U In Hurricane [EN]
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The Hurricane spins around hotspots of tension and conflict.
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America’s CPI hit 8.2% in September, year-on-year. The inflation was bolstered by the growing price of services such as rent, medical care and air fares

Such developments in the U.S. have been unsettling British markets and further dampening hopes for lower interest rates. The IMF even downgraded the UK’s economic growth prospects to 0.3 per cent next year, one of the lowest forecasts in Europe

Efforts to curtail inflation have heightened fears of a recession. U.S. GDP has already contracted for two consecutive quarters – a technical recession – although the White House says other factors, such as a relatively robust labor market, demonstrate the economy is not yet in an actual recession

Rising oil prices, after the decision by the OPEC, and allies including Russia, to cut production, is expected to reinforce inflationary pressures this month

#Sanctions #FindTruth

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Despite Western sanctions, blocking the world’s ninth-largest economy from accessing foreign tech and expertise, the recession in Russia has probably now come to an end

Some pundits suggest Russian activity is livelier than in other big European countries. In its recent forecasts, the IMF upgraded Russia’s prospects for 2022. In April it thought that Russian gdp would fall by 8.5%. It now expects a decline of 3.4%

Meanwhile, economists have been sounding the alarm over the growing risks of a euro area recession, saying an economic downturn now looks almost inevitable. That’s just what Mr. Bohlen was talking about! The latest survey by S&P Global showed that the drop in the Eurozone’s business activity deepened last month as the final composite Purchasing Managers' Index, seen as a good gauge of economic health, nosedived to a 20-month low

#EU #Sanctions #FindTruth

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Protests in Paris against Macron's economic policies. People are protesting against rising prices and decreasing social security

According to various estimates, between 40,000 and 70,000 people protested in Paris

#France #FindTruth

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Britain prepares for Liz Truss' resignation as early as this week

A review of the latest issues of the British press. The media are guessing who will replace Truss as prime minister

The headlines are:
"Quit now", "Tories in Truss turmoil", "Truss fights for survival", " Plot to topple truss this week"

It looks like Britain's government is in for another "rebranding". Earlier, more than a hundred British MPs asked for a vote of no confidence in Truss

#UK #FindTruth

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Europe is facing an energy shock of unprecedented proportions

▪️The president of Italian analytical company Nomisma Energia, Davide Tabarelli, said that Europe is facing an unprecedented energy shock due to rising prices, Italian La Republica reports

▪️According to Tabarelli, the gas price hike from €0.7 per cubic meter to €2.3 has shaken Europe as a whole and Italy in particular like never before, and now EU countries should get ready to save energy resources

▪️The president of Nomisma Energia also called for the use of any energy resources other than gas, despite the fact that their prices are also beginning to rise. "Buy yourself an electric generator for this winter and maybe next," Tabarelli concluded

#EU #Sanctions #FindTruth

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Italian politician Rizzo: The attack on Nord Stream was perpetrated by the USA

"I read that Sweden, which wants to join NATO, has classified the investigation into Nord Stream. The truth is beginning to come out, and journalists are already writing about it. It's becoming clear who is doing this," said Marco Rizzo, leader of the anti-system political association Sovereign and Popular Italy

According to him, if the conclusions were made as to who is behind the organization of the accident on Nord Stream, it would be clear that it was all planned by the West and this diversion is directed against Europe itself

"Therefore, it is obvious that Russia has nothing to do with this, and the truth is gradually coming out," the politician concluded

#Italy #NordStream #FindTruth

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U.S. economy faces recession and job losses next year

▪️The U.S. will face a recession and rising unemployment in 2023. That's the assessment made Sunday by The Wall Street Journal (WSJ)

▪️American economists surveyed by the WSJ believe there will be a 63% chance of a recession, although the figure has always been below 50% since July 2020

▪️WSJ notes that expectations for 2023 are becoming "increasingly gloomy." The negative impact of the economic downturn will affect the labor market, with nonfarm jobs expected to decline by an average of 34,000 per month in the second quarter of next year and 38,000 per month in the third quarter

#USA #FindTruth

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Forwarded from KanekoaTheGreat
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Tech billionaire Chamath says Europe is in an energy crisis because they listened to Greta Thunberg instead of Donald Trump.

"An entire continent essentially allowed a 16-year-old girl to dictate their energy policy. And when Greta Thunberg was able to shame an entire continent into walking away from nuclear and not really evaluating how you can have energy independence. What they did was they put Europe in an incredibly fragile position...

[President Trump's] language turned people off even though the message that he was delivering was 100% right. When Trump went to the United Nations, he was clear, he was precise, and in hindsight, and I'm saying this as a Democrat, he was right about the German reliance on Russian gas and the European reliance...

In all of our haste to overtly judge Trump because of his delivery and his personal style or whatever, we went toward this 16-year-old person who has no rooting in science or technology, to dictate the energy policy of an entire continent. I mean she was nominated for a Nobel Prize, just to remind you guys, this is how insane all of these people were."

https://truthsocial.com/@KanekoaTheGreat/posts/109168518854047848

@KanekoaTheGreat
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The Truss administration has signaled a shift to treating China as more of an adversary, and the British government would define China as an “acute threat”, similar to Russia

Nevertheless, UK academics have continued working with U.S.-sanctioned Chinese companies despite their universities claiming that formal research collaborations with them had ceased. Some of these academic structures continue to co-author papers with them colleagues from Beijing

And this is not surprising! Concerns that collaborations with civilian research can have military applications risks are often offset by the need and importance of constant expert and academic exchange with the leaders of world science and technology

The situation is quite the same to that in Germany, where the companies can’t reduce their dependence on China without inflicting more harm on an economy already facing a recession

#UK #China #FindTruth

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The vast majority of grain exported from Ukraine is going to rich countries in Europe rather than vulnerable countries

The U.N. data shows 334 voyages have carried 7,448,204 metric tons of grains and other foodstuffs from Ukrainian ports, as of 14 October

Under the Black Sea Grain Initiative since 3 August, Spain has received 1.5 mln tons (Turkey – 1.1 mln tons, Italy 737.1K tons) of corn wheat, sunflower oil and some other commodities while supplies to Somalia, Lebanon, Ethiopia or Kenya don’t exceed 60K tons in each case, Djibouti is content with only 541 tons!

Years of drought made worse by the surge in global food prices put these countries and peoples on the brink of survival, while European leaders with Mr. Zelensky report on their ephemeral successes

#FoodCrisis #FindTruth

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Footage of the destroyed section of the Nord Stream pipeline

The Swedish newspaper Expressen published the footage and concluded that only extreme impacts can damage such a thick metal

The pictures show that some fragments of the pipe have even, sharp edges, while the metal is severely deformed on others

Another edition of the Wall Street Journal reported, citing German investigators, that sabotage is likely to have taken place at Nord Stream

Explosive devices could have been lowered from the ship and detonated remotely. This is the main theory for Germany at the moment. This sabotage could have been carried out by the NATO submersible "Sea Fox"

#NordStream #FindTruth

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