Thought for the day

"The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin." -- Mark Twain
"When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors - When you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - When you see corruption being rewarded and honesty becoming a self-sacrifice - You may know that your society is doomed." -- Ayn Rand, 'Atlas Shrugged', 1957

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It’s Italy which will fire the starter’s gun on a turnaround on the EU’s policy on Russia and the Ukraine war.

It might well be Italy which marks the starting point of a demise of sorts of the EU, as the coalition government collapses. Mario Draghi, who might be remembering interest rate hikes like the ECB’s this week, which only happened previously when he was the boss overseeing the eurozone crisis, is out.

By resigning his post as PM, he must be that he sees the writing on the wall and that we are heading towards another eurozone crisis.

The United States is looking to convince major oil importers, including Russia's key buyers these days, China and India, to endorse a plan to cap the price of Russian oil they are buying.  The U.S. and other major developed Western economies are wary of letting international crude oil prices spike later this year when the EU ban on providing insurance and financing for seaborne transportation of Russian oil takes effect in December.   

EU UNITY on the war in Ukraine has been rocked again after Hungarian Premier Viktor Orban told European Commission President Ursula von der Leyen that she cannot control how much energy people use in his country.

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Beyond the damage in Ukraine, the war also has significant casualties in the rest of Europe as the continent is losing its most competitive energy supplies, compromising the region’s manufacturing edge and accelerating an inflation wave that through higher energy costs will severely affect the wellbeing of its population this coming winter.

The Armenian Defense Ministry on Thursday denounced an attack by the Azerbaijani Armed Forces on its military positions located in the eastern part of the common border with no possible casualties.

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Ukrainian President Volodimir Zelenski announced Wednesday his government's intention to make Ukraine a guarantor of European energy security through its electricity production, and detailed plans to increase electricity exports to European Union countries.

Kiev is attempting to provoke a nuclear catastrophe in Europe, Russian foreign ministry spokeswoman Maria Zakharova said on Thursday, commenting on the Ukrainian drone attack on the Zaporozhye nuclear power plant (NPP).

The diplomat recalled that on Monday Ukrainians attacked the territory of the NPP near facilities critical to the plant's safety with a drone. On Wednesday, Ukrainian drones targeted the Zaporozhye nuclear power plant four times. The NPP's reactor was not damaged in the attack.

In an escalation of actions taken in protest against the governments plans to shut down vast swaths of farmlands, Dutch farmers dumped manure on highways across the Netherlands on Wednesday morning.

The Netherlands was left scrambling trying to clear dozens of road blockades, consisting of manure, hay, tyres, and other waste heaped on the roads by supporters of the Dutch farmer protest movement against the globalist government of PM Mark Rutte trying to impose draconian EU-based regulations on nitrogen that could see up to 30 per cent of farms disappear in the country.

A wildfire is consuming Slovenia and as the blaze moves across areas that were once battlefields during World War I, it’s meeting century-old unexploded ordnance with deadly results.