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bubmag

Why the coronavirus outbreak raises the risk of a German recession this year Trade War

Why the coronavirus outbreak raises the risk of a German recession this year

Germany is in danger of being hit by a major economic crisis at the worst possible political moment. The supply shock caused by closed towns and factories in China, and gradually elsewhere, will hit the export-oriented industrial machine. And a divided and disoriented government seems incapable of taking the decisions…
bubmag
February 28, 2020
Catalan separatists pave the way for Spain’s future ‘progressive’ budget Catalonia

Catalan separatists pave the way for Spain’s future ‘progressive’ budget

The Spanish left-wing coalition government on Thursday (27 February) scored its first major political success, after the Parliament in Madrid approved the expenditure ceiling, a preliminary step for approving the new budget for the four-year legislature, EURACTIV’s partner EuroEFE reports. With 168 votes in favour, 150 against and 19 abstentions,…
bubmag
February 28, 2020
Proton Saga for Pakistan will use lower displacement 1,299 cc engine to secure better tax benefits – report Geely

Proton Saga for Pakistan will use lower displacement 1,299 cc engine to secure better tax benefits – report

In Cars, International News, Proton / By Anthony Lim / 28 February 2020 8:27 pm / 35 comments Yesterday, it was reported that Proton’s partner in Pakistan, Al-Haj Automotive, was in the process of introducing a range of Proton vehicles, including the Saga facelift, which is currently being tested and…
bubmag
February 28, 2020
Contagion Themes Spanish Flu

Contagion Themes

Good post from Nicholas Bagley in 2016 at the Incidental Economist. Every disease provokes its own unique dread and its own complex public reaction, but themes recurred across outbreaks. Governments are typically unprepared, disorganized, and resistant to taking steps necessary to contain infectious diseases, especially in their early phases. Local,…
bubmag
February 28, 2020
Turkey’s Erdogan to speak to leaders of U.S., Germany, France, Britain: NTV Tayyip Erdogan

Turkey’s Erdogan to speak to leaders of U.S., Germany, France, Britain: NTV

FILE PHOTO: Turkey's President Recep Tayyip Erdogan leaves after the Global Refugee Forum at the United Nations in Geneva, Switzerland, December 17, 2019, REUTERS/Denis Balibouse/File PhotoISTANBUL (Reuters) - Turkish President Tayyip Erdogan will speak with leaders of the United States, France, Germany and Britain, following an air strike that killed…
bubmag
February 28, 2020
Trump administration considers a centrally planned economy to deal with coronavirus Korean War

Trump administration considers a centrally planned economy to deal with coronavirus

The Trump administration is reportedly considering the possibility of re-implementing the Defense Production Act. Originally  enacted during the Korean War, the Act essentially empowers the President to control the means of production—the idea being that it would be in the interest of the nation's defense to force private manufacturers to…
bubmag
February 28, 2020