ANNUAL ADVERTISING RATES FOR INSURE-DIGEST

Annual Advertisement Rates

Thursday, September 27, 2018

Wednesday, September 26, 2018

US Economy: US Federal Reserve raises short term interest rates

US Federal Reserve raises short-term interest rates again h

For the complete report go to:
https://www.theguardian.com/business/2018/sep/26/us-federal-reserve-raises-short-term-interest-rates-again?CMP=Share_AndroidApp_Blogger

Sunday, September 23, 2018

Britain: Corbyn says he will accept second British Referendum on Brexit if upcoming Labor Conference votes for it

Via euronews: UK: Corbyn will accept second Brexit referendum if upcoming Labour conference votes for it

Read more: https://www.euronews.com/2018/09/23/uk-corbyn-will-accept-second-brexit-referendum-if-upcoming-labour-conference-votes-for-it

Thursday, September 20, 2018

The Desirable World Order ?: China teams up with Russia to aim for 'desirable world order'

Donning a blue apron, Russian President Vladimir Putin poured batter into a pan and tossed it.

He was cooking with his Chinese counterpart, Xi Jinping, and the pair were making a traditional Russian pancake called a blini.

The culinary showmanship reflected a larger trend: Russia and China are developing a closer, albeit uneasy friendship.

Before last week's blini-making, the two leaders had just discussed military and economic cooperation on the sidelines of the Eastern Economic Forum, an annual event held in this far-eastern Russian city.

Read more: China teams up with Russia to aim for 'desirable world order'

Wednesday, September 19, 2018

Colombia: Potential Colombian cocaine production jumps 31 percent

Illegal coca plantations in Colombia reached record levels last year following a 17 percent increase from 2016 to around 423,000 acres (171,000 hectares), the United Nations said on Wednesday.

The UN Office on Crime and Drugs (UNODC) said that translated to a potential 31 percent increase in cocaine production from last year to almost 1,400 tons.

Coca leaf is the primary ingredient in the production of cocaine and current plantations generate 33 percent more leaves than they did in 2012.

"I want to express my deep concern about the amount of money that is moving around illicit drugs," said Bo Mathiasen, the UNODC representative to Colombia, at a press conference in Bogota.

Colombia remains way ahead of the rest of the world in terms of illegal coca plantations, while it is also the top producer of cocaine, much of it destined for the United States, the biggest consumer of the white powder.

Read more: Potential Colombian cocaine production jumps 31 percent | AFP.com

Tuesday, September 18, 2018

Germany: World′s first hydrogen train rolls out in Germany

 Commuters in Germany now have a chance to ride the world's first hydrogen train as the country moves to replace old diesel-powered engines. Instead of exhaust fumes, hydrogen trains produce only water.

A French-made hydrogen train took its first scheduled trip from the station of Bremervörde in Lower Saxony on Monday, marking a world first for the new transport technology.

Two Coradia iLint engines will replace diesel trains on the 100-kilometer (62-mile) route linking the towns of Cuxhaven and Buxtehude, with 14 other hydrogen trains set to be introduced across the state by 2021. The new-type engines are produced by the French company Alstom.

"The world's first hydrogen train is entering into commercial service and is ready for serial production," Alstom CEO Henri Poupart-Lafarge said during the unveiling ceremony in Bremervörde, which will serve as a refueling site.

The new trains carry a hydrogen tank and fuel cells on the roof, and produce electricity by combining hydrogen and oxygen. Excess energy is stored in ion lithium batteries. The engines can run for around 1,000 kilometers without refueling and reach a maximum speed 140 kilometers per hour (87 miles per hour), similar to diesel trains.

Read more: World′s first hydrogen train rolls out in Germany | News | DW |

Sunday, September 16, 2018

The Netherlands - Free Market Forces in Health-Care and Education not benefitting Netherlands consumers - by RM

After returning back home from America to the Netherlands, it struck me how incredibly passive the Dutch population reacts to many decisions of their Government, which unfortunately, usually negatively affects the "pocketbooks" of the average Dutch citizen.

Particularly, because when these decisions are announced, the  Dutch Government gives little or often no clear explanation, about the nature or reasons for these decisions. Their catch words usually are, either to improve the economy or to cut costs.

One example is the Dutch Health-Care system, which was changed a few years ago from a government controlled Universal Health-Care program, to a "Market controlled version, now mainly controlled by Insurance companies.

According to a recently held opinion poll, however, a majority (more than 60%) of the Dutch population wants to return to the old system of Universal Health-Care, since the new system, now run by Insurance companies has steadily increased their costs for affordable Health-Care .

In the field of education, Dutch students, who used to be able to apply for a free scholarship, which they did not have to pay off, after they successfully had completed their educational program, now have to pay back their scholarship through a loan program, including interest.

Unfortunately, many Dutch politicians, and large companies have abused the concept of "market forces" to create the suggestion of freedom and honesty.

A truly free market offers advantages, but with economic "spins and gibberish", as it does now, it certainly does not.

Bottom - line, the Dutch citizen is now at the mercy of a few large suppliers - and the so-called benefits of the market forces do not end up being tangible economic benefits to them .

The Netherlands economy, unfortunately,  is starting to look more and more like that of the US, and that certainly is a scary idea. 

Isn't it time to man the barricades?

C: this article can be published if source is identified as EU-Figest

EU-Digest

Saturday, September 15, 2018

European Business: Top 10 biggest companies in Europe by revenue - by Harry Menear

10. BNP Paribas - $109bn 
9. Allianz – $122.2bn
8. Total - $127.93bn 
7. AXA - $143.7bn 
6. Exor Group - $154.9bn
5. Daimler - $169.5bn
4. Glencore Plc - $173.9bn 
3. British Petroleum (BP) - $186.61bn
2. Royal Dutch Shell - $240.03bn 
1. Volkswagen - $240.4bn 
      
Read more: Top 10 biggest companies in Europe by revenue | Top 10 | Business Chief Europe

Thursday, September 13, 2018

EU: The Netherlands moves to allow dual citizenship by 2019

The Dutch government is currently reviewing the country’s nationality law as part of an effort to allow dual citizenship by the spring of 2019.

According to Justice Minister Mark Harbers, the plan is to widen the Netherlands’ criteria for dual nationality. At present, naturalised Dutch citizens must renounce the nationality of their country of origin, unless they are married to a Dutch national.

The Netherlands is following in the steps of similar legislation that has been passed in Germany as most of the EU Member States prepare for Brexit.

The new law will allow first-generation migrants in the Netherlands to be holders of more than one passport, a move that would affect 87,000 first- and second-generation UK nationals living in the Netherlands. At the same time, children of Dutch nationals living abroad will not be forced to make a mutually exclusive choice about their nationality.

Up to 100,000 Dutch nationals living in the UK stand to have their children lose access to their EU citizenship if comprehensive reform regarding dual nationality is not in place prior to or immediately after Brexit comes into effect in March 2019. The Dutch government hopes to have completed the reform during the UK’s transition period out of the European Union through December 2020.

Read  more:The Netherlands moves to allow dual citizenship by 2019

Wednesday, September 12, 2018

Monday, September 10, 2018

Netherlands the Hague - The International Criminal Court: John Bolton says U.S. will not cooperate with International Criminal Court

The Hague-The Intl. Criminal Court
The United States will not in any way cooperate with the International Criminal Court, national security adviser John Bolton announced in a speech to the Federalist Society on Monday, blasting the ICC as an unaccountable, bureaucratic body that runs counter to the U.S. Constitution and is "antithetical to our nation's ideals."

The International Criminal Court is an intergovernmental organization and international tribunal located in The Hague, Netherlands.

In his first speech as national security adviser, Bolton made the case that the ICC's authority is invalid, subverts American sovereignty, and concentrates power in the hands of an unchecked authority in a way that is "antithetical to our nation's ideals." In November, the ICC prosecutor asked to investigate crimes allegedly committed by members of the U.S. military who served in Afghanistan.

Bolton called those claims unfounded. The national security adviser said it was no coincidence he made his speech on the ICC one day before the anniversary of the Sept. 11, 2001 terror attacks.

"Today, on the eve of September 11th, I want to deliver a clear and unambiguous message on behalf of the President of the United States," Bolton said. "The United States will use any means necessary to protect our citizens and those of our allies from unjust prosecution by this illegitimate court.We will not cooperate with the ICC," Bolton said. "We will provide no assistance to the ICC. And we certainly will not join the ICC. We will let the ICC die on its own. After all, for all intents and purposes, the ICC is already dead to us."

Note EU-Digest: How much deeper can the US Trump Administration sink on the International scene. The ICC has prosecuted numerous murderous dictators and other international criminals, who have committed genocide.  The Organization is a "beacon of hope" to many oppressed people around the world, that sooner or later, those who commit crimes against humanity, will be caught and prosecuted.

Read More: John Bolton says U.S. will not cooperate with International Criminal Court - CBS News

Sunday, September 9, 2018

The new emerging face of "Democracy": Taking democracy for granted is a fatal flaw - by Hasan Suroor

Professor of Politics and International Studies at Cambridge University, David Runciman provides in his book an interesting insight to Modi’s India  and Democracy.

I am not sure that many in the Modi Government would be familiar with the name of David Runciman, professor of Politics and International Studies at Cambridge University.

But this week’s crackdown on civil rights activists and dissidents is the biggest endorsement of his new book, “How Democracy Ends”, in which he lists India as among the countries where democracy is being upended in the name of protecting it from supposedly undemocratic forces. India, according to him, illustrates the threat that democracy is facing from “executive aggrandisement” and “strongmen chipping away at it while paying lip service to it”.

It represents the new emerging face of democracy where it all appears tickety-boo on the surface, but is haemorrhaging from inside. Indians might find it embarrassing that he lumps their country with such authoritarian democracies as Hungary, Poland, Turkey and the Philippines where too “strongmen” are “chipping away” at democratic institutions while paying lip service to them.

Runciman sees Narendra Modi as part of a growing cast of “ever more characterful performers” alongside Donald Trump, Recep Erdogan, and Lech Kazcynski, among others, who have converted democracy into an “elaborate performance” to engage public attention while quietly wrecking it from inside. Like them, he has developed a “personality cult” operating through networks of private interests and hardline followers .

Read more: Taking democracy for granted is a fatal flaw | National Herald

Saturday, September 8, 2018

Data Protection: EU, Japan edge towards data protection dealbusiness and politics

Following the July conclusion of EU-Japan talks on personal data flows, the Commission launched Thursday a procedure for adoption of its decision on data protection adequacy between the two blocs.

"We are creating the world's largest area of safe data flows," said the EU's Justice Commissioner Vera Jourova, as she briefed the College of Commissioners on next steps and the Commission published the draft adequacy decision and the related documents.

This includes additional safeguards that Japan will apply to EU personal data transferred to Japan, as well as commitments regarding access to personal data by Japanese public authorities for law enforcement and national security purposes, guaranteeing that their level of data protection is adequate to that of the EU's. Japan is going through a similar process to recognise the EU's data protection framework.

Read more : EU, Japan edge towards data protection deal — EUbusiness.com | EU news, business and politics

Friday, September 7, 2018

Data Protection: EU, Japan edge towards data protection dealbusiness and politics

Following the July conclusion of EU-Japan talks on personal data flows, the Commission launched Thursday a procedure for adoption of its decision on data protection adequacy between the two blocs.

"We are creating the world's largest area of safe data flows," said the EU's Justice Commissioner Vera Jourova, as she briefed the College of Commissioners on next steps and the Commission published the draft adequacy decision and the related documents.

This includes additional safeguards that Japan will apply to EU personal data transferred to Japan, as well as commitments regarding access to personal data by Japanese public authorities for law enforcement and national security purposes, guaranteeing that their level of data protection is adequate to that of the EU's. Japan is going through a similar process to recognise the EU's data protection framework.

Read more : EU, Japan edge towards data protection deal — EUbusiness.com | EU news, business and politics

Monday, September 3, 2018

Britain - Brexit: Theresa May should start reading the Tea Leaves as 2.6 million Leave voters have abandoned support for Brexit since referendum, major new study finds - by Benjamin Kentish

The Brexit disaster
More than 2.6 million people have abandoned their support for Brexit and now back staying in the EU, a major study has concluded.

If the huge number of Britons who have changed their mind had voted to stay in the EU in 2016, the referendum would have delivered a clear Remain verdict.

The data will add to the debate about whether the country now needs a new referendum, with millions having second thoughts about their Leave vote amid growing fears about Britain crashing out of the EU without a deal.

In a key finding that will particularly intensify pressure on Jeremy Corbyn to take a tougher stance against Brexit, the study found the overwhelming majority of those changing minds are Labour voters in seats the party currently holds.

It comes as Conservative divisions over Brexit deepened, with Theresa May attempting to slap down Boris Johnson after he wrote another article attacking her approach.

The Independent has launched its own campaign for a Final Say referendum, with almost three quarters of a million people having signed our petition demanding one so far.

Read more: 2.6 million Leave voters have abandoned support for Brexit since referendum, major new study finds | The Independent

Sunday, September 2, 2018

US Economy: might look good based on Wall Street figures, but certainly not good for "Joe Bloke" and the "Have Not"s

US economy might look good, but reports show collectively, Americans have more than $1 trillion in credit-card debt, according to the Federal Reserve.

They have another $1.5 trillion in student loans, up from $1.1 trillion in 2013. Motor vehicle loans are now topping $1.1 trillion, up from $878.5 billion in 2013. And they have another nearly $15 trillion in mortgage debt outstanding.

EU-Digest

Saturday, September 1, 2018

EU-US Relations - Tariffs: Trump rejects EU offer to scrap car tariffs – by Maxime Schlee

This is what "the US Consigliere" thinks about the EU
U.S. President Donald Trump said the EU’s offer to scrap tariffs on cars is “not good enough” because European consumers’ “habits are to buy their cars, not to buy our cars.”

In an interview with Bloomberg published Friday, Trump also said the EU “is almost as bad as China, just smaller.”

On Thursday, EU trade chief Cecilia Malmström told European Parliament’s trade committee that Brussels is willing to scrap tariffs on all industrial products, including cars, in its trade talks with the United States.

“We are willing to bring down even our car tariffs down to zero … if the U.S. does the same,” she said, adding that “it would be good for us economically, and for them.”

Trump also took aim at the World Trade Organization, telling Bloomberg: “If they don’t shape up, I would withdraw from the WTO,” adding that the agreement establishing the body is “the single worst trade deal ever made.”

The U.S. president said his country has “rarely won a lawsuit” in the WTO, “except for last year.”

Read more: Trump rejects EU offer to scrap car tariffs – POLITICO