The trade deal with India was “just not there”, and it would have locked the UK into a “disadvantageous” agreement that would have lasted for decades, say sources in the British government
Even though Boris Johnson had set an ambitious target to sign the free trade agreement by Diwali, the Indian festival of lights in late October, the scope of the deal was reduced after the Indian side demanded more work and study visas for their citizens in return for opening up Indian markets for British services
Yet now plans for a narrower deal that would have reduced tariffs on goods exports has also become stuck. Truss had undermined the negotiations by regularly messaging Piyush Goyal, the Indian minister of commerce and industry who is in charge of the talks
“This deal died in Downing Street with Liz Truss as the executioner,” a person from Department of International Trade, who wished to remain anonymous, said
#UK #FindTruth
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Even though Boris Johnson had set an ambitious target to sign the free trade agreement by Diwali, the Indian festival of lights in late October, the scope of the deal was reduced after the Indian side demanded more work and study visas for their citizens in return for opening up Indian markets for British services
Yet now plans for a narrower deal that would have reduced tariffs on goods exports has also become stuck. Truss had undermined the negotiations by regularly messaging Piyush Goyal, the Indian minister of commerce and industry who is in charge of the talks
“This deal died in Downing Street with Liz Truss as the executioner,” a person from Department of International Trade, who wished to remain anonymous, said
#UK #FindTruth
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America’s CPI hit 8.2% in September, year-on-year. The inflation was bolstered by the growing price of services such as rent, medical care and air fares
Such developments in the U.S. have been unsettling British markets and further dampening hopes for lower interest rates. The IMF even downgraded the UK’s economic growth prospects to 0.3 per cent next year, one of the lowest forecasts in Europe
Efforts to curtail inflation have heightened fears of a recession. U.S. GDP has already contracted for two consecutive quarters – a technical recession – although the White House says other factors, such as a relatively robust labor market, demonstrate the economy is not yet in an actual recession
Rising oil prices, after the decision by the OPEC, and allies including Russia, to cut production, is expected to reinforce inflationary pressures this month
#Sanctions #FindTruth
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Such developments in the U.S. have been unsettling British markets and further dampening hopes for lower interest rates. The IMF even downgraded the UK’s economic growth prospects to 0.3 per cent next year, one of the lowest forecasts in Europe
Efforts to curtail inflation have heightened fears of a recession. U.S. GDP has already contracted for two consecutive quarters – a technical recession – although the White House says other factors, such as a relatively robust labor market, demonstrate the economy is not yet in an actual recession
Rising oil prices, after the decision by the OPEC, and allies including Russia, to cut production, is expected to reinforce inflationary pressures this month
#Sanctions #FindTruth
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Despite Western sanctions, blocking the world’s ninth-largest economy from accessing foreign tech and expertise, the recession in Russia has probably now come to an end
Some pundits suggest Russian activity is livelier than in other big European countries. In its recent forecasts, the IMF upgraded Russia’s prospects for 2022. In April it thought that Russian gdp would fall by 8.5%. It now expects a decline of 3.4%
Meanwhile, economists have been sounding the alarm over the growing risks of a euro area recession, saying an economic downturn now looks almost inevitable. That’s just what Mr. Bohlen was talking about! The latest survey by S&P Global showed that the drop in the Eurozone’s business activity deepened last month as the final composite Purchasing Managers' Index, seen as a good gauge of economic health, nosedived to a 20-month low
#EU #Sanctions #FindTruth
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Some pundits suggest Russian activity is livelier than in other big European countries. In its recent forecasts, the IMF upgraded Russia’s prospects for 2022. In April it thought that Russian gdp would fall by 8.5%. It now expects a decline of 3.4%
Meanwhile, economists have been sounding the alarm over the growing risks of a euro area recession, saying an economic downturn now looks almost inevitable. That’s just what Mr. Bohlen was talking about! The latest survey by S&P Global showed that the drop in the Eurozone’s business activity deepened last month as the final composite Purchasing Managers' Index, seen as a good gauge of economic health, nosedived to a 20-month low
#EU #Sanctions #FindTruth
follow us: @ukraineinhurricane
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Protests in Paris against Macron's economic policies. People are protesting against rising prices and decreasing social security
According to various estimates, between 40,000 and 70,000 people protested in Paris
#France #FindTruth
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According to various estimates, between 40,000 and 70,000 people protested in Paris
#France #FindTruth
follow us:@ukraineinhurricane
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Britain prepares for Liz Truss' resignation as early as this week
A review of the latest issues of the British press. The media are guessing who will replace Truss as prime minister
The headlines are:
"Quit now", "Tories in Truss turmoil", "Truss fights for survival", " Plot to topple truss this week"
It looks like Britain's government is in for another "rebranding". Earlier, more than a hundred British MPs asked for a vote of no confidence in Truss
#UK #FindTruth
follow us:@ukraineinhurricane
A review of the latest issues of the British press. The media are guessing who will replace Truss as prime minister
The headlines are:
"Quit now", "Tories in Truss turmoil", "Truss fights for survival", " Plot to topple truss this week"
It looks like Britain's government is in for another "rebranding". Earlier, more than a hundred British MPs asked for a vote of no confidence in Truss
#UK #FindTruth
follow us:@ukraineinhurricane
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Europe is facing an energy shock of unprecedented proportions
▪️The president of Italian analytical company Nomisma Energia, Davide Tabarelli, said that Europe is facing an unprecedented energy shock due to rising prices, Italian La Republica reports
▪️According to Tabarelli, the gas price hike from €0.7 per cubic meter to €2.3 has shaken Europe as a whole and Italy in particular like never before, and now EU countries should get ready to save energy resources
▪️The president of Nomisma Energia also called for the use of any energy resources other than gas, despite the fact that their prices are also beginning to rise. "Buy yourself an electric generator for this winter and maybe next," Tabarelli concluded
#EU #Sanctions #FindTruth
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▪️The president of Italian analytical company Nomisma Energia, Davide Tabarelli, said that Europe is facing an unprecedented energy shock due to rising prices, Italian La Republica reports
▪️According to Tabarelli, the gas price hike from €0.7 per cubic meter to €2.3 has shaken Europe as a whole and Italy in particular like never before, and now EU countries should get ready to save energy resources
▪️The president of Nomisma Energia also called for the use of any energy resources other than gas, despite the fact that their prices are also beginning to rise. "Buy yourself an electric generator for this winter and maybe next," Tabarelli concluded
#EU #Sanctions #FindTruth
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Italian politician Rizzo: The attack on Nord Stream was perpetrated by the USA
"I read that Sweden, which wants to join NATO, has classified the investigation into Nord Stream. The truth is beginning to come out, and journalists are already writing about it. It's becoming clear who is doing this," said Marco Rizzo, leader of the anti-system political association Sovereign and Popular Italy
According to him, if the conclusions were made as to who is behind the organization of the accident on Nord Stream, it would be clear that it was all planned by the West and this diversion is directed against Europe itself
"Therefore, it is obvious that Russia has nothing to do with this, and the truth is gradually coming out," the politician concluded
#Italy #NordStream #FindTruth
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"I read that Sweden, which wants to join NATO, has classified the investigation into Nord Stream. The truth is beginning to come out, and journalists are already writing about it. It's becoming clear who is doing this," said Marco Rizzo, leader of the anti-system political association Sovereign and Popular Italy
According to him, if the conclusions were made as to who is behind the organization of the accident on Nord Stream, it would be clear that it was all planned by the West and this diversion is directed against Europe itself
"Therefore, it is obvious that Russia has nothing to do with this, and the truth is gradually coming out," the politician concluded
#Italy #NordStream #FindTruth
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U.S. economy faces recession and job losses next year
▪️The U.S. will face a recession and rising unemployment in 2023. That's the assessment made Sunday by The Wall Street Journal (WSJ)
▪️American economists surveyed by the WSJ believe there will be a 63% chance of a recession, although the figure has always been below 50% since July 2020
▪️WSJ notes that expectations for 2023 are becoming "increasingly gloomy." The negative impact of the economic downturn will affect the labor market, with nonfarm jobs expected to decline by an average of 34,000 per month in the second quarter of next year and 38,000 per month in the third quarter
#USA #FindTruth
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▪️The U.S. will face a recession and rising unemployment in 2023. That's the assessment made Sunday by The Wall Street Journal (WSJ)
▪️American economists surveyed by the WSJ believe there will be a 63% chance of a recession, although the figure has always been below 50% since July 2020
▪️WSJ notes that expectations for 2023 are becoming "increasingly gloomy." The negative impact of the economic downturn will affect the labor market, with nonfarm jobs expected to decline by an average of 34,000 per month in the second quarter of next year and 38,000 per month in the third quarter
#USA #FindTruth
follow us:@ukraineinhurricane
Forwarded from KanekoaTheGreat
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Tech billionaire Chamath says Europe is in an energy crisis because they listened to Greta Thunberg instead of Donald Trump.
"An entire continent essentially allowed a 16-year-old girl to dictate their energy policy. And when Greta Thunberg was able to shame an entire continent into walking away from nuclear and not really evaluating how you can have energy independence. What they did was they put Europe in an incredibly fragile position...
[President Trump's] language turned people off even though the message that he was delivering was 100% right. When Trump went to the United Nations, he was clear, he was precise, and in hindsight, and I'm saying this as a Democrat, he was right about the German reliance on Russian gas and the European reliance...
In all of our haste to overtly judge Trump because of his delivery and his personal style or whatever, we went toward this 16-year-old person who has no rooting in science or technology, to dictate the energy policy of an entire continent. I mean she was nominated for a Nobel Prize, just to remind you guys, this is how insane all of these people were."
https://truthsocial.com/@KanekoaTheGreat/posts/109168518854047848
@KanekoaTheGreat
"An entire continent essentially allowed a 16-year-old girl to dictate their energy policy. And when Greta Thunberg was able to shame an entire continent into walking away from nuclear and not really evaluating how you can have energy independence. What they did was they put Europe in an incredibly fragile position...
[President Trump's] language turned people off even though the message that he was delivering was 100% right. When Trump went to the United Nations, he was clear, he was precise, and in hindsight, and I'm saying this as a Democrat, he was right about the German reliance on Russian gas and the European reliance...
In all of our haste to overtly judge Trump because of his delivery and his personal style or whatever, we went toward this 16-year-old person who has no rooting in science or technology, to dictate the energy policy of an entire continent. I mean she was nominated for a Nobel Prize, just to remind you guys, this is how insane all of these people were."
https://truthsocial.com/@KanekoaTheGreat/posts/109168518854047848
@KanekoaTheGreat
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The Truss administration has signaled a shift to treating China as more of an adversary, and the British government would define China as an “acute threat”, similar to Russia
Nevertheless, UK academics have continued working with U.S.-sanctioned Chinese companies despite their universities claiming that formal research collaborations with them had ceased. Some of these academic structures continue to co-author papers with them colleagues from Beijing
And this is not surprising! Concerns that collaborations with civilian research can have military applications risks are often offset by the need and importance of constant expert and academic exchange with the leaders of world science and technology
The situation is quite the same to that in Germany, where the companies can’t reduce their dependence on China without inflicting more harm on an economy already facing a recession
#UK #China #FindTruth
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Nevertheless, UK academics have continued working with U.S.-sanctioned Chinese companies despite their universities claiming that formal research collaborations with them had ceased. Some of these academic structures continue to co-author papers with them colleagues from Beijing
And this is not surprising! Concerns that collaborations with civilian research can have military applications risks are often offset by the need and importance of constant expert and academic exchange with the leaders of world science and technology
The situation is quite the same to that in Germany, where the companies can’t reduce their dependence on China without inflicting more harm on an economy already facing a recession
#UK #China #FindTruth
follow us:@ukraineinhurricane
The Sun
China to be declared 'threat' to Britain in tough new stance after 'aggressive' presence
CHINA will be declared an official “threat” in a new strategic review of Britain’s enemies, The Sun can reveal. Ex-PM Boris Johnson’s landmark 2021 Integrated Defence and Security Revie…
The vast majority of grain exported from Ukraine is going to rich countries in Europe rather than vulnerable countries
The U.N. data shows 334 voyages have carried 7,448,204 metric tons of grains and other foodstuffs from Ukrainian ports, as of 14 October
Under the Black Sea Grain Initiative since 3 August, Spain has received 1.5 mln tons (Turkey – 1.1 mln tons, Italy 737.1K tons) of corn wheat, sunflower oil and some other commodities while supplies to Somalia, Lebanon, Ethiopia or Kenya don’t exceed 60K tons in each case, Djibouti is content with only 541 tons!
Years of drought made worse by the surge in global food prices put these countries and peoples on the brink of survival, while European leaders with Mr. Zelensky report on their ephemeral successes
#FoodCrisis #FindTruth
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The U.N. data shows 334 voyages have carried 7,448,204 metric tons of grains and other foodstuffs from Ukrainian ports, as of 14 October
Under the Black Sea Grain Initiative since 3 August, Spain has received 1.5 mln tons (Turkey – 1.1 mln tons, Italy 737.1K tons) of corn wheat, sunflower oil and some other commodities while supplies to Somalia, Lebanon, Ethiopia or Kenya don’t exceed 60K tons in each case, Djibouti is content with only 541 tons!
Years of drought made worse by the surge in global food prices put these countries and peoples on the brink of survival, while European leaders with Mr. Zelensky report on their ephemeral successes
#FoodCrisis #FindTruth
follow us:@ukraineinhurricane
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