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Panama City Approves Bitcoin And Crypto Payments for Taxes, Fees, & Permits

Panama City Approves Bitcoin And Crypto Payments for Taxes, Fees, & Permits

Via BitcoinMagazine.com,

In yet another milestone for Bitcoin adoption in Latin America, the Panama City Council has voted to approve the acceptance of Bitcoin and other digital currencies for municipal services, making it the first public institution in the country to do so.

The news was announced by Panama City Mayor Mayer Mizrachi on X (formerly Twitter), who stated:

“Panama City council has just voted in favor of becoming the first public institution of government to accept payments in Crypto. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, USDT.”

This decision sets Panama City on a more progressive path, enabling residents to interact with their local government using Bitcoin for everyday transactions. Mizrachi also explained how this was achieved without the need for new legislation, a hurdle that had stalled previous efforts.

“Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legislation. Legally, public institutions must receive funds in $, so we partner with a bank who will take care of the transaction—receiving in crypto and convert on spot to $. This allows for the free flow of crypto in the entire economy and entire government.”

The Panama City Mayor’s Office further confirmed the news on its official social media channels, saying:

“We will soon become the first public institution in the country to allow payment for municipal services in cryptocurrency, through an authorized bank that will be responsible for converting the proceeds into dollars for the Mayor’s Office.”

Mayor Mizrachi also revealed that the agreement with the banking partner will be finalized next week:

“Deal’s being signed next week at the Blockchain conf in Panama. Look out for signing of the deal next week.”

Tyler Durden
Fri, 04/18/2025 – 09:40

Potential Sale Of Americans’ DNA In 23andMe Database May Trigger National Security Review

Potential Sale Of Americans’ DNA In 23andMe Database May Trigger National Security Review

The U.S. Department of Justice submitted a formal notice to the U.S. Bankruptcy Court for the Eastern District of Missouri, which is overseeing the Chapter 11 case of defunct 23andMe Holding Co. (Case No. 25-40976), warning that the potential sale of its assets—including a gigantic pool of millions of Americans’ genetic data—may trigger a national security review by the Committee on Foreign Investment in the United States (CFIUS).

U.S. Attorney Sayler Fleming wrote in a filing that 23andMe is prohibited from selling the genetic data of more than 15 million customers to “covered persons“—companies classified as foreign entities that are 50% or more owned by entities based in countries such as China, Russia, and North Korea.

Fleming’s notice does not ask U.S. Bankruptcy Judge Brian Walsh to take action against any potential 23andMe transactions. Instead, the U.S. government is requesting that CFIUS review any sale of genetic data to ensure foreign adversaries are not using shell companies to acquire it.

Safeguarding the gigantic pool of genetic data of Americans is a national security priority because of the increasing risk that precision bioweapons can be designed to target specific genetic traits or ethnic groups, based on shared DNA markers.

For example, if a hostile actor or rogue group linked to Iran or the Chinese Communist Party accessed genomic data, they could develop pathogens that are more virulent or lethal to those with certain genetic traits. 

Last month, James O’Keefe of O’Keefe Media Group stoked maximum fears after releasing a video featuring an undercover journalist speaking with Nathaniel Johnson, a policy advisor at the U.S. Department of the Treasury.

In the footage, Johnson suggested that 23andMe may have already sold off users’ genetic data: “Do not give your information to those people [23andMe]… they sell it to other people.”

Johnson explained: “There’s a clause in their contract, that basically says, like, we can give your information to our shareholders. So that they can do stuff. And all of their shareholders are, like pharmaceutical companies. But some of those pharmaceutical companies are based in other countries, and those pharmaceutical companies in other countries are like the property of, like the Ministry of Defense of Russia. Or, like, owned, by China.”

The risks of genetic data being weaponized for biological warfare should be on the minds of the Trump administration as the great power competition with China goes into hyperdrive by the 2030s.

 

*   *   * 

Read the filing here:

Tyler Durden
Fri, 04/18/2025 – 09:05

The Rearrangement Of The Global Economic Order

The Rearrangement Of The Global Economic Order

Authored by Ronnie Stoferle via VonGreyerz.gold,

It was a tremor that shook the financial markets in the trading days following Liberation Day, when tariffs were imposed on almost every country in the world. One of the big winners was gold. After a brief setback below USD 3,000, the USD 3,200 mark was broken on April 11, the USD 3,300 mark on April 16, marking new all-time highs. However, the significant depreciation of the US dollar – the US dollar index fell by around 4% within a few days, by more than 4% against the euro and by around 8% against the Swiss franc – meant that the gold price in euro rose only slightly and fell by more than 4% in Swiss francs. By way of comparison, the S&P 500 dropped by more than 7%.

One reason for gold’s strength is its portfolio property as a hedge against (economic) political uncertainties of any kind, whether due to armed conflicts, political crises or trade conflicts. The positive correlation between the gold price in US dollars and the World Uncertainty Index is evident.

Another reason is the express wish of Donald Trump and his administration to significantly weaken the US dollar. The prevailing view in the US administration is that a strong US dollar is detrimental to the US economy. However, the former Deutschmark bloc around Germany and Switzerland, the latter still today, show that this argument does not stand up to reality. Regardless of this, the US dollar should be significantly devalued and, in conjunction with the tariffs, force the reindustrialization of the US – in line with the America First policy.

In addition, a possible Mar-a-Lago Accord is making the rounds, in reference to the two major currency agreements in the 1980s, the Plaza Accord (1985) and the Louvre Accord (1987). Both agreements led to a devaluation of the US dollar. The US current account improved at the time, but remained clearly in the red. A significant reduction was only achieved after the Louvre Accord, and in 1991, a slight surplus was even achieved on one occasion. After that, the US current account balance turned clearly negative again. The aim of the Louvre Accord was, however, to stop the depreciation of the US dollar and keep the exchange rates of the leading industrialized nations within a target corridor. The exact structure of the target corridors was agreed upon in an additional protocol that was never published.

The “improvement” in the current account balance desired by the Trump administration, i.e. the reduction of the current account deficit, would inevitably lead to lower capital flows into the US. Demand for US financial securities, both equities and bonds, would fall, and prices would fall with it.

The US discovers its gold treasure

In the course of discussions about the domestic and foreign policy, economic and trade policy reorganization desired by Trump and his administration, the idea has been floated that the US could raise its considerable gold reserves. Currently, the gold reserves held by the US Treasury are shown on the Federal Reserve’s balance sheet as a gold certificate at a value of just USD 42.22 per ounce. This was the value of an ounce of gold in 1973 after the last official devaluation of the US dollar against gold. With a revaluation to the current gold price of around USD 3,000, the US could raise around USD 800 billion in a one-off transaction, as Switzerland did in 2000, when the Swiss National Bank (SNB) realized a revaluation gain of CHF 28bn as part of a revaluation of its gold holdings, which was distributed to the cantons and used for tax cuts, some of which were substantial. However, Finance Minister Scott Bessent has already taken the wind out of the sails of these rumors.

Notwithstanding the rejection, the role of gold as a reputable and valuable asset is becoming increasingly important. Gold is gradually moving away from its previous underdog role, especially because long-serving safe anchors such as government bonds, in particular, US Treasuries and German Bunds, in particular, are coming under increasing pressure, largely through their own fault.

Judy Shelton’s proposal of gold-backed government bonds

Another possible use for the US gold treasure comes from Judy Shelton. Many years ago, Judy Shelton, who is seen as a possible successor to Jerome Powell, whose term ends in 2026, presented her plan for a gold-backed government bond. The plan is simple and includes two main components: gold convertibility and the revaluation of the US’s current gold reserves mentioned above. Selected US Treasury emissions with a 50-year term, for example, would include an option for the bondholder to redeem the bond for a predetermined amount of gold per USD 1,000 face value in gold.

Regardless of whether this plan is implemented or not. It is further proof that gold is seen as a serious asset for solving serious economic problems.

Germany says goodbye to fiscal virtue

With his abdication as the self-proclaimed “King of debt”, Donald Trump first surprised us with his words and then, with the appointment of DOGE under Elon Musk, with his actions. In view of the current deficit figures, it seems difficult to imagine whether the goal of reducing Washington’s deficit to 3% by 2028, as set out in the “3-3-3 plan” by the current US Treasury Secretary Scott Bessent, is realistic. In the first half of the new fiscal year (10/2024-03/2025), the US budget was once again in deep red territory. The deficit amounted to USD 1.3 trillion and was therefore more than 20% higher than in the previous year, particularly because spending increased by almost 10%.

Apart from the two COVID-19 years, 2020 and 2021, the US could have a budget deficit of more than USD 2 trillion for the first time. USD for the first time. With a projected deficit of USD 1.9 trillion or 6.2% of GDP for the fiscal year ending in September, the CBO’s current forecast is only slightly below this negative threshold. By way of comparison, it has been in the red by a considerable 3.8% on average over the last 50 years. The alarming financial situation of the US federal budget is illustrated by the fact that in February, at USD 306bn, the deficit was higher than Washington’s revenues of USD 296bn. In other words, 51% of all spending in February was debt-financed.

Germany abandons fiscal virtue

Equally surprising, albeit in the opposite direction, was the U-turn by Friedrich Merz, winner of the Bundestag elections and now Germany’s next Chancellor designate. With a double whammy, Germany departed from the path of fiscal virtue. A new special fund, which would be better described as special debt, amounting to EUR 500bn, of which EUR 100bn is earmarked for mandatory climate protection measures, and the easing of the debt brake for higher defense levies, has increased Germany’s national debt by around a third in one fell swoop.

The consequences of this historic breach of a campaign promise? The yields on German government bonds shot up. At its peak, the yield on the 10-year German government bond rose by more than 40 basis points, or 0.40 percentage points, to as much as 2.93%. At its peak, this was an increase of almost 20 percent. This was the strongest rise in German government bonds in more than 30 years. As a benchmark bond, it also pushed up the yields of other countries, most of which are significantly more indebted. For France and Italy, the German turnaround will further exacerbate the already tense debt situation.

The obvious question is whether Merz is not jeopardizing the status of the German government bond as a safe anchor of the fiat financial system with this U-turn. In any case, gold offers an alternative that has been tried and tested for centuries to close the resulting gap.

Conclusion

With Donald Trump’s inauguration, uncertainty in international politics, geopolitical dynamics and the financial markets has increased significantly. It remains to be seen how long this phase will last, especially with the new factor of the US’s erratic tariff policy. What is certain is that gold is benefiting from the increased uncertainty. It is also certain that gold’s role as a neutral asset without counterparty risk has been strengthened. What is new is that gold is also increasingly being rediscovered as an economic policy instrument. Gold should also become even more attractive for investors due to the volatility and weakness of the equity and bond markets.

Tyler Durden
Fri, 04/18/2025 – 08:30

These Are America’s Oldest Companies

These Are America’s Oldest Companies

Did you know that over one in five U.S. companies fail in their first year? 

Despite this brutal statistic, a rare few have stood the test of time, not just for decades, but for centuries.

In this infographic, Visual Capitalist’s Marcus Lu takes a look at America’s oldest companies founded in the 1700s. For context, this timeline also includes a selection of younger companies that are widely known.

Data & Discussion

The featured companies are listed in the table below.

All of these businesses have survived economic upheavals, wars, and technological revolutions, making their longevity even more impressive.

Let’s take a closer look at some of their histories.

Jim Beam: A Legacy in American Whiskey

Founded in 1795 by Jacob Beam in Kentucky, Jim Beam is one of America’s oldest and most iconic whiskey distilleries.

Initially named Old Jake Beam Sour Mash, the brand survived Prohibition by temporarily ceasing production and then swiftly restarted in 1933—just 120 days after repeal.

In 2014, the company was acquired by Japanese distiller, Suntory, for $16 billion, leading to the formation of Beam Suntory.

Dixon Ticonderoga: The Pencil that Wrote History

Established in 1795, Dixon Ticonderoga began as a humble graphite pencil company, originally named after Fort Ticonderoga in New York.

Contrary to popular belief, the company did not invent the iconic No. 2 yellow pencil, but it popularized it in the early 20th century through widespread adoption in schools nationwide.

JPMorgan Chase: Banking Across Centuries

JPMorgan Chase, founded in 1799 as The Bank of the Manhattan Company by Aaron Burr, is among the oldest financial institutions still operating in the U.S.

The current company was created in 2000 by the merger of J.P. Morgan & Co. and Chase Manhattan Company. As of Q4 2024, it is America’s largest bank with $4 trillion in assets.

If you enjoyed today’s post, check out this graphic ranking companies with the most merger and acquisition deals since 2008.

 

 

Tyler Durden
Fri, 04/18/2025 – 07:55

How American Life Expectancy Compares To Its Peers

How American Life Expectancy Compares To Its Peers

For decades, Americans could expect to live about as long as their peers in other wealthy countries… but today, that story is changing.

Based on a 2025 analysis by Peterson-KFF, American life expectancy is now lagging significantly behind comparable nations, with the gap growing wider than ever before.

From chronic diseases to healthcare disparities, multiple factors are contributing to Americans dying younger. In this infographic, Visual Capitalist’s Marcus Lu takes a look at how the U.S. stacks up—and how quickly it’s falling behind.

Data and Discussion

The data we used to create this graphic is included in the table below.

The comparable country group is based on averages across 11 nations: Australia, Austria, Belgium, Canada, France, Germany, Japan, Netherlands, Sweden, Switzerland, and the UK.

Year U.S. (yrs) Comparable Country
Average (yrs)
1980 73.7 74.6
1981 74.1 74.8
1982 74.5 75.1
1983 74.6 75.3
1984 74.7 75.7
1985 74.7 75.7
1986 74.7 76
1987 74.9 76.4
1988 74.9 76.5
1989 75.1 76.7
1990 75.4 76.9
1991 75.5 77.1
1992 75.8 77.3
1993 75.5 77.4
1994 75.7 77.8
1995 75.8 77.8
1996 76.1 78.1
1997 76.5 78.4
1998 76.7 78.6
1999 76.7 78.7
2000 76.8 79
2001 77 79.3
2002 77 79.4
2003 77.2 79.5
2004 77.6 80.1
2005 77.6 80.2
2006 77.8 80.6
2007 78.1 80.8
2008 78.2 81
2009 78.5 81.2
2010 78.7 81.4
2011 78.7 81.6
2012 78.8 81.6
2013 78.8 81.8
2014 78.9 82.1
2015 78.7 81.9
2016 78.7 82.2
2017 78.6 82.3
2018 78.7 82.3
2019 78.8 82.6
2020 77 82
2021 76.4 82.2
2022 77.5 82.2
2023 78.4 82.5

Higher Spending, Lower Life Expectancy

According to Peterson-KFF, the U.S. has the lowest life expectancy among large, wealthy countries despite outspending its peers on healthcare.

In 2023, health spending per capita in the U.S. climbed to $13,432, versus $7,393 for the same 11 nation peer group.

This disconnect suggests inefficiencies, unequal access, and other systemic problems in the U.S. healthcare system are preventing resources from translating into longer, healthier lives.

Chronic Diseases Drag American Life Expectancy Down

A key factor behind the stagnation of life expectancy in the U.S. is the rising prevalence of chronic diseases.

This includes kidney disease, which in 2021 claimed 41 lives per 100,000 in the U.S., versus just 28 per 100,000 for the comparable country group.

If you’re enjoying our content, check out this graphic showing global obesity projections by 2050 on Voronoi, the new app from Visual Capitalist.

Tyler Durden
Fri, 04/18/2025 – 06:45

‘Soft-Spoken’ Jolani Makes ‘Time Top 100’ List As Sectarian Massacres Continue In Syria

‘Soft-Spoken’ Jolani Makes ‘Time Top 100’ List As Sectarian Massacres Continue In Syria

Via The Cradle

Syria’s interim President Ahmad al-Sharaa, previously known as the Al-Qaeda chief Abu Mohammad al-Julani, was selected as one of Time magazine’s yearly list of the 100 ‘most influential’ people

Former US ambassador to Syria Robert Ford, who played a role in and advocated for Washington’s regime change policies in the country, put forward Sharaa for the Time 100 list. “Last December, after years of building a powerful armed faction – Hayat Tahrir al-Sham (HTS), classified internationally as a terrorist group – Ahmad al-Sharaa and his rebel alliance toppled Bashar Assad’s brutal government in Syria,” the write-up reads.

“Once aligned with Al-Qaeda and then ISIS, the soft-­spoken Sharaa later fought both groups aggressively to ensure his fighters answered to him. More recently, he assembled alliances with other Syrian rebels, often at gunpoint, and secured Turkish support. He also established a religiously conservative statelet in northwest Syria that ruled effectively and reached out to reassure minority group – to beat Assad, the ambitious Sharaa understood he had to become a political leader as well as a military force,” Ford wrote. 

He went on to say that “Now interim President of all Syria, Sharaa balances between militants he once led and liberal Syrians relieved Assad is gone,” adding that “observers are left to wonder” if he is an extremist or a “more a pragmatic politician who exploited extremist groups to gain power.”

This year’s list comes as Sharaa has been hoping to secure international support and sanctions relief, a little over a month after his government’s forces killed around 1,700 Alawites in a series of sectarian killings along the Syrian coast. 

The killings have continued. According to the Syrian Observatory for Human Rights (SOHR), 42 people have died in sectarian killings since the end of Ramadan on 30 March. Incidents have spread from Latakia to Tartous and inland to Homs. The forces of Sharaa’s government have also recently blocked aid deliveries to the affected areas.

Up until last year, the new Syrian president was known as Abu Mohammad al-Julani. He was the head of Hayat Tahrir al-Sham (HTS), the extremist militant organization that took power in Syria in December last year after the collapse of former president Bashar al-Assad’s government.

His group has its roots in the Nusra Front – which was Al-Qaeda’s official branch in Syria before being rebranded several times and becoming known as HTS. It now makes up the bulk of the new Syrian military, alongside other ISIS and Al-Qaeda-linked factions backed by Turkiye. 

In an earlier life, Sharaa had studied media briefly and then joined the medicine faculty at Damascus University before leaving to join Al-Qaeda in Iraq (AQI) following the 2003 US invasion.

He served as the deputy to ISIS chief Abu Bakr al-Baghdadi back when the group was known as the Islamic State of Iraq (ISI). Sharaa was dispatched by Baghdadi in 2011 to enter the war against Assad’s government in Syria, where he took part in the launching of deadly suicide attacks against both security personnel and civilians before founding the Nusra Front in 2012.

A US terror designation and $10 million dollar bounty for Sharaa’s capture was lifted in January 2025. 

The UK and several European countries have begun easing sanctions on Syria, and Washington provided a six-month exemption from some sanctions in January. The US has reportedly given Syria a list of demands that it wants Damascus to fulfill in exchange for partial relief from sanctions. Sharaa’s government is also set to receive support from Turkiye, Qatar, and Saudi Arabia

Tyler Durden
Fri, 04/18/2025 – 06:10

Cash-Strapped Hamas Can’t Pay Its Fighters 

Cash-Strapped Hamas Can’t Pay Its Fighters 

This week, Israeli’s military reaffirmed it is staying in Gaza indefinitely, as its ultra-controversial anti-Hamas operation continues in the civilian-packed Palestinian enclave.

“Unlike in the past,” the Israel Defense Forces (IDF) “is not evacuating areas that have been cleared and seized,” Defense Minister Israel Katz began in a Wednesday statement. The IDF “will remain in the security zones as a buffer between the enemy and [Israeli] communities in any temporary or permanent situation in Gaza – as in Lebanon and Syria.”

As the IDF settles in for the long-haul while battling a Hamas and Islamic Jihad insurgency in the Strip, the Islamic militants reportedly retain 75% of their tunnel networks, and some 40,000 fighters and the ability to produce their own weapons.

However, a fresh report in The Wall Street Journal finds that Hamas is increasingly cash-strapped, and it is having trouble paying its rank and file fighters. Funding from both West Bank-based institutions, as well as from external backers, have been drying up and increasingly blocked.

Via Associated Press

The group is increasingly turning to theft of inbound humanitarian shipments, which have been entering the enclave sporadically, and based on what Israeli forces allow:

Israel last month cut off supplies of humanitarian goods to the enclave, some of which Hamas had been seizing and selling to raise funds, according to Arab, Israeli and Western officials. Its renewed offensive has targeted and killed Hamas officials who played important roles in distributing cash to cadres and sent others into hiding, Arab intelligence officials said.

In recent weeks, the Israeli military has said it killed a money changer who was key to what it called terrorist financing for Hamas as well as a number of top political officials in rapid succession.

The report observes this has resulted in a “debilitating squeeze” for Hamas finances. Currently Hamas is still presenting itself as the only government over the Gaza Strip, which Israel is seeking to put a permanent end to.

Salary payments to many Gaza government employees have ceased, while many senior Hamas fighters and political staff began receiving only about half of their pay midway through last month’s Ramadan holy period, the intelligence officials said. Rank-and-file Hamas fighters’ pay had been averaging around $200 to $300 a month, they said,” WSJ writes.

And apparently due to the war, external support has also dried up, as the IDF has sought to block physical cash from going in and out of the Strip, and this has impacted funding from the Gulf as well as Iran.

“Hamas, which controls Gaza’s civilian government, got monthly cash transfers of $15 million from Qatar before the war,” WSJ continues. “It also has raised funds from places including western Africa, South Asia and the U.K., building up a stockpile of some $500 million, much of it in Turkey, according to Western and Arab officials.”

This doesn’t mean the Hamas insurgency targeting occupying IDF troops will stop anytime soon, but it could begin to be a serious impact on morale. Still, the situation is likely long past the point of the Islamist fighters having “nothing to lose”.

Tyler Durden
Fri, 04/18/2025 – 05:35

“This Is No Longer Immigration, This Is Displacement…”

“This Is No Longer Immigration, This Is Displacement…”

Via Remix News,

For the first time, Muslim students are the largest religious group in Vienna’s schools, underlining the incredible demographic transformation taking place in the Austrian city. The Freedom Party of Austria (FPÖ) is now raising the alarm.

Muslim students now account for 41.2 percent of all students, while Christian students fell to 34.5 percent. The trend is only growing, and is accompanied by rising problems, including violence in schools, anti-Semitism, and contempt for women.

The data was obtained from the office of Bettina Emmerling, the city councilor responsible for education. Last year, the proportion of students of Islamic faith was 39.4 percent, but now, for the first time, it has crossed 40 percent, reports Exxpress.

Meanwhile, the right-wing Freedom Party of Austria (FPÖ) is raising the alarm about the rapid demographic change in Austria and Vienna.

“Austrians will soon be strangers in their own country,” said Hannes Amesbauer, security spokesman for the FPÖ.

FPÖ National Council member Maximilian Weinzierl, the FPÖ youth spokesperson and federal chairman of the Freedom Party Youth said:

“What we as the FPÖ have been warning about for decades, but which was always dismissed as right-wing scaremongering, is now reality: Immigration has completely overrun our country….41.2 percent of Muslim students – that’s no longer a minority, that’s the new majority. And it’s not just that Austrian children have become a minority in schools. Even together with other Christian European migrants, they are fewer than non-European Muslims. This is the direct result of replacement migration, asylum abuse, and the denial of reality by the SPÖ, ÖVP, and Greens.

In more and more school classes, German is a second language, and our values ​​are becoming increasingly secondary. Our children are being marginalized by migrants. This is no longer immigration, this is displacement.”

Meanwhile, the government is attempting to head off the problems brought on by Vienna’s exploding Muslim population. According to Emmerling, a politician for the NEOS party, the principles of human dignity, pluralism and democracy, as well as gender equality, must be clear to young people in particular. According to her, “it is during childhood that it is easiest to learn and master acceptance and diversity.”

However, several studies, both from universities and the government, warn that young Muslims in Vienna are not only more religious than average, but also more likely to hold negative or extremist views. These views include anti-Semitism, prejudice against the LGBTQ community, and rejection of women’s equal rights.

“No one in Vienna may live a lifestyle that is based on a fundamentalist interpretation of religious texts, especially if it is anti-women, anti-minority, anti-state or anti-democratic,” said Emmerling.

To address the growing tension in the school system, Emmerling wants to introduce a new, mandatory subject starting in elementary school called “Living in a Democracy,” which aims to teach the basic principles of democracy, ethical values ​​and coexistence on a common basis. Christoph Wiederkehr, the liberal NEOS education minister, has already presented concrete plans in this regard.

As Remix News has previously reported, Vienna’s teachers are resigning en masse due to growing violence and harassment in schools.

According to teachers’ union member Thomas Krebs, teachers are fleeing Vienna’s compulsory schools “in droves.” However, the Vienna state government does not offer any useful ideas on how to deal with the increasing influx of students.

“On one peak day, I even received 20 reports of staff terminating (their contract) for the coming school year,” he stated.

Krebs notes the resignation wave comes down to the Vienna state government failing to require sufficient German language skills when entering school and failing to take action against violence, extremism, and misogyny.

In many schools, the situation is dire. Evelyn Kometter, chairwoman of the umbrella organization of parents’ associations across Austria, notes, “The teacher has to repeat a sentence 10 to 12 times until it is finally understood. But by then, two-thirds of the lesson is already over.”

In her role, Kometter is facing a never-ending deluge of parents complaining about the situations in their classrooms. “For example, there is a mother whose son is in a class with 22 students — only three of whom can speak German.” The result is pure chaos. “The teacher is not taken seriously and is not understood.”

The government’s response is not to improve the situation between teachers and students, but instead race to make space for more newcomers. Krebs states that all green space is being paved over, the government is building container classrooms, and huge school extensions are being constructed. However, there is no government concept beyond this.

“They can think of nothing better to do than to plow up the last green spaces and sports facilities for schools with excavators and construction equipment and to pave them over with containers and huge extensions without any real plan,” said Krebs.

The new data shows that among Christian students, 17.5 percent are Roman Catholic, 14.5 percent are Orthodox Christian, and 23 percent of students do not belong to any religious community. The proportion of Buddhist students is 0.2 percent, Jewish students constitute 0.1 percent, and other religions stand at 0.9 percent. The poll surveyed a total of 112,600 students in Vienna’s primary, secondary, special, and vocational schools.

Read more here…

Tyler Durden
Fri, 04/18/2025 – 05:00

The NWO Religion: How The Woke Postmodern “Faith” Glorifies Evil

The NWO Religion: How The Woke Postmodern “Faith” Glorifies Evil

Authored by Brandon Smith via Alt-Market.us

It’s not as if it was ever a secret: The very core of the woke movement is fundamentally rooted in evil. The general definition of “evil” being a conscious act of deception and destruction, the deliberate victimization of others for the sake of personal power, pleasure and gain. When I try to imagine what a religion of evil might look like I consistently come back to the far-left woke movement along with its rabid mantras, agendas and self righteous narcissism.

The majority of human beings have an inherent sense of good and evil; we often refer to this condition as conscience or moral compass. The intuitive inner voice that guides us and warns us when we stray into “the dark side” is a product of archetypal knowledge – What psychologist Carl Jung described as a set of inborn complexes or symbols that tap into our deepest emotions and sense of identity. All our social interactions are in some way affected by these archetypes.

These ideas are universal, present in nearly every culture in every part of the world at every point in time in the world. Societies with zero social interaction and separated by thousands of years and thousands of miles all have these symbols and principles present in their mythology, academia and ideologies. The building blocks of everything from language, to mathematics to religion and morality are influenced by inherent psychological imprints present in our minds from the moment of birth.

I have written extensively about these inborn characteristics since 2006 because their existence is a fascinating window into the human soul. Numerous philosophers, anthropologists and mind scientists have spent their careers studying archetypes and their meanings.

Some people (myself included) view archetypes as scientific proof of creative design; proof of God. Fatalists take it further and argue that they are a kind of genetic “pre-programming” or divine software that controls everything we think and do. However, because archetypes share dual identities and competing concepts, this means we are not necessarily “programmed” like robots. Rather we are given the ability to choose and with choice comes the free will to do good, or evil.

For other people (globalists, leftists and run of the mill psychopaths) free will means the ability to choose not to believe in archetypes, or morality or even objective truth. They choose nihilism, but this is only part of the problem. The defiance of truth goes beyond some misguided attempt to be free from societal judgment.

Instead, evil people define freedom without responsibility as the ultimate state of being – In other words, they view the capacity to inflict suffering and destruction without regard as an evolutionary advantage. They think their lack of humanity makes them superhuman.

It’s no mistake that leftists and woke activists are obsessed with power dynamics; their new religion ensures that they cannot see the world any other way. For woke ideologues everything revolves around which groups hold power and how they can take that power for themselves. Thus, questions of right and wrong never enter into the equation. Power is the end that justifies all means.

They see moral order as an artificial construct that oppresses them (because they want to do evil without consequence). Moral relativism at its core requires the victimization of others as a form of rebellion against order. Of course, the injustice of this mentality is hard to dismiss but leftists have a way around that.

There’s no shortage of woke activists who have displayed a contempt for the law and for morals when they’re being judged, but they will joyfully embrace morals and the law when they think these things can be used against their enemies. Hypocritically, leftists like the idea of rules, but only for other people. Rules are a shield to prevent retribution from the people they victimize. That’s the only purpose rules serve for the woke.

To summarize, leftists are TOTAL relativists. The rules do not apply to them. The law does not apply to them. Morality does not apply to them. Conscience is non-existent for them (or it exists but they have trained their minds to ignore it). Biological reality does not apply to them. They think they are special and that boundaries should only exist for the people they don’t like.

This is pure evil. There’s no other rational way to look at it.

But where does this demonic belief system come from? Well, there are many theories. The term “Postmodernism” comes up often and is a philosophy from the latter part of the 20th Century that rejects ideas of objective and universal truth. Postmodernism is cited as an ideological offspring of Marxism; a smug rebranding of the socialist agenda for consumption by the academic elite.

Another source that I’ve covered over the years is “Futurism”, which was a precursor movement to the socialist regimes in Europe in the 20th Century. Futurists believe that all old ideas are inferior and must be constantly replaced with new ideas in order for society to progress. It emphasizes the inversion of conservatism; a war on the accomplishments and constructs of previous generations. That is to say, the past has no value to them because it gets in the way of the new order they want.

They believe that society must exist as an ever churning revolution against tradition, principles and reason. Chaos is the result. In many ways they even revere it. If I were to define Postmodernism and Futurism in practical terms, both represent a psychopathic love affair with chaos. For without objective truth there can be no order, and without order evil prevails.

It should be noted that both Postmodernism and Futurism started as artistic movements within the elitist fold. Both started as mind games for deconstructing archetypes and then they were adapted by academia and ideological zealots into the realm of politics. If the inborn meaning of archetypes can be deconstructed, then all the principles of our civilization can be deconstructed.

I’ve mentioned this quote many times and I’ll use it again here because it perfectly encompasses the problem posed by relativists – As Charlie Sheen states at the end of the movie Platoon:

“Somebody once wrote, ‘Hell is the impossibility of reason.’ That’s what this place feels like. Hell…”

This is the world that leftists and globalists are trying to build right now: A hell on Earth. A world without reason. But what would motivate people to embrace such a monstrous social inversion? That’s where Luciferianism comes in. Luciferianism is in part a religion; an ideology of self worship that venerates pride and believes SOME humans are gods trapped by the oppressive boundaries of nature and society. It’s a common trait among narcopaths and psychopaths; the internal lust for godhood is a tale as old as the Bible.

Lucifer (Satan) was a servant entity that sought to surpass God and rule the universe by his own standards. The Garden of Eden is based on the idea of humanity coveting the power of knowledge without responsibility and losing respect for creation. The Tower of Babel is a tale of man’s foolish urge to centralize and control creation, building great monuments to himself in a vain effort to reach the divine.

The theme pops up over and over again, not just in Christianity but also in secular mythology. The idea that we should not “play God” is present in popular media ever since the era of Mary Shelley’s Frankenstein. Luciferians declare the opposite: They say yes, they will play god, and anyone that tries to stop them is an “inferior” that deserves to be eliminated.

In this way the trio of evils combines to form the New World Order religion. Postmodernism is a war on objective truth, especially as it applies to human society. Futurism is a war on the past, cultural heritage and the conservation of traditional values and structures. Luciferiansim is a war on God; the denial of natural law and the refusal to accept that there are limits to human understanding and control.

When a person adopts all of these beliefs together they are capable of any conceivable atrocity. There is nothing they won’t do to achieve the destruction of the very fabric of our current civilization. There is no crime they will not rationalize. No gruesome action they will not justify. After all, they are “gods”, but gods of nihilism and death.

Of course, a REAL God has the power to create, and that’s something woke adherents are incapable of. They know how to steal, copy, repurpose and tear things down, but they will never have the capacity to create anything new. They are only gods in their little minds, but the rest of us have to suffer because of their delusions.

The war on truth and reason is a strategy to invert the natural order. It puts power in the hands of moral relativists because a society that favors relativism will automatically favor people without moral restraint. The more vicious and predatory you are, the easier it will be to get ahead. Today we might try to discourage or punish this kind of behavior, but as time passes it is increasingly normalized.

The one thing evil people are most desperate to prove is that everyone else is just like them, given the right circumstances. Turn everyday life into hell and all morality goes out the window, at least in theory.

We need to ask, what happens when evil becomes acceptable and good becomes passe? In the end you get a black void of despair and the absence of direction or purpose. Imagine a future where your principles and conscience are used against you, holding you back while people that have no principles are given all of life’s rewards. The currency of your society becomes psychopathy and the lunatics run the asylum.

And what’s really horrifying is that we’re not very far from this Orwellian nightmare. In some ways, it’s already upon us. This is the intended religion of the future – A “faith” built on the hatred of all creation, in which self worship is divine and reason is considered a punishable heresy.

Tyler Durden
Thu, 04/17/2025 – 23:40

Chinese Satellite Imaging Firm Helping Houthis Target US Warships

Chinese Satellite Imaging Firm Helping Houthis Target US Warships

Washington is now accusing China of getting in bed with the Iran-backed Shia Houthis of Yemen, who have long waged a war against Red Sea shipping, including attacks on US warships and Israel.

The US State Department on Thursday issued allegations centered on Chinese firm, Chang Guang Satellite Technology, saying it is directly supporting attacks by Houthi fighters against American interests. This firm is well-known to be close to the CCP government, and is already under Western sanctions.

“We can confirm the reporting that Chang Guang Satellite Technology Company Limited (CGSTL) is directly supporting Iran-backed Houthi terrorist attacks on U.S. interests,” State Department spokesperson Tammy Bruce told a press briefing.

The statement was issued in the wake of a Financial Times report which said the firm is supplying the Houthis with satellite imagery used in targeting. 

“The United States has raised our concerns privately numerous times to the Chinese government on Chang Guang Satellite Technology Co Ltd’s role in supporting the Houthis in order to get Beijing to take action,” a US officials was quoted in the report as saying. But these warnings were reportedly “ignored”.

CGSTL has long been described as close to the Chinese government, and has been a central firm in the country’s military-civil fusion program, which requires private sector companies to provide assistance to the government when called upon. The Chinese Embassy in Washington has denied any awareness of these new allegations concerning support to the Houthis. Interestingly, public company documents present the firm’s purpose as providing “earthquake services”

And the state connections are clear…

According to background on the company via FT:

The Chinese company was established in 2014 as a joint venture between the provincial government in Jilin and a branch of the Chinese Academy of Sciences in Changchun, the province’s capital.

“Chang Guang is one of a handful of ‘ostensibly’ commercial Chinese satellite companies that are in fact deeply embedded in the military-civil fusion ecosystem, supplying global surveillance capabilities to both civilian and military customers,” said James Mulvenon, an expert on the Chinese military and intelligence services at Pamir Consulting.

It previously came under US sanctions during 2023 in connection with the Ukraine war, having been accused of giving high-resolution satellite imagery to Wagner Group, Russia’s most well-known and controversial mercenary firm.

The FT report indicates that CGSTL had Chang Guang 100 satellites in orbit as of last year, and there are ambitious plans achieve 300 circling the earth by the end of 2025, which would allow for snapshots of any location on the planet each ten minutes.

If it does have a role in Yemen, this will further damage already severely strained US-China relations mid the tariff war, given the Houthis have frequently directly targeted US warships, including the carrier USS Harry S. Truman with drone and missile attacks. The USS Carl Vison carrier is about to joint the Truman in patrolling regional waters, also as tensions heat up with Iran.

Tyler Durden
Thu, 04/17/2025 – 23:15