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|BERLIN Preston Smith Limited Jersey , Feb. 22 (Xinhua) -- A collapse of the passport-free Schengen area would have a dramatic effect on economic growth in Europe and put the continent's prosperity in danger, a study by a German think tank showed on Monday.
Reinstatement of internal border controls within the Schengen area would push up production costs and prices, according to the Bertelsmann Foundation.
If border checks were reinstated permanently, economic costs to Germany alone would be up to 235 billion euros (about 258.89 billion U.S. dollars) between 2016 and 2025. For the European Union as a whole, the costs would amount to as much as 1.4 trillion euros over the next decade.
"If Europe's internal barriers go back up, it will put even more pressure on growth which is already weak Brandon Scherff Limited Jersey ," said Aart De Geus, chairman of the foundation.
Even in the most positive scenario, the gross domestic product (GDP) of Germany would drop by 77 billion euros, and that of the whole EU by 470 billion euros.
According to the study, longer waiting times for passport checks would lead to higher labor costs and increase of stocks in companies.
"Both of these factors would result in higher production costs and, in turn Montae Nicholson Limited Jersey , higher prices," said the think tank in a statement, warning that exports, investments and production would also take hits, resulting in less economic growth.
In place for over two decades, the 26-member Schengen area has been under tremendous pressure since last year when millions of refugees escaping wars and poverty flooded into Europe.
The endless migration influx forced a number of countries including Germany Samaje Perine Limited Jersey , Sweden and Denmark to reintroduce controls at their borders, leading to concerns that the symbol of European integration would collapse in the face of the biggest humanitarian and political challenge since the Second World War.
QINGDAO, China, Oct. 19 (Xinhua) -- China's sailors won gold medals in the RS: X Women and the Laser Radial Women at the ISAF Sailing World Cup here on Saturday.
Chen Peina, 24, scored 36 net points after 12 rounds to win the RS: X Women race. Wu Jiahui Fabian Moreau Limited Jersey , Chen's teammate, took the second place ahead of Maayan Davidovich of Israel.
Zhang Dongshuang of China ranked only 18th at the last round, but she got a 40 net points in 11 rounds to take the title of the Laser Radial Women.
Jo AlenPolly Powrie from New Zealand were crowned the champions of the 470 wowen, with Chinese sailors Feng HuiminHuang Lizhu and Fu QianLiu Liyun taking the silver and the bronze medals respectively.
Tonci Stipanovic from Croatia won the Laser Men with 23 net points.
Israeli Shahar Zubari and Lucas Damian CalabreseJuan Maria de la Fuente of Argentina took golds in RS: X Men and 470 Men respectively.
The Qingdao leg of the World Sailing Cup will be followed by the events in Melbourne, Australia; Miami, the United States; Mallorca Ryan Anderson Limited Jersey , Spain; Hyeres,
KUALA LUMPUR, March 30 (Xinhua) -- Malaysia will release the body of Kim Jong Nam to the Democratic People's Republic of Korea (DPRK) and allow its nationals to leave, after the nine stranded Malaysian citizens in DPRK were freed, Malaysian Prime Minister Najib Razak said in a statement on Thursday.
Najib said the coroner's approval to release the body came after the completion of the autopsy and receipt of a letter from Kim's family requesting the remains to be returned to the DPRK.
For the nine Malaysian citizens, all diplomats and their family members Jonathan Allen Limited Jersey , Najib said their plane took off from Pyongyang at 7:45 p.m. on Thursday and will land in Kuala Lumpur at around 5 a.m. Friday morning.
Taiwanese director Yang Ya-che's thriller "The Bold, the Corrupt, and the Beautiful" dominated the Golden Horse awards, winning the coveted best film and two acting awards on Saturday.
The chilling drama about a wealthy family entangled in deadly political and business intrigues was also voted best film by audiences.
Taiwanese director Yang Ya-che's thriller The Bold, the Corrupt, and the Beautiful won the coveted best film and two acting awards on Saturday
Hong Kong actor Kara Wai bagged the best actress gong for her role as the manipulative and calculating matriarch of the family.
"I want to thank my daughters (in the film) Vicky Chen and Wu Ke-xi. I couldn't have played the role so well without you Derrius Guice Limited Jersey ," Wai said after receiving the statuette from Oscar-winning director Ang Lee and Hollywood star Jessica Chastain.
Chen, 14, wept tears of joy after she saw off two former Golden Horse winners to collect the best supporting actress award for her performance in "The Bold, the Corrupt, and the Beautiful".
"I am very fortunate," Chen told the crowd. "I want to thank the director ... and the production crew who encouraged Da'Ron Payne Limited Jersey , supported and cared about me."
The teenager also made history as the youngest-ever best actress nominee for her role in Chinese filmmaker Vivian Qu's drama "Angels Wear White", which also competed in this year's Venice film festival.
Kara Wai won best actress yesterday
In it Chen plays a runaway who witnesses the sexual assault of two young girls and is torn between her conscience and saving her job by keeping quiet.
The film earned Qu the best directing prize at the Golden Horse ceremony Saturday.
"This is not just a story in China. This kind of story is happening around the world," Qu said.
She thanked Chen and other young actresses in the film for "giving a voice to the children who are unable to speak up for themselves".
Vicky Chen best supporting actress
- Heart-throbs empty handed -
Chinese actor Tu Men beat better-known rivals, including Taiwanese-Japanese heart-throb Takeshi Kaneshiro and former Golden Horse winner Huang Bo, to claim the best actor title.
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