Tag: decision

China Overtakes U.S. as Foremost International-Investment decision Location



a couple of people that are standing in front of a pier


© /Linked Press


China overtook the U.S. as the world’s top location for new foreign direct financial investment last calendar year, as the Covid-19 pandemic amplifies an eastward shift in the heart of gravity of the world wide economic system.

New investments by overseas enterprises into the U.S., which for a long time held the No. 1 spot, fell 49% in 2020, according to U.N. figures introduced Sunday, as the state struggled to curb the distribute of the new coronavirus and financial output slumped.

China, long ranked No. 2, observed direct investments by international organizations climb 4%, the United Nations Conference on Trade and Growth claimed. Beijing utilised rigorous lockdowns to mostly consist of Covid-19 immediately after the disease 1st emerged in a central Chinese city, and China’s gross domestic products grew even as most other main economies contracted last 12 months.

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The 2020 investment figures underline China’s move

Canada must retaliate in excess of Biden’s unwell-deemed Keystone decision

Canada unquestionably has to retaliate for the outrageous and cavalier cancellation of the Keystone XL pipeline. The millions of Canadians who celebrated previous U.S. president Donald Trump’s departure from the White Home may start to question if the new period is really as paradisiacal as they experienced envisioned. President Joe Biden promised to ”rebuild our alliances,” still with no discover provided to America’s closest, oldest and the very least abrasive ally, with whose chief he is individually welcoming, he revoked the present arrangements and withdrew the allow to assemble the pipeline, throwing 11,000 of his countrymen, and quite possibly as lots of as 40,000 Canadians, out of do the job.



a man wearing a suit and tie: President Joe Biden prepares to sign a pile of executive orders on his first day in office, one of which authorizes the cancellation of the Keystone XL pipeline.


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President Joe Biden prepares to indicator a pile of government orders on his very first day in office, one particular of which authorizes the cancellation of the Keystone XL pipeline.

Other executive orders that Biden

Canada ought to retaliate over Biden’s sick-thought of Keystone decision

Canada certainly has to retaliate for the outrageous and cavalier cancellation of the Keystone XL pipeline. The tens of millions of Canadians who celebrated previous U.S. president Donald Trump’s departure from the White Home could start off to marvel if the new period is really as paradisiacal as they had expected. President Joe Biden promised to ”rebuild our alliances,” still with no detect specified to America’s closest, oldest and the very least abrasive ally, with whose leader he is individually welcoming, he revoked the current preparations and withdrew the permit to construct the pipeline, throwing 11,000 of his countrymen, and possibly as a lot of as 40,000 Canadians, out of perform.



a man wearing a suit and tie: President Joe Biden prepares to sign a pile of executive orders on his first day in office, one of which authorizes the cancellation of the Keystone XL pipeline.


© Delivered by National Write-up
President Joe Biden prepares to sign a pile of government orders on his first working day in workplace, one particular of which authorizes the cancellation of the Keystone XL pipeline.

Other executive orders that

‘Devestating decision’: Locals respond to Canada’s cruise ban

Canada is banning all cruise vessels in Canadian waters until eventually Feb. 28, 2022. The conclusion, which was announced Thursday, is envisioned to have a profound effects on Alaska’s 2021 cruise time.

In the U.S., federal law prohibits foreign-flagged cruise ships from letting travellers to board at just one U.S. port and debark at yet another U.S. port. That signifies the ban proficiently cancels the 2021 Alaska cruise time for the biggest cruise lines.

Transportation Minister Omar Alghabra declared Thursday cruise vessels carrying 100 or more individuals will continue to be prohibited from operating in Canadian waters. Alghabra stated they pose a possibility to health treatment systems.

Vessels carrying additional than 12 people are will also keep prohibited from coming into Arctic coastal waters.

The short-term measures ended up scheduled to close on Feb. 28, 2021. All those who do not comply are matter to fines.

Unwelcome news in Juneau

In wake of decision to destroy Keystone XL, Biden’s to start with foreign-leader simply call? Trudeau

If Joe Biden’s selection to eliminate off Keystone XL is intended to seem the dying knell for Canada-US relations, you wouldn’t know it from the recently minted president’s get in touch with sheet.

The 46th president’s 1st mobile phone simply call with a overseas leader arrives today and Primary Minister Justin Trudeau will be on the other conclusion of the line.

“I assume they will certainly go over the critical romance with Canada, as properly as his choice on the Keystone pipeline we announced before nowadays,” White Property press secretary Jen Psaki reported Wednesday.

“His early calls will be with partners and allies he feels it’s critical to rebuild these relationships and to tackle the challenges and threats we’re struggling with in the world.”

Deep in the stack of leather-based-certain govt orders Biden signed on his very first day in the White Home was one particular to rescind former president

In wake of decision to kill Keystone XL, Biden’s first foreign-leader call? Trudeau

WASHINGTON — If Joe Biden’s decision to kill off Keystone XL is supposed to sound the death knell for Canada-U.S. relations, you wouldn’t know it from the newly minted president’s call sheet.



a person wearing a suit and tie


© Provided by The Canadian Press


The 46th president’s first phone call with a foreign leader comes today and Prime Minister Justin Trudeau will be on the other end of the line.

“I expect they will certainly discuss the important relationship with Canada, as well as his decision on the Keystone pipeline we announced earlier today,” White House press secretary Jen Psaki said Wednesday.

“His early calls will be with partners and allies; he feels it’s important to rebuild those relationships and to address the challenges and threats we’re facing in the world.”

Deep in the stack of leather-bound executive orders Biden signed on his first day in the White House was one to rescind former president Donald

Biden to hold first foreign chief call of his presidency with Trudeau in wake of Keystone XL final decision

Key Minister Justin Trudeau meets with then-U.S. Vice-President Joe Biden, on Parliament Hill, in Ottawa, on Dec. 9, 2016.

PATRICK DOYLE/The Canadian Press

If Joe Biden’s choice to eliminate off Keystone XL is meant to sound the death knell for Canada-U.S. relations, you wouldn’t know it from the newly minted president’s simply call sheet.

The 46th president’s initial cellular phone connect with with a international leader arrives today and Key Minister Justin Trudeau will be on the other close of the line.

“I count on they will definitely talk about the essential romantic relationship with Canada, as nicely as his choice on the Keystone pipeline we declared before right now,” White Dwelling push secretary Jen Psaki stated Wednesday.

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“His early phone calls will be with associates and allies he feels it’s crucial to rebuild people associations and to deal with the problems and threats we’re

In wake of decision to destroy Keystone XL, Biden’s 1st international-leader connect with? Trudeau

WASHINGTON – If Joe Biden’s final decision to get rid of off Keystone XL is meant to seem the dying knell for Canada-U.S. relations, you would not know it from the recently minted president’s simply call sheet.

The 46th president’s initially cell phone phone with a international leader arrives now and Primary Minister Justin Trudeau will be on the other close of the line.

“I expect they will definitely explore the crucial relationship with Canada, as properly as his choice on the Keystone pipeline we announced before right now,” White Household push secretary Jen Psaki reported Wednesday.

“His early phone calls will be with companions and allies he feels it’s important to rebuild those relationships and to tackle the challenges and threats we’re dealing with in the planet.”

Deep in the stack of leather-certain government orders Biden signed on his to start with working day in the White House was

Canada really should retaliate towards Biden’s improper-headed decision to terminate Keystone. This is how

Well, that was fast. On day a person, the new U.S. president, Joe Biden, is reportedly ready to intestine-punch his northern neighbour by cancelling a presidential permit for the design of Keystone XL.



Joe Biden wearing a suit and tie: On Day One, the new U.S. President, Joe Biden, is willing to sucker punch America's northern neighbour.


© Offered by Economical Post
On Working day A single, the new U.S. President, Joe Biden, is prepared to sucker punch America’s northern neighbour.

It is an insult. Whole end. Mineral fuels are Canada’s greatest export to the U.S. — at above US$89 billion in 2019 — two-thirds far more crucial than auto autos and parts. Just about 3,000 direct work opportunities and a different 14,000 indirect careers will be lost in Canada with the cancellation of Keystone XL. Simply because of lowered pipeline potential, Canadian significant oil will normally promote at a price cut, ensuing in billions of pounds in shed GDP and federal and provincial tax revenues.

It will be a no-win determination for the

View: EU’s in the spotlight, but Canada’s investment decision treaty with China still ties Ottawa’s arms for the upcoming ten years

Lawrence Herman, a former Canadian diplomat, is counsel at Herman & Associates and senior fellow of the C.D. Howe Institute in Toronto.

There is concern in Washington – even consternation – more than December’s summary of the European Union-China investment decision treaty, with some commentators expressing it was engineered by China to produce a political wedge involving the United States and its European allies, coming at a sensitive juncture that can only embarrass the incoming Biden administration.

Irrespective of whether this is the situation stays to be viewed. But the simple fact is that a rough place on China has powerful bipartisan help in Washington. International initiatives noticed to be cozying up to China would be appeared upon negatively by the White Household – at the incredibly the very least, complicating lifetime for the new president and his crew.

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Erroneously explained as a trade agreement, the