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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.

The Chinese business model has proved to be more viable in the non-EU member states of the Western Balkan. However, the increasing level of indebtedness of these countries to China raises other alarming questions. It is indeed true that trade relations have been expanding between China and the CEEC region, but it is mostly in line with the general increase of EU-China trade of the past decade. Higher numbers can potentially be explained by the very low base and by the role of multinational companies in the region.

The 16+1 framework and the future of EU-China relations

By: EBR | Tuesday, April 23, 2019

The China-CEEC Summit, held in the city of Dubrovnik in Croatia on 11 April, has introduced a significant development to plans for China’s ‘16+1’ framework: Greece has joined. This means we will have to adapt to its new name: the 17+1

Venezuela and Brazil tied for the title of the Most Worsened Country. Politics have riven both nations. Venezuela’s election last year compounded long-standing economic and social woes. Brazil’s score has declined in each of the past six years as economic troubles, corruption and declining public services have taken their toll.Other nations whose rankings fell steeply in the 2019 list were Nicaragua, the United Kingdom, Togo, Cameroon, Poland, Mali, Yemen, Tanzania, Honduras and the United States. Libya, Syria, Mali, Yemen, Venezuela, and Mozambique were the fastest declining countries of the past decade.

These are the world’s most fragile states in 2019

By: EBR | Friday, April 19, 2019

There are some rankings no nation wants to lead. Yemen has just been named most fragile nation in the Fund For Peace’s 2019 Fragile States Index. The least fragile state is Finland

A study last May showed an overwhelming 94 percent of Russians saying they no longer rely on the state for any help. Only 7 percent of those polled expressed support for a strong leader, and 80 percent prefer social justice over order—a significant shift since the 1990s. A follow-up survey conducted in October and November 2018 showed that a majority of Russians now clearly favors change over stability and the rule of law over social justice. Crucially, 63 percent also signaled a new appetite for “self-expression” and personal responsibility, such as contributing to charities, volunteering, or social movements.

Russia’s Social Awakening: A New Challenge for the EU

By: EBR | Thursday, April 18, 2019

Social moods are shifting in Russia, opening up new, exciting opportunities for a reset by the EU in people-to-people contacts. Brussels must not miss this moment

For all of the current U.S. administration’s constant bluster and endless stream of provocations, there are some very real problems which the world’s multilateral finance, development and trade organizations should urgently respond to.According to a wide range of leading experts meeting in Washington now, Donald Trump practices a disturbing head-in-the-sand attitude on three of the four dominating threats to global economic stability. These threats are: Cyber-risks to world finance, climate change and corruption.

Are the World Bank and IMF Failing the World?

By: EBR | Monday, April 15, 2019

Amidst Trump administration flame-throwing, top experts worry about the ability of the main multilateral institutions safeguarding the global economy

Many analysts say that Modi’s image, recently dented by slowing economic growth and allegations that the governing party had suppressed a report showing a 45-year high in unemployment has recovered since a military confrontation between India and Pakistan, and has perhaps even strengthened ahead of the vote. Amid growing fears worldwide about the power of social media to manipulate voters, India’s election commission said it would closely monitor platforms like Facebook.

How crucial are the India elections for Prime Minister Modi?

By: EBR | Thursday, April 11, 2019

General elections in India will begin on April 11 with some 900 million voters eligible to cast ballots to fill parliamentary seats and chose the next prime minister in the world’s biggest democracy

Politically motivated trials against internationally respected civil society figures and organizations have taken a heavy toll on some of the country’s best talents, wrecking its reputation abroad. It is high time for the judiciary to take the proper decisions of dismissing indictments and preventive detentions based on zero evidence and to free all those concerned. Turkey will be infinitely better off with a free and vibrant civil society. With a return to a decent level of the rule of law, frozen projects such as the modernization of the EU-Turkey Customs Union may become active again, and investors would take a more positive view.

Erdogan’s Four Challenges

By: EBR | Thursday, April 4, 2019

Turkey’s president suffered a frustrating setback in local government elections as democratic resilience prevailed. Watch out for the impact on the economy, the rule of law, defense, and Syria.

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EU Actually

Russia and China warn the EU about Euroclear billions

N. Peter KramerBy: N. Peter Kramer

Russian Prime Minister Mikhail Mishustin went on a working visit to Cina. After a meeting with his Chinese colleague Li Qiang in the city of Hangzhou, an extensive press release was published yesterday.

Europe

Can the EU Meet the Trump Moment?

Can the EU Meet the Trump Moment?

The second term of U.S. President Donald Trump is pushing Europeans to strengthen their capacity for collective action. But their biggest challenge comes from within: U.S.-backed radical-right parties that want to weaken the EU.

Business

China to loosen chip export ban to Europe after Netherlands row

China to loosen chip export ban to Europe after Netherlands row

Beijing has said it will loosen a chip export ban it imposed after Dutch authorities took over Nexperia, a Chinese-owned chipmaker based in the Netherlands.

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