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The re-emergence of crisis theory as Europe faces new calamity: Don Pittis
The re-emergence of crisis theory as Europe faces new calamity: Don Pittis To Canadian political economist Daniel Drache, Europe feels like it could be on the verge of a crisis. Yesterday’s violent killings at the Charlie Hebdo newspaper offices in Paris did nothing to change that feeling. “I think there’s lots of turmoil ahead,” said Drache, who […]
The Deflation Calamity Howlers Are Dead Wrong—-In Europe And Everywhere Else
The Deflation Calamity Howlers Are Dead Wrong—-In Europe And Everywhere Else The calamity howlers of deflation are out in force this morning owing to an absolute economic non sequitur. Namely, that year-on-year consumer prices in the EU came in at negative 0.2% in December, implying that ECB printing presses need to go into immediate overdrive. Well, of course the CPI […]
Crude oil falls to lowest price in five years
Crude oil falls to lowest price in five years Crude oil prices have fallen below $50 per barrel for the first time since 2009, hit by OPEC’s production stance, oversupply, weak demand and the strong dollar. European Brent oil dived to $49.81 a barrel on Wednesday, a 5-year-low. New York crude had already slumped under […]
Land concentration, land grabbing and people’s struggles in Europe
Land concentration, land grabbing and people’s struggles in Europe This report, involving 25 authors from 11 countries, reveals the hidden scandal of how a few big private business entities have gained control of ever-greater areas of European land. It exposes how these land elites have been actively supported by a huge injection of public funds […]
Russia’s “Startling” Proposal To Europe: Dump The US, Join The Eurasian Economic Union | Zero Hedge
Russia’s “Startling” Proposal To Europe: Dump The US, Join The Eurasian Economic Union | Zero Hedge. Slowly but surely Europe is figuring out that as a result of the western economic and financial blockade of Russian, it is Europe itself that is suffering the most. And while Germany was first to acknowledge this late in […]
2015 Will Be All About Iran, China and Russia
2015 Will Be All About Iran, China and Russia Upcoming 2015 year will be all about further moves towards the integration of Eurasia as the US is progressively squeezed out of Eurasia, Pepe Escobar believes. BEIJING, December 31 (Sputnik) — Fasten your seatbelts; 2015 will be a whirlwind pitting China, Russia and Iran against what I have described as the Empire of Chaos. So yes – it […]
Greek ‘political blackmail’ of EU won’t work anymore, says top Merkel party member — RT News
Greek ‘political blackmail’ of EU won’t work anymore, says top Merkel party member — RT News. With the possibility of a leftist anti-austerity party dominating Greek elections later this month, a high-ranking member of German Chancellor Angela Merkel’s party has said Greece could no longer “blackmail” the EU. Michael Fuchs, an MP for Merkel’s Christian […]
Greece dissolves parliament for January vote – Europe – Al Jazeera English
Greece dissolves parliament for January vote – Europe – Al Jazeera English. Greece’s parliament has been dissolved ahead of an early election that will be warily watched by markets and international creditors concerned that the austerity-weary country could starting unwinding unpopular fiscal reforms. It was parliament’s failure to choose a new president in three successive […]
The Cradle of Democracy Should Defy the Autocrats & Kleptocrats | StealthFlation
The Cradle of Democracy Should Defy the Autocrats & Kleptocrats | StealthFlation. On the old continent, this December 29th, a succinct political showdown is scheduled to take place which may well become a defining moment for our entirely unsettled new millenium. What is at stake is none other than the prosperity of the common man […]
60 Prominent Germans Appeal Against Another War In Europe: “It Is Not About Putin. What Is At Stake Is Europe” | Zero Hedge
60 Prominent Germans Appeal Against Another War In Europe: “It Is Not About Putin. What Is At Stake Is Europe” | Zero Hedge. Two weeks ago, as the S&P was preparing to surge on the latest round of all time high market-goosing algo trickeryby the FOMC, 60 prominent German personalities from the realms of politics, economics, culture and […]
Pentagon confirms military buildup along Russian borders for ‘peace and stability’ — RT News
Pentagon confirms military buildup along Russian borders for ‘peace and stability’ — RT News. The Pentagon has confirmed the military buildup along Russia’s borders to ensure long-term “peace and stability” in the region. Earlier Moscow accused NATO of a sharp increase in air activity and intelligence flights in the border zone. Replying to RIA Novosti’s query on […]
This Week In Energy: Low Oil Prices Not The Only Threat To US Energy
This Week In Energy: Low Oil Prices Not The Only Threat To US Energy. Urgent Note: This week, our analyst Dan Dicker provides key insights into the companies now considered to be the walking dead in the energy space. The debt burdens of these companies make for a bleak outlook, and this information is need-to-know […]
Falling Oil Prices Could Cripple ‘Vulnerable’ Russia, Trigger World War III
Falling Oil Prices Could Cripple ‘Vulnerable’ Russia, Trigger World War III. The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas. The U.S. and European sanctions against Russia will become more severe and crippling […]
‘Extremism’: Perception vs reality? – Inside Story – Al Jazeera English
‘Extremism’: Perception vs reality? – Inside Story – Al Jazeera English. The rise of the Islamic State of Iraq and the Levant (ISIL) in Syria and Iraq is raising fears of radicalisation across Europe. The perception is of battle-hardened fighters returning from the frontline, full of anger and resentment, prepared to carry on the fight at home. […]
