These Three Disputes Affect More Than Half of the World Economy

One reason for the recent jitters about the global economy is that several of the world's leading economic powers are locked in deepening trade disputes. In fact, add them all up and you'll find that three big spats alone involve countries that account for more than half of global economic output. Here's a closer look at who's arguing over what:


US vs China: The world's two largest economies are locked in an escalating trade war. The Trump administration wants China to ease American firms' access to the Chinese market and to scale back its plans to dominate the tech sector. Beijing is willing to talk about tariffs and market access but wont undo the core of its state-backed economic model. More than half a trillion dollars worth of goods are affected by current or planned tariffs: here's a look at where things stand right now.

US vs Europe: Washington has already put tariffs on European metals, to which Brussels responded with levies on US jeans, whiskey, and motorcycles (the mid-life crisis economy!) Trump has threatened debilitating tariffs on European automakers in a broader dispute over Europe's state backing for the aerospace and farming industries, and European misgivings about US digital privacy regulations.

South Korea vs Japan: A dispute over the legacy of Japan's 20th century occupation of Korea spilled into trade, with Tokyo imposing export restrictions that hurt Seoul's lucrative tech industry. There is little sign that this dispute will ease: just last week South Korea cut intelligence sharing with Tokyo.

Ferrera Erbognone, a small town in the northern Italian province of Pavia, is home to one of the most cutting-edge computing centers in the world: Eni's Green Data Center. All of the geophysical and seismic prospecting data Eni produces from all over the world ends up here. Now, the Green Data Center is welcoming a new supercomputing system: HPC5, an advanced version of the already powerful HPC4. Due to be completed by early 2020, HPC5 will triple the Green Data Center's computing power, from 18.6 to 52 petaflops, equivalent to 52 million billion mathematical operations per second.

Learn more at Eniday: Energy Is A Good Story

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The Democrats say that there is compelling evidence that Trump withheld badly needed military to aid to an ally at war to pressure that country's government to provide him with personal political benefit by helping him discredit a political rival.

The Republicans say that the evidence comes mainly from witnesses with little or no direct contact with the president, and that the military aid was delivered to Ukraine without the Ukrainian president taking the actions Trump is alleged to have demanded.

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The fight for the Nile: In recent days, the Trump administration has tried to mediate three-way talks between Egypt, Sudan, and Ethiopia on their long-running dispute to access the waters of the Nile. In short, a 1929 treaty gave Egypt and Sudan rights to nearly all Nile waters and the right to veto any attempt by upstream countries to claim a greater share. But in 2011, Ethiopia began work on the so-called Grand Renaissance Dam on the Blue Nile tributary from where 85 percent of the Nile's waters flow. The project, due for completion next year, will be Africa's largest hydroelectric power plant. Egypt, which draws 85 percent of its water from the Nile, has made threats that raised fears of military action. We're watching as this conflict finally comes to a head early next year.

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What were the reasons behind the rise of the Vox Party in the Spanish general election?

I think it was basically the question of Catalonia, the unity of the Spanish nations. And VOX played very hard on that particular issue and it was eating into the support of the other center-right forces there. So, it has now established itself fairly firmly on the Spanish political scene with the consequences that that will have.

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