GEAB N°86
is available! Global systemic crisis – The Major Global Geopolitical
Reconfiguration
After
nearly 6 years of blocking the normal development of systemic transition, a
blocking caused by a flood of dollars leading to a renewed artificial global
addiction to the US dollar, history is now taking its course. It isn’t as if
during these six years nothing has happened. On the one hand, the US has failed
to relaunch its economy (a process now made visible by the -1% US growth made
public at the end of May[3]) and the actual situation for Americans has only
got worse
US records
$130B budget deficit in May
The U.S.
government's monthly budget returned to deficit in May after a big April
surplus. But the overall imbalance so far is far smaller than it was the same
period last year, putting the country on track for the lowest annual deficit in
six years...
Fed Tapered
Its Stimulus Package By $10 Billion In June And Slashed
For the 24
hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.3589.
The greenback came under pressure after the Fed slashed its growth estimates on
the world’s largest economy by projecting the US economy to register growth
between 2.1% to 2.3% this year, down from its earlier forecast of economic
growth to be between 2.8% to 3.0%...
Russia says
only Kiev can solve Ukraine's crisis
Russia
reiterated Thursday that Ukraine must solve its months-long political crisis
domestically and not rely on foreign guidance.
Russia’s
$20 Billion Bond Void Filled by Nations From China to Mexico
Borrowers
from China to Mexico and Kenya are selling bonds abroad at an unprecedented
pace, filling a $20 billion void left by issuers in Russia shut out of
international capital markets since the beginning of March...
Canadian
government Oks pipeline to Pacific Coast that would allow oil to be shipped to
Asia
Canada's
government on Tuesday approved a controversial pipeline proposal that would
bring oil to the Pacific Coast for shipment to Asia, a major step in the
country's efforts to diversify its oil exports if it can overcome fierce
opposition from environmental and aboriginal groups..;
Iraq's
Maliki: I won't quit as condition of US strikes against Isis militants
A spokesman
for the Iraqi prime minister, Nouri al-Maliki, has said he will not stand down
as a condition of US air strikes against Sunni militants who have made a
lightning advance across the country...
Deprivation
Britain: Poverty is getting worse - even among working families, according to
major new study
The number
of impoverished households has more than doubled in the 30 years since Margaret
Thatcher was Prime Minister, the largest study of deprivation ever conducted in
the UK has concluded...
Price Index
for Meats, Poultry, Fish & Eggs Rockets to All-Time High
The
seasonally-adjusted price index for meats, poultry, fish, and eggs hit an
all-time high in May, according to data from the Bureau of Labor Statistics
(BLS)...
France
calls on US to end aid for Boeing
The French
and German economy ministers have called on the US to end what European
governments consider to be illegal subsidies for aviation giant Boeing.
Japanese
exports decline, trade deficit narrows
Shipping
containers are loaded onto an international freighter from trucks at the
international cargo terminal in Tokyo. Japan’s trade deficit narrowed in May as
imports turned down for the first time in a year and a half...
UK to go to
the wire in anti-Juncker push
The UK has
indicated that it is prepared to take its fight to stop Jean-Claude Juncker
becoming EU commission president right to its conclusion, possibly provoking an
unprecedented vote among EU leaders at next week's summit.
EUobserver
French government to become Alstom's main shareholder
French economy minister Arnaud Montebourg has announced that
the French government will be taking a 20 per cent stake in train and turbine
manufacturer Alstom.
City AM
Central banks and public sector funds in diversification
drive
Central banks around the world, including in Europe, are
buying increasing volumes of equities as part of diversification by official
asset holders that are now a global force on international capital markets.
This is among the findings of Global Public Investor (GPI) 2014, the first
comprehensive survey of $29.1tn worth of investments held by 400 public sector
institutions in 162 countries...
OMFIF
What’s Holding Back the India-EU FTA?
Despite several rounds of negotiations that began in 2007,
the proposed EU-India Bilateral Trade and Investment Agreement (BTIA), covering
trade in merchandise, services, and investment, is still far from being
concluded...
The Diplomat
Powerhouse of Political Innovation in Europe: First
trans-European meeting of small and medium sized political parties, Berlin,
July 5th, 2014
The results of the European elections last May were once
again the image of the political crisis and the democratic bankruptcy of the EU
since Maastricht. European citizens directly affected by the financial and
economic crisis, have become aware of the reality of the political crisis of
the EU and of the illegitimacy of the elections. Their votes reflected their
will to finish with the scheme: major national parties (who cannot even within
European groups in the EP think outside their national
straitjackets)/anti-European parties feeding themselves with the deconstruction
of Europe.
Newropeans-Magazine
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This special Press Review reviews articles from the French
and Engligh-speaking international online media relating to the unfolding
global crisis.
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