The economic crisis triggered by Corona is currently affecting every country in the world. Surprisingly, however, the countermeasures that the states are applying always seem to be the same: printing a lot of money. In the Eurozone, this approach is reflected in the fact that the amount of money in circulation has increased by about… Continue reading The new Inflation
Category: World Affairs
The Price of Rapprochement
The US under President Joe Biden is currently trying to reach a new agreement with Iran and the other countries involved in the previous so-called Iran Agreement. This is causing a number of geopolitical shifts across the region and also some problems for the US. Some of the US's closest allies during the Trump administration… Continue reading The Price of Rapprochement
Digital Unity
The French and German finance ministers had to answer questions in a major newspaper interview. They talked a lot, but often failed to give concrete answers. The topics of the talks revolved around the EU's Corona reconstruction measures, the plans for a global minimum tax, especially for large corporations, and the general outlook for the… Continue reading Digital Unity
On the way to the European Budget
While Merkel promised a few years ago that there would be no common financial liability within the European Union during her lifetime, we are currently making great strides towards just such a liability, and that while she is still in office. About two decades have passed since the introduction of the euro as book money… Continue reading On the way to the European Budget
The Green Trump
For six days now, Annalena Baerbock has been the Green Party's candidate for chancellor in Germany. Markus Söder of the CDU, on the other hand, only narrowly failed to do so. While the major media houses are mostly enthusiastic about the two, there are some remarkable similarities between their political rhetoric and that of Donald… Continue reading The Green Trump
The Reactions
The problem with this US tactic is that the countries targeted by this policy immediately look for alternative ways to pursue their trade despite these restrictions. In many cases, the US crackdown has made it easy to find these solutions and they are now undermining the US-dominated global trading system. China, in particular, is currently… Continue reading The Reactions
The Strategy of maximum Pressure
Under the Trump administration, a strategy of "maximum pressure" was frequently pursued. The concept behind this was to force another party to react in a certain way through various, but almost always economic, measures. This was coupled with Trump's instinctive feel for his counterpart's weak points. Towards the US allies, the approach consisted in particular… Continue reading The Strategy of maximum Pressure
Crisis in East Europe
While the situation in the South is, from an european point of view, in long run increasingly critical, the situation in East Europe is right there now. After the doom of the Sowjet Union was an emerge of a number of new states in East Europe and throught this a number of borderconflicts and territorial… Continue reading Crisis in East Europe
Europe´s open Wound
Idriss Déby, former president of Chad, was killed by rebels while he was with his forces in the north of the country. For 30 years he ruled the country, one of the poorest in the world, as dictator, now his son is to take over. Today, Joseph Borrell, EU High Representative for Foreign Affairs and… Continue reading Europe´s open Wound
The Indian gap
While there is much discussion about Chinese influence in the Middle East and its relationship with Iran, about the geopolitical disputes in the Horn of Africa or the so-called new cold war between the USA and China, the name of what will soon be the most populous country on earth rarely comes up and never… Continue reading The Indian gap
Simon Dierich 