UK - Michael Gove has compared economic experts warning about Brexit to Nazis who smeared Albert Einstein’s scientific findings during the 1930s. Mr Gove, who chairs the Vote Leave campaign, also suggested that he may quit the Government if Britain votes to stay in the EU because David Cameron will not be able to meet his pledge to control migration.
EUROPE - Europe’s banks are still buying more of their home governments’ bonds, even though the enormous exposures between states and financial institutions risk re-starting the so-called ‘doom loop’ that damaged the Greek economy so badly.
SPAIN - The Spanish prime minister, Mariano Rajoy, has warned against a possible shock victory by Podemos in Sunday’s general election as the hard Left, anti-austerity party surges to just three points behind the ruling Popular Party (PP) in opinion polls. At a campaign stump in Malaga on Monday, the conservative Mr Rajoy called on “all moderate, sensible and balanced voters to unite” in order to ensure that Podemos does not pull off what would be an astonishing win for a party formed just two years ago. “Radicalism and extremism can only be stopped by a coalition of people behind the Popular Party,” Mr Rajoy declared.
UK - Just yesterday, we recounted the story of “Black Wednesday” when on September 16, 1992, the UK was forced out of the EU’s exchange-rate mechanism, or ERM, when the BOE tapped out and allowed the British pound to float freely, leading to 15% losses in sterling. As we noted, this was George Soros’ infamous trade which “broke the Bank of England” and made the Hungarian richer by over $1.5 bilion.
USA - In another devastating blow to the 4th Amendment, on Monday, the Supreme Court ruled that evidence of an alleged crime can be used against a defendant even if police did something inappropriate or even illegal to obtain it. In a split 5-3 decision, the justices voted to reinstate the drug-related convictions of Joseph Edward Strieff. In the case of Strieff, he was illegally detained during a “concededly unconstitutional detention,” which eventually led to the discovery of drugs inside his vehicle. In Strieff’s case, a trial court judge later found that the officer did not have enough evidence to initially stop and question him. But the judge ruled that Strieff’s subsequent arrest on an outstanding traffic warrant justified the search — implying that the use of criminal behavior to catch criminal behavior is just.
USA - The entire Los Angeles metropolitan area and most of Southern California can expect blackouts this summer. The power grid is under direct threat as a result of the unprecedented, but little reported, massive natural gas leaks at Alisco Canyon that have been ongoing for four months as an intense summer heat wave sets in.
EUROPE - Why is the European project facing an existential threat this week? In the recent words of European Union president Donald Tusk: “The spectre of a breakup is haunting Europe.” In perhaps the frankest admission ever to come out of Brussels, he said: “Obsessed with the idea of instant and total integration, we failed to notice that ordinary people, the citizens of Europe, do not share our Euro enthusiasm.” Thus did he dismiss the utopian dreams of the forerunners of the EU and the subsequent “naive Euro-enthusiastic visions of total integration”.
GERMANY - I remember a freezing night in December 2007. In Görlitz, Germany’s easternmost city, thousands of Germans and Poles cheered, drank beer and bubbly and embraced as the border checkpoint was dismantled. Poland had joined the Schengen area, and Germany’s last frontier was now open. It was a night fraught with symbolism. Görlitz is on the river Neisse, the border imposed on Germany after the second world war. And the last Germans who had taken down toll barriers to Poland had been Hitler’s soldiers in August 1939.
GERMANY - Germany is growing increasingly concerned at the antics of EU Commission president Jean-Claude Juncker and is seeking allies in Brussels to reign him in. Berlin was horrified at his recent trip to Russia - seen as a propaganda coup for Putin - and his remarks that the body he leads is a "political commission."
ITALY - The Italian political landscape was reshaped on Monday as two candidates from the anti-establishment Five Star Movement (M5S) were elected to lead the cities of Rome and Turin, presenting a direct challenge to the centre-left prime minister, Matteo Renzi. Virginia Raggi, the M5S candidate in the Italian capital, declared a “new era” after winning 67% of the vote in a runoff ballot against the Democratic party’s (PD) Roberto Giachetti, who conceded defeat less than an hour after polls closed. “The result is above all expectation,” Raggi, 37, said in her victory speech. “It really is a historic result, and we must work every day for the next five years, because it will be tough. We know how Rome is, but the tougher it is, the greater it will be. We will succeed in doing what we have planned to do.”
GREECE - In a four-hour Orthodox Christian service, the heads of the autocephalous Orthodox Churches concelebrated the Divine Liturgy on the great feast of Pentecost at the Metropolitan Church of Saint Menas in Heraklion on Sunday, June 19, 2016.
USA - This brave local hero could lose his badge for refusing to cover up some very damaging information about the angry mobs rioting at Donald Trump rallies – but he did it anyway in an amazing example of patriotism. Liberals “bused in” the angry mob protesting Trump and attempting to harass American voters who merely wanted to hear a presidential candidate speak. When talking to a calmly walking group of Donald Trump supporters, the police officer said, “We are going to push the protesters to that side of the street away from y’all so they can get to their buses so they’re not causing problems.” “Why do they have problems,” a citizen journalist is heard asking the police officer. “They got bused in,” the officer said again, with at least a hint of exasperation on his face. The Donald Trump supporters stood patiently on the sidewalk and waited for the street to be unblocked so they could walk to their cars.
USA - The city recorded its 300th homicide this weekend and went on to record six others over a 60-hour period that saw 59 people shot, 13 fatally, from Friday afternoon through early Monday morning. So far this year, about 1,800 people have been shot across the city and more than 200 of those wounded have died of their wounds, according to records kept by the Chicago Tribune. A total of 306 people have been killed this year by shooting, stabbing or other means, Tribune records show.
USA - “For the first time since the demise of the civil defense program of the Cold War, the federal government has made one of the most significant modifications to its emergency preparedness message,” wrote Manto, CEO of Instant Access Networks LLC, a firm that produces solutions for EMP-protected microgrids. “A three-day emergency kit is no longer sufficient to prepare for emerging threats, whether coming from Earth or from space.”
UK - On 15 June 1215 King John put his seal upon Magna Carta. For more than 800 years, this declaration of rights and liberties has been the cornerstone of democracy, inspiring Thomas Jefferson and Mahatma Gandhi amongst others.