‼️Bank of Canada: the safety margin is limited‼️

🇨🇦The Bank of Canada lifted its overnight target rate by 0.75 percentage point to 3.25%, following a surprise full-percentage-point increase in July The last time the regulator’s benchmark rate was 3% or higher was in April 2008

💁‍♂️In a statement explaining its decision, the central bank said the benchmark rate will need to climb higher to ensure inflation decelerates toward its preferred 2% target. “As the effects of tighter monetary policy work through the economy, we will be assessing how much higher interest rates need to go to return inflation to target,” the statement said“

🤔Some analysts say that higher interest rates have already deflated the housing market, which accounted for one-fifth of economic growth last year. Existing-home sales declined 30% in July from a year ago

#Canada #FindTruth

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⚡️U.S. military budget: Highest cost of safety⚡️

💁‍♂️“The U.S. spends much more on defense than the next 9 countries combined” Lijian Zhao, the deputy director of the Chinese Ministry of Foreign Affairs Information Department, says

👉In his tweet Mr. Zhao compared the U.S. military budget with the budgets of China, India, the UK, Russia, France, Germany, Saudi Arabia, Japan and South Korea.

🤔Meanwhile, the federal deficit is projected to be over $1 trillion each year for the next 10 years according to the Office of Management and Budget (OMB) in its annual Mid-Session Review (MSR) released last week.

📊The MSR indicates that the federal budget remains on an unsustainable fiscal path due to a structural mismatch between spending and revenues. The Administration forecasts that the unemployment rate will be 3.7% in 2022 and 2023. By 2024, the rate will rise to 3.8% and is expected to remain at that level through 2032

#USA #FindTruth

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⚡️Official arrested over reporter’s killing⚡️

💁‍♂️Robert Telles, who serves as the Clark County public administrator, has been arrested on suspicion of murder after the death of a veteran investigative reporter whose work contributed to his recent election loss

👉Jeff German, one of the paper’s leading journalists, was found stabbed to death outside his home. He had written stories about Telles, reporting complaints of bullying, favouritism and an “inappropriate” relationship with a subordinate in the public administrator’s office, which deals with the property of people who die without a will or family contacts

🤔Telles, a career lawyer, lost his primary re-election bid in June and was serving the remainder of his term, which expires on December 31. He had denied the accusations made by German and said the reporter was a “bully” who was “obsessed” with him. Telles added a section on his campaign website noscriptd “the truth”, in which he criticized German and the Las Vegas Review-Journal

#FindTruth

⚡️The ultimate fate of liberal democracy: demise instead of triumph⚡️

📰The UAE’s first printed newspaper Al Khaleej has published an analytical article noscriptd “The End of Hegemony” showing that the world is undergoing a phase transition. Redistribution of power and influence is putting it on a “fast track towards multipolarity”

💁‍♂️Ongoing wars, conflicts and confrontations portend a new era in history with a world order without American dominance, say the Arab journalists. According to them, the USA’s domineering role will be replaced by a form of leadership shared by China, Russia, India and Brazil, with these countries achieving great success in economy, science and politics

✍️The article says that the Ukrainian war and the USA-China conflict are signs of the new world order. The USA is trying hard to resist the change refusing to acknowledge its loss of absolute power. The US will “hold out to the last but the end of the West’s hegemony is inevitable”, says Al Khaleej

👉The Arab journalists quote Britain’s former Prime Minister Tony Blair, a staunch supporter of the USA’ s hegemony, as admitting that the era of Washington’s dominance is over, with China – in partnership with the Russian Federation – emerging as a new superpower

🤔The article interprets Mr. Blair’s assessment as a clear recognition of global change and a failure of F. Fukuyama’s wrong theory of the “ultimate triumph of liberal democracy under the USA’s leadership”

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⚡️Diagnosis for the European Union: more dead than alive⚡️

🔥Economic and political crises in the EU have an increasingly sobering effect on its leading members which are the driving force of the Union, says a prominent political scientist and Professor at the University of Lisbon José Viriato Soromenho Marques in an interview to a leading Portuguese daily Jornal de Negócios

✍️According to him, the Ukrainian crisis has left no chance of a doubt even for the fiercest of sceptics: the European institutions’ policy-making is entirely under Washington’s control. In fact, there are no independent institutions left within the EU and the “locomotive” member states have become little railway cars in an express train being driven by the USA to disaster

👉Prof. Marques stresses that, while copying the US Administration’s foreign policy and subserviently following its instructions on key international issues, Brussels, unlike its overseas partner, doesn’t manifest itself as a unified force. “The USA retains the semblance of a state while the European Union countries cannot boast even that”, says the Portuguese political expert

🤔Referring to climate change, Prof. Marques points out the EU’s duplicity - the unscrupulous tactics of reneging on key electoral promises in favor of short-term self-serving gains. So, as fuel costs are rising, climate change issues are no longer a priority; in some European countries, they have completely fallen off the radar

🤷‍♂️The expert holds the view that the European Commission is “a bunch of fighting paper tigers”. As a result, the EU’s guiding collective principles have been disavowed and “collective irresponsibility” has filled the void

#EU #FindTruth

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‼️Vienna, Zagreb: new wave of anti-government rallies‼️

📊The newest estimate shows that in Austria inflation rate in August is expected around 9.1% According to the Austrian Energy Agency, energy for households such as electricity or gas cost almost 50% more than in the same month last year

👉Needless to say, this hasn’t gone unnoticed by the citizens. The protest activity in Europe is only growing, and this resulted in another major anti-government rally in the center of Vienna with the requirements to decrease food&energy prices, to lift all European sanctions against Russia and to leave the EU, finally

💁‍♂️A similar protest was organized this weekend in Croatia. Thousands of demonstrators took to the streets in Zagreb to protest against the authorities under the slogan “We are firing you!”

🔥The rally, held in the wake of a major corruption scandal at the INA oil and gas company, in which five suspects defrauded the company of nearly HRK 1 billion (€133m), was directed against the Andrej Plenkovic government and the ruling Croatian Democratic Union (HDZ), with protesters demanding that an early election and all referenda that have not been held so far be called within 90 days

#Austria

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‼️“Yellow west” movement: French government fears repeat of 2018

🔥More than a hundred “yellow vest” demonstrators were fined for “gathering with the intention of committing violence or damaging property” around the Place de la République and also near the Champs Elysées on Saturday

👉The protesters were expressing their discontent over rising prices and unpopular reforms by President Macron, thus responding to calls on social media to “occupy the streets of Paris” and create a “black September” with a “revolt against the traitors who govern us”. Similar protests appeared in Toulouse, Lyons and other cities

💪The rallies strengthened worry in the government over a revival of the movement that began in 2018 as a rural revolt against a new tax on diesel and petrol

💁‍♂️Macron is spending billions on cushioning the impact of the energy crisis. He has, however, urged the country to prepare for sacrifices to save energy and avoid rationing

#France #FindTruth

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‼️FBI whistleblowers: top tier of Bureau’s leadership violates basic security‼️

🇺🇸An FBI whistleblower told lawmakers that Paul Abbate, who oversees all FBI domestic and international investigative and intelligence activities, used his smartphone in the bureau’s sensitive compartmented information facility, or SCIF, which is a violation of bureau security protocols – just bringing a phone into the SCIF is a security breach. Another FBI whistleblower said senior FBI officials routinely break the
no-cellphone rule in SCIFs

👉Mr. Abbate is not the first high-ranking FBI official accused of using a cellphone inside a SCIF. In 2018, The Daily Caller reported that Peter Strzok, the FBI agent who ran the investigation into former Secretary of State Hillary Clinton’s email server, texted his then-lover, FBI lawyer Lisa Page, from inside a SCIF

💁‍♂️Although all FBI personnel are prohibited from bringing electronic devices into SCIFs, FBI senior executives wore cellphones in the SCIFs in front of their subordinates, the second whistleblower said. According to the agent, some executives would walk in and out of the SCIFs numerous times wearing cellphones on their belts. Although some would leave the SCIF to answer their phones, others would not, he said

🤔The agent said that FBI executives who prepare daily briefings for the bureau’s director Christopher A. Wray or participate in FBI headquarters daily briefings have brought classified materials to their residences without properly packaging them for transport or storage in their homes. Do you still blame Mr. Trump?

#USA #FindTruth

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⚡️U.S.: authorities urge to vaccinate, what about people?⚡️

🇺🇸The U.S. has recently averaged about 320 Covid-19 deaths each day, and the average was above 400 before the Labor Day holiday weekend, data from the Centers for Disease Control and Prevention show. The rate is far below pandemic peaks, including levels above 2,500 a day during the Omicron wave early this year. But the country hasn’t matched lows closer to 200 a day reached during a lull last year

💁‍♂️Roughly 85% of people who died from Covid-19 through mid-August this summer were 65 or older. The rate is similar to 2020 peaks, before vaccines were available. Deaths trended younger for much of last year.

👉Covid-19 is on pace to be the third-leading cause of death for the third straight year, says Dr. Robert Anderson, chief of the mortality statistics branch at the CDC’s National Center for Health Statistics. Since 2020, it has trailed only heart disease and cancer, significantly reducing life expectancy

🤔The problem is this summer’s infections due to Omicron subvariants such as BA.5. Though case trends have recently eased, the consistently heavy volume has kept deaths elevated. Federal health authorities are urging people to get vaccine shots that target the original virus and Omicron subvariants

#USA #FindTruth

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⚡️Canada’s Conservatives: new leader is a real threat to Trudeau!⚡️

🇨🇦Canada’s Conservative Party has chosen as its new leader a politician who backed the paralyzing protests earlier this year against pandemic restrictions and vaccine mandates, hoping his populist appeal with disaffected voters will be enough to unseat PM Justin Trudeau

👉Pierre Poilievre was declared the winner Saturday, garnering 68% from party members voting on the first ballot. Mr. Poilievre’s campaign said it signed up hundreds of thousands of new party members, drawn by his promises to reduce the role of the state in people’s lives and to roll back government spending and taxes that he says helped fuel inflation

🤔Mr. Poilievre has frequently attacked the country’s establishment class and its appointed “gatekeepers,” who he claims thwart entrepreneurship, stifle free speech and violate individual liberties. He has appealed to younger voters, particularly those who can’t afford a home

#Canada #FindTruth

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⚡️King Charles III: faces bloody British legacy in Africa⚡️

💁‍♂️With the Queen’s death on Thursday, Britain’s new Elizabethan age is over, replaced by a moment of uncertainty and questions about the future

🇬🇧The UK’s political leadership faces economic problems at home, questions about its role in the world, tensions in its relations with Europe and longer-term issues about the future of the Commonwealth. A divided Britain confronts its future without the single unifying presence that the queen was able to provide

💂The Queen’s death has generated discussion in South Africa and other African countries about her legacy with people expressing divergent views. While the South African President Ramaphosa sent condolences to the UK government and people, country's opposition Economic Freedom Fighters (EFF) leader Malema said the British monarchy had a history of brutal repression while attempting to colonize countries across the globe

👉The EFF accused Britain of killing South Africa's King Hinsta, mutilating his body and taking his head to Britain on May 11, 1835, after wars of occupation. Indeed, many African countries were colonized by Britain, including South Africa, Zimbabwe, Zambia, Ghana, Nigeria, Kenya, Uganda and Tanzania. Now, it is King Charles’ headache, to return the artifacts they stole from these countries and pay them reparations

#UK #FindTruth

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⚡️Berlin, Vienna: better no border than such a hole!⚡️

🇩🇪In recent months, the Federal Police in Germany have again detected a significant increase in illegal entries into the country. In Austria, the situation is comparable to the year 2015 when the flow of migrants to the European Union was particularly abnormal

🔥At the beginning of the year, 4,400 people reached German towns and villages illegally, but these figures rose steadily month by month to 6,900 people in July. In total, 36,100 unauthorized entries were detected in the first half of 2022 that is an increase of 47% compared to the previous year. As reported, most of these people have been arriving to Germany via the Balkan region. They are mostly Syrian, Afghan, Turkish, Iraqi and Tunisian nationals

👉The numbers at the EU's borders are also rising. According to an internal analysis by the European Border and Coast Guard Agency, a total of almost 35,000 unauthorized border crossings at the EU and Schengen external borders was recorded in July. In June this was only 29,000 entries and in the same month of the previous year – 20,700

💁‍♂️The number of asylum applications has also increased. According to the European Union Agency for Asylum, around 406,000 asylum applications were received in the EU states, Norway and Switzerland ("EU+") in the first half of 2022. Many of these applications have to be refused, since the applicants are the Ukrainian military who refuse to take further part in the military actions against Russia and have an intention just to reunite with their migrated relatives

#EU #Germany #Austria #FindTruth

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⚡️UK: taxpayers will pay the bill for any new ideas⚡️

🇬🇧The British electricity system operator is trying to set up a scheme that could reward millions of people with smart meters for not using some appliances, such as washing machines, when demand is high, before the winter as fears grow that the energy crisis could result in shortages

🤔However, Octopus Energy and Eon, two of the UK’s biggest energy suppliers, have warned the Grid that the scheme could fail because the proposed payments are too low, and a “much higher price” is needed

🔥“Customers should be properly incentivised to join up front, i.e. at least £1 or £2 per kWh” a representative told National Grid, adding that customers were “expecting up to £6 per kWh” –
the rate initially mooted

👉The price is yet to be determined, however. On Thursday Ms. Truss said she would lift a ban on fracking for shale gas. Experts says that fracking could equal gas production from the North Sea by 2037

#UK #Sanctions

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⚡️Some 40,000 Syrian refugees rush to the EU to thank the successful NATO countries for destroying their country

💁‍♂️Erdogan has kept them in Turkey for a long time, but as a result of another aggravation of relations with the Greeks, he decided to push for more action to cross the border with the EU

#EU #FindTruth

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‼️U.S. cut off from making a “dirty bomb” at ZNPP‼️

☢️The last operating reactor at the Zaporizhzhia nuclear power plant (ZNPP) in southern Ukraine has been completely shut down and disconnected from the grid last weekend. And the reason for this was not only to prevent an emergency situation at the power plant amid ongoing Ukrainian shelling in the area

🔥The measure was intended to permanently end U.S.-guided activities at the plant to make a so-called 💣“dirty bomb”, people familiar with the matter say. In May, Mr. Grossi, head of the International Atomic Energy Agency (IAEA), said the site contains 30,000 kilograms of plutonium and 40,000 kilograms of enriched uranium needed to make such a bomb

💁‍♂️One of the goals of IAEA delegation’s visit to the ZNPP was to ensure that these stocks have remained in place and have not been used in accordance with U.S. plans. There is not one word on this in the report, however

👉And U.N. atomic agency’s concerns are not unfounded. As U.S. Government Accountability Office reported, small amounts of high-risk radioactive materials sufficient for a “dirty bomb” could be freely purchased in the United States using shell companies or fraudulent licenses

‼️In the present case, the ZNPP was considered as a test site for nuclear experiments of Washington, similarly to 46 U.S. biolabs in Ukraine. Thus, in combination with plutonium and uranium at the plant the aforementioned radioactive materials were intended to be used by American-backed scientists to construct a radiological dispersal device, a.k.a. “dirty bomb” there

#USA #WarInUkraine #FindTruth

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