Adjustment is the key to ending the eurozone crisis. The optimists are saying that this process of regaining competitiveness is now taking place.
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in title, tags, annotations or urlOptimism about an end to the euro crisis is wrong - FT.com - 0 views
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This judgment is profoundly wrong.
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In other words, the eurozone is adjusting at the expense of the rest of the world.
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Multinationals beach tax bills in Spanish shells - FT.com - 0 views
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From here a single employee presided over a company that from 2009 to 2011 made €9.9bn of net profits, all while earning an annual salary of only €55,000.
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Exxon’s Spanish subsidiary was structured as a so-called ETVE, a type of holding company used by many multinationals, including Hewlett-Packard, Pepsi, Eli Lilly, Anheuser-Busch InBev and Vodafone.
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According to the ETVE’s 2009 accounts, Exxon was able to transfer €3.6bn of dividends from its unit in Luxembourg to Spain. A dividend of €2.26bn was then paid on to its US parent without incurring withholding taxes that it would typically have to pay when moving money outside of the EU.
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Gaps in Graduates' Skills Confound Morocco - NYTimes.com - 0 views
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“It’s sad to note that the state of education is worse now than it was 20 years ago,
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“How is it that a segment of our youth cannot realize their legitimate aspirations at professional, physical and social levels?”
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They say that their education has left them ill-equipped for the workplace.
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In Uzbekistan, the Practice of Forced Labor Lives On During the Cotton Harvest - NYTimes.com - 0 views
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In Uzbekistan, the Practice of Forced Labor Lives On During the Cotton Harvest
Amid Rows of Tin Shacks, a Luxury Hotel Rises - Slide Show - NYTimes.com - 0 views
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Amid Rows of Tin Shacks, a Luxury Hotel Rises
BBC News - Ukraine crisis: Yanukovych and the tycoons - 0 views
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Ukraine crisis: Yanukovych and the tycoons
Out of Europe's Jobs Crisis, Voices of the Young - Multimedia Feature - NYTimes.com - 0 views
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Out of Europe’s Long Jobs Crisis, Voices of the Young
How to Get a Job at Google - NYTimes.com - 0 views
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How to Get a Job at Google
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noted that Google had determined that “G.P.A.’s are worthless as a criteria for hiring, and test scores are worthless. ... We found that they don’t predict anything.”
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“Good grades certainly don’t hurt.” Many jobs at Google require math, computing and coding skills, so if your good grades truly reflect skills in those areas that you can apply, it would be an advantage.
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RealTime Economic Issues Watch | Transatlantic Economic Sanctions Against Russia - 0 views
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Transatlantic Economic Sanctions Against Russia
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First, I have recommended to government officials that US and EU negotiators give priority to energy cooperation and promotion of US exports of liquefied natural gas to Europe during the fourth round of talks on the Transatlantic Trade and Investment Partnership (TTIP) that start on March 10 in Brussels. Efforts should be made to conclude this part of the agreement quickly and immediately implement the obligations on a provisional basis
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Second, the United States and the European Union should call for special consultations in the International Energy Agency (IEA) to review current oil and gas supply arrangements and reserves in Europe. The IEA should also be called on to assess the implications of the crisis in Ukraine for member and nonmember countries and their options for dealing with potential supply disruptions. Ukraine participates in consultations with IEA members on a regular basis anyway and clearly should be doing so now.
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Changing Course, Russia Will Sell Rubles Instead of Buying - NYTimes.com - 0 views
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Changing Course, Russia Will Sell Rubles Instead of Buying
Nato defence spending falls despite promises to reverse cuts - BBC News - 0 views
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Nato defence spending falls despite promises to reverse cuts
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Europe's failure to pay its way in Nato is seriously worrying the US, which already provides 75% of all Nato defence expenditure (the US spends 3.8% of its GDP on defence).
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Without any of its own maritime patrol aircraft, the UK recently had to request the help of Nato allies to search for suspected Russian submarines off the west coast of Scotland. In Germany there have been reports of serious malfunctions in military equipment.
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U.S. Embassy Criticizes Pardons in Nigeria Corruption Cases - NYTimes.com - 0 views
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Mr. Ribadu once estimated that between independence and the end of military rule in 1999, Nigeria had lost more than $380 billion to corruption and mismanagement. In recent years, tens of billions of dollars have been siphoned from a federal oil revenues account, with virtually no accounting for it.
BBC News - Explore DR Congo in maps and graphs - 0 views
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Explore DR Congo in maps and graphs
European Borders Tested as Money Is Moved to Shield Wealth - NYTimes.com - 0 views
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European Borders Tested as Money Is Moved to Shield Wealth
Chevron and Ukraine Set Shale Gas Deal - NYTimes.com - 0 views
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Last year Ukraine consumed about 50 billion cubic meters of natural gas, most of it imported from Russia, while producing about 19 billion cubic meters, according to the BP Statistical Review of World Energy.
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Shale gas technologies are altering the geopolitics of energy from Russia to the Middle East. Three territories — Russia, Iran and Qatar — hold about half the conventional reserves of natural gas. But shale is found in many other places, including India, China, Australia and in Eastern Europe, undercutting the power of the oil sheikhs and the Kremlin.
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Ukraine, despite producing some domestic gas by conventional extraction, remains highly dependent on Russia’s Gazprom, which cut off its supplies in 2006 and 2009 in pricing disputes. As a result, Ukraine pays exceptionally high prices for natural gas,
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Companies Quietly Apply Biofuel Tools to Household Products - NYTimes.com - 0 views
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Companies Quietly Apply Biofuel Tools to Household Products
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A liquid laundry detergent made by Ecover, a Belgian company that makes “green” household products including the Method line, contains an oil produced by algae whose genetic code was altered using synthetic biology. The algae’s DNA sequence was changed in a lab, according to Tom Domen, the company’s manager for long-term innovation.
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Unilever recently announced that it was using algae oil made by a company called Solazyme in Lux, a popular soap
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