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DAILY NEWS IN ENGLISH

Chinese investments in Europe take a dive

32/2019 • 7 FEBRUARY, 2019

Pope Francisʼ UAE trip a historic milestone

A study published Tuesday by consultancy EY shows that Chinaʼs mergers and acquisitions in Europe dipped by 21 percent last yearwith a total of 196 M&A deals registered in 2018. In Germany alone, the number of investment deals sank from 54 to 35 last year. The decline in Chinese investment activities on the Continent was particularly dramatic in the second half of 2018 when the number of acquisitions decreased by 26 percent, and the number of investments in Germany plunged by a staggering 60 percent. There were only 10 Chinese transactions in Germany in the final six months of last year, with the number of takeovers hitting low levels last seen in the first half of 2013.

Francisʼ trip to the United Arab Emirates has given new hope to interfaith dialogue

Russia to build midrange nuclear missiles after INF treaty withdrawal

It is the first time the pope has ever visited the Arabian Peninsula, the birthplace of Islam.

The defense secretaryʼs statement follows a decision by the United States last weekto suspend obligationsto theINF Treaty, a bilateral arms agreement banned ground-launched missiles with a range of 500 to 5,500 kilometers (310 to 3,410 miles). The US has claimed Russia had violated the treaty, which former Soviet and US Presidents Mikhail Gorbachev and Ronald Reagan agreed to in 1987. Russia, who denied the US allegations, responded to the US pullout by withdrawing from the treatyas well. Shoigu said Tuesday that such mid-range missiles must now be designed, insisting that Russia take "tit-for-tat measures." He also accused the US of seeking to make "ground-based missiles with a range capability of over 500 kilometers."

A trip like this is almost provocative in an era of flourishing populism, building walls, hatred of the oppressed and religious persecution. Pope Francisʼ historic decisionto travel to the Arabian Peninsulais the antithesis of all that. A papal journey always comes with fanfare. Francisʼ trip to the United Arab Emirates was no different. There were plenty of colorful moments, but perhaps the most inspirational of them all was the image of the grand imam, the sheikh and the pope hand-in-hand. Read more:Human Rights Watch: ʼThe UAE is not a tolerant stateʼ Francis and the grand imam of Al-Azhar, Ahmed elTayeb, signed a joint declaration — a strict rejection of violence and terrorism, an appeal for development and justice, and an affirmation of womenʼs and childrenʼs rights. Some aspects of the declaration can be interpreted as an admonition to the UAE — a countrywith a poor human rights record. The "Document on Human Fraternity for World Peace and Living Together" is a message to the global community. That is why this trip, the popeʼs 27th thus far, is his perhaps Francisʼ most important. Previous travels have taken him to the Holy

Land, Turkey, the Central African Republic and Azerbaijan, to Egypt, Myanmar and Bangladesh. It was Francisʼ fifth meeting with Grand Imam el-Tayeb. It would be interesting to know whether el-Tayeb, who is an influential authority in Egypt, will read the document out loud back in his home country, which has also has a poor record on human rights. Francisʼ trip to the UAE evoked recollections of a similar journey exactly 800 years ago, when Francis of Assisi, determined to forge peace, traveled to the Nile during the Fifth Crusade and preached to the Muslim armyʼs Sultan Al Kamil. Today, politicians might call him crazy. The current pope, a Jesuit from Argentina, is the first head of the Catholic Church to choose the name of that religious orderʼs founder — Francis. During the interreligious conference and even the large mass in Abu Dhabi, the pope spoke of Saint Francis and his instructions on how his brethren were to approach Saracens and nonChristians: "At that time, as many people were setting out, heavily armed, Saint Francis pointed out that Christians set out armed only with their humble faith and concrete love."

Greece: Turkish coup suspects ʼnot welcome,ʼ but Athens must respect judiciary Greek Prime Minister Alexis Tsipras said Tuesday that coup suspects are "not welcome" in Greece, but the case regarding eight Turkish servicemen who fled the country after a failed 2016 coup attempt on Turkish President Recep Tayyip Erdogan is a judiciary matter. "On the thorny issue of the eight soldiers, Greece respects the decisions delivered by the judiciary," Tsipras said in Ankara after meeting with Erdogan. "Coup plotters are not welcome in Greece, however what is more important is to strengthen our cooperation on the sector of security." The soldiers,who fled to Greece seeking asylum, have been a source of tension between the two Aegean Sea neighbors in recent years. But Tsipras said Greece and Turkey have agreed to deescalate tensions and initiate confidence building measures.

Germany reveals plan to stop foreign takeovers Germanyʼs economy minister, Peter Altmaier, on Tuesday officially launched a controversial plan aimed at developing the countryʼs industrial sector and increasing its international competitiveness in technology and innovation. Though it was the first time Altmaier fully detailed the "National Industry Strategy 2030," some key points had previously been revealed the German media the previous week, prompting the minister to take the defensive against claims of protectionism and intrusive state intervention.

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