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Greece: Out Of Cash, Out Of Time, Out Of Options
Greece: Out Of Cash, Out Of Time, Out Of Options On Friday Greece is due to pay at least a quarter of the €1.5bn due to the IMF in June. … The creditors say they will only disburse the money if the Greek government enacts various key economic reforms and does not roll back reforms the […]
Canada needs to confront its oilsands ‘challenge,’ German ambassador says
Canada needs to confront its oilsands ‘challenge,’ German ambassador says Observers say Canada and Japan are attempting to block ‘decarbonization’ pledge from G7 declaration Germany’s ambassador to Canada says Ottawa’s new targets to cut carbon pollution mean it will have to tackle the problem of the oilsands. In an interview with CBC News, Ambassador Werner […]
German Court Turns Down Drone Lawsuit But Leaves Door Open to Others
German Court Turns Down Drone Lawsuit But Leaves Door Open to Others On August 29, 2012, a drone flying above the Yemeni town of Khashamir launched four missiles at a group of five men standing near a vehicle on a remote mountainside. All of them perished. Three of the men were suspected al Qaeda militants, […]
Russian Pivot: Greece Will “Probably” Join BRICS Bank, Official Says
Russian Pivot: Greece Will “Probably” Join BRICS Bank, Official Says Greece has very little in the way of bargaining power with European creditors. Outside of gimmicks like tapping its SDR reserves, Athens has no cash to make payments to the IMF in June and, perhaps more importantly, there’s very little in the way of wiggle […]
Austerity, Economics and Religion
Austerity, Economics and Religion There are many things going on in the Greece vs Institutions+Germany negotiations, and many more on the fringe of the talks, with opinions being vented left and right, not least of all in the media, often driven more by a particular agenda than by facts or know-how. What most fail to […]
Grexit “Disaster” Looms As Greek Hospitals Run Out Of Sheets, Painkillers
Grexit “Disaster” Looms As Greek Hospitals Run Out Of Sheets, Painkillers The default countdown is about to go under 10 days and it is becoming increasingly apparent that both Greece and its creditors have had enough. Months of tense negotiations have gone nowhere and yielded exactly nothing and it now looks like PM Alexis Tsipras […]
Even More Admitted False Flag Terror Incidents Come to Light
Even More Admitted False Flag Terror Incidents Come to Light Presidents, Prime Ministers, Congressmen, Generals, Spooks, Soldiers and Police ADMIT to False Flag Terror Every time we look, we find new admissions of false flag terror attacks. In the following instances, officials in the government which carried out the attack (or seriously proposed an attack) admit to it, either […]
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire It came from a voice that has, by law, the ear of the German government. Peter Bofinger is a member of the German Council of Economic Experts – the “Five Sages on the Economy” – which in its official […]
Why Not Tell Greece How To Run A Democracy?
Why Not Tell Greece How To Run A Democracy? I know I’ve talked about this before, but it just keeps coming and it keeps being crzay.Bloomberg ‘reports’ that the ‘German Finance Ministry’, let me get this right, “is supporting the idea of a vote by Greek citizens to either accept the economic reforms being sought by […]
Schäuble Warns of “Sudden” Greek Default
Schäuble Warns of “Sudden” Greek Default The governments of Greece – new and old – screwed up. Other debt-sinner countries are able to borrow at near-zero or negative interest rates, simply taking money from investors with a promise to return it on a given day in the future if investors give it new money to […]
The Grisly Truth About How World War II Was Won
The Grisly Truth About How World War II Was Won It was churlish for western leaders to boycott this week’s Victory Parade in Moscow that commemorated the Soviet Union’s defeat of Nazi Germany 70 years ago. Historic events are facts that should not be manipulated according to the latest political fashions. Being angry at Moscow […]
Why Central Banks Hate Physical, Love “Earmarked” Gold, And What Is The Difference
Why Central Banks Hate Physical, Love “Earmarked” Gold, And What Is The Difference Several days ago we showed the dramatic conclusion of what happened to Czechoslovakia’s gold which had been placed at the Bank of England for safekeeping days after Germany annexed the central European republic ahead of the start of World War II. We hate the […]
What Happens When You Hand Over Your Gold To The Bank Of England For “Safekeeping”
What Happens When You Hand Over Your Gold To The Bank Of England For “Safekeeping” “The Bank for International Settlements is the bank which sanctions the most notorious outrage of this generation— the rape of Czechoslovakia.” — George Strauss, Labor MP, speaking in the House of Commons, May 1939 “the Bank for International Settlements […]
