Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
by Bjinse on Tue Aug 7th, 2018 at 11:54:17 AM EST
< wipes tears >

The letter details how China uses its so-called debt-trap diplomacy to nurture dependence and extract strategic concessions from its borrowers.
wait for it
Perdue and his colleagues hope that Washington's outsized role in the IMF, as its largest financial contributor, can persuade it to only to offer loans that won't be used to indirectly pay for Chinese projects.

archived we shall see
The only person in the US Federal government more ignorant and moronically stupid than than the people in that list is Donald Trump.

Diversity is the key to economic and political evolution.

by Cat on Tue Aug 7th, 2018 at 08:46:57 PM EST
[ Parent ]
Wow, lending money to relatively poorer countries, and using that debt as a leverage to force a variety of economic and policy concessions? China has really caught on to something here! It's sort of amazing that nobody in Europe or the USA ever thought of this, it would have made that whole imperialism thing so much easier!
by Zwackus on Thu Aug 9th, 2018 at 12:22:02 PM EST
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Certainly easier than sending in the troops and typically more successful as well.
by rifek on Fri Aug 10th, 2018 at 12:16:47 AM EST
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The evil of cultural appropriation at work.
by generic on Fri Aug 10th, 2018 at 11:12:38 AM EST
[ Parent ]
American companies cut their ["]investments["] in the Netherlands

Diversity is the key to economic and political evolution.
by Cat on Tue Aug 7th, 2018 at 10:17:18 PM EST
[ Parent ]
re: jurisdiction, "virtual" borders in the "cloud"
[US] Judge Advances Cryptocurrency Class Action
The judge also rejected claims the lawsuit seeks to apply U.S. securities laws to conduct that occurred overseas. Although a Swiss foundation oversaw the initial coin offering [ICO], Seeborg found the Breitmans' development of key elements for the project took place in California, and that marketing for the offering almost exclusively targeted U.S. investors.

In rejecting the extraterritorial argument, Seeborg also noted the lead plaintiff initiated his investment transaction on a website hosted on a server in Arizona, and that his contribution of the digital currency Ethereum was "validated by a network of global `nodes' clustered more densely in the United States than in any other country."

US Federal law eats world, taunts "EU-3" dominion
Coinbase reportedly gets approval from U.S. regulators to start listing tokenized securities
Always Read the Footnotes

Diversity is the key to economic and political evolution.

by Cat on Wed Aug 8th, 2018 at 06:54:46 PM EST
[ Parent ]
Rural Ireland not banking on funds to come from the pillar institutions
He applied to his local AIB [!] branch in Nenagh for a loan of €135,000. Circumstances were on his side: He had a perfect credit rating; his business survived the recession'; and the government had made a big play in purporting to support small businesses.

To this end, funding had been earmarked specifically for small business through the Strategic Banking Corporation of Ireland, to be administered by the pillar banks. ...

Largest-ever European Investment Bank support for Irish agri-business
Belfast [!] based agri-technology company Devenish Nutrition has secured €118m in long-term funding to enable its research, development and growth plans.The EIB loan of €40m will enable the company to develop a purpose-built Global Innovation Centre in Dowth, County Meath.
The investment is backed by other finance partners Ulster Bank and Danske Bank.
I am losing patience with the sob stories ...

archived o'er the cliff edge

Diversity is the key to economic and political evolution.

by Cat on Thu Aug 9th, 2018 at 09:34:47 PM EST
[ Parent ]
hmm, this an is interesting note considering the value and volume of USA goods entering IE (air)ports, then leaving UK by sea and um intermodal transport.
France to veto post-Brexit sea [?] route skipping French ports
French transport minister, Elisabeth Borne, has officially protested against an EU plan connecting Ireland to Europe via Zeebrugge, Antwerp and Rotterdam after Brexit.
adding that French ports has the necessary resources to handle the likely increase in trade flows and preventing exports from being delayed by UK custom.
honor, thieves

Diversity is the key to economic and political evolution.
by Cat on Mon Aug 13th, 2018 at 10:24:22 PM EST
[ Parent ]


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