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Reuters (April 20)

2020/ 04/ 21 by jd in Global News

“Income tax was introduced in the United Kingdom in 1799 to fund the Napoleonic Wars against France. America imposed the tax in 1861 to pay for its civil war. The coronavirus pandemic is not literally a war. But it will lead to massive debts and eventually higher taxes.”

 

BBC (January 2)

2020/ 01/ 03 by jd in Global News

“France’s transport strike against pension reform has entered its 29th day, making it the longest rail workers’ strike since May 1968.” Even though a majority of the French population supports President Macron’s pension reforms, plans call for additional disruption. “Union leaders have called for a day of mass protests on 9 January. A new blockade of petrol facilities, including refineries, petrol terminals and depots, is also planned on 7 January for 96 hours until 10 January.”

 

Financial Times (August 12)

2019/ 08/ 13 by jd in Global News

“It’s the calm before the storm…. As any number of indicators now show—from weak purchasing managers’ indices in the US, Spain, Italy, France and Germany, to rising corporate bankruptcies and a spike in US lay-offs—the global downturn has already begun.”

 

WARC (May 28)

2019/ 05/ 30 by jd in Global News

“In eight major markets, including the three largest, internet advertising already takes the majority of media dollars. The $107.5 billion spent on internet ads in America made it the dominant medium for the first time last year, while the balance tipped in China and the UK during 2016.” By the end of this year, “internet is expected to account for over half [52.7%] of media spend for the first time this year” in the key markets of “Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, the UK and the US.”

 

Bloomberg (May 28)

2019/ 05/ 30 by jd in Global News

“Vietnam was one of the fastest-growing sources of American imports from Asia last quarter.” Imports to the U.S. “jumped 40.2% in the first three months of 2019 from a year earlier…. If Vietnam’s pace of growth can be sustained for a full year—which would be a major feat—it could leapfrog Italy, France, the U.K., and India in the ranks of top exporters to the U.S.”

 

EU Politico (May 27)

2019/ 05/ 28 by jd in Global News

“Phew. Turns out the bark of Europe’s far right is worse than its bite. Yes, illiberal parties did well in France and Italy, Poland, Hungary and beyond. But overall no better than expected, and in some cases worse so…. That’s good news for Europe’s democratic parties and even better news for the European Union.”

 

Bloomberg (January 25)

2019/ 01/ 27 by jd in Global News

Europe’s General Data Protection Regulation (GDPR) is “ridiculous” on many fronts, but France’s recent $57 million fine of Google suggest much worse.   If they are merely making “an example of Google,” this suggests “Europe intends to wield these rules — as it does so many others — to punish Silicon Valley giants and protect local rivals.” If on the other hand, they are planning to hit every company with crushing fines, that suggests even worse.

 

New York Times (December 6)

2018/ 12/ 08 by jd in Global News

“If Emmanuel Macron survives this crisis, something good may come out of it. He, along with French and European elites, could draw the lesson from the revolt of the Yellow Vests and find a way to govern with the people, not against them. That is, after all, what democracy is about.”

 

The Economist (November 24)

2018/ 11/ 25 by jd in Global News

“American families are increasingly hard to distinguish from European ones.” Though the economy has improved, “births continue to drop. America’s total fertility rate, which can be thought of as the number of children the average woman will bear, has fallen from 2.12 to 1.77. It is now almost exactly the same as England’s rate, and well below that of France.”

 

Time (September 26)

2018/ 09/ 28 by jd in Global News

“President Trump’s efforts to isolate Iran at the U.N. backfired.” “The fiery speeches against Iran,” instead, revealed the “divisions… between the U.S. and its closest allies.” Most “foreign nations have opted to defend the agreement” with Iran, “rather than join America’s outbursts against it.” In fact, Russia, China, Germany, Britain, and France agreed “to set up legal entity to circumvent U.S. sanctions.”

 

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