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European Union President declares war on Putin

Published

3 years ago

September 15, 2022

ticker NEWS

European Union President declares war on Putin during State of the Union address

European Commission President Ursula von der Leyen wasn’t subtle when she arrived to deliver her annual State of the Union address dressed in yellow and blue.

The EU’s top diplomat used her speech to slam Russian President Vladimir Putin. She demonstrated the bloc’s solidarity with Ukraine.

Von der Leyen labeled the invasion as one of “autocracy against democracy”.

“I stand here with the conviction that with the necessary courage and necessary solidarity, Putin will fail and Europe will prevail,” she said.

The EU President also highlighted how the ongoing energy crisis is tied to Russia’s war.

Von der Leyen put forward a proposal to cap the revenue of electricity producers, who continue to make huge profits. This scheme could raise €140 billion.

“They (the companies) have to pay a fair share – they have to give a crisis contribution,” she said.

“In these times, it is wrong to receive extraordinary record revenues and profits benefiting from war and on the back of consumers,” she continued.

The President was somewhat candid when admitting the warning signs of war that were ignored.

She says ongoing sanctions have left “Russia’s industry in tatters” and believes Putin’s financial sector is “on life support”.

It comes as more than 1000 companies have departed the nation since the war began.

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September 17, 2025

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Investors now face a critical decision: whether to buy physical bullion, trade futures, or invest in ASX mining stocks.

Each path comes with risk and reward, but with metals running hot, the question is whether markets are just heating up—or already near boiling point.

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Utah man charged with murder of Charlie Kirk

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Published

1 hour ago

September 17, 2025

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Utah’s Tyler Robinson, 22, charged with murder of activist Charlie Kirk; DNA links him to crime, death penalty sought.

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Appeals court halts Trump’s attempt to fire Cook

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

Published

11 hours ago

September 16, 2025

Ahron Young

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

In Short:
– A federal appeals court has blocked Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
– Trump’s expected Supreme Court appeal raises concerns about the Federal Reserve’s independence and market stability.

A federal appeals court has blocked President Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve board.

The decision comes just before a crucial meeting regarding potential interest rate changes.The court determined that the Trump administration did not meet the requirements for an appeal against a prior ruling that had already blocked Cook’s removal.

Cook has faced allegations of mortgage fraud, which she denies. Her lawyers assert she has not committed any wrongdoing, and documentation reviewed by NBC News supports her position.

Trump is expected to appeal this ruling to the Supreme Court.

The legal context for Cook’s position at the Federal Reserve highlights that removal can only occur “for cause,” under the Federal Reserve Act. Analysts warn that firing Cook may destabilise the Federal Reserve, which is critical for market stability.