Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Archive for 1. Mai 2017

Lessons from the Anti-Globalists

Posted by hkarner - 1. Mai 2017

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The French Election and Europe’s Future

Posted by hkarner - 1. Mai 2017

 

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Theresa May Stands Defiant on Brexit Talks, Exposing Rift With EU

Posted by hkarner - 1. Mai 2017

Date: 30-04-2017
Source: The Wall Street Journal

In contrast with EU, U.K. prime minister says agreement on Britain’s exit and its future relationship with bloc must be done together

LONDON—U.K. Prime Minister Theresa May said Sunday that Britain won’t agree to pay an exit bill for leaving the European Union without also agreeing a new trade deal with the bloc, highlighting a hard-to-resolve division between the opposing camps ahead of talks on Brexit.

In an interview with the British Broadcasting Corp., Mrs. May reiterated a longstanding British position that reaching agreement over the terms of Britain’s exit and its future relationship with the EU must be done together.

The EU, which on Saturday set out its core positions on Brexit after a summit of leaders, wants a phased approach to negotiations, with Britain agreeing to settle its outstanding liabilities to the EU and other divorce issues before talks turn to trade. The EU calculates the U.K. could owe it €55 billion to €60 billion ($60 billion to $65 billion) to settle commitments made to the EU budget but not yet paid. Den Rest des Beitrags lesen »

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The Calculated Rise of France’s Emmanuel Macron

Posted by hkarner - 1. Mai 2017

An essential insider story! Very worth reading! (hfk)

Date: 29-04-2017
Source: The Wall Street Journal

French presidential candidate skipped electoral politics, instead connecting with the elite and acquiring market experience; at stake, the future of Europe

PARIS—At the height of the financial crisis, Rothschild & Cie. assigned one of its veteran bankers to groom a new hire named Emmanuel Macron.

Mr. Macron had no experience in banking. Instead, he had powerful mentors who had recommended him to Rothschild as a danseur mondain—literally, high-society dancer—who could drum up business.

“He was identified as being a very singular person with lots of contacts,” recalls Cyrille Harfouche, the veteran assigned to shepherd Mr. Macron. By the time Mr. Macron left Rothschild four years later, he had negotiated a multibillion-dollar deal and become one of its youngest-ever partners.

Mr. Macron’s banking career followed a playbook that now has upended the political order and placed the French presidency within his grasp, with a final-round election against Marine Le Pen on May 7. Mr. Macron made friends in high places who propelled him to ever-higher echelons of French society. Along the way he acquired a repertoire of skills, from piano and philosophy to acting and finance, that helped impress future mentors. Den Rest des Beitrags lesen »

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The Man Who Saved Europe the Last Time

Posted by hkarner - 1. Mai 2017

Date: 30-04-2017
Source: The Wall Street Journal By Henry A. Kissinger

Konrad Adenauer restored democracy to Germany and helped unify a devastated Continent.

The attribute of greatness is reserved for leaders from whose time onward history can be told only in terms of their achievements. I observed essential elements of Germany’s history—as a native son, as a refugee from its upheavals, as a soldier in the American army of occupation, and as a witness to its astonishing renewal.

Only a few who experienced this evolution remain. For many contemporary Germans, the Adenauer period seems like a tale from an era long transcended. To the contrary, they live in a dynamic established by Konrad Adenauer, a man whose lifespan, from 1876 to 1967, covered all but five years of the unified German national state first proclaimed in 1871.

Devastated, impoverished, partitioned, the Federal Republic came about after World War II by the merger of the American, British and French zones of occupation, containing just two-thirds of Germany’s prewar population. Five million refugees from Germany’s prewar territories needed integration; they agitated for the recovery of lost territories. The Soviet occupation zone, containing 18 million people, was turned into a communist political entity.

The Federal Republic’s advent capped a century of discontinuity. The Empire after Bismarck had felt beleaguered by the alliances surrounding it; the Weimar Republic after World War I had felt abused by an imposed peace settlement; Hitler had sought an atavistic world dominion; the Federal Republic arose amid a legacy of global resentment.

The newly elected German Parliament chose Adenauer as chancellor by a margin of just one vote on Sept. 15, 1949. Den Rest des Beitrags lesen »

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