EUROPE | WHAT REALLY HAPPENED


EUROPE

Feb 13 08:02

Polish Farmers Blockade Motorways Across Country

This week thousands of Polish family farmers turned out to protest in over 50 locations across the country. Over 150 tractors blockaded the A2 motorway into Warsaw on the 3rd February and hundreds more continue to close major roads and picket government offices in other regions. The farmers are vowing to continue the struggle until the government agrees to enter talks with the unions and commits to addressing what the farmers see as a crisis in Polish agriculture.

These actions represent a dramatic escalation of protests that have been simmering across the country over the last year. Edward Kosmal, chairman of the farmers protest committee for West-Pomeranian Region said: “We are ready for dialogue. We look forward to meeting with you Prime Minister and beginning a comprehensive government commitment to solving the problems of Polish agriculture. If you do not enter into a dialogue with the Union, we would be forced to tighten our forms of protest.”

Feb 12 21:12

Former IMF Boss Admits Attending Sex Party But Never Paid Prostitutes

The former head of the International Monetary Fund (IMF), Dominique Strauss-Kahn has admitted before a French court that he attended a sex party at the IMF’s Washington Office but never paid for the services of the women involved. The former IMF boss is on trial with 14 other people for sex offenses including the alleged procuring of prostitutes for sex party in Washington.

Feb 12 19:33

London shows solidarity with Greece

Feb 12 18:18

Britain will be harder hit if there are delays in finding solution to eurozone crisis, Cameron warns new Greek PM

"We need the money for palace renovations" - Number 9 3/4

Feb 12 15:59

Obama, what about Israel’s nuclear arsenal?

A Washington-based think-tank, the Institute for Research: Middle Eastern Policy (IRmep) recently painted a different, and more appealing, picture. A “special report” written by its director, Grant F. Smith, focused on a lawsuit that it has filed challenging “US ‘ambiguity’ towards Israel’s nuclear arsenal”.

It is disappointing, if not disturbing, that US President Barack Obama avoided airing any views about the decades-long Palestinian-Israeli conflict in an hour-long interview about US foreign policy issues with CNN’s much-respected anchorman Fareed Zakaria.

Feb 12 15:56

Ukraine ceasefire agreed at Belarus talks

The ceasefire will come into force on Sunday, but Hollande and Merkel say much work still to be done after marathon overnight negotiations

Merkel also confirmed that Putin put pressure on the separatists to agreeto a truce.

Feb 12 15:52

Ceasefire May Spare Poroshenko From Knives Out in Kiev

A ceasefire in the Ukraine war has been brokered after marathon talks in the Belarus capital, Minsk, this week. Russian President Vladimir Putin announced the breakthrough along with his German and French counterparts following 17 hours of intense negotiations that went on through the night.

But perhaps the biggest relief will be felt by Poroshenko. His attendance at Minsk was notable for appearing to have an added gear of zeal to clinch a deal. That zeal may be not so much out of humanitarian concerns for his countrymen, as out of personal reasons for his own political survival

Feb 12 11:12

No discussion of Russian sanctions at EU summit — Mogherini

Foreign Policy Chief Frederica Mogherini said Thursday the EU summit would not discuss new sanctions against Russia.

The EU summit opened in Brussels on Thursday three hours later than planned because its participants had to wait for the return of German Chancellor Angela Merkel and French President Francois Hollande from Minsk.

Ukrainian President Petro Poroshenko met EU Council President Donald Tusk and EU Commission President Jean Claude Juncker ahead of the summit’s opening.

Feb 12 11:11

Moscow considers US, EU sanctions against Russia senseless

EU exports of machinery to Russia was hit hard but US machinery exports to Russia increased by 40%, says Russian Deputy Foreign Minister Alexey Meshkov

Webmaster's Commentary: 

So the US sanctions Russia, Europe takes a loss, and behind the scenes US companies are selling MORE to Russia than before!

Feb 12 10:52

Why Greece Should Leave The Euro In 1 Simple Chart

Is it any wonder that The Greeks want to leave The Euro? One glance at the following chart and it is clear who the growth engine is and who the anchor is...

Feb 12 10:31

EU's food safety agency gives green light to Bisphenol A

The European Food Safety Authority’s (EFSA) re-evaluation of Bisphenol A (BPA) exposure and toxicity states that BPA, an endocrine disruptor, poses no health risk to consumers of any age group at current exposure levels.

Feb 12 09:25

Austria's 3rd Largest Bank Goes Full Bear Stearns: CEO Blames "Short Sellers" For Firm's Demise

You know it's bad when... you start blaming speculators. Very reminiscent of the "it's not us, we have a solid balance sheet, it's the short selling speculators" bullshit in the days before and after the stock crashes of American Insurance Group, Bear Stearns, Lehman Brothers and Merrill Lynch; mere days after his bank's bonds crashed, the CEO of Raiffeissen Bank (Austria's 3rd largest) has stated (unequivocally) that "panic was created artificially," blaming short-sellers for his bank's demise.

Feb 12 08:14

OBAMA THREATENED PUTIN BEFORE MINSK MEETING – GERMAN MEDIA

Several German media institutions wrote that during the recent phone conversation, US President Barack Obama threatened the Russian President Vladimir Putin with serious consequences for Russia’s alleged involvement in the Ukrainian conflict.

Feb 12 08:02

Greece Offers New Bailout Plan as Latest Grexit Drama Commences

Greece presents bailout plans to EU finance ministers ... Greece's anti-austerity government is presenting its first concrete proposals for an alternative debt plan at an emergency meeting of eurozone finance ministers in Brussels. The government wants to overhaul 30% of its bailout obligations, replacing them with a 10-point plan of reforms. But EU ministers have warned that Greece must abide by existing terms.

Feb 12 07:43

The Breaking HSBC Scandal Reveals UK Govt Is Chief Henchman Of The Mafia Banking System

An international collaboration of media outlets have leaked HSBC files which prove the Bank has actively sought to undermine domestic tax laws by hiding more than $100bn in Swiss bank accounts – but what is truly remarkable, it the complicity of the UK government in helping the 1% avoid paying their dues.

Sicilian mafia families have a position in their criminal organisation called the ‘consigliere’. A consigliere is an adviser or counselor to the boss, with the additional responsibility of representing the boss in important meetings both within the boss’s crime family and with other crime families. The consigliere is a close, trusted friend and confidant.

The relationship between the UK government, the HMRC and the banking sector appears to be one of consigliere – with the former providing advice and representation services for the latter, against the interests of the public.

Feb 12 07:42

Germany faces impossible choice as Greek austerity revolt spreads

The political centre across southern Europe is disintegrating. Establishment parties of centre-left and centre-right - La Casta, as they say in Spain - have successively immolated themselves enforcing EMU debt-deflation.
Spain's neo-Bolivarian Podemos party refuses to fade. It has endured crippling internal rifts. It has shrugged off hostile press coverage over financial ties to Venezuela. Nothing sticks.
The insurrectionists who came from nowhere last year - with Trotskyist roots and more radical views than those of Syriza in Greece - are pulling further ahead in the polls. The latest Metroscopia survey gave Podemos 28pc. The ruling conservatives have dropped to 21pc.
The once-great PSOE - Spanish Workers Socialist Party - has fallen to 18pc and risks fading away like the Dutch Labour Party, or the French Socialists, or Greece's Pasok. You can defend EMU policies, or you can defend your political base, but you cannot do both.

Feb 12 07:28

‘Bankrupt but Free’: Greeks stage nationwide anti-austerity rallies

As EU politicians failed to reach a Greek debt deal in Brussels, thousands of people poured onto the streets of Athens and other large cities to protest austerity and voice support for the recently elected Syriza party.

Eurozone finance ministers have made progress in discussions with Greece following hours of talks on Wednesday. The talks on whether to extend an international bailout to Athens will continue during the next scheduled meeting on Monday, as the sides could not agree on another meeting before then.

Feb 12 07:27

Polish farmers ride tractors to Warsaw, demand aid after Russian trade ban (VIDEO)

Hundreds of Polish farmers drove their tractors to Warsaw to protest against the poor financial assistance they have received in dealing with the aftermath of the Russian import ban that has crippled the Polish agricultural industry.

Feb 12 07:16

Greece, OECD to carry out joint reforms – Prime Minister

The Prime Minister emphasized that the austerity measures carried out under the loan agreements with the ‘troika’ of European Commission, European Central Bank and International Monetary Fund, were aimed at eliminating the crisis in Greece, but "only further deepened it,” undermining the prospects for the country’s economic growth.

Tsipras said "the new government is committed to implement the reforms really needed by Greece and that its previous government did not dare to carry out," adding that his government can make such a transformation as it has no links with the past and no commitments to the oligarchy.

Feb 11 17:06

Standard & Poor's downgrades Kazakhstan, Bahrain, Oman and even Saudi Arabia

International rating agency Standard & Poor's downgraded credit ratings of Kazakhstan, Bahrain and Oman on Monday amid a sharp drop in oil prices, a press release from the agency said.

Kazakhstan's rating was lowered to "BBB" with a negative outlook from "BBB +". The agency downgraded Bahrain's rating to "BBB-" with a negative outlook from "BBB". Oman's rating was downgraded from "A" to "A-" with a negative outlook.

Feb 11 15:48

Weapons to Ukraine may end US empire

Germany, France and even American lapdog ally Britain have all voiced opposition to sending more military hardware to Ukraine, fearful that such a move would escalate the conflict and antagonize Russia into a wider war.

While hosting Merkel at the White House this week, Obama was at pains to emphasize unity between Washington and Europe over the Ukraine crisis and toward Russia. Obama felt obliged to shore up that waning unity, rather than talk about the weapons option that so many other American politicians are advocating.

Feb 11 15:43

Obama “Preacher In Chief” at Prayer Breakfast

President Obama has two years remaining in which to make the morally ambiguous decisions a president must make. His 2015 Prayer Breakfast sermon suggests he knows how he wants to handle those decisions.

President Obama has two years remaining in which to make the morally ambiguous decisions a president must make. His 2015 Prayer Breakfast sermon suggests he knows how he wants to handle those decisions.

Feb 11 15:29

Europeans Do Not Want to Die for Kiev - Former German Minister

Former German Minister for Economic Cooperation, Erhard Eppler, said that Ukraine's economic revival depends on the cooperation with Russia, as the EU cannot cope with the recovery of Ukraine alone.

The visit of German Chancellor Angela Merkel to the United States once again showed that there is no unity between Brussels and Washington on the situation in Ukraine, former Minister for Economic Cooperation, Erhard Eppler, wrote in his essay in the German newspaper “Sueddeutsche Zeitung.”

Eppler stated that Europe is interested only in the peaceful settlement of the conflict and underlined the key role of Russia in this process.

Feb 11 09:45

It’s Only A Matter Of Time Before Greece Exits The Euro

Greece is beginning to dominate global news once again as the newly elected party, Syriza, is trying to renegotiate the country’s debt with its creditors, mainly the ECB. Both sides appear to be playing chicken which is creating uncertainty in financial markets with both Europe and U.S. markets recently stalling.

Feb 11 09:13

FLAME: DID THE NSA, ISRAEL, AND THE UK’S SPY AGENCY LAUNCH A JOINT CYBERATTACK ON IRAN?

An NSA document newly published today suggests two interesting facts that haven’t previously been reported. The Intercept, which published the document, highlighted that in it the NSA expresses fear that it may be teaching Iran how to hack, but there are two other points in the document that merit attention. One concerns the spy tool known as Flame; the other refers to concerns the NSA had about partnering with the British spy agency Government Communications Headquarters and Israeli intelligence in surveillance operations.

Feb 11 09:03

UKRAINE CRISIS: TRANSCRIPT OF LEAKED NULAND-PYATT CALL

An apparently bugged phone conversation in which a senior US diplomat disparages the EU over the Ukraine crisis has been posted online. The alleged conversation between Assistant Secretary of State Victoria Nuland and the US Ambassador to Ukraine, Geoffrey Pyatt, appeared on YouTube on Thursday. It is not clearly when the alleged conversation took place.

Feb 11 08:09

Greek PM Tsipras: Reform on our own terms

Ahead of emergency eurozone talks, Greek Prime Minister Alexis Tsipras has refused to bend on his country's demand of renegotiating a bailout. The solution for Greece must come from Greece, he has said.

Feb 11 07:59

Russia, Greece foreign ministers to discuss finance, energy cooperation, Ukraine crisis

The foreign ministers of Russia and Greece, Sergey Lavrov and Nikos Kotzias, will meet in Moscow on Wednesday to discuss cooperation between the two countries in finance, energy, transport and education spheres alongside developments in Ukraine.

Webmaster's Commentary: 

If Greece leaves the EU and the Euro, and aligns with Russia, it blows the whole US "encirclement" of Russia out the window!

Feb 11 07:58

Italy’s South Tyrol may serve as model for Ukraine's east — Italian FM

Italian autonomous region Trentino-Alto-Adige, also known as South Tyrol, can serve as a model for the settlement of the ongoing conflict in Ukraine’s east that could help to preserve the country’s territorial integrity, the Italian foreign minister told a local daily on Wednesday.

In an interview with La Stampa daily Italian Foreign Minister Paolo Gentiloni said that "the model of our South Tyrol may suit the eastern regions of Ukraine."

"There is certainly a different context but this way we may find a solution to the preservation of the Ukrainian sovereignty and protection of its borders with the respect of minorities’ rights," Gentiloni said.

Feb 11 07:57

EU institutions never discussed Russia’s disconnection from SWIFT — source

EU institutions never discussed the issue of Russia’s disconnection from the SWIFT international bank message system, a European source said at a briefing on Wednesday ahead of an extraordinary EU summit on February 12.

The EU summit is expected to discuss the Ukraine crisis.

"This issue was never considered by EU institutions and I would not speculate on this topic," the European diplomat said.

Feb 10 18:32

“Grave” repercussions for NATO if Greece turn to Russia

Kammenos, who is a member of the Independent Greeks, the right-wing party who formed a coalition with left-wing Syriza after they failed to secure a majority in January’s elections, warned that: "Plan B is to get funding from another source. It could be the United States at best, it could be Russia, it could be China or other countries."

Feb 10 16:34

Tomorrow Greece Decides: Europe... Or Russia

"Greece's Foreign Minister Nikolaos Kotzias is to visit Moscow on Wednesday to hold talks with his Russian counterpart Sergei Lavrov, Russia's Interfax and TASS news agencies reported on Monday citing a source in the Russian Foreign Ministry." In other words, at precisely the same time as the FinMin is in Brussels discussing the fate, or lack thereof, of Greece in the Eurozone, the new Greek foreign miniser will be in the Kremlin, getting instant updates from Brussels and perhaps discussing the fate of Greece in the Eurasian Economic Union. Or put in the simplest of terms, tomorrow Greece will decide: Europe, or Russia.

Feb 10 14:38

Munich Security Conference – Hot Issues and Vibrant Debates as Ukraine Steals the Show

From February 6 to 8, 2015, Munich was again in the focus of international politics with over 400 renowned decision-makers in international politics, including about twenty heads of state and government and more than sixty foreign and defence ministers, 30 CEOs of large global companies as well as strong parliamentary delegations coming together at the 51st Munich Security Conference (MSC) to discuss current and future issues in foreign and security policy focused heavily on the new Russia - West standoff over Ukraine and the Islamic State posing a global threat among other acute issues.

Feb 10 14:07

Irish bank guarantee the ‘stupidest own-goal in history’

An expert in bank regulation says Ireland’s bank guarantee was the “stupidest own-goal in history”.

Feb 10 11:43

Kathy Kelly: The Shift

{Kathy Kelly, co-coordinator of Voices for Creative Nonviolence (info@vcnv.org), is in federal prison for participation in an anti-drone protest.}

"A nation that continues, year after year, to spend more money on military defense than on programs of social uplift is approaching spiritual death."

“We must rapidly begin the shift from a thing-oriented society to a person oriented society...” – Martin Luther King Jr., “Beyond Vietnam“

A moment can become a movement but in any case it’s worthwhile to do all we can to help each other do easier time.

Feb 10 11:31

Moscow’s Problem: Dealing with Imbeciles and Vassals

European leadership is still a captive of Washington’s clutches. But the disgusted European masses might just be forcing a break in the imbecilic bonds.

Russia is in a dilemma. How can it work through a peaceful settlement over the Ukraine conflict – and avoid a wider, more terrible war – when it is having to communicate with imbeciles and vassals? We are referring to the American and European leaders, respectively.

American politicians attending the Munich Security Conference derided efforts by Germany’s Merkel and French President Francois Hollande to engage Putin in political dialogue over the Ukraine crisis as «bullshit».

To her credit, Angela Merkel has stood firm in her opposition to American calls for increasing military involvement in Ukraine. While in Washington this week, she categorically ruled out supporting the idea of sending more weapons into Ukraine. Merkel’s opposition to US proposals has been denounced by leading Republican Senators...

Feb 10 10:45

German Jewish community angered as national anti-Semitism commission excludes Jews

Leading Jewish groups have slammed the German government for creating a new commission on anti-Semitism without including a single Jew.

Julius Schoeps from the Moses Mendelssohn Center for European-Jewish Studies on Tuesday called it "a unique scandal" that the Interior Ministry did not include any Jewish scientists or community leaders on the commission it created to fight anti-Semitism and support Jewish life in Germany.

Feb 10 10:38

Greece could seek Russian, US, Chinese cash if Germany blocks new deal

Greece warns that if informal EU leader Germany remains rigid on granting Athens a new deal, it will seek assistance elsewhere. The US, Russia and China are the possible candidates.

Feb 10 10:08

A Day of Reckoning for the Euro Has Arrived – 26 TRILLION in Currency Derivatives at Risk

26.45 trillion dollars in currency derivatives are directly tied to the value of the euro. Let that number sink in for a moment.

Feb 10 09:55

Is Soros Preparing A Color Revolution For Greece?

For those watching the developments from afar, the hope is that the spark in Greece will light the brushfire across Europe and the rest of the world that says “No!” to austerity and banker domination of national economies.

Yet, while the signs coming out of Greece may seem positive at first, there is an ominous cloud approaching – the cloud of George Soros and his color revolution apparatus.

Feb 10 07:31

Global Hegemony in the Guise of “Collective Defense”

Tony Cartalucci
Activist Post

Chief among the stated reasons the United States has decided to arbitrate the future of Ukraine for its citizens, is the grave danger Russia allegedly poses not only to Kiev, but to Europe and the rest of the world. This despite the fact that it was the US which facilitated violent protests that eventually overthrew the elected government of Ukraine in 2013-2014 in the first place, leading directly to the war now unfolding in the heart of Eastern Europe.

It was not long ago that another ambitious power cited Russia as a threat and invoked “collective defense” to justify what would become a contest between nations leaving tens of millions dead and entire countries in ruins...

Feb 10 07:26

BEX Alert - "Pew report: European Jews disappearing"

With rising anti-Semitism, spotlight has shone on whether Europe's Jews will stay or go. But actually, the Jewish population of Europe has been declining since World War II.

Pew report published Monday finds Jewish population in Europe is dwindling. Some Jewish leaders have been talking about a Jewish exodus from Europe in response to rising anti-Semitism and extremism.

But though events such as the increasing anti-Semitism during the summer's Gaza war and the deadly attack on a kosher supermarket in Paris last month have focused the world's attention on the issue, the truth is the Jewish population of Europe has been steadily declining since World War II, as a recent Pew report demonstrates.

The steepest drop, of course, was between 1939 and 1945, when 6 million Jews were killed in the Holocaust and the Jewish population went from 9.5 million to 3.8 million.

Feb 10 06:52

Breaking News - Egypt to join Russia-led Eurasian free trade zone

Russia and Egypt have agreed to create a free trade zone and a Russian industrial zone near the Suez Canal. President Sisi of Egypt announced the plan at a joint news conference with Russian President Vladimir Putin.

There was more than $4.5 billion of trade between Russia and Egypt in 2014, a more than 80 percent increase on the year before, said President Putin.

Feb 09 13:29

Greece's leaders stun Europe with escalating defiance

Greece’s finance minister Yanis Varoufakis has spelled out the negotiating strategy of the Syriza government with crystal clarity.

“Exit from the euro does not even enter into our plans, quite simply because the euro is fragile. It is like a house of cards. If you pull away the Greek card, they all come down,” he said.

“Do we really want Europe to break apart? Anybody who is tempted to think it possible to amputate Greece strategically from Europe should be careful. It is very dangerous. Who would be hit after us? Portugal? What would happen to Italy when it discovers that it is impossible to stay within the austerity straight-jacket?”

Feb 09 12:02

Kremlin: Don't Issue Ultimatums To Putin

The words come as the EU suspends new sanctions - including visa bans and asset freezes - to give peace efforts a chance.

Feb 09 09:24

EU widens sanctions against Moscow and Ukraine rebels, implementation delayed

The European Union has announced new sanctions against Russian officials and Ukrainian militias, but will postpone enforcing for a week, pending new peace talks in Minsk on Wednesday, according to French foreign minister Laurent Fabius.

"The principle of these sanctions remains but the implementation will depend on results on the ground. We will see by [next] Monday and see how the meeting in Minsk went," said French foreign minister Laurent Fabius.

The foreign ministers of the 28 European Union member states added five Russian citizens, TASS sources said. The ‘black list’ also reportedly includes 14 members of the eastern Ukrainian militia and nine organizations the EU considers responsible for the escalation of violence in Ukraine.

The four-way talks in the Belorussian capital between Russia, Ukraine, Germany and France are set to take place on Wednesday.

Webmaster's Commentary: 

Sanctions are most generally preludes to war.

Were I a betting woman, I would not bet on the coming Minsk Conference to offer any concrete solutions to the crisis at hand.

And why?!? It is simple: Poroshenko has been given his marching orders by Washington to accelerate the pain and devastation in the breakaway republics.

Additionally, Poroshenko refuses to bend in any way to federalize these republics which are looking for autonomy, and claims that they must fall under the complete sway of Ukrainian hegemony.

This is not a recipe for constructive negotiations; it is a recipe for utter disaster.

President Obama may think that there is a point past which Putin will not be goaded, and will feel he has to act against Ukraine.

But I understand that Putin is a master chess player, and may very well not give Obama the war he wants here.

Feb 09 08:52

Russia's Newest Military Base In Europe Will Be Just 40km From NATO Facilities In Cyprus

"We want to avoid further deterioration in relations between Russia and Europe," explained Cyprus' President Nicos Anastasiades upon reportedly signing an agreement to offer Russia military facilities on its soil (that we noted previously). The air force base at which Russian planes will use is about 40 kilometers from Britain's sovereign Air Force base at Akrotiri, on the south shores of Cyprus, which provides support to NATO operations in the Middle and Near East regions. As fault lines within the EU widen, Anastasiades said in his interview that Cyprus opposes additional sanctions against Russia by the European Union over Ukraine, "Cyprus and Russia enjoy traditionally good relations and that is not going to change."

Keep your friends close... and enemies closer?

Feb 09 07:46

Greece's Tsipras defiant over economic plans

Prime Minister Alexis Tsipras of Greece has said he is sticking to plans to roll back austerity and rejecting an international bailout extension.

Feb 09 07:36

"We are going to destroy the Greek oligarchy system"

Feb 09 07:35

Syriza Official Vows to Kill EU-US Trade Deal as 'Gift to All European People'

An official with Greece's newly elected Syriza party may have sounded the death knell for a proposed EU-U.S. trade deal that has faced a mountain of opposition from civil society.

The deal is the Transatlantic Trade and Investment Partnership (TTIP), now facing its eighth round of talks between negotiators this week in Brussels.

The TTIP, which would be the biggest trade deal ever, has been criticized as a corporate-friendly deal that threatens food and environmental safety under the guise of "harmonization" of regulations.

Georgios Katrougkalos, now deputy minister for administrative reform, confirmed what he had told EurActiv Greece ahead of his Syriza party's victory last week: that his parliament would not ratify the trade deal.

Feb 09 07:34

Yanis Varoufakis Sums Up Europe In One Sentence

"A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them."

Feb 09 07:19

Europe Fractures: France Pivots To Putin, Cyprus Offers Moscow Military Base, Germany-US Splinter On Ukraine

Following yesterday’s summary of the utter farce that the Minsk Summit/Ukraine “peace” deal talks have become, the various parties involved appear to be fracturing even faster today. The headlines are coming thick and fast but most prescient appears to be: Despite John Kerry’s denial of any split between Germany and US over arms deliveries to Ukraine, German Foreign Minister Steinmeier slammed Washington’s strategy for being “not just risky but counterproductive.” But perhaps most significantly is France’s continued apparent pivot towards Russia…

Feb 09 07:18

With 26 Trillion In Currency Derivatives At Risk, The Day Of Reckoning For The Euro Has Arrived

This is the month when the future of the eurozone will be decided. This week, Greek leaders will meet with European officials to discuss what comes next for Greece. The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout. Officials from other eurozone countries have already said that they expect Greece to fully honor the terms of the current agreement. So basically we are watching a giant game of financial “chicken” play out over in Europe, and a showdown is looming. Adding to the drama is the fact that the Greek government is rapidly running out of money. According to the Wall Street Journal, Greece is “on course to run out of money within weeks if it doesn’t gain access to additional funds, effectively daring Germany and its other European creditors to let it fail and stumble out of the euro.”

Webmaster's Commentary: 

Russia has rolled out the red carpet to Greece. The EU hard line may shove Greece down that path!

Feb 09 06:50

Greece’s other dispute with Germany

As Athens challenges Berlin on austerity measures, another longstanding conflict hangs in the background — that of World War II reparations

Feb 09 06:46

Lithuania Waging Psychological War in Calling Russia ‘Aggressor’

Russian Ambassador to Lithuania stated that Lithuania is waging a “psychological war” by calling Russia an aggressor and following the West in accusing Moscow of triggering the Ukrainian crisis.

Feb 09 06:46

Lithuania wants to supply weapons to Ukraine amid ongoing civil war

EU member Lithuania believes it should provide defensive arms to Kiev, the foreign minister told the media. The comments come after major EU powers like Germany and France objected to the idea of arming Ukraine.

Feb 09 06:42

'Russia's growing threat': After Ukraine, fears grow that Baltic states could be Vladimir Putin's next targets

The West must stand up to Russia over Ukraine or Europe could descend into a major war for the first time since 1945, diplomats warned today as efforts to negotiate peace hung by a thread.

As the German Chancellor, Angela Merkel, prepared to brief Barack Obama in Washington on Monday about the state of the negotiations, a former US ambassador to Ukraine predicted that Estonia and the other Baltic states – all members of Nato – could be Vladimir Putin’s next targets if he is allowed to hold on to territory won by force.

Webmaster's Commentary: 

Russia is not the aggressor here. The Unites States has admitted "brokering" and funding the coup that drove the elected government from Kiev a year ago, triggering this last twelve months of war. Russia has not done anything here. If Russia had really come across that border they would have been in Kiev in 48 hours. Shame on the Independent for parroting the US propaganda. I wonder if they will claim to have been shot down in a helicopter in Iraq next!

Feb 09 06:30

A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk

This is the month when the future of the eurozone will be decided. This week, Greek leaders will meet with European officials to discuss what comes next for Greece.

According to the Bank for International Settlements, 26.45 trillion dollars in currency derivatives are directly tied to the value of the euro.

Let that number sink in for a moment.

To give you some perspective, keep in mind that the U.S. government spends a total of less than 4 trillion dollars a year.

The entire U.S. national debt is just a bit above 18 trillion dollars.

So 26 trillion dollars is an amount of money that is almost unimaginable. And of course those are just the derivatives that are directly tied to the euro. Overall, the total global derivatives bubble is more than 700 trillion dollars in size.

Feb 08 16:30

Europe Fractures: France Pivots To Putin, Cyprus Offers Moscow Military Base, Germany-US Splinter On Ukraine

Following yesterday's summary of the utter farce that the Minsk Summit/Ukraine "peace" deal talks have become, the various parties involved appear to be fracturing even faster today. The headlines are coming thick and fast but most prescient appears to be: Despite John Kerry's denial of any split between Germany and US over arms deliveries to Ukraine, German Foreign Minister Steinmeier slammed Washington's strategy for being "not just risky but counterproductive." But perhaps most significantly is France's continued apparent pivot towards Russia...

Feb 08 14:41

Tsipras favours Greek jobless over creditors in defiant policy speech

The Greek prime minister, Alexis Tsipras, has announced his anti-austerity government programme in a defiant address that prioritised the jobless and destitute over international creditors who have lent the country more than $300bn (£200bn).

In his first policy speech before parliament, he said his government did not have the right to prolong the five-year bailout deal that has foisted austerity on Greece, and felt a duty “not to disappoint” those who had voted him into power.

“We see hope, dignity and pride returning to Greek citizens. Our obligation and duty is not to disappoint them,” he told the 300-seat house. “We realise that negotiations [with foreign lenders] won’t be easy … but we have faith in our struggle, because justice is on our side.”

Feb 08 10:50

Ukraine 'Peace' Talks In Tatters: Defiant Putin "Won't Tolerate Unipolar World"; Hollande Proposes "Strong Autonomy" For Rebel Region

Just as the existing 'truce' in Ukraine has been made a total farce as 1000s of military and civilians have been killed, so any 'hope' that this weekend's "peace efforts" will result in anything but more talk is rapidly diminishing... Germany's Merkel exclaimed honestly that it's "uncertain whether this will be successful," seemingly resigned to the fact as she added, "but it's at least worth making an attempt." French President Hollande admitted that Ukraine's eastern regions likely need "strong autonomy."

Feb 08 09:48

Remember Stalingrad: Russian Veterans Write Open Letter to Angela Merkel About NATO’s New War

Six Russian veterans of the Battle for Stalingrad have written an open letter to the German Chancellor Angela Merkel concerning NATO and Washington DC’s current drive to ramp-up a proxy war between The West and Russia which is cynically using the Ukraine as their 21st century battleground to gain geopolitical dominance over the Eurasian heartland.

Perhaps the biggest reservation of these veterans who survived what is arguably the largest fields of bloodshed in World War II, is the fact that the US and NATO nations are allied with Nazi political leadership in Kiev. This is a story which the western media consistently refuse to acknowledge.

Feb 08 09:38

Ukraine crisis exposes transatlantic rift

The escalating crisis in Ukraine has served as something of a stress test for transatlantic unity. It was evident again on the last day of the Munich Security Conference that there are big divisions among Western powers.

Feb 08 09:25

Is the West about to sell out Ukraine to Vladimir Putin?

As Angela Merkel and Francois Hollande fly to Russia, they will need to carefully gauge the psychology of a man who has brought Europe to the brink of war

Webmaster's Commentary: 

As usual, the Telegraph has it totally wrong. The man who has brought Europe to the edge of war is Barack Obama, whose administration has admitted "brokering" and funding to the tune of five billion dollars the coup that ousted Ukraine's elected government of Yanukovich and installed the Poroshenko Junta, triggering chaos in Ukraine. Merkel and Hollande are talking with Putin (without consulting the White House that started this mess) because France and Germany were major battlegrounds for the first two World Wars and understandably are reluctant to allow a third on their territory.

I wonder if the Telegraph will now claim to have been shot down in a helicopter in Iraq!

Feb 07 10:45

NATO Buildup Near Russian Borders Undermines Security - Lavrov

Russian Foreign Minister Sergei Lavrov reiterated Saturday that NATO military buildup near the Russian borders fuels up confrontation and undermines European security.

Lavrov met with NATO Secretary General Jens Stoltenberg on the sidelines of the Munich Security Conference to discuss the deterioration of relations between Russia and NATO in light of the Ukrainian crisis.

"NATO's course on strengthening its military potential and expanding its military presence and infrastructure on the alliance's 'eastern flank' as well as an increase in the number of exercises near the Russian borders creates additional tensions, provoke confrontation and undermine the whole system of Euro-Atlantic security," the Russian Foreign Ministry quoted Lavrov as saying.

Webmaster's Commentary: 

Mr. Lavrov, what you have stated is the inevitable outcome of such a buildup, and you are very right to express your concern.

Feb 07 10:40

NATO top commander in Europe says 'military option' possible in Ukraine

NATO’s commander in chief says the West should not rule out arming Ukraine. General Philip Breedlove said no troops would be sent to the region, but providing Kiev with weapons and equipment was on the cards.

Speaking to reporters at a security conference in Munich on Saturday, Breedlove said: “I don’t think we should preclude out of hand the possibility of the military option.”

His strong comments come as the US is considering sending weapons to help Kiev in its fight against anti-government militias.

Webmaster's Commentary: 

Forgive me, but has this man gone absolutely foaming at the mouth mad, to make such a statement, in public?!?

Is he blissfully unaware that publicly arming Ukraine will be tantamount to declaring a European and US war against Russia: am I the only person out there to see this as complete madness?!?

Feb 07 10:30

Swiss National Bank Hints At Capital Controls

Even as the whispers that the imposition of capital controls by Greece, which is now running out of both time, negotiating leverage and tax money is just a matter of time, get louder with every passing day if not acknowledged by Greek officials yet, it was none other than one of the supposedly most "rock-solid" central banks in the world that fired a shot across the bow of global financial stability when it hinted that not Greece but another country may be the first to engage in capital controls. The country: Switzerland.

Webmaster's Commentary: 

IF true, the implications for the financial markets are staggering.

Feb 07 09:11

Europe And U.S. Clash Over How To Confront Putin On Ukraine

Germany's Angela Merkel warned on Saturday that sending arms to help Ukraine fight pro-Russian separatists would not solve the crisis there, drawing a sharp rebuke from a leading U.S. senator who accused Berlin of turning its back on an ally in distress.

The heated exchange at a security conference in Munich pointed to the fragility of the transatlantic consensus on how to confront Russian President Vladimir Putin over a deepening conflict in eastern Ukraine that has killed more than 5,000.

Russian Foreign Minister Sergei Lavrov, also in Munich, said there were "good grounds for optimism" that the talks between Merkel, Putin and Hollande could yield a deal.

But Lavrov also delivered a diatribe against the West. He accused Europe and the United States of supporting a "coup d'etat" against deposed Ukrainian leader Viktor Yanukovich, a Moscow ally, a year ago and turning a blind eye to nationalists he said were intent on ethnic cleansing in eastern Ukraine.

Webmaster's Commentary: 

A short memo to the editorial board of Reuters: congratulations!!

Because having published this this article, without ever fact checking, thinking the "big lie" was going to go down easily with thinking Americans, you have well and truly flushed any small thread of public credibility you ever had in the 21st century.

You might think about hiring Brian Williams.

Lavrov is completely right in his assessment of the US's complicity in the coup d'etat which brought down the duly elected (albeit crooked as a dog's hind leg) leader Viktor Yanukovich. Obama and Victoria Nuland have publicly admitted so.

As reported at infowars.com:

Obama’s candid admission should not come as a surprise following the release of a surreptitiously recorded conversation between Victoria Nuland, the US-Assistant Secretary of State for European and Eurasian Affairs, and Geoffrey R. Pyatt, the US Ambassador to Ukraine. The conversation centered on ousting Ukrainian president Viktor Yanukovych and replacing him with one of several hand-picked State Department choices. Nuland instructed Pyatt to “have the UN glue this thing” and then dismissively added “fuck the EU” for its role negotiating the crisis. The U.S. orchestrated “transition,” as Obama characterized it, resulted in the appointment of fascists to key positions in the Kiev government and led to the current war in eastern Ukraine launched by Petro Poroshenko, the former confectionary magnate turned Ukrainian president. Poroshenko’s war on those who do not accept the nationalist government in Kiev has thus far killed more than 5,000 people, although unofficial tallies are far higher. In the not too distant past, the U.S. government attempted to hide its involvement in coups and the removal of democratically elected leaders. It relied primarily on the CIA to foment coups and counter-revolutions. However, since the advent of NGO and foundation spawned “color revolutions” attributed to the people of target countries, while in actuality orchestrated by USAID and the National Endowment for Democracy, the U.S. government has admitted its role in overturning governments.

Also, as reported at informationclearinghouse.info:

US Assistant Secretary of State for Europe, Nuland said: “Since the declaration of Ukrainian independence in 1991, the United States supported the Ukrainians in the development of democratic institutions and skills in promoting civil society and a good form of government - all that is necessary to achieve the objectives of Ukraine’s European. We have invested more than 5 billion dollars to help Ukraine to achieve these and other goals. ” Nuland said the United States will continue to “promote Ukraine to the future it deserves.”

Since when, ladies and gentlemen of Reuters, do you characterize telling the hard truth, which Lavrov did, as having "delivered a diatribe against the West"?!?

The facts on the ground, in the face of these two interviews, are incontrovertible.

OF course, NO ONE, apparently, at Reuters was actally going to do the real fact checking legitimate journalism deserves; it was simply too time consuming, too...professional to get one's hands dirty doing.

And that comment about Russia having "annexed" Crimea?!?!?

This is a bald-faced lie, and you know it. And it is apparent that whoever threw this verbal vomit together has absolutely no understanding of history.

When the legitimate Ukrainian leadership of Yanukovic was cut short, Crimea requested to become part of the Russian Federation. Crimea had been historically Russian, until it was, itself, annexed by Kruschev, himself a native Ukrainian, in the mid-50s.

This Crimean referendum was characterized by international observers as free and fair; one can hardly say that about the election of Poroshenko in the Ukraine.

And if I know this, as just an average American, then milllions more of us Americans understand this as well.

Feb 07 08:25

Biden says Europeans questioning Russia sanctions 'inappropriate, annoying' – Spiegel

US Vice President Joe Biden has called on European countries to show unity when it comes to sanctions against Russia, labeling the dissenting voices “inappropriate and annoying”, reported ‘Der Spiegel’, quoting the participants of the Brussels meeting.

Webmaster's Commentary: 

Looks like Europe wants the US to start World War 3 on someone else's territory!

Feb 06 14:46

Joe Biden: Russia 'Cannot Be Allowed to Redraw the Map of Europe'

Vice President Joe Biden warned Friday that Russia "cannot be allowed to redraw the map of Europe" and that Ukraine was suffering a "military onslaught" from Moscow.

Feb 06 13:42

Greece Exposes The Global Economy’s Achilles Heel

The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable: they’ve dared to speak the truth.

Feb 06 13:03

Putin needs to ask Merkel and Hollande two questions

Angela Merkel and Francois Hollande are flying to Moscow after meeting Ukrainian President Petro Poroshenko in Kiev. In Moscow, the German Chancellor and the French President intend to discuss a new plan for the regulation of the Ukrainian conflict. The new plan is said to be a considerable addition to the Minsk Agreements. The plan supposedly suggests maintaining Ukraine's integrity providing greater autonomy to the Donbass. In the West, policy-makers strongly emphasize that this is the last chance to return to peace. According to them, President Putin will have nothing to do but to accept the new plan. Yet, the real state of affairs suggests otherwise.

Obama remains in an agony of doubt

Feb 06 12:41

Can another world war be avoided?

Is there anything ordinary civilians can do to avoid war? What power or influence does the average citizen of a modern "Western democracy" really have?

Feb 06 12:40

A Game of Chicken

Basically, the current situation may be summarized with the following dialogue:

Germany to Greece: Nice banking system you got there. Be a shame if something were to happen to it.

Greece to Germany: Oh, yeah? Well, we’d hate to see your nice, shiny European Union get all banged up.

Feb 06 11:12

Creditors urge Cyprus to put foreclosure laws in gear

Cyprus (AP) — International creditors urged Cypriot authorities to keep their word and push through crucial foreclosure laws as Cyprus' finance minister insisted that the rescue program is bringing the country back to financial health.

Feb 06 08:04

Calls grow to arm Ukraine, as European leaders scramble for last-ditch peace plan

European leaders scrambled Thursday to try and forge a diplomatic deal to end fighting in eastern Ukraine, in an apparent bid to head off U.S. consideration of lethal military aid for the Ukrainian government in its war against Russian-backed separatists.

Feb 06 07:46

President Hollande Opposes Ukraine’s NATO Membership

France does not support the idea of Ukraine joining NATO, French President Francois Hollande said Thursday.

“For France, Ukraine’s NATO membership would be undesirable,” Hollande told reporters.

Webmaster's Commentary: 

Yep, Europe is bailing on the idea of a new World War fought in their front yards!

Feb 06 07:05

European defence ministers oppose sending weapons to Ukraine

European defence ministers spoke out on Thursday against sending weapons to the Ukrainian army, pointing to a potential transatlantic split if Washington decides to supply arms.

Feb 06 06:57

Syriza Official Vows to Kill EU-US Trade Deal as 'Gift to All European People'

An official with Greece's newly elected Syriza party may have sounded the death knell for a proposed EU-U.S. trade deal that has faced a mountain of opposition from civil society.

The deal is the Transatlantic Trade and Investment Partnership (TTIP), now facing its eighth round of talks between negotiators this week in Brussels.

The TTIP, which would be the biggest trade deal ever, has been criticized as a corporate-friendly deal that threatens food and environmental safety under the guise of "harmonization" of regulations.

Georgios Katrougkalos, now deputy minister for administrative reform, confirmed what he had told EurActiv Greece ahead of his Syriza party's victory last week: that his parliament would not ratify the trade deal.

Webmaster's Commentary: 

Paul Craig Roberts is right; at this rate we can expect outright attacks on the Syriza government.

Feb 06 06:20

‘EU will do anything to keep Greece in’

European leaders are desperately keen to keep the Greeks in the EU and they will do anything they can to persuade the Tsipras government to stay – but sooner or later, ‘Grexit’ is inevitable, David Coburn, UKIP MEP, told RT.

Webmaster's Commentary: 

"Anything" could include arranging a Kiev-esque coup, or as Paul Craig Roberts warns, the assassination of Greece's new government.

Feb 06 06:04

Shunned Greece Agrees To Boost Economic Cooperation With Russia

It's been an odd few days for Greece's new PM Alexis Tsipras. From being lambasted by Jeroen Dijsselbloem, shunned by Angela Merkel's henchmen, holding hands with Jean-Claude Juncker, and losing a key funding channel from Mario Draghi; Tsipras' anti-austerity platform has been 'supported' by Barack Obama and he has been invited for a visit to Russia by Vladimir Putin, and reminded that Russia is willing (and able) to provide financial aid if asked by finance minister Anton Siluanov. So headlines this evening from ekathimerini should not be entirely surprising that Putin and Tsipras have agreed to boost cooperation in the economy and energy, tourism, culture and transport sectors; and discussed the possible creation of a pipeline to carry natural gas from Russia to Europe via Turkey and Greece.

Feb 05 12:22

Greece: The Big Picture Update, And Why Deutsche Bank Thinks Europe Will Fold

The Greek situation summaries Greece by Deutsche Bank's George Saravelos have consistently been among the best in the entire sellside. His latest Greek update, which is a must read for anyone who hasn't been following the fluid developments out of southeast Europe, which fluctuate not on an hourly but on a minute basis, does not disappoint.

Feb 05 12:21

Thousands Of Anti-ECB Protesters Gather In Athens In "First Greek Pro-Government Rally" - Live Feed

In what is being described as "the first Greek pro-government rally", thousands of people have gathered outside Greek Parliament in the infamous Syntagma Square to protest against a decision by the European Central Bank to restrict the eligibility of Greek bonds used as collateral from Feb. 11, rather than at the end of February. “ECB Chief Draghi chose to play Merkel’s game again and to blackmail the Greek people and the new Greek government,” is one of the charges being aired on the pro-SYRIZA quarters of cyberspace.

Feb 05 12:20

Whispers Of Greek Capital Controls Begin

That didn't take long: just hours after Greece entered the ECB countdown mode, with now just 23 days until midnight on February 28, when the ECB is set to yank the final pillar of liquidity support, the ELA - as it has warned before - it is time to start contemplating Plan B, or rather plan Z. A plan, which as described by Nordea's analyst Jan von Gerich, would be quite unpleasant for that nearly extinct class of Greeks, bank depositors, because the "plan", or rather blueprint, is a well-known one: capital controls.

Feb 05 12:06

Kerry: US Won't 'Close Eyes' to Russian Aggression in Ukraine

U.S. Secretary of State John Kerry said the United States, while seeking a diplomatic solution to the conflict in eastern Ukraine, would not "close our eyes" to Russian tanks and fighters crossing the border.

Kerry said he and Ukraine President Petro Poroshenko discussed issues including Russia's continued aggression during a meeting Thursday.

Feb 05 12:05

Ukraine crisis: Angela Merkel and Francois Hollande to fly to Russia

The leaders of Germany and France fly to Kiev and Moscow with new Ukraine peace plan as Nato bolsters eastern Europe against Russia and EU agrees new sanctions. Follow the latest developments

Webmaster's Commentary: 

Merkel cancels her visit to Obama and rejects arming Ukraine flat-out. Now she and Hollande are on their way to talk with Putin about a Ukraine peace plan. Sounds to me like Europe is getting cold feet about a new World War fought in their front yards!

Feb 05 11:57

Top NATO general warns of Russian reaction to arming Ukraine

The top NATO commander warned Thursday that any move to provide Ukraine with lethal defensive weapons must take into account any possible angry reaction from Russia.

Webmaster's Commentary: 

"But that's what we WANT to happen!!" -- Official White Horse Souse

Feb 05 11:55

NATO Meeting in Brussels Heightens Danger of War with Russia

NATO defense ministers are meeting in Brussels today to consolidate the military alliance against Russia, increasing the risk of a direct military confrontation between nuclear-armed powers.

Feb 05 10:41

U.S. Pushes For War In Europe

It is pretty obvious that significant forces in Washington push for a big war in Europe, cold at least but hot if possible. European countries, aside from some small U.S. puppets, are well aware that they would be hit hard in such a war, and do not want it.

The U.S. wants to deliver additional weapons to Ukraine and to thereby goad Russia into such a wider war. The arguments made that such weapon delivers would somehow restrict Russia are just stupid and only hide the real plans: Escalation until Europe is (again) up in flames.

Should the U.S. win in its drive to escalate the situation by delivering more weapons to Kiev Russia will not cave in. History suggest that a Ukraine under NATO at its border is a deadly danger. Russia must and will take countermeasures. The U.S. will then cite those countermeasures as signs of "further aggression" and as justification for another round of escalation. A few more rounds of such and Europe will be up in flames.

Webmaster's Commentary: 

As an American who does love her country very much, but is seriously concerned about the directions its (alleged) leadership is taking it, I almost feel like writing Putin a letter of apology, stating, very explicitly, that it appears that the US Federal Government has, collectively, lost its mind.

Additionally, it is lying about the situations which drove Crimea to ask to become part of the Russian Federation; Russia did not "annex" Crimea. Crimea had been a part of Russia until the mid 1950's when Khrushchev, a native of Ukraine, annexed it to Ukraine. When Urkaine's former president, Victor Yanukovych was dumped in a US/ECB/ western-centric putsch, the people of Crimea realized that there was no legitimate leadership in Kiev.

And that is when they had the referendum, in what was characterized by observers as a free and fair election, to ask to join the Russian Federation.

Russia has done absolutely nothing wrong here, folks.

I keep going back to the statement the Moriarty character makes in the 2nd Sherlock Homes movie, featuring Morton Downey Jr. I am paraphrasing here, but it is something to the effect of knowing that war is coming, and the Moriarty character wants to have the lock on bullets and bandaids.

That is no less true today, from the companies which will make insanely extensive profits from their participation in the coming wars, be they in the Middle East, or in Ukraine.

Feb 05 08:56

Paul Craig Roberts – The New Greek Government May Be Assassinated

Today Dr. Paul Craig Roberts stunned King World News when he said that the new Greek government may be assassinated because the stakes are so high. The former U.S. Treasury official takes KWN readers on a terrifying trip down the rabbit hole of government lies and assassinations, where the stakes are high and governments play for keeps.

Feb 05 08:32

President Of Euro Parliament Warns Greece Risks National Bankruptcy; Varoufakis Replies: "Greece Already Is Bankrupt"

As Reuters reports, the new Greek government must uphold its commitments to European partners and risks national bankruptcy if it does not, European parliament President Martin Schulz said in a newspaper interview...

"If Greece unilaterally changes the agreements, the other side is no longer obliged to stick to them," he said in an advance extract of an interview due to be published in business daily Handelsblatt on Thursday.

"Then no more money will go to Greece and the state won't be able to finance itself," Schulz was quoted as saying.

Webmaster's Commentary: 

This will put more pressure on Greece to leave the EU and merge with Russia.

Feb 05 08:31

ECB Revokes Greek Bonds as Collateral; ECB vs. Novices; Brass Knuckles

In a nutshell, the ECB unexpectedly and suddenly canceled acceptance of Greek bonds as collateral for liquidity funding unless Greece honors the existing deal.

Webmaster's Commentary: 

This will backfire. Greece will likely leave the EU and merge with Russia.

Feb 05 08:01

How a war criminal can veto aid to Gaza

Has an Israeli war criminal been given a veto on what aid may enter Gaza?

Earlier this week, I wrote about how Yoav Mordechai, a major-general who took part in the 2009 attack against Gaza, had been invited to the European Parliament. Following complaints by Palestine solidarity activists and some of the parliament’s own members, Mordechai’s scheduled appearance was cancelled at the last minute yesterday.

He did, however, meet representatives of the European Union’s 28 governments.

It is both grotesque and logical for these diplomats to host Mordechai.

Feb 05 08:01

Dozens of European parliamentarians call for end to EU-Israel treaty

A group of sixty-three members of the European Parliament (MEPs) from across the five biggest political blocs in the parliament have called on European Union foreign policy chief Federica Mogherini to suspend the EU-Israel “association agreement.”

The association agreement facilitates largely unrestricted trade between the EU and Israel, allowing Israel to participate in a wide range of the EU’s programs. It also permits Israeli arms companies to receive EU funding.

The MEPs argue that allowing the agreement to stay in place despite Israel’s recent massacre of Palestinians in Gaza “sends Israel the message that its violations of basic principles of human rights will be tolerated.”

Feb 05 07:47

Former US Diplomat: US Is Arming Kiev to Force "EU Wimps" into Confrontation with Russia

US arming Ukraine is very likely. When you see a policy discussion report in The New York Times, experience shows the policy is already being conducted covertly and this is just a way to bringing into public view a program that's already been initiated (NATO shell rounds are already detected in Gorlovka, Ukraine).

Nobody in Washington imagines with the best of support Kiev forces will be able to win this militarily.

Arming of Ukraine is primarily directed against Europeans. Since there is more and more dissension in European ranks from the US' confrontational policy the only way to scare the EU wimps back into a more confrontational position is to turn up the heat and the chaos. (Chief of US Army in the Europe is already awarding medals to crippled Ukrainian soldiers).

Feb 05 07:42

The video European leaders don't want you to see

Just last week, a new leak on the world’s dirtiest trade deal emerged that confirmed our worst fears about TTIP. The deal gives big business unprecedented power over decision-making across Europe. And the losers will be us - European citizens.

Feb 04 13:49

‘Austerity is a mass experiment in human despair’

UK Chancellor George Osborne’s policy of austerity bred ruin and went to destroy the fabric of Greek society, John Wight, writer and political commentator, told RT. Mr. Osborne should respect the democratic wishes of the Greek people, he added.

Webmaster's Commentary: 

"Screw Democracy; we're talking MONEY!!!" -- The ECB/IMF/FED/WB/BIS

Feb 04 11:59

German Chancellor Rules Out Weapons Aid to Ukraine

Chancellor Angela Merkel on Monday ruled out any German supply of weapons to Ukraine, but emphasized that Europe must stay united against Russian aggression.

Webmaster's Commentary: 

So, while trying not to offend the US war party, Merkel is saying Germany doesn't want yet another World War fought on their front lawns. Twice is enough, thankyouverymuch. Go find somewhere else to play! This means that arming Ukraine will be seen as a unilateral move on the part of the US, forever affixing blame for starting WW3.

Feb 04 10:28

Syriza Needs Alliance Against German "Beggar Thy Neighbor" Policies

Economist Heiner Flassbeck tells Paul Jay that Germany has violated EU agreements and Syriza should focus on creating an alliance with Italy, Spain and France to oppose policies that are driving Europe into a deeper recession

Feb 04 09:58

NATO confirms plans to open training center in Georgia

The alliance also plans to hold military drills in Georgia starting this year, its spokesman told a news briefing ahead of NATO defense ministers meeting in Brussels on February 5.

The issue would be discussed at a session of the NATO-Georgia Commission, due to be held in the Belgian capital during the defense ministers’ meeting, the spokesman said.

He added that the alliance also planned to hold military drills in Georgia starting this year.

"NATO will hold exercises in Georgia this year," he said. "We will hold periodic military exercises in Georgia as part of our cooperation with that country next year."

Webmaster's Commentary: 

JUST what the world needs right now; another NATO base cozily close to Russia's border!

IF NATO is not playing picador with Russia right now, I don't know who is.

Feb 04 09:04

History In the Balance: Why Greece Must Repudiate Its “Banker Bailout” Debts And Exit The Euro

Now and again history reaches an inflection point. Statesman and mere politicians, as the case may be, find themselves confronted with fraught circumstances and stark choices. February 2015 is one such moment.

For its part, Greece stands at a fork in the road. Syriza can move aggressively to recover Greece’s democratic sovereignty or it can desperately cling to the faltering currency and financial machinery of the Euro zone. But it can’t do both.

Feb 04 08:36

Germany's worst nightmare has come true

It’s Germany’s worst nightmare. Increasingly isolated, ganged up on, and even hated by much of southern Europe, it is fast losing the argument over the future of the euro.

Even the Governor of the Bank of England, Mark Carney, has been at it. This week he joined in the German bashing with a full-frontal attack on Berlin’s austerity agenda. And it’s causing confusion, dismay and resentment in equal measure in this most stable, disciplined and civilised of nations.

Feb 04 06:55

Greece – Back From the Brink?

We recently pointed out in an article – "Grexit: The Footsteps Grow Louder ... Could the EU Blow Apart?" – that Germans might be very unhappy with a rescheduling of Greek debt. But that looks like what is happening.

The proximate mechanism is a proposal by Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis to "repay all the €315 billion old debt, but [as] growth-linked bonds that would pay their way only as the economy recovered."

Feb 03 16:44

Are These Guys Clinically Insane? No, They're From Wall Street

What can have made Barack Obama declare he's thinking of pulling Ukraine de facto into NATO and arming Kiev for war against Russia? And suicidally putting U.S. arms and military personnel into six other countries on Russia's border, under NATO Article 5 as he said, which requires the United States to defend those countries as if itself.

Does Obama think he's going to provoke a war and win it, against Russia, with a NATO "forward brigade"?

Feb 03 12:50

S&P Downgrades Numerous European Banks, Warns Deutsche Bank May Be Next

Just hours after apparently settling its suit with the USA (not at all retaliation for downgrading them), S&P has taken the big red marker out on a slew of European banks:

Downgrades: Credit Suisse, Barclays, Lloyds, Bank of Scotland, RBS, HSBC, and Ulster Bank
On Watch Negative: Raiffeisen Zentralbank, MBank, Unicredit, Commerzbank, and Deutsche Bank

Feb 03 08:24

New Greek finance minister accused of anti-Semitism

The new finance minister of Greece has been accused of harboring anti-Semitic views and expressing empathy for Palestinian suicide bombers.

Webmaster's Commentary: 

Hub-O-terror, anti-semitism... I wonder how long before they claim Greece was behind 9-11!!!!!

Feb 03 07:20

Key US role in Ukraine crisis portrays Europe as ‘passive participant’

President Obama’s declaration that the US “brokered a deal to transition power in Ukraine” shows Europe as a passive actor and doesn’t reflect well on its image, Chairman of Russia’s upper house Committee for Foreign Affairs Konstantin Kosachev told RT.

Feb 03 07:20

Debt of Six Eurozone Countries Exceeds 100% of GDP, Two More Coming in 2015 (France and Spain)

In 2014 there were six eurozone countries whose debt-to-GDP ratio went over the 100% threshold. Two additional countries will pass that barrier in 2015.

The Maastricht Treaty on which the euro was founded was designed to keep "sound fiscal policies", with debt limited to 60% of GDP (not 100%), and annual deficits no greater than 3% of GDP."

Every country in the eurozone, including Germany, has been in violation of those rules.

Feb 02 16:33

Anti-austerity anger sweeps from Greece to Spain as hundreds of thousands march through Madrid in support of fledgling radical leftist party

Hundreds of thousands of people marched through Madrid today in a show of strength by a fledgling radical leftist party, as it becomes the latest European political organisation to gain widespread support for its anti-austerity stance.

Podemos (‘We Can’) supporters from across Spain converged around the Cibeles fountain today before packing the avenue leading to Puerta del Sol square in what was the party’s largest rally to date, as it hopes to emulate the success of Greece’s Syriza party in the Spanish general election later this year.

Feb 02 14:31

Italian police arrest 28 in drug ring linked to Berlusconi's former aide

A total of 28 people have been arrested in Italy as part of a drug investigation involving a woman who shortly served as an aide to former prime minister Silvio Berlusconi, local reports said on Thursday.

Police detained various drug smugglers across central and southern Italy, including a policeman on duty at Rome's Fiumicino International Airport and some cleaning staff at the same airport.

Assets worth around 4 million euros (4.5 million U.S. dollars) were also seized in relation to the operation.

Feb 02 14:05

David Blanchflower: Young people are suffering from austerity in the UK as well as in Greece

Enough is enough. At some point the Greek people were bound to say they were done with austerity, and last week they stood up and said we need some hope. It was time to get out of their Great Depression. What else could they do? Austerity, according to the European Commission/European Central Bank/International Monetary Fund “Troika”, was supposed to lead to the sunlit uplands. Always a pipe dream.

Overly tight fiscal and monetary policy was inevitably going to crush the Greek economy, and so it did. Austerity resulted in a drop in GDP since the start of the crisis of 28.8 per cent. Greece has a health crisis, with HIV rates up 700 per cent. Malaria has returned for the first time in 40 years, and there is widespread malnutrition. The Greek healthcare system is collapsing as a result of spending cuts, and children are not being vaccinated. Reductions in pay have resulted in thousands of doctors leaving for the UK, Germany and Scandinavia.

Feb 02 14:01

What the ECB is doing to Greek banks is outrageous

The European Central Bank (ECB) is threatening to withdraw emergency funding from Greek banks if the Greek government doesn't do what it wants.

The central bank's actions toward Greece occur less than two months after secret letters revealed that the ECB threatened to pull emergency funding from Irish banks if the state did not apply for a bailout, in what many saw as an overreach into the sovereign affairs of the country. The ECB later pretended that Ireland had applied for its bailout voluntarily. The letters revealed that in fact the ECB had required the Irish government to apply.

Feb 02 13:27

Obama Asks US for $168Mln to Counter Russia in Ukraine, Moldova, Georgia

Barack Obama requested nearly $170 million to respond to alleged Russian interference in Ukraine, Georgia and Moldova in his 2016 budget proposal submitted on Monday, budget proposal also includes $789 million to continue and expand US military presence in Europe.

Feb 02 09:33

Ukraine "Truce"? Tanks Are Rolling In Poland As NATO Plans Permanent Eastern European Bases

With Ukraine, Germany, and France all expressing their concern this morning about "conflict escalation" between pro-Russian separatists and the Ukraine military, the so-called "truce" appears to be hanging by a thread of semanticism (despite OSCE's please for respect of the cease-fire and the demarcation line). Today's triple whammy of 'escalation' appears more focused on the non-Russian side as first, France begins sending tanks into Poland; second, Ukraine shifts its tanks to the front-line; and third - and potentially most inflammatory for Putin - NATO has confirmed plans to create permanent command centers in Eastern Europe. Putin has not responded yet but reports of 'nuclear bombers' flying above the English Channel "with transponders turned off," suggests the sabre rattling continues.

Feb 02 09:32

Europe Fractures: France "Prepared To Support Greece" In Debt Renegotiations

Despite Angela Merkel's insistence on numerous occasions this past week that there will be "no debt renegotiations," it appears a schism at the core of Europe is opening. As France24 reports, following a meeting between France's finance minister Michel Sapin and Greece's finance minister Yanis Varoufakis, the press conference had a considerably more amicable tone that Friday's Dijsselbloem dissing. "France is more than prepared to support Greece," Sapin said adding that Greece’s efforts to renegotiate were "legitimate."

Feb 02 09:31

'Chance for a new start': Croatia writes off debts of 60,000 poorest citizens

Croatian government have gotten creditors on board a plan to erase the debts of some 60,000 poorest citizens. The “fresh start” scheme targets less than 1 percent of the entire debt, but is hoped to boost the economy in the long-term.

The unorthodox measure was voted for by the government on January 15 and comes into force on Monday. To be eligible to participate debtors must have no savings or property, have a debt no greater than about $5,100 and live on welfare or an income of no higher than $138 per month.

Webmaster's Commentary: 

This is a token gesture. In all probability the debts could never have been repaid, and this is a segment of society unlikely to start new businesses to move the economy.

The plan would actually have merit were the debts of the middile class erased.

Feb 01 09:44

Syriza Won by Being the Opposite of Occupy Anarchists

Webmaster's Commentary: 

INN World Report audio interview

Feb 01 09:02

FLASHBACK - Hungary Kills The Rothschild Banks: Ordered To Vacate Country.

The Banking Cabal Invented State Zionism (State Of Israel) Usurping Judaism's (Jew) Non-State Identity.

Just As They Invented Communism, Marxism, Fascism, Nationalism, Socialism, Usurping Other Nation State Identities For Economic Upheaval So As To Institute Centralization Of Money To Their Banks. End Of NWO Story!

Jan 31 15:56

Greece says it will not negotiate with EU-IMF creditors

New finance minister says Athens instead wants direct talks with eurozone leaders to try to cancel some of its debts.

Jan 31 15:54

Podemos Anti-Austerity Party on the Rise, Thousands Protest in Madrid

Following the victory of radical left-wing Syriza party in Greece, thousands of people gathered in Madrid in an anti-governmental rally organized by the Spanish anti-austerity left-wing party Podemos.

Jan 31 10:01

Greece Is Now a Russia Sanctions Veto. Merkel Is Foaming at the Mouth

Two days ago, Zero Hedge first, and shortly thereafter everyone else, pointed out something stunning: the biggest surprise to emerge so far out of the new anti-Troika/austerity Greek government was not so much its intention to proceed with the first test of "Odious Debt" - this was largely known in advance - but its dramatic pivot away from Germany and Europe, and toward Russia.

As we noted before, not only has Greece already blocked all ongoing privatization processes, a clear snub of Merkel and the Troika which demands the piecemeal blue light special sale of Greece to western buyers as part of the "bailout", but is also looking at plans to reinstate public sector employees and announce increased pensions for those on low incomes: further clear breaches of the Troika's austerity terms.

Jan 31 09:50

EU wins Greek backing to extend Russia sanctions, delays decision on new steps

European Union foreign ministers extended existing sanctions against Russia on Thursday, holding off on tighter economic measures for now but winning the support of the new left-leaning government of Greece, whose position had been in doubt.

Webmaster's Commentary: 

So, Greece compromised by going along with the current sanctions, but succeeded in blocking any new sanctions. This may have all happened while Greece was still hoping for concessions from the ECB, which did not happen. And with Russia now offering Greece a bailout on much better terms than the EU, it looks like the stage is set for Greece to leave the EU.

Jan 30 12:42

President of the Czech Republic against sanctions and visas with Russia

The President of the Czech Republic miloš Zeman opposes sanctions and any other isolation of Russia. He told this in an interview to ITAR-TASS.

“I don’t see any reason why you need to isolate the Russian Federation from the European Union, why talk about sanctions, blockade, embargo.. Isolation yet in neither case did not lead us to success, but led only to the fact that there was no understanding, no mutual trust. And it’s bad,” he said.

In addition, the head of the Czech Republic voted for the abolition of visas for Russian citizens, calling them “excessive, unnecessary obstacles”.

Jan 30 12:04

U.S. Army Trains For New War In Europe

More than 2,000 participants from Canada, Hungary, the Netherlands, the United Kingdom and the United States are participating in the exercise through Jan. 31.

Allied Spirit I is designed to provide multinational interoperability training at brigade and battalion levels to enhance U.S. and alliance effectiveness.

Perkins had the opportunity to elaborate on this idea and discuss the Army’s new operating concept in a question and answer session with the staff and observer coach trainers of the Joint Multinational Readiness Center, which is headquartered at Hohenfels.

Webmaster's Commentary: 

After two World Wars, you would think Europe would prefer the third one take place somewhere else!

Jan 30 11:52

As "Islamic state" funneling militants in Europe?

People under thirty years with a short beard states that "Islamic state" sends his soldiers to Europe as refugees, and said that already forwarded two groups. According to him, the militants are floating in small groups on cargo ships, crowded with thousands of refugees. The main goal of the jihadists - the organization of terrorist attacks in Western countries, which should be a response to the US-led coalition air strikes on militant positions. "If someone attacks me, - he says - I will give him back."

Even before the air campaign by Western governments feared that "Islamic state" will be able to find a way to smuggle experienced fighters in European countries. Smuggler, to communicate with BuzzFeed - the first members of the group, who agreed to discuss this topic with journalists. He talks about the details of the scheme, made possible by the worst humanitarian crisis of our day, forcing 3.8 million Syrians to flee the country, with 1.5 million of them - in Turkey.

Jan 30 10:57

Webster Tarpley: An examination of how Syriza won in Greece

In this interview, Dr. Webster Griffin Tarpley explains the demands and policy routes Syriza chose. He examines the need for mass-traction economic demands, principled alliances and a rejection of wedge issues; immigration etc.

Their victory has shocked the ruling class in the UK, and led to an incredibly disingenuous and dangerous propaganda campaign trying to frame Greece as a hub for terrorists.

Jan 30 10:49

The Country That Refuses to Bow Down to Western Bankers

The powers that be are getting nervous as other countries consider following Greece's lead.

Jan 30 09:52

International alliance of democratic forces opposing the Euro

The groups already involved at that time coming from France, Spain and Austria were again present. Only the Greek participants could not come for obvious reasons but pledged to continue their participation. (See the Assisi call with the detailed names of the groups involved. ) The Finnish Independence Party joined in.

Jan 30 09:08

Tsipras dons the feared keffiyeh at Gaza protest

No doubt another reason why Israelis fear Syriza so much. Tsipras has the nerve to wear the fearsome Palestinian scarf that strikes terror in the hearts of every Israeli. Can you imagine the uproar in Israel had he actually done something to help Palestinians?

Jan 30 08:22

Council Clamps Down: PACE votes to extend Russian Diplomatic Sanctions

Russia has been stripped of its voting rights in the Parliamentary Assembly of the Council of Europe (PACE) until at least April, following a vote on the country’s credentials in Strasbourg, effectively continuing the diplomatic sanctions that were already in place.

Jan 30 08:09

Bank of England chief 'delusional' to claim UK escaped debt trap - economist

Mark Carney’s claim that Britain has escaped a “debt trap” common to Eurozone states has been dismissed by UK economist Michael Burke as “delusional.” Burke says Britain's debt has merely been transferred from private firms to UK homeowners.

Webmaster's Commentary: 

When all the currency is loaned into circulation at interest, there is no escape possible from the debt trap. Britain should remember that the United States fought a revolution against Britain to break free of the Bank of England's predatory practices.

"The refusal of King George 3rd to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators, was probably the prime cause of the revolution." -- Benjamin Franklin

Jan 30 08:06

EU to Greece: ‘No question of cancelling debt’

"There is no question of cancelling the Greek debt. Other eurozone countries will not accept this," said Juncker Wednesday as quoted by Le Figaro. He added that Brussels is open to dialogue and didn’t want to threaten Greece.

The Greek government was forced to implement austerity measures in exchange for a €317 billion bailout from the troika of creditors of the ECB, IMF and the EU.

Webmaster's Commentary: 

Half of Greece's debt was created through fraud between former Greek President Papandreou and Goldman Sachs. The goal of the fraud was to conceal Greece's debt through currency swaps, but the plan actually doubled Greece's debt (and made a fortune for Goldman Sachs). The Troika would have been well advised to consider that portion of the debt odious and drop it. But their greed in demanding the Greek people pay for Papandreou's fraud has brought them to this place where their fear of debt-reduction demands from other EU members will not allow them to reduce Greece's debt, which in turn will drive Greece from the EU and default on their debt, triggering a collapse of the credit default swaps sold against Greece's debt.

Jan 29 09:32

Yanis Varoufakis – Who Called Austerity "Fiscal Waterboarding" – Appointed Greek Finance Minister

Greece's new economic chapter begins as unrepetent bailout critic takes helm ahead of promised bailout re-negotiations

Jan 29 08:19

Italian police arrest 160 alleged mafia members

Jan 29 08:17

Greece’s new prime minister wants Germany to pay for Nazi war crimes

Syriza has vowed to renegotiate the crippling debts saddled on the Greek economy by European lenders — a move that some fear could threaten the unity of the eurozone. Tsipras and his allies, meanwhile, see their ascension as a historic opportunity, as WorldViews discussed here.

But it's not just the future that's on Syriza's agenda. In what was virtually his first act as prime minister Monday, Tsipras journeyed to the memorial site at the Kaisariani rifle range, where in 1944 Nazi soldiers executed some 200 Greek activists in retaliation for the death of a German officer killed in a Greek ambush.

Webmaster's Commentary: 

The part the Washington Post isn't talking about is that Germany forced Greece to loan it billions which were never repaid. If, as the IMF claims, debt is sacrosanct, then with accumulated interest, Germany may owe Greece more than Greece owes the IMF!

Jan 28 10:24

Syriza comes out swinging over EU anti-Russia statement

The new Greek government has spoken out against the EU partners over the statement that lays the blame for Saturday’s fatal attack on the Ukrainian city of Mariupol on Russia. Hungary, Slovakia, and Austria voiced similar objections earlier.

The government, headed by Prime Minister Alexis Tripras, said in a press release on Tuesday that “the aforementioned statement was released without the prescribed procedure to obtain consent by the member states, and particularly without ensuring the consent of Greece.”

“In this context, it is underlined that Greece does not consent to this statement,” Tsipras added.

He voiced his “discontent” in a phone call to EU foreign relations chief Federica Mogherini.

Jan 28 09:55

NATO must close ranks around Ukraine - Nuland

You must install the six border command centers around Ukraine as soon as possible, "she said, adding that NATO should become' spearhead that will allow us to move quickly to areas of conflict '.

'NATO is a defense organization. Our goal is to discourage countries from any aggression, but if this goal fails, we must be ready, "said Nuland.

She pointed out that sanctions already imposed by the US and the EU did not seek to punish Moscow Russian people, but to persuade President Vladimir Putin to change policy.

Webmaster's Commentary: 

A short memo to Victoria Nuland: forgive me, but did I blink and miss the fact that Ukraine had actually become a NATO member?!?I do not believe that has yet actually happened; please forgive me if I am wrong (which I am most assuredly NOT).

And as reported at yahoonews.com two days ago:

NATO has made clear it has no plans to intervene militarily in Ukraine, which is not a NATO member, but it has stepped up cooperation with Kiev, including help with modernizing its armed forces. Diplomats said Ukraine was mainly looking for political support from NATO at the meeting rather than any concrete aid.

I am so terribly sorry, Ms. Nuland, that you did not get the memo.

But if I, as an ordinary American citizen, know this, why, please, is it that you do not?!?

Jan 28 09:11

Greece’s new dream team vows to defy foreign creditors

In a taste of what lies ahead, Yanis Varoufakis, the flamboyant new finance minister, said on his way to the government’s swearing-in ceremony that negotiations would not continue with the hated troika of officials representing foreign lenders.

“They have already begun but not with the troika,” said Varoufakis, an economist who has disseminated his anti-orthodox views through blogs and tweets almost daily since the debt crisis exploded in Athens in late 2009 – something he promised on Tuesday to continue to do. “The time to put up or shut up has, I have been told, arrived,” he wrote on his blog. “My plan is to defy such advice.”

Jan 27 13:18

This Is The Beginning Of The End For The Euro

The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock. It hit an 11 year low of $1.13, and many analysts believe that it is going much, much lower than this. The speed at which the euro has been falling in recent months has been absolutely stunning. Less than a year ago it was hovering near $1.40. But since that time the crippling economic problems in southern Europe have gone from bad to worse, and no amount of money printing is going to avert the financial nightmare that is slowly unfolding right before our eyes.

Jan 27 12:29

Spain negotiates permanent US Marines Africa force

Spain’s foreign and defence ministers will negotiate the amendment, as requested by the United States last month, “with a view to hosting the deployment for an indefinite time”, she told a news conference.

Jan 27 12:27

EU to consider new sanctions against Russia on January 29

January 29, the EU Council to consider new restrictive measures against Russia. This is stated in the statement of the Heads of State and Government of the European Union on Tuesday in Brussels, according to TASS.

"Due to the deteriorating situation we ask the EU Council of Ministers of Foreign Affairs to assess the situation in Ukraine and consider any appropriate measures, in particular, further restrictive measures against Russia, aimed at the rapid and full implementation of the Minsk Agreement," - the document says.

Jan 27 11:25

Turkey deploys Spain's Patriot missiles in Adana - WHY?!?

"Patriot battery is here to ensure the security of Adana," Luis Burgos Sanchez, a Spanish commander, told reporters.

Sanchez said five missile launchers were now active. "We have a very effective system against any ballistic missile," he said.

Spain's provision of Patriot air defense missiles to Turkey will ensure its security and stability as a NATO ally, Spanish defense minister said on Jan. 16.

Jan 27 11:24

EU leaders warn of more sanctions against Russia

EU leaders call on the Ministers of Foreign Affairs to consider new sanctions against Russia.

European Union leaders asked their foreign ministers on Tuesday to consider possible new sanctions on Russia in response to a rebel offensive in eastern Ukraine, but a final decision to impose them is likely to be left to a summit next month.

Jan 27 11:15

Anti-Syriza Propaganda Begins: Greece Framed as ‘Emerging Hub for Terrorists’

Greece’s new anti-austerity and anti-Western Oligarchy ruling party, Syriza, is coming under attack from an all too familiar angle. Keep in mind that this accusation came on the very first day Syriza took office.

According to CNN, “there may be some 200 people in the country with links to jihadist groups such as the Islamic State in Iraq and Syria (ISIS) or the al Nusra Front“. Supposing this is true, should we not instead look to those who funded and created those groups; namely Western nations?

Webmaster's Commentary: 

"oooooh, we HAVE to invade them and put in a new government!" -- Official White Horse Souse

(You tried that a year ago with Ukraine and look how that turned out!)

Jan 27 11:11

The Greeks Have A Simple Message To Europe

Sunday's Greek vote for anti-austerity left-wing Syriza shows the people's eagerness to stop the current bailout scheme and renegotiate a deal that's more favorable for the Greek economy. In the next several days and weeks, we'll learn a lot more about the implication of the vote, and what new leader Alexis Tsipras is capable of accomplishing; but as Bloomberg Businessweek reports, perhaps this banner displayed produly at last night's victory rally says it all...

Webmaster's Commentary: 

The ECB is taking a hard line position with Greece's debt, as any concessions made to Greece will trigger demands for debt reduction from the other EU members. The EU's position is "pay or leave", and with Russia already putting out the welcome mat, Greece might leave the EU, which in turn will trigger other member nations to consider departing the union, which has worked very well for the owners of the ECB and very badly for the people.

Jan 27 09:32

Greek Election Could Cause World Economic Crisis - Michael Rivero - Jan. 26, 2015

Jan 26 13:12

Saxo Bank: The Syriza Victory Is A Disaster For Europe

The result was worse than expected whatever the final outcome - the anti-austerity vote is massive, but it could be an empty gesture as Greece in reality has little choice: Comply with the Troika or leave the EUR. I doubt the later will happen with the same vote as the Greeks are tired of austerity but not off being European.

Webmaster's Commentary: 

That sounds like wishful thinking to me.

Jan 26 11:39

Greek F16 fighter jet crashes at Albacete airbase in central Spain

Among the victims are two pilots, one of them a Greek national. At least 13 have been wounded, including French and Italian nationals.

Eight of those injured are in serious condition. Three are in resuscitation, two are in intensive care, and one more is being operated on. Three others have inhaled fumes, sources at Albacete hospital told Cadena SER radio network.

According to abc.es, a Greek pilot executed a wrong maneuver during takeoff resulting in the jet ditching, an explosion and a massive fire. Two French planes overhead during the incident had to land at San Javier base in Murcia, 140 kilometers away.

Jan 26 11:23

What’s good for Greece is bad for Israel

While most of the world (at least the 99 percenters) are congratulating Greeks at the dawn of their new age of dignity, the Jerusalem Post warns that victory for Syriza is bad news for Israel. Upon reading the article, I could see why they’re concerned:

Jan 26 10:06

Greece elections: Merkel has lost, hope has won

In the aftermath of Greece’s seismic election, I assumed the eurocrat elite would follow the diktat, “if you have nothing nice to say, say nothing at all.” So, I cranked up the Twitter machine and within 5 seconds, I encountered this ‘gem’ from our old friend Carl Bildt. Bildt was the the Swedish Foreign Minster – and one of America’s favourite European poodles – until his own electorate voted him out last year.

Bildt’s Tweet is important because it reveals a mindset among the elite. They extol the benefits of democracy for others, while pouring scorn on the results, if they fail to suit their own agendas. An example was when they forced Ireland to vote again (twice) after initial rejections of EU treaties. Or when they speak of bringing free elections to the Middle East while refusing to deal with Palestine’s elected government, or even recognise the state’s existence.

Jan 26 10:04

Historic Victory for SYRIZA Greece

The leader of the left-wing SYRIZA Party, Alexis Tsipras, claimed a jubilant victory in Athens, Greece, on Sunday. SYRIZA took 36.5 percent of the electorate compared with the 27.7 percent for Antonis Samaras of the New Democracy Party. This is according to official election data. The far-right Golden Dawn placed third at at 6.3 percent, followed by To Potami garnering 5.9 percent of the vote party. To Potami Party is considered a potential ally of SYRIZA.

Whether it is a clear majority is yet unclear at the time of the interview. But one thing is clear: the Greek people have won a battle of reversing austerity economic policies championed by the New Democracy conservative party.

Jan 26 10:03

Triangle of Sin: Greece’s new Fin Min aims to destroy Greek Oligarchy

Listening to this man speak is like taking a breathe of fresh air after years of suffocating in a cesspool of lies.

It’s clear that he knows exactly what needs to be done as he points to the troika of rent seeking developers, bankrupt bankers, and media moguls who together are strangling his nation.

The question is, will he succeed, which turns in part on whether he survives. I for one hope he does. He is not only a genius, but a man with morals, extremely rare among finance ministers.

Jan 26 09:53

Greek leftist party Syriza sweeps to power

Greek voters handed power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of the fellow European countries that prescribed it.

With nearly all votes counted, opposition party Syriza was on track to win about half the seats in Parliament. In the wee hours of the morning, it clinched a coalition deal with a small right-wing party also opposed to Europe’s economic policy to give the two a clear majority.

Webmaster's Commentary: 

Ooooooh, Radical, Radical, RADICAL! How dare they oppose the private central bankers!!!!!! :)

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