Roberto Abraham Scaruffi

Monday 31 August 2015

The European Union Times


Posted: 30 Aug 2015 03:47 PM PDT

A submerged ancient city, found in Greece by an international team of archeologists, dates back to the 3rd millennium B.C.
Though the ruins were found underwater back in 2014 as a team of archeologists from the University of Geneva was undergoing diving training in Kiladha Bay in the Argolic Gulf, the actual age of the city was undetermined until now, Le Parisien reported.
The group of Swiss and Greek researchers returned to the site in 2015 to explore the remnants of stone buildings of differing shapes, fort walls and paved surfaces which they believe to be streets.
They have determined that the buildings match the type built in the Greek Bronze Age, and the defensive walls and towers are of a “massive nature, unknown in Greece until now,” Swiss archeologist Julien Beck, the leader of the research group, told Spero News.
“The chances of finding such walls under water are extremely low,” he added. “The full size of the facility is not yet known.”
By now the scientists have pulled up about 6,000 of artifacts from the site that adds to the network of Bronze Age coastal settlements in the Argolic Gulf. The researchers hope the discovery will help them to find out more about trade, shipping and day-to-day life of the period.
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Posted: 30 Aug 2015 03:42 PM PDT

The Congressional Budget Office predicts a negative evaluation of the US revenues in the coming 10 years.
The analysts noted, that despite the current growth of the country’s revenues, the problem of a huge public debt still cannot be solved, that can generate a twofold deficit of the state budget by 2025.
Government revenue will continue to increase, and will reach $5 trillion by 2025, which would be roughly 50% higher than it is today. However, government spending will grow at a much greater rate, and will increase faster than economic growth. “Later in the coming decade, under current law, growth in outlays would outstrip growth in the economy; outlays would rise to 22 percent of GDP in 2022 and remain at that level through 2025.”
By 2025, the US Government will have a $1 trillion deficit, which would be a 135% percent increase from today’s deficit.
And if a stock market collapse, or economic crisis happens by that time, “government’s debt will be astronomical,” the analysts concluded.
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Posted: 30 Aug 2015 03:25 PM PDT

Asian stocks take heart from a sharp rebound in US shares, breaking a six-day losing streak which plunged global markets into mayhem.
The turnaround came after carnage on global markets which shaved $2.2 trillion off US stocks, with China being at the epicenter of the financial tremors.
China’s Shanghai Composite Index on Thursday rose 2.2% to reclaim the critical 3,000 mark. The benchmark’s steep decline on Monday triggered a massive global selloff and stoked worries about China’s economic health.
The gain was notable given that China’s shares took an exception the previous day to decline after markets steadied across the globe.
Japan’s Nikkei average closed up 1.1 percent after rising 3.2% the previous day. European markets took their cue from Asia, with Germany’s DAX opening more than 2% higher. British and French shares were also up at similar rates.
The rallies came after US shares rose sharply, with the Dow Jones industrial average marking the third-biggest surge of all time at 600 points or 4%.
Soothing words from President of New York Federal Reserve Bank William Dudley led to the rally. His remarks that an interest rate hike in September seems “less compelling” eased concerns that the move would put further pressure on markets.
US investors are worried that raising interest rates could take the steam out of the economy and lead to a downturn. Those concerns led to panicked selloff of shares on Monday which came after declines in China.
Not lifting interest rates, however, could signify that the global economy remains exceptionally weak. This means the recent trouble is far from being over and more turmoil could be down the road.
The Chinese government’s intervention to devalue the yuan triggered fears the world’s second largest economy might be in a worse shape than thought.
China has emerged as the bellwether of the world’s economic health and its market developments are having far-reaching effects.
Crude oil markets were also boosted from the rebound, with US futures rising 2.2% to $39.45 a barrel. Europe’s benchmark Brent rose 2.3% to $44.11.
The oil market, which is already under pressure from a huge supply glut due to Saudi Arabia’s maximum production, took a double whammy from the recent financial turmoil, with prices slumping to 6.5-year low.
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Posted: 30 Aug 2015 03:09 PM PDT

With tropical storm Erika likely to make landfall on Monday, Florida has declared a state of emergency and is bracing for impact. The storm has already devastated the island nation of Dominica, leaving as many as 20 dead in its wake.
Florida Governor Rick Scott issued the emergency proclamation on Friday, as the storm drenched Puerto Rico and the Virgin Islands while making its way towards Hispaniola. There is a slim chance the storm might break up in the mountains of the island shared between the Dominican Republic and Haiti, but forecasters consider it most likely to proceed along the eastern coast of Cuba and hit Florida by Monday morning.
The US Coast Guard has warned mariners to prepare for gale winds and leave the ports in Southern Florida if at all possible.
“All oceangoing commercial vessels and oceangoing barges greater than 500 gross tons should make plans for departing the port,” the Coast Guard said in a statement.
Thousands were without electricity in Puerto Rico on Friday as the storm caused landslides and knocked down trees and power lines across the island. Governor Alejandro Garcia Padilla has called up the National Guard as a precaution. Government offices and schools were closed, and residents were warned to stay indoors.
“[Erika] is unlikely at this point to become a hurricane,” said Chris Landsea, a meteorologist with the US National Hurricane Center in Miami. “The main threat will be rainfall. You’ve seen some horrific rainfall in the Caribbean with what happened in Dominica.”
At least 20 people died, and more are missing in Dominica, the tiny Caribbean island nation sandwiched between Guadalupe and Martinique. The island’s prime minister, Roosevelt Skerrit, has posted images of the devastation on his Facebook page.
At the Cape Canaveral launch facility, the US Navy is still hoping to proceed with the launch of a key communications satellite. The fourth Mobile User Objective System (MUOS) satellite, which is designed to provide secure cell-phone coverage to the US military worldwide, is scheduled to be lifted into space at 6:07 am local time on Monday by an Atlas 5 rocket.
“The storm track is highly variable, but right now the range remains poised to support launch operations,” said Lt. Colonel Thomas Ste. Marie of the US Air Force’s 45th Space Wing, according to the Orlando Sentinel.
Erika will make landfall on the tenth anniversary of Hurricane Katrina, a Category 5 storm that devastated the Gulf Coast in the last days of August in 2005. It was the costliest natural disaster in US history, displacing over a million people and killing 1,836. Damages from the storm and subsequent flooding have been estimated at $150 billion.
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Posted: 30 Aug 2015 01:34 PM PDT

A new report prepared by the Ministry of Foreign Affairs (MoFA) circulating in the Kremlin today shockingly states that President Barack Obama is “directly responsible” for the “murders by neglect” of over 238,000 American military veterans whose service to the United States was repaid by his regime in a manner Federation experts can only conclude “rises to the level of outright genocide”.
According to this report, President Obama, as Commander-in-Chief of all US military forces, is solely accountable for the welfare and treatment of all 21.8 million American veterans via his regimes Department of Veterans Affairs (DoVA).
Instead of caring for these veterans however, this report continues, DoVA whistleblower Scott Davis, a program specialist at the Veterans Affairs National Health Eligibility Center, provided secret documents to the US press proving that as of April, 2015, there were 847,822 veterans listed as pending for enrollment in DoVA health care, but of those, 238,657 are now deceased, meaning they died after they applied for, but never got, the health care they desperately needed and deserved.
To understand why President Obama would allow such a genocide of American military veterans to occur, this report explains, became evident shortly after he took office and launched a programme named Operation Vigilant Eagle which specifically targeted those war hero’s returning from Iraq and Afghanistan, but whom his regime characterized as extremists and potential domestic terrorist threats because they might be disgruntled, disillusioned or suffering from the psychological effects of war.
Even worse, this report says, since President Obama took office he has also militarized American police forces against these military veterans too, and as explained by Sgt. Dan Downing of the Morgan County, Indiana, Sheriff’s Department who said, “When I first started we really didn’t have the violence that we see today,” adding, “The weaponry is totally different now that it was in the beginning of my career, plus, you have a lot of people who are coming out of the military that have the ability and knowledge to build IEDs and to defeat law enforcement techniques.”

Contrary to that statement however, this report notes, even after over 14 years of continuous warfare by America’s soldiers, there has not been a single reported instance of any of these veterans building or using IEDs, or in any other way attempting to defeat any law enforcement technique whatsoever.
Nevertheless, this report says, President Obama’s “fear/disdain” of these American veterans is so great that fully 99% of the names listed as “mentally defective” in the FBI’s database preventing people from buying firearms in the US came from his regimes Veterans Affairs Department specifically targeting these war hero’s too…. while real mass murderers are allowed to buy weapons without obstacles.
Not just against these American veterans has President Obama attacked either, this report continues, but also against his own military commanders…and as documented by Vietnam War hero General Paul Vallely who compiled an astonishing list of over 200 of these elite war leaders that have been fired for no reason by this regime.
To why the American people themselves are allowing the Obama regime to continue this genocide against American veterans, this report concludes, can be solely attributed to their propaganda press establishment not allowing them to know the truth of what is happening, and their intelligence agenciesdisparaging all others who attempt to tell the truth.
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Posted by Roberto Abraham Scaruffi at 09:33