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European Politico-economics QA Mega-thread - Page 1092

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Although this thread does not function under the same strict guidelines as the USPMT, it is still a general practice on TL to provide a source with an explanation on why it is relevant and what purpose it adds to the discussion. Failure to do so will result in a mod action.
IgnE
Profile Joined November 2010
United States7681 Posts
May 10 2018 06:05 GMT
#21821
On May 09 2018 05:40 Archeon wrote:
Show nested quote +
On May 09 2018 03:04 IgnE wrote:
On May 09 2018 02:30 Archeon wrote:
On May 08 2018 05:22 TheDwf wrote:
On May 08 2018 04:46 Archeon wrote:
On May 07 2018 01:24 Big J wrote:
On May 06 2018 23:02 Archeon wrote:
On May 06 2018 19:29 Nebuchad wrote:
On May 06 2018 17:14 CuddlyCuteKitten wrote:
How do you feel about the facts (www.gapminder.org, also watch Hans Roslings TED talk) that capitalism overall has been an incredible boon for developing countries?

Poverty is down, child mortality is down, living standards are up, education levels are increasing, war is at an all time low, much less people die in conflicts than ever before etc etc.


That entire post is quite driven for someone who isn't really on either side of politics

As for "the facts", I don't want to speak for GH but I'm going to go out on a limb and say that he disagrees, as do I, with this notion that capitalism is so great for the world overall.

The poverty is down line is generally coming from an analysis of the numbers coming from the World Bank, which there are reasons to be skeptical of (mainly the way the International Poverty Line has changed over time). On top of that, if I remember my Marx correctly the idea isn't that capitalism is going to make workers' conditions worse - that's more neoliberalism than capitalism and Marx wasn't confronted with that, instead it's that it's going to improve the condition of workers a little bit, while it improves the condition of the ruling class massively at the same time, and thus creates a larger inequality between the two that is seen as harmful. I think you see that demonstrated in the world today.

War is at an all-time low because of the way we do international diplomacy, not because of our economic system. May even argue the opposite btw; since a bunch of capitalists profit off of wars and those capitalists have a ton of money and influence and incentive to give us more wars, we probably have much less conflicts in spite of capitalism rather than thanks to it.

The bold part is just a result of stability. As long as a system persists long enough the people that are powerful within the system will use that power to grow. It's not like communist systems or class systems were ever any different, the only thing that changes the economic structure within a system is technology, which potentially creates new markets and hence new winners.
We see that currently with information and communication technology, half of the top 10 richest people of the world own IT or communication companies. Which is why the "inherited vast amounts of wealth" story is only half true to begin with, especially in modern times.


Well it is 50% of wealth that is transferred by inheritance these days, so 5/10 sounds like rather an argument FOR that theory, not against. But really, it is not that easy. Where do IT firms get their money from? From investors. Where did they get it from? From a free trade to satisfy each others needs? In parts. In large parts from inheritance mechanisms. In large parts that money they get from "free" trades they only get because they have a valueable resource - money - to trade with to begin with.

The only function of money is that of a databank. To store information on prices and market weights. It's the oldest IT technology we have. It is not surprising that now, that we have the means for centralized planning through automation and big data, these technologies are getting to the top. Knowledge is power, and we hand a lot of it exclusively to very few people. Thing is, most people do simply not understand the true meaning of a "possibility". A possibility is only a possibility if you actually know about it, in detail. (reason why the homo oeconomicus is a correct assumption - but the realm of possibilities for the individual is quite small at every point in time, as every one of us is quite limited in their capabilities)
Example: People that cry about not getting into Bitcoin when it was getting big, "because they didn't knew"... They actually didn't have the possibility to even get into it, because they didn't know about Bitcoin. The reason some people got into Bitcoin is, that they invested a ton of time reading up on it, or stumbling upon it because it fell into their field of interest.

50% shows that our market isn't totally controlled by a new aristocracy, but partly by people who started with very limited budget, good marketing abilities and good instincts.
I'm not denying that rich families exist and that some of the richest people just inherited their wealth or that being rich makes acquiring greater wealth a lot easier, but the fact that they have to compete with others who can achieve similar levels of wealth means that they can actually fall from their throne if they are incompetent. Of course they have an easier road ahead of them, but it's not like that's any different in any other system.

And I'm not sure how your bitcoin example and possibility specification prove that wealth in capitalism is static in any way, they show that wealth is often a mixture of luck as well as instinct/willingness to risk. I never claimed that capitalism is a fair system of equal chances, I claimed that it's a fairer system than any other we know of because you can become the richest man in the world by starting out in a garage.

Ah, capitalism and its "self-made man" myths. Anyway, whether the wealth is inherited or not, past some threshold—say, more than a few millions—it can only be built through exploiting the work of thousands of others, and that's what makes it illegitimate. As for "risk taking," when you consider all the situations in which capitalists merely privatize public goods or the results of public research, or passively take advantage of a monopolistic rent, or directly milk the State by selling it stuff (e.g. weapons)... Not to mention "too big to fail" banks and the hundreds of billions of public money to cover their failures and mistakes.

Ah people who only criticize without actually ever talking about solutions for underlying problems, let alone produce alternatives.
I've known enough people I'd consider self-made-men who produced small to medium companies with very little budget and at times no education to know it's not entirely a myth, at least not in Germany during the "Wirtschaftswunder" (economic miracle).
@exploitation: And that is different in what way in any other system? You can't produce large quantities without having other people involved in the production complex and naturally there are going to be hierarchies with benefits for those that are at the top. It's not like any communist country has actually ever passed that stage. Also exploitation is a very strong word for fairly broad conditions, I definitely don't feel exploited in the company I'm working in, despite being fairly bottom of the pack. That doesn't mean that exploitation doesn't happen especially if you consider the entire global trade situation with Africa, but again that's not any different for any other system.
And yes, intertwining politics and economics is a problem, but again it's not like other systems don't have that (in fact it's part of the plan in communism). I'm not a fan of conglomerates and wish the institutions in place would have enough effect to keep them down, but I understand the difficulties in keeping them down when they start becoming very influential within areas once they grow big enough. "Don't block the deal or I'm gonna move and this area will have 30% of the populace unemployed" isn't exactly something politicians can say no to.

On May 08 2018 06:04 GreenHorizons wrote:
The "this works better than any other system" almost always neglects to mention that the capitalists will illegally assassinate democratically elected/ and otherwise selected leaders, kill countless civilians, and apply inhumane economic sanctions in order to keep it that way.

Which is the usual superpower bullies lesser nations case and has nothing to do with capitalism per say. As if the UdSSR or powerful caste systems were ever any different.


"exploitation" isn't merely a feeling, and so commenting on whether you feel exploited, under some affective meaning of |exploited| is a bit beside the point. or rather, you set up this conflation so that you can aver that exploitation is omnipresent and universal: "but that's not different from any other system," and that perhaps because you don't feel |exploited| the western status quo has the best exploitation around, since only a few, marginal people actually feel |exploited|. but the point is that not every system has to be set up to exploit its workers. thats precisely the point.

Whether or not exploitation is omnipresent and universal depends on where you draw the line of exploitation, which is pretty much dependent on how you feel about it. Every relation between human beings is partly onesided.
We can argue about systems that aren't based on work at all if you define work as exploitation, but societies like that are sci-fi atm and will be until we reach the state where machines will be able to run absolutely 100% of the economy, because else someone will have to work.

Else in our work based society that the person who works the most earns the most is fair and so there will be companies which don't exploit it's workers, which means that it's not universal.


No it's not about "where you draw the line of exploitation." It can be measured in surplus labor time. It's a quantifiable structural relation.

You still haven't described how your system would work btw, only that such a system will come.


Oh thanks for reminding me. I nearly forgot.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
Godwrath
Profile Joined August 2012
Spain10121 Posts
May 12 2018 01:30 GMT
#21822
On May 10 2018 04:58 xM(Z wrote:
https://www.irishtimes.com/news/world/europe/women-s-protest-at-spanish-broadcaster-reflects-feminist-tide-1.3486291
Show nested quote +
Throughout the news bulletin on TVE La 1, the Spanish public-service television channel, last Friday almost all the journalists who appeared on screen wore black. It looked like a tribute to a deceased colleague but was in fact part of a protest against what many staff say is the death of the broadcaster’s credibility because of governing-party meddling in its news coverage.
it looks like there are more women in the media so it spread more through 'women' channels.
Show nested quote +
One of Mariano Rajoy’s first reforms after becoming prime minister, in 2011, was to make it easier for the government in power to appoint its own choice as the broadcaster’s chairman. The current chairman, José Antonio Sánchez, has frequently been criticised for an alleged pro-government stance, which many say can be seen in the broadcaster’s new coverage.
seems mainly political.

Not only Rajoy, Zapatero (social democrat, past president) was the one that broke its advertisiment funding, making the national TV and radio to rely as hard as possible from state funding instead, with predictable results. Both parties had abused it plenty when they have been in power, and they will continue to do so.
a_flayer
Profile Blog Joined April 2010
Netherlands2826 Posts
Last Edited: 2018-05-12 14:13:53
May 12 2018 06:44 GMT
#21823
I love this. It's terrible that the US is scrapping the Iran deal, but the fallout amongst European countries seems to be going in the right direction -- although there is still a lot of understandable resistance based on Merkels reasoning.
French Finance Minister Bruno Le Maire said on Europe-1 radio that Europe should not accept that the U.S. is the "world's economic policeman."

"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their trousers?" Le Maire asked. "Or do we want to say we have our economic interests, we consider we will continue to do trade with Iran?"

Foreign Minister Jean-Yves Le Drian, meanwhile, condemned the U.S. move to re-impose sanctions on foreign companies trading with Iran as unacceptable. In a newspaper interview Le Drain said Europeans would "do everything to protect the interests of their companies" and planned to lead "tight negotiations" with Washington.

Merkel took a more measured tone.

"This is a serious event, we have to say that, but it is not a reason to call into question the entire trans-Atlantic partnership," she said during an appearance Friday in the western German city of Muenster.

She acknowledged that it is uncertain "to what extent we can keep this (nuclear) agreement alive if a giant economic power doesn't join in."

The top diplomats of Iran, France, Britain and Germany are expected to meet early next week to discuss their next steps.

Le Maire proposed creating a European body that would have the same kind of powers that the U.S. Justice Department has to punish foreign companies for their trade practices.
Source

All said and done, I'm certainly optimistic about the developing US-EU relationships. Maybe we'll kick the Americans out of Europe in my lifetime, after all. France just needs to get Macrons tongue out of Trumps asshole somehow. It must be lodged in there pretty deep, considering they're two sides of the same coin:
“I make absolutely no apology for the verticality of power,” [Macron] told literary journal La Nouvelle Revue Française.

“I am proud of the choices that are being made, and I hate the process which means you have to constantly explain the reasoning behind a decision.”
Source


+ Show Spoiler +
These are our "allies":
One unnamed official said Pentagon analysts estimated that currently held conventional bombs would not be effective against Iran's enrichment plant in Fordo, adding that a tactical nuclear would be the only option if Washington sought to destroy the facility.
Source

[The US government] plans to loosen constraints on the use of nuclear weapons and develop a new low-yield nuclear warhead for US Trident missiles, according to a former official who has seen the most recent draft of a policy review.
Source

[The US government] announced Tuesday [the US] is quitting the Iran nuclear deal.
Source

Quite frankly, at this point I'm hoping Iran can pull off a North Korea and complete a nuclear weapon before the US has a chance to invade/bomb them (again).
When you came along so righteous with a new national hate, so convincing is the ardor of war and of men, it's harder to breathe than to believe you're a friend. The wars at home, the wars abroad, all soaked in blood and lies and fraud.
xM(Z
Profile Joined November 2006
Romania5281 Posts
Last Edited: 2018-05-12 18:21:50
May 12 2018 18:21 GMT
#21824
somewhat tinfoily but: https://uk.reuters.com/article/uk-vivendi-telecomitalia/vivendi-tells-italian-market-regulator-it-does-not-control-telecom-italia-source-idUKKBN1IC1XV
MILAN (Reuters) - French media group Vivendi (VIV.PA) has notified Italian market regulator Consob that it does not control Telecom Italia (TIM) after it lost the majority of the phone group’s board seats following a May 4 shareholder vote, a source close to the matter said on Friday.

Consob and Vivendi could not immediately be reached for comment.

U.S. hedge fund Elliott pulled off a boardroom coup at TIM (TLIT.MI) last week, wresting control away from top investor Vivendi, following a two-month campaign to shake-up the way the French company has been running TIM.

Since becoming a shareholder in 2015, Vivendi had gradually tightened its grip on TIM, appointed the majority of its board last year and its own CEO as TIM’s executive chairman.
Italy’s government eventually used the so-called “golden power” last year to ensure it had a say in some strategic decisions at TIM, a move widely seen as a bid to rein in Vivendi’s influence over the former state phone monopoly.

Vivendi has always denied controlling TIM.

On Friday, the regulator said Vivendi’s stake in towers group INWIT INWIT.MI, majority controlled by TIM, was reduced to zero from 60 percent after the May 4 shareholder meeting.
that with:
Singer is active in Republican Party politics and collectively, Singer and others affiliated with Elliott Management are "the top source of contributions" to the National Republican Senatorial Committee.[14]
means shit in on: US-EU economic warfare.

also, https://www.reuters.com/article/us-hedgefund-elliott/u-s-hedge-fund-elliott-amps-up-campaigns-in-europe-idUSKBN1I41U8
Sources told Reuters government thinking in Europe is gradually changing.

Shortly after Elliott’s investment in TIM became known, state lender CDP bought a 4.8 percent stake, a move seen as political endorsement of the activist investor.
the more the populist/nationalist parties win EU governments, the more 'open' the EU becomes.
And my fury stands ready. I bring all your plans to nought. My bleak heart beats steady. 'Tis you whom I have sought.
a_flayer
Profile Blog Joined April 2010
Netherlands2826 Posts
Last Edited: 2018-05-12 19:22:27
May 12 2018 19:22 GMT
#21825
On May 13 2018 03:21 xM(Z wrote:
somewhat tinfoily but: https://uk.reuters.com/article/uk-vivendi-telecomitalia/vivendi-tells-italian-market-regulator-it-does-not-control-telecom-italia-source-idUKKBN1IC1XV
Show nested quote +
MILAN (Reuters) - French media group Vivendi (VIV.PA) has notified Italian market regulator Consob that it does not control Telecom Italia (TIM) after it lost the majority of the phone group’s board seats following a May 4 shareholder vote, a source close to the matter said on Friday.

Consob and Vivendi could not immediately be reached for comment.

U.S. hedge fund Elliott pulled off a boardroom coup at TIM (TLIT.MI) last week, wresting control away from top investor Vivendi, following a two-month campaign to shake-up the way the French company has been running TIM.

Since becoming a shareholder in 2015, Vivendi had gradually tightened its grip on TIM, appointed the majority of its board last year and its own CEO as TIM’s executive chairman.
Italy’s government eventually used the so-called “golden power” last year to ensure it had a say in some strategic decisions at TIM, a move widely seen as a bid to rein in Vivendi’s influence over the former state phone monopoly.

Vivendi has always denied controlling TIM.

On Friday, the regulator said Vivendi’s stake in towers group INWIT INWIT.MI, majority controlled by TIM, was reduced to zero from 60 percent after the May 4 shareholder meeting.
that with:
Show nested quote +
Singer is active in Republican Party politics and collectively, Singer and others affiliated with Elliott Management are "the top source of contributions" to the National Republican Senatorial Committee.[14]
means shit in on: US-EU economic warfare.

also, https://www.reuters.com/article/us-hedgefund-elliott/u-s-hedge-fund-elliott-amps-up-campaigns-in-europe-idUSKBN1I41U8
Show nested quote +
Sources told Reuters government thinking in Europe is gradually changing.

Shortly after Elliott’s investment in TIM became known, state lender CDP bought a 4.8 percent stake, a move seen as political endorsement of the activist investor.
the more the populist/nationalist parties win EU governments, the more 'open' the EU becomes.

Hmm. The Dutch populist is primarily funded by Americans and is very friendly towards the US. It has been suggested he's even friendlier towards them than the neoliberal establishment.
When you came along so righteous with a new national hate, so convincing is the ardor of war and of men, it's harder to breathe than to believe you're a friend. The wars at home, the wars abroad, all soaked in blood and lies and fraud.
Toadesstern
Profile Blog Joined October 2008
Germany16350 Posts
Last Edited: 2018-05-13 17:53:50
May 13 2018 17:51 GMT
#21826
Only have this in german right now but a short summary below:
Berlin/Dubai (Reuters) - Die Bundesregierung sieht nach der Kündigung des Atomabkommens durch die USA kaum Chancen, europäische Firmen beim Handel mit dem Iran vor US-Sanktionen zu schützen.

Eine einfache Lösung sehe er nicht, sagte Bundesaußenminister Heiko Maas der “Bild am Sonntag”. Wirtschaftsminister Peter Altmaier erklärte, es gehe um eine einseitige Entscheidung der USA, welche die Bundesregierung für falsch halte.

Aus den USA kamen keine eindeutigen Signale. US-Außenminister Mike Pompeo sagte dem Sender Fox News, die USA hätten nicht auf Europa gezielt, als sie aus dem Atomabkommen ausgestiegen seien. Er hoffe, dass man sich in den kommenden Wochen auf eine umfassende Vereinbarung verständigen könne, welche die Welt nicht nur vor dem Atomprogramm des Iran, sondern auch vor dessen Raketen schütze. Der Nationale Sicherheitsberater John Bolton dagegen bezeichnete Sanktionen gegen europäische Firmen in einem CNN-Interview als möglich.

[...]

de.reuters.com
basicly german government officials (foreign minister and economy minister) saying that they don't think there's a way to protect EU companies from US sanctions and that they have to try and talk with Trump to make him change his mind. The last part is on John Bolton reiterating that the US can hit EU companies with sanctions.

Not really a fan of my german government in the last couple months tbh. They go on again to state that there's nothing they can do so the only thing that they can try is talk with Trump and make him change his mind on things... when clearly we're seeing again and again that's not possible.
Bolton also said (in a part that I cut a bit further down) that this move wasn't targeted at the EU and that the EU will eventually come around to realize that it's best for them (or us, from my point of view) to join the US in this matter...

It's still to be seen if France sticks to it's words but I have to say I like them at least straight up saying that too much is too much at some point. This isn't the first time "something like this totally wasn't targeted at the EU but ended up accidentally totally targeting the EU" and it won't be the last if all we do is try to wait Trump out and try to talk with him.
It's clearly not working as already seen with Paris Agreement, Steel tarifs, Jerusalem embassy etc and something has to be done.
German government really needs to get a grip and stop chasing that dream of changing Trumps mind by talking with him.
<Elem> >toad in charge of judging lewdness <Elem> how bad can it be <Elem> also wew, that is actually p lewd.
TheDwf
Profile Joined November 2011
France19747 Posts
May 14 2018 17:29 GMT
#21827
[image loading]

I don't know who put together those two pictures, but he's a genius: we have a perfect representation of "Western" supremacism here. After Trump pulling out of the Iran deal, today's events are another test for the "European conscience": will this new colonial slaughter trigger real condemnations and reactions, or will there be nothing but irresponsible complacency towards the crimes of an "ally" rogue State as usual?
Velr
Profile Blog Joined July 2008
Switzerland10686 Posts
May 14 2018 17:47 GMT
#21828
This is all really retarted..

Uphold agreement and any form of decency VS probably get into major issues with the US.

There is a right answer but no good one.
TheDwf
Profile Joined November 2011
France19747 Posts
May 14 2018 17:49 GMT
#21829
On May 15 2018 02:47 Velr wrote:
This is all really retarted..

Uphold agreement and any form of decency VS probably get into major issues with the US.

There is a right answer but no good one.

Didn't understand your post, could you clarify?
Velr
Profile Blog Joined July 2008
Switzerland10686 Posts
May 14 2018 17:53 GMT
#21830
Follow the US because its easy and we just lose some trafe with Iran (convenient and easy).
Honor contract and have (possibly) a little tradewar with the US (right but difficult).

I hope europe finally sais "enough" but i somehow doubt it.
Big J
Profile Joined March 2011
Austria16289 Posts
May 14 2018 18:13 GMT
#21831
We have almost only conservative governements (and there is hardly any alternative that isn't mainly a conservative party), which are by far the cheapest whores on the political market. Juncker, Merkel, May and Orban are probably at the gym at the moment, training their legs because they need to be able to spread them reeeeaaally far these days for a fatso like Trump.
Velr
Profile Blog Joined July 2008
Switzerland10686 Posts
May 14 2018 18:18 GMT
#21832
Well, they didn't take ofc their pants so far. There is hope.
TheDwf
Profile Joined November 2011
France19747 Posts
May 14 2018 21:11 GMT
#21833
At least Macron "condemned the violences of Israeli military forces against demonstrators".
Silvanel
Profile Blog Joined March 2003
Poland4725 Posts
Last Edited: 2018-05-15 09:56:02
May 15 2018 09:54 GMT
#21834
Yeah i think France's response was the strongest (its still just words but yeah) from all European countries.

BTW: Death toll is 58 right now.
Pathetic Greta hater.
xM(Z
Profile Joined November 2006
Romania5281 Posts
May 16 2018 14:52 GMT
#21835
Merkel visits Putin, then later in may, Macron: http://www.digitaljournal.com/news/world/merkel-putin-revive-dialogue-after-trump-scraps-iran-deal/article/522333
Russian President Vladimir Putin hosts German Chancellor Angela Merkel on Friday to discuss the explosive global issues of Iran, Syria and Ukraine amid a deepening US-European crisis of confidence.

This year's first face-to-face talks between the veteran leaders, who speak each others' languages, comes as European powers are scrambling to preserve the Iran deal which US President Donald Trump abandoned last week.

For Merkel, the main objective in the Russian Black Sea resort of Sochi will be to seek pragmatic dialogue with Putin, despite their yawning political differences, in the quest to preserve the landmark 2015 agreement.
...
Iranian Foreign Minister Mohammad Javad Zarif, on a whirlwind global diplomatic tour, Tuesday welcomed as "a good start" talks with his French, British and German counterparts in Brussels but insisted on continued economic benefits for Iran.

Putin -- a key player as an ally of Iran, with which it militarily backs President Bashar al-Assad in Syria's bloody conflict -- is also due to meet French President Emmanuel Macron in late May.

After years of a deepening East-West rift sometimes labelled a new Cold War, Merkel recently repeated her warning that Europe can no longer rely on its traditional bedrock NATO ally the United States to "protect" it.

German public broadcaster Deutsche Welle commented that "a rapprochement between Germany and Russia could be an unexpected consequence of Trump's decision to abandon the nuclear deal with Iran".
...
Moscow has said Putin will urge a four-way meeting with Merkel, Macron and Ukrainian President Petro Poroshenko to revive talks on a possible UN peacekeeping mission along the eastern Ukraine battlefront.

"We'll see what arrangements will be found, it's hard to predict," said Russian deputy foreign minister Grigory Karasin, tempering expectations.

Despite all the problems, Germany and Russia see eye to eye on one issue that troubles other EU nations and has sparked angry protests from Trump -- the construction of a new Baltic Sea pipeline to export Russian gas to the biggest EU economy.

Russian Foreign Minister Sergei Lavrov has welcomed the "continued support of Germany for the construction of Nord Stream 2", which is due to come into service in 2019.
who gives me odds on this?. will there be a rapprochement?.(i'll say nope)

the thing with Iran, the problem, is getting insurance for those ~600.000 oil barrels/day EU now imports. https://www.bloomberg.com/news/articles/2018-05-15/iran-oil-exports-face-insurance-snag-no-matter-what-europe-wants
If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf country’s crude.

From early November, U.S. sanctions will likely prevent members of the International Group of P&I from covering the global tanker fleet against risks including spills if they’re moving oil to or from Iran, Mike Salthouse, the chair of a sanctions committee for the IG Group, said on Monday

International Group-backed cover is considered standard in the vast majority of charter contracts for oil shipments because it means everybody in the supply chain knows that many billions of dollars backstop the insurers and reinsurers who’d pay out in the event of a claim. As things stand, it’s likely such coverage will be curtailed “or stopped altogether” for Iranian cargoes in November, Salthouse said.

Foreign ministers from the U.K., France and Germany are due to sit down with their Iranian counterpart, Javad Zarif, in Brussels on Tuesday to discuss how to move forward. European Union leaders will then take up Iran at an informal dinner in Sofia the following day.

If Salthouse’s analysis is how it plays out, then expect to see governments -- both Iran’s and its client states -- seeking creative solutions. Last time around, those in Asia set up sovereign insurance entities while Iran provided more cover too.
will Putin be the insurer or the provider of oil(EU ditching Iran altogether)?.
questions, questions, questions.
And my fury stands ready. I bring all your plans to nought. My bleak heart beats steady. 'Tis you whom I have sought.
a_flayer
Profile Blog Joined April 2010
Netherlands2826 Posts
Last Edited: 2018-05-16 15:13:00
May 16 2018 15:12 GMT
#21836
I saw reports by Iranian and Russian state media quoting an EU official who was talking about trading for oil in the Euro. If that's how it's going to go down, it seems like we might have to prepare for an American invasion, lol (I know they'd sooner bomb/invade Iran, nevermind that)
When you came along so righteous with a new national hate, so convincing is the ardor of war and of men, it's harder to breathe than to believe you're a friend. The wars at home, the wars abroad, all soaked in blood and lies and fraud.
Plansix
Profile Blog Joined April 2011
United States60190 Posts
May 16 2018 16:30 GMT
#21837
We don't invade countries with real armies that could put up a fight any more, so Iran is safe.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
a_flayer
Profile Blog Joined April 2010
Netherlands2826 Posts
Last Edited: 2018-05-17 05:49:43
May 16 2018 17:01 GMT
#21838
It's good to know that the Iranian people will be safe from the bloodthirsty warmongering savages at their gates.

Give us five years. Maybe this time we won't waste the forces on invading Russia.
When you came along so righteous with a new national hate, so convincing is the ardor of war and of men, it's harder to breathe than to believe you're a friend. The wars at home, the wars abroad, all soaked in blood and lies and fraud.
Plansix
Profile Blog Joined April 2011
United States60190 Posts
May 16 2018 17:51 GMT
#21839
It would be nice if the EU could salvage the Iran deal and showed enough spine to call out the US's bluff. Mostly because I would like to see the Trump administration try to sanction German and UK companies. Killing the Iran deal was fine for our congress as long as it cost nothing and didn't upset the status quo. The instant it does, congress will fold like a like a house of cards.

And on the plus side, it would hopefully delay Iran's efforts to getting nukes.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
mahrgell
Profile Blog Joined December 2009
Germany3943 Posts
May 16 2018 18:17 GMT
#21840
On May 17 2018 02:51 Plansix wrote:
It would be nice if the EU could salvage the Iran deal and showed enough spine to call out the US's bluff. Mostly because I would like to see the Trump administration try to sanction German and UK companies. Killing the Iran deal was fine for our congress as long as it cost nothing and didn't upset the status quo. The instant it does, congress will fold like a like a house of cards.

And on the plus side, it would hopefully delay Iran's efforts to getting nukes.


Delay?

If anything, it is telling them, that they should get nukes as fast as possible, because the "the leaders of the free world" can't be trusted at all for their word. Get nukes and you don't have to play US election roulette anymore.
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