Hazy ‘breakthrough’ saves PM May, leaves Ireland in limbo: Brexit

With only a couple of hours sleep in the very early hours of last Friday, the British PM Theresa May boarded a RAF aircraft and landed in Brussels before dawn. Weary as she was, she rushed to Berlaymont building, the EU Commission headquarters. There she met Jean-Claude Juncker the President of the European Commission and […]

Trump: Hostile to Europe, voids Tillerson’s “ironclad” ally pledge

At the end of last week, Rex Tillerson, the US State Department Secretary was intentionally undermined by President Donald Trump. This surprise move from the White House came only hours after the former gave an “’ironclad’ promise of U.S. support to its oldest allies in Europe”. To undercut this pledge, the White House leaked information […]

EU’s unsparing question to UK: now what kind of future relations do you want?

This week, the countdown starts for Britain to offer final answers, about the three Brexit prerequisites: the divorce alimony, the future of the 4.5 million European citizens who work on the wrong side of the English Channel and the Irish border. Only then will Brussels pass to the second phase of the talks, to discuss […]

Britain offers more money for an orderly Brexit but the Irish question resurges

If last Friday’s Reuters report from Brussels is correct and Theresa May and Donald Tusk agreed to solve the Brexit dead-end in ten days, then the wild Brexiteers must have retreated  and the orderly exit side has won the first round. Tusk, the President of the European Council said in a tweet that he told […]

Do the giant banks ‘tell’ Britain to choose a good soft Brexit and ‘remain’ or else…?

It may be true that the world is tired watching Britain being completely confused about choosing the way to exit from the European Union. Yet, the almost schizo division plaguing the Brits and their political elites alike still paralyzes to this date the divorce negotiations. Countries to be most affected by Brexit like Holland are […]

A neo-liberal toll free Paradise for the super rich and tax hell for wage earners

Despite the hullaballoo in main stream media about Queen Elizabeth’s investments in tax-havens and the implication of the US Trade Secretary Wilbur Ross in a Russia related offshore firm, the shocking revelation in the Paradise Papers is that London appears as the largest money washing machine of the world. The biggest single disclosure is that […]

Brexit: UK business fear of a no-deal scenario preparing for the worst

The Confederation of British Industry annual conference which took place last Monday in London was a chance for Prime Minister Theresa May to ask for more patience from the business world. Something though that seems to have been lost as negotiations show no significant progress and time presses both sides. A survey by the Chartered […]

Fed, ECB take positions to face the next global financial crisis; the Brits uncovered

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. […]

The 27 EU leaders did nothing to help May unlock the Brexit talks

President Abraham Lincoln has said “when someone says it’s a matter of principles not money, then it’s a matter of money”. This famous saying was flagrantly confirmed last week in Brussels, when the 27 EU leaders – with Angela Merkel and Emmanuel Macron prominent amongst them – made it clear to Theresa May she has […]

Chauvinism and xenophobia will lead to global assertiveness and more wars

The immigration crisis of 2015 in Europe exposed the hollowness of the political system of the new millennium in the Old Continent, anguishing to cover the huge social cavities the economic neo-liberalism has created. Unfortunately, economic neo-liberalism didn’t lead to political liberalism, but instead to chauvinism, xenophobia and the insurgence of the extreme right wing […]

Trump’s pounding of Iran less harsh than expected, leaves arrangement open

Trump did again what he has been good at. This time he pounded the non-nuclear proliferation agreement with Iran. To be reminded, this was the P5+1 nations (US, Russia, China, Britain, France and Germany) agreement of 2015 with Iran , by which the latter country accepted to stop its nuclear program and be duly inspected […]

Britain, EU take edgy steps to unlock Brexit talks as the war of words rages

Last Monday the British Prime Minister Theresa May told the lower house of the Parliament, The Commons a no-deal Brexit is not ruled out. She clarified also that the government ‘is planning for all eventualities”, including the possibility the UK sails after Brexit as an “independent trading nation”. Then she concluded “The ball is in […]

EU-India summit: Will the EU manage to sign a free trade agreement with India before Britain?

Last Friday, the 14th EU-India summit took place in New Delhi with both sides to jointly state that trade partnership is approaching rapidly and as soon as all conditions are met. The free trade agreement negotiations have started in 2007 but have not concluded yet as there are unsolved issues related mainly to market access. […]

Brexit: The Conservative Party drives the UK and Europe to a perilous road

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 […]

Brexit: PM May must hush Boris Johnson to unlock the negotiations

Last Thursday night in Tallinn, the Estonian capital, the French President Emmanuel Macron, backed by the German Chancellor Angela Merkel, told the British Prime Minister Theresa May, there will be no change in the agenda of the Brexit talks; first the terms of the divorce will be agreed and then the future trade relations between […]

The EU stops being soft with 10 Downing Street about Brexit

After the failed successive meetings about Brexit between the European Union and the British negotiation teams, the European Commission decided to stiffen its position. Last week EU’s executive arm issued a Press Release saying, “As it was a UK’s decision to leave the EU, it’s a UK’s responsibility to propose solutions…”. One of the most […]

Brexit: Britain and the Continent fighting the battle of Waterloo again

The British Prime Minister Theresa May is amidst an agonizing effort to put together a decent package of trade deals or at least initial and relevant MOUs for the after Brexit era. The obvious reason for that is to convince the Brits and the Parliament that her country will survive after March 2019, in case […]

Brexit may finally not really happen; The Brits have second thoughts

Last Thursday the European Sting, alone amongst the English language media, announced that “At last Britain considers a super-soft Brexit”. Only hours later the British government published a policy paper envisaging the continuation of the European Union’s supervision of UK borders, even after the ‘full’ realization of Brexit. One of the two alternatives described in […]

At last Britain considers a super-soft Brexit

After more than one year, the Brexit road map has been more or less drafted between the two opposing groups of the governing Tories, the hard Brexiteers and the Bremainers. Minister for Finance, Philip Hammond, and Trade minister, Liam Fox, leaders of the Bremainers and Brexiteers respectively, jointly wrote an article published in the last […]

Brexit talks: Today the world to hear of a predictable failure

Last Monday’s events in Brussels were very characteristic of how perilously the Brits take the Brexit or more precisely how unripe they are to discuss this precarious question. When the two negotiating teams sat down for the first time to produce some tangible progress, the leader of the UK side, Brexit Secretary David Davis and […]

PM May fosters chauvinism, declares trade war on Europe

  Theresa May, the British PM seems to be so badly cornered by the dreadful reality she and her Brexiteer colleagues have driven their country into, that they have now started acting as if in a collective delusion. Reportedly, they have officially informed the business leaders of the entire UK, that the government may abandon […]

Brexit talks stalled at launch; issues with European Court’s authority in Britain

Last Monday, the British PM Theresa May directly bought for £1 + 0.5 billion the Parliamentary votes, of the ten (10) Irish aggressively Eurosceptic, extreme right-wing, ultra conservative evangelical Protestant deputies of the Democratic Unionist Party (DUP). The Tories and the DUP had to ritually sign this controversial pact, obviously because they don’t trust each […]

The EU slams Theresa May’s Brexit option; sets base for own European defense, security platform

Last week’s EU Summit in Brussels set a solid base for the frictionless functioning of the European Union of 27, minus Britain. For one thing, the UK Prime Minister Theresa May fell on a solid wall of distrust. The mainland leaders ostentatiously repelled her vague offer, about the position after the Brexit of the around […]

Brexit talks started with a London handicap and Brussels’ sternness

Last Monday’s first meeting between the British and the EU Brexit negotiations teams gave a clear indication that London has started watering down its extra hard stance.The threat of a calamitous no-deal Brexit has visibly exited from the picture. The gratuitous cheerful and smiling David Davis, the chief Brit negotiator was confronted by the visible […]

Macron has the deputies but not the people’s consent for his far reaching reforms

The French electoral system of ‘two Sundays’ has permitted Emmanuel Macron to become President, despite being the first choice of only 24.015% of the voters on the first electoral round of Sunday 23 April. Then, exactly for the same reason, his newly born party “La République en marche” (REM or LREM) is now estimated to […]

ECB intervenes to clean May’s and Schäuble’s mess

Last Thursday 8 June, on the day the Britons were punishing Theresa May for her mistakes and arrogance, the European Central Bank under Mario Draghi was preparing for a less favorable politico-economic environment and a much longer disinflationary period. Indirectly, Mario Draghi blamed the dying out inflation on the avowed neoliberals, of the kind of […]

Trump enrages the Europeans and isolates the US in G7

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 […]

Elections in Britain may reserve a surprise for May’s Tories

The easy ride for the 8 June election in Britain that Prime Minister Theresa May planned for the Tories seems to be turning sour. When same weeks ago she negatively surprised everybody in Europe by announcing early elections, public opinion polls allocated to her conservative party double ratings than Labour, 48% to 24% – not […]

China dazzles the world with her Silk Road plan to connect, Asia, Europe and Africa

More than 30 political leaders and government representatives from 110 countries participate in the Belt and Road Forum China organizes in Beijing on Sunday and Monday 14 and 15 May. The Forum extended an invitation to all the countries of the world, the international organizations and businesses and aspires to be an all inclusive global […]

Threats from mammoth banks and Brussels fuel May’s poll rates

The Theresa May brexiteer government has started feeling the heat about their choice to fight an electoral battle on a clear and loud plea, that a vote for Tories on 8 June is a vote for a hard Brexit. And mind you the closer we get to the polling date the more heated the controversy […]