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Mamdani to Drain Rainy Day Fund AND Raise Taxes

New York City Mayor Zohran Mamdani announces he is “forced to raid the rainy day fund, retiree benefit trust reserve, and to increase property taxes” in order to keep the city on “firm financial footing” pic.twitter.com/iIJ8Fu4f4D — America (@america) February 17, 2026 Here we go again. A city runs expansive social programs, expands spending, promises

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Canada Completes Construction of Nuclear Power Plant

What you are looking at with Canada completing the roughly $9.4 billion Darlington nuclear refurbishment early and under budget is something that completely contradicts the prevailing political narrative about energy policy in the West. The final 878-MW unit is now preparing to return to commercial operation, marking the end of a decade-long rebuild of the

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Industrial Production Falls 1.4% in Euro Area

According to the February 2026 Euro indicators data, euro area GDP expanded by just 0.3% in the fourth quarter, matching the previous quarter and underscoring a persistent low-growth environment across the bloc. Year-over-year growth is hovering around roughly 1.3%, which is hardly a recovery when you consider the massive fiscal expansion, energy disruptions, and regulatory

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