The leaders of the lower chambers of parliament of Germany, Italy, France, and Luxembourg have called for a European “Federal Union” in an open letter published in Italian newspaper La Stampa on Sunday.
Sterling has plunged as much as 0.5% in early trading, sliding back under 1.24, after the Times of London reported that U.K. PM Theresa May’s team is preparing for Scotland to potentially call independence referendum in March.
Stunt or not, acknowledging the power of the media in creating a pretext for war, and therefore putting a stop to the drums of war, is one of the first key marks of his success. The main problem continues to be the ongoing war with the US deep state, something that will not be going away anytime soon, and a campaign that may have entered a new stage against the Trump presidency.
"... changes in global economic and business conditions, consumer and business spending, the availability and cost of capital, unemployment rates, geopolitical conditions (including potential impacts resulting from the U.S. Administration and the proposed exit of the United Kingdom from the European Union)"
It is a new global disorder but in this chaos, a return to a multipolar world and the end of 'sole U.S. superpower' status may be a blessing in the long run. In the short run, however, the chaos will confuse every foreign ministry and international organization bureaucracy on every continent.
Over the past few months interest rates and the value of the dollar have risen sharply, and monetary policy’s quantitative indicators have contracted. These monetary restrictions have worsened the structural impediments to U.S. economic growth that existed before the election and continue today...
Across all 10 of the European countries an average of 55% agreed that all further migration from mainly Muslim countries should be stopped, 25% neither agreed nor disagreed and 20% disagreed. "Our results are striking and sobering" said poller Chatham House.
While the good news is that for December the US trade deficit narrowed modestly to $44.3 billion, better than expected, the bad news is that for all of 2016, the goods and services deficit was $502.3 billion, up $1.9 billion from $500.4 billion in 2015, and the biggest deficit going back to 2012.