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Showing posts with label Capital. Show all posts
Showing posts with label Capital. Show all posts

4/4/22

Russia - Florida Relations: Talking About Russian Wealth Is 'Bad for Business' in South Florida - by Hillary Hoffower

Sunny Isles Beach, Florida, is keeping its lips sealed on the Russian wealth that lives there.

"They love to be here, and they like to spend their money and enjoy their life," Lana Bell, a Russian real-estate agent, told NewsNation correspondent Brian Entin of her wealthy Russian clientele right before Russia invaded Ukraine.

Bell didn't respond to multiple emails that I sent requesting to meet last week when I was in Sunny Isles. It's the same silence I received from other real-estate agents. One agent I did speak with deflected my question about Russian buyers, saying there weren't any. Sunny Isles Beach, Florida, is keeping its lips sealed on the Russian wealth that lives there.

Originally a place that attracted both tourists and immigrants fleeing communism in the Soviet Union, this pocket of Florida's Miami region saw a luxury-development boom at the turn of the century. Ever since, a number of Russian elites have parked money in the high-rise condos that tower over the ocean. But amid the rising tensions of the Russia-Ukraine conflict, many people don't want to talk about the money that helped fuel the city's economy and its nickname as "Little Moscow."

"They love to be here, and they like to spend their money and enjoy their life," Lana Bell, a Russian real-estate agent, told NewsNation correspondent Brian Entin of her wealthy Russian clientele right before Russia invaded Ukraine.

Bell didn't respond to multiple emails that I sent requesting to meet last week when I was in Sunny Isles. It's the same silence I received from other real-estate agents. One agent I did speak with deflected my question about Russian buyers, saying there weren't any.

Read more at: Talking About Russian Wealth Is 'Bad for Business' in South Florida

12/15/18

Australia recognizes West Jerusalem as Israel's capital

Australia recognizes west Jerusalem as Israel's capital. Third country to do so, but first to recognize only West side.

Read more at: 

12/6/17

Israel: Global leaders regret, reject Trump recognition of Jerusalem as Israel's capital

World leaders and diplomats reacted with dismay after US President Donald Trump on Wednesday officially recognized Jerusalem as the capital of Israel and declared the American embassy will be moved from Tel Aviv to the city.

The move addressed Israel’s long-standing claim to the city as its undivided capital, but leaders around the world warned it could harm peace efforts and spark violence.

French President Macron said the decision was “regrettable” and called to “avoid violence at all costs.”

Speaking at a press conference in Algiers, where he was visiting, Macron stressed “the commitment of France and Europe to the two-state solution, Israel and Palestine living side by side in peace and safe in internationally recognized borders with Jerusalem as the capital of the two states.”

British Prime Minister Theresa May firmly opposed the development and declared the UK had no intention of moving its own embassy.

“We disagree with the US decision to move its embassy to Jerusalem and recognize Jerusalem as the Israeli capital before a final status agreement,” she said in a statement from her office. “We believe it is unhelpful in terms of prospects for peace in the region. The British Embassy to Israel is based in Tel Aviv and we have no plans to move it.”

The status of Jerusalem, she continued, “should ultimately be the shared capital of the Israeli and Palestinian states.”

German Chancellor Angela Merkel “does not support” the decision her spokesman said Wednesday.

The German government “does not support this position because the status of Jerusalem can only be negotiated within the framework of a two-state solution,” spokesman Steffen Seibert wrote on Twitter.

United Nations Secretary-General Antonio Guterres said he had “consistently spoken out against any unilateral measures that would jeopardize the prospect of peace for Israelis and Palestinians.”

“Jerusalem is a final status issue that must be resolved through direct negotiations between the two parties on the basis of the relevant Security Council and General Assembly resolutions, taking into account the legitimate concerns of both the Palestinian and the Israeli sides,” he continued.

European Union Foreign Minister Federica Mogherini said in a statement that the EU was concerned about the development and called for restraint by all parties.

“The European Union expresses serious concern about today’s announcement by the United States President Trump on Jerusalem and the repercussions this may have on the prospect of peace,” she said. “The EU position remains unchanged. The aspirations of both parties must be fulfilled and a way must be found through negotiations to resolve the status of Jerusalem as the future capital of both states.”

“The EU calls on all actors on the ground and in the wider region to show calm and restraint in order to prevent any escalation,” Mogherini urged.

“A negotiated two-state solution, which fulfils the aspirations of both sides, is the only realistic way of bringing the lasting peace and security that both Israelis and Palestinians deserve,” she added.

Italian Prime Minister Paolo Gentiloni tweeted that “Jerusalem is a holy city, unique in the world. Its future must be defined in the context of the peace process based on the two states, Israel and Palestine.”

Swedish Foreign Minister Margot Wallstrom came out against the US recognition of the Israeli capital tweeting it was “vital to protect Jerusalem’s special status as established by the UN and respect UN security council resolutions.”

The European Union, she noted, has a clear position on Jerusalem as “a final status issue and future capital for two states. Unilateral action on Jerusalem jeopardizes peace and stability in region and beyond.”

The Representative Council of Jewish Institutions in France (CRIF) issued a statement calling on Macron to follow Trump’s lead and recognize Jerusalem as the capital of Israel

“The CRIF salutes the historic decision of US President Donald Trump to recognize Jerusalem as the capital of the State of Israel and the upcoming transfer of the US Embassy,” the organization said in a statement. It called on Macron “to engage our country in the same courageous step” in order to “revive a sincere dialogue to achieve by negotiation a lasting peace” between Israel and the Palestinians.

US Ambassador to Israel David Friedman welcomed Trump’s decision, tweeting that the president “displayed the ultimate test of leadership and courage by standing up for what’s just and true, even in the face of stiff opposition. Jerusalem is Israel’s capital today as it was 3,000 years ago.”

“Congratulations,” he wrote, “for this historic decision.”

Trump’s action, making good on an election campaign promise, marked a major milestone for Israel’s efforts to gain international legitimacy for its claims to Jerusalem. Israel calls Jerusalem its undivided capital, but the international community has refrained from recognizing it as such pending final status negotiations with the Palestinians, who seek the eastern half of the city as their own seat of power in a future state.

Israel’s government rejects partition of the city.

Note EU-Digest: This disastrous decision by the President of the United States could be - "the Straw which broke the Camel's back" - when it comes to the US achieving any future success as it relates to their Middle East Foreign Policy.

From: Global leaders regret, reject Trump recognition of Jerusalem as Israel's capital | The Times of Israel

10/14/14

ISIS Capital Raqqa: Rare Footage of Raqqa, Syria, Shows Calm Streets in ISIS' Capital while terror reigns

There are few obvious signs of anything out of the ordinary in ISIS' capital city. Food sellers and overflowing stalls open onto the dusty streets of Raqqa, Syria, while women wearing veils push strollers along the sidewalk. But residents living in the ISIS stronghold say the militants maintain that calm though violence. "Everything has changed in the city of Raqqa since ISIS has taken over and we have been living in a state of fear," a 21-year-old salesman who asked not to be named told Transterra Media. "They do field executions in front of our eyes."

Raqqa is among the cities overrun by ISIS before it decreed an Islamic state covering parts of Iraq and Syria earlier this year. The rare footage of Raqqa's streets shot by Transterra hints at ISIS’ oppression: A man with a rifle slung over his shoulder wanders past and ISIS graffiti covers a central monument. "ISIS is patrolling all over the city to ensure the application of laws they imposed on us," said one 19-year-old woman who is training to become a tailor. A 13-year-old boy added: "The day ISIS took over Raqqa they took our childhood from us. They don't allow us to go to school anymore."

Read more: Rare Footage of Raqqa, Syria, Shows Calm Streets in ISIS' Capital - NBC News.com

3/14/14

European Wealth: The Richest People In Europe

With 468 billionaires, Europe claims 28% of the world’s ten-figure fortunes adding up to an aggregate net worth of $1.95 trillion. Russia leads the count with 111 billionaires – the same number as the state of California – while Germany has the second-highest, boasting 85 ten-digit fortune.

The United Kingdom is home to 47 billionaires, slightly more than its neighbor across the Channel, France, which claims 43 billionaires. Georgia, Guernsey, Lithuania and Romania each have just one billionaire.
An indication of a strong economy, Germany saw 26 new super-fortunes in 2014, earning it the third-highest number of billionaire freshman. Only the U.S.A and China had more first-time billionaires.

This week, Europe’s richest man, Amancio Ortega, saw his net worth fall 3.1%, to $62 billion. He is now the world’s fourth-richest person following downgrades of Ortega Inditex, the parent company of his retailer, Zara.

No European has ever landed the top spot on Forbes’ global wealth list, but the continent is home to the world’s richest woman, Liliane Bettencourt. Aged 91, the French cosmetics queen is worth $34.5 billion, thanks to her L’OrĂ©al empire.

A third of Europe’s 52 richest, listed below, earned their fortunes in fashion and retail, including brand names Miuccia Prada and Giorgio Armani, as well as H&M giant Stefan Persson, who is third-wealthiest in the continent. (Not all industries are as glamorous; German Georg Schaeffler made his $14.3 billion from ball bearings.)

Prada is just one of six women in this shortlist of Europe’s richest. She is joined in this elite group by Bettencourt, BMW’s Susanne Klatten and Johanna Quandt, beverage inheritor Charlene de Carvalho-Heineken and oil heir Carrie Perrodo.

Several of Europe’s richest live outside their country of citizenship. Though an Irish passport holder, Pallonji Mistry lives in Mumbai, India. Hansjoerg Wyss lives in Wilson, Wyoming, while both Wertheimer brothers live in New York.

Read more: he Richest People In Europe

10/27/12

Britain: Wealth, Capital and Power -"The Rich Don’t Get Richer" - by John Rentoul

I once wrote a book called The Rich Get Richer, which was about a period, the 1980s, when it was true.

Since then, I have spent much of my time trying to point out that, despite what everybody knows, the degree of inequality in Britain has stayed about the same since the sharp increase during the Great Thatcher Divisiveness. In particular, I have pointed out that it was a remarkable achievement for the New Labour governments to have avoided any significant increase in inequality in an open economy such as Britain’s.

One problem with this defence of Labour’s record is that, while information on the distribution of incomes is of high quality, the only consistent and comprehensive data series on the distribution of wealth was abandoned in 2003 because officials at HM Revenue & Customs decided it was “not suitable” for estimating the distribution of wealth. I reported this at the time.*

The reasons are explained more fully in the HMRC’s UK Personal Wealth Statistics 2008-10, which refers us instead to the Office for National Statistics’ Wealth and Assets Survey, the first of which was conducted in 2006-08. I had ignored it because, as the first survey of its kind, it did not tell us anything about trends over time.

However, in July this year the results of the second wave of the Wealth and Assets Survey were published, covering 2008-10. A summary is here, but the interesting bit is Chapter 2, which includes this table:

ATT00001 The Rich Dont Get Richer

Read more: The Rich Don’t Get Richer | John Rentoul | Independent Eagle Eye Blogs