The EU was HITLER’S idea and it proves Germany WON the Second World War, claims new book

While it may be hard to prove the book’s claims are correct, it would also be difficult to say that the EU is not a German project leading towards a United States of Europe. Every time the EU economy sinks, Germany gets richer and the only EU solution, as prescribed by the unelected German-led Troika, is pushing and forcing member states into further integration.

THE ‘fascist’ EU was inspired and designed by the NAZIS and is proof Hitler won the Second World War, an outrageous new book is claiming.

‘The EU: The Truth About The Fourth Reich – How Hitler Won The Second World War’ argues the single currency, the free market and even the phrase “United States of Europe” were all dreamt up by high ranking Nazis, including the Fuhrer himself.

It also claims the only country which benefits from the EU is Germany – just as Hitler planned.

A spokesperson for the Liberal Democrats – which its leader Nick Clegg describes as the “party of in” when it comes to the EU – dismissed the authors of the book as “peddling outlandish myths”.

The book, co-written by Daniel J Beddowes and Falvio Cipollini, says: “What is the EU for? Who really benefits? And the answer is of course Germany.  Continue reading

BRICS countries to set up their own IMF

Very soon, the IMF will cease to be the world’s only organization capable of rendering international financial assistance. The BRICS countries are setting up alternative institutions, including a currency reserve pool and a development bank.

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the International Monetary Fund and the World Bank, which are dominated by the U.S. and the EU. A currency reserve pool, as a replacement for the IMF, and a BRICS development bank, as a replacement for the World Bank, will begin operating as soon as in 2015, Russian Ambassador at Large Vadim Lukov has said.

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U.S. warns Beijing over currency weakness

The Obama administration on Tuesday told Beijing it was watching the value of China’s currency closely, expressing concern over its recent drop and saying it remains “significantly undervalued.” Continue reading

Ukraine pushes tanks and troops into separatist east

IZYUM (Ukraine) (AFP) – Ukraine pushed tanks toward a flashpoint eastern city on Tuesday to quash a separatist surge backed by Moscow — a high-risk operation that was sharply condemned by the Kremlin but won Washington’s support.

The 20 tanks and armoured personnel carriers were the most forceful response yet by the Western-backed government in Kiev to the pro-Kremlin militants’ occupation of state buildings in nearly 10 cities across Ukraine’s rust belt.

Ukrainian forces set up a cement road barrier and began checking traffic leading to Slavyansk while fighters and attack helicopters circled overhead. Continue reading

ECB Will Turn On Its Money Printing Machine To Fuel Needed Inflation

Sunday, a top European Central Bank policymaker described how the bank will approach an asset purchase plan to tackle low inflation in the single currency bloc, saying that such a program “would not be about quantity, but about price.”

The ECB acknowledged after its policy meeting in early April that it is open to turning on its money-printing presses to keep inflation from staying too low, though it has not yet shown any public signals of starting quantitative easing (QE) yet. Continue reading

Beijing set to seal Russian natural gas deal amid Ukraine crisis

Beijing’s refusal to stand against Moscow over the crisis in Ukraine could result in a lucrative natural gas deal with Russia next month, reports the Hong Kong-based Ta Kung Pao.

Following more than a decade of false starts, sources say Chinese president Xi Jinping and his Russian counterpart Vladimir Putin will make a final decision next month on the multibillion dollar deal that will see Russia supply pipeline gas to China for 30 years. The deal is expected to come into effect by the end of the year. Continue reading

Commodities: Iran challenges US sanctions with plans to double oil output by 2018

As already mentioned here a few times, third world countries have no bottom, thus making any sanctions against Iran’s oil industry worthless. The world has a high demand for oil and all sanctions will do is force the oil route to change direction towards another country.

Iran has unveiled plans to double its oil production by the end of the decade and, ignoring sanctions, pump billions of dollars of its currency reserves into developing its share of the world’s largest natural gas reservoir in the Persian Gulf.

The country’s new oil minister, Bijan Zanganeh, has set a new output target of 5.7m barrels per day (bpd) of crude by 2018, according to the official state-run news agency Shana. The latest figures produced by the Organisation of Petroleum Exporting Countries (Opec), show that Iran is currently pumping about 3m bpd of crude.

Tehran is also sending strong signals to the international community that it plans to press ahead with the development of vast natural gas reserves that it shares with Qatar in the Persian Gulf. Moshtaq Ali-Gohari, head of the National Iranian Oil Company, told Shana over the weekend that the Islamic republic plans to invest almost $14bn (£8.3bn) to develop oil and gas fields that it shares with neighbours in the region. This could signal that Tehran is preparing for the further development of the South Pars field in the Gulf. Continue reading

Sources: U.S. urges Israel to attack Syrian forces threatening CIA-trained rebels in Golan

It might seem here as if the current US administration is baiting Israel into a war. The United States regularly trains ‘rebels’ in various places throughout the Middle East and Africa. Why would these be any more special than the rest that are usually tossed aside after their mission is complete?

LONDON — The United States is pressuring Israel to attack the Syrian military in the Golan Heights.

Western diplomatic sources said the administration of President Barack Obama has urged Israel to stop a Syrian Army advance toward U.S.-trained rebels in the Golan Heights.

The sources said this marked the first U.S. request for Israel’s military to intervene in Syria. They said Obama and his aides had repeatedly warned Israel to refrain from striking Syria, which transferred long-range rockets and air defense systems to Hizbullah in neighboring Lebanon. Continue reading

Russian oil firm says Asian buyers willing to use euros

(Reuters) – Russian state-controlled oil producer Gazprom Neft said it had received positive responses from Asian clients about the possibility of using euros as a settlement currency instead of the dollar.

Company head Alexander Dyukov said this week Gazprom Neft had broached the idea of dropping the dollar, traditionally the currency of choice for the global energy sector, in response to a possible new round of Western sanctions over Russia’s annexation of Crimea. Continue reading

Briton drafts ‘Brexit’ blueprint: UK can join EFTA

Britain’s economy could grow by 1.3 billion pounds if it left the European Union due to less regulation and more trade with emerging economies, acccording to a British diplomat who dreamt up a blueprint for the country’s EU exit.

Britain’s free market Institute of Economic Affairs on Tuesday awarded a 100,000-euro prize to Iain Mansfield, a British diplomat based in the Philippines, who it decided had come up with the best proposal for a ‘Brexit,’ a British departure from the EU. Continue reading

2014 crash will be worse than 1987′s: Marc Faber

Video is incompatible and wouldn’t embed, please view on website.

Marc Faber says the stock market is setting up for a decline more painful than the sudden crash of 1987.

“I think it’s very likely that we’re seeing, in the next 12 months, an ’87-type of crash,” Faber said with a devious chuckle on Thursday’s episode of “Futures Now.” “And I suspect it will be even worse.” Continue reading

Romania and China join hands in better approach to European markets

 

 

 

 

 

 

 

Romania plans to become the open door of China to Europe, not only through the Constanta Port (eastern Romania, on the Black Sea shore), but also through the development of such investment projects to prove the high technological level reached by the Chinese economy in the past years, Secretary of State for political analysis and the relation with the Parliament, Radu Podgorean, stated during a visit he paid to the People Republic Continue reading