Germany pushes for post-Brexit EU trade deal with India

first_img“It’s important for us to proceed with the German-Indian — or rather, the EU-Indian — free trade agreement,” Merkel, who didn’t seem too bothered by her slip of the tongue, told a crowd of CEOs and government officials gathered in a hotel in central Berlin.“Germany will make a massive effort in Brussels so that these negotiations get going again and perhaps proceed more quickly than was possible in the past,” she added.Talks on a free-trade deal between the EU and India got under way a decade ago but hit the buffers after six years, amid disagreements over agriculture, generic drugs and the movement of workers.German business pressureMerkel’s push to restart the process follows growing pressure from Germany’s business lobby.German companies are eager to tap deeper into the Indian market of 1.2 billion people but they say they need more stable conditions to secure investments.“We clearly see the progress India has made,” said Hubert Lienhard, chairman of the Asia-Pacific Committee of German Business umbrella group. But, he added, “As always, more needs to be done.” A comprehensive EU-India trade agreement could institute an investment protection framework to replace bilateral treaties.A year and a half ago, Modi’s government began to terminate several investment treaties with Germany and other EU countries, scrapping key protections for foreign investors. Among other things, some foreign companies can now no longer rely on courts of arbitration to settle disputes they have with the Indian government.A comprehensive EU-India trade agreement could institute an investment protection framework to replace those bilateral treaties — which explains why, for many German companies, resuming the negotiations over a trade deal has become more urgent.Brexit opportunityBrexit could provide an opportunity to kickstart those talks, business and government officials agree privately.Two important elements that stalled the negotiations four years ago were visa liberalization demanded by India for its professionals and the high tariffs the country has on foreign wines and spirits. In both cases, the U.K. played a key role — resisting change on visas and demanding lower tariffs on wines and spirits. Now the EU could be free to make more concessions.”We’re optimistic that Brexit will speed things up,” said a lawyer consulting for companies on EU-India investment. BERLIN — The European Union will be trying hard to land a prize that Britain is also aiming for post Brexit — a big free trade deal with India, German Chancellor Angela Merkel made clear on Tuesday.Some analysts believe Brexit may make it easier for the EU to do such a deal as it will no longer have to take account of British concerns, such as those about granting visas to Indian workers and India’s tariffs on Scotch whisky.After hosting Indian Prime Minister Narendra Modi, leader of the world’s fastest-growing major economy, for 24 hours, Merkel used a joint appearance in front of business representatives from both countries to stress that Germany was committed to reviving efforts to conclude a free trade agreement between the EU and India. So far, the U.K., partly due to its historical and linguistic ties, has been the biggest investment destination for Indian investors in the EU, giving Indian companies a gateway into the bloc’s single market. But Germany could be in line for a slice of that business after Britain leaves the EU.”Germany is [currently] the second-most attractive destination for Indian investment,” said Shobana Kamineni, president of the Confederation of Indian Industry business association. “But that was before Brexit, and all that might change.”Hans von der Burchard contributed reporting.  Also On POLITICO Better off boring: Oettinger takes center stage minus the gaffes By David M. Herszenhorn, Quentin Ariès and Ryan Heath German carmakers remind Trump they create 110,000 US jobs By Joshua Posaner EU’s Brexit bill to the UK would cover cost of 74 agencies and institutions By Marion Solletty An ambitious trade agreement with India, slashing both tariffs and non-tariff barriers, would have the potential to more than double EU exports to the country within a decade, according to a study published this week by the German economic research group Ifo Institute. At the same time, imports from India to the EU would rise by 87 percent, the study estimated.German Chancellor Angela Merkel and Indian Prime Minister Narendra Modi stand in front of the Brandenburg gate | Tobias Schwarz/AFP via Getty ImagesThe study predicted a mixed impact from the fact that Britain would no longer be part of an India-EU free trade deal. It said the overall financial value of the deal would be lower and this “must be expected to weaken India’s interest in the undertaking.” However, it also noted that some EU countries, including Germany, would see larger gains from a deal that did not include Britain.Modi stressed on Tuesday that India was interested in foreign investment as well as trade.“We have many dreams and the dreams are big,” Modi said, raising the prospect of “building millions and millions of houses” and the “setting up of high-speed rail corridors.””But we have a short timeline,” he added. “And this is your opportunity.”On investment too, Brexit will have an impact, business representatives believe.last_img read more

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Insomniac Releases Lineup For Electric Daisy Carnival, New York

first_imgToday, Insomniac announced the lineup of artists who are set to fill MetLife Stadium with booming beats at the third annual Electric Daisy Carnival (EDC), New York, this Memorial Day weekend May 24-25, 2014. With its boundary pushing, creative production, fireworks, larger than life art installations, full-scale carnival rides and more, the show will completely transform the grounds into an audiovisual playground not to be missed this holiday weekend.“We’re really excited to return to MetLife Stadium for the third annual EDC New York,” said Insomniac CEO and Founder Pasquale Rotella. ”Everything from the stage production to the theatrical costumes will be bigger and better. I am so inspired by the energy and passion of the fans and I want to give them an experience that matches their enthusiasm.”Fans will be blown away by Insomniac’s signature creative atmosphere, which will include over-the-top production across four stages, including the East Coast debut of the iconic 100-foot animatronic Owl stage which unveiled to a sold out crowd at EDC Las Vegas 2013. EDC New York attendees will be the first to see the new and improved Electric Daisy art installation, standing at 125 feet tall, as massive fireworks displays light up the night sky above the festival grounds.General admission tickets are currently priced at $199 with VIP for those 21 and over at $299 before service fees. Prices will increase as allotments run out. VIP amenities will include a separate entrance to the festival for rapid entry, exclusive decks overlooking the stages including lounge areas and full cash bars, private restroom facilities, and a souvenir laminate and lanyard.For more information and to stay up to date with the latest Insomniac news, visit www.electricdaisycarnival.com and www.insomniac.com.This year’s lineup includes the approximately 70 artists listed alphabetically here:2MANYDJS3LAUADAM BEYERADVENTURE CLUBAFROJACKALEX METRICALVAROAPSTERARAABMUZIKART DEPARTMENTBAGGI BEGOVICBASSJACKERSBASSNECTARBLASTERJAXXBORGOREBOYS NOIZECASH CASHCALVIN HARRISCARL COX & FRIENDSCEDRIC GERVAISCLAUDE VONSTROKEDAMIAN LAZARUSDANNICDANNY DAZEDESTRUCTODJ EDDIE ALVAREZDJ SNAKEDUSKYDWAYNEFRANCESCA LOMBARDOFRENCH FRIESGREEN VELVETGTAHARD ARENAHARDWELLHEADHUNTERZJOHN DIGWEEDJUST BE (BUSHWACKA!)KASTLEKILL FRENZYKREWELLALOCO DICEMANO LE TOUGHMARTIN GARRIXMERCERMICHAEL GRACIOPPOMKNEW WORLD PUNXOLIVERQUINTINOR3HABRUDIMENTAL LIVESANDER VAN DOORNSKREAMSTARKEYSTEVE ANGELLOSUNNERY JAMES & RYAN MARCIANOTALE OF USTIËSTOTOMMY TRASHUMEKUMMET OZCANYELLOW CLAWlast_img read more

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Memorial services

first_imgMAYBURY-LEWIS MEMORIAL MARCH 24A memorial service for David Maybury-Lewis, the Edward C. Henderson Research Professor of Anthropology Emeritus, will be held Monday (March 24) at 2 p.m. in the Memorial Church. Maybury-Lewis died Dec. 2, 2007, at his home in Cambridge, Mass. He was 78.BYSE MEMORIAL SET FOR APRIL 4A memorial service for Byrne Professor of Administrative Law Emeritus Clark Byse will be held April 4 at 11 a.m. in the Memorial Church. A reception will follow at Loeb House, 17 Quincy St.A pre-eminent scholar in administrative law and contracts, Byse taught for more than 50 years at the University. He passed away Oct. 9, 2007, at the age of 95.last_img read more

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Kyle Busch chimes in on Erik Jones’ potential future at Joe Gibbs Racing

first_imgRELATED: Kenseth uncertain on future, but doesn’t think it’s with JGRMatt Kenseth all but confirmed Friday at Kentucky Speedway that this season would be his last with Joe Gibbs Racing, and his longtime teammate Kyle Busch hinted strongly at who would replace him later that evening on Sirius XM NASCAR Radio.After Kenseth, who has been with Joe Gibbs Racing since 2013, told reporters that he does “not think (he) will have the option to return to race at JGR next year, unfortunately,” Busch was asked about the news on host Claire B. Lang’s radio program.And he was pretty clear about who he thinks will be in the No. 20 Toyota in 2018.“Erik Jones, I would believe, they’re going to announce him going into that car,” the 2015 champion said. “I can’t say that’s the fact, but … I certainly wish that we didn’t have the cap of four (full-time cars per team) and that we could grow and be a bigger company than what we are right now.”Jones, the former Kyle Busch Motorsports driver, essentially is on loan from JGR to the aligned Furniture Row Racing team on a one-year deal to drive the No. 77 Toyota. If Jones is indeed set to return to the organization, it appears Kenseth is the odd man out.RELATED: Jones on 2018: ‘I don’t know’“Matt, he’s been a tremendous teammate; I’ve loved having Matt as a teammate,” Busch said. “Actually, Denny Hamlin and I, we coerced on figuring out how to get Matt over to our team (from Roush Fenway Racing) back when we were looking for that guy and we’ve been grateful to have him over the last four, five years. It’s been a lot of fun.”As it stands now, Kenseth does not have a ride for the 2018 season. He has been linked him to the impending open No. 88 seat at Hendrick Motorsports currently inhabited by Dale Earnhardt Jr.Earnhardt, too, was asked Friday about the prospect of Kenseth racing next year, to which he replied, “Matt’s going to have a job. I don’t think he’s going to have to worry about that.”MORE: Junior on Kenseth dilemmaWe just know now that — unless something changes — that job won’t be with JGR.“I don’t know all the specifics and I don’t know exactly what’s going on,” said Busch. “I haven’t been told 100 percent, but some people in Silly Season are pretty smart and they can kind of see how it’s all going to fall and they can figure out how it’s going to line up, so don’t be too shocked, that’s all I’ve got to say.”last_img read more

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Dale Earnhardt Jr. signs multiyear deal with NBC

first_imgRELATED: Key players in NASCAR’s Silly SeasonMark Lazarus, Chairman, NBC Broadcasting and Sports hinted that Earnhardt Jr. could have an opportunity outside of NASCAR as well.“We are excited to welcome Dale Jr. to our team – both on and off the track,” Lazarus said. “As a company, NBCUniversal allows for talent to stretch themselves across not just their field of expertise, but across other areas of their interests in the media world.”NBC executives previously had discussed Earnhardt’s TV potential in conference calls with reporters.“I think he’d be an excellent broadcaster,” NBC executive Sam Flood said during a call with media members in June. ” … He’s a talented guy and I think he’d be quite an addition to any broadcast because he’s curious, asks good questions and cares deeply about the sport.“That’s the hallmark of our group. These people care deeply about the sport of NASCAR and the growth of NASCAR. … Junior’s got a bright future, it’s up to him where he wants to do it and what the opportunity might be for him.”RELATED: Appreci88ion tour set | See all of Junior’s Monster Energy Series winsNBC television analyst Jeff Burton, a 21-race winner who retired from NASCAR competition three years ago, also gave his thumbs-up to Earnhardt’s potential behind a microphone.“It’s difficult (to leave),” Burton conceded. “But it gives you an opportunity to have an impact on the sport and continue to have the relationships you’ve built over a lifetime and quite honestly to talk about something you’d be watching anyway.“I love watching racing and Junior’s no different. It’s been a great transition (for me) and I think it would be for Junior as well.” NBC Sports Group announced Monday morning that retiring NASCAR superstar Dale Earnhardt Jr. will join the company on a multiyear deal beginning in 2018.The two-time Daytona 500 winner Earnhardt, 42, who is retiring from full-time competition at the end of the season, has worked in the live television booth a handful of times — including at this year’s “The Clash” preseason opener during Daytona Speedweeks — as well as some XFINITY Series races over the last two years.NBC broadcasts the second half of the Monster Energy NASCAR Cup Series and NASCAR XFINITY Series seasons. NBC also is partnering with Earnhardt on Dirty Mo Media and Hammerhead Entertainment.“It is a tremendous honor not only to join NBC Sports next year but to begin a new career alongside people who love NASCAR as much as I do,” Earnhardt said in an NBC release. “To be reunited with Steve Letarte, to be able to call legends like Jeff Burton, Dale Jarrett and Kyle Petty teammates rather than just friends, to be able to continue going to the track and connecting with race fans, it’s a privilege I don’t take lightly. I will devote my heart and soul to this broadcast team and pledge my very best to the millions who watch it.”last_img read more

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Fantasy Three Up: Last-minute Las Vegas advice

first_imgPLAY NOW: Set your Fantasy Live lineup | How the new Fantasy Live worksRyan Blaney will start on the pole for Sunday’s Pennzoil 400 presented by Jiffy Lube at Las Vegas Motor Speedway (3:30 p.m. ET on FOX, PRN, SiriusXM NASCAR Radio). With three practice sessions for this race in the books, we’ve dissected the numbers and 10-lap averages to offer a look at three drivers worthy of your Fantasy Live consideration as you go to make roster decisions for the third Monster Energy NASCAR Cup Series race of 2018.1. Ryan Blaney. It’s not exactly a hot take to come out and say that the pole winner is a smart choice to include in your Fantasy Live lineup, but the Team Penske driver can’t be ignored Sunday. Second thus far in Monster Energy NASCAR Cup Series competition in the laps-led column, Blaney will likely pace the field for a good chunk of the race and could add a stage win to his credit. Saturday’s final practice winner has a 10.7 average finish at Vegas and has finished in the top seven the last two times out. RELATED: Fantasy analysis for Las Vegas | Full lineup | 10-lap averages2. Kyle Larson. If there’s one driver you absolutely must start — especially if you’ve yet to use him — it’s Larson. Saturday’s Xfinity Series winner also tested at Las Vegas earlier this year, leading the second session during the event. Safe to say he knows his way around the Nevada track pretty well. The Chip Ganassi Racing driver also paced the first two practices of the weekend, was second-best in the third session, and had the fastest 10-lap average in the final tune-up. As long as he can keep it clean, the No. 42 — last year’s race runner-up — will have plenty of speed.3. Kevin Harvick. You already know Harvick is among the best — if not the best — at the intermediate tracks over the past few years, and last week’s Atlanta winner should find his way to the front again on Sunday. (It shouldn’t take too long, as he’s starting second.) Harvick also put together the fastest 10-lap string in the second practice, was second on that chart in the final session and won this race in 2015. Get him in your lineup, but remember — you’re likely going to want him next week at Phoenix, as well, so keep an eye on his starts meter. Pat DeCola’s revised Fantasy Live lineup following practices and qualifying:1: Joey Logano2: Ryan Blaney3: Kevin Harvick4: Martin Truex Jr.5: Kyle LarsonGarage: Kurt BuschAnalysis: I’m going heavy with this one. The fastest cars seem to be pretty clear this weekend, with the Fords showing their early season speed might be for real (Blaney, Harvick, Logano) and usual suspects Larson and Truex acting like themselves when it comes to intermediate tracks out west.Based on their speed and past track history, I suspect all three Team Penske cars will be among those vying for the lead/win at some point, so I have two of them in there but seriously considered the full trio. Logano has finished in the top four in three of the past four Vegas races and is due for a win. Good time to capitalize on his quick start to the season. Busch — another Ford guy — has been shut out of a win at his home track in 16 attempts and doesn’t have a tremendously favorable history at Vegas, but he did test there and could be fast like he was at Atlanta. He’s a good garage pick because of his high ceiling, moderate floor.Remember to set your roster and bonus picks ahead of Sunday’s 3:30 p.m. ET start time and to keep tabs on your team during the race with the ability to go to the garage locking at the completion of Stage 2.last_img read more

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Culturalist Challenge! Which Cameron Crowe Project Should Follow Almost Famous to Broadway?

first_img(Composite by Ryan Casey) The Broadway.com staff is crazy for Culturalist, the website that lets you choose and create your own top 10 lists. Every week, we’re challenging you with a new Broadway-themed topic to rank.This past week, it was announced that Almost Famous, the 1973-set film that chronicles the coming of age of 15-year-old music fan William when he lands an assignment from Rolling Stone, is being adapted into a musical. Scribe Cameron Crowe is working on the book, and Pulitzer and Tony winner Tom Kitt will create the music for the production. On top of dream-casting Penny Lane all weekend, we also want to ask the fans: which other Cameron Crowe project should follow the iconic film to the Great White Way? Broadway.com Content Producer Lindsey Sullivan started this challenge off with her picks. Now it’s your turn!STEP 1—SELECT: Visit Culturalist to see all of your options. Highlight your 10 favorites.STEP 2—RANK & PUBLISH: Click “rearrange list” to order your selections. Click the “publish” button.Once your list is published, you can see the overall rankings of everyone on the aggregate list.Pick your favorites, then tune in for the results next week on Broadway.com! View Commentslast_img read more

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Throwback Thursday: Remembering That Other Bob Dylan Musical on Broadway

first_img Girl From the North Country, Tony nominee Conor McPherson’s new musical set to Bob Dylan’s songbook, starts previews February 7 on Broadway, but it wasn’t the first musical to bring Dylan’s songs to the stage. Let’s take a moment to remember Twyla Tharp’s 2006 take on Dylan, The Times They Are A-Changin’. Starring Michael Arden, The Times They Are A-Changin’ marked a big return to Broadway for award-winning choreographer Tharp, who had opened her Billy Joel musical Movin’ Out four years earlier to great critical acclaim. The Times They Are A-Changin’ was set inside a traveling circus (featuring onstage trampolines and acrobats). It told the story of a tyrannical circus master named Captain Ahrab and his son Coyote, who’s unsure about whether to take up his father’s reign over a cast of clowns. To express his discontent, Coyote sings, unfiguratively, the title song. Unlike Movin’ Out, The Times They Are A-Changin’ chose a more literal path with a popular singer-songwriter’s work. After all, there are “jugglers and clowns” in “Like A Rolling Stone.”The musical closed after 28 performances at the Brooks Atkinson Theatre. Take a look at video footage of Arden—who’d go on to forge a successful Broadway career as a two-time Tony nominated director—and the cast of The Times They Are A-Changin’  below.  Girl From the North Country Related Shows Michael Arden and Charlie Neshyba-Hodges in “The Times They Are A-Changin'” during its pre-Broadway run at the Old Globe in San Diego, California. (Photo by Craig Schwartz)center_img View Comments from $49.00last_img read more

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CSJ’s Marble Valley Grows awarded Bowse Health Trust grant

first_imgVermont Business Magazine College of St Joseph has been awarded a grant by the Bowse Health Trust, a department of Rutland Regional Medical Center. The grant awards $88,400 over three years. Marble Valley Grows, the farm-to-school network run by Kimberly Griffin, College of St. Joseph’s farm manager and wellness coordinator, will use the grant to continue working within Rutland County schools to enhance education and access to healthy food choices. Griffin developed Marble Valley Grows last April, and has been working to educate children about healthier food options, to include them in the decisions about the food they are served, educate them on where food comes from, and to empower them to grow food themselves. “Farm-to-school organizations are all over the state,” Griffin said. “But there was an obvious gap in Rutland County.” Most of Marble Valley Grows’ work can be divided into three parts: Education, in-cafeteria taste tests and food scrap sorting, and outdoor learning in school gardens. The program currently partners with seven classrooms in five different schools across Rutland County and sends College of St. Joseph students to teach classroom lessons, collect food scraps and help build classroom gardens. “School gardens in many ways become community gardens,” Griffin said  .And community is one of the big reasons Griffin took on the daunting task of creating a farm-to-school network for Rutland. “The Health Needs Assessment continuously indicated obesity as an epidemic in our county. Part of that is nutrition and nutrition education,” she said. “Marble Valley Grows educates students on healthy food choices, so it will hopefully begin to shift the attitudes toward health in the region.” Looking ahead, the grant will be used to continue the development of school garden programs, as well as the addition of other schools and classrooms throughout the region. Marble Valley Grows partners with organizations including RAFFL, food service providers, Shrewsbury Institute for Agricultural Education, Addison County Re-localization and more. The partnering schools include Northeast and Northwest Elementary in Rutland, Proctor, Christ the King and Lothrop. The Bowse Health Trust, a department of Rutland Regional Medical Center, has awarded over $4 million to over 55 programs in the local community since 1996. 2016 grant recipients also include the Southwestern Vermont Hoarding Task Force, hosted by Bennington Rutland Opportunity Council, and the Community Impact Program, hosted by Wonderfeet Kids’ Museum.Source: College of St Joseph 12.11.2015last_img read more

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LandSecs faces legal challenge over Oxford Street scheme

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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