35 Burst results for "European"

Pentagon says allies will unite to train Ukrainians on F-16s, but warns jets aren't 'magic weapons'

AP News Radio

00:56 sec | 5 d ago

Pentagon says allies will unite to train Ukrainians on F-16s, but warns jets aren't 'magic weapons'

"The Pentagon says European allies are developing a program to train Ukrainian forces on flying F-16 fighters, but it's also issuing a warning about expecting too much from the jets. There's no magic weapons in war. Joint chiefs chairman Mark milley says for one thing, F-16s are expensive. The jets themselves. And the pilots to go with them and the system costs and the missiles and the maintenance do the math. $2 billion for ten aircraft. The Russians have a thousand fourth and 5th generation fighters. And Ukraine will need a substantial amount if it wants to contest Moscow in the air. The smartest thing to have done is exactly what we did do. Which was spend money first on getting Ukraine air defenses and ground capabilities that have allowed them to hang in the fight. Millie says had the F-16s come first. You wouldn't have tanks you wouldn't have Bradley's. You wouldn't have anti army weapons. You wouldn't have anything else. You'd spend all your money on just that. Sagar Meghani, Washington.

$ 2 Billion 5TH Bradley European F-16 F-16S Mark Milley Millie Moscow Pentagon Russians Sagar Meghani Ukraine Ukrainian Washington A Thousand First Fourth ONE TEN
"european" Discussed on ESPN FC

ESPN FC

02:11 min | 6 d ago

"european" Discussed on ESPN FC

"I'm going to beat him in a race. Why? I'm going to beat him in a race. How old is he, Shaq? He's 15. He'll be 16 next month. No chance. No chance. I'll tell you what, I'll beat him. Give him the money, and then you're going to look bad. Got a couple of years. All right. No. Maybe next year, not this year. What's going to be at stake, Shaq? And can we get some action on him, please? Beating you. I can't remember what the bet was, you know. What sort of length are we talking? About 60 meters is about... Yes, it's true. I'm thinking miles. I need it long enough so that, because it takes a little while, for the turbos to kick in, you know what I mean? Yes. So I need it maybe about 60, maybe about 60, 70 meters is about right. You've got no chance. The turbos run all kind of quick, so I can't go any further. Make sure somebody films this, Shaq. Don't you worry. Hey, get an ambulance ready. No, I'm ready. No, I'm telling you. I'm telling you. Absolutely, I will. Here we go, yeah? I might drive up to more. Have you guys seen the kind of force and momentum that an incident of racism has seen in Vinicius Jr.'s case? And is this a welcome sign? Tim asks, is apologizing Red Card rescinded Footballing World United, Shaq? Yeah. Listen, first of all, to the first part of the question, I have not seen a reaction anything like it. I think that speaks to the issue and how big the issue has been in Spain, how it's been ignored. It speaks to how big a star Vinicius Jr. is and the job that he's done just in confronting the issue at every single opportunity that he has. This is a welcome sign in Spanish football, in world football. The challenge now for all of us who are determined to see anti -racism not just in the game, but in society, is to maintain that energy, to keep everything that we've seen over the last couple of days and make it long -term as opposed to a weekend, an incident to end a season. Lots of questions as well, with Kieran being on about Arsenal, Kieran.

"european" Discussed on ESPN FC

ESPN FC

03:11 min | 6 d ago

"european" Discussed on ESPN FC

"Welcome in to the latest edition of ESPN FC, I'm Dan Thomas joined the studio today by Shakir Hyslop and Stevie Nicker. We'll kick things off in the Premier League and what a match it's announced to be between Brighton and Manchester City end -to -end for pretty much 90 minutes, thoroughly entertaining. It'll be Phil Foden who'd open the scoring for Guardiola's side in the 25th minute and then an incredible strike from NC, so we'd see Brighton equalise just before the break. That guarantees then Brighton a place in the Europa League next season as they sit sixth. They can't be caught now by Aston Villa. For more on this, this is our comedian Kieran Gibbs to the show. Kieran, how good was this game? It was brilliant. Oh, what a game, what a game. But it was all about Brighton tonight for me, the performance typified Brighton season, European football, thoroughly deserved. And it's just a great football story. When you think about where they've come from, it's pretty remarkable, really. I mean, even losing the manager and the players that they have this season, you would have thought that they would have struggled. But the way they adapt and deal with things that are thrown at them, it's as though it makes them stronger. And these are the results when you have a pretty much thoughtlessly run club. They'll probably lose a few players next season, but I think if the recruitment stays how it's been in the last few years, they won't be worried at all. They've probably already been planning for it, but no, they've been a joy to watch all season. How open was this game, Stevie? Mental. There was no midfield play. It was basically one team goes forward and if they lose the ball, the other team is right. The plan is get at them as quick as you can. Yeah. So the thing just went back and forward. How it was only 1 -1 is beyond me. Both sides could have had three or four goals. But as a spectacle in a game as to what you'd sit, watch a game. You I don't think there's been a better game to sit and watch all season, quite honestly. That's a bit of a stretch. From the first minute to the last minute of this game. All right. Yeah. Absolutely. One hundred percent. Right. Try and pick up. It was a great game. Great game. Yeah. That has not been as enjoyable. He's just trying to wind you up, Stevie. He's just trying to wind you up. No, sometimes he actually believes what he says. He does. Real Madrid against Liverpool is similar in Champions League. Not from the first minute to the last minute. What's first minute? You were great for 20 minutes. You fell asleep, lost all those goals out. Well, not for 70 minutes. Let's talk about what City should do, Stevie. Now, obviously, they've got one game remaining in the Premier League. That's Brentford on the final day. And then it's the FA Cup and Champions League. Seven starters. I think when you take a look at the starting 11 from City today, you can say seven of them will be guaranteed to start in the FA Cup. How do you handle their fitness, their mentality, their everything over these next few days? Well, the first two things you asked me was the fitness and the mentality. Yeah. I would suggest that the fitness, absolutely 100 per cent, would be the go -to. Once he assesses and once he gets the information from all his staff, where everybody is physically, then

Meta fined record $1.3 billion by EU over handling of user data

AP News Radio

00:45 sec | Last week

Meta fined record $1.3 billion by EU over handling of user data

"Union's slapped social media giant meta, with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic by October. The penalty fine from Ireland's data protection commission is the biggest since the EU's strict data privacy regime took effect 5 years ago surpassing 2020 ones huge hit on Amazon for data protection violations. The Irish watchdog is metas lead privacy regulator in the 27 nation bloc, because the Silicon Valley tech giants European headquarters is based in Dublin meta has vowed to appeal and ask courts to immediately put the decision on hold the company adds there's no immediate disruption to Facebook in

$ 1.3 Billion 2020 27 5 Years Ago Amazon Atlantic Dublin EU European Facebook Ireland Irish October Silicon Valley Union
Russia-Georgia flights resume despite protests, strained ties

AP News Radio

01:07 min | Last week

Russia-Georgia flights resume despite protests, strained ties

"Direct flights have resumed between Russia and Georgia, amid protests and sharp criticism, just over a week after the Kremlin unexpectedly lifted a four year old ban, despite rocky relations between the nations. Georgian police clashed with protesters who had gathered at the airport to meet an azimuth airlines flight from Moscow, the first to arrive from Russia for four years, with signs and slogans criticizing the Kremlin pro European organizer Ellen Koch taria rejects any sign of pro Russian sympathies. The geopolitical decision of Georgian government and Russian government to resume the flights, which is basically the instrument to take back Georgia under Russian influence. And we don't want to be in Russia. Our choice is the Georgian aviation authority this week had authorized two small Russian airlines asimov and red wings to launch flights to two cities in Georgia. I'm Charles De Ledesma.

Charles De Ledesma Ellen Koch Taria European Georgia Georgian Kremlin Moscow Russia Russian First Four Year Old Four Years Just Over A Week This Week TWO
 Russia launches 'exceptional' air attack in Kyiv with drones, missiles

AP News Radio

00:41 sec | 2 weeks ago

Russia launches 'exceptional' air attack in Kyiv with drones, missiles

"Ukrainian officials say Russia's launched an intense air attack on Kyiv, using a combination of drones, cruise missiles and ballistic missiles. The head of Keith's military administration says that the majority of the missiles were struck down by air defense that debris, causing damage to at least one non residential building. It's the 8th time this month that Russian air raids have targeted the capital a clear escalation after weeks of lull and ahead of a much anticipated Ukrainian counter offensive. It also comes as president volodymyr zelensky concludes a whirlwind European tour to greet Ukraine's key wartime allies, which spurred an

8TH European Keith Kyiv Russia Russian Ukraine Ukrainian At Least One This Month Volodymyr Zelensky Weeks
UK promises more arms for Ukraine as Zelenskyy meets Sunak on European tour

AP News Radio

00:41 sec | 2 weeks ago

UK promises more arms for Ukraine as Zelenskyy meets Sunak on European tour

"President volodymyr zelensky was in Britain on his whirlwind European tour, as the staunch ally of Keith, promised to give Ukraine hundreds more missiles and attack drones in an effort to change the course of the war with Russia. Zelensky thanked Britain for its support so far sing in way of preparing very important counter offensive steps, speaking together with British prime minister riches sunak in the garden, he declined to go into detail to not compromise the operation. Zelensky added, we really need some more time, not too much. There are no secrets from our Friends, but there are some secrets from our neighbors. I'm Charles De Ledesma.

Britain British Charles De Ledesma European Keith Russia Ukraine Zelensky Hundreds Volodymyr Zelensky
Europe's outlook for economic growth brightens — a little

AP News Radio

00:44 sec | 2 weeks ago

Europe's outlook for economic growth brightens — a little

"The European Union's executive body has raised its economic growth forecast. Officials say Europe's dodged a winter recession that was feared amid an energy crisis, but stubbornly high inflation is likely to keep hurting the economy by sapping people's ability to spend in a spring forecast the European Commission says it expects improved economic growth of 1.1% this year. That's up from .9% in the commission's previous predictions in February, but the European economy faces persistent challenges from inflation and rising interest rates that the European Central Bank is unleashing to try to tame spikes in consumer prices. I'm Charles De Ledesma

. 9 % 1.1 % Charles De Ledesm Europe European February The European Union 'S Spring The European Central Bank The European Commission This Year Winter
Zelenskyy visits UK on European tour seeking military aid

AP News Radio

00:40 sec | 2 weeks ago

Zelenskyy visits UK on European tour seeking military aid

"President volodymyr zelensky is visiting the UK on a European tour seeking military aid. Zelensky is in Britain as the staunch ally of Ukraine prepares to give more military aid in an effort to change the course of the war with Russia. It is the fourth European country zelensky has visited in the past few days. He made an unannounced visit to Paris on Sunday evening to meet president Emmanuel Macron after earlier trips to Germany and Italy, meeting those countries leaders as well as Pope Francis, a message posted on Monday on zelensky's official telegram channel, says he would meet my friend Rishi for talks. Office confirmed the two leaders would meet at chequers, the prime minister's country retreat outside London, Charles De Ledesma, London

Britain Charles De Ledesma Emmanuel Macron European Germany Italy Londo London Monday Paris Pope Francis Rishi Russia Sunday UK Ukraine Zelensky Evening Fourth The Past Few Days TWO Volodymyr Zelensky
 Zelenskyy barred from addressing 'nonpolitical' Eurovision Song Contest

AP News Radio

00:43 sec | 2 weeks ago

Zelenskyy barred from addressing 'nonpolitical' Eurovision Song Contest

"The European song contest has barred Ukraine president volodymyr zelensky from addressing the final of the pan continental music competition. Zelensky had been expected to use a video address on Saturday to urge the world continue its support for Ukraine's fight to repel Russian invasion. Now the European broadcasting union says letting zelensky participate would bridge the non political nature of the event overtly political lyrics, signs and symbols are banned at Eurovision, but politics can't be shut out entirely. Russia was banned from the contest after it had invaded Ukraine last year. Last year's contest was won by Ukraine and the UK has

European Eurovision Last Year 'S Russia Russian Saturday UK Ukraine Zelensky Last Year Volodymyr Zelensky
European Central Bank slows pace of rate hikes but vows more

AP News Radio

00:49 sec | 3 weeks ago

European Central Bank slows pace of rate hikes but vows more

"The European Central Bank hiked interest rates by a quarter point today and hinted at more adjustments to come. Like the U.S. Federal Reserve, the European Central Bank appears to be stepping back with a quarter point interest rate increase after a string of rate hikes aimed at snuffing out inflation, but at a news conference in Frankfurt, Germany, Central Bank president Christine Lagarde, says they have further to go. Based on the information we have today, we have more ground to cover. And we are not pausing at extremely clear. Economic growth in the Eurozone has slowed to a crawl in inflation has declined for several months, but at 7% it's still far above the bank's goal. The inflation outlook continues to be too high and for too long. The guard says risk to economic growth include upheaval in the U.S. banking system, a slowdown in lending, wage and profit pressures in Russia's war against Ukraine. I'm Jennifer King

Jennifer King European Central Bank Christine Lagarde U.S. Federal Reserve Central Bank 7% Frankfurt, Germany Today Eurozone U.S. Russia President Trump Ukraine Quarter Point A Quarter Point
Europe's inflation inches up ahead of interest rate decision

AP News Radio

00:46 sec | Last month

Europe's inflation inches up ahead of interest rate decision

"Europe's inflation goes up ahead of an interest rate decision. The blocks painful inflation inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank to unleash another large interest rate increase EU agency eurostat says consumer prices jumped 7% in April from a year earlier from the annual rate of 6.9% in March, food prices have eased a little while core inflation which excludes volatile food and fuel, slows slightly but was still high at 5.6%, all this data underlines the expectation that the ECB will press ahead, with its campaign to beat inflation into submission with rate hikes. I'm Charles De Ledesma

Charles De Ledesma 5.6% European Central Bank April 6.9% ECB 7% Last Month March A Year Earlier EU Eurostat Europe Annual
Pope in Hungary meets with Ukrainian refugees, Russian envoy

AP News Radio

00:57 sec | Last month

Pope in Hungary meets with Ukrainian refugees, Russian envoy

"Pope Francis has urged Hungarians to carry on a culture of charity in a country run by a prime minister who is staunchly anti immigration. At a mass attended by refugees, Pope Francis thanks the Hungarian people for their welcoming nature. Thank you for having welcomed not only with generosity, but also with enthusiasm, so many refugees from Ukraine. At the end of the events, a band of Hungarian Roma musicians serenaded the pontiff, drawing a standing ovation and cheers from the crowd, and a thumbs up from Francis. Outside the Greek Catholic Church in Budapest, Pope Francis greeted crowds over barriers to get the chance to touch his hands. Hungary's nationalist government has implemented firm anti immigration policies and refused to accept many asylum seekers trying to enter the country the move has led to prolonged legal disputes with the European Union. I'm Karen Chammas

Francis Karen Chammas Ukraine European Union Budapest Pope Francis Greek Catholic Church Hungarian Prime Minister Hungary Hungarian Roma Hungarians
Pope Francis laments the return of war in Europe, and Pittsburgh's Jewish congregations prepare for a trial in the nation's deadliest antisemitic attack.

AP News Radio

02:08 min | Last month

Pope Francis laments the return of war in Europe, and Pittsburgh's Jewish congregations prepare for a trial in the nation's deadliest antisemitic attack.

"Of this week's AP religion roundup of France's lamb mince the return of war in Europe and Pittsburgh's Jewish congregations prepare for a trial in the nation's deadliest anti semitic attack. On a three day trip to Hungary, Pope Francis outlined his vision for the future of Europe. In a carefully calibrated speech, Francis blasted what he called adolescent belligerents that brought war back to Europe. He said the continent must recover its founding spirit of peaceful unity to confront Russia's war in Ukraine. Francis addressed Hungary's top leadership, whose lukewarm support for Ukraine has rankled other European Union countries. Jury selection has begun in the federal death penalty trial of a truck driver accused of shooting to death 11 Jewish worshippers at a Pittsburgh synagogue in the deadliest anti semitic attack in U.S. history. Robert Bowers faces 63 counts of the October 2018 attack at the tree of life synagogue. Peter Smith of AP's global religion team explains the questions posed to potential jurors. A lot of the questions focused on whether the jurors could or would impose the death penalty if it came to that. There was very little discussion in today's hearing about whether they could render a fair verdict guilty or innocent. If convicted, Bowers could receive a death sentence. The 50 year old offered to plead guilty and return for a life sentence, but federal prosecutors turned him down. You know, I'm not the same person. That I was the day before. On October 26th, I don't think you can be. Rabbi Jeffrey Myers of the tree of life congregation was one of the survivors of the Pittsburgh synagogue massacre. He says that he and other survivors are determined that the attacker will not have the final word, and that they will write the next chapter of their story. I do believe God wanted me to be here as a response. And I don't say that out of a place of haughtiness or arrogance, but of divine mission of responsibility. Myers and members of the congregation say that since the shooting, they practice their faith boldly, fought for gun safety policies and honored the dead. I'm Walter ratliff

Francis Peter Smith October 26Th Pope Francis Bowers Hungary Robert Bowers Three Day European Union 11 Walter Ratliff Today 63 Counts Rabbi ONE U.S. Jewish Jeffrey Myers 50 Year Old Europe
Caller: U.S. Dollar Will Cease to Be Global Reserve Currency in 5 Yrs

Mike Gallagher Podcast

00:39 sec | Last month

Caller: U.S. Dollar Will Cease to Be Global Reserve Currency in 5 Yrs

"Bottom line up front. I'm in the sanctions game, and I'm saying in less than 5 years, the dollar will cease to be the global reserve currency. Two major indicators won the Shanghai cooperation organization. Saudi Arabia just appreciate that. I'm not talking about that right now, but I do think you're right. I think it's going to be a short trip for the dollar and we do have. Thanks for the call. We do have a very slip, slippery runway between now and the time to correct it. China is courting everybody. And they're taking European allies with them, and it's not a good look for us. We've got some real concerns.

Less Than 5 Years Two Major Indicators China European Shanghai Cooperation Saudi Arabia
Europe's Economy Barely Avoids Recession

AP News Radio

00:35 sec | Last month

Europe's Economy Barely Avoids Recession

"For European economy has a striped out meager growth of .1% in the first three months of the year. That's barely momentum after Europe dodged a winter recession and challenges persist from inflation that's corroding people's willingness to spend the less than stellar data follows disappointing growth estimates from the U.S. a day earlier that kept alive fears of a looming recession in the world's largest economy for 20 countries that use the Euro currency picked up a little in the first quarter after zero growth in

20 Countries .1% European U.S. Europe First Three Months First Quarter A Day Earlier Zero Growth Euro OF
From Isolationism to the War on Terror: America's Tumultuous Path

The Eric Metaxas Show

02:16 min | Last month

From Isolationism to the War on Terror: America's Tumultuous Path

"Were just taking us through this is the history of American going from American isolationism into interventionism and then taking us up into the Iraq War. So keep going. So if you start with the fall of Berlin Wall, follow the Soviet Union. The U.S. now has a strange new role in the world. Here we are. We're the sole hegemon. We're the global power. How do we use that force? They went back and forth. So failed in Rwanda to intervene on time, then we're pressured to intervene places like the Balkans and Kosovo and elsewhere. This back and forth is tension. How should we what should we do? Where's our role? Well, with 9 11 came clarity in the minds of U.S. leadership. George W. Bush and the administration at the time decided, no, no, we have to respond with vigor with force. Launch the war on terror is launched with that came the 20 year old war in Afghanistan. And we have to be clear. I don't know if I've ever said it on the program. But I was always troubled by the concept of the war on terror. It just struck me as, I don't know, since I lack a better adjective, it struck me as utterly stupid, like a war on terror is like a war on poverty. What could be vaguer? And there's something offensive when you're putting American lives on the line. And you say a war on terror. What is terror? What defines when we win the war on? You know, it's one thing to fight against Hitler. But a war on terror, it was, I just feel cynically labeled so vaguely that it would be a never ending war on terror. Anyway, that's effectively what's happened, but keep going. Well, you're right to be cynical now in retrospect, and maybe we all should have been more cynical at the time. I wasn't cynical at the time. I mean, I had flags or I had questions, but I ought to have been more forceful in actually more openly cynical about it. But I was not. I was not. Those who were cynical were the Europeans, the French the Germans who had seen the same intelligence reports who had seen the same information and came to a radically different conclusion that Saddam Hussein did not have weapons of mass destruction was not planning to eminently annihilate the world like a global villain. But instead, the U.S. pressed to head by themselves. We

Hitler Saddam Hussein George W. Bush Balkans Iraq War Kosovo Rwanda 20 Year Old Afghanistan One Thing American 9 11 U.S. Union Europeans French Soviet Germans Berlin Wall
Mike Benz Unpacks the Global Growth in Populism

America First with Sebastian Gorka Podcast

01:48 min | Last month

Mike Benz Unpacks the Global Growth in Populism

"Trump without Brexit that happened before Trump. So 17 and a half million Brits vote to leave this collectivist quasi socialist entity called the European reunion, the biggest vote in British history. Then you have autobahn, then you have Modi, then you have later meloni. So what's happening here, I mean, this is a real problem for that foreign policy elite because this isn't just a U.S. growth in populism, but this is a global one, correct? Totally, totally. No, you nailed it. That's exactly right. And that is what that really is actually how the censorship industry started. That is the censorship that Americans face today on YouTube on Facebook on TikTok on Reddit on anywhere on the Internet other than currently this enclave being protected by a deus ex Machina in the form of Elon Musk's $44 billion acquisition so that you can make memes. This was the higher up you go in the censorship industry. When you start looking at the firms who are doing the censoring, you will inevitably see that they are being funded by foreign policy establishment institutions. That is, you start to see that it is actually about control over not just the United States, but really the political ecosystems of all countries around the world in order to make sure that there is no resistance to what you may call a sort of transatlantic security states consensus of how to how to organize a society. And so one of the things I find so disturbing about this is this is not just a theory. This is empirically verifiable by simply going to the website at the national endowment for democracy

$44 Billion Modi 17 And A Half Million United States Donald Trump ONE Brexit Elon Musk Youtube Facebook European Today British U.S. National Endowment For Tiktok Reddit Americans Autobahn Reunion
Democrat Rep. Claims Girls Will Cut Off Breasts Without Surgery

The Charlie Kirk Show

01:48 min | Last month

Democrat Rep. Claims Girls Will Cut Off Breasts Without Surgery

"98, Democrat Florida representative Anna V eskamani. Claims girls will be caught off their own breasts if they can't get sex change surgeries. The same sort of alarmism is exactly what they used for abortion for years. And it's the same group. If you believe that you should be able to terminate a being in the womb, why shouldn't you be able to cut off a 12 year old's breast? Play cut 98. Understand the concerns about any type of clinical or surgical procedure and surgery is very, very rare for those under the age of 18. When it does happen, these are children who are going to cut off their own breasts if we don't help them. They are wrapping bands around their chest so tight that they can't breathe. And so please try to put yourself into the shoes those impacted ignore the moral panic that has been manufactured many times by right-wing media and integrated into political campaigns do you know that we're the outlier that in western and northern northern European countries, they are banning gender affirming surgeries, they probably don't tell you that in your local news cycle, New York Post even progressive Europe won't go as far as America and child transgender treatments. What do Europeans know that American medical elites don't know doctor Stanley Goldfarb writes? America is doubling down on invasive and irreversible medical interventions. For minors, at steadily younger ages. Well, according to the New York Post, growing numbers of European countries are saying that we are no longer going to allow medical mutilation of children. A review of 11 of the most progressive western and northern European countries show that almost entirely restrict cross sex hormones until age 16, and most until age 18.

Stanley Goldfarb 11 Anna V Eskamani American 12 Year Old European Democrat Northern European New York Post Europe Florida Age 16 Age Of Age 18 America Years 18 Europeans Western Cut 98
The EU Has Now Become the Global Crypto Regulatory Leader

The Breakdown

01:45 min | Last month

The EU Has Now Become the Global Crypto Regulatory Leader

"For this last long read Sunday, we're going to actually shift our focus a little bit farther away than Austin, Texas. Yes, we are flying all the way over to Brussels and to the EU to discuss the landmark Mika legislation that was voted in by the European Parliament earlier this week. I'm going to read two pieces on Mika and the first is by coindesk Daniel Kuhn and is called why the EU has Mika and the U.S. has securities law confusion. The European Parliament went ahead and did it. Today, after years of deliberations and at least two official delays, the landmark markets in crypto assets or Mika regulation framework was voted in. European Union legislators also passed a separate crypto related rule known as the transfer of funds regulation that imposes stronger surveillance and identification requirements for crypto operators. The rules were described as a world first by the European Commission's married McGuinness, and also a quote end of the wild west era for crypto assets. According to green party lawmaker Ernest erson. The laws, which will be enforced at the state level, still need to be officially approved by the Supra governing body called the EU council. But are just about cleared to take effect next year. The council's approval is more of a formality at this point, considering it already approved the text of the law last year. For many, mikko represents a crucial step forward for the crypto industry. It's the first major attempt to provide a comprehensive set of rules for crypto companies, so they know in advance what they can and can not do, and where the responsibilities lie if they want to operate in the 27th nation strong trading block. The European Union hopes it sets the global standard, and in some sense, is worried about Mika's effectiveness in the EU if similar rules are not adopted everywhere. In short, Mika requires crypto firms, like wallet providers and exchanges, to be licensed by the EU,

Ernest Erson Next Year Last Year Today European Commission Mcguinness Two Pieces Daniel Kuhn Sunday European Parliament Brussels European Union Austin, Texas First EU U.S. Earlier This Week Eu Council 27Th Nation Supra
"european" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:19 min | 11 months ago

"european" Discussed on WNYC 93.9 FM

"European Union has agreed to a plan that aims to cut gas consumption across Europe by 15%. This move comes the same week that Russian energy company Gazprom abruptly cut gas deliveries to Europe through one of its most important pipelines. NPR's rob schmitz joins us now from Berlin to talk about all this. Rob, the EU came to this agreement quickly, but it did so after many of its members were able to get exemptions from having to make these cuts. So what did EU members agree to exactly? Yeah, you members agreed to cut their gas consumption by 15% in spirit, but it's important to note here that these cuts are voluntary. They stop being voluntary, though, should Russia create an energy emergency by making sudden cuts and gas supplies to Europe. And Russia did that, right? Yeah, that's right. Not only did they do it this week, but this goes back several weeks when Russian energy company Gazprom abruptly cut the flow of gas on its Nord stream one pipeline by half. And then earlier this month, the company simply cut off all the gas in the pipeline for a ten day period, and it resumed last week, but then it cut gas again this week. So as it stands, the pipeline which connects Germany to Russian gas is now flowing at 20% capacity. So given this as a backdrop, member states will now need to start looking for energy savings so that they can meet this 15% gas savings benchmark because many see future cuts from Moscow as likely. And if the Kremlin should do that in the winter when Europe needs more of its gas for heating, then we're looking at a more dire situation. Now we mentioned on the cuts that not all EU member states will need to make them. Tell us about the exemptions. Right. Yeah, there are several EU countries that are not burning Russian gas for electricity or heat, so they've been granted exemptions as have other countries that have already launched ambitious energy savings plans. I spoke to the German Marshall funds at Jacob Kierkegaard about this and here's what he said. So, you know, once you factor in all these exemptions, it's pretty clear that the number of countries that have huge reliant on gas and none of these exemptions, what they're going to be bearing most of the pain, or most of the burden here, and that is Germany, Austria, and others, precisely, frankly, the way it should be. And a Kierkegaard is not alone in this opinion, many in Europe believe Germany, which up to the war in Ukraine, relied on Russia for half its natural gas. Should shoulder most of the burden here due to its risky decision to rely so heavily on Moscow for its energy in the first place. In fact, the original proposal was for all EU states to cut 15% of their gas consumption, but the southern European states that long ago decided not to rely on Russia for energy were angry saying they shouldn't have to pay for what they saw as Germany's energy mistakes. So then what is Germany doing to reduce that Russian gas reliance? Quite a bit. Germany's parliament has passed a law that will fast track construction of liquefied natural gas terminals with the first one scheduled to be completed by the end of the year. That gas will be imported from the Middle East and the United States. The government is also conducting an energy survey right now to explore whether it should extend the life of three nuclear power plants that are scheduled to close by the end of the year, and we will know more on that option in a few weeks. NPR's rob schmitz is in Berlin, rob, thanks. Thank you

European Union Europe rob schmitz Gazprom Russia Germany Jacob Kierkegaard NPR Berlin Moscow Rob Marshall Austria Middle East United States rob
"european" Discussed on Myths and Legends

Myths and Legends

05:09 min | 1 year ago

"european" Discussed on Myths and Legends

"Was free. But it was still weak. One hit from the axe would kill it, though that's probably true of most living things. Regardless, Jana check kept after it. It was still trapped in the house. There was no water here. Or so he thought. Over a hundred days ago, Dorothy had left a full picture of water on the table and then gone to wait in the swamp. Over that time, the pitcher had evaporated. Almost. It had one drop left as the axe came down on the vodka's head, the creature snatched the pitcher and turned it upside down. And the single drop rolled down its craggy forehead. The vodnik dropped the pitcher and grabbed the axe handle, while the axe head was mere inches from his own. Stopping Janna check. The drop landed on the floor of the home, but it didn't stay there. It grew. It grew until it filled the house. Grew until Dorothy and janacek were pinned against the ceiling. Fighting for air. The vodnik in the center of the home on the floor, touched the ground, and a Whirlpool opened up. Pulling mother and son down. Into the darkness. Down to a place in which they both had been, far too long. The neighbors who heard the screams in the pounding found nothing but a dark, deep pool with a shepherdess hut once stood. They assumed that she had left town. After her son died. No one had seen her for months, so it was a good thing she wasn't in it when it went down. They had no way of knowing that underground. Not terribly far from where they stood, Dorothea check were closed into little silver jars. At the end of a long, emerald hall. Now,.

vodnik Dorothy janacek Jana Janna Whirlpool Dorothea emerald hall
"european" Discussed on Myths and Legends

Myths and Legends

03:12 min | 1 year ago

"european" Discussed on Myths and Legends

"We'll see Dorothy's descent into the watery darkness. But that will be right after this. Today's episode is brought to you by honey. We shop online probably twice a week. At least, maybe three. Okay, so two to three. I usually have a coupon code on hand, 0% of the time. Well, thanks to honey, manually searching for coupon codes is a thing of the past. Because honey is the free shopping tool that scours the Internet for promo codes, then applies the best one it finds to your cart. How symbol is that? It's amazing. Summer's here and I've already saved $32 on hiking sandals for vacation and $499 on a ginormous patio umbrella with a stand that was a huge savings and I can not wait for it to get here. That umbrella is gonna be so nice too. And all that savings thanks to honey. Which supports over 30,000 stores online, ranging from tech and gaming products to popular fashion brands, even food delivery. With over 17 million members enjoying over $2 billion in savings, honey is clearly the way to go. If you don't already have honey, you could be straight up missing out. It's literally free and installs in seconds. And by getting it, you'll be doing yourself a solid and supporting this podcast. I'd never recommend something I don't use. Get honey for free at join honey dot com slash myths. That's join honey dot com slash myths. You guys know we love the break in protection that are simply safe home security system gives us. But it's not always outside forces we need simply saves protection from. Remember Amy? She's a simply safe customer and a chronic sleepwalker who lives near a four lane highway, one night it was the perfect storm, and she ended up sleepwalking right out the front door into a dangerous situation. Luckily, Amy simply safe entry sensor on her front door triggered the 95 DB siren, and the base station. It woke her up just in time, and simply safe also called her seconds later to make sure everything was A-okay. To this day, Amy claims that simply safe saved her life. Fortunately, we've never had any big close calls quite like that, but I will say that we also love SimpliSafe for the protection it gives us inside and outside our home. Like the time our basement flooded. Right? We've got a lot of keepsakes and things down there. We'd like to not ruin. Without simply safe, we wouldn't have known about the flooding until it was too late. And simply safe also called us to see if everything was okay. That's peace of mind. You can customize the perfect system for your home in just a few minutes at simply safe dot com slash legends. Go today and claim a free indoor security camera plus.

Dorothy Amy
"european" Discussed on Myths and Legends

Myths and Legends

05:04 min | 1 year ago

"european" Discussed on Myths and Legends

"Hey, shepherdess. Dorothy heard early in the morning. She rubbed her face. Yannick the person nodded when they heard the name of her son. Yeah. It was Yana chick. She had to sit there and listen. There was nothing either of them could do. For this one, Yana chek had locked the neighbor in her house by hammering boards over her doors and windows. It took her half a day to get a neighbor's attention and get out. The next villager caught him in their pigeon house. Stealing dinner, the third person that morning said Yana chuck, Dorothy's son, had been by that night, and played a silly prank on them at one in the morning by setting their house on fire. The shepherd has said she would talk to Yana check when he got home. The visitors shook their heads. That's what she always said. When the third person left, the shepherd is heard a voice calling to her from a tree nearby. Ma look. She looked up and saw Jana check, balancing on a branch. She screamed for him to get down from there, he would hurt himself. He leaned forward, what? He couldn't hear her it. He was going to lean forward precariously, and everything that happened next was her fault. Then he waved his arms and lost balance. He dropped headlong from the tree and hit the ground hard. He looked up at his mom. Blood beginning to pool in his mouth. Mother. Why? His head kicked up a small amount of dust as it flooded down. Yana check was dead. The shepherd is collapsed in anguish. No. Tears poured down into the dirt, and she doubled over and then heard laughing, he was alive? Yannick limped over. Yeah. Berries. He was joking. He wasn't actually dead. She need to lighten up. Dorothy, the mom might have scolded him, but she was just so happy that he was alive. And she told him that he had frightened her. The story says her hands wouldn't bring themselves to whip the boy. January check had been having a difficult time, too. Since his father left. They, Dorothea, roll the other hat. She wouldn't drive him away by disciplining him. That boys would be boys and all that. Yannick knew just how far to push his mother, though. And when he went too far, he would make her favorite dish. Mushrooms and strawberries probably not mixed together, but who knows? Anyway, one morning, he paid in advance because Dorothea woke to find the steaming mushroom sitting next to a bowl of berries. You know? Maybe they were turning a corner here. Perhaps her plan of never disciplining him and just waiting for him to be different was working out. Then she heard the screams. Her son. Someone dragged him from the deep pool. Yannick had drowned. Dorothy wailed, as the villagers laid the body down before her. The townspeople weren't saying she should have set boundaries and disciplined him at least a little. Because with the death of her son, that would be too soon. They would say it later, though. Then, they look to the boy and the body was gone. The people looked around frantically, but there wasn't any evidence of Yana check in the fields. The swamp, town, or forest. It was like he disappeared. Then they looked inside the house that was like ten feet away from where he had been laying. And found him finishing off the mushrooms and strawberries. Of course, they freaked out and ran, because sure, he must be a ghost and not the kid who messed with them relentlessly and prank them like four times a week. This time, Dorothy stood incensed. Sure, he had lied to her and scared her, but he was eating her mushrooms and strawberries. Yana check had finally gone too far. The water demon, the vodnik, take you. The bowl in the wooden spoon slid across the table at a Dorothy. As Yana check was about to say that, okay, he could see that she was mad. But his non apology was interrupted. There was someone else. Listening. It shall be so. Both mother and son spun to look at the window. And they found a face looking back at them. Scaly, but glowing in the moonlight. It wasn't human. It was the vodnik. Dorothy stood paralyzed. But Jana checks shook his head. No one's scared his mother but him. He grabbed a walking stick and threw open the door with his shoulder. Feet digging into the dirt path as he chased the vodnik. The creature flippy flapping his way to the water's edge, with a massive head start. Yana chuck took aim with a stick and threw it like a spear, but he missed. Tackles from the vodnik echoed through the forest. Yana check heard, it shall be so again..

Yannick Dorothy Yana Yana chick Yana chek Yana chuck shepherd Dorothea Jana vodnik
"european" Discussed on The Breakdown with NLW

The Breakdown with NLW

12:53 min | 1 year ago

"european" Discussed on The Breakdown with NLW

"Crypto using three factor authentication, providing a simpler, safer and smarter way to store, buy, swap, send and receive crypto. Arculus is offline cold storage. Your private keys are encrypted on the Oculus keycard and are never online. Stay safe from hackers with no cords, no charging, no Bluetooth. Just crypto security made simple. By arculus on Amazon today. The breakdown is sponsored by FTX U.S.. FTX U.S. is the safe regulated way to buy and sell Bitcoin and other digital assets. With up to 85% lower fees than competitors. There are no fixed minimum fees, no ACH transaction fees, and no withdrawal fees. One of the largest exchanges in the U.S., FTX U.S. is also the only leading exchange that supports both Ethereum and Solana NFTs. When you trade NFTs on FTX, you pay no gas fees. Download the FTX app today and use referral code breakdown to support the show. So to wrap our heads around a little bit of what this means, we turn once again to Patrick or patty Hansen. He's the head of strategy and biz dev it unstoppable DeFi and has become the interlocutor of European Union politics for the crypto industry during these proceedings. He wrote last week, I hate to ring the alarm bell again, but the EU parliament leaves us no choice. First red flag, different from the initial proposal that only required to collect not verify personal data from transfers made from slash two and un hosted wallet, the draft now requires to quote verify the accuracy of information with respect to the originator or beneficiary behind the un hosted wallet. But it doesn't say exactly how a crypto service provider should be able to verify the un hosted counterparty. The consequence of this, in my opinion, is that most crypto companies won't be able or willing to transact with un hosted wallets anymore in order to stay compliant. Second for every crypto transfer from an un hosted wallet over one K Euro, companies are obliged to inform the quote competent AML authorities. For all these transactions, even if there is no sign or suspicion of money laundering, this is an absolute violation of privacy rights. Third red flag, one year after entry into application, the EU commission will assess the need of quote additional specific measures to mitigate the risks posed by transfers from or to un hosted wallets, including the introduction of possible restrictions. This means that the EU commission might be prohibiting transfers from and to un hosted wallets entirely, as was already suggested by some members of the parliament in an earlier draft. Fourth, while the financial action task force travel rule only requires these measures for transactions over a certain amount, one K USD, and the TFR for Fiat only requires the information sharing for transfers over one K Euro, the draft sets no minimum thresholds for crypto transfers. That means that soon every single satoshi transaction that is not purely P2P will have to be accompanied by the sharing of personal information. This is a totally unjustifiable double standard. If anything the AML requirements for cryptocurrency should be lower, since blockchain based transfers offer new and additional ways to track and monitor. There are more problematic passages in the text, but these are the main ones to focus on. This proposal cracks down on a hosted wallets and creates huge data honeypots for hackers. What's concerning is that this time different from the proof of work ban in the Mika regulation, the council or member states seem to be on the same page with the EU parliament on these issues. No threshold for crypto transfers and crackdown on un hosted wallets. Now to this thread Paul Tang, who's a member of the progressive alliance of socialists and Democrats for the Netherlands, responded, and Tang has made himself the chief provocateur on Twitter as it comes to this legislation. He writes, another week, another social media storm by crypto Bros. Now about the transfer of funds regulation. Just like bank transfers transferring crypto like Bitcoin should be accompanied with information about the person sending and receiving the funds. Now the European Parliament wants to cover also transfers to and from un hosted wallets. These are wallets where crypto assets are stored on your PC without the involvement or knowledge of anyone else. Similar to holding cash in your pocket. But cryptos are extremely mobile and operate in a borderless world. This means that funds from un hosted wallets often come from unknown sources. And money going to un hosted wallets may end up in the wrong place, for example, with terrorist groups. So the identity of unhosted wallet holders needs identification, just like you need to identify yourself when you deposit money at the bank. And we want authorities to be notified in case anyone person receives a total of €1000 plus from un hosted wallets. This is a red flag. The parliament also covers all crypto transfers regardless of their monetary value. The unstable value of crypto assets makes a threshold in Euros difficult to enforce. And smurfing allows for many small transfers to be coordinated so as to escape any threshold. These are important tools to fight money laundering and terrorist financing. Some crypto lobbyists won't like the extra work, but being part of our society comes with obligations. Banks already fight criminal money. Crypto Bros should step up to the plate and do so too. And so here in a single tweet and a quote tweet response, you have the gist of this argument. The great debate is about financial freedom and sovereignty on the one hand versus the boogeyman of crime and societal obligations on the other. On the side of the state or MPs like Tang and aurora le Luc, who said we are talking here about a serious subject. The fight against money laundering, the financing of terrorism crime, keto crime, a subject that deserves no controversy, no buzz. Avoiding new victims, defending the general interest, these are our values. On the other side are those who view these rules as overly strict, more strict in fact than the banks. More its corner from the liberal free Democratic Party representing Germany says, if we impose stricter rules on the crypto economy than on the traditional financial sector, we risk once again over regulating and innovative economic sector that will, as a result, thrive in markets outside the EU. Michael Hugh Gavin, a member of the European conservatives and reformists for the Netherlands says, the greatest asset of blockchains are traceability and transparency. The amendments to the transfer of funds regulation make transfers to a wallet unnecessarily complicated. Come with privacy risk and will hinder innovation. I will vote against it. Pure person again, though not in the EU parliament also articulated the position of many. Regulating the uses of crypto requires a good understanding of how it works. We can not transpose banking and financial regulation applied to a centralized ecosystem to a brand new ecosystem. We have to invent a whole new KYC AML model adapt to this new technology. This leads us to the determination of political objectives by the regulator. To date, the Fatah has not been able to adapt its recommendations to the new technological dimension. It needs to use tools enabled by this technology to work on a new framework based on the risk approach. To date, the presumption of guilt weighs on the centralized actors and users. The prohibitive approach seems to dominate in Europe. These choices will condemn these nations and financial competition. The nations that have the courage to work to learn without dogma will be the winning nation in this international competition. Not because they will be the lowest bidder, but because they will have known how to regulate intelligently. So there are obviously a lot of specifics to this debate. While at company ledger wrote a blog post, for example, pointing out using figures from chain analysis compared to figures from the UN that Fiat currency money laundering is 232 times as large as crypto money laundering. Another starker way to put it is that the amount of money the UN estimates was laundered last year through traditional means, it's around the same size as the total crypto market cap. These are the types of details that should be debated with more time. But I don't think those specifics are really why this issue gets so hot. I think why these debates are so triggering is that there are a microcosm of the great and central conceit of really all modern politics. The rights of individuals versus the obligations of participation in a society. I point that out as a way of saying that it is not only fair but good to have those debates. Especially when they are had in good faith. This is a precarious balance that is constantly shifting. New threats and new circumstances do require new evaluations, but so too do threats to individual sovereignty. If we really decide as a society that we have zero tolerance for any financial crime, then yes, we can also put human financial surveillance to 100 and financial sovereignty to zero. But that would also necessarily mean the end to cash, among other things. What it seems strange as it admittedly outside observer is the way in which two major issues now of dramatic importance to the cryptocurrency industry have been pushed into legislation at the last minute without a lot of time for the industry to comment and engage. Now I will admit I could have the wrong of that. It could be partially on the industry that we haven't been paying enough attention or engaging enough. But it's still feels strange and hurried. This sentiment was sort of validated by silk Noah, a lawyer at gnosis, who pointed to Russia's invasion of the Ukraine as an accelerating force for, well, everything. She writes, since 2021, negotiations have been ongoing to extend the scope of the TFR to crypto. IE virtual asset service providers must collect and make accessible info about the sender and beneficiary of crypto transfers. Due to the Russian invasion of Ukraine, the drafting of amendments has been speeded such that it now represents a masterclass in how to kill the EU's most promising industry. Whatever the case, unlike the Mika proof of work ban, this one did not go our way. At ten 21 a.m. this morning, east coast time, Patti Hansen writes, breaking the econ and lead committees of the EU parliament voted in favor of the FTR compromises D and E that cracked down on quote unquote un hosted wallets. The entire regulation draft to be voted on later today, but will certainly go through. So what happens from here? Well, one, I will not pretend to understand the EU legislative process at all. But again, here's what Patrick Hansen had to say about it. After the vote today, the econ proposal will be announced in the plenary session probably sometime in April. If no one challenges that by requesting a plenary vote, the between the EU parliament commission and council will start shortly after. The trial usually takes a couple of months and offers the last chance to introduce changes. Individual voices from the council and commission make me optimistic that we can still achieve changes. But the situation is undoubtedly more difficult than with the proof of work ban. Now, what about partisanship? Obviously I talk about that a lot in the U.S., monitoring, if and how crypto is becoming more or less partisan. And I've described how I believe that it is to crypto's benefit, how it seems to be bucking the tide of rampant partisanship. In the EU, it would be tempting to look at these results and see it as a left alliance for this identity verification and a right alliance against it. But even here, that's not fully true. If a Cali is the vice president of the Euro parliament and is from the progressive alliance of socialists and Democrats and a member for Greece, she wrote on March 29th, head of the vote for AML, it seems necessary to not put EU in the backseat of DeFi and innovation, but to support the initial approach of TFR. Proportionality and smart regulation for innovation friendly principle should be the spirit. Hopefully EU will make the right decision. Ever kept up for tweeting this morning, she retweeted Cameron winklevoss from Gemini who said when it comes to AML efforts, the inherent attributes of the blockchain, traceability, auditability, and transparency, allow it to be an effective tool to combat illegitimate activity. Subject to protecting privacy and other individual rights. She also added transfer of funds from un hosted wallets to EU crypto asset service providers should be possible in a proportionate way, otherwise EU risks circumvention of EU infrastructure via non EU providers to fight crime and corruption while remaining tech neutral and innovation friendly. And finally, no matter what happens today, there is a need to discuss further in the European Parliament. We will host workshops with experts and work with colleagues that have the best intentions for a proportionate responsibility of European Union, crypto asset service providers. So there will be a lot more ink spilled on this. There will be debates in the EU around the specifics of wallets around the practicality and legality of requiring parties to provide KYC of third parties of crypto's relevance to the EU economy and more. There will be a temptation by many in the crypto industry to say screw them all to believe firmly that this means that the regulators in the European Union do not have the best interest of this industry anywhere near their priorities. But I think that it would be a mistake. It may be late in the game, but the process isn't over, and what's more, even if it's a slim chance, changing laws before they're made is a hell of a lot easier than changing laws after they become laws. I will, of course, be keeping track of this and sharing resources where I can. For now I want to say thanks again to my sponsors, nexo IO, arculus, and FTX, and thanks to you guys for listening. Until tomorrow be safe and take care of each other. Peace. Hey breakdown listeners come join coin desks consensus 2022. The festival for the decentralized world this June 9th through the 12th in Austin, Texas. This is the only festival showcasing and celebrating all sides of blockchain, crypto ecosystems, web three, and the metaverse, and is designed for crypto newbies, investors, entrepreneurs, developers, and creators. Don't miss speakers like Kathy wood, SPF, CZ, punk 6 5 two 9 and Joe lubin to name just a few. Use code breakdown to get 15% off your pass at coindesk dot com slash consensus 2022..

un European Parliament EU commission European Union U.S. Solana NFTs patty Hansen financial action task force Paul Tang progressive alliance of social crypto Bros. Crypto Bros Tang aurora le Luc liberal free Democratic Party Fiat
"european" Discussed on Travel with Rick Steves

Travel with Rick Steves

04:28 min | 1 year ago

"european" Discussed on Travel with Rick Steves

"Your itinerary when you're getting ready to finally take that vacation in Europe you've been dreaming about. Enjoy those sort of precious little moments where you get to try on being a European just for a little while. Coming up, we look at the benefits of becoming a temporary European when you travel in the old world. There's so much you want to see and do, but I gotta tell you, it's very clear to me the very best memories come between the stuff that's on your itinerary. It's those magic moments in the middle. There's a lot to look forward to in an in between city. Find out what you can enjoy on a weekend stop over in Brussels, halfway between Paris and Amsterdam, and it's a breeze getting around. One of the advantages to public transportation in Brussels at most of it is over the surface, and so taking the tram is a very nice way to visit town. A hometown guide to the Belgian capital, the fun of becoming a temporary European and listeners tell us what special about where they live. It's all just ahead on travel with Rick Steves. For most of my adult life, I have been raving about the need for us to plan our overseas travels in a way that gets us genuinely closer to the cultures we're visiting. In just a bit, we'll explore what my senior writer at Rick Steves Europe has discovered from his own travels on what it means to become a temporary European. And listeners tell us what they like best about the place they call home a little later in the hour at 8 7 7 three three three Rick. Let's start today's travel with Rick Steves with a weekend getaway to the heart of the European Union. During the week, Brussels is busy with diplomats and bureaucrats, but it has plenty for weekend visitors to enjoy as well, where you'll find the cutting edge of Europe in so many ways dressed up in old world charm. Hilbert buys is an American who's made his home in Brussels, and he joins us now on travel with Rick Steves to show how to best.

Brussels Rick Steves Europe Amsterdam Paris Rick European Union Hilbert
"european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:04 min | 1 year ago

"european" Discussed on Bloomberg Radio New York

"European banks with exposure to a country now under more sanctions than any other nation in the world For more on the potential fallout I'm joined now by Bloomberg intelligence emerging Europe bank senior analyst Tomas Nestlé Tomas you put it very succinctly in your latest research note what does Russian risk really mean for European bank valuations So I'll put the question to you What does it mean Well so when we look at the Russia world definitely as you have seen that European bounce has been slammed massively in the past month or following the Russia invasion of Ukraine and the war And there are several implications for European banks First of all of course we are going to have with the growth in Europe That one thing Another aspect is what's going to happen with credit losses for especially for the banks with direct exposure to Russia which is totally unique credit life rather than ING And many other European banks which started to disclose their export to the travel economy First of all we also look at what's going to happen right now with the ECP and inches well because as you probably know there was a wide expectation at the beginning of the year and in December 2021 that interest rate in Europe will be with the larger this year Now I think this expectation of kind of down we're not going to know what's going to happen within the threat And that is not very positive outlook for the revenue Lots to get to there But I want to focus in on credit risk That stands out pretty prominently because you think back to how banks reacted to the possibility of credit losses during the pandemic and they made a lot of loan loss provisions Could we see something similar to how the banks reacted to the pandemic as they do now to this war in Ukraine Yes of course So we can split this into two hours First for the banks with our direct exposed to Russia so they have the operation in Russia and it has direct lending in the economy right So this would be right has the unique credit option and when we look at that what's going to happen with Russia economic this year Well Bloomberg economically is going to contract 9% which is the worst recession in almost 20 years Interest rates are very high at 20% So it's not very good news for creditors for borrowing for corporate So definitely will not be part of it And I think as a good example we can quote the right size and disclaiming that interest co cost of risk in Russia in the base case scenario can be free times bigger than the anticipated at the beginning of the year right So definitely cost of the risk could be much higher how high it will be We're going to learn during the one Q result And of course we have to see what's going to happen in the Russian economy Second of all of course indirect exposure So if we see slowing earlier growth definitely is going to cost us on cost of risk So European banks will have to follow the provision more against the slowing growth But we have to remember that the European banks have provisioned a lot as you mentioned during the pandemic time So they have quite significant buffers against the deteriorating GDP outlook You mentioned some of the.

Russia Tomas Nestlé Tomas Europe Ukraine Bloomberg ING
"european" Discussed on Travel with Rick Steves

Travel with Rick Steves

05:37 min | 1 year ago

"european" Discussed on Travel with Rick Steves

"How the children and grown-ups of Hungary Portugal and Prague get excited about Christmas next on travel with Rick Steves. We'll hear what it's like to return to your hometown in Portugal for Christmas. And there's a fishy tale from Prague you won't want to miss. That still ahead on today's travel with Rick Steves. Right now, we're joined by a friend from Budapest. George farcas is here to share the Hungarian vision of a magical Christmas. Hey George, Merry Christmas. Thank you. Merry Christmas to you. How do you say Merry Christmas in Hungarian, Bordeaux Karachi? And what does that mean literally? Merry Christmas, George, if you think back to your fondest memories as a child growing up in Hungary. Christmas memory, what would it be? Preparation for Christmas is always exciting, and obviously excitement of trying to find out what you're going to get. And then your parents would hide your Christmas gifts in the house and then obviously once they go to work and you're already off from school, you're going through all the cupboards and trying to find what they prepared for you. Are you kidding so mom and dad are a way at work and you've got to let you go through all the couples and trying to find what they've prepared. And there was one time when there was a box of there was a gadget of some type, which I didn't really care for, and I was very, very disappointed to receive it. And then I founded that it was hidden for the next door neighbor's daughter. Or whatever. And I thought, oh no, don't tell me this is what I'm going to get. I'm just like really that. But the gifts were just hidden until they were ready to give the course. I understand it starts with what the eve of saint Nicholas. Yes. And that's earlier, right? It's on the 5th of December, and that's one of the big days and the night before the 5th you have to polish your boots so they have to be spotless and clean and then you put them in the window and then you go to sleep and then for next morning you get up and the first thing before you do anything, you actually run to your boots and see what Santa Claus brought you over tonight. And if you were a good boy exactly if you were a good boy or a good girl, you got the present, if not, you got a couple of pieces of tree branches tight together usually sprayed silver or gold. And there would be a red ribbon and then that would show that you were not really behaving well, and then this is what you're going to get hit with. You chased with this is on December 5th and then is that a way for you to sort of if you get the sticks to become a better child a nicer child and then on December 24th, you'll get another supposedly that's a massive opportunity. Yes. And then it must not imagine if you would get maybe chocolate or you will get tiny maybe a pair of gloves or something like that. And then none of the parents would miss to put one of these little tree branches in because there is always a way to improve. So always a little room for improvement. Was there a descendants have a partner in this little activity? Well, our other character that we would have that would be krampus krampus is most of the time is a female and she would be dressed in black and would have a long tail and a black glove zone. And it would be scary. So, again, if you got those wooden branches and then you could expect to be chased by the krampus. So your terrorized at the beginning of the you could say that yes. This is travel drinks. These are talking with George farkas. He's from Budapest in Hungary. George, let's go right up to Christmas Eve notes Christmas Eve and a to understand the parents will take the family out and buy the tree on the 24th and decorate it will vary traditionally traditionally and then how does it then play out for the children? What is the? So you basically you're decorate your tree and then always a huge preparation to clean the house and get everything decorated and ready and set the table and mommy's cooking dinner and then you go and sit down at the dinner table. You can't wait to finish your meal because after the meal, this is when you actually receive your presence. You kids are trying to be polite and make conversation at dinner, but all you want to be. Of course. Let's get to the presents. So if you can even think back to that, you already see the presents many times. You see the presence under this. So imagine yourself sitting at this table and then you have the Christmas tree the older boxes are under the Christmas tree and you're thinking which one is going to be mine. And what would the traditional food items be on the table? That would be poultry or most of the time it would be fish. Yeah, so we would have like a carp soup, which, again, with Hungarian traditions would be fairly similar to gouache color, texture type of goulash. Yes, you could say carb guiche. We call it a fish soup, but all you care about is those gifts under the tree. Before you get to the gifts, what would be the most popular or most beloved dessert for Christmas time is in special cakes. Automatically, it's called Bagley. And you should imagine ado listening on your pan and then you put filling in and you roll it up and the feel and you probably would be surprised, the most popular one is poppy seeds, poppy seeds. So we eat a large amount of poppy seed, big quantity of popcorn, and I usually make a joke that it nearly stops us entering the European Union because they wanted to control the amount of poppy seed. And I usually say that we stood up and said, if you want to spend our purposes we're coming, if not, we're staying at. Hungary with puppy seeds are not at all. And for a lot of Americans, the candlelight silent night is the most beloved Carol what would be the most popular Carolina? I would say the Hungarian version of that. How do you stay silent in 19 Hungarians?.

Rick Steves Hungary George farcas Prague Portugal George Budapest Karachi Bordeaux saint Nicholas George farkas Santa Claus Bagley European Union Carol Carolina
"european" Discussed on Travel with Rick Steves

Travel with Rick Steves

05:48 min | 1 year ago

"european" Discussed on Travel with Rick Steves

"We won't go until we got some we won't go until we got some we won't go until we got some so bring some of her and in Belgium and in the Netherlands they're preparing for Christmas and I'm joined by two people who live in the Low Countries Fernando menge and Nina derricks, Ferdinand Nina, thanks for being with us, and how does it unfold? What's the sort of structure of the holiday celebration? We really looking forward always to have that time of the year Christmas, but we start already earlier, especially in Belgium and hall, we have the 6th of December that a lot of people don't even heard of. You have sent the class. We have central class. Are we celebrated both in Belgium and in the Netherlands? Yes. And that was a little maybe a little bit more innocent of the class. You remember when the synth arrives from Spain and it comes on a boat and it's an Amsterdam and a canal somewhere. Yes, in Belgium, we used to tune into Dutch television to see Nicholas arrive on his steamboat from Spain and it dates back to a story about an ancient bishop in Spain who was very benevolent and then it got 3D through the centuries turned into somebody who rewarded good children which, of course, parents exploited very quickly. So when you were a child, you watched on TV, saint Nicholas. Oh my God. Actually, who took the steamboat from Spain? Writing in Amsterdam. And I was official welcomes for saint Nicholas he also had his servants with him black Peters. The black Peters, yeah? Yes. So this was his sidekick, black Peter. Black Peter, that's right, yes. Who basically, the scent on the night of the 5th December into the chimney, so they covered in the dress in renaissance gear they have these velvety breaches on. And they have a huge bag and a whip, which is for the bad kids. So they come and take your bad kids from your home. This is terrifying. I remember I can tell you story livable my childhood. My mom and dad used to play this very well. I was kind of, I wouldn't say obnoxious kid, but anyway, I was kind of hard to handle and he always would run that time of the year. I was very, very, how are you saying? Terrifying. A little because the arrival of black matter. She would tell me he's coming and he's going to come and covered with black suit and with a whip. Oh my gosh, I was totally afraid. You're a good little boy. I was a good little boy. Just for that. Parents use saint Nicholas day, December 6th. Yeah. Is that what it is saint Nicholas day? And then if you're good kids, you have some presents. You get rewarded at what you do on the night of the 5th of December. You put your shoe out because those years ago you get tiny presence. You have your shoe and what you put a carrot for saint Nicholas's holes because they come over the roof, saint Nicholas seat on a horse, black Pete on a mule with a big bag and a whip and then they'll come through the chimney and then they'll give the food to the horse in Belgium also put a trappist in the shoe most beer. Monastery beer to reward black people. See a bright black Peter with a little beer. To not use his whip on you and hopefully next day you find presence because if not the fine charcoal or you find twigs in your shoes and somehow the next morning, black Peter Drake the beer, the beer is probably gone. My dad would usually be very happy that he probably drank it. Remember when we had no carrots? I'm talking about some years ago, but carrots is not really a vegetable that was grown in the winter. We put some sugar lumps in it there. Okay. Because horses like sugar. So the reindeer didn't come, then it was coming from Spain and with his horse and on the 7 day and no win for the kids. And I remember my mom going to the local bake during the week we didn't notice his kits, and she would make an appointment and then the local bank addresses up as saint Nicholas. The dress up as black people. They rattled chains on the shutter so you terrified this children under the table. We were sitting on the table. I remember that. The same comes in and you know the voice from the baker. And he opens the big wide book with all your sins so you believe this is true. He knew you. He knew you were like oh God, New York was a very local at the time. The size of town. Okay, so that's December 6th. And then there's a couple of weeks where not much is going on or what happens. There was a time that don't you think Nina that sonic loves was actually a bigger party than that Christmas because they were presents. And then when Christmas, Christmas was more the religious movement family and much more in church was much more the birth of Jesus and it was the religion and you went to master the nightmares. I wasn't a choir, I was acquired. I didn't get presents when I was young for Christmas. And saint Nicholas. And now it's all changing. In the closet still there, but not as much because they have the big dinner and then you have the presentation. On the tree. Let's talk about the Christmas December 24 December 25 celebrations in Belgium. What would happen typically? We do mostly every year. It's like 24, we are invited with our families, the night before Christmas. We have a great dinner. We get the gatter, and we open our presence at midnight, at midnight. Yeah. Is that after church or regardless of church? It depends. If you go to the midnight mass, which usually started on 11, you'd be out midnight. Did you go back home around midnight half past midnight and Daniel open your presence? So kids are staying up pretty late on that. Oh yeah. It's great. Every time. It's so fun to talk to both of you about this because you're both lighting up like children here remember what it brings back memories. I thought it was a fantastic time. Can you please just because I love the Flemish language? Wish our listeners.

saint Nicholas Belgium Spain Fernando menge Nina derricks Ferdinand Nina black Peter Black Peter Amsterdam Peter Drake Netherlands the Netherlands Nicholas Peters Pete Peter Nina New York Daniel
"european" Discussed on SRB Media Podcasts

SRB Media Podcasts

03:29 min | 1 year ago

"european" Discussed on SRB Media Podcasts

"Got the both you know. It really is a good read but he called. Get it now. You know unless you buy off someone else or you find it somewhere where you know in alive via something but it it. It really is a good read because it tells a story valley you know that road rough it up and it was. It was a long road paul because he can imagine. a fish. Game is on the sixteenth of september. So close to that. Now it's nearly starts and the last game overseas wednesday. The twenty fifth twenty six twenty six twenty six night. Let me just get that right. Twenty six mate in russia and in between now with a bit of a disastrous season in the league or something we could child but also obviously the winning of the older pink coke was the big thing is that year. Let's just talk briefly bite. Rob rob scott a tremendous career as a journalist during steph for aston. Villa also did a piece Bishop's both in the sports august that was always very very enjoyable raid the goi as an encyclopedia football particularly aston villa. All just think forty years on Okay twenty years ago. Offering the publishers should do it rerun and publish a load more books so villa supporters of the more modern. I each combined that book and read just fantastic. You is were in those days. 'cause you really. It's a story that should be told it needs to be told. There's also the documentary. That's coming out of there. Were certain sunni talks about it that documentary but you. Ned roundabout trade six of my next year to commemorate the forty years of. You'll fantastic achievement is still gonna be connived. I wish this to pull place you know so you can keep this world onto your hat until next week. But we're gonna make a to the forty website We're gonna make it at announcement we are at the moment. Do not filming so we started. Yesterday it's done today amadou tomato so what to do with us. Paul is that we've got to be twelve players. You're going to get the face long in this in this documentary as obt splurgy. Say it's gonna be next. May before the european final european champions league final so far we're doing about three plays a day so i've i was on yesterday mold. In fish chemic- knowledge made his way down from scotland to do the second session. Gb cable from swazi to do to save section so that was the day today so all three of those all three of us. We lengthy talks with the guy. Who's who's in charge of it. You know something about couple of hours so this is going to be a lot of stuff that he's going to collect and then he's going to have to head into an out a half something like that show..

Rob rob scott Ned roundabout steph aston villa coke aston russia paul Bishop Villa european final european champi villa football Paul scotland
"european" Discussed on SRB Media Podcasts

SRB Media Podcasts

04:12 min | 1 year ago

"european" Discussed on SRB Media Podcasts

"The football league. He's got such a. It's such a history and and but that history thing was all before the will it was before the war after the rollers the was the faa cook. Win a with johnny dixon team yet in fifty seven fifty eight anyway. Yeah yeah fifty. Seven analysis less time really thought a big prize had been because when you look at the big prizes. Bfa swimming the trump picture you know. The the icing on the cake is winning a european trophy so it never been done by a but then you go as you say you go forward a liaise and you see well forested you know. I mean that was just phenomenal. Really where they came from. At least when you look avila you think about the history with it forest out that history that was associated to the football club. You so yet. You know from all points of view from a science perspective of aston villa. They should have been waiting mall. I suppose you know 'cause it was it was a big club on obviously still as So you know. The recognition was with by possible. I think as the years wore on. I think we seem to drift out to people's vision and mine's about us davila one when your opinion cook but this is we know the records books weed out within the history show at all. Put it to view. We will always be the greatest villa side to win the league. Win the auto paean until under the team does of just gonna do Alan hudson always those of gutter keret chapel. You're the brightest west midland side. That has ever played football since eighteen eighty eight. That's site magnificent. Aston villa you'll achievement with your players has been to win the league and then when the european cope a. Not win the champions league now but it's easier to win the champions league because you don't have to apply four t to lay games to get into that tournaments. You can finish fourth in leg so for me. It's always been more difficult trophy to win the european cup. It's the defining champions of europe. I wouldn't disagree with you paul. You said it the way you know any commentator lot yourself because you understand the game. You'll understand the achievement as apply. Sometimes you you try to avert to knock down a little bit more sympathetic about it. Yeah you know you don't want to over blow the achievement. But i think what you think forty years ago. Yeah that which is what it was. You know this. Is this like this season. Eighty eight hundred eighty two. This was the start of the road to russia as we called it. All book that we brought at the end of that all in twenty years after the Celebration and it's from that book where you know. I got really good stories and quotes the games that we played is women disco system this book that was written folded by rob bishop who is a report to as there's awake for the villa these days but also is a great writer books as well about you know in the midlands. I'm british tasteful. In in twenty in two thousand and one yet to commemorate the row cold road to rotterdam and it was a book entitled to and then for those people who got it..

johnny dixon football Alan hudson keret chapel faa champions league avila aston villa davila swimming Aston villa european cup villa europe rob bishop paul russia midlands rotterdam
"european" Discussed on SRB Media Podcasts

SRB Media Podcasts

03:03 min | 1 year ago

"european" Discussed on SRB Media Podcasts

"Wellard. Welcome all to through. The is champions of your wonderful. Does that same de. He's only showers. Good it's you know it's it's it was a great from my point of view everyone the league the season before it was just the icing on the cake rarely to in a way i feel proved to everybody that being champions at eight hundred. Eighty one was no fluke. I go onto the champions league or the european copacetic was dead. You know it was it was it was. It was accomplished with very much. The same place played at eighty eight thousand that season. If anyone saw the acid villa we get to the final. And we'd i wouldn't have thought into many. There's obviously i don't think we did. But it was a chance. There's always a chance blow and we took a chance and everything worked out well. Given the fact that england did add a really good record in in europe in the european cup in particular. Had that stranglehold on it from seventy seven through to knowing say ninety. Two and two scouts is from the same school. Lifted it which that will never ever be repeated. The aston villa were at least the equal to either liverpool or nothing in forest a distinct the with the perception of it was they only won the league in it. One and then. I played the european cope. They had no internationals in the team. They would just assaulted from the middle of the country in birmingham so under developed a really good team or you could argue certainly two teams both in the well. Villas team that went on with his most successful than the first thing in the image of the first team but philanthropy knocking on that door for several seasons. And that some fantastic pliers. Denny's i'd agree. Paul for you know we. We've spoken about before about the seventy six seventy seven team. Will they should have been most successful but the but we never. We never reached a height stop. I felt we would do especially after that season. We mentioned before while about rum building under the team in that model. Did you know what a the difficult things is. When people say i still villa. They wouldn't wear to change yes. It's not like liverpool or nothing good. You can easily pinpoint that but when you look at the villa people will say well where this team i think the other side of israeli did you get recognized and be while that the fish teams. You know.

Wellard champions league european cup aston villa liverpool england europe birmingham Villas Denny Paul villa
"european" Discussed on ESPN FC

ESPN FC

02:06 min | 1 year ago

"european" Discussed on ESPN FC

"You care about numbers. The well i'll be honest. Only be as good as somebody coming in. Go by the way you number is all this route. That was ed regardless forever. Liverpool tila left with selflessly own. Ask me number those heady days of the night in if the ninety four slightly Four lately shape identifiable before you went and chef who hunt four tila. Fortunately left believable. Livable boss magnificent when we when we grew up because they had the same number like for ages. Yeah number. Six and steve before number seven was mogae ally and boundless ten. Okay final question. Would craig either support manchester united for the rest of his life. All get steve's haircuts. Every time he goes to the barber's or has he odd number. I would get here. 'cause well wow look at. It's coming by controlling confirmed by your regular hairdresser. You got the numbers wrong correct. Only five a walked in all bolshie. Mona only johnson with this question. Yes do to on the shade. Yup yes yes three on the top two no okay thumb. I'd say five or six five. Thank you very much guy places talk travels. We'll be back tomorrow for more as big games across the year..

mogae Liverpool steve ed craig manchester barber Mona johnson
"european" Discussed on ESPN FC

ESPN FC

04:07 min | 1 year ago

"european" Discussed on ESPN FC

"Signal thrills says meanwhile craig you've picked manchester city. Norwich why i will see you. Freeze that question to him wrong. Right at was the question was just my brother asked. The question was asked by production right. What team are you looking forward to watching to see the difference in the second week. What fixture okay. Do you think forward forward. Just say. I don't know what you've ever looked forward to anything. Well i'm not looking forward to that. As a spectacle we saw. What liverpool signed last week. Are you looking forward to seeing how much to respond. Now you've clicked there we go. I'm linden to see what are going to take to the pitch. After average best performance last week okay best. I'm expecting it to be a weapon. What affects does lay off. I'm surprised you even looked headed. So that's story they're they're cannon fodder israel this season so not so just because the beat last week. I'm looking to see what muncie the not looking forward to the factual game. Meanwhile yeah you've taken away from the premier league euroschools. You're of course looking for bruce your response after losing against buying. They always lose. But the reason. I did that friday by two points. The gladbach and there should've had two penalties against him and the whole world. Oh there's another champion this season in germany. After nine times by munich on the next day they winning sides do games my old club android frankford on andrew who have very very bad but it's still score two goals but germany went into frantic. Door will win the league win the league. They got the worst squad then. Six best squatting germany. Lots of terry said in front page all over the place and sadly enough then we supercup on tuesday and by onto their best players winning three one and they were happy as larry winning winning a title again. So the reason. I'm looking forward to. This is going to to a place with fribourg not very well known team also germany still a tricky place to go and he will see how they respond because the dog yes. Good rice's good hall is good. Rain is good on his day and so on on going backwards on that page. They got poss- like he wouldn't go into a winning team. I'm under censure. Vissel actually used to be good slow unbelievable slow and this is the guy who are going to win the championship. So danita response this saturday. Also after that loss against by amused looking forward to that game matteo seriously. I mean i'm not funny. He was a great player right. I'll give you an absolutely wonderful player. But i don't think there's much drivel that all my life sex-based i know the squad's not strong strongest last year. But to come up. Nonsense surely these taylor series greg. Lot first of all take him serious after one hundred fifty games. Some twenty-five woke up games taking the serious but he's not playing anymore young nice just as as as we as we as we are But but but what. He tried to say which is fair. Does some thirteen to when you read the article. Thirteen twenty the lights. He's will be better. Dalton will be but it doesn't matter because the starting eleven of bio munich is is brilliant. They may have twelve thirteen players. Are we should. We should be aware of that situation by because a couple of injuries. They won't be as good as there used to lead lot the symbol of the wishful thinking. That may be maybe an hour time before we get grandchildren. That there will be another champion in germany by munich. Craig does gretchen anyway. So that's a classic case. Hasn't played twenty five times for germany. It must be seen correct item nonsense. Let's say no good.

germany manchester city Norwich muncie linden Vissel craig munich danita liverpool cannon premier league bruce poss israel terry andrew larry matteo rice
"european" Discussed on ESPN FC

ESPN FC

01:30 min | 1 year ago

"european" Discussed on ESPN FC

"Show. We showed you the premier league matches boys nast which one in particular were you looking forward to after what we saw in the opening week. steve also chelsea did yes caucus of course complaint on kind of looking at the arsenal angle Yeah you tell one of the teams who who would of promoting say yes and it was always going to be a test you talk about failing miserably to. I'm interested to see how the bones bike right and actually the question asking myself was company bones back. I mean number one. The planning chelsea So even in their hands right to confident that all the questions that the higher after the played last weekend against brentford will the over on the roof for the oath plead an occasions. Lutely asner was to say that. Come up not brentford. I come to the conclusion that not very good. Very good or find a positive thing. Come up with the going to do against chelsea ryan and then fight. The fighter hole might be even more honest because of the startling game. Bodley the impression i'm getting knows. Arsenal funds are after the blood. So i'll wait to everybody's blood. The players the mind you the agency going crazy on social media.

nast Lutely asner chelsea steve brentford chelsea ryan Bodley