Posted by seumasach on July 9, 2015
“Heads Must Roll’: Germany Needs New Leaders Who Favor Russia, Not US
7th July, 2015
German foreign policy is guided by an outdated philosophy of taking the lead from the United States, when it needs to be articulated by new leaders who stand against NATO muscle flexing and opt for improving relations with Russia, left-leaning website Scharf Links reported.
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Posted by seumasach on July 9, 2015
The idea that Obama is pushing Germany to bail out Greece in order to prevent Russia and China from doing so has become topical over the last few days. According to this article, Obama is not ding that but, rather, just sitting back again under the pretext of not wanting to alienate their main “ally against Russia”, Germany
Why Obama Is Leaving Greece To Fend For Itself Against Germany
8th July, 2015
WASHINGTON — The Obama administration is effectively sitting out the contentious talks over the festering economic crisis in Greece, despite increasingly extreme demands from the German government in the wake of last week’s Greek referendum.
Posted in Battle for Europe, Financial crisis | Tagged: Obama agenda | Leave a Comment »
Posted by seumasach on July 9, 2015
The international monetary system itself depends a lot on the US dollar, or, to be precise, on the monetary and financial policy of the US authorities. The BRICS countries want to change this,” Putin said.
“In the year since the Durban Summit, we have managed to achieve significant progress in this direction. In the near future, we expect to finalise all the remaining issues and we will be able to use this Bank’s potential to realise major projects in our countries,” he said.
The Statesman
9th July, 2015
BRICS has no plans to form a military and political alliance, Russian President Vladimir Putin said on Wednesday, in an apparent effort to allay apprehensions of the West.
He, however, emphasised that the grouping of Brazil, Russia, India, China and South Africa, having “coinciding strategic interests”, wants to change the global monetary order which depends a lot on the US dollar.
Read more
Posted in Global peace process | Tagged: BRICS(Brazil-Russia-India-China-South Africa), Russian diplomacy | Leave a Comment »
Posted by seumasach on July 8, 2015
8th July, 2015
Chinese stock markets tumbled again on Wednesday as investors shrugged off a series of support measures by Chinese regulators, including the central bank’s first public statement in support of the market since it cut interest rates in late June.
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Posted by seumasach on July 7, 2015
Cailean Bochanan
7th July, 2015
Coming at the end of a week in which the Greek people overwhelmingly reasserted their desire to remain in the Eurozone, the “No” vote can only be a result of Tsipras’ ability to convince them that their position in the Eurozone is safe, whatever happens. That now looks like a very shaky assumption and, I expect, a brazen deception on Tspras’ part. It is particularly pertinent to recall, at this point, that it was German Finance Minister, Schauble himself, who first proposed a referendum on proposals for Greece back in May and that this same Schauble had been arguing for Greek withdrawal from the euro in the face of the position of Angela Merkel. Merkel now looks on the way out if the latest take down on her by Spiegel is anything to go by. Could it be that, after a murky and convoluted process that has left everyone perplexed, Schauble has won?
Posted in Battle for Europe, Financial crisis | Tagged: grexit, new global financial architecture, tsipras | 1 Comment »
Posted by seumasach on July 7, 2015
7th July, 2015
We are dangerously close to a huge disaster and yet we still appear oblivious to what is happening, living on an entirely different planet to the rest of Europe.
Posted in Battle for Europe | Tagged: Greek crisis, grexit, tsipras | Leave a Comment »
Posted by seumasach on July 7, 2015
7th July, 2015
Greece’s new Finance Minister Euclid Tsakalotos and Prime Minister Alexis Tsipras travel to Brussels on Tuesday with the aim of keeping the country in the eurozone but with most of its partners seeming to have decided that an exit would be more preferable.
Posted in Battle for Europe | Tagged: tispras | Leave a Comment »
Posted by seumasach on July 6, 2015
Russia Rules Out Excluding Greece From Anti-EU Food Ban in Case of Grexit
6th July, 2015
The possible exit of Greece from the Eurozone will not result in Russia lifting the food import embargo from Athens, Russia’s First Deputy Minister of Economic Development Alexei Likhachev said on Monday.
Posted in Battle for Europe | Tagged: Russian diplomacy, tsipras | Leave a Comment »
Posted by seumasach on July 6, 2015
29th January, 2015
As soon as he assumed office, new Greek Prime Minister Alexis Tsipras has announced he is about to halt a landmark deal to privatize the country’s biggest port of Piraeus. China’s Cosco Group, a State-owned global shipping giant, had submitted a bid, but now, according to the new government, the sale will be reviewed.
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Posted by seumasach on July 6, 2015
I must admit that I assumed there would be a “Yes” vote given Greece’s abiding commitment to the Eurozone. Tsipras may have known better and the incredible antics of himself and Yaroufakis may have had this covert goal: to achieve an exit from the Eurozone without seeking explicit approval from the Greek people. It’s also possible that this goal is shared by certain European partners, notably Scheuble. This would explain the deliberate burning of boats to the creditors which Yaroufakis’ resignation can hardly undo. This vote is being hailed by the left and eurosceptic right as victory over austerity. However, if the result is that Greece no longer has currency to pay for imports, on which it is totally dependent, the austerity phase will simply transition to the humanitarian crisis phase for which Martin Schulz has quite rightly called on Europe to prepare.
6th July, 2015
Prime Minister Alexis Tsipras may have won a victory at home on Sunday as the Greek people dealt a resounding “no” to European austerity policies.
But Greece risks paying a high price for that decision.
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Posted by seumasach on July 5, 2015
Kremlin: Finding Solution to Greek Debt Crisis ‘Not Russia’s Problem’
30th June, 2015
Finding a solution to Greece’s debt crisis is not a matter for Russia but for Athens and its creditors, Kremlin spokesman Dmitry Peskov said on Tuesday.
“This is Greece’s problem,” Peskov told journalists on a conference call. “[It’s a matter] of Greece’s relations with its creditors, it’s not a matter for us.”
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In These New Times 