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Informal Meeting in Austria: EU Heads Discuss May’s Brexit Proposal (VIDEO)

An informal meeting of the EU heads of state and government, devoted to Brexit as well as issues such as internal security and migration, is being held in the Austrian city of Salzburg, which started on Wednesday and is due to conclude later in the day.

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It’s Unclear Whether EU Will Fall Apart, But Change is Coming – US Investor

Change is coming, Charles Ortel, a Wall Street analyst, told Sputnik, commenting on the growing discontent with Brussels policies among Europeans and the increasing popularity of nationalist conservative parties. According to the analyst, the EU’s swollen bureaucratic apparatus remains a stumbling block in the way of Europe’s development.

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Swift turn: German FM says Europe needs bank transactions system independent from US

The European Union should set up a system that would allow Brussels to be independent in its financial operations from Washington, according to German Foreign Minister Heiko Maas. It is indispensable that we strengthen European autonomy by creating payment channels that are independent of the United States, a European Monetary Fund and an independent SWIFT […]

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‘Everybody in EU Understands That Russian Gas Cannot be Substituted’ – Scholar

During their August 18 summit, Russian President Vladimir Putin and German Chancellor Angela Merkel noted that the Nord Stream 2 pipeline project is profitable for both sides and should not be politicized. Speaking to Radio Sputnik, Gerhard Mangott, a political analyst from Austria’s Innsbrook University, shared his views on the EU’s energy issue.

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Euro could collapse without ECB bond guarantee – Italy’s right-wing Northern League party

Italy’s ruling Northern League party predicts the dismantling of the euro unless the European Central Bank (ECB) offers a guarantee to reduce yield spreads in the eurozone. “The situation can’t be resolved and it is going to explode,” the economics spokesman of Italy’s ruling Northern League party, Claudio Borghi, told Reuters.

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Libya, migrants & karma: Europe’s new migration policy wrecks on North African reality

The EU’s new plan to create refugee camps in North Africa is unlikely to ever work, as it’s never considered the situation on the ground – something that Europe helped create when it intervened in Libya, experts warn. Years of unending migrant influx have apparently stretched both the capacity and hospitality of some European nations […]

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Stockpiles of surrendered Western arms in Syria a sign of ‘gross interference’ – Russia

The Western-made weapons surrendered by armed groups in Deraa are “material evidence of gross interference” in Syria, according to Russian Foreign ministry. The Syrian province was under militant control for years. “Enormous number of Western-produced modern weapons and equipment was handed over by reconciled militants to the Syrian army,” spokesperson Maria Zakharova said, during her […]

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If Trump continues pushing Europeans, it would bring an end to NATO – Wimmer

Donald Trump’s policy of pressuring European countries on issues like defense spending, Russia cooperation or trade will ultimately end NATO, Willy Wimmer, Germany’s former State Secretary for Defense, told RT. Commenting on the outcome of this week’s NATO summit in Brussels, during which the US president criticized European members of the alliance of spending too […]

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Germany’s AfD Party Passes Resolution to Lift EU Sanctions Against Syria

The Alternative for Germany (AfD) Party is continuing its efforts to repatriate Syrian refugees, formally urging the German federal government and the EU to lift their debilitating economic sanctions against the Arab Republic.

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Trump’s trade tariffs pushing Europe closer to China & Russia

US President Donald Trump’s introduction of tariffs on steel and aluminum imports from Canada, Mexico and the EU will force them to build new trade ties, professor at Aalto University and CUHK, Carl F. Fey, told RT. “US actions will surely push the EU to strengthen trade relationships with other countries such as China. Russia, […]

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‘Abuse of Authority’: Senate Foreign Cmt. Chair Slams Trump’s Tariffs on Allies

WASHINGTON (Sputnik) – The newly imposed tariffs by the Trump administration on steel and aluminum imports from EU, Canada, and Mexico represent abuse of power, US Senate Foreign Relations Committee Chairman Bob Corker said in a statement. “Imposing steel and aluminum tariffs on our most important trading partners is the wrong approach and represents an […]

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Russia just won big in the European gas war

US will have hard time convincing key EU members to offset overreliance on Russian piped gas with US LNG. Russia’s largest gas producer Gazprom and the European Commission have recently resolved a seven-year anti-trust dispute. Much of this comes amid President Donald Trump’s so-called American energy independence push as well as both US and several […]

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US stocks tumble as Trump starts trade brawl against the world

American stock markets reacted negatively after the United States imposed tariffs on steel and aluminum imports from Canada, Mexico and the European Union. The Dow Jones Industrial Average dipped over one percent, S&P500 dropped 0.54 percent, while the Nasdaq was 0.16 percent in the red.

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US slaps Europe, Canada & Mexico with steel, aluminum tariffs

Unable to win concessions from from its trading partners ahead of the Friday deadline, the US has introduced tariffs on steel and aluminum imports from Canada, Mexico and the European Union. The new 25 percent tariff on steel imports and 10 percent tariff on aluminum imports from the EU, Canada and Mexico come into force […]

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How US is Twisting EU’s Arm, Trying to Throw Wrench Into Nord Stream 2

By trying to bring an end to the Russo-European Nord Stream 2 project, the US is pursuing its own economic interests rather than taking care of Europe’s energy security. Washington is seeking to boost sales of its own expensive liquefied natural gas to Europe, thus undermining the Old Continent’s competitiveness.

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