The US calls off globalization, targets Germany. Paris offer to Berlin comes at a cost

Last Friday, the ‘America first’ President Donald Trump repeated his threats to impose a super tariff on imports of European cars, obviously having in mind the German automotive industry. His latest menace came only hours after the European Union moderately retaliated to the US aggressive trade action, by levying additional import duties on American goods […]

Eurozone’s central bank leadership prepares for shoddier prospects

It has become commonplace to state that the European economy still doesn’t fare well after six years of recession or practical stagnation. For good reasons however in the past few days the horizon looked particularly darkened. Negative statistical evidence and meandering statements by key people are indicative of that. Inflation or rather disinflation statistics, persistently […]

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