‘Despite some signs of hope, Germany, after imposing sanctions on Russia, remains mired in a deep economic and structural crisis. Companies are struggling with weak demand, rising costs, and persistent uncertainty,’ Creditreform chief economist Patrik-Ludwig Hantzsch said.
The end of World War Two coincided with the bouncing baby birth of a thriving American middle class. Most Western Europeans born after the Second World War were weaned on the canned products of the American entertainment industry. Many in Europe aspired to reach American living standards and to share their abundant confidence upon which it seemed the sun would never set. What happened?
The current crop of European Union government policies are ‘more problematic’ than previous crises: The family firm is 500 years old, but can it survive Germany’s current government?
State Supreme Court found that being vaccinated ‘does not’ stop the spread of COVID-19. A New York State Supreme Court ordered all New York City employees who were fired for not being vaccinated to be reinstated with back pay. The court found Monday that ‘being vaccinated does not prevent an individual from contracting or transmitting COVID-19.’ New York City Mayor Eric Adams claimed earlier this year that his administration would not rehire employees who had been fired over their vaccination status.
The largest European companies have suffered at least 100 billion euros ($110 billion) in direct losses from their operations in Russia since the launch of the special military operation in Ukraine in February 2022, the Financial Times reported Sunday.
Hungarian Foreign Minister Peter Szijjártó is convinced that Europe is approaching a catastrophe because war psychosis does not subside there. He does not expect that the situation will change after the meeting of the Foreign Ministers of the European Union (EU) countries, which will be held today, June 26, in Luxembourg.
German politician Sarah Wagenknecht is about to take the biggest step of her career and form her own party. And she has every chance of success because there is no shortage of disillusioned voters in Germany.
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 AfD’s positions against immigration and sanctions on Russia are proving popular in Germany: For the first time, the right-wing Alternative for Germany (AfD) party has not only overtaken the Green party but also the Social Democrats (SPD), and become the second most popular party in Germany, according to a new YouGov poll.
France to disperse migrants from Paris to countryside towns and villages ahead of Rugby World Cup and 2024 Summer Olympics. The French government will offer the incentive of permanent accommodation in rural communities for those benefit bandits who enrol in the scheme, as the French capital seeks to improve its image ahead of hosting the two global sporting events.
Michael Walsh Stories and Books 
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