President Trump and First Lady Melania arrive at the G7 Summit dinner in Biarritz France. The dinner event is being held at Phare de Biarritz, a mid-19th century light house with panoramic views of the French coast.
Against the backdrop of British Prime Minister Boris Johnson arriving for the G7 summit in Biarritz, France, EU President Donald Tusk holds a press conference to announce the EU will work to block Britains’ exit from the collective, and will not accept terms.
The hubris and arrogance within this declaration, in advance of Johnson’s arrival, is exhibit ‘A’ for exactly the reason British citizens want out of this nonsense. Watch:
After President Donald Trump and First Lady Melania arrived at Hotel du Palais in Biarritz, France, the insufferable French President Emmanuel Macron attempts one of his more dubious -albeit predictable now- power schemes (games). Macron is in trouble domestically and needs the world to see him pontificate for domestic political value.
Weasel Macron traveled to Hotel du Palais to ambush President Trump upon arrival with a request for an unscheduled meeting. The French prig requested a garden lunch, with pre-positioned media, so he could pontificate to the world his high-brow positions on gender-justice, the values of a global world order, and the importance of climate change.
Graciously, albeit with visible eye-roll, President Trump took the unscheduled meeting and allowed Macron the photo-op to pontificate his agenda for domestic political consumption. The entire event makes ¹Macron look even smaller. WATCH:
President Donald Trump and First Lady Melania Trump arrive in Biarritz, France for the 2019 G7 Summit. U.S. President Trump will be meeting with Boris Johnson (U.S.), Emmanuel Macron (France), Angela Merkel (Germany), Shinzo Abe (Japan), Justin Trudeau (Canada), and Guiseppe Conte (Italy).
President Donald Trump and First Lady Melania Trump travel overnight Friday from the U.S. to France to attend the G7 summit in Biarritz. The first couple will be touching down at 6:00am EST / 12pm Local. Biarritz, France is 6 hours ahead of U.S. Eastern Timezone.
*Update* New Arrival Pictures added
The U.K, Canada, Italy, Japan, France, Germany and the United States make up the “Group of Seven” or G7 nations. However, two leaders from the EU also attend (EU Council President and EU Commission President) the summit.
6:00am EST / 12:00pm Local – (Saturday) THE PRESIDENT and THE FIRST LADY arrive at Arrive Bordeaux–Mérignac Airport, Bordeaux, France
6:10am EST / 12:10pm Local – THE PRESIDENT and THE FIRST LADY depart Air Force One en route to Air Force One (C-32 smaller plane), Bordeaux, France
6:15am EST / 12:15pm Local – THE PRESIDENT and THE FIRST LADY arrive at Air Force One (C-32), Bordeaux, France
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For all intents and purposes Germany is the EU, because German economic policy dictates the outcomes of all EU economic policy. So as the EU promises to engage in more central bank monetary printing (quantitative easing) simultaneously Germany promises to keep negative interest rates floating as long as possible. [EU Parliament pictured below]
Yes, the EU is in serious structural economic trouble; and that is likely the real reason why quivering Chancellor Angela Merkel has decided to exit the political stage before the larger communal catches on.
Within the remarks by German Finance Minister Scholz it is the lamentation about the lack of investment into their grand collective economic scheme where you find the economic dissonance, and ultimately the hilarious punch lines:
BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Saturday that he expected interest rates to remain very low for “the next few years”, adding that companies should seize the opportunity of near-zero borrowing costs to boost private sector investment.
The European Central Bank has already signaled even more monetary stimulus for the euro zone economy, hoping to arrest a downward spiral that could lead to an economic recession.
Early on Tuesday United States Trade Representative Robert Lighthizer announced the modification of “next step” tariffs on Chinese products. [See Here] “Products in this group include, for example, cell phones, laptop computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.”
President Trump responded to the delay/modification when questioned in New Jersey. President Trump noted a “very productive” phone call between Lighthizer and Vice-Premier Liu He of China:
[Transcript Segment] – […] Q Why did you make the decision on the tariffs, to delay the implementation of the tariffs?
THE PRESIDENT: Only to help, I think, a lot of different groups of people. And we had a very good talk yesterday with China — a very, very productive call. I think they want to do something. I think they’d like to do something dramatic. I was not sure whether or not they wanted to wait until a Democrat has a chance to get in. Hopefully that’s not going to happen because the economy would go to hell in a handbasket very fast.
During a surprise event on Friday President Trump invited the press into the oval office where Guatemalan Interior Minister Enrique Degenhart and acting DHS Secretary Kevin McAleenan were signing a joint asylum agreement. The President then held a press conference filled with lots of news.
[Transcript] – THE PRESIDENT: Well, thank you very much for being here. We appreciate it. I’m thrilled to be with a very important man in Guatemala, the Minister Enrique Degenhart. And we are doing a very important signing. It’s a historic asylum, or safe third, agreement between our two countries. A very important event.
We’ve long been working with Guatemala, and now we can do it the right way. It’s going to be terrific for them and terrific for the United States.
This landmark agreement will put the coyotes and the smugglers out of business. These are bad people. These are very, very bad, sick, deranged people who make a lot of money off other people’s miseries. It’s going to provide safety for legitimate asylum-seekers, and stop asylum fraud and abuses system.
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Lots of differing opinion on the decision by POTUS to cancel a retaliatory strike against Iran. Some praise and some criticize. Here’s President Trump’s reason for cancelling the strike against Iran:
As it relates to the Trump doctrine, CTH would note any current ally of the U.S; and/or any entity engaged with significant economic interests attached to the U.S; including any EU entity who might have previously been skirting the sanctions against Iran (think Turkey); would now be very cautious about appearing on President Trump and Secretary Mnuchin’s proverbial radar.
This is a good development. I strongly appreciate a U.S. President who believes in the intelligence of the U.S. voter to understand what is taking place.
President Trump is not selling the U.S. electorate short on their ability to understand the financial dynamic of ‘globalists -vs- nationalists’. President Trump is calling attention to currency manipulation by China and the EU. [Tweet]
In the big picture, what these global economies are doing is trying to offset President Trump’s ‘America First’ policy. There are trillions at stake, and when you stand back and evaluate the scale of economic cost in this process you begin to recognize the severity of ideology and history of controlled financial manipulation.
By lowering the value of their currency, China and the EU are attempting to block the impact of tariffs against their export position. Lowering the price of Chinese Yuan (Renminbi) or Euro (€) makes their exports cheaper to a stronger U.S. dollar. This is what has been happening for the past six months. There are trillions at stake.
Despite what the Wall Street financial pundits have been saying, we have been importing their manufactured deflation for six months. U.S. consumers are not paying the tariffs on imported goods. The devaluation of currency is why costs of import goods are actually less year-over-year (dollar strong). This is a strategy on their part to counter Trump, tariffs, etc. The globalist economies are trying to wait out Trump 2020. We see the evidence of this in the CPI import prices:
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