Following yesterday's openly confrontational, deliberately protectionist presidential address by president Trump, which in various circles has been dubbed the "American carnage" speech for obvious reasons, some of Obama's closest foreign friends are scrambling to find a role in a world that has drastically changed in less than 24 hours.
Germany is sending hundreds of soldiers to the Baltic region near the Russian border as part of NATO’s anti-Russia force. The troops will form part of a NATO force to deter Russia by deploying combat battalions in the three Baltic states of Estonia, Latvia and Lithuania as well as in Poland. Press TV reports: The 500-strong military contingent, including 450 troops from German armed forces and the rest from Belgium and the Netherlands, assembled in the Bavarian town of Oberviechtach on Thursday for deployment to Lithuania.
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Abstract
German Chancellor Angela Merkel and other Europhile politicians have pushed forward with an aggressive campaign to militarize the European Union. These plans have at times been kept from European citizens in certain states. The new EU Army appears to be supplied at least in part by NATO which is currently being affected by corruption scandals and the death of its Chief Auditor under suspicious circumstances.
European shares decline led by a plunge in Pearson shares, S&P futures were modestly in the green as Asian and EM stocks gained. The dollar rebounded against most major currencies after retreating 1.3% on Tuesday to the lowest in a month following Trump's "strong dollar" comments and halted a seven-day drop against the yen.
Shortly after Germany retaliated to Trump's overnight press attack, when German economy minister Sigmar Gabriel said on Monday morning that Germans would gladly buy US automobiles if only America could "build better cars", and that - responding to Trump's criticism of Germany's "catastrophic" refugee policy - he said there "is a link between America’s flawed interventionist policy, especially the Iraq war, and the [European] refugee crisis", Merkel fired her own shot across the bow of Trump's proposed protectionism, when she told industry leaders late on Monday that she would remai