2019: An unpredictable, confrontational and financially ominous year

The global outlook for 2019 was already looking unpredictable and dangerously confrontational, but the firing of US Defense Secretary, the moderate retired general Jim Mattis makes it exponentially more so. During the past few months ‘America first’ President Donald Trump has dismissed all the top three reasonable American policy makers. First it was the State Department […]

2014 will bring more European Union for the big guys and less for the weak

During 2014 Europeans will be confronted with at least two major developments. Firstly, the completion of the political control of the EU financial market will materialize during the next year, after the adoption, before March 2014, of the Resolution Board a body like the EU council, which will decide which banks will fail. A second […]

Christmas spending: Who can afford not to cut?

European Union consumers will be very careful with their Christmas gifts shopping lists this year, says an in-depth analysis of Wall Steer Journal’s Europe Edition, based mainly on data from a relevant survey of Deloitte LLP. With unemployment reaching unheard before levels above 25% in Greece and Spain and skyrocketing in other weak EU economies, the […]