Merkel Calls Out Trump, Citing Services Surplus With Europe

Merkel Calls Out Trump, Citing Services Surplus With Europe

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 […]

Europe's Ticking Time Bomb: Wage Inequality

Europe's Ticking Time Bomb: Wage Inequality

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 […]

Why Trump Clashes With Europe

Why Trump Clashes With Europe

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 […]

This Week in Europe: Spain changes governments, AfD leader's clothes stolen, and more

This Week in Europe: Spain changes governments, AfD leader's clothes stolen, and more

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 […]

How we all colluded in Fortress Europe

How we all colluded in Fortress Europe

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 […]

Trump dismisses Europe's trade pitch

Trump dismisses Europe's trade pitch

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 — […]

Europe Resolve on Iran Deal Weakening, Israel Says

Europe Resolve on Iran Deal Weakening, Israel Says

Aides to Israeli Prime Minister Benjamin Netanyahu say they believe he has made progress in persuading Western powers that they need to do more to counter Iranian influence in the Middle East and contain Tehran’s military ambitions in the region. His trip to Western Europe comes amid some objections to the U.S. decision to pull […]

European markets lower ahead of G-7 summit

European markets lower ahead of G-7 summit

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 […]

Flying to Europe this summer? Join the club

Flying to Europe this summer? Join the club

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 […]