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Greeks say 'No' in crucial Bailout Referendum
More than 61 percent of Greeks have voted “No” in Sunday’s referendum on the bailout deal and austerity measures, reported the Interior Ministry after almost 90 percent of the vote had been counted.
Thousands of people took to Syntagma square in front of the Greek parliament in Athens to celebrate the ‘No’ vote, which was called “a big Yes to democratic Europe” by the country’s finance...
Germany rules out Greek debt writedown
German Finance Ministry spokesman Martin Jaeger.
Germany has ruled out any restructuring of Greece’s debt to international creditors, despite a report by the International Monetary Fund (IMF) which shows the cash-strapped country is in dire need of debt cancellation.
An analysis by the IMF, which was released in Washington on Thursday, showed that Greece needed an extra EUR 50 billion (USD 56 billion)...
Bailout referendum rallies gather thousands in Athens
Two rival rallies took place in Athens on Friday. Police estimate that 25,000 came out to support the ‘No’ camp, which calls for the rejection of a new bailout deal with creditors in Sunday’s referendum, while 20,000 gathered to back the “Yes” vote.
Greece’s Prime Minister, Alexis Tsipras, who called the referendum last week to add more weight to his position in talks with creditors, addressed...
Netanyahu demands 'up to $45 bn' from US to stop Iran
Israel is hoping to receive $4.2-$4.5 billion a year in military aid from the United States for ten years, to counter the threat from Iran and oil-rich Middle East states that have been re-arming rapidly, a senior Israeli source has told Defense News
Under a 10-year deal signed in 2007, Israel receives just over $3 billion a year in American aid, with stipulations that over 70 percent of that aid...
Greece has no money to make IMF payment, interior minister says
Greece will not be able to make next tranche of debt repayment to the International Monetary Fund (IMF), as the country has no money to pay, the Interior Minister said.
“The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given,” Nikos Voutsis told Greek Mega TV’s weekend show on Sunday.
Asked about the...
US to Deliver F-35 Fighter Jets to Israel in 2016
US Vice President Joe Biden announced that the US government will provide F-35 fighter jets to Israel next year to the country a strategic advantage over its rivals in the Middle East.
The US government will provide F-35 fighter jets to Israel next year to the country a strategic advantage over its rivals in the Middle East, US Vice President Joe Biden said during a speech celebrating Israeli independence.
“Next...
6 U.S. Banks Have 278 TRILLION Dollars Of Exposure To Derivatives
The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment.
When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States. During the last financial crisis, our politicians promised us that they would make sure that “too big to fail”...
Germany to deliver submarine to Israel
A German-made Dolphin-class submarine in the Mediterranean port city of Haifa.
The German Federal Security Council has allowed the government to deliver another submarine to the Tel Aviv regime.
The German daily newspaper Süddeutsche Zeitung reported on Friday that the government of German Chancellor Angela Merkel will export the fifth of six promised Dolphin-class submarines to Israel after the council...
Illegal Aliens Can Get $24,000 In "Amnesty Bonuses" in America
And all of us tax-paying citizens will be paying for it…
President Obama, without consent of Congress or the American public for that matter, cleared the way for millions of illegal aliens to stay in the United States. He also opened the door for them to receive a massive amount of money from the American taxpayer, without having to do a damn thing.
Now that illegal aliens are able to get Social...
ECB to start printing €1.1 trillion next Monday
Following a governing council meeting of the European Central Bank it was announced that quantitative easing will begin in the eurozone from next Monday. In a desperate move to stimulate the euro, the currency used by 19 EU countries, the ECB will print money to buy €60bn worth of bonds each month. The bank has raised its eurozone economic growth forecast for this year from 1% to 1.5% but ECB President,...
Australia to cut free services for Aboriginals
A view of the community of Mimili in the Anangu Pitjantjatjara Yankunytjatjara lands, a local Aboriginal area in northwest South Australia.
The Australian government has decided to discontinue the provision of free water and electricity supplies to up to 200 indigenous communities, saying it can no longer afford the basic services, delegating it to state governments.
The remote communities, located...
Russia might bailout Greece
Russian Finance Minister Anton Siluanov.
Greece hasn’t outright asked Russia for a loan, but Russian Finance Minister Anton Siluanov said Moscow wouldn’t rule it out. His statement comes days after Greece openly opposed further economic sanctions against Russia.
“Well, we can imagine any situation, so if such [a] petition is submitted to the Russian government, we will definitely consider...
US to give Israel $350 million for Iron Dome
The US contractor for Iron Dome is Raytheon.
The US Senate has approved a multi-billion-dollar military spending bill that includes $350 million for Israel’s Iron Dome missile system.
The Senate passed the bill on Friday by a 89-11 vote.
The bill was sent to the White House for President Barack Obama’s signature.
The 2015 defense authorization bill also authorized $521.3 billion for Defense...
Bankster Lobbyists Try to Sneak Derivatives Bailout in Budget Legislation
More evidence Congress is a subsidiary of Wall Street and the banks.
On Friday Michael Krieger, the editor of Liberty Blitzkrieg, wrote about a behind the scenes effort by banksters to include a provision in government funding legislation that would make the Federal Deposit Corporation responsible for financial derivatives losses.
Last October, Krieger wrote about a similar push to put American taxpayers...
Cameron says will fight against EU's €2.1 billion demand
British Prime Minister David Cameron has said that he will fight against the European Union’s demand for an extra contribution to the bloc’s budget.
While addressing the British parliament on Monday, the premier said the UK would not pay “anything like” the 2.1 billion euros the EU has requested.
“It is not just about the scale of the money being demanded. It is also the timetable,”...