Dionis Cenusa Profile picture
Apr 14 5 tweets 1 min read Twitter logo Read on Twitter
#EU_China: The German MFA Baerbock added the economic layer to the negative scenario conversation around Taiwan. Any kind of military escalation on the straight could potentially affect 50% of world trade. This affects 12% of freight flows from/to China and⤵️
38% to/from others (Japan, South Korea, etc.). Major trading nations will suffer losses, especially Germany that traded with China goods worth almost €300 billion worth of goods (2022). China was the 4th market for German exports in 2022 (113 billion euros), ⤵️
followed by the US, France and the Netherlands. A war in the Taiwan Straits will have consequences for both China and the rest of the world, unless Beijing is preparing for a blitzkrieg (which is something Russia failed against Ukraine).⤵️
Unlike Baerbock, during his China-related remarks, Macron spoke of not getting drawn into the crises of others (referring indirectly to the U.S.), without specifying anything about the economic costs of a war over Taiwan.

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More from @DionisCenusa

Apr 14
#Armenia: The Russian MFA criticized the recently launched EU mission in Armenia, accusing it of being a source of destabilization. Reacting to this, the Secretary of National Security of Armenia, Grigoryan, clarified that the EU mission is considered a source of security.⤵️
Grigoryan noted that although the Russian military base has been present in Armenia since the 1990s, destabilization episodes occurred regularly. More importantly, the Armenian official explained that the EU mission is not an attempt to change the country's external vector.⤵️
Because Russian security guarantees are an ineffective deterrent against Azerbaijan's military posture, Armenia was forced to seek alternative sources of security guarantees. Even if in the short term, the EU mission is far from triggering a FP review of Armenia. However,⤵️
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Apr 14
#Moldova: The fugitive businessman, hiding in Israel, Ilan Shor, was sentenced in absentia to 15 years in prison. Some reflections: 1) An amount of approximately 250 million euros of his property in assets or money can be confiscated;⤵️
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Apr 13
#Ukraine: Russia threatens not to stick to the grain deal after May 18 if 5 conditions are not met. Neither the EU nor Ukraine will agree to meet most of these conditions: 1) reconnect Rosselhozbank to Swift; 2) lift sanctions on exports to Russia of agricultural equipment and⤵️
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Apr 12
#Armenia_Azerbaijan: The EU mission in Armenia, launched on February 20, does not represent a way to deter military incidents on the Armenian border with Azerbaijan. It is imperative to manage expectations about the effectiveness of the EU mission to avoid ⤵️
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Mar 23
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the govts of Moldova (9 conditions) and Ukraine (7 conditions), which must be attentive to the quality of compliance with EU requirements if they wish to open accession negotiations in the short term.⤵️
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