Tag Archives: President of the European Commission

That is the setting and it is not on anyone other then myself. You see, I saw the news and I saw a page that they didn’t advertise, as such I gave it my own whirl and it might be a delusional side to myself. I am warning you in advance, so you do not think that I have ‘some secret source’ to divulge a side that isn’t there. So be warned.

This morning I saw ‘Leaders of Egypt, Saudi Arabia, Qatar and UAE invited to G7, Macron says’ (source: Times of Israel) where we see “Leaders from Egypt, Saudi Arabia, Qatar and the United Arab Emirates will be invited to participate in a G7 session in France next week to discuss the war with Iran, French President Emmanuel Macron says. Next Tuesday’s summit session will focus on the closure of the Strait of Hormuz by Iran, which has “a real impact on our economies” due in particular to soaring fuel prices, and on “negotiations on Iran,” Macron says.” And I have a personal view on this. I expect that at some point there will be singular meetings with a few designated officials and they will likely be PM Mark Carney of Canada, President Emmanuel Macron of France, Chancellor Friedrich Merz of Germany and they will have meetings with the representatives of Saudi Arabia, the UAE, Qatar and Egypt. These last 4 will have a separate meetings with the big three. I believe that it is the next stage to get America out of every meeting, because the EU (Canada too) has had enough of the United States. The underlying setting is that the United States is likely to fail to fit the setting of a major industrialized democracy soon enough. And the other members are looking to replace the United States with at least one of them. My voice will be both Saudi Arabia and the UAE, but that is my view. What seems to be the case that optionally Ursula von der Leyen as President of the European Commission will make a ‘sudden’ appearance but that is the gist of it. The United States let itself be dictated by a useless bully and they are likely striking back. In addition, we got news that ahead of the G7 meeting, German Chancellor Friedrich Merz and French President Emmanuel Macron are set to hold talks with China. Not sure yet how China fits in, but the setting that the United States is on the way out, implies that the EU needs to have a meeting with China, optionally the setting that BRICS represents gives me pause to consider what else is on the table. But that is the setting I see (and I could be massively wrong). But the field without the United States if one that regards considering, because in that field the Euro needs a new anchor and if it not the US dollar, I reckon that field becomes open and whilst the Yuan could be an option, my economic knowledge leaves me at this moment (I never had much economic knowledge to begin with). 

But that is a path that is likely opening up and whilst I have advocated for UAE and Saudi tourism, there is a larger offering on the table, but I have no menu and I have no idea what is happening. But PM Carney with his knowledge of the economy and his knowledge as Governor of the Bank of England is a good cause to consider what is coming next. As Canada is also in the G7, there is a larger picture to paint, the doubt becomes wither this picture had the stages of vibrant red and golden yellow of the Chinese flag, or it is painted with the fading colours of the American Red, White, and Blue remains a question, but the United States did this to itself when it decided to bomb Iran from 28 February 2026 onwards is one setting, the additional settings are the tariffs that were deemed illegal by the courts of America and then ‘reenacted’ by President Trump on other matters. The nation is out of control and the EU has had enough. Now we see the alternating sides where the United States has no longer any influence and without influence the United States doesn’t seem to amount to anything serious. Take in account that ‘Trump says he is ‘not looking to renew’ CUSMA trade agreement’ (source: Global News) implies that the United States is heading for a lot more serious negative times ahead and the other G7 parties need a way out. It is my believe that they will see it, by replacing the United States by both Saudi Arabia and the UAE, optionally it becomes the G10 if Qatar and Egypt are added too. 

So is this real? It is my believe that this is where the EU is headed, but we will know more in  Évian-les-Bains, France, from June 15 to 17, 2026. So next Monday will be the start of the meetings, but I reckon that Tuesday will give some light on this, because this event is not secret for much longer after that. I wonder what bully screaming we will hear from Washington DC at that stage, it will be anyones guess. But as some ‘vocally’ gave us that they didn’t need anyone, consider that commerce requires clients, so why will they sell to? Their local population requires services and goods. So what services does the United States have? What goods do they have? It was all intertwined with foreign settings and they cut it all off, all whilst they have no self servicing settings. So whilst they proclaim that they have it all, Brent oil will not look kindly on cheap oil walking away, their own oil is sold and when that falters, icon take a deeper dive and it is all against a debt that amounts to $39.23 trillion, with an interest of well over a trillion a year and now more and more is regarded as ‘no-go’ zones. There is little doubt that the US economy will implode. And these ‘generating’ data centers, all whilst the EU is cutting access off? There is little doubt in my mind that a panic will set into the United States and likely it will be visible before next week ends. But then, these are merely my thoughts and there is every consideration that I am wrong. Because I have no data to support any of this, but it is drenched into my views on data that I have seen over the last few years. So there is that.

Have a great day today.