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Tag Archives: Czech

Concerns Grow About A Nuclear “Incident” In Europe After Spike In Radioactive Iodine Levels

Concerns about a potential, and so far unsubstantiated, nuclear "incident", reportedly in the vicinity of the Arctic circle, spread in the past week after trace amounts of radioactive Iodine-131 of unknown origin were detected in January over large areas in Europe according to a report by the Institute for Radiological Protection and Nuclear Safety, the French national public expert in nuclear and radiological risks. Since the isotope has a half-life of only eight days, the detection is an...

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Marine Le Pen In New York For Unexpected Visit, May Meet Trump

The leader of the French National Front Marine Le Pen, who according to a recent poll, has regained the lead in the first round vote of this year's French presidential election as the momentum of her main challenger Fillon has fizzled, is in New York on an unannounced visit less than four months before the election, according to a senior campaign official cited by Bloomberg. "Le Pen, who leads in the latest opinion poll for the presidency, is making a private visit to New York, her campaign...

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‘Czexit’ Looms As Traders Bet On Czech Republic Breaking Euro-Peg

Czech inflation spiked in the last two months, hitting the central bank’s target for the first time since 2012, heaping, as The FT reports, additional pressure on the country’s soon to be expired currency regime with the euro. Along with on-target inflation, the Czech Republic also boasts the lowest rates of unemployment anywhere in the EU at 3.7 per cent. Having kept an upper limit on the koruna in a bid to control inflation over the last three years, the central bank has been...

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Arrest Of Russian Hacker Calls Attention To Unfinished Business In Prague

Submitted by James Durso via RealClearDefense.com, Yevgeniy Nikulin, a Russian hacker wanted in the U.S. for hacking private firms, was arrested in Prague last October. The U.S. has requested his extradition, suspecting he has information on Russian government hacking.  With Russian hackers so much in the news, there will be close attention to this case, but Prague denied an extradition request last year, causing serious damage to American interests. In February 2016, the Czech...

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Czech Government Fears Muslim “Super-Holocaust”, Urges Citizens To Shoot Them Yourselves

On the heels of Czech President Milos Zeman's warnings of a possible "super-Holocaust" carried out by Muslim terrorists, urging citizens to arm themselves, WaPo reports the country's interior ministry is pushing a constitutional change that would let citizens use guns against terrorists if police are delayed or unable to make their way to the scene of an attack. Czech president Milos Zeman had previously proposed that economic migrants should be deported from Europe to...

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A Pessimists’ Guide To 2017: When Everything That Can Go Wrong, Does Go Wrong

There’s a lot to be worried about going into 2017 both in terms of financial markets and in terms of geopolitical concerns. Globaly, SocGen's latest quarterly "Swan Risk" chart points out that China is the big "'pure' economics" risk in the G5, with the "most significant risks with pockets of significant excess in housing, high debt levels and a burgeoning NPL problem," and thus they see the risk of a hard landing at 20%. Taking it one step...

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Let’s Expand The Electoral College

Submitted by Ryan McMaken via The Mises Institute, Far from being outdated and past their time, the ideas behind the electoral college are greatly underutilized. The electoral college is thought by many to be somehow uniquely American, but this is not the case. Similar mechanisms — sometimes called "double-majority" systems — have been used in many different times and places in political history.  The current confusion about the mechanics of the...

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Chart Of The Week: The Exodus Begins

In March, hordes of 'triggered' and 'fearful' liberals began to investigate just what it would take to leave the country if - horror of horrors - Donald Trump should win the US presidential election. As the following chart shows, that 'blip' of search hysteria appears to have been nothing compared to the overwhelming exodus that just occurred... trends.embed.renderExploreWidget("TIMESERIES", {"comparisonItem":[{"keyword":"move to canada","geo":"","time":"today...

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September Global Auto Sales Hit Record High Thanks To China’s New Car Bubble

In recent months the US auto industry has been bombarded with a barrage of bad news: starting with Ford's disastrous August sales when the company admitted "sales have reached a plateau", continuing to the surge in delinquent subprime auto borrowers hitting nearly a 7 year high as the marginal creditworthy car buyers disappears, then noting the record $4,000 in industry-wide new car incentives in September as preventing a plunge in last month's auto sales, and recalling last week's downgrade...

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Hungary To Amend Constitution, Block EU Migrant Plan

Submitted by Soeren Kern via The Gatestone Institute, The Czech Republic, Poland and Slovakia, all former Communist countries, also oppose the EU plan to relocate 160,000 "asylum seekers," which they say is an "EU diktat" that infringes on national sovereignty. "One of the principals underpinning the system is the primacy of EU law." — Margaritis Schinas, chief spokesperson for European Commission. "In the early autumn of 2015 we erected a fence on...

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