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Monday, November 30, 2020

Germany: Angela Merkel: No-deal Brexit would send a bad signal to the world

German Chancellor Angela Merkel said on Monday that it would send a bad signal to the world if a Brexit trade deal could not be reached, as an EU negotiating team stayed in London for additional talks.

With just one month remaining for the European Union and the UK to come to an agreement, Merkel told a virtual gathering of parliamentarians from across the continent: "Britain and the EU share common values. If we failed to reach a deal, it would not send a good signal."

Read more at: Angela Merkel: No-deal Brexit would send a bad signal to the world | News | DW | 30.11.2020

Sunday, November 29, 2020

EU: Poland could be expelled (exit) from EU over judicial reform clash: top Polish court

Poland could end up leaving the European Union because of plans by the ruling nationalists that would allow judges to be fired if they question the legitimacy of the government’s judicial reforms, the Supreme Court said on Tuesday.

The court said the plans could contravene European law and exacerbate existing tensions between Brussels and Poland’s ruling Law and Justice party (PiS).

“Contradictions between Polish law and EU law ... will in all likelihood lead to an intervention by the EU institutions regarding an infringement of the EU treaties, and in the longer perspective (will lead to) the need to leave the European Union,” Poland’s Supreme Court said in a statement.

Read more at: Poland could exit EU over judicial reform clash: top Polish court | Reuters

The Netherlands: Unilever officially no longer Dutch company

For 91 years, the company structure was divided between the Netherlands and Great Britain, with two head offices in London and Rotterdam. The company also had two boards and two types of shares.

To simplify its structure, the company decided in 2018 to opt for one main office. Initially, the choice fell on Rotterdam, possibly partly due to the government's announcement to abolish the dividend tax. However, after opposition from influential shareholders, London became the final choice. In the end, the abolition of the dividend tax in the Netherlands was not passed.

The restructuring means that important strategic decisions will subsequently be made in London. This brings an end to the long Dutch history of the company, but in practice – at least in short term – there won't be much change.

Read more at: Unilever officially no longer Dutch company | NL Times

Saturday, November 28, 2020

USA: Biden Can’t Stop America’s Democratic Decline - by James Traub

A few years ago I developed a moderately cheering theory about the effects of four years of U.S. President Donald Trump. The thought came to me while I was covering the French presidential elections in 2017. Very few French voters seemed to be attracted to Emmanuel Macron’s Anglo-American brand of liberalism, but they voted for him in overwhelming numbers against Marine Le Pen because they felt called to defend so-called republican values against her populist nativism. The French had a collective memory of their own brush with fascism during the Vichy era and the 1930s. So, too, the Spanish, who kept their own right wing firmly in check. Perhaps, I thought, Americans’ own problem was historical complacency; if so, Trump could provide a kind of homeopathic remedy which would inoculate them against the full-blown disease of authoritarianism without making them gravely ill.

I was wrong. The democratic catharsis that I hoped this election would produce did not happen and is not happening. I need not recite the evidence, as so many others have, including Foreign Policy’s editor, Jonathan Tepperman. It is enough to say that my medical metaphor got it backward: Trump exploited a preexisting condition of contempt for democratic norms and then made it vastly worse.

Read more at: Biden Can’t Stop America’s Democratic Decline

Thursday, November 26, 2020

EU Counter Measures To Be Taken- Article 7: Hungary and Poland maintain united front blocking EU COVID-19 recovery fund

The leaders of Hungary and Poland have vowed to maintain a united front and uphold their veto of the EU's budget and its massive pandemic relief fund.

They continue to oppose the mechanism that ties funding for countries to rule of law principles, arguing that the EU plan risks derailing the bloc.

" Note EU-Digest: Article 7 of the Treaty on European Union should be applied, which is a procedure in the treaties of the European Union (EU) to suspend certain rights from a member state and consequently stop all funding to these two countries within this legal framework".

Read more at: Hungary and Poland maintain united front blocking EU COVID-19 recovery fund | Euronews

Wednesday, November 25, 2020

UK economy to suffer 'largest fall in output for 300 years' as GDP down 11.3% in 2020, says Sunak

Debt would be 91.9% of GDP this year, rising to 97.5% in 2025-26, he said. In comparison, government debt in the eurozone stood at 95.1% of GDP in the second quarter of 2020, according to Eurostat, the EU statistics agency.

The OBR said that if the UK trades with the EU under World Trade Organization (WTO) terms, as would happen should no trade deal be reached by the end of the transition period on December 31, the effect would "reduce real GDP by a further 2% in 2021". Bottom line, the economic picture for Britain looks quite bleak.

UK economy to suffer 'largest fall in output for 300 years' as GDP down 11.3% in 2020, says Sunak | Euronews

Tuesday, November 24, 2020

EU - Opinion on Hungary and Poland: The E.U. Puts Its Foot Down on the Rule of Law - editorial board

After years of passively watching nationalist governments in Hungary and Poland undermine democratic rule, the European Union finally drew the line this year and declared that disbursements from the E.U. budget and a special coronavirus relief fund would be contingent on each member’s adherence to the rule of law. Hungary and Poland have shamelessly retaliated by threatening to veto the Union’s next seven-year budget, emergency funds and all, unless the condition is scrapped.

The governments in Budapest and Warsaw couched their defiance with their usual plaints that the bloc was behaving like their former Soviet overlords. “This is not why we created the European Union, so that there would be a second Soviet Union,” declared Viktor Orban, the proudly illiberal prime minister of Hungary. But such posturing has long been discredited, especially as both right-wing governments have happily reaped huge subsidies from the European Union.

The cynical reactions of Mr. Orban and the right-wing Law and Justice government in Warsaw demonstrated how far they have strayed from the fundamental principles they signed on to when they joined the European Union. They make no bones about it: Hungarian and Polish officials recently met to set up a joint institute to combat the “suppression of opinions by liberal ideology.”

Mr. Orban in particular has systematically worked to curtail the independence of the judiciary, bring the press to heel and curb civil society. With Fidesz, his nationalist party, in full control of Parliament, he took advantage of the coronavirus pandemic in March to assume broad and open-ended emergency powers that effectively allow him to rule by decree for as long as he wants.

Note EU-Digest: "Hungary and Poland want all the benefits of the EU, but do not want to comply with the rules - it's hight time for the EU Commission to give them an ultimatum- live up to the rules of the EU or lose your membership"

Read more at: Opinion | The E.U. Puts Its Foot Down on the Rule of Law - The New York Times