European Union

Frontrunning: November 14

  • Top central bankers vow to talk investors out of easy money (Reuters)
  • Sessions Considers Probe to Evaluate Clinton-Russia Ties (WSJ)
  • Trump Jr. Exchanged Messages With WikiLeaks (WSJ)
  • German growth surprise lifts Europe as China subdues Asia (Reuters)
  • Kremlin tells companies to deliver good news (Reuters)

Manic Tories Trump Monty Python

"There can be little doubt that the British, in general, have a sense of humor. And that’s perhaps the lens through which we should view the country these days..."

Pound Tumbles As Theresa May Faces Leadership Challenge Over Brexit Chaos

Aside from May suddenly offering a sweetened deal to the EU – and she must be tempted – we would be surprised if the number of Conservative MPs prepared to sign a declaration of no confidence isn’t closing in on the critical threshold of forty-eight by the end of the EU Withdrawal Bill debate in just over a week.

EU Uses Sleazy Negotiating Tactics To Extort More Cash In Brexit Talks

We suspect that if the UK offers something approaching 60 billion euros, rather than the 40 billion euros it wanted to pay, the Irish border issue and others would magically melt away. May and Davis might see this as a price worth paying to stop having to be nice to the likes of Juncker and Barnier. They can watch calmly when a large German, French or Italian bank needs bailing out.

The End Of "The End Of History" - US Mid-East Policy's Fork In The Road

"Saudi Arabia has simply replaced one group of autocrats with another, Crown Prince (and soon to be King) Mohammed bin Salman.  There is not one democratic impulse in his body.  But he is the tip of the spear that Donald Trump and Vladimir Putin are wielding to remake the landscape in the Middle East."

De-FANGed: Five Ways The Disrupters Could Be Disrupted

Left to their own devices, there seems to be no stopping them. The thing is, there’s something that governments value above all else: control. Perhaps the real question is just how close to the deep state (s) are some of these companies already?

Frontrunning: November 10

  • Trump Declares New World-Trade Order (WSJ)
  • Trump brings tough trade message in vision for Asia (Reuters)
  • Trump Offers Trade to Asian Nations But Only If They Play Fair (BBG)
  • Flynn Probed Over Alleged Plan to Send Back Turkish Cleric (WSJ)
  • GOP’s Dueling Tax Overhauls Struggle to Pass a Key Red Ink Test (BBG)

Is There Any Way Out Of The ECB's Trap?

"The trap of the so-called stimulus plan is what it has always been...  the ECB itself is hostage to the perverse incentives it created... What we see today in the valuations of sovereign bonds is not normalization of excessive yields, but euphoria generated by a single operator. The ECB. And that always brings negative consequences..."

US, Sweden, Finland Launch New Format Talks: Dancing To Washington's Tune

59 percent of Finns are opposed to NATO membership. Only 22 percent support the idea... Finland started preparations for a major military exercise of a scale it had not arranged since the end of the Cold War. “If there’s a crisis, it will be good for us to practice receiving help...”

Where Are Europe's Fault Lines?

Beneath the surface of modern maps, numerous old fault lines still exist. A political earthquake or two might reveal the fractures for all to see.

Frontrunning: November 8

  • A year in: U.S. stock market under Trump's shadow (Reuters)
  • Democrats’ Wins in Virginia, New Jersey Fan Hopes for Anti-Trump Momentum (WSJ)
  • New York Gives De Blasio a Second Chance, Re-Electing Him as Mayor (BBG)
  • Democrat Wins New Jersey Governor’s Race as Voters Pan Christie, Trump (BBG)
  • Trump Starts China Visit Seeking Progress on Trade and North Korea (BBG)