corporate debt defaults are the burden of the banks, which makes them unable to approve loans, which kills off the smaller regional banks and also hopes for corporate growth, so jobs too.
Thing to keep in mind on this is that it’s a national regulatory decision based on an EU regulatory decision, and it is expected to be just the first of several more like it to come from it. Meaning, it is likely to spread and it is likely to escalate over time. And even if it’s just an added cost of doing business, it does impact the financial viability of Facebook surveillance-capitalistic model.
That would’ve entailed a full on war with China. Which some people - most notably MacArthur - were ok with. I think his plan involved nuking as much of the PLA as possible.
Personally, I think we should’ve done some version of Operation Unthinkable and eliminated the USSR. Alas.
North Korea, which test fired an intercontinental ballistic missile (ICBM) last week, condemned the NCG on Monday for “openly discussing the use of nukes”
That’s rich coming from NK. As if they don’t threaten this on a quarterly basis.
France also saw record-low nuclear output as state-owned utility EDF (EDF.PA) repairs reactors affected by stress corrosion.
This is the reason for the increase, but also the 10% they announced is way less than the French energy commission recommended as well. They were recommending a 74.5% increase.
Interesting. Apple & Amazon’s defense argument of ‘stop counterfeits’ essentially contains the subtext of ‘because it was expensive to us, not the consumer’ - considering if you received a counterfeit product it likely wasn’t a hassle to get Amazon to refund it (and presumably by that time the seller had jogged on, and Amazon couldn’t get their money back).
For anyone who wonders how this piece of news is reported by Italian (pro-government) media: a minor inconvenience for tourists who always complain for everything, plus they are vandals who damage our historical monuments. If I were a foreigner I would chose to go on vacation elsewhere, sincerely.
Very sorry to hear this. An industry’s greed for more profit has no limit, but the actual attractions and the infrastructure to serve it does. It needs to be sustainable, and globally appreciated history needs to be respected. Down to government to regulate industry and protect heritage. Sincerely , someone who has never been to Europe, let alone Italy. I’m happy with the countless hours of history docos I have access to. Tourists can really be the most entitled group. Maybe setting them adrift on their massive plastic floating malls (cruise ships) isn’t so bad if they stay on them lol.
reuters.com
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