UK - Eurozone Crisis Live

hello_10

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US/UK/West are the Potential Source of Prostitutes to India

even if prostitution is illegal in India, American and British women like Sunny Leone/Katrina Kaif may come to India now. fall of western economies have now put India on a serious threat of flow of Western prostitutes, as their prices have in the countries like Britain has now come down to half to that of before, as per the last post#119.

India needs to be very careful with the shiits US/UK type countries have done in their home, who want to make everyone a shiit like them. sending Sunny Leone type American women to India, while their domestic prices is now half than before, is nothing but a western effort to promote their Single Mother shiits to India too. US/UK, where the men are labors and women prositutes, and this is what they want to do with the rest of the world like India, which is progressing in a healthy way :facepalm:

Indians, who now number 3.18 millions, the third largest after the Chinese (4 million) and the Filipinos (3.4 million) have a median household annual income of $88,000, much higher than for all Asians ($66,000) and all US households ($49,800).

The share of unmarried mothers was much lower among Indian Americans (2.3 percent) than among all Asian Americans (15 percent) and the population overall (37 percent). :toilet:

Indian Americans top in income and education - NY Daily News | NewsCred SmartWire
 
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hello_10

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Prostitution and Poverty in the UK
AUGUST 20, 2013

Gregory Pichorowycz is a philosophy undergraduate at the University of Sheffield and Editor-at-Large of Canvas

In Britain, the recession has left many people struggling to make ends meet, but reports have shown that young people – young single mothers in particular, are feeling the worst of austerity, and many are turning to prostitution in pursuit of financial security. :facepalm:

Things are likely to get worse. In 2013-2014, a lone parent would receive on average £46.80 a year less in benefits due to governmental changes, while a couple with children would miss out on £52 a year. In 2014-2015, the projected figures are £260 less for single parents and £156 less for couples with children. In short, single parents – often the most financially vulnerable – are facing the harshest cuts in benefits.

This has led to an increase in prostitution, which has affected the industry's economy; many sex workers are reducing their charges (sometimes as much as 50 per cent) in order to beat competition from other sex workers.:toilet: :uk: This contributes to a viscous circle; more single parents – usually women, enter prostitution out of financial desperation. Due to the increase in sex workers, they need to engage in the industry more to acquire the money they need. This in turn leads to a further increase in active sex workers and a further devaluation of prostitution ad infinitum.

One thing is clear – tough policing and stricter legislation is not the solution. Ukraine's capital – Kyiv has struggled with high prostitution levels since it gained independence in 1991, after the collapse of the Soviet Union. In 2005, it introduced more rigorous legislation to try to combat the problem, to little effect. The country co-hosted the Euro 2012 football tournament with Poland and prepared itself for the explosion in sex tourism. Kyiv alone has an estimated 50,000 sex workers, twice that of the whole of Holland, despite prostitution being illegal in Ukraine and legal in Holland. And some suspect that this figure is even higher, with many young Ukrainian sex workers not wanting to come forward due to fear of shaming and imprisonment.

The only way to tackle the exploitation of young women is to tackle its root cause – poverty. To do otherwise would be like treating a disease with tissues instead of medicine. This can be achieved without reversing the entire austerity program (which no UK government is realistically likely to do).

Firstly, the government could take up Ed Miliband's living wage proposals. The introduction of this policy – providing tax incentives to companies who pay a living wage instead of a minimum wage to their employees ([£7.45 per hour outside London and £8.55 in London, compared to the £6.19 minimum wage) :toilet: would save the taxpayer £2.2bn, according to the thinktank Resolution Foundation. It would also help to minimise in-work poverty, which would help single parents make ends meet without turning to prostitution.

Another step would be to reintroduce the Education Maintenance Allowance (EMA), as many of the hardest hit are young people – this includes students. The Women's National Commission (a UK women's issues pressure group) claim the shocking statistic that "50-75% of women in prostitution entered before they were 18" and that many of these had been absent from education throughout this time. Reconsidering the £9,000 tuition fee would also help to reduce the number of students turning to the sex industry out of fear of mountainous debts. :facepalm:

Of course, this article does not intend to argue for or against sex work as a career choice. There is a persuasive case made by libertarians and some sex-positive feminists that willing engagement in prostitution is a matter of personal liberty for those involved and not the concern of third parties. Without divulging into a philosophical discussion about such liberties, it is worth mentioning the statistic that in a study on feminism and psychology, 92 per cent of sex workers said that they wanted to leave prostitution "immediately". In a different study, 74 per cent of women cited "poverty", paying "household expenses" and supporting children as a "primary motivator" for involvement in the industry. It should be clear by now that the vast majority of European sex workers are exploited out of economic desperation and are not pursuing a career that they necessarily consider legitimate, empowering or advisable – whatever one's position on such political theory.

"She was too ignorant as yet to know that the chances of her finding work unaided were practically nil; but the next four days gradually enlightened her", read the pages of A Clergyman's Daughter – George Orwell's understated and second novel. The book is an exploration of poverty in the 1930s, in which the protagonist, Dorothy, is swept away by the cruel realities of homeless men and women, some of whom become sex workers for mild reprieve.

She is bailed out by a rich relative while being "on the very verge of becoming one" – a prostitute. Unfortunately – even in the 21st century, not everybody is that lucky.

This entry was posted in Social Justice and tagged austerity, EMA, Living Wage, poverty, Prostitution. Bookmark the permalink.

Prostitution and Poverty in the UK | Left Foot Forward

Almost 90% would 'consider moving abroad' for better financial prospects

Nearly nine in 10 Britons would consider leaving the UK for a better - and wealthier - life abroad within the next five years

The current recession combined with the perception that property is cheaper overseas and job prospects better collectively accounted for nearly a third of all reasons for emigrating, according to a survey by Skyscanner.

Sam Baldwin, Skyscanner's travel editor, said: "For many people the idea of 'living the dream' abroad is very alluring. The survey revealed that our perception of life abroad is very positive – perhaps overly so – and many people come back from a holiday enamoured with their destination. Interestingly, Spain and USA were two of the most popular places even though both countries are currently suffering from their own economic problems, which suggests that the dream of moving abroad to improve financial prospects may be just that - a dream.

The dream may be more realistic if, rather than moving abroad to look for new work, you are sent abroad as part of an existing job. Around 750,000 British workers are being posted abroad on assignments with their existing employer, and a massive 84 per cent believe this is helping them to climb the corporate ladder, according to the NatWest International Personal Banking (IPB) Quality of Life Index.

They also feel they benefit from an improved lifestyle, backing up the Skyscanner research results, and the increasing use of temporary global workers means that the traditional definition of 'expat' is now being blurred, said Dave Isley, head of NatWest International Personal Banking.

He added: "The growth of the global worker has brought with it an opportunity to share knowledge and experience around the world. The great brain exchange is a fantastic concept of other economies temporarily sharing the strengths of British workers.

Almost 90% would 'consider moving abroad' for better financial prospects - Telegraph
 

hello_10

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,
=> http://defenceforumindia.com/forum/...ould-prostitution-legalised-8.html#post801536


the problem is legalizing this opens the flood gates, people who have thought about getting into it in the past and shyed away from it due to it's underground nature will now have an easier time. and more people will be encouraged to have fun, as it's legal.

But on the other hand it's already happening...so might aswell cash in and make it safe. Hard decision, just like gambling.

But I dont really see it happening, even porno websites and image hosting websites are banned from time to time, getting prostitution legalised will be a huge uphill battle. Also even if the center passes it, I can see individual states not going forward with it.

looks, as its discussed before and we have an example of UK too, as in my post #119 of the thread as below. its an "unskilled" work, which doesn't require skill and once its will get legalized, it may only reduce the prices by a big margin, and hence giving a very wrong message to the society as whole......

in the news as below, in post#119, it clearly states, how British Single Mothers are now available for hardly half prices than before, while we also have a news that ever wife of British PM have been in service for nearly 70 ponds, along with this downword trend in the prices :toilet:

=> http://defenceforumindia.com/forum/europe-russia/43996-uk-eurozone-crisis-live-8.html

A British MP's wife works as a prostitute charging 70 pounds "for oral sex without a condom followed by full sex with a condom", said a media report here.

British MP's wife found working as a sex worker

we do know, how cheap the price of even a Porn Star like Sunny Leone in india nowdays. hence, prostitution by the western women, only, in india will first defend its social structure, and at the same time it will fulfilled the requirements too, as we now find people running from western nations now days, as below too :thumb:


Ipanema beach in Rio de Janeiro. Some European immigrants work in Brazil illegally by repeatedly renewing 90-day tourist visas. Photograph: Ricardo Moraes/Reuters

Argentina opens doors to migrants, but settling elsewhere is harder :toilet:| World news | theguardian.com
 
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hello_10

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Sharp euro zone inflation drop, record joblessness add to ECB conundrum
Oct 31, 2013

(Reuters) - Euro zone inflation dropped sharply to nearly four-year lows in October and unemployment stuck at record highs in September, increasing pressure on the European Central Bank to do more to protect economic recovery.

Inflation fell to 0.7 percent year-on-year in October - the lowest reading since November 2009 - a flash estimate from the European Union's statistics office showed on Thursday. It was lower than any forecast from economists in a Reuters poll.

The inflation rate dropped below 1 percent for the first time since February 2010. Analysts had expected the inflation rate to be unchanged at 1.1 percent in October.

The ECB, which meets next Thursday, wants to keep inflation below, but close to 2 percent over the medium term. Its main refinancing rate is now already at a record low of 0.5 percent.

"We see December as the most probable timing for a 25 basis points cut in the refi rate, in tandem with another round of low staff projections for inflation, including for 2015," Ken Wattret, chief euro zone market economist at BNP Paribas said.

The 9.5 trillion euro economy of 17 countries sharing the single currency returned to growth in the second quarter but fiscal consolidation, high unemployment and weak business and consumer confidence are preventing a more robust rebound.

Adding to factors in favor of a rate cut was the strength of the euro, which has been appreciating since early September, although on the day the inflation data and increased chances of a rate cut sent to euro lower to 1.3660 against the dollar from 1.3690.

Eurostat said that costs of food, alcohol and tobacco products rose by 1.9 percent, but at the same time prices of energy fell 1.7 percent year on year.

Excludes prices of energy, food alcohol and tobacco, inflation slowed to 1.1 percent year-on-year from 1.4 percent in September, Eurostat said.


RECORD HIGH UNEMPLOYMENT

Price growth is also kept in check by record high unemployment. Eurostat previously reported that the number of people out of work fell to 12.0 percent of the workforce in August, raising hopes of a turnaround in the labor market.

But on Thursday it revised the August number up to 12.2 percent and said the rate had not changed in September.


In absolute figures, the number of people without work even increased by 60,000 in September against August to 19.447 million people. :ranger:

The global financial crisis, followed by European sovereign debt crisis wiped out hundreds of thousands of jobs over the past four years and no swift turnaround is in sight as job problems in Europe are of structural and long-term nature.

Young Europeans, aged 15-24, are the ones most affected. Youth jobless rates in European Union countries like Spain, Greece and Croatia are above 50 percent. They are below 10 percent only in Germany and Austria. :facepalm:

European Commissioner for Employment Laszlo Andor, in reaction to the September data, said the rate was unacceptably high and continued to undermine a more robust economic recovery.

The unemployment rate in Germany edged lower to 5.2 percent after being flat for three consecutive months, while the second largest economy France and third largest Italy registered a modest increase in their jobless rates in September.

European leaders made the fight against high unemployment one of key priorities.

The ECB also considers the unemployment rate unacceptably high as Europe risks losing a generation of young workers if it fails to address the problem and revive growth.

"The latest figures put a dent in hopes that the labor market may have reached a turning point," Ben May, European economist at Capital Economics said.

Sharp euro zone inflation drop, record joblessness add to ECB conundrum | Reuters
 

hello_10

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Current Policy Path Dooms the Euro-Zone

The Euro-zone is at a breaking point and, given its current economic policy path, it is unlikely to survive intact for long. Several economies including Greece, Ireland, Portugal, and Spain are mired in a deep recession and it is not at all clear when or how they will return to growth. As one can see from the table below the statistics make for grim reading. These economies are shrinking dramatically, demand is spiraling down, unemployment rates are shooting up and debt levels are in the red zone where alarm bells are ringing the loudest. Greece in particular is stuck in a severe economic depression. Since 2008, domestic demand has fallen by 25.8% and the jobless rate has tripled to 25.4%. By way of comparison, during the Great Depression domestic demand in the United States fell by 24% between 1929 and 1933 and the unemployment rate peaked at 24.8% in 1933.

The economic and social cost of the 2008/09 global recession and the subsequent imposition of austerity measures to rein in budget deficits have been profound. Buried in debt and unable to borrow to meet their financing needs from international credit markets, Greece, Ireland and Portugal have each been bailed out by the Troika (European Union/European Central Bank/International Monetary Fund). But, in return for the bailouts, the Troika has demanded a host of structural changes ranging from labour market reforms to deep cuts in government spending. These austerity measures have included across-the-board cuts to public sector wages and pensions, a reduction in welfare benefits and higher taxes.

The problem is that these measures have not only failed to shore-up confidence in financial markets but they have ended up destroying any potential for growth. As households have been forced to drastically cut back their spending, businesses have followed suit and slashed employment and investment. This, of course, is driving up the unemployment rate which further shrinks the tax base, pushes up the deficit and further adds to the level of debt. It's little wonder then that the bailout recipients have been unable to meet their debt repayment targets. :facepalm:

Despite all the efforts to stabilize the financial markets and revive the economy, what the austerity measures have achieved so far is that they have succeeded in pushing these countries into an economic depression. Moreover, the situation is getting worse. As the level of debt continues to climb, the imposition of further austerity measures will only compound the problem and deepen the pace of the contraction.

These economies are caught in a vicious circle with no escape route from the strait-jacket that they find themselves in. The fundamental problem is that they are basically uncompetitive and cannot grow their way out of the debt crisis. Moreover, being members of the currency union, they can't devalue the currency in order to restore competitiveness and boost export demand. :toilet:

These countries are unraveling, not just economically but politically and socially as well. Confidence among the electorate has been shattered and they face a stark choice: either they stay in the euro, accept the bailout conditions and cede their economic sovereignty to Brussels or they abandon the euro, re-establish their own currency, take control of their own economic destiny and face the consequences of being shut out from international markets for years. Either way it is going to be very painful.

But, there is another option. However, it would necessitate a complete policy rethink.

The top priority for the governments should be to stabilize the economy and provide a more predictable economic environment so that growth can resume. But this requires a new approach to tackling the crisis. This can be achieved by a combination of measures including, for example, imposing a moratorium on any additional austerity measures for a minimum of, say, three to five years and instigating a multi-year freeze on public sector wages and pensions. To avoid outright defaults a large scale restructuring of debt is called for. This could include a lengthening of the term structures, delaying interest rate payments and some level of debt forgiveness. On the trade front the imposition of a special tax on imports would achieve two goals. It would help boost domestic demand by redirecting spending towards the domestic economy and at the same time help to correct the balance of payments deficits that these countries are running. :thumb:

By sticking to the current austerity measures, it is difficult to see how Greece, Portugal and Spain can escape from the current Euro straightjacket. The combination of tight fiscal policy, volatility on the interest rate front, and an overvalued euro from the perspective of the southern euro-zone members has resulted in pushing Greece et al into an economic depression. Saddled with huge debt loads that continue to climb and with GDP shrinking, these economies are unable to generate enough tax revenues to service their debt. To all intents and purposes they are well past the point of debt saturation and are in effect bankrupt. :ranger:

Given these facts, it is difficult to understand why Europe's policy makers are persisting with such a doctrinaire-based policy that has clearly failed to put Europe back onto a path of steady growth. As Winston Churchill once famously noted: 'However beautiful the strategy, you should occasionally look at the results'. With a devastating economic depression that currently is spreading across the Euro-zone it is high time for Europe's policy makers to change course. The very future of the Euro-zone hangs in the balance.

Current Policy Path Dooms the Euro-Zone / Ranga Chand - International Economist and Financial Author
 
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