France

German Lawmaker Pushes For European Nuclear Deterrence Plan

With both NATO and Europe suddenly unsure of what a radical foreign policy by the Trump administration could mean for NATO funding and European joint defense, a senior member of Chancellor Angela Merkel's conservatives said that Europe needs to think about developing its own nuclear deterrent strategy given concerns that U.S. President-elect Donald Trump could scale back U.S. military commitments in Europe.

How Trump Will Impact The European Union

Unsurprisingly, in Brussels people are not thrilled with Donald Trump’s election as new American President. EU Commission President Jean-Claude Juncker reacted by saying “We will need to teach the president-elect what Europe is and how it works”, but it seems more likely it is Europe that must learn about a number of new political realities. Here’s an overview of what it all means for the EU27...

The Secret World Of Indian Currency Printers

The recent decision to abolish several high-denomination Indian bank-notes was taken with a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes. However, it appears the new currency notes are being printed with the involvement of the same blacklisted companies that in fact were the source of fake notes to Pakistan in the first place.

The Catastrophic Consequences Of Peak Oil Demand

With OPEC’s 2016 World Oil Outlook now grimly forecasting that peak oil demand could become a reality in just over a decade, and natural gas and renewables chomping at the bit to cannibalize commodity market growth, it may be good for the environment, but the trade-off will be global instability on a catastrophic level.

French Government Creates Illegal Database On Over 60 Million Citizens

By setting up a single database centralizing information on the entire French population behind their backs, France’s Socialist Party (PS) government is giving the state vast repressive powers. Coming amid the state of emergency, it constitutes a fundamental threat to democratic rights, in particular to opposition within the working class to austerity and war.

Trump And International Security

Since Donald Trump's election, media-fuelled panic has engulfed Europe, including over defence and security. We are told that World War III is imminent, that Trump will jump into bed with Putin and pull the US out of NATO. In fact, it is the EU, not Donald Trump, that threatens to undermine NATO and the security of the West. In recent days, European Commission President Jean-Claude Juncker, his foreign policy chief, and the German Defence have suggested that Trump's election should give greater impetus to a European defence force.

Correcting Some Misconceptions About A New Secular Bull Market

...the reality is that the current underlying demographic trends, economic realities, and market fundamentals do not provide the base to support current price levels much less the entrance into a secular bull market akin to that of the 80’s and 90’s.

Eirexit Coming Up!?

Irish bureaucrats may bury their heads and ignore those questions, but the average guy on the streets of Ireland will easily spot the answers. Eirexit is just a matter of time.

"A Barrage Of Fed Speakers": The Key Events In The Coming Very Busy Week

As markets continue to digest the implications of the US election outcome, there is a host of data and Central Bank communication adding to the running narrative with Fed speakers appearing on every single day of the week. In addition to barrage of daily Fed speakers, including Chair Yellen, we get US inflation data, retail sales, housing data, empire manufacturing, industrial production and the Philly Fed.

Markets In Turmoil: Global Bond Bloodbath, Currency Rout Accelerates As Stocks Erase Early Gains

Monday started off where Friday left off, with the dollar surge continuing, pushing the DXY above 100 for the first time since December, global bond yields soaring, emerging market currencies tumbling, and the Yuan slammed below 6.85 for the first time. However, where Monday is different is that while European stocks and US index futures started off far higher, E-minis have now faded the entire overnight rally and are now red for the session, on concerns that the spike in yields will cap any more stock upside.

Chaos Ensues As Europe Splinters In Response To Trump: UK, France, Hungary Snub EU Emergency Meeting

Britain and France on Sunday night snubbed a contentious EU emergency meeting to align the bloc’s approach to Donald Trump’s election, exposing rifts in Europe over the US vote. Boris Johnson dropped out of the Brussels meeting, with officials arguing that it created an air of panic, while French foreign minister Ayrault opted to stay in Paris. Hungary’s foreign minister boycotted the meeting, labelling the response from some EU leaders as “hysterical”.