Contributed by Harley Schlanger, LaRouchePAC, SGT Report:
In the build-up to the G20 summit in Hamburg, there was much happy talk coming from Trans-Atlantic government officials, Central bankers and the media about the arrival of the long-awaited “economic recovery.” From Brussels, European Central Bank (ECB) chairman Mario Draghi sounded cautiously optimistic, telling European Union leaders on June 23 that the EU is experiencing economic growth and an “improving business climate”, while ECB Executive Board member Peter Praet was much less constrained. In a meeting of bankers in Paris on July 6, he declared that the recovery “has gathered some further momentum recently,” and that there is a “solid upswing” becoming an “increasingly solid cyclical recovery.”
Contributed by Harley Schlanger, LaRouchePAC, SGT Report:
by Mark O’Byrne, Gold Core:
– China and Russia allied on Syria and North Korea
– Beijing & Moscow economic & monetary ties deepen
– Trump needs Russia in order to maintain balance of power in superpower triumvirate
– Sino-Russian relations currently in their “best time in history” says Chinese President ahead of G20
– China, Russia call for calm diplomacy on Syria, Korea
– China, Russia “fed up with Washington’s pursuit of hegemony”
– US is “biggest source of global strategic risks” according to China state media
– Important calm and diplomacy prevails to prevent nuclear war
Zepp-LaRouche: If Trump, Putin and Xi Work Together, the World Can Move Away from the Abyss and Towards a New Paradigm
from LaRouche PAC:
The G20 meeting held in Hamburg, Germany on July 7-8 did not produce anything resembling the kind of policy initiatives required to defeat the deadly crisis facing humanity, and the trans-Atlantic sector in particular. It did not address the global financial crisis, with its $1.5 quadrillion in bankrupt derivatives speculation. It did not discuss implementing a global Glass-Steagall policy, nor a Hamiltonian credit system, which alone can reverse the deadly collapse of the Western physical economies, as Lyndon LaRouche has conclusively shown in his Four Laws. Nor did it pose the issue of replacing geopolitics and war with a new approach to global relations. So in that sense, the G20 summit fell completely short of what it should have accomplished.
But a very positive outcome—in fact, breakthrough strategic progress—did emerge from that summit, largely as a result of a set of history-making bilateral meetings held on the sidelines of the summit, particularly the productive meeting between U.S. President Donald Trump and Russian President Vladimir Putin—despite every effort by the British Empire and its American allies to stop it from happening.
by Martin Armstrong, Armstrong Economics:
The German publication DWN has come out and warned that the German Pensions system is collapsing. They wrote:
The core problem of the German economy and society is miserable demography. A positive development, namely the increasing longevity of the population, is an extremely negative groundbreaking, namely a small number of children. This is reflected in one of the lowest birth rates in the world – and this has been the case for decades. The record-breaking birth rate is by no means rooted in a biological, but in deeper social causes and inadequate policies at different stages. One consequence is a pension system that is not sustainably financed , because the ratio of contributors and receivers will drastically deteriorate.
by Adam Garrie, The Duran:
Russian Presidential Spokesman Dmitry Peskov has commented on Vladimir Putin’s meeting with Donald Trump after a lengthy debriefing from the Russian President.
Peskov echoed statements from Vladimir Putin who said on Saturday that,
“Mr Trump’s television image is very different from the real person; he is a very down to earth and direct person, and he has an absolutely adequate attitude towards the person he is talking with; he analyses things pretty fast and answers the questions he is asked or new ones that arise in the course of the discussion. So I think that if we build our relations in the vein of our yesterday’s meeting, there are good reasons to believe that we will be able to revive, at least partially, the level of interaction that we need”.
by James Howard Kunstler, via Russia Insider:
But if Mr. Trump agrees to work with Mr. Putin despite a list of Russian transgressions beginning with the annexation of Crimea and ending with its interference in the 2016 presidential election, he will also look weak while Mr. Putin can claim that he reconstructed the relationship.
—The New York Times
America wakes up to astonishing bull tickey from its so-called Newspaper of Record in this lead front-page propaganda dump du jour. Granted, American education has succeeded in destroying the critical faculties of at least three generations so that the public drowns in a soup of unreality every day. In the news business now, as in the national life generally, anything goes and nothing matters.
from Hang The Bankers:
In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power.
That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world.
The massive power plant was built by Sungrow Power Supply, and can produce enough energy to power 15,000 homes. The exact size of the operation has not been revealed, but it produces twice as much energy as the previous holder of the largest-floating-solar-plant title, which was launched by Xinyi Solar in 2016.
by Thomas D. williams, Breitbart:
In a new interview, Pope Francis said he fears there are “very dangerous alliances between powers who have a distorted view of the world,” including such an alliance between the United States and Russia.
Pope Francis told his interviewer, the Italian journalist Eugenio Scalfari, that he was worried about the G20 summit, which brings together leaders from 20 of the largest economies in the world, along with finance ministers and central bank governors.
“I’m afraid that there are very dangerous alliances between powers who have a distorted view of the world: America and Russia, China and North Korea, Putin and Assad in the war in Syria,” Francis reportedly said.
from The Anti Media:
Qatif – For the past 60 days, Saudi Arabia imposed a devastating siege on the Shiite town of Awamiya. And of course, mainstream western media remains silent.
These photos aren’t from Yemen, they’re from the Saudi Arabian eastern town of Awamiya. Where Saudi forces are waging war against an oppressed shia minority. Saudi Arabia adheres to the extreme fundamentalist and intolerant sect of Wahhabism. Making it the country’s religious majority. This ideology is also enforced through state tactics. Which make it illegal to publicly carry out any religious practice or teaching that conflicts with Wahhabism. Even other Muslims (especially Shiites) are considered infidels by the Saudi government. And thus, all religious minorities in Saudi Arabia remain an extremely oppressed group; often lacking the same health care, public services, and wages granted to their Wahhabi counterparts; if not facing death.
Trump Cannot Improve Relations With Russia When Trump’s Government and the US Media Oppose Improved Relations
by Paul Craig Roberts, Paul Craig Roberts:
President Trump Has Been Contradicted by His Own Government, Which Has Lined Up Against Him in Favor of Hillary Clinton, the Democratic National Committee, and the Russophobic Presstitute Media that serves the military/security complex and the neoconservatives.
I am afraid that The Saker and Finian Cunningham are correct. Nothing can come of Trump’s meeting with Putin, because, as Cunningham puts it, “Trump doesn’t have freedom or real power. The real power brokers in the US will ensure that the Russophobia campaign continues, with more spurious allegations of Moscow interfering to subvert Western democracies. Trump will continue to live under a cloud of media-driven suspicions. And thus the agenda of regime change against Syria and confrontation with Russia will also continue. Trump’s personal opinions on these matters and towards Vladimir Putin are negligible—indeed dispensable by the deep powers-that-be.”