Tag Archives: 4 September

‘Losing Momentum’: ECB Cuts Interest Rate To New Record Low Of 0.05% – 4 September 2014

RT logoThe European Central Bank unexpectedly cut interest rates to 0.05% from 0.15% in a strong response to combat deflation. The move comes as the EU is struggling to boost its stagnating economy, which Draghi

“Growth recovery was losing momentum,” ECB President Mario Draghi said at the news conference after the announcement was made to cut rates further.

The ECB’s main refinancing rate has been cut 10 basis points to 0.05 percent, its marginal lending facility was decreased 10 basis points to 0.3 percent, and its deposit facility decreased 10 basis points to stay in negative territory at -0.2 percent.

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Mish / Mike Shedlock – Argentina To Circumvent US Supreme Court Bond Ruling Via French Banks; Comments On “Vulture” Funds – 4 September 2014

MishMikeShedlockIt’s increasingly likely that Argentina will come up with a way to get around a US supreme court ruling on bond payouts.

Here is the background …

Argentina defaulted on bonds following a debt crisis in 2001-2002. 92% of the investors agreed to haircuts, but an alleged “vulture fund” picked up an 8% share at rock bottom prices and refused to negotiate.
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“Welfare Not Warfare”: Protesters March On NATO Summit – 4 September 2014

RT logoHundreds of protesters marched from the center of Newport in a show of opposition to the NATO Summit. There are reports of several marches taking place in other Welsh towns.

An estimated 500 NATO opponents made a three-mile trek to the venue in a peaceful protest through Newport. The turnout appears to be well below the 2,500 predicted by organizers.

Chants of “Welfare not warfare” and placards reading ‘Nuclear NATO No Thanks’ and ‘Stop NATO’ were seen and heard amongst the procession, which was followed by two police helicopters.

video link

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France Kowtows To US By Suspending Mistral Delivery – Le Pen – 4 September 2014

RT logoFrance’s decision to suspend the delivery of the first of two Mistral helicopter carrier ships to Russia shows Paris’ obedience of American diplomacy, said National Front leader Marine Le Pen. Russia still believes that France will fulfill the contract.

France says it cannot deliver Mistral warship to Russia over Ukraine

“This decision is very serious, firstly because it runs contrary to the interests of the country and shows our obedience of American diplomacy,” Le Pen told France’s RTL radio.

She added that suspension of Mistral warships is also serious “for the reputation of France and the value of its word in trade relations.”

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John Ward – ISIS Beheadings Breaking….Next Jihadist Victim’s Lnks To Pat Robertson & US Christian Right – 4 September 2014

dch1David Cawthorne Haines

The Slog has established a clear commonality of Western religious fundamentalism between all three alleged and intended victims of ISIS ‘revenge’ for the Obama foreign policy. It casts further doubt on the people who “directed” the videos, and their motives. Above all, it suggests ISIS might be little more than a branding invention.

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DOJ To Open Investigation Of Ferguson Police Department – 4 September 2014

RT logoThe US Department of Justice will open a probe into the Ferguson Police Department over the August shooting death of an unarmed black teenager by a white cop, according to federal law enforcement.

The investigation by the US Justice Department will be carried out by the department’s Civil Rights Division and will examine “complaints of profiling and the use of excessive force” by the Ferguson police, officials who spoke on condition of anonymity told the Washington Post.

Cop-cam: Ferguson police to wear body cameras

The probe, according to the officials, will focus not just on Ferguson, but other St. Louis police departments, many of which employ a majority of white police officers in predominantly African-American communities.

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Donetsk People’s Republic In Talks With Russia To Supply Gas Bypassing Kiev – Report – 4 September 2014

RT logoAuthorities of the self-proclaimed Donetsk People’s Republic (DPR) say they are holding talks “at the highest level” in Moscow over the supply of Russian gas to the Donbass area bypassing Kiev.

In Moscow we have discussed the issues concerning the heating season and gas. We have a separate pipeline and we were guaranteed to receive gas supplies. The pipeline comes into the Lugansk region and covers the Donetsk region. We are the only two regions that in general do not rely on Ukraine,” the Minister of State Security of DPR Leonid Baranov told RSN radio.

However it is too early to talk about the price the Donetsk and Lugansk regions will pay for gas as it is still being negotiated, he added.

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