EUROPE | WHAT REALLY HAPPENED


EUROPE

Jun 28 08:53

Greece: The system versus the people

So what a wonderful system the European Union in its utter wisdom has created for the people of the Old Continent in general and the Greeks, Portuguese and Spanish in particular. A North-South divide, the Haves and the Have Nots, a two-speed, two-tier continent of the Rich and the Poor. Two Lands, Two Peoples, One Leader. Deutschland über Alles!
It is a not just a shame the way Europe has treated Greece, it is a scandal. Even more so, the callousness and sheer disrespect that everyone from Government officials to the media to the common person in the street have shown towards Greece and the Greeks, labelling them "irresponsible", "lazy" and "spendthrifts", an attitude so clear to see in the derogatory and insulting acronym PIGS given to Portugal, Ireland, Greece and Spain.

Jun 28 08:49

35% suicide surge in Greece after austerity measures

The austerity measures in Greece generated a surge of suicides.
The number of suicides has increased by 35% for the last two years.
Bond obligations, increase of expenses in comparison with the incomes of the citizens often lead to depression and despair amid the population and instigate further suicides.
Charles C. Branas, MD have tracked the suicide rate in Greece for more than 30 years and found out that the highest monthly rates occurred in 2012.
"The passage of new austerity measures in June 2011 marked the beginning of significant, abrupt and sustained increases in total suicides (+35.7%) and male suicides (+18.5%)," the investigators write.
The tendency can be tracked in the country since the beginning of the EU economic crisis in 2008.

Jun 28 08:34

‘We don’t need EU permission’: Greek parliament ratifies bailout referendum

As an equal member of the EU, Greece does not need to ask permissions from anyone to let the Greek people speak and have their voices heard, PM Tsipras told his parliament, promising that the state’s sovereignty and future will be decided via referendum.

Referendums have been used all across Europe as a way for people to directly express their will and have their voices heard, and Greece is fully in its right to conduct one PM Alexis Tsipras said during a late-night debate in parliament.

Jun 28 08:31

Greferendum looms: Greeks rush to ATMs, EU saddened, closes door

After months of tense negotiations with its European creditors, Greece is letting the people decide what to do next.

Jun 28 08:28

Armenian president suspends increase in electricity prices

Armenian President Serzh Sargsyan has suspended an increase in household electricity prices in a bid to end protests in the capital Yerevan.

Webmaster's Commentary: 

Scaring the politicians can actually work! :)

Jun 28 08:27

ECB Says "Greek Bank Holiday Now Necessary"

Earlier this morning we noted that the ECB has now frozen the ELA cap for Greek banks in the wake of PM Alexis Tsipras' move to call for a euro referendum and the Greek parliament's vote to allow the poll to go ahead.

Jun 28 08:16

Greeks Line Up at Banks and Drain ATMs as Tsipras Calls Vote

Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro.

Jun 28 08:16

More than a third of Greek ATMs run dry for a while on Saturday

More than a third of automated teller machines across Greece ran out of cash on Saturday before they were replenished as Greeks pulled out money on fears their country was set to crash out of the euro, three banking sources said.

Jun 28 08:15

Shock vote on terms of bailout pushes Greek banks to the brink of meltdown as long queues form at country's cashpoints

Greek banks were on the brink of meltdown last night after the shock announcement that its crisis-hit government would hold a referendum on the terms of a fresh international bailout.

Webmaster's Commentary: 

The referendum will include the option of leaving the EU.

Jun 28 08:13

'Plan B' looms after Greece and Europe fall out

With Greece's creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs.
Related Stories

Fears that the banks may not open Monday have prompted the European Central Bank to meet but officials say it will be up to Greece to stem an outflow that has already reached dangerous levels.

Webmaster's Commentary: 

Not to put too fine a point on it, but that money in the banks is the property of the Greek people and neither the banks for the government have any right to say they cannot have it!

We are seeing the latest chapter in what has become a global repeating pattern. Private central banks crush a nation with artificially created debt, and when the system collapses, as it always must, they stick the people with the losses!

Jun 28 08:00

Draghi Freezes Greek ELA, Varoufakis Tells BBC "Looking At Imposing Capital Controls, Closing Banks"

With Greece having gone past the point of no return, things are now escalating very rapidly, and moments ago the BBC's Nikc Sutton tweeted that the BBC's Mark Mardell was told the Greek government will be "looking overnight at imposing capital controls and closing banks on Monday."

Webmaster's Commentary: 
Jun 28 07:50

'We Won't Get Tired': Riot Police Deployed in Armenia as Protests Over Electricity Hike Rage On

As night fell on Friday, reports emerged that buses with riot police had arrived at a major street in Yerevan where nearly 20,000 protesters had gathered to demand a reversal of a 17 percent price hike that is set to kick in on August 1. The protests are being referred to on social media as the Electric Yerevan demonstrations.

Webmaster's Commentary: 

This reeks of another covert US overthrow.

Jun 28 07:49

'Nein Danke' - smaller German firms see U.S. trade deal as threat

Martina Roemmelt-Fella, who owns a small, family-run turbine manufacturer in Bavaria, should be a cheerleader for a trade deal between Europe and the United States that promises to ease the flow of goods and services across the Atlantic.

But instead she fears the Trans Atlantic Trade and Investment Partnership (TTIP) being hammered out between Brussels and Washington will give too much power to big multinationals at the expense of small companies like hers.

"The proposals are being negotiated behind closed doors with the help of 50 or 60 big corporates," said Roemmelt-Fella, whose firm is one of the thousands of small and medium-sized companies known as the 'Mittelstand' that account for 89 percent of Germany's exporters and form the backbone of the economy.

Jun 28 02:53

'Russia rehearsed invasion of Sweden'

Claims that thousands of Russian soldiers took part in a huge military exercise which simulated a takeover of the Swedish island of Gotland earlier this year have caused jitters in Sweden.

Jun 27 17:18

The Delphi Declaration – Paul Craig Roberts

The Delphi Declaration asks the European peoples, especially the Germans, to do the right thing and object to the plunder of Greece by the One Percent.

This appeal to goodwill is likely to fall on deaf ears even though the pillage of Greece will create a precedent that can then be applied to Italy, Spain, France, and even Germany.

European governments, European institutions and the IMF, acting in close alliance, if not under direct control of big international banks and other financial institutions, are now exercising a maximum of pressure, including open threats, blackmailing and a slander and terror communication campaign against the recently elected Greek government and against the Greek people.

Jun 27 17:13

Greece – The Delphi Declaration

The world must realize that the so-called troika – IMF, European Central Bank and European Commission, is literally blackmailing Greece and subjecting her to outright economic torture.

During the weekend of 20 and 21 June 2015 a forum of international scholars, scientists, economists, sociologists, political analysts – met in Delphi Greece to discuss Greece and Europe.

The organizers were the so-called “Delphi Initiative”, sponsored by the Lyssarides Foundation in Cyprus, the Greek Institute for Research on Political Strategies, the Russian Institute for Globalization and Social Movements, and the Forum Mondial des Alternatives, France.

The world must realize that the so-called troika – IMF, European Central Bank and European Commission, is literally blackmailing Greece and subjecting her to outright economic torture.

Jun 27 14:38

Latin American Revolutions Under Attack

The World is Turning, Don't Let it Turn Away

Do not take the Latin American revolutions for granted.

They inspired the entire Planet. They brought hope to every corner of our scarred Earth. But now they are themselves in need of our support.

All of revolutionary Latin America is “screaming”.

As I described in two of my recent books, “Exposing Lies Of The Empire” and “Fighting Against Western Imperialism”, the Empire is using similar destabilization strategy against all countries that are resisting its deadly embrace.

Jun 27 14:25

Lower US Flag on 4th of July

We need to do a lot more searching, a lot deeper digging, if we're going to root out and destroy the virus that has been killing us for centuries!

For over half a century, I’ve written articles against racism and war. I was shocked and I grieved to see what happened at the Charleston Emanuel Church. Quickly, the call went out: We need to have a “conversation” about race in America! And, almost as quickly: Take down the Confederate flag! But, let’s be very clear: the Confederate flag is NOT a central issue here.

On the 4th of July, when Americans raise their flags as a proud symbol of their “freedom,” will anyone dare to lower their flags to half-mast to commemorate the 60,000 Americans who died in a now-acknowledged “unnecessary” war in Vietnam– let alone the millions of Asians?

Would it be disrespectful even to suggest such a gesture?

Jun 27 13:51

Austrians launch petition to quit EU

Austrians have launched a petition to quit the EU, arguing that the nation will be better off economically if it leaves the union. To force the national parliament to consider the initiative activists need to have gathered 100,000 signatures by July 1.

Jun 27 13:44

Panicking Greeks withdraw billions from cash machines amid fears of exit from euro

Banks in Greece will remain open and people should stay calm, a senior Greek politician said today.

He was speaking hours after Prime Minister Alexis Tsipras announced a surprise referendum to be held on July 5 on the bailout terms offered by foreign creditors.

Jun 27 13:30

Greece on the Edge: Bailout Extension Rejected, But Referendum Still On

The Eurogroup has refused to extend Greece's current bailout deal, which is set to expire on June 30, days before a referendum is set to take place on the financial aid package currently being negotiated.

Greek Prime Minister Alexis Tsipras reportedly called European leaders, including German Chancellor Angela Merkel and French President Francois Hollande on Saturday to tell them, "Democracy is of the highest order in Greece and the referendum will take place regardless of the Euro group decision."

Jun 27 13:17

The Delphi Declaration - On Greece and Europe

Many readers of the European and American press must be confused about what actually is happening in the negotiations between Greece (Alexis Tsipras and Yannis Varoufakis). The European Troika (the IMF, European Central Bank and European Council now object to the name and want to be called simply “the Institutions”) have stepped up their demands on Syriza. What is called “negotiation” is in reality a demand for total surrender. The Troika’s demand is to force Syriza to go back on the campaign promises that it made to voters who replaced the old right-wing Pasok (“socialist”) and Conservative New Democracy coalition, or else simply apply the austerity program to which that coalition had agreed:cutbacks in pensions, deeper austerity, more privatization selloffs, and a tax shift off business onto labor. In short, economic suicide.

Jun 27 11:29

US, NATO Powers Intensify Preparations for Nuclear War in Response to “Russian Aggression”

The NATO military alliance is preparing to implement a more aggressive nuclear weapons strategy in response to alleged “Russian aggression,” according to NATO sources cited by the Guardian Wednesday evening.

Proposed changes include provisions for greater involvement of nuclear forces in ongoing NATO military exercises along Russia’s borders and new guidelines for nuclear escalation against Russia, according to the NATO officials.

The alliance’s nuclear doctrine has been the subject of quiet, informal discussions “on the sidelines” of the ongoing NATO summit. The new policies will be formally articulated and confirmed at an upcoming conference of the alliance’s Nuclear Planning Group, which was rescheduled for an earlier date this week as word got around about the secretive planning.

Webmaster's Commentary: 

We are being Conditized (as the fawning focus on Gary Condit and Chandra Levy right before 9/11) by the faux news presstitutes, while some very serious developments are taking place to which thinking Americans need to be paying attention are barely mentioned.

Call me silly, but a potential nuclear war against Russia by NATO is one of those issues.

But those in bowels of power in DC and NATO have a problem; they have zero credibility with the American people, and any proclaimed act of alleged "Russian belligerency" will not be accepted be accepted as the truth.

I am very concerned about a potential false flag against the US or US interests on the 4th of July, as a way to beat any last breath of skepticism on the part of the American people about who, really, is to blame, and who would actually benefit from such an atrocity.

A note to US and NATO leadership: if you are betting that this will work, as skeptical, broke, and war-weary as the American population is, you had really better think again.

Jun 27 09:57

Riot Police Deployed in Armenia as Protests Over Electricity Hike Rage On

The protests have been ongoing for the past week in a society riddled with low wages and unemployment. At a cabinet meeting Thursday, Prime Minister Hovik Abrahamyan said demonstrators were violating the country's constitution and that the government would not change its decision. He did, however, offer the possibility of providing compensation as relief for those unable to afford the price hike.

Jun 27 09:46

Gazprom building global alliance with expanded Shell

Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.

Gazprom, the world's top gas producer, said on Thursday that Shell and its long-time gas buyers in Europe - Germany's E.ON and Austria's OMV - had agreed to build two new Nord Stream gas pipelines under the Baltic sea to Germany.

In a rare interview, chief executive Alexei Miller said the agreement with Shell also foresaw an expansion of the firms' joint $20 billion liquefied natural gas plant on the eastern island of Sakhalin as well as global upstream asset swaps.

Webmaster's Commentary: 

Oh, yes, the US and European sanctions are working brilliantly....in terms of building Russia's energy sector, that is!!!

Jun 27 09:23

Rejecting 'Blackmail' Deal, Greece Calls Referendum on Bailout

Greek Prime Minister Alexis Tsipras this week called for a referendum on the financial aid deal that is currently at a standstill in negotiations, putting the future of the bailout package to a popular vote at the last minute as he rejected another austerity-heavy plan from creditors.

Jun 27 09:20

Greek debt crisis LIVE UPDATES

Greece and its lenders have been gridlocked in talks over its €240-billion debt for about six months. Fears of Greece defaulting are causing a run on the banks, with people withdrawing record amounts of deposits. RT will report on the latest developments.

Webmaster's Commentary: 

Jun 27 08:54

European Ministers Deny Greek Request to Extend Debt Talks

Eurozone finance ministers on Saturday rejected Greece’s request to extend its debt negotiations beyond next week’s deadline, seeming to bring a bitter end to months of discussions of how or whether to continue providing bailout loans to Athens.

The rapid turn of events came only hours after the Greek prime minister, Alexis Tsipras, surprised Europe by calling for a national referendum on whether his country should accept bailout aid under terms he bitterly opposes.

Jun 27 08:24

Paul Craig Roberts Warns Greek Government May Be Assassinated In This Crisis If They Pivot East To Stop World War III

Dr. Paul Craig Roberts: “The Greek people and the Greek government have before them the unique opportunity to prevent World War III. All the Greek government needs to do, if the Greek people will get behind the government, is to default on the loans, resign from the EU and from NATO, and accept the deal that the Russians have offered them….

“This would begin the unraveling of NATO. Very quickly Spain and Italy would follow. So southern Europe would desert NATO and so would Austria, Hungary and the Czech Republic. NATO is the mechanism that Washington uses to cause conflict with Russia. So as the EU and NATO unravel, the ability of Washington to produce this conflict disappears.

Webmaster's Commentary: 

The money-junkies have forgotten something very important about the Greek people (the same thing the Nazis forgot).

Thermopylae!

Clearly, the Greek people remember it well!

Sadly, it appears I am not alone in my expectation that the money-junkies will likely attempt either a coup or outright assassination to keep the Greek people enslaved to their private central bank system.

Jun 27 07:54

Greek Officials Warn "Some Banks May Not Open Monday"

Following Tsipras' surprise referendum decision (and subsequent pulling of proposals by the institutions), Greece's bank jog has turned into a full sprint. ATM lines began to form at 2am, minutes after the announcement and now many ATMs are out of money and, as Bloomberg reports, some Greek banks are drastically limiting cash transactions. Despite all the reassurances that "banks will open Monday," two senior bank executives have warned that some lenders will not be able to open Monday (unless more emergency liquidity is released). Crucially, this is not just about banks being in trouble - drained of deposits electronically - this is running out of physical banknotes, there is literally no more 'real' money left in Greek banks.

Jun 27 01:13

Greece to hold national referendum on debt deal

The Greek PM has announced a national referendum on July 5 on the conditions of the debt deal with international creditors. It’s up to the Greek people, Tsipras said, to make a fateful decision on the country’s sovereignty, independence and future.

“These proposals, which clearly violate the European rules and the basic rights to work, equality and dignity show that the purpose of some of the partners and institutions was not a viable agreement for all parties, but possibly the humiliation of an entire people,” Greek Prime Minister Alexis Tsipras said in a televised address to the nation.

Webmaster addition: The referendum will include the choice whether to stay or leave the EU.

Jun 27 00:40

Greece – The Way Out

Troika Involved in “Financial Terrorism”. It’s “Economic Waterboarding”.

What the troika is doing to Greece these days is the pinnacle of financial terrorism. It is economic waterboarding. It is blackmailing of the first degree. These people are neoliberal fascists, putting the Greek government before a dilemma – ‘either you present us with an acceptable list of austerities, or we will prepare one for you’ – literally. An austerity plan you better accept, lest you may default and being expulsed from the European monetary union and maybe even the EU. That is their threat. That is what Brussels does to a brother; to one of theirs. There is not a shred of solidarity left in this miss-called ‘Union’. This ‘Union’ doesn’t deserve existing.

Jun 26 20:09

Matteo Renzi And The Coup D’etat In Italy

After the crisis of 2008, Italy was one of the most affected nations by recession and austerity plans. Moreover some supranational bodies such as the European Central Bank and European Commission exploited the conditions of vulnerability of the Italian State to impose their policies.PE In fact, the last three Italian Prime Ministers (Monti, Letta and Renzi) weren’t elected. They were appointed in their leading position under the pressure and the manipulation by EU officials.

Jun 26 18:34

It's 2 In The Morning And Greeks Are Lining Up At ATMs; Alpha Limits Online Banking

Because correlation does not equal causation, we present the following with no comment other than to note that according to Goldman's estimates (shown below), Alpha Bank, which has announced that web banking will "operate with limited functionality" over the weekend, happens to have the smallest ELA buffer of the four major Greek banks.

And of course, Greek PM Alexis Tsipras has just called for a referendum on euro membership to be held next Sunday.

Draw your own conclusions.

Jun 26 18:28

Greece Invokes Nuclear Option: Tsipras Calls For Referendum

Greek PM Alexis Tsipras has announced a referendum in a televised speech to the nation after another day of fractious negotiations with creditors closed without a deal.

The dramatic move comes after Athens rejected a proposal from the troika aimed at delivering some €16 billion in aid to Greece as part of an extension of the country's second bailout program.

Protothema now says the Greek parliament will meet on Saturday and a referendum will be called as early as next week. Whether this is simply a last minute attempt to put pressure on EU finance ministers ahead of Saturday's Eurogroup meeting remains to be seen, but one thing is for sure: Tsipras is playing a dangerous game with the ECB ahead of a difficult week that could very well see the imposition of capital controls.

Webmaster's Commentary: 

UPDATE: In looking through tweets and comments, plus information on financial services such as Bloomberg, Tsipras' announcement has triggered a major panic among the heads of the too-big-to-fail financial institutions, who were eager to rake in profits selling credit default swaps against Greece's debt, and now face a derivatives exposure many times the volume of the Greek debt itself. The derivatives losses will be enough to sink many of these institutions in a firestorm of paper that will make 2008 look like a speed bump in comparison.

It is already clear from the many protests in Greece which was the Greek people will vote. From now to the 5th is insufficient time to get vote riggers into place in Greece or to mount a propaganda campaign that the Greek people are evenly divided on the issue, to conceal another stolen election. Nobody is going to believe a claim that the Greek people will vote themselves back into the slavery of the ECB and the IMF.

I would not be surprised to see an orchestrated effort to get Tsipras out of office next week, if not an outright assassination attempt. The money-junkies have a long history of murdering uncooperative heads of state, and from their point of view they have no choice.

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WRH breaking
Jun 26 13:32

Greece – the Way Out

The Greek people are being penalized for having had the audacity to elect a socialist government – How dare they! – That’s the verdict.

What the troika is doing to Greece these days is the pinnacle of financial terrorism.It is economic waterboarding. It is blackmailing of the first degree. These people are neoliberal fascists, putting the Greek government before a dilemma – ‘either you present us with an acceptable list of austerities, or we will prepare one for you’ – literally. An austerity plan you better accept, lest you may default and being expulsed from the European monetary union and maybe even the EU. That is their threat. That is what Brussels does to a brother; to one of theirs. There is not a shred of solidarity left in this miss-called ‘Union’. This ‘Union’ doesn’t deserve existing.

Jun 26 13:18

US Tanks rolling through Austria:

Webmaster's Commentary: 

Austria is neutral and not part of NATO. What the Austrian government is doing here is illegal.

Jun 26 12:59

Italy arrests Peshawar market bombing suspect

Italian anti-terrorism detectives believe Siyar Khan was part of a jihadist network based in Italy which was plotting terror attacks on Rome and possibly the Vatican to be carried by suicide bombers imported from Pakistan.

Jun 26 09:53

NATO to offer more aid to Ukraine, but no offensive weapons

NATO members agreed on Thursday to step up support for Ukraine with more air traffic data and assistance in countering roadside bombs, but member states stopped short of offensive weapons, which Kiev has sought in its battle with Russian-backed separatists.

A new trust fund to be established “will aim at de-mining and also on countering improvised explosive devices. And this is vital for saving lives,” NATO Secretary-General Jens Stoltenberg told a news conference after a meeting of the NATO-Ukraine commission.

NATO defense ministers are set to conclude two days of talks in Brussels later Thursday. The ministers have focused primarily on concrete steps toward strengthening the alliance militarily, enabling to respond more quickly to crises. Members have agreed to increase the size of its crisis-response force and to streamline the political process for approving the mobilization of troops.

Webmaster's Commentary: 

You just have to LOVE the way NATO Secretary General Jens Stoltenberg lies with impunity.

The violations have come NOT from the side of the breakaway republics, but primarily from the Ukrainian military.

This is precisely what the OCSE has been reporting; apparently, honest reporting of the facts of the matter are frowned on by the NATO high command.

Jun 26 08:55

THE FIVE HORSEMEN (AND ONE HORSEWOMAN) OF EUROPE’S MONETARY APOCALYPSE

As the late great U.S. comedian and social commentator extraordinaire George Carlin once said, the table is tilted, the game is rigged. Nowhere is this truer than in today’s Europe, where power is increasingly concentrated in the hands of unelected, unaccountable bankers and bureaucrats. The result is that representative democracy is on its last legs and national sovereignty (that dirty “S” word) could soon be a thing of the past.

Europe’s tilted table is dominated by the five presidents of its main institutions. Politico calls them, the “Five Horsemen of the Euro’s Future.” Or as I call them, the “Five Horsemen of Europe’s Monetary Apocalypse.” At the head of the table – the same negotiating table that is now being used as a platform for browbeating Greece’s upstart leaders into submission (see this image for that table and those sitting around it) – is Mario Draghi, Europe’s central banker-in-chief.

Jun 26 08:17

"The US will deploy heavy weapons in central and eastern Europe for the first time, Washington says, in the midst of the worst standoff between Russia and the West since the Cold War."

The US will deploy heavy weapons in central and eastern Europe for the first time, Washington says, in the midst of the worst standoff between Russia and the West since the Cold War, triggered by the crisis in Ukraine.
"We will temporarily stage one armoured brigade combat team's vehicles and associated equipment in countries in central and eastern Europe," US defence secretary Ashton Carter said at a joint press conference with three Baltic defence ministers on the eve of NATO ministerial talks.

Jun 26 07:52

Europe tells Greece to meet debt deadline or risk 'chaos'

The leaders of France and Germany on Friday handed Greek Prime Minister Alexis Tsipras a weekend ultimatum to strike a debt deal with EU-IMF creditors or risk default.

Jun 26 07:48

Greece Rejects Bailout Extension, Tsipras Says "Won't Be Blackmailed"

Reports suggest Greece has rejected creditors' bailout extension proposal.

Jun 26 07:47

Forget Grexit, "Madame Frexit" Says France Is Next: French Presidential Frontrunner Wants Out Of "Failed" Euro

There has been some confusion why Germany and the Eurozone are so strict in negotiating with France and unwilling to concede even to the smallest of what they deem as outlandish Greek demands. The reason is not so much whether Spain or even Italy, both countries with soaring unemployment, a lost generation and a sweeping movement against "austerity", follow with comparable demands should Europe concede to Tsipras, but France, where the frontrunner for the next president, the National Front's Marine Le Pen, has just warned that not only is a Grexit inevitable, but that France would follow shortly.

Webmaster's Commentary: 

"Oh my GAWD, ISIS is in France! We must invade!" -- Official White Horse Souse

Jun 26 07:03

Greece under NATO pressure not to reduce military budget amid crisis

What is notable about the Greek reform plan is that for the first time, Athens put its defense budget on the table for discussion.

Jun 25 21:58

Europe’s Complicity in Evil

Europe is essentially captive and forced to put US interests ahead of its own. Consequently, unless Europeans find their courage and discard their servile status, Europe will be badgered into more wars and eventually led into a devastating war with Russia. One European country can do little, but concerted action would be effective. For example, why do not Europeans protest that the war criminal Tony Blair was given a post in the EU?

Jun 25 21:47

Proposed copyright bill could outlaw holiday snaps of EU landmarks

A proposal for a new law brought before the European Parliament could outlaw online posting of photographs that include famous tourist attractions, if they are still under copyright.

Jun 25 11:27

American Abrams Battle Tanks Fire in Bulgaria for First Time

American battle tanks will be deployed to Bulgaria this weekend and conduct live-fire exercises across the Black Sea from Russia for the first time.

As part of a maneuver dubbed "Power Shock," the pair of M1A2 Abrams battle tanks are scheduled to be flown from Ramstein Air Base in Germany to the Novo Selo training area in Bulgaria. They'll be joined by 15 U.S. Army soldiers from the "Speed and Power" battalion out of Fort Stewart, Georgia.

The training exercise is part of a series of NATO war games taking place at Europe's eastern borders in the wake of Russia's annexation of Ukraine's Crimea region. Earlier this week, Vladimir Putin announced that Russia would add more than 40 new intercontinental ballistic missiles to its nuclear arsenal this year.

Jun 25 09:54

Eurogroup meeting ends, Greece deal still far off

Hopes of a deal between Greece and its creditors faded once again on Thursday, as the Eurogroup meeting of finance ministers quickly ended without any signs of an agreement.

Jun 25 09:15

Greek Pensioners Demonstrate Against Inhumane Austerity Demands

45% of Greek pensioners already live in poverty due to previous austerity measures but now the troika is demanding more cuts to their pensions.

Jun 25 08:59

No more open borders in EU? Migrant issue builds barriers

The issue of illegal immigration has proved highly divisive for the EU, which has been unable to agree a common solution.

Jun 25 08:33

EU creditors deny Greek reform plan – Now what?

Prime Minister Alexis Tsipras said the international creditors didn’t accept the new Greek proposals prior to another round of negotiations on Wednesday.

Jun 25 08:29

Greece v IMF: same tactic criminal elite used to steal Africa Structural Adjustment Economic Warfare

The rulers of Greece and Europe are pulling out all the stops--including exploiting the anti-Islam and anti-immigrant hysteria following the Charlie Hebdo murders in France--to try to prevent a victory for the radical left party SYRIZA in national elections planned set for next weekend. But opinion polls still show SYRIZA with a lead over the current ruling party, the center-right New Democracy.

Jun 25 07:07

FRENCH SPIES SECRETLY ORGANIZED AND FUNDED THE LIBYAN REBELS, ACCORDING TO CONFIDENTIAL EMAILS TO HILLARY CLINTON

French spies secretly organized and funded the Libyan rebels who defeated Moammar Gadhafi, according to confidential emails to Hillary Clinton that were made public on June 22. According to one entry from March 22, 2011, “officers” with the General Directorate for External Security — the French intelligence service — “began a series of secret meetings” with Jalil and Gen. Abdul Fatah Younis in Benghazi in late February and gave them “money and guidance” to set up the council, whose formation was announced Feb. 27. The officers, “speaking under orders from [Sarkozy] promised that as soon as the [council] was organized France would recognize [it] as the new government of Libya.”

Jun 24 19:55

Commerzbank Suggests Greece Could Sell Gold Reserves to Make Payment

Bankers alchemy. Turning worthless paper into gold.

Jun 24 16:12

Agreement on Greek Crisis Could Be a Done Deal

Jun 24 13:48

Greek Democracy Is Failing — Paul Craig Roberts

The Greek debt is unpayable. It is simply too large to be repaid. The austerity that the EU and IMF have imposed on Greece has worsened the problem by driving down the Greek economy, thus making the burden of the debt even heavier. Despite the obvious fact that the EU’s austerity policy is a failure and cannot succeed, the Greek “debt crisis” drama continues.

Jun 24 13:18

Britain faces FREEZING winters as slump in solar activity threatens ‘little Ice Age’

BRITAIN could face colder than average winters with a plunge in solar activity threatening a new “little ice age” in the next few decades.

Jun 24 12:49

A New Problem For Greece Emerges: How To Do the Russian "Unpivot" After Capitulating To The Troika

It goes without saying that if Greece is scrambling to go back into the Troika's good graces, Belgium will make it very clear that any overtures to Putin are to be "cease and deceased" (sic) immediately. Which opens a can of worms for the Marxists in government: how to slam shut the door to their ideological Plan B, when everyone knows the Grexit fiasco will repeat again in a few months, and Greece will again be knocking on the Kremlin's door.

Jun 24 11:47

Austrian Campaigners Start Collecting Signatures in Support of EU Exit

According to a representative of the initiative’s non-partisan committee, Austrian civic initiative Heimat & Umwelt, or Homeland and Environment, have begun collecting signatures on Wednesday in support of the country's exit from the EU.

Jun 24 10:25

Here’s who is most exposed to a Greek default

As the chart above from Copenhagen-based Danske Bank shows, as of March Greece’s outstanding debt stood at 312.7 billion euros ($349.6 billion). Of that, €231.2 billion is in the form of loans, with €205 billion belonging to the institutions, or the “official” sector (as opposed to the private sector). The institutions include the International Monetary Fund, the eurozone’s European Financial Stability Facility and bilateral loans from eurozone countries.

The fact that so much of Greece’s debt is seen in the hands of official creditors is one reason analysts say investors have remained relatively sanguine throughout the latest chapter of the drama.

“The private sector “has almost no direct exposure to Greece anymore,” wrote strategists at J.P. Morgan Cazenove, in a Monday note urging clients to get back into German stocks.

Jun 24 10:21

Greek Film Shows Way Out of Debt Bind

"Debtocracy" introduces the concept of "odious debt" and points to strong precedents for repudiating debt that has been incurred fraudulently.

"At first we thought this predatory IMF behavior was reserved for the Third World, but now it's clear Europe and America are also in their cross-hairs."

In April 2015, a Greek parliamentary committee endorsed this concept. Clearly any debt deal reached this week will only pass the Greek parliament by virtue of the votes of the opposition parties. Greece's predicament exemplifies what may happen to any country that has forfeited its power to create credit, i.e. the medium of exchange (currency.) That's us all.

Jun 24 08:34

The U.S. And EU Will Collapse Regardless Of Economic ''Contagion''

By Brandon Smith

In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it is very important to, in some respects, ignore Greece entirely. That’s right; forget about all the supposed drama surrounding Greek debt obligations. Will they find a way to pay creditors? Will they default? Will they make a deal with Russia and the BRICS? Will there be last-minute concessions to save the system? It doesn’t matter. It’s all a soap opera, an elaborate Kabuki theater run by international financiers and globalists...

Jun 24 06:43

'Absurd' new EU law could mean you'll face legal action for taking pictures of famous landmarks: Photos could be punished for breach of copyright

A proposed EU law could see photographers punished for breach of copyright if they snap famous landmarks and works of art in public spaces.

The UK, and several other EU member states, enjoy 'freedom of panorama', which allows pictures of copyrighted works in public spaces, such as the London Eye or the Angel of the North, to be used both privately and for profit.

However, the proposed changes to EU-wide law would require snappers to obtain permission from the copyright holder, even if the landmark, building or work of art is in the background of a picture.

Jun 24 06:21

Dutch court orders government slash greenhouse gas emissions by at least 25 per cent by 2020

A Dutch court has ordered the country slash greenhouse gas emissions by at least 25 per cent by 2020, after a group of citizens took their government to court.

"The court orders the state to reduce the overall volume of greenhouse gas emissions in such a way that they are at least 25 per cent less in 2020 compared to 1990," judge Hans Hofhuis said.

The ruling came after almost 900 Dutch citizens took their government to court in April in a bid to force a reduction of greenhouse gas emissions to tackle climate change.

Jun 24 04:55

Ukraine’s President Poroshenko Says Overthrow of Yanukovych Was a Coup

Ukraine’s President Petro Poroshenko requests the supreme court of Ukraine to declare that his predecessor, Viktor Yanukovych, was overthrown by an illegal operation; in other words, that the post-Yanukovych government, including Poroshenko’s own Presidency, came into power from a coup, not from something democratic, not from any authentic constitutional process at all.

In a remarkable document, which is not posted at the English version of the website of the Constitutional Court of Ukraine, but which is widely reported outside the United States, including Russia, Poroshenko, in Ukrainian (not in English), has petitioned the Constitutional Court of Ukraine (as it is being widely quoted in English):

“I ask the court to acknowledge that the law ‘on the removal of the presidential title from Viktor Yanukovych’ as unconstitutional.”

Jun 23 15:58

Video: More austerity? Default? Grexit? EU talks spawn panic

After a day of talks in Brussels, a deal to save Greece’s teetering economy is still not in place

Jun 23 15:20

Has Washington Gone Looney Tunes?First appeared: http://journal-neo.org/2015/06/22/has-washington-gone-looney-tunes/

Given a series of recent speeches by leading US officials and actions, the question must be frankly posed: Has Washington gone collectively looney tunes? Even as the governments of the EU are moving to buck US pressures and ease the sanctions, the Obama Administration seems intent on marching in the direction of a nuclear confrontation with Russia. As the ancient Greek expression puts it, “Whom the gods would destroy they first make mad…” The following recent developments fit that pattern quite nicely, thank you.

Jun 23 13:17

Europe: Victim of Its Own Sanctions

Despite the EU’s refusal to acknowledge the detrimental effect of sanctions against Russia on its own economy, the true cost is finally hitting home...

Jun 23 13:00

GREECE ECONOMIC COLLAPSE CONTINUED...

Jun 23 09:57

Greek debt crisis LIVE UPDATES

Pensioners are marching through Athens with demands to end austerity, according to reports on Twitter. At least 70 coaches with protesters have reportedly arrived.

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