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by Paolo Cappelli

June 17, 2021

From the editorial staff





WSJ



Biden's warning to Putin on cyber attacks and the fate of Navalny



Biden reminded Putin that the United States has significant cyber capabilities, and is ready to respond if Russia launches attacks.

Asked what would happen if Navalny - who was arrested and incarcerated earlier this year after returning to Moscow from Berlin after attempted poisoning - died in Russian custody, Biden said: "I made it clear to him that the consequences. they would be devastating for Russia ".


Russia is not the existential rival that the Soviet Union was during the Cold War. But its ambitions in Eastern Europe, the Middle East and cyberspace continue to clash with the United States. These threats must be resolved firmly. The fruit of the summit will be whether Biden has successfully conveyed this message to the man on the other side of the table.



The FED signals a possible rate hike sooner than expected


Federal Reserve officials have signaled that they plan to raise interest rates by the end of 2023, sooner than expected in March as the economy is recovering rapidly from the effects of the pandemic and inflation heats up.

The forecast is for the benchmark rate to rise to 0.6% from almost zero by the end of 2023. In March they expected to keep it stable for that year.

Wall Street Reaction Immediate, Retreating Last Night Fed officials want the economy to approach their "maximum employment" targets and support 2% inflation before cutting bond purchases.









Handelsblatt


Industry at full speed


It was already known that the German economy had survived the pandemic well. It is now becoming clear that many companies are growing even stronger than expected. Core sectors of the German economy such as electrical engineering, chemicals, information technology and logistics will surpass the sales level of the pre-crisis year 2019 in 2021, according to a Handelsblatt analysis of the current forecasts of industries and groups. most important. And the Dax 30 companies will make higher profits than ever in German economic history. Experts attribute the positive development primarily to the export strength of the German economy, which is able to quickly take advantage of the economic recovery in Asia and offset weaknesses in Europe. To slow down German companies, explains the Ifo, is thecurrent shortage of materials on international markets






Les Echos


One million businesses created in one year


According to INSEE, almost a million companies have been created in the last twelve months, of which almost 80,000 in May alone. Never seen! A sign of dynamism and strong resilience, in the context of the pandemic. It is the result of the efforts made in the last fifteen years to simplify administrative procedures but the way in which the crisis was managed has also a lot to do with the strengthening of social safety nets. The economy has stopped, some employees have had time to think and act. The obligation to stay at home has profoundly changed society. Distributors have gained five years in terms of online sales. And the job transformation movement has continued with the strong growth of the business of platforms like Uber,that is, those that allow freelancers to get in touch with new contractors. The question now is whether this development leads to a business that in turn produces jobs and profits. Because hiring a professional to install a faucet through a networked platform after buying it in a store is not the same as running a plumbing business.








Le Soir


Biden and Putin attempt a de escalation in Geneva, a constructive meeting that has allowed them to take steps forward on more dossiers


The bubble of the 4 lives its last hours


The technical-scientific committee tomorrow will expand the social contacts allowed at the table at home and in the restaurants










Liberation


You can breathe.


Obligation to have an outdoor mask removed, via the curfew.

Based on positive signs, the government accelerates the exit calendar from the crisis.

A perfect timing before the regional election weekend









Le Figaro


Mascherina, curfew: Castex rings the end


After eight long months of restrictions, the French are finally getting a taste of freedom. Yesterday, at the end of a Defense Council and a Council of Ministers, Jean Castex took the floor to announce "a happy moment, a return to normal life for the French". A climate already acknowledged by the police, because the controls on compliance with the anti-pandemic rules in recent days have become very loose. In Geneva, Putin and Biden tell each other their 4 truths, a frank dialogue to lay the foundations for more constructive relations between the two countries










Le Parisien


Why Macron gives up the mask


Against all odds, the President of the Republic has decided to bring forward the end of the curfew and the obligation to wear a mask outdoors











El Periodico de Catalunya


Summer without masks


Local authorities are demanding the removal of the obligation to wear a mask outdoors.

WHO warns that virus spread remains faster than vaccine immunizations


Students aged 12 to 16 will be vaccinated before the new school year










Welt


USA and Russia accept the return of their ambassadors


A sign of detente from Geneva.

Putin speaks of a constructive meeting, Biden of positive tones












Die Presse


A nice handshake in Geneva


Joe Biden and Vladimir Putin shook hands briefly before the start of their summit meeting yesterday afternoon outside the beautifully adorned Villa La Grange on the south shore of Lake Geneva. Constructive meeting even if in many chapters the distances between Washington and Moscow remain significant  










FT


Biden warns Putin, devastating repercussions if Navalny were to die in prison


The EU must prepare for a "downward spiral" in relations with Russia, Brussels warned on the day the Russian and US presidents held a meeting in Geneva. Vladimir Putin deliberately took "aggressive actions", reads the strategic document published yesterday by the European Commission and the EU diplomatic service. Consequently, "the EU must prepare for further worsening of its relations with Russia as the most realistic prospect for the moment".









FAZ


Bidene Putin open dialogue on cyber attacks, ambassadors will return to Moscow and Washington respectively


analysis: Biden's offer to Putin, by Klaus Dieter Frankenberger


It is worrying that even in Soviet times there were more contacts between Moscow and Washington than there are today. But with Putin, Russia has embarked on a path that takes it further and further away from the democratic world. It acts as an aggressor against Ukraine and tries to intimidate its neighbors. The entire repressive apparatus of the state is used against Putin's internal opponents. Democratic processes in Western countries and their infrastructures are targeted by hacker attacks. The truth is that Russian rulers are afraid of democracy. The most valued clients are dictators like Assad. But even with this Russia, a modus vivendi must be found. Biden confronts authoritarian regimes and offers a dialogue. It is necessary and sensible,even if in Geneva it brought few tangible results.









NYT


Presidents also confront each other as they try to improve relations


Biden and Putin try to start a dialogue on cyber security and arms limits at the summit. A meeting of cordial words and dormant tensions



If this first meeting in Geneva gives any indication, theirs seems a tense and frustrating relationship, in which the two leaders can maintain a semblance of civil discourse even as they compete on the international stage and in cyberspace. . The two emerged from about three hours of conversation after examining a long list of disputes with no hint of resolution to any of them and no sign of a personal bond that could bridge the gap that has opened between the two countries.


It was palpable that Biden is sensitive to criticism accusing him of being too accommodating towards Putin, a concern shared by some within his own administration and a trend mounted in increasingly loud discussion by Republicans who have rarely protested against. the friendship of President Donald J. Trump with the Russian leader.

The fact that Biden and Putin expressed their judgments in separate press conferences was in itself an eloquent sign of the coldness in the relationship.








The Independent


US-Russia tension remains after the Biden Putin meeting












La Croix


Iran elections without illusions


Iranians vote for their president tomorrow, with no real hope of improving living conditions affected by covid and US sanctions












Peru21 (Peru)



USA: Democratic deputy asks Joe Biden to lift the sanctions against Venezuela imposed by Trump



Democratic Congressman Jim McGovern called on Joe Biden's government to lift the economic sanctions against Venezuela imposed by former President Donald Trump and criticized how Washington's strategy is affecting all Venezuelans.  



“I think the time has come to correct the course of US policy towards Venezuela. It is time to stop using the welfare of the Venezuelan people as a bargaining chip - McGovern said in a letter sent to Biden - The government must look for other ways to achieve its foreign policy goals ”. Since taking power nearly five months ago, Biden said sanctions against the Caribbean country are under review, as are many of Trump's measures, but McGovern criticized that "as officials in Washington argue, for the Venezuelan people, on the other hand, the current crisis is a matter of life or death ”.The Washington-based Center for Economic and Policy Research (CEPR) estimates that between 2017 and 2018 alone, US sanctions were responsible for the deaths of 40,000 Venezuelans. Furthermore, McGovern said that although "US officials regularly claim that sanctions affect the government and not the people," "economic suffering" is the goal these punishments seek. "I never believed that sanctions should be used to punish entire populations for the sins of their leaders or to force an opponent into submission," McGovern said in the letter, in which he also recalled that he "shared" the same opinion as Pope. Francis. The Biden government has maintained Trump's strategy towards Venezuela, considering Maduro a "dictator "and recognizing Juan Guaidó as the legitimate president of the South American nation. For now the president of the United States has no intention of establishing any contact with Maduro, at least in the short term.




Erdogan pronto a prendere il controllo dell'Afghanistan

La Turchia sta prendendo piede in un'altra regione


Turkey can maintain its military contingent in Afghanistan if the US agrees to provide adequate financial support. This statement was made at the end of the NATO summit in Brussels by President Recep Tayyip Erdogan. This promises to make the Middle Eastern country a major outside force on the Afghan scene. However, members of the radical Taliban movement still oppose this scenario because they see it as a violation of the peace agreement between the group and the United States. While for Washington, keeping the Turkish army in the country is a chance to prevent the militia from taking power, for Ankara it is an opportunity to gain a foothold in another region of the world.



Afghanistan was one of the topics of talks between Erdogan and his American counterpart Joe Biden in Brussels. "If the United States does not want us to withdraw from Afghanistan, and wishes to facilitate this in some way, then America's diplomatic, financial and logistical support becomes very important. We have communicated this position openly to the American president," the president explained. Turkish leader. "We cannot ignore the Taliban and they can continue to negotiate with us and take different actions." Erdogan made it clear that his plans are to continue activities in Afghanistan together with Hungary and with the involvement of Pakistan. "There are agreements on this," the Turkish president explained.  



Turkish Defense Minister Hulusi Akar has publicly pointed out that his country is capable of becoming a military pillar for Kabul, but on the condition that NATO allies provide political, financial and logistical support for that purpose. "If assistance is provided, we will be able to stay at Hamid Karzai International Airport. We are awaiting a response on the conditions we have placed. We want to stay in Afghanistan as long as the Afghan people need help," the minister noted.