The EU Joins the Syrian War More Directly

"U.S. Secretary of State Kerry went to Europe urging that the European Union drop its embargo on shipments of heavy arms into the hands of the Syrian rebels. Are we surprised that the EU has now done exactly that? The article says 'British Foreign Secretary William Hague says the amended embargo puts pressure on Syrian President Bashar al-Assad to seek a non-military solution to more than two years of fighting.' Remember that a political process occurred in February of 2012 when a new Syrian constitution was passed overwhelmingly. The EU's decision affirms that the EU intends violently to overthrow Assad in violation of their oaths in the U.N." Continue reading

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QE Exit to Rattle U.S. Bond Markets, Warns OECD

"'Exit from unconventional monetary policy, when needed, may be difficult to manage and less smooth than desirable, possibly leading to sharp rises in bond yields and serious negative consequences for growth in a number of advanced and emerging economies,' Pier Carlo Padoan, OECD’s deputy secretary-general and chief economist, said in the report. 'A leap in U.S. government bond yields would result in capital losses for investors, and prices on other assets would most likely follow suit, with mortgage-backed securities and corporate bonds most strongly affected. [..] In comparison with 1994, this could be more disruptive given current higher leverage." Continue reading

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‘The Rendition Project’ sheds new light on U.S. global kidnap and secret detention program

"A groundbreaking research project has mapped the US government’s global kidnap and secret detention programme, shedding unprecedented light on one of the most controversial secret operations of recent years. The interactive online project – by two British universities and a legal charity – has uncovered new details of the way in which the so-called extraordinary rendition programme operated for years in the wake of the September 11 attacks, and the techniques used by the Central Intelligence Agency (CIA) to avoid detection in the face of growing public concern." Continue reading

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Head of the IMF Christine Lagarde in court charged with embezzlement and fraud

"Lagarde faces a maximum sentence of 10 years in jail if found guilty of the very serious charges. It was when she was President Nicolas Sarkozy’s finance minister that she is said to have authorised a 270 million pounds payout to one of his prominent supporters, so abusing her government position. The money went to Bernard Tapie, a convicted football match fixer and tax dodger who supported Lagarde and Sarkozy’s UMP party. It came after Dominque Strauss-Kahn, another senior French politician, was sacked as IMF chief following allegations that he attempted to rape a chambermaid in a New York hotel." Continue reading

Continue ReadingHead of the IMF Christine Lagarde in court charged with embezzlement and fraud

Austria Turns Rat Fink

"Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland. 'It's a bad day for tax cheats,' Austrian Chancellor Werner Faymann told reporters at a meeting of EU leaders to discuss fighting tax fraud. 'We will act jointly and I believe we will manage the exchange of data by the end of the year.' Luxembourg and Austria had not wanted to reveal the names of account holders to other countries and instead allow banks to withhold tax, but under pressure from their European partners both have now agreed to." Continue reading

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Soros To Germany: Introduce Eurobonds or Hit The Bricks

"George Soros made an assertion aimed at the heart of the euro crisis: Germany should either agree to introduce 'Eurobonds' – which would mutualize the public debts of all of the euro zone member states – or step out of the way and leave the euro, so that the remaining member states could move forward with debt mutualization." Continue reading

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Europeans Rapidly Losing Faith in EU Project

"Europe's ongoing economic crisis and lasting currency woes are beginning to rapidly erode faith among Europeans in the EU project. That is the result of a new survey undertaken by the renowned Pew Research Center in Washington D.C. and released on Monday evening. In just one year, the share of Europeans who view the European Union project favorably plummeted from 60 percent in 2012 to just 45 percent this year. Furthermore, only in Germany does a majority continue to support granting more power to Brussels in an effort to combat the ongoing crisis." Continue reading

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New Zealand Supreme Court to hear Kim Dotcom extradition appeal

"The Court of Appeal in March had overturned a decision ordering US prosecutors to hand over the evidence to Dotcom’s legal team as they seek to extradite him to face online piracy charges. The appeal court ruled that a summary of the case would suffice. Dotcom’s lawyers have sought to reinstate the original decision, arguing they could not effectively fight the extradition battle without full disclosure of the evidence against their client. The US Justice Department and FBI want Dotcom to face charges of racketeering, fraud, money-laundering and copyright theft in a US court, which could see him jailed for up to 20 years if convicted." Continue reading

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11 Governments Are Meeting in Peru to Figure Out How They Can Control the Internet

"It appears that it’s going to be even easier for international copyright offenders to be tried in court by the interests–and lobbying power–of Hollywood. Starting today, 11 countries—Canada, America, Mexico, Peru, Chile, Vietnam, Singapore, Japan, Brunei, Malaysia, Australia, and New Zealand—are having a secret (no members of the public and no press) meeting in Lima, Peru to figure out what can be done about copyright offenders who transmit Hollywood’s precious content over the interweb’s tubes without paying for it. he meeting is held under the banner of the Trans-Pacific Partnership (TPP) Agreement." Continue reading

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