Switzerland’s highest court has ordered Israel to pay Iran around $1.1 billion plus interest in a decades-old dispute over a secretive oil pipeline company predating the 1979 Islamic revolution which made the countries enemies.
The Swiss Federal Tribunal rejected an appeal, citing lack of due process, against an arbitration ruling last year. The verdict, dated June 27, was available on the Lausanne court’s website.
It also awarded Iran 450,000 Swiss francs ($461,302) in court costs and lawyer fees.
WASHINGTON — The Obama administration secretly organized an airlift of $400 million worth of cash to Iran that coincided with the January release of four Americans detained in Tehran, according to U.S. and European officials and congressional staff briefed on the operation afterward.
Wooden pallets stacked with euros, Swiss francs and other currencies were flown into Iran on an unmarked cargo plane, according to these officials. The U.S. procured the money from the central banks of the Netherlands and Switzerland, they said. Continue reading
“A letter with the notification on withdrawal of Switzerland’s application for EU membership was received last Wednesday,” the spokesperson told RIA Novosti. Continue reading
While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse who just discovered their partner was cheating. They may say beware of a woman scorned, well it looks like this applies to male politicians as well. The brain-dead morons cannot grasp that they crossed the line and embarked upon a political union in which they have denied any democratic process because they assume the people are too stupid to see what they see. Continue reading
This article right here explains exactly why Europe is allowing itself to be flooded with immigrants. It’s another step in creating the United States of Europe.
Since the article is so informative, it’ll remain 100% in tact here for archiving purposes.
Most people have never heard of the real man behind the curtain who inspired the idea of the European Union. They certain do not realize that his idea was to stop the inbreeding within Europe and to support the mixing of peoples and many say races to create the United States of Europe. Richard Coudenhove-Kalergi (1894-1972), was of noble birth and was very much an elitist. He is the real father of the European Union for his efforts go back to 1922 when he founded in Vienna the “Pan Europe” movement. Indeed, his idea was partially supported by the fact that the people of Europe migrated to the United States and intermarried to create America. He saw the same thing was necessary for Europe. This idea is behind German Finance Minister Schäuble outrageous statement that the refugees are needed calling for more immigration into Europe otherwise, Europe will“degenerate into [an] inbred” continent. This is right out of Coudenhove-Kalergi whose argument captured many elitists and spread from Austria to most other countries within Europe. You have to keep in mind that the Royal families were engaged in such a policy. The English monarch is related to the German, Russian, Dutch, and Spain where there were all intermarriages under the theory of creating political stability. Continue reading
Following a vote in the lower house, the government will now tell the EU to “consider [the application] as withdrawn,” Swiss Foreign Minister Didier Burkhalter was quoted as saying by the Neue Zurcher Zeitung, POLITICO wrote. Continue reading
GERMANY has issued a stark warning to Britain telling the nation there will be no second chances if people vote to leave the European Union on June 23.
Elmar Brok, German member of the European Parliament Committee, said it will simply be “divorce proceedings” and warned that the migrant crisis will only get worse for the UK if we quit the 28-nation bloc.
He said there will be no “re-negotiations about a new deal.
German drugs giant Bayer has made a $62bn (£43bn) offer for Monsanto, in a deal that would create the world’s biggest agricultural supplier.
Bayer said the bid was an “extraordinary opportunity to create a global agriculture leader.”
Monsanto is primarily known for genetically modified crops, often leading to vocal activist criticism.
Last week, news of the deal angered Bayer investors, with one describing it as “arrogant empire-building”. Continue reading
Capital flight or capitol fight: Why is so much money fleeing China, and what is the biggest ramification?
An obscure Chinese company is buying the Chicago Stock Exchange. The February 5 announcement stirred a tumult on Capitol Hill. Members of both parties of Congress denounced the takeover, calling for the Treasury Department to investigate the proposed sale.
Yet the founder of the Chongqing Casin Enterprise Group (Casin Group), which is buying the Chicago Exchange, assured regulators that his intentions were purely financial in nature. He planned on keeping the United States management team in place and said he would use information learned from the Chicago Exchange “to help develop financial markets in China over the longer term and to bring exciting Chinese growth companies to U.S. investors.”
So what’s the problem?
U.S. markets logged their fifth straight week of gains last week, pushing the Dow and S&P 500 into positive territory for the first time in 2016. But despite those gains, the fears of a stock market crash are still very real.
Because of its mid-cost nature, compared to the high cost of conventional drilling, shale will rebound quickly, according to Daniel Yergin, founder of IHS Cambridge Energy Research Associates, who said groups are already in place to grab the assets of bankrupt U.S. shale drillers.
“The management may change and the companies may change but the resources will still be there,” Yergin told the Daily Telegraph. Continue reading
FAR-RIGHT parties are on the march across Europe as the unprecedented migrant crisis gripping the continent fuels a surge in support for nationalist movements.
This shocking map shows how anti-immigration campaigners have enjoyed huge gains in this year’s elections, whilst thousands have taken to the streets to protest against the overwhelming influx of migrants and refugees.
From Greece to Germany and Switzerland to Sweden, far-right protestors and parties have stormed the mainstream of European politics as voters rebel against years of predominantly socialist rule.
Central planners around the world are waging a War on Cash. In just the last few years:
- Italy made cash transactions over €1,000 illegal;
- Switzerland proposed banning cash payments in excess of 100,000 francs;
- Russia banned cash transactions over $10,000;
- Spain banned cash transactions over €2,500;
- Mexico made cash payments of more than 200,000 pesos illegal;
- Uruguay banned cash transactions over $5,000; and
- France made cash transactions over €1,000 illegal, down from the previous limit of €3,000.
The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything. Continue reading
Germany’s BND foreign intelligence service spied on the FBI and U.S. arms companies, a public radio station in the country disclosed Wednesday. Continue reading
China’s middle class has surpassed that of the United States to become the world’s largest, according to the 2015 Credit Suisse Global Wealth Report.
With 109 million adults “this year, the Chinese middle class for the first time outnumbered” that in the United States at 92 million, the report states.