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Belgium and Hungary Launch Controversial Digital IDs, Vaccine Passport, Ahead of EU Regulations
Belgium and Hungary Launch Controversial Digital IDs, Vaccine Passport, Ahead of EU Regulations If you’re tired of censorship and surveillance, join Reclaim The Net. Belgium and Hungary are leading the way in launching digital ID wallets ahead of EU’s eIDAS (“electronic identification and trust services”) 2.0 regulation and EUDI Wallet coming into force later this month. In Belgium, […]
Majority Of Hungarian Gas Stations To Run Dry Next Week
Majority Of Hungarian Gas Stations To Run Dry Next Week Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported. According to Daily News Hungary. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of […]
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo The European Union’s ban on Russian oil is in jeopardy Friday after Hungary’s Prime Minister Viktor Orban rejected proposals as too costly and too swift for the country to implement, marking a potentially lethal blow to the bloc’s plans to wean […]
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately (Update 1:25pm ET) – Those who have it, are no longer giving it away, and those that don’t will soon find themselves in the middle of an epic food crisis. Just hours after we reported that Russia effectively banned exports of fertilizers, moments ago Hungary – […]
Gold Is Becoming Cool Again
Gold Is Becoming Cool Again The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive press and increasing accumulation by big investors. India, for instance, imported less gold than usual in the first part of […]
Never Go Nuclear — The EU Goes After Hungary
Never Go Nuclear — The EU Goes After Hungary If there is one thing people with power always do when confronted with intransigence it is they always go nuclear. As a parent we’ve all been there. That moment when your child calls your bluff on a particular thing you’ve been arguing over and you’re left […]
A League of Leagues of Their Own in Europe
A League of Leagues of Their Own in Europe “There’s no crying in baseball!” — A League of Their Own The Great Realignment is coming to Europe next year. All the writing is on the wall. This summer saw German Chancellor Angela Merkel survive a leadership challenge by her coalition partner Horst Seehofer over her […]
Falcon in the storm #04 – Critical Mass Heaters
Falcon in the storm #04 – Critical Mass Heaters In our 4th guest post from Gergő Benedek, we look at rural energy issues across Hungary. While Hungary is preparing to invest into the most ambitious energy project of its entire history – building a new nuclear power plant – the rural areas of the country […]
Hungarian National Bank Decides to Bring Gold Reserves Back Home
HUNGARIAN NATIONAL BANK DECIDES TO BRING GOLD RESERVES BACK HOME The leadership of the Hungarian National Bank (MNB) has decided to bring back home Hungary’s gold reserves. Up to now, 100,000 ounces (3 tons) of the precious metal were stored in London, which is in total worth some 33 billion forint ($130 million) at current gold […]
US State Department Admits Plans To Meddle In Hungary’s Democracy
US State Department Admits Plans To Meddle In Hungary’s Democracy As we noted last week, hypocrisy may be the only consistent guiding principle of US foreign policy. The Rex Tillerson State Department will pump $700,000 into Hungarian media to remove Viktor Orban. TheDuran’s Alex Christoforou writes: When another nation state uses media to communicate it’s […]
Hungarian Central Bank Hoards 200,000 Bullets, Hundreds Of Guns Due To “Security Risks”
Hungarian Central Bank Hoards 200,000 Bullets, Hundreds Of Guns Due To “Security Risks” If we learned anything last September it’s that Janet Yellen’s reaction function now includes domestic and global financial markets. Well that, and we learned that Hungarian PM Viktor Orban isn’t playing around when it comes to Europe’s worsening refugee crisis. While everyone else […]
Ukraine’s Looming “19 Fukushimas” Scenario
Ukraine’s Looming “19 Fukushimas” Scenario With all the action in Syria, the Ukraine is no longer a subject for discussion in the West. In Russia, where the Ukraine is still a major problem looming on the horizon, and where some 1.5 million Ukrainian refugees are settling in, with no intentions of going back to what’s left […]
The European Union Is Disintegrating: Austria Builds New Fence; Germany, Sweden Resume Border Checks
The European Union Is Disintegrating: Austria Builds New Fence; Germany, Sweden Resume Border Checks It was just two days ago when we reported that Slovenia had begun to construct its own version of Viktor Orban’s now infamous razor wire, anti-migrant fences. As The New York times noted, more than 170,000 refugees from the war-torn Mid-East have crossed […]