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) 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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