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Europe bad and good

The US will never be as great again

Europe bad and good By 22 January, 2021 No Comments

Americans have a new president but not a new country. While most Europeans rejoiced at Joe Biden’s victory in the November US presidential election, they do not think he can help America make a comeback as the pre-eminent global leader. This is the key finding of a pan-European survey of more than 15,000 people in 11 countries commissioned by the European Council on Foreign Relations and conducted in November and December by Datapraxis and YouGov.

A survey shows that Europeans’ attitudes towards the United States have undergone a massive change. Majorities in key member states now think the US political system is broken, that China will be more powerful than the US within a decade, and that Europeans cannot rely on the US to defend them. They are drawing radical consequences from these lessons. Large numbers think Europeans should invest in their own defence and look to Berlin rather than Washington as their most important partner. They want to be tougher with the US on economic issues. And, rather than aligning with Washington, they want their countries to stay neutral in a conflict between the US and Russia or China.

Worldwide goal: no coal

Europe bad and good By 14 January, 2021 No Comments

China is in volume the country with the most installed renewable energy plants, but its investment in coal worldwide destroys every good effort in the long run. It’s first direct investment in Turkey, the Hunutlu Power Plant, is an environmental sin and besides it is not profitable at all.  Based on an investment cost of $1.7 billion, Hunutlu coal-fired thermal power plant will only break even 26 years after becoming operational. When the construction period is added to the calculation, break-even period extends to 30 years. Based on an investment cost of $2.1 billion, the plant is unable to pay back the investment over its 30-year long economic life in Adana, Turkey. The report ‘Feasibility of Coal in the Age of Renewable Energy: Hunutlu Thermal Power Plant Case‘, jointly prepared by WWF Turkey and SEFiA (Sustainable Economy and Financial Research Association), analyses 16 different scenarios with variables related to electricity price and calorific value under different capital and fixed operational costs. It turned out that in none of these scenarios did the plant make a profit.

Germany is stronger than ever

Europe bad and good By 3 January, 2021 No Comments

While other nations as USA and Russia fall as brands due to their pseudo cold war play that shifted from Asia and Europe to Africa, Angela Merkel has made out of Germany much more than just a “made in Germany”. The country has become a brand for global values and virtues after being the most destructive country in the world. A nation admired for its stable leadership, Germany is right now the world’s strongest nation brand, BSI score of 84.9 out of 100.

Lockdowns and economic impact

Europe bad and good By 30 November, 2020 No Comments

In times of crisis, the economy is usually the first port of call for disaster—and the impact can be felt for many years after. The Bank of England says that history has proven there are two certain things when it comes to financial crises: another one will follow, and it will be different from the last one. Our world has changed dramatically over the best part of a year. A rare disaster of a global pandemic never before seen in our lifetime has resulted in countries introducing necessary quarantines and social distancing measures in a bid to curb the spread of the virus. This has had a negative but necessary effect on our economies. A crisis bringing great uncertainty, governments are providing support to workers, businesses, and financial markets to guide us towards a strong recovery. However, there is doubt about what our global economic landscape will look like when things return to normal.

Youth and politics – our future

Europe bad and good By 28 November, 2020 No Comments

How to engage youths in democratic politics has become a headache of a sort to social crusaders, political scientists, media practitioners and so many other groups in Nigeria and by extension, international. This question has continued since 1999 the country started to practice democracy after 35yrs the military held sway in the leadership of the country. Since the democratic dispensation, the country has spent billions of Dollars in electoral processes. Likewise, some international unions like the European Union, EU, can swank of supporting and strengthening Nigeria’s democracy and electoral processes with not less than 100 million Euros. This, the EU can say, were supported by means of democratic institutions, the electoral processes, legislatures and all electoral stakeholders.

Germany’s leadership in pandemic is worldwide accepted

Europe bad and good By 27 November, 2020 No Comments

66% of survey respondents expect institutional investors to increase their exposure to Germany over the next 12 months 40% of institutional investors expect German economic growth to exceed the forecast of 4.4%, compared to 20% who think it will be lower than this. A new survey of institutional investors in Germany and the US who collectively manage €44.37 billion of assets, reveals 80% believe the German Government has delivered a much more comprehensive package to support its economy and jobs than other major nations. The findings are from MBH Corporation plc, a diversified investment holding company listed on the Frankfurt and Dusseldorf Stock Exchanges that acquires successful, well established small to medium sized enterprises across multiple geographies and sectors.