EUROPE | WHAT REALLY HAPPENED


EUROPE

Mar 02 15:07

Hungary's Prime Minister rejects immigration, multiculturalism

Hungarian Prime Minister Viktor Orban has condemned liberalism and multiculturalism and promised to battle rising immigration, saying it is turning his country into a "refugee camp."

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 14:39

Catalonia prepares ahead of independence vote

The wealthy Catalonia region is strengthening its tax office and expanding its network of foreign missions in defiance of the central government, as it prepares for possible secession from Spain.

Mar 02 14:38

Americans to Receive Full Biometric Treatment for all Forms of European Travel

Travel becomes truly ominous...

In a trend that isn't wholly surprising, EU Observer reports:

US citizens and other non-EU nationals who enter Europe will be asked to have their faces image-captured and fingerprints scanned upon arrival at a half-dozen major airports.

Mar 02 14:35

Tsipras' comments "not the done thing" - Germany

Germany has angrily denounced Greek Prime Minister Alexis Tsipras for accusing eurozone partners Spain and Portugal of undermining his negotiations with Brussels, saying he had been out of line.

Mar 02 14:22

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 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 10:16

Theater Of The Absurd: Spain To Provide 14% Of Funds For Third Greek Bailout

The ink is not even dry on the much fought extension of the Greek bailout, so hated in Greece because it perpetuates the "austerity" memorandum conditions and already Spain is stoking the anti-austerity fire in Athens even more when moments ago Spain's Guindos revealed that not only is a third Greek bailout imminent, and will cost Europe's taxpayers between €30 and €50 billion, but that Spain, whose banks were completely insolvent as recently as 2 years ago and were only "saved" thanks to the ECB's direct and indirect (repo) bond monetization pathways will provide between 13% and 14% of the funding!

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 02 07:45

Perceived Russian threat touted as reason to boost NATO spending

Germany will be spending more on its military in the coming years, according to the countries finance minister. London on the countrary is expected to cut its defence budget, which is causing unease across the Atlantic. Last month, President Obama warned the UK against slashing its budget, and as Lizzy Phelan reports, the pressure has been building up for a while now.

Mar 01 22:43

Fifty Years of Imperial Wars: Global Neoliberalism and America’s Drive for World Domination

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 01 22:37

Old Senile Men and Westphalian Fascism

The leading Republican war hawk in the U.S. Senate, Senate Armed Services Committee chairman John McCain of Arizona, in a single week, misused his position to entertain arcane testimony from three decrepit agents of U.S. power politics. In rapid succession, former Secretary of State Henry Kissinger; retired General Brent Scowcroft, the national security adviser to Presidents Gerald Ford and George H. W. Bush; and Zbginiew Brzezinski, national security adviser to President Jimmy Carter, testified before a beaming McCain about the need to maintain the Treaty of Westphalia system in an era when social networks and the Internet pose a threat to the Westphalian nation-state system devised in 1648 after the Thirty Years’ War.

Mar 01 20:57

"Spectacular Developments" In Austria: Bail-In Arrives After €7.6 Billion Bad Bank Capital Hole "Discovered"

Slowly, all the lies of the "recovery", all the skeletons in the closet, and all the bodies swept under the rug are emerging. Moments ago, Austrian ORF reported that there have been "spectacular developments" in the case of the Hypo Alpe Adria bad bank, also known as the Heta Asset Resolution, where an outside audit of Heta's balance sheet exposed a capital hole of up to 7.6 billion euros ($8.51 billion) which the government was not prepared to fill, the Austrian Financial Market Authority said. The punchline: "The finance ministry noted that creditors can be forced to contribute to the costs of winding down Heta - or "bailed in" - under new European legislation that Austria adopted this year so that taxpayers do not have to shoulder the entire burden."

Mar 01 20:18

Two thirds of Britain's laws 'made or influenced by EU'

Two thirds of Britain's laws are either made or influenced by the European Union amid concerns that red tape is damaging businesses, it has been claimed.

An analysis by Business for Britain, a group campaigning for reform of Britain's relationship with the EU, found that 64.7 per cent of all laws in this country are related to EU regulations and directives.

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 08:25

‘Jihadi John’ known to MI5 since 2008, but they let him escape – report

Mohammed Enwazi, the Islamic State terrorist known as “Jihadi John,” was identified by British intelligence but allowed to escape to Syria

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 12:48

IMF bent its rules to hobble Greece with unsustainable debt

As Greece wrangles with its creditors for a more sustainable solution to its debt problems, International Monetary Fund Managing Director Christine Lagarde has been firm in insisting that the new government in Athens honor the country’s previous commitments. The former French finance minister threw cold water this week on the tentative accord between Greece and the European Union, warning that many of Athens’s pledges were vague and “not conveying clear assurances that the government intends to undertake the reforms envisioned.”

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 15:48

The Economic Consequences Of Greece

The aim of the Greek bailout was not to restore prosperity to the country's people, but to save the eurozone. Given this, the new Greek government is entirely justified in questioning the terms that the country was given. As negotiations continue (Tsipras "war" vs the initial lost "battle), the single worst outcome of the current negotiations would be Greece's submission to its creditors' demands, with few concessions in return. Default and exit from the eurozone would allow Greece to begin correcting past mistakes and putting its economy on the path to recovery and sustainable growth. At that point, the EU would be wise to follow suit, by unraveling the currency union and providing debt reduction for its most distressed economies. Only then can the EU's founding ideals be realized.

Feb 27 15:09

The poisonous State of Qatar

Nureddin Sabir examines Qatar’s policy of reliance on the USA and support for Islamism, and its media strategy, as represented by Aljazeera, which talks democracy to Westerners but espouses Islamism to Arabs.

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 09:15

Putin's Cyprus deal gives Russia a foothold in the EU: British MPs blast island's decision to let Moscow's navy use its ports

Russia has gained a military foothold in Europe after Vladimir Putin signed a controversial deal with Cyprus to dock warships there.

British MPs said Nicosia’s decision to let the Russian navy, including heavily armed frigates, use its ports for counter-terrorism and anti-piracy was ‘worrying and disappointing’.

Cyprus, an EU member, thrashed out the agreement despite already hosting two British military bases and 3,200 troops. President Putin insisted the deal ‘should not cause worries anywhere’.

But Cypriot President Nicos Anastasiades, who was visiting Moscow, hinted Russian warplanes could also be allowed to use a military airbase in Paphos, on the south-west coast of the island.

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 19:37

Scientist Niels Harrit Sues Danish Newspaper for Libel. Will Present Video of WTC 7 in Court

Two weeks from today, Dr. Niels Harrit, the distinguished co-author of the landmark nano-thermite paper, will appear in Danish High Court to bring an appeal in his libel suit against the Danish newspaper Weekendavisen.

In a December 2012 article titled “Madness in the Royal Library,” Weekendavisen writer Søren K. Villemoes referred to Dr. Harrit and his fellow 9/11 activists as “crackpots,” while also comparing them to creationists and Holocaust deniers. “. . . Is the library soon going to open its doors to an exhibition showing us 'alternative' theories about evolution? . . . Why not just invite in Niels Harrit and the other crackpots from the 9/11 skeptics movement while we are at it? What about the holocaust denial movement?” Søren K. Villemoes, Weekendavisen, December 7, 2012

For Dr. Harrit, a scientist who taught chemistry for 40 years at the University of Copenhagan, this amounted to an allegation of scientific misconduct and a baseless attempt to damage his hard-earned reputation. So he decided to seek recourse under Denmark’s strong libel law — and give himself the opportunity to prove in a court of law the scientific legitimacy of his 9/11 research.

Feb 26 18:22

Paul Craig Roberts: The Threat Posed to International Relations By The Neoconservative Ideology of American Hegemony

While the neoconservatives were preoccupied for a decade with their wars in the Middle East, creating a US Africa Command, organizing color revolutions, exiting disarmament treaties, surrounding Russia with military bases, and “pivoting to Asia” to surround China with new air and naval bases, Vladimir Putin led Russia back to economic and military competence and successfully asserted an independent Russian foreign policy.

When Russian diplomacy blocked Washington’s planned invasion of Syria and Washington’s planned bombing of Iran, the neoconservatives realized that they had failed the “first objective” of the Wolfowitz Doctrine and had allowed “the re-emergence of a new rival . . . on the territory of the former Soviet Union” with the power to block unilateral action by Washington.

The attack on Russia began.

Feb 26 15:31

Full Circle: The First Anti-Government Protest In Greece Turns Ugly

The first anti-government rally in Athens turned ugly as anti-authoritarian protesters started to smash the windows of a pastry shop and two jewelry shops and put two vehicles and several garbage bins on fire. According to latest information, there was no intervention by riot police although squads were standing near by.

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 11:25

The new €20 note has been unveiled

Feb 26 10:44

Greece Suffers Biggest Bank Run In History: January Deposits Plunge To 2005 Levels

Moments ago the Bank of Greece presented its latest, January, deposit data. And it's a doozy: following a record €12.2 billion monthly outflow, greater in absolute and relative terms than anything experienced during any of the previous Greek crises and bailouts, the total amount of Greek corporate and household deposits has now tumbled to just €148 billion. This number is in line with some of the more pessimistic expectations, and brings the total cash holdings at Greek banks to the lowest level since August 2005.

Feb 26 09:09

Poland to Send Troops to Help Train Ukrainian Army

Poland is to send ‘several dozen’ troops to Ukraine to help train the army there in their de facto war with Russia—but a Russian news portal says ‘nothing new’. Defence ministry advisor Bogus?aw Pacek has confirmed that Poland will follow the example of the United Kingdom, which this week said it would send 75 army trainers.

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 26 07:38

Jeb Bush Wouldn't Hesitate to Start 'Third Bush War'

In response to a question, the former Florida governor said his family ties would not prohibit him from engaging in armed conflict in the Middle East.

(*The way this family assumes ownership of the nation , it sounds to me like when it commences , it will be known as Bush War III rather than WWIII , and family ties will have everything to do with it . )

Feb 26 06:35

US armor paraded 300m from Russian border

NATO member Estonia has held a military parade in border town of Narva, just 300 meters from the Russian border. Tallinn is a long-time critic of Moscow, which it accuses of having an aggressive policy towards the Baltic nation.

Feb 25 23:08

US-NATO Military Convoy of Tanks and Armored Vehicles at Russia’s Doorstep, Rolling Along the Estonia-Russia Border

A long column of military vehicles, including tanks and armored cars was filmed on 23 February in the Russian-speaking border city of Narva, Estonia.

Feb 25 22:51

CIA Torture Prisons in Poland

The European Court of Human Rights confirmed on February 17 that the Polish government was complicit in the CIA’s secretive programme of rendition, detention and interrogation. The Court in Strasbourg rejected a challenge from the Polish government to a landmark ruling from last July, the decision which now makes that original judgement final... Poland is the first EU member to be found guilty of complicity in the CIA’s secret detention programme and responsible for multiple violations of the detainees’ rights.

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 15:36

Report: UK Cops Drew Tasers On Over 430 Kids In 2013

Police in the United Kingdom drew Tasers on more than 400 minors in 2013, according to an official report released Wednesday.

Feb 25 15:35

Greece's Great Depression

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 09:22

Denmark's plan to give spooks greater-than-NSA spy powers sparks outcry

Copenhagen is considering empowering its intelligence services to conduct covert electronic surveillance on citizens abroad without the need for a court order. Outraged privacy advocates have pledged to fight the initiative.

Despite the global outpouring of criticism of the National Security Agency and its affiliated partners in the so-called Five Eyes spying ring, which was exposed by NSA whistleblower Edward Snowden in 2013, it seems the Danish government is only too willing to take spying to an unprecedented new level.

Feb 25 09:20

Putin: Gas supplies to Europe could suffer in 3-4 days if Kiev doesn't pay

Russia will cut off gas supplies to Ukraine if Kiev fails to pay in “three or four days,” President Vladimir Putin said, adding that this "will create a problem" for gas transit to Europe.

“Gazprom has been fully complying with its obligations under the Ukraine gas supply contract and will continue doing that,” Putin told reporters after talks with the president of Cyprus on Wednesday. “The advance payment for gas supply made by the Ukrainian side will be in place for another three to four days. If there is no further prepayment, Gazprom will suspend supplies under the contract and its supplement. Of course, this could create a certain problem for [gas] transit to Europe to our European partners.”

However, Putin expressed the hope that it would not come to that, stressing that “it depends on the financial discipline of our Ukrainian partners.”

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 15:35

Israel's new Asian allies

With Israel turning to Asia to compensate for its loss of Western support, Jonathan Cook wonders how long it will be before it starts replying on a Chinese veto at the UN.

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 14:08

Ukrainian junta defeated - while the people face social and economic collapse

Poroshenko is trying his best to dress up a major military disaster as a tactical retreat while at the same time calling for EU/UN peacekeepers to come into the Donbass region. It seems unlikely that the EU or UN would get involved in such a dangerous escalation of the situation which is seen by the Russian Federation as totally unacceptable.

Feb 24 14:02

Varoufakis Keeps Greece in the Eurozone, by its Fingernails

It’s not easy to negotiate with a gun to your head. Nevertheless, that’s the situation Greek finance minister Yanis Varoufakis found himself in on Friday preceding a crucial meeting with the Eurogroup. According to one report, the objective of the last-ditch confab “was to prepare a consensus text that would be the basis for the discussion” with the EU’s finance ministers.

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 11:32

Kiev cash-for-gas fail could cost EU its supply - Gazprom

Russia will completely cut Ukraine off gas supplies in two days if Kiev fails to pay for deliveries, which will create transit risks for Europe, Gazprom has said.

Ukraine has not paid for March deliveries and is extracting all it can from the current paid supply, seriously risking an early termination of the advance settlement and a supply cutoff, Gazprom's CEO Alexey Miller told journalists. The prepaid gas volumes now stand at 219 million cubic meters.

"It takes about two days to get payment from Naftogaz deposited to a Gazprom account. That's why a delivery to Ukraine of 114 million cubic meters will lead to a complete termination of Russian gas supplies as early as in two days, which creates serious risks for the transit to Europe,” Miller said.

Feb 24 11:20

Revolt In Athens: Syriza Central Committee Member Says "Leadership Strategy Has Failed Miserably"

"Let us begin with what should be indisputable: the Eurogroup agreement that the Greek government was dragged into on Friday amounts to a headlong retreat. The memorandum regime is to be extended, the loan agreement and the totality of debt recognized, “supervision,” another word for troika rule, is to be continued under another name, and there is now little chance Syriza’s program can be implemented.... Greece will be receiving the tranche it had initially refused, but on the condition of sticking to the commitments of its predecessors.... How is it possible that, only a few weeks after the historic result of January 25, we have this countermanding of the popular mandate for the overthrow of the memorandum?"

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 09:41

20% of Germans advocate revolution - 'globalisation is fueling dissent'

Twenty percent of Germans believe that their current living conditions won't be improved by reforms and only a revolution can reshape society. That's according to a study released by the Free University of Berlin.

Feb 24 09:11

Economic “Contagion” Threatens “Impending Crisis”: Exposure to Falling Oil Prices Driving Global Defaults and Slowdown

Falling oil prices combined with a strong dollar (hence reduced exports) and increasing U.S. interest rates are creating economic "contagion" that could infect the world.

Mac Slavo
SHTFplan.com

On the surface, the United States is currently one of the stronger global economies.

But lurking beneath that may be an ‘impending crisis’ that threatens to drag everyone down with it.

That’s according to the Financial Times, who say that falling oil prices combined with a strong dollar (hence reduced trade in exports) and a likely increase in U.S. interest rates could contribute to the “familiar pattern” of economic slowdown. As Satyajit Das writes, “bankruptcies, defaults, banking problems and reduction in credit availability drive contagion.”

Feb 24 09:04

Austerity’s stubborn hold Proves contentious as Syriza jockeys for deal

Greek leadership holds cabinet meeting to discuss reform package as Eurogroup weighs proposals that would coincide with four-month loan extension

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 16:28

Syriza MP Asks $330bn Question: "How Will 4-Month Extension Improve Our Negotiating Position?"

While the tone may not be as vociferous as historic Syriza MEP Manolis Glezos' recent statements over the Greek 'new deal', the rhetoric of Costas Lapavitsas (newly-elected Syriza MP) blog post is clearly questioning the decision-making of his party's leadership. With regards "our commitment to the Greek people, we have deep concerns," he begins, detailing five major questions that must be answered, perhaps most importantly, "What exactly will change in the next four months of 'extension', so that the new negotiation with our partners to become of better places? What will prevent the deterioration of the political, economic and social situation of the country?"

Feb 23 11:05

The Destabilization Doctrine: ISIS, Proxies and Patsies

Israel has essentially used the United States as a cat’s paw in the Middle East, manipulating America’s Leviathan military to smash up her enemies.

In the past week we have witnessed a number of expedient events that were designed to legitimize the West’s imperialist foreign policies in the minds of the masses.

Feb 23 10:58

Greece — Syriza – Subservience to Neoliberalism – The Killing Plague that Knows No Mercy?

Greece’s debt today stands at 175 % of her economic output. The best – and only decent and socially as well as economically viable option – is exiting the Eurozone by her own decision.

Greece has various options/

Tsipras-Varoufakis must know them. Perhaps they keep them hidden away until “the last ditch” moment. To begin with, they could have imposed and still can impose strict capital transfer controls, to avoid the outflow of precious capital from Greek oligarchs, capital that eventually is missing for rebuilding Greece’s economy and would need to be replaced by new debt. Although, this is basically against EU’s rule of free transfer of capital, Greece as a sovereign country, can roll back its EU vassal status, take back its sovereignty and do what every reasonable central bank would do in Greece’s situation – impose capital transfer restrictions. After all, the Euro is also – and still is – Greece’s currency.

Feb 23 10:55

China pivots everywhere

The world’s leading economy is on a roll as it enters a new year in the Chinese zodiac. Welcome to the Year of the Sheep. Or Goat. Or Ram. Or, technically, the Green Wooden Sheep (or Goat).

The hyper-connected average Chinese – juggling among his five smart devices (smartphones, tablets, e-readers) – is bravely advancing a real commercial revolution. In China (and the rest of Asia) online transactions are now worth twice the combined value of transactions in the US and Europe.

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 08:50

A Soros «Trojan Horse» inside the New Greek Government?

Varoufakis’s curriculum vitae, like that of Jaresko’s, reeks of George Soros-intertwined globalist links. For a finance minister who is to -- if we believe the dire warnings from the corporate press -- challenge the austerity measures dictated to Greece’s previous failed conservative and social democratic governments by the «Troika» of the IMF, ECB, and European Commission, Varoufakis has had a past close relationship with the global entities with which he is expected to battle.

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 23 07:47

Europeans Want TTIP Trade-Deal, though Obama Blocks Making Its Terms Public

TTIP is a secretly negotiated trade deal between the U.S. and the EU, and all indications are that it will replace each nation’s drug-safety, product-safety, food-safety, environmental, and worker-protection, regulations and laws, placing them into the hands of panels composed of appointees of large international corporations, no longer in the hands of publicly elected officials, no longer in the hands of elected politicians, who need to face voters periodically in order to stay in power. Basically: U.S. President Barack Obama is demanding that European nations weaken their regulations, but has been encountering stiff resistance from some, which has dragged out negotiations.

Feb 22 22:57

Tsípras: Scared by His Own Courage

The Brussels agreement to extend the EU programme for Greece means a humiliating defeat for the Sýriza government. Their attempts to rally support within the union’s governments miserably failed. The German imposition uncompromisingly defending the narrow interests of the financial oligarchy prevailed bearing witness of the impossibility of a social turn within the power structures of the EU. Game over? We believe that there remains a possibility to thwart the EU starvation programme.

Feb 22 20:36

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

Some Greeks wondered what the government had achieved. "We went through two months of agony, emptied the banks, to realize we are still a debt colony," 54-year-old electrician Dimitris Kanakis told Reuters. "The paymasters call the shots."... Pensioner Paradisanos Rigas siad: "It looks to me that nothing has changed. Later on they'll throw us some bones and say everything is fine. Syriza will be saying we put up a fight, while the other side will be saying you did nothing. And I think that it will be the same, just more of the same."

Feb 22 20:35

Greek Infighting Begins After Historic Syriza Member Slams Agreement, Apologizes For "Contributing To Illusion" Of Change

As the divergence between Syriza's leadership perspective on debt talks - "success...won the battle" - and the Greek voters - "It looks to me that nothing has changed" - grows ever wider, and on the heels of apparent near mutiny last week, there is growing division in the ranks of the newly elected party. Syriza MEP Manolis Glezos penned a stunning rebuke of the party's apparent U-turn and asks his electorate for forgiveness... "Pity, and pity again... I apologize to the Greek people because I have contributed to this illusion... before it is too late, let us react!"

Feb 22 16:53

Clarke and Dawe - The Greek Economy:

Feb 22 15:21

Greece — Syriza – Subservience to Neoliberalism – The Killing Plague that Knows No Mercy?

Greece’s debt today stands at 175 % of her economic output. The best – and only decent and socially as well as economically viable option – is exiting the Eurozone by her own decision.

Greece has various options. Tsipras-Varoufakis must know them. Perhaps they keep them hidden away until “the last ditch” moment. To begin with, they could have imposed and still can impose strict capital transfer controls, to avoid the outflow of precious capital from Greek oligarchs, capital that eventually is missing for rebuilding Greece’s economy and would need to be replaced by new debt. Although, this is basically against EU’s rule of free transfer of capital, Greece as a sovereign country, can roll back its EU vassal status, take back its sovereignty and do what every reasonable central bank would do in Greece’s situation – impose capital transfer restrictions. After all, the Euro is also – and still is – Greece’s currency.

Feb 22 15:18

Barb Weir interviews moderate Syrian rebels

You must be joking. Since when are Syrian rebels from Syria? They come from Afar, Afghanistan, Albania, Angola, Australia, Azabaijan, Bahrain, Bangladesh, Belgium, Benin, Bosnia, Britain, Bulgaria, Burkina Faso, Canada, Central African Republic, Chad, Chechnya, Denmark, Djibouti, Egypt, France…

…but Syria? Please, it’s been a long time since I’ve seen a Syrian Syrian rebel. And there weren’t that many to start with.

Well, ISIL, ISIS, the Islamic state – whatever you want to call it – they’re paying even better and getting their money from the same places as us

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 22 09:04

Anti What? The Fallacy of Rising Anti-Semitism by URI AVNERY

An Israeli viewpoint Snip: When Binyamin Netanyahu does not miss an opportunity to declare that he represents all the Jews in the world, he makes all the world’s Jews responsible for Israeli policies and actions.

When Jewish institutions in France, the US and everywhere totally and uncritically identify with the policies and operations of Israel, such as the recent Gaza war, they turn themselves voluntarily into potential victims of revenge actions. The French Jewish leadership, CRIF, did so just now.

Neither of these reasons has anything to do with anti-Semitism.

Feb 22 08:14

Obama to Congress: Rubber-Stamp My Perpetual War By Marjorie Cohn

The most important question is: how can more bloodshed justify past bloodshed? Perpetual war is perpetual murder

Feb 22 07:32

Evil Assad, Evil Gaddafi, Now Evil Putin: How the West Sells War (and Makes a Killing)

Distraction politics and the economic variables in Ukraine and the parallels with Syria, Libya and Iraq.

Feb 22 07:29

NATO invents Russian threats in the Baltic - but Putin's next big play is Greece

While mainstream media promulgate a fictitious message of Russian threats in the Baltic, Vladimir Putin's next big play lies far to the south. The gross intransigence of the EU, the IMF, the European Central Bank and Germany are forcing Greece into a powerful new economic and energy alliance with Russia that will reshape Europe - and for the better.

Feb 22 07:27

Kagan + Nuland: Liberal Interventionists Michael S. Rozeff

snip: Kagan stands for the liberal values that came out of the Enlightenment and characterize the Western states. But he also believes that these states are pansies who need to be muscular in defense of these values. “Muscular” means interventionist and ever-willing to insert force and arms in foreign lands; not in classic self-defense but on a pro-active, preemptive basis. In other words, to maintain liberal values and promote liberalism worldwide, the liberal states have to behave illiberally. They have to attack other countries that they deem threatening. They have to be provocative toward any country that doesn’t meet their standards of liberality.

Feb 22 03:00

A Soros "Trojan Horse" inside the New Greek Government?

Greece, which pioneered the Trojan horse weapon used against Troy, must be on guard against Trojan horses like Varoufakis who have been implanted in the new Greek government.

Feb 21 21:08

"Prepare for Full-Scale War" says Ukraine Deputy Foreign Minister

I have been sitting on close to a dozen videos describing the massive damage in military equipment in the latest separatist surge. For a description, but no videos, please see Debaltsevsky Under Rebel Control, Boiler Remains; What's Next?

Feb 21 17:07

Alarming report reveals rampant poverty across Europe

More than a third of the population in Bulgaria, Romania, Greece, Latvia and Hungary are at risk of poverty and social exclusion, according to a new report. In half of the EU's 28 member states, at least one in three children live in poverty.

Feb 21 15:54

How to defeat violent Islamic fundamentalism

Alan Hart says Western foreign policy and repressive Arab and Muslim regimes are at the core of violent Islamic fundamentalism, and that Western leaders could change both, but they will not.

Feb 21 15:08

The Assassination of Greece

The strangulation of Syriza is part and parcel of the decade long process of the EU’s assassination of Greece.

A savage response to a heroic attempt by an entire people, hurled into destitution, condemned to be ruled by kleptocratic conservatives and social democrats.

Empires do not surrender their colonies through reasonable arguments or by the bankruptcy of their regressive “reforms”.

If in fact, EU dogmatism and intransigence forecloses even the most favorable deals, Tsipras and Syriza, (against their desires) may be forced to exit the Euro Empire and face the challenge of carving out a new truly radical policy and economy as a free and independent country.

Feb 21 15:04

At War With Those “Who Have Perverted Islam”

The latest ISIL political ally to surface is Rudy Giuliani, former mayor of New York City, and an unsuccessful candidate for the Republican nomination for president in 2008.

During a speech at this week’s White House conference on countering violent extremism,President Obama described the enemy that calls itself ISIL:

“We are not at war with Islam; we are at war with people who have perverted Islam.”

That statement is sensible and it is clear. It represents the President’s careful separation of ISIL (initially self-designated as the Islamic State in the Levant) from the world’s Muslim population.

ISIL is not remotely representative of Islam. It steals its language the way extremists out of Jewish and Christian backgrounds pervert those religious communities.

Feb 21 14:57

How, to contain and defeat perverted and violent Islamic fundamentalism

American foreign policy and authoritarian Muslim regimes, cause/provoke Muslim hurt, humiliation, anger and the despair of no hope.

If perverted and violent Islamic fundamentalism (PVIF) in all of its manifestations is to be contained and defeated there’s one thing above all others that must happen – Western leaders, starting with President Obama, must open their minds to the fact that consequences have causes and then address the causes.

There are two main and related causes of PVIF (Perverted and violent Islamic fundamentalism):

(1) American-led Western foreign policy for the Arab and wider Muslim world including its double standard as demonstrated by refusal to call and hold Israel to account for its defiance of international law and rejection of the Palestinian claim for justice.

(2) The corruption, authoritarianism and repression of most if not all Arab and other Muslim regimes. In most cases they are regimes supported/endorsed by American-led Western foreign policy.

Feb 21 13:12

Spain’s Podemos denies Latin American financing

A founder of Spanish anti-establishment party Podemos on Friday rejected claims the party was financed by left-wing Latin American governments and said he had been the victim of a "witch hunt."

Feb 21 10:13

It’s Germany vs. Greece, and the very survival of the Eurozone is at stake

Is this the beginning of the end for the eurozone?

Feb 21 09:37

Shots Fired: Schauble Says "Greeks Certainly Will Have A Difficult Time To Explain The Deal To Their Voters"

Did anyone honestly not think the German finance minister would not have the final word?

GERMAN FINMIN SCHAEUBLE SAYS AS LONG AS THE PROGRAMME FOR GREECE ISN'T SUCCESSFULLY CONCLUDED THERE WILL BE NO PAYOUT
GERMAN FINMIN SCHAEUBLE SAYS 'THE GREEKS CERTAINLY WILL HAVE A DIFFICULT TIME TO EXPLAIN THE DEAL TO THEIR VOTERS'

He's right.

Feb 21 09:14

ECB can't print earnings (yet?) #Italy

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 21 06:06

Syriza capitulates to the EU

The Greek government has repudiated its election pledges, agreeing Friday to a four-month extension of the existing loans and austerity programme dictated by “troika” of the European Commission, European Central Bank and the International Monetary Fund.

Feb 21 03:57

'Gun to Greece's Head Pulled Away' As Tentative Deal Struck in Brussels

The newly-elected Syriza government of Greece and its creditors from the 19-nation Eurozone have reportedly reached a draft deal for a loan extension to the country for another four months.

Feb 20 15:40

Full Eurogroup Statement On Greece - Redline Comparison With Previously Rejected Statement

Just out from the Eurogroup, the final statement. Bottom line: Greece caves on pretty much everything, however it has two semantics successes: the dreaded "Troika" words has been replaced with "institutions" and "current programme" has been changed to "current arrangement" - surely nobody will notice. 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 15:39

Germany Gives Greece Just Enough Rope: Varoufakis Says If Troika Rejects Reforms "The Deal Is Dead And Buried"

Here is what Schauble meant when he said that the "Greeks Certainly Will Have A Difficult Time To Explain The Deal To Their Voters": under the conditionality of the Troika's approval, the Tsipras government now has to walk back essentially all the promises it made to the Greek people - promises which by some accounts amount to over €20 billion in additional spending - or the Troika, pardon Institutions, will yank the entire deal and the Grexit can then commence. And that's the bottom line. It's also the reason Schauble was gloating: because he gave the Greek government just enough rope with which to hang itself.

Feb 20 15:25

The Newest Country to Defy the Banksters

Under Orban’s leadership, Hungary has not only managed to pay down their near $26 billion IMF loan, but did so early. In 2013, with just $2 billion in payments left to go, he actually requested, via the central bank, that IMF officials should pack their bags and leave, noting that their “services” were no longer needed!

What really irritates DC though, is that Orban seems to have the overwhelming backing of his people! Time after time, the Fidesz party has not only won re-election, but they’ve won by a landslide. In 2014, his party rode back into power, with over 2/3 of the vote! Many Hungarians finally seemed to have found a nationalist champion. This has made it difficult to claim that Orban is simply acting alone, or without the consent of Hungary.

From beating down austerity, to ridding Hungary of the IMF, Viktor Orban’s actions and reforms continue to cause the gnashing of teeth in the Anglo-American banking camps.

Feb 20 14:58

The myth of rising anti-Semitism in Europe

Uri Avnery debunks the flurry of Israeli and other Zionist propaganda which claims that European anti-Semitism is rising, blaming instead local historical baggage and Israeli behaviour for recent attacks on Jews.

Feb 20 14:42

Latest Update on STOXX 600 Q4 EPS Trend

Feb 20 13:34

US TRAVELLERS SET FOR EU BIOMETRIC DRAGNET

US citizens and other non-EU nationals who enter Europe will be asked to have their faces image-captured and fingerprints scanned upon arrival at a half-dozen major airports. The biometric dragnet is part of a pilot test of the EU’s so-called ‘smart borders’ package. Passengers can refuse to give the data for now but there are plans to eventually make it obligatory.

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.

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