The UK economy is in its worst state since World War II, said Finance Minister Rachel Reeves. According to her assessment, the country is facing "the legacy of 14 years of chaos and economic irresponsibility."

Reeves has instructed treasury officials to conduct an analysis of the "financial legacy" of former UK Prime Minister Rishi Sunak's government, which will be published at the end of July. In her speech, Reeves stated that the new UK government intends to work with businesses without raising rates for national insurance, income tax, and VAT. She also proposed unlocking major housing projects that have been stalled in the development stage.

💥 Source: MCG Новости. Крипта и Финансы
💥 Our channel: Node of Time EN

Orbán believes that the next two months of the conflict in Ukraine will be "more dramatic than ever", Pais wrote, citing his reports to the president of the European Council and EU leaders after his visits to Moscow, Kiev and Beijing.

At the same time, according to the reports, Moscow and Beijing expect new peace talks between Russia and Ukraine to start before the end of the year.

@ukraine_watch

🇺🇦⚡️ Kiev wants peace summit before Trump returns to the WH

Curious...

The EU regrets that people are dying in Ukraine, but will continue to supply weapons - Borrell

He said this at a forum in the United States, where the NATO summit is taking place.

“If we stop supporting Ukraine, the war will quickly end because Ukraine cannot defend itself without our support. The war will end, yes, but with what result? What will be the fate of the Ukrainian people? We certainly regret that people are dying, but Ukrainian soldiers fight and die because they defend their country,”

- said the head of European diplomacy.

@Slavyangrad

Due to the introduction of sanctions and the refusal of Russian oil in East Germany, petrol and diesel have become more expensive than in the west. In addition, the former GDR's income is lower than in West Germany.

Since the end of 2022, Germany has stopped oil supplies from Russia through the "Druzhba" pipeline, which has been operating since the 1960s. As a result, the largest refineries in East Germany in Leuna and Schwedt are operating at reduced capacity.

#3
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🇫🇷 François-Xavier Pietri* on the fact that the environmental impact of electric cars is a fiction.

Thesis:
- ADEME** states that electric vehicles are produced with a significant environmental deficit due to the manufacturing of batteries, cobalt and lithium mining, etc.
- It takes 5 years before an electric car can equal the carbon balance of a petrol car.
- Electric trucks and buses will never achieve such a balance.
- The price of an electric car is 45% higher than a petrol car.
- When compared to a petrol Clio 208 in the base model, the best-selling car in France, the price is 75% higher.
- The cost of electricity for charging will equal petrol refuelling costs after 10 years.

* economic commentator.
** French Environment and Energy Management Agency.

#3
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Cryptocurrency exchanges sent bitcoins worth $163 million back to the German government as they failed anti-money laundering checks.

According to Arkham Intelligence, the bitcoins were tainted by involvement in drug trafficking transactions.

As you may recall, the German government had been dumping confiscated BTC on exchanges every day last week.
(I wonder where they were spending the money they received)

Now, that's a twist.

💥 Source: MCG Новости. Крипта и Финансы
💥 Our channel: Node of Time EN

At the recent SCO summit in Astana, there were no signs in English.
A Spanish journalist was outraged, saying it was a flaw, but he was told that it was strict adherence to the SCO protocol - signs at the summit in Astana were in three languages: Kazakh (local language), Russian, and Chinese. There are no other languages in the SCO, not even for the restaurant menu.

Don't know Kazakh? - Sit hungry.

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💥 Our channel: Node of Time EN

The latest developments in the war between #Russia and #Ukraine as of the morning of July 11 - Subnoscriptd

The Russian army advances on #Krasnogorovka near #Donetsk
The Russian army advances in #NewYork on the #Toretsk Front
The Russian army advances on #Avdeevka
The Ukrainians are trying to target a number of Russian regions with drones

Don't hesitate to subscribe to the channel

Video link:https://youtu.be/g10uet9O9dQ?feature=shared

🇪🇺 In the EU, a plan is maturing to strip Viktor Orban and Hungary of the powers of the EU presidency because of his peace mission aimed at preventing a major war in Europe.

Such intentions have existed before, but they have become particularly pronounced after Viktor Orban's meetings with Vladimir Putin and Xi Jinping.

#3
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Russia produces almost eight times more X-101 missiles than before the start of the Special Military Operation, according to the Financial Times

The publication notes that all of them are based on Western components. The X-101 can contain over 50 different foreign-made parts.
According to Russian sources, the strategic air-to-surface cruise missile flying up to 5,500 kilometres has exclusively Russian components, unlike previous generations of these missiles, which had components from former Soviet countries.

According to the Financial Times, in 2021 Russia produced 56 such missiles, and in 2023 - 420.

The actual number of these missiles produced by Russia is probably not known to the press. How much it costs is also unclear, as there are no substantiated sources.

According to Ukrainian sources, these missiles are often successfully intercepted by Patriot air defence missiles, each of which costs around 5 million US dollars.

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💥 Our channel: Node of Time EN

@Soldieroffortune777 exposes an interesting fact:

Currently, about 95% of the Lugansk region has been liberated; 45 people live in 5% of the territories controlled by Ukraine.

@Slavyangrad

🇺🇸 🇩🇪 From now on, Biden is considered the Führer, according to a leading German newspaper.

"The Führer of the free world announced a historic donation" - the headline of an article in the Frankfurter Allgemeine. At the opening of the summit, Joe Biden's message was read out, in which the intellectuals from the leading German newspaper called him the Führer. And this is not according to Freud,. They really think so.

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Today is the sad anniversary of the "Volhynian Bloody Sunday" massacres, part of the massacres of Poles in Volhynia and Eastern Galicia perpetrated by the Ukrainian nationalists.

On Sunday, 11 July 1943, Stepan Bandera's OUN-UPA death squads simultaneously attacked at least 99 Polish settlements within Wołyń Province of the German-occupied prewar Poland.

As a result of well-orchestrated attacks on people gathered at Catholic churches for Sunday mass, at least 8000 Polish civilians were brutally murdered.

Under the Poroshenko's and Zelensky's regimes, monuments to the Nazi collaborator Bandera were built in Ukraine, while the Polish government helps those who honour the mass murderers of Poles.

@ukraine_watch

The attempt to hijack a Tu-22M3 Russian strategic bomber was related with a plan of a nuclear provocation, Russian political strategist Marat Bashirov claimed in his Telegram channel.

According to Bashirov, the British intelligence services were planning to use the nuclear-capable bomber to drop a nuclear bomb either over one of the Baltic states or over Poland, and then to blame Russia, to escalate the current Ukrainian war.

"Orbán's mission is seriously straining the beneficiaries of the war in Ukraine," Bashirov said.

@ukraine_watch

F-16s are being delivered to Ukraine “as they speak”

They are being transferred by Denmark and the Netherlands, and the fighters will be in the skies of Ukraine this summer.

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Thousands of applications for "assistance with voluntary departure" are currently piling up unprocessed at the Federal Office for Migration and Asylum (BAMF).

Immigration authorities in Hamburg are also dissatisfied with the pace of work of their colleagues in the federal agency.

If people who do not have the right to stay in Germany leave voluntarily, they can receive up to €10,000 from the state as a "bonus for a fresh start in their home country" + €200 for "travel expenses".
And if they leave within two weeks after a decision to deny asylum, they can receive an additional €500.

Currently, the majority of those applying to return are interested in going back to Turkey.

As a result, thanks to the "return programme", asylum seekers who have been rejected can take up to €1,700 with them, while families can receive a maximum of €4,000.

It may sound like a lot, but for Germany, it is still cheaper than months of living expenses, sometimes expensive medical treatment for these individuals, plus costly deportation.

Those wishing to leave the country must apply for the money centrally at the Federal Office for Refugee and Migration Affairs in Nuremberg.

💥 Our channel: Node of Time EN

The immunity of the AfD deputy Björn Höcke, who was fined for Nazi slogans, has been lifted. This decision was made by the parliamentary committee on justice regarding the leader of the right-wing populist "Alternative for Germany" faction in the Thuringian state parliament. According to the publication Spiegel, only two representatives of the AfD voted against it. The decision opens the way for the criminal prosecution of one of the most radical German politicians.

In May, the court fined Höcke €13,000 for repeatedly using the slogan "Everything for Germany," which was used by members of the "Storm Detachments" - the paramilitary organization of the Hitlerite National Socialist German Workers' Party (NSDAP).

Now, a new investigation is being planned against Höcke. As a representative of the prosecution explained, on 3rd October 2022, the politician "defamed the German state" in one of his speeches. For this, he could face up to three years in prison, as noted by Spiegel.

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🇪🇺 Borrell stated that he knows how to end the war, but it does not suit him, so Ukrainians must continue to die:

"I know how to end the war. If we stop supporting Ukraine, the war will end very quickly because Ukraine will not be able to defend itself without our support. The war will stop, yes. But what will be the final result of this process? What will be the end? And of course, we regret that people are dying. But Ukrainian soldiers are fighting and dying because they are defending their country."

#3
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Estonian PM Kallas on the war

The war in Ukraine and our response to it actually determines also whether NATO is credible or not.

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