Over the weekend Russia made a point of revealing another of their post-Cold War EW (electronic warfare) aircraft. This one is called the Il-22PP and described as an airborne electronic jammer that can block all manner of signals but particularly the digital ones (like Link 16) favored by Western warplanes. The Il-22PP was also described as being able to protect itself from anti-radiation missiles, like the American AGM-88. Since late 2015 Russia has revealed (to the public) the existence of other post-Cold War electronic warfare aircraft by using them in Syria or over Ukraine. Not so the Il-22PP, at least not yet. Continue reading
QUESTION: Mr. Armstrong; I attended the Paris conference of the BIS when you were the keynote speaker. You delivered a forecast that was probably too far ahead for its time. You said the euro would go through and it would first drop but then peak with deflation in 2008 after the markets crash from 2007. You elaborated saying currency rises during a crash when people run to cash. You also said the euro would then decline for 13 years into 2021 before a new system will emerge.
That stuck in my mind and I watched it fall then rally into 2008 and the crash of 2007 you forecast some 10 years in advance. My question is simply this. You said, if I remember correctly, that the dollar would soar thereafter and we would see another monetary crisis as we did in 1985. Is this your Monetary Crisis Cycle you will reveal in Orlando?
I, and a few others from that conference, have bought tickets. I hope to shake your hand this time for a job well done for they would not have tried to stop you forecasting if you were like everyone else who are usually wrong. Continue reading
TURKEY’S President Recep Tayyip Erdogan is attempting to get hold of an atomic bomb in a plot to build up the nation’s weapons, an expert has claimed.
With tensions threatening to reach breaking point between the US and North Korea it has emerged Turkey could be trying to build up its weaponry as relations with the EU reach a new low.
Quoted by Reuters, Ryabkov said that “we will of course intensify work related to import substitution, reduction of dependence on U.S. payment systems, on the dollar as a settling currency and so on. It is becoming a vital need.” The reason for that is that “the US is using its dominating role in the monetary and financial system to impose pressure on foreign business, including Russian companies.”
German energy company Wintershall, a European partner with Russia’s Gazprom, said the European energy sector can’t be used for “geopolitical football.”
President Donald Trump on Wednesday signed a bill into law that sanctions Iran, North Korea and Russia. The Russian measure in particular is significant given the election issue clouding the Trump administration. Continue reading
- London Mayor Sadiq Khan banned advertisements that promote “unrealistic expectations of women’s body image and health”. Now Berlin is planning to ban images in which women are portrayed as “beautiful but weak, hysterical, dumb, crazy, naive, or ruled by their emotions”. Tagesspiegel‘s Harald Martenstein said the policy “could have been adopted from the Taliban manifesto”.
- The irony is that this wave of morality and “virtue” is coming from cities governed by uninhibited leftist politicians, who for years campaigned for sexual liberation. It is now a “feminist” talking point to advocate sharia policy.
- To paraphrase the American writer Daniel Greenfield, the irony of women celebrating their own suppression is both heartbreaking and stupefying.
Within days after the Islamic State conquered the city of Sirte in Libya two years ago, enormous billboards appeared in the Islamist stronghold warning women they must wear baggy robes that cover their entire bodies, and no perfume. These “sharia stipulations for hijab” included wearing dense material and a robe that does not “resemble the attire of unbelievers”.
Two years later, Europe’s three most important cities — London, Paris and Berlin — are adopting the same sharia trend.
One month after the EU’s executive Commission launched legal cases against Poland, Hungary and the Czech Republic for “defaulting on their legal obligations” by refusing to comply with the EU’s refugee quotas (i.e., accept migrants), on Wednesday the three Central European nations suffered another blow after Brussels mounted a legal fightback to force them to comply with EU refugee quotas. The top European Union court’s adviser dismissed a challenge brought by Slovakia and Hungary against the obligatory relocation of refugees across the bloc, as it prepared to sign-off legal suits against the holdout countries.
The two states, backed by Poland, wanted the court to annul a 2015 EU scheme to have each member state host a number of refugees to help ease pressure on Greece and Italy, struggling with mass arrivals across the Mediterranean. Supported by Germany, Italy and Brussels, the EU’s “relocation” law has become one of the bloc’s most divisive recent policy initiatives, forced through over the objections of states from eastern and central Europe. Continue reading
The Polish government has accused the European Commission of “arrogance” and of “playing God” in a dispute on judicial reform.
Wednesday’s (26 July) barrage of reactions came after the Commission, earlier the same day, gave Poland one month to address concerns on political interference in the judiciary amid threats of an unprecedented EU voting penalty. Continue reading
The Vice-President of the European Commission, Frans Timmermans, escalated the diplomatic row between Brussels and Warsaw on Wednesday when he said that the EU was launching legal infringement proceedings and giving Warsaw a one month ultimatum over one of the recently passed reforms to Poland’s court system, even as earlier in the week Poland’s president Andrzej Duda vetoed two of the four controversial reforms to the judiciary. Continue reading
Britain aims to ban petrol and diesel cars in the country from 2040 as a sign of their commitment to reduce the rising level of nitrogen oxide in the world for a safer humanity.
The pledge is in line with Emmanuel Macron’s efforts in France as they also are working towards a much-anticipated clean air plan.
Government officials in Britain believe that the largest environmental risk to public health in the UK is poor air quality, costing 2.7 billion pounds in lost productivity in recent years. Continue reading
Turkish President Tayyip Erdogan prepares for a meeting with top European Union officials in the midst of an intensifying diplomatic row with Germany.
JULY 25, 2017 BRUSSELS—Turkish President Recep Tayyip Erdogan ramped up his anti-Western rhetoric Tuesday ahead of a meeting between his foreign minister and top European Union officials, saying the era of a submissive Turkey bowing to every Western demand is over.
Turkey has been mired in an escalating diplomatic row with European Union powerhouse Germany following the arrests last week of a group of human rights activists, including a German national, on terror-related charges. Earlier, a German-Turkish journalist was arrested for allegedly spying and aiding Kurdish rebels. Continue reading
Late on Friday, Congressional negotiators reached a deal to advance a bill that would punish Russia for its interference in the 2016 election and restrict the president’s power to remove sanctions on Moscow, according to the WSJ. The measure, if signed into law, will also give Congress veto powers to block any easing of Russian sanctions by the president. And while it remained unclear if President Donald Trump would sign the bill if it reaches his desk, which is now likely, the loudest complaint about the bill to date has emerged noe from the Oval Office, but from Brussels, after the EU once again urged (and warned, and threatened) US lawmakers to coordinate their anti-Russia actions with European partners, or else. Continue reading
I’ve just wrapped up a long trip to Japan. And I’ve taken away one lesson from all of my conversations, speeches and research: The rise of nationalism in the U.S. will cause massive shifts in global trade alliances.
One of the main beneficiaries will be Japan. Now, Japan might not be on your radar, day-to-day, but it’s about to play a very important role in the world of Donald Trump.
Here’s what I mean… Continue reading
WASHINGTON: U.S. legislation renewing and tightening sanctions on Russia, stalled in the House of Representatives, was not passed before the U.S. and Russian presidents met at the G20 summit in Hamburg. The proposed bill had already received criticism not only from Russia but also from Germany and Austria about the impact sanctions may have on Europe’s gas supply.
Europe and the United States need not worry: Energy markets have undergone significant transformation in favor of importers, and Russia’s tough talk warning against sanctions is little more than posturing. Russia needs Europe as a market for its oil and gas. Continue reading
BUDAPEST, Hungary (AP) — European Union leaders and Hungarian-American billionaire George Soros are seeking a “new, mixed, Muslimized Europe,” Hungary’s anti-migration prime minister said Saturday.
Prime Minister Viktor Orban said during a visit to Romania that Hungary’s border fences, supported by other Central European countries, will block the EU-Soros effort to increase Muslim migration into Europe. Continue reading