If 2015 is anything like 2014 we can expect a wild ride. Oil price volatility – including its downward trend – will linger well into the first and second quarters as global production persists and key conflicts in Eastern Europe and the Middle East show no end. For its part, the United States is better positioned than most – the US is poised to carry the global economy in 2015 with projected GDP growth of 3.1 percent. However, converting this potential into meaningful energy trade and/or soft power is another matter altogether and 2015 offers limited opportunities. Continue reading
In the end, they will side with Russia. Not only because of legal issues or political issues such as the Snowden ‘scandal’, but because they have historically leaned pro-Russian despite the last 70 years of strong relations with the United States. The current Chancellor, Angela Merkel, is heavily Russian influenced as she grew up in the Soviet controlled eastern portion of Germany and voluntarily participated in the DDR — and held leadership positions. She was groomed to be pro-Russian. Her predecessor, Gerhardt Schröder, strengthened business ties between nations during his tenure, plus he now works for Gazprom, a state-owned (KGB/FSB) Russian gas company — and knows exactly who and what entity he works for.
It doesn’t take a genius to see where this is going as leaves don’t fall far from the tree. The espionage ‘scandal’ is only an excuse — because it’s quite clear every nation spies on another, including allies — to do what Germany has long wanted to do: Kick NATO and the Western powers out and rule the European continent on its own.
NATO being shown the door is only one crisis away and a Russian invasion of Ukraine could prove that. NATO, the protectorate of Europe against Soviet aggression, is unprepared to fend off a Russian attack and will sit idly by while anger stirs against its intentional complacency. That would be the nail in the coffin for the West and a boost for Germany’s Fourth Reich to take the military lead, as it’s slowly pushing for now.
Germany is to scupper a free trade agreement between the European Union and Canada because the clauses giving legal protection to investors would give them too much power, according to a report in a leading Germany newspaper.
The Canada deal is considered a template for the United States-EU free trade agreement, the Transatlantic Trade and Investment Partnership (TTIP), which is still under negotiation. If Germany rejects the Canada agreement, then the American deal looks likely to fail, too.
A senior European Commission official in Brussels told the Sueddeutsche Zeitung: “The free trade treaty with Canada is a test for the agreement with the United States.” If the one with Canada is rejected, “then the one with the United States is also dead.” Continue reading
BERLIN/WASHINGTON (Own report) – The German Chancellor is suggesting that the EU should take a “new look at its energy policy” as a whole. As Angela Merkel confirmed last week, several EU countries are at least partially “very highly dependent” on “the supply of raw materials from Russia.” Spurred on by the Ukrainian crisis, Berlin and Brussels could, however, in the long run, seek to liberate themselves. Merkel made her remarks following talks with Canada’s Prime Minister, who is considering the diversification of his country’s energy exports and does not exclude exporting natural gas to Europe. This, along with gas, which is extracted in the USA by the controversial “fracking” technique and should be exportable soon, could shake Russia’s strong position on the European gas market. Massive price cuts could result, forcing Moscow to drastically cut its budget, according to US experts. Whether Putin could politically survive such measures is unknown. In Berlin the debate continues over the new perspective of transatlantic energy. Representatives from US-oriented sectors are in favor and those from energy companies doing business with Russia and from the SPD, are opposed. Continue reading
Open question: Was giving up an internet under American control done as a ‘measure of good faith’ in order to push the trans-Atlantic deal through?
(Reuters) – U.S. President Barack Obama and European Union leaders will promise to remove all tariffs on bilateral trade at a summit on March 26, an ambitious step towards the world’s largest free-trade deal, according to a draft statement seen by Reuters.
The joint declaration, if delivered as laid out in the draft, seeks to overcome tensions following Washington’s offer to cut its duties by less than the Europeans had hoped for and after Brussels pledged to remove almost all of its own tariffs. Continue reading
The US –EU transatlantic trade deal, will go to a second round of talks in mid- November, but could hit a stumbling block over Germany’s demand for data protection as a condition to signing the treaty.
The EU and US policymakers agreed to hold two more rounds of trade negotiations over the next two months, The Wall Street Journal reports. The first round will take place in Brussels on November 11-15 and cover investment and energy sector trade, as well as address regulatory issues. In December officials will congregate in Washington DC for another round of talks. Continue reading