Thursday, August 17, 2017

Tag: EU

Dutch Regulator Accidentally Posts Soros’s Short Positions

Some of hedge fund billionaire George Soros's short positions dating back to 2012 were published on the Dutch financial market regulator’s website this week due to “human error,” according to the regulator AFM. The short positions, bets on a stock declining, were “between 0.2 percent and 0.5 percent,” of shares...

Hungary Plans to Crack Down on All Soros-Funded NGOs

Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union member will use “all the tools at its disposal” to “sweep out” NGOs funded...

EU summit lines up against Russia

On Thursday, the 28 leaders of the European Union gathered in Brussels at their final summit of the year. The EU is in deep crisis. Following the British decision to leave the EU, the election of Donald Trump as US president, and the rise of right-wing nationalist forces in...
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Mark Blyth: Global Trumpism and The Revolt Against The Creditor Class

Mark Blyth is a Scottish political scientist and a professor of international political economy at Brown University. At an event on November 9 at Brown's Watson Institute for International and Public Affairs, he spoke about "Global Trumpism" -- a worldwide working-class backlash against harmful macroeconomic trends. "What we have everywhere...

Everyone in Europe Needs to Take a Deep, Calming Breath

We don't yet know how the president-elect will behave in office. Meanwhile, the present state of hysteria could make things worse. “The sky is falling!” exclaimed Chicken Little, in the well-known folk tale, after an acorn fell on the poor fowl’s head, leading to mass hysteria over an imminent apocalypse...

Germany Can Protect the Liberal Order

As U.S. President Barack Obama arrived in Berlin for a farewell visit on Wednesday, German policymakers were scrambling to develop a road map for dealing with the presidency of his successor, Donald Trump. Last week, in a congratulatory note to the president-elect, German Chancellor Angela Merkel gently conditioned Germany's...

Obama Administration Gives Up on Pacific Trade Deal

Congressional GOP leaders indicated they wouldn’t consider Trans-Pacific Partnership in lame-duck session. A sweeping Pacific trade pact meant to bind the U.S.and Asia effectively died Friday, as Republican and Democratic leaders in Congress told the White House they won’t advance it in the election’s aftermath, and Obama administration officials acknowledged...

Brexit plans in disarray as high court rules parliament must have its say

Government to appeal after judges say article 50 cannot be triggered without MPs’ backing – a major blow to Theresa May. Parliament alone has the power to trigger Brexit by notifying Brussels of the UK’s intention to leave the European Union, the high court has ruled. The judgment (pdf), delivered by...

Over the Line: Bulgaria Welcomes Refugees With Attack Dogs and Beatings

Abdul Bashir was resting when the police dogs came. He and 11 others were in the dense mountainous forest that joins Turkey and Bulgaria. They had just crossed to the Bulgarian side, for the second time in a month, stepping over the low-hanging wire that divides the two countries. The dogs came out of the woods behind them. Abdul Bashir saw one attack a man in his group, biting his shoulder and dragging him across the ground. The man was bleeding.

Japanese companies in UK already receiving offers from EU

Haruki Hayashi, president of Japanese chambers of commerce in UK, said firms needed more than ‘general reassurances’. Japanese companies based in Britain have already started to receive offers from other European countries and could postpone investment decisions if Theresa May’s government fails to negotiate a close economic relationship with the...

Europe Wishes to Inform You That the Refugee Crisis Is Over

Greece - Skala Sikaminias is a little beach town on the northern coast of the Greek island of Lesbos. A year ago, rickety wooden boats and dinghies packed with Syrian refugees began plowing into the narrow stretch of beach next to the taverna in the town square. Within days, the flotilla had swelled to vast proportions; as many as 7,000 Syrian refugees were landing on Lesbos every day.

UK Government agreed referendum could not be legally binding

Only six years ago, ministers agreed that referendums “cannot be legally binding” – so MPs and peers should decide “whether or not to take action”. Senior Conservative MPs have seized on a forgotten Government promise to let Parliament decide the response to any referendum result – insisting it must hold...

Euro house of cards to collapse, warns ECB prophet

The European Central Bank is becoming dangerously over-extended and the whole euro project is unworkable in its current form, the founding architect of the monetary union has warned. "One day, the house of cards will collapse,” said Professor Otmar Issing, the ECB's first chief economist and a towering figure in...

Trade in Services Agreement: October 14, 2016 Publication

Today, Friday 14 October 2016, 11:00am CEST, WikiLeaks releases new secret documents from the controversial Trade in Services Agreement (TiSA) currently being negotiated by the US, EU and 22 other countries that account for over 2/3rds of global GDP. The release is just a few days ahead of the next...

As Deadline Looms, WikiLeaks Reveals Corporate Demands from the European Union in the Trade...

Demands by the EU to Lock in Privatization of Public Services in Developing Countries; Financial Services Deregulation; and Antidevelopment Provisions Revealed; Secretive, Antidemocratic Deal Must Not Be Rushed to Conclusion Today, for the first time, WikiLeaks released demands by the EU to lock in a wide list of services sectors...

Posting New Secret Trade Docs, Wikileaks Further Exposes Corporate Plot

Despite its importance both the US Presidential candidates Hillary Clinton and Donald Trump have thus far given no position on the TISA Agreement. Even as it continued to post new batches of emails from Clinton campaign chairman John Podesta, Wikileaks on Friday also published new draft chapters of the Trade...

Eurogroup ministers back further bailout loans for Greece

EU finance ministers to release €2.8bn after Athens government carried out required reforms relating to privatising state assets, tax and pensions. Greece is on track to receive €2.8bn (£2.5bn) from its eurozone creditors by the end of October, after an agreement on Monday on the latest instalment of its multibillion-euro...

Do We Really Want A War With Russia?

Because we're in danger of getting exactly that. I wish I could say things were improving between the US and Russia but they aren't. They're rapidly worsening. There’s so much happening right now, I can only provide a summary of a few of the more interesting and worrying developments. This report builds...

Ukraine and Syria: Linked Together by Russia

The United States and Russia are now at daggers drawn over Syria. Following the collapse of the ceasefire negotiated last month by Secretary of State John Kerry and Foreign Minister Sergei Lavrov, the United States has abandoned talks with the Russians on Syria. Meanwhile, in a supposedly unrelated part...

EU signs deal to deport unlimited numbers of Afghan asylum seekers

Plans for dedicated reception terminal in Kabul, but experts warn that violence and instability in Afghanistan make deportations unsafe. The EU has signed an agreement with the Afghan government allowing its member states to deport an unlimited number of the country’s asylum seekers, and obliging the Afghan government to receive...

How the White Helmets Became International Heroes While Pushing U.S. Military Intervention and Regime...

Created by Western governments and popularized by a top PR firm, the White Helmets are saving civilians while lobbying for airstrikes. The following is Part 2 of a two part investigation into the forces cultivating Western public support for regime change in Syria. Read Part 1 here. It is rare for...

EU’s secret ultimatum to Afghanistan: accept 80,000 deportees or lose aid

Memo leaked in advance of Brussels aid summit reveals EU plans to make assistance to Afghanistan ‘migration sensitive’ despite security concerns. When international donors and the Afghan government convene in Brussels next week, the EU secretly plans to threaten Afghanistan with a reduction in aid if the war-torn country does...

U.S. and EU Sanctions Are Punishing Ordinary Syrians and Crippling Aid Work, U.N. Report...

Internal United Nations assessments obtained by The Intercept reveal that U.S. and European sanctions are punishing ordinary Syrians and crippling aid work during the largest humanitarian emergency since World War II. The sanctions and war have destabilized every sector of Syria’s economy, transforming a once self-sufficient country into an aid-dependent...

ECB Board Member Admits Central Bank’s Monetary Policy Risks Tearing Up Social Fabric

Time to toss yet another "conspiracy theory" on the composite heap of "theories that became fact." A recurring theme we have pounded the table on over the past nearly 8 years is that central bank policy has been the primary driver leading to not only a record wealth and...

Deutsche Bank’s Monumental Mess – Merkel Says No State Aid, Depositor Bail-In Coming Up?

The €72 trillion (notional) derivatives mess known as Deutsche Bank remains under severe pressure. It’s market cap is $17.43 billion. It has no earnings and pays no dividend. On April 23, Deutsche Bank was Fined $2.5 Billion over LIBOR rate rigging. Twenty-one people face criminal charges following a seven-year investigation. On...

Journey To Aleppo: Exposing The Truth Buried Under NATO Propaganda

ALEPPO, Syria — Aleppo has become synonymous with destruction and “Syrian state-generated” violence among those whose perception of the situation in the war-torn nation is contained within the prism of mainstream media narratives. The NATO-aligned media maintains a tight grip on information coming out of this beleaguered city, ensuring that...

Russia Trumps USA Energy War in Mideast

In a fundamental sense the entirety of the five-year-long war over Syria, as well as the entire Arab Spring from Libya to Egypt to Iraq has been about control of hydrocarbon resources—oil and natural gas– and of potential hydrocarbon pipelines to the promising markets of the European Union. Dick...

Assad’s Death Warrant

Secret cables and reports by the U.S., Saudi and Israeli intelligence agencies indicate that the moment Assad rejected the Qatari pipeline, military and intelligence planners quickly arrived at the consensus that fomenting a Sunni uprising in Syria to overthrow the uncooperative Bashar Assad was a feasible path to achieving...

The End of the G-20: Has the Group Outlived Its Purpose?

Over Labor Day weekend, the leaders of the G-20 countries gathered in Hangzhou, China, for their annual summit. Their goal this year: save the good name of globalization, which has recently taken a beating. In the wake of Brexit, the U.S. Republican presidential candidacy of Donald Trump, the rise...

Syrian cease-fire reflects US, Russian interests

A Syrian cease-fire brokered over the weekend by the United States and Russia went into effect Sept. 12, though it remains to be seen whether it holds. Pessimism over the agreement’s prospects for success followed soon after it was announced Sept. 10 in Geneva by US Secretary of State John...

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