Gold Is A “Reserve Of Safety” – Mario Draghi
European Central Bank’s President Mario Draghi recently announced that the ECB would be required to approve any management of gold reserves within the euro zone countries.
The statement was specifically directed at two Italian members. Why was Italy singled out?
By Anthony Watts – Re-Blogged From WUWT
From Focus Magazin (h/t to GWPF)
The failure to meet European Union climate targets will cost Germany billions. According to a report, the German deficit means the government will have to buy CO2 certificates from Eastern Europe for two billion euros.
While Germany is missing its climate target by just under three percent, countries such as Bulgaria, Croatia, Slovakia and Hungary are doing significantly better, according to a report by Wirtschaftswoche.
Apparently Berlin is already preparing to make the payments. A spokesman for Federal Environment Minister Svenja Schulze (SPD) told “Wirtschaftswoche”: “We would rather invest the money in climate protection and the modernization of the infrastructure in Germany.”
(I predict that Germany,when officially told they have to buy billions in CO2 certificates, will tell the EU to go “stuff it” -Anthony)
Re-Blogged From Eagle Rising
BUDAPEST, Hungary — When other countries welcomed refugees with open arms, Hungary decided it was time to eradicate illegal immigration at any cost.
The country succeeded, but that success damaged relations with the European Union in the process.
Hungary’s second border fence has just been completed in the southern town of Asotthalom. The 96-mile long, 14 ft. tall double-line of defense doesn’t look too intimidating from a distance. Go a little closer and you’ll notice several layers of razor-wire capable of delivering electric shocks, cameras, heat sensors and loud speakers ready to tell migrants they’re about to break Hungarian law if they as much as touch the fence.
By Joe Scudder – Re-Blogged From http://www.Constitution.com
While everyone mocked or reviled the Trump foreign policy positions, I couldn’t be happier with how things are going. In the first place, rather than go to war with Russia to defend terrorists, Trump plans to work with Vladimir Putin to destroy ISIS.
According to the Mirror,
President-elect Donald Trump and Russian leader Vladimir Putin have vowed to tackle ISIS together after holding breakthrough talks on the telephone.
Less than a week after the billionaire’s election, the Kremlin said Putin called Trump yesterday to begin negotiations over how best to tackle to terrorism.
The Russian is reported to have said he is ready for dialogue with the US “on the basis of mutual respect, non-intervention into each other’s internal affairs”.
According to the news agency Kremlin, Putin and Trump have agreed to “work to channel bilateral relationships into constructive cooperation, to combine efforts to tackle international terrorism and extremism, and to continue contact by telephone and to work towards meeting in person.”
By Walid Shoebat – Re-Blogged From http://freedomoutpost.com
The divide between East and West, Christian and Muslim just became deeper after not only the Hungarians voted against the European Union’s Muslim “quotas” for Hungary, but they rejected it by an overwhelming 98% margin:
98.3% of Hungarian voters have rejected mandatory EU asylum seeker quotas in a referendum proposed by PM Viktor Orban. But the opposition boycott of Sunday’s ballot appears to have worked, as turnout failed to clear the key 50 percent threshold.
Only 1.7 percent of the voters answered ‘Yes’ to the question “Do you want the European Union to be able to mandate the obligatory resettlement of non-Hungarian citizens into Hungary even without the approval of the National Assembly?”