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jerryking : europe   45

European Mall Landlords Coping With Online Competition Better Than U.S. Owners - WSJ
Sept. 5, 2017 | WSJ | By Esther Fung.

Malls need to shift emphasis away from department stores and toward retailers that are less susceptible to competition from e-commerce........On average, department stores still occupy about 50% of the gross leasable area of shopping malls in the U.S., while similarly beleaguered apparel and accessory retailers take an additional 29%, said the CBRE report. Retail sectors that are growing, include restaurants, beauty and home furnishings, account for only a small percentage of the typical mall.

The traditional mall model, developed seven decades ago, is heavily dependent on categories that are no longer fast-growing or meeting today’s consumer demands,.....“Converting malls’ tenant bases to include more of the categories that in-person shoppers now favor won’t be an easy or quick fix,” ..... “But it is a necessary evolution for the mall industry to maintain its place as a cornerstone of American retail.”

One of potential obstacles is getting the buy-in of department stores, which usually hold contracts that hinder major changes to malls without their consent.

“Many department store chains gradually have become more accepting of change, but it isn’t a given. Those who reject change may do so at their own peril: There is a growing trend of mall owners buying out department store leases and redeveloping the space into restaurants and specialty stores,”
redevelopments  shopping_malls  landlords  Europe  restaurants  anchor_tenants  department_stores  CBRE 
september 2017 by jerryking
Trump Looks to Ex-Intelligence Officer, Putin Critic for National Security Council - WSJ
By FELICIA SCHWARTZ and PAUL SONNE
March 2, 2017

Ms. Hill is known in Washington policy circles for her clear-eyed view of Mr. Putin, viewing his background in the Soviet security services as critical to the way he approaches power politics and foreign policy. Ms. Hill’s selection was first reported by Foreign Policy.

“In the KGB, Putin learned how to probe people’s vulnerabilities, uncover their secrets, and use compromising information against them,” Ms. Hill wrote in a piece that appeared on Vox.com last summer. “In his view, other world leaders are essentially targets.”

Ms. Hill, currently at the Brookings Institution, previously served as an officer for the National Intelligence Council focusing on Russia and Eurasia. She co-wrote a book about Mr. Putin and his world view, and formerly worked at the Eurasia Foundation.
White_House  appointments  Europe  Russia  NSC  security_&_intelligence  women  U.S.foreign_policy  Brookings  think_tanks  Vladimir_Putin 
march 2017 by jerryking
Europe should forget Google and investigate its own shortcomings — FT.com
APRIL 22, 2016 | FT | by Michael Moritz

There’s nothing new about this strain of anti-Americanism running rampant in Brussels. Some of its intellectual roots stretch back 50 years to Jean-Jacques Servan-Schreiber, the French publisher and journalist, who tried to galvanise Europeans into countering the threat from across the Atlantic with the publication, in 1967, of The American Challenge. Its echoes can be heard in this week’s press conferences in Brussels. Forget the fact that American ingenuity and daring has brought to hundreds of millions of Europeans phones cheaper and more powerful than the supercomputers of the 1970s, thousands of films and TV shows that can be streamed at the touch of a button, free text-messaging services, books that are delivered overnight and thousands of comfortable cars that can be summoned at a moment’s notice.

Rather than pointing across the Atlantic and seeking scapegoats, the Commissioners who have just launched another fusillade against one of their favourite American bogeymen may want to start a series of investigations into Europe’s own shortcomings. This may be a more fruitful exercise than reigniting the spent flames of the 1960s.
1967  Michael_Moritz  Google  Facebook  Silicon_Valley  anti-Americanism  monopolies  Europe  EU  shortcomings  Sequoia  ingenuity  daring 
may 2016 by jerryking
A crisis for many years, and many reasons, to come - The Globe and Mail
JEFFREY SIMPSON
The Globe and Mail
Published Saturday, Sep. 05, 2015

The reasons are easy to identify, the consequences extremely difficult to assess, the solutions complicated and uncertain.

Europe is politically stable and prosperous; Africa and the Middle East are not. Europe’s population is steady or declining; Africa and the Middle East have exploding numbers. Europe’s geography is not seriously affected by climate change; parts of Africa and the Middle East, already dry, are getting drier and therefore less fertile.

War is all but unimaginable in Europe; military conflict is a fact of life in Afghanistan, Iraq, Syria, Yemen, Libya. Human rights are respected throughout Europe (with a few exceptions); human rights are systematically abused by authoritarian and theocratic regimes in some African and many Middle Eastern countries. Women have made startling advances in almost every walk of European life; women are still discriminated against in too many parts of Africa and the Middle East.

These pressures pushing or enticing large numbers of people toward Europe will not disappear. If anything, they will intensify as the years go on, because climate change, demographic pressures, fierce intrareligious rivalries, the lack of respect for pluralism and a host of other entrenched realities will not bend to moral entreaties or military interventions from Western countries.
migrants  refugees  Europe  crisis  human_trafficking  failed_states  Jeffrey_Simpson  root_cause  Non-Integrating_Gap  Functioning_Core  emerging_countries  developed_countries  demographic_changes  decline  climate_change  religious_intolerance 
september 2015 by jerryking
How Canada could be doing more to stop the migrant crisis - The Globe and Mail
COLIN ROBERTSON
Special to The Globe and Mail
Published Tuesday, Sep. 01, 2015

For David Miliband, the former British foreign secretary who heads the International Rescue Committee, the solution requires attention both upstream and downstream.

Upstream, the military must contain the conflict, with humanitarian relief for the displaced, while diplomacy works to resolve the conflict.

Downstream, the challenge is to share the burden. This means quickly determining who is a bona fide refugee rather than economic migrant. It requires police and intelligence collaboration to curb the human traffickers. The final step is expediting refugee resettlement and integration into new homes and the eventual return of migrants to their own lands once peaceful conditions are restored.

Failure to address the upstream will overwhelm the downstream. As a first step, Mr. Miliband says, the international community must help those states on the edges of conflict zones with their growing humanitarian burden.
migrants  refugees  Europe  crisis  human_trafficking 
september 2015 by jerryking
Gazprom to Ukraine: Pay up or else
Apr. 11 2014 | - The Globe and Mail | CARL MORTISHED.
Ukraine  Gazprom  Europe  Vladimir_Putin  natural_gas  pipelines  EU 
april 2014 by jerryking
Finns Pitch Frightful Weather as a Competitive Advantage - NYTimes.com
November 15, 2013, 9:02 am 8 Comments
Finns Pitch Frightful Weather as a Competitive Advantage
By MARK SCOTT

In Europe’s crowded technology scene, cities are eager to differentiate themselves from local rivals.

London has its connections with global finance. Berlin has a thriving local arts and music community. And Helsinki has its wintry weather....“Weather is a competitive advantage for us,” said Christian Lindholm, a local entrepreneur, who – like many in Finland’s tech community – spent several years working at Nokia. “Too much good weather would be bad for us.”

The Finnish tech industry is going through a reboot as focus shifts from struggling Nokia, which is selling its cellphone division to Microsoft for $7.2 billion, to some of the country’s smaller companies.

The most recent success is Supercell, the local online gaming company...tech firms are also benefiting from the investment flowing into companies based in and around Helsinki. With a lack of Finnish early-stage investors to back start-ups, much of the funding still comes through government support, including from Tekes, the country’s technology and innovation agency, and other state-backed venture funds.

The government money varies from one-off grants for research and development at universities to six-figure investments aimed at boosting start-ups efforts to market their products in international markets.
cities  competitive_advantage  differentiation  Europe  EU  Finland  Finnish  games  healthcare  Helsinki  mobile_applications  Nokia  start_ups  state-as-facilitator  weather  winter 
november 2013 by jerryking
Spying Known at Top Levels, Officials Say - NYTimes.com
October 29, 2013 | NYT | By MARK LANDLER and MICHAEL S. SCHMIDT.

Mr. Clapper and the agency’s director, Gen. Keith B. Alexander, vigorously rejected suggestions that the agency was a rogue institution, trawling for information on ordinary citizens and leaders of America’s closest allies, without the knowledge of its Washington overseers.

Their testimony came amid mounting questions about how the N.S.A. collects information overseas, with Republicans and Democrats calling for a congressional review, lawmakers introducing a bill that would curb its activities and Mr. Obama poised to impose his own constraints, particularly on monitoring the leaders of friendly nations. At the same time, current and former American intelligence officials say there is a growing sense of anger with the White House for what they see as attempts to pin the blame for the controversy squarely on them.

General Alexander said news media reports that the N.S.A. had vacuumed up tens of millions of telephone calls in France, Italy and Spain were “completely false.” That data, he said, is at least partly collected by the intelligence services of those countries and provided to the N.S.A.

Still, both he and Mr. Clapper said that spying on foreign leaders — even those of allies — was a basic tenet of intelligence tradecraft and had gone on for decades. European countries, Mr. Clapper said, routinely seek to listen in on the conversations of American leaders.
security_&_intelligence  espionage  Europe  sigint  NSA  leaders  eavesdropping  spymasters  James_Clapper  spycraft 
october 2013 by jerryking
Private Investors Shift Focus to Continent - Google Drive
Feb. 9, 2004 | Chemical market Reporter | Anonymous.

Private equity investors' focus is shifting from the UK, where some private equity specialists predict increased acquisition activity in chemicals this year, to continental Europe, especially Germany and France. The European chemicals sector, which currently has an estimated $12 billion of assets on offer, is increasingly attractive to private equity companies owing to continued consolidation and restructuring by global producers, as well as stronger competitive pressure from Asia.
private_equity  chemicals  Europe 
january 2013 by jerryking
Tech drives nails into coffins of Europe’s weak economies
Nov. 30 2012 | The Globe and Mail | by ERIC REGULY.

Technology is having a devastating effect on employment, which in itself is not new. What is new is that the job destruction everywhere among low-skilled workers seems on the verge of being repeated among white-collar jobs. That is the theory of Erik Brynjolfsson and Andrew McAfee, digital economy specialists at MIT and authors of Race Against the Machine, a book about the digital revolution and how it is reshaping employment and entire economies.

Technology has been displacing jobs since the Industrial Revolution, but the lost jobs were more or less replaced with new jobs
Eric_Reguly  Europe  EU  debt  Erik_Brynjolfsson  technological_change  Andrew_McAfee  digital_economy  MIT  Greece  technology  job_destruction  job_displacement  automation  white-collar  low-skilled  weak_economy  digital_revolution 
december 2012 by jerryking
Not All Bad - WSJ.com
February 20, 2003 | WSJ |By R. JAMES WOOLSEY
Europe 
june 2012 by jerryking
The Spirit of Enterprise - NYTimes.com
By DAVID BROOKS
December 1, 2011

Nations like Germany and the U.S. are rich primarily because of shared habits, values and social capital....People who work hard and play by the rules should have a fair shot at prosperity. Money should go to people on the basis of merit and enterprise. Self-control should be rewarded while laziness and self-indulgence should not. Community institutions should nurture responsibility and fairness.

This ethos is not an immutable genetic property, which can blithely be taken for granted. It’s a precious social construct, which can be undermined and degraded.

Right now, this ethos is being undermined from all directions. People see lobbyists diverting money on the basis of connections; they see traders making millions off of short-term manipulations; they see governments stealing money from future generations to reward current voters.

The result is a crisis of legitimacy. The game is rigged. Social trust shrivels. Effort is no longer worth it. The prosperity machine winds down....The real lesson from financial crises is that, at the pit of the crisis, you do what you have to do. You bail out the banks. You bail out the weak European governments. But, at the same time, you lock in policies that reinforce the fundamental link between effort and reward. And, as soon as the crisis passes, you move to repair the legitimacy of the system.

That didn’t happen after the American financial crisis of 2008.
David_Brooks  Europe  moral_hazards  euro_zone  European_Union  bailouts  gaming_the_system  values  social_capital  social_fabric  social_cohesion  covenants  legitimacy  social_trust  social_contract  laziness  self-indulgence  self-control  undermining_of_trust  locked_in  financial_crises 
december 2011 by jerryking
Portugal begs former colony Angola for a bailout.
For Sale: Europe Begs Its Former Vassals for a Bailout

By Michael Moran

| Posted Wednesday, Nov. 23, 2011,
BRIC  Europe  austerity  cutbacks  debt  Portugal  Angola 
november 2011 by jerryking
China should throw Europe a lifeline - The Globe and Mail
WEI GU
Reuters Breakingviews
Published Thursday, Oct. 27, 2011
debt_crisis  Europe  China 
october 2011 by jerryking
Truck wash updates
Feb2009 | Truck & Driver | Anonymous
EBSCOhost  Awash  Europe 
june 2011 by jerryking
Pharma Edges Toward 'Patent Cliff' - WSJ.com
JUNE 15, 2011, By STEN STOVALL.

The European pharmaceuticals sector has long been chugging toward a
so-called patent cliff, when many top-selling drugs will lose legal
protection, unleashing generic versions onto markets that will sap
billions of dollars of revenue from "Big Pharma." The cliff is fast
approaching. White-knuckled investors have been hoping that drug makers
would have found replacement products by now or adequately diversified
themselves to withstand the impact. Indeed, some are better placed, and
some already have taken much of the hit, such as GlaxoSmithKline PLC,
which also has hopefully put behind it exposure to huge legal claims
regarding its once top-selling diabetes drug Avandia. Still, an
estimated $250 billion in sales is at risk through 2015, according to
data from Internet pharmaceuticals consultancy EvaluatePharma.
patents  pharmaceutical_industry  expirations  Europe 
june 2011 by jerryking
globeadvisor.com: Cracking the challenging European market
September 2, 2010 | Globe & Mail | CATHERINE McLEAN
Special to The Globe and Mail
A wide variety of languages, laws and consumer needs can be obstacles to
working across the pond. A Calgary maker of bicycle carts rides tandem
with a German partner, and gains valuable insights
bicycles  diversification  exporting  market_entry  Europe  consumer_needs 
september 2010 by jerryking
Buffett reveals European strategy: It's all in the family
Apr 24, 2008 | The Globe and Mail. pg. B.14 | Josh P.
Hamilton. ``Billionaire Warren Buffett, who will embark on a four-city
European trip next month to meet with owners of family businesses, has
for years been laying the groundwork for an acquisition in Europe.

At the centre of that effort is Angelo Moratti, scion of the founding
family of Italian energy company Saras SpA. Mr. Moratti is helping to
organize a tour that is scheduled to take the Berkshire Hathaway Inc.
chairman to Milan, Madrid, Frankfurt and Lausanne in the third week of
May.`` ...`Mr. Moratti is a "bird dog" who may be able to point Mr.
Buffett to profitable ventures in Europe, said Tom Russo, who helps
manage more than $3-billion, including Berkshire shares.``
ProQuest  Warren_Buffett  family-owned_businesses  Europe  scouting 
september 2010 by jerryking
FT.com / Reportage - A venture capitalist’s European mission
April 24 2010 | Financial Times | By Jonathan Moules who profiles Saul Klein of Index Ventures.
venture_capital  start_ups  Europe 
april 2010 by jerryking
Innovation sets the trend:
Mar 26, 2001 | Financial Times pg. 06 | by Gillian Cribbs.
The numbers in Europe may not be impressive compared with the US, but
some companies in Europe are displaying a greater degree of
sophistication in the way they are setting up corporate universities;
[Surveys edition]
Freshbooks  corporate_universities  Europe  online_training 
november 2009 by jerryking
Ahmadinejad's routine
21/10/06 G&M op-ed.

Muslim silence in the face of Mr. Ahmadinejad's foolish rants is highly
damaging. Unopposed, such dangerous radicals as Mr. Ahmadinejad may
appear to be speaking for a large portion of the Islamic world. That
helps no one, least of all Muslims.
Europe  op_ed  Iran  Ahmadinejad  Muslim  silence  moderates  anti-Semitism  double_standards 
february 2009 by jerryking
What ails Europe?
Friday, June 17, 2005 WSJ op-ed by historian Paul Johnson.
In a must-read editorial in today's Wall Street Journal, historian Paul Johnson lays out what ails Europe today.
History  op-ed  Europe  historians 
february 2009 by jerryking

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