Tag: economic crisis

The End of Dollar Dominance and Catastrophe for the Euro

‘When will the Russian ruble be tied to gold? It’s a matter of time (perhaps it has already happened). The Central Bank of Russia already announced a few days ago that it was buying up gold at a fixed price. The tax on the purchase of gold by individuals has been abolished. You don’t have to be a top-level financial analyst to understand where all this is leading up to.

Need a cheap filling station go to Russia

At Russian gas stations, gasoline is becoming cheaper. This became reported on Friday, March 11. Thus, on the St. Petersburg International Commodity and Raw Materials Exchange, since February 28, the price of AI-92 gasoline has decreased by a whopping 24.5% and amounted to 36.8 thousand rubles per ton, AI-95 – by 22% to 40.1 thousand rubles.

Manuel Labour isn’t Working for Spain as Truckers down Tyre Levers

Despite the futile efforts of the Spanish government to reduce the prices of gasoline and diesel fuel, the Platform for the Protection of the Transport Sector intends to continue the strike. The truckers’ protest has been going on for almost two weeks. The key workers are not satisfied with the proposed measures and they demand an immediate solution to the problem of skyrocketing fuel prices.

If Europe had as many feet as a centipede it would shoot itself in every foot

Tourism in Italy is considered a backbone industry, which before the quizzical pandemic brought 13% of the country’s GDP, German TV channel Das Erste reports. In 2019, 1.7 million tourists from Russia visited Italy, leaving almost a billion euros on vacation, but because of the events in Ukraine, they are no longer counted on, which leads many companies in the Italian tourism sector to despair. The same picture emerges in Greece, Spain and Portugal.

Britain obediently follows Washington into the Economic Abyss

The UK was preparing for the biggest decline in living standards in decades even before the start of Russia’s special operation in Ukraine. Blaming Putin is unlikely to gain a toehold in the public consciousness. The consequences of the Washington-fuelled conflict threaten to intensify the crisis of Britain’s poorest households and pull into dire financial problems millions of people in the United Kingdom, writes Bloomberg.

Why would Russia attack Europe when it is doing such a good job of attacking itself.

Just whose side is the EU and Washington on? Why would Russia have any interest in attacking Europe when the EU and US are doing such a good job of attacking themselves. After oil and gas, cereals and some metals, German industry is now warning that another imminent shortage is looming: that of soot, or as the tire industry more elegantly calls it, ‘carbon black.’

The Cancerous Growth of Lawlessness Sweeping France

The vilified realists dubbed far-right’ and ‘neo-Nazis’ by mainstream media are again and again proved right. Approximately 6 per cent of the French population now resides in lawless neighbourhoods outside the sphere and control of civilized society, a former head of France’s intelligence service reveals.

Brace for ‘A Hurricane of Hunger’ says UN Chief

The current situation in Ukraine fuelled by the United States and EU regimes could lead to a hurricane of hunger that will sweep the world, warns UN Secretary-General António Guterres. As the German TV channel ZDF notes, the 45 least developed countries of the world import at least a third of the wheat from Ukraine or from Russia. Guterres called on the international community to act to prevent the collapse of the global food system.