Datasets:
Recag
/
C4_2

Dataset card Data Studio Files
xet
Community
text
stringlengths
13
81.7k
But the answer is not simple. Some countries, led by France and Italy, are pushing for the bailout fund to be given the power to loan money to banks directly. But in order to get that power, banks first need to be under the supervision of the European Central Bank — hence the urgency of settling the details about the single supervisor.
The compromise included something for both sides — all 6,000 banks in the eurozone will be included, as France had wanted, as well as a mention that leaders would try to get a legal framework for the supervisor in place by Jan. 1.
But there is no firm deadline for the single supervisor to be up and running.
Analysts were struggling to see what was new.
"The real question then is whether this is a step towards allowing the European bailout funds to recapitalize banks directly and thus reduce the link between an individual sovereign and its banking system," said Gary Jenkins of Swordfish Research. "The answer appears to be 'yes' although we have of course been here before."
Markets in Europe appeared unimpressed by the progress made at the summit. Germany's DAX closed Friday 0.7 per cent down while the CAC-40 in France had fallen 0.87 percent. Meanwhile, on the currency markets, the euro against the dollar was off 0.3 percent at $1.3029.
Leaders pushing for a quick resolution on the bank supervisor declared victory on Friday.
"The new system will begin in 2013, and by that year it will operate recapitalizing the banks without the direct participation of governments," said Italian Premier Mario Monti.
But German Chancellor Angela Merkel and her allies were singing a different tune. Merkel has repeatedly said that the quality of supervision should take precedence over speed.
In Berlin, lawmakers in her party were claiming they'd won.
"The chancellor said here yesterday that, as far as the banking union and banking supervision are concerned, thoroughness goes before speed," Norbert Barthle, a senior lawmaker with Merkel's Christian Democrats, said.
Merkel also denied she was playing politics on the banking supervisor after suggestions she was pushing it off until after German elections next fall.
"This is a bad insinuation," she said. "I have no link in mind between the upcoming elections and the banking authority."
Thorny questions still remain about which banks would be eligible for the direct loans. Ireland, for instance, was forced into a bailout because of the expense of saving its banks — but it's unclear whether its banks would be eligible for relief from the bailout fund retroactively.
The bloc is also facing questions of how to help Greece out of its debt problems. The country's international creditors are currently deciding whether to hand out its next batch of loans, which Greece needs to avoid default and stay in the eurozone.
"The question of Greece's place in the eurozone must not be asked anymore," French President Francois Hollande told reporters, although he had earlier said it was not a settled matter.
Greek Prime Minister Antonis Samaras was upbeat after the summit, saying EU leaders had given Greece assurances rather than wishes.
"The climate has changed," Samaras said. "The general picture that was presented yesterday means that Greece will stay in Europe."
He added that a positive report from the trio of international lenders, known as the troika, would be sufficient for a new tranche of bailout funds to be released, and there would be no need to wait for another summit of EU leaders.
Without a new tranche of funds, he said, Samaras said that, Greece will run out of money on Nov. 16.
Don Melvin in Brussels and Geir Moulson in Berlin contributed to this report.
DIT student union has refused to endorse any property it believes is beyond the reach of the average student as the accommodation crisis rages on.
IRELAND’S HOUSING CRISIS has become all-consuming.
With housing activists blocking Dublin’s main thoroughfare at rush hour, things have just gotten mainstream, if they weren’t already.
But in the capital, it’s not just professionals and those with families who are feeling the pinch of sky-high rents and a calamitous lack of supply.
Dublin may soon become a student-hub for those from Dublin and no one else, for what average student can afford to pay €1,000 a month in rent?
The various student unions around the city know all about this problem, and it’s one they’re attempting to do something about.
Last week, Dublin Institute of Technology SU announced that it would no longer be willing to endorse any properties advertised with it for students that it felt was outside the reasonable side of affordability.
The plight of students tends to take something of a backseat to the homelessness and general housing crises. But developments in recent times have nevertheless been sobering for the sector.
The issue was brought into sharp focus in April when a group of DCU students staged a number of protests as part of the Shanowen Shakedown campaign, combating plans by a private provider to hike rents by 27%.
Meanwhile, purpose-built (and very expensive) student residences are popping up all round the city.
Most of the colleges tend to promote accommodation off their own bat via internal listings, meaning that the best places to stay won’t always end up on Daft or Gumtree.
But those places can have just the same problem seen in the wider market – exorbitant prices, driven by desperate competition to secure somewhere to live in time for term.
“We have taken the decision not to give these type of developments any platform on campus,” said Pierre Yimbog, president of DIT SU upon announcing the initiative.
DIT’s threshold for allowing advertising isn’t abundantly clear, though in promoting its plan, it made clear that “€250 per week is beyond the reach of most DIT students”.
But setting a cap, admittedly an arbitrary one, is a slightly unique endeavour. The other major Dublin colleges are more focused on promoting digs (where a student lives-in with a family, or landlord, and has meals provided, often on a Sunday-thru-Thursday basis) as, if not the solution, then at least best practice.
“In general we try to steer towards digs, rather than purpose-built private accommodation,” says Róisín Putti from Trinity College’s accommodation services.
For rental adverts, Trinity has a cap of €600 per month in place, which somewhat undershoots the Union of Students in Ireland’s (USI) own limit of €180 per week.
Not that Putti thinks digs are the answer.
“Digs should be a cheaper alternative, but you should still be able to afford rent on a lower budget,” she says.
Digs can’t solve the crisis, and loads won’t be filled. Most are Sunday to Friday, and that doesn’t cut it in this day and age.
She describes Trinity’s accommodation services as being in a “morally uncomfortable situation” having to advise others as to what the best they can do is.
UCD SU president Barry Murphy sees the ‘opt elsewhere’ problem as a major concern, while his own union’s stance is to “only advertise what’s fair, on a case by case basis, and we won’t advertise anything promoting certain hours only”.
“With digs you’ve got some homeowners taking advantage of the situation, like on the south side of the city you might have someone in Killiney or someplace similar putting a room up for €1,100 and saying that whoever comes in should feel privileged,” he says.
We’re saying no to that. But the fact remains we’re in the highest rent pressure zone in the country, and we’re seeing a distinctly two-tier level of accommodation coming on offer – sub-standard accommodation without any basic facilities and problems with sanitation that nevertheless still costs an arm and a leg, and purpose-built, far-too-expensive accommodation which is missing minimum standards.
“Like a place will have a cinema or daft luxuries that no one needs, but no oven. That needs to be changed, the government needs to intervene. But between substandard and silly luxuries, it’s hard to find the middle ground,” he says.
UCD SU, much like DCU across the city on the north side, sees digs as the least worst option.
“It’s not ideal, but if you could have a seven-day week with all bills and meals, then the value might just about make sense,” says Murphy.
In UCD they’re going for the Euro style – 3,000 beds on campus with ensuites, but that’ve giving people options they’re not looking for. And for an Irish family, on top of maybe €3,750 in fees, a further spend of like €11k is just extortionate.
“But no doubt we’re seeing a trend developing, the people going to Dublin colleges are Dublin-based. They don’t have the cost of accommodation. Rural-based? Much less so,” he says.
Maybe in Cork, Galway, Limerick, you might be paying €600 a month but you’re getting a big double room with a decent desk. You’re getting value for money.
As always, the million dollar question is what’s the solution? It’s a question the country has been asking for years now.
“It all flies on supply,” says Vito Moloney Burke, president of DCU SU.
But the real emphasis has to be on capping rental costs. And that can’t happen overnight, like say fees. It’s important to keep the pressure on.
“We just need more housing, more affordable housing,” agrees Putti.
Most professionals couldn’t afford what’s available at present. So how on earth are students supposed to?
Email “'Most professionals couldn't afford it' - student unions applying rent caps to ads to try and tame the rental crisis monster”.
Feedback on “'Most professionals couldn't afford it' - student unions applying rent caps to ads to try and tame the rental crisis monster”.
GENEVA (Reuters) - The number of migrants and refugees entering Europe by sea last month was roughly the same as that for the whole of 2014, United Nations refugee agency UNHCR said on Monday.
The monthly record of 218,394 also outstripped September’s 172,843, UNHCR spokesman Adrian Edwards said.
“That makes it the highest total for any month to date and roughly the same as the entire total for 2014,” he said. The UNHCR puts 2014 arrivals by sea at about 219,000.
At the peak, 10,006 arrived in Greece’s shores on a single day, Oct. 20. The vast majority of refugees and migrants to Europe have travelled via Turkey to Greece, a switch from the previously more popular African route via Libya to Italy.
The largest group by nationality are Syrians, accounting for 53 percent of arrivals, as a result of the civil war that has driven hundreds of thousands from their homes. Afghans come second, making up 18 percent of the total.
The flow of refugees into Europe, however, is still dwarfed by the numbers in Syria’s neighbours. Turkey, Lebanon and Jordan have Syrian refugee numbers exceeding 2 million, 1 million and 600,000 respectively.
Globally, 60 million people are refugees or displaced within their own country, not counting economic migrants.
UNHCR said in October that it was planning for up to 700,000 refugees in Europe this year and a similar or greater number in 2016.
But that plan has already been eclipsed, with 744,000 arriving so far. Some 3,440 are estimated to have died or gone missing in the attempt to escape to Europe.
“Certainly in 2016, we have to expect this level of arrivals to continue, and that’s because the facts that are causing people to move aren’t going away,” said Edwards.
Migration experts had expected the number of people making the hazardous journey by sea to dwindle as winter approached, but the boats have continued to arrive.
“We hope that there will be some reductions in the number of people crossing this year, simply to help with the manageability of the situation, but unfortunately, the underlying causes that are making people move across the Mediterranean to Europe are still there,” Edwards said.
The Greek coast guard said on Monday that four refugees drowned and another six were missing off the Greek island of Farmakonisi after their boat sank.
Four people were rescued. Eleven people, including six infants, drowned on Sunday when their boat capsized off the island of Samos, trapping them in the cabin.
America might be one of the youngest geopolitical nations around, but we've still got some interesting history to discover. Thanks to a partnership between Foursquare and the History Channel, some Foursquare users will learn a lot more about the history of their checkin locations over the next couple of months.
According to the History Channel's brand new Foursquare page, the initiative was concocted to promote America, The Story of Us, "an epic 12-hour television event that tells the extraordinary story of how America was invented. It is an intensive look at the people, places and things that have shaped our nation, and the tough and thrilling adventure that is America's 400-year history."
When users check in around various U.S. cities, they can find historical tidbits about their location and unlock the limited edition History Channel badge (pictured on the right). "For example," reads a release from the History Channel, "users in New York who check in to St. Paul’s Chapel will discover George Washington worshipped there on his Inauguration in 1789, and users in Los Angeles who check in at the Cinerama Dome will find out it opened in 1963 with the premiere of 'It's a Mad, Mad, Mad, Mad World' and that it’s the world’s only concrete geodesic dome."
Users will also be automatically entered into a concurrent sweepstakes, in which 10 randomly selected users will win prizes each week from April 25 through June 6.
Foursquare inked this deal back in February as part of a larger string of partnerships with big media brands. Zagat, Warner Bros and HBO all committed to Foursquare campaigns around the same time as the History Channel.
WPS will start construction on the Wausau Hydro dam this spring. The project will include replacing three dams, adding a heater and electrical work.
The Shawano Co. Sheriff’s Department is investigating vandalism at a cemetery.
At just 10 years old Wyatt and his mother Heather Hubert have coping with his anxiety down to a science.
The Yankee Group expects advertising in games to rise to $800 mln in 2009 from nearly $120 mln in 2004. $266 mln will come from "advergaming," when advertisers create a game around a product rather than place their brands within a well-known title.
The Yankee Group expects advertising in games to rise to $800 mln in 2009 from nearly $120 mln in 2004. $266 mln will come from "advergaming," when advertisers create a game around a product rather than place their brands within a well-known title. Massive Inc claims video game advertising would top $1 bln in the United States by 2010, and approach $2.5 bln worldwide, The Game Initiative reports.
The United Arab Emirates announced that, in its view, the war in Yemen is winding down, possibly signaling a drawdown for its participation in operations in the Saudi-led intervention. The UAE Minister of State for Foreign Affairs, Anwar Gargash, said in remarks released yesterday that the “war is over” (or “practically” over, in a different version of the speech) and that Emirati forces were now focusing on “monitoring political arrangements” and “empowering Yemenis in liberated areas.” The Emirati military has been particularly active in efforts to recapture areas of the country occupied by al-Qaeda in the Arabian Peninsula, and at least 80 Emirati troops have been killed in the intervention, which began in March 2015. Emirati troops remain in Yemen and are currently guarding strategic military positions.
Despite the Emirati announcement, the warring parties in Yemen seem no closer to reaching a negotiated settlement, and the internationally-recognized government is reportedly close to walking out of U.N.-backed peace talks in Kuwait. Yemeni Foreign Minister Abdul Malek Al Mikhlafi said that the talks have gone nowhere and “are revolving in a vacuum.” Earlier this week, the release of a three-point roadmap for a settlement proposed by the U.N. Yemen envoy was delayed due to disagreements between the parties. “The gap remains wide between the two sides,” a Western diplomat told AFP.
Wreckage from EgyptAir Flight 804, which crashed over the Mediterranean Sea on May 19, has been found on the ocean floor using specialized search vessels. Investigators are now working to reconstruct the crash field from the wreckage to determine the manner in which the plane broke apart, and are trying to locate and recover the flight data recorder, or black box, to determine the cause of the crash.
The Iranian government has charged Nazanin Zaghari-Ratcliffe, a British-Iranian dual citizen who works for the Thomson Reuters Foundation, with plotting a “soft toppling” of the regime; Zaghari-Ratcliffe was arrested on April 3 and earlier this week was reportedly being held in solitary confinement.
The Islamic State is preventing civilians in Fallujah from fleeing the city and shooting those who try to escape; earlier this week, the terrorist group killed a two-year-old child while shooting at people trying to leave the city by wading through irrigation channels.
The Iranian government filed a complaint with the International Court of Justice on Tuesday to recover $2 billion in frozen assets that the U.S. government has allocated to families of victims of Iranian-supported terrorist attacks, Iranian President Hassan Rouhani said yesterday.
Kurdish Regional Government officials say they are ready to negotiate a new oil export agreement with Baghdad if the central government guarantees payment of $1 billion each month; Iraqi Kurdistan stopped supplying crude oil to central Iraq last year and Baghdad froze use of an export pipeline that transits Kurdistan three months ago.
Ardit Ferizi, a hacker from Kosovo, pleaded guilty to providing material support to the Islamic State by accessing and publicly posting information about members of the U.S. military for use in terrorist attacks.
SAN JUAN – The United States has played three times against Puerto Rico. And about a zillion times against themselves.
The U.S. Olympic qualifying team is ready to get this process started. Now they need only to wait until 10 o’clock tonight when they play Brazil here.
“Their name is Brazil, that’s all I can tell you,” Tracy McGrady said.
Well, as ready as they’re going to be.
* Nick Collison, who has played on USA Basketball teams for six straight summers, aggravated his sprained right shoulder but said he will be available.
LONDON (Reuters) - British artist Henry Moore provided the inspiration for luxury label Burberry’s latest collection at London Fashion Week on Monday, with models strutting amid his sculptures in neutral designs influenced by his work.
At the British brand’s mixed menswear and womenswear catwalk show, Chief Creative Officer Christopher Bailey offered deconstructed knitwear, overhanging shirts and the fashion house’s trademark outerwear for both male and female wardrobes.
There were ivory lace dresses for women, worn with knits or over ruffled white shirts with frills and striped tops. Rope detailing adorned sweatshirt-like jumpers.
Bailey also presented one-shouldered short dresses, capes and loose indigo blue trousers. A pair of overalls in the same shade also made an appearance.
Men’s shirts also had lace detailing while trousers were high-waisted. A selection of jackets and Burberry’s famed trench coats came in sculpted shapes.