The effects of US tariffs on Chinese goods are felt on the Chinese stock market : $514 bn wiped out only in the last week and almost 20% in 2018. Ok, it’s a little drop from the 6.7tn Chinese equity market, but it’s definitely going into bear territory, even more so during this period of monetary tightening…… Continue reading World Trade War : Chinese Stock Market
The German Government coalition is attacked from the right and extreme right on migration : the Bavarian CSU is threatened by the AfD in regional elections in the fall and toughens its position in advance at the Federal level. From my viewpoint, the migration has the potential to tear down not only government coalitions but…… Continue reading Migration tests the German Coalition
Today, according to the previous schedule, the US should slap supra-taxes on Chinese imports worth $50bn. It remains to be seen if things are going according to the schedule, or new negotiations are in view. This should also be an opportunity to see more clearly through the intricacies of US trade policy, rather dazzling until…… Continue reading World Trade War : US duties on Chinese imports ?
Migration begins to influence the hard way the politics in Western Europe and risks tearing the EU apart. Horst Seehofer, from the Bavarian CSU and actually German Interior Minister, is actually closer to the hardliners from Austria and Italy, in full display of the German government’s fragility. During this time, a spat erupted between France and Italy,…… Continue reading Migration as a game-changer for Europe
The Italians, through no less than Matteo Salvini, Interior Minister and head of Lega Nord, rejected 629 African migrants rescued in Libyan waters. In my view, it’s a lost battle.
The ZTE settled once more its conflict with the US authorities : now the price to pay is a $ 1.4bn fine and US compliance officers acting inside the Chinese company. Trick or treat ?
No one really knows what that could be. And this could be the most worrying. Although it seems to have already happened in Cuba …