Hungarian Conservative

Wizz Air has cancelled all flights to Israel until 15 November but is continuously reviewing the situation. The airline is in constant contact with Israeli, Hungarian, and international authorities, monitoring the events in Israel.

Airlines are systematically cancelling or suspending their flights to Israel since the Palestinian terrorist organization Hamas launched a comprehensive attack on the Jewish state on Saturday morning, resulting in hundreds of casualties. This resulted in significant drops in the companies’ share prices.

‘Indeed, things are getting so difficult for Xi’s authoritarian directives…China’s economy actually fell into deflation in July, while factory-gate prices also extended declines—its debt is three times its GDP in 2022. Beijing’s consumer price index, the main gauge of inflation, fell 0.3 per cent in July, the National Bureau of Statistics of China (NBS) said, after having flatlined in June.’

Balázs Orbán opined that the economic competition between the Western and non-Western world is becoming balanced, thus the world is returning to a state of equilibrium. He recalled that in 1990, the Western world accounted for 50 per cent of the global economic power, whereas this year it is only 30 percent, and this loss of influence is visible in several areas.