Most Americans are oblivious to the ongoing sell-off of institutionalized names. Many take for granted that these companies are still under the Stars and Stripes. Advanced and emerging foreign markets are exploiting this fiscal weakness, as their businesses establish distribution routes and introduce domestic brand names to the United States consumer marketplace.
Below is a sample of corporations that most people think are American, but are owned by foreign companies.
- Budweiser – Belgium
- Adidas; Alka-Seltzer; Dial Soap; Puma; Trader Joe’s; Tretorn; T-Mobile – Germany
- Flatiron Building; Sunglass Hut – Italy
- Chicago Skyway; Indiana Toll Road – Spain/Australia
- Gerber Products; Toll House – Switzerland
- Frigidaire – Sweden
- Red Bulls MLS team – Austria
- Good Humor-Breyers – Britain/Netherlands
- French’s Mustard; Holiday Inn – Britain Continue reading
When there is no other option on the table but an extreme measure, you know you might be in the final stage before the collapse. The EU has been staring into the abyss for quite a long time already and every effective tool that has been used was only good enough to kick the proverbial can down the road — only to worry about it again when the same problem resurfaces, then rinse and repeat with a different technique. Whether it will collapse soon can only be told by time alone.
The European Central Bank wants to spur lending by banks in Southern Europe, but conventional methods have shown little success so far. On Thursday, ECB officials will consider monetary weapons that were previously considered taboo.
From Mario Drahgi’s perspective, the euro zone has already been split for some time. When the head of the powerful European Central Bank looks at the credit markets within the currency union, he sees two worlds. In one of those worlds, the one in which Germany primarily resides, companies and consumers are able to get credit more cheaply and easily than ever before. In the other, mainly Southern European world, it is extremely difficult for small and medium-sized businesses to get affordable loans. Fears are too high among banks that the debtors will default. Continue reading
The 100-year period from 1815 until World War I began in 1914 was one of Europe’s greatest periods of peace ever. But consider what happened during those years: France invaded Spain; Russia fought Turkey; various German states fought with Denmark, Austria and France; Britain and Turkey fought Russia; and Greece fought Turkey. Those are just the “highlights”—and they don’t include the numerous internal conflicts, uprisings, declarations of independence and other political unrest that occurred. Even Switzerland had a civil war.
That is what “peace” in Europe looked like before the latter half of the 20th century. Continue reading
Iran and North Korea working on 80-ton rocket booster
Iranian collaboration with North Korea on a new rocket booster for long-range missiles undermines the deal with Tehran on its nuclear program, key Senate and House Republicans said on Tuesday.
“While the president was undertaking his secret negotiations—which Congress wasn’t informed of—he had to know Iran and North Korea were testing new engines for ballistic missiles to target the United States,” said Rep. Mike Rogers (R., Ala.) chairman of the House Armed Services subcommittee on strategic forces. Continue reading
Iranian Diplomacy’s exclusive interview with Fyodor Lukyanov, columnist for Al-Monitor and editor of the journal ‘Russia in Global Affairs’
- Many in Iran believe that Russia was the winner in Iran’s isolation and the sanctions against this country. Do you agree with such an assessment? With an improvement in relations with the West, do you predict that Tehran would distance itself from its look-to-the-East policy and prefer the European markets to Russia for its energy?
- Relationship based on inability of one of the partners to choose cannot be sustainable. Yes, Russia benefits from absence of Iranian oil and gas on certain markets, but it no strategy at all. Russia is facing huge challenges with the need to diversify its economy, to find new markets in the East, and there is not a right approach to rely on expectations that powerful competitors are removed from the market. Continue reading
Much like China, Germany is becoming more stealthy with what they do inland. The original article was in German and is roughly translated via Google Translate.
Completely unnoticed by the public, the Bundeswehr was rehearsing in a large maneuver the invasion of a foreign state and the use of a popular uprising against the Special Forces “Crowd Riot Control” (CRC).
In large-scale maneuvers , the Bundeswehr rehearsed the invasion of a foreign country and use against a popular uprising. A total of 3,500 soldiers and 700 land and air vehicles participated in the so-called “training exercise information” part. An Air Force officer praised the exercise because of their practicality in the words: “You develop a better understanding if you feel the matter, when you see them, you have to smell the gunpowder and hear the noise.” Continue reading
Chancellor Angela Merkel wants the next government to be unified on its EU policy, but her sister party is resorting to populism. Bavaria’s Christian Social Union wants tougher provisions against deficit offenders and the ability to drive them out of the euro zone.
What they didn’t reveal is the fact that the 12-page paper they negotiated in a working group covering European issues also includes a short note that has been appended to the minutes. In the text, which has been seen by SPIEGEL ONLINE, the CSU, the Bavarian sister party to Merkel’s CDU, calls for repeat deficit offenders to exit the euro zone. Continue reading
BERLIN/BRUSSELS/WASHINGTON (Own report) – New records in German foreign trade are provoking massive international criticism of Berlin’s concentration on exports. According to reports, the German economy has achieved a foreign trade surplus of 20.4 billion Euros in September – a new record. It is estimated that for 2013, German companies’ exports will exceed by around 200 billion Euros the amount imported. That is the world’s highest national import-export gap. Protests are growing because many of the customer countries for German products thereby are driven into debt, as was the case in the crisis countries of the southern Euro zone. Other than the EU Commission threatening Berlin with an official reprimand, the US Secretary of Finances is accusing the German government of threatening the stability of the global economy. The IMF is also emphatically insisting that Germany rein in its export offensive. It is based on the low-wage policy, initiated by the SPD-Green government coalition – and continued by the CDU-SPD grand coalition – which provides a decisive competitive advantage to German industry. During those administrations, Germany was the sole EU nation with decreasing real wages. Continue reading
Russia’s president pursues dream of new ‘Silk Road’ passing through North Korea into the South en route to Europe during Seoul visit
Russian President Vladimir Putin was in South Korea on Wednesday to push a pet project for a new major trading route linking Asia and Europe by rail that requires prying open North Korea.
Putin hopes his brief visit will include the signing of a memorandum of understanding on the ambitious project, which envisages an ‘Iron Silk Road’ uniting the rail networks of South and North Korea and connecting them to Europe via the Trans-Siberian Railway. Continue reading
The following is a roughly into-English translated version of the original article (Swedish) via Google Translation:
For nearly two hours were attacking exercises against Sweden, Poland and the Baltic states of five Russian planes, including two bombers that were detected via radar as they flew out of the Gulf of Finland.
- I think the purpose was to practice the strategic bombers, to carry out various types of attacks, and it is not impossible that they also wanted to highlight the Russian presence in the southern Baltic, says Anders Persson, acting flight tactical commander in the Armed Forces to SVT . Continue reading
Every day it becomes increasingly clear that Germany is using economic warfare as a means to subjugate EU members and force them into being vassal states. It’s also clear that all EU members aren’t on board and won’t tow the German line, therefore we are likely to see in the future a breakup of the EU because it was never going to work in the first place, yet it was by design that this was to happen. As a result, look for an inner-core of Europe consisting of ten nations to be formed and in a union around the German center. The manufactured chaos will allow for German political influence coupled with its economic tenacity during hard times to lead the way while the remaining members latch on to its leadership and give it power.
To preempt a complete and 100% breakdown or revolt against its imperial hegemony as the article suggests, Europe’s powerhouse is likely to shift cheap labor outward towards the peripheral countries to keep their economies just above water and the citizenry obliviously content. The EU’s answer to the EU’s problems is always centered around one goal: More Europe, as every crisis proves to be an opportunity for more regulation and centralization. The United States of Europe is coming, and it will resemble iron mixed with clay.
BERLIN (Own report) – German government advisors support the establishment of new integrationist procedures to pre-empt future resistance to German predominance over the EU. “A major redistribution of power” is currently taking place in Europe, with France and Great Britain falling clearly behind Germany, according to a recent declaration of the German Institute for International and Security Affairs (SWP). In Southern Europe, there are already massive protests against the German government’s dictates. These have not yet had major consequences, but timely preventive measures should be taken to pre-empt the establishment of a “countervailing power.” The SWP’s suggestions support various initiatives from within Berlin’s establishment aimed at consolidating German domination over the EU and pushing the next German government toward a more offensive global policy. The German president, for example, called in this year’s National Holiday speech for a more offensive German approach to global politics, and the SWP pleads for Berlin to assume a more decisive “leadership.” Whereas German predomination over the EU is today taken for granted, a shift is perceived in relations to the most important global rival – the United States. Continue reading
MOSCOW — Ukraine is leaving Russia for Europe. That’s what many observers see as the likely consequence of the Association Agreement that Ukraine and the European Union are expected to sign at a summit meeting in Vilnius at the end of this month. But those who expect Ukraine to embark on a fast transformation should not be complacent. Bitter disputes persist within the Ukraine-E.U.-Russia triangle, complicated conflicts that are about selfish interests, not universal values.
Vladimir Putin may say that opening borders to European goods and services under the Association Agreement’s free-trade pact is Ukraine’s sovereign choice. But Russia’s president is a master at dissembling: He is widely believed to have promised his Ukrainian counterpart, Viktor Yanukovich, to inflict a lot of pain if the Association Agreement is signed. Continue reading