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Archive for 16. Juli 2019

Boris Johnson is about to inherit a crisis his EU-bashing helped spawn

Posted by hkarner - 16. Juli 2019

Date: 15-07-2019
Source: The Guardian by Sonia Purnell

This bizarre and troubled man’s shameless inventions about Europe two decades ago have paved his way to No 10

It was not just the persistently overcast skies – a weather pattern once dubbed the “Brabant gloom” by Roy Jenkins, a former European commission president – that made working in Brussels for the Daily Telegraph in the early 1990s a joyless experience. It was my role as deputy to Boris Johnson, then “bureau chief” in name but solo performer in practice, that ensured my first job as a foreign correspondent was a trial of endurance.

There were just the two of us in the Telegraph office, and we were working long hard hours reporting on the political and economic convulsions of the Maastricht treaty negotiations. The story itself, of negotiations that played out in meeting rooms of Brussels, was full of political intrigue and drama. And whatever happened was likely to shape Europe for years to come.

How Johnson wrote about it, though, not only alarmed me at the time but helped set in stone a pervasive anti-European narrative that never really encountered serious challenge in the UK. For shamelessly painting the European commission as an insanely grandiose and imperialist body, he was rewarded by flurries of “herograms” from our editor, Max Hastings, including one that read “we all think you’re doing a wonderful job if only you’d learn to be a little more pompous”. Johnson’s trajectory to the gates of Downing Street had begun.

Over the months and years, those inventive stories, of fishermen forced to wear hairnets or snails reclassified as fish, created a deeply rooted belief that anything out of Brussels must be either loony or the result of a sinister continental plot. His most explosive story of all, published in May 1992, claimed that Jacques Delors, then commission president, was conspiring to centralise huge powers in Brussels, in effect creating a European superstate. Den Rest des Beitrags lesen »

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Was Amerika über den Kapitalismus wissen muss

Posted by hkarner - 16. Juli 2019

Clair Brown

Clair Brown is Professor of Economics and Director of the Center for Work, Technology, and Society at the University of California, Berkeley, and the author of Buddhist Economics: An Enlightened Approach to the Dismal Science.

Simon Sällström is the research coordinator for the Sustainable Shared-Prosperity Policy Index (SSPI) at the University of California, Berkeley.

BERKELEY – Die derzeitigen Bewerber für die US-Präsidentschaftswahl 2020 machen eine Vielzahl wirtschaftspolitischer Vorschläge, die entweder als marktwirtschaftlich oder als sozialistisch beschrieben werden. Diese Etiketten sorgen in der amerikanischen Öffentlichkeit häufig für Verwirrung. Insbesondere wird der Begriff „Kapitalismus“ weithin – und fälschlicherweise – als Synonym für freie Märkte aufgefasst. Tatsächlich umfasst dieser Begriff alle wirtschaftlichen Systeme, in denen es Privateigentum gibt – von der freien Marktwirtschaft bis hin zur Sozialdemokratie.

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Manufacturers Move Supply Chains Out of China

Posted by hkarner - 16. Juli 2019

Date: 15-07-2019
Source: The Wall Street Journal

Tariff costs prompt executives to shift production to other countries; ‘Once you move, you don’t go back’

Employees look into facial-recognition devices to enter the assembly-line area at a Pegatron factory in Shanghai, part of Apple’s supply chain.

U.S. manufacturers are shifting production to countries outside of China as trade tensions between the world’s two biggest economies stretch into a second year.

Companies that make Crocs shoes, Yeti beer coolers, Roomba vacuums and GoPro cameras are producing goods in other countries to avoid U.S. tariffs of as much as 25% on some $250 billion of imports from China. Apple Inc. also is considering shifting final assembly of some of its devices out of China to avoid U.S. tariffs. Den Rest des Beitrags lesen »

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Boris Johnson and the Threat to British Soft Power

Posted by hkarner - 16. Juli 2019

Gordon Brown

Gordon Brown, former Prime Minister and Chancellor of the Exchequer of the United Kingdom, is United Nations Special Envoy for Global Education and Chair of the International Commission on Financing Global Education Opportunity. He chairs the Advisory Board of the Catalyst Foundation.

The likely successor to British Prime Minister Theresa May, Boris Johnson, has plans to subsume the government department overseeing development aid into the foreign office, effectively eliminating it. That will destroy a post-Brexit United Kingdom’s last chance to maintain any influence or relevance on the world stage.

EDINBURGH – Since the United Kingdom’s Department of International Development (DFID) was created 22 years ago, it has lifted millions out of poverty, sent millions of children to school, and saved millions of lives through vaccination programs and other innovative initiatives. Most recently, it has been a world leader in delivering development aid to poor countries facing the ravages of climate change.

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