Hungary

The Worst Ideological Enemy Of The US Is Now Europe

"Americans, therefore, would do well to understand that for the time being the "Cultural Left" is so deeply entrenched in Western Europe and the EU, that their worst ideological enemy is not the Middle East or Russia: it is Europe."

Soros-Sponsored Immigration Network Exposed In Italy

Why is there a migrant crisis in the Mediterranean? Why are NGOs involved? Because there is an extensive network of open borders activists and organizations behind it; many of them are directly funded by or cooperated with George Soros’ Open Society.

Key Events In The Coming Week: The Summer Doldrums Arrive

With little on the US economic docket in the coming days, this week's focus is on the ECB and BoJ meeting along with minutes from the RBA and the Riksbank. In the US The key economic release this week is housing starts on Thursday. There are no scheduled Fed speaking engagements this week.

Frontrunning: July 13

  • Feuding U.S. Senate Republicans to get revised healthcare bill (Reuters)
  • Draghi May Address Future of ECB Stimulus at Jackson Hole (WSJ)
  • BOJ seeks to tamp down speculation on tapering (Nikkei)
  • Iran’s Stature Grows as Rivals Quarrel (WSJ)
  • China June Trade Data Buoyed by Robust Demand at Home and Abroad (BBG)

Got Milk? First 165 Cows Airlifted To Qatar

Qatar has taken delivery of 165 cows that were airlifted into the Gulf state to ease a milk shortage caused by sanctions imposed by Qatar’s neighbors...

In Bizarre Confrontation, Israel Calls George Soros A "Threat To Democratic Governments"

In a bizarre diplomatic development, none other than the state of Israel has branded billionaire philanthropist George Soros, one of Hillary Clinton's most generous donors, a "threat", accusing him of "continuously undermining Israel's democratically elected governments" and saying that Soros-funded organizations "defame the Jewish state and seek to deny it the right to defend itself".

The Unspeakable Crime Of Viktor Orban

"The unspeakable crime of V. Orbán is his insistence on acting in the interests of his citizens not to the self-declared arrogant unelected Commissars in Brussels...It‘s becoming crystal clear to more and more European citizens that the monster that is Brussels today does not represent the true interests of EU citizens..."

Eastern Europe Chooses To Keep Western Civilization

"Islam is a major culture and religion, which we must respect, but Europe has a different identity, and it is clear that these two cultures are incapable of coexisting without conflict... The greatest difference is that in Europe, politics and religion have been separated from one another, but in the case of Islam it is religion that determines politics..."

Europe's Migrant Crisis: Views From Central Europe

The European Union has initiated legal action against the Czech Republic, Hungary and Poland for failing to comply with a controversial order to take in thousands of migrants from Africa, Asia and the Middle East... "We are not going to take part in the madness of the Brussels elite."

Trump Hopes To Quietly Steal Putin's Natgas Business In Europe

Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. The US presidnet will tell the group that Washington wants to help allies by making it easy for U.S. companies to ship more LNG to central and eastern Europe.

Did Europe Surrender To Radical Islam?

In spite of three attacks in three months, Britain does not seem to be choosing the path of vigilance and determination. June is not even over but the media barely talk about terrorism any more.

Key Events In The Coming Quiet Week: Brexit, Housing And Lots Of Fed Speakers

In an otherwise relatively quiet week in which the only upcoming US data is housing, current account and jobless claims, UK politics will again draw attention, one year (on Friday) after the Brexit referendum and as noted earlier, Brexit negotiations begin on Monday, despite lingering political uncertainty in the UK. Also no less than 9 FOMC members are scheduled to speak this week.

EU Sues Poland, Hungary And Czech Republic For Refusing To Accept Refugees

The European Commission has launched a legal case against Poland, Hungary and the Czech Republic, for refusing to take in asylum seekers, escalating a bitter feud within the 28-nation bloc about how to deal with the Pandora's box opened up Angela Merkel's 2015 "Open Door" policy, which has since slammed shut.

Democrats Chase Red Herring Of 'Russia-Gate'

"People in Flint, Michigan, wouldn’t ask you about Russia and Jared Kushner... They want to know how they’re gonna get some clean water and why 8,000 people are about to lose their homes."