Don’t mess with nuclear Russia, Putin says

LAKE SELIGER Russia (Reuters) – President Vladimir Putin said on Friday Russia’s armed forces, backed by its nuclear arsenal, were ready to meet any aggression, declaring at a pro-Kremlin youth camp that foreign states should understand: “It’s best not to mess with us.”

Putin told the assembly, on the banks of a lake near Moscow, the Russian takeover of Crimea in March was essential to save a largely Russian-speaking population from Ukrainian government violence. He said continued fighting in eastern Ukraine, where pro-Russian separatists launched an uprising in April, was the result of a refusal by Kiev to negotiate. Continue reading

The Hegemony over Southeast Europe

BERLIN/BELGRADE (Own report) -The “Western Balkans Conference”, opening in Berlin today, is overshadow [sic] by the dispute over sanctions against Russia and criticism of the Federal Intelligence Service (BND). Serbia, a participant in the conference, has declared, it will not join the EU’s sanctions. Serbian enterprises are therefore not affected by Russian countermeasures and are even replacing agricultural products, whose importation from the EU has been banned by Moscow. The German government is attempting to prevent this. Berlin, in turn, has been forced to admit that, for years, the BND had systematically spied on Albania. Albania, Germany’s NATO ally, will also attend the conference. Berlin has initiated the “Western Balkans Conference” to shore up the hegemony over Southeast Europe, which it had acquired in the 1990s against the growing influence of China, Turkey and, particularly, Russia.

Continue reading

Hungary seeks EU alliance to push closer ties with Russia

BUDAPEST: Hungary Prime Minister Viktor Orban on Monday said he would seek to form a political alliance to stop the European Union pulling away from Russia over the crisis in Ukraine.

“The EU gets further away from Russia every day. That’s not only bad for Hungary, but for the entire EU,” Orban told Hungarian ambassadors in Budapest. Continue reading

Britain’s Trident nuclear program at stake in Scottish independence vote

It’s important to note that Scotland, although part of the UK, is more EU friendly than it is British friendly. The EU wants NATO out and to isolate Great Britain as well. It wouldn’t be surprising if Scotland and the EU were working hand-in-hand behind the scenes.

 

For decades, Britain’s contribution to the threat of global Armageddon has found a home on the tranquil shores of Gare Loch, where soaring green mountains plunge into murky gray waters plied by sporty kayakers, weekend yachtsmen — and nuclear-armed submarines.

The subs slip past this garrison town as quietly as sea monsters. Their dark hulls breach the water’s surface on their way from base out to the deepest oceans, where British naval crews spend months poised to unleash the doomsday payload.

But if Scotland votes “yes” in an independence referendum next month, the submarines could ­become nuclear-armed nomads, without a port to call home. Washington’s closest and most important ally could, in turn, be left without the ultimate deterrent, even as Europe’s borders are being rattled anew by a resurgent Russia. Continue reading

Germany has spied on Turkey since 1976: Focus magazine

 

(Reuters) – Germany’s foreign intelligence agency has been spying on Turkey for nearly four decades, Focus magazine said on Saturday in a report which could raise tensions further between the NATO allies.

The details about the duration of possible surveillance and on the decision-making surrounding it go further than first reports earlier this week.

Turkey summoned Germany’s ambassador in Ankara on Monday after media reports that Berlin had identified Ankara as a top target of surveillance in a government document from 2009 and had been spying on Turkey for years.

Focus magazine said the BND intelligence agency had been spying on Turkey since 1976 and that German government under the then Social Democrat chancellor Helmut Schmidt had expressly approved the step.

Continue reading

US banks bracing for Brexit

According to sources quoted by the Financial Times, three American banks — Bank of America, Citigroup and Morgan Stanley — are “drawing up plans to move some London-based activities to Ireland to address concerns” the UK would leave the European Union after a referendum on EU membership to be held possibly in 2017.

Continue reading

South Stream ‘Plan B’ opts for route through Greece and Turkey

A Russian newspaper has published an article suggesting that the Kremlin-favoured South Stream gas pipeline could drop Bulgaria, Serbia, Hungary, and Slovenia for its route, and instead reach its final destinations, Italy and Austria, through Turkey and Greece.

On Monday (18 August), Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct the construction of the South Stream pipeline.

A caretaker government in Sofia, which took office on 6 August, has frozen the construction of South Stream, following clear indications from Brussels that the EU executive would impose infringements on Bulgaria, unless the country re-negotiates its bilateral agreement with Russia for the construction of the pipeline, which is in breach of EU law.

Continue reading

Vladimir Bukovsky: EU = USSR

Can you also guess which nation runs Europe now… for the third time?

 

Former Soviet dissident Vladimir Bukovsky spent a total of 12 years in Soviet psychiatric prisons and labor camps. Upon his first release from the camps, he asked a journalist to set up some cameras to record his testimony about what was really going on within the Soviet penal system.

Bukovsky knew he would be arrested again for spilling the beans. But he wanted the world to know the truth about the human rights’ abuses going on within the Soviet Union; he was afraid he might not have the mental faculties to tell his story, considering the drugs he was being injected with in the camps.

Now, Vladimir Bukovsky is warning about the ominous rise of the European Union (EU), which he refers to as the “pale version of the Soviet Union.” Continue reading

Tensions soar as Ukraine says destroys Russian armour

Kiev (AFP) – Ukraine said on Friday it had destroyed part of a Russian military convoy that crossed onto its territory in an incursion that has sent cross-border tensions rocketing.

NATO accused Russia of active involvement in the “destabilisation” of eastern Ukraine, where pro-Kremlin separatists have been fighting against Kiev for four months.

Ukrainian President Petro Poroshenko told British Prime Minister David Cameron that government artillery had destroyed a “considerable part” of a small military convoy that entered the country, the presidency said in a statement. Continue reading

France rebels against austerity as Europe’s recovery collapses

France’s finance minister sends tremors through European capitals with a defiant warning that his country would no longer try to meet deficit targets

Eurozone strategy is in tatters after economic recovery ground to a halt across the region and France demanded a radical shift in policy, warning that austerity overkill is driving Europe into a depression.

Growth slumped to zero in the second quarter, with Germany contracting by 0.2pc and France once again stuck at zero. Italy is already in a triple-dip recession.

Yields on 10-year German Bunds fell below 1pc for the first time in history, beneath levels seen during the most extreme episodes of deflation in the 19th century. French yields also touch record lows. Much of the eurozone is replicating the pattern seen in Japan as it slid into a deflation trap in the late 1990s.

It is unclear whether tumbling yields are primarily a warning signal of stagnation ahead or a bet by investors that the European Central Bank will soon be forced to launch quantitative easing, buying government bonds across the board.

Continue reading

Spanish public debt tops one trillion euros

Spain’s public debt has topped one trillion euros ($1.3 trillion) for the first time, the central bank announced Thursday, despite years of government-imposed austerity.

The nation’s accumulated public debt mushroomed to 1.007 trillion euros at the end of June from 996 billion euros a month earlier, the Bank of Spain said in a report. Continue reading

Crisis stalks Europe again as deflation deepens, Germany stalls

Data from Germany, Italy and Portugal put pressure on ECB to act

Portugal has crashed into deep deflation and Italy’s inflation rate has fallen to zero as the eurozone flirts with recession, automatically pushing these countries further towards a debt compound spiral.

The slide comes amid signs of a deepening slowdown in the eurozone core, with even Germany flirting with possible recession. Germany’s ZEW index of investor confidence plunged from 27.1 to 8.6 in July, the sharpest fall since June 2012, during the European sovereign debt crisis. “The European Central Bank has to act now,” said Andrew Roberts, credit chief at RBS. Continue reading

Germany Is Building a European Army Before Your Eyes

The Dutch army is made up of three brigades, plus support staff and Special Forces. On June 12, one of those brigades, the 11th Airmobile, officially joined the German army.

This was the first time ever that European country has handed part of its army over to another country. “Never before has a state renounced this elementary and integral part of its sovereignty,” wrote Die Welt’s political editor Thorsten Jungholt.

Now, Germany is making it clear that this was not an isolated event. Instead, it is a pattern Germany intends to follow as it absorbs more units from foreign militaries. “Germany is driving the European Army Project” was the title of Jungholt’s Die Welt article. Continue reading

Looking For The Spark Of World War 3? Start Here

The arc of this story points to at least one likely conclusion: the dreadful day that ISIS (shorthand for whatever they call themselves) overruns the US Green Zone in Baghdad. Won’t that be a nauseating spectacle? Perhaps just in time for the 2014 US elections. And what do you suppose the policy meeting will be like in the White House war room the day after?

There is not a nation on earth that is preparing intelligently for the end of oil — and by that I mean 1) the end of cheap, affordable oil, and 2) the permanent destabilization of existing oil supply lines. Both of these conditions should be visible now in the evolving geopolitical dynamic, but nobody is paying attention, for instance, in the hubbub over Ukraine. That feckless, unfortunate, and tragic would-be nation, prompted by EU and US puppeteers, just replied to the latest trade sanction salvo from Russia by declaring it would block the delivery of Russian gas to Europe through pipelines on its territory. I hope everybody west of Dnepropetrovsk is getting ready to burn the furniture come November. But that just shows how completely irrational the situation has become… and I stray from my point. Continue reading

Poland plans new canal to by-pass Russia

Poland plans to construct a new canal to bypass a stretch of coastline controlled by Russia, as the country tries to rid itself of dependence on its neighbour.

Costing an estimated £167 million, the planned canal will link the Vistula Lagoon in the north east of Poland with the Baltic Sea. Currently, all sea traffic from the lagoon and the flourishing port of Elblag has to travel through Russian waters to get to the Baltic. The canal will cut through a narrow strip of land separating the lagoon from the sea. Continue reading