Recession-Proof System Revealed!

This strategy is largely traded by hedge funds, but has been kept a secret from retail traders for decades. While hedge funds focus on helping the super-rich, it's our mission to help the rest. Now you can use their secrets to grow your own trading account!

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

Macron sets Ukraine as top priority as China's Xi Jinping pays a state visit to France

SYLVIE CORBET
May 06, 2024

PARIS (AP) -- French President Emmanuel Macron will seek to press China's Xi Jinping to use his influence to move Russia toward ending the war in Ukraine during a two-day state visit to France. Both leaders were also expected to discuss trade disputes over electric cars, cognac and cosmetics.

Macron's office said talks about diplomatic efforts to support Ukraine and put pressure on Russia are a top priority for France. Discussions will also include the Middle East, trade issues and global challenges including climate change. The European Commission president will join part of the meetings to raise broader EU concerns.

France is the first stop on a European trip by Xi aimed at rebuilding relations at a time of global tensions. After France on Monday and Tuesday, the Chinese leader will head to Serbia and Hungary.

France hopes discussions will help convince China to use its leverage with Moscow to ''contribute to a resolution of the conflict" in Ukraine, according to a French presidential official. Russian President Vladimir Putin recently announced plans to visit China this month.

Macron will press Xi over supplies by Chinese companies supporting the Russian war effort despite EU sanctions, he said. China claims neutrality in the Ukraine conflict.

France also wants China to maintain a dialogue with Kyiv, the official, who was not authorized to be publicly named according to presidential policy, added.

Last year, Macron had appealed to Xi to "bring Russia to its senses" -- but the call was not followed by any apparent change in Beijing's stance.

"French authorities are pursuing two objectives that are ultimately contradictory," Marc Julienne, director of the Center for Asian Studies at the French Institute of International Relations, wrote in a briefing note. "On the one hand, to convince Xi that it's in his interest to help Europeans to put pressure on Vladimir Putin to end the war and, on the other hand, to dissuade the Chinese president from delivering arms to his Russian friend.

"In short, we think that Xi can help us, but at the same time we fear that he could help Putin," Julienne wrote.

As France prepares to host the Summer Olympics, Macron said he would ask Xi to use his influence to make the Games "a diplomatic moment of peace" and respect the Olympic Truce.

Macron, a strong advocate of Europe's economic sovereignty, is expected to focus on trade too. He will raise French concerns about a Chinese antidumping investigation into cognac and other European brandy, and tensions over French cosmetics and other sectors.

In a recent speech, he denounced trade practices of both China and the U.S. as shoring up protections and subsidies.

He has coordinated with German Chancellor Olaf Scholz, who recently visited China and came to Paris last week for a private dinner with the French president.

German government spokesman Wolfgang Buechner said Friday that Scholz in China had "clearly said that the question of over-capacity and competition though subsidies needs to be addressed."

The EU launched an investigation last fall into Chinese subsidies and could impose tariffs on electric vehicles exported from China.

The discussions will also be closely watched from Washington, just one month before President Joe Biden is expected to pay his own state visit to France.

Xi's visit to Paris marks the 60th anniversary of France-China diplomatic relations, and follows Macron's trip to China in April 2023. Macron prompted controversy on that trip after he said France wouldn't blindly follow the U.S. in getting involved in crises that are not of its concern, an apparent reference to China's demands for unification with Taiwan.

Several groups including International Campaign for Tibet and France's Human Rights League urged Macron to put human rights issues at the heart of his talks with Xi. Protesters demonstrated in Paris as Xi arrived Sunday, calling for a free Tibet.

Amnesty International called on Macron to demand the release of Uyghur economics professor Ilham Tohti, who was jailed for life in 2014 on charges of promoting separatism, and other imprisoned activists.

Macron said in an interview published Sunday that he will raise human rights concerns.

On Monday in Paris, Xi will first join a meeting with Macron and European Commission President Ursula von der Leyen.

A formal ceremony will then take place at the Invalides monument, before bilateral talks at the Elysee presidential palace. Macron and Xi will conclude a nearby French-Chinese economic forum and then join their wives for a state dinner.

The second day of the visit is meant to be a more personal moment.

Macron has invited Xi to visit Tuesday the Tourmalet Pass in the Pyrenees mountains, where the French leader spent time as a child to see his grandmother. The trip is meant to be a reciprocal gesture after Xi took Macron last year to the residence of the governor of Guangdong province, where his father once lived.

___

Associated Press writers Angela Charlton in Paris and Stephen Graham in Berlin contributed to the story.

Continue Reading...

Popular

AbbVie Is 'Successfully Positioned To Absorb Humira Biosimilar Erosion': Analyst

Cantor Fitzgerald initiates coverage on AbbVie with an Overweight rating and a $200 price target. AbbVie is set to manage Humira biosimilar erosion, drive growth with Skyrizi, Rinvoq, and emraclidine, and achieve a high single-digit CAGR from 2024 to 2029.

Crypto Millionaires Names His Favorite AI Coin - Ad

According to Bitcoin pioneer and crypto millionaire Charlie Shrem, a tiny $11 project could be the biggest winner of not just the next year, but the next decade. It combines AI and crypto, in one investment.

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...

Marjorie Taylor Greene Accused Of Racist Behavior By Jasmine Crockett Over 'Fake Eyelashes' Comment

Crockett accuses Greene of racism over fake eyelashes taunt during a hearing. Crockett says Greene has not attacked other colleagues' appearances.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

REE Automotive: Electrifying The Truck Stop? Analyst Bullish On EV Platform

Analyst initiates Buy rating for REE Automotive with $14 price target. Expects growth catalyst in FY24, revenue ramp in FY25, positive margins in FY26.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

READ THIS If You Missed Out on the AI Boom - Ad

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

US prisoners are being assigned dangerous jobs. But what happens if they are hurt or killed?

PHOENIX (AP) — Blas Sanchez was nearing the end of a 20-year stretch in an Arizona prison when he was leased out to work at Hickman’s Family Farms, which sells eggs that end up in the supply chains of huge companies like McDonald’s, Target and Albertsons. While assigned to a machine that churns chicken droppings into compost, his right leg got pulled into a chute with a large spiraling augur.

Breakthrough For Tesla In China? Shanghai Reportedly Greenlights 'Ordinary' Data Flow Overseas For Intelligent Vehicles

Tesla is also making plans for a data center in China to train its full self-driving (FSD) driver assistance software on fleet data from the country, Reuters reported.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened

Warren Buffett suggests that federal taxes will likely increase given the country's precarious fiscal position, and he expressed Berkshire's willingness to cover the tax bill it faces.

Instacart partners with Uber Eats to offer restaurant deliveries

Grocery delivery company is partnering with Uber Eats to offer a new perk to its customers: .

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

In Cannes, Francis Ford Coppola talks Trump, self-financing 'Megalopolis' and why he has no regrets

CANNES, France (AP) — Much attention has been paid to the $120 million of his own fortune that put up to make but the director himself isn't much concerned.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Jim Cramer Advises Investors To Stick With Good Companies Despite Short-Term Losses: 'You Just Need To Figure Out Which Companies Deserve Your Confidence'

Cramer, a prominent figure in the finance world, suggested that investors should not emulate the trading habits of large hedge funds. Instead, he recommended a long-term investment strategy, emphasizing the need to anticipate and endure market declines.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Katy Perry and Rihanna didn't attend the Met Gala. But AI-generated images still fooled fans

NEW YORK (AP) — No, and didn't attend the this year. But that didn't stop AI-generated images from tricking some fans into thinking the stars made appearances on the steps of fashion's biggest night.

Bitcoin 'Could Still Have A Correction Down,' Cautions Lark Davis: 'Let's Not Get Ahead Of Ourselves'

In his latest podcast update, cryptocurrency trader Lark Davis previewed what could lay ahead for Bitcoin (CRYPTO: BTC) and different altcoins

PASSIVE INCOME (by this evening) - Ad

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of to revive the ailing property market.

Google Seeks To Repeat Chromebook Success In Education By Rolling Out 'Gemini' AI For Schools, Promises Enhanced Data Privacy

Google is set to introduce its Gemini AI to schools with enhanced data privacy protections, ensuring that educational data is not used for AI training or shared with third parties.

How to Profit From the New Boom in Gold - Ad

Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5.

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

Theft of more than 400 vehicles in Michigan leads to the arrest of 6 men

LANSING, Mich. (AP) — Six men working as part of a criminal organization in Michigan have been arrested in connection with the theft of more than 400 vehicles worth about $8 million, authorities said Thursday.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Federal Judge Indefinitely Postpones Donald Trump's Classified Documents Trial

The trial of ex-President Donald Trump for retaining classified documents has been postponed indefinitely by a federal judge.

Stock Market Rally For 2024 Has Peaked, Goldman Sachs Forecasts 'Flat Return From Now Till The End Of The Year'

The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm's chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder of the year.

Breaking News: Elon Musk Invents New Type of A.I. - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

NORWALK, Conn. (AP) — A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut has been demolished.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service