Europe

Trains grind to a halt as strikes grip France

Transport chaos hit France again on June 1, just nine days ahead of Euro 2016, as railway workers went on strike in the latest salvo of a months-long battle between the government and unions.. Between a third and half of France’s trains were expected to grind to a halt, as workers from railway operator SNCF launched their eighth strike in three months, this time saying it will continue until demands for better pay and conditions are met… Source: Trains grind ... Read More »

How much is the bank making on your mortgage?

Irish banks earn the second highest margins on new mortgage lending in the Eurozone ECB figure show.. It’s difficult to avoid mortgages these days. Pick up a paper or turn on the radio and it seems it won’t be long before mortgages make an appearance; no, not people taking them out, but the shocking disparity – of about 2 percentage points – between what Irish property owners are paying on variable interest… Source: How much is the bank making on ... Read More »

Roberto Saviano: London is heart of global financial corruption

Speaking at the Hay festival, the anti-mafia journalist said British financial services made the UK the world’s most corrupt nation.. The financial services industry based in the City of London facilitates a system that makes the UK the most corrupt nation in the world, the anti-mafia journalist Roberto Saviano said at the Hay festival… Source: Roberto Saviano: London is heart of global financial corruption | Books | The Guardian Read More »

From Bosnia to Iraq: The Failure of Forced Coexistence

The obsession with inviolable borders often creates dangerously divided societies.. Janko Bekić The U.S.-led military interventions in Bosnia and Herzegovina, rump Yugoslavia, Afghanistan, and Iraq have revealed Washington’s inclination toward forcible regime change and external democratization, but also its propensity for the maintenance of the status quo in regard to international boundaries (with Kosovo’s secession from Serbia as an obvious exception to… Source: From Bosnia to Iraq: The Failure of Forced Coexistence | The National Interest Read More »

A Brexit side effect: Gibraltar fears border with Spain could close

Gibraltar could find its access to the single European market blocked by a hostile Spanish government if the United Kingdom votes to leave the EU… Source: A Brexit side effect: Gibraltar fears border with Spain could close Read More »

EU’s Juncker to visit Russia in June amid sanctions debate

European Commission President Jean-Claude Juncker will attend a high-profile economic forum in Russia in June and meet Russian President Vladimir Putin there, officials said on May 30, as the EU weighs whether to renew economic sanctions against Moscow. While several EU leaders including German Chancellor Angela Merkel have visited Russia since it annexed Crimea in 2014, the trip will be Juncker’s first as Europe’s chief executive and has already stirred debate on the EU’s fraught ties with Moscow… Source: EU’s Juncker ... Read More »

French and German leaders mark Verdun battle centenary

The French and German leaders mark the 100th anniversary of Verdun, the longest battle of World War One and one of its most brutal.. France and Germany have marked the 100th anniversary of the World War One battle of Verdun in north-eastern France with a call for European unity. France’s Francois Hollande and Germany’s Angela Merkel used Verdun as a symbol of both reconciliation between their nations and of EU integration… Source: French and German leaders mark Verdun battle centenary ... Read More »

Britain will be forced to join an EU ARMY unless we leave, says Armed Forces Minister

THE Minister in charge of Britain’s military has become the first member of the Government to confirm that if the UK remains under Brussels control it will be forced to join an EU army.. Armed Forces Minister Penny Mordaunt made the warning following revelations in the Daily Express that the Lisbon Treaty obliges Britain to join the EU Army. It also follows further shocking revelations that a plan to create it will be tabled the day after… Source: Britain will ... Read More »

Thousands of Muslims demand right to pray at Istanbul’s Hagia Sophia

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ISTANBUL // Thousands of Muslim worshippers descended on Istanbul’s world famous Hagia Sophia museum on Saturday to demand the right to pray there. An imam led a prayer in front of the vast building that was once a Greek Orthodox basilica, then a mosque and now a museum before crowds called for it to be restored as a Muslim place of worship. “Let the chains break, open Hagia Sophia,” chanted the crowds who gathered on the plaza in front of ... Read More »

Austerity policies do more harm than good, IMF study concludes

Economists give strong critique of neoliberal doctrine ushered in by Ronald Reagan and Margaret Thatcher in the 1980s.. A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades. In an article seized on by the shadow chancellor, John McDonnell, the IMF… Source: Austerity policies do more harm than good, IMF study concludes ... Read More »

Russia Ready to Improve Ties With Turkey But Ankara Should ‘Act First’

Moscow is ready to restore relations with Turkey, but the first step is up to Ankara, Russian President Vladimir Putin said. According to him, it is still unclear why Turkey hit the Russia’s Su-24 military aircraft. Vladimir Putin announced Russia’s willingness to resume relations with Turkey, but said the Ankara government should make concrete steps in this direction… Source: Russia Ready to Improve Ties With Turkey But Ankara Should ‘Act First’ Read More »

Banks tougher than vulture funds on debt forgiveness

Banks risk prompting compliant borrowers stopping payments if seen as easy on debt.. Labelled by Ulster Bank as “non co-operating”, some 900 of its mortgage holders who are deep in arrears and litigation learned this week the bank does not want the hassle of them any more… Source: Banks tougher than vulture funds on debt forgiveness Read More »

Is this Greek hilltop the 2,400-year-old burial place of Aristotle?

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Greek archaeologist ‘almost certain’ he has discovered the long-sought tomb of world’s greatest philosopher.. Greek archaeologists believe they have discovered the lost tomb of Aristotle, the greatest philosopher in history. Kostas Sismanidis said he was almost sure that a 2,400 year-old domed vault he unearthed in ancient Stagira was the burial place of the man credited with formalising logic… Source: Is this Greek hilltop the 2,400-year-old burial place of Aristotle? | World news | The Guardian Read More »

Blatant Hypocrisy: the Latest Late-Night Bailout of Greece

The new late night deal in the Eurogroup on the new bailout for Greece is another blatant hypocrisy by the dominant European Union powers, their partner-cum-competitor IMF (aka the US) and the Greek establishment (now represented by the SYRIZA government). The new deal is an uneasy compromise subject to a continuing tug-of-war between the US (through its proxy, the IMF) and the EU… Source: Blatant Hypocrisy: the Latest Late-Night Bailout of Greece Read More »

Turkish singer steps down as UNESCO goodwill ambassador in protest of Turkey stance

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Revered Turkish singer Zülfü Livaneli, who has been holding a post as UNESCO goodwill ambassador since 1996, has resigned, accusing the organization of “hypocrisy”, Turkish daily newspapers reported on Wednesday. Livaneli noted in his resignation letter that UNESCO has remained silent in the face of human rights violations, attacks on free speech and… Source: Turkish singer steps down as UNESCO goodwill ambassador in protest of Turkey stance – Turkish Minute Read More »

What does appointment of new Turkish prime minister mean for Moscow?

RBTH asked Russian and Turkish experts if there any hope of normalizing relations between the two countries under the new head of the Turkish government.. Turkey’s governing Justice and Development Party (AKP) elected Binali Yildirim as the new head of the party at its extraordinary congress on May 22 and, in accordance with Turkish law, appointed him as the new prime minister… Source: What does appointment of new Turkish prime minister mean for Moscow? | Russia Beyond The Headlines Read More »