The G7 yearly summits are supposed to strengthen the unity of the world’s wealthiest democracies vis-à-vis the rest of the world. Not anymore, many say, but this time there is one important exception: Iran. The leaders of France, Britain, Germany, Italy, Canada, Japan and of course the US, met during the weekend in the coastal […]G7: A serious setback hardly avoided in iconic Biarritz
August 26, 2019 by 1 Comment
The G7 yearly summits are supposed to strengthen the unity of the world’s wealthiest democracies vis-à-vis the rest of the world. Not anymore, many say, but this time there is one important exception: Iran. The leaders of France, Britain, Germany, Italy, Canada, Japan and of course the US, met during the weekend in the coastal […]6 facts to know about EU alternative investment funds
August 13, 2019 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Steffen Kern, Chief Economist, ESMA Have you ever wondered what financial market regulators were doing with all the market data they started to collect in the wake of the financial crisis? Here’s a great example of something that has […]The US starts an intense currency war to protect its global standing
August 12, 2019 by 1 Comment
One month ago this newspaper’s title was: “Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war”. Since then, the American President intensified his attacks on money parities, mainly against China. At the same time, he continues pressing the American central bank, the Fed, for not taking tough measures to actually […]Illicit trade endangers the environment, the law and the SDGs. We need a global response
July 22, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) & Jeffrey HardyDirector-General, Transnational Alliance to Combat Illicit Trade A dark side to globalization has been the alarming emergence of illicit trade, […]5 ways to boost sustainable trade in the world’s poorest countries
July 9, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization & Fabrice Lehmann, Guest Editor, Trade for Development News , Enhanced Integrated Framework The World Trade Organization’s (WTO) Aid for Trade initiative is […]How the North Korea-U.S. detente is a leveling of the playing field
July 8, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Syed Munir Khasru, Chairman, Institute for Policy, Advocacy and Governance After a bleak and unfinished ending to the Hanoi summit earlier this year, Donald Trump made a historic walk on June 30 as the first sitting US president to […]Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war
July 4, 2019 by Leave a Comment
Last week’s G20 meeting in Osaka confirmed that the forum’s commonly shared concern about our future on the planet is definitively a thing of the past. Last week, the cacophony at the table of the 20 heads of the largest countries of the world – which first appeared last December in Buenos Aires – became […]How to make trade single windows more efficient with blockchain
July 2, 2019 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alejandra Radl, Integration and Trade Specialist, Inter-American Development Bank, Fellow, Digital Trade, World Economic Forum & Jesse Lin, Project Specialist, Digital Trade, World Economic Forum International trade is of critical importance for economic and social development worldwide. A major […]Resiliency is the key to strong investments in a chaotic world
July 1, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Perhaps it’s ironic, but as the severity of issues such as climate change, deforestation and declining water quality increases, so does our ability to apply emerging technologies to help address them. That’s good, […]This is how much the US-China trade war could cost the world, according to new research
June 29, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content The US-China trade war does not appear to be edging closer to a resolution. Both sides have failed to find a compromise so far, while rising tariffs have been jolting financial markets. And as the […]Who is to pay for Trump’s trade war against China?
June 13, 2019 by 1 Comment
The US President Donald Trump and the big American tech companies have raised the stakes this week in the ongoing Pacific war. Japanese and South Korean tech giants have also joined the Americans in black listing Huawei and other Chinese companies in an all out war against China. As expected, Japan supports the US policy […]Trump in London poisons UK and Europe
June 6, 2019 by Leave a Comment
The unbelievable American President, while on a full state visit to Britain, didn’t hesitate to target the British crown jewel which is the country’s health system, the National Health Service. Trump plainly said he wants Britain out of the European Union, in order to open the NHS budget for the American health contractors to scavenge. […]Trump’s America divides the world, bullies China and Europe
June 3, 2019 by 1 Comment
The American administration in concerted action at the end of last week told everybody, how they want the world to function, singling out foes and friends. Leading members of the Trump executives attacked China, Germany and the EU. Washington, probably, senses that those global entities are able to withstand and effectively counter the wider American […]Trump wants to implicate China in US attacks against global order
May 13, 2019 by 1 Comment
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 EU’s trading partners: US, China and the rest
April 30, 2019 by Leave a Comment
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
April 17, 2019 by 1 Comment
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 […]“We need to accelerate our negotiation on the China-EU Investment Treaty”, Chinese Premier Li Keqiang highlights from the 21st EU-China summit in Brussels
April 10, 2019 by Leave a Comment
The presidents of the European Commission and EU Council welcomed the Chinese Premier Li Keqiang yesterday at the 21st EU-China summit in Brussels where the two sides acknowledged their Comprehensive Strategic Partnership. EU and China agreed to a joint statement confirming their strategic intent and efforts for a more resilient cooperation in the framework of […]US and China in painstaking efforts to conclude trade talks
April 8, 2019 by 2 Comments
China and the United States are working hard to achieve a trade deal, badly needed for both the two largest economies of the globe as well as for the rest of the world. During the past months of negotiations between the two giants, progress or confrontation in the dealings have been strongly – positively or […]UK: Customs Union with EU or a longer delay of Brexit
April 1, 2019 by Leave a Comment
Last week, the UK Parliament, the Commons, before rejecting PM Theresa May’s deal with large majority for a third time, had also voted down all eight alternative exit options, ranging from a wild divorce to no exit at all. So far, the legislative has agreed only on delaying the exit. Now, the Prime Minister says […]EU and China in search of a win-win agreement through strategic cooperation ahead of the EU-China summit
March 20, 2019 by Leave a Comment
High Representative for Foreign Affairs and Security Policy Federica Mogherini together with the 28 EU Foreign Ministers met Chinese Foreign Minister Wang Yi last Monday to discuss the agenda of the EU-China Strategic Dialogue. During the meeting, both parties had the opportunity to enhance and promote their mutual cooperation on several international topics. Both sides […]Why protectionism spells trouble for global economic growth
March 14, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jonathan D. Ostry, Deputy Director, International Monetary Fund (IMF) It is sometimes alleged that for all the microeconomic distortions that protectionist policies inflict, there can be a silver lining in terms of macroeconomic gains: more jobs, more output and […]A Sting Exclusive: “Digital iron curtain makes no sense in 5G era”, by China’s Ambassador to EU Mr. Zhang Ming
February 26, 2019 by Leave a Comment
This article was exclusively written and published first at The European Sting by the Ambassador Extraordinary and Plenipotentiary and Head of Mission of the People’s Republic of China to the European Union, Mr Zhang Ming. The opinions expressed in this article belong to the distinguished writer. Recently, 5G technology and its security have been on everyone’s lips in […]The Sino-American trade conflict may be resolved soon
February 25, 2019 by Leave a Comment
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 […]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
February 20, 2019 by Leave a Comment
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 […]A digital tax sounds like a great idea. Here’s why it might not be universally popular
February 10, 2019 by Leave a Comment
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 One of the most taxing of all the unintended consequences prompted by the rise of the digital economy has been the question of taxing the large, multinational firms that dominate the sector. But […]After globalization what? Europe’s long, straining shake-up post Davos wreckage
January 28, 2019 by Leave a Comment
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 […]Brexit: Only Corbyn and May in concert can make the needed compromises
January 21, 2019 by Leave a Comment
A small group of British Tory MPs numbering around 120 representatives are decisively planning to send Britain to the cliff in a no-deal Brexit. Before last Xmas, they triggered an intraparty procedure to oust Prime Minister Theresa May from the party Presidency and consequently drive her out from 10 Downing Street. They were in minority […]Trade war or not New York bankers will have it their way
January 7, 2019 by 1 Comment
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 […]Britain in chaos: May stays as Tory leader and PM but none can defuse the Brexit time bomb
December 13, 2018 by Leave a Comment
Yesterday night the embattled British Prime Minister and President of the Conservative Party, Theresa May, won an intraparty no confidence vote. This was a Tory party internal procedure, triggered by members of her own parliamentary group. In the final result 200 Conservative MPs voted for May and 117 against her. In this way, she secures […]The China-US trade deal will be signed on time; the path is set
December 6, 2018 by Leave a Comment
The China-US trade truce agreed upon by the US President Donald Trump and his Chinese counterpart Xi Jinping has just prolonged the uncertainties haunting all and every world market. Stock exchanges on Monday went up and then on Tuesday fell on the news. The respite was struck last Saturday between the two leaders, in the […]The German automotive industry under the Trump spell
November 26, 2018 by Leave a Comment
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 […]France, Germany challenge Trump’s America on Iran and the reign of the dollar
November 22, 2018 by Leave a Comment
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 […]Europe’s poor investment in digital is threatening prosperity. Here’s what its start-ups need
November 16, 2018 by Leave a Comment
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Authors: Felix Staeritz, Founding Partner and CEO, Michael Stephanblome, Founding Partner and CSO and Andreas von Oettingen Founding Partner and CTO, FACTOR10 Europe is one of the biggest economic regions in the world. The European Union’s impressive $17 trillion […]
