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Macron's role in setting up the nonrepayable $390 billion common funding for the European Recovery Fund
07/31/2020
Macron's effort to persuade Merkel and Germans of the need for common funding for European recovery and his persistence at negotiations with the Dutch and Swedes to secure 390 billion euros of funding aid has earned him increasing popularity in France. It also brings Spain, Italy, Greece and eastern European nations closer together with France and Germany as they fight the pandemic.
Linked Articles
Macron's popularity climbs after signing EU pandemic stimulus, reshuffling gov't
France 24 07/30/2020
Opinion: Extraordinary times call for extraordinary EU measures | DW | 21.07.2020DW.COM 07/21/2020
De Anza College in Cupertino, California where a Apple co-founder got his start and the implications of tax avoidance strategies
04/28/2012
A U.S. Senate Report in May 2013 points to tax avoidance strategies by Apple, and Apple CEO Tim Cook appears before a Senate hearing. EU leaders meet in Brussels to address the problems of tax avoidance by digital companies which aggravate the budget deficits of EU countries, especially at a time of cutbacks in infrastructure spending and education that supports the digital companies access to to human resources. De Anza College in Cupertino is where on of the Apple cofounders went to school. The head of the college describes the effects of cutbacks in funding on the college. On the other side of the Atlantic Fredrik Reinfeldt, Sweden's prime minister makes a similiar case saying the digital companies need access to infrastructure and educational centres which makes the payment of taxes used to fund this necessary for the whole system not to fall into dysfunction.
Linked Articles
Apple's Tax Strategy Aims at Low-Tax States and Nations
New York Times 04/28/2012
Europe Tackles Tax EvasionWall Street Journal 05/22/2013
Dangers of credit fueled bubble in China- 2015-2016
10/17/2014
Bob Davis of WSJ sees the end of China's economic miracle in 2015-2016. He is pessimistic about the future. The Economist cites estimates of debt to GDP reaching 250%, and the IMF warns of the dangers of credit fueled growth citing examples of Ireland, Spain, Brazil and Sweden.
Linked Articles
The End of China’s Economic Miracle?
Wall Street Journal 11/24/2014
Chinese debt: The great hole of ChinaEconomist 10/17/2014
India's import bill for energy supplies and its problem with a rising current account deficit
04/11/2012
A sense that India has not managed globalization as well as it should have, is the view expressed by India's central bank governor, Devi Subbarao, at a IMF discussion with Charlie Rose and central bank governors from Mexico and Sweden, Lagarde and and Christina Romer on April 20, 2012 at IMF headquarters. One facet of this is the rising current account deficit, declining foreign investment, and shortages of coal and other energy supplies.
Linked Articles
Wall Street Journal 04/26/2012
India Grapples With Soaring Energy CostsWall Street Journal 04/11/2012
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