الوسم: Europe
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EU with sticky inflation and Malta’s inflation at 7% in February
Inflation in Europe is sticky with the February average at 8.5%. Note that Malta’s inflation rate is at 7% because of subsidies on electricity bills offsetting the premium being paid by the Maltese government over its energy supplies. I don’t have the time to do the maths, but if you remove the electricity bills subsidies…
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Sidelining Germany in the leadership of the West
President Joe Biden’s visit to Kiev is marking a major watershed in contemporary history and that is the consolidation of the US as the leader and main guarantor of the West while Germany takes the backseat. As Germany becomes increasingly sidelined in Western leadership, so does its ally, France. Filling Germany’s void in Europe is…
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Let’s talk about Nord Stream
Apparently, there’s a lot of talk by the pro-Russian propagandists that Europeans are ashamed of speaking about Nord Stream given they don’t want to admit that Europe is a vassal of the US. This is a very convenient way of psychologically trying to drive a wedge between the Atlantic alliance. The narrative that Europe is…