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Zero Hedge 01/16/2019 04:15
Israel has confirmed it is in extensive talks with Egypt to build a new sub-sea natural gas pipeline between the two countries as part of a previously agreed $15 billion deal to export Israeli gas to Egypt over a decade. Most significant is that the new line would hugely expand Israel's export capacity to its southern Arab neighbor, taking it far beyond the maximum 7 billion cubic meters per year currently able to flow through the existing EMG pipeline to Sinai. Theoretical map produced early in prior controversial talks to export Israeli gas to Egypt, via Middle East Eye. Israeli Energy Minister Yuval Steinitz proclaimed the ambitious project under negotiation to be part of broader "efforts to transform the eastern Mediterranean into an ene.
Zero Hedge 01/16/2019 03:30
Authored by Raul Ilargi Meijer via The Automatic Earth blog,. There will be elections for the European Parliament on May 23-26 2019. They will likely change the face of Europe more than anything has done since the EU was founded. That is not some wild prediction. Many European countries have held elections since the last European elections in 2014, and just about all had outcomes that shook up domestic political ratios. In most cases, countries went from traditional parties to newly founded ones. France erased the Socialists and center-right in 2017, and the final round of the presidential elections was between Marine Le Pen’s Front National and Emmanuel Macron’s brand-new En Marche. Macron won sort of by default, because France as a country.
Zero Hedge 01/16/2019 02:00
Authored by Finian Cunningham via The Strategic Culture Foundation,. This time the outspoken US ambassador in Berlin may have gone too far to be ignored. The German government has denounced as a “provocation” letters that the American envoy sent to companies involved in the Nord Stream 2 project warning them of possible US sanctions. The German government reportedly told the project companies to “ignore” the missives dispatched by Ambassador Richard Grenell. Nord Stream 2 is the 1,222-kilometer pipeline being laid in the Baltic seabed which will greatly increase delivery of natural gas from Russia to Germany. It will double Germany’s import of Russian gas when complete. But the Trump administration has repeatedly voiced its objection to the
Zero Hedge 01/16/2019 01:00
While president Trump is cracking down on Chinese technology theft "transfer" in the US, with Canada somehow caught in the middle of the ongoing crossfire (as random Canadians are now getting arrested on the mainland in retaliation for Trump's aggressive practices), it has emerged that China's Belt and Road initiative may be nothing more than one giant, global tax fraud/trade laundering operation. Take Greece for example, where the European Union’s Anti-Fraud Office (OLAF) just issued a fine of more than 200 million euros to Greece for failing to stop a wide-scale tax fraud by Chinese criminal gangs importing ultra-cheap goods through the country’s largest port of Piraeus, Politico reported on Monday. The Chinese criminal network, which too.
Zero Hedge 01/16/2019 00:05
Authored by Therry Meyssan via Voltaire Network,. One of the consequences of the successive ends of the bipolar and unipolar world is the re-establishment of colonial projects . One after the other, the French, Turkish and English have publicly declared the return of their colonial ambitions. We still need to know what form they will adopt in the 21st century... The French Empire. The French Empire "bestows" civilisation. For a decade we have been revealing the incongruity of the French desire to re-establish its authority over its old colonies. This was the logic behind the nomination by President Nicolas Sarkozy of Bernard Kouchner as Minister for Foreign Affairs. Kouchner replaced the French Revolutionary idea of « The Declaration of the Ri.
Zero Hedge 01/15/2019 23:45
When in doubt, desperately reach for the Reductio ad Hitlerum argument . Venezuela’s self-styled socialist "liberator" President Nicolas Maduro has dubbed Brazil's newly elected right-wing leader Jair Bolsonaro “a Hitler of the modern era.”Speaking in front of members of Venezuela's Constituent Assembly on Monday, Maduro decried that Brazil was “in the hands of a fascist.” And in a sign he's perhaps been watching too much vapid American media punditry (though CNN is currently expanding in South America ) which knows little beyond the tired argumentum ad Nazium in expressing outrage toward political enemies, he said : " Bolsonaro is a modern-day Hitler. He is. What he doesn't have is courage and his own decisions because he’s the puppet of
Zero Hedge 01/15/2019 23:25
Via,. Why does the US Embassy in Helsinki need a big warehouse near Malmi Airport and what are the contents of thousands of kilograms of cargo sent to Helsinki from Baghdad? A dilapidated warehouse in Malmi is being used by the US Embassy for unknown operations after a Wikileaks release revealed its location. The anonymous looking building on Takoraudantie is notable only for the new 427 meter perimeter fence that according to the Wikileaks’ database was ordered by the US Embassy in April 2018. ...
Zero Hedge 01/15/2019 23:05
YouTube star Alejandro Salmondrin was devastated after his 789 horsepower McLaren Sienna caught fire after just 11 days of ownership and 400 miles under its belt. A former Hollywood filmmaker turned supercar blogger and entrepreneur, Salmondrin has a giant social media footprint with over 1.5 million YouTube subscribers and over a million on Instagram. While driving with his wife one night in October, Salmondrin noted flames coming out from underneath his Sienna which he says he paid $1 million dollars for (a "market adjustment" on top of a MSRP of $837,000).
Zero Hedge 01/15/2019 22:45
Authored by Jacob Hornberger via The Future of Freedom Foundation,. Inadvertently released federal documents reveal that U.S. officials have apparently secured a secret indictment against Julian Assange, the head of WikiLeaks who released secret information about the internal workings of the U.S. national-security establishment.
Zero Hedge 01/15/2019 22:25
China has created a vast underground defense complex capable of intercepting hypersonic missiles which can defeat conventional missile defenses, according to a scientist who has worked on the system and received China's highest science and technology award last week. Speaking with The Global Times , Qian Qihu, 82, said that China's "Underground Steel Great Wall" could "guarantee the security of the country's strategic arsenal" against attacks - including those from hypersonic weapons. The "Underground Steel Great Wall" is a series of defense facilities located deep under mountains .
Zero Hedge 01/15/2019 22:05
Authored by Mac Slavo via,. The Florida Board of Health has suspended thousands of healthcare licenses over defaults on student loans many used to earn their licenses. But many are concerned that the new crackdown may only worsen the student loan crisis. The revocation of licenses came after the student loan industry lobbied the government to enact punishments for those who can’t or won’t repay the money they borrowed. According to ABC Action News , only Florida is enforcing this law as of right now. The state also has the power to garnish up to 100% of a worker’s wages until the loan is repaid and the license is reinstated. Under Florida law, once the state suspends a license for student loan default, the only way to get it bac.
Zero Hedge 01/15/2019 21:55
Having risen almost non-stop since the start of the year - despite dismal economic data, a still-tightening Fed, and an increasingly 'easing' PBOC - the last two days have seen offshore yuan start to fade. Following stimulus headlines overnight ("but not a flood of liquidity" according to the PBOC), US Sen. Grassley admitted today that Sino-US trade talks had made "little progress" - both of which sent yuan notably lower. This drop was interrupted by cable's surprise surge (squeeze) after the Brexit vote (stronger pound, weaker dollar, stronger yuan), but yuan has reverted back down again to the lows after the PBOC injected a near-record amount of liquidity into the financial system. China’s central bank injected a near-record amount of liq.
Zero Hedge 01/15/2019 21:45
Back in 2012, when Europe's populist tensions were first emerging, France's socialist president Francois Hollande decided to harness the unhappiness of the proletariat (and distract from what would soon be one of the most disastrous presidencies in French history), and passed a 75% tax on earnings above €1 million as part of his election campaign. Supported by socialists everywhere, the reform quickly prompted accusations of an anti-business agenda, sparked an exodus of high-profile personalities (France’s richest man, Bernard Arnault, the chief executive of luxury group LVMH, took out Belgian nationality, and the actor Gérard Depardieu also moved across the border to Belgium before obtaining Russian citizenship), sent local stocks tumbling.
Zero Hedge 01/15/2019 21:25
Authored by Mike Shedlock via MishTalk,. Proponents of the Phillips Curve keep looking for ways in which it works. Yet, another study concludes it doesn't. The Phillips Curve , an economic model developed by A. W. Phillips purports that inflation and unemployment have a stable and inverse relationship. This has been a fundamental guiding economic theory used by the Fed for decades to set interest rates. Various studies have proven the theory is bogus, yet proponents keep believing. For example, in March of 2017, Janet Yellen commented the "Phillips Curve is Alive“. Cato noted the Phillips Curve Is Dead (except in Federal Reserve and CBO models) . On August 29, 2017 I noted that a Fed Study Shows Phillips Curve Is Useless . Yet, economists ke.
Zero Hedge 01/15/2019 21:05
Following the USAF Air Combat announcement on Dec. 4, that the F-35A Lightning II Demonstration Team will perform aerobatic shows in 2019 for the general public in the Lockheed F-35A Lighting II Joint Strike Fighter, demo Capt. Andrew Olson was recently spotted in the stealth jet performing never before seen combat maneuvers during a quick flyover at Luke Air Force Base near Phoenix, Arizona. A series of clips were posted on Instagram last Thursday and quickly went viral.
Zero Hedge 01/15/2019 20:25
House Republicans revealed that the FBI's former top lawyer, James Baker, has been under active federal investigation for leaking information to the media. A Monday letter from GOP Reps. Jim Jordan and Mark Meadows to Connecticut US attorney John Durham asks for an update on the leak probe. The investigation was revealed to Jordan and Meadows during Congressional investigations, when Baker's attorney, Daniel Levin, refused to let him answer lawmakers' questions. "I’m sorry, I’m going to cut – not let him answer these questions right now," Levin interjected when Jordan asked about Baker's interactions with reporters. " You may or may not know, he’s been the subject of a leak investigation which is still – a criminal leak investigation that’s.
Zero Hedge 01/15/2019 20:05
Authored by Glenn Harlan Reynolds, op-ed via,. What’s happening in America is an echo of what’s happening in democracies around the world, and it’s not happening because of Trump. To understand events around the world today, one must think in terms of the class struggle. This sentence sounds like something that could be written by a doctrinaire Marxist.
Zero Hedge 01/15/2019 19:45
Controversial founder and ex-CEO of the private security firm Blackwater, Erik Prince told Fox Business this week that private military contractors could replace the U.S. troops that are withdrawing from Syria . Following a similar failed proposal Prince reportedly made through White House channels in 2017 to privatize the fight against the Taliban in Afghanistan — which some contractor industry analysts have suggested Trump was "sympathetic" to — it appeared Prince was attempting to pitch both Washington and the American public in the Fox interview on the "alternate" plan.

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