If the European Union is serious about squeezing Russian oil, it may need to brace for some pain.
A full and immediate ban could displace more than 4 million barrels a day of supplies — propelling Brent prices up by around 65% to $185 a barrel, JP Morgan warns.
The massive database would then be available to police in various countries across Europe to match against photos of suspects using facial recognition algorithms, in an automated process.
Ten European Union (EU) member-states have been exposed for selling hundreds of millions of euros worth of military kit to Russia between 2015 and 2020, despite sanctions.
EU member-states including France, Germany, and Italy potentially broke a European embargo on selling arms to Russia, issuing more than 1,000 arms licenses after the ban was imposed on August 1st 2014.
Military equipment sold to Russia ranges from thermal imaging and firearms to tanks and rockets, which were most likely used during Russia’s recent invasion of Ukraine.
The leaders of European conservative and populist parties met in the Spanish capital of Madrid on January 28-29 to build a unified political front aimed at defending traditional Judeo-Christian values and the sovereignty of European nation states.
The so-called Madrid Summit — held under the motto “Defending Europe” — marked an important milestone in efforts to create a continent-wide alliance to fight the federalist, globalist and anti-democratic drift of the European Union.
The European Union’s landmark decision last week to approve insects for human consumption was a victory for grubs and maggots — and people — the world over. The approval confers a kind of dignity to the lowly, protein-rich microbeasts that we foolishly dismiss as pests, and delivers a clear signal that the insect proteins industry is poised for significant growth. Above all, it paves the way for an alternative protein source that should play a critical role in feeding a hotter, more populous world.
The EU Commission has approved the European migratory locust as a food. The grasshopper is offered in powder form, dried or frozen as a food and can be added as a snack or other ingredient in food, the commission said today.
European federalists seeking to transform the 27-member European Union into a European superstate — a so-called United States of Europe — have revived a decades-old proposal to build a European army.
The call for a supranational army, part of a push for Europe to achieve “strategic autonomy” from the United States, is being spearheaded by French President Emmanuel Macron, who, as part of his reelection campaign, apparently hopes to replace outgoing German Chancellor Angela Merkel as the de facto leader of Europe.
The EU also made many concessions to Iran, such as agreeing to include in the nuclear deal sunset clauses enabling the mullahs soon to have as many nuclear weapons as they like.
To many in Brussels, the French statesman is already a saint. But now Pope Francis has decided to put Robert Schuman — the founding father of the European Union — on the path to sainthood. A decree has been issued by the Vatican recognizing his ‘historic virtues’, the first step in the formal process of canonization. Two miracles now have to be attributed to him in order for Schuman to achieve full sainthood — a task that might prove difficult given the EU’s track record.
If you thought Canada’s domestic carbon tax was controversial, just wait for its new global equivalent now being negotiated behind closed doors, say Canadians who have been following its progress.
It’s not a secret. In fact the new charge got its own subheading in the recent federal budget.
The plan is to “make sure that regulations on a price on carbon pollution apply fairly between trading partners,” said the budget document. “This levels the playing field, ensures competitiveness, and protects our shared environment.”
It’s prompted, in part, by fear of a Rust Belt repeat. Then, industries hollowed out in rich countries as manufacturing chased cheaper labour. This time, the draw would be from countries with climate regulations to those without.
Horseshit. All it means is that even more money will be extorted from citizens. You can bet the China class will ensure the communist regime and their investments are exempted.
All the powers of North America and Europe have entered into an unholy alliance: Canadian Prime Minister Justin Trudeau and German Chancellor Angela Merkel, French President Emmanuel Macron and U.S. President Joe Biden, eco-socialists and industrial heavyweights. They have conspired to enact a “fundamental paradigm shift,” or a Great Transformation, “to a new energy economy that will halt fossil fuel use and development,” all with the secret goal of establishing “a new global low-carbon, net-zero civilization.”
The European Union’s much-touted campaign to vaccinate 450 million Europeans against Covid-19 has gotten off to an inauspicious start. The vaccination rollout has been plagued by bureaucratic sclerosis, poorly-negotiated contracts, penny-pinching and blame shifting — all wrapped in a shroud of secrecy. The result is a needless and embarrassing shortage of vaccines, and yet another a crisis of legitimacy for the EU.
The European Union will have a much shorter interruption in deliveries of the Pfizer-BioNTech COVID-19 vaccine than Canada, despite commitments last week that countries would share equally in a temporary drop in doses.
Yellow mealworm finger foods, smoothies, biscuits, pasta and burgers could soon be mass produced across Europe after the insect became the first to be found safe for human consumption by the EU food safety agency.
