ANNUAL ADVERTISING RATES FOR INSURE-DIGEST

Annual Advertisement Rates

Friday, May 31, 2019

Mexico-US Relations: Trump hits Mexico with 5% tariff in response to illegal immigration - by Jill Colvin and olleenLong

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the U.S. border.

He said the percentage will gradually increase "until the Illegal Immigration problem is remedied."

Trump's tariff threat comes at a time when Mexican authorities have been carrying out migrant raids and detaining thousands more who are traveling through the country on the way to the U.S.

Read more at: Trump hits Mexico with 5% tariff in response to illegal immigration - Japan Today

Thursday, May 30, 2019

US Economy - Recession?: Dow opens more than 150 points lower - by Fred Imbert as yields keep falling on rising fears about the economy

Stocks fell on Wednesday as bond yields declined again, triggering concerns about the economic outlook. Increasing trade tensions in the China-U.S. trade fight also weighed on markets.

The 10-year Treasury note yield fell to its lowest level since September 2017 and traded around 2.22%. A portion of the so-called yield curve further inverted as 3-month Treasury bills last yielded 2.351%, well above the 10-year rate. A yield curve inversion is seen by traders as a potential sign that a recession is in the horizon.

Bank shares fell along with yields. Citigroup, Bank of America and J.P. Morgan Chase all dropped more than 1%.

Read more at: Dow opens more than 150 points lower as yields keep falling on rising fears about the economy

Tuesday, May 28, 2019

US Labor Unions 200 years of struggle and final decline: History of Labor Unions in the US, incuding VIDEO

The lifespan of American labor unions is shaped like a bell-curve struggling to climb at first, then riding high, and finally today crashing out.

The whole up-and-down took about 200 years total. We need to go back to the 1830s. UC Santa Cruz Professor William Domhoff writes, "Industrial development in the early nineteenth century slowly widened the gap between employers and skilled workers, so the workers began to think of industrial factories as a threat to both their wages and status."

Craft unions began to form but stayed mostly local, focused on clout and working conditions. Then in 1869, Domhoff says, the Knights of Labor was founded as "a secret society by a handful of Philadelphia garment cutters, who had given up on their own craft union as having any chance to succeed" and turned to galvanizing other workers through meetings and parades.

Eventually, violence became part of the picture.The Great Railroad Strike of 1877,sparked by railroad companies slashing wages by10% and doubling some workers' responsibilities.

And while no major law ultimately clamped down on the groups, "unions came under attack — in the workplace, in the courts, and in public policy. As a result, union membership has fallen and income inequality has worsened — reaching levels not seen since the 1920s," says the,Economic Policy Institute. 

Read more at: History of Labor Unions in the US (VIDEO)

Monday, May 27, 2019

Auto Industry; Merger between.Fiat Chrysler and Renault

Renault and Fiat Chrysler to announce merger talks: sources French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday.

Read more at: 
http://www.france24.com/en/20190526-renault-fiat-chrysler-announce-merger-sources-france

Saturday, May 25, 2019

US stock market: Hope gives way to worry as stock-market investors reassess U.S.-China trade fight

Hope gives way to worry as stock-market investors reassess U.S.-China trade fight -

Read more at:
https://on.mktw.net/2M8yNg4

Monday, May 20, 2019

EU Elections: Opponents of nationalism rally before EU vote

Tens of thousands of people opposed to right-wing populism and nationalism have taken to the streets in European cities ahead of the European Parliament elections from May 23.

Demonstrations were held on Sunday in more than 50 cities in 13 countries, including Germany and France.

In Berlin, organizers say more than 20,000 people took part in the rally and marched on the streets for about two hours.

They oppose intolerance against refugees and migrants from the Middle East, Africa and elsewhere. They are also against nationalists who prioritize their countries' interests and claim that they should restore sovereignty from the EU.

One demonstrator told NHK that Europe should not be governed by ultra-right political parties that could try to destroy democracy.

Another participant said European countries should be united to solve the problems they are facing.

Note EU-Digest: During this past Sunday's demonstrations throughout Europe against the extreme right-wing populist parties and their leaders, including Matteo Salvini in Italy, Marine Le Pen in France, Geert Wilders and Thierry Baudet in the Netherlands, Jorg Meuthen in Germany, Nigel Farage in England, etc., it might be good, again, to remind voters participating in the upcoming European elections, that all these populists are Donald Trump 's buddies, who spend a lot of time talking nonsense, like he does, but have never achieved anything concrete in heir lives. 

They are however masters in promising castles in the sky. Hopefully you the voter will not be seduced by these deceitful populists? Europe belongs to us all. Nationalism has never worked in Europe and has no place in the EU.
 

Read more at: Opponents of nationalism rally before EU vote - News - NHK WORLD - English

Sunday, May 19, 2019

EU elections: Forward or backward, decision time

Forward or backward? Decision time in the EU https://p.dw.com/p/3IkdC

Saturday, May 18, 2019

Australia - elections: Ruling conservative coalition wins in major upset

Australia's ruling Coalition claims election victory in major upset

Read more at: https://www.theguardian.com/australia-news/2019/may/18/australias-ruling-coalition-claims-election-victory-in-major-upset?CMP=Share_AndroidApp_Blogger

Friday, May 17, 2019

USA - Canada - Mexico: US drops steel and aluminium tariffs on former NAFTA partners

US drops steel and aluminum tariffs on Canada and Mexico

Read more at:
https://p.dw.com/p/3IgES

Tuesday, May 14, 2019

Sunday, May 12, 2019

Tuesday, May 7, 2019

European Union: Antidote to poisonous populism is a new Pact for a fair, resilient and a sustainable Europe – by Luca Jahier

In a little less than a month, more than 400 million Europeans, the second largest electorate in the world, will go to the polls to elect 751 members of parliament in an election that is probably the most decisive for the future of Europe since 1979, the first time we voted for a transnational parliament.

For the past two years, EU and national leaders as well as civil society representatives have been working relentlessly to define a joint vision for Europe. Several scenarios were outlined by the European Commission. Discussions and consultations were organised, plans sketched, solutions formulated. Never before there has been such a vivid, open and frank debate on the Europe we want and the one we want to leave to the next generations.

Yet, much of this discourse on the future of Europe has been hijacked by eurosceptics and marred by growing destructive populism.  Under the mantle of patriotism, populists promised to defend the interests of the majority against immigrant minorities and “out-of-touch elites”.

 Our values were questioned, the right to do good as the core reason behind of our political action was abandoned and ignored by many.  Nationalism is an ideological poison, German President Frank-Walter Steinmeier has said. This poison risks posing a serious health risk to our democracy, as populism attacks not merely real and imagined elites and the establishment but also the very fundamental idea of political pluralism.

This is why European leaders meeting in Sibiu on the 9 May—Europe day—must quickly inject the antidote, ahead of the European elections on 23-26 May. Many politicians have been at a loss when it comes to countering populism. Increasingly, they have adopted a stance that some call destruction through imitation, meaning outflanking far-right competitors with tough talk on refugees and immigration in order to regain consensus. That narrative has done serious damage to European democracy in recent months, pushing people to vote for even more extremist movements. Instead, democrats should present value choices that can tackle inequality.

Read more at: Antidote to poisonous populism is a new Pact for a fair, resilient and a sustainable Europe – EURACTIV.com

Monday, May 6, 2019

Cyprus-Turkish Relations: Turkey drills for gas in Cyprus' waters, prompting EU outcry - by Andrew Rettman

The EU and US have urged Turkey to stop drilling for gas in Cyprus' maritime zone - but Ankara has told its allies it would do so anyway.

Brussels and Washington spoke out over the weekend after a Turkish ship called Fatih, meaning "Conqueror", began drilling a 5,500-metre well in the Mediterranean Sea on Friday (3 May) in a zone claimed both by Cyprus and by the Turkey-backed, breakaway Turkish Republic of Northern Cyprus (TRNC).

Read more at: Turkey drills for gas in Cyprus' waters, prompting EU outcry

Saturday, May 4, 2019

USA - GDP : Trump's double-false claim about GDP

President Donald Trump told Fox Business Network the country reached a rate of growth last quarter that hadn't been seen in 14 years. That's false in two ways and correct in none.

TRUMP: "We just did 3.2 ... 3.2 is a number that they haven't hit in 14 years." — interview broadcast Wednesday.

THE FACTS: It's nowhere close to the best in 14 years, by any measure. The rise in the first quarter of 3.2% in the gross national product was only the best since last year. It was surpassed in the second and third quarters with rates of 4.2% and 3.4% respectively.

Perhaps he meant to say it was the best first-quarter growth in 14 years. But that's not right, either. It's the best in four years.

The economy grew by 3.3% in the first quarter of 2015. So President Barack Obama has a better first-quarter record than Trump to date

Read  more at: AP FACT CHECK: Trump's double-false claim about GDP