WARSAW, Poland (AP) – Poland’s Internal Security Agency has charged a Chinese manager at tech giant Huawei in Poland and one of its own former officers with espionage against Poland on behalf of China, Polish state television reported on Friday. The two men were arrested on Tuesday. Polish security agents also searched the offices of […]
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Ford Plans to Cut Thousands of Jobs Across Europe
LONDON — Ford Motor Company plans to cut thousands of jobs across Europe in a bid to reduce costs and improve profitability, the company said on Thursday. The company, which has 68,000 employees in Europe, including through joint ventures, did not specify exactly how many jobs would be lost, but […]
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Greece’s Great Hemorrhaging
ATHENS — Greece’s government, a coalition of a radical left-wing movement and a nationalist right-wing party in power since 2015, celebrated the end of the country’s third bailout agreement last August as a “return to normalcy.” Our European Union partners and creditors, who disbursed 288.7 billion euros in loans over […]
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The Euro at 20: An Enduring Success but a Fundamental Failure
Lambert: My very limited understanding of EU architecture is that the recurring crises to which it is subject are, by design, intended to bring about the “ever-closer union.” But perhaps that design has reached its sell-by date. By Barry Eichengreen, Professor of Economics and Political Science, University of California, Berkeley. […]
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The Interpreter: After a Rocky 2018, Populism Is Down but Far From Out in the West
LONDON — President Trump’s push for a border wall hints at a problem that populist leaders are facing across the Western world. After a year of setbacks, populist leaders and parties are trying to rejuvenate their fortunes by revitalizing the sense of crisis on which they thrive. But as with […]
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Britain Needs a Brexit Insurance Plan
HAMBURG, Germany — I learned by mail the other day that Brexit poses a risk to my life insurance. My Britain-based insurance company, unsure about whether it would legally be able to cover European Union citizens like me once Britain leaves the 28-nation bloc, wrote me that it intends to […]
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Buy/Drive/Burn: Big Ticket Convertible Time In 2009
Last time on Buy/Drive/Burn, we perused three rear-drive, metal folding roof convertibles from 2010. But some of you seemed less than pleased with the convertible trio. Sad! Keeping this in mind, today’s Buy/Drive/Burn ups the ante with three more convertibles, each costing over $90,000. Today’s convertibles sport luxury makes, rear-drive, […]
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1919: The Year of the Crack-Up
Throughout 2019, The New York Times Opinion section will publish an occasional series of essays on the ways in which the events of 1919 shaped the following century. In his essay “The Crack-Up,” F. Scott Fitzgerald wrote, “The test of a first-rate intelligence is the ability to hold two opposed […]
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Forget the Carbon Tax for Now
PARIS — The angry graffiti have been blasted off the Arc de Triomphe with water jets, leaving unnaturally white patches scarring the base of France’s national monument. The husks of incinerated cars have been cleared from the streets, the glass from shattered store windows swept up. The government has taken […]
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GDPR’s impact was too soft in 2018, but next year will be different
One of the defining moments for tech in 2018 was on May 25, when the EU implemented its General Data Protection Regulation — the ominous GDPR. The ambitious legislation is the toughest privacy and security law in the world and was meant to guarantee users better control over their over […]
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Being There: Our Favorite Dispatches From Every Corner of the Globe
This year, we invited you to come along as we joined a hunt for the caiman in Bolivia. To attend with us the funeral of a neighbor in Tehran. To traipse at our side the streets of a Russian village drowning in sand. To dodge vicious sea gulls in Rome. […]
Read More‘Kick Them Out’: Syrian Women Tell Europe to Send Men Home to Rebuild Country
Syrian women are complaining that there are not enough men to rebuild the county, and have told Europe and other Western countries that have absorbed their young men to “kick them out” and send them home. Journalist at Swedish public broadcaster SVT Johan-Mathias Sommarström travelled to Damascus, Syria, and spoke to some of the students […]
Read MoreCharlie Hebdo Journalist: ‘Islam Must Submit to Criticism’
Charlie Hebdo journalist Zineb El Rhazoui has received rape and death threats for saying “Islam must submit to criticism”. The journalist, who has lived under police protection since a number of her colleagues at the satirical magazine were murdered by radical Islamic terrorist for satirising the Prophet Mohammed, said she has received “Insults, racist insults, [and] […]
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America’s Allies Fear That Traditional Ties No Longer Matter Under Trump
BRUSSELS — America’s allies in Europe and Asia thought they had learned to digest and compensate for the instinctive unpredictability of President Trump. But the bitter resignation of Defense Secretary Jim Mattis and the abrupt announcement of plans to withdraw troops from Syria and Afghanistan are being viewed as watershed […]
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Italy and E.U. Reach a Budget Deal
ROME — Italy’s populists blinked. After months of defying and insulting officials in Brussels, the Italian government on Wednesday reached a deal with the European Commission to drastically reduce its debt and avoid being financially penalized by the European Union and punished by international markets. Speaking in Brussels, Valdis Dombrovskis, […]
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Don Quijones: Retail Melts Down Before Christmas in the UK, Spreads to Continent
By Don Quijones of Spain, the UK, and Mexico, and editor at Wolf Street. Originally published at Wolf Street With just one week left before Christmas, Europe’s fashion retail sector is showing little sign of yuletide cheer. On Monday, the shares of UK-based online fashion and cosmetics retailer Asos Plc plunged […]
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Allergan Halts Sales in Europe of Textured Breast Implants Linked to Rare Cancer
Breast implants made by Allergan that have been linked to an uncommon form of cancer are being taken off the market in Europe, French authorities announced on Tuesday. The implants, which have a textured or slightly roughened surface, rather than a smooth covering, cannot be manufactured or sold in Europe […]
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Brexit: “Managed No Deal” and Referendum Unicorns Dispatched, but How Long Before Anyone Notices?
Before we turn to the meat of today’s post (short because I am still recovering from a bad bug), it’s disappointing to see Corbyn make such a hash of things. I really would like to be able to cheer Labour on, but the party isn’t looking any more competent that […]
Read MoreJudge Blocks Deportation of Rapist Who Faked Christian ‘Conversion’
A judge has blocked an illegal immigrant’s deportation on the basis of “human rights” concerns despite conceding that the man — said to pose a “serious threat” to the public after raping a 17-year-old girl — only pretended to become Christian as a ploy to stay in Britain. Lord Justice Simon said he accepted that […]
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The UK’s Reform of Limited Partnership Law: Dead on Arrival (I)
“Scottish Limited Partnerships are used by thousands of legitimate British businesses – from pension schemes to owning farm land in Scotland – to invest more than £30 billion in the UK a year. We have seen mounting evidence that in their current form they are vulnerable to abuse. Last year […]
Read MoreParis: Arrests and Tear Gas as ‘Yellow Vests’ Protest Macron’s France
PARIS (AP) – Scuffles broke out between protesters and police in central Paris on Saturday on the sidelines of a largely peaceful demonstration, during the fifth straight weekend of protests by the “yellow vest” movement. Riot police fired small amounts of tear gas to disperse groups of protesters who headed down the side streets off […]
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Global Stocks Drop Amid a Worsening Economic Outlook in China
Stocks in Asia and Europe fell on Friday, and futures markets suggested shares in the United States would also drop as another week of volatile trading came to a close. In China, disappointing figures for retail sales and industrial output added to the country’s worsening economic outlook. Markets across Asia […]
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