CETA at risk again: Italy says it won’t ratify EU-Canada trade deal over product protection fears

Parmesan cheese on shelves in Italy (Copyright: European Union, 2014 / Source: EC - Audiovisual Service / Photo: Daniela Giusti)

The Comprehensive Economic and Trade Agreement, simply known as CETA, may be under threat again. The shocking news came out last Friday, when Italian Deputy Prime Minister Luigi Di Maio said Italy will not ratify the European Union’s free trade agreement with Canada, which mostly took effect last year. The EU-Canada FTA, which is EU’s […]

A Sting Exclusive: “EU’s Sustainable Finance Action Plan – Laying down the foundations for a Greener Financial System”, by European Commission’s Vice-President Dombrovskis

Mr Dombrovskis’ exclusive piece is another precious response to the United Nations Under-Secretary-General Erik Solheim’s cutting-edge article on renewable energy investment and Sustainable Finance, exclusively written for The Sting. European Commissioner Vella had initially replied to the Head of UN Environment with his own insightful article on Sustainable Finance. These world-shaping articles constitute the most consequential High Level dialogue in European media […]

Trump goes ahead with plan to undo globalization; targets China and EU

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

EU adopts retaliative measures in response to US steel and aluminum tariffs

This story is brought to you in association with the European Commission This is a European Commission release Brussels, 20 June 2018 The European Commission adopted today the regulation putting in place the EU’s rebalancing measures in response to the US tariffs on steel and aluminium. The measures will immediately target a list of products […]

Cutting money transfer fees could unlock $15bn for developing countries. Here’s how

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alan Safahi, CEO, ZED Network The turn of the century marked a period of rapid migration: the total number of international migrants has increased by 60% since 2000. With more than 250 million immigrants and migrant workers […]

Draghi to hold on zero interest rates until he leaves ECB

The announcement of the end of the monthly money injections into Eurozone by Mario Draghi, the President of the European Central Bank was not received in the capital markets as a hawkish toughening of monetary policy, as it theoretically should have been. The reasons are many. On the contrary, the euro lost more ground with […]

Commerce is on the cusp of radical change. Is your organization ready?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Anna Sofia Martin, Editorial director, sparks & honey Activities traditionally associated with commerce are being disrupted and transformed by innovations that will redefine how we produce, distribute, market and consume products and services. Our analysis points to a […]

Germany takes cover from Trump in Eurozone and decides to pay for it

Nobody in Germany doubts it any more that Donald Trump’s America is not a friendly country and market any more, or a guarantor of European security, as was the case for the last 70 years after WWII. To ward off any confusion about that, the German ambassador to the US made a clear statement. Peter […]

At last Germany to negotiate the costs for a really cohesive Eurozone

Finally, Germany blinked. Chancellor Angela Merkel at last decided  to clearly respond and, up to a certain degree, uphold French President Emmanuel Macron’s ideas, about reforming the Eurozone, in order not only to save it from unraveling, but, if  possibe, to make it more cohesive and stronger. In an interview to last Sunday’s issue of […]

US-EU trade war: Berlin fearful of the second round

Finally, Trump did it. He declared war against his country’s closest and more loyal allies Canada, the European Union and Mexico. In the case of the EU though, things may be more complicated than the super tariffs on steel and aluminum products of 25% and 10% respectively, imposed as from 1 June by the US […]

Capitalism’s greatest weakness? It confuses price with value

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Mariana Mazzucato, Professor in the Economics of Innovation and Public Value, University College London (UCL) The global financial crisis, which began in 2008 and whose repercussions will continue to echo round the world for years to come, has triggered […]

Two days left until General Data Protection Regulation (GDPR), lots of newsletter opt-outs but does the EU citizen really know?

Just two days left now before the General Data Protection Regulation (GDPR) is fully implemented changing the way companies manage the data of EU citizens globally. A regulation which is much stricter that the current ones is meant to give greater protection rights to individuals from the Old Continent showing that the EU is a […]

Banks must take bold action to fight climate change. This is how they can do it

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Sonia Hierzig, Project Manager – Banking, ShareAction Banks are exposed to a number of climate-related risks through the diverse range of sectors they finance. Across the world, they continue to fund high-carbon industries, thus enabling a range of […]

Is Germany closer to Russia than the West? Nord Stream II and Iran count more

Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]

How Europe beat the financial crisis – and the risks it still faces

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Kalin Anev Janse, Secretary General, European Stability Mechanism (ESM) Ten years after the financial crisis, what is the most important news for me, coming from the other side of the channel? It is that Europe is booming – […]

Draghi joined Macron in telling Germany how Eurozone must be reformed

Mario Draghi the President of ECB, speaking at the European University Institute in Florence, on 11 May 2018, must have been under the influence of the idealistic aura of this Florentine learning institution. He went as far as proposing political policies, bravely overstepping his role as central banker of Eurozone. Draghi asked for an effective […]

The great challenge of the 21st century is learning to consume less. This is how we can do it

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Jason Hickel, Anthropologist, London School of Economics Ecological collapse is hard to miss in the headlines. From deforestation to soil depletion, species extinction to climate change, the past few years have brought countless troubling reports. We are living […]

Europe split in confronting the US sanctions on Iran, Washington isolated

Donald Trump, the ‘America First’ President in withdrawing from the Iranian nuclear non-proliferation deal, doesn’t seem to be honoring his lead electoral motto. It seems that he is serving more the interests of Saudi Arabia and to a lesser extent of Israel. Riyadh has much at stake in its inimical interaction with Iran. Israel on […]

What cryptocurrencies will do to the integrity of politics

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Catalina Uribe Burcher, Senior Programme Officer, International IDEA Cryptocurrencies are one step closer to becoming a regular trading commodity. Recently, Coinbase (one of the largest platforms to trade digital currencies) launched the ‘Dow’ of cryptocurrencies, an index fund […]

France-Germany: Divided in Europe, USA united in…Iran

Last Tuesday afternoon the President of ‘America first’ Donald Trump withdrew the US from the Nuclear non-Proliferation Agreement with Iran. The deal is known as P5+1 and was co-signed by the US, France, Britain, Germany, Russia and China. There is no information regarding when the US is to re-introduce its economic sanctions against Iran, and […]

Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’

Last Sunday 29 April, Britain determinedly joined the other two major European Union powers, Germany and France in cautioning the US not to activate its super levies of 25% and 10% on imports of steel and aluminum respectively. Donald Trump, the president of ‘America first’, on 23 March had announced the imposition of the above […]

The ECB must extend its money stimulus beyond 2018: Draghi reckoning

Last Thursday, 26 April Mario Draghi, tactfully left it to be understood that Eurozone may not any more grow so fast as we all knew it was doing until recently, and, consequently, the inflation goal of close to 2% may not be achievable. He communicated that by not repeating what he had said on 8 […]

Germany resists Macron’s plan for closer and more cohesive Eurozone; Paris and Berlin at odds

Last week, surprising everybody, Francois Villeroy de Galhau, Governor of the Bank of France and member of European Central Bank’s Governing Council said that the decision to stop ECB’s extraordinarily accommodating monetary measures this year, is premature. So, according to him, the central bank must continue applying its extra relaxed measures well beyond this year. […]

“A sustainable economy, low-carbon, resource-efficient, resilient and more competitive on the global stage”, EU Commissioner Vella in a Sting Exclusive

EU Commissioner Vella’s exclusive opinion editorial is published in response to the United Nations Under-Secretary-General Erik Solheim’s cutting-edge article on renewable energy investment and sustainable finance exclusively published at The Sting on 13 April 2018. The opinions expressed in this Sting Exclusive belong to the EU Commissioner. Environmental risks to the economy cannot be ignored. The […]

“The markets have moved on renewables, policy makers must keep up”, A Sting Exclusive by Erik Solheim, Head of UN Environment

This article was exclusively written for The European Sting by Mr. Erik Solheim, Executive Director of the United Nations Environment. The opinions expressed in this article belong to the distinguished writer. Just in case there was ever any doubt, it’s now crystal clear that clean, renewable energy is the future. The latest data shows a […]

Banking on sunshine: world added far more solar than fossil fuel power generating capacity in 2017

Endorsed content China leads with more than half of world’s new solar capacity Global solar investment jumps 18 percent to $160.8 billion Cumulative renewable energy investment since 2004: $2.9 trillion  Frankfurt/Nairobi, 5 April 2018 – Solar energy dominated global investment in new power generation like never before in 2017. The world installed a record 98 […]

Is the advent of nationalism to destroy economic neo-liberalism?

All major stock exchanges suffered severe losses on the first day of this week not because Tesla and facebook stocks are falling, or even because the Chinese announced on Sunday night their retaliative import tariffs of 15% to 25% on 128 US products; all that was known and probably discounted for during the past few […]

Mainland Europe adopts Germanic cartel business patterns

As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]

The EU clears Bayer-Monsanto merger amid wide competition and environmental concerns

Bayer’s cross at night (Copyright: Bayer AG)

Last week, the European Union formally gave its approval to Germany multinational company Bayer’s $62.5 billion acquisition of US-based Monsanto. Bayer AG, leader in the chemical and pharmaceutical industry, got one step closer to take over the world’s largest seed company, after agreeing to bolster BASF SE by selling to it seeds, pesticides and digital […]