|Posts on Regator:||2097|
|Posts / Week:||6.3|
|Archived Since:||April 18, 2011|
“WE CAN manage this” declared Angela Merkel, Germany’s chancellor, in 2015, as thousands of asylum seekers made their way towards Europe. Germany’s borders stayed open and some 900,000 people arrived that year. Many predicted social chaos and Mrs Merkel’s downfall.
WHO would bet against the Sage of Omaha? In 2007 Warren Buffett, America’s most accomplished investor, predicted that during the next ten years the S&P 500, the country’s leading index of large-capitalisation shares, would outperform a portfolio of hedge funds. He offered a $1m bet to anyone who disagreed.
AMONG the most contentious issues in negotiations over Brexit is the status of expatriates. Over 3m people from European Union (EU) countries outside the British Isles currently live in Britain, and around 1.2m Britons reside elsewhere in the EU.
Bill and Melinda Gates are increasingly worried about the future, according to a report published this week by their foundation.
DONALD TRUMP is no fan of the technology industry. He has proposed restrictions on H-1B visas, which are commonly used by Silicon Valley firms to recruit foreign talent, and labelled Amazon a “no-tax monopoly” that is doing “great damage” to traditional retailers.
The accompanying chart contains the strongest of language. A milder version can be found here. FEW corners of the internet are more likely to celebrate the news of another royal baby than Mumsnet. Users of the parenting website, founded in 2000, welcomed last week’s announcement with a flurry of excited messages and grinning emojis.
HURRICANE IRMA tore through Florida on September 10th, causing widespread flooding and wind damage. Although the unusually large storm unleashed its fury on the entire peninsula, its centre moved up the state’s west coast, striking the mainland with the greatest force when it made landfall at Marco Island, near the city of Naples.
ON THE campaign trail, Donald Trump promised a “total and complete shutdown of Muslims entering” America if he were elected president. One week after taking office, he tried to implement this policy, signing an executive order that prevented citizens of seven Muslim-majority countries from coming to America for 90 days.
THE fidget spinner has three paddle-shaped blades attached to a central, weighted disc containing ball bearings. Flick a blade and it spins—for as long as 12 minutes, if it’s an advanced model from Japan.
AMERICAN households are woefully overtaxed. That was the message delivered by President Donald Trump on September 6th in Mandan, North Dakota. Mr Trump told supporters that Americans labour under a “crushing” tax burden that puts the country at an economic disadvantage.
JULIAN ASSANGE, the founder of WikiLeaks and apparently an amateur demographer, is worried about Europe’s declining birth rate. In a recent tweet he posited that “Capitalism + atheism + feminism = sterility = migration”, and noted that the leaders of Britain, France, Germany and Italy are all childless.
THE influence industry in Washington is doing more with fewer people these days, if the official figures are to be believed. According to the Centre for Responsive Politics (CRP), a watchdog, lobbying expenses for the first six months of the year amounted to $1.67bn—the highest since 2012.
DRAGONS have long been revered in Chinese culture. As a result, children born in the dragon years (or "dragon children") of the zodiac calendar are thought to be destined for success in later life. A recent working paper by Naci Mocan and Han Yu, two economists at Louisiana State University, probes this superstition.
CHINA’S high-speed rail system, just a decade old, is now one of the biggest infrastructure projects in history. The government in Beijing has spent an estimated 2.4trn yuan ($360bn) building 22,000km (13,670 miles) of high-speed rail lines, more than the rest of the world combined.
A QUARTER of a century after it began, the English Premier League is unrecognisable. Just 13 foreigners appeared on its opening weekend in August 1992; the clubs’ collective revenue in its first season was €300m ($356m). By contrast, in the 2015-16 season players from some 65 countries were represented and earnings passed €4.8bn.
POLITICS and sheer hatred aside, there is no shortage of blind spots in the rationale behind America’s mounting restrictions on immigration. Immigrants are a boon to America in many ways.
HOUSTON is being battered by its worst storm in 50 years. Tropical Storm Harvey dumped almost 50 inches (1.27 metres) of rain in some areas in just over four days, with more set to come. That is a record for a tropical system in mainland America.
CAN political Islam come to terms with liberal democracy? Saudi Arabia and the other countries currently putting pressure on Qatar claim that the whole Islamist spectrum is beyond the pale (though some have found an accommodation or made tactical common cause with Islamists in Gaza, Yemen and Syria).
Since the financial crisis, productivity growth has slowed across the rich world. But one industry in particular has been lagging for a much longer period: construction. Over the past twenty years, the value added per hour worked in the sector globally has risen at a quarter of the rate of manufacturing.
BRITAIN’S latest net migration figures (immigration minus emigration) suggest that the country’s vote to leave the European Union is taking a toll. The net migration number for the year to March 2017 was 246,000, down by 81,000 compared with a year ago.