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EU Seals Deal On Gas Price Cap After Months Of Wrangling

EU energy ministers reached a deal on Monday (19 December) to limit excessive gas prices, following months of debate over whether or not to implement a price cap on imports into Europe. Under the agreement, gas prices on the EU’s main trading hub will be capped should they exceed €180 per megawatt-hour (MWh) for …

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History Shows High Inflation Can Last Over Ten Years – Analysis

Investors are on the edge of their seats for any sign that Fed central planners will someday “pivot” to cutting interest rates, instead of raising them. They forget that recessions and major stock bear markets have occurred after the Fed started cutting rates and the yield curve spread shifted from negative to …

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Saudi Energy Minister: OPEC+ Decision Turned Out To Be Right For Market Stability

An OPEC+ decision taken in October to cut oil production by 2 million barrels a day turned out to be the right one for supporting the stability of the oil market despite being described as “very risky” and “unfortunate” at the time, Saudi Arabia’s energy minister said on Tuesday. Speaking to the …

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Ukraine: Russians Pillage Kherson Cultural Institutions, Says HRW

Russian military forces and civilians operating under their orders pillaged thousands of valuable artifacts and artworks from two museums, a cathedral, and a national archive in Kherson, before withdrawing after an 8-month occupation of the city, Human Rights Watch said. Since Russia’s full-scale invasion of Ukraine in February, its forces …

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Russia Struggles To Maintain Munition Stocks (Part Two) – Analysis

While the Kremlin stubbornly contends that the Russian defense industry will have no issues in replenishing those munitions that have been heavily depleted in Ukraine, closer analysis of the production rates within the industry reveal otherwise. First and foremost, Russia’s heavy shelling of Ukrainian civilian infrastructure has led to a …

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Why Did Latvia Ban Dozhd? Imperial Legacies And National Debates – Analysis

On Dec. 1, Aleksey Korostelyov, the host of Russian opposition TV channel Dozhd (TV Rain) broadcasting from the Latvian capital Riga invited his viewers to share testimonies about Russia’s mobilization process and problems in the Russian army. At the same time he expressed hope that “we also helped many military personnel, namely …

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The Significance Of Bitcoin For State Power – Analysis

Much has been said about the problematic implications of cybercurrencies like Bitcoin for contemporary security environments. After all, they provide unsupervised conduits for the cross-border circulation of money in ways that can conceal the identities of those responsible. Needless to say, such advantage can be useful for the various financial …

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Communism Capitalizes On Extremism – OpEd

In order for organized communism to exert its will on the people that it governs, it must be able to justify its mass curtailment of individual human rights, civil liberties and police state power over the most minute areas of each of its citizens daily lives.  The abusive use of …

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Iran Claims It Busts Mossad Spy Team Targeting Defense Industry

The Intelligence Ministry of Iran identified and arrested the members of a Mossad spy network who were planning to sabotage the country’s defense industry through security marketing.  The Iranian intelligence forces uncovered a plot by a Mossad espionage network to gather information from Iranian knowledge-based companies that cooperate with Iran’s …

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Britain’s Battle Against The Boat People – Analysis

In the second week of December, British Prime Minister Rishi Sunak told parliament that in 2023, his government will announce new measures to curb ‘illegal’ immigration. “If you enter the UK illegally you should not be able to remain here,” Sunak told parliament. “Instead, you will be detained and swiftly …

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