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Europe’s Natural Gas Prices Surge To Record For Summer Season
Europe’s Natural Gas Prices Surge To Record For Summer Season Europe’s natural gas market is the most bullish it has been in years, as higher-than-expected summer demand and a tighter market drive natural gas price futures to levels last seen during this past winter’s supply crunch and to the highest for a summer season. Natural […]
Making plans for a new world order
Making plans for a new world order Europe’s relationship with the US was changing even before Donald Trump and his provocative Tweets came along. Germany now sees the current trans-Atlantic antipathy as a historic opportunity to redefine the EU’s role, writes Germany’s foreign minister. Who’s rescuing who now? A flag used by US troops in […]
Italy Threatens To Stop EU Funding Unless Other States Accept Refugees
Italy Threatens To Stop EU Funding Unless Other States Accept Refugees Europe’s refugee mess is back with a bang. On Thursday, out of the blue, Italy’s Deputy Prime Minister Luigi Di Maio threatened to stop financial contributions to the European Union next year unless other states agreed to take in migrants being held on a […]
Germany Calls For Global Payment System Independent Of The US
Germany Calls For Global Payment System Independent Of The US In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from […]
Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting
Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting “Russian influence will flow through that pipeline right into Europe, and that is what we are going to prevent,” an unnamed U.S. official told the Wall Street Journal just as Russian President Vladimir Putin and Chancellor Angela Merkel meet outside of Berlin on Saturday centered […]
The Baltic States Never Stop Their War Preparations Against Russia
The Baltic States Never Stop Their War Preparations Against Russia The hue and cry over the possibility of a Russian attack on the Baltic states has grown all out of proportion. NATO is using its “Russian boogeyman” campaign to boost its military presence in the region. With Moscow accused of harboring evil plans, a robust military infrastructure […]
From “Doom Loop” To Just “Doom”: Italian Debt Faces A “Huge Structural Shift”
From “Doom Loop” To Just “Doom”: Italian Debt Faces A “Huge Structural Shift” At the start of July, we revealed that a familiar force had returned to Europe. According to ECB data, during May when the market saw unprecedented Italian government bond turmoil, Italian bank holdings of domestic government bonds showed record buying over the […]
Debate Over Target2 Continues: Twilight of the Euro
Debate Over Target2 Continues: Twilight of the Euro The Target2 debate continues. Eurointelligence Promotes Still More Silliness. I previously commented on Target2 in Eurointelligence Displays Stunning Ignorance Regarding Target2. Eurointelligence blasts Faz for inaccuracies while spreading a pile of its own through the mouth of Mark Schieritz who says (translated) Do not be afraid of […]
The Biggest Monetary Experiments In History: Part 2
The Biggest Monetary Experiments In History: Part 2 In part one we discussed the troubling issues in Europe (in case you missed it, you can read it here). Today… Japan The story of Japan is really a story that begins with globalisation. According to the Oxford Dictionary, globalisation is described as: “The process by which […]
Could Germany Fracture?
Could Germany Fracture? All sorts of centralized organizations that appear rock-solid may well melt into air as the disintegrative dynamics gather momentum. Rising political and social discord that is generally being attributed to “populism” may actually be the re-emergence of ancient geographic and cultural fault lines. An often-overlooked manifestation of this might be the nation-state […]
The European Intervention Initiative: a New Military Force Established in Europe
The European Intervention Initiative: a New Military Force Established in Europe The predictions have come true about the emergence of a new defense group that will change the European security environment. On June 25, the defense chiefs from nine EU countries signed off on the creation of a new force called the European Intervention Initiative (EII), which […]
EU Globalists and Chinese Communists Team Up To Protect NWO
EU Globalists and Chinese Communists Team Up To Protect NWO On Monday, European Union leaders announced that officials from the EU and China were coming together to strengthen and protect their international trade relations from Trump’s “America First” agenda. Jyrki Katainen (shown, left), the vice-president of the EU’s ruling and unelected European Commission, said during […]
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
DEUTSCHE BANK’S TROUBLES RAISE WORRIES ABOUT THE FUTURE OF THE EURO ZONE The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of gross domestic product (GDP) in the euro area. Unfortunately, however, many euro banks are in lousy shape. They suffer […]
Europe Warns Of An Upcoming “Trade Apocalypse”
Europe Warns Of An Upcoming “Trade Apocalypse” As European officials struggle to do everything they can to save the WTO, which appears headed for an all-but-certain demise thanks to President Trump’s aggressive trade policies, EU leaders have apparently circulated an “internal memo” drafted by the European Commission that accuses the US of deliberately instigating the […]
The Biggest Monetary Experiments in History: Part 1
The Biggest Monetary Experiments in History: Part 1 … and all at the same time. Last week was a humdinger. Three things happened: One Firstly, our pasta-eating friends, after having experienced firsthand a blizzard of accelerating violent crime… and watching their previously gentrified neighbourhoods reconfigured into ghettos resembling the Maghreb, decided enough was enough and said […]



