Vulcan Insight: Analysis of the Latest EU Developments

News

Key Events This Week

Brexit: Phase 2 begins

On Wednesday, European Commission President Ursula von der Leyen took a trip to London to meet with Boris Johnson, their first face-to-face encounter as the new leaders of their respective blocs. In a speech to the London School of Economics, von der Leyen said the EU would “go as far as we can” on a deal of “unprecedented scale”. Keep reading

Digital tax dispute rumbles on

France and the United States have agreed to “double their efforts in the coming days to try and reach a compromise on digital taxation within the OECD“. The agreement comes after a phone call on Monday, January 6 between French Economy Minister Bruno Le Maire and US Treasury Secretary Steven Mnuchin. Mr. Le Maire is due to meet with Mr. Mnuchin at the World Economic Forum meeting in Davos, Switzerland later this month. Keep reading.

U.S. killing of General Suleimani threatens ISIS resurgence

Early last Friday a U.S. drone strike near Baghdad airport killed Qassin Suleimani, the leader of Iran’s Revolutionary Guards’ Quds Force, the security apparatus that extends beyond the country’s frontier. In response, Iran’s supreme leader, Ayatollah Ali Khamenei, called for “forceful revenge” and three days of national mourning, accordingly a missile attack on a U.S. base in Iraq five days later. Keep reading.

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