The Shrewd Economist
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
January 19, 2026
Grönland: Trump droht mit neuen Zöllen gegen europäische Staaten
Labels:
Donald Trump,
Europa,
Grönland
January 18, 2026
Donald Trump Is Using ‘Blackmail’ Tariffs as ‘Economic Coercion’ over Greenland | Edward Fisher
Jan 18, 2026 | “This really comes down to Trump’s desire to be seen in history as somebody who expanded the map of the United States.” Donald Trump is using tariffs as a form of economic coercion to pressure NATO allies over Greenland, but market backlash may ultimately limit how far the strategy can go, says former State Department and Treasury Department official Edward Fisher.
Labels:
Donald Trump,
Greenland,
tariffs
'Remove Tariffs, Other Barriers': Ursula Corners Trump Hours After US Slaps Tariffs on EU Nations
Labels:
Mercosur,
Paraguay,
Ursula von der Leyen
EU Trade Chief: EU-South America Trade Pact Will Help 'Offset' Impact of US Tariffs | DW News
Jan 18, 2026 | The EU's trade chief says the bloc's new deal with South America’s Mercosur states will help "offset the negative consequences from the increased tariffs imposed by the United States."
Maros Sefcovic spoke to DW in Paraguay after signing the EU’s biggest ever trade deal, which officials hailed as a geopolitical milestone. But the ceremony was overshadowed by threats from US President Donald Trump to slap new tariffs on several European countries opposing his push to acquire Greenland.
Sefcovic said EU leaders were consulting on a joint response. "First and foremost, we again stayed very, very, clear on our principles for us, territorial sovereignty, integrity and international law are absolutely key principles," Sefcovic said, warning fresh US tariffs could trigger a "very dangerous downward spiral."
Sefcovic told DW formally approving an EU-US trade deal struck last year will be "very complicated" after Trump's latest announcements.
Maros Sefcovic spoke to DW in Paraguay after signing the EU’s biggest ever trade deal, which officials hailed as a geopolitical milestone. But the ceremony was overshadowed by threats from US President Donald Trump to slap new tariffs on several European countries opposing his push to acquire Greenland.
Sefcovic said EU leaders were consulting on a joint response. "First and foremost, we again stayed very, very, clear on our principles for us, territorial sovereignty, integrity and international law are absolutely key principles," Sefcovic said, warning fresh US tariffs could trigger a "very dangerous downward spiral."
Sefcovic told DW formally approving an EU-US trade deal struck last year will be "very complicated" after Trump's latest announcements.
Labels:
European Union,
Mercosur,
Paraguay
Danes, Greenlanders Protest Trump Plan as EU Leaders Show Outrage over Tariff Threat | DW News
Jan 18, 2026 | US President Donald Trump has threatened to raise tariffs on eight European countries until they allow the US to BUY Greenland.
Trump posted on Truth Social that "starting on February 1st, all of the above-mentioned countries (Denmark, Norway, Sweden, France, Germany, The United Kingdom, The Netherlands, and Finland), will be charged a 10% Tariff on any and all goods sent to the United States of America."
European leaders have warned against what they call a dangerous downward spiral if the levies are implemented, with the EU's foreign policy chief Kaja Kallas replying in a post, "China and Russia must be having a field day. They are the ones who benefit from divisions among allies.
If Greenland’s security is at risk, we can address this inside NATO. Tariffs risk making Europe and the United States poorer and undermine our shared prosperity." Meanwhile, thousands of people took to the streets in the Greenlandic and Danish capitals on Saturday against Trump's bid to take over the island.
Trump posted on Truth Social that "starting on February 1st, all of the above-mentioned countries (Denmark, Norway, Sweden, France, Germany, The United Kingdom, The Netherlands, and Finland), will be charged a 10% Tariff on any and all goods sent to the United States of America."
European leaders have warned against what they call a dangerous downward spiral if the levies are implemented, with the EU's foreign policy chief Kaja Kallas replying in a post, "China and Russia must be having a field day. They are the ones who benefit from divisions among allies.
If Greenland’s security is at risk, we can address this inside NATO. Tariffs risk making Europe and the United States poorer and undermine our shared prosperity." Meanwhile, thousands of people took to the streets in the Greenlandic and Danish capitals on Saturday against Trump's bid to take over the island.
Labels:
Denmark,
Donald Trump,
European Union,
Greenland
January 17, 2026
«Il est impératif de prendre des mesures énergiques» : Donald Trump ouvre une crise transatlantique sur le Groenland
LE FIGARO : DÉCRYPTAGE - Le président américain impose des droits de douane aux Européens pour forcer le Danemark à lui céder le territoire.
Les visées de Trump sur le Groenland ont ouvert une crise dans les relations transatlantiques. Le président américain a répondu au refus du Danemark de lui céder son territoire arctique en annonçant samedi son intention de frapper de droits de douane ce pays et les alliés européens coupables de l’avoir soutenu. « La paix mondiale est en jeu ! », a écrit Trump. « La Chine et la Russie veulent le Groenland, et le Danemark ne peut rien y faire. Il dispose actuellement de deux traîneaux à chiens pour se protéger, dont un ajouté récemment. Seuls les États-Unis d’Amérique, sous la présidence de DONALD J. TRUMP, peuvent jouer dans cette partie, et avec beaucoup de succès ! Personne ne touchera à cette terre sacrée, d’autant plus que la sécurité nationale des États-Unis et du monde entier est en jeu ».
Mais envoyer des renforts au Groenland ne vaut que s’ils sont américains. Trump s’en est pris aux alliés de l’Otan qui ont déployé la semaine quelques détachements symboliques, les accusant de menacer la paix. « Pour couronner le tout », a écrit Trump, « le Danemark, la Norvège, la Suède, la France, l’Allemagne, le Royaume-Uni, les Pays-Bas et la Finlande se sont rendus au Groenland dans un but inconnu. Il s’agit d’une situation très dangereuse pour la sécurité et la survie de notre planète. Ces pays, qui se livrent à ce jeu très dangereux, ont pris un risque qui n’est ni tenable ni durable. Il est donc impératif, afin de protéger la paix et la sécurité mondiales, de prendre des mesures énergiques pour que cette situation potentiellement périlleuse prenne fin rapidement et sans équivoque». » | Par Adrien Jaulmes, correspondant à Washington | samedi 17 janvier 2026
Réservé aux abonnés
Les visées de Trump sur le Groenland ont ouvert une crise dans les relations transatlantiques. Le président américain a répondu au refus du Danemark de lui céder son territoire arctique en annonçant samedi son intention de frapper de droits de douane ce pays et les alliés européens coupables de l’avoir soutenu. « La paix mondiale est en jeu ! », a écrit Trump. « La Chine et la Russie veulent le Groenland, et le Danemark ne peut rien y faire. Il dispose actuellement de deux traîneaux à chiens pour se protéger, dont un ajouté récemment. Seuls les États-Unis d’Amérique, sous la présidence de DONALD J. TRUMP, peuvent jouer dans cette partie, et avec beaucoup de succès ! Personne ne touchera à cette terre sacrée, d’autant plus que la sécurité nationale des États-Unis et du monde entier est en jeu ».
Mais envoyer des renforts au Groenland ne vaut que s’ils sont américains. Trump s’en est pris aux alliés de l’Otan qui ont déployé la semaine quelques détachements symboliques, les accusant de menacer la paix. « Pour couronner le tout », a écrit Trump, « le Danemark, la Norvège, la Suède, la France, l’Allemagne, le Royaume-Uni, les Pays-Bas et la Finlande se sont rendus au Groenland dans un but inconnu. Il s’agit d’une situation très dangereuse pour la sécurité et la survie de notre planète. Ces pays, qui se livrent à ce jeu très dangereux, ont pris un risque qui n’est ni tenable ni durable. Il est donc impératif, afin de protéger la paix et la sécurité mondiales, de prendre des mesures énergiques pour que cette situation potentiellement périlleuse prenne fin rapidement et sans équivoque». » | Par Adrien Jaulmes, correspondant à Washington | samedi 17 janvier 2026
Réservé aux abonnés
Labels:
Donald Trump,
Groenland
Trump Announces 10 Percent Tariff on European Countries in Standoff Over Greenland
THE NEW YORK TIMES: The president escalated his drive to take charge of the Danish territory, targeting eight countries with tariffs.
President Trump announced in a social media post on Saturday morning his latest strategy to get control of Greenland: He is slapping new tariffs on a bloc of European nations until they come to the negotiating table to sell Greenland.
Greenland is a territory of Denmark, which will be hit with a 10 percent tariff on all goods sent to the United States beginning on Feb. 1, Mr. Trump wrote in a social media post. Norway, Sweden, France, Germany, Britain, the Netherlands and Finland, fellow NATO members that have expressed solidarity with Denmark in its refusal to yield to Mr. Trump’s demands, will also be subject to the 10 percent tariff. If those nations do not relent, he added, the rate will increase to 25 percent on June 1, “until such time as a Deal is reached for the Complete and Total purchase of Greenland.”
The threat comes as the Supreme Court weighs overturning the legal authority that the president would likely use to impose these tariffs. The court is set to rule in the coming weeks on Mr. Trump’s use of an emergency law, the International Emergency Economic Powers Act, which the president has used to threaten tariffs at a whim against numerous countries over the past year.
If the court rules against Mr. Trump, the president may not be able to impose tariffs like this. He would have to rely on other legal authorities that require him to carry out investigations, or meet other standards. » | Shawn McCreesh and Ana Swanson | Shawn McCreesh reported from Palm Beach, Fla., and Ana Swanson from Washington. | Saturday, January 17, 2026
There are tantrums and there are tantrums! Trump’s tantrums take the biscuit! A spoilt child will get his way, unless the parents are firm. And firmness is what is called for in European politicians at this time. This man MUST NOT be allowed to have his way, WHATEVER THE COST. Greenland MUST stay in Denmark’s possession. — © Mark Alexander
President Trump announced in a social media post on Saturday morning his latest strategy to get control of Greenland: He is slapping new tariffs on a bloc of European nations until they come to the negotiating table to sell Greenland.
Greenland is a territory of Denmark, which will be hit with a 10 percent tariff on all goods sent to the United States beginning on Feb. 1, Mr. Trump wrote in a social media post. Norway, Sweden, France, Germany, Britain, the Netherlands and Finland, fellow NATO members that have expressed solidarity with Denmark in its refusal to yield to Mr. Trump’s demands, will also be subject to the 10 percent tariff. If those nations do not relent, he added, the rate will increase to 25 percent on June 1, “until such time as a Deal is reached for the Complete and Total purchase of Greenland.”
The threat comes as the Supreme Court weighs overturning the legal authority that the president would likely use to impose these tariffs. The court is set to rule in the coming weeks on Mr. Trump’s use of an emergency law, the International Emergency Economic Powers Act, which the president has used to threaten tariffs at a whim against numerous countries over the past year.
If the court rules against Mr. Trump, the president may not be able to impose tariffs like this. He would have to rely on other legal authorities that require him to carry out investigations, or meet other standards. » | Shawn McCreesh and Ana Swanson | Shawn McCreesh reported from Palm Beach, Fla., and Ana Swanson from Washington. | Saturday, January 17, 2026
There are tantrums and there are tantrums! Trump’s tantrums take the biscuit! A spoilt child will get his way, unless the parents are firm. And firmness is what is called for in European politicians at this time. This man MUST NOT be allowed to have his way, WHATEVER THE COST. Greenland MUST stay in Denmark’s possession. — © Mark Alexander
Labels:
Donald Trump,
Greenland,
tariffs
Michael Lambert: Who Ruined Britain? - The 20 People I Hold Most Responsible
Jan 17, 2026 | Britain is in a terrible state — economically, politically, and socially. This did not happen by accident.
In this video, I list and comment on the 20 people (and groups) who I believe have been most responsible for Britain’s decline over the past decade.
These are my opinions, based on years of observing British politics, media, business and government — and I fully expect many viewers to disagree with parts of this list.
In this video, I list and comment on the 20 people (and groups) who I believe have been most responsible for Britain’s decline over the past decade.
These are my opinions, based on years of observing British politics, media, business and government — and I fully expect many viewers to disagree with parts of this list.
January 16, 2026
Groenland : Donald Trump menace de droits de douane les pays qui ne soutiennent pas son projet
LE FIGARO : Le président des États-Unis a redit son intention d’acquérir ce territoire de l’Arctique, malgré la fin de non-recevoir du Danemark
Donald Trump a menacé vendredi de droits de douane les pays qui ne soutiendraient pas son plan pour acquérir le Groenland, au moment où plusieurs pays européens ont annoncé y envoyer des militaires en soutien au Danemark. » | Par Le Figaro avec AFP | vendredi 16 janvier 2026
Donald Trump a menacé vendredi de droits de douane les pays qui ne soutiendraient pas son plan pour acquérir le Groenland, au moment où plusieurs pays européens ont annoncé y envoyer des militaires en soutien au Danemark. » | Par Le Figaro avec AFP | vendredi 16 janvier 2026
Labels:
Donald Trump,
Groenland
January 15, 2026
The Real Iran Is a Beautiful, Peace-loving, and Flourishing Iran
15 Jan 2026 | To all of our friends around the world.
Under the yoke of the Islamic Republic, Iran is identified in your minds with terrorism, extremism, and poverty. The real Iran is a different Iran. A beautiful, peace-loving, and flourishing Iran. It is the Iran that existed before the Islamic Republic, and it is the Iran that will rise again from its ashes the day the Islamic Republic falls.
So let me be clear about how a free Iran will act toward its neighbors and the world, after the fall of this regime. In security and foreign policy, Iran’s nuclear military program will end. Support for terrorist groups will cease immediately. A free Iran will work with regional and global partners to confront terrorism, organized crime, drug trafficking, and extremist Islamism. Iran will act as a friend and a stabilizing force in the region. And it will be a responsible partner in global security.
In diplomacy, relations with the United States will be normalized and our friendship with America and her people will be restored. The State of Israel will be recognized immediately. We will pursue the expansion of the Abraham Accords into the Cyrus accords bringing together a free Iran, Israel, and the Arab world. A new chapter will begin, grounded in mutual recognition, sovereignty, and national interest.
In energy, Iran holds some of the largest oil and gas reserves in the world. A free Iran will become a reliable energy supplier to the free world. Policy-making will be transparent. Iran’s actions will be responsible. Prices will be predictable. In transparency and governance, Iran will adopt and enforce international standards. Money laundering will be confronted. Organized corruption will be dismantled. Public institutions will answer to the people. In the economy, Iran is one of the world’s last great untapped markets. Our population is educated, modern, with a diaspora that connects it to the four corners of the world. A democratic Iran will open its economy to trade, investment, and innovation. And Iran will seek to invest in the world. Opportunity will replace isolation.
This is not an abstract vision. It is a practical one. Grounded in national interest, stability, and cooperation. To achieve this, now is the time to stand with the Iranian people.
The fall of the Islamic Republic and the establishment of a secular, democratic government in Iran will not only restore dignity to my people, it will benefit the region and the world. A free Iran will be a force for peace. For prosperity. And for partnership.
Under the yoke of the Islamic Republic, Iran is identified in your minds with terrorism, extremism, and poverty. The real Iran is a different Iran. A beautiful, peace-loving, and flourishing Iran. It is the Iran that existed before the Islamic Republic, and it is the Iran that will rise again from its ashes the day the Islamic Republic falls.
So let me be clear about how a free Iran will act toward its neighbors and the world, after the fall of this regime. In security and foreign policy, Iran’s nuclear military program will end. Support for terrorist groups will cease immediately. A free Iran will work with regional and global partners to confront terrorism, organized crime, drug trafficking, and extremist Islamism. Iran will act as a friend and a stabilizing force in the region. And it will be a responsible partner in global security.
In diplomacy, relations with the United States will be normalized and our friendship with America and her people will be restored. The State of Israel will be recognized immediately. We will pursue the expansion of the Abraham Accords into the Cyrus accords bringing together a free Iran, Israel, and the Arab world. A new chapter will begin, grounded in mutual recognition, sovereignty, and national interest.
In energy, Iran holds some of the largest oil and gas reserves in the world. A free Iran will become a reliable energy supplier to the free world. Policy-making will be transparent. Iran’s actions will be responsible. Prices will be predictable. In transparency and governance, Iran will adopt and enforce international standards. Money laundering will be confronted. Organized corruption will be dismantled. Public institutions will answer to the people. In the economy, Iran is one of the world’s last great untapped markets. Our population is educated, modern, with a diaspora that connects it to the four corners of the world. A democratic Iran will open its economy to trade, investment, and innovation. And Iran will seek to invest in the world. Opportunity will replace isolation.
This is not an abstract vision. It is a practical one. Grounded in national interest, stability, and cooperation. To achieve this, now is the time to stand with the Iranian people.
The fall of the Islamic Republic and the establishment of a secular, democratic government in Iran will not only restore dignity to my people, it will benefit the region and the world. A free Iran will be a force for peace. For prosperity. And for partnership.
Labels:
Crown Prince Reza Pahlavi,
Iran
Canada and Denmark's Shocking Greenland Deal Leaves US Reeling
Donald Trump’s Trump Greenland Threats have detonated a diplomatic crisis inside NATO—and Canada just drew a bright red line in Paris. In this video, we break down how Trump Greenland Threats to take Greenland “by force” triggered a unified European response, pushed Denmark to warn NATO itself could collapse, and prompted Canada’s new Prime Minister Mark Carney to publicly side with Denmark—then back it up with a concrete move: a Canadian consulate in Nuuk, Greenland.
You’ll hear why Carney’s language mattered, how NATO allies coordinated their message that Greenland’s future belongs to Greenlanders and Denmark alone, and why this moment could reshape Arctic security cooperation for years. We also explain the strategic stakes—from Pituffik (Thule) Space Force Base to Arctic shipping lanes and critical minerals—and why Trump Greenland Threats may be doing Russia and China a massive favor.
If you care about NATO, Arctic geopolitics, and how presidential rhetoric can fracture alliances, this is the story you can’t ignore.
Trump should be sectioned. FT! FA! — © Mark Alexander
You’ll hear why Carney’s language mattered, how NATO allies coordinated their message that Greenland’s future belongs to Greenlanders and Denmark alone, and why this moment could reshape Arctic security cooperation for years. We also explain the strategic stakes—from Pituffik (Thule) Space Force Base to Arctic shipping lanes and critical minerals—and why Trump Greenland Threats may be doing Russia and China a massive favor.
If you care about NATO, Arctic geopolitics, and how presidential rhetoric can fracture alliances, this is the story you can’t ignore.
Trump should be sectioned. FT! FA! — © Mark Alexander
Labels:
America,
Canada,
Denmark,
Greenland,
Mark Carney
USA gegen Dänemark: Marschiert Trump jetzt in Grönland ein? | Weltspiegel
15 Jan 2026 | Grönland – die größte Insel der Welt- weit abgelegen und dennoch im Mittelpunkt der Weltpolitik. US-Präsident Donald Trump sorgte für weltweites Aufsehen mit dem Vorschlag, Grönland zu kaufen – und schloss sogar einen militärischen Einsatz nicht aus. Dänemark und die grönländische Regierung wehren sich vehement gegen den US-Plan: „Grönland steht nicht zum Verkauf!“, betont die dänische Ministerpräsidentin Mette Frederiksen. Warum geraten die Arktis und vor allem Grönland zwischen die Fronten von USA, Russland und China?
US-Präsident Trump will sich strategisch wertvolle Rohstoffe und Seewege zu sichern. Grönlands strategische Lage zwischen den USA und Russland macht die Insel zu einem begehrten Militärareal, auf dem alte Verträge den Amerikanern erlauben, Stützpunkte wie die Pituffik Space Base zu betreiben. Gleichzeitig arbeiten Dänemark und Grönland daran, ihre Verteidigungskapazitäten auszubauen und kontrollieren zunehmend die Küstenregionen.
Und wie reagieren die Menschen vor Ort, deren Zukunft auf dem Spiel steht? In Nuuk, der grönländischen Hauptstadt, spürt man die Anspannung. Die grönländische Bevölkerung reagiert mit Protesten und Misstrauen auf Trumps Behgehren und die drohende Einflussnahme. Viele Menschen fürchten um ihr normales Leben und ihre Selbstbestimmung. Noch erhält Grönland jährlich hunderte Millionen Euro von Dänemark und strebt einen verantwortungsvollen Weg zur Unabhängigkeit an – eine Zukunft, die sich viele nicht durch äußere Mächte bestimmen lassen wollen.
US-Präsident Trump will sich strategisch wertvolle Rohstoffe und Seewege zu sichern. Grönlands strategische Lage zwischen den USA und Russland macht die Insel zu einem begehrten Militärareal, auf dem alte Verträge den Amerikanern erlauben, Stützpunkte wie die Pituffik Space Base zu betreiben. Gleichzeitig arbeiten Dänemark und Grönland daran, ihre Verteidigungskapazitäten auszubauen und kontrollieren zunehmend die Küstenregionen.
Und wie reagieren die Menschen vor Ort, deren Zukunft auf dem Spiel steht? In Nuuk, der grönländischen Hauptstadt, spürt man die Anspannung. Die grönländische Bevölkerung reagiert mit Protesten und Misstrauen auf Trumps Behgehren und die drohende Einflussnahme. Viele Menschen fürchten um ihr normales Leben und ihre Selbstbestimmung. Noch erhält Grönland jährlich hunderte Millionen Euro von Dänemark und strebt einen verantwortungsvollen Weg zur Unabhängigkeit an – eine Zukunft, die sich viele nicht durch äußere Mächte bestimmen lassen wollen.
Labels:
Donald Trump,
Grönland
Seizing Greenland Risks ‘Monumental’ Fallout, Ex-Iceland President Warns
Labels:
Greenland
January 13, 2026
Global Central Banks Offer ‘Full Solidarity’ to US Fed’s Powell amid Trump Threats
THE GUARDIAN: Nine governors including Bank of England’s Andrew Bailey and ECB’s Christine Lagarde say independence is critical
Global central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federal Reserve chair, Jerome Powell, in the face of the latest threat to his independence from Donald Trump’s White House.
“The independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve. It is therefore critical to preserve that independence, with full respect for the rule of law and democratic accountability,” the statement said.
It was signed by nine central bank governors including the Bank of England governor, Andrew Bailey, and the chair of the European Central Bank, Christine Lagarde. It was coordinated by the Basel-based Bank for International Settlements, which added its chair and general manager to the signatories.
Other signatories to the unprecedented statement include the central bank governors of Australia, Sweden, Denmark, Switzerland, Brazil, South Korea and Canada. More names are expected to be added later on Tuesday.
They pay testament to Powell’s “integrity” and “unwavering commitment to the public interest”, calling him a “respected colleague who is held in the highest regard by all who have worked with him”. » | Heather Stewart, Economics editor | Tuesday, January 13, 2026
Global central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federal Reserve chair, Jerome Powell, in the face of the latest threat to his independence from Donald Trump’s White House.
“The independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve. It is therefore critical to preserve that independence, with full respect for the rule of law and democratic accountability,” the statement said.
It was signed by nine central bank governors including the Bank of England governor, Andrew Bailey, and the chair of the European Central Bank, Christine Lagarde. It was coordinated by the Basel-based Bank for International Settlements, which added its chair and general manager to the signatories.
Other signatories to the unprecedented statement include the central bank governors of Australia, Sweden, Denmark, Switzerland, Brazil, South Korea and Canada. More names are expected to be added later on Tuesday.
They pay testament to Powell’s “integrity” and “unwavering commitment to the public interest”, calling him a “respected colleague who is held in the highest regard by all who have worked with him”. » | Heather Stewart, Economics editor | Tuesday, January 13, 2026
Labels:
Federal Reserve
Charles Moore - Margaret Thatcher: A Free Market Legacy | Full Length
Labels:
free markets,
Margaret Thatcher
Margaret Thatcher: Peace & the EU
23 Apr 2024 | The European Community, now called the European Union, was started for one reason alone: to create lasting peace and security between its members following the most devastating war the world had ever known.
Don’t take my [Jon Danzig’s] word for it. This is what UK Prime Minister, Margaret Thatcher, said to the European Parliament on 9 December 198:
Don’t take my [Jon Danzig’s] word for it. This is what UK Prime Minister, Margaret Thatcher, said to the European Parliament on 9 December 198:
“70 years ago Europe had just experienced, on the battlefields of Verdun and the Somme, the bloodiest fighting, the most tragic waste of a generation, that the world has ever known. “The Second World War was to bring further heartbreak and destruction. “Our Community was conceived and constructed to ensure that this experience would never be repeated, to bring about a lasting peace within Western Europe, to replace antagonism with friendship and cooperation, to deepen and broaden Europe’s democratic tradition.” Mrs Thatcher added: “And let us never forget that the aftermath of war produced two great ideas which have shaped our destiny ever since. “One was the NATO Alliance, the other the European Community.”Throughout her premiership, and previously as an MP, and then leader of the Opposition, Mrs Thatcher was a strong supporter of the European Community project. In particular, she helped to design and promote the EU’s crown jewel: its Single Market, which has transformed and enriched the continent of Europe. …
What's behind Germany's Strategic Pivot toward the Global South? | DW News
January 12, 2026
Jared Yates Sexton on a Post-neoliberal Vision for America, When the Scourge of Trumpism Is Over
ANTHONY DAVIS can be supported on Patreon here.
It cracks me up when I hear pundits and politicians alike repeat the mantra that America is the richest country in the world. Don’t these people know that America is on its ARSE? America’s NATIONAL DEBT is approximately $38.4 TRILLION. So, how can it possibly be the “richest country in the world”? The country, like most of its citizens, is living on TICK, on CREDIT that other countries like China kindly offer the PROFLIGATE Americans TO BAIL THEM OUT. The notion that America is the richest country in the world is, quite frankly, A LOAD OF BOLLOCKS. — © Mark Alexander
Labels:
Donald Trump,
neo-liberalism,
Trump regime,
Trumpism
Federal Prosecutors Open Investigation Into Fed Chair Powell
THE NEW YORK TIMES: The investigation, which is said to center on renovations of the Federal Reserve’s headquarters in Washington, signals an escalation in the long-running clash between President Trump and the chair.
The U.S. attorney’s office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation.
The inquiry, which includes an analysis of Mr. Powell’s public statements and an examination of spending records, was approved in November by Jeanine Pirro, a longtime ally of President Trump who was appointed to run the office last year, the officials said.
The investigation escalates Mr. Trump’s long-running feud with Mr. Powell, whom the president has continually attacked for resisting his demands to slash interest rates significantly. The president has threatened to fire the Fed chair — even though he nominated Mr. Powell for the position in 2017 — and raised the prospect of a lawsuit against him related to the $2.5 billion renovation, citing “incompetence.”
Mr. Trump told The New York Times in an interview last week that he had decided on who he wants to replace Mr. Powell as Fed chair. He is expected to soon announce his decision. Kevin A. Hassett, Mr. Trump’s top economic adviser, is a front-runner for the top job. While Mr. Powell’s term as chair ends in May, his term as a governor runs through January 2028. Mr. Powell has not disclosed whether he plans to stay on at the central bank beyond this year.
Mr. Powell, in a rare video message released by the Fed, acknowledged on Sunday that the Justice Department had served the central bank with grand jury subpoenas days earlier. He described the investigation as “unprecedented” and questioned the motivation for the move, even as he affirmed that he carried out his duties as chair “without political fear or favor.” » | Glenn Thrush and Colby Smith | Sunday, January 11, 2026
The U.S. attorney’s office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation.
The inquiry, which includes an analysis of Mr. Powell’s public statements and an examination of spending records, was approved in November by Jeanine Pirro, a longtime ally of President Trump who was appointed to run the office last year, the officials said.
The investigation escalates Mr. Trump’s long-running feud with Mr. Powell, whom the president has continually attacked for resisting his demands to slash interest rates significantly. The president has threatened to fire the Fed chair — even though he nominated Mr. Powell for the position in 2017 — and raised the prospect of a lawsuit against him related to the $2.5 billion renovation, citing “incompetence.”
Mr. Trump told The New York Times in an interview last week that he had decided on who he wants to replace Mr. Powell as Fed chair. He is expected to soon announce his decision. Kevin A. Hassett, Mr. Trump’s top economic adviser, is a front-runner for the top job. While Mr. Powell’s term as chair ends in May, his term as a governor runs through January 2028. Mr. Powell has not disclosed whether he plans to stay on at the central bank beyond this year.
Mr. Powell, in a rare video message released by the Fed, acknowledged on Sunday that the Justice Department had served the central bank with grand jury subpoenas days earlier. He described the investigation as “unprecedented” and questioned the motivation for the move, even as he affirmed that he carried out his duties as chair “without political fear or favor.” » | Glenn Thrush and Colby Smith | Sunday, January 11, 2026
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