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Keyword: nato

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  • China State Official Hints Beijing May Bailout Greece

    07/03/2015 6:57:07 AM PDT · by SeekAndFind · 14 replies
    Zero Hedge ^ | 07/03/2015 | Tyler Durden
    On Monday, after Greek PM Alexis Tsipras’ dramatic referendum call sparked a run on Greek ATMs, grocery stores, and gas stations, we did our part to help ameliorate the situation by sending a subtle message to Athens: Dear Greece, if you want to apply for a loan from the Asian Infrastructure Investment Bank, send an email to: information@aiibank.org— zerohedge (@zerohedge) June 28, 2015 Indeed, now may be an opportune time to tap Beijing for a few billion given that China officially launched the AIIB this week. As a reminder, the success of China’s AIIB membership drive was a political disaster...
  • Greek banks down to €500m in cash reserves as economy crashes

    07/03/2015 8:35:26 AM PDT · by C19fan · 12 replies
    UK Telegraph ^ | July 2, 2015 | Ambrose Evans-Pritchard
    Greece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate by the hour and swathes of industry start to shut down, precipitating the near disintegration of the ruling coalition. Business leaders have been locked in talks with the Bank of Greece, pleading for the immediate release of emergency liquidity funds (ELA) to cover food imports and pharmaceutical goods before the tourist sector hits a brick wall.
  • [May 26, 2015] Obama-Netanyahu feud a problem for Hillary and Dems

    07/03/2015 8:39:50 AM PDT · by SunkenCiv · 4 replies
    New York Post ^ | May 26, 2015 | Fredric U. Dicker
    A top GOP strategist and pollster for newly re-elected Israeli Prime Minister Benjamin Netanyahu is warning that New York Democrats, including Hillary Clinton, "will pay a heavy price" at the polls next year if they don't break with President Obama's policies on Israel and reject any deal he makes with Iran. "Hillary Clinton, [Sen.] Chuck Schumer, [Reps.] Nita Lowey, Steve Israel, Jerry Nadler, Eliot Engel and others are about to get a whole new wave of pressure from Republicans on whether they agree or not with Obama on Israel," New York-based national GOP pollster and strategist John McLaughlin told The Post....
  • Left-wing mayor of Madrid plans to rename Plaza currently dedicated to Margaret Thatcher [...]

    07/03/2015 3:49:01 AM PDT · by Moltke · 12 replies
    UK Daily Mail ^ | 3 July 2015 | Chris Pleasance
    FULL TITLE: Left-wing mayor of Madrid plans to rename Plaza currently dedicated to Margaret Thatcher after Socialist gay rights activist Spain's Left-wing Mayor has said she is planning to rename a Plaza currently dedicated to Margaret Thatcher after a former Socialist Party leader and gay rights activist. Manuela Carmena, who took over from Madrid's former conservative mayor in May, said Thatcher's name was inappropriate because she was 'the Iron Lady who enslaved the workers'. Her announcement comes just ten months after Mark Thatcher was invited to the Spanish capital to name the plaza after his mother and the former British...
  • A video: African Ukrainian in ATO zone tells why he’s fighting against Russa

    07/03/2015 7:33:27 AM PDT · by Astralike · 1 replies
    Joinfo.com ^ | 3/07/2015 | Joinfo.com
    Aleksander Kravtsevich is a black volunteer soldier, who went to defend Ukraine in the ATO zone. Even the most ardent propagandists has not dreamed of it.
  • Greek Prime Minister Alexis Tsipras learning EU’s No. 1 rule: Don’t mess with Angela Merkel

    07/03/2015 6:12:43 AM PDT · by canuck_conservative · 9 replies
    Financial Post [Canada] / Bloomberg ^ | Friday, July 3, 2015 | Matthew Campbell
    ... The German chancellor’s disapproval helped end the political careers of former Italian prime minister Silvio Berlusconi and Greek leader George Papandreou. After burning through whatever goodwill he had with Merkel’s lawmakers and the German public, the current Greek premier could be next.... “We are watching the end of the political career of Alexis Tsipras,” Jacob Kirkegaard, a senior fellow at Peterson Institute in Washington, said in a Bloomberg Radio interview. “Mr. Tsipras can continue his career on T-shirts for students, replacing Che Guevara.”... Refusing to play ball with Germany didn’t turn out well for Berlusconi, whose premiership had survived...
  • Greenfield: Social Justice is the Root of All Debt

    07/03/2015 3:46:50 AM PDT · by Louis Foxwell · 21 replies
    FrontPage ^ | July 3, 2015 | Daniel Greenfield
    Social Justice is the Root of All Debt It’s the fault of everyone who gave the left money and wanted it back. July 3, 2015 Daniel Greenfield Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. Banks are the root of all evil. When a member of a traditionally oppressed group wants a house or a car he can’t afford, financial institutions are expected to lend him the money. If they don’t, they’re engaging in discrimination. Then when he can’t pay, it’s the fault of the evil banks for having...
  • Grexit Vodka: Greece's Debt Inspires New Cocktail

    07/02/2015 10:37:04 PM PDT · by nickcarraway · 3 replies
    Newsweek ^ | 6/30/15 | Polly Mosendz
    If you'd like to get drunk and be reminded of the Greek economic crisis all at once, Uwe Dahlhoff has just the product for you: Grexit vodka. The German entrepeneur trademarked the word "Grexit" last week and set about creating different drinks to go along with it. The vodka is lemon flavored, an ode to the saying "When life gives you lemons, make lemonade."
  • Greek debt crisis: Major rallies due ahead of vote

    07/02/2015 9:55:37 PM PDT · by BenLurkin · 7 replies
    BBC ^ | 46 minutes ago
    Divisions in Greece have sharpened ahead of the vote. One poll cited by euro2day.gr said 47% of people were leaning toward a "Yes" vote, with the "No" camp at 43%. A previous poll suggested the "No" camp had a shrinking lead. Mr Tsipras has said that a strong "No" vote will help lead to a "better agreement" with creditors. "Our efforts are focused on overcoming the crisis as fast as possible, with a solution that preserves the dignity and sovereignty of our people,'' he said. But EU leaders have warned that a "No" vote on Sunday may see Greece leave...
  • The Greeks Invented Mathematics, and Now It’s Bankrupting Them

    07/02/2015 7:39:59 AM PDT · by SeekAndFind · 23 replies
    National Review ^ | 07/02/2015 | Kevin Williamson
    In the short term, the world runs on words; in the long term, the world runs on numbers. It is as though the Muses came to an agreement: In the here and now, mankind is subject to rhetoric, but mathematics gets the final say. In Athens, in San Juan, in Detroit, in Sacramento, in Springfield, and, soon enough, in Washington, Mathematics is arousing herself from her torpor, and she is cranky as hell. The long term is here. Greece has defaulted on its sovereign debt, and its banks have been shut down. Television viewers accustomed to watching a few odd...
  • Dollar firms before payrolls, Greece unease simmers

    07/02/2015 3:22:23 AM PDT · by expat_panama · 10 replies
    Yahoo Finance ^ | Jul 2, 2015 | Marc Jones
    LONDON (Reuters) - The dollar was near a three-week high on Thursday and world stock markets had a delicate feel, as the implication of U.S. jobs data later for a possible Fed rate hike added to Europe's uncertainty over Greece. Chinese shares also remained in focus as they suffered another heavy tumble overnight to take their loses over the last six weeks to 25 percent, countering otherwise solid performances in the rest of Asia's main centres.Europe's main bourses in London, Frankfurt and Paris and Milan opened largely flat having rallied on Wednesday but the mood remained skittish after hopes of...
  • Honeymoon is over for Greek couple who went penniless in NYC

    07/02/2015 8:45:33 PM PDT · by Kartographer · 9 replies
    AP via Yahoo News ^ | 7/2/15 | VERENA DOBNIK
    Newlyweds Valasia Limnioti and Konstantinos Patronis' long-planned "dream trip" to America ended in New York City, where their three-week honeymoon quickly turned into a nightmare: Their Greek-issued credit and debit cards were suddenly declined and they were left penniless. "We were hungry, and I cried for two days," Limnioti said. "I felt homeless in New York." The couple skipped a few meals before spending their last dollars on dinner at McDonald's. Strangers from two Greek Orthodox churches in the city's Queens borough came to the rescue, giving them survival cash until their flight home to Greece on Friday. Their financial...
  • Greek banks down to €500m in cash reserves as economy crashes

    07/02/2015 7:18:44 PM PDT · by familyop · 31 replies
    The Telegraph ^ | 02 Jul 2015 | Ambrose Evans-Pritchard
    The party's hardline chief and defence minister, Panos Kammenos, dismissed them contemptuously. "We are at war and there will be no backing down. Whoever does not have the stomach for war, be gone," he said... Mr Varoufakis vowed to resign if the Greek people voted yes. "I prefer to cut off my own arm rather than sign an agreement without debt restructuring," he told Bloomberg TV. He said there is not a "smidgeon of an iota of possibility" that the terms on offer can lift the Greek economy out of a deflationary tailspin, insisting that the talks broke down because...
  • Over 260,000 Austrians sign petition on EU exit

    07/02/2015 7:18:55 PM PDT · by aMorePerfectUnion · 14 replies
    PressTV ^ | 7-2-15
    More than 260,000 people in Austria have signed a petition urging the Austrian government to leave the European Union (EU). According to reports on Thursday, as many as 261,159 Austrians signed the petition. The number in total represents 4.12 percent of the country's electorate. Since under the country's regulations the threshold for calling a debate on a potential referendum is 100,000 people, the Austrian parliament must discuss a referendum on leaving the EU. The call for leaving the EU was most popular in the regions of Lower Austria and in Carinthia where 5.18 percent and 4.85 percent of potential voters,...
  • Merkel summons US envoy over spy claims

    07/02/2015 7:07:32 PM PDT · by Olog-hai · 3 replies
    TheLocal.de ^ | 02 Jul 2015 16:20 GMT+02:00 | (AFP)
    Chancellor Angela Merkel’s office Thursday asked the US ambassador to discuss new allegations about NSA spying, a German government source said. “We confirm that US ambassador [John] Emerson was invited to the chancellery to talk,” the German government source told AFP, after the Frankfurter Allgemeine daily said Merkel’s chief of staff Peter Altmaier had asked for the meeting. On Wednesday Süddeutsche Zeitung reported that new documents released by WikiLeaks show that the United States did not just tap German Chancellor Angela Merkel’s phone but also eavesdropped on several ministers. …
  • Analysis: Egypt is Losing Its War Against ISIS in Sinai

    07/02/2015 11:13:43 AM PDT · by lbryce · 16 replies
    Jerusalem Post ^ | July 2, 2015 | YOSSI MELMAN
    Wednesday's terror attack was the largest ever carried out by the Sinai Province, Islamic State's Egyptian affiliate, since it began its fight against the government in Cairo some four years ago. It also marked the most painful blow suffered by the Egyptian military in its war on extremist Islamist terror, which it is bent on eradicating. It was a well-planned attack, carried out by dozens of ISIS operatives in northern Sinai, and the explosions and weapons fire were heard loud and clear in Israel. Amid concerns that ISIS may try to spread their attacks in the direction of Israel -...
  • US blocks attempts by Arab allies to fly heavy weapons directly to Kurds to fight Islamic State

    07/01/2015 3:31:59 PM PDT · by Fractal Trader · 42 replies
    Telegraph ^ | 1 Juy 2015 | Con Coughlin
    The United States has blocked attempts by its Middle East allies to fly heavy weapons directly to the Kurds fighting Islamic State jihadists in Iraq, The Telegraph has learnt. Some of America’s closest allies say President Barack Obama and other Western leaders, including David Cameron, are failing to show strategic leadership over the world’s gravest security crisis for decades. They now say they are willing to “go it alone” in supplying heavy weapons to the Kurds, even if means defying the Iraqi authorities and their American backers, who demand all weapons be channelled through Baghdad. High level officials from Gulf...
  • How World War III became possible

    07/01/2015 3:07:23 PM PDT · by Navy Patriot · 68 replies
    Vox (Vox.com) ^ | June 29, 2015 | Max Fisher
    It was in August 2014 that the real danger began, and that we heard the first warnings of war. That month, unmarked Russian troops covertly invaded eastern Ukraine, where the separatist conflict had grown out of its control. The Russian air force began harassing the neighboring Baltic states of Estonia, Latvia, and Lithuania, which are members of NATO. The US pledged that it would uphold its commitment to defend those countries as if they were American soil, and later staged military exercises a few hundred yards from Russia's border.Both sides came to believe that the other had more drastic intentions....
  • Athens On The Potomac - It Could Never Happen Here, Right?

    07/01/2015 2:58:16 PM PDT · by freddy005 · 6 replies
    With all the chaos unravelling in Greece, Congress would be wise to do what it takes to avoid reaching Greek debt levels. But it’s not a matter of sticking to the status quo and avoiding bad decisions that would put the budget on a Greek-like path, because the budget is on that path already. A quarter-century ago, Greek debt levels were roughly 75 percent of Greece’s economy — about equal to what the U.S. has now. As of 2014, Greek debt levels are about 177 percent of national GDP. Now, the country is considering defaulting on its loans and uncertainty...
  • How will the National Socialist Left’s excuse the failure of socialism in Greece?

    07/01/2015 2:37:24 PM PDT · by Voice of Reason1 · 37 replies
    It’s axiomatic that when a socialist regime hits the skids, the left will generally try to claim that such regime is ‘right wing’ somehow. Such claims can and will be completely irrational on their face, but for the national socialist Left it’s all about talking points and a simplistic ( but ‘superior’) mentality that favors headlines and shallow thought on the subject And before you complain that I dare use the word ‘national’ next to the word ‘socialist’ I would ask that you please explain in detail (with documentation) Just how in Hades’ the word national modifies the meaning of...
  • EU launches Internet Referral Unit to combat online extremism [twitter war!!!]

    07/01/2015 1:16:35 PM PDT · by markomalley · 3 replies
    Computer Weekly ^ | 7/1/15 | Warwick Ashford
    Europol has officially launched the European Union Internet Referral Unit (EU IRU) to combat terrorist propaganda and related violent extremist activities on the internet. The move is in response to the increase in terrorists' use of the internet and social media. According to Europol, Jihadist groups, in particular, have demonstrated a sophisticated understanding of how social networks operate. They have launched well-organised, concerted social media campaigns to recruit followers and to promote or glorify acts of terrorism or violent extremism. To tackle this phenomenon, EU member states have agreed a co-ordinated European prevention approach, which includes establishing the EU IRU...
  • How German media shaped the Greece crisis

    07/01/2015 10:05:33 AM PDT · by Olog-hai · 16 replies
    TheLocal.de ^ | 01 Jul 2015 12:50 GMT+02:00 | Tom Barfield
    “No more billions for the greedy Greeks” or “Merkel shoots down new proposals from Athens”: these are just a couple of the bold headlines Germans have digested with their morning coffee in recent months. In a country still massively reliant on traditional forms of media—newspapers, and above all television—for its news, these headlines matter. […] Political discussion on TV is dominated by talk shows such as Anne Will, Günther Jauch and Hart aber Fair (Hard but Fair), where although people outside the mainstream may be invited, “counter-opinions are generally squashed or have little chance of piercing through,” Mühl-Benninghaus pointed out....
  • U.S. debt headed toward Greek levels [Psalms 9:17]

    07/01/2015 9:11:48 AM PDT · by Jan_Sobieski · 10 replies
    Washington Examiner ^ | 6/30/2015 | Jason Russell
    United States' projected debt over the next 25 years looks a lot like Greece's over the past 25. With all the chaos unravelling in Greece, Congress would be wise to do what it takes to avoid reaching Greek debt levels. But it's not a matter of sticking to the status quo and avoiding bad decisions that would put the budget on a Greek-like path, because the budget is on that path already. A quarter-century ago, Greek debt levels were roughly 75 percent of Greece's economy — about equal to what the U.S. has now. As of 2014, Greek debt...
  • Russia to review 1991 decision to recognise independence of Baltic states

    07/01/2015 7:45:57 AM PDT · by annalex · 64 replies
    Ukraine Today ^ | JUN. 30, 2015
    Russia to review 1991 decision to recognise independence of Baltic states Estonia, Latvia and Lithunia were occupied by the Soviet Union for decades Russia is examining the legality of the decision to recognise the independence of the Baltic republics in 1991 by the State Council of the USSR - according to Russia's state news service Interfax. The decision to review recognition of the independence of EU-member Baltic nations follows the Russian Prosecutor General's Office ruling last year that Crimea was illegally handed to Ukraine in 1954; and is certain to alarm the small Baltic NATO-member nations of Lithuania, Latvia and...
  • Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt

    07/01/2015 7:45:42 AM PDT · by SeekAndFind · 8 replies
    Der Spiegel ^ | 02/08/2010 | By Beat Balzli
    Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit. Greeks aren't very welcome in the Rue Alphones Weicker in Luxembourg. It's home to Eurostat, the European Union's statistical office. The number crunchers there are deeply annoyed with Athens. Investigative reports state that important data "cannot be confirmed" or has been requested but "not received." Creative accounting took priority when it came to totting...
  • Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis

    07/01/2015 7:36:28 AM PDT · by Enlightened1 · 43 replies
    End of the Amercian Dream ^ | 06/30/15 | Michael Snyder
    Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece. On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved“. And apparently Obama is not too concerned about the debt crisis in Puerto Rico either. In fact, the Obama administration has already completely ruled out any sort of federal bailout for the island. Barack Obama is assuring us that everything is going to be just fine and that we are not headed for another global financial crisis....
  • A Spanish investigation into the Russian mafia 'could change the narrative of Putin in the West'

    07/01/2015 4:26:25 AM PDT · by elhombrelibre · 21 replies
    BUSINESS INSIDER ^ | 30 Jun 15 | Natasha Bertrand
    (Reuters) Vladimir Putin with Jose Maria Aznar, then Spain's prime minister, at Moncloa Palace on June 13, 2000. One of Russia's largest organized-crime syndicates allegedly operated out of Spain for more than a decade with the help of close allies of President Vladimir Putin, then the deputy mayor of St. Petersburg, Bloomberg reports. Prosecutors in Madrid have filed a 488-page petition to charge 27 people with money laundering and fraud in connection to the St. Petersburg-based Tambov crime syndicate's setting up shop in Spain in 1996. Vladislav Reznik, now the deputy head of the finance committee in Russia's lower house...
  • French beheading suspect acted on Islamic State orders, says prosecutor

    06/30/2015 3:41:01 PM PDT · by markomalley · 5 replies
    The Telegraph ^ | 6/30/15 | Rory Mulholland
    The French man who beheaded his boss and tried to blow up a chemical plant had a "terrorist motive" and links to Islamic State of Iraq and the Levant (Isil) in Syria, despite his claim that he carried out his grisly act for purely personal reasons, a prosecutor said. "This corresponds very precisely to the orders of Daesh [Isil] which calls regularly for acts of terrorism on French soil and in particular to cut the throats of unbelievers,” said Paris chief prosecutor Francois Molins. "The decapitation recalls the habitual modus operandi of this terrorist organisation," he told reporters.
  • Steve Forbes Pens Open Letter to Greek Leaders; Greece Can Teach The World A Needed Lesson

    07/01/2015 6:29:09 AM PDT · by SeekAndFind · 14 replies
    The Pappas Post ^ | 03/05/2015 | BY GREGORY PAPPAS
    Former US Presidential candidate and publisher of Forbes Magazine, Steve Forbes, used the platform of his magazine to pen an open letter to the prime minister and finance minister of Greece, Alexis Tsipras and Yanis Varoufakis. The full text of his letter appears below. ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Dear Prime Minister Tsipras and Finance Minister Varoufakis: You may have won a four-month reprieve of sorts from your creditors, but your situation is desperate, and everyone knows it, most particularly Europe’s paymasters, the Germans. As you just painfully learned, your ability to blackmail your creditors is a fraction of what it once was. Businesses,...
  • Global support for ISIS includes up to 42M Muslims, group claims

    07/01/2015 6:21:31 AM PDT · by SeekAndFind · 9 replies
    Fox News ^ | 07/01/2015 | By Brooke Singman
    Global support for ISIS may be much bigger than previously known, according to a new report that found as many as 42 million Muslims around the world have positive feelings about the black-clad army of barbarians that established a so-called caliphate in Syria and Iraq last year. The report from the New York-based research institute Clarion Project crunched numbers from four recent polls surveying Arab public opinion toward ISIS. Clarion found the terror group's supporters are 8.5 million strong, but more than 42 million of the world's estimated 1.5 billion Muslims feel at least somewhat positively about the terror group....
  • It's Official: Greece defaults on IMF payment

    06/30/2015 7:24:07 PM PDT · by SeekAndFind · 55 replies
    The Star ^ | 06/30/2015 | Tanya Talaga
    Greece joins Somalia, Sudan and Zimbabwe on the latest to be in debt to the International Monetary Fund. As Athenians rallied underneath thunderclouds to show their support for keeping Greece in the eurozone of single currency nations, their broke government defaulted on a $2.2-billion payment to the International Monetary Fund. At midnight on Tuesday, Greece joined Sudan, Somalia and Zimbabwe as countries in arrears to the IMF. Also at midnight, the bailout assistance package that began in February 2012 formally expired, leaving Greece without access to any emergency finances. In Washington, the IMF acknowledged that Greece had failed to meet...
  • Despite Financial Woes, Greece’s Business Climate Has Improved

    06/30/2015 11:12:16 AM PDT · by Citizen Zed · 12 replies
    St Louis Fed ^ | 6-29-2015 | Ana Maria Santacreu
    Decisions made regarding Greece over the next few weeks will determine whether Greece will enter what Mario Draghi has called an “unchartered territory.” While Greece’s finances continue to receive considerable attention, the country has made several attempts at reform to varying degrees of success. One area in which Greece has made significant progress is improving its business climate. Since 2010, Greece’s reforms have included: - Reducing its government deficit by reducing its public sector (via laying off public employees and cutting government spending) and increasing taxes - Reforming the labor market - Reducing wages to make the country more competitive...
  • Two Uber bosses 'held by police' in France

    06/29/2015 9:26:52 PM PDT · by SunkenCiv · 24 replies
    The Local ^ | June 29, 2015 | Oliver Gee
    The two leaders of Uber in France were taken into custody Monday as part of a probe into their ride-booking app which has sparked violent protests from regular taxi drivers, AFP claimed, citing various sources. The pair are believed to be Thibault Simphal,the director general of Uber France and Pierre-Dimitri Gore-Coty, the directorgeneral of Uber Europe... An investigation was opened in 2014 into the application used to put paying clients in contact with cheaper, private drivers who do not face the same regulations as cabbies. The probe is focused on whether UberApp equates to "illegal organisation" of a system that...
  • Greece threatens top court action to block Grexit

    06/29/2015 6:34:55 PM PDT · by familyop · 18 replies
    The Telegraph ^ | 29 Jun 2015 | Ambrose Evans-Pritchard
    Greece has threatened to seek a court injunction against the EU institutions, both to block the country's expulsion from the euro and to halt asphyxiation of the banking system. “The Greek government will make use of all our legal rights,” said the finance minister, Yanis Varoufakis. “We are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable,“ he told the Telegraph.
  • Leftist politics have doomed Greece to collapse

    06/29/2015 4:11:46 PM PDT · by Textide · 9 replies
    The Telegraph ^ | 29-June-2015 | Allister Heath
    It is always those in the middle -- and especially what Marxist intellectuals call the petit bourgeois, the aspiring, hard-working workers and savers -- who are hurt the hardest It was Adam Smith who put it best. “There is a great deal of ruin in a nation”, he wrote in reply to an over-excited young man who thought that Great Britain was facing devastation after a setback during the US war of independence. Smith was right about the specifics as well as the general point, of course: America was thankfully soon to win its independence, and both Britain and the...
  • Opinion: Europe’s war on Greek democracy

    06/29/2015 3:05:24 PM PDT · by Hojczyk · 15 replies
    Market Watch ^ | June 29,2015 | Joseph E. Stiglitz
    In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics. Of course, the economics behind the program that the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25% decline in the country’s gross domestic product. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece’s rate of youth unemployment, for...
  • Cameron tells BBC to stop calling barbaric terror group Islamic State because name is offensive

    06/29/2015 2:51:10 PM PDT · by rickmichaels · 35 replies
    Daily Mail ^ | June 29, 2015 | Matt Chorley
    David Cameron today called on the BBC not to use the phrase 'Islamic State' when referring to the terror group operating in Iraq and Syria. The Prime Minister - who calls the group 'ISIL' - said Muslims would 'recoil' at the phrase being used to justify the 'perversion of a great religion'. He insisted that the battle against extremists targeting Britons around the world can be won but will require 'extraordinary resolve and patience'. Gunman Seifeddine Rezgui targeted tourists at the Tunisian beach resort of El Kantaoui near Sousse on Friday morning, killing 38 people including up to 30 British...
  • Upto 5000 jihadists could come to Europe says Nigel Farage

    06/29/2015 1:35:07 PM PDT · by Lorianne · 8 replies
    You Tube ^ | 28 June 2015 | Interview of Nigel Farage
    Video 7:39
  • Bailouts, Bail-ins, and the Greeks’ Trojan Horse

    06/29/2015 12:59:47 PM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 06/29/15 | Dr. Ileana Johnson Paugh
    The Greek market may be shocked and defaults of various debt instruments may emerge. While Americans are eagerly signing petitions to ban the American flag on the heels of Louis Farrakhan’s Nation of Islam leader call to ban the Stars and Stripes “due to its links to racism” or are busily banning anything attached in any way to the Confederate flag and our history, the United States and the world are in serious financial trouble driven by out-of-control debt, particularly the most visible nation of all, Greece. Healthcare for illegals, gay marriage, and other non-stop crises occupy American overwhelmed minds,...
  • Hillary withheld emails on Benghazi & Libyan oil - altered others to downplay sharia

    06/29/2015 12:07:55 PM PDT · by Sean_Anthony · 19 replies
    Canada Free Press ^ | 06/29/15 | Robert Laurie
    If the White House is disgusted with anything, it's that she got caught According to a report published this weekend, not only did Hillary lie about the YouTube video but she also lied when she said she turned over all of her non-personal emails. ....And at least a few of the emails that she did manage to turn over were sanitized to downplay some politically uncomfortable realities. As the Washington Examiner reports: Hillary Clinton withheld Benghazi-related emails from the State Department that detailed her knowledge of the scramble for oil contracts in Libya and the shortcomings of the NATO-led military...
  • UN Makes Huge Move to ARREST Benjamin Netanyahu

    06/28/2015 4:39:23 PM PDT · by Impala64ssa · 31 replies
    A report released by the U.N. Human Rights Council in Geneva on Tuesday called for alleged Israeli war criminals like Israeli Prime Minister Benjamin Netanyahu to be arrested and tried for having led attacks against Palestinian civilians. Orders for the report to be prepared were initially given on July 23, 2014, just 16 days into the 2014 Israel-Gaza conflict that started when Hamas began firing rockets into Israel. It also named as its start date June 13 — the day after Palestinian thugs kidnapped and murdered three Israeli teenagers. Furthermore, creation of the report was directed by Mary McGowan Davis,...
  • PM: Israeli Aid to Gaza 500,000 Times More Than Flotilla Aid

    06/28/2015 6:53:09 PM PDT · by Olog-hai · 5 replies
    INN ^ | 6/28/2015, 10:32 PM | Yaakov Levi
    After MK Basal Ghattas (Joint Arab List) sent Prime Minister Binyamin Netanyahu several letters protesting the IDF’s intention to prevent the Freedom Flotilla III, the Prime Minister is sending back letters to members of the flotilla. In his letter, Netanyahu says to flotilla members that they apparently “got lost.” “Welcome to Israel, but if it’s freedom you have in mind, maybe you meant to sail to another destination not far from here—Syria. There, the government is murdering and slaughtering its citizens daily, with the support of Iran,” the letter says. The letter lists the large amount of medical and other...
  • Israel: Flotilla Took Wrong Turn – Syria, ISIS Murdering Thousands

    06/28/2015 6:33:12 PM PDT · by IsraelBeach · 4 replies
    Israel News Agency ^ | June 28, 2015 | Joel Leyden
    By Joel Leyden Israel News AgencyJerusalem, Israel — June 28, 2015 … In response to a PR stunt using a flotilla of boats to illegally enter Gaza, paid activists supporting Hamas in Gaza will be welcomed to Israel with a letter from the Prime Minister’s Office. The letter will be given to 50 people on the boats as they are legally detained in Israeli waters and escorted to Ashdod. The letter, which will be distributed with food and drinks, reads: “Welcome to Israel! Perhaps you meant to set sail for a place not far from here – Syria.” “There the...
  • The UN’s Failure to Live up to Its Charter’s Ideals

    06/29/2015 5:23:29 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 06/29/15 | Joseph A. Klein
    UN has lost its way, as so vividly illustrated by the moral equivalence, if not worse, it applies to the Israeli-Palestinian conflict and the massacres in Syria The United Nations celebrated the 70th anniversary of the signing of the UN Charter on June 26th. UN Secretary General Ban Ki-moon called the UN Charter “an expression of hope.” Commemorating the signing of the UN Charter at its birthplace in San Francisco, the Secretary General added that the Charter “symbolizes the hope and aspirations that we can bring the world as it is a little closer to the world as it should...
  • Israeli Embassy Complains over French Funds to Flotilla NGO

    06/29/2015 12:40:19 AM PDT · by Eleutheria5 · 4 replies
    Arutz Sheva ^ | 29/6/15 | Ari Soffer
    Israel's embassy in France has formally complained to the French government, following an Arutz Sheva report which revealed Paris is funding at least one of the extremist organizations involved in coordinating the anti-Israel "Freedom Flotilla III" to Gaza. The flotilla is attempting to breach the IDF's blockade of the Hamas-ruled territory, which the 70-odd anti-Israel activists taking part claim is "illegal." In 2011, however, the UN's Palmer Report ruled that the blockade was in fact an entirely legal means for Israel to prevent weapons and rocket-making equipment from being smuggled into Gaza. Last week Arutz Sheva revealed that among the...
  • Srebrenica divided as ever as Serbs put up anti-EU posters

    06/28/2015 4:57:12 PM PDT · by Olog-hai · 2 replies
    Associated Press ^ | Jun 28, 2015 11:51 AM EDT | Aida Cerkez
    Less than two weeks before the Srebrenica massacre’s 20th anniversary, Muslims and Eastern Orthodox Serbs in the Bosnian town are as divided as ever. Serbs put up anti-European Union posters on Sunday with Russian President Vladimir Putin’s portrait on them and the words “Eastern alternative” and “Republika Srpska,” or “Serb Republic.” Most of them were plastered on the bullet-riddled walls of a warehouse in the nearby village of Kravica, where Serb forces executed Muslim Bosnians during the 1995 genocide.Bosnia’s Muslims want the country to join the EU, while Serbs would like their half—called Republika Srpska—to secede and stay close to...
  • Ballot Language of Greek Plebiscite on EU "Deal"

    06/28/2015 1:12:17 PM PDT · by catnipman · 8 replies
    Various ^ | 6/28/2015 | self
    Obtained from various sources: Greece’s referendum question will apparently read as follows: “Greek people are hereby asked to decide whether they accept a draft agreement document submitted by the European Commission, the European Central Bank and the International Monetary Fund, at the Eurogroup meeting held on on June 25 and which consists of two documents: ‘‘The first document is called Reforms for the Completion of the Current Program and Beyond and the second document is called Preliminary Debt Sustainability Analysis. ‘‘- Those citizens who reject the institutions’ proposal vote Not Approved / NO ‘‘- Those citizens who accept the institutions’...
  • Istanbul police use teargas to break up Gay Pride parade

    06/28/2015 1:11:33 PM PDT · by PROCON · 42 replies
    AFP ^ | June 28, 2015 | AFP
    Istanbul (AFP) - Riot police in Istanbul used teargas and fired rubber pellets to disperse thousands of participants in the city's Gay Pride march after some began chanting slogans against the president, an AFP reporter said. The scene turned violent when participants -- many brandishing rainbow flags -- denounced "the fascism" of the conservative President Recep Tayyip Erdogan. Police then began to forcefully break up the crowd, with some officers firing rubber pellets into the crowd.
  • Across spectrum, German leaders condemn Greece's rejection of EU deal

    06/28/2015 12:16:36 PM PDT · by Berlin_Freeper · 46 replies
    reuters.com ^ | Jun 29, 2015 | reuters
    German leaders right and left unleashed a barrage of criticism at Greece Prime Minister Alexis Tsipras on Sunday for rejecting an offer that could have unlocked rescue funds to resolve the debt crisis. Chancellor Angela Merkel's allies and the leaders of her centre-left coalition partners condemned Greece's leftist government, reflecting pent-up public frustration. Germany is the biggest European contributor to the bailout programmes that have kept Greece afloat for the past five years. Opinion polls now show a majority of Germans want Greece to leave the euro zone.
  • Greek banks 'to stay shut on Monday'

    06/28/2015 10:10:25 AM PDT · by tcrlaf · 144 replies
    BBC News ^ | 6-28-2015 | BBC News
    Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens This breaking news story is being updated and more details will be published shortly