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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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Feb 13, 2026 / Tyler Durden
Trump Plans Venezuela Trip, First U.S. President Visit Since Bill Clinton
Trump Plans Venezuela Trip, First U.S. President Visit Since Bill Clinton
President Donald Trump told reporters outside the White House on Friday afternoon that he plans to visit Venezuela, but offered no details or timeline. If it happens, it would be a historic trip, coming as Venezuelan oil flows accelerate under tighter U.S. oversight.
"I'm going to make a visit to Venezuela... We haven't decided [when]," Trump told reporters, adding that he also had a "good meeting" with Venezuela's neighbor, Colombia.
.@POTUS: "I'm going to make a visit to Venezuela... We haven't...
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Aug 6, 2026 / Tyler Durden
US Immigration Agency Asks Public To Report Fraud, Anti-Government Activities
US Immigration Agency Asks Public To Report Fraud, Anti-Government Activities
Authored by Jack Phillips via The Epoch Times,
The federal agency that processes green cards, U.S. citizenship requests, and work permits this week called on people to report potential cases of immigration fraud through a newly created portal.
In an Aug. 4 post on X, U.S. Citizenship and Immigration Services (USCIS) wrote that anyone who suspects “immigration fraud, criminal activity, or actions by aliens that threaten national security or public safety” can report it to the agency, a branch of the Department...
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Jul 22, 2026 / Tyler Durden
A Fed Rate-Hike Would Be A Serious Mistake
A Fed Rate-Hike Would Be A Serious Mistake
Authored by Daniel Lacalle,
The latest U.S. inflation report and jobs data do not justify another interest rate increase. Additionally, June data show that inflation is slowing down, especially in the core CPI measure that is most closely watched by monetary authorities, while ongoing tightening is stopping the labor market from reaching its full potential.
Hiking rates while maintaining elevated liquidity harms families and small businesses and perpetuates the very factors that drive inflation, including rising money supply and government spending.
Keeping rates above the neutral...
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