In the aftermath of a report that Germany was working on a global payment system that is independent of the US and SWIFT, on Monday Germany and France said they’re working on financing solutions to sidestep U.S. sanctions against countries such as Iran, including a possible role for central banks, Bloomberg reported.
“With Germany, we are determined to work on an independent European or Franco-German financing tool which would allow us to avoid being the collateral victims of U.S. extra-territorial sanctions,” French Finance Minister Bruno Le Maire said Monday during a meeting with press association AJEF. “I want Europe to be a sovereign continent not a vassal, and that means having totally independent financing instruments that do not today exist.”
The discussions, which also involve the U.K., are a signal that European powers are trying to get serious about demonstrating a greater level of independence from the U.S. as President Donald Trump pursues his “America First” agenda.Continue reading →
As Global Geopolitics has noted for years, Bible prophecy tells you where relations between both America and Germany are heading. No book or news outlet is as up-to-date as the Bible.
(Photo Credit: Society for Worldwide Interbank Financial Telecommunication)
This would be the first tangible sign of Berlin breaking away from Washington.
In a move meant to “strengthen European autonomy” in the wake of the U.S. walking away from the 2015 Joint Comprehensive Plan of Action nuclear deal with Iran and its opposition to the Nord Stream 2 pipeline project, Germany’s government is seeking an end to the dollar’s dominance as a global exchange currency.
After threatening to walk away from the alliance over spending issues, he claims the other members have agreed to his demand during an emergency meeting.
After hinting that the U.S. might withdraw from the alliance if NATO’s members won’t adhere to their commitment to spending requirements, President Donald Trump sent the heads of state from all 29 member countries scrambling into emergency session—after which he emerged claiming a new victory.
The president got the ball rolling on the final day of the NATO summit in Brussels by tweeting:
“What good is NATO if Germany is paying Russia billions of dollars for gas and energy? Why are there only 5 out of 29 countries that have met their commitment? The U.S. is paying for Europe’s protection, then loses billions on Trade. Must pay 2% of GDP IMMEDIATELY, not by 2025.” Continue reading →
President Donald Trump shared on Twitter Wednesday a video of sharp words he directed toward NATO Secretary General Jens Stoltenberg about Germany being “totally controlled by Russia” regarding their energy relationship.
“Germany, as far as I’m concerned, is captive to Russia because it’s getting so much of its energy from Russia,” Trump told Stoltenberg at a bilateral breakfast ahead of the NATO summit in Brussels, Belgium. Continue reading →
PARIS/BERLIN (Own report) – Germany is participating in a new European military formation that was launched yesterday. Originally a French proposal, the European Intervention Initiative (EII) will be open to EU and Non-EU member countries to join. Expanding the existing EU military cooperation (“PESCO”) with a new operational component, the EII should facilitate rapid decisions on joint military interventions. A first meeting of military commanders from the hitherto nine participant states is set for September. The EII includes Great Britain, which plans to continue its military cooperation with the continent, even after Brexit, as well as Denmark. Since the coordination of military interventions is now officially set outside of the EU framework, Denmark can sidestep the opt-out from EU military policy, it had once granted its population. Referred to by experts as a European “coalition of the willing,” it goes hand in hand with the EU Commission’s militarization plans worth billions and the high-cost German-French arms projects.
The predictions have come true about the emergence of a new defense group that will change the European security environment. On June 25, the defense chiefs from nine EU countries signed off on the creation of a new force called the European Intervention Initiative (EII), which is spearheaded by French President Emmanuel Macron. The new organization will have a common budget and a doctrine establishing its guidelines for acting and joint planning for contingencies in which NATO may not get involved. The group includes the UK, Germany, Denmark, the Netherlands, Belgium, Estonia, Spain, and Portugal. Italy may join soon. The initiative is not tied to the EU’s Common European Defense, which includes the PESCO agreement as well as NATO. Great Britain has always opposed the idea of creating a European defense alliance, fearing it would undermine transatlantic unity. Now it has done an about-face, as the rifts within the US grow deeper. Continue reading →
Leopard II battle tank is pictured in action at the Oberlausitz training area in Weisskeissel. Source: Reuters
Nine European states – France, the UK, Germany, Belgium, Denmark, the Netherlands, Estonia, Spain and Portugal are going to establish a joint military intervention force, France’s Defense Minister Florence Parly has told the French newspaper Figaro.
“Defence Europe requires a common strategic culture … The deadlines and decisions in the EU are still much too long compared to the urgency that can arise from a critical situation in a country where Europeans would consider that there is a strong stake for their security,” she said.Continue reading →
There are some saying that Angela Merkel will be overthrown in a matter of weeks and others saying that there is no plot to remove her. Nevertheless, scandal rising in Germany over the refugee crisis keeps brewing behind the curtain. Cyclically, 2018 may be a peak in Merkel’s career despite what people are trying to deny.
Angela Merkel was born in Hamburg, West Germany, on July 17, 1954, and was actually trained as a physicist. She entered politics after the 1989 fall of the Berlin Wall. She eventually rose to the position of chairwoman of the Christian Democratic Union party becoming Germany’s first female chancellor. Moreover, Merkel has actually become the best-known politician in Europe whose face is more recognized than anyone else in Europe no less Brussels. Continue reading →
German authorities have charged a Tunisian citizen with building a biological weapon, after finding significant quantities of the highly toxic substance ricin in his apartment. The 29-year-old man is referred to in public reports only as “Sief Allah H.”, in compliance with German law that forbids the naming of suspects until they are found guilty in court. German officials said last Thursday that the man remains in custody and has been charged with violating Germany’s War Weapons Control Act (known as Kriegswaffenkontrollgesetz) and “preparing a serious act of violence against the state”. Continue reading →
Angela Merkel, Germany’s Chancellor and Christian Democratic Union (CDU) party leader, speaks at the CDU party conference in Essen, Germany (Photographer: Krisztian Bocsi/Bloomberg)
(Bloomberg) — Chancellor Angela Merkel made a forceful pitch for Europe to play a more assertive role in global affairs as U.S. President Donald Trump dismantles the post-World War II order, setting the stage for a potential tense standoff at the Group of Seven summit this week.
The German leader again questioned the durability of trans-Atlantic relations by referring to eye-raising comments she made over a year ago in which she said that “the times when we could fully rely on others are to some extent over.” Those words, spoken at a beer-tent election rally, were a reaction to Trump hectoring European leaders for not spending enough on defense at a North Atlantic Treaty Organization summit in Brussels. Since then, more fuel has been added to the fire.
“That was my takeaway from the NATO summit, and in the meantime I continue to feel confirmed by my statement,” Merkel said in Munich on Wednesday, this time to a meeting of the European People’s Party, a grouping of center-right parties in the European Parliament.
ROME/BERLIN (Own report) – Following massive pressure from Berlin, Italy’s new government has renounced on appointing a well-known euroskeptic to become economy and finance minister. The renowned economist Paolo Savona must accept a less prominent post as Minister for European Affairs – above all because he criticizes Germany’s blatant policy of domination at the expense of the other euro zone countries. The far right Lega Nord is now almost as strongly represented in Rome’s government as the 5-Star Movement: Due to Germany’s open interference, Lega’s poll ratings have soared, thereby significantly increasing its political clout. In the run-up, German politicians and media had reactivated a tactic they had been using since the beginning of the euro crisis: With warnings of harsh financial market reactions, they fuel the fear of a crisis, thus applying even more pressure on Rome. According to German media with wide circulation, Italy’s policy “concerns all of us” – “Interfere!”
BERLIN/WASHINGTON (Own report) – The EU announced its first defensive measures against US plans to penalize European companies’ business engagements with Iran, by reactivating the 1996 “Blocking Statute.” That law prohibits companies from terminating their business engagements with Iran, to avoid severe penalties in the United States. Some companies from Germany and other EU countries have already announced that they will cancel their contracts with Tehran to avoid endangering their business ventures in the US. German companies, involved in profitable ventures with Russia, could be facing a similar situation. Washington threatens to demand that businesses from Germany and the EU comply also with the April 6 sanctions announced by US President Donald Trump, against some Russian oligarchs and their companies. According to government advisors, German Russia-oriented businesses are “virtually panicking” because of the escalation of a global trade war.
Brussels has issued some thinly veiled threats to countries that essentially asks them to forego their national, legal sovereignty if they want to keep receiving EU funds…it sounds a bit like a ransom note.
The Turkish government has made the decision to repatriate all of its gold reserves that are currently housed in the US Federal Reserve System (FRS). Overall Turkey was storing 220 tonnes, valued at $25.3 billion, in the US, which it repossessed on April 19, 2018.
Turkey’s President Recep Tayyip Erdogan has toughened his stance against the US dollar (USD), declaring that international loans should be made in gold instead of the American currency. Ankara is seeking to reduce dependence on the US financial system. The gold’s homecoming was partly prompted by the US threats to impose sanctions if Turkey goes through with the signed deal to purchase Russian S-400 missile defense systems. Continue reading →
BERLIN/DAMASCUS (Own report) – Berlin and the EU are seeking to use Syria’s hardships for leverage to gain influence on that country’s political development. Berlin will provide humanitarian aid for the Syrian population, German Foreign Minster Heiko Maas announced at yesterday’s Syria conference in Brussels – aid that is also seen as helpful in preventing a new wave of mass migration to the EU. However, aid for the country’s reconstruction will only be granted, if Damascus makes political concessions, Maas declared. Berlin considers reconstruction aid a promising lever, because Syria, most likely, will not be able to raise the more than €200 billion necessary, and its closest partners, Russia and Iran are low on funds due to the western economic sanctions. Experts warn that, for example, in Raqqa, under the control of Syrian opposition forces and the USA, another insurgency could develop should reconstruction continue to be delayed. A US journalist calls Raqqa’s level of destruction the worst he has ever seen in the Middle East.