Föhrenbergkreis Finanzwirtschaft

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Archive for 25. März 2016

Start der Bank für Gemeinwohl zieht sich

Posted by hkarner - 25. März 2016

Wie lang lässt sich die Öffentlichkeit  (und eine Menge von realitätsverweigernden „Gutmenschen“) noch pflanzen? Die Bank sollte es schon seit 2012 geben, wird ununterbrochen verschoben. Jetzt ist gar keine Rede mehr von einer Vollbank, und die Kontoeröffnungen erst in einem Jahr (lt. einem viel besseren Interview mit Zimmerl im Falter 9/16). Und die besonders gelungenen Vorstandsbesetzungen bisher werden nun mit Zimmerl, einem „Novomatic“ Aussteiger, besonders glaubhaft! Und mit der Heiligsprechung von Christian Felber wird es nun auch nichts mehr! (hfk)

25. März 2016, 10:05, derstandard.at

Sechs Millionen sind für die Banklizenz notwendig, doch mit 2,3 Millionen ist das Ziel noch recht weit entfernt

Wien – Der Start der genossenschaftlichen „Bank für Gemeinwohl“ verzögert sich. Bisher sind erst 2,3 Mio. der erforderlichen 6 Mio. Euro für das Ansuchen um eine Banklizenz eingesammelt worden. Als Zwischenschritt könnte nun ein „Zahlungsinstitut für Girokonten in der ersten Hälfte 2017 kommen„, kündigte der neue Gemeinwohlbank-Vorstand Peter Zimmerl im Gespräch mit dem „Kurier“ (Freitagausgabe) an. Bisher haben sich 3.296 Genossenschafter an der geplanten Bank beteiligt. Die seit fünf Jahren in Planung befindliche Ethik-Bank wollte eigentlich im Frühjahr 2016 den Banklizenzierungsprozess bei der Finanzmarktaufsicht (FMA) beginnen. Den Rest des Beitrags lesen »

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Weitere Volksbanken ziehen Fusion durch

Posted by hkarner - 25. März 2016

25. März 2016, 16:36 derstandard.at

Vöcklabruck-Gmunden und Eferding-Grieskirchen gehen in Volksbank Oberösterreich AG auf

Wien/Wels – In Oberösterreich haben einige weitere Volksbanken ihre Fusionen auf Schiene gebracht. So haben die Volksbank Vöcklabruck-Gmunden sowie die Volksbank Eferding-Grieskirchen beschlossen, ihre Bankbetriebe mit der Volksbank Oberösterreich AG (Wels) zu fusionieren. Die Sitzungen in den Gremien, in denen die jeweiligen Verschmelzungsbeschlüsse gefasst wurden, haben schon stattgefunden, heißt es in einer amtlichen Veröffentlichung der drei Institute am Freitag. Den Rest des Beitrags lesen »

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Fast-Tracking Climate Action

Posted by hkarner - 25. März 2016

Photo of Achim Steiner

Achim Steiner

Achim Steiner is United Nations Under-Secretary-General and Executive Director of the UN Environment Programme (UNEP).

Photo of Christiana Figueres

Christiana Figueres

Christiana Figueres is Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC).

MAR 24, 2016, Project Syndicate

BONN – Last December in Paris, world leaders came together to agree on a set of goals and pathways for decarbonizing the global economy and increasing our capacity to adapt to climate change. It was a landmark achievement, but it was just the beginning. Every country – with the support of cities, the private sector, and citizens – must now move swiftly to fulfill its promises and bring climate change under control.

The need for urgent, concerted action cannot be emphasized enough. Any delay will cause negative consequences to continue to accumulate. This will not only cause tremendous suffering, especially to the world’s most vulnerable people; it will reverberate for decades to come, making the key goal of keeping the increase in global temperature below 2º Celsius (relative to pre-industrial levels) increasingly costly. Den Rest des Beitrags lesen »

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HOW BELGIUM’S BUMBLING BUREAUCRATS BOOSTED EUROPE’S TERROR THREAT

Posted by hkarner - 25. März 2016

Date: 25-03-2016
Source: NEWSWEEK

Michel CCBelgian Prime Minister Charles Michel attends a ceremony outside of the terminal at Brussels International airport following bomb attacks in Brussels metro and Belgium’s airport of Zaventem, Belgium, on March 23.

As the world sends its sympathy to the victims of the recent terror attacks in Brussels, the most fervent prayer to be uttered for Belgium itself is that it finally wakes up. The incompetent Belgian government, its bureaucratic law enforcement agencies and its half-hearted intelligence services deserve as much blame for the slaughter as the murderers.

For more than a decade, the bumblers in Belgium have stood by as terrorist hotbeds emerged in their midst. Speaking to Newsweek on condition of anonymity, frustrated intelligence officers in other European countries slammed the Belgians, saying that they have failed to do the basic legwork to detect terrorist cells in neighborhoods around Brussels, with their efforts instead focused on groups that all but announce themselves, such as Sharia4Belgium, whose leaders were prosecuted last year. Belgian law enforcement has few contacts or informants in the areas around Brussels where terrorists live. Only in the last few months has Belgium started pumping greater funding to intelligence efforts and to recruiting more personnel.

Belgium’s lackadaisical approach to Islamic terrorist cells has placed much of the continent in danger, which is why government officials from the European Union and the United States have been quietly pressing its leaders to shape up, intelligence officials say. The terrorists who have set up shop in Brussels are only a short drive from Paris, Strasbourg, Amsterdam, Cologne, Frankfurt and Berlin. Few in the intelligence community were surprised to discover that the November terrorist attacks in Paris were organized in Belgium, led by a Belgian named Abdelhamid Abaaoud, and included a suicide bomber and shooter from Belgium. That attack was the deadliest in the European Union since the 2004 Madrid train bombings, whose perpetrators included Belgians in a terrorist cell that was part of the Groupe Islamique Marocain Combattant. Den Rest des Beitrags lesen »

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The Success of Greek Structural Reforms

Posted by hkarner - 25. März 2016

Photo of Dimitris Papadimoulis

Dimitris Papadimoulis

Dimitris Papadimoulis is Vice President of the European Parliament, MEP, and Head of the Syriza Delegation.

MAR 23, 2016, Project Syndicate

ATHENS – Since July 2015, when the Greek government and its European counterparts agreed to a new bailout deal, my country has made immense efforts to implement structural reforms under tight deadlines. And while the reforms have at times been controversial – they touch on some of the most sensitive areas of the economy – they have also been successful. In the face of fierce domestic political opposition and an entrenched culture of mismanagement and corruption, the government is bringing about all the reforms asked of it.

The measures called for by the bailout program were adopted within a very short period of time; indeed, many of them were part of previous agreements, but had never been implemented. The areas that were addressed include the financial sector, health care, pensions, the judicial system, and the tax regime. Other reforms are expected to improve the performance and effectiveness of the civil service and boost economic competitiveness. Den Rest des Beitrags lesen »

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The Hidden Purpose of ISIL: A New King of Libya

Posted by hkarner - 25. März 2016

Dank an H.F.!

23.03.2016 Author: Phil Butler, Neo

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A few weeks back NEO ran an article that revealed the doublespeak of western conflict resolution. A telling look at an NGO known as the International Crisis Group showed clearly the tangled web of control mechanisms in place to skew policy and to mislead the public. Today the “crisis” has migrated once again, from Syria back to a the chaos exerted onto the people of Libya, and a new “king building process” there. Here’s a candid look at western hegemony still hard at work.

When I cast Former Italian Minister of Foreign Affairs, and International Crisis Group Trustee, Emma Bonino one of the handmaidens of chaos, there was no outcry from her PR people. The reasons for this are pretty simple. First, dignitaries like Ms. Bonino must appear far too busy and important to address every criticism. Secondly, the roles of such people are now irrefutable within the real of digital media. The mountain of circumstantial and prima fascia proof disruptors like George Soros – his associates such as; Baron Malloch-Brown, Madeleine Albright, Lord Jacob Rothschild, and the artist of the Russian Afghanistan mess, Zbigniew Brzezinksi are just some of the cadre of interested parties in today’s foreign policy cataclysm. But their game is an old and well known contest for power and control. My focus this week has been more on the foot soldiers of this old-new-world-order, and their strategies to reshape nations. You’ve all been hearing about ISIL regrouping in war torn Libya, but I’ll wager few reading this understand what is really going on there. For insight into how these people work, how they practice “double speak”, this video just after Crimea began rejoining Russia sets the tone. In the clip from CNN, first Brzezinski, then Fullbright blame Putin for what was in effect perpetrated by the west. Den Rest des Beitrags lesen »

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Oil and the Gulf states: After the party

Posted by hkarner - 25. März 2016

Date: 24-03-2016
Source: The Economist

The low oil price is manageable in the short term; but the Gulf states must make big changes to face the future

Dubai ccFAST cars whizz around, malls are full of expensive luxuries and cranes dominate the skyline. But scratch the shimmering surface of the Gulf and you soon find countries hurting from the low oil price, currently around $40 a barrel. Growth is slowing and unemployment is rising. Policymakers even dare utter a three-letter “t” word until recently taboo: tax.

Oil is central to the six Gulf Co-operation Council (GCC) states, which have used the windfall of the past few years to spend lavishly. Unlike many oil exporters, such as Nigeria and Venezuela, they have high foreign-exchange reserves and low debts to cover short-term gaps. But public spending is generous and the private sector is heavily reliant on oil to boot. To be sustainable in an era of lower prices, the rulers must change the structure of their economies.

The IMF reckons the lower oil price knocked $340 billion off Arab oil-exporting states’ government revenues in 2015. This year is looking worse. Moody’s, a ratings agency, this month downgraded Bahrain and Oman and put on watch the other four GCC states: Saudi Arabia, Kuwait, the United Arab Emirates (UAE) and Qatar. “It’s the end of an era for the Gulf,” says Razan Nasser of HSBC in Dubai. “And we’re only just starting to see the effects.” Den Rest des Beitrags lesen »

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Living with technology: The data republic

Posted by hkarner - 25. März 2016

Date: 24-03-2016
Source: The Economist

To safeguard democracy, the use of data should be made as transparent as possible

“TECHNOLOGY IS NEITHER good nor bad; nor is it neutral,” said the late Melvin Kranzberg, one of the most influential historians of machinery. The same is true for the internet and the use of data in politics: it is neither a blessing, nor is it evil, yet it has an effect. But which effect? And what, if anything, needs to be done about it?

HabermasJürgen Habermas, the German philosopher who thought up the concept of the “public sphere”, has always been in two minds about the internet. Digital communication, he wrote a few years ago, has unequivocal democratic merits only in authoritarian countries, where it undermines the government’s information monopoly. Yet in liberal regimes, online media, with their millions of forums for debate on a vast range of topics, could lead to a “fragmentation of the public” and a “liquefaction of politics”, which would be harmful to democracy.

The ups and downs of the presidential campaign in America and the political turbulences elsewhere seem to support Mr Habermas’s view. Indeed, it is tempting to ask whether all this online activism is not wasted political energy that could be put to better use in other ways. Indeed, the meteoric rise of many online movements appears to explain their equally rapid demise: many never had time to build robust organisations. Den Rest des Beitrags lesen »

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