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.”
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 →
An out-of-control Chinese space station full of “highly toxic” chemicals may crash into lower Michigan, reports Aerospace.org, which has predicted an April 3 reentry with a margin of error of one week before and after. While the list of possible targets include locations in Northern China, South America, Southern Africa, Northern Spain and the United States. Lower Michigan in particular is among the regions with the highest probability of a direct hit.Continue reading →
Angela Merkel is considered to be the world’s most powerful woman and perhaps Europe’s most powerful person. She’s about to be re-elected as Germany’s Chancellor for the fourth consecutive time. Her policies have provoked a lot of debate, from Germany’s decision to phase out nuclear energy over the Eurozone bailouts onto her refugee policies.
What has received much less attention is how she entered politics. A number of biographies have been written about her, with the most critical one perhaps being “the first life of Angela M”, written in 2013 by a journalist for Die Welt who later joined the rightwing populist AfD party. This centered on how she was a member of the FDJ, the communist youth organization, when she was at school, and how she later served as cultural secretary for the FDJ while working as a physicist at the Academy of Sciences, leading to Merkel denying this role included propaganda. Continue reading →
Russia’s central strategic problem is NATO. Russia must break the back of NATO. But how?
Step One, the Arab Spring: The best attack is always an indirect attack. So Russia began its attack on NATO hundreds of miles away, in the Arab world. Revolution is the perfect strategy for a country like Russia, which is rich in clandestine and criminal resources. (In Egypt’s revolution, for example, the first flags raised in protest were red. The green flags only came out afterward.) The Arab Spring revolutions were calculated to shake things up. Islamist and communist forces were initially linked, arm-in-arm. If they failed to get power, the resulting chaos would nonetheless serve other purposes. For example, the civil war in Syria presents a prime example. The Russians, who dominate the criminal underworld, created the transport net for moving millions of Muslim refugees to the heart of Europe. Russian air units carpet bombed Syrian cities and villages, driving hundreds of thousands out of their homes. Next, they salted the fleeing multitudes with military-age men trained as terrorists. Then Europe was hit by a new wave of terror. Continue reading →
The German Defense Minister Ursula von der Leyen was being touted as a possible successor to Merkel. She has spoken at the Munich Security Conference stating that there must be “the common will to actually use the military weight when circumstances require it.” Leyen has come out saying that Germany should no longer hide behind its history, but must accept that soldiers must fight for the security of the nation and the freedom of the people. Leyen’s French colleague, Florence Parly, has also called for closer European military cooperation. Continue reading →
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.
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 →
What is happening in Germany is very critical because it is a reflection of the global trend. Schultz is under attack because the SPD has fallen to such a state that it is barely above the AfD. Party members are deeply concerned as I wrote that Schultz wanted a coalition for personal power. Yet there was another issue at stake. There was also a growing fear that the SPD would lose even more seats in a new election. Continue reading →
Iranian Deputy Foreign Minister Abbas Araqchi / YJC
Iran has threatened to withdraw from the landmark 2015 nuclear deal with world powers if there is no economic benefit from it and major banks continue to fail to do business with Tehran. Continue reading →
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 →
MUNICH(Own report) – The Munich Security Conference, which ended yesterday, was marked by appeals for “Europe” to be more willing to go to war and have a resolute EU “global projection of power.”In addition to a significant arms buildup, the EU needs a “common desire to actually use its military weight,” German Defense Minister Ursula von der Leyen admonished. German Foreign Minister Sigmar Gabriel warned that Europe’s future “projection of power” cannot “do without” military force. Currently, this is not yet possible without the involvement of NATO or US armed forces; however, cooperation with Washington should be “on a par” and “not as deputies.” In the foreseeable future, the EU will be able to buildup its arms to such an extent that it will no longer need US support. Gabriel branded Russia and China – current “rivals” to the Western “system” – as “autocracies.”
A poll published on Monday by the newspaper Bild put the Alternative for Germany (AfD) on 16 percent, showing that they are currently more popular than the Social Democrats (SPD).
The poll, conducted by INSA put the AfD on 16 percent, just ahead of the SPD on 15.5 percent. The poll marks the lowest support ever achieved by the SPD, traditionally one of the two major parties of German politics.