Erdogan’s moves offer little reward | Opinion

Turkey has resisted the temptation to cut borrowing costs, for now. The new head of the central bank, Sahap Kavcioglu, on Thursday kept the main rate at 19%, while hinting at a possible relaxation.

Tayyip Erdogan’s apparent goal of easing monetary policy falters. In March, he abruptly replaced the governor, Naci Agbal, who had raised rates that month by 200 basis points, the third dismissal from the post in two years. Kavcioglu seemed more inclined to please him, having argued that high rates can cause, rather than slow down, inflation.

So far, you have avoided any rough action. But you are setting the stage for relaxation. He spoke of keeping rates above inflation. Since the annual exceeded 16% in March, you can raise them up to 300 points. Meanwhile, the promise of March to maintain a tight monetary policy “for an extended period” disappeared.

But Turkey is worse than before. The lira has lost more than a tenth of its value against the dollar since the appointment. And, having spent more than $ 100 billion in 2020 to shore it up, the bank only has $ 10 billion in net foreign exchange reserves, the lowest level since 2003, giving it little ability to fight a sell-off. Also, the Turks are avoiding it in warehouses.

That means inflation can continue to rise. The growing current account deficit, of 2.6 billion dollars in February, is another cause for concern, especially since the restrictions mean that tourism will suffer again this year, which will hurt exports. Kavcioglu is unlikely to be able to slash rates without risking rising inflation, or even a currency crisis.

Your biggest problem is a lack of credibility. Société Générale estimates that another $ 5.9 billion of capital will leave Turkish assets in the short term. The central bank’s twists and turns make a rate cut even more risky.

The authors are columnists for Reuters Breakingviews. Opinions are yours. The translation, of Carlos Gomez Down, it is the responsibility of Five days

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Teruel is the Spanish province most prone to the type of storm that generates tornadoes

Teruel is the province that registers more supercells, a type of super storm that is characterized by having on its axis an air current that rises in a spiral with downward flows in the front and rear areas and, above all, for its harmful effects. According to the study carried out during the last decade by a group of meteorologists, the eastern half of Teruel is the area of ​​the country where these types of atmospheric phenomena are most recorded, which have as a distinctive element the heavy hailstorms, but what are also those responsible for tornadoes, much more unusual in the province. The areas of Teruel hardest hit exceed on average 1.7 supercells per year, while most of the country remains below 0.1 per year.

The research, entitled ‘Supercell Climatology in Spain’, has processed data on a thousand supercells from 2011 to 2020, inclusive, and has found that these extreme phenomena occur in the country with much more frequency than suspected. According to Yago Martin, one of the authors of the study, every year they are registered in the Iberian Peninsula 150 supercells, even though the vast majority are concentrated in the northeast quadrant.

According to the catalog, the most affected area is, by far, the province of Teruel, which has four large areas of accumulation of these processes with incidents that exceed, on average, one supercell per year during the last decade. The most prone areas are located in the Maestrazgo, Gúdar-Javalambre, Andorra-Sierra de Arcos and Bajo Martín. The most likely months are July and August.

The point of greatest density in the entire State is located at the confluence of the Teruel Maestrazgo with the Castellón, with its epicenter in Villafranca del Cid (Castellón), which reaches the record of 1.7 to 1.8 supercells per year. This focus extends to Cantavieja, with more than one a year. The next nucleus by intensity of these great storms is located southeast of Andorra, where 1.3 supercells are exceeded annually.

The map shows the highest concentration of supercells in the eastern quadrant of the country from 2011 to 2020.
Herald

Yago Martín explains that eastern Teruel is particularly prone to supercells because it is a high-altitude area where masses of warm and humid air from the Mediterranean converge with the cold and dry air that comes from the interior of the Peninsula.

In order for them to occur, the key ingredient is high winds. This type of extreme meteorological phenomenon is responsible in the United States for the fearsome tornadoes, an effect that they hardly produce in Spain, where the main associated risk is large hail. An example was the hailstorm recorded in Rubielos de Mora on July 23, 2017, which left hail the size of tennis balls and destroyed the roofs of the town as well as dented all the vehicles parked on the street. The inventory of the last decade includes two other supercells with hail more than three inches in diameter, in September 2018 in Híjar and in August 2020 in Obon.

The research team is working on creating a meteorological “model” that simulates the formation of supercells in order to be able to advance your prediction to avoid damage to the population. Yago Martín warns that, although this line of research, led by Roberto Granda, is still under development, it offers promising results.

Martín explains that, when launching the research, it was thought that supercells were very rare in Spain, but the work over the last ten years shows that they are frequent phenomena in the country even though they are not associated with tornadoes. The main source of information is the radar images of Aemet, although the researchers also appeal to “citizen collaboration” to receive video images and photos that help to confirm the characteristics of the supercells and to know their effects.

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South Africa offers Turkey a lesson on inflation | Opinion

South African central bank chief Lesetja Kganyago owes Tayyip Erdogan one. By firing his head of monetary policy, the Turkish president caused a currency and bond crash. It’s a dramatic reminder to Kganyago’s political bosses of what could go wrong if they started meddling in rate politics.

The Turkish economy is twice that of South Africa and has a more developed manufacturing sector. They coincide in the high volume of trading of their currencies and in their great needs for external financing, which makes them vulnerable to faltering in investor confidence. When one receives a blow, the other suffers a bruise. For example, in August 2018, when the rand fell 15% in two days in reaction to another Erdogan-inspired crash in the lira.

But the ties have been loosened. Last Monday, the rand even won as the lira plummeted. The main reason is inflation. Erdogan’s view that high rates cause, rather than prevent, price rises contrasts with Pretoria’s orthodox view and its adherence to a 3% -6% target. And while the Turkish leader has gone through four central bank heads in two years, Kganyago is only the fourth in South Africa since apartheid ended in 1994.

South Africa has reaped the benefits of falling inflation. From just 3.2% in January, it allows Kganyago to maintain a flexible policy to boost the recovery, even though it may not appeal to return-hungry foreign investors who own a third of the country’s debt. Few emerging can afford it.

It does not mean that he is safe. Its economy is in the doldrums, this year’s deficit will be 14% of GDP and the agencies have reduced their credit to garbage. Its yield curve also points to long-term concerns about the government’s ability to pay: in 2024, debt service costs will consume 16% of public spending. Politicians also attack the central bank when it suits them. Thanks to Erdogan, Kganyago’s reply will be even stronger.

The authors are columnists for Reuters Breakingviews. Opinions are yours. The translation, of Carlos Gomez Down, it is the responsibility of Five days

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Star Wars The Mandalorian Statue 1/6 The Child In Pram | Actionfiguren24

Produktinformationen “Star Wars The Mandalorian Statue 1/6 The Child In Pram”

Diamond Select Toys presents in a limited edition:
Star Wars The Mandalorian Statue 1/6 The Child In Pram

Diamond Select presents this high-quality resin statue from the Star Wars TV series ‘The Mandalorian’.

The 1/6 format is approx. 14 cm tall, hand-painted, has a high degree of detail and is presented on a base. The child sits in its floating capsule, which acts as a stroller.

This unique collector’s item is packed in a printed box with a certificate of authenticity.

Limited to 3000 pieces!

Danger! Not suitable for children under 36 months! Danger of suffocation due to small parts that can be swallowed!

Theme: Star Wars
Figurenart: Statue
Size: 30 cm (1/6)

Related links to “Star Wars The Mandalorian Statue 1/6 The Child In Pram”

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London is the most ‘pet friendly’ city in Europe

Reading time 2 minutes

Whether they have fur, feathers or scales, the truth is that pets have become part of the family and there are many people who cannot live without them. However, there are cities more welcoming than others for animals and this is demonstrated by this study of Money.co.uk, which has analyzed the most ‘pet friendly’ cities in Europe.

According to the data of the Spanish Network for the Identification of Companion Animals (REIAC), in Spain there are almost 13 million registered pets, of which almost five million are dogs. Both Madrid and Barcelona, ​​the two cities that enter this ranking, they are below the European average in terms of number of veterinarians per inhabitant and the number of parks and green areas to walk through, but we make up for it with a large number of daycare and pet stores. Our good climate also helps and contributes to making us one of the kindest places to live with animals.

The worst rated cities in this ranking are Budapest, Kiev and Bucharest, that have very few veterinarians and nurseries, limited facilities to rent a home that allows pets or few restaurants that allow entry.

As for the most popular pets in each country, we will not be surprised to learn that In Spain, cats and dogs prevail, but it is striking that in France and England there are 37 and 20 million fish, respectively. Only in Russia there are 17.8 million cats, while in Germany they have a lower number, only 8.2 million cats. As for birds, the most bird-loving country is Italy with 13 million specimens. Pens are also popular in Belgium, but being a less populated country it only has 2.7 million. The most doggy territories are Poland (7.3 million), Spain (4.7 million) and Romania (4.1 million).

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The best Christmas presents for boys

Updated November 30, 2020, 9:40 a.m.

The festival of love – and gifts – is getting closer and closer. And so that there are no dramatic scenes with your child under the Christmas tree, here are a few tips on what boys really want for Christmas.

All leaderboards here in the overview

In this article we report on various products. These products are partially provided with so-called partner links: If you order a product via such a link, we will in some cases receive a commission. The price for you remains unchanged. In order to be able to assign commissions, our partners use necessary cookies, which are set when clicking on the partner links. The commissions have no effect on our assessments or test results.

small child

DUPLO fire engine

With this vehicle your boy becomes a firefighter.

© amazon.de

Probably every child is a proud owner of a fire truck at some point while growing up. The “Tatü Tata” by Duplo is suitable for children from two years of age, has a movable crane with a turntable ladder and a “fire” that can be easily extinguished using the retractable fire hose. And then a little firefighter is born.

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Vehicle hidden object book

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Hidden object books just always work.

© amazon.de

Another classic among the Christmas gifts for toddlers are hidden object books. If your baby has already liked the DUPLO fire engine, they will love the Wimmelbuch vehicle. In this there are all possible companions to discover, while the reader has to find the dog Rudi again. This is because the Sonnenschein family escaped and is hiding somewhere between all the vehicles.

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Car carpet

In order to finally transform the children’s room into a car paradise, all that is missing is a cute car carpet on which all possible toy cars can be tried out.

Buy a car carpet at Otto (Advertisement)

BMW bobby car

The BMW Bobbycar is the perfect Christmas present for anyone who not only wants to jet around in the room, but also wants to drive a wild speedster outside.

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Steiff soft toy

Your boy is not that into vehicles? Then this gift idea might be the right one. A Steiff stuffed animal simply belongs in every children’s room. The teddy bear with the button in the ear is a classic that never goes out of style.

Buy Steiff stuffed animal at Amazon (Advertisement)

Elementary school age

Pippi Longstocking

Primary school is an exciting time for children, where a lot is discovered and learned – including reading. The best thing is to support the guys from the start and give them a book every now and then. You never go wrong with Astrid Lindgren’s stories.

Buy “Pippi Longstocking” at Hugendubel (advertisement)

Kettcar

As soon as it gets too tight for the little man in the Bobbycar, a Kettcar can help. A great gift idea if you want to get your son, nephew or grandchild to spend a little more time in the fresh air.

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Beyblade

The latest craze in children’s rooms: spinning discs called “Beyblades”, with which children compete against each other in arenas. With this gift you will definitely become parents of the year. And Christmas fun is guaranteed.

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Lego

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“Star Wars” and Lego are unbeatable gifts.

© amazon.de

There is probably a gift that will probably still be considered cool 50 years from now: Lego. Whether vehicles, kites or the great hall from “Harry Potter”. For some time now, the little stones have been making sure that children smile happily when they unwrap their presents at Christmas. But which set should you choose? With boys you are guaranteed to be spot on with “Star Wars”. And if the construction is still too difficult for the little ones, the parents can help. It’s even more fun together.

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Playmobil

Playmobil will not go out of style anytime soon. And which child doesn’t want to be a pirate once in their life?

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“Die Drei ???” – radio play

“The three ???” an astonishing number of adults are now being heard, but that does not mean that children of the 21st century cannot be introduced to the adventures of Justus, Peter and Bob. The stories are perfect for the offspring of primary school age. A good place to start is with a radio play box set, with three cases of the Rocky Beach detectives. The Christmas present is sure to go down well with befriended parents, because as long as boys say “Three ???” hear, they can’t do any nonsense.

Buy “Die Drei ???” – radio play at Hugendubel (advertisement)

Detective equipment

If the guys are interested in detective work after listening, a detective suitcase is another great Christmas present. And your child can learn something too.

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Walkie Talkie

In order to finally turn your child into a professional detective, only one thing is really missing: a walkie talkie. Also perfect for playing with a friend.

Buy walkie talkie at mytoys (ad)

Tip Toi – My big world atlas

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Tip Toi books are fun and children can learn from them.

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Are you looking for meaningful Christmas gifts with which children can not only have fun but also learn something? Then maybe the interactive educational games from Tiptoi are just the thing. The “Great World Atlas”, for example, is about finding out everything about the earth.

Buy Tip Toi on Amazon (Advertisement)

Teenager

Lego technology

Image for Lego technology, Christmas, gift, boys

Lego technology is a good present for older children.

© amazon.de

You have absolutely no gift idea for teenagers? It’s not as difficult as you might think at first. Lego has suitable items on offer not only for small children, but also for teenagers. With Lego technology, dexterity is first asked before you can actually do anything with the toy after assembling it. And which boy is not happy about a remote-controlled car, truck, ship or crane?

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Harry Potter

Nowadays one is tempted to keep giving teenagers the latest technology. But how about a very old-fashioned book for Christmas? “Harry Potter” can be read from around nine years of age, but it is also an absolute must for older children. In addition, reading can be at least as much fun as watching a movie.

Buy “Harry Potter” at Hugendubel (advertisement)

Soccer

Looking for a gift idea, but you haven’t found the right one yet? A soccer ball with friends was a great Christmas present for most guys back in the ’90s, and that hasn’t changed much to this day.

Buy football at mytoys (ad)

Nintendo Switch

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Do you want to make yourself popular with your nephew? With the Nintendo Switch you can definitely do that.

© amazon.de

Parents must always be careful not to spoil their children too much – fortunately grandparents, uncles and aunts are not subject to this requirement. If you want to make yourself popular with your nephew or grandson, there is probably a gift that surpasses all others: a game console.

A Nintendo Switch is a good start for a previously console-free household. Up to eight consoles can be networked for local wireless games. In addition, the Joy-Con controllers can easily be detached and thus become fun on the go.

Buy Nintendo Switch on Amazon (Advertisement)

In this article we report on various products. These products are partially provided with so-called partner links: If you order a product via such a link, we will in some cases receive a commission. The price for you remains unchanged. In order to be able to assign commissions, our partners use necessary cookies, which are set when clicking on the partner links. The commissions have no effect on our assessments or test results.


© 1 & 1 Mail & Media / teleschau

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Johnson and Von der Leyen agree to “redouble efforts” toward a post-Brexit deal

The British Prime Minister, Boris Johnson, and the president of the European Commission (EC), Ursula von der Leyen, they agreed ‘Redouble efforts’ towards a post-Brexit deal in a telephone conversation held this Saturday, a British government spokesman said.

The source noted that during the call, planned to Taking stock of the negotiationsJohnson noted that, while progress has been made, “significant differences persist in several areas” of common concern, including competition and fisheries.

The two leaders agreed that their respective teams will continue negotiations next Monday in London in order to “Redouble efforts to reach an agreement”, which would enter into force at the end, on December 31, of the post-Brexit transition period, which was formally executed on January 31.

For their part, Johnson and Von der Leyen “will remain in contact,” the spokesman said. If they fail to negotiate a bilateral pact, as of January 1, 2021, the United Kingdom and the European Union (EU) will start trading based on the generic, less beneficial regulations of the World Trade Organization (WTO).

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▷ Meghan Markle’s vote in the US elections

Meghan Markle’s vote in the US elections.
OKDIARY

05/11/202019:07

In these last American electionss  Meghan Markle has been encouraged to vote in its public comments. ‘Page Six’ has been confirmed by sources close to the Sussex that the Duchess voted days before by post, and they go further by adding that she would also have exercised her right as an American citizen if she continued to live in the United Kingdom.

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▷ The new virtual BlizzCon will be free for everyone: Blizzard says goodbye to the classic ticket in this edition

BlizzConline will be the event to learn more about Overwatch 2, Diablo 4, and other games.

Blizzard It has been holding a face-to-face event for 15 years where it announces news for its video games, and where fans can meet to participate in all kinds of activities related to their favorite titles. As we already knew, the 2020 pandemic has caused this BlizzCon to become “BlizzConline“an exclusively digital edition destined to maintain tradition from a safer perspective. And with this new format, they also arrive monetization changes.

In a video reviewing Blizzard-related news, products and services, President J. Allen Brack announces that BlizzConline, dated to February 19 and 20, will be free for all viewers. This is, in part, a first for the event: although the opening ceremony has always been free to watch, the rest of the tournaments, contests and collectibles were part of a virtual ticket of 40 dollars / euros.

In spite of everything, a good part of the activities which WoW parents are accustomed to, including competitions, cosplay contests or the fun march of the murlocs, where fans interpret these tribal fish with greater or lesser visual fidelity. Of course, we will also have ads.

In this edition, we will have to closely track Overwatch 2 Y Diablo IV, among other novelties. The former will add campaign heroes and PvE content to Blizzard’s cooperative shooter, while the latter will take a more sinister and traditional approach to the loot progression-based RPG series. Neither has a release date for now.

More about: Blizzard, BlizzConline, BlizzCon 2020, Diablo IV Y Overwatch 2.

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Flanders wields a 1666 treaty to fish in British waters even if Brexit fails

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by hatunruna a lavanguardia.com Sent: ____

Charles II of England had a hectic life. A woman he married in two separate ceremonies, no legitimate children, but a minimum of 12 with his lovers, a beheaded father, and himself spending nine years in exile before taking the thrones of England, Scotland and Ireland after the Cromwell’s death. He spent three of his years in exile in the Flemish city of Bruges and, grateful for their hospitality, in 1666 he awarded them the Privilegie der Visscherie, the privilege of fishermen who gave 50 boats from that city rights …

| labels: United Kingdom , England , Brexi , uk , fishing , boris , France , treaty


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