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UK Targets Kremlin-Linked Crypto Network In Latest Sanctions Round

UK Targets Kremlin-Linked Crypto Network In Latest Sanctions Round

Authored by Micah Zimmerman via BitcoinMagazine.com,

The United Kingdom has unveiled a fresh package of sanctions against Russian financial structures that use crypto and offshore payment routes to sidestep restrictions imposed after the invasion of Ukraine. 

The measures focus on the Kremlin-backed A7 network, a ruble-based settlement system, and a cluster of exchanges and firms that route payments through Kyrgyzstan and Georgia.

Announced by Foreign Secretary Yvette Cooper, the package covers 18 new designations that target what London describes as the backbone of Russia’s illicit finance channels. 

Officials say the list includes a Kyrgyz bank suspected of handling A7 flows, a major global cryptocurrency exchange that has sent more than 1.5 billion dollars to entities close to the Kremlin, and three Georgian companies that run Russia-focused trading platforms.

The A7 network has emerged as a central hub in Russia’s attempts to blunt the impact of Western sanctions on its war economy. Investigations by independent researchers describe A7 as a cross-border settlement platform that uses a ruble-backed token, branded A7A5, and links to Promsvyazbank, a state lender that supports the Russian defense sector.

According to the UK government, A7 claims to have moved more than 90 billion dollars during the past year, a sum that officials say approaches half of Russia’s annual military spending. 

Separate journalistic probes have found that A7-connected wallets and entities handle a significant share of cross-border transfers for sanctioned oligarchs and state-linked businesses.

The crackdown lands at a moment when Russia’s own forecasts show a weaker outlook for growth under sanctions pressure. This month the Economy Ministry cut its 2026 growth projection to 0.4 percent from 1.3 percent and reduced the estimate for 2027 from 2.8 percent to 1.4 percent, an admission that extended war spending and trade limits weigh on expansion.

Crypto is replacing bank links for Russia

Western authorities and crypto analytics firms have flagged crypto as a key tool in Russia’s effort to replace severed bank links. Research into related platforms such as A7A5 and exchanges that serve Russian users has traced billions of dollars in stablecoin and token flows that bypass traditional banking checks, much of it through venues in Central Asia and the Caucasus.

Cooper framed the new sanctions as part of a broader drive to hit the financial lifelines of Moscow’s war machine and close off safe havens for enablers of the invasion. She said the UK would keep working with allies to expose, disrupt and dismantle the structures that move money and goods for Russian forces.

Since the start of the full-scale invasion in 2022, Britain has sanctioned more than 3,300 individuals, companies and vessels linked to the Kremlin, from banks and energy giants to defense suppliers.

The government estimates that international sanctions have stripped more than 450 billion dollars from Russia’s economy, a loss equal to an estimated two years of funding for its war against Ukraine.

Tyler Durden
Thu, 05/28/2026 – 07:45

Drone Stocks Erupt After Report Of Pentagon Funding Deals

Drone Stocks Erupt After Report Of Pentagon Funding Deals

President Trump’s war economy is accelerating, with a new report indicating that the Department of War is set to unleash funding deals across a handful of drone companies. The effort comes as the DoW’s procurement program now favors startups, and there has been an emphasis within the department on ramping up America’s drone manufacturing base, as hyper-innovation from the war in Ukraine has brought forward 2030s-era war technology.

The Wall Street Journal reports that the DoW has been in talks with a group of drone startups and suppliers, including Performance Drone Works, Unusual Machines, and Neros Technologies, about potential funding packages that could include debt, conditional loans, and possible equity stakes.

The financing would not be used to purchase batches of suicide drones directly. Instead, the plan is to expand domestic manufacturing capacity, lower unit costs, and help these war-unicorn startups ramp up production ahead of a major stockpiling effort by the DoW.

The DoW’s $1.1 billion Drone Dominance initiative aims to stockpile 300,000 low-cost attack drones by the end of 2027 at a unit price of less than $5,000.

The WSJ’s report sent drone-related firms soaring in premarket trading, with Unusual Machines soaring 33%, Red Cat up 13%, AeroVironment up 8%, Kratos Defense & Security Solutions up 8.4%, and Airo Group up 2.9%.

None of this should be surprising to readers, as we’ve detailed the Trump team’s playbook with the DoW to reset procurement programs, funneling funding into defense startups while building out production lines for low-cost war machines, such as drones and robots.

We identified Axon, which plans to import Ukrainian war tech into the US to build up US stockpiles faster.

Meanwhile, Ukraine is becoming a drone manufacturing hub for allied forces that stretch across Eurasia.

Let’s remind readers of our forward-looking theme published in January. 31: 

Then, after a couple of data centers in the Gulf area were hit by Iranian attack drones, we note:

Beyond one-way attack drones and interceptor drones, we suspect counter-drone threat systems, such as passive acoustic detection, will become popular in the US because there is a missing layer of air defense around critical infrastructure, from power grids to data centers.

Tyler Durden
Thu, 05/28/2026 – 07:20

Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs

Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs

Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show.

Refinancing decreased by 18 percent for the week ending May 22 and is up by 19 percent from the same time a year ago, according to the Mortgage Bankers Association.

“Many borrowers understandably backed away from refinancing last week,” Joel Kan, the firm’s vice president and deputy chief economist, said in a statement.

The decline was largely driven by the 30-year fixed-rate mortgage rising by 30 basis points over the past five weeks to 6.65 percent – the highest level since August 2025.

As Andrew Moran reports for The Epoch Times, activity to refinance home loans was spread across the board. Conventional refinance applications fell by 14 percent, Federal Housing Agency applications dropped 18 percent, and Veterans’ Affairs applications tumbled 34 percent.

Overall, refinance loans accounted for 38 percent of all mortgage applications, the smallest share in nearly a year.

But purchase applications also slipped from the previous week, sliding by almost 9 percent.

“Purchase applications were slightly lower across all loan types but still ran at a stronger pace than last year’s pace,” Kan said.

The average loan size for a purchase application reached another survey high at $473,600, as borrowers with smaller loan sizes were less active given the higher rate environment and its negative impact on their purchasing power.”

Meanwhile, the Federal Housing Finance Agency reported on May 26 that single-family home prices backed by Fannie Mae and Freddie Mac rose by 0.1 percent in March, up from a downwardly revised 0.1 percent drop in February.

‘Sensitive to Headlines’

Mortgage rates, which generally track long-dated U.S. Treasury yields, have accelerated since the war in Iran began in late February, driven by renewed war-driven inflation risks.

The main benchmark 10-year yield reached a one-year high of 4.66 percent last week. The 30-year climbed to 5.18 percent, its highest level since the global financial crisis.

Modest relief could be on the way amid increasing optimism that the United States and Iran are inching closer to establishing a peace deal.

Yields have eased by approximately 20 basis points over the past week, translating into lower rates for homeowners and prospective homebuyers.

As of May 27, the 30-year fixed-rate mortgage dipped to 6.61 percent, but the gap between current rates and the effective (aggregate) rates that Americans are currently carrying on their homes remains vast…

How long this trend lasts depends on what happens between Washington and Tehran, says Jeff DerGurahian, head economist at loanDepot.

“But with geopolitical tensions still front and center and inflation expectations starting to pick back up, the outlook remains uncertain,” DerGurahian said in a note emailed to The Epoch Times.

“Until there’s more clarity, rates are likely to stay sensitive to headlines, with the direction from here tied closely to how events unfold overseas.”

Inflation data could also play a role in both the broader financial markets and monetary policy.

A de-escalation in the three-month-old Middle East conflict could help mitigate medium- and long-term inflation pressures. But the length of persistent inflation could hang over the Federal Reserve.

Federal Reserve Chairman Kevin Warsh at the White House in Washington on May 22, 2026. Madalina Kilroy/The Epoch Times

Traders have recently made an interest rate hike over the next year their base case scenario.

The 2-year yield, which follows expectations for Fed policy, remains above 4 percent. Futures market data suggest a quarter-point increase in March.

Market watchers, however, say the criteria for following through on a rate hike are high.

“From a policy standpoint, the expectation is that the Fed will likely stay on hold for a while,” DerGurahian said.

“The bigger question is how inflation plays out over the next few months, especially if higher energy prices start to show up more broadly across the economy.”

May’s annual consumer inflation rate is expected to reach 4.2 percent, according to the Cleveland Fed Nowcasting Model. If accurate, it would be the highest level of inflation since May 2023.

Ignoring Interest Rates

Despite President Donald Trump’s calls for lower interest rates to support his economic agenda, the data suggest the economy has been indifferent to elevated rates.

Recent growth has been fueled by consumer spending and business investment, mainly artificial intelligence-driven capital expenditures.

Even with markets pricing in higher rates, capex spending plans continue to be adjusted higher.

“It doesn’t matter what the Fed does. There is FOMO [fear of missing out] among hyperscalers, and AI spending is not sensitive to higher interest rates,” Torsten Slok, chief economist at Apollo Global Management, said in an emailed note to The Epoch Times.

“In fact, despite the move higher in rates in recent months, the consensus forecast for capex in 2027 continues to rise.”

If Fed officials tighten policy, it might combat inflation but do little to harm the growth prospects.

Tyler Durden
Thu, 05/28/2026 – 06:55

The Fragile Balance Between Compassion And Civilization

The Fragile Balance Between Compassion And Civilization

Authored by Armstrong Williams via The Epoch Times,

What is unfolding across parts of Europe, particularly in the UK under Prime Minister Keir Starmer, should serve as a warning to every Western democracy wrestling with questions of immigration, national identity, social cohesion, and the limits of political tolerance.

A nation can be compassionate without becoming careless. It can welcome newcomers while still expecting assimilation, civic responsibility, and respect for the laws and traditions that hold a society together. But when governments become so consumed with appearing morally virtuous that they neglect order, border enforcement, public safety, and cultural confidence, the social fabric eventually begins to fray.

Across Europe, many citizens increasingly feel that they are watching this happen in real time.

Businesses struggle under layers of regulation and insecurity. Historic neighborhoods in cities such as London, Paris, Brussels, and parts of Germany face growing tensions between communities living side by side but not necessarily living together. In too many places, political leaders have become hesitant to speak honestly about integration failures for fear of being labeled intolerant or divisive. Yet avoiding difficult conversations does not eliminate problems; it merely delays them until frustration hardens into anger.

This is why political movements once considered fringe are now gaining traction throughout Europe. Voters are not simply reacting to economics. They are reacting to a deeper fear that their nations are losing coherence, confidence, and cultural continuity. People want safe streets. They want functioning schools. They want borders that mean something. They want governments willing to defend the rule of law consistently and unapologetically.

And Americans should understand clearly why this debate resonates so strongly at home.

Many believe that the United States would have headed down a similar path had Vice President Kamala Harris been elected president and continued the policies of the previous administration. Whether one agrees with that assessment or not, the concern itself reflects a growing anxiety felt across the Western world: that governments have become more focused on symbolic compassion than sustainable governance.

But this conversation must be approached with moral clarity and balance.

Immigration itself is not the enemy. In fact, immigration has been one of the great strengths of both America and many European nations for centuries. The United States remains history’s greatest example of people from vastly different backgrounds building a common national identity rooted in shared civic values rather than bloodlines or ethnicity.

However, the key word is assimilation.

Successful societies require more than diversity. They require unity of purpose. They require a shared language of civic responsibility, mutual respect, constitutional order, and national loyalty. People can absolutely preserve the beauty of their cultural traditions, religious practices, cuisine, music, and family customs while still embracing the values and identity of the country they are joining.

America succeeded for generations because millions of immigrants came not merely seeking economic opportunity but seeking to become Americans.

That distinction matters enormously.

Previous generations of immigrants often viewed assimilation as a source of pride rather than oppression. Italian, Irish, Jewish, Korean, Indian, Vietnamese, Nigerian, Cuban, and countless other communities maintained elements of their heritage while simultaneously embracing the broader American civic culture. Their children attended U.S. schools, learned English, served in the military, opened businesses, participated in civic life, and gradually became woven into the national fabric.

And importantly, this process continues to endure successfully in many places today.

One can look across countless immigrant communities throughout the United States where assimilation and cultural pride coexist beautifully. Indian American families dominating medicine, engineering, and entrepreneurship while maintaining strong family traditions. Nigerian immigrants excelling academically and professionally while contributing deeply to churches, local businesses, and civic institutions. Hispanic immigrants serving in law enforcement, the armed forces, and small-business ownership while maintaining rich linguistic and cultural traditions. Asian American communities revitalizing neighborhoods, building thriving schools, and producing some of the highest educational outcomes in the country.

These examples remind us that assimilation does not require cultural erasure. It requires civic alignment.

The problem emerges when political leaders encourage fragmentation over integration when multiculturalism evolves into parallel societies separated by language, values, expectations, and allegiance. A nation cannot endure indefinitely if large groups increasingly identify more with grievance, tribalism, or foreign conflicts than with the country they now call home.

Europe is confronting this tension directly.

In parts of the UK, France, Belgium, and Sweden, leaders are now facing difficult questions about whether integration policies failed to create a strong enough shared national identity. Rising crime, anti-Semitism, extremist ideologies, gang violence, and social unrest have intensified concerns among ordinary citizens who feel dismissed whenever they raise legitimate worries about assimilation, public safety, or cultural cohesion.

Yet this issue must never become an excuse for hatred or blanket condemnation of immigrants themselves. That would betray the very values Western civilization claims to defend. The overwhelming majority of immigrants come seeking peace, opportunity, safety, and dignity for their families. Most are hardworking, law-abiding, and deeply patriotic toward the nations that welcomed them.

But nations also have the right—indeed, the obligation—to expect those entering legally to respect the law, contribute productively, learn the culture, and embrace the civic values of their adopted homeland.

Without that expectation, societies eventually lose the trust and shared identity necessary for democracy itself to function.

History repeatedly teaches the same lesson. Civilizations rarely collapse overnight from external invasion alone. More often, they weaken gradually from within through cultural uncertainty, institutional decay, leadership paralysis, declining civic confidence, and an unwillingness to defend the principles that created stability in the first place.

The challenge facing the West today is not whether immigration should exist. Immigration will always exist. The real question is whether leaders still possess the wisdom and courage to preserve social cohesion while remaining humane, lawful, and fair.

Because compassion without order eventually produces chaos.

And order without compassion eventually produces cruelty.

Great nations require the discipline and maturity to uphold both simultaneously.

Tyler Durden
Thu, 05/28/2026 – 06:30

Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates

Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates

Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure.

UBS analyst Catherine Gordon is attributing the surge in solar stocks to falling yields and renewed policy momentum. A potential Section 232 tariff announcement in mid-to-late June is adding fuel to the rally, with First Solar leading the charge.

The UBS Solar basket (UBXXSOL) is now up 40% year-to-date.

Gordon provided more context on what’s powering UBXXSOL higher:

Clean tech names are outperforming again on Tuesday, with solar leading higher alongside more speculative growth baskets as yields move lower. The backdrop has been broadly supportive, with the UBS Solar basket (UBXXSOL) now up 33% MTD.

First Solar is the standout mover, with the stock trading around $268 and continuing to rally in anticipation of a potential Section 232 tariff announcement in the near term. Earlier today, Windham hosted Toyo Solar on a call, where the company indicated that mid‑ to late‑June could be the timing for Section 232, with measures potentially including a minimum import price alongside tariffs. There is also scope for domestic manufacturing investments to be used as an offset to tariff liability.

The prevailing dynamic has been “buy the rumor and buy the news,” with momentum building into the expected policy update. Beyond S232, the next key catalyst for First Solar (FSLR) is likely to be order commentary on 2Q earnings calls.

Elsewhere, sentiment remains constructive across parts of the solar complex, with Nextracker (NXT) still viewed as a core holding. On the residential side, there have been questions around the sharp moves in SolarEdge (SEDG) and Enphase Energy (ENPH). Enphase’s recent announcement around a solid‑state transformer appears to have driven a short squeeze. However, this is not viewed as a differentiated development, with multiple electrical equipment players — including Schneider Electric and ABB — already pursuing similar technologies. Against that backdrop, the residential rally looks vulnerable to fading.

Last month, Goldman analyst Brian Lee told clients that Utility-scale demand remains resilient amid pricing volatility, while residential stays challenged but with cleaner channel conditions.” Professional subscribers can read the full GS note here at our new Marketdesk.ai portal.

Tyler Durden
Thu, 05/28/2026 – 05:45

NATO 3.0: Report Details ‘Fundamental Restructuring’ Of US Commitments

NATO 3.0: Report Details ‘Fundamental Restructuring’ Of US Commitments

Via The Cradle

The US is moving forward with a “fundamental restructuring” of its commitments to European security, transitioning from the traditional “burden sharing” strategy to that of “burden shifting,” according to a Der Spiegel report published on May 26.

Under the new vision dubbed “NATO 3.0,” Washington expects European allies to assume responsibility for the continent’s entire conventional defense.

Source: Dunya

In this new framework, the US will primarily provide a nuclear deterrent rather than the broad military support it has historically guaranteed.

This transition, which the report notes has blindsided European officials, involves drastic reductions in US military assets previously committed to the “NATO Force Model.”

Alexander Velez-Green, an envoy to US Secretary of Defense Pete Hegseth, recently informed allies that Washington intends to cut its contribution of fighter jets by one-third and significantly reduce the number of strategic bombers, navy destroyers, and aerial refueling aircraft

The report notes that the US plans to stop providing submarines to the NATO pool entirely and expects Europeans to supply their own reconnaissance and armed drones.

The primary driver for this withdrawal is the US military’s pivot toward the Asia-Pacific, though officials also cited the need for flexibility to commit assets to military campaigns in West Asia and the Western Hemisphere. 

Washington reportedly seeks to prepare for a potential “two-front conflict,” noting that US intelligence identifies 2027 as the “key date” when China may be capable of launching an offensive against Taiwan.

Given the possibility, the US no longer wishes to have its key assets “tied up” by fixed NATO commitments.

The report highlights an intensely fast-paced transition, with the US demanding that European allies present specific offers to fill these newly created military gaps by early June, aiming to formalize the new model at the July summit in Ankara.

While NATO leadership officially portrays the move as a way to reduce “over-dependence” on the US, European diplomats find the requirements far more severe than anticipated, with European leaders reportedly stunned by the scale and speed of the requirements. In secret meetings, some representatives even interpreted the US insistence on rapid compliance as an “indirect threat” toward those who fail to act quickly.

In line with the new “burden shifting,” US President Donald Trump announced on May 22 that he would send an additional 5,000 troops to Poland – a move reportedly driven by his personal relationship with and endorsement of Polish President Karol Nawrocki

This decision has “stirred confusion” within the Pentagon, as it contradicts earlier orders to reduce the US military presence in Europe, such as the planned withdrawal of over 5,000 soldiers from Germany.

While Polish leadership welcomed the surge, US defense officials and diplomats have criticized the shift as impulsive, noting that it creates a sense of strategic inconsistency just as the US prepares to brief NATO allies on its future military footprint. 

Tyler Durden
Thu, 05/28/2026 – 05:00

The Gen Z Workforce In The UK Is Demanding Less Alcohol At Company Socials

The Gen Z Workforce In The UK Is Demanding Less Alcohol At Company Socials

For years, workplace culture has revolved around one thing: drinks after work. But Gen Z in the UK is starting to push back — and companies are beginning to notice, according to a new study from Diamond Interiors.

The study says that a growing number of younger employees say they would rather skip alcohol-focused work socials altogether. In a recent survey of Gen Z office workers, half said they preferred social events that don’t centre around drinking. It’s a small detail on the surface, but it reflects a much wider shift in how the next generation views work and workplace culture.

Don’t tell the banking industry in London, that’s for sure…

For previous generations, bonding with colleagues often meant pub trips, networking over cocktails, or team nights out that stretched late into the evening. Gen Z workers, however, are drinking less overall and are more likely to prioritise wellness, mental health, fitness, and financial stability. For many, alcohol simply isn’t as central to social life as it once was.

There’s also a stronger focus on inclusivity. Younger workers are more aware that not everyone wants — or can afford — to participate in drinking culture. A work social built around alcohol can feel limiting rather than welcoming.

That doesn’t mean Gen Z is rejecting workplace friendships. In fact, many still value strong team relationships. They just prefer different environments: coffee catchups, team lunches, fitness classes, volunteering events, or activities that don’t come with pressure to drink.

The change fits into a broader pattern across the workforce. Gen Z employees are questioning long-standing workplace norms, from strict office hours to rigid management styles. Many are less interested in “office culture” for the sake of appearances and more focused on balance, comfort, and genuine connection.

For employers, the message is clear. The old model of workplace bonding won’t disappear overnight, but it no longer works for everyone. Companies that rethink social culture — and offer more flexible, inclusive ways for employees to connect — may find it easier to attract and keep younger talent.

In other words, Gen Z isn’t ending workplace socializing in the UK. They’re just redefining what it looks like.

Tyler Durden
Thu, 05/28/2026 – 04:15

EU Emissions Trading Expansion And The Pressure On German Aviation Industry

EU Emissions Trading Expansion And The Pressure On German Aviation Industry

Submitted by Thomas Kolbe

Germany’s leading airline Lufthansa is closing its regional subsidiary CityLine, while low-cost carrier Ryanair is scaling back its Germany operations. Airport locations are under increasing pressure, with tens of thousands of jobs at stake. And how does politics respond to this veritable crisis? Naturally, with further levies.

In this case, it was the EU Commission that came forward with the proposal to extend the EU Emissions Trading System (ETS) to international flights departing from Europe. Another new charge, wonderful. And this in the midst of the most severe recession since the post-war period.

The regulation could take effect from 1 January 2027, should the relevant institutions and national legislators adopt it. The motivation to push this process forward efficiently and with minimal bureaucracy is clearly present, as at least €11 billion, and possibly up to €13 billion, in tax revenue is at stake. What is rarely discussed: a small portion of this additional revenue is expected to remain in Brussels – another covert step by the EU Commission under Ursula von der Leyen toward fiscal autonomy.

From the perspective of Brussels and Berlin policymakers, there is a positive side effect: alongside the fiscal dimension, they would also move closer to their ideological goal of gradually immobilising European citizens – a key component of the economic “death agenda” of the Green Deal.

As a European taxpayer, one has become accustomed to absorbing such measures. Few now expect anything other than new taxes and increasingly granular regulation from the labyrinthine EU apparatus. Brussels no longer makes any secret of its shift toward implementing degrowth ideology through an unprecedented tax drive. This occurs at a time when hundreds of thousands in Germany alone lose their jobs every year – while politicians beyond the so-called firewall are thriving on taxation policy.

So far, media camouflage has worked: politics floods the public sphere with a pseudo-debate about relief for citizens, only to simultaneously increase the tax burden elsewhere. The best example is the so-called fuel discount – a temporary reduction of a levy financed by permanent increases elsewhere, as it is often phrased. It is perverse: politics now treats taxpayers’ money as self-evident, as mere disposable mass for the political class. This smells of feudalism and has little to do with the idea of the sovereign citizen.

Consequently, travel itself is increasingly seen in these circles as objectionable, as an act of presumptuous freedom. The citizen’s scope for action must be restricted, their existence in an eco-dystopia effectively managed. It is therefore logical that travel is to become significantly more expensive. An extension of the CO₂ regime to international flight tickets would increase prices by up to 15 percent in the first year. Combined with annual price increases due to the shrinking supply of CO₂ certificates, foreign travel would soon become a luxury.

Ryanair CEO Michael O’Leary is one of the few well-known executives openly resisting European degrowth policy. His company has reduced its presence in Germany by around 40–50 percent in recent years and cut numerous routes – affecting airports such as Frankfurt-Hahn, Weeze, Berlin, and Hamburg. Too expensive, too heavily regulated, and increasingly hostile to business – O’Leary is saying what virtually every company leader, CEO, and SME operator not dependent on green subsidies would say daily.

German policy in particular extracts a significant share of domestic air travel costs, up to around 60 percent of ticket prices. Whether VAT, CO₂ charges, or airport fees – operations are becoming increasingly unprofitable, and passengers are being pushed toward rail as an alternative. This policy has consequences: since the lockdown shock six years ago, domestic air traffic has not recovered and remains about 50 percent below 2019 levels. Numerous airport locations have come under pressure and thousands of jobs have been cut.

It is difficult to estimate precisely, but direct and indirect job losses in Germany’s aviation sector since 2019 likely amount to up to 50,000 positions. Lufthansa alone has cut more than 10,000, Airbus over 5,000 jobs in Germany.

The campaign by German policymakers against successful airlines like Ryanair, which are being systematically pushed abroad, fits into the broader pattern of the current governing coalition. A hostile, ideologically charged regulatory and tax policy is a continuation of the strategy of the “traffic light” coalition, intensified by the economic hammer of CO₂ taxation, increasingly used to eliminate undesirable industrial sectors.

We should not fool ourselves: the relentless struggle of eco-socialists against the free economy – and thus above all against industry, which must be understood as the indispensable productive foundation of our society – is now becoming visible, as EU climate policy becomes increasingly isolated globally.

Ironically, the Intergovernmental Panel on Climate Change (IPCC) itself has dismantled the apocalyptic narrative of a burning planet that was persistently constructed over decades. This renders Brussels’ and Berlin’s nihilistic climate policy absurd – a fact largely drowned out in the overheated media noise. In the “Gaulish village” of German world-savers, an intellectual and ideological ice age still prevails.

* * *

About the author:  Thomas Kolbe, a German graduate economist, has worked for over 25 years as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination.

Tyler Durden
Thu, 05/28/2026 – 03:30

Angela Merkel Receives EU “Order Of Merit” For Helping To Destroy Europe

Angela Merkel Receives EU “Order Of Merit” For Helping To Destroy Europe

The event passed with little fanfare in the international media.  The European Union held its first ever event to honor laureates of the European Order of Merit, meant to honor influential political and social figures who made significant contributions to the “integration” of the EU experiment.  

Out of the 20 nominees, 13 laureates attended the ceremony in the Parliament’s hemicycle in Strasbourg and addressed the Chamber, following their acceptance of the award from European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen.  Among these attendees was former German Chancellor Angela Merkel.

Merkel wore the award with visible glee, then took to the podium to praise the European Union system.  She then called for further expansion of the EU bureaucracy’s efforts to silence dissent on mass immigration by “regulating” (censoring) social media.  

Anti-immigration movements in the UK and EU are fast becoming political juggernauts, largely due to the rising crime and cultural erasure caused by the invasion of millions of third-world asylum seekers, many of them from Islamic nations.  The ideological and religious beliefs of these migrants is completely contrary to western values, which is causing social strife among native Europeans.

Not surprisingly, millions of Europeans are no longer willing to tolerate the death of western civilization.  Movements for remigration are growing exponentially, and EU globalists are scrambling to stop them, largely through online censorship and “hate speech” laws. 

Merkel played an integral role in the destruction of Europe when, in 2015, her government triggered an open borders bonanza.  Using the war in Syria as a foil, Germany, the UK and a handful of other governments pushed for Europeans to embrace a flood of millions of third-world asylum seekers in 2015.  

Initially, officials like Merkel claimed the process would be temporary and that the migrants were coming from war-torn regions.  This was a lie.  Instead, migrants poured into Germany under the expectation that they were going to gain access to European wealth, and they did, to some extent. 

Around 60% of German welfare recipients are migrants or the children of migrants.  The asylum seekers dug in like ticks and never left Europe.  Under the EU’s border policies, once migrants entered one member nation they could then spread to any other member nation.  Germany demanded that the union share the burden of the millions of migrants seeking easy riches.  A large number of migrants were not from Syria, but exploited the asylum process anyway. 

Europeans were told that they were helping desperate families.  They were told that migrants were going to boost the EU economy and jump-start the labor pool.  They were told that migrants would integrate into western society and that multiculturalism was the future of the world. 

In reality, 55% to 65% of all migrants are single, military-age males.  Germany’s economy (and most of the EU) is in steep decline.  Third world migrants are tribal and view Europeans as a population to be conquered.  Islamic migrants see the open borders event as a once in a lifetime opportunity to finally subjugate the west from the inside in what they often refer to as “stealth jihad”.  Multiculturalism is now viewed as the bane of Europe as the region accelerates into collapse. 

Today, native Europeans are admonished as “xenophobic” for their opposition to open migration.  EU officials claim that the population flux is necessary to make up for colonialism, the wars in the Middle East, even man-made climate change (which does not exist).  In other words, Europeans are expected to feel shame for the success of the west. 

The celebration of leaders like Merkel is a celebration of sabotage.  It doesn’t make much sense until one understands that the entire goal of multiculturalism is the destruction of western societies and their principles.  In the eyes of globalists, Merkel is truly a hero.    

Tyler Durden
Thu, 05/28/2026 – 02:45

Spare Me Another Pride Month!

Spare Me Another Pride Month!

Authored by Dave Summers via DailySceptic.org,

Are you aware? Really aware? Or are you like me, struggling to keep up with the blizzard of social and political awareness events that bring a rich texture to our lives?

Do you worry that you can’t recall if Black History Month – that time when I approach my BAME colleagues with even more reverence than usual – is in June or July? Are you confused as to whether Pride Month and LGBT History Month are the same or distinct entities? Have you kept pace with the latest incarnation of their life-affirming, multicoloured flag? Does your wife frown at you because Menstrual Hygiene Day has passed you by? Have you forgotten World Alzheimer’s Day again?

Then worry no more – help is finally at hand, in the shape of the Awareness Calendar, your one-stop source of those important dates that can be handily pinned to your fridge door.

The calendar, stuffed tighter than a drag queen’s corset, is a golden treasury of opportunities to remind yourself of those burning issues that might otherwise have easily slipped away in the busy working week.

Are you that loser who still carries your butty box around in a holed plaggy Co-op bag rather than one of the several ‘Bags For Life’ you have crammed into a kitchen cupboard? Plastic Bag Free Day on July 3rd has got you covered. Still hyperventilating about CFCs’ part in the destruction of the planet? Then the International Day for the Preservation of the Ozone Layer on September 16th is your thing. Or perhaps you are racked with guilt by your mindless mowing down of a squirrel on your journey into work? If so, Animal Road Accident Awareness Day on 10th October ought to assuage (or heighten) your remorse. Perhaps you’re tormented by the knowledge that you once slurped through a single-use straw in 2015? World Refill Day on 16th June has you in its sights. Or maybe you’ve let yourself down again with incorrect pronoun etiquette? International Pronouns Day on 21st October is waiting to correct you.

Schools, colleges and, I suspect, many large institutions love this endless parade of themed months, days and observances, each demanding veneration and performative allyship. Black History Month is huge in my school, with each department being tasked to create displays that look to “celebrate the achievements, history and contributions of Black people”. In my leafy shire, largely untouched by the ‘diversity’ of urban centres (unless you include the burgeoning numbers of Hong Kong Chinese), this is a task that feels entirely performative and strange. Consequently, English display boards are adorned with the stately Maya Angelou who gazes down imperiously on the bemused in every classroom. The occasional working-class writer might have more resonance to some of our kids, but good luck finding an image of a D.H. Lawrence or Shelagh Delaney.

The English department can, however, ace Pride Month – there’s never been a shortage of gay wordsmiths throughout history. But pity the poor maths students who will discover that a single omnipresent image of Alan Turing does an awful lot of heavy lifting in their discipline.

I console myself with the thought that all this virtuous bluster is altruistic in origin, shining a light on overlooked issues.

But in reality, it’s catnip for middle managers desperate for something – anything – to put on their annual appraisal under ‘Diversity and Inclusion’.

Consequently, in its smothering ubiquity, it ends up diluting anything good into mere background noise.

When every day is somebody’s awareness day, none stand out.

A quiz to finish: how many of the following awareness days are real and how many the product of my fevered imagination?

  • Winnie the Pooh Day

  • World Hand Hygiene Day

  • Gypsy Roma and Traveller History Month

  • International Kissing Day

  • World Town Planning Day

  • International Talk Like a Pirate Day

Answer: They’re all real. Haharrrr, me hearties!

Tyler Durden
Thu, 05/28/2026 – 02:00