EUROPE | WHAT REALLY HAPPENED


EUROPE

Dec 06 09:06

Bailed out Spanish bank 'cooked books'

Bailed-out Spanish financial giant Bankia misrepresented its accounts ahead of its doomed 2011 stock listing which coincided with suspect buying and selling of its shares, central bank experts claimed on Thursday.

Dec 06 08:05

Hungary summons US envoy over McCain remarks

Hungary has summoned the United States top diplomat in Budapest after Republican Senator John McCain described the country's prime minster as a “neo-fascist dictator.”

Dec 06 04:18

Disgusted, Russia Officially Gives Up Any Pretense of "Dialog" With the AngloZionist Empire

It is painfully clear that Russia considers the USA a an arrogant bully which Russia can stop and that Russia considers the regimes in power in the EU as voiceless colonies. Equally clear is the fact that the Russians are fed up with trying to plead or reason with anybody in the West. The Americans are too arrogant, the Europeans too spineless.

Dec 05 14:55

Europe fears frankenstein food USA

On a velvety green patch of the French countryside, organic farmer Jean Cabaret gave a little shudder. A looming trade deal with the United States, he fears, may make his worst culinary nightmare come true: an invasion of Europe by American “Frankenfoods.”

Dec 05 11:22

Growth forecast for German economy slashed in HALF after ECB keeps eurozone investors waiting for money-printing stimulus

Germany's economic growth next year will be half the level previously expected, according to forecasts from its central bank today.

The Bundesbank slashed its 2015 growth forecast for Europe's largest economy to 1.0 per cent next year, compared with its June estimate of 2.0 per cent.

The drastic downgrade comes after the European Central Bank disappointed investors yesterday by failing to pull the trigger on monetary stimulus for an ailing eurozone that faces the twin threats of recession and deflation.

Dec 05 11:17

Finns green light $8.7bn Russian nuclear plant order

Finland has approved plans for a nuclear power plant to be built by Russia’s Rusatom Overseas with an $8.7 billion price tag, even though there are worsening economic relations between Russia and the rest of Europe.

The reactor will be built in northern Finland for the Fennovoima power company, and financed by Russia’s state-controlled Rusatom. It is scheduled to begin operation in 2024.

Dec 05 10:14

Americans Losing Faith in Democracy

Americans feel increasingly powerless to influence policies either to address their economic plight or to curtail the nation’s overseas military adventures.

Kurt Campbell, who was assistant secretary of state for East Asian and Pacific affairs until last year, had an interesting op-ed the other day that relates to the growing inequality of income within the United States to a lowering of the international standing of the United States and of its ability to sustain international engagement abroad.

For the American public, lack of active support for an active foreign policy is not only a matter of competition for scarce resources. It also involves a sense of empowerment, or a lack thereof. The public will care less and be less informed about foreign policy to the extent that it does not believe it has a say that really matters in determining that policy.

Dec 04 09:31

ECB 'steps up' plans for more stimulus measures

The European Central Bank (ECB) has "stepped up" plans for more stimulus measures aimed at revitalising the eurozone economy, bank president Mario Draghi has said.

Webmaster's Commentary: 

Meaning they will print up more money to give to the banks to lend to the people at interest!

Dec 03 23:07

The Real Reason Russia Cancelled South Stream

The Russians called the EU's bluff by pulling out of the project instead of accepting the EU's conditions and are cutting deals with China and Turkey instead.

Dec 03 22:59

Sweden faces snap election after budget falls

Sweden's prime minister has announced that he will call the country's first snap election in over half a century.after just two months in power.Stefan Lofven's new government was thrown into crisis after a far-right party struck down its first budget. At the heart of the dispute is immigration.

Dec 03 15:20

Greece needs bailout extension as new credit line delayed, EU official says

Greece will have to ask for an extension on its bailout program before parliaments in eurozone nations close for Christmas because a new credit line will not be ready in time, a senior euro zone official said on Wednesday.

Dec 03 14:47

Italian police bust Eritrean people trafficking ring

Italian police said on Wednesday they had busted an Eritrean trafficking ring accused of smuggling migrants into Europe on perilous Mediterranean boat crossings, including one in which 244 people died.

Dec 03 14:38

Spanish crowdfunded documentary 'to expose train crash lies'

A year and a half after a train crash killed 81 people in northern Spain, victims are hoping a new crowdfunded documentary will expose what they believe is the web of misinformation surrounding the crash.

Dec 03 13:01

Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of South Stream

The new project will include a specially-constructed hub on the Turkish-Greek border. Russia’s energy minister Aleksandr Novak said it will supply customers in Eastern and Southern Europe.

Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market.

The new pipeline to Turkey will have an annual capacity of 63 billion cubic meters. A total of 14 bcm will be delivered to Turkey, which is Gazprom’s second biggest customer in the region after Germany.

Russia’s energy minister Aleksandr Novak said that the new project will include a specially-constructed hub on the Turkish-Greek border for customers in southern Europe.

Dec 03 12:45

MH17: What is the Joint Investigation Team, What Is It for, Who’s Leading it and Why is Malaysia Excluded?

Several authors have recently asked why Malaysia is not part of the MH17 joint investigation team and why is Ukraine, a suspect in this case, part of it? The questions we should first be asking are what exactly is the joint investigation team, in which legal framework is it operating and why was it established?

Dec 03 12:43

Accident at largest nuclear power plant in Europe revealed by Ukraine PM

There has been an accident at a nuclear plant in the southeast of Ukraine, Prime Minister Arseny Yatsenyuk has revealed during the first session of his new Cabinet.

Dec 03 09:19

The Risk of Misreading Russia’s Intent

Official Washington’s “group think” on Ukraine holds that the crisis is all about Russian “aggression” and “expansionism” even with comparisons to Hitler. But such a hyperbolic interpretation of intent can create its own dangerous dynamics.

Much of the discourse over the past year about responding to Russian moves in Ukraine has been couched in terms of the need to stop aggressive expansionism in its tracks. Hillary Clinton has even invoked the old familiar analogy to Nazi expansionism in likening some of the Russian actions to what Germany was doing in the 1930s.

With or without the Nazi analogy, a commonly expressed concept is that not acting firmly enough to stop Russian expansionism in Ukraine would invite still further expansion.

Underlying such arguments are certain assumptions about wider Russian intentions.

Dec 03 09:16

Der Spiegel Tones Down Anti-Putin Hysteria

The mainstream U.S. news media continues to spew out a steady flow of anti-Russian propaganda over the Ukraine crisis, but the prominent German newsmagazine Der Spiegel has begun to temper its belligerent tone, finally reflecting the more nuanced reality.

Last summer, the German news magazine Der Spiegel was swept up in the Western hysteria over Russian President Vladimir Putin and the Ukraine crisis, even running a bellicose cover demanding “Stop Putin Now” and blaming him for the 298 deaths in the July 17 crash of Malaysia Airlines Flight 17 in eastern Ukraine.

At the time, I was being told by a source briefed by U.S. intelligence analysts that the emerging scenario pointed more toward an extremist group associated with the Ukrainian government although not under the control of Kiev’s senior leadership. But the major media in the U.S. and Europe refused to rethink the early “conventional wisdom.”

Dec 03 09:11

Pssst! Is Israel going crazy?

Is Israel cracking up? There have been more and more reports in recent days that suggest the political culture is going crazy; and that there’s nothing to hold that craziness down.

Israel’s leaders are catering to knuckleheads and crazies because there’s a political payoff. Max Blumenthal saw/predicted a lot of this with his book of a year ago that the mainstream has done its best to ignore.

Now at last the global community is frightened by this trend; the New York Times says Netanyahu’s initiative is “heartbreaking” for those who believe in Israeli democracy.

Dec 02 20:25

Renewable Energy Becomes Scotland’s Main Source of Electricity

Waking Times

Clean, renewable energy sources are now Scotland’s number one source of power, according to new figures from the UK’s Department of Energy and Climate Change and reported in Scotland’s daily paper The Scotsman. The figures, which include solar, wind, hydro and biomass, showed that renewable energy generated 32 percent more electricity than any other single source in the first half on 2014. Renewable energy sources produced a record 10.3 terawatt-hours of power, compared to 7.8TWh from nuclear, 5.6TWh from coal and 1.4TWh from gas-fired power stations during that same time.

Dec 02 16:05

EU Puppet Bulgaria Kills Russian Pipeline

President Vladimir V. Putin of Russia said South Stream, a major project to deliver natural gas to Europe, would be redirected through Turkey after pressure from the European Union.

Dec 02 09:42

Outgoing Brussels chief Herman van Rompuy to get almost £600,000 for doing NOTHING

The former president of Europe will get nearly £600,000 of taxpayers’ money for doing nothing, it was reported last night.

Herman Van Rompuy, 67, is entitled to the money as a ‘transitional allowance’ over the next three years after finishing his term as European Council president yesterday – to help ‘ease’ him back into life outside Brussels.

The Belgian politician will be paid £133,723 a year – 55 per cent of his basic salary – until December 2017, on top of his annual EU pension of £52,000.

Dec 02 09:30

Europe May Face 'Disaster' Due to South Stream Cancellation: Czech Company

Cancellation of the South Stream gas pipeline project spells a disaster for the Baltic States, as well as Bulgaria, Serbia, Hungary and Austria, the marketing director of Czech gas company said.

Dec 02 07:52

Outgoing Brussels chief Herman van Rompuy to get almost £600,000 for doing NOTHING

The former president of Europe will get nearly £600,000 of taxpayers’ money for doing nothing, it was reported last night. Herman Van Rompuy, 67, is entitled to the money as a ‘transitional allowance’ over the next three years after finishing his term as European Council president yesterday – to help ‘ease’ him back into life outside Brussels.

Dec 01 19:32

Putin drops South Stream gas pipeline to EU, courts Turkey

Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts.

Dec 01 18:25

Israel sees ‘stars aligned’ for new gas pipeline to Europe

Israel and Cyprus have launched a new push for EU funds to build a pipeline that could bring about 10 billion cubic metres (bcm) of their natural gas to Europe annually, and ease the continent’s energy security anxieties.

But Palestinians are warning that without a broader resolution of regional disputes, the pipeline risks becoming a source of conflict.

Dec 01 16:29

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 in the face of drastically falling oil prices – prices which are falling drastically because of the unprecedented boom of shale gas fracking both domestically in the U.S. and abroad in Ukraine and other locales. The oil & gas giants like Chevron and Exxon Mobil have created revolutionary conditions with now direct consequences on U.S. foreign policy and global war for dominance. Via Bloomberg:

Dec 01 14:35

Snowden awarded 'Alternative Nobel Prize'

US whistleblower Edward Snowden has been awarded The Right Livelihood Award, commonly known as the Alternative Nobel Prize in Stockholm. The ceremony began after a top Green Party politician said the American should be granted asylum in Sweden, sparking a global debate.

Dec 01 14:32

Italy examines 13 deaths in Novartis flu jab probe

Thirteen people in Italy may have died after taking a flu vaccine made by Swiss pharmaceuticals giant Novartis.

Dec 01 12:35

NEW G20 RULES: CYPRUS-STYLE BAIL-INS TO TAKE DEPOSITS AND PENSIONS

On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known what they were endorsing when they rubber-stamped the Financial Stability Board’s “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution,” which completely changes the rules of banking.

Dec 01 12:16

UNGA — Adopted Six Resolutions regarding Israeli Occupied Territories

Just look at the nations controlled by the grubby little bribe takers: Stephen Harper of Canada and Australia’s Tony Abbott, who either voted against the six resolutions, or abstained; openly admitting that land-theft and prisoner-of-war slaying are permissible, as long as the Jewish State of Israel can cloak them in some kind of constitutionally fraudulent legalese.

Dec 01 12:13

‘Western sanctions aimed at regime change in Russia’ – Lavrov

“Western leaders publicly state that the sanctions must hurt [Russia's] economy and stir up public protests. The West doesn’t want to change Russia’s policies. They want a regime change. Practically nobody denies that,” Lavrov told a leading think-tank in Moscow.

The ultimate goal of the anti-Russian sanctions imposed by some Western nations is to stir public protests and oust the government, Russian Foreign Minister Sergey Lavrov said.

Dec 01 12:04

Der Spiegel Tones Down Anti-Putin Hysteria

While the major U.S. media has become one continuous conveyor belt of anti-Russian propaganda, Der Spiegel finally seems to have slowed down the assembly-line manufacturing of lies and exaggerations by offering its readers a bit of honesty about how this crisis began.

Last summer, the German newsmagazine Der Spiegel was swept up in the Western hysteria over Russian President Vladimir Putin and the Ukraine crisis, even running a bellicose cover demanding “Stop Putin Now” and blaming him for the 298 deaths in the July 17 crash of Malaysia Airlines Flight 17 in eastern Ukraine.

Dec 01 11:19

Flu vaccine kills 13 in Italy; death toll rises

Natural News Labs confirms mercury in flu shots

Dec 01 09:36

Belgian Doel 4 nuclear reactor closed till year-end

Belgian energy company Electrabel said its Doel 4 nuclear reactor would stay offline at least until the end of this year after major damage to its turbine, with the cause confirmed as sabotage.

On Tuesday, Electrabel had said the plant would remain offline until Sept. 15 as it carried out repairs and investigated an oil leak that forced its closure on Aug. 5. Its French parent company GDF Suez confirmed the closure was due to sabotage.

Dec 01 09:29

As many as 300 Swedes believed to have joined ISIS

There are fears that up to 300 Swedes have travelled to the Middle East to join Islamic State, according to the Scandinavian country’s intelligence chief.

Anders Thornberg explained that they have already confirmed around a hundred cases of Swedes who have left the country to join the insurgency, but then they must take into account the presumed cases and those which have yet to be counted. This, he said, brings the overall number to between 250 and 300 people.

Webmaster's Commentary: 

Sweden recognized Palestine as a state only a month ago and now ISIS (nudge nudge wink wink) is going to attack? The next false-flag?

Nov 30 17:28

Instability, Here We Come

Nov 30 15:38

Legions of Spaniards hold anti-austerity protest

More than 250,000 people have taken part in a demonstration in Madrid against government’s austerity measures.

Nov 30 11:53

Portugal supports Palestinian rights

The Portuguese parliament has confirmed its support for the inalienable rights of the Palestinians, including the right for self-determination. According to Quds.net, which reported the news, a parliamentary statement called on Israel to comply with international law for a solution based on two states and relevant UN resolutions.

Nov 30 11:51

Swiss Gold Referendum Fails: 78% Vote Against "Protecting The Country's Wealth"

Whether as a result of an unprecedented scare campaign by the Swiss National Bank (most recently reinforced by Citigroup), or due to confidence that Swiss gold is as safe abroad as it is at home, or simply due to good old-fashioned "hanging chads", today's most awaited event has come and gone and the result - according to early projections by Swiss television SRF - is that the Swiss population overwhelmingly rejected a referendum to force the Swiss National Bank to hold some 20% of its reserves in gold in a landslide vote, with about 78% voting against what AP politely termed "protecting the country's wealth by investing in gold."

Webmaster's Commentary: 

Whether the results of a slick ad campaigns, or an incredible hack job, the executives of the Bank of Switzerland can collectively breathe a sign of relief that this referendum didn't pass.

Nov 30 11:50

Norwegian Authorities Ban GM Fish Feed over Antibiotic Resistance Fears

According to the Norwegian Biotechnology Advisory Board, the Norwegian Food Safety Authority has stopped approving (on a yearly basis) GMOs for use in fish feed that contain genes coding for antibiotic resistance. According to the Advisory Board, this applies to 8 out of 19 GMOs which the fish feed industry had previously been given permission to use since 2008...

Nov 30 08:45

Swiss Gold Referendum Fails: 78% Vote Against "Protecting The Country's Wealth"

Whether as a result of an unprecedented scare campaign by the Swiss National Bank (most recently reinforced by Citigroup), or due to confidence that Swiss gold is as safe abroad as it is at home, or simply due to good old-fashioned "hanging chads", today's most awaited event has come and gone and the result - according to early projections by Swiss television SRF - is that the Swiss population overwhelmingly rejected a referendum to force the Swiss National Bank to hold some 20% of its reserves in gold in a landslide vote, with about 78% voting against what AP politely termed "protecting the country's wealth by investing in gold."

Nov 30 06:20

UNGA — Adopted Six Resolutions regarding Israeli Occupied Territories

The United Nations General Assembly adopted six resolutions regarding Israeli occupied territories through a recorded vote last night, addressing the areas of Jerusalem and the Syrian Golan.

In terms of Jerusalem, the Assembly voted on a resolution confirming that all legislative and administrative measures taken by Israel to change the legal status of the Holy City of Jerusalem are null and void.

Nov 30 05:56

‘Western sanctions aimed at regime change in Russia’ – Lavrov

“Western leaders publicly state that the sanctions must hurt [Russia's] economy and stir up public protests. The West doesn’t want to change Russia’s policies. They want a regime change. Practically nobody denies that,” Lavrov told a leading think-tank in Moscow.

The ultimate goal of the anti-Russian sanctions imposed by some Western nations is to stir public protests and oust the government, Russian Foreign Minister Sergey Lavrov said.

Nov 30 03:26

Britain’s GCHQ monitored Irish internet traffic

Britain’s surveillance body, Government Communications Headquarters (GCHQ), could be tapping underwater cables connecting Ireland to the global web, according to a new document leaked by former NSA contractor Edward Snowden and released by German media.

Nov 29 12:22

Italy Bans Flu Shot 9 Dead

Nov 28 19:55

Netherlands, Germany Have Euro Disaster Plan - Possible Return to Guilder and Mark

The Dutch finance ministry prepared for a scenario in which the Netherlands could return to its former currency - the guilder. They hosted meetings with a team of legal, economic and foreign affairs experts to discuss the possibility of returning to the Dutch guilder in early 2012.

The Dutch finance minister during the period has confirmed that Germany also discussed such scenarios.

Nov 28 15:32

Italy's youth jobless rate hits new high

Youth unemployment in Italy hit a new high of 43.3 percent in October, while the overall jobless rate also rose, national statistics agency Istat said on Friday.

Nov 28 15:30

Israeli soldiers shoot Italian in the stomach at Kafr Qaddum rally

An Italian was critically injured along with 11 Palestinians on Friday afternoon after Israeli forces opened live fire on a protest march in the village of Kafr Qaddum west of Nablus.

Nov 28 15:28

Palestinian minister hails Europe's recognition debates

The Palestinian deputy prime minister has hailed European countries’ latest steps to grant official recognition to Palestine, describing these as “sending a strong signal to Israel to change its policy".

Nov 28 15:21

Spain's youth jobless rate Europe's highest

Spain's youth unemployment rate is the highest in the European Union, more than seven times the equivalent figure in Germany, official EU figures published on Friday show.

Nov 28 11:30

David Cameron's EU warning: Britons are ready for UK to leave if PM fails over reforms

DAVID Cameron has been warned that Britons are ready to vote to leave the European Union (EU) if he fails to negotiate the reforms the country wants.

The Prime Minister today hinted that he was prepared to exit the Eurozone if Brussels rejects proposals to cut immigration in Britain.

And a new survey revealed 43 per cent of Brits would vote in an EU referendum to exit the 28 bloc nation if Mr Cameron fails to get the UK a better deal.

That is compared to only 35 per cent who would choose to stay in Europe if immigration reforms are rejected, according to an Evening Standard poll.

Nov 28 08:05

Netherlands government says closure of mosques unacceptable

Netherlands Deputy Prime Minister Lodewijk Asscher has said any closure of mosques in the country would be "unacceptable" after a Party for Freedom lawmaker proposed that all mosques there be shut.

Nov 28 08:03

Swiss, French call to bring home gold reserves as Dutch move 122 tons out of US

The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany.

An unmatched pace of money printing by major central banks has boosted concerns in European countries over the safety of their gold reserves abroad.

Nov 28 07:54

Here's Why the Price of Gold May Jump 20%

Nov 28 04:56

Will the Swiss Vote for Gold? | Claudio Grass

Nov 27 08:50

EU Parliament: Palestinian recognition can be delivered through EU common position

A coordinated EU "common position" could deliver the recognition of a Palestinian state, the European Parliament was told on Wednesday 26 November in a debate called by the Socialist and Democrat (S & D) Group of MEPs.

Nov 26 07:38

An Israeli argument for the E.U. to recognize Palestine

On Thursday, the European Parliament will convene in Strasbourg, France, and hold a vote on whether to recognize Palestine as an independent state. The deliberation comes with a considerable amount of momentum: In recent weeks, a number of European governments have taken steps on their own to recognize Palestine as an independent state. Sweden formally recognized Palestine in October, becoming the most prominent European country to do so. Symbolic votes in the main legislatures of Britain, Spain and Ireland have followed since. France's parliament is set to vote on the issue on Dec. 2.

Nov 25 08:54

Here Comes France: Right-Wing Leader Marine Le Pen Demands Central Bank Repatriate French Gold

First Germany, then the Netherlands, perhaps Switzerland this weekend, and now the French right-wing Front National, which shockingly came first in May's European parliament elections, and whose leader Marine Le Pen is currently polling in first place in a hypothetical presidential election (in both a first and run off round), ahead of president Hollande, has sent a letter to the governor of the French Central Bank, the Banque de France, demanding that France join the list of nations which have repatriated, or at least tried to, their gold.

Webmaster's Commentary: 
Nov 23 07:26

Russia-Europe: Sanctions Losing Steam

The foreign ministers of the European Union discussed the situation in Ukraine and their turbulent relations with Moscow agreeing that there is no point to enhance sanctions against Russia.

Webmaster's Commentary: 

"You can't do that! I hereby sanction Europe! I sanction the whole world! You will miss us, I promise!" -- Official White Horse Souse

Nov 21 08:30

Swiss Gold Initiative Leader Banned From Televised Debate

Today King World News was stunned to learn that the Swiss politician who launched the Swiss Gold Initiative was actually banned from participating in the televised debate. Luzi Stamm, who was one of the primary architects of the Swiss Gold Initiative, spoke with KWN about why he was banned from the televised debate and why “It is not possible (to continue) what’s (currently) going on in the Western world.” Below is his remarkable interview.

Nov 21 08:19

Serbia won’t join anti-Russian sanctions club despite EU pressure - Nikolic

Serbia is not planning to impose sanctions on Russia, said its President Tomislav Nikolic after meeting EU Commissioner Johannes Hahn. The latter said the EU expects Serbia to bring its policy in line with the European one if it seeks to enter the union.

Nov 20 07:50

‘Blackmail’: EU trying to force Serbia into Russia sanctions club, says senior MP

The EU’s attempts to coerce Serbia into joining anti-Russian sanctions are nothing but blackmail, says the head of the State Duma Foreign Affairs Committee.

Nov 20 07:32

This Is What Is Really Taking Place Behind The Scenes Of The Second US-Russian Cold War

It appears John Kerry is at it again. Russian Foreign Minister Sergei Lavrov says the US Secretary of State called on him to "pay no mind" to a statement by President Obama, in which Russia was included to a list of top global threats. Seeking Russia's cooperation in Iran and on the Korean Peninsula, Kerry told Lavrov to "forget about" what Obama said. As US foreign policy credibility dissolves, we leave it to Lavrov to conclude, "it is flippant," he jabs, "it’s not appropriate for a powerful country to have such a consumer attitude to its partners - where you’re needed, help us; where you’re not, obey us."

Webmaster's Commentary: 

That is the result of a lack of a coherent foreign policy. The White House is purely reactive at this point, driven by events and lured on by goals which are often contradictory to each other. There is no real leadership in DC. It's just a town of opportunists carving out the largest slice possible for themselves and their backers.

Nov 19 08:21

Israel blasts Spain's symbolic vote on Palestine independence

Israel has censured the Spanish parliament over a symbolic vote, which calls on the Madrid government to recognize Palestine as a sovereign state.

"The declaration of the Spanish parliament only distances the chance of reaching an agreement between Israel and the Palestinians, because it encourages the Palestinians to become more extreme in their positions," Israeli Foreign Ministry said in a statement on Wednesday.

Webmaster's Commentary: 

Extreme. You know, like thinking they have a right to their own country?

Nov 19 08:17

First Snow of Season for Parts of Poland, Eastern Europe

A slow-moving storm will bring the first accumulating snowfall to areas from eastern Poland and western Ukraine into Belarus and the Baltic states this week.

Nov 19 07:11

Here's What Really Happened at the G20 in Australia

So what did in fact happen at the G20 summit?

The short answer is that it was a shriller rerun of the ASEM summit in Milan.

The same line up of European leaders joined this time by the Australians and the Canadians (Obama and Putin barely met) tried once again to bully Putin into doing what they wanted in the Ukraine, believing on this occasion that the fall in oil prices and in the rouble would make him more amenable.

In order to drive the point home a media blitz of quite extraordinary intensity was also orchestrated.

To their collective bafflement and anger, Putin refused to move an inch.

Nov 18 09:54

Senator Averil Power on Israeli Bombing of Palastine

Nov 18 08:45

Spanish parliament to call for recognising Palestine state

The moves reflect mounting frustration in the European Union at Israel's expanding settlement programme on land the Palestinians want for a state following the collapse of U.S.-sponsored peace talks.

Nov 18 07:10

Greeks march against austerity to mark 1973 uprising

About 40,000 students, workers and pensioners waving red flags and chanting "EU, IMF out!" marched near parliament to the embassy of the United States

Webmaster's Commentary: 

The Greeks know who the real source of their problems is!

Nov 17 09:36

What did the Brisbane G-20 summit accomplish?

President Barack Obama was equally effusive, saying the gathering was not a “chinwag,” an Australian word for meaningless talk. Rather, he said, “it has been a good week for American leadership.” At a press conference, Obama listed expanding trade, a visa accord with China, and “a big advance on climate change” as tangible achievements.

Webmaster's Commentary: 

So the headline accomplishment is a deal to take seriously a problem that was made up in the first place. Left unsaid in this article is the agreement by the G20 to consider bank savings accounts as investments in the bank, subject to loss if the bank gets into trouble.

Nov 17 08:54

Army Convoy Belgium


We don't see those so much here in Belgium. I think we are also gearing up regarding the escalation in Ukraine. (We are a NATO Member) For me it was in fact the first time that I saw this in my country.

Nov 17 08:47

Swedish Armed Forces Deny Russian Aircraft Violated National Airspace

The Swedish Armed Forces denied Monday reports that a Russian aircraft allegedly violated its national airspace on Saturday.

“[The JAS fighter aircraft] were launched because of a French plane. We do not provide any further details as the incident is now being studied,” the Head of Press at the Swedish Armed Forces, Philip Simon said on-air at Radio Sweden.

Nov 17 07:19

Israel may face EU sanctions for hampering 2-state solution – secret document

Israel could soon find itself in trouble and face the wrath of Brussels: any further attempts to pose obstacles to a two-state solution with occupied Palestine could result in sanctions, Haaretz revealed, citing a 'confidential' EU document.

The classified paper was originally intended for internal circulation among the 28 member states, but word of its existence reached Israel after some of its diplomats in the EU leaked the fact to the Foreign Ministry back home.

Although the Israelis could not secure the full text of the document, some important details have come out, thanks to three EU diplomats and two senior Israeli officials.

Nov 17 06:17

G20 Retrospective and Doubts

While the Australian government was pampering and welcoming global leaders – the homeless were NOT welcome. Scoot. Away with you beggars and bludgers.

There was no shirt-fronting, but a lot of snubbing of President Putin who is still being blamed for MH17 – based on mainstream propaganda (The leaders and their lackeys haven’t bothered with the facts).

Webmaster's Commentary: 

"Facts? WE don't need no stink' facts! We have ... good intentions!" -- Official White Horse Souse

Nov 14 11:57

Sweden releases sonar image confirming 'foreign submarine'

The grainy image shows underwater tracks allegedly left by the vessel.

Several sightings of an unidentified object near Stockholm sparked a huge search and Sweden's biggest military operation in years.

Naval vessels and planes searched waters near the capital but were unable to identify any intruding vessel or say which country was responsible.

Suspicion fell on Russia, but its defence ministry denied any of its ships were involved.

"The military can confirm that a small U-boat breached Sweden's territorial waters," the head of Sweden's armed forces, Gen Sverker Goransson, told a news conference.

Webmaster's Commentary: 

Submarines generally avoid hitting the bottom let alone dragging along it. In Dr. John Craven's book "The Silent War" he relates a story of a US submarine, specially equipped for espionage work, getting literally stuck in the mud at one point on a mission, then uncontrollably bobbing to the surface when it finally freed itself, leading to a serious chase by anti-submarine forces from the nation being spied on.

In this case, looking at the image, I wonder if the US was running a test of the new underwater drones they are developing and somehow the depth system was off the mark, leading the drone to try to sail through the mud rather than the water.

Nov 14 11:21

Italy's Grillo: "We Are Not At War With ISIS Or Russia, We Are At War With The ECB"

Nov 13 11:32

NATO 1949: The Origin of an Offensive, Expansionist, Imperialist Military Alliance

The North Atlantic Treaty Organization, NATO, was launched sixty five years ago following the signature of the Atlantic Pact in 1949. The original member states that came together under US tutelage claimed that their alliance was dedicated to the preservation of peace and to the defence of Western Europe against the supposed threat of military aggression. It is noteworthy that the launch of NATO coincided with the intensification of the Cold War, the political division of Germany and the first tentative steps by the US and Britain to rearm the new West German state.

Nov 13 07:58

EU must cease "material support" for Israel’s crimes, say leading trade unions

More than 300 political parties, trade unions and campaign groups have called for the suspension of a key agreement between Israel and the European Union.

The appeal urges the EU to freeze the “association agreement” with Israel. That deal, which entered into force in 2000, facilitates largely unrestricted trade between the EU and Israel and allows Israel to participate in a wide range of the Union’s programs.

Webmaster's Commentary: 

So the EU is as much a sell-out to Israel as the US is. Imagine my shock.

Nov 11 13:27

Catalan Vote: Disturbance in the Farce

The smiles did not extend to Madrid, where until the very moment the ballots opened there were still thinking the Catalans would not have the collons to defy god, king and country. In fact, on Sunday morning at 9AM the crypto fascist party UPyD requested the Barcelona weekend judge to stop the vote, confiscate the ballots and arrest the table officers and political instigators using force if necessary. The judge delicately told them to shove off, saying that the proposed measures were disproportionate to the situation. And so the vote was held in peace, with the only exception of Girona, where a group of skinheads bumrushed a voting point, kicked the ballot box to the ground and, in a textbook case of instant karma, were smote by the violent gentlemen of a local rugby team which just happened to be there voting. Never had a gaggle of skinheads been happier to see the police arrive to arrest them.

Nov 10 09:15

Government Has "Trampled On Us Too Much"; Over 2 Million Catalans Vote In Symbolic Referendum For Independence

With well over 1 million Catalonians already voted by the middle of the day, Catalonia's 'illegal-in-the-eyes-of-the-Spanish-government' vote for secession appears to have garnered more relative public support than Americans who voted for real this week. As threats from Rajoy and the Spanish government grow louder, the Catalan president Artur Mas rather sarcastically noted "we're running a high-quality democracy here," adding that "it has been difficult to get to this point... which is incredible in a democracy."

Nov 06 15:05

Clashes, water cannon, tear gas in EU’s ‘capital’: Anti-austerity anger in Brussels

Nov 06 10:56

Demonstration gone wrong [RIOT]

Webmaster's Commentary: 

The face of European "democracy" in action.

Nov 06 08:21

Clashes, water cannon as 100,000 march in Brussels against austerity (PHOTOS)

Violent clashes broke out in Belgium as more than 100,000 protesters marched in Brussels against the government’s austerity measures. Police deployed water cannon and tear gas as the protesters started upturning cars.

The violence flared up at the end of an otherwise peaceful protest, with tear gas deployed as some radical demonstrators hurled objects at riot police and launched attacks with metal barriers against officials. Some set off colored smoke flares.

Nov 06 08:06

Norway is TOO WHITE… According to the President of Jewish Communities in Oslo…

“The Norwegian people have very little experience dealing with minorities… So we have a BIG “job to do” in bringing minorities to them, according to Ervin Kohn.

Kohn is the President of The Jewish Community in Oslo and the Deputy Director at the Norwegian Center Against Racism.

The question is, since when did Norwegians decide they needed an organization to solve the “problem” of racism in their country? After all, isn’t Norway a homogenous country?

Not for long, if Kohn has his way…

Nov 05 14:31

Spain Moves Military Assets Into Catalonia Ahead Of Weekend's 'Illegal' Secession Vote

"Everything is all set for Nov. 9," says a senior Catalan regional government official as the region prepares to defy both the central government and the country's highest court and proceed with a much-disputed weekend vote on whether to secede from Spain. And while the Spanish government has not specified what legal consequences Catalan leaders, poll workers or voters might face Sunday, when they go to vote, The LA Times reports that Madrid has reportedly readied thousands of Civil Guard police officers to travel to Catalonia this weekend if needed.

Nov 05 09:17

Germany’s Third Largest Political Party Sells €1.6 Million Of Gold In Two Weeks

Disillusionment with Europe’s single currency continues to grow with the cracks beginning to show in it’s heartland, Germany, where the third largest political party is now selling gold coins and bars to raise funds.

Nov 04 12:21

It begins: German bank charging NEGATIVE interest to its customers

Central bankers today have an equally delusional view of the world. Just three months ago, Mario Draghi (President of the European Central Bank) embarked on his own Quixotic folly by taking certain interest rates into NEGATIVE territory.

Draghi convinced himself that he was saving Europe from disaster. And like Don Quixote, everyone else has had to pay the price for his delusions.

On November 1st, the first European bank has passed along these negative interest rates to its retail customers.

Nov 04 11:25

NATO asks US for more troops in Baltic states, Poland to counter ‘Russia threat’

The North Atlantic bloc has asked the Pentagon to send more troops to Eastern Europe to counter the perceived threat of Russia. There are currently 750 US soldiers in Poland and the Baltic states, but the organization believes that this is not enough.

Webmaster's Commentary: 

Nov 04 07:10

Witness: foreign military pointed weapon at cars

One driver got in touch with Swedish Radio P4 Jönköping to report witnessing soldiers in a foreign military vehicle pointing an automatic weapon at cars on the 47/48 highway between Mullsjö and Jönköping.

Nov 03 13:51

How The Petrodollar Quietly Died, And Nobody Noticed

Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company - the end of the system that according to many has framed and facilitated the US Dollar's reserve currency status: the Petrodollar, or the world in which oil export countries would recycle the dollars they received in exchange for their oil exports, by purchasing more USD-denominated assets, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop.

Nov 03 08:51

How the fall of France could cement the rise of Ukip

“I wouldn’t hold French shares,” said Nigel Farage with a wink, belying his previous life as a stockbroker. “The country is in real trouble,” the Ukip leader told me at an investment conference in London last week. “As someone who loves France, it gives me no pleasure to say that.”

While Mr Farage casually dishes out advice to sell French stocks, he knows only too well that, for all his admiration of Gallic gastronomy and tabacs, the singular weakness of the French economy, and related political fall-out, is playing into his hands.

Nov 03 08:50

Germany says UK could leave EU if David Cameron insists on migrant quotas

David Cameron's bid to overhaul freedom of movement rules to restrict immigration from within the European Union could take Britain to a "point of no return", German government sources have reportedly warned

Webmaster's Commentary: 

Good!

Nov 03 08:37

Mandatory Mandarin: Portuguese kids take compulsory Chinese class

A town in northern Portugal has made Chinese obligatory for 8- and 9-year old school children, in order to boost the kids’ abilities for future competition in the thriving Chinese market.

Nov 01 09:08

Israeli left-wingers urge Spanish parliament to recognize Palestinian state

Hundreds of prominent left-wing figures from politics, academia, the arts, the media, and the military signed a letter on Friday urging the Spanish parliament to vote in favor of recognizing a Palestinian state.

Just one day after the Swedish government followed through on its symbolic pledge to accord recognition to Palestine, Israeli leftists sought to bring their influence to bear on the parliament in Madrid, which is expected to hold another symbolic discussion regarding recognition of a Palestinian state.

Oct 30 11:08

Nato jets intercept Russian warplanes following 'unusual level of air activity'

Nato aircraft have been scrambled to shadow Russian strategic bombers over the Atlantic and Black Sea and fighter planes over the Baltic in what the western alliance called an unusual burst of activity as tensions remain elevated because of the situation in Ukraine.

In all, Nato said, its jets intercepted four groups of Russian aircraft in about 24 hours since Tuesday and some were still on manoeuvres late on Wednesday afternoon.

“These sizeable Russian flights represent an unusual level of air activity over European air space,” the alliance said.

Webmaster's Commentary: 

If I were Putin and knew the US was trying to start a war, I would probably call for some additional training.

Oct 30 10:07

SPOOF ON SWEDEN’S RECOGNITION OF A PALESTINIAN STATE

Image created by our new Associate Artist, Gianluca Costantini.

Oct 30 10:02

Sweden officially recognizes Palestinian state, Israel recalls ambassador

Sweden has recognized the occupied state of Palestine officially, according to its foreign ministry. The Scandinavian has become the first West-European EU state to recognize the territories. Israel has recalled its ambassador in Sweden in protest.

The news follows an earlier hint by Prime Minister Stefan Lovfen in his Social Democrat manifesto, during his inaugural address in October, that this would happen. The idea was quickly met with criticism from the United States and Israel.

"Our decision comes at a critical time because over the last year we have seen how the peace talks have stalled, how decisions over new settlements on occupied Palestinian land have complicated a two-state solution and how violence has returned to Gaza," Foreign Minister Margot Wallstrom told reporters.

"By making our decision we want to bring a new dynamic to the stalled peace process."

Oct 30 09:28

The Wrath of Draghi: First German Bank Hits Savers with Negative Interest Rate

Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.

Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash.

“There will be no direct impact on your savings,” the ECB announced five months ago. “Only banks that deposit money in certain accounts at the ECB have to pay.” But it added ominously, “Commercial banks may of course choose to lower interest rates for savers.”

And that would be good for savers:

Webmaster's Commentary: 

To those of you in the US who say, "That CANNOT possibly happen in the US", please think again.

Have no more money in your checking account than is needed to pay your bills. Place all the rest of your money under your personal control. Think about getting small, untraceable amounts of gold and silver to add to your personal portfolio.

Inflation in the US has already catastrophically destroyed whatever you have saved; the suppression of gold and silver value will not continue forever.

Oct 30 08:16

Why Sweden recognized the Palestinian state

Sweden joins Malta and Cyprus, as the third European nation officially recognizing a Palestinian state. The British Parliament also voted to recognize the Palestinian state earlier this month, in a symbolic vote.

Webmaster's Commentary: 

Oct 28 15:18

EU funding row sparks huge surge in UKIP support – poll

Support for Britain’s anti-EU UK Independence Party (UKIP) has reached a record high following Brussels’ recent effort to levy a mammoth £1.7 billion extra charge on Britain, a new poll reveals.

The results of The Independent’s ComRes survey, published on Tuesday, are a welcome development for Nigel Farage’s Eurosceptic party, which is aiming to secure its second seat in the House of Commons in November.

UKIP is also hopeful its first ever Police and Crime Commissioner will be elected later this week.

Oct 28 15:17

UK economy stronger than first thought after drugs and prostitution boost GDP figures

Figures show that the UK economy shrank by 6% at the height of the recession in 2008-09, lower than the previous estimate of 7.2%.

This is because the ONS's GDP calculations now include contributions to the economy from prostitution and sales of illegal drugs. In total, the new inclusions contributed £10bn to the UK in 2009 alone.

Webmaster's Commentary: 

Desperation on the cusp of madness.

Oct 28 06:59

Canada stands to lose plenty in European free trade deal

Just as the Ottawa celebrations were beginning, a German cabinet minister announced that Germany wouldn't sign the deal unless the clause that allowed companies to sue governments was deleted. This key issue had previously been the lost cause of leftist researchers. No more.

Oct 27 13:47

In Historic Shift, NATO-Member Poland Is Moving Thousands Of Troops To Its Eastern Border

In the first sign that, just in time for winter, the tentative European jawboning alliance against Russia is collapsing (since the "costs", sanctions and other economic means inflicted upon the Kremlin ended up backfiring and pushing Europe into a triple-dip recession instead), earlier today Poland announced that it will move thousands of troops toward its eastern borders, i.e., Ukraine, in what AP dubbed a "historic realignment of a military structure built in the Cold War."

Oct 27 10:45

Foreign Interference In The Yugoslav Elections

Before as well as during the electoral process conducted so far, the Federal Republic of Yugoslavia and its citizens have been incessantly exposed to systematic and brutal pressure by some influential international factors, primarily the United States Administration and NATO countries, with an undisguised aim of directly interfering in the electoral process in the FR of Yugoslavia and of bringing an inadmissible pressure to bear on the electoral will of its population.

Oct 27 10:00

No "distress signal" to Kaliningrad

The military underwater hunt has ended with no concrete evidence of what caused the alert.

But during the search newspaper Svenska Dagbladet had reported sources which claimed the hunt took place in the context of an encrypted distress signal between a point in the Stockholm archipelago and the Russian enclave of Kaliningrad, between Poland and Lithuania.

Dagens Nyheter requested the documents concerning the signal's interception.

The military usually replies that the documents are classified. This time they were not even able to do that.

"Nothing like that exists, the report is false," says one of Dagens Nyheter's own anonymous sources, within naval intelligence.

Oct 26 07:41

13 European Banks Don't Have Enough Money To Survive A Financial Crisis

The European Central Bank said on Sunday that 25 eurozone banks showed a capital shortfall, after a year-long review of finances for 130 of the largest banks in the euro area.

Webmaster's Commentary: 

"No problem; we'll just print a whole bunch more out of thin air and loan it to them at interest!" -- Money Junkies

Oct 24 10:25

"We won't pay," furious Cameron tells EU over surprise budget

In a vivid display of public fury at European Union technocrats, British Prime Minister David Cameron refused to pay a surprise 2.1-billion-euro bill on Friday as EU leaders ordered an urgent review of how the budget figures were arrived at.

As Eurosceptics at home leapt on news that the EU executive -- branded a "thirsty vampire" -- had demanded a sum worth about one seventh of London's annual payment after a major statistical review of national incomes, Cameron demanded action from fellow leaders at a summit calling the bill "completely unacceptable".

He found some sympathy - a visibly furious Cameron told a news conference that Italian Prime Minister Matteo Renzi had also lambasted "bureaucrats without a heart", who made it harder to persuade citizens of the Union's value.

Webmaster's Commentary: 

If England refuses to pay, the whole pyramid will collapse, triggering an estimated $95 trillion in credit default swaps sold my Wall Street, for which they do not have the cash to pay. So, will Obama now declare war on Great Britain to force them back into the obedience of the private central bankers?

Oct 24 09:32

Hands off our hookers' and dope dealers' money, U.K. tells E.U.

The European Union has ordered the U.K. to pay an extra €2.1 billion ($2.65% billion) into its central budget by December, once again inflaming the British sense of grievance at the perceived machinations of unelected Eurocrats in Brussels.

...

Cameron himself tweeted that he was “angry at the sudden presentation of a €2 billion bill,” adding: “It’s an appalling way to behave and I won’t be paying it on Dec. 1.”

In one sense, at least, they are right. It is unfair, because one thing is for sure: whatever happens, it won’t be U.K.’s coke dealers and hookers who end up paying that €2.1 billion.

Oct 22 12:48

Denmark's central bank to stop producing money

With more and more people paying with credit cards and their smartphones, Denmark’s central bank Nationalbanken says it no longer pays to print banknotes or mint coins.

Webmaster's Commentary: 

And how do they pay when the cloud goes down (again)?

Oct 22 07:05

EU seeks talks with Israel over ‘red lines’ in West Bank

The European Union is interested in opening negotiations with Israel with the aim of preventing a series of Israeli moves in the West Bank deemed “red lines” which may jeopardize the possibility of a future Palestinian state alongside Israel, an internal EU document obtained by Haaretz reveals. Officials in the Israeli Foreign Ministry are concerned the negotiations are a prelude to further European sanctions against Israel.

Oct 21 15:20

Moldova commits economic suicide for Brussels

During the last CIS summit in Minsk, an unpleasant incident occurred. The journalists, who could hardly hear what the presidents of Moldova and Russia were talking about, assumed that, at some point, the presidents were going to have a verbal fight with each other. The presidents were talking about the Association of Moldova with the EU and the introduction of Russia's sanctions in response.

The unpleasant incident with the verbal fight, which Moldovan President Timofti started at the summit in Minsk, was not incidental.

Oct 21 10:03

Greece Is In Full-Blown Stock Market Collapse

As if the world didn't have enough to be worried about (ISIS, Ebola, slowing China, Ukraine, slowing Germany, Fed tightening, etc.) now look what's back: Greece. And in a big way.

The stock market is down over 9% on Wednesday, which is about as big as crashes come.

Oct 21 08:15

Italian police uncover €1.7bn corporate fraud

Italian police have uncovered a fraud which they say has cost Italian taxpayers €1.7bn (£1.3bn; $2.2bn).

Two businessmen are accused of setting up the scheme, which used false invoices to bill the state for non-existent security, cleaning and other services.

The fraud, which dates back to 2001, involved 62 people, the police say.

Oct 21 07:52

Swedish Forces Admit Failure, Issuing False Information on Alleged Foreign Submarine Location

On Sunday, Sweden's Armed Forces released a photograph of an object, suspected to be a foreign submarine in the Stockholm archipelago and a map, allegedly showing where the photo was taken. The area of the sighting was reported to be Jungfrufjärden, a fjard near the settlement of Dalarö south of Stockholm.

However, an investigation carried out by Sweden's public broadcaster SVT showed that no locations in the area matched the photograph. After being confronted by the SVT's journalists, Swedish forces admitted issuing false information to avoid "helping foreign powers".

Oct 21 07:48

Israel excluded from war games in Italy following protests

The Israeli air force has been removed from the list of armed forces now taking part in multinational military training exercises on the Italian island of Sardinia following a campaign by anti-war activists.

Oct 21 07:36

An American Warden Visited A Norwegian Prison, And He Couldn't Believe What He Saw

In an excerpt from a made-for-TV documentary called "The Norden," Jan Stromnes, deputy head of the prison, takes Conway on a tour of the premises — and he couldn't believe what he saw.

"I'm having a hard time believing that I'm in a prison," Conway said in the documentary, reported on by the blog Finansakrobat.

Oct 21 07:18

Counterfeit Euro bank notes in circulation in Gothenburg, Sweden

Police in Gothenburg have been about twenty cases involving counterfeit notes in shops and exchange offices in September. Now go out and Gothenburg Police warn of fraud.

Oct 21 07:10

Swedish banks question customers to comply with US tax rule

All Swedish bank customers will soon be required to prove that they do not owe taxes in the United States according to a new agreement between the countries, and some critics claim it may break EU rules.

Oct 20 14:46

Sweden Admits the 'Russian' Was a Dutch Submarine

Oct 20 14:32

Mysterious ‘Russian sub’ off Sweden may be Dutch – Defense Ministry source

Swedish authorities reportedly searching for a Russian submarine in its waters are probably looking in the wrong direction. The sub is probably Dutch, a source in the Russian Defense Ministry told RT.

Earlier Swedish media reported that the nation’s navy is looking for a submarine in the Baltic Sea, possibly belonging to Russia.

Russia said there was no substance in reports of the Russian connection in the story.

“On Sunday the Russian Defense Ministry provided whatever aid it could to the Swedes in their futile search,” the source commented.

The source added that if the Swedish Navy wanted to spare taxpayers’ money and nerves, they should turn to The Netherlands.

The country’s Walrus-class diesel-electric submarine Bruinvis was in the Baltic Sea last week, not far from Stockholm.

Oct 20 07:55

Military orders civilians to keep their distance

The hunt for foreign underwater activity near Stockholm entered its fourth day on Monday as Sweden’s armed forces vowed to keep searching “day and night” for what media reports suggest may be a damaged Russian vessel.

“The operation is continuing day and night with undiminished resource,” said military spokesman Dag Enander.

In the morning, the armed forces deployed military vessels and land troops in the Stockholm archipelago, from Möja in the north to Ornö in the south.

By midday, the HMS Stockholm corvette had made its way further south to Nåttarö. The military ordered civilian boats to stay at least ten kilometres away from the warship. It did not give a reason.

Webmaster's Commentary: 

One good reason might be if this is a repeat of the Kursk incident where the Russian submarine was accidentally rammed and sunk by a US sub.

Oct 19 11:15

Sweden hunts damaged Russian sub

Swedish signals intelligence officials first heard an emergency call on Thursday evening, the newspaper said. Fourteen hours later, at around midday on Friday, a foreign vessel was spotted in the Stockholm archipelago.

Sweden intercepted further communications after it began its military operation in the waters off Stockholm, as encrypted messages were relayed between transmitters in the Stockholm archipelago and the Russian enclave Kaliningrad, SvD said.

The Swedish military said it could neither confirm nor deny the report.

An underwater craft in distress can be difficult to manoeuvre, which might explain why it was spotted above the waterline, the newspaper said.

Oct 19 11:14

Sweden on alert, deploys troops in alleged underwater threat

Sweden intensified its search for a suspected submarine in the waters east of Stockholm Sunday, after an operation was launched due to a report of 'foreign underwater activity.' The search was initiated following a tip-off from what Swedish authorities have called a "credible source."

Webmaster's Commentary: 

In other words, this is the staged provocation to really kick off a new European war.

Oct 18 08:27

It's Starting: Russians and Chinese Are Ditching the Dollar and Europeans Are Using Renminbi in Their Reserves

At present, US dollar accounts for roughly 61% of the world's foreign exchange reserves.

It's still a safe bet for most, not because the currency is actually strong, but because so many others are already so reliant on it.

Between those with reserves in and pegs to the US dollar, many countries have given their allegiance, and now have a vested interest in the health of the currency.

Due to this common interest, a sort of unofficial, involuntary alliance has been formed between them all.

Together, they’re all playing along, pretending that everything is fine. If the dollar collapses, they're all screwed, so they've got to get each other’s backs.

From the throne of the world’s reserve currency, the Federal Reserve, with the power to print the US dollar, feels dangerously omnipotent.

They can get away with just about anything. For now.

Oct 18 07:59

Putin urges Europe to help Kiev cover gas debts

The Russian President Vladimir Putin has called on Europe to provide Ukraine with a loan so that Kiev can cover its gas debts.

Oct 15 09:22

Italy lifts out of recession thanks to hookers, drugs

Italy learnt it was no longer in a recession on Wednesday thanks to a change in data calculations across the European Union which includes illegal economic activities such as prostitution and drugs in the GDP measure.

Webmaster's Commentary: 

Oct 14 09:13

EU TO WAGE DIPLOMATIC WAR AGAINST ISRAEL

Sweden recognized “Palestine” on the Jewish holiday of Yom Kippur, and on Monday the UK followed suit in a non-binding vote – now “frustrated” European officials reveal that they are ready to take their diplomatic war on Israel to the next stage.

Oct 14 07:10

Swiss Gold Referendum “Propaganda War” Begins

The referendum for the Swiss Gold Initiative is scheduled for November 30th and the propaganda war - between the Swiss National Bank (SNB) and the Swiss Parliament on one side and the Swiss People's Party (SVP) on the other - has begun and we expect it to escalate as the day draws nearer.

Webmaster's Commentary: 

Three guesses who opposes the measure! And the first two don't count. :)

Oct 14 07:02

Greece plans early exit from largest IMF rescue package in history

Athens has informed the International Monetary Fund (IMF) that it will end its obligations to the unpopular rescue program, which placed crippling austerity measures on the country, more than a year early.

Oct 13 10:01

Saudi Arabia's "Oil-Weapon" Hits Europe

We first exposed the "secret" US-Saudi deal in September which led to the inevitable bombing of Syria. We then progressed to explain the quid pro quo of the deal in lower oil prices (benefiting US consumers into an election and crushing Russian revenues). In today's Wall Street Journal we get the final piece of the puzzle as it is clear that what Saudi Arabia loses in 'price' it will make up in 'volume' as The Kingdom is taking the unusual step of asking buyers to commit to maximum shipments if they want to get its crude. Simply put, "they are threatening [European] buyers" to discontinue sales if they don't agree with the full fixed deliveries. The 'oil weapon' grows stronger...

Days after slashing prices in Asia, Saudi Arabia is now making an aggressive push in the European oil market, traders say.

The kingdom is taking the unusual step of asking buyers to commit to maximum shipments if they want to get its crude.

Webmaster's Commentary: 

So, the quid pro quo for slashing its prices was that the US was going to accomplish regime change in Damascus, ousting Al-Assad once and for all.

This bothers me tremendously, both morally and legally.

We are bombing a sovereign nation which has done absolutely nothing against the United States; we are destroying its oil infrastructure; its food infrastructure; and its civilian infrastructure (by bombing residential areas).

And why?!?

Ultimately, to force regime change in Teheran, something Tel Aviv and certain elements in DC want to see happen.

The P5+1 meetings regarding Iran's nuclear energy program are just for show, and I would almost bet real money that by the end of next month, there will be neither a viable agreement will be reached, nor a desperately-needed extension of these talks.

And again, members of our American military will fight, be killed outright, or maimed for live; all in the service of private, corporate, profit.

Oct 11 07:58

Fracking Setback in Poland Dims Hope for Less Russian Gas

Poland’s ambition to achieve energy independence from Russia is being undermined by drillers giving up on the nation’s shale wells after disappointing results.

The highest test flows during the country’s five-year search for unconventional gas were just 30 percent of what’s needed for commercial production, said Pawel Poprawa, a geologist at the AGH University of Science and Technology in Krakow. The number of active shale permits has fallen 43 percent from a high in January 2013 and explorers probably won’t extend all those expiring this year, according to Slawomir Brodzinski, the nation’s deputy environment minister.

Oct 10 07:56

An Election In A Tiny English Town Is An Ominous Sign That Europe Is Coming Apart

Last night, a small British nationalist party won its first seat in England's parliament.

In the tiny seaside town of Clacton, UKIP (The UK Independence Party) — a rising anti-EU party — scored a decisive win.

Oct 10 06:38

EU bans dairy products from Israeli settlements

The European Union (EU) has decided to ban imports of dairy products made in Israeli settlements of the occupied West Bank as of January.

Oct 10 06:29

Palestinian Christian Leaders: Europe Must Recognize the State of Palestine

In a Middle East region that continues to suffer from the consequences of violence, the people of Palestine continue to live under occupation and in exile. Palestinian Christians, the descendants of the first Christians, are an integral part of the Palestinian people, continue to suffer, just like our Palestinian Muslim and Samaritan brothers and sisters, we have been denied of our national and human rights for almost a century Heads of churches and Christian clergy in Jerusalem wrote in a letter send to European Union officials.

They said in the letter:"From Jerusalem, our occupied capital, we send our urgent message to the whole world and particularly to Europe: We are yearning for justice and peace. Recognizing Palestine and defining Israel's borders is a first step towards that goal".

Oct 09 09:45

EU Court Orders End to Sanctions on Iran Oil Shipping Company

After the deadline for appeal to a July ruling lapsed, the General Court of the European Union has once again ordered that the block immediately lift all sanctions on the National Iranian Tanker Company (NITC).

Oct 09 09:44

EU set to reassess ties if Israel doesn’t move on peace

Fed up with settlement expansion, officials in Brussels are working on punitive measures to be implemented as soon as the political leadership wants to do so

Oct 09 06:37

EU approves Hinkley Point nuclear power station as costs raise by £8bn

The European commission on Wednesday gave Britain the green light for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years.

Oct 09 06:32

Spain - Three new patients isolated over Ebola fears

Three more health workers in Spain have been admitted to hospital for monitoring for Ebola on Wednesday night, including two doctors who had contact with a nurse who has been infected with the disease.

Oct 09 06:30

Serious Financial Trouble Is Erupting In Germany And Japan

There are some who believe that the next great financial crash will not begin in the United States. Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too. Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already starting to erupt in both Germany and Japan. German stocks have declined 10 percent since July, and that puts them in "correction" territory. In Japan, the economy is a total mess right now. According to figures that were just released, Japanese GDP contracted at a 7.1 percent annualized rate during the second quarter and private consumption contracted at a 19 percent annualized rate. Could a financial collapse in either of those nations be the catalyst that sets off financial dominoes all over the planet?

Oct 08 07:26

Swiss Move to Back Franc with Gold for Real?

Asking the Swiss National Bank to hold a fixed portion of its assets in gold would hinder monetary policy, the government said today. Switzerland will vote on the initiative "Save Our Swiss Gold" on Nov. 30 that would force the central bank to hold at least twenty percent of its assets in gold. It would also forbid the sale of any such holdings and require all the gold be held in Switzerland. – Bloomberg

Oct 07 10:55

Poland urges NATO to push ahead with missle shield

Poland on Monday urged NATO's new secretary general to push ahead with a missile shield system amid the West's worst standoff with Russia since the Cold War.

"We firmly support the creation of this (missile shield) system as a pan-NATO one because only this makes deep sense both politically and in terms of defence," Poland's President Bronislaw Komorowski said at a joint press conference with NATO Secretary General Jens Stoltenberg.

The Western defence alliance insists the role of the planned shield is a "purely defensive" response to external threats, notably from so-called "rogue states", and is in no way directed against Russia.

But Moscow has taken a dim view of the project, seeing it as a security threat on its very doorstep.

The escalation of tensions with Russia since January over its role in the Ukraine crisis has sounded the alarm on NATO's eastern flank in countries that were under Moscow's thumb during the Soviet era.

Webmaster's Commentary: 

Excuse me, but WHAT Russian "...role in the Ukraine crisis..." are we talking about here?!?

The duly elected government of Ukraine was overthrown in a Western, ECB, EU, US-manufactured putsch, and thrown under a bus, at a cost of over 5 billion US dollars (while homeless Vets sleep in our streets, and US infrastructure crumbles.) As reported at hangthebankers.com in February of 2014:

The problem that has arisen between the US and EU with regard to Ukraine is that Europeans have realized that the takeover of Ukraine is a direct threat to Russia, which can cut Europe off from oil and natural gas, and if there is war completely destroy Europe. Consequently, the EU became willing to stop provoking the Ukraine protests. The response of the neoconservative, Victoria Nuland, appointed Assistant Secretary of State by the duplicitous Obama, was “fuck the EU,” as she proceeded to describe the members of the Ukraine government that Washington tended to impose on a people so unaware as to believe that they are achieving independence by rushing into Washington’s arms. I once thought that no population could be as unaware as the US population. But I was wrong. Western Ukrainians are more unaware than Americans. The orchestration of the “crisis” in Ukraine is easy. The neoconservative Assistant Secretary of State Victoria Nuland told the National Press Club in Washington on December 13, 2013, that the US has “invested” $5 billion in agitation in Ukraine. http://www.informationclearinghouse.info/article37599.htm The crisis essentially resides in western Ukraine where romantic ideas about Russian oppression are strong and the population is less Russian than in the eastern Ukraine.

After this happened, Crimea, in what was considered a free and fair election, with observers, decided to join the Russian Federation.

Russia has done nothing wrong here.

What the EU and US here has been wrong, period, end of discussion.

Oct 07 07:14

Ebola Contracted in Madrid Hospital Could Spread in Europe

A Spanish nurse treating Ebola patients in one of Madrid’s best hospitals came down with the disease – and exhibited symptoms for days before seeking treatment.

Oct 07 06:50

Europe's Triple-Dip Recession Arrives: German Industrial Production Crashes Most Since February 2009

Yesterday it was German manufacturing orders which cratered 5.7% in August following a freak, 4.9% rebound in July, prompting Goldman to warn that "the underlying dynamic has weakened further at the end of Q3" ...

... And then a few hours ago we finally got undeniable confirmation that Europe is once again in recession, its third since Lehman, only this one is worse: it is led by the "core" countries, with Germany in the forefront, a Germany which just reported industrial output which suffered its biggest monthly decline in more than five years in August.

Oct 06 12:49

NATO Does Not Confirm Statement Attributed to Secretary General on Deploying Troops

North Atlantic Treaty Organization (NATO) has not confirmed that NATO's Secretary General told the Polish TVP Info TV Channel that the alliance can deploy its troops wherever it wants, a spokesperson for NATO told RIA Novosti Monday.

"We don't have a record of him saying that in English - and we're not responsible for the Polish interpretation of the live interview," a spokesperson said, adding that Stoltenberg was referring to NATO forces in general, "which of course can be deployed on the territory of the Alliance as Allies decide."

Oct 06 11:31

Ebola in Spain: Nurse infected in Madrid

A Spanish nurse who treated an Ebola victim in Madrid has contracted the virus herself in the first case of contagion outside Africa, health officials say.

The nurse tested positive for Ebola in two separate tests, according to reports.

Oct 06 09:42

Netanyahu slams Swedish counterpart over Palestine initiative

Israeli Prime Minister Benjamin Netanyahu has hit out on Sweden for a decision to recognize Palestine as a state.

Webmaster's Commentary: 

Oct 06 09:39

NATO can put troops wherever it wants, new secretary-general says

New NATO secretary-general Jens Stoltenberg said on Sunday that the Western alliance could deploy its forces wherever it wants, apparently calling into question post-Cold War agreements that have been shaken by Russia's actions in Crimea and Ukraine.

Stoltenberg was visiting NATO member Poland to reassure it that NATO would provide the protection it sought against its former communist master, Russia, which in recent months has annexed the Crimean Peninsula from Ukraine, and been accused by the West of sending troops and equipment to back pro-Russian rebels in eastern Ukraine.

Oct 06 09:03

Biden's Speech Might Backfire on Washington: Former Assistant Secretary of Treasury

Speech of the US Vice President Joe Biden can backfire on Washington, as it embarrasses the European Union members and demonstrates the US has intimidated them, Paul Craig Roberts, former Assistant Secretary of the Treasury, believes.

"One of the possible consequences is that his speech embarrasses European governments by showing that Europe is Washington's vassal," Roberts told RIA Novosti on Friday. "The other is that by pressing Europeans to act against their own interests, Washington might have been too much of a bully and hurt its future influence in Europe."

US Vice President said Thursday that the United States and US President Barack Obama, in particular, had forced the European Union members to "take economic hits to impose cost" on Russia.

Oct 04 06:24

Biden says US 'embarrassed' EU into sanctioning Russia over Ukraine

“We’ve given Putin a simple choice: Respect Ukraine’s sovereignty or face increasing consequences,” Biden told a gathering at the John F. Kennedy Jr. Forum at Harvard University's Institute of Politics on Thursday.

The consequences were the sanctions which the EU imposed on Russia, first targeting individual politicians and businessmen deemed responsible for the crisis in Ukraine, then switching to the energy, defense, and economic sectors.

“It is true they did not want to do that,” Biden admitted.

“It was America’s leadership and the president of the United States insisting, oft times almost having to embarrass Europe to stand up and take economic hits to impose costs,” the US vice president declared.

Oct 03 14:32

German Push to Accelerate Bank Bail-Ins Joined by Dutch

Germany, the Netherlands and Finland want to speed up European Union plans to force losses on senior bondholders of failing banks, three European government officials said.

The three AAA rated euro-area states last week called for regulators across the EU to gain so-called bail-in powers as soon as 2015, rather than in 2018 as currently proposed, said the officials, who declined to be identified because the talks are private. The European Central Bank has warned that 2018 is “far too far away” for the new rules, which seek to insulate taxpayers and the euro area’s firewall fund from rescue costs.

Oct 03 07:56

Sweden Will Recognize State of Palestine

Sweden’s new center-left government will recognize the state of Palestine in a move that will make it the first major European country to take the step, Prime Minister Stefan Lofven said on Friday.

Oct 01 11:34

Specter of Russian Capital Controls Puts Market on Edge

Holders of Russia’s ruble-denominated bonds, stung by the worst losses in emerging markets in the third quarter, are weighing the consequences of possible capital controls as the currency sinks.

“It would be very negative for your investments in the local currency,” Peter Schottmueller, who helps manage $17 billion as head of emerging-market fixed income at Deka Investment GmbH in Frankfurt, said by e-mail yesterday. Foreign ownership of ruble bonds has dropped and any curbs on capital flows would further “increase the investment risk,” he said.

Russia removed its last restrictions eight years ago after imposing them in 1998, when the ruble’s drop led to a default on sovereign local-currency debt. Implementing the curbs again risks further damaging President Vladimir Putin’s ambition of turning Moscow into a financial hub at a time when escalating U.S. and European Union sanctions over the Ukraine crisis are already limiting access to global capital markets.

Sep 30 10:04

Did The Winter War Just Begin? Russian Gas Supplies To Europe Plunge 15%, Ukraine Transit Slashed 54%

Just a week ago, the Russian energy minister made the first public 'threat' of gas supply "throttling" disruptions to Europe but judging by the data that has just been released, it appears the 'throttling' has begun. Bloomberg reports that Russian gas supplies to Europe fell 15% year-over-year in Q3 - the most in over two years - as natural gas transit through Ukraine plunged 54% year-over-year. In 2013, Gazprom sent 60% of its supply via Ukraine pipelines, in August that dropped to 39%, and in September only 34%. Of course, Europe remains confident its storage efforts will buffer any "Winter War" disruptions, as we noted here, but as Citi warned previously, "if colder weather arrives, storage levels will be drained," and then there is the Spring (and German industry needs).

Webmaster's Commentary: 

The corporate media is spinning this as an evil plot on the part of the Russians, but fails to mention that Kiev has not fully paid for the gas they get from Russia since the Junta and is arrears in the bill. Russia has every right to shut off the valves just as your gas company will do if you do not pay the bill.

Sep 30 09:21

Catalan separatists call street protests over referendum ruling

Just hours after the Constitutional Court accepted the government’s appeal of the Catalan referendum on self-rule, the northeastern Spanish region registered its first protests.

Around 300 people congregated in front of the government delegation in Barcelona to express support for the plebiscite, which is scheduled for November 9, and to condemn Madrid’s attempt to get it ruled illegal by a top Spanish court.

This early protest was the beginning of a series of region-wide demonstrations planned for Tuesday by a pro-independence group called National Catalan Assembly (ANC).

Sep 30 08:28

Dutch FM threatens sanctions against Israel

Foreign Minister Martin Lidegaard has threatened sanctions against Israel if the country doesn’t go along with the proposed terms in the peace talks taking place in Egypt this week.

In the talks, which will get underway in Cairo on Tuesday, Lidegaard wants to see Israel commit to ending its eight-year blockade of Gaza and stop its “illegal settlements”. The foreign minister is also calling on Hamas and other militant groups in Gaza to lay down their weapons.

If the talks fail to reach any long-term concessions from both sides, Lidegaard said that Denmark and the EU should adopt a tougher approach to Israel.

Sep 29 08:58

KRUGMAN: Mario Draghi Probably Can't Save Europe On His Own

In an interview, Paul Krugman explains why Mario Draghi — despite his recent stimulus measures — probably can't save Europe's economy on his own.

Webmaster's Commentary: 

Europe's economy (nor the US) cannot and will not be saved until people are ready to confront the fact that private central banks, which by design create more debt than money to pay that debt, are the cause of the problem.

Sep 29 07:17

Vaclav Klaus: the West’s lies about Russia are monstrous

Whatever we decide to call the current system, he adds, it clearly isn’t working for Europe. ‘I am really shocked to see leading EU and European politicians pretending that everything is OK, which is ridiculous and funny,’ Klaus says. ‘I recently read an article by a well-known German economist, Professor Sinn, who has studied the situation in Italy. He presented statistical data which showed that GDP in Italy has declined by 9 per cent since 2000. It’s unimaginable! I don’t think communist Czechoslovakia would have survived such a long-term decline. At the same time, industrial output declined in the same period by 25 per cent! One quarter of the economy simply disappeared.’

Sep 29 07:16

Nearly 600 U.S. soldiers with tanks to arrive in Poland, Baltics

Nearly 600 U.S. soldiers accompanied by tanks and other vehicles will arrive in Poland and the Baltic states at the weekend for military exercises, the Polish defence ministry said on Friday.

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