The EU’s Arrogance

 

BERLIN/LONDON(Own report) – With nearly double-digit billions in losses, the German business community would be the main loser of a “hard Brexit” among the remaining EU members, according to a recent analysis on the upcoming Brexit. The EU27 would thus face greater losses than the UK, should Brexit not be followed up with a comprehensive trade and tariff agreement. German companies must expect annual losses of around nine billion euros. The German automotive industry most likely will be the hardest hit. At the moment, a “hard Brexit” seems more likely, because Brussels refuses to include in a post-Brexit trade agreement not only the protection of EU interests but also access to UK financial services. Due to the EU’s obstructionist policy, public opinion is growing increasingly sour toward Brussels. Even British Brexit opponents are lamenting the “EU’s arrogance” and warning that “a Britain that feels humiliated by the EU could be an uncomfortable neighbor.”

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Pan-European bank to Enrage Italy Germany & France: Nations FORCED to rescue failing banks

Eu banking union

The EU commission wants to plough ahead with plans for a banking nion [Getty]

 

BRUSSELS chiefs are piling pressure on EU members to back plans for a banking union, which will see nations forced to cover bank failures anywhere in the bloc, as it ramps up efforts to reform the Union.

The European Commission wants to plough ahead with the creation of a bloc-wide banking union, which was first proposed in 2012 by the end of 2018, in a bid to prevent a repeat of the 2008/09 financial crisis. Continue reading

Europe Renews Tariffs On Chinese Steel Pipes As High As 72%

As the world watches breathlessly if Trump will follow through with his threat to slap steel and aluminum import tariffs, Europe continues to quietly ratchet up its own trade war with China and nobody seems to mind. Continue reading

From a German Euro to a German ECB (II)

As mentioned several times in the past, Germany is running the European Union and Europe once again. This time around the conquest is via subjugation of national sovereignty and economic warfare. They have their key politicians in key positions across the European board. The European Commission, European Central Bank and International Monetary fund (the Troika) are all but one example. Regardless of how everything on the EU landscape currently looks, further federalization/integration is the only solution they keep proposing to their problems, and this is ultimately leading to a United States of Europe with its own European Army, which is already beginning to supplant NATO. The Fourth Reich has landed and if you’re looking for Nazis, you’re 70 years too late.

 

BERLIN/BRUSSELS (Own report) – The EU finance ministers’ decision to appoint the Spaniard Luis de Guindos to be vice president of the European Central Bank (ECB), will boost the chances of German Bundesbank President Jens Weidmann to become its next president. Berlin has welcomed the decision for Spain’s current Minister of the Economy Guindos, considered to be one of the fathers of the Spanish real estate bubble. Subsequent to his designation as vice-president, a northern European is expected to be given the post of ECB president, due to the EU’s proportional regional representation. According to observers, a conceivable deal may be reached with Germany’s Weidmann at the helm of the ECB and the post of EU Commission President going to France. The current German Bundesbank president is unpopular in Southern Europe because he has been systematically trying to prevent current ECB President Mario Draghi’s bond buying programs, considered to be vital for the crisis stricken countries. With Weidmann as ECB president, Germany would further tighten its grip on the euro zone’s financial institutions.

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Merkel mauled by AfD Leader, told not to punish Brexit Britain

 

Angela Merkel has been put back into her box in a big way by the leader of Germany’s second most popular party, the AfD.

Alice Weidel slammed Merkel’s approach to Brexit, saying Germany shouldn’t be punishing Brexit Britain, saying the EU is afraid other countries will leave now they’ve seen Project Fear predictions were wrong. Continue reading

In a blow to Trump, Europe seeks gas supplies from Iran

The European Commission vice-president for energy union,Maros Sefcovic, said during a visit to Azerbaijan last week that the European Union was ready to negotiate Iran’s participation in the Southern Gas Corridor (SGC), a system of pipelines designed to pump Azerbaijani gas from the Caspian region to southern Italy via Georgia, Turkey, Greece and Albania.

The European bloc is keen to get its hands on Iranian gas and has already held talks with Tehran on the issue. This means it is unlikely that the EU will budge on its opposition to US President Donald Trump’s demands for revising the Iran nuclear deal. Continue reading

EU ignites Trump War: Brussels to slap trade sanctions on Harleys and Jack Daniels

Jack Daniels whiskey/Harley-Davidson mototrbike

Iconic US brands such as Jack Daniels and Harley-Davidson will be targeted by EU trade commissioners [Getty]

 

BRUSSELS is gearing up for a bitter trade war with US and has pledged to fight fire with fire if Washington carries out its threat to introduce import barriers to steel and aluminium products from Europe.

European Union trade officials have warned such a move would result in counter-tarrifs being slapped on exports from the US within days.

They said iconic US products ranging from Harley-Davidson motorcycles to Jack Daniels whiskey would be targeted in any retaliatory strikes and that preparations for such a confrontation were in full swing. Continue reading

EU Commissioner Warns of Migrant Gettos ‘Nuclear Bomb’, Wants to Use £310 Billion Brussels Fund

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So taxpayers are picking up the tab for the EU’s bungled open door policy.

The EU has £310bn to spend by 2020 on social integration to avoid migrant ghettos becoming “a nuclear bomb in the future” – so taxpayers are picking up the tab for the completely bungled EU asylum policy. Continue reading

EU threatens trade WAR with Donald Trump as US ramp up trade sanctions worldwide

Donald Trump news European Union EU latest

The EU said it would response “swiftly” to trade threats made by Donald Trump (European Commission•Getty)

 

THE EUROPEAN UNION will retaliate ”swiftly and appropriately” if Donald Trump imposes tough trade sanctions on the bloc, European Commission spokesman Margaritis Schinas said.

Mr Schinas said trade can and should be “win-win” as he responded to threats made by US President Continue reading

With Japan against China

 

TOKYO/BRUSSELS/BERLIN(Own report) – With the conclusion of their free trade agreement, the EU and Japan are about to establish the world’s largest free trade zone. As was reported, the agreement between the two highly export oriented economic blocks, generating nearly 30 percent of the global economic output, could already take effect in early 2019. According to the EU Commission and German economic institutes the Japan-EU Free Trade Agreement (JEFTA) could lead to significant economic growth and the creation of hundreds of thousands of new jobs. On the one hand, the agreement is aimed at making up for eventual slumps on the US market and, on the other, is part of the containment strategy against China, the emerging powerhouse. Despite their differences, Berlin and Washington continue to cooperate in their opposition to Beijing. Parallel to the JEFTA agreement, the EU, Japan and the USA have declared that they will jointly take on China more aggressively over trade issues.

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Macron and Merkel take tough line on Poland

‘If the commission considers it is forced to resort to sanctions, we would also support the commission,’ Macron and Merkel said. (Photo: Consilium)

 

France and Germany have pledged to back the European Commission if it sanctioned Poland next week.

“If the commission thinks it has to trigger the [sanctions] procedure, we have a very clear and consistent position – we’ll support the commission,” French president Emmanuel Macron said in Brussels on Friday (15 December).

German chancellor Angela Merkel said: “If the commission considers it is forced to resort [to sanctions], we would also support the commission”.

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EU takes first steps to withdraw Poland’s voting rights

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EU bullies governments who refuse to toe the line.

Yesterday, the EU took its first step towards revoking Poland’s voting rights at the European Council, in response to the country’s alleged ‘breach of fundamental EU values. Continue reading

EU Creates New Defense Pact to Reduce Dependence on US

 

The EU on Nov.13 officially launched a new era in defense cooperation with a program of joint military investment in equipment, research and development, known as permanent structured cooperation, or PESCO. Foreign and defense ministers gathered at a signing ceremony in Brussels to represent 23 EU governments joining the pact, which is to become legally binding when signed by heads of state at EU summit in mid-December. With so many ministers signing, approval seems a given. From now on, the EU will have a more coherent role in tackling international crises, while reducing the reliance on the United States. Continue reading

Europe’s Push Toward a Unified Military

The official flag of Eurocorps military contingent (FREDERICK FLORIN/AFP/GETTY IMAGES)

 

As global threats increase, many nations support the idea of an independent and united European military. Here is why we expect it to happen, and where we expect it to lead.

The 100 years between 1815 and when World War i started in 1914 were one of Europe’s greatest periods of peace ever. But that isn’t to say it was peaceful.

Consider what happened during those years: France invaded Spain; Russia fought Turkey; various German states fought with Denmark, Austria and France; Britain and Turkey fought Russia; and Greece fought Turkey. Those are just the “highlights”—and they don’t include the numerous internal conflicts, uprisings, declarations of independence and other political unrest that occurred. Even Switzerland had a civil war.

That is what “peace” in Europe looked like before the latter half of the 20th century.

The states of Europe spent 75 percent of the 17th century at war with each other, 50 percent of the 18th century, and 25 percent of the 19th. The periods of war became shorter—but more than made up for it with devastatingly more effective weapons.

This is why many are skeptical of the creation of a “European army.” How can a continent with such a long history of war and division form a united military force? Continue reading

FRIEDMAN: EU Officials Out Of Step With Reality, Europeans Don’t See What’s Coming at Them

Imagine the following scenario.

Texas votes to secede from the United States, sparking bitter tension between Austin and Washington. A neo-Nazi party wins seats in the California legislature.

Cook County, home to Chicago, threatens to break away from Illinois to form its own state. Worried about losing such an economically vibrant region, government officials try to prevent the election from taking place.

The federal government vows to suspend North Carolina’s voting rights in Congress simply because it didn’t approve of its behavior. It considers doing likewise for Arizona.

In such a scenario, you might conclude that something is terribly wrong with the United States.

The thing is, this is pretty much what is happening in Europe.

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