In an unstable world, we could hope that Europe would be able to constitute a pocket of stability and even to contribute to cool tensions. American diplomacy is disturbing with the threats uttered to North Korea and the breaking off with Iran. The denunciation of multilateral trade agreements and the projects about the taxation of imports coming from neighbors, Mexico and Canada, from European Union and China are creating an unprecedented situation and a danger for world trade and growth. The denunciation of the nuclear agreement with Iran and the threats which are going along, the war in the Middle ...

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The debate which took place during the last European economy ministers meeting about digital enterprises taxation has not found a conclusion, despite the European Commission support. International context was definitely not favorable. Most of these companies being American, a decision carried the risk to look like a riposte to Donald Trump protectionist moves when Europe was negotiating an exemption for the duties on aluminum and steel. It was useless to give the impression to outbid and to increase tensions when financial markets are nervous and fear the launch of a real trade war which would have negative consequences on growth ...

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The in principle provisional agreement between CDU-CSU and SPD to form a large coalition in order to govern Germany which has been settled before the last weekend is a first step. SPD, during a meeting which will occur January 21^st has still to approve it. Already, during the last days, conflicting voices expressed themselves inside the party. If, at the end, green light is given, a deeper negotiation which could last during some more weeks will occur and, maybe, permit to form a government and put an end to the longest political crisis Germany has known since the war ...

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