Despite the size and scope of Edward Snowden’s NSA whistleblowing, there’s little sign of Washington DC changing its practices, and even less of an indication that any of its European allies will actually hold it to account.
No one likes a bully, and Washington’s NATO puppets have been bullied for six decades. British prime ministers, German chancellors, and French presidents have to salute and say “yes sir.”
We're told the euro crisis is over. But Portugal's coalition government is on the brink of collapse, and markets are once again on the slide. The crisis, it would seem, is far from over.
In this picture, taken Saturday June 29, 2013, a demonstrator protests with a poster against NSA in Hanover, Germany.
Gotta love this picture. "Yes we can" coming back to bite him in...the can!
The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage.
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
A new law proposed by the European Commission would make it illegal to "grow, reproduce or trade" any vegetable seeds that have not been "tested, approved and accepted" by a new EU bureaucracy named the "EU Plant Variety Agency."
It will come as no surprise to ZH readers that the topic of youth unemployment is critical in Europe but as Der Speigel reports, while the German government's efforts remain largely symbolic, Southern European leaders pander to older voters by ......
A major victory for the world's bee populations has been achieved in Europe, where a majority of European Union (EU) member states voted recently to ban the use of bee-harming neonicotinoid pesticides across the entire continent.........
A fully fledged federal Europe may seem like "political science fiction" today but will soon become reality for all European Union countries whether inside or outside the euro, Jose Manuel Barroso has said.
A fully fledged federal Europe may seem like "political science fiction" today but will soon become reality for all European Union countries whether inside or outside the euro, Jose Manuel Barroso has said.
Oskar Lafontaine, the German finance minister who launched the euro, has called for a break-up of the single currency to let southern Europe recover, warning that the current course is "leading to disaster".
For most of us, the Great Depression is a distant abstraction most relevant as the last time the economy was worse than it has been lately. But for some unhappy Europeans, Depression-style living is a thing of the present.
The European Union has agreed to a partial lifting of the Syrian oil embargo today, permitting member nations to engage in any deals in the nation that are approved by the rebel Syrian National Coalition (SNC).
The liquidity tsunami that started in September of 2012 in the Marriner Eccles building and continued with the BOJ's own epic QEasing expansion three weeks ago...
• http://www.businessinsider.com, Matt Clinch, CNBC
Major debt restructuring for both Cyprus and Greece will probably force the struggling euro zone countries to leave the single currency, according to Citigroup's latest economic outlook, which warned markets could again be hit by escalating fears.
When Wolfgang Schäuble, the German finance minister and war horse of European politics, celebrated his 70th birthday at a theater in Berlin last September, two of the most powerful women in the world offered warm words in his honor.
"Years ago, Mrs Thatcher recognized the truth behind the European Project," UKIP's Nigel Farage reminds his European Parliament 'colleagues', "she saw that it was about taking away democracy from nation states and handing that power to largely unacco
Judging by the purchasing frenzy of Italian bonds today, most of it emanating out of Japan which after last night's epic snafu involving JGBs and the double halt of bond trading which may have spooked the "New BOJ-frontrunning Normal" Mrs Watanabe...
While the head of the ECB and his assorted kitchen sinks scramble to explain how Diesel-BOOM was horribly misunderstood when saying that depositor impairment may and will be the template for future European bank "resolution"
The euro has completely erased earlier losses and now it's exploding higher.
Read more: http://www.businessinsider.com/euro-surging-2013-4#ixzz2PaLjSOdI
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