🇩🇪đźŹđ꓉ — 🇺🇸 Bloomberg | Germany’s Days as an Industrial Superpower Are Coming to an End | As political paralysis grips Berlin, the energy crisis was the final blow for a growing number of manufacturers | February 10, 2024:
"(...)
The underpinnings of Germany’s industrial machine have fallen like dominoes. The US is drifting away from Europe and is seeking to compete with its transatlantic allies for climate investment. China is becoming a bigger rival and is no longer an insatiable buyer of German goods. The final blow for some heavy manufacturers was the end of huge volumes of cheap Russian natural gas.
(...)
In some cases, the industrial downshift is taking place in small steps like scaling back expansion and investment plans. Others are more evident like shifting production lines and trimming staff. In extreme instances — like Vallourec SACA’s pipe plant, once part of fallen industrial giant Mannesmann — the consequence is permanent closure.
(...)
China is now causing trouble for Germany in a number of ways. On top of its strategic shift into advanced manufacturing, a slowdown of the Asian superpower’s economy is sapping demand for German goods even further. At the same time, cheap competition from China is worrying industries key for Germany’s climate transition — and not just electric cars."
#Geoeconomics
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THE DARK REALITY OF HALAL FOOD
What happens when religious legal systems begin shaping public policy?
On Going Rogue with Lara Logan, Lara speaks with Frank Gaffney, founder of the Center for Security Policy, about what he argues are growing accommodations to Sharia within public institutions.
Gaffney points to halal food requirements in government facilities such as schools, hospitals, prisons, and other state institutions. He argues that accommodating halal dietary rules can require separate preparation spaces and specific slaughter practices, raising questions about how religious standards interact with public policy and taxpayer funded institutions.
The discussion examines the broader debate over whether religious legal frameworks like Sharia should influence policies inside public systems in the United States.
Watch episode 68 of Going Rogue with Lara Logan: https://t.co/av3cjWPMkP
WOW 🚨 The Republican Party is protecting Ilhan Omar from accountability
Rep Nancy Mace “I tried to subpoena her immigration records, her brother husband's immigration records, and IT WAS REPUBLICANS that killed my motion”
It’s a Uniparty. One Big Club.
https://x.com/WallStreetApes/status/2029691279555305592?s=20
ANALYSIS | 🇮🇷 🇮🇱 — South Pars Under Fire: Israeli Attack Disrupts Iran's Energy Lifeline
South Pars/North Dome is the world’s largest gas field. Iran’s side supplies ~70-80% of the country’s total natural gas production (recently ~700+ million cubic meters/day).
Gas accounts for:
● ~86% of Iran’s electricity generation
Domestic heating/cooking
● Petrochemical industry (Iran’s second-largest export earner after oil, worth billions annually)
â—Ź Some pipeline exports (mainly to Iraq and Turkey)
● Asaluyeh is Iran’s energy “beating heart” — a huge industrial zone employing tens of thousands and processing sour gas from multiple phases.
Short-Term Effects on Iran (State/Economy)
Production disruption:
Affected plants (gas treatment/refineries) taken offline — one estimate suggests up to ~1/5 of processing capacity impacted initially, with linked offshore platforms seeing reduced flow.
Iran immediately halted gas exports to Iraq (which relies heavily on Iranian supply ...