There are more and more signs that the unresolved conflict between Armenia and Azerbaijan about the Armenian controlled enclave Nagorno Karabach is heating up. Azerbaijan is a oil rich NATO ally while Armenia is poor Russian ally.
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Speaking earlier today on Finnish TV, Economic and Monetary Affairs Commissioner Olli Rehn said the European Union is preparing a directive according to which in the event of a bank collapse the major depositors will contribute to its rescue.
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“…The instructions seemed very specific. Infiltrate web forums, collect screen names, avatars, and posters’ tag lines, and attempt to resolve these to their actual identities. I read one paragraph that listed circumstances when the “asset” was only to monitor but do not disrupt without authorization. There was another section titled “Divert, Disrupt and Destroy,” listing “how to’s” in certain cases…”
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Reuters publishes every story for a reason. That is the scary bit about this article.
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A senior Israeli official says the United States is gearing up for a possible military intervention in Syria to prevent Syria’s alleged chemical weapons from being used against civilians or falling into wrong hands.
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Syria’s Kurds, who are now concentrated in the country’s northeast, have been quietly preparing for a future after the potential fall of Syrian President Bashar al-Assad’s regime, the Financial Times reported on Tuesday.
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“…We have seen how eager Europe has been to bailout its insolvent nations. We are next about to see just how “united” the US is when its own solidarity is tested as state after state repeat the European bailout experience….”
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“Psssst!” whispers Süddeutsche Zeitung: Want to know the worst-kept secret of the big US and European banks? They’re preparing for the worst: the exit of Greece from the eurozone and even the break-up of the eurozone itself, writes the newspaper.
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Preparations for a military push against militants in North Waziristan appeared to be underway, as a top US army commander held talks with Pakistani military officials on better cooperation along the border with Afghanistan.
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Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.
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