When Mario Draghi was President of the European Central Bank (ECB), this institution failed to meet its target of ensuring inflation remains below two per cent. This is because the central bank raised interest rates in between 2008-11, a decision...
Benin President, Patrice Talon, has announced that West African nations will withdraw their foreign reserves of the CFA franc from France. “We unanimously agree on this, to end this model,” he said. “The central banks of African countries of WAMU...
With the Supreme Court of India dismissing a review petition seeking court-monitored criminal probe into the Rafale fighter jet deal between the Indian Government and France’s Dassault, aviation decks are now clear for induction of Rafale fighter jets in the...
On October 31st the NATO-Ukraine Commission reunited in Kyiv to discuss regional security and Ukraine-related issues. The joint conference held in the aftermath of the meeting confirmed that Russia’s most-feared nightmare is expected to come true in the next years:...
President Trump met with President Erdogan in Washington last Wednesday. Despite rather tense relations between Turkey and the United States, both leaders concurred on one topic in particular: Europe needs to pay more money. “I’m a big fan,” Trump said...
The European Council agreed to postpone the entrance of North Macedonia and Albania in the EU in its meeting on the 17th and 18th October. France put a veto on beginning the talks with both Balkan countries, delaying them to...
“In a sense we now have a Leave alliance, it’s just that we’ve done it unilaterally,” Farage remarked, somewhat cheekily, having promised that his own party members would stand down in those constituencies where the Conservatives were favoured to win,...
The talks around potential -and significant- gas reserves within the Greek territory, especially southern of Crete, do not present a new case. The idea of an energy-rich Aegean Sea has been standing there for decades, however, it seems that only...
In a rather blunt and still unimaginable depiction of seasonal drought compounded by global warming, hale German forests are starting to die. With some forestry workers describing the situation as “catastrophic,” prolonged drought and unnatural heat are jeopardising German forests’...
November 9 marks the anniversary of the fall of the Berlin Wall in 1989, the thirtieth anniversary of which falls this year. The fall of the Wall was one of the crucial events of the decisive year of 1989 which...