France, Germany challenge Trump’s America on Iran and the reign of the dollar

Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]

Humanitarian emergency in Venezuela was central debate of the EuroLat plenary

This article is brought to you in association with the European Parliament. The 11th plenary session of the Euro-Latin American Parliamentary Assembly (EuroLat), held in Vienna, finished with twelve reports approved and an intense political debate on Venezuela. The humanitarian crisis resulting from the massive emigration of more than two million Venezuelan citizens and the next […]

How we overhauled healthcare amid Venezuela’s crisis

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Alexandra Winkler Osorio, Deputy mayor, El Hatillo Municipality The Venezuelan health system is experiencing an unprecedented humanitarian crisis. There has been a reappearance of endemic diseases, medicine shortages, a mass exodus of medical professionals and the collapse of […]

Venezuela: Parliament calls for urgent EU help for people fleeing the country

This article is brought to you in association with the European Parliament. MEPs urged Venezuela to allow in humanitarian aid, and the EU to release more funds to help Venezuelans fleeing the country, in a vote last Thursday. The European Parliament is shocked and alarmed by the humanitarian crisis in Venezuela, which has led to many […]

After Brexit and Grexit, Brussels to deal with Poloust

After Grexit and Brexit that have both been haunting the European Union for quite some time, and will continue doing so in the foreseeable future, Brussels seems obliged to ponder Poloust that is kicking Poland out. The country is steadily sliding to rightwing coercion, under the leadership of Jaroslaw Kaczynski, a rampant populist, authoritarian and […]

What have the banks done to the markets making them unable to bear cheap oil?

Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]

Trade protectionism and cartels threaten democracy

Trade protectionism is a very dangerous medicine for economic illnesses. On most occasions it is like a drug that kills the pain and the symptoms but at the same time it dilutes the possibility to cure the illness that causes them. If an economy loses its competitiveness in a certain sector or in the entire […]