Author: Michel Santi

BOB = Bored of Brexit

January 22, 2019 0

As“Brexit fatigue”takes hold of us, let’s look back over the terminology relating to it. While “soft Brexit” means the UK staying in the single market according to the “Norway model”, “hard Brexit” means exiting the EU with no agreement in place but then signing a trade deal, known as the “Canada model”. However, it’s only…

By Michel Santi

The US: a rate cut to come ?

January 5, 2019 0

The US Federal Reserve, as we know, is in the process of “normalising” its monetary policy stance. That means it’s committed to gradually raising its guideline rates, after the extreme efforts during the finance crisis that led to quantitative easing. After increasing its rates four times in 2018, it has just announced two or three…

By Michel Santi

Saudi Arabia is no longer ‘too big to fail’

December 5, 2018 0

Is Saudi Arabia still an important partner to the US? The question answers itself, at least partially, with the Middle East having drastically changed since the strategic and fundamental alliance made in 1943 by President Franklin Roosevelt and King Abdulaziz Ibn Saud. It’s now a distant time when FDR boldly, vociferously claimed that “the defence…

By Michel Santi

The cabal against Carlos Ghosn

November 21, 2018 0

Carlos Ghosn’s deposition? This is in no way a legal matter, and even less so a penal one: it’s rather a palatial revolution. Nissan is profiting from crime, mainly its CEO Hiroto Saikawa, who struggled to hide his joy at dethroning Ghosn after nineteen years of sole reign over not just the companies that he…

By Michel Santi

USA 0 China 1

November 19, 2018 0

China is about to win the first leg of the trade war against the US. The latest statistics are actually shocking for the US Government, with the trade deficit with China at its highest historical level. These figures – that show a Chinese surplus of more than 37 billion dollars for the month of September,…

By Michel Santi