The French Defense Ministry plans to purchase one thousand Ford Ranger trucks to replace its 32-year-old fleet of Peugot jeeps. The Argentine and South African-built truck, chosen over competing models from Citroen and Dacia, can hold up to five soldiers and boasts a 1,000kg cargo capacity. Continue reading France to purchase 1,000 American trucks for military patrols
Member states in the Council of the EU reached a tentative agreement on April 29 to institute carbon market reforms on January 1, 2019. The agreement came after the Czech Republic defected from the Polish-led blocking minority that would have delayed the reforms until 2021. Due to its heavy reliance on the fossil fuel for … Continue reading EU Carbon Market Reforms Bumped to 2019
Despite strict guidelines and the revitalized EU Transparency Register, a who’s-who list of lobbyists accredited with the European Commission, several loopholes continue to allow business and interest groups close access to Commission officials. By hiring attorneys instead of registered lobbyists and wooing junior officials rather than their bosses, interest groups can keep their meetings discreet … Continue reading Bending the rules: five tactics to duck Commission lobbying regulations
Facing expensive rent, limited apartment availability and dismal job prospects, many Slovaks continue to live with their parents well into adulthood. With annual salaries as low as €6000, many young Slovaks can’t afford to pay €500 per month to rent an apartment in central Bratislava. Just as they are living at home for longer, Slovaks are … Continue reading Checking out of “Hotel Mama?” Today’s Slovaks aren’t in a rush
Russia is in the midst of a lost year, with stark economic stagnation and the lowest growth rate since a crippling recession in 2009, according to a new analysis released by the World Bank. With low oil prices persisting since mid-2014, Russia’s oil revenues have plummeted and capital flight has become a growing problem as exporters … Continue reading Pinching rubles: A bleak prognosis for the Russian economy
In two bold firsts, Switzerland is issuing ten-year bonds with a negative 0.05 yield, while Mexico has introduced a new 100-year bond denominated in euros with a 4.2 percent yield. With a yield far higher than any comparable eurozone-issued bonds, Mexico’s bond, initially launched at EUR1.5 billion, could see purchasers collectively earn EUR63 million on … Continue reading Swiss, Mexican bonds enter new territory