As the European bond market falls, European Central Bank (ECB) President Christine Lagarde said on June 28 that the central bank will start a bond-buying program on Friday to curb possible debt crises. The ECB is considering maintaining “flexibility” in its reinvestment allocation to its massive EUR 1.7 trillion bond-buying …
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Jokowi’s Russia-Ukraine Mission Offers Hope, But He Must Follow Up
Indonesian President Joko “Jokowi” Widodo’s shuttle diplomacy to Ukraine and Russia this week offered some hope for peace but he needs to follow up with further dialogue to ensure his efforts are not a mere flash in the pan, analysts said. While his mission to persuade Moscow to declare a …
Read More »Goodwill gestures and de-Nazification: Decoding Putin’s Ukraine War lexicon
Ever since Russian troops first crossed the Ukrainian border on February 24, the Kremlin has employed characteristically euphemistic language in order to downplay the criminal nature of the unfolding invasion. This has led to the creation of an entire alternative reality where Russian troops are noble liberators waging a chivalrous …
Read More »Why Russia’s economy is more resilient than you might think
Since Russia’s unprovoked invasion of Ukraine, the United States and Europe have deployed tools of economic warfare with the explicit goal of crippling the Russian economy and rendering the Kremlin unable to wage its war of aggression. The alacrity and scale of the Western response—which has included freezing Russia’s foreign-currency …
Read More »Algeria has been isolated for years. Now it’s making a shaky return to the world stage.
Long viewed as North Africa’s most isolated and inscrutable country, Algeria is suddenly the belle of the ball. This year, Algeria has hosted official visits from Italian Prime Minister Mario Draghi, Venezuelan President Nicolás Maduro, and the foreign ministers of France, Italy, Portugal, Russia, and the United States (the first …
Read More »Fuel Crisis Ongoing; Where Does Iranian Oil Go?
Regime cronies are seizing the oil and selling it in the black market for profit, according to al-Iqtissad. A media source revealed that the agreement achieved by Bashar al-Assad during his recent visit to Iran is to supply Syria with all its actual needs of oil, amounting to three million …
Read More »U.S. Strike Kills Senior Yemeni Al-Qaeda-Linked Commander in Northwest Syria
The strike came shortly before midnight on Monday, according to al-Araby al-Jadeed. A drone strike by the U.S.-led coalition in northwestern Syria killed a senior member of an Al-Qaeda-linked group, Syrian opposition activists and the U.S. military said on Tuesday. The attack on the suspected militant, who was riding a …
Read More »Daraa: Assassination of Baath Party Branch Secretary and his Family
The attack is the deadliest since the start of a series of assassinations in the area, according to al-Modon. An unidentified armed group attacked the house of the former secretary-general of the Baath Socialist Party branch in the Daraa governorate, Kamal al-Atma, in the northern city of al-Sanamayn. They killed …
Read More »Iran-Backed Militia Arrests 30 Syrian Fighters
Iran-backed militias continue to arrest Syrian fighters who refuse to fight with them, according to Asharq al-Awsat. Iran-backed militias continue to arrest local fighters who refuse to participate in combing operations in the Deir-ez-Zor countryside desert. The militias arrested at least 28 Syrian members amid reports of apprehending others who …
Read More »Europe Imports Syrian Phosphate through Russian Company
The investigation identified European countries importing phosphates, like Italy, Bulgaria, Spain, and Poland, according to al-Souria Net. An investigative report revealed on Thursday that large quantities of Syrian phosphate were exported to several European countries, through a Russian company. A group of investigative journalists from Lighthouse Reports and the Organized …
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