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=Riga (=Riyadh ORome oSan Salvador (=Sanaa oSantlago =Santo Domingo =Sarajevo CSeoul °SIngapore °Sofia OTbihsi °Tel Aviv °The Hague (=Tokyo °Tunis (=Vienna ° Warsaw CLASSIFICATION LEVEL (CHECK ONE) IDIJNCLASSIFIED, NOT SENSITIVE °SENSITIVE, BUT UNCLASSIFIED (=CONFIDENTIAL =SECRET

=Riga (=Riyadh ORome oSan Salvador (=Sanaa oSantlago =Santo Domingo =Sarajevo CSeoul °SIngapore °Sofia OTbihsi °Tel Aviv °The Hague (=Tokyo °Tunis (=Vienna ° Warsaw CLASSIFICATION LEVEL (CHECK ONE) IDIJNCLASSIFIED, NOT SENSITIVE °SENSITIVE, BUT UNCLASSIFIED (=CONFIDENTIAL =SECRET

=Riga (=Riyadh ORome oSan Salvador (=Sanaa oSantlago =Santo Domingo =Sarajevo CSeoul °SIngapore °Sofia OTbihsi °Tel Aviv °The Hague (=Tokyo °Tunis (=Vienna ° Warsaw CLASSIFICATION LEVEL (CHECK ONE) IDIJNCLASSIFIED, NOT SENSITIVE °SENSITIVE, BUT UNCLASSIFIED (=CONFIDENTIAL =SECRET

=Riga (=Riyadh ORome oSan Salvador (=Sanaa oSantlago =Santo Domingo =Sarajevo CSeoul °SIngapore °Sofia OTbihsi °Tel Aviv °The Hague (=Tokyo °Tunis (=Vienna ° Warsaw CLASSIFICATION LEVEL (CHECK ONE) IDIJNCLASSIFIED, NOT SENSITIVE °SENSITIVE, BUT UNCLASSIFIED (=CONFIDENTIAL =SECRET

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on 0 Jacksonville 0 Kansas City O Knoxville =Las Vegas o Little Rock o Los Angeles 0 Louisville =Memphis °Miami 0 Milwaukee =Minneapolis °Mobile °Newark =New Haven ONew Orleans *New York City =Norfolk 0 Oklahoma City 0 Omaha Di Philadelphia o Phoenix o Pittsburgh o Portland 0 Richm

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on 0 Jacksonville 0 Kansas City O Knoxville =Las Vegas o Little Rock o Los Angeles 0 Louisville =Memphis °Miami 0 Milwaukee =Minneapolis °Mobile °Newark =New Haven ONew Orleans *New York City =Norfolk 0 Oklahoma City 0 Omaha Di Philadelphia o Phoenix o Pittsburgh o Portland 0 Richm

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Rabat o Riyadh cm Rome o San Salvador o Sanaa o Santiago Santo Domingo in Sarajevo Seoul o Singapore Sofia °Tallinn =Tbilisi Tel Aviv =Tokyo CI Vienna Warsaw CLASSIFICATION LEVEL (CHECK ONE) UNCLASSIFIED, NOT SENSITIVE =SENSITIVE, BUT UNCLASSIFIED °CONFIDENTIAL ° SECRET ATTENTION:

Rabat o Riyadh cm Rome o San Salvador o Sanaa o Santiago Santo Domingo in Sarajevo Seoul o Singapore Sofia °Tallinn =Tbilisi Tel Aviv =Tokyo CI Vienna Warsaw CLASSIFICATION LEVEL (CHECK ONE) UNCLASSIFIED, NOT SENSITIVE =SENSITIVE, BUT UNCLASSIFIED °CONFIDENTIAL ° SECRET ATTENTION:

Rabat o Riyadh cm Rome o San Salvador o Sanaa o Santiago Santo Domingo in Sarajevo Seoul o Singapore Sofia °Tallinn =Tbilisi Tel Aviv =Tokyo CI Vienna Warsaw CLASSIFICATION LEVEL (CHECK ONE) UNCLASSIFIED, NOT SENSITIVE =SENSITIVE, BUT UNCLASSIFIED °CONFIDENTIAL ° SECRET ATTENTION:

Rabat o Riyadh cm Rome o San Salvador o Sanaa o Santiago Santo Domingo in Sarajevo Seoul o Singapore Sofia °Tallinn =Tbilisi Tel Aviv =Tokyo CI Vienna Warsaw CLASSIFICATION LEVEL (CHECK ONE) UNCLASSIFIED, NOT SENSITIVE =SENSITIVE, BUT UNCLASSIFIED °CONFIDENTIAL ° SECRET ATTENTION:

Rabat o Riyadh cm Rome o San Salvador o Sanaa o Santiago Santo Domingo in Sarajevo Seoul o Singapore Sofia °Tallinn =Tbilisi Tel Aviv =Tokyo CI Vienna Warsaw CLASSIFICATION LEVEL (CHECK ONE) UNCLASSIFIED, NOT SENSITIVE =SENSITIVE, BUT UNCLASSIFIED °CONFIDENTIAL ° SECRET ATTENTION:

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acksonville o Kansas City cm Knoxville o Las Vegas o Little Rock o Los Angeles o Louisville o Memphis ci Miami o Milwaukee o Minneapolis o Mobile o Newark o New Haven o New Orleans lir:INew York City := Washington Field °Norfolk o Oklahoma City o Omaha o Philadelphia o Phoenix o Pitts

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cs, the American education system and many other subjects. With her husband, Post journalist Kevin Sullivan, Jordan ran the newspaper's bureaus in Tokyo, Mexico City and London. Jordan has written from nearly 40 countries and also been a frequent commentator on BBC Television. Jordan, a daughter of

consilience), and one technological advance in the study of global biodiversity (the Encyclopedia of Life). A native of Alabama, Wilson grew up in Mobile and received his bachelor's and master's degrees in biology from The University of Alabama (1949,195o) and his doctoral degree in biology from Har

erce Centre, 1 Austin Road West,Kowloon, Hong Kong Tel: (852) 2203 8888 Deutsche Securities Inc. 2-11-1 Nagatacho Sanno Park Tower Chiyoda-ku, Tokyo 100-6171 Japan Tel: (81) 3 5156 6770 Marcel Cassard Global Head FICC Research & Global Macro Economics Ralf Hoffmann Regional Head Deutsche B

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=Riga (=Riyadh ORome oSan Salvador (=Sanaa oSantlago =Santo Domingo =Sarajevo CSeoul °SIngapore °Sofia OTbihsi °Tel Aviv °The Hague (=Tokyo °Tunis (=Vienna ° Warsaw CLASSIFICATION LEVEL (CHECK ONE) IDIJNCLASSIFIED, NOT SENSITIVE °SENSITIVE, BUT UNCLASSIFIED (=CONFIDENTIAL =SECRET

on 0 Jacksonville 0 Kansas City O Knoxville =Las Vegas o Little Rock o Los Angeles 0 Louisville =Memphis °Miami 0 Milwaukee =Minneapolis °Mobile °Newark =New Haven ONew Orleans *New York City =Norfolk 0 Oklahoma City 0 Omaha Di Philadelphia o Phoenix o Pittsburgh o Portland 0 Richm

of each other's imports in the fight over complaints about Beijing's trade surplus and technology development plans." — A powerful typhoon pounded Tokyo, leaving nearly one million people without power. Simon Denyer reports: "Typhoon Faxai was the strongest storm to hit the Japanese capital in years

911 higher when the extent of the damage becomes clearer." -- Related: In Alabama, there are no signs of Trump's hurricane. Avi Selk reports from Mobile: "The city stands. The grocery stores are fully stocked, the Home Depot has no lack of generators, tarps and plywood, and it's business as usual at

of each other's imports in the fight over complaints about Beijing's trade surplus and technology development plans." -- A powerful typhoon pounded Tokyo, leaving nearly one million people without power. Simon Denyer reports: "Typhoon Faxai was the strongest storm to hit the Japanese capital in years

ntly higher when the extent of the damage becomes clearer." -- Related: In Alabama, there are no signs of Trump's hurricane. Avi Selk reports from Mobile: "The city stands. The grocery stores are fully stocked, the Home Depot has no lack of generators, tarps and plywood, and it's business as usual at

capacity for specialty silicas, primarily for customers in the food, cosmetic and pharmaceutical sectors. In fall 2015, DSL. Japan Co., Ltd. (DSL), Tokyo (Japan), in which Evonik has a 51 percent stake, started up new capacity at the extended production facility for specialty silicas in Ako (Japan).

d are therefore close to our markets and our customers. Our largest production sites—Marl, Wesseling and Rheinfelden (Germany), Antwerp (Belgium), Mobile (Alabama, USA), Shanghai (China) and Singapore—have integrated techno- logy platforms used by various units. 1.2 Principles and objectives Profita

itics, the American education system and many other subjects. With her husband, Post journalist Kevin Sullivan, Jordan ran the newspaper’s bureaus in Tokyo, Mexico City and London. Jordan has written from nearly 40 countries and also been a frequent commentator on BBC Television. Jordan, a daughter of I

nd consilience), and one technological advance in the study of global biodiversity (the Encyclopedia of Life). Anative of Alabama, Wilson grew up in Mobile and received his bachelor’s and master’s degrees in biology from The University of Alabama (1949, 1950) and his doctoral degree in biology from Harva