Trump's America: the lifting of the US default taboo
Without Kissinger to negotiate the petrodollar and put the US currency back to the centre of the global game after the shock of Nixon’s announcement in 1971 to halt the convertibility of the dollar to gold, the greenback would never have been the world benchmark since more than 40 years. Will Trump really know how to surround himself with advisers of the same calibre? Also, will he take their advice? Because a shock of the same magnitude is currently in gestation: it is called ‘payment default’ of the US public debt. It is the taboo which was lifted by the election of Trump. So, will it be a self-fulfilling prophecy or healthy debate? A solution or a total disaster?
(GEAB 113: Read the public communique for free)
Without Kissinger to negotiate the petrodollar and put the US currency back to the centre of the global game after the shock of Nixon’s announcement in 1971 to halt the convertibility of the dollar to gold, the greenback would never have been the world benchmark since more than 40 years. Will Trump really know how to surround himself with advisers of the same calibre? Also, will he take their advice? Because a shock of the same magnitude is currently in gestation: it is called ‘payment default’ of the US public debt. It is the taboo which was lifted by the election of Trump. So, will it be a self-fulfilling prophecy or healthy debate? A solution or a total disaster?
(GEAB 113: Read the public communique for free)
The glue
that binds Britain and the United States together
As U.S. President Donald Trump proclaims “America First” and Britain hums along to the words of “Rule Britannia,” can a special relationship still exist between two states that seem to have decided to draw back within themselves? In both of these countries, a repositioning of global roles is being undertaken by a suddenly dominant political group of populists. And they are locked in what promises to be a long war with the previously dominant political and intellectual groups that are liberal and globalist... (Reuters)
As U.S. President Donald Trump proclaims “America First” and Britain hums along to the words of “Rule Britannia,” can a special relationship still exist between two states that seem to have decided to draw back within themselves? In both of these countries, a repositioning of global roles is being undertaken by a suddenly dominant political group of populists. And they are locked in what promises to be a long war with the previously dominant political and intellectual groups that are liberal and globalist... (Reuters)
Post-Brexit: European schemes of
dismemberment of the City
The tiny financial centres of the Eurozone have been rubbing their hands since the British chose to leave the EU, positioning themselves in order to recuperate significant market shares of the City’s activity. A recent study made by the Brussels think-tank Bruegel proposes two scenarios of possible gains for a number of financial centres, depending on whether the EU27 succeeds in integrating a network of European financial centres or results in a fragmentation of the European financial market...
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The tiny financial centres of the Eurozone have been rubbing their hands since the British chose to leave the EU, positioning themselves in order to recuperate significant market shares of the City’s activity. A recent study made by the Brussels think-tank Bruegel proposes two scenarios of possible gains for a number of financial centres, depending on whether the EU27 succeeds in integrating a network of European financial centres or results in a fragmentation of the European financial market...
(GEAB 113 / Login or Subscribe)
Turkey-EU relations plumb new
depths
Turkey’s quarrel with the EU escalated on all fronts over the weekend, with fresh “Nazi” insults, “terrorism” accusations, and death penalty and migrant threats. The Turkish leader, Recep Tayyip Erdogan, personally accused German chancellor Angela Merkel of being a Nazi at a rally in Istanbul on Sunday (19 March)... (EUObserver)
Turkey’s quarrel with the EU escalated on all fronts over the weekend, with fresh “Nazi” insults, “terrorism” accusations, and death penalty and migrant threats. The Turkish leader, Recep Tayyip Erdogan, personally accused German chancellor Angela Merkel of being a Nazi at a rally in Istanbul on Sunday (19 March)... (EUObserver)
European
elections 2019: the allied far rights becomes the dominant parliamentary group
in the European Parliament
This anticipation is not very original but it must nevertheless be faced with all the lucidity required. It is hardly a hypothesis, but rather a certainty: the allied European far rights will constitute the most consistent and therefore powerful parliamentary group in the next European Parliament, whatever their results in the previous national elections. What will count is the trans-European nature of their progression… (GEAB 113 / Login or Subscribe)
This anticipation is not very original but it must nevertheless be faced with all the lucidity required. It is hardly a hypothesis, but rather a certainty: the allied European far rights will constitute the most consistent and therefore powerful parliamentary group in the next European Parliament, whatever their results in the previous national elections. What will count is the trans-European nature of their progression… (GEAB 113 / Login or Subscribe)
The
Under-the-Radar EU Vote That Opens the Door for Russia
With eyes fixed on populist threats in other European Union elections, one vote has escaped the glare. And this one promises to strengthen Russia’s foothold in the region. While affirming their commitment to the EU, Bulgaria’s two biggest parties say they’ll revive economic ties with Russia to benefit voters who feel let down by the bloc a decade after membership... (Bloomberg)
With eyes fixed on populist threats in other European Union elections, one vote has escaped the glare. And this one promises to strengthen Russia’s foothold in the region. While affirming their commitment to the EU, Bulgaria’s two biggest parties say they’ll revive economic ties with Russia to benefit voters who feel let down by the bloc a decade after membership... (Bloomberg)
Vatican
to hold Islamic prayers for the first time in history
On Sunday for the first time ever the readings from Quran will be heard at the Vatican. This move was initiated by the Pope Francis in order to bring peace between Israelis and Palestinians. During his visit last week to Jordan Israel, and the Palestinian Authority, Pope Francis invited Israeli President Shimon Peres and Palestinian Authority President Mahmoud Abbas. Peres’s spokesperson has announced in Times of Israel that Abbas, Peres, and Pope Francis will be joined by Jewish, Christian and Islamic religious leaders... (Daily EB)
On Sunday for the first time ever the readings from Quran will be heard at the Vatican. This move was initiated by the Pope Francis in order to bring peace between Israelis and Palestinians. During his visit last week to Jordan Israel, and the Palestinian Authority, Pope Francis invited Israeli President Shimon Peres and Palestinian Authority President Mahmoud Abbas. Peres’s spokesperson has announced in Times of Israel that Abbas, Peres, and Pope Francis will be joined by Jewish, Christian and Islamic religious leaders... (Daily EB)
The
voices missing from Syria's peace talks
As negotiations on the war in Syria resume in Geneva, civil society groups say their voices are not being heard. Syrian activist, Haytham alHamwi, recalls how in 2003 he decided to join forces with the young men and women of his hometown Daraya, in the southern suburbs of the Syrian capital Damascus, to organise a public cleaning campaign... (AlJazeera)
As negotiations on the war in Syria resume in Geneva, civil society groups say their voices are not being heard. Syrian activist, Haytham alHamwi, recalls how in 2003 he decided to join forces with the young men and women of his hometown Daraya, in the southern suburbs of the Syrian capital Damascus, to organise a public cleaning campaign... (AlJazeera)
Multipolar World, 2022: India’s power
strategy via Washington
In view of China’s demographic being overtaken by India by 2022, India will use the structuring rivalry of the new world order emerging between the United States and China to advance its own interests, by operating a tactical rapprochement with Washington. This new partnership will be part of a struggle against Chinese trade surpluses and India’s determination to become a world power... (GEAB 113 / Login or Subscribe)
In view of China’s demographic being overtaken by India by 2022, India will use the structuring rivalry of the new world order emerging between the United States and China to advance its own interests, by operating a tactical rapprochement with Washington. This new partnership will be part of a struggle against Chinese trade surpluses and India’s determination to become a world power... (GEAB 113 / Login or Subscribe)
September 2017. Euro crisis: The ECB loses
its independence
The post-Brexit Europe does not need the extreme right-wings, it is already lining up with the national-European model proposed by the British. The antagonism between European and national levels, which has dramatically increased within the crisis, due to a lack of democratic anchoring at the European level, has led in just 6 months to a complete takeover of the European institutions by the Member States... (GEAB 112 / Login or Subscribe)
The post-Brexit Europe does not need the extreme right-wings, it is already lining up with the national-European model proposed by the British. The antagonism between European and national levels, which has dramatically increased within the crisis, due to a lack of democratic anchoring at the European level, has led in just 6 months to a complete takeover of the European institutions by the Member States... (GEAB 112 / Login or Subscribe)
German
candy maker Haribo goes America
Bonn, Germany-based Haribo group announced on Thursday that it would build a new confectionary plant at a site in Kenosha County, Wisconsin, creating about 400 jobs. One of the world's largest candy companies, Haribo said it was in talks with local officials to acquire a site near the village of Pleasant Prairie, with the total cost of the investment expected to be about $240 million... (Deutsche Welle)
Environmental organizations are accusing Monsanto of influencing the outcome of studies on the pesticide active ingredient, glyphosate. EU agencies have said it poses no risk of cancer to humans. It's been a decades-long, controversial debate. Now environmental organizations are alleging that the chemical company, Monsanto, actively influenced studies on the risks and hazards of the pesticide active ingredient, glyphosate. Monsanto is said to have mislead regulators... (Deutsche Welle)
Bonn, Germany-based Haribo group announced on Thursday that it would build a new confectionary plant at a site in Kenosha County, Wisconsin, creating about 400 jobs. One of the world's largest candy companies, Haribo said it was in talks with local officials to acquire a site near the village of Pleasant Prairie, with the total cost of the investment expected to be about $240 million... (Deutsche Welle)
India,
Brexit and the legacy of empire in Africa
It is disingenuous of Shashi Tharoor to pretend that religious hatred did not exist in India before “the British introduced it” with their policy of “divide and rule” (A legacy of exploitation and ruin, G2, 9 March). He must know that when Mahmood of Ghazni first brought Islam to the subcontinent in the 10th century, his invasion involved incalculable violence... (The Guardian)
Was
Monsanto involved in EU glyphosate study?It is disingenuous of Shashi Tharoor to pretend that religious hatred did not exist in India before “the British introduced it” with their policy of “divide and rule” (A legacy of exploitation and ruin, G2, 9 March). He must know that when Mahmood of Ghazni first brought Islam to the subcontinent in the 10th century, his invasion involved incalculable violence... (The Guardian)
The
Conquest of space and multipolarity – Shooting Star
Wars
$100 billion: the potential market for rare earths in outer space. 680,000: the number of asteroids identified in the solar system. $500,000: the price offered by Elon Musk for a round trip to Mars.This is what Capital newspaper says in its article named: “They already do business on the Moon … or almost!” In 1967 the United States, Russia, India, Great Britain, France, Germany, Italy (which launched its first satellite in 1964!), and many other states from Europe and the world signed the Outer Space Treaty... (GEAB 106 / / Login or Subscribe)
$100 billion: the potential market for rare earths in outer space. 680,000: the number of asteroids identified in the solar system. $500,000: the price offered by Elon Musk for a round trip to Mars.This is what Capital newspaper says in its article named: “They already do business on the Moon … or almost!” In 1967 the United States, Russia, India, Great Britain, France, Germany, Italy (which launched its first satellite in 1964!), and many other states from Europe and the world signed the Outer Space Treaty... (GEAB 106 / / Login or Subscribe)
Environmental organizations are accusing Monsanto of influencing the outcome of studies on the pesticide active ingredient, glyphosate. EU agencies have said it poses no risk of cancer to humans. It's been a decades-long, controversial debate. Now environmental organizations are alleging that the chemical company, Monsanto, actively influenced studies on the risks and hazards of the pesticide active ingredient, glyphosate. Monsanto is said to have mislead regulators... (Deutsche Welle)
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