The Illusion of the French Elections 

The Illusion of the French Elections 

The election of the Europeanist Macron, who is a real child of the banking system and of the forces of globalization, to the presidency of France has prevented, on the one hand, the automatic activation of the decomposing procedures of a European Union that is under the German control and has created, on the other hand, an incredible illusion in the bureaucratic circles of Brussels with regard to the prospects of its longevity. However, a…

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NEWS: Economic Managers Incompetent, Seeks Cabinet Reshuffle Nig Senate

NEWS: Economic Managers Incompetent, Seeks Cabinet Reshuffle Nig  Senate

The Senate wednesday kick-started its debate on the economic turmoil in the country, with some senators blaming the recession on the incompetence of some ministers in President Muhammadu Buhari’s cabinet. Senators, who did not mince words during plenary in the upper chamber, said that the president had put round pegs in square holes, observing that the incompetence of such ministers had largely contributed to the festering crisis. They called on the president to immediately reshuffle…

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Greece and the Euro Zone Crises.

It is exactly five years since Greece joined the European Support Mechanism with the close cooperation of the International Monetary Fund (IMF). At that time, the key and critical financial data were the following: GDP amounted to 222.151 billions at the end of 2010. The public debt was 148.3% as a percentage of GDP. Unemployment stood at 12.5%. The percentage of Greeks sho were living below the limits of poverty (earning less than 60% of…

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