Jean-Claude Juncker, the EU Commission President together with the Japanese Prime Minister Shinzo Abe gave a Press conference following the 23rd EU-Japan Summit which took place in Tokyo on 29 May. The focal point of the meeting was supposed to be the free trade agreement (FTA) between the two sides. However the EU dignitary spoke […]A few, or rather two, trade and economic alliances may rule our brave new world
June 1, 2015 by Leave a Comment
Jean-Claude Juncker, the EU Commission President together with the Japanese Prime Minister Shinzo Abe gave a Press conference following the 23rd EU-Japan Summit which took place in Tokyo on 29 May. The focal point of the meeting was supposed to be the free trade agreement (FTA) between the two sides. However the EU dignitary spoke […]Spanish and Polish voters are crying out for an imminent European change while US urge now Germany to change route
May 27, 2015 by Leave a Comment
The election outcomes in Spain and Poland last week were enough to cause even more uncertainty and turbulences to the already shaken European economy. The European leaders and especially Germany is facing another thorn while they struggle to come to a deal with Greece, which focuses on the austerity policy that is constantly followed by the […]Big world banks to pay $ 4.95bn for cheating customers; Is it a punishment or a gentle caress?
May 25, 2015 by Leave a Comment
Last week five of the world largest banks, JPMorgan, Barclays, Citigroup, Royal Bank of Scotland and Union de Banques Suisses were fined by the American magistrates a total of $ 4.7 billion for rigging interest rate benchmarks. The banks had been setting those standards by themselves for five years after 2007. In another case the […]Why is the EU launching a doomed policy in stopping immigrant waves? What are the real targets?
May 21, 2015 by Leave a Comment
For what it’s worth, the Libyan government, the one recognized by Europe and the West, rejected the EU plan to carry out military operations in the country’s territorial waters and soil against the traffickers of immigrants. This reaction by the one of the two Libyan governments is quite understandable, because it’s practically impossible to distinguish […]EU’s core members are eyeing larger parts of arms trade and of world map
May 14, 2015 by 1 Comment
Last Friday, 8 May, the European Commission released two documents setting a path for defense and security cooperation within the EU. The reports will be presented in an upcoming discussion by the competent 28 Ministers on 18 May and the Heads of State and Government in the European Council of 25 June. The two documents […]Does the West reserve the fate of Libya and Syria for others? How does this relate to the EU’s Neighborhood Policy?
April 16, 2015 by Leave a Comment
Last Monday the High Representative and Vice-president of the European Commission Federica Mogherini delivered the opening speech, in the ministerial meeting of EU’s Southern partners, in the context of the European Neighborhood Policy that took place in Barcelona. At some point she noticed that out of the 38 foreign ministers who were supposed to participate […]Can Obama attract Iran close to the US sphere of influence?
April 7, 2015 by Leave a Comment
The best indications about the fairness of a deal are that all the parties directly involved in it can claim victory, and when it comes to the detailed terms they feel they didn’t get exactly what they wanted. This is exactly what happened after the six major world powers (the P5+1 group of countries, the […]Yesterday’s “jokes” and sarcasm by Digital Single Market’s Vice President Ansip on EU member states’ right to protect their telco markets
March 25, 2015 by Leave a Comment
The distance between an actual speech and a press release is abyssal. A good example of that came out of Mr Ansip’s introductory speech at an event in Brussels yesterday evening about the EU Digital Single Market. The Vice President of the European Commission for the Digital Single Market (DSM) touched there briefly all current hot topics of the […]Have Europe’s Ukrainian wounds begun to heal?
March 23, 2015 by Leave a Comment
The wounds the Ukrainian civil war has inflicted on Europe have now stopped bleeding and if not begun healing at least they claim no more fatalities. The Minsk II agreement is holding well and the Europeans, most of them, have made clear to the Americans that there is no chance of starting a new war […]Greece lost a month that cannot be found neither in “mini Summits” nor in Berlin
March 20, 2015 by Leave a Comment
It has been one long month since the Greek deal on the Eurogroup of 20 February where Greece and the rest of the Eurozone agreed to give to the former a four-month extension of the loan agreement. However, the Greek government does not seem to cooperate with the three institutions (ECB, IMF, EU) to actively and urgently […]Can the US-Iran rapprochement change the world?
March 19, 2015 by Leave a Comment
The United States global gendarmes and the Shiite Iran were brought together in a common fight against the Islamic States murderers in Iraq and Syria, thus opening the way for a wider understanding between the two until recently sworn enemies. The American government saw one more major geostrategic advantage in the rapprochement with Tehran. And […]Only the Americans are unhappy with the ceasefire agreement in eastern Ukraine
March 12, 2015 by Leave a Comment
Despite the fact that the Minsk ceasefire agreement is holding more or less well and the bloodshed in eastern Ukraine has stopped, the Americans seem quite unhappy. They insist on the need to supply the Ukrainians with heavy armaments to continue the war, this time clearly against Putin’s Russia. Let’s follow the facts. On 25 […]Greece and Ukraine main items on EU28 menu; the course is set
February 12, 2015 by Leave a Comment
The world community will be watching very closely today’s gathering of the 28 leaders of the European Union in Brussels. The reason is that its agenda includes two crucial issues; the economic fate of Greece and a discussion on the outcome of a conference in Minsk, Belarus for the future of Ukraine. Yesterday afternoon both […]Europe, US and Russia haggle over Ukraine’s convulsing body; Russians and Americans press on for an all out civil war
February 9, 2015 by Leave a Comment
Germany and France are alarmed at the prospect that the Americans could turn Ukraine into an unbelievable inferno, by overtly delivering heavy armaments to Kiev. In such an event implications on Europe’s security will be vast. The French President François Hollande and the German Chancellor Angela Merkel rushed to Moscow last Friday and met the […]Why and how did ISIS and Muslim fundamentalism gain momentum this year?
December 29, 2014 by Leave a Comment
The European Investment Bank chose the perfect timing at the end of the year to take stock of its support to Egypt, or probably not? On 22 December 2014 EIB published a Press release entitled “Supporting Egypt’s democratic transition: a priority for EIB totalling more than €800 m of projects financed over the last three […]The West definitively cuts Russia off from the developed world
November 17, 2014 by 1 Comment
Last weekend’s G20 Summit in Brisbane Australia in a direct way ineradicably mapped the abyss now dividing the West from Russia. American and European leaders including Barack Obama, Angela Merkel and David Cameron threatened Russia with more sanctions, meant to completely cut her off from western markets and besiege her economy, if Moscow doesn’t stop […]How close is the new financial Armageddon? IMF gives some hints
October 13, 2014 by 1 Comment
Six years after the Western financial system collapsed under its immeasurable greed for easy money expressed as an insatiable thirst for risk, the American and European banks and governments are 30% deeper in debt. Few of them can duly repay without major problems of the most dangerous political kind. It is even more alarming that […]Europe again the black sheep at the G20 Finance Ministers and Central Bank Governors
September 25, 2014 by
Last weekend the much anticipated G20 Finance Ministers’ and Central Bank Governors’ meeting happened in Cairns, Australia. It was very supportive and positive as far as the implementation of the necessary measures to boost the global economic growth in terms of GDP by an additional 1.8 per cent till 2018. This will be done through investments […]European Council: Choosing new leaders for the EU betrays efforts for a wider arrangement
September 1, 2014 by Leave a Comment
The special meeting of the European Council held last Saturday 30 August, despite or probably because of the alarming news about the new fall of inflation to the crisis level of 0.3% last month, was almost totally devoted to the Ukrainian crisis. Unfortunately, the new inflation coming close to zero means that the millions of […]What next after more sanctions against Russia, will the Ukrainian civil war end?
July 28, 2014 by Leave a Comment
Even if the Kiev government accomplishes the conquest of eastern Ukraine by the force of arms, the West in general, cannot be sure of a viable solution in the long-term. It is impossible to pacify this region, without some form of autonomy. The obvious reason is the great numbers of the Russian speakers, the majority […]TTIP fight round 6: last chance for the negotiators to finally open up as they touch the Brussels ring
July 9, 2014 by 1 Comment
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 […]Europe might not avoid new partitioning on Ukrainian crisis
June 24, 2014 by Leave a Comment
It seems that a confrontational paranoia is engulfing our world. The British Prime minister is waging an aggressive campaign (which may end up being self-destructive) against the candidacy of Jean-Claude Juncker for the Presidency of the Commission. The German Chancellor Angela Merkel is encountering this British challenge with an all-out offensive having organized a continental […]Can Europe and the US reverse their nationalist and xenophobic drift? Is the West becoming belligerent?
June 12, 2014 by Leave a Comment
The appointment of the next European Commission President now clearly threatens the very unity of the EU. The two opposing camps have been well shaped around those longing for less or more Union. The first cluster is formed around the British Prime Minister David Cameron, who utterly opposes the candidacy of Jean-Claude Juncker, finding the […]France sneaks into the Geneva US-Iran talks to claim its business share in Tehran
June 11, 2014 by Leave a Comment
The just-concluded bilateral talks between the US and Iran, held Monday and Tuesday in Geneva, can be determinant for the future, shaping of a comprehensive nuclear deal between Iran and the West. The talks were announced last Saturday and indeed took place during a decisive time, after a hot winter of discussions and right before […]Moscow’s Eurasian Union lost significance after the crisis in Ukraine
June 3, 2014 by Leave a Comment
Last Thursday 29 May, the Presidents of Russia, Belarus and Kazakhstan signed the last and most important document, the founding Treaty for their Eurasian Union, to have effect as from 1st January 2015. Four more countries Armenia, Kyrgyzstan, Tajikistan and Uzbekistan have also expressed strong interest to adhere to this new politico-economic entity. The EaU […]What the future holds for the EU – China relations?
May 29, 2014 by Leave a Comment
EU and China relations are perfectly depicted in a passage from a European Union External Action service Press release issued recently. It says, “While acknowledging China’s advancement of the economic and social wellbeing of its people in the past 25 years, the EU also hopes to see greater space open up for discussion and debate […]What options the new President of Ukraine has?
May 27, 2014 by Leave a Comment
Petro Poroshenko, the new Ukrainian President elect, is one of the wealthiest men of his country, but he is not an oligarch in the sense that he hasn’t made his fortune by getting government contracts and concessions. He actually is the only exception to the rule, that all business tycoons of this badly governed state, […]Germany and OSCE support an east-west dialogue in Ukraine without exclusions
May 13, 2014 by Leave a Comment
The West has lost the ball in Ukraine, while the Kremlin ruler tries to make the most out of it. What happened in Mariupol and Sloviansk cannot be justified. West’s allies in the country, that is the extreme right-wing groups and the mercenaries also working for the local oligarchs, proved uncontrollable and untrustworthy. At the […]Who threatens the lives and livelihoods of Ukrainians?
May 6, 2014 by Leave a Comment
People who fail to recognize that the stalemate in Ukraine cannot be resolved unilaterally by military force are not only very dangerous but are political, if not common law, crooks. For example, the appointed by the Maidan ‘regiments’, Interim Prime Minister Arseniy Yatsenyuk, a lieutenant of the corrupt ex-Prime Minister Jylia Tymoshenko, while in Odessa […]What the G7 wants to do in eastern Ukraine
April 28, 2014 by 4 Comments
It took only hours for the West and Russia to discover, after their 17 April Geneva agreement, that the situation in Ukraine is much more complicated than they wanted to make the rest of the world and the public opinion in their home countries believe. The belief that a few men, representing the Organisation […]Russia and the West use the same tactics to dismember Ukraine
April 15, 2014 by Leave a Comment
It’s amazing how much distanced from reality the EU’s foreign policy must be, under the permanent Council Presidency of Lady Catherine Ashton. There is no other explanation than this, if one takes seriously the agenda of yesterday’s EU Foreign Affairs Council meeting in Luxembourg, under the chair of the EU High Representative for Foreign Affairs […]The EU invites the US and Russia to partition Ukraine
April 14, 2014 by Leave a Comment
With an announcement of a few words, EU High Representative Catherine Ashton announced yesterday that Ukraine accepted to participate in a meeting planned to take place in Geneva together with representatives of Russia, the EU and the US. The international relations tradition and practice has it, that whenever a weak country, tormented by existential internal […]The IMF overstates the risks for Eurozone and downgrades the threats for the US economy
April 9, 2014 by Leave a Comment
Once more, the International Monetary Fund, with its latest issue of World Economic Outlook, comes back to criticizing Eurozone’s low inflation rate calling it, a ‘key downside risk’ to global growth. Last week IMF’s managing director Christine Lagarde had also singled out Eurozone as the dark growth spot in the developed world threatened by super […]
