(BBG) The World Will Pay for Not Dealing With Debt

(BBG) Inventive policymaking has only made the problem worse, guaranteeing that any eventual restructuring will be all the more painful. By Satyajit Das23 de dezembro de 2018, 00:00 WET Satyajit Das is a former banker, whom Bloomberg named one of the world’s 50 most influential financial figures in 2014. His latest book is “A Banquet of Consequences” … Continue reading (BBG) The World Will Pay for Not Dealing With Debt

(EUobserver) Juncker used private jets for 21 out of 43 official trips

(EUobserver) European Commission president, Jean-Claude Juncker, chartered private jets for 21 out of 43 official trips between January and November 2018, a Daily Mail analysis has found. Travel costs for a 13-strong delegation one-night trip to Tunisia amounted to €36,000 and a dinner with world leaders in Finland before the European People’s Party conference cost … Continue reading (EUobserver) Juncker used private jets for 21 out of 43 official trips

(JTA) Portugal’s only rural Jewish community seeks a seat at the table

(JTA) A view of Pelourinho Square in Belmonte, Portugal. (Filipe Rocha/Wikmedia Commons)ADVERTISEMENT BELMONTE, Portugal (JTA) — To a casual observer, the weekend routines of the Jewish community of this placid town of about 6,000 in eastern Portugal are deceptively normal. There are Shabbat services at the local synagogue on Friday night and Saturday morning, and … Continue reading (JTA) Portugal’s only rural Jewish community seeks a seat at the table

(CNBC) UK government braces for no-confidence vote after Brexit defeat — here’s how it works

(CNBC) U.K. leader Theresa May has seen her Brexit withdrawal deal with Europe rejected by the U.K. Parliament. Now her government must face a vote of no-confidence on Wednesday. If May was to lose the vote it would raise the likelihood of a General Election. David Reid | @cnbcdavyPublished 39 Mins AgoCNBC.com DANIEL LEAL-OLIVAS | AFP … Continue reading (CNBC) UK government braces for no-confidence vote after Brexit defeat — here’s how it works

(CNBC) China just injected a record amount of money to stimulate its economy

(CNBC) On Wednesday, the Chinese central bank injected a net 560 billion yuan ($83 billion) into the banking system, the highest ever recorded for a single day. “At present, it is the peak of the tax period, and the total liquidity of the banking system is declining rather quickly,” the central bank said in a … Continue reading (CNBC) China just injected a record amount of money to stimulate its economy

(MI) Eurozone Industrial Production Declines More Than Expected

(MI) (RTTNews) – Eurozone’s industrial production decreased at a faster-than-expected pace in November, preliminary data from the statistical office Eurostat showed on Monday. Industrial production decreased a seasonally adjusted 1.7 percent from October, when it edged up 0.1 percent, revised from 0.2 percent. Economists had expected a 1.5 percent slump. Production of capital goods registered … Continue reading (MI) Eurozone Industrial Production Declines More Than Expected

(DB) How Lisbon Went from Backwater to Drowning in Riches

(DB) In less than a century, Lisbon went from backwater to center of the world. Uncountable riches poured in as the city went mad with palaces, churches, and exotic animals. Barry Hatton 01.12.19 9:06 PM ET Queues are a common sight outside the midnight-blue doors of the Antiga Confeitaria de Belém, in the Lisbon riverside district … Continue reading (DB) How Lisbon Went from Backwater to Drowning in Riches

(CNN) A second mysterious repeating fast radio burst has been detected in space

(CNN) Far outside our Milky Way galaxy, something is causing repeating short bursts of radio waves to be released into space. Scientists have recorded the second repeating fast radio burst to be discovered, according to a study published Wednesday in the journal Nature.The finding was also presented at the 233rd meeting of the American Astronomical Society in … Continue reading (CNN) A second mysterious repeating fast radio burst has been detected in space

(GUA) May faces crushing Brexit defeat despite last-minute plea to MPs

(GUA) Prime minister urges MPs to give her plan a second look on eve of crunch vote on withdrawal agreement Theresa May appears to be on course for a crushing defeat in the House of Commons as Britain’s bitterly divided MPs prepare to give their verdict on her Brexit deal in the “meaningful vote” on Tuesday. … Continue reading (GUA) May faces crushing Brexit defeat despite last-minute plea to MPs

(SkyNews) Brexit amendments: How are MPs trying to shape the vote on the PM’s deal?

(SkyNews) From a second referendum, the Brexit divorce bill to the Irish border backstop – the Commons could hold a series of votes tonight. Ahead of tonight’s big House of Commons vote on Theresa May’s EU withdrawal agreement, MPs will first decide on a series of attempts to shape the Brexit process. Tabled as amendments … Continue reading (SkyNews) Brexit amendments: How are MPs trying to shape the vote on the PM’s deal?

(DML) ‘We should deliver for the British people’: Theresa May calls on rebel MPs to back her vision for Brexit in key vote TODAY… or face handing the keys of Number 10 to Jeremy Corbyn

(DML) Theresa May has made last-ditch appeals to Tory rebels to back her Brexit deal  She warned of risks to jobs and of a Labour government unless Tories unite She earlier said it would be the ‘height of recklessness’ to reject her Brexit plan Treasury Minister Mel Stride photographed with ‘no deal’ Brexit document    EU has … Continue reading (DML) ‘We should deliver for the British people’: Theresa May calls on rebel MPs to back her vision for Brexit in key vote TODAY… or face handing the keys of Number 10 to Jeremy Corbyn

(MW) Is Germany already in a ‘technical’ recession? These economists think so

(MW) Drop in German industrial production points to second straight quarter of contracting GDP for Europe’s largest economy Investors are worried that a global slowdown led by China could begin to sap U.S. growth, but it’s Europe that’s looking a little sickly at the moment. Expectations that Germany, Europe’s largest economy, could post a second … Continue reading (MW) Is Germany already in a ‘technical’ recession? These economists think so

(P-S) From Yellow Vests to the Green New Deal – Joseph Stiglitz

(P-S) The grassroots movement behind the Green New Deal offers a ray of hope to the badly battered establishment: they should embrace it, flesh it out, and make it part of the progressive agenda. We need something positive to save us from the ugly wave of populism, nativism, and proto-fascism that is sweeping the world. … Continue reading (P-S) From Yellow Vests to the Green New Deal – Joseph Stiglitz

(BBC) The European capital cobbled with Jewish gravestones

(BBC) Each year millions of visitors walk through the cobbled streets of Prague’s Old Town – without realising, most likely, that many of the stones below their feet have been looted from what was meant to be sacred ground. The BBC’s Rob Cameron only recently learned their secret. We stood, blocking the pedestrian traffic, on … Continue reading (BBC) The European capital cobbled with Jewish gravestones

Anchor Opinion (FT) Liberalism’s most brilliant enemy is back in vogue – Gideon Rachman

Anchor Opinion Disgusting but not to be ignored in order to be prepared to fight it. This revival of interest in the ideas of Carl Schmitt, “the crown jurist of the Third Reich”is certainly not a good omen in the strange World with no values we live in.  As the Medieval Catholic formula for exorcism … Continue reading Anchor Opinion (FT) Liberalism’s most brilliant enemy is back in vogue – Gideon Rachman

P.O. (FT) Juncker makes late bid to avert no-deal Brexit

In the FT:  Juncker makes late bid to avert no-deal Brexit European president works with May to prevent ‘catastrophic’ vote result P.O. I would argue that the European Union, which has all the ticks of an imperialist dictatorship, should have thought of this, before imposing to the UK a deal, and such an horrible one, … Continue reading P.O. (FT) Juncker makes late bid to avert no-deal Brexit

(BBC) Brexit: What’s next if MPs reject May’s deal?

(BBC) I know that, right here, I’ve been writing about, and we’ve been discussing, our prime minister’s and politicians’ Brexit choices for more than two-and-a-half years. And, yes indeed, there have been many, many times we have reported it is a crunch moment, a crucial day, or a vital moment. And each mini-drama, each bizarre … Continue reading (BBC) Brexit: What’s next if MPs reject May’s deal?