EU elections 2019: Trump’s share in the support of populism

It was last Monday when the US President Donald Trump met the Hungarian Prime Minister Viktor Orbán at the White House. Both leaders had the beautiful chance to praise each other at a gathering which lasted less than an hour. Only a few days ahead of the EU elections, the US President clearly shows his […]

Trump wants to implicate China in US attacks against global order

Global trade prospects and order is in the hands of a New York bankrupt realtor who is addicted to risk. He doesn’t care if his moves in the trade negotiations harm his own country, as long as the spectators applaud. On Thursday 9 May the American President Donald Trump didn’t hesitate to hike import tariffs […]

The world condemned by neo-liberals to feed trillions to banks: the New Deal exorcised

One after the other, all the major central banks of the world follow the regrettable example of the Fed and the ECB in reversing their efforts to contain the greed of the financial mammoths. The American central bank, the Fed, and the European Central Bank will continue feeding the giant financial conglomerates with $4.5 trillion […]

The EU’s trading partners: US, China and the rest

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content One-third of all EU trade last year was with the US and China. Combined, EU countries conducted €674 bn ($750 bn) worth of trade with the US in 2018. Import and export deals with China […]

US-EU trade negotiations: pointless tariffs against real economic growth

The European Council approved last Monday the European Commission’s proposals authorizing the latter to start negotiating with the US in order to eliminate industrial goods tariffs and reach an agreement on conformity assessment. Most of the member states were in favour of the commencement of the bilateral trade negotiations except for France. However, the fact […]

3 charts to help you understand the American shale boom

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 The US will drive global oil supply growth over the next five years, overtaking Russia and challenging Saudi Arabia as the world’s leading oil producer according to the International Energy Agency’s 2019 oil […]

In the United States, there aren’t enough hours in the week to make rent

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Knowledge Networks and Analysis, World Economic Forum & Andrew Berkley, Data Science and Analysis Specialist, Strategic Intelligence, World Economic Forum The mayor of Brisbane, a small city squeezed between San Francisco and Silicon Valley, shares […]

How the United States is falling in love with secondhand clothes

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sebastian Ko, Co-founder/COO, DHB Global One person’s trash can be another’s treasure, as the saying goes. And now one of the fashion industry’s fastest-growing sectors is helping prove that point. The secondhand clothes market in the United States has […]

The financial world upside-down: debt failure closer

A round $10 trillion worth of bonds are currently being traded in world markets on negative interest rates. At the same time, the European Central Bank prepares to flood the Eurozone and the banking world with hundreds of billions of zero interest rate euros, in an abrupt change of monetary policy course from restrictive to […]

EU Copyright Directive: Will US tech giants comply or ditch the EU market?

The Members of the European Parliament (MEPs) approved yesterday the new Copyright Directive by 348 votes in favour, 274 against and 36 abstentions. Should the member states accept this vote, the reforms will be effective immediately and EU countries will have two years to implement them. The copyright changes will affect mainly big online platforms […]

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 […]