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 […]Trump enrages the Europeans and isolates the US in G7
May 29, 2017 by Leave a Comment
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
May 22, 2017 by Leave a Comment
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 […]Threats from mammoth banks and Brussels fuel May’s poll rates
May 11, 2017 by Leave a Comment
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 […]Macron plans for Europe, Brexit and banks but vague on France
May 8, 2017 by Leave a Comment
Emmanuel Macron, after yesterday’s quasi formality of the second round of the election, is the new President of France, having defeated Marine Le Pen by 65% to 35%. He commands the military forces of his country, including the not at all small nuclear arsenal of France, he appoints and dismiss the prime minister and can […]China invites the EU to a joint endeavor for free trade and order in the world
April 27, 2017 by Leave a Comment
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 […]Trump to subject the Fed, challenge the ECB and make Wall St. bankers even richer
April 13, 2017 by Leave a Comment
It’s obvious by now that the European Central Bank and its President Mario Draghi are following a diametrically opposite monetary policy than the American central bank, the famous FeD. Both Draghi and ECB Vice President Vítor Constâncio have loudly reassured everybody that the Eurozone’s central bank will continue injecting €60 to €80 billion a month […]Trump’s Syrian hit the softest option vis-a-vis Russia
April 10, 2017 by Leave a Comment
All the major English language media interpreted last week’s US strike of the Syrian air base with Tomahawk missiles, as a serious geostrategic action by Donald Trump carrying messages not only to Russia, but also to North Korea and even China. Nothing is less true than that. This was the least the new US President […]Can China deal with climate change without the U.S.?
April 5, 2017 by Leave a Comment
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 […]
The US + Britain trivialize mainland Europe, NATO and the EU
March 23, 2017 by Leave a Comment
After the insults the German Chancellor Angela Merkel experienced in Washington last week, the Anglo-American duo last Tuesday orchestrated new assaults on mainland Europe. It’s not only the outrageous option of the no-deal Brexit, which gains momentum in London, possibly being encouraged by Washington. It’s also a fact that Britain and the US escalate their […]Trump asked Merkel to pay NATO arrears and cut down exports ignoring the EU
March 20, 2017 by Leave a Comment
The German Chancellor Angela Merkel returns to Berlin with a bill her country must pay to the US. The check was handed over to her personally by the American President Donald Trump last Friday at the White House. In a very clear manner he estimated what Germany owes to NATO, and indirectly to the US. […]May threatens the EU with a wild Brexit indifferent to Scotland, Northern Ireland and the City
March 16, 2017 by Leave a Comment
Late last Tuesday, Theresa May, the British Prime Minister, got the green light from the lower house of the Parliament, the Commons, to trigger and negotiate the Brexit any way she likes. The elected members of Parliament reversed a decision of the upper chamber, the unelected Lords, who had attached two conditions in the law […]The widely advertised hazards of the EU not that ominous; the sting is financial woes
March 9, 2017 by Leave a Comment
Last Monday, Deutsche Bank’s management surprised everybody quite negatively by asking its shareholders for an €8 billion capital injection. Only hours before that, the London Stock Exchange had almost terminated the long negotiated merger procedure with the Deutsche Börse, the German bourse in Frankfurt. The LSE directors rejected the terms set by the European Commission […]Trump’s Russophiles under investigation, Europe remains ‘en garde’
March 6, 2017 by Leave a Comment
Last Friday U.S. Attorney General Jeff Sessions recused himself from the ongoing FBI probe of the case of the Russian interference in the US Presidential elections favoring Donald Trump. He said “I have recused myself in the matters that deal with the Trump campaign.” Last September, the US intelligence agencies collective, in a joint paper, […]Europe eyes to replace US as China’s prime foreign partner
March 2, 2017 by Leave a Comment
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 […]Elections in Europe: No risks for the EU, leaders readying to face Trump-Brexit
February 23, 2017 by 1 Comment
Some political analysts in mainland Europe but many more in Britain and on the other side of the Atlantic Ocean in the US, have rushed to call 2017 the year that can make or break the European Union. They basically argue that the three crucial legislative elections due in Holland next month, in France in […]The four top Americans who flew to Europe perplexed things about Trump’s intentions
February 20, 2017 by Leave a Comment
Four top ranking Washington bigwigs – who flew to Munich, Brussels and Bonn to mend fences with Europe, after Donald Trump termed NATO ‘obsolete’ and rejoiced the unraveling of the EU, left the Europeans bewildered with the dangerously diverging stories they had to narrate. Only the extreme right wing, Polish Defense Minister Anton Macierewicz seemed […]Trump stumbles badly on his Russian openings; Europeans wary of Putin
February 16, 2017 by Leave a Comment
In the fourth week of the Trump Presidency things have become more hectic. Those around the boss are now people of authority, and their actions directly affect America and the world. It’s not only that the chief himself changes his mind from one day to the next about crucial global issues, like the ‘one China’ […]Will Brexit shatter the EU or is it still too early to predict?
February 15, 2017 by Leave a Comment
The president of the European Commission together with EU and German officials fear that Brexit will divide the EU after the negotiations have been concluded. Theresa May is about to trigger Article 50 of the Lisbon Treaty and begin the talks for UK’s exit once the House of Lords grants permission. In addition to the Brexit procedure, […]Why is Grexit again in the news? Who is to pay for Eurozone’s banking problems?
February 13, 2017 by Leave a Comment
Grexit, Greece’s exit from the euro area, is back in the news – for the wrong reasons. During this past week, the country’s creditors, the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund, finally agreed amongst themselves to set even tougher conditions in order to continue refinancing the […]US, Russia oblige each other in Syria and Ukraine selling off allies
February 9, 2017 by Leave a Comment
The US – Russia rapprochement, as having been set in motion by the new tenant of the White House, is to be tested first and foremost in Syria and Ukraine. Washington and Moscow support opposing sides in two catastrophic and bloody civil wars, which have claimed hundreds of thousands of lives and thrown millions of […]EU: Divided they stand on immigration and Trump hurricanes
February 6, 2017 by Leave a Comment
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 […]Europe led by Germany seems vulnerable to Trump’s threats
February 2, 2017 by Leave a Comment
Trump’s America and Europe are obviously at odds. The question is how far this division will go? Unquestionably, it’s the new tenant of the White House who fuels this unseen before confrontation between the Atlantic allies, attached by a time cherished bonding that has politically and economically shaped the world as we know it so […]Brexiteer May gets lip-service from Trump and Turkish promises from Erdogan
January 30, 2017 by Leave a Comment
The rush announcement of a fabulous trade deal with the US, which ,Teresa May, the British Prime Minister sought last week in Washington D.C., didn’t materialize. As for the much advertised ‘special relationship’ between the US and Britain, it will bear no economic meaning whatsoever, at least in the foreseeable future. The governing Brexiteers in […]Syria: A bloody tracer of Trump – Putin rapprochement
January 26, 2017 by Leave a Comment
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, […]Draghi repels Trump’s threats, rejects Schauble’s dictums
January 23, 2017 by Leave a Comment
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 […]Davos: Why the global elites couldn’t find answers this year?
January 19, 2017 by Leave a Comment
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
January 18, 2017 by Leave a Comment
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 […]Germany and Europe prepare for Trump’s America
January 16, 2017 by Leave a Comment
Germany, and more generally the EU, is now preparing in earnest to confront the groundbreaking changes in their relations with Trump’s America. Last week, both the German Chancellor Angela Merkel and her Federal minister for Finance Wolfgang Schauble, made direct and indirect statements about the policies now needed for Germany and the European Union. On […]Turkey caught in a vicious Syrian circle bringing terror and war at home
January 9, 2017 by 1 Comment
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 […]Trump to run America to the tune of his business affairs
December 15, 2016 by Leave a Comment
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 […]Turkey’s Erdogan provokes the US and the EU by serving jihadists and trading on refugees
December 1, 2016 by 3 Comments
President Recep Tayyip Erdogan of Turkey, after having declared war against the political, judiciary and civic structures of his own country, employs the same belligerent tactics in the domain of foreign policy. He now threatens to send to Europe 3 million refugees and immigrants who are stationed in Turkey. True, more than three million people, […]What will the US look like under Trump? Was his election campaign a big scam?
November 28, 2016 by Leave a Comment
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 […]COP22 addresses a strong global pledge to effectively implement the Paris Agreement
November 23, 2016 by 1 Comment
Last Friday, more than 190 countries gathered at the United Nations Climate Change Conference (COP22) and jointly pledged through an Action Proclamation to implement the Paris Agreement showing a sense of global unity on climate change. The Proclamation was a clear call for more political commitment in order to fight climate change and prevent its […]
