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
May 24, 2026
Sandra Navidi warnt vor Trumps Machtanspruch
Die Amerikaner müssen das dümmste Volk der Welt sein, um einen solchen Präsidenten zweimal zu wählen. Trump ruiniert die amerikanische Wirtschaft und das Gleiche tut er auch mit der Weltwirtschaft. Und trotzdem dulden die Amerikaner diesen Quatsch! — © Mark Alexander
Labels:
Donald Trump,
Sandra Navidi
Trump Is Setting His Sights on Restricting Legal Immigration
THE NEW YORJ TIMES: After a year focused on immigrants here illegally, the Trump administration is now making it harder for legal migrants to stay in the country. It is a risky pivot.
The Trump administration has pulled back its aggressive operations in cities like Chicago and Minneapolis after bad polling indicated the crackdown on illegal immigration was unpopular.
In its wake, however, a new approach is emerging on legal immigration, one that makes it harder for those abroad to enter the United States, and for those already here on a temporary basis to stay. In recent months, Trump administration officials have discussed the legal immigration system as rife with fraud and abuse, and in need of wholesale reform.
The increasingly tough tack on legal immigration was underscored Friday when the Department of Homeland Security announced a policy requiring most immigrants seeking green cards to leave the United States while they wait long periods of time for their applications to be processed.
Green cards are granted to legal permanent residents who have been vetted by the government and are one step away from becoming citizens. The policy caused immigration attorneys to scramble to understand the scope of a process that had long avoided being targeted. » | Hamed Aleaziz | Reporting from Washington | Saturday, May 23, 2026
The Trump administration has pulled back its aggressive operations in cities like Chicago and Minneapolis after bad polling indicated the crackdown on illegal immigration was unpopular.
In its wake, however, a new approach is emerging on legal immigration, one that makes it harder for those abroad to enter the United States, and for those already here on a temporary basis to stay. In recent months, Trump administration officials have discussed the legal immigration system as rife with fraud and abuse, and in need of wholesale reform.
The increasingly tough tack on legal immigration was underscored Friday when the Department of Homeland Security announced a policy requiring most immigrants seeking green cards to leave the United States while they wait long periods of time for their applications to be processed.
Green cards are granted to legal permanent residents who have been vetted by the government and are one step away from becoming citizens. The policy caused immigration attorneys to scramble to understand the scope of a process that had long avoided being targeted. » | Hamed Aleaziz | Reporting from Washington | Saturday, May 23, 2026
Labels:
Donald Trump,
immigration,
USA
May 23, 2026
Defiant After Bad Week, Trump Pushes Ahead on Politically Unpopular Ideas
THE NEW YORK TIMES: President Trump continues to act like he’s politically all-powerful, even in the face of indications that he is not.
By pretty much any estimation, President Trump has had a very bad week.
New poll numbers show his approval rating has hit a second-term low. He is weighing whether to restart a bombing campaign in an unpopular war against Iran. Gas prices are high and inching higher heading into Memorial Day weekend. And his grip over Republican lawmakers is beginning to slip after he proposed a pair of deeply unpopular spending items, prompting an unusual revolt from the Senate.
When faced with such a backlash ahead of midterm elections, many politicians would pivot, redirecting their focus to issues they are on stronger footing with.
But Mr. Trump has decided to double down, presenting himself as politically all-powerful even in the face of indications that he is not.
Over the years, Mr. Trump has often appeared to have an air of invincibility. He survived assassination attempts and won re-election despite being under multiple criminal indictments. He has successfully exacted retribution on many a perceived enemy. Now, with less than three years left in office, he seems comfortable burning whatever political capital he has in order to leave his legacy, even if it drags his party down in the process. » | Luke Broadwater | Luke Broadwater covers the White House. He reported from Washington. | Saturday, May 23, 2026
Labels:
Donald Trump
EU and Mexico Seal Trade Deal to Reduce Reliance on US | DW News
Labels:
European Union,
Mexico,
trade deal
Rob Groves: Would Burnham’s Labour Finally Kill Off Brexit?
Brexit could only have appealed to Brexiteers on an emotional level. It couldn’t possibly have appealed to them on an intellectual level. How can I say this? Because Brexit defied common sense and because it defied all sensible laws of economics.
Voters were manipulated and hoodwinked into voting for Brexit by the few that were going to make a killing from it. Those arch-Brexiteers who led the people to drink from the poisoned chalice couldn’t have cared a damn for the well-being of the electorate because there were simply no real, concrete benefits attached to exiting the European Union.
As a result of Brexit, the British economy has suffered greatly: it has suffered a serious contraction. And people have suffered, too: they are much, much poorer than they ever needed to be. They have also lost all their rights as European citizens. That means FA to the superrich, of course, because they can afford to pay hundreds of thousands of pounds to buy back those lost privileges. But that is a luxury the average voter cannot afford.
Actually, Brexit brought with it a serious loss of rights and privileges. Here are just a few of them: Brits have lost the right to move to any EU nation to work, live, and retire; they have lost the right to move around Europe freely, and to stay for as long as they wanted; they have lost their right to free healthcare, even when on holiday, and in any EU nation; they have lost their right to vote in any EU election when living in an EU nation; and they have lost robust consumer protections as well. And all this just to fulfil and cater to the wet dreams of benighted europhobes and xenophobes! — © Mark Alexander
Labels:
Brexit
Why the Breath Is Leaving Trump's Regime | Steve Schmidt
Trump STINKS of CORRUPTION! How much longer are Americans going to tolerate this S***? Enough is enough! Don’t just lie down and play dead: Do something about it! This man is STEALING innocent, hard-working Americans’ tax dollars, their hard-earned money. — © Mark Alexander
Labels:
corruption,
Donald Trump
May 22, 2026
UK Pitched Single Market for Goods with EU in Pursuit of Deeper Trade Ties
THE GUARDIAN: Exclusive: Top British official presented idea in Brussels but sources say it was rebuffed
This screenshot has been taken from this Guardian article. | UK government sources denied the EU had definitively rejected a single market for goods. Photograph: Steve Parsons/PA
The UK government pitched the creation of a single market for goods with the EU as the cornerstone of an ambitious attempt to reintegrate British trade back into Europe, the Guardian can reveal.
During recent visits to Brussels, the Cabinet Office’s top official on EU relations, Michael Ellam, presented the idea to deepen the UK’s economic relationship with the bloc.
But in a sign of the challenge Keir Starmer’s government faces in securing growth through a closer relationship with Europe, sources told the Guardian that EU officials rejected the idea – and instead suggested a customs union or economic alignment through the European Economic Area.
Those ideas are impossible under Starmer’s red lines. He said in 2024 the UK would not rejoin the EU, the single market or customs union in his lifetime. The EEA – a single market of 30 mostly EU countries – would also mean accepting free movement of people, another Labour red line.
UK government sources however, denied that the EU had definitively rejected a single market for goods and said it was among a range of options being discussed before a summit tentatively pencilled in for 13 July. » | Jennifer Rankin in Brussels and Rowena Mason | Friday, May 22, 2026
The UK government pitched the creation of a single market for goods with the EU as the cornerstone of an ambitious attempt to reintegrate British trade back into Europe, the Guardian can reveal.
During recent visits to Brussels, the Cabinet Office’s top official on EU relations, Michael Ellam, presented the idea to deepen the UK’s economic relationship with the bloc.
But in a sign of the challenge Keir Starmer’s government faces in securing growth through a closer relationship with Europe, sources told the Guardian that EU officials rejected the idea – and instead suggested a customs union or economic alignment through the European Economic Area.
Those ideas are impossible under Starmer’s red lines. He said in 2024 the UK would not rejoin the EU, the single market or customs union in his lifetime. The EEA – a single market of 30 mostly EU countries – would also mean accepting free movement of people, another Labour red line.
UK government sources however, denied that the EU had definitively rejected a single market for goods and said it was among a range of options being discussed before a summit tentatively pencilled in for 13 July. » | Jennifer Rankin in Brussels and Rowena Mason | Friday, May 22, 2026
Michael Lambert: Trump's $700 Billion Disaster | Why He Thinks He's Greater Than Alexander
May 22, 2026 | Donald Trump, the coiffured orange buffoon, has started a war that's cost the world $700 billion — and he genuinely believes history will remember him alongside Alexander the Great.
In this video I explain why the exact opposite is true. From his delusions of imperial grandeur — a Versailles ballroom, an Arc de Trump, his face on banknotes and passports — to a cabinet of sycophants and a Treasury Secretary who couldn't tell the truth about who pays tariffs, this is the story of a president who has lost his grip on reality.
And it gets worse. His war on Iran has thrown the Middle East into chaos, blocked the Strait of Hormuz, and the economic fallout is hitting Britain too — higher petrol prices, disrupted trade, all on top of the damage already done by Brexit.
Meanwhile, his biggest cheerleader in the UK is Nigel Farage — the same man who gave you Brexit and told you we'd have £350 million a week for the NHS. If you think Trump's America is a disaster, imagine Farage's Britain. …
I loved Michael Lambert’s colourful description of the failed president as the “coiffured orange buffoon” in the White House! It caused me to burst into laughter!
I totally agree with Michael’s synopsis. Both of the situation in America and of the situation in the world under Trump, and of the distinctly possible scenario of Britain under our very own home-grown buffoon, Nigel Farage.
His assessment of the situation is absolutely spot-on, but oh so depressing! All we can hope for, I suppose, is a miracle to help us avert total and utter disaster. — © Mark Alexander
In this video I explain why the exact opposite is true. From his delusions of imperial grandeur — a Versailles ballroom, an Arc de Trump, his face on banknotes and passports — to a cabinet of sycophants and a Treasury Secretary who couldn't tell the truth about who pays tariffs, this is the story of a president who has lost his grip on reality.
And it gets worse. His war on Iran has thrown the Middle East into chaos, blocked the Strait of Hormuz, and the economic fallout is hitting Britain too — higher petrol prices, disrupted trade, all on top of the damage already done by Brexit.
Meanwhile, his biggest cheerleader in the UK is Nigel Farage — the same man who gave you Brexit and told you we'd have £350 million a week for the NHS. If you think Trump's America is a disaster, imagine Farage's Britain. …
I loved Michael Lambert’s colourful description of the failed president as the “coiffured orange buffoon” in the White House! It caused me to burst into laughter!
I totally agree with Michael’s synopsis. Both of the situation in America and of the situation in the world under Trump, and of the distinctly possible scenario of Britain under our very own home-grown buffoon, Nigel Farage.
His assessment of the situation is absolutely spot-on, but oh so depressing! All we can hope for, I suppose, is a miracle to help us avert total and utter disaster. — © Mark Alexander
Labels:
Donald Trump,
Nigel Farage
Investitionen, Zölle, Rohstoffe: Mexiko und EU besiegeln neues Abkommen
BERLINER ZEITUNG: Mehr als 90 Prozent des Handels sollen künftig ohne Zölle abgewickelt werden. Gegen die Ratifizierung mobilisiert ein Bündnis aus Gewerkschaften und Umweltgruppen.
Die Europäische Union und Mexiko wollen am Freitag in Mexiko-Stadt ein modernisiertes Handels- und Partnerschaftsabkommen unterzeichnen. Der neue Vertrag soll nach Ratifikation das seit dem Jahr 2000 geltende Globalabkommen ersetzen. Das Dokument wird die Unterschriften von Mexikos Präsidentin Claudia Sheinbaum, EU-Kommissionspräsidentin Ursula von der Leyen und Ratspräsident António Costa tragen.
Vorgezogenes Handelsabkommen noch 2026
Parallel wollen beide Seiten ein vorgezogenes reines Handelsabkommen unterzeichnen, das vor dem Gesamtpaket in Kraft treten soll. EU-Handelskommissar Maroš Šefčovič sagte beim Unternehmergipfel am Donnerstag laut der Tageszeitung El Universal, dieses Interimsabkommen solle noch 2026 wirksam werden. Nötig seien dafür noch die Ratifizierung durch den mexikanischen Senat und die EU-Seite. » | Peter Steiniger | Freitag, 22. Mai 2026
Die Europäische Union und Mexiko wollen am Freitag in Mexiko-Stadt ein modernisiertes Handels- und Partnerschaftsabkommen unterzeichnen. Der neue Vertrag soll nach Ratifikation das seit dem Jahr 2000 geltende Globalabkommen ersetzen. Das Dokument wird die Unterschriften von Mexikos Präsidentin Claudia Sheinbaum, EU-Kommissionspräsidentin Ursula von der Leyen und Ratspräsident António Costa tragen.
Vorgezogenes Handelsabkommen noch 2026
Parallel wollen beide Seiten ein vorgezogenes reines Handelsabkommen unterzeichnen, das vor dem Gesamtpaket in Kraft treten soll. EU-Handelskommissar Maroš Šefčovič sagte beim Unternehmergipfel am Donnerstag laut der Tageszeitung El Universal, dieses Interimsabkommen solle noch 2026 wirksam werden. Nötig seien dafür noch die Ratifizierung durch den mexikanischen Senat und die EU-Seite. » | Peter Steiniger | Freitag, 22. Mai 2026
Labels:
Eurropäische Union,
Mexico
« Leur système économique ne fonctionne pas » : les États-Unis se disent «déterminés» à imposer un changement à Cuba
LE FIGARO : Marco Rubio, lui-même d’origine cubaine et farouche opposant au gouvernement communiste, a cependant dit que les États-Unis espéraient éviter le recours à la force et privilégier « une solution diplomatique ».
Le secrétaire d'État américain Marco Rubio a averti jeudi Cuba que les États-Unis étaient « déterminés » à imposer un changement dans l'île communiste, au lendemain de l'inculpation par la justice américaine de l'ex-président cubain Raul Castro. « Leur système économique ne fonctionne pas. Il est défaillant, et on ne peut pas le réparer avec le système politique actuel », a déclaré Marco Rubio aux journalistes depuis sa ville natale de Miami.
« Ce à quoi ils se sont habitués toutes ces années, c'est simplement de gagner du temps et d'attendre que nous nous lassions », a-t-il ajouté. « Ils ne pourront ni faire traîner les choses ni gagner du temps. Nous sommes très sérieux, très déterminés. » Le chef de la diplomatie américaine, lui-même d'origine cubaine et farouche opposant au gouvernement communiste, a cependant dit que les États-Unis espéraient éviter le recours à la force et privilégier « une solution diplomatique ». » | Par Le Figaro avec AFP | vendredi 22 mai 2026
Je ne suis absolument pas un partisan du communisme, mais affirmer que le système économique cubain ne fonctionne pas est aussi ridicule que stupide. Pour que le système économique cubain puisse fonctionner, il faut le laisser tranquille. Aucun système économique, qu'il soit communiste ou capitaliste, ne peut fonctionner s'il est soumis à des sanctions permanentes et qu'on ne lui laisse aucune chance de se développer. Les déclarations dénonçant le dysfonctionnement du système économique cubain ne sont que des manœuvres de tromperie. La Maison Blanche le sait pertinemment, mais cela sert son discours belliqueux et son intention d'envahir l'île. — © Mark Alexander
Le secrétaire d'État américain Marco Rubio a averti jeudi Cuba que les États-Unis étaient « déterminés » à imposer un changement dans l'île communiste, au lendemain de l'inculpation par la justice américaine de l'ex-président cubain Raul Castro. « Leur système économique ne fonctionne pas. Il est défaillant, et on ne peut pas le réparer avec le système politique actuel », a déclaré Marco Rubio aux journalistes depuis sa ville natale de Miami.
« Ce à quoi ils se sont habitués toutes ces années, c'est simplement de gagner du temps et d'attendre que nous nous lassions », a-t-il ajouté. « Ils ne pourront ni faire traîner les choses ni gagner du temps. Nous sommes très sérieux, très déterminés. » Le chef de la diplomatie américaine, lui-même d'origine cubaine et farouche opposant au gouvernement communiste, a cependant dit que les États-Unis espéraient éviter le recours à la force et privilégier « une solution diplomatique ». » | Par Le Figaro avec AFP | vendredi 22 mai 2026
Je ne suis absolument pas un partisan du communisme, mais affirmer que le système économique cubain ne fonctionne pas est aussi ridicule que stupide. Pour que le système économique cubain puisse fonctionner, il faut le laisser tranquille. Aucun système économique, qu'il soit communiste ou capitaliste, ne peut fonctionner s'il est soumis à des sanctions permanentes et qu'on ne lui laisse aucune chance de se développer. Les déclarations dénonçant le dysfonctionnement du système économique cubain ne sont que des manœuvres de tromperie. La Maison Blanche le sait pertinemment, mais cela sert son discours belliqueux et son intention d'envahir l'île. — © Mark Alexander
Labels:
Cuba,
États-Unis
Trump's Failure in Iran Has Turned US into a Global 'Loser' | Professor Robert Pape
Trump is a failed president! — © Mark Alexander
Labels:
Donald Trump,
Iran War
Exclusive Interview with the Hungarian Prime Minister Péter Magyar
What a delightful and sensible political leader! Very likeable indeed. A breath of fresh air after the corrupt Orbán with his antediluvian and fossilized ideas and thinking!
Was für ein entzückender und vernünftiger Politiker! Wirklich sehr sympathisch. Eine Wohltat nach dem korrupten Orbán mit seinen veralteten und versteinerten Ideen und seinem Denken!
Quel dirigeant politique charmant et sensé ! Vraiment très sympathique. Un vrai bol d'air frais après le corrompu Orbán et ses idées archaïques et dépassées ! — © Mark Alexander
Labels:
Austria,
Europe,
Hungary,
Österreich,
Péter Magyar,
Vienna,
Wien
Steve Rosenberg: "Russia and Belarus Flex Their Nuclear Muscles," Reports Russian Paper
Labels:
Russia,
what the papers say
May 21, 2026
Trump’s Corruption Scandal Just Exploded
So why are Americans tolerating Trump’s corruption? — © Mark Alexander
Labels:
corruption,
Donald Trump
Inside the Broligarchy: Is Big Tech Running US Politics? | DW News
Labels:
broligarchy,
techno-fascism
Why Cuban Cigars Are So Expensive | So Expensive
Jul 11, 2026 | Cuban cigars hold a reputation as the world's most opulent tobacco product. A box of good quality Habanos can cost thousands of dollars.
Every hand-rolled Cuban cigar goes through about 500 manual tasks from seed to cigar. But over the last 25 years, cigars made in other countries in the Caribbean and Central America have become comparable in quality, consistency, and cost.
Some experts suggest that up to 95% of all Cuban cigars in the US, which hasn't allowed the import of Cuban cigars since the 1962 embargo, are actually counterfeit.
So why are Cuban cigars so desirable? And is that why they're so expensive?
Every hand-rolled Cuban cigar goes through about 500 manual tasks from seed to cigar. But over the last 25 years, cigars made in other countries in the Caribbean and Central America have become comparable in quality, consistency, and cost.
Some experts suggest that up to 95% of all Cuban cigars in the US, which hasn't allowed the import of Cuban cigars since the 1962 embargo, are actually counterfeit.
So why are Cuban cigars so desirable? And is that why they're so expensive?
Labels:
cigars,
Cuba,
Cuban cigars,
smoking
Guerre au Moyen-Orient : l’inflation va quasiment doubler en Europe cette année
LE FIGARO : La Commission prévoit désormais une croissance de 1,1 %, cette année, après 1,5 % en 2025. La projection a été abaissée de 0,3 point. L’inflation repart en forte hausse sous l’effet du choc énergétique. » | Par Anne de Guigné | jeudi 21 mai 2026
Labels:
économie,
guerre en Iran
Steve Rosenberg: No Deal on Gas Pipeline at Putin-Xi Meeting
Labels:
Russia,
what the papers say
Clearly They Don’t Like…’: Kallas Blasts Vance, Trump for ‘Profound Hostility’ to Europe
Labels:
Donald Trump,
European Union,
JD Vance,
Kaja Kallas
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