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Tag Archives: european union
The Pension Crisis Will Break Up the EU
The Pension Crisis Will Break Up the EU The German public broadcast agency ARD is proposing structural changes. Due to the low-interest rates, the ECB has placed the agency in hard times with its pensions. Karola Wille, the director, has called for structural reform to reduce costs. The proposal centers on technological change to increase efficiency […]
One Word: Contagion
One Word: Contagion Terrible news, I’m afraid. The trainwreck that is Italian politics has always been a hoot to watch. But this time around the implications to what happens in Rome are, as Trump would say, yuuuge. You’ve probably seen the news-flow out of Europe. Tasked with finding a suitable candidate to head a coalition […]
“Just Days Left” To Avoid Trade War France Says, As G-7 Condemn Trump
“Just Days Left” To Avoid Trade War France Says, As G-7 Condemn Trump With Trump refusing to back down and slapping Section 232 tariffs on steel and aluminum imports from the EU, Canada and Mexico, which were enacted at midnight on June 1, the G-7 meeting taking place in Whistler, also known as Canada’s Davos, […]
Germany Accuses Italy of “Debt Blackmail”: Hello EU, Time for Reform Expired
Germany Accuses Italy of “Debt Blackmail”: Hello EU, Time for Reform Expired For 10 years, the EU and EMU promised reform. None was delivered. Time is Up. Populists have taken control of Italy. Merkel’s CDU/CSU coalition is in a state of panic regarding Italy. The German parties went on the attack accusing Italy of “debt […]
MAY DAY
MAY DAY “Japan was the dress rehearsal; the rest of the world will be the main event.” Investor in Japanese stocks, known to this correspondent, circa 2001. “Twitter has taught me a couple of things. 1: there are some incredibly brilliant people in the world. 2: they are vastly outnumbered.” Tweet by @jrsalzman. There are […]
7 Reasons Why European Banks Are in Trouble
7 Reasons Why European Banks Are in Trouble While the euro crisis seems far away as all Eurozone countries ran government deficits below 3 percent of GDP, there is one problem for the euro that quietly keeps growing: the unresolved banking crisis. And this is not a small problem. The Eurosystems´and euro banks´ balance sheets […]
DOLLAR COLLAPSE COMING: EU To DITCH The US Dollar In Payments For Iranian Oil
DOLLAR COLLAPSE COMING: EU To DITCH The US Dollar In Payments For Iranian Oil The dollar’s collapse is nearing. The European Union is planning to switch its payments to the Euro for its oil purchases from Iran, eliminating United States dollar transactions. Just one more nail to the US dollar’s coffin. Its collapse is all but […]
It’s Now Clear: Five Star Lega Deal is a Commitment to Leave the Eurozone
It’s Now Clear: Five Star Lega Deal is a Commitment to Leave the Eurozone There was some confusion Tuesday over the exact wording of an Italian coalition agreement. The agreement is now clear. Italy Coalition Agrees to Leave the Eurozone I typically do not agree with Eurointelligence regarding views on what “should” happen. However, I […]
Merkel: “Trump’s Decision Damages Trust In The International Order”
Merkel: “Trump’s Decision Damages Trust In The International Order” One day after Angela Merkel said Europe can no longer rely on the US “to protect it” in the aftermath of Trump’s unilateral withdrawal from the Iran nuclear accord, stating that “It’s no longer the case that the United States will simply just protect us. Rather, […]
Greece & the Debt Crisis
Greece & the Debt Crisis The entire EU Crisis began precisely on schedule on the Political Pi Turning point from the major high in 2007. Precisely on the day of the ECM turning point, April 16, 2010 (2010.29) Greece notified the IMF it was on the verge of bankruptcy. By April 22nd, the Euro fell to near […]
Facebook and the Future of Online Privacy
Yasin Ozturk/Anadolu Agency/Getty Imag Facebook and the Future of Online Privacy The EU has taken the lead in responding to abuse by the likes of Facebook, thanks to its new privacy standards and proposed greater taxation of peddlers of online personal data. Yet more is needed and feasible. NEW YORK – Chris Hughes, a co-founder […]
Merkel Caught in the Energy Conundrum for Germany’s Future
Merkel Caught in the Energy Conundrum for Germany’s Future The nominal U.S. President, Donald Trump, will meet with the two main European leaders next week with the goal of pushing the President off his position to end the Iran Nuclear Deal, or JCPOA. But it is the bigger issues of energy security that will be the […]
Draghi Admits “Growth May Have Peaked”; ECB To Delay QE Unwind
Draghi Admits “Growth May Have Peaked”; ECB To Delay QE Unwind As we have showed repeatedly over the past month, the European economic imploding, and nowhere is this more obvious than the Citi Eurozone Economic Surprise Index why will soon hit its post financial crisis lows. It appears that after weeks of dithering, someone at […]
Russia’s Real Endgame
Russia’s Real Endgame Russia’s Putin has never taken his eye off the ball. His ambition is not global hegemony or European conquest. Putin seeks what Russia has always sought: regional hegemony and a set of buffer states in eastern Europe and central Asia that can add to Russia’s strategic depth. In Syria, Russia has the […]
Is Britain sleepwalking into a food crisis?
Is Britain sleepwalking into a food crisis? Image: Andrew Stawarz, CC BY-ND 2.0 On May 8th the government will end its consultation period on a new agricultural policy for England. Revealingly, its policy document – called ‘Health and Harmony: The future for food, farming and the environment in a Green Brexit’– has more to say […]
