By Mats Persson Economics Last updated: March 17th, 2013 There are two ways to look at the hugely controversial bailout agreed for Cyprus in the early hours of Saturday morning, in which the small island nation – accounting for only… Read More ›
Current Affairs
Only Jesus can save the eurozone: Deutsche Bank (2nd Confirmation)
Business Insider | 13/03/14 2:06 PM ET – Deutsche Bank‘s global head of FX strategy, Bilal Hafeez, recently gave a speech at the annual Deutsche Bank Mittelstand (small and medium-sized enterprises) FX conference in Hamburg, Germany. The bank’s research department… Read More ›
DEUTSCHE BANK: ‘Only Jesus can save Eurozone’
Sunday, 17 March 2013 Deutsche Bank‘s global head of FX strategy, Bilal Hafeez, recently gave a speech at the annual Deutsche Bank Mittelstand (small and medium-sized enterprises) FX conference in Hamburg, Germany.. . The bank’s research department transcribed Hafeez’s speech… Read More ›
Osborne says UK will help troops hit by EU raid on British savers in Cyprus
George Osborne: UK will compensate troops and government workers affected by Cyprus bailout levy Savers in Cypriot banks will be forced to hand over up to 10 per cent of their deposits to raise about €6bn James Legge Sunday 17… Read More ›
Cyprus Bail-Out Unfair, short-sighted and self-defeating: Will anyone ever put their savings in a Eurozone Bank again ?
Unfair, short-sighted and self-defeating Mar 16th 2013, 14:54 by A.P. IT IS not a fudge, but it is still a failure. The euro zone’s bail-out of Cyprus, which was sealed in the early hours of Saturday, did get the bill… Read More ›
Factbox: Outlines of Cyprus’ bailout by the euro zone
EEV: Even though this is being reported through a major news organization, it still needs validation. Meetings were out of the public view, so there currently is no way to determine what has actually been agreed to. Confiscation of a peoples… Read More ›
Greece seeks buyers for local units of Cypriot banks
ATHENS | Sat Mar 16, 2013 3:20pm EDT ATHENS (Reuters) – Athens has started exploring local lenders’ interest in taking over the Greek units of Cypriot banks, as part of the island’s international bailout agreed earlier on Saturday, Greece’s finance… Read More ›
Cyprus: panic as savings levy is imposed
Cypriots rush to ATMs before savings are docked as part of a bailout deal agreed in Brussels Paul Gallagher and Helena Smith guardian.co.uk, Saturday 16 March 2013 15.14 EDT Cyprus’s rightwing leader Nicos Anastasiades believes his country will default following… Read More ›
Spain protesters accuse EU of servility to markets
16 Mar 2013 MADRID (AFP) Thousands of protesters marched Saturday in Madrid and other cities in Spain against European Union leaders’ handling of the financial crisis, condemning “an EU that belongs to the markets”. The marches, organised by Spain’s “indignados”… Read More ›
20,000 Swiss civil servants protest austerity
AFPMarch 17, 2013, 2:52 am AFP © 20,000 Swiss civil servants protest austerity GENEVA (AFP) – Some 20,000 teachers, police, hospital workers and other civil servants gathered in the Swiss capital Saturday to protest austerity measures and demand better working… Read More ›
A look at Cyprus’ decision to tax depositors : Euro and the IMF resorts to absolute theft
By SARAH DiLORENZO AP Business WriterAssociated Press Posted: 03/16/2013 09:16:15 AM PDT March 16, 2013 7:15 PM GMTUpdated: 03/16/2013 12:15:23 PM PDT PARIS—People with bank accounts in Cyprus were shocked Saturday to learn that as part of an … Read More ›
Cyprus people ‘shocked’ with bailout terms: EuroGroup wants to tax Bank Deposits
Please refer to Update: Latest Update: It is apparent that Reuters is running a similar story that is there is no run on the banks, and foreigners accounts are safe. Cyprus parliament to vote on savings levy The following… Read More ›
French first lady accused of ’embezzlement’ for funding lavish lifestyle with taxpayers’ money… despite not actually being married to president
Valerie Trierweiler is accused of being just Francois Hollande’s ‘mistress’ Accusations made in criminal court complaint by millionaire Xavier Kemlin He claims she makes France the ‘laughing stock of all heads of state’ Says tax shouldn’t ‘house, feed, fund woman… Read More ›
Could Germany spark another war? I fear it’s all too possible
EEV Warning: Some Imagery will be found offensive. These articles are becoming more common, and being printed with a greater and greater frequency. By Dominic Sandbrook PUBLISHED: 18:56 EST, 12 March 2013 | UPDATED: 03:53 EST, 13 March 2013 The… Read More ›
‘In fact, Italy’s already out of the euro’ – Grillo
Mar 13, 2013 18:20 Moscow Time Photo: EPA Beppe Grillo, the leader of the “Five Star Movement” which won 25% of the votes cast in the last parliamentary elections was interviewed by the German financial newspaper Handelsblatt. The former comic… Read More ›
Majority of British children will soon be growing up in families struggling ‘below the breadline’, Government warned
Nigel Morris Wednesday, 13 March 2013 The majority of British children will soon be growing up in families which are struggling “below the breadline” because of welfare cuts, tax rises and wage freezes, the Government is warned today. Within… Read More ›
Wave of euroscepticism reaches Germany / “predicted the collapse of the Eurozone”
Natalia Kovalenko, Alexander Shishlo Mar 12, 2013 16:31 Moscow Time © Flickr.com/Luigi Rosa/cc-by-sa 3.0 German opponents to the common European currency have set up a new political party named Alternative for Germany. They urge disbanding the Eurozone, going back to… Read More ›
One of Europe’s most prominent statesmen has warned that resentment of Germany across the continent is so high that war remained a danger
‘The demons are only sleeping’: Luxembourg PM paints chilling portrait of Europe as he draws parallels with build up to WW1 Jean-Claude Juncker: ‘WW1 demons are not banished’ Says Bosnia wars were ‘chillingly’ similar to early 1900s Highlights current anti-Germany… Read More ›
Banks saved, but may have lost an entire generation of young people in the process, the president of the European Parliament said.
Banks saved, but Europe risks “losing a generation” By Luke BakerPosted 2013/03/11 at 3:37 pm EDT BRUSSELS, Mar. 11, 2013 (Reuters) — Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation… Read More ›
Athens Mosque will cost Greece 846,000 euros / Even though the an offer from the Turkish government to pay for it was rejected
The government goes ahead with the plans despite economic crisis 11 March, 12:33 Muslims living in Greece perform Eid al-Fitr morning prayers in Athens (ANSAmed) – ATHENS – It will cost the cash-strapped Greek government, which is cutting pay, raising… Read More ›
Anti-euro party created in Germany
Mar 11, 2013 22:22 Moscow Time © Collage: «Voice of Russia» German activists have created a political party to campaign for an exit from the Eurozone. The party’s name is An Alternative for Germany. The members include businessmen, academics, economists… Read More ›
Finland: Keep Romania and Bulgaria out of Schengen
Wednesday, 06 March 2013 Finland says it will block Romanian and Bulgarian bids to join the passport-free Schengen travel zone ahead of a meeting of EU Interior ministers on the matter Thursday, Finnish television YLE reports. Both government and… Read More ›
Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime
Italy’s Bersani on collision course with Germany and ECB over austerity Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime as he laid out plans for a centre-Left government, risking a serious clash with Germany and… Read More ›
Russia conducts largest nuclear drill in 20 years
Russian nuclear forces conducted a major exercise last month that tested the transport of both strategic and tactical nuclear weapons near Europe, according to United States officials..The exercise raised concerns inside the Pentagon and with the U.S. European Command because… Read More ›
Russian arms supplies to Iraq to begin by summer – Iraqi Foreign Minister
Yelena Suponina Mar 4, 2013 16:18 Moscow Time © Photo: Yelena Suponina In an exclusive interview to the Voice of Russia, Iraq’s Foreign Minister Hoshyar Zebari talks about the upcoming meeting of the bilateral commission on cooperation as well as the… Read More ›
Britain saw worse wage drops than rest of EU – study
Published time: March 04, 2013 12:31 Britain has suffered one of its the biggest drops in median pay over the last two years, recent figures have revealed. Out of the EU’s 27 member-states, only the Netherlands,… Read More ›
Anger builds in Italy as old guard plots fresh technocrat take-over : Will risk Revolution
Italy’s president Giorgio Napolitano is exploring the creation of a second technocrat government to break the political log-jam and calm markets after key parties failed to reach an accord, risking a serious popular backlash. Comedian Beppe Grillo repeated his vow… Read More ›
Germany won’t let Bulgaria and Romania join Schengen zone
Sunday, 03 March 2013 Interior Minister Hans-Peter Friedrich has told Der Spiegel magazine that Germany would not allow Romania or Bulgaria to join the European open-border Schengen zone. Often called the Schengen zone, the area incorporates 22 EU member… Read More ›
EU economy commissioner warns over Cyprus euro exit
Cyprus’s new President Anastasiades stands next to his predecessor Christofias at the presidential palace in the capital Nicosia. AFP Sunday, Mar 03, 2013 BERLIN – European Economic Affairs Commissioner Olli Rehn has warned that debt-riven Cyprus could exit the… Read More ›
EU Budget deal struck with £16billion sweeteners
The full extent of £16billion in “sweeteners” paid to European Union member states to secure their support for last month’s decision to make a historic cut in the union’s budget can be revealed for the first time. David Cameron won… Read More ›
Moscow has more Billionaires than any other city
Saturday, 02 March 2013 The Russian capital has more billionaires than any other city in the world, according to a new survey from China. . The study by the Hurun Research Institute says there are over 4000 people who have… Read More ›
Eurozone breaks record on Jobless level
Friday, 01 March 2013 Italy’s voters gave their verdict on the austerity medicine they’ve been forced to take when they went to the polls earlier this week. By Friday, one of the reasons behind the protest was highlighted when the… Read More ›
Hundreds of thousands march against austerity in Portugal
02 Mar 2013 LISBON (AFP) Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government’s austerity measures aimed at rescuing the debt-hit eurozone nation. The rallies were organised by a… Read More ›
Italy might leave the Euro “In six months, we will no longer be able to pay pensions and the wages of public employees.”
Beppe Grillo suggests Italy might leave the Euro Post-election power broker also thinks the country will have to renegotiate on debt James Legge Saturday, 2 March 2013 Italy’s comedian-cum-power broker will have raised further eyebrows in Eurocrat circles today with… Read More ›
Sarkozy’s Gaddafi campaign scandal: Police search office of French ex-Interior Minister
Published time: March 01, 2013 00:46 Nicolas Sarkozy greets Muammar Gaddafi in the courtyard of the Elysee Palace in Paris as he arrives for a five day official visit December 10, 2007. (Reuters/Jacky Naegelen) French police searched the office… Read More ›
‘Medical stocks are down by 90 percent’: Greece accuses pharma giants of slashing imports
Published time: February 28, 2013 01:36 AFP Photo / Louisa Gouliamaki The Greek government has reportedly accused 50 leading pharmaceutical companies of cutting off supplies of key medications to the country, sparking a run on pharmacies. Drug companies say… Read More ›
Italy halts austerity plan leaving EU in turmoil
Fears that deadlock will lengthen Italy’s two-year recession and spill over into rest of the eurozone hit markets across Europe Ian Traynor in Brussels, John Hooper in Rome and Phillip Inman The Guardian, Tuesday 26 February 2013 15.38 EST Italy’s decision… Read More ›
Bulgarian protests enter third day, clash with Police
Friday, 22 February 2013 After spontaneous non-partisan mass protests across the country, Bulgarian Prime Minister Boyko Borisov’s government resigned on Wednesday, February 20. The resignation came as a surprise, as less than 24 hours earlier Borisov had declared that… Read More ›
At least six tanks leaking at US nuclear waste site
23 Feb 2013 LOS ANGELES (AFP) At least six underground tanks containing nuclear waste in the northwestern US state of Washington are leaking, but there is no imminent threat to public health, a spokeswoman said Friday. The US Energy Department… Read More ›
Eurozone business activity suffers surprise drop
21 February, 15:40 (ANSAmed) – ROME, FEBRUARY 21 – Hopes that the eurozone might be on the road to recovery suffered a setback on Thursday when the area’s purchasing managers’ index (PMI), based on surveys of business activity, suffered… Read More ›
Food labelling underestimating calorie content of some foods, scientists say ( News has become Automated !!!? )
EEV: If you follow this article through the current post in the Telegraph, Guardian, and Independent. You will find different authors and pretty much the exact same article. All in the lead headline section of each paper. For a minor… Read More ›
Calorie levels on food packaging ‘wildly misleading’ “OMG WHAT FIBER AGAIN?”
EEV: The lead story now in two lead publications, seems to have misunderstanding of fiber. This appears to be more of an experiment on hype and misinformation, then actually health or news. Calorie levels printed on food packaging are wildly misleading… Read More ›
Fat chance of slimming: dieters who eat high-fibre foods consume more calories, scientists say ” YES YOU READ IT RIGHT”
“So eating raw food is a good way to lose weight, but you need to be careful about it long-term and it would not be advisable in children,” Manufacturers’ measurements do not take into account the caloric value of… Read More ›
McCain claims ‘massive cover-up’ on Benghazi
Senior Media Reporter By Dylan Stableford, Yahoo! News | The Ticket – 1 hr 35 mins ago (NBC) While discussing the contentious confirmation hearings for defense secretary nominee Chuck Hagel, things got a bit heated on Sunday’s “Meet The Press” when Sen…. Read More ›
Tens of thousands join electricity protests across Bulgaria: “We cannot stand it anymore,”
Sun, 17 Feb 2013 17:48 GMT Reuters * Tens of thousands protest in more than 20 cities * Protesters demand re-nationalisation of power distributors * Finance minister has ruled out nationalisation By Angel Krasimirov SOFIA, Feb 17 (Reuters) – Tens… Read More ›
Ministers were alerted as long ago as 2011 that illegal horsemeat was entering the food chain
Witch-hunt at Defra over 2011 warning about horsemeat Iceland boss blames councils over ‘poor meat quality’ Oliver Wright Sunday, 17 February 2013 The Government is tonight urgently investigating allegations that ministers were alerted as long ago as 2011 that illegal… Read More ›
Foreigners arrested for trying to spread Christianity in Libya: ” We are a 100 percent Muslim country and this kind of action affects our national security”
Feb 17, 2013 01:43 Moscow Time Photo: EPA Four foreigners have been arrested in the eastern Libyan city of Benghazi on suspicion of being Christian missionaries and printing books about Christianity, a security official said on Saturday. “They were arrested on… Read More ›
Greek Unemployment: 60% of young out of work
Thursday, 14 February 2013 Tensions are running high in Greece as the country’s workers suffer from unemployment rates that are double the rest of the eurozone’s. More than 60 percent of Greece’s young workers are unemployed, according to new data.The… Read More ›
Eurozone recession deepens in fourth quarter
14 Feb 2013 BRUSSELS (AFP) The recession in the 17-nation eurozone recession deepened sharply in the fourth quarter of 2012, with the economy shrinking by 0.6 percent from output in the three months to September when it dropped 0.1 percent, official… Read More ›
Greece: 27% unemployed in Nov 2012, new record high
Up from 26.6% in October 14 February, 12:44 A woman knitting caps on a pavement in central Athens [ARCHIVE MATERIAL 20111212 ] (ANSAmed) – ATHENS, 14 FEB – Unemployment levels in Greece reached record new highs in November 2012… Read More ›
Engineering Evil 