If the United Kingdom were to leave the European Union, repercussions would be felt across the German economy. The most imminent would be uncertainty. Would a bilateral trade deal between the UK and the EU be in place in time for Brexit? What would it entail?
MSL Germany's public affairs expert Florian Wastl (@flowa12) assesses the implications for Germany in the aftermath of a Brexit vote. For more information connect with our team on Twitter @MSL_Germany.
The EUR 100 billion + EUR 780 billion eurozone rescue package has just bought time but not enough to address the fundamental imbalances between euro-zone economies
The EUR 100 billion + EUR 780 billion eurozone rescue package has just bought time but not enough to address the fundamental imbalances between euro-zone economies
In this special edition of Valuation Insights, we discuss some of the key valuation and compliance impacts that will likely result from Brexit. Specifically, we review the short-term and long-term economic implications, as well as compliance and regulatory considerations. We also highlight valuation issues, including how companies and investors determine cost of capital and measure risk in the current environment, and discuss implications for transfer pricing with respect to EU Directives. While all industries will be impacted by Brexit, in this issue we focus on the banking and financial services sectors, which stand to be the most heavily affected.
1. Secondary Source Article Your Textbook Author, Dr. C. Brooks.docxjeremylockett77
1. Secondary Source Article: Your Textbook Author, Dr. C. Brooks on The European Union, pp 265-267
The European Union. As of this writing, Britain is poised to exit the EU in the near future.
At the start of the postwar boom, most of the nations of western Europe entered into various international groups that sought to improve economic relations and trade between the member nations. Those culminated in the creation of the European Community (EC) in 1967, essentially an economic alliance and trade zone between most of the nations of non-communist Europe. Despite various setbacks, not the least the enmity between French and British politicians that achieved almost comic levels at times, the EC steadily added new members into the 1980s. Its leadership also began to discuss the possibility of moving toward an even more
inclusive model for Europe, one in which not just trade but currency, law, and policy might be more closely aligned between countries. That vision of a united Europe was originally conceived in large part in hopes of creating a power-bloc to rival the two superpowers of the Cold War, but it also encompassed a moral vision of an advanced, rational economic and political system, in contrast to the conflicts that had so often characterized Europe in the past.
The EC officially became the European Union in 1993, and various member nations of the former EC voted (sometimes barely) to join in the following years. Over time, passport controls at borders between the member states of the EU were eliminated entirely. The member nations agreed to policies meant to ensure civil rights throughout the Union, as well as economic stipulations (e.g. limitations on national debt) meant to foster overall prosperity. Most spectacularly, at the start of 2002, the Euro became the official currency of the entire EU except for Great Britain, which clung tenaciously to the venerable British Pound.
The period between 2002 and 2008 was one of relative success for the architects of the EU. The economies of Eastern European countries in particular accelerated, along with a few unexpected western countries like Ireland (called the “Celtic Tiger” at the time for its success in bringing in outside investment by slashing corporate tax rates). Loans from wealthier members to poorer ones, the latter generally clustered along the Mediterranean, meant that none of the countries of the “Eurozone” lagged too far behind. While the end of passport controls at borders worried some, there was no general immigration crisis to speak of.
Unfortunately, especially since the financial crisis of 2008, the EU has been fraught with economic problems. The major issue is that the member nations cannot control their own economies past a certain point – they cannot devalue currency to deal with inflation, they are nominally prevented from allowing their own national debts to exceed a certain level of their Gross Domestic Product (3%, at least in theory), and ...
Le Royaume-Uni lui-même serait le plus affecté, avec, à l'horizon 2030, un différentiel de Produit intérieur brut (PIB) par habitant pouvant aller, dans le pire des scénarios, jusqu'à 14% par rapport à ce qu'il serait en restant dans l'UE. Les économies que pourrait réaliser Londres en ne contribuant plus au budget européen ne compenseraient en aucun cas le manque à gagner, préviennent les auteurs de l'étude.
What if...? The Consequences, challenges & opportunities facing Britain outsi...chmcorpp
E se...? As consequências , desafios e oportunidades que a Grã-Bretanha enfrentará fora da UE
Neste estudo, olharam principalmente o impacto econômico se a Grã-Bretanha deixar a UE. No entanto, dado que Brexit se resume em cálculos, as considerações não quantificáveis , tais como: perda de soberania e responsabilidade democrática podem ser o que determina se a Grã-Bretanha continua ou não a ser um membro da União Europeia.
In this study, we look primarily at the economic impact of Britain leaving the EU. However, given that Brexit comes down to a finely balanced calculation, unquantifiable considerations such as lost sovereignty and democratic accountability may be what in the end determines whether Britain remains a member.
Policy brief I co-authored. The paper explores options to make the most of the Transatlantic Trade and Investment Partnership in the current climate of strong Europe-wide opposition. Published in February 2015 by the European Council on Foreign Relations (http://www.ecfr.eu/).
Ivo Pezzuto - "BREXIT" - THE GLOBAL ANALYST - MARCH 2016 Dr. Ivo Pezzuto
In this article, Dr. Ivo Pezzuto analyzes the politcal, eocnomic, and social consequences of a potential "Brexit" scenario following Britain's referendum of June 23rd, 2016.
Is Technology Removing the ‘Care’ from Healthcare?MSL
We live in a digital age that is transforming healthcare. But, how does the industry need to adapt to fully engage in the digital future of the NHS?
New solutions are critical to embrace the benefits of improved digital technology in personalised care, while ensuring that patients are not marginalised in the process.
An enquiry led by US cardiologist, geneticist and digital medicine expert, Dr Eric Topol, explores how to support the deployment of digital healthcare technologies throughout the NHS.
In this special edition of Valuation Insights, we discuss some of the key valuation and compliance impacts that will likely result from Brexit. Specifically, we review the short-term and long-term economic implications, as well as compliance and regulatory considerations. We also highlight valuation issues, including how companies and investors determine cost of capital and measure risk in the current environment, and discuss implications for transfer pricing with respect to EU Directives. While all industries will be impacted by Brexit, in this issue we focus on the banking and financial services sectors, which stand to be the most heavily affected.
1. Secondary Source Article Your Textbook Author, Dr. C. Brooks.docxjeremylockett77
1. Secondary Source Article: Your Textbook Author, Dr. C. Brooks on The European Union, pp 265-267
The European Union. As of this writing, Britain is poised to exit the EU in the near future.
At the start of the postwar boom, most of the nations of western Europe entered into various international groups that sought to improve economic relations and trade between the member nations. Those culminated in the creation of the European Community (EC) in 1967, essentially an economic alliance and trade zone between most of the nations of non-communist Europe. Despite various setbacks, not the least the enmity between French and British politicians that achieved almost comic levels at times, the EC steadily added new members into the 1980s. Its leadership also began to discuss the possibility of moving toward an even more
inclusive model for Europe, one in which not just trade but currency, law, and policy might be more closely aligned between countries. That vision of a united Europe was originally conceived in large part in hopes of creating a power-bloc to rival the two superpowers of the Cold War, but it also encompassed a moral vision of an advanced, rational economic and political system, in contrast to the conflicts that had so often characterized Europe in the past.
The EC officially became the European Union in 1993, and various member nations of the former EC voted (sometimes barely) to join in the following years. Over time, passport controls at borders between the member states of the EU were eliminated entirely. The member nations agreed to policies meant to ensure civil rights throughout the Union, as well as economic stipulations (e.g. limitations on national debt) meant to foster overall prosperity. Most spectacularly, at the start of 2002, the Euro became the official currency of the entire EU except for Great Britain, which clung tenaciously to the venerable British Pound.
The period between 2002 and 2008 was one of relative success for the architects of the EU. The economies of Eastern European countries in particular accelerated, along with a few unexpected western countries like Ireland (called the “Celtic Tiger” at the time for its success in bringing in outside investment by slashing corporate tax rates). Loans from wealthier members to poorer ones, the latter generally clustered along the Mediterranean, meant that none of the countries of the “Eurozone” lagged too far behind. While the end of passport controls at borders worried some, there was no general immigration crisis to speak of.
Unfortunately, especially since the financial crisis of 2008, the EU has been fraught with economic problems. The major issue is that the member nations cannot control their own economies past a certain point – they cannot devalue currency to deal with inflation, they are nominally prevented from allowing their own national debts to exceed a certain level of their Gross Domestic Product (3%, at least in theory), and ...
Le Royaume-Uni lui-même serait le plus affecté, avec, à l'horizon 2030, un différentiel de Produit intérieur brut (PIB) par habitant pouvant aller, dans le pire des scénarios, jusqu'à 14% par rapport à ce qu'il serait en restant dans l'UE. Les économies que pourrait réaliser Londres en ne contribuant plus au budget européen ne compenseraient en aucun cas le manque à gagner, préviennent les auteurs de l'étude.
What if...? The Consequences, challenges & opportunities facing Britain outsi...chmcorpp
E se...? As consequências , desafios e oportunidades que a Grã-Bretanha enfrentará fora da UE
Neste estudo, olharam principalmente o impacto econômico se a Grã-Bretanha deixar a UE. No entanto, dado que Brexit se resume em cálculos, as considerações não quantificáveis , tais como: perda de soberania e responsabilidade democrática podem ser o que determina se a Grã-Bretanha continua ou não a ser um membro da União Europeia.
In this study, we look primarily at the economic impact of Britain leaving the EU. However, given that Brexit comes down to a finely balanced calculation, unquantifiable considerations such as lost sovereignty and democratic accountability may be what in the end determines whether Britain remains a member.
Policy brief I co-authored. The paper explores options to make the most of the Transatlantic Trade and Investment Partnership in the current climate of strong Europe-wide opposition. Published in February 2015 by the European Council on Foreign Relations (http://www.ecfr.eu/).
Ivo Pezzuto - "BREXIT" - THE GLOBAL ANALYST - MARCH 2016 Dr. Ivo Pezzuto
In this article, Dr. Ivo Pezzuto analyzes the politcal, eocnomic, and social consequences of a potential "Brexit" scenario following Britain's referendum of June 23rd, 2016.
Is Technology Removing the ‘Care’ from Healthcare?MSL
We live in a digital age that is transforming healthcare. But, how does the industry need to adapt to fully engage in the digital future of the NHS?
New solutions are critical to embrace the benefits of improved digital technology in personalised care, while ensuring that patients are not marginalised in the process.
An enquiry led by US cardiologist, geneticist and digital medicine expert, Dr Eric Topol, explores how to support the deployment of digital healthcare technologies throughout the NHS.
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, United Kingdom and the United States.
Powered by AI: Communications and Marketing in the Algorithm AgeMSL
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, UK and US. We partnered with our colleagues at sister agency Publicis.Sapient who are experts in counselling companies and brands on the AI revolution.
A look inside the endless debate between traditional and digital media.
For more information write to Joshua Gardner, Vice President & North American Lead, Global Energy Practice, MSL | joshua.gardner@mslgroup.com
SCOTUS Launches New Economy with Legalized Sports BettingMSL
In a 6-3 decision in the case Murphy vs. National Collegiate Athletic Association, SCOTUS ruled that because Congress exceeded its constitutional authority when it passed PAPSA. In essence, Congress tried to prohibit state legislatures from repealing their existing statues that outlawed sports betting. Under a line of Supreme Court precedent known as the anti-commandeering doctrine, federal efforts to coerce states into enforcing federal law are unconstitutional violations of the Tenth Amendment.
To say this is just the beginning would be cliché, but what SCOTUS has wrought with its decision will have lasting consequences that go far beyond sports betting.
Our current consumption patterns are stretched to breaking point. Few would argue the need to fix our systems. It’s how to manage an economically viable and just transition that is making heads ache.
[Salterbaxter Directions] Moving The Goal PostsMSL
Is your business goal-ready to move beyond 2020? Explore a new generation of emerging sustainability goals that are unlocking business returns and driving transformational change.
The food market will experience rapid evolution in 2018, according to sector experts at MSL. A broad array of technological innovations will make it easier to acquire and consume foods and beverages tailored to our specific food needs, speeds and philosophies.
These insights emerge from the MSL’s annual analysis of top food trends compiled by its highly specialized food marketing and PR team, appearing as a shareable infographic. In recent years the agency’s forecast has been viewed more than 100,000 times. Past forecasts have spotted the emergence of major marketplace successes, including turmeric, coconut, ugly produce, food waste reduction and coffee as an ingredient.
The Second Technology Revolution: How the PR Business Needs To Change Once AgainMSL
Not even a decade after the PR industry turned on its head when social media ushered in the Age of Influence, technology once again is causing brands, companies and organizations to rethink its communication in dramatic ways. This time machines that process data and artificial intelligence, combined with immersive technologies like virtual reality, augmented reality and mixed reality, are creating new opportunities for “augmented influence” as well as giving communicators pause to manage a number of emerging new challenges from Machine Journalism to Artificial Influence.
SDG Signals - SBTribe Research by Salterbaxter MSLMSL
It’s been two years since the launch of the SDGs and the UN’s recent progress report highlights that support is uneven and needs to accelerate. New data sources, including
social media, continue to be vital tools to measure, monitor and report progress.
SDG Signals uncovers new insights about SDG communications online and which areas, people and brands are cutting through. We explore the overall SDG online conversation, providing clear opportunities for differentiation, with initial comparisons from the Technology and Food & Beverage sectors. Future editions will put the spotlight on other specific sectors and issue areas.
A joint initiative conducted by MSL and SPARK Neuro gives PR pros true cause for excitement. What was once only subjective – how much people are engaged with content and their emotional experience with it – can now be directly quantified by reading brain activity and other neurological responses.
For more information about Conversation2Commerce, email Erin.Lanuti@mslgroup.com or visit www.publicisC2C.com.
In PR2020, experts give us their perspective on what’s coming next in terms of tech disruptions, and how they believe this will impact the work we do. We explore influence, data, human science and machines, and our relation to them as communications professionals, business owners, governments, and human beings.
Write to us to start a conversation on how we can help you distill actionable insights and foresights from conversations and communities.
For more information contact Pascal Beucler, SVP & Chief Strategy Officer, Global, MSL (pascal.beucler@mslgroup.com) and Melanie Joe, Consultant – Research & Insights, MSL (melanie.joe@mslgroup.com)
[Salterbaxter Directions] Human Rights - The Time is NowMSL
Is your business up to speed on the risks and opportunities of human rights issues?
Learn from the early adopters of the UN Guiding Principles Reporting Framework and get ahead of the game.
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
News in the Times of Digital - Indian Media TrendsMSL
The way India consumes news is changing in this digital age. 20:20 MSL's media trends infographic assesses Print v/s Online media consumption and how communications professionals can choose the right media mix through a structured approach.
Connect with our insights experts or share your feedback with us on Twitter @2020MSL and @msl_group.
To supplement Qorvis MSLGROUP's Guide to the Trump Administration, we have created a set of appendencies highlighting expected cabinet and staff appointments as of 12/1/2016.
Governing a Divided Nation - Insights about the 2016 U.S. Presidential ElectionMSL
Public affairs and policy experts from Qorvis MSLGROUP have compiled an extensive election coverage and analysis of how the new U.S. President and Congress will move forward after one of the most bitter campaigns in American history.
For more updates, follow @qorvis or reach out to us on Twitter @msl_group.
Each year, Directions takes an in-depth look at an area of sustainability and communications. This time, we’re delving into the quite sizeable gap that still exists between business and society. It’s not the void that interests us so much as the question of how it can be shrunk.
How do we move from just minding the gap to actually mending the gap?
For more information, connect with @salterbaxterMSL or reach out to us on Twitter @msl_group.
Qorvis MSLGROUP has created a comprehensive guide to the Trump Administration. This document provides a first look at the people and players behind the most unlikely presidential campaign in American history.
For each person mentioned here, we have included a bio, a photo, and representative institutions and organizations affiliated with that person, so that the reader may better understand the relationships that influence the people who in turn are influencing President Trump.
For real-time updates, follow @Qorvis or reach out to us on Twitter @msl_group.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
1. Page 1
What Brexit Would Mean For Germany
Uncertain outlook and a kick-start for Frankfurt?
The United Kingdom is Germany’s third largest trading partner. If it were to leave the European
Union, repercussions would be felt across the German economy. The most imminent would be
uncertainty. Would a bilateral trade deal between the UK and the EU be in place in time for
Brexit? What would it entail? For instance, would EU standards continue to apply in the UK?
And would the bilateral deal be as favourable as current arrangements? These questions would
need to be answered quickly, although trade between the two countries would probably remain
unaffected in the immediate aftermath of a potential leave vote. German investors may start to
look elsewhere sooner. A country dropping out of the world’s largest single market would be
less safe, and therefore less attractive, place to invest. Investors need certainty to minimize risk.
They would not find it in the UK in the aftermath of a Brexit vote.
Ironically, Germany could also benefit from Brexit, although the extent of this tends to be
exaggerated in the German media. Large parts of Europe’s financial services industry are based
in the City of London and regulated by the British financial services regulatory body. Under
Brexit, they would find themselves outside of the EU, and companies with sizeable European
operations may be forced to relocate at least some of their London-based staff to other EU
countries. As Europe’s second financial city and seat of the European Central Bank, Frankfurt
would seem to be the obvious place for many of them to move to. It is estimated that as many
as 10,000 jobs could migrate from London to Frankfurt as a result of Brexit. However, claims by
some in the German media that Frankfurt could overtake London to become Europe’s new
financial capital are vastly overstated.
The political fallout: unsettling and destabilizing
Some Europhiles have been delighting that Brexit could finally get rid of a major obstacle to
further European integration. However, such rejoicing is not just misplaced, it is also mistaken.
The political fallout of a UK exit would be significant, and the drawbacks would far outweigh
the benefits. The UK and Germany are close allies in the European Council and Council of
Ministers. They tend to agree on key issues like free trade, competitive markets, fiscal
responsibility, etc. – and they often vote together. A British exit would see Germany – as well
as the Netherlands and the Nordic countries – lose a key ally and big hitter in the Council. So
far the big four (France, Germany, Italy, and the UK) have been equally split between North and
South. Without the UK, the balance would tip permanently in favour of the South.
Even more serious is that Brexit could set a dangerous precedent which could threaten the
cohesion of the European Union altogether. Although – like in other member states – support
for the EU is on the wane, Germans still believe in the Union as bringing peace, stability and
prosperity. For a country right at the centre of the EU and highly dependent on exports, this is
understandable and – together with the EU’s founding myth of Franco-German reconciliation –
goes some way to explaining why there are still more calls for deeper rather than less European
integration in Berlin. It is unfathomable for most Germans why anyone, or any country, would
want to leave the EU. A leave vote would be deeply unsettling for many in Germany.
2. Page 2
Florian Wastl heads MSL Germany’s corporate and public affairs team in
Berlin. He has over ten years of experience in communications and
specializes in guiding international corporations through the German
political and media landscapes. Prior to joining MSLGROUP in 2011,
Florian held a number of other communications positions, including as
press spokesperson and at the British Cabinet Office.