Draghi repels Trump’s threats, rejects Schauble’s dictums

From left to right. Vítor Constâncio, Vice-President of ECB, Mario Draghi, President of ECB, Christine Graeff, Director General Communications ECB. Draghi explained the Governing Council’s latest monetary policy decisions and answered questions from journalists at a press conference on 19 January 2017 in Frankfurt am Main. (ECB Audiovisual Services. Some rights reserved).

Mario Draghi, the President of the European Central Bank, is under mounting pressures both at home and abroad. From the other side of the Atlantic US President Donald Trump is overtly targeting a much cheaper dollar compared to euro, while at his inaugural speech he clearly praised trade protectionism by saying, “Protection will lead to […]

Turkey caught in a vicious Syrian circle bringing terror and war at home

Bilateral meeting European Union-Turkey at the G20 Summit in China. From left to right: Jean-Claude Junker, President of the European Commission, Donald Tusk, President of the European Council and Recep Tayyip Erdogan, Turkish President. Shoot location: Hangzhou – China. Shoot date: 04/09/2016. Copyright: European Union.

The Turkish government, under the iron hand of the country’s President Recep Tayyip Erdogan, felt obliged to further challenge the Americans in the troubled region of the Middle East this past week. Deputy Prime Minister Veysi Kaynak and Erdogan’s spokesman Ibrahim Kalin questioned the presence of the US led coalition forces at the key air […]

Fear casts again a cold, ugly shadow over Europe; Turkey sides with Russia

German Chancellor Angela Merkel (second from left), federal cabinet ministers and leading members of Berlin's government visited the scene at the Kaiser Wilhelm Memorial Church, where the deadly truck attack on a crowd at a Christmas market took place and laid one white rose each as a tribute to the victims of last Monday’s carnage. Foto: Bundesregierung/Kugler.

The deadly attack in a Berlin Christmas market and the assassination of the Russian ambassador in Ankara, may not be closely connected or plotted by related terrorist circles, but they aim at the same target; to terrify entire populations and block what could lead to a solution in the Syrian mess. Add to that the […]

Trump to run America to the tune of his business affairs

Trump promised the Americans higher wages and more opportunities to get to the White House. He has already failed them on both accounts and more. (Gallery Archive, from ‘The Campaign Trail with Donald J. Trump’. Donald J. Trump for President, Inc.)

In the short period after the 8 November election that brought him to the Oval Office of the White House for the next four years, President – elect Donald Trump has more or less outlined the policy mix he is going to implement as from 20 January. His choices for key government positions and his […]

What will the US look like under Trump? Was his election campaign a big scam?

Trump promised everything the Americans wanted, to win the race for the White House. Gallery Archive, from ‘The Campaign Trail with Donald J. Trump’. Donald J. Trump for President, Inc.

Everybody agrees now that the President – elect Donald Trump won the 8 November election, by promising he will take good care of the Americans who are left behind in the era of globalization and of the global financial rackets. The first signs though indicate the opposite. His choices for the top Washington jobs are […]

Trump and Brexit: After the social whys the political whereto

Gallery Archive, from ‘The Campaign Trail with Donald J. Trump’. Donald J. Trump for President, Inc.

The economic, social and political gaps between the power hubs of New York and Washington on the one hand and the American Mid-West and Southern states on the other is equal to the space dividing London from the rest of Britain. These distances probably compare to the vacuity separating earth from the moon. This is […]

Trump beats Clinton but Americans will learn the hard way that the US can’t change with an election

Gallery Archive, from ‘The Campaign Trail with Donald J. Trump’. Donald J. Trump for President, Inc.

With a large part of voters disgusted from this US Presidential race, which reached unseen before heights of bitterness, hatred, toxic recrimination and another part of Americans ready to contest the result, had Donald Trump lost the race. In the end, he achieved a landslide win and will become the next President of the USA. […]

IMF – World Bank meetings: US – Germany clash instituted, anti-globalization prospects visualized

IMF/World Bank annual meetings in Washington, U.S., October 2016. AM16 CNN Debate on the Global Economy
International Monetary Fund Managing Director Christine Lagarde (L) and German Finance Minister Wolfgang Schauble participate in a CNN Debate Seminar on Global Economy October 6, 2016 at part of the 2016 IMF/World Bank Annual Meetings in Washington, D.C. (IMF Staff Photo/Stephen Jaffe).

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 […]

What if Trump wins the November election and Renzi loses the December referendum?

Jean-Claude Juncker, President of the European Commission (on the left), received Matteo Renzi, Italian Prime Minister. Date: 28/06/2016. Location: Brussels - EC/Berlaymont. © European Union, 2016/Source: EC - Audiovisual Service/Photo: Etienne Ansotte.

After the Brexit, it became apparent that a large or probably the largest part of citizens/voters in the western world are questioning, if not strongly protesting against globalization, having felt its onerous consequences. The free movement of people, goods and capital is not any more a perceptibly good thing for the average man in the […]

The impossible end of the war in Syria

Spring 2015, Nuclear negotiations in Lausanne. From left to right: Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy, John Kerry US Secretary of State, Philip Hammond, then Brithish Foreign Minister and Sergeï Lavrov, Russian Foreign Minister. (European Council – Council of the European Union Audiovisual Services. Shoot location: Lausanne, Shoot date: 29/03/2015).

The United States and the Russian governments without the slightest remorse announced that it was with their guns the Syrians have been killing each other for the last six years. This is the translation in plain English of last weekend’s news, which is that Washington and Moscow agreed on a truce in Syria, after very […]