Milan Blackouts: EU’s Green Utopia Crashes into Reality

For five days in a row, from June 15 to 19, the city of Milan suffered prolonged blackouts, reaching up to ten hours in several districts, and hitting offices, shops and households, with ice cream melting and thousands of cell phones left uncharged. Whereas the provider, Unareti, attributed the cause of the blackouts to the increased demand of air conditioning […]

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The EU’s Energy Policy That Kills: The Case of Romania

The European Union’s Green Deal and its predecessors have had devastating effects on Eastern European countries in particular, in respect both to the phase out of coal mining and to the requirement for all power plants to purchase “carbon certificates” to compensate for the amount of CO2 their production emits. In fact, under the so-called Emissions Trading Scheme (ETS), which […]

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With a New Iranian President, What May or May Not Change?

Ebrahim Raisi, the hardline chief of Iran’s judiciary and close collaborator of Supreme Leader Ali Khamenei, was declared the winner of Iran’s presidential election on June 19. He was congratulated by the other three candidates – Mohsen Rezaei, Abdolnaser Hemmati and Amir-Hossein Ghazizadeh – even before the official result was announced. According to the Iranian news agency IRNA, the turnout […]

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Western Summit Promotes Green Swindle to Counter China’s Belt and Road

The two major points served up in the final communique of the G7 relate to economic/environmental policy and strategic issues: promotion of a “Clean Green Initiative” to counter China’s Belt-and-Road Initiative (BRI); and a strategic alliance to counter the “malign intent” of China and Russia, accused of using cyber-warfare and military threats, among other weapons, to disrupt the democracies. The […]

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On the Sidelines of the G7 Summit…

The House of Windsor Pushes Green Finance. The G7 summit in Cornwall, England, provided a useful venue for senior members of the Royal Family, including the Queen, to put in a highly mediatized appearance on June 11, and for Prince Charles to seek a private meeting with President Joe Biden, as well as to organize an event at his Eden […]

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Commodity Prices and Inflation: It’s Not China, but BlackRock

On June 11, the U.S. Bureau of Labor Statistics published data showing the highest inflation rate since 2008. The Consumer Price Index rose at an annual rate of 5% in May, up from 4.2% in April, reflecting a continuous rise of commodity and food prices driven by financial speculation. Global food prices rose for the 12th month in a row […]

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A Precedent for Europe? Switzerland Votes Down CO2 Act

In a referendum held on June 13, Swiss citizens voted down the country’s new climate law, the “CO2 Act” with a 51.5% majority. The law, by imposing higher taxes and fees on use of fossil fuels, would have caused a steep rise in the cost of living, which is already high in the country, as everyone would be affected by […]

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A British Command Center Set Up to Mobilize Europe Against China

An apparatus built up by the British and the Americans since the beginning of 2020 around the phony issue of Beijing’s alleged violations of the rights of the Uighur minority in Xinjiang has been pushing hard to get the Europeans to join their anti- China policy. These are the forces and organizations that are responsible for sabotaging the Comprehensive Agreement […]

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