Press

“How many foreign mining concerns are going to want to put money into those sorts of circumstances?” Ian Bond at the Centre for European Reform asks.“We are a long way from the first shovel going into the ground, let alone from minerals in usable quantities coming out of the earth.“There are already significant sources of the rare earths and most of the other minerals that Ukraine has in other friendly countries like Canada, Australia, Chile.

“The British defence industrial sector is still strong,” says Ian Bond, deputy director of the Centre for European Reform. “It makes sense to include Britain in what the European Union is doing to cope with a world in which you basically can’t be certain that the Americans would turn up if you were attacked.”

Ian Bond señala en un reciente artículo del Centre for European Reform (CER) que el aprendizaje de la primera legislatura de Trump por parte de los europeos es que podría “no hacer siempre exactamente lo que decía que quería (ya fuera construir un muro en la frontera con México o abandonar la OTAN), pero sus amenazas debían tomarse en serio, aunque no se cumplieran por sus efectos perjudiciales”.

“I am not sure how quickly the Deal can drive down energy prices,” said Elisabetta Cornago, a senior research fellow at the Centre for European Reform....Cornago notes that the “quick solution” of slashing energy taxes was already done in the aftermath of Russia's invasion of Ukraine in 2022, “but this leaves holes in public budgets so is not sustainable in the long term.”

"This isn't a headwind for German carmaking. It's a full-on storm," said Sander Tordoir, chief economist at the think-tank Centre for European Reform.

Econoom Sander Tordoir legde aan NRC uit hoe Chinese, door de staat gesubsidieerde concurrentie de Duitse industrie ondermijnt. Duitsland heeft de problemen ook aan zichzelf te wijten, vertelde Tordoir: het lijdt aan een „een antitechnologie- en antikapitaalhouding”. 

John Springford of the CER warns that the picture looks even gloomier when you measure UK performance against countries most like us — so excluding the US and Germany — and including Australia, Canada and the Netherlands.  “Trade intensity in countries whose trends most closely matched the UK’s before 2019 is about 10 per cent higher than before the pandemic. For an open economy dependent on trade for cheaper products, innovation and productivity growth, this is awful performance,” he says.