Brexit negotiations: back to square one, tougher words, no good faith

This past week, the EU and UK  Brexit negotiators’ solemn exchanges became for the first time, really aggressive and plain. Since the beginning of September 2017, during the Michel Barnier – David Davis meetings there had being difficult moments. Nevertheless, the two chief negotiators never questioned the good faith of the other side; not any […]

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 […]

Hazy ‘breakthrough’ saves PM May, leaves Ireland in limbo: Brexit

With only a couple of hours sleep in the very early hours of last Friday, the British PM Theresa May boarded a RAF aircraft and landed in Brussels before dawn. Weary as she was, she rushed to Berlaymont building, the EU Commission headquarters. There she met Jean-Claude Juncker the President of the European Commission and […]

Britain offers more money for an orderly Brexit but the Irish question resurges

If last Friday’s Reuters report from Brussels is correct and Theresa May and Donald Tusk agreed to solve the Brexit dead-end in ten days, then the wild Brexiteers must have retreated  and the orderly exit side has won the first round. Tusk, the President of the European Council said in a tweet that he told […]

Fed, ECB take positions to face the next global financial crisis; the Brits uncovered

The appointment of Jerome Powell as the next head of the US central bank, the famous Fed, is a reassurance to the financial world that the giant lenders will continue being favored by ample and very cheap money. Last Thursday, Donald Trump, the American President didn’t dare to change the cautious approach to monetary policy. […]

The 27 EU leaders did nothing to help May unlock the Brexit talks

President Abraham Lincoln has said “when someone says it’s a matter of principles not money, then it’s a matter of money”. This famous saying was flagrantly confirmed last week in Brussels, when the 27 EU leaders – with Angela Merkel and Emmanuel Macron prominent amongst them – made it clear to Theresa May she has […]

Chauvinism and xenophobia will lead to global assertiveness and more wars

The immigration crisis of 2015 in Europe exposed the hollowness of the political system of the new millennium in the Old Continent, anguishing to cover the huge social cavities the economic neo-liberalism has created. Unfortunately, economic neo-liberalism didn’t lead to political liberalism, but instead to chauvinism, xenophobia and the insurgence of the extreme right wing […]

Brexit: The Conservative Party drives the UK and Europe to a perilous road

The Tories, the governing party of Britain is falling apart, being deeply divided about the kind of Brexit their country should pursue. It’s not the disastrous political circumstances of Prime Minister Theresa May that blocks the negotiations with the European Union, but the chaos dividing the hard Brexiteers from their colleagues preferring a smooth partition […]

Elections in Britain may reserve a surprise for May’s Tories

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

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 […]

If Macron defies Britain about the banks, Paris and London to clash over ‘La Manche’

None of the two winners of yesterday’s first round in the French Presidential election, the pro EU banker Emmanuel Macron (23.9%) and the anti-EU and xenophobic Marine Le Pen (21.4%) is to make things easier for their country. However, the same is true for the British PM Theresa May. The latter’s decision to call an […]

The London City-EU connection holds despite of Brexit and the ban of LSE-Deutsche Börse merger

European Commission’s decision to ban the Deutsche Börse – London Stock Exchange merger, on the one hand solved a long list of problems it could have triggered, in view of and after the Brexit. On the other hand though, this decision has created probably as many issues, because London is the long established low cost […]

May threatens the EU with a wild Brexit indifferent to Scotland, Northern Ireland and the City

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 […]

Trump ostracized by his party and world elites but still remains in course; how can he do it?

Four weeks ahead of the American Presidential elections day of 8 November, and the campaign of the Republican Party and its candidate Donald Trump is in unseen before havoc. Most prominent Republicans in one way or another have undermined the prospects of their own contester to win. It’s pretty clear by now that the establishment […]

EU free-trade agreements with Canada and US: imagine the fallout if put to national referendums

When it comes to ‘selling’ its proposals to EU member states’ government and peoples, the European Commission turns the calendar some centuries back and starts painting saintly icons. The more inportant the proposal it is, the more boldly the Commission hides the real ‘catch 22s’ from citizens, under the bright colors of imaginary gains for […]

EU leaders let tax-evaders untouched

In tomorrows’ European Summit the 27 leaders of the European Union will have as main item in their agenda the fight against tax evasion and fraud. Reportedly without concrete results. According to the President of the Council, Herman Van Rompuy, this affair costs to member state budgets around €1 trillion every year. If only a […]

The US reject EU proposal for prudential financial controls

The North Atlantic economic volume, comprising mainly Eurozone and Britain on the one side and US and Canada on the other constitute the largest almost uniform playfield. Of the two sides, however, the more dependant on the rest of the world is the American one and more precisely the US, with its huge double deficits, […]

Britain heading to national schism on exit from EU

Either the British conservatives have lost any sense of reality or they think that reality has to accommodate their problems. This time it was George Osborn, the Chancellor of the Exchequer who said that the European Union has to change or Britain will leave the club. For one thing being a British he knows very […]