As negotiations edge towards a ceasefire, Tehran is trying to blame the country’s economic collapse on the war and foreign pressure.
Yet the data tell a different story: Iran’s economy was already structurally broken before the war.
Years of ideological policymaking, institutionalised corruption, and the militarisation of the economy have caused Iran’s economic ruin.
Iran has been in a state of permanent economic emergency since at least 2018. Official inflation has remained above 40% year after year, destroying the country’s middle class.
World Bank estimates show average inflation in the high 30s for most of the 2018–2025 period, with spikes of up to 60%, driven by massive currency depreciation and the constant monetisation of fiscal deficits.
Monetary collapse and the myth of sanctionsSince 2018, the rial has lost almost 95% of its value against the dollar, including a depreciation of more than 60% just between 2024 and 2025.
This collapse stems from relentless money printing to finance uncontrolled budget deficits, a domestic loss of confidence in the currency, capital flight, and a regime that has treated the central bank as a mere financing arm of the state.
All of this has happened while the government received billions of dollars from oil exports and enormous financial support from China, Russia, and other Asian countries.
This is a state that prints money without restraint or underlying demand
The regime insists that Western sanctions are the primary cause of hardship. This is a convenient but false excuse.
The Iranian regime has not fallen into economic crisis because of U.S. sanctions. It has dozens of trade agreements with the world’s largest economies and generates enormous oil income from exports of more than 1.3 million barrels per day.
The problem is that practically none of this wealth reaches ordinary citizens. This is a state that prints money without restraint or underlying demand, borrows heavily from its own banking system and generates capital flights while its currency collapses.
Financing terror and institutional corruptionThe elimination of Mohammad Reza Ashrafi Kahi, head of Trade at the Oil Headquarters, exposed a multibillion-dollar structure that financed the military activities of the Revolutionary Guard, Hamas, Hezbollah, and other armed groups using revenues from crude oil sales.
Between November 2024 and November 2025, government debt to the banking system increased by 41% and debt to the central bank by 68%, forcing the authorities to monetise the deficit.
Over the same period, commercial banks increased their borrowing from the central bank by 63%, flooding the economy with worthless local currency.
Official sources cited by the oil exporters’ association report 47 billion dollars in crude oil and gas export revenues in 2025
As a result, the money supply was growing at annual rates of more than 40%, according to official data compiled by expert Mohamad Machine Chian, with the rial plunging despite massive export revenues.
These huge oil revenues are used to finance corruption and terror. Official sources cited by the oil exporters’ association report 47 billion dollars in crude oil and gas export revenues in 2025.
With that level of income, the economy would be growing, and inflation would be moderate if the funds were used to benefit Iranian society and its productive fabric.
Instead, reports on capital outflows describe a clear pattern: money leaves Iran faster than it comes in, which forces the regime to rely even more on the printing press and on internal fiscal plunder, according to the BTI Project.
IRGC dominance and the destruction of the private sectorIran has implemented all the measures that demolish an economy: legal and investor insecurity, expropriations, price controls, subsidies, and an oversized public sector that preys on a private sector now reduced to barely 15% of the economy.
When oil revenues are diverted to finance terrorist and military projects, the government tries to create an illusion of strength through monetary financing and opaque off-budget operations, accelerating inflation and currency collapse.
Over decades, the Guards have transformed themselves from a military organisation into a sprawling business empire
At the heart of Iran’s self-inflicted economic damage lies the Islamic Revolutionary Guard Corps (IRGC). Over decades, the Guards have transformed themselves from a military organisation into a sprawling business empire that now controls an estimated 45–50% of economic activity.
Through parastatal conglomerates, front companies, and privileged access to state contracts, the IRGC dominates key sectors including energy, construction, telecommunications, and transport (Iran: Institutionalized Corruption and a Collapsed Economy, Shamsi Saadati).
The human cost and obstacles to recoveryThis dominance has several destructive effects.
Crowding out productive investment. Most oil and state revenues are sent to IRGC-linked entities. A large part of resources is used to finance regional terror groups and foreign expansion adventures.
While other oil exporters built sovereign wealth funds, invested in human capital, and diversified into services and manufacturing, Iran’s regime used oil rents to entrench political control, finance terror, and reward cronyism.
The human cost of this mismanagement created poverty and unrest. Years of high inflation have pushed most of the middle class into poverty by wiping out savings and eroding wages in real terms.
By the time the current war began, the economy was already in deep crisis.
The main obstacles to recovery are political rather than technical. Iran needs fiscal discipline, central bank independence, transparent budgeting, a sharp reduction in the IRGC’s economic dominance, and a credible commitment to the rule of law and property rights.
Instead, the regime has consistently chosen its survival, imposing a system of terror and sacrificing growth and prosperity to maintain political control.
Long before the first bomb fell, the regime had already destroyed the economy and any prospect of sustainable growth and social stability.
The challenge for any future government will be to rebuild an economy that serves citizens rather than a narrow circle of officials.
Ending the war is urgent; ending the current regime’s economic model is essential.
Tyler Durden Tue, 04/21/2026 - 06:30Global electricity demand rose by 3% in 2025, with growth nearly triple compared to the 1.3% increase in total energy consumption, as data centers and electric vehicles continued to push power use higher, the International Energy Agency (IEA) said in a report on Monday.
Overall global energy demand growth slowed to 1.3% in 2025, slightly below the previous decade's average of 1.4% and significantly lower than in 2024, as global economic growth slowed and cooling demand in Asia was lower than in 2024, the IEA found in its annual Global Energy Review report published today.
While total energy demand growth cooled, electricity demand continued to grow strongly, with an annual rise of 3% last year, the IEA found.
The growth rate dropped from 4.4% in 2024, when intense heat waves in India and Southeast Asia had boosted electricity consumption. Still, the 2025 growth rate in electricity demand remained above the 2.8% annual average between 2014 and 2024 and was also well over twice the 1.3% rate of overall global energy demand growth in 2025.
The global numbers mask the important role played by China. The country’s energy intensity improvements slowed sharply from nearly 4% per year between 2010 and 2019 to just 0.6% per year from 2019 to 2024. In 2025, China’s energy intensity improvement jumped back to above 3%. Putting China aside, global energy intensity improvements would have appeared more stable in recent years. Understanding why China’s energy intensity slowed so dramatically in recent years requires further analysis. However, it appears to be in part because of adverse weather and partly due to structural changes in China’s economy after Covid-19 towards a more export- and industry-intensive model of growth.
Electricity demand in the United States grew by 2% last year, slower than the 2.8% growth seen in 2024 but more than three times as fast as the average growth rate over the previous decade, the IEA said.
The buildings sector accounted for 80% of US power demand growth in 2025, boosted in particular by rapidly-increasing data center loads. Data center power demand alone contributed around half of the entire increase in electricity consumption in the U.S. last year. A cold winter, with a nearly 10% increase in heating degree days, also supported power demand in 2025 by boosting space heating needs, according to the Paris-based agency.
Solar power met the most of the energy demand growth globally last year, followed by gas, the IEA said.
In the electricity sector, the additional 600 terawatt-hours of solar PV generation worldwide in 2025 marked the largest structural increase ever recorded in a single year for any electricity generation technology, contributing to a decline in coal-fired electricity generation globally. Battery storage was the fastest-growing power sector technology in 2025. The roughly 110 gigawatts of new battery storage capacity added during the year exceeded the largest-ever annual capacity additions for natural gas. Meanwhile over 12 gigawatts of nuclear power reactors began construction in 2025, amid renewed momentum for nuclear projects in several regions.
“Global energy demand continued to increase in 2025 against a complex economic and geopolitical backdrop, with one trend unmistakeable: the expanding electrification of economies,” said IEA Executive Director Fatih Birol.
“Electricity consumption is growing much faster than overall energy demand – and one energy source is growing much faster than any other. Solar PV accounted for over a quarter of all of the world’s energy demand growth – more than any other source, for the first time – followed right after by natural gas. In today’s rapidly shifting landscape, countries that prioritise resilience and diversification will be best placed to manage volatility and deliver secure and affordable energy in the years ahead.”
Here are the reports' key findings summarized:
All major energy fuels and technologies grew in 2025 – but at very different rates. Overall global energy demand growth slowed to 1.3%, just below the average for the previous decade. Slower economic growth and slower growth in energy-intensive industries in some regions, lower cooling demand, and faster efficiency improvements all contributed to slower demand growth.
Solar PV, the largest single source of growth, met more than 25% of higher demand, followed by natural gas, which contributed 17%. This was the first time on record that a modern renewable source contributed the largest share of global energy demand growth. Demand for oil, natural gas and coal all grew in 2025, but at a slower rate than in 2024. Low-emissions sources combined – solar, wind, nuclear, hydropower and other renewables – contributed nearly 60% of the growth in global demand.
Demand growth in the United States rose to its second highest level since 2000, excluding post-recession rebound years, boosted by strong electricity demand from data centers, robust industrial growth and colder temperatures. The People’s Republic of China (hereafter, “China”) accounted for the largest overall share of global energy demand growth, but at 1.7% its growth rate slowed sharply due to the rapid growth of renewables and efficiency improvements.
Demand for electricity grew at well over twice the rate of energy demand, reaffirming that the world has entered the Age of Electricity. Growth of nearly 3% remained above the average of 2.8% over the last decade, but was slower than in 2024, largely due to one-off factors such as lower demand for cooling in India and Southeast Asia. Electricity demand growth was again driven by a wide range of end uses in buildings and industry. Although only contributing a small share of this total growth, demand from electric vehicles and data centres grew rapidly. In the United States, data centres made up half of all growth in electricity use.
Oil demand growth slowed further in 2025, increasing by 0.65 million barrels per day (mb/d) or 0.7%, down from 2024’s already muted 0.75 mb/d of growth. The increase in both years, which was in line with IEA projections, remained well below the average annual rise between 2010 and 2019 of 1.4 mb/d. The slower increase mainly reflected weaker growth in petrochemical feedstocks, notably in China, while continued growth of electric vehicles kept oil demand for road transport in check. Electric car sales continued their rapid growth, climbing over 20% to more than 20 million units – around one quarter of new car sales in 2025.
Gas demand growth slowed markedly in 2025, rising by around 1%, down from the 2.8% recorded in 2024, amid relatively high prices in the first half of the year. Incremental demand was largely concentrated in the United States and European Union, supported by colder winter weather, and in the Middle East, where gas use in the power sector grew quickly. By contrast, Asia Pacific demand grew at its weakest pace since the 2022 energy crisis.
Coal demand in 2025 grew only modestly above 2024 levels, rising by around 0.4%. In the United States, gas-to-coal switching and strong growth in electricity demand supported a 10% rise in coal use, reversing the trend of recent declines. Coal demand was flat in China: strong renewables growth pushed down coal use in electricity generation, while in industry, lower coal use in steel and cement production was offset by increased use for chemicals. Coal demand for power generation decreased in India, mostly due to an early, strong and long monsoon.
The increase in generation from renewables and nuclear power in 2025 exceeded the total growth in electricity supply. The 2025 increase in solar PV of 600 terawatt-hours (TWh) was the largest-ever electricity generation increase by any source in one year, outside of periods of post-crisis recovery. The rise in solar PV alone met around 70% of electricity generation growth. Renewables combined now virtually match total global generation from coal. In the European Union, the share of solar PV and wind reached 30% in 2025, surpassing that of fossil fuels for the first time. Electricity generation from natural gas and from nuclear power continued to grow at the global level in 2025.
Annual global renewable capacity additions rose to a record 800 gigawatts (GW), of which solar contributed 75%. Battery storage was the fastest growing power technology: capacity additions rose by around 40% in 2025 to reach almost 110 GW, more than the highest-ever annual capacity additions from natural gas. In addition, construction started on over 12 GW of nuclear power capacity in 2025.
Global growth in energy-related carbon dioxide (CO2) emissions slowed further in 2025, rising by around 0.4%. Emissions from China fell due to the boom in renewables, structural declines in energy-intensive industry, and overall slower demand growth. India’s energy-related CO2 emissions were flat for the first time since the 1970s, largely due to cyclical effects from a strong monsoon combined with structural growth in renewables. A cold winter and higher natural gas prices pushed up emissions in advanced economies. Due to these trends, emissions from advanced economies grew faster (+0.5%) than those from emerging market and developing economies (+0.3%) for the first time since the 1990s.
The rollout of clean energy technologies since 2019 avoided more than 35 exajoules of annual fossil fuel demand in 2025, equivalent to around 7% of global fossil fuel use annually. Deployment of solar PV, wind, nuclear, electric cars and heat pumps since 2019 also prevents 3 billion tonnes of CO2 annually, or around 8% of global emissions. The avoided coal demand (around 800 million tonnes of coal equivalent) equates to more than the entire coal use of India in 2025. Estimated avoided gas demand (over 260 billion cubic metres) is equivalent to almost half the global liquefied natural gas (LNG) market.
Trump says 'highly unlikely' will extend ceasefire if deal not signed in Pakistan. Pakistan PM Sharif reportedly asked US & Iran, pressing for another 2-week extension.
President Pezeshkian cites "historical distrust" and states on X: "they seek Iran's surrender. Iranians do not submit to force."
Vance intends to depart Tuesday to Pakistan, though still unclear whether Iranians will join - Pakistanis say yes, but timeline is fluid. Trump warns "nobody's playing games" & "lots of bombs will go off" if no deal (PBS)
Xi to Saudi crown prince important phone call: "the first time the Chinese leader had called for the reopening of the strategically vital waterway."
* * *
NYT: Iranians Making Plans to be in PakistanThe NYT now says the Iranians are soon expected in Pakistan, despite that for the past 12-hours they issued denials that they are ready and willing to enter a second round of talks. In the meantime Pakistan is reportedly pressing for another 2-week extension of the ceasefire.
"An Iranian delegation is making plans to travel to Islamabad on Tuesday for negotiations with the United States, according to two senior Iranian officials familiar with the plans. Mohammad Bagher Ghalibaf, the influential political and military figure leading the talks," the publication writes. Latest follow-up from Ghalibaf amid continued conflicting info:
Yet, talk about of Tehran is still firm and tough, signaling the two sides are in reality far away from agreeing on anything, particularly the nuclear issue. While Iranian President Pezeshkian has newly stated that "honoring commitments is the basis of meaningful dialogue" - it remains there is "historical distrust". He has stated on X: "they seek Iran's surrender. Iranians do not submit to force."
An afternoon very long Truth Truth Social, claiming that Trump won't let Democrats rush US into making a deal with Iran. Also says the new deal will be far better than the Obama-era JCPOA.
And he followed soon after with:
Trump: 'Highly Unlikely' He Extends CeasefireLots of contradictory messaging this morning from Washington, Tehran, and Islamabad. Trump has said he will note open the Strait of Hormuz until a deal is signed (as both sides inside they in effect control the waterway).
Trump has also asserted that it remains 'highly unlikely' that he extends the ceasefire with Iran, at a moment Tasnim reports that "Iran's decision not to participate in the negotiations has not changed until this moment."
'Lots of Bombs Will Go Off' If Ceasefire Ends With No Deal: TrumpPresident Trump says bombs will go off if the ceasefire expires (set to end by Wed April 22), PBS reports. But he also said he doesn't know if Iran is doing the next round of talks but says it is fine if Iran is not at the Pakistan talks. So who does Washington, led by VP Vance's team, plan to talk to... itself? Or it might just plan to keep sending messages to the Pakistanis. The US could also be seeking to 'demonstrate' that the Iranians have simply refused negotiations, and so this will 'justify' bombs away again. Here are the latest Monday statements from Trump given to PBS:
His latest Monday morning Truth Social post, which appears very on the defensive:
Fresh Pentagon data indicates the US blockade has thus far directed 27 vessels to turn back.
Contradictory Reports of Vance TravelSo it seems the second round of talks are actually on, after several recent contradictory headlines concerning Tehran's intent to send a team. As of Monday morning the Iranians have been signaling the cold shoulder, even as Pakistani officials quietly leak that their arrival is expected.
The NY Post freshly reports: "Vice President JD Vance and the US delegation to the peace talks here with Iran are en route to Pakistan and expected to land within hours, President Trump on Monday told The Post — adding that he was willing to meet with senior Iranian leaders if a breakthrough is reached." However, CNN is saying he has not actually departed yet, and may not till Tuesday, as the talks are reportedly being planned for Wednesday.
"We’re supposed to have the talks," Trump said in an interview when asked whether talks or still happening of if they are falling apart. He added: "So I would assume at this point nobody's playing games." According to more:
The president confirmed that a high-level US delegation — including Vice President JD Vance, special envoy Steve Witkoff and adviser Jared Kushner — is already en route to Islamabad for the next round of negotiations.
“They’re heading over now,” Trump said shortly after 9 a.m. EST. “They’ll be there tonight, [Islamabad] time.”
NBC notes that, "Further complicating the picture, different Iranian leaders are sending contradictory messages. The IRGC vowed revenge for the seizing of an Iranian cargo ship yesterday, even as Iranian President Masoud Pezeshkian continued to emphasize diplomacy."
Shipping Traffic Halt LatestAl Jazeera and others have written the strait is at a virtual standstill currently, after the major Sunday incident which saw the US Navy intercept, fire upon, and board an uncooperative ship which was trying to pass the US-imposed blockade. It was an Iranian-flagged ship which was forcibly stopped in the Gulf of Oman, where some dozen US warships have been patrolling.
Just three ships have crossed in the past 12 hours, shipping data indicates. The same publication records that "Oil products tanker Nero, which is under UK sanctions, has left the Gulf and is sailing through the strait, according to satellite analysis from data analytics specialists SynMax and tracking data from the Kpler platform." And: "Two other ships – a chemical tanker and a liquefied natural gas tanker – have also sailed into the Gulf through the critical waterway separately, the data showed."
Reuters: Senior Iranian official says positive efforts have been started by Pakistan to end the US blockade and ensure Iran's participation in talks.
On Monday a spokesman for Iran's military reiterated a threat to "take the necessary action against the US military" after the Sunday US interdiction. He described that that Iran's military exercised restraint over the incident, not taking immediate action, in order to protect the ship's crew, but will act "once it is ensured that the lives of the families and crew of the vessel attacked by the United States are safeguarded." Apparently the crew's family members are accompanying them aboard the vessel, the statement suggests.
⚡️ US military releases footage of “seizure of Iranian ship Touska in Strait of Hormuz” pic.twitter.com/d7qk7G5oeC
— War Monitor (@WarMonitors) April 19, 2026 Important Xi Jinping Statement on HormuzChina's President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia's Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of shipping traffic after about 50 days of disruption which obviously and significantly impacts Chinese oil imports.
"Normal navigation through the Strait of Hormuz should be maintained, this is in the shared interests of regional countries and the international community," Xi said. He called for an immediate, comprehensive ceasefire and insisted disputes be resolved through political and diplomatic means.
South China Morning Post observes that it was "the first time the Chinese leader had called for the reopening of the strategically vital waterway, which has been repeatedly blockaded since US-Israeli strikes on Iran began on February 28." China imported 5.86 million tons of crude oil from Saudi Arabia, down 10% from February, according to customs data released Monday.
Second Pakistan Talks Imminent?After the Sunday dramatic US seizure of the Iranian-flagged ship, Iran's Foreign Ministry has said the country currently no plans regarding a new round of talks, however, it also said it is reviewing the latest Washington proposal related to a second round of Pakistan-hosted talks. With that, by Monday it reasserted that the transfer of enriched uranium out of the country or into US custody has never been on the table. Tehran is insisting that it won't be transferred anywhere.
This firm stance is after President dramatically shifted his tone over the weekend from strangely and surprisingly somewhat praising Iran's leadership (with statements such as the US could work with them and possibly trust them) to once up again ramping up threats, posting "No more Mr. Nice Guy" on social media.
Currently there are conflicting reports on whether the Iranian side will actually be there for reported possible Tuesday talks. Pakistan officials say the timing of the talks remains fluid. According to the latest via Associated Press Iranian authorities have expressed willingness to send a delegation to Islamabad, citing two Pakistan officials. The officials reports "cautious optimism that delegations from both Iran and the United States could travel to Islamabad."
Some confused and conflicting signaling, likely purposely so...
Iran's Foreign Ministry spokesman Esmail Baghaei:
We have no plans for the next round of negotiations. pic.twitter.com/CFb16qt8vM
The NY Times has declared that JD Vance will try again:
The vice president is scheduled to lead an American delegation back to Islamabad, Pakistan, this week for another round of in-person negotiations with Iran after failing to secure a deal just over a week ago.
Whether the talks even occur seems in dispute. Hours after President Trump announced the trip on Sunday, Iranian state media said that Tehran had not yet agreed to any such meeting. Later, Mr. Trump announced that a Naval destroyer had attacked an Iranian-flagged cargo ship that tried to skirt the U.S. blockade on Iranian ports in the Strait of Hormuz.
President Trump has been threatening major escalation should there be no negotiated settlement, at a moment the two sides' position are very distant especially on the nuclear issue.
Zero Sum Positions on Nuclear IssueThe problem, according to University of Chicago Professor Robert Pape is the zero sum logic of it all. "In a matter of a day, the system snapped back to escalation," he wrote over the weekend. "This is not a story about fragile diplomacy or poor sequencing. It is a story about zero-sum conflict, where the core issues cannot be divided, traded, or deferred without forcing one side to accept a strategic loss—a direct contest over relative power."
"At the center of the war is a fact that cannot be negotiated away: Iran either retains a nuclear capability on the threshold of weapons, or it does not," Pape continues. "There is no stable middle ground that satisfies both sides."
POTUS is laying out two courses of action—a negotiated settlement, or a major escalation.
There is a third option, and he should take it: recognize there is no way to force a positive outcome and simply leave.
The region is not ours to fix. President Reagan chose this path in… pic.twitter.com/5ovi05FdwE
And more from the analysis: "The same zero-sum logic applies—more visibly and more immediately—to the Strait of Hormuz. Before the war, Hormuz functioned as a global commons, carrying roughly one-fifth of the world’s oil supply. That assumption is now broken. Iran has demonstrated that it can shift from disruption to conditional control, allowing passage under its terms while restricting or denying access when it chooses. The United States, in response, is attempting to preserve open navigation through blockade and interdiction. But these positions cannot be reconciled."
Tyler Durden Tue, 04/21/2026 - 05:25The defeat of Viktor Orban in Hungary last weekend was celebrated by many who saw the former president as establishing single-party rule in his central European nation. The irony is that this claimed victory for democracy may fuel the establishment of a global governance system that is neither democratic nor accountable to citizens.
The European Union was criticized by many for taking sides in the Hungarian election and for undermining Orban, who asserted national priorities in disputes with the EU.
No sooner had Orban conceded defeat than a jubilant European Commission President Ursula von der Leyen called for the final coup de grace for national identity and sovereignty: the elimination of the ability of nations to stand against EU policies.
Orban was controversial for his ties to Russian President Vladimir Putin and his lack of support for Ukraine. He was also accused of authoritarianism and corruption. I shared in some of those criticisms.
However, the unintended consequence of this election could be the removal of a single autocrat in favor of a global bureaucracy.
Van der Leyen helped elect the pro-EU Peter Magyar in order to remove a barrier to the EU’s ultimate exercise of power. The EU had been squeezing Hungary over its defiance by holding back billions in funds. Despite his tough talk on negotiations with the EU, Magyar is expected by EU bureaucrats to be a suppliant, willing to fall into line with the EU agenda.
The EU Chief has reportedly already given Magyar a list of 27 demands he must meet before she will turn the spigot back on. She did not try to hide the agenda, announcing that the EU needed to “use the momentum now” to consolidate its power.
With Hungary out of the way, Von der Leyen is calling for the EU to finally do away with the last vestige of national sovereignty: the veto exercised by its member states.
Under the plan, member states would lose control of their policy and could be forced to adhere to the priorities and values of the EU majority.
The EU Chief celebrated the new day of global governance in the making: “Moving to qualified majority voting in foreign policy is an important way to avoid systemic blockages, as we have seen in the past.”
In “Rage and the Republic,” I discuss the dangers posed to the American republic this century by the rise of global governance systems like the EU. The book explores how globalists planned to gradually get nations to yield their authority to the EU — destroying national identity and sovereignty in favor of an EU bureaucracy in Brussels.
As the EU moves to kill off national sovereignty, EU commissioners are calling for a single European military command, completing a longstanding globalist goal.
The 250th anniversary of our republic is occurring as we face an unprecedented EU threat. Our revolution was fought against a foreign empire. It now faces an even greater threat from a global government asserting the right to compel American companies to censor Americans and comply with environmental, social and governance or ESG policies.
At the same time, American figures such as Hillary Clinton are encouraging the EU to deprive Americans of their First Amendment rights using the infamous Digital Services Act to restore speech controls to social media. Other Americans have testified before the EU, calling on it to fight the U.S. Banners are now flying in Europe declaring, “We are the Free World Now,” as the globalists attempt to supplant freedoms guaranteed by the U.S. Constitution.
If the American Republic is to survive another 250 years, it must preserve key rights that the EU has been systematically destroying in Europe — freedom of speech, division of powers and political accountability of decision-makers.
That is why, I believe, the EU is inherently unstable and likely to ultimately collapse.
The EU has worked very hard to dismantle national sovereignty and identity in its member states. Historically, such collapses have been followed by different forms of tyranny.
Whatever comes next — and I could be wrong in my pessimism about the EU — the U.S. must take seriously the threat that this global governance system poses to our own values and sovereignty.
Von der Leyen is right that there is “momentum now” for the globalists, but the momentum of history still rests with the U.S. and its unique experiment in self-governance.
We saw this threat before, and we defeated a world empire. If we are to survive and thrive in this century, we will need to return to our own creation as a republic — to dig deep down and remember who we are as citizens.
Ours was the first Enlightenment revolution that embraced natural rights originating not from government but from God. We remain a unique people, joined by an article of faith found in our own Declaration of Independence. If this republic is to survive, it will be up to each of us, in the words of Benjamin Franklin, to “keep it.”
Jonathan Turley is a law professor and the best-selling author of “Rage and the Republic: The Unfinished Story of the American Revolution.”
Tyler Durden Tue, 04/21/2026 - 05:00More than $71 billion will be required over the next decade to recover and rebuild Gaza following the brutal Israel-Hamas war, according to a new report. Hamas leadership has been largely decimated, though the group has yet to be completely disarmed, and there are still calls within the Israeli government among some hawkish officials to simply conquer and promote Jewish settlement of the whole territory.
In their final Gaza Rapid Damage and Needs Assessment (RDNA) which was released Monday, the European Union and the United Nations said the conflict has had a "catastrophic impact on human development" and left the enclave in urgent need of massive funding.
UNRWA image: Destruction in northern Gaza.A massive $26.3 billion will be needed in just the first 18 months to restore essential services and rebuild infrastructure, per the report. And much more will be needed in the years to follow if Gaza is ever returned to 'normal'.
"Physical infrastructure damages are estimated at $35.2 billion, with economic and social losses amounting to $22.7 billion," a joint statement said.
Gaza official remains under a fragile ceasefire agreed in October following two years of war triggered by the October 7, 2023, Hamas-led attacks on southern Israel. Gaza health officials have stated over 75,000 people died in 2+ years of heavy Israeli bombardment, as well as ground operations.
The hardest-hit sectors include "housing, health, education, commerce, and agriculture, and the war has set back human development in Gaza by 77 years - per the report, also as reviewed by Al Jazeera.
There currently doesn't really seem to be much of a serious plan or much momentum toward rebuilding, however, given there are currently two competing visions for reconstruction of Gaza: one is Trump's 'Board of Peace' and the other is an UN-backed approach.
The United Nations and the European Union have said reconstruction must be "Palestinian-led" and based on "approaches that actively support the transition of governance to the Palestinian Authority."
But part of Washington's approach is to establish a sprawling multi-national military base inside Gaza. This could include some 5,000 troops - including potentially American soldiers.
However, the Trump administration has consistently stated it doesn't plant to put 'boots on the ground' in Gaza, but that could change. Turkey has been poised to offer some troops, but this is highly controversial from the West's perspective.
Tyler Durden Tue, 04/21/2026 - 04:15