USA - Its official: the much-scrutinized military exercise known as Jade Helm 15 is kicking off this week. While concerns about the training exercise were shrugged off as a “conspiracy theory,” the military and now mainstream media are openly acknowledging the drills. Most telling of all is that the military is barring media access and coverage of the controversial Special Operations exercise.
EUROPE - The dream of a cosily 'united Europe' is running into a brick wall of political reality. To understand why we are looking at an extraordinary watershed in history, we might ask what a series of events and dramas dominating the news have in common. We begin with the ongoing tragi-farce over Greece and the euro, following that referendum where the Greeks were asked to choose between a “Yes” campaign, which held that their country must remain firmly in both the euro and the EU, and a “No” campaign arguing equally firmly that Greece must remain in both the euro and the EU.
GERMANY - The German government has begun preparations for Greece to be ejected from the eurozone, as the European Union faces 24 hours to rescue the single currency project from the brink of collapse. Finance ministers failed to break the deadlock with Greece over a new bail-out package, after nine hours of acrimonious talks as creditors accused Athens of destroying their trust. It leaves the future of the eurozone in tatters only 15 years after its inception.
EUROPE - Many months ago the recently departed Greek finance minister, Yanis Varoufakis, made a very astute observation. He said that when it comes to settling the Greek crisis: “Whatever the Germans decide, it will be the Germans who pay.” This was, as it turned out, not just a turn of phrase, but a brilliant piece of strategy – a plan for how to win the game that has unfolded since.
GERMANY - Germany's Chancellor Angela Merkel has called the talks on Greece's debt rescue "extremely difficult" and ruled out "agreement at any price". She was speaking as she arrived in Brussels for a meeting of the other 18 eurozone leaders to discuss the deal.
GREECE - Greeks accused Germany of trying to humiliate them by making tougher demands for a new bailout deal, as the country's fate in the euro zone hung in the balance ahead of a meeting of European ministers in Brussels on Sunday. Elected on a promise to rid Greece of austerity, Prime Minister Alexis Tsipras was forced this week to make last minute concessions to the international creditors for painful austerity measures in the hopes of securing a cash-for-reforms deal.
UK - David Cameron will demand that Britain is able to ignore most of the employment rules imposed on the UK by Brussels as part of his renegotiation with the European Union, it can be disclosed. The Prime Minister will open up a major new front in his battle with the EU ahead of Britain’s in-out referendum by seeking to restore opt-outs on the Social Chapter that were jettisoned by Tony Blair.
UK - A British exit from the EU could spark a free market “chain reaction” across the continent, encouraging countries such as Denmark and Sweden to take control of their own destiny. Politicians from Switzerland and Iceland’s largest parties claim the UK would be able to stand outside of the EU, dismissing the idea that it could be left isolated as “nonsense”.
USA - Federal Reserve Chair Janet Yellen has reiterated her view that the central bank will likely begin raising interest rates before the end of 2015. "I expect that it will be appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy," she said in a speech in Cleveland.
SOUTH AMERICA - Pope Francis appealed to world leaders on Saturday to seek a new economic model to help the poor, and to shun policies that "sacrifice human lives on the altar of money and profit." It was the second time during his trip to South America that Francis, the first pope from the region, used a major speech to excoriate unbridled capitalism and champion the rights of the poor.
UK - The world is entering an era of global food insecurity which is already leading to the “double burden” of both obesity and malnutrition occurring side by side within countries and even within the same families, a leading food expert has warned.
USA - Can — or should — an exorcism be done for the United States, as was done in Mexico this past May? Cardinal Juan Sandoval Íñiguez, the archbishop emeritus of Guadalajara, performed the rite, together with priests from across Mexico, at the Cathedral of San Luis Potosí in a closed-door ceremony. The purpose: to drive away the evil responsible for skyrocketing violence, abortion and drugs in that predominantly-Catholic nation.
USA - MTV will air a show later this month entitled White People which shows young white Americans crying on camera over their “white privilege” and publicly shaming them for “what they’ve done in America”. No, this is not a joke. The documentary is hosted by Pulitzer Prize-winning journalist Jose Antonio Vargas, an illegal immigrant and amnesty activist who has worked for the Washington Post and the Huffington Post.
GERMANY - Chancellor Angela Merkel's fraught negotiations over Greece's eurozone future were threatened by a growing revolt within her own conservative ranks yesterday as dozens of right-wing MPs and politicians queued in opposition to the idea of more aid for Athens.
GERMANY - President Joachim Gauck on Thursday condemned a recent rise in "vile" attacks on refugee shelters in Germany and warned that xenophobic attitudes were taking root in the country.