EUROPE - Of all the issues EU officials would like to conceal from the British public ahead of next week’s referendum vote, the one that arguably poses the gravest threat to our future security is their proposal to establish a European defence force.
GERMANY - The yield on Germany’s 10-year government bund, Europe’s benchmark security, fell below zero for the first time on record, as investors’ seemingly insatiable demand for haven assets created another bond-market milestone. The nation joined Japan and Switzerland in having 10-year bond yields of less than zero. The plunge in yields, which has been driven by European Central Bank’s policy of negative interest rates and asset purchases, has accelerated amid a weakening global economic outlook and as polls indicate the “Leave” campaign in Britain’s European Union referendum is gaining momentum.
GERMANY - In an editorial, Britain's top-selling newspaper has come out in support of the country leaving the EU. The endorsement comes just as a new poll shows the "Leave" camp gaining support. "The Sun" printed the editorial - calling on Britons to vote "Leave" in an upcoming referendum on whether or not to remain in the EU - in its Tuesday edition.
UK - If Britain votes out of Europe, Germany's biggest banks would suffer a huge hit that would shake the eurozone's financial system to its core, a top policymaker in Frankfurt has admitted. The desperate head of Germany's financial watchdog Bafin said he wants the UK to remain in the union and is worried about how his country's banks would cope otherwise.
EUROPE - Few would have imagined that Adolf Hitler’s autobiography “Mein Kampf” would again become a bestseller in the 21st century. But that’s exactly what happened earlier this year with the expiration of a German state copyright that had been used to prohibit reprinting of the book.
UK - Eighty state schools are allowing boys to wear skirts and girls to wear trousers under new government-funded "gender neutral" uniform policies. The schools have either dropped references to girls and boys in their dress codes or have rewritten their uniform policy to say that pupils as young as five can dress in the uniform in which they feel most comfortable.
USA - Presumptive Republican nominee Donald Trump called Tuesday for rival Hillary Clinton to give back millions of dollars she accepted from countries that oppress women. "Here's a woman that takes all of this money from these countries and then she says she loves women," Trump told Fox News host Sean Hannity. "How can she be — they wanna kill, they throw them off buildings. They actually throw gays off buildings and she's taking money and I'm calling for her to give back all of the money she's taken from these countries," Trump said. The former secretary of state has received approximately $30 million from Saudia Arabia, Qatar and Brunei, Hannity reported. The trio of nations have various restrictions against women, including not being able to drive and vote.
EUROPE - Interesting news this week as Belgium-based Optima Bank has been shut down by both the National Bank of Belgium (which also acts as the Belgian regulating body) as well as the ECB. According to the national supervisor, the bank would have been unable to meet its commitments to its clients and was forced to cease all banking activities after some potentially fraudulent transactions were unveiled.
EUROPE - The spectre of an EU army has made an appearance during the referendum campaign, only to be dismissed as fantasy by the pro-EU lobby. It’s a fantasy, says the Guardian, for Eurosceptics, federalists and armchair generals. This dismissal would have been more convincing if an EU Battlegroup had not been on manoeuvres on Salisbury Plain recently.
GERMANY - At the center of the European Union is Germany, whose export-dependent economy is gradually falling apart. The German economy has thus far been able to avoid the crisis of the exporters that has affected every other major exporting country in the world - from the producers of manufactured goods like China and South Korea to commodity exporters like Russia and Saudi Arabia.
EUROPE - Amid a migrant crisis, sluggish economic growth and growing disillusionment with the European Union, far-right parties — some longstanding, others newly formed — have been achieving electoral success in a number of European nations. Here is a quick guide to eight prominent far-right parties that have been making news; it is not a comprehensive list of all the Continent’s active far-right groups. The parties are listed by order of the populations of the countries where they are based.
USA - "Biohackers" are putting microchips and magnets in their bodies for everything from unlocking the front door to detecting moon earthquakes. Tim Shank can guarantee he’ll never leave home without his keys. Why? His house keys are located inside his body.
CANADA - Toronto's Pride organizers say Justin Trudeau will become the first prime minister to participate in the festivities. Trudeau is expected to march in the parade on July 3. The city's first-ever Pride Month launches June 1 with a theme of belonging and inclusion. Along with Trudeau, Finance Minister Bill Morneau, Ontario Premier Kathleen Wynne and Toronto Mayor John Tory are also slated to take part in the festivities. Organizers have said gay Syrian refugees will have a place at the Pride events.
USA - Three of the most contentious questions in American culture and politics — gay rights, gun control and terrorism — collided in a horrific way in an Orlando nightclub early Sunday.
USA - In a surprising discovery, the Palm Beach Post first reported that according to state records, Orlando shooter Omar Mateen – who as we reported earlier was licensed as a security guard and also holds a firearms license – was employed by the US subsidiary of G4S plc, a British multinational security services company, whose US-headquarters are located in Jupiter, Florida, and which also happens to be the world’s largest security company by revenue.