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Russia Cuts Off All Gas to Germany

Russia has closed the major Nord Stream 1 gas pipeline to Germany claiming it is off for 3 days for maintenance due to turbine issues. Europe and the U.S. dispute those claims and have accused Putin of “weaponizing” energy. I fail to understand the logic of what is going through the minds of Western leaders. […]

Market Talk – September 6, 2022

ASIA: India’s dominant services industry grew faster than expected in August thanks to a solid expansion in demand and a continued easing in cost pressures, encouraging firms to hire at the quickest pace in more than 14 years, a private survey showed. Driven by strong growth in services and manufacturing activity, Asia’s third-largest economy expanded […]

Liz Truss Becomes PM – Dark Day for Britain

Liz Truss has been made Prime Minister of Britain. This was expected, but also the darkest day possible for Britain. Previously, UK Defence Secretary Ben Wallace had backed Liz Truss’ view that Russian forces must be pushed out of “the whole of Ukraine” – and suggested this should include Crimea. Even the Guardian at the time had […]

Germans Stockpiling Firewood

We are quickly reverting back to the Dark Ages. Cooking and keeping warm with fossil fuels may become a luxury as the energy crisis spreads across the West. Reports are growing from Germany that people are stockpiling firewood before the winter season. Google search results for “brennholz” (firewood) peaked this August in Germany as their […]

UK Energy Bills Expected to Rise 80% in October

The entire West will face higher energy prices due to climate initiatives and Russian sanctions. The British energy regulator Ofgem released a troubling report citing that the average household will pay $4,200 on energy over the next year, compared to the current $2,330 annual average. The UK raised its energy price cap in April by […]

CBO Confirms Inflation Reduction Act Will Target Everyone

The Congressional Budget Office (CBO) conducted a study that proves claims that the middle class will not face tax increases under the Inflation Reduction Act are unfounded. This comes after the CBO said that the act would have little if no impact on inflation. Treasury Secretary Janet Yellen urged the IRS not to target the […]

Taiwan to Destroy Chinese Drones

The video above has gone viral, depicting Taiwanese soldiers throwing rocks at drones believed to be sent by China. Reports are circulating that Taiwan also allowed store-bought civilian drones to enter its airspace, which leaves many to wonder how they can compete against China’s military surveillance. Backed by the US, Taiwan is beginning to push […]

Does the US Want War with China?

China does not want a war with the US. The US, however, is continually provoking China by using Taiwan as its scapegoat. The US Navy announced that two warships will be traveling through the Taiwan Strait. The reasoning? The military aims to demonstrate freedom of movement through international waters. In other words, they deliberately want […]

Market Talk – August 29, 2022

ASIA: Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages due to heatwaves threatened production. Profits at China’s industrial firms fell 1.1% in January-July from a year earlier, wiping out the 1.0% growth logged during the first six months, […]

Ukrainians Forbidden From Accepting Russian Aid

Ukrainians are not permitted to accept any humanitarian relief from Russian agencies. Civilians in a war zone could face life imprisonment for accepting relief, including food. Ministry of Internal Affairs Alyona Matveeva said each case would be analyzed separately. “For example, if a person called to support the military of the Russian Federation or provided […]