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The Oligopolization of Food Supply Hits a Snag
The Oligopolization of Food Supply Hits a Snag Three companies to control 60% of world’s seed and pesticide markets. German drug and agrichemicals giant Bayer has suffered a setback in its efforts to acquire the world’s biggest seed company, Monsanto. Bayer had reckoned on winning regulatory approval for its $63.5 billion takeover bid at the […]
Will Italy’s Banking Crisis Spawn a New Frankenbank?
Will Italy’s Banking Crisis Spawn a New Frankenbank? “Operation Overlord.” There are rumors currently doing the rounds that Italy’s banking problems have finally been put to rest. The FTSE Italia All-Share Banks Index has soared about 40% over the last 12 months, about double the advance by the Euro Stoxx Banks Index. Six of the […]
The Pros And Cons Of Nord Stream 2
The Pros And Cons Of Nord Stream 2 There are few issues as divisive in the EU as the planned construction of Nord Stream 2, another direct gas infrastructure connection between Germany and the Russian Federation. With the climate of relations between Russia and the West just above the point of freezing, the agreement between […]
Bank Bail-In Risk In Europe Seen In 5 Charts
Bank Bail-In Risk In Europe Seen In 5 Charts – Nearly €1 trillion in non-performing loans poses risks to European banks’ – Greece has highest non-performing loans as a share of total credit – Italy has the biggest pile of bad debt in absolute terms – Bad debt in Italy is still “a major problem” which has […]
Kofi Annan Echoes Soros Scaremongery: “Social Media Threatens Democracy”
Kofi Annan Echoes Soros Scaremongery: “Social Media Threatens Democracy” Just a few short weeks after billionaire George Soros spoke in Davos, demanding that the European Union regulate social media because voters’ minds are being controlled and “manipulated,” none other than former secretary-general of the United Nations and Nobel Peace laureate, Kofi Annan, has issued an […]
How UK Spies Hacked a European Ally and Got Away With It
Photo: Sander de Wilde/Corbis/Getty Images HOW UK SPIES HACKED A EUROPEAN ALLY AND GOT AWAY WITH IT FOR A MOMENT, it seemed the hackers had slipped up and exposed their identities. It was the summer of 2013, and European investigators were looking into an unprecedented breach of Belgium’s telecommunications infrastructure. They believed they were on […]
Central Banks Will Let The Next Crash Happen
Central Banks Will Let The Next Crash Happen If you have been following the public commentary from central banks around the world the past few months, you know that there has been a considerable change in tone compared to the last several years. For example, officials at the European Central Bank are hinting at a […]
Russian Deputy PM: Our Banks Are Ready To Turn Off SWIFT
Russian Deputy PM: Our Banks Are Ready To Turn Off SWIFT Russian financial institutions are prepared to survive without access to SWIFT (The Society for Worldwide Interbank Financial Telecommunication) – the global dollar-based interbank payments network – should the US and European Union follow through with threats to cut it off, according to Deputy Prime […]
How The European Union Became Divided On Russia
How The European Union Became Divided On Russia Last week, the prime ministers of Hungary and Bulgaria criticized EU policy toward Russia for being too harsh. The European Union imposed sanctions against Russia in response to Moscow’s intervention in Ukraine, but Hungary and Bulgaria are concerned that the EU’s continued anti-Russia stance could pose a […]
Pipeline Wars: Realpolitik meets Geography
Pipeline Wars: Realpolitik meets Geography The headlines are ablaze this month with news from all over about new pipeline projects coming into Europe. Never one to miss an opportunity to do the U.S. State Department’s bidding in how it presents pipeline politics, Oilprice.com published a howler of a piece about the Southern Gas Corridor. Titled, “Is This […]
Mastercard Pushes Biometrics, Banks Follow
Mastercard Pushes Biometrics, Banks Follow Biometric authentication “will be of great benefit to everyone.” Mastercard has set a deadline for widespread use of biometric identification for its services across the whole of the EU: April 2019. Mastercard Identity Check, currently available in 37 countries, enables individuals to use biometric identifiers, such as fingerprint, facial, and […]
Bedazzled by Energy Efficiency
Bedazzled by Energy Efficiency To focus on energy efficiency is to make present ways of life non-negotiable. However, transforming present ways of life is key to mitigating climate change and decreasing our dependence on fossil fuels. Energy efficiency policy Energy efficiency is a cornerstone of policies to reduce carbon emissions and fossil fuel dependence in […]
Switzerland too Falls Out of Love with the EU
Switzerland too Falls Out of Love with the EU Did someone say “referendum?” The EU’s relations with key third-party country Switzerland have sunk to their lowest point in years thanks to a last-minute decision by the European Commission to grant Swiss stock exchanges just one year’s further access to the single market. Switzerland is not […]
EU Opens Article Seven Process Against Poland: Poland to Leave the EU?
EU Opens Article Seven Process Against Poland: Poland to Leave the EU? The EU opened up Article 7 charges against Poland for having non-EU values. Poland is a serious risk to leave the EU. Article seven is a charge against a country for having non-European values. Specifically, the charge against Poland relates to its judiciary, […]
The Greek Fraud Reads Like a Crime Novel
The Greek Fraud Reads Like a Crime Novel Tamara de Lempicka The refugees 1937Note: I feel kind of sorry this has become such a long essay. But I still left out so much. You know by now I care a lot about Greece, and it’s high time for another look, and another update, and another […]
