Italian Debt – A Financial Disaster Waiting To Happen

By Mark O’Byrne – Re-Blogged From http://www.Silver-Phoenix500.com

The new Italian government will increase public spending and public debt.

It promised to reduce taxes, introduce basic security and reform pensions. Italy’s Northern League’s leader Mateo Salvini surged in the polls and the party is now the strongest in Italy.

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Leftist Elected President of Mexico in Massive Landslide

By PJ McDonnell & Kate Linthicum – Re-Blogged From Liberty Headlines

Leftist Andres Manuel Lopez Obrador won Sunday’s presidential election by a landslide, ushering in a new era in Mexican politics that could have profound implications for the country’s domestic and international policies — including its relationship with the United States.

Lopez Obrador’s projected margin of victory was 31 percentage points — the largest in Mexico’s recent electoral history. His opponents conceded before any actual results were released, based on exit polls showing the firebrand populist’s commanding lead.

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The Land That Global Warming Forgot

By David Archibald – Re-Blogged From http://www.WattsUpWithThat.com

For the first time a major political party has gone into an election with an anti-green platform and won big time. Specifically the Conservative Party platform for the Ontario election on 7th June promised:

  1. This means no carbon tax or cap-and-trade schemes.
  2. Stop sweetheart deals by scrapping the Green Energy Act.

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What a Populist President Would Mean for Mexico

Re-Blogged From Stratfor

Highlights

  • Polls suggest Mexico’s populist coalition, led by the National Regeneration Movement, could win the presidency in the July 1 federal elections, along with a majority in the lower house and a near majority in the Senate.
  • If the coalition gains only a lower house majority, it will face heavier pressure from established parties, including the Institutional Revolutionary Party (PRI) and the National Action Party (PAN), to moderate its populist stance.
  • But the PRI and PAN will be weaker in the wake of the vote, assuming the polls bear out, and will have to rely on federal courts to halt potentially controversial legislative measures, such as energy or education reforms.

Andres Manuel Lopez Obrador, the National Regeneration Movement's candidate for Mexico's presidency, addresses the crowd at a campaign event on April 20, 2018.

(HECTOR VIVAS/Getty Images)

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‘Nightmare Scenario’ For EU Bond Markets As Anti-Euro Italian Government Takes Power

ByAmbrose Evans-Pritchard – Re-Blogged From http://www.Gold-Eagle.com

Firebrand populists of Left and Right are poised to take power in Italy, forming the first “anti-system” government in a major West European state since the Second World War.

Source: Wikimedia Commons

Leaders of the radical Five Star Movement and the anti-euro Lega party have been meeting to put the finishing touches on a coalition of outsiders, the “nightmare scenario” feared by foreign investors and EU officials in equal measure.

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Putin Plans for a Russia Without Him

Lauren Goodrich   By Lauren Goodrich,Senior Eurasia Analyst – Re-Blogged From Stratfor

Highlights

  • Though Russian President Vladimir Putin is assured an election win on March 18, his fourth term will usher in a period of deep challenges for Russia and his continued rule.
  • Putin’s pledge to maintain stability is facing economic and demographic shifts that will ripple throughout society and test compliance with Putin’s government.
  • Thinking of the longer term, the Kremlin is considering a spate of reforms and has allowed political discourse to return to Russia, though each maneuver is not without its risks.
  • Putin, his cultlike government and the Russian people are starting to consider what life in Russia will look like after he leaves the political stage.

Russian President Vladimir Putin commemorates the 75th anniversary of the Soviet Union's World War II victory at Stalingrad, now called Volgograd, on Feb. 2, 2018.

(MAXIM SHEMETOV/AFP/Getty Images)

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Ruling Climate Fanatics Obliterated in Aussie State Election

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

h/t JoNova – South Australians have finally tired of economic misery and expensive, unreliable green electricity; the government which created the mess has just been crushed at the ballot box, 25 seats to 18.

Jay Weatherill quits as leader after losing South Australian election

1888 Riots in Romania - Five hundred armed peasants marching to Kalarash1888 Riots in Romania – Five hundred armed peasants marching to Kalarash. By The London Illustrated News staff (“sketches by our special artists”) (The London Illustrated News, p. 482) [Public domain], via Wikimedia Commons
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