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Panic Surges over U.S., European Economic, Banking Meltdown
larouchepac
Feb. 8, 2016. Panic swept through Europe, and Wall Street, today as markets and bank shares plunged to new lows. "Growth Fears Stalk European and Wall Street Stock Indices," the City of London's daily Financial Times trumpeted, explaining that "worries about the darkening outlook for global growth spreading across global markets." Recession risks "are growing everywhere we look," said one UBS analyst. "Developed and emerging markets are struggling in tandem, leaving no obvious areas to look for growth."
All European markets plummeted sharply: Paris, down 3.2%; Germany's DAX, 3.30%, London's FTSE, 2.71%, Milan, 4.69%, and Athens, a whopping 7.8%. Greek banking shares also tanked, by 27.21% for Piraeus Bank, 17.65% for Alpha Bank, and 29.2% for Eurobank. This was the case throughout Europe, with HSBC-London dropping 2.7%, Germany's Commerzbank, 6.7%, and Deutsche Bank, 4.7%. No one escaped-BNP Paribas, Société Générale, Crédit Agricole, Barclays-all the big names. With good reason, ZeroHedge website referred it to a "European Bank Bloodbath...Not only is it time to panic, but the panic is 'contagion'-ing over the sovereign risk market. European banks are in free fall."
Endless US War and Occupation of Afghanistan
Stephen Lendman
Four weeks post 9/11, Washington launched naked aggression on Afghanistan, a country posing it no threat.
Planners had endless war and permanent occupation in mind - an imperial scheme planned months in advance, the 9/11 mother of all US false flags the phony pretext.
On October 28, 2007, candidate Obama lied, saying “I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do.”
He systematically violated every major promise made, continuing endless war on Afghanistan Bush began, maintaining permanent occupation - both leaders responsible for millions of deaths, vast destruction, unspeakable human misery, and a nation-state ravaged and destroyed, turned into nightmarish harshness for its people.
Israel Censoring Bloggers
Stephen Lendman
Israel is like other fascist police states, wanting criticisms of its ruthless policies suppressed.
Its new military censor, Col. Ariela Ben-Avraham, demanded bloggers and social media users submit their material for screening before posting.
Failure will be considered a crime. Regime critics risk prosecution, censorship now elevated to a higher level.
Israel wants control over pre-published material relating to its policies - vetted so anything it disapproves of gets trashed, the right of free expression abolished.
Blogger Yossi Gurvitz revealed Israel’s new policy. He was notified to submit written material before publishing, showing democracy is more farcical than already.
Until now, Israel’s military censor monitored Facebook, Twitter, and other social media sites for material considered objectionable.
Relentless Russia Bashing Continues
Stephen Lendman
US-led Western managed news misinformation and Big Lies consistently drown out hard truths.
Russia intervened responsibly in Syria, waging real war on terrorism, polar opposite US phony war, supporting ISIS and other terrorist groups it pretends to oppose.
Moscow scrupulously observes international law. Claims about its aerial campaign killing civilians and using illegal weapons are Western-sponsored propaganda.
German Chancellor Angela Merkel is part of the problem, not the solution to resolving US-orchestrated Middle East wars, Germany a reliable imperial ally.
Meeting with rogue Turkish officials in Ankara, she lied, irresponsibly blaming Russia for killing Syrian civilians, using “indiscriminate weapons,” citing no corroborating proof because there is none.
Syrian Forces Winning the Strategically Important Battle of Aleppo
Stephen Lendman
Winning the battle of Aleppo (Syria’s commercial hub before Obama launched naked aggression in 2011) is key to controlling the country’s northwest along with strategic areas bordering Turkey - severing key supply routes, providing ISIS and other terrorist groups with weapons, munitions and other aid.
Greatly helped by Russian air power, Syrian forces gained full control over the main supply route from Turkey.
The Aleppo-Gaziantep Highway runs north to the Turkish border. Syrian forces liberated Ratyan and Mayer in northern Aleppo. Fighting continues in other contested towns and villages.
Erdogan in Ecuador
Stephen Lendman
Erdogan in Ecuador
Why he was invited, Ecuadorian authorities will have to explain - a tyrannical leader enforcing police state harshness, supporting ISIS and other terrorist groups, waging war on his own Kurdish people, murdering them in cold blood.
Ukraine: A US-Installed Nazi-Infested Failed State
Stephen Lendman
In February 2014, Washington replaced Ukrainian democracy with fascism in Europe’s heartland - illegitimately installed officials waging war on their own people.
Fundamental human and civil rights were abolished. Police state viciousness replaced them. Regime critics risk prosecution, sentencing, imprisonment or assassination.
Two years after fascists seized power, conditions for ordinary Ukrainians are deplorable. According to Germany’s daily broadsheet Junge Welt, they’re “staggering.”
“Since the end of the Yanukovych era, the average income has decreased by 50%,” it reported - on top of 2015’s 44% inflation, nearly reducing purchasing power by half, making it impossible for most Ukrainians to get by.
They’re suffering hugely, deeply impoverished, denied fundamental social services, abolished or greatly reduced en route to eliminating them altogether.
Obama’s War on Syria: A Potential Catastrophic Flashpoint
Stephen Lendman
America’s rage for unchallenged global dominance risks the unthinkable. Bipartisan neocons infesting Washington let nothing interfere with their reckless agenda - pure evil by any standard, risking humanity’s survival.
Democrat Hillary Clinton is as ruthless, dangerous and over-the-top as the most extremist Republican, a war goddess ready to target humanity militarily, mindless of potential catastrophic consequences.
Longstanding bipartisan US policy calls for replacing all independent governments with Western-controlled puppet regimes, naked aggression Washington’s strategy of choice.
Endless wars rage, US aggression in Syria using ISIS and other takfiri terrorist groups the most serious because of Russia’s involvement, combating terrorism, wanting it kept from spreading to Central Asia and its own heartland - risking a possible superpower confrontation.
The Super Bowl Promotes War
David Swanson
Super Bowl 50 will be the first National Football League championship to happen since it was reported that much of the pro-military hoopla at football games, the honoring of troops and glorifying of wars that most people had assumed was voluntary or part of a marketing scheme for the NFL, has actually been a money-making scheme for the NFL. The U.S. military has been dumping millions of our dollars, part of a recruitment and advertising budget that's in the billions, into paying the NFL to publicly display love for soldiers and weaponry.
Of course, the NFL may in fact really truly love the military, just as it may love the singers it permits to sing at the Super Bowl halftime show, but it makes them pay for the privilege too. And why shouldn't the military pay the football league to hype its heroism? It pays damn near everybody else. At $2.8 billion a year on recruiting some 240,000 "volunteers," that's roughly $11,600 per recruit. That's not, of course, the trillion with a T kind of spending it takes to run the military for a year; that's just the spending to gently persuade each "volunteer" to join up. The biggest military "service" ad buyer in the sports world is the National Guard. The ads often depict humanitarian rescue missions. Recruiters often tell tall tales of "non-deployment" positions followed by free college. But it seems to me that the $11,600 would have gone a long way toward paying for a year in college! And, in fact, people who have that money for college are far less likely to be recruited.
U.S. Now Overtly at War Against Russia
Eric Zuesse
NATO Secretary General Jens Stoltenberg announced on February 2nd that he approves of U.S. ‘Defense’ Secretary Ash Carter’s proposal to quadruple U.S. armaments and troops in Europe, against ‘Russian aggression.’
Secretary Carter said earlier that same day, in his announcement of America’s arming for war against Russia:
re reinforcing our posture in Europe to support our NATO allies in the face of Russia's aggression. In Pentagon parlance, this is called the European Reassurance Initiative and after requesting about $800 million for last year, this year we're more than quadrupling it for a total of $3.4 billion in 2017.<< 1 ... 198 199 200 201 202 203 204 205 206 207 208 ... 1326 >>
