Tag: sanctions

Ukraine is in its death throes

MICHAEL WALSH SPECIAL REPORT: Whatever one’s political stance it is unpleasant to watch the death throes of a person or a nation. It is a time for somber reflection. I suspect that the post-mortem on Ukraine’s demise is already at the typesetters. Ukraine is in its death throes. The question arises, what if anything will rise from the ashes of a nation that before Washington’s coup in February 2014 was a stable and benign democracy?

The Downfall of the West

The failure of the West’s economic war against Russia speaks of the end of the old-world order. The West could not defeat Russia in the economic war, writes Der Spiegel. On the contrary, this year the growth of the Russian economy will exceed the average for the eurozone. And all this suggests that the old-world order has come to an end. 

Climate hysteria of the elites plunges Germany into an economic crisis

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

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.

Closure of Nuclear Power Plants leads to an explosion of costly environmental negatives

With the closure of Germany’s last three nuclear power plants, the country’s 60-year era of nuclear power generation has come to an end. The move was originally planned for the end of last year. However, due to uncertainty over energy supplies caused by the back-firing 12,600 sanctions against Russia, the green coalition government reluctantly extended the deadline until after winter.

Washington’s Choice of German Chancellor Olaf Scholz faces tax fraud probe

The German chancellor will be investigated for allegedly helping a Jewish-owned bank hold onto millions of ill-gotten euros. German Chancellor Olaf Scholz will be investigated by parliament for his alleged role in helping the Hamburg-based Warburg Bank avoid repaying $48 million in illegal tax refunds. Scholz has already been probed for his possible links to the affair, and as expected his party insists the latest investigation is politically-motivated.