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<\/figure><\/div>\n\n\n\n\u201cIn view of the weakening economic outlook and the continued prominence of downside risk, governments with fiscal space should act in an effective and timely manner,\u201d Draghi said. \u201cIn countries where public debt is high, governments need to pursue prudent policies that will create the conditions for automatic stabilizers to operate freely. All countries should reinforce their efforts to achieve a more growth-friendly composition of public finances,\u201d he added.<\/em><\/p>\n\n\n\n However, not everyone is onboard with this stimulus plan. Robert Holzmann, the central-bank governor in Austria, opposed the measures<\/a>, noting that while these measures by Mario Draghi are a mistake, they can be changed once the new ECB President, Christine Lagarde, takes the helm.<\/p>\n\n\n\n A new, controversial role in the EU has many up in arms about what the governing body is saying about immigrants and refugees in the region. Incoming chief of the EU\u2019s administrative branch, Ursula von der Leyen, announced the role<\/a> of \u201cVice President for protecting our European way of life\u201d at a recent press conference. This role would center around migration policy, leading many to believe this is a move that appeals only to the far-right, using terminology that is very controversial.<\/p>\n\n\n\n In an attempt to explain the new position, von der Leyen said:<\/p>\n\n\n\n \u201cThe European way of life is built around solidarity, peace of mind and security…We must address and allay legitimate fears and concerns about the impact of irregular migration on our economy and society.\u201d<\/em><\/p>\n\n\n\n However, many in the EU were appalled by such statements. Dutch member of EU parliament Sophie in \u2018t Veld sees this as the complete antithesis of the values of Europe<\/a>:<\/p>\n\n\n\n \u201cThe very point about the European way of life, is the freedom for individuals to choose their own way of life\u2026 The implication that Europeans need to be protected from external cultures is grotesque and this narrative should be rejected.\u201d<\/em><\/p>\n\n\n\n Climate change is one of the biggest threats facing humanity. But could technology lessen its impact? A recent expose by Time Magazine<\/a> highlighted the ways in which technology can help change the climate change narrative and provide a cleaner environment for the world.<\/p>\n\n\n\n Over recent years, solar and wind power have declined significantly in cost, with wind power doubling in the US over the past 10 years. Between solar and wind energy, renewables garnered 17% of all electricity generation in 2018, up from 9% in 2008.<\/p>\n\n\n\n It is the commitment to carbon-free electricity that is set to move the needle for climate change:<\/p>\n\n\n\n \u201cIn 2019, Nevada and Washington joined California and Hawaii in committing to 100% carbon-free electricity in the next generation. Around the world, France, Sweden, Norway, Portugal and the U.K., among others, have set similar goals.\u201d<\/em><\/p>\n\n\n\n It appears the UK is now ruled by a dictator. At least, that\u2019s what many media members and citizens in the country are claiming after Prime Minister Boris Johnson delayed parliament in an attempt to stave off a deal with the EU.<\/p>\n\n\n\n
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