EU
#USEUCompetition – Real prime mover of international trade war
The United States is launching its assaults on China and Europe simultaneously over trade issues, and the impact is global. The trade volume of China, the European Union and the United States have accounted for 80% of international trade. If there is a trade war between the three, it would definitely be a global trade […]
#Brexit – Is a U-turn in sight?
Boris Johnson wrote to European Council President Donald Tusk on 19 August, setting out the UK government’s position on ‘key aspects’ of Brexit, particularly in relation to the ‘backstop’ provisions in the Protocol on Ireland and Northern Ireland. The letter comes before one-to-one meetings with German Chancellor Angela Merkel and French President Emmanuel Macron, and […]
June 2019 – #Eurozone international trade in goods surplus €20.6 billion – €6.1bn surplus for EU-28
The first estimate for eurozone (EA-19) exports of goods to the rest of the world in June 2019 was €189.9 billion, a decrease of 4.7% compared with June 2018 (€199.3bn). Imports from the rest of the world stood at €169.3bn, a fall of 4.1% compared with June 2018 (€176.6bn). As a result, the eurozone recorded […]
#Brexit – ‘Good Friday Agreement will be fiercely defended by the US Congress’ Pelosi
Speaker of the United States Congress Nancy Pelosi fires off a statement in support of the Good Friday Agreement a day after the US National Security Adviser John Bolton’s visit to London where he met with British Prime Minister Boris Johnson, writes Catherine Feore. Bolton said that the UK would be “first in line” for […]
Doubts over #Erasmus+ after EU exit
The Scottish and Welsh governments have raised serious concerns about the impact of a ‘no-deal’ Brexit on the popular Europe-wide international student exchange programme Erasmus+. In a letter to Secretary of State for Education Gavin Williamson, Scottish Further and Higher Education Minister Richard Lochhead and Welsh Education Minister Kirsty Williams argue the case for continued […]
Italy not thinking about leaving #Euro – Salvini
The leader of Italy’s League Matteo Salvini, who this week pulled the plug on his own governing coalition and called for a snap election, said on Saturday (10 August) leaving the euro was not an option on the table, writes Silvia Aloisi. The La Repubblica daily, which is close to the centre-left opposition, said on […]
Prolonged uncertainty weighs on eurozone growth outlook: #ECB
Prolonged uncertainty is dampening the euro zone’s growth outlook, particularly for manufactured goods, the European Central Bank said in a regular Economic Bulletin on Thursday (8 August), writes Balazs Koranyi. Trade tensions are high and the risk of a no-deal Brexit remains, pointing to weaker eurozone growth in the second and third quarters, the ECB […]