Italy PM Giuseppe Conte resigns, launches blistering attack on deputy Matteo Salvini

In another huge blow to the efforts of the Brussels bureaucracy to create an illusion of solidarity among remaining EU member states in the run up to Brexit, Italy’s Prime Minister Guiseppe Conte has resigned, citing the behaviour of his Deputy Matteo Salvini the man who was prevented from assuming the leadership of Italy after his party won the most recent election, by Brussels’ undemocratic refusal to accept a Eurosceptic politician as leader of any member state.

Since then the Brussels elite has constantly interfered in Italy’s political and economic life, in a bid to prevent Salvini, who as leader of League, the largest party in the Italian legislature from carrying out their populist agenda. Salvini, the de facto political leader of Italy as Conte had no party backing him and no electoral mandate has been seeking confrontation with the EU principally over immigration and economic policies.

This development is certain to end the League / Five Star governimg coalition, resulting in a general election in which the hugely popular League is likely to win an overall majority. If that is the outcome Brussels will be powerless to prevent Salvini becoming Prime Minister and his party assuming overall control. And that would certainly result in Italy Leaving the European Single Currency system (the Euro,) as a step towards quitting the EU entirely. READ MORE at Vanguard News

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Deal or No-Deal, Brexit Dooms the Euro

authored by Tom Luongo for Gold, Goats and Guns

Deal or No-Deal, when it comes to Brexit, the euro is toast. Markets, however, believe the fantasy of its survival. As we approach the end of July the euro clings to support at $1.11, mere pips away from a technical breakdown.

That breakdown will trigger a wave of asset liquidation and another round of negative headlines emanating from troubled German banks.

With 10 Downing St. now saying No-Deal is acceptable, the hard line negotiating tactics of the European Union have hit a rocky shore.

Because it looks like Boris Johnson is ready to give as good as he gets.

I’ve been saying this for a long time. The EU is not a tough nut to crack. They have no leverage in these Brexit negotiations.

READ ALL at Gold, Goats n’ Guns

MORE ON BREXIT

Yanis Varoufakis bombshell: Pound to Euro Exchange Rate ‘Paradox,’ weakness of pound against Euro is good news for UK

posted by Phil. T Looker, 22 July 2019

Former Greek finance minister Yanis Varoufakis claimed the reason why the euro is valued so highly compared to the pound or US dollar is because of a “delicious paradox” which sees the Eurozone actually being on the verge of a dramatic break-up, newly-resurfaced footage reveals.

Despite the uncertainty [surounding Brexit], the euro has largely remained strong since the 2016 referendum but, according to former Greek Finance minister Yanis Varoufakis, there is a shocking reason why this has occurred.

Mr Varoufakis called it a “delicious paradox”.

In a 2018 debate at the Oxford Union, the Greek minister explained: “Why do the money markets value the euro so highly compared to the pound, the American dollar?

“Suppose you are a Singaporean, Chinese, American or even a German investor, and for some reason, you agree with me that the fragmentation of the Eurozone is at an advanced stage, and the euro has never been weaker or more problematic.

“Should you sell your euros?

“No, let me share a secret with you. You should shift your euros to a German bank account.”

Mr Varoufakis explained that if the Eurozone breaks up and all the countries revert to their pre-euro currencies, euros held in German bank accounts will be re-denominated into Deutschmarks, which will be stronger than any other European currencies because of the country’s “huge account surplus”.

READ FULL STORY at express.co.uk

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German Industrial Production Slumps For Third Month Running

Is This Why The EU Did Not Want Us To Leave?

 

Germany’s industrial base is showing consistent signs of an economic crisis amid trade tensions between the U.S. and the European Union. Output from German factories unexpectedly declined for a third consecutive month according to statistic reported by Reuters and Bloomberg.

The figures, published last Friday, showed a 1.1 percent decrease for September, missing economists’ forecast of a 0.2 percent increase. Exports from Europe’s manufacturing powerhouse fell 0.9 percent and the trade surplus, a point of contention with President Donald Trump, narrowed further.

The news came at the end of a challenging week for the Eurozone economy, with other published statistics showing fears of a trade war between western and eastern blocs denting manufacturing confidence and Germany reporting another drop in factory orders.

Berlin’s Economic Ministry blamed the apparent weakness on temporary bottlenecks related to new emission-test procedures for cars. “In light of the slow order intake but a large backlog of work, the industrial upswing should continue as the squeeze loosens,” it said in a statement, adding construction business is booming.

In the Netherlands, manufacturing production fell 0.9 percent in July, while Spanish output fell for a third time in four months. But there was better news from France, where production beat expectations by rising 0.7 percent. Separately, German labor costs rose 0.2 percent in the second quarter compared to the previous three months.

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Brutal Scenes From Greek Anti-Austerity Protests

August 20, 2018

After eight years of austerity, four governments, three bailout programs, a country full of misery, a capital full of protesters, and a whole galaxy of Molotov cocktails, firecrackers, riots, and clashes with police, Greece does not seem to have moved forward at all. As Greece prepares to exit its third bailout program since 2010, The Daily Stirrer takes a look at the latest outbreak of Greek street protests, the result of almost nine crisis-filled years.

In one particularly violent episode, a mass brawl broke out outside the Ministry of Administrative Reform in Athens, this clip shows demonstrators being rather brutally pushed back by riot police.

Mass rallies in Athens always seem to descend into violence, like the one featured below, as Greece’s parliament voted on further erosions of Greek sovereignty to unlock the EU bailout money, with protesters chanting against Greek Prime Minister Alexis Tsipras and throwing incendiary flares at police wearing anti-riot gear.

Since the Greek crisis started in late 2009, the country has racked up a massive debt and pursued strict austerity policies to unlock international emergency loans. In 2015, Greece’s creditors — the Eurozone and the IMF — launched a third stability support program in eight years. The bailout, which made up some 86 billion euros, was provided in exchange for austerity measures that included pension cuts and tax increases. It is scheduled to expire on August 20, 2018, but Greece’s road to recovery is not over yet, and will not be over until the nation is released from the suffocating constraints of The Euro (€) the European Union single currency.

 

Macron and Merkel Agree Eurozone Tax Integration

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Hausfrau Volksfuhrer Merkel and Grandmothertrucker Macron

France and Germany have agreed to introduce a single Eurozone budget and shared emergency funds for the bloc, as the brussels bureaucrats and globalist puppet leaders try to push the European Union (EU) towards deeper, globalist integration after the Brexit vote. It seems a bit futile with Merkel facing a political crisis that could bring down her government by the end of the month, but reality doesn’t touch political leaders lives often.

The German Chancellor and her French counterpart, President Emmanuel Macron, met this Tuesday to finalise plans for sweeping reforms which will affect the 19 member states that joined the single currency system and use the Euro. The plans will come into  force in 2021 the leaders of the Paris Berlin axis said.

“France and Germany have agreed to set up a Eurozone budget. More EU centralisation, this is not what voters want,” tweeted former UKIP leader and MEP Nigel Farage, reacting to the news Tuesday afternoon.

“We are working to make sure that the eurozone budget will be used to strengthen investment, also with the aim of strengthening [political] convergence within the eurozone,” Chancellor Merkel said ahead of the agreement.

President Macron is reported by, Deutsche Welle as saying that the budget will be a “real budget with annual revenues and spending”.

“We want Europe to find its place in a multilateral world,” added the German Chancellor, speaking of wider reforms, foreign policy, and defence.

She continued by frankly stating that they would force some EU nations to accept the expanding power of the bloc, even if  member states’ governments disagreed.

Are you Remainers starting to see how the EU works now and why intelligent British people got sick of being part of a glorified Franco-German empire?

Big Wins for anti EU Five Star party in Italian mayoral elections

Last week the wind was knocked out of the LEAVE campaigns sails in the Brexit referendum campaign by the brutal murder of left wing Labour MP Jo Cox, apparently by a a right wing extremist with a history of mental illness. In the wave of disgust that followed, momentum  in the campaign shifted to REMAIN with only a few days to go to the vote.

Almost inevitably, in the days following the murder, holes began to appear in the official narrative surrounding the case. News footage, purportedly showing the perpetrator being arrested at the scene of the attack, showed a man being treated for injuries in a road on a modern housing development, clearly not in the same area as the centre of an industrial town where the MP was assaulted. Strangely, in view of his having allegedly shot the MP three times and stabbed her with a 30cm bladed knife seven times there was not a spot of blood on the man being arrested in video shown on BBC and ITN news bulletins. And suspicious parallels between the assassination of Jo Cox and Swedish MP Anna Lindh who was murdered in 2004 as she campaigned for Sweden to join the Euro, the EU’s single currency system.

But not everything is going the way of bureaucratic dictatorship, tyranny and fascism.

In a great victory for lovers of freedom and democracy everywhere, Virgina Raggi, the candidate of anti EU party Five Star and top political hottie scored a crushing victory in the second round of Rome’s mayoral election. Five Star, founded only a few years ago by comedian and satirist Beppe Grillo are riding high in polls and look set to gain many seats in upcoming elections in Italy.

virginia-raggi
The city of Rome’s new hottie Mayor, Virginia Raggi

A parallel threat to the establishment is Liga Nord, another anti EU party which only contests constituencies in Italy’s industrial north. A Five Star candidate also triumphed in Turin’s mayoral election.
These victories emphasise the anti – EU, anti – authoritarian mood sweeping Europe, and if they are widely reported in alternative media (obviously establishment controlled mainstream media will barely acknowledge it) will be a last minute boost for the LEAVE campaign after the lies of REMAIN’S Project Fear have set out to give the impression that only British people are anti EU because we are “racist and xenophobic”.

Do these corrupt, dishonest neo fascist really think nobody in Britain is intelligent enough to have heard of Five Star in Italy, Front national in France, Germany’s AfD, Austria’s Freedom Party, the Sweden Democrats, Podemos in Spain and Syriza in Greece (two anti – EU socialist parties which prove that being against EU authoritarianism is actually not “right wing extremism”, in fact the authoritarians trying to turn Europe into a bureaucratic dictatorship are the extremists.

Rome Elects Virginia Raggi as City’s First Female Mayor


 

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