The China-US trade deal will be signed on time; the path is set

The China-US trade truce agreed upon by the US President Donald Trump and his Chinese counterpart Xi Jinping has just prolonged the uncertainties haunting all and every world market. Stock exchanges on Monday went up and then on Tuesday fell on the news. The respite was struck last Saturday between the two leaders, in the […]

Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’

Last Sunday 29 April, Britain determinedly joined the other two major European Union powers, Germany and France in cautioning the US not to activate its super levies of 25% and 10% on imports of steel and aluminum respectively. Donald Trump, the president of ‘America first’, on 23 March had announced the imposition of the above […]

Are the G20 leaders ready to curb corporate tax-avoidance?

Last Monday, the G20 meeting in Hangzhou – the capital of China’s eastern Zhejiang province – the first gathering of the 20 world leaders to be held in the vast country, was not marked by the determination to face up to economic misery and the pitiless wars in Syria, Libya, South Soudan, Yemen, Mali and […]

Britain declares trade war on mainland Europe

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, […]

Canada and EU officially sign the trade agreement that could open-up the road to TTIP

Last Friday the European Union and Canada officially marked the end of five years of negotiations and talks: the Comprehensive Economic and Trade Agreement (CETA) between the two parts was signed. The agreement was presented by the outgoing Commission President Manuel Barroso, the European Council President Herman Van Rompuy and Canada Prime Minister Stephen Harper […]

TTIP fight round 6: last chance for the negotiators to finally open up as they touch the Brussels ring

The next round of the EU-US talks on the ‘infamous’ trade and investment deal, known as the Transatlantic Trade and Investment Partnership, is just around the corner now, but new, fierce critics against the deal are launching back. The gigantic trade agreement, known as TTIP, has been largely criticized from the day 1 by many detractors, who claimed major risks […]

EU Parliament: No EU-US trade agreement without safe data

The European Parliament, in a strongly worded and overwhelmingly voted resolution, set a definite condition for the legislature’s approval of the currently under negotiation EU-US free trade agreement (Transatlantic Trade and Investment Partnership – TTIP). The condition is that American NSA’s mass surveillance practices be completely stopped. The relevant Press release clearly states that “Parliament’s […]

De Gucht: More gaffes with the talks on the EU-US free trade agreement

European Commissioner Karel de Gucht, responsible for Trade, speaking after the informal Athens meeting of the EU Foreign Affairs Council (Trade), attended by the 28 Foreign Trade ministers, failed to accurately report the Council’s opinion on the Transatlantic Trade and Investment Partnership (TTIP) that is the free trade agreement currently under negotiation between the Union […]

Who would pay and who is to gain from the EU-US free trade agreement

Challenging the factual reality, that the ‘gains’ from the currently under negotiation EU-US trade agreement would come mainly from deregulation in the fields of health, safety, environment, financial and data security, the European chief negotiator Garcia Bercero insisted that: “the Transatlantic Trade and Investment Partnership (TTIP) is not and will not be a deregulation agenda”. […]

The Commission favours the cultivation of more GMOs in Europe

The delay in the process of negotiations for the conclusion of the EU-US trade agreement seems to have opened the opportunity to clarify some thorny matters between the two largest trading partners of the world. One of them is surely the cultivation on EU soil of Monsanto’s genetically modified ‘Pioneer 1507’ maize seed. Apart from […]

The EU-US trade agreement, victim of right-wing extremists and security lunatics

The 17 days, that the extreme right (Tea Party politicians) of the US Republican Party forced the American administration to partially shut down, have already cost the GOP the mayorship of New York and the governorship of Virginia, but have also endangered their country’s trade agreement with their closest economic partner, the European Union. The […]