PUERTO RICO - Puerto Rico is going to default. In a television address made Sunday, Puerto Rican Governor Alejandro Garcia Padilla said the island's Government Development Bank would not make a $422 million payment due to its creditors by the end of business on Monday, according to Bloomberg.
GERMANY - For decades, Germany has supported the idea of a common European army. For various reasons, this target has not been accomplished. In the post–Cold War decades, the US commitment to European security and the relatively stable security environment relegated more ambitious European defense efforts to second-rank status.
CHINA - China and Russia will increase military exercises to strengthen security and defence cooperation amid growing tensions in the disputed South China Sea. Russian Defence Minister Sergey Shoigu unveiled the plan at a meeting with his visiting Chinese counterpart Chang Wanquan on Wednesday, Tass news agency reported. “We highly appreciate a high level of Russian-Chinese contact both at the state and defence levels,” Shoigu said. “This year we are going to hold more exercises and events than in past years.” Speaking on the sidelines of an international security conference in Moscow, Shoigu said the two nations would conduct both ground and naval exercises.
USA - The US economy has slowed to its weakest pace in two years, as plunging oil prices and global anxiety brought growth to a near standstill. The economy grew by just 0.1 percent in the first quarter of the year, according to the Bureau of Economic Analysis (BEA), well below the 0.4 percent gain of the previous quarter, and the 0.2 percent rise anticipated by analysts. The disappointing performance marked the third straight year in which US GDP figures have missed the estimates made by forecasters. Economists attributed much of the weakness to sliding business investment, knocked by jitters over the global economy and weak oil prices.
GERMANY - Der Spiegel says growing frustration with Netanyahu has led Berlin to conclude that a peace deal is impossible while he is in power. Germany is becoming increasingly frustrated with the policies of Prime Minister Benjamin Netanyahu and this can be seen in a shift in Berlin’s attitude toward the Jewish state, according to German magazine Der Spiegel.
GERMANY - Seventy-five years after the June 22, 1941 attack by Germany on the Soviet Union, which resulted in the deaths of some 40 million Soviet citizens, the German government is planning to establish command structures and permanently station German Army (Bundeswehr) soldiers on Russia’s borders.
GERMANY - Hundreds of left-wing protesters have clashed with people attending a far-right party conference in the German city of Stuttgart. Around 1,000 officers were deployed at the Alternative für Deutschland (AfD) party conference, as 400 arrests were made.
ISRAEL - With almost daily disturbances at the most contested and incendiary of holy sites, and with an increasing number of religious Zionists yearning for a Third Temple, Israeli activists walk a fine line between peaceful protest and provocation. But today, Israeli public perception of the ban on Jewish prayer has shifted. Through the fruits of a long-term concerted PR campaign, now using updated jargon calling for “freedom of religion” and “human rights,” the previously fringe Temple Mount movement — while still intent on fighting the status quo that is preventing Jewish prayer there — is increasingly mainstreamed. The movement that was once taboo and limited to extremist politicians has today garnered support from a who’s who of religious leaders, current MKs and even cabinet minister Uri Ariel, who has called for the building of the Third Temple on the Temple Mount.
CHINA - On Tuesday, reports emerged of North Korea preparing to launch another medium-range ballistic missile. "China fully complies with the UN Security Council resolution on North Korea… We stand for the denuclearization of the Korean Peninsula, call for maintaining peace and stability on the Korean Peninsula, stand for resolving problems through dialogue," Xi Jinping said on Thursday.
CHINA - China successfully flight tested its new high-speed maneuvering warhead last week, days after Russia carried out its own hypersonic glider test, according to Pentagon officials.
USA - “Four years old is a little young to see this whole movie,” Ben Affleck told the Associated Press a few weeks ago. When asked whether he would take his son to see “Batman v Superman: Dawn of Justice,” Affleck explained: “I don’t want him to have nightmares.” Indeed, one blogger lists “7 Reasons Why You Should NOT Take Your Kids to See Batman v Superman,” including foul language and brutal violence.
GERMANY - Such are the perils of speaking the truth. “Ultra low interest rate policies are 50 percent responsible for the rise of the Alternative for Germany party”, Wolfgang Schäuble said recently in a characteristically blunt assessment of growing support for Germany’s far right.
EUROPE - Plans for a United States of Europe have been drawn up in a bid to give Brussels bureaucrats an iron grip over the continent, it has been revealed. In a direct challenge to David Cameron’s claims of British sovereignty, Germany, France, Italy and Luxembourg signed a document last September in Rome calling for the creation of a “general union of states”, which has only now come to light.
GERMANY - A nuclear power plant in Germany has been found to be infected with computer viruses, but they appear not to have posed a threat to the facility's operations because it is isolated from the Internet, the station's operator said on Tuesday.
GERMANY - A military police unit has carried out European Union-funded special training, ready to be deployed in the event of civil unrest or war. The training, which took place in the German North Rhine-Westphalia province, was designed to prepare troops as part of the EU’s Lowlands Gendarmerie programme.