Russia Snaps, Accuses UK, Germany And France Of “Grossly Interfering” In The US Election

Russian Foreign Minister Sergey Lavrov

 

Having listened stoically for the past two months to accusations without evidence that Moscow “hacked the US election”, and that Hillary’s loss was indirectly due to Putin’s alleged meddling, which resulted in Obama’s expulsion of 35 Russian diplomats, on Wednesday Russian Foreign Minister Sergey Lavrov finally snapped, and lashed out at the ongoing US election scapegoating fiasco, saying that leaders and top officials from the UK, Germany, and France have “grossly interfered” in US internal affairs, “campaigned” for Hillary Clinton, and openly “demonized” Donald Trump.

Unlike US accusations of Russian interference, at least Lavrov’s claim can be substantiated with a simple google search of news event in mid to late 2016. Continue reading

The Euro Does Not Have A Problem… It Is The Problem

Everyone says Germany is the main benefactor in all of this, but they continue to miss the bigger picture: All roads lead to Berlin as the Euro was designed to fail. It is devouring the continent and won’t stop at Greece. In no particular order, after Greece comes Italy, Spain and France. The German-dominated EU might be able to withstand a Greek collapse, but will not any one of the three mentioned or all combined.

 

Europe’s leaders must face the truth that the single currency now poses fundamental threat to global financial stability

There will be a temptation to gloat over the Greek crisis over the next week and a queue of people waiting to say “I told you so”. Both would be unwise.

In the six years from 2004, Greek output increased in nominal terms by 40 per cent, while government spending rose by 87 per cent and tax revenues rose by a mere 31 per cent.

The European authorities charged with overseeing the single currency should have acted then. Their failure to do so has been partly to blame for today’s crisis. Continue reading

Hit us with sanctions? We’ll seize West’s assets, Russia warns

A proposed law would allow Moscow to seize Western companies’ and individuals’ property and accounts in the event sanctions were imposed on Russia over the Ukraine crisis. Continue reading