European investment in Texas alone exceeds all U.S. investment in China and Japan put together. |
States can be deterred by the fear of retaliation; non-state organisations cannot by deterred at all. |
One cannot have economic growth without security. |
Since creation of the E.U. a half century ago, Europe has enjoyed the longest period of peace in its history. |
The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined. |
A terrorist nuclear detonation in a western city would destroy all economic confidence. |
We can demonstrate, by our own example, how E.U. freedoms, including the freedom of nationals of other E.U. countries to come and work here, has enabled us to expand our economy. |
The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free. |
The E.U. is the world's fastest growing democratic body. |
When the E.U. and the U.S. agree, other countries follow. |
Ireland has a role to play in making the E.U. united and strong. |
The time horizon may be too long for sole reliance on market solutions - but perhaps the inventiveness of the financial services industry will prove me wrong that point! |
The E.U. has moved to combat global terrorism by instituting common European arrest and evidence warrants and creating a joint situation center to pool and analyze intelligence. |
Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion. |
The EU and the U.S. often work together to develop international standards. This is the case in fighting terrorism and transnational crime, advancing trade liberalization, and combating piracy and intellectual property violations. |
Non-proliferation will only work if all states are willing to cooperate, and that will only happen if all feel they are being treated fairly. |
But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level. |
The U.S. - E.U. economic relationship dwarfs America's economic ties with China. |
U.S. companies rely on the European market for more than half of their global foreign profits. |
Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China. |