Trump Takes U.S. Out of Paris Accord on Climate Decision promoted by the need to shore domestic political base
WASHINGTON – U.S. coal miners and out of work factory workers: this is for you! President Donald Trump publicly...
Tag: Europe
Terrorism Is Not An Existential Threat
WASHINGTON – Sadly, there has been another terror attack. This time it took place in Munich, one of Germany’s...
German Voters Fear Difficult To Assimilate Immigrants Popular rebellion against the liberal approach of Chancellor Angela Merkel
WASHINGTON – German Chancellor Angela Merkel and her political allies just took a big hit in three states elections...
There Is No European Identity The British and many others have ambivalent feelings about EU membership
WASHINGTON – For the outside world, the current political debate within Great Britain about staying in the European Union,...
Maersk Warning About Global Slow Down – Recession In the US? Trade flows have been reduced. The worst since 2008
WASHINGTON – Maersk, (based in Denmark) is the largest shipping conglomerate in the world. Their business is to transport...
Immigrants No Longer Welcome in Europe A few instances of criminal behavior gave a bad name to all new comers
WASHINGTON – Predictably, the European refugee problem has turned into a major Europe-wide political crisis. Anti-immigrant, far right political...
Saudi Arabia’s Goal: Hurt Iran Low oil prices are meant to strangle the oil-dependent Iranian economy
WASHINGTON – A few days ago I argued that Saudi Arabia is imposing rock bottom oil prices through over...
EU Money To Stop African Migrants? The latest European plan is a sign of despair or stupidity
WASHINGTON – The EU-Africa Summit just held in Malta was supposed to lead to some kind of understanding between...
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next?
WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
In Italy High Unemployment Is Good News Major media look for a "silver lining" where there is none
WASHINGTON – If you really, really insist on finding the proverbial “silver lining” in rather depressing news, here is...