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MADRID: Geführt von Christine Giesen

Culture, Living By 29 septiembre, 2015 No Comments

von Christine Giesen

Die Stadt Madrid ist so etwas wie die schöne Unbekannte unter den Hauptstädten Europas. Wer den Namen Paris hört, assoziiert ihn mit dem Eiffelturm oder Notre-Dame. Bei London denken wir an Westminster oder die Tower Bridge, zu Rom kommen uns spontan das Kolosseum oder der Petersdom in den Sinn, selbst wenn wir all diese Metropolen nie besucht haben.

BEING QUEEN: are the monarchy and wealth related?

Culture, Jobs By 4 septiembre, 2015 No Comments

Queen Elizabeth II is the longest serving monarch in British history. She acceded to the throne on February 6th 1952, meaning that Queen Victoria’s record of 23,226 days, 16 hours and 23 minutes has already been broken. This milestone has already begun to reignite debates about the Monarchy’s future and whether it is an asset or a drain on the British economy. Brand Finance found out that the Monarchy’s value is at that point to be in excess of £44 billion (US$67bn). Brand Finance’s latest update to that figure suggests that as the Queen becomes Britain’s longest reigning sovereign, the institution that she leads is more valuable than ever. It is now worth just under £57 billion (US$87bn) and will make a net contribution to the economy this year of £1.155bn (US$1.767bn). But how are are monarchy and wealth related, really?

Monarchy as a Firm

Brand Finance has estimated the value of the Monarchy, often known colloquially as ‘The Firm’, as if it were a business. First, the annual contribution to the UK economy has been estimated. Costs such as the Sovereign Grant, security and maintenance of palaces have been netted off against sources of income including the uplift to tourism, the price premium commanded by brands with Royal Warrants, the surplus generated by the Crown Estate. This net annual contribution amounts to £1.155 (US$1.767bn) in 2015.When this contribution is projected into perpetuity, it has a net present value of £36.7 billion (US$56bn).  To this are added The Firm’s tangible assets (the Crown Estate, the Duchies of Cornwall and Lancaster and the Crown Jewels) to reach a total of £56.7 billion (US$86.7bn): “A Royal Warrant can confer a significant premium to brands in certain industries such as luxury, food, sporting goods and fashion, yet are currently awarded at no cost to the holder. The introduction of royalties could provide a significant new revenue stream.

Austerity for everyone, as well the kings and queens

The unofficial endorsement of Charlotte, George and Kate in particular has a profound financial effect running into millions annually. The demand for authentic connection to or emulation of key members of the royal family is by no means fulfilled. This too presents a major opportunity. Though the ‘monetization’ of the Monarchy may sound beyond the pale to some, in straightened times of continuing austerity in Britain, the Royal Family may come under increasing pressure to pay its way in more ways than it does now.

PODEMOS: Interview mit Juan Carlos Monedero

Culture, Living By 18 abril, 2015 No Comments

von Stefanie Müller

Podemos (Wir können) ist eine neue spanische Partei, welche die aktuelle Amigo- und Oberschicht-Gesellschaft des Landes komplett in Frage stellt und ein Gerüst aus Begünstigungen, Drohungen und Beeinflussungen, Geldwäsche und Steuerbetrug auf höchstem Niveau zum Einstürzen bringen. Über Facebook, youtube und Twitter haben sie sich in ganz Europa bekannt gemacht, überall “Fangruppen” kreiert. Ihr Ziel ist es, ein neues Bewusstsein für Demokratie zu schaffen und einen Wandel der aktuelle “Geldherrschaft” zu erzielen.

SWITZERLAND: tips and pitfalls

Culture By 31 marzo, 2015 No Comments

By Adrianna Rodriguez  and Stefanie Claudia Müller

Whenever discussing a country’s domestic problems, one always compares to Switzerland. According to a segment on Fareed Zakaria’s CNN GPS, the country’s average income is $82,000 and the unemployment rate is at a mere 3%. The Swiss also have no issues when it comes to trusting their government and corruption is no where near a problem like it is in Spain. And with all the cheese and wine in the world, what could this possible utopia have anything to worry about? It actually turns out the country has the same problems that face most of the world.