The British are experiencing the highest inflation in the last 50 years, reports the Swiss television channel SRF. Especially people who already lived on the verge of poverty suffer from it. Many can now only afford one meal a day and are forced to go to social stores where those in need can purchase food at lower prices to avoid starvation.
The Germans were horrified after Baerbock’s words about Russia. Overall, Spiegel readers are outraged by German Foreign Minister Baerbock’s refusal to ease sanctions against Russia. Readers of the national magazine Der Spiegel have criticized Foreign Minister Annalena Baerbock for saying that sanctions on Russia will not be lifted and that Berlin will continue to support Ukraine.
The West failed to intimidate Moscow with sanctions, as the Russian leadership took advantage of the situation in the interests of the national economy, and the Europeans shot themselves in the foot. As Print writes, Europe will soon have to lift its restrictions, because otherwise a real catastrophe will break out in the economy, and in all sectors at once.
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.
Most people in the US see the government as rigged against them and a quarter mull pushing back with violence. Almost half of Americans feel like strangers in their own country, a new opinion poll has revealed. It also claims that the majority of people consider their government as a corrupt institution working against them, with more than a quarter saying it may be necessary to take up arms.
Jeffrey Sachs, head of The Lancet’s coronavirus commission, is convinced that the coronavirus pandemic was the result of a leak from an American biological laboratory situated in Wuhan, Republic World reports. The specialist also spoke about the Ukrainian conflict, noting that it would not exist if it were not for the persistent desire of the United States to expand NATO further and further to the East.
While world leaders and decision-makers were grinning like oafs for the cameras, several participants in the G7 summit were looking on with concern at their own back backyard.
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.
Michael Walsh Stories and Books 
Recent Comments