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Assange, Varoufakis, Brexit
Assange, Varoufakis, Brexit A friend of mine here in Athens, Greece, named Wayne Hall, who’s of Australian descent but moved here at about the time Napoleon headed for St. Petersburg, and works as a translator and language teacher, sent me a mail a few days ago that I thought was interesting. In particular, Wayne referred […]
Britain Furious Iran Tanker Broke ‘Promise’ Not To Sell Its Oil To Syria
Britain Furious Iran Tanker Broke ‘Promise’ Not To Sell Its Oil To Syria Britain has slammed Iran for what it says is a breach in assurances regarding the previously detained Grace 1/Adrian Darya 1 tanker. Specifically a condition of the vessel’s release from UK/Gibraltar captivity last month was that it would not offload its 2.1 million […]
EU Bank Bosses Warn Of “Grave Consequences” If ECB Keeps Cutting Rates
EU Bank Bosses Warn Of “Grave Consequences” If ECB Keeps Cutting Rates The ECB’s imposition of negative interest rates have created an “absurd situation” in which banks don’t want to hold deposits, rages UBS CEO Sergio Ermotti, arguing that this policy is hurting social systems and savings rates. Ermotti is not alone. As European bank bosses […]
In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass
In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass Three weeks after a meeting between the countries who singed the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), which was ditched by US, French, British and German officials said the trade mechanism which was proposed last summer – […]
Iran To UK: We’ll Continue Oil Exports “Under Any Conditions” As Detained Tanker Crew Released
Iran To UK: We’ll Continue Oil Exports “Under Any Conditions” As Detained Tanker Crew Released As the “tanker wars” continue Iran’s Foreign Minister Mohammad Javad Zarif warned his British counterpart Jeremy Hunt in a telephone call on Saturday that Iran plans to continue its oil exports “under any conditions”. Zarif also repeated Iranian demands for the UK to release the […]
Meet the New European Union, Same as the Old One
Meet the New European Union, Same as the Old One The European Union chose new leadership this week. It was, for once, a fraught affair. No rubber stamps were anywhere to be seen. In the end all four of the new European Union leadership were not the frontrunners as put forth by German Chancellor Angela […]
The Winds are Shifting
The Winds are Shifting How do you define terror? Perhaps, because of the way the term has evolved in the English language, one wouldn’t call the west ‘terrorists’ per se, but ‘we’ are certainly spreading terror and terrorizing very large groups of people. Yeah, bring on the tanks and parade them around town. Add a […]
British Marines Seize Oil Tanker Headed For Syria In “Aggressive” Operation
British Marines Seize Oil Tanker Headed For Syria In “Aggressive” Operation A huge development Thursday regarding enforcement of Iran sanctions and the West’s economic war on both Damascus and Tehran: British Royal Marines seized an oil tanker in Gibraltar off Spain’s southern coast while it was en route to Syria in what’s being called an unprecedented and […]
Europe Won’t Admit the Mini-BOTs Are Coming
Europe Won’t Admit the Mini-BOTs Are Coming Italy is in serious trouble financially. This is virtually common knowledge at this point. What isn’t common knowledge is its Euroskeptic government led by Lega’s Matteo Salvini and Five Star Movement’s Luigi Di Maio are preparing an assault on the foundation of the European Union itself to save […]
Italian Yields Jump As Salvini Threatens To Crash Government
Italian Yields Jump As Salvini Threatens To Crash Government Clearly emboldened by the EU Parliamentary results, where the League won a plurality of the vote in Italy, Matteo Salvini on Thursday sent BTP yields higher by threatening to crash the Italian government if the Five Star Movement doesn’t back his tax-cut plan. BTP yields have […]
Debt is the Hidden Issue in The European Elections
Debt is the Hidden Issue in The European Elections The citizens of the European Union are called to vote this week for the European Parliament. It is not a real parliament, and it lacks prospects for becoming one, since all important decisions are taken by the unelected heads of the European Commission and the European […]
Seeds Sown for Major Transatlantic Trade War Starting in May
Seeds Sown for Major Transatlantic Trade War Starting in May Trump wants a trade treaty with the EU to include agriculture. France says no. It only takes one. Trump has made a considerable number of trade threats only to eventually back down. Will it play out that way again? For a number of reasons, I […]
Disinfo Maginot Line: Protecting EU from ‘Russian Influence’ – by Manufacturing History
Disinfo Maginot Line: Protecting EU from ‘Russian Influence’ – by Manufacturing History It is now apparent with the release of the Mueller investigation findings, that the great storm that has embattled the US government and establishment since 2016 over supposed Russia-Trump collusion during the US elections, originates not from a genuine tangible source, but a constant […]
Can the EU Survive the Next Financial Crisis?
Can the EU Survive the Next Financial Crisis? Despite the ECB’s subsidy of the Eurozone’s banking system, it remains in a sleepwalking state similar to the non-financial, non-crony-capitalist zombified economy. Gone are the heady days of investment banking. There is now a legacy of derivatives and regulators’ fines. Technology has made the over-extended branch network, […]
Blain: When This Insane Monetary Experiment Ends You Will Have Zero Chance To Exit
Blain: When This Insane Monetary Experiment Ends You Will Have Zero Chance To Exit This is the day the UK isn’t exiting Europe. Surprised? Not really. Think I’ll try something different this morning – a review of the week touching on some of the key themes we should be thinking about. Let me know what […]
