While Macron’s supporters were jumping for joy at the Louvre and commentators all over the world were hailing Emmanuel Macron’s victory as a triumph for liberal and centrist values, a majority of French people won’t have seen it as a cause for celebration… Read More Eight Reasons Why Emmanuel Macron May Soon Regret His Victory
Just how many banks are insolvent? Turns out, a lot… Read More Here’s Why Italy’s Banking Crisis Has Gone Off the Radar
The leaders of the lower chambers of parliament of Germany, Italy, France, and Luxembourg have called for a European “Federal Union” in an open letter published in Italian newspaper La Stampa on Sunday.… Read More EU Lawmakers Urge “Federal Union” For European States… Or Else
It’s time for international debtor rights, economist Michael Hudson tells The Real News Network… Read More IMF Lent to Greece Knowing It Could Never Pay Back Debt
Le Pen is campaigning on taking France out of the euro (after holding a referendum) and re-denominating the entire €2.4 trillion pile of French government debt into new franc. Then the government can just print the money it wants to spend… Read More What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know
More bad news for a bank that continues to drown in its own toxic soup eight years after the burst of Spain’s mind-boggling real estate bubble.… Read More UBS Warns: Spain’s “Most Italian Bank” Runs Out of Options
Cash’s days as a commonly used payment method may already be numbered. But it could take decades for it to die a natural death, if indeed it does. Cash’s enemies would much rather accelerate its demise.… Read More Power & Profit Fuel War on Cash in Europe
After the tumult of 2016, Europe could do with a year of calm. It won’t get one. … Read More 2017: Europe's Year of Rage
The ECB’s new role as “debt-buyer of first resort” raises a whole litany of concerns.… Read More Here Are the Multinationals whose Bonds the ECB is Discreetly Buying
Hailed by diplomats as a chance to “send a signal of what the EU expects” from Mr Trump, the plan fell into disarray after foreign ministers from the bloc’s two main military powers declined to attend the gathering demanded by Berlin and Brussels.… Read More Chaos Ensues As Europe Splinters in Response to Trump
A Dutch group very similar to the one which organised the referendum that blocked the EU-Ukraine association agreement has already collected over 190,000 signatures for blocking the ratification of CETA, the EU-Canada trade deal.… Read More Dutch Referendum Petition Launched to Oppose CETA Ratification
How the ECB dictatorial regime used the liquidity weapon in order to impose its terms on the Irish government.… Read More ECB’s Silent Coup in Ireland
