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Showing posts with label Corporations. Show all posts
Showing posts with label Corporations. Show all posts

Wednesday, September 25, 2019

The Netherlands - healthcare: profits skyrocket at 85 Dutch Healthcare firms

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Sunday, September 22, 2019

Climate Change: 90 large companies from several sectors are pledging to slash their greenhouse gas emissions

Almost 90 large companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer multi-nationals towards a low-carbon future, organizers said on Sunday.

Read more at:
https://reut.rs/2V51E5I

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Tuesday, August 27, 2019

Media: Controlled by corporations has become unreliable and is threatening democracy

The media has become gossip, clickbait and punditry. This threatens democracy, says Bernie Sanders.

For example, two Silicon Valley corporations – Facebook and Google – control 60% of the entire digital advertising market. They have used monopolistic control to siphon off advertising revenues from news organizations. 

A recent study by the News Media Alliance, a trade organization, found that in 2018, as newspaper revenues declined, Google made $4.7bn off reporting that Google did not pay for.

At the same time, corporate conglomerates and hedge fund vultures have bought and consolidated beleaguered local newspapers and slashed their newsrooms – all while giving executives big payouts.

Gannett’s proposed merger with Gatehouse Media, for instance, will consolidate hundreds of publications under one mega-corporation’s control and slash $300m worth of “synergies” – which is often corporate-speak for layoffs. 

Matt Pearce, a reporter for the Los Angeles Times, notes that “the new Gannett/Gatehouse chief executive is getting $4.5m in bonuses and stock just for walking in the door.”

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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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Thursday, June 6, 2019

The Netherlands - Amsterdam: The inventors of true Corporate Capitalism - To the postcapitalist city … via Amsterdam circa 1619 - by Paul Mason


Imagine yourself in Amsterdam exactly 400 years ago. What word would you use to describe the extraordinary economic and social system around you?

There are a stock exchange, a currency market and a central bank. The most important social institution is something called a ‘company’—not just any old company but the VOC (the Dutch East Indian Company), the most powerful in the world.

There are other clues. The trade fleet of the United Provinces is bigger than all the trade fleets of Europe combined. Amsterdam is the ‘bookshop of the world’. And this is a republic.

So what, using the language available to you as a citizen of the Dutch Republic, do you call this kind of society?

Today it’s obvious. This is the first flourishing of mercantile capitalism. And the transition had been under way for at least 100 years. While London possessed some of the working parts of the new system, only Amsterdam had all of them.

The English ambassador, Sir William Temple, summed up the puzzlement of the rest of the world: "They have no native commodities towards the building or rigging of the smallest vessel … for havens they have not any good upon their whole coast … nor has Holland grown rich by any native commodities, but by force of industry; by improvement and manufacture of all foreign growths; by being the general magazine of Europe, and furnishing all parts with whatever the market wants or invites …"

 Read more at: To the postcapitalist city … via Amsterdam circa 1619 • Social Europe

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?

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Tuesday, April 12, 2016

Tax Havens: Europe Will Force Big Companies to Disclose How They Use Tax Havens

The European Commission will propose rules on Tuesday to force major companies to publish details of where they make profits and where they pay tax, as it moves to clamp down on tax avoidance following the Panama Papers revelations.

Companies will have to disclose activities in tax havens, an amendment which has been added to earlier proposals, but campaigners say the measure may be toothless as European Union (EU) states have no common view of what constitutes a tax haven.

The commission wants to apply the measure to all firms with global annual turnover above 750 million euros ($856 million), meaning US companies such as Google and Facebook — which have faced criticism for their complicated tax avoidance mechanisms — will be subject to them.

The original plan had been for big companies to show only how much they paid in each EU state, with the rest of the world treated as a single item. Now, EU officials say, the draft will propose that they also list how much of their money outside the EU flows through each state classed by EU governments as a tax haven.

The problem, transparency campaigners say, is that there is no agreement among EU member states on the definition of a tax haven.

Read more: Europe Will Force Big Companies to Disclose How They Use Tax Havens | VICE News