Showing posts with label Government. Show all posts
Showing posts with label Government. Show all posts

Friday, December 9, 2016

No, Italy is not about to leave the euro By Pepe Escobar

Italian Prime Minister Matteo Renzi is no more. The temptation is inevitable to ascribe the end of this lucky opportunist’s thousand days in the limelight as a verdict on the euro and the EU. As with all things Italy, it’s way more complicated. The Italian referendum this Sunday was indeed a resounding No to Renzi and the constitutional amendments he proposed. The key takeaway is that Italians essentially voted not to change the constitution to the benefit of an autocratic Parliament. Inbuilt in the No, of course, there’s immense, potential collateral damage – which happens to involve the future of the EU. It’s no wonder the anti-elite Five Star Movement, led by Beppe Grillo, as well as the ultra-xenophobic Lega Nord (Northern League), led by Matteo Salvini, are spinning it as a rout. Voter turnout was particularly high in wealthy Lombardy and Veneto – where the League is quite popular. The League’s message, day in, day out, centers on ominous figures besetting Italy – from three million workers in the black market to eight families out of ten living in extremely precarious circumstances. Blame the government – Renzi’s Democratic Party – as well as immigration. Yet, in parallel, scores across the Left voted No exactly to block the path for the extreme Right to reach power. So the No victory may also be seen as a vote for democracy – as Renzi’s constitutional amendments would facilitate a major power grab for the next prime minister's seat in Rome’s Palazzo Chigi. A Yes vote would have meant the end of what in Italy is known as “perfect bicameralism,” created under the country’s 1948 constitution, where we have two chambers of Parliament filled with elected lawmakers. Both have equal power and must agree on all legislation to be approved. This being Italy, the name of the (perennial) game is gridlock. Renzi’s government proposed the number of senators be reduced from 315 to 100, on top of it elected indirectly, as in selected by regional assemblies, with some mayors thrown in. This Senate emasculation would mean most Italian laws including the crucial state budget – passing without a glitch, thus making the nation “easier to govern.” The Senate would only be effective on ruling about the prickly relationship between Rome and Brussels. No wonder most voters interpreted it as a power grab by Renzi’s Democratic Party.

Tickets for the opera, anyone?

The 'follow the money' scenario is once again preeminent in Italy. The EU banking ecosphere is agog the No victory will make it even harder to rescue Siena’s Monte dei Paschi – the oldest bank in the world and currently Italy’s third-largest; it badly needs to raise €5 billion of equity and sell off €28 billion in bad loans. In fact, virtually the whole Italian banking system is on the ropes, needing a rescue package of at least €40 billion. Italy is paying JP Morgan to come up with a solution. European Central Bank (ECB) Governing Council member Ewald Nowotny, who’s also the head of Austria’s central bank, insists Italy might have to spend a lot of public money for the rescue. This will be considered toxic by most Italian voters. Couple the banking crisis with the fact Italy’s industrial output may be as much as 10 percent smaller than it was ten years ago. And unemployment – at a hefty 13 percent - is roughly double than it was before the 2008 financial crisis. What’s immediately ahead is, what else, a political crisis, although containable. President Sergio Mattarella, elected only last year, must oversee the formation of a new government. The Five Star Movement and the Lega Nord are already calling for immediate elections. A look at the major players jockeying for position in the new government sweepstakes is not exactly uplifting. They are: Renzi (Democratic Party); Silvio 'bunga bunga' Berlusconi (Forza Italia); Beppe Grillo (Five Star Movement); and Matteo Salvini (Lega Nord). If these signori don’t agree on anything, there could be a snap election soon. Grillo’s Five Star want an election so badly because it will be held under the new electoral laws before it’s all changed back to the good old proportionate system. Expect a lot of (figurative) blood on the Colosseum before any solution. As the EU observes, in thrall, the bottom line is that Italy is not anywhere near a referendum to leave the eurozone, not to mention the EU, as most Italians are Europhiles (except when it comes to the German domination of the ECB). The next elections, whenever they take place, will feature a battle of three political formations: the anti-elite Five Star Movement; Renzi’s Democratic Party – now in a shambles; and the center-right (Berlusconi) probably aligned with the Lega. Any of these three, but mostly the Five Star, stand a chance to win. So Italy is now firmly concentrated on trying to get a new – functional – government, not abandon the euro. But that still entails a fascinating sub-plot; none other than Angela Merkel will have to step up and lend a hand to “save” the EU by saving the future of Renzi’s Democratic Party. Now that’s what an opera buffa is all about.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.

Pepe Escobar is an independent geopolitical analyst. He writes for RT, Sputnik and TomDispatch, and is a frequent contributor to websites and radio and TV shows ranging from the US to East Asia. He is the former roving correspondent for Asia Times Online. Born in Brazil, he's been a foreign correspondent since 1985, and has lived in London, Paris, Milan, Los Angeles, Washington, Bangkok and Hong Kong. Even before 9/11 he specialized in covering the arc from the Middle East to Central and East Asia, with an emphasis on Big Power geopolitics and energy wars. He is the author of "Globalistan" (2007), "Red Zone Blues" (2007), "Obama does Globalistan" (2009) and "Empire of Chaos" (2014), all published by Nimble Books. His latest book is "2030", also by Nimble Books, out in December 2015. RT

Thursday, January 7, 2016

Illinois Department of Labor

Illinois Minimum Wage Law
Guarantees a minimum wage of $8.25 per hour for workers 18 years of age and older; workers under 18 may be paid $.50 per hour less than the adult minimum wage. Credit for tips may not exceed 40% of the applicable minimum wage. Employers may apply for licenses to pay sub-minimum rates to learners and certain workers with physical and mental limitations. Overtime must be paid after 40 hours of work per week at time and one-half the regular rate. Photo

Wednesday, December 17, 2014

Presidential Proclamation -- German-American Day, 2014

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

America is and always has been a Nation of immigrants, and from our earliest days, German Americans have contributed to our national identity. Germans were among the first settlers in the original 13 Colonies, bringing their talents and ideas across the ocean to a new and unfamiliar world. And today, with their descendants and all who followed in their path, we continue to perfect our Union together. On German-American Day, we recognize their distinctive identity and the ways they enrich our country.

German Americans helped build our Nation, and every day they contribute to its growth. As they teach in our schools, farm in our heartland, and serve in our Armed Forces, their German roots offer a sense of their place in the American story. From a land of poets and thinkers, they brought passion for music, science, and art, fortifying our culture and broadening our understanding of the world. Our greatest cities and our biggest advances reflect their daring spirit and diverse contributions.

As we consider our German-American history, we are also reminded that the United States and Germany are vital partners. With the 25th anniversary of the fall of the Berlin Wall approaching, our security and prosperity remain interwoven, and our friendship continues as we work together in pursuit of a more peaceful, stable world. On this occasion, may citizens from both sides of the Atlantic draw strength from the legacy of our Nation's earliest immigrants who boldly pushed forward in unforgiving times. May our shared past continue to inspire us as we face new challenges in our own time.

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim October 6, 2014, as German-American Day. I encourage all Americans to learn more about the history of German Americans and reflect on the many contributions they have made to our Nation.

IN WITNESS WHEREOF, I have hereunto set my hand this third day of October, in the year of our Lord two thousand fourteen, and of the Independence of the United States of America the two hundred and thirty-ninth.

Friday, December 12, 2014

5 Countries Where It's Hardest To Become A Citizen By Investopedia

Obtaining permanent residency status or gaining citizenship in a foreign country may seem like a good idea for those who no longer want to live in the country where they were born or whose passport they hold. But some nations make that transition especially difficult unless you marry a citizen of that country or – in some cases – have ancestors who were citizens. In addition to marriage and ancestry, countries with high barriers to attaining citizen status may have special residency or citizenship tracks for people who fit certain categories, such as being a highly skilled professional or investing substantially in a business enterprise. But these situations don't apply to the vast majority of prospective citizens. Below, in alphabetical order, are five nations that make it especially difficult for foreigners to establish permanent residency or obtain citizenship:
 
Austria
Many EU countries have tough immigration laws, but Austria seems to have one of the lengthiest processes to become a citizen. Anyone who is not a citizen of an EU country and staying longer than six months must have a resident permit before entering the country. People who plan to stay longer than 24 months must also sign an Integration Agreement, a process designed to enhance their German-language skills and ability "to participate in the social, economic and cultural life in Austria." Permanent residents must live in the country continuously for a period of 15 to 30 years before being eligible to apply for citizenship. If approved, applicants must renounce any other citizenship.
 
Germany 
Obtaining permanent residency in Germany is difficult unless you are a citizen of another EU country. Other foreign nationals must have lived in Germany for at least five years and demonstrate competency in language, the political system and society. Applicants must also demonstrate they have an ability to earn a living and that they’ve contributed to the national pension plan, as well as having proof of accommodation. To become a citizen, applicants must have lived in the country at least eight years (seven, if they’ve passed a competency test) and renounce citizenship in any other country.
 
Japan
It takes longer to be granted a Permanent Resident visa in Japan than to become a citizen. People who want to establish permanent residency must have lived in the country for a total of 10 continuous years or more. Those who want to become a citizen of Japan must have lived in the country for five years, receive permission from the Justice Minister and complete a slew of paperwork (some have complained of unnecessary questions involving their personal lives). The process, according to the Japanese Ministry, can take six to 12 months, although those who have gone through it have reported that it can take years. If approved, applicants must be ready to renounce citizenship in other countries.
 
Switzerland
Any foreigner wanting to settle in the beauty of the Swiss Alps, or anywhere else in Switzerland, may do so for three months. To obtain a settlement, or permanent residence visa (unless you are an EU citizen), you must have lived in the country for 10 years. If you qualify for permanent residence by the length of time you have lived in the country, you also qualify to apply for citizenship, but that is not guaranteed; applicants for citizenship must also prove they are assimilated into Swiss society. What's more, all cantons and municipalities have their own rules about granting citizenship. Switzerland permits dual citizenship.
 
United States
While the United States was founded mostly by immigrants, the process for achieving permanent residency and citizenship has become even more complicated since the early 2000s and the war on terrorism. Unless a person is coming to the U.S. through family or an approved job, it is very difficult to establish permanent residency (sometimes known as receiving a green card). There are special categories for those seeking refugee or asylum status, and a lottery for others who wish to apply.
Those who have had permanent residency status for five years can begin the process of applying for citizenship by filling out the application and taking a test, which includes knowledge of history/government and English. Before becoming a citizen, people must swear an oath to the Constitution. The United States permits dual citizenship. Yahoo! Finance