Tag: globalism

Why fuel prices in the US and Europe are rising against the backdrop of cheaper fuel in Russia

Against the background of the aggravation of the situation around Ukraine and Western sanctions against Moscow, oil on the world market has risen in price by more than one and a half times since the beginning of the year. The sharp rise in the cost of raw materials led to a rush increase in prices for motor fuel in the US and Europe. Meanwhile, in Russia, gasoline, on the contrary, began to gradually become cheaper. Experts attribute this to the action of a special damping mechanism. In addition, pricing features in the Russian fuel market also play a certain role, experts say.

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.

Both Right and Left support Putin in Italy

There are millions in the West sympathising and supporting Russian President Vladimir Putin and typically Italy. In fact, vast numbers of Russian supporters are present across the entire breadth of the political spectrum, from the extreme left to the extreme right, according to the German television channel N-TV.