On September 26th, the British pound lost nearly 5% of its value overnight, hitting a 37-year low. After months of continual devaluation, the pound is now worth 21% less than it was at the beginning of the year. The pound’s sharp decline has been blamed on the release of Britain’s new mini-budget, which included major tax cuts, energy price caps, and direct payments to citizens to help them cope with record levels of inflation.
“Understandably, there is a lot of anxiety regarding Meloni’s stance on Europe. She can either continue to align with Orban or take a more institutional path once in power,” said Arturo Varvelli of the European Council on Foreign Relations. “EU leaders view Meloni with great suspicion because her rhetorical insistence on Italy’s national interest is at odds with the notion of European integration,” he said.
The Democratic Unionist Party, the largest party representing the Unionist community, who want Northern Ireland to remain part of the United Kingdom, is refusing to enter the assembly because of the standoff over the part of the Brexit Agreement known as the Northern Ireland protocol. This has left Northern Ireland subject to some European Union trade regulations, to avoid the reintroduction of a hard border between the North, which is part of the UK, and the Republic of Ireland, which is part of the EU.
Emmanuel Macron took power as president of France on Sunday, vowing to restore the country's status in Europe and the world and heal divisions in society -- a nod to the bitter campaign the pro-EU centrist fought to defeat a far-right leader. The 39-year-old former investment banker, unknown to the wider public three years ago and whose May 7 election marked a meteoric rise to power, was inaugurated leader of the world's fifth-largest economy in a solemn Elysee Palace ceremony.
But while the Labour Party tears itself apart, with a challenge to its far-left leader, Jeremy Corbyn, there are some real positives to take from what happened. There is still a chance that Britain might not leave the EU. Article 50 notification, the official start of the withdrawal process, has not happened, and will not happen until the autumn at the earliest. Once it does, Britain and our European neighbors then have to come to agreements on the status of Brits abroad and Europeans in the United Kingdom, about contributions to the EU budget, and so on.
Two years ago, the German government enacted the “blue card” system for non-EU nationals who are willing to stay and live permanently in Germany to replenish its dwindling labor force. Similar to a green card in the United States, an immigrant is eligible to apply for a blue card if he or she has a confirmed job offer or a valid work contract with a sponsoring employer, holds a university degree, and earns an annual salary of at least 35,000 euros.
Unfortunately, the Kyoto emission cuts didn’t go into force until 2008; Canada, one of the world’s biggest oil producers, wouldn’t sign it; the U.S. didn’t ratify it, nor did Australia, one of the world’s top coal producers; China, India and the rest of the developing world weren’t covered by it; and its limits lasted only until 2012. The result of the treaty was that 20 percent of the growth of atmospheric carbon dioxide since people lived in caves occurred between 2000 and 2011.
The domestic employment outlook remains just as frustrating as close to six million Spaniards are unemployed, with a startling 56.1 percent youth unemployment rate. The youth unemployment rate in Spain is twice what it is in the rest of the Eurozone, and with such little prospects in their home country, most are choosing to leave. In the first few years of the Spanish crisis most of the unemployed had chosen to remain in Spain and relied on two-year redundancy packages to survive.
Warning! Your brown-bagged lunch may be illegal. “Sounds Cheesy” you might think, but the Swiss or mozzarella cheese on your sandwich may be considered contraband if the international food police are successful. The same goes for many meats, salads, teas and hundreds of other foods produced without authorization. Food inspectors around the globe are engaged in a conflict over regulations for trade. Because of varied production standards across borders, food manufacturers have struggled to develop trade agreements to satisfy the global marketplace.
The most fashionable accessory in Mexico City this winter is ... a Spaniard. As the euro crisis shakes Spain to its core, thousands of young Spanish professionals are leaving their homeland in search of employment. The result is a mass exodus of young, educated Spaniards -- a massive brain drain, the likes of which have not been seen since the end of the Spanish Civil War in 1939. Mexico, with its historic, cultural and linguistic ties to Spain, has become a leading destination for Spaniards in the Western Hemisphere.
If you were alive a few years ago, you might remember the time when GameStop was in the news and blowing up social media. If you don’t remember, don’t worry, because this movie will go over the whole thing in detail. You might be left wondering why anyone would bother making a film about something that is already well-documented, but if nothing else, this movie is a great indicator of how uncreative some writers have become.
As with any novel steeped in noir, the narrator’s voice is everything. Does Jack’s voice, as shown here sounding somewhat detached from his surroundings, persuade us of the authenticity of his story? Yes, some of the time, while at other moments he comes across as much too naïve for this crooked line of work.