"Where an entrepreneur wants to and can offer a service, the state should not compete," Kallas said. "Companies such as [telecommunications company] Levira, [postal service company] Omniva, [road maintenance company] Eesti Teed or [energy group] Eesti Energia's renewable energy arm [Enefit Green] should be either partially or fully privatised."According to the chairwoman, the goal of the Reform Party is to make the income of all people grow faster. "The state's task here is to make the lives of law-abiding companies as simple as possible and help them create more value added," she said. "It is also important for the state to not put too much strain on entrepreneurs. We have to critically reassess companies' reporting obligations, and the state should also not ask companies for the same data over and over again. The Reform Party's initiatives of zero bureaucracy and reducing the number of public officials, which have come to a standstill with the Centre Party's government, should … [Read more...] about Kallas: Estonian state should privatise public infrastructure companies
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Washington's unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, and the subsequent resumption of sanctions could complicate international trade with the Islamic Republic. Sputnik has surveyed 42 companies in Germany, Austria and Switzerland involved in trade with Iran, asking whether they would maintain cooperation with the Islamic Republic at the expense of their business activity in the US or yield to Washington's pressure. While the answers were different, all the companies demonstrated a cautious approach. The Swiss concern ABB, headquartered in Zurich, with a total turnover of about $33 billion in 2016 responded: © AP Photo / Eric VidalCaught in the Cross-Fire: US, Iran Give EU Two UltimatumsBASF, which turnover in 2017 mounted over 64 billion euros, was similarly circumspect: "BASF will analyze the situation. Basically, … [Read more...] about US Anti-Iran Sanctions Put EU Companies at Risk: What Do They Say?
The world’s leading experts on all things volcanic have warned people not to try roasting marshmallows over lava. Responding to query from an intrepid Twitter user, the United States Geological Survey pleaded with people not to venture anywhere near molten rock in search of the perfect toasted treat. Not only is there the obvious risk of being consumed alive by the lava, but it turns out the marshmallow would also taste pretty rank – which would make your fiery demise all the more upsetting. @USGSVolcanoes Is it safe to roast marshmallows over volcanic vents? Assuming you had a long enough stick, that is? Or would the resulting marshmallows be poisonous? @JimGriffith_SV @DrFunkySpoon— Jay Furr (@jayfurr) May 29, 2018 Erm...we're going to have to say no, that's not safe. (Please don't try!) If the vent is emitting a lot of SO2 or H2S, they would taste BAD. And if you add sulfuric acid (in vog, for example) to sugar, you get a pretty spectacular reaction.— … [Read more...] about Can You Roast Marshmallows Over Lava? Technically Yes, But Definitely Do Not Try
Apple’s long cherished dream to get into the world of electric cars could finally come to fruition as the tech giant may lend its financial muscle to help cash-strapped Tesla. The world famous electric car producer is undoubtedly a bright star of the industry, but Tesla has been struggling since it managed to raise $226 million during its initial public offering on June 29, 2010. The company has been reporting annual net losses year after year with the most dramatic one in 2017, when Tesla lost $2.24 billion. Tesla’s failures have occurred as its CEO Elon Musk has been desperately trying to achieve the necessary balance to make the company’s products accessible enough to meaningfully change the world. Tesla was losing $6,500 every minute and needs another $2 billion to get through the current year, according Bloomberg estimates. The agency stressed that there is a “genuine risk” that the firm will not survive until the end of 2018. Apart from financial … [Read more...] about Apple could buy Tesla and both companies could come out winners
IT’S hard to cast your mind back to a time when Prince William and Kate Middleton weren’t together. The couple dated for a decade prior to getting engaged, but before Kate dated William she appears to have a definite type in men… The lovebirds met in 2001 when they were both students in residence at St Salvator's Hall at the University of St Andrews. The couple began dating in 2003 before announcing their engagement in 2010, and millions watched as they tied the knot at Westminster Abbey in 2011. However it could have been a different story, if Kate had ended up with one of her other flings. Here are some of the bachelors of the Duchess of Cambridge’s past…Rupert Finch Prince William wasn’t the only guy that Kate dated when she was studying at university. She also briefly had a relationship with lawyer Ruper Finch in 2001. It seems there are no hard feelings though, as Rupert and his then-girlfriend Lady Natasha Rufus Isaacs were invited to the royal … [Read more...] about Kate Middleton’s exes and previous relationships revealed … and she definitely has a type