Generally speaking, France remains a centralised state. Notwithstanding a recent territorial reform that has expanded their competences, French regions continue to have relatively limited powers compared to, for instance, their Spanish counterparts. However, a strong showing in this regional election would allow Le Pen to strengthen her local powerbase with a view to the Presidential election in 2017. This regional election was indeed the first test after the terrorist attacks in Paris. However, it would be simplistic to see the gains made by Front National as just the fruit of French voters’ knee-jerk reaction to last month’s tragic events. President Hollande saw a rather spectacular rebound in his approval rating in the wake of the attacks. Yet, this did not spare him another pretty disappointing election night. The reality is that Front National has been on a crescendo for a while. The party was the most voted for in last year’s European Parliament election, and had also made important gains in the departmental elections earlier this year. Ballot after ballot, my view is reinforced that a growing number of French voters are starting to see Front National no longer as just a "protest party" – but rather as a party they would be happy to be governed by, at least at the local level. Interesting and game changing fact: Folks go on ad infinitum about the Nazis, without having a clue about the other side of the coin, once you know this, you start to really search and the scales fall away from your eyes: https://en.wikipedia.org/wiki/...Genrigh Yagoda, who built and ran the Gulags (concentration camps) Lenin and Trotsky (who were all Jewish) and their Jewish Commisars and bands of Jewish thugs murdered over 50 million innocent people in Soviet russia. How strange that young Jewish people are not being forced to feel guilty about this and bear the burden of what their ancestors did. How odd that the Germans to date have paid over £60 billion in compensation to the Jewish people and yet the Jewish people have not paid a penny to those relatives of the 50 million murdered by their own in Russia. Why do we never hear about the worlds worst EVER atrocity? This one peice of information will take you to the bottom of the Rabbit hole and everything starts to make sense. Who controls everything, including Hollywood and mainstream media, the banking system etc? If you want to know who rules you simply find out who you are not allowed to criticise - Voltaire.
Showing posts with label socialism. Show all posts
Showing posts with label socialism. Show all posts
Saturday, December 12, 2015
Sunday, December 6, 2015

Wednesday, December 2, 2015

The Shanghai Composite Index fell by as much as 6.14pc to 3,412.43, while the Shenzhen composite, which tracks stocks on China's second exchange, tumbled 6.66pc, to 2,170.73.
Citic Securities and Guosen Securities plunged by the daily limit of 10pc in Shanghai after admitting they were under investigation for alleged rule violations.
Reports in the media suggested Haitong Securities was also being probed as the shares were suspended on Friday. Experts have called time on China's three-decade growth miracle, as the economy makes the delicate transition towards domestic consumption from investment-led growth. Official figures show growth fell to a six-year low of 6.9pc in the third quarter.
Monday, November 30, 2015
The worst effects of the European recession risk becoming permanent in places, according to a left-leaning think tank. The IPPR's latest report pointed to the high level of unemployment and underemployment across Europe and said the chances of these becoming entrenched is "deeply alarming". It said there was 10% unemployment and a 5% underemployment rate in Europe.
The UK's main problem was low productivity, the IPPR said. The official unemployment rate for the 28 countries in the EU was 9.3% in September, down from 9.4% the previous month. The rate in the 19 countries that use the euro stood at 10.8%, down from 10.9% in August....The IPPR said that unemployed workers risked being left behind as globalisation and technological progress lead to changes in the skills that employers require. The report suggested that European countries look to Germany as a good example of maintaining workplace skills and high productivity rates.
Germany - Europe's largest economy - invests 50% more on average than other countries in research and development. The report also found that the UK's in-work training had fallen by 4 percentage points since 2008 - the largest decline for any EU country. The IPPR said it welcomed the apprenticeship levy and the target for creating three million apprenticeships.
Saturday, November 14, 2015
Friday, October 23, 2015

An Optimum Currency Area, a region that would maximize economic benefit by sharing a common currency, thus subscribing to the governing body's monetary policy. Since it's usually a free floating economy, the exchange rate also becomes a tool for the policy body. In the case of countries though, some argue and we see this with Greece, this forces a country to give up its monetary policy and 'sovereignty according to some and instead rely on fiscal policy to maintain the BOP accounts. They no longer can depreciate their currency to improve advantage in exports to help a deficit and/risk capital outflows from the country. As far as I know though, and it might be only for fixed exchange rate economies, but this one economist named Rudi Dornbusch came up with the overshooting exchange rate model saying that manipulating the exchange rate can be difficult to achieve the intended goal because of the volatile nature of the exchange rate system. I also remember the higher risk a country, the more issues that can arise and Greece with corruption isn't exactly a model example. It doesn't even necessarily have to be a joint group of countries. Some economists have proposed OCA regions for the U.S and Canada with the idea that broad policy goals intended to help one area one hurt another areas as badly. It catch on because you can imagine how Americans on the state independence reacted to that one. The thing with the Euro and Mundell called this failing with Greece joining was first off, they 'worked their books' to get in after several attempts and it wasn't really an open secret. In his paper where he coined the OCA, he says for it to work, there needs open fiscal transfer within the union or it can lead to instability in peripheral members. If your mobility of capital (the BP curve in the IS-LM-BP model) is immobile (a vertical line if you took economics or international finance) within the internal region, then the external valuation of the currency won't perform the stabilization function that's required. If anyone remembers more about this then feel free to add on, and here's the paper if you want to read it. I won't lie, it's a dry read if economics or finance aren't your thing.
Thursday, October 15, 2015

"The contribution of the countries of the region is
key to preventing the further propagation of radicalisation", stressed Mariya
Gabriel MEP, Vice-Chairwoman of the EPP Group responsible for relations with
Mediterranean countries: "A clear and specific commitment of the countries of
the region should be made to contribute to the improvement of coordination and
to the opening of an exit window. The role of the EU is to work to make this
commitment happen and play a balancing role in the redistribution process of
influences in the region and to bring back both regional and great powers to the
table for a peace process in Syria." Russia's military intervention worries the EPP
Group's Spokesman on Foreign Affairs, Cristian Preda MEP: "Russia has already
shown us in the past its willingness to impose its vision of things by force. Its
intervention in Syria is no
different and makes the situation all the more fragile. By creating more
pressure in Syria, Russia is doing nothing short of accentuating the refugee
crisis. This is clearly against EU interests. We are deeply concerned about the
recent incursions in Turkey's airspace. Turkey is our NATO partner." The EPP Group Members believe that a lasting solution
requires a political transition through a Syrian-led inclusive process with the
support of the international community. All parties in the conflict should
ensure the protection of the civilian population and honour their obligations
under international humanitarian law and human rights law. By August 2015, 12.2 million Syrians were in need of
humanitarian assistance, according to the European Commission.
Friday, September 25, 2015
Through the US State Department’s National Endowment for Democracy (NED) and US State Department’s Movements.org, agitators were literally flown on several occasions to both New York and Washington D.C. as well as other locations around the globe to receive training, equipment and funding before returning to their home countries and attempting to overthrow their respective governments....It is clear that the political cover – the Arab Spring – and the premeditated support of terrorist groups including Al Qaeda brought in afterward, were planned years before the Arab Spring actually unfolded in 2011. The goal was admittedly the overthrow of governments obstructing Washington and Wall Street’s hegemonic ambitions and part of a much wider agenda of isolating, encircling, and containing Russia and China...NATO is directly responsible for the refugee crisis. In fact, in Turkey, NATO is directly engineering it, while in Libya NATO is responsible for destroying any semblance of stable governance since 2011. In reality, they did not appear out of a puff of smoke. They appeared in Turkey, a NATO member since the 1950’s and one of America’s closest regional allies. Turkey is currently hosting the US military, including special forces and the CIA who have, together with Turkish military and intelligence agencies, been conducting a proxy war on neighboring Syria since 2011. Turkey has suspiciously maintained a very enthusiastic “open door” policy for refugees, spending inexplicable sums of money and political capital in accommodating them. The Brookings Institution – one of the chief policy think tanks helping engineer the proxy war with Syria – reported in its July 2015 “Order out of Chaos” article, “What Turkey’s open-door policy means for Syrian refugees,” that: Turkey is now the world’s largest recipient of refugees. Since October 2013, the number of Syrian refugees has increased more than threefold and now numbers almost two million registered refugees.
Wednesday, September 16, 2015

Tuesday, September 15, 2015

Monday, September 14, 2015
The European Commission is proposing the emergency relocation of 120,000
migrants across Europe from Greece, Italy and Hungary, the EU executive's
president Jean-Claude Juncker announced in a speech in Strasbourg on Wednesday
(9 September), adding it "has to be done in a compulsory way." In his first State of the Union address to the European Parliament, Juncker
said: "Addressing the refugee crisis is a matter of humanity and human dignity,
for Europe [it is] also a matter of historical fairness." "Action is what is needed," he noted, citing historical examples from
Hungarians, Czechs, Slovaks, and Spanish fleeing for their lives in previous
crises. He called on EU ministers of justice and home affairs to adopt the proposal
on September 14 for the relocation of a total of 160,000 migrants. Juncker said he hoped that everyone would be on board this time. A relocation plan, presented by the Commission for 40,000 migrants in May,
was only agreed upon on a voluntary basis. The plan subsequently fell far short
of the target. "Italy, Greece, and Hungary cannot be left alone to cope with the enormous
challenge," Juncker added. He recalled that 500,000 people have made their way into Europe so far this
year, and pointed out that this number represents only 0.11 percent of the total
EU population. "Winter is approaching. Do we really want families sleeping in railway
stations?", Juncker asked. Besides the emergency relocation measure, Juncker announced that the European
Commission is proposing a permanent relocation mechanism, which "will allow
Europe to deal with crisis more swiftly in the future". The Luxembourgish politician also announced that the Commission wants to turn
Frontex, its border control agency in Warsaw, into a proper external border
control and coast guard force. He said the passport-free travel zone, Schengen, must be protected. "Schengen will not be abolished under the mandate of this commission,"
Juncker said. He said the Commission plans to set up a Trust Fund of €1.8 billion to help
Africa tackle the root causes of migration, and called on all EU members to
pitch in. Other measures include the review of the so-called Dublin system, which
stipulates that people must claim asylum in the state in which they first enter
the EU, and lays out a common list of safe countries of origin to process
economic migrants more swiftly. Juncker said Europe needs to open legal channels of migration. "We are an ageing continent, migration must change from a problem, to a well
managed resource,” he said, adding that asylum-seekers should be allowed to work
while awaiting the completion of their asylum process. Juncker announced that the Commission will present a common refugee and
asylum policy in early 2016, and reiterated that member states need to adhere to
existing common asylum mechanisms. "It is a matter of credibility," he said, adding that, before the summer, the
Commission launched 32 proceedings to force EU members to uphold European
standards and that more investigations are under way.
Tuesday, September 8, 2015
Unfortunately, they were not patient enough and jumped the gun.

Saturday, September 5, 2015

The Visegrad countries are also at odds with the European Commission, which pushed for a relocation scheme for 40,000 asylum seekers earlier this year and is currently preparing a proposal for 120,000 more migrants. Commission president Jean-Claude Juncker is set to put forward the initiative on Wednesday (9 September) in his State of the Union address to the European Parliament.
A day after Hungarian PM Viktor Orban met with EU institution leaders in Brussels with no concrete measures taken, his Czech, Polish, and Slovak partners said that "as an expression of their solidarity, [they] stand ready to provide Hungary with further assistance."
The Czech and Slovak interior ministers told reporters they were ready to consider a train corridor for transporting Syrian refugees heading from Hungary to Germany, if Budapest and Berlin agree.

Thursday, September 3, 2015

Hardline lawmakers in Tsipras' radical left Syriza party announced Friday they were splitting from the party and forming their own anti-austerity movement, which becomes the third largest group in Parliament. Outgoing government officials say the likeliest election date is Sept. 20, just eight months after Tsipras was elected on promises to fight creditor-demanded spending cuts and tax hikes, terms he later agreed to in order to secure Greece a third bailout and keep it from falling out of the euro. It will be the third time this year that Greeks vote, after January elections and a July 5 referendum Tsipras called urging voters to reject reforms that creditors were proposing during the bailout negotiations. Greece's European creditors did not appear dismayed by Tsipras' move, which was widely expected. "The step by Prime Minister Tsipras isn't surprising" considering he has lost his majority in parliament, said Steffen Seibert, spokesman for German Chancellor Angela Merkel. "The bailout program is a program that was agreed with the Hellenic republic ... and it will be valid through election dates." German Finance Ministry spokesman Juerg Weissgerber said that if there were delays in implementation of the bailout agreement due to the elections, "then it would mean that the next payments are delayed too." Funds from Greece's new three-year, 86 billion euro ($95 billion) bailout are being disbursed in batches following reviews of the country's progress on implementing reforms. The first installment was released Thursday so Athens could meet a debt repayment to the European Central Bank, and a first review is expected in October. On Friday, President Prokopis Pavlopoulos met conservative New Democracy party head Evangelos Meimarakis and asked him to try to form a government. Meimarakis has three days to seek coalition partners, after which the third largest party in Parliament would a chance for a further three days at most.
The third largest party is now the new movement formed by the 25 lawmakers who split from Syriza Friday. The group, named Popular Unity, will be led by former energy minister Panagiotis Lafazanis.
Meimarakis also met with the speaker of Parliament to seek her contribution in trying to cobble together a government and avoid early elections.
However, it is unlikely that Meimarakis or the new party will be able to form a government. At that point, Parliament will be dissolved and a caretaker government appointed to lead the country to early elections within a month.
Announcing his resignation in a televised address Thursday, Tsipras said he secured the best deal possible when he agreed to the new bailout from other eurozone countries to save Greece from a disastrous euro exit.
Sunday, August 30, 2015

Saturday, August 29, 2015
Greece’s European creditors have underlined the temporary nature of the country’s surprise return to growth by warning that they have “serious concerns” about the spiraling debts of the eurozone’s weakest member. The economic news came as Greece’s parliament met in emergency session on Thursday to ratify a new bailout deal, although it was unclear whether the multibillion-euro agreement had the vital backing of Germany.
The three European institutions negotiating a third bailout package with the government in Athens said that the Greek economy had plunged into a deep recession from which it would not emerge until 2017...According to an analysis completed by the European commission, the European Central Bank and the eurozone bailout fund, Greece’s debts will peak at 201% of its national output (GDP) in 2016. The study says that Greece’s debt burden can be made more bearable by waiving payments until the economy has recovered and then giving Athens longer to pay. However, it opposes the idea of a so-called “haircut” – or reducing the size of the debt. It is a course of action the International Monetary Fund, which joined the three European institutions in negotiating the latest bailout, thinks may be necessary for Greece’s debts to become sustainable. “The high debt to GDP and the gross financing needs resulting from this analysis point to serious concerns regarding the sustainability of Greece’s public debt,” said the analysis, adding that far-reaching reforms were needed to address the worries. It forecasts that the Greek economy will contract by 2.3% this year and a further 1.3% in 2016 before returning to 2.7% growth in 2017.
Thursday, August 27, 2015

Wednesday, August 26, 2015
The Bruxelles delapidators need "new fresh meat" to rub and destroy...here comes the Danish comenwealth !!

Tuesday, August 25, 2015

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