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*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Dec 12th, 2014 at 03:32:37 PM EST
Jean-Claude Juncker admits sweetheart tax deals sullied reputation as EU head | World news | The Guardian

Jean-Claude Juncker has admitted his reputation as head of the EU executive has been sullied by the disclosure of sweetheart tax deals in Luxembourg that saved multinational companies tens of billions of euros.

The European commission president denied, however, that he was responsible for the controversial tax arrangements with companies such as Disney, Skype and Ikea. The revelations have put Juncker under pressure and triggered a censure vote in the European parliament. UK MPs questioned this week whether he should remain in his post as the EU's most powerful official.

..."I had contact with several, but not all of the firms mentioned," he said in an Austrian television debate with the Guardian and other European publications. "But I never interfered in the special tax rulings because under the law a Luxembourg finance minister is not allowed to. He is not allowed to influence the form of a specific tax file."

Juncker argued 22 of 28 EU countries behaved similarly in granting tax concessions to the multinationals and that there was nothing special about Luxembourg. Critics and experts agree countries such as the UK, Ireland, and the Netherlands have been competing for business by bestowing favourable tax regimes on big firms but say that Luxembourg, the EU's smallest country, operated on a different scale of magnitude.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Dec 12th, 2014 at 03:32:47 PM EST
[ Parent ]
Of course it is terrible that Junker has been involved in this, but the issue is not about the individual but the fact that institutionally, nobody ever saw problems with these arrangements

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Dec 13th, 2014 at 11:59:32 AM EST
[ Parent ]
Richard Desmond makes £300,000 donation to Ukip | Media | The Guardian

Daily Express owner Richard Desmond has thrown his financial support behind Ukip, pledging £300,000 to Nigel Farage's party less than five months before the general election.

The six-figure donation suggests that Desmond's stable of newspapers - the Daily Express, Sunday Express, Daily Star and Daily Star Sunday - will back Ukip ahead of the vote next May.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Dec 12th, 2014 at 03:32:59 PM EST
[ Parent ]
Of course the Express stable joins ukip. A paper that just prints nonsense for a party that just talks nonsense

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Dec 13th, 2014 at 11:58:08 AM EST
[ Parent ]
Clashes as protesters strike against labor reforms in Italy | News | DW.DE | 12.12.2014

The strike, called by the nation's biggest union coalition, the CGIL and two smaller confederations, the UIL and UGL, hit public transport, hospitals, schools and civil administrations across the country. More than 50 rallies were held nationwide, with around 40,000 participating at a demonstration in Rome.

...The new labor reforms are a bone of contention between Prime Minister Matteo Renzi and Italy's workforce. The 39-year-old prime minister has proposed the "Jobs Act," aimed at loosening restrictions on companies wanting to fire employees when business is slow.

Unemployment in Italy is at a record 40 percent and workers' unions believe that the government needs to change its policies on employment rather than target the labor force. "The Jobs Act and the budget do nothing to revive the economy and create jobs," Susanna Camusso, head of the CGIL said.

I snipped the parts of the article where the DW desk editor frames the issue in a reformist-biased way...

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Dec 12th, 2014 at 03:33:11 PM EST
[ Parent ]
"I snipped the parts of the article where the DW desk editor frames the issue in a reformist-biased way..."

Mercifully.  

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Dec 13th, 2014 at 07:56:41 AM EST
[ Parent ]
The 39-year-old prime minister has proposed the "Jobs Act," aimed at loosening restrictions on companies wanting to fire employees when business is slow.
Sounds familiar? Ah yes, we've been hearing this in France and other European countries for the past forty years. Like burning a village in order to save it, this logic claims that, to create more jobs, you need to, you know, destroy jobs even faster.

Funnily, such policies have done nothing but let unemployment grow higher and higher for three decades in a row. I suppose that pointing out such an abysmal track record would get you accusations of "crass Keynesianism" or worse...

(my spell checker initially proposed: "to crate more jobs...")

by Bernard on Sun Dec 14th, 2014 at 05:27:25 AM EST
[ Parent ]
It's becoming increasingly obvious to the workers how the ECB pretends to have their welfare in mind, its actions -and lack of- are pauperising whatever industries which are still hanging on by their nails.

The much touted 'foreign investment' then steps in to buy the firm for pennies on the dollar.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sun Dec 14th, 2014 at 05:51:57 AM EST
[ Parent ]
At a record 40%

That can't be right.  More German math I think.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Tue Dec 16th, 2014 at 07:56:53 AM EST
[ Parent ]
Under 25 male unemployment.
by Colman (colman at eurotrib.com) on Tue Dec 16th, 2014 at 08:02:06 AM EST
[ Parent ]
in the cited article? May be true but not the way it is presented.

Thus the comment about a certain kind of (distorted) math.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Mon Dec 22nd, 2014 at 07:22:53 AM EST
[ Parent ]
by das monde on Tue Dec 16th, 2014 at 08:18:38 AM EST
[ Parent ]
Monti comments
Il 14 febbraio 2012, quale premier e ministro dell'Economia, decisi di non firmare l'impegno che mi veniva richiesto dal Comitato olimpico internazionale per prendere in considerazione la candidatura di Roma all' Olimpiade del 2020. Firmandolo, avrei obbligato lo Stato, cioè in concreto i governi che sarebbero venuti negli anni successivi, a pagare ogni eventuale eccedenza di costi rispetto a quelli coperti dal comitato organizzatore.

Forse Renzi non ricorda quali erano le condizioni del Paese in quella fase. Lo spread non era più a quota 575 punti come nel novembre 2011, ma era ancora intorno ai 400 punti. Nei mercati e tra i governi dei maggiori Paesi erano ancora molti coloro che pensavano che l'Italia sarebbe uscita dal «rischio insolvenza» solo ricorrendo a prestiti di salvataggio della Ue e del Fmi, sottoponendosi così a «protettorato» da parte della troika. Del resto, molti osservatori attribuivano la crisi della Grecia, scoppiata nel 2009, anche alle conseguenze finanziarie dello sforzo olimpico. Quel 14 febbraio dissi in conferenza stampa: «Non vogliamo che la percezione che stiamo faticosamente cercando di dare dell'Italia negli ambienti internazionali, nell'Ue, nei mercati, possa essere compromessa da improvvisi dubbi, magari alimentati dai concorrenti dell'Italia nella sfida olimpica, circa la serietà dei propositi di risanamento finanziario del Paese.

by gk (gk (gk quattro due due sette @gmail.com)) on Tue Dec 16th, 2014 at 08:28:16 AM EST
[ Parent ]
An Olympic bid is the last refuge of the scoundrel.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Dec 16th, 2014 at 10:11:54 AM EST
[ Parent ]
Former commander urges Nato to send arms to Ukraine | World news | theguardian.com

A former commander of Nato in Europe has called for the alliance to send arms and military advisers to Ukraine to help it fight Moscow-backed separatists.

James Stavridis said during a visit to London: "I think we should provide significant military assistance to the Ukrainian military. I don't think we should limit ourselves to, non-lethal aid. I think we should provide ammunition, fuel, logistics. I think cyber-assistance would be very significant and helpful, as well as advice and potentially advisers.

"I don't think there needs to be huge numbers of Nato troops on the ground. The Ukrainian military can resist what's happening, but they need some assistance in order to do that."

Yeah let's just escalate things until WWIII! Was this guy too young during the Cold War or was he one with the neocons who believed they can "win" WWIII?

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Dec 12th, 2014 at 03:33:26 PM EST
[ Parent ]
By the way, speaking of the Moscow-supported seperatists, I am otld (as I don't understand the language) that this clip is a Ukrainian army officer returing from visisting prisoners in the eastern parts talking about russian troops and officers not being present there.

The channel Espreso TV made its name sending from Maidan, so no obvious pro-Moscow bias, rather the other way around.


Anyone wants to confirm that it is an accurate impression of what is being said?

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Sat Dec 13th, 2014 at 07:51:10 AM EST
[ Parent ]
He was representing two Ukrainian anti-war organizations (Combatant Professional Union, Antiwar Movement). Reiterates a couple of times antiwar wishes among the population and the Ukraine army, and anti-constitutional strategy of the Ukrainian government (on the conflict status, application of international laws like Geneva convention).

Part I:  2:18: Says that the prisoners, wounded are negative about the conflict, positive about the captive conditions. 4:12: Negative about Ukrainian army preparation, supplies, equipment.

Part II:  2:55: Says that saw Russian volunteers, Cossacks in Luhansk, but no regular Russian Army.  4:27: States that Ukrainian actions are often terrorist.

by das monde on Tue Dec 16th, 2014 at 10:54:50 AM EST
[ Parent ]
Thanks.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Sun Dec 21st, 2014 at 05:17:37 AM EST
[ Parent ]

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