ECB to people: Not responsible if you lose money on Bitcoin, your governments are

Last Tuesday, 13 February Mario Draghi, the President of the European Central Bank in the most solemn terms said regulating or even banning Bitcoin “it’s not the ECB’s responsibility to do that”. However, he didn’t refrain from eagerly pointing out the very risky and misty nature of the digital ‘monies’. So, when asked again if […]

Disintegrating Tories will void May’s pledge for Brexit deal in seven weeks

Last Friday, Theresa May, the British Prime Minister, said from China, where she was on official visit, that in seven weeks she will have a Brexit transition deal with the EU. Surely, nobody believes her. The reason is that her Tory governing party is so deeply split over the Brexit terms, up to the point […]

Will Qualcomm avoid Broadcom’s hostile takeover post the 1 bn euro EU antitrust fine?

The EU antitrust fine to Qualcomm comes as the latter attempts to avoid the 105 billion dollar hostile takeover by competitor Broadcom which keeps on biding higher and higher. Qualcomm seems to be in serious pressure as several fines have been imposed on the company for market dominance abuse and there are plenty of cases […]

China and China-EU Relations in the New Era

This speech was given at the College of Europe by HE Mr Zhang Ming, Ambassador of the Chinese Mission to EU, on 26 January 2018. Rector Jörg Monar, Faculty Members, Dear Students, Ladies and Gentlemen, Friends, Good morning! It is a great pleasure for me to come to the College of Europe, the cradle of […]

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 […]

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 […]

Climate change: Will COP23 be able to accelerate the implementation of the Paris agreement?

The next UN climate summit (COP23) will take place in Bonn, Germany from 6 till 17 November with everyone to await its outcome and whether it will be beneficial for the global warming adding to the Paris agreement. It is a crucial year for the climate as the US has declared to leave the Paris […]

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 […]

“The Sea is vast as it admits all rivers”, Ambassador Yang Yanyi of the Chinese Mission to EU gives her farewell address in Brussels

On Wednesday 20 September 2017 the Chinese Mission to the EU celebrated the 68th Anniversary of the Founding of the People’s Republic of China with the organisation of an excellent Reception at its premises in Brussels. This was the moment that Ambassador Yang Yanyi chose to give her final public speech as the Head of […]

China and UK relations post Brexit as EU addresses Chinese takeovers

Chinese acquisitions of European companies have attracted the attention of the EU’s largest economies, who requested from the Commission to play a more active role on deciding whether these takeovers are ‘politically driven’ or not. The president of the EC, Jean-Claude Juncker, in turn, is expected to announce plans on how to manage foreign investments […]

Trump ‘used’ G20 to side with Putin and split climate and trade packs

While protesters were dynamically trying to reach the part of Hamburg where the G20 leaders of the largest economies of the world were gathered, the most powerful politicians of the globe were reduced to the status of viewers, in the Donald Trump and Vladimir Putin spectacle of rapprochement. Trump also ‘used’ the G20 to tell […]

Europe to turn the Hamburg G20 Summit into a battlefield

This week’s G20 Summit in Hamburg, Germany is expected to become a battlefield from the very first gathering. Chancellor Angela Merkel is to attack the US President Donald Trump, about his rejection of the Paris Climate Agreement. The American will reply with a demand for ‘free and fair trade’ as he ventures it, especially for […]

Human rights in Brussels and in Beijing: a more balanced approach needed

At the last United Nations Human Rights Council meeting, which was held in Geneva earlier this month, Greece shocked the world by objecting a common EU statement regarding the condemnation of  human rights violations in China. EU diplomats were not happy about that as it was the first time that the EU did not agree […]

Trump’s denial of Paris climate agreement; the US Republicans lash out against the world

Donald Trump’s withdrawal from the UN Paris Climate Agreement is a major foreign policy step, rather difficult to understand. For one thing, the American environmental industry technologically spearheads the world in this domain. The US is a global leader in electric vehicles production, where mainstream vehicles are one of the major contributors to air pollution. […]

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 […]

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 […]

China invites the EU to a joint endeavor for free trade and order in the world

The European Union and China are to hold a summit this June, which is expected to shape their joint answer to the American protectionist and other threats. Last weekend, those threats prevented the Spring Meeting of the IMF to renew its commitment to free trade. The US Treasury Secretary Steven Mnuchin alone blocked it. Before […]

Can China deal with climate change without the U.S.?

Last Tuesday U.S. President Donald Trump signed an executive order which rejects most of the climate initiatives of Obama’s administration. The U.S. President seems to keep his pre-election promises on boosting the coal industry and does not support the fight against global warming. However, China, the second largest economy in the world, has revealed that […]

Europe eyes to replace US as China’s prime foreign partner

Last Tuesday, Rex Tillerson, the US Secretary of State, received in Washington the top Chinese diplomat Yang Jiechi , in an effort to establish a “regular high-level engagement” with China, after President Donald Trump has practically destroyed the until recently multiple channels of problem solving and interaction between the two super powers. Obviously, Tillerson felt […]

EU: Divided they stand on immigration and Trump hurricanes

The last Friday’s Malta Summit of the 28 minus 1 EU leaders, on emigration and the future of Europe, was convened amidst a steaming wider political environment within and without Europe. The Council could only agree upon on transferring another €200 million to the one of the at least two Libyan governments, that a small […]

Syria: A bloody tracer of Trump – Putin rapprochement

Despite the dreadful fact that the fighting and the bloodshed continues on many spots on the ground, the Astana agreement for a truce in Syria backed by Russia, Turkey and Iran seems to present a good chance for peace. Last Tuesday, the above three foreign powers and their proxies implicated in the Syrian civil war, […]

Davos: Why the global elites couldn’t find answers this year?

Last January, Donald Trump and Boris Johnson were not invited to Davos to present their populist, anti-systemic, anti-establishment, anti-globalization political platforms. Actually, their ‘ideology’ was exorcised from the Swiss Alps and instead, David Cameron was made the star of the three day 2016 meeting. The world’s super rich and powerful applauded his passionate speech about […]

“China will strive to enhance the performance of economic growth”, President Xi highlights from the World Economic Forum 2017 in Davos

The first day of the World Economic Forum (WEF) began with the opening plenary with Xi Jinping yesterday, President of the People’s Republic of China, monopolizing the interest of the global economic status quo convening these days at the Swiss Alps. This was the first time ever a Chinese President accepts the Davos invite and naturally all the […]

Trump to run America to the tune of his business affairs

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 […]

The COP22 is under full deployment while Donald Trump threatens openly to withdraw the US from the Paris agreement

The 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) which is taking place at the Moroccan city of Marrakech is already at its second week with the final meetings to be held under the fear that the newly elected U.S. government will step back from the Paris Agreement. It is […]

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

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. […]

What the US and the world can expect from the 8 November election?

From Beijing and Tehran to Brussels and London, and further away to Mexico City and Caracas the night of 8 November will create a landmark in contemporary world history. The results of the US election and the new occupant of the White House in Washington D.C will certainly affect the way the world turns around. […]

Can the EU afford to block China’s business openings to Europe by denying her the ‘market economy status’?

The way Wallonia, Belgium’s French speaking region approved CETA – the comprehensive economic and trade agreement between the EU and Canada – is a rather dark landmark. In the future, Europe’s trade and otherwise relations with foreign countries will be rather shaky. This was also true in the past, but now became evident for everybody […]