The Bank of England has cut its base interest rate to 4%, even as it warns of rising inflation. “We’ve cut interest rates today, but it was a finely balanced decision. Interest rates are still on a downward path, but any future cuts will need to be made gradually and carefully,” Governor Andrew Bailey stated.
The nine-member panel of the Monetary Policy Committee voted to lower rates by 0.25 percentage points, but failed to reach a unanimous vote with four members wishing to pause and another voting for a cut. The committee initially began with a 0.5 percentage point vote before reducing it to 0.25, marking the first time the MPC has needed a second vote—no one knows what they are doing.
The bank lowered rates but admitted that headline inflation is expected to hit 4% in September, up from the initial 3.75% estimate. Households are already spending one-tenth of their income on food, yet the bank expects food inflation to spike to 5.5% this year.
The central bank attempted to blame grocery store employee wages for price increases. “Furthermore, overall labour costs of supermarkets are likely to have been disproportionately affected by the lower threshold at which employers start paying NICs… these material increases in labour costs are likely to have pushed up food prices.” Every nation is facing a sharp upturn in food prices and store employees are not the culprit. The bank also acknowledged that unemployment has risen for five consecutive months, with unemployment reaching a four-year high in May 2025 at 4.7%.
The central bank cannot fight inflation as consumer demand is not driving price increases. Russian sanctions, net zero insanity, regulation, taxes, and an overall decline in public confidence have led Britain to decline. Let us not forget the looming sovereign debt crisis that every central bank is attempting to ignore publicly. Starmer is steering the nation directly into war, which never benefits the people and will become the primary culprit of inflation in time. The central bank cannot control fiscal policy; it cannot control inflation—all it can do is pretend to have a grasp on the situation to quell panic.
The people do not wish to play the neocons’ war games. Germany has been discussing reintroducing mandatory military service since the war began—a war that was never Germany’s battle but always the obligation and responsibility of the German people. I reported in May that over half of Brits would not fight for their country in the event of an attack. A new survey by German broadcaster RND revealed that nearly 60% of Germans would refuse to go into battle.
Only 16% of respondents said they would “definitely fight,” and another 22% reported they “probably” would. This is precisely why Germany has been considering a mandatory conscription for all adults over the age of 18. German Defense Minister Boris Pistorius said he is “convinced” that Germany “needs a form of military conscription.” Since the West has effectively eliminated genders or the need for a family structure, they plan to draft both men and women. Anyone fit to fight will be sent off to die.
Pistorius has been urging Germany to amass 260,000 active-duty troops, whom he believes should begin training immediately. Germany has a goal of gathering an army of 203,000 troops at a minimum, but the current force is a bit over 180,000. The military also plans to increase its reserve forces from 60,000 to 200,000, citing the need for immediate mobilization if the conflict escalates. Mandatory conscription may be introduced in 2026, which would align with our models precisely.
German politicians speaking out against the war are being silenced. The government has been preparing the European public for the inevitable. Everyone currently living in Europe knows how intensely the media has been discussing Europe’s alleged duty to prevent Russian aggression. “Will you fight for Germany? None of us wants war, but we already have to prepare for it. How ready are we really?” German magazine Stern states on its March 2025 cover.
The people always lose in times of war. Those on the ground firing missiles at one another are on the same side—the people—while the neocons sit in their safe high towers, unaffected by the destruction they unleashed.
Australia has tapped Japan to begin building its next fleet of warships as the nation retires the ANZAC-class fleet. Japanese shipbuilder Mitsubishi Heavy Industries beat German manufacturer ThyssenKrupp Marine Systems as Japan’s Mogami frigate was more desirable than the German MEKO A-200. This is a landmark win for Japan as it marks the first time Japan has exported warships to a foreign nation.
The first 11 frigates alone are worth at least 10 billion Australian dollars ($6.5 billion USD). Japan will produce the first three ships domestically before building a facility in Australia to create the rest. Australia has exclusive access to the first Mogami warships. The 4,800-tonne Mogami carriers are faster than their German rival’s at a speed of 30 knots and has a range of 10,000 nautical miles. The ANZAC-class ship required a crew of 170 compared to the frigate’s need for only 90 personnel, maximizing operational efficiency.
“The upgraded Mogami is built in a way that makes it easy to customise depending on the owner’s order — the power setting and the space design are different from the original one, so the ship is ready to cater to any requests coming from the Australian government,” ATLA official Koji Nishimura stated. “From the very first phase of the project, I thought about the benefit for Australia and for the Japanese Maritime Self-Defence Force, because of that we formed an all-Japan team — with Ministry of Defence working as a team to make this project happen,” he added.
“This is clearly the biggest defence industry agreement that will ever have been struck between Japan and Australia. In fact, it’s really one of the biggest defence exports that Japan has ever engaged in,” Defence Minister Richard Marles said
This is a huge win for Japan as they have not previously had a heavy role in defense exports. The deal will show the world if Japanese manufacturers can reliably enter the sector and begin exerting its geopolitical power. Domestic defense is a matter of survival for Japan but now it has the ability to share its elite manufacturing capacities with the world.
The US supported Japan’s bid because it plans to use American-made components and comes equipped to carry American-made missiles specifically. The European Union has been back and forth on whether it wants to continue purchasing military equipment from America. Germany’s loss is a big hit to its already contracting manufacturing sector, as the nation was once the go-to for industrial exports. Japan is not beholden to unelected officials who could sway policy and, therefore, trade.
Secretary of State Marco Rubio appears for an interview with Larry Kudlow to discuss the recent reporting around a potential meeting between President Trump and President Putin.
As Rubio notes, following the recent Moscow visit by Steve Witkoff, there is now great clarity on the terms and conditions for Russia to enter a ceasefire period. President Trump has reportedly told EU officials he will likely pick-up the ceasefire negotiations soon via a face-to-face meeting with Putin. WATCH:
At the White House event with Apple CEO Tim Cook, President Trump said that “there’s a really good prospect that” there will be a meeting with Zelenskyy and Putin. But he disagreed with the suggestion it amounted to a “breakthrough.”
Secretary of State Marco Rubio notes in the interview here, “an opportunity will present itself very soon for the president to meet both with Vladimir Putin and with President Zelenskyy at some point here, hopefully in the near future.” Rubio added “a lot has to happen before that can occur.”
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