Tag Archives: Hamburg

Nov 26 2018

Russia Opens Fire and Seizes Three Ukrainian Vessels…


Re-Posted from The Conservative Tree House on November 25, 2018 by

The Ukraine/Crimea/Russia crisis flares up again today as Russia blockaded the Sea of Azov then fired upon three Ukrainian naval ships who attempted passage Sunday.  After wounding several sailors, the Russians then seized the three boats; igniting another crisis between the two countries and initiating an emergency U.N. Security Council meeting tomorrow.

The EU and NATO alliance will likely call for U.S. assisted military intervention of some sort.  The structure of the Ukrainian government is full of western intelligence assets; and once again we can expect the professionally republican and professionally democrat to unite in common cause and demand we go to war….

Russian jet fighters fly over a bridge connecting the Russian mainland with the Crimean Peninsula with a cargo ship beneath it after three Ukrainian navy vessels was stopped by Russia from entering the Sea of Azov via the Kerch Strait in the Black Sea, Crimea November 25, 2018. REUTERS/Pavlishak Alexey

(Reuters) Russia’s FSB security service said early on Monday its border patrol boats had seized the Ukrainian naval vessels in the Black Sea and used weapons to force them to stop, Russian news agencies reported.

The FSB said it had been forced to act because the ships – two small Ukrainian armored artillery vessels and a tug boat – had illegally entered its territorial waters, attempted illegal actions, and ignored warnings to stop while maneuvering dangerously.

“Weapons were used with the aim of forcibly stopping the Ukrainian warships,” the FSB said in a statement circulated to Russian state media.

“As a result, all three Ukrainian naval vessels were seized in the Russian Federation’s territorial waters in the Black Sea.”

The FSB said three Ukrainian sailors were wounded in the incident and were getting medical care. Their lives were not in danger, it said.

[…]  Ukrainian President Petro Poroshenko met his top military and security chiefs. Poroshenko said he would propose that parliament impose martial law.

Russia annexed Crimea in 2014 and then built a giant road bridge linking it to southern Russia that straddles the Kerch Strait – a narrow stretch of water that links the Black Sea to the Sea of Azov, which is home to two of Ukraine’s most important ports.

Russia’s control of Crimea, where its Black Sea Fleet is based, and of the bridge mean it is able to control shipping flows.

The crisis began on Sunday after Russia stopped the three Ukrainian ships from entering the Sea of Azov by placing a cargo ship beneath the bridge. (Read More)

Nikki Haley

Nolan Peterson @nolanwpetersonThis is the most dangerous moment I’ve seen in Ukraine in years.Tonight, a war that many people in America can only imagine thanks to Hollywood movies, teeters on the razor thin edge of becoming real.Tonight in Ukraine we go to sleep not knowing what tomorrow will bring.

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Nov 25 2018

Victoria Australia Elections Overthrow the Conservatives in Surprise Election Result


Armstrong Economics Blog/Australia & Oceania

RE-Posted Nov 25, 2018 by Martin Armstrong

 

The Trump Revolution is unfolding everywhere. It is NOT a philosophy left or right – it is just drain-the-swamp and throw out whoever is in power. The Labor government in the Australian state of Victoria won an unexpectedly large majority in an election. We will also see this manifest into the national elections warning that Australia’s ruling conservative government will be in trouble in six months. Victoria is Australia’s second most populous state, and the poll is seen as a warning of voter sentiment towards the nation’s conservative Liberal and National government.

Nov 25 2018

80,000 Protesters in Paris on the Champs Elysees


Armstrong Economics Blog/Uncategorized

Re-Posted Nov 25, 2018 by Martin Armstrong

The protests in France over rising fuel costs and a general discontent with President Emmanuel Macron’s economic policies as the Euro declines resulted in them setting things on fire and police firing tear gas into the crowds. The police were also firing tear water cannons clashed with protesters in addition to tear gas. The protesters set a trailer on fire which exploded on the Champs Elysees. The protesters even attempted to attack the fire fighters. We are looking at the upcoming elections in France are going to be very dramatic

Nov 25 2018

Riots in Paris Against Economic Policies of President Emmanuel Macron…


Re-Posted from The Conservative Tree House on November 24, 2018 by

The latest signs of economic nationalism -vs- economic globalism surfaced today in France as thousands protest.

Significant riots broke out today amid backlash to the economic policies of French President Emmanuel Macron.  Fueled by resentment over a new gasoline tax, thousand of Parisians took to the streets to protest. [See Daily Mail Article Here]

(Via Reuters) […] The unrest is a dilemma for Macron who casts himself as a champion against climate change but has been derided as out of touch with common folk and is fighting a slump in popularity.

While the movement, which has no leader, began as a backlash against higher fuel prices, it has tapped into broader frustration at the sense of a squeeze on household spending power under Macron’s 18-month-old government.

Since coming to power, Macron has seen off trade union and street demonstrations against his changes to the labor rules, and overhauled the heavily indebted state rail operator. Foreign investors have largely cheered his pro-business administration. (read more)

Nov 23 2018

Woman Sent to Prison for 10 years for Lying about Graduating Elementary School to Get a Job


Armstrong Economics Blog/Rule of Law

Re-Posted Nov 23, 2018 by Martin Armstrong

A Greek cleaning lady was sentenced to 10 years in prison for lying about her elementary school record in a court ruling. Her sentence has outraged the people and rightly so. The 53-year-old woman had worked at a publicly-funded nursery for 15 years until a review in 2014 revealed she had doctored a certificate documenting her primary education. The judge held that the sentence was based upon defrauding the public. What about the politicians who conspired with Goldman Sachs to hide losses that have really defrauded the Greek people?

Nov 22 2018

Merz the Anti-Merkel Stands for Election to Replace Merkel in CDU


Armstrong Economics Blog/Germany

Re-Posted Nov 22, 2018 by Martin Armstrong

Friedrich Merz is the anti-Merkel who is standing for election in December to replace her as head of the CDU. Merz is also chairman of Blackrock there in Germany. He has been a German lawyer and politician of the center-right Christian Democratic Union (CDU). He served as a Member of the European Parliament 1989–1994, a member of the Bundestag 1994–2009, and as the chairman of CDU/CSU parliamentary group 2000–2002. In 2018 he announced his candidacy in the CDU leadership election in December 2018. Merz has described himself as socially conservative and economically liberal which means he is pro-business. He supports the European Union and NATO but sees the link to the United States as critical.

Meanwhile, Merz described himself as “upper middle class” yet he earns 1 million euros a year and has two private jets – not one. The rumor is Goldman Sachs is in its Crash & Burn mode for paying bribes and Blackrock will replace it as the most powerful financial institution in the world.

Nov 21 2018

Italy v EU – November 21, 2018


Armstrong Economics Blog/ECM

Re-Posted Nov 21, 2018 by Martin Armstrong

The event today may be the fact that the EU has now stated it will bring sanctions against Italy for refusing to comply with its demands. So here we have the Pi Target and to the day Brussels has officially rejected Italy’s spending budget on Wednesday, November 21st which opens the door to sanctions. With hindsight, we will perhaps look at this day as the start of a further deterioration of the European Union that has converted a trade union into a centralized dictatorship applying a central theme of austerity to everyone regardless of their economic conditions.

 

Nov 18 2018

BREXIT v EU


Armstrong Economics Blog/BRITAIN

Re-Posted Nov 18, 2018 by Martin Armstrong

Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, to begin with.

Meanwhile, Chancellor Merkel said talks to amend the draft agreement were unlikely as a deal was “on the table” and Britain should just walk away and let Europe see the stupidity of their actions. Britain is the biggest market for German cars in Europe. A no deal will devastate the German economy at a critical time when it needs that trade the most.

Nov 15 2018

Raab Resigns from BREXIT negotiations – May is tottering on Losing the PM Post


Armstrong Economics Blog/BRITAIN

Re-Posted Nov 15, 2018 by Martin Armstrong

The British pound has dropped 1% today and is trading in the mid 127 level. The rumor running around the City (the financial sector in London) is that Prime Minister May has called an emergency press conference and she will resign handing power to Michael Grove. However, it may be more likely that  Grove has been offered the job of Brexit secretary in the wake of Dominic Raab’s resignation. Theresa May clearly does not know how to negotiate. Perhaps she should ask Donald Trump to represent Britain in BREXIT negotiations. Thacertainlyin would liven things up and it certainly would end up with a much better deal for Britain.

The pro-BREXIT supporters are demanding a shift in the government’s negotiating strategy first.

Nov 15 2018

BREXIT Nothing Like What the People Voted For


Armstrong Economics Blog/Uncategorized

Re-Posted Nov 15, 2018 by Martin Armstrong

 

The draft deal of Prime Minister May smells really bad. It is clear that politicians are clueless about trade and the U.K. remaining within the (EU) customs union forever is really going to economically tie Britain to the EU without a right to even vote. What they do not get is that trade in the EU is not negotiated with a single government. Every member gets to veto a trade deal which prevents the entire 28 member states from acting in their own self-interest. So Britain cannot cut a trade deal with the USA or China without EU approval. Then the speculation goes that they will have to pay dues with no vote.

If Britain does approve the deal precisely on November 21st, 2018, then out long-term projections for the British pound are most likely going to be right on point. So let’s just hold our breath. Why should this not be absolutely just crazy? That is what we elect politicians with no experience in trading or economics to make major decisions in areas they are unfamiliar with