Does May have enough time in Parliament to table a soft Brexit deal?

The American President, last Wednesday and Thursday, after having infuriated his European allies at the NATO Summit, flew to London. Just after landing there he told the Brits that the US will not offer Britain a trade deal after Brexit, because May’s proposal for the divorce with the EU is not to his liking. In […]

10 Downing street: Another desperate attempt to unite Britain on Brexit

Once more, the British Prime Minister, Theresa May, is trying to pool together her deeply divided cabinet and country and formulate a common proposal for a Brexit deal with the EU. In the latest development, the ‘Leave’ campaign ministers and the Bremain group are reported by 10 Downing Street to have agreed on a ‘business […]

To Brexit, or not to Brexit…rather not: 10 Downing Street, London

Almost exactly two years have elapsed after the Brits voted to leave the European Union. Tomorrow, Tuesday 12 June, the elected lower House of the Parliament, the Commons, is expected to open the way for Britain to remain in EU’s customs union and the single market for an extended period of time. Most probably, Prime […]

Macron in St. Petersburg didn’t oppose Trump on Iran, in Putin’s presence

Emmanuel Macron, the French President, who has regained the European political initiative for his country, traveled to St. Petersburg, in Russia last Thursday. This was not an official state visit though. Macron just decided to participate in St. Petersburg’s annual International Economic Forum (SPIEF). A high end business delegation accompanied him. Macron met Putin only […]

America writes-off Iran, blocks Europe’s Tehran talks

While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]

Is Germany closer to Russia than the West? Nord Stream II and Iran count more

Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]

Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’

Last Sunday 29 April, Britain determinedly joined the other two major European Union powers, Germany and France in cautioning the US not to activate its super levies of 25% and 10% on imports of steel and aluminum respectively. Donald Trump, the president of ‘America first’, on 23 March had announced the imposition of the above […]

Macron crowned king of Europe in Washington D.C.; just a working meeting with Trump for Merkel

A rare service Donald Trump is currently doing for the Europeans is that he offers them a platform for important common action to be undertaken by the French President Emmanuel Macron and the German Chancellor Angela Merkel. They are both visiting the White House this week, but expect quite different reception from Trump; pompous state […]

The West cannot ignore Russia; dazed Germany sitting on the fence

After the missile attacks by the Western trio of US, Britain and France against Damascus and other positions in war torn Syria, the Russian overlords and Assad regime in that part of the world, continues pursuing their agenda, as if nothing happened. From a certain angle truly nothing has changed regarding the military and political […]

The missiles fired against Damascus, Syria divided Europe deeply

Last Friday night till the early hours of Saturday morning the US-France-Britain alliance attacked the Assad/Putin regime of Damascus, with a precipitation of missiles. Seemingly though, the hits have had a greater political impact on Europe than in Syria itself. Germany and Italy, the other two major European Union countries with strong interests in the […]

A new catastrophic phase in the Syrian carnage

At a time when Donald Trump, the US President of ‘America first’ had just urged his military to leave Syria, the gas attack in Douma, near Damascus seems to change the prospect for Washington abandoning this country to Assad, Putin, Erdogan and the Iranians. Last Saturday, more than 60 people died and about 1000 were […]

Putin becomes the ‘perfect enemy” for the West

Putin, after having won last Sunday’s presidential election in Russia with a landslide of 76.7% is now turning to the West for détente. According to Reuters, he said “had no desire for an arms race and would do everything he could to resolve differences with other countries”. Only a few days ahead of election Sunday […]

Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”

The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]

Is Britain to sail alone in the high seas of trade wars?

If Britain is counting on the US for a favorable bilateral trade agreement after Brexit, Donald Trump the President of ‘America first,’ rushed last Thursday to destroy that Brit dream; he announced 25% extra tariffs on steel and 10% on aluminum imports, prompting anger and retaliatory measures from America’s closest political allies, Canada and the […]

Germany readies to pay for the Brexit gap in EU finance

As expected, last Friday’s informal European Council of the 27 EU leaders didn’t produce any tangible result regarding its main agenda item; the future of Europe. The EU leaders just quarreled on who is to cover the hole in the budget, after Britain’s contribution ends with Brexit. In relation to this perennial question of money […]

Brexit negotiations: back to square one, tougher words, no good faith

This past week, the EU and UK  Brexit negotiators’ solemn exchanges became for the first time, really aggressive and plain. Since the beginning of September 2017, during the Michel Barnier – David Davis meetings there had being difficult moments. Nevertheless, the two chief negotiators never questioned the good faith of the other side; not any […]

Will Western Balkans respond positively to EU initiatives?

The European Commission announced yesterday its strategy regarding the perspective of EU enlargement with the Western Balkans within the next decade.  Six initiatives will be the guidelines of the EU which must be fulfilled in order to be able for these countries to complete the necessary steps for their accession process. The EU seems to […]

Trump reshapes the Middle East at the expenses of Europe

Trump’s completely unwarranted aggressiveness towards the rest of the world took a violent thrust this week. His vice President Mike Pence speaking at the Israeli parliament, the Knesset, announced a speed-up of the relocation of the US embassy to Jerusalem from Tel Aviv. The move is now to be completed before the end of next […]

What Merkel and Macron are to tell Trump in Davos?

Donald Trump, the American President, is to deliver the closing speech at this year’s World Economic Forum Annual Meeting of 23-26 January in Davos, which as usually is set in the unsullied Alpine landscape. Perhaps, he has something new to say about how America sees Europe. Most probably though, he is simply to repeat his […]

Erdogan’s Turkey in dire straits for flip flop policies in the Middle East

Last week a US federal court convicted Mehmet Hakan Atilla, an executive of Turkey’s state-owned Halkbank. This is a major financial institution of this country, controlled directly by the government. Attila found guilty on five accounts, for evading the American sanctions imposed on Iran. Most of those punitive measures were lifted in April 2015, in […]

Minority governments ‘à la mode’ in Europe but can they last long?

With the Italian elections set for 4 March and anticipated to produce a hang parliament, four out of the five bigger European countries will be in political limbo for a good part, if not for the entire new year 2018. France is the only exception in this Euro-plague of political uncertainty. In some cases the […]

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 […]