People in this Swedish town gather in a ‘Solar Egg’ sauna instead of having town halls

Thanks;Leanna Garfield

Published ; Jun. 21, 2017, 5:41 PM

The Solar Egg by Bigert & Bergström.Jean-Baptiste Béranger

On the western border of Kiruna, Sweden, the state-owned mining company, LKAB, has been extracting iron ore from the Kirunavaara mountains for over a decade. But the long-term mining has caused fissures that are creeping closer to the city center of Kiruna.
Now, LKAB — which also founded the Arctic town in 1900 — is funding Kiruna’s relocation nearly two miles east, so that it can continue mining in the mountains.
Moving an entire town is no easy task and requires lengthy discussions with officials, the mining company, and residents. Local architects from Bigert & Bergström have designed one place where those talks can take place: a golden, egg-shaped sauna. 
Completed in late April, the sauna is a place for locals and officials to unwind and discuss questions and concerns about Kiruna’s relocation, the firm told Business Insider.


Located in Kiruna, Sweden, the Solar Egg is a sauna that’s free for anyone to use.

Visitors can book time in the saun ~> https://instagram.com/p/BTI25TCB8px/

By Jean-Baptiste Béranger

Its exterior is made of reflective sheets of plexiglass that were painted gold.


By Jean-Baptiste Béranger

The interior walls are made of pine ….

… and the benches from aspen wood. In the center, there’s a wood-powered stove made from iron and stone. The temperature inside can range from 167 to 185 degrees Fahrenheit (75 to 85 degrees Celsius).


Jean-Baptiste Béranger

The space, which fits up to eight people, is meant to serve as a local meeting place to discuss Kiruna’s relocation plan. “The egg shape seeks to symbolize rebirth and new opportunities at the start of Kiruna’s urban transformation,” the architects said.

Jean-Baptiste Béranger

To avoid being swallowed by the mine, Kiruna will need to move nearly two miles east. The Stockholm-based firm White Architects will be in charge of moving the town, where approximately 23,000 people live. Below is a rendering of what the new city center may look like:


Producing 90% of all iron in Europe, Kiruna’s mine has become the world’s largest iron ore extraction site. LKAB is also the biggest energy consumer in Sweden.
 
“It’s a dystopian choice,” Krister Lindstedt, a partner at White Architects, told The Guardian. “Either the mine must stop digging, creating mass unemployment, or the city has to move – or else face certain destruction. It’s an existential predicament.”Jean-Baptiste Béranger/Source: The Guardian

Later this summer, the Solar Egg will move to Nikkaluokta, a Swedish town about 45 miles west of Kiruna.

Evolving Trends and Hottest Ingredients in Sun Protection

THANKS:Maria Coronado Robles/EURO MONITOR INTERNATIONAL

Published; JUNE 18TH, 2017

As consumers are shifting to healthier lifestyles what is inside the products is becoming more important. More than ever before, consumers are questioning the ingredients and their sources and this is having an impact on the ingredients market.

Protection at the heart of consumer preferences

In a little over 50 years, the sun protection industry has evolved tremendously in both the level and type of protection and the aesthetic properties of the products, driven by consumer needs and technological advances, such as new encapsulating technologies and delivery systems. This has allowed companies to feed consumers with more attractive products that protect from a wide range of new environmental and technological stressors, from sun radiation to air and light pollution.

Change with your customers

The world is constantly changing and sun protection is no longer limited to traditional sun care products. Consumers are increasingly aware of the effects of UV radiation on skin health and appearance all year around and this is driving demand for sunscreen ingredients worldwide. Sunscreens are becoming essential ingredients in a wide range of products, from traditional sun protection and daily skin care to hair care, colour cosmetics and bath and shower products. As a result, there are an increasing number of new products and claims reaching the market. Perhaps one of the most interesting launches is Dr Russo Facial Cleanser SPF 30, with three encapsulated chemical UV filters (octocrylene, ethylhexyl methoxycinnamate and avobenzone) that remain on the skin once the cleanser is washed off, providing a protective layer.

Aware of the heterogeneous landscape of consumer lifestyles, preferences and needs across the globe, sun protection manufacturers are now targeting specific market segments. Multicultural products designed for different skin tones and environmental conditions or sports products designed for active lifestyles are gaining attention among consumers. In response, companies are launching specific sunprotection lines to cover this gap in the market. For instance, the natural brand UNSUN has launched its Sun Protection For All Skin Tones that do not leave whitening residue; Happy Skin is selling in Filipinas its Catch the Sun line with moringa seed oil that protects against UV rays and pollution and Lancaster is using its new Full Light Technology that can now be found in Lancaster’s Sun Beauty line.

More from less is driving consumer purchases in sun protection

Growing consumer and industry interest in multi-functional products is driving demand for ingredients that can serve multiple functions in their formulations. In fact, according to Euromonitor Beauty Survey, the use of multifunctional ingredients is among the top ten reasons to purchase sunscreens or dedicated sun protection products worldwide.

REASONS FOR PURCHASING SUNSCREEN OR DEDICATED SUN PROTECTION PRODUCTS

reasons-for-purchasing-sun-protection

As consumers increasingly want sun protection products that go beyond simple UV protection, there is a growing need for multifunctional ingredients and simpler formulations. Ingredients suppliers are developing ingredients able to play different roles in the formulation, from UV, light and pollution protection to anti-ageing, skin conditioning and benefiting agents.

Synthetic polymers with multiple functions and benefits such as film formers for better UV and pollution protection, as well as water and sand resistance, are expected to grow by 1,000 tonnes in the global sun protection market over 2015-2020. In this context, Covestro has launched a new waterproof polymer for transparent sun protection that shows an SPF-boosting effect. Demand for emollient esters with excellent spreadability on the skin – able to solubilise organic sun filters and disperse inorganic sunfilters, which also offer a barrier to the natural moisture loss from the skin and improve the sensorial sensation – are expected to grow globally by 2,000 tonnes in the sun protection market between 2015 and 2020. Vitamins and botanicals and especially plant extracts with antioxidant, anti-inflammatory andanti-pollution properties that boost SPF, provide UVA protection and have added skin benefits, are getting a lot of attention from both consumers and manufacturers.

Blending multifunctional actives with multiple claims is an increasingly appealing option which also fits the clean label trend. It enables manufacturers to use less ingredients which ultimately have a positive impact on the manufacturing process and the price of the product. In addition, this makes it easier for consumers to understand what is in their products.

Products that offer multiple properties are especially appealing to the youngest generations of consumers for whom pricing plays an extremely important role. Consumers that belong to Generation Z and especially those who live in developing countries are more likely to purchase sun protection products with multifunctional ingredients than those living in developed countries. These consumers with lower incomes own fewer products and thus want effective and cost-effective formulations with multifunctional ingredients that provide all-in-one integrated solution.

PERCENTAGE OF CONSUMERS WHO BUY SUNSCREEN OR DEDICATED SUN PROTECTION PRODUCTS WITH MULTIFUNCTIONAL INGREDIENTS

percentage-of-consumers-who-buy-sunscreen-with-multifunctional-ingredients

In developing countries such as India, Indonesia and Brazil, where the highest growth in sun protection is expected, between 30% and 40% of consumers opt to buy sunscreen products with multifunctional ingredients, while only 10% of the consumers in Australia, Japan and South Korea consider ingredients’ multifunctionality a key product feature

Opportunities in Western European sun protection

There is an increasing demand for healthier, safer and more effective sun protection products with improved spreadability and lighter textures which offer non-whitening, broad and long lasting sun, light and water protection. This has brought some challenges that the industry has turned into opportunities for a wide range of ingredients to meet consumer needs for convenience, protection and enhanced aesthetic appeal.

In Western Europe, the emphasis on protection is driving demand for a number of sunscreen ingredients, synthetic polymers, botanicals and vitamins, while the desire for easier application and better skin feeling is fuelling demand for emollient esters and hydroalcoholic formulas which tend to be lighter and dry faster.

opportunities-for-growth-in-western-europe-sun-protection.png

Sunscreen ingredients present huge opportunities for volume gains. Although there is a strong growth for ZnO in Western Europe due to the new regulation in place which approves the use of ZnO as UV filter (in its nano and non-nano form), the absolute growth in volume projected for mineral filters is still far lower than that expected for chemical filters. Homosalate is the UV filter which benefits the most from the high SPF trend due to its affordability, its high legal limits in sun protection formulations, its compatibility with other filters and its ability to dissolve and stabilise solid filters such as avobenzone.

Emollient esters with enhanced UV filter solubility and attractive skin feeling are ingredients that present big opportunities for growth. Although synthetic polymers and botanicals which also offer pollution and UVA protection offer smaller opportunities for growth in absolute volume, they are projected to grow at the fastest rate driven by the trend towards natural ingredients and the growing number of anti-pollution sunscreen product launches. Besides this, high-value ingredients such as peptides present further opportunities for growth in the forecast period (2015-2020).

What’s next for sun protection?

Global demand for multifunctional, full protection and long lasting products with increased sunscreen sensoriality, lighter touch and greater spreadability is projected to continue. The major challenges in the years to come are related to the need for safer and more effective sunscreens with fewer and more natural ingredients. Companies are now performing research to optimise the UV delivery systems and to improve the photostability, efficacy and wash-off resistance of the active ingredients with no detriment to aesthetic properties.

The new wave of products that goes beyond UV protection is expected to continue and this provides opportunities for novel ingredients with pollution and full light protection claims to enter the market. For instance, Indena has launched Vitachelox and antipollution active with botanical compounds andGreentech is marketing Soliberine with Buddleja Officinalis flowers that stimulate cellular detoxification systems and protect against blue light and IR rays.

Further studies are being conducted to look for natural alternatives to synthetic UV filters. In this context, the growing desire for natural and skin microbiome-friendly ingredients among consumers, with the recent penetration of probiotics in the skin care market, opens up opportunities for bio-derived sunscreens to reach the market in the long term. Although promising, however, the development of bio-UV filters that emulate bacterial natural sun protection mechanisms is a long and expensive road with many technical and regulatory barriers, especially in the US where SPF products are regulated as drugs and the process of getting approval for new ingredients is an overcomplicated path.

The top 20 richest private universities have 70% of the total wealth in the sector

Thanks;Jillian Berman

Published: June 17, 2017 8:01 a.m. ET

The money in the private college sector is highly concentrated among the nation’s wealthiest schools

Small private colleges are increasingly in financial danger, while larger name brand private schools are doing just fine.
Roughly one-third of the small private schools rated by Moody’s Investor Service generated operating deficits in 2016, an increase from 20% three years ago. On the other hand, the share of large private universities that had an operating deficit last year dropped to 13% from 20% three years ago.

And the money in the private college sector is highly concentrated among the nation’s wealthiest schools. The top 20 richest private universities have 70% of the total wealth in the sector, according to Moody’s.
One big reason for the diverging fortunes: Slow growth in tuition revenue. Over the past few years, private colleges have been offering discounts on their tuition at record levels, a practice that’s financially riskier for small colleges that have fewer sources of revenue to rely on.
Ever since the financial crisis, students and families have become more discerning about the price and value of a college education. That’s made it more difficult for lesser-known private colleges to lure students and, in particular, students who will pay full price. Students and families are “much more sensitive to the return on the investment” of a college, said Pranav Sharma, a Moody’s analyst. “The market has become more competitive.”
That competitive and financial pressure has put a strain on some small schools. St. Joseph’s college, a 900-student school in Indiana, announced in April that it would close this year, amid “dwindling financial resources.” That announcement follows a spate of closures in 2016, including the high profile shut down of Burlington College, which was once headed by Jane Sanders, the wife of Vermont Senator Bernie Sanders.

“We continue to see a rise in small college closures,” said Susan Fitzgerald, an associate managing director at Moody’s. Still, she added, “we’re not expecting wholesale closures across the sector.”

Larger private schools aren’t immune to challenges raising tuition revenue, particularly as the number of students graduating high school continues to shrink. But these schools are able to more easily compensate for any challenges bringing in tuition dollars because they have other sources of income.
And to a certain extent, good fortune begets good fortune. Schools with more resources are able to lure more students who are willing to pay full price, with new buildings and other impressive investments, helping to boost tuition revenue.
Name-brand private colleges are also more likely to have access to resources like investment income and patient care — the money colleges bring in from the hospital systems they operate — both categories that have grown by 33% over the past five years, according to Moody’s.
Larger private colleges are also more likely to receive philanthropic support, Moody’s notes. The top fundraising universities, which raise more than $100 million annually in gifts, typically account for about two-thirds of the money raised by all of the private colleges that Moody’s rates. The result: “The more people give gifts, the more people are inclined to give gifts,” Sharma said.

Three nations plan 500% increase in global offshore wind

Thanks;Sami Grover Sami Grover (@samigrover)

Published;June 12, 2017
When governments put their minds to it, big things can happen.

Offshore wind advocates cheered recently at news that a German wind farm is going to be built entirely without government subsidy. That said, however, it seems likely that government support—whether in the form of direct subsidies or more generally favorable policy/planning policies—is likely to be a major factor in the success (or not) of offshore wind for some time to come.
That’s why it’s encouraging to hear from Steve Hanley over at Cleantechnica that three nations—Germany, Denmark and Belgium—have signed on to an agreement to support a 5-fold increase in installed offshore wind capacity in the next decade. They’re not just talking about their own capacity either; the target is a global one, meaning an increase of capacity from today’s 13.8 gigawatts to more than 60 gigawatts.
Just imagine what would happen if every nation with suitable shoreline made a similar commitment. (I’m looking at you, USA.)
According to Steve, there’s hope that the agreement will eventually be signed on to by a broader coalition of ten nations who had previously pledged their support for offshore wind energy expansion. At least one of those nations, Great Britain, is currently in a state of political and environmental uncertainty as the world waits to see what its surprise election results really mean for government policy.
Either way, with China and India making more progress on emissions reductions than originally expected, France jockeying hard to seize climate leadership, and large swathes of the United States still pledging to honor the Paris Agreement, this is one more encouraging sign among many that a coalition of the willing could keep climate action well on track, even if there are efforts to sabotage progress in other parts of the world.

Retirement: 8 financial choices you’ll regret in 5 years

Thanks; Jeff Rose, Credit.com

636318500851332081-GettyImages-523185513.jpg

If your goal is getting ahead financially, the formula for success is simple: Maximize tax-advantaged retirement accounts early, boost your savings with a Roth or traditional individual retirement account, choose investments you feel comfortable with and avoid debt like the plague. If you do those four things, you’re bound to enjoy less stress and more wealth over time.

But is it always that easy? Absolutely not. As you move through the various stages of life, you’ll encounter myriad pitfalls and temptations that can knock you off track – some of which can seem like a smart idea at the time.

Speeding toward financial independence is easier when you know which financial choices can slow you down. I spoke to a handful of top financial advisers to get their takes on the most common financial choices their clients live to regret. Here’s what they said.

1. ‘Investing’ in a new car

“At first blush, buying the latest and greatest version of the ultimate driving machine may seem like a value worthy of your hard-earned money,” says California financial advisor Anthony M. Montenegro of Blackmont Advisors.

Unfortunately, new cars depreciate the moment they leave the lot, and continue dropping in value until they’re worth almost nothing. If you finance the average new car priced at more than $30,000 for five years, you’ll pay out the nose for a hunk of metal worth a small percentage of what you paid. (Remember, a good credit score can qualify you for lower interest rates on your auto loan. You can see two of your scores for free on Credit.com)

Pro tip: Buy a used car and let someone else take the upfront depreciation, then drive it until the wheels fall off. Once five years has passed, you won’t regret all the money you never spent.

2. Not watching your everyday purchases

While big purchases like a new car can eat away at your wealth, the little purchases we make every day can also do damage, says Maryland fee-only financial adviser Martin A. Smith. If you’re spending $10 per day on anything — your favorite coffee or lunch out with friends — your seemingly small purchases can add up in a big way.

Keep in mind that $10 per day is $300 per month, $3,600 in a year and $18,000 after five years. While you may not regret your daily indulgences, you may regret the savings you could have had.

3. Not refinancing your mortgage while rates are low

While refinancing your mortgage is anything but fun, now may be the perfect time to dive in. That’s because interest rates are still teetering near lows, says Colorado financial adviser Matthew Jackson of Solid Wealth Advisors LLC.

Even one percentage point can cost you – or save you – tens of thousands of dollars in interest over the years. Since rates will eventually go up, you “don’t want to miss the opportunity now,” says Jackson.

4. Buying too much house

Buying the ideal home may seem like a smart idea, but does your dream home jive with your financial goals?

Unfortunately, buying more house than you need can lead to regret and financial stress, says Vancouver, Wash., financial planner Alex Whitehouse.

“Too much income going to housing payments makes it difficult to fully furnish rooms, keep up with rising taxes, and often leads to struggles with maintenance and utility costs,” notes Whitehouse.

Banks may be willing to lend you more than you can reasonably afford. If you want to avoid becoming house-poor, ignore the bank’s numbers and come up with your own.

5. Borrowing against your retirement account

While you can borrow against your 401K plan with reasonable terms, that doesn’t mean you should. If you do, you may regret it for decades.

“Millennials often ask if it’s okay to access their 401(k) or IRA early (before age 59 ½) to buy a home, travel or pay off debt,” says Minnesota financial adviser Jamie Pomeroy of FinancialGusto.com.

However, there are numerous reasons to avoid doing so.

Not only do you normally have to pay a penalty to access retirement funds early, but you’ll pay taxes too. Most important, however, is the fact you’re robbing your future self. You will regret the lost savings (and lost compound interest) when you check your retirement account in five years.

6. Not using a budget

While many people buy the notion that budgets are restrictive, the reality is different. If used properly, budgets are financial tools you can use to afford what you really want in life.

“I would suggest that you create a budget that you stick to,” says financial planner David G. Niggel of Key Wealth Partners in Lancaster, Pa. “At the end of the year, you have the chance to evaluate your spending habits and make some serious changes if necessary.”

If you don’t, your finances could suffer from death by a thousand cuts.

7. Not saving as much as you can

While it’s easy to think of your disposable income as “fun money,” this is a decision you could live to regret in five years.

The more money you have saved later in life, the more flexibility you’ll have, notes fee-only San Diego financial adviser Taylor Schulte. And if you don’t get serious about saving now, you could easily regret it in the future.

According to Schulte, you should strive to “play it safe” when it comes to your savings.

“I’ve never heard anyone regret having too much money,” says Schulte. “But, I’d be willing to bet we have all heard far too many people complain about not saving enough or not starting earlier.”

8. Not buying life insurance when you’re young

If you are married, own a home, or have children, you need life insurance coverage. Unfortunately, this is one purchase that becomes more difficult – and more expensive – as you age.

If you don’t buy life insurance when you’re 25, you can expect to pay a lot more for coverage when you’re 30, 35, 40 and so on. And if you wait long enough, you may not even be able to buy it at all, says New York financial planner Joseph Carbone of Focus Planning Group.

As Carbone notes, if you develop a chronic health condition before you apply for life insurance coverage, you could easily become uninsurable. To avoid regretting inaction in five or 10 years, most people would benefit from applying for an inexpensive, term life insurance policy as soon as they can.

‘It’s time to propose this’: Trump and Brexit give momentum to EU defense push

Thanks; Gabriela Baczynska &               Robin Emmott, Reuters


European Commissioner Bienkowska arrives to a meeting of EU defence ministers in BrusselsThomson Reuters

BRUSSELS (Reuters) – The European Union’s executive is ready to increase support for the bloc’s first ever defense research program, offering more funds to develop new military hardware in its earliest stages after years of government cuts, a top EU official said.

Following a 90-million-euro pilot investment from the EU’s common budget in 2017-2019, the European Commission is proposing 500 million euros ($563 million) for the 2019-2020 period that could rise to 1 billion euros a year from 2021, Industry Commissioner Elzbieta Bienkowska told Reuters.
“European citizens see security as the number one thing that Europe should provide to them, so it’s time to propose this,” Bienkowska said in an interview.
With Britain, one of EU’s leading military powers, leaving the bloc, ideas for common EU defense are gathering pace in the wake of Islamic attacks in Western Europe. Europeans are also worried about US commitment to NATO under President Donald Trump.
Under the proposal unveiled on Wednesday, at least three firms and two member states would have to submit a joint project to be eligible for financing from the EU budget.
If agreed by governments and the European Parliament, the EU budget would put up 20 percent of the costs of developing prototypes, Bienkowska said.
“The prototype phase is the riskiest one and it is very important to have incentives from the European budget to prepare common projects,” she added.
A European drone is often cited as an example of how EU funding can help get projects underway. Bienkowska said she also hoped to see cyber projects from smaller firms and innovative startups.

She said she wants negotiations and legislative work between the Commission, member states and the European Parliament to finalize by the end of 2018.


U.S. President Donald Trump (R) speaks to Britain’s Prime Minister Theresa May during in a working dinner meeting at the NATO headquarters during a NATO summit of heads of state and government in Brussels, Belgium, May 25, 2017.

Brexit factor

The EU’s political capital Brussels hopes it can turn the tables on Brexit – an unprecedented setback in 60 years of European integration – by moving ahead with closer defense and security cooperation, which London had long blocked.
The EU, where most governments are also NATO allies, have also come under increased pressure from Trump, who last month scolded the Europeans for failing to spend enough on their own defense.

Though Bienkowska said work on promoting more security and defense cooperation in the EU has started two years ago, she admitted Europe’s unease about Trump gives it additional momentum: “All developments in the United States will make our cooperation (in Europe) stronger.”

“We will work more closely in the European Union, what we want to achieve is to have a stronger European defense and a stronger NATO.”

Russia’s 2014 annexation of Crimea from Ukraine and its subsequent backing for militias fighting Kiev troops in the industrial east of the former Soviet republic also add to the bloc’s security concerns.
The EU estimates it loses up to a 100 billion euros a year on duplication, leaving it with far fewer capabilities than the United States. Years of defense cuts have worsened the issue as national governments jealously protect their own firms.
Europe has 37 types of armored personal carriers and 12 types of tanker aircraft compared to nine and four respectively in the United States, according to EU analysis.
European Commissioner Elzbieta Bienkowska arrives to a meeting of European Union defence ministers at the EU Council in Brussels, Belgium May 18, 2017. REUTERS/Eric Vidal

European Commissioner Bienkowska arrives to a meeting of EU defence ministers in BrusselsThomson Reuters

BRUSSELS (Reuters) – The European Union’s executive is ready to increase support for the bloc’s first ever defense research program, offering more funds to develop new military hardware in its earliest stages after years of government cuts, a top EU official said.

Following a 90-million-euro pilot investment from the EU’s common budget in 2017-2019, the European Commission is proposing 500 million euros ($563 million) for the 2019-2020 period that could rise to 1 billion euros a year from 2021, Industry Commissioner Elzbieta Bienkowska told Reuters.
“European citizens see security as the number one thing that Europe should provide to them, so it’s time to propose this,” Bienkowska said in an interview.
With Britain, one of EU’s leading military powers, leaving the bloc, ideas for common EU defense are gathering pace in the wake of Islamic attacks in Western Europe. Europeans are also worried about US commitment to NATO under President Donald Trump.
Under the proposal unveiled on Wednesday, at least three firms and two member states would have to submit a joint project to be eligible for financing from the EU budget.
If agreed by governments and the European Parliament, the EU budget would put up 20 percent of the costs of developing prototypes, Bienkowska said.
“The prototype phase is the riskiest one and it is very important to have incentives from the European budget to prepare common projects,” she added.
A European drone is often cited as an example of how EU funding can help get projects underway. Bienkowska said she also hoped to see cyber projects from smaller firms and innovative startups.
She said she wants negotiations and legislative work between the Commission, member states and the European Parliament to finalize by the end of 2018.
theresa may donald trump
U.S. President Donald Trump (R) speaks to Britain’s Prime Minister Theresa May during in a working dinner meeting at the NATO headquarters during a NATO summit of heads of state and government in Brussels, Belgium, May 25, 2017.Reuters/Thierry Charlier

Brexit factor

The EU’s political capital Brussels hopes it can turn the tables on Brexit – an unprecedented setback in 60 years of European integration – by moving ahead with closer defense and security cooperation, which London had long blocked.
The EU, where most governments are also NATO allies, have also come under increased pressure from Trump, who last month scolded the Europeans for failing to spend enough on their own defense.
Though Bienkowska said work on promoting more security and defense cooperation in the EU has started two years ago, she admitted Europe’s unease about Trump gives it additional momentum: “All developments in the United States will make our cooperation (in Europe) stronger.”

“We will work more closely in the European Union, what we want to achieve is to have a stronger European defense and a stronger NATO.”
Russia’s 2014 annexation of Crimea from Ukraine and its subsequent backing for militias fighting Kiev troops in the industrial east of the former Soviet republic also add to the bloc’s security concerns.
The EU estimates it loses up to a 100 billion euros a year on duplication, leaving it with far fewer capabilities than the United States. Years of defense cuts have worsened the issue as national governments jealously protect their own firms.
Europe has 37 types of armored personal carriers and 12 types of tanker aircraft compared to nine and four respectively in the United States, according to EU analysis.

“Up until now, member states were doing things completely separately, without any cooperation. I want to appeal to the member states to think about common projects, because the money will be there,” Bienkowska said.
For the future, Bienkowska is mulling a common European defense bond for joint purchases from 2021, though she said no decisions had yet been taken.
Italy is a proponent of issuing joint EU debt, as well as exempting various types of spending from budget deficit limits. Germany, on the other hand, which is the bloc’s largest economy and key power, is opposed to both these approaches. ($1 = 0.8887 euros)
(Editing by Pritha Sarkar)

6 Victims and 3 Suspects Killed in London ‘Terrorist Incident’

Thanks;Danica Kirka and Jill Lawless / AP


Updated: 11:47 PM ET | Originally published: 6:24 PM ET

LONDON (AP) — Terrorism struck at the heart of London, police said Sunday, after a vehicle veered off the road and mowed down pedestrians on London Bridge and witnesses told of men with large knives stabbing passersby at nearby Borough Market.

Police said six people died and 20 were injured in the attacks, while police shot dead three suspects. The Metropolitan Police head of counter-terrorism, Mark Rowley, said police believe all of the attackers were killed, but investigations are underway to ensure there are no more.

The violence turned a summery Saturday night in an area packed with bars and restaurants into a scene of panic and chaos, with officers running through crowded streets screaming for people to flee and lifeboats drafted to help clear the area.

The Metropolitan Police force declared the attacks “terrorist incidents.”

Hours after the attacks began, a large area of central London remained cordoned off and police told people to avoid the area, leaving tourists and revelers struggling to get home. It was unclear whether any of the attackers was on the run.

Bursts of gunfire echoed through the streets — likely from armed police — and at least three blasts rang out as police performed controlled explosions. One image taken by a witness showed a man on the ground surrounded by police; he appeared to be wearing a vest with canisters attached to it.

Gerard Vowls told The Guardian newspaper that he saw a woman being stabbed by three men at the south end of London Bridge. He said he threw chairs, glasses and bottles at the attackers in a bid to stop them.

“They kept coming to try to stab me . they were stabbing everyone. Evil, evil people,” he told the newspaper. “I want to know if this girl is still alive. I’ve been walking around for an hour and a half crying my eyes out. I don’t know what to do.”

Bartender Alex Martinez said he hid in a garbage bin for a half hour when a man stormed the restaurant where he worked, which was nearly full.

“I saw that man with a knife in his hand and after that a man started screaming so I knew something wrong was happening,” he said.

Medics treated the injured near the market as shocked people cried and shouted around them. Police officers yelled at people to run from the area.

Simon Thompson told Sky News that he was just outside Borough Market when he saw crowds fleeing.

“We ran for like 100 meters and then saw loads of police cars turned up and there was kind of a period of quite intense gunfire,” he said. “I hid in a restaurant basement for about an hour. … Police told us to get out and then there was more gunfire.”

The mayhem began just after 10 p.m. (2100GMT), when police responded to reports of a vehicle hitting pedestrians on London Bridge, which crosses the River Thames in central London. Multiple witnesses reported a vehicle veering off the road and hitting as many as six pedestrians.

“We saw injured people on the road, injured people on the pavement,” witness Will Heaven told Sky News.

Soon after, reports started coming in of stabbings at Borough Market, a nearby area full of bars and restaurants surrounding a popular food market. Witnesses reported seeing as many as three attackers with knives.

Police initially said officers were also responding to a third incident, in the Vauxhall neighborhood, but later said that turned out to be an unrelated stabbing.

Police tweeted a warning telling people in the area to run to safety, hide and then call police if it is safe to do so. They asked Londoners to “remain calm but be alert and vigilant.”

Prime Minister Theresa May confirmed the attack “is being treated as a potential act of terrorism” and said her thoughts were with “those who are caught up in these dreadful events.” May’s office said she would chair a meeting of the government’s COBRA emergency committee on Sunday.

As thousands of people flooded from the area of the attacks — many unable to get home with nearby subway stations shut — locals were quick to offer assistance.

The Royal Oak pub, near the area of the attacks, opened its doors to people evacuated from hotels. At least one taxi company offered free rides to people stranded in the area. Phaldip Singh, who describes himself as an entrepreneur and youth activist, tweeted that Sikh temples were open to provide food and shelter for those affected.

If confirmed as terrorism, this would be the third attack to hit Britain in as many months.

In March, a British convert to Islam ran down people with a vehicle on Westminster Bridge, killing four, then stabbed a policeman to death outside Parliament.

On May 22, a British suicide bomber killed 22 people and injured dozens at an Ariana Grande concert in Manchester. After that attack, Britain’s official threat level from terrorism was raised to “critical,” meaning an attack may be imminent. Several days later it was lowered to “severe,” meaning an attack is highly likely.

A charity concert for victims of the Manchester attack, featuring Grande and other stars, is due to be held in the northwest English city on Sunday.

Paris agreement or not, solar employment looking brighter than coal

Thanks;Andrea Riquier

Published: June 2, 2017 1:20 p.m. ET

Nearly 400,000 people are employed in solar, more than double the number of coal workers

Republican presidential nominee Donald Trump holds a sign supporting coal during a rally at Mohegan Sun Arena in Wilkes-Barre, Pennsylvania on October 10, 2016.

As he introduced President Donald Trump in the Rose Garden yesterday, Vice-President Mike Pence said the president’s decision to withdraw from the Paris climate accord was his way of putting “forgotten men and women” first.

And if anyone had any doubt who those “forgotten” souls were, the president himself departed from his prepared remarks to riff, “I happen to love the coal miners”But observers of the energy industry say it’s not that coal miners are forgotten. Instead, a perfect storm of workforce automation, a glut of natural gas, and consumer preferences has combined to make them obsolete.

“There are huge tectonic trends that are almost all mitigating against any near-term recovery of coal,” said Mark Muro, director of policy at the Metropolitan Policy Program at the Brookings Institution. “It simply is not needed given the onset of extremely cheap and clean natural gas and the onset of renewables.”
On Friday, National Economic Council Director Gary Cohn was asked about the administration’s emphasis on employment in a shrinking industry. Cohn told CNBC, “At some point in the cycle, coal will be competitive again. We want to keep coal available, we want to be in the coal business.”

But observers of the energy industry say it’s not that coal miners are forgotten. Instead, a perfect storm of workforce automation, a glut of natural gas, and consumer preferences has combined to make them obsolete.

“There are huge tectonic trends that are almost all mitigating against any near-term recovery of coal,” said Mark Muro, director of policy at the Metropolitan Policy Program at the Brookings Institution. “It simply is not needed given the onset of extremely cheap and clean natural gas and the onset of renewables.”
On Friday, National Economic Council Director Gary Cohn was asked about the administration’s emphasis on employment in a shrinking industry. Cohn told CNBC, “At some point in the cycle, coal will be competitive again. We want to keep coal available, we want to be in the coal business.”  

But modern technology – particularly in the large-scale open-pit mining centers of the west, far from the Rust Belt – means that “even if demand for coal returned, the jobs wouldn’t. It’s pretty devastating,” Muro told MarketWatch.

It’s very challenging to break out how many people are employed in any part of the energy industry, in part because there are so many different components to each. There are jobs created in the initial energy generation process, and then there are support categories: manufacturers and installers of rooftop solar panels, for example. The Labor Department classifies many of those installation jobs within the construction industry, for example.
The Labor Department reported Friday that 51,000 people were employed in coal mining in May. But BLS doesn’t break out employment in other forms of energy production in any way for comparison.
In January, the outgoing Obama administration Energy Department released a report on energy and employment that showed that over 370,000 people were employed in the solar industry, compared to 86,000 in the coal industry. Over 101,000 people work in the wind power generation industry.
It’s worth noting that solar is so labor-intensive now in part because it’s just gaining a foothold. About 37% of solar electric generation jobs are construction and installation, the Energy Department’s report noted. So it’s likely that over time, solar won’t be as much of a job creator as it is now.
In 2011, Brookings released a substantial research report on what it termed the “clean economy,” which delved more deeply into job categorizations, among other things. The researchers noted that green energy efforts are beneficial in many ways, including by being manufacturing and export intensive. In 2009, the authors wrote, 5.3% of all U.S. goods exports were from “clean economy establishments.”
The clean economy also “offers more opportunities and better pay for low- and middle- skilled workers than the national economy as a whole,” the report noted.
In May, the International Renewable Energy Agency said the number of people working in the renewables sector internationally could more than double in the next 13 years, “more than offsetting fossil-fuel job losses and becoming a major economic driver around the world.”

The 10 best computer science schools in Europe

Thanks;Sam Shead 

Published ;May 22, 2017, 4:23 PM 8,383


Technical University of Munich.

A computer science degree from a top university can help graduates land their dream job at companies like Apple, Google, and Facebook.
But which computer science courses are the best ones to try and to get onto if you want to impress employers?
Using the QS World University Rankings 2017, we took a look at the universities with the top computer science and information systems courses in Europe.
The guide is one of the most reputable sources that students turn to when deciding which universities to apply to, and employers are also likely to refer to it when deciding which candidates to hire.
It is based on academic reputation, employer reputation, and research impact. The full methodology can be read here. We looked at the overall scores, which are out of 100.
View As: One Page Slides

10. Politecnico di Milano — The Politecnico di Milano boasts 74 professors at its computer science and engineering department. The faculty achieved a QS score of 74.6 for its computer science and information systems courses.


9. Lomonosov Moscow State University — Founded in 1755 by Mikhail Lomonosov, this university is home to more than 40,000 students. The university’s computer science and information systems courses scored an impressive 74.7


8. Technical University of Munich — With its giant slides, it’ll barely feel like you’re a university student at Technical University Munich. The school achieved a score of 77.2 for its computer science and information systems courses.


7. UCL (University College London) — With strong links to cool new AI startups like DeepMind, UCL is home to one of the UK’s best computer science departments. The university scored 78.9 for its computer science and information systems courses.


6. Ecole Polytechnique Fédérale de Lausanne (EPFL) — This Swiss university specialises in physical sciences and engineering. Its computer science and information systems courses received a QS score of 80.7


The Rolex Learning Centre at the EPFL campus

5. The University of Edinburgh — Founded in 1582, the university is the 6th oldest university in the English-speaking world and one of Scotland’s ancient universities. The institution is close to billion dollar businesses like Skyscanner and FanDuel and its computer science and information systems courses scored 81.1 on the QS ranking system.


4. Imperial College London — Not quite up there with Oxbridge, but not far behind either. Imperial’s computer science and information systems courses were given a score of 83.7.


Imperial’s cyber security tuition is as good as you’d expect

3. ETH Zurich – Swiss Federal Institute of Technology — Twenty-one Nobel Prizes have been awarded to students or professors at EHT and the university’s computer science and information systems courses scored an impressive 85.4.

ETH Zurich


2. University of Oxford — Founded in 1096, the ancient university is still at the forefront of technology, with startups like DeepMind (now owned by DeepMind) having strong links to the institution. Oxford received a score of 87.8.


1. University of Cambridge — The city of Cambridge is one of the UK’s biggest technology hubs thanks in large part to its university, which appears at the top of many global university rankings. The university’s computer science and information systems course received a QS ranking of 88.9