Do the giant banks ‘tell’ Britain to choose a good soft Brexit and ‘remain’ or else…?

It may be true that the world is tired watching Britain being completely confused about choosing the way to exit from the European Union. Yet, the almost schizo division plaguing the Brits and their political elites alike still paralyzes to this date the divorce negotiations. Countries to be most affected by Brexit like Holland are […]

Destabilizing Lebanon after burning Syria; plotting putsch at home: King and Crown Prince of Saudi Arabia

Last week the Crown Prince of Saudi Arabia Mohammed bin Salman, son of King Salman placed the Prime Minister of Lebanon, Saad Al-Hariri under house arrest in Riyadh and forced him to resign his premiership. The Sunni Lebanese premier has a double citizenship, Lebanese and Saudi Arabian. His family has extended business interests and wealth […]

Czech Babis, Austrian Kurz and others threaten Europe with nationalist populism

Andrej Babis, a media magnate and second wealthier Czech leading his anti-immigration, nationalist and populist ANO party, won last Sunday’s election, with around 30% of the vote. He is to become the next Prime Minister of the Czech Republic. Babis did that on an anti-systemic Trump-like ticket. He was recently implicated in a tax fraud […]

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 […]

Britain, EU take edgy steps to unlock Brexit talks as the war of words rages

Last Monday the British Prime Minister Theresa May told the lower house of the Parliament, The Commons a no-deal Brexit is not ruled out. She clarified also that the government ‘is planning for all eventualities”, including the possibility the UK sails after Brexit as an “independent trading nation”. Then she concluded “The ball is in […]

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

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 […]

PM May fosters chauvinism, declares trade war on Europe

  Theresa May, the British PM seems to be so badly cornered by the dreadful reality she and her Brexiteer colleagues have driven their country into, that they have now started acting as if in a collective delusion. Reportedly, they have officially informed the business leaders of the entire UK, that the government may abandon […]

Europe to turn the Hamburg G20 Summit into a battlefield

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 […]

The EU slams Theresa May’s Brexit option; sets base for own European defense, security platform

Last week’s EU Summit in Brussels set a solid base for the frictionless functioning of the European Union of 27, minus Britain. For one thing, the UK Prime Minister Theresa May fell on a solid wall of distrust. The mainland leaders ostentatiously repelled her vague offer, about the position after the Brexit of the around […]

Macron has the deputies but not the people’s consent for his far reaching reforms

The French electoral system of ‘two Sundays’ has permitted Emmanuel Macron to become President, despite being the first choice of only 24.015% of the voters on the first electoral round of Sunday 23 April. Then, exactly for the same reason, his newly born party “La République en marche” (REM or LREM) is now estimated to […]

Will the French let Macron destroy their party political system?

Emmanuel Macron is moving forward with his plan to destroy the French political scenery as we know it for centuries, from the times of the great Revolution of 1789. After having attracted a lot of deputies from the fading Socialist Party to his own, the one year old ‘Republic on the Move’ (REM) party, last […]

Macron plans for Europe, Brexit and banks but vague on France

Emmanuel Macron, after yesterday’s quasi formality of the second round of the election, is the new President of France, having defeated Marine Le Pen by 65% to 35%. He commands the military forces of his country, including the not at all small nuclear arsenal of France, he appoints and dismiss the prime minister and can […]

The ECB again takes care of the bankers not the people

Last week the European Central Bank surprised everybody by letting it be known that interest rates will “remain at present or lower levels for an extended period of time, and well past the horizon of our net asset purchases”. To be noted, presently, the main refinancing operations interest rate is zero. Of course, the markets […]

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 […]

EU Summit: Why was Poland isolated in opposing Tusk and the ‘multi speed’ Europe

Until last week’s summit (Thursday and Friday) of the 27+1 European leaders in Brussels, the exit of Britain from the European club was the tougher test for the club’s unity, which everybody was more or less getting ready to face up to. However, the Polish Prime Minister, a stocky middle aged woman, reversed that and […]

The four top Americans who flew to Europe perplexed things about Trump’s intentions

Four top ranking Washington bigwigs – who flew to Munich, Brussels and Bonn to mend fences with Europe, after Donald Trump termed NATO ‘obsolete’ and rejoiced the unraveling of the EU, left the Europeans bewildered with the dangerously diverging stories they had to narrate. Only the extreme right wing, Polish Defense Minister Anton Macierewicz seemed […]

EU: Divided they stand on immigration and Trump hurricanes

The last Friday’s Malta Summit of the 28 minus 1 EU leaders, on emigration and the future of Europe, was convened amidst a steaming wider political environment within and without Europe. The Council could only agree upon on transferring another €200 million to the one of the at least two Libyan governments, that a small […]

Fear casts again a cold, ugly shadow over Europe; Turkey sides with Russia

The deadly attack in a Berlin Christmas market and the assassination of the Russian ambassador in Ankara, may not be closely connected or plotted by related terrorist circles, but they aim at the same target; to terrify entire populations and block what could lead to a solution in the Syrian mess. Add to that the […]

Turkey’s Erdogan provokes the US and the EU by serving jihadists and trading on refugees

President Recep Tayyip Erdogan of Turkey, after having declared war against the political, judiciary and civic structures of his own country, employs the same belligerent tactics in the domain of foreign policy. He now threatens to send to Europe 3 million refugees and immigrants who are stationed in Turkey. True, more than three million people, […]

What will the US look like under Trump? Was his election campaign a big scam?

Everybody agrees now that the President – elect Donald Trump won the 8 November election, by promising he will take good care of the Americans who are left behind in the era of globalization and of the global financial rackets. The first signs though indicate the opposite. His choices for the top Washington jobs are […]

Europe moulds global defense and security chart given US new inward vision

Europe takes very seriously Trump’s rhetoric about limiting US commitment to NATO and Old Continent’s defenses. In view of that, Federica Mogherini, High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission, speaking at a conference entitled “The Future of EU-NATO Cooperation“, found a great opportunity to address the dawning US […]

Trump questions US – Europe kinship, approaches Russia

In a peculiar way, the five EU leaders who gathered last week in Berlin for a farewell meeting with Barack Obama, closely followed the outgoing American President in his hard line stance against Russia and Vladimir Putin. The Obama administration has been persistently pressing the Europeans to impose more sanctions on Russia on various reasons […]

Solitary Britain sides with US aggressing Russia and chooses hard Brexit

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, […]

IMF – World Bank meetings: US – Germany clash instituted, anti-globalization prospects visualized

This year’s annual meetings of the IMF – World Bank Group in Washington D.C., which kicked off on Thursday 6 October, turned out to be an all out financial war of words between the United States and Germany. In the middle of it stands the battered Deutsche Bank. For a start, there was a confrontation […]

The Franco-German axis considers that all EU needs now is more armaments

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 […]

A hot autumn after a cool summer for Europe

This autumn Europe has everything it…didn’t need. A frozen Spain, a hot Britain who says will stay in EU’s Foreign and Security Policy, a self-centered Ireland and a revolutionary France. In the most interesting development the British Foreign Secretary, the infamous for his gaffes and lies Boris Johnson, said that despite the impending Brexit, his […]

Merkel refuses to consider the North-South schism of Eurozone

The European leaders who form the EU ‘directoire’ may get together as many times as they like, but still appear incapable of solving the club’s existential problems. Last Monday the German Chancellor Angela Merkel, the French President Francois Hollande and the Italian Prime Minister Matteo Renzi met in Naples to relaunch Europe, after the Brexit. […]

Is there a de facto impossibility for the Brexit to kick-start?

Quite understandably, the European Union leaders including of course the German Chancellor Angela Merkel, the French President Francois Hollande and the EU Commission leader Jean-Claude Juncker, want a swift and stern Brexit. The reports about a Franco-German split, with a fictitious Berlin tolerance and the Paris harshness, do not hold water. The France-Germany axis must […]

The Brits are not an exception and that’s why they voted to leave

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 […]