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 […]Trump doesn’t only target Germany, aims to crack the entire EU
July 12, 2018 by Leave a Comment
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 […]EU and China seize momentum to enhance trade agreements in response to Trump’s administration
July 11, 2018 by Leave a Comment
The EU-China summit will take place on July 16-17 in Beijing where both parties are going to discuss how to improve their trade and investment relations the moment when Donald Trump’s administration is imposing tariffs all around the world shaking the world and trade order. Chinese and EU leaders have already met in Bulgaria and […]Trump’s MAGA policy remains unchanged as EU warns to impose additional retaliation tariffs on US products
July 4, 2018 by Leave a Comment
EU threatened the US last Friday with tariff measures on 294 billion dollars of US exports in case Donald Trump’s administration imposes import tariffs on cars and car parts. The US president seems to be doing whatever possible to cause trade wars all over the world. The Old Continent will continue attempting to persuade Mr […]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 […]Trump-China trade war lingers upsetting global economy and stock markets
June 20, 2018 by Leave a Comment
The trade war between US and China has escalated in the last few days when Trump decided to announce tariffs on Chinese goods worthy of 50 billion dollars. The latter was not left unanswered by Beijing that fought back with similar announcements. However, the trade threats continued with the US warning to impose additional tariffs […]UN General Assembly urges greater protection for Palestinians, deplores Israel’s ‘excessive’ use of force
June 15, 2018 by Leave a Comment
This article is brought to you in association with the United Nations. In an emergency meeting on Wednesday, the United Nations General Assembly adopted an Arab-sponsored resolution calling for greater protection for Palestinians, and deploring any use of “excessive, disproportionate and indiscriminate” force by the Israeli military against Palestinian civilians, particularly in Gaza. The emergency session […]Germany takes cover from Trump in Eurozone and decides to pay for it
June 14, 2018 by 7 Comments
Nobody in Germany doubts it any more that Donald Trump’s America is not a friendly country and market any more, or a guarantor of European security, as was the case for the last 70 years after WWII. To ward off any confusion about that, the German ambassador to the US made a clear statement. Peter […]G7 summit: Trump Vs. G6 leaders on trade and climate change
June 13, 2018 by 1 Comment
US President Donald Trump continued yesterday his fierceful critic to Canadian Prime Minister Justin Trudeau in the aftermath of last weekend’s G7 summit which took place in La Malbaie, Quebec, Canada with the seven largest advanced economies in the world to discuss about gender equality, women’s empowerment, clean energy, and economic growth that works for […]At last Germany to negotiate the costs for a really cohesive Eurozone
June 7, 2018 by Leave a Comment
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 […]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 […]America writes-off Iran, blocks Europe’s Tehran talks
May 24, 2018 by Leave a Comment
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 […]Is Germany closer to Russia than the West? Nord Stream II and Iran count more
May 21, 2018 by Leave a Comment
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 […]Europe split in confronting the US sanctions on Iran, Washington isolated
May 14, 2018 by 1 Comment
Donald Trump, the ‘America First’ President in withdrawing from the Iranian nuclear non-proliferation deal, doesn’t seem to be honoring his lead electoral motto. It seems that he is serving more the interests of Saudi Arabia and to a lesser extent of Israel. Riyadh has much at stake in its inimical interaction with Iran. Israel on […]How the United States can win back its manufacturing mojo
May 11, 2018 by Leave a Comment
This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Sadasivan Shankar, Associate, Harvard, Harvard School of Engineering and Applied Sciences Not all inventions end up being useful to humanity. Ideas need to be translated into reality before the world recognizes and benefits from innovation. The US, historically, […]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 […]Business uncertainty rises as US grants only temporary exception to EU for steel and aluminium tariffs
May 2, 2018 by Leave a Comment
Trump’s America first decided last Monday to prolong negotiations on steel and aluminium tariffs with Canada, the EU and Mexico till June 1. This announcement was made just a few hours before the temporary exception expires preventing retaliation and massive impact on the relationship between the U.S., EU, Canada and Mexico. However, the EU officials expressed […]The ECB must extend its money stimulus beyond 2018: Draghi reckoning
April 30, 2018 by Leave a Comment
Last Thursday, 26 April Mario Draghi, tactfully left it to be understood that Eurozone may not any more grow so fast as we all knew it was doing until recently, and, consequently, the inflation goal of close to 2% may not be achievable. He communicated that by not repeating what he had said on 8 […]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 […]The missiles fired against Damascus, Syria divided Europe deeply
April 16, 2018 by Leave a Comment
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 […]A new catastrophic phase in the Syrian carnage
April 12, 2018 by Leave a Comment
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 […]Is the advent of nationalism to destroy economic neo-liberalism?
April 5, 2018 by Leave a Comment
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 […]Mainland Europe adopts Germanic cartel business patterns
April 2, 2018 by Leave a Comment
As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]Trump’s trade wars: Aiming at long term gains for America
March 26, 2018 by 1 Comment
Last Friday, President Donald Trump again surprised the world by imposing new import tariffs on Chinese products of a value of $60 billion and deferring the imposition of import super levies on European Union steel and aluminum for 1st May. In the latter case he also postponed the new tariffs for another six exporting countries […]Putin becomes the ‘perfect enemy” for the West
March 22, 2018 by Leave a Comment
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 […]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 […]Russia – US in Syria: Selling Afrin to Turkey but facing off ruthlessly for Ghouta
March 15, 2018 by Leave a Comment
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 […]Is Britain to sail alone in the high seas of trade wars?
March 5, 2018 by Leave a Comment
If Britain is counting on the US for a favorable bilateral trade agreement after Brexit, Donald Trump the President of ‘America first,’ rushed last Thursday to destroy that Brit dream; he announced 25% extra tariffs on steel and 10% on aluminum imports, prompting anger and retaliatory measures from America’s closest political allies, Canada and the […]Germany to re-invent its security position in Europe and a chaotic world
February 22, 2018 by 1 Comment
At the Munich Security Conference of last week, the hottest criticism for the Grand Coalition agreement of Angela Merkel and Martin Schulz, coming from within and without the country was about not spending enough on armaments and security. The American Defense Secretary Jim Mattis focused on that Germany must spend 2% of GDP on defense, […]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 […]Trump reshapes the Middle East at the expenses of Europe
January 25, 2018 by 3 Comments
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 […]Erdogan’s Turkey in dire straits for flip flop policies in the Middle East
January 8, 2018 by Leave a Comment
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 […]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 […]
