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European Wildfires, Net-Zero Stagnation, & The Great Industry Displacement
European Wildfires, Net-Zero Stagnation, & The Great Industry Displacement
Authored by Daniel Lacalle,
Europe’s wildfire crisis has also exposed the failure of public spending rhetoric unsupported by effective land and forest management. EU governments spent 40.6 billion euros on fire protection services in 2023. In 2022, the total expenditure stood at EUR 37.4 billion. The European Court of Auditors discovered that spending oversight was incomplete, result monitoring was weak, and there was no assurance that the most impactful actions received financing. At the same time, the average annual burnt area in...
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Jul 8, 2026 / Tyler Durden
Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up
Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up
Following the largest daily surge in Arabica coffee futures since the Dot-Com bubble, the head of Italian coffee giant Lavazza Group warned that prices are unlikely to fall over the next two years.
Giuseppe Lavazza, chairman of the Italian roaster, was quoted by Bloomberg as saying, "The market needs to have stability before it's time to think about a reduction of prices."
Lavazza explained that it will take two harvests and a massive rebuilding phase to replenish...
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Sep 8, 2026 / Tyler Durden
Europe Finally Gets Its Own SpaceX Challenger As Isar Reaches Orbit
Europe Finally Gets Its Own SpaceX Challenger As Isar Reaches Orbit
At 10:12pm local time on Saturday, a 92-foot rocket built by Munich startup Isar Aerospace lifted off from a windswept island above the Arctic Circle and reached orbit, where it deployed five small satellites into a roughly 500-km orbit on what was only its second flight, making it the first commercial European company to deliver payloads to orbit and the first successful commercial orbital launch from continental Europe.
Isar Aerospace’s Spectrum rocket takes off from the Andøya Spaceport in Norway on Sept. 5. Source: Isar...
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Apr 2, 2026 / Jason Ditz
Israeli Attacks Kill at Least 27 in Lebanon, PM Sees No End in Sight
Israel continued airstrikes and ground attacks across Lebanon today, with Lebanese Prime Minister Nawaf Salam warning there seems to be no end to the expanded Israeli occupation in the south. The Lebanese Health Ministry reported that over the last 24 hours, another 27 people have been killed in Israeli attacks, and 105 others wounded. This […]
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