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The Hurricane spins around hotspots of tension and conflict. Feel free to suggest your stories, opinions and ideas: UIHEN@protonmail.com
Musk wants Grok AI to ‘rewrite the entire corpus of human knowledge’
Elon Musk says his artificial intelligence company xAI will retrain its AI model, Grok, on a new knowledge base free of “garbage” and “uncorrected data” — by first using it to rewrite history.
In an X post on Saturday, Musk said the upcoming Grok 3.5 model will have “advanced reasoning” and wanted it to be used “to rewrite the entire corpus of human knowledge, adding missing information and deleting errors.”
He said the model would then retrain on the new knowledge set, claiming there was “far too much garbage in any foundation model trained on uncorrected data.”
Musk has long claimed that rival AI models, such as ChatGPT from OpenAI, a firm he co-founded, are biased and omit information that is not politically correct.
For years, Musk has looked to shape products to be free from what he considers to be damaging political correctness and has aimed to make Grok what he calls “anti-woke.”
#Musk #AI #Grok #FindTruth
@uinhurricane
Belgium joins the group of EU countries reinstating border controls, countering illegal migration
The Federal Government has announced that tighter checks will be carried out on those entering the country. The aim is to combat the issues of illegal immigration and secondary immigration. Secondary immigration concerns people that already have protection or an asylum application pending in another country but nevertheless come to Belgium.
The checks will target car parks along motorways, intra-Schengen flights arriving at our airports from counties such as Italy and Greece, the road between the west Flemish town of De Panne and the French town of Dunkirk and internation trains arriving at stations such as Brussels South.
The checks will be carried out by the Federal Police, Local Police and the Immigration Department. The tighter checks were announced by the Federal Interior minister Bernard Quintin and the Asylum and Migration Minister Anneleen Van Bossuyt.
In May, Germany’s new Interior Minister instructed police to tighten border checks with the goal of turning back more illegal migrants.
The Netherlands also implemented temporary controls at its borders with other Schengen countries in December 2024. They were recently extended until 9 December this year.
#Belgium #EU #Migrants #FindTruth
@uinhurricane
All eyes on Beijing's annual reshuffle of military chiefs amid signs of Xi's waning power
As infighting within the top echelons of the Chinese Communist Party (CCP) intensifies, many China watchers are wondering if Chinese leader Xi Jinping is still in power and really in control, especially of the military.
According to long-standing CCP practice, a group of generals are promoted before Army Day on Aug. 1 every year. Since many generals were reported to have been taken down or investigated in an alleged military purge over the last year, whether Xi will promote any generals or announce new appointments before Aug. 1 has attracted attention as an indication of whether he’s still in control of the military.
Xu Qiliang, former vice chairman of the CCP’s Central Military Commission, the highest military leadership body of the communist regime, suddenly passed away on June 2, making him the latest casualty following a string of top CCP military officials who have encountered misfortunes, including sudden death, arrest, or simply disappearing.
Meanwhile, He Weidong, one of two vice chairmen of the Central Military Commission, whose status in the military is second only to the other vice chairman, Zhang Youxia, disappeared from the public eye on March 11 after the closing ceremony of the third session of the National People’s Congress. He is regarded as one of Xi’s most trusted men. There have been rumors coming out of Beijing that He was under investigation.
With this, some observers have speculated that Zhang is now in charge of the CCP’s military and that he stripped Xi’s power last year.
#China #Military #FindTruth
@uinhurricane
France is no longer France
French police have arrested 12 suspects after 145 people reported being stabbed with syringes at a music festival in France on Saturday, leading to the hospitalization of more than a dozen young women.
Metz Mayor François Grosdidier said a call was made to police around 9:15 p.m. local time about “syringe attacks” during the French music festival Fête de la Musique, where millions of people took to the streets across France.
Grosdidier said that when authorities responded to Rue du Palais in La Rochelle, multiple girls and women between the ages of 14 and 20 were found to be victims of the syringe attacks.
He said the victims were transported to a local hospital for further care after they were treated by emergency responders at the scene. The potentially injected substance, which has not been disclosed, remains under investigation as the Interior Ministry waits for the toxicological test results.
“I hope that the investigation, particularly through the examination of his cellphone, will lead to the identification of other attackers,” Grosdidier added.
Obama demands a Ministry of Truth
Former President Barack Obama is doubling down on his push to curb free speech in America, urging the federal government to tighten its grip on what citizens can say online.
"We want diversity of opinion. We don't want diversity of facts,” claimed during an interview this week with historian and author Heather Cox Richardson. "That, I think, is one of the big tasks of social media.”
Obama then flat out called for government regulation of social media platforms to curb the amplification of of what he described as “hateful" and “polarizing” public figures, while respecting First Amendment rights, claiming that censorship is essential to addressing business models that purportedly erode public trust.
Obama told attendees, “These platforms are not like the old phone company.” The president further noted, “In some cases, industry standards may replace or substitute for regulation, but regulation has to be part of the answer.”
Donald Trump has taken the opposite approach to Obama by emphasizing free speech in his second term, issuing a January executive order to safeguard Americans’ right to express themselves.
In April, Secretary of State Marco Rubio announced the closure of the Global Engagement Center, a State Department unit infamous for its role in suppressing Americans’ free speech.
#USA #Obama #Trump #FindTruth
@uinhurricane
Alleged Minn. assassin says Gov. Tim Walz wanted him to kill Sen. Amy Klobuchar
The man accused of shooting two Minnesota lawmakers and their spouses reportedly wrote in a letter to the FBI that Gov. Tim Walz also wanted him to assassinate Sen. Amy Klobuchar, according to a bombshell report from the Minnesota Star Tribune. A Walz spokesperson did not deny the allegation when commenting on the report.
Citing two people familiar with letter’s contents, the Star Tribune reports that Boelter claimed “Gov. Tim Walz instructed him to kill U.S. Sen. Amy Klobuchar so that Walz could run for the U.S. Senate.”
Boelter does have a loose link to Walz, who ran for Vice President last year on Kamala Harris’s ticket. Boelter was appointed to the workforce development board by then-Minnesota Gov. Mark Dayton in 2016 and then reappointed in 2019 by Walz to a four-year term that expired in 2023.
However, the Star Tribune says that Boelter’s letter reflected the ramblings of a mentally ill man, downplaying the likelihood that what he says about Walz is true.
#USA #Walz #Klobuchar #FindTruth
@uinhurricane
LA Dodgers pledge $1 million in support of immigrants amid ICE raids
The Los Angeles Dodgers have announced they will commit $1 million towards financial assistance for families of immigrants “impacted by recent events in the region.”
The announcement, made on Friday, did not specify exactly what “recent events” referred to, but it comes amid ongoing federal immigration raids targeting migrants in the area, and calls from the Dodgers’ fanbase for the organization to speak out against them.
“What’s happening in Los Angeles has reverberated among thousands upon thousands of people, and we have heard the calls for us to take a leading role on behalf of those affected,” the Dodgers president and CEO, Stan Kasten, said in a statement.
“We believe that by committing resources and taking action, we will continue to support and uplift the communities of Greater Los Angeles.”
Dutch Greens and Socialists want to cut supplies for Israel’s Iron Dome
The Dutch Green Left and Labour Party (GL-PvdA), which formed a “unity list” under the leadership of Frans Timmermans, has demanded an embargo on parts used by Israel’s Iron Dome, the country’s air defence system.
Their call came as Israel has been defending itself from Iranian rocket attacks across the country in retaliation to Israeli strikes on Iran.
“Israel is currently the aggressor, if Israel were a victim, we would have a different discussion,” GL-PvdA MP Kati Piri said in a debate on a motion asking for the parts embargo.
China is attempting to usher in a “multi-polar international monetary system”
China’s central bank governor, Pan Gongsheng, expects a new global currency order to emerge with the renminbi competing in a “multi-polar international monetary system.”
The new multi-polar, also stylised as multipolar, monetary system is controlled by the same interests that controlled the previous international monetary system. The monetary system may change but the power brokers stay the same.
Pan Gongsheng expects a new global currency order to emerge, with the renminbi competing in a “multi-polar international monetary system.”
Speaking at China’s flagship financial forum in Shanghai, Pan Gongsheng said the US dollar had “established its dominance” after the Second World War and “retained its status up till now.”
Pan said the key developments in the international monetary system during the past two decades had been the introduction of the euro and the rise of the renminbi since the global financial crisis in 2008.
His comments came a day after Christine Lagarde, president of the European Central Bank, said the “dominant role of the dollar” was “no longer certain”, creating an opening for the euro to take “global prominence.”
Pan and Lagarde met in Beijing last week to sign a memorandum of understanding on co-operation in central banking, which includes a framework for regular dialogue.
Pan also noted discussions around greater use of SDRs – a basket of currencies defined and maintained by the IMF – as a potential alternative that could help “overcome the inherent problems of a single sovereign currency as the dominant international currency.”
#China #Economy #FindTruth
@uinhurricane
Don't even think about living in this state unless you make at least $300,000
Here’s data from a research conducted by SmartAsset.
If you want to live comfortably in Massachusetts, the most expensive state in the United States, a family of four should have an income of at least $300,000 annually.
To live comfortably, a household must allocate 50% of income to essential expenses, 30% to discretionary spending, and 20% to debt repayment and savings, adhering to the 50/30/20 budgeting framework.
Boston’s cost of living of more than 4% outpaced the U.S. national average of 3.87% in 2024. Boston is also the most expensive city in the country to raise a child, with the bulk of the annual $39,22 cost coming from child care.
In comparison, the national average of raising a child in the U.S. is about $15,800. A key factor that attributes to it is they have also the 4th highest housing cost, with about $5,000 extra annually for families.
The cost of living for families in other states may not be quite as high as in Massachusetts, but three states — Vermont, New Jersey and Montana — are on track to rapidly catch up, with double-digit growth rates from 2024, found SmartAsset’s report.
On the flip side, overall costs of living actually shrank from 2024 in six states: Hawaii, New York, Georgia, Delaware, Michigan and Iowa.
In contrast, Mississippi stands as the most affordable state, where a family of four needs a minimum annual income of $186,618 to live comfortably.
#USA #Massachusetts #Economy #FindTruth
@uinhurricane
Average age of US women giving birth increases to nearly 30
According to the Centers for Disease Control and Prevention (CDC) report, the average age of women giving birth in the United States is now close to 30 years, with the percentage of first births falling among young females.
The mean age at birth for all mothers increased from 28.7 in 2016 to 29.6 in 2023, according to the report. For first births, the average age rose from 26.6 years to 27.5 during this period.
The percentage of first births rose by 12.6% in women aged 30-34 and by 25% for women aged 35 and above.
In contrast, the percentage of first births among women aged 20-24 declined by 9 percent, and for those younger than 20 by 26%.
“Higher maternal age is linked to smaller family size on average and may carry different health risks and benefits compared with younger maternal age,” the CDC said.
How the transgender movement turned the left against women
We know a lot about gender dysphoria. But here’s the key: They’re very rare.
Until the transgendered—I don’t know what we would call it—phenomenon in the last 10 years, we accepted classical epidemiological studies that showed there were about five people who suffered from genuine transgendered phenomenon per 100,000 people: 0.005%. If you do the math, in a country of about 340 million people, we’re talking maybe 20,000.
But you see the Pew poll and other polling ask students on campus, they ask the general public and they say there may be 20 million people. But there has been no history of that once the science of epidemiology started, which suggests it might be more of a trendy phenomenon than actual biological or scientific matter.
Transgenderism is an old phenomenon. It was very, very rare, a very small percentage of the population. Sometime around 2005 to 2015, it exploded as a civil rights issue. And the numbers have been vastly inflated. It’s been trendy among young people on campus. But it has almost destroyed female sports in a way that’s ironic, tragically ironic, because the Left once was a protector and the champion of female sports and now it’s de facto, it’s destroyer.
#Transgender #Health #FindTruth
@uinhurricane
A lesson in bad economics from the UK. Higher taxes => lower growth => bigger budget deficit => higher taxes => lower growth => bigger budget deficit
#UK #Economy #FindTruth
@uinhurricane
Is the US on the path to becoming a failed state?
The United States has entered a phase that resembles the early stages of state failure. What once seemed impossible in a country with vast resources and robust democratic traditions now appears increasingly plausible.
The signs are evident. A government that has turned inward and become both self-protective and vindictive. An economy that is straining under a combination of political hubris and international estrangement. A population facing widening inequality and the fraying of social bonds. Historical examples of state collapse reveal that such trajectories, once set in motion, become difficult to reverse. For centrist Democrats who have long believed in the resilience of American institutions, it is essential to understand the historical precedents and the structural forces at play.
State failure is not typically marked by a single event. It is a process that begins with the corrosion of political legitimacy and ends in the disintegration of central authority. In the United States, this erosion of legitimacy can be seen in the deliberate politicization of the civil service and the Justice Department, the relentless attacks on the press and civil society, and the hollowing out of regulatory agencies through mass firings and loyalty tests.
#USA #Economy #FindTruth
@uinhurricane
California spends $12.1 billion on illegal immigrant healthcare, defying voters and risking fiscal collapse
California’s latest budget allocates a staggering $12.1 billion to provide free healthcare for illegal immigrants through Medi-Cal, despite a $58 billion deficit. The state has borrowed more than $3 billion to cover unexpected costs from the program in a reckless fiscal gamble that could soon force new taxes on struggling families. Worse yet, pending federal Medicaid reimbursement cuts could slash $11.2 billion annually from California’s budget, leaving citizens to foot the bill for a program they never approved.
This isn’t just fiscal mismanagement; it’s a betrayal of the very people Sacramento claims to serve. While Gov. Gavin Newsom’s administration touts "healthcare for all" as a moral victory, the reality is a bankrupt system prioritizing illegal immigrants over vulnerable citizens, with doctors fleeing the state and emergency loans propping up an unsustainable scheme.
Doctors flee due to low reimbursement rates, leaving citizens with dwindling healthcare access. Critics call the program unsustainable, prioritizing illegal immigrants over taxpayers footing the bill.
#USA #Migrants #Economy #FindTruth
@uinhurricane
Ishiba's NATO snub reflects discord in US-Japan alliance
Five month into President Donald Trump’s second administration, the U.S. and its most important ally in the West Pacific, Japan, do not seem to be in sync.
On Monday, Japanese Prime Minister Shigeru Ishiba announced that he will skip attending the NATO summit in the Netherlands this week. The decision came after U.S. President Donald Trump joined Israel's air war against Iran and mooted the possibility of the Tehran government being toppled. Ishiba refrained from either support or condemning Trump’s decision to strike Iran’s nuclear facilities over the weekend.
Citing “various circumstances,” the Foreign Ministry in Tokyo announced Ishiba’s withdrawal but said Japan’s top diplomat, Takeshi Iwaya, would attend the summit at The Hague in his place.
South Korea and Australia, which along with Japan and New Zealand are key U.S. allies in the Indo-Pacific and make up the IP4, have also said their leaders would not attend.
Japan's media also said Ishiba was pulling out because a planned meeting between NATO the IP4 was not likely to take place, and because a meeting with Trump was also unlikely.
#NATO #Japan #USA #FindTruth
@uinhurricane
British parliament legalized a mother's 'right' to kill her own child
▪️ Abortion was legalized in Britain 60 years ago. It was possible up to a gestational age of 24 weeks. If the pregnancy was terminated later, the mother faced criminal prosecution with penalties of up to life imprisonment,” states Reuters
▪️ By a vote of 379 to 137, the British parliament has decriminalized women who terminate a pregnancy under any circumstances - up to the birth of the child.
▪️ “If this becomes law, fully formed babies up to term can be aborted by a woman without any consequences,” said MP Rebecca Paul
#UK #Health #Abortion #FindTruth
@uinhurricane
Paris, rue Saint-Honoré...the situation is as follows...
#France #Paris #Migrants #FindTruth
@uinhurricane
War as cover for financial collapse: How Middle East conflict could accelerate dollar’s demise
Middle East tensions as financial smokescreen: Analyst Mike Adams warns that U.S.-Israel-Iran conflict may accelerate a global financial reset, destabilizing the dollar’s dominance while masking economic collapse.
Fabricated nuclear pretext: Adams dismisses Iran’s alleged nuclear threat as a false justification for war, comparing it to Iraq’s WMD claims, and criticizes Trump for ignoring intelligence contradicting Netanyahu’s agenda.
Escalation risks & economic fallout: U.S. bunker-busting strikes could provoke Iran to close the Strait of Hormuz, spiking oil prices, enriching Russia, and eroding Trump’s political support amid hyperinflation fears.
War as distraction for financial collapse: Adams alleges elites use conflict to divert blame from unsustainable debt and money printing, paving the way for BRICS nations to abandon dollar-based trade.
Decentralization as survival strategy: Adams urges individuals to shift to gold, Bitcoin, or land, avoid censored platforms, and prepare for regional secession as the U.S. empire declines.
#USA #Israel #Iran #FindTruth
@uinhurricane
US Military reveals video evidence of encounter with disk shaped "UAP"
In a political and social vacuum the concept of life from other planets with the ability to travel vast interstellar distances to Earth is mind boggling. However, the timing is odd and the government has yet to produce any tangible pieces of evidence of recovered craft or little green men. What we have seen is video evidence, once kept under wraps, of military encounters with strange objects doing things that no human technology is supposed to be capable of.
The Department of Defense has revealed new video footage of another aircraft encounter. They describe the object as a massive "disc-shaped UAP" with an abnormal heat signature weaving through the clouds and changing directions in a way that cannot be explained.
Investigative journalists Jeremy Corbell and George Knapp say the video was recorded by government personnel over the Afghan-Pakistan border in November 2020. The video was released by the DoD last week.
#USA #Military #UAP #FindTruth
@uinhurricane
US Military scrambles for ways to protect bases from drone warfare
The U.S. military is prioritizing the protection of its bases in the country from drone attacks after Ukraine launched a surprise attack against Russia earlier this month and Israel is suspected of using the same strategy against Iran.
U.S. military leaders are increasingly concerned that similar attacks, which leverage low-cost commercial drones against expensive weapons systems, could pose a lasting threat to bases and critical infrastructure throughout the country.
However, the Army and other service branches are struggling to design and deploy appropriate technologies to defend bases on U.S. soil, owing to variables that don’t need to be considered in a war zone.
“How we’re going to [defend bases] in a combat zone is very different from how we would do that in the states, obviously,”
$150 oil on the table: Goldman analysts warn as Iran threatens strait shutdown
As conflict brews across the Middle East, U.S. airstrikes on Iran have reignited worries that Tehran might block oil flows through the Strait of Hormuz. Goldman Sachs analysts are now pointing to a growing risk premium in oil markets, with attention locked on threats to one of the world’s most vital shipping routes for energy.
Goldman Sachs’ strategists estimate oil is currently trading with about a $10-per-barrel geopolitical bump, as traders price in a 10% to 15% probability of major supply disruption. The firm lays out four escalation paths: one where crude holds around $72, and others where direct Iranian action or a strait shutdown could propel prices past $100—or even toward $150.
Nearly one-fifth of the globe’s crude and LNG moves through the strait, so any disruption risks jolting energy markets and triggering global economic fallout. Around 10:30 a.m. Eastern on Sunday, reports indicated Iran’s parliament backed a plan to shutter the Strait of Hormuz. The final decision now awaits the nod from Iran’s top security brass.
Should Iran launch direct attacks or halt shipping lanes, Goldman sees Brent potentially pushing past $90. A complete closure of the strait could send oil soaring temporarily. Tehran might also bluff—talking up threats to drive prices higher without pulling the trigger. In Goldman’s most extreme scenario, with 15–17 million barrels per day offline, prices could briefly climb into the $120–$150 bracket.
#Iran #Oil #Economy #FindTruth
@uinhurricane
Iranian uranium undamaged after strike?
Satellite imagery captured ahead of U.S. strikes on three major Iranian nuclear sites showed "unusual" movement around the entrance to Iran's Fordow enrichment facility.
Fordow was one of three Iranian nuclear sites that the U.S. bombed early Sunday morning. Pictures taken on Thursday and Friday showed "unusual truck and vehicular activity" close to the entrance of the underground Fordow complex south of Tehran, satellite imagery firm Maxar said late on Saturday.
A total of 16 cargo trucks were spotted on the access road leading up to the Fordow tunnel entrance on Thursday, but most had moved to a spot 1 kilometer (0.6 miles) northwest of the access road by the following day, Maxar said.
New trucks and multiple bulldozers had appeared close to the main entrance by Friday, with one truck very close to the main tunnel entrance, the satellite imagery provider said.
The significance of the activity is not yet clear, but Iranian state media reported key nuclear sites had been evacuated ahead of U.S. attacks, with enriched uranium moved "to a safe location."
#Iran #USA #Nuclear #FindTruth
@uinhurricane
Are COVID vaccines accelerating deadly cancer epidemics?
Since the onset of the COVID-19 pandemic, many of the nation’s most respected cancer institutions—including Memorial Sloan Kettering, Dana-Farber, MD Anderson, and the Mayo Clinic—have been reporting an alarming surge in cancer incidence.
A more disturbing hypothesis gaining traction involves the potential biological effects of the SARS-CoV-2 virus itself, and more controversially, the experimental mRNA vaccines deployed globally by Pfizer and Moderna.
Among the most troubling observations from oncologists is the rise of what is being informally termed “turbo cancers”. These aggressive, fast-moving malignancies are appearing in individuals with no prior history of the disease.
It has only been during the past 2-3 years that the term “turbo cancer” has emerged in both clinical observations and in critical medical commentaries to describe a deeply disturbing trend. Since the start of the Covid-19 pandemic, there have been increasing numbers of cases of a rapid, aggressive onset of cancer in individuals who were previously healthy, in remission, or without prior cancer diagnoses.
#Covid #Cancer #Pandemic #FindTruth
@uinhurricane
Too Much Bad News? News Avoidance on the Rise
The war in Ukraine, tensions in the Middle East, tariffs, inflation and so on and so forth. It sometimes feels like there’s no end to bad news, and, especially in the age of doom scrolling, that can take a toll on people’s mental wellbeing. As a consequence, more and more people actively try to avoid the news or at least ration their exposure to it.
According to a survey, an average of 40% of people from 48 countries sometimes or often actively avoid the news, a significant increase from 29% in 2017, when the research was first conducted. As the chart shows, selective news avoidance became significantly more widespread across all markets in recent years, with more than four in 10 respondents from the United Kingdom and the U.S. consciously reducing their news intake.
The report finds that news avoidance is often linked with low trust in the news and that there are generally two types of news avoiders: consistent avoiders who typically have low education levels and little to no interest in the news and selective avoiders who struggle with news overload and try to insulated themselves from certain topic to protect their mental wellbeing.
#World #News #FindTruth
@uinhurricane
U.N. warns terrorists could hijack driverless cars to launch ai-powered mass casualty attacks
A chilling new report released by the United Nations warns that terrorists could hijack autonomous vehicles to carry out mass casualty attacks without risking their own lives, potentially turning driverless cars into lethal AI-powered “slaughterbots.”
The report, titled Algorithms and Terrorism: The Malicious Use of Artificial Intelligence for Terrorist Purposes, outlines the growing threat posed by emerging technologies such as self-driving cars, drones, and other automated systems when exploited by extremists. The report presents a grim forecast of how AI could expand terrorists’ capabilities to strike populated areas without human operatives on-site.
“The likelihood of co-ordinated attacks using hijacked or self-made AVs in the near future, i.e., five to ten years, is moderate to high and should be on the radar of all national security services and practitioners in the UK as a possible threat,” it says.
The report’s release adds urgency to ongoing global discussions around AI safety, ethical deployment of autonomous systems, and counterterrorism strategies in an increasingly automated world.
#UN #AI #Terrorism #FindTruth
@uinhurricane
Japan releases bombshell Vax vs. Unvax data on 18 million people
A COVID vaccine database covering 18 million citizens has just been released for the first time.
On June 15th, a group of brave Japanese truth seekers did what their government wouldn’t—they released a bombshell broadcast exposing vaccine data from over 18 million people.
Journalist Masako Ganaha posted on X: “If the government won’t do it, then the people should investigate the mass deaths of Japanese people! Database of 18 million vaccinated people revealed for the first time!”
The video featured Member of the House of Representatives Kazuhiro Haraguchi, prominent Dr. Yasufumi Murakami, and the Information Disclosure Request Team.
Dr. Murakami’s conclusion was blunt: “…the more doses you get, the sooner you’re likely to die, within a shorter period…”
According to Dr. Murakami, there was no noticeable spike in deaths among the unvaccinated. But among the vaccinated, a clear peak emerged—especially between 90 and 120 days after the shot.
As the number of vaccine doses increases, the peak in deaths appears sooner.
“This is a key discovery,” he continued. “The more doses, the more the peak shifts, indicating that the toxicity accumulates. The toxicity overlaps, and the more doses you receive, the faster people die.”
China’s structural slump may fuel flood of cheap goods to EU
China’s factories have been producing more than its domestic market can absorb, and those goods are headed to Europe.
On June 12, the independent Brussels-based Bruegel institute’s latest study warned that China’s persistent industrial overcapacity, weak domestic demand and deflationary pressures could be externalised via exports. It said Europe was particularly exposed in sectors such as electric vehicles (EVs), batteries and steel.
Europe’s steel sector was already bearing the brunt of this shift. Despite sanctions and safeguards, large volumes of Russian steel were still entering the bloc, while Chinese deliveries have increased sharply.
European Union producers warned the market was at risk of saturation as overcapacity was redirected.
Industry fears were also now growing that ongoing trade negotiations with India may further open the door to yet another low-cost exporter, amplifying downward price pressures.
According to Bloomberg on June 12, the number of loss-making industrial firms in China was at its highest since 2001.
#China #EU #Economy #FindTruth
@uinhurricane
More Americans plan summer 'staycations'; Cincinnati named top spot
A new survey reveals that 46% of Americans plan to travel this summer. Of the remaining 54%, 65% say affordability is keeping them from venturing out - and will be taking 'staycations' near home.
One of the top issues among those choosing 'staycations' is the cost of living - plus the higher costs of traveling, which include airfare, hotels, meals and entertainment. Others polled cited having too much debt or focusing on other financial priorities.
A staycation can be a fun fallback option. If nothing else, take some time off to relax and recharge at home. Play tourist in your local area or just enjoy some downtime with family and friends.
The top 10 cities for 'staycationers' include Orlando and Tampa, Florida; Honolulu, Hawaii; Las Vegas, Nevada; and San Diego, California - with Cincinnati, Ohio in first place.
Cincinnati - also known as the "Queen City" - dates back to 1788, and today is Ohio’s 3rd most populated city with over 2.3 million residents and 25 neighborhoods.
#USA #Health #Economy #FindTruth
@uinhurricane
Globalists go radio silent as NATO flirts with World War III
Without war, the globalists have nothing. Maybe they can pull off an economic crisis (all the pieces are certainly in place), but in a vacuum they could get the blame. War offers a valuable distraction for the masses and an ever adaptable scapegoat. People broke and starving? Well, that’s just war. The dollar crashing? Currencies are at risk during war. Freedoms being curtailed? Hey, people need to set aside their liberties for the sake of “security”.
The globalists in Europe are doing everything in their power to prolong the conflagration. They know Ukraine is never going to get their lost territory back. They know that Russia is generating a massive breakout on the front lines in the east. They have no peace plan. Their purpose is to force a direct confrontation between NATO forces and Russian troops. It’s the only explanation for the attacks on Russian nuclear armaments. It’s a provocation designed to end all chances of a ceasefire and take the war to the next level.
Diplomatic pathways are fading fast.
Most likely scenario? Ukraine cities get hammered in a relentless Russian bombardment and Europe vows to deploy its forces to intervene. Even if Trump cuts off all US ties to Ukraine and walks away, there’s little that can be done to prevent the disaster that comes next.
#USA #NATO #WWIII #FindTruth
@uinhurricane