Mayday! British PM’s Brexit Deal on Verge of Collapse

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(Photo Credit: Office of President of Estonia)

 

Two Cabinet secretaries have resigned and long knives have come out for Theresa May.

British Prime Minister Theresa May is on the political brink tonight after presenting her government’s draft withdrawal agreement with the European Union that has been almost universally panned, despite her assertion it is the best deal that can be had. Continue reading

GLOBAL ALERT: German and French leaders call for new military empire to fulfill the conquest wishes of Adolf Hitler

POTUS Donald Trump may go down in history as the U.S. president who exposed the European Union for what it has become since the end of the Cold War: A gaggle of ungrateful, Left-wing pretenders who have taken advantage of American generosity for decades.

Following in the footsteps of French President Emmanuel Macron, German Chancellor Angela Merkel is channeling her monstrous predecessor, Adolph Hitler, in calling for a European army so the European Union can fulfill his objective of conquering the continent while getting rid of the United States military presence there.

In a speech in Strasbourg, Merkel called for a “real, true” EU army in what was seen as a direct rebuke to POTUS Trump, the U.K.’s Daily Mail reported. Continue reading

Merkel calls for ‘real, true’ EU army

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Merkel received a standing ovation – but also boos from some MEPs (Photo: European Parliament)

 

German chancellor Angela Merkel on Tuesday backed the idea of creating a “real, true” army for the European Union as the geopolitical alliances are redrawn all over the world.

Merkel spoke to MEPs in Strasbourg on Tuesday (13 November) backing up France’s Emmanuel Macron’s call last week for a European army, and rebuking US president Donald Trump, who has tweeted that the idea was “insulting”.

The German chancellor, who has already announced this is her last term in office, also called for a European security council with a rotating presidency of each EU member state, “where decisions can be made more rapidly”.

“The time when we can rely on others have passed, we have to take our fate into our own hands if we want to defend our community,” Merkel told the European Parliament. Continue reading

Nigel: Military-focused EU has launched new Cold War against USA

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Nigel Farage today responded to Angela Merkel’s call for a EU Army by claiming that Brussels had “launched a new Cold War against the United States of America”.

It comes after Frances President Macron also called for an European Army and Germany’s EU Commissioner described US President Trump as an “autocrat”. Continue reading

The Biggest Threat To Dollar Dominance

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Russian oil exporters are pressuring Western commodity traders to pay for Russian crude in euros and not dollars as Washington prepares more sanctions for the 2014 annexation of Crimea by Moscow, Reuters reported last week, citing as many as seven industry sources.

While it may have come as a surprise to the traders, who, Reuters said, were not too happy about it, the Russian companies’ move was to be expected as the Trump administration pursues a foreign policy where sanctions feature prominently. This approach, however, could undermine the dominance of the U.S. dollar as the global oil trade currency. Continue reading

China poised to kick off 6G R&D this year, officials say

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6G. Photo: iStock

 

China will kick off extensive 6G research this year, said Su Xin, head of the wireless technology working group at the Ministry of Industry and Information Technology, The Paper reported. Continue reading

European Central Bank In Panic Mode as Economy Stalls

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The eurozone could not borrow from the momentum of the U.S. economy in the third quarter as economic growth slumped to a tepid 0.2% , the slowest rate in more than four years. With the 19-nation currency bloc beginning to stagnate, and the heavyweights failing to post significant gains, Brussels is in panic mode, likely leaning on the European Central Bank (ECB) for further stimulus.

Economists originally anticipated growth of 0.4%. But global trade woes, tumbling business confidence, Italian distress, and the gradual dissipation of an accommodative monetary policy all contributed to the poor numbers in the July-September period. Continue reading

Coalition of Those Willing to Go to War (II)

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PARIS/BERLIN (Own report) – The European Intervention Initiative (Initiative européenne d’intervention, IEI) initiated by Paris and supported by Berlin, will begin work this week. Representatives of the ten participating states took this decision in the French capital, yesterday. France’s President Emmanuel Macron promoted the IEI, aimed at rapid deployment capability, in search of gaining support for his country’s over-stretched armed forces. So far, Berlin has been applying the brakes. The German government is focused on systematically merging European troops, for example, within the framework of the EU’s “PESCO” projects and integrating European arms industries with the help of subsidies from the EU Defense Fund. In the future EU budget, the EU Defense Fund is to be increased thirty-fold, to more than €17 billion. Despite all the dissention, Berlin (with PESCO) and Paris (with IEI) are both seeking to establish a European armed forces, which can be deployed on a global scale, independent of the USA.

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Macron: We need ‘real European army’ to defend against US & Russia

The EU Army, or European Defense Agency, as it’s called today, has been in the making for decades and is still well Under Construction.

All roads still lead to Berlin. Paris just toes the line.

 

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French President Emmanuel Macron has once again revealed the desire of EU true believers for the bloc to have full military capability, calling for a “real European army”.

Worryingly, Macron is seemingly now setting out America as a potential enemy, telling Europe 1 Radio: “We have to protect ourselves with respect to China, Russia and even the United States of America.” Continue reading

War of Sanctions against Iran

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BERLIN/TEHRAN (Own report) – New US sanctions against Iran have come into effect, without the slightest sign of success for the opposition to the US Middle East policy that had been so loudly proclaimed by Berlin and the EU. Berlin had affirmed, it would do everything in its power to secure for EU companies – particularly German – business deals with Iran, thereby safeguard the nuclear agreement while strengthening the standing of German/EU industry in Iran. The latter has completely failed. German business representatives are warning of the “danger” that German business with Iran “could come to a complete halt.” If this development continues, China – which during the first round of sanctions, had already become Iran’s main trading partner – could further enhance its position in Iran, particularly due to continued oil purchases from Tehran. Contrary to its announcement, the Trump administration did not succeed in entirely cutting off Iranian oil exports. Today, Iran is selling more oil than during the previous round of sanctions.

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The EU’s ‘Internal Enemies’

BERLIN (Own report) – In view of the conflict between Brussels and Rome over Italy’s national budget, the German establishment is increasing its demands to resolutely fight the “internal enemies” of the EU. The Union must “now be vigorously defended,” wrote a leading German daily. The Italian government coalition is “not worth risking the country’s fate.” The Italian government is being put into question, because it refuses to continue to submit to German austerity dictates. Berlin’s dominance over the EU is also being met with mounting protests in other member countries. Poland and Hungary are not the only countries, where controversies are intensifying. Anger at Berlin is also growing in France. Jean-Luc Mélenchon, the founder of “La France insoumise,” who, with almost 20 percent, barely missed making the run-offs in the 2017 presidential elections, has now called for “France to withdraw from all EU treaties.” The German elite’s reaction is becoming more hostile.

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Europe’s Gas Game Just Took A Wild Twist

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Despite the almost unprecedented divisive nature of Donald J. Trump’s presidency, he is chalking up some impressive foreign policy victories, including finally bringing Beijing to task over its decades long unfair trade practices, stealing of intellectual property rights, and rampant mercantilism that has given its state-run companies unfair trade advantages and as a result seen Western funds transform China to an emerging world power alongside the U.S.

Now, it looks as if Trump’s recent tirade against America’s European allies over its geopolitically troubling reliance on Russian gas supply may also be bearing fruit. On Tuesday, The Wall Street Journal reported that earlier this month German Chancellor Angela Merkel offered government support to efforts to open up Germany to U.S. gas, in what the report called “a key concession to President Trump as he tries to loosen Russia’s grip on Europe’s largest energy market.” Continue reading

A Transmission Belt of German Supremacy

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ROME/BERLIN (Own report) – German politicians and media are intensifying pressure on Rome in anticipation of today’s EU Commission verdict on Italy’s national budget. Already last week, EU Budget Commissioner Günther Oettinger announced, in reference to the Italian deficit, that the Italian government must “correct” its draft budget. Media reports refer to a “black week” for Rome. Negative reporting – like rating agencies’ devaluation of Italy’s creditworthiness – can contribute to the destabilization of Italy’s financial and credit markets. The country’s current downward spiral threatens to re-escalate the banking crisis. Whereas Berlin insists that the EU take sharp measures against deficits, Germany’s Finance Minister at the time, Wolfgang Schäuble had prevented the EU Commission from taking measures against excessive surpluses, which the commission sees as potentially just as destabilizing. Germany has been achieving these surpluses year after year.

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The EU’s Game of Chicken

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LONDON/BRUSSELS/BERLIN (Own report) – The EU’s heads of states and governments were again unable to make progress in the Brexit negotiations last Wednesday, provoking strong criticism from the German business community. Their only proposal was to prolong the transitional period another year, which is out of the question for London, because this would cost the UK additional billions of pounds. The EU is “too inflexible” in the Brexit negotiations, criticized the head economist of Commerzbank. It is a “stickler for principles,” even though it has itself “stretched the rules to the point of becoming unrecognizable” – such as those of the currency union. Commentaries assume that Brussels seeks to set a deterrent example. The EU sees itself “too unattractive,” to be able to prevent other countries from leaving by other means. At the same time, Brussels is running the risk of the Brexit negotiations collapsing, which would cause serious losses, particularly to German industry. Experts do not rule out German export losses in the double-digit billions.

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Britain and Germany Sign Military Pact

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Ursula von der Leyen (CDU), Minister of Defence, and Gavin Williamson, British Minister of Defence, talk during an exercise of tank pioneering. (Ralf Hirschberger/picture alliance/Getty Images)

 

‘The UK is just as committed to Europe’s security in the future as it has been in the past.’

Germany and Britain signed a military pact on October 5 that ensures Britain will retain a military relationship with the European Union after Brexit. The agreement, signed in Germany by German Defense Minister Ursula von der Leyen and British Defense Secretary Gavin Williamson, is intended to strengthen military cooperation between the two parties.

Von der Leyen called the agreement a “symbolically important sign” that the strategic partnership between Germany and Britain will continue after Brexit. The pact will reinforce British-European military cooperation “in the navy, the air force, and in cyber capabilities.” The agreement states that Germany and Britain are “determined to deepen and strengthen” their relationship by working together on their “common defense and security goals.” Continue reading