Russia has always had ‘great respect’ for the US, Putin says

Russia has always had ‘great respect’ for the US, Putin says


Russian President Vladimir Putin said that his country has always had “great respect” for the U.S. and hopes it will not be accused of meddling in the 2020 U.S. election.Speaking to an audience at the Russia Calling investment forum in Moscow on Wednesday, Putin said he believed Russia had “many common interests with the United States.”To get more news about latest news russian economy, you can visit shine news official website.

“The U.S. is a great power, and we have always treated them with great respect, were twice allies in the two world wars, this is our common history,” he said, according to a translation.

Relations between Putin and President Donald Trump have been cordial despite a raft of U.S. sanctions imposed on Russia following its 2014 annexation of Crimea from Ukraine, its role in a pro-Russian uprising in eastern Ukraine and its meddling in the 2016 U.S. election.

There have been signs of sanction fatigue in Europe but Trump has been under pressure from U.S. lawmakers not to ease pressure on Russia, however. Russia’s neighbor Ukraine is currently under the spotlight following a phone call between Trump and its new President Volodymyr Zelensky that prompted an impeachment inquiry into the U.S. president, who is accused of trying to pressure Ukraine into investigating his political rival Joe Biden. Trump denies the accusation.

Putin said he hoped Russia would not be accused of meddling again as the focus has shifted on Ukraine. “Hopefully no one accuses us of election interference in the United States. Now they’re accusing Ukraine. We’ll let them deal with that themselves,” he said.

“But these factors of internal politics and the internal political struggle in the United States has a negative impact on Russian-American relations. I hope this will come to an end in the future – we are ready,” he said.

U.S. sanctions that were first imposed on Russia in 2014 made the country “anxious” at first, Putin told the audience of investors in Moscow, but he insisted they had in fact spurred the economy to be more self-reliant.”We all have made a very serious and great step to increase our economic and technical sovereignty. In this sense, of all these limitations and sanctions were useful for our economy,” he said.

Putin added that sanctions had led to billions of dollars of trade losses for Europe and less for Russia. He also said that the U.S. had “shot themselves in the leg” by limiting U.S.-Russian trade.

The sanctions from 2014 onwards affected certain Russian sectors, including the financial industry, entities and individuals. The sanctions lists have increased each year and global risk management firm The Risk Advisory Group noted in September that the list now consists of more than 500 companies and 300 individuals.

But Russia has now largely weathered the restrictions after a period of capital flight and a financial crisis a few years ago. Russian equities are among some of the world’s top performers this year amid relatively low valuations and a strengthening currency.

Net returns on the MSCI Russia index were up more than 40% year-to-date as compared to the overall MSCI Emerging Market Index, which was up 10.35% in the same period, data from the MSCI at the end of October showed.

Russia’s central bank has tamed high inflation in the last few years with a policy of high interest rates (the interest rate was 17% in December 2014) but has since gradually lowered rates as inflation has fallen.

In October, the central bank again cut its main interest rate by a surprising 50 basis points to 6.5% and signaled that it could cut the rate again in the coming months. In its October statement, Russia’s central bank said that “the Russian economy’s growth rate still remains subdued” and it maintained its 2019 GDP growth forecast in the range of 0.8-1.3%.

Ip Man 4 Is Being Boycotted By Hong Kong Protestors

Ip Man 4 Is Being Boycotted By Hong Kong Protestors


The final installment of the Ip Man franchise, Ip Man 4: The Finale, may be breaking box office records across China and Taiwan, but when it comes to Hong Kong, the final chapter of the successful franchise is falling short, thanks to protesters boycotting the film because of its stars and producer’s pro-Beijing stance.To get more news about donnie yen ip man, you can visit shine news official website.

According to The Hollywood Reporter, the Ip Man 4 boycott was organized by users of a Reddit-like forum, LIHKG. The site has been one of the sites utilized by Hong Kong’s pro-democracy movement since the movement began back in June. The protesters are themselves not seeing Ip Man but are also actively encouraging others to not see it as well by posting spoilers for the film’s plot on social media and elsewhere.
As for why the film is being boycotted, that is connected to the politics of the film’s stars Donnie Yen and Danny Chan as well as producer Raymond Wong. Wong specifically has been very open about his pro-China leanings while Yen appeared alongside Chinese leader Xi Jinping at a 2017 celebration of the 20th anniversary of the Hong Kong handover and earlier this year also issued a statement about “the determination of the motherland” earlier this year. Chan has also been very supportive of the Hong Kong police, noting on social media that the police shouldn’t go easy on protesters.

Ip Man chronicles the life and exploits of Ip Man (or “Yip Man”), a real life martial artist who was a legendary teacher of the Chinese martial arts form known as Wing Chun. He mentored many world famous martial artists, including Bruce Lee, who will once again be featured in this film, played by Ip Man 3 star Danny Chan (who also played Lee in the Legend of Bruce Lee TV series. The Ip Man 4 plot brings Ip Man to America and you can check out the synopsis for the film below.

Ip Man’s life remains unchanged after his wife’s death, but he and his son are slowly drifting apart. To seek a better future for his son, Ip Man decides to travel to the U.S. only to find the stable, peaceful life abroad is only skin deep. Underneath lies a deep rooted racial discrimination that is far worse than he has expected. Ip Man re-examines his position and ponders on the reason he took up martial arts in the beginning.

‘Ip Man 4: The Finale: Film Review

‘Ip Man 4: The Finale: Film Review


The legendary Hong Kong martial arts master Ip Man is kind of like Journey to the West: Both are the source material for books, manhua, TV series and films that keep on giving. Like Journey, Ip Man and his work have been immortalized in media time and again. There’s Herman Yau’s two-parter, The Legend Is Born: Ip Man; the Anthony Wong-led Ip Man: The Final Fight; and the loosely connected de facto spinoff of director Wilson Yip’s series starring Zhang Jin, Master Z: The Yip Man Legacy. Tony Leung played him in Wong Kar Wai’s The Grandmaster, and there are at least two Chinese TV series based on his life.To get more news about hip man, you can visit shine news official website.

Regardless of his reported wish to be done with the role following Ip Man 3 in 2015, actor-producer Donnie Yen returns for one last crunching kick at the can in Yip’s Ip Man 4: The Finale. While not as strong, or nuanced, an entry as any of the three that preceded it, Yen once again proves at 56 to be something of an ageless wonder. Though he’s clearly tempering the number of demanding set pieces squeezed into each of his films and sharing the workload with others, Yen is still the star attraction if his name is above the title. Slated for a Christmas Day release stateside, The Finale will win over action fans with Star Wars fatigue (you can actually see what’s going on here), and Yen’s fanbase in all markets is sure to respond. The film will have a healthy life in targeted release beyond Asia.

The Finale picks up in 1964 with Wing Chun grandmaster Ip Man (Yen) going about his business in Hong Kong, doing his best to raise his surly son Jing on his own. Being a teen, Jing tends to get into fights at school and has no interest in studying. An invitation to visit former student Bruce Lee (Chan Kwok-kwan, doing a pretty good Lee) at a tournament in San Francisco provides an opportunity for Ip, who has been diagnosed with cancer, to find Jing a good school and set him up for the coming years.
In California, Ip meets with the Chinese Benevolent Association and its tai chi master Wan Zhong Hua (Wu Yue). In mid-’60s America, a Chinese student wasn’t getting into a good school without a tuition guarantor, and so Ip is compelled to seek a letter of recommendation from the CBA. Naturally, Wan and the other old-school masters are miffed that Ip’s former apprentice Lee is taking martial arts beyond the confines of the Chinese community – he wrote a manual in English! They demand he set the fiery young man right before any letter is written, but Ip declines.

The conflict between the CBA and Ip and Lee’s more forward thinking underpins the rest of the story, which this go around touches on all sorts of thorny – and ongoing – issues, among them isolationism versus integration, racism, privilege and power. As facile and on the nose as some of the dialogue may be (at one point, a particularly incensed suburban housewife demands her husband “have those filthy Chinese deported!”), it’s not historically untrue; better actors might have helped.

When Ip witnesses Wan’s daughter Yonah (Vanda Margraf) fall victim to bullying based on race (by an angry blonde cheerleading rival called Becky, of course), Lee getting into a street dust-up with a gang of white guys with something to prove – “Happens all the time,” he shrugs – and Wan getting harassed by immigration (once again, Becky), he finds himself rethinking what might be best for his son. Yonah helps there too, as she and Wan butt heads much like Ip and Jing do.

Chinese martial arts film Ip Man 4

Chinese martial arts film Ip Man 4
Ip Man 4: The Finale, the latest installment in the Chinese martial arts film franchise Ip Man, has grossed more than 730,000 U.S. dollars in its opening weekend in North America with a five-day total of 1.46 million dollars through Sunday.To get more news about yip man, you can visit shine news official website.
Ip Man 4: The Finale was released by Well Go USA Entertainment in Chinese and English with English and Chinese subtitles in select North American cities including Sacramento, New York and San Francisco.
According to studio figures released on Monday by U.S. analytics firm Comscore, the biographical martial arts film earned 737,718 dollars from 70 locations with a strong per-theater average of 10,539 dollars, ranking 16th among 73 films on the North American weekend box office chart. It landed in second on Comscore Specialized Top 10 Weekend Box Office Actuals Chart for films released in fewer than 1,000 locations.
Directed by Wilson Yip, the new film sees Donnie Yen reprising the title role as the legendary Wing Chun kung fu master. In the film, following the death of his wife, Ip Man travels to the United States in order to ease the tensions between the local kung fu masters and his star student, Bruce Lee, and gets involved in a dispute between local armed forces and a Chinese martial arts school in San Francisco’s Chinatown.
The U.S. review aggregator Rotten Tomatoes gives Ip Man 4: The Finale a score of 90 percent based on 21 critics’ reviews and 1,521 Internet Movie Database (IMDb) users have given a weighted average vote of 7.6 out of 10 for the film to date.

Does The China Trade Deal Move The World Away From Free Trade?

Does The China Trade Deal Move The World Away From Free Trade?

The “Phase 1″ trade deal with China that President Trump signed this week is unlike any previous free trade agreement. From Trump’s point of view, that’s the whole point.To get more us china trade deal news, you can visit shine news official website.

“We are righting the wrongs of the past,” Trump said Wednesday during a White House signing ceremony, “and delivering a future of economic justice and security for American workers, farmers and families.”But by requiring China to buy specific amounts of goods from the U.S., the deal is raising concerns that it moves away from a free-market arrangement to a more managed style of trade.

Like earlier agreements, the 96-page deal does call for lowering some trade barriers in China. It opens a door for U.S. financial services, for example, and clears the way for China to buy more American beef, dairy products, and pet food.But the agreement leaves many other trade barriers in place, including stiff tariffs on two-thirds of everything the U.S. buys from China. According to Oxford Economics, the average tariff on Chinese imports is now 19.3% – up from just 3% before the trade war began.

“It’s kind of a hidden tax,” said Angela Carr, whose Turbie Twist company imports popular hair towels from China. “Sometimes people, because it’s called a tariff, I think are led to believe that perhaps China is paying for this, when in fact the cost is going to be carried by either the consumers, the retailers or the small businesses or all three.”

The deal also aims to narrow the U.S. trade deficit with China by requiring that Beijing boost its purchases of U.S. goods and services by more than 50% over the next two years.What’s to me very important, number one, they’re going to be spending much more than $200 billion,” Trump said. The agreement sets specific targets for China to purchase a long list of farm goods, manufactured products, energy and services.

“The only way for China to reach its commitments is to resort to Soviet-style managed trade,” wrote Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics, in a blog post.

Hufbauer called the purchase requirements a “worrisome and radical change,” after decades in which both Republican and Democratic administrations called on China to act more like a market economy, allowing competition to drive purchasing decisions.”It is a big reversal of how the U.S. has tried to do business for the last 40 or 50 years,” Hufbauer said in an interview.

China sharply reduced its purchases of American farm goods during the trade war. The Phase 1 deal seeks to more than make up for that, boosting agricultural sales by $32 billion over the next two years, compared to 2017 levels.Farmers enjoyed their best sales ever to China in 2012. But Darci Vetter, who was the chief agricultural trade negotiator for the U.S. during the Obama administration, said she never tried to set a numerical target.

“What U.S. farmers and ranchers told me they wanted was really the opportunity to form long-term relationships with partners in China and to do so on a market basis,” Vetter said. “Trade is relationships. And we’re not looking for selling a lot of products to China for the next two years. We’re looking for a relationship that will endure.”

Some observers are skeptical that China will actually buy as much from the U.S. as the agreement calls for. At the White House signing ceremony, Vice Premier Liu He said his country’s purchases would increase naturally as a result of economic growth.

“As the living standard of the Chinese people rises, we will import fine-quality agricultural products from countries across the world,” Liu said through an interpreter. He stressed that imports would be “based on the market demand in China.”

If market demand is soft, China might have to scale back purchases from other countries in order to meet its pledge to buy more from the United States.”Those countries will be very unhappy,” Hufbauer said, “that China is essentially diverting its purchases which were based somewhat on market principles, to prefer U.S. exports.”

TRUMP’S TEST US vs Iran tensions explained – from missile attacks to sanctions

TRUMP’S TEST US vs Iran tensions explained – from missile attacks to sanctions


Tensions between the US and Iran have been steadily developing since the late seventies, but the death of General Qasem Soleimani has potentially pushed the countries to the brink of war.To get more news about tension between iran and us, you can visit shine news official website.

In 1979, Iran’s US-backed Shah was overthrown and the country became an Islamic republic.That year dozens of Americans were taken hostage inside the US embassy in Tehran, the country’s capital, during the fallout from the revolution.

Since then, the relationship between the two nations has been strained.Iran announced that it would be stepping out of the 2015 nuclear deal with world powers.

Donald Trump pulled the US out of the deal in July 2018, labelling it as “horrible” and “one-sided” which left them to be “held hostage to nuclear blackmail”.General Qasem Soleimani was killed at Baghdad airport by a US air strike, personally approved by Donald Trump.Two missiles fired from a MQ9 Reaper drone struck Soleimani after he disembarked from an aircraft at Baghdad airport.

The Pentagon justified the assassination, saying General Soleimani was “actively developing plans to attack American diplomats and service members in Iraq and throughout the region”.

The drone strike came days after protesters attacked the US embassy in Baghdad, clashing with US forces at the scene.The Pentagon said Soleimani approved the attacks on the embassy.

Minutes before the statement President Trump tweeted a US flag without comment followed by more tweets including one that read: “Iran has never won a war, but never lost a negotiation!”

The Latest: Iran says it doesn’t want war, but will respond

The Latest: Iran says it doesn’t want war, but will respond


The latest on U.S.-Iran tensions after the U.S. airstrike that killed Iran’s top general (all times local):Iran is informing the United Nations that it took “a measured and proportionate military response” to the U.S. airstrike that killed its top military commander and “does not seek escalation or war.”To get more latest news on iran and us tensions, you can visit shine news official website.

But Iran’s U.N. Ambassador Majid Takht Ravanchi warned that Tehran would “vigorously” respond to “any further military adventurism against it” and “any aggression.”Ravanchi said in a letter late Wednesday to the U.N. Security Council and to Secretary-General Antonio Guterres that in the early morning hours of Jan. 8, Iran “targeted an American air base in Iraq from which the cowardly armed attack against martyr (Qassem) Soleimani was launched.”

He said Iran was exercising its right to self-defense under Article 51 of the U.N. Charter.”The operation was precise and targeted military objectives thus leaving no collateral damage to civilians assets in the area,” Ravanchi said.

Gen. Mark Milley, chairman of the Joint Chiefs of Staff, says he believes Iran’s missile strikes on two Iraqi bases were intended to kill Americans.Milley and Defense Secretary Mark Esper told reporters that 11 ballistic missiles that landed at al-Asad air base in western Iraq inflicted moderate damage, such as destroying or damaging tents and a helicopter, but no Americans were killed or injured.

“I believe based on what I saw and what I know is that they were intended to cause structural damage, destroy vehicles and equipment and aircraft and to kill personnel,” Milley said.

Milley said the fact that no one was killed was due to the defensive procedures and the effectiveness of U.S. early warning system.A handful of major shippers operating in the Persian Gulf are curtailing operations there.

Several oil tankers operated by major players have diverted away from the Persian Gulf or delayed loading by several days. That’s according to Reid I’Anson, global energy economist at Kpler, a data intelligence company.

I’Anson said a tanker chartered by Brazilian oil giant Petrobras was supposed to load up with oil in Basra on Jan. 5, but instead it left the Persian Gulf empty. He said another tanker operated by a major oil shipper has been idling in the Arabian Sea for about a week.

I’Anson says the disruptions are minor right now. But he said “that’s a lot of money to be out in the sea with no oil going nowhere.”

In 2018, some 21 million barrels per day passed through the Strait, a narrow waterway which connects the Persian Gulf with the Gulf of Oman, according to the U.S. Energy Information Administration. One-fifth of the oil consumed by the world passes through the narrow waterway, which Iranian officials threatened to close in April in response to U.S. sanctions.

China Rapid Finance Announces Strategic Partnership with Chengdu Qiye Technology

China Rapid Finance Announces Strategic Partnership with Chengdu Qiye Technology


China Rapid Finance Limited (NYSE: XRF) (“XRF” or the “Company”) today announced the signing of Letters of Intent (the “LOIs”) with Chengdu Qiye Technology Co., Ltd., (“Qiye”) outlining how the Companies will partner to offer services for institutionally-funded lending to small and medium sized businesses (“SMB”). This new partnership marks another important milestone in the Company’s business transformation since withdrawing from the P2P lending business.To get more china trade finance news, you can visit shine news official website.

Under the planned partnership, XRF will provide technology development and risk management services to Qiye through an operating subsidiary under its Cayman Company. The subsidiary is intended to become the Company’s fintech and service revenue driver in the SMB “Lend Aid” business. No retail funding will be used for this new business. The new business will combine XRF’s established and sophisticated technology for lending and risk management technology with Qiye’s marketing and customer channel expertise in order to help institutional lenders more effectively reach potential SMB borrowers. XRF believes that this partnership will further drive its transformation into a rapidly growing platform focused on institutional lending to SMBs.

Dr. Po Wang, Co-CEO of China Rapid Finance, commented, “The Chinese government is actively promoting lending to SMBs, which makes this an attractive market opportunity for us. The foundation of our partnership is the current clientele of Qiye, which has already established a fast-growing SMB loan-aid business with institutional funding. China Rapid Finance strengthens the product offering via its pioneering financial services and risk management technology.”

Dr. Zane Wang, Chairman and Co-CEO of XRF, stated: “We believe this endeavor can create meaningful value for our shareholders as it drives expected revenue and profit growth. We are fully committed to transforming XRF away from P2P lending and toward broader fintech services in an orderly and responsible manner.”

Partner Patty Covington comments for Auto Finance News

Partner Patty Covington comments for Auto Finance News
Auto Finance News recently interviewed Partner Patty Covington for its story on whether California could establish its own state-level regulatory agency, similar to a mini Consumer Financial Protection Bureau (CFPB). Although the process to establish this new agency could be significant and could take years, Patty explained that the idea has the potential to gain traction because Monique Limón, current chair of the California State Assembly Committee on Banking and Finance, while fairly new to the Assembly, has “the political pull” and “experience mobilizing votes.”To get morelatest auto news, you can visit shine news official website.

Additionally, Patty points out that that the “[t]he California Attorney General has regulatory rule-making requirements under the Consumer Privacy Act,” and is likely “feeling very squeezed from a resource perspective,” making the addition of a resource more attractive. “All things considered, [she comments], ‘there’s real potential here.’”

Patty has practiced in consumer financial services for the last 20 years. She advises banks, auto sales finance companies, installment lenders, motor vehicle dealers, leasing companies, trade associations, ancillary product providers and technology providers on a wide array of issues related to consumer financial services. Patty’s practice focuses on auto finance, personal property lending, installment lending, dealer law, creditor-based collection practices, ancillary products law, federal and state regulatory compliance, CFPB-readiness, UDAAP, UDAP, privacy, data security and information management, electronic commerce and marketing.
Hudson Cook, LLP, provides articles, webinars and other content on its website from time to time provided both by attorneys with Hudson Cook, LLP, and by other outside authors, for information purposes only. Hudson Cook, LLP, does not warrant the accuracy or completeness of the content, and has no duty to correct or update information contained on its website. The views and opinions contained in the content provided on the Hudson Cook, LLP, website do not constitute the views and opinion of the firm. Such content does not constitute legal advice from such authors or from Hudson Cook, LLP. For legal advice on a matter, one should seek the advice of counsel.

Foreign spies may be hiding in your VPN, warns DHS

Before we get into the latest scary-virtual private network (VPN) news, let’s do as Naked Security’s Paul Ducklin advises and repeat after him:

Many people do trust their Buy VPN provider. A lot. Unfortunately, some of them shouldn’t, going by what a Department of Homeland Security (DHS) higher-up recently said.

In a letter sent to Senators Ron Wyden and Marco Rubio on 22 May 2019, Chris Krebs, director of DHS’s Cybersecurity and Infrastructure Security Agency (CISA), wrote that foreign adversaries are interested in exploiting VPN services. From the letter:
Krebs was writing in response to a 7 February 2019 letter sent to him by the senators, who are concerned about threats posed by apps created in countries of national security concern to the US.

The senators noted that mobile browsers such as Yandex, Dolphin and Opera use their own servers as an intermediary for user traffic, compressing the pages before delivering them to users in order to save data. Similarly, VPN providers route traffic through their own servers in order to mitigate privacy concerns – nominally, at least, the senators said.

Potential security risks are of particular concern when it comes to government employees using VPNs, mobile data proxies, or other apps that might be vulnerable to foreign government surveillance, the senators said. They noted that the US government has already recognized the national security risks posed by Chinese telecom equipment, for one: a year ago, the Pentagon banned Chinese smartphones from military exchanges.

Six years prior, the US House of Representatives issued a report recommending that Huawei and ZTE be banned because of concerns over spying. A year-long investigation had shown that the companies had maintained close ties to the Chinese Communist Party and People’s Liberation Army back home while trying to expand their US businesses.
In Krebs’ reply to the senators, he said that there’s no overarching US policy preventing government mobile device users from downloading foreign VPN apps. He also referenced the National Institute of Standards and Technology (NIST), which has published Guidelines for Managing the Security of Mobile Devices in the Enterprise. From those guidelines:

Krebs said that according to “open-source reporting”, the Russian government in November 2017 enacted laws that force domestic and foreign VPN providers to participate in Russia’s blacklist enforcement system: a system that allows the government to “access and influence Russia-based VPN providers,” such as Yandex. Also, in December 2017, the Indian government issued an advisory to employees that the Chinese government had used popular mobile apps – including WeChat, Truecaller, Weibo, UC Browser, and UC News – to collect information on sensitive Indian security installations.VPN download

CISA believes the apps pose a “low to moderate” risk of affecting government operations, though Krebs notes that the agency has limited visibility into what government employees install on their federally contracted mobile devices.When comes to the issue of online privacy and security, we suggest to use a VPN, and our recommendation is RitaVPN.Qwer432