London weather on New Year’s Eve: Chilly, but more settled

More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Friday 30 December 2016 2:29 pm “New Year’s Eve is looking cloudy and breezy, but largely dry for much of England and Wales, with the brightest weather in the east,” it added.”A band of rain, sometimes heavy, will affect the northwest and slowly move south towards central England and Wales.”Behind the rain the temperatures are expected to turn colder with some snow showers for the far north of Scotland along with strong winds. Southern England however will remain relatively mild until New Year’s Day.” whatsapp Emma Haslett RAC spokesman Rod Dennis added that drivers will face a “mix of hazards”, including ice, fog and snow. Thick fog and ice is already wreaking havoc at airports around the South East, while London’s train network is undergoing the usual festive disruption. Read more: Didn’t get tickets to London’s New Year’s Eve fireworks? Here’s where to watch for free Share It’s an annual dilemma: go out and enjoy New Year’s Eve, or cosy up at home by the fire, and pretend the past year didn’t happen?The good news for wannabe revellers is that there won’t be much rain about. The bad news is, fog and ice are likely to linger – although the brightest of the weather is likely to be in the east of the country, the Met Office has said. London weather on New Year’s Eve: Chilly, but more settled whatsapp read more

Jean-Claude Juncker unveils five options for EU after divorce from UK, including suggesting the bloc might scale back to just the Single Market

Wednesday 1 March 2017 5:48 pm Share Other possible paths for the remaining 27 member states proposed by the paper, which ponders how the EU will look in a decade’s time, are; keeping the status quo and carrying on as usual, the member states who want to do together doing so while those who don’t carry on as they currently are, the member states focusing on doing less but more efficiently and the member states focusing on doing more together. “It is the start of the process, not the end, and I hope that now an honest and wide-ranging debate will take place,” Juncker said. “The form will then follow the function. We have Europe’s future in our own hands.” Jean-Claude Juncker unveils five options for EU after divorce from UK, including suggesting the bloc might scale back to just the Single Market Jean-Claude Juncker has today suggested the EU might have scale back until it is essentially just the Single Market by 2025, as member states increasingly fail to find common ground on important policy issues.The suggestion was one of five possible scenarios put forward by the European Commission president for the future of the EU, published as the UK prepares to file its Brexit divorce papers and as the Union looks forward to celebrating its 60th anniversary.  Hayley Kirton The five scenarios are listed in a white paper which forms the European Commission’s contribution to the upcoming Rome Summit, which takes place later this month. Read more: Europe must reinvent itself or markets will tear it apartIf the EU were to shrink down to purely the Single Market, the research suggests citizens of member states might see rights they presently have guaranteed by the EU stripped back while cross-border issues would be become more difficult to address.On the plus side, such as scenario could make the EU decision-making process much simpler to understand. Read more: Brexit vacuum must be avoided, warns new report More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp whatsapp read more

Councils will be offered £2bn to help fight off a crisis in the UK’s social care provision

Wednesday 8 March 2017 8:02 pm Councils will be offered £2bn to help fight off a crisis in the UK’s social care provision Share Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourNFL nixes Pittsburgh Steelers’ training camp plan; team to train inSportsnautThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourTips & Tricks for Styling Thin HairVegamour Local authorities will be offered up to £2bn over the next three years to help meet the cost of social care.The funding was announced by chancellor Philip Hammond earlier today with £1bn of cash set to arrive in 2017-18. Mark Sands whatsapp Local Government Association chairman Lord Porter welcomed the announcement, saying the funding represented “a significant step towards protecting the services caring for the most vulnerable in our communities over the next few years”.Read More: Was the Budget bad news for entrepreneurs?In addition, Hammond said the Treasury will launch a consultation on plans to help fund social care later this year.Former Prime Minister David Cameron had planned to install a cap on the cost of long-term care from April 2016, limiting total bills to £72,000.However the plan, which had been a manifesto commitment during the general election, was dropped in July 2015 with ministers promising to review the implementation in 2020.A revival of the cap has been reported as one plan under consideration by the Treasury, with alternatives including allowing the elderly to withdraw money from pensions for long term care and tax free Isa-style schemes focused on later life needs. whatsapp read more

Chequers: Here’s what the UK’s Brexit position is on customs, goods, ECJ, standards and the Irish border

Friday 6 July 2018 9:00 pm Whether it was the threat from the ERG, the Prime Minister’s concern of a knock-on on the nextGeneral Election or an acknowledgement it would be unlikely to fly with the EU, transition will continue to run from March 2019 until December 2020.Trade in goodsThe government is proposing a “free trade area for goods” which has the benefit of avoiding friction at the Irish border.This would be based on “a common rulebook for all goods including agri-food, with the UK making an upfront choice to commit by treaty to ongoing harmonisation with EU rules”. However it would only cover “those necessary to provide for frictionless trade at the border”.The UK wants to retain the right to diverge from EU rules “recognising that this would have consequences”.ServicesServices would not be covered by this arrangement, under the UK’s proposals. whatsapp Share whatsapp Chequers: Here’s what the UK’s Brexit position is on customs, goods, ECJ, standards and the Irish border The government is planning to strike a separate deal with “regulatory flexibility” where required. But the proposal admits this means “the UK and the EU will not have current levels of access to each other’s markets”.StandardsUnder the current proposals, the UK will commit to putting together a common rulebook on state aid, and establish “cooperative arrangements between regulators on competition”. The two sides would also agree to maintain high regulatory standards for the environment, climate change, social and employment, and consumer rights.The ECJLaw will be interpreted by respective courts with “due regard paid to EU case law in areas where the UK continued to apply a common rulebook”.The proposal once again pushes the concept of a joint committee and binding independent arbitration, which would accommodate the role of the Court of Justice of the European Union as the interpreter of EU rules. However, the proposal insists “the court of one party cannot resolve disputes between the two”.CustomsGone is max fac, gone is the new customs partnership (NCP) – at least in name. In their place is the facilitated customs arrangement or FCA, which the government argues would “remove the need for customs checks and controls between the UK and the EU as if a combined customs territory”. The new system mimics the NCP in that the UK would collect tariffs on behalf of the EU and “enable the UK to control its own tariffs for trade with the rest of the world”. It claims that businesses would pay “the right or no tariff – in the vast majority of cases upfront, and otherwise through a repayment mechanism”.The Irish borderThrough these various proposals, the government believes there would be no need for a hard border in Ireland, and that there will be no need for the backstop to be deployed. However, the proposals should also pave the way for the backstop to be agreed, the government says.No dealCabinet spent a good couple of hours discussing preparations for a no deal today. However there is little detail of what exactly those plans are. All the proposal says is that it is “responsible to continue preparations for a range of potential outcomes, including the possibility of ‘no deal’.”Given the short period remaining before the necessary conclusion of negotiations this autumn, we agreed preparations should be stepped up,” it adds. The UK government has finally agreed a position on Brexit – but who blinked, and will the EU go for it?Here are the crucial elements of today’s big step forward.The transition period will remain the same Catherine Neilan read more

Barclays economists predict orderly Brexit and boost to UK stock markets

first_img Barclays economists predict orderly Brexit and boost to UK stock markets Wednesday 7 November 2018 5:46 pm “More generally, we believe that the broader pan-European equity market would benefit from a deal, even though political uncertainty remains elsewhere, particularly in Italy. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Callum Keown by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LovePaws ZillaLily From The AT&T Ads Is Causing A Stir For One ReasonPaws ZillaMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.com An orderly Brexit is on the cards and could ultimately make UK stocks “more investable” to global investors, Barclays analysts have predicted.The bank’s European equity strategy division has predicted a Brexit deal will be agreed by the end of the year accompanied by a rebound in the pound. Sharecenter_img Its analysts said housebuilders, financial service companies and retailers were in line to benefit the most from a smooth Brexit.Domestic-exposed stocks such as Lloyds Banking Group, Berkeley, Sainsbury, Rightmove and RBS were all set to benefit from the predicted orderly Brexit it said.Barclays downplayed the likelihood of a no deal but said economic disruption would be avoided by an implementation period in the event of one.Its no deal scenario still expected “some pain” with inflation jumping 3.5 per cent, growth falling close to zero and unemployment rising to six per cent.But they maintained a “crash out” scenario was unlikely. “The avoidance of a ‘crash-out’ scenario is likely to come as a relief to investors,” they said. whatsapp Tags: Trading Archive whatsapp But it said the relative performance of the internationally-exposed FTSE 100 would not gain much given its inverse correlation to the pound.Emmanuel Cau, Head of European Equity Strategy, said: “The pound and UK domestic equity exposure have rolled over in tandem over the last few months, and we see a potential for a rally as shorts are being covered.“A soft and orderly Brexit could contribute to making both UK and European equities more ‘investable’ to global investors, as both regions are consensus underweight.”An “internal rotation” would occur within the UK equity market away from exporters and into domestic plays, the bank’s analysts added.They said the despite the “noise” regarding an apparent lack of progress, Barclays’ base case remained that an agreement would be completed later this month or in December.last_img read more

RBS cuts bonus pool to £335m after posting successive annual profits

first_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com whatsapp Share whatsapp Tags: Trading Archive Payouts will be confirmed next Friday along with the lender’s full-year results, both of which will be disclosed to the City, according to Sky News.It will mark the tenth year in a row that the bonus amount has been reduced following the anger that followed its £45.5bn bailout through the use of taxpayer money.Senior staff at RBS’s investment bank, now named NatWest Markets, are unhappy with the bonus awards for 2018, Sky News understands.There is expected to be a big improvement in year-on-year operating profit and attributable profit now RBS has fewer legacy impairment and litigation charges.The bonus pool will be slightly less than the £342m last year despite improve financial performance, and still considerably less than the £1.3bn handed out in 2009. RBS shares closed Friday’s session at 239.1p, meaning the bank has a current market value of £28.8bn.Earlier this week RBS investors approved a directed buyback programme that would allow the bank to use surplus capital to acquire up to £1.5bn of the government’s shares.RBS decined to comment on the size of its bonus ahead of next week. center_img Royal Bank of Scotland (RBS) will hand out a £335m bonus to its staff next week with it set to announce its second successive annual profit since becoming state-owned.The RBS board and UK Government Investments (UKGI) have agreed on the bonus amount. UKGI manages the public’s 62.4 per cent stake in the bank. Saturday 9 February 2019 1:48 pm Michael Searles RBS cuts bonus pool to £335m after posting successive annual profits last_img read more

The Dragon Awards are on the hunt for London’s most responsible businesses

first_img Share Opinion whatsapp The Dragon Awards are on the hunt for London’s most responsible businesses In an uncertain time for business and society, it is encouraging to know that so many London-based firms remain dedicated to going the extra mile for their local communities.Businesses are increasingly doing more to benefit society and have the greatest possible impact through their working practices. Monday 18 February 2019 8:15 am City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com For business, it’s a win-win. Previous Dragon Award winners have landed new contracts, improved internal relationships and PR, and developed stronger reputations as a result of taking part in the scheme.Over the last three decades, the Dragon Awards have demonstrated that firms in the UK and in London in particular are engaged in world-class responsible business.But I know that we can go even further. By showcasing these role-model firms, we seek to inspire others to raise their game.I am calling on businesses to come forward and show us what they are doing to benefit society.Whether your organisation is leading community volunteering schemes or helping social enterprises to expand and flourish, we want to hear from you. Peter Estlin I want to recognise and celebrate the good work of organisations that bring these skills to younger or less represented groups. Such firms are playing a leading role in providing routes into digital employment and developing the skills which are transforming their businesses.It is now more important than ever that we bring communities together to build, develop and nurture the pipeline of innovative talent equipped with the skills fit for the future.And as we focus on developing talent, we must ensure that everyone is included in our digital journey.This kind of technological transformation offers us an opportunity to address inclusion, widen social mobility, and create new opportunities for everyone. We must grab this potential with both hands.Businesses have a fundamentally important role to play in society, through job creation, tax contributions, and the provision of services, but also through operating in the interests of their employees, customers, and the wider public. I regularly meet companies that are championing responsible recruitment and ethical procurement, as well as boosting their charitable giving and workforce diversity.And today, the 2019 Lord Mayor’s Dragon Awards – London’s premier “responsible business” gongs which celebrates firms like these – open for applications.We want to hear from businesses of all sizes and sectors about how they improve people’s lives and contribute towards a thriving society.Over the last 32 years, Dragon Award applicants have reached over 11m people, mobilised 200,000 volunteers, and provided around a quarter of a billion pounds in donations and in-kind support.For the first time, this year we have introduced a special Lord Mayor’s Award for Digital Leadership, which reflects my mayoral campaign: Shaping Tomorrow’s City Today. This award celebrates businesses investing in the UK’s digital future by nurturing and developing the skills that are crucial for both competitiveness and a digitally inclusive society. Tags: Social mobility Tax whatsapplast_img read more

To buy to not to buy? The pitfalls of online shopping when at work

first_imgTuesday 5 March 2019 11:34 am Fantasies can be healthy; hell, I’m still maintaining mine of writing for a living. But to realise them, you need cold hard cash.You’ll never get to feel the embrace of the cashmere sweater unless you own it. It’s better to get on and work for it than waste away staring at it on a screen. Tags: Amazon The latter is born of indolence and a lack of inspiration, mindless scrolling without ever really registering. The former, though, can either be positive or very destructive.You can home in with laser-guided efficiency on the thing you want, and you’re then faced with a choice: to buy, or not to buy.Buying is empowering, and leaves you poorer but satisfied. To not buy, though, induces a Gollum-esque mania, drawn to the siren call of the precious beyond your clutches.I’m as guilty as you – without fail, every season there will be one Oliver Spencer suit that I can’t afford on a journalist’s salary, but that I desire so deeply I can’t bare to be without it.I’ll keep its tab open on my laptop for weeks, possibly even months at a time, refusing to let it out of my sight until the mad dash when the Share What did we do before internet shopping at in the office? Surely not actual work?It makes no sense: productivity is up, yet more of our time is wasted online. And there are few online displacement activities as vacuous, yet as compelling. We know we shouldn’t, that our line manager can see us, and yet we do it anyway.Men now spend more time ogling Mr Porter than they do their wives, and certainly seem to engage with him on a deeper level.How many wasted work hours has Cos caused? Zara has much to answer for, giving us both snazzy clothes and its nation’s work ethic. Just think how much of her youth the average PR now spends on Yoox?There are two modes of online shopping: the active and the passive. To buy to not to buy? The pitfalls of online shopping when at work Benedict SpenceBenedict Spence is a freelance writer. He is on Twitter @BenedictSpence center_img A furtive glance to the side, to gauge your neighbour’s gaze. A quick dart over the shoulder, perhaps a slight bob upwards in the chair above the rim of the screen, to check if the coast is clear.And then, the adrenaline building, comes the lightning-quick rattle of the keyboard, the double click and, yes, there you are again, the entirety of Max Mara’s wares stretching out in a great mirage of pixels and colour before of you, your dopamine sensors sighing contentedly. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoRaid Shadow LegendsDon’t play this game if you are under 40 years oldRaid Shadow LegendsUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunUndoLady GreatMaggie Wheeler Had To Live Like This Before ‘Friends’ HappenedLady GreatUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndo whatsapp sales come.I become increasingly possessive over Stone Island sweaters which I’ll never get to touch. And I will look on, spitefully, at the beautiful ties at Drake’s that other bloody people, I just know, are going to get before me.Books are even worse. I have over a thousand, I get anxious about not having read certain books, despite not owning them yet; I just gaze sadly at my Amazon wishlist, ignoring the pile beside my desk.Window shopping online is escapism from our jobs and our lives.We see beautiful things, photographed and photoshopped, and they sear into our retinas. We imagine what it would be like to have these items, to be the person laughing, pouting, or reclining in the dress, the shirt, or the shoes. whatsapplast_img read more

There are plenty of reasons for investors to be optimistic about China

first_imgWednesday 6 March 2019 4:33 pm There are plenty of reasons for investors to be optimistic about China Since the election of Donald Trump, one story has dominated global markets news: the trade war between China and the US.As negotiations reached a critical phase last month, markets fluctuated as setbacks led to breakthroughs, only for talks to stall again. whatsapp But while investors are right to worry about currents of protectionism in the world’s two largest economies, they would do well to remain focused on the bigger picture.Those who do will notice that, despite the worrying headlines, there are many reasons to be optimistic about China’s economic prospects.The first reason is politics. As China and America’s aggressive trade stance filters through to the population of each country, the pressure to reach agreement will increase.For Donald Trump, who faces poor approval ratings and relies on a loyal rump of support to keep impeachment at bay, it is imperative that the economy remains strong.It is also important that his agricultural base – much of which relies on Chinese exports – doesn’t suffer too much at the hands of his trade policies. The value of Chinese equities has been driven down by negative headlines. But long-term investors looking beyond the news cycle will be rewarded with promising investment opportunities in a number of Chinese sectors. Beyond China’s expanding service economy, investment opportunities are likely to arise from ambitious infrastructure projects.The government’s Belt and Road initiative, for example, which aims to improve China’s connectivity to Africa and Europe by creating a twenty-first century Silk Road, is likely to create investment opportunities in commodities.And when the initiative is complete, the benefits from an easing of trade will boost the Chinese economy for years to come.The most important trend, however, is the country’s evolution from a manufacturing, export-based economy to a service-based one. And while this means slower growth in the long-term, it also means lower volatility.As such it will remain an attractive investment prospect, even if for a different kind of investor.The current trade imbroglio is a bump in China’s inevitable transition from an emerging to a developed economy.Though undoubtedly painful, it doesn’t warrant losing faith in the fundamental strength of the world’s second biggest economy. Share The current trade imbroglio is a bump in China’s inevitable transition from an emerging to a developed economy Alex Neilson Tags: Chinese economy Donald Trump People Tax Opinion More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoPost FunRare Photos Show Us Who Meghan Markle Really IsPost FunUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoMagellan TimesIf You See A Red Ball On A Power Line, Here’s What It MeansMagellan TimesUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndo These opportunities are arising as the fundamental nature of China’s economy changes; the most populous country in the world is no longer reliant on exports to drive rapid growth.Exports to the US today account for less than two per cent of its total GDP, down from nearly 10 per cent a decade ago.In the last six years, domestic consumption has increased to 80 per cent from 50 per cent as a contributor to Chinese GDP growth.Where negative sentiment resulting from trade wars has driven down valuations of domestic-services companies, there are now fantastic opportunities to buy quality stock at a discount.Travel, education, e-commerce, leisure – all these sectors should benefit as China transitions from an emerging market to a developed economy. Given a trade deal of some kind is in the interest of both parties, it is more likely than not that one will be achieved. And given the low valuation of Chinese shares, any progress in trade talks should result see a significant relief rally.Also, there are some unexpected implications of the trade war that could have a beneficial impact over the longer term.Though challenging for the Chinese government, trade wars have pushed it to coordinate monetary and fiscal policy more than ever before. The proactive stance, as evidenced by recent tax cuts for companies impacted by tariffs, bodes well for investors hoping for future pro-growth policies from the Chinese government.last_img read more

Volkswagen boss apologises for ‘unfortunate’ Nazi gaffe, after evoking Holocaust slogan at company event

first_img whatsapp Volkswagen boss apologises for ‘unfortunate’ Nazi gaffe, after evoking Holocaust slogan at company event Alex Daniel Literally translating as “people’s car”, the company went on to become a tool for Hitler’s military campaign across Europe in the second world war, manufacturing vehicles for the Third Reich. The company infamously used more than 15,000 slave labourers from concentration camps.Diess acknowledged Volkswagen’s “special responsibility in connection with the Third Reich”.The phrase was also used at the Dachau concentration camp, and became associated with the Nazis’ cover-up of what the facilities were really used for.Volkswagen announced annual profits of £10bn earlier this week, despite being hit hard in late 2018 by new EU emissions regulations.Read more: Volkswagen suffers blow over dieselgate defence strategy Thursday 14 March 2019 2:18 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets DetectiveHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.Elvenar Read more: IBM’s Watson supercomputer launches tie-up with Volkswagen’s SEATBut Diess’ line also evokes the Nazi idiom “Arbeit Macht Frei”, German for “work sets you free”, which was written above the entrance to Auschwitz concentration camp.The German chief executive hurried out an apology for what he called “an unfortunate choice of words”.“At no time was it my intention for this statement to be placed in a false context. At the time, I simply did not think of this possibility,” he said.Volkswagen was founded as part of Nazi leader Adolf Hitler’s grand plan to make it possible for German families to own a car in 1937, when this was still unaffordable for many. Volkswagen’s chief executive has apologised after closely echoing a Nazi slogan in an attempt to emphasise the importance of growing profit.Speaking at a company event on Tuesday, Herbert Diess used to phrase “Ebit macht frei”, referring to the acronym Ebit, which stands for “earnings before interest and taxes”. Tags: Volkswagen Share Christian Stadler, professor of strategic management at Warwick Business School, said: “This is more negative publicity that Volkswagen can do without, especially in a climate that is so challenging and competitive for car manufacturers.”A number of scandals including one around diesel emissions and widespread product recalls in recent years could have hurt the manufacturer’s credentials, he added. “VW has built its reputation on quality. The negative publicity could start to harm that.” last_img read more