The European Union has announced that it will impose tariffs on steel imports into the bloc as part of its response to the US imposition of tariffs on steel and aluminum products. The measures are not just retaliatory, but a way to help shield the EU’s market from a glut of steel heading to the […]
Some Thoughts on the EU’s Latest $5 Billion Google Antitrust Fine…
As was widely expected, earlier today, the EU Commission brought down its latest antitrust fine against Google, this time for an eye-popping $5 billion. The number gets the attention, but it’s worth looking at the underlying details here. This was the result of a two year investigation, specifically into certain bundling practices that Google used […]
EU President Donald Tusk Threatens U.S. President Trump: “appreciate your allies, after all you don’t have that many”…
Stunningly confrontational remarks today from EU President Donald Tusk as U.S. President Trump and First Lady Melania arrive in Brussels for a NATO summit. After destroying nationalistic Brexit plans for the U.K. to exit the European Union, the insufferable arrogance of the EU surfaces with pontificating snark. The EU might feel emboldened right now, but […]
Boris Speaks: ‘May Deal Will Make Britain an EU Colony’…
EU Threatens $300 Billion Retaliation If U.S. Moves Ahead With Auto Tariffs…
More than a week after President Trump threatened to slap a 20% tariff on auto imports from the European Union, Brussels has issued a written warning to the US Department of Commerce with a threat of its own: If the Trump administration moves ahead with the auto tariffs, the bureaucrats in Brussels won’t hesitate to […]
EU Votes for Law That Digital Rights Org Says Would ‘Destroy the Internet As We Know It’…
The European Parliament took its first step Wednesday in passing a law that would, as a digital rights coalition says, “destroy the the Internet as we know it.” The vote is likely to be the European Parliament’s official position unless the general assembly forces another vote on the legislation next month, Reuters reports. Article 13 […]
EU Proposes a Total Ban on Plastic Forks and Other Products…
The European Commission proposed a total ban on some single-use plastic products and measures to drastically cut the consumption of others, in the latest push by the EU to reduce carbon emissions and marine litter threatening its seas. The ban will apply to plastic cotton buds, cutlery, plates, straws, drink stirrers and sticks for balloons, […]
Trader: Italy on Verge of Inducing Fresh European Crisis…
Tired (or maybe bored) of worrying about rising interest rates, a rising dollar and higher oil prices? Then fear not, because according to Bloomberg macro strategist and former Lehman trader, Mark Cudmore, you can now start worrying about a new, or rather well-forgotten, potential risk flashpoint, namely Italy which, as he writes in his latest […]
The Brexit Transition Deal…
Gibraltar – The Real Reason for Brexit Finally Revealed…
Once again the naked truth has shown itself while everyone was looking the other way. Analysts have been giving all sorts of reasons as to why the Brexit scenario has developed as it has. But the truth has been staring us in the face, all the time – which is exactly why these debates have […]
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