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Wednesday, July 31, 2019

Britain-EU-Brexit: Johnson sets up 'war cabinet' to deliver Brexit - by Eszter Zalan

UK prime minister Boris Johnson set up a "war cabinet" of six senior ministers over the weekend to make decisions on Brexit, and is also bpreparing for a no-deal emergency budget, ministers said.

The government in London is working on the assumption that the EU will not renegotiate the Brexit divorce deal, and is preparing to leave the bloc without an agreement, Reuters reported.

Johnson said last week that unless the EU dumps the Irish backstop part of the deal (an insurance policy negotiated by the UK and the EU to prevent a hard border on the island of Ireland after Brexit), the UK will withdraw its membership without a deal. 

Read more: Johnson sets up 'war cabinet' to deliver Brexit

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Monday, July 29, 2019

Brexit: Boris Johnson's Brexit strategy is 'doomed to fail', says Scottish leader - by Nick Miller

British Prime Minister Boris Johnson has insisted he is “very confident” he can strike a fresh Brexit deal with Brussels before the end of October, as he spent a day north of Hadrian’s Wall trying to quell a potential Brexit rebellion.

Johnson headed to Scotland on Monday as a new report from a respected Whitehall think tank predicted the Union would come under “unprecedented pressure” in the months following a no-deal Brexit.

The Institute for Government report anticipated a fresh, heightened campaign for Scottish independence in 2020.

“Johnson may well find that having left one political union [the EU], he spends an increasing proportion of his time trying to keep another together [the UK],” the IfG report said. “All nations will look to Westminster to help cushion them against any economic fallout from no deal.

Read More at:
Boris Johnson's Brexit strategy is 'doomed to fail', says Scottish leader

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Sunday, July 28, 2019

EU-Migration Policies: Tragedy is inevitable if we fear migration rather than celebrate its benefits : by Jonathan Portes

 Migrants don’t steal jobs or bring down wages. Rather, they’re more likely to bring dynamism and prosperity

our years ago, Europeans were shocked by the photograph of the drowned three-year old Syrian refugee Alan Kurdi. Now, Americans are similarly horrified by pictures of El Salvadorans Óscar Alberto Martínez Ramírez and his daughter, Angie Valeria, dead on the banks of the Rio Grande. Meanwhile, in the UK we are struggling with what our immigration policy should look like after Brexit, with Boris Johnson trying to have his cake and eat it with the promise of an “Australian-style points system”.
 
Few subjects are more politically charged than immigration. However, like free trade, it unites most economists, regardless of their politics. Immigrants don’t take our jobs, nor do they have much impact on wages. Just look at the UK, where sustained high levels of immigration have coincided with unemployment falling to its lowest level in 40 years.

More importantly, immigration makes economies more dynamic and is generally positive for productivity and prosperity. Even legitimate concerns about “brain drain” from developing countries turn out to be exaggerated, with such countries often gaining from remittances and new economic connections.

The economic and political forces driving immigration are only likely to intensify, in both Europe and the rest of the developed world. They will be powered by “demand” – demographic pressures, with every single country in Europe having a fertility rate below replacement level – and “supply” – population growth in developing countries, especially in Africa, and perhaps climate change. So the number of people seeking to move countries, whether through economic migration, refugee flows or a mix, will continue to grow. At the same time, we will need migration; even Japan, long resistant, has recently begun to liberalise policy.

If the economic benefits are clear, what explains the recent political backlash? What is the connection between the election of Donald Trump, the Brexit vote and the rise of far-right populists in continental Europe? A decade on from the financial crisis, the political foundations of the postwar (and post-cold-war) liberal order appear to be crumbling.

But while anti-immigrant rhetoric and sentiment are common themes, the circumstances of individual countries are very different. In the US, Trump’s focus is on irregular migration from Mexico and Central America and its supposed impact on crime and security, although there is little or no evidence, in the US or elsewhere, to substantiate his claims. In the UK, the ostensible focus of the Brexit campaign was on EU free movement, predominantly by white eastern Europeans, although future migration from Turkey and points farther east was also a strong theme. In western European countries such as Sweden, Germany, France and Italy, rightwing populists were boosted by public reaction to refugee and migrant flows from Syria and Africa. And in Poland and Hungary, while immigrant flows are extremely small, parties in power have successfully appealed to nationalist sentiments by focusing on the threat of Muslim immigration overrunning “Christian” Europe.

Twitter is full of lunatics who talk about “race replacement” or “white genocide”. But more respectable versions of much the same argument can be found in the mainstream press. London’s population is no longer majority “white British”, but most of us were born in the UK and even more identify as British (white, black, Asian or mixed) and have British citizenship. Nevertheless, the eminent economist Paul Collier claims that the “indigenous British [have] become a minority in their own capital”. Spectator writer Douglas Murray, who argues for reducing or eliminating Muslim immigration, says London has become a “foreign country”. Eric Kaufmann, a political scientist and author of Whiteshift, suggests that we should favour immigrants from ethnic or cultural backgrounds who are easier to “assimilate” into the white majority. The favourite philosopher of some Conservatives, Roger Scruton, thinks it’s impossible for the (British-born) children of Muslim immigrants to be loyal British citizens. So the view that only white people can be “really” British, and that black or Asian Britons are still somehow alien and threatening, remains prevalent in some elite circles.

Some argue that if progressive politicians fail to accommodate these views, they will drive their traditional voters to the populist right. But there’s little evidence that this will help those most vulnerable to the lure of rightwing populism or improve public perceptions of immigration. Instead, countries such as Ireland, Canada, and Spain have combined relatively open policies with public consent by building a pro-migration coalition across much of the political spectrum.

Germany offers a particularly striking example. Amid the panic about the refugee influx in 2015, I wrote that it was an opportunity more than a threat. But many argued that it would be impossible, economically, socially or politically, to absorb so many people from supposedly “alien” cultures. But three years on, while far from perfect, the balance sheet appears mostly positive. Refugees are learning German and getting jobs. Although the far right continues to try to whip up anti-immigrant hysteria, crime is at its lowest level in almost 30 years.

Brexit, paradoxically, offers a window of opportunity. The most illiberal and restrictionist prime minister in living memory is about to depart. Public concern about immigration has fallen sharply and attitudes towards its effects are more positive than for many years. Both Johnson and Jeremy Hunt, as well as the home secretary, Sajid Javid, have signalled that they want an immigration policy better attuned to the needs of the UK economy.

Politicians could make the case for liberal policy not just on economic grounds but much more broadly, defending the rights of immigrants, eg EU citizens resident in the UK, UK-born children of immigrants who are denied British citizenship, UK citizens who marry people from abroad, and so on. This would also include a more positive approach to the impacts of immigration on communities and services at a local level – by promoting integration and channelling funding to areas where there are pressures resulting from population growth. There is a chance for a “reset moment” not just in policy but in our wider public and political attitudes to immigration and immigrants: we should not let it slip away.  

Read more: Tragedy is inevitable if we fear migration rather than celebrate its benefits | Jonathan Port

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Saturday, July 27, 2019

USA - Trump Gets His Way Again As US Supreme Court says Trump can proceed with plan to spend military funds for border wall construction - by Robert Barnes

A split Supreme Court said Friday night that the Trump administration could proceed with its plan to use $2.5 billion in Pentagon funds to build part of the president’s wall project along the southern border.

The court’s conservatives set aside a lower-court ruling for the Sierra Club and a coalition of border communities that said reallocating Defense Department money would violate federal law.

Friday’s unsigned ruling came in response to an emergency filing from the administration during the court’s summer recess. The majority said the government “made a sufficient showing at this stage” that private groups may not be the proper plaintiffs to challenge the transfer of money.

The court’s action is a stay of the injunction issued by the U.S. Court of Appeals for the 9th Circuit on a 2-to-1 vote, and the litigation continues. The administration wants to finalize contracts for the work before the fiscal year ends Sept. 30.

Chief Justice John G. Roberts Jr. and Justices Clarence Thomas, Samuel A. Alito Jr., Neil M. Gorsuch and Brett M. Kavanaugh voted to lift the 9th Circuit injunction. Three justices — Ruth Bader Ginsburg, Sonia Sotomayor and Elena Kagan — would have left it in place.

Note EU-Digest: Bottom-line, the US Taxpayer is ending-up picking up the bill for Donald Trump's wall.

Read more: Supreme Court says Trump can proceed with plan to spend military funds for border wall construction

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Thursday, July 25, 2019

Turkey needs higher productivity for continual growth says World Bank

In a written statement, the World Bank Group said it recently launched an economic memorandum on "Firm Productivity and Economic Growth in Turkey" at a conference held in the capital Ankara.

"While acknowledging the importance of economic stability, the memorandum explored how Turkey could achieve sustained growth by accelerating productivity, particularly in 'pro-development' sectors, capable of delivering both added value and employment," it said.

The World Bank highlighted that economic integration and innovation have boosted firm-level productivity, though reforms could further accelerate these positive impacts.

"The analysis shows that the most productive industries and firms are not necessarily capturing the most resources.

"Apart from a handful of industries such as motor vehicles, basic metals and textiles, productivity in manufacturing has more recently stagnated," it said.

The group said that while construction and services have expanded rapidly, they also exhibit low and falling productivity.

"In services, there is scope to expand more sophisticated industries like information and communications technologies which raise productivity in manufacturing and other sectors," it said.

The World Bank also noted that growth and development required more productive companies to compete in the current world market, which can be enabled through structural reforms.

Read more at : Turkey needs higher productivity for continual growth: World Bank - Latest News

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Tuesday, July 23, 2019

US Wine Exports Hurt ByTariffs: Hit by 93 percent tax, Napa wine falls victim to trade war - by Romy Varghese

A decade ago, basketball legend Yao Ming was such a celebrity in China that he carried the Olympic torch into Tiananmen Square.

But these days, not even the 7-foot, 6-inch Yao can fight his way through the U.S.-China trade war.

Yao’s trouble involves, of all things, wine, his post-NBA business in Napa Valley. Across California, the state’s signature wine business is getting hit by the tit-for-tat tariffs coming out of Washington and Beijing.

China’s latest round of retaliatory tariffs put the combined tax rate on a bottle of American wine at 93%, pushing prices out of reach for much of the Asian country’s growing middle class. Yao Family Wines, started by the Hall of Famer in 2011, has seen its export business drop by half over the past year, said Tom Hinde, the vineyard’s president and winemaker.

California vintners large and small who have spent years building relationships with China are now seeing their work undone by the tariff dispute.

Their travails illustrate the far-reaching effects of President Donald Trump’s trade war, where carefully laid business plans from fishing rod suppliers to soybean farmers can turn on the latest headline, meeting or tweet.

“There’s indecisiveness in the outcome, so that puts a pall over the buyers’ enthusiasm,” Hinde said. “We’re hurting ourselves.”

Read more: Hit by 93 percent tax, Napa wine falls victim to trade war

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Saturday, July 20, 2019

Middle East Crises - Consequences of the Trump Administration dysfunctional Middle East policy: U.S. military has begun reoccupying Prince Sultan air base in Saudi Arabia - by Courtney Kube

"In June the U.S. military began moving equipment and hundreds of troops back to a military base in Saudi Arabia that the U.S. deserted more than 15 years ago, according to two U.S. officials familiar with the deployment.

Over the coming weeks the deployment to Prince Sultan Air Base, intended to counter the threat from Iran, will grow to include fighter jets and Patriot long-range missile defense systems, the officials said. The Patriots have already arrived at the base and should be operational in mid-July, while the aircraft are expected to arrive in August.

Several hundred U.S. service members are already on site preparing the facility south of Riyadh, which is controlled by the Royal Saudi Air Force, a number that will grown to more than 500 after the arrival of an air squadron.

The US officials said the deployment focuses on defensive capabilities, with Patriot batteries for missile defense and the fighter jets intended to defend U.S. forces on the ground. But they acknowledged the aircraft could be used offensively as well."

Note EU-Digest:  It seems that the wheels are coming off the Trump's Administration dysfunctional Middle East foreign policy, which, unfortunately, is getting very little in-depth scrutiny, by either the Press, or government sources, specially those in Europe. 

The fact is that the US, by unilaterally getting out of the Iran Nuclear Agreement, signed by the United States, the United Kingdom, Russia, France, Germany, and the EU, back in 2015, is the direct cause of the present crisis in the Middle East.  

Read more: U.S. military has begun reoccupying Prince Sultan air base in Saudi Arabia

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Friday, July 19, 2019

US-Netherlands relations: Rutte's visit to Washington focuses on jobs and security issues

 During their press conference, Trump was asked about the racist chanting made during a speech at which he again criticized four congresswomen.

The questioning made Rutte visibly uneasy, the Volkskrant said. In 2017, Rutte was himself at the centre of a similar row when he told a Dutch newspaper people who are not happy living in the Netherlands and with the way things are done should leave. And in 2016, he said a group of Dutch Turks demonstrating in Rotterdam should ‘eff off’.

The visit ended with a special ceremony to hand over a US flag which flew during the Normandy landings in 1944. The flag had been bought by a Dutch art collector at auction in 2016 for €450,000 and he decided to donate it to the US. My visit to the White House came to an end with a special ceremony. On D-Day in 1944, the first navigation vessels landed on Utah Beach, Normandy under this very flag. Today this flag returned home, after its Dutch owners presented it to President Trump

Read more: Rutte's visit to Washington focuses on jobs and security issues - DutchNews.nl - Live

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Thursday, July 18, 2019

Spain: Taxes on US Tech Giants

Your face is worth money: Viral App FaceApp Now Owns Access To More Than 150 Million People's Faces And Names - by John Koetsier

Viral app FaceApp has been giving people the power to change their facial expressions, looks, and now age for several years. But at the same time, people have been giving FaceApp the power to use their pictures — and names — for any purpose it wishes, for as long as it desires.

That’s the burning question about FaceApp, a program that takes photos of people and “ages” them using artificial intelligence
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Soon after it shot to the top of the Apple and Google store charts this week, privacy advocates began waving warning flags about the Russian-made app’s vague legalese.

And we thought we learned a lesson from Cambridge Analytica.

More than 100,000 million people have downloaded the app from Google Play. And FaceApp is now the top-ranked app on the iOS App Store in 121 countries, according to App Annie.

While according to FaceApp's terms of service people still own their own "user content" (read: face), the company owns a never-ending and irrevocable royalty-free license to do anything they want with it ... in front of whoever they wish:

Read more at: Viral App FaceApp Now Owns Access To More Than 150 Million People's Faces And Names.

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Wednesday, July 17, 2019

Global Economy: Central Bankers Are Sick of Rescuing the World Economy Alone - by William Horobin and Simon Kennedy

Global central bankers are again in the driving seat when it comes to propping up the world economy, but many are demanding governments join them in the rescue effort.

Amid slowing global growth, the Federal Reserve, European Central Bank and perhaps even the Bank of Japan are all set to ease monetary policy in coming months. But with less room to act than in the past, their leaders are telling politicians they will need to assist if a downturn takes hold.

The pressure could be applied in person on Wednesday when central bankers and finance ministers from the Group of Seven nations meet for talks north of Paris. They convene at a hazardous juncture for the global economy, as an unpredictable trade war risks precipitating a deeper downturn, and some bond markets hint at a growing possibility of a recession.

G-7 host nation France may even offer a reason to take note. President Emmanuel Macron’s 17 billion euros ($19.2 billion) of support for consumers in response to the Yellow Vests protests may have been contrary to his deficit-reduction mantra, but is proving fortuitous amid a global slowdown. French growth in 2019 is expected to outpace the euro-area average for the first time in six years.

“We are seeing political risks rising everywhere, so addressing the lack of growth that benefits all is quite urgent,” said Laurence Boone, chief economist at the OECD. “That cannot be achieved only through monetary policy.”
 
France’s GDP is expected to be more resilient than peers this year.

While Powell of the US has warned the U.S. fiscal position is unsustainable in the long-run, he said last week it’s “not a good thing to have monetary policy being the main game in town.” 

The U.S. got a boost in 2018 from President Donald Trump’s $1.5 trillion tax overhaul, but that effect is fading.

Read more at: Central Bankers Are Sick of Rescuing the World Economy Alone - Bloomberg

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Tuesday, July 16, 2019

Greece's new government: Can Greece become EU's 'most business-friendly' country? - by Symela Touchtidou

Greece will become "the most business-friendly country of the European Union", new Minister for Growth and Investments Adonis Georgiadis told Euronews on Monday.

Georgiadis has been given one of the most challenging jobs in Greece by newly-elected Prime Minister Kyriakos Mitsotakis: revive the country's economic growth.

But in an exclusive interview with Euronews, he appeared undaunted by the task ahead.

"We are going to reduce taxation and we are going to vanish bureaucracy. We will have a new legislation in August that will change almost all legislation, in order to make doing business in this country very easy," Georgiadis said.

"We want to say to everybody: "if you want to earn money and make business, now is time to come to Greece"," he added.

Plans to cut taxation have raised eyebrows in Brussels. Greece's former creditors send the message that fiscal policy should remain tight to achieve the agreed budget targets but Georgiadis is not worried: "The European Union wants to have a success in Greece. We will give success to the European Union.

We are proud to be Greeks, we are proud to be Europeans," Georgiadis said.

For the complete report go to:
https://www.euronews.com/2019/07/15/can-greece-become-eu-s-most-business-friendly-country 

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Monday, July 15, 2019

The Netherlands: Female Executives: Dutch group of investors only to invest in companies with female executives - by Mina Solanki

 That’s right, an important group of Dutch investors has decided to only invest in companies where at least 35 percent of executives are female. The goal for achieving this is set at three years.

There are 25 investors involved in this initiative, and together, they manage around 1,1 billion euros. That is a quarter of the total assets managed by Dutch venture investors. The plan to introduce a quota came about after research into the funding of female-run start-ups, by the investors Eva Mol and Janneke Niessen, revealed that investors almost exclusively funded start-ups run by men. In fact, only 1,6 percent of the businesses invested in was under the direction of a woman.

Read more: Dutch group of investors only to invest in companies with female executives

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Sunday, July 14, 2019

EU signs landmark trade deal with Vietnam

The European Union has signed a landmark free-trade deal with Vietnam, the first of its kind with a developing country in Asia, paving the way for tariff cuts on almost all goods.

The EU has described the deal as “the most ambitious free trade deal ever concluded with a developing country”

The free trade agreement will eventually eliminate 99% of tariffs, with some items cut over a 10-year period and other goods, notably agricultural products, limited by quotas. It is also expected to open up the public procurement and services markets, such as for the postal, banking and maritime sectors.

The deal still needs the approval of the European parliament, which is by no means a certainty given some lawmakers’ concerns over Vietnam’s human rights record.
.
The agreement was signed in Hanoi, three-and-a-half years after trade negotiations ended in December 2015.

Read more: EU signs landmark trade deal with Vietnam | World news | The Guardian

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Saturday, July 13, 2019

Germany: Angela Merkel honors Hitler assassins, laments rise of far right

Merkel honors Hitler assassins, laments rise of far right


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Friday, July 12, 2019

Tech Tax: France ignores US threats on tech tax

France won’t back off from its planned tax on companies like Facebook Inc. and Alphabet Inc.’s Google even after the US suggested it may use trade tools against the levy.

The French Senate passed a bill on Thursday to impose a three per cent tax on global tech companies with at least €750 million ($845 million, Dh3.1 billion) in worldwide revenue and digital sales totalling €25 million in France. The US had earlier said that it will examine whether the tax would hurt its tech firms, using the so-called 301 investigation, the same tool President Donald Trump deployed to impose tariffs on Chinese goods because of the country’s alleged theft of intellectual property.

France said the digital tax is in keeping with international rules, and that it won’t accept the use of trade tools to try to thwart it. “I deeply believe that between allies we can and must resolve our differences in ways other than with threats,” Finance Minister Bruno Le Maire said in a speech in the Senate. “France is a sovereign state that decides its tax measures with sovereignty and will continue to take sovereign tax decisions.”

Read more at: France ignores US threats on tech tax 

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Thursday, July 11, 2019

Wednesday, July 10, 2019

Global Population: World population growth is expected to nearly stop by 2100 says Pew Research Center - by Anthony Cilluffo and Neil G. Ruiz

For the first time in modern history, the world’s population is expected to virtually stop growing by the end of this century, due in large part to falling global fertility rates, according to a Pew Research Center analysis of new data from the United Nations.

By 2100, the world’s population is projected to reach approximately 10.9 billion, with annual growth of less than 0.1% – a steep decline from the current rate. Between 1950 and today, the world’s population grew between 1% and 2% each year, with the number of people rising from 2.5 billion to more than 7.7 billion.

The world’s median age is expected to increase to 42 in 2100, up from the current 31 – and from 24 in 1950.

Between 2020 and 2100, the number of people ages 80 and older is expected to increase from 146 million to 881 million. Starting in 2073, there are projected to be more people ages 65 and older than under age 15 – the first time this will be the case. Contributing factors to the rise in the median age are the increase in life expectancy and falling fertility rates.

Read more at: World population growth is expected to nearly stop by 2100 | Pew Research Center

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Tuesday, July 9, 2019

EU-USA relations: The EU must wake-up to the fact that the "erraticly" acting US Trump Administration is not a friend of the EU, and must act accordingly

"I am the greatest - Trust me it's real"
Donald Trump is "inept," "insecure" and "incompetent," a UK government official reported Saturday to CNN.

And many  diplomats stationed in Washington, although they are not openly saying it, consider the British Ambassador  hit the nail right on the head.

Mr. Trump’s order to attack Iran recently in retaliation for its downing of a spy drone, and his abrupt reversal minutes before American forces carried it out, have intensified global doubts about the president’s judgment and the power wielded by the United States.

The appearance of erratic decision-making “adds to the confusion of his allies and adversaries,” said Nigel Sheinwald, a former British ambassador to Washington who once conducted hostage negotiations with the Iranian government. But it is also part of “a continuing picture of American uncertainty about the use of power,” Mr. Sheinwald said. “It is the leitmotif that runs throughout U.S. history.”

If leaders of Britain, France and Germany — America’s main European allies — saw Mr. Trump’s aborted attack as a point of no return for his own reputation, or for the United States’ global standing, they did their best to hide it.

The public response of Western politicians has been largely cautious, sometimes confused — but only implicitly critical.
Another sore point for the EU is that the United States is also intensifying its trade fight with the European Union over aircraft subsidies, proposing new tariffs on EU goods worth $4 billion.

The tariffs, announced late Monday by the United States Trade Representative, cover 89 products including meat, cheese, pasta, fruits, coffee and whiskey.

They could be added to a list of EU exports worth $21 billion that the USTR said in April would be subject to tariffs.

The threat to target more European goods comes just days after the United States and China agreed to resume talks on a trade deal. President Donald Trump said he would hold off imposing new tariffs on China.

Washington has also been locked in a dispute with the European Union for years over two of the world's biggest airplane manufacturers — Boeing (BA) and Airbus.

It is high time the EU starts calling a spade a spade and, starts playing hard-ball with the US. They have a lot of cards they can play and should not scare away from doing so.

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Sunday, July 7, 2019

Germany: Deutsche Bank to axe 18,000 jobs

Deutsche Bank announced Sunday it would cut 18,000 jobs — about 1 in 5 employees — by 2022, as part of its new round of restructuring
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Deutsche Bank said in a statement on Sunday that the restructuring would include "a workforce reduction" to "around 74,000 employees by 2022."

The layoffs would contribute to reducing annual costs by €6 billion ($6.7 billion) until 2022.

The bank also plans to scrap its global equities business and scale back its investment banking. It expects a €2.8 billion euro ($3.1 billion) net loss in the second quarter as a result of restructuring charges.

Deutsche Bank said the restructuring could cost it €7.4 billion ($8.31) between until the end of 2022.

Read more at: Deutsche Bank to axe 18,000 jobs | News | DW | 07.07.2019

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Saturday, July 6, 2019

USA - Climate change: The next financial crises?

Climate change: The next financial crisis?

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Friday, July 5, 2019

Visegrad Group: A new economic heart of Europe?


After German Chancellor Angela Merkel's recent meeting with the heads of government of the Visegrad Group, DW asks if Central Europe has the economic cloud to push its own agenda in a changing Europe.

The V4 (Poland, the Czech Republic, Slovakia and Hungary) wants to change that.

Only recently, three of the V4 demanded compensation for making green changes to their economies in the EU's next seven-year budget, known as the multiannual financial framework (MFF).

Observers often refer to the V4 as "two plus two" because of their different attitudes toward European integration. Slovakia and the Czech Republic are relatively EU-friendly, while Hungary and Poland are much more euroskeptic. Slovakia is the only country to belong to the eurozone.

Asked if she thought the Central European quartet that makes up the Visegrad Group (V4)could soon rival other EU regional blocs for supremacy within the corridors of Brussels, one EU diplomat offered a curt reply: "No," she said, smiled and departed. 

 The V4 (Poland, the Czech Republic, Slovakia and Hungary) wants to change that.

Only recently, three of the V4 demanded compensation for making green changes to their economies in the EU's next seven-year budget, known as the multiannual financial framework (MFF).

Read more at: Visegrad Group: A new economic heart of Europe? | Business| Economy and finance news from a German perspective | DW | 05.07.2019

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Thursday, July 4, 2019

Natural disasters: South California shaken by 6.4 magnitude earthquake

Southern California shaken by 6.4 magnitude earthquake

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Wednesday, July 3, 2019

Monday, July 1, 2019

G20: Trump-Xi trade talks : the claims and promises

Trump-Xi trade talks at the G20: A look at some of the claims and promises

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