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The Canadian dilemma: Majority of Justin Trudeau’s caucus calls on him to quit 10:05 06.01.2025

The Canadian dilemma: Majority of Justin Trudeau’s caucus calls on him to quit

Liberals want the prime minister to reveal his plans as soon as he’s back from holidays. With a majority of his caucus now calling on him to resign, Prime Minister Justin Trudeau is on a ski holiday, reflecting on whether to stay or go, writes POLITICO. Trudeau is way down …
CNBC: Get your house in order, Europe — or face ‘ongoing decline,’ economists warn 10:02 06.01.2025

CNBC: Get your house in order, Europe — or face ‘ongoing decline,’ economists warn

It’s been a topsy-turvy last year for the euro zone with its largest economies, Germany and France, seeing political and economic turbulence that means neither has a budget in place for 2025, CNBC stresses. Economists say the trajectory for both countries is worrying, warning that the absence of growth, fiscal …
CNN: Elon Musk vs Keir Starmer. Oh, what a US-UK brotherhood! 10:01 06.01.2025

CNN: Elon Musk vs Keir Starmer. Oh, what a US-UK brotherhood!

It was not the start to 2025 that Keir Starmer wanted or expected: in the early hours of New Year’s Day, Elon Musk lobbed a series of angry posts and allegations towards the British prime minister, engulfing his government in a very public fight, CNN reports. The tech billionaire, who …
American Diego Garcia base under threat – Mauritius demands £800million a year and billions in reparations for controversial Chagos Islands deal 10:46 05.01.2025

American Diego Garcia base under threat – Mauritius demands £800million a year and billions in reparations for controversial Chagos Islands deal

Mauritius has been demanding £800million a year and ‘billions of pounds in reparations’ as part of the beleaguered Chagos Islands talks, writes ‘The Daily Mail’. Sir Keir Starmer has been facing calls to abandon his surrender of the archipelago after Mauritius’ new government rejected a proposed deal and started demanding …
View from London: Europe is finished 10:44 05.01.2025

View from London: Europe is finished

It’s time to mourn the demise of old Europe. The rot is too far gone, the decline too pronounced, the welfarism, decadence, pacifism and self-hatred too ingrained, the doom-loop unstoppable. Once the world’s richest, most advanced continent, Europe is finished, its humiliating fall all too obvious to the rest of …
An overproduction crisis – Mexico is sitting on 500 million liters of unsold tequila 10:42 05.01.2025

An overproduction crisis – Mexico is sitting on 500 million liters of unsold tequila

Falling demand for tequila in the United States has left Mexico’s producers of the spirit with a surplus of unsold inventory, according to a Saturday report in the London-based ‘Financial Times’, ‘Mexico News Daily’ quotes. Coupled with the prospect of tariffs being slapped on exports to the U.S. under President-elect …
Newsweek: Yellowstone volcanic activity on the move, geologists warn 10:41 05.01.2025

Newsweek: Yellowstone volcanic activity on the move, geologists warn

Magmatic activity deep beneath the Yellowstone Supervolcano may be shifting in a northeasterly direction. This is the conclusion of a new study by researchers from the United States Geological Survey (USGS) published in ‘The Nature’, which probed the crust beneath Yellowstone National Park and the surrounding area, ‘Newsweek’ writes. The …
Poland's EU presidency could leave its economy in ruins 11:46 04.01.2025

Poland's EU presidency could leave its economy in ruins

Warsaw wants to use its turn in the EU's rotating chair to take on Russian imports, writes POLITICO. Europe is still buying vast quantities of Moscow’s oil and gas, helping fill the Kremlin’s war chest. Now, Poland wants to put the squeeze on those revenues. Warsaw — one of Kyiv’s …
Denmark to boost Greenland defense amid Trump comments 11:44 04.01.2025

Denmark to boost Greenland defense amid Trump comments

Denmark announced a major new package to boost the security of Greenland in a move the Danish defense minister called “ironic” because it came just two days after President-elect Trump called for U.S. ownership of the Arctic island. Danish Defense Minister Troels Lund Poulsen told the Danish newspaper Jyllands-Posten that …
View from India: The skyrocketing gas prices will further shoot up the cost of production in European economies 11:41 04.01.2025

View from India: The skyrocketing gas prices will further shoot up the cost of production in European economies

The end of Russian natural gas flows to Europe via Ukraine is likely to boost competition with Asia and prices for alternatives, Bloomberg notes. “This is going to further tighten the LNG market,” Scott Darling, a managing director at Haitong International Securities, said on Bloomberg TV on Thursday. “Supply, particularly …
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