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Archive for 2. August 2019

Boris Johnson’s threat of a no-deal Brexit will not break EU unity

Posted by hkarner - 2. August 2019

Date: 01-08-2019
Source: The Guardian by Guy Verhofstadt

The UK government should instead seek an agreement that removes the need for the backstop altogether

Attempts to put pressure on Ireland will only be met with waves of solidarity from the rest of the EU.’ Boris Johnson at Stormont House, Belfast on Wednesday.

No matter what Boris Johnson or his new Vote Leave cabinet threaten – and the expectation in Brussels is that no-deal planning will be ramped up in an attempt to intimidate other EU countries – be in no doubt: there isn’t time to limit the damage of a sudden severance from the world’s largest trading bloc this Halloween.

Unless a further extension is requested, or article 50 is revoked by 31 October, when the current extension of UK membership expires, a dramatic shock awaits the global economy, and we all stand to lose. The few who may prosper are the wealthy bankers and hedge fund managers who have already bet on chaos. Den Rest des Beitrags lesen »

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A $1 Trillion Valuation Stays Out of Reach for Apple

Posted by hkarner - 2. August 2019

Date: 01-08-2019
Source: The Wall Street Journal

Tech giant’s shares were up 4.3% midday Wednesday, but lost steam amid a marketwide swoon

Apple’s second-quarter results showed that revenue rose 1% to $53.81 billion, an improvement from back-to-back revenue declines in the previous quarters.

Apple Inc. hasn’t quite been able to rejoin the world’s most exclusive club of companies.

The tech giant’s shares were up 4.3% at about midday Wednesday after a better-than-expected earnings report. That seemed to put it on track to be worth more than $1 trillion again, based on a count of shares outstanding that the company released in May. Den Rest des Beitrags lesen »

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The Human Tide’ Review: The Power of Numbers

Posted by hkarner - 2. August 2019

Date: 01-08-2019
Source: The Wall Street Journal By Jason Willick

The growth and decline of national populations can shape world events as dramatically as ideology or economics or political leadership.

Visiting an Israeli settlement in the West Bank this year, I was struck by the residents’ confidence that the territory could soon be integrated into the Jewish state. They see the number of Jewish Israelis growing rapidly—the village was brimming with children—and Europe’s Jews flocking to Israel. There are also, one man insisted, not as many Palestinians in the West Bank as official data suggests. Before long, Israel could annex biblical Judea and Samaria, make all residents full citizens, and retain a Jewish majority.

This view is probably unrealistic, yet it reflects a harsh truth: Numbers matter in politics and have a history of unsettling the expected course of events. In “The Human Tide” Paul Morland, a research fellow at the University of London, uses a series of historical examples to argue that the most powerful force shaping the modern world has been not ideology or economics or great men but demography—the growth and decline of national populations. Den Rest des Beitrags lesen »

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