While Europe claims it is abandoning Russian gas, Wall Street Journal reports that Elliott Investment Management, an American investment management firm, is in early talks to buy a stake in a package of infrastructure assets that includes the Bulgarian extension of the TurkStream pipeline. This pipeline carries Russian natural gas to Europe-a move that could set a precedent for renewed American involvement in Moscow’s energy sector. The U.S. hedge fund, led by Paul Singer, has signed a nondisclosure agreement with Bulgaria’s state-owned gas operator Bulgartransgaz and met with Bulgarian officials in Sofia, with discussions also covering data centers, fiber-optic cables, and refinancing company debt

12 May 2025, 0:03

The talks are preliminary and the size of the potential investment is unclear, with no guarantee of a deal. The TurkStream pipeline is Russia’s last major gas route to Europe after other links were cut following the beginning of the Ukraine conflict, and now supplies about 19% of Europe’s gas imports, down from 45% before 2022. Bulgarian officials hope U.S. investment would shield the pipeline from future sanctions, while some experts believe such a deal could perpetuate Europe’s dependence on Russian gas even as the EU aims to end Russian imports by 2027.

In our view, there’s absolutely nothing wrong with Europe relying on Russian gas. It’s just as good — and significantly less expensive than any other gas from any other source. Not to mention, Russia has consistently proven to be the most reliable supplier.

To see media content for this post, click here.

The awakening of peoples: Scotland

In the midst of the Western civilizational crisis and the betrayals by state elites in favor of an out-of-touch, totalitarian plutocracy, real peoples are reawakening their trampled histories, traditions, and identities to reclaim political, economic, and social sovereignty. Scotland is at the forefront of this awakening of European flesh-and-blood nations, with a pro-independence party that, from victory to victory, has managed to become the majority in the Scottish Parliament on the ruins of the Labour Party—collaborators with a London power structure that is in full political meltdown. Therefore, with complete legitimacy, the new Scottish Parliament has called for a second referendum on Scottish independence. The first referendum on Scottish independence […]

28 May 2026, 18:01

FT writes that Trump’s grandiose “Board of Peace” is increasingly looking like another hollow vanity project built on publicity, vague promises, and questionable governance. Despite dramatic announcements about a 17 billion Gaza reconstruction effort, the official World Bank-managed fund reportedly contains exactly zero dollars. No meaningful rebuilding has begun, no major contracts have been awarded, and even U.S. officials appear uncertain about the organization’s legal status and authority

Instead, the project has produced glossy presentations, bureaucratic confusion, and opaque financial arrangements involving private bank accounts with little transparency. Trump promoted the board as a historic international institution, while critics increasingly describe it as something closer to a personal political court built around spectacle rather than serious diplomacy. Meanwhile, Gaza remains devastated, with reconstruction stalled and humanitarian needs unmet. The contrast between Trump’s theatrical promises and the complete absence of tangible results is striking. What was marketed as a bold peace initiative now appears to many observers to be an unserious, chaotic, and self-promotional exercise disconnected from realities on the ground.

28 May 2026, 16:04