Weapons can kill the hungry, the sick, the ignorants. But cannot kill hunger, sickness and ignorance “Fidel’s speech at U.N. Fidel has been leader Maximo of Cuba since 1959, when he arrived to Cuba with a small boat and few friends to start one of the most spectacular guerrilla revolutions.
Geraci on Al Jazeera said: “Without the US, TPP is dead. Alternative regional trade agreements are also unlikely amongst the remaining countries, because without the US covering their backs and opening its market, no country would have any interest in antagonizing China. While trade is beneficial on average for both countries involved, it is not beneficial for all the citizens. Trump may not be concerned too much about the average wealth or the average U.S. citizens, rather, he would probably be more concerned about the low income of the people who voted for him and supported him, and even if pulling out of TPP is detrimental to the overall US economy, it would be beneficial to the group of voters that support him, hence his anti-TPP stance.”
The Chinese president called on Italy to better dovetail its development strategy with China’s Belt and Road Initiative. Xi said, “Italy has been China’s trusted friend and important partner in the EU and the development momentum of China-Italy comprehensive strategic partnership is encouraging.” Geraci thinks Italy should know more about Chinese consumers.
Geraci has been interviewed by Italian RaiNews to discuss the impact of Trump on Chinese economic development. On the margin, he believes Trump’s presidency will be slightly positive for China. On one hand, Trump has made a promise to raise tariffs for imports from China into the U.S. But Geraci points out that one thing is the rhetoric used during the election period and one other thing is what the President will do afterwards. Obviously he needs to take care of the mid-western voters, people who are particularly hit by the economic recession, and he needs to show he is doing something to help them, without affecting the relationship with China too much.
Forecast: “Sanders may be part of Trump’s cabinet, whether in official capacity or not”. From Democrat Sanders’s official website: “To the degree that Mr.Trump is serious about pursuing policies that improve the lives of working families in this country, I and other progressives are prepared to work with him. To the degree that he pursues racist, sexist, xenophobic and anti-environment policies, we will vigorously oppose him.”
Mr Trump’s advisers have suggested the Fed’s ultra-stimulative policies are unfair by penalising savers and have led to unequal implications for different segments of society. During the campaign Mr Trump was ferociously critical of Janet Yellen, the Fed chair, for her low-rates policies, but she is not expected to resign before her term expires in 2018
Geraci told Sputnik radio that the victory of Donald Trump leaves Obama’s “pivot to Asia” policy in question. It seems safe to describe the mass upswell of support for the unconventional Trump as a loud cry to change business as usual.