In polarized America, a new divide looms

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content If you’re concerned that the times we live in feel increasingly polarized, what follows might not help you feel any more relaxed. There’s yet another divide threatening to cut across the United States. […]

How three US cities are using data to end homelessness

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Homelessness is a complex issue, but one that’s possible to solve, if the success of three cities in the United States is anything to go by. Policy-makers and non-profit organizations worldwide have wrestled […]

Draghi: ECB to flood Eurozone and the world with more zero cost money; risk of drowning in cash

Last Thursday, the European Central Bank decided to start again feeding the bankers with more zero cost trillions. This was a surprise to many, because everybody thought the €2.6 trillion the ECB has already handed to banks free of charge were enough. Seemingly, Mario Draghi thinks it is not and hurried to invite the bankers […]

Traffic congestion cost the US economy nearly $87 billion in 2018

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Have you ever found yourself stuck in a traffic jam on the way to work? If you’re a driver, there’s every chance you have. Congestion is a blight on most major towns and […]

This NATO experiment used fake Facebook accounts to trick soldiers into sharing sensitive information

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Anyone with a presence online leaves a digital footprint wherever they go – fragments of information about their personal lives, their occupation, their likes and dislikes. These pieces of data may seem fairly […]

Trump’s self-centered politics unravels

Trump’s idea of governance unravels as the American President crossed the half term of his tenure. What happened last week in Hanoi, Vietnam was a characteristic catastrophe and the exposure of badly conceived and executed Trumpist politics. His much advertised initiative to win a triumph over North Korea’s Kim Jong Un ended up in total […]

The Sino-American trade conflict may be resolved soon

This newspaper for many months has been closely following the US-China trade conflict (if not at times a full trade war). The current negotiations in Washington D.C. are stuck at the same point as last summer. On August 27 our leading article said: “… Washington’s demands go beyond tariffs”. On October 18 we observed, “The […]

Fed and ECB prepare a new party for the financial sharks

At the time of trillion dollar companies and global borrowing much above the 2008 crisis levels, and after nine years of continued swelling of values in all and every western capital markets, bankers decided there cannot be turning back to normality, interest rates and debt wise. They say the thing must not be stopped from […]

EU-US trade war? EU calls for logic while Trump’s administration is a loose cannon in a dangerous lose-lose situation for global prosperity

The European Parliament (EP) voted yesterday for the kick-off of the negotiations with the US government in an attempt to eliminate the industrial goods tariffs and harmonise conformity assessment. These mandates need to be supported by the EU member states in order to bridge the current trade differences between the European Union and the United […]

Everything you need to know about the US government shutdown

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Thornton, Senior Writer , Formative Content The US is potentially facing another federal government shutdown. President Donald Trump wants $5.7 billion to fund a border wall with Mexico. The Democrats who took control of the House of Representatives […]

After globalization what? Europe’s long, straining shake-up post Davos wreckage

It’s an established fact by now that the Eurozone economy is slowing down. The International Monetary Fund cuts down the relevant growth estimate for this year to 1.6% and 1.7% for 2020. This is far below the robust 2.4% of 2017. The German economy, the largest and the more competitive country of the club, is […]

How Asia could be the winner in the US and China’s Belt and Road race

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ai Ai Wong, Chair of the Asia Pacific region, Baker McKenzie Infrastructure development has become one of the great battlegrounds of our time. The world’s three largest economies – the US, China and Japan – are actively manoeuvring for […]

Trade war or not New York bankers will have it their way

The US and China agreed to hold talks on 7-8 January in Beijing to settle their trade differences, which have already eaten into both economies and disturb the global financial universe. If they fail to agree this week, the impact will be worse. It seems things are so bad, that the US Federal Reserve Chairman […]

2019: An unpredictable, confrontational and financially ominous year

The global outlook for 2019 was already looking unpredictable and dangerously confrontational, but the firing of US Defense Secretary, the moderate retired general Jim Mattis makes it exponentially more so. During the past few months ‘America first’ President Donald Trump has dismissed all the top three reasonable American policy makers. First it was the State Department […]

Trump denies climate change existence while Paris Agreement is not fully supported by G20 ahead of COP24

The 24th United Nations Climate Change Conference (COP24) is going to kick off next week in Katowice, Poland but the US stance together with the latest draft communique from G20 is not promising and may weaken the fate of the Paris Agreement. Donald Trump seems to be questioning his own scientists who published a report […]

What the buoyant US economy means for the rest of the world

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Marco Magnani, Senior Research Fellow, Harvard Kennedy School of Government & Olivier Clavet, The Institute for Advanced International Studies at Laval University The US economy is thriving. Its GDP growth rate is above 3% – the first three […]

The German automotive industry under the Trump spell

Last week, the White House invited, or better summoned, the leaders of the German automotive industry to Washington D.C., in order to confer on the ‘problem’ of the missive imports of German cars in the US. The American President Donald Trump, in his belligerent line aggressively reshaping the American foreign trade policy with China and […]

4 ways the US can take the lead in the fight against human trafficking

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum.  Author: Troels Lund Poulsen, Minister for Employment, Denmark The US Senate recently endorsed the nomination of long-standing civil rights prosecutor, John Cotton Richmond, as new Ambassador-at-Large to Monitor and Combat Trafficking in Persons. This statutory post, created under the […]

France, Germany challenge Trump’s America on Iran and the reign of the dollar

Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]

EU-US ties to break over Iran; Democrats’ electoral win may not change it

After last Tuesday’s midterm elections in the United States, the Republicans of President Donald Trump lost the House of Representatives to the Democratic Party. The vote was turned out into a referendum for the Trump administration, and the GOP lost the full control of the two chamber Congress. From now on, the White House will […]

The Khashoggi affair: A global complot staged behind closed doors

For two weeks now practically all Western governments and media are at rooftops for the barbaric murder of Jamal Khashoggi, who was killed inside the Saudi Arabia’s Consulate in Istanbul. Very few people outside the oil Kingdom and the circles of Middle East ‘experts’ knew about the man, before he was massacred by his compatriots. […]

US-China trade war: Washington now wants control of the renminbi-yuan

The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]

Populist Eurosceptics helped by Trumpists seriously threaten the EU edifice

The confrontation between the populist Italian government and the European Union’s leadership has already left a clear trail on the European ground that permits us to project the itinerary of this conflict in the future. The Italian government is an unorthodox coalition of the extreme right wing party Lega, under its rebellious leader Matteo Salvini […]

The new North America trade deal USMCA punishes German cars

The North America Free Trade Agreement (NAFTA) is dead. Long live the new United States, Mexico, Canada Agreement (USMCA). The three North American nations will continue trading goods of a value of at least $ 1.2 trillion yearly between them. The US President Donald Trump had termed NAFTA as the worse trade deal his country […]

Security spillovers from Trump’s trade wars: China, Germany prepare for global disorder

US President Donald Trump’s aggressive trade strategy has now gone past the economic landscape and touched security issues. There are strong signs that next month’s security meeting between US and China may be cancelled. If this is the case, the two largest economies of the earth may enter uncharted waters. Until now, they have been […]

Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe

Only a few years ago, Germany’s stars of pride and accomplishment were personified and embodied in the unparalleled triumphant stories and achievements of Chancellor Angela Merkel and Deutsche Bank. They both had amazed Europe and the world, with their successes in the politico-economic universe. Until the legislative elections of September 2017, and probably sometime earlier […]

Don’t understand the US-China trade war? This metaphor could help

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ross Chainey, Digital Media Specialist, World Economic Forum US President Donald Trump has slapped 10% tariffs on about $200 billion worth of Chinese imports, intensifying a trade war that has sent shockwaves through the global economy. “Unfair policies […]

Trump aims trade offensive solely to China, renews truce with EU

US President Donald Trump’s thundering trade salvos now seem to be concentrating exclusively against China. This week’s cannonade though didn’t remain unanswered. On Monday, the Chinese Foreign Ministry spokesman, Geng Shuang, said “China will inevitably take countermeasures to resolutely protect our legitimate rights”. On Friday 7 September, the ‘America first’ ex TV celebrity aboard ‘Air […]

The Brexit factor in the US-China trade war and other conflicts

Last Friday, the American President Donald Trump aboard Air Force One threatened China with new tariffs on $267 billion of goods heading for the US markets, on top of the $200bn worth of Chinese exports Washington currently is ready to punish with extra levies. The US has already imposed extra tariffs on $50bn of Chinese […]

US cities are going to keep getting hotter

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer If you live in the northern hemisphere, you’ve probably been feeling the heat in recent weeks. While summer still has some way to go, extreme hot weather has characterized the season, with heatwaves and sweltering […]

Trump rejects Europe’s offer for zero car tariffs; he had personally tabled that idea in July

The US-Mexico trade agreement, with or without Canada on board, targets Europe aggressively. For one thing, it will make life difficult for the German car companies which produce in Mexican assembly lines and sell in the US. Last Thursday, the European Sting reported the hidden sides of the US-Mexico trade deal in an article entitled, […]

The US-Mexico trade deal a threat for others, Trump to single out China, Europe

The North American Free Trade Agreement (NAFTA) between US, Mexico and Canada is reborn. It was discarded and denounced by the American President Donald Trump since the first days of his campaign to conquer the White House, and now it returns almost undamaged, just under another name. Last Monday, after more than one year of […]

US-China trade war at point of no return: Washington’s demands go beyond tariffs

It seems the US-China trade conflict, if not full scale trade war, is entering the phase of no return. Nothing will be as before in the economic and otherwise relations between the two largest economies of the world. Washington appears ready to push its cause to the end, while Beijing still pretends not to understand […]