Roy Kenkel
fendius.bsky.social
Roy Kenkel
@fendius.bsky.social
Diplomat | Spelunker of the Berlin bubble for NL MinBuza - NLinGER | Dad | ex-NL Europe spox | loves the shadow | cold war kid
Die Welt ist instabiler denn je – und Europas Sicherheit steht auf dem Spiel. In einen auserordentlichen Tagesweisung von heute dem 9. April ruft der niederländische Generalstabschef (CDS) die 76000 soldaten zur beschleunigten Erhöhung der militärischen Einsatzbereitschaft auf.
April 10, 2025 at 3:39 PM
Reposted by Roy Kenkel
Just spoke on RTL (at Dutch stock market which was fun!).

The EU have much more macro policy space to react than the US: Fed cannot cut rates into stagflation spiral, ECB can w deflationary pressures. Germany has fiscal space. If NL, Scandis join in demand blow manageable unless we hit GFC 2.0.
April 9, 2025 at 2:02 PM
Reposted by Roy Kenkel
Very good from Tom Fairless.

Been saying this for a while already - on the trade front there isn’t much to gain from Europe drawing closer, and officials and businesses are already sounding alarm over China rerouting and dumping its production on Europe.

www.wsj.com/economy/trad...
Tariffs Are Bad for Europe. Drawing Closer to China Isn’t a Magic Bullet.
For Europe, doubling down on its relationship with China could come at a steep price—including the loss of its storied auto industry.
www.wsj.com
April 5, 2025 at 10:13 PM
This 👇

Or it could just be another case of parce que c’est la France
France's finance minister says he "won't cut spending nor raise taxes" if deficit widens due to the trade war.

Very instructive for two reasons: First, deficits don't matter under the new rules, only compliance with the expenditure path - and that one is not sensitive to revenue shortfalls. 1/3
France risks missing deficit target because of Trump’s trade war, economy minister says
PARIS —The trade war with the United States might prevent France from bringing down its sky-high budget deficit, French Economy and Finance Minister Eric Lombard said on Friday. “Tax revenues…
www.politico.eu
April 5, 2025 at 10:05 AM
Is it a jealousy thing? There can be only one emperor, so unless these penguins denounce that pathetic species of "emperor" penguins, they will pay the price?

Very confused this morning. #Heard&Mcdonald islands.
April 3, 2025 at 7:20 AM
Reposted by Roy Kenkel
😶
The Srebrenica Memorial Center has closed its doors. “This decision has been made due to the inability to ensure adequate security guarantees for employees and visitors (…) in light of the ongoing coup directed against state institutions by rebel groups based in Banja Luka.”
March 7, 2025 at 5:11 PM
Reposted by Roy Kenkel
Another confirmation.

S&P sees Germanys defence spending boom “as positive for countries triple A rating."

Biggest concern with Germany's creditworthiness was the stagnating economy, boost the domestic economy is a credit positive," top S&P analyst said.

www.reuters.com/markets/euro...
March 7, 2025 at 7:32 PM
@lucasguttenberg.bsky.social cutting through some very sticky fudge here.
EU leaders will debate soon the future of EU defence policy and the debate centres around "intergovernmental solutions" like using the ESM to finance increased defense spending.

This totally misses the mark in my view. We are beating around the bush. It's time for a real debate - and decisions:
January 21, 2025 at 6:32 PM
Met deze peilingen wordt hervorming van de schuldenrem óf zelfs een bijzonder vermogen voor aanvullende financiering van de bundeswehr toch wel lastig.

AFD+FDP+BSW samen op 33 procent.

Nog 36 dagen tot de verkiezing.

www.welt.de/politik/deut...
Bundestagswahl: Union rutscht in Umfrage unter 30-Prozent-Linie – keine Mehrheit für Schwarz-Rot - WELT
Diese Umfrage dürfte die Parteizentralen in Aufregung versetzen: Im Insa-Sonntagstrend liegen CDU und CSU unter der Marke von 30 Prozent. Damit wäre weder Schwarz-Rot noch Schwarz-Grün möglich. FDP un...
www.welt.de
January 18, 2025 at 9:51 PM
BIG victory for Scholz/SPD.

ARD and ZDF give Scholz the duel with Merz he so badly wanted by leaving Habeck (4) & Weidel (2) out.

www.tagesspiegel.de/politik/duel...
Duell statt Triell: ARD und ZDF planen TV-Duell ohne Habeck
In der großen TV-Debatte vor der Wahl sollen die Spitzenkandidaten von SPD und Union gegeneinander antreten. Der Kandidat der Grünen soll auf ein zweites Duell mit AfD-Kandidatin Weidel ausweichen.
www.tagesspiegel.de
December 17, 2024 at 8:04 AM
Und der neue wiederholt die Fehler des alten. Wenn man den Wahlprogrammen glauben soll. (Bei uns nicht besser übrigens.)

Frage mich wie hoffnungsvoll die Bertelsmann-Experten nach der Veröffentlichung der heutigen Wahlprogramme sind….

www.sueddeutsche.de/wirtschaft/k...
Klimaschutz der Ampel-Koalition: Gut gemeint, schlecht gemacht
Die Ampel-Koalition hat alle Kriterien für einen erfolgreichen Klimaschutz missachtet. Stichwort Heizungsgesetz.
www.sueddeutsche.de
December 17, 2024 at 7:48 AM
L’enfer c’est les autres.
December 16, 2024 at 8:42 PM
Nah mate drawing a blank here - I give up. Absolutely nothing I would say.
Keir takes to football pitch - but can you spot what's 'wrong' with his kit?
SIR Keir Starmer enjoyed his weekly kickabout today – but shunned an England shirt. The Labour leader instead donned a 2024-2025 Netherlands away top while he played for his five-a-side team …
www.thesun.co.uk
December 15, 2024 at 7:12 PM
Kann jemand von den guten Leuten auf Bluesky einem Ausländer mal erklären, woher all diese Retweets für Alice Weidel im Vergleich zum Rest kommen?

bundesdatenschau.com
December 10, 2024 at 10:51 PM
DUI verkiezingsupdate in 2 plaatjes:

Op het ene de inhaalrace van scholz richting Merz met habeck als lachende derde. Nu het over vrede in Oekraïne gaat kan Merz het niet over de economie hebben.

Op het andere een plusje voor de SPD maar nog steeds de straatlengte voorsprong van het CDU.
December 10, 2024 at 5:44 PM
Very good points by @lucasguttenberg.bsky.social 👇
This debate is becoming increasingly confused. There are two very different things: European spending on defence and EU spending on defence.
They are *not* the same and I have many questions from an EU budget person perspective on why we focus on the latter.

Thread:
www.reuters.com/world/europe...
EU must find billions for arms within a year, defence chief says
Europe needs to find ways within the next year to fund hundreds of billions of euros in extra military spending to defend against any attack from Russia by the end of the decade, the European Union's new defence commissioner has said.
www.reuters.com
December 10, 2024 at 3:49 PM
At least they’re honest about it.

Never change Berlin. #ber
December 9, 2024 at 5:54 AM
“Das Verbrenneraus soll gekippt werden”…

Hab dies nie so richtig verstanden. Natürlich werden ganze Teile der Welt noch lange nach 2035 Verbrennungsmotoren nutzen.

Aber ist es deshalb wirklich eine gute Idee, die Zielpfoste zu verschieben die jetzt eine klare Richtung geben?
The malaise has led to rather loud calls in German politics to reverse the phase-out of internal combustion engine vehicles.

These calls are at best ironic, at worst self-destructive.

The recent improvement in Germany's net trade balance in auto's is clearly due to....electric vehicles.
December 2, 2024 at 9:44 PM
Caption this.
December 2, 2024 at 9:31 PM
Elf jaar geleden werkte ik op de ambassade in #Vilnius. Een prachtig land met prachtige mensen: ik heb er nog altijd veel vrienden. Wellicht wat zwaar op de hand wat betreft de Russische dreiging vonden we toen.

Vandaag landde er bij één van hen bijna een vliegtuig in de achtertuin.
November 25, 2024 at 8:32 PM
Closer at the end but say it loud: well done Scotland. FT 27 -13.
November 24, 2024 at 5:44 PM
All of what @nilsredeker.bsky.social says here 👇

Whether or not there was mismanagement europe needs to get serious about battery production if it wants to keep up with the rest of the world. Without Northvolt that gets even harder.
But I’m going to stick my neck out a bit and say that I don’t think the EU should just let this unravel. Three things matter now:

First, EU policymakers need to think hard before letting Northvolt go over the cliff. This company represented the EU’s best shot at building a European-based industry.
November 22, 2024 at 8:28 PM
Angela Merkel giving zero f@cks

What did you think about the Ampel drama?

“Men!”
November 22, 2024 at 8:21 PM