Posted by seumasach on February 26, 2015
“The performance was better than expected, comparing to a £9bn loss in 2013, in a boost to the Treasury’s hope of selling off part of its stake at some point.”
Telegraph
26th February, 2015
Royal Bank of Scotland lost £3.5bn last year, its seventh-consecutive year without a profit, meaning the bank has lost around £50bn in total since 2008, when it was bailed out.
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Posted by seumasach on February 23, 2015
GEAB
18th Fewbruary, 2015
Hungarian Prime Minister Viktor Orbán stepped up his criticism on Wednesday (18 February) of his European allies for their policy of seeking to isolate Moscow over its intervention in Ukraine, naming top EU official Donald Tusk as one of its backers.
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Posted by seumasach on February 23, 2015
TASS
20th February, 2015
PARIS, February 20. /TASS/. France and Germany, following the historical tradition, should work on forming an alliance with Russia, prominent French writer and political journalist Eric Zemmour said in newspaper comments on Friday.
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Posted by seumasach on February 22, 2015
M.K.Bhadrakumar
Indian Punchline
22nd February, 2015
The US Secretary of State John Kerry chose London as the venue on Saturday to reiterate that “there will be further consequences” for Russia if the Minsk ceasefire agreement fails to hold in eastern Ukraine. He disclosed, “In the next few days I anticipate that President Obama will evaluate the choices that are in front of him and will make his decision.” Kerry appeared confident that there would be more sanctions against Russia.
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Posted by seumasach on February 22, 2015
Voltairenet
22nd February, 2015
General Wesley Clark, former Supreme Commander of NATO, told CNN that the Islamic Emirate (“Daesh”) had been “created by our friends and allies to defeat Hezbollah.”
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Posted by seumasach on February 22, 2015
Voltairenet
19th February, 2015
Initially it seemed surprising that on the first day of the negotiations marathon [1] in Minsk a bill to “provide lethal weapons to the Government of Ukraine in order to defend itself against Russian-backed rebel separatists in eastern Ukraine” would be introduced in the US Congress [2]. However, it soon became clear that its sponsor, Sen. James Inhofe, simply harbors no illusions [3] about his Ukrainian partners’ competence or ability to comply with their obligations. He understands that Kiev will inevitably violate the cease-fire and that Washington will soon have to explain why the militias in the devastated region of what is known as the “Debaltsevo cauldron” [4] are in possession of such a vast number of captured weapons originating from NATO countries.
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Posted by seumasach on February 21, 2015
Jacques Attali
Russia Insider
20th February, 2015
This article originally appeared at L’Express. It was translated by Micheal S. Rozeff at Lew Rockwell.com
Once again, we can be dragged into an absurd war against those who should be our allies in other infinitely more important fights.
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Posted by seumasach on February 21, 2015
Sputnik News
20th February, 2015
There is no evidence of Russian military hardware presence in Ukraine, French President Francois Hollande said at a joint news conference with German Chancellor Angela Merkel.
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Posted by seumasach on February 19, 2015
Varoufakis’ thinking is perfectly in tune with that of Michel Barnier, the European commissioner who devised the EU’s banking union plan. The three main points of Varoufakis’ plan correspond to those of the banking union which will come into full force by the end of 2015, Those are, firstly, a “bail in ” of the banks instead a “bail out”, whereby creditors and shareholders of the banks take the rap rather than taxpayers. This process to be overseen at pan-European level rather than at the level of the nation states. Secondly, mutualisation i.e. Eurobonds and , thirdly, reconstruction of real economy through an pan-European investment programme. It is the opposition of the City of London to this “dirigiste” project drawn up by the avowed Gaullist, Barnier, which accounts for the fact that no one hears anything of it. What Greece is doing now should help bring it centre stage and shift the balance of power in Europe away from atlanticist-style finance capital towards precisely such a centralized and dirigiste model.
Naked Capitalism
26th June, 2012
Yves here. Yanis just posted an interview with ABC (Australia’s BBC) which describes how Greece cannot be salvaged. Its fate will be determined at the eurozone level, and its possible outcomes range from bad to awful. You can watch the conversation here. Transcript below:
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Posted in Battle for Europe | Tagged: bailout real economy, european banking union, Greek crisis, Michel Barnier, Tsipras government, Yanis Varoufakis | Leave a Comment »
Posted by seumasach on February 18, 2015
Georgy Voskresensky
Voltairenet
18th February, 2015
Anonymous first appeared in 2003 on Internet image boards as a group of hackers espousing the freedom of speech and operating as an «anarchist global digital brain». It is an instrument or a weapon designed to be used in information warfare. It has an advantage – in many cases it is extremely hard to define who exactly used it. But there was no problem of this kind when Anonymous published a 1993 photo report of Angela Merkel visiting the youth club Elbterrassen and meeting with a bunch of skinhead and other friends, one of whom makes a Nazi salute [1].
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Posted by seumasach on February 18, 2015
Hollande, Sarkozy, Fillon and Le Pen- the whole French political class is turning on the issue of Ukraine
RT
10th February
The leader of France’s rightwing Front National (FN), Marine Le Pen, has called Brussels “American lackeys” over the EU’s Ukraine policy. She further accused Washington of attempting to start a “war in Europe” and expand NATO towards Russia’s borders.
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