EU Plan Lets Banks Take Deposits in Crisis

The European Central Bank has unveiled a new set of banking plans that will allow failing banks to freeze their deposits in the event of an economic catastrophe to prevent further bank failures.

 

The European Central Bank has unveiled a new set of banking plans that will allow failing banks to freeze their deposits in the event of an economic catastrophe to prevent further bank failures. Continue reading

EU takes step toward joint army

EU foreign and defence ministers in Brussels on Monday (Photo: consilium.europa.eu)

 

The vast majority of EU states have agreed to create what some have called the nucleus of a joint army.

Twenty three out of 28 EU states signed the declaration in Brussels on Monday (13 November), prior to making a legally binding pledge at an EU summit next month.

Britain, Denmark, Ireland, Malta, and Portugal stayed out. Continue reading

EU takes step towards closer defence cooperation

 

The EU will move towards closer defence ties Monday with more than 20 states signing a landmark pact that aims to boost cooperation after Brexit and counteract Russian pressure.

Similar efforts to deepen military links have been frustrated for decades, partly by Britain’s fierce opposition to anything that might lead to a European army. Continue reading

MAPPED: Catalonia is NOT alone – the regions desperate for independence threatening the EU

The regions wanting more autonomy or independence [Mauldin Economics]

 

CATALONIA’S quest for independence from Spain could spark a domino effect plunging the European Union into crisis as a map reveals the other regions across the continent desperate for autonomy.

Catalonia threw Spain into a constitutional crisis yesterday after declaring independence following a controversial referendum.

But the region is not alone in its hope for independence and the aftershocks of the Catalonia crisis could further splinter the EU with dozens of regions hoping to return to autonomy and fighting their own battle to regain control. Continue reading

The Power in the Center

 

 

BERLIN (Own report) – Using the secessionist conflict in Catalonia as a backdrop, the website of the German weekly Die Zeit published a fiery appeal for dismembering Europe’s nation-states. For quite some time, the author, Ulrike Guérot, has been promoting the “disappearance of the nation-state” in Europe. The nation-state should be replaced by regions with their “own respective identities” that could be “ethnically” defined. As examples, Guérot lists regions with strong separatist tendencies such as Flanders and Tyrol. The author sees herself upholding the tradition of the “European Federalists” of the early post-war period, who – under the guidance of western intelligence services – drew up plans for establishing of a European economic space with free circulation of commodities as a bulwark against the East European socialist countries. Wolfgang Schäuble, as President of the Association of European Border Regions (AEBR) in the early 1980, was also promoting regionalist plans. Inspired by former Nazi functionaries, the AEBR criticized the “nation-state’s barrier effect” of borders in the interests of large corporations. Current economic maps indicate which areas in the EU would form the continent’s most powerful block if regionalization should take effect: south and central Germany as well as its bordering regions from Flanders to Northern Italy.

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The Economy of Secession (II)

BERLIN/BARCELONA/MILAN/ANTWERP (Own report) – As can be seen in an analysis of the separatist movements in Catalonia, Lombardy and Flanders, the deliberate promotion of exclusive cooperation between German companies and prosperous areas in countries with impoverished regions has systematically facilitated the autonomist-secessionist movements in Western Europe. According to this study, Flanders, as well as Lombardy – two already economically prosperous regions – have been able to widen the gap between themselves and the impoverished regions of Belgium and Italy, also because they have played an important role in the expansion of the German economy, the strongest in the EU. Through an exclusive cooperation with the state Baden Württemberg, Catalonia and Lombardy have been able to expand their economic lead over more impoverished regions of Spain and Italy, which has spurred their respective regional elites to seek to halt their financial contributions for federal reallocations through greater autonomy or even secession. The consequences of deliberate cooperation – not with foreign nations – but only with prosperous regions, can be seen with Yugoslavia.

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Report: U.S. Not Prepared for Russia in Europe

For years, the 173rd Airborne Brigade has trained for missions in Afghanistan and Iraq, which has dulled some of the skills it needs to effectively respond to any invasion of Europe by Russia, according to a recent assessment. The report, shared Tuesday by POLITICO, says it lacks necessary equipment to face down a potential Russian attack.

 

POLITICO reported Tuesday morning on a new assessment report on the U.S. rapid-deployment force stationed in Italy that states it faces a number of “capability gaps” in the event it should be called into combat against Russian forces in Europe. Continue reading

Muslims Tell Europe: “One Day All This Will Be Ours”

Hungary’s Prime Minister Viktor Orbán recently said: “Our view is that we must solve our demographic problems by relying on our own resources and mobilising our own reserves, and… by renewing ourselves spiritually”. (Image source: David Plas/Wikimedia Commons)

 

  • The Archbishop of Strasbourg Luc Ravel, nominated by Pope Francis in February, just declared that “Muslim believers know very well that their fertility is such today, that they call it… the Great Replacement. They tell you in a very calm, very positive way: One day all this, all this will be ours…”.
  • Hungarian Prime Minister Viktor Orbán just warned against a “Muslimized Europe”. According to him, “the question of the upcoming decades is whether Europe will continue to belong to Europeans”.
  • “In the coming 30 years, the number of Africans will grow by more than one billion people. That is twice the population of the entire European Union… The demographic pressure will be enormous. Last year, more than 180,000 people crossed in shabby boats from Libya. And this is just the beginning. According to EU Commissioner Avramopoulos, at this very moment, 3 million migrants are waiting to enter Europe”. — Geert Wilders, MP, The Netherlands, and leader of the Party for Freedom and Democracy (PVV).

This week, yet another Islamic terrorist attack targeted the Spanish city of Barcelona. As it was for many years under Muslim rule, it is, therefore, like Israel, land which many Islamists believe they are entitled to repossess. Continue reading

One world under China? Beijing rolls out BRI initiative; U.S. can’t agree on renewing its own infrastructure

Screen shot from CCTV News.

 

The Belt and Road Initiative is the vanguard for Beijing’s reach for global power. It may not work, given all the imponderables of a project on this scale, not to mention conflicting interests with nations along its route. But at least the Chinese are showing the kind of social energy necessary to achieve great things. Do Americans still have that trait?

The state-owned press in China was all aglow about President Xi Jinping’s address to the G20 summit in Hamburg, Germany. Xinhua proclaimed how “Many overseas experts and scholars have praised” it. Towards the end of his remarks, President Xi brought up his pet project; recreating the ancient Silk Road that once linked Imperial China to Europe through Central Asia and the Middle East. He proclaimed, “Commitment of the Belt and Road Forum is highly compatible with the goal of the G20” and should be seen as part of a “new and inclusive globalization.” The Belt and Road Forum for International Cooperation had been held in Beijing, May 14-15. It attracted 29 heads of state (including Russian President Vladimir Putin) and representatives of 130 other countries (including the U.S.), plus the leaders of 70 international organizations, including UN Secretary-General António Guterres. Continue reading

Europe’s Cities Absorb Sharia Law

If the West keeps betraying the democratic value of individual freedom, Islamic fundamentalists, like those who imposed burqas on Libyan women, will do the same to Western women. (Photo by Alexander Hassenstein/Getty Images)

 

  • London Mayor Sadiq Khan banned advertisements that promote “unrealistic expectations of women’s body image and health”. Now Berlin is planning to ban images in which women are portrayed as “beautiful but weak, hysterical, dumb, crazy, naive, or ruled by their emotions”. Tagesspiegel‘s Harald Martenstein said the policy “could have been adopted from the Taliban manifesto”.
  • The irony is that this wave of morality and “virtue” is coming from cities governed by uninhibited leftist politicians, who for years campaigned for sexual liberation. It is now a “feminist” talking point to advocate sharia policy.
  • To paraphrase the American writer Daniel Greenfield, the irony of women celebrating their own suppression is both heartbreaking and stupefying.

Within days after the Islamic State conquered the city of Sirte in Libya two years ago, enormous billboards appeared in the Islamist stronghold warning women they must wear baggy robes that cover their entire bodies, and no perfume. These “sharia stipulations for hijab” included wearing dense material and a robe that does not “resemble the attire of unbelievers”.

Two years later, Europe’s three most important cities — London, Paris and Berlin — are adopting the same sharia trend.

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EU To Force Poland, Hungary And Czech Republic To Accept Refugees

One month after the EU’s executive Commission launched legal cases against Poland, Hungary and the Czech Republic for “defaulting on their legal obligations” by refusing to comply with the EU’s refugee quotas (i.e., accept migrants), on Wednesday the three Central European nations suffered another blow after Brussels mounted a legal fightback to force them to comply with EU refugee quotas. The top European Union court’s adviser dismissed a challenge brought by Slovakia and Hungary against the obligatory relocation of refugees across the bloc, as it prepared to sign-off legal suits against the holdout countries.

The two states, backed by Poland, wanted the court to annul a 2015 EU scheme to have each member state host a number of refugees to help ease pressure on Greece and Italy, struggling with mass arrivals across the Mediterranean. Supported by Germany, Italy and Brussels, the EU’s “relocation” law has become one of the bloc’s most divisive recent policy initiatives, forced through over the objections of states from eastern and central Europe. Continue reading

The EU: Undermining Israel under the guise of humanitarianism

Between 2012-2014, the EU financed the building of more than 400 illegal structures in Area C identified by an affixed EU flag. The EU claimed diplomatic immunity and refused to appear in court when sued for illegal construction. 

More than 70 years after the Holocaust, the European Union has been involved in demonizing and delegitimizing the Jewish State through actions inimical to Israel’s existence. They include indirect funding of terrorist activities, refusals to examine this misdirection of funds, assistance to build illegal Palestinian communities within Israel’s boundaries, and criticism of Israel’s attitudes towards Palestinians as “ethnic cleansing.”  These EU activities have gone on for the past 25 years, and represent a persistent undermining of the Jewish State under the guise of European humanitarianism. Continue reading

Italy Threatens EU With “Nuclear Option”: Give 200,000 Migrants EU Visas, Sending Them North

 

Two weeks after Italy reacted with anger to Austria’s deployment of troops and armored vehicles to the border between the two nations, while reactivating border controls at the Brenner Pass over concerns that Italy will be unable to handle the roughly 85,000 migrants and refugees who have entered the country so far in 2017, the Italian government has threatened to retaliate in way that assures an imminent migrant crisis as well as an escalation of tensions between the two EU nations.

According to The Times, an Italian minister and a senator have threatened to issue temporary EU visas to thousands of migrants in an effort to “resolve” Italy’s escalating migrant and refugee crisis, which would then allow the refugees to travel north. The move, which has been described as a ‘nuclear option,’ would allow the nearly 200,000 migrants currently stranded in Italy, to travel across Europe using a Brussels directive loophole. Continue reading

U.S. To Be A Top-Ten Oil Exporter In Three Years

US

 

PIRA Energy has predicted that U.S. crude oil exports will top 2 million barrels by 2020, reaching 2.25 million bpd. That’s more than what most OPEC members export, the FT notes, citing the research company’s figures. As of 2016, the U.S. average daily export rate was just 520,000 bpd, although in May, the average daily was 1.02 million barrels, after the 1-million-bpd mark was passed early in the year. Continue reading

EU Sues Poland, Hungary And Czech Republic For Refusing To Accept Refugees

 

The European Commission has launched a legal case against Poland, Hungary and the Czech Republic, for refusing to take in asylum seekers, escalating a bitter feud within the 28-nation bloc about how to deal with the Pandora’s box opened up Angela Merkel’s 2015 “Open Door” policy (since shut).

The reason for Brussels’ ire is that the eurosceptic governments in Poland and Hungary refused to take in anyone under a plan agreed by a majority of EU leaders in 2015 to relocate migrants from frontline states Italy and Greece to help ease their burden. The Czech Republic initially accepted 12 people but has since said it would not welcome more. It is perhaps worth noting that the three countries are among the very few who have had virtually no terrorist attacks in the past two years. Continue reading