European

Goldman Warns Of "Short Term Indigestion" In Stocks, Expects European Double-Dip On Mutant Virus Surge

The global economy – or at least the US-Europe axis – is about to decouple according to Goldman. Just days after Goldman Sachs chief economist Jan Hatzius raised his US GDP forecast for 2021 from 3.9% to 6.4% on the back of expectations for much more aggressive stimulus rollouts from the Biden administration which Goldman…

The Slow Implosion Of The European Union

Authored by Bruce Antonio Laue via Taki’s Magazine, It was just supposed to be a trading organization, a way to make commerce easier and in so doing build a sense of friendship and understanding on a war-ravaged Continent. In fact it was called “The Common Market.” But even after having joined (after years of being…

2020: Accelerating Towards The European Superstate

Authored by Guillaume Durocher, The year 2020 has seen signification changes and further centralization of power in the European Union. There appear to be three major causes for this: British withdrawal from the EU which occurred on February 1, 2020. The coronavirus crisis, whose lockdowns have inflicted tremendous damage on the European economy, particularly in southern…

Record 41% Of European IG Bonds Have Negative Yields As ECB Buys Quarter Of All Eligible Corporate Bonds

As we showed last week (in 20 charts) while 2020 was certainly an unforgettable year for stocks, it was actually credit where the real action was – or as Goldman put it “a year like no other” – for two reasons: i) the direct injection of over $10 trillion in liquidity by central banks in…

Goldman's European Traders Summarize The "Unforgettable" 2020 In 10 Charts

In its final report for the year, Goldman’s European Weekly Kickstart team has put together 10 charts summarizing the “unforgettable” 2020 while looking at what’s in store for 2021. Goldman starts off chronologically, writing that as we entered 2020 European stocks were a sea of calm with no major elections planned in France or Italy,…

Human Health and Environment Discussed During European Parliament Workshop on 5G

By B.N. Frank High-speed internet is achievable, safer and more secure with a wired internet connection (see 1, 2). There is research that has already determined exposure to 5G and other sources of wireless “WiFi” radiation are NOT SAFE. Last year, the World Health Organization warned that high levels of Electromagnetic Fields (aka “Electrosmog”) could…

IRS Sent $1,200 Stimulus Checks to Random European Citizens, New Reporting Shows

By Brad Polumbo Congress is debating another round of COVID-19 stimulus legislation right now. But as the details continue to be hashed out, new evidence keeps mounting that shows just how wasteful and inefficient the first stimulus bill was. The $2 trillion+ CARES Act, passed in March, sent $1,200 “stimulus” checks to many Americans in…

Can Poland & Hungary Crash The European Plan?

By Elwin de Groot, Maartje Wijffelaars, and Piotr Matys of Rabobank Summary In this piece we take a closer look at the potential implications of a continued deadlock on the EU Budget and Recovery Fund What has happened, what are the key issues at handand what are the options to resolve this standoff? We ponder…

European Vega Rocket Suffers ‘Major Failure’, $400 Million In Satellites Destroyed 

A European Vega rocket suffered a cataphoric failure shortly after launch on Monday evening, leading to the loss of $400 million in satellites for Spain and France, reported Space News.  Around 2053 ET Monday, the Vega rocket blasted off from the spaceport at Kourou, French Guiana. The rocket’s initial phases appeared to go well, but…

NYC Schools Won’t Close Monday; Austria 2nd European Country To Adopt Mandatory COVID Testing: Live Updates

The US exceeded 100k newly confirmed COVID-19 cases for the tenth straight day on Saturday. Although they came in below Friday’s record, new cases exceeded 160k on Saturday, leaving the 7-day average at a record high, while deaths exceeded 1,300, topping 1,000 for the fifth straight day. One major development in the the US this…

European Union Moves To Outlaw Encrypted Apps

Authored by Eric Striker, The European Union is moving to ban end-to-end encrypted communication.  An EU council of ministers resolution spearheaded by French Prime Minister Emmanuel Macron and Austrian Chancellor Sebastian Kurz of the conservative Austrian People’s Party would mandate that apps such as Telegram, Signal, and WhatsApp provide European intelligence services with backdoor access in order to allow…

Race Activist Calls for Removal of All Statues, Murals and Stained Glass Windows of ‘White Jesus and his European Mother’

Race activist Shaun King on Monday called for the taking down of all statues, murals and stained glass windows of “white Jesus and his European mother”. King issued his statement on Twitter to his 1.1 million followers. “Yes, I think the statues of the white European they claim is Jesus should also come down. They…