Europe

It all started early last night when the front month oil contract dipped below $28 giving a taste of what was to come. It was all downhill from there.

First Chinese stocks ended the recent ramp higher, with the Shanghai Composite closing down 1% back under 3000, then Japan's rout accelerated with both the Nikkei (-3.7%) and the Topix Index sinking into bear markets, both falling more than 20% from their 2015 highs.

Submitted by Danielle Ryan, op-ed via RT.com,

News broke last Saturday evening that the United States is to conduct a “major investigation” into how the Kremlin is “infiltrating political parties in Europe” amid “mounting concerns” of a new Cold War.

The exclusive, which was published by the UK’s Telegraph newspaper, revealed that James Clapper, the US Director of National Intelligence has been instructed by Congress to begin the major review into Russia’s “clandestine” funding of EU parties over the last decade.

Russia have accused America of arming ISIS militants in Europe with deadly chemical weapons, which they say will be used on the people of Europe in order to instigate a huge civil war.  A report circulating in the Kremlin says that the U.S. Army contracted 17 biological and chemical weapons companies to expand the bio-chemical weapons programme in Europe, which Putin has said puts Russia and the rest of Europe at “grave risk” from the weapons falling into the wrong hands.

Officials in Europe are handing out leaflets outlining the ethical behavior required from male refugees towards women, in case they want to suddenly express their repressed sexual feelings while enjoying freedom, liberty, democracy and a swim in Germany or other pools in Europe. It comes after the German town of Bornheim banned refugee men from public swimming pools after some local women complained of sexual harassment.

Tony Blair has said that Britain should be part of the proposed EU army and stay in the union despite the efforts of  “backward-looking” Euroskeptics to withdraw Writing in Newsweek magazine, the former Brutish prime minister said there has never been a stronger need for European unity and that the EU must bind together and ignore those who are “forever looking backward to break the union asunder.” RT reports: Blair said the rise of China and India as major global powers meant the balance of global power may shift.