New York Times, By Peter Baker, Alan Cowell and James Kanter, July 29
Washington — The United States and Europe kicked off a joint effort on Tuesday intended to curb Russia’s long-term ability to develop new oil resources, taking aim at the Kremlin’s premier source of wealth and power in retaliation for its intervention in [...]
The Telegraph, By Ambrose Evans-Pritchard, June 4
The way we are going, the whole world will end up with zero interest rates or some variant of quantitative easing before long. Such is the overwhelming power of deflation in countries with burst credit bubbles. Such too is the implication of a global savings rate that has [...]
Ian Welsh wrote, and we’ve commented, because while Ian provides penetrating analysis, there is no suggestion of solutions, for example those on which Marine Le Pen campaigns, which seem cogent: Restore the Franc, Restore Sovereignty, and Control Multiculturalism.
BBC, May 25
Eurosceptic and far-right parties have seized ground in elections to the European parliament, in what France’s PM called a “political earthquake”.
While the French National Front and UK Independence Party both appear headed for first place, the three big centrist blocs in parliament all lost seats.
The outcome means a greater say [...]
Given the current Ukraine crisis, former German chancellor Schröder felt it was inappropriate to invite Putin to his official 70th birthday bash in Germany. So instead he opted for yet another birthday party with his friend in Saint Petersburg (link to German news article).
Putin, who is fluent in German, hugs his friend Schröder [...]
This essay assumes the reader has some knowledge of Modern Monetary Theory (MMT). For a primer on MMT please refer here.
Taking Ireland as an example, how would Modern Monetary Theory (MMT) fix the Problem?
Russia’s foreign minister Sergei Lavrov pens a “Comment is free”…
The Guardian – The profound and pervasive crisis in Ukraine is a matter of grave concern for Russia. We understand perfectly well the position of a country which became independent just over 20 years ago and still faces complex tasks in constructing a sovereign state. [...]
Someone buy this poor destitute man a shirt, please!
The morons in Conservativeville have been braying their lust for President Putin, the overweight exhibitionist who shoots sedated tigers and calls himself a hunter (no wonder rightwingers love him: he shoots guns at defenseless animals then calls himself a man). In turn, they call Obama [...]
Well, it sure seems like things haven’t changed much in 25 years:
Cairo – Six people have been killed and some 100 others wounded in a series of explosions in the Egyptian capital, Cairo.
Ukraine – A Ukrainian Journalist Explains 10 Things The West Needs To Know About The Situation In Kiev
Poland – The hidden history of the CIA’s prison in Poland
The U.P. [...]
Protesters angry that leaders refuse to sign an EU trade agreement are calling their demonstration a ‘revolution’
Al Jazeera America, December 1
More than 100,000 demonstrators chased away police to rally in the center of Ukraine’s capital on Sunday, defying a government ban on protests on Independence Square, in the biggest show of anger over [...]
Spiegel Online – Hundreds of poverty-stricken refugees are drowning in the Mediterranean, while at the same time, many European Union member states issue residence permits to wealthy Chinese, Arabs and Russians. Anyone is welcome who can pay the asking price.
When the shutters come up inside Latvia’s immigration office at 8 a.m., they are waiting: [...]
NYT – AMIRAS, Greece — As they moved through the isolated villages in this region in 1943, systematically killing men in a reprisal for an attack on a small outpost, German soldiers dragged Giannis Syngelakis’s father from his home here and shot him in the head. Within two days, more than 400 men were dead [...]
Guardian story here
ekathimerini story here
A-Z on how to turn a liberal democracy into a proto-fascist state-
just take away people’s food, lodging, and jobs to pay back the international bankers of the IMF.
Note the non-response by the ruling party in the linked stories.
(originally posted Sep 13)
Update1: Greece moves [...]
Guardian Online – Police fired tear gas at demonstrating school guards amassed outside the administrative reform ministry in Athens. Three protestors were subsequently rushed to hospital suffering respiratory problems. The decision of authorities to resort to using toxic chemicals so early in the day appears only to have reinforced the resolve of unions in [...]