Category: Economy

Octopus Energy CEO Slams “Gaslighting” In UK Power Market Debate Via CityAM, Octopus Energy founder Greg Jackson alleges that established energy companies are using “gaslighting” tactics and aggressive lobbying to maintain the current national electricity pricing model. Jackson advocates for zonal pricing, arguing it would save consumers at least £3.7 billion annually and align the…

EU’s Climate Leviathan: CO₂ Trading Scheme To Cripple German Drivers By 2027 Submitted by Thomas Kolbe Starting in 2027, a price shock at the gas station threatens drivers. The EU Emissions Trading System (ETS II) will be extended to include the transport and building sectors. Another wave of price increases is rolling in. And yes,…

Cocoa Supply Crunch Shown In One Chart The chocolate industry is facing a new era of chronic shortages and record-high prices across cocoa beans, butter, powder, and paste, sparking structural supply disruptions across North America and Europe. At the heart of the crisis is West Africa, where countries such as Côte d’Ivoire, Ghana, Nigeria, and Cameroon—responsible for 75% of…

Spain Sees 650% Surge In Residency Permits Through Family Ties Since 2020 Authored by Thomas Brooke via Remix News, The number of immigrants living in Spain under family reunification permits has surged by more than 650 percent in the past five years, according to data from the Ministry of Inclusion, Social Security, and Migration, obtained…

Russia’s Formal Recognition Of The Taliban Comes At A Crucial Time For The Broader Region Authored by Andrew Korybko via Substack, Russia became the first country to formally recognize the Taliban as the legitimate government of Afghanistan earlier this month. This development comes at a crucial time for the region: Trump wants to return US forces to Afghanistan’s Bagram…

Visualizing The State Of Freedom Around The World In 2024, 60 countries saw their freedom decline in a historic election year. Strikingly, 40% of countries and territories that held elections experienced targeted attacks on candidates amid heightened instability. Yet bright spots were seen in Bangladesh, Bhutan, and Syria, driven by political reform. This graphic, via…

Older Adults Outnumber Children In More US States, Median Age Hits New High Authored by Mary Prenon via The Epoch Times, A new report from the Census Bureau indicates older adults now outnumber children in 11 states and almost half of the counties in the United States. The census data shows that the U.S. population…

Half Of Americans Who Think They’re “Middle Class” Really Aren’t: Pew The term “middle class” is widely used in American discourse, but few people can clearly define it or know if they truly belong to it, , according to Pew Research and Yahoo Finance. According to the Pew Research Center, just over half of U.S. households—51%…

Is Gen Z The Useful Idiot Generation A sizable proportion of young Americans lean heavily to the left, often with limited understanding of history, moral grounding, or the foundations of Western civilization. Whether it’s the result of leftist indoctrination on college campuses or the intellectual decay sparked by endless hours on social media, the effect is apparent:…

Oregon Faces Title IX Lawsuit Over Males In Girls’ High School Sports Authored by Scottie Barnes via The Epoch Times, A conservative nonprofit filed a federal lawsuit July 8 on behalf of three Oregon high school girls alleging that the state’s education and athletic authorities violated federal anti-discrimination protections by allowing biological males to compete…

Chelsea Clinton Mocked After Using Texas Flood Disaster To Promote Clinton Global Initiative X users were very skeptical Wednesday afternoon after Chelsea Clinton—currently a board member of the controversial Clinton Global Initiative (CGI)—announced that CGI members had been mobilized to flood-ravaged Kerr County, Texas. “Members of the @ClintonGlobal community are on the ground in Texas,…

‘American Hero’: Coast Guard Swimmer Praised For Saving 165 From Flood At Camp Mystic Authored by Aldgra Fredly via The Epoch Times, A Coast Guard rescue swimmer, Scott Ruskan, is being hailed as a hero for helping to rescue more than 160 people at Camp Mystic during flash floods that ravaged central Texas over the…

NASA Eyes Deep Staff Cuts In Major Agency Overhaul Less than 24 hours after the Supreme Court cleared the way for the Trump administration to slash the bloated federal bureaucracy and gut agencies, Politico reports that thousands of senior-ranking NASA employees are set to exit in a massive restructuring. Politico cited internal documents showing that…

Patriot Missile Stockpile A Fraction Of What Pentagon Needs As Trump Arms Ukraine Via The Libertarian Institute The ongoing wars in the Middle East and Ukraine have depleted US stockpiles of missile interceptors. The Pentagon has just a quarter of the Patriot missiles it needs. According to the Guardian, “The United States only has about 25% of…

Philly Trash Standoff Ends As City’s Largest Municipal Union Reaches Tentative Agreement, Ending Strike After more than a week of stalled trash collection, closed libraries, and disrupted city services, the City of Philadelphia and its largest municipal union have reached a tentative agreement, bringing an end to a major strike that began July 1, according…

America Must Lead On Seafloor Mineral Development Authored by Alina Voss via RealClearEnergy, An untapped energy savior might just be sitting on the ocean floor. From AI to defense to clean energy, critical minerals remain pivotal to securing the United States’ competitive edge. Unfortunately, supply chains remain precariously dependent on foreign control, often from adversarial…

“Most Significant Seismicity Since 2009”: Quake Swarm Detected At Washington’s Mt. Rainier The U.S. Geological Survey (USGS) at the Cascade Volcano Observatory reported Tuesday that an earthquake swarm has been detected beneath Mount Rainier in Washington State. While this marks the most significant seismic activity at the volcano since 2009, the USGS emphasized that there…

French Intelligence Chief: US Overstated Iran Strike Impact & We Don’t Know Where The Uranium Is The head of France’s foreign intelligence agency stated Tuesday that last month’s Israeli and American airstrikes on Iran had destroyed only part of its stockpile of highly enriched uranium, though the reality is that the exact whereabouts of the remaining…

“Vindicated”: Man Charged By Biden’s DOJ For Posting A Meme Has Conviction Overturned Authored by Ken Silva via Headline USA, An appeals court has overturned the conviction against Douglas Mackey, who was charged with election interference under the Biden administration for posting a meme in 2016 about voting for then-presidential candidate Hillary Clinton via text message. Mackey…

Hakeem Jeffries Ditches Gym, Flexes Photoshop Instead Authored by Luis Cornelio via Headline USA, Did House Minority Leader Hakeem Jeffries Photoshop his waist to appear slimmer? Social media critics think so.  Jeffries, D-N.Y., became the target of viral mockery on Monday after critics pointed out what they viewed as botched photo editing on the top Democrat’s Instagram…

Amazon Prime Day Sales Plummet On First Day  New data from Momentum Commerce shows that Amazon’s decision to extend Prime Day from two to four days backfired—Day 1 sales plummeted, marking a grim start. Shoppers are filling their carts but holding off on purchases, hoping for deeper discounts. Meanwhile, spending trends are soft, reinforcing the cautious…

Surviving Crew Members Kidnapped By Houthis After Greek-Owned Cargo Ship Attacked Update(1505ET): Things have gone from bad to worse regarding the situation of the Greek-owned cargo ship Eternity C, which was sunk in a deadly Houthi raid. The missing mariners aboard the ship are now confirmed kidnapped, after at least four were killed. The US embassy…

Waste Of The Day: Puerto Rico, Guam, Others In Debt Authored by Jeremy Portnoy via RealClearWire, Topline: The five inhabited U.S. territories are collectively $57.8 billion in debt and have issues with their financial statements that “can lead to poor financial decisions and lost access to capital markets,” according to a new report from the…

Trump Says BRICS Members Will Get Additional 10% Tariffs Over De-Dollarization Attempt Authored by Lily Zhou via The Epoch Times, President Donald Trump on Tuesday reiterated a previous warning to BRICS nations that he would be imposing an additional 10 percent tariff on them, saying the bloc was created to replace the U.S. dollar as…

FOMC Minutes Show ‘Divided’ Fed Fears Stagflation, Clueless On Actual Tariff Impact Since the last FOMC meeting (June 18th), which saw a hawkish tilt to the dots (with Fed members notably divided – nearly as many participants anticipated no rate cuts this year as expected two), we have seen stronger-than-expected jobs data, constant diatribes from…

Have Markets Lost Faith In The Fed’s Reaction Function? Authored by Robert Burrows via BondVigilantes.com, Markets are once again high on ‘hopium’. Despite a still-strong labour market, sticky inflation, and an economy that refuses to roll over, rate cut bets have surged back into vogue. The Federal Reserve might be saying “higher for longer,” but…

‘We’re Impressed’: Zelensky Now Sings Trump’s Praises & CIA Director Breathes Sigh Of Relief “They have to be able to defend themselves,” Trump said Monday, offering confirmation of his weapons to Ukraine policy U-turn. “They’re getting hit very hard. … We’re gonna have to send more weapons.” A presidential aide to Volodymyr Zelensky has offered new insight into…

BioSig, Streamex Target Gold Tokenization With $1.1B Financing Authored by Christopher Tepedino via CoinTelegraph.com, BioSig and Streamex have secured $1.1 billion in growth financing to support their pivot into onchain commodities, starting with gold. The companies, which signed a letter of intent to merge on May 5, say the funding will help establish a gold-backed treasury business…

Trump Weighs Federal Control Of D.C., Citing Urgent Need To Restore Law & Order Under the leadership of failed progressives, parts of Washington, D.C., have transformed into crime-infested hellholes, hardly the image the United States wants to project to the world from its capital. The Trump administration sees an urgent need to restore law and order…

Key Points in This Article: President Trump’s just-announced 50% tariff on copper imports aims to boost domestic production, causing a 13% surge in U.S. copper prices and creating a cost advantage for local producers over foreign imports. Essential for construction, electronics, and renewable energy, copper’s rising domestic demand due to the tariff makes U.S.-based copper…

Biden’s White House Doctor Invokes 5th Amendment, Refuses To Answer House GOP Questions After requesting to delay his testimony, Kevin O’Connor – former President Biden’s White House doctor, refused to answer questions during a deposition in front of the House Oversight and Government Reform Committee on Wednesday, according to a statement from his legal counsel that cites…

Ex-CIA Boss John Brennan, Ex-FBI Boss James Comey Under Criminal Investigation Authored by Ken Silva via Headline USA, Fox News Digital reported Tuesday that former CIA Director John Brennan and former FBI Director James Comey are both under investigation by the Justice Department for their roles in the politicized and fruitless Russiagate investigation, as well as for making false statements to Congress….

Putin Sends Message To US With Record 700+ Drones, Missiles On Ukraine Overnight President Putin continues playing hardball and sending tough signals in the face of Trump administration criticisms, and after on Monday the White House confirmed it is reversing course on its recent pause on weapons to Ukraine, as it will instead send more….

Linda Yaccarino Steps Down As CEO Of X Linda Yaccarino announced on Wednesday that she’s stepping down as CEO of X, offering little in the way of an explanation. After two incredible years, I’ve decided to step down as CEO of 𝕏. When @elonmusk and I first spoke of his vision for X, I knew it would…

WTI Slides After Biggest Crude Build Since January Oil prices are down this morning as signs of a large gain in US crude stockpiles undermined comments by the United Arab Emirates and Saudi Arabia about tight market conditions. In the US, API reported overnight that crude inventories rose 7.1 million barrels last week. That would be…

Donald Copperfield By Michael Every of Rabobank “As I think I told you once before,” said I, “it is you who have been, in your greed and cunning, against all the world. It may be profitable to you to reflect, in future, that there never were greed and cunning in the world yet, that did…

Federal Crackdown Puts Harvard’s Accreditation Status In Jeopardy The Trump administration has significantly escalated its confrontation with Harvard University, warning that the institution may face the loss of its accreditation and moving to compel the university to release records related to its foreign student population. In coordinated actions on Monday, the Department of Education and…