Revue de Presse

Global Systemic Crisis

  • dedollarization Deflation and real economy in the United States: the black hole - This report appeared initially in the GEAB Bulletin No 102 / Febr 2016. The systemic crisis is spreading much faster in the real economy than in 2008-2009. This low dormancy is a sign that the economic protection dikes are severely lowered, the synergies are broken and the common strategies of global resilience have vanished. Within this statistical fog, not even fully lifted yet, our team needs once more to assess the health of the real economy, particularly in the United States. Measuring the real economy The irretrievable loss of confidence in the US dollar which we have constantly documented month after month for ten years now, and the currency war, soon in full swing with a risk of cascading devaluations, finally show the aberration to measure the economy with this ... Lire
  • eurocrisis September 2017. Euro crisis: The ECB loses its independence - The post-Brexit Europe does not need the extreme right-wings, it is already lining up with the national-European model proposed by the British. The antagonism between European and national levels, which has dramatically increased within the crisis, due to a lack of democratic anchoring at the European level, has led in just 6 months to a complete takeover of the European institutions by the Member States. The problem is that the failure of the community method results a “might makes right” system: when it comes to economic and monetary matters, Germany, for whom it’s more than it can handle. We anticipate that the very independent ECB – the last bulwark of resistance to this trend – will soon be taken away. On June 23, 2016 the decision of the British to ... Lire
  • modi trump Multipolar World, 2022: India’s power strategy via Washington - In view of China’s demographic being overtaken by India by 2022, India will use the structuring rivalry of the new world order emerging between the United States and China to advance its own interests, by operating a tactical rapprochement with Washington. This new partnership will be part of a struggle against Chinese trade surpluses and India’s determination to become a world power. From then on, India led by a Narendra Modi more solidly anchored than ever in power, could especially play its card more strongly than the United States. The India of Narendra Modi could play a major role in the new world order that is trying to build the new US president Donald Trump. The latter has a strategy that resonates with the interests of the New Delhi government… ... Lire
  • euobss Greek bailout talks to ‘intensify’ - Greece and its creditors decided on Monday (20 March) to “intensify” talks to agree on reforms needed to unblock a new tranche of financial aid, amid concerns over the country’s economic situation. The talks will take place in Brussels this week. They will involve representatives from the creditor institutions – the European Commission, the European Central Bank, the European Stability Mechanism (ESM) and the International Monetary Fund (IMF) – and from the Greek government, including finance minister Euclid Tsakalotos. Talks could last two or three days, according to a source that will be involved, who added that “the number of issues is not so big that we need longer than that”. The conclusion, agreed in 2015, of the second review of the bailout programme, has been blocked for several months. ... Lire
  • london Post-Brexit: European schemes of dismemberment of the City of London - The tiny financial centres of the Eurozone have been rubbing their hands since the British chose to leave the EU, positioning themselves in order to recuperate significant market shares of the City’s activity. A recent study made by the Brussels think-tank Bruegel proposes two scenarios of possible gains for a number of financial centres, depending on whether the EU27 succeeds in integrating a network of European financial centres or results in a fragmentation of the European financial market. The financial centres identified as likely to get a share from London’s financial activity are mainly Frankfurt, Paris, Dublin and Amsterdam. Of the 30% of the European market that technically must get a share of the continental places, . in the event of a fragmentation, Frankfurt could share 45% with Paris (20%), ... Lire
  • trump Donald Trump’s US Strategy - The long-term strategy can only be understood by returning to its nationalist objective, summarised by the slogan “America First,” hammered three times during the inauguration speech of January 20, 2017. This desire to defend the interests of the United States first, again expresses the idea, often put forward in the election campaign by Donald Trump, of an American decline linked to its dependence on foreign countries. The United States has become weak because they borrow too much from overseas, because they import too much from abroad, in particular goods that they can no longer produce themselves, and because they over-use their military power for the benefit of the other countries. The United States is enriching the rest of the world by impoverishing itself. Donald Trump has consistently criticised the “billions ... Lire
  • Turkish President Tayyip Erdogan arrives for a meeting in Istanbul, Turkey, March 5, 2017. Murat Cetinmuhurdar/Presidential Palace/Handout via REUTERS Turkey-EU relations plumb new depths - Turkey’s quarrel with the EU escalated on all fronts over the weekend, with fresh “Nazi” insults, “terrorism” accusations, and death penalty and migrant threats. The Turkish leader, Recep Tayyip Erdogan, personally accused German chancellor Angela Merkel of being a Nazi at a rally in Istanbul on Sunday (19 March). “You are right now employing Nazi measures. Against who? My Turkish brother citizens in Germany and brother ministers,” he said. He accused Germany of backing the Kurdish separatist PKK group, which both the EU and Turkey have designated as a terrorist entity, saying “the masked ball is over” on Turkey-EU relations. He also accused Deniz Yucel, a Turkish-German journalist, of being a Kurdish “terror agent”. Yucel was working for Germany’s Die Welt newspaper in Turkey until his arrest last month after ... Lire
  • Dutch Prime Minister Mark Rutte of the VVD Liberal party appears before his supporters in The Hague, Netherlands, March 15, 2017.  REUTERS/Yves Herman      TPX IMAGES OF THE DAY PM Rutte wins Dutch election, Wilders contained - Dutch prime minister Mark Rutte’s centre-right Liberal party remains the largest political party in the Netherlands, after lower house elections on Wednesday (15 March). The Party for Freedom (PVV) of anti-EU MP Geert Wilders gained five seats, as of Thursday morning with 95 percent of the votes counted. Wilders ended up in second place with 20 seats out of 150, a less triumphant victory than in the 2010 elections, when his party won 24 seats. Rutte said following the UK’s decision to leave the EU, and the US election of Donald Trump, that the Netherlands had said “stop” against “the wrong type of populism”. “The message that we want to continue the course the coming years, to keep this country safe, stable and wealthy, has been heard,” he said, adding ... Lire
  • Germany could file WTO suit against U.S. over border tax - BERLIN, March 17 (Reuters) – Germany could file a suit against the United States at the World Trade Organization over President Donald Trump’s proposed border tax, the economy minister said on Friday ahead of a meeting between Chancellor Angela Merkel and Trump later in the day. Trump has warned that the United States will impose a border tax of 35 percent on cars that German carmaker BMW plans to build at a new plant in Mexico and export to the U.S. market. Asked how Germany would react to the proposed tax, Economy Minister Brigitte Zypries told Deutschlandfunk radio it was very difficult because of the complexities of such a tax system. “The other option is that we file a suit against him at the WTO – there are procedures laid ... Lire
  • bloom Trump Wiretap Claims Rejected by Senate Intelligence Chiefs - The top Republican and Democrat on the Senate Intelligence Committee said there’s no evidence that any surveillance was conducted at Trump Tower in New York City, contradicting President Donald Trump’s claim. “Based on the information available to us, we see no indications that Trump Tower was the subject of surveillance by any element of the United States government either before or after Election Day 2016,” the panel’s chairman, Richard Burr of North Carolina, and vice chairman, Mark Warner of Virginia, said in a joint statement Thursday. Trump initially said on Twitter that his phones at Trump Tower were “wire tapped” by former President Barack Obama during the campaign. Trump walked that claim back on Wednesday, telling Fox News that “‘Wiretap’ covers a lot of different things.” He also suggested that ... Lire
  • eb Gazprom reaches provisional gas deal with EU - The provisional deal reached between Russian gas giant Gazprom and the EU Monday will enable the free flow of gas in Central and Eastern Europe at competitive prices, says the Commission. The EU executive is now inviting comments from interested parties on the commitments submitted by Gazprom to address the Commission’s competition concerns as regards gas markets in Central and Eastern Europe. Competition Commissioner Margrethe Vestager welcomed Gazprom’s commitments, saying they “address our competition concerns and provide a forward looking solution in line with EU rules.” She said they would “help to better integrate gas markets in the region. This matters to millions of Europeans that rely on gas to heat their homes and fuel their businesses.” … Read more : EUBusiness, 13.03.2017
  • israel Israël lance des bombardements en Syrie, Damas échoue dans sa riposte - Des raids aériens israéliens ont été lancés dans la nuit du vendredi 17 mars 2017 en Syrie. Plusieurs cibles ont été visées. En représailles, trois missiles ont été tirés depuis le territoire administré par le régime de Damas. Ils n’ont pas fait de dégât. Cet accrochage est le plus sérieux entre les deux pays, toujours officiellement en guerre depuis le début du conflit civil syrien, il y a six ans. Avec notre correspondant à Jérusalem,  Guilhem Delteil Depuis six ans, l’armée israélienne scrute attentivement l’évolution de la situation en Syrie. Le régime de Bachar el-Assad est soutenu par le grand ennemi d’Israël : le Hezbollah. Et le gouvernement israélien s’inquiète de voir le mouvement libanais renforcé par ce conflit. A plusieurs reprises, des positions du régime syrien et des convois d’armes ... Lire
  • alj Israel carries out air strikes inside Syria - The Israeli army says its aircraft have carried out several strikes inside Syria overnight, prompting Syrian forces to retaliate with ground-to-air missiles, one of which was intercepted. It was one of the most serious incidents between the two countries, which remain technically at war, since civil war broke out in Syria in March 2011. In response of Thursday night’s attack, the Syrian government deployed air defence systems and fired a number of missiles towards Israeli jets, Israeli daily Haaretz reported. None of the missiles struck the jets, the army said, though one of the projectiles was intercepted by Israel’s Arrow missile defence system north of Jerusalem, according to Haaretz. “Overnight … aircraft targeted several targets in Syria,” an Israeli army statement said. “Several anti-aircraft missiles were launched from Syria following ... Lire
  • Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson Légère baisse du pétrole à New York, les Saoudiens au centre du jeu - Les cours du pétrole ont terminé en légère baisse jeudi, résistant à une rechute plus marquée grâce à des commentaires jugés encourageants de l’Arabie saoudite. Le baril de “light sweet crude” (WTI), référence américaine du brut, a perdu 11 cents à 48,75 dollars sur le contrat pour livraison en avril au New York Mercantile Exchange (Nymex). A Londres, le cours du baril de Brent de la mer du Nord a concédé 7 cents à 51,74 dollars sur le contrat pour livraison en mai à l’Intercontinental Exchange (ICE). Les prix baissaient plus nettement en cours de séance “quand ils ont reçu le soutien de déclarations du ministre saoudien de l’Energie se disant prêt à agir si les stocks restaient plus élevés que la normale”, a rapporté John Kilduff, de Again Capital. ... Lire
  • bloom Trump Plans Historic Cuts Across Government to Fund Defense - President Donald Trump is proposing historically deep budget cuts that would touch almost every federal agency and program and dramatically reorder government priorities to boost defense and security spending, although it’s likely to face a fight in Congress. The president’s fiscal 2018 budget request, which will be formally delivered Thursday to U.S. lawmakers, would slash or eliminate many of the Great Society programs that Republicans have for decades tried to peel back while showering the Pentagon and Department of Homeland Security with new resources. House Speaker Paul Ryan said in a statement Thursday he welcomed the Trump blueprint because it “turns the page from the last eight years” of President Barack Obama, though he did not go as far as endorsing specific, individual department reductions. Senate Minority Leader Chuck Schumer ... Lire
  • saudi Oil Erases Losses, API Said to Report U.S. Crude Stockpile Drop - Oil erased losses after an industry report was said to show U.S. crude stockpiles unexpectedly fell last week. Inventories declined by 531,000 barrels last week, according to an American Petroleum Institute report Tuesday, people familiar with the data said. Analysts surveyed by Bloomberg said stockpiles probably increased by 3.13 million barrels last week ahead of an Energy Information Administration report on Wednesday. A draw in crude inventories would be the first decline since December when compared with EIA data. Saudi Arabia raised its production back above 10 million barrels a day, yet OPEC’s largest producer was said to have put its extra February oil output into domestic storage. Oil broke below the $50-a-barrel level last week for the first time since December as rising U.S. crude inventories and output counteracted reductions ... Lire
  • Erdogan Invokes Srebrenica Massacre as Dutch Crisis Deepens - Turkish President Recep Tayyip Erdogan sharply escalated a diplomatic confrontation with the Netherlands, blaming the nation’s “corrupt” character for the 1995 massacre of thousands of Bosnians under the watch of a Dutch contingent of peacekeepers. “We know the Dutch from the Srebrenica massacre. We know how their character is corrupt from the massacre of 8,000 Bosnians,” Erdogan said on Tuesday in a televised speech in Ankara. He spoke a day after Turkey announced it would bar the Dutch ambassador from re-entering the country in retaliation for the Netherlands’ decision to deny entry to Turkish ministers campaigning to expand Erdogan’s powers. The Srebrenica massacre — acknowledged by the United Nations as the deadliest such crime on European soil since the organization’s founding at the end of World War II — was ... Lire
  • eubusiness2 Tusk re-elected EU president despite Polish objection - European leaders at a summit in Brussels Thursday re-elected Donald Tusk as European Council president, despite angry objection from the eurosceptic right-wing government of his home country Poland. An emotional Mr Tusk, re-elected by nearly all Member States of the EU, said he would “continue to work for a better and more united Europe with all Member States, without exception.” The Polish government said it did not want to deal with Mr Tusk, who was Poland’s prime minister for 7 years, but it was left out on a limb when it tried to find support to block Mr Tusk’s re-election. Mr Tusk, who has been appointed for a second term of two and a half years, till 30 November 2019, is the second full-time President of the European Council, following ... Lire
  • Turkey bans Dutch ambassador as diplomatic crisis escalates - Turkey has suspended high-level political contacts with the Netherlands and threatened to re-evaluate a key deal to halt the flow of migrants to Europe in a dramatic escalation of its diplomatic row with EU member states. Numan Kurtulmuş, a deputy prime minister and chief government spokesman, said on Monday that the Dutch ambassador, who is on leave, would not be allowed to return in response to a ban on Turkish ministers speaking at rallies in the Netherlands. Turkey would also close its airspace to Dutch diplomats, Kursulmuş said, adding: “There is a crisis and a very deep one. We didn’t create this crisis or bring to this stage … Those creating this crisis are responsible for fixing it.” The spokesman’s remarks came hours after President Recep Tayyip Erdoğandefied pleas from ... Lire
  • Traders joke around on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2017. REUTERS/Brendan McDermid Wall Street on hold before U.S. rate decision; oil at three-month lows - Major U.S. stock indexes paused on Monday as investors braced for a potential U.S. interest rate hike by the Federal Reserve later in the week, while oil prices hovered near three-month lows. The dollar steadied against a basket of currencies after touching a two-week low. Friday’s strong U.S. employment report solidified a view among Wall Street’s top banks that the Federal Reserve will boost interest rates when its policymakers meet this week. With a rate hike widely expected, market watchers will be looking for signals about the pace of future increases. “Other than the Fed on Wednesday, I don’t see anything going on to make any decisions on,” said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont. The Dow Jones Industrial Average fell 21.5 points, or ... Lire
  • gu BJP landslide in Uttar Pradesh a boost for India prime minister Narendra Modi - India’s ruling Bharatiya Janata party (BJP) has won control of the country’s most populous and influential state by an unexpectedly large margin, cementing Narendra Modi’s dominance of Indian politics and putting the prime minister on track for re-election in 2019. Final results released by the Indian election commission on Saturday showed the BJP had won 311 of 403 seats in Uttar Pradesh, enough to form a rare majority government in the north Indian state of 220 million people. Its chief rival, a coalition between the Congress and the incumbent Samajwadi party, had won just 54 seats and was leading in one more. As the scale of the victory became clear, Modi tweeted that he was overjoyed his party had “received unprecedented support from all sections of society”… Read more : The ... Lire
  • eubusiness EU defence ministers agree joint military HQ - EU foreign affairs and defence ministers agreed Monday to establish joint military headquarters for the planning and conduct of non-executive military missions initially in Somalia, Central Africa and Mali. The Council’s conclusions set out progress achieved in implementing the EU global strategy in the area of security and defence. The conclusions assess what has been done to implement the various lines of action agreed by the European Council on 15 December 2016. They form the basis of a report for the European Council of 9 and 10 March 2017. “EU foreign and defence ministers meeting jointly today all gave a very clear message: we are progressing steadily towards strengthened defence cooperation and we will continue to do more,” said the EU’s High Representative for Foreign Affairs and Security Policy Federica ... Lire
  • china China calls for stop to North Korea missile tests and US-South Korean military drills - Amid growing tension in the Korean peninsula, China proposed on Wednesday that North Korea could suspend its nuclear and missile activities in exchange for a halt of the military drills held by the US and South Korea. This could be a first step to prevent a “head-on collision,” Foreign Minister Wang Yi said. “The two sides are like two accelerating trains coming toward each other with neither side willing to give way,” Wang told reporters. “Our priority now is to flash the red light and apply the brakes on both trains.” “This ‘suspension for suspension’ can help us break out of the security dilemma and bring the parties back to the negotiating table,” he said. Pyongyang shot four ballistic missiles towards US bases stationed in Japan on Monday, with all four ... Lire
  • logo Wikileaks :’Cyberwar’ programs are a serious proliferation risk - Today, Tuesday 7 March 2017, WikiLeaks begins its new series of leaks on the U.S. Central Intelligence Agency. Code-named “Vault 7” by WikiLeaks, it is the largest ever publication of confidential documents on the agency. The first full part of the series, “Year Zero”, comprises 8,761 documents and files from an isolated, high-security network situated inside the CIA’s Center for Cyber Intelligence in Langley, Virgina. It follows an introductory disclosure last month of CIA targeting French political parties and candidates in the lead up to the 2012 presidential election… Read more : Wikileaks, 07.03.2017
  • bs May and Kenny to discuss Northern Ireland at summit - The leaders of the United Kingdom and Ireland will discuss the Northern Ireland election results at Thursday’s EU summit in Brussels, they announced on Sunday (5 March). UK prime minister Theresa May and taoiseach Enda Kenny spoke on the phone about “their shared commitment to work with the parties to move forward and create a stable administration which ensures a strong, peaceful and prosperous Northern Ireland”. Over the weekend, the election results showed that most people in Northern Ireland still vote sectarian. “Some day Northern Ireland will vote as a normal democracy,” said Mike Nesbitt, who stepped down as leader of the Ulster Unionist Party after his party’s poor showing at Thursday’s elections for Northern Ireland’s local assembly. “We will vote in a post-sectarian election, but it’s now clear it ... Lire
  • cnbc India’s oil boom: Growing into role as No. 1 in global demand - India is moving into position to be the biggest driver of global oil demand growth, and it is seeking new investment in its own energy industry. India’s energy minister announced a new round of bidding for upstream and downstream investments on Monday. “We want to increase our production. We want to invite investment,” said Shri Dharmendra Pradhan, the country’s minister of petroleum and natural gas, speaking at the annual CERAWeek conference in Houston. “I must tell you there was never a better time to be in India. I encourage both existing and new players to come forward and avail the opportunity,” he said in prepared remarks. Just before the minister addressed media, Fatih Birol, International Energy Agency executive director, told reporters that India and China would be responsible for about ... Lire
  • euobs Hollande: EU will be multi-speed or will ‘explode’ - A multi-speed Europe, where some countries integrate more than others, is necessary to avoid the bloc “exploding”, the French president has said ahead of a meeting of four countries to prepare plans. “Europe at 27 cannot be anymore the uniform Europe at 27,” Francois Hollande said in an interview with six European newspapers published on Monday (6 March). “For a long time, this idea of a differentiated Europe, with different speeds and distinct paces to progress, has provoked a lot of resistance. But today this idea is necessary. Otherwise Europe explodes,” he said. Hollande gave interviews to France’s Le Monde, Germany’s Sueddeutsche Zeitung, Italy’s La Stampa, Spain’s La Vanguardia, Poland’s Gazeta Wyborcza and Britain’s The Guardian. The interviews were held ahead of a meeting in Versailles on Monday between France, ... Lire
  • chinadaily Seoul should stop dancing to wrong tune of THAAD - The Republic of Korea’s defense ministry signed a land swap deal with Lotte Group on Tuesday to deploy the Terminal High Altitude Area Defense anti-missile system in the country, which China and Russia believe will further compromise regional security. Reports say THAAD could be installed as early as June, before the ROK elects a new president. That THAAD’s deployment will escalate tensions on the already tense Korean Peninsula is a foregone conclusion. The missile interceptor, which is to be deployed at the forefront of the United States’ anti-missile system in West Pacific, not only makes the ROK an expendable chess piece in Washington’s “rebalancing to Asia” game, but could also trigger a new “cold war” in Northeast Asia where distrust already prevails. On Thursday, China’s Ministry of Commerce spokesman Sun ... Lire
  • dw Former journalist Juan Thompson arrested on suspicion of threatening Jewish centers - A former journalist has been arrested in relation to threats to Jewish centers across the US. There have been more than 100 bomb threats against US Jewish organizations since the start of the year. A former journalist was arrested in St. Louis by the Federal Bureau of Investigation Friday over bomb threats to Jewish organizations across the US in an attempt to frame an ex-girlfriend. The arrested man, Juan Thompson, was charged with cyberstalking and appeared in federal court. His lawyer did not comment on the case. Thompson started making threats on January 28 according to a criminal complaint. In the complaint, an email account that was made to appear it came from his ex-girlfriend threatened the Jewish History Museum in New York City (pictured above), saying Thompson “put two ... Lire
  • alj Iraq says 14,000 people fled western Mosul in one day - A rapidly increasing flow of people is pouring out of western Mosul, fleeing fierce battles between Iraqi security forces and ISIL fighters, as medical workers warned that women and children have been exposed to toxic gas near the city. Iraq’s interior ministry said on Friday that 14,000 people fled the northern Iraqi city on Thursday alone, the largest wave of internally displaced people (IDPs) since a US-backed operation in west Mosul was launched on February 19. The total number of IDPs who fled western Mosul since the start of the military push has reached 46,000, the ministry said. The announcement followed a previous statement by the United Nations warning that around 4,000 civilians were fleeing the city, ISIL’s last major urban stronghold in Iraq, each day. Al Jazeera’s Stefanie Dekker, reporting ... Lire
  • Peugeot-Citroen strikes deal with GM to buy Vauxhall-Opel - The French company that owns Peugeot and Citroen has struck a deal to buy General Motors’ (GM) European unit, including the Opel and Vauxhall brands. PSA is on its way to becoming Europe’s second-largest carmaker. Ahead of a press conference in Paris on Monday, French carmaker PSA announced the acquisition of General Motors’ (GM) European subsidiary, which includes the Opel and Vauxhall brands, for 1.3 billion euros ($1.38 billion). PSA said in a statement it was also buying GM Europe’s financial operations for 900 million euros in a joint deal with bank BNP Paribas. With GM’s Opel and Vauxhall operations, PSA would become Europe’s second-largest carmaker behind Volkswagen, but overtaking Renault-Nissan. The takeover includes six assembly plants and five component-making facilities and some 40,000 employees. PSA CEO Carlos Tavares said the firm was ... Lire
  • globalisation Globalisation’s not dead, it just has a new powerhouse – Asia - The so-called anti-globalisation wave has become one of the most popular themes for panel discussions, articles, television programmes and the like. Don’t take it too seriously. Globalisation cannot be stopped. No matter what particular political leaders say and anti-immigration proponents take to the streets to demand, interdependence is growing. The volumes of goods, services and capital crossing borders continue to increase, and so do the numbers of people working outside their home countries. What we are really witnessing is not the halt of globalisation, but the rise of anti-globalisation sentiments that translate into policies negatively influencing international macroeconomic activities as well as everyday lives. But globalisation goes on, just changing its forms, channels and leading actors. Anti-globalisation sentiments are spreading in America and Europe, but definitely not in Asia, the ... Lire
  • cliff US Isolation. When global finance turns away from the dollar system, it means the cliff is near - The United States has been voluntarily isolating itself from the rest of the world, and not just from a geopolitical point of view. This terrible isolation can only get worse, whatever the result of the presidential election: if Trump wins, it will be due to a lack of foreign policy; in the case of Clinton, her iron-fist will have a word. Another domain, namely finance, which has so far been spared, is being added to this political dimension; something which has always been at the centre of America’s power in the world. No wonder this happens at the very moment the US can no longer hold itself. The Deutsche Bank case: a very useful scarecrow  When in trouble, the US always uses the same method, which consists of hiding its ... Lire
  • erdogan Erdogan says Yucel was a PKK plant with German support - President Recep Tayyip Erdogan has accused an arrested newspaper reporter of being a “German agent.” Multiple German cities have banned rallies of support for Erdogan’s presidential referendum. As the spat between Ankara and Berlin becomes increasingly angry, President Recep Tayyip Erdogan called Deniz Yucel, a Die Welt reporter with dual nationality, a “German agent” and a member of the Kurdistan Workers’ Party (PKK). “This person hid in the German embassy as a member of the PKK and a German agent for one month,” Erdogan told an awards ceremony in Istanbul on Friday. Turkey has charged Yucel with propaganda in support of a terrorist organization. Authorities say he spread propaganda for both the banned PKK and the movement of exiled cleric Fethullah Gulen, whom Erdogan has accused of masterminding a military coup in ... Lire
  • trump Is anti-Semitism truly on the rise in the U.S.? It’s not so clear. - It’s been a bad 2017 for Jews. During the month of January, 48 bomb threats were called in to Jewish community centers across the country. Also last month, a neo-Nazi made national news by promising to hold a march in Whitefish, Mont., to intimidate the town’s small Jewish population. It was thus unsurprising that two reporters were moved to ask President Trump at Thursday’s news conference about a rise in anti-Semitism — and that many of us were aghast at Trump’s rude dismissal of the first reporter, an Orthodox Jew, and Trump’s unwillingness to take the question seriously. But here’s the thing: As bad as 2017 has been for anti-Semitic incidents, 2016 wasn’t great, either. Nor was 2015, when the Anti-Defamation League reported 90 anti-Semitic incidents on campuses, twice as ... Lire
  • dw DUP edges out Sinn Fein in Northern Ireland post-Brexit vote - The Democratic Unionist Party has won Northern Ireland’s elections. The nationalist Sinn Fein, the DUP’s erstwhile governing partner, enjoyed a historic surge in support. The Democratic Unionist Party won Northern Ireland’s parliamentary elections, according to results announced Saturday, edging ahead of Sinn Fein by a single seat. At 65 percent, voters turned out in their highest numbers in Thursday’s vote, the UK’s first regional election since last summer’s Brexit referendum. “Let us now move forward with hope – hope that civility can return to our politics,” Northern Ireland First Minister Arlene Foster, who appeared likely to step down as head of the DUP, said after the results emerged. Sinn Fein pressed Foster to step down pending an investigation of a botched energy scheme that could cost taxpayers 500 million pounds (609 ... Lire
  • saudi What Saudi king Salman wants from his tour of China, Malaysia - The spectacle of Saudi King Salman’s tour of Asia is matched by its significance. Attention has focused as much on his 1,500-strong entourage and their 459 tons of luggage – roughly the weight of two Boeing 787 Dreamliners – as it has on expectations of billions of dollars in investment. To be sure, economics is high on the Saudi leader’s agenda. Salman is looking at both strategic investments in Asia as well as Asian investments in the kingdom that will help it diversify its economy and strengthen ties to China and major Muslim nations in an era of uncertainty about the United States’ place in the world. Yet Salman’s geopolitical concerns go far beyond whether the US remains a reliable guarantor of regional security. Saudi Arabia is locked into a ... Lire
  • yellen Yellen Hints at More Aggressive Rate Path Upon Locking in March - Federal Reserve Chair Janet Yellen left little doubt on Friday that the central bank will raise interest rates this month. More importantly, she dropped hints that it might end up having to increase them this year more than planned. In a speech to The Executives’ Club of Chicago, Yellen singled out the danger of the central bank being too slow in boosting rates. “We realize that waiting too long to scale back some of our support could potentially require us to raise rates rapidly sometime down the road, which in turn could risk disrupting financial markets and pushing the economy into recession,” she said. Yellen all but declared that the Federal Open Market Committee would increase rates for the first time this year at its March 14-15 meeting, saying that ... Lire
  • euobs Serb minister love-bombs EU - The EU and Serbia have moved a step closer despite regional and geopolitical tensions in the Western Balkans. Ministers from both sides began talks on Serbia’s alignment to EU norms in education and culture at an event in Brussels on Monday (27 February). Serbia is now in negotiations on eight out of 35 chapters in the EU accession rulebook. Malta’s deputy prime minister Louis Grech, speaking for the Maltese EU presidency, said there was also “progress” in three other areas – on customs union, company law, and intellectual property rights. Jadranka Joksimovic, Serbia’s chief of EU integration, said some of these chapters might be opened by the end of June. She noted that Dutch, French, and German elections, where anti-EU and anti-immigrant forces were on the rise, could make Europe ... Lire
  • independent Why the London Stock Exchange-Deutsche Börse merger has been destined to fail for months - Third time unlucky for the London Stock Exchange‘s attempts to secure a tie up with Deutsche Börse? It’s looking that way. Out of the blue, the London side said it couldn’t sell off bond exchange MTS to keep Europe’s competition watchdogs sweet because that would upset Italy, which relies on MTS, and its regulators and could ruin its business in the country. London’s merger with Deutsche has umpteen issues, but no one saw MTS as being among them, until the EU’s competition watchdogs all but demanded its sale as the price for clearing the deal. The LSE doesn’t think it can do that without spoiling the party. With a fortune having been spent on making the merger work, it insists that it will still continue to pursue it, while growling about ... Lire
  • euobs ‘Serious’ fighting in Europe’s oldest war - European and US diplomats have urged Armenia and Azerbaijan to back off from a wider confrontation after the latest flare-up in fighting in Europe’s oldest ongoing war. The French, Russian, and US envoys to the Minsk Group, which mediates in the conflict, reminded the warring parties of their “commitments to refrain from the use of force.” They also urged them, in a statement on Sunday (26 February), to “keep heavy military equipment … in its present positions and to allow recovery of the dead.” They said there had been “serious” fighting in the early hours of Saturday morning and that “several bodies remain in the no-man’s land” that separated the two sides’ trenches. With no international monitors at the scene, they added: “The sides accuse each other of an incursion ... Lire
  • scmp Why a few American marines in Taiwan pose so many problems for China-US ties - US President Donald Trump’s decision to deploy marines at a US representative’s office in Taiwan is yet another challenge to Beijing’s most cherished one-China principle. It follows a string of recent controversial actions from Trump, including his phone call with Taiwanese President Tsai Ing-wen and his open remarks questioning the US commitment to honour the longstanding policy. Stephen Young, former head of the American Institute in Taiwan (AIT), Washington’s de facto mission to Taiwan, said uniformed officers would guard its new Taipei office upon its completion later this year. William Stanton, another former AIT director, has also confirmed the decision. Echoing the news, Taiwanese Minister of Foreign Affairs David Lee Ta-wei said Taipei would discuss with Washington sending a similar defence force to its de facto embassy in the US… ... Lire
  • bloom Central Bank Independence - After inflation ran amok in the 1960s and 1970s, many central bankers fought for, and won, more freedom to set interest rates and make other monetary policy decisions without political interference. Their shields began to crack after the 2008 financial crisis. In the years since the bankers deployed trillions of dollars to save the global financial system, the public’s faith in their work has been falling. Critics say independent central banks are too secretive and put the banks’ interests before taxpayers’, so it’s time for more public control. Central bank officials counter that they need to be free from political pressures to do their job of curbing inflation, promoting full employment and maintaining financial stability. But the “trust us” mantra is increasingly a tough sell… Read more : Bloomberg, 14.02.2017
  • msn Trump : après les fausses nouvelles, les faux chiffres ? - Manipulations et compagnie. Que ce soit un faux attentat en Suède ou le nombre de personnes ayant participé à son investiture, le nouveau président américain s’est fait spécialiste des distorsions et des “fake news”. Rien n’est trop gros pour le président américain tant que ça sert son discours ! Et il ne compte pas en rester là. Comme l’a relevé “Le Monde” dans les colonnes du “Wall Street Journal”, le président américain entend désormais s’attaquer aux statistiques. Renégocier l’accord de libre-échange Selon le quotidien économique, son équipe a demandé aux statisticiens … Lisez la suite sur MSN, 26.02.2017
  • fp Germany’s Far-Right Party Hits New Low in Polls - Germany’s far-right Alternative für Deutschland party fell to its lowest polling point in seven months, hinting that the Trump tidal wave is not one Germans are eager to ride. A poll by the Institute Allsenbach and Frankfurter Allgemeine Zeitung asked whom respondents would vote for if elections were held Sunday. Just 8.5 percent said AfD, led by Frauke Petry — the first time since July the extreme right-wing party has slipped below the 10 percent threshold, and its worst poll numbers since Dec. 2015. Another poll, conducted by Forsa Institute and Stern magazine, had AfD at just 8 percent… Read more : Foreign Policy, 23.02.2017
  • bloom Boeing to Open Its First European Plant in Post-Brexit U.K. - Boeing Co. plans to open its first ever European factory in Sheffield, northern England — delivering a vote of confidence in the U.K.’s manufacturing capabilities as the country prepares to exit the European Union. The 20 million-pound ($25 million) facility will supply parts for Boeing’s 737 short-haul workhorse and the 777 wide-body, specializing in actuation systems that extend and retract an aircraft’s wing flaps in different phases of flight. The move advances Boeing’s plans to increase in-house manufacturing of actuator components in order to boost production efficiency, enhance quality control and reduce supply-chain costs, the U.S. company said in a statement Friday. The 25,000 square-foot plant will initially employ 30 people, with recruitment starting next year. “Our decision to start manufacturing high-value components in the U.K. is a step-change in ... Lire
  • dw US no longer Germany’s top trade partner - The US is no longer Germany’s most important trade partner, but China, fresh figures from the statistics office have suggested. With Washington now pursuing a protectionist agenda, that’s unlikely to change. In 2016, China for the first time became Germany’s most important trading partner, toppling the United States, which fell back to third place behind France. German imports from and exports to China rose to 170 billion euros ($180 billion), Reuters reported after reviewing figures from the National Statistics Office (Destatis). The development may be seen in a positive light in Berlin, with the German government coming out as a supporter of global free trade after US President Donald Trump threatened to impose hefty tariffs on imports and his top adviser on trade accused Germany of exploiting a weak euro ... Lire
  • dw UN watchdog: Iran complying with nuclear deal - The UN atomic watchdog has said Iran is complying with the nuclear deal reached with international powers. The IAEA also said verification had continued in line with the agreement. Iran is complying with the nuclear deal reached with international powers in 2015, the UN atomic watchdog said in its latest quarterly report on Friday. The International Atomic Energy Agency (IAEA) said that Iran’s stock of low-enriched uranium was 101.7 kilograms (225 pounds), far below the 300 kilograms limited by the deal. Low-enriched uranium can be used for nuclear power and other peaceful purposes, but when further enriched can be used to make a nuclear weapon. The United States, Britain, France, Germany, China and Russia reached the accord with Iran in 2015. In exchange for Iran limiting its nuclear program punishing ... Lire
  • india HOW INDIA COULD TRUMP CHINA AS US POLICY SHIFTS – IN 12 CHARTS - Neighbours and rivals, China and India have the distinction of being the world’s two most populous nations. With between 1.3-1.4 billion people each, they account for 36.5 per cent of humanity. But the similarities largely end there. Over the past three decades, China has become much more prosperous than India, with an economy five times larger. While India’s 4-8 per cent growth rate has been quite solid, it lags China’s red-hot pace, which topped 10 per cent for much of the past few decades. However, this dynamic has begun to change. Since 2015, India’s economy has begun to pull ahead of China’s. The drivers of China’s economic miracle, namely, a productivity-enhancing transition from being rural to urban based, and the impressive buildup of infrastructure are past the point of diminishing ... Lire
  • asean ASEAN Neutrality: A Strategic Windfall For China - China will likely receive a strategic windfall over the next decade as each of the member countries of the Association of South East Asian Nations (ASEAN) increasingly embrace neutrality along the lines of Finland, Sweden or Switzerland— an unintended consequence of Washington’s withdrawal from the Trans-Pacific Partnership (TPP) trade initiative. From the perspective of the ASEAN countries (the Philippines, Thailand, Malaysia, Brunei, Indonesia, Singapore, Myanmar, Laos, Cambodia and Vietnam), this U.S. economic disengagement from Asia is a leading indicator of a shift in American grand strategy away from an expansive, multi-faceted approach involving economic, political and military dimensions to one that is more narrowly focused on a military security strategy aimed at establishing a virtually impregnable defensive line (in a conventional military sense) in the Western Pacific running from Japan ... Lire