Trump: Hostile to Europe, voids Tillerson’s “ironclad” ally pledge

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 […]

Trump’s Russian affair spills over and upsets Europe

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’s denial of Paris climate agreement; the US Republicans lash out against the world

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

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 to subject the Fed, challenge the ECB and make Wall St. bankers even richer

It’s obvious by now that the European Central Bank and its President Mario Draghi are following a diametrically opposite monetary policy than the American central bank, the famous FeD. Both Draghi and ECB Vice President Vítor Constâncio have loudly reassured everybody that the Eurozone’s central bank will continue injecting €60 to €80 billion a month […]

Trump asked Merkel to pay NATO arrears and cut down exports ignoring the EU

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’

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, […]

The four top Americans who flew to Europe perplexed things about Trump’s intentions

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

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’ […]

Why is Grexit again in the news? Who is to pay for Eurozone’s banking problems?

Grexit, Greece’s exit from the euro area, is back in the news – for the wrong reasons. During this past week, the country’s creditors, the European Commission, the European Central Bank, the European Stability Mechanism and the International Monetary Fund, finally agreed amongst themselves to set even tougher conditions in order to continue refinancing the […]

Europe led by Germany seems vulnerable to Trump’s threats

Trump’s America and Europe are obviously at odds. The question is how far this division will go? Unquestionably, it’s the new tenant of the White House who fuels this unseen before confrontation between the Atlantic allies, attached by a time cherished bonding that has politically and economically shaped the world as we know it so […]

Brexiteer May gets lip-service from Trump and Turkish promises from Erdogan

The rush announcement of a fabulous trade deal with the US, which ,Teresa May, the British Prime Minister sought last week in Washington D.C., didn’t materialize. As for the much advertised ‘special relationship’ between the US and Britain, it will bear no economic meaning whatsoever, at least in the foreseeable future. The governing Brexiteers in […]

Draghi repels Trump’s threats, rejects Schauble’s dictums

Mario Draghi, the President of the European Central Bank, is under mounting pressures both at home and abroad. From the other side of the Atlantic US President Donald Trump is overtly targeting a much cheaper dollar compared to euro, while at his inaugural speech he clearly praised trade protectionism by saying, “Protection will lead to […]

Trump to run America to the tune of his business affairs

In the short period after the 8 November election that brought him to the Oval Office of the White House for the next four years, President – elect Donald Trump has more or less outlined the policy mix he is going to implement as from 20 January. His choices for key government positions and his […]

What will the US look like under Trump? Was his election campaign a big scam?

Everybody agrees now that the President – elect Donald Trump won the 8 November election, by promising he will take good care of the Americans who are left behind in the era of globalization and of the global financial rackets. The first signs though indicate the opposite. His choices for the top Washington jobs are […]

Trump and Brexit: After the social whys the political whereto

The economic, social and political gaps between the power hubs of New York and Washington on the one hand and the American Mid-West and Southern states on the other is equal to the space dividing London from the rest of Britain. These distances probably compare to the vacuity separating earth from the moon. This is […]

Trump beats Clinton but Americans will learn the hard way that the US can’t change with an election

With a large part of voters disgusted from this US Presidential race, which reached unseen before heights of bitterness, hatred, toxic recrimination and another part of Americans ready to contest the result, had Donald Trump lost the race. In the end, he achieved a landslide win and will become the next President of the USA. […]

Trump ostracized by his party and world elites but still remains in course; how can he do it?

Four weeks ahead of the American Presidential elections day of 8 November, and the campaign of the Republican Party and its candidate Donald Trump is in unseen before havoc. Most prominent Republicans in one way or another have undermined the prospects of their own contester to win. It’s pretty clear by now that the establishment […]

The impossible end of the war in Syria

The United States and the Russian governments without the slightest remorse announced that it was with their guns the Syrians have been killing each other for the last six years. This is the translation in plain English of last weekend’s news, which is that Washington and Moscow agreed on a truce in Syria, after very […]

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 […]

The EU responds to US challenges by fining Apple with €13 billion

Last Tuesday, the White House and the US Treasury in concerted actions issued farfetched statements against the EU Commission. The EU executive’s decision ordered the US giant technology company Apple Inc. to pay additional taxes of up to €13 billion in Ireland. These instant and strong reactions clearly denote that the US sees this Brussels […]

It’s Trump’s anti-globalization and inward-looking rhetoric that perturbs GOP and US

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, […]

Deutsche Bank slammed by the US-based trio of IMF, Fed and Moody’s

Last Thursday morning the International Monetary Fund and the American central bank, the Fed, simultaneously but in the face of it independently, issued warnings about the health of the largest German lender, the long ailing Deutsche Bank. A few days before that the US rating agency Moody’s had degraded the creditworthiness of the bank close […]

What the world will look like after the Iran and 5+1 deal; the US emerges as major power broker in Middle East

The first to travel to Tehran after the nuclear agreement was struck last week between Iran and the 5+1 (France, Russia, China, the United Kingdom, and the United States plus Germany) are the German Vice Chancellor Zigmar Gabriel and Laurent Fabius the French minister for Foreign Affairs. Understandably, French and German dignitaries are more welcomed […]

Can the US-Iran rapprochement change the world?

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 […]

Is our brave new world about to burst?

“Splitting” is the magic word one hears nowadays all over the world in developed and developing counties alike, from Belgium, Spain, Scotland and Canada to Syria, Palestine, Iraq, Soudan, Libya and Turkey as if until now there were no divisions over national identity, incomes, wealth and natural endowments. Flemish, Flemish, Scots, Quebecois, Benghazies, Alawites, Kurds […]