Amid growing speculation over the collapse of the euro, British embassies are now preparing for worst-case scenarios, such as riots and civil unrest. The Telegraph reported, “British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain. As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.”
Despite not being a member of the European Union, Switzerland is under intense pressure from Brussels to raise taxes as companies flee high-tax EU welfare states in favor of more business-friendly Swiss cantons. And if the nation refuses to bow down soon, so-called “eurocrats” are threatening retaliation.
The European Court of Justice issued an important decision on November 24, ruling that Internet Service Providers (ISPs) operating on the continent cannot be legally compelled to monitor the online activity of their customers.
In its attempt to quell rising uneasiness in the wake of the failed German bond sale last week, the establishment magazine The Economist rushed in over the weekend with a series of four separate articles promoting its globalist and internationalist perspective on the matter.
Outraged over a weekend U.S. and NATO attack that killed 25 Pakistani soldiers and wounded more than a dozen others, the government of Pakistan has taken prompt retaliatory action. Supply lines through the nation for the American-led coalition occupying Afghanistan were shut down immediately and, according to the Interior Minister, permanently. Pakistani officials are also demanding that U.S. air bases in the country be vacated within two weeks.
The new Libyan regime has promised to pursue political and economic integration with Sudan’s genocidal “President” Omar al-Bashir, designated a state sponsor of terrorism by the U.S. government since 1993 and wanted internationally for war crimes. Libya’s National Transitional Council (NTC) chief Mustafa Abdul Jalil (left) arrived in the Sudanese capital of Khartoum on November 25 for talks with the socialist, Islamist despot ruling Sudan. According to news reports, he was received with open arms.
By every appearance, we are entering the final, calamitous act of the European debt crisis, a sprawling, slow-motion debacle that is about to engulf the world in financial turmoil more acute than the American meltdown of 2008. For roughly two years, European authorities have struggled to keep the debt crisis from spinning out of control, doling out bailouts to small, heavily indebted nations such as Ireland, Portugal, and Greece. “Contagion” — the notion that a sovereign default in, say, Athens, might trigger a cascade of woes elsewhere — has been and remains the watchword.
The “disastrous” failure of the German bond auction on Wednesday when buyers failed to bid the offering and Germany’s Central Bank — the Bundesbank — had to step in and purchase nearly 40 percent of the offering came just a day after SpiegelOnline posted an article critical of the country’s finances. The article virtually accused Chancellor Angela Merkel (left) and her Finance Minister, Wolfgang Schauble, of “cheerleading” the economy’s supposed strength while ignoring major weaknesses. Merkel says her country has “a clear compass for reducing debt [and that] getting our finances in order is good for our country.” Schauble was an echo: Germany is a “safe haven [because] the entire world has great confidence in both the performance and soundness of the fiscal policies of the Federal Republic of Germany.”
Four months after several reports showed that Asian Muslim gangs in Britain had turned thousands of British girls into sex slaves and prostitutes, the government finally appears ready to act. London’s Daily Mail reported early this week that the country’s minister for children and families wants to crack down and put the sex slavers out of business.
The Lord Chief Justice of Great Britain, Igor Judge, gave a speech in March to the Judicial Studies Board in which he argued that English courts were moving away from reliance upon English common law in making decisions, and instead were resting decisions upon the European Convention on Human Rights in Strasbourg, France.
Like their American counterparts, British officials are increasingly opting for so-called "security" rather than ensuring the privacy of their citizens. In Oxford, England, security officials have announced a plan to install surveillance cameras in private taxicabs.