Category: Politics

German government and EU on collision course
7. 2. 2019 No Responses

German government and EU on collision course

Berlin fury over bid to crush big industry. Germany is on a collision course with the European Union as eurocrats reject a landmark merger between Franco-German rail firms Alstom and Siemens. Peter Altmaier, Berlin’s economy minister, has hit back at Brussels...
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Energy bills to rise by £117 for 15m households as price cap lifted
7. 2. 2019 No Responses

Energy bills to rise by £117 for 15m households as price cap lifted

Around 15m households will see their energy bills increase by £117 a year from April after the regulator Ofgem said it was lifting two price caps because of rising wholesale costs. Big energy suppliers are expected to increase their prices...
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Siemens-Alstom Merger Killed By EU Competition Officials
6. 2. 2019 No Responses

Siemens-Alstom Merger Killed By EU Competition Officials

A merger that was supposed to create a “European champion” with the strength to counter the growing economic clout of China has been killed by the European Union’s top competition official, Margrethe Vestager. On Wednesday, Brussels blocked...
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Flotilla of tankers with Venezuelan oil stranded in Gulf of Mexico
5. 2. 2019 No Responses

Flotilla of tankers with Venezuelan oil stranded in Gulf of Mexico

The Suezmax sized oil tanker Karvounis lies at anchor stranded off the coast of Louisiana for lack of a bank letter of credit to discharge its cargo of Venezuelan heavy crude, south of Port Fourchon. A flotilla loaded with about...
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As US Freezes, This Is Where Europeans Can’t Afford To Heat Their Homes
3. 2. 2019 No Responses

As US Freezes, This Is Where Europeans Can’t Afford To Heat Their Homes

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EU Parliament lectures world on rule of law, then destroys legality in Venezuela
2. 2. 2019 No Responses

EU Parliament lectures world on rule of law, then destroys legality in Venezuela

It’s a some degree of moral disgrace when the EU Parliament, which lectures the world on the need to respect the rule of law, uses legal language to tell lies about the legality of the situation in Venezuela, and to...
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Eurozone banks stop issuing €500 notes, although cash-loving Germany delays
28. 1. 2019 No Responses

Eurozone banks stop issuing €500 notes, although cash-loving Germany delays

Germans love their cash and many were not happy when the European Central Bank decided to stop issuing the €500 note. As the rest of the eurozone says goodbye, Germany is delaying its final farewell until April. Central banks in...
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German expert panel agrees on 2038 deadline to end coal use
26. 1. 2019 No Responses

German expert panel agrees on 2038 deadline to end coal use

In a pioneering move, a government-appointed panel on Saturday recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of efforts to curb climate change. The so-called Coal Commission reached agreement in the early...
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Salesforce CEO calls artificial intelligence a ‘new human right’
24. 1. 2019 No Responses

Salesforce CEO calls artificial intelligence a ‘new human right’

Artificial intelligence is a “new human right” that everyone should have access to, Salesforce CEO Marc Benioff said at the World Economic Forum in Davos on Wednesday. Otherwise, “those with access to A.I. will be smarter, healthier, and rich...
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South Korea retained the global crown in the 2019 Bloomberg Innovation Index
23. 1. 2019 No Responses

South Korea retained the global crown in the 2019 Bloomberg Innovation Index

South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought Europe’s largest economy to near-parity in the annual ranking. The U.S. moved up to eighth place, a year after...
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1,500 Private Jets To Descend On Davos This Week, Up 50% From Last Year
21. 1. 2019 No Responses

1,500 Private Jets To Descend On Davos This Week, Up 50% From Last Year

Some would call it ironic, others hypocritical but whatever your level of cynicism, here are the facts: as its top global risks for 2018 and 2019 in terms of likelihood, this year’s billionaire boondoggle at the World Economic Forum in...
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Oxfam: The top 26 billionaires own $1.4 trillion – as much as half other people
21. 1. 2019 No Responses

Oxfam: The top 26 billionaires own $1.4 trillion – as much as half other people

  The world’s 26 richest people own the same wealth as the poorest half of humanity, according to Oxfam International, as it urged governments to rise taxes on the wealthy to fight soaring inequality. Billionaires around the world, who have...
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Sikkim – To Conduct World’s Largest Experiment In Universal Basic Income
19. 1. 2019 No Responses

Sikkim – To Conduct World’s Largest Experiment In Universal Basic Income

  Sikkim – Indian State With 600,000 People To Conduct World’s Largest Experiment In Universal Basic Income A tiny Himalayan state bordering China is about to embark on the world’s largest experiment in universal basic income. All 610,5...
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China offers Iran $3bn oilfield deal despite US sanctions
18. 1. 2019 No Responses

China offers Iran $3bn oilfield deal despite US sanctions

State-run Chinese energy giant Sinopec has offered Iran a $3-billion deal on further development of an Iranian oilfield the two countries are already working on, the Wall Street Journal has reported.  The offer made by the China Petroleum & Chemical Cor...
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French Riot Police Deployed Semi-Automatic Weapons Against Yellow Vests As Macron Loses Grip On Country
15. 1. 2019 No Responses

French Riot Police Deployed Semi-Automatic Weapons Against Yellow Vests As Macron Loses Grip On Country

  French riot police were pictured brandishing Heckler & Koch G36 semi-automatic rifles with 30-round magazines near the Arc de Triomphe in Paris on Saturday afternoon, reports the Daily Mail. The deployment of rifles with presumably live ammunition...
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