Trump systematically upsets global order and trade: Where does this end?

The extra import tariffs Donald Trump, the ‘America first’ President, the US is to impose on steel (25%) and aluminum (10%) imports have provoked a tsunami of reactions and widespread consequences without and even within the country. The European Commission President reacted swiftly and stated the EU is to retaliate with tariffs of an equal […]

Trump’s Russian affair spills over and upsets Europe

The turmoil in the American political system, caused by President Donald Trump’s Russian affair is having spillovers in Europe. Of course, it’s not the first time that Trump and his out of control political ‘inspirations’ instigate trouble for the Old Continent and the rest of the world. This time however, the US Congress prepares new […]

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 […]

A very good morning in European markets

Despite the fact that the American Congress endorsed the agreement needed for the US to avoid the “fiscal cliff”, the dollar didn’t seem to recover and continued on its mild downward tendency with the euro, a path that started three weeks ago, with the finalisation of Greek package. In the US the agreement negotiated between […]