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  • Merkel Warns US, Britain No Longer Reliable Partners

    05/28/2017 10:42:21 AM PDT · by Helicondelta · 76 replies
    breitbart.com ^ | 28 May 2017
    Europe “must take its fate into its own hands” faced with a western alliance divided by Brexit and Donald Trump’s presidency, German Chancellor Angela Merkel said Sunday. “The times in which we could completely depend on others are on the way out. I’ve experienced that in the last few days,” Merkel told a crowd at an election rally in Munich, southern Germany. “We Europeans truly have to take our fate into our own hands,” she added. While Germany and Europe would strive to remain on good terms with America and Britain, “we have to fight for our own destiny,” Merkel...
  • Germany and France vow to speed up eurozone integration

    05/22/2017 11:07:58 PM PDT · by Olog-hai · 25 replies
    TheLocal.de ^ | 22 May 2017 15:06 CEST+02:00 | AFP
    Core EU powers France and Germany vowed Monday to accelerate eurozone integration, with a new bilateral panel to work out ways to kickstart the reform process. “We’ve been talking about progress in eurozone integration for years, but things are not moving fast enough,” said France’s new Economy Minister Bruno Le Maire in Berlin after talks with his German counterpart Wolfgang Schäuble. “We have now decided to get things going more quickly and further in a very concrete manner,” he said. Schäuble agreed that “we are convinced that Germany and France must take a leading role” in strengthening the European Union...
  • This is what Germans really think about capitalism

    08/15/2017 1:15:14 PM PDT · by Olog-hai · 28 replies
    TheLocal.de ^ | 15 August 2017 15:26 CEST+02:00 | Jörg Luyken
    Despite the turbulence of the Weimar years, Germany has followed a steady capitalist economic model since the end of the Second World War. But that doesn’t mean people like the idea, a new study shows. Contrary to the US, where belief in capitalism is as entrenched as hot dogs and baseball, Germany has always had a more complicated relationship to the philosophy of competitive markets. This is, after all, the country that gave us the founding communist thinkers Karl Marx and Friedrich Engels. And a study published by Statista and YouGov on Tuesday shows that only 16 percent of Germans...
  • 'The greed of the German state has become almost kleptocratic' [FDP party leader]

    05/11/2017 8:01:04 PM PDT · by Olog-hai · 5 replies
    TheLocal.de ^ | 11 May 2017 15:33 CEST+02:00 | DPA/The Local
    With Germany raking in more taxes due to strong economic performance, the leader of its liberal party has suggested state officials are enriching themselves at the cost of the taxpayer. “The greed of the state has taken on kleptocratic characteristics,” Christian Lindner, head of the Free Democratic Party (FDP) told Handelsblatt on Wednesday. A kleptocracy is a form of government in which officials corruptly use public funds for personal gain. “The yearly tax intake of the state is set to be €100 billion higher in 2020 than this year, if we don’t act. For the FDP, it is clear that...
  • Angela Merkel dashes Emmanuel Macron’s eurozone dreams

    06/04/2018 11:50:06 PM PDT · by Berlin_Freeper · 58 replies
    politico.eu ^ | June 5, 2018 | Matthew Karnitschnig and Pierre Briançon
    ... In Berlin, Macron’s proposals were met with a combination of skepticism and fear, especially among Merkel’s conservative base. Though no country has benefited more than Germany from the currency union, many Germans remain convinced that much of the rest of Europe — particularly the Mediterranean states — is trying to pick its pockets. The Greek bailouts, which cost Germany little in the grander scheme of things, only hardened that impression. In fact, for much of the German establishment, Macron’s ideas are nothing less than an open invitation to raid Berlin’s treasury.
  • Euro crisis: Britain stands alone after PM David Cameron’s historic veto

    12/10/2011 4:45:11 AM PST · by iowamark · 16 replies
    The Sun, UK ^ | 10 Dec 2011 | GRAEME WILSON, Deputy Political Editor, in Brussels, and KEVIN SCHOFIELD
    DAVID Cameron has blasted the bully-boys of Europe with a sensational Winston Churchill-style "Up Yours". The PM vetoed a new treaty and kept Britain out of a dodgy deal to save the euro. But his bulldog spirit left the nation facing an unknown future and risking an EU backlash. The PM last night defended his historic veto of an EU deal intended to save the euro — despite infuriating pro-Europeans. Jubilant Tory MPs hailed his decision as a massive step towards Britain's EXIT from the European Union. His stand in Brussels was the first time a British Prime Minister has...
  • U.K. to Eurozone Nations: We're Out, Good Luck

    12/08/2011 10:56:08 PM PST · by tcrlaf · 145 replies
    CBS NEWS ^ | 12-9-11 | CBS/AP
    The 17 eurozone states and six other EU countries agreed early Friday to create a new treaty that will allow them to introduce stricter fiscal rules in the hope of containing a worsening debt crisis, but Britain's prime minister immediately threatened to block the new accord. The failure to get agreement among all 27 members of the European Union at a summit meeting in Brussels reflected in large part a deep split between France and Germany on the one hand and Britain on the other. France and Germany are the two largest economies in the eurozone; Britain does not use...
  • Eurozone crisis stokes tension between Britain and Germany

    11/15/2011 5:30:52 PM PST · by MinorityRepublican · 7 replies
    The Guardian ^ | Tuesday 15 November 2011 | Patrick Wintour
    Angela Merkel and David Cameron are due to meet on Friday to discuss the eurozone crisis further. Tensions between Germany and Britain over how to handle the crisis in the eurozone deepened after allies of the German chancellor, Angela Merkel, claimed she would not allow the UK to "get away" with its refusal to back a European financial transactions tax. Speaking ahead of a meeting between Merkel and David Cameron on Friday, the parliamentary leader of her Christian Democratic Union said "Britain had a responsibility to make Europe a success". Volker Kauder, at the CDU conference in Leipzig, said: "I...
  • David Cameron and Nicolas Sarkozy clash as leaders wrangle over euro deal

    12/08/2011 6:59:36 PM PST · by Qbert · 5 replies
    The Guardian UK ^ | 8 December 2011 | Nicholas Watt, Ian Traynor & David Gow
    David Cameron is at the centre of a furious row with Nicolas Sarkozy after Paris tried to isolate the prime minister at the EU summit by suggesting that Britain is seeking to exempt the City of London from all European regulations. In a move dismissed by officials in Brussels as an attempt to set Britain up as the fall guy, senior French figures said Cameron wanted an opt out from EU financial services regulation. The French were said to have found themselves isolated in their attempt to limit an agreement on tough fiscal rules for the single currency just to...
  • Romney urges Trump to support Paris climate deal

    06/01/2017 10:36:41 AM PDT · by C19fan · 55 replies
    The HIll ^ | May 31, 2017 | Julia Manchester
    6.7K Romney urges Trump to support Paris climate deal 2012 Republican presidential nominee Mitt Romney on Wednesday expressed his support for the U.S. to remain in the Paris climate accord, arguing it was an opportunity to remain a leader on the world stage. “Affirmation of the Paris Agreement is not only about the climate: It is also about America being the global leader,” Romney tweeted.
  • Soros Says The European Union Is Now In An Existential Crisis, Surrounded By Hostile (US) Powers

    06/01/2017 9:02:07 AM PDT · by blam · 33 replies
    CNBC ^ | Silvia Amaro
    Billionaire financier George Soros said Thursday the European Union is in an "existential crisis" and needs to be reinvented in the face of growing threats. "The reinvention would have to revive the support that the European Union used to enjoy," the Hungarian-born Soros said at the Brussels Economic Forum. Such reinvention would have to review the past and explain to European citizens what went wrong and then make proposals to make things right. Soros welcomed a German idea to cut European funds aimed at reducing income inequalities at the regional level for those countries disrespecting the rule of law. Both...
  • France urges Trump not to rush on Paris climate deal

    05/25/2017 9:29:47 AM PDT · by Olog-hai · 6 replies
    TheLocal.fr ^ | 25 May 2017 17:51 CEST+02:00 | AFP
    French President Emmanuel Macron on Thursday said he hoped US President Donald Trump would not rush into deciding what to do with the Paris climate agreement. “My wish is that the United States takes no hurried decision,” Macron told a news briefing after talks with Trump, in which the two leaders discussed Washington’s doubts over the 196-nation climate pact reached in late 2015. “I told the US president the importance of the deal for us, the importance of the commitment made by the international community,” he said. …
  • Obama to discu$$ climate change in Italy

    05/08/2017 6:43:06 AM PDT · by rktman · 21 replies
    thehill.com ^ | 5/8/2017 | Rebecca Savransky
    Former President Barack Obama is traveling to Italy, where he will speak this week about food security and climate change. The former president is expected to go to Milan to meet with several Italians and discuss the issues. On Monday, the former president is scheduled to meet with former Prime Minister Matteo Renzi. That evening, he will attend a private dinner held by the Institute for International Political Studies. Obama on Tuesday is expected to give a keynote address to the Seeds and Chips Global Food Innovation Summit. The theme of the summit this year is "The Impact of Technology...
  • WH Science Advisor: Farmers, Construction Workers Will Die From Climate Change

    04/04/2016 1:10:04 PM PDT · by PROCON · 74 replies
    cnsnews.com ^ | April 4, 2016 | Eric Scheiner
    (CNSNews.com) - White House Science Advisor John Holdren says because of the impacts of climate change, agricultural and construction workers “will basically be unable to control their body temperature and will die.” “In some parts of the world, when you look more broadly at this question, you see the likelihood that in the hottest times of the year it will be simply physiologically impossible to work outdoors,” Holdren said at a White House event on climate change Monday. “That means agriculture, that means construction, people who try to work outdoors will basically be unable to control their body temperature and...
  • $2,957,000,000: U.S. Taxpayers Will Fund Lion’s Share of UN Budget Again in 2016

    12/28/2015 7:42:36 AM PST · by rktman · 25 replies
    cnsnews.com ^ | Patrick Goodenough
    American taxpayers will once again be liable for more than one-fifth of the United Nations' regular budget next year, as well as more than one-quarter of the much-larger peacekeeping budget - a total of approximately $2,957,000,000. The U.N. General Assembly just before Christmas approved a regular operating budget of $5.4 billion for the 2016-17 period. (That budget is calculated biannually.) Of the $2.7 billion earmarked for 2016, the U.S. will account for 22 percent, or $594 million. Of the separate peacekeeping budget - $8.27 billion for the year ending June 30 - the U.S. is liable for 28.5783 percent, or...
  • Obama Says a New Tax Is 'The Most Elegant Way' to Stop Climate Change

    12/01/2015 9:36:18 AM PST · by PROCON · 48 replies
    cnsnews.com ^ | Dec. 1, 2015 | Susan Jones
    (CNSNews.com) - At news conference in Paris on Tuesday, President Obama said "the most elegant way" to reduce carbon emissions is "to put a price on it." He was responding to a reporter who asked Obama, "I wonder if you see any political path back home toward putting a price on carbon?" "I have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it. This is a classic market failure," Obama replied. "If you open up an Econ 101 textbook, it will say the market's very good about...
  • Rising seas threaten to flood launch sites, NASA says

    09/07/2015 12:47:49 PM PDT · by PROCON · 97 replies
    CNN ^ | Sep. 6, 2015 | Brandon Griggs
    (CNN)—NASA's rockets are astounding machines, capable of blasting into space at thousands of miles per hour and withstanding temperatures twice the melting point of steel. But they can't take off underwater. Rising sea levels caused by melting ice caps threaten to disrupt a handful of NASA launch sites along U.S. coastlines, the space agency warns. In the coming years, launch facilities at Florida's Kennedy Space Center and other places may need to be retrofitted or even moved inland, NASA says. "Every NASA center has its own set of vulnerabilities, and some are more at risk than others," NASA climatologist...
  • Surpise: EU carbon credit scheme was used to generate cash with no carbon reductions

    08/25/2015 2:17:07 PM PDT · by SeekAndFind · 9 replies
    h ^ | 08/25/2015 | Jazz Shaw
    The European carbon credit program, developed in conjunction with the United Nations, is working out just fabulously. Well… it’s at least working out fabulously for a few people. Similar to programs being developed here in the United States by climate warriors, it offers “flexibility” to various countries so it can be tailored to their individual needs. For example, if you are able to make big cuts in your carbon emissions, you get a lot of these “credits” applied to you. If there are other countries who are a bit fatter with cash but can’t manage the changes required to...
  • Breaking a Taboo: Plans for Euro-Zone Tax Take Shape

    08/02/2015 11:15:44 AM PDT · by Olog-hai · 6 replies
    Der Spiegel ^ | July 30, 2015 – 04:47 PM | Michael Sauga, Christian Reiermann and Christoph Schult
    History has shown that when a government wants to solidify its power, it has to turn its subjects into taxpayers. The Roman Empire demanded high tribute payments from every tribe it had newly conquered. And the United States developed from a commonwealth to a federal state when, in the 18th century, Treasury Secretary Alexander Hamilton achieved uniform duties and taxes for the entire union, initially on whiskey, because it was so lucrative. Politicians in the eurozone are now seeking to emulate the historic model from the early years of the United States. The unnerving bargaining over the latest Greece bailout...
  • German and French ministers call for radical integration of eurozone

    06/03/2015 3:57:23 PM PDT · by Olog-hai · 14 replies
    Manchester Guardian ^ | Wednesday 3 June 2015 16.00 EDT | Ian Traynor
    German and French politicians are calling for a quantum leap in how the EU’s single currency is run, proposing an embryo eurozone treasury equipped with a eurozone finance chief, single budget, tax-raising powers, pooled debt liabilities, a common monetary fund, and separate organization and representation within the European parliament. They also propose that all teenagers in the EU be given the chance to spend a subsidized six months in another European country. In an article published in the Guardian and other European newspapers, Sigmar Gabriel, Germany’s social democratic leader and vice-chancellor in Angela Merkel’s coalition government, and Emmanuel Macron, France’s...