ANNUAL ADVERTISING RATES FOR INSURE-DIGEST

Annual Advertisement Rates

Wednesday, March 14, 2018

Weapons Industry: A vicious Circle, as US, Russia,China, EU create wars in Middle East and arms sales there soar amid widespread conflict

Arms imports by Middle East countries mired in violent conflict have doubled in 10 years — and the US, Russia and Europe remain the major suppliers, according to latest research.

Arms imports by Middle Eastern states have more than doubled over the past decade, with the US and European countries the main suppliers of weapons to the region. This is one of the main conclusions of the latest report by SIPRI — the Stockholm International Peace Research Institute.

The independent think-tank dedicated to arms control and disarmament says the volume of international major weapons shipments rose by 10 per cent between 2013-2017 compared to the previous five-year period — largely due to an increase to the far east and the Middle East.

Five countries — the United States, Russia, France, Germany and China — accounted for nearly three-quarters of all arms exports over the past five years.

Note EU-Digest:  :"War is most profitable for us", said one major arms exporter, "and let no one tell you that countries involved in these proxy wars, are in it for moral reasons, It all comes down to economic benefits. So please rest assured these wars will go on forever, for some reason or whatever".

Read more: US and European arms sales to Middle East soar amid widespread conflict | Euronews

Tuesday, March 13, 2018

Britain - Russian Spy Case - Putin is 'tearing up the international rulebook' - EU must show solidarity against Putin's Mafia practises regardless of BREXIT

Britain had hoped for a different scenario but it's now heading into a major showdown with Russia, a senior official at the Royal United Services Institute (RUSI) think tank told Euronews TV.

As tensions mount between the UK and Russia over the poisoning of a former double agent on British soil, Russian President Vladimir Putin appears ready to "tear up completely the rulebook of international behaviour," a senior official at the Royal United Services Institute (RUSI) think tank has told Euronews.

Prime Minister Theresa May gave Russia until midnight on Tuesday to explain how former spy Serguei Skripal and his daughter Yulia were poisoned in the southern English city of Salisbury with a nerve agent developed by the Soviet Union.

Moscow has fiercely denied any connection to the poisoning and says the UK is whipping up anti-Russian hysteria. RUSI International Director Jonathan Eyal said in a Skype interview that May's move had not intended – at least initially – to be an ultimatum.

"As the British prime minister sees it, she was basically trying to give the Russians at least a possibility of getting out of a difficult situation. She hinted at the possibility that they may suggest that these are chemical compounds that have escaped from government control," Eyal said.

"But it is already clear that there is nobody in Moscow in any mood whatsoever at the moment to take that elegant way out and to prevent a much bigger showdown."

Eyal says the UK could cripple the Russian embassy in London by expelling a raft of diplomats, including the Russian ambassador. But any diplomatic retaliation would be more effective if the UK could show it has the support of its European allies.

"I think what will be watched very carefully in Moscow is if Britain is out on a limb on this one, or if the British government manages to carry its allies with it," Eyal said

 May, who said on Monday (March 12) it was "highly likely" that Russia was behind the Skripal poisoning, has already won support from the European Union, which denounced the attack as "shocking."

"As things currently stand, it appears that President Putin in Moscow believes that there is no hope for any good relations with the West, and therefore it’s his turn to tear up completely the rulebook of international behaviour."

Note EU-Digest: Now is the time for the EU to stand firm together with Britain and provide complete support against these Mafia practices of President Vladimir Putin's Government. This is also the time for the EU to put Brexit on the back burner and take up the fight against these totally unacceptable crimes committed on the territory of Britain (EU) by a foreign power.

As to the lip service provided by the US President Trump to Theresa May, one should consider these assurances of support "dubious", given that the US Trump Administrations relationship with the Russian government is still under investigation by the FBI.

EU-Digest

Monday, March 12, 2018

EU Reaction to US Trump Administration Tariffs: Counter-Tariffs Proposal Is Raising Prospects Of Trade War - by Zoltan Ban

In response to America's steel & aluminum tariff plan, the European Commission has drawn up a list of American products to impose tariffs on, ranging from orange juice to motorcycles.

The proposal needs the approval of EU member states, but if it does go ahead, it will likely lead to US retaliatory measures, which would then spark a trade war.

The onset of a major trade war can result in significant negative side effects, ranging from inflation & higher interest rates, to multinationals taking losses on capital investments abroad.

*It did not take long after President Trump proposed tariffs on imports of steel & aluminum of 25% & 10% respectively, for one of America's main trade partners to announce counter-measures meant to hurt American products in kind. As is the case with many things in the EU it now has to seek the approval of each individual country, which means that it is by no means a done deal. 
*If it does get approval from all EU states however, it will mean that a number of US products, ranging from metals & other industrial goods, to orange juice may be affected. 
*At this point, based on an article I read on a Romanian news site, the total value of American goods affected with a proposed 25% counter-tariff is estimated at $3.5 billion. 
*This by itself is by no means a huge hit to American economic interests, but the inevitable question arises whether this might be only the beginning of a trend which will lead to more and more trade barriers between the world's two largest economies, and perhaps throughout the world.

Read more: EU Counter-Tariffs Proposal Is Raising Prospects Of Trade War | Seeking Alpha

Sunday, March 11, 2018

Ireland - Artificial Intelligence: Ireland committed to digitisation of EU economy, says minister

Ireland’s commitment to the digitisation of the EU economy is to be raised during a high-level meeting in Brussels on Monday.

Minister for Trade Pat Breen will also discuss issues relating to EU competitiveness, including the 25th anniversary of the single market and EU industrial policy when he meets European commissioner for digital economy and society, Mariya Gabriel later.

The Clare TD said: “Digitisation is increasing on a vast scale and Ireland continues to be regarded as one of the EU’s digital front runners.

“We fully support the overall DSM (digital single market) agenda and the Government sees obvious synergies between digital policy initiatives at EU level and national policy.

“In particular, we want to underline the benefits to small and medium enterprises that the DSM will bring in terms of market access and opportunities for growth.

“In helping to progress the DSM, Ireland will continue to strive for outcomes which are pro-trade, pro-enterprise and pro-innovation.”

The DSM is one in which the free movement of people, services and capital is ensured, and where the individuals and businesses can seamlessly access and exercise online activities under conditions of fair competition, and a high level of consumer and personal data protection, irrespective of their nationality or place of residence.

The strategy was endorsed by the European Council in June 2015.
Meanwhile, artificial intelligence will be the central theme when Europe’s nine digital front runner countries meet in Dublin in May.

Mr Breen added: “Artificial Intelligence (AI) is an exciting development that is shaping a new reality for Irish businesses and creating significant new opportunities for innovation across all industries.

“The meeting in May will be an opportunity for both the international AI dimension and the Irish AI ecosystem to be showcased.”
 

Saturday, March 10, 2018

The Netherlands: One in every 10 retail purchases in the Netherlands is now made online

Web shops continue to grow in popularity, ringing up a record €22.5bn in sales in 2017, sector organisation Thuiswinkel reported on Friday morning. One in every 10 retail purchases is now made online,

Thuiswinkel said. Buyers in the Netherlands totted up more than 201 million online purchases last year and the total bill was up 13% on 2016. Holiday sales, centred around Black Friday and Single’s Day, contributed heavily to the total sales.

In 2017, 95% of Dutch consumers aged 15 and older made an online purchase of goods or services, the report revealed. ‘Web shops get a lot of attention during sales and holiday campaigns. That’s how we capture the first buyers for Sinterklaas.

 On the downside, sales in these periods are at lower prices which pressure profit margins,’

Thuiswinkel.org’s Wijnand Jongen said. Jongen expects web shops will create more shop holiday occasions, ‘on Mother’s Day, for example, or around special school events.’ The last three months of the year with its many holidays now account for 33% of all online retail sales,’ he said. Health and beauty

Read more: One in every 10 retail purchases in the Netherlands is now made online - DutchNews.nl

Friday, March 9, 2018

Trump Tariffa: EU insists on US tariffs exemption - by Eric Maurice

The EU is trying to be exempted from tariffs on steel and aluminum to be imposed by US president Donald Trump and avoid a trade war between close allies.

"Europe is certainly not a threat to American internal security, so we expect to be excluded," EU trade commissioner Cecilia Malmstroem said in Brussels in Friday.

She insisted that "nobody has an interest of escalating this situation."

Malmstroem will meet US trade representative Robert Lighthizer on Saturday, along with Japan's trade minister Hiroshige Seko.

She will argue that EU companies are not state-subsidised nor in overcapacity, and that therefore they are not a source of "unfair trade" with the US.

She will also insist that US tariffs fail to address the main problem on the global steel market: China's overcapacity by state-owned companies.

"We agree on the problems, not on the remedy," said an EU official on Friday, insisting that tariffs are "a prescription for the wrong illness".

"Overcapacities will be on the agenda" of Saturday's meeting, European Commission vice president Jyrki Katainen confirmed. ??He warned however that the dispute will not be solved on Saturday.

"Tomorrow's meeting is a meeting, not the meeting," he said, adding that "most probably the discussion will continue."

He added that the EU was still preparing to impose counter-measures, including tariffs on US products.

"We are hoping we are not forced to use them," he said, but warned that "if the worst case scenario happens, we are ready to take the US to the WTO [World Trade Organization] court."

Read more: EU insists on US tariffs exemption

Thursday, March 8, 2018

EU Bioeconomy 2.0– Cultivating a home grown success – by Joanna Dupont

Barely six years old, the EU’s Bioeconomy Strategy, currently under revision, is slowly but surely propagating green shoots of sustainable economic recovery in innumerable and unexpected ways, writes Joanna Dupont.

Joanna Dupont is the Director of Industrial Biotech and Cross-Sectoral Strategy at EuropaBio.

Plastic packaging for cheese made from milk waste, car tires made from dandelion rubber, bikes made from bamboo, coffee cups made from coffee grounds, car fuel made from wheat straw, T-shirts made from trees: These are just a few of the bio-based products developed in recent years.

And yet, this is just the beginning. The bioeconomy, circular by nature, is not only at the forefront of making valuable products and processes from biomass rather than from fossil carbon. It’s also leading the quest to turn trash into cash and is a future lifeline for many sectors struggling for survival in the face of globalisation and digitalisation.

The rationale for enabling the development of the bioeconomy is as compelling as it ever was: by 2050, the world population is expected to reach nine billion people, which will put unprecedented pressure on the environment and its natural resources.

Coupled with the combined threats of climate change, biodiversity depletion, water and land shortages and increased levels of pollution, new solutions are urgently needed. An innovation-driven bioeconomy, with increased sustainability as its end goal, will provide renewability, circularity and multi-functionality whilst creating jobs, growth and prosperity in rural, coastal and urban areas.

But while unprecedented progress has been made since 2012 in some areas of bio-based research, innovation and investment, not least as a result of the EU’s €3.7 billion Bio-Based Industries Joint Undertaking, a number of factors have put the brakes on driving commercial success of new products and processes.

An abundance of scientific excellence and a conspicuous lack of bio-based scale-ups had become a familiar story in Europe, with many companies heading for more predictable investment environments overseas to commercialise the results of their work, taking jobs and growth with them.

Compounding this is a communications challenge. For many vital influencers of the developing bioeconomy, including consumers themselves, the concept has been difficult to get to grips with. This could be due, in part, to the fact that the bioeconomy is so broad that it means very different things to different people.

This is improving and, increasingly, a burgeoning number of member state and regional bioeconomy initiatives are ensuring that examples of the ‘’backyard bioeconomy’’ are accessible, relatable and tangible for their communities. Then there is the low level of understanding of just how many of our everyday products are currently made with fossil carbon, from soap to shoes, to sofas to smartphones and beyond, which could instead be made from locally grown biomass.

A further challenge, for emerging bio-based industries themselves, is a constant need to reduce costs whilst still operating at small scale, to create new markets and to demonstrate sustainability criteria in a marketplace flooded with fossil-carbon alternatives facing no such hurdles.

But, the very fact that the bioeconomy intrinsically links land and natural resources with production and consumption can, itself, be cause for concern. NGOs have helped to highlight some practices which are of concern, in particular with regard to cultivation practices for certain energy crops.

Indeed, to be truly sustainable the bioeconomy should arguably only use biomass in a smart and efficient way and, ideally, for purposes where no other renewable alternatives are available to tackle the threats and resource shortages that we face.

Differentiation is, however, important and consideration of the options alternatives available, in the context of the demands of a growing population and the other grand challenges we face is essential.

In other words, we must consider these debates in the context of the potential consequences of maintaining ‘business as usual’ and acknowledge that in the dialogue around the development of the bioeconomy there will not always be a perfect solution or agreement on the direction or speed of travel.

But what there should be is a consensus on the need to enable future generations to tackle the challenges that they will face, as highlighted so well by the UN Sustainable Development Goals, and to have sufficient, sustainable, renewable food, feed, fuel, fibre and other materials to meet their needs without compromising the climate, the environment or its ecosystems.

To prepare for the future, a concerted effort is needed to ensure that the solid foundations of research and innovation in the bioeconomy are built upon. But future bio-based innovators must also be afforded the chance to emerge, reach economic self-sufficiency and thrive.

This means creating a predictable coherent, policy environment, to attract the investors waiting in the wings, and market stimulation measures to help bridge the omnipresent commercialisation ‘’valley of death’’. Bioeconomy pioneers are hopeful for an ambitious but achievable revised bioeconomy strategy to ensure that the next six years are even more transformative than the last.

Read more: EU Bioeconomy 2.0– Cultivating a home grown success – EURACTIV.com