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 […]Europe split in confronting the US sanctions on Iran, Washington isolated
May 14, 2018 by 1 Comment
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 […]France-Germany: Divided in Europe, USA united in…Iran
May 10, 2018 by Leave a Comment
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 […]Macron and Trump press Merkel to recycle the German trade surpluses
May 7, 2018 by Leave a Comment
The divisive effect on Europe that Donald Trump’s trade war has generated, takes on new dimensions now. Only the European Sting highlighted this aspect, when the President of ‘America first’ fired the first shots, igniting the trade skirmishes. The differences, about how to respond to the US trade aggression, between the French President Emmanuel […]Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’
May 3, 2018 by Leave a Comment
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 […]“A sustainable economy, low-carbon, resource-efficient, resilient and more competitive on the global stage”, EU Commissioner Vella in a Sting Exclusive
April 20, 2018 by 2 Comments
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
April 13, 2018 by Leave a Comment
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
April 5, 2018 by Leave a Comment
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 […]Mainland Europe adopts Germanic cartel business patterns
April 2, 2018 by Leave a Comment
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 […]Trump’s trade wars: Aiming at long term gains for America
March 26, 2018 by 1 Comment
Last Friday, President Donald Trump again surprised the world by imposing new import tariffs on Chinese products of a value of $60 billion and deferring the imposition of import super levies on European Union steel and aluminum for 1st May. In the latter case he also postponed the new tariffs for another six exporting countries […]A Sting Exclusive: “Infrastructure can lay the groundwork for the Sustainable Development Goals” by Mr Fulai Sheng, UN Environment Senior Economist
March 23, 2018 by Leave a Comment
Exclusively written for The Sting by Mr Fulai Sheng, UN Environment senior economist. The opinions belong to the distinguished writer. Infrastructure’s importance is often overlooked. Similar to the circulatory and nervous systems in the human body, infrastructure underpins our economies and allow them to function. Energy, transport, telecommunications and water infrastructure provide the framework that […]Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”
March 19, 2018 by 1 Comment
The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]Trump systematically upsets global order and trade: Where does this end?
March 8, 2018 by Leave a Comment
The extra import tariffs Donald Trump, the ‘America first’ President, the US is to impose on steel (25%) and aluminum (10%) imports have provoked a tsunami of reactions and widespread consequences without and even within the country. The European Commission President reacted swiftly and stated the EU is to retaliate with tariffs of an equal […]Is Britain to sail alone in the high seas of trade wars?
March 5, 2018 by Leave a Comment
If Britain is counting on the US for a favorable bilateral trade agreement after Brexit, Donald Trump the President of ‘America first,’ rushed last Thursday to destroy that Brit dream; he announced 25% extra tariffs on steel and 10% on aluminum imports, prompting anger and retaliatory measures from America’s closest political allies, Canada and the […]A Trumpist squad shook Davos and the world
January 29, 2018 by Leave a Comment
Towards the end of last week, in Davos, a money devaluation war broke out. In the ‘magic’ Alpine mountains American Trumpist dignitaries did what was expected of them: they told the world they don’t give a damn about it…Trump himself, however, appeared a bit less Trumpist than his folk. Overall though, a US administration squad […]Fed, ECB take positions to face the next global financial crisis; the Brits uncovered
November 6, 2017 by Leave a Comment
The appointment of Jerome Powell as the next head of the US central bank, the famous Fed, is a reassurance to the financial world that the giant lenders will continue being favored by ample and very cheap money. Last Thursday, Donald Trump, the American President didn’t dare to change the cautious approach to monetary policy. […]Brexit: The Conservative Party drives the UK and Europe to a perilous road
October 9, 2017 by Leave a Comment
The Tories, the governing party of Britain is falling apart, being deeply divided about the kind of Brexit their country should pursue. It’s not the disastrous political circumstances of Prime Minister Theresa May that blocks the negotiations with the European Union, but the chaos dividing the hard Brexiteers from their colleagues preferring a smooth partition […]The EU Commission vies to screen Chinese investment in Europe
September 20, 2017 by Leave a Comment
Last week, Jean-Claude Juncker, the head of the powerful European Commission, the executive arm of the European Union, announced a plan to screen foreign investments. The idea is to hold back or even effectively block business acquisitions or other investment plans financed by third country companies, in key sectors allegedly considered to be sensitive from […]Europe to turn the Hamburg G20 Summit into a battlefield
July 3, 2017 by Leave a Comment
This week’s G20 Summit in Hamburg, Germany is expected to become a battlefield from the very first gathering. Chancellor Angela Merkel is to attack the US President Donald Trump, about his rejection of the Paris Climate Agreement. The American will reply with a demand for ‘free and fair trade’ as he ventures it, especially for […]Human rights in Brussels and in Beijing: a more balanced approach needed
June 28, 2017 by Leave a Comment
At the last United Nations Human Rights Council meeting, which was held in Geneva earlier this month, Greece shocked the world by objecting a common EU statement regarding the condemnation of human rights violations in China. EU diplomats were not happy about that as it was the first time that the EU did not agree […]19th EU-China Summit: A historical advance in the Chino-European rapprochement
June 8, 2017 by Leave a Comment
Mainstream media and the two EU Presidents (Donald Tusk of the Council and Jean-Claude Juncker of the Commission), during and after last week’s groundbreaking 19th EU-China Summit (1-2 June), focused on the joint and unreserved pledge of Europe and China to wholeheartedly uphold the Paris Climate Agreement. This was a direct reply to Donald Trump’s […]Trump enrages the Europeans and isolates the US in G7
May 29, 2017 by Leave a Comment
Last Thursday, Donald Trump, at a superb hall in the new glass and steel NATO building in Brussels, delivered an unruly speech, after having pushed aside Prime Minister Dusko Markovic of Montenegro (the related video has become viral) while walking towards the rostrum. He came out with a blatant and derogatory account aimed at 23 […]Brexiteer May gets lip-service from Trump and Turkish promises from Erdogan
January 30, 2017 by Leave a Comment
The rush announcement of a fabulous trade deal with the US, which ,Teresa May, the British Prime Minister sought last week in Washington D.C., didn’t materialize. As for the much advertised ‘special relationship’ between the US and Britain, it will bear no economic meaning whatsoever, at least in the foreseeable future. The governing Brexiteers in […]“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.
January 25, 2017 by Leave a Comment
At the third day of the World Economic Forum 2017 in Davos, the session “Taxation without Borders: A Fair Share from Multinationals” took place where tax-base erosion and profit shifting policies were discussed in view of the Panama Papers and the fact that countries lose tones of money when multinationals implement such strategies. Emerging countries […]“China will strive to enhance the performance of economic growth”, President Xi highlights from the World Economic Forum 2017 in Davos
January 18, 2017 by Leave a Comment
The first day of the World Economic Forum (WEF) began with the opening plenary with Xi Jinping yesterday, President of the People’s Republic of China, monopolizing the interest of the global economic status quo convening these days at the Swiss Alps. This was the first time ever a Chinese President accepts the Davos invite and naturally all the […]Deutsche Bank chased away from US, threatened with more fines
December 29, 2016 by Leave a Comment
The US Department of Justice settled its claims against Deutsche Bank, the biggest German lender, for packaging and selling toxic mortgage securities to uninformed customers prior to the 2008-2010 financial crisis. Initially, the Justice Department had asked for $14 billion, but it seems it settled for a fine of $7.2bn. However, this is not the […]COP22 addresses a strong global pledge to effectively implement the Paris Agreement
November 23, 2016 by 1 Comment
Last Friday, more than 190 countries gathered at the United Nations Climate Change Conference (COP22) and jointly pledged through an Action Proclamation to implement the Paris Agreement showing a sense of global unity on climate change. The Proclamation was a clear call for more political commitment in order to fight climate change and prevent its […]The COP22 is under full deployment while Donald Trump threatens openly to withdraw the US from the Paris agreement
November 16, 2016 by Leave a Comment
The 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) which is taking place at the Moroccan city of Marrakech is already at its second week with the final meetings to be held under the fear that the newly elected U.S. government will step back from the Paris Agreement. It is […]Trump’s blasting win causes uncertainty and turbulence to the global financial markets
November 11, 2016 by Leave a Comment
So Donald Trump against all odds won the US elections and will become the 45th President of the United States of America. The latter had as a result to cause severe and immediate turbulences to the world’s financial markets which experienced serious losses in the first few hours of the elections. However, Trump’s victory speech that came right after […]Will CETA be implemented after eight long years or it will be vetoed by the EU citizen?
November 2, 2016 by Leave a Comment
It was last Sunday when the EU and Canada signed the free trade agreement CETA (Comprehensive Economic and Trade Agreement), despite the protest taking place just outside the European Council’s building. This deal is meant to create more jobs and growth through stronger economic relations. However, the approval of the national parliaments in Europe and […]Who can compel Wallonia to unlock CETA, the EU-Canada free trade pack?
October 24, 2016 by 1 Comment
No, it wasn’t just the tiny Wallonia region of Belgium and its 3.6 million French speaking inhabitants who blocked CETA (Comprehensive Economic and Trade Agreement). This is an EU-Canada free trade and investment pact that took eight years to the Brussels Commission and the Canadian authorities to draft. It was also the Brexit and the […]IMF – World Bank meetings: US – Germany clash instituted, anti-globalization prospects visualized
October 10, 2016 by Leave a Comment
This year’s annual meetings of the IMF – World Bank Group in Washington D.C., which kicked off on Thursday 6 October, turned out to be an all out financial war of words between the United States and Germany. In the middle of it stands the battered Deutsche Bank. For a start, there was a confrontation […]Trailing the US-EU economic confrontation
October 6, 2016 by Leave a Comment
More than one economic pundit felt relieved learning that Eurostat, the EU statistical service last Friday estimated the September CPI inflation in Eurozone at 0.4%, the highest level in two years. Understandably, they think that the stagnating and almost deflationary euro area is leaving behind its grim past, aided by ECB’s liquidity injections of €80 […]The Americans are preparing for the next financial crisis
October 3, 2016 by Leave a Comment
Last week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, in more than one ways revealed that the American central bank prepares to confront the next financial downturn. On Wednesday, 28 September, speaking at the House Financial Services Committee in Washington D.C. , she defended the Fed’s rigorous supervision over […]
