Press

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.

Deutschland’s Wirtschaftsmodell – sparen, während andere konsumieren – ist [jetzt] eine Sackgasse. Das zeigen Brad Setser & Sander Tordoir in ihrem neuen Papier schonungslos auf. 

«Ce qu’elle tente de faire, c’est de rapprocher la position de Donald Trump de celle de l’Europe, c’est-à-dire de chercher à construire une négociation qui ne soit pas catastrophique pour l’Ukraine, analyse Luigi Scazzieri, directeur adjoint du think tank Centre for European Reform. 

“Most politicians on the centre-left and centre-right recognise that immigration is needed to ease demographic pressures,” said John Springford, an associate fellow at the Centre for European Reform think-tank. “They have sought to focus on tougher – and often inhumane – asylum rules in the hope that stricter border enforcement will provide political cover for higher regular immigration.

Gli economisti Sander Tordoir e Brad Setser ricordano che il primo «choc cinese» all’inizio del secolo falcidiò l’industria del tessile e degli elettrodomestici in Italia, ma il secondo sta falcidiando l’industria dell’auto in Germania. Dal 2019 al 2023 la quota di mercato dei modelli tedeschi di alta gamma in Cina è collassata dal 79% al 45% e il crollo non è finito.

US allies sense a change in tone from the president since his inauguration last month, said Charles Grant, director of the Centre for European Reform, a London-based research group.“Though Trump has said a lot of things to worry a lot of people on tariffs, on trade, on Gaza and so on, he hasn't yet said anything particularly crazy from a European point of view about Ukraine or NATO. He hasn't repeated his threat to pull out of NATO. He said the Europeans should spend more [on defense] but most of us agree with him on that. He hasn't said he's going to cut off all aid for Ukraine,” Grant told VOA.