Europe is facing a toxic family of gas and economic crises writes Telepolis. And local politicians don’t know what to do about it. All their proposals testify to cowardice and desperation.
A British bank slammed its own customers over a disagreement with its pronoun policy, causing many to withdraw funds or close their accounts.
Despite Western sanctions, Russia’s current account surplus in the second quarter of this year amounted to a record $70.1 billion, according to Bloomberg. This quarterly figure was the highest since at least 1994, the article says.
Germany is bursting at the seams, writes Deutsche Wirtschafts Nachrichten. Inflation, the energy crisis, disruptions in supply chains, the Germans have been hit hard – not for the first time in the last century. And all because of the authorities in Berlin. Their failed sanctions and energy policy has put the country on the brink of collapse, and with it, the whole of Europe, says the author of the article Mark Friedrich.
Hungary’s outspoken Prime Minister Victor Orbán is finally being recognised as the sole champion of peace and prosperity in a European Union now on Suicide Watch. The national leader puts his case perfectly.
MICHAEL WALSH REPORTS: Imagine because you spend a lot of money in Spain you open a Euro bank account in Barcelona. No problem as this is routine in any country. But out of the blue, the bank is told to close your account and confiscate your money.
Tens of thousands of angry and betrayed Europeans demonstrated against the rising cost of living, with concerned citizens linking the crisis to the West’s anti-Russia policies.
Britain’s food supply is now vulnerable after one of only two major fertiliser plants in the country shut down due to spiralling energy costs just months after receiving a taxpayer bailout. CF Industries will close its site at Ince, Chester, putting nearly 300 jobs at risk, after the price of natural gas made the plant unprofitable.
BRITAIN set to destroy unwanted PPE equipment losing €4 billion according to a report issued by the Public Accounts Committee issued on June 10. However, critics note that the ruling elite that invested in these unnecessary products profited enormously from their investment in the manufacture and distribution of the PPE equipment. The profits will not be returned to the taxpayer.
According to him, the EU needs to change its strategy. ‘No one is interested in seeing the whole of Europe go bankrupt. After the oil embargo, they want to impose a gas embargo, then we will destroy the entire European economy,’ Orbán said on Kossuth radio. His words are quoted by RIA Novosti .