ECB Announces More “Creative Destruction”

As ECB chairwoman Christine Lagarde announced more interest rate hikes for the future on June 27, reactions among economists split between those who said “it’s too much” and those who said “it’s too little”. While the former warn that EU economies are already in a recession and higher interest rates will inflict more damage, the latter insist that inflation in […]

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EU’s Green Deal Threatened With Extinction

As the Environment Committee of the European Parliament failed to reach a majority in favor of the infamous EU “renaturation” bill on June 27, mainstream media launched the alarm: the Green Deal is threatened with failure. Indeed, 44 EMPs had voted for, and 44 against the bill. Remarkably, while the CDU and so-called “right-wing” factions voted against, the Liberals split, […]

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Wind Power: Siemens Case Foretells Disaster

The third week of trading on the stock markets in June ended with a spectacular 37% drop in the shares of Siemens Gamesa. The company, a merger since 2016 of the former wind power division of Siemens Energy and the Spanish wind power system producer Gamesa, had been incurring losses for some time by then, which led Siemens Energy to […]

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Climate Change Is Good for King Charles’ Finances

King Charles III is making a dual killing on the “climate change” hoax: in financial profits from the monetary inflation it is causing, and in the people it is eliminating from the planet. As for the first, the Royal Family could be awarded £111 million from the wind farms built on the Crown Estate, a “windfall” profit of almost £24 […]

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Where Did the Billions Sent to Ukraine End Up?

According to the latest figures from Brussels, the EU has given Kyiv €72 billion in economic, military, and humanitarian aid since February 2022, draining its coffers. Nonetheless, the European Commission announced in June that it would offer Kyiv an additional €50 billion in loans and grants. That move has been opposed by Hungary, whose Prime Minister Viktor Orbán said on […]

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China-Africa Trade Is Booming

Representatives from 53 African countries (all but one) and 12 international organizations attended the third China-Africa Economic and Trade Expo, which ran from June 29-July 2 in Changsha, Hunan Province. This year’s event attracted 1,500 exhibitors, a jump of 70% compared to the previous Expo. Global Times pointed out that bilateral trade between China and African countries saw a 20-fold […]

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Mobilize Now to Stop a Nuclear Armageddon

Any evaluation of the strategic situation that is not based on the confrontation between Global NATO leaders and Russia, a nuclear power, with the threat of nuclear Armageddon in the equation, misses the point. The armed mutiny staged by Wagner Group head Yevgeny Prigozhin June 23-24 must be seen in this context, even if many aspects of it are not […]

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Dmitry Trenin: Bring Nuclear Weapons Back into the Strategic Equation

Dmitry Trenin, a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations, as well as a member of the Russian International Affairs Council (RIAC), has weighed into the recent international debate surrounding the use of nuclear weapons, sparked by Sergei Karaganov in an article titled “A Difficult […]

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