Currency War: Dragging the World Toward World War III!h.355,id.12455,,w.640


Echoes of 1934 are thundering with increasing intensity.

In 1934, United States President Franklin Delano Roosevelt outlawed the private ownership of gold. After confiscating billions in bullion, Roosevelt shocked the world by revaluing it. The cost for an ounce of gold, previously set at $20.67, was suddenly $35. Overnight, Roosevelt devalued the dollar by 69 percent.

The president told the country that it was a radical effort to stimulate America’s economy. A cheaper dollar would make America’s exports less expensive and help American companies sell more products to the rest of the world, he said. More money would flow into America, and more jobs would be created.

It did those things. And it also marched the world another giant step closer to war. Continue reading

EU navies to start capturing smugglers from 7 October

Paving the way for recognition and legitimacy of a European Army:


EU foreign policy chief, Federica Mogherini, said on Thursday (24 September) the EU naval operation in the Mediterranean Sea is to start capturing smugglers from 7 October.

“The political decision has been taken, the assets are ready”, she said, according to the AFP news agency.

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Peoples without Borders

BARCELONA/BERLIN (Own report) – Just days before regional elections in Spain’s Catalonia – elections declared a plebiscite on secession – a political partner of the German Green Party is calling for the rapid secession of that region from Spain. Ethnically defined “peoples” throughout Europe should have the “right to self-determination,” recognizing “no borders,” according to a declaration signed by the Spanish member organization of the “European Free Alliance” (EFA). The EFA unites separatist parties of various political orientations from numerous EU member countries. These include organizations closely connected to Viktor Orbán’s ruling Fidesz Party, in Hungary, conservative Flemish nationalists and a party in the tradition of northern Italian separatists, who, years ago, had used terrorism as a means of imposing South Tyrol’s absorption into Austria. Both, the EFA and the German Green Party are members of the same parliamentary caucus collective in the European Parliament. EFA subsidiaries disseminate a map of European so-called nations without states, depicting, for example, Catalonia as independent of Spain and merged with other territories in Spain and France to constitute a “Greater Catalonia.” Leading politicians in the current campaign for Catalonian separatism are propagating pan-Catalonian views, which opponents sharply criticize as “cultural racism with an expansionist demeanor.” The EFA’s map of Europe also depicts Germany merged with Austria and territories of neighboring countries to form a Greater Germany. Continue reading

Russians Buy Gold Bars – 1 Million Ounces In August Alone


Russia’s gold reserves rose to 42.4 million troy ounces as of September 1 compared with 41.4 million troy ounces a month earlier, the Russian central bank announced on Friday.

The monthly accumulation of 1 million ounces in just one month was one of the more sizeable monthly purchases by China and equates to 31.1 metric tonnes in August alone.

The value of the bank’s holdings rose to $47.68 billion from $44.96 billion a month earlier, Russia said in a statement on its website. Continue reading

How China successfully redrew the global financial map with AIIB

From worries that it would not raise enough funds to concerns other nations would not support it, Beijing was plagued by self-doubt when it first considered setting up the Asian Infrastructure Investment Bank (AIIB) in early 2013, two sources with knowledge of internal discussions said.

However, promises by some Middle East governments to stump up cash and the support of key European nations – to Beijing’s surprise and despite US opposition – proved a turning point in China’s plans to alter the global financial architecture.

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Germany, Italy may increase submarine fleets

The German and Italian Navies are looking to increase their submarine fleets again in light of evolving security challenges, senior officials said at the Subcon 2015 conference on submarine technology organised by ThyssenKrupp Marine Systems (TKMS) in Kiel.


An “arc of instability” now spans several continents, exacerbating maritime security challenges, and the Ukraine crisis has highlighted the need to still consider more traditional security challenges, noted Vice Admiral Andreas Krause, the head of the German Navy. Continue reading

Germany Seals Itself Off

This could likely be temporary and for public consumption to stem outrage, or the national quota could’ve been filled for the year as Germany needs to bolster its declining population and even welcomes them with open arms like war heroes.


BERLIN (Own report) – Berlin has closed its southern borders to refugees, preventing other victims of civil wars from entering, and has begun deportations of rejected asylum applicants back to Southeast Europe. Inconsistencies among government officials over how to approach the refugee problem have ultimately led to an unexpected influx of tens of thousands of refugees. Thousands in the German population have made a unique display of helpfulness toward refugees, helpfulness, the government will now render futile. At today’s EU Interior and Justice Ministers Meeting, measures will be promoted to once again seal the EU borders and establish camps to hold refugees immediately upon their arrivals in Greece, Italy, and possibly Hungary. One such camp has been opened in Germany to separate Southeast European refugees for their rapid deportation. Last week, one hundred eleven refugees were deported by plane to Kosovo. Half of the 250,000 refugees, who entered Germany this year, between January and August, are threatened with immediate deportation. At the same time, demands are being raised to drastically reduce state support for refugees and to abolish the fundamental individual right of asylum.

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Putin’s offer to shield & develop Israel’s gas fields predated Russia’s military buildup in Syria

A multibillion Russian investment in the field would make it a Russian project which neither Syria nor Hizballah would dare attack, even though it belongs to Israel.

But now the situation has assumed a different face. Russian forces are streaming to Latakia, and Moscow has declared the area from Tartous, Syria up to Cyprus closed to shipping and air traffic from Sept. 15 to Oct. 7 in view of a “military exercise including test firings of guided missiles” from Russian warships. Continue reading

US Upgrades Nuclear Weapon Sites in Europe: Report


Commercial satellite imagery shows the work underway at the Incirlik Air Base in Turkey and Aviano Air Base in Italy, according to a report Thursday from the Federation of American Scientists, a nonprofit based in Washington, D.C., which opposes the proliferation of nuclear weapons. Continue reading

Germany’s Weidmann to head BIS,,18698487_403,00.jpg


The influential Bank for International Settlements is the coordinating body for the world’s most powerful central banks. It has elected the head of Germany’s central bank as its new chairman. Is a policy shift coming?

Germany’s central bank president Jens Weidmann will become the new board chairman of the Bank for International Settlements (BIS), the bank announced on Monday. Continue reading

Message to the World

BERLIN/ULM/BRUNSSUM (Own report) – The German Bundeswehr will play a leading role in “Operation Trident Juncture,” a large scale NATO exercise, set for late September. German NATO-General Hans-Lothar Domröse will command the exercise involving more than 36,000 soldiers. The German Armed Forces’ “Multinational Joint Headquarters” based in Ulm (Baden-Württemberg) will be the main coordinator. “Trident Juncture” will exercise a military intervention in a fictitious country at the Horn of Africa with NATO’s “Spearhead” response force, comprised mainly of Bundeswehr soldiers. According to the training scenario, not only will western troops be confronting a regular army and guerilla fighters, but will also encounter “food insecurity,” “massive population displacements,” “cyber-attacks,” “chemical warfare,” and “information warfare.” According to Lt. Gen. Richard Rossmanith, commander of the “Multinational Joint Headquarters Ulm,” “Operation Trident Juncture” will not only send a “message” to Russia: “Everyone should consider carefully about how they deal with us” – because NATO is “the strongest military alliance in the world” with a “360 degree” orientation.

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‘Supergiant’ gas field discovered in Mediterranean

A “supergiant” gas field holding the equivalent of 5.5bn barrels of oil has been discovered off the coast of Egypt, the largest ever find in the Mediterranean.

Italian oil group Eni, which announced the discovery on Sunday, said the find was enough to supply Egypt with gas for decades, in a major boost to the country’s struggling economy.

The deepwater Zohr well, almost 5,000 feet below the water’s surface and covering 100 square kilometres (40 square miles), may hold 30 trillion cubic feet of gas or more. Eni said it would fast-track the development of the discovery to begin production as soon as possible.

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An Unofficial Plebiscite

BERLIN/BARCELONA (Own report) – The German establishment is sending mixed signals in reaction to the announcement of an unofficial plebiscite on Catalonia’s secession from Spain. Catalan Prime Minister Artur Mas has declared the September 27 regional elections a de facto plebiscite on the region’s secession. Should his alliance secure the absolute majority, he will proclaim independence from Spain within 8 months. In the past, Germany had repeatedly supported Catalan secession. Influential German think tanks are demanding that secession not be obstructed. However, there is opposition rising from within business circles. Catalonia is a central site for German companies in Spain. Engaged in trade throughout Spain, they do not want to see their business possibilities limited to one region and Barcelona’s secession from Madrid could possibly prove an obstacle. According to German government advisors, on the other hand, these problems could be solved. Some economists contend that the EU’s currency, the Euro, can, in the long run, only be maintained within a uniform economic area. This would exclude Spain, but include a seceded Catalonia, the strongest economic zone on the Iberian Peninsular. Continue reading

U.S. is Destroying Europe

In Libya, Syria, Ukraine, and other countries at the periphery or edges of Europe, U.S. President Barack Obama has been pursuing a policy of destabilization, and even of bombings and other military assistance, that drives millions of refugees out of those peripheral areas and into Europe, thereby adding fuel to the far-rightwing fires of anti-immigrant rejectionism, and of resultant political destabilization, throughout Europe, not only on its peripheries, but even as far away as in northern Europe.

Shamus Cooke at Off-Guardian headlines on 3 August 2015, “Obama’s ‘Safe Zone’ in Syria Intended to Turn It into New Libya,” and he reports that Obama has approved U.S. air support for Turkey’s previously unenfoceable no-fly zone over Syria. The U.S. will now shoot down all of Syrian President Bashar al-Assad’s planes that are targeting the extremist-Muslim groups, including ISIS, that have taken over huge swaths of Syrian territory. Continue reading

Iran Warns of ‘Third World War’

Akbar Hashemi Rafsanjani, the chairman of Iran’s powerful Expediency Council, warned in comments that the “outbreak of World War III” is coming in the near future, according to a report by Iran’s Fars News Agency.

“The threat of the outbreak of the third world war by the terrorists is serious,” Rafsanjani was quoted as saying in a meeting with Italian Foreign Minister Paolo Gentiloni, who was in Tehran this week for a meeting with Iranian officials. Continue reading