Smoke signals

Setting up business in Libya. I understand from close observers of the Libyan economic rebuilding process that it is not just American oil interests who are keen to show their anti-Gadaffi credentials.

One who is among the highest in our very own Sceptred Isle has been making discreet approaches to monied interests in Libya….with a view to setting up a profitable operation.

However, my sources are keen to point out that the person involved is asking his questions in an entirely private capacity….purely as an ardent admirer of the Big Society of Arab Springs.

Redrawing the political map of Greece. Several Athenian politicians are engaged in feverishly private talks aimed at combating the mortal danger they feel Greece faces in the shape of arch-Leftist demon Alexis Tsipras. Among the topics under discussion are the rebranding of New Democracy and Old Pasok – alongside some kind of arrangement with those who promise a Golden Dawn of The Fourth Greek Reich. Mr Antonis Samaras is said to be in favour of early elections, in which his new Alliance will give the impression that Greece’s old Parties have been consigned to the museum of political history….in favour of his new creation. Influential people adjacent to these arrangements insist that they may well have something to do with the 15 point Poll lead now being enjoyed by Syriza…led by Alexis Tsipras.

Are the French irritated at the thought of insolvency? Parisian scriveners of the Fourth Estate reveal to me that senior central banquiers have told them that France is broke and approaching ‘irritated insolvency’. This may have lost something in translation, as a former Elysees Palace staffer suggested that ‘en faillite’ might be the required phrase – that is, bankrupt. The Slog’s Brussels Mole also confirms that there had to be a compromise on further Greek aid, because without this, high winds from Athens would demolish the French banking system. Emporiki Bank and the unpleasant George Provoloupolos at the Bank of Greece are also implicated here. I sense I must post now (9.15 BST 16.10.12) as there are signs that this new bombshell is about to break cover.

19 thoughts on “Smoke signals

  1. There’s a distinct feeling of rabbit in the headlights about Francois. Elected only because he wasn’t Sarko with some odd domestic habits and an apparent inablility to actually do anything it seems unlikely that he’ll manage to stay the course.

    • Also:
      Financial Times: Rebekah Brooks, the former chief executive of News International, Rupert Murdoch’s UK newspapers business, received a pay-off totalling more than £7 million following her resignation from the newspaper publisher last year.
      Who’d’a’ thunk that?

    • Whats the odds that Brooks et al will get a slap on the wrist (made to look onerous) and be back in business within months of the trial ending?

      We all know that there is enough sh1t to sink Camoron and Chunt and they will make sure that Brooks and Coulson keep their traps shut.

  2. The whole continent is broke. You cannot disentangle the gordian knot of financial interdependencies.

    The ambition of “saving” the system with even greater amounts of “string” is of course doomed to fail as well.

    The only difference between the nations of northern and southern europe is not that anyone is “less” broke, it is that the nations of northern Europe have a chance to climb out of their hole… if set free from their southern dependents.

    • Its the way you tell them! (or hear them)
      ‘Cameron reminded his listeners of the negotiations with other European Union member states over the fiscal pact last December. “There were 25 people in the room, urging me to sign,” he said proudly. “And still I said no.” The reaction was predictable, with the delegates applauding enthusiastically.’
      From your link article one could be excused for assuming the other member state representatives present at Cameroons non signing were cheering him on!

  3. NEW YORK (Reuters) – The European Union could be destroyed by the “nightmare” euro crisis, and Germany needs to take the responsibility to save the common currency, billionaire fund manager George Soros said on Monday

    Soros, who made his mark as an investor on a big bet against the British pound in 1992, said the other alternative is for Germany — the euro zone’s biggest economy — to simply leave the 17-member currency bloc.

    The crisis “is pushing the EU into a lasting depression, and it is entirely self-created,” said Soros, chairman of Soros Fund Management.

  4. Pingback: BREAKING: France on the edge as Credit Agricole sells Emporiki – | A diary of deception and distortion

  5. Pingback: John Ward – Breaking – France On The Edge As Credit Agricole Sells Emporiki – … For One Euro – 17 October 2012 | Lucas 2012 Infos

  6. Pingback: GREECE EXCLUSIVE: Samaras spearheads new Centre Party as Tsipras courts the Americans | A diary of deception and distortion

  7. Pingback: John Ward – Greece Exclusive: Samaras Spearheads New Centre Party As Tsipras Courts The Americans – Syriza And Golden Dawn Still Growing, PASOK Down To 4% – 1 November 2012 | Lucas 2012 Infos

  8. Pingback: Cameron the headless chicken is running on empty. | A diary of deception and distortion

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s