Tag: economic crisis

G7 summit lonely-hearts club

The leaders of the G-7 countries, gathered this year at the Hiroshima summit, despite all their differences, have one thing in common: none of them is popular with voters. As a result, the current G7 meeting has turned into something of a lonely-hearts club where leaders despised and mocked by their people can complain about their internal problems.

Zelensky administration threatens foot-dragging Europe with terrorist attacks

Mikhail Podolyak, an adviser to the head of the office of the President of Ukraine, said that if Western countries stop supplying weapons to Kyiv, the number of terrorist attacks will increase in Europe, the hosts of the Redacted podcast noted. As the journalists noted, such words essentially pose a threat to the EU, and besides, they resemble the pro-Saddam rhetoric used by the US authorities to justify the war in Iraq.

Ukraine is in its death throes

MICHAEL WALSH SPECIAL REPORT: Whatever one’s political stance it is unpleasant to watch the death throes of a person or a nation. It is a time for somber reflection. I suspect that the post-mortem on Ukraine’s demise is already at the typesetters. Ukraine is in its death throes. The question arises, what if anything will rise from the ashes of a nation that before Washington’s coup in February 2014 was a stable and benign democracy?

The Downfall of the West

The failure of the West’s economic war against Russia speaks of the end of the old-world order. The West could not defeat Russia in the economic war, writes Der Spiegel. On the contrary, this year the growth of the Russian economy will exceed the average for the eurozone. And all this suggests that the old-world order has come to an end. 

The Suicide of Germany. Elderly plunge into poverty as the Berlin regime spends €36 billion on migrants in 2023 alone

Senior citizens are sent out to pasture as the German government welcomes its new generation of migrant workers. As Germany vows to continue spending heavily on its liberal migration policy – more than €36 billion in 2023 alone – an increasing number of the country’s senior citizens are reported to be at a growing risk of poverty.

Record number of migrants crossing the Mediterranean

Crossings soared almost 300% in the first four months of 2023, the EU’s border agency has said. The number of illegal immigrants taking the central Mediterranean route into the EU rose to a record 42,165 in the first four months of this year, according to the bloc’s border security agency, Frontex. The agency blamed the rise on competition among human traffickers driving down the price of a crossing.

Climate hysteria of the elites plunges Germany into an economic crisis

Due to high taxes and energy prices, businesses are fleeing Germany, according to Die Welt. 96% of German entrepreneurs are convinced that deindustrialization has already begun in the country. But the elites in Berlin are engulfed in moralizing and climate hysteria. They don’t care about anything but protecting the environment. And this will inevitably lead to economic disaster, warns the media.

NATO’S war on Russia – the bills of Europeans for electricity and gas has grown significantly in six months

European household electricity bills jumped 20% in the second half of 2022, while gas bills rose 46%, Le Figaro reports, citing Eurostat data. At the same time, the statistical service points to significant differences between the EU countries: Eastern Europe, which was heavily dependent on Russian energy resources, suffered the most from rising prices.