DAILY NEWS IN ENGLISH
Brexit: Migrants give UK a wide berth as other options abound Several countries, including the United States, Germany and Japan are currently experiencing the tightest labor market in a decade. In Britain, however, a shortage of candidates to fill positions to fuel the countryʼs buoyant economy is being exacerbated by Brexit, as workers from other European Union countries leave in droves or stay away altogether. Nearly half of all UK employers say they are struggling to fill vacancies, the Recruitment and Employment Confederationʼs (REC) said in its latest "JobsOutlook" report, published on Wednesday. The recruitment industryʼs trade body says 53 percent of companies intending to hire temporary staff are also grappling with a lack of agency workers. The number of EU nationals working in Britain fell by 132,000 to 2.25 million in the three months to September compared with the same period last year, according to the UKʼs Office for National Statistics.
EU shoots down Italyʼs budget plans, again The EU Commission has again rejected Italyʼs proposed budget on Wednesday, paving the way for financial sanctions to be applied in the next few months. The Commission confirmed its assessment that "Italyʼs draft budget plan is in particularly serious non-compliance" with EU debt rules, Commission Vice President Valdis Dombrovskis said in Brussels. Dombrovskis said with the Italian governmentʼs current plan "we see a risk of the country sleepwalking into instability." "We conclude that the opening of a debt-based excessive deficit procedure is warranted," he added, referring to the EUʼs disciplinary process against member states for over-spending. The Commissionʼs step is required for countries whose debt levels are above the Eurozone threshold and who are not doing enough to reduce borrowing.
266/2018 • 22 NOVEMBER, 2018
EU calls on Hungary to explain asylum for former Macedonian prime minister The European Union commissioner in charge of membership policy says he wants answers
A former Macedonian prime minister wanted for corruption in his home country says he was granted asylum in Hungary.
Organic farmers protecting Italyʼs rich food tradition Limoncella, Etna, Gravenstein — these are just some of the heirloom apples and other crop varieties that Italian organic farmers are growing in a bid to save the countryʼs vibrant food heritage. Cristiano del Toro walks amid olive and apple trees, tomato plants and beanstalks planted in a crisscross pattern. The grass between the crops on the small plot grows high. It hasnʼt been mowed for some time, shrugged the Italian apologetically. "It shows I havenʼt been here for a while," he explained, as he strolled down the hill to his property in Castiglione Messer
Raimondo, a small village in the shadow of the Apenninesʼ highest peak, Gran Sasso. As he walks, he points out another farm on the other side of the valley. "That is oldfashioned agriculture, just like mine, there are some olive trees left and right, but not neat in a row like on the field next to it," said del Toro. Del Toro grows everything on his 4 hectares (9.9 acres) of land organically and using traditional methods, which is why his olive and grapevines donʼt stretch out in the straight lines that have come to typify the vineyards of Italy and elsewhere.
New Hitler biography looks into dictatorʼs personality In recent months, right-wing extremists in Germany have shown no restraint in attacking the countryʼs culture of remembrance, aiming to end the way Germany recognizes and deals with its Nazi past. Far-right nationalists downplay the horrors of the Third Reich as just a short chapter in an otherwise glorious history, or as co-leader of the Alternative for Germany party Alexander Gauland put it, "Hitler and the Nazis are just bird s--- in more than 1,000 years of suc-
cessful German history." Such statements are dangerous, believes historian and journalist Volker Ullrich: "Anyone who decides to patch together such a euphemistic account of history," he said, "is agitating the foundations of this republic." Ullrich has now completed his two-volume biography on Adolf Hitler. The author sees Hitlerʼs rise to power as a cautionary tale on how fast a democracy can unhinge, and on the fine line separating civilization and barbarism.
South Korean to head Interpol, beating out Russian candidate Interpol members elected South Koreaʼs Kim Jong Yang as the organizationʼs new president on Wednesday, voting against a Russia-backed frontrunner in the race. Kim was the organizationʼs acting president, a role he took on in September after Interpolʼs previous chief, Meng Hongwei, went missing in China. Chinese authorities saidMeng had been detained on corruption charges.He supposedly resigned from his role in absentia. Kim was elected in Dubai during Interpolʼs annual general assembly. He will preside over the organization until the end of Mengʼs term in 2020. According to a tweet on Interpolʼs account, Kim told the general assembly in Dubai: "Our world is now facing unprecedented changes which present huge challenges to public security and safety."
Parents spend state child payments wisely, concludes study A study published Wednesday by the Bertelsmann Foundation debunked widespread misconceptions that grants doled out directly to parents end up being spent on alcohol, tobacco and glitzy electronics rather than on the children intended to benefit from them. The studycoincides with a push for more equitable direct grants by Social Democrat ministers in Chancellor Angela Merkelʼs coalition Cabinet and alarm expressed by welfare organizations over the 3 million — or one-in-five — children in Germanyclassified as at risk of living in poverty.
weather today BUDAPEST
3 / 5 °C Precipitation: 3 mm
266/2018 • 22 November, 2018
Invisible and dangerous: The Salafist scene in North Rhine-Westphalia There are more Salafists in North Rhine-Westphalia than in any other German state. The scene has all but vanished from the public eye in its stronghold. But it is still very active, as DW is told by numerous sources. "Speak after me," the red-bearded German convert and Salafist preacher Pierre Vogel says as he publicly summons the young woman. Cheered on by an enthusiastic crowd in the pedestrian zone of the western city of Offenbach, she does exactly that, and repeats the words of the Islamic profession of faith. That was in 2010. The conversion was filmed and uploaded to YouTube — just one example of the many videos shared online from the heydays ofSalafist missionary work in Germany. Until 2016, the scene had a self-confident and sometimes aggressive public appearance. Bearded men in baggy pants and flowing white robes such as Pierre Vogel regularly distributed free German-language editions of the Koran in market squares and pedestrian zones.
Jose Mourinho: Football Association to contest decision not to charge Man Utd boss The Football Association will appeal against a decision not to charge Manchester United manager Jose Mourinho for comments he made after a match. The FA claimed that Mourinho swore in Portuguese to a television camera as he walked off the pitch following a 3-2 win over Newcastle on 6 October.
Europe looking to find its platform for the digital age
Indiaʼs currency tumbles amid rising oil prices
What binds the most successful companies in the world together? According to some, itʼs so-called "platform" business models. And if European firms want to compete in the digital age, they need to catch up.
The rupee has dropped over 12 percent against the US dollar since the beginning of 2018, earning it the unfortunate distinction of Asiaʼs worst performing currency this year. Economists blame risingglobal crude prices for the slide. India imports 80 percent of its oil needs and soaring prices have blown a hole in the nationʼs finances. The country also imports huge quantities of items like gold and electronics, swelling its import bill further. Indiaʼs current account deficit (CAD) will also likely widen to 2.8 percent of GDP in financial year 2018 — up from 1.9 percent last year — according to consultancy Nomura Research Institute. CAD is a measure of the flow of goods, services and investments in and out of the country. Still, macroeconomic problems resulting from a higher CAD and depreciating rupee are not Prime Minister Narendra Modiʼs biggest concerns. His administration is more worried about growing public discontent due to the rise in petrol and diesel prices.
"While we are talking, a revolution is happening!" declared German Economy Minister Peter Altmaier as he opened the Platform Economy Summit in Berlin on Tuesday. The threeday conference in the German capital is focused on the concept of "platform" business models as a tremendously powerful driver of commerce and innovation in the digital age. A platform business model is described by the organizers as "a business with a focus on facilitating interactions and transactions between multiple producers and consumers over a shared tech-
nical platform." Although the concept itself is not as well-known as its most spectacularly successful exponents — think Apple, Amazon, Google, Microsoft, Facebook, Tencent or Alibaba — being a major player in the "platform economy" has increasingly become a common denominator among the most valuable companies in the world. The example of how a platform business model transformed Apple, the first trilliondollar company and currently the worldʼs most valuable, was highlighted by the first speaker.
How mysterious smell memories overpower us Out of nowhere, a random odor can send you hurtling back to a childhood memory, and you wonʼt know why. Our sense of smell is as important as all the other senses — seeing, hearing, taste, and touch. To some, it may even be one of the more important ones, as it relies on the subconscious. It taps into things we cannot understand. Odors can bring pleasure and ring warning bells. They are emotional. Some researchers say that kissing may have originated from a desire to first smell a partner — before our lips ever connected. Thatʼs deep.
And, yet apparently, we are unable to evoke smells in the same way we visualize — in our mindsʼ eye — paintings, photos, people, or other things weʼve seen, done and experienced. Just think back to the first time you met a friend or the first partner you ever kissed. You may remember exactly what they wore and what you talked about. You may even be able to hear the conversation in your head. But you would have a hard time evoking how they smelled or what other smells you picked up around you. Indeed, you may remember the smells by name — like "they smelled of apple pie" — but could you actually smell that in your mind?
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Disaster-prone nations threatened by huge insurance gap New research from Lloydʼs and CEBR has shown that vast assets are underinsured, posing a huge threat to livelihoods particularly in poorer nations. Those most at risk are also those with the lowest insurance levels. Disaster-prone developing nations are exposed to crippling losses when storms, floods or earthquakes strike, because they suffer from a dangerous lack of insurance, industry experts said Monday. Globally, assets worth about $163 billion (€141 billion) are not insured against catastrophes, posing a significant threat to livelihoods and prosperity,Londonbased insurance market Lloydʼs said in a fresh report. The value of underinsured assets had shrunk by only 3 percent since 2012, it noted. Many nations with the lowest levels of insurance were also among those most exposed to risks, including from climate change impacts, and were least able to fund recovery efforts, the study stressed. "If insurance is not available,catastrophes can have a much greater impact on economies and lives, Lloydʼs Chairman Bruce CarnegieBrown said in a statement. Emerging and low-income nations accounted for almost the entire global insurance gap, the report noted.