Category Archives: International News
Brexit: The Transition Period Explained [VIDEO]
![Brexit: The Transition Period Explained [VIDEO]](https://austincountynewsonline.com/wp-content/plugins/lazy-load/images/1x1.trans.gif)
The BREXIT (a portmanteau of “British exit from the European Union”) Vote happened on June 23, 2016 where 52 percent of those who voted in the referendum supported withdrawal of Great Britain from the European Union. Yet, here we are, two years later and we’re still hearing about it. So, what’s going on? Is Britain part of the EU or are they completely autonomous again? Why is this transition period happening or even needed after the UK leaves the European Union in March 2019? Reality Check’s Chris Morris tackles the terminology.
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3,000 Hondurans Make New Run For US Border; Trump Threatens To Cut Aid If Not Stopped [VIDEO]
An estimated 2,500 – 3,000 Honduran migrants crossed into Guatemala on Monday for a second northbound trek to the US border in six months, following a tense standoff with police in riot gear. The caravan’s attempt to seek asylum in the United States will spotlight President Trump’s hardline immigration stance right ahead of midterms.
Read moreChinese Manufacturing Growth Grinds To A Halt As Exports Tumble
Two gauges of activity in China’s manufacturing sector worsened in September, reflecting the nation’s economic slowdown and fallout from the trade war with the US.
Read moreDigital Dictatorship: China Exerts Control Over Population Through “Social Credit” System
China is developing a digital dictatorship to exert control over its 1.4 billion citizens. For some, “social credit” will bring great opportunities — for others, punishment. The Communist Party’s plan is to monitor its citizens 24/7 and rank them on their behavior, as the dystopian social ranking system will be fully operational by 2020.
Read moreChina Joins Russia In Massive War Games In Sign Of Growing Military Ties
Two powers, China and Russia, are cooperating in military games, said to be the largest such exercise since 1981 under the Soviet Union.
Read moreChina Vows To Retaliate If US Imposes Additional Tariffs
“China will take necessary countermeasures to protect its own economic interests if the US imposes new tariffs on Chinese goods”, the Chinese Ministry of Commerce said on Thursday.
Read moreGermany Calls For Global Payment System Independent Of The US
In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal between Iran and the west.
Read moreVenezuela Slashes 5 Zeros From Currency In “One Of Greatest Devaluations Ever”
On Monday Venezuela officially slashed five zeros from prices and its currency as part of what has been dubbed one of the greatest currency devaluations in history which slashed the value of the official bolivar by 95%. Government officials tried to partly mask the shock by raising the minimum wage 3,500% so instead of the new minimum wage being 1.8 million strong bolivars, it will be 1,800 sovereign bolivars: the equivalent of $30 a month. Banks were closed and busy trying to adopt ATM’s and online platforms to the new currency rules but will likely fail.
Read moreRussia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War
China and Russia recently announced a new age of diplomacy between the two countries when Moscow offered 1 million hectares (2.5 million acres) of arable land to Chinese farmers to meet its large-scale demand for soybeans — and of course, prevent a massive soybean shortage that would lead to political/social upheavals across the country. China finds itself reeling under trade disputes with the US, as the next round of tariffs on $16 billion worth of Chinese goods is expected to start on August 23.
Read moreBrexit – Will The EU Collapse Anyway?
“…Rising discontent is gathering at an unstoppable pace, much to the alarm of the ruling elite… Brexit is going to be a sideshow to the problems of Europe that are becoming more and more evident.”
Read moreRecord Murders Plague Mexico In First Half Of 2018: “The Figures Are Horrible”
Mexico’s next president Andrés Manuel López Obrador has a significant uphill battle once he is inaugurated as President on December 01: deadly violence in the country is intensifying and has hit an all-time high.
Read moreVenezuela Surpasses Weimar As Hyperinflation Expected To Hit 1,000,000% By Year End
As of right now, Venezuela’s hyperinflation has officially surpassed the Weimar Republic’s, where the highest recorded monthly inflation was a timid 29,500% (resulting in prices doubling ever 3.7 days).
Read moreRussia Releases Video Of Six New Super Weapons After Trump Summit [VIDEO]
“Russia has prioritized the development of advanced cruise missiles capable of holding targets within North America at risk from distances not previously seen.” – NORAD commander
Read moreWorld’s Largest Shipping Company Collapses As Trade War Reality Strikes
Trade protectionism means less demand, and history suggests the shipping industry will struggle to make the necessary supply cuts. Maersk, which is based in Copenhagen, has already lost almost a third of its market value this year as investors gird for more bad news.
Read moreVenezuela Hyperinflation Hits 46,305%: Food Prices Soar 183% In One Month
In June, Venezuela’s annual inflation hit 46,305% as the crisis-stricken nation’s hyperinflation continues to accelerate amid a broader economic collapse. Putting this inflation in monetary equivalents, one million bolivars is currently the equivalent of a mere 29 cents.
Read moreLarge-Scale Riots Continue In France For 4th Night [VIDEO]
For four nights straight, there have been riots between African migrants and the French police in the city of Nantes. The riots began after the police stopped and shot an alleged criminal, named Abubakar – initially claiming it was self-defense, then later admitting it was an accident.
Read moreBulletproof Car Production Hits Record High In Mexico As Violence Soars [VIDEO]
BMW, Jeep, and Mercedes-Benz have also recognized the need to offer armored cars in Mexico and other Latin American countries. In particular, the BMW X5 has a range of three different levels of protection…
Read more“Saudi Arabia Has Entered The 21st Century” – Women Take Victory Lap As Driving Ban Ends [VIDEO]
Women in Saudi Arabia flocked to the roads Sunday immediately after midnight to celebrate the end of the country’s ban on female drivers.
Read moreCanada Becomes Second Country To Legalize Marijuana
Canada is on track to become the first G-7 nation to legalize marijuana, and the second country in the world (after Uruguay), after its Senate approved legislation in a 52-29 vote, paving the way for recreational cannabis to be legally bought and sold within the next few months.
Read more“We Cannot Defy The US”: European Refiners Fold To Trump, Will Stop Buying Iran Crude
Reuters reports European refiners are now unofficially winding down oil purchases from Iran, closing the door on a fifth of the OPEC member’s crude exports.
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