputes.

The contract that will take effect with Biden’s signature includes a 24% compounded pay increase over five years and five annual $1,000 lump-sum payments.

American Association of Railroads CEO Ian Jefferies said that “none of the parties achieved everything they advocated for” but added, “without a doubt, there is more to be done to further address our employees’ work-life balance concerns.”

Without the legislation, rail workers could have gone out next week, but the impacts would be felt as soon as this weekend as railroads stopped accepting hazardous materials shipments and commuter railroads began canceling passenger service.

The contracts cover workers at carriers including Union Pacific, Berkshire Hathaway Inc’s BNSF, CSX , Norfolk Southern Corp and Kansas City Southern.

«Методички» Кремля та нацистська символіка – СБУ про результати обшуків на об’єктах УПЦ (МП) у трьох областях

«Наразі всі вилучені матеріали направлено на експертизу для вжиття подальших процесуальних дій і притягнення винних до відповідальності»

Проти намісника Києво-Печерської лаври введені санкції РНБО. Лавру зареєстровано як монастир у складі ПЦУ

2 грудня президент увів у дію рішення РНБО про санкції щодо афілійованих з центрами впливу в Росії релігійних організацій