Europe

A few years ago President Barack Obama urged members of the European Union to admit Turkey. Now he wants the United Kingdom to stay in the EU. Even when the U.S. isn’t a member of the club, the president has an opinion on who should be included. Should the British people vote for or against the EU? The answer isn’t up to America.

What began in 1957 as the European Community (EC), or the Common Market, was a clear positive for the European peoples. It created what the name implied, a large free trade zone, promoting commerce across the continent.

Friday, a Russian SU-27 did a barrel roll over a U.S. RC-135 over the Baltic, the second time in two weeks. Also in April, the U.S. destroyer Donald Cook, off Russia’s Baltic enclave of Kaliningrad, was twice buzzed by Russian planes.

Vladimir Putin’s message: Keep your spy planes and ships a respectable distance away from us. Apparently, we have not received it.

Authored by David Hay, via EvergreenGavekal.com,

"Low interest rates cause secular stagnation: they do not cure it.” -CHARLES GAVE

 

“Negative interest rates are the dumbest idea ever.” -JEFF GUNDLACH, the new “King of Bonds”

 

“Laugh but listen.” -WINSTON CHURCHILL, addressing the British House of Commons, warning it once again of the rising threat posed by Nazi Germany, to derisive laughter.

Europe's conservative, anti-immigrant and anti-Muslim tide is rising and spreading at an accelerating pace from nation to nation.

Submitted by Mike "Mish" Shedlock of MishTalk

“Nightmare” Mistake: Visa Free Travel For 80 Million Turks Coming Up

Of all the inane, self-serving, deals German Chancellor Angela Merkel made with Turkey, visa-free travel for 80 million Islamic Turks tops the list.

“This is all a nightmare,” said one diplomat charged with making the deal work.

Nightmares aside, Brussels Prepares Legal Groundwork on Visa-Free Travel for Turks.