Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]Trump goes ahead with plan to undo globalization; targets China and EU
June 28, 2018 by Leave a Comment
Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]US-EU trade war: Berlin fearful of the second round
June 4, 2018 by Leave a Comment
Finally, Trump did it. He declared war against his country’s closest and more loyal allies Canada, the European Union and Mexico. In the case of the EU though, things may be more complicated than the super tariffs on steel and aluminum products of 25% and 10% respectively, imposed as from 1 June by the US […]Macron in St. Petersburg didn’t oppose Trump on Iran, in Putin’s presence
May 28, 2018 by Leave a Comment
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 […]France-Germany: Divided in Europe, USA united in…Iran
May 10, 2018 by Leave a Comment
Last Tuesday afternoon the President of ‘America first’ Donald Trump withdrew the US from the Nuclear non-Proliferation Agreement with Iran. The deal is known as P5+1 and was co-signed by the US, France, Britain, Germany, Russia and China. There is no information regarding when the US is to re-introduce its economic sanctions against Iran, and […]Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’
May 3, 2018 by Leave a Comment
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 […]Macron crowned king of Europe in Washington D.C.; just a working meeting with Trump for Merkel
April 26, 2018 by Leave a Comment
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 […]Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”
March 19, 2018 by 1 Comment
The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]Trump systematically upsets global order and trade: Where does this end?
March 8, 2018 by Leave a Comment
The extra import tariffs Donald Trump, the ‘America first’ President, the US is to impose on steel (25%) and aluminum (10%) imports have provoked a tsunami of reactions and widespread consequences without and even within the country. The European Commission President reacted swiftly and stated the EU is to retaliate with tariffs of an equal […]A Trumpist squad shook Davos and the world
January 29, 2018 by Leave a Comment
Towards the end of last week, in Davos, a money devaluation war broke out. In the ‘magic’ Alpine mountains American Trumpist dignitaries did what was expected of them: they told the world they don’t give a damn about it…Trump himself, however, appeared a bit less Trumpist than his folk. Overall though, a US administration squad […]What Merkel and Macron are to tell Trump in Davos?
January 22, 2018 by 1 Comment
Donald Trump, the American President, is to deliver the closing speech at this year’s World Economic Forum Annual Meeting of 23-26 January in Davos, which as usually is set in the unsullied Alpine landscape. Perhaps, he has something new to say about how America sees Europe. Most probably though, he is simply to repeat his […]Trump: Hostile to Europe, voids Tillerson’s “ironclad” ally pledge
December 7, 2017 by Leave a Comment
At the end of last week, Rex Tillerson, the US State Department Secretary was intentionally undermined by President Donald Trump. This surprise move from the White House came only hours after the former gave an “’ironclad’ promise of U.S. support to its oldest allies in Europe”. To undercut this pledge, the White House leaked information […]Banks, insurance giants are free again to abuse the real economy
November 16, 2017 by Leave a Comment
Not many years after the financial meltdown of 2008-2010, the main culpable parties for that global catastrophe, the big banks and the gigantic insurance companies are now commandingly asking the world to forget that. They demand to be again left completely unchecked, free to repeat what they did then; inflate all and every market to […]Yellen and Draghi tell Trump and markets not to expedite the next crisis
August 31, 2017 by Leave a Comment
The disappointment of financial markets with the lack of hints about monetary policy from the Jackson Hole gathering of central bankers is understandable. Both Janet Yellen, US Federal Reserve System Chair and Mario Draghi, the European Central Bank President while keeping their policy guidelines unchanged, choose to forcibly attack the demands of bankers – supported […]Trump’s Russian affair spills over and upsets Europe
July 27, 2017 by Leave a Comment
The turmoil in the American political system, caused by President Donald Trump’s Russian affair is having spillovers in Europe. Of course, it’s not the first time that Trump and his out of control political ‘inspirations’ instigate trouble for the Old Continent and the rest of the world. This time however, the US Congress prepares new […]Trump badly cornered at home by agribusiness and steel consumer lobbies: Trade
July 17, 2017 by Leave a Comment
Donald Trump, the real estate mogul and TV reality show star, as President, discovered the hard way that international trade is a much more complicated issue than he could have ever imagined. His poor cognitive abilities and his rampant nature didn’t allow him to realize that international trade is a much more complex issue, than […]Trump ‘used’ G20 to side with Putin and split climate and trade packs
July 10, 2017 by Leave a Comment
While protesters were dynamically trying to reach the part of Hamburg where the G20 leaders of the largest economies of the world were gathered, the most powerful politicians of the globe were reduced to the status of viewers, in the Donald Trump and Vladimir Putin spectacle of rapprochement. Trump also ‘used’ the G20 to tell […]PM May fosters chauvinism, declares trade war on Europe
July 6, 2017 by Leave a Comment
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 […]Trump’s denial of Paris climate agreement; the US Republicans lash out against the world
June 5, 2017 by 1 Comment
Donald Trump’s withdrawal from the UN Paris Climate Agreement is a major foreign policy step, rather difficult to understand. For one thing, the American environmental industry technologically spearheads the world in this domain. The US is a global leader in electric vehicles production, where mainstream vehicles are one of the major contributors to air pollution. […]Dangerous Trumpism in the Middle East with an anti-European edge
May 25, 2017 by Leave a Comment
All main stream media analysts agree that the US President Donald Trump last Sunday 21 May in Riyadh, completely reversed his predecessor Barack Obama’s Middle East policy. He made it evidently biased, aggressive and dangerously personal, despite the extensive use of the word ‘peace’. In a matter of hours Trump endorsed one hundred per cent […]Trump’s Syrian hit the softest option vis-a-vis Russia
April 10, 2017 by Leave a Comment
All the major English language media interpreted last week’s US strike of the Syrian air base with Tomahawk missiles, as a serious geostrategic action by Donald Trump carrying messages not only to Russia, but also to North Korea and even China. Nothing is less true than that. This was the least the new US President […]The US + Britain trivialize mainland Europe, NATO and the EU
March 23, 2017 by Leave a Comment
After the insults the German Chancellor Angela Merkel experienced in Washington last week, the Anglo-American duo last Tuesday orchestrated new assaults on mainland Europe. It’s not only the outrageous option of the no-deal Brexit, which gains momentum in London, possibly being encouraged by Washington. It’s also a fact that Britain and the US escalate their […]Trump asked Merkel to pay NATO arrears and cut down exports ignoring the EU
March 20, 2017 by Leave a Comment
The German Chancellor Angela Merkel returns to Berlin with a bill her country must pay to the US. The check was handed over to her personally by the American President Donald Trump last Friday at the White House. In a very clear manner he estimated what Germany owes to NATO, and indirectly to the US. […]Trump’s Russophiles under investigation, Europe remains ‘en garde’
March 6, 2017 by Leave a Comment
Last Friday U.S. Attorney General Jeff Sessions recused himself from the ongoing FBI probe of the case of the Russian interference in the US Presidential elections favoring Donald Trump. He said “I have recused myself in the matters that deal with the Trump campaign.” Last September, the US intelligence agencies collective, in a joint paper, […]Europe eyes to replace US as China’s prime foreign partner
March 2, 2017 by Leave a Comment
Last Tuesday, Rex Tillerson, the US Secretary of State, received in Washington the top Chinese diplomat Yang Jiechi , in an effort to establish a “regular high-level engagement” with China, after President Donald Trump has practically destroyed the until recently multiple channels of problem solving and interaction between the two super powers. Obviously, Tillerson felt […]The four top Americans who flew to Europe perplexed things about Trump’s intentions
February 20, 2017 by Leave a Comment
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 […]Trump stumbles badly on his Russian openings; Europeans wary of Putin
February 16, 2017 by Leave a Comment
In the fourth week of the Trump Presidency things have become more hectic. Those around the boss are now people of authority, and their actions directly affect America and the world. It’s not only that the chief himself changes his mind from one day to the next about crucial global issues, like the ‘one China’ […]US, Russia oblige each other in Syria and Ukraine selling off allies
February 9, 2017 by Leave a Comment
The US – Russia rapprochement, as having been set in motion by the new tenant of the White House, is to be tested first and foremost in Syria and Ukraine. Washington and Moscow support opposing sides in two catastrophic and bloody civil wars, which have claimed hundreds of thousands of lives and thrown millions of […]The Americans are preparing for the next financial crisis
October 3, 2016 by Leave a Comment
Last week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, in more than one ways revealed that the American central bank prepares to confront the next financial downturn. On Wednesday, 28 September, speaking at the House Financial Services Committee in Washington D.C. , she defended the Fed’s rigorous supervision over […]It’s Trump’s anti-globalization and inward-looking rhetoric that perturbs GOP and US
August 22, 2016 by Leave a Comment
Never before in the American political history, a few months ahead of the November Presidential election, one of the two systemic parties had systematically undermined its own candidate’s prospects to win the White House race. The US Republican Party is currently doing that. Three weeks ago, 50 Republican Party security officials unanimously produced a document, […]G20 LIVE: “ISIL is the face of evil; our goal is to degrade and ultimately destroy this barbaric terrorist organisation”, US President Barack Obama cries out from Antalya Turkey
November 16, 2015 by Leave a Comment
PRESIDENT OBAMA: Good afternoon. Let me begin by thanking President Erdogan and the people of Antalya and Turkey for their outstanding work in hosting this G20 Summit. Antalya is beautiful. The hospitality of the Turkish people is legendary. To our Turkish friends — çok teşekkürler. (Laughter.) I’ve been practicing that. At the G20, our focus […]
