The European Union (EU) is prepared to provide Ukraine with €50 billion ($53.4 billion) in aid, even if Hungary continues to veto it, as per sources within the EU, reported by Reuters on Friday. The European Commission has put forth a proposal to offer Ukraine additional grants and loans to assist in its ongoing conflict with Russia. However, this proposal faced vetoes from Hungary and Slovakia... 

The U.S. Treasury Department made a sobering announcement on Monday, revealing that the nation’s debt has soared to a staggering $33 trillion. This financial milestone arrives amid the backdrop of intense political negotiations over government spending in the nation’s capital, shedding light on the intricate web of fiscal, political, and economic challenges facing the United States. The... 

In retrospect, it’s surprising that it took so long. With Case-Shiller reporting that the nation’s worst-by-far (not to mention feces-covered) real-estate market is that of San Francisco, where prices have seen annual declines for the past 8 months, half of which have seen double-digit drops… …overnight RedFin reports more bad news for those unlucky enough to be living in the socialist... 

Europe is unavoidably heading towards a triple crisis, German publicist Thomas Fasbender told Preussische Allgemeine in an interview on the occasion of the publication of his new book, “The eerie century” (Das unheimliche Jahrhundert). The subtitle of the book, “Before the turning point,” is a direct quote of an expression taken from Chancellor Olaf Scholz’s special address to the Bundestag... 

The German economy has now entered a recession, reports CNBC. GDP fell 0.3 percent in the first quarter of this year after a 0.5 percent decline in the final quarter of 2022. In a formal sense, the new figures mean a recession, as two consecutive quarters of negative growth are technically used to define a recession. Inflation, the war in Ukraine and sanctions against Russia have put the German economy... 

After closing its last three nuclear plants, Germany continues to heavily rely on French power generated from nuclear plants. In recent years, German system operators have very often instructed some large industrial consumers to reduce or completely stop their consumption during certain periods in order to guarantee system balance, nuclear energy expert Zsolt Hárfás told Hungarian newspaper Magyar... 

Argentina is in a very difficult economic situation with inflation over 100 percent in March and a currency, the peso, plummeting in value against the dollar. The country’s central bank recently raised its key interest rate to 91 percent, which is the highest level in over 30 years, reports TT. This has created great difficulties for Argentine borrowers. Restaurant owners in Buenos Aires have... 

The demise of the West, planned by our globalist leaders as a means of further empowering themselves as kings and queens, is continuing apace amid a new war in Europe and now, rationing of vegetables in the United Kingdom. “The past few days have seen certain fruits and vegetables ‘rationed’ by major UK supermarkets,” writes Kit Knightly at Off Guardian this week, going on to list several... 

Bill Gates’ synthetic meat industry is teetering on the brink of financial collapse as consumers continue to reject fake meat, with major companies announcing massive layoffs after experiencing plummeting sales. The people have spoken and they are demanding real meat. Fake meat products like Beyond Meat and Impossible Foods, both heavily backed by Bill Gates, advertise their products as healthy... 

Millions of households and businesses will be paid to cut back their electricity usage between 5pm and 6pm today to prevent blackouts on one of the coldest days of the year amid warnings energy supplies will be ‘tighter than normal’. The National Grid said it would be activating its Demand Flexibility Service (DFS) this evening with 26 major energy suppliers such as British Gas, EDF, Eon and Octopus... 

Global electronics manufacturing giant Samsung’s operating profits dropped by 69 percent in the fourth quarter of 2022. The downturn reduced Samsung’s operating profit to $3.4 billion in the quarter that ended in Dec. 2022. The company has cited the diminished demand for electronics products and semiconductors resulting from the slowing global economy as the main cause of the drop. “Amid continued... 

The Walt Disney Co. saw $123 billion of its market value evaporate in 2022 as its stock dropped 44 percent amid profitability concerns, CEO musical chairs, and a suicidal embrace of woke identity politics. Not even Avatar: The Way of Water could lift the studio’s financial outlook as investors brace for what looks to be a turbulent several months ahead. Disney’s abysmal 2022 represents its worst... 

In a federal complaint submitted on Tuesday, United States Virgin Islands Attorney General Denise George stated that financial behemoth J.P. Morgan Chase “turned a blind eye” to evidence of Jeffrey Epstein’s alleged sex trafficking enterprise. According to information and belief, JP Morgan ignored signs of human trafficking for more than ten years due to Epstein’s personal... 

As part of its strategy to reduce its reliance on Russian energy, the European Union lowered its natural gas consumption by 20.1% from August to November compared to the same months in 2017–2021, the European Statistical Office (Eurostat) said on Tuesday. In comparison to the average gas consumption for the same months (August to November) between 2017 and 2021, the EU’s natural gas consumption... 

In response to a data breach that exposed the personal information of more than 500 million Facebook users, Ireland’s Data Protection Commission (DPC) fined Meta $275 million on Monday. The Irish authority, tasked with upholding EU privacy legislation, has fined Meta more than $945 million since last October. The DPC announced the fine in a statement, noting that between May 2018 and September...