Yesterday was Theresa May's turn. All her various failings were laid bare: her short-sighted red lines, her self-harming cultivation of ERG Brexit myths, her presentational inadequacy, her lack of political empathy, and her utter strategic incompetence. It finally all came together in a historic humbling - the worst defeat of a prime minister in parliamentary history. Today it's Corbyn's turn. His attempt at a no-confidence motion against the government, the one he had tried to avoid, was defeated by 325 votes to 306. As expected, the DUP stepped in to protect the prime minister. The Labour leader is now at exactly the point he wanted to avoid: the moment when he has to come up with a Brexit policy which does not involve him pretending that a general election would somehow magically fix everything. Some senior Labour figures now insist that their policy is simply to keep firing off these confidence motions, pointlessly, only for the DUP to keep deflecting them away. That is not a … [Read more...] about No-confidence fails: Now Corbyn faces his Brexit judgement day
Day trading pattern rule
As a society we can’t seem to make up our minds about work. Do we want more of it? Or less? There’s a chilling fog of fear over what technological advances will mean for our jobs, with an endless supply of alarming forecasts about how robots and algorithms are set to displace human workers. But there’s also a furnace of angst about low productivity and under-investment by firms in just the kind of innovations that induce those nightmares of a “jobs apocalypse”. Some lament the supposed proliferation of pointless, soul-dismantling, “bullshit jobs”. Yet no one gets out the bunting when a struggling company announces redundancies. The UK’s official labour market surveys suggest many of us want fewer hours at work, presumably driven by a desire for a healthier “work-life balance”. Yet those same surveys also show that many people also want more hours, that the post-financial crisis curse of “underemployment” has … [Read more...] about The four-day working week: Careful what you wish for?
On almost every corner of Turkey's big cities, it is possible to come across a Starbucks or see people holding hot lattes or cafe Americanos. Although mainstream American and European coffee brewing techniques seem to be conquering the tables of Turkish coffee lovers, they cannot conquer their hearts, as those belong to Turkish coffee. There is a saying: "A cup of Turkish coffee is remembered for 40 years," meaning that many friendships can be formed around a single cup of Turkish coffee. To celebrate the sleepless nights and unmatched taste of this beloved coffee, Dec. 5 has been dedicated as World Turkish Coffee Day. What makes Turkish coffee different from other coffee types is its finely ground coffee beans. The brewing technique is also unique as the coffee grounds are left in the cup. Although brewing methods for European coffees have changed throughout the years - hipsters are partly to be blamed for that - the method for Turkish coffee has remained the same for centuries. … [Read more...] about World Turkish Coffee Day: For sleepless nights and brighter mornings
Slattery was in Dublin last Friday to conclude a 200-day 68-city world tour with Embraer's new super-efficient Embraer E190-E2 passenger jet, the development of which he has led from scratch for the last seven-and-a-half years. He and his management team are also on the cusp of brokering a historic joint-venture deal with Boeing that could see the US giant acquire a controlling 80pc stake of the 50-year-old Brazilian aircraft-maker's commercial aviation unit, valuing it at $4.75bn. But what exactly that mega deal - if approved by the Brazilian government - would mean for his own personal position as CEO of that unit and for his future career he just does not know. "Being at the table with a giant like Boeing on the other side negotiating with them to create a joint venture with your business is intellectually very satisfying. Trying to achieve that in a way that is best for everyone is unique and will be hard to top after this." Success of both the Boeing deal - and of the new E2 … [Read more...] about Slattery in holding pattern as Boeing circles Embraer
November 16, 2018 06:01 PM Her Royal Highness' feet must have felt great. Princess Charlène, wife of Prince Albert II of Monaco, had her private secretary address a note to "Dear Mr. Rybolovlev," thanking him "for the wonderful running shoes, the sports bag and the clothes," he had sent her. She wrote that she had been "very touched" by his gesture and attention, and that she would "wear these presents with great pleasure." Even though business in the principality isn't currently flourishing the way it was 20 years ago, it's still good enough for the court of the Grimaldis to be able to afford their own jogging shoes. Who, then, would even consider the idea of sending athletic shoes to the palace? And why would the princess express the kind of exuberant gratitude one might expect if someone had placed a tiara in a velvet box at her bedside? To put the gift and those lines in the thank-you card into perspective, it helps to take a closer look at Mr. Rybolovlev. When he … [Read more...] about Rybolovlev’s Rules: A Russian Billionaire’s Monaco Fiefdom