Australian PM urges global leaders to reject protectionism, embrace free trade

19 Novembre, 2018, 18:12 | Auteur: Auguste Feret
  • Prime Minister Scott Morrison has warned APEC leaders against burdening small nations with debt

Australian Prime Minister Scott Morrison followed by mounting a full-throated defence of free trade. Reform of the WTO is a topic that is likely to sow division at the summit.

Morrison meanwhile offered a preview of US-Vice President Mike Pence's speech, which is expected to flesh out a trilateral effort involving Washington, Australia and Japan to help finance infrastructure building in the Asia-Pacific.

In a curtain raiser speech ahead of addresses by the leaders of the United States and China, both embroiled in a bitter trade war, Morrison told a high-powered business forum on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit that "tit-for-tat protectionism and threats of trade wars are in no one's interest".

His comments come against the backdrop of a growing trade war between China and the United States, and attempts by Beijing to cement new influence throughout the South Pacific and Indian Oceans.

"There was broad agreement on how we need to support our citizens and work forward towards better co-operation", Trudeau said at his closing press conference.

The U.S. has openly blocked the appointments of new judges to the WTO's dispute settlement mechanism, known as the appellate body - a tactic that threatens to paralyze the organization and prevent it from making decisions.

There are no plans at the moment for Prime Minister Justin Trudeau to have a one-on-one meeting with Xi, though he could bump into his Chinese counterpart in the hallways of the busy summit. That left the group of 21 nations in disarray, unable to agree on even a routine joint statement like those that had closed every other Asia Pacific Economic Cooperation summit since 1989.

Editor's Take | RBI’s crucial board meeting: Will the rift end?
The PCA has imposed lending and other restrictions on these weaker lenders, hitting the MSMEs and NBFCs hard. Reports claim the government wants the central bank to part with a third of its reserves.

Deepika Padukone-Ranveer Singh's Griha Pravesh: This Is How Bhavnanis Welcomed Mastani
The other two wedding receptions will be held in Mumbai on November 28, 2018, and December 1, 2018, respectively. Ranveer's family welcomed Deepika with an aarti and played a few customary games, too.

Caravan migrants reach USA border Photogallery
Most of the migrants belong to El Salvador, Guatemala and Honduras, where they are suffering from poverty, violence and gang war. The city has however set up a shelter for the migrants in a sports complex, where more than 2,000 of them spent Thursday night.

China and the United States have been locked in an escalating trade war since Trump won election in 2016.

"We are witnessing a rising tide of trade protectionism along with financial volatility in some emerging economies", Morrison said.

Vietnam this week became the seventh of the 11 countries to ratify the CPTPP through its national legislature.

Observers say there is now debate among signatories about whether China should be part of the deal, or the United States should be let back in after President Donald Trump pulled out of the pact.

Having either the USA or China in the deal would help small- and medium-sized economies counteract the influence of either country, said Sen.

In his meeting with Morrison, Trudeau said Canada and Australia have been "aligned over these past couple of days on big issues of trade and the rules-based order", but noted that "conversations are going on to the last minute". He also said the Liberals would fulfil the government's obligations under the agreement when asked about opening up more of Canada's protected dairy sector.

"It is not created to serve any hidden geopolitical agenda", President Xi said.



Alexander Zverev charms crowd after beating Novak Djokovic
Zverev stopped mid-rally during a second-set tie-break when a ball boy in his eyeline dropped a ball with Federer leading 4-3. But, you know, at the end of the day, I said sorry to Roger at the net. "I hope I'll be able to do that tomorrow".

Michel Polnareff fait une grande surprise à ses fans !
Cet album c'est un évènement, il s'agira du premier album studio de Michel Polnareff depuis Kâmâ Sutrâ , sorti il y a 28 ans. Enfin , le nouvel album de Michel Polnareff sera disponible le 30 novembre .

Peanut allergy could be beaten by building up tolerance, study finds
The PALISADE study was funded by Aimmune Therapeutics, manufacturers of the peanut protein used during the trial. Her allergy was very severe so even a small amount of peanut could lead to a very serious reaction.

Décès de William Goldman, scénariste des Hommes du président
Il a même écrit un livre, " Adventures in the Screen Trade ", dans lequel il peint un tableau au vitriol de l'industrie du cinéma .

Argentine sub found partially ‘imploded’ after yearlong search
Ocean Infinity used five autonomous underwater vehicles to carry out the search, according to a statement from the company. The disappearance gripped the nation's attention as the government struggled to provide information about the tragedy.

Nissan demande le départ de Carlos Ghosn
A 16,6 milliards d'euros, la capitalisation boursière du groupe est désormais inférieure celle de son concurrent Peugeot-Citroën. Selon la chaîne de télévision NHK, une perquisition avait lieu au siège de Nissan.

CAN 2019: Algérie, Côte d’Ivoire, Guinée et Mauritanie qualifiées
Du côté de Nouakchott, le héros se nomme Ismaël Diakité: l'attaquant de l'US Tataouine, en D1 tunisienne, a signé un doublé et renversé des Zèbres déjà éliminés.

La RPDC annonce l'expulsion prochaine d'un citoyen américain
Une courte dépêche de KCNA annonce que la Corée du Nord a décidé de l'expulser, mais ne précise pas pourquoi ni quand. Il n'y a pas Américain connu des détenus toujours détenus par l'état rigide à l'heure actuelle.

Georgia Gov.-elect Brian Kemp calls for unity
She also brought up what she said were "dramatic discrepancies" in the ballots, and called it "deliberate and intentional". What nefarious actions explicitly? During her concession speech , she detailed a litany of voter issues.

Strictly Come Dancing 2018 results! Who left? Another celebrity OUT at Blackpool
Craig Revel Horwood chose to save Graeme and Oti: "For technique and performance I'd like to save Graeme and Oti". Head Judge Shirley Ballas said she agreed with her fellow judges and would have saved Graeme and Oti.