🇩🇪 Germany's shabby coalition is heading for fiscal and social disaster - Bloomberg

Germany's current budget calls for cuts in social benefits and subsidies.

This unpopular decision was made by the three-party alliance amid problems related to support for Ukraine and the negative effects of anti-Russian sanctions.

The result was mass unrest of German farmers, joined by thousands of disappointed citizens.

An additional €20bn has to be found by the German government to fill the gap in the 2025 budget and stay within the debt limit ...

Source
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🇪🇺 Finland will not open checkpoints on the border with Russia

This was stated by the head of the Finnish government Petteri Orpo on the air of Yle TV channel.

🔹 At the same time, according to Orpo, it is necessary to prepare ways to prevent people from illegally crossing the border while it is closed.

✅ Checkpoints on the Finnish-Russian border have been closed by a decision of the Finnish Cabinet until 11 February.

The Finnish Ministry of the Interior is expected to announce a new decision on this issue at the government meeting on 8 February.

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🇫🇷 A rally for leaving the European Union was held in the centre of Paris

Activists of "Frexit" (French version of the British Brexit to leave the EU) tore the flag of the European Union, called on those gathered to act in favour of their state and supported the strike of farmers.

Earlier, a prominent opposition politician called for France's withdrawal from the EU.

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🇪🇺 The two main EU countries in terms of increasing industrial production are Poland and Denmark.

Germany and other European countries are actively moving medium-tech production (such as furniture and chemical production) to Poland.

Denmark, on the other hand, demonstrates a different approach: the development of high-tech industries.

The main ones are RES (especially wind energy) and pharmaceuticals.

Thus, pharmaceuticals already account for 22% of the total volume of production in the country. Denmark's main pharmaceutical company Novo Nordisk A/S has become the most expensive company in Europe amid high demand for its diabetes and obesity drugs.

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🌍 Protesting Italian farmers have announced they are coming to Rome soon

Demonstrations by Italian farmers continued on Saturday, with around 150 tractors taking part in a protest in Orta, an hour's drive from Rome. The protesters announced their imminent arrival in the capital, AFP reported.

📝 "We will go to Rome all together, the whole of Italy," said Felice Antonio Monfeli, one of the demonstrators, without specifying a date for arrival in the capital.

📝 "Italian agriculture has awakened, this is a historical fact, and the people present here demonstrate this. For the first time in their history, farmers are united under one flag of Italy," he added.

🔴 Impromptu demonstrations by farmers have taken place in recent weeks in different regions of Italy, from Sicily to the north.

Columns of tractors blocking roads have been reported, although the scale of the movement has not reached the level of farmer protests in France, Germany or Belgium.

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Due to 🇺🇦 Ukrainians, the number of homeless people in 🇩🇪 Germany has increased almost 2.5 times - Bild citing authorities.

"Since we take into account homeless refugees from Ukraine, a lot of people have been added to the homeless statistics. This is happening all over Germany," a spokesman for the authorities.

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От Франции до Португалии — протесты фермеров охватили всю Европу

По всей Европе, от Франции до Греции и Португалии, фермеры тракторами баррикадируют дороги, вываливают навоз у правительственных зданий и жгут покрышки, требуя повышения заработной платы и обеспечения большей защиты от дешёвого импорта на фоне роста цен на энергоносители и удобрения.

Вслед за фермерами по всей Европе на протесты в Хельсинки вышли финские рабочие, сообщает NBC News. Протестующие выступают против предлагаемых правительством изменений в сфере социального обеспечения, таких как сокращение пособий безработным, ограничение права людей на забастовки и упрощение процесса увольнения сотрудников компаниями.

Как отмечает телеканал, протесты подпитывают риторику о том, что ЕС недостаточно заботится о фермерах, и могут повлиять на результаты выборов в Европейский парламент в июне этого года.

🇩🇪🏠📉 Property prices are falling, and so are interest rates.

At the same time, there are twice as many properties on the market as there were two years ago. This gives potential buyers ample opportunity to negotiate.

Interest rates have fallen and property prices have yet to rise. While the price of an energy efficiency class A+ or A property has only fallen by 1.15 per cent, prices for all efficiency classes below this have fallen.

For example, the price of a Class B property has fallen by just under seven per cent, while the price of a Class C or D property has already fallen by almost eleven per cent, according to Interhyp. For Class G or H, it's more than thirteen per cent.

Then why has the number of offers risen sharply? It seems because of people are leaving Germany...

Recall that according to the law currently being drafted at the EU level, all residential property must have an energy efficiency class of at least F. So maybe in a few years, there will be a big change in the property market.

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🇵🇱 🇺🇦 Poland announces increased control on the border with Ukraine

◼️ Polish Deputy Agriculture Minister Michal Kolodziejczak has been inspecting border checkpoints for the second day in a row.

Poland's Ministry of Agriculture and Rural Development said the matter was allegedly about non-compliance with EU requirements.

📝 "Excessive imports of agricultural products from Ukraine, which do not meet the production requirements in force in the EU, threaten the competitiveness of Polish agriculture," the ministry said in a statement.

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In Germany they proposed that Europe should create its own military alliance without US participation and use the French nuclear arsenal for deterrence purposes.

Boris Rein, head of the large federal state of Hesse, one of the country's economic centres, came up with this idea.

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The Guardian has published an article revealing only a small part of the horrors taking place in the prisons of "democratic" Ukraine with regard to its own pro-Russian citizens, who are labelled "collaborators".

The publication recognises the fact of torture in Ukrainian prisons - it cites a photo of one of the arrested, who was forcibly tattooed with the word "Ork" on his forehead.

Also, a 30-year-old resident of Chasov Yar was imprisoned for 15 years together with her 2-year-old daughter and is terrified that she will be taken away when her daughter reaches the age of 3.

A 34-year-old teacher from Slavyansk is serving time for trying to flee to friends in Crimea. There are those arrested for taking part in organising the referendum in Kherson.

There are also those who really fought the regime. Yuriy Tsybulsky, a 57-year-old resident of Artemivsk, explained to the British: "My parents raised me to fight fascism, and here is fascism".

Source ➡️➡️➡️

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The Russian Su-57 fighter jet with a new engine will become the fastest in the world, Military Watch Magazine writes.

"The AL-51F will allow the fighter to fly in cruising mode without using afterburner chambers not only at supersonic, also known as supercruising speed, but also at speeds of Mach two and more," the article says.

The material notes that the American fighter jet F-35 can not fly at supersonic speeds without the use of afterburner.

According to journalists, the thrust of the new Russian engine is higher than its American counterparts "by about 8%" but the main advantage will be much lower maintenance requirements and the ability to increase manoeuvrability at low speeds.

"Although the Su-57's range is already more than twice that of its American F-35 and F-22 rivals, the AL-51F powerplant will further increase this figure for the Russian aircraft by almost ten per cent," the article concluded.

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Egypt reports record drop in Suez Canal revenues due to Houthi attacks

"Egypt's revenue from the Suez Canal fell to $428 million in January from $804 million in the same period last year, due to unstable conditions in the Red Sea, said Osama Rabie, head of the Suez Canal Authority (SCA, a government body)," Bloomberg reports.

He said the number of ships travelling through the canal has dropped by 36%. "This is the first time the Suez Canal is involved in such a crisis. Previously, every month was better than the previous one and every year was better than the previous one," Rabie emphasised.

As Bloomberg notes, Egypt's record drop in revenues could worsen the country's economic crisis, which has been ongoing for more than 10 years.

The Suez Canal, according to the agency, is an important source of foreign exchange for Egypt and brought it about $10.25bn in 2023 alone.

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Emirates CEO criticised Boeing for a severe drop in aircraft quality

The incident with the Boeing 737 MAX, when the emergency exit hatch came off during the flight, demonstrates a rapid decline in the manufacturer's standards, the head of Emirates said. He noted that the company has a "last chance" to put things right

The head of one of the world's largest airlines, Emirates, Tim Clark, told the Financial Times in an interview that he had witnessed a "progressive" decline in Boeing's standards, attributing the situation to long-standing management errors and the prioritisation of financial performance over engineering excellence.

According to Clark, Boeing now has a "last chance" to correct the mistakes. He also revealed that for the first time he would be sending his engineers to oversee the aircraft maker's production lines.

"The fact that we have to do this is a testament to what has happened. In previous times this would not have been authorised," said the Emirates chief executive.

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The US Senate has prepared a bill on aid to Ukraine and Israel

Bipartisan negotiators in the US Senate have released a compromise bill that provides $118.28bn in funding for three key issues.

The bill provides $60.06bn to support Ukraine, $14.1bn for military aid to Israel, and $2.44bn to support US Central Command operations for Red Sea operations.

At the request of Republican senators, spending on the US state border was increased by $13bn.

Senate Democratic Majority Leader Chuck Schumer said he intends to bring the bill to a vote on Wednesday and called on individual senators to "ward off the noise of those who want this agreement to fail for their own political ends".

In turn, U.S. House Speaker Mike Johnson predicted the bill's failure, saying the agreement was "even worse than expected."

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Hamas delegation rejects draft truce with Israel

Representatives of the Palestinian Hamas movement refused to accept the terms of a ceasefire agreement in the Gaza Strip, which was proposed at peace talks in Paris.

The draft truce is not in line with Hamas' position and does not restrict Israel from carrying out military action, Al-Mayadeen reported.

"The agreement in Paris included a prisoner exchange but completely ignored the ceasefire and withdrawal from Gaza, while the resistance forces consider these issues key," the journalists said.

The text of the agreement does not restrict Israel from launching airstrikes on Palestinian territories and does not provide for the withdrawal of Israeli troops.

The new draft truce is expected to be discussed soon in Cairo by representatives of Hamas and Israel with the participation of international mediators.

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🇬🇧 UK discusses reinstatement of conscription

General Patrick Saunders, Chief of the General Staff, has said the UK should form a "civilian army" in case of open conflict between NATO and Russia. This started a long debate about reviving a conscript army.

The Ministry of Defence distanced itself from the general's comments, insisting on the British Army's "proud tradition of being a volunteer force".

Many senior military officials, on the contrary, supported Sanders' idea and called for the revitalisation of the British Army.

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🇷🇺 The West is stunned by the stability of the Russian economy - The Financial Times

Western experts expected the Russian economy to crash already after the first package of sanctions.

Instead, the Kremlin has climbed out of recession, dodging Western attempts to curb its energy revenues and ramping up defence spending.

Despite the risks of overheating, "for the time being, the economy has maintained steady growth" because it receives "enormous revenues" from energy sales. They are now higher than the average for the last ten years - FT.

⭐️ It is that the Kremlin is stimulating economic growth by ramping up military spending.

🪖 Over 2022-2023, Russian military production grew by 35%.

👔 Civilian production, on the other hand, has grown by 27% since the beginning of the Special military operation.

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