EUROPE - Europe urgently needs a 150 billion-euro ($166 billion) bailout fund to recapitalize its beleaguered banks, particularly those in Italy, Deutsche Bank AG’s chief economist said in an interview with Welt am Sonntag.
RUSSIA - Russia's Central Bank started buying Chinese yuan-denominated assets in the fourth quarter of last year, as Moscow seeks to diversify its foreign currency reserves and reduce its dependence on the US dollar. In the fourth quarter of 2015 Russia's Central Bank began holding assets in Chinese yuan, as Moscow seeks to diversify its foreign currency reserves to decrease dependence on the US dollar and reflect increasing trade links with China and other Asian markets. Both Russia and China have also been diversifying their assets by investing in gold.
USA - Operation Gladio is the code name for a secret underground army, directed by NATO, that operated throughout Europe from the end of World War II through 1996. Its purpose was to thwart the expansion of the Soviet Union.
USA - This is a call for demonstrations in Washington to stop the drive to World War III. In its pursuit of planet-wide dominance, the US government has over the past 15 years waged wars which have moved our planet step-by-step to the precipice of a nuclear war which can destroy our planet. It has initiated illegal wars of aggression which continue in various forms to this day in Afghanistan, Iraq, and Libya, while covertly financing and arming Jihadists in Syria and other countries.
EUROPE - A Belgian civil court has fined a Catholic home for the elderly €6,000 ($6,660) for interfering with a doctor trying to euthanize a patient. The case, decided last week, stands out in a country where assisted dying has become almost commonplace. Last year, according to official statistics, 1,926 patients were helped to end their lives in Belgium, including some people who were suffering from depression. “It is not unique for hospitals or nursing homes to try to prevent euthanasia,” says Dr Patrik Vankrunkelsven, a former senator and physician involved in the case against the Sint Augustinus home in Diest, near Brussels. “Usually they do so for ideological reasons.” Or, as they would say, religious ones. But that is illegal in Belgium, whose laws since 2002, like those in the Netherlands, support the right to die.
SWITZERLAND - The Swiss canton of Ticino has issued its first two fines to two people who violated the region’s newly-imposed law that bans Muslim women, both locals and tourists, from wearing burqas in public places.
USA - In a scenario that already is recurring, and likely will be repeated often in coming months – at least until the White House sees the last of Barack Obama – a school district has sued the federal government over his mandate that schools allow boys into girls’ lockers and showers, and girls into boys’.
GERMANY - "Dear start-ups, keep calm and move to Berlin." That is a new billboard slogan from one of Germany's political parties post Brexit. As the implications of the vote continue to reverberate through Berlin's establishment, it is the issues of security and economics that are dominating discussions in the halls of the Bundestag.
EUROPE - The smoke is beginning to clear. Some of the main outlines of the post-Brexit world are beginning to emerge. Markets have recovered from their immediate plunge. British politics have begun to stabilize. Life continues, as the French say.
GERMANY - Angela Merkel is facing a nightmare scenario after a leading German MP said Berlin needs to hold an EU Referendum. Sahra Wagenknecht called for Germany to let the people have their say on whether they want to sever ties with Brussels.
GERMANY - When NATO’s faithful gather to discuss the Alliance’s latest challenge, a flurry of adjectives fills the air — mercurial, unpredictable, self-righteous. The object of the frustration isn’t the bloc’s longtime nemesis to the east, however. It’s Germany.
UNITED NATIONS - International institutions exist to impose their radical vision on the whole world. Just a few days ago in Geneva disaster struck. Radical delegations from Europe have established the position of UN-LGBT Enforcer.
VATICAN - Pope Francis sent a video message to the participants in the gathering of the Together for Europe initiative – an initiative that brings together over 300 Christian Movements and Communities of diverse confessions from every part of the Continent. While preserving their independence, collectively they form a network to pursue shared goals, each bringing a contribution specific to their own charism.
VATICAN - It is time to take the verbal gloves off once again - especially, as the 2016 election campaign begins in the United States of America. It must be said that Nancy Pelosi is engaging in more than scandal. She is engaging in the "obstinate denial of truths which must be believed by every Catholic Christian". In other words, she is engaging in heresy. Heresy is the obstinate post-baptismal denial of some truth which must be believed with divine and Catholic faith.
USA - Five police officers were killed and another six injured when snipers opened fire on them from rooftops in Dallas at a protest on Thursday evening. One sniper has been killed while exchanging gunfire with authorities at a parking garage downtown, said Dallas Police Chief David Brown, while three others are in custody. Police officers surrounded a car park near El Centro College where an armed man was firing off rounds with a rifle.