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October 29, 2014

Disparity: How Shadow Banking and Extreme Wealth Inequality Threaten Us - by David DeGraw

Hidden wealth estimates vary widely. Many of them only take a partial look at the most basic methods of offshoring wealth.  Given the unprecedented growth of wealth over the past generation, the secretive methods used to hide it have evolved far beyond well-known tax havens in Switzerland and small-island jurisdictions such as the Bahamas.  While estimates based on banking secrecy and tax havens help to give us a more accurate picture of overall wealth, they do not give a total view.

Research by Gabriel Zucman, which analyzed banking secrecy, estimated that “around 8% of the global financial wealth of households is held in tax havens.”  If we correlate this 8% with the $82 trillion in accounted for wealth reported by the Federal Reserve, that would be an additional $6.6 trillion for the wealthy, bringing the richest 1% up to roughly $39 trillion in overall wealth.

However, to get a more complete understanding of the reality of the situation, the most wide-ranging look into hidden wealth was done in 2012 by economist John Henry in partnership with the Tax Justice Network (TJN).  They estimated that there was $21- $32 trillion hidden globally at the end of 2010. As shocking as that sounds, that estimate still did not give a complete view of hidden wealth.  As they put it, “We consider these numbers to be conservative. This is only financial wealth and excludes a welter of real estate, yachts and other nonfinancial assets owned via offshore structures.”

We also need to consider that overall US household wealth is up 30% and has increased by $25 trillion since the end of 2010. Globally, High Net Worth Individual investible wealth has increased 19% since then, and has begun to accelerate at a record pace.  In 2013, it increased globally by 14%, with a 17% increase in North America, which is now at an all-time high.  Given these factors, and several others that will be explained below, the higher TJN estimation of $32 trillion in 2012 is conservative today.

Correlating TJN’s wealth estimates with US distribution percentages is not an exact science but it gives a much more accurate total of overall wealth than excluding it.  Based on TJN’s estimation, Ultra High Net Worth Individuals (UHNWI) accounted for 48% of hidden wealth.  If we correlate that to the overall estimate of $32 trillion, it equates to $15.4 trillion for the UHNWI population.

The US accounts for 35% of the UHNWI population, which correlates to $5.4 trillion.  In the next tier, High Net Worth Individuals (HNWI) also accounted for 48% of hidden wealth.  The US currently has 42% of the HNWI population, which correlates to $6.5 trillion.  The additional 4% of hidden wealth is estimated to be held below the economic top 1% of the US population, which correlates to roughly $538 billion.

This brings the estimated total of hidden US wealth to $12.4 trillion, with $11.9 trillion of that held within the top 1%.  We can now estimate that the top .01% has $14.5 trillion in wealth, the top .1% has $26.4 trillion and in total the top 1% has $44.5 trillion.

Read more: How Shadow Banking and Extreme Wealth Inequality Threaten Us | Alternet

Immigration: EU migration is essential for a healthy economy, says CBI's John Cridland - by John Cridland

As a proud Bostonian, the change in my Lincolnshire home town over the past decade is striking. West Street is now interspersed with vibrant Polski skleps selling an array of Eastern European goods. And while it was unusual to hear so many languages spoken when I was a boy, Slav languages are now being taught in local schools.

I understand that immigration has social and cultural impacts that can’t be ignored. But as head of the UK’s biggest business group, I am concerned about where the debate on immigration is heading. I know business leaders share this unease.

Across the political spectrum, there is a mismatch between rhetoric and reality. Immigration has helped keep the wheels of this recovery turning by plugging skills shortages. This has led to more jobs for British people and driven growth. Without free movement of workers, the recovery would grind to a halt.

Our hospitals and care homes couldn’t function without overseas workers; building sites that we need to deliver more homes and big infrastructure projects, such as the roll-out of broadband, would also stall.

EU migration also has a positive impact on the UK’s fiscal position. Research from University College London shows that over the decade since 2001 EU migrants made a positive net contribution of £2,732 per person per year.

Businesses benefit too, with 63pc of CBI members saying free movement of labour has been beneficial. And that free movement cuts both ways: well over a million Britons live and work in the EU. Of course, there are concerns around immigration.

Note EU-Digest: Regardless what Eurosceptics and Nationalists, Ultra Conservatives are saying the EU needs more not less immigrants.

 Read more: EU migration is essential for a healthy economy, says CBI's John Cridland - Telegraph

Meat Products - Russia to hold talks with EU Commission on illegal imports of European meat

Russian veterinary standards officials will hold urgent talks with the European Commission on illegal supplies of European meat to Russia, the country's veterinary regulator said on Monday.

“We have asked for a meeting in Brussels considering large-scale issues connected with uncontrolled movement of meat products of unknown origin across EU territories,” Sergey Dankvert, head of the Russian veterinary and phytosanitary service Rosselkhoznadzor, told TASS.

Negotiations between Bernard Van Goethem, director of the European Commission’s Directorate-General for Health and Consumers, and Rosselkhoznadzor Deputy Head Yevgeny Nepoklonov will take place on October 28, Dankvert said.

Last week, the Russian regulator busted major supplies of European pork to Russia declared as juices, vegetables and mushrooms.

“These supplies passed customs clearance in the European Union. The content of containers is under the direct responsibility of EU veterinary services, which we see do not exercise any control and promote smuggling,” Dankvert said then, noting that container checks had halted supplies of around 360 tonnes of frozen pork from Germany, Poland, the Netherlands, Belgium and Brazil. Deliveries were declared as juices, vegetables, jams and chewing gum, he said.

Read more: TASS: Economy - Russia to hold talks with EU Commission on illegal imports of European meat

Global Economy: The Stark Facts of Global Greed, a Disease as Challenging as Climate Change

Global inequality, like global warming, is a disease that may be too far along to ever be cured.

We seem helpless, both in the U.S. and around the world, to stop the incessant flow of wealth to an elitist group of people who are simply building on their existing riches. The increasing rate of their takeaway is the message derived from the  Credit Suisse Global Wealth Databook (GWD).

It's already been  made clear that the richest Americans have taken almost all the gains in U.S. wealth since the recession. But the unrelenting money grab is a global phenomenon. The GWD confirms just how bad it's getting for the great majority of us. 

Read more: The Stark Facts of Global Greed, a Disease as Challenging as Climate Change | Alternet

October 27, 2014

The Netherlands: World Trade Center Almere Invites you for a cup of coffee

WTC Almere
On October 30 the World Trade Center in Almere has an open house coffee starting at 10.30 am to celebrate the reopening of their renovated lounge and restaurant facilities in the tallest building of Almere. 

At 12.00 pm the restaurant will also open for lunch guests.

The World Trade Center Almere is located right behind the Central Almere Rail Station.


For additional information in Dutch click on this link

Brazil: Dilma Rousseff re-elected Brazilian president with small majority

A combination photo shows Brazilian presidential candidates Dilma Rousseff (L) and Aecio Neves gesturing to photographers after voting in Porto Alegre (L) and Belo Horizonte on 26 October 2014.
Dilma Rousseff beats Aecio Neves
Left-leaning President Dilma Rousseff has been re-elected president of Brazil, after securing 51.45% of votes in a closely-fought election.

An official count showed her rival, centrist candidate Aecio Neves, taking 48.55% of the vote.

Both candidates made economic growth and lifting Brazilians out of poverty central to their election campaigns.

A poll taken in Europe prior to the election showed that Brazilians living in Europe favored Aecio Neves over Dilma Roussef by a margin of 2%.

EU-Digest

Ukraine election: Ukraine overwhelmingly elects pro-European parliament

Ukrainians have overwhelmingly voted in several pro-European parties in a landmark parliamentary election Sunday, another nudge in the former Soviet nation's drift away from Russia.

As votes are counted, President Petro Poroshenko's bloc looks set to win the most, with PM Arseny Yatsenyuk's People's Front party a close second.

Addressing Ukrainians two hours after polling ended, he thanked voters for backing a "democratic, reformist, pro-Ukrainian and pro-European majority".

"The majority of voters were in favor of the political forces that support the president's peace plan and seek a political solution to the situation in the Donbass," Poroshenko said, referring to the region of the industrialized east where government forces have been fighting separatist rebels.

The result, confirmed by other exit polls, opened up the possibility of Poroshenko, a 49-year-old confectionery magnate, continuing to work in tandem with Yatseniuk, with the latter staying as prime minister to handle sensitive talks with the West on aid for the war-shattered economy.

The People's Front of Yatseniuk, a hawk in dealings with Russia who is liked in the West for his commitment to deep reforms and stewardship of the economy, took just over 21 percent of the vote, according to the exit poll, with a third pro-Europe party from western Ukraine in third place.

Speaking later at a news conference, Poroshenko said People's Front was the "main partner" in any parliamentary coalition and talks to form the majority could begin on Monday.

EU-Digest

European Banking System: One fifth of EU banks fail stress test - with twenty-five European banks in trouble

Twenty-five European banks have failed stress tests of their finances, the European Banking Authority has announced.

The banks now have nine months to shore up their finances or risk being shut down. No UK banks are included.

The review was based on the banks' financial health at the end of 2013.

Ten of them have taken measures to bolster their balance sheets in the meantime. All the remaining 14 banks are in the eurozone.

The health check was carried out on 123 EU banks by the EBA to determine whether they could withstand another financial crisis.

The list of 14 includes four Italian banks, two Greek banks, two Belgian banks and two Slovenian banks.

The worst affected was Italian bank Monte dei Paschi, which had a capital shortfall of €2.1bn (£1.65bn, $2.6bn).

Read more: BBC News - Twenty-four European banks fail
line

October 26, 2014

Middle East: Kurds fear Isis use of chemical weapon in Kobani - by Emma Graham-Harrison

Kurds battling Islamic State militants for control of Kobani fear the extremist group may have used an unidentified chemical weapon, according to officials and one of the few doctors still working in the besieged Syrian town.

Patients with blisters, burning eyes and breathing difficulties turned up at a clinic after a blast was heard on Tuesday evening, Dr Walat Omar said. He described the symptoms as abnormal and said he could not identify their cause, but suspected a chemical weapon.

“After a loud explosion [on Tuesday night], we received some patients with abnormal symptoms. They reported a bad smell which produced some kind of allergic reaction,” Omar said in a telephone interview that was periodically disrupted by heavy explosions.


Read more: Kurds fear Isis use of chemical weapon in Kobani | World news | The Guardian

The Environment: EU leaders agree CO2 emissions cut

EU leaders have reached a landmark deal to cut greenhouse gas emissions by 40% by 2030, compared with 1990 levels.

The binding decision came after heated discussions at a summit in Brussels, as some members had argued that their varied interests should be protected.

Correspondents say the final deal is a compromise between countries that rely heavily on coal, and those willing to instil greater emissions cuts.

Environmental groups welcomed the deal, but said it did not go far enough.
The bloc also agreed to boost the use of renewable energy to 27% in the total energy mix and increase energy efficiency to at least 27%.

There were deep divisions within the EU on emissions cuts.

Poland, which is heavily reliant on coal, fears that the costs of decarbonising its economy will slow business growth. Its concerns at the summit were echoed by other central and east European members.

The President of the European Council, Herman Van Rompuy, said afterwards that some poorer EU members would get help - including additional funds - in reaching the agreed targets.

The UK also had opposed nationally binding targets for renewables - mainly wind, solar and hydroelectric power. It is embracing shale gas and nuclear as alternatives to the current over-reliance on oil and gas imports.

Note EU-Digest: Lets hope, China, India and US follow suit .....

Read more: BBC News - EU leaders agree CO2 emissions cut

The Netherlands: Crowdfunding - Debut Of Exciting New Dutch Vocalist Jo Sarah

Jo Sarah
Following our earlier report we met up again with the exciting new Dutch singer Jo Sarah and asked her how her  recordings have been going these past weeks. 

"These have been some fast moving weeks recording my album. It was really  awesome recording my songs at the Wedgeview studio’s with my band - they were fantastic", said Jo

The album is going to be really special.  she said and will have 5 songs and a small surprise!! "So please stay tuned for the release in January 2015."

 "We are now in the process of mixing the songs….and I can already hear and feel it’s going to be an album to be proud about", says Jo Sarah

Sarah said she has also started a "crowdfunding" to finance the production of her album and that donations already reached more than 50% of her goal - "thanks to all the wonderful people who have so graciously donated funds".

Anyone interested to help Jo Sarah reach her funding goal can find out more about it by clicking on the following link:  Crowdfunding Jo Sarah!

EU-Digest


October 20, 2014

Vatican And The Gay Community: Catholic bishops veto gay-friendly statements leaving Pope Francis the loser - by Lizzy Davies

Pope Francis appeared on Saturday night to have lost out to powerful conservatives in the Roman Catholic church after bishops scrapped language that had been hailed as a historic warming of attitudes towards gay people.

In the final report of an extraordinary synod on the family which has exposed deep divides in the church hierarchy, there is no mention – as there had been in a draft version – of the “gifts and qualities” gay people can offer. Nor is there any recognition of the “precious support” same-sex partners can give each other.

A paragraph entitled “pastoral attention to people of homosexual orientation” – itself a distinctly cooler tone than “welcoming homosexual persons” – refers to church teaching, saying there can be “not even a remote” comparison between gay unions and heterosexual marriage.

“Nevertheless,” it adds, “men and women of homosexual tendencies must be welcomed with respect and sensitivity.” They should not suffer from discrimination, it adds. But the shift in tone is clear. And, in a potentially stark sign of the discomfort provoked among many bishop, even this watered-down passage failed to pass the two-thirds majority needed for it to be approved.

Read more: Catholic bishops veto gay-friendly statements leaving Pope Francis the loser | World news | The Observer

The Netherlands: Dutch exporters find way via Turkey to circumvent imposed Russian Sanctions

The Dutch Fruit and Vegetable publication "Fresh Plaza" reports that Russia accuses Poland of illegal re-export, so it closed its borders last week for all products from Poland.

The Eastern European country is reported to transport Polish produce under a false label as re-export to Russia. Traders from other countries are also reportedly using smuggling routes.

The Netherlands and Spain were recently mentioned in the media in connection with the smuggling. The Canadian borders are opened to Belgian pears. The agreement was reached after efforts from Belgium and the EU For other EU member states, similar trade agreements are on the table. In the Czech Republic, apple prices have gone down to 30%.

The country is mainly hit indirectly by the boycott, and gets little compensation from the EU for that reason. Growers in Lithuania refuse to destroy produce, so they are not entitled to receive compensation. As a result, growers are in danger of bankruptcy. And negotiations between Russia and Jordan and Iran are still going. Both countries want to significantly increase export of fruit and vegetables to Russia.

EU-Digest

October 11, 2014

EU Personal Privacy Rights: Google Has Received Nearly 145,000 Requests to Be 'Forgotten' - by Brendan Sasso

Thousands of Europeans are scrambling to take advantage of a new legal right to force Google to delete search results about them.

Since the process began several months ago, Google has received 144,954 requests to delete 497,695 pages from its search engine, the company revealed in a report Friday.

But Google actually rejected most of the requests under the "right to be forgotten." The company granted 41.8 percent of the requests to scrub links.

Facebook was the most common site that people tried to hide from search results, followed by profileengine.com, a site that archives social-media information. Google's own YouTube came in third.
France, Germany, and the United Kingdom were the top sources of requests to delete links, according to the report. 

"We believe it's important to be transparent about how much information we're removing from search results while being respectful of individuals who have made requests," Jess Hemerly, a public policy manager at Google, said in a blog post. "Releasing this information to the public helps hold us accountable for our process and implementation."

The top European court ruled in May that companies must delete "inadequate, irrelevant, or no longer relevant" pages. The ruling was based on Europe's privacy laws, which are much more expansive than those in the U.S. People argued they shouldn't be haunted for their whole lives by embarrassing Web pages.

Note EU-Digest: one of the many benefits of being part of the EU

Read more: Google Has Received Nearly 145,000 Requests to Be 'Forgotten' - NationalJournal.com

EU-US Trade Negotiations: Concerns rise over US-EU trade talks - as Europe demonstrates against talks - by Andrew Walker

There are rising concerns in Europe over negotiations to liberalise trade with the United States.

The project, the Trans-Atlantic Trade and Investment Partnership, or TTIP, aims to remove a wide range of barriers to bilateral commerce.

Opponents are planning demonstrations and protests across Europe today October 11, with large numbers of events in Germany, France, Spain and Italy,

In Britain, events are planned in at least 15 cities and towns.

One campaigner involved in planning the day of action said she expected at least 400 local actions in about 24 European countries.

The EU and the US launched the negotiations last year and the aim is to stimulate more trade and investment, and, in the process, to produce more economic growth and employment.

One aim of the negotiations is to reduce the costs to business of complying with regulations. A firm in, say Europe, that wants to export to the US often has to comply with two sets of rules.Critics say the result of this would be lower standards of protection for workers, consumers and the environment. Food safety is a particular concern among European opponents of the negotiations.

In the EU, campaigners say that consumers could be faced with more genetically modified food, hormone treated beef and chicken meat that has been rinsed with chlorine.

Another major concern is the provisions under discussion to enable foreign investors - for example American firms investing in the EU - to sue a host government in some circumstances if they are hit by a change in policy.

That turned out to be so controversial that the European Commission decided to hold a public consultation. There were 150,000 responses which the Commission is still analyzing.

The conduct of the negotiations is also contentious. Campaigners say they are secretive and undemocratic. They also dispute TTIP advocates' claims about the economic benefits.

Overall these negotiations have proven to be extremely controversia and should not be allowed to be shoved down the throats of European Citizens.

Read more: BBC News - Concerns rise over US-EU trade talk

Global Economy: Debt risk, market turmoil threaten financial crisis - David Parkinson

Nagging debt risks, heated currency wars and renewed market turmoil are making the global economy a precarious place, six years after the financial crisis.

On the sixth anniversary of the S&P 500’s biggest one-day drop in history – a 106-point plunge on Sept. 29, 2008, that marked the beginning of one of the worst market collapses of all time – the respected annual Geneva Report on the World Economy is raising concerns about a “poisonous combination” of record and still-rising global debts and chronically slow growth. It warned that this leaves the world exposed to a heightened risk of further economic stagnation and even another potential financial crisis.

Read more: Debt risk, market turmoil threaten financial crisis - The Globe and Mail

May you live in interesting times - How Global Developments Impact On Your Life - editorial

May you live in interesting times"  -  While purporting to be a blessing, this is in fact a curse. The expression is always used ironically, with the clear implication that 'uninteresting times', of peace and tranquility, are more life-enhancing than interesting ones.

"May you live in interesting times" is also  widely reported as being of ancient Chinese origin but is really neither Chinese nor ancient, being recent and western. It certainly seems to have been intended to sound oriental, in the faux-Chinese 'Confucius he say' style, but that's as near to China as it actually gets.

The saying probably refers back to the days before the second world war when British PM Neville Chamberlain used it to described the state of the world at that time.

Tying the state of world affairs from Chamberlain's days to the present we could  probably quite appropriately use the French saying: Plus ça change, plus c'est la même chose - the more it changes - the more it stays the same.  Or, the fact is - history repeats itself.

EU-Digest, in an effort to provide the public with a variety of different angles when looking at news reports and sometimes even "myths" coming mainly from the mainstream  corporate controlled press, wants to take this opportunity to thank all the contributors who have participated in our success.  

If you like what you read here and want to show your appreciation you can best do that by making a donation or by placing an advertisement in EU-Digest to support our continued and future developments.

Just click on our Paypal Advertising Link right in the top left corner of EU-Digest.

We thank you for your support which is crucial to helping us bring you a free, independent and critical voice, showing both sides of the coin of events in Europe and related issues.

Almere-Digest

October 7, 2014

The Netherlands: Kurdish Protesters Occupy Dutch Parliament

Hundreds of Kurdish protesters have occupied the Dutch Parliament building and are calling for more action to combat the Islamic State terror group.

The official Twitter feed of The Hague police says the demonstration late Monday is peaceful and that officers are in talks with the protest leaders. Police advised the public not to go to the square outside Parliament.

National broadcaster NOS posted video on its website showing chanting protesters inside the Parliament building holding a banner that said in Dutch "Stop the silence. Support Kobani," a reference to the Syrian town close to the Turkish border that was under attack Monday by Islamic State fighters.

Note EU-Digest: Hopefully Mr. Rutte called Mr.Erdogan and asked him why he is sitting on his hands instead of using all the tanks he lined up on the Turkish border facing Kobani  ?

 Read MoreKurdish Protesters Occupy Dutch Parliament - ABC News

October 6, 2014

The Netherlands: Assisted Suicide 'Out of Control' - by Nick Hallett

The number of mentally ill people who have been killed through euthanasia in the Netherlands has trebled in a single year, according to new figures.

The Daily Mail reports that in 2012, 14 people with "severe psychiatric problems" were killed by lethal injection, a figure that rose to 42 in 2013.

There had also been a 15 percent overall rise in assisted dying over the past year, with the number of cases increasing from 4,188 to 4,829.

Deaths from euthanasia have risen by a total of 151 percent in a period of just seven years, with most cases involving cancer sufferers. However, there were also 97 people who were killed by their doctors because they had dementia.

The figures do not include "terminal sedation", where the patient is sedated and then has food and fluids withdrawn. If they did, however, euthanasia would account for one in eight of all deaths in the Netherlands.

Read more: Assisted Suicide 'Out of Control' in Netherlands

ISES: The European Union Must Face the Islamic State

Diplomatic missions, think tanks, and the media are rife with analyses of the Islamic State. Assessments of how to deal with the jihadist group range from “wait and see” to “degrade and destroy,” and there are even mundane controversies about whether the entity should be called the Islamic State (IS), the Islamic State of Iraq and Syria (ISIS), the Islamic State of Iraq and the Levant (ISIL), or Da’esh (the movement’s Arabic acronym)—even though these names carry almost identical meanings.

The bottom line is that the self-proclaimed Islamic State, which has now taken hold in large parts of Iraq and Syria, is posing unprecedented challenges to the Western community of nations. The group is a particular threat to European states. To cope with those aspects of the situation that are specific to Europe, EU leaders must focus their efforts on five key areas: counterterrorism cooperation, the interruption of financial flows to the Islamic State, humanitarian assistance, political dialogue, and long-term policy reforms.

There are striking differences between the Islamic State’s modus operandi and that of other jihadist movements active in recent years, namely al-Qaeda from September 2001 onward and al-Qaeda in the Islamic Maghreb (AQIM) in 2013. Three particular contrasts are discernible.

First, the Islamic State’s current military strategy—including its funding, equipment, manpower, and operational capabilities—is much more sophisticated than anything the West has witnessed from similar groups. The terrorist attacks in New York and Washington in 2001, in Djerba in 2002, in Madrid in 2004, or in London in 2005, as tragic as they were, were one-off and localized. Some were suicide operations, while others were hit-and-run bombings. In January 2013, AQIM conducted a military surge in Mali, in an attempt to “acquire” an entire country by force and turn it into a base for further operations in the region, using captured airfields and military or communication facilities; but even that attack was very modest compared with current IS operations.

The second element that distinguishes the Islamic State from other terrorist groups is the deep roots it has developed in Western Europe, the Maghreb, and Turkey, as well as the Middle East, where it has recruited several thousand jihadists. Data show that the larger contingents come from the Middle East (5,800), the Maghreb countries (5,300), the EU (2,600 to 3,000), and Turkey (anywhere between 400 and 1,000). Numbers given by official agencies are substantially higher.

More importantly, the Islamic State’s power to attract young, underemployed, loosely indoctrinated people can be very high. The combination of recruitment circuits, networks of sympathizers, and returnees from the Middle East with a mission to recruit more jihadists produces a substantial potential for social destabilization, especially as radicalized Muslim communities tend to be geographically concentrated. What is more, this radicalization is happening in a political context in which xenophobia and extreme right-wing political parties are rising at an accelerated pace.

Thirdly: The EU’s 28 countries have a total population of 505 million. Counting citizens and immigrants, these states’ Muslim population is about 20 million. For 2,600 to 3,000 young men and women to be actively involved in jihadist movements may therefore seem almost negligible. 

This would be an erroneous assessment, in part because estimates are growing by the day.Given this context, the overwhelming aims for European governments must be to severely curtail the recruitment of European jihadists by the Islamic State, impede the recruits’ transit to Syria and Iraq, and put returnee militants under strict surveillance. Preventing jihadists from leaving Europe is also key. The European countries concerned have already revamped procedures and launched new forms of cooperation to address these tasks, but they should do more. The implications of such steps are momentous and concern many domains: freedom of movement within the EU, management of the Schengen area, counterterrorism coordination, antiterrorism legislation, regulation of political activities, and even freedom of expression.

Read more: The European Union Must Face the Islamic State

October 3, 2014

The Netherlands: Dutch Railways NS new ticketing system considered complicated and unfriendly by NS customers

A random poll by EU-Digest throughout the Netherlands shows that 68% of NS customers are unhappy with the new obligatory electronic OV Chipcard ticketing system. The new system went into effect two months ago throughout the Netherlands.

The new system did away with a paper ticketing system and replaced it with an electronic "refill" Chipcard called OV Chipcard tied into the customers bank account or credit card. The OV Chipcard can also be used on all other Public Transport in the Netherlands

Travelers find the new system complicated, riddled with technical problems and especially unfriendly to many older customers who are not tech savvy

Tourists visiting the Netherlands also complained that the ticketing system does not accept many International credit cards.

Almere-Digest

ISIS : Turkey MPs back Iraq-Syria deployment

Turkey's parliament has backed a motion that could allow its military to enter Iraq and Syria to join the campaign against Islamic State (IS) militants.

The resolution - passed with a three-quarters majority - will also permit foreign troops to use Turkish territory for the operation.

Turkey has been under pressure to play a more active role in the US-led fight.
The government dropped its reluctance to combat IS militants directly after the release of 46 hostages last month.

The Turkish citizens had been held by IS in northern Iraq.

However, Turkey still remains wary of retaliation by IS and also fears helping Kurds, who are fighting the militants. Turkey has fought a long civil war with its Kurdish minority.

Read more: BBC News - Islamic State: Turkey MPs back Iraq-Syria deployment

Climate Change: Europe’s Fading Climate Policy Ambitions - by Bela Galgoczi

Europe is losing momentum in greening its economy, and its former leadership in this area is eroding rapidly. Indeed, after a 60% drop in clean energy investment in 2013 compared to the 2011 peak, Europe has become the global laggard in this regard.

Alongside this collapse in clean energy investment, due mostly to austerity and policy uncertainty, it is also disappointing to see that progress in energy efficiency – a key element on the path to decarbonisation – has been extremely modest to say the least.

According to Eurostat, between 1990 and 2010 EU27 final energy consumption grew by seven per cent; for the household sector the increase was 12%. The effects of energy saving investments, a priority of the EU2020 Strategy which placed the main emphasis on insulation and the retrofitting of buildings, are barely visible and achievement of the 2020 energy efficiency targets is seriously in question.

Much of the reduction in greenhouse gas emissions recorded in Europe was actually attributable to slow growth and recession. Europe, all in all, is losing clout.

Read more: Europe’s Fading Climate Policy Ambitions - Social Europe Journal

EU - Economy: Greece prepares to wave goodbye to troika

Greece has had many judgement days over the last year but the latest meeting of the troika could be one of the last.

Inspectors from the EU, ECB and the International Monetary Fund have been gathering to review the country’s progress on economic reforms, and our correspondent says it could be the final gathering if Greece ends its loan dependence.

“The International Monetary Fund is the big thorn in the side of the Greek government that wishes this to be the last time they visit Athens for an audit. With the primary surplus steadily above target, Greece will try to stay away from needing further IMF help. But there’s a long way to go before a definitive decision is made,” said Symela Touchtidou.

Athens has had its successes; besides a primary budget surplus, unemployment has dipped slightly from its record high of 28 percent in June, although it remains among Europe’s highest. Crucially, its economy is set to grow in 2014 after a six-year recession.

The Greek government also remains hopeful after announcing a series of tax relief measures this month for the first time after four years of austerity. The troika will looking to see if the government can compensate for those cuts.

Read more: Greece prepares to wave goodbye to troika | euronews, economy

EU-US Trade Negotiations: European Activists Say They Don't Want Any U.S. 'Chlorine Chicken' :by Susanna Capelouto

Mute Schimpf doesn't want to eat American chicken. That's because most U.S. poultry is chilled in antimicrobial baths that can include chlorine to keep salmonella and other bacteria in check. In Europe, chlorine treatment was banned in the 1990s out of fear that it could cause cancer.


"In Europe there is definitely a disgust about chlorinated chicken," says Schimpf, a food activist with Friends of the Earth Europe, an environmental group.

The chlorine vs. no chlorine debate has come up a lot recently in the context of a massive trans-Atlantic trade agreement. This week, negotiators from Europe and the U.S. are meeting in Washington for a seventh round of talks aimed at creating the Transatlantic Trade and Investment Partnership, or TTIP.

 Read more: European Activists Say They Don't Want Any U.S. 'Chlorine Chicken' : The Salt : NPR