Robert Reich: The last tariff increase 'ended up worsening the Great Depression'

 

Albaum/Creative Commons.

Maya Boddi

ALTERNET

November 27, 2024

Former Labor Secretary Robert Reich on Tuesday explained the impact Donald Trump's new tariff plan could have on American families, predicting the countries that fall under the president-elect's tariff enforcements will likely retaliate.

Speaking with Reich on the latest episode of MSNBC's The ReidOut, host Joy Reid noted that some economists say under Trump's tariff plan, "The average American household is going to spend $2600 a year."

However, Reich corrected the MSNBC host, saying: "That $2600 family estimate was made in August, before we knew how large the tariffs are going to be." The ex-labor secretary added, "I think the actual per family estimated cost is probably closer now to $4000."

READ MORE: GOP senator admits he's 'concerned' about a Trump trade war: report

Reid then noted that America's largest trading partners include China, Canada, Mexico — all of which fall under the MAGA leader's tariff plan.

"If we slap a massive tariff, Robert, on those countries, what would they do? What might they do in return?" Reid asked.

"Well, they will do exactly what countries did in 1930," the ex-President Bill Clinton administration official replied. "1930 was the last time we had a big, across-the-board tariff increase, and that was from Herbert Hoover. Remember President Herbert Hoover?" he asked.

Reich continued, "That resulted in retaliatory tariffs — other countries retaliating against us for putting tariffs on their goods. And those retaliations — those tariff wars — ended up worsening the Great Depression."

READ MORE: 'Nakedly transactional': How Trump is allowing donors free rein to profit from Cabinet roles

Watch the video below or at this link.

 

'Significant consequences': Major bank comes out swinging against Trump’s latest plan

Alex Henderson, AlterNet
November 27, 2024 


Critics of President-elect Donald Trump's proposal for aggressive new tariffs were hoping he would back down from that idea — but he announced this week that he plans to move forward as soon as he is sworn into office — and proposed 25% across-the-board tariffs on all goods imported into the United States from Mexico and Canada.

For some goods imported from Mainland China, Trump has proposed a 10% tariff.

Goldman Sachs is weighing in on Trump's tariff proposals — and not in a favorable way.

The bank is warning that U.S. consumers could face "significant consequences" if the tariffs are enacted.

"The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S., Daan Struyven, the head of commodities research for Goldman, said during a roundtable interview," Bloomberg reported.

"The tactic is reminiscent of the first Trump term and could be a negotiating tool, he added."

Struyven said Trump's proposed tariffs "could in theory lead to some pretty significant consequences for three groups of people: U.S. consumers, U.S. refiners and Canadian producers."

Struyven added, however, "Given the focus from Trump to lower energy costs, we think Canada tariffs are somewhat unlikely."

READ MORE: Robert Reich: The last tariff increase 'ended up worsening the Great Depression'

The report noted, "The U.S. imports almost 4 million barrels of Canadian crude a day, which allows American producers to export more of their own oil. The chief executive officer of the Canadian Association of Petroleum Producers said tariffs would result in higher gasoline and energy costs for U.S. consumers."

READ MORE: 'Comeback of polio': Expert warns Trump picks will have 'major impact' on public health

Read Bloomberg News' full report at this link (subscription required).

Trump's tariff plan may be halted by clause in the Constitution: report

Sarah K. Burris
November 27, 2024 

RAW STORY

Donald Trump speaks during a rally aboard the Battleship USS Iowa in San Pedro. (Joseph Sohm / Shutterstock.com)


Donald Trump is pledging to impose hefty taxes on everything entering the U.S. from Mexico, Canada, and China — but a report Wednesday suggested it might not be so straightforward.

In 2018, Donald Trump unilaterally ushered in taxes on all steel and aluminum imports by signing an executive order claiming that the charge was required for American national security and, in 2019, Trump threatened Mexico with a 5% tax if they didn't stop illegal immigration.

On Wednesday, The Economist questioned whether Trump's promise of hefty tariffs is possible — or if he'd be forced to try and pass legislation through Congress.

The report stated that, over the years, "Congress has ceded more and more authority to the executive branch, and the courts, the third coequal branch of government, have happily blessed the arrangement. Nowhere is this clearer than in trade policy."

When Trump ushered in tariffs on steel and aluminum imports in 2018, he used Section 232 of the Trade Expansion Act of 1962.

But The Economist quoted the U.S. Constitution, which grants Congress the powers “to lay and collect taxes, duties, imports and excises” and “to regulate commerce with foreign nations."

The law now says that the president can raise tariffs on imports if he believes it's in the interest of national security. At the time, the Department of Commerce agreed with his 2018 decision.

Chances are, Trump's own Commerce Department will support him again — but it's unclear whether lawmakers will allow it, The Economist reported.

Sen. Rick Scott (R-FL), who a few weeks ago was MAGA's choice to take over the Senate, had argued that Trump must have Congress's consent to enact his tariff plan.

But The Economist spoke to Warren Maruyama, the former general counsel for the United States Trade Representative, who said that the IEEPA gives Trump more power.

Also Read: Trump covertly planning the world’s biggest protection racket

“So there’s minimal procedural requirements. So, he could do it very quickly — on day one, if he wants,” said Maruyama.

The Economist report also suggests that litigation might follow the move, saying that it violates the USMCA trade law, which Trump negotiated.

But with "national security" exceptions, written into the bill, it might be enough to argue there were no violations, Harvard Law School's Mark Wu told The Economist.

Mexico's president has already promised to retaliate with similar tariffs on the U.S.

Read the full report here.

Autos, food: What are the risks from Trump’s tariff threat?

By AFP
November 26, 2024

Fresh tariffs on Canadian, Mexican and Chinese imports could add to costs in areas like autos, building materials and consumer goods, analysts warn, after President-elect Donald Trump threatened new levies - Copyright GETTY IMAGES NORTH AMERICA/AFP CHIP SOMODEVILLA
Beiyi SEOW

Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers.

Similarly, further tariff hikes on China could add to consumer prices, as the United States is still reliant on the world’s second biggest economy for goods like electronics and batteries.

What products face risks from Trump’s tariff pledges?

– Canada: Energy, construction –

US-Canada trade ties are significant, with a highly integrated energy and automotive market, the Congressional Research Service (CRS) noted in July.

Nearly 80 percent of Canada’s 2023 goods exports were US-bound, while about half its goods imports came from the United States.

Canada has been the biggest supplier of US energy imports including crude oil, natural gas and electricity, the CRS added.

Economist Ryan Sweet of Oxford Economics warned that a 25 percent tariff on Canadian goods could hit imported fuels, risking higher energy costs.

“The 2026 midterms are not that far off, and voters don’t forget inflation,” he told AFP.

The United States imports construction materials from Canada, too, he added, and tariffs could drive up housing costs.

Last year, $2.5 billion in goods crossed the US-Canada border daily, said Dennis Darby of industry group Canadian Manufacturers & Exporters.

Imposing tariffs “would also hurt US manufacturers,” he added.

– Mexico: Food, autos –

The United States is Mexico’s most critical trading partner, taking in 80 percent of its exports, the CRS noted.

In 2023, Mexico outpaced China for the first time in two decades to be America’s leading source of imports, government data showed. US goods imports from Mexico stood at $484.5 billion.

A 25 percent tariff would weigh on the auto sector, worth tens of billions in Mexico’s US exports, alongside medical instruments and devices.

Vehicle costs could rise about 10 percent, estimates Gary Hufbauer, nonresident senior fellow at the Peterson Institute for International Economics.

A significant portion of North America trade happens between the United States, Mexico and Canada with products crossing borders multiple times.

This means “even low tariffs add up,” said Joshua Meltzer, a senior fellow at the Brookings Institution.

Agricultural products would also be impacted.

In 2023, Mexico supplied over 60 percent of US vegetable imports and nearly half of US fruit and nut imports, the Department of Agriculture noted.

Additional import costs for Mexico’s fresh fruit and vegetables could be entirely passed to consumers, Hufbauer warned.

– China: No early concession? –

Consumer goods like smartphones and computers, alongside lithium-ion batteries and other products, made up nearly 30 percent of US goods imports from China in 2023, according to the Atlantic Council.

“US reliance on China for these goods has hardly budged since 2017. In fact, China’s share in US battery imports has actually increased in that time,” it added this month.

This is despite a trade war during Trump’s first term, in which he slapped tariffs on hundreds of billions of dollars in Chinese imports.

A 10 percent tariff additionally is unlikely to be “fully absorbed” before it hits the consumer, Sweet said.

Best Buy CEO Corie Barry warned that China accounts for around 60 percent of its cost of goods sold, adding that consumers will likely bear some cost of tariffs.

Meltzer said he expects Beijing would be willing to address US fentanyl concerns — Trump’s stated reason for the tariffs — but might not offer concessions to avoid signaling it would “capitulate every time the US raises tariffs.”

– Trade deals threat –

Hufbauer of PIIE expects Trump will allow a buffer before imposing fresh tariffs on Canada and Mexico, given that this provides an opportunity to negotiate before triggering retaliation.

“Given their heavy, heavy dependence on the US, they will be inclined to do what they can to strike a bargain,” he told AFP.

But Trump’s tariffs would be inconsistent with a trade agreement between the United States, Mexico and Canada — which Trump once touted as the best ever — Meltzer added.

“It underscores this question of, why do a deal with the Trump administration?” he said.

‘Don’t play games you can’t win’: Gas analyst warns Trump will ‘lose miserably’

David Badash, 

The New Civil Rights Movement
November 27, 2024 


A popular petroleum analyst is warning Donald Trump his plan to impose a 25% tariff on all imports from Canada will backfire.

Patrick De Haan, known as the “Gas Buddy Guy,” has “analyzed and tracked oil markets and fuel prices for nearly two decades,” and “is often quoted during gas price gyrations and fuel disruptions by almost all U.S. and international media outlets,” according to his bio.

De Haan pointed to a news report from The Guardian on Tuesday that says Canadian Prime Minister Justin Trudeau is “under pressure to stand up to Trump on tariffs.” It also notes that members of the Canadian parliament are calling on Trudeau “to ready a ‘war room’ for the coming battle over tariffs with the United States.”

That article quoted the leader of Canada’s New Democratic Party, Jagmeet Singh, telling the Prime Minister, “The only thing a bully responds to is strength.”

“So where is our plan to fight back?” Singh asked. “Where is the war room?”

De Haan observed, “there’s a risk Trump is making a miscalculation and now politicians in Canada are gearing up, thinking of how to retaliate on potential tariffs. This is not a good road to be going down.”

Xavier Delgado of the Woodrow Wilson International Center for Scholars, a top think tank, added: “Retaliatory tariffs would hit US states hard (36 have Canada as their top export market). They would also be a major burden on Canadian consumers who are already sour about the economy.”



And in response to a suggestion that Canada and Mexico “threaten to embargo selling oil to US,” De Haan wrote: “Trump will lose this game miserably if Canada decides to take action. checkmate. don’t play games you can’t win- the US is more reliant on Canadian crude than Trump realizes.”

De Haan says that a “25% tariff on Canadian oil would have huge impacts to #gasprices in the Great Lakes, Midwest & Rockies, which are major markets where refiners process Canadian oil. You can’t simply process different oil overnight. It would take investments/years. More US supply wouldn’t help.”

He also posted a map highlighting areas of the U.S. and the impacts of Trump’s tariffs on gas prices. It shows the President-elect’s declared 25% tariffs would have a “major impact” on several “blue wall” states that went to Trump instead of Harris in the presidential election, including Michigan and Wisconsin.

DEJA VU

Trump tariffs threat casts chill over Canada

By AFP
November 26, 2024

Image: © AFP Daniel ROLAND
Michel COMTE, with Marion THIBAUT in Montreal

Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump’s threat to implement steep tariffs once he takes office, as experts warned of a potentially “catastrophic” hit to the Canadian economy.

Shockwaves from the Republican’s announcement rippled across the country as Ottawa raced to avoid disruptions to the more than one trillion dollars in annual US-bound shipments that represent 75 percent of its total exports.

President Trump And First Lady Welcome Canadian Prime Minister Justin Trudeau And His Wife Gregoire To The White House – Copyright GETTY IMAGES NORTH AMERICA/AFP CHIP SOMODEVILLA

Canadian Prime Minister Justin Trudeau said he had a “good” conversation with Trump immediately following the president-elect’s announcement late Monday that he would impose new tariffs of 25 percent on goods from Canada when he reaches the White House in January.

“We talked about how the intense and effective connections between our two countries flow back and forth,” as well as “some of the challenges that we can work on together,” Trudeau told reporters in Ottawa.

The United States, Mexico and Canada are tied to a three-decade-old free trade agreement, now called the USMCA, that was renegotiated under Trump after he complained that American businesses, especially automakers, were losing out.

A senior government source told AFP the two leaders had a “productive and constructive conversation focused on trade and border security” and pledged “to stay in touch.”


Asian traders are bracing for the next presidency of Donald Trump after he warned of another round of painful tariffs against China during his campaign – Copyright AFP STR

Trudeau has already assembled a team of ministers to lobby US lawmakers and members of Trump’s inner circle, a repeat of his efforts during the US leader’s first term as president.

The liberal PM faces likely snap elections in the coming months, and is far behind his conservative rival in public opinion.

– Tariffs ‘catastrophic’ for Canada –

Carleton University professor Ian Lee told AFP the US tariffs would be “catastrophic” for Canada’s economy, as well as Trudeau’s re-election bid.

“In terms of jobs, 1.9 million people in Canada are dependent on trade,” he noted, predicting the Canadian dollar would plunge and inflation would soar in response to the Canada-US trade frictions.

He added, however, that Trump’s threat is likely “a negotiating tactic. He’s doing it to soften us up.”

Genevieve Dufour, an expert on trade law at the University of Ottawa, said the US move would be illegal and would push Canada to impose counter-tariffs.

The US trade deficit grew by 19.2 percent in September, according to government figures. – © AFP Philip FONG

“Canadian companies will ask for it. Canadian consumers will ask for it. We will have to do it,” she said.

Trudeau is scheduled on Wednesday to meet with provincial premiers to urge a united front, as one after another they appeared on Canadian television Tuesday morning expressing alarm at the possible tariff impacts.

Doug Ford, the premier of Ontario, which is Canada’s most populous province and its economic engine, called the proposed tariffs “an insult.”

“It’s like a family member stabbing you right in the heart,” he said, recalling Canada’s close ties with its southern neighbor.

Quebec Premier Francois Legault said the announcement represented “an enormous risk” to the Canadian economy while his counterpart in British Columbia, David Eby, said “Ottawa must respond firmly.”

Officials said Trudeau’s liberal government aims to make clear to the United States the devastating fallout on both sides of the border resulting from a trade war, and that illegal migration from Canada pales in comparison to that from Mexico.


During Donald Trump’s 2017-2021 presidency, he ordered construction of a wall on the US-Mexico border – Copyright AFP/File STR

According to US data, border patrols intercepted 23,721 migrants crossing from Canada last year, up sharply from previous years.

Immigration minister Marc Miller commented: “It’s the equivalent of a significant weekend at the Mexico border.” He vowed continued Canada-US cooperation on the border.

On trade, officials pointed out that 60 percent of the oil and gas in the United States comes from Canada.

Trudeau in recent weeks has expressed confidence about the incoming Trump administration, saying “I think I got to know Mr. Trump pretty well the first time around.”

“We’ve done this before” and expect to get through Trump’s second term, he said

Mexico's president hits back at Trump's boast: Our position is 'not to close borders'

Daniel Hampton
November 27, 2024 

Claudia Sheinbaum, the presidential candidate of the ruling MORENA party, reacts as she addresses her supporters after winning the election, in Mexico City, Mexico June 3. REUTERS/Raquel Cunha

The president of Mexico has disputed President-elect Donald Trump's account of their conversation, specifically denying his claim that Mexico will effectively close the southern Border.

Trump boasted Wednesday that Mexico agreed to help him close the U.S.-Mexico border following his threats to levy a significant tariff on the country.

"Just had a wonderful conversation with the new President of Mexico, Claudia Sheinbaum Pardo," Trump posted on Truth Social on Wednesday night. "She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border."

In a separate follow-up post, he repeated that "Mexico will stop people from going to our Southern Border, effective immediately."

"THIS WILL GO A LONG WAY TOWARD STOPPING THE ILLEGAL INVASION OF THE USA. Thank you!!!" posted Trump.

But Sheinbaum Pardo took to X to refute Trump's claim. She insisted she explained to Trump Mexico's "comprehensive strategy" to address illegal immigration while respecting human rights.

"Thanks to this, migrants and caravans are assisted before they reach the border," she said. "We reiterate that Mexico's position is not to close borders but to build bridges between governments and between peoples."

Her remarks came hours after she called the discussion an "excellent conversation."


"We discussed Mexico's strategy on the migration phenomenon and I shared that caravans are not arriving at the northern border because they are being taken care of in Mexico," she wrote on X. "We also discussed strengthening collaboration on security issues within the framework of our sovereignty and the campaign we are carrying out in the country to prevent the consumption of fentanyl."

Mexico has made significant strides in reducing the flow of migrants in recent years. Illegal crossings at the U.S.-Mexico border fell to a three-year low, with the Border Patrol processing about 84,000 migrants in June — the lowest monthly level since President Joe Biden took office.

From fiscal year 2021 through 2024, authorities encountered unauthorized migrants about 9.4 million times — three times as many as under Trump.

Critics mock 'Donny deals' after Trump met with brutal fact check from Mexico's president

Daniel Hampton
November 27, 2024

US President-elect Donald Trump said he would charge 25 percent tariffs on Mexican and Canadian imports - Copyright POOL/AFP/File ALLISON ROBBERT

Social media critics collectively laughed at Donald Trump on Wednesday night after the president-elect appeared to get a brutal fact-check from the president of Mexico.

Trump bragged earlier in the day that Mexico agreed to help him close the U.S.-Mexico border following his threats to levy a significant tariff on the country.

"Just had a wonderful conversation with the new President of Mexico, Claudia Sheinbaum Pardo," Trump posted on Truth Social on Wednesday night. "She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border."

In a separate follow-up post, he repeated that "Mexico will stop people from going to our Southern Border, effective immediately."

"THIS WILL GO A LONG WAY TOWARD STOPPING THE ILLEGAL INVASION OF THE USA. Thank you!!!" posted Trump.

Sheinbaum Pardo refuted Trump's claim on X, however, insisting she explained Mexico's comprehensive strategy to address illegal immigration while respecting human rights.


"Thanks to this, migrants and caravans are assisted before they reach the border," she said. "We reiterate that Mexico's position is not to close borders but to build bridges between governments and between peoples."

Critics of the president-elect seized on Sheinbaum Pardo's clapback.

"Trump thinks he convinced the President of Mexico to stop all migration across the border LOL," Mike Nellis, a former senior adviser to Kamala Harris, wrote on Bluesky.




Political commentator and MSNBC contributor Brian Tyler Cohen jabbed: "Trump: Mexico is 'effectively closing our southern border.' Mexico: 'no plan to close border.'"

"All it took was one call. Donny deals," joked Sam Stein, a journalist for The Bulwark and MSNBC.

"So Mexico agrees to do the thing it's already been doing, and Trump claims victory. Sounds about right," quipped Catherine Rampell, an economics columnist for The Washington Post.

Rampell added that Mexico has invested "huge resources" in the last year to prevent migrants from reaching the border. This includes military patrols, highway checkpoints, and busing migrants en masse from the northern part of the country to the south.

"Key reason why illegal border crossings into US are [down] 75%," she said.

Rampell slammed Republican "talking points" about the border crisis as "woefully out of date."

Mexico says Trump tariffs would cost 400,000 US jobs


By AFP
November 27, 2024

Mexico said Wednesday the United States will be shooting itself in the foot if President-elect Donald Trump implements his threats to impose 25-percent tariffs on Mexican imports.

Trump on Monday fired the warning shot in a looming trade war with the top three US trading partners by threatening to impose huge tariffs on Mexico, Canada and China if they failed to stop illegal migration and drug smuggling into the United States.

He said he would charge 25 percent tariffs on Mexican and Canadian imports and 10 percent on Chinese goods “above any additional tariffs” on the world’s second-biggest economy.

Mexico’s Economy Minister Marcelo Ebrard warned that the cost to US companies of the tariffs on Mexico would be “huge.”

“Around 400,000 jobs will be lost” in the United States, he said, citing a study based on figures from US carmakers that manufacture in Mexico.

He added the tariffs would also hit US consumers hard.

Ebrard cited the US market for pickup trucks, most of which are manufactured in Mexico, as an example, claiming the tariffs would add $3,000 to the cost of a new vehicle.

“The impact of this measure will chiefly be felt by consumers in the United States… That is why we say that it would be a shot in the foot,” he said, speaking alongside President Claudia Sheinbaum during her regular morning conference.

Mexico and China have been particularly vociferous in their opposition to Trump’s threats of a trade war from day one of his second presidential term, which begins on January 20.

Sheinbaum has declared the threats “unacceptable” and pointed out that Mexico’s drug cartels exist mainly to serve drug use in the United States.

She has written to Trump to propose a meeting, which she says would happen “ideally” before he takes office.

China has warned that “no one will win a trade war.”

During his first term as president, Trump launched full-blown trade hostilities with Beijing, imposing significant tariffs on hundreds of billions of dollars of Chinese goods.

China responded with retaliatory tariffs on American products, particularly affecting US farmers.

The United States, Mexico and Canada are tied to a three-decade-old largely duty-free trade agreement, called the USMCA, that was renegotiated under Trump after he complained that US businesses, especially automakers, were losing out.

'How much should we invade Mexico?' Trump reportedly seeks to take unprecedented step

Brad Reed
November 27, 2024 

RAW STORY

Although President-elect Donald Trump tried to market himself as a "peace candidate" during the 2024 campaign, it seems that he and his foreign policy advisers are dead set on sending at least some members of the American military into Mexico.

Rolling Stone reports that Trump and his team are considering a "soft invasion" of Mexico that would use special forces to target drug labs and cartels in Mexico.

This is a step that has never been taken in the past given how much the United States relies upon Mexico for cooperation in terms of national security, but Trump at the moment appears to be ready to pull the trigger on an operation that could spark a major diplomatic crisis with one of America's biggest trading partners.

“How much should we invade Mexico?” one Trump transition member says the incoming administration is asking. “That is the question.”

ALSO READ: 'C'mon': CNN's Jim Acosta confronts MAGA lawmaker in 'testy' interview

Another Trump insider, meanwhile, tells the publication that it's "unclear how far he’ll go on this one" but then adds that "if things don’t change, the president still believes it’s necessary to take some kind of military action against these killers."

The idea of launching strikes within Mexico has been dismissed in the past even by many MAGA-friendly Republicans.

As conservative Rich Lowry wrote for Politico just last year, "We aren’t going to drone or raid our way to a secure Southern border."

"The frustrating reality is that there is no alternative to working with the Mexican government, which is going to be protective of its territory and national pride, especially vis-a-vis the giant to its north," Lowry added.

POSTMODERN FEUDALISM

Indian rival royal factions clash outside palace


By AFP
November 26, 2024

Udaipur's City Palace is a hugely popular tourist attraction, a sprawling complex with a flamboyant white facade - Copyright AFP Vijay MATHUR

Indian government officials took temporary control Tuesday at a luxurious hilltop palace in Rajasthan after arguments between rival royal brothers sparked clashes between stone-throwing loyalists outside its fortified gates.

Police officers surrounded the 450-year-old City Palace in Udaipur after the unrest on Monday night when the older brother Vishvaraj Singh — head of the historic royal family of Mewar — was blocked from entry by his younger brother, Arvind Singh.

But top district administration official Arvind Kumar Poswal told reporters Tuesday that the “law and order situation is well under control” and that “talks are ongoing with palace representatives”.

Government authorities backed by the police intervened to take temporary control of the area, he said.

Vishvaraj Singh, a state lawmaker for Prime Minister Narendra Modi’s ruling Hindu-nationalist party, was anointed as successor of the Mewar royal family after his father died this month.

To take up his post, Vishvaraj needed to pray at a family shrine inside the City Palace fort, which is managed by a trust controlled by his estranged younger brother.

There have been long-running arguments between the brothers rooted in property disputes, according to the Times of India.

Udaipur’s City Palace is a hugely popular tourist attraction, a sprawling complex with a flamboyant white facade.

It lies close to another royal residence, Udaipur’s Lake Palace, which has been converted into a luxury hotel and featured in the 1983 James Bond spy film “Octopussy”.

India’s maharajas, who once ruled over around 140 million people across 565 princely states, saw their powers diluted after the country’s independence from British imperial rule in 1947.

But while they became ordinary citizens in the eyes of the law, many of the families retained their social grandeur and influence — and continue to be revered as royalty by their local populations.

Some families also shifted into politics.

They include Jyotiraditya Scindia, a lawmaker and communications minister — who is also the grandson of the last ruler of the princely state of Gwalior.

MANANA

Greeks finally get Thessaloniki metro after two-decade wait

By AFP
November 27, 2024

The Thessaloniki metro has taken 18 years to complete

 - Copyright AFP FREDERICK FLORIN

Vassilis KYRIAKOULIS

Greece’s second city Thessaloniki will unveil its new subway system more than a decade late on Saturday after the project was dogged by archaeological challenges and financial difficulties.

“After many years, we are handing over to the citizens the main metro line in Thessaloniki,” Transport Minister Christos Staikouras told AFP during a test run of the trains last week.

The network will handle an estimated 250,000 passengers a day in the northern city of over one million people, he said.

Its stations will also showcase a selection from more than 300,000 archaeological objects discovered during construction, he said.

“It was a project that was long overdue. It is a project that has also had many, many difficulties and obstacles,” Staikouras said.

Ordered in 2003, work on the Thessaloniki metro started in 2006 and was originally scheduled to be completed in 2012.

It is only the second metro in the country after that of Athens, which was inaugurated in 2000.

The 9.6-kilometre (six-mile) track both reflects — and was bedevilled by — Thessaloniki’s rich history.

The line was built along a Roman road that once crossed the 2,300-year-old city, which is named after Alexander the Great’s half-sister, Thessalonike of Macedon.

As a result, the project was plagued by long delays and cost overruns.

The new line and a planned extension to the east of the city will cost three billion euros ($3.2 billion).

Some companies involved in its construction also went bankrupt during Greece’s near-decade-long debt crisis, officials said.

Over 200 million euros was spent on excavating and removing antiquities dating to the Hellenistic era, some of which were subsequently incorporated into the new stations.

There was also controversy over the cost of the network’s logo and that the tender was given to a company in Athens — a further affront to fiercely independent local sensitivities.



– Archaeological objects –



Among the archaeological objects unearthed were about 50,000 coins, two marble squares, a huge fountain and an early Christian church.

Gold crowns and jewellery were also found in more than 5,000 graves and tombs along the metro route, in what Greece’s culture ministry has called the largest salvage excavation ever carried out in the country.

At Agia Sofia station, layers of fragments are displayed by era from Hellenistic to modern.

“The whole period of Thessaloniki’s history is imprinted on this wall,” said Nikos Denis, deputy director of Elliniko Metro, the state company that developed the subway.

“For the archaeological work that began in 2007 and was completed in 2022, the total cost was about 203 million euros,” he said.

Thessaloniki was built in the fourth century BCE by one of Alexander the Great’s successors, Cassander, who married one of the famed warrior’s half-sisters.

The city grew into an important hub of the Roman Empire and later became the second city of the Byzantine Empire.

It continued to grow under the Ottoman Empire with the arrival in the 15th century of thousands of Sephardic Jews expelled from Spain.

The metro will run 18 fully automated, driverless four-car trains. It is estimated that it will reduce the city’s daily road traffic congestion by between 50,000 and 60,000 vehicles.

“This is a very modern metro with a high level of automation and safety,” deputy minister for infrastructure Nikos Tachiaos told reporters at the presentation.

He added that another central station, Venizelou, kept under wraps for Saturday’s unveiling, will incorporate an “entire archaeological site”.

But after two decades of construction and delays, many residents remain sceptical.

“This project was the joke of the town. Every time we heard a new completion date for the project it was never met,” said 36-year-old shop worker Anastasia Polychronidou.

Many businesses on the city’s central Egnatia Odos also had to shut down because of the construction work, she told AFP.

There are also complaints over the network’s limited reach — additional extensions to reach the city’s airport are only planned for 2040.

Thessaloniki’s Makedonia airport, Greece’s third largest, is 13 kilometres (eight miles) away and handled over seven million passengers last year.

China investigates defence minister for corruption: report


By AFP
November 26, 2024

Chinese defence minister Dong Jun has been placed under investigation for corruption, a report said Wednesday - Copyright AFP ADEK BERRY

Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said Wednesday, the latest official to fall in a sweeping crackdown on graft in the country’s military.

Citing current and former US officials familiar with the situation, British newspaper the Financial Times said the investigation into Dong was part of that broader probe into military corruption.

Neither Beijing’s foreign ministry nor its embassy in Washington replied to AFP’s request for confirmation on Wednesday morning.

A former navy commander, Dong was appointed defence minister in December last year following the surprise removal of Li Shangfu just seven months into the job.

Li was later expelled from the ruling Communist Party for offences including suspected bribery, state media said.

His predecessor, Wei Fenghe, was also kicked out of the party and passed on to prosecutors over alleged corruption.

Beijing has deepened a crackdown on alleged graft in the armed forces over the past year, with President Xi Jinping this month ordering the military to stamp out corruption and strengthen their “war-preparedness”.

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Great Purge | History & Facts - Britannica

In addition to the so-called show trials, a series of closed trials of top Soviet military leaders was held in 1937–38, in which a number of prominent ...

Hong Kong tycoon Jimmy Lai’s court case a ‘show trial’: son


By AFP
November 26, 2024

Sebastien Lai is concerned for his father Jimmy Lai's health - Copyright AFP -
Marie HEUCLIN

The son of the Hong Kong democracy activist Jimmy Lai said Tuesday that his father’s trial in the Chinese territory was a “sham” but that he was “proud” of how he was handling himself in court.

The 76-year-old media tycoon has been testifying for three days in Hong Kong about claims that he colluded with foreign forces, an offence carrying up to life in prison under the sweeping national security law Beijing imposed on the financial hub in mid-2020.

The founder of the now-shuttered tabloid Apple Daily is also accused of “conspiracy to publish seditious publications”.

His son Sebastien, who has been travelling the world to denounce his father’s arrest since he was detained in 2020, is following in real time the media coverage of his father’s testimony.

“The trial is one of the first times in the last four years where I have any indication of how he’s doing,” Sebastien Lai told AFP in an interview in London.

“He’s been kept in solitary confinement for the last four years. His health obviously has gotten quite a bit worse but from his statements, his spirit’s still strong and his mind’s still sharp.”

On Tuesday, Jimmy Lai told the court he had advocated “peaceful resistance” against China’s erosion of the city’s freedoms and tried to “reduce violence” during huge democracy protests in 2019.

“It’s quite heartbreaking seeing my father being dragged to court with all these sham allegations. But I’m also incredibly proud of him”,” Sebastien Lai said.

“They’ve been trying to break him for four years but he’s unbroken.”



– Hong Kong ‘on trial’ –



Sebastien Lai, who has not set foot in Hong Kong for four years because of his fight to defend his father, said he had little hope of seeing him judged impartially.

“It’s a complete show trial,” he said, noting that the three judges hearing the case were appointed by the government and there is no jury.

United Nations human rights experts have called for the release of Lai, as have major Western governments including Britain.

British Prime Minister Keir Starmer raised Lai’s case with Chinese President Xi Jinping when they met on the sidelines of the G20 summit in Brazil this month.

“My father at every turn, at every crossroad, chose to do the right thing. And Hong Kong is showing you what the cost is of doing the right thing,” Lai said.

Last week, a Hong Kong court sentenced 45 pro-democracy activists to up to 10 years in prison for subversion.

Lai says his father’s trial demonstrates “a very clear decision by the government to criminalise everything that my father stands for, which is campaigning for democracy, the free press, free speech, freedom of assembly”.

“Symbolically, they’re putting my father on trial, but also these freedoms that made Hong Kong great on trial,” he said.

Lai said statements by Starmer and foreign minister David Lammy calling for his father’s release were “incredibly important” but did not go far enough.

“The United Kingdom can decide whether they are a place that protects citizens from being arbitrarily detained or not,” he said, adding that the fact his father will turn 77 next month makes his case “very urgent”.

“My father could die at any point given his age. It’s not just about freeing him now. It’s about saving his life.”

US lawmakers warn Hong Kong becoming financial crime hub

DISINFORMATION, MISINFORMATION AND OUTRIGHT SLANDER

By AFP
November 26, 2024


US lawmakers called on Treasury Secretary Janet Yellen to reevaluate Hong Kong's unique trade privileges - Copyright AFP Dale DE LA REY

US lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its “increasing role” in money laundering, sanctions evasions and reported funneling of banned technology to Russia.

Since Beijing imposed a sweeping national security law on the semi-autonomous Chinese city in 2020, “Hong Kong has shifted from a trusted global financial center to a critical player in the deepening authoritarian axis of the People’s Republic of China (PRC), Iran, Russia, and North Korea,” the US Select Committee on the Chinese Communist Party said in a letter to Treasury Secretary Janet Yellen.

The bipartisan committee called on Yellen to reevaluate Hong Kong’s unique trade privileges, which treat the financial hub as distinct from the rest of China.

The security law — put in place after huge democracy protests roiled the city — “effectively subjects Hong Kong to PRC control,” the lawmakers said.

“We must now question whether longstanding US policy towards Hong Kong, particularly towards its financial and banking sector, is appropriate,” the letter said.

According to the committee, Hong Kong has become a leading player in shifting banned Western technology to Russia, creating front companies for purchasing barred Iranian oil, facilitating the trade of Russian-sourced gold and managing “ghost ships” that engage in illegal trade with North Korea.

It cited “recent research” estimating that “nearly 40 percent of goods shipped from Hong Kong to Russia in 2023” were on US and EU lists of banned goods, including semiconductors and other technology Moscow needs for its war in Ukraine.

After the British handover of Hong Kong to China in 1997, the city was promised semi-autonomy, including judicial independence, for 50 years under the “One Country, Two Systems” agreement.

But Washington has repeatedly warned the national security law — as well as a subsequent security law known as Article 23 — eroded that firewall, effectively silencing dissent in the city and curtailing the freedoms that allowed it to operate as a global financial center.

In September, the US State Department issued an advisory warning about “new and heightened risks” for businesses operating in Hong Kong because of Article 23.

China and Hong Kong have, however, maintained the laws were needed to restore order and protect the financial hub’s economy after the massive and at times violent democracy protests in 2019.

South Korean capital hit by record November snowfall: weather agency


By AFP
November 27, 2024

The snowfall caused flight cancellations and delays - Copyright AFP JUNG YEON-JE

South Korea’s capital was blanketed Wednesday by the heaviest November snowfall since records began over a century ago, the weather agency said.

The Korea Meteorological Administration said 16.5 centimetres (6.5 inches) of snow fell by 7:00 am (2200 GMT Tuesday), compared to Seoul’s previous record of 12.4 cm on November 28, 1972.

Coincidentally being the first snow of the season in Seoul, it is the highest figure in November since the agency set up nationwide observation posts in 1907.

A heavy snow warning urged residents to “refrain from operating vehicles and engaging in outdoor activities” and to “beware of falling trees”.

Such warnings are issued when snowfall accumulates to 20 cm or more within 24 hours.

As heavy snow fell nationwide, multiple accidents occurred due to vehicles sliding on icy roads, though no major injuries have been reported.

Falling trees caused power outages, affecting more than 150 households around Seoul in the morning.

Main roads were closed for maintenance, leading to severe traffic congestion, while at least 22 domestic flights were cancelled, and several others were delayed, according to the transport ministry.

President Yoon Suk Yeol called on officials to “minimise potential damage and public inconvenience caused by the snow,” as the heavy snowfall is expected to continue until Thursday morning.

The heavy snowfall was caused by the “significant temperature difference between the sea surface and the cold air,” Youn Ki-han, director at Seoul’s Meteorology Forecast Division, told AFP.

“Over the West Sea, moisture forms, and when cold air from the north moves down as it typically does, if the West Sea is also cold as in previous years, the temperature difference is smaller,” said Youn.

However, due to the unusually warm temperatures in recent weeks, this difference became more pronounced.

Another factor behind the heavy snowfall, Youn added, is that “the strong snow was consistently carried by the westerly winds, pushing it into the Seoul metropolitan area.”

“Snow kept falling in the same areas repeatedly, leading to greater accumulation.”

Up to 20 cm of additional snowfall is expected to fall around the capital, according to the weather agency.