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NordStream 2 splits the Western World
NordStream 2 splits the Western World If we were to paint the current situation with a broad brush, we would receive the following simplified picture. The European Union is split into two camps: the old and new member states. The West is split across the Atlantic: it is – roughly – Washington against Paris and […]
Turkey Rejects US & EU Calls To Cease East-Med Gas Drilling As Greece Threatens Military Action
Turkey Rejects US & EU Calls To Cease East-Med Gas Drilling As Greece Threatens Military Action Days after the US State Department warned Turkey over its gas reserves exploration and drilling plans in waters between Cyprus and Greece, which Athens has declared ‘illegal’ given it cuts into Greece’s Exclusive Economic Zone (EEZ), the European Union has […]
Deep European Recession Forecast For 2020
Deep European Recession Forecast For 2020 In its Summer Forecast published today, the European Commission downgraded its own projection from earlier in the year, making for an even grimmer outlook for the EU economy in 2020. The -7.4 percent contraction originally expected has been reassessed to -8.3 percent. You will find more infographics at Statista In the EC press […]
Europe must prepare for life after oil
Europe must prepare for life after oil The COVID-19 pandemic is forcing us to leave the fossil fuel era behind. Europe needs to begin preparing for what comes next. Oil prices have crashed. The most visible cause has been the measures taken to contain the COVID-19 pandemic, which have triggered record lows in global oil […]
EU Economy Traveling Along Same Worn Dead-end Road
EU Economy Traveling Along Same Worn Dead-end Road With so many countries across the world facing difficulties, many people have yet to notice the Euro-Zone has become a place where hope goes to die. The last round of elections in the Euro-Zone should bring little comfort to those supporting a stronger Europe. Huge gains were […]
Rabobank: Stocks Go Up As Everything Is Going Down In Flames
Rabobank: Stocks Go Up As Everything Is Going Down In Flames It’s All Going to the Dogs (and Goats) Friday’s April US payrolls report showed 20.5 million jobs lost when in an ordinary downturn 200,000 might be considered bad; the drop in March alone was larger than that seen during the worst of the global financial […]
Eurozone Breakup Risk at New High
Eurozone Breakup Risk at New High The German Constitutional Court made an unexpected and significant ruling last week against the ECB and Quantitative Easing. QE Deemed Illegal In the midst of a pandemic and an important presidential election, it is very easy to miss globally significant events. Here is one that is way under the radar: […]
China Daily Censors Opinion Article Written By EU Officials; Removes Any Mention Of China As Virus Origin
China Daily Censors Opinion Article Written By EU Officials; Removes Any Mention Of China As Virus Origin BuzzFeed’s Alberto Nardelli points out that the European Union failed to discuss edits, including the removal of references to the spread of COVID-19, in an op-ed jointly published by all 27 member states in a Chinese-owned newspaper. Some European officials did not find out about the secret […]
Covid-19 Shatters the Facade of European Union
Covid-19 Shatters the Facade of European Union The new coronavirus and its accompanying disease Covid-19 has stopped the globe in its tracks. Governments, markets and news cycles have become dominated by the pandemic. Europe is now the epicenter for the disease, with reportedly more fatal cases of infection than China where the virus first erupted in December. […]
Leaked Reports Show EU Police Are Planning a Pan-European Network of Facial Recognition Databases
LEAKED REPORTS SHOW EU POLICE ARE PLANNING A PAN-EUROPEAN NETWORK OF FACIAL RECOGNITION DATABASES A POLICE INVESTIGATOR in Spain is trying to solve a crime, but she only has an image of a suspect’s face, caught by a nearby security camera. European police have long had access to fingerprint and DNA databases throughout the 27 countries […]
The Death Of Free Speech: Zuckerberg Asks Governments For Instructions On “What Discourse Should Be Allowed”
The Death Of Free Speech: Zuckerberg Asks Governments For Instructions On “What Discourse Should Be Allowed” I have written for years on the effort of European countries to expand their crackdown on free speech globally through restrictions on social media and Internet speech. It appears that Facebook chief executive Mark Zuckerberg has relented in what may prove […]
Gas Wars in the Mediterranean
Gas Wars in the Mediterranean The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the region and cleared the way for a dramatic escalation in the 9 year-long Libyan civil […]
Europe Leads The World In Environmental Protection
Europe Leads The World In Environmental Protection Earlier this week, the European Union unveiled their European Investment Plan aimed at shifting 1 trillion euros into making the economy more environmentally friendly over the next 10 years. Statista’s Willem Rpoer reports that the investment plan is in line with European Commission president Ursula von der Leyen’s Green Deal, which looks to make the […]
FREXIT – Is France Hurling toward Exiting the EU?
FREXIT – Is France Hurling toward Exiting the EU? France is by no means calming down. There is a major underlying problem in France which is rising to the surface in direct confrontation with the government and Macron’s ambition to lead Europe. Macron’s confrontation with Trump over NATO is a reflection of a historical posture […]
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions On Friday six European countries issued a bombshell joint statement declaring their intent to join INSTEX, or the Instrument in Support of Trade Exchanges, a European special-purpose vehicle serving as a ‘SWIFT alternative’ to bypass US sanctions on Iran. Finland, Belgium, Denmark, Netherlands, […]
