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Eurosceptic parties are expected to make a strong showing at the polls on the ninth parliamentary election since 1979

The next election to the European Parliament is expected to be held between 23 and 26 May 2019, and will be the ninth parliamentary election since the first direct elections in 1979. A total of 751 members of the European Parliament (MEP`s) currently represent more than 512 million people from 28 member states.

The polarization of the European Parliament after the 2019 election is growing. Centrist parties, including center-left, center-right and liberal parties, are struggling to maintain a majority (376) of seats.

The ninth parliamentary election will make a big change because new parties such as Confederation and Kukiz15 of Poland, Czech Pirate Party of Czech Republic, Alliance, Basta! And Liberal Initiative of Portugal, USR and PLUS of Romania, LMS of Slovenia, Human Shield, Most and Workers Front of Croatia, L`SNS and Sme Rodina of Slovakia will participate.

For the liberals, the biggest hope is that the new La Rèpublique En Marche! of French President Macron will choose to join ALDE after the elctions.

However, En marche is expected to be more likely to try to form a new parliamentary group of pro-European centrists who support Macron`s plans to reform the European institutions, thus drawing away members from ALDE, EPP and S&D.

Possible partners for such a project might include Spanish Ciudadanos, Progressive Slovakia and the Hungarian Momentum Movement. While it is likely that En Marche will put together the minimum of 25 MEPs needed to form a group, the requirement to include MEPs from at least seven member states would be more difficult.

The European Spring initiated from the Democracy in Europe Movement 2025 will run as a pan-European party alliance with one unified vision for Europe; the European Green New Deal.

The most prominent figure is the former Greek minister Yanis Varoufakis, who will run as candidate in the constituency of Germany.

Volt Europa, a pan-European progressive movement, will run in several countries under the same name in the attempt to form its own group.

The leader of the Italian Five Star Movement has expressed a desire to form an anti-establishment faction of their own within the EU.

Pablo Iglesias, Catarina Martins, Jean-Luc Mèlenchon and several others have formed an alliance in Maintenant le Peuple opposed to the PEL, but they are likely remain in GUE/NGL.

The Movement is an alliance of right-wing populist parties set up by Steve Bannon with the purpose of contesting the European elections. Participating parties include Lega Nord, People`s Party of Belgium and Brothers of Italy and possible French National Rally.

Originally envisioned as an attempt to unite the right-wing populist parties in Europe. The Movement has so far been snubbed by the Alternative for Germany, the Freedom Party of Austria and the UK Independence Party.

The biggest party is the European Peoples Party (EPP), followed by Progressive Alliance of Socialists and Democrats (S&D) and Alliance of Liberals and Democrats for Europe (ALDE) + En Marche! Next can be Salvinis European Alliance of People and Nations (ex ENF).

EPP`s Incumbent Jean-Claude Juncker has stated he will not seek a second term as President. Two candidates sought the nomination of the EPP: Alexander Stubb, the Vice-President of the European Investment Bank, former prime minister, foreign minister and finance minister of Finland.

Manfred Weber, current group leader for the European People`s Party in the European Parliament and member of the Christian Social Union in Bavaria has been backed by Angela merkel as Spitzenkadidat for the party.

Oriol Junqueras, a Catalan historian, academic and former Vice President of Catalonia who is currently imprisoned because of his involvement in the 2017 Catalan independence referendum, is the Spitzenkadidat of the European Free Alliance.

Eurosceptic parties are expected to make a strong showing at the polls and all the Brexit-mess have made Eurosceptics more silent. So, instead of leaving the EU, Europes right-wing nationalists like Marine Le Pen of France, Italys Matteo Salvini, and the AfD will stay and rather try to «change the EU from the inside».

European economics commissioner Pierre Moscovici has warned of the dangers of a populist «breakthrough» for the EU`s future. He describes these elections as the «most delicate and most dangerous ever».

The nationalist Eurosceptics threatened to «destroy the EU as we know it», Pierre said. Choose your future.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The EU deal is about a method of avoiding the return of a physical Northern Ireland border

Prime Minister Theresa May have spent over two and a half-year to negotiate with EU to leave the European Union. Later on today, the Parliament will vote on the deal and the question is not whether Mrs May loses but how badly it will be.

The opposition party will vote against her deal on Tuesday, and a defeat by more than 100 will be the worst since 1924. In other words; the Brexit deal is set to be rejected in the biggest Parliament defeat for a British government in 95 years, according to Bloomberg. 10% of the business is with the EU and 90% is outside of the EU.

More than 30 million people voted on the EU referendum in the U.K. Leave won by 51,9% to 48,1%, and the referendum turnout was 71,8%. The referendum was held on Thursday 23 June 2016. Since then, Theresa May have made a deal with the European Union.

England voted for Brexit by 53,4% to 46,6%, and Wales voted for Brexit with leave getting 52,5% vs Remain 47,5%. Scotland and Northland Ireland both wanted to stay in the EU. Scotland voted to Remain by 62% vs 38%, while Northern Ireland voted for a Brexit at 44,2%.

The idea to the European Union started right after World War II, and the idea is to avoid a war with each other by having European countries to trade together.

There are 28 countries in the EuroZone and that is not the same as the European Union which is «only» 19 countries with its own parliament, sets of rules and the same currency; the Euro.

The EU is an economic and political partnership and the idea is that countries which trade together were more likely to avoid to go to war with each other. People from the member states can move over the borders without any questions and so can goods and money.

Article 50 of the Lisbon Treaty gave PM Theresa May and the EU two years to come to an agreement. Both parties scheduled to leave the EU at 11pm UK time on Friday, 29 March 2019, but a European court has ruled that the UK can decide to stop the process. It can also be extended if all the 28 EU members agree.

Communist Jeremy Corbyn wants to try to force a general election if there is no deal later today, and if the UK`s main opposition party Labour succeeds, they wants to go back to Brussels and negotiate a new version of Brexit.

PM Theresa May has warned Conservative Mps thinking of voting against the deal she has reached with the EU that they risk «no Brexit at all». That happened in another referendum which was backed by the SNP, the Green Party, Plaid Cymru, Lib Dems, some Conservatives and a large group of Labour Mps. They want the public to be given the final say, with the option to remain in the EU.

There is a 585-page withdrawal agreement. It covers the cost for the UK to leave the EU and that is an estimated £39 billion. It also proposes a method of avoiding the return of a physical Northern Ireland border.

The Northern Ireland Democratic Unionist Party will vote against the deal. They have a 310 mile land border with the EU and this is a point that dominated the Brexit talk. Nobody wants surveillance cameras at the border because the question is free cross-border flow of trade and people.

So, is it gonna be a hard border, soft border or no border at all? Both, the UK and EU agreed to put in place a «backstop» to ensure there is no hard border whatever the outcome of the trade talk between them. This is a safety net wich is good for both parties.

All the opposition parties in the House of Commons and the Labour party have said they will vote against the deal. In addition; some reports say as many as 100 are also opposed to it. The Northern Ireland Democratic Unionist Party, who PM Theresa May relies on to keep her in power, have also said they will vote against it.

PM Theresa May argues that if her deal is voted down, Britain risks leaving without a deal, and some think it will cause chaos at the ports and damage industry. Alternatively, she says, there will be «no Brexit at all».

Mrs May need at least 320 votes to pass and so far it seems to be difficult. Some say that the deal they have today is not what they voted for. Others say it is even worse than staying in the EU.

Nobody know for sure whats gonna happen if the Parliament rejects the Brexit plan, but there are a few scenarios; they can leave the EU without a deal or they can have another vote in Parliament. They can also go for another EU referendum or a general election, or Mps can remove Theresa May and start to renegotiate a deal with the EU.

If some of this happens, the Brexit date of 29 March will therefore be delayed by a few months and that should be enough to renegotiate a deal if EU agree.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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President Emmanual Macron criticized President Donald Trump for being a Nationalist but should take a lesson from him

French President Emmanuel Macron criticized the U.S President Donald Trump a few weeks ago. Macron said Trump was a Nationalist, and Mainstream Media (MSM) followed up to say that Hitler was also a Nationalist. Wow, what a comparison.

What journalists in the MSM is not telling people is that even Mahatma Ghandi was a Nationalist. The National Movement in India and the role of Mahatma Ghandi and Non-Violence is an example. Employing nonviolent nationalist movements as his weapon, Ghandii stirred Indian men and woman to «fight» for independence without shedding blood. But Ghandi was also a populist. Just like Trump.

Ghandi considered himself one, and his mission was primarily the establishment of a free, independent, culturally distinct Indian nation. He used to say that “nonviolent nationalism is a necessary condition of corporate or civilized life.” (As opposed to violent nationalism).

In the book “Autobigraphy of a Yogi” the writer, Paramahansa Yogananda, quotes Ghandi`s own words on nationalism:

“I call myself a nationalist but my natioanlism is as wide as the universe; it embraces all nations. My nationalism includes the prosperity of all nations. I do not want my India to raise on from the ashes of other nations. I do not want India to ever exploit any human. I want a strong India able to transfuse its strength to other nations.Today, none of the European countries does this; they do not transfer power to other nations.”

Ghandi was also a populist. Who know that? Populist rule is bad for democracy, but despite that, we can see that populists are being voted into office in country after country. Narendra Modi win elections when the institutionalized ties between non-populist parties and voters decay.

But there is a big difference between the populism we see outside of the U.S than inside. Trumps populism is good populism while many of the other populists are bad. Trumps plan is “America First,” and that`s why he is cutting taxes, made a lot of reforms and negotiated better trade deals.

There is no doubt that European Union is important, but at what cost? Take a look at President Macron. The man who talked about Trump`s Nationalism in his speech while MSM followed up with Nazi stories.

But who is in real trouble here? Rebels in Paris blasts Mr Macron for his gas tax hikes. The opposite of what Trump did. He cuted the taxes and the U.S economy is booming. The U.S unemployment is low while it remain high in France.

This is not the fist time I`m writing about the protesters in France. This is something that has been going on for years and decades. France need to do something to make a change, but do Macron have something to learn from Trump? It remains to see.

But it seems like Macron is doing the opposite of Trump who are a Nationalist and a Patriot. Trumpis doing what he can to protect his own citizens. Its all about "America First" and he wants to Make America Great again. Whats wrong with that?

President Macron is a part of the European Union which is driven by faceless bureaucrats. A collaboration the United Kingdom wants to leave. A collaboration that communist Jeremy Corbyn want to join again. Done by a second referendum.

But Paris rioters steal police rifle and torch cars while they are protesting fuel taxes, but the demonstrations are also an indication of growing animosity toward Macron. President Trump is on his own people`s side but President Macron seems to be against his own people with bad decisions.

People in France believe that Macron is serving the interest of the EU and not the French workers. A President should represent the people, “We the People,” but the French protest movement, known as jilets jaunes (yellow vests), are protesting against its own President and the state of France`s economy as well.

President Macrons popularity is low and will be so for quite some time, because he has given no indication he will bend to the peoples demand. This will give Macron`s political competitors like Marine Le Pen a huge advantage.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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NATO not welcome in Trondheim by Norwegian Communists

In autumn 2018, Norway will be the host country for NATOs largest military exercise, known as Trident Juncture. But some people in Norway doesnt like that; The Communists in Norway. They will hold a Anti-NATO demonstration to take place in Trondheim on October 20th.

A few days ago there were many posters in Trondheim with this headline; NATO NOT WELCOME! But 40,000 troops are now in Norway from 30 nations, with 140 combat aircraft, 70 ships and 10 000 military vehicles. What they want is to train for war in central Norway.

According to the Communists in Norway, the exercise costs Norway more than 2 billion NOK and will create pollution for people and the natural environment.

The Communist Party of Norway and the Communist Youth of Norway organize a large demonstration and public meeting against the NATO military exercise on 20th of October 2018 at 13:00 pm in Tordenskjoldsparken in Trondheim.

People have often told me not to buy any American stocks, so I think I know what people I have around me. This is people with a Marxist-Leninist perspective. The same group of people can be seen in Turkey, Poland, Venezuela and Hungary to name a few.

This is people who don`t like capitalism. They are anti-capitalists and fight against what they call «imperialism.»

On their website they have this note; In the European Union the rate of unemployment in women was 10,6% in 2012 and 10,1% in 2014 (Eurostat), while the total number of women living within the limits of poverty reaches 65 million!

They also had this note; In the capitalist world especially in western Europe the labour achievements came as a result of constant and bloody class struggles. The existence of the Soviet Union and the example of the socialist construction forced a significant number of western bourgeois governments to grant some social and labour rights to their people.

However, after the counter-revolution in the USSR and eastern Europe, these social and labour rights were ferociously attacked. Today (in 2016), we live the capitalist barbarity of mass unemployment, underemployment, reduced salaries, mass lay-offs, zero-contract labour relations, child capital`s profitability; from the U.S of the 47 million people who live on the edge of poverty to the European Union of the 25 million unemployment people!

My note: This number is from 2016 and have changed. Unemployed people in the EU is now 17 million while it is 6 million in the U.S.

Furthermore, they say; the public healthcare system that was established in the Soviet Union consists a significant example of socialist construction. In Soviet Russia there was a broad state network of healthcare, based on the centrally planned socialist economy, which provided free services of medical care for the whole population.

In capitalist Russia of Mr Putin, life expectancy rate declined. In 2004 it was at 63 years of age. Furthermore, in capitalist Russia of oligarchs and monopoly groups, healthcare isn`t free and public anymore; numerous state hospitals and clinics closed while large private hospitals were created, the work «accidents» were increased (6,000 deaths every year) and the Russian working people have to pay for the services in the existing public hospitals, the Norwegian Communists say on their website.

They also talk about public and free education system. A unique achievement of Socialism`s construction in the Soviet Union was the complete elimination of illiteracy and the rapid increase of the educational level, and the author came up with this conclusion;

In any sector of the social and economic life, Socialism proved its superiority over Capitalism. And when we talk about «superiority» we refer on how the Socialist system managed to satisfy peoples needs by eliminating the exploitation of man by man.

Capitalism, with it`s anarhist nature in production and the deification of profit, has nothing more to offer to humanity except from poverty, misery, unemployment, inequalities and wars.

The Soviet Union and the socialist states of the 20th century, despite their existed problems, proved that a better world is possible. Despite the temporary historical setback of the 1989-1991 counter-revolution, nothing has finished. The end of history didn`t come, Mr. Fukuyama and dear apologists of Capitalism.

Socialism-Communism is the future of humanity, author Nikos Mottas said. A PhD candidate in Political Science, International Relations and Political History, and the editor-in-Chief of «In Defence of Communism.»

My note: Why do communists always talk about non-profit organisations like health-care systems and educational systems? You can also add the police force and fire department. They are all non-profit organisations. But they do not create something. It`s just a little part of the society and just a cost.

Capitalism and profit organisations are something different. A mix of Capitalism and Socialism and Communism can be a better way. In other words; a mix of non-profit and profit organisations. Its not a question about Capitalism or Communism. Its both. A mix.

You dont buy stocks in a hospital or a police force. Its a non-profit organisation. But you buy stocks in Apple so they can grow and voila; you have a revolutionary product called; iPhone. That`s wealth for you. It made the world a better place. It made your life more easy.

Socialism and Communism are both old words. They belong to the old school and doesn`t sound good at all. Why not change the words? Why not call it “Crowdfunding?” A much better word.

The Communists in Norway will hold a public meeting with the theme «How do we fight imperialism?» and the meeting will take place in Trondheim at 18:00 pm. After the meeting there will be a social gathering.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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The European Union rose “only” 0,4 percent in Q1 of 2018

Last week I talked about America`s fantastic growth of 4,1 percent on quarter in Q2 of 2018, and this is only the beginning. It is no doubt; President Trump must be doing something right. But, what about the European Union?

GDP in the European Union rose «only» 0,4 percent on quarter in the first three months of 2018. Not much to write home about. But the growth have never been above 1 percent since the financial crisis in 2008.

The European Union reached an all time high of 1,30 percent in 1999 and that is right before the tech bubble burst. Since then it has been a dead fish, reaching an all time low of -2,60 percent in the first quarter of 2009.

At the same time we can see that the unemployment rate reached a record low of 6,80 percent in February of 2008, and that`s right before the financial crisis. It reached an all time high of 11 percent in February 2013, but in May this year it fall down to 7 percent again.

This isn`t good enough if we are living in a capitalistic world.

The European Union in Brussels are nothing more than unelected bureaucrats. Draghi and the ECB have, just like Japan and the U.S «printed» a lot of money, and will continue to do so. If they can`t turn around the ship, they need to consider a strong cheerleader.

European Commission President Jean-Claude Juncker had a meeting with President Trump last week. They were talking about trade, free trade and tariffs. Mr Trump`s goal is to make better deals so both the U.S and the EU can take more profit and prosper.

I think that the EU should be glad for that and they need to hurry up. The U.S is the world`s third biggest exporter, yet exports account «only» for 13 percent on GDP. Exports in the U.S reached an all time high of 215328 USD million in May this year, which is pretty impressive.

The EU has 28 member states and the biggest among them all is Germany (21 percent of total GDP), the United Kingdom (15 percent), and France (15 percent).

Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. But this is about to change. If the UK contribute with 15 percent of the total GDP in the EU, then what will happen to their growth after Brexit?

That being said; nor is the UK a success story. The British economy grew by 0,1 percent in the first three months of 2018 and well below 0,4 percent in the previous period. It is the lowest growth rate since a 0,1 percent contraction in Q4 2012.

The largest contribution to growth in the UK was from household spending at 0,2 percentage points. From the production side, the service industries made the largest contribution to GDP growth, followed by production.

Agriculture, the smallest component within the output approach of GDP made no contribution to growth to one decimal place, while construction deducted from GDP growth. The service industries increased by 0,3 percent.

Positive growth was recorded within all sub-sectors of the services industries; distribution, hotels and restaurants (0,1 percent vs -0,1 percent).

President Trump have repeatedly said that the EU have treated the US very bad. I have written many articles about that long before Mr Trump`s inauguration. The European Commission has fined Google €4,34 billion for breaching EU antitrust rules this month.

In May 2009, Intel was imposed with a 1,06 billion euro fined for abusing its market dominance on central processing units. Microsoft has been in trouble with the Commission on several occasions. In 2004, the Commission ruled that Microsoft had abused its market dominance.

In 208, the Commission fined Microsoft nearly 900 million euros for charging «unreasonable» royalty fees. In 2013, another fine of 561 million euros was imposed on Microsoft. This time for failing to comply with the Commission`s ruling that it had to allow users to more easily choose a prefered web browser.

The European Commission fined Facebook for 110 million euros in May this year in relation to its takeover of WhatsApp. Facebook acquired the messaging service in 2014 for $19 billion, but provided the Commission with misleading information about the acquisition.

In August 2016, the Commission ruled that tech giant Apple had received illegal tax benefits from Ireland worth up to 13 billion euros. Ireland was ordered to recover the unpaid tax from Apple, plus interest.

As early as 1966, British Politician Tony Benn said that «Communism run by commissars from Moscow did not work, and nor will capitalism run by commissioners in Brussels. Both deny people their right to develop in their own way.»

Now, under President Donald Trump, big companies like Apple are moving home to the United States with billions of dollars. Apple alone, are bringing in $230 billion. They will build new plants and a magnificent campus.

They will spend their money wisely and the money will be in the U.S. All this is possible because of Trump`s tax cuts and reforms. This is how you make growth.

 

 

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