Tag Archives: eu

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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Nigel Farage to EU parliament: populist movement will surge in 2017

Nigel Farage EU parliament populist movement 2017

Brexit architect Nigel Farage continued to warn the EU Parliament of their impending demise in an address to the Europe of Freedom and Direct Democracy (EFDD) Group in Strasbourg, France. Farage hammered the parliamentarians on their open borders policies, which can only be attributed to a disconnect with the overwhelming …

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European banks on the brink of collapse

Europe banking crisis Deutsche Bank

Top financial institutions in Europe have hardly been more vulnerable to an economic tremor, a situation worsened by the collapse of the German credit market as Berlin suddenly stopped issuing new debt. Europe’s top financial institutions are teetering on the edge of collapse as access to high quality debt products have created a liquidity …

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Czech president wants referendum on EU & NATO membership

Czech Republic President Milos Zeman NATO EU

The president of the Czech Republic, Milos Zeman, has called for a referendum on his country’s membership in the EU and NATO. Although Zeman wants to remain in both organizations, he wants the public to have a chance to “express themselves.” Support for the EU is waning in the central …

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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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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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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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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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