Epstein Secrets

nce is being born right before our eyes. Call it what you want. But call it something. Stop pretending it's not happening." ******* The Other War Yemen Inane image 1 More than Soo Yemeni civilians (although most people believe that this figure is much higher) have been killed and at least 100,000

only being kept out of the abyss by a debt restructure in 2012. And under that restructure it now owes money mainly to other European governments, the European Central Bank (ECB) and the IMF. These official creditors have slashed interest rates and stretched out maturities, but not enough. With a debt stock of 175% of G

ns. Protests against the rival authorities in Gaza and the West Bank haven't become the kind of full-scale revolts that hit Tunisia, Libya, Egypt, Yemen and Syria. But there is a growing sense that the leaderships of both Fatah (in charge in the West Bank) and Hamas (which controls Gaza) have lost

of the EU treaty's proscription of bailouts for governments; rejection of European economic governance; the ban on direct government financing by the European Central Bank; refusal to support mutual liability for debt; and, finally, the transformation of the ECB from a copy of the old Bundesbank into a European Feder

eds of thousands of people displ=ced have come to us from Syria, Iraq and Gaza, from the Central African Republi=, South Sudan, Ukraine, Nigeria and Yemen. Aid workers and journalists have b=en caught and killed in the crossfire together with the civilian population.</=pan> The total collapse in stabi

t economic activity had stagnated in France and declined in Germany and Italy. There have been some bright spots: The Spanish economy i= growing and the European Central Bank is adopting a policy that its chief, Mario Draghi, has dubbed "Whatever It Takes"—meanin= that he is willing to use all the monetary tools at his d

ns. Protests against the rival authorities in Gaza and the West Bank haven't become the kind of full-scale revolts that hit Tunisia, Libya, Egypt, Yemen and Syria. But there is a growing sense that the leaderships of both Fatah (in charge in the West Bank) and Hamas (which controls Gaza) have lost m

y of the EU treaty's proscription of bailouts for governments; rejection of European economic governance; the ban on direct government financing by the European Central Bank; refusal to support EFTA00711886 mutual liability for debt; and, finally, the transformation of the ECB from a copy of the old Bundesbank into a

ternative is the cruelty of the dictators' fightbacks in Tripoli and Damascus. Regional differences were ignored in the chain reaction that followed. Yemen's protests were galvanised by the drama in Cairo's Tahrir Square but they also involved tribalism, elite rivalry and a small but alarming al-Qaida pr

rkel's leadership. If we are talking about the European economy and currency, Germany is the indispensable power. Only the combination of Germany and the European Central Bank, working in unison, has a chance of calming the mighty markets. For more than a year now, Merkel has attempted to find the narrow — perhaps nonexist

quality. ¢ The economic recovery fails to gain momentum in the second half of the year. Credit demand fails to improve further as some of the recent European Central Bank (ECB) data indicates. The ECB cuts rates. ¢ Further quantitative easing by the Fed would be supportive for Bunds and speaks for lower yields. & Negat

in strongly — reaching 6.4 mbpd. Further supply growth would not bode well for WTI crude oil. We also look at oil supply related to Sudan, Syria and Yemen, which caused a 0.5 mbpd decline in global crude oil production capacity. It seems that these production capabilities will remain offline for a longe