For months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words, accusations, and threats that have been fought between Greece and its Eurozone and European Union partners.
Tagged: European Union
In this episode of the Budget & Tax News podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with James Roberts. Roberts is an economic research fellow at the Heritage Foundation. Roberts joins Hathaway to talk about Greece’s economic collapse, the “Grexit,” and how problems in the European Union may effect Americans.
Most of us on the center-right very much like free trade — for at least a couple of reasons. The freer trade is, the cheaper the things traded are. Which makes life easier for everyone in the nations engaged in said trade.
The European Central Bank has announced its intention to create out of thin air over one trillion new Euros from March 2015 to September 2016. The rationale, the monetary central planners say, is to prevent price deflation and “stimulate” the European economy into prosperity.
The only problem with their plan is that their concern about “deflation” is a misguided fear, and printing money can never serve as a long-term solution to bring about sustainable economic growth and prosperity
European Union nations want to impose tougher economic sanctions on Russia for invading Ukraine and providing the missiles that shot down Malaysia Airlines Flight MH17. However, they are worried about biting the hand that feeds them – with the natural gas that fuels much of its economy.
On September 23, representatives from 190 nations will gather at the Climate Summit 2014 at United Nations headquarters in New York City, including 125 heads of state. President Obama and other world leaders will attend to discuss the urgent problem of climate change, seeking common ground in preparation for a “meaningful global agreement in 2015.” At the same time, Europe is threatened by conflict in Eastern Ukraine and ISIS beheads US citizens in the Middle East.
The Twentieth was the Century of the Welfare State. Governments the world over built and then continuously grew their domestic aid money delivery apparatuses. Tens of trillions of dollars were spent in attempts to raise poor people up and out.
It’s been disastrous.
Last week a federal judge ordered Microsoft to hand over its data stores to the government, including data housed overseas. The ruling marks an ominous new chapter in Internet privacy, one that could have lasting impacts on both individuals’ privacy online and the nature of international law.
Google has privacy clay feet. The NSA and Big Data may also, since they are relying on many of the same outdated legal assumptions as Google. In the last few months, both the U.S. Supreme Court and European authorities have made new baseline privacy decisions that have greatly strengthened individuals’ right to privacy. As a result, they’ve also exposed and heightened Google’s massive privacy liabilities.
This summer’s elections to the European Parliament, the legislative body of the European Union, marked a radical swing against the greater centralization of power in the hands of Eurocrats in Brussels. A great many of the Euroskeptic parties that had big wins were the French National Front and the British United Kingdom Independence Party (UKIP). Other Euroskeptic parties on the continent, in Germany, Denmark, the Netherlands, Greece, and elsewhere, also made out quite well. It was a wake-up call to many European leaders who had been complacent and tried to label Euroskeptics as fringe or extremist. The performance of UKIP in particular, which beat all three mainstream parties in the election, made those labels ridiculous.
The siren song of independence and national self-determination has sounded once again across Europe. It is a song that holds echoes of a century ago, when the internal force of nationalism convulsed the European empires into world war. Yet, while the song remains the same, the tune has changed.
Few French economists have achieved the kind of adulation Thomas Piketty has experienced recently from the media and the left. Within the context of the American political scene, Piketty’s dour predictions for the future of capitalism and his call for a “utopian” global wealth tax fit perfectly with the left’s frame of an inequality message.
The convergence in almond groves of so many commercial bees from all over the country creates a hotbed of viruses and pathogens that can spread to many hives. The varroa destructor mite carries at least 19 different bee viruses and diseases, causing major impacts on bee colonies. Parasitic phorid flies are another problem, and highly contagious infections also pose significant threats. The intestinal fungus nosema ceranae, for example, prevents bees from absorbing nutrition, resulting in starvation.
Why are European Commission antitrust authorities bending over backwards to settle with Google? The EU’s apparent preference for settling, rather than prosecuting Google for antitrust violations, turns a blind eye[…]
The high cost of Obama’s war on coal will soon become apparent, just as it has in Germany and the rest of Europe, and just as the high cost of Obamacare is penetrating the consciousness of the average guy.
Do Europeans really need reminding that then-candidate Barack Obama promised on the eve of his November 2008 election as U. S. President that the “fundamental transformation of America” was about to begin?
Since the EU is already pushing net neutrality regulation of broadband and set on banning mobile roaming charges in the EU, it would not be surprising for the EU to propose that the U.S. also adopt net neutrality and broadband pricing restrictions in order to “harmonize” the EU-U.S. communications market as part of the upcoming U.S.-EU Free Trade Agreement.