🇩🇪💶 Germany faces possible $265 billion loss in added value as a byproduct of war and high energy prices 💶🇩🇪
👉In comparison with expectations for a peaceful Europe 🌍, Germany's price-adjusted gross domestic product (GDP) will be 1.7% lower 📉 next year and there will be about 240,000 fewer people in employment 🤷♂️, said the study by the Institute for Employment Research (IAB) published on Tuesday
👉If energy prices, which have so far shot up by 160% 📈, were to double again, Germany's 2023 economic output would be almost 4% lower than it would have been without the war, according to the study 🤯
👉Earlier this year, five of Germany’s top economic research centers published a joint forecast regarding the effect of the current situation on the country’s GDP. They estimated that Germany could lose slightly less, 💶 €220 billion in GDP 💶, but over a shorter period of time – in two years. They also predicted that the country would experience the highest rate of inflation in its modern history, and possibly a recession, if Berlin doesn’t change its stance on Russian 🇷🇺 energy supplies 🔥
#Germany #Energy #GAS #WarInUkraine #FindTruth
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👉In comparison with expectations for a peaceful Europe 🌍, Germany's price-adjusted gross domestic product (GDP) will be 1.7% lower 📉 next year and there will be about 240,000 fewer people in employment 🤷♂️, said the study by the Institute for Employment Research (IAB) published on Tuesday
👉If energy prices, which have so far shot up by 160% 📈, were to double again, Germany's 2023 economic output would be almost 4% lower than it would have been without the war, according to the study 🤯
👉Earlier this year, five of Germany’s top economic research centers published a joint forecast regarding the effect of the current situation on the country’s GDP. They estimated that Germany could lose slightly less, 💶 €220 billion in GDP 💶, but over a shorter period of time – in two years. They also predicted that the country would experience the highest rate of inflation in its modern history, and possibly a recession, if Berlin doesn’t change its stance on Russian 🇷🇺 energy supplies 🔥
#Germany #Energy #GAS #WarInUkraine #FindTruth
👉follow us: @ukraineinhurricane👈
Reuters
German economy to lose $265 billion in added value due to war, high energy prices, study says
Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labour market, according to a study by the Institute for Employment Research (IAB).
❗️South Korea 🇰🇷 Joins Advanced Fighter Club With KF-21 First Flight ❗️
🔥South Korea has entered the 4.5-generation fighter club with the first flight of its latest fighter project, the KF-21 Boramae, demonstrating the country’s ability to develop advanced technologies while simultaneously taking yet another step toward independent production and export of weapons
👉Developed primarily by Korea Aerospace Industries (KAI), the Boramae, loosely translated as “young hawk” or “fighting hawk,” is the result of former President Kim Dae-jung’s ambition to develop an indigenously produced frontline fighter 👊 by 2015. Dae-jung’s goal was delayed several years after the U.S. declined to transfer the technology of key components such as an active, electronically scanned array radar system and an infrared-search-and-track (IRST) system 📡
👉Instead of relying on the U.S., South Korea developed these technologies itself, drawing on defense primes such as Hanwha and LIG Nex1. The first aircraft was rolled out with fanfare in April 2021. The only major U.S. item of technology transfer was its engines, a pair of General Electric F414-GE400Ks, manufactured under license by Hanwha Aerospace
👉The only other countries to have developed and flown an advanced supersonic jet fighter are the United States 🇺🇸, Russia 🇷🇺, China 🇨🇳, Japan 🇯🇵, France 🇫🇷, Sweden 🇸🇪 and a European consortium 🇪🇺 of the United Kingdom, Germany, Italy and Spain
#FindTruth
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🔥South Korea has entered the 4.5-generation fighter club with the first flight of its latest fighter project, the KF-21 Boramae, demonstrating the country’s ability to develop advanced technologies while simultaneously taking yet another step toward independent production and export of weapons
👉Developed primarily by Korea Aerospace Industries (KAI), the Boramae, loosely translated as “young hawk” or “fighting hawk,” is the result of former President Kim Dae-jung’s ambition to develop an indigenously produced frontline fighter 👊 by 2015. Dae-jung’s goal was delayed several years after the U.S. declined to transfer the technology of key components such as an active, electronically scanned array radar system and an infrared-search-and-track (IRST) system 📡
👉Instead of relying on the U.S., South Korea developed these technologies itself, drawing on defense primes such as Hanwha and LIG Nex1. The first aircraft was rolled out with fanfare in April 2021. The only major U.S. item of technology transfer was its engines, a pair of General Electric F414-GE400Ks, manufactured under license by Hanwha Aerospace
👉The only other countries to have developed and flown an advanced supersonic jet fighter are the United States 🇺🇸, Russia 🇷🇺, China 🇨🇳, Japan 🇯🇵, France 🇫🇷, Sweden 🇸🇪 and a European consortium 🇪🇺 of the United Kingdom, Germany, Italy and Spain
#FindTruth
👉follow us: @ukraineinhurricane👈
CNN
South Korea joins supersonic fighter club as KF-21 jet takes to skies
South Korea's homegrown KF-21 Boramae fighter jet flew for the first time on Tuesday, putting the country among the few nations to have developed and flown an advanced supersonic fighter.
🇪🇺 💧Rivers across Europe are too dry, too low and too warm disrupting $80 Billion in Trade Routes 💧🇪🇺
❗️Extended heat 🔥 and low rainfall across Europe 🇪🇺 are causing major rivers to dry up. This is having serious consequences for wildlife 🐄, the economy and the people living near the Rhine, Po, Thames and other affected rivers
❗️Europe's great rivers are important economic routes and ecosystems, as well as emblems of the cities through which they pass. Now, countries all across the continent are struggling once more with high temperatures and prolonged drought — and, as a result, the rivers are running low or are simply too hot 🥵
#EU #Climate #FindTruth
👉follow us: @ukraineinhurricane👈
❗️Extended heat 🔥 and low rainfall across Europe 🇪🇺 are causing major rivers to dry up. This is having serious consequences for wildlife 🐄, the economy and the people living near the Rhine, Po, Thames and other affected rivers
❗️Europe's great rivers are important economic routes and ecosystems, as well as emblems of the cities through which they pass. Now, countries all across the continent are struggling once more with high temperatures and prolonged drought — and, as a result, the rivers are running low or are simply too hot 🥵
#EU #Climate #FindTruth
👉follow us: @ukraineinhurricane👈
Bloomberg
Major Rivers Across Europe Are Drying Up at the Worst Possible Moment
"I've never, ever, seen this. It is insane."
🇵🇱Poland warns it will turn cannons on the EU in rule of law dispute🇵🇱
✍️Poland’s national-conservative government has significantly toughened its rhetoric in its rule-of-law standoff with Brussels 🇪🇺, threatening to turn “all our cannon” on the European Commission and if necessary build a coalition to unseat its president
✍️Poland’s government will be guided by the principles of ⚔️ “you reap what you sow” ⚔️ and ⚔️“tooth for a tooth” ⚔️ when dealing with the European Commission 🇪🇺, said Krzysztof Sobolewski, the general secretary of the ruling Law and Justice (PiS) party. Warsaw may use its veto power in the EU, form a coalition to oust Ursula von der Leyen as Commission president 🤷♂️, and otherwise leverage its place in the union to throw a wrench into the gears of the union’s executive branch, he suggested
✍️Sobolewski was commenting on an interview that party leader Jaroslaw Kaczynski had given last week to the weekly magazine Sieci. In it he expressed the issue as part of a broader conspiracy aimed at subverting Poland and accused the Commission of trying "to break Poland and force it into full submission to Germany 🇩🇪."
#EU #Poland #Germany #FindTruth
👉follow us: @ukraineinhurricane👈
✍️Poland’s national-conservative government has significantly toughened its rhetoric in its rule-of-law standoff with Brussels 🇪🇺, threatening to turn “all our cannon” on the European Commission and if necessary build a coalition to unseat its president
✍️Poland’s government will be guided by the principles of ⚔️ “you reap what you sow” ⚔️ and ⚔️“tooth for a tooth” ⚔️ when dealing with the European Commission 🇪🇺, said Krzysztof Sobolewski, the general secretary of the ruling Law and Justice (PiS) party. Warsaw may use its veto power in the EU, form a coalition to oust Ursula von der Leyen as Commission president 🤷♂️, and otherwise leverage its place in the union to throw a wrench into the gears of the union’s executive branch, he suggested
✍️Sobolewski was commenting on an interview that party leader Jaroslaw Kaczynski had given last week to the weekly magazine Sieci. In it he expressed the issue as part of a broader conspiracy aimed at subverting Poland and accused the Commission of trying "to break Poland and force it into full submission to Germany 🇩🇪."
#EU #Poland #Germany #FindTruth
👉follow us: @ukraineinhurricane👈
the Guardian
Poland threatens to turn ‘all our cannon’ on EU in rule-of-law row
Ruling party steps up rhetoric by suggesting it could unseat European Commission’s Ursula von der Leyen
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🇬🇧Liz Truss doesn’t seem to hear British voters 🤷♂️ two thirds of whom believe the government would be wrong to prioritise tax cuts over tackling the cost of living🇬🇧
❗️“Reuters”: Liz Truss, frontrunner in the race to replace Boris Johnson as British prime minister, said on Tuesday she still favoured tax cuts to grow the economy 📈 instead of providing direct support to households facing unprecedented rises in energy bills.
#UK #Tax #FindTruth
👉follow us: @ukraineinhurricane👈
❗️“Reuters”: Liz Truss, frontrunner in the race to replace Boris Johnson as British prime minister, said on Tuesday she still favoured tax cuts to grow the economy 📈 instead of providing direct support to households facing unprecedented rises in energy bills.
#UK #Tax #FindTruth
👉follow us: @ukraineinhurricane👈
Reuters
UK's Liz Truss still favours tax cuts over direct support on energy bills
Liz Truss, the frontrunner in the race to replace Boris Johnson as British Prime Minister, said on Tuesday she still favoured tax cuts to grow the economy instead of providing direct support to households facing unprecedented rises in energy bills.
⚡️Pocket money from the womb⚡️
❗️Georgia taxpayers can now list embryos as dependents on their tax returns
🇺🇸Georgia’s department of revenue said it would begin to “recognize any unborn child with a detectable human heartbeat as eligible for [an] individual income tax dependent exemption”
😱Abortion rights demonstrators march to the US Capitol from the Supreme Court building on 10 May 2022. Abortion rights: how a governor’s veto can protect women’s freedoms. The announcement follows the Supreme Court’s ruling on 24 June that overturned the landmark Roe v Wade ruling that established the nationwide right to an abortion nearly 50 years earlier
💁♂️Officials added that taxpayers filing returns from 20 July onward can claim a deduction of up to $3,000 for any fetus whose heartbeat could be detected. Legal analysts and advocates for abortion rights greeted the announcement with dismay and skepticism
#USA #FindTruth
👉follow us: @ukraineinhurricane👈
❗️Georgia taxpayers can now list embryos as dependents on their tax returns
🇺🇸Georgia’s department of revenue said it would begin to “recognize any unborn child with a detectable human heartbeat as eligible for [an] individual income tax dependent exemption”
😱Abortion rights demonstrators march to the US Capitol from the Supreme Court building on 10 May 2022. Abortion rights: how a governor’s veto can protect women’s freedoms. The announcement follows the Supreme Court’s ruling on 24 June that overturned the landmark Roe v Wade ruling that established the nationwide right to an abortion nearly 50 years earlier
💁♂️Officials added that taxpayers filing returns from 20 July onward can claim a deduction of up to $3,000 for any fetus whose heartbeat could be detected. Legal analysts and advocates for abortion rights greeted the announcement with dismay and skepticism
#USA #FindTruth
👉follow us: @ukraineinhurricane👈
USA TODAY
Georgia residents can claim embryo as a dependent for $3,000 on their state taxes
In wake of the overturning of Roe v. Wade, the state of Georgia now allows residents to claim up to $3,000 per embryo on their tax return forms.
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⚡️Mayors counter Zelensky to hit the jackpot⚡️
🇺🇦As the war grinds on in Ukraine and billions of dollars in international aid pours in, cracks and prewar tensions are beginning to emerge between the central government and local leaders
🤔Recent frictions between President Zelensky and Ukrainian mayors who are trying to defend or rebuild their devastated cities and towns underscore Ukraine’s mounting internal challenges as it approaches six months of war. Mayors and analysts told that government in Kyiv appears to be trying to sideline mayors to maintain control of recovery aid and to weaken any future political rivals
❗️These rifts with local politicians come as Zelensky has made controversial changes within his own cabinet, last month suspending the head of Ukraine’s security services and its prosecutor general as he also announced a widespread investigation into “treason and collaboration activities”
💰As the world rushes to help Ukraine, the central government is the main conduit for the tens of billions of dollars in aid that countries and agencies have pledged to rebuild its shattered cities. It has also created regional military administrations whose power often supersedes that of civilian local governments and which are funded directly by Kyiv
🔥That has led to frustration among mayors, who argue that regional leaders are better positioned than central government officials to quickly receive and direct funds and to know what their constituents need. Amid the wreckage, mayors are trying to establish their own international partnerships with countries or cities willing to fund specific reconstruction programs.
💁♂️As always in Ukraine, we have here money talks…
👉follow us: @ukraineinhurricane👈
🇺🇦As the war grinds on in Ukraine and billions of dollars in international aid pours in, cracks and prewar tensions are beginning to emerge between the central government and local leaders
🤔Recent frictions between President Zelensky and Ukrainian mayors who are trying to defend or rebuild their devastated cities and towns underscore Ukraine’s mounting internal challenges as it approaches six months of war. Mayors and analysts told that government in Kyiv appears to be trying to sideline mayors to maintain control of recovery aid and to weaken any future political rivals
❗️These rifts with local politicians come as Zelensky has made controversial changes within his own cabinet, last month suspending the head of Ukraine’s security services and its prosecutor general as he also announced a widespread investigation into “treason and collaboration activities”
💰As the world rushes to help Ukraine, the central government is the main conduit for the tens of billions of dollars in aid that countries and agencies have pledged to rebuild its shattered cities. It has also created regional military administrations whose power often supersedes that of civilian local governments and which are funded directly by Kyiv
🔥That has led to frustration among mayors, who argue that regional leaders are better positioned than central government officials to quickly receive and direct funds and to know what their constituents need. Amid the wreckage, mayors are trying to establish their own international partnerships with countries or cities willing to fund specific reconstruction programs.
💁♂️As always in Ukraine, we have here money talks…
👉follow us: @ukraineinhurricane👈
Telegram
Ukraine In Hurricane [EN]
‼️Struggle for lives of laid-off Ukrainian security officials‼️
💁♂️As we previously reported, Ukrainian president Zelensky dismissed two senior law enforcement officials, saying they had not been nearly aggressive enough in “cleansing” their agencies of…
💁♂️As we previously reported, Ukrainian president Zelensky dismissed two senior law enforcement officials, saying they had not been nearly aggressive enough in “cleansing” their agencies of…
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⚡️In Taiwan, as in Ukraine, the west is flirting with disaster⚡️
🪖The threat of a serious east-west confrontation is looming. It may be that one day a global war, like global heating, delivers the world a catastrophe it may have to confront, says Simon Jenkins, a Guardian columnist, author and BBC broadcaster
🇺🇸“Strategic ambiguity” infuses U.S. policy regarding Sino-Taiwanese tensions, as well as the west’s attitude towards Russia over Ukraine. The US and Britain reiterate that Russia “must fail and be seen to fail”
🇺🇦🇹🇼The fates of Ukraine and Taiwan merit every diplomatic support but they cannot be allowed to lurch downhill towards global war or nuclear catastrophe. This may reduce the effect – always overstated – of nuclear deterrence, and make them vulnerable to blackmail. But it is one thing to declare yourself “rather dead than red”, quite another to inflict that decision on others
💁♂️For the time being liberal democracy surely owes it to humanity to avert rather than provoke that risk. Both sides are now flirting with disaster. Mr. Jenkins concludes that the west should be ready to back off – and not call it defeat
👉follow us: @ukraineinhurricane👈
🪖The threat of a serious east-west confrontation is looming. It may be that one day a global war, like global heating, delivers the world a catastrophe it may have to confront, says Simon Jenkins, a Guardian columnist, author and BBC broadcaster
🇺🇸“Strategic ambiguity” infuses U.S. policy regarding Sino-Taiwanese tensions, as well as the west’s attitude towards Russia over Ukraine. The US and Britain reiterate that Russia “must fail and be seen to fail”
🇺🇦🇹🇼The fates of Ukraine and Taiwan merit every diplomatic support but they cannot be allowed to lurch downhill towards global war or nuclear catastrophe. This may reduce the effect – always overstated – of nuclear deterrence, and make them vulnerable to blackmail. But it is one thing to declare yourself “rather dead than red”, quite another to inflict that decision on others
💁♂️For the time being liberal democracy surely owes it to humanity to avert rather than provoke that risk. Both sides are now flirting with disaster. Mr. Jenkins concludes that the west should be ready to back off – and not call it defeat
👉follow us: @ukraineinhurricane👈
the Guardian
In Taiwan, as in Ukraine, the west is flirting with disaster | Simon Jenkins
It’s one thing to declare yourself ‘rather dead than red’, quite another to inflict that decision on the rest of us, says Guardian columnist Simon Jenkins
⚡️Clash of the titans for Ukrainian Data⚡️
❗️Despite facing intensifying criticism at home over their influence in the marketplace and public square, the role of Big tech companies in Ukraine shows how they are becoming a key asset in the West’s rivalry with Russia and China
🇺🇦Ukraine awarded Google a peace prize for its help securing Ukrainian computer systems against Russian cyberattacks [oh, those famous Russian hackers] and for cutting some business ties to Russia. It later gave AWS and Microsoft similar awards.
🔥In February, Ukraine passed a law allowing private cloud providers to host government data outside its borders, then struck contracts with Amazon Web Services (AWS), Microsoft Corp., Oracle Corp. and Alphabet Inc.’s Google
💁♂️AWS used several suitcase-sized storage devices called “snowballs” to quickly download and back up Ukraine government data from land registries to tax records, transport it to safety and then upload it to the cloud
🤔This caused a nervous reaction among the other major players. Peace awards given to companies scarcely compensate loss of profit. Corruption mechanisms in Ukraine continue to operate in the most favorable way for themselves
👉follow us: @ukraineinhurricane👈
❗️Despite facing intensifying criticism at home over their influence in the marketplace and public square, the role of Big tech companies in Ukraine shows how they are becoming a key asset in the West’s rivalry with Russia and China
🇺🇦Ukraine awarded Google a peace prize for its help securing Ukrainian computer systems against Russian cyberattacks [oh, those famous Russian hackers] and for cutting some business ties to Russia. It later gave AWS and Microsoft similar awards.
🔥In February, Ukraine passed a law allowing private cloud providers to host government data outside its borders, then struck contracts with Amazon Web Services (AWS), Microsoft Corp., Oracle Corp. and Alphabet Inc.’s Google
💁♂️AWS used several suitcase-sized storage devices called “snowballs” to quickly download and back up Ukraine government data from land registries to tax records, transport it to safety and then upload it to the cloud
🤔This caused a nervous reaction among the other major players. Peace awards given to companies scarcely compensate loss of profit. Corruption mechanisms in Ukraine continue to operate in the most favorable way for themselves
👉follow us: @ukraineinhurricane👈
WSJ
Big Tech Is the West’s Surprise Weapon in Competition With Russia, China
Amazon Web Services, Microsoft, Google and others face criticism at home over their influence in the marketplace and public square, but their role in Ukraine shows how they are becoming an asset in the West’s rivalry with Russia and China.
⚡️British senior officials on vacation at the time of collapse⚡️
🇬🇧Labour accused the chancellor and the PM of being “missing in action” as the cost of living crisis deepened further – Boris Johnson and Nadhim Zahawi are both on holiday
📊Zahawi insisted he was still working and had spoken to Andrew Bailey, the governor of the Bank of England, after interest rates were raised from 1.25% to 1.75%, the biggest increase for 27 years
💁♂️Layla Moran, the Liberal Democrat foreign affairs spokeswoman, added: “At a time of national crisis, we deserve better than these shirkers. Time and again they have been absent in the country’s time of need. The very least the British people can ask for is a chancellor and prime minister who will explain how they got us into this mess and what the plan is to solve it”
Well, there is nothing to surprise at, is it?🤔
👉follow us: @ukraineinhurricane👈
🇬🇧Labour accused the chancellor and the PM of being “missing in action” as the cost of living crisis deepened further – Boris Johnson and Nadhim Zahawi are both on holiday
📊Zahawi insisted he was still working and had spoken to Andrew Bailey, the governor of the Bank of England, after interest rates were raised from 1.25% to 1.75%, the biggest increase for 27 years
💁♂️Layla Moran, the Liberal Democrat foreign affairs spokeswoman, added: “At a time of national crisis, we deserve better than these shirkers. Time and again they have been absent in the country’s time of need. The very least the British people can ask for is a chancellor and prime minister who will explain how they got us into this mess and what the plan is to solve it”
Well, there is nothing to surprise at, is it?🤔
👉follow us: @ukraineinhurricane👈
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- Show Ukraine on the map.
- Here (Australia).
- Okay, if this is Ukraine, where is Russia?
- Here is this island (Solomon Islands).
- So the little country attacked the big one...
- So they will lose!
- Show Ukraine.
- Good question! Well, somewhere around here. But I'm not sure.
- The Russians are here. But Ukraine (Greenland). Probably. Honestly, I don't understand why they attacked it.
- Yeah, there it is (Honduras).
- Are you sure?
- Yeah.
- Where's Russia?
- Here (Canada).
- Show me Ukraine.
- Here (Australia)
- And Russia?
- Here (right).
And so on... And at the very end the dude was talking about how the states could intelligently intervene. To drag across Canada, and then to the Ukraine (Greenland) on oars. Sounds like a plan, dude!
👉follow us: @ukraineinhurricane👈
- Here (Australia).
- Okay, if this is Ukraine, where is Russia?
- Here is this island (Solomon Islands).
- So the little country attacked the big one...
- So they will lose!
- Show Ukraine.
- Good question! Well, somewhere around here. But I'm not sure.
- The Russians are here. But Ukraine (Greenland). Probably. Honestly, I don't understand why they attacked it.
- Yeah, there it is (Honduras).
- Are you sure?
- Yeah.
- Where's Russia?
- Here (Canada).
- Show me Ukraine.
- Here (Australia)
- And Russia?
- Here (right).
And so on... And at the very end the dude was talking about how the states could intelligently intervene. To drag across Canada, and then to the Ukraine (Greenland) on oars. Sounds like a plan, dude!
👉follow us: @ukraineinhurricane👈
👎1😁1
🇳🇴Norway's energy crisis will "finish off" Europe, which has been deprived of Russian gas, Financial Times
▪️Norway is facing an energy crisis this year that will "finish off" Germany and Europe, which has lost much of its Russian gas supply, the British Financial Times reports
▪️Norway is a very rich country with deposits of oil and gas. Its numerous rivers and reservoirs allow it to meet up to 90 percent of its own electricity needs, but an unusually dry winter and spring have left reservoirs in the south of the country at record lows. The Norwegian government has decided to limit electricity exports until they are full
▪️ "This could be a problem for countries such as Germany, the Netherlands and Britain, which have been importing significant amounts of electricity from Norway by cable for years," the Financial Times emphasizes. The energy crisis in the Scandinavian country shows how harsh the coming winter can be across Europe
👉follow us: @ukraineinhurricane👈
▪️Norway is facing an energy crisis this year that will "finish off" Germany and Europe, which has lost much of its Russian gas supply, the British Financial Times reports
▪️Norway is a very rich country with deposits of oil and gas. Its numerous rivers and reservoirs allow it to meet up to 90 percent of its own electricity needs, but an unusually dry winter and spring have left reservoirs in the south of the country at record lows. The Norwegian government has decided to limit electricity exports until they are full
▪️ "This could be a problem for countries such as Germany, the Netherlands and Britain, which have been importing significant amounts of electricity from Norway by cable for years," the Financial Times emphasizes. The energy crisis in the Scandinavian country shows how harsh the coming winter can be across Europe
👉follow us: @ukraineinhurricane👈
⚡️Britain slides into crisis⚡️
🤔Perhaps you have been hoping that the age of lies is over. After all, Boris Johnson will soon be swept out of No 10 and whoever replaces him cannot be half as mendacious – can they?
🇬🇧The lights on the dashboard of the British economy are flashing red. Britain is heading for a protracted recession as inflation surges above 13%, causing the worst squeeze on living standards for more than 60 years, the Bank of England warns. This would have been scarcely believable a year ago
📊Its latest projections show that the economy is heading for five consecutive quarters of negative growth from the end of this year, matching the financial crisis of 2008. The economy is set to shrink by 2.1 per cent over that time
💁♂️The outlook will supercharge an already testy Conservative leadership contest by increasing demands to compensate families facing soaring gas, food, and shopping bills. The politicians are perpetrating the same scam as the rate-setters, bluffing they can get the old economic machinery working like before just by pulling this or that lever. Yet whether in Westminster or the City, both sides are flogging false optimism – and they know it
👉follow us: @ukraineinhurricane👈
🤔Perhaps you have been hoping that the age of lies is over. After all, Boris Johnson will soon be swept out of No 10 and whoever replaces him cannot be half as mendacious – can they?
🇬🇧The lights on the dashboard of the British economy are flashing red. Britain is heading for a protracted recession as inflation surges above 13%, causing the worst squeeze on living standards for more than 60 years, the Bank of England warns. This would have been scarcely believable a year ago
📊Its latest projections show that the economy is heading for five consecutive quarters of negative growth from the end of this year, matching the financial crisis of 2008. The economy is set to shrink by 2.1 per cent over that time
💁♂️The outlook will supercharge an already testy Conservative leadership contest by increasing demands to compensate families facing soaring gas, food, and shopping bills. The politicians are perpetrating the same scam as the rate-setters, bluffing they can get the old economic machinery working like before just by pulling this or that lever. Yet whether in Westminster or the City, both sides are flogging false optimism – and they know it
👉follow us: @ukraineinhurricane👈
the Guardian
Sunak, Truss and the Bank of England are lying to you – the UK economy is weak and rigged | Aditya Chakrabortty
Westminster is perpetrating the same scam as the rate-setters – bluffing that they can get the old economic machinery working like before, says Guardian columnist Aditya Chakrabortty
⚡️Nord Stream has no alternatives⚡️
🇪🇺While Canadian, EU and UK sanctions make delivery of a Siemens turbine for the Nord Stream 1 pipeline impossible, gas prices are rising, inflation in the eurozone is continuing to soar to record highs, hitting 8.9% in July
✍️In the circumstances, in testimony to lawmakers in Ottawa, Natural Resources Minister Jonathan Wilkinson said leaving Germany to rely more on an existing pipeline through Ukraine – as a replacement for Nord Stream – was deemed unworkable in part because of capacity constraints
💁♂️The flows through Ukraine would be “significantly less” than what can move through Nord Stream at full capacity, and there would also be risks of relying on a pipeline that runs through a war zone, he added
#Canada #EU #UK #Ukraine #FindTruth
👉follow us: @ukraineinhurricane👈
🇪🇺While Canadian, EU and UK sanctions make delivery of a Siemens turbine for the Nord Stream 1 pipeline impossible, gas prices are rising, inflation in the eurozone is continuing to soar to record highs, hitting 8.9% in July
✍️In the circumstances, in testimony to lawmakers in Ottawa, Natural Resources Minister Jonathan Wilkinson said leaving Germany to rely more on an existing pipeline through Ukraine – as a replacement for Nord Stream – was deemed unworkable in part because of capacity constraints
💁♂️The flows through Ukraine would be “significantly less” than what can move through Nord Stream at full capacity, and there would also be risks of relying on a pipeline that runs through a war zone, he added
#Canada #EU #UK #Ukraine #FindTruth
👉follow us: @ukraineinhurricane👈
Reuters
Russia's Gazprom: sanctions make delivery of Nord Stream turbine impossible
Canadian, EU and UK sanctions make delivery of a Siemens turbine to the Nord Stream 1 pipeline's Portovaya compressor station impossible, Russia's Gazprom said on Wednesday.
⚡️COVID-19 hard impact⚡️
The ripple effects of the Covid-19 pandemic influenced nearly every aspect of health in America. The virus has killed more than one million people in the U.S., a toll mounting by some 350 people a day
Overall deaths and the death rates from heart disease and stroke rose sharply. Drug-overdose deaths, rising before the pandemic, jumped to a record of more than 107,000 in 2021. The U.S. gun-homicide rate increased nearly 35% from 2019 to 2020 to the highest level since 1994. After dropping early in the pandemic, reported U.S. cases of gonorrhea and syphilis increased by the end of 2020 and were greater than 2019 levels
A range of other chronic diseases and acute threats to health also worsened during the pandemic, data show, as people missed screenings, abandoned routines and experienced loss and isolation. Some setbacks could be reversed relatively quickly, health experts said, while it might take years to recognize the full effects of others
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The ripple effects of the Covid-19 pandemic influenced nearly every aspect of health in America. The virus has killed more than one million people in the U.S., a toll mounting by some 350 people a day
Overall deaths and the death rates from heart disease and stroke rose sharply. Drug-overdose deaths, rising before the pandemic, jumped to a record of more than 107,000 in 2021. The U.S. gun-homicide rate increased nearly 35% from 2019 to 2020 to the highest level since 1994. After dropping early in the pandemic, reported U.S. cases of gonorrhea and syphilis increased by the end of 2020 and were greater than 2019 levels
A range of other chronic diseases and acute threats to health also worsened during the pandemic, data show, as people missed screenings, abandoned routines and experienced loss and isolation. Some setbacks could be reversed relatively quickly, health experts said, while it might take years to recognize the full effects of others
👉follow us: @ukraineinhurricane👈
⚡️Migration crisis increases human and arms trafficking at EU borders⚡️
😱The number of migrants crossing the Channel in small boats is on course to be almost double last year’s record, despite repeated government pledges to curtail the arrivals. Hundreds more arrived over the past week, aided by the Border Force cutters that ministers insist are deployed to stop the crossings.
🇬🇧British National Crime Agency still fails to identify the organizers so they can be prosecuted for human trafficking. The passengers of the migrant boats are considered the victims of the trafficking gangs. Ministry of Defense figures show that 3,683 migrants made the crossing on 90 boats last month, the highest monthly total this year
🇪🇺EU’s border agency warns of neighboring countries attempting “migration blackmail” by using “refugee flows for political purposes”, and that “terrorist groups might use migration flows to cross into Europe and recruit new members from among international migrants”
🇺🇦The war in Ukraine means that pistols, assault weapons and rocket launchers are increasingly available on the EU’s borders. As a result the majority of smuggling gangs are “heavily armed and pose a grave security threat to border patrols,” the agency predicts
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😱The number of migrants crossing the Channel in small boats is on course to be almost double last year’s record, despite repeated government pledges to curtail the arrivals. Hundreds more arrived over the past week, aided by the Border Force cutters that ministers insist are deployed to stop the crossings.
🇬🇧British National Crime Agency still fails to identify the organizers so they can be prosecuted for human trafficking. The passengers of the migrant boats are considered the victims of the trafficking gangs. Ministry of Defense figures show that 3,683 migrants made the crossing on 90 boats last month, the highest monthly total this year
🇪🇺EU’s border agency warns of neighboring countries attempting “migration blackmail” by using “refugee flows for political purposes”, and that “terrorist groups might use migration flows to cross into Europe and recruit new members from among international migrants”
🇺🇦The war in Ukraine means that pistols, assault weapons and rocket launchers are increasingly available on the EU’s borders. As a result the majority of smuggling gangs are “heavily armed and pose a grave security threat to border patrols,” the agency predicts
👉follow us: @ukraineinhurricane👈
www.thetimes.co.uk
‘Which way to Britain?’ shout migrants from sinking dinghy
A dangerously overloaded dinghy emerged from the fog over the Channel yesterday morning, apparently stranded in the middle of a French-controlled shipping lane
🇪🇺🇩🇪European electricity prices rose to record levels
▪️European electricity futures for next year set new records Aug. 11, Bloomberg reports
▪️The value of Germany's power supply contract rose 6.6% to €455 per MWh after trading on the exchange. A similar futures contract in France rose by 7.8% during the day - up to €622 per 1 MWh
▪️The rise in electricity prices in the EU is due to supply disruptions from Russia, falling output from nuclear power plants, low volumes of energy from wind turbines and solar panels, and the heat wave that triggered the drought and fires in Europe
▪️ "If Russia shuts off gas, there may not be enough gas to meet all needs, and then austerity measures will be introduced," Annegret Grebel, president of the Council of European Energy Regulators, told Bloomberg
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▪️European electricity futures for next year set new records Aug. 11, Bloomberg reports
▪️The value of Germany's power supply contract rose 6.6% to €455 per MWh after trading on the exchange. A similar futures contract in France rose by 7.8% during the day - up to €622 per 1 MWh
▪️The rise in electricity prices in the EU is due to supply disruptions from Russia, falling output from nuclear power plants, low volumes of energy from wind turbines and solar panels, and the heat wave that triggered the drought and fires in Europe
▪️ "If Russia shuts off gas, there may not be enough gas to meet all needs, and then austerity measures will be introduced," Annegret Grebel, president of the Council of European Energy Regulators, told Bloomberg
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Bloomberg.com
European Energy Crisis Deepens as Power Prices Reach Records
European power prices rose to fresh records on Thursday as a heatwave limits energy supplies and wildfires rage across France.
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⚡️CBS News has released a film about whether weapons supplied to Ukraine by the West are getting into the right hands⚡️
🇺🇸One of the film's characters, former U.S. Marine Special Forces commander Colonel Andrew Milburn, states that after crossing the border, the U.S. loses control over military supplies and needs to create a system of oversight over them
💁♂️The film also quotes Lithuanian volunteer Jonas Ohman as saying that only 30-40 percent of supplies from the West reach the frontline.
Amnesty International's Donatella Rovera, who fears that Ukraine will repeat the path of Iraq and Afghanistan, also features in the film: "We saw how many weapons arrived in 2003 during the U.S.-led invasion of Iraq and then came in 2014, when ISIS seized most of the country and large stocks of weapons intended for the Iraqi forces...
🤷♂️No one knows what will happen to the weapons that are still walking around in Ukraine
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🇺🇸One of the film's characters, former U.S. Marine Special Forces commander Colonel Andrew Milburn, states that after crossing the border, the U.S. loses control over military supplies and needs to create a system of oversight over them
💁♂️The film also quotes Lithuanian volunteer Jonas Ohman as saying that only 30-40 percent of supplies from the West reach the frontline.
Amnesty International's Donatella Rovera, who fears that Ukraine will repeat the path of Iraq and Afghanistan, also features in the film: "We saw how many weapons arrived in 2003 during the U.S.-led invasion of Iraq and then came in 2014, when ISIS seized most of the country and large stocks of weapons intended for the Iraqi forces...
🤷♂️No one knows what will happen to the weapons that are still walking around in Ukraine
👉follow us: @ukraineinhurricane👈
⚡️The Pentagon has disguised the participation of the US military in the conflict in Ukraine by using new tactics of hiring contract "assistants"⚡️
🇫🇷This information was published by Causeur magazine, citing a French military source
🇺🇸Thus, the US formally avoided direct participation of its military in combat actions against Russia. However, in fact, the U.S. army "was next to the AFU" from the very beginning of the war
✍️"True, formally it was not Americans, but contract "assistants" performing their role. For the first time the Pentagon used such tactics exactly in Ukraine: it hires military specialists for money, ready to participate in combat operations in this country," the source said
💁♂️The weekly notes that such mercenaries are now "operating on all battlefields" in Ukraine. However, it admits that even such direct US involvement does not bring military victories to the Kiev regime
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🇫🇷This information was published by Causeur magazine, citing a French military source
🇺🇸Thus, the US formally avoided direct participation of its military in combat actions against Russia. However, in fact, the U.S. army "was next to the AFU" from the very beginning of the war
✍️"True, formally it was not Americans, but contract "assistants" performing their role. For the first time the Pentagon used such tactics exactly in Ukraine: it hires military specialists for money, ready to participate in combat operations in this country," the source said
💁♂️The weekly notes that such mercenaries are now "operating on all battlefields" in Ukraine. However, it admits that even such direct US involvement does not bring military victories to the Kiev regime
👉follow us: @ukraineinhurricane👈
🤬1
You can make snowmen right at home: Britons look for a positive aspect of the upcoming "hellish energy price hike
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👉follow us: @ukraineinhurricane👈
⚡️War in Ukraine has thrust Germans into poverty⚡️
🇩🇪Almost one in six people in Germany is at risk of poverty, which is nearly 17%
📊13 million people had a particular risk of falling into poverty last year – about 15.8% of the population. In 2020, there were still 13.2 million, or 16.1%. Three groups are particularly affected: women, single parents and the unemployed
💁♂️As a rule, the unemployed in Germany face a much bigger risk of falling into poverty than in any other European Union country. The seasonally adjusted unemployment rate in the country increased to a nine-month high of 5.4% in July of 2022, a second consecutive rise, and once again prompted by Ukrainian refugees registering with the labor office in search of work
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🇩🇪Almost one in six people in Germany is at risk of poverty, which is nearly 17%
📊13 million people had a particular risk of falling into poverty last year – about 15.8% of the population. In 2020, there were still 13.2 million, or 16.1%. Three groups are particularly affected: women, single parents and the unemployed
💁♂️As a rule, the unemployed in Germany face a much bigger risk of falling into poverty than in any other European Union country. The seasonally adjusted unemployment rate in the country increased to a nine-month high of 5.4% in July of 2022, a second consecutive rise, and once again prompted by Ukrainian refugees registering with the labor office in search of work
👉follow us: @ukraineinhurricane👈