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Archive for 11. September 2018

Has Austria Found the Answer to Right-Wing Populism?

Posted by hkarner - 11. September 2018

At last, a fair and intelligent article about Austria’s (successful) dilemma! And that in such a precious media! (hfk)

Date: 11-09-2018

Source: Foreign Policy By Franz-Stefan Gady

Why Center-Right Parties Are the Establishment’s Best Bet

The specter of populism continues to haunt Europe. The so-called European establishment has yet to find a meaningful response to counter those on the far left and far right who claim that they, and only they, represent the true will of the people. The latest manifestation of this trend occurred last weekend when a populist far-right anti-immigration party with roots in neo-Nazism had its best-ever showing in Sweden’s general elections. Social democratic parties in particular are in a state of deep crisis—center-left parties are currently part of only six EU governments out of the 28 member states—and have found it difficult to rally voters around their traditional agenda of social justice and redistributive economic policies. As these ideas are taken for granted by the majority of the European public, social democratic parties simply seem to be no longer benefiting from them at the polls.

Consequently, any check on populist parties for the time being needs to come from the center-right. Austrian Chancellor Sebastian Kurz’s Austrian People’s Party (ÖVP), currently the senior partner in a coalition government with the populist right-wing Freedom Party (FPÖ), has offered such a check, both at the polls and in government. Although it has come with a price—the ÖVP has moved to the right with its politics—a government headed by a center-right party is infinitely preferable to a government headed by the extreme populist right in the current political climate. Examining the case of the ÖVP may therefore offer some insights into strategies to tame populist forces in Europe.


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The 5G Race: China and U.S. Battle to Control World’s Fastest Wireless Internet

Posted by hkarner - 11. September 2018

Date: 10-09-2018
Source: The Wall Street Journal

At stake are billions of dollars in royalties, a head start in developing new technologies and national security

5G networks are expected to be as much as 100 times faster than current networks.

The early waves of mobile communications were largely driven by American and European companies. As the next era of 5G approaches, promising to again transform the way people use the internet, a battle is on to determine whether the U.S. or China will dominate.

Equipment makers and telecom operators in both countries are rushing to test and roll out the next generation of wireless networks, which will be as much as 100 times faster than the current 4G standard. Governments are involved as well—with China making the bigger push.

The new networks are expected to enable the steering of driverless cars and doctors to perform complex surgeries remotely. They could power connected appliances in the so-called Internet of Things, and virtual and augmented reality. Towers would beam high-speed internet to devices, reducing reliance on cables and Wi-Fi. Den Rest des Beitrags lesen »

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Posted by hkarner - 11. September 2018

Date: 10-09-2018
Source: The Economist
Subject: The anti-immigrant Sweden Democrats fail to achieve an electoral breakthrough

Their vote rose at the election on September 9th, but far less than they hoped

VOTERS have a funny habit of wrecking pundits’ storylines. The election on September 9th in Sweden was supposed to be a rebuke of the country’s generous refugee policies during the migrant crisis of 2015, and yet another signal that European populism is on the rise. The anti-immigrant Sweden Democrats were to become the country’s biggest or second-biggest party. The governing Social Democrats would fall victim to the malaise that afflicts centre-left parties around the world. And the Moderates and their bloc of centre-right parties, the Alliance, were expected to win a solid enough plurality to unseat Prime Minister Stefan Lofven and form the next government.

Instead, the Social Democrats won, or at least did not lose. Polls had shown them with as little as 23% of the vote, but they ended up with 28.4%, just 2.8 percentage points less than four years earlier and still the largest party by far. The Moderates’ 19.8% was also better than most recent polls, but still 3.5 percentage points less than in 2014, not a resounding mandate for their leader, Ulf Kristersson. The Sweden Democrats went from 12.9% to 17.6%—a hefty increase, but not enough for them to become the second-largest party, as they had hoped. The result fell well short of predictions; some pollsters had put them in the low twenties, and one or two had even suggested that they would end up as the largest party. A high turnout, partly driven by fears of just such a breakthrough, may have helped hold their share down. Den Rest des Beitrags lesen »

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The automation imperative

Posted by hkarner - 11. September 2018

Organizations in every region and industry are automating at least some business processes, yet only a slight majority have succeeded at meeting their targets, according to a new McKinsey Global Survey on the topic.1 As advances in artificial intelligence, software robotics, machine learning, and innovative technology platforms enable businesses to redefine processes, workplace automation is expected to provide a significant opportunity for improvements in performance and efficiency.2 Indeed, three-quarters of all respondents say their companies have already begun to automate business processes or plan to do so within the next year. The results also suggest which practices best support a successful automation effort: making automation a strategic priority, deploying technologies systematically, decentralizing governance, ensuring the IT function’s involvement, internalizing automation’s costs and benefits, and prioritizing workforce management.

Automation, a global phenomenon

Across regions and industries, the survey results suggest that automating businesses is a global phenomenon (Exhibit 1). A majority of all respondents (57 percent) say their organizations are at least piloting the automation of processes in one or more business units or functions. Another 38 percent say their organizations have not begun to automate business processes, but nearly half of them say their organizations plan to do so within the next year.3 Across regions, respondents in developing markets are just as likely as their peers to report automation activity. Den Rest des Beitrags lesen »

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Gelbe Post findet Bankpartner in Deutschland

Posted by hkarner - 11. September 2018

Luise Ungerboeck, 10. September 2018, 17:53 derstandard.at

Nach langer Suche wechselt die Post ihren Bankpartner nach 20 Jahren mit der Bawag-PSK. Bis 2020 wird die deutsche Fintech Group in Postämter einziehen

Wien – Gutscheine für Krypto-Wärungen wie Bitcoin verkauft die Post bereits. Das Angebot an digitalen Produkten könnte künftig größer werden. Denn die Post hat nach langer Sondierung doch noch einen Finanzdienstleister gefunden, dessen Produkte an Stelle von Spar- und Girokonten, Krediten, Zahlungsdiensten und Lebensversicherungen aus dem Hause Bawag-PSK in Postämtern vertrieben werden. Am Montag kam der Aufsichtsrat außertourlich zusammen, um die Partnerschaft mit der deutschen Fintech Group ab 2020 auf den Weg zu bringen, erfuhr der STANDARD aus Aufsichtsratskreisen. Die FinTech Group AG ist ein an der Börse notierter Anbieter von Finanztechnologien. Das Unternehmen in Frankfurt am Main wurde 1999 gegründet und unterhält weitere Standorte in Berlin, Düsseldorf, Kulmbach, Willich, Andernach und Zwickau. Das Tochterunternehmen Flatex GmbH betreut im deutschen Online-Brokerage-Markt rund 170.000 Privatkunden im In- und Ausland. Dass sich die teilstaatliche Post einen ausländischer Finanzdienstleister angeln werde, war abzusehen, hatten potenzielle inländische Geldinstitute doch abgewunken. Das habe zwar den Nachteil einer überschaubaren Bekanntheit in Österreich, allerdings den Vorteil, dass die leidige Diskussion über Filialschließungen hintangehalten wird. Eine Kooperation mit einem heimischen Geldhaus hatte Post-General Georg Pölzl bereits als eher unwahrscheinlich ausgeschlossen, Österreich sei schließlich „overbanked“. Den Rest des Beitrags lesen »

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