In the first month after Brexit, Great Britain posted heavy foreign trade losses, collapsing by 41% in exports to the EU in January, coupled by a loss of 29% in imports. According to the British Statistical Authority, the foreign trade numbers are dramatically bad as the transition is problematic for many companies trading with the … Read more
Consumers in the 27-nation bloc now will have the right to expect that their consumer electronics will have parts available and be able to be repaired for up to 10 years. New rules take effect this month following legislation passed last November by the European Parliament aiming to reduce electronic waste, monitor energy use, and … Read more
The government gave the diplomat, Isabel Brilhante Pedrosa, 72 hours to leave the country after supporters of the president were accused of “violating human rights or acts against democracy and the rule of law” and sanctioned by the EU. By Milan Sime Martinic Read more
Something that didn’t exist eight weeks ago. With U.S. President Joe Biden rejoining 190 other countries in the Paris Climate Agreement, basically all countries on Earth are participating in a unified movement to combat global warming. Under the agreement the U.S. plans to cut carbon emissions 25% from it’s 2005 levels by 2025 and contribute … Read more
Multi-Track Europe – Dysfunctional institutions – Peaceful Brexit – Reinvented EU The American billionaire warned the EU this week that it was risking its own existence because of “dysfunctional institutions, a persistent austerity policy and outdated treaties. “If the European Union carries on with business as usual, there is little hope for an improvement,” Soros said. … Read more
This year’s meeting, taking place in Chantilly, Virginia, near the White House, includes the following topics: ‘Russia in the international order,’ China, ‘The Trans-Atlantic defence alliance: bullets, bytes and bucks,’ ‘The war on information,’ ‘Direction of the EU’ and ‘Why is populism growing?’ It’s the 65th meeting of the secretive group. Kissinger, Thiel, and upper level staff of … Read more
The president met with other world leaders in Brussels this week — a meeting for an organization he last year called “obsolete” in the city he last year called a “hell hole.” Analysts noted that world leaders seemed somewhat dismayed about Trump’s continued insistence they pay more money. Trump reminded them many nations owe large … Read more
Ireland was projected to be the EU’s fastest growing economy in 2016. The European Commission put Ireland’s growth forecast for 2016 at almost 5%, to be followed by another 3.7 percent in 2017, well above the EU average of 1.6 percent, which is the same number Germany is expected to grow in 2016. However, Brexit … Read more