marketcrash
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Europe
12/06/2024
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By News Editors
Europe is again on the brink of financial Armageddon. This time it may not step back
How they laughed when Britain’s hard-won reputation for pragmatic and stable government descended into chaos in the aftermath of the vote for Brexit. (Article by Jeremy Warner republished from Telegraph.co.uk) How they gloated and delighted in saying “told you so” when Liz Truss threw caution to the wind and in an act of breath-taking recklessness […]
10/10/2024
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By Richard Brown
German industrial orders plummet 5.8%, casting doubts on economic recovery
German industrial orders fell significantly more than anticipated in August, raising concerns about the manufacturing sector’s recovery in Europe’s largest economy. The federal statistics office reported a 5.8 percent decline in orders compared to the previous month, adjusted for seasonal and calendar variations. Analysts surveyed by Reuters had predicted a more moderate decrease of 2.0 […]
09/06/2024
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By Ethan Huff
Volkswagen to close production plants in Germany as Europe’s industrial collapse accelerates
One of the world’s most iconic automobile brands is on shaky ground as the global economy teeters on the brink. Volkswagen, we are told, may have to close down several of its production plants in Germany due to falling profits. Consumers in China and other major markets simply are not buying cars like they once […]
07/04/2024
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By Zoey Sky
Russia overtakes U.S. as Europe’s primary gas supplier despite ongoing sanctions
Sanctions have failed to stop Russia from overtaking the United States as Europe’s primary gas supplier. Even with the continent’s efforts to reduce its reliance on Russian fossil fuel resources since the beginning of the conflict, reports have revealed that Europe’s gas imports from Russia surpassed those from the U.S. in May. (Related: Russian central bank governor: […]
05/02/2024
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By Richard Brown
Russian central bank governor: Western seizure of frozen assets won’t affect Russia’s financial stability
Central Bank of Russia Gov. Elvira Nabiullina in a statement assured people that Russia would remain financially stable even if the United States and its allies were to seize its frozen assets overseas. The U.S. and its allies have frozen approximately $300 billion worth of assets belonging to the Russian central bank as part of […]
04/22/2024
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By News Editors
EU elites promised a prosperous green future. This could be their undoing
Lenin famously defined communism as Soviet power plus electrification of the whole country. In other words, the ideological project of building communism was supplemented by the technocratic project of electrification, the latter being an important source of legitimacy for the new regime. (Article by Henry Johnston republished from RT.com) The present-day European Union is engaged […]
03/13/2024
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By Ethan Huff
EU shifting to WAR ECONOMY mode in bid to boost arms industry
To keep failing Western economies afloat, the European Commission (EC) wants to shift Europe into “war economy mode,” which will boost the arms industry to keep corporate profits flowing. In a proposal to European Union (EU) leaders, European industry commissioner Thierry Breton laid out a plan to buy more weapons from European arms manufacturers to […]
02/28/2024
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By Kevin Hughes
Angry farmers surround EU headquarters in raging protest against “green” policies
The war against the climate change scam and its so-called “green” policies continues to rage in Europe. The stench of manure, melting tires and foul-smelling teargas spread through downtown Brussels on Monday morning, Feb. 26, as furious farmers surrounded the European Union’s headquarters. (Related: EU farmers push back against green agenda: “Why does Brussels hate us?”) The […]
02/27/2024
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By Laura Harris
Thousands of European farmers are still protesting the EU’s anti-farmer regulations
Thousands of farmers across Europe are still protesting against the European Union’s destructive agricultural policies and climate regulations, soaring production costs and cheap imports from countries with less stringent rules. The farmers, who came from Belgium, the Czech Republic, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Romania, Slovakia and Spain, have been demonstrating from all over […]
02/14/2024
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By Arsenio Toledo
Crisis in American banking sends jitters across Europe’s banking sector, increasing risk of BANK DEFAULTS
Europe’s banking sector is concerned as financial instability in the United States is increasing the risk of banks defaulting in the continent. Back in late November 2023, the European Central Bank warned that the balance sheets of banks in the eurozone – the currency union of 20 European Union states who all use the euro […]
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