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Yellow Vest rallies target govt, not gas prices
The fiery Yellow Vest protests that rage on across France have more to do with the “incompetent,” EU-dependent government policy than the rising gas prices, a French political commentator told RT.
While many protesters vent their anger at President Emmanuel Macron, who took an unpopular decision to raise taxes and increase prices on fuel and other commodities, “they don’t realize the problem...
Macron begins shutting down Nuclear Power Plants rising electricity prices
French President Emmanuel Macron has said the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy.
Amid daily protests about high energy prices, Mr Macron said France will shut down 14 nuclear reactors by 2035 out of 58 now in order.
He said France would cap the amount of electricity it derives from nuclear plants at 50 per cent by 2035, which is...
France government to 1 million protesters: "WE HEAR YOU, WE JUST DON'T CARE!"
There are lots of happenings in France at the moment. President Macron, already in the dumpster of approval ratings, in what appears to be an attempt to sink yet lower, has imposed a tax hike on already rising diesel prices in France.
The French people are outraged and on Saturday, began their ‘Yellow Vest’ protests. Quite possibly one of the largest protests to date as it’s estimated that 300,000...
UN Regulation to push Oil to $200 & trigger Global Economic Collapse
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
A research paper from economist and oil market watcher Philip K. Verleger predicts there could be a shortage of low-sulfur diesel fuel in 2020 as a result of regulations from the International Maritime Organization (IMO) aimed at cutting...
Trump’s Energy Policies Result in Lower Prices at the Pump and Inflation Dropping to 1.6%
According to the US Bureau of Labor Statistics the US inflation rate decreased to an eight month low in June to 1.6%.
Joana Taborda at Trading Economics wrote:
Consumer prices in the United States increased 1.6 percent year-on-year in June of 2017, below 1.9 percent in May and compared to market expectations of 1.7 percent. It is the lowest inflation rate since October of 2016 due to a 0.4 percent...
Riyadh Reduced Oil Prices to Hurt Russia, Iran
By reducing oil prices, Saudi Arabia is waging a secret war against Russia and Iran, according to political analyst Bassam Tahhan.
In an interview with RT, political analyst Bassam Tahhan said that Saudi Arabia and the other countries of the Gulf Cooperation Council are trying to force down oil prices in order to harm Iran and a number of other oil-producing countries, including Russia.
“A secret...
Brazil's inflation at 12-year high
Brazil’s inflation climbed above 10 percent in November reaching the highest level in 12 years.
Brazil’s inflation climbed above 10 percent in November reaching the highest level in 12 years, the government announced on Wednesday.
Consumer prices over the past month stood at 10.48 percent – a figure that was above expectations and could force tighter monetary policy despite a severe recession.
The...
Why Black Friday is a Complete Scam
Black Friday is a complete scam based around the manifestly provable hoax that consumers are getting huge discounts on products that would normally be more expensive at any other time of year.
In reality, stores enjoy higher profit margins during the holiday period because retailers artificially inflate prices of goods in the months before Black Friday in order to make the subsequent discounts look...
Medical treatment is becoming unaffordable for Ukrainians
A visit to a pharmacy is like a tour to a museum for many Ukrainians now. They rather come to check out the price tags than to buy anything. Pensioners, the biggest clients of pharmacies, have been suffering the most.
The hryvnia has seen 40-percent devaluation over the last month and an 11 percent tax has been levied on almost all imported goods. This has forced many Ukrainians to do without any...
UK gas prices plunge to record low after Russia-Ukraine deal
UK gas prices plunged to a record low on Friday following a newly signed deal between Russia, Ukraine and the European Commission. However, fuel poverty remains rife in Britain, with 2 million households unable to afford adequate heating.
The newly brokered gas agreement, signed on Thursday, will cover gas supply and transit conditions between Russia, Ukraine and the EU until March 2015.
The signing...
Inflation Getting Severe in the US, All Prices Going Up
Have you noticed that prices are going up rapidly? If so, you are certainly not alone. But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be. Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine. But of course the way that the...
Shrimp and Beef prices skyrocket in the US
As the price of meat continues to skyrocket, will it soon be considered a “luxury item” for most American families? This week we learned that the price of meat in the United States rose at the fastest pace in more than 10 years last month.
Leading the way is the price of shrimp. According to the U.S. Bureau of Labor Statistics, the price of shrimp has jumped an astounding 61 percent compared to...
Ukraine wants to sue Russia over high gas prices
Ukraine’s interim Prime Minister Arseniy Yatsenyuk
Ukraine has accused Russia of stealing energy resources in Crimea and threatened to take Russia to court over its recent gas price increases.
On Tuesday, Ukraine’s interim Prime Minister Arseniy Yatsenyuk said that the Ukrainian government would take Russia to court unless it agreed to a gas supply contract based on market prices.
He also said...
Get Ready to Pay More Online: Supremes Refuse to Hear Internet Tax Case
In another blow to the Constitution, the Supreme Court on Monday declined to hear a case by Amazon and Overstock.com challenging a law that requires online retailers to collect sales tax in states where they have no physical presence. The Supreme Court refusal to hear the case will allow state governments to tax online retailers and turn online retailers into de facto tax collection agencies.
The...
Deflated: Prices in Greece at a 50-year low
Prices of goods in Greece, from milk and bread to medicine have fallen by 2.0 percent in October, and are now at their lowest since 1962. Only the price of alcohol and tobacco increased in the last year.
Consumer prices in Greece plummeted 2.0 percent year-on-year in October 2013, according to a report by Greece’s Hellenic Statistical Authority on Friday.
In its sixth year of deep recession, unemployment...