EU SUPERSTATE: Brussels ‘to force EVERY member state to adopt euro by 2025’

Eurozone

The EU wants every member state to adopt the Euro by 2025, reports claim [GETTY]

 

BRUSSELS officials want every European Union country to be using the euro by 2025, a bombshell new report has claimed.

Nine of the 28 member state in the EU are currently not part of the single currency.

The UK and Denmark are exempt, but the remaining seven nations all agreed to adopt the euro when they joined the bloc. Continue reading

Increasing Power at the Gulf

BERLIN/KUWAIT CITY (Own report) – Berlin is considering deploying German fighter jets in Kuwait to systematically expand its foothold in this Middle East Emirate. It is not yet clear, whether the Bundeswehr’s Tornados, currently participating in the anti-IS war, will be removed from Incirlik Air Base or where they may otherwise be stationed. The Kingdom of Jordan or the British colony on Cyprus (Akrotiri and Dhekelia) may be alternatives. Kuwait is also an option, given the fact that the German government has been intensifying its cooperation with the Emirate for quite some time – not only economically but also with arms deliveries. Increasing the German military presence in Kuwait would raise German-Kuwaiti relations to new heights. The Bundeswehr would also gain another foothold directly at the Persian Gulf. So far, particularly the US, British and French armed forces have a presence in that region. Continue reading

Merkel worried about Brexit Britain gaining Economic Advantage

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360b / Shutterstock.com

 

Speaking to a group of businesses in Berlin, Merkel said that once the UK formally leaves the bloc, which will currently set to be by the end of March 2019, we will be able to have a bonfire of EU regulations which will make us even more competitive on the world stage, gaining a possible economic edge. Continue reading

Germany warns it could pull its NATO troops out of Turkey base

Source: Spacewar

 

Berlin on Monday slammed Ankara’s refusal to allow German lawmakers to visit a NATO base near Syria and warned it could move its troops elsewhere.

The German foreign ministry described as “absolutely unacceptable” Turkey’s latest ban on a visit to the Incirlik base in southern Turkey, used by the international coalition fighting the Islamic State group.

Germany has about 250 military personnel stationed there, flying Tornado surveillance missions over Syria and refuelling flights for partner nations battling IS jihadists. Continue reading

Denmark Ready to Rebel on EU Open Borders

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The European Commission recently agreed that Austria, Denmark, Germany, Norway, and Sweden to continue checks at their respective borders for another 6 months, but warned that it would be the last time they would be permitted (yes, countries need permission from the EU to protect themselves) to do so.

Prime Minister, Lars Loekke Rasmussen, told the Danish Parliament on Tuesday that the number of people coming from Africa to Europe was “much, much too high”. Continue reading

The Germans Are Coming… And Their Groceries Will Cost Up To 50% Less Than Wal-Mart

 

Back in February we reported that as America’s deflationary wave spread through the grocery store supply chain, the scramble for America’s bottom dollar was on, and it prompted America’s largest low-cost retailer Wal-Mart to not only cut prices, but to squeeze suppliers in a stealthy war for market share and maximizing profits, a scramble for market share which is oddly reminiscent of the OPEC 2014 price fiasco and is certain to unleash a deflationary shock across wide portions of the US economy. Continue reading

China’s Project of the Century

BEIJING/BERLIN (Own report) – Berlin und Brussels are obstructing China’s “New Silk Road” mega project. Last Sunday, the EU refused to sign a declaration pertaining to this project at an international summit in Beijing with representatives from more than 100 countries, including 29 heads of states and governments. Beijing plans to invest trillions in this project to develop overland and maritime transport corridors from East Asia to Europe. It is considered one of today’s most important economic-strategic projects. A similar project, initiated by Berlin and Brussels in 1993 was a failure. China seeks new markets for its economy, but also seeks to consolidate unstable regions in the West of the People’s Republic. The “New Silk Road” is intended to closely connect the economies in Europe and Asia – without the United States, which had opposed it. German interests are contradictory: While business circles hope for new profits through intensified cooperation, China’s rise, propelled by this project, is challenging Germany and the EU’s geopolitical interests. Thus, Berlin and Brussels are taking an ambivalent position. Continue reading

New European Order: Angela Merkel pledges to shape EU future in GERMANY’S image

Angela Merkel

German Chancellor Angela Merkel said she will use close cooperation with Emmanuel Macron [GETTY]

 

ANGELA Merkel has refused to give up on her ambitious plans for the European Union and has pledged to push forward her relaunch plans.

German Chancellor Angela Merkel said she will use close cooperation with Emmanuel Macron to restart the European Union and shape the continent’s future.

Mrs Merkel doubled down in her commitment to the European project in remarks to voters on the campaign trail. Continue reading

Britain blocking EU military HQ: sources

Brexit-bound Britain is blocking the launch of an EU military headquarters because it opposes any suggestion that the unit would have an active operational role, EU diplomatic sources said Friday.

After months of tough negotiations, all 28 member states approved plans in March for a small grouping in Brussels to coordinate three of the bloc’s overseas training operations. Continue reading

Germany Confiscating Homes to Use for Migrants

Hamburg, Germany. (Image source: Morris MacMatzen/Getty Images)

 

“A massive attack on the property rights”

  • In an unprecedented move, Hamburg authorities confiscated six residential units in the Hamm district near the city center. A trustee appointed by the city is now renovating the properties and will rent them — against the will of the owner — to tenants chosen by the city. District spokeswoman Sorina Weiland said that all renovation costs will be billed to the owner of the properties.
  • Similar expropriation measures have been proposed in Berlin, the German capital, but abandoned because they were deemed unconstitutional.
  • Some Germans are asking what is next: Will authorities now limit the maximum amount of living space per person, and force those with large apartments to share them with strangers?

Authorities in Hamburg, the second-largest city in Germany, have begun confiscating private dwellings to ease a housing shortage — one that has been acutely exacerbated by Chancellor Angela Merkel’s decision to allow more than two million migrants into the country in recent years. Continue reading

Erdoğans Transition

BERLIN/ANKARA (Own report) – The German government is negotiating new German Turkish arms deals, as was confirmed by the German Ministry of Economics. Brigitte Zypries (SPD), Minister of the Economy, spoke with the CEO of Rheinmetall weapons manufacturer about upgrading the Turkish Leopard battle tank. “In principle,” such deals with NATO partners “can not to be restricted,” according to Berlin. The German government is also seeking to re-invigorate German-Turkish economic cooperation, to strengthen bilateral relations. Germany does not want to loose Turkey as a “bridge” connecting Germany and the EU to the Middle East. Under President Recep Tayyip Erdoğan, Ankara is not only strengthening the country’s economy and, in the long run, make it one of the world’s top ten economies (“Vision 2023”), he is also planning to transform the country into an independent regional power, forming alliances as it chooses – no longer dependent on the western states. The reorientation of its foreign policy is accompanied by the country’s transformation into a presidential dictatorship. Continue reading

The Coming China-Germany Trade Juggernaut

 

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In a post-American trade war, this emerging bloc will wield devastating power.

Stories of international angst over United States President Donald Trump’s protectionist approach are becoming more commonplace. Mr. Trump’s “buy American, hire American” catchphrase sounds good for many at home, but abroad, it is prompting a weighty reorganization of international trade relationships. And long term, the result will be a trade war that will prove ruinous to the U.S.

World trade has changed a great deal over the last several decades. The international community at large no longer depends on America’s giant import expenditures and exports. Parag Khanna of Politico wrote:

As Americans, it’s easy to assume that global trade still depends on America as the consumer of last resort. But that’s no longer true. In fact, the majority of trade in emerging-market nations is with each other, not with the U.S. In 1990, emerging economies sent 65 percent of their exports to developed nations like the U.S. and Europe, and only 35 percent to other developing countries. Today, that figure is nearly reversed. Continue reading

Brussels’ Provocations

BERLIN/LONDON (Own report) – German business associations are calling on the EU Commission to end its Brexit provocations. An unorderly Brexit would entail enormous costs for the German economy, the President of the German Chambers of Industry and Commerce (DIHK) warned; therefore an amicable Brexit agreement with London must be reached. The Federation of German Industries (BDI) expressed a similar view. The head of the EU’s Commission’s recent audacious financial demands and deliberate indiscretions have stirred massive resentment in the United Kingdom and were rightfully considered an attempt to influence Britain’s upcoming parliamentary elections. Observers attribute these indiscretions to EU Commissioner Jean-Claude Juncker’s German Chief of Staff, Martin Selmayr (CDU), who is currently playing a key role in the Commission’s Brexit negotiations’ preparations. The German Chancellery is now calling for restraint in view of the severe damage a hard Brexit could entail for the German economy. Continue reading

German finance minister jumps on Macron to demand great EU integration and economic reform

Finance minister Wolfgang Schauble will discuss boosting the Eurozone with the new French government

Finance minister Wolfgang Schauble will discuss boosting the Eurozone with the new French government [GETTY]

 

GERMANY is to urge Emmanuel Macron to push for more EU integration and a stronger Europe.

Incoming French president Emmanuel Macron has already spoken with German Chancellor Angela Merkel on the phone as she heralded his win a victory for a “united Europe”.

Mr Macron plans to visit Berlin shortly with German ministers poised to use the new French government to strengthen the eurozone.  Continue reading

Macron’s Victory May Be Disaster for Merkel

 

Angela Merkel was the first phone Emmanuel Macron made after the election.  My point about the election for Macron was the worst possible outcome for the Euro was not just reflected in yesterday’s outside reversal to the downside. Merkel has already made it clear that she will not relax  Eurozone spending rules to help Macron. The defeat of Le Pen has sealed the fate of Europe because there will be no reflection upon how to reform the EU to save Europe. Continue reading