Eurotopics.net

After the Chinese yuan plummeted on Monday vis-à-vis the US dollar the Chinese economy has recovered somewhat. The devaluation makes Chinese exports cheaper in the dollar area. Politicians in the US are now considering weakening the dollar through targeted sales. Commentators warn against using the exchange rate as a weapon.

Agricultural experts from SPD, the Greens and the German animal protection association Deutsche Tierschutzbund, are calling for an increase in VAT on meat products, which in Germany currently stands at seven percent. Among those to reject the motion are the party leaders and the minister for agriculture. But the debate has long since exploded in the European media.

The coalition of the Centre Party, the nationalist Ekre and the conservative Isamaa has been in power for 100 days. Estonian commentators are far from satisfied with their performance so far.

The Chinese yuan plummeted on Monday vis-à-vis the US dollar. The devaluation makes Chinese exports cheaper in the dollar area. Commentators speculate on whether China is using the exchange rate as a weapon in the trade war and warn of the dangers ahead.

Under a new security decree approved by the Italian Senate anyone who brings migrants into Italian waters without permission will face fines of up to a million euros, and rescue ships can be confiscated. According to commentators this latest victory for Lega leader Matteo Salvini shows above all two things.