Denmark finally passes Law banning both Burqa and Niqab

Denmark finally passes Law banning both Burqa and Niqab

Denmark has joined several other European countries in banning garments that cover the face, including Islamic veils such as the niqab and burqa, in a move condemned by human rights campaigners as “neither necessary nor proportionate”.  In a 75-30 vote with 74 absentees on Thursday, Danish lawmakers approved the law presented by the centre-right governing coalition. The government said it is not aimed at any religions and does not ban headscarves, turbans or the traditional Jewish skull cap.

But the law is popularly known as the “burqa ban” and is mostly seen as being directed at the dress worn by some Muslim women. Few Muslim women in Denmark wear full-face veils.The justice minister, Søren Pape Poulsen, said it would be up to police officers to use their common sense when they see people violating the law, which comes into force on 1 August.The legislation allows people to cover their face when there is a “recognisable purpose” such as cold weather or complying with other legal requirements, for example using motorcycle helmets under Danish traffic rules.

Those violating the law risk a fine of 1,000 kroner (£118). Repeat offenders could be fined up to 10,000 kroner or jailed for up to six months. Austria, France and Belgium have similar laws.

Gauri van Gulik, Amnesty International’s Europe director, said of the Danish decision: “All women should be free to dress as they please and to wear clothing that expresses their identity or beliefs. This ban will have a particularly negative impact on Muslim women who choose to wear the niqab or burqa. “While some specific restrictions on the wearing of full-face veils for the purposes of public safety may be legitimate, this blanket ban is neither necessary nor proportionate and violates the rights to freedom of expression and religion. Full Story

Roughly two hours after commenting on the previous story, this news article surfaced.  If you have ever been to Denmark or had Danish friends, you will understand how easy going and nice these individuals (generally) are. http://studyindenmark.dk/why-denmark/quality-of-life-1/what-are-the-danes-like

 Hence, when you factor this into the equation what’s taking place now is occurring at a very fast rate.  The statement we boldfaced is very telling. On a scale of 1-10, we are between 3 and 4, so this trend has plenty of room to run before it tops out. In other words, what’s taking place will appear mild in the future?

Sweden Democrats the Anti-immigration party set to score big in Upcoming elections

Sweden Democrats the Anti-immigration party set to score big in Upcoming elections

STOCKHOLM (Reuters) – Sweden’s top three parties are running almost level four months ahead of a general election, with the anti-immigration Sweden Democrats polling a record 20 percent, according to poll in daily Dagens Nyheter. Support for the Sweden Democrats has surged since they first won seats in parliament in 2010, with the party on track to record its best ever election result after getting 13 percent in 2014. A surge in asylum numbers in 2015, when Sweden took in 160,000 refugees, has heightened worries about a creaking welfare state and that crime is increasing, boosting the party, which wants to close Sweden’s doors and crack down on gangs. The ISPOS poll put the Sweden Democrats hot on the heels of the governing Social Democrats, who got 24 percent, and the biggest opposition party, the center-right Moderates, who scored 22 percent.

At the last election the center-left Social Democrats got 31 percent and the Moderates 23.3 percent. The current government is a minority coalition of the Social Democrats and Greens. They are supported in parliament by the Left Party. Together, the parties polled 37 percent. The Moderates, Centre, Christian Democrats and Liberals cooperate and will fight the election as a group. They polled 39 percent Full Story

The Viking blood still runs strong in many of the Scandinavian nations and while time has cultured the fierce Vikings, the current state of affairs is starting to stir things up and as this trend gathers momentum we fear that these once quite people will reveal a side of them that the world has not seen for a long time. The Vikings were extremely ruthless and note that the Russians also have Viking blood.   We mention this because it takes a lot to provoke the Russian bear, but once provoked the bear will not rest until it has destroyed its enemy.  Vikings were twice as volatile; they were not afraid to fight; they actually relished a good and bloody fight.   Given the strength of this trend there is a fairly high probability that some leader will emerge in this area with strong Viking roots and start talking about days gone by; if this comes to pass, all hell could break loose.  The main target of this rage will be Muslim immigrants as they are being labelled as invaders with increasing frequency and the attacks are gradually  becoming more violent.

If someone comes to power and starts talking about how strong the Vikings were and how the Norwegians, Danes, etc. need to stand up to the invaders (this is the term that is often used today), it will be an indication that the above outlook is coming to fruition. The rhetoric at first will be rather mild, but don’t confuse this mild rhetoric for inaction.  Focus on whether the Viking factor is mentioned, if it is, then the odds of it turning violent are quite high. 

We are not rooting for the above outcome, nor do we favour such an outcome but we would be doing our subscribers a disservice if we did not talk about a potential trend that appears to be gaining momentum.

Deutsche Bank set to cut 10K Jobs to reduce costs’ about time those lazy bankers were fired

Deutsche Bank set to cut 10K Jobs to reduce costs’ about time those lazy bankers were fired

The Journal, citing unnamed sources, reported that job cuts were likely to extend into 2019.Separately, Bloomberg News reported the bank was planning to withdraw from a number of equities markets across the globe.

The Bloomberg report, which also cited unidentified people, said that Deutsche would sharply scale back its presence in the United States, and had started cutting activities in Central Europe, the Middle East, and Africa.Deutsche Bank, which holds its annual shareholder meeting on Thursday, declined to comment. The loss-making bank said last month that it was planning to scale back its global investment bank and that equities was one of the areas it was looking at for possible cuts.A person familiar with the matter told Reuters last month Deutsche Bank was expected to cut around 1,000 jobs or 10 percent of its workforce in the United States.

It has also said that it would cut back U.S. bonds trading and the business that services hedge funds.The bank has been expected to announce further details of its reorganisation plans ahead of its AGM on Thursday. hareholders, fed up with a languishing share price and dwindling revenue, will call on the bank’s management to speed up the recovery process at the AGM.

Hans-Christoph Hirt, head of shareholder adviser Hermes EOS at Hermes Investment Management, told Reuters on Wednesday he wanted to see a “credible strategy with achievable targets.” Full story

Now they are firing to balance the books, in the near future they will be firing to get rid of the “expensive human element”. Sadly most of today’s high paid individuals get way too much for doing way too little, and AI is going to dramatically alter the landscape. Remember the equation must always balance, and the more skewed things become the stronger the blowback as the market moves back to the point of equilibrium.

Trump Administration is looking to scrap programs granting foreign entrepreneurs residence for up to five years

Trump Administration is looking to scrap programs granting foreign entrepreneur
WASHINGTON (Reuters) – The Trump administration moved on Friday to end a program that aimed to attract foreign entrepreneurs to the United States, saying the Obama-era effort did not adequately protect American workers and was an inappropriate use of government authority.
The Department of Homeland Security’s formal proposal to rescind the international entrepreneur rule, which is set to be published in the Federal Register next week, was widely expected given the administration had stated its intent to do so last year. The program would have allowed foreign entrepreneurs to stay in the United States for up to five years to manage and grow start-up businesses.

DHS said in a filing on Friday that the program represented an “extraordinary use” of the agency’s discretionary authority, that it “does not adequately protect U.S. investors and U.S. workers,” and that Congress was better placed to create a special visa for entrepreneurs.
The Obama administration established the international entrepreneur rule in January 2017, shortly before former President Barack Obama left office, with an effective date of July 2017. But last year the administration of President Donald Trump, which has moved to sharply curtail both legal and illegal immigration, delayed the program’s effective date to March 2018, while also indicating it would later rescind it entirely. Pro-immigrant groups criticized the decision. Full Story

The news follows the trend; we spoke of this when it was in its infancy (the anti-immigrant trend) and stated at the time that it had barely begun. Now it’s just warming up, so all these developments will look mild 12-24 months from now.