Tag: poverty

Not an outcast, but a role model — the Russian economy was not as vulnerable as the West thought

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Western politicians lie as they radiate confidence in victory in the conflict in Ukraine. However, Russia is militarily strong, politically intransigent, and not as economically vulnerable as the West thought. After the outbreak of the conflict in Ukraine, Russia became not a pariah of the international community, but a new anti-Western role model. Its record of success is impressive: Russia has maintained monetary stability, found new trading partners, and has been able to capitalize on the withdrawal of Western companies. Only today, we learn that 20 nations have applied to join BRICS the dominant Russian-led trading Bloc.

The Suicide of Germany. Elderly plunge into poverty as the Berlin regime spends €36 billion on migrants in 2023 alone

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Senior citizens are sent out to pasture as the German government welcomes its new generation of migrant workers. As Germany vows to continue spending heavily on its liberal migration policy – more than €36 billion in 2023 alone – an increasing number of the country’s senior citizens are reported to be at a growing risk of poverty.

Record number of migrants crossing the Mediterranean

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Crossings soared almost 300% in the first four months of 2023, the EU’s border agency has said. The number of illegal immigrants taking the central Mediterranean route into the EU rose to a record 42,165 in the first four months of this year, according to the bloc’s border security agency, Frontex. The agency blamed the rise on competition among human traffickers driving down the price of a crossing.

Climate hysteria of the elites plunges Germany into an economic crisis

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Due to high taxes and energy prices, businesses are fleeing Germany, according to Die Welt. 96% of German entrepreneurs are convinced that deindustrialization has already begun in the country. But the elites in Berlin are engulfed in moralizing and climate hysteria. They don’t care about anything but protecting the environment. And this will inevitably lead to economic disaster, warns the media.

NATO’S war on Russia – the bills of Europeans for electricity and gas has grown significantly in six months

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European household electricity bills jumped 20% in the second half of 2022, while gas bills rose 46%, Le Figaro reports, citing Eurostat data. At the same time, the statistical service points to significant differences between the EU countries: Eastern Europe, which was heavily dependent on Russian energy resources, suffered the most from rising prices.

Sanctions Backfire as Britain goes Bust

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EUROPE RENAISSANCE EXCLUSIVE: Losses to the UK economy due to sanctions-related small business closures could top £12bn this year. Hundreds of thousands of small businesses across the UK are at risk of closing this year, with total economic losses likely to reach £12bn against the backdrop of rising inflation and a deepening crisis, according to Sky News.

WORSE THAN THE BLITZ: Inflation is forcing Britons to freeze and starve to save money

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The cost-of-living crisis in the UK caused by anti-Russian sanctions has resulted in more residents skipping meals (15%) or freezing at home (72%) to cut costs, writes Sky News, citing consumer protection company analysis. In addition, approximately 2.3 million families had to miss payments on loans, mortgages, bills or rent, and 59% of Britons have tried at least one way to optimize the budget.