We know what’s coming and we are prepared.
🇪🇺 This time, the far-right threat is real — Politico
The next European Parliament looks more pro-Russian and less green than the current one. Could a far-right EU really happen?
Every five years, like clockwork, mainstream politicians freak out about the rise of radicals and populists ahead of the European election.
But then, the danger suddenly seems to dissipate as the traditional center-left and center-right forces that built the European Union forge coalitions that hold more radical parties at bay.
Don’t bank on it this time.
In 2024, the right-wing surge in the polls seems bigger and bolder, with one predicting the nationalist right and far right could pick up nearly a quarter of seats in the European Parliament in June.
Even if the center right — currently tipped to come first in the election — refuses to form a governing coalition with ever more powerful firebrand fringe parties, there’s still a significant chance the far right will, for the first time, be able to influence Europe’s policy agenda. That will enable it to threaten the EU’s sacred values on rule of law and human rights, and block or even overturn major green and climate laws.
The far-right Identity & Democracy (ID) grouping in the European Parliament, the sixth largest of seven, will gain 40 seats in June, meaning the group could have 98 lawmakers, vaulting into the third place currently occupied by the Liberals. It’s already home to the German extreme-right Alternative for Germany (AfD) and the French far-right National Rally (RN) party.
Then, if the current fifth largest grouping, the 67-member right-wing European Conservatives and Reformists (ECR) group — the home of Poland’s Law and Justice (PiS) and Italy’s ruling Brothers of Italy — also grows by some 18 seats, it could become the fourth largest group in Parliament, surpassing both the Greens and the liberals.
Between those projections and the 12 members of Hungarian Prime Minister Viktor Orbán’s Fidesz party, who are politically homeless, the ECR and ID could muster 25 percent of seats in the next European Parliament, according to a poll commissioned by the European Council on Foreign Relations.
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
:
🇮🇷🇮🇱 - 14 wounded in Iranian missile strike in central Israel, according to Israeli media.
🇬🇧🇮🇶 - A drone struck British Castrol oil warehouses in Erbil, Iraqi Kurdistan, causing extensive damage.
🇮🇷🇮🇱 - Iran launched 9 missiles towards Israel this morning alone, with at least 3 of them being cluster missiles.
🇱🇧🇮🇱 - Over the past 12 hours, Hezbollah launched counterattacks in Khiam and Qantara, in the Nabatieh direction, southeast Lebanon. Hezbollah recaptured northern Khiam, with fighting ongoing for the south of the town. Hezbollah units also re-entered Qantara; frontline sources reported clashes in the center of the town last night.
🇱🇧🇮🇱 - 48 IDF soldiers have been wounded in clashes with Hezbollah over the last 24 hours in southern Lebanon, according to the Israeli Army.
🇱🇧🇮🇱 - "The Israeli army is barely catching its breath in southern Lebanon, and its resources are less than in the previous round of fighting," - Haaretz....
🇺🇸 Blue Owl Capital just disclosed that investors tried to pull 40.7% of one fund and 21.9% of another in a single quarter, and both funds gave the same answer, you can only have 5% back, and everyone else waits in line.
This is a bank run, not a normal withdrawal.
Wall Street spent the last decade selling millions of investors on something called semi-liquid private credit, higher yields, steady income and the promise you could get your money back every quarter if you needed it. What they buried in the fine print was what happens when too many people try to leave at the same time.
Analysts who have covered private credit for decades say nothing on this scale has ever been reported before at any major private credit manager.
These funds do not hold stocks you can sell on a Tuesday afternoon, they hold private loans to mid sized companies that cannot be liquidated quickly without destroying the price for every investor still trapped inside.
This product was originally designed for ...
🇺🇸 President Trump wants to switch to war economy in 2027 with massive increase in military spending and massive cuts to healthcare and other domestic agencies
Once a deficit hawk — he said in 2016 that he thought he could balance the budget in five years — Trump ended his first term with $7.8 trillion in added debt. His 2027 proposal is expected to give an update on 10-year deficit projections currently estimated at around $16 trillion.
The GOP's message for the Midterms will be focused on the "need" for a massive defense build up while the Democrats' message will be focused on affordability.
The fiscal 2027 budget will be the first time Trump puts his second-term governing agenda into one comprehensive document — with the numbers to back it up. The budget he released last year lacked detailed line-by-line spending targets and the economic assumptions necessary to project the long-term cost of his proposals.
Investors in US Treasuries will be looking to see if the debt and ...
