EUROPE

Nov 08 07:07

Europe becoming irrelevant due to short-sighted anti-Russian policies – Gorbachev

After the Cold War ended, the leaders of the western world were intoxicated with euphoria of triumph, and they adopted anti-Russian policies that eventually led to the current crisis, Gorbachev said.

“Taking advantage of Russia’s weakening and a lack of a counterweight, they claimed monopoly leadership and domination in the world. And they refused to heed the word of caution from many of those present here,” he said. “The events of the past months are consequences of short-sighted policies of seeking to impose one’s will and fait accompli while ignoring the interests of one’s partners.”

Nov 08 06:47

EU auditors refuse to sign off more than £100billion of its own spending

The audit, published this morning, found that £109 billion out of a total of £117 billion spent by the EU in 2013 was "affected by material error”.

Nov 08 06:44

Former ECB Head Bullied Ireland into Bailout: Trichet “Held a Loaded Gun to Their Heads”

The authoritarian and undemocratic nature of the European Union has once again reared its ugly head.

Nov 08 03:48

Hungary comes under strong US pressure because of energy cooperation with Russia

Hungary has come under strong US pressure because of energy cooperation with Russia, Hungarian Prime Minister Viktor Orban said in Munich on Friday.

Nov 07 16:18

Household Wealth Falls Considerably for Majority of Americans

A new report from the Center for Economic and Policy Research (CEPR) shows that most households now have less wealth now than they did in 1989. The report, “The Wealth of Households: An Analysis of the 2013 Survey of Consumer Finances,” presents data on household wealth by age cohort based on the results of the most recent Survey of Consumer Finances (SCF). The analysis shows little or no gains for the majority of Americans over the last 25 years, even in the years since the end of the recession. This is true of and particularly concerning for near retirees.

Nov 07 14:44

Angry protesters pelt Italy's unelected Prime Minster's car with eggs

Trade union activists pelted eggs at Italian Prime Minister Matteo Renzi’s staff car as he arrived at a new Alcatel-Lucent factory in northern Italy on Thursday.

Nov 07 14:39

Spanish man gets two years jail for €5 bank theft

An angry bank customer who jumped over a counter and helped himself to €5 ($6.20) he felt was owed to him after account charges wiped out his bank balance has been sentenced to two years behind bars.

Meanwhile, the capi of the banking mafia, whose greed and subsequent gambling debts sent the economies of the world into free-fall, have yet to see the inside of a cell.

Nov 06 16:27

Washington’s Middle East Wars

CrossTalking with Ken O’Keefe, Majid Rafizadeh, and Peter van Buren.

What is Washington’s strategy against the Islamic State? Is the Islamic State a creation of the United States? Is the war on terror really a war on Islam? Will the US make amends with Iran in order to defeat the Islamic State? What is Washington’s endgame?

As ever an articulate Ken O’ Keefe injects some teeth and meaning into the discussion. At the outset he disagrees with all of the panelists. He notes it is beyond naive and extremely generous on the part of analysts to say America is making mistakes that are resulting in unintended consequences and America’s numerous think tanks are “running out of ideas.”

Nov 06 16:16

Commemorating the victims of the Kiev junta's genocide in Odessa

2nd November 2014: Protest in The Hague to commemorate the deaths of those who perished in the Kiev junta's hostilities in Odessa.

Nov 06 16:00

A brief history of the TTIP: Stop this corporate plunder

The corporate jargon surrounding the Transatlantic Trade and Investment Partnership (TTIP) deal is about ‘protecting’ investment’, reducing ‘unnecessary’ barriers and ‘harmonising’ regulations that supposedly deter free trade between the US and the EU.

Nov 06 15:52

Irish 'Paddy Jihadi' Eamon Bradley arrested in Derry in connection with alleged activity in Syria

A 25-year-old man from Derry has been arrested by detectives investigating alleged activity in Syria.

Nov 06 15:44

Ebola scare on Canary Island nudist beach

Ebola scare on Canary Island nudist beach after migrants from Sierra Leone arrive on boat with fever and are taken away by dump truck in front of terrified tourists.

Nov 06 15:37

Catalan cops to stop vote if ordered: security chief

A leading Catalan government official has admitted that the security forces would have to be deployed against Sunday’s consultation on independence if they were told to do so by the courts.

Nov 06 15:30

Poland will return to the issue of entry into eurozone after the 2015 parliamentary election

Poland will return to the issue of euro entry after the 2015 parliamentary election, President Bronislaw Komorowsky said. He noted that Poland is not yet ready for it.

Nov 06 15:05

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

Nov 06 14:52

U.S. vs. Europe: Who Is Leading Whom?

Nov 06 14:39

Your austerity is not helping!' 100k+ march in Brussels, clash with police

Violence has erupted in the heart of Europe. Police clashed with protesters during a huge labour union rally against austerity measures on the streets of Brussels.

Nov 06 14:36

Norway warns of 'likely' terror attacks

Norway is bracing itself for the very real possibility of a terrorist attack within the next 12 months, said the country's security services on Wednesday.

Nov 06 14:32

Full List Of Companies That Allegedly Have Shady Tax Deals With Luxembourg

The International Consortium of Investigative Journalists (ICIJ) on Thursday morning revealed the details of hundreds of secret tax deals between global companies and the government of Luxembourg.

Nov 06 10:56

Demonstration gone wrong [RIOT]

Webmaster's Commentary: 

The face of European "democracy" in action.

Nov 06 08:32

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 08:31

European help to Ukraine ‘unprecedented’ €11bn-EU representative

The European Union is ready give Ukraine lots of money to help pay its multibillion dollar gas debt to Russia, according to the head of the EU office in Russia Vygaudas Usackas.

“The European Union is allocating up to an unprecedented €11 billion in financial aid to Ukraine,” Vygaudas Usackas said in an interview with the Echo Moscow radio station on Wednesday.

“We helped to reach agreements between Russia and Ukraine over a wide range of complex gas issues, and both the EU and IMF will continue to allocate sums needed for paying off the Ukrainian gas debt,” he added.

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 06 07:54

Merde! Protesting French farmers dump tons of manure at govt buildings (VIDEO)

Dumping some 100 tons of manure and rotten vegetables in Chartres was part of a wave of protest by French farmers, who are angry with overregulation, sluggish economy and lack of protectionism.

France was gripped by a series of protests on Tuesday and Wednesday, with an estimated 36,000 people participating. The dumping of manure in front of a local administration building in Chartres in northern France was mirrored by similar action in the central city of Tours, western Nantes and Toulouse in the southwest.

Nov 06 04:51

Finland warns Europe is ‘at the gates of a new cold war’ in wake of Russian military activity

Finland’s president has reportedly warned that Europe is on the brink of “a new kind of cold war” in the wake of apparent military aggression from Russia.

Nov 06 04:22

“When ancient theologies are used for modern political ends…”

The Israeli regime does a first-rate job of demonizing itself by its lawless, brutal conduct…. by taking billions of American taxpayers’ dollars and purchasing weapons of horrific destruction to inflict death and misery on its neighbors. Israelis may not behead innocent Palestinians but they sure as hell butcher them in huge numbers with high-tech weaponry paid for by America, then whine when their victims hit back with whatever unsophisticated devices they can lay hands on…

In a House of Lords debate on the Middle East the other day Lord Risby, who opened proceedings, set the tone and spoke of moving to “a final acceptance of the Palestinian reality”. He reminded the House that he and other Members had written an open letter calling for the formal recognition of Palestine by the United Kingdom.

The former Chief Rabbi in the UK, Lord Sacks, got up and made a speech I found so preposterous that I reproduce it here in full.

Nov 06 04:14

America’s Moribund Democracy a Harbinger of More War

The US mid-term elections, which saw the Republican Party take control of the Senate and extending their hold over the House of Representatives, proves one thing: money can buy an election, but it can’t buy democracy. That indictment of eviscerated democracy in America, however, is a portent of more foreign

Congressional elections this week saw $4 billion being poured into media campaigns – a record high. But even with this largess, the majority of American voters were underwhelmed by what was on offer.

The Republicans may have bought the election results this week – from an embarrassing minority of the US population – but this is far from a mandate.

All in all, the Republican dominance emerging this week in Congress spells a hardening of Washington’s foreign policy – or, more accurately, an even more reckless American militarism riding roughshod over diplomacy and international law.

Nov 05 15:40

Irate French farmers hand out fruit and veg

Angry French farmers handed out free fruit and vegetables to all comers in Paris on Wednesday as they called for "food patriotism" to save their livelihoods. The Local went to Place de la République to find out what motivated their protest stunt.

Nov 05 15:30

Flashback: NATO’s War of Aggression Against Yugoslavia

Drowned in the barrage of media images and self-serving analyses, the broader strategic interests and economic causes of the War go unmentioned. The late Sean Gervasi writing in 1995 had anticipated an impending War. According to Gervasi, Washington’s strategic goals stretched well beyond the Balkans. They largely consisted in “installing a Western-style regime in Yugoslavia and reducing the geographic area, power and influence of Serbia to a minimum…

Nov 05 15:07

Spanish army has right to invade Catalonia

Spain would have a right to send troops into Catalonia if the region decided unilaterally to become independent from the rest of Spain, the authors of a report released in April of this year argue.

Nov 05 15:03

Catalonia vows to defy Spain, hold secession vote

Spain's northeastern region of Catalonia vowed Tuesday 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.

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 12:13

Can 1 Million People Stop a Bad Trade Deal for Europe?

In July, a group of people set off to do a hard thing, but an important thing.

They wanted to collect 1 million signatures.

Once attained, those 1 million signatures would force the European Commission to discuss an immediate halt to the ongoing trade talks between the EU and U.S. These talks are known as the Transatlantic Trade and Investment Partnership. For short, they are called the TTIP.

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 05 07:24

Polish official criticizes US in Polanski case

WARSAW, Poland — An adviser to the Polish president accused US authorities on Monday of “absolute ignorance” in seeking the arrest of film director Roman Polanski, a Holocaust survivor, while he was in Poland last week for the opening of a Jewish history museum.

The comments underline the dilemma of Poland in the face of continued attempts by the US to seek Polanski’s arrest on 1977 charges of having sex with a minor. Poland is a close US ally. But the Polish political class has shown a strong aversion to arresting and extraditing the Oscar-winning Polish-French filmmaker, who made his first films in Poland and is admired as a representative of Polish culture.

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.

Sep 27 20:39

The Scots are Fallen; Bring On the Catalans!

The stanzas seem to vary but the leitmotif is oddly familiar: we suspect history is rhyming again. The Scottish rebellion by vote has failed, outmanouvered by limey crown rep Cameron who lulled them into a honey trap and beat them soundly with sweet nothings. The Yes camp put up a good fight but turned out to fatally naive in terms of how far the British crown was willing to go to secure the No majority, which should be pretty clear after three centuries of vassal status. The fact that the Yes camp didn’t insist on exit polls or have an observer at every table shows either they were expecting fair play or did not practice due diligence; either way a high price has been paid in realpolitiks currency. Dreadful shame, old chaps. Carry on now.

Sep 26 11:15

‘Our Western partners stuck with Cold War mentality’ - Lavrov

The security crisis in the European Union was not caused by the crisis in Ukraine, but the events in Ukraine reflect the contradictions within the Euro-Atlantic region, Russian Foreign Minister Sergey Lavrov told reporters at the UN.

Sep 25 11:38

No More Foreplay: Russia Threatens European Gas Supply Disruptions

It appears Vladimir Putin is willing to hit'em while they're down. Early European equity weakness (and safe-haven flows) on asset-freeze threats have accelerated as Bloomberg reports, Russian energy minister Alexander Novak threatens gas supply disruptions if the EU continues to re-export Russian gas to Ukraine.

Sep 24 08:23

The new ‘Blair rich project’: Pushing Trans-Adriatic pipeline against Italians’ objections

Why should an olive farmer from sunny southern Italy remember Tony Blair, the former British prime minister who led the UK into the Iraq war to destroy Saddam’s imaginary weapons of mass destruction?

Sep 24 08:17

Not a saviour: Qatar says it won't liberate Europe from dependency on precarious Russian gas

Wealthy gas producer Qatar has no plans to pitch in as an alternative supplier as Europe seeks to reduce its reliance on Russian gas, Doha's energy minister told a German newspaper Tuesday.

"Qatar doesn't see itself as an alternative to other producers and exporters. We producers complement each other," Energy Minister Mohammed al-Sada told the Frankfurter Allgemeine Zeitung daily.

Sep 21 09:50

Russia warns West over 'foolish' sanctions

Russia has described as “foolish” the Western sanctions imposed on the country, warning that European countries won’t be able to return to the Russian market once the sanctions are removed.

“These foolish sanctions will pass, but international relations will continue. And currency markets will open up,” Russian Prime Minister Dmitry Medvedev said in an interview with Vesti 24 TV channel.

“The niches in our [Russian] economy, which will by then be occupied by local produces or other foreign producers... our European counterparts wouldn’t be able to come back,” he added.

Webmaster's Commentary: 

"Look, I know people in Europe are suffering from the sanctions, but no price is too great to pay to GET THOSE @#$%ING ROOSKIES!!!!!" -- Official White Horse Souse

Sep 20 09:03

These 8 places in Europe could be the next to try for independence

Given Europe's complicated history and cultural diversity, the existence of independence-minded groups and regions is understandable. Even so, the sheer number of separatist movements in Europe may surprise you.

Sep 18 10:18

NATO Overstep Their Charter Again, Running Guns and Weapons to the Ukraine

The single biggest threat to peace and prosperity in Europe and Eurasia today is NATO. Their insistence to further inflame the Ukraine crisis by directly arming the non-NATO member Ukrainian military, is not actually allowed in NATO’s charter. Rather, it’s a move designed to escalate tensions between NATO and Russia.

The North Atlantic Treat Organisation (NATO) was originally formed after WWII in order to offer some binding framework for mutual security in Western Europe in the face of Soviet expansion. It advertises to be a collective, but in reality, it is run and mostly financed by the United States and serves an extension arm to enforce American interests overseas. After the fall of of the Iron Curtain and the break-up of the Soviet Union in 1991, instead of rolling back its activities, NATO began to expand eastward and become hyper-active in its political and military activities.

Sep 17 16:59

Catalan Demonstration for Independence

Sep 15 10:43

Ron Paul: Will The Swiss Vote to Get Their Gold Back?

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB’s assets.

Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, Switzerland’s central bank.

The Swiss referendum is driven by an undercurrent of dissatisfaction with the conduct not only of Swiss monetary policy, but also of Swiss banking policy. Switzerland may be a small nation, but it is a nation proud of its independence and its history of standing up to tyranny.

Webmaster's Commentary: 

The Swiss are about to find out that their Swiss Central Bank is not "theirs" at all, but part of a global enslavement cartel that owes no allegiance or loyalty to the nations in which they do their nefarious business.

Sep 15 07:00

Europe Has Lost Its Monetary Mind?

Europe's Weak Because It's Uncompetitive ... In the long-running debate over Europe's feeble economic recovery, monetary policy has taken center stage as if printing money to spur demand can solve Europe's troubles. According to two newly released competitiveness reports, the real problem lies elsewhere: labor costs, which have been growing faster than productivity, and underinvestment.

Sep 12 09:50

Putin looks to Asia as EU announces new sanctions

"I believe it is necessary to further improve the efficiency of our interaction to meet the challenges of the time," Putin said at a summit of the Shanghai Cooperation Organisation

Sep 11 12:53

Illusioned by the Economic “Recovery”

To further encourage credit supply in the continent, the ECB also mentioned it will launch its targeted longer-term refinancing operations (TLTROs), an enhanced and improved bank lending mechanism (excluding mortgage lending). Auctions are scheduled for September and December this year. An initial USD400 billion will be up for grabs! But the biggest revelation was that the ECB would start a US-style bond-buying facility by purchasing asset-backed securities (ABS) from banks.

Webmaster's Commentary: 

The only way a credit-based economy works is if there are borrowers, and people tend to avoid borrowing when they are less than certain they can pay the loans back.

So now the EU is launching their version of Quantitative Easing. Like the US it is being billed as a temporary measure and like the US, the EU will coon realize it must be permanent.

Sep 11 11:28

Israel committed genocide in Gaza: EU delegation

An official European Parliament delegation that visited the besieged Gaza Strip after the recent Israeli onslaught on the blockaded area says Israel has committed “genocide” against the defenseless Palestinians, Press TV reports.

The delegation, which includes 13 members of the European Parliament, has called on the EU to break diplomatic ties with Israel and implement sanctions against Tel Aviv because of the war crimes it has committed against the Palestinian people.

“I don’t think it is too strong a word, not when you think of how genocide is described; it’s described as the partial or the whole destruction of people; and what we are seeing happen in Gaza, in Palestine, is the destruction of Palestinians,” Martina Anderson, an Irish member of the European Parliament, told Press TV.

Webmaster's Commentary: 

Sep 11 07:37

Billions Withdrawn From Scotland’s Banks Ahead Of Independence Vote

Asset managers, investors and pension savers are moving billions of pounds out of Scotland, according to industry executives, amid rising concerns about the financial consequences of a Yes vote in next week’s independence referendum.

Sep 10 16:38

Poland stops reverse gas flow to Ukraine, Kiev blames Russia

Ukraine’s state-controlled gas transit company says Poland cut off reverse flows to Ukraine, alleging that a quarter of Russian gas imports to Poland went missing. Gazprom said it continues to supply the same amount of gas as previously.

Webmaster's Commentary: 

So, it looks like Poroshenko is indeed dipping into Russian gas flowing to Europe and blaming Russia!

Sep 10 08:30

Massive explosion rocks German chemical plant (PHOTOS, VIDEO)

A powerful explosion heard from kilometers away has rocked a chemical plant near Bremen, in northern Germany. At least one person has reportedly been injured while the plant buildings sustained “serious damage,” first responders say.

Sep 10 08:24

Austria opposes to EU’s military support for Kiev

Austria is opposed to EU’s military support for the Kiev government but is ready to face the consequences of all political decisions, Austria’s Federal Chancellor Werner Faymann said at a meeting of Austrian government members with representatives of trade unions and other ‘social partners’ of the Austrian state on Wednesday.

"As far as political leverage is concerned, we are going to support all measures. But we are categorically against any kind of military support such as weapons supplies or participation in military operations,” Chancellor Faymann told the meeting devoted to the impact of the Ukraine crisis on Austria’s economy.

Sep 09 10:28

EU Popular Opposition to Israel Stronger Than Ever

The dispossession of the Palestinian people has been and remains an internationalized endeavor. With the European Union as its largest trading partner and the United States as its largest backer militarily and politically, Israel has no reason to reconsider its denial of Palestinian self-determination.

Albeit both the EU and the United States have been and remain Israel's global patrons, the prospects for change toward Israel appear quite different in the EU than they do in the United States. Compared to the EU, the United States lags behind in terms of the level of knowledge of, and intensity of opposition to, Israel's conduct.

Sep 09 08:27

Finland reluctant to impose new Russia sanctions

Finland’s Prime Minister has said he wants the EU to wait before imposing new economic sanctions on Russia that will target state-owned energy companies.

"Finland in general isn't of the opinion that now is the right time [for the sanctions]," Finnish Prime Minister Alexander Stubb told reporters Monday night in Helsinki after the EU adopted new sanctions against Russia, which could come into force in the next couple days, depending on ceasefire progress in Ukraine.

Finland reportedly objected to more sanctions against Russia, asking for the ability to suspend the new economic restrictions if the ceasefire in Ukraine is kept in good faith.

Sep 08 11:00

Here Is Why Europe Just Launched The "Nuclear Option" Against Russia

Europe's leaders, we assume under pressure from Washington, appear to be making a big weather-related bet with their taxpayers' lives this winter. As they unleash funding sanctions on Russia's big energy producers, Europe has pumped a record volume of natural gas into underground inventories in an effort to 'outlast' Russia and mitigate any Napoleonic "Winter War" scenario. The plan appears to be to starve Russian energy firms of cashflow - as flows to Europe are already plunging - and remove their funding ability, potentially forcing severe hardship on Russia's key economic drivers. There appears to be 3 potential problems with this plan...

1) What if the weather is considerably colder than normal this winter?

Sep 07 09:12

US to supply arms to Ukraine, hold joint military drills in Black Sea

The Ukrainian and US navies will take part in a joint exercise called “Sea Breeze 2014” on September 8-10 in the northwestern part of the Black Sea, Ukraine’s Ministry of Defense said.

READ MORE: ‘Promoting peace and stability’: NATO warships enter Black Sea

Around 280 US servicemen will participate in the drills, according to a statement by US European Command spokesman Navy Capt. Greg Hicks, director of Communication and Engagement.

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US to supply arms to Ukraine, hold joint military drills in Black Sea
Published time: September 07, 2014 02:08
Edited time: September 07, 2014 14:17
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The U.S. Navy Warship USS Taylor enters the Ukrainian Black Sea port of Odessa during the Sea Breeze-2010 NATO military exercises (Reuters / Yevgeny Volokin)

The U.S. Navy Warship USS Taylor enters the Ukrainian Black Sea port of Odessa during the Sea Breeze-2010 NATO military exercises (Reuters / Yevgeny Volokin)
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Webmaster's Commentary: 

How convenient. This exercise starts...tomorrow.

That means that right at the critical moment when the cease-fire between Eastern Ukraine, and Ukraine proper, is under tremendous stress, the US government is sending weapons and military "advisers" to Ukraine.

Were I a betting woman, I would bet that the US and NATO have engineered this cease fire to fail.

I don't know what the Vegas odds are on this, but right now, I would not bet against this possibility.

Just because a shooting war with Russia would be the most ham-fistedly, pigheadedly stupid thing the US government could possibly do at this moment, unfortunately, is absolutely no guarantee that the US government will not do it.

Sep 07 08:51

NATO Attacks!

Ukraine is all about Germany now. Berlin wants a political solution. Fast. Berlin wants Russian gas flowing via Ukraine again. Fast. Berlin does not want US missile defense in Eastern Europe – no matter what the Baltic states scream. That’s why Poroshenko’s latest “Invasion! Invasion! Invasion!” craze is nothing but pure desperation by a lowly, bankrupt vassal of the Empire of Chaos. Of course that does not prevent Fogh of War – who got the NATO job because he was an enthusiastic cheerleader of the rape of Iraq – to keep crying “Invasion!” till all Danish retrievers come home.

The Ukraine battleground at least has the merit of showing the alliance is naked. For the Full Spectrum Dominance Pentagon, what really matters above all is something that’s been actually happening since the fall of the Soviet Union; unlimited NATO expansion to the westernmost borders of Russia.

Webmaster's Commentary: 

Pablo Escobar is entirely correct about needing to look at next week's SCO meeting in Dushanbe, Tajikistan. We will do our best to cover it at WRH, because some of the decisions made at this conference may have epic geopolitical consequences on the world's future, regardless of how the issues in Ukraine play out.

Sep 07 08:25

NATO stages massive military drills in Latvia (PHOTOS)

As seven-day NATO military exercises continue to take place in Latvia, the organization says the drills are aimed at showing its commitment to Baltic member states in the face of an “assertive” Russia.

Webmaster's Commentary: 

"They made me start WW3, mommy!" -- Official White Horse Souse

Sep 05 08:32

War Bucks: NATO Leaders to Vow to Lift Military Spending

Leaders of the North Atlantic Treaty Organization will pledge at a summit here to lift their military spending to 2% of each country's gross domestic product over the next 10 years, according to three officials familiar with the negotiations over the summit communiqué.

Sep 05 08:29

NATO approves new force aimed at deterring Russia

Seeking to counter Russian aggression, NATO leaders approved plans Friday to create a rapid response force with a headquarters in Eastern Europe that could quickly mobilize if an alliance country in the region were to come under attack.

NATO Secretary-General Anders Fogh Rasmussen said a command headquarters would be set up in Eastern Europe with supplies and equipment stockpiled there, enabling the "spearhead" force to mobilize and deploy quickly.

"It sends a clear message to any potential aggressor: Should you even think of attacking one ally, you will be facing the whole alliance," Rasmussen declared as a two-day NATO summit in southern Wales drew to a close.

NATO air patrol flights over the Baltic and other air, land and naval measures already in place will be extended indefinitely, Rasmussen said, as part of a readiness package that also calls for upgraded intelligence-sharing and more short-term military exercises.

Webmaster's Commentary: 

Interesting timing; just when there has been a cease-fire signed between entities in Eastern Ukraine and the Ukrainian government.

One has to wonder if Poroshenko and Moscow came to some kind of "understanding" that he had to back off, because one way or another, either by losing this war, or the October elections, he was going to be out of power in very rapid order.

Sep 05 07:05

NATO Dead, King Dollar Wrecked

the USDollar is under siege despite its rising exchange rate

a Global Paradigm Shift is underway

the Ukraine War has brought about a heightened urgency

Europe must make a decision to preserve its economy, or to support the USD

the European nations will work to install the Gold Standard, and thus will preserve their economies and industry and jobs

Special Forces professional troops from Germany, France, Netherlands, and England are fighting against NATO forces in Ukraine

easy conclusion: NATO IS DEAD

Sep 04 07:59

Monetary policy decisions

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.

The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.

The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.

Sep 03 15:29

US and NATO Step Up Military Preparations Against Russia

At their meeting this week in Wales, government heads of NATO member countries are expected to approve the creation of a special rapid response force of as many as 4,000 soldiers that could be deployed to any member state within two days. They are also expected to sanction the establishment of an ongoing troop presence in Poland and the Baltic states, as well as the buildup of equipment and arms stockpiles in Eastern Europe.

The NATO summit, to which Ukrainian President Petro Poroshenko has been invited, will focus on the Western diplomatic, economic and military offensive against Russia that has been continually escalated since the US and Germany triggered the crisis in Ukraine last February by organizing a fascist-led putsch that overthrew the pro-Russian government of Viktor Yanukovych.

Sep 03 15:17

European Commission Gives Green Light to More Sanctions Against Russia

The European Commission approved Wednesday a proposal to significantly expand sanctions against Russia, but the final decision is yet to be made by the European Union members.

Sep 03 08:41

Europe Must Unite Against Russia: NSA's Alexander

Gen. Keith Alexander (Ret.), former director of the NSA, comments on the escalating situation in Ukraine. He speaks with Trish Regan on "Street Smart."

Webmaster's Commentary: 
Sep 03 06:50

From Minsk to Wales, Germany is the key

The road to the Minsk summit this past Tuesday began to be paved when German Chancellor Angela Merkel talked to ARD public TV after her brief visit to Kiev on Saturday.

Merkel emphasized, “A solution must be found to the Ukraine crisis that does not hurt Russia.”

Sep 02 14:47

JIM WILLIE — Critical Geopolitical & Monetary Update: NATO is Falling Apart & Germany is Breaking Away From the U.S.

Dr. Jim Willie presents some important recent developments that bode ill for the dollar as Germany, France and other former allies and partners of the US are now aligning themselves with Russia, China and the BRICS bloc. Also, Willie’s source claims Blackwater mercenary group has been captured in Ukraine. “NATO is dead.”

Sep 02 12:36

NATO May Hold Drills, Set Up Military Training Centre In Georgia – Rasmussen

NATO may hold military drills and establish a military training center in Georgia, NATO Secretary General Andrers Fogh Rasmussen said on Monday.

According to Rasmussen, alliance plans to increase cooperation between Georgian Armed Forces and NATO and organize military drills inside Georgia.

Rasmussen emphasized that NATO plans to establish a military training center in Georgia in order to attract the alliance’s partners.

Sep 02 12:35

NATO summit: War or peace?

Twenty-five kilometers of fifteen-foot high, reinforced steel-mesh crowd proof fencing. 20,000 heavily armed, well equipped and dark-uniformed militia have started arriving daily. Military defense plans have been finalized. Already, adrenaline is in the air. There is a fight coming. Is this Gaza?

No. This is the NATO Summit. You, your civil rights, your quest for peace, and your demand for a return to real democracy and pursuit of happiness are not wanted here.

You do not matter!

Sep 02 12:34

EU leaders deliver sanctions ultimatum to Russia over Ukraine

European Union leaders have given Russia a week to reverse course in Ukraine or face a new round of sanctions as Kiev warns it is on the brink of full-scale war with Moscow.

Fears are growing that the confrontation on the EU's eastern borders could engulf the whole continent after Russia [was accused of sending] troops to back a new offensive by pro-Kremlin rebels in south-east Ukraine.

Sep 02 09:39

As Rebels Advance, Ukraine Spurns Calls for Peace Talks

The deputy premier of East Ukraine’s breakaway region headed to Belarus today, and rebel officials say they’re eager to negotiate a settlement of the ongoing war, with a goal of comparative autonomy instead of their previous pushes for secession.

But it takes two sides to make peace, and as usual, Ukraine’s pro-West government is spurning the calls for talks, insisting the war over the nation’s impoverished east is actually the start of a “great war” for all of Europe that must be won militarily.

Webmaster's Commentary: 

Either Poroshenko is completely and thoroughly out of his mind, or he has been coached to be the "pitbull picador" by his US/EU/ECB handlers, to provoke Russia to war.

But unfortunately, Ukraine is simply the excuse for a war which, apparently, the US/NATO/EU/ECB are itching to have against Russia.

And if it does come to war, Ukraine will most probably find itself abandoned on the larger battlefield of military objectives the West has on its mind.

Stupidity should be at least painful, if not lethal.

And the stupidity of various US leaders thinking that the US can prevail in an all-out war against Russia is... staggering.

We don't have the money, the troop strength, or the manufacturing to insure a positive outcome to a conventional war against Russia.

And the US weapons program?!? Hugely expensive, nororiously behind schedule, wasteful, and not ultimately getting truly quality weapons into the hands of our military.

In terms of weapons manufacturing and sourcing, Russia has not been spending what the US has, but has been getting a lot more bang for their buck, in terms of what they have purchased or manufactured.

Sep 02 08:52

Russia to adjust military doctrine due to NATO expansion, Ukraine crisis

Moscow is to review its military doctrine, a move that is caused by expansion of NATO in Eastern Europe, problems of missile defense and the crisis situation in neighboring Ukraine, says an official from the Russia’s Security Council.

“I have no doubts that the issue of drawing of military infrastructure of NATO member-countries to the borders of our country, including via enlargement, will remain one of the external military threats for the Russian Federation,” Mikhail Popov, deputy secretary of the Security Council said in an interview to RIA Novosti.

All NATO’s actions show that both the US and NATO are trying to escalate a deterioration of relations with Russia, he added.

“We consider that defining factor in [Moscow’s] relations with NATO will remain the unacceptability for Russia of the expansion plans of alliance’s military infrastructure to our borders, including via enlargement,” he stated.

Webmaster's Commentary: 

Looking at how aggressive NATO and the US have been recently, one can hardly blame Russia for its concern, and its military regrouping.

Sep 02 08:46

Nato Plans 'Spearhead' Force To Face Russia

Nato is set to create a high-readiness force and stockpile military equipment in Eastern Europe as a bulwark against potential Russian aggression, the alliance's chief has said.

Secretary General Anders Fogh Rasmussen said the proposed new force could be comprised of several thousand troops contributed to on a rotating basis by the 28 Nato countries.

Backed by air and naval assets, he said the unit would be a spearhead that could be deployed at very short notice to help Nato members defend themselves against any threat, including from Russia.

Nato leaders are to consider the plans at a summit this week in Wales that is likely to be dominated by how the US-led alliance should respond to the Russian-backed separatist uprising in eastern Ukraine.

Ukraine is not a member of Nato, but its UK ambassador told Sky News he backed the move and appealed for Ukraine's allies to step up sanctions and provide military help now.

Webmaster's Commentary: 

The behaviour on the part of NATO, considering that Ukraine is not a part of NATO at this time, can only be characterized as very odd, in light of the fact that they are hyping the formation of a RRF (rapid reaction force)to come to Ukraine's aid against alleged Russian "aggression", when Russia has not been aggressive against Ukraine in the slightest, and that is what OCSE reports on the border have consistently indicated.

It appears that NATO and the US have decided to curtail Russia's economic growth with a war, and Ukraine is simply the excuse.

But were I Poroshenko, I would hesitate to necessarily hitch my geopolitical/economic/military wagon to NATO and the West.

IF past is prologue, he may want to examine the absolute flustercluck NATO and the US have created in Afghanistan, 13 years on, and wonder - very seriously - if what he has done will ultimately have been the right move for the future of his people.

Please, if you have already not done this, now is the time to take care of yourselves and those you care about. Get storable food, water, extra medications, and figure out how you will defend your home in a way with which you are both comfortable and educated.

Something wicked this way comes, and although I don't want to come across as Mrs. Chicken Little of Hawaii, 2014, preparation right now is critical.

I am very concerned about what I see as the US government marching to war against Russia. And unfortunately, just because an idea is the most ham-fistedly, pig-headedly stupid thing this government could possibly do right now, is absolutely no guarantee that they won't do it, and most probably before the mid-term elections....if, in fact, they are held, and we do not see a decree of martial law, to crush dissent against it.

Sep 02 06:29

“Russia Invades Ukraine”, Strategic NATO Public Relations Stunt. Where Are The Russian Tanks?

Read the London tabloids. Russia has launched “a full-scale invasion”. A vast propaganda campaign has been launched. Where is the evidence?

The media is spreading “fake evidence” in the week leading up to the Wales NATO Summit.

The objective is to herald Russia as the aggressor.

Sep 02 06:17

To Everyone Saying Russia Is "Isolated", Here's A Map

While NATO is happy to provide Russia with geographical advice, we thought the following map of "the world" will help explain President Obama's increased use of the term "isolated" when it comes to Russia...

Sep 02 06:12

Russia has 'severed' partnership with Europe, says Germany

Russia has "effectively severed its partnership" with Europe and wants to establish a new order, German President Joachim Gauck said on Monday (Sep 1).

Webmaster's Commentary: 

Frankly, the overthrow of Ukraine followed by the economic sanctions is what ended the partnership, and nobody is buying that any of this is the fault of Russia!

Sep 02 06:11

The Beginning of World Shift

Anglo-Saxon agression against Russia is taking the form of financial and economic warfare. However, Moscow is preparing for armed hostilities by developing its agricultural self-sufficency and multiplying its alliances. For Thierry Meyssan, after the creation of the caliphate in the Levant, Washington would lay down a new card in September in St. Petersburg. The ability of Russia to maintain its internal stability will determine the course of events.

Sep 02 06:09

Jim WIllie: Saudi's are on the verge of joining Russia in non-dollar oil sales

Last week, Russia announced an game changing shift for energy in which they are now allowing the sale of oil and natural gas to be done in both Roubles and Yuan, bypassing the dollar and cracking the 40 year old petro-dollar system. And on Aug. 31, Dr. Jim Willie reported during an interview with TFMetals Report that this break away from U.S. hegemony over the purchasing of oil is not being limited to just Russia, but that the foundational country of petro-dollar origin, Saudi Arabia, is in talks with the Eurasian energy giant to join them in a partnership that will also disconnect the Arab Kingdom from the dollar, and open energy sales within the OPEC nations to be done in Roubles, Yuan, and perhaps even the Euro.

Sep 01 08:42

NATO Membership For Ukraine – Another Move On The Grand Chessboard

As the geopolitical tug of war continues to take place over the ravaged country of Ukraine, both sides of the conflict – NATO and Russia – have begun taking steps toward a more solidified structure of alliances that will no doubt have massive reverberations across the world and possibly lead to direct confrontation between nuclear powers.

Indeed, as further evidence that the Western NATO bloc desires an ultimate conflict with Russia and the BRICS powers, NATO Secretary General Anders Fogh Rasmussen has indicated that Ukraine is firmly on the path to become an eventual member of the NATO alliance.

Simultaneously, West Ukrainian Prime Minister Arseny Yatseniyuk submitted a bill to the Ukrainian Verkhovna Rada that would cancel Ukraine’s “non-aligned” status and restart Ukraine’s official attempt to become a member of NATO.

Webmaster's Commentary: 

Yatseniyuk and Poroshenko have an industrial-strength problem here, and that is one of timing.

The next NATO General Assembly happens this Thursday and Friday in Cardiff, Wales, and NATO has not indicated that it will be adding new members at this time. They may have an emergency consultation after that to bring Ukraine in, but NATO leadership understands that Ukraine has really nothing to give NATO, save for a potential military confrontation with Russia, and because of the effect of existing sanctions against Russia (which may result in a potential turn off of gas which Europe desperately needs), may be very hesitant to accept Ukraine as a member.

Ukraine is dead broke, and in arrears on its payment to GAZPROM, the Russian energy company from which it gets the majority of its energy.

Ukraine may well balkanize, due to its financial problems, long before NATO deliberations on its membership have come to fruition, at which time the issue will become moot, and such a balkanization will put Russia in the ascendency once again.

Sep 01 06:54

Bloomberg Primes the Pump of the Deflationary Dialectic

Bloomberg offers two editorials on Europe that tell us economic growth is not going well. The one above speaks to the issue of Mario Draghi's lack of courage in terms of implementing a program of aggressive money printing.

The other one, which we excerpt below, is a kind of call to arms by Bloomberg itself – via its editorial staff – demanding that Europe's leaders scrap the fiscal pact negotiated in 2012 that mandates certain austerity measures.

Taken together, they seem to be indicating a certain level of distress, and yet there are other ways to regard this double-barreled explosion of concern over the EU's still-eroding economic condition.

Webmaster's Commentary: 

So, let's make things worse with a pointless sanctions war with Russia!

Aug 31 08:58

French President Says "There Is Risk Of War" As Europe Plans Additional Russia Sanctions

For months Europe had thought that mere verbal (and hollow) threats, populist posturing and propaganda would be enough to force Russia's Putin to back off and withdraw from the endless Ukraine escalation, into a Kremlin cocoon with his tail between his legs. What they didn't anticipate was that Putin would in no way back down (as that would be seen as defeat and weakness by his numerous internal foes), nor would have have to: with Russia providing a third of European gas and with winter approaching, Russia had all the trumps cards from day one.

Aug 31 08:56

Britain to spearhead 10,000-strong Nato rapid reaction force with mission to halt Putin's 'Tsarist expansionism'

Britain is to spearhead a new Nato rapid-reaction force amid warnings that Vladimir Putin is virtually ‘at war against Europe’ and planning ‘Tsarist expansionism’.

Webmaster's Commentary: 

I say we take all these "leaders" all hot and bothered for a war with Russia and parachute them into Moscow right now!

Aug 30 08:42

Activists gather for week-long protests against NATO

As world leaders prepare to attend the NATO Summit in Newport next week, campaigners are mobilising for a week of protest and debate to challenge this ‘interventionist, expansionist, military club.’

A mass demonstration against NATO will take place in Newport tomorrow (Saturday 30 August), while a Counter-Summit will be held on Sunday 31 August at Cardiff County Hall, and on Monday 1 September in Newport.

Webmaster's Commentary: 

NATO has simply become a ossified war machine on steroids.

And not a particularly effective one at that, if you look at the condition of the occupation of Afghanistan, where there is absolutely no military metric by which the occupation can be judged as a "success".

Aug 29 09:11

BDS GAINING MOMENTUM IN EUROPE

The war in Gaza and its aftermath have inflamed opinion in Europe and, experts and analysts say, are likely to increase support for the movement to boycott, disinvest from and sanction Israel, known as BDS.

Aug 27 09:24

NATO chief eyes more bases in E. Europe to confront Russia

Under the pretext of an 'overt' Russian threat, NATO is pushing for a ‘readiness action plan’ that will bring the Cold War military bloc closer to Russian borders than ever - even despite objections from some NATO members.

NATO Secretary-General Anders Fogh Rasmussen said the 28-nation military bloc, which meets next week in Cardiff, Wales, would attempt to overcome internal opposition and agree to the deployment of military bases near the Russian border.

Amid the ongoing Ukrainian conflict, which is fracturing the country along east-west ideological lines, NATO is preparing to install for the first time military “reception facilities” in Eastern European countries, including Poland and the three Baltic countries: Lithuania, Estonia and Latvia.

Webmaster's Commentary: 

Memo to NATO Secretary General Rasmussen: the title of this article should have read: "NATO chief eyes more bases in E. Europe to PROVOKE Russia."

Sir, I would very much like to remind you that so far, Russia has done absolutely nothing wrong.

The legitimate, elected government of Ukraine was overthrown in a US/EU/ECB-sponsored putsch earlier this year, so the Poroshenko could be "installed" as its President.

At that point, Crimea, which has long been a part of Russia, before Kruschiev, an ethnic Ukrainian, annexed it, asked to become part of the Russian Federation. And in what was characterized as a "free and fair election", complete with observers, the Crimean people chose to become a part of the Russian Federation.

And is not "the right to peaceful self-determiniation" one of the underpinnings of the UN Charter?!?

Secretary Fasmussen, Russia is not the aggressor here; NATO, the US, and the West, are the aggressors here.

What I am seeing, Secretary General Rasmussen, is a prelude to a war between Russia, and Europe, NATO, and the US.

This is absolutely the antithesis of what should be happening here, where Russia and NATO should be working collaboratively to establish a broader basis for peace, humanitarian operations, and a more sane world.

Aug 27 08:24

Lockdown in Cardiff: City turned into high security 'prison' with 10 mile 'ring of steel' ahead of Nato conference

Police have erected nine feet high security fencing around Celtic Manor resort in Newport and Cardiff city centre.

150 world leaders including Barack Obama and David Cameron will meet in South Wales on September 4 and 5.

Kim Howells, former foreign office minister, fears that home grown Islamic State terrorists could be planning to attack.

More than 9,000 officers from across the UK have been drafted in to police event and traffic disruptions are likely.

The total cost for security is not yet known and is expected to be published after the summit by the Government.

Webmaster's Commentary: 

People of Cardiff, you have my utter and complete sympathy.

I remember when President Obama was here for the APEC conference (the Asian Pacific Economic Conference) and Mike and I were headed down the hill to drop me off at church, so that I could sing with our choir, and the entire bloody cross-street was blocked off with soldiers carrying loaded rifles, and no one could get through.

Ultimately, after we turned around and got back home, I had to call our director, and explain that I was unable to get to church because of all the guys carry rifles, and he was quite understanding.

It felt rather as though the Constitution and Bill of Rights had been suspended on Oahu for that day, and I found myself very, very angry.

Aug 27 06:56

European Parliament Fails to Calculate Impact of Sanctions Prior to Implementation

The European Parliament did not conduct any of its own official studies on the impact of its sanctions against Russia prior to their implementation or to this day, said Director-General of the European Parliamentary Research Service (EPRS) Anthony Teasdale and Secretary-General of the European Parliament (EP) Klaus Welle on Tuesday.

“On sanctions, no we have not, in the European Parliament Research Service, done any analysis on the financial implications,” said Teasdale in response to a question from RIA Novosti at a Wilson Center event on EU economic integration.

He said there had been no requests from parliamentary committees, noting that “the committees have not been meeting for the last three or four months, because we’ve been having European elections.”

Aug 26 08:10

NATO Debates Directing Missile Shield against Russia

With fears of Moscow growing after its intervention in Ukraine, NATO member states in Eastern Europe would like NATO to direct a planned missile-defense system against Russia as well. The calls have divided the military alliance.

Webmaster's Commentary: 

NATO is divided because the NATO nations know that the problem is not Russia, but the US war on the Ruble (and Yuan).

Aug 21 12:18

Ukrainian parliament to ratify association agreement with EU in September — Poroshenko

Ukraine’s Verkhovna Rada (parliament) will ratify the Association Agreement with the European Union in September, President Petro Poroshenko said on Wednesday.

“We worked hard to make the Association Agreement a reality. And there is no discussion in Ukraine as to whether this important document should be ratified or not,” Poroshenko said at a meeting with deputies from the Batkivshchina party.

Webmaster's Commentary: 

Because anyone who might have opposed this was kicked out or killed last January!

Aug 20 08:55

Finland: NATO Military Aid to Kiev ‘Not Possible’

"Of course it’s not possible. Not from NATO because NATO only provides military assistance to its members, and that’s well known. And the EU doesn’t have the capacity to provide this kind of support," he believes, RT reported.

Stubb was commenting on a request voiced Sunday by Ukraine’s Foreign Minister Pavel Klimkin, who said Kiev would welcome military aid from NATO and the EU in an interview.

Webmaster's Commentary: 

Finnish Prime Minister may well be in for a grand surprise at the next NATO summit in Wales on the 4th and 5th of next month; I wouldn't be at all surprised if the issue of bringing Ukraine into NATO is not fast-tracked at that time, because Ukraine is absolutely falling apart, financially and militarily.

Without NATO intervention, and soon, the Ukraine may well not be able to survive.

Aug 20 08:24

EU Advisors Advocate use of Military Against Strikes and Protests

Experts at a European Union (EU) think-tank are demanding that the EU prepare to put down strikes and protests with military force. Due to the deepening social inequality in a globalised economy and growing military conflicts within the EU’s borders, such outbursts will inevitably increase.

In the study by the European Union Institute for Security Studies, the authors bluntly state that in the face of these developments, the army will have to be used increasingly for policing duties to protect the rich from the anger of the poor.

The book appeared a year after the near-collapse of the global financial system in 2008, entitled “Perspectives for European Defence 2020.” It makes clear that academics and politicians are very aware of the revolutionary implications of the crisis. They are working through scenarios that would allow the opposition of the vast majority of the population to social attacks to be suppressed.

Webmaster's Commentary: 

Absoflippinglutely unbelievable; looks as though Europe is rapidly turning fascist also.

Aug 16 10:46

"Anti-Putin" Alliance Fraying: Germany, Slovakia, Greece, Czech Republic Urge End To Russian Sanctions

Last week Germany reported that in the second quarter, its GDP declined by 0.2%, worse than Wall Street consensus. This happened a few shorts days after Italy reported a second consecutive decline in its own GDP, becoming the first Europen country to enter a triple-dip recession. What's worse, Europe's slowdown took place before the brunt of Russian sanctions hit. Surely in the third quarter the GDP of Germany, a nation whose exports accounts for 41% of GDP, will be even worse, with whisper numbers of -1% being thrown casually around, but one thing is certain: Europe is about to enter its third recession since the Lehman collapse just as we forecast at the end of 2013, a "triple-dip" which may become an outright depression unless Draghi injects a few trillion in credit money (which will do nothing but delay the inevitable and make it that much worse once the can can no longer be kicked), and unless normal trade ties with Russia are restored.

Webmaster's Commentary: 

In another time, this might have slowed the march to war between Russia and the US; unfortunately, however, too many corporations have too much invested in such a war to back off now.

I am fully expecting a false flag event, to be blamed on Russia, as the trigger here, because nothing else appears to be working.

However, I would like to politely point out that the US military doesn't have the money, the manufacturing, or the troop strength to insure a positive outcome to a conventional war with Russia, which is what makes the military scenario so scarily dangerous.

How long it will take for the US government to turn such a war nuclear, I cannot foretell; but I would imagine it would be when they realize they can not potentially win this any other way.

Aug 16 09:04

Europe’s Greater Depression is worse than the 1930s

Europe hasn't recovered, because it hasn't let itself. Too much fiscal austerity and too little monetary stimulus have, instead, put it more than halfway to a lost decade that's already worse than the 1930s.

It's a greater depression.

Webmaster's Commentary: 

But it has made the owners of the private central bank richer than Midas, and that's really all that matters!!!

Aug 16 08:05

Russia Sanctions Blowback: EU Takes The Hit For USA

Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO

Aug 15 13:17

Niinistö, Putin meet today in Sochi

President Sauli Niinistö will make a working visit to Russia to meet President Vladimir Putin in Sochi on Friday, the presidential office announced on Thursday.

The office said the Ukraine crisis would be the core issue of discussions during the visit.

Niinistö told a press conference on Thursday afternoon that creating an open channel for discussion is important to resolve the Ukraine crisis peacefully.

“As we all know, the situation in Ukraine is very dangerous,” said Niinistö, adding that many of his western colleagues hoped that Finland could act as a peace mediator.

Aug 15 10:05

Spanish public debt tops one trillion euros

Spain’s public debt has topped one trillion euros ($1.3 trillion) for the first time, the central bank announced Thursday, despite years of government-imposed austerity.

The nation’s accumulated public debt mushroomed to 1.007 trillion euros at the end of June from 996 billion euros a month earlier, the Bank of Spain said in a report.

Prime Minister Mariano Rajoy’s government has struggled to contain annual deficits by raising taxes, freezing public salaries and curbing spending on services such as education and health care despite angry street protests.

Though the annual deficits are on the decline, they continue to push up the sovereign debt of the eurozone’s fourth-largest economy. The public debt figure includes the cost of a 41-billion-euro banking rescue in 2012 financed by Spain’s eurozone partners.

Webmaster's Commentary: 

The problem with such a Ponzie scheme is that it cannot remain stable forever, and there will be a hard and fast point when their economy (and ours) will collapse.

Aug 14 12:55

Ukraine Passes Russian Sanctions Law: Gas Transit Halt Seems Imminent

The Ukrainian parliament approved a law on Thursday to impose sanctions on Russian companies and individuals "for financing terrorism." As Reuters reports, Prime Minister Arseny Yatseniuk told parliament that "by approving the law on sanctions, we showed that the country is able to protect itself." The first 'threat' though - that European energy companies would have to agree major contract revisions when purchasing Russian natural gas, potentially disrupting supplies in the coming winter months - seems suicidal... and EU leaders are not happy.

Aug 14 12:09

Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"

On one hand, despite initial weakness following Europe's triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on... nothing.

On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.

PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY

Webmaster's Commentary: 

BRILLIANT! Putin out-thinks the US again! By charging Roubles for Russia's oil, Putin will force European countries to have to trade Euros for Roubles, leaving the US dollar high and dry.

The US cannot complain about Russia selling its oil for the Rouble without telegraphing to the world that all these wars of conquest have been about keeping the global oil trade in US dollars only.

Aug 13 12:06

Pentagon Adding New Tanks, Vehicles to Massive Cache in Norway Caves

Pentagon officials today confirmed a plan to send massive amounts of new tanks and armored vehicles to the Norwegian countryside to be stashed inside of a series of caves in case the US wants to use them in wars in the region.

Webmaster's Commentary: 

Norway?!?

Aug 13 11:40

EU gives go-ahead to states sending arms to Iraqi Kurds

The European Union failed on Tuesday (12 August) to agree on a joint position on supplying weapons to Iraqi Kurds battling Islamic State militants, but said individual members could send arms in coordination with Baghdad.

Aug 12 15:17

Economic damage from Russian boycott could be triple original estimate

The economic damage from the Russian boycott of Dutch food products could reach €1.5bn, Dutch employers' organisation VNO-NCW chief Hans de Boer said on Tuesday.

Last Thursday Russia announced a ban on the import of fruit, vegetables, meat, fish and dairy products from countries which support the sanctions imposed on the country by the EU and US.

Earlier calculations of the damage were €500m but De Boer said this is too optimistic. 'That calculation did not take into account the Dutch dealers who operate from eastern Europe,' he told broadcaster Nos.

Aug 12 13:44

Polish Ambassador’s #FreedomApples Appeal

Webmaster's Commentary: 

You should read the comments on this!

Mine is: This flood of produce into the US to save Europe will create a surplus, riving down prices. That will be good for the US consumer but will destroy our domestic producers of those same items, who will be unable to pay the mortgages on their farms and orchards, setting them up to have their properties foreclosed on by the bankers.

Aug 12 11:27

NATO sees “high probability” of Russian invasion in east Ukraine

NATO said on Monday there was a “high probability” that Russia could launch an invasion of eastern Ukraine under the guise of a humanitarian operation, but a defiant President Vladimir Putin said Moscow was sending an aid convoy into the country.

With Ukraine reporting Russia has massed 45,000 troops on its border, European Commission President Jose Manuel Barroso also warned Putin against any military intervention in the country.

The past week has seen increasingly urgent warnings from Kiev and Western countries that Putin appeared to be planning an invasion.

Western countries said Putin – who has whipped up the passions of Russians with a relentless nationalist campaign in state-controlled media since annexing Ukraine’s Crimea peninsula in March – could invade to head off a humiliating rebel defeat.

Webmaster's Commentary: 

For the Zillionth time: Russia did not annex Crimea; after the legitimate government in Kiev was overthrown in a putsch, the Crimean government, through a free and fair referendum of its people, chose to join the Russian Federation: Crimea was not annexed, and Russia has done absolutely nothing wrong here.

And why is NATO that concerned about Ukraine, when Ukraine is not even a NATO member?!? That may change in September, because on September 4th and 5th, NATO holds its next summit in Wales, but as of 12 August, 2014, Ukraine is not a NATO member.

But other than accusations, NATO has absolutely no credible evidence that Russia would even begin to invade Ukraine; and why in heaven's name would Putin do this?!? There is absolutely zero strategic benefit to Russia's invading Ukraine.

But right now, with the fog of war so thoroughly saturating the geopolitical atmosphere now, it is clear that the US government wants a war against Russia, to prevent the collapse of the the US dollar (or have a war to blame it on, when the dollar collapses), and the economic ascendance of both the Russian ruble, and the Chinese yuan.

Were I a betting person, I would not bet against the US creating some kind of false flag event, to be blamed on the Russian government as a "justification" for war against it.

Perhaps a false flag attack in Ukraine may be considered the best and fastest impetus to having Ukraine join NATO as quickly as humanly possible.

Aug 11 18:01

Ukraine Considers Restricting Russian Gas Deliveries To Europe

Ukraine is planning to impose sanctions on Russia that might include an effort to starve its larger and richer neighbor of income by stopping the flow of Russian gas through Ukraine to customers in Western Europe.

Ukrainian Prime Minister Arseniy Yatsenyuk told reporters on Aug. 8 that his government is proposing sanctions against 172 citizens from Russia and other countries, as well as 65 Russian companies “for financing terrorism” by supporting the efforts of Russian separatists in eastern Ukraine.

Aug 11 08:13

Ebola Threat To Illegal Immigrant Calais Camps

Medical experts have predicted that the illegal immigrant camps of Calais will soon be hit by Ebola, according to the Sunday Express. The camps, which are filled with African immigrants desperate to make it over the English Channel, are already rife with diseases like scabies.

Now they could become the frontline in Britain’s fight against Ebola as immigrants from countries like Liberia and Sierra Leone arrive daily. The camps are particularly dangerous because people live in such close proximity, ideal for the spread of Ebola.

Aug 10 15:00

Russian sanctions begin to bite in the Netherlands

The Russian sanctions imposed on Thursday against western countries are already beginning to bite in the Netherlands, Dutch media report on Friday.

The Financieele Dagblad reports that 300 trucks carrying vegetables and fruit have already been refused entry at the Russian border.

The effects are also being felt at the Zaltbommel trade auction where prices are already falling.

Aug 10 08:05

ECB gets ready to pump cash into eurozone as fears rise over recovery

Mario Draghi says preparatory work in place for quantitative easing to combat deflation and economic stagnation

Webmaster's Commentary: 

And we have seen how well quantitative easing has worked here in the US!

Aug 09 09:36

Bildt troubled by Russian food sanctions

Putin is aiming the sanctions at those who imposed sanctions against Russia, namely the 28 EU members, plus Norway, the US, Canada and Australia. The sanctions are against such food items as meat, fish, poultry, dairy, fruit and vegetables.

According to news agency Reuters, the food items Russia imported last year but which are now included in the sanctions amounted to about US$ 23.5 billion, of which about US $32 million came from Sweden.

Putin's decision surprised many because, according to the newspaper European Voice, almost 40 percent of Russia's food imports come from EU countries.

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