2015/09/03 LEAP/E2020 Press Review on the Global Systemic Crisis

The de-Americanisation of the world has begun – emergence of solutions for a multipolar world by 2015

“Building a de-Americanised world”: this statement would have raised a smile a few years ago. At most it would have passed for provocation by Hugo Chavez. But when we are seeing the United States’ bankruptcy in real-time and it’s an official Chinese press agency that says so (1), the impact isn’t the same. In reality, it’s describing out loud a process which is already well underway: simply, it’s now allowed to speak about it in public. At least US government deadlock has the merit of loosening tongues (2). Let there be no mistake, this analysis hasn’t appeared in the Chinese media by chance, and it reflects Beijing’s hardening tone. In fact, if the whole world is holding its breath before this pathetic game of the US elite... (All the GEAB Archives, available for 220 eur)

Excerpt of the GEAB 78 (Oct 2013)

Migration crisis: bid for united EU response fraying over quota demands

Europe’s fragmented attempts to get to grips with its worst ever migration crisis are disintegrating into a slanging match between national capitals ahead of what is shaping up to be a major clash between eastern and western Europe over a common response...

The Guardian

Immigration, Civilisations, Intégration européenne…, une seule question compte : Voulons-nous ou non que les enfants d’immigrés deviennent de vrais européens ?

La France est le seul pays européen confronté à l’immigration depuis près de deux siècles Le Royaume Uni, l’Allemagne, les Pays-Bas, les pays Scandinaves, l’Italie, l’Espagne… tous ces pays ont exporté de la ressource humaine tout au long des XVIII° et XIX° siècles et jusqu’au début du XX°...

Franck Biancheri Documentation

EU migration: Crisis in graphics

Asylum applications in Europe have surged this year - with numbers for Germany and Hungary already exceeding their totals for 2014. Altogether, 438,000 refugees had applied for asylum by the end of July - compared with 571,000 for the whole of last year...

BBC News

It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US Treasurys in three months via Belgium, leaving Goldman speechless for once...

Zero Hedge

China August official PMI shrinks to 3-year low of 49.7, in line with forecasts

Activity in China’s manufacturing sector contracted at its fastest pace in three years in August, an official survey showed on Tuesday, reinforcing fears of a sharper slowdown in the world’s second-largest economy despite a flurry of government support measures...

Economic Times

Europe must wait at least five years for bank consolidation: CEOs

Europe will have to wait at least five years before banks begin to consolidate across borders, as they wrestle with low interest rates, regulatory reforms and the need to overhaul technology, bank executives said. Banks face pressures to refocus their business models and cut costs, pushing consolidation down the list of management priorities, Frederic Oudea, chief executive of Societe Generale...

Reuters

EU to extend Russia blacklists

The EU is Wednesday (2 September) expected to extend sanctions against Russian and Ukrainian individuals and firms by six months. Some 150 people and 37 firms will continue to have their assets frozen and be under a travel ban until March 2016, when sanctions will be reviewed again.

EUObserver

After Barclays and Bank of America, Citigroup has blockchain in sight

Citigroup is looking to tap into the potential of blockchain, the underlying technology that powers virtual currencies such as bitcoin, and is also experimenting with the idea of its own fiat-backed digital currency, a top executive of the United States headquartered banking and financial services company said...

Economic Times

Stocks Slide as Global Growth Angst Deepens; Treasuries Climb

It’s a new month, and the same story. Stocks fell around the world and the yen gained with gold as the slowdown in China showed no sign of abating. Asian shares started a global selloff after a gauge of Chinese manufacturing fell to a three-year low. European stocks followed after data pointed to weaker growth in the region..

Bloomberg

Kiev’s week of violence is a crisis of its own making

A “day of fury” was proclaimed on Monday by the Ukrainian nationalist party Svoboda (Freedom). The fury ended with a grenade being thrown into lines of soldiers guarding the Kiev parliament building, where it exploded, killing one soldier and injuring more than 100 people...

The Guardian

Guatemala President Otto Perez Molina Resigns

Guatemalan President Otto Pérez Molina resigned late Wednesday, hours after a judge issued an arrest warrant against the leader in connection to a growing corruption scandal that has plunged the country into its worst political crisis since the end of a brutal civil war...

Wall Street Journal

US launched a secret drone war against Islamic State in Syria

The CIA and US Special Forces have launched a secret drone programme in Syria, designed to hunt down and kill high-value members of the Islamic State of Iraq and the Levant. The collaboration, in which both organizations fly armed drones over the country, has resulted in strikes against “several” senior Isis leaders..

Business Insider

EU needs to step up its game in Ukraine

The situation in Ukraine looks increasingly grim. The war in Donbas has intensified. And Moscow shows no sign of ending its support for its proxy rebels or withdrawing troops and heavy weapons from eastern Ukraine...

EUobserver

France ends probe into Arafat's death, says no proof he was poisoned

Investigators have decided to drop an inquiry into the death of Yasser Arafat. The former Palestinian leader's widow has insisted that her husband was poisoned in 2004. French magistrates have closed their investigation into the 2004 death of Arafat, the prosecutor's office said Wednesday...

Deutsche Welle

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