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 China raises fears of new colonialism with $60 billion investment across Africa Alerter l'administrateur Recommander à un ami Lien de l'article 

China raises fears of 'new colonialism' with $60 billion investment across Africa Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent's economic prospects to its own.To get more china social news, you can visit shine news official website. Speaking to a gathering of African leaders in Beijing, Mr Xi said the figure includes $15 billion in grants, interest-free loans and concessional loans, $20 billion in credit lines, $10 billion for "development financing" and $5 billion to buy imports from Africa. In addition, he said China will encourage companies to invest at least $10 billion in Africa over the next three years. China's outreach to Africa aims to build trade, investment and political ties with a continent often seen as overlooked by the US and other Western nations. That has provided lucrative opportunities for Chinese businesses, while African nations are often happy to accept China's offers that come without demands for safeguards against corruption, waste and environmental damage.China has denied engaging in "debt trap" diplomacy, and Mr Xi's offer of more money comes after a pledge of another $60 billion at the previous summit in South Africa three years ago. Mr Xi earlier said the money came with "no political strings attached". No details were given on specific projects, although Mr Xi said China was planning initiatives in eight areas, including providing $147 million in emergency food aid, sending 500 agricultural experts to Africa, and providing scholarships, vocational training and trade promotion opportunities. During a speech at the summit South African President Cyril Ramaphosa on Monday delivered a stinging rebuttal to criticism of China's development aid in Africa. Mr Ramaphosa said the meeting "refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe". China's latest pledge comes on top of a 2015 promise to provide African countries with $60 billion in funding that Mr Xi said had either been delivered or arranged. Also Monday, Mr Xi promoted Beijing's initiative to build ports and other infrastructure as a tool for "common prosperity" in a world facing challenges from trade protectionism.Addressing businesspeople prior to the formal opening of the Forum on China-Africa Cooperation, Mr Xi said the "Belt and Road" initiative will expand markets. He tried to mollify concern that Beijing wants to build strategic influence, promising Chinese investment comes with "no political strings attached." "Unilateralism and protectionism are on the rise. Economic growth lacks robust drive," Mr Xi said in a speech. "China-Africa cooperation under the BRI is a way to common prosperity that brings benefits to both our peoples."

  Aucun commentaire | Ecrire un nouveau commentaire Posté le 06-09-2018 à 08h51

 Gary Payton People do not know was the first LeBron Alerter l'administrateur Recommander à un ami Lien de l'article 

Long before the social media era, when anyone can find the next basketball star's mixtape with a simple click, Jason Kidd was creating a buzz as a bona fide phenom even before delivering his first college basketball assist.To get more basketball news article, you can visit shine news official website. "People don't know, J was the first LeBron [when it came to the attention surrounding one player] coming out of high school," fellow Oakland Bay Area native and Basketball Hall of Famer Gary Payton said. "He was good. Really, really good. In the Bay Area, that's what all the talk was about -- J-Kidd." In the late 1980s and early '90s, Kidd was considered the next great basketball phenomenon. The teenager with a mouth full of braces but a 6-foot-4 NBA-ready body was drawing national attention and comparisons to Magic Johnson and Bob Cousy. Kidd was also being compared to another legendary local passer on the other side of the Bay.Joe Montana was doing the things in the '80s, winning Super Bowls," Payton said. "I had left [for college] in '86 and then J came in and all of the sudden, they [Montana and Kidd] were the biggest things in the Bay Area at the time." Fittingly, Kidd will have Payton with him on stage to present him when he is enshrined in the Naismith Memorial Basketball Hall of Fame on Friday night. It was Payton who mentored Kidd in Oakland, but it was also The Glove's brutally tough love and psychologically demoralizing practice sessions that often sent Kidd to the brink of quitting basketball as an underclassman in high school. Finding himself at the mercy of The Glove's legendary suffocating defense and soul-crushing trash-talking, Kidd said he was unable to score a single basket against Payton, who is five years older, during games and drills for two years. "Oh, there were tears," Kidd told ESPN. "My parents would ask me, 'What's wrong?' I would be like, I think I should pick a different sport because I am not very good at it. He wouldn't let me score. [And] he would tell me you are not going to score ... that I was soft and that I wasn't good enough. And for a kid in high school that was built up to be this great high school player, it was very humbling and hard to swallow.Payton's tough-love tutelage helped fuel Kidd's early success. Kidd led St. Joseph (Alameda) High School to a 122-14 record and two straight state championships. He won the Naismith Award as the country's top prep player and was Parade's and USA Today's High School Player of the Year after averaging 25 points, 10 assists, 7 rebounds and 7 steals as a senior. The demand to see Kidd play forced St. Joseph, a Catholic school with under 500 students, to often move its games to the Oakland Coliseum Arena (now Oracle Arena) to accommodate crowds that averaged 12,000. As a teen, Kidd played pickup with the likes of Payton, Chris Mullin, Mitch Richmond and Tim Hardaway, had his jerseys and posters sold at his high school games, and was featured in Sports Illustrated as one of the nation's most highly recruited players with a photo of him lying on his bed full of recruiting letters and programs.

  Aucun commentaire | Ecrire un nouveau commentaire Posté le 06-09-2018 à 09h11

 Aluminum Association Welcomes New Policy Alerter l'administrateur Recommander à un ami Lien de l'article 

The Aluminum Association announced today the addition of Lauren Wilk and Katie Rosebrook to its team as the voice of the aluminum value chain continues to strengthen its advocacy platform. As the new Vice President of Policy & International Trade, Wilk will oversee the association’s overall policy portfolio and international trade agenda. Rosebrook will focus on digital advocacy and other communications efforts as part of the association’s Public Affairs department.aluminium panel sheet price “Lauren brings a wealth of relevant experience that will benefit the membership as we continue to pursue a policy agenda that promotes aluminum as the sustainable material of choice,” said Michelle O’Neill, Senior Vice President of Global Government Affairs and Sustainability for Alcoa and chair of the Aluminum Association. “We are at a critically important moment for the domestic industry, and Lauren’s background managing manufacturing trade policy will help us face the challenges and capitalize on the opportunities ahead.” Prior to joining the association, Wilk served as the Director of Trade Policy at the National Association of Manufacturers (NAM) where she developed policy and advocacy strategies, represented manufacturers on Capitol Hill through the legislative process and served on the International Trade Advisory Committee on Customs Matters and Trade Facilitation. She previously worked in the House of Representatives where she served as staff director for the House Manufacturing Caucus and the Congressional Export Control Working Group. Wilk holds a Master of Art degree in National Security Studies from Naval War College as well as a Bachelor of Art and a Bachelor of Science in political science and journalism/news information from the University of Kansas. As Public Affairs Specialist, Rosebrook works with the Public Affairs team on day-to-day media and communications efforts, assists with membership responsibilities and manages the association’s digital advocacy platform. Before joining the association team, she interned for SIGNAL Group D.C. where she worked for various clients in the telecommunications, biotechnology and pharmaceutical industries. Rosebrook has a Bachelor of Science degree in strategic communications from Oklahoma State University.

  Aucun commentaire | Ecrire un nouveau commentaire Posté le 06-09-2018 à 09h30

 Aluminum Association Honors Representatives Bucshon Alerter l'administrateur Recommander à un ami Lien de l'article 

The Aluminum Association honored U.S. Reps. Larry Bucshon (R-IN-8) and Suzan DelBene (D-WA-1) with its Legislator of the Year awards for 2017. The members, who serve as co-chairs of the bipartisan Congressional Aluminum Caucus,aluminium sheet price per kg received the recognition during a Monday night reception in conjunction with the association’s annual meeting – “Aluminum Moves America.” “It is an honor to receive The Aluminum Association’s Legislator of the Year award,” said Rep. DelBene. “As someone who represents aluminum workers, I know how much these people and their families appreciate our efforts. I look forward to continuing to work together to protect good-paying, middle-class jobs in the U.S. aluminum industry.” Rep. Buschon added: “The aluminum industry supports nearly 6,000 good-paying jobs in the Eighth District, and 45,000 jobs statewide. This industry is vital to Indiana's economy. In Congress, I will continue to advocate ardently for a robust marketplace for American aluminum.” Michelle O’Neill, Senior Vice President of Global Government Affairs and Sustainability at Alcoa Corporation, presented the Legislator of the Year awards. She was unanimously elected as Chair during the Association’s annual business meeting. She previously served as the association’s vice chair, starting in 2015. With the appointment, she becomes the first female chair of the association in its 84-year history. Before joining Alcoa in 2012, O’Neill served as Deputy Under Secretary of Commerce for International Trade, beginning in 2005. In this position, she oversaw the daily operations of the International Trade Administration (ITA), whose mandate is to promote the competitiveness of U.S. businesses at home and abroad. She managed an annual budget of $500 million and led over 2,300 employees worldwide.

  Aucun commentaire | Ecrire un nouveau commentaire Posté le 06-09-2018 à 10h05

 Representative Steve Womack visits JW Aluminum Russellville facility Alerter l'administrateur Recommander à un ami Lien de l'article 

On Monday, August 20th, Representative Steve Womack toured JW Aluminum’s Russellville facility and discussed issues including trade, tax cuts, the local work force, national debt and social security. During the site visit, Representative Womack participated in a presentation by JW Aluminum’s Chief Executive Officer Lee McCarter, went on a plant tour led by Russellville’s Plant Manager Mike Whitten, aluminum foil conductivity and met with JW Aluminum teammates to learn more about plant operations and issues concerning his constituents in the Third District of Arkansas. JW Aluminum manufactures flat-rolled aluminium products including fin stock used by the heating and air-conditioning industry, light gauge converter foil for the flexible packaging industry, honeycomb foil for the aerospace industry, sheet products for the building and construction markets, as well as other sheet and foil products. Leveling the playing field with China on trade is critical to the future of our company and country,” said Lee McCarter, JW Aluminum’s CEO. “We are honoured Representative Womack took the time out of his schedule to tour our Russellville facility and meet with our team. Because of the current business climate, and in addition to the expansion underway at our Goose Creek, South Carolina facility, we are investing over $30 million in our light gauge business, which includes our Russellville, Arkansas facility.” CEO Lee McCarter also commented, “I was personally honoured to have the opportunity to present Steve, a Russellville native with over 30 years of service with the Arkansas National Guard, with a JW Aluminum WIN Culture Challenge Coin. The coin highlights our company’s Target Behavior of “We are One Team,” true to our partnership with Representative Womack.” Representative Womack, who retired from the Arkansas National Guard at the rank of Colonel, responded in kind and presented Lee and other JW Aluminum teammates with an Official Challenge Coin from his Office. Representative Womack appreciated the opportunity to see JW Aluminum’s facilities and speak with their employees in Russellville.

  Aucun commentaire | Ecrire un nouveau commentaire Posté le 06-09-2018 à 10h22


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