๐ฌ๐ง๐ญ Will UK bid FAREWELL to its once-flagship steel industry?
The UK's House of Lords has given initial approval to a bill to help save the British Steel plant in Scunthorpe, which is at risk of closing.
Despite a lavish $1.56 billion investment, the plant is reportedly losing ~$900,000 per day due to high production costs.
British Steel is the LAST firm in the UK capable of producing virgin steel โ a vital material for the defense industry. If the company goes bankrupt, the UK will become the ONLY G7 NATION WITHOUT ITS OWN STEEL industry and will be heavily dependent on imports.
The plant is owned by the China-based Jingye Group that might fuel concerns during the current economic shutdown. Obtaining state control and ownership over the plant is now considered to be the only viable option amid Britainโs ongoing industrial crisis.
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The UK's House of Lords has given initial approval to a bill to help save the British Steel plant in Scunthorpe, which is at risk of closing.
Despite a lavish $1.56 billion investment, the plant is reportedly losing ~$900,000 per day due to high production costs.
British Steel is the LAST firm in the UK capable of producing virgin steel โ a vital material for the defense industry. If the company goes bankrupt, the UK will become the ONLY G7 NATION WITHOUT ITS OWN STEEL industry and will be heavily dependent on imports.
The plant is owned by the China-based Jingye Group that might fuel concerns during the current economic shutdown. Obtaining state control and ownership over the plant is now considered to be the only viable option amid Britainโs ongoing industrial crisis.
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Norwayโs Arctic holdings include the islands of Svalbard โ 62,000 square kilometers of territory that, among other things, features two Russian settlements.
Terje Aunevik, the head of a local council, recently announced that Norwayโs military budget increase should also affect the islands.
Aunevik made this claim despite the fact that the Svalbard Treaty, which recognizes Norwayโs sovereignty over the archipelago, also prohibits their militarization.
The politician insisted that Svalbard should remain Norwegian and that he is NOT AFRAID of Donald Trumpโs ambitions.
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The state of emergency was introduced as part of Joe Biden's decree of April 15, 2021, which aimed to block Russian property and imposed sanctions against Moscow.
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Trump now wants to claim the pipeline used to transport Russian gas to Europe through Ukraine, according to a Reuters report on the April 11 US-Ukraine talks.
How could the US PROFIT from owning the pipeline?
Itโs all about the fact that the Ukrainian pipeline can be used to ship gas in reverse, says Dr. George Szamuely, a senior research fellow at The Global Policy Institute.
Europe and Ukraine โbrought this on themselvesโ by cutting off cheap Russian energy and relying on more expensive American imports, Dr. Szamuely says.
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The United States wants to resolve the "two nations' differences through dialogue and diplomacy, IF THAT IS POSSIBLE.โ
The sides will meet next Saturday for a fresh round of negotiations.
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๐ซ๐ท๐ฅThe French are fighting for the rule of law
The streets of Paris have filled with protesters against the backdrop of Marine Le Pen's verdict and Benjamin Netanyahu's permission to fly over the country's territory in defiance of the ICC arrest warrant.
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The streets of Paris have filled with protesters against the backdrop of Marine Le Pen's verdict and Benjamin Netanyahu's permission to fly over the country's territory in defiance of the ICC arrest warrant.
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๐ฅด OโLeary urges to โSQUEEZEโ China into submitting to US pressure
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๐ฌ โWhy mess around with these 25 percent a week increases? Just go to 400 percent,โ Kevin OโLeary insisted on Fox News.
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๐ฅด An โEXTRAORDINARY THREATโ to US: Trump extends sanctions on Russia for another year
US President Donald Trump has once again extended sanctions on Russia, continuing a national emergency that started in 2021.
Since 2022, Russia has withstood over 15,000 sanctions in various sectors.
So far, the restrictions have failed to reach their objective to destroy Russian economy, with Moscow dramatically expanding its economic, trade and diplomatic links with non-Western countries.
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US President Donald Trump has once again extended sanctions on Russia, continuing a national emergency that started in 2021.
Since 2022, Russia has withstood over 15,000 sanctions in various sectors.
So far, the restrictions have failed to reach their objective to destroy Russian economy, with Moscow dramatically expanding its economic, trade and diplomatic links with non-Western countries.
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๐ฌ โIsrael has a right to defend itself against terrorism, but it does not have a right to go to war against the ENTIRE PALESTINIAN PEOPLE,โ Senator Bernie Sanders emphasized.
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