Gently Down the Stream of Trump’s Consciousness
Peter Isackson via Fair Observer | Politics and literature have much more in common than most people think, especially if we accept to consider Donald Trump as a major literary figure.
Donald Trump
Trump’s volatile mood wreaks carnage on investors’ confidence
JP Marin-Arrese │ Trump’s volatile mood is wreaking carnage on investors’ confidence. It is a fact that the White House tenant longs to trigger huge uncertainty, even panic, among investors. Yet, by brushing away any hope to strike a truce with China he has outdone himself.
Enjoy the holidays: Autumn could get nasty
Shaun Riordan │Many of us are already enjoying our summer holidays. Others are packing now, looking forward to relaxing on the beach, or in the mountains. Wherever we are taking our holidays we should make the most of them. A perfect storm is brewing which could hit Europe hard in the autumn, with devasting economic and political consequences.
The Misadventures of “Tariff Man”
John Feffer via Fair Observer | For Donald Trump, tariffs are a substitute for diplomacy, just as harassment in his personal life is a substitute for normal human interaction.
The Global Game of Thrones
John Feffer via Fair Observer | With wannabe monarchs like Donald Trump that show far less deference to democracy than the current occupants of Buckingham Palace and Kyoto’s Chrysanthemum Throne, who needs actual kings and queens?
World Gives America One Year to Stop Trump or Face Sanctions
John Feffer via Fair Observer | Several countries have already withdrawn recognition of the Trump government and recognized Nancy Pelosi instead as the legitimate leader of the country. The deputy assistant undersecretary general of the United Nations has given the United States a one-year warning. If the country doesn’t clean up its act and become a responsible world citizen, Ithell Colhoquon announced yesterday, the international community will impose sanctions on…
Trump unchained: Danger ahead for Europe
Shaun Riordan | President Trump is in trouble. He lost control of the House of Representatives in the mid-term elections. But Trump is not like most US Presidents. Moreover, he knows that moderating his position will lose his base and consequently the 2020 election.This is all bad news for Europe. Germany’s economy is already teetering on the edge of recession. Tariffs on car exports to the US (not to mention a no deal Brexit) would push it over the edge, dragging the rest of Europe down with it.
The Geopolitics of Turkey’s Currency Crisis
Shaun Riordan | The currency markets seem to have given the Turkish Lira a temporary respite. But the underlying problems remain the same: an unsustainable current account deficit; excessive dependence on foreign currency denominated (especially dollar denominated) debt; and high inflation.
The Auto Trade War Is A Shaky Ceasefire
BoAML do not think the Juncker-Trump trade agreement is a game changer. Rather they argue that the deal lowers the near-term risk of an auto trade war, supporting their cautious optimism on Europe. However, the deal is largely symbolic in nature, and as we have seen with past “ceasefires”, it may not last long.
“Trump’s Strategy Will Work If The World Lets It And Doesn´t Push Back”
Gabriel Felbemayr, since 2010 Director of the Centre for Foreign Economy at the Ifo Institute in Múnich, explains that “the EU has a clear advantage over the US in the old economy: cars, machinery and chemicals. But the US enjoys an advantage in the so-called new economy, in digital and financial services, leisure. This is the target for the EU.”