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This article is brought to you in association with the European Parliament. On Thursday, the European Parliament adopted three resolutions taking stock of the human rights situation in Russia, Afghanistan and Burkina Faso. Russia MEPs call on the Russian authorities to immediately repeal the country’s law on ‘foreign agents’ and to bring existing legislation into line […]
This article is brought to you in association with OECD. The OECD Working Group on Bribery considers that it is ready to conduct the Phase 3 evaluation of the Russian Federation, provided that Russia further aligns its foreign bribery offence with the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (OECD Anti-Bribery […]
This article is brought to you in association with the European Parliament. Russia should stop illegitimately prosecuting Lithuanian judges and EU countries should refuse any legal assistance, says European Parliament. In the text adopted by 493 votes in favour, 43 against and 86 abstentions on Thursday, MEPs call on Russia to end the politically motivated prosecution […]
This article is brought to you in association with the European Parliament. On Thursday, the European Parliament adopted three resolutions taking stock of the human rights situation in Hong Kong, Russia and at the US-Mexican border. Hong Kong The European Parliament calls on the Hong Kong government (HKSAR) to withdraw the proposed and highly controversial amendments […]
The EU Council decided to impose sanctions on Turkey for continuing its illegal drilling operations in the Cypriot territorial waters violating the EU member’s sovereignty rights. The Turkish side however keeps claiming the natural sources in the area and insists on the myth that they have equal rights with the Republic of Cyprus. The under […]
Turkey continues violating the sovereignty rights of Cyprus by conducting a new illegal drilling operation on the northeast of the island. The EU had already urged Turkey last month to stop its gas drilling in waters around Cyprus. Thus the EU bloc will now have to intervene to resolve such disputes. However, Turkey kept on […]
The results of the coming European Parliament elections of 23-26 May will have an unusually strong and long term impact on the wider political developments of the entire Old continent. There are two good reasons for that. The Europeans, including the Brits, will vote to definitely or not repel nationalism and a devastating no-deal Brexit. […]
It was last Monday when the US President Donald Trump met the Hungarian Prime Minister Viktor Orbán at the White House. Both leaders had the beautiful chance to praise each other at a gathering which lasted less than an hour. Only a few days ahead of the EU elections, the US President clearly shows his […]
This article is brought to you in association with OECD. The OECD Working Group on Bribery has repeatedly recommended since 2012 that Russia rectify key legislative deficiencies in order to comply with the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention). Russia must also increase foreign bribery enforcement, having […]
The EU elections will take place in about two months’ time but anti-European together with foreign parties are most likely going to try to exert influence on the upcoming outcome. Anti-establishment parties are expected to change the current balance and status quo if the two mainstream parties, the conservative EPP (European People’s Party) and the […]
Ukraine, once the breadbasket of central Europe and now the miserable wartorn offspring of the breakup of the ex USSR, keeps confirming her reputation for being a deeply divided country and society. The current governing oligarchy under President Petro Poroshenko supported by the West, having succeeded under obscure conditions the Moscow controlled administration of Viktor […]
After last Tuesday’s midterm elections in the United States, the Republicans of President Donald Trump lost the House of Representatives to the Democratic Party. The vote was turned out into a referendum for the Trump administration, and the GOP lost the full control of the two chamber Congress. From now on, the White House will […]
France and Germany have put their weight behind the Russia–Turkey agreement for a lasting ceasefire in Syria. The four leaders also said they agreed to put together a committee to draft a constitution for the political rehabilitation of the devastated country. Last Saturday, the French President Emmanuel Macron, German Chancellor Angela Merkel and the Russian […]
The New Yorker President of ‘America first’, Donald Trump, has figured out the cash China has to pay the US every year, in order to continue exporting her products to the largest market of the globe. It’s something like the ‘protection’ cash New York shopkeepers have to pay the gangs in order to get on […]
At a time of global trade, and not only, disorder, caused mainly by the US President of ‘America first’ Donald Trump, on 16 July in Beijing Europe and China held their 20th Summit. Both are targets of American trade aggression, but it seems the European Union is not yet ready to decisively join forces with […]
The EU-US trade war is now deeply dividing Europe between those who export cars to America and those who don’t. Germany and France have for quite some time been at odds, regarding the handling of the latest Donald Trump threat to impose import super-tariffs on cars assembled in Europe. Now, however, their differences are becoming […]
This story is brought to you in association with the European Union Council Today, 5 July 2018, the Council prolonged economic sanctions targeting specific sectors of the Russian economy until 31 January 2019. This decision follows an update from President Macron and Chancellor Merkel to the European Council of 28-29 June 2018 on the state of […]
This article is brought to you in association with IMFBlog on the occasion of Russia World Cup Written by IMFBlog The World Cup and productivity. Two of our favorite topics, together in one chart. How much your productivity—the amount you produce per hour of work—takes a hit during the World Cup depends on where you […]
This article is brought to you in association with the European Parliament. MEPs condemn detention of human rights defenders and breaches of free expression and assembly in Russia and Bahrain, and ethnic cleansing in the Rakhine State. Russia must free Oleg Sentsov and all other illegally detained Ukrainian citizens As FIFA Football World Cup kicks off […]
Finally, Germany blinked. Chancellor Angela Merkel at last decided to clearly respond and, up to a certain degree, uphold French President Emmanuel Macron’s ideas, about reforming the Eurozone, in order not only to save it from unraveling, but, if possibe, to make it more cohesive and stronger. In an interview to last Sunday’s issue of […]
Emmanuel Macron, the French President, who has regained the European political initiative for his country, traveled to St. Petersburg, in Russia last Thursday. This was not an official state visit though. Macron just decided to participate in St. Petersburg’s annual International Economic Forum (SPIEF). A high end business delegation accompanied him. Macron met Putin only […]
While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]
Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]
A rare service Donald Trump is currently doing for the Europeans is that he offers them a platform for important common action to be undertaken by the French President Emmanuel Macron and the German Chancellor Angela Merkel. They are both visiting the White House this week, but expect quite different reception from Trump; pompous state […]
After the missile attacks by the Western trio of US, Britain and France against Damascus and other positions in war torn Syria, the Russian overlords and Assad regime in that part of the world, continues pursuing their agenda, as if nothing happened. From a certain angle truly nothing has changed regarding the military and political […]
Last Friday night till the early hours of Saturday morning the US-France-Britain alliance attacked the Assad/Putin regime of Damascus, with a precipitation of missiles. Seemingly though, the hits have had a greater political impact on Europe than in Syria itself. Germany and Italy, the other two major European Union countries with strong interests in the […]
At a time when Donald Trump, the US President of ‘America first’ had just urged his military to leave Syria, the gas attack in Douma, near Damascus seems to change the prospect for Washington abandoning this country to Assad, Putin, Erdogan and the Iranians. Last Saturday, more than 60 people died and about 1000 were […]
All major stock exchanges suffered severe losses on the first day of this week not because Tesla and facebook stocks are falling, or even because the Chinese announced on Sunday night their retaliative import tariffs of 15% to 25% on 128 US products; all that was known and probably discounted for during the past few […]
Putin, after having won last Sunday’s presidential election in Russia with a landslide of 76.7% is now turning to the West for détente. According to Reuters, he said “had no desire for an arms race and would do everything he could to resolve differences with other countries”. Only a few days ahead of election Sunday […]
How many more dead and wounded human beings are needed to convince Russia and the US that they must come to terms about the future of Syria? At a time when the mainstream western media are extensively and exclusively reporting the woes of the desperate inhabitants of Ghouta, at another Syrian front in Afrin, the […]
Last Tuesday, 13 February Mario Draghi, the President of the European Central Bank in the most solemn terms said regulating or even banning Bitcoin “it’s not the ECB’s responsibility to do that”. However, he didn’t refrain from eagerly pointing out the very risky and misty nature of the digital ‘monies’. So, when asked again if […]
Trump’s completely unwarranted aggressiveness towards the rest of the world took a violent thrust this week. His vice President Mike Pence speaking at the Israeli parliament, the Knesset, announced a speed-up of the relocation of the US embassy to Jerusalem from Tel Aviv. The move is now to be completed before the end of next […]
Last week a US federal court convicted Mehmet Hakan Atilla, an executive of Turkey’s state-owned Halkbank. This is a major financial institution of this country, controlled directly by the government. Attila found guilty on five accounts, for evading the American sanctions imposed on Iran. Most of those punitive measures were lifted in April 2015, in […]
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