Search Results for: eu

Greece likely to leave Eurozone and EU

Greece EU Grexit Athens

The Greek central bank warned Wednesday that the country could crash out of the eurozone and even the European Union if it fails to reach a bailout deal with international creditors. In one of the starkest warnings so far from a Greek institution, the Bank of Greece said: “Failure to …

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Does the UK have anything to offer Scotland besides threats?

Independence Scotland

Scottish voters finally have the opportunity to fulfill William Wallace’s dream of a Scotland that is free and independent of England forever. All they have to do is vote yes next week. Without a doubt, a divorce from the British would be quite messy, and life would probably be more …

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Brexit is just the beginning

Brexit EU

From Filip Karinja, for Birch Gold Group Last week, global equity markets were shook up, when $2 trillion was wiped out in a single trading day. That’s bigger than any daily loss during the 2008 global financial crisis, or on the infamous Black Monday stock market crash of 1987. The cause? A surprise …

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EU officials panic as Greece votes ‘NO’

Greece Greek referendum no oxi EU europe

From Filip Karinja, for Birch Gold Group The Greek referendum results are in, and the nation’s people have resoundingly rejected forced austerity. Over 60% voted ‘NO’ to the IMF bailout, with less than 40% voting ‘YES’. This landslide victory sends a clear message to the European Union that the people of Greece are …

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25 EU banks fail stress test

European banks

Nearly one in five leading European banks have failed the stress test conducted by the European Central Bank, which revealed a $31.2 billion (€24.6 billion) capital gap in 25 banks showing they’re not ready to withstand a three-year recession. The results of the EU-wide stress test were reported on Sunday …

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Bank run fears in Bulgaria

Dozens of depositors have withdrawn savings from Bulgaria’s third biggest bank despite assurances from the government and the European Union that their money was safe after a similar run shut down another major lender last week. Bulgarian authorities have arrested four people suspected of trying to destabilise the banking system in a concerted …

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German Pirate Party flies drone during Merkel speech

Merkel drone Germany

German Chancellor Angela Merkel (2nd,L) and Defence Minister Thomas de Maiziere (2nd,R) watch a quadcopter (drone) crashing onto the stage during an election campaign event of her German Christian Democratic Union (CDU) party in Dresden, eastern Germany on September 15, 2013 A petite drone that crash-landed right in front of …

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EU planning to own and operate spy drones and an air force

Drones

The European Union is pondering an EU Commission proposal to acquire a fleet of surveillance drones, satellites, and planes as part of an “ambitious action” to boost the European defense industry. It follows revelations of the NSA’s spying programs. The European Commission has issued a 17-page report, proposing some concrete steps …

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Anti-Euro party may block Germany’s Merkel from victory

Alternative for Deutschland

The biggest threat to German chancellor Angela Merkel’s winning next Sunday’s elections may be a new anti-Euro party called Alternative For Deutschland. The latest INSA poll for the Bild newspaper chain shows the new party hitting the 5 percent percent threshold it needs to enter Germany’s parliament. Merkel’s coalition partner, …

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Iceland drops bid to join EU

Iceland

Iceland has dropped its bid to join the European Union, the Foreign Ministry in Reykjavik says. The announcement follows pledges made by the country’s euro-skeptic government since winning the 2013 election. Gunnar Bragi Sveinsson, the Icelandic foreign minister, said in a statement that he had informed Latvia, the current EU …

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Google receives $2.7 billion EU fine over manipulating search results

Google EU fine search engine manipulation

The European Union’s antitrust regulator on Tuesday fined Alphabet Inc.’s Google a record €2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results and ordered the search giant to apply the same methods to rivals as its own when displaying their services. The decision, if it is upheld, …

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How Greece was robbed by the bankers

Greece flag thinking Aristotle

Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right? Except …

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US spent $5 billion to destabilize Ukraine

Kiev burning

The protests in the western Ukraine are organized by the CIA, the US State Department, and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn the decision by the independent government of Ukraine not …

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EU Launches Antitrust Investigations of Top Ecommerce Companies

Ecommerce cart store

Ecommerce is rapidly overtaking traditional stores as the platform of choice for our everyday transactions. Yet as ecommerce becomes bigger business year on year, the potential for major players to sail close to the wind when it comes to protecting their slice of the pie rises with it. The growth …

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EU has ‘blood on its hands’ over Ukraine – UKIP leader

Nigel Farage

UK Independence Party (UKIP) leader Nigel Farage speaks during a debate over Britain’s future in the European Union with British Deputy Prime Minister Nick Clegg in London on March 26, 2014. The EU has blood on its hands after meddling in the Ukrainian crisis, once again revealing its imperial ambitions, …

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ACTA rejected by EU Parliament committees in crucial vote

The European Parliament has opposed the controversial ACTA treaty, after three of its influential committees said the trade agreement should be rejected. The Legal Affairs Committee (JURI), the Committee for Industry, Research and Energy (ITRE) and the Committee for Civil Liberties, Justice and Home Affairs (LIBE) all voted against implementing …

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Great news: Monsanto abandons plans for GMOs in Europe

GMO-protest-in-France

The world’s largest seed corporation says it has dropped its bid to get more genetically modified crops onto the European market due to the wide-spread popular opposition. The biotech giant says it will expand its share of the natural seed market instead. “We will no longer be pursuing approvals for …

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UKIP surges in England’s by-election on anti-EU ticket

UKIP

In the biggest surge by a fourth party in England since WWII, the UK Independence Party has won nearly a quarter of the vote in local elections where it stood. Cameron, who previously dubbed the UKIP ‘fruitcakes’, has now been forced to backtrack. UKIP has so far won 140 council …

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