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State of the Union 2017: Juncker’s optimism about EU growth and Brexit’s impact

September 21, 2017 by Chris Anyfantis Leave a Comment

It was last Wednesday when the president of the European Commission made his annual State speech address to the European Parliament pointing out the top priorities for the next year. Jean-Claude Juncker expressed his optimism for the boosting of the EU economy, trade, investment, cybersecurity, industry and democracy. The president of the EC respected the […]

Filed Under: Economy, Policy, politcs, Politics, President of the European Commission, Regional, Trade Tagged With: Australia, Brexit, Canada, Emmanuelle Macron, EU, European Commission, European Investment Plan, European Parliament, France, Geert Wilders, growth, Japan, Jean-Claude Juncker, migration, New Zealand, Nigel Farage, Poland, Slovakia, State of the Union 2017, The Netherlands, Turkey, UK, unemployment

Brexit: Britain and the Continent fighting the battle of Waterloo again

September 7, 2017 by Dennis Kefalakos Leave a Comment

The British Prime Minister Theresa May is amidst an agonizing effort to put together a decent package of trade deals or at least initial and relevant MOUs for the after Brexit era. The obvious reason for that is to convince the Brits and the Parliament that her country will survive after March 2019, in case […]

Filed Under: Policy, Politics Tagged With: 10 Downing Street, Australia, Battle of Waterloo, Berlin, Brexit, Brexiteers, Britain, Brussels, Canada, Customs Union, Donald Trump, EU internal market, exporting countries, exports, foreign trade, France, free trade, Germany, globalization, International Trade, Japan, Paris, protectionism, Shinzo Abe, Theresa May, Tokyo, trade deals, trade protectionism, UK, US

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

July 10, 2017 by Dennis Kefalakos Leave a Comment

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 […]

Filed Under: China, EUGlobe, Policy, Russia, USA Tagged With: American First Lady, American President, Argentina, Australia, Berlin, Brazil, Canada, China, Donald Trump, European Union, FBI, France, G20, Germany, Hamburg, House of Representatives, independent investigator of the Department of Justice, India, Indonesia, Italy, Ivanka Trump, Japan, Kremlin, Melania Trump, Mexico, Moscow, Rex Tillerson, Robert Mueller, Russia, Russian Minister of Foreign Affairs, Saudi Arabia, Sergei Lavrov, South Africa, South Korea, Turkey, United Kingdom, United States of America, US Foreign Secretery, US President, US Senate, Vladimir Putin, Washington

Europe to turn the Hamburg G20 Summit into a battlefield

July 3, 2017 by Dennis Kefalakos Leave a Comment

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 […]

Filed Under: China, Economy, EUGlobe, Policy, Politics, USA, World Tagged With: America, Angela Merkel, Argentina, Australia, Beijing, Berlin, Brazil, Brussels, Canada, China, Chinese President, Donald Trump, Donald Tusk, Emmanuel Macron, European Commission, European Council, France, free trade, French President, German Chancellor, Germany, Hamburg, Holland, India, Indonesia, Italy, Japan, Mark Rutte, Mexico, Paris, Paris Climate Agreement, Recep Tayyip Erdogan, Republic of Korea, Russia, Saudi Arabia, South Africa, steel, steel and steel products, steel products, the United Kingdom, the United States, Turkey, US, Washington, Xi Jinping

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

June 5, 2017 by Dennis Kefalakos Leave a Comment

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. […]

Filed Under: Environment, EUGlobe, Policy, USA Tagged With: Amazon, Apple, China, Donald Trump, Dow Chemical, EU, European Union, ExxonMobil, Facebook, FBI, France, G20, G7, General Electric, Germany, Google, IBM, Italy, Japan, Mitch McConnell, neoliberals, Pittsburgh, Robert Muller, Tesla, the World Trade Organization, Uber, UN, US, US President, US Republicans, US Senate, Washington, White House

Trump enrages the Europeans and isolates the US in G7

May 29, 2017 by Dennis Kefalakos 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 […]

Filed Under: Economy, EUGlobe, Policy, Politics, Russia, USA, World Tagged With: America, Beussels, Britain, Canada, Chancellor Angela Merkel, China, Donald Trump, EU, Europe, European Union, France, Germany, Italy, Japan, Mafia, Montenegro, Moscow, NATO, New York, New Yorker, PM Justin Trudeau, PM Paolo Gentiloni, PM Sinzō Abe, PM Theresa May, President Emmanuel Macron, Putin, Russia, Sicily, Taormina, the Whte House, US, Washington

Who can compel Wallonia to unlock CETA, the EU-Canada free trade pack?

October 24, 2016 by Dennis Kefalakos 1 Comment

No, it wasn’t just the tiny Wallonia region of Belgium and its 3.6 million French speaking inhabitants who blocked CETA (Comprehensive Economic and Trade Agreement). This is an EU-Canada free trade and investment pact that took eight years to the Brussels Commission and the Canadian authorities to draft. It was also the Brexit and the […]

Filed Under: Economy, EUGlobe, Policy, Trade, USA, World Tagged With: Angela Merkel, Australia, Belgium, Brunei, Brussels, Canada, Canadian Minister of Trade, CETA, Chile, Chrystia Freeland, Comprehensive Economic and Trade Agreement, Donald Trump, European Commission, European Parliament, France, Francois Hollande, free trade agreements, Germany, Hillary Clinton, Japan, Malaysia, Martin Schulz, Mexico, multinationals, NAFTA, New Zealand, Peru, President of European Parliament., Presidential elections, Singapore, Trans-Pacific Partnership, US, Vietnam, Wallonia, Wallons

Mario Draghi didn’t do it but Kim Jong-un did

September 12, 2016 by Dennis Kefalakos Leave a Comment

Last Thursday, Mario Draghi, the President of the European Central Bank, was unable to move the capital and money markets with his customary monetary policy Press conference in Frankfurt am Main. On the contrary, North Korea’s leader Kim Jong-un, a global castoff, did it the next day just by pressing a button. However, it took […]

Filed Under: Economy, EUGlobe, Eurozone, Korea, Markets, Policy, Politics Tagged With: Berlin, bombs, capital markets, Dow Jones, ECB, ECB Governing Council, ECB governor, euro area, European Central Bank, Eurozone, Frankfurt am Main, Germany, interest rates, Japan, kilotons, Kim Jong-un, Mario Draghi, markets, monetary policy, money markets, Nasdaq Composite, New York, North Europe, North Korea, North Korea despot, nuclear bombs, Pyongyang, S&P, south Europe, South Korea, stagnation, stock markets, strategic missiles, US, Wall Street

Are the G20 leaders ready to curb corporate tax-avoidance?

September 8, 2016 by Dennis Kefalakos Leave a Comment

Last Monday, the G20 meeting in Hangzhou – the capital of China’s eastern Zhejiang province – the first gathering of the 20 world leaders to be held in the vast country, was not marked by the determination to face up to economic misery and the pitiless wars in Syria, Libya, South Soudan, Yemen, Mali and […]

Filed Under: China, Economy, EUGlobe, Policy, USA, World Tagged With: 8 November, Australia, Barack Obama, Brunei, Canada, Chile, China, corporate taxation, Donald Trump, Francois Hollande, G20, global economy, growth, Hangzhou, Hillary Clinton, Japan, Malaysia, Mexico, Michel Sapin, New Zealand, OECD, Omnicom, Peru, President of the People's Republic of China, Publicis, Singapore, Tax avoidance, taxation, TPP, trade agreement, Trans-Pacific Partnership, US, US Congress, Vietnam, Washington, White House, Xi Jinping

Eurozone’s central bank leadership prepares for shoddier prospects

May 4, 2016 by Dennis Kefalakos Leave a Comment

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 […]

Filed Under: Economy, Eurozone, Policy Tagged With: bankers, banks, deflation, disinflation, ECB, Employment, EU, euro, euro area, European Central Bank, Eurozone, extreme right wing, growth, inflation, interest rate, Japan, jobs, Mario Draghi, monetary policy, money, quantitative easing, recession, Sabine Lautenschlaeger, stagnation, unemployment

Press statement by Pierre Moscovici, Member of the EC
Date: 12/07/2017 Location: Brussels - EC/Berlaymont
© European Union , 2017. Source: EC - Audiovisual Service. Photo: Jennifer Jacquemart

Press statement by Pierre Moscovici, Member of the EC Date: 12/07/2017 Location: Brussels – EC/Berlaymont © European Union , 2017. Source: EC – Audiovisual Service. Photo: Jennifer Jacquemart

Press conference by Dimitris Avramopoulos, Member of the EC, on migration
Date: 12/07/2017 Location: Brussels - EC/Berlaymont
© European Union , 2017 / Source: EC - Audiovisual Service Photo: Jennifer Jacquemart

Press conference by Dimitris Avramopoulos, Member of the EC, on migration Date: 12/07/2017 Location: Brussels – EC/Berlaymont © European Union , 2017 / Source: EC – Audiovisual Service Photo: Jennifer Jacquemart

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Sabine Lautenschläger (on the left). Member of the ECB's Executive Board. Vice-Chair of the Supervisory Board of the Single Supervisory Mechanism. Annual banking supervision press conference - 27 March 2017. (ECB work, Some rights reserved).

Sabine Lautenschläger (on the left). Member of the ECB’s Executive Board. Vice-Chair of the Supervisory Board of the Single Supervisory Mechanism. Annual banking supervision press conference – 27 March 2017. (ECB work, Some rights reserved).

Jean-Claude Juncker, Li Keqiang, Donald Tusk
Date: 02/06/2017
© European Union, 2017
Source: EC - Audiovisual Service

Jean-Claude Juncker, Li Keqiang, Donald Tusk Date: 02/06/2017 © European Union, 2017 Source: EC – Audiovisual Service

Jaroslaw Kaczyński (on the left), at the European Parliament in Strasbourg, in one of his very rare visits to EU institutions. 31/03/2004. Copyright: © Communaut√©s europ√©ennes 2004 - EP.

Jaroslaw Kaczyński (on the left), at the European Parliament in Strasbourg, in one of his very rare visits to EU institutions. 31/03/2004. Copyright: © Communaut√©s europ√©ennes 2004 – EP.

Round table on Brexit: European Union Commission President Jean-Claude Juncker, 1st from the left, Martin Selmayr, his Head of cabinet, 2nd from the left, Tim Barrrow, British Permanent Representative to the European Union, 3rd from the left, and British Prime Minister Theresa May, 5th from the left. Date: 22/06/2017. Location: Brussels - Council/Europa. © European Union , 2017/ Source: EC - Audiovisual Service / Photo: Etienne Ansotte.

Round table on Brexit: European Union Commission President Jean-Claude Juncker, 1st from the left, Martin Selmayr, his Head of cabinet, 2nd from the left, Tim Barrrow, British Permanent Representative to the European Union, 3rd from the left, and British Prime Minister Theresa May, 5th from the left. Date: 22/06/2017. Location: Brussels – Council/Europa. © European Union , 2017/ Source: EC – Audiovisual Service / Photo: Etienne Ansotte.

British Prime Minister Theresa May met the President of the European Parliament Antonio Tajani at 10 Downing Street on 20 April 2017. Credit: Jay Allen. Copyright: Crown Copyright, some rights reserved.

British Prime Minister Theresa May met the President of the European Parliament Antonio Tajani at 10 Downing Street on 20 April 2017. Credit: Jay Allen. Copyright: Crown Copyright, some rights reserved.

8 July 2017. Hamburg, Germany. German Federal Chancellor Angela Merkel in conversation with Russian President Vladimir Putin on the sidelines of the G20 summit. (Photo: Bundesregierung/Kugler).

8 July 2017. Hamburg, Germany. German Federal Chancellor Angela Merkel in conversation with Russian President Vladimir Putin on the sidelines of the G20 summit. (Photo: Bundesregierung/Kugler).