Leading politicians in Germany and France are mistaken when they say that TTIP is over, Washington's Trade Representative Michael Froman told German news website Der Spiegel On Tuesday, French Trade Minister Matthias Fekl told radio station RMC that "there is no more political support from France in the negotiations," and called on the European Commission to stop … Continue reading TTIP – Dead or Alive?
Introduction: China and the United States are moving in polar opposite directions: Beijing is rapidly becoming the center of overseas investments in high tech industries, including robotics, nuclear energy and advanced machinery with collaboration from centers of technological excellence, like Germany. In contrast, Washington is pursuing a predatory military pivot to the least productive … Continue reading China’s Pivot to World Markets, Washington’s Pivot to World Wars, and the Debacle of the Latin American Left
“These revolutions are portrayed in the western media as popular democratic revolutions, in which the people of these respective nations demand democratic accountability and governance from their despotic leaders and archaic political systems. However, the reality is far from what this utopian imagery suggests. Western NGOs and media heavily finance and organize opposition groups and protest movements, and in the midst of an election, create a public perception of vote fraud in order to mobilize the mass protest movements to demand ‘their’ candidate be put into power. It just so happens that “their” candidate is always the Western US-favoured candidate, whose campaign is often heavily financed by Washington; and who proposes US-friendly policies and neoliberal economic conditions. In the end, it is the people who lose out, as their genuine hope for change and accountability is denied by the influence the US wields over their political leaders.”
Truthstream Media outlines the history of elitist run regime change and cultural overthrow in the past century. As Alt-Market’s Brandon Smith notes, Truthstream thankfully acknowledges what some in the Liberty Movement refuse to see; namely that the strategy of engineered collapse of nations perpetrated by the CIA and globalist NGOs is now being perpetrated against the U.S. Yes, that’s right, America is just as expendable to the elites as any other nation in their quest to create “order out of chaos”, or a New World Order…
from Zero Hedge:
Truthstream Media outlines the history of elitist run regime change and cultural overthrow in the past century. As Alt-Market’s Brandon Smith notes, Truthstream thankfully acknowledges what some in the Liberty Movement refuse to see; namely that the strategy of engineered collapse of nations perpetrated by the CIA and globalist NGOs is now being perpetrated against the U.S.
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Solar-powered 'pipe' sculpture generates 4.5 billion liters of drinkable water from the ocean This massive solar powered pipe proposed for the 2016 land art generator initiative by khalili engineers intends to desalinate seawater into drinkable fluid. the concept — a blend of artistic, technological and architectural properties — floats off the coast of santa monica, california ‘reminding us … Continue reading Technology News – Solar Power
As the Distressed-debt investors tend to buy loans in bulk, and hence prefer loans with easily recoverable, tangible collateral. The NPLs of stricken British, Irish and Spanish banks in recent years were largely mortgages: being backed by property, they could be valued from current real-estate prices. British and Irish courts are also pretty efficient at dealing with claims on collateral. Many Italian NPLs, by contrast, are uncollateralised loans to small businesses or consumers. Even when collateral has been pledged, Italian courts are much slower than those elsewhere to recover it.
Source: Wolf Street, by Don Quijones
The Italian Banking Crisis would complete Europe’s “Doom Loop.”
Italy’s repeated attempts to stave off a full-blown financial crisis and breathe life back into its moribund banking sector can be summed up in four words: too little, too late.
In April, it set up a bad bank vehicle called Atlante that was expected to bail out the country’s most troubled lenders as well as allay growing fears of a systemic crisis within the financial sector. With just €5 billion of funds to its name, it did neither.
Cue Plan B, which saw the EU in June grant permission for Italy to use “government guarantees” to create a “precautionary liquidity support program for their banks“ worth €150 billion. On the surface it seemed like a lot more money, but in the end it amounted to little more than a PR stunt. The stampede…
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