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 […]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 […]A shortened EU Summit admits failures, makes risky promises
December 19, 2016 by Leave a Comment
Last Thursday, 15 December, the cut down to one day European Summit, confirmed that Europe continues on the wrong path. The 27 + 1 leaders acknowledged the complete failure of key policies regarding Syria and Turkey and kept making promises to Ukraine and Georgia they cannot honor. Unfortunately, Brussels refuses to learn the lessons still […]Trump and Brexit: After the social whys the political whereto
November 14, 2016 by Leave a Comment
The economic, social and political gaps between the power hubs of New York and Washington on the one hand and the American Mid-West and Southern states on the other is equal to the space dividing London from the rest of Britain. These distances probably compare to the vacuity separating earth from the moon. This is […]Drawing scenarios for drifting Britain; elections or May’s deadlock?
November 7, 2016 by 1 Comment
The cruel attacks by the ‘leave’ champions and Press against the three judges of Britain’s High Court, who unanimously ruled that the Brexit has to be passed in Parliament, turned out to be utterly un-British and leaned towards fascism. Tabloid newspapers and members of the May government alike called the judges’ ruling ‘unacceptable’, ‘frustrating the […]Solitary Britain sides with US aggressing Russia and chooses hard Brexit
October 20, 2016 by Leave a Comment
Last Sunday Britain surprised Europe by surpassing even the Americans in condemning and threatening Russia over the fight of Aleppo, imminent to be lost for the West. British Foreign minister Boris Johnson went past the US Secretary of State John Kerry, in pointing a finger at Russia. While Kerry threatened Moscow with more economic sanctions, […]Trump ostracized by his party and world elites but still remains in course; how can he do it?
October 13, 2016 by Leave a Comment
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 […]The Franco-German axis considers that all EU needs now is more armaments
September 19, 2016 by Leave a Comment
Last Friday in Bratislava, the Slovak capital, the 27 EU leaders met for the first time without the British Prime Minister. Reportedly they diagnosed that the Union has a grave problem, distancing itself from the people. Of course, the frustration of voters with the EU has not manifested itself just in the Brexit. Brussels have […]Britain declares trade war on mainland Europe
July 18, 2016 by 2 Comments
The new British Prime Minister Theresa May’s choices of Boris Johnson as Foreign minister and David Davis as ‘Secretary of State for Exiting the European Union’, in some respect can be considered as a declaration of a trade war on mainland Europe. The latter of the two despite being almost unknown to the wider public, […]Brexit casts a shadow over the LSE – Deutsche Börse merger: a tracer of how or if brexit is to be implemented
July 11, 2016 by Leave a Comment
One of the most direct and important consequences of the Brexit vote is the uncertainty it casts on the merger of Europe’s largest stock exchanges and clearing houses, the London Stock Exchange and the German bourse in Frankfurt, the Deutsche Börse. The two mammoth institutions, the double sun of Europe’s financial universe, last March agreed […]The Brits are not an exception and that’s why they voted to leave
June 27, 2016 by Leave a Comment
The choice made by a bit more than half of the adult Britons to exit the European Union has already triggered financial and political turmoil. In a short while the direct impact on people’s lives will start to materialize. Let’s count the most important adverse effects: the financial markets turmoil, the international trade fallout, the […]The UK referendum has already damaged Europe: even a ‘remain’ result is not without cost to Britain and the EU
June 23, 2016 by Leave a Comment
The adult Brits are deciding today about their country’s position in or out the European Union, in a referendum that Prime Minister David Cameron was forced by his party’s ultra-Eurosceptics in January 2013 to promise to conduct it, should the Conservative Party win a majority in the 2015 legislative election. This promise was then thought […]Does the world have strong enough institutions to handle risks like Trump and Brexit?
June 16, 2016 by Leave a Comment
Last December, after the attack in San Bernardino California that left 14 dead, Donald Trump proposed a “temporary ban on Muslims entering the US”. This statement gave him a clear lead in the race for the Republican Party nomination, amongst the twelve candidates for the 8 November Presidential election. Republican voters seemingly appreciated his strong […]Why does the whole world want Britain to stay in the EU?
June 13, 2016 by Leave a Comment
Foreign leaders, countries, international bodies and major world entities of any kind are supporting the ‘stay’ option for Britain ahead of 23 June referendum, about the country’s position in or out of the European Union. The American President Barack Obama and the Chinese and the Indian governments have expressly supported the ‘stay’ option, to mention […]The EU checks the multinationals for tax fraud but Britain may sail out of the EU via Panama
April 14, 2016 by Leave a Comment
The Panama Papers did not offer to the world community much more news than most people already knew. For example, the ‘revelation’ that a close friend to the Russian President Vladimir Putin was enormously rich without having labored for his wealth, is no news at all. Every Russian or informed citizen in the entire world […]Why are the financial markets shivering again?
January 25, 2016 by Leave a Comment
The major central banks of the world are currently in the middle of a precise but of dubious results surgical operation on capital markets. On the one hand, the monetary authorities aim at supporting the real economy by injecting more cash into the financial system. On the other, they try to mitigate the risky super […]WEF Davos 2016 LIVE: Cameron corroborates that Britain should remain in the EU
January 22, 2016 by Leave a Comment
Some days ago and more precisely on 18 January, this newspaper argued that David Cameron, the British Prime Minister, readies to support the ‘yes’ side for his country’s position in or out the EU in the referendum. Yesterday afternoon he actually confirmed this with a speech at the Davos WEF. Having recited the four conditions […]WEF Davos 2016 LIVE: Banking moguls continue brandishing financial Armageddon to intimidate us all but in Davos they worry about the very distant future
January 21, 2016 by Leave a Comment
On Thursday 7n January this newspaper commented that behind the capital markets selloff, which shook the financial world in the first week of this year, were the financial moguls who want to impose their terms to central banks and mainly the American Fed. Since then stock markets keep losing a lot of grounds every day. […]Cameron readies to support ‘yes’ for Britain in the EU
January 18, 2016 by Leave a Comment
At the next European Council of 18-19 February, the 28 European Union leaders are expected to deliberate and possibly finalize the terms on Britain’s position in the club. David Cameron, the British Prime Minister, has set four conditions in order to support the ‘yes’ vote in the referendum which can definitely decide his country’s position […]One more country to test the EU project: Kaczynski’s Poland
January 14, 2016 by 1 Comment
Poland, with a population of 40 million or 8% of the EU is not the land locked and Russia loving Hungary that Brussels may easily pretend doesn’t exist. The October electoral triumph of the Eurosceptic, if not anti-EU, Law and Justice party (PiS) under the extreme right wing politician Jaroslaw Kaczynski, a rampant populist, decisively […]Capital markets selloff: The financial moguls send messages to monetary authorities
January 7, 2016 by Leave a Comment
The wild selloff in the major capital markets of the world that culminated last Monday, the first working day of the New Year and continued on Wednesday for a fifth day in row was not just an overreaction to the anticipated slowdown of the Chinese economy, as almost all chief analysts assumed in mainstream media. […]The 28 EU leaders unable to start a relevant debate on migration and Brexit
December 21, 2015 by Leave a Comment
The poor results of last week’s meeting of the 28 EU leaders are reflected in the triviality of the remarks by the Council President Donald Tusk, in summarizing the outcome of the 17 – 18 December gathering in Brussels. His most vivid comment was about the “hard work done and the extreme efficiency of the […]Europe slammed by Turkey’s shaky Erdoğan; both playing with immigrants’ agony
October 19, 2015 by Leave a Comment
Probably the greatest achievement of last Thursday’s European Council was that its conclusions were refuted within hours after they were published. While the official text of the Council results boasts about a “joint action plan with Turkey”, to stem the immigration flows to the EU, the Turkish minister of Foreign Affairs Feridun Sinirlioglu commented otherwise. […]What the world will look like after the Iran and 5+1 deal; the US emerges as major power broker in Middle East
July 23, 2015 by Leave a Comment
The first to travel to Tehran after the nuclear agreement was struck last week between Iran and the 5+1 (France, Russia, China, the United Kingdom, and the United States plus Germany) are the German Vice Chancellor Zigmar Gabriel and Laurent Fabius the French minister for Foreign Affairs. Understandably, French and German dignitaries are more welcomed […]EU’s core members are eyeing larger parts of arms trade and of world map
May 14, 2015 by 1 Comment
Last Friday, 8 May, the European Commission released two documents setting a path for defense and security cooperation within the EU. The reports will be presented in an upcoming discussion by the competent 28 Ministers on 18 May and the Heads of State and Government in the European Council of 25 June. The two documents […]Why did Cameron gain absolute majority? What will he do now? Will he vote ‘yes’ in Britain’s in – out EU referendum?
May 11, 2015 by Leave a Comment
The UK election results came as a shock to many but primarily shook the British public opinion poll experts. All of them failed to even come anywhere near predicting the final results. For Britain, David Cameron’s win means no-change where it counts, the economy, the foreign policy and the home affairs. Regarding the repercussions on […]The EU Parliament and the ECB unknowingly or unwillingly fail to protect our financial assets
April 2, 2015 by Leave a Comment
This week the European Parliament and the European Central Bank rather unknowingly or unwillingly failed to protect the European citizens from the attacks of ‘money sharks’. In two different occasions the two most important European institutions secured the bankers reign on peoples’ money. Let us take one thing at a time. When the average hard […]Last-chance Commission: Why Juncker promised investments of €300 billion?
November 3, 2014 by Leave a Comment
Jean-Claude Juncker is a ‘product’ of the 2008-2010 and still ongoing financial crisis in the Western economic volume. So is his Commission Presidency and he has a deep understanding of that. Juncker, as a President of Eurogroup had to face consecutive crises with Greece, Ireland, Portugal, Spain and Italy. What followed the financial meltdown is […]Scotland in United Kingdom: It’s either the end or the beginning of the end
September 15, 2014 by Leave a Comment
Whatever the outcome of this Thursday’s vote, Scotland is to leave the UK now or in the not so distant future. If it was not for the international intervention, including London’s financial and political sharks’ unprincipled meddling, the Scots would have voted for independence with overwhelming majority. During those last decisive days of the referendum […]What next after more sanctions against Russia, will the Ukrainian civil war end?
July 28, 2014 by Leave a Comment
Even if the Kiev government accomplishes the conquest of eastern Ukraine by the force of arms, the West in general, cannot be sure of a viable solution in the long-term. It is impossible to pacify this region, without some form of autonomy. The obvious reason is the great numbers of the Russian speakers, the majority […]This afternoon Britain will be once more isolated from mainland Europe
June 26, 2014 by Leave a Comment
This morning the European Council will carry out an unprecedented procedure. The 28 EU leaders are supposed to nominate Jean-Claude Juncker as candidate for European Commission President by qualified majority, in a vote that has never taken place before. Then, Juncker, or an unlikely other candidate has to be also approved by the MEPs. Up to […]Germany and OSCE support an east-west dialogue in Ukraine without exclusions
May 13, 2014 by Leave a Comment
The West has lost the ball in Ukraine, while the Kremlin ruler tries to make the most out of it. What happened in Mariupol and Sloviansk cannot be justified. West’s allies in the country, that is the extreme right-wing groups and the mercenaries also working for the local oligarchs, proved uncontrollable and untrustworthy. At the […]Britain and Germany change attitude towards the European Union
December 4, 2013 by 1 Comment
Two different developments, completely unrelated with each other, at least in the first reading, took place yesterday and may shape the future of the European Union in the near future. In the first instance the British Prime Minister, David Cameron, on official visit to China, had a quite unpleasant morning yesterday being badly molested by the […]The EU lets the bankers go on rigging the benchmarks
September 19, 2013 by Leave a Comment
The European Commission adopted yesterday additional “measures to restore confidence in benchmarks following Libor and Euribor scandals”. The new draft legislation complements the political agreement on Market Abuse Regulation proposed by the Commission last July and endorsed by the Parliament and the Council. Benchmark setting is not confined only to interest rates like Libor and […]
