Friday, July 13, 2018

Trump-May, Putin-Macron, Erdogan, Rouhani meeting

US President Donald Trump touched down at London’s Stansted Airport on Thursday to begin a long-planned visit to the UK. During his three-day trip Trump will meet with UK Prime Minister Theresa May and the Queen. The visit is expected to be marked with large-scale protests across the country and comes after Trump took a harsh stance on the United States’ European allies during a NATO summit in Brussels. Last year, Trump cancelled a similar visit to the UK, during which he had been expected to open a new US embassy in London.

US Secretary of State Mike Pompeo called his Russian counterpart Sergey Lavrov to discuss the upcoming meeting between US President Donald Trump and Russian President Vladimir Putin in Helsinki next week, the US State Department said in a statement. The two diplomats also talked about Syria and North Korea, the statement said. Trump and Putin are to have their first dedicated face-to-face in the Finnish capital on Monday next week.

Russian President Vladimir Putin and his Turkish and Iranian counterparts, Recep Tayyip Erdogan and Hassan Rouhani, are to meet in Tehran to discuss Syria, senior aide to Iran’s Supreme Leader Ayatollah Ali Khamenei says. Khamenei’s top adviser, Ali Akbar Velayati, met the Russian leader on Thursday in Moscow. He delivered messages from Khamenei and from President Hassan Rouhani to Putin. During the “constructive, clear and friendly” two-hour dialogue, the two discussed Iranian-Russian cooperation, including in Syria. “Putin said that he will go to Tehran soon to take part in [Turkey-Iran-Russia] meeting on Syria,” the aide said. The latest trilateral talks on the crisis in the Arab Republic were hosted by Turkey in April.

Emmanuel Macron will have a meeting with Vladimir Putin when the French president attends the FIFA World Cup finals in Russia, Media said citing a French official.Signals of a possible meeting have also been coming from Kremlin sources on Wednesday.

Macron watched the French team beat Belgium in St. Petersburg on Tuesday. The match for the champion title will take place in Moscow on Sunday, in which France will be pitted against either England or Croatia.

The French president made an official visit to Russia in May to attend the St. Petersburg International Economic Forum.

Relations between Macron and Putin got off to a rough start last year, with the French president accusing Russia of trying to undermine his campaign with ‘fake news’ during Putin’s visit to France. But Macron’s visit this year seemed generally warm and was marked by a number of high profile business deals signed by Russian and French firms, as well as both governments.

Europe is ‘losing culture’ to migrants

Europeans are losing their culture and identity by allowing an uncontrolled migrant influx into the EU, Donald Trump claims. He also blamed the Mayor of London for not doing enough to prevent the terror attacks on the city.

“Allowing the immigration to take place in Europe is a shame,” Trump told the Sun newspaper in Brussels, before setting off to London to begin his official visit to the UK. “I think it changed the fabric of Europe and, unless you act very quickly, it’s never going to be what it was and I don’t mean that in a positive way.”

Europe’s refugee crisis has been dubbed the worst since WWII, with a record 2.2 million refugees ending up in the EU by the end of 2015, in part due to Angela Merkel’s ‘Open Door’ policy. While the official number of these “illegally present” refugees dropped to 600,000 by the end of 2017, thousands continue to flee wars and poverty in the Middle East and North Africa to start a new life in Europe. The trend, Trump believes, is having an irreversible impact on European and British culture in particular.

“I think you are losing your culture,” Trump said, calling on politicians to act quickly to reverse the situation. “I think what has happened to Europe is a shame.”

US president brought up the issue of numerous terrorist attacks across Europe, especially in London, which suffered from four strikes last year alone. Claiming that London’s first ethnic minority mayor has “done a very bad job on terrorism,” Trump accused Sadiq Khan of being indirectly responsible for allowing the Westminster, London Bridge, Parsons Green Tube station and Finsbury Park Mosque attacks to take place.

“Take a look at the terrorism that is taking place. Look at what is going on in London. I think [Sadiq Khan] has done a very bad job on terrorism,” Trump told the British publication. “I think he has done a bad job on crime, if you look, all of the horrible things going on there, with all of the crime that is being brought in.”

June 2018 CPI inflation grows at 5% and May 2018 IIP stands at 3.2%

Consumer Price Index

Rural India inflation stands at 5% in June 2018 as compared to 4.88% in May 2018 and

Urban India inflation stands at 4.85% in June 2018 as compared to 4.72% in May 2018

The all India general CPI inflation (Combined) for June 2018(Prov.) grows at 5% as compared to 4.87% in May 2018. The inflation rates for rural and urban areas for June 2018 (Prov.) are 5% and 4.85% respectively, as compared to 4.88% and 4.72% respectively, for May 2018. Rate of inflation during May 2018 (Prov.) for fruits (10.13%), housing (8.45%), pan, tobacco and intoxicants (8.05%), vegetables (7.80%) and fuel and light (7.14%)etc.

Consumer Price Index (combined)

Source: PHD Research Bureau, Compiled from MOSPI

Consumer Price Inflation (Combined) (%)

Source: PHD Research Bureau, Compiled from MOSPI

Index of Industrial Production (IIP)

Growth in industry output, as measured in terms of IIP, for the month of May 2018 stands at 3.2% as compared to 4.9% in April 2018. The growth in the three sectors mining, manufacturing and electricity in May 2018 stands at 5.7%, 2.8% and 4.2% respectively over May 2017. Primary goods growth stands at 5.7%, capital goods growth stands at 7.6%, intermediate goods growth stands at 0.9%, infrastructure/construction goods growth stands at 4.9%, consumer durables growth stands at 4.3% and consumer non-durables growth stands at (-)2.6% during May 2018 as compared to the previous year.

Trend in IIP growth (%)

Source: PHD Research Bureau, Compiled from MOSPI

KOHLER CO. UNVEILED AS PRINCIPAL PARTNER OF MANCHESTER UNITED

Kohler will be the first shirt sleeve partner for both Manchester United men’s and women’s teams

12th July 2018, New Delhi: Manchester United and Kohler, a global lifestyle brand headquartered in Kohler, Wisconsin-USA, have agreed to a multi-year global partnership. The KOHLER brand logo will feature on the sleeve of the most iconic and best selling club shirt, for both the men’s and women’s teams. The partnership also includes joint participation on game day activities, innovative improvements to club facilities, global sustainability and social responsibility projects and other partner collaborations with Manchester United fans and Kohler customers and associates.

Kohler Co. is a leader in the design and innovation of kitchen and bath products and one of the largest manufacturers of power systems in the world. Founded in 1873, the two organisations have been in existence for over 140 years, sharing a long history steeped in tradition, excellence and innovation, as well as a common vision to make a positive impact on the world.

Manchester United and Kohler will celebrate the partnership with United fans around the world on 19th July when the new 2018/19 home shirt, to be unveiled next week, is worn for the first time by the men’s team in the opening fixture of its Tour 2018 against Club America in Phoenix, Arizona.

Manchester United’s Group Managing Director, Richard Arnold comments:

“It is a pleasure to welcome Kohler to the Manchester United family as a principal partner and our first shirt sleeve sponsor for both the men’s and women’s teams. Our shirt is much more than what we wear, it embodies the passion of our fans and their allegiance to the club.”

“Kohler is known around the world not only for its cutting-edge design and luxury products but also a genuine commitment to stewardship and sustainability and is an exciting addition to our family of commercial partners.”

David Kohler, President and CEO of Kohler Co. comments:

“Our partnership with Manchester United provides new opportunities to showcase the quality of Kohler products and services with passionate fans of the most far-reaching and revered sports team on the planet. We are excited to help build our global brand among people who align themselves and their lifestyles, with leading-edge innovation and a desire to make the world a better place.”

“An essential component of the relationship is our support of the new professional women’s team, and we look forward to their debut and our ongoing support. Manchester United embodies sustained excellence in everything they do and our shared values are a perfect match as we expand our fast-growing international presence into new regions with purpose and a meaningful presence.”

About Manchester United

Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 140-year heritage we have won 66 trophies, enabling us to develop the world’s leading sports brand and a global community of 659 million followers. Our large, passionate community provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, new media & mobile, broadcasting and match day.

About Kohler Co.

Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America’s oldest and largest privately held companies comprised of nearly 37,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; engines and power systems; luxury cabinetry and tile; and owner/operator of two of the world’s finest five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. Kohler’s Whistling Straits golf course will host the 2020 Ryder Cup. For more details, please visitwww.KohlerUnited.com