It’s like 1938, says Israeli ambassador to Germany: Outbreaks of anti-Semitism on the rise across Europe

  • Yakov Hadas-Handelsman has expressed fears over attacks on Jews
  • Germany: pro-Palestinians are chanting race-hate slogans against them
  • Recent Israeli military action in Gaza has killed hundreds of Palestinians

Jewish people are being attacked and abused on the streets of Germany as though the country were back in the Nazi era, political and religious leaders warned yesterday.

Murderous slogans dating back to the days of Hitler have been chanted at pro-Palestinian rallies in Germany. Jewish-owned shops were attacked and burned in riots in France at the weekend.

The Israeli ambassador to Germany, Yakov Hadas-Handelsman, said: ‘They pursue the Jews in the streets of Berlin… as if we were in 1938.’ Continue reading

BRICS nations could rival US in global influence

The rise of the BRICS countries–Brazil, Russia, India, China and South Africa–may challenge the world order and lead to the end of US domination.

The five countries set up the New Development Bank during a recent summit in Brazil, which offers an alternative to the US-led International Monetary Fund and the World Bank.

The five countries participating in the economic cooperation forum are likely to deepen their cooperation in various fields, which may rival the dominance of the United States and G7 countries in the world.

The BRICS countries will also increase their sway if they can improve their governance, considering the fact that they account for 42% of the global population and their GDP and trade volume each make up for about 20% of the world’s total. Continue reading

Chinese spy ship arrives at giant U.S.-led naval exercise off the coast of Hawaii

A giant U.S.-led naval exercise with 22 nations from around the world got an unexpected visitor on Sunday — a Chinese spy ship perched in international waters.

The 24th Rim of the Pacific exercises (RIMPAC) in and around the Hawaiian Islands features more than 200 aircraft and 25,000 personnel. China is part of a host of nations taking part, which also includes Australia, Canada, France, Japan, the Republic of Korea, the Republic of the Philippines, the United Kingdom and others. Continue reading

The EU is gearing up against internal unrest

For English translation purposes, the full article will remain posted here.

Für Leute die, die auf Deutsch lesen kann oder Lust haben, liegt die originales Quelle unten.

Gendarmerien are police forces, although they take on tasks of internal security. In contrast to the police but they are subordinated to the ministries of defense. Used in the interior they are under the authority of the Interior Ministries. They are described as “robust police issues” because they have a better weaponry, armored vehicles and military training. Therefore, they can also be used on the edge of military hostilities. There they are under the command of the responsible Department of Defense.

The EGF was originally planned around the turn of the millennium by Italy and France as EU force. Several Member States, including Germany, but had objections to such a paramilitary unit. The governments in Rome and Paris stuck to the plan and eventually founded the EGF as a multilateral, independent of EU unity. According to its statutes, the capabilities of NATO, the OSCE, the UN and the EU can be borrowed. In the foreground, however, are inserts of the European Union. Continue reading

All aboard: China’s railway dream

At Asia’s biggest rail cargo base in Chengdu in south-west China, the cranes are hard at work, swinging containers from trucks onto a freight train. The containers are filled with computers, clothes, even cars.

Until last year, all of it would have first gone more than 1,000 miles east to Shanghai and then to Europe by sea. Continue reading

Royal Navy Aircraft Carrier Has no Purpose Except As ‘a Failed Dream of EU Integration’

The 65,000-ton Royal Navy aircraft carrier Queen Elizabeth, launched by Her Majesty on July 4 and praised as “a national instrument of power,” is in fact “a ship with no real purpose other than to act as the monument to yet another failed dream of EU integration,” according to historian and journalist Christopher Booker.

Even before the launch, there were questions raised over the ship’s purpose. No aircraft will be able to fly off it until 2020. Despite a vast flight deck, it is not designed to handle fixed-wing aircraft, only the American-built vertical take-off F35, which is still in development with chronic design problems.

The F-35 seen on board the ship at the launch was in fact a fibre glass replica, a plastic kit plane defence giant Lockheed Martin assembles for air shows and exhibitions.

Other questions have been raised that HMS Queen Elizabeth should be nuclear powered like American aircraft carriers, not by diesel and gas. More, the Royal Navy no longer has enough surface craft to provide escort for an aircraft carrier. Continue reading

Global firms becoming keen on using yuan

The use of the renminbi in trade settlements increased sharply this year, according to HSBC’s annual renminbi survey.

The survey which began last year covered eleven countries, four of which were added this year. All seven markets surveyed in both years posted increases, the largest of which were in Germany, Hong Kong and the U.S.

Of the German companies profiled, 23 percent are using the renminbi to settle trades, up from 9 percent last year, while usage in Hong Kong rose to 58 percent from 50 percent and to 17 percent from 9 percent in the U.S.

Usage of the renminbi among French companies – a new addition to this year’s list – was high at 26 percent.

Prospects for next year are bright as nearly 60 percent of global companies plan to increase their cross border activity with China over the next 12 months. Currently, 22 percent of companies globally trade in renminbi. Continue reading

UPDATE 1-Total CEO calls for bigger euro role in oil payments

(Reuters) – Oil major Total’s chief executive said on Saturday the euro should have a bigger role in international trade although it was not possible to do without the U.S. dollar. Continue reading

France hits out at dollar dominance in international transactions

France’s political and business establishment has hit out against the hegemony of the dollar in international transactions after U.S. authorities fined BNP Paribas $9 billion for helping countries avoid sanctions.

Michel Sapin, the French finance minister, called for a “rebalancing” of the currencies used for global payments, saying the BNP Paribas case should “make us realize the necessity of using a variety of currencies”.

He said, in an interview with the Financial Times on the sidelines of a weekend economics conference: “We [Europeans] are selling to ourselves in dollars, for instance when we sell planes. Is that necessary? I don’t think so. I think a rebalancing is possible and necessary, not just regarding the euro but also for the big currencies of the emerging countries, which account for more and more of global trade.”

Christophe de Margerie, the chief executive of Total, France’s biggest company by market capitalization, said he saw no reason for oil purchases to be made in dollars, even if the benchmark price in dollars was likely to remain. Continue reading

‘Dragonfly’ virus strikes U.S. power plants

WASHINGTON – U.S. and European energy companies have become the target of a “Dragonfly” virus out of Eastern Europe that goes after energy grids, major electricity generation firms, petroleum pipelines operators and energy industrial equipment providers.

Unearthed by the cyber security firm Symantec, Dragonfly has been in operation since at least 2011. Its malware software allows its operators to not only monitor in real time, but also disrupt and even sabotage wind turbines, gas pipelines and power plants – all with the click of a computer mouse.

The attacks have disrupted industrial control system equipment providers by installing the malware during downloaded updates for computers running the ICS equipment. Continue reading

Intel: ISIL sold crude oil to Assad regime, had covert ties with Iran

LONDON — France has determined that Islamic State of Iraq and the Levant was selling crude oil to the regime of Syrian President Bashar Assad. Continue reading

BRICS is morphing into an anti-dollar alliance

On June 10th, Sergey Glaziev, Putin’s economy advisor published an article outlining the need to establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using dollars in their currency reserves. The ultimate goal would be to break the Washington’s money printing machine that is feeding its military-industrial complex and giving the US ample possibilities to spread chaos across the globe, fueling the civil wars in Libya, Iraq, Syria and Ukraine. Glaziev’s critics believe that such an alliance would be difficult to establish and that creating a non-dollar-based global financial system would be extremely challenging from a technical point of view. However, in her discussion with Vladimir Putin, the head of the Russian central bank unveiled an elegant technical solution for this problem and left a clear hint regarding the members of the anti-dollar alliance that is being created by the efforts of Moscow and Beijing: Continue reading

German, French defense companies to merge

VERSAILLES, France, July 2 (UPI) –Two major European Defense enterprises are merging their businesses as early as next year through a joint holding company.

The merger deal is between Germany’s Krauss-Maffei Wegmann and Nexter Systems of France, providers of land defense systems. Continue reading

Putin Says U.S Blackmailed France Over Warship With BNP Fine

President Vladimir Putin accused the U.S. of seeking to blackmail France into scrapping a contract to sell Mistral warships to Russia by offering to cut a record $8.97 billion fine against BNP Paribas SA. (BNP)

“We know about the pressure which our U.S. partners are applying on France not to supply the Mistrals to Russia,” Putin told Russian diplomats in Moscow today. “And we even know they hinted that if the French don’t deliver the Mistrals, they would quietly get rid of the sanctions against the bank, or at least minimize them,” he said without naming BNP Paribas.

“What is that if not blackmail?” Putin said. Continue reading

China to Set Yuan Clearing Banks in Luxembourg, Paris

In its continued push to make the yuan a global currency, China’s central bank said Sunday it plans to designate clearing banks for its currency in Paris and Luxembourg, as the two financial centers battle with London to become the leading European offshore yuan-trading city.

The People’s Bank of China announced the move in two separate statements Sunday. It didn’t say when it would designate the clearing banks. Continue reading