Thousands of Romanians protesters marched through the streets and University Square in the capital, Bucharest. The protest against the government has now spread to over 40 cities in the country, demanding the resignation of the president for imposing harsh austerity measures in order to receive international loans for the nation’s slow economy.
Romania is seeing one of the largest protests in recent time. Last big revolution was in 1989 which brought down the communist regime in the country. The same University Square was the place where anti communist revolution took place, hence it keeps a great historical significant for the citizens of Romania.
Protesters hanged the dummies of President Basescu and other ministers (such as the Tourism and Regional Development Minister Elena Udrea) to demonstrate their anger towards his corrupt government and laws. So far most of the protesters and protest demonstrations have been really peaceful, except few incidences.
The editor of Cadran Politic Review and a close friend of ours, Gabriela Ionita went through the depth of the event and analyzed the situation with her experience in journalism.
In her recent article Romania – a revolution for evolution? on her blog, she explains that the protests in the country are for various reason. The anger against the government was stacking up for years and was only sparked by the resignation of Deputy Health Minister, Raed Arafat. It all started with President Basescu calling him enemy of health reform on national TV.
Arafat, a Syrian who became Romanian citizen, is the founder of advanced state of the art emergency rescue system (SMURD). The system is so sound that even some West European countries like France want to implement it.
The protests don’t focus only on the health reforms but has now has widened against the corruption and the bad governance of Basescu’s government.
The Government, in a failed attempt, tried to appease the protesters and the situation in the country with some excuses that didn’t convince the people of Romania. The heads of the government, Prime Minister and President, are maintaining a low profile and in between have mimic the protests by calling it a political game by opposition, similar to what we have been observing in India, which is in the state of peaceful protest and demonstration of public demands since early 2011 (as the country saw protest against Black Money and Corruption).
A large number of Romanian protesters are demanding for early election and change in the government, a possibility which has been rooted out by the government saying it would create dangerous precedent and economic instability. The people of Romania seem unconvinced with this, as in 2011 the amount of foreign investments in Romania fell down by 36%, 18% of Romanians have fallen below the poverty line, a poor Romanian employee now earns 159 euros achieving the lowest minimum wage in EU countries, as compared to UK ~ 967 Euros, Bulgaria ~ 233 Euros, Poland ~ 326 Euros, says Gabriela.
As Romania became ally of western bloc joining NATO and EU, the country was supposed to be benefited but didn’t experience much change. Many Romanian soldiers have been killed in Afghanistan and Iraq unnecessarily in the name of NATO army, though the actual war was in America’s interest.
Romanian Protesters claim that the President and his close allies have sold their country resources for the benefit of himself and richer west European countries.
A similar blame was slapped on former government of Ukraine which was considered a puppet to US and West Europe, but Ukrainians were quick to realize the destiny of their country in the hands of Pro western government. The government changed in the next election, the process to join NATO was stopped and ties with Russia were fixed. (Read More: Europe or Russia? Whom will Ukraine Choose?).
Looking at the scenario in Romania, the theory of East Europe loosing confidence in Democracy, capitalism and western powers looks even stronger. In an article posted few weeks ago (Democracy, Capitalism Loosening in Former Soviet Union, Union is Being Missed) we took example of three East European countries, Lithuania, Ukraine and Russia to show that the public confidence in their economy, democracy in their country and western powers is declining. Now Romania is joining the same league, showing that governance and economy culture enforced by western countries is not working out in this region as the current ruling politicians are not much enlightened on how to lead a democratic society.
US, which claims to support the voice of the people in the name of democracy, is currently quiet and is just following the protest incidents happening in the country. As the deal of Anti Ballistic missile with Romania is on the way, US wouldn’t like the government to fall down.
It is very much similar to what happened in Egypt. Mubarak was a dictator, but at the same time an ally of US. When people marched and organized rally in protest against their Egyptian leader, US was mere a spectator. But when people came out to protest against Libyan leader Gaddaffi, NATO and European force came up with full military, monetary and medical support.
Just like conventional media, this protest event in Romania has taken over the social media as well. While Romanians are posting the updates of the events, people living in different countries are getting the real picture which is sometimes purposely not covered by mainstream media.
Facebook is full of pictures and videos from the University Square.
A commentator on our Facebook page (Join Now) says, “The generation of protest is the favorite and catchy scenario all over the world .No body is satisfied with anybody. Once the protestors are satisfied with their victory, next they start fighting amongst themselves to establish his/her (group) hegemony. This continues till a powerful group with support of Arms and Ammunition s from neighboring / interested greedy country, takes over through a massacre of human lives. This is NOT THE END. Vultures are available to exploit with slight provocation. The century of protest is on.”
Davis Wendy on RT says, “It’s a coincidence I guess that the entire globe’s developed nations are simply coming unglued. It’s funny how the collapse of economies simultaneously occurred just as a handful of “savvy businessmen” got richer than stink. Credits ruined, homes lost, jobs outsourced, medical care unattainable, currency crashes, the banks becoming consolidated into a mega corporation. All just a fluke, right? Do you think we are stupid? The party is OVER. It was devised, designed to end with them with everything and us with NOTHING. Pawn shops have never done so well. How dare men without regard for human suffering are now equipped with their very well-trained personal armies!”
Another commentator on Facebook says, “Americanism…Romanians you caught that one …part of the American bankster extortion or harvesting program…you too can now have mind numbing psychotropic drugs with little effort. Don’t stress about it and no need to protest about it….there is always Prozac. hahaha. (made in Taiwan)”
Aleahim said, “None of you know the truth about how hard is to live nowadays for the people in Romania. We have no industry, no doctors, the education system was crushed… everything is being sold to other countries for 50 cents… people can’t stand this anymore! First get informed and then comment! The protests will go on until some changes will be made, for better living conditions hopefully!”
An intellectual gentleman Dan Veliscu told RT, “In Romania – a country were almost nothing works as it should or as it’s claimed, we have one working emergency service – the SMURD. And now a good-for-nothing president tries to close it. People have sided with the SMURD, against the president who, on his second term, can’t show anything that he’s done for the country – not like he did anything tangible before being elected president when he held positions such as transports minister or mayor of Bucharest.
Now the intended closure of the SMURD is just the tip of the iceberg – the spark that ignited the masses – as there are countless reasons to protest and overthrow the regime.
WE ROMANIANS DON’T NEED THE IMF! We don’t want any money from the IMF, we don’t need to borrow and we don’t want any debts for us or for our children to pay. Previous money the IMF gave to Romania were ALL stolen, most of it by banks which sent billions outside the country just as soon as they got their bailouts, and the rest was stolen by politicians. We don’t need foreign money and foreign debt, we can make it on our own. Politicians which demand IMF money are all thieves and traitors, since they want that money for their own pockets, not for the country. Let them pay the debts, not us!”
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Navigating legal matters in Spain
Starting or expanding your business or investments into a new country can be daunting. The task of understanding and complying with legal obligations and tax commitments can be very difficult, especially when regulations are not in your first language, or you have little experience of the country you are expanding into.
Doing business in Spain can be incredibly rewarding, but it can be tough. Legal bureaucracy runs through every aspect of day to day life, and the smallest mistake can have far reaching consequences for your business. This is why you will need to decide carefully when choosing Legal services in Spain. You need the very best multilingual experts, that can advise and guide you through each task with professionalism and care. You need to look for a partner who can help establish and grow your business.
A one-stop shop for legal services
A business needs to be able to have absolute trust in their legal service provider and will not want to be working with multiple companies for different specialisms. Being compliant with the law is already hard enough without navigating through four or five different law firms.
This is why choosing a one-stop shop for legal services is the best options, especially if you are new to conducting business in Spain. By choosing someone who can advise on everything, you can be sure that you will not suffer the consequences of something being missed. Afterall, whether it is finance, tax, employment law or any other legal formality, you cannot manage each one in isolation, they are all key parts of running your business successfully.
Not only that you want a partner, who can help grow your business and maximise opportunities to do so. One that understands the complexity of the issues your business may face, and can give a sincere and honest opinion.
Get the formalities covered and spend more time doing what you do best
Nobody likes to spend their time struggling with paperwork,but it is a necessary evil with any business. By choosing an expert in legal services in Spain to cover the formalities, you can spend more time doing what you do best and running your business.
Whether it is registering your business successfully, trademarks and patent registration, opening of bank accounts, or managing the hiring and possible expatriation and visa applications of employees, by hiring an expert you can leave all these worries in very capable hands.
The only certainties in life are death and taxes
Tax is always tricky to manage. Not just ensuring you pay what is due, but also being able to make the right business choices that means you do not pay too much. Every business knows it needs specialists to advise and assist with tax planning, VAT returns, financing and raising funds and mergers and acquisitions. But when starting out in a completely new country you need local experts who know the rules inside and out.
The last thing any business needs is an unexpected tax bill causing chaos with cash flow, especially in the early days.
There is always the challenge of day to day accounting and payroll to consider also. That is why using a service that not only understands the legalities but can actually manage your bookkeeping, payroll and invoicing for you will be worth its weight in gold.
Expert help with all aspects of law when you need it
No matter what area of law you need support with, a good legal service should be able to provide assistance with any aspect. You have the usual corporate law, with things like contract management, corporate compliance, bylaws and shareholder agreements, insolvency. But also commercial and employment law. You will likely also need assistance with real estate law and sometimes even more personal issues that family law and your own residency.
A good service will make it easy for you. They should look to gather a complete understanding of how your business operates. This should include detailed information gathering and design a plan on how to ensure compliance for your review and approval.
They will likely speak to many areas of the business to get a feel for business context and aims in order to properly assess where the business is now, and what recommended strategy should be deployed.
Communication with you and the key stakeholders of your business is paramount. On delivering the agreed actions for you there should be regular updates on progress and important decisions that are needed and clear reporting at the end of the review and delivery. This will give you the reassurance you need that the service is being delivered to suit your exact business model and concerns, leaving you safe and compliant.
One thing is for sure – do not try to go it alone, it could prove disastrous for your business and jeopardise your success. If you want to avoid costly mistakes, find a legal services partner you can trust, can provide a holistic service and is expert in all aspects of running and managing a business. The investment will prove its worth over and over.
Brexit: Three Logistics Concerns for Businesses
After the vote on 23rd June 2016, for many businesses, it seemed there was ample time to prepare for Brexit. However, the UK is now one year away from leaving the EU and naturally, many business owners are becoming increasingly concerned about its impact.
A recent study showed that 94% of UK SMEs feel that the government is failing to listen to their Brexit concerns. There are also fears that HMRC’s new customs system will not be ready by the Brexit deadline.
For businesses, it is clear that there remains a lot of uncertainty about Brexit, including what trades deals may be formed and how they will affect British businesses. This is particularly true for logistics, where these three concerns are growing.
For many companies, their number one concern is cost. In order to offset, businesses facing an increase in operating and logistics costs may have to pass this onto their customers, resulting in higher product prices – this is especially worrying for logistics companies like Tuffnells. This could result in a lower sales volume, making a dent in their bottom line.
This additional spend could come from several areas, including:
- Taxes and tariffs: after leaving the single market, exporting or importing goods may be subject to new charges and restrictions, which could result in higher logistics costs
- Fuel: The exchange rate of the pound dropped after the Brexit vote and it could fluctuate further after the deadline, resulting in increased fuel and transport prices
Coming out of the EU’s single market – where British businesses currently trade tax-free – presents more issues than cost alone. This includes implementing new business systems.
While HMRC are putting their own customs systems in place, businesses also face the same challenge. Staff will require training on new tariffs and customs, logistics procedures will have to be revised, and businesses will have to find systems and methods to deal with these new processes. All of this will eat into business hours and cost companies further money.
The introduction of new border controls will have several affects on British businesses, including cost, delays and further administrative processes. But leaving the EU will limit companies in another way: freedom of movement.
Pre-Brexit, EU workers had the freedom to move and work in any member state, but this will no longer apply to the UK. This means hiring workers from within the EU could be more difficult, time-consuming and expensive. With many British companies hiring migrant drivers to cover the UK shortage, this could severely impact transport.
The announcement of Brexit brought about uncertainty among UK businesses. Unfortunately, only speculation is possible until all trade deals have been announced and Brexit takes effect in 2019. However, if businesses prepare in these areas, it could help to minimise impact.
The Future of the UK Used Car Market
It is an intriguing time in the UK auto market in 2018 with a range of political, economic and social factors influencing the industry. New car sales continue to fall for the 11th consecutive month with diesel taking the brunt of the slide. It is thought that this decline is due to the uncertainty over the Government’s clean air plans (including the 2040 ban on petrol and diesel), but also the economic climate and uncertainty over Brexit.
Sale of AFVs
Although new car sales continue to fall overall, there is evidence that the 2040 ban is influencing consumers with the sales of alternatively-fuelled vehicles (AFVs) rising steadily over the last 11 months, including a 7.2% rise in February compared to last year. Although this is unable to offset the free-falling diesel sector, it does show that motorists are beginning to prepare for the green car revolution. Motorists are also aware that there are many incentives for making the switch, plus there is now a wide range of excellent electric cars on the market.
Used Car Market
So, what does all this mean for used car dealerships? Sales have managed to maintain stability amidst the turbulence in the industry with a drop of just 1.1% in 2017 compared to 2016. This was largely thanks to the sale of used electric cars, which saw an increase of a staggering 77.1% in 2017. Hybrids were also up 22.2%. This goes to show that motorists are preparing for the future and still have the need to change automobiles, with the used car market being a much safer place to do this as it is a much smaller investment.
It is easy to see reputable used car dealerships like Shelbourne Motors performing well in 2018 and beyond as more and more second-hand electric cars become available. An increasing number of cities are imposing their own bans ahead of the 2040 ban, plus it is expected that there will be more clarity on the ban and the electric vehicle infrastructure will continue to grow. Additionally, the landscape of a post-Brexit UK will be clearer soon and this could encourage motorists to shop in the used car market.
The future of the used car market in the UK looks healthy despite the fact that there has been a great deal of uncertainty in the UK over the past year. Provided that dealerships are able to provide motorists with a range of second-hand electric automobiles, it is easy to see motorists opting to buy used as opposed to new as this can allow for big savings which is important in the current economic climate. The green car revolution is fully underway and this is what has managed to keep the used car market afloat during a challenging period.
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