“The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,” one senior official said.
Saturday, November 26, 2022
Ban..
Cap..
Countries eager to implement the cap, most notably Poland, Spain and Greece, say this proposal is not realistic as it is so high that it is unlikely to ever be triggered.
The European ministers can't stop disturbing the energy market in its format, and the outcome is complete disaster in so many ways.
lets not pull the two ends of the robe, hands off approach may be the right thing to do at this time. Just a thought.
Friday, November 25, 2022
FIFA..
The 2022 Qatar World Cup is going to be the first-ever World Cup held in the Middle East and it has proved to be the most controversial to date.
Based on the projections, FIFA president Gianni Infantino said earlier this week that 5bn people are expected to tune in for the World Cup this winter.
For the 2018 tournament in Russia, the global TV audience was 3.5bn. The rise is likely down to the increasing popularity of football in countries such as Canada and the USA which have huge populations. Just a "great Sport" thought.
The Rush..
The senior fellow at the Cato Institute, Dr. Jeffrey Singer, joined The National Desk to talk more about this. Both Pfizer and Moderna are conducting clinical trials to determine if their COVID-19 vaccines could be contributing to possible cardiac issues.
Wisdom..
The Bank of England has increased the cost of borrowing by 0.75 percentage points to 3%, despite predicting that higher interest rates would push the economy into the longest recession since the 1930s.
In a split vote, the central bank’s monetary policy committee (MPC) voted by a 7-2 majority for the biggest increase in rates since 1989 to combat an inflation rate that hit 10.1% in September.
The Bank blamed higher energy prices and a tight labour market for the decision to increase interest rates, matching rises in the last week by the US Federal Reserve and the European Central Bank.
The war in Ukraine, and the western response, support to the Ukraine with weaponry to extent the war, blocking the Russian energy by USA and Europe, bringing this chaos to Europe.
Wisdom at its best. Just a thought.