Tag: European Union
According to data from Eurostat, due to the ageing population, the European Union's dependency ratio will reach 57 by the year 2100, which will impact taxes in the future.
A Swiss billboard is making the rounds on social media depicting a young woman on the telephone. The caption reads, "Does the neighbor heat the apartment to over 19 degrees (66F)? Please inform us." While the Swiss government has dismissed the poster as a fake, the penalties Swiss citizens face for daring to warm their homes are very real. According to the Swiss newspaper Blick, those who violate the 66 degree heating limit could face as many as three years in prison!
Vladimir Putin believes that Washington is sacrificing Europe to maintain global dominance. The United States has always been the world police, and the top country that others turn to in times of crisis. America’s post-World War II status left it as the financial capital of the world, and the dollar has remained the world’s reserve currency. Nothing has topped the dollar.
Three months from now, an EU-wide embargo on Russian crude oil imports will kick in, shutting off almost all shipments of the commodity from Russia to Europe. But right now, Europe is importing over 1 million barrels of Russian crude daily and has been doing so for the last month. Someone is stocking up before the taps turn dry.
The EU's energy ministers will meet on Friday to discuss emergency measures to protect consumers and businesses from exorbitant gas and electricity prices. Now, it is clear that the U.S. can't solve Europe's energy crisis.
The status of Russia's conflict against Ukraine, which is difficult to predict, may have a significant impact on an unexpected front - a Israel-Europe gas deal which will transform European geopolitics and energy security.
According to European CDC whistleblower, the recent monkeypox outbreak gripping the globe might have been originated from a lab.
According to European Commission President Ursula von der Leyen, the European Union is planning to use the frozen assets of Russian oligarchs to fund the reconstruction of Ukraine right after the war.
Media outlets announced in March that a Turkey-Israel gas pipeline was being planned behind closed doors as one of Europe's alternatives to Russian energy. Europe essentially wants to replace Russia with Israel for natural gas needs.
This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban.