EUROPE | WHAT REALLY HAPPENED


EUROPE

Mar 09 11:30

US Puts Ukraine Training Operation on Hold Because of Ceasefire

Having spent the last several months hyping their intended military training operation in Ukraine, US military officials in Europe are now confirming the plan is indefinitely on hold.

“The US government would like to see the Minsk agreement fulfilled,” a Pentagon statement said by way of an explanation, adding that the military “is prepared to carry out the mission if and when our government decides to move forward.”

Webmaster's Commentary: 

I think the White House finally got the message that Europe does not want a new World War in their front yard, and as usual, is trying to make it look like this is all Obama's idea!

Mar 09 10:32

European Central Bank Launches Trillion-Euro Stimulus

The European Central Bank has hit the launch button on its 1.1 trillion euro ($1.2 trillion) stimulus program by starting to buy government bonds.

The chief monetary authority for the 19 countries that use the euro confirmed Monday it had begun the purchases, which aim to make credit cheaper, boost growth and raise inflation. ECB President Mario Draghi had announced the start date last week, sending stocks higher and the euro lower.

The bonds are bought from banks and other financial institutions using newly printed money.

One key effect of the program is expected to be a weaker euro, which would help eurozone exporters. More euros in circulation help drive down the currency's value, as expressed by its exchange rate. Low or negative interest rates encourage investors to invest in a currency where rates are higher, such as the U.S.

Webmaster's Commentary: 

This is Europe's version ofthe US's QE (Quantitative Easing).

A weaker Euro may be great for large corporations, but lousy for the individuals who have to use it in trade, because it will take far more euros to purchase staples than it did before.

Mar 09 09:36

This Was Not Supposed To Happen

As Mario Draghi unleashes his trillion euro bond buying program - aimed from what we are told, at lowering risk premia in credit markets to stimulate the eurozone's economy from utter stagnation - things are not going according to plan. Away from Greece, peripheral bond spreads are all up 8bps on the day and stock indices are mixed on this first day of DOMO (Draghi Open Market Operations) Of course, the other reason for Q€ is to implicitly (because one would never explicitly admit to joining the currency wars) devalue the currency - thus improving competitiveness and exports for the EU; but that's not working out so well as Germany's exports dropped and missed by the most since August... this was not supposed to happen.

Mar 09 08:18

Bulgarians stage demonstration against NATO

Bulgarians have held a protest rally to express their anger at military operations conducted by the North Atlantic Treaty Organization (NATO) in the East European country.

Mar 09 08:16

5,000 Military Servicemen to Take Part in Norway Drills Near Russian Border

About 5,000 servicemen and 400 units of military equipment will be involved in the "Joint Viking" exercises that kick off on Monday in the north of Norway, not far from the Russian border.

Mar 09 08:14

NATO's Not Enough! President Juncker Calls For Creation Of European Army To "React Credibly" To Russia

No lessor official than European Commission President (and liar-when-it's-serious) Jean-Claude Juncker has called for the creation of an EU army... in order to show Russia "that [The EU is] serious about defending European values." Juncker explained an EU army would "help us fulfil Europe's responsibilities in the world," arguing that NATO was not enough since not all EU members are part of the alliance. As one stunned euro-skeptic exclaimed, "we have all seen the utter mess the EU has made of the economy, so how can we even think of trusting them with its defence."

Mar 09 07:17

ECB begins economic stimulus program

The European Central Bank is beginning a trillion-euro program to stimulate growth and ward off deflation. The bank will start creating 60 billion fresh euros each month, using it to buy up private, and sovereign bonds.

Mar 09 07:13

Viktor Orban on Multiculturalism, Immigration, and National Sovereignty

"Hungarian Prime Minister Viktor Orbán gave his State of the Nation address recently. It is a remarkable text by the standards of our time. The average Western leader will obsess about gross domestic product, free trade, “European integration,” competitiveness,” supposed Russian and Iranian threats, gender and racial “equality,” ad nauseum, making endless moralistic calls as good in and of themselves."

While it may all be political opportunism - Orban at least SOUNDS like he cares about the nation he is leading instead of globalism and Zionism or starting wars with Iran like most of the rest of European leaders.

Mar 09 04:47

Berlin Rumbles Washington’s Hidden War Agenda

Berlin and the rest of Europe need to move fast to underpin diplomacy with Russia and to head off Washington’s death-wish plunge into the abyss.

Washington’s reckless attempts to scuttle the shaky ceasefire in Ukraine are unnerving Germany. The German government feels, with good reason, that the Americans are trying to undermine its recent efforts to mediate a political solution to the nearly year-old conflict, which has caused at least 6,000 deaths and up to one million refugees. Not only that but the violence between the ultranationalist regime in Kiev and the pro-Russian separatists in the east is threatening to spillover into a wider war that could involve Russia and the rest of Europe.

Mar 08 16:51

Caught On Tape: Greek Student Confronts Dijsselbloem, "Loan Sharking"

Following a speech at Delft University in Holland, Eurogrpup head Jeroen Dijsselbloem was confronted by a calmly-spoken, rational-thinking Greek student, who explained the misery and insanity of what the EU is doing to Greece... "1000s of Greek have committed suicide because of your policies... you keep on giving loans to Greece to pay back the same loans... its like going one loan shark to another loan shark to get more loans to pay back another loan shark."

Mar 08 16:50

NATO's Not Enough! President Juncker Calls For Creation Of European Army To "React Credibly" To Russia

No lessor official than European Commission President (and liar-when-it's-serious) Jean-Claude Juncker has called for the creation of an EU army... in order to show Russia "that [The EU is] serious about defending European values." Juncker explained an EU army would "help us fulfil Europe's responsibilities in the world," arguing that NATO was not enough since not all EU members are part of the alliance. As one stunned euro-skeptic exclaimed, "we have all seen the utter mess the EU has made of the economy, so how can we even think of trusting them with its defence."

Mar 08 15:20

Israel Shamir: Who Killed Nemtsov

The Russians are worried that pro-Western neoliberal party will regain the positions they lost after 2000, and dead Nemtsov will indeed be more useful for his cause than alive one.

Anyway, while the mourning and the funeral did not cause any breach of peace, the march did not turn into a Maidan or Tahrir, and Bernard Henri Levi did not land on the Red Square, the Putin’s government got cold feet. For a long eight days Russian police looked for the murderers, and meanwhile the Yeltsin’s cadres, people of nineties assaulted Putin from within and the Western media and officials from without. President Putin is not a Genghis Khan, he is a non-confrontational bloke whose great ambition is to live in peace and harmony with the West while defending Russia’s vital interests, and observing interests of Russia’s wealthies and worthies. He also wants to be accepted as an equal among the world’s great, East and West.

Mar 08 14:49

EU Increasingly Abandons Obama on Ukraine

As reported on Saturday March 7th by both German Economic News, and Spiegel magazine, the ongoing lies and arrogance from U.S. President Barack Obama’s Administration regarding Ukraine and Russia have finally raised to the surface a long-mounting anger of Germany’s Chancellor Angela Merkel and her Government.

Mar 08 13:46

Polish Military to Instruct Ukrainian Troops Under NATO Program

The Polish military will provide training to Ukrainian troops as part of the NATO program, Polish Foreign Minister Grzegorz Schetyna said Thursday.

Mar 08 13:38

Juncker says EU army would deter Russia from aggression

European Commission president Jean-Claude Juncker has said a common European army would be a timely deterrent against further Russian aggression on the continent.

Ed comment: Further Russian aggression? The only aggression on the continent over recent decades has been that sponsored by unelected EU bureaucrats like Juncker and their democracy-exporting pals in the United States.

Mar 08 12:08

Washington Post: Ukraine unofficially has 272 percent inflation!

Whether this admission is made in the hopes of getting more funding to the Kiev regime or whether its intention is to signal that it is time for everybody to get the hell out of Dodge is anybody’s guess, but I personally am much more inclined to believe the latter version. The WAPO actually says that “it’s hard to overstate how challenged Ukraine is” and “Ukraine’s annual inflation is already 272 percent, and, even worse, is picking up speed. Indeed, its monthly inflation rate is 64.5 percent—which translates to 39,000 percent inflation over a year—more than enough to qualify it for “hyperinflation” status” (read the full article, it is very interesting).

Mar 08 11:24

Greek riot police fire teargas to disperse demonstrators

Greek riot police fire teargas to disperse protesters demanding the release of all immigrants and refugees outside one of the country’s largest detention centers.

Clashes broke out on Saturday after police forces used tear gas to disperse protesters gathered outside a detention center in the southeastern city of Corinth.

Mar 08 11:07

Germany slams NATO European commander’s comments on Ukraine as ‘dangerous propaganda’ – Spiegel

A top NATO European commander’s exaggerated comments on the Ukrainian conflict are ‘dangerous propaganda,’ and put the West at risk of losing credibility, sources in the German Chancellor’s Office told Der Spiegel.

General Philip Breedlove made harsh remarks on the situation in Ukraine on Wednesday, saying that the self-defense forces, with the assistance of Russia, have prepared “over a thousand combat vehicles” and “sophisticated air defense, battalions of artillery” in the south-east of the country.

“What is clear is that right now it is not getting better, it is getting worse every day,” NATO's Supreme Allied Commander Europe (SACEUR) concluded.

Mar 08 10:34

Germany Has Had Enough With US Neocons: Berlin “Stunned” At US Desire For War In Ukraine

?While Russia’s envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are “dreaming of Russian Maidan,” Washington has a bigger problem… Germany. As Der Spiegel reports, while US President Obama ‘supports’ Chancellor Merkel’s efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin’s approach. And NATO’s top commander in Europe hasn’t been helping either with sources in the Chancellery have referred to Breedlove’s comments as “dangerous propaganda.”

This is the view of Russia’s permanent envoy to NATO:

“The speech in Riga demonstrates the concern about Russia’s democracy and internal policy. At last, now we know that NATO has a dream, and this dream is a Maidan in Russia,” Aleksandr Grushko said in comment that was tweeted through the Russian representation office in the alliance.

Webmaster's Commentary: 

From the putsch in Ukraine last year right through to the present day, the US government has not wanted a "diplomatic resolution" to the duly elected government there having gotten thrown under a bus; the warmongers in Sodom on the Potomac have wanted war with Russia, to prevent the rise of both the ruble and Russia's economy.

The only thing "stunning" about this is that it has taken the German government so long to wake up to this reality.

Mar 08 10:31

Germany Has Had Enough With US Neocons: Berlin "Stunned" At US Desire For War In Ukraine

While Russia's envoy to NATO notes that statements by the deputy head of NATO testify to the fact that the leaders of the bloc want to intervene in Russia’s internal politics, and are "dreaming of Russian Maidan," Washington has a bigger problem... Germany. As Der Spiegel reports, while US President Obama 'supports' Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis, hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either with sources in the Chancellery have referred to Breedlove's comments as "dangerous propaganda."

Mar 08 10:24

Europe, The Morally Bankrupt Union

The European Union is busy accomplishing something truly extraordinary: it is fast becoming such a spectacular failure that people don’t even recognize it as one. People have no idea, they just think: this can’t possibly be true, and they continue with their day. They should think again. Because the Grand European Failure is bound to lead to real life consequences soon, and they’ll be devastating. The union that was supposed to put an end to all fighting across the continent, is about to be the fuse that sets off a range of battles.

Mar 08 10:15

Heta Damage Spreads in Austrian Downgrades, German Losses

Austria’s decision to wind down Heta Asset Resolution AG sent ripples through the financial system, causing credit rating downgrades in Austria and bank losses in Germany.

Webmaster's Commentary: 

Are the dominoes starting to Fall?

Mar 08 09:12

Rothschild Seeks to Advise Ukraine Bondholders in Debt Talks

Rothschild is seeking to advise Ukraine’s bondholders in restructuring talks with a government struggling to avert default after a year of fighting with rebels crippled its economy. The company’s Paris-based sovereign advisory team has been in contact with creditors, Giovanni Salvetti, who handles central and eastern Europe and the Commonwealth of Independent States. Bondholders are bracing for harsh terms as the looming debt revamp drove the nation’s $2.6 billion of notes due in July 2017 below 50 cents to the dollar since mid-February.
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Mar 08 07:26

Greek riot police fire teargas to disperse demonstrators

Greek riot police fire teargas to disperse protesters demanding the release of all immigrants and refugees outside one of the country’s largest detention centers.

Mar 08 07:05

Crosstalking: Bibi’s dud

Iran and the West are close to accomplishing what so many in Washington and Tel Aviv are terrified of – a negotiated end to the Western standoff with Iran.

CrossTalking with Mohammad Marandi, Gareth Porter, and Chuck Freilich.

Mar 08 07:00

The Enemy is Not Russia or Putin

The enemy is not Russia or Vladimir Putin. The enemy is hypocrisy.

It has been just over a year of growing and escalating crisis in Europe since the Maidan Square protests in Kiev succeeded in toppling Ukrainian president Viktor Yanukovych in February 2014.

It saw the likes of US Senator John McCain – a man whose quest for a new Vietnam War never ends – travelling to the country to personally urge on the demonstrators in Kiev alongside Britain’s Catherine Ashton, representing the EU.

Mar 08 06:56

We saved Jews 3 times, Netanyahu should revise history lessons – Iranian FM

Iran has no intention of destroying Israel and has actually saved the Jews three times in history, but the current Israeli regime is a threat to Tehran, Iranian Foreign Minister Mohammad Javad Zarif has said.

“Israel threatens to use force against Iran almost on a daily basis… Of course, if they did use force against Iran, we would defend ourselves, as we have done with great sacrifice in the past. But we are not invading, we are not threatening anybody. We have not threatened anybody for 250 years,” the Iranian FM said.

“We never had the bomb. We will never have a bomb. We’re not looking to have a bomb. We do not believe a bomb is in our interest. Whereas [Netanyahu] does have a bomb. He has 200 nuclear weapons,” he said.

Mar 07 16:30

EU won’t be pushed into confrontation over Ukraine – foreign policy chief

The EU is resisting calls from hotheads to supply arms to Ukraine, saying it won’t be pulled into a confrontation with Russia. Europeans cite the progress in implementing a ceasefire in eastern Ukraine between Kiev and local rebels.

Mar 07 09:50

?EU won’t be pushed into confrontation over Ukraine – foreign policy chief

The EU is resisting calls from hotheads to supply arms to Ukraine, saying it won’t be pulled into a confrontation with Russia. Europeans cite the progress in implementing a ceasefire in eastern Ukraine between Kiev and local rebels.

The idea of providing lethal aid to Kiev is popular among many NATO officials and American politicians. US House Speaker John Boehner and a bipartisan group of top lawmakers called on President Barack Obama to deliver the weapons. But Europeans are opposing the move, which would likely escalate tensions with Russia.

“The European Union today is extremely realistic about developments in Russia. But we will never be trapped or forced or pushed or pulled into a confrontative [sic] attitude,” the EU’s Foreign Policy Chief Federica Mogherini told the media on Friday, following an informal meeting of EU foreign ministers in Riga, Latvia.

Mar 07 09:36

Europe Blocks U.S. from Racing to War Against Russia

On Friday, 6 March, President Obama placed temporarily on ice his planned increase in weapons and soldiers to help the Ukrainian Government to ‘defend’ Ukraine against the ‘terrorists’ in Donbass, which is the Ukrainian region that had voted 90% for the President whom the Obama Administration overthrew in February 2014. (Here is where the EU first learned, on 26 February 2014, that the overthrow of Viktor Yanukovych had been a coup instead of a genuine popular revolution.) Obama replaced that Government with a racist-fascist anti-Russian regime, which quickly set about exterminating as many residents of Donbass as possible, as quickly as possible (calling them ‘terrorists,’ for their refusal to be ruled by the new Obama-imposed, anti-Russian, Government).

Mar 07 09:29

Austerity Ireland: Thousands to protest national broadcaster’s ‘biased reporting’

Thousands of anti-austerity campaigners are expected to gather outside the headquarters of RTÉ, Ireland's national broadcaster, on Saturday to protest against what they say is biased reporting that represents the interests of a marginal elite.

Mar 07 06:58

German Recovery? Don't Bet on It

For those impatient to proclaim a Western recovery, this Reuters article is for you. It tries to make the case that the numbers are finally turning favorable for Germany and perhaps for parts of Europe as well.

We can't help recall the talks of green shoots some four years ago, or the constant din of recovery predictions that have been proffered in the mainstream media since then. We observed around that time that there likely would be no real recovery, only an upward surge of securities mart averages in the US and abroad as central banks pumped money into the financial sector while pretending that its Keynesian stimulation would benefit the working class.

Mar 07 06:26

Kerry Re-writes History of U.S. Support for Color Revolutions

U.S. Secretary of State John Kerry either has a blind spot when it comes to the last 15 years of U.S. foreign policy or he told a big whopping lie in Geneva. Kerry, in defining U.S. action in Ukraine, said that «We [the United States] are not involved in multiple color revolutions». Someone in Kerry’s position should know better. After all, he is not only the chief foreign policy officer of the United States but he served as chairman of the Senate Foreign Relations Committee from 2009 to 2013 and was a member of the committee from the very outset of America’s «themed» or «color» revolutions, beginning with the October 5th Revolution, which overthrew Serbian president Slobodan Milosevic in 2000.

Mar 07 05:52

Washington Yanks British Bulldog into Line

The gross interference by Washington in Britain’s forthcoming election on the vital issue of budgetary priorities clearly demonstrates that British «democracy» is but an appendage to an American leash. And the leash is being yanked to pull the snarling bulldog into line.

In a brazen show of bringing-to-heel in their «special relationship», American political and Pentagon chiefs are openly rebuking the British government to maintain its huge military spend on the NATO alliance – to the possible detriment of already withering public services in austerity-clobbered Britain. The imposition by Washington raises serious questions about the nature of democracy in Britain – the self-proclaimed «Mother of all Parliaments».

Mar 07 05:44

Bibi Joffrey and the Flower of Zion

The walls are thick and strong beyond imagining, but the elders who sleep in the bowels of Zion know that this rumbling at their foundation marks well their inevitable fall.

The first great stone has hit the ramparts of Zion. The elders within the walls, down in the bowels of the fortress, have sat bolt upright, as they have felt the unmistakable rumbling vibration. Their eyes, which are usually narrow with the self-regard of the power of their own devious cunning, have suddenly gone wide with fear, as instantly they know that the inevitable has arrived upon them.

As another great stone finds the wall, and shakes the very air, these elders fly from their beds with great alarm.
The walls are thick and strong beyond imagining, but the elders who sleep in the bowels of Zion know that this rumbling at their foundation marks well their inevitable fall.

Mar 07 03:26

France, Belgium condemn Mali restaurant attack that kills 5

(*AP) Belgian Foreign Minister Didier Reynders said one Beligan was among the victims of the “cowardly act of terror.”

Hollande said he “condemns with the greatest force the cowardly attack” against La Terrasse restaurant, located in a district of expatriates. Hollande said that he will meet with Mali’s President Ibrahim Boubacar Keita to show his support, much as the Malian leader had come to Paris to show his support in the wake of the Charlie Hebdo attacks in January.

Mar 06 16:28

Quantitative easing imminent as ECB boss Mario Draghi fires €1.1trn starting gun

The European Central Bank boss Mario Draghi declared an end in sight to the eurozone’s economic woes yesterday as he prepared to fire the starting gun on a €1.1trn (£798bn) quantitative easing programme within days.

Mar 06 16:21

Greece Proposes To Become A Tax-Collecting Police State: Will "Wire" Tourists And Unleash Them As "Tax Inspectors"

"We propose the following: that large numbers of non-professional inspectors are hired on a strictly short-term, casual basis (no longer than two months, and without any prospect of being rehired) to pose, after some basic The very 'news' that thousands of casual "onlookers" are everywhere, bearing audio and video recording equipment on behalf of the tax authorities, has the capacity to shift attitudes very quickly, spreading a sense of justice across society and engendering a new tax compliance culture - especially if combined with the appropriate communication of the simple message that the time has come for everyone to share the burden of public services and goods."

- Yanis Varoufakis

Mar 06 16:19

Ukraine Energy Minister: EU Should Share Transit Risks, Help Pay for Gas Storage

Ukrainian Minister of Energy and the Coal Industry Vladimir Demchishin has suggested the EU should partly pay the costs for filling underground gas storage facilities in his country to cut the risk of possible interruptions in transit to Europe.

Translation: Pay our bills for us, as we are incapable of doing so ourselves!

Mar 06 15:11

As Hawks Urge Obama to Send Weaponry to Ukraine, EU Officials Push for Peace

Even as some U.S. and European officials urged the Obama administration not to provide weaponry and further military assistance to Ukraine—among the options being weighed by the White House—the second-highest ranking U.S. diplomat warned on Friday that pressure to arm Kiev-backed government forces would increase if aggression from pro-Russian separatists persisted.

Mar 06 14:36

Spain - Scandal as 40 to stand trial in Popular Party corruption case

A Spanish judge on Thursday ordered 40 people, including three former treasurers of the ruling Popular Party, to stand trial over an alleged kickback scheme at the heart of the party.

Mar 06 10:26

GREECE: IS THIS THE SYRIZA GAME PLAN?

Mar 06 08:56

Russia invites NATO Members to Security Conference: Experts warn about Risk of unwanted Nuclear War

Russia has invited all NATO member States and the NATO leadership to attend a security conference in mid-April, said the Russian Deputy Defense Minister Anatoly Antonov. The invitation comes against the backdrop of deteriorating relations between members of the Atlantic Alliance and Russia. Meanwhile, during a recent symposium, experts warned about the risk of a military escalation that includes the use of nuclear weapons, whether it be wanted or unwanted.

Mar 06 08:05

Spain judge orders trial of 40 officials over graft

A Spanish judge has ordered the trial of 40 individuals, including former mayors and businessmen affiliated to the ruling Popular Party (PP), on charges of involvement in a kickback scheme and alleged corruption crimes.

Mar 06 07:59

Almost 100 families evicted daily in Spain – statistics

At least 95 families were evicted every day in Spain in 2014, fresh statistics say as Spaniards struggle to meet mortgage payments. Home foreclosures have become a stark symbol of the 7-year economic crisis, with 2014 seeing a further rise in numbers.

Mar 05 16:32

Pound now buys more than €1.38 as ECB's bond-buying plan weakens euro - and sterling 'could reach €1.50 this year'

The euro has fallen to new seven-year lows against the pound and 11-year lows versus the dollar after the European Central Bank said its new government bond-buying programme will kick-off next week and last until at least September 2016.

The ECB's attempt to kickstart the ailing eurozone economy by spending €60billion a month on buying sovereign bonds saw the euro tumble today. Against the dollar it came within a sliver of $1.10 - its lowest since early September 2003.

Against the pound the euro fell to 72.3p, or €1.384 to the pound - a level last seen in December 2008. And analysts suggested the euro has even further to fall and could hit 65p by the end of the year. That would get British holidaymakers €1.50 to the pound - an exchange rate that has not been seen since February 2007.

Mar 05 15:19

Moscow condemns EU attempts to use Victory Day anniversary for attacks on Russia

Attempts to distort the truth about World War II are an insult to the memory of the victims of Nazism and millions of Soviet soldiers who died for the liberation of Europe, Russian Foreign Ministry spokesman Alexander Lukashevich told a briefing on Thursday.

"We condemn the desire of the European Union to use the upcoming VE-Day anniversary for new attacks on Russia," he said. "We call on the EU to stop playing along with the openly revanchist sentiments of some of its members used in an opportunistic attempt to revise the results of World War II and the decisions of the Nuremberg Tribunal."

Mar 05 15:18

Russia can play key role in resolving Libya crisis — Italian PM

Italy’s Prime Minister Matteo Renzi has said that Russia can play a decisive role in resolving the Libya crisis and in the fight against terrorism.

Speaking to reporters after talks with Russian President Vladimir Putin, Renzi said that the Libya crisis and a threat of the spread of terrorism and extremism were on the table among other issues.

"We agreed that our countries should help boost efforts in that direction," Renzi said adding that "Russia’s role in the UN Security Council is of crucial importance and besides, Russia’s ties with Egypt could help."

Mar 05 11:37

US Army Official: Atlantic Resolve May Expand

The US military's plans to send troops into Romania and Bulgaria as a deterrence to Russian aggression could expand to include Hungary, the Czech Republic and Russia's southern neighbor, Georgia, according to a US Army official spearheading the effort.

Webmaster's Commentary: 

This is troubling. coming as it does with the story about 6 NATO warships now in the Black Sea for military drills. Anyone wishing to get WW# really cranked up could launch an attack against one of the ships and frame Russia for it.

Mar 05 11:20

Rothschild warns of 'chaos, extremism' and 'horrendous' problems in Europe

Jacob Rothschild, the 78 year-old banker and chairman of RIT Capital Partners, has delivered savers in the £2.3bn trust a stark warning about global instability and the fragility of future returns.

Mar 05 11:08

ECB ready to start printing money next week

E.C.B. to Begin Bond-Buying Program on Monday

Bond buying is a way for the European Central Bank to effectively print money and inject it into the economy. But confidence in the central bank’s ability to rekindle inflation could suffer if the market is so tight that it is unable to meet its goal of buying €60 billion of debt a month.

Mar 05 10:01

ECB Will Cut Rates To Minus 3%: JP Morgan

Should a tail event such a deflationary spiral or Grexit occur, limits on ECB asset purchases will put Mario Draghi at a disadvantage as other central banks race to the bottom. JP Morgan says this will force the ECB to cut interest rates for cash deposits to minus 3% while the dollar will appreciate by 20%, reaching parity with euro in 2015.

Mar 05 07:54

Council of Europe Extends Sanctions Against Former Ukraine President

The Council of Europe extended EU restrictive measures against Ukraine’s former President Viktor Yanukovych and members of his entourage.

Mar 05 07:22

The CIA Secret Prisons in Europe. Political Camouflage in the EU. Washington’s “European Partners in Crime”

It is common knowledge that at end-January 2015 the global movement Amnesty International published a report, titled “Breaking the conspiracy of silence: USA’s European “partners in crime” must act after Senate torture report”, which throws further light upon the information gathered within the US Senate investigation into torture methods, applied by the Central Intelligence Agency, by referring to media reports on the way CIA-operated secret detention sites were run in Europe – in particular, on the territory of Lithuania, Poland and Romania.

Mar 05 07:16

IMF’s Director Batista: Greek bailout was ‘to save German & French banks’

‘This was never said officially before! “They gave money to save German and French banks, not Greece,” Paolo Batista, one of the Executive Directors of International Monetary Fund told Greek private Alpha TV on Tuesday. Batista strongly criticized not only the euro zone and the European Central Bank but also the IMF and the Fund’s managing Director Christine Lagarde for defending Europe much too much..

He urged Greece to directly negotiate with the IMF and favored the restructuring of the Greek debt that is been hold by the European partners.’

Mar 05 06:46

Europe to start €1.14trn ‘easy money’ program on March 9 - ECB President

The European Central Bank will kick off its monthly €60 billion purchases of government bonds and private sector assets next Monday, said the head of the ECB Mario Draghi.

Webmaster's Commentary: 

Because after all, look how well it worked in the US!

Mar 05 06:42

ECB Will Cut Rates To Minus 3%: JP Morgan

...the ECB is now close to running out of ammunition. The true constraints on further ECB intervention lie in the 25 per cent issue limit and 33 per cent issuer limit on its sovereign bond purchases.

Except for Greek debt, the 25 per cent and 33 per cent caps should not prove binding in a scenario where the ECB keeps its monthly asset purchase pace of €60bn. However, the limits could be reached in worst-case scenarios where the ECB would have to boost the size of its QE programme or implement OMTs targeted on specific sovereigns.

Mar 05 06:38

Anti-austerity protest held in Cyprus

Several thousand Cypriots have staged a protest rally in the capital, calling on the government to end austerity policies they say have driven many in the bailed-out country to poverty.

Webmaster's Commentary: 

Austerity: Steal from the poor to give to the rich!

Mar 04 16:57

The CIA Secret Prisons in Europe. Political Camouflage in the EU. Washington’s “European Partners in Crime”

It is common knowledge that at end-January 2015 the global movement Amnesty International published a report, titled “Breaking the conspiracy of silence: USA’s European “partners in crime” must act after Senate torture report”, which throws further light upon the information gathered within the US Senate investigation into torture methods, applied by the Central Intelligence Agency, by referring to media reports on the way CIA-operated secret detention sites were run in Europe – in particular, on the territory of Lithuania, Poland and Romania.

Mar 04 16:39

IMF Director Admits: Greek Bailout Was "To Save German & French Banks"

For the first time in public, though practically the entire world assumed it, an official from The IMF has admitted that the various Greek bailouts were not for The Greeks at all... "They gave money to save German and French banks, not Greece,” Paolo Batista, one of the Executive Directors of International Monetary Fund told Greek private Alpha TV on Tuesday. As KeepTalkingGreece reports, Batista then went on to strongly criticized not only the euro zone and the European Central Bank but also the IMF and the Fund’s managing Director Christine Lagarde for defending Europe much too much...

Mar 04 14:30

Recession is getting worse, not better, says Irish homeless charity

The recession is not ending — it is getting worse, according to one of the biggest providers of hot meals for homeless people in Dublin.

Mar 04 11:37

IMF Stands Firm, Forcing Greece and Syriza to Accept Hard Concessions

Last week Greece received a four-month extension of its $277 billion bailout program. The parliaments of Finland, Estonia and, most importantly, Germany, as well as Greece’s other EU partners, approved the bailout program that was agreed to Feb. 20, provided that Greece submit a list of planned reforms. Greece submitted six pages of reforms last Monday, but not all of Greece’s creditors think they are sufficient.

Mar 04 10:34

US TO DEPLOY SIX NATIONAL GUARD COMPANIES TO UKRAINE THIS WEEK

US 173rd Airborne Brigade Commander Michael Foster said at the Center for Strategic and International Studies in Washington, DC said the US would deploy personnel by the end of this week to train the Ukrainian national guard.

Mar 04 10:06

Europe's Reusable Spaceplane Completes First Test Flight

A splashdown in the Pacific Ocean concluded the first successful test flight of Europe’s reusable spacecraft technology yesterday. The car-size Intermediate eXperimental Vehicle (IXV) could pave the way for a full-size reusable spaceplane. This would launch on Europe’s Vega rocket and eventually return to Earth by landing like an aircraft on a runway.

Mar 04 06:38

Azerbaijan should be very afraid of Nuland

The US’ Assistant Secretary of State for European and Eurasian Affairs, Victoria Nuland, visited Baku on 16 February as part of her trip to the Caucasus, which also saw her paying stops in Georgia and Armenia. While Azerbaijan has had positive relations with the US since independence, they’ve lately been complicated by Washington’s ‘pro-democracy’ rhetoric and subversive actions in the country. Nuland’s visit, despite her warm words of friendship, must be look at with maximum suspicion, since it’s not known what larger ulterior motives she represents on behalf of the US government.

Mar 03 22:21

Fifty Years of Imperial Wars: Results and Perspectives

Over the past 50 years the US and European powers have engaged in countless imperial wars throughout the world. The drive for world supremacy has been clothed in the rhetoric of “world leadership”, the consequences have been devastating for the peoples targeted. The biggest, longest and most numerous wars have been carried out by the United States. Presidents from both parties direct and preside over this quest for world power. The ideology which informs imperialism varies from “anti-communism” in the past to “anti-terrorism” today.

Mar 03 11:13

Netanyahu’s Big Gamble

In pursuing the strategy of preserving the perception of the Iranian threat in order to maintain the special relationship with the United States, Netanyahu is pursuing strategies that sabotage America’s own foreign policy interests...

By going over President Obama’s head to Congress, Israeli Prime Minister Netanyahu is taking a big gamble, apparently hoping that he can block any U.S. rapprochement with Iran and heighten tensions in the Middle East, a strategy that lacks both facts and logic, says Ted Snider.

Mar 03 07:20

What Is the EU's Game in the Caucasus Separatist Territories?

The European Union is making a push to raise its profile in two trouble spots in the South Caucasus, Abkhazia and Nagorno-Karabakh. Brussels insists its forays in the region are nothing more than routine diplomacy. But some observers believe the EU is hoping to push back against Russia's troublemaking in Ukraine.

Webmaster's Commentary: 

Yeah, right, "Russia's" trouble-making!

Mar 03 07:19

Russia will explore ways of softening food embargo for Greece and Hungary — minister

Russia will explore ways of softening food embargo for Greece and Hungary consistent with WTO norms, minister of economic development Alexey Ulyukayev said on Monday.

"We need to find a decision consistent with WTO norms. It is impossible to simply make exceptions for countries," the minister said.

Mar 03 07:07

Ukraine parliament begins IMF reform package debate

Ukraine’s parliament has commenced debating a reforms package required by the International Monetary Fund (IMF) as a prerequisite for a multi-billion-dollar aid package.

Webmaster's Commentary: 

Here comes the Austerity! Wealth for the bankers and poverty for the Ukrainian people!

Mar 03 06:41

Gardasil Vaccine: Spain Joins Growing List of Countries to File Criminal Complaints

Spain now joins a growing list of countries where criminal lawsuits have been filed against manufacturers of the HPV vaccine, which includes France, India, Japan, and many more.

In the United States, however, you cannot sue the manufacturers of vaccines, as they are protected from civil criminal prosecution. As a result, marketing efforts to increase the sale and distribution of the HPV vaccine are increasing.

Mar 03 06:24

Austria stops payments on Hypo 'bad bank' debts

Austria has announced it is halting payments on more than €11 billion ($12.28 billion) in debts of the failed Hypo Alpe-Adria-Bank International AG until it has found a way of winding down the bank without imposing more costs on taxpayers.

Mar 02 15:00

Bulgarian companies proceed with South Stream gas pipeline project — ambassador

Bulgarian companies continue their work on Russia’s South Stream natural gas pipeline project fulfilling all their contractual obligations although Russia announced last year the suspension of its project, Bulgarian diplomat said on Monday.

Russian President Vladimir Putin announced on December 1 that the project to build the South Stream gas pipeline was closed due to the European Union’s unconstructive approach to cooperation in that sphere, including Bulgaria’s decision to suspend the construction of the pipeline’s stretch on its territory.

Mar 02 13:27

NATO rolls out 'Russian threat' in budget battle

NATO member-states unwilling or unable to help boost the military spending are being accused of ignoring the “Russian threat,” that has re-emerged as the core of the alliance’s agenda to boost arms sales.

A report saying one of major NATO funding contributors, the UK, could fail to fulfil the commitment to spend 2 percent of its GDP on the alliance in 2015 came as a bombshell for some of the West’s military elite.

Mar 02 13:24

As Greek Default Fears Return, Government Considers "Borrowing" Pensions To Repay IMF

Greek short-term default risk jumped over 300bps today putting the odds of a restructuring at 50-50 within the next year as the warnings we issued last week with regard Greece's imminent default on its IMF loan loom. Seeking to reassure its lenders (and avoid yet more capital flight), Reuters reports the Greek government said it was "exploring solutions," including delaying payments to suppliers or try to raise up to 3 billion euros by borrowing from state entities such as pension funds.

Webmaster's Commentary: 

Sounds like an interesting idea, until you realize the US Government did just that back during the Clinton years, "borrowing" from the Social Security trust fund ... and they have never been able to pay it back!

Mar 02 07:52

Hundreds of Farmers Block Roads in Protest of Monsanto’s GMO Crops

Poland’s largest farmer uprising ever has occurred as convoys of tractors took to the roads recently in protest of GMO infiltration and land grabs by biotech and Big Ag corporations.

Mar 01 10:50

Sweden calls Nemtsov killing 'an execution'

Sweden's Foreign Minister Margot Wallström has described the killing of Russian opposition leader Boris Nemtsov of further evidence of "Putin's reign of terror with regards to security, human rights and democracy".

Webmaster's Commentary: 

The strongest reason to doubt that Putin had anything to do with the assassination of Nemtsov is the manner in which it was done, a shooting in public near the Kremlin; circumstances clearly intended to generate the maximum publicity.

Here in the United States the government gets rid of its enemies in small plane crashes, single car accidents, or by means of staged suicides. Putin, being former KGB, is just as knowledgeable about such sophisticated means of covering a murderer's tracks. Had Putin wanted Nemtsov dead, we would have heard that Nemtosov had suddenly become very depressed over his failing political fortunes, and decided to kill himself.

Thus, Nemtsov's assassination, as public as it was, was done by others to frame on Putin, to destabilize Russia, not unlike the Kiev snipers who fired on both sides, then framed Yanukovich for it, to drive him from his elected office a year ago.

Mar 01 08:23

US to Send Arms to Ukraine Using Private Contractors - Hacker Group

Washington plans to use Western private military contractors to deliver weapons to Ukraine. Once arms are delivered, these companies will send their “volunteers” who will come to make good use of these weapons.

Mar 01 08:12

Greenspan says shattering of European Union will begin with imminent Greek implosion

The former chief of the U.S. Federal Reserve says it is just a matter of time before the European Union implodes, along with its currency, following what he believes will be a "Grexit" -- a Greek exit -- from the EU.

Feb 28 09:15

Russia Could Make China King of the South China Sea

America should think twice about arming Ukraine as Russia could easily help China achieve its dreams in the South China Sea.

Feb 28 09:14

Will 'Mistress Europe' Show the American the Door?

It's an age-old, tragic relationship. The mistress and her gadfly, selfish male-benefactor, who is really not a benefactor, but instead is more like her jealous, despotic jailer. Oh yeah, sure, he festoons her with cute presents now and again, chocolates, stockings, perfumes and the like. He also professes ardent devotion and vows to protect her. In return she gratifies his basic needs. But when it gets down to it, the mistress is dispensable, a plaything that is brutally discarded when he is done.

Feb 28 08:38

What the BRICS plus Germany are really up to?

Winston Churchill once said, “I feel lonely without a war.” He also badly missed the loss of empire. Churchill’s successor – the ‘Empire of Chaos’ – now faces the same quandary. Some wars – as in Ukraine, by proxy – are not going so well.

And the loss of empire increasingly manifests itself in myriad moves by selected players aiming towards a multipolar world.

So no wonder US ‘Think Tankland’ is going bonkers, releasing wacky CIA-tinted “forecasts” where Russia is bound to disintegrate, and China is turning into a communist dictatorship. So much (imperial) wishful thinking, so little time to prolong hegemony.

Feb 28 08:04

The Scourge of US-Installed Fascism in Europe's Heartland

Obama bears full responsibility for replacing Ukraine's democratically elected government with Nazi lunatics.

Russia's lower house State Duma Speaker Sergey Naryshkin said "(t)he guilt of the United States of America for (what happened) is considerable and obvious to the entire world."

Ukraine's crisis "poses a risk to international security, first of all to European security."

Russian Foreign Minister Sergey was clear and unequivocal saying:

"For a quarter of century, the key principles of the United Nations had been systematically violated."

Feb 28 07:57

Greek PM says 'forget about third bailout'

Greece won’t be seeking a third international bailout after the four-month extension of its current program expires, Greek Prime Minister Alexis Tsipras said.

In a televised speech to his government, Tsipras also said the country has requested a reduction of its debt, despite European creditors demanding that Greece pay it in full.

Feb 28 07:56

Italian MPs vote for Palestinian state, but conditions ‘disappoint’ PLO

The Italian parliament has become the latest major European legislative assembly to push for the creation of a Palestinian state alongside Israel, after a decisive vote Friday. However, deputies nixed a motion for the immediate recognition of Palestine.

Proposed by the ruling center-left Democratic Party, the motion vowed to “unconditionally support the goal of establishing a Palestinian state living side by side in peace, security and prosperity next to the state of Israel, on the basis of mutual recognition and total assumption of common commitment to ensure citizens to live safely and protected from all violence and acts of terrorism.”

The proposal suggested the two countries should return to the pre-1967 borders, and share Jerusalem as the capital.

Feb 27 11:46

Moscow threatens Washington painful countermeasures in case of new sanctions

Google translate: As informs "Interfax", said Deputy Minister of Foreign Affairs of Russia Sergei Ryabkov.

"We leave for all options, including used and, if necessary, will be applied fairly painful countermeasures," - said a senior diplomat.

On the eve of the US State Department spokesman Jen Psak said that the United States continues to consider the possibility of imposing sanctions on Russia in the case of deterioration of the situation in Ukraine.

Feb 27 10:25

NATO Eyes Air Defenses Over Fears Putin Will Target Baltics

NATO's newest members are nervous.

Troops are being trained up and reinforced. A new "spearhead force" is in the works. Fighter jets are scrambling. Military maneuvering is ramping up amid mounting concerns that Russian President Vladimir Putin will broaden his gaze beyond Crimea and Ukraine to the Baltic nations.

Valdis
Valdis Dombrovskis, vice president of the European Commission, warned that Russia was redrawing the map of Europe by force. Britain's Defense Secretary Michael Fallon last week said there was a "real and present danger" Russia's president would seek to destabilize Estonia, Latvia and Lithuania — all small NATO members with enough legitimate issues of disenfranchisement among their Russian minorities to make them prime potential targets for any Putin push.

Webmaster's Commentary: 

A memo to Valdis Dombrovskis: sir, have you gone absolutely foaming-at-the-mouth, barking MAD, to make these accusations in public?!?

It is disturbing to me that NATO could come to this conclusion only on the basis of trumped-up accusations with no basis in fact whatsoever. And just in case you are having a bad case of SMD (selective memory disorder) regarding Russia, let me gently acquaint you with the facts of the matter here.

1. The legitimately elected President of Ukraine was deposed in a European/US/ECB-sponsored coup. Poroshenko was then imposed on the people of Ukraine in an election more crooked than a dog's hind leg.

2. Crimea, which had been a part of Russia, and is Russian- speaking, was annexed by Kruschev, himself a native Ukrainian, in the 50s. When the government of Crimea realized that the legitimate government of Ukraine had been done away with, they requested, in what was characterized as a free and fair referendum, to join the Russian Federation.

3. Russia did not "annex" Crimea: Crimea asked to joinn the Russian Federation, because the legitimate government of Ukraine was destroyed in the putsch.

4. The Russia bashing I am seeing, both here in the US and abroad, coupled with the sanctions against it for no earthly rational reason, appear to be a prelude to some huge false flag, to be blamed upon it, as a pretext for war against it, to prevent the US dollar from losing its position as the world's primary currency.

5. NATO's ability to fight, and win, a war against Russia is tricky proposition at best; look how horrificically NATO has failed and flailed in Afghanistan, against a people with only relative primitive weapons.

ANY QUESTIONS, EU COMMISSION VICE PRESIDENT DOMBROVSKIS?!?

Feb 27 09:36

NATO ready to advise Libya on security, eyes more drones

NATO's chief said Thursday the alliance was ready to advise Libya's government on defense and security issues, saying the deteriorating situation in the country is posing new security threats for Europe that require a more robust defense.

Secretary-General Jens Stoltenberg also told a news conference in Rome that the alliance plans to bolster its surveillance of the region by using drones based at the air station in Sigonella, Sicily, starting next year.

Webmaster's Commentary: 

Memo to NATO'S Secretary-General Stoltenberg: you do not have the luxury of waiting until "....next year." militarily.

The only option NATO has is another invasion of Libya, followed by a despotic NATO occupation of Libya.

And we all know just how well that works, with the "Afghanistan model", fresh in our minds.

Feb 27 07:50

Is fascist America ready for total war against Russia and China?

The debate to mark the 70th anniversary of victory over fascism and the adoption of the UN Charter has recently taken part in New York. Yet, fascism as the destruction of a certain category of humans for the sake of exceptionalism of another category of humans has become the state ideology of the United States. To make matters worse, the UN does not fulfill its functions of a peacemaker.

Feb 26 12:07

Russia Signs Military Deal With EU Member State

Russian navy ships will now have access to stop off at ports in Cyprus, while Moscow will continue to provide the Mediterranean country with debt relief, following an agreement by Russian President Vladimir Putin and Cypriot leader Nicos Anastasiades.

Feb 26 11:31

Billboard campaign launched in Ireland to recognize Palestine

A Palestine solidarity group in Ireland on Wednesday launched a billboard campaign to urge the Irish government to support the recognition of Palestine.

Feb 26 07:48

European court rules environmental groups can't legally oppose EU institutions; only corporations get a say

In a recent decision, the European Court of Justice ruled that environmental non-governmental organizations and other NGOs possess no right to file actions with the court, meaning they cannot legally oppose any European Union institution -- though profiteering global corporations have had, and will continue to have, access to court.

As noted in a press release from the Pesticide Action Network (PAN), the ruling has serious implications in that groups opposed to GMO crops, for example, now appear to have been shut out of the judicial process.

Feb 25 16:05

Poland likely to send military advisers to help Ukraine – defense aid

Poland may follow the UK’s lead and send military advisers to Ukraine to help train the country’s troops. An aid to the Polish defense minister says a final decision will be made in March with the number expected to be under a hundred.

Feb 25 09:54

Cyprus signs military deal with Russia

Cyprus on Wednesday signed a deal with Russia allowing its navy ships to make regular port calls on the island.

The deal with European Union member Cyprus, which also hosts British military bases, comes amid Russia-West tensions over Ukraine, the worst since the Cold War times.

Feb 25 08:56

Spanish prime minister warns against populist rhetoric

Spanish Prime Minister Mariano Rajoy has warned that populism and demagoguery would be no option out of the country’s economic situation.

In his last annual state of the nation debate on Tuesday, Rajoy warned against what he called demagoguery in politics, which according to him, would risk Spain’s plans for economic recovery and reaching welfare.

“It is not with demagoguery that we can maintain the welfare state,” Rajoy said.

The Spanish leader was clearly alluding to some emerging political parties’ continued use of populist slogans in the run-up to a series of elections in the country which could end in a huge loss for the ruling government.

Webmaster's Commentary: 

In other words, what happened in Greece may happen in Spain.

Feb 25 08:55

The Troika’s Message to the New Greek Government: We Don’t Care About Humanitarian Issues

Since 2010 the troika, consisting of the International Monetary Fund, the European Central Bank and the European Union’s commission, has forced different governments in Athens to implement six consecutive austerity programs which have severely lowered the living standards of working people, devastated Greece’s social systems and plunged millions into poverty. This is why on 25 January, the majority of the Greek population decided to vote for a party that raised their hopes for a better future by promising an end to austerity.

Four weeks later this dream has been shattered. In last week’s negotiations the troika left no doubt that it will not deviate from its path of insisting on the unrestricted continuation of austerity politics. In other words: The working people of Greece will have to keep filling the gaps in the state budget generated by the bank bailout in the beginning stages of the Euro crisis.

Webmaster's Commentary: 

Hey Greece; look at how Russia just handled Cyprus!

Feb 25 08:41

Russian sanctions create broader problems for entire EU– Cyprus president

EU sanctions against Russia over the Ukraine crisis have neither proved effective, nor met the expectations of those who imposed them, but brought huge losses, said Cyprus President Nikos Anastasiadis ahead of a visit to Moscow.

The sanctions have not only complicated the economic situation in many European countries, but brought no prospects of peace for the Ukrainian people, said Anastasiadis in an interview to TASS.

Feb 25 08:23

Rare shooting spree in Czech Republic

The Czech government has ruled out terrorism as the motive for a resident's fatal shooting of eight people in a restaurant in the eastern town of Uhersky Brod. Police say the gunman then killed himself.

Webmaster's Commentary: 

The reason this story isn't getting a lot of coverage in the US is the shooter did not have an Arab name!

Feb 25 08:21

U.S. military vehicles paraded 300 yards from the Russian border

U.S. military combat vehicles paraded Wednesday through an Estonian city that juts into Russia, a symbolic act that highlighted the stakes for both sides amid the worst tensions between the West and Russia since the Cold War.

Feb 25 08:20

US and British army parade 300 yards from Russia border

US army vehicles and British soldiers paraded through the streets of an Estonian city just 300 yards from the Russian border yesterday, in a display of Western unity against the encroaching threat from Moscow.

Armoured vehicles from the US Army's Second Cavalry Regiment and British troops were officially taking part in a military parade marking Estonia's Independence Day, but the choice of location was deeply symbolic.

Feb 25 08:02

BREAKING – Bank of England Admits 22% of Austria’s GOLD IS GONE

The article below is translated from German language. Later this week Sean, from SGTReport and I will be speaking with Peter Boehringer about this situation, along with other current affairs. Peter sent this news to me around midnight Tuesday February 24, 2015. This is significant due to the fact the Bank of England has now admitted Austria’s gold is gone!! What other gold is missing?

Feb 24 18:08

The Reason Why The Eurogroup Rushed To Approve The Greek Reform Package?

As we noted earlier today, there was some confusion over the plight of the Greek reform proposal document, which initially was said to have been delayed until today, only for the Troika, pardon, Institutions, to flip around and say they had actually received it before midnight on Monday. How could the two be possible? Courtesy of Yannis Koutsomitis, who had the simple but profound idea of looking at the properties tab in the leaked Varoufakis draft of the agreed to proposals, we now know.

As it turns out, the reason why not only the Troika received an agreed to version of the Greek reform proposals "before midnight on Monday", but rushed these through with a favorable agreement today, is that, drumroll, the European Commission drafted the entire letter!

Feb 24 15:32

Market Whispers: The stinks!

The Euro Group has agreed to the proposals of Greece to reform - but the author of the proposals is unlikely to Greece, but the European Commission have been! That explains why the European Commission already praised the paper before ever it was clear that it was received by the institutions - later Dijsselbloem then claimed that the paper was shortly before midnight and thus received on time. Very strange ..

Webmaster's Commentary: 

So, it looks like the Troika had a ringer inside Syriza!

Feb 24 12:48

USA army invasion in Estonia!!! Next stop Ukraine!!!

Feb 24 12:44

No plans to ask Russia for loan restructuring — Cyprus government

Restructuring of a 2.5-billion-euro loan Russia extended to Cyprus in 2011 is not on the agenda of upcoming talks in Moscow of Cyprian President Nikos Anastasiadis, Cyprian government spokesman Nikos Christodoulides told TASS on Tuesday.

"We are very grateful and satisfied with terms for the repayment of Russian loan," he said. Russia has recently revised the initial terms of the loan, reducing the lending interest rate from 4.5% to 2.5%, while the deadline on the main debt has been moved from 2016 to 2018-2021.

Webmaster's Commentary: 

Greece take note!

Feb 24 12:36

Gazprom: Gas Supplies to Ukraine Can Stop in Two Days

Cessation of natural gas deliveries to Ukraine will jeopardize supplies to Europe

Feb 24 10:06

European Banks vs. Greek Labour

Michael Hudson says Greece's Finance Minister Yanis Varoufakis is proposing austerity on the banking class, rather than the working class, to balance the budget.

Feb 24 07:05

Greece Crisis Opinion : Troika Rises From The Dead As Draghi Leads The Charge, And Varoufakis Employs Brave Face

I don’t actually think the five-point italic hand-tying target codicils matter a damn to be honest, because they’re all unachievable anyway.

Far more relevant is what EC behaviour has been found acceptable to the Greek Government.

Did you know, for instance, that both the Gang of Four revisions, the Friday ambush, and the ELA threats/leaks to Greek banks were driven by Draghi?

Did you know that – in a direct sideswipe at rehiring Ministerial cleaners – there is a blanket ban under the agreement on any more public sector hiring?

Did you know that, just to rub in really hard that how they think the Greeks shit on their shoes, eurogroup told Varoufakis Friday that they were “handing over the judgement process to the organisation formally known as the Troika” – Draghi’s exact words. This was a direct hit on Syriza’s refusal to deal with the Troika. “Eurogroup will leave the details to this institution, who will present their view to eurogroup” he added.

Feb 23 09:58

Ukraine Gets $17.5 Billion From IMF

The IMF has put in place for the government of Ukraine a four-year extended fund facility worth about $17.5 billion. The facility was approved within hours of the announcement of a cease-fire in the battle between the Kiev government and separatists.

Feb 23 09:12

White elephants in the room: How EU projects blow billions of euros amidst austerity talks

Looking at some of the projects the EU has funded over the last decade, one would think the organization had limitless funds at its disposal. Millions across the continent are currently living in poverty following the fallout of the 2008 financial crisis. One in three Greeks is living below the poverty line, while the nation has an unemployment rate of nearly 30 percent. However, that figure is double amongst the country’s youth. Spain is not fairing much better, with almost a quarter of the working population unable to find a job.

Despite pressing needs to address these problems, the EU has been lavishing billions of euros on extravagant projects, with poor oversight into what will happen to these schemes when completed. RT looks at six ‘white elephants’ the EU has funded, which are leaving taxpayers around the European Union thinking why this was ever built.

Feb 23 09:07

Chevron ditches last European fracking project in Romania

US energy giant Chevron is terminating its operations in Romania due to poor exploration results and prolonged protests by environmentalists.The withdrawal from this fracking project will mark the end of the company’s shale gas exploration in Europe.

Feb 23 09:06

What Ordinary Greeks Think Of Friday's Deal: "We Went Through Two Months Of Agony To Realize We Are Still A Debt Colony"

"Their political problem is that this a reversal of their election position. There is absolutely nothing on the table that could be considered a concession. They're now compromising and compromising quite significantly," he told national broadcaster RTE, but made clear Athens had little choice. "The biggest threat to Greece was that their banking system would go belly up next Wednesday."

Feb 23 08:52

‘Bailout deal won’t stop Syriza from cutting austerity trend’ – Greek econ minister

Syriza is still determined to fulfill its campaign promises to cut austerity regardless of the new agreement between Athens and Eurozone ministers, a Greek economic minister told RT.

In accordance with a deal agreed to on Friday, Greece must submit a list of reforms for review to a group of bailout monitors on Monday. If the reforms are approved, Athens will secure a four month extension to Eurozone funding.

The extension provides Greece with a temporary economic lifeline, without offering permanent solutions to the debt-ridden nation.

Feb 23 08:46

This European Nation's Poverty Rate Just Hit A Record High (Spoiler Alert: Not Greece)

For the last few years - and most especially the last few months - all eyes have been focused on Greece. From record poverty rates to record suicide rates and levels of youth unemployment, post-election emboldened hopes for a phoenix-like rebirth of a nation from the flames of Eurogroup repression were seemingly dashed on Friday. However there is another nation, that begins with the letter 'G' and that is at the heart of the EU-Greece talks that is suffering seemingly silently. As Newsweek reports, poverty in Germany is at its highest since the reunification of the country in 1990, with 12.5 million residents now classified as 'poor'...

Feb 23 08:42

Even If Current Talks Are Successful, Grave Greek Problems Remain

Greece readies list of reforms to dodge bankruptcy ... Yanis Varoufakis says a bail-out extension will be "dead and buried" if international creditors do not ratify Athens' proposals ... The Greek government will put forward plans to root out tax evasion and overhaul the country's labour laws in a bid to convince creditors it should be granted a vital extension of its bail-out programme on Monday. – UK Telegraph

Feb 22 09:08

Gorbachev Says War With Russia Is Imminent

Ex Russian President Mikhail Gorbachev has said that he believes the United States is attempting to drag Russia into a war and is pulling the European Union into the situation too.

Feb 21 08:37

'Guantanamo of the East': Ukraine Locks Up Refugees at EU's Behest

Brussels is doing all it can to prevent refugees from reaching Fortress Europe, with initiatives like funding the construction of internment centers in Ukraine. Asylum seekers who have spent time there report miserable conditions and abuse.

Feb 21 08:37

Brussels makes moves to bring 'Europe's last dictator' in from the cold

Belarus president Alexander Lukashenko’s hosting of Ukraine peace talks may be having a side effect – thawing relations between the European Union and a man the west calls “Europe’s last dictator”.

Feb 21 08:36

Victoria Nuland Shocks, Irritates Germany for the Second Time

According to the report, Nuland called Chancellor Merkel’s trip to visit Russian President Vladimir Putin “Merkel’s Moscow stuff.” The atmosphere heated up; one of the senators was to have ridiculed the German Defense Minister (the “Defeatism Minister”); a reference to the Europeans’ “Moscow bullshit” was probably also made.

The top diplomat Nuland is considered conservative. In case of an electoral victory by the Republicans in the coming year, she will be considered a potential new Secretary of State. She is married to Robert Kagan, a [Ed: neo-]conservative thinker. Last year he published a text, why America must remain the undisputed leader of the world.

In the Ukraine crisis Nuland is a hardliner and a supporter of delivering weapons – unlike her President Barack Obama, she has a clear opinion on what needs to be done.

Feb 20 13:34

Greece, eurozone officials agree to extend bailout by 4 months

Greece and eurozone finance ministers have struck a deal to extend the Greek bailout by another four months with Greece given till Monday to present a list of reform measures for the creditors to review.

Feb 20 13:20

Full Eurogroup Statement On Greece

Just out from the Eurogroup, the final statement. Bottom line: Greece caves on pretty much everything, however the dreaded "Troika" words has been replaced with "institutions." Sarcasm aside, Greece has just kicked the can for four months. Why four months? Because that's just ahead of the big Greek debt maturity.

Feb 20 13:03

Greece, euro zone creditors reach accord on loan

Euro zone finance ministers reached an agreement on Friday to extend heavily indebted Greece's financial rescue by four months, officials on both sides said.

"It's done. For four months," one said.

An agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area. It provides a breathing space for the new leftist-led Athens government to try to negotiate longer-term debt relief with its official creditors.

Feb 20 09:11

Russia’s Antimonopoly Agency Launches Antitrust Probe Against Google

Yandex said Google prevents manufacturers of phones and tablets working on the US company's Android operation system from preinstalling services by Google's competitors.

Yandex is a party to another antitrust investigation against Google, led by the European Commission.

Feb 20 08:53

Dutch Government Releases Heavily Redacted MH17 Documents

The Dutch government released dozens of documents Tuesday about the aftermath of the downing of Malaysia Airlines Flight 17, but much of the information was redacted in order to safeguard "the interests of the Netherlands' relationship with other states"

Feb 20 08:50

Germany and its allies declared their consent to the exit of Greece from the eurozone

Google Translate: Block eurozone countries led by Germany agree on a Greek exit from the currency bloc if agreement on Greek debt and extend the program of financial aid to the country will not be reached, said Finance Minister of Malta, Edward Scicluna.

Feb 20 08:40

How Germany Is Blowing Up The European Union

As Germany is set to reject a Greek loan extension request (and no, international press, that is not the same as an extension of the bailout program), Steve Keen uses proprietary numbers issued by the OECD – which is supposed to be on Germany’s side?! – to show how dramatically austerity has failed in Europe- that is, if the recovery of the Greek and Spanish economies was ever the real target. It certainly failed the populations of the countries.

Webmaster's Commentary: 

Austerity was never meant to improve the lives of the people. It was designed to loot the people to make the private central bankers richer than they already are!

Feb 20 08:38

Germany Slams Greek Bailout Extension Proposal As "Trojan Horse" - Full Text

As leaked by Reuters moments ago, here is the text of a document that describes Germany's position on Greece's letter requesting an extension of its bailout facility as nothing short of a Trojan Horse.

Feb 20 08:17

Greece Gives Europe A Counter-Ultimatum: Accept Or Reject Our Offer

UPDATE: *GREEK GOVT WON'T ACCEPT ULTIMATUMS, WON'T GIVE ANY: OFFICIAL

After days of repeated ultimata from The Eurogroup, as Germany (bad cop) and the rest (good cop) make optimistic sounds, this morning's rejection of Greece's latest plan (following Greek comparisons of Germany to Nazi surrender demands) has prompted something new:

*EU HAS 2 CHOICES, APPROVE OR REJECT GREEK REQUEST: OFFICIAL
*EUROGROUP MEETING TO SHOW WHO WANTS A SOLUTION: GREEK OFFICIAL

Feb 20 07:15

Britain, Spain oppose lethal military assistance to Ukraine

The United Kingdom and Spain have expressed opposition to the provision of lethal military aid to Ukraine, highlighting that the settlement of hostilities between pro-Russia forces and the Ukrainian military has to come through dialogue.

Feb 19 15:46

Debt Fraud: Greece Actually Owes Nothing!

The Greek debt, as such, is mostly not Greek debt. The debt which Germany and other nations are demanding that they pay for, is money that the Greeks never got! So the Greeks don't owe that money. This was a swindle, because the Greeks didn't incur that debt.

Feb 19 13:21

State Department's Nuland Threw a Fit over Merkel-Hollande in Minsk

There are increasingly signs that Merkel and Hollande operated behind the backs of the Americans, when they traveled to Minsk last week, in an attempt to reach an agreement between the warring factions.

During a closed-door meeting at the Munich Security Summit, Nuland fumed that the Europeans needed to be fought:

Feb 19 12:05

NATO, not Russia, threatens Baltics: Moscow

Moscow has rejected the British defense secretary's allegation that Russia poses a threat to the Baltic countries, saying the real risk comes from NATO's increased activity.

Russian Foreign Ministry spokesman, Alexander Lukashevich, said Thursday that British Defense Secretary Michael Fallon's remarks are beyond "diplomatic ethics."

"The comments of Mr. Fallon of course are already beyond diplomatic ethics and the characterization of Russia is completely intolerable," Lukashevich added.

Webmaster's Commentary: 

"You wanna do something about it, Putin? Huh? HUH? I dare you to do something about it. I double-dog dare you!" -- Official White Horse Souse

Feb 19 11:44

Greece Is Just the Beginning. ISIS and Ukraine Are Skirmishes: “The Real War is Economic and Currency Related”

Greece alone has the potential to unravel the Euro-zone and shatter the fragile dominoes across the global financial markets. And that’s just one area that is exploding.

Though Russia is taking a hit from the falling gas prices, and the combined effect of sanctions, it has also been furiously stockpiling gold and working with China and the BRICS nations to build a counter-balance to international development and currency manipulation, as SHTF has reported.

Something huge is happening with currencies on the global scene, but it is a quiet war – you won’t hear about it on the mainstream news. Just make sure it doesn’t sneak up on you; instead, be as prepared as you possibly can for whichever why the wind blows and the hammer falls. Have you considered your plan? Have you invested in gold, silver, storables or valuable barter items?

Feb 19 11:41

Germany and EU Look Set to Reject Greece’s Request for Six-month Loan Extension

German Finance Minister Wolfgang Schäuble denounced a new Greek proposal for a six-month loan extension with the naked ultimatum, “It’s not about an extension of the loan programme, it’s about whether this program is fulfilled, yes or no.”

He was reiterating Germany’s demand that Greece honour Greece’s commitment to impose savage austerity measures to the hilt, irrespective of the dire consequences for millions of working people.

A further indication of German opposition came Wednesday evening, with the decision of the European Central Bank (ECB) to grant a further extension of only €3.3 billion to Greek banks accessing the ECB’s Emergency Liquidity Assistance fund.

Feb 19 11:16

Germany rejects Greek proposal for bailout extension

Germany has rejected a Greek proposal for an extension of bailout funds. With funds rapidly dwindling, Greece is seeking additional financing, but without strict conditions likely to be imposed by the eurozone.

Webmaster's Commentary: 

Greece may be driven to consider Russian overtures.

Feb 19 11:14

Europe Will Implement Both Border and Capital Controls in the Coming Months

This is not some idle conjecture. We know that the political elite in Europe are only too happy to ignore the rule of law whenever the crisis gets too out of hand. Indeed, this won’t even be the first time that this happens in the EU.

Back in March of 2012, when the EU Crisis first began to spin out of control, then Prime Minister of France Nicolas Sarkozy openly called for the renegotiation of the Schengen Treaty: the treaty that established the 26-nation EU as a “borderless” entity in which individuals could move from one country to another with little difficulty and which also made trade among EU members easier.

France was not alone either. A few months later, both France and Germany proposed imposing border controls in June of that same year.

Webmaster's Commentary: 

So the EU is a union only for the bankers.

Feb 19 11:10

Top German Media Continue to Discredit Themselves with Obviously False Headlines

The German media is between a rock and hard place. That it seems to be infiltrated by US and German intelligence services which enforce a rigid, propagandistic line, is widely recognized and openly discussed.

But it has little room for manoeuvre. Either it continues to push propaganda, and discredit itself, or it starts to be more objective, and risk swinging public opinion against US interests. The stakes couldn’t be higher, because Germany’s position on the Ukraine crisis is the deciding factor in EU policy on this crucial issue.

Feb 19 09:09

De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

Back in 2013, The NSA was first exposed for secretly 'monitoring' the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination.

Last year, following threats to remove Russia from SWIFT by the UK, (which SWIFT rapidly distanced its 'independent-self' from), Russia (and China) announced plans to create its own de-dollarized version. In November, Russia detailed the SWIFT-alternative's launch date around May 2015, and just last month, Medvedev warned of "unlimited reaction" if Russia was cut off from the SWIFT payments system.

So the news this week that Russia has launched its own 'SWIFT'-alternative, linking 91 credit institutions initially, suggests de-dollarization is considerably further along than many expected (especially as Russia dumps US Treasuries at a record pace).

Feb 19 07:34

Swiss prosecutors investigate HSBC for money laundering over claims it helped hide millions for arms dealers and blood diamond traders

The Geneva offices of HSBC were raided by Swiss prosecutors yesterday in an investigation into alleged money laundering.

Public prosecutors said they were searching for evidence of ‘aggravated money laundering’ after ‘the recent published revelations ’ about HSBC’s Swiss private bank.

It is the latest damaging twist for the banking giant embroiled in a scandal over claims staff helped rich clients dodge tax.

Feb 19 06:55

Israeli analyst warns European Jews not to migrate to Israel

Israeli analyst Zvi Bar'el has criticised Benjamin Netanyahu's suggestion that European Jews should migrate to Israel to escape what the prime minister claims is a "growing wave of anti-Semitism" and the "Islamic State threat". Bar'el pointed out that Israel is unable to fulfil Netanyahu's promises to new immigrants.

"Fear in Israel is greater, the crime level is higher and the terrorism threat is more real," wrote Bar'el in an article published by Haaretz newspaper. He pointed out that the real problem is not only that the Jews of Europe aren't safe. "The Jews of Israel have a hard time being convinced that their haven can face up to the threats in the region that Netanyahu warns them of daily," he claimed. "Let's assume that thousands of Jews do decide to abandon their businesses, studies, homes and livelihoods and board rescue flights to Ben-Gurion International Airport. What will they find here?"

Feb 19 06:53

Does the Russian Bear Smell Gold?

Is Russia Planning a Gold-Based Currency? ... The "perfect-storm" of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow's international standing, and possibly for the long-term. Yet, it is precisely such conditions that may push the country's leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard.

Feb 19 06:31

Tony Blair to advise Serbia, having led NATO bombing of Belgrade

Tony Blair has signed a contract to advise Serbia’s prime minister, 16 years after the two were on opposite sides of the Balkan conflict. Former British PM Blair was instrumental in NATO airstrikes against Belgrade.

Blair will work for PM Aleksandar Vucic, Slobodan Milosevic’s information minister at the time of the Kosovo conflict.

Feb 18 12:28

Victoria Nuland the F**k the EU spiritual mother of Nulandistan is in trouble

Der Spiegel attacked Victoria Nuland, President Obama’s Nazi-loving representative for Europe, as "America’s Riot Diplomat" — the sobriquet can mean both that Nuland acts disruptively, and that she creates riots (as on the Maidan in Ukraine).
The "Politics" column states that Nuland poses a threat to America’s allies, and that while she is supposed to solve the crisis of Ukraine and relations with Russia, "In the crisis, Nuland herself has become the problem."

EIR Founding Editor Lyndon LaRouche has called the immediate firing of Nuland, an indispensable step to avoid a plunge into thermonuclear war with Russia.

Feb 18 07:59

Macedonia: Jewish Lobby wants regime change

Macedonian government has supported Russian’s position over Ukraine. Moscow has called a thorough investigation into the foreign powers agenda of an anti-Russian regime change in Macedonia.

After succeeding in making less than 1% of Jewish population as rulers in Ukraine, the American Jewish lobby is trying to play a similar trick to turn 500 Jews as rulers of Macedonia. Zionist Jew Victoria Nuland, John Kerry’s adviser for Eurasian Affairs assisted by Israel-Firsters Senators John McCain and Lindsey Graham, and Jew billionaire George Soro recently carried a failed coup against the democratically elected government of Nikola Gruevski.

Feb 18 07:35

Hungarian prime minister gives Putin warm welcome in Budapest

Russian President Vladimir Putin started his visit to Budapest on Tuesday with the laying of wreaths at the memorial to Soviet soldiers before heading to a meeting with Hungarian Prime Minister Viktor Orban.

After several hours of talks, the leaders said they had reached an agreement to extend a gas supply contract with Russian energy giant Gazprom that was set to expire at the end of the year.

Hungary is heavily dependent on Moscow for its energy - about 60 percent of its gas supplies come from Russia.

Feb 17 16:47

Italy Mobilizes 5,000-Strong Military Force to Fight ISIS in Libya

The government of Italy appears to be taking seriously the threats posed by the Islamic State (ISIS) to its nation. Italian officials said on Monday that they are considering sending 5,000 troops into Libya to combat the country’s burgeoning jihadist presence.

Feb 17 16:46

Italy Fears ISIS Invasion From Libya

As ISIS makes inroads into Libya, officials in Rome are panicking about an Islamic State just across the sea—but have no idea how to combat the crisis.

Feb 17 09:01

Danish Jews refuse calls to emigrate to Israel

Danish Jews yesterday turned down an offer by Israeli Prime Minister Benjamin Netanyahu to emigrate to Israel following an attack on the main synagogue in Copenhagen, AFP reported.

"We are very grateful for Netanyahu's concern but having said that, we are Danish – we are Danish Jews but we are Danish – and it will not be terror that makes us go to Israel," the spokesman of the Jewish community in Denmark Jeppe Juhl.

Webmaster's Commentary: 

"Well, then there will be another terror attack, and another and another and another until you do what I TELL you to do!!!" -- Nodding Yahoo

Feb 17 08:00

Greece And Euroland's Crumbling McMansion Of Debt

Sometimes the best way to summarize a complex situation is with an analogy. The Greek debt crisis, for example, is very much like the subprime mortgage crisis of 2007-08.

As you might recall, service workers earning $25,000 annually got $500,000 mortgages to buy McMansions in subprime's go-go days. The applicant fudged a bit here and there on income and creditworthiness, and lenders reaping huge profits from originating and selling mortgages were delighted to ignore prudent underwriting standards and stamp "low-risk" on the mortgage because it was quickly sold to credulous investors.

The bank made its money in transaction and origination fees, and passed the risk of default on to investors who accepted the fraud that the loan was low-risk.

Feb 17 07:59

‘What part of no don’t you understand?’ TTIP critics target EU trade commissioner

EU Trade Commissioner Cecilia Malmstrom’s visit to London to promote the EU-US Transatlantic Trade and Investment Partnership (TTIP) has been met with protest, as MPs say more transparency is needed to address public concern.

Malmstrom’s meeting with business and political leaders Monday afternoon was an attempt to shore up more public support for the deal, which has been criticized for allowing large corporations to flourish at the expense of small businesses.

Business Secretary Vince Cable will tell the Commissioner there are many benefits for the US and the EU, but only if politicians are given access to TTIP as the treaty develops, so that they can ask questions on behalf of the public.

Protest group StopTTIP UK, however, say Monday’s meeting ignores the fact “people across the EU are loudly and clearly rejecting” TTIP, claiming the trade deal could jeopardize governments’ legal freedom and will lower trade standards.

Feb 17 07:54

Euro falls after Greece talks collapse

The euro slipped more than a full cent on Tuesday before recovering slightly after talks between Greece and eurozone finance ministers broke down. Global markets also retreated as a result of the impasse.

Feb 17 07:46

Greece’s game of chicken and a ‘final mania phase’ for Wall Street

Talks between Greece and eurozone finance ministers on Monday night lasted barely two hours, according to some reports. Sticking to his guns, Finance Minister Yanis Varoufakis said his country wants a deal, but with concessions. He also said negotiators don’t have “the right to play games with the future of Europe,” and that a halfway meeting point may emerge during the next couple of days.

Feb 17 07:31

Greece: What Happened Today, And What Happens Next

After today's second in one week Eurogroup fiasco, things for Greece are getting perilously close to the endgame. Either that, or Yanis Varoufakis, who earlier said he is "not bluffing", is conducting a master class in just that. So for all those confused what happened earlier, and more importantly, what may happen next, here is Deutsche Bank's George Saravelos with a handy summary of the next steps.

Webmaster's Commentary: 

"We grasp at straws and pray for a miracle!"

Feb 17 07:06

Hungarian rhapsody: Will Putin’s visit to Viktor Orban give Russia a way into Europe?

Vladimir Putin has chosen Hungary for his first state visit to an EU state since the beginning of the Ukrainian crisis a year ago. Energy issues are expected to top the agenda, yet the Russian leader usually has an ace up his sleeve.

The Russian president’s visit to Hungary is keeping EU officials in Brussels guessing about what sort of deals exactly are going to be signed in Budapest.

Feb 16 15:32

Greek crisis talks collapse in acrimony as Syriza defies EMU

'The only way to solve Greece is to treat us like equals; not a debt colony,' says Greek finance minister

Feb 16 12:04

EU to Unveil New Targeted Anti-Russia Sanctions on Monday

Nothing is going to change in any positive way for the populations of this world until The Bankers and those in their employ, due to an aspiration for personal profit, blackmail or fear for their lives, or the lives of their families, are reined in by any means necessary.

Feb 16 11:51

After Conducting Navy Drills In East Mediterranean, Russia Puts Airborne Troops In Volgograd On Alert

While the latest Ukraine "ceasefire" is all but dead following such headlines as:

Kiev security forces open fire on DPR, LPR republics’ positions - Basurin
Fighting Strains Ukraine Truce; Russia Criticizes EU Blacklist
Battle rages for town where Ukraine rebels reject ceasefire

... perhaps a better question is what just what is Russia doing in the East Mediterranean (as in close by to both Greece and Cyprus) where as Interfax reported earlier, the Russian navy conducted tests. Bloomberg adds that the "Russian Navy vessels fire artillery rounds at sea, air training targets as part of tests in eastern part of Mediterranean, Interfax reports, citing statement by Defense Ministry."

This happens hours after Interfax also reported that the Russian Air Force conducted a practice bombing drill in the south of Russia, in which about 10 airplanes took part.

And finally, moments ago, Interfax (and Bloomberg) made it a trifecta when it reported that

Webmaster's Commentary: 

Maybe Poroshenko is about to make a move on Crimea?

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