Tag Archives: europe

What Economic Recovery? Spain hits record unemployment, highest in Europe!

April 27, 2012, Spain’s National Statistics Institute announced that Spain’s unemployment rate is officially at 24.4%, the highest ever for Spain, and currently the highest in Europe!

That’s 5.6 million people out of work in a country with a population of 46 million people!

The 24.4% rate is for the first quarter of 2012.  It’s a 370,000 increase from the last quarter of 2011!

Now realize that Spain is considered the fourth largest economy in Europe!

The government of Spain plans on enacting even more spending cuts, and increases in taxes.  Mmmm, I think that’s whats actually making things worse?

What Economic Recovery? United Kingdom in Double Dip mode, “strong” Netherlands economy falling apart

Just two days after Spain went Double Dip, Britain is now officially in double dip recession.

On April 23, it was reported that the “experts” expected U.K.’s quarterly GDP report to show 0.1% “growth”, which would have kept it officially out of a Double Dip (I said “close enough”).

April 25, the Office for National Statistics (ONS) said Britain’s GDP actually dropped 0.2%. Aww, that means two quarters in a row of negative GDP, welcome to the Double Dip club!

Here’s the tally, so far: United Kingdom, Spain, Italy and Belgium are officially Double Dippers.

To add to the European Union woes, France and Germany (considered the strongest economies in Europe) are seeing GDP contractions.

Then there’s Netherlands, which was considered to have a strong economy as well.  However, the government has fallen apart, over arguments concerning cutting government spending and raising taxes.  The Prime Minister resigned and new elections are to be held in September.  The Queen of Netherlands (yes, they are an evil elitist monarchy just like the U.K.) has ordered the Prime Minister to stay on until after the new elections.  (this is just more Trilateral Commission operations to create a singular privatized government system)

What Economic Recovery? Spain officially in double dip recession, Britain on the verge

April 23, 2012, Spain’s Central Bank has declared the country officially in recession.

Gross domestic product (GDP) shrank 0.4% in the first quarter of 2012, following a 0.3% decline in the last quarter of 2011.   Decline for two quarters in a row makes an official recession.

The Spanish government says it will cut spending by $11 billion USD, and will increase taxes!

The United Kingdom is on the verge of double dip recession. Britain’s Office for National Statistics is expected to say on Wednesday that the economy grew(?) by a meager 0.1%.  

By the way, in order to be considered true growth your GDP needs to be at 3% or higher.  So Britain’s GDP is only 0.1%?  Close enough to call it double dip!

To make matters worse, the two “strong” European economies, Germany and France, are actually contracting!

Belgium and Italy have already crossed into double dip recession.

What Economic Recovery? IMF accepts Chinese Yuan policy against U.S. dollar, Japan loans IMF billions to bail out Europe, IMF says it’s not enough!

April 15, 2012, Japanese Finance Minister Jun Azumi, announced that Japan will lend $50 billion USD to the International Monetary Fund (IMF) to help bail out the European economies.

The IMF says at least $500 billion USD is now needed to bail out Europe!

On April 14, IMF managing director Christine Lagarde, said she welcomes the Chinese Yuan:  “I would like to welcome this important step by the People’s Bank of China to increase the flexibility of their currency. This underlines China’s commitment to re-balance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate.”

The Bank of China said it will allow the value of the yuan to fluctuate by at least 1%, against the U.S. dollar, when international markets open on Monday.  Up ’till now the Chinese central bank has allowed only a half percent fluctuation.

However, some analysts say allowing the value of the Chinese yuan to fluctuate more could result in even more volatility/instability for world markets.

 

World War 3: Russia to station naval fleet off Syria…Permanently

“A decision has been made to deploy Russian warships near the Syrian shores on a permanent basis.”-unnamed Russian Defense Ministry official

April 13, 2012, Russia’s Defense Ministry announced that a Russian naval fleet will continuously patrol the Mediterranean Sea, near the Syrian coastline.

The Black Sea Fleet will deploy to Syria around May.   Currently the Russian Kashin class guided missile destroyer Smetlivy is patrolling near Syria.

H3N2: First child case in U.S. state of Utah. Old folks home hit in Ireland.

April 12, 2012, a girl in Utah has become the first child in the U.S. to be infected with H3N2v swine flu, this year.  Back at the beginning of March three elderly people died from H3N2 in Maryland.

Utah state officials will not say how old she is.  She reportedly recovered after taking tamiflu.

The Centers for Disease Control and Prevention said she became ill after visiting a pig farm.  However, many of the previous H3N2 cases in the U.S. did not involve exposure to pigs.

H3N2v is related to H1N1.

In Fahan, Donegal, Ireland, a nursing home has been hit by the virus.

On April 9 it was reported that 14 people had become infected, with six dying.

Government officials reprimanded the nursing home for not reporting the illnesses sooner: “The lesson to be learned is, where you are dealing with vulnerable people in a private or a public nursing home, keep the Department of Health informed when anything … outside the norm occurs so we can help.”-Kathleen Lynch, Minister of State for the Elderly

The European Centre for Disease Prevention & Control said at least 12 old people throughout Europe have died since February 2012 (not counting the recent Irish cases).  They also say the number of deaths involving old people is surprising, since most studies are saying it’s children that are most vulnerable to H3N2v.

 

 

 

 

H5N1: Deaths in Egypt, more dead birds in Hong Kong, Vietnam tests new vaccine, USDA approves new vaccine

On 07 April 2012, a 36 year old woman went to an Egyptian hospital and died the same day.  She tested positive for H5N1.

She is the 5th Egyptian to die from H5N1 this year.  So far there have been nine confirmed human cases of H5N1 in Egypt this year.

In Hong Kong, at the beginning of April, a dead oriental magpie robin tested positive for H5N1.

Vietnam began testing the second dose of a new vaccine on 08 April.   1,000 volunteers from the provinces of Thanh Hoa and Ha Nam are taking the vaccines, they got the first dose in March.

The Vietnamese Army Medical Institute will make final analysis of the vaccine, according to European standards.

The U.S. Department of Agriculture has approved a new vaccine for poultry.

The vaccine maker, Ceva, says Vectormune HVT AIV vaccine has been tested against several types of bird flu viruses in different parts of the world: “Our research revealed such outstanding potency features and flexibility that we believe this vaccine can dramatically help in improving the control of Avian Influenza.”-Yannick Gardin, Ceva Santé Animale

 

World War 3: Iran stops oil shipments to Germany, Iran imposes sanctions on 100 European companies

April 11, 2012, Iran follows through on threat to cut off oil to Germany, now Italy is next.

Iran also announced sanctions against 100 European Union companies.  Sasan Khodaei, Deputy President of Iran Trade Promotion Organization, said the companies will no longer be able to sell products to Iran.

One reason for the sanctions is that Iran is now able to make the products for themselves.

 

Oil & Gas Prices: Iran officially stops oil shipments to Spain & Greece. Germany and Italy next.

April 10, 2012, Iran has officially halted oil exports to Spain and Greece.

The official government announcement comes after Iran canceled oil shipments to two Greek companies on April 5.

Back on March 16 Iran had named the next countries on its oil export ban list.  Those countries are Greece, Italy, Netherlands, Portugal and Spain.  This is in retaliation for the up coming European Union oil sanctions that go into effect on July 1.

Iran had already halted oil shipments to France and United Kingdom back in February.

According to an April 10 Reuters report, Iran is now considering halting oil exports to Germany as well.

 

Class Warfare & Privatization: Greek police now operate on rental bases

“…with the decision of Ministers of Protection and Finance, the Greek police is available for hire by private clientele. However, this means if the Greek police is hired by those who can afford it, there are no available forces for those who cannot.”-Proto Thema, Greek news media outlet

The Greek news media outlet Proto Thema reporting that Greek cops will now be rented out.

Greek officials claim this is the only way they can continue to fund law enforcement.

The cost: About $39 USD per hour for one cop, additional $13 if you need a cop car.

Police patrol boat $261 per hour.

Police helicopter $1,960 per hour.

As you can see, only the elites can afford police protection now, and the “people” are still being forced to pay taxes for such “police protection” that they now won’t get!

Greek officials say they have to go with the rent-a-cop plan because crime has skyrocketed, no shit Sherlock, youth unemployment in Greece is at 50%!