Daily Archives: May 4, 2018

Palestine | Massacre at Gaza’s Borders

On Land Day, March 30, thousands of peaceful, hopeful and unarmed Palestinian women, men and children gathered at the borders of Gaza for the Great March of Return. Initial reports indicate that at least 16 Palestinian people have been killed, and more than 1,400 were injured as a result of the Israeli Occupation Forces firing into crowds with live ammunition and tear gas.

Russia | US Reprieve for Rusal does not Relieve President Putin of Fatal Choice for Oleg Deripaska

By John Helmer, Moscow

There are two reasons why  the aluminium metal markets are not making long-term bets on the price of the metal, the alumina required to make it, and the share prices of the metal producers, including Russia’s aluminium monopoly United Company Rusal. The first reason is that the US Treasury Secretary Stephen Mnuchin has decided to eliminate Rusal’s controlling shareholder, Oleg Deripaska, but leave Rusal to carry on its business without him.  The second reason is that President Vladimir Putin cannot make up his mind on whether to sacrifice Deripaska for the good of the company and Russia’s metal industry.  If Putin refuses Mnuchin’s deal, the US sanctions to put the company out of business, announced on April 6, will be enforced in full.  Pricing the consequences now of then is next to impossible.

China | China-US trade talks: Beijing and Washington agree only to keep talking after two days of dialogue

China and the United States wrapped up their first round of trade talks on Friday with no breakthrough, agreeing only to have more dialogue to ease tensions.

A short statement released by state-run Xinhua said both sides were still “very divided” on some issues and “more work needed to be done”.