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Russia-Ukraine Gas Spat Highlights Geopolitical Divide
Russia-Ukraine Gas Spat Highlights Geopolitical Divide The latest gas dispute between Russia and Ukraine flared up just as most of Europe was gripped by Arctic cold and just before the spy poisoning scandal in which the UK accused Moscow of poisoning a former double agent in England by a military-grade nerve agent of a type […]
The Way to Survive Hyperinflation
The Way to Survive Hyperinflation COMMENT: Mr. Armstrong; I just wanted to comment that I am from Venezuela. My father came here to visit me in Florida where I live with a Green Card. Everything he saved in life for his retirement is now worthless and it does not even pay to travel back to […]
The euro area’s deepening political divide
The euro area’s deepening political divide Two European elections – in Germany on 24 September 2017 and Italy on 4 March 2018 – warn that the peoples of Europe are drifting apart. Much of the recent deepening of these divisions can be traced to Europe’s single currency, the euro. This column argues that the political […]
Sweden Unveils Plans For ‘Total Societal Mobilization’ Against Russia
Sweden Unveils Plans For ‘Total Societal Mobilization’ Against Russia In yet another sign of what Russia expert Stephen Cohen has described as the escalating New Cold War, non-NATO aligned Sweden is initiating detailed plans to ready itself for total societal mobilization in response to military attack from a major external power. As Aaron Mehta points out […]
Attack Against Nord Stream 2 Renewed with Vigor: Whose Interests Does It Meet?
Attack Against Nord Stream 2 Renewed with Vigor: Whose Interests Does It Meet? Economics dictate national interests. Foreign policy is the tool used to advance it. Moscow has to fight back on all fronts, but the truth is that Washington does not care much about chemical attacks in Eastern Ghouta, the Salisbury poisoning, election meddling, […]
Albert Edwards: “Trump Will Soon Turn His Protectionist Fire On Germany. That Will Be Messy”
Albert Edwards: “Trump Will Soon Turn His Protectionist Fire On Germany. That Will Be Messy” We were wondering how long before one of our favorite “perma-skeptics”, Socgen’s Albert Edwards, would chime in on the global trade war that broke out in the past few weeks, especially since trade protectionism, tariffs and subsidies are the opposite […]
Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It)
Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It) Years after Crisis Was “Solved.” Europe’s banking authorities are finally beginning to pile pressure on poorly performing banks to clean up their books, something that should have happened a long, long time ago. But as is often the case with European […]
Lativa Banking Crisis Unfolding on Schedule – Will There Be a European Contagion?
Lativa Banking Crisis Unfolding on Schedule – Will There Be a European Contagion? The Latvian Financial Supervisory Authority is concerned announcing a resolution plan for the crisis bank ABLV that is threatening a contagion risk of further closures of financial institutions in the country with a predominantly foreign customer base. There is a serious […]
Russia Blamed For Italian Election Outcome
Russia Blamed For Italian Election Outcome If there is a European election, and the anti-establishment parties score a stunning victory (as just happened in Italy, and a few months prior, in Austria), who’re you gonna blame? Vladimir Putin (of course)! That’s what Samantha Power, one of the top diplomats in the Obama administration, did when […]
Italian Elections – Another Nail in the Coffin of Brussels?
Italian Elections – Another Nail in the Coffin of Brussels? The Italian election results are in and once again it demonstrates that correlating economics with voting, you end up with a far more accurate forecast. Trying to predict based upon samples of calling people appears to be not merely questionable, but also prone to human […]
Europe Will Retaliate To Trump Trade War With 25% Tariffs Targeting GOP States
Europe Will Retaliate To Trump Trade War With 25% Tariffs Targeting GOP States Following through with threats of retaliation made earlier in the week, the European Union on Tuesday is preparing punitive tariffs on iconic US brands produced in Republican-controlled states as US trade partners try to do anything and everything they can to stymie […]
Italy’s Results are Truly Forza Italia!
Italy’s Results are Truly Forza Italia! Europe is headed for a breakup. But, after a year of watching the EU establishment work the polls just enough to maintain the status quo in the Netherlands, France and Germany I wasn’t expecting much from yesterday’s Italian elections. But with turnout over 73% we got just that. Voters were […]
How the US Establishment Lies Through Its Teeth, for War Against Russia
How the US Establishment Lies Through Its Teeth, for War Against Russia The same people, Republicans and Democrats, who lied through their teeth for an invasion of Iraq in 2003, are doing it again for an invasion of Russia, sometime soon, so as to ‘defend’ ‘democracy’. The US has by now swallowed up virtually all lands surrounding Russia, at […]
NPT Violated: Russia Raises Issue of Utmost Importance
NPT Violated: Russia Raises Issue of Utmost Importance Speaking at the UN Geneva Disarmament Conference, Russian Foreign Minister Sergey Lavrov said that Russia is threatened by American tactical nuclear weapons (TNW) stationed in Europe and the destabilizing effect of joint nuclear missions (JNM) that NATO forces are being trained for. The statement is more than […]
