Real estate market in Europe Construction is not booming everywhere

Status: 16.06.2021 2:01 p.m.

Construction is one of the boom industries in Germany even during the crisis. But what about in other European countries? Our correspondents report that the situation there is only partially comparable.

Poland: increasing demand, increasing prices

By Jan Pallokat, ARD studio Warsaw Anyone in Poland who thought that the corona pandemic would slow down the construction industry, which has been booming in the country for years, was caught on the wrong foot at the beginning of the year. Housing construction in particular is buzzing even more; In the first quarter, developers in major cities sold 40 percent more than in the previous year and three percent more than in the previous record year of 2017. And because the supply of modern living space still lags behind demand in the country, the sales prices achieved are also rising steadily: on average by almost eight percent for new buildings and six and a half percent for used residential property. The rising prices for building materials and an increasing shortage of staff also play a role here. Because construction workers are scarce, market experts are now warning that construction sites could be paralyzed in rows during the high season in summer. The downside of the building boom: home ownership is often unaffordable for young families. Already today, 43 percent of under 35-year-olds in Poland lived with their parents, the Eurostat statistics office recently reported. This puts Poland in the top group in the EU when it comes to “Hotel Mama” and is on a similar level to Italy.

Spain: no construction boom in sight

By Reinhard Spiegelhauer, ARD studio Madrid Construction boom and Spain – wasn’t there something? Yes, Spain has actually experienced an absolutely ludicrous construction boom – but that was 20 years ago. In the nineties and noughties, the number of planned apartments practically doubled from year to year – up to the highest level in 2006 with almost 900,000 apartments. Then came the big bang: the real estate bubble burst, banks had to be bailed out, Spain rushed past bankruptcy, hundreds of thousands could no longer service their real estate loans, apartments were evicted. The market then recovered very slowly. But still, roads, lamps and park benches built in boom times are rotting in many development areas. In 2019, the year before the corona pandemic, the foundation stones were laid for a good 100,000 apartments. Since then, however, the sector has largely been paralyzed again. Unemployment fell again after peaking at around 25 percent after the euro crisis, but it again reached 15 percent during the pandemic. For young adults it is more than 30 percent. According to experience from the times of the real estate bubble, far stricter criteria now apply to the granting of loans. All of this is currently preventing any kind of construction boom in Spain.

Switzerland: mainly redevelopment and densification

By Dietrich Karl Mäurer, ARD studio Zurich Instead of a “construction boom”, the umbrella association of the Swiss construction industry, Building Switzerland, speaks of “continuously good work”. A large part of the orders are so-called consolidations and energy-efficient building renovations. But not least because of the low interest rates, large investors like to invest in construction projects such as new building complexes with rental apartments. The demand is good, although there are vacancies in some rural regions. Housing is still in short supply in cities. This is also because net immigration has recently risen again; During the pandemic, many foreigners who actually wanted to leave the country after a certain period of time in Switzerland preferred to stay – mainly because of the comparatively difficult labor market conditions in their home countries. The construction industry accounts for ten percent of Switzerland’s economic output and employs around half a million skilled workers. According to a recent economic survey, the situation in the construction industry is stable. However, the limited availability of building materials and preliminary products could become a problem. Incidentally, real estate prices in Switzerland have risen faster than they have been in eight years.

F-20 leads military industry stocks to take off

As the two centuries of the founding of the party and the army are approaching, there will be more catalysts for the defense and military industry, and “a hundred years of change” will inevitably accelerate the modernization of our army. Last weekend, CCTV’s military channel reported that the second unit equipped with the J-20 was officially made public. It was the first group of the Air Force to form, participate in the war, and win the first “Strong Army Pioneer Brigade”. Compared with the J-20 equipped by the “Wang Hai Brigade”, the J-20 equipped by the “Strong Army Pioneer Brigade” has undergone many improvements, especially the engine is replaced with a domestic turbofan-10 engine, which means that the J-20 has been realized. Fully localized.

Affected by this news, the national defense and military industry sector rose heavily in early trading today. The sector index rose for the third consecutive day and hit a new high in nearly three and a half months. Dongtu Technology’s 20% daily limit, Eleda, Bright, and New Research , Anhui Technology, etc., the daily limit may rise by more than 10%. Military ETF funds also rose today, leading the rise.

The F-20 can achieve 100% localization rate, even if it is not easy in the world, except for the F-20, currently only the United States can achieve 100% localization of the fifth-generation fighter, even Russia and France currently Russia lacks high-performance electronic equipment and optical equipment, and needs to import gallium arsenide semiconductor materials from South Korea. Although France can develop Rafale fighters, France does not have the technology to manufacture ejection seats and needs to import ejection seats from the United Kingdom. chair.

Ai Leda focuses on the field of aviation manufacturing, mainly engaged in the production of aircraft structural parts and engine parts. Since the establishment of the company for more than ten years, it has accumulatively participated in the development and production of a variety of models involving more than 3000 aviation parts. On the investor interactive platform, investors have repeatedly asked whether the company’s products are available for the F-20, H-20, and Yun-20 models. Eleda did not respond directly on the grounds that military secrets were involved.

But this does not prevent investors from showing their love for Philharmonic. In 2020, Philharmonic has soared by 271%, and it has risen by more than 30% this year. Today, stimulated by the good news, the intraday straight line pulled up to the 20% daily limit. Beijing Capital Capital increased its holdings of Philharmonic by more than 50% last Friday, and its number of shares hit a four-month high.

Guohai Securities stated that the continuous installation of the J-20 aircraft will further enhance the air force’s comprehensive combat capabilities, and also shows that the national defense construction continues to advance, downstream demand is strong, and the aviation industry chain continues to rise. The 14th Five-Year Plan period is a critical period for achieving the “Hundred Years of Military Struggle” in 2027. The military industry has entered a period of accelerated growth, the industry’s production capacity is expanding, and the fundamentals of many high-quality segments will continue to improve. It is recommended to focus on such fields as missiles, military aircraft and aero-engine industrial chains, new materials for military industry with high upstream prosperity, military electronics, and military information technology.

Capital rallies to reduce chip stocks

Electronic technology stocks continued to strengthen in early trading. The semiconductor sector index hit a record high during the session, the gallium nitride sector index also hit a record high, the chip sector index hit a new high in the past year, and the lithography machine sector index approached a new high this year. The daily limit of Liyuan Information is 20%, and the daily limit of Hanwei Technology, Jingsheng Electromechanical, and Jingchen shares may rise by more than 10%.

As the problem of chip shortages continues to intensify, major domestic and foreign semiconductor manufacturing companies have raised their capital expenditure plans, vigorously expanding production capacity, and increasing prices, shortages, and expansion into “high-frequency vocabulary.” Domestic and foreign companies have raised prices in various aspects of semiconductors, but the contradiction between chip supply and demand is still prominent, which is eventually transmitted to the production links of physical enterprises such as automobiles and mobile phones. The market predicts that this round of the semiconductor industry boom cycle will last at least until the end of 2022.

However, investors should focus on the fact that at present, experts have warned that chip manufacturers may have excessive hunger marketing and large-scale production expansion, and there may be a crisis of chip surplus in the future. And market capital is also constantly flowing out taking advantage of the stock price surge. According to Wind statistics, starting from Qunengdi, the National Integrated Circuit Industry Investment Fund has successively reduced its holdings in high-quality companies such as North China Chuangchuang and Zhaoyi Innovation. Recently, Weir shares and others have also announced information on shareholder reductions. In addition, in just four trading days last week, the net outflow of chips and semiconductor-related ETFs reached nearly 5 billion yuan.

Beijing Capital Securities stated that the global core shortage has allowed the industry and capital markets to re-understand the semiconductor manufacturing process, especially semiconductor foundries and IDM-mode semiconductor manufacturers. Companies with fabs will have greater and greater say in future development, and the higher the differentiation, the better, and the valuation given by the capital market will also become higher and higher. Semiconductor is the core technology. To buy a technology company, you must have technical strength, and be able to continuously launch new products, and new products can be recognized by the market to bring income.

Cross-border “drinking” Zhongxing Fungus Industry Daily Limit

How hot the liquor industry is, companies that grow edible fungi must also acquire liquor assets.

On the evening of June 20, Zhongxing Fungus Industry (002772) announced that in order to promote the development of the company’s dual main businesses and increase new profit growth points, the company plans to acquire Liu Jian and Liu Liangyue’s Shengjiao Wine in Maotai Town, Guizhou, in cash. Industry Co., Ltd. (referred to as “Shengjiao Wine Industry”) 100% equity.

Stimulated by the news, on June 21, Zhongxing Fungus Industry had a bid price limit. As of the noon close, the number of orders exceeded 1.15 million, reported at 9.64 yuan, with a total market value of 3.55 billion yuan.

According to the announcement, Shengjiao Wine Industry is located in the core production area of ​​7.5 square kilometers of Maotai-flavored liquor in Maotai Town, Renhuai City, China. Since its establishment, it has focused on the research and development, production and sales of Maotai-flavored liquor. One of the wine storage companies. The owner of Shengjiao Liquor’s product is the “Shengjiao” series of Maotai-flavored liquor. After years of development, Shengjiao Liquor has achieved a national distribution of sales channels and is one of the main manufacturers of Maotai-flavored liquor in my country.

Zhongxing Fungus Industry is a modern agricultural enterprise specializing in the research and development, factory cultivation and sales of edible fungi. The main products are Flammulina velutipes and Agaricus bisporus fresh products. Judging from the current main business layout, Zhongxing Fungi is determined to “drink” across the border. Zhongxing Fungus is not the first company to be the first Zhongshengjiao Wine Company.

In October last year, *ST Garden City announced that it planned to acquire 100% equity of Shengjiao Winery and raise matching funds by issuing shares and paying cash. Subsequently, the restructuring inquiry letter from the Shanghai Stock Exchange followed one after another. The core question was to explain the reason for the sharp increase in the performance of Shengjiao Wine Industry.

One month later, in November last year, *ST Park City stated that the transaction company and the target party could not reach an agreement on the valuation of the target company and terminated the acquisition of 100% of the shares of Shengjiao Wine Industry.

It is worth mentioning that in the four trading days from June 15th to 18th, the stock price of Zhongxing Fungi Industry rose successively, with a cumulative increase of 12.16% in the interval. A person in the liquor industry believes that cases of cross-border liquor making in the capital market are not uncommon, but there are many losers. There is still some suspense whether the acquisition plan can be successfully completed. The company also reminded investors in the announcement that the equity purchase agreement has not been formally signed, and it is not yet possible to predict the impact on the company’s operating results.

The concept of medical beauty is active again

The concept of medical beauty was active again on the 21st. As of press time, Harbin Sanlian’s daily limit, Langzi shares rose by more than 8%, Jiangsu Wuzhong, Kaineng Health, Lafang Jahwa, etc. rose by more than 6%, Yihua Health, Gold Rabbi , Aimeike, Huaxi Biology, Haohaishengke, etc. rose more than 5%.

On the news, recently, eight departments including the National Health Commission, the Office of Cyberspace Affairs, the Ministry of Public Security, the General Administration of Customs, the Market Supervision Bureau, the Post Office, the Food and Drug Administration, and the Bureau of Traditional Chinese Medicine jointly issued the “Special Rectification Work Plan for Combating Illegal Medical Beauty Services.” , Decided to jointly carry out related rectification work from June to December 2021. The rectification includes four aspects: (1) Strictly crack down on illegal medical aesthetics-related activities; (2) Strictly standardize medical aesthetics service behavior; (3) Severely crack down on illegal drug manufacturing and sales activities; (4) Severely investigate and punish illegal advertisements and the Internet information.

In this regard, CITIC Securities pointed out that remediation may affect some demand in the short term, but after dynamic rebalancing, market demand will shift to authentic licensed and formal medical aesthetics terminals; medical aesthetics accidents and disputes will decrease, and public trust will increase. It will promote the expansion of demand in the entire market and benefit the entire industry. The rapid expansion of the medical and aesthetic industry and supervision and remediation will help “good money drive out bad money.”

Ratings at a glance How creditworthy are which countries?

Status: 15.06.2021 01:05 p.m. Credit ratings from the major US rating agencies help determine the interest rates at which a state can borrow money. How do Moody’s, Fitch and Standard & Poor’s rate the creditworthiness of the countries in the eurozone and other countries? Who gets the top grade, the “Triple-A”? An overview of the current credit ratings from Belgium to Cyprus.

Source: rating agencies / as of June 15, 2021

Source: rating agencies / as of June 15, 2021

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Corona vaccine study Novavax is 90 percent effective

Status: 14.06.2021 2:21 p.m. According to preliminary study data, the corona vaccine from the US pharmaceutical manufacturer Novavax is safe and highly effective – even with virus variants. The product raises great hopes, especially in developing countries. According to the US pharmaceutical company, the Novavax corona vaccine protects well against the virus and its variants. The company said that the vaccine was around 90 percent effective and, according to preliminary data from a study, safe. The vaccine effectiveness study involved nearly 30,000 people in the United States and Mexico. Two-thirds of them received two doses of the vaccine three weeks apart, all others received placebos. A total of 77 people were infected with the coronavirus, 14 of them in the group of those who were vaccinated. Of the participants who received the drug, none developed severe or moderate symptoms, while there were 14 in the comparison group without vaccination.

background 06/14/2021

No cases of blood clots or heart problems

The vaccine was similarly effective against several variants of the coronavirus, including the alpha variant first discovered in the UK, as well as in high-risk groups such as the elderly and people with pre-existing conditions. The side effects were similar to those of other vaccines and mainly concerned pain at the injection site. There have been no reports of blood clots or heart problems, said Novavax boss Stanley Erck. Novavax plans to publish the results in a medical journal where they will be reviewed by independent experts.

Vaccine important for developing countries

The company said that applications for approval would be submitted in the USA and Europe, among others, by the end of September. Until then, a production of 100 million cans per month is possible. Novavax’s vaccine is easy to transport and store, which is why it is expected to play an important role in vaccination campaigns in developing countries. “Many of our first doses will go to low- and middle-income countries, and that was the goal from the start,” said Erck. Novavax’s vaccine works in a similar way to flu vaccines. It is made with laboratory-grown copies of the spike protein that envelops the coronavirus. The immune system reacts to the proteins in the vaccine and is thus prepared when it is actually confronted with the virus. Other vaccines that are widely used today contain the genetic instructions for the body to make its own spike protein.

02.03.2021

Alliance against China G7 countries decide on global infrastructure plan

Status: 13.06.2021 6:38 p.m.

At the initiative of US President Joe Biden, the G7 countries agreed on a billion-dollar infrastructure initiative for the emerging countries. It should be an alternative to China’s “New Silk Road”. From Notker Blechner, tagesschau.de It sounds like a kind of “Marshall Plan” for the poorer countries of the world: At the G7 summit in Carbis Bay, the leading western industrialized countries have an infrastructure project entitled “Build Back Better World” (in German: a better world rebuild) decided. Hundreds of billions of dollars are to be invested by the G7 countries in cooperation with the private sector.

The US is the driving force behind the initiative

The project was promoted by US President Joe Biden. It is reminiscent of the billion dollar infrastructure plan adopted in the USA, which Biden promoted under the slogan “Build Back Better”. The aim is to offer poorer countries “transparent high-quality partnerships”, announced Biden at the end of the summit. The global infrastructure project of the G7 states is supposed to be an alternative to the “New Silk Road” with which China is promoting infrastructure projects from Asia to Europe. The People’s Republic has agreed “Belt and Road” projects with around 100 countries, including the construction of new train routes, ports and roads. According to the business information service Refinitiv, around 2,600 projects with a volume of 3.7 trillion dollars have already been launched. Critics accuse Beijing of driving poor countries into a debt trap and into political dependency. With the “Silk Road”, China is pursuing the goal of expanding its geopolitical influence worldwide. A US official called the new G7 alliance against China’s Silk Road a positive alternative vision that “shows our values, our standards and our way of doing business”. It is not about “the countries have to choose between us and China”.

Transparent alternative to the “New Silk Road”?

Chancellor Angela Merkel gave a less ideological justification for the infrastructure plan of the G7 countries. “We have to deal with the fact that China is running quite successfully infrastructure projects,” she admitted. “We can’t just stand by and watch.” The G7 group must show “that we are an important and successful factor in development work in the world”. She emphasized that the project was “not against something, but for something”, namely the expansion of the infrastructure, especially in Africa. The German economy has been demanding for some time that Europe react to China’s “New Silk Road” with its own infrastructure strategy. “If we want to regain spheres of influence in developing countries, it is not enough to criticize China. We have to make better deals,” said Friedolin Strack, head of the International Markets department in the Federation of German Industries (BDI), to the “Handelsblatt”. German companies usually go away empty-handed when it comes to the Silk Road projects.

Trillions of dollars are needed

According to Biden, there is a global need of 40 trillion dollars for the expansion and modernization of the infrastructure. He didn’t give any details. In a preparatory paper for the G7 summit it was said that 1.5 to 2.7 trillion dollars of additional money would be necessary every year for the developing and emerging countries to achieve the sustainable development goals of the United Nations. In fact, many countries in Africa, Asia and Latin America lack modern roads, train lines, bridges and ports, as well as facilities for water supply, sewage and waste treatment. In the opinion of the G7 group, the World Bank and other international financial institutions have proven to be too clumsy when it comes to infrastructure projects. This is why national development banks in particular, such as the German Reconstruction Loan Corporation (KfW) or the US International Development Finance Corporation, are now to develop and implement projects.

Concrete projects only in 2022

It will take a few more months for the G7 countries’ global infrastructure plan to take shape. The first concrete projects are not expected to appear until next year. The new G7 task force for infrastructure projects in developing countries is to make specific proposals in 2022. “I hope that we can present such projects at the next G7 summit,” said Chancellor Merkel. Germany will take over the G7 presidency in 2022.

Prices rise by five percent Highest US inflation since 2008

Status: 10.06.2021 5:44 p.m.

In the USA, consumer prices have risen as sharply as they did almost 13 years ago – which is felt above all by car buyers. The European Central Bank also expects higher inflation in the euro countries. Is it just a short-term phenomenon or is inflation now making its big comeback? In the USA there is a growing fear of ever higher prices. Some are already pulling Parallels to the 1970s when President Jimmy Carter failed to get a grip on high inflation and job misery. Although the USA is still a long way from the double-digit inflation rates of that time, the price jumps are getting bigger from month to month. After inflation had risen above four percent in April, it has now climbed to 5.0 percent in May. That is the highest rate since August 2008. Experts had only expected an increase in the cost of living of 4.7 percent. “The dreaded five has become a reality,” said market observer Thomas Altmann from investment management company QC Partners.

Federal Reserve under pressure

The strong growth impressively proves that the price surge in April was not a slip-up, said LBBW analyst Dirk Chlench. “The US Federal Reserve is coming under increasing pressure to reconsider its view that the recent price hikes are only of a temporary nature.” As in April, the prices for used cars turned out to be the biggest inflation driver. They rose again strongly – and, according to the US Department of Labor, accounted for around a third of the monthly price increase.

Core inflation at its highest level since 1992

Particularly alarming is core inflation, which excludes volatile components such as energy and food. It climbed 3.8 percent in May. The last time there was such a sharp increase was in 1992. In April, the core inflation rate was 3.0 percent. The end of the corona lockdowns and the trillion dollar cash injections by the US government have been driving inflation in the US for months. Prominent economists like Larry Summers, Olivier Blanchard and Mohamed El-Erian warn against underestimating the danger. According to Blanchard, the high government spending under US President Joe Biden could overheat the economy.

Just a passing trend?

Most economists are still looking at the trend with serenity, however. In their opinion, the development is mainly based on temporary factors. The US service sector is back in normal mode in many places. Prices for air travel and hotel accommodation are picking up again and are well above the previous year’s level, says chief economist Thomas Gitzel from VP Bank. “So there are so-called base effects at work once more.” At the same time, the shortage of semiconductors is now at least indirectly affecting consumer prices. If there are no new cars due to a lack of semiconductors, customers switched to used cars. These would have become significantly more expensive. Gitzel predicts that the price level will slowly drop from a high level in the summer months. The US Federal Reserve (Fed) claims that inflation will only pick up temporarily. Because compared to the previous year, the economic downturn in the Corona year 2020 resulted in high rates of price increase. That is why the central bank has not yet seen itself under pressure.

Little movement on Wall Street

Wall Street barely reacted to the renewed surge in inflation. The Dow Jones rose by 0.6 percent, the S&P 500 even jumped to a record high. The US dollar gained against the euro. So investors do not anticipate a tightening of monetary policy in the US for the time being. In the eurozone, too, the money locks are still strongly open. The European Central Bank (ECB) is sticking to its trillion-dollar anti-corona crisis program (PEPP) and plans to expand bond purchases in the next quarter compared to the first three months of the year. In doing so, the central bank wants to avoid tightening the financing conditions for companies, states and private households.

ECB raises inflation forecast

The rising inflation hardly worries the euro watchdogs . The higher euro will dampen inflation, said ECB President Christine Lagarde. Nonetheless, the ECB raised its inflation forecast. According to the central bank, inflation should be 1.9 percent in 2021. In March, the ECB was still assuming an increase of 1.5 percent. For 2022, the monetary authorities expect an annual price increase of 1.5 percent and for the following year unchanged at 1.4 percent. According to the ECB, inflation that is too high can lead to a price spiral. Higher prices mean consumers get less goods for their money. So they demand higher wages in order to be able to maintain their standard of living. In turn, in order to pay the higher wages, companies continue to raise the prices of their products. On the other hand, permanently low prices are seen as a risk for the economy: companies and consumers could then postpone investments – in the hope that it will soon become even cheaper. In the medium term, the ECB is aiming for an annual inflation rate of just under two percent. In Germany, the inflation rate is already above this level. In May the Consumer prices compared to the same month last year by 2.5 percent , the highest value since September 2011.

Despite rising inflation Why the ECB is not raising interest rates

Status: 10.06.2021 8:28 a.m.

Inflation is increasing in many European countries. Nevertheless, the European Central Bank wants to stick to its loose monetary policy. How long can she keep this course? By Klaus-Rainer Jackisch, MR The circular saw is still running. But the little wood that is left is not enough at the front and back. The large warehouse in the North Hessian Baunatal is usually well filled. But wood has been in short supply for weeks. “There has never been anything like it,” says Zimmermann and company owner Peter Hellmuth. The specialist fears further bottlenecks in the summer. Although demand is booming, there could even be short-time working. Because in Corona times there is more handicraft, building and tinkering, but also because the USA and China are buying empty the world market, there is currently too little wood . In April prices were almost 30 percent higher than in the same month last year, and the trend is still increasing, according to the Federal Statistical Office. Also at other raw materials are skyrocketing : Iron, steel and aluminum scrap rose by more than 60 percent, pig iron costs almost a quarter more, and the prices of electronic circuits rose by around 14 percent.

Above all, energy is more expensive

But energy prices climbed the hardest. Imported electricity, which is becoming more and more important because the amount of energy generated from sun, wind and water fluctuates sharply, even rose by 200 percent. People also had to dig deeper into their wallets for electronics and food. Inflation is back. It is coming with great strides. It is currently 2.5 percent in Germany . For the autumn, the Bundesbank and many economists expect inflation rates in this country of over four percent. Such values ​​have not existed for almost three decades. The last time the prices climbed above the four percent mark in 1993. At that time, inflation was 4.5 percent, according to statisticians. The price surge is particularly noticeable in Germany: the return of VAT to the old values ​​and the massive CO2 pricing since the beginning of the year are making themselves felt. The upturn in the economy does the rest: Through successes in vaccinations and easing, the demand for goods and services of all kinds is increasing, while at the same time supply is scarce – all of this is causing prices to go up.

Hardly any compensation through higher wages

Also in Europe: There the inflation rate rose to 2.0 percent in May. In addition to Germany, people in Austria (3.0 percent), Estonia (3.1 percent) and Luxembourg (4.0 percent) in particular have to pay more. All of that hurts, because because of Corona there are rather poor results in the wage rounds and therefore hardly any compensation. This makes price increases even more noticeable. But none of this makes much impression on the European Central Bank (ECB). It is expected that the company’s own forecasts, which will be updated this week, are well above the old estimates. It is also becoming apparent that inflation will by no means abate in the second half of the year as originally expected, but rather, on the contrary, reach new highs. But the monetary authorities in Frankfurt’s Eurotower see no reason to act. For weeks now, the members of the ECB’s Executive Board have repeatedly emphasized that the economy is recovering well, but currently still needs the support of an ultra-loose monetary policy. A repayment of the controversial bond purchases or even a turnaround in interest rates is not even hinted at.

Worried look at the financial markets

Instead, the ECB continues to pump billions from its Corona aid program PEPP into the markets at great speed – currently it is around 80 billion euros per month. This is intended to offer sufficient capital on favorable terms and to keep interest rates low. “The ECB has committed itself to ensuring favorable financing conditions during this phase,” said ECB President Christine Lagarde in Paris last week. This promise will also be kept. In fact, the ECB is not that unhappy about the price surge. The self-imposed inflation target of almost two percent has not been achieved for about ten years because one crisis chases the next. If this is different this year, it could be sold as a great success in your own monetary policy – even if the pendulum swings beyond your own target. In addition, one looks at the financial markets with concern: there share prices, also and precisely because of the ultra-loose monetary policy, have reached a level that has long been decoupled from the real economy in many areas. The central bankers fear that a change in monetary policy could lead to violent reactions and shake the fragile house of cards.

Debt rose sharply

And then there are also the debts: In southern Europe in particular, they have risen again to astronomical heights due to the collapse of tourism in the wake of the coronavirus crisis: Greece, for example, currently has a gross domestic product debt of around 205 percent. This is the highest level in the euro zone and more than during the Greek crisis. Italy, too, is groaning under excessive debts and ailing banks. An increase in the interest rate would not be right. Italy’s central bank chief Ignazio Visco is therefore particularly busy when it comes to sticking to the current monetary policy: “Large and sustained increases in interest rates are not justified by the current economic outlook and will be countered,” he said at the annual meeting of the Banca d´Italia in Rome. In fact, a new debt crisis in the euro zone, triggered by rising interest rates, would be the last thing the monetary union could use now. The central bank governors from Germany and the Netherlands, for example, cannot do much against all of these arguments. They have been calling for an exit from the ultra-loose monetary policy for a long time, but they are in the minority.

Criticism of the policy of the US Federal Reserve

So there are many reasons why the majority of monetary watchdogs prefer to keep their feet still and save themselves over the summer. A change in monetary policy at the council meeting this week is not expected, not even with a hint that it might be imminent. Only the pace of bond purchases could perhaps be slowed down a bit. But that too is unsafe. How long the ECB can continue on its course, however, also depends on the world around it. In the USA, for example, where the inflation rate is now 4.5 percent and the economy because of the two trillion corona aid program of the Biden government is slowly starting to overheat , criticism of the Federal Reserve’s loose monetary policy is growing louder. Economists such as the former IMF chief economist Olivier Blanchard or the leading economic advisor of Allianz, Mohamed Aly El-Erian, fear that the corona crisis could have changed the structure of the economy. It is therefore not at all clear that inflation will recede again quickly. If the central banks act too late and then abruptly, this could lead to upheavals in the financial markets and a recession. The next few months are therefore likely to be uncomfortable for the European monetary authorities. And also for the people in the euro zone. Because one thing is clear: it will be even more expensive.

Infringement Procedure How EU law is enforced

As of: 06/09/2021 4:21 p.m.

In order to enforce the law of the European Union in the EU states, there is the infringement procedure. It can lead to heavy fines. By Christoph Kehlbach, ARD legal editors The law of the European Union is to be implemented in the EU member states. There is a formal procedure to enforce this: the infringement procedure. In extreme cases, the European Court of Justice can impose very considerable penalties as a means of pressure.

Reason: breach of obligation under the EU treaties

As a rule, infringement proceedings are initiated by the EU Commission. And then when it comes to the conclusion that a member state of the European Union is not complying with EU law. This is where the EU Commission’s designation as the “guardian of the EU treaties” comes from. Specifically, it can mean that the respective state does not transpose an EU directive into national law. Such directives regulate, for example, EU-wide consumer protection. All member states are obliged to implement them. Or that a state enacts laws that run counter to an obligation under the EU treaties. For example, because they impermissibly restrict the free movement of goods and services. The commission then first contacts the state directly. If that doesn’t help, she can ultimately bring the case to the European Court of Justice (ECJ).

As a rule, the EU Commission initiates infringement proceedings. Image: picture alliance / dpa / XinHua It is also possible that it is not the Commission but another EU country that initiates infringement proceedings. However, he must first contact the Commission. Only if this remains inactive can this state take legal action directly at the ECJ. That happens very rarely. A prominent example of such an exceptional case was the dispute over the car toll planned by the federal government for cars that are not registered in Germany: Austria saw this as discrimination and became active after the EU Commission had not acted. Ultimately, this is how the toll came before the ECJ. This overturned her in a spectacular decision in the summer of 2019 : The court came to the judgment that the toll discriminates against citizens and companies from other EU countries and thus restricts the freedom of goods and services.

Three-step process

In the vast majority of cases, however, it is the commission itself that takes action on its own initiative. The “normal” procedure is clearly regulated: If the EU Commission sees a violation, it demands one first step write to the state concerned to comment. The country must then respond within a specified period. Usually this period is two months. Now it is at least conceivable that Brussels will be persuaded by this response letter, i.e. that it will understand that there is no violation of EU law. Then the process ends at this point. However, if the Commission comes to the conclusion after an answer that there is indeed a violation of EU law, then it gives in one second step issued an official statement. In this, the Commission justifies its view and calls on the state to ensure that the situation that is contrary to EU law is ended. Within a further period (again it is usually two months) the state must then provide information about what it has done for this purpose. If the state does not meet its duty within this period, or does so insufficiently, the commission may in a third step bring the case to the European Court of Justice (ECJ). The judges in Luxembourg then give a judgment on the matter. Such a judgment against Germany there was, for example, the beginning of June 2021 : It was about the years Exceeding limit values ​​for nitrogen dioxide . If the ECJ is right to the Commission, i.e. if, as in this case, there has been a violation of the EU treaties, the state concerned must then take action to remedy this situation. Or prove that the illegal situation has already been eliminated.

In infringement proceedings, the European Court of Justice decides whether EU law has been violated – and can ultimately even impose high fines. Image: picture alliance / dpa

Financial sanctions possible after judgment

If a state still does not meet its obligations after such a ruling by the ECJ, the EU Commission can appeal to the ECJ again. This second court case is about financial sanctions. At the proposal of the Commission, the ECJ can then set a regular penalty payment against the state, or levy a lump sum – or combine both. The longer a state allows a violation of the EU treaties to persist, the more expensive it becomes. For example, due to data protection violations, lump-sum payments in the double-digit million range do occur – often combined with a daily penalty rate of tens of thousands of euros. Such penalties are always only the very last step.

Particularly delicate situation

The infringement procedure regarding the ECB judgment from Karlsruhe is particularly tricky: Because this is not simply a matter of Germany failing to transpose an EU legal norm into national law or failing to achieve certain benchmarks. Rather, the subject of the specific infringement proceedings is for the first time a judgment by the highest German court. To be more precise: A judgment in which the Federal Constitutional Court found that the European Central Bank (ECB) and also the ECJ have exceeded their competences . Ultimately, if the proceedings are not terminated beforehand, a curious situation could arise: the ECJ could decide whether a ruling by the Federal Constitutional Court, which certifies that the ECJ has made a massive error, violates EU law.

G7 agreement Who will benefit from the global minimum tax?

As of: 06/09/2021 8:49 a.m.

The G7 agreement on a minimum tax is celebrated as an epoch-making one. But there are still many hurdles waiting for it to come into effect. There are reservations, especially in countries that make a living from their reputation as tax havens. By Klaus-Rainer Jackisch, MR Luxury yachts lie in the port of Nassau, sun-hungry people loll on the beaches and people know how to celebrate at the colorful Junkanoo, the national carnival: The Bahamas comprises 700 islands on the edge of the Caribbean. For many, they are a little paradise – also in tax matters. Since the island nation became independent in 1973, the country has lived on luxury, tourism and customs duties – and on its reputation as a tax haven. There is no income or corporation tax here, and tax evasion is not a criminal offense. That could soon be over. The Bahamas are also one of the 139 countries that have committed themselves to the so-called BEPS project under the umbrella of the OECD. BEPS (Base Erosion and Profit Shifting) wants to combat tax evasion and prevent the relocation of profits by multinational corporations abroad. The project is, so to speak, the backbone for the global minimum tax, the implementation of which received a strong boost last weekend: There the finance ministers of the seven leading western industrial countries agreed (G7) for the introduction of such a tax. It should be at least 15 percent worldwide and thus prevent tax dumping in many countries. At the same time, companies should in future not only be taxable where they are based – but everywhere they sell their goods or services.

G20 summit as the next hurdle

The agreement is intended to end the practice that companies like Amazon, Facebook or Google are making billions in profits worldwide, but are looking for and finding so many loopholes when paying taxes that in the end only peanuts remain for the tax authorities. Federal Finance Minister Olaf Scholz spoke of a “tax revolution” after the ministerial round in London. The British department head Rishi Sunak called the agreement “historic”, US Treasury Secretary Janet Yellen underlined it as an “unprecedented step”. When, after the finance ministers, the heads of state and government of the G7 countries meet at the end of the week in St. Ives in Cornwall, England, the decision should only be a matter of form. But the plan is far from being dry. In July, the finance ministers of the 20 most important industrialized and emerging countries (G20) meet in Venice, where they are supposed to approve the agreement. That should be much more difficult. While Europeans (Germans, French, British and Italians), Americans, Canadians and Japanese have similar interests in the G7 body, preferences in the G20, which includes China, Brazil and Russia, are less homogeneous. It is unclear whether they will come to an agreement in the end. Finally, all 139 BEPS states under the OECD umbrella would have to agree to the proposal.

Ireland fears revenue shortfalls

In order for the supposedly epoch-making work to really come into force, many interests have to be brought under one roof. Especially in smaller countries, the project is not only a source of joy: In Ireland, for example, where companies only pay 12.5 percent tax, which is why Apple and Google particularly like to romp around here, there are fears of large revenue losses. The minimum rate of 15 percent could theoretically flush more money into the coffers. But it is questionable whether the tech giants will continue to settle on the green island. Ireland’s finance minister, Paschal Donohoe, does not count on it and expects annual losses of up to 2.4 billion euros for his country: “Ireland could lose up to a fifth of its total corporate tax income,” he said in Dublin. There are worried looks in Switzerland too. Around 100 large companies have their headquarters here, because some cantons only charge around ten percent corporate tax after all discounts have been deducted. It is particularly cheap for companies in the cantons of Appenzell and Zug. In the capital, Bern, the opinion is that small countries in particular, which do not have the advantages of a large domestic market, can also score points in international competition with other advantages: low taxes are right at the top of the list, like a good infrastructure and a High standard of living. Before the G20 meeting, Switzerland wants to fight for every percentage point.

“German tax authorities do not gain much”

While small states in particular are already anticipating the worst, the US should be the big winner. Not only because most large companies are based here. But also because the complicated project plays into the hands of the big countries. Because even after a minimum taxation of 15 percent, no country is obliged to apply this rate. Ireland could stay at 12.5 percent. However, the mother country of the company can then collect an additional 15 percent difference. In the case of the numerous US companies, this additional levy then flows into the states. “Regardless of where a company is based and where it has subsidiaries, it always pays at least this minimum tax rate,” says the financial scientist Dominika Langenmayr from the Catholic University of Eichstätt-Ingolstadt. But that also means that more taxes are paid “above all in the USA, not in Germany,” said the economist. Clemens Fuest, President of the Ifo Institute, also sees it this way: “The German tax authorities will not gain much from the minimum taxation,” he told the “Augsburger Allgemeine”. His institute calculated that Germany would lose around 5.7 billion euros annually by shifting profits. But the minimum tax project should only allow “less than two billion a year” to flow into Germany, according to Fuest.

It depends on the details

Such an agreement also has other consequences for the export nation Germany: The car manufacturers, for example, sell a growing proportion of their products in China and the USA, but currently pay their taxes mainly in Germany. “If taxation rights are shifted to the sales countries in the future, Germany could lose tax revenues,” said Fuest. In the end, it depends on how the reform is designed. The last word has not yet been spoken and many a compromise is likely to come out. It is therefore questionable whether the EU will actually earn 50 billion euros more annually as a result of the reform, as Brussels loudly proclaims. This also explains why the multilateral corporations that the set of rules is supposed to meet are currently rather relaxed. The G7 agreement is “a welcome step” that will help stabilize the international tax system, a spokesman for the online shipping giant Amazon told the US news portal “Businessinsider”.

Will Amazon be spared?

The Amazon case in particular raises the question of whether the reform will actually be as effective as it has been described. The small print of the agreement also states that the reform should only affect the very large companies that have a profit margin of at least ten percent. However, Amazon only gives its overall margin of three percent and should get away with a final agreement on this rate largely unscathed – unless you tax the more lucrative business areas separately. However, this raises questions of tax justice and could trigger even more bureaucracy. It is also criticized that the minimum tax rate of 15 percent is much too low anyway. The British development organization Oxfam fears that this would lower the overall tax level worldwide rather than increase it. In any case, it is “absurd” that the G7 wanted to reform the tax system by “setting up a worldwide minimum tax that is similar to the low tax rates in tax havens such as Ireland, Switzerland or Singapore,” says Managing Director Gabriela Bucher. Meanwhile, the potential losers will do everything possible not to lose their advantage entirely. Until the rules come into force, many a yacht will moor in Bermuda’s capital Nassau. Because there are no high taxes in the island paradise (yet).

The G7 summit in Cornwall The heads of state and government of the seven leading industrialized countries (G7) will meet from June 11th to 13th in Cornwall, southwest England. For the first time in two years, they will meet again in person in the afternoon. In addition to climate change, the conference will also focus on trade issues and investments as well as the fight against the corona pandemic. In addition, the meeting will focus on the positioning towards Russia and China.
The G7 group includes the USA, Germany, Great Britain, Canada, France, Italy and Japan. Like-minded democratic states such as South Korea, South Africa, Australia and India are invited to the summit as guests.

At a meeting with leaders of the Government, ministries and sectors in mid-May, Vingroup applied for a pilot exemption of excise tax and registration fee for electric cars for 5 years in order to promote the electric vehicle market. . In fact, this is the first proposal in Vietnam but not new in the world. Many countries have also applied a combination of supportive policies, strong incentives for consumers and manufacturers to encourage the model transition from gasoline to electricity, typically China, the US and other countries. Europe. According to the Wall Street Journal, Mr. Hallgeir Langeland, 65, a former Norwegian politician and environmental activist, has not owned a car in 25 years. But when Ford launched an all-electric version of the Mustang last year, he didn’t hesitate. “I have to have it. I can’t wait until March,” Mr. Langeland said, recalling the Mustang he drove as a young man. Christian Burg, owner of an energy-efficient housing construction business in Germany, has been driving a petrol BMW X3 SUV for many years. When the German government increased subsidies for electric cars, he applied for a small business subsidy and switched to the iX3 rechargeable hybrid. “We received an incentive of 3,750 euros ($4,500),” he revealed. Governments are tightening emissions standards and supporting industries on the front lines of the fight against climate change. Photo: Reuters. From electric vehicle powerhouses China and Europe… Governments around the globe have introduced a variety of policies to boost the electric vehicle industry over the years, including reducing taxes, fees, subsidies, incentives, and administrative regulations. The common point is that governments have set a specific roadmap to transition from fossil fuel vehicles to electric cars. According to the CNBC Many Chinese drivers switch to electric cars because of the government’s preferential policies. For example, in 2016, Chinese buyers received a nationwide discount of 55,000 yuan ($8,599.01) for each BEV and 30,000 yuan ($4,690) for PHEVs. Municipal governments also provide additional support up to 55,000 yuan. Beijing also subsidizes electric vehicle manufacturers based on battery power density, driving range and energy consumption. For example, in 2020, a pure electric vehicle with a minimum range of 300 km will receive a subsidy of 16,200-22,500 yuan (2,532-3,517 USD). Along with that, it supports the construction of a battery charging network for electric vehicles. For taxes and fees, China offers 50-100% reduction in user registration fees from time to time, annual tax relief, free or low-cost charging. In addition, manufacturers will receive credit points if they produce many electric vehicles. China is the leading electric vehicle market in the world. Photo: Reuters. Buyers of electric vehicles in China also receive preferential registration fees, no need to wait for car registration for 6-12 months, free highways, and parking. In Shenzhen alone, taxis switching to electric vehicles will be able to receive subsidies. A 27-year-old customer, who lives in Hangzhou, has been waiting almost a year for a license plate for his petrol car. However, after seeing Xpeng’s G3 electric car, she decided not to wait any longer. “After applying the government subsidy, the car fits my budget of about 180,000 yuan (US$27,643),” she said. The European Union (EU) is also gradually tightening emissions standards and supporting industries on the front lines in the fight against climate change. Much of the support goes to initiatives that push consumers to buy electric vehicles, which in turn drives demand. After applying the government subsidy, the car fits my budget of about 180,000 yuan (US$27,643) A 27-year-old customer in Hangzhou In 2020, sales of new electric vehicles in European countries doubled, accounting for 43% of global sales. Rising momentum has brought the EU over China to become the world’s largest electric vehicle market. For example, Germany subsidizes up to 4,000 euros ($4,874) per BEV and 3,000 euros ($3,656) for PHEVs. The country also built a €1 billion fund for rebates and building charging stations. Meanwhile, France subsidizes 6,000 euros ($7,312) for cars that emit less than 20g of CO2, 5,000 euros ($6,093) per BEV, and nearly 10,000 euros ($12,187.01) for customers who switch from diesel vehicles to BEVs. Similar to France and Germany, Spain, Italy, Sweden, Denmark and Finland also apply different subsidies to electric vehicle customers. Denmark alone reduces sales tax up to 80%. Some major Spanish cities reduce taxes by 75%, while Finland has a minimum tax rate. …to North America Transportation is currently America’s largest source of greenhouse gas emissions. Therefore, US President Joe Biden’s plan to change gasoline cars to electric cars is essential to solving the problems of climate change. Biden’s proposals include incentives of up to $174 billion for electric cars. His plan is to increase discounts for customers who buy electric cars. In addition, the US president plans to push to increase the number of public chargers from 72,000 in 2019 to 500,000 in 2030. He also called for replacing the US government’s fleet of about 650,000 vehicles with models. electricity. Experts of Bloomberg It is estimated that 500,000 chargers may require about 6 billion USD of investment. Part of the $174 billion subsidy will also go directly to consumers to stimulate demand. Along with that are orders for electric vehicles directly from the federal government. To realize his climate ambitions, Mr. Biden needs to benefit as many electric vehicle manufacturers as possible. Bloomberg The above expenses all bring about the same effect. That’s increasing demand to accelerate the electrification of the US auto industry. Previously, the federal government and some states offered tax credits (up to $7,500) and incentives for buying electric vehicles, but the main federal incentive will begin to cut after manufacturers sold 200,000 electric cars. “To realize his climate ambitions, Mr. Biden needs to benefit as many electric vehicle manufacturers as possible.” Bloomberg comment. Meanwhile, the Canadian government requires that all vehicles sold starting in 2040 will produce zero emissions. The province of Québec will ban the sale of new gasoline-powered passenger cars from 2035. British Columbia will completely ban the sale or rental of gasoline-powered cars and trucks by 2040. Norway also introduced subsidy programs to boost sales of electric vehicles, including direct support of 4,000 euros ($4,874) to users, a 50% subsidy on vehicle prices and the cost of station construction and installation. charger for the manufacturer. A plan to change petrol cars to electric cars is necessary to address climate problems. Photo: Reuters. Along with that is a discount on fast charging service, free parking, fees for ships, boats, harbors, and the use of bus lanes; some road and ferry fees are waived. Taxes exempted for electric vehicles in Norway include fuel, road, and vehicle taxes. Meanwhile, Japan also exempts taxes related to vehicle ownership, purchase and tonnage. In 2020, electric car buyers will receive a subsidy of up to $7,700 depending on the vehicle’s battery capacity. According to Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics, government support is essential if Vietnam wants to develop the electric car industry to catch up with the world’s trends and achieve its goals. on green growth. “The support policy demonstrates the tectonic role of the State, its commitment to accompany businesses so that they can grow up, reach out to the world, and raise the level of Vietnamese people. Behind this policy is a very important political meaning, not just economic support,” said Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.

Accordingly, Pan Macmillan bought the global copyright (except for Vietnamese in the Vietnamese market) and sold the copyright to 5 countries including the US, Korea, China, Norway and Turkey. Private Wild Chang – Bear copyrighted by Kim Dong Publishing House and was released in March 2020 in Vietnam. The copyright representative of Kim Dong Publishing House said that it only took the two sides about 6 months to negotiate and come to an agreement to come up with suitable terms. The book Chang Wild – The Bear features more than 120 hand-painted paintings entirely in watercolor by artist Jeet Zdung. Photo: K.D. Wild Chang – Bear is the first volume in a series of comics by wildlife conservationist Trang Nguyen. The book tells the journey of Chang – a small girl with a burning dream and a desire to protect the survival of wild animals that are being pushed to the brink of extinction due to the bad effects of humans. . From meeting Sorya, a sun bear who was successfully rescued by the Bear Rescue Center from wildlife traffickers, Chang made up his mind to bring Sorya back to nature. Author Trang Nguyen shared: “This is a comic book about wildlife conservation that I and my artist friend were very passionate about, cherished for more than two years before starting to draw. In order to draw this first storybook, I “send” my artist friend to stay at the bear rescue center of the Free the Bears organization to observe, learn and most importantly feel about bears. rescued from farms that keep bears for bile, and even tiny cubs a few weeks old that are kidnapped and sold as pets.” And the result of more than two months of that experience is 120 vivid and realistic hand-painted watercolor paintings by artist Jeet Zdung. This book, not only tells the story of one person, but it also moves people’s hearts about the life of all species, the importance of nature, warns of the unpredictable harms of deforestation, killing of animals. wild animals. Wild Chang – Bear will be published in the UK next September with the English title Saving Sorya: Chang and the Sun Bear. The English version of Chang Wild – Bear will be published this September in the UK. Photo: K.D. The second book copyrighted by Pan Macmillan from the author Trang Nguyen is Saving H’non: Chang and the Elephants will be released in 2022. The series, based on true stories, follows the grown-up Chang rescuing an elephant that has been carrying passengers for 50 years. Russel McLean, a representative of Pan Macmillan, shared on the publisher’s website that he was excited to buy the rights to these two works by Trang Nguyen and Jeet Dzung. The stories about the little girl Chang will suit all young readers, animal lovers, those who love to explore and are ready for adventure into the natural world. Pan Macmillan is one of the major publishers in the UK as well as in the world, operating in 70 countries. Two books Wild Chang will be published under Pan Macmillan’s Macmillan Children’s Books in the UK, and Penguin Random House’s Dial Books in the US.

Australia – kangaroos Kangaroo is a symbol that just hearing people think of Australia. This country is also known as “the land of kangaroos”. This species mainly lives in grasslands, savannas, forests… Theo BBC For a long time, Australians do not have the habit of eating kangaroos. However, about a decade ago, they started eating it because it’s good for the environment. Australians are encouraged to eat kangaroo meat. Photo: Hypro. The country’s ecologists say the number of kangaroos has exceeded the control level, affecting the environment. In 2010, Australia had only 27 million kangaroos. Six years later, the number has grown to 45 million. Dishes with kangaroo meat can include steak, meatballs, barbecue, sausage. Some people have said that kangaroo meat smells like beef but is tougher, has a stronger smell than lamb. In addition to kangaroos, Australians also eat the emu bird (Australian ostrich), which is also the symbol of this country. Denmark – swan The swan is a symbol of Denmark and often appears with beautiful images in fairy tales. In many European countries, eating this animal is also prohibited. However, this is not a problem for the Danes. Eating swan meat is not illegal in Denmark. Photo: Hello National. Share on Esquire , Mario Batali, who once ate swan said its meat is deep red, lean. Some people say the meat of this species is smelly and chewy. However, the Cr8ive1 account of a cooking blog countered. This person said that after processing, swan meat is quite soft. You just need to keep the heat on medium, no need to cook too thoroughly. “Its taste is very interesting and controversial,” this person shared. However, you will find it very difficult to find recipes for swan meat online. Finland – brown bear The ancient Finns worshiped brown bears. There are 200 names for this species in their language. Finns today are used to calling nalle, otso and mesikämmen… Some other common names in the past include mettä, metsä, otava and mörkö. Bear meat is expensive food. Photo: Npr. However, nowadays, you can absolutely find restaurants serving brown bear meat in Finland. It can be used as a steak or burger. In this country, about 150 bears are hunted every year. The hunter has the right to own it. Hunters often keep the feathers and sell the meat. However, bear meat needs to go through many rigorous tests before reaching users to avoid worm diseases. Usually, bear meat is sold whole, not retail. Some people have said that the bear paw cooked with goose fat is the most famous. Each piece of bear meat usually costs about 160 USD. “You’ll need a glass of red wine to savor the meat”, blog owner A Luxury Travel to speak. Saudi Arabia – camel Not many parts of the world love camel meat like Saudi Arabia. According to the World Atlas Camel meat is a staple of the country’s diet. Statistics for 2020 of Global Trade Mark shows that Saudi Arabia is the largest consumer of camel meat (113,000 tons), far ahead of the UAE (2nd place, 35,000 tons). Camel meat is consumed in huge quantities in Saudi Arabia. Photo: The Food Ranger. Camel meat is high in protein, low in fat and has almost no saturated fat. It contains many amino acids, iron, glycogen that help support the growth of nerve cells. There was a time when the MERS epidemic raged, camel meat lost its place because studies showed the animal was an intermediary that spread the virus to humans. Spain – bulls For a long time, the people of the country of gaur have not hesitated to eat the meat of their national symbol. The Spaniards are famous for letting the bulls fight each other to the death and then eat the meat. The Spanish-style stewed oxtail is very famous. Photo: Travel + Leisure. “The meat is very tough. We have to cut it first and cook it with red wine overnight. Then it needs to be stewed for another four hours before serving customers,” said a local restaurant manager. If you go to Spain, you should probably try the stewed oxtail. This is considered the most delicious dish from the gaur.

Polish Health Minister Adam Niedzielski (Image: Thefirstnews) According to Minister Niedzielski, in addition to the certificate using the software application, people will be able to request a hard copy at any medical facility or vaccination center. The official start of the Covid-19 certification system will take place on July 1. Fully vaccinated people with EU Covid-19 certificates will be exempt from travel-related restrictions such as testing or quarantine. The EU Covid-19 Digital Certificate was proposed by the European Commission in April to facilitate safe and free movement within the EU during the Covid-19 pandemic. Currently, in addition to Poland, there are 6 other EU countries that have issued Covid-19 certificates. It is expected that all EU countries will introduce this solution on July 1 (with a transition period of 6 weeks).

In 2020, smartphone vendors sold about 1.38 billion smartphones worldwide. And the number will continue to increase in 2021 with a predicted number of over 1.53 million units. 10 countries with the most smartphone users (Source: Statista) Survey data by market research firm Statista shows that, as of May 2021, China is still the leading country in terms of smartphone users with nearly 912 million people. Although the number is less than half, but India also ranks second after China with over 439 million units. These two countries will continue to top the rankings by large populations and are considered as markets with strong growth potential given the relatively low smartphone adoption rates, Statista commented. Among Southeast Asian countries, Indonesia and Vietnam are the two markets with the highest number of users. The data shows that Indonesia has up to 160.2 million smartphone users and ranks 4th in the rankings. Vietnam has 61.3 million users, in the top 10 countries with the largest number of smartphone users in the world. The Philippines and Thailand have lower user rates, with 41.3 and 37.8 million users, respectively. The smartphone penetration rate can be used as an indicator to measure how advanced a country’s economy is. The number of smartphone users and smartphone penetration rate are also considered as one of the bases for the development of the digital economy. In 2020, the smartphone penetration rate in Vietnam ranked 9th with an index of 63.1%, higher than Indonesia with a penetration rate of 58.6% and the Philippines at 37.7%. Vietnam is also considered as a potential and high-growth digital economy market in Southeast Asia. According to a report by Google, Temasek and Bain & Company, in 2020 Southeast Asia’s digital economy will see the growth of e-commerce, food delivery and online media amid the pandemic. Accordingly, digital payments will reach 620 billion USD in 2020 and are expected to reach 1.2 trillion USD in 2025. Online media also posted 22% growth, reaching $17 billion in 2020. This was driven by the explosive growth of video streaming service providers (video streaming), the growth rate 12 times in Vietnam and 18 times in Thailand. According to the assessment, Vietnam and Indonesia are two countries that have recorded double-digit growth for the digital economy. In which, Vietnam’s digital economy has a total value of about 14 billion USD and is expected to reach 52 billion by 2025, with an average growth rate of 29% from now until then. In the context of the pandemic, the Internet economy in Vietnam recorded growth in transportation, food, e-commerce and fintech.

Countries are looking for ways to encourage people to get vaccinated against Covid-19. Photo: Getty Starting May 27, the first two million Californians to get vaccinated will each receive $50 in cash or a gift card. California Governor Gavin Newsom said this is part of an effort to promote vaccination as the state prepares to fully reopen the economy on June 15. “I announce the application of incentive cards. Two million cards will be applied on a first-come, first-served basis. If you’re 12 or older, you can get a credit card or $50 cash,” Newsom said. 10 Californians vaccinated before June 15 also have a chance to win a $1.5 million lottery prize. States and private organizations across the country also offer a variety of incentives to convince people to get vaccinated, from free baseball tickets and beer, to college scholarships and cash. Meanwhile in Iraq, the private sector is also launching initiatives to support the government’s vaccination program. A cafe in the capital Baghdad announced free service to customers who have been vaccinated. You just need to show the vaccination certificate, you will be served free delicious coffee in the shop. Shop owner Yasser Alaa said the initiative was meant to emphasize the importance of vaccination. “I think we should expand the initiatives. Life is returning to normal thanks to vaccines. We have no weapons other than vaccines in this battle. We want to urge people to understand the importance of vaccines,” Alaa said. In Chile, if you get the vaccine, you will receive a “travel pass”, which allows you to move freely within the country. “This helps to make it easier for people who have had enough vaccinations to meet and have more contact with their loved ones,” said Chile’s health minister. However, there are limits to who can receive the card. They are not allowed to travel during the curfew, respecting public health regulations. Other measures including wearing masks and social distancing must still be observed. Freedom of movement does not include travel abroad, and the “Travel Pass” will use a QR code, allowing the government to change people’s status instantly if they become infected. The European Union’s “digital certification of Covid-19”, which requires users to have a Covid-19 vaccine, is expected to take effect from July 1, is also a motivation for people to European countries speed up vaccine coverage. There is still a fear of vaccination not only in Africa but also in developed countries such as Europe or the US. Practically any vaccine has an adverse reaction. This is true for every drug, pharmaceutical, and even food. However, according to the assessment of the World Health Organization, the risks posed by vaccines are much lower than the benefits. The incidence of adverse reactions is very low. Therefore, we should not be too concerned to ignore a powerful weapon in the fight against this dangerous virus.

Australia is always hot, because many tourists see at Christmas people wear bikinis to swim in the sea. But the truth is not so. Sydney Beach on a Christmas Day. Because it’s in the southern hemisphere, winter in Australia is summer in many other countries. Photo: AAP “Many tourists still think that Romania has vampires. Perhaps they are obsessed with the famous novel about Dracula. In fact, in 700 years, we have not seen a single vampire,” a Romanian citizen shared. “Kenyans are all track and field athletes, live in tents, don’t speak English and keep wild animals as pets,” is a misconception that foreigners have about this African country, according to the Kwnet account. “Finland does not exist. God,” shared Lawwi’s account. “I am from Serbia but people keep thinking that it is part of Russia. They are mistaken for Siberia,” said one tourist. Many people have been confused between two lands: Serbia (a country in the Balkans and Siberia (a large land of Russia, approximately the size of Canada). When someone introduced them to being from Belgium, a lot of people assumed they could speak French. In fact, the main languages ​​in Belgium are Dutch, French and German. Many tourists often confuse different European countries as one. For example, they often mistake Switzerland/Sweden, Belgium/Belarus or Slovakia/Slovenia. “Many people think Greece is just beaches and islands, and summer. But we also have beautiful places to visit in winter, like the mountains. And we also have land,” explained one Greek resident. Referring to England, many people think that they are guests who like to drink afternoon tea and love football. In fact, not all British people have this passion. “When I say I’m from Brazil, everyone thinks I know how to dance samba and am passionate about football. And Rio de Janeiro is the capital. But all three are wrong.” Many visitors mistakenly think that Canadians all drink maple syrup, there are a lot of elk and “sorry” is everyone’s catchphrase. According to Bright Side/VNE

Mr. Tran Van Hai from Lang Son said that for the past few years, his family has specialized in purchasing, preliminarily processing and refining all kinds of cake wrapping leaves. In the past, people only took bamboo to make their house, cook, make firewood, make cakes and leave the leaves behind. But in the past few years, fresh bamboo leaves have been picked up by many people, bought and sold to traders who export to Taiwan for 10,000 VND/kg fresh bamboo leaves and 40,000 VND/kg dried bamboo leaves. Eight degree bamboo leaves are purchased and exported to Taiwan Đài “Myself and my family never thought that bamboo leaves could be sold abroad. It was not until a contact to buy bamboo leaves for traditional cake packages in Taiwan made me know that bamboo leaves could be sold and exported to foreign countries. From there, my family went to get bamboo leaves to sell. When the collection is not enough, hire more workers and advertise online to buy bamboo leaves in other localities in any quantity, “said Mr. Hai. According to Mr. Hai, with fresh bamboo leaves, he buys them for 7,000-10,000 VND/kg. As for dried bamboo leaves, he buys them for 35,000-40,000 VND/kg. All must be octagonal bamboo leaves (also known as Buong). The weights of bamboo leaves are purchased to ensure the quality criteria, the leaves must be large, not torn, still green and absolutely not yellow. Each leaf is about 38-40cm long, 8cm wide or more. “Bamboo is very different from ordinary bamboo leaves. They are much larger in size. When bought, fresh bamboo leaves will be exposed to the sun for about 2 days. The leaves are then counted and clamped onto a bamboo stick. At this time, dry clean, bring bamboo leaves into the oven to dry and then sort and pack,” Hai said. The bamboo leaves that are completely cleaned by natural and chemical-free methods will be exported to Taiwan to be used as packaging materials for cakes, food packages, etc., and are loved by the people of this country due to its taste delicious and long lasting. “The type of cake that the Taiwanese side often wraps with bamboo leaves is like Vietnamese chung cake. However, because it is wrapped with bamboo leaves, the cake has a characteristic aroma. In addition, the type of cake wrapped from this leaf is very easy to peel, keeps for a long time and does not go stale as quickly as seaweed and banana leaves. From the end of April to October of the solar calendar every year is the autumn to buy eight degrees of bamboo leaves. Therefore, many personal facebook groups go to groups to sell and buy fresh and dried bamboo leaves in unlimited quantities. There, the atmosphere was jubilant because many bamboo growers in different places asked about the purchase price as well as the instructions for collecting and transporting fresh and dried bamboo leaves. For long-term business cooperation, all establishments that register to sell fresh and dried bamboo leaves Mr. Hai come to the place to collect and check. “I have to go down to the place to instruct the individual establishments that collect bamboo leaves to ensure that the leaves are not torn, beautiful green color and especially large. Come to the place to see the specific item once. Next time, they just do that, then I decide to buy, avoid wasting both parties’ time, “he said. Currently in Yen Bai, Bac Giang, Thanh Hoa, Soc Son – Hanoi… there are a lot of people growing bamboo and poplar trees. They only use the tree and leave the leaves empty. Therefore, he went to teach how to collect leaves and now they become agents, helping his establishment to buy fresh and dried bamboo leaves up to a few kilos/day in the locality.

Earlier, on May 5, the administration of President Joe Biden supported the removal of vaccine patent protection to speed up production around the world. If approved by the World Trade Organization (WTO), the move would allow other countries to create their own vaccines. However, according to reviews from Reuters , patent cancellation will not solve the current pressing problem: There is a worldwide shortage of vaccine components and equipment. Meanwhile, the United States, which holds a significant amount of vaccine production materials such as filters, tubes or specialized bags, is not ready to share with many other countries. Stickers are given to people who have received the Covid-19 vaccine. Photo: Reuters. America’s “Priority” Act This action stems from America’s reliance on a 1950s Korean War-era law, known as the Defense Production Act (DPA), which allows federal agencies to prioritize orders defense-related purchases. For decades, the law has been used to provide military supplies and respond to everything from natural disasters to biennial census disruptions. The government of former President Donald Trump later invoked this law to put the US government at the top of the list to buy vaccines and other products made by the US to fight the epidemic. When talking about the DPA, Gavi – a vaccine alliance that includes international organizations, governments, pharmaceutical companies and many others – commented: “The biggest challenge in COVAX’s goal to achieve Equal access to vaccines is a limited global supply.” “Export controls on raw materials are a significant cause of this phenomenon and ultimately only prolong the pandemic,” the organization stressed. However, a senior Biden administration official said there is no export ban and all US-based suppliers have shipped products overseas after prioritizing manufacturers in the US. country. The official said the DPA does not cause a global shortage of vaccine materials, and the problems stem from overwhelming demand. Complaints from India Even with access to vaccine patents, countries hit hard by Covid-19 like India cannot produce vaccines without raw materials. The number of Covid-19 cases in India has been increasing continuously recently. Photo: Reuters. With the DPA, factories helped the US build a giant vaccine production system. About 45% of the US population has received at least one dose of the Covid-19 vaccine. Meanwhile, according to data collected at the University of Oxford, UK, dozens of other countries, from South Africa to Guatemala, to Thailand, have only immunized about 1% or less of their population. The US DPA has been criticized by many vaccine manufacturers around the world, including the Serum Institute of India, the largest producer globally. On Twitter in late April, CEO Adar Poonawalla “on behalf of the vaccine industry outside the US” asked the US to lift its hold on raw materials “if we really want to unite to defeat this virus.” “. Starting in May, the company plans to produce billions of doses of the vaccine annually developed by the US-based company Novavax. However, the quantity would probably be more than halved without raw materials from the US. South Africa’s Biovac vaccine production institute also relies on an American company to produce bioreactor bags, the material needed for cell culture. CEO Morena Makhoana said Biovac was warned by its US supplier that product delivery times could be double the usual time to 14 months because of the DPA. “Unexpected demand” Some suppliers say the vaccine industry can do a better job than governments at managing limited resources to maximize global reach. “If the ultimate goal is to produce a vaccine, then we believe (the government) needs to let the industry connect with its stakeholders to be able to deliver the end product,” said Thermo Fisher Vice President, Thermo Fisher, Mr. Michel Lagarde, said. A Biden administration official said experts from various federal agencies discussed the US prioritization system. Officials can sometimes change delivery dates for the country to avoid disrupting vaccine projects in other countries. However, this is not enough when vaccine suppliers around the world are planning to meet demand. Accordingly, Cytiva, Pall and Thermo Fisher are expanding their production space in the US and abroad. Johnson & Johnson’s Covid-19 vaccine. Photo: AP. Thermo Fisher urged customers to clarify which needs are urgent and which can wait. Even so, Mr. Lagarde said the company still tries to fulfill orders even if they are not considered a priority. Cytiva also announced it is expanding production, but the process will be limited by raw material shortages. “The world is experiencing unprecedented demand for biopharmaceutical products, technologies and solutions,” said Cytiva.

Many European countries hope that the rate of Covid-19 will decrease, the gradual lifting of restrictions will help revive tourism. In Europe, the overall incidence of Covid-19 is decreasing along with increasing vaccination rates for the Covid-19 vaccine. As a result, many countries in the continent are gradually lifting travel restrictions, offering hope for a recovery to the tourism industry. European leaders are also discussing the technical requirements for the Digital Green Certificate, a vaccine passport, to be adopted across the region. On May 8, European Commission President Uraula von de Leyen said that the certificate would come into effect from June. In Austria, from May 19, restaurants, hotels, theaters and sports centers will reopen to welcome visitors with negative Covid-19 test results. These reopening plans will coincide with the removal of quarantine rules for incoming travelers, and facilitate entry for travelers who have been vaccinated against Covid-19, who have tested negative. as well as those who have recovered from Covid-19. The Polish government has allowed hotels to reopen at 50% occupancy. Outdoor dining will also be allowed starting May 15, and from May 29, guests will be able to dine in the restaurant. Foreign visitors to Poland are required to self-isolate for ten days upon arrival unless they present proof of a negative test result for Covid-19. Those who have been fully vaccinated and those who have recovered from Covid-19 are not isolated. Portugal: After about five and a half months, the state of emergency was lifted on May 1. As a result, restaurants, cultural and entertainment centers are now allowed to stay open until 10:30pm. In addition, the border with Spain is reopened. However, travelers from countries with a 14-day Covid-19 incidence in excess of 150 are still barred from entering Portugal. In Croatia, hotels are allowed to host guests and restaurants can open for al fresco dining provided certain conditions are observed. To be admitted, visitors must present a negative PCR test result for Covid-19, or certify that they have recovered from Covid-19, or have been fully vaccinated with the Covid-19 vaccine. Denmark: Shops have reopened, but to dine indoors, guests must use the app to prove that they have tested negative, have been fully vaccinated or recovered from Covid- 19. Fully vaccinated people from EU and Schengen countries are allowed to enter Denmark provided their country is classified as “orange” or better, meaning there is a risk of infection. Covid-19 is lower. France is slowly opening up. Residents are now allowed to travel more than ten kilometers from home without giving a reason, and are allowed to make domestic trips. The curfew was applied starting at 7pm, but from May 19, the curfew was moved back from 9pm. After that, restaurants will be allowed to serve outdoor guests, and shops and cultural and arts centers will reopen. In Greece, outdoor areas of restaurants are allowed to reopen, but shops are required to close before 10:45 pm and a curfew is in place starting at 11 pm. Vacationers who wish to enter the country are required to update their personal data online, present a negative PCR test result for Covid-19 or a certificate of full vaccination against the Covid-10 vaccine. Greece does not require visitors to self-isolate. Italy is gradually lifting restrictions to prevent the spread of Covid-19. In areas with lower Covid-19 incidence, restaurants are allowed to serve guests outdoors even in the evening, but a curfew is in place starting at 10 p.m. Museums and cinemas in the “yellow zone” have reopened. Italy plans to welcome tourists back to the summer tourist season from June 2 to June, but has yet to put in place restrictions on visitors. The Covid-19 situation in Spain has eased considerably, with many restrictions lifted, but some regions still plan to maintain curfews for the time being. Residents and visitors are still required to wear masks in public. Spain has allowed to open its doors to visitors from EU and Schengen countries. But visitors from high-risk Covid-19 areas are still required to present a Covid-19 negative test certificate. To fly to Switzerland you will need to test negative for Covid-19, but this does not apply to arrivals by land. Only travelers arriving from high-risk areas are required to self-isolate. Hotels as well as museums, shops, theaters and theme parks will reopen. However, restaurants are only allowed to serve outdoor guests with a limit on the number of guests. Switzerland still maintains social distancing rules and wears masks.

The island nation of Maldives is a tourist attraction. (Source: business-standard) The Maldives Islands have decided entry ban for people from South Asian countries; including India, in an effort to prevent the spread of the acute respiratory infection pandemic COVID-19 . The Maldives Ministry of Tourism on May 12 said: “The Maldivian government has decided to temporarily stop issuing tourist visas to visitors from South Asian countries like Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan and Sri Lanka.” The ban also applies to passengers who transit more than 24 hours in these countries and who have been to these countries within the past 14 days. Meanwhile, guests from other countries are still allowed to go to the Maldives resort islands if available negative PCR test within 96 hours before entry, but do not have contact with local people. Previously, the Maldives has reopened tourist resorts from July 2020 after 3 months of closure against the epidemic. But the country has recorded a record high number of new infections per day (1,500 cases on May 11), while a month ago, this number was less than 100 cases / day.

Traditional clay is an integral part of Moroccan cuisine. The Tajine pot has a special shape with a high and pointed lid. The pot will cook the food without losing the nutrients in the food. Double-headed eggshell cutter (Germany) Boiled eggs are an indispensable breakfast dish of the Germans. But peeling eggs is not easy. Therefore, the Germans invented this tool. It helps to remove the “head” of the shell from the egg in a neat way. The lids have different shapes, but the same function. This is the perfect spoon substitute. Small coffee machine (Italy) In 1933, the Bialetti company introduced the first small coffee machine (Moka pot). And it became the symbol of Italian coffee later. Since that time, these machines have become a favorite kitchen appliance for Italians. Stone bowl (Korea) The stone bowl is used to make bibimbap, which consists of rice mixed with meat and vegetables. Dishes placed in ice bowls can be cooked even when removed from the stove. That’s why people need to reach the ice bowl under a coaster so as not to damage the dining table. Bamboo steamer (China) Many Chinese families use bamboo steamers every day. This pot is eco-friendly, does not burn food and can be eaten immediately. Armudu Cup (Azerbaijan and Turkey) The Armudu cup is pear-shaped, so it doesn’t burn your hands because the glass above the cup doesn’t get hot. In addition, the bottom of the cup does not cool quickly and keeps the tea hot when drinking. These cups are used in Azerbaijan and Turkey. Raclette Grill (Switzerland) Raclette is both the name of the famous Swiss cheese dish and the grill. Raclette will cook the cheese underneath the food grill. Paellera pan (Spain) Paella is a Spanish specialty made from rice and seafood. The pan to cook this dish is called “paellera”. It is not deep but has a large diameter that can cook for the whole family. Thali (India) Thali is a large tray with rice in the center and many other small bowls of gravy, snacks and various dishes. This is a popular tool of the Indians.

Thailand Thailand is the first country to announce the national costume. It seems that to avoid the possibility of matching the national costume with Laos, Thailand has published an image of the national costume for the competition. Miss Universe from the end of 2020. Representative of Laos at the competition Miss Grand International 2020 took place earlier this year, also selected the image of Siamese fish in the national costume contest. The set Trirong Anongnat Suphanmacha of Thailand’s representative to attend Miss Universe this time was created with the inspiration of Mrs. Suphan Macha in the epic series Ramayana . Suphan Macha transforms into a Siamese fish, Thailand’s iconic animal with magical colors. The three colors of the Thai national flag are cleverly incorporated into the colors on the swaying fins. Siamese fish also known as Warriors of the Siam River ( River Fighter of Siam ), known by the Vietnamese as “Thai fighting fish”, is the national aquatic animal of Thailand with a history of more than 100 years and is world-famous. Indonesia The Indonesian representative’s national costume is inspired by the Komodo dragon, the heaviest lizard on Earth, and is said to be “the creature with the last connection to prehistoric dinosaurs”. Komodo dragons can only be found on the islands of Indonesia, so it is understandable that the representative of this country chose Komodo for the national costume. The outfit is even illuminated at the neck and gloves thanks to the LED system mounted inside. Laos The representative of Laos brought to Miss Universe the 69th time an extremely expensive costume, the cost of making it set This item amounted to nearly 280 million VND. The costume shows a lot of beauty and rich culture of Laos, from famous landmarks (mounted on umbrellas), to the four-headed god in the Lao New Year story. Malaysia If talking about the level of “hacking” then perhaps no Southeast Asian country can compare with the national costume of Malaysia. The representative of this country brought to Miss Universe a 45kg 2-in-1 national costume called Kampungku, with the image of 2 meticulously and elaborately built houses. The first house is quite simple, reminiscent of childhood memories of Malaysians. Miss Malaysia will step out to greet the audience for a while and then return to the house, rotate 180 degrees to flip to the second house, and during this time, she must also change her outfit as quickly as possible. body, then walked out in a completely different dress. This second home is inspired by the beauty of the sunset and Malaysia’s Sarawakia heritage. Malaysia’s national costume design this time received great admiration and encouragement from domestic and international fans. And if Miss Malaysia wins the Best National Costume award of Miss Universe The 69th time is no wonder. Cambodia The Cambodian representative brought to Miss Universe this time an outfit called “Khmer Puppet” ( The Khmer Puppet ), the costume is handmade, beaded extremely sophisticated, showing the unique tradition of the Khmer. The national costume of Miss Cambodia this time is highly appreciated, praised for being much better quality than previous international competitions. Myanmar According to the previous official announcement, Miss Myanmar brought a very special costume to the 69th Miss Universe. The outfit with the image of a doll. PyitTineHtaung , which means “no matter how hard you try to push me down, I will still get up”. This is also a meaningful message to mention the spirit of the current Myanmar people, they will not give up no matter how confusing the country’s situation is. However, it seems that due to the loss of luggage, Miss Myanmar appeared in the contest with a completely different national costume, she was holding a board. Pray for Myanmar (Please pray for Myanmar ) onto the stage. Philippines The representative of the Philippines decided to hide the national costume until the end, not revealing any pictures until the official Miss Universe national costume contest. However, before that, the details of the outfit were also revealed by Miss Philippines to the media. Inspired by the logo of the Miss Universe Philippines pageant with the blue and red colors of the national flag, plus an image of a woman reaching for the stars. Compared to the costumes of the representatives from Southeast Asia, Miss Khanh Van’s Coco Em is also considered extremely sophisticated, however, the color is somewhat faded when performing on stage. .

The ceramic pot has a special shape with a high and pointed lid, which helps the food to be cooked by steam, without losing nutrients. This pot is quite common in Moroccan cuisine. “Chawan” is the name of a traditional cup used to drink tea in the “land of the rising sun” Japan. The characteristic of “chawan” cups is that they make the user feel comfortable when drinking, holding, holding and can keep the temperature for a long time. is a type of traditional bowl for making and drinking tea. Chawan has many different shapes, sizes, materials and is quite sophisticatedly crafted. Dolsot is the name for the stone bowl, which can keep food amazingly hot. This bowl is mainly used to prepare mixed rice dishes, raw beef and eggs can be cooked as soon as they are placed in the rice bowl. If you place this special bowl directly on the table without any protection, you may damage the table. Bamboo steamer is popular in Asian countries, but in the West it still brings a lot of fun and curiosity. These steamers have the advantage of being environmentally friendly, do not burn food and you can enjoy the food right after it has been steamed without having to use too many dishes. This pear-shaped cup is widely used in Azerbaijan and Turkey. It has the interesting advantage of keeping hot drinks underneath without helping the user to burn their hands. Raclette is the name of the famous Swiss cheese dish and is also the special name of a special tool that helps cheese to melt under a large pan of food. One of the famous specialties of Spain is Paella rice, which is made from roasted rice and seafood. The pan is not deep but has a large diameter that can serve the whole family. Italy, the country of pasta, is very popular with these noodle machines. Even this machine is cherished and cherished as an inheritance gift from generation to generation.

Arbez Hotel is a 2-star hotel located in the town of La Cure, 5 km north of Geneva, Switzerland. This is a small, beautiful, cozy hotel built in the nineteenth century, is a suitable getaway for skiers. In 1862, when the French and Swiss governments decided to change the border line in the Dappes valley. With the foresight, businessman Monsieur Ponthus decided to build a building on family property for cross-border business. In February 1863, when the border treaty came into effect, the building was also completed. Mr. Ponthus then opened a bar in France and a souvenir shop in Switzerland inside the building. In 1921, businessman Jules – Jean Arbeze acquired this building, turning it into a unique multinational hotel and officially renaming it Arbez Franco-Suisse. The hotel viewed from the French side. In the bottom corner is an image of a landmark located next to the wall of the house. The dining room, kitchen, hallway and some rooms are located between the border of the two countries. Photo: Hotel Arbez Franco-Suisse, March 2012. The border line cuts across the stairs. The entrance to the hotel from the French side. The border line runs through the hotel dining room. Everything in the hotel is decorated in parallel with two symbols of France and Switzerland. A border landmark behind the hotel. Viewed from the air, the French and Swiss border runs through the hotel.

The porter is sending the boxes of vaccines to Jumla (Nepal). Photo source: UNICEF The corona virus has spread to every continent, now infecting at least 128 million people worldwide. How widespread the epidemic was, devastating economies there. Many people in Africa, Asia and Latin America are waiting to be vaccinated. So far, nearly 600 million doses of the vaccine have been used around the world, but two-thirds of them are in just six countries. About 60% of Israelis have been vaccinated once, 50% of Britons have been vaccinated, and 1 out of 10 Germans get it. In Namibia, where a population of more than 2 million people, less than 1500 people are vaccinated. Aside from Namibia, no African country has received the vaccine. To prevent that, the COVAX project was born. WHO started COVAX a year ago, and the Vaccine Coalition (GAVI) and the Alliance for Epidemic Preparation Innovation (CEPI) are participating in nearly every country in the world. The goal is to have the 92 poorest members receive as many vaccines as the 98 richest members. It is expected that by the end of 2021, each country will receive the vaccine for 1/5 of the population. UNICEF wants vaccines to reach their destination, making them available to people regardless of race or wealth. So how can COVAX achieve its ambitious goals? Project 2 billion doses of vaccine to reach poor countries Mr. Benjamin Schreiber, COVAX Coordinator in Connecticut (USA) affirmed that the biggest challenge for countries is “preparing to vaccinate in a short time”. COVAX’s stated goal is to ship 2 billion doses of vaccine by the end of 2021, equivalent to 850 tons of vaccine / month and 1 billion syringes. Thousands of vaccine containers will reach the remotest corners of the earth by means of vehicles: Jeeps, boats, drones, and rickshaws. Countries receiving vaccine aid are diverse, some with developing economies, some with underdevelopment. Mr. Benjamin Schreiber, COVAX Coordinator in Connecticut (USA). Photo source: Katharina Poblotzki / Der Spiegel. Countries were required to send documents to UNICEF on how they plan to manage vaccine aid logistics: Which part of the population needs the vaccine most; Vaccine distribution plans from the airport to the rest of the country. On February 24, 2021, the first COVAX shipment landed in Ghana. By the end of March 2021, UNICEF had shipped 20 million doses of the vaccine to 47 countries. The strength of manufacturers The Indian Serum Institute (SII) is headquartered in Pune (West India), the world’s largest vaccine factory with 2.4 million doses of vaccine per day. SII is the creation of the vaccine that is being used to reach many parts of the world and its cost cannot be replicated right now. Of the more than 39 million doses of vaccine shipped by COVAX to date, 28 million have come from the Pune laboratories. India is a major supplier of COVAX. Currently, the country mainly produces vaccine AstraZeneca. But at the end of March 2021, the Indian government decided to stop the export of vaccines to a minimum when the number of new corona virus infections increased rapidly in this country. The New Delhi government’s decision to stockpile vaccines means COVAX will delay delivery of 90 million doses of vaccine to 63 receiving countries. There is currently no alternative manufacturing solution outside of India. The plane was carrying carton boxes containing COVID-19 vaccine at Mumbai airport in Maharashtra state (India) on 24 February 2021. Photo source: UNICEF / UN 0421823 / COVAX. Mr. Mounir Bouazar (head of the logistics division of COVAX in Copenhagen) has been preparing for 3-4 months for the first shipments of vaccines. By the end of 2020, Bouazar is certain that half a billion syringes will be distributed to four UNICEF warehouses in Copenhagen, Dubai, Panama and Shanghai. Now COVAX will deliver thousands of vaccines to their destination every day. But a pandemic makes it more difficult, with few or no flights due to limited travel. No flights to East Timor or the Pacific island nation have been requested by UNICEF. Vaccines and syringes moved to Yemen had to go to Nairobi, where Bouazar rented a small plane to carry vaccines and syringes. Bouazar hopes to ship more vaccines by mid-2021. There is an idea to make Bouazar’s work smoother right now: Suspend intellectual property rights to vaccines in a limited way during a pandemic. India and South Africa have filed requests to the World Trade Organization (WTO) to suspend the COVID-19 vaccine and drug patents, which are supported by 100 countries. Then other companies can also make vaccines. COVAX coordinator Benjamin Schreiber is deploying COVID-19 vaccine to the poorest and most isolated countries in the world. Connecting with him are 2 colleagues of UNICEF branches in Panama and Haiti – 2 countries with immunization delays. In Haiti, the vaccination team is ready, but problems are hampering vaccine shipments. Fuel in Haiti is quite expensive, roads are poor … Schreiber persistently connects with people in Haiti every day. Nguyen Thanh Hai ( (According to spiegel, April 24, 2021) )

Artwork: Teslarati.com According to NASA’s announcement, the contract to bring astronauts to the Moon as early as 2024 was signed with a value of nearly $ 3 billion. The contract will use the prototype spacecraft Starship, designed for a large crew with the necessary equipment for space exploration missions. Starship ships can land vertically on the surface of the Earth as well as other planets in the universe. So far, test flights have not been successful, but the group is working to build new test vehicles. NASA expert Lisa Watdon-Morgan said: “We have selected a partner and are preparing to implement the next phase. “We have to make sure to run the tests because we won’t send people to the Moon until the trials are successful.” Unlike the Apollo lunar landings between 1969 and 1972, NASA is currently preparing for a permanent presence on the Moon, a stepping stone to an even more ambitious plan, that is. is to send astronauts to Mars. This decision by NASA makes the race to conquer the Moon and other planets in the universe between the US and other powers becomes hotter. In the latest move, China’s aerospace science community on April 24 affirmed that this country is a cosmic power, capable of exploring space, exploring deeper areas in the universe by unmanned vehicles. . Scientists in this country also did not hide their ambition to bring people to the Moon soon. Chinese Academy of Sciences scholar Ye Peijian, Ye Peijian, said: “We are planning to conduct asteroid probes. We will accomplish this mission in 10 years. We also hope that China will soon be able to send people to the Moon in the near future. In early December 2020, China announced that the Hang Nga 5 probe had landed successfully and placed a flag on the surface of the Moon. This is the third successful Chinese landing in the past 7 years. Once a weak country in the space race, China has continuously developed aerospace programs in recent years with the ambition to conquer new territories. In early March 2021, the Russian Space Agency Roscosmos said that the country and China signed a memorandum of understanding to build a lunar space station together. The space station will be designed as a complex of experimental research facilities that operate on the surface or orbit of the Moon. Russian officials also announced that they will try new boosters to continue their lunar exploration program this year. Besides the US, Russia, China, some other countries such as Japan, European Union, India, Korea, Israel, South Africa … also announced ambitious Moon exploration programs in the coming time. Besides the Moon, conquering Mars is also becoming a target of fierce competition among countries. Just in February, the American Perseverance self-propelled vehicle, China’s Tianan-1 spacecraft, Hope of the United Arab Emirates (UAE) visited Mars one after another. According to space experts, the polls have different objectives but all show the interest of space powers to the Red planet. Not only is it intended for military and civilian purposes, the future space race is also related to economic benefits estimated to be worth trillions of dollars./.

Latvian Foreign Minister Edgar Rinkevich announced that he would expel a Russian diplomat and said he would “not allow hostile operations in his or her own territory”. Consecutively, many EU countries expelled Russian diplomats Meanwhile, the Estonian Foreign Ministry has also issued a decision to expel a Russian diplomat involved in the explosion of the Czech army’s ammunition in 2014. The Estonian side confirmed, this incident is clear “vi violating international law, undermining the security and stability of Europe and is unacceptable “. New diplomatic tensions with Russia began after the Czech ordered 18 Russian diplomats to leave the country on suspicions they were involved in a 2014 ammunition explosion. Russia responded by expelling 20 Czech diplomats after denying Prague’s accusations. Confrontation between the two countries continued to escalate, with the Czech demanding that 63 Russian diplomats leave the country. Before three countries Baltics, Slovakia, Bulgaria and Poland also announced the deportation of Russian diplomats respectively.

According to the Kremlin’s announcement, Putin signed the decree relating to “diplomatic missions and consulates, representative offices of foreign agencies or organizations” that act against the state, Russian people or organizations, collectively referred to as “hostile foreign countries”. Accordingly, “unfriendly countries” will be restricted – or in certain cases banned – from hiring or employing Russian nationals. Russian President Vladimir Putin. Photo: TASS The Russian government is tasked with determining the number of Russian staff that can be hired by foreign agencies and representative offices in Russia. The Ordinance states that the number of employees in foreign agencies and representative offices in excess of the prescribed number of Moscow government, even though there is a contract before the decree is signed, will have to be terminated. . This decree does not affect diplomats, consulates or citizens of the country where the representative office is located in Russia. The Russian government also has the task of making a list of “hostile foreign countries” and overseeing the implementation of restrictions or bans, as well as ensuring the rights of Russian citizens who are represented by agencies or offices. Foreign labor contract termination due to this ordinance. The Ordinance will take effect from the date it was officially announced, that is, April 23, and will be enforced until these responses are canceled. The Kremlin noted that the decree was consistent with current provisions of Russian law, including a federal law on “responses to unfriendly acts of the US and other countries”. Russia’s decree was issued in the midst of Moscow facing waves of expulsion of Russian diplomats. Germany, Poland and Sweden expelled three Russian diplomats in response to Moscow’s expulsion of three European diplomats for involvement in protests demanding the release of Russian opposition figure Alexei Navalny. The US expelled 10 Russian diplomats for alleged election interference and cyber attacks. Ukraine expelled “a senior diplomat” from Russia after Russia detained and expelled a Ukrainian consulate-general on allegations of espionage. Most recently, the Czech Republic expelled 18 Russian diplomats over allegations that the Russian secret was involved in two explosions of ammunition depots in the Central European country. Because of “solidarity with the Czech Republic”, Slovakia, Lithuania, Latvia and Estonia expelled many Russian diplomats. These moves led to a series of “reciprocal” retaliation measures between Russia and these countries, making relations between Moscow and the West even more tense.

The new leadership of Vietnam: General Secretary Nguyen Phu Trong, State President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh and Chairman of the National Assembly Vuong Dinh Hue. Photo: VNA * Letter and congratulatory letter to the President of the Socialist Republic of Vietnam Nguyen Xuan Phuc: – Indonesia (Indonesia) President of Indonesia (Joko Widodo); – Governor-general of New Zealand, Ba Pát-si Rét-go (Patsy Reddy); – President of Sri Lanka (Sri Lanka) Wood-we-fly-a Ra-in-PAC-sa (Gotabaya Rajapaksa); – The President of the Republic of Azerbaijan (Republic of Azerbaijan) Indonesia (Ilham Aliev); – The President of the Kyrgyz Republic (The Kyrgyz Republic) ZehauPop (Sadyr Japarov). * Letter of congratulation to the Prime Minister of the Socialist Republic of Vietnam Pham Minh Chinh: – Indonesia’s President Jonathan (Joko Widodo); – Prime Minister New Zealand of Giapanda A- single (Jacinda Ardern); – Prime Minister of Buan (Bhutan) Lo-tay Sot ring (Lotay Tshering); – Prime Minister of the Republic of Azerbaijan A-Zau Dop (Ali Asadov). * Letter and congratulatory letter to the President of the National Assembly of the Socialist Republic of Vietnam Vuong Dinh Hue: – The Chairman of the House of Representatives of New Zealand Tremorah (Trevor Mallard); – Chairman of the State Duma of the Federal Assembly of the Russian FederationVyacheslav Volodin. * On the occasion of Comrade Bui Thanh Son was appointed as Minister of Foreign Affairs Socialist Republic of Vietnam, Foreign Minister New Zealand Ba Naagua Ma-hu-ta (Nanaia Mahuta), Foreign Minister Sri Lanka Di-net Guana black (Dinesh Gunawardena) sent a congratulatory letter. https://dulich.petrotimes.vn/

Now when it comes to traveling abroad, everyone’s preferred means of transportation is definitely airplanes, but even though the types of transportation are becoming more and more complete, trains are still the first choice for many people to go out. Many people want to see the scenery along the way during the journey, and the train speeding past the window can satisfy many people’s needs. In fact, many countries can be reached by train directly when traveling abroad. The following 4 countries can be reached directly by train. In fact, a popular country is expected, not Vietnam and Russia.

North Korea-Pyongyang

Our country now has two direct trains to North Korea, K27 and 95. In fact, the 95th train is very convenient. It departs every day. The environment in the carriage is also quite good. It only takes about 5 hours to reach Pyongyang. The K27 train takes about 26 hours to reach Pyongyang. Generally, the Chinese trains on Monday and Thursday, and the North Korean trains on Wednesday and Saturday. If you take this train, you can not only enjoy the scenery in North Korea, but also experience the feeling of riding a North Korean train.

Mongolia-Ulaanbaatar

From Beijing, you can take the K3 and K23 trains that go directly to Mongolia. However, under normal circumstances, you can only buy tickets for the K23 train, but there is not much difference. Like going to North Korea, Chinese and Mongolian trains operate staggered, but the comfort level of our trains will be higher. However, the flight attendants on the train are a major attraction. They are all beauties from Mongolia, very seductive.

Kazakhstan-Almaty

From my country’s Xinjiang, you can take the K9795 (9796) train that goes directly to Kazakhstan. The experience of sitting on the train is quite comfortable. Not only is there only a soft sleeper in the train, but there is no need to change trains regardless of exit or entry. The fare of this train is very conscientious. The full 26-hour soft sleeper only costs 251 yuan.

If you ride in this car, you can really feel what kind of scene is described in the ancient poem “the desert is lonely and the smoke is straight, and the river is sunset.” Not only can you see the boundless desert and Gobi, but you can also see the peculiar landscape of half a lake and half a desert. If you have completed the visa application and want to buy a ticket, you can go to the sales office of the Asia-Europe Hotel in Urumqi South Railway Station to buy it.

Thailand

Thailand is a very popular tourist country for Chinese tourists, and there are countless tourists who fly to Thailand each year. In the near future, you can also take a train to Thailand. In 2017, the China-Thailand railway project was officially launched, and it is expected to be completed and opened to traffic in 2021. In this way, the wish of visiting Kunming in the morning and wandering in Bangkok in the afternoon can be realized! Therefore, this train is also a highly anticipated existence.

There are thousands of ways to travel, don’t stick to one way. I don’t know the above 4 trains that can go directly to foreign countries. Do you have any expectations?

Three Baltic states, Estonia, Latvia and Lithuania, have expelled a total of four Russian diplomats to show solidarity with the Czech Republic (Czech) in diplomatic retaliation for alleged Russian secret involvement. ammunition warehouse explosions in Czech, news agency AFP said. On April 17, the Czech Republic accused the Russian Secret Service of being behind a fatal explosion at an arsenal in eastern Czechs in 2014 and thus expelled 18 Russian diplomats. This decision led to a series of “reciprocal” responses between Prague and Moscow. The Czech Republic has called on allies in the European Union (EU) and the North Atlantic Treaty Bloc (NATO) to unite and support the decision of the Prague government. On April 23, Lithuanian Foreign Minister Gabrielius Landsbergis announced his decision to expel two staff of the Russian Embassy in Vilnius for “behavior inconsistent with diplomatic status” and ordered them to leave Lithuania within seven days. Russian Embassy in Riga (Latvia). Photo: TASS The Lithuanian Foreign Ministry stressed that “this decision shows our solidarity (ie the Vilnius government) with our ally after an unprecedented and dangerous incident in the Czech Republic”. Lithuania also offered to support the Czech Embassy in Moscow in carrying out its functions after Czech diplomats were expelled by Russia. The Russian Foreign Ministry announced that by May 31st, the Russian Embassy in Prague and the Czech Embassy in Moscow will only maintain 7 diplomatic staff, 25 technical and administrative staff, as well as right to hire up to 19 employees who are nationals of the host country. Thus, the number of Czech diplomats in Moscow must be reduced by 16, while the number of Russian diplomats in Prague is only one-sixth of the current number. On the same day 23-4, Latvian Foreign Minister Edgars Rinkevics announced the expulsion of a staff member of the Russian Embassy in Riga. The Latvian Foreign Ministry explained that this was a move to show “solidarity with the Czech”, based on “information provided by Latvian authorities” and was made after consulting with allies. EU and NATO. And the Estonian Foreign Ministry announced the expulsion of a Russian diplomat who the Tallinn government said was behaving inconsistent with diplomatic principles. Estonia emphasized that it was “an expression of solidarity with the Czechs” and criticized the actions of the Russian secret service as the Czech accused it of being “unacceptable”. In response to the decision of the Latvian Foreign Ministry, the Russian Embassy in Riga said that this “unfriendly action” would “have the most negative impact on the development of Russian-Latvian relations”. The Russian diplomatic delegation also announced that Moscow would soon take measures to respond, according to the news agency TASS . The Russian embassy in Tallinn was also dissatisfied by Estonia’s decision, saying that the decision to expel Russian diplomats could undermine efforts to improve Russia-Estonian relations. The Russian diplomatic delegation to Lithuania does not appear to have commented on the decision of the Vilnius government yet. Before the three Baltic countries, Slovakia expelled three members of the Russian Embassy in Bratislava to show solidarity with its neighbor Czech.

Malta is famous for its beautiful beaches and unique architecture

Malta’s Tourism Minister, Mr. Clayton Bartolo recently announced plans to stimulate demand for foreign tourists, after restrictions due to the Covid-19 pandemic were removed in the country starting on 1-6. From now on tourists from all over the world can book their summer vacation directly through local hotels to receive the aforementioned discounted amount.

Accordingly, tourists who book a vacation at a 5-star hotel will receive 100 euros from the Malta Tourism Authority support program, after receiving confirmation from the hotel, tourists will receive more the amount is 200 euros. For those who choose 4-star hotels, they will receive a total amount of 150 euros, and 100 euros for 3-star hotels. In addition, any tourist booking on the island of Gozo will receive an additional 10% of the accommodation rate.

“The plan is to put Malta’s hotels in a very competitive position compared to other locations when international tourism is restarted,” said Minister Bartolo. The government’s tourism stimulus plan worth up to 3.5 million euros is expected to attract about 35,000 foreign tourists to Malta this summer.

The islands of Malta are always ideal destinations for tourists

World Travel and Tourism Council data shows that tourism now accounts for more than 27% of Malta’s economy, but the number of foreign visitors to the country has decreased by more than 80% since the pandemic. Covid-19 began to break out in Europe in March 2020. To get ready for the reopening of international tourists, Malta has also actively implemented the Covid-19 vaccine vaccination.

Madagascar – An island nation off the coast of East Africa, Madagascar has a coastline of 4,828 km.

Spain, Not only is it one of the countries with unique cultures in Southern Europe, Spain is proud to be the country with the sunniest hours in Europe, the climate is mild, and bustling year round with festivals Traditionally imbued with identity, this country is also the owner of many beautiful beaches. The country has a coastline of 4,964 km.

Iceland – Known as a charming tourist destination with majestic waterfalls, ice, rocks, volcanoes and snow, especially with a coastline of 4,970 km.

Argentina – Argentina’s coastline is 4,989 km long. Cities along the coast include Mar del Plata and Puerto Madryn.

Papua New Guinea- This mysterious country covers an area of ​​nearly 463,000 square kilometers with about 600 islands, large and small, with the only land border with Indonesia. Papua New Guinea has a coastline of 5,152 km.

Turkey There are beautiful beaches with a coastline of 7,200 km.

Denmark – This country has a coastline of 7,314 km. Beach vacations are still an important part of Danish culture.

Brazil – there are many famous seaside cities, like Rio de Janeiro. The total length of the coastline of the country is 7,491 km.

India – India’s coastline is longer than 7,516 km. The country has many beautiful beaches, like Fort Bekal beach and Mumbai beach.

Italy- adorned with stunning coastal cities and towns, like Amalfi and Positano. Italy has a coastline longer than 7,782 km.

Mexico – This country is famous for its beautiful beaches, is a destination that attracts many tourists. Mexico has a coastline of 9,330 km.

UK has a coastline of 12,429 km long.

Greek – This country is not only known for its history, culture, religion, traditions, food, churches, architecture, but it is also known as a beautiful country with natural beaches. seems to be an attractive destination for travel in the summer. Greece has 13,676 km long coastline.

New Zealand With a coastline of 15,134 km, New Zealand is famous for many beautiful beaches, rainforests and majestic mountains.

USA – There are 19,924 km of coastline, with seaside cities such as New York, Los Angeles and Miami.

Australia – 25,760 km of coastline with many coastal cities.

Philippines There are more than 7,600 islands in the Pacific Ocean, the country has a coastline of more than 36,000 km.

Russia – The largest country in the world also has a coastline of over 37,000 km.

Greenland – Autonomous territory of Denmark, is the largest island in the world located in the arctic climate. Greenland has a coastline of over 44,000 km.

Indonesia – As one of the 3 countries with the longest coastline in the world. The country has a coastline stretching over 54,000 km.

Norway – Norway’s coast is extremely diverse and winding with many fjords and many small islands along the coast with a length of 58,000 km.

Canada owns the longest coastline in the world with a length of more than 202,000 km. Adjacent to 3 oceans, Canada has beautiful beaches, famous for tourists such as Greenwich, Kluane, Manitou.

According to Stars Insider

There are obvious differences in fares for rail and trams in Southeast Asian countries and many European countries.

How is the fare of the train tickets of countries?

Singapore Urban Railway consists of two train systems, the rapid-run MRT, for the main transport links and the LRT for short-distance travel. However, Singaporeans often refer to these two systems collectively as the MRT.

Singapore MRT was inaugurated and operated the first line in 1987, now becoming the second most popular means of transportation in the lion island nation, only after buses. This system is serving more than 3 billion passengers per year and is still being upgraded and expanded.

MRT fares in Singapore are quite cheap. For adults, the price will depend on the length of the trip, falling in the range of 0.42 USD-1.67 USD (9,000 VND – 38,000 VND).

The MRT is the second most popular means of transportation in Singapore, behind only buses. (Photo: Straits Times)

In Thailand’s capital Bangkok, the elevated railway (BTS) is popular with the people. BTS has been in use since 1999. Currently it is still being extended to serve the travel needs of people.

Buying tickets and queuing up on the train is quite simple, ticket prices range from 15 baht to 45 baht (equivalent to 10,000 – 30,000 VND) depending on the destination is the station far or near.

In operation from March 2019, the MRT system worth $ 3 billion is considered one of the effective solutions to alleviate the serious traffic congestion in the capital Jakarta.

The train speed is 80km / h for the aboveground section and 100km / h for the underground section. This MRT system can transport up to 130,000 passengers per day.

Ticket prices range from 3,000 rp – 14,000 rp (4,000 VND – 22,000 VND).

In Kuala Lumpur (Malaysia), there are 3 main urban railway lines in Kuala Lumpur including LRT – a type of tram with 2 main lines: LRT Kelana Jaya and LRT Ampang Line. KL Monorail is a monorail monorail with a distance of 8.6 km, running through 11 stations. The other is the KTM Komuter, a train that connects towns on the outskirts of the city.

Although the travel distance is quite short, KL Monorail is the most popular in Kuala Lumpur because of its good connection with major hotels, crowded residential areas and commercial centers, famous tourist destinations of the city.

KL Monorail ticket price ranges from 1.2-2.5 ringgit (7,000 – 14,000 VND).

In China, subways are common in most cities. The cramped train system is also considered the traffic backbone of the nation of billions of people.

The price of trams in China is similar to that of a bus, from 0.3-0.6 USD (7,000-14,000 VND) for most routes. With long routes such as the airport, the fare will be higher, about 1 USD (more than 23,000 VND).

In Europe, the Polish capital Warsaw is one of the cities using a unique train system – running in the middle of the road.

Fares have many levels, by minute, by number of times, by day or by month. Minimum 3 zloty (nearly 20,000 VND).

London Metro is the oldest subway system in the world, over 100 years old. There are 6 main train lines in London and fares vary by region. The cost for each journey ranges from 5.5-6 pounds (175,000-190,000 VND). Fares are reduced by more than half if using an Oyster card.

In Paris (France), if traveling by subway, the fare for each journey is about 60,000 VND. With the train lines running across the region, the fare will depend on each specific route.

Is Cat Linh – Ha Dong railway expensive or cheap?

According to Mr. Vu Hong Truong – General Director of Hanoi Metro, which operates the Cat Linh – Ha Dong overhead railway, after receiving all from the Ministry of Transport and putting it into commercial operation, passengers will Get free for the first 15 days to experience. After 15 free days, the price of the train ticket to Cat Linh – Ha Dong is expected to be 7,000 -15,000 VND / ticket / one way. Before this information, many people believe that the fare is not reasonable.

However, responding to VTC News, Mr. Bui Danh Lien – Chairman of the Hanoi Transport Association said that such fare is completely appropriate. According to Mr. Lien, the project Cat Linh – Ha Dong invested a lot of capital, so it was necessary to recover the capital. Therefore, the ticket price of 7,000 -15,000 VND / ticket / one way is moderate, “neither expensive nor cheap”.

Cat Linh – Ha Dong railway.

“It is impossible to compare the fare of railway with other countries in Southeast Asia, because each country will have a different level of development, the per capita income will also be different. That is very lame. The transport system in the countries of the world is invested very carefully, from quality to service, point down has many advantages, closely linked system “, Mr. Lien informed.

Sharing the same opinion with Mr. Lien, Mr. Nguyen Van Thanh, former Chairman of Vietnam Automobile Transport Association commented: “Cat Linh – Ha Dong railway ticket price ranges from 7,000 -15,000 VND / ticket / one way is too cheap”.

Mr. Thanh also said that with the appropriate expected price, the Cat Linh – Ha Dong railway will have many users.

“In the countries of Southeast Asia or Europe, the prices for train tickets are adjusted appropriately. I hope that the Cat Linh – Ha Dong overhead railway in Vietnam will have an elevator service. for customers to easily move by “Mr. Thanh commented.

Proposing some solutions to attract tourists for the Cat Linh – Ha Dong overhead railway, Mr. Lien proposed: “To attract people to ride the overhead train, the State needs to have support policies for special people. For example, ticket exemption policies for people over 60 years old, and reduced fees for students. members, free tickets for people with disabilities ”

Currently, the Ministry of Transport is doing the procedures to hand over the Cat Linh – Ha Dong urban railway project to Hanoi as quickly as possible, in April 2021 it will be completed to be able to operate commercially in May. .

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Episode 12.

Just like in Greece, the process of birth, development and completion of the republic was associated with a long and fierce class struggle. Until the 3rd century BC, the state reached a complete level. The aristocratic Republic of Rome consisted of the following bodies:

1.Garitan Congress: The Congress of Military Units and also the Congress of the People, the highest authority of the Roman State, consists of 193 military units. The Franciscan congress is held twice a year, in Mac-fiber Square (Mars the god of war). This congress has the powers and duties of electing generals annually, electing high-ranking state officials, deciding domestic and foreign affairs of the country, issues of war and peace.

2. Consul: Is the head of state, is a high-ranking official in the ranks of Roman officials. In Rome there were usually two consuls. This position was elected by the Congress of Zion, selected from among the great nobles, for a one-year term. The two consuls had great military and civil power, the commander-in-chief of the army, and the power to convene the Senate Congress and the Scottish Congress.

3. Senate: Inherent from the monarchy, including powerful aristocrats. It was an office of the gentile clan, had between 300 and 600 people, and by the end of the republic had up to 900 people. It was a quasi-permanent organ of the Franciscan Congress, great power at times overwhelming that of the Xenturi Congress. The Senate has the power to approve the appointment of high-ranking officials of the Warsaw Congress, to pass congress resolutions, to administer state property, to interpret laws, to recommend building new rule. The Senate also has the power to formulate and direct domestic and foreign policy, the right to appoint a court, and order preliminary investigations of cases. The Senate also oversees the Roman religious affairs.

4. Consular Council: An executive body, elected annually by the Geneva Congress, consisting of high-ranking officials in the ranks of mandarins. This agency has the power to manage all state affairs, oversee law enforcement, has the power to fire subordinate bureaucrats, and to command the military.

5. Council of Judges: A council of seven people, elected by the annual Congress of Zion. This is the jury of the Roman court, specializing in criminal and civil cases. In addition, when the Consular Council is absent, the Council of Judges performs the duties of the Consular Council.

6. Supervisory Institute: Also known as the important people, is an important agency in the Roman state apparatus. This House has the right to suspend the implementation of all decisions of the Senate and of the Franciscan Congress if those decisions harm the interests of the people. The Institute also has the power to arrest public officials suspected of crimes.

In addition, there were many different high-ranking officials in Rome. All are responsible for their actions, if they commit crimes, they will be prosecuted before the law.

The clergy plays an important role in the political life and in the state apparatus. From the founding of the country until before 313 BC, Rome followed polytheism due to the religious influence of the Greeks. Accordingly, the god Jupiter (Jupiter) is considered the supreme god, creator and ruler of the universe. Juno) in charge of marriage, family, Venus (Venus), goddess of beauty and love, Mac-fiber (Mars): in charge of war, and so on.

But in 63 BC, Rome conquered the Palestinian region. So Judaism and later Christianity entered Rome. By AD 314, the Roman slave owner officially adopted Christianity as the state religion.

In short, the Roman State was a slave-headed aristocratic republic, in which the power of the gentile clan was still very strong. So in the class struggle, the popular posture and the industrial and commercial aristocracy were not capable of a complete victory over the gentile nobility, leading to in the 1st century BC, the generals, the gentlemen. the clan overthrew the republic again, established a dictatorship and monarchy.

In 82 BC, Xila established a dictatorship and declared dictatorship for life. In 46 BC, after defeating two political opponents, Crassals, Pom-pe (Pompey), Judi-ut Caesar (Julius Caesar) established a military dictatorship. But in 44 BC, Caesar was stabbed to death by an enemy while presiding over the Senate meeting. Shortly thereafter, all authority in Rome was in the hands of Ogre-via-buttons (Octavinus). In the year 27 B.C., Oc-ta-via-knot received the title Ogut, meaning the one of dignity, that is, Snail-ta-node, became Emperor. The republic collapsed and Rome entered a monarchy.

The change in Roman state institutions was also in the force correlation of the class struggle. At that time, due to the invasion, the Roman land expanded, the economic power of the land slave owner was strong, the Roman colony existed to popularize the form of large estate, a great estate to use. thousand of labor slaves. The strong economic power made the agricultural aristocrats to win the political struggle, to establish a dictatorship and monarchy.

Slaves in the 1st century BC together rose up to fight against the brutal exploitation of the slave master, such as the Nazi-cut revolt (Spartacus 73-71 BC). Although the rebellion was fiercely suppressed by the Roman slave owner, thousands of slaves were killed and their heads were piled on the great road from Rome to the periphery. However, slavery and the Roman state after that great uprising also collapsed. Besides the enslaved insurrection, there is also the struggle movement of peoples invaded and enslaved for self-liberation. To have the power to suppress slaves and the colonial people, Rome needed a strong government: dictatorship and monarchy.

Following Snail-node, Rome underwent emperors such as Ciligua – the insane king, Co-Diuu-fiber (Claudius) – the weak king, Nero– the greatest tyrant in the ancient history of the world. He slaughtered tens of thousands of Christians, killed wives and children, killed his brother, murdered the famous idealist and philosopher Sehemiah (Seneca) and eventually killed the Queen Queen. , the mother of y.

In 476, the Roman Empire perished. Europe ended slavery and entered a new socio-economic form: Feudalism was born during the dissolution and collapse of the giant Roman empire.

II.The Law

1. Roman law of the republic: The law of 12 pounds

Due to the struggle movement of the common people and the master of slaves and the mercenaries against the arbitrary manipulation of the judiciary in the judiciary, in 450 BC, a committee of 5 common people and 5 nobles was formed to write draft a written law. By 449 BC, this commission had finished drafting the law. The code is engraved on 12 bronze planks (the number 12 is the lucky number from the European point of view) and is placed in a public place for all to see, so the code is called the “Rule of 12”.

The 12-pound law clearly reflects the economic and social relations of early Rome in the republic. The main content of this law is to protect the property rights of wealthy slave owners. The law stipulates that anyone who trespasses on other people’s property such as theft, crop damage, home trespassing (burning a house) will be executed. If a thief enters a house, if he is killed, it is legal to kill the person.

The law sets out the cruel penalties for debtor. If the debtor fails to pay the debt on time, the court allows the creditor to arrest the debtor. During the 60 days of detention, the debtor was taken to the square three times on the day of the fair for the court to judge. After 60 days of detention, still unable to pay the debt, the creditor took the debtor out of the way. If you’re unlucky and still can’t pay the debt, the debtor can either be killed or sold overseas. Where the debtor owes many creditors and cannot repay, the creditors have the right to hash the debtor into pieces.

In terms of marriage and family, a man’s power is absolute. The husband manages the property. When a daughter gets married, it depends on her husband and father-in-law. The father has the right to sell his child as a slave. If sold for the third time, the son will be free from the bonds of the father. The law allows fathers to strip children of inheritance. The dying person is left with property for anyone. In order to protect the rights of an heir under the will, Zionariah has the authority to oversee the distribution of that property.

The 12-table law has a number of provisions on civil proceedings, but these provisions are cumbersome, cause difficulties and troubles in the process of adjudication and do not create favorable conditions for commodity economy. develope.

2. Late Roman republican law

The last period of the republic started from the 3rd century BC until the destruction of the republic (1st century BC). That was the peak period of the Roman empire. The territory covered from the West to the East, the commodity economy was thrived, the agriculture of a large estate was strong. All of them are the basis for the development of the law and vice versa, the economy and social relations themselves also need a comprehensive legal system to serve that infrastructure itself.

In the late republic, the sources of Roman law included:

– The decisions of the consuls. The consular documents were later codified by the famous jurists in the East Roman imperial advisory council and submitted to the emperors for application.

– Decisions of a powerful agency like the Senate.

– The court decisions: sometimes the judgment is just using customary law and it becomes the source of law.

– The decisions of the governor of the provinces.

– Legal practices: Ethnic customs in localities are raised into legal norm by the state.

– The works and works of Roman jurists while summarizing, summarizing and codifying the law.

On the basis of a rich source of law, Roman law includes the following contents:

– Institution on civil law

In Roman law, the civil institution was the most developed, the widest scope of regulation. These are the institutions of property rights, contractual relationships, and inheritance of property. The content of the institutions is rich and detailed.

+ About ownership: Roman law introduces the concept of ownership. It is the absolute right of use and disposition over that property. But the owner is still restricted by law, or by coercion by the state. For example the state wants to let a canal carry water through the land of the owner, who is forced to accept, etc.

+ Ownership: It is the ownership and the will to exercise that right over the property of others to serve its own benefit. The most common form of tenure at that time was land possession. The person entitled to possession may use the benefits brought about by the land and must pay the land rent to the owner. More specifically, possession means the right to rent the property of others for use (renting land, renting shops, etc.).

(There’s more)

CVL