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Beast From The East: Europe’s Feeling The Chill
Beast From The East: Europe’s Feeling The Chill The “Beast from the East” has well and truly arrived in Europe, blanketing much of the continent in snow. The Siberian weather system has sent temperatures plummeting to as low as -30°C in some places and, as Statista’s Niall McCarthy reports, at least ten people have died due to […]
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 Beast from the East and European Energy Security
The Beast from the East and European Energy Security European energy security is a subject I return to time and again normally prompted by some kind of event. This time it is severe cold weather and snow that has spread from Siberia over the whole of North and Western Europe, rather late in the season, […]
The Coming Banking Crisis & The End of Bailouts
The Coming Banking Crisis & The End of Bailouts Behind the curtain, there is a growing concern about a serious banking crisis beginning once again in Europe. Many governments are talking about the crisis behind-the-curtain and we are now beginning to see steps that are being taken to end the TO-BIG-TO-FAIL policies that dominated the […]
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 […]
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 […]
Why Are European Governments So Terrified of ‘Fake News’?
Why Are European Governments So Terrified of ‘Fake News’? When Swedish authorities representing a Swedish left-wing government and media announce a project to prevent “fake news” from “decisively influencing” the 2018 elections, this ought to set off loud alarm bells among Swedes. Who determines what constitutes “fake news” anyway? Is it not the very essence […]
Asia Crashes, Europe Slides, US Rebounds But Yields Resume Ominous Rise
Asia Crashes, Europe Slides, US Rebounds But Yields Resume Ominous Rise “$5 trillion was wiped out from global stocks this week.” After yesterday’s violent last hour plunge in US stocks, which also sent the VIX surging back to the mid-30s, the overnight session was somewhat muted, with European stocks falling further on Friday morning, but […]
Death of Democracy? – Part I
Death of Democracy? – Part I “The result of 25 years of multiculturalism has not been multicultural communities. It has been mono-cultural communities… Islamic communities are segregated.” – Ed Husain, former Muslim extremist. This approach, giving social-services, is based on the belief — oft-refuted — that Muslim extremists (both Muslims-by-birth and converts) have suffered from […]
Can the Impending Collapse of Russiagate Halt the Slide Toward a Nuclear 1914?
Can the Impending Collapse of Russiagate Halt the Slide Toward a Nuclear 1914? In the period preceding the World War I how many Europeans suspected that their lives would soon be forever changed – and, for millions of them, ended? Who in the years, say, 1910 to 1913, could have imagined that the decades of […]
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 […]
Each EU Citizen Creates 31kg Of Plastic-Waste Per Year (But The Irish Are Worst)
Each EU Citizen Creates 31kg Of Plastic-Waste Per Year (But The Irish Are Worst) Plastic packaging waste is a huge problem around the world. Despite efforts in some European countries such as plastic bottle deposit schemes or having to pay for plastic bags in the supermarket, Statista’s Martin Armstrong notes that the average EU citizen […]
Cold War Mentality Belies Fear of Democratic World Order
Cold War Mentality Belies Fear of Democratic World Order This past week saw a spate of international security alarms which underlines the danger of the world stumbling into catastrophic war. Those alarms, which were either false or hyped up, stem from a Cold War mentality. Such a mentality is not only dangerous, it is also […]
Regime Change and Globalization Fuel Europe’s Refugee and Migrant Crisis
Regime Change and Globalization Fuel Europe’s Refugee and Migrant Crisis Right-wing populists are exploiting the migration issue in both the United States and Europe, but dismissing their arguments would be a mistake. Instead, an honest assessment of the economic and regime-change policies that fuel migration is needed, reports Andrew Spannaus. Anti-establishment political forces in the […]
Big Guns, Better Chow, and More US-NATO Aggression
Big Guns, Better Chow, and More US-NATO Aggression A headline in the US military magazine Stars and Stripes last September was eye-catching. It told readers that there were “Big guns, better chow for US soldiers on Russia deterrence mission” in Lithuania. Apparently the guns and chow were provided for the “500 173rd Airborne Brigade soldiers that swooped into the […]
