Monday, October 05, 2026

Pax Europaea: The longest period of continuous peace in Western Europe since the fall of the Western Roman Empire in 476 AD

 

In 1958, Jean-Baptiste Nicolas Robert Schuman became the first President 

of the European Parliamentary Assembly (later the European Parliament) 

In 1950, the Schuman Declaration proposed a joint coal and steel authority between France and West Germany, helping avert future conflict and leading to the European Coal and Steel Community (ECSC). 

Schuman, the French Foreign Minister, with his colleague Jean Monnet, a member of the French government, made history. 


From left to right, Jean Monnet and Robert Schuman in Luxembourg, 1953

The Six Founding Countries
  • France
  • West Germany (Federal Republic of Germany)
  • Italy
  • The Netherlands
  • Belgium
  • Luxembourg
  • France: Robert Schuman (Foreign Minister who proposed the plan) and Jean Monnet (political-economic adviser and architect of the plan).
  • West Germany: Konrad Adenauer (first Chancellor of West Germany).
  • Italy: Alcide De Gasperi (Prime Minister and Foreign Minister).
  • Belgium: Paul-Henri Spaak (Prime Minister and prominent diplomat).
  • The Netherlands: Johan Willem Beyen (Foreign Minister) and Sicco Mansholt (agricultural policy planner).
  • Luxembourg: Joseph Bech (Prime Minister and Foreign Minister).

Sunday, September 13, 2026

Ireland at $512 billion is the 5th-largest investor in US but I'ts a lie: Tax Havens / "Phantom Exports"

 

The $512 billion and €38.96 billion figures can't both be correct. 
The cumulative national Foreign Direct Investment (FDI) is compared to the annual exports of a specific agency's client companies, but those exports are "Phantom Exports."  
Just because a company founded in Ireland in 1970 (CRH) retained its original name doesn't mean it will always be Irish. CRH is an American firm!  
The Difference Between the Two Figures is that Most of the Big number is fake.    
MetricAmountScopeWhat it Measures
Total Cumulative FDI$512 BillionAll Irish entities in the USThe total historical value of investments, acquisitions, and operations built up over decades by all Irish companies (like CRH, Kerry Group, and Smurfit WestRock) in the US market.
Enterprise Ireland  Exports

 
~€38.9 BillionEnterprise Ireland clients globallyThe value of goods and services sold internationally in a single year only by companies supported by the government agency Enterprise Ireland.

Ireland is among the IMF's Top Tax Havens, driven by corporate profits
CRH plc was formed on October 20, 1970, through the merger of two prominent Irish building materials companies: Cement Limited (established in 1936) and Roadstone Limited (established in 1949).
Smurfit was founded in 1934 as a small box-making business in Rathmines, Dublin, Ireland..
Acquired by Jefferson Smurfit in 1938, it quickly grew into a dynamic and forward-looking business, becoming one of Ireland’s leading manufacturers and listed on the Irish Stock Exchange in 1964. 
The company started operations in Dublin, producing cardboard boxes and packaging for the local Irish market.
In 2001, Chairman and CEO Michael Smurfit resisted shareholder pressure to resign or diversify the heavily family-led board during the share price slump.
Smurfit Kappa was formed through the 2005 merger of Ireland's Jefferson Smurfit Group and Netherlands-based Kappa Packaging.
In 2024, WestRock acquired Smurfit Kappa to be the second-leading global paper and packaging company in the U.S. 

Friday, September 11, 2026

America's 250th Anniversary: The Good and the Bad


Columbus’s expeditions opened a long-lasting Atlantic world that linked Europe, Africa, and the Americas. They spurred plantation slavery, transferred crops like maize, potatoes, and cacao to Europe, and introduced horses, cattle, and disease to the Western Hemisphere. Culturally and politically, his memory animates histories, maps, monuments, and disputes. Some observers credit him with initiating modern globalisation; others view his career as a catastrophe for Indigenous peoples. Debates over Columbus Day and Indigenous Peoples’ Day show how his name anchors conversations about colonial expansion, memory

Norse Vikings, led by Leif Erikson, landed in Newfoundland (in modern-day Canada) around 1000 CE (Common Era).

A study published in the journal Nature provided precise scientific proof that Vikings were active in North America in the year 1021 AD—exactly 471 years before Christopher Columbus arrived in 1492.
​The Site: The evidence comes from L'Anse aux Meadows in Newfoundland, Canada. Discovered in 1960, this is the only confirmed Norse settlement site in North America.

Christopher Columbus (1492) [1451-1506]
  • Who: Italian explorer Cristoforo Colombo, sailing for Spain.
  • Where: He landed on an island in the Bahamas (and later Cuba and Hispaniola). He met the local Guanahani native inhabitants. He wanted to find a direct western sea route to India, China (Cathay), and the broader East Indies to bypass Ottoman-controlled land routes and trade directly for valuable spices, gold, and silk.
  • He believed he had reached the "Indies" (the regions of South and East Asia, including India and China), and he called the natives Indinians. Until the 196Os Native Americans were called Indians. 
  • Outcome: This voyage marked the start of permanent European contact, exploration, and colonisation across the Americas.
  • 16th Century (c. 1550–1580s): Navigators began mounting compass bowls on gimbals (free-swinging hinged rings). This kept the compass level despite the rolling motion of a ship.

Friday, August 14, 2026

Big Four American accounting have 1.5m workforce worldwide: AI as Grim Reaper


Big 4: Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst & Young), and KPMG
British chartered accountants initially travelled to the U.S. to audit British investments in American railroads and industries.
Toward the late 1880s and 1890s, American practitioners began organising locally, laying the groundwork for certified public accounting laws that arrived at the turn of the century.
"Big Eight, Big Five, and Big Four" in the context of secrecy refers to the consolidation of the global accounting and auditing market.
Over several decades, a handful of mega-firms shrank through mergers and collapses, creating an elite oligopoly often criticised for enabling global financial secrecy, tax avoidance, and offshore wealth masking.

Sunday, July 26, 2026

Ancient Greece: The Odyssey Christopher Nolan and Elon Musk

Built between 447 BC and 432 BC to honour the goddess Athena (Athenian Calendar) 

AD stands for Anno Domini, a Latin phrase meaning "in the year of our Lord". It refers to the years following the estimated birth of Jesus Christ.

Homer is the poet, The Odyssey is the book, and Odysseus is the main hero.

Athens created the world's first direct democracy around 508 BCE under Cleisthenes, which later flourished during the Greek Golden Age (477–431 BCE) under the leadership of Pericles. This era redefined political participation, philosophy, and art.

The many lives of the Parthenon

The "rape of the Parthenon" in Athens, Greece, refers to the removal of its ancient sculptures by the Scottish Lord Elgin in 1801, as well as major military destruction, such as the Venetian bombardment in 1687.

The Ottoman Empire used the Parthenon to store gunpowder during a war, and a Venetian mortar shell hit the building, blowing the roof off and causing massive structural damage.

The Acropolis is the ancient rocky hilltop citadel in Athens, Greece, while the Parthenon is the large, famous marble temple sitting right at the centre of that hilltop.

Lord Elgin, the British ambassador to the Ottoman Empire, began stripping statues, friezes, and architectural pieces from the Acropolis with official local permission.

Elgin shipped these artefacts to Britain, and they were later acquired by the British Museum in London, where a large portion remains on display today.

 Greece views the removal as an act of pillage and demands the permanent return of the sculptures to be reunited in the Acropolis Museum in Athens. 

From 1801 to 1812, Elgin's agents looted about half the surviving Parthenon sculptures, as well as sculptures from the Erechtheion, the Temple of Athena Nike, and the Propylaia, were sending them to Britain in an effort to establish a private museum. Elgin said he removed the sculptures with permission from the Ottoman officials who exercised authority in Athens at the time.