Europe

EU Backs Plans to Confiscate Farms to Meet Climate Goals

EU Backs Plans to Confiscate Farms to Meet Climate Goals

The European Union has backed plans put forward by the Dutch government to confiscate and shut down thousands of farms in order to meet the goals set out by the global climate agenda. The unelected European Commission in Brussels backed a scheme by the Netherlands Prime Minister Mark Rutte, an…
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Eurozone’s Core Inflation Soars to Record High

Eurozone’s Core Inflation Soars to Record High

The Eurozone's core inflation soared to a record high in January, as the bloc’s energy crisis rages on. The euro bloc is currently facing the worst energy crisis in decades after the Russia–Ukraine war caused gas and oil prices to soar. Last month, Europe’s consumer price index showed inflation in…
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Major Fertilizer Producer Slashes European Output as Energy Crises Worsens

Major Fertilizer Producer Slashes European Output as Energy Crises Worsens

Fertilizer giant Yara International ASA has announced that it is drastically slashing European output as the energy crisis continues to worsen. The company revealed Thursday that third-quarter ammonia output was slashed due to skyrocketing natural gas prices. The move puts even more upward pressure on food inflation as the cost-of-living…
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