It’s a Chinese saying about Japan and a great piece in the Guardian about the future relationship between the two East Asian giants. In its view, Trump is but a symptom of the inevitable US disengagement from Asia, and from that point on, Tokyo has only the option of going nuclear.
Some $20bn equity funds went out of the US since June and half of them came to Europe, reinforcing the strong euro against the US dollar. Some EU exporters are surely not happy with the strong euro …
It looked close, but apparently no more than theater. Anyway, was anyone interested in a mid-august EU position ?
The Chinese are apparently on the verge of buying Fiat Chrysler Auto (FCA) and with it, Jeep, a true icon of American history. Two remarks: (1) their mountain of money has to go somewhere, and the Popular Republic has a State Policy of acquiring foreign businesses, and at the end of the day FCA is…… Continue reading Chinese Jeep
Never had an US Administration so much high-ranking militaries since the former-general-gone-president Eisenhower. But then, at least, it was 1953, a short time after WW2 and during the Cold War. Anyway, it seems now like a better solution than their otherwise incoherent human resourcing.
It is not yet entirely clear for me if the US new sanctions on Russia, the Nord Stream 2 project, and all the ensuing spats between Europeans and Americans, are about gas, defense & foreign policy, or about a larger autonomy of the Europeans, not entirely approved by the US. Somehow paradoxically, the Western Europeans…… Continue reading The Foreign Policy of Gas
The New York Times draws a picture of incoherence about Trump’s trade policy : much trumpeting, little action; when action is nonetheless taken, it’s like barking at the wrong tree. steel no more a priority : so much fuss about the Section 232’s national security exception for nothing !? surtaxes on Canadian lumber, with residential…… Continue reading A Confused US Trade Policy