Skip to main content

Posts

Showing posts with the label Starlink

Top Financial Stories 2025

At this time of year,  as regular readers know, I ask myself what were the biggest stories of the year slipping away, in terms of its busin ess/fina ncial news. Last year, for example, stories with a bearing on the financing of the war in Ukraine were dominant.  This year ... not so much. With the single exception of July that particular war stays outside of this list. The war in Gaza, and the question of "what next in financial/business terms for that fraught tract of land," does make an appearance.  But Sino-American economic relationships dominate the list this year.   I'll break matters down by month as usual, and as is my habit I will avoid assigning priority among the various monthly champions.  Each is tagged with a theme but each is a news story, NOT a theme.  Each is a story about some "who" doing some "what" at a where and when.     January.  Sino-America economic relations I.    The new President of the US and c...

Europe's alternative to Starlink

  As most of you probably know, dear readers.... Elon Musk is the man behind Starlink. Starlink is a constellation of satellites of a sort critical to internet operation -- to the global and near-instantaneous character of it that we have come to take for granted. That constellation is the property of Starlink Services LLC. The parent company is SpaceX.  The founder and CEO of SpaceX is ... Elon Musk.  Also, as you probably know, Musk has become a big figure in US politics of late.  We will skip further explanation and simply say that the European powers want an alternative provider of satellite internet services.    Starlink, meet your new commercial and geopolitical competitor ... Eutelsat Communications. the company is based in Paris, France. Its chief executive is Eva Berneke, a Danish engineer.  It is Germany that is at present making a fair amount of noise about using Eutelsat as a way of freeing Europe (and Europe's eastern frontier, Ukraine) fr...