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Trump announced that the S-400 purchase means Turkey will not be allowed to purchase any F-35 planes, but he did not address the related questions of Turkey’s role in F-35 production or the likelihood that the S-400 purchase from Russia will trigger U.S. sanctions under the Countering America’s Adversaries Through Sanctions Act. The State Department this week has been silent on whether those sanctions will be imposed.

US removing Turkey out of F-35 program - Turkey no longer loyal member of NATO?

By: EBR | Monday, July 22, 2019

US President Trump and Turkey’s President Erdogan seems no longer friends.In a major break with a longtime ally, the Trump administration said Turkey is being kicked out of an American-led fighter aircraft program because it is buying a Russian air defense system that would aid Russian intelligence

The LDCs’ share of world trade is below 1%, with over half of that split between three graduating countries – Angola, Bangladesh and Myanmar. What’s more, exports from these countries are concentrated in a narrow set of low value-added goods, with 60% comprising primary products – from industries such as agriculture, fishing and mining. This lack of diversification can increase vulnerability to external shocks and undermine long-term development prospects.

5 ways to boost sustainable trade in the world’s poorest countries

By: EBR | Saturday, July 20, 2019

The World Trade Organization’s (WTO) Aid for Trade initiative is designed to connect developing countries to the global trade system in a sustainable manner

Cetinkaya’s departure deals a blow to the bank’s independence, putting monetary policy firmly in the hands of Erdogan, who adheres to the principles of Islamic finance, which prohibits the charging of interest. And it leaves his minister of economy and finance, who is also his son-in-law, peddling the usual conspiracy theories about supposed foreign enemies trying to bring the country to its knees. The Islamic roots of this zero-interest-rate policy worsen the situation.

A Central Bank as the Symbol of Turkey’s Political Thriller

By: EBR | Thursday, July 11, 2019

As Turkey continues to forge its own economic and political path, the issue is how much more damage the current system of governance will inflict on the country, and how long and costly fixing the destruction will be

Kim Jong Un told Trump that "I did not expect to see you at this place," before reminding him he would be the first U.S. president to cross into North Korea. Kim could be seen clapping when Trump actually stepped onto North Korean territory.Later, while being questioned by American reporters, Kim lauded Trump for a "determined and courageous visit" designed to "bring an end to the unpleasant past."

Trump scores big at trip to Asia, G20 and North Korea summit

By: EBR | Thursday, July 4, 2019

In a made-for-television event with more symbolism than substance, President Donald Trump met Sunday Kim Jong Un in the Demilitarized Zone between North and South Korea and became the first U.S. president to step onto North Korean territory

In short, our mission is simple, albeit not easy: throughout the entire six months of the exhibition, to offer artists a place where they can dialogue as freely as possible and offer visitors an intense encounter with art.

Paolo Baratta: "We must go against the mainstream of the moment"

By: EBR | Friday, June 28, 2019

The President of La Biennale di Venezia, Paolo Baratta, speaks to EBR about the 58th International Art Exhibition

European diplomats and Japan’s Prime Minister Shinzo Abe have traveled to Tehran in a bid to rescue the deal, which Iran has threatened to disown, and to reduce tensions between Washington and Tehran. But so far, to no avail. This is because the political dynamics surrounding the deal have fundamentally changed since Barack Obama left the White House in 2017. The new circumstances show how the Europeans have no political or strategic influence either in rescuing the nuclear deal in particular or in stabilizing the region in general.

Europe’s Absence in the Middle East

By: EBR | Thursday, June 27, 2019

The dangerous standoff between Iran and the United States has exposed Europe’s political and strategic weakness and its inability to exert any influence in the region

True, Africa has problems. At the moment, there is political turmoil in Sudan, an outbreak of Ebola in the Democratic Republic of Congo which has spread to neighbouring Uganda and warnings of rising food insecurity in the Lake Chad Basin, Central African Republic, Congo, Somalia, and South Sudan.These and other crises must be dealt with. But European policymakers must be wise enough – and bold enough - to look beyond the emergencies and headlines.

It’s time for Africa

By: EBR | Tuesday, June 18, 2019

There’s more to Africa than alarming headlines. And there’s more to Europe-Africa relations than the EU’s obsessive focus on African migration

The UN High Commissioner for Human Rights immediately issued a statement urging the Spanish government to halt the extradition process, with UN human rights experts pointing out Spain’s international commitment to avoid extraditions to any State where there is a well-founded likelihood of torture and the risk of severe sanctions including capital punishment.

Spain extradites Taiwanese nationals to China contrary to EU concerns about human rights situation

By: N. Peter Kramer | Tuesday, June 18, 2019

At a time when people in Hong Kong are showing very strong opposition to an extradition bill that would allow Hong Kong citizens and even foreigners to be sentenced under China’s impenetrable judicial system, Spain extradites 94 Taiwan nationals to China

A pact Trump reached over immigration with Mexico last week encouraged him to take a harder line with China, said White House Acting Chief of Staff Mick Mulvaney. Under that deal, Trump called off planned tariffs on Mexican goods in exchange for a Mexican crackdown on undocumented immigration into the U.S. “It probably emboldens him to take a tougher stance, but that shouldn’t surprise anybody,” Mulvaney said Tuesday in Washington. “What did the president do when it came to Mexico? He tried to figure out a way to get our interests aligned.

A new trade deal between Trump and Xi?

By: EBR | Thursday, June 13, 2019

President Donald Trump said he’s personally holding up a trade deal with China and that he won’t complete the agreement unless Beijing returns to terms negotiated earlier in the year

Georgia is in a perfect position to act as a transit point sitting between Europe and Asia and is likely to see investment from both sides in the near future. The role of TBC – as Georgia’s leading bank and a cornerstone of Georgia society – appears therefore be key in the country’s emergence as a regional economic power in the coming years.

Georgia is a country on the up

By: EBR | Thursday, June 13, 2019

Georgia’s growing economic and political proximity to the European Union means its dynamic private sector is of interest with increasing attention being paid to its key economic players

A letter from acting U.S. Defense Secretary Patrick Shanahan to his Turkish counterpart on June 6 was excruciatingly precise: Washington will halt the training of Turkish pilots and maintainers, who must leave the United States by July 31. F-35s ordered by Ankara will not be delivered, and Turkey’s aerospace industry will be ousted from the F-35 industrial program, for which alternative suppliers have already been identified. In addition, says the letter, Washington could take further measures under existing U.S. legislation, as well as steps that could curtail future Turkish cooperation with the United States and NATO.

Turkey’s Three Moments of Truth

By: EBR | Thursday, June 13, 2019

The Turkish leadership has not only turned its back on its proclaimed European ambitions. It has also launched itself into a different political, legal, and ethical orbit

The United Nations Conference on Trade and Development estimates more than 80% of the trade hit by US and Chinese tariffs will be picked up by other countries – with the EU set to make the biggest gains.US president Donald Trump argues the tariffs will bring in $325 billion to the US Treasury while protecting US firms from unfair competition. But UNCTAD warns that tariffs are ineffective at protecting domestic firms. And in the long run US-China bilateral trade will decline and be replaced by trade originating in other countries.

Who gains when the US and China fight over trade?

By: EBR | Friday, June 7, 2019

China and the United States are at a trade stand-off after both countries have implemented hundreds of billions of dollars in tariffs on each other’s goods over the past year

Starting with his announcement, Biden’s message has been that Trump’s values and behaviour, more than the policy debate, are the real issues for the 2020 campaign. This approach presumes that voters are most interested in a candidate who represents the opposite of Trump in terms of style and demeanour, and puts less importance on ideology and policy positions.

Why Biden is leading the Democratic candidates pack and frightening Trump

By: N. Peter Kramer | Wednesday, June 5, 2019

Former Vice-President Joe Biden is running for the democratic presidential nomination. A race with 23 candidates, six of them women, six minorities, with a gap between the youngest and the oldest of 40 years

If you are a male and pale politician - and used to all the privileges that come with it - sneak a look outside your ‘Brussels So White’ corridors. Notice the incredible diversity of the population outside. Then think of this: many of these people are European – they are also Muslim, Jewish, Hindu, Buddhist and some don’t have a religion. There is no one, over-arching ‘True European’. This colourful spectacle is what it really means when you talk about ‘Unity in Diversity’.

Shunning far right tactics: countering Islamophobia in five easy steps

By: EBR | Tuesday, June 4, 2019

It’s been a good election. We have done the maths, looked at the composition of the new European Parliament and congratulated ourselves on managing to ‘contain’ the Far Right

It’s envisioned that the free trade area will lead to increased competition, innovation and prosperity for Africa’s people in the long term. But for the AfCFTA’s gains to be realized, entrepreneurs and policy-makers must be aligned. They must engage with each other to provide structure and clarity around how goods and services will move, and around the benefits that the agreement will bring to business.

Africa is creating one of the world’s largest single markets. What does this mean for entrepreneurs?

By: EBR | Friday, May 10, 2019

The Africa Continental Free Trade Area (AfCFTA) is set to launch on 30th May. If every African country joins, it’s expected to be one of the world’s largest single markets, accounting for $4 trillion in spending and investment across the 54 countries

China has "a huge amount of data already", says Shenzhen resident Yang Yang, founder of Unimaker, a 3D printing start-up. And big data helps Chinese start-ups localise and improve to beat overseas companies trying for a foothold.This is how Meituan-Dianping, a Beijing group-buying site, beat off rivals Groupon, Didi Chuxing, Uber, and iQiyi, says Mr Yang.Also, start-ups are selling more to businesses instead of consumers.

Why is the white hot Chinese tech sector cooling down?

By: EBR | Friday, May 10, 2019

China’s once scorching tech sector is cooling off

Some of issues which will be covered and discussed are: Global Investment Trends, What’s Happening in Southeastern Europe, What do Investors look for, Investment Opportunities in Croatia,Investing in digitization and others.

One of the most influential world thinkers on strategy execution and the key-note speaker, Mr. Jeroen De Flander is coming to Split, Croatia

By: EBR | Wednesday, May 8, 2019

On 31st May and 1st June 2019 in Split, Croatia will be held the 1st International Investment Conference (IICC2019), a two-day event with a special emphasis on different ways of investing in Croatia and the region of Southeast Europe

President Trump delights in calling journalists “enemies of the people.” His ceaseless war on mainstream journalism is encouraging dictators across the globe.The number of jailed journalist globally now stands at about 250. The “World Freedom Map,” published annually by Reporters Without Borders (RWB) has been getting progressively darker – the number of violations in 2018 was 11% greater than five years earlier.Many of the journalists imprisoned and intimidated today, from Azerbaijan to Egypt to Venezuela, have had the temerity to report the truth about the massive corruption in the governments of their countries.

EU Needed Now to Lead on Press Protection

By: EBR | Monday, May 6, 2019

The U.S. is no longer the active leader in promoting press freedom as a vital pillar of democracy. The EU ought to fill this space

In addition, individuals’ social values and preferences are shaped by their economic position and context. It is not surprising that ‘new’ middle-class voters living in diverse cities and working in jobs where they interact regularly with other highly-educated people from a variety of backgrounds are socially progressive, while working-class voters are more socially conservative and may have become even more so as class identities ‘made possible by factory-based, unionized jobs in the old economy have faded [and] other identities—ones often associated with hard-line conservative politics—have… filled the void’.

Populism and the embrace of complexity

By: EBR | Tuesday, April 30, 2019

Populists may often thrive with simple narratives. But Sheri Berman warns that simple explanations of populism itself will not pass muster

Due to the U.S. president’s recognition of Jerusalem as Israel’s capital, which included the transfer of the American Embassy from Tel Aviv, his acceptance of Israel’s sovereignty over the Golan Heights, and the US withdrawal from the Iran nuclear deal, Prime Minister Benjamin Netanyahu as he works on forming his new government, is more willing to accept, albeit cautiously, that he and Mr. Trump can work together regarding this peace plan.

Set ‘deal of the century’ new baseline for Mideast diplomacy?

By: EBR | Tuesday, April 30, 2019

When U.S. President Donald Trump and his team launched their effort to formulate an Israeli-Palestinian plan, the first objective which they set for was to drop the terms that had been used in the past.

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EU Actually

Six EU countries demand revision of climate policy: ‘Ideological dogmatism harms our industry’

N. Peter KramerBy: N. Peter Kramer

Six European heads of government have called on Commission President Ursula von der Leyen to review the current EU climate policy.

Europe

Trump’s Peace Lessons for Europe

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U.S. President Donald Trump’s claims to have ended eight wars may be debatable, but his peace efforts raise valid questions. Europe can learn lessons from Washington on how to break the deadlock in protracted conflicts.

Business

EU waters down plans to end new petrol and diesel car sales by 2035

EU waters down plans to end new petrol and diesel car sales by 2035

Current rules state that new vehicles sold from that date should be "zero emission", but carmakers, particularly in Germany, have lobbied heavily for concessions.

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