GREECE - Greece will unleash a “wave of millions of economic migrants” and jihadists on Europe unless the eurozone backs down on austerity demands, the country defence and foreign ministers have threatened. The threat comes as Greece struggles to convince the eurozone and International Monetary Fund to continue payments on a £172 billion bailout of Greek finances.
GERMANY - Fresh trade data show Germany’s industry secured a windfall in revenue due to the easing of Iran sanctions. According to the Federal Statistical Office of Germany, German exports to the Islamic Republic in 2014 climbed by 30 percent to reach €2.4 billion. The strong revival of German-Iranian relations comes at a sensitive time for Israel. Germany and Israel are immersed in a series of celebratory events to remember the 50th anniversary of diplomatic relations.
USA - The German government finally wakes up, a little bit at least, and recognizes the obvious fact that US neocons want to drag Europe into a war. It is now openly blaming certain circles within the US government and NATO of sabotaging the Minsk ceasefire agreement. Especially offensive is the fantasy talk of US and NATO commander General Breedlove.
UK - Government debt has grown by $27 trillion in the eight years since the financial crisis, according to the McKinsey Global Institute. By and large, the story of the global economy is one in which emerging markets have loaded on debt, while the developed world has struggled to reduce the burdens it amassed in the wake of banking bail-outs and years of stagnant economic growth.
SAUDI ARABIA - According to the last publication by the Global Defense Trade Report, in 2014 Saudi Arabia has become the largest importer of military hardware in the world, surpassing nuclear powers such as India and China, which now rank second and third respectively. Meanwhile Israel, from among the 10 largest weapons exporters, has dropped from the sixth to the seventh slot as of 2014.
GERMANY - A split opened in Germany’s ruling coalition over the blocked sale of Leopard 2 tanks to Saudi Arabia as a growing number of lawmakers call for supporting an ally in the battle against terror. Signs that opposition to selling the Leopard may be weakening emerged last week as a 120-strong German delegation headed to Riyadh for talks with King Salman Bin Abdulaziz Al Saud and other Saudi leaders. The group is led by Economy and Energy Minister Sigmar Gabriel, who has partly justified a clampdown on the sale on Saudi Arabia’s human rights record.
IRAN - Iran’s Defense Ministry, in an unusual public display, on Sunday introduced a new cruise missile, the Soumar. The missile is very similar to the Russian Kh-55, which can carry nuclear or conventional warheads and has a range of 2,500 km (1,550 miles). This would enable the Iranians to hit targets not only throughout the Middle East but in eastern and southern Europe as well.
CHINA - When I arrived in Bangkok the other day, coming down the motorway from the airport I saw a huge billboard — and it floored me. The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”. Given that the Bank of China is more than 70% owned by the government of the People’s Republic of China, I find this very significant.
UK - The wholesome-sounding ingredients that have replaced E numbers in processed foods are a lot less natural than we like to think. Some companies have used “clean labels” to remove ingredients and additives that raised health concerns. Here are eight “clean label” ingredients:
EUROPE - The future of the European Union lies in at least three fragmented alliances around influential centerpieces, Sanda Raskovic Ivic, President of the Democratic Party of Serbia, told Sputnik. "The EU will one day eventually fall apart on at least three alliances," Raskovic Ivic said.
GERMANY - Take a stroll down Berlin’s Unter den Linden avenue, heading towards the Brandenburg Gate, and history will ambush you. First, you pass by the Willy Brandt Forum, paying homage to the German chancellor who from 1969 to 1974 invented Ostpolitik, Germany’s overture to the East and to the Soviet Union. You also pass near Russisches Haus, a German-Russian cultural centre currently commemorating the 70th anniversary of the end of what the Russians call the great patriotic war. A short walk away, the beautiful modern glass dome built on top of the Reichstag building comes as a reminder that it was only 15 years ago that the German parliament moved from Bonn to Berlin – shifting Europe’s centre of gravity eastwards.
EUROPE - President of the European Commission Jean-Claude Juncker is advocating the creation of a Europe-wide army, Germany's Welt am Sonntag weekly reported Sunday. "Such an army would help us to build a common foreign and security policy, as well as jointly assume the responsibilities of Europe in the world," Juncker said in an interview
GERMANY - US President Obama supports Chancellor Merkel's efforts at finding a diplomatic solution to the Ukraine crisis. But hawks in Washington seem determined to torpedo Berlin's approach. And NATO's top commander in Europe hasn't been helping either.
IRAN - Ali Khamenei, 76, suffering from prostate cancer, according to unspecified reports; reportedly assessed to have two years to live. Arabic media outlets reported Wednesday that Iranian Supreme Leader Ali Khamenei was hospitalized in a critical condition, days after a different report indicated doctors had given the ayatollah only two years to live.
GERMANY - The German Chancellor's trip to Japan, early next week, takes place in the midst of the expansion of military relations between Berlin and Tokyo. Particularly the German Navy is regularly cooperating with its Japanese counterparts, with which it carries out tactical maneuvers at the Horn of Africa. Since some time, army and air force have also been extending their antennas toward Japan.