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Davos 2023: Saudi Arabia ‘open’ to discuss trading in non-dollar currencies

Qatar also voiced support for Elon Musk’s leadership of Twitter at the annual forum in Davos, Switzerland. Saudi Finance Minister Mohammed Al-Jadaan said on Tuesday that the kingdom is open to trading in currencies aside from the US dollar in order to “improve trade.”  “There are no issues with discussing …

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Russia to expand private militaries in broader Middle East amid staffing crisis

As it wages a full-scale war in Ukraine, Russia wants to reform its army while being chronically short of security personnel, and increasingly dependent on mercenaries During the Syrian military campaign, the problems within the Russian army units were strictly visible to specialists. But in Ukraine, where Moscow and Kyiv …

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Will A Trillion Dollars Per Year Buy America A Better Defense? – Analysis

The Pentagon had a very merry Christmas but all the American taxpayers got was a lump of coal. The U.S. Congress passed an omnibus spending bill that awarded the Pentagon $45 billion more than originally requested – a record $816.7 billion dollars – out of $858 billion for the national defense establishment. …

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