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How George Soros is meddling in the Italian elections

A few weeks ago, the United Kingdom woke up to the realization that its democratic process is vulnerable to the attacks by a foreign plutocrat seeking to overturn the result of the popular vote of British citizens via a second referendum on the European Union membership, or in case that was not possible, to overthrow government after government until the Hungarian-American oligarch got his way.

George Soros, replied by penning an article for the Daily Mail, in which he motivated his actions by “his love for Britain”, which somehow did not stop him from attacking the Bank of England in 1992, which cost British taxpayers billions. He simply knows better, and so demands the right to hijack the political process of a democratic country, despite not being a citizen, because he’s fighting against “mafia-states”. It speaks volumes about Soros’s concept of “Open Society” where he’d be free to run the political show of any country, in a borderless world, where any vote contrary to his would be made null and void. Continue reading

Why Stratfor is wrong on its Italian election analysis

Stratfor recently published a piece covering the imminent Italian elections and presenting its conclusions on the topic. The article, however, wrongfully presents a number of issues, which may lead prospective investors astray.

In the first paragraph introducing the populist candidates and parties running for the Italian parliament, the author, an alleged expert according to his own profile on anti-establishment movements states: “The right-wing Northern League, for example, has (…) proposed a referendum on Italy’s membership in the eurozone”. This isn’t true. The Northern League wants to leave the euro without going through the referendum because it thinks Italy would get battered during the political campaign over it. It was just a month ago when the party’s candidate for the position of Prime Minister, Matteo Salvini, called the referendum idea stupid.It is not the Northern League but the other “populist” movement, Movimento 5 Stelle, which opts for a referendum.

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George Soros secretly rushes to Italy as NGOs activity in the Mediterranean now face political and judicial scrutiny

In the past few weeks, the transport of migrants from the African shores has become a case of national importance for Italy, and is now under investigation from the prosecutor of Catania, who recently testified to the Defence Committee of the Italian Senateand will meet soon with the Superior Council of the Magistrates.
Harsh criticism of the activities of the NGOs has come from opposition parties Forza Italia,Lega Nordand even Movimento 5 Stelle,normally more neutral on immigration issues, while Prime Minister Gentiloni has opted to let the judicial system run its course.
Yet, a new element will further exacerbate the situation; George Soros, a billionaire who is incredibly active politically on both sides of the Atlantic,met in secrecy with Prime Minister Gentiloni,less than a week after the latter had commented on the NGOs activities. The meeting was not listed on the website of the Italian government as official and its timing is at the very least suspicious.

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TARGET2; European Banking Crisis is Escalating Again

Problems of Deutsche Bank, Commerzbank, Monte dei Paschi and other German, Italian and Spanish banks are not the only concern of the European Banking System. Trouble is much deeper than it is thought because there is a systemic imbalance that has been increasing for almost ten years. Politicians do not want to tell us the truth, but soon we will experience the same crisis in the Monetary Union as we did in 2012.

The extent of the problems in the European Banking System is TARGET2 and its balances of the National Central Banks of the Eurosystem. These balances, or rather imbalances, reflect the direction of the capital flight. And there is only one way: from Southern Europe into Germany. After Mario Draghi’s famous words “I do whatever it takes to save the euro”, things seemed to improve; however, since January 2015 problems have been escalating again. Continue reading

Brexit Has Little Relevance

From an economic point of view, Brexit is not a big issue as we have already warned many times. We informed our readers beforehand that fear-mongering by Soros, Zerohedge and their likes would result in an unjustified market sell-off. We do not believe that global economy is doing fine, and we see enormous trouble ahead. With the absence of a sustainable global growth, hedge fund managers try to create turbulence in the market to reap a profit.

In the first seconds of June 24 trading day, just as the Brexit results were announced, the losses (and profits) due to the engineered panic were gigantic. If we only take a closer look at the numbers for the ESX, DAX and FTI futures, more than 200 million euros evaporated within one day. Because this is a zero-sum game, somebody must have made unbelievable profits. Continue reading

Brexit: Germany Gains Power From Merkel’s Disastrous Policy

As we predicted, Cameron resigns after the British have cast “a leave vote” but Germany’s Chancellor Merkel is to blame for the disastrous result of the referendum.

Last year she mishandled three problems:

 

  1. In 2015, under Angela Merkel’s leadership, the problems in Greece span out of control and Yanis Varoufakis, the finance minister of Greece, was able to jeopardize the whole euro project;

  2. When in 2015 millions of refugees were heading for Europe, it was Angela Merkel that single-handedly, without consulting her political counterparts in Warsaw, London or Rome, decided how Europe had to deal with it ;
  3. Chancellor Merkel held talks with Erdoğan: Turkey was being considered as a member-state of the European Union, which lacked any support in Europe whatsoever .

No wonder the British voters came to doubt the democratic legitimacy of Brussels as they saw Berlin mishandle the European project. Continue reading

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Millions of salaried workers and pensioners stand to lose at least one monthly payment within two years, in 2019 and 2020. For Greece to boast of a successful – as the government desires – exit from the third bailout program without facing any obstacles by August, the Finance Ministry has ruled out the option of avoiding a reduction to pensions from 2019 and will also be proceeding with demands to reduce the minimum tax threshold as of 2020.Source Ekhatimerini






Some six years after Greece erected a 10km barb wired border fence along a stretch of the Evros river it shares with Turkey, the European Commission has announced plans to create a standing corps of 10,000 border guards. On Wednesday (2 May), the EU executive proposed the idea as part of its aim to overhaul the EU budget for the years 2021-27. Source: EUobserver




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Chancellor Angela Merkel’s conservatives are restricting her room for maneuver on euro zone reform, documents seen by Reuters show, which could further frustrate French President Emmanuel Macron who visits Berlin later this week. “I know that Macron is pushing Merkel and she is not moving in the way he thinks she should be moving,” said a person close to the French president, adding that he may have to adopt a more confrontational tone with Germany. Source Reuters





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