Welcome to Thursday, the 27th of September. Brexit is edging closer and there seems to be a bit of panic setting in, not only among the political establishment, but perhaps also among those businesses that count on Britain as their main market.
The U.K. is the 5th largest economy in the world and, although they are no longer a world-power like in the past, we still owe them for having the guts to stand up during the 2nd world war when some countries were weak and had an over-belief in their own defense capability.
History repeats itself and there is no doubt in my mind that any arrogance on the part of the remaining countries in the EU (most notably Germany and France) will not go down well.
The EU's inability to reform itself seems largely to blame for the situation we find ourselves in now.. I remind you again about the traveling circus that is the EU parliament moving regularly between Brussels and Strasbourg. See this video clip and consider it: https://youtu.be/Hxibk3qfuPk.
Cost control is something that the EU and the establishment in Brussels were never able to manage. Heaven forbid their own, virtually tax-free, incomes and benefits should ever be frozen, let alone reduced.
Politics today is very much a game of survival of the least-fit with the parliament in Brussels becoming a retirement place for politicians who have finished their tenure in their national parliaments.
Having said that Great Britain must also understand that you are either in or you are out of the club. Considering what they have paid into the club versus what they have taken out they do, in my view, have the right to expect a fair exit treatment. Here is a video that neutrally explains Brexit: https://www.youtube.com/watch?v=3vps2r_xebU
Finally, I turn to the biggest scandal of the last week which took place in my native country of Denmark.
We Danes are normally proud of our history, democracy and compassion but I never thought that we would be 'famous' for our laundromats too. I am referring to the Danske Bank whitewash scandal where billions have apparently been laundered via one of their branch offices in the Baltic.
Now that our linen has been cleaned we can turn our attention to business.
Today's interviews start in the proud country of India that experienced a kind of happier Brexit. In Mumbai we speak to a project and general freight forwarder who is reputable in a country where it can sometimes be difficult to find a project freight forwarder that you can trust.
We then fly west towards the bridge between Europe and Asia to speak to a strong Air Charter operator in Turkey that can provide you with urgent solutions in case you have project cargo to move that cannot wait for a seaborne solution.
Finally we speak to a qualified forwarder who can handle OOG in the country of Slovenia which, albeit small, has a very strategic location in the Adriatic sea with the famous gateway port of Koper.
To wrap up this week we have news, input, the video, photo and quotes of the week.
Until next week, I remain,
Yours sincerely, Bo H. Drewsen