Deutsche Bank looks tailor-made to give Angela Merkel a headache.
Germany’s biggest banks are in big trouble. That’s not exactly news. Before the financial crisis, Deutsche Bank’s share price was nearly €100 (us$135) a share. At the start of this year it was €21.45 ($24). This week, it hit its lowest value since 1973 and currently stands below €11. Now its situation is so dire that its name is trending on Twitter.
Since the 2008 financial crisis, Germany has been the rock of stability for Europe’s economy. It has weathered the storm with low unemployment, while economic crises upended entire political systems elsewhere in Europe. Now the banks at the heart of Germany’s economy seem on the brink of going under. The global economic crisis that began in 2008 could be about to hit Germany.
The success of Marine Le Pen and the National Front (FN) in France underlines the shifting plates of European politics.
She is far right, anti-Europe and anti-immigration, but many of those who voted for her once voted for the Communists and the Socialists.
She has attempted to reinvent the FN as the party of the voiceless, the left-behind and the angry. Continue reading
The Stride-2015 Zhurihe series exercise commenced on June 1 at the Zhurihe Combined Tactics Training Base of the People’s Liberation Army in the grasslands of northern China’s Inner Mongolia autonomous region. Zhurihe is Asia’s largest and the PLA’s most modernized training base, and is the only base where the PLA can hold group-army-scale actual-troop campaign exercises. Continue reading
As with the previous rare occasions where a full article was posted due to its importance, this will remain no exception. Please see the source website for more similar articles.
What happens after a globe-shaking financial crisis? We are stumbling through one right now, and we all want to know what we are in for next. Fortunately—and unfortunately—this situation is precedented.
Early last century, the globe’s First World War extinguished lives, torched economies and left Europe smoldering with grievances. Afterward, the world was rocked by the most violent financial earthquake in modern times—the Great Depression.
The nations were churning: brutal dictators were rising, anti-Semitism was becoming mainstream, civil war erupted in Spain, Japan invaded Manchuria, Italy invaded Ethiopia. But instead of facing the challenges, Britain and America turned increasingly inward, focusing on their own wounded economies, slashing their militaries and pointedly ignoring the world outside.
Decades after World War III, will historians be writing something similar? The nations were churning. Radical dictators were rising, anti-Semitism was becoming mainstream, Germany conquered the Balkans, Russia invaded Georgia, civil wars erupted in the Middle East, China built a military powerhouse, a new strongman arose in Russia, a crafty emperor arose in Europe. But instead of facing the challenges, Britain and America turned increasingly inward, focusing on their wounded economies, slashing their militaries and pointedly ignoring the world outside.
Today is the 75th anniverary of the non-aggression pact between the Hitler and Stalin, the latter becoming (after Hitler attacked Stalin on June 22, 1941) the member of the “Big Three” known as “Uncle Joe.” In the commemorative essays discussing the twin dictators’ earlier alliance of August 23, 1939, which would be followed by Hitler and Stalin’s conquest of Poland the following month, the pact’s secret protocol that divided the nations of central and Eastern Europe between them is also mentioned. I have yet to see, however, any discussion of how that secret protocol became known to the public.
There, in a Nuremberg prison yard, a German defense lawyer by chance overheard top Nazis (von RIbbentrop and Goering) discussing the contents of the still-secret protocol, which offered evidence of Stalin’s guilt in committing “conspiracy to wage aggressive war,” one of the key charges against the German high command. With Stalin trying to blot out his alliance with Hitler from the record — with full support of his British and American allies — how did the secret protocol ever come to the world’s attention?
… Even to participate in these trials, the Western Allies had to overlook Stalin’s crimes and pretend they had not taken place within the timeline of the war whose very outbreak was precipitated by the infamous 1939 Nazi-Soviet nonaggression pact negotiated by German foreign minister Joachim von Ribbentrop and Soviet foreign minister Vyacheslav Molotov. After all, the Nazis and Soviets had begun World War II together as allies with the invasion of Poland. The Germans invaded Poland from the west on September 1, 1939—a well-known date—and the Red Army invaded from the east on September 17, 1939. Continue reading
Communist pamphleteers are using the American Federation of Teachers annual convention as a recruiting ground, according to a new video.
Men with Mao Zedong-emblazoned messenger bags distributed fliers to union members as they entered the Los Angeles convention center, where thousands of teachers have gathered to discuss the state of the nation’s second largest teachers union.
Communist literature has appeared throughout the convention floor. Issues of the communist newspaper Red Flag have also been handed out to teachers as they gathered to reelect president Randi Weingarten, one of the most influential Democrats in the nation and a leader of the shadowy Democracy Alliance. Continue reading
Andrej Illiaronov, Putin’s economic adviser between 2000 and 2005 and now senior member of the Cato Institute think tank, said that “parts of Georgia, Ukraine, Belarus, the Baltic States and Finland are states where Putin claims to have ownership.”
“Putin’s view is that he protects what belongs to him and his predecessors,” he said.
When asked if Putin wishes to return to the Russia of the last tsar, Nicholas II, Illiaronov said: “Yes, if it becomes possible.” Continue reading
Vladimir Putin was set to return to the Kremlin last night, with early results giving him more than 60 per cent of the vote in a presidential election that was marred by allegations of fraud.
The first results, with 15 per cent of ballots counted, gave Mr Putin nearly 62 per cent of the votes and Gennady Zyuganov, a veteran Communist, a distant second with about 18 per cent.
The result was never in doubt: preparations had been under way all day for a victory rally in Manezhnaya Square, outside the Kremlin. Thousands of supporters, many bussed in from the provinces, gathered to wave flags in sub-zero temperatures – a display intended to show that Mr Putin still has real support among ordinary Russians.
Full article: Critics cry fraud as poll gives Putin third term in Kremlin (The Independent)
Unpopular opinion going against the grain that is highly interesting and well researched:
The first thing we’re going to do is admit that this is a touchy subject. We know that people will not be happy with us about this information. Nevertheless we hope this information will explain why Ron Paul is a shady choice for President. These are the facts. This is the truth about Ron Paul. But first, in order to understand Ron Paul we have to take a good hard look at his primary supporters. We begin with Alex Jones.
Alex Jones himself has featured prominently on Russian television. RT, previously known as Russia Today, is a government-funded global multilingual television news network based in the Russian Federation. It was founded in 2005 as Russia Today by the government-owned RIA Novosti.
Ron Paul actually raised one million dollars from the Russian government-funded group at RT (Russian Television). A commentator on the Russian government-funded television news network RT boasted of a $1 million “money bomb” on behalf of U.S. Rep. Ron Paul, R-Texas, a candidate for the Republican presidential nomination.
The donation raised legal questions, because while the commentator happens to be an American, allowing him to donate to Paul’s presidential campaign, foreign entities such as RT are prohibited. (see here)
Full article: Ron Paul/Alex Jones in bed with the Russians (PP Simmons)