I've been told by the head of compliance of the largest European banking group that 2.5% is exactly the threshold at which they begin to be very worried/ at systemic risk
Apparently they operate on very low level of tolerable risk (way lower than I thought)
>2.5% is likely still survivable, but i think risk departments + regulators are all a lot less risk tolerant after seeing how quickly things went south in 2008 and worries about an out of control spiral
Some want to carry X sportswear with prominent branding, others take pride in high-price tag items without any explicit branding.
The "I identify with this athlete", "I identify with this musician", "I dgaf what you think of me" groups probably don't intersect much, with brands and offering catering to these and multiple others...?
Feels like you're addressing two different topics in one comment.
Legally speaking, a one person company can address the whole EEA market. From a marketing/sales standpoint yeah, sure, it's probably hard to address culturally different markets like Portugal, Poland and Sweden.
But it does not have much to do with regulations, especially not ones decided at the EU level.
I'm all for better integration but diverse cultures are here to stay....
Sample size of one, but done business in Italy, Spain, Belgium, France, Switzerland and Germany: main issues were not regulation related...
Mallorca is a mountainous island in the middle of the med.
Exporting something from Mallorca seems like a logistical challenge to me.
Exporting something refrigerated or frozen, even more so...
Maybe store-shelf product such as gummies or something?
Fresh juice takes 2kg of oranges per ~1l/~1kg. Plus electricity and handling costs...
Still, you'll need a large multiplier on the transformation process: organic EU orange are 1.7€/kg, standard are 1€ wholesale market price (meaning its origin is continental spain or italy I guess).
Frozen orange juice is 3.93€ (Brazil)
I think the best bet for juice would be to export frozen concentrate.
And despite the logistical challenges you cite, lemons imported from places like Argentina are now cheaper to buy at Palma's wholesale market than the average wholesale price paid for local fruit, which has subsequently plummeted even further.
Except that lemons are picked for "cheap" in Argentina (and oranges in Morrocco or Valencia), industrially packaged to ports (most likely to BCN or VLC ports) and then shipped in containers to Palma.
Pick the oranges in the middle of the island: not cheap, as stated. Squeeze & freeze the juice (likely around Palma): not cheap, not even including transportation. Ship them back to the continent: probably not cheap either.
Transshipment is extremely costly and even more so at a smaller scale, and that's what we're comtemplating here.
He has half a dozen court dates set for other stuff related to corruption/money/....
Assuming he's losing the appeal on this particular case, he will have been sentenced for scheming with a convicted murderer (Lockerbie amongst other things).
If convicted, that person will be guilty of criminal actions together with a foreign dictator and his terrorist in chief.
Not exactly stealing gums.
The case is of particular seriousness and he's a convicted person, repeat offender.
Would something as serious be put under the rug in other democracies? I'm not so sure. If Justin Trudeau is found accepting money from a bunch of Taliban involved in weapons trafficking, would the RCMP turn a blind eye?
(Why do I say "if convicted"? He appealed, so he is innocent until proven guilty. Why is he in jail? In large parts because his political party lobbied for this type of sentences. Leopards did eat his face)
> If Justin Trudeau is found accepting money from a bunch of Taliban involved in weapons trafficking, would the RCMP turn a blind eye?
RCMP turned a blind eye to multiple corruption scandals involving bribery, fraud, embezzlement of public funds, etc. under Trudeau and his government, and helped cover them up. That is just the tip of the iceberg when it comes to corruption within the RCMP - there is a long list of nefarious and straight up illegal shit they have done over the years.
Say someone is legally elected president of France. They serve their 5 years term, doing their job.
They get out of Elysée Palace, draw a gun and shoot a passer by. Do they get a free pass? Wouldn't that victim deserve justice?
That person, not a divine being, a mere mortal like the rest of us, has been convicted of serious offences. He is now serving his sentence as any other person would (well, not exactly, for instance he gets a clean solo room and 24/7 security detail).
If your point is "an elected head of state should not be prosecuted by a standard court of justice" (a point I still disagree with btw), the french judicial system got that covered with "cour de justice de la république".
For offenses committed while doing their jobs. Use your elected position as president to steal money? Cour de justice de la république it is. Not a walk in the park, judges & a "jury" of members of the Parliament. Aggravating circumstances (committing an offense while in an official capacity) means theoritically harsher sentences.
What he's been convicted for was as a private citizen. Standard judicial system. As should be, nothing naïve about this.
(Huge simplification of the french judicial system, the actual nature of his current legal status, etc as this case is utterly complex. Judge's ruling is over 400 pages long, and he's appealing, and he'll mostly spend a month in the lam and the rest under house arrest)
Met him at HAL 2001, volunteered together a bit there. I think he was heading the speakers herald team I was part of.
First encounter with the hacker conference scene, he guided me wisely.
Patient and kind indeed.
He's the reason I kept going around European hacking / free software events. I owe him cultural discoveries, long lasting friendships and tech partnerships.
Very saddened by this news.
So far the thread is full of similar interactions with him.
That person changed so many lives, by his contributions to culture and technology but more importantly (?) because he had tremendous impacts on the lives of many people he took time to interact with.
I know that these threads are always full of "this recently deceased people made the world a better place". I lived with him 4 days 24 years ago so I can't say I knew him...but I know I wouldn't be writing this about more "famous" people I interacted with.
Apparently they operate on very low level of tolerable risk (way lower than I thought)