Europe

Amid massive public opposition and behind-the-scenes globalist scheming, the new regime in Ukraine took a major step toward surrendering the nation’s sovereignty to the Brussels-based European Union super-state. In exchange for giving up self-government and independence to the unelected, perpetually expanding EU bureaucracy that now dominates policy across the 28-member bloc, Ukraine will be able to sell its exports without paying tariffs. Meanwhile, armed conflict continues to rage across wide swaths of Eastern Ukraine as the death toll rises.

The head of NATO said Russia is promoting the anti-fracking agenda to protect its natural gas interests, while anti-fracking groups denied the charges.

With the Ukrainian army slowly prevailing over insurrectionists in eastern Ukraine, overt Russian intervention may soon become a reality.

Germany’s top federal prosecutor has opened a criminal probe into espionage operations by the U.S. National Security Agency, particularly focused on the NSA snooping directed against German Chancellor Angela Merkel. The goal, he said at a press conference, is to bring to justice specific individual U.S. government agents who were allegedly involved in the unlawful snooping operations against German officials. Prosecutions for spying on everyday citizens, while a violation of German law, will not be forthcoming — at least not yet.

Under the guise of seeking higher inflation to “stimulate” the economy (and erode the value of people’s savings even faster), the European Central Bank announced negative interest rates on bank deposits held at the ECB — the first time a major monetary authority has ever set the rate below zero. If that proves to be not enough in its supposed battle against “deflation” or “not enough” inflation, the central planners at the eurozone central bank are threatening to do still more. Already, they are talking about potentially even starting up their own Federal Reserve-style “quantitative easing” gimmicks to gobble up real assets with fiat currency conjured out of thin air. Critics, though, are warning of disaster.

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