The United States is no longer a reliable country. For some, this is nothing new. The Iraq War, launched in 2003 – resulting in over 100,000 deaths, lasting regional destabilization, and the return of Russian influence – had already shown the world the wrondoings of American military hubris. But the current crisis is new because it challenges the very core of the country’s economic, financial, and political power. The US appears disoriented, led by an unstable and erratic leader with no democratic counterweight.
Economics
Chris Dillow: House prices: who wins, who loses
Of course, house prices are a deeply political issue. But let’s be clear what the division of interests is. It is not young versus old, but rentiers versus the rest of us. Read Here Photo: […]
Economics
Eurostat: Industrial Production down by 1.7% in the euro area and by 0.4% in the EU compared with December 2021
Among Member States for which data are available, the largest monthly decreases were registered inIreland (–8.5%), Luxembourg (–5.2%) and Lithuania (–4.0%). The highest increases were observed inDenmark (+13.5%), Portugal (+4.1%) and Hungary (+3.8%) Read HERE
Energy
Balkan Green Energy News: Europe is facing energy crisis in winter because of Ukraine
About half of Ukraine’s power generation capacity isn’t in operation, according to the International Energy Agency (IEA), so the country has turned from a net exporter of electricity to an importer. Read HERE Photo: State […]
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