The economic case against Brexit is stacking up fast

This week, the CBI warned that leaving the EU would cause a serious shock to the UK economy. That’s after an independent PwC study found that, by 2020, the cost of Brexit to UK GDP could be as much as £100bn with nearly 1m jobs lost. That would prove a real blow to living standards – household incomes across the UK could be up to £3,700 lower than were we to stay in.

Writing in City A.M. yesterday, Leave.eu unsurprisingly dismissed this – despite the economic case stacking up against Brexit. They have also consistently failed to come up with a credible alternative to full EU membership.

Over the last week alone, there have been two further studies – from Oxford Economics and the London School of Economics – which show that a vote to leave is a vote for a less prosperous UK. While the business and economic case is only one part of the story for the voting public, it is an important one.

For the study we commissioned, PwC looked at two possible exit scenarios and their impact. One was a “plain-sailing” option where a free trade deal is swiftly agreed with the EU and we maintain all of our trade deals with the rest of the world. This is about as optimistic as it gets, and even then there would be great uncertainty for business, with investment down and GDP as much as 3 per cent lower by 2020.

The other scenario sees the UK drop into World Trade Organisation rules, which would see the return of tariff barriers for business but the UK signing new trade deals.

The economy would slowly recover over time, but in either case the economy never quite tracks back to where it would have been if we had stayed in. Of course, the UK could survive outside the EU and, in time, the economy would grow again, but leaving the EU would mean a smaller economy in 2030 than choosing to stay.

The EU is not perfect and poorly thought-out regulations are a headache for businesses. But some of the savings that are often cited by the likes of Leave.eu are illusory. Take the Working Time Directive: most of the cost of this comes from annual holiday and rest break entitlements. Is ending paid holiday the kind of savings from regulation that Leave.eu mean? Any savings from reduced EU budget contributions and regulation would be greatly outweighed by the negative impact on trade and investment.

The benefits of being part of the EU mean the UK goes “toe-to-toe” with other economic giants around the world in trade negotiations. By leaving, we would most likely drop out of the EU trade deals we currently benefit from and have to renegotiate them from scratch. The UK could also end up at the back of the queue, with many countries preferring to negotiate comprehensive deals with larger regional blocs.

That’s just one reason why, in a recent independent poll of our members by ComRes, 80 per cent of CBI businesses wish to remain in the EU – just 5 per cent want to leave. That’s small, medium and large firms, which operate in every corner of the UK and across every business sector – together they employ nearly 7m people. Recent business surveys have covered smaller and mid-sized firms, as much as large, and they demonstrate majority support for remaining within the EU – that is the mainstream business view.

The challenge to those pushing for the UK to leave is to make the economic case for how the UK would be better off outside the EU. When presented with solid economic analysis from numerous respected bodies, they choose to cherry-pick, ignore the facts or claim scare-mongering. This is one of the biggest decisions we will get to vote on in our lifetimes – and the most profound impact will be on the next generation – so the public deserves to hear sober economic analysis from both sides of the debate.

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Dynamic CES Asia Conference Program to Touch on Top Tech …

Business Wire India

From robots and drones to the future of TV and beyond, CES Asia™ 2016 conference sessions will explore the technologies changing and improving our world and bringing the next big thing to consumers. Attendees will gain access to the industry’s top voices in more than 50 conference sessions over three full days. Owned and produced by the Consumer Technology Association (CTA)™, and co-produced by Intex Shanghai, CES Asia will run May 11-13, 2016, in Shanghai, China.

 

“The CES Asia conference program is an opportunity for attendees to learn from some of the most innovative minds in both the traditional and non-traditional tech space – a chance to gain insight from the leaders that are growing our global industry,” said Gary Shapiro, president and CEO, Consumer Technology Association. “Top executives and influential media will participate and host sessions with a wide-ranging focus on emerging areas like the Internet of Things, robotics, wearables, automotive, entertainment and much more.”

 

CES Asia conference session highlights include:

 

       

 

   

 

Advertising in China: Reaching 1.4 Billion Consumers: Thursday, May 12, 1:30-2:15 PM

       

Several of the world’s largest publishers and advertising agencies discuss the opportunities and challenges inherent in advertising to the largest consumer base in the world.

        Speakers: Arlene Ang, CEO, OMD China
        Alan Lan, Head of Online Sales, Twitter
       

Doug Pearce, CEO, Omnicom Media Group, Greater China

        David Porter, Media Director, UNILEVER
         
   

 

The Internet of Things: Wednesday, May 11, 1-1:45 PM

       

The Internet of Things (IoT) is growing by leaps and bounds. This session will explore the all-encompassing world of IoT, including the important topics of security, interoperability and an analysis of the Asian consumer market.

        Speakers: Wilma Su, President, Zigbee
        Jianhao Liu, Security Expert, 360
        Robert Yu, CMO, Asia, Exosite
         
   

 

Investment Opportunities in China: Thursday, May 12, 2-2:45 PM

       

The Chinese stock market is going through a period of slow down and volatility. Join a group of seasoned tech investors to find out how this market disruption affects the way established companies and startups do business, the valuation environment and the ripple effect these changes will have throughout Asia.

        Speakers: Eric Hsia, Venture Partner, Translink Capital
        Jenny Lee, GGV Capital
        Ben Bateman, Indiegogo
        Alan Song, Managing Partner, SBCVC
         

All sessions will take place at the Kerry Hotel and will be presented in either English or Mandarin. All seating and simultaneous translation services (English/Mandarin) are available on-site on a first-come, first-serve basis. Single day conference passes are available for 1,500 RMB or full three-day passes are available for only 2,500 RMB. Conference sessions are always free for credentialed media.

 

In addition to a full spectrum of conference sessions, top executives from influential brands will deliver keynote addresses at CES Asia, including Intel’s Kirk Skaugen. Skaugen will discuss how innovation in technology will play an unprecedented role in transforming our daily life experiences. Keynote and Industry Mover addresses are complimentary for all CES Asia attendees with a CES Asia badge.

 

The complete lineup of CES Asia conference sessions is available on CESAsia.com. A full list of speakers and keynotes will be announced in the coming weeks. Registration for CES Asia is now live. For more information visit CESAsia.com.

 

Note to Editors:Journalists traveling from outside of China will require a J-1 or J-2 visa. For questions about exhibiting at CES Asia, contact Brian Moon at bmoon@CE.org or +1 703-907-4351.

 

About Consumer Technology Association:

 

Consumer Technology Association (CTA)TM, formerly Consumer Electronics Association (CEA)® is the trade association representing the $287 billion U.S. consumer technology industry. More than 2,200 companies – 80 percent are small businesses and startups; others are among the world’s best known brands – enjoy the benefits of CTA membership including policy advocacy, market research, technical education, industry promotion, standards development and the fostering of business and strategic relationships. CTA also owns and produces CES® – the world’s gathering place for all who thrive on the business of consumer technologies. Profits from CES are reinvested into CTA’s industry services.

 

About CES Asia:

 

Owned and produced by the Consumer Technology Association (CTA)TM and co-produced by Intex Shanghai, CES Asia is the premier event for the consumer technology industry, showcasing the full breadth and depth of the innovation value-chain in the Asian marketplace. Key global businesses come to this new event to grow and reinforce their brand by showcasing the latest products and technologies to CE industry executives, foreign buyers, international media and a limited number of consumers from China. Attendees have exclusive access to some of the largest brands from China and around the world, while celebrating the innovation that defines the CE industry.

 

About Intex Shanghai:

 

Intex Shanghai Co., Ltd is the sub joint venture company of CCPIT (China Council for the Promotion of International Trade) Shanghai, which started 1992 and jointly invested by Shanghai Hongqiao E&T Development Zone United Development Co., Ltd., CCPIT Shanghai and Istithmar P&O Estates FZE. Intex owns venue in Shanghai, and manages various exhibition venues outside of Shanghai, and also organizes and co-organizes about 10 international trade shows in China as a prominent producer of international tradeshows. Intex Shanghai is the vice chairman of SCEIA, the Deputy Director of CAEC and the member of UFI, and has a stand-out reputation in the domestic exhibition industry. Find Intex Shanghai online at www.intex-sh.com.

 

UPCOMING EVENTS

 

March 21-24, Park City, UT

  • Technology & Standards Spring Forum – Register

April 4-8, San Diego, CA

April 19, Washington, DC

April 20, Washington, DC

May 11-13, Shanghai, China

  • CEO Summit

June 21-24, Tel Aviv, Israel

September 20-22, San Jose, CA

  • CES Unveiled Prague

October 20, Prague, Czech Republic

  • CES Unveiled Paris

October 25, Paris, France

  • CES Unveiled New York

November 10, New York, NY

  • CES Unveiled Las Vegas

January 3, Las Vegas, NV

January 5-8, Las Vegas, NV

 

 

 

View source version on businesswire.com: http://www.businesswire.com/news/home/20160322006114/en/

forbes.com weiter: Last week in Budapest, I spent the afternoon partying with teachers from all over the globe . This EdTech Conference Puts Teachers Before Tablets. Most of my colleagues were back in the USA at SXSWEdu, reveling in “disruptive” ideas and uber-hip edtech solutions. But I was glad to be in the Central Europe. The truth is you don’t see all that many teachers in Austin; SXSWEdu is really a tech industry conference. It is full of edu-sector entrepreneurs, consultants, pseudo-celebrity thought-leaders and words like scalability or growth. weiterlesen …

Dazu buzzfeed.com weiter: Noah Berger / AFP / Getty Images The leader of Google’s self-driving car program and a top Lyft official will lay out a regulatory roadmap for U S . Lyft, Google, And GM Urge Congress To Get Moving On Autonomous Cars. lawmakers Tuesday, asking Congress to remove barriers in the way of autonomous automobiles.The top recommendation is for Congress to unify the crisscrossing demands of state regulations, which present potentially burdensome obligations for the nascent industry.“The worst possible scenario for the growth weiterlesen …

Dazu meldet reuters.com: NEW YORK, March 14 (Reuters) – When top derivatives exchange executives gather in Boca Raton, Florida, this week for a major industry conference, the buzz will be around who is meeting whom in hotel . DEALTALK-Exchange leaders to size each other up in Boca Raton. weiterlesen …

nypost.com schreibt dazu weiter: Billionaires, top tech CEOs and leading figures of the GOP establishment gathered on an island off the coast of Georgia this weekend for a conference where the main topic was how to stop Donald Trump, according to a new report . Tech billionaires plot with GOP leaders to stop Trump at exclusive island resort. The business and party bigs’ strategy sessions came at the American Enterprise Institute’s annual World weiterlesen …

rss.dw.de berichtet: Kerry urges China to press North Korea on nuclear program weiterlesen …

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Brussels terrorist attacks: Australia steps up airport security

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Australians must be vigilant: Malcolm Turnbull

Australia’s terror alert level remains at probable in the wake of the attacks in Brussels. Courtesy ABC News 24.

The Australian Federal Police has increased security operations and patrols at the country’s major international airports in the wake of the deadly attack on Brussels Airport on Tuesday.

“Security measures at these airports are multi-layered and may involve armed mobile, canine and foot patrols, static guarding as well as specialist response armed capability,” an AFP spokeswoman said. “A range of technical measures such as extensive CCTV also support these security measures.”

Prime Minister Malcolm Turnbull on Wednesday morning told ABC Radio the AFP had advised security levels at Australian airports were “appropriate” and had not been increased. However, it was later clarified he was referring to the overall threat level rather than specific measures at airports.

Like in Brussels, visitors of check-in areas at Australian airports don't need boarding passes.

Like in Brussels, visitors of check-in areas at Australian airports don’t need boarding passes. Photo: Pat Scala

In Australia, Border Force personnel had planned strikes over the busy Easter travel period, including a 24-hour stoppage at all international airports and cruise terminals on Thursday that was expected to cause delays for travellers arriving and departing Australia. But the Community and Public Sector Union on Wednesday said it would postpone the planned strike action after calls from Mr Turnbull to do so.

The Brussels attack occurred at the airport check-in area where no one needed to present a boarding pass or identification to be present.

When asked if there should be tighter security at the entrances to Australian airports, Mr Turnbull said he would be taking advice on that.

“We have not got advice on any changes in that regard at this stage. But every single one of these attacks, wherever it is anywhere in the world, we learn from and we make adjustments and we reassess the circumstances in light of the new intelligence we receive,” he said.

Contingency plans

Australian Airports Association chief executive Caroline Wilkie said industry and government agencies were in dialogue about appropriate measures that could be put in place to respond to plausible threats.

“The Government, airports and airlines have for some time worked on contingency plans that can be effected quickly should the security threat level increase as a result of clear intelligence from government agencies,” she said. “A strong, visible AFP presence at major airports will continue to support the multi-layered security measures in place to help mitigate threats.”

The Brussels attack was not the first time there had been a major incident at a non-secure part of an airport. In 2011, a suicide bomber killed 37 people and injured 173 at the arrivals hall at Moscow’s busiest airport, Domodedovo International.

In 2013, there was a shooting in Terminal 3 at Los Angeles International Airport that killed a security officer manning a checkpoint and wounded several others. In 1985, there were twin terrorist attacks at Rome and Vienna airports that killed 19 people at check-in counters for Israel’s El Al Airlines.

Australia, like most countries, does not require boarding passes to access non-secure areas of the airport such as check-in and arrivals halls. For domestic flights, passengers can reach secure areas and board aircraft without showing identification, although they do need to pass through security scanners.

Extra checks

John Kendall, director border and national security program, Unisys Global Public Sector, said in some countries there were extra checks done before reaching the check-in area. 

“In India, when you come into an airport you are required to show a printed copy of [your] itinerary,” he said. “There are some places that have experienced bombings like the Philippines where they do a full scan of baggage before you are able to enter the terminal itself. The challenges are [that] there are very few airports set up to handle that sort of thing. In the Philippines, you get used to queueing on the sidewalk.”

However, Mr Kendall said just showing identification or a copy of an itinerary was not enough because those could be forged and it would be fairly useless if they were not checked against a watchlist. He said the use of biometrics, such as fingerprints, facial recognition or iris scans, would probably be required for more useful checks.

Airports Council International Europe said the possible adoption of additional security measures and checks on people entering non-secure parts of the airport, such as check-in counters, could prove disruptive and might actually create new security risks. 

“By displacing the gathering of passengers and airport visitors to spaces not designed for that purpose – such measures would essentially be moving the target, rather than securing it,” the trade organisation said. 

“It is worth keeping in mind that the atrocities committed [on Tuesday] are part of a series of attacks that have hit several locations in the past six months including Paris, Ankara and Istanbul. These attacks are not limited to disrupting our transport systems, but are clearly about threatening our entire way of life by targeting other public spaces including places of social gathering and entertainment.”

Airports, however, are on edge after the Brussels attacks. Denver Airport evacuated a section of its main terminal on Tuesday local time to investigate a possible security threat. London Heathrow said police were providing a “high visibility presence” at the UK’s major hub in the wake of the Brussels attacks.

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