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EU Weakens Climate Deal To Keep UK, Poland On Board
EU Weakens Climate Deal To Keep UK, Poland On Board. European Union leaders have agreed to a landmark deal to significantly reduce greenhouse gas emissions over the next 15 years. The agreement, reached Oct. 24, calls for reducing greenhouse gas emissions by 40 percent below 1990 levels by 2030. European Council chair Herman Van Rompuy called the […]
The Mother of all Jobs in the EU | Wolf Street
The Mother of all Jobs in the EU | Wolf Street. Ironically, the more Eurocrats try to integrate the EU through imposition of fiscal, monetary, banking, and political straitjackets, the closer the Union comes to disintegration. By Don Quijones, freelance writer, translator in Barcelona, Spain. Editor at WOLF STREET. Mexico is his country-in-law. Raging Bull-Shit is his modest attempt […]
French Unemployed Hits Record High, Hollande Demands EU Budget “Must Be Adapted” | Zero Hedge
French Unemployed Hits Record High, Hollande Demands EU Budget “Must Be Adapted” | Zero Hedge. France’s President Francois Hollande states confidently that “everyone should respeoct treaties,” then ‘Junckers’ it with this stunningly hypocritical bullshit, “budget rules must be adapted” to support growth and France “has done what it has to do” on its deficit… one […]
The Death Rattle of Europe’s Statist Dream |
The Death Rattle of Europe’s Statist Dream |. Europe’s all-too-predictable relapse into recession is gathering force, threatening not only the pipe dream of economic and political unity, but eroding grandiose illusions that have helped prop up the world’s financial house of cards. The unwillingness of France in particular to play by the EU’s — i.e., […]
Letter to the PM outlining how 2°C demands an 80% cut in EU emissions by 2030
Letter to the PM outlining how 2°C demands an 80% cut in EU emissions by 2030 Below is an open letter (22nd Oct. 2014) to both the UK’s Prime Minister and the Secretary of State at the Department of Energy & Climate Change (DECC). The letter summarises why the IPCC’s carbon budgets for a “likely” chance of not […]
George Soros Slams Putin, Warns Of “Existential Threat” From Russia, Demands $20 Billion From IMF In “Russia War Effort” | Zero Hedge
George Soros Slams Putin, Warns Of “Existential Threat” From Russia, Demands $20 Billion From IMF In “Russia War Effort” | Zero Hedge. If even George Soros is getting concerned and writing Op-Eds, then Putin must be truly winning. Here are the highlights from what the Open Society founder has to say about the “existential” Russian […]
EU Braces for Battle to Set Energy Goals for Next Decade – Bloomberg
EU Braces for Battle to Set Energy Goals for Next Decade – Bloomberg. European Union leaders face heated negotiations today on a deal to toughen emission-reduction policies in the next decade and boost the security of energy supplies amid a natural-gas dispute between Russia and Ukraine. The main challenge for the 28 heads of government will be […]
ECB cools speculation over bank health checks ahead of results | Reuters
ECB cools speculation over bank health checks ahead of results | Reuters. (Reuters) – The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower. Austria’s Erste Group (ERST.VI) rejected the […]
Germany’s Merkel Agrees with ‘Angry’ Slovak Leader that Ukraine Bums EU to Pay for Russian Gas Washington’s Blog
Germany’s Merkel Agrees with ‘Angry’ Slovak Leader that Ukraine Bums EU to Pay for Russian Gas Washington’s Blog. On October 21st, the German Economic News headlined (as translated), “Merkel: EU Taxpayers Should Finance Debt of Ukraine,” and reported that, “Angela Merkel visited [Slovakia’s Finance Minister] Robert Fico on Monday [in the Slovak capital of Bratislavia]. Both […]
Wealth Inequality Is Not A Problem, It’s A Symptom – The Automatic Earth
Wealth Inequality Is Not A Problem, It’s A Symptom – The Automatic Earth. NPC Dedication, George Washington Masonic Memorial, Alexandria, VA Nov 1 1923 A comment on an article that comments on a book. I don’t think either provides, for the topic they deal with, the depth it needs and deserves. Not so much a criticism, more […]
Kudos To Herr Weidmann For Uttering Three Truths In One Speech | David Stockman’s Contra Corner
Kudos To Herr Weidmann For Uttering Three Truths In One Speech | David Stockman’s Contra Corner. Once in a blue moon officials commit truth in public, but the intrepid leader of Germany’s central bank has delivered a speech which let’s loose of three of them in a single go. Speaking at a conference in Riga, […]
