April 19, 2023

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Newsroom, 19.04.2023, 13:55

VISIT The president of Romania
Klaus Iohannis is carrying on his visit to Brazil today. He travels to Rio
de Janeiro, where he has meetings scheduled with the deputy governor and the deputy
mayor of the city, and will pay tribute to the World War II heroes. On Monday, Mr.
Iohannis met with his counterpart Luiz Inácio Lula da Silva. The two officials
signed a joint statement on the development of bilateral relations. Klaus
Iohannis assured his counterpart, Luiz Inácio Lula da Silva, of Romania’s
support for advancing the EU – Brazil agenda through projects designed to
benefit citizens. This is the first stage of the Romanian president’s
south-American tour, which also includes Chile and Argentina. The goal is to rekindle
the top-level dialogue with these countries and to present Romania’s position,
as an EU and NATO member, with respect to the war launched by Russia in
neighbouring Ukraine.

AGRICULTURE A
simple motion tabled by the opposition against the agriculture minister Petre
Daea has been dismissed in the Chamber of Deputies today. The motion was
discussed in parliament on Tuesday. The initiators argued that
Daea
was directly responsible for the steep rise in the prices of basic foodstuffs, for
the poor handling of the swine fever and avian influenza crises, and also for
the failure to secure EU funding for the Romanian farmers affected by the grain
imports from Ukraine. The agriculture minister said none of the allegations
were based on actual figures. On the other hand, he is set to discuss with his
Ukrainian counterpart Mykola Solskyi today, about the situation created by the duty-free
Ukrainian grain imports to the EU. Last week, Poland and Hungary, followed by
Slovakia, announced a temporary ban on these imports. Poland also suspended
grain transit on its territory, but following talks between the two parties an
agreement was reached on Tuesday to resume transit, provided that the grains
are not sold in that country. Hungary also announced that Ukrainian grain
shipments would be sealed and monitored while on Hungarian territory. In
Bucharest, the Social Democratic Party intends to persuade the ruling coalition
to temporarily suspend these imports, in order to protect Romanian farmers, in
the absence of sufficient compensation from the European Commission. Brussels
on the other hand finds the measure unacceptable and has called for coordinated
decisions, while promising a new aid package for the affected farmers.

ART Since the
start of the Timisoara – 2023 European Capital of Culture programme this
February, over 12,000 Romanian and foreign art lovers have visited the National
Art Museum in Timişoara, western Romania, to see the first retrospective
exhibition devoted to Victor Brauner. Probably no other exhibition in the
history of the museum has attracted so many visitors as ‘Victor Brauner: Inventions
and magic did in only two months, the museum director Filip Petcu said on
Monday. Some 100 works, including paintings, drawings, sketches, etchings and
documents by the Romanian surrealist artist are on display in Timişoara. Of
these, 40 are on loan from the Pompidou Centre in Paris, while others have been
made available by Saint-Etienne Metropole, Musee Cantini Marseilles and other
museums or private collections in Romania and abroad.

FINANCE One of
the indicators taken into account by Fitch Agency when improving Bucharest’s
long-term issuer default rating was the adjustment of expenditure to revenues, the
mayor Nicuşor Dan announced on Wednesday. In a Facebook post, he says that the
municipality’s efforts to achieve financial stability are beginning to yield
fruit, given that Fitch has improved Bucharest’s standalone credit profile from
‘BBB+’ to ‘A’, a class higher than the national rating, which means a good
capacity to meet financial obligations. On April 15, Fitch Ratings reconfirmed
Bucharest’s ‘BBB-‘ ratings for long-term foreign and local currency debt and
upgraded the outlook from negative to stable. Last month Fitch had also
reconfirmed Romania’s BBB-/F3 rating for long and short-term foreign currency
debt and upgraded the outlook from negative to stable. With a population of approx.
2.16 million, Bucharest accounts for over 30% of
Romania’s economy, and its local wealth level is more than four times the
national average.

USA
Fox News, the TV channel of choice of US Conservatives, has agreed to pay USD
787.5 million to the voting technology company Dominion, after a last-minute
settlement to avoid a lawsuit concerning its coverage of the 2020 presidential
elections, France Presse reports. Dominion had originally claimed USD 1.6 bln.
The settlement saves the pearl of Rupert Murdoch’s media empire from what the New
York Times described as the defamation trial of the century. The lawsuit was generally
viewed in the US as a test for the limits of the freedom of expression
guaranteed by the First Amendment of the US Constitution, and of the fight
against misinformation. (AMP)