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Napoleon Reborn: We Need A “European Empire” To Challenge US And China, French Minister Says

As increasingly unpopular French President Emmanuel Macron’s calls for creating a “Real European Army” have been met with ridicule from President Trump, who has insisted that Macron should first try meeting France’s NATO commitments…

…Another senior French official upped the aggressive rhetoric in an interview published on Monday, saying that Europe shouldn’t be afraid of using its power to become “a peaceful empire” to help it stand up to China and the US. French Finance Minister Bruno Le Maire made the comments in an interview with Germay’s Handelsblatt, which noted that Germany remains largely opposed to such a Continent-wide military alliance.

French

To be sure, Le Maire insisted that “I am using this phrase because, in tomorrow’s world, it’s going to be all about power…technological power, economic, financial, monetary, cultural power – all will be decisive. Europe cannot be shy any longer about using its power.”

Le Maire also hinted that there will be “decisions made” about a Continent-wide fighting force during an upcoming EU summit.

“We have talked about it for a long time. Now it’s time for decisions. And there will be decisions made on December 4, at the next meeting of the economy and finance ministers. I cannot imagine anything else.”

Because the people of Europe have had enough of the “babble from Brussels.”

“Everybody knows it takes guts to stand in the way of Donald Trump’s administration,” Le Maire said. “The people of Europe have had enough of the babble from Brussels. They want to see action.”

…click on the above link to read the rest of the article…

France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions

France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions

Tank farm

France aims to lead the European Union (EU) efforts in defying U.S. sanctions on Iran, by supporting the creation of a payment mechanism to keep trade with Iran and making the euro more powerful, France’s Economy Minister Bruno Le Maire said in an interview with the Financial Times.

“Europe refuses to allow the US to be the trade policeman of the world,” Le Maire told FT, adding that the EU needs to affirm its independence in the rift between the EU and the United States over the sanctions on Iran.

The EU has been trying to create a special purpose vehicle (SPV) that would allow the bloc to continue buying Iranian oil and keep trade in other products with Iran after the U.S. sanctions on Tehran return.

The idea behind the SPV is to have it act as a clearing house into which buyers of Iranian oil would pay, allowing the EU to trade oil with Iran without having to directly pay the Islamic Republic.

As the U.S. sanctions on Iran snapped back on Monday, the SPV hasn’t been operational and reports have had it that the undertaking is very complicated and politically sensitive. The bloc is also said to be struggling with the set-up, because no EU member is willing to host it for fear of angering the United States, the Financial Times reported recently, citing EU diplomats.

On Monday, the Belgium-based international financial messaging system SWIFT said that it would comply with the U.S. sanctions on Iran and would cut off sanctioned Iranian banks from its network. This was a blow to the EU’s attempts to defy the U.S. sanctions.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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