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Saturday, March 30, 2019

Central American-US Relations: Trump cuts all direct assistance to Honduras, El Salvador, Guatemala

USA building a wall - China providing assistance
In a stunning about-face, State Department officials said that President Donald Trump is cutting off all direct assistance to the so-called Northern Triangle countries of El Salvador, Honduras and Guatemala.

“At the Secretary’s instruction, we are carrying out the President’s direction and ending FY [fiscal year] 2017 and FY 2018 foreign assistance programs for the Northern Triangle,” a State Department spokesperson told ABC News, referring to U.S. Secretary of State Mike Pompeo. “We will be engaging Congress as part of this process.”

Trump hinted at the cuts earlier on Friday, telling reporters,”I’ve ended payments to Guatemala, to Honduras, and to El Salvador. No money goes there anymore.”

While the president has threatened these cuts before, this time the administration is actually following through.

Trump said the funds totaled $500 million, but it wasn’t clear Friday if that figure was accurate. The State Department announced in December that the U.S. would mobilize $5.8 billion in public and private american investment to these three countries.

“We’re not paying them anymore because they haven’t done a thing for us,” he added. 

Note EU-Digest: Once again, not a very clever move by the Trump administration, as China and Russia will obviously not waste too much time in providing these nations with the needed aid after the US drops out of the picture. As they have done in Venezuela, Suriname and several other countries in Central and South America.

Read more: Trump cuts all direct assistance to Honduras, El Salvador, Guatemala

Wednesday, March 27, 2019

White Supremacy banned: Facebook bans white nationalism from their platform after pressure from civil rights groups - by David Ingram and Ben Collins

Facebook is banning white nationalism and white supremacy from its social network following criticism that it had not done enough to eliminate hate speech on its platform

The social media giant said in a blog post Wednesday that conversations with academics and civil rights groups convinced the company to expand its policies around hate groups.

 “Today we’re announcing a ban on praise, support and representation of white nationalism and separatism on Facebook and Instagram, which we’ll start enforcing next week,” the company wrote in the post. “It’s clear that these concepts are deeply linked to organized hate groups and have no place on our services.” Scrutiny of Facebook reached new heights in the past two weeks after a gunman in Christchurch, New Zealand, used Facebook to livestream his attacks on two mosques that killed 50 people.

 Note EU-Digest: Bravo, let's hope Twitter does the same, which would ban Donald Trump and his Populist buddies in Europe and other areas of the world from using both Facebook and Twitter, to spread their white supremacy nationalist ideology.

Read more at: Facebook bans white nationalism from platform after pressure from civil rights groups

Tuesday, March 26, 2019

Monday, March 25, 2019

EU-China Relations: France Sticks it to US as Macron steals Trump’s thunder with Chinese Airbus order – by Rym Momtaz

€30 billion A320 Airbus order by China
While U.S. President Donald Trump is pushing for a trade deal to slash his country’s yawning deficit with China, it was his French counterpart Emmanuel Macron who landed a €30 billion aviation contract with Beijing on Monday.

China concluded a deal to buy 300 aircraft from Airbus during President Xi Jinping’s state visit to France. The value of the deal was twice what was touted last year, and only compounds the woes of U.S. manufacturer Boeing, whose 737 MAX planes have been grounded across the world this month, after two fatal crashes.

The deal struck in France will ratchet up pressure on Trump to come good on his long-promised trade accord with China. That agreement seemed to be facing headwinds last week when Trump warned that tariffs on China would remain in place for a "substantial period" even if a Washington-Beijing deal is struck.

Macron on Monday stressed the “colossal progress” needed to rebalance trade between the two countries — the EU ran a trade in goods deficit with China of some €177 billion in 2017 — while also hailing a slew of deals done in the health, infrastructure, transport, renewable energy and financial sectors.

“In the aeronautic sector, the conclusion today of a big contract in terms of A320s and big transporters, A350s, is an important advance and an excellent signal in the current context,” Macron said during a joint press conference with his Chinese counterpart at the Élysée Palace.

Read more: Macron steals Trump’s thunder with Chinese Airbus order – POLITICO

Sunday, March 24, 2019

China - EU relations: Macron seeks United EU front on China as President XI visits France

Macron seeks united EU front on China as President Xi visits France French President Emmanuel Macron welcomed President Xi Jinping for a private dinner near Nice on Sunday as the Chinese leader tours Europe seeking support for an ambitious economic programme dubbed the "new Silk Road".
 
Read more at: 

Friday, March 22, 2019

Global Health Care Ranking: Survey Ranks the U.S. Health Care System Lowest in Performance - Melissa Hellmann

 he U.S. health care system has been subject to heated debate over the past decade, but one thing that has remained consistent is the level of performance, which has been ranked as the worst among industrialized nations for the fifth time, according to the 2014 Commonwealth Fund survey 2014. The U.K. ranked best with Switzerland following a close second.

The Commonwealth Fund report compares the U.S. with 10 other nations: France, Australia, Germany, Canada, Sweden, New Zealand, Norway, the Netherlands, Switzerland and the U.K. were all judged to be superior based on various factors. These include quality of care, access to doctors and equity throughout the country.

Results of the study rely on data from the Organisation for Economic Co-operation and Development, the World Health Organization and interviews from physicians and patients.

Although the U.S. has the most expensive health care system in the world, the nation ranks lowest in terms of “efficiency, equity and outcomes,” according to the report. One of the most piercing revelations is that the high rate of expenditure for insurance is not commensurate to the satisfaction of patients or quality of service. High out-of-pocket costs and gaps in coverage “undermine efforts in the U.S. to improve care coordination,” the report summarized.

A striking take-home from the report was a need for equity throughout the nation. “Disparities in access to services signal the need to expand insurance to cover the uninsured and to ensure that all Americans have an accessible medical home,” it said. A lack of universal health care was noted as the key difference between the U.S. and the other industrial nations.

Note EU-Digest: Sorry to say but this Time report  is right on target, Insurance companies, Medical Profession (Dr's) and Pharmaceutical companies have one common goal, ripping off patients, and the US political establishment not only does nothing about it, many are also on the payroll of these thieves.

Read more at: Survey Ranks the U.S. Health Care System Lowest in Performance | Time

Tuesday, March 19, 2019

Saturday, March 16, 2019

Global Warming: Students around the world demand action on climate

Students around the world skip class to demand action on climate Tens of thousands of students across the world skipped school on Friday to take to the streets in protest at their governments' failure to take sufficient actionagainst global warming.

Note EU-Digest: The US Trump administration  which pulled out of the Global Paris Climate Agreement hopefully will take note

Wednesday, March 13, 2019

US Budget Deficit: Trump is exploding, not cutting, US debt - by Heather Long

In March of 2016, then candidate Donald Trump told The Washington Post that he could eliminate the entire U.S. debt in eight years. Now that he’s president, Trump is doing the exact opposite.

Trump’s budget – his own budget – projects debt held by the public will hit $22.8 trillion by 2025, more than 50 percent higher than the year he took office (debt held by the public was $14.7 trillion in 2017).

That’s the rosy forecast. Trump’s budget relies on “gimmicks” to keep the debt rising by “only” that much, experts across the political spectrum say. Trump predicts the economy will grow at a home-run pace with no recessions for the next decade, and he proposes massive cuts to education, health care and other non-defense parts of the budget that will not be enacted.

Read more: Analysis: Trump is exploding, not cutting, US debt

Tuesday, March 12, 2019

Britain - Brexit: British MPs reject Brexit deal by 391 to 242 despite May securing changes to backstop - by Alice Tidey & Rachael Kennedy

British lawmakers on Tuesday rejected May's Brexit deal for a second time with 391 votes against, 242 in favour.

MPs first rejected the deal on January 14 by a margin of 230, handing May the worst defeat of any sitting government in British parliamentary history.

The prime minister said immediately after the vote that MPs now face "an unenviable choice" and said she still believes that her deal is the best and only deal available.

May said if lawmakers backed a no-deal Brexit on Wednesday, it would become government policy.

A division list released by the Commons website shows that 75 Conservative MPs rebelled against May.

They were joined by 232 Labour MPs, 17 independent MPs, and every single MPs from Scotland's National party (35), the Liberal Democrats (11) and Northern Ireland's Democratic Unionist Party (10)

Bottom ine: the Brexit  deal is clearly dead - and to make any sense of what the British really want, specially now the British Public has become more familiar with what breaking away from the EU and the Common Market would eventually mean to the economy and them, and the danger of becoming totally subservient to the US, is to have a second referendum.

This is the only way to stop this chaos, after the political establishment totally failed the people.  It is high time to put the control of the future of Britain back in the hands of the British people, before the country implodes.  

Read more: British MPs reject Brexit deal by 391 to 242 despite May securing changes to backstop | Euronews

Monday, March 11, 2019

Britain - Gartner Data and Analytics Summit: Use of big data analytics keeps the Netherlands dry and transforms fashion brands

The use of big data analytics has helped everything from water management in the Netherlands to both the retail and insurance industries to undergo digital transformation, as proven in a number of case studies at the Gartner Data and Analytics Summit.

From defending the Netherlands against the type of flood that claimed 1,800 lives 66 years ago to helping fashion brands sail confidently through the perilous waters of online shopping, the use of big data analytics has never had such a profound effect.

Sensor technology interconnected through the Internet of Things (IoT), artificial intelligence and data analysis have been applied to water management to keep Dutch communities safe in an era when climate change is beginning to cause the country real concern.

And in business, they have traditional industries such as retail and insurance to meet customer demand and improve internal processes.

A range of case studies were put forward at the Gartner Data and Analytics Summit in London this week to highlight how almost any sector or business function can undergo digital transformation through intelligent data insight

Read more: Use of big data analytics keeps Holland dry and transforms fashion br

Sunday, March 10, 2019

Aviation Industry: How US's Boeing's 737 Max Went From Bestseller to Safety Concern - by Christopher Jasper

Boeing Co.’s 737 jetliner has been an aviation workhorse since it first took to the skies in 1967, enjoying unparalleled success while improving its safety record each decade as fatal incidents became increasingly rare across the industry.

The latest Max version extended the 737’s popularity with a welter of orders, but two deadly incidents claiming close to 350 lives in five months have raised questions about the model’s future. Here’s a timeline showing how the aircraft has gone from being a marketing triumph to a focus for safety concerns.

 Read more: How Boeing's 737 Max Went From Bestseller to Safety Concern

Thursday, March 7, 2019

EUROPEAN Central Bank: Rates to remain unchanged despite weakening economy

ECB to keep rates unchanged amid weakening economy European Central Bank policymakers on Thursday responded boldly to fears of a eurozone slowdown by announcing that interest rates would stay unchanged for the rest of the year and launching a fresh round of super-cheap loans to banks.
 
Read more at: 

Wednesday, March 6, 2019

The Netherlands: Russian money laundering machine shifted millions through the Netherlands

On March the 5th. DutchNews reported that a money laundering operation which moved billions of euros out of Russia shifted part of the cash through the Netherlands, the Organized Crime and Corruption Reporting Project said on Monday.

In total, almost €1bn of the money ended up in the Netherlands, some of which was used to buy two luxury yachts, said the research project, which includes Trouw and the Groene Amsterdammer magazine plus Dutch investigative journalism collective Investico.

The OCCRP says Troika Dialog, once Russia’s largest private investment bank, channeled billions of dollars out of Russia from 2004 via a network of 70 offshore companies with accounts in Lithuania. The two Lithuanian banks were closed down in 2011 and 2013.

The scheme was discovered in a collection of 1.3 million banking transactions and other documents obtained by OCCRP and the Lithuanian news site 15min.lt, which stem from the two Lithuanian banks.

Some of the money was channeled into the Netherlands via the Amsterdam Trade Bank (ATB) and Turkey’s C. ATB, part of Russia’s Alfa Bank, is already involved in corruption investigations.

Smaller amounts were moved through ING and ABN Amro, the Groene Amsterdammer said. ‘The million euro payments came from the Troika Bank and had many signs of money laundering,’ the magazine said.

In addition, €43m went to the Rabobank account of luxury yacht builder Heesen, according to Dutch investigative news collective Investico.

 ‘How could all this happen under the watchful eye of the central bank DNB?’ the magazine asked. ‘Banks are banned from carrying out transactions if they don’t know who profits, but, the central bank says, banks often have no idea who is really hiding behind anonymous companies.’

 The central bank declined to answer specific questions about the claims, the Groene Amsterdammer said.

EU-Digest

Tuesday, March 5, 2019

EU Economy: Italy, Germany Drag on Euro-Area Economy as EU Cuts Outlook - by Viktoria Dendrinou

The European Commission slashed its growth forecasts for all the euro region’s major economies from Germany to Italy and warned that Brexit and the slowdown in China threaten to make the outlook even worse.

The European Union’s executive arm delivered a downbeat report on Thursday that shaved a whole percentage point off its 2019 projection for Italy, now seen with minimal expansion of just 0.2 percent for the whole year. Officials in Brussels warned that the region’s outlook faces “substantial” risks.

The gloomier forecasts reflect more pronounced weakness in the region, which stumbled at the end of 2018 as political instability continued to rock Italy, violent protests in France depressed output, and Germany’s car industry struggled to rebound from changes in regulation. Global trade uncertainty and a sharper-than-expected slowdown in China also pose external risks to the economic outlook.

Read more at: Italy, Germany Drag on Euro-Area Economy as EU Cuts Outlook - Bloomberg

Sunday, March 3, 2019

Italy: Venice introduces entry fee for tourists to increase income for City upkeep

Venice starts charging tourist fees to pay 
for increasing cost city maintenance
The legendary northern Italian city of Venice moved closer to cementing its status as an open-air museum than a functioning urban landscape with permanent residents after it introduced a programme where visitors to the city must now be issued a ticket to visit.

Beginning on May 25 the visitors of the city of canals will begin paying a €3 entry fee, which will later rise to €6 in 2020.

The Venetian government eventually plans to create a variable entry fee ranging from €3-to-€10 depending on the number of tourists in the city. Visitors who attempt to avoid paying the entry fee will face a stiff €450 municipal fine.

The plan is to exempt hotel guests, as they already pay a city tax, and children under the age of 6,

Over the past decade, Venice has been so inundated with tourists that local residents have had difficulty coping with the increasing crowds and sky-high property prices that continue to climb. Local residents that have lived in Venice for generations have been forced to leave the city as scores of cruise ship visitors and day=trippers have effectively taken over.

An estimated 14 million tourists visit Venice just for a day, which brings little-to-no benefit to the local economy. Instead, tourism burden local authorities are left with excessive costs for the cleaning and maintenance of the city’s centuries-old infrastructure.

Read more: Venice introduces entry fee for tourists