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Catalonia Bonds Collapse As Police Warn Of Chaos If Referendum Canceled
Catalonia Bonds Collapse As Police Warn Of Chaos If Referendum Canceled While the Catalan people prepare to decide whether to break with Spain, the bond market appears to have already made its mind up as Catalonia bonds decouple from Spanish sovereign yields. Catalonia Bonds expiring next year have seen yields spike over 2% – the […]
Kurds in Iraq and Syria: a new chaos is redefining the Middle East’s borders
Kurds in Iraq and Syria: a new chaos is redefining the Middle East’s borders There is no doubt that most Iraqi Kurds will say “yes” to the referendum and start materialising the dream of the 30 million Kurds inhabiting Iraq, Turkey, Syria and Armenia, a dream of establishing an independent state in Kurdistan-Iraq to start with. […]
“Forget Germany, Spain Is The Real Problem”
“Forget Germany, Spain Is The Real Problem” Following yesterday’s German election, which despite Merkel’s 4th victory was a rout for the establishment “grand coalition” parties of CDU/CSU and SPD which saw its worst election performance since the 1940s offset by a surge in the ascendant right-wing AfD, there have been numerous analyst reactions to the […]
Patriotism, Flags and Referendums
Patriotism, Flags and Referendums Robert Frank London 1952-53‘Tis the jolly time of elections, referendums, flags and other democracy-related issues. They are all linked in some way or another, even if that’s not always obvious. Elections, in New Zealand and Germany this weekend, referendums in Catalonia and Kurdistan the coming week, a looming Party Congress in […]
Defiant Catalans Block Spain’s Military Boats From Landing; Spain Seizes “.CAT” Domain
Defiant Catalans Block Spain’s Military Boats From Landing; Spain Seizes “.CAT” Domain Spain’s plan to send boatloads of military police to Catalonia to prevent its independence referendum have backfired with dockers in two ports staging a boycott and a third refusing access. The Express writes Police boats Blocked by Catalan ports as unrest threatens to […]
It Gets Ugly in Catalonia
It Gets Ugly in Catalonia Spain’s “ships of repression” are coming to help out. Madrid’s crackdown on Catalonia is already having one major consequence, presumably unintended: many Catalans who were until recently staunchly opposed to the idea of national independence are now reconsidering their options. A case in point: At last night’s demonstration, spread across […]
Unintended Consequences & Ugly Repercussions: It’s Getting Worse In Catalonia
Unintended Consequences & Ugly Repercussions: It’s Getting Worse In Catalonia As NakedCapitalism’s Jerri-Lynn writes, the Catalonia crisis is accelerating, with Madrid’s crackdown increasing support for independence even among those previously not so disposed. This does not look like it will end well. Spain will deploy police reinforcements to the northeastern region of Catalonia to maintain […]
“We Are In A State Of Siege”: Spanish Police Arrest Top Catalan Officials In Referendum Raids
“We Are In A State Of Siege”: Spanish Police Arrest Top Catalan Officials In Referendum Raids Spanish police arrested top-ranking Catalan officials including the region’s junior economy minister Josep Maria Jove, as Madrid launched a crackdown on Catalonia over the upcoming Independence referendum Reuters reported. Jove, who is a senior member of the Republican Left […]
Thoughts on the Media and the EU Referendum 190
Thoughts on the Media and the EU Referendum 190 Al Jazeera’s Listening Post programme on the EU referendum media coverage was just broadcast. They only used about 5% of what they recorded of me, split into four soundbites to fit their format. I think the much more interesting points I made were not used at all. […]
Not So Fast: Scotland And Northern Ireland May Have Brexit Veto Rights
Not So Fast: Scotland And Northern Ireland May Have Brexit Veto Rights Two days after the shocking Brexit result, the nightmares for the Remain camp – which refuses to accept a democratic reality – will not go away. As a result, it has gotten to the farcical point where disgruntled Remain voters have launched a petition […]
British Exit From EU Not Inevitable, Despite Referendum
British Exit From EU Not Inevitable, Despite Referendum IN THE FIRST HOURS after the British public voted to exit the European Union, amid all sorts of triumphal statements and recriminations, one declaration was notably absent: the formal notification to the EU that the United Kingdom intends to leave the organization, which is required to start the […]
Despite the Vote, the Odds Are Against Britain Leaving the EU
Despite the Vote, the Odds Are Against Britain Leaving the EU The Brexit vote shows that a majority of the British voters understand that the UK government represents interests other than the interests of the British people. As difficult as the British know it is to hold their own government to account, they understand they […]
Switzerland’s Referendum on Fractional Reserve Banking
Switzerland’s Referendum on Fractional Reserve Banking A Warmed-Up “Chicago Plan” Many of our readers may be aware by now that a Swiss initiative against fractional reserve banking has gathered the required 100,000 signatures to force a referendum on the matter. Is is called the “Vollgeld Initiative”, whereby “Vollgeld” could be loosely translated as “fully covered […]
Can the UK Survive Brexit?
Can the UK Survive Brexit? LONDON – The upcoming referendum on the United Kingdom’s continued membership in the European Union, almost certain to be held this year, could turn out to be yet another major catastrophe to hit Europe. If, as seems increasingly plausible, British voters chose to leave, the result would be a profoundly […]
Switzerland To Vote On Ending Fractional Reserve Banking
Switzerland To Vote On Ending Fractional Reserve Banking One year ago (and just two months before the shocking announcement the Swiss Franc’s peg to the Euro would end, dramatically revaluing the currency, and leading to massive FX losses around the globe and for the Swiss National Bank) the Swiss held a referendum whether to demand that their […]