Every morning Abulrahman leaves his normal primary school lessons in Vienna and joins about 20 other children for three hours to learn to read, write and speak German. Despite conservative Chancellor Sebastian Kurz's new coalition partners, the Greens, having expressed concerns about the controversial policy, it looks set to continue. Kurz has pledged to maintain his anti-immigration reforms -- with junior partner, the Greens, conceding -- including the special classes, which the government argues allow children with weak German skills to learn at their own pace without holding others back.
Donald Trump is expected to meet with EU leader Ursula von der Leyen in Davos, Switzerland, next week, three sources said on Friday, as tensions mount between the allies over tariff threats and the U.S. president faces an impeachment trial at home. Just days after Trump scored big victories by inking a partial trade deal with China and passing a revamp of the North American Free Trade Agreement, he will travel to the World Economic Forum where he is expected to discuss deepening trade disputes with the European Commission president. The White House and the European Commission did not immediately respond to requests for comment.
From grumpy bee-keepers dumping honey on politicians' doorsteps to furious farmers holding up traffic, increasing tensions between farmers and environmentalists have overshadowed the opening of the biggest show on Germany's agriculture calendar. Aggrieved at Germany's latest agricultural reform that includes introducing an animal welfare label on food products and restrictions on pesticides to protect insects, the protesters claim they are carrying the costs for new environmental protection measures.
Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No. 1:19-cv-08437-RS, on behalf of shareholders of Pattern Energy Group Inc. ("Pattern" or the "Company") (NASDAQ:PEGI) who have been harmed by Pattern's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with Canada Pension Plan Investment Board (the "Proposed Transaction").
Pinnacle Holding Company is proud to announce the hiring of Doug Logan to lead its brand-building effort in Central New York and nationwide. With 21 offices in 9 states, Pinnacle provides an ecosystem of opportunity in the financial services industry. Of its many businesses, the largest are Pinnacle Investments, LLC*, a dually registered broker-dealer / Investment Advisor and Pinnacle Employee Services, LLC, a Professional Employer Organization (PEO) providing payroll, human resources and benefits to businesses.
The delivery wait is over — PURA D'OR Argan Oil, the best selling Organic Argan Oil on the internet, is now available at select CVS stores nationwide, meeting the demand for the all-in-one product for the healthiest-looking skin and hair.
The Preccelerator® Program, a Santa Monica, California-based early-stage startup accelerator focused on technology and digital media startup companies, announced today that it has hired Len Lanzi, former Executive Director of the Los Angeles Venture Association, as its new Managing Director. The addition of Mr. Lanzi to the Preccelerator team will broaden the network and continue to strengthen its resources and commitment to the Southern California tech community that it has become well known for.
Loden Vision Centers, a leading comprehensive ophthalmology company with 5 locations across the greater Nashville and surrounding areas, today announced the appointment of the senior executive, Matthew Pierre, to serve as its Chief Executive Officer.
The president’s trade adviser recently made the case in the Wall Street Journal that the president’s tariffs have helped the economy. I’ll examine some of its claims in sequence. Excerpts from him are in italics.Though the current economy is among the strongest of the past 50 years, critics of President Trump’s transformational trade policies continue to insist that the tariffs are hindering rather than helping the boom.Of course an economy can be strong while also being hindered by misguided government policies. The administration itself takes the view that some government policies, which it would like to change, harm the economy.Why have the gloom-and-doom forecasters been so wrong?Navarro has at this point not identified any forecaster who has been wrong—and, spoiler alert, he won’t go on to identify one—although we can stipulate that anyone who thought that tariffs would by themselves stop a relatively strong economy from being relatively strong was indeed incorrect.The economy has added more than seven million jobs during the Trump presidency, and more than 2.4 million Americans have risen out of poverty. This is all great news, but it merely restates the banal point he made earlier (we have had a strong economy and tariffs) without proving his distinct headline claim (tariffs have helped the economy).This jarring disconnect between the forecasts and the real Trump economy would be comical if the policy stakes weren’t so high.Again, identifying a mistakenly pessimistic forecast would not establish that the tariffs have been helpful; but Navarro hasn’t even done that in this op-ed.What is sorely missing from these forecasts is a “general equilibrium” analysis of tariffs, which would assess the whole economy, with a concomitant “dynamic scoring” of their effects, to account for the new investment tariffs induce.You might expect that Navarro is about to perform or cite such an analysis. He isn’t. Note also that his hypothetical analysis does not commit to accounting for any investment the tariffs prevent from happening.Here’s an equally important consideration, this one regarding strategy: President Trump’s imposition of actual tariffs has made the threat of tariffs more credible, and a variety of Trump tariff threats have borne robust results. These include the successful renegotiation of two of the worst trade deals in U.S. history, the North American Free Trade Agreement and the deal struck with South Korea in 2007. The administration also forged a new pact with Japan that will boost American electronics along with farmers and ranchers.At best this would establish that the long-term benefits from these deals were worth the short-term pain the tariffs inflicted on the economy, not that the tariffs had helped it. But they don’t establish even that. The new version of NAFTA is largely the same as the old one, with some modest changes that for the most part were either available to the U.S. without tariff threats or are likely to cause net economic harm (see here for more). The major change in our trade deal with South Korea was its expansion of the number of auto exports we are allowed; our carmakers weren’t hitting the old quota. And so on.In addition to missing the upside of supporting American industries, critics overlook the ways the U.S. has suffered under open trade. Research by economists like MIT’s David Autor has illustrated the socioeconomic harm caused by expanded trade with China in the 2000s, which contributed to the loss of tens of thousands of American factories and millions of manufacturing jobs and the hollowing out of many Midwest and Southern communities.There’s a lot to be said about this oft-misused research, but let’s again go back to the central claim Navarro is making. Autor has said that the “China shock” his colleagues and he analyzed is over. The existence of prior harms does not imply that tariffs today counteract those harms.We have two hundred years of economic theory and decades of studies suggesting that tariffs usually and on balance impose economic harms on countries that impose them. As Navarro implicitly concedes, every analysis of the effect of Trump’s tariffs has found them to impose net harms on the U.S. economy too. Against the weight of that consensus we have Navarro’s unsupported speculation that a more complete analysis would up-end it. How much weight should we put on his view? It seems relevant that Navarro has repeatedly shown that he does not understand how national income is calculated.Our economy is strong, and it should help the president’s reelection bid. There is no reason to doubt, however, that its strength has come in spite of Trump’s tariffs rather than because of them.