Britain's economy defies the Bank of England's doom-laden forecast
UK - The chief economist at the Bank of England has admitted the economy is in a better position than previously thought, defying doom-laden predictions. Huw Pill said recent surveys suggest ‘the current momentum in economic activity may be slightly stronger than anticipated’. And in a surprise to economists, private sector pay growth had leaned ‘slightly to the upside’, Mr Pill told business leaders in Wales yesterday.
A gloomy forecast from the Bank of England last month warned that Britain would see a shallow but long recession of more than a year. Consumers and firms have grappled with eye-watering inflation in the wake of energy prices soaring last year. Mr Pill's words came a day after the Bank’s governor downplayed chatter about further sharp rate rises.
Tractors Blockade EU Capital - Farmers Protest Green Agenda
EUROPE - Hundreds of tractors driven by angry farmers protesting a plan to cut nitrate levels converged on Brussels on Friday, creating major traffic disruption in Belgium’s capital city. The BB farmers union and several others combined efforts to gather more than 2,700 farm vehicles, according to Brussels police. Several major roads in Brussels were closed and police warned that disruptions could last until the end of the day, recommending that people use public transportation instead of personal cars.
The Flemish regional government is struggling to find a deal to cut nitrate pollution over farmers’ objections that it would put many out of business. Farmers also claim that their trade has to make much deeper cuts than industry and want to see a more equitable spread.
“In the future, I want to have the possibility to continue my dad’s farm,” said farmer Brendt Beyens. “But right now I feel like the possibility of that happening is slowly shrinking and it’s getting nearly impossible and the future is looking very tough.”
Negotiations have lingered for weeks and weakened the regional government of northern Belgium to breaking point. The debate over agricultural pollution is increasingly turning into a political issue in many of the EU’s farming nations. It is to be a focal point of Dutch elections in two weeks’ time and is also affecting Belgium, another EU nation where intensive farming has put environmentalists against the agricultural lobby.
Germans Fear Green Agenda Will Destroy Their Jobs
GERMANY - Around 20 per cent of Germans reportedly fear for their jobs amid the country’s green agenda push, research has reportedly found. A survey done by the German Trade Union Confederation has reportedly found that one in five employees now fear for the future of their jobs as a result of the country’s push for green agenda measures aimed at curbing climate change.
It is the latest piece of evidence showing how the European Union’s leading economy is struggling with its own carbon emission goals, with the price of energy soaring over last year as renewable energy sources are unable to fill the hole left by missing Russian gas and deliberately scrapped nuclear energy.
ARE WE ALONE?
USA - Alien hunters urged to try out ‘UFO sighting’ app for secret ‘spotter’ community. A platform for people to submit UFO content has been developed by a Brooklyn startup. Enigma Labs calls itself the first data, research, and community platform dedicated to UFOs – now referred to as Unidentified Aerospace-undersea Phenomena or UAP. Nasa defines UAPs as observations of events in the sky that "cannot be identified as aircraft or known natural phenomena – from a scientific perspective."
On Tuesday, Enigma unveiled an invite-only app to let users report UAP on both mobile and desktop. The startup hopes that the app will encourage people to report strange sightings, VICE reported.
In October 2022, Nasa also unveiled its elite UFO hunting group team – which includes an ex-astronaut, a former ballerina, and some of the world's leading scientists. The US space agency announced in June 2022 plans to conduct a study on UAPs.
Globalists Are Working on Tracking Where You Shop, Eat, Travel
CANADA - Canadian Alibaba President J Michael Evans bragged at the recent Global Economic Forum that the globalists are working on a tracking system that monitors where you shop, what you eat, how you travel and where you travel. The Tech Giants and government may be doing that already. What happens after the data collection stage is where it really gets scary.
Dr Simon Goddek: “The Canadian Alibaba Group president J Michael Evans boasts at the World Economic Forum about developing an individual carbon footprint tracker to monitor what you buy, what you eat, and where/how you travel. That individual carbon footprint tracker, however, most likely won’t apply to corporate jets, yachts, or emissions from homes greater than 5,000 sq ft. This growing obsession with ‘tracking people’ is worrisome and needs to stop!"
The challenges facing Nigeria’s new leader
NIGERIA - Bola Tinubu, a former state governor and a powerful political kingmaker in Nigeria, was declared the West African nation’s next president yesterday after a closely fought contest. Tinubu won about 8.8 million votes, according to electoral officials, trailed by the opposition candidates Atiku Abubakar, with about seven million, and Peter Obi, with about 6.1 million.
For many Nigerians, Tinubu’s victory is a daunting prospect. He is a contentious figure who is widely perceived as corrupt, in poor health and a stalwart of the old guard. Others see him as a capable pair of hands who turned around Nigeria’s biggest city, Lagos, when he served as governor of Lagos State from 1999 to 2007.
A country of immense natural riches, bursting with talent — with big technology, music and film industries — Nigeria is also a nation where over 60 percent of the people live in poverty, millions of children are out of school and kidnapping is a daily risk. The country is also facing a major cash crisis after a poorly managed currency redesign.
TEDx speaker says, ‘pedophilia is a natural sexual orientation’
GERMANY - During a TEDx Talk, Mirjam Heine from University of Würzburg claimed “pedophilia is a natural sexual orientation, just like heterosexuality.” “According to current research, pedophilia is an unchangeable sexual orientation,” Heine argued. “Just like, for example, heterosexuality. No one chooses to be a pedophile. No one can cease being one.”
“The difference between pedophilia and other sexual orientations is that, living out this sexual orientation will end in a disaster… It is our responsibility to overcome our negative feelings about pedophiles. And to treat them with the same respect we treat other people with.”
“We should accept that pedophiles are people who have not chosen their sexuality… We should accept that pedophilia is a sexual preference, a thought, a feeling, and not an act. We should differentiate between child sexual abuse and pedophilia. We shouldn’t increase the suffering of pedophiles by excluding them, by blaming and mocking them.”
7.2 Percent Of US Adults Identify As LGBT
USA - A total of 7.2 percent of US adults identified as LGBT in 2022, a new record high. As Statista's Katharina Buchholz notes, Gen Z, newly added in the Gallup survey's 2020 edition, is the gayest generation in terms of self-identification. Almost 20 percent of those born between 1997 and 2004 identified as LGBT, compared with around 11 percent of Millennials. While scientists believe that the share of LGBT individuals has not actually changed over time, younger people in the US are more likely to be openly gay, lesbian, bisexual or transsexual.
Even within the generation of Millennials, defined as those born between 1981 and 1996, self-identification quotas rose in the past years. In 2014, only 6.3 percent of Millennials had said they identified as LGBT. For older generations, levels of self-identification did not change majorly in the past decade.
Car Loans: Distress Cycle Finally Arrives
USA - One month ago, when discussing the "perfect storm" hitting the US auto market, we showed that according to Fitch "More Americans Can't Afford Their Car Payments Than During The Peak Of Financial Crisis". Well, after a lengthy period in which nothing seemed to happen, suddenly the dominoes are starting to fall, and as Bloomberg reports, used car retailer and subprime auto loan lender, American Car Center, told employees the business was closing its doors, just one day after the company had hoped to pull off a funding Hail Mary by selling a $222 million bond (it failed).
According to Bloomberg, the used car retailer, which targets consumers regardless of their credit history (and thus targets almost entirely subprime borrowers who can't get a loan elsewhere), said in an email to employees on Friday the firm was ceasing all operations, closing its headquarters in Memphis, Tennessee, and that all employees would be terminated by the end of the business day, the people said. It employed about 288 people at its headquarters. The long overdue collapse - the first of many - comes as more Americans are starting to fall behind on their car payments, and the distress cycle is rapidly accelerating.
California Wildfires in One Year Erased 16 Years of Emissions Cuts
USA - The raging California wildfires of 2020 created enough carbon emissions to offset 16 years of reductions through the state’s green policies — twice over — according to a UCLA study published by Environmental Pollution. As Breitbart News reported at the time, the wildfire season in 2020 was so intense that smoke from the fires reached cities on the East Coast of the United States. The CalFIRE state agency describes the fires as follows:
The 2020 California wildfire season was characterized by a record-setting year of wildfires that burned across the state of California as measured during the modern era of wildfire management and record keeping. As of the end of the year, nearly 10,000 fires had burned over 4.2 million acres, more than 4% of the state’s roughly 100 million acres of land, making 2020 the largest wildfire season recorded in California’s modern history.
In his recent book, Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters, Koonin considered the scientific data and concluded that “whatever influence a changing climate might have had on wildfires globally in recent decades, human factors unrelated to climate were dominant.” While climate change was “surely” playing a role by creating more fuel for fires, “factors other than climate must also play an important, if not dominant, role.” Many fires are caused by human activity; notably, Newsom has been criticized for poor forest management as he faces a recall election Tuesday.
What happened to the German military's €100 billion fund?
GERMANY - A year ago, German Chancellor Olaf Scholz promised to upgrade the Bundeswehr with a massive one-off fund. Critics say not much has happened since. Just over a year ago, Chancellor Olaf Scholz gave a speech to the German parliament that is likely to define his chancellorship — and he was barely two months into it. The "Zeitenwende" speech (literally "turning of the times"), a response to Russia's invasion of Ukraine, was built on the announcement that the German military would receive a special one-off fund of €100 billion to be upgraded. On June 3, the center-right opposition in the Bundestag joined forces with the ruling parties to change the constitution and allow the additional debt — an unprecedented occurrence in the history of the Federal Republic.
Marie-Agnes Strack-Zimmermann, head of the Bundestag defense committee and a member of the governing coalition's Free Democratic Party (FDP) ...listed what she said were the government's achievements of the past year: new orders of F-35 fighter jets and heavy transport helicopters from the United States and a new digitalization drive to modernize the forces.
For its part, the Defense Ministry says €30 billion of the €100 billion has already been earmarked for major purchases. There has been some criticism from European allies, and within Germany, that so many big orders have been placed in the United States, though ultimately most of the special fund is likely to stay in Germany, which has a strong weapons industry.
Scholz's famous "turning of the times" involves turning around the colossal ocean tanker that is the German military, its culture and its bureaucracy. Even one year isn't enough to do that.
Just think how far Germany has shifted in only a year
GERMANY - A nation scarred by its own history of aggression has swung away from a broadly bipartisan, pacifist consensus against supplying arms to conflict zones, and it is now agreeing to send tanks, armored fighting vehicles, air-defense missiles and artillery to Ukraine. It has also gone from relying on Russia for 40 percent of its gas to shutting down the Nord Stream 2 pipeline and ending all purchases of Russian gas since last September.
Berlin, once Moscow’s biggest Western business partner, has also embraced sweeping sanctions. These are giant, wrenching changes for any nation — and Germany is tackling the momentous changes with earnestness. No drama, no strikes and protests, no bragging about leading the world in standing up to Putin or being Kyiv’s best friend.
Moreover, this coalition, which includes detente-loving Social Democrats and anti-nuclear Greens, has initiated a fundamental — if belated — overhaul of Germany’s hollow armed forces and their rusting equipment. Just three days after the invasion, Scholz’s surprise announcement of an additional five-year €100-billion fund to refurbish the Bundeswehr now gives it the potential, over time, to fulfill its assigned core role in NATO’s land defense of continental Europe. This won’t happen overnight, but Scholz has begun to lay the foundations.
US Beef Cattle Has Lowest Inventory Since 1962
USA - The beef cattle inventory in the United States is at its lowest point since 1962, according to data from the US Department of Agriculture (USDA). The USDA’s biannual cattle report showed that, as of January 1, 2023, there is a 89.3 million head inventory — which is three percent lower than the total from a year ago and the lowest since 2015. Of that number, 38.3 million cows and heifers have calved.
Additionally, there are 28.9 million beef cows, which are those explicitly bred for slaughter and meat sales, as of the start of this year — which is down nearly four percent from last year and the lowest the agency has recorded since 1962. According to Beef Magazine, some challenges and reasons for the decline in beef cows appear to be the input prices and the drought last year.
“There is a pretty substantial biological lag in the beef supply chain,” Mitchell noted. “What consumers experience at the grocery store is a product of what cattle producers were going through a year or two ago. It takes about two years for a new calf to become the steak on your dinner plate.”
G20 foreign ministers’ meeting: relevance under threat
INDIA - The G20 is in the throes of global dissonance ahead of a meeting of its member's foreign ministers in New Delhi this week. India holds its rotating presidency until November 30, 2023. The two-day event, which starts on Wednesday evening with a gala dinner, is an early gathering in the run-up to the heads of state summit that will be held in the same city in September. Representatives of the world’s 20 largest economies (including the 27-member European Union) are expected to attend the event.
An early jarring note was struck by Japan, whose foreign minister Yoshimasa Hayashi will not attend the meeting, Kwatra confirmed. The top Indian diplomat cited the minister’s “domestic compulsions” — he has chosen to take part in parliamentary business back home — despite New Delhi’s “sterling relationship” with Tokyo.
But Hayashi’s decision should not be seen as a snub to New Delhi. Instead, it can be interpreted as a worrying sign that the G20 itself, for all its economic clout, is seen as insignificant in the current global political climate. With winds of change sweeping the world since the start of Russia’s special military operation in Ukraine over a year ago, and the Kremlin’s spokesman stating that NATO is de facto at war with Russia, what can the meeting hope to achieve?
Deranged Politico: ‘Block the Sun, Save the Planet?’
USA - Politico ran a headline promoting the mad science of solar geoengineering like it’s a legitimate solution to solve the leftist climate change boogeyman: “Block the sun, save the planet?” Reporter Arianna Skibell immediately hedged the insane headline by admitting that “[b]locking the sun’s rays to limit global warming has long been considered too dangerous to even study,” but then pivoted to promote woke drivel: “But 60 top scientists are breaking from their colleagues and calling for research into what they call solar radiation modification.”
The method, said Skibell, involves “spraying aerosol particles into the atmosphere that would reflect sunlight away from the Earth, thereby slowing warming.” The Scientific American editorial board noted in 2008 that “[t]he sulfates would slow or reverse the recovery of the ozone layer; they might also reduce global rainfall, and the rain that did fall would be more acidic. And those are just the foreseeable effects.”
Strange how Skibell didn’t even address the potential negative impact so-called “solar radiation modification” would have on one of the left’s favorite renewables: solar energy.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.