BRUSSELS: In a shift since the last European Parliament elections, mainstream parties have adopted climate change as a rallying cry - spurred in part by a wave of student strikes.With the "Fridays for Future" protest due to continue in cities across the continent on the second day of voting, the growing consensus for urgent climate action has raised hopes of cross-party cooperation.But there are also fears populists could torpedo this if they make strong gains.A Eurobarometer poll shows climate change is now a leading concern for European Union voters, not far behind economic issues and rivalling worries about migration.And, amid weekly protests over what activists now term the climate emergency, Europe's mainstream political parties have finally grasped the issue."It is fair to say that climate and environmental policies now are embedded in all the political parties," said Dara Murphy, campaign director for the European People's Party (EPP), the largest bloc in the outgoing … [Read more...] about Main EU parties adopt climate change as rallying cry
Emergency funding for small business
By Jack Ewing The New York Times Milan Schreuer Mon., May 6, 2019 On a breezy day in September, an ominous text message appeared on Fredrik Ekstrom’s phone: Go immediately to the war room. Ekstrom is chairman of Nasdaq Clearing, an outpost of the U.S. stock exchange company in Stockholm, which processes futures trading and acts, in part, as a shield against contagious losses in the global financial system. He headed toward an ordinary conference room outfitted with extra phones, video hookups, data terminals and policy manuals, designed to be a command center in case of a financial crisis. Until then, the war room had been used only for drills. Other senior executives were waiting when he arrived. They described an unfolding disaster. A trader named Einar Aas was having a spectacularly bad day. Ekstrom knew the name. Aas worked from his seaside home in a remote Norwegian fishing village, trading futures contracts tied to the price of Scandinavian … [Read more...] about How a lone Norwegian trader shook the world’s financial system
By Eliot Brown WSJ Fri., May 3, 2019 In Uber’s vision of the future, most people won’t own cars. Riders will hop on electric bikes and scooters for short distances, and summon cars with drivers for longer rides. Takeout dinner will become a vestige, replaced by hand-delivered meals. Garages will empty and parking lots will be ripped up and transformed into grassy parks. Eventually, robots will rule. Self-driving cars will shuttle people around the roads—and in the air—while drones will make the deliveries. Robotrucks will roam the highways. And Uber will be at the center of it all. But first, there’s the question of whether Uber will ever make any money. As Uber gets set to go public next Friday in one of the largest tech IPOs ever, Chief Executive Dara Khosrowshahi is trying to sell Wall Street on his vision that Uber will become the dominant force in all forms of transportation. That mission is threatened by an onslaught of … [Read more...] about Uber wants to be the Uber of everything
By Allison Jones The Canadian Press Sun., April 28, 2019 Ontario is cutting a music grant program by more than half as it looks to modernize it. The day after the Progressive Conservative government tabled its first budget earlier this month, officials told the Canadian Independent Music Association that the Ontario Music Fund would be reduced from $15 million to $7 million. The association’s president said he had expected the fund would receive less money, given the government’s aim of tackling the deficit. “I wasn’t surprised that the fund was going to receive a cut,” said Stuart Johnston. “I was surprised by the depth of the cut. I think that took everybody by surprise.” The Tories said in the budget that they will be reviewing the program. Article Continued Below “The government will work with Ontario Creates to modernize the Ontario Music Fund to focus on activities that bring the biggest return to the province, … [Read more...] about Ontario cuts music fund by more than half, looks to modernize it
The beautiful, sun-kissed islands of our tourism paradise of the Philippines have the mixed blessings of abundant natural resources, fertile volcanic soil and also lots of natural disasters once in a while, such as earthquakes, volcanoes erupting, typhoons, and others. How can businesses — most especially the numerous micro, small and medium-scale enterprises (SMEs) — be prepared for any natural or manmade disasters? How can small enterprises and professionals survive calamities and accidents? The following is not based just on textbook research or interviews, but I personally suffered a destructive accidental fire in one of my businesses and it was caused by the fire from a next-door neighbor’s business (which had mysteriously been allowed to operate by the fire department without any fire extinguishers, while my staff had to use up to 13 units of 10-kilo and 20-kilo fire extinguishers). Here are suggestions for all of us: Review and be sure to update your … [Read more...] about How can small businesses & professionals prepare for disasters?