A tale of two worlds
A tale of two worlds In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of destroying the dollar. So far, Putin’s actions have been relatively passive. But already, both Russia and China have accumulated enough gold […]
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses. Business insolvencies in the UK surged by 57% in 2022, to 22,109, according to the latest data from the Insolvency Service, […]
Mount Washington Observatory As Cold As Mars With Record-Breaking Wind Chill
Mount Washington Observatory As Cold As Mars With Record-Breaking Wind Chill The polar vortex that moved in yesterday has been nothing short of impressive. Records were broken at the Mount Washington Observatory (MWObs) in New Hampshire’s White Mountains. At 6,288 feet, MWObs is located at the highest peak in the Northeast and has some of the most […]
Kris De Decker: “Low Tech: What, Why, and How.”
Kris De Decker: “Low Tech: What, Why, and How.”
More Than 400,000 Texans Without Power Amid Dangerous Winter Storm
More Than 400,000 Texans Without Power Amid Dangerous Winter Storm The freezing conditions will end for Texas soon, but they’re set to move into the Northeast this weekend. A woman waits for paramedics in the back of a Lyft Ride vehicle on February 01, 2023 in Austin, Texas. A winter storm is sweeping across portions […]
Norway Finds Rare Earth Metals That Could Make Europe Less Dependent On China
Norway Finds Rare Earth Metals That Could Make Europe Less Dependent On China Norwegian scientists have made a discovery of rare earth metals in the country’s northern region. The findings have the potential to transform the country’s economy and secure its place as a major player in the global market for high-tech and green technology. Furthermore, the […]
France Hit By Strikes, Protests Amid Outrage At Hiking Retirement Age To 64
France Hit By Strikes, Protests Amid Outrage At Hiking Retirement Age To 64 French labor unions have been holding several days of mass strikes and protests against raising the retirement age, in a test of the momentum driving defiance to Emmanuel Macron’s signature economic reform… which is hardly surprising: France is one of the biggest […]
You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come
You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come Relief is spreading among economic analysts and stock market experts. Energy prices are decreasing noticeably. The energy supply this winter seems secure; in Europe, government support for consumers and producers is available if needed. China is turning away from its […]
Long After WWII, Russia Once Again Threatened With German Tanks “With Crosses On Them”: Putin
Long After WWII, Russia Once Again Threatened With German Tanks “With Crosses On Them”: Putin On Thursday Russian President Vladimir Putin attended events marking the 80th anniversary of the battle of Stalingrad, and in his speech hailing Russia’s historic victory against Nazi Germany in World War II, he didn’t hold back, lashing out against Berlin’s contemporary […]
Why the End of the Petrodollar Spells Trouble for the US Regime
Why the End of the Petrodollar Spells Trouble for the US Regime On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the […]
Former UK Defense Minister Says NATO May Need To Send Ground Forces To Ukraine
Former UK Defense Minister Says NATO May Need To Send Ground Forces To Ukraine The “domino theory” was once used to great effect in order to manipulate the American public into supporting the Vietnam War, but will the same narrative work to get the west to support World War III with Russia? Former UK Defense Minister Sir Gerald Howarth […]
European Natural Gas Prices Surge Ahead Of Cold Spell
European Natural Gas Prices Surge Ahead Of Cold Spell The Dutch TTF benchmark price jumped by 11% on Tuesday morning, recovering from a 17% price slump last week. An unplanned outage at a Norwegian gas processing plan and short covering combined to add upward pressure to gas prices. Next week, temperatures could be lower than […]
Hyperinflationary Hell: Lebanese Central Bank Devalues ‘Lira’ By 90%
Hyperinflationary Hell: Lebanese Central Bank Devalues ‘Lira’ By 90% Cash is now king in Lebanon, where a three-year economic meltdown has led the country’s once-lauded financial sector to atrophy and turned the country into a Venezuelan-esque hyperinflationary hell. The country has been hit hard by events over the past few years, starting with COVID. In […]
South Africa’s Energy Crisis Could Spark A Political And Economic Disaster
South Africa’s Energy Crisis Could Spark A Political And Economic Disaster Eskom is operating at 50% capacity with rolling blackouts that are causing civil unrest and economic hardship. An international aid package worth $8.5 billion is being put together by the U.S. and Europe to help fund South Africa’s green energy transition. The dismal track […]
