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The European Union is still divided over coronavirus assistance. That can separate them

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On Wednesday, European Commission President Ursula von der Leyen will unveil his proposal to dig Europe out of a historic recession along with the European Union’s long-term budget plan. But deep divisions between member states still need to be bridged, increasing the risk that much needed assistance can be delayed.

This rift complicates efforts to get money quickly to the countries hardest hit by the pandemic, such as Spain and Italy, where anti-EU sentiment is increasing. The leaders warned that the future of the European Union could depend on what happened next.

The uneven recovery “will tear off our single market and establish significant political and financial tensions in the euro area and the European Union,” Mário Centeno, president of the European finance minister’s body, recently warned in an interview with the Greek political newspaper. “We will walk in a financial crisis. There is a lot at stake.”

Grants versus loans

The euro survived the debt crisis between 2010 and 2012, saved by massive EU bailout loans to countries such as Greece, Portugal and Ireland, and pledges by the European Central Bank to do “anything” to defend the currency.

Now, Europe as a whole is facing the worst economic shock since the 1930s, only a few countries will suffer more pain than others. The European Commission estimates that GDP in 19 countries using the euro will contract of 7.75% this year, record. The Italian economy could shrink by more than 9%, making it more difficult to repay debts of € 2.4 trillion ($ 2.6 trillion). The country’s debt to GDP ratio is 135% at the end of 2019.

As EU leaders struggle to provide more aid money, the big question is whether pandemic recovery funds should offer loans or grants to member countries. Using grants will require net contributors to the EU budget, including “Frugal Four,” to pay more. Relying on loans, meanwhile, will mean burdening heavily indebted countries like Italy with more obligations.

The breakthrough came last week when Germany and France propose creation from a € 500 billion ($ 549 billion) recovery fund. Under the proposal, the European Commission will borrow money to improve the economy and distribute grants to the hardest hit regions and sectors through the EU budget. Debts incurred to raise funds must be paid off over time, “but not by beneficiaries,” said French President Emmanuel Macron.

The Pitch marked a major change in Berlin’s position, underlining the severity of the crisis and changing the tenor of the discussion, according to Jacob Funk Kirkegaard, senior colleague at the Peterson Institute for International Economics.

“This is Germany realizing that Italy is not Greece,” Kirkegaard said, referring to the importance of avoiding the debt crisis in the bloc’s third largest economy. “If we have another asymmetrical recovery, then that will be very bad for the European Union and very bad for the German economy itself.”

Trade within the European Union accounts for nearly 60% of German exports.

The proposal still needs to be formalized by the European Commission, and not all 27 member countries. Austria, the Netherlands, Sweden and Denmark seem united against the Franco-German plan.

But without Germany, their opposition seems thin, said Mujtaba Rahman, managing director for Europe at the Eurasia consultancy group.

“There is a big movement in most European capitals in recognition of the scale of the challenge,” Rahman said. “Obviously that’s what you don’t get from ‘Frugal Four.’ This effectively restated the old position. “

‘Very difficult negotiations’

Negotiations will begin in earnest after the European Commission reveals its framework this week.

Rahman expects the Commission to call for recovery funds worth € 600 billion ($ 654 billion) to € 700 billion ($ 763 billion), although the amount of key information can be reduced during talks. He thinks the proposal will include a mix of cheap loans and direct grants to try to bring more conservative Northern countries.

However, this is not the only problem that needs to be hammered with a budget of around € 1 trillion ($ 1.1 trillion).

Determining the European Union budget, which runs from 2021 to 2027, has been compounded by the fact that Brexit has blown up huge holes in financial block over the next seven years, said Guntram Wolff, director of Bruegel, a think tank based in Brussels. . Britain has become the second largest contributor to the European Union.

European Commission President Ursula von der Leyen speaks during the European Parliament plenary session in Brussels on May 13.

Member countries also need to understand how much money they will put in, whether rich countries will still get discounts, and importantly, the types of programs that the bloc will support. The pandemic complicates this issue, which has been debated.

The timeline is tight. Getting aid to Europe in the second half of this year will require agreement between EU leaders in June or July, according to Rahman, followed by a strengthening vote in the European Parliament in early September. The lack of a busy summer tourism season is expected to hit Spain, Italy, Portugal and Greece hard in the coming months.

Centeno, who also serves as Portugal’s finance minister, highlighted the urgency over the weekend.

“It would be better if we found an agreement on the main features of the Recovery Fund before the summer, to provide guarantees to our citizens, companies and markets, and increase the credibility of the EU response,” he tweeted. “That will be a very difficult negotiation.”

Political storm brewing

In recent days, political leaders have not shied away from overcoming the potential consequences of failure.

“We must show that what is not at stake is a national contribution from one or the other for the European budget,” said French Secretary of State for European Affairs Amélie de Montchalin in an interview Monday with Le Point magazine. “This is the vitality of an economic project that makes us prosperous.”

Many Italians feel that they are left alone to face the consequences of the pandemic, reinforcing the hatred that has accumulated after the 2015-16 migrant crisis, Enrico Letta, the former prime minister of Italy, said Friday.

“This is why, I think, it is very important to have a very comprehensive, fast and effective European response,” he told CNN Business, Richard Quest.

People walk through shopping marches in Milan on May 18.

If Italy and other southern countries experience a slower recovery than their northern neighbors, it will feed euroskeptic powers and political instability in the region, Kirkegaard said.

In Germany, troubled companies have received substantial credit guarantees from the state, which means more will survive. In Italy, however, the risk of corporate defaults is increasing – underscoring the need for a more coordinated strategy.

“Unless you get a level playing field here, that will be a real problem,” Kirkegaard said.

And while Germany has come to provide grants, the country has not agreed to include capital guarantees needed to get aid funds before 2021, Rahman said. Such delays can be destructive.

The question of time, he said, was “the single biggest risk.”

– Pierre-Eliott Buet contributed reporting.

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All Your Acrylic Nail Questions Answered: From Application to Care

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Acrylic nails are a popular choice for those looking to add length, strength, and style to their natural nails. Whether you’re new to the world of acrylics or a seasoned nail enthusiast, there are always questions that arise about the application, maintenance, and overall care of these enhancements. This guide will answer all your acrylic nail questions to ensure your next manicure is a complete success.

What Are Acrylic Nails?

Acrylic nails are artificial nail enhancements made from a mixture of liquid monomer and powder polymer. When combined, they form a hard protective layer that can be molded into various shapes and lengths. Once hardened, they provide a durable and long-lasting canvas for nail polish, art, or simply a natural look. For more in-depth information, check out Acrylic Nail FAQs to get all the details you need before your next salon visit.  

How Are Acrylic Nails Applied?

The application process of acrylic nails begins with the preparation of your natural nails. The nail technician will clean your nails, file them down, and apply a bonding agent to help the acrylic adhere. The acrylic mixture is then applied in thin layers, sculpted to the desired shape, and allowed to dry. Once set, the nails are filed, shaped, and buffed to a smooth finish.

Acrylic nails can be customized in terms of length and shape, making them a versatile choice for anyone looking to enhance their look.

How Long Do Acrylic Nails Last?

Typically, acrylic nails can last anywhere from two to three weeks before requiring a fill. During a fill, the nail technician will replace any grown-out acrylic and maintain the structure of the nails. With proper care, acrylic nails can be worn for extended periods, but it’s essential to give your natural nails a break occasionally to maintain nail health.

How Do You Care for Acrylic Nails?

Caring for acrylic nails is crucial to ensuring they last as long as possible and that your natural nails remain healthy underneath. Here are some essential tips:

  1. Avoid excessive water exposure: Prolonged exposure to water can weaken acrylic nails, making them prone to lifting or damage. When washing dishes or cleaning, consider wearing gloves to protect your nails.
  2. Moisturize cuticles regularly: The acrylic application process can sometimes dry out your cuticles. Regularly apply cuticle oil to keep your cuticles hydrated and prevent hangnails.
  3. Be gentle with your nails: Acrylics can be strong, but they’re not indestructible. Avoid using your nails as tools to open packages or scrape things, as this can lead to breakage.
  4. Schedule regular fills: As your natural nails grow, gaps will appear between the acrylic and your cuticles. Regular fills ensure your nails maintain a smooth, polished look and help prevent lifting.

How Do You Remove Acrylic Nails Safely?

Proper removal is crucial to avoid damaging your natural nails. It’s highly recommended to have acrylics removed by a professional at the salon. However, if you prefer to remove them at home, follow these steps:

  1. Soak in acetone: Start by soaking a cotton ball in acetone, then place it on each nail. Wrap your fingers in aluminum foil and allow the acetone to work for about 20 minutes.
  2. Gently scrape off the acrylic: After soaking, use a cuticle pusher or an orange stick to gently scrape off the softened acrylic. Be patient and avoid forcing the acrylic off, as this can damage your natural nails.
  3. Buff and moisturize: Once the acrylic is completely removed, buff your natural nails to smooth out any rough spots and apply cuticle oil to restore moisture.

Are Acrylic Nails Safe for Your Natural Nails?

When applied and removed properly, acrylic nails should not cause significant damage to your natural nails. However, improper removal or overuse without giving your nails time to breathe can lead to thinning, weakening, or breakage of your natural nails.

If you plan on wearing acrylic nails long-term, it’s a good idea to take breaks between applications and ensure you’re nourishing your nails with oils and treatments.

What Are the Best Acrylic Nail Shapes?

Choosing the right nail shape is essential for creating a look that complements your hands. Some of the most popular acrylic nail shapes include:

– Square: A straight-edged, classic look perfect for shorter nails.

– Oval: A soft, rounded shape that elongates the fingers.

– Coffin: Also known as ballerina shape, this trendy look features a tapered edge with a flat tip.

– Stiletto: A dramatic, pointy shape ideal for those who want a bold statement.

Each shape offers a unique aesthetic and can be tailored to suit your personal style.

Are There Any Alternatives to Acrylic Nails?

If you’re looking for a different type of nail enhancement, consider these alternatives:

– Gel nails: Gel nails offer a glossy finish and are cured under UV or LED light. They’re less rigid than acrylics and can feel more natural.

– Dip powder: This method involves dipping the nails into a colored powder and sealing them with a clear coat. It provides a similar look to acrylics but is generally less damaging to the natural nails.

Conclusion

Acrylic nails are a versatile and durable option for achieving customized, beautiful nails. By understanding the application process, knowing how to care for them, and safely removing them, you can enjoy long-lasting manicures that enhance your style. With the ability to choose from a variety of shapes and designs, acrylic nails offer endless possibilities for self-expression. Remember to take care of your natural nails in between applications to keep them healthy and strong. Whether you’re a first-time user or a seasoned pro, acrylic nails can be a fantastic way to express your personality and keep your nails looking flawless for weeks.

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Jacqueline Troost Omvlee – A Tool in the Hands of the Russian Elite

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When sanctions were imposed on Russia for its war against Ukraine, their objectives were twofold: to reduce Russian military capacity by limiting modern weapons and to lower Russian revenue streams. While in the beginning, the sanctions indeed weakened the Russian economy, they have fallen short of their initial objectives – mostly because Russia has found ways to circumvent many of them. The Kremlin has exploited international corruption, relied on foreign third parties, and utilized loopholes in trade restrictions. One such individual who allegedly provides services to Russian-linked companies is Jacqueline Troost Omvlee, a Geneva-based Dutch citizen.

Jacqueline Troost Omvlee is married to Niels Troost, an oil trader sanctioned by the United Kingdom. He and his company, Paramount Energy & Commodities SA, are among the 50 individuals and organizations blacklisted in response to the business connections with Russia. His wife, Jacqueline, helps to facilitate financial transactions for Niles Troost and Russian oligarchs including Gennady Timchenko, a Russian billionaire oil trader and Putin`s close associate.

Gennady Timchenko and his family have been sanctioned in many countries for backing the Kremlin’s war machine. However, with the help of Jacqueline Troost Omvlee, he seems to find ways to evade sanctions and continue his financial operations. In these illegal schemes, individuals like Jacqueline often serve as a front person for sanctioned oligarchs and their business assets. Russian-linked companies set up subsidiaries around the world, often registering new entities in offshore havens or countries where regulations are relatively lax or non-existent. To obfuscate the arrangements, the daughter companies spawn offspring in the form of subsidiaries, as the chain of concealment stretches on and on. The result is like a giant Matryoshka doll.

Jacqueline’s involvement in financial transactions that potentially support Timchenko’s interests raises significant concerns about the efficacy of Western sanctions. The fact that Jacqueline Troost Omvlee continues to operate without facing sanctions herself highlights a significant loophole in the enforcement mechanism. Various shady schemes and tactics designed to circumvent sanctions often hide the activity of individuals such as Jacqueline, making it difficult for authorities to detect and punish them for their involvement.

Jacqueline Troost Omvlee’s role in her husband’s financial dealings as well as her alleged ties to Russian business schemes, emphasizes the need for stronger international sanctions. Her actions not only aid in sanctions evasion but also diminish the overall effectiveness of the measures designed to isolate and pressure those supporting the Russian regime. Therefore, sanctioning Jacqueline Troost Omvlee is not only a matter of addressing her individual actions but also a necessary step to reinforce the credibility and effectiveness of the sanctions regime. By targeting individuals who play a key role in evading sanctions, authorities can send a strong message that efforts to undermine international sanctions will not go unpunished. This measure is crucial for maintaining the integrity of the sanctions system and ensuring that it achieves its intended goal of isolating and restraining those who support destabilizing activities.

European countries and the US need to expand their sanctions-tracking and investigative actions to improve the monitoring of sanctions compliance and to introduce new measures against systematic violators of law. The sanctioning states have the resources and capacity for this, and need to take action now.

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Hermann’s Tortoise Lifespan: How to Ensure a Long, Healthy Life

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Ensuring a long and healthy life for your Hermann’s Tortoise requires a combination of proper care, nutrition, and habitat management. Hermann’s Tortoises, known for their charming personalities and distinctive shells, can live for several decades with the right conditions. Understanding their needs and providing a suitable environment is key to helping them thrive. Here’s how you can support your Hermann’s Tortoise in living a long, happy life.

Creating an Optimal Habitat

One of the most critical factors in promoting the longevity of your Hermann’s Tortoise is the creation of a suitable habitat. Providing an environment that mimics their natural surroundings is essential for their overall health. An appropriate habitat helps prevent stress and supports their well-being. For detailed guidance on setting up an ideal habitat, including specific requirements for outdoor enclosures, visit this comprehensive guide on Habitat for Hermann’s Tortoise.

  1. Outdoor Enclosure: Hermann’s Tortoises thrive in outdoor enclosures that provide ample space to roam, bask, and forage. An outdoor setup should include a secure, predator-proof area with access to natural sunlight. Incorporate areas for basking and shade to allow the tortoise to regulate its body temperature. Additionally, include plants, rocks, and hiding spots to simulate their natural habitat and encourage natural behaviors.
  2. Indoor Habitat: If an outdoor enclosure is not feasible, an indoor habitat can also support a long lifespan if set up correctly. Use a large, well-ventilated enclosure with appropriate heating and UVB lighting. Provide a substrate that allows for burrowing and offer various hiding spots and enrichment items.

Diet and Nutrition

A balanced diet is vital for maintaining the health and longevity of your Hermann’s Tortoise. They are primarily herbivores, and their diet should reflect their natural feeding habits.

  1. Leafy Greens: Offer a variety of leafy greens such as kale, collard greens, and dandelion greens. These vegetables provide essential vitamins and minerals that support overall health.
  2. Vegetables and Fruits: Supplement their diet with other vegetables like carrots, squash, and bell peppers. Fruits should be given in moderation due to their high sugar content.
  3. Calcium and Supplements: Provide a calcium supplement to support shell and bone health. A cuttlebone or powdered calcium can be added to their food. Ensure that they also have access to fresh, clean water at all times.

Regular Health Checks

Routine health checks are essential for early detection of potential health issues. Regular veterinary visits help ensure your tortoise remains in optimal condition and addresses any health concerns promptly.

  1. Observation: Monitor your tortoise’s behavior and physical condition regularly. Changes in appetite, weight, or activity level can indicate health problems.
  2. Preventative Care: Schedule annual check-ups with a veterinarian experienced in reptile care. Regular exams help catch any issues early and keep vaccinations and other preventative treatments up to date.

Environmental Enrichment

Providing environmental enrichment helps keep your Hermann’s Tortoise mentally stimulated and active. Enrichment can reduce stress and prevent boredom, contributing to a better quality of life.

  1. Foraging Opportunities: Hide food items around the enclosure to encourage natural foraging behavior. This not only provides mental stimulation but also mimics their natural hunting practices.
  2. Variety: Change the layout of their enclosure periodically and introduce new objects or plants to keep their environment interesting and engaging.

Conclusion

By focusing on creating the right habitat, providing a balanced diet, ensuring regular health checks, and offering environmental enrichment, you can significantly enhance the lifespan and well-being of your Hermann’s Tortoise. For further details on creating an ideal habitat, including tips for designing an outdoor enclosure, refer to this helpful guide on Habitat for Hermann’s Tortoise. Implementing these practices will help ensure that your tortoise enjoys a long, healthy life.

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