Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
by Bjinse on Tue Nov 13th, 2018 at 10:55:46 PM EST
Hello Amazon, So Long Crystal City: Builder Sees Old Name Fading
Amazon will pay JBG Smith $294 million to buy two plots of land next to the Pentagon, on which the real estate investment trust will develop seven or eight new office buildings, Kelly said. The tech firm will also rent about 500,000 square feet in three existing properties, though it will probably leave some of that space once the new offices are built, Kelly said. JBG Smith expects to spend about $90 million on renovating two of the leased buildings. No tenants will be forced out as a result of Amazon moving in.

Crystal City and Pentagon City

Diversity is the key to economic and political evolution.

by Cat on Wed Nov 14th, 2018 at 10:43:41 PM EST
[ Parent ]
A "David" graft operation --NYC,NY, Arlington, VA, and Nashville, TN [?] joined by tax incentives.
Amazon to get billions in breaks for HQ2 development
Each would have up to 25,000 jobs and Amazon will create a new facility in Nashville with 5,000 jobs.
New York City, NY Total Incentive - $1.525 billion ...
Arlington, VA Total Incentive - $573 million ...
Nashville, TN [?] Total Incentive - up to $102 million
Average compensation demanded for jobs saved or created is $150,000 (while average US line worker's compensation, inc. OT, is $28K, gross). What Would France Do?

Diversity is the key to economic and political evolution.
by Cat on Fri Nov 16th, 2018 at 01:39:40 AM EST
[ Parent ]
What Would France Do?

Illegal state aid, struck down by the EU.

No, Macron can only reduce payroll taxes globally for all enterprises, with zero jobs created or saved.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Fri Nov 16th, 2018 at 11:34:00 AM EST
[ Parent ]
Germany hegemony? That was a popular broomstick. Is it still? Rlly?
U.S. envoy for Iran warns EU banks, firms against non-dollar Iran trade
Criticizing EU efforts to bypass sanctions, Hook reiterated a warning that such an EU effort sent "the wrong signal, at the wrong time."

However, he added that waivers from sanctions granted to eight* of Iran's biggest oil importers were to ensure the U.S. measures did not harm allies or raise oil prices.

Upset by Trump's Iran waivers, Saudis push for deep oil output cut

* USA Today (Nov: Italy, Greece, Japan, China, S Korea, Turkey, Taiwan, India) completes Bloomberg reporting, "The European Union as a whole won't get a waiver." Duration of the waivers is another story all together.

EU Takes Measures to Protect Business with Iran
US Foreign Policy from Crisis to Crisis

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 16th, 2018 at 04:15:03 AM EST
[ Parent ]
Fear and Trembling: Carlos Gohsn arrested in Japan

Carlos Ghosn: Nissan scandal slams brakes on cost killer's career

Carlos Ghosn was, until Monday, a titan of the global car industry. The first person to lead two Fortune 500 companies at the same time, he also enjoyed an almost unique position as a foreign chief executive of a major Japanese company - even gaining the honour of a manga comic book version of his life and rice sculptures of his face in bento lunchboxes sold to Japanese businessmen.

Yet in a remarkable development which has shocked the automotive industry, Ghosn will now be dismissed by Nissan on Thursday after alleged financial irregularities. Nissan did not hold back in its statement on Ghosn, accusing him and a senior colleague of "significant acts of misconduct" including understating his pay to regulators and misusing company assets. Renault and Mitsubishi Motors, both of which Ghosn also chairs, have yet to respond.

Ghosn has attracted more and more controversy for his inflated pay packages and his refusal to share power at the three car manufacturers he's been leading.

by Bernard on Mon Nov 19th, 2018 at 09:02:28 PM EST
[ Parent ]


Top Diaries

Occasional Series