A shocking chart: The European Union imported last year more Russian LNG than ever.
Do as I say, not as I do Source: Javier Blas on X
US Federal finances illustrated in one chart
Source: JP Morgan
Over the last 10 years, US Federal Government Tax Revenue has increased 60% while Government Spending has increased 99%.
Does the US need higher taxes or less spending to balance the $2.1 trillion budget deficit? Source: Charlie Bilello
#leadership
Source: Robertson Hunter Stewart
France has always missed its deficit forecasts, always.
It runs 6% fiscal deficit during good times. With the current political paralysis there will be no long overdue structural reforms, especially of pensions. It will miss current forecasts as well. Could the next Euro crisis start in France? Source: Michel A.Arouet Chart @OxfordEconomics
Happy New Year
Invest in your health. It will buy you more time.
Italy plans $1.5 billion SpaceX telecom security services
Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government — the largest such project in Europe, people with knowledge of the matter said Sunday. Discussions are ongoing, and a final agreement on the five-year contract hasn’t been reached, said the people, who asked not to be identified citing confidential discussions. The project has already been approved by Italy’s Intelligence Services as well as Italy’s Defense Ministry, they said. The negotiations, which had stalled until recently, appeared to move forward after Italian Prime Minister Giorgia visited President-elect Donald Trump in Florida on Saturday.
Quote by Sir John Templeton
Source: Brian Feroldi
