The Belt and Road Initiative Has Been Good for Portugal and Italy

Ironically, as the European Commission was trying to push its “de-risking” strategy paper down the throat of the Foreign ministers meeting near Stockholm, two examples in the real world indicated how such a strategy goes against the interests of all European nations, even the most anti-China among them. China’s Vice President Han Zheng visited Portugal on May 7-9, as part […]

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EU Approves Dutch Plan for Massive Shutdown of Livestock Raising

European Union authorities on May 2 approved the Dutch government’s plan to offer €1.5 billion in buy-out payments to some 3,000 farmers, mainly livestock producers, to shut down in the Netherlands, on condition they agree not to relocate their production anywhere else in the EU. If a farmer accepts a so-called voluntary buy-out, he or she may never farm in […]

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Two Eminent Scientists Take on the “Climate Change” Hoax

Two well-known and respected American physicists, one of them the most recent Nobel Prize winner in that field, have made clear their opposition to the dominant “narrative” of climate change as an allegedly man-made occurrence. Given the accomplishments of both Prof. Theodore Postol and Dr. John F. Clauser, their interventions will undoubtedly impact the views of other scientists around the […]

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Drone Attack on the Kremlin Puts Us on the Edge of the Abyss

In the early morning hours of May 3, Moscow time, two Ukrainian drones approaching the residence of Vladimir Putin at the Kremlin were neutralized by personnel onsite before causing damage, but catapulting the proxy war of NATO against Russia to new heights. The Russians made clear, from the very first statement on, that they held the Ukrainian authorities responsible for […]

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Central Banks Stick to Controlled Disintegration of the Economy

Last week, the Federal Reserve and the European Central Bank raised interest rates by a quarter point, apparently unconcerned about what this means for an already contracting economy, and for the banking system itself, where the epidemic of bank failures in the U.S. is by no means under control. The Fed raised rates by 5% in one year — something […]

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U.S. Regional Banks on the Chopping Block

The demise of regional banks in the United States is being accelerated by the sharks of Wall Street, who are shorting their stocks on the future market. As the Wall Street on Parade website reports, Silvergate and First Republic were on that list as of late March 2023, with First Republic holding the top place. Number 2 on the list […]

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EU Goes All Out for War Economy

That the European Union has become virtually synonymous with NATO was corroborated last week by the highest level officials in Brussels. Foreign policy chief Josep Borrell, for example, stated on May 5, at the State of the Union 2023 conference in Florence, that he feels more like a “defense minister” than the EU’s top diplomat, because he’s so busy organizing […]

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De-industrialization Accelerating in Germany at an Alarming Rate

The industrial overview for March issued by the German Economy Ministry shows an alarming drop in industrial output, as well as of new orders. The automotive industry accounts for a particularly large share of the decline, with a 6.5% decrease in production compared to the previous month. The construction sector was down by 4.6%, the machine builders by 3.4%, and […]

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