4 ways Iran is becoming a Persian Empire

We may be looking at the Biblically prophesied King of the South, as written in the book of Daniel.

 

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(TRUNEWS) Has the recent lifting of oil sanctions; and their inclusion in the Eurasian Trade Zone, launched Iran toward becoming a modern resurgence of the Persian Empire?

On the Tuesday edition of TRUNEWS, guest Jim Willie mentioned that Iran — who he referred to as Persia — is the 4th leg in an emerging Eurasian Trade Zone with India, China and Russia. This new trade alliance, Willie said, is establishing a ‘New Silk Road” from the ports of Lisbon, Portugal to Vladivostok, Russia and will become the dominant economic system post-US petrodollar.

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Jim Willie: Petrodollar death by July

(TRUNEWS) Statistical analyst Jim Willie says the recent moves by the rising Eurasian Trade Zone have set the stage for a historic toppling of the Anglo-American petrodollar by July.

Willie’s statements were made during an exclusive interview with Rick Wiles of TRUNEWS  on Tuesday, while discussing the significance and meaning of a series of major geopolitical events over the past 3 months from China, Russia, Saudi Arabia, and the United States.

In the beginning of the interview, Willie said one of his veteran sources informed him that government analysts are predicting major economic turmoil to begin in the June/July timeframe. Willie noted that if he had to guess, the July 4th holiday weekend would be the flashpoint for the unraveling of this crisis. Willie said it would be prudent for Americans to stop all investments; and begin hoarding cash, food, and water to weather this impending financial super storm.

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U.S. To Undermine Russia’s Gas Monopoly In Europe

The first U.S. LNG shipment will soon arrive in Europe, marking a new era for energy on the continent. Cheniere Energy’s newly completed Sabine Pass facility on the U.S. Gulf Coast recently sent a shipment of American liquefied natural gas, which should arrive in Portugal within a few days.

“LNG coming out of the U.S. is probably the single most important thing that will transform the future LNG market,” Melissa Stark, energy managing director at Accenture, told Bloomberg. “It heralds the arrival of a global market.” Continue reading

Eurozone crisis IMMINENT as debt-ridden Italy and Portugal on verge of being new Greece

TROUBLES in the Italian and Portuguese economies could blow up this year to shatter the eurozone, as disastrous Greece almost did last year.

Investors have become increasingly concerned about the anti-austerity agenda of the Portuguese socialist government, fearing defaults could lie further ahead, which has seen the borrowing costs for the government soar. Continue reading

Euro on the brink of DISASTER: Germany’s debt plans could send currency into MELTDOWN

Remember what Merkel said in 2012. Destroying to rebuild is the case here.

 

GERMANY could spark the eurozone’s collapse with controversial changes to government debt and bailout rules, a leading economist has warned.

Professor Peter Bofinger, a special advisor to the Berlin-based government, said Italy and Spain could potentially be forced out of the euro and back to their own currencies under new plans.

Under the proposed scheme, investors who hold Eurozone government-issued debts through bonds would have to accept write-offs on the value of their investment before the group steps in to offer bailout cash. Continue reading

Portugal under Supervision

LISBON/BRUSSELS/BERLIN (Own report) – The EU is exerting massive pressure to prevent the new Portuguese government from reversing austerity measures. Last Friday, the EU Commission conditionally accepted – with stipulations – Prime Minister António Costa’s Draft Budget Plan aimed at phasing out the austerity policy. Brussels has already scheduled a budget reassessment for the spring. During her meeting with Costa, the day of the Commission’s decision, Angela Merkel urged Portugal’s prime minister to continue to pursue his predecessor Pedro Passos Coelho’s austerity policy. Powerful financial market actors, notably the Commerzbank, are also opposing the democratically elected Prime Minister. The socialist minority government – supported by smaller leftwing parties – is facing a crucial test.

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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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WARNING: ISIS unveils horrifying map of areas it wants to dominate in Europe by 2020

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Map reveals ISIS’ chilling plans for world domination

 

The chilling image highlights areas the brutal terror organisation plans to seize by 2020, including Spain, China and parts of North Africa.

According to the map, ISIS plan to take control of the Middle East, North Africa and parts of Europe, within the next five years, to complete its caliphate.

The caliphate – a state governed by Sharia law which ISIS plan to claim – covers areas from Spain in the west to China in the east.

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Germany refuses to let Greece off hook

The crisis in the eurozone was set to escalate on Monday night after the Germans said they could not write off Greek debts without offering financial assistance to Ireland, Spain and Portugal.

George Osborne, the Chancellor, on Monday urged Angela Merkel, the German chancellor, to consider backing down to ensure there was not a “disorderly exit” from the eurozone.

He said “the situation risks going from bad to worse” and warned that “Britain will be affected the longer the Greek crisis lasts and the worse it gets”.

He suggested Britain could fly planeloads of euro notes to Greece to assist stranded tourists.

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Greek crisis: Who is the troika bailing out Greece?

What organisations are included?

The European Commission is an executive arm of the EU. It does the day-to-day work of implementing EU policies and spending EU funds. But it must still answer to the member states of the EU.

Germany is the EU’s largest economy and is perceived to have the final say on the Greek bailout.

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Why the Euro Is Heading for an Earthshaking Crisis

Because the article has so many good points, a majority of it will be left up, as has been done here in rare cases.

Courtesy of The Trumpet:

 

And why the euro is incompatible with democracy

European leaders are in a panic. Greece’s banks are closed. Experts warn the global economy is under threat. And it all hinges on Greece’s place in the eurozone.

Fears of rioting and mass panic, dormant since the Greek fires of 2008, are rising again.

It shows just how fragile the eurozone is. In April 2014, the Greek government was able to borrow money on the normal financial markets at the relatively high, but not appalling, rate of 4.95 percent. As far as lenders were concerned, the euro crisis was over. Greece was no longer dangling over the edge of a precipice. Instead, it could borrow money just like any other normal nation. Continue reading

The next few days will transform Greece and Europe

As it turns out, the Greek crisis ends not with a bang, but with a referendum.

It has been easy to ignore the doings in Greece for the past few years, with the perpetual series of summits in Brussels that never seem to resolve anything. But it’s time to pay attention. These next few days are shaping up to become a transformational moment in the 60-year project of building a unified Europe. We just don’t yet know what sort of transformation it will be.

Whatever the exact phrasing of the question (and assuming the referendum goes forward as planned), it really boils down to this simple choice: Continue reading

Greece Capitulates: Tsipras Crosses “Red Line”, Will Accept Bailout Extension

We’ve long said that negotiations between Greece and its creditors are more a matter of politics than they are a matter of economics or finance.

From the troika’s perspective, breaking Greece and forcing PM Alexis Tsipras to concede to pension cuts and a VAT hike is paramount, and not necessarily because anyone believes these measures will put the perpetually indebted periphery country on a sustainable fiscal path, but because of the message such concessions would send to Syriza sympathizers in Spain and Portugal. In short, the troika cannot set a precedent of allowing debtor nations to obtain austerity concessions by threatening to expose the euro as dissoluble. Continue reading

How China Is Building the Biggest Commercial-Military Empire in History

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China’s outsized latticework of global infrastructure is said to be rooted in a fierce sense of competitiveness which they claim they learned from 19th century America.

In the 18th and 19th centuries, the sun famously never set on the British empire. A commanding navy enforced its will, yet all would have been lost if it were not for ports, roads, and railroads. The infrastructure that the British built everywhere they went embedded and enabled their power like bones and veins in a body.

Great nations have done this since Rome paved 55,000 miles (89,000 km) of roads and aqueducts in Europe. In the 19th and 20th centuries, Russia and the United States established their own imprint, skewering and taming nearby territories with projects like the Trans-Siberian and the Trans-Continental railways.

Now it’s the turn of the Chinese. Much has been made of Beijing’s “resource grab” in Africa and elsewhere, its construction of militarized artificial islands in the South China Sea and, most recently, its new strategy to project naval power broadly in the open seas. Continue reading

The Central Banks Are Losing Control Of The Financial Markets

Every great con game eventually comes to an end.  For years, global central banks have been manipulating the financial marketplace with their monetary voodoo.  Somehow, they have convinced investors around the world to invest tens of trillions of dollars into bonds that provide a return that is way under the real rate of inflation.  For quite a long time I have been insisting that this is highly irrational.  Why would any rational investor want to put money into investments that will make them poorer on a purchasing power basis in the long run?  And when any central bank initiates a policy of “quantitative easing”, any rational investor should immediately start demanding a higher rate of return on the bonds of that nation.  Creating money out of thin air and pumping into the financial system devalues all existing money and creates inflation.  Therefore, rational investors should respond by driving interest rates up.  Instead, central banks told everyone that interest rates would be forced down, and that is precisely what happened.  But now things have shifted.  Investors are starting to behave more rationally and the central banks are starting to lose control of the financial markets, and that is a very bad sign for the rest of 2015. Continue reading