Marine Le Pen SURGES INTO THE LEAD in latest French presidential election polls

As foretold on Global Geopolitics many times throughout the years, Europe will make a sharp turn to the right.

 

A French politician who is the president of the National Front (FN), a national-conservative political party in France and one of its main political forces. [AFP/Getty Images]

 

MARINE Le Pen has rocketed into the lead in the race to become France’s next president – just months ahead of the country’s general election.

The National Front leader has usurped Conservative candidate Francois Fillon to take the lead according to an Ifop-Fiducial opinion poll.

Le Pen is now leading the polls for the first time after taking advantage of Fillon’s declining popularity among France’s working class voters, according to the survey carried out for French weekly newspaper Paris Match, TV channel iTele and radio station Sud-Radio. Continue reading

EU and Switzerland agree on free movement

(Photo: Patrick Nouhailler)

 

The EU approved a new Swiss law on Thursday (22 December) that will allow EU citizens to work in Switzerland, opening the way to solve a two-year crisis.

An EU-Swiss joint committee, where all 28 EU states are represented, said that the law passed last Friday in the Swiss parliament would limit the effect of a 2014 referendum to introduce immigration quotas into the Swiss constitution.

One of the consequences of the referendum would have been to limit the free movement of EU workers to Switzerland, a member of the passport-free Schengen area. Continue reading

Europe’s Far-Right Anger Is Moving Mainstream

(Getty)

 

Anti-immigrant, anti-Europe, anti-Muslim sentiment is resonating with more and more voters in Europe.

In the wake of the Brexit vote in Britain and the recent Italian referendum, and with national elections looming in 2017 in the Netherlands, France, and Germany, there is concern that Europe may be inundated by a populist wave, driven in large part by right-wing parties exploiting anti-globalization, anti-immigrant, and anti-Muslim sentiments. Indeed, the strategy seems to be working: Polls show that people who have a favorable view of the National Front (FN) in France, the Alternative for Germany (AfD) in Germany, and the Party for Freedom in the Netherlands tend to be more negative about immigrants, refugees, and Muslims than their fellow countrymen. In addition, they are more euro-skeptic and more wary of globalization than their compatriots. Continue reading

Potential “Systemic Crisis In Eurozone” After Italy Votes No, Renzi Resigns

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Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for after his defeat?

Although the referendum on Sunday was officially on Renzi’s plan for legislative overhaul, it was widely seen in Italy as a vote of confidence in the prime minister and his government. In voting “no” — projections suggest 59% of those in the ballot made that choice — the Italians have set the stage for an early election and perhaps given local populist parties the chance to deliver a Brexit- or Trump-style shake-up. Continue reading

Banks are preparing for an ‘economic nuclear winter’

Video available for viewing at the source.

 

The first half of 2016 has been a roller-coaster for financial markets. A combination of uncertainties surrounding the U.K.’s vote to leave the European Union and weaker-than-expected corporate earnings results across the region means a tough second half looms.

European banks, in particular, have had a very tough six months as the shock and volatility around Brexit sent banking stocks south. Major European banks like Deutsche Bank and Credit Suisse saw their shares in free-fall after the referendum’s results were announced. In the U.K., RBS was the worst-hit, with its shares plunging by more than 30 percent since June 24.

The current uncertainty over when the U.K. will start the process of quitting the EU has banks on tenterhooks. But a source told CNBC that banks are “preparing for an economic nuclear winter situation.”

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German economy left SHATTERED after Brexit vote, shock new figures reveal

CONFIDENCE in Germany’s economy has plunged in the wake of Britain’s vote to leave the European Union, dramatic new figures have revealed.

Business morale in Europe’s biggest economy tumbled in August at its fastest rate since the height of the eurozone debt crisis in 2012, showed the closely-followed economic institute Ifo survey.

The monthly 106.2 reading – from 108.3 in July – is now sitting at its lowest level since February. Continue reading

‘EU is a DICTATORSHIP’ Furious campaigners want to move German state to PUTIN’S RUSSIA

ANGRY residents of a region in Germany have lashed out at the European Union ‘dictatorship’ and launched a petition to move the state to Russian rule.

The petition calls for fellow Saxons to join the campaign to exit Angela Merkel’s nation.

In a statement, the group, known as the Pro-Putin Party, said: “As we have repeatedly and constantly experienced, there is nothing the EU dictatorship committee would recoil from! Continue reading

‘Italian Revolution’ OUTRAGE at plans for mosque next to the Leaning Tower of Pisa

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A referendum will decide whether a mosque is to be built by the Tower of Pisa

 

HUNDREDS of people have signed a petition against the construction of a mosque near the Tower of Pisa meaning a referendum will decide whether the religious building will be built.

Yesterday, 1,800 signatures were collected against the Islamic place of worship – the number needed for a vote to take place.

Italian journalist and politician Magdi Allam called the referendum “the Italian revolution” and he said Pisans did not expect to get 1,800 signatures. Continue reading

Royal Navy warships ‘should be sent to Gibraltar’ during Brexit negotiations as Spain pushes for joint sovereignty

As mentioned in previous posts, Spain will be gunning for British territory now that Brexit is in motion. The Brexit leaves the rest of the EU bitter and as a form of punishment will support Spain’s bid to take Gibraltar. Great Britain will receive no support since it exited and is no longer part of the EU.

See the following previous posts for more information:

Post-Brexit headlines for June 24, 2016, and more

Royal Navy Fires Warning Shot At Spanish Boat In Gibraltar

Will Brexit Mean the End of the UK’s Control of the Falklands and Gibraltar?

British nuclear submarine ‘surfaces off Gibraltar’ as row with Spain heats up

 

British warships must be sent to Gibraltar to “protect it from Spain” during Brexit negotiations, a former Ministry of Defence special adviser has said.

Known as The Rock, Gibraltar lies at the end of the Iberian Peninsula in Spain, but its 30,000 residents have voted several times to remain a British Overseas Territory.

After an overwhelming 96 per cent Remain vote in June’s EU referendum, Spanish foreign minister Jose Manuel Garcia-Margallo swiftly called for the UK to share sovereignty, but the move was snubbed by Westminster. Continue reading

Beyond the EU

BERLIN/NUUK/REYKJAVÍK/TÓRSHAVN (Own report) – Whereas the Brexit has been met with wholesale rejection by the German and other EU member states’ establishments, it was positively assessed in the little noticed countries of Northwest Europe, growing in strategic importance. Iceland’s president recently invited Great Britain to enhance its cooperation with the “triangle of non-EU countries,” meaning Iceland, and the autonomous regions Greenland and the Faroe Islands, which are part of the Kingdom of Denmark. Greenland left the European Community (EC) in 1982; the Faroe Islands have never been members and Iceland officially withdrew its application for EU membership in 2015. All three countries refuse nuclear weapons and NATO’s missile defense shield on their territories, while showing a greater openness towards Russia than most other western countries. Iceland and particularly Greenland have been growing in their strategic importance with the impending opening of Arctic sea routes and exploitation of Arctic natural resources. German experts have already suggested inciting Greenland to secede from Denmark. This would offer Germany greater influence on Greenland and consequently on the Arctic’s political, economic and military affairs.

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IMF boss Christine Lagarde calls turn away from globalisation world’s top challenge

In today’s world up is down, down is up, left is right and right is left. Retaining national sovereignty is now an offense to those who want to destroy it.

 

The risk of countries turning their back on global co-operation is the biggest challenge facing the world, as low growth and rising inequality fuel the rise of populism, said IMF managing director Christine Lagarde.

“It did not take the Brexit vote to understand that low growth, rising inequality, and a lack of jobs have combined with social and geopolitical concerns to fuel the rise of populism and inward-looking forces,” Ms Lagarde said in the text of a speech on Thursday at the Centre for Global Development in Washington. Continue reading

Italy’s finance minister INCREDIBLY blames nation’s banking crisis… ON BREXIT

As said in the previous post about Italy, it’s convenient to blame others for your problem to keep the attention away.

 

BRITAIN’S vote to leave the European Union (EU) is to blame for the disastrous state of Italy’s banks – and not Rome’s heavily criticised policymakers – according to the finance minister.

Pier Carlo Padoan has sought to deflect attention from himself against allegations the Italian government could have prevented the country’s current banking crisis by laying fault with the Brexit vote, despite the financial crisis hugely pre-dating the referendum.

The minister said instability of several of the banks aren’t the cause of the turmoil now rocking the Italian financial system, reported German newspaper Spiegel. Continue reading

Flexible Union with a European FBI

BERLIN (Own report) – Berlin is applying intense pressure in the aftermath of the Brexit, to reorganize the EU. Under the slogan, “flexible Union,” initial steps are being taken to establish a “core Europe.” This would mean an EU, led by a small, tight-knit core of countries, with the rest of the EU member countries being subordinated to second-class status. At the same time, the President of the European Parliament and Germany’s Minister of the Economy (both SPD) are calling for the communitarization of the EU’s foreign policy, reinforcement of its external borders, the enhancement of domestic repression and the creation of a “European FBI.” The German chancellor has invited France’s president and Italy’s prime minister to Berlin on Monday to stipulate in advance, measures to be taken at the EU-summit on Tuesday. German media commentators are speaking in terms of the EU’s “new directorate” under Berlin’s leadership. At the same time, Berlin is intensifying pressure on London. The chair of the Bundestag’s EU Commission predicts a new Scottish referendum on secession and calls for Scotland’s rapid integration into the EU. German politicians in the European Parliament are exerting pressure for rapidly implementing the Brexit and reorganizing the EU. Chancellor Merkel has reiterated her veiled threat that “reconciliation and peace” in Europe are “anything but self-evident,” should European countries choose to no longer be integrated in the EU.

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Why Britain’s Vote on EU Membership Is So Momentous

A European Union referendum postal voting form (Christopher Furlong/Getty Images)

 

Watch the Brexit vote today. Whichever way it goes, it could mark a turning point for Europe and the world.

Britain’s referendum on its membership in the European Union is its most important decision in a generation. But regardless of which option the Brits choose, June 23 could mark a major turning point, both for Britain and for the EU. The referendum is forecast to be close.

The Fate of Europe

Even if Britain votes to stay, it will not deepen its ties with the European Union. Britain has no appetite for handing over more power to Brussels.

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On eve of defining British EU referendum, rivals race for final votes

British Prime Minister David Cameron and his eurosceptic opponents made final pitches for wavering voters on Wednesday on the eve of a defining referendum on European Union membership with the outcome still too close to call.

The vote, which echoes the rise of populism elsewhere in Europe and the United States, will shape the continent’s future. A victory for “out” could unleash turmoil on financial markets and foreign exchange bureaux reported a surge in demand for foreign currency from Britons wary sterling may fall.

“Quitting Europe is a risk to your family’s future because a vote to leave on Thursday means there is no going back on Friday,” Cameron said.

Most pollsters said the result was too close to predict, and would depend on turnout on the day and any late swing among the substantial number of undecided voters.

“It’s our last chance to sort this out and take back control,” said former London mayor Boris Johnson, the main leader of the Leave campaign and favorite with bookmakers to replace Cameron in the event of Brexit. Continue reading