Germany Warns Its Citizens: They Risk Arrest If Traveling To Turkey

 

Escalation of the diplomatic row between Berlin and Ankara ended in a clear message. Foreign Minister Sigmar Gabriel warned German citizens that they risk arrest if they travel to Turkey.

Foreign Minister Sigmar Gabriel said Germany had revised its travel advice in the wake of the recent arrests of several human rights activists, including German national Peter Steudtner. Continue reading

EU Threatens to Remove Poland’s Voting Rights

 

Dictatorial Brussels disagrees with internal Polish laws.

The European Parliament is “getting close” to removing Poland’s voting rights in yet another clamp down on national sovereignty. Continue reading

The Limits of the Dictates

BERLIN/ATHENS/BELGRADE/BEIJING (Own report) – Berlin’s austerity dictate, ruthlessly imposed on Athens, is suffering its first blowbacks, weakening German hegemony over the EU. The China Ocean Shipping Company’s (COSCO) purchase of stakes in the Piraeus Port Authority, Athens had been forced to sell under pressure from Berlin and Brussels, is one example. COSCO, which had already acquired a small share in 2009, has been upgrading the port with investments in the three-digit millions. In the meantime, Piraeus has become Europe’s eighth largest port and is among the top 40 worldwide. Greece, which economically has been completely ruined by the austerity dictates, is hoping for more Chinese investments – and is no longer willing to participate in the EU’s routine official condemnation of China at the UN Human Rights Council. A similar development can be seen with Serbia. As part of its “Silk Road” initiative, China is planning to upgrade the rail line between Belgrade and Budapest. For the Serbian government, this offers hopes for a long term recovery. Brussels has now launched a probe into this project. According to experts, a policy based solely on austerity dictates and open pressure, as has been pursued by Berlin and the EU, can no longer be successful “in a multi-polar world.”

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Revealed: City of London accuses France of plot to ‘wreck Britain’ – even if it gains nothing itself

The 'giddy' effect of newly elected Emmanuel Macron is said to be blamed for the new French plot to 'actively disrupt' the City 

The ‘giddy’ effect of newly elected Emmanuel Macron is said to be blamed for the new French plot to ‘actively disrupt’ the City [Getty Images]

 

  • A leaked memo says French bankers are plotting to ‘actively disrupt’ the City
  • The London financial centre is worth £66 billion a year to the Treasury
  • The City’s Brexit envoy says Macron has declared ‘open war’ on the Square Mile
  • French representatives are now offering firms big money to move to Paris

France has boasted to City of London chiefs that it will use Brexit to sabotage the British economy, according to a bombshell leaked memo.

The memo, sent to Ministers, says the French government and banking chiefs are plotting to ‘actively disrupt and destroy’ the UK’s multi-billion-pound financial sector when Britain leaves the EU – even if France gains nothing.

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Those Who Have, Shall Get

ATHENS/BERLIN (Own report) – Through loans and government bonds, Germany is reaping a billion euros in profits from Greece’s debt crisis. The German government has confirmed that profits from financial transactions with Greece have already reached €1.34 billion. German firms have also profited from the fact that, due to the crisis, Greece has been forced to sell government property. In a joint venture, just recently, a German investor bought the majority of shares of Greece’s Thessaloniki Port Authority – in cooperation with a fabulously rich Greek oligarch. At the same time, the German discounter Lidl was able to increase its market shares in competition with its Greek supermarket rivals because growing poverty is forcing people to buy low-priced groceries. Mass emigration, particularly that of highly qualified Greeks, is generating little noticed profits. Many Greeks, whose expensive education was paid by Athens, now work in Germany – placing their skills, for which Germany has not paid a cent, at Germany’s disposal.

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China’s maritime Strategic Realignment

A simplified view of the PLAN maritime lines of communication between its major naval bases in southern China and its newly established oversees bases. The major island bases in the South China Sea are omitted from this map, but should be considered in gaining an accurate picture of Chinese maritime defense posture.

 

Introduction

China has begun construction of the first Type 075 Landing Helicopter Dock (LHD) at the Shanghai based Hudong Zhonghua Shipbuilding Company. Construction most likely started in January or February of this year, with some satellite imagery and digital photos appearing online of at least one pre-fabricated hull cell. The Type 075 will be the largest amphibious warfare vessel in the Peoples’ Liberation Army Navy (PLAN), with similar displacement and dimensions as the U.S. Navy Wasp Class LHD. The PLA has also made it known through non-official channels that the force plans to expand the current PLA Marine Corps from 20,000 personnel to 100,000. As China completes preparations for its new military base in Djibouti, located in the strategic Horn of Africa, it has also continued its substantial investment in developing the port of Gwadar, Pakistan. Not only will Gwadar become a key logistics hub as part of the China-Pakistan Economic Corridor (CPEC) and the “One Belt, One Road” trade initiative, but will also be a key naval base in providing security for China’s maritime trade in the region. Continue reading

Saudi Strikes Back Against U.S. Shale

Saudi Strikes Back Against U.S. Shale

 

The price of oil is plunging.

For the first quarter of 2017 West Texas Intermediate (WTI) held a pretty stable range between $54–58 per barrel. Now it is back to the roller coaster that we have been on since mid-2014.

As I write this, WTI is struggling to hold $43 per barrel and is sinking like a rock. Continue reading

Germany, Austria vs. US Senate: America and Europe on Collision Course

 

Germany and Austria have lashed out against US Senate for approving a legislation tightening sanctions on Russia. The bill has a provision that enables the United States to impose sanctions on European firms involved in financing Russian energy export pipelines to Europe. European companies could be fined for breaching US law. In a joint statement, German Foreign Minister Sigmar Gabriel and Austrian Chancellor Christian Kern accused the US of threatening European economic interests, describing it as an illegal attempt to boost US gas exports. The United States recently started shipping liquefied natural gas to Poland and has ambitions to cultivate other European customers.

The bill says the US government «should prioritize the export of United States energy resources in order to create American jobs, help United States allies and partners, and strengthen United States foreign policy». But the European foreign chiefs believe that «Europe’s energy supply is Europe’s business, not that of the United States of America». Gabriel and Kern said they «can’t accept» proposed US sanctions targeting European energy companies as part of measures against Russia.

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Russia and China Move to Dump the Dollar, Threatening the New World Order

 

As long predicted, the dollar’s dominance on the world’s economic stage is wavering and likely to completely collapse soon given the move away from the dollar by Russia, Iran, and China. 

Many have been predicting it. This writer spoke of it as early as 2004. The elite have dreaded it. It’s finally happened. The dollar is soon to be removed as the trading currency for oil and other commodities among Russia, Iran, and China. The effect on the U.S. economy will be catastrophic. However, in the long run it will serve to force the U.S. into a regional, rather than a global role. Continue reading

EU Wants to Order All Euro Trading Moved from London to Paris

 

The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play cards with euro themselves and guarantee it will never be anything to anyone else, no less convertible worldwide. Continue reading

Greece made a “Sacrificial Lamb” by German-Dominated EU

Shutterstock

 

EU’s currency policy causing huge damage.

Greece has been warned by the EU not to mention its money troubles at a leader’s summit next week, suggesting the country is set to suffer more austerity while EU bosses try to ignore the problem. Greece’s Economic Minister has hit back, claiming that the country is being made a “sacrificial  lamb”.

Germany appears to be the hardliners behind the stance, saying that Greece’s finances have to be dealt with by Eurogroup, a meeting of each countries Finance Ministers, but Greek Prime Minister, Alexis Tsipras, believes a solution is needed higher up. Continue reading

Pentagon report: China advances in taking military control of strategic Pacific sea lanes

People’s Liberation Army (PLA) soldiers patrol Woody Island in the Paracel Archipelago. / Reuters

 

China is using non-military “coercion” in an effort to gain control of strategic waters in the Asian Pacific, the Pentagon said in its annual report to Congress released on June 6.

“China continues to exercise low-intensity coercion to advance its claims in the East and South China Seas,” the report said, adding that Beijing’s tactic involves the use of “timed progression of incremental but intensifying steps to attempt to increase effective control over disputed areas and avoid escalation to military conflict.” Continue reading

German Plan to Bully EU Nations with Financial Penalties

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[Westmonster]

 

Another step towards a United States of Europe.

First they throw their weight behind an EU army and now they’re lobbying Brussels to withdraw funding from any country that doesn’t conform to the bloc’s unified set of laws.

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Iran Signs Oil For Goods Deal With Russia: Breaks Free Of Petrodollar

Refinery

 

Iran signed an agreement with Russia under which it has broken free from the petrodollar, and will “sell”, or rather barter crude oil to Russia in exchange for products. The announcement was made by Iran’s Oil Minister Bijan Zanganeh, as reported by Russia’s RIA and TASS news agencies.

“The deal has been concluded. We are just waiting for the implementation from the Russian side. We have no difficulties; we signed the contract, everything is coordinated between the parties. We are waiting for Russian oil companies to send tankers,” he said, as quoted by Russian news agencies. While sanctions against Iran have been lifted, restrictions on trade in US dollars for the country’s banks remain, making it difficult to sell oil on the open market. Continue reading

Trump Threatens to Stop Germany from Selling Cars in US

Trump Threatens to Stop Germany from Selling Cars in US

An employee holds a BMW logo on the production line of the BMW C evolution electric maxi-scooter at the BMW Berlin motorcycle plant February 23, 2015

 

President Donald Trump reportedly threatened the ‘Very Bad’ Germans from selling their cars in the United States.

(WASHINGTON, DC) U.S. President Donald Trump has threatened to stop German car sales in America during a meeting with European officials in Brussels on Thursday, Germany’s Der Spiegel reported.

“The Germans are bad, very bad,” said Trump, as quoted by Spiegel. Continue reading