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Tag Archives: regional government

“Chrislam” – Europe Folds To The Islamization Of Christmas

Authored by Soeren Kern via The Gatestone Institute, The re-theologizing of Christmas is based on the false premise that the Jesus of the Bible is the Jesus (Isa) of the Koran. This religious fusion, sometimes referred to as "Chrislam," is gaining ground in a West that has become biblically illiterate. A school in Lüneburg postponed a Christmas party after a Muslim student complained that the singing of Christmas carols during school was incompatible with Islam. Alexander Gauland, the...

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Foxconn Interns Worked Illegal 11-Hour Shifts To Meet iPhone X Demand

Apple and Foxconn have a well-documented history of labor abuses ranging from underpaying employees to compulsory over time that have been blamed for a slew of deaths and suicides among Foxconn's workforce. These abuses were widely covered in the media around 2012 but largely disappeared from the headlines after Apple CEO Tim Cook said he would pressure Foxconn into adopting more humane labor conditions. But apparently the unprecedented production problems that plagued the company's rollout...

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Catalan Leader Defies Spain, Sends Evasive Reply To Rajoy Activating Second Ultimatum Deadline

The Catalan stand-off has been extended until Thursday as both sides hold their ground. After days of expectation and talks with his separatist allies, Catalan leader Carles Puigdemont stood by his decision to keep his region’s declaration of independence from Spain “in suspension” despite a demand for clarity from Spain prime minister Rajoy, effectively challenging the central government to follow through on promises to forcibly take control of the region by sending an evasive reply to the...

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With Just Hours Until Spain’s Ultimatum Runs Out, Catalonia Proposes Its Own Central Bank

It's D-Day for Catalan President Carles Puigdemont who has just a few hours left until 10 am on Monday (4am ET) to respond to the Spanish government's ultimatum delivered last week by the prime minister, demanding to know whether Puigdemont did, indeed, declare independence last week. If Puigdemont says yes, fails to respond, or provides another meandering answer, Rajoy will start the process under Article 155 to seize control of the breakaway administration in the coming weeks. While...

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Spanish Government Begins Process To Suspend Catalan Autonomy

In a much anticipated televized briefing, Spanish Prime Minister Mariano Rajoy formally demanded the Catalan leader clarify whether independence has been declared, saying that is needed before he can decide what steps to take. The Spanish leader announced that the central government has moved to take the first step towards suspending home rule in Catalonia on Wednesday morning. "Cabinet has agreed to notify the Catalan government [so that it may] confirm if it has declared independence", he...

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European Stocks On Edge Ahead Of Catalan Independence Call, S&P Futures Rise

S&P futures are again modestly in the green as European shares hold steady ahead of a meeting of the Catalan regional parliament and a possible declaration of independence by Catalan leader Puigdemont, while Asian shares rise a the second day. The dollar declined for the 3rd day, its losses accelerating across the board amid growing concerns that Trump's tax reform is once again dead following the Corker spat and a rejection from Paul Ryan, with the move gaining traction after China set...

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Pat Buchanan Reflects On “A Brief Moment Of Unity In A Disintegrating World”

Authored by Patrick Buchanan via Buchanan.org, “An act of pure evil,” said President Trump of the atrocity in Las Vegas, invoking our ancient faith: “Scripture teaches us the Lord is close to the brokenhearted and saves those who are crushed in spirit.” “Our unity cannot be shattered by evil. Our bonds cannot be broken by violence,” Trump went on in his most presidential moment, “and though we feel such great anger at the senseless murder of our fellow citizens, it is love that defines us...

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Global Stocks Hit Fresh Record High As Dollar Rally Fizzles

It's deja vu all over again. In a repeat of yesterday's session, where US equities and the dollar levitated in a one-way trade, Tuesday's muted session - where in addition to closed China and South Korean markets, Germany's Dax is also shut for holiday - has seen early dollar and European equity strength, while the S&P is set for new record highs amid higher E-minis and a VIX that is again lower after 5 consecutive days of declines. It is also another day for global records: world...

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Spanish Stocks, Bonds, Euro Sink After Catalan Referendum Fiasco; S&P Futures Rise

While S&P futures were modestly higher, rising 0.1% in a quiet session in which China, South Korea, India and Hong Kong were closed for holidays, the Euro, Spanish stocks and bonds were broadly lower as Spain faces its worst constitutional crisis in years following a dramatic, violent crackdown on Sunday's Catalan independence referendum in which 89% of the voters wanted to secede from Spain. Spain’s IBEX benchmark index IBEX fell as much as 1.3% (down -1.0% latest), vs a 0.3% gain for...

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The Results Are In: 89% Of Catalans Vote For Independence

Update (6:30 pm ET): In further proof that Spain's brutal crackdown on today's Catalan independence referendum only helped bolster the seccessionist cause, the regional government announced that voters had overwhelmingly voted in favor of independence, with 89% voting to separate from Spain.  Shortly after midnight on Sunday, Catalan government spokesman Jordi Turull announced that 2,262,424 ballot papers had been counted. There were 2,020,144 "yes" votes, or just under 90% of the total, and...

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