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Germany’s nuclear paradox: Importing expensive power after shutting down its own reactors

As Germany heads into a pivotal federal election, its energy policy is under intense scrutiny. The nation, once a leader in nuclear energy, has been forced to import expensive nuclear-generated electricity from France to keep its lights on. This ironic twist comes several weeks before Germans cast their votes, raising questions about the…
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Europe is again on the brink of financial Armageddon. This time it may not step back

How they laughed when Britain’s hard-won reputation for pragmatic and stable government descended into chaos in the aftermath of the vote for Brexit. How they gloated and delighted in saying “Told you so” when Liz Truss threw caution to the wind and in an act of breath-taking recklessness delivered an unfunded tax cutting mini-Budget…
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BRICS announces new payment system for cross-currency exchanges, dealing a serious blow to the dollar

The BRICS bloc has announced a new payment system for cross-currency exchanges, part of its long-term plan to move away from the dollar. Russian Foreign Minister Sergey Lavrov announced that the nine-member group is working toward the creation of the new payment system without the integration of the U.S. dollar called BRICS Pay. He…
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