Housing prices are exploding and the EU is going to make it worse, warns Polish MEP
Remix News | October 10, 2024
Housing prices are exploding, warns Polish MEP Anna Zalewska, and EU policy backed by commission President Ursula von der Leyen will lead to disaster.
“In the European Parliament, we have recently been discussing crises themselves — the automotive industry, the competitiveness of the EU economy and yesterday, the housing crisis,” said MEP Anna Zalewska. “There is one conclusion from all these debates. Ursula von der Leyen is leading the European Union to the edge of the abyss.”
Zalewska claims that the reason for the housing crisis is EU climate regulations during the 10th session of the EU parliament, according to Polish news outlet Do Rzeczy. She cites the energy efficiency directives, as well as the regulation on eco-design, on construction products, and the certification of CO2 emissions. All of these factors are rapidly driving up the cost of not only modernizing homes, but also the cost of building new ones.
“This will make housing not only a luxury good, but also an unattainable good. What is the European Commission proposing? If someone does not comply with these documents, they will pay fines on how their apartment is heated, among other things. These documents should be thrown in the trash,” Zalewska.
Even left-wing organizations and news outlets have acknowledged that “green renovations” are driving up housing and apartment prices. In many cases, any renovations landlords will need to make to meet energy efficiency and carbon goals will be passed on to tenants.
“With their sights set on energy efficiency, policy-makers neglect that green renovations are driving up rents for the most vulnerable. Only with strong social protections and a shift away from financialization can the basic right to housing be made compatible with curbing emissions,” writes the Green European Journal.
Housing costs across Europe have already soared over the last 10 years, but in many countries, such as Germany, new-build construction has slowed dramatically. Builders cite high building material costs, high costs for labor, and a shortage of labor. In addition, national regulations have placed serious cost burdens on developers and construction companies. Now, EU regulations are expected to cost €1 trillion to bring buildings up to code in Europe in terms of energy efficiency.
However, EU regulations are not the only factors. Mass immigration is also driving up rental and even housing prices in Europe, especially in migrant-heavy countries such as Germany. Many newcomers want to live in the cities, where competition for housing is intense.
For instance, in 2002, Remix News reported that Germany’s apartment vacancy rate has seen its biggest decline in more than 20 years, falling to just 2.5 percent nationwide at the end of 2022, and migration is being fingered as one of the primary causes behind the crisis.
The data, published by consulting institute Empirica and the real estate specialist CBRE, shows that the “market-active vacancy rate,” apartments that can be rented out immediately or offered for rent over the medium term, fell 2.5 percent to about 554,000 residential units at the end of 2022.
“The (drop) in vacancies in 2022 was characterized by the immigration of around 1 million people from Ukraine,” said Empirica CEO Reiner Braun at the time.
Poland, on the other hand, has not seen an influx of foreigners at the same rate as Germany, although hundreds of thousands of Ukrainians have arrived in the country in recent years. Other factors at work are internal migration patterns to larger cities away from rural areas, international investment and speculation, and gentrification trends.
Although housing prices dipped in many countries shortly after the Covid-19 pandemic — which sent asset prices, including real estate, to sky-high prices — real estate prices are already recovering and marching higher, according to a new report from ING.
‘Entrenched impunity’: Pezeshkian slams US, Europe supports as Israel continues to kill
Press TV – October 11, 2024
Iran’s President Masoud Pezeshkian considers the impunity with which the Israeli regime has been carrying out deadly atrocities across the region to be down to the unstinting support provided for the regime by the US and Europe.
The regime “has trampled on all the international laws, human rights, and whatever [instance of] humanity,” the chief executive told Russia’s Rossiya 1 state television channel on the sidelines of a forum in Turkmenistan’s capital Ashgabat on Friday.
Pezeshkian was referring to the regime’s bloodletting spree throughout the region, including its October 7, 2023-present genocidal war on the Gaza Strip that has so far killed more than 42,000 Palestinians, mostly women and children, as well as its escalated attacks on Lebanon, which have claimed thousands of other lives.
“No one [however] can say anything to the regime because the United States and Europe are supporting it,” he added.
The regime’s Western supporters, most importantly its biggest ally, the United States, have, throughout the course of the atrocities, been providing it with billions of dollars’ worth of military support. They have also been shielding Tel Aviv against punitive international measures, including those taken by the United Nations, with their negative votes or abstentions.
Pezeshkian’s remarks echoed those that he had made earlier during a meeting with his Russian counterpart Vladmir Putin in the Turkmen capital.
In those remarks, the Iranian president had regretted that the regime’s atrocities had caused the regional situation to become “critical,” and denounced the US and European countries for refusing to let relations among the regional countries to continue on a peaceful footing.
Elsewhere in his remarks to the Russian television, Pezeshkian asserted that Iran’s attitude towards all regional countries was based on the values that have been underscored by the United Nations, namely peace, security, and human dignity.
A Resurrection of the Austro-Hungarian Empire? – Part 21 of the Anglo-American War on Russia
Tales of the American Empire | October 10, 2024
After Russian intervention in Ukraine in 2022, the United States pressured its European vassals to end all trade with Russia, and later China to slow its economic growth that outperforms the United States. This has led to three years of economic decline in European Union economic bloc, known as the EU, as energy prices to tripled.
Europeans are angry, so if victorious Russian troops arrive on Ukraine’s western border, several EU nations may leave the dying EU to relink to prospering Asia and access to cheap Russian energy.
Leaders of some EU nations are openly critical of mandates banning trade and allowing mass immigration. Leaders of Hungary, Slovakia, Austria, and Croatia are quietly discussing the advantages of leaving the EU. These nations were once united into the powerful Austro-Hungarian empire until it was dissolved by victorious France and Britain in 1919. Political, business, and cultural ties remain, so they may form their own economic block. Serbia never joined NATO nor the EU and remains friendly with Russia, so would join this union.
A new Balkan economic block would prosper by allowing trade with Russia, China, Russian controlled Ukraine, and could join forces to guard borders from mass illegal immigration.
________________________________________
“Resurgent far-right conjures Austria-Hungary headache for EU on Ukraine”; Francois Murphy; Reuters; August 4, 2024; https://www.reuters.com/world/europe/…
Related Tale: “The Destruction of Yugoslavia”; 
• The Destruction of Yugoslavia
“A Rumored Resurrection of Austria-Hungary”; Matthew Karnitschnig; Politico; December 13, 2023; https://www.politico.eu/article/vikto…
“Austrian Right-Wing Freedom Party Scores Historic Victory In National Elections”; Tyler Durden; Zero Hedge; September 30, 2024; https://www.zerohedge.com/markets/aus…
“Ukraine to end gas transit agreement with Russia, PM Shmyhal”; Energy pipelines to central Europe may shutdown soon; Remix; Oct. 7, 2024; https://rmx.news/article/ukraine-to-e…
Related Tales: “The Anglo-American War on Russia”; • The Anglo-American War on Russia
Energy prices cross a critical threshold in Poland, leaving some companies fighting for their lives
By Liz Heflin | Remix News | October 10, 2024
Energy prices have crossed a critical point in Poland, leaving some companies fighting for their lives, according to wnp.pl. The site further says that the EU’s goal of lowering greenhouse gas emissions means higher obligations on those companies that depend on energy usage.
Market participants are finding it increasingly difficult to compete, with those relying on coal burdened by emission fees. “The energy-intensive industry is responsible for over 20 percent of Poland’s GDP,” WNP says, which has led to more and more demand for renewables to lower carbon footprint and remain competitive.
Henryk Kaliś, president of the board of the Chamber of Industrial Energy and Energy Recipients, says the key factor for companies is not the price of energy itself, but whether it allows for profitable production and competition with foreign (non-European) companies. Electricity prices need to be below 60 euros per megawatt-hour to compete, and prices have already surpassed this threshold.
The EU’s climate policy affects companies across the continent and has led to European industry moving to Asia. However, Poland is in a particularly vulnerable position, as gas fuel accounts for 45 percent of the country’s energy system, explains Robert Tomaszewski, head of the energy department of Polityka Insight. Compare this to Scandinavian countries where electricity is mainly supplied by hydroelectric power plants, Spain where nuclear and renewables make up 70 percent of the energy mix, or France which has turned back on their nuclear plants, driving one megawatt-hour of electricity down to €47.
In early August, Polityka Insight’s data had Poland’s average wholesale price of electricity at an average of €90 per megawatt-hour, with higher prices only seen in Ireland (€98.68) and Italy (€95-98)
Mikołaj Budzanowski, who sits on the management board of Poland’s Boryszew Group, says there is no doubt that high energy prices are a major problem for Polish industry.
Hungarian FM reveals he saw the peace treaty ready to sign between Ukraine and Russia. Here’s why it was never signed.
Remix News | October 10, 2024
In a new interview with Hungarian newspaper Mandiner, Hungarian Foreign Minister Péter Szijjártó reveals that he actually saw the finished peace treaty that would have ended the war between Ukraine and Russia. He said that all that was missing were the signatures of the two warring parties. He explains why peace never came, laying the blame firmly on the West.
At the end of March, beginning of April 2022, an agreement was almost reached at the peace talks, known as the Istanbul agreements.
“I saw the document that was almost signed, and which, according to the realities of the time, would have ended the war. What happened? The Westerners came and told the Ukrainians to keep fighting, no agreement should be accepted,” said Hungary’s foreign minister.
The decision to prolong the war, which was backed by the West, has had profound global implications and led to hundreds of thousands of deaths across Russia and Ukraine, along with a catastrophic effect on Ukraine’s birth rate and demographic outlook. It has also fueled inflation and economic certainty across Europe.
Szijjártó noted that although the goal of the EU leaders was to bring Russia to its knees at the beginning of 2022, this has not happened to date. He notes that people are dying on the frontlines every day, while the parties have not come any closer to peace.
According to David Arahamiya, the leader of Ukraine’s ruling party, Ukraine was ready to sign the document when Western leaders saw a draft of the negotiations. The Ukrainian politician said then British Prime Minister Boris Johnson allegedly worked hard to nix the potential peace agreement.
Szijjártó says Hungary backs the China-Brazil peace plan and noted that only three countries, Hungary, France and Switzerland, were invited to the inaugural meeting of the Friends of Peace group organized by them.
Imam to Be Expelled From Italy for Sermons Supporting Hamas – Reports
Sputnik – 09.10.2024
The Italian Interior Ministry intends to expel Bologna imam Zulfiqar Khan from Italy for reasons of national security in connection with his support for Palestinian movement Hamas, the Adnkronos news agency reported, citing Khan’s lawyer.
The imam has repeatedly expressed support for Hamas in the context of the war in the Gaza Strip and praised the militants’ actions during the clashes with Israeli troops, the report said on Tuesday.
The imam was taken to the Bologna police department, Italian media reported. The Interior Ministry’s decision can be appealed in the regional administrative court. His lawyer reportedly called the authorities’ actions a return to a police state and the persecution of opinions.
Article 10 of the European Convention on Human Rights states that “Everyone has the right to freedom of expression.”
Khan has lived in Italy since 1995 and held a residency permit that was revoked by the Interior Ministry’s order.
Khan is not the first imam to be expelled from Italy due to his speech. In 2008, Tuirin imam Mohamed Kohaila was deported to his native Morocco for what authorities claimed was inciting “violently anti-Western behavior” after his sermons were secretly recorded. And in 2005, imam Bouriki Bouchta, also from Morocco, was expelled from Italy after he gained notoriety for saying that Osama bin Laden did not commit the September 11, 2001 attacks on the United States.
Russian victory will liberate Europe – top French historian
RT | October 9, 2024
A Ukrainian defeat would represent a victory for Europe, French anthropologist Emmanuel Todd has claimed, in an interview with the Italian news outlet Corriere di Bologna published on Tuesday.
According to Todd, who has stressed that he is not an explicit supporter of Moscow, if Russia were to lose in the Ukraine conflict, this would allow “European submission to the Americans to be prolonged for a century.”
The leading intellectual has argued that Europe has effectively delegated the representation of the West to the US and has been paying the consequences ever since. He claims in the interview that nothing can be done to change this fact at the moment due to the ongoing Ukraine conflict, but suggests that its outcome will “decide the fate of Europe.”
“If, as I believe, the US is defeated, NATO will disintegrate and Europe will be left free,” Todd told the outlet, noting that it is unlikely that Russia would be compelled to militarily attack Western Europe after establishing itself on the Dnieper River.
“Russia will have neither the means nor the desire to expand once the borders of pre-communist Russia are reconstituted. The Russophobic hysteria of the West, which fantasizes about the desire for Russian expansion in Europe, is simply ridiculous for a serious historian,” he said.
A number of Western leaders have in recent months raised concerns that if Russia were allowed to defeat Ukraine it would eventually set its sights on other European and NATO countries.
Moscow, however, has repeatedly stressed that it has no intention of attacking any other countries once it accomplishes its goals in Ukraine. Russian President Vladimir Putin has dismissed talk of a ‘Russian threat’ as “nonsense” being peddled by Western governments to scare the European population in order to “extract additional expenses” from them.
EU economy suffering from loss of Russian energy – Orban
RT | October 9, 2024
The EU’s refusal to buy Russian energy has been crippling the bloc’s economic growth, Hungarian Prime Minister Viktor Orban told a plenary session of the European Parliament on Wednesday.
Orban, whose country currently holds the EU’s six-month rotating presidency, was addressing the parliament in Strasbourg, France.
“EU productivity is growing at a slower pace than that of our competitors. Our share of world trade is declining,” he said.
He added that EU businesses were facing electricity prices that are two to three times higher than in the US. And when it comes to natural gas, “prices are four to five times higher.”
Half of European companies consider the cost of energy to be the main obstacle to investment, according to Orban. In energy-intensive industries that are vital for the bloc’s economy, production has fallen by between 10% and 15%, he claimed.
“Moving away from Russian energy has endangered the European Union’s GDP growth, while significant financial resources had to be redistributed to energy subsidies and the construction of infrastructure necessary for the import of LNG,” Orban said.
The Hungarian PM added that the EU should not be under the illusion that a green transition will solve the problem. He cited study results suggesting that “the share of fossil fuels will not change significantly until 2030.”
The EU declared the elimination of its reliance on Russian energy as one of its key priorities after hostilities in the Ukraine conflict broke out in February 2022. Sanctions imposed on Moscow and the sabotage of the Nord Stream pipeline in 2022 have led to a dramatic drop in Russia’s gas supplies to the EU. The bloc has turned to the US and the Middle East to replace them with costlier liquefied natural gas.
Russia reportedly accounted for over 16% of the value of natural gas imports into the bloc in the first quarter of this year, down from 40% in 2021. According to estimates by Russia’s Energy Ministry, American LNG is 30-40% more expensive than Russian pipeline gas.
Prior to the Ukraine conflict, Washington had for years been pressuring the EU to cut its dependence on Russian energy.
In June, the EU banned some operations related to LNG of Russian origin, including reloading, ship-to-ship transfers, and ship-to-shore transfers with the purpose of re-exporting to third countries via the bloc. Russian seaborne gas imports into the EU remained permitted via LNG terminals that are linked to the interconnected natural gas network. However, the bloc has stopped short of imposing sanctions on the fuel beyond a ban on trans-shipments, which has yet to come into force.
Former European Central Bank president Mario Draghi said last month that the EU’s global economic competitiveness has been substantially eroded due to the loss of cheap energy from Russia.
German economy in crisis mode as industrial orders plummet
By Liz Heflin | Remix News | October 8, 2024
German industrial orders fell 5.8 percent in August compared to July, a far higher drop than the 2 percent drop anticipated, with economists now warning of a recession and doubting a quick recovery.
The numbers reported by the German Federal Statistical Office amounted to the biggest drop since January of this year, with the German Ministry of Economics announcing that “in view of the continuing weak demand and the deterioration in business sentiment, a significant recovery in the industrial economy in the second half of 2024 is unlikely.”
Jens-Oliver Niklasch, an expert at Landesbank Baden-Württemberg, cited by Money.pl, stated bluntly: “Leading indicators are falling, forecasts are falling, bad news is not stopping. Everything points to a recession.”
Jörg Krämer, chief economist at Commerzbank, describes the data as a “bitter disappointment,” adding that the best-case scenario will be gross domestic product stagnating in the second half of the year.
Of key concern is the data regarding strength, or lack thereof, in the domestic and European economies. While orders from abroad also fell just 2.2 percent, domestic orders were down by 10.9 percent. Orders from eurozone countries fell by 10.5 percent, while orders from other countries actually increased by 3.4 percent.
Experts emphasize that the current situation is a clear signal of a crisis, with key sectors being hit the hardest, including auto manufacturing, mechanical engineering and chemicals.
The Macroeconomic Policy Institute (IMK) predicts gross domestic product will stagnate this year and grow by just 0.7 percent next year, with experts agreeing that the federal government’s expectations of economic growth above 1 percent in 2025 seem unrealistic.
Meanwhile, the German government is expected to need €46 billion to finance welfare benefits, with half of the recipients reportedly being foreign citizens, many of whom came to Germany specifically for its generous welfare system.
The situation is not bad for everyone. Remix News just reported today that Germany is spending some €50 billion annually on housing asylum seekers and war refugees and providing them with benefits, with private security firms earning hundreds of millions across Germany for policing migrant accommodations.
EU airline’s boss wants Chinese to pay for flying over Russia
RT | October 8, 2024
Brussels should establish financial measures to curb competition from Chinese airlines that can freely cross Russian airspace, according to Royal Dutch Airlines (KLM) CEO Marjan Rintel.
Western countries closed their airspace to Russian airlines as part of sanctions imposed after the onset of the Ukraine conflict in 2022. In response, Moscow banned aircraft from “unfriendly nations,” forcing EU planes to reroute, resulting in higher fuel consumption and increased costs.
“Russia’s airspace is closed to European airlines, while Chinese carriers fly over it, which can save two to four hours. You see that reflected in pricing, and consequently, our costs are higher,” Rintel said in an interview with Dutch broadcaster WNL on Sunday.
Rintel suggested that Brussels should intervene to address this competitive imbalance. “Europe can at least explore how we can level the playing field by adjusting pricing or examining other alternatives,” she stated.
In response to rising costs, KLM plans austerity measures aimed at saving €450 million ($494 million) annually, including €100 million ($110 million) by “adjusting” in-flight catering, Rintel noted.
“In the Netherlands, we are facing a tight labor market and rising wage costs, which differs from the situation in France,” she added, referring to KLM’s parent company, Air France-KLM. “Due to a shortage of pilots and technicians, roster changes will occur, and maintenance may need to be outsourced,” she explained.
Last month, Germany announced it was considering halting its daily Frankfurt-Beijing flights due to similar pressures from rising costs and competition from Chinese and Gulf airlines that can fly over Russia. The previous month, British Airways announced it would suspend London-Beijing flights starting in October. Additionally, Virgin Atlantic recently terminated its only China route to Shanghai.
EU Uses Digital Services Act to Probe YouTube, TikTok, Snapchat Algorithms for Censorship Compliance
By Didi Rankovic | Reclaim The Net | October 6, 2024
“Illegal drugs” is a very well-defined category in the EU. “Hate speech,” on the other hand, is not. Yet, the bloc is lumping these together as it builds another case for putting even more pressure on major social platforms and demands more data from them.
The EU is doing this via the censorship law, the Digital Services Act (DSA), and is this time targeting YouTube, Snapchat, and TikTok. In the tone and nature of the demands, the EU puts them in two groups here: two companies from the US, and one from China.
Previously, the EU launched DSA non-compliance proceedings against TikTok, AliExpress, but also Meta’s Instagram and Facebook.
The EU Commission this week announced that the “request for information” pertains to these tech platforms’ (algorithmic)recommendations, specifically, their design and functioning.
These companies are reminded that the DSA obligates them to “adequately mitigate risks stemming from their recommender systems” – and here we go into the usual list, starting with how recommendations might influence users’ mental health, risks to the electoral process, endanger minors, all the way to what the EU says is illegal content – “such as promoting illegal drugs and hate speech.”
Here, the demand is also to explain what is being done to “mitigate” the harm, as the EU chooses to understand it.
This last demand is addressed to YouTube and Snapchat, which must give the EU “detailed” information regarding algorithmic parameters that decide what is recommended to users.
The emphasis of the pressure being put on TikTok is a little different. Brussels wants to know what the video platform is doing to stop manipulation of elections, media, etc. – again, in terms of the recommendations system.
An EU Commission press release said the deadline to provide this information is November 15, and warns the three companies they might – depending on how the EU likes the answers – become subject to proceedings under the DSA.
The Commission wasted no opportunity to remind YouTube, Snapchat, and TikTok that one of the DSA articles means possible fines if they respond to a request for information (RFI) in a manner that is “incorrect, incomplete, or misleading.”
Cheerleaders of EU policies on these matters hope that something of the sort will take root in the US as well, despite the fact that “hate speech,” for example, is not criminalized there.
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From the Archives
The New Baghdad Pact
By Dr Bouthaina Shaaban | February 23, 2017
A recently declassified CIA document prepared in 1983, and released on 20 January 2017, shows that the United States had at the time encouraged Saddam Hussein to attack Syria, which would have led to a vicious conflict between the two countries, thus draining their resources.
The report, which was then prepared by CIA officer Graham Fuller, indicates that the US tried adamantly to convince Saddam to attack Syria under any pretense available, in order to get the two most powerful countries in the Arab East to destroy each other, turning their attention away from the Arab-Israeli conflict. … continue
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