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Archive for 20. März 2017

Causa AWS: Was Sonja Hammerschmid vorgeworfen wird

Posted by hkarner - 20. März 2017

20. März 2017, 17:42 derstandard.at

Die Staatsanwaltschaft ließ Razzien in der staatlichen Förderbank AWS durchführen

Wien – Die staatliche AWS (Austria Wirtschaftsservice) hat am Freitag Besuch von Ermittlern bekommen, die sich laut Krone Unterlagen über brisante Förderfälle abholten. Politisch ist die Sache freilich noch heißer: Es geht um Zusagen, die von Bildungsministerin Sonja Hammerschmid (SPÖ) in ihrer früheren Funktion als Abteilungsleiterin der AWS getätigt wurden. Die Korruptionsstaatsanwaltschaft ermittelt deswegen wegen Verdachts der Untreue gegen Hammerschmid. Für die Ministerin, die jede Schuld von sich weist, aber nicht näher auf die Causa eingehen will, gilt die Unschuldsvermutung. Als Basis der Ermittlungen dient ein interner Prüfbericht der AWS, der schwere Verfehlungen konstatiert. Dem STANDARD liegt das Papier vor, hier die wichtigsten Informationen zur Causa: Den Rest des Beitrags lesen »

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Chef der Eurogruppe Dijsselbloem will die Troika auflösen

Posted by hkarner - 20. März 2017

Der Chef der Eurogruppe fordert, die Krisenhilfe im Euroraum auf Dauer komplett neu zu ordnen. Die bisherige Troika-Konstruktion aus IWF, EZB und EU-Kommission will Dijsselbloem beenden.

19.03.2017 FAZ.net

Der Chef der Eurogruppe und bisherige niederländische Finanzminister Jeroen Dijsselbloem will die Krisenhilfe im Euroraum auf Dauer komplett neu ordnen. „Ich hielte es für sehr sinnvoll, wenn sich der Euro-Krisenfonds ESM mittel- bis langfristig zum europäischen IWF entwickelte. Er sollte eine klar führende Rolle in künftigen Programmen erhalten“, sagte Dijsselbloem der Frankfurter Allgemeinen Zeitung. Das bedeute auch, dass die bisherige Troika-Konstruktion aus IWF, EZB und EU-Kommission längerfristig ganz aufgelöst werden sollte. „Die EZB fühlt sich in der Troika-Rolle zunehmend unwohl, und ich glaube zurecht“, sagte Dijsselbloem. Die EU-Kommission habe andere „wichtige Aufgaben“, auf die sie sich konzentrieren solle. Der ESM solle „die fachliche Expertise aufbauen, die heute nur der IWF hat“.

Für das aktuelle Griechenland-Programm will Dijsselbloem die bewährte Aufgabenverteilung beibehalten. Er erwarte weiterhin, dass der IWF ein neues Programm beschließe. Es wäre „höchst willkommen“, wenn dies bis zum Sommer geschehe. Einen schnellen Abschluss der laufenden zweiten Reformüberprüfung durch die Gläubiger-Institutionen hält Dijsselbloem für unwahrscheinlich. Die Institutionen seien voraussichtlich auch bis zum April-Treffen der Eurogruppe auf Malta noch nicht so weit. Ursprünglich war der Abschluss zum Treffen der Euro-Finanzminister an diesem Montag in Brüssel geplant. Den Rest des Beitrags lesen »

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Opinion leaders identify seven pillars for ‘better’ EU action

Posted by sschleicher - 20. März 2017

by Georgi Gotev | EURACTIV.com

Europe faces some significant challenges, but dismantling the EU is not the answer.

The 24-page document entitled The European way for a better future was presented as a contribution to the reflection on the future of the EU, and as an attempt to re-invent the link between citizens and their political leaders.

The group, in which former presidents and prime ministers are included, together with MEPs and intellectuals, was formed on 9 May 2016. At that time, as founder Guillaume Klossa said, it was becoming clear that the solutions to the problems of the Union could not come from top down.

Klossa also set up EuropaNova and is a former sherpa to the reflection group on the future of Europe, chaired by former Spanish PM Felipe González, which produced in 2010 a report which was largely ignored by decision makers.

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Austria #13 at World Happiness Report 2017

Posted by hkarner - 20. März 2017

World Happiness Report 17_3-20-17

 

The World Happiness Report
2017
, which ranks 155 countries by their happiness levels, will be released today at the United Nations at an event celebrating International Day of Happiness. The report, the fifth one to come out since 2012, continues to gain global recognition as governments, organizations and civil society increasingly use happiness indicators to inform their policy-making decisions. In addition to the rankings, this year’s report includes an analysis of happiness in the workplace and a deeper look at China and Africa.

 

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Sorry, a Robot Is Not About to Replace Your Lawyer

Posted by hkarner - 20. März 2017

Date: 20-03-2017
Source: The New York Times

James Yoon, a partner at Wilson Sonsini Goodrich & Rosati in Palo Alto, Calif., says people are willing to pay for his experience. “What clients don’t want to pay for is any routine work.”

Impressive advances in artificial intelligence technology tailored for legal work have led some lawyers to worry that their profession may be Silicon Valley’s next victim.

But recent research and even the people working on the software meant to automate legal work say the adoption of A.I. in law firms will be a slow, task-by-task process. In other words, like it or not, a robot is not about to replace your lawyer. At least, not anytime soon.

“There is this popular view that if you can automate one piece of the work, the rest of the job is toast,” said Frank Levy, a labor economist at the Massachusetts Institute of Technology. “That’s just not true, or only rarely the case.”

An artificial intelligence technique called natural language processing has proved useful in scanning and predicting what documents will be relevant to a case, for example. Yet other lawyers’ tasks, like advising clients, writing legal briefs, negotiating and appearing in court, seem beyond the reach of computerization, for a while.

“Where the technology is going to be in three to five years is the really interesting question,” said Ben Allgrove, a partner at Baker McKenzie, a firm with 4,600 lawyers. “And the honest answer is we don’t know.”
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Industry by Design?

Posted by hkarner - 20. März 2017

Photo of Christopher Smart

Christopher Smart, a senior fellow at the Mossavar-Rahmani Center for Business at Harvard University’s Kennedy School of Government, was Special Assistant to the president for International Economics, Trade and Investment (2013-15) and Deputy Assistant Secretary of Treasury for Europe and Eurasia

Industrial policies come in many shapes and sizes, but some strategies to nurture domestic firms and industries have clearly worked better than others. Understanding why may hold the key to creating the conditions for contemporary growth and development

MAR 17, 2017 Project Syndicate

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As Easy-Money Era Winds Down, Investors Bet on Growth

Posted by hkarner - 20. März 2017

Date: 19-03-2017
Source: The Wall Street Journal

Exuberant U.S. markets are in some cases offsetting central banks’ shift away from low rates

Global stock markets as a whole have rallied over the past half year.

Central banks around the world are signaling a move away from ultra-easy money, but financial markets are responding as if the low-interest-rate party isn’t stopping.

A day after the Federal Reserve raised short-term interest rates a quarter percentage point, the People’s Bank of China raised a suite of key short-term interest rates and the Bank of England signaled that an increase in rates may not be far off. Turkey also raised a lending rate, while central banks in Japan, Norway and Indonesia held rates steady.

The events marked a striking turn from the low-interest-rate policies many central banks ushered in as recently as last year to spur markets and slow-growing economies. Low rates make it cheaper for businesses and individuals to borrow, spend and invest and tend to push up the value of asset prices like stocks. Den Rest des Beitrags lesen »

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Europe’s Reverse Domino Effect

Posted by hkarner - 20. März 2017

At last a sober realistic view – instead of all the  panicking! (hfk)

Date: 19-03-2017
Source: www.foreignaffairs.com

No One Is Following Britain Out of the EU
By Pierpaolo Barbieri

Following France’s 1954 humiliation at the hands of the Viet Minh at Dien Bien Phu, U.S. President Dwight D. Eisenhower divined the phrase “domino effect” to suggest that the victory of communist guerrillas would lead to a cascade of parallel events elsewhere: “You have a row of dominos set up,” Eisenhower said. “You knock over the first one. … What will happen to the last one is the certainty that it will go over very quickly.” Ike’s idea caught on; the “domino” concept was applied to everything from the Cuban Revolution to the Prague Spring.

Most recently, the prospect of a domino effect was a staple of discussions of the British referendum on EU membership. In this case, a first-mover (the United Kingdom) would trigger the implosion of the EU by daring to exit first. It would be swiftly followed by others eager to free themselves from the shackles of transnational regulators and their world-leading single market. Den Rest des Beitrags lesen »

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