Chancellor Angela Merkel said the U.S. runs a trade surplus with Europe when services are included, marshaling a rebuff to President Donald Trump’s sustained criticism of German manufacturing exports. Merkel speaks at the Christian Democratic Union business conference. Photographer: Krisztian Bocsi/Bloomberg In a speech in Berlin, Merkel said the topic was discussed at last week’s […]
Did you know that inequality is rising? This is because the top 20% of Europeans earn five times more than the bottom 20%? We know inequality is the result of faster income growth at the top and slower than average growth at the bottom, and it’s been this slow growth of wages at the bottom […]
June 11, 2018 6:21 p.m. ET Donald Trump’s America-first diplomacy has shaken the foundations of many global institutions and alliances, but its most damaging effects so far have been on the trans-Atlantic relationship. The community of North American and European nations forming the nucleus of the alliance that won the Cold War for the West […]
A rescue boat filled with hundreds of refugees has been stranded in the Mediterranean sea after no country or port has been willing to accept it. Now the Spanish prime minister Pedro Sanchez, who took office just over a week ago, has said Spain will be allowing the rescue vessel to dock in the city of Valencia, where […]
Members of the TNF team recount big events from Europe from the past week, and point attention to news that may have passed notice. What did we miss? Comment on our Facebook page at http://facebook.com/thenewfederalist.eu ! Anti-immigration party victorious in Slovenia The Slovenian Democratic Party (SDS) received 25% of the votes in Slovenia’s elections of […]
In October 2013, a ship carrying migrants sank off the Italian island of Lampedusa. Some 300 people drowned. It was not the first time that migrants had drowned in the Mediterranean. In fact, at that time it was estimated that in the previous 25 years at least 20,000 people had died trying to reach the […]
LA MALBAIE, Canada — Days after igniting a trade war, Donald Trump declared Saturday that he wants a world free of all tariffs and trade barriers. Speaking at a news conference before leaving a G7 summit in Quebec, Trump insisted that the U.S. had long been victimized by its major allies and trading partners — […]
Talk to any long-standing observer of the trans-Atlantic relationship and you will hear that the United States and Europe are on a collision course. From climate change to the Iran nuclear deal to tariffs on steel and aluminum, the two sides of the Atlantic increasingly find themselves at odds over a long list of foreign-policy […]
On Wall Street, stocks were lower, with market sentiment offset by trade concerns with investors focused on this weekend’s summit of G-7 world leaders in Quebec. President Donald Trump‘s tariffs on steel and aluminium imports have caused upset among other G-7 members, including Canada and France. While Trump may not mind being isolated, “we don’t […]
WOW air and other low-cost carriers based in Europe are responsible for much of the growth in transatlantic flights coming to or from the U.S. WOW air, which started flying in 2012, wasn’t even serving the U.S. in the summer of 2014. Four years later it’s expected to offer more than a million seats between […]
