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Mladen Ćirić, Director of Šapat Wine Atelier

The Best of “Šapat” is Yet to Come

The renowned Michelin star, representing a global hallmark of gastronomic excellence and hospitality, shone brightly at Šapat Wine Atelier on 17th December, when its...

Mark Harrison, Founder & Principal, Harrisons Solicitors

Harrisons’ Treatment for all Harrisons Clients

Mark Harrison is the founder and principal of the first English Law Firm in Serbia and Montenegro and the first International Law Firm in...

Goran Korać, Attorney-at-Law, Korać Law Office

Client-Centric Legal Services

“Our law office focuses on specific industries, with the aim of developing a deep understanding of the business models and challenges of each sector,”...

Boban Đurović, President of the Municipality of Vrnjačka Banja

Vrnjačka Banja – The Most Beautiful Postcard from Serbia

“Our goal has been to preserve the spirit, charm, and historical significance of the spa, to protect its springs, parks, forests, and rivers, while...

Marijanti Babić, Country Head Serbia

Truth Will Open the Lithium Mine

The Jadar Project will only proceed once independent experts confirm that it can be implemented safely for the environment and public health, says Rio...

Ivan Vejvoda, political scientist

Institutions and Their Would-be Destroyers and Defenders

The malevolent nature of Trump’s intentions isn’t disputed; the question is whether American democracy has strong enough safeguards to contain those intentions

Donald Trump’s more than convincing victory in the U.S. presidential election of 5th November marks a significant turning point for the world. It is necessary to couch this victory in the broader context of the growth of the political right and the extreme right; parties with conservative worldviews in European countries like the Netherlands, Italy, Germany, Slovakia, Austria, or even, for instance, in India.

The U.S., as the country that remains the world’s strongest, with the largest economy, certainly has a greater influence over world trends than others. Agreement exists that unpredictability represents Trump’s key characteristic. It is also true, however, that he is much more prepared this time around to take on his second term as the 47th president of the U.S. He has noted that one of his primary goals on the domestic front will be to take revenge for all the actions that he claims have been taken against him by both individuals and institutions of the state. The malevolent nature of his intentions isn’t disputed, but what remains unknown is his ability to implement his intentions and, in accordance with that, the question of how resilient U.S. democratic institutions will prove in resisting those moves – in colloquial terms, whether there are strong enough safeguards to prevent his intentions.

American society is divided. He was victorious and now controls almost all key branches of government, both executive and legislative, and will attempt to subordinate the judiciary (we will see if he can really succeed in that).

In this constellation, the Western Balkans – including Serbia – aren’t a high priority for the incoming U.S. administration… The EU is their home port and anchor

On the economic front, protectionism will be at the foundation of his policies. He has stated that “tariff” (customs barriers, excise duties) is his favourite word. Europe and China will be the first in the firing line, but many economists warn that this could have very detrimental consequences for the U.S. economy and entrepreneurs. We also shouldn’t forget the example of China, which holds approximately nine hundred billion dollars of U.S. debt.

This all means that geopolitical circumstances will be complicated, to say the least. When it comes to transatlantic relations, it is difficult to predict at present whether he will seek the U.S.’s withdrawal from NATO or “merely” a cooling of relations, i.e., a reduction in the U.S. contribution to Europe’s defence and security. He has stated that he would resolve the Russo-Ukrainian War in 24 hours (with typical Trumpian arrogance). Ukraine should certainly prepare to receive significantly less support, if not the complete suspension of American aid. Europe and the EU are already preparing to take on the biggest burden and to help Ukraine by themselves. The war in the Middle East is the second major challenge and support for Israel will certainly be as high as it’s been to date, or even higher, leading to even greater uncertainty over the end of this conflict.

Trump’s first term was marked by his opposition to multipolar institutions and prioritising of transactional, direct relations with other countries – all of which yielded mixed results.

In this constellation, the Western Balkans – including Serbia – aren’t a high priority for the incoming U.S. administration. The region represents part of Europe geographically and geopolitically, and its countries aspire to join the EU, which is their home port and anchor, but they should certainly also strive to find their interests in relations with the new administration in Washington.

By Sneška Quaedvlieg-Mihailović, Secretary General of EUROPA NOSTRA

The Messages of Notre-Dame

The case of Notre Dame tells us to place our humanity and culture at the very heart of the much-needed transformation of our society,...

H.E. Avivit Bar-Ilan, Ambassador of Israel to Serbia

Future of Hope and Prosperity

I dream of 2025 being the year in which the people of Lebanon and Gaza break free from the chains of terror organisations Hamas...

H.E. Mohamed Abdallah Namoura, Ambassador of the State of Palestine to Serbia

Justice is the Source of True Optimism

From my standpoint, just as injustice causes pessimism to spread, so justice is the source of all true optimism Optimism should first and foremost be...

Comment

Trapped Under the Glass Ceiling

Achieving true gender equality in Serbia requires a multifaceted approach combining legislative alignment, cultural transformation and international cooperation As the global community approaches the 30th...

Convincing Victory for Zoran Milanović in the Second Round of Croatia’s Presidential Elections

The incumbent President of Croatia, Zoran Milanović, secured around 75% of the votes, while Dragan Primorac garnered approximately 25%...

Serbia Among Europe’s Fastest-Growing Economies in 2024

Serbia ranked as one of Europe’s fastest-growing economies in 2024, according to a report by Macroeconomic Analyses and Trends...

Montenegro’s Foreign Trade Reaches €4.26 Billion in First 11 Months of 2023

Montenegro's total foreign trade in goods amounted to €4.26 billion in the first 11 months of 2023, a 3.7%...

Winning Design Selected for New Nikola Tesla Museum Building

The international architectural competition for the new Nikola Tesla Museum building concluded on December 17, with the winning project...

Serbia Records Historic High in Foreign Investments

Serbia has achieved a record-breaking €5.1 billion in foreign direct investments this year, according to Finance Minister Siniša Mali.  Speaking...

FIC Serbia Elects New Leadership and Recognizes Top Performers

At its annual Assembly meeting, Serbia's Foreign Investors Council (FIC) elected a new Board of Directors, adopted the 2024...

The Foreign Investors Council held its Regular Annual Assembly

The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors,...

Bulgaria and Romania Join Schengen Area as Full Members

Bulgaria and Romania will fully join the Schengen Area on January 1, 2025, marking the end of internal border...

Kalenić Market: A Global Landmark of Beauty and Tradition

Kalenić Market in Belgrade has been recognized by the Financial Times as one of the world’s most beautiful markets,...

EIB Appoints Damien Sorrell as New Head of Regional Hub for the Western Balkans

The European Investment Bank (EIB Global) has appointed Damien Sorrell as the new Head of the Regional Hub for...

FIC Serbia Elects New Leadership and Recognizes Top Performers

At its annual Assembly meeting, Serbia's Foreign Investors Council (FIC) elected a new Board of Directors, adopted the 2024...

The Foreign Investors Council held its Regular Annual Assembly

The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors,...

Bulgaria and Romania Join Schengen Area as Full Members

Bulgaria and Romania will fully join the Schengen Area on January 1, 2025, marking the end of internal border...

Kalenić Market: A Global Landmark of Beauty and Tradition

Kalenić Market in Belgrade has been recognized by the Financial Times as one of the world’s most beautiful markets,...

EIB Appoints Damien Sorrell as New Head of Regional Hub for the Western Balkans

The European Investment Bank (EIB Global) has appointed Damien Sorrell as the new Head of the Regional Hub for...
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