Thailand election: Economic growth, income inequality are key issues

Investors are hoping for greater political and economic stability in Thailand after the country’s upcoming general election — but some analysts aren’t so sure that will come to pass. This year, foreign buying of Thai equities has not return in a significant way, with many investors opting to wait for clarity on the political front. The election on March 24 will be Thailand’s first since a military coup overthrew the elected government in 2014. An anti-military camp that consist of the Pheu Thai


Investors are hoping for greater political and economic stability in Thailand after the country’s upcoming general election — but some analysts aren’t so sure that will come to pass. This year, foreign buying of Thai equities has not return in a significant way, with many investors opting to wait for clarity on the political front. The election on March 24 will be Thailand’s first since a military coup overthrew the elected government in 2014. An anti-military camp that consist of the Pheu Thai
Thailand election: Economic growth, income inequality are key issues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: yen nee lee, gonzalo azumendi, getty images
Keywords: news, cnbc, companies, thailand, economic, party, minister, foreign, election, thai, growth, political, issues, parties, income, prime, inequality, key, investors


Thailand election: Economic growth, income inequality are key issues

Investors are hoping for greater political and economic stability in Thailand after the country’s upcoming general election — but some analysts aren’t so sure that will come to pass.

Last year, the Thai stock market suffered a record $9 billion in foreign investment outflows as investors withdrew from emerging markets amid rising interest rates in the U.S. and global economic concerns. This year, foreign buying of Thai equities has not return in a significant way, with many investors opting to wait for clarity on the political front.

The election on March 24 will be Thailand’s first since a military coup overthrew the elected government in 2014. The vote is set to be a contest between three political fractions:

A pro-military camp that include the Palang Pracharat Party, which named current Prime Minister Prayuth Chan-o-cha as its candidate to lead the country.

An anti-military camp that consist of the Pheu Thai Party — which is linked to exiled former Prime Minister Thaksin Shinawatra — and the newly founded Future Forward Party.

A group of parties that are neutral or undecided on which side they would align, including the Democrat Party led by another former prime minister, Abhisit Vejjajiva, and Bhumjaithai Party, which recently made headlines for its promotion of marijuana as a new cash crop in Thailand.

None of the parties are expected to single-handedly win enough seats to form the next government, which means the most likely scenario is a coalition administration. That may be challenging, however, in a polarized political environment like Thailand, analysts said.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: yen nee lee, gonzalo azumendi, getty images
Keywords: news, cnbc, companies, thailand, economic, party, minister, foreign, election, thai, growth, political, issues, parties, income, prime, inequality, key, investors


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‘Imagine the US being governed by Mexico?’: Why some UK lawmakers hated the Brexit deal

The U.K.’s Brexit deal with the European Union is dead in the water after a majority of lawmakers rejected the withdrawal agreement in a crucial vote. The agreement was rejected by 149 votes — which included 75 members of U.K. Prime Minister Theresa May’s own Conservative Party and the majority of opposition parties in Parliament. Lawmakers from each of the main political parties in the U.K. told CNBC why they were so compelled to vote against the deal. “Imagine in America if the American people


The U.K.’s Brexit deal with the European Union is dead in the water after a majority of lawmakers rejected the withdrawal agreement in a crucial vote. The agreement was rejected by 149 votes — which included 75 members of U.K. Prime Minister Theresa May’s own Conservative Party and the majority of opposition parties in Parliament. Lawmakers from each of the main political parties in the U.K. told CNBC why they were so compelled to vote against the deal. “Imagine in America if the American people
‘Imagine the US being governed by Mexico?’: Why some UK lawmakers hated the Brexit deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: holly ellyatt, luke macgregor, bloomberg, getty images
Keywords: news, cnbc, companies, agreement, conservative, america, deal, governed, imagine, uk, lawmakers, mexico, brexit, parties, court, hated, rejected, majority, told


'Imagine the US being governed by Mexico?': Why some UK lawmakers hated the Brexit deal

The U.K.’s Brexit deal with the European Union is dead in the water after a majority of lawmakers rejected the withdrawal agreement in a crucial vote.

The agreement was rejected by 149 votes — which included 75 members of U.K. Prime Minister Theresa May’s own Conservative Party and the majority of opposition parties in Parliament.

Lawmakers from each of the main political parties in the U.K. told CNBC why they were so compelled to vote against the deal.

“Imagine in America if the American people found themselves governed by, shall we say, a mixture of Canada, Mexico and South America over and above Congress and that the Supreme Court itself would be subject to a superior court — they just simply couldn’t even believe it was happening,” Bill Cash, a Conservative Member of Parliament (MP) and a prominent Brexiteer told CNBC Wednesday.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: holly ellyatt, luke macgregor, bloomberg, getty images
Keywords: news, cnbc, companies, agreement, conservative, america, deal, governed, imagine, uk, lawmakers, mexico, brexit, parties, court, hated, rejected, majority, told


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US grounds Boeing 737 Max planes, citing links between 2 fatal crashes

The Federal Aviation Administration on Wednesday grounded all Boeing 737 Max jets in the U.S., citing new evidence that showed similarities between two fatal crashes of the popular planes that have killed 346 people in less than five months. New satellite data shows the plane’s movement was similar to the October crash, the FAA’s acting administrator Daniel Elwell told reporters on a call Wednesday. “It became clear the track was very close and behaved similarly to the Lion Air flight,” Elwell t


The Federal Aviation Administration on Wednesday grounded all Boeing 737 Max jets in the U.S., citing new evidence that showed similarities between two fatal crashes of the popular planes that have killed 346 people in less than five months. New satellite data shows the plane’s movement was similar to the October crash, the FAA’s acting administrator Daniel Elwell told reporters on a call Wednesday. “It became clear the track was very close and behaved similarly to the Lion Air flight,” Elwell t
US grounds Boeing 737 Max planes, citing links between 2 fatal crashes Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: leslie josephs, kevin breuninger, joe raedle, getty images
Keywords: news, cnbc, companies, grounding, 737, reporters, planes, grounds, links, crashes, data, parties, boeing, flight, elwell, faa, told, citing, max, fatal


US grounds Boeing 737 Max planes, citing links between 2 fatal crashes

The Federal Aviation Administration on Wednesday grounded all Boeing 737 Max jets in the U.S., citing new evidence that showed similarities between two fatal crashes of the popular planes that have killed 346 people in less than five months.

The move marks a stunning turnaround for the U.S., which has stood by the American-made aircraft as dozens of countries around the world grounded the planes.

The crash of Ethiopian Airlines Flight 302 on Sunday came less than five months after a Lion Air Boeing 737 Max 8 — the same type of plane — plunged into the Java Sea minutes into the flight from Jakarta, Indonesia, killing all 189 people on board. Both planes were new, delivered from Boeing just months before their doomed flights.

The FAA said the grounding will remain in effect while it investigates the crash.

“An FAA team is in Ethiopia assisting the NTSB as parties to the investigation of the Flight 302 accident,” it said in a statement.

New satellite data shows the plane’s movement was similar to the October crash, the FAA’s acting administrator Daniel Elwell told reporters on a call Wednesday. The agency also took physical evidence into account, but Elwell declined to elaborate.

“It became clear the track was very close and behaved similarly to the Lion Air flight,” Elwell told reporters on a call Wednesday. “My hope is the FAA, the carriers, the manufacturers and all parties will work very hard to make this grounding as short as possible so that these airplanes can get back up in the sky.”

The agency did not have enough data to warrant grounding the planes earlier, he said. “We are a fact-driven, a data-based organization,” said Elwell. “Since this accident occurred we were resolute in our decision that we would not take action until we had data to support taking action. That data coalesced today and we made the call.”

The Ethiopian Airlines plane’s black boxes, which contain flight data and cockpit voice recordings, will be sent to France for analysis this week, he added.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: leslie josephs, kevin breuninger, joe raedle, getty images
Keywords: news, cnbc, companies, grounding, 737, reporters, planes, grounds, links, crashes, data, parties, boeing, flight, elwell, faa, told, citing, max, fatal


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Thai court bans party for nominating princess for PM

“The court has ordered that the party be dissolved,” Judge Taweekiet Meenakanit said in the Constitutional Court ruling, which also banned the party’s executive board members from politics for 10 years. Thai Raksa Chart is one of several parties loyal to ousted former prime minister Thaksin Shinawatra in an election that broadly pits his supporters against establishment parties, including one that has junta leader Prayuth Chan-ocha as its prime ministerial candidate. Police had deployed more tha


“The court has ordered that the party be dissolved,” Judge Taweekiet Meenakanit said in the Constitutional Court ruling, which also banned the party’s executive board members from politics for 10 years. Thai Raksa Chart is one of several parties loyal to ousted former prime minister Thaksin Shinawatra in an election that broadly pits his supporters against establishment parties, including one that has junta leader Prayuth Chan-ocha as its prime ministerial candidate. Police had deployed more tha
Thai court bans party for nominating princess for PM Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: lillian suwanrumpha, afp, getty images, lawrence k ho los angeles times getty images, krit phromsakla na sakolnakorn, thai news pix
Keywords: news, cnbc, companies, nominating, bans, junta, parties, constitutional, prime, party, leader, minister, court, election, thai, ruling, princess


Thai court bans party for nominating princess for PM

“The court has ordered that the party be dissolved,” Judge Taweekiet Meenakanit said in the Constitutional Court ruling, which also banned the party’s executive board members from politics for 10 years.

Thai Raksa Chart is one of several parties loyal to ousted former prime minister Thaksin Shinawatra in an election that broadly pits his supporters against establishment parties, including one that has junta leader Prayuth Chan-ocha as its prime ministerial candidate.

Opposition parties say Prayuth’s candidacy, combined with electoral laws allowing the junta to appoint the 250-seat upper house Senate, could result in an elected government that extends military influence.

Police had deployed more than 1,000 officers in and around the court and cordoned off the surrounding area ahead of the ruling.

Party leader Preechapol Pongpanich, who was visibly emotional, told reporters outside the court the party accepted the ruling. “We all had good intentions for the country,” he said.

Supporters were seen crying, saying they would vote instead for other opposition parties.

The Election Commission asked the court to dissolve the party after it nominated Princess Ubolratana Rajakanya Sirivadhana Barnavadi for prime minister, which the commission described as “antagonistic toward the constitutional monarchy”.


Company: cnbc, Activity: cnbc, Date: 2019-03-07  Authors: lillian suwanrumpha, afp, getty images, lawrence k ho los angeles times getty images, krit phromsakla na sakolnakorn, thai news pix
Keywords: news, cnbc, companies, nominating, bans, junta, parties, constitutional, prime, party, leader, minister, court, election, thai, ruling, princess


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Spain’s socialists were ‘irresponsible’ to talk to Catalan separatists, opposition leader says

Spain’s incumbent socialist government was “irresponsible” to negotiate with Catalonia’s pro-independence parties, the president and leader of Spain’s opposition People’s Party (Partido Popular) told CNBC. “This (socialist) government has tried to negotiate with those that want to divide our own nation,” Pablo Casado told CNBC’s Willem Marx in Madrid Thursday. Casado said that Prime Minister Pedro Sanchez had been “irresponsible” to accept the support from secessionist parties that wanted to “br


Spain’s incumbent socialist government was “irresponsible” to negotiate with Catalonia’s pro-independence parties, the president and leader of Spain’s opposition People’s Party (Partido Popular) told CNBC. “This (socialist) government has tried to negotiate with those that want to divide our own nation,” Pablo Casado told CNBC’s Willem Marx in Madrid Thursday. Casado said that Prime Minister Pedro Sanchez had been “irresponsible” to accept the support from secessionist parties that wanted to “br
Spain’s socialists were ‘irresponsible’ to talk to Catalan separatists, opposition leader says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: holly ellyatt, angel navarrete bloomberg via getty images
Keywords: news, cnbc, companies, parties, talk, socialist, spains, told, negotiate, party, separatists, socialists, catalan, opposition, irresponsible, spain, election, leader, win


Spain's socialists were 'irresponsible' to talk to Catalan separatists, opposition leader says

Spain’s incumbent socialist government was “irresponsible” to negotiate with Catalonia’s pro-independence parties, the president and leader of Spain’s opposition People’s Party (Partido Popular) told CNBC.

“This (socialist) government has tried to negotiate with those that want to divide our own nation,” Pablo Casado told CNBC’s Willem Marx in Madrid Thursday.

Casado said that Prime Minister Pedro Sanchez had been “irresponsible” to accept the support from secessionist parties that wanted to “break the unity of Spain” and that a PP-led government, should the party win a forthcoming general election, would not allow Spain to be divided.

“What we want to do if we win the election in April is to make clear that in Spain, as in all the modern democratic countries in the world, we are going to make sure everyone accomplishes with (the use of) law,” he said.

Casado’s criticism of the government comes as Spain’s main political parties have swung into campaign mode ahead of a snap election in late April. The vote comes after lawmakers in Europe’s fourth largest economy failed to agree on a draft budget plan last week.


Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: holly ellyatt, angel navarrete bloomberg via getty images
Keywords: news, cnbc, companies, parties, talk, socialist, spains, told, negotiate, party, separatists, socialists, catalan, opposition, irresponsible, spain, election, leader, win


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Fight populism by explaining the benefits of globalization, ex-German finance chief urges

European citizens are due to vote on new representatives for the European Parliament between May 23 and 26. “It’s a real danger for the next European Parliament,” Wolfgang Schaeuble, president of the German Parliament and former finance minister, told CNBC’s Annette Weisbach. The same think tank said that anti-European parties are likely to work together to undermine European cooperation, such as pushing for an end to sanctions on Russia. However, because the vote is still a few months away, Sch


European citizens are due to vote on new representatives for the European Parliament between May 23 and 26. “It’s a real danger for the next European Parliament,” Wolfgang Schaeuble, president of the German Parliament and former finance minister, told CNBC’s Annette Weisbach. The same think tank said that anti-European parties are likely to work together to undermine European cooperation, such as pushing for an end to sanctions on Russia. However, because the vote is still a few months away, Sch
Fight populism by explaining the benefits of globalization, ex-German finance chief urges Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro, axel schmidt
Keywords: news, cnbc, companies, vote, undermine, schaeuble, benefits, parties, urges, explaining, parliament, fight, win, chief, told, real, european, finance, populism, exgerman, think, globalization


Fight populism by explaining the benefits of globalization, ex-German finance chief urges

Germany’s former finance minister expressed his concerns about an upcoming election at the EU this year, saying voters would only shun populist politics if the benefits of globalization are fully explained to them.

European citizens are due to vote on new representatives for the European Parliament between May 23 and 26. However, years of economic stagnation and long-lasting crises over immigration in Europe have translated into a push toward anti-establishment parties across the continent.

As a result, non-mainstream politicians have gained ground in national elections over the last few years and are likely to see further gains at this EU-wide vote.

“It’s a real danger for the next European Parliament,” Wolfgang Schaeuble, president of the German Parliament and former finance minister, told CNBC’s Annette Weisbach.

A report from the European Council on Foreign Affairs said Tuesday that anti-European parties are on course to win a third of the seats and would “frustrate activity, undermine the security and defense of Europe, and ultimately sow discord that could destroy the EU over time.”

The same think tank said that anti-European parties are likely to work together to undermine European cooperation, such as pushing for an end to sanctions on Russia.

However, because the vote is still a few months away, Schaeuble said that it’s time to “fight” populism and explain to people the advantages of globalization.

“We are at the beginning of the campaign. And in the campaign, you have to fight and not (think) ‘what will you do if we are not to be successful?’ We will do what we can, and I think we can win,” he told CNBC this week.

“The most important thing for political leaders to do is to explain to the population why it is so, why it is needed, what are the real advantages; that globalization will make everyone richer, the opposite will make everyone poorer,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro, axel schmidt
Keywords: news, cnbc, companies, vote, undermine, schaeuble, benefits, parties, urges, explaining, parliament, fight, win, chief, told, real, european, finance, populism, exgerman, think, globalization


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The EU has an important election coming in May. Here’s what you need to know

“Opinion polls still suggest a two-thirds majority for the mainstream parties,” he said. “Overall there will be more political volatility and this will inevitably affect the quasi-automatic adoption of European Commission proposals,” Alemanno said. Generally speaking, the European Commission is in charge of proposing laws, which are then discussed and approved by every country’s minister at European Council meetings. According to Alemanno, 95 percent of European Commission proposals are adopted


“Opinion polls still suggest a two-thirds majority for the mainstream parties,” he said. “Overall there will be more political volatility and this will inevitably affect the quasi-automatic adoption of European Commission proposals,” Alemanno said. Generally speaking, the European Commission is in charge of proposing laws, which are then discussed and approved by every country’s minister at European Council meetings. According to Alemanno, 95 percent of European Commission proposals are adopted
The EU has an important election coming in May. Here’s what you need to know Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro, frederick florin afp getty images, armend nimani, afp, getty images, daniel roland
Keywords: news, cnbc, companies, commission, alemanno, likely, important, undermine, parliament, eu, know, council, election, heres, parties, european, proposals, coming, mainstream, need


The EU has an important election coming in May. Here's what you need to know

“The real challenge will be to find compromises among more than two big mainstream groups,” Florian Hense, a euro zone economist at Berenberg, told CNBC via email.

However, he highlighted that despite the upcoming split in voting intentions, pro-European parties are likely to still have the biggest share in Parliament.

“Opinion polls still suggest a two-thirds majority for the mainstream parties,” he said. “(And) even if the radicals have big plans for the EU, they lack both democratic support and a common position to deliver them.”

However, not everyone shares this opinion.

A report from the European Council on Foreign Affairs said Tuesday that anti-European parties are on course to win a third of the seats and would “frustrate activity, undermine the security and defense of Europe, and ultimately sow discord that could destroy the EU over time.”

The same think tank said that anti-European parties are likely to work together to undermine European cooperation, such as pushing for an end to sanctions on Russia.

“Overall there will be more political volatility and this will inevitably affect the quasi-automatic adoption of European Commission proposals,” Alemanno said.

Generally speaking, the European Commission is in charge of proposing laws, which are then discussed and approved by every country’s minister at European Council meetings. The European Parliament then votes on these proposals.

According to Alemanno, 95 percent of European Commission proposals are adopted by the European Parliament and the Council. Significantly more than the percentage passed by U.S. lawmakers, he added.

“We are going to witness a sort of Americanization of the European decision-making progress by having a less automatic adoption of proposals,” Alemanno said.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro, frederick florin afp getty images, armend nimani, afp, getty images, daniel roland
Keywords: news, cnbc, companies, commission, alemanno, likely, important, undermine, parliament, eu, know, council, election, heres, parties, european, proposals, coming, mainstream, need


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Spain’s Sanchez calls together cabinet as possible snap election looms

Spain’s Prime Minister Pedro Sanchez will meet with cabinet colleagues Friday morning to discuss a solution to his government’s legislative paralysis. The meeting comes after two Catalan separatist parties that had supported his Socialists (PSOE) in the Madrid parliament voted against his budget for the current fiscal year. Sanchez is one of Europe’s last remaining center-left leaders, a decade on from the financial crisis that cratered the Spanish economy. “Sanchez has not passed the budget …


Spain’s Prime Minister Pedro Sanchez will meet with cabinet colleagues Friday morning to discuss a solution to his government’s legislative paralysis. The meeting comes after two Catalan separatist parties that had supported his Socialists (PSOE) in the Madrid parliament voted against his budget for the current fiscal year. Sanchez is one of Europe’s last remaining center-left leaders, a decade on from the financial crisis that cratered the Spanish economy. “Sanchez has not passed the budget …
Spain’s Sanchez calls together cabinet as possible snap election looms Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: willem marx, andrea comas
Keywords: news, cnbc, companies, vote, spains, simon, political, separatist, sanchez, pp, budget, snap, election, spending, previous, parties, calls, cabinet, possible, looms


Spain's Sanchez calls together cabinet as possible snap election looms

Spain’s Prime Minister Pedro Sanchez will meet with cabinet colleagues Friday morning to discuss a solution to his government’s legislative paralysis.

The meeting comes after two Catalan separatist parties that had supported his Socialists (PSOE) in the Madrid parliament voted against his budget for the current fiscal year.

Sanchez is one of Europe’s last remaining center-left leaders, a decade on from the financial crisis that cratered the Spanish economy.

Just days after the European Commission issued surprisingly healthy economic forecasts for Spain, Sanchez had been trying to pass a budget that would increase spending to address some of the country’s long-standing economic inequality.

There were almost no specific concerns raised about those draft spending proposals. But after the failed vote this week, his own budget minister acknowledged that without an approved budget for the year, Sanchez could struggle to argue that he has a mandate to govern.

Political analysts say Sanchez had the ability to simply roll over last year’s spending framework, introduced by the previous party in government, the Partido Popular (PP), but that appears unlikely to happen.

“Sanchez has not passed the budget … by himself,” Pablo Simon, a political science professor at Madrid’s Carlos III University, told CNBC. “It makes sense as consequence to assume that he does not have a workable majority in Parliament.”

The economy could nevertheless continue to perform well in the near term, and after years of austerity under the previous government, the country’s finances now look comparatively healthy despite political uncertainty.

“We face opportunity cost in terms of reforms,” Simon said of the political chaos. “But the deficit is not so problematic.”

Wednesday’s parliamentary proceedings — with 191 lawmakers voting against, 158 in favor, and 1 abstention — marked the second time since 1979 that a government has lost a vote on its budget, and the first time in almost 24 years.

In the wake of the 2017 Catalonia crisis and a corruption scandal that together roiled the once dominant center right, Sanchez himself took power from the PP, thanks to support from a handful of Basque deputies and 17 lawmakers from two Catalan separatist parties.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: willem marx, andrea comas
Keywords: news, cnbc, companies, vote, spains, simon, political, separatist, sanchez, pp, budget, snap, election, spending, previous, parties, calls, cabinet, possible, looms


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Spain’s government loses budget vote, paving way for snap election

Spain’s parliament rejected the government’s 2019 draft budget on Wednesday, pushing the country to the brink of a national election. Sources in the government and the Socialist party of Prime Minister Pedro Sanchez told Reuters on Tuesday that he would call a snap election if the draft was rejected, with April 14 or April 28 the most likely dates. In all, 191 lawmakers voted against the budget and 158 in favour, with one abstention. Conservative People’s Party leader Pablo Casado called the out


Spain’s parliament rejected the government’s 2019 draft budget on Wednesday, pushing the country to the brink of a national election. Sources in the government and the Socialist party of Prime Minister Pedro Sanchez told Reuters on Tuesday that he would call a snap election if the draft was rejected, with April 14 or April 28 the most likely dates. In all, 191 lawmakers voted against the budget and 158 in favour, with one abstention. Conservative People’s Party leader Pablo Casado called the out
Spain’s government loses budget vote, paving way for snap election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: pierre-philippe marcou, afp, getty images
Keywords: news, cnbc, companies, snap, voted, budget, spains, told, governments, loses, sanchez, parties, rejected, pedro, vote, paving, election, way


Spain's government loses budget vote, paving way for snap election

Spain’s parliament rejected the government’s 2019 draft budget on Wednesday, pushing the country to the brink of a national election.

Sources in the government and the Socialist party of Prime Minister Pedro Sanchez told Reuters on Tuesday that he would call a snap election if the draft was rejected, with April 14 or April 28 the most likely dates.

The Socialists hold less than a quarter of the seats in parliament and needed support from smaller regional parties, including the Catalans, to get the budget proposal voted through.

But the Catalan parties, unhappy with the government’s refusal to consider or discuss – amongst other issues – an independence referendum for their northeastern region, voted against it, as did the centre-right and the conservatives.

“This shows that the right wing in this country is intent on blocking social progress,” Budget Minister Maria Jesus Montero told reporters, in the government’s first reaction to the vote.

In all, 191 lawmakers voted against the budget and 158 in favour, with one abstention.

Conservative People’s Party leader Pablo Casado called the outcome “a de facto confidence vote against Pedro Sanchez.”

Spanish stocks edged lower and Spain’s government bond yield spread over safer Germany widened after the vote. Spain’s IBEX was the only major euro zone equity index in negative territory.

The political sources said on Wednesday it was not clear yet when the election would be announced.

But they also said Sanchez wanted a ballot as soon as possible to mobilise left-leaning voters following a rally in Madrid on Sunday by three right-wing parties, including the far-right Vox, which has jumped in opinion polls with a rise in anti-Catalan feelings throughout Spain.

The deep divisions between pro-unity Spaniards and secessionists in Catalonia were highlighted on Tuesday with the start of a trial of 12 separatists charged with rebellion following an attempt in October 2017 to secede from Spain.


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: pierre-philippe marcou, afp, getty images
Keywords: news, cnbc, companies, snap, voted, budget, spains, told, governments, loses, sanchez, parties, rejected, pedro, vote, paving, election, way


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Privacy policies give companies lots of room to collect, share data

“What really terrified me about this was that in the Sonicare privacy policy, they tell you they’re going to share this information,” he said. “The Sonicare app provides personalized advice to users on how to improve their brushing and oral hygiene habits based on their personal data… Based on the personal data, the user will be able to receive personalized services, e.g. As for the third parties, Philips told CNBC, “This section of our Sonicare app Privacy Notice describes the option for our us


“What really terrified me about this was that in the Sonicare privacy policy, they tell you they’re going to share this information,” he said. “The Sonicare app provides personalized advice to users on how to improve their brushing and oral hygiene habits based on their personal data… Based on the personal data, the user will be able to receive personalized services, e.g. As for the third parties, Philips told CNBC, “This section of our Sonicare app Privacy Notice describes the option for our us
Privacy policies give companies lots of room to collect, share data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: jennifer schlesinger, andrea day, getty images, future publishing, future, zhang peng
Keywords: news, cnbc, companies, sonicare, policies, privacy, room, users, philips, companies, share, personal, parties, app, user, collect, lots, data


Privacy policies give companies lots of room to collect, share data

Urbelis is concerned about the sharing of information. “What really terrified me about this was that in the Sonicare privacy policy, they tell you they’re going to share this information,” he said.

A Philips spokesperson said the data collected is used for personalization.

“The Sonicare app provides personalized advice to users on how to improve their brushing and oral hygiene habits based on their personal data… Based on the personal data, the user will be able to receive personalized services, e.g. set personal goals, follow progress and receive oral care recommendations,” said Philips spokeswoman Natasha Best in an email. “The Privacy Notice is aimed at transparency on this point, as it describes in detail which data will be received by Philips… For clarity, we wish to underline that some of the data fields to create a MyPhilips account (such as gender, age) are optional, so a user can decide to provide those data, or choose not to.”

As for the third parties, Philips told CNBC, “This section of our Sonicare app Privacy Notice describes the option for our users to indicate their wish to share their personal data with other parties (i.e. independent third parties), who will then process the user’s personal data for their own purposes and provide their own services to the user. The Privacy Notice describes who these parties are and informs the app users that Philips will only share their data with these independent third parties at the users’ request. In these cases, the app will ask for the user’s consent before sharing any data.”

Kasdan flagged Starbucks’ app and website for collecting much information that has nothing to do with serving coffee.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: jennifer schlesinger, andrea day, getty images, future publishing, future, zhang peng
Keywords: news, cnbc, companies, sonicare, policies, privacy, room, users, philips, companies, share, personal, parties, app, user, collect, lots, data


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