EU Wants to Order All Euro Trading Moved from London to Paris

 

The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play cards with euro themselves and guarantee it will never be anything to anyone else, no less convertible worldwide. Continue reading

US deploys all its nuclear-capable strategic bombers to Britain for the first time amid growing tensions with Russia

Show of force: The B-1 Lancer (left), B-2 Spirit (centre) and B-52 Stratofortress (pictured right) together at RAF Fairford

 

  • Two B-2 stealth bombers arrived at RAF Fairford with three B-25 Stratofortresses and three B-1 Lancers
  • The fleet of nuclear-capable strategic bombers are in Gloucestershire to support planned NATO exercises
  • But they also send a powerful show of strength to Putin’s Russia, in echoes of the Cold War
  • In recent months NATO jets have been repeatedly scrambled to intercept Russian bombers

The US has deployed several nuclear-capable strategic bombers to Britain for the first time as tensions with Russia continue to grow. Continue reading

Global credit crunch WARNING issued on debt bubble as current trends mirror 2008 crash

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A indicator tracking credit is following a worrying trend [Getty]

 

WARNING signals have been felt today after a key credit indicator mirrored the same pattern experienced ahead of the financial crisis of 2008, in a eerie sign that the global economy is heading for another downturn.

A key UBS credit impulse which monitors the changes in credit volume has tumbled by six per cent of GDP since last year.

It mirrors the same movement seen before the financial crisis 10 years ago, raising fears the global bubble could be about to burst and another credit crunch. Continue reading

Brexit under threat: Macron set for landslide victory that may drastically alter EU exit

Emmanuel Macron on campaign trail and Theresa May

Emmanuel Macron is facing election success while Theresa May faces chaos (Reuters)

 

EMMANUEL Macron is on course for another landslide win as voting on Sunday opened in parliamentary elections that will have huge implications for Brexit.

According to final opinion polls, the 39-year-old head of state’s Republique En Marche! (REM) party could win between 395 and 425 seats in the National Assembly.

If the CEVIPOF-Le Monde figures prove correct, this would be far above the 289 needed to secure an absolute majority. Continue reading

Europe Moves Away from US to Become Independent in Terms of Defense Capability

You’re looking at the world’s next superpower, a United States of Europe complete with its European Army, courtesy of Germany’s Fourth Reich.

 

 

The idea to create a European defense structure independent from NATO had been floated for some time. It was a topic for discussions but no concrete steps have been taken to make it come true. It appears to be changing now after US President Trump apparently made no mention of Article 5 or collective defense during the May 25 NATO summit to stun his European allies. «Trump Leaves NATO» was the Carnegie Endowment’s assessment of the event. No such thing ever happened before. It provides a powerful incentive for the Europeans to push ahead with plans to convert the words into deeds. German Chancellor Angela Merkel urged Europeans “to take our destiny in our hands” and warned that the United States was no longer a reliable partner. Her words marked a turning point. Continue reading

The Years of Terror (I)

LONDON/BERLIN/RIYADH (Own report) – With its continued worldwide support for Salafis, Germany’s close partner, Saudi Arabia, is relentlessly fertilizing the soil for the growth of jihadi terror, according to the German Institute for International and Security Affairs (SWP). “The consequences of Saudi Arabia’s support for Salafism are catastrophic,” the SWP concludes in light of IS/Daesh activities in Europe. British experts are also sharply criticizing cooperation with Riyadh. If one seriously wants to combat jihadi terror, one “should start by stopping the mass export of Wahhabism’s intolerance and hatred from Saudi Arabia,” an insider recommends. This is, however, countered by Germany, other European powers and North America’s relentless cooperation with the Saudi ruling clan. Just a few weeks ago, Chancellor Angela Merkel launched regular military cooperation with the Saudi armed forces. Out of consideration for Riyadh, the British government has been withholding an investigation, showing the – presumably Saudi – financiers of British jihadis. This had been made known only three days before the latest terror attack in London.

Continue reading

Out of control U.S. intel leakers go from shaming President Trump to shaming U.S.

The New York Times released detailed crime scene information, and photographs from the terror attack carried out by Salman Abedi.

 

“Furious” UK investigators have stopped sharing intelligence gathered from the Manchester bombing with the United States after U.S. law enforcement sources leaked key details and photographs from the investigation to domestic journalists.

Just as angry was U.S. President Donald Trump. In a presidential statement issued while Trump was at NATO HQ, he called the Manchester leaks “deeply troubling,” vowed to “get to the bottom” of them and demanded a full investigation by U.S. agencies. Continue reading

Critical: Military on the Streets of Britain

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Country engaged in war with radical Islam.

Theresa May yesterday announced that the threat level in the UK was being raised from”severe” to “critical” meaning that another terrorist attack could be imminent. Continue reading

EU SUPERSTATE: Brussels ‘to force EVERY member state to adopt euro by 2025’

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The EU wants every member state to adopt the Euro by 2025, reports claim [GETTY]

 

BRUSSELS officials want every European Union country to be using the euro by 2025, a bombshell new report has claimed.

Nine of the 28 member state in the EU are currently not part of the single currency.

The UK and Denmark are exempt, but the remaining seven nations all agreed to adopt the euro when they joined the bloc. Continue reading

Increasing Power at the Gulf

BERLIN/KUWAIT CITY (Own report) – Berlin is considering deploying German fighter jets in Kuwait to systematically expand its foothold in this Middle East Emirate. It is not yet clear, whether the Bundeswehr’s Tornados, currently participating in the anti-IS war, will be removed from Incirlik Air Base or where they may otherwise be stationed. The Kingdom of Jordan or the British colony on Cyprus (Akrotiri and Dhekelia) may be alternatives. Kuwait is also an option, given the fact that the German government has been intensifying its cooperation with the Emirate for quite some time – not only economically but also with arms deliveries. Increasing the German military presence in Kuwait would raise German-Kuwaiti relations to new heights. The Bundeswehr would also gain another foothold directly at the Persian Gulf. So far, particularly the US, British and French armed forces have a presence in that region. Continue reading

Britain blocking EU military HQ: sources

Brexit-bound Britain is blocking the launch of an EU military headquarters because it opposes any suggestion that the unit would have an active operational role, EU diplomatic sources said Friday.

After months of tough negotiations, all 28 member states approved plans in March for a small grouping in Brussels to coordinate three of the bloc’s overseas training operations. Continue reading

EU army next? Brussels in a unique position to provide WORLDWIDE security – chief claims

EU could provide world-wide security, Federica Mogherini claimed [GETTY / PH]

 

THE European Union is in a unique position to provide global security, the Commission’s vice-president has claimed.

Federica Mogherini, who is also the EU’s foreign affairs chief, said Brussels had both the ‘hard’ and ‘soft’ power needed to accomplish the task.

Speaking at the Lennard Meri Conference, Estonia, she said: “There is a European way to security that is never purely and only military.  Continue reading

Russian Orthodox Prelate Predicts: Europe Will Turn Muslim In 30 Years, Russia In 50

Russian Orthodox Archpriest Dmitri Smirnov (Pravoslavie.ru)

 

The chairman of the Patriarchal Commission on Family Matters, and the Protection of Motherhood and Childhood, archpriest Dmitri Smirnov, predicted that Europe with turn Muslim in 30 years, while Russia will turn to Islam in maybe 50 years. According to the Russian Orthodox archpriest, Christians will be persecuted and will live in semi-underground. Smirnov said that Islam will prevail in the West, because Muslims are ready to sacrifice themselves in order to fight for their own values, while Westerners are just “exhausted sick people, as good as dead.”

Below are excerpts from Smirnov’s statement: [1]

‘There Is Very Little Time Left Until The Death Of The Entire Christian Civilization’

“The chairman of the Patriarchal Commission on Family Matters, and the Protection of Motherhood and Childhood, archpriest Dmitri Smirnov, predicts the imminent demise of Christian Civilization. ‘There is very little time left until the death of the entire Christian Civilization. Several decades, perhaps 30 years, well, maybe in Russia it will last 50, no longer,’ the priest told [Russia’s] Soyuz TV channel. Continue reading

The Coming China-Germany Trade Juggernaut

 

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In a post-American trade war, this emerging bloc will wield devastating power.

Stories of international angst over United States President Donald Trump’s protectionist approach are becoming more commonplace. Mr. Trump’s “buy American, hire American” catchphrase sounds good for many at home, but abroad, it is prompting a weighty reorganization of international trade relationships. And long term, the result will be a trade war that will prove ruinous to the U.S.

World trade has changed a great deal over the last several decades. The international community at large no longer depends on America’s giant import expenditures and exports. Parag Khanna of Politico wrote:

As Americans, it’s easy to assume that global trade still depends on America as the consumer of last resort. But that’s no longer true. In fact, the majority of trade in emerging-market nations is with each other, not with the U.S. In 1990, emerging economies sent 65 percent of their exports to developed nations like the U.S. and Europe, and only 35 percent to other developing countries. Today, that figure is nearly reversed. Continue reading

Brussels’ Provocations

BERLIN/LONDON (Own report) – German business associations are calling on the EU Commission to end its Brexit provocations. An unorderly Brexit would entail enormous costs for the German economy, the President of the German Chambers of Industry and Commerce (DIHK) warned; therefore an amicable Brexit agreement with London must be reached. The Federation of German Industries (BDI) expressed a similar view. The head of the EU’s Commission’s recent audacious financial demands and deliberate indiscretions have stirred massive resentment in the United Kingdom and were rightfully considered an attempt to influence Britain’s upcoming parliamentary elections. Observers attribute these indiscretions to EU Commissioner Jean-Claude Juncker’s German Chief of Staff, Martin Selmayr (CDU), who is currently playing a key role in the Commission’s Brexit negotiations’ preparations. The German Chancellery is now calling for restraint in view of the severe damage a hard Brexit could entail for the German economy. Continue reading