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Dutch Referendum May Have Unleashed European “Continental Crisis”
Dutch Referendum May Have Unleashed European “Continental Crisis” In early January, European Commission President Jean-Claude Juncker warned that a Dutch advisory referendum, which took place today, on the bloc’s association agreement with Ukraine could lead to a “continental crisis” if voters reject the treaty. In an interview in January for Dutch daily NRC Handelsblad, Juncker said […]
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People An unprecedented leak of more than 11 million documents, called the “Panama Papers“, has revealed the hidden financial dealings of some of the world’s wealthiest people, as well as 12 current and former world leaders and 128 more politicians and public […]
G-20 Needs To “Man Up” Or Risk Sparking Market Chaos, Citi Warns
G-20 Needs To “Man Up” Or Risk Sparking Market Chaos, Citi Warns Two days ago, the man who now signs your Federal Reserve notes threw cold water on hopes for a so-called “Shanghai Accord.” Over the past month or so, anticipation has built among market participants for some manner of coordinated policy response at this weekend’s G20 summit […]
UK Blackout Risk – Amber Warning
UK Blackout Risk – Amber Warning In recent months, three companies have announced closure of 4 large coal-fired power stations in the UK representing a total loss of 6.671 GW base load capacity*. Combined with closure of 1 nuclear station and the pending closure of two CCGTs, total capacity loss in 2016 will amount to […]
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 […]
U.K. Police ‘to Be Given Powers to View Everyone’s Entire Internet History’
U.K. Police ‘to Be Given Powers to View Everyone’s Entire Internet History’ Ministerio TIC Colombia / CC BY 2.0 British police are to be given the power to view the entire Internet history of everyone in the U.K. in a new surveillance bill to be published next week, reports say. Under the proposed plan, telecoms and Internet […]
BBC Protects U.K.’s Close Ally Saudi Arabia With Incredibly Dishonest and Biased Editing
BBC Protects U.K.’s Close Ally Saudi Arabia With Incredibly Dishonest and Biased Editing The BBC loves to boast about how “objective” and “neutral” it is. But a recent article, which it was forced to change, illustrates the lengths to which the British state-funded media outlet will go to protect one of the U.K. government’s closest allies, Saudi Arabia, […]
UK MoD denies tabloid reports RAF ‘ready to shoot down’ Russian planes over Iraq
UK MoD denies tabloid reports RAF ‘ready to shoot down’ Russian planes over Iraq © Daily Star / The Sunday Times UK media allegations that RAF pilots in Iraq had been authorized to shoot down Russian fighters in case of imminent threat have prompted a response from Moscow. Britain’s military says there is “no truth” […]
It’s Official – UK Admits “Human Rights” No Longer a Priority of British Foreign Policy
It’s Official – UK Admits “Human Rights” No Longer a Priority of British Foreign Policy Not that they ever were, but they’ve finally decided to be explicit about it. Which to be honest, is pretty scary. From the Independent: Human rights are no longer a “top priority” for the Government, Britain’s most senior Foreign Office official has […]
Hope, Power, and Delusion
Hope, Power, and Delusion Jeremy Corbyn has won the race for leadership of the Labour party. But Greek and Spanish activists advise against placing too much faith in political parties. Jeremy Corbyn has won the race for leadership of the Labour party, and the anti-austerity movement of the UK rejoices: “Finally we will see change”. […]
WikiLeaks cables implicate UK & Saudi Arabia in secret deal to secure UNHRC seats
WikiLeaks cables implicate UK & Saudi Arabia in secret deal to secure UNHRC seats Saudi Foreign Minister, Prince Saud al-Faisal (R) and British Foreign Secretary Philip Hammond © Faisal Al Nasser / Reuters Two years after the controversial appointment of Saudi Arabia, one of the world’s leading human rights offenders, to the UN human rights […]
New UN Privacy Chief Proclaims – UK Digital Surveillance is “Worse than Orwell”
New UN Privacy Chief Proclaims – UK Digital Surveillance is “Worse than Orwell” Cannataci says we are dealing with a world even worse that anything Orwell could have foreseen. “It’s worse,” he said. “Because if you look at CCTV alone, at least Winston was able to go out in the countryside and go under a […]
This Is What Global Currency War Looks Like: A Complete History Of Recent FX Interventions
This Is What Global Currency War Looks Like: A Complete History Of Recent FX Interventions After the dramatic collapse in the SNB’s defense of the Swiss Franc peg to the Euro, there was a period of relative FX peace in which few if any central banks engaged in outright currency intervention (aside from the countless […]
Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Balance Of Superpowers: Comparing The US And Chinese Armed Forces Whether China is busy championing trade deals outside of the US dollar, buying up some of the world’s biggest companies, taking over foreign housing markets, or building massive networks of nuclear or wind power grids, it is clear that the country is a world power […]
Bank Of England Accidentally E-mails Top-Secret Brexit Plan To Newspaper
Bank Of England Accidentally E-mails Top-Secret Brexit Plan To Newspaper The first rule of “Project Bookend” is that you don’t talk about “Project Bookend.” In retrospect, maybe the first rule should have been “you don’t accidentally e-mail ‘Project Bookend’ to a news agency”, because as the Guardian reports, one of its editors opened his inbox […]
