This Is How Trump Should Interpret WWIII Warning From Top ‘Putin Lackey': Retired Rear Admiral
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'Total Mental Collapse': Trump Ripped After 'Insane' New Ramble In Europe
President Donald Trump spent part of his weekend in Scotland reviving his old grievances against wind power, even claiming at one point that it was 'killing' Americans. During a meeting with European Commission President Ursula von der Leyen, Trump abruptly detoured from immigration to wind turbines. 'And the other thing I say to Europe: We will not allow a windmill to be built in the United States,' Trump said. 'They're killing us.' He added: 'They're killing the beauty of our scenery, our valleys, our beautiful plains ― and I'm not talking about airplanes. I'm talking about beautiful plains, beautiful areas in the United States, and you look up and you see windmills all over the place. It's a horrible thing. It's the most expensive form of energy. It's no good. They're made in China, almost all of them.' He complained that wind turbines 'rust and rot in eight years,' and then can't be 'buried' because they will harm the soil. 'The whole thing is a con job,' he said. 'It's very expensive. And in all fairness, Germany tried it and wind doesn't work.' Much of what the president said was wildly inaccurate: Germany gets more than a quarter of its energy from wind, turbines last about 30 years (not eight) according to the U.S Department of Energy, it's not the most expensive form of energy, and they're not 'almost all' made in China. Several users asked Grok, the AI tool within X, to fact-check Trump's claims on wind power. Here's a typical response: Trump, who has frequently attacked renewable energy, has a special hatred of wind power that likely began some two decades ago, when an offshore wind farm was proposed near the land that would become his golf resort in Scotland. He sued to block it, lost, and has complained about wind and other forms of renewable energy since. He mentioned that on Sunday as well. 'Today I'm playing the best course I think in the world, Turnberry ― even though I own it ― it's probably the best course in the world, right?' he said. 'And I look over the horizon and I see nine windmills... I said, 'Isn't that a shame? What a shame.'' Trump has previously taken his anti-wind stance to absurd extremes, such as in 2019, when he falsely claimed wind turbines cause cancer. 'The wind, the wind, it sounds so wonderful,' he said last year. 'The wind, the wind, the wind is, the wind is bullshit, I'll tell you.' Trump's critics called him out for his latest out-of-the-blue tirade against wind energy:
Business Insider
23 minutes ago
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Russia's economy is now so militarized, it may keep expanding its army even after the Ukraine war
Russia's war machine has become such an integral part of its economic engine that its military industry is likely to keep expanding even after the fighting in Ukraine ends, according to a report from the Center for Strategic and International Studies. "The end of hostilities will not lead to a radical cut-off of military investment," wrote CSIS analysts in a report published on Thursday. Now in its fourth year, Russia's war with Ukraine continues even as Russian President Vladimir Putin's administration weathers sweeping Western sanctions. And while cracks are starting to show, the Russian economy may still be able to sustain the war effort for several more years, the report said. Defense spending is set to hit a post-Soviet record of 6.3% of GDP in 2025 and could climb even higher despite mounting signs of economic slowdown or recession. "Russia's economy appears sustainable for the next few years," the CSIS analysts wrote. They forecast that the Kremlin could maintain its war of attrition through at least 2027. 'Russia could be preparing for some kind of future confrontation with NATO' The CSIS report comes amid renewed scrutiny of Russia's economy. Manufacturing activity contracted last month, and employment has suffered. GDP growth slowed to 1.4% in the first quarter, down sharply from 4.5% in the previous quarter. Still, Russia has defied expectations thanks to its growing military-industrial complex. "Having become the most sanctioned country in the world, it has managed to maneuver around many economic constraints, keeping revenues from energy sales high and its budget balanced, investing in the military and defense industry, ramping up domestic production of weapons and equipment, and boosting economic growth," wrote the think tank analysts. Crucially, the militarized economy has built a broad base of political and economic stakeholders — from elites to ordinary workers — who benefit from continued conflict. That makes any significant drawdown in military activity politically and economically unlikely. Even if a ceasefire is reached, Russia may still be able to rebuild and expand its armed forces over the next decade. "Russia's war-induced socioeconomic changes have been so significant that the process of societal militarization is unlikely to stop even if the war in Ukraine were to end," wrote the CSIS analysts. The Kremlin's strategic posture hasn't softened either. CSIS suggests Russia is preparing for a long-term confrontation with NATO, using the war to modernize its forces and test Western resolve. Beyond conventional arms, Russia has ramped up hybrid warfare, including cyberattacks, disinformation, sabotage, political meddling, and strikes on critical infrastructure. These tools allow Moscow to operate aggressively across multiple fronts. "Despite being inferior to NATO in terms of its conventional capabilities, today's Russia represents a bigger challenge to European security than it did at the start of 2022," the CSIS analysts wrote. The Kremlin is learning from past failures, adapting quickly, and growing more confident in what it sees as a West unwilling to stop it. "Moscow's ongoing large-scale military reforms signal that Russia could be preparing for some kind of future confrontation with NATO within roughly the next decade—including even a large-scale conventional war," they wrote.
New York Post
23 minutes ago
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Stocks surge, euro steady after US-EU trade agreement
Global stocks rose and the euro appreciated on Monday after a trade agreement between the United States and the EU lifted sentiment and provided some clarity in a week of key policy meetings by the Federal Reserve and the Bank of Japan. The US struck a framework trade agreement with the European Union, imposing a 15% import tariff on most EU goods – half the threatened rate, a week after agreeing to a similar trade deal with Japan. Countries are scrambling to finalise trade deals ahead of an August 1 deadline set by US President Donald Trump, with talks between the US and China set for Monday in Stockholm amid expectations of another 90-day extension to the truce between the world's top two economies. 3 President Donald Trump (R) shakes hands with European Commission President Ursula von der Leyen (L) following their meeting, in Turnberry, south west Scotland on July 27, 2025. AFP via Getty Images 'A 15% tariff on European goods, forced purchases of US energy and military equipment and zero tariff retaliation by Europe, that's not negotiation, that's the art of the deal,' said Prashant Newnaha, senior Asia-Pacific rates strategist at TD Securities. 'A big win for the US.' European futures surged more than 1%, while S&P 500 futures rose 0.5% and Nasdaq futures advanced 0.6%. The euro strengthened across the board, rising against the dollar, sterling and yen. 'We have to be a bit cautious from here,' said Sim Moh Siong, currency strategist at Bank of Singapore, of the broader risk-on rally. 'A lot of good news is already in the price.' MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.32%, just shy of the almost four-year high it touched last week. Japan's Nikkei fell 1% after hitting a one-year high last week. While the baseline 15% tariff will still be seen by many in Europe as too high, compared with Europe's initial hopes to secure a zero-for-zero tariff deal, it is better than the threatened 30% rate. 3 Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between US dollar and South Korean won, right, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, July 28, 2025. AP The US-EU deal provides clarity to companies and averts a bigger trade war between the two allies that account for almost a third of global trade. 'A major tail-risk has now been defused,' said Marc Velan, head of investments at Lucerne Asset Management in Singapore. 'Markets are interpreting this as a sign of stability and predictability returning to trade policy,' he added. 'The China delay fits the same pattern: the administration is opting for controlled diplomacy over confrontation.' 3 The US struck a framework trade agreement with the European Union, imposing a 15% import tariff on most EU goods – half the threatened rate, a week after agreeing to a similar trade deal with Japan. AP Gains for China's blue-chip stocks petered out towards the midday break, while Hong Kong's Hang Seng index gained 0.5%. The Australian dollar , often seen as a proxy for risk appetite, was at $0.657, hovering around the near eight-month peak scaled last week. FED, BOJ AWAIT In an action-packed week, investors will watch out for the monetary policy meetings from the Fed and the BOJ as well as the monthly US employment report and earnings from megacap companies Apple, Microsoft and Amazon. While the Fed and the BOJ are expected to maintain rates, comments from the officials will be crucial for investors to gauge the interest rate path. The trade deal with Japan has opened the door for the BOJ to raise rates again this year. Meanwhile, the Fed is likely to be cautious on any rate cuts as officials seek more data to determine tariffs' impact on inflation before they ease rates further. But tensions between the White House and the central bank over monetary policy have increased, with Trump repeatedly lashing out at Fed Chair Jerome Powell for not cutting rates. Two of the Fed Board's Trump appointees have articulated reasons for supporting a rate cut this month. In commodities, oil prices rose after the US-EU trade agreement. Brent crude futures and US West Texas Intermediate crude both rose 0.5%. Gold prices fell on Monday to their lowest in nearly two weeks on reduced appetite for safe havens.
