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Archive for the ‘Battle for Europe’ Category

Irish govt fears rising anger after bank “treason”

Posted by smeddum on February 24, 2009

 

Mon Feb 23, 2009 9:05pm GMT
 

Photo

DUBLIN (Reuters) – Anger is growing among Ireland’s population over financial crisis and deepening recession, ministers said on Monday, with one describing the country’s banking scandals as “economic treason.” Read the rest of this entry »

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Police fear UK ‘summer of rage’

Posted by smeddum on February 23, 2009

 

Protest at Lindsey Oil Refinery

The Lindsey Oil Refinery foreign labour row spread across the UK

Monday, 23 February 2009

BBC

Police are preparing to face a “summer of rage” in the UK as people join protests over the economic downturn, says a senior Met Police officer.

“Known activists” were likely to foment unrest, with the recession creating more “footsoldiers” to join them, Supt David Hartshorn told the Guardian.

The G20 meeting in London in April is expected to be a focus of protests.

BBC home editor Mark Easton said signs of anger would “not necessarily translate into action on the streets”.

Supt Hartshorn is regularly briefed on potential civil unrest, as head of Scotland Yard’s public order branch. Read the rest of this entry »

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Anti-government rally in Ukraine

Posted by seumasach on February 23, 2009

About a thousand protesters have flocked to the streets of the Ukrainian city of Sevastopol, to rally against the government’s handling of the economy.

They called for the government’s resignation and new and fair elections.

“President Yushchenko, the government of Tymoshenko and the parliamentary majority consisting of oligarchs and NATO henchmen, who have shown that they are unable to get the country out of the crisis,”read a resolution of the rally participants. “Ukraine needs a total change of power, otherwise it will face famine, ruin and death.”

Many protesters headed to the city from other towns in Crimea to rally against growing unemployment and spiralling living costs.

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The biggest bank robbery in Iceland’s history?

Posted by seumasach on February 23, 2009

 

Iceland Weather Report

23rd February, 2009

“Another day, another scandal,” someone wrote in the comments the other day – and ain’t it the truth. A day hardly passes around here with some dirty deed being dredged up from the cesspool that is Iceland’s economic collapse.

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120,000 Protest in Dublin

Posted by smeddum on February 22, 2009

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Iceland to be fast-tracked into the EU

Posted by seumasach on February 17, 2009

“The krona is dead. We need a new currency. The only serious option is the euro,” said a senior Icelandic official.”

The same applies to the pound. So, let’s all join the Eurozone and at the same time work to dismantle NATO.

Iceland will be put on a fast track to joining the European Union to rescue the small Arctic state from financial collapse amid rising expectations that it will apply for membership within months, senior policy-makers in Brussels and Reykjavik have told the Guardian.

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Daily Moron- Iceland should adopt sterling, not the euro

Posted by seumasach on February 17, 2009

“First the English destroy Iceland and now they want to impose their English toilet paper currency on the Icelandic people….

What a great comforting feeling for all newly bankrupted Icelandic people to walk around with the English Queen’s head printed on the English toilet paper currency…..

The best the Icelandic people can do is to close down the English embassy in Reykyavik and never engage in business again with the English regime that deliberately attacked Iceland’s banks forcing Iceland into total collapse.”

“your analysis of Hannan’s interference in the affairs of other European countries is spot on ; my conclusion is that Hannan is a US sponsored mole at the EU where he attempts to destroy Europe and destroy the EU and replace it exclusively with an US controlled NATO political structure.

Everytime Hannan speaks in Brussels it would be helpful for all EU MEP’s to vocally denounce him as an American NATO puppet; we in Europe should not allow American sponsored moles to walk into Europe and try to destroy all European institutions we have built up in the last 60 yrs and which have led Europe to become the worlds largest most succesful and prosperous market on the planet.

Johan de  Meulemeester(from comments)

Daniel Hannan

Telegraph

15th February, 2009

I’ve observed before that European integration tends also to diminish a member state’s internal democracy. Iceland is the latest example. As things stand, if you want to amend the constitution, you have to carry the change in parliament, then have a general election, then pass it again. The new Left-wing government wants to scrap that rule so as to fast-track EU membership.

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Iceland minister says adopting euro logical step

Posted by seumasach on February 15, 2009

 

STOCKHOLM, Feb 12 (Reuters) – Iceland’s new commerce minister said on Thursday the adoption of the euro was a more logical path towards restoring financial stability than currency cooperation with Norway.

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Iceland Central Bankers hold on with a little help from the IMF

Posted by seumasach on February 12, 2009

 

With the IMF seemingly interceding on their behalf Iceland’s central bankers, particularly David Oddsson, are the immovable object checking the irresistible  force of the popular movement on the streets.

Iceland’s Second Central Banker to Resign in June

Iceland Review

12th February, 2009

Central Bank governor Eiríkur Gudnason announced his resignation as of June 1 in a letter received by Prime Minister Jóhanna Sigurdardóttir on Tuesday. The PM has expressed her disappointment with the announcement.

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Iceland: The Land Without An Economy- The worst is yet to come.

Posted by seumasach on February 11, 2009


Arsaell Valfells

Forbes

9th February, 2009

Iceland has won a “full house,” with political crisis piling up on a debt, banking and currency crisis. As Icelanders are now for the first time in 60 years protesting in the streets, the full impact of the collapse is being felt. In short, the economy has hit a wall. The labor market has, in a year, changed from importing workers from Poland to 10% unemployment. The worst is yet to come.

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Iceland: New government pledges continuation of IMF austerity programme

Posted by seumasach on February 11, 2009

Jordan Shilton

WSWS

11th February, 2009

Iceland’s new coalition government between the Social Democratic Alliance and the Left-Green Party was formed February 1 after negotiations with the Progressive Party over its parliamentary support. Although the new administration came to power promising significant changes to government and the financial sector, the direction of the SDA-led government will be a continuation of previous policies.

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