Venkatesh Ragupathi Profile picture
Sep 16, 2022 35 tweets 13 min read Read on X
Italy approved an aid package worth some $14 billion to shield firms and families from surging energy costs;
#Europe's fertilizer production shutdowns as an outcome of high natural gas prices;

#UkraineWar Image
Europe got into the cross fire and suffering enormous loss;

Like - Useful Idiots they are playing along;

😐

"It's not just #Germany, the whole of #Europe is weakened, economically"

- German textile Industrial tycoon;
Eurozone manufacturing activity declined further during September due to rising electricity costs;

Fall in the UK Manufacturing PMI business activity index to 48.4 indicates a Recession in Britain;

Germany - Manufacturing PMI = 47.8;

EU - Manufacturing PMI = 48.4;
Europe De-industrialization : Eurozone Producer Price Index=43.3%;

Historic; Image
#Europe expects massive power outages this Winter;

#UkraineRussiaWar #sanction

rnd.de/politik/kommis…
More than 250,000 #British companies closed in the first half of the yr, due to high inflation and falling consumer demand;

- WSJ

Definitely a record;

Congrats!
Total of 176 #Dutch companies have gone bankrupt in Sept 2022, the largest number recorded in two years;
Rise of electricity prices in Europe since Oct 8th;
Almost 40% of #German companies withdrew from international markets due to the energy crisis;
An open letter sent by the Community of European Railway and Infrastructure Companies (CER) to the EU Commission states that this yr the average price of electricity for railway operators will be about €420 per MWh, which is at least 3 times higher than in 2021,
and in some countries prices have increased 10 times.

Prices for 2023 may exceed 500 euros/MWh.
#Europe turns to logging vulnerable and protected forests to guarantee energy security amid its standoff with #Russia;

politico.eu/article/energy…
125 yrs old: German construction company Wolff Hoch- und Ingenieurbau insolvent;

130 yrs old: German confectionery manufacturer Bodeta insolvent;

156 yrs old: German automotive supplier Borgers insolvent;

170 yrs old: #German soap maker Kappus insolvent;
UK inflation rate rises to 10.1% - highest in 40 years;
Double-digit inflation is recorded in 18 EU countries;

🇪🇪24.1%
🇱🇹22.5%
🇱🇻22.0%
🇭🇺20.7%
🇨🇿17.8%
🇳🇱17.1%
🇵🇱15.7%
🇧🇬15.6%
🇸🇰13.6%
🇷🇴13.4%
🇭🇷12.6%
🇬🇷12.1%
🇧🇪12.1%
🇩🇰11.1%
🇩🇪10.9%
🇦🇹10.9%
🇸🇮10.6%
🇸🇪10.3%
Record industrial inflation in #Germany since 1949 - 45.8%;

132.2% - the increase in energy prices, largely due to anti-Russian sanctions;

259.8% - the increase in the price of electricity;

Gas prices increased by 192.4%;

Fertilizers by 113.5%;

Fuel oil by 84.4%; Image
#French and #Irish electricity systems are the most vulnerable this winter as #Europe is contending with its worst energy crisis in decades; Image
Poverty index(unemployment and inflation) in Europe has reached a historic high; Image
Eurozone's total debt jumped to more than 12 trillion EURO in the second quarter of 2022; Image
#Europe pays 10 times more for gas than their American and Chinese competitors.

#German industry collapsed due to the lack of cheap energy from #Russia and withdrawal from #Chinese markets;

- Former Greek Finance Minister Yanis Varoufakis
More than two million #UK households are in debt on their electricity bills;

People are already unplugging fridges, washing clothes by hand and skipping meals – with worse to come this winter, Citizens Advice warns;

theguardian.com/money/2022/oct…
#Germany Heads for Recession, as Eurozone Slumps to Further Contraction; Image
Diesel is running out in some parts of Europe;

Loss of #Russian diesel supply, combined with disruption in fuel production in #France, ve left parts of #Europe short; Image
British Gas has just 9 days of supply left;

UK has some of the lowest levels for gas storage in Europe, while Germany stands at 89 days, France at 103 and the Netherlands at 123.
Annual inflation in #Germany in Oct jumped to a historical record 10.4%

It is the highest in 70 yrs;
#Germany is Dismantling a Wind Farm to Make Way for a Coal Mine;

oilprice.com/Latest-Energy-…
The largest aluminum producer in the #Netherlands has been declared bankrupt - due to high gas prices and lack of support from the govt;
Eurozone Inflation Jumps to Record 10.7% - Growth Slowed to 0.2% in Q3

- Polish Inflation Hits 25-Year High of 17.9%

- Inflation in Germany is expected to peak at 10.4% in Oct - Energy prices were 43.0% higher than this time last yr, & avg increase in food prices by 20.3%

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More from @venkatesh_Ragu

Dec 14, 2022
No-go zone in Europe;

This term is used to refer to areas that the police/citizens consider too dangerous to enter on their own;

# Areas are controlled by criminal groups, mafias, drug trafficking, and beacefuls which are in charge of controlling who enters & leaves the area;
In Europe, people usually worry the most are those that are governed by Sh@ria, which a Beaceful majority tries to impose it throughout the neighbourhood.
In 2014, German Bild announced the existence of lsIamic police who patrolled the streets and who monitored compliance with the Sh@ria law that prohibits concerts, listening to music, smoking, drinking alcohol/consuming any type of drug, and it forces women to wear the veil.
Read 5 tweets
Dec 14, 2022
PLA has gone down to hooliganism &Street fights;

Chinese PLA commanders press their soldiers to go upto their claimed line but we do not allow them there. Its impossible for them to come. Year by year they make such attempts & they gets injuries.

-Former Army chief Gen Naravane
- We know the physical standards of PLA. CCP soldiers, in the height of crisis in E.Ladakh - had to be relieved every 48 hrs. Our soldiers sit there, that's the hardness of our troops.

- Our troops are very fine people with nationalistic approach & they do whatever is needed.
- Galwan clash has diminished the stature of not only PLA but China as a country in the global eyes that it is possible to stand up to China bullies;

- We would still like to maintain that we are a 21st-century army and not regressive like PLA.
Read 5 tweets
Dec 12, 2022
Clash b/w Indian troops and CCP soldiers; Image
Indian Army statement; Image
Read 6 tweets
Dec 12, 2022
A loud blast and gunfire ve been heard near a guest house popular among Chinese businessmen in Kabul, Afghanistan;
Ongoing armed attack inside the Chinese Hotel in Kabul, Afghanistan, which hosts Chinese and other international guests;
On dec 11th, Chinese ambassador asked for more security from Talibs; Image
Read 6 tweets
Dec 7, 2022
Importance of psychological warfare;

Soviet KGB was more concerned about the psy-op warfare against the American govt through ideological subversion rather than espionage activities, which constituted only 15% of their work;

How many cycles India had gone through?😇
Fmr Soviet KGB informant Yuri Bezmenov:

4 methods to alter the mindset & behaviour of ppl in foreign countries.

Demoralisation(15-20 yrs): Exposure to true info doesn't matter anymore. Person who is demoralized is unable to assess true information. Facts tell nothing to him.
Destabilisation(2-5 yrs): Altering the nation’s foreign relations, economy, and defence systems.
Read 8 tweets
Dec 5, 2022
President Putin Signs Law On Complete Ban Of LGBT Propaganda;
Russian President Vladimir Putin has signed a package of laws banning propaganda of LGBTQ+, pedophilia and gender reassignment in advertising, media, books, movies and audiovisual services.
Russia' new package of laws applies to content in movies, books, commercials, media publications and computer games.

Fines:

- up to $12,700 for citizens and up to $159,400 for entities that may encourage paedophilia;
Read 4 tweets

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