The Scramble for Africa

BERLIN(Own report) – German businesses are demanding that the government intensify its support for tapping the “continent of opportunity, Africa” in competition with China and other BRICS countries. Parallel to the West’s waning global influence, German businesses are loosing ground on the African continent. This is why German enterprises are pushing for increasing Hermes trade credit insurances, double taxation treaties, and generally “stronger political support for the German industry in Africa.” A building industry federation is explicitly demanding that future allocations of development funds be tied to orders for German/European firms. The German government has indicated its readiness to implement these policies. The KfW Development Bank and other public-sector banks are already seeking ways to support the German industry’s expansion efforts by expanding credit transactions. Continue reading

Germany to Kill Canada-EU Trade Agreement, May Axe US-EU Deal Too

In the end, they will side with Russia. Not only because of legal issues or political issues such as the Snowden ‘scandal’, but because they have historically leaned pro-Russian despite the last 70 years of strong relations with the United States. The current Chancellor, Angela Merkel, is heavily Russian influenced as she grew up in the Soviet controlled eastern portion of Germany and voluntarily participated in the DDR — and held leadership positions. She was groomed to be pro-Russian. Her predecessor, Gerhardt Schröder, strengthened business ties between nations during his tenure, plus he now works for Gazprom, a state-owned (KGB/FSB) Russian gas company — and knows exactly who and what entity he works for.

It doesn’t take a genius to see where this is going as leaves don’t fall far from the tree. The espionage ‘scandal’ is only an excuse — because it’s quite clear every nation spies on another, including allies — to do what Germany has long wanted to do: Kick NATO and the Western powers out and rule the European continent on its own.

NATO being shown the door is only one crisis away and a Russian invasion of Ukraine could prove that. NATO, the protectorate of Europe against Soviet aggression, is unprepared to fend off a Russian attack and will sit idly by while anger stirs against its intentional complacency. That would be the nail in the coffin for the West and a boost for Germany’s Fourth Reich to take the military lead, as it’s slowly pushing for now.

Germany is to scupper a free trade agreement between the European Union and Canada because the clauses giving legal protection to investors would give them too much power, according to a report in a leading Germany newspaper.

The Canada deal is considered a template for the United States-EU free trade agreement, the Transatlantic Trade and Investment Partnership (TTIP), which is still under negotiation. If Germany rejects the Canada agreement, then the American deal looks likely to fail, too.

A senior European Commission official in Brussels told the Sueddeutsche Zeitung: “The free trade treaty with Canada is a test for the agreement with the United States.” If the one with Canada is rejected, “then the one with the United States is also dead.” Continue reading

Netanyahu’s dilemma: Back Obama’s save Hamas policy, or fight for its downfall with Egypt and Saudis

Prime Minister Binyamin Netanyahu entangled himself Saturday and Sunday, July 26-27,  in the net he had cast to blur the effect of the unanimous decision by the security-political cabinet of Friday to turn down the ceasefire proposals proposed by US Secretary of State John Kerry and UN Secretary General Ban Ki-moon. The two diplomats and their partners, a brace of European ministers and Qatar and Turkey, who met in Paris to concoct a peace framework for Gaza, were privately dubbed by wags in Jerusalem the “Save Hamas Squad.”

Netanyahu tried to present the flat cabinet “no” to the ceasefire as a “no, maybe.”

His purpose was to leave an opening for the US and UN to ginger up their pro-Hamas framework for ending hostilities in the Gaza Strip by incorporating elements that Israel’s security needs half way. If that was done, Israel, he indicated, would be amenable to joining lengthy ceasefire accords with Hamas, or even making unilateral halts in violence. Continue reading

Islamic Jihad Said to Have Iranian ‘Judgement Day’ Missile

Sources said that Islamic Jihad’s big ‘surprise’ was a long-range, explosive-laden Iranian-made rocket.

Islamic Jihad has “many more surprises up its sleeve,” said Abdullah Shalah, head of the terror group said Sunday. In an interview on an Arab satellite station, Shalah said that “We have a store of strategic weapons that we have never used,” but was prepared to bring out against Israel if the war in Gaza continued. With that, he did not specify what those weapons were.

According to sources in Gaza, those weapons are Iranian-made “Zelzal” missiles, an unguided missile that can carry a payload of up to 600 kg (1,323 pounds) of explosives for a distance of up to 200 kilometers. Speaking to the Donia Alwattan news site, the sources, which claim to be close to Islamic Jihad, did not say how many such missiles the terror group had, adding that “this is their ‘judgement day’ weapon.” Continue reading

Banks accused of rigging silver price

Deutsche Bank, HSBC and Bank of Nova Scotia have been accused of attempting to rig the price of silver, in a lawsuit filed in the US.

The plaintiff alleges the banks, which set the price of silver each day, abused their position in the market.

The lawsuit follows similar filings in the gold price-fixing market. Continue reading

PLA Navy conduct naval exercises to ‘take back’ lost sea territories

The People’s Liberation Army Navy is ready to launch two major exercises in the disputed South and East China Seas between July 26 and Aug. 1 to demonstrate its fighting prowess to Vietnam, the Philippines and Japan, according to the Hong Kong-based Ta Kung Pao. Continue reading

PLA holds 3-month long exercises

The People’s Liberation Army launched large-scale exercises that will last for three months and involve multiple branches and military regions on Friday, reports our Chinese-language sister newspaper Want Daily.

The move is a response to the joint military exercise held by the United States, India and Japan off Japan’s southern coast from July 25 to 30, according to Agence France-Presse. Continue reading

U.S. Navy admiral says he’s open to idea of giving Chinese Navy tour of carrier

A top U.S. Navy official said he is “receptive” to idea of letting his Chinese crewmen tour a U.S. aircraft carrier based in Japan, but experts warn such access could be a risky intelligence giveaway.

Adm. Jonathan W. Greenert, chief of naval operations, told The Wall Street Journal that his Chinese counterpart mentioned the idea of a U.S. carrier crew touring its lone Liaoning carrier and a Chinese crew touring the USS George Washington.

“I’m receptive to that idea,” Greenert, who saw the Liaoning and other Chinese ships on a recent trip, told the paper.

Nan Li, an associate professor in the U.S. Naval War College’s China Maritime Studies Institute, however, said Beijing would likely benefit more from a tour than the U.S. Navy. Continue reading

DHS Anticipated 60,000 Illegal Child Border Crossers in January

ASPEN, Colo.—DHS Secretary Jeh Johnson confirmed Thursday that the Obama administration in January anticipated a surge of some 60,000 illegal children crossing the Southwest Border.

“It was apparent to me then that the Rio Grand valley sector of the Southwest border needed to be an area of particular concern,” Johnson said during remarks at the Aspen Security Forum.

“In January, in our budget process, we estimated that we were going to have 60,000 unaccompanied kids coming in,” he said, noting that resources for the influx were “ramped up.”

The border crisis grew worse during the period between March, April, and May when “unprecedented levels” of children crossed the border, he said. The surge peaked with thousands of illegals reaching the U.S. border in early June. Continue reading

Germany to ‘spy on US and UK intelligence gathering’ for the first time in 45 years

Germany has ordered surveillance of British and American intelligence gathering on its soil to begin for the first time since 1945, according to reports.
Under the decision, US and British intelligence operations in Germany will be subject to the same counter-espionage measures as those of Russia, China and Iran.

“We need to send a strong signal,” a source close to Chancellor Angela Merkel’s government told Süddeutsche Zeitung newspaper. The unprecedented move is a direct response to a series of spy scandals that have rocked British and American relations with Germany in the past year.

Mrs Merkel’s government has given the go-ahead to surveillance plans that first emerged after two suspected double agents were found allegedly spying for the Americans inside the German security establishment a few weeks ago. Continue reading

A Chinese Gold Standard?

LONDON — While the 70th anniversary of D-Day last month received a lot of attention, another event, in July 1944 — the Bretton Woods conference, named for the mountain resort in New Hampshire where it was held — was perhaps even more significant in shaping the modern world. It not only led to the creation of what are now the International Monetary Fund and the World Bank, but it also confirmed the central position of the United States dollar in the international monetary system.

Why does this matter for us now? Just as America displaced Britain as the world’s pre-eminent economic power in the interwar period, so, too, the large debts and fiscal pressures confronting the West, and the rise of China and other economic powers, challenge us to think about the future of finance.

For most of the 19th century the British pound had been the world’s “reserve currency,” the currency in which trade and finance were denominated. “As sound as a pound” became a widely used expression. The pound was pegged to gold at a fixed rate of just under £4 per ounce. Continue reading

‘We’re coming for you, Barack Obama’: Top U.S. official discloses threat from ISIL

High-ranking U.S. officials said Wednesday that not only are Sunni radicals with the Islamic State of Iraq and the Levant “worse than al Qaeda,” but that the group has a message for the president: “We’re coming for you, Barack Obama.”

The ISIL, under the command of Abu Bakr al-Baghdadi, has taken over large swathes of Iraq and confiscated heavy weaponry previously belonging to Iraqi security forces in the past two months. The terrorist group is now in possession of as many as 52 U.S.-made M198 howitzers, McClatchy news service reported in June. Continue reading

Establish Facts

KIEV/BERLIN (Own report) – After a jetliner was shot down over Eastern Ukraine, influential German foreign policy experts have begun calling for a military intervention, which may include German Bundeswehr units. “A Blue Helmet mission under the umbrella of the United Nations” should now be taken into consideration, declared Andreas Schockenhoff, Co-Chair of the CDU/CSU Group in the Bundestag. “Germany may also be asked” to contribute troops. For the Chairman of the Bundestag’s Defense Commission, Hans-Peter Bartels (SPD), a Blue Helmet mission is also “conceivable.” It is yet unclear, who bears responsibility for downing the jetliner. This is not an essential question for him, as past experience with Western interventions have shown: The EU and the USA must politically establish the facts. The war against Yugoslavia was justified with a massacre. Substantial doubts about central aspects of this massacre still persist. The sniper killings on Kiev’s Maidan Square on February 20 have never been elucidated, once they served as legitimation for overthrowing the government of President Yanukovych. Suspicions persist that sectors of today’s governing Maidan opposition may have played decisive roles in these murders; however that is of no interest to the West. On the contrary, there have never been political consequences for a US warship’s downing of an Iranian airliner in 1988. Continue reading

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

Russia starts reinforcing naval fleet in Crimea

Sevastopol (AFP) – Russia announced Wednesday that it had begun expanding and modernising its Black Sea fleet based in Crimea with new ships and submarines, just months after annexing the peninsula from Ukraine.

“Today we have started forming a powerful Black Sea fleet with an absolutely different level of air service, coastal missile and artillery troops and marines,” said Alexander Vitko, the Black Sea fleet commander, in a message to servicemen. Continue reading