Eurasia Press & News
Ukraine’s Volodymyr Zelenskyy told cheering U.S. legislators during a defiant wartime visit to the nation’s capital on Wednesday that against all odds his country still stands, thanking Americans for helping to fund the war effort with money that is “not charity,” but an “investment” in global security and democracy. The …
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December, 2022
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23 December
Explosion in northern Iraq kills two soldiers, injures three
Two soldiers were killed and three were injured in an explosion in northern Iraq, Iraqi state news said Thursday. The soldiers were traveling in an army vehicle a day earlier in the Makhmour district when an explosive device detonated, the state Iraqi News Agency reported. No group immediately claimed responsibility …
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22 December
Is Democracy On The Wane? – OpEd
The Russian invasion of Ukraine coupled with Chinese muscle flexing comparable to a superior Power demonstrating the capacity of illiberalism to deliver goods to the needy more quickly than the democratic countries can do is an eye opener. Illiberal regimes can do because for example Xi Jin Ping’s Communist Party …
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22 December
China In The Middle Ground Between Middle Eastern Rivals – Analysis
In December 2021, United States intelligence claimed China was helping Saudi Arabia develop ballistic missiles. Washington feared the Saudis were abandoning them in pursuit of a closer partnership with China. For some US policymakers, this pointed to the growing threat of China displacing the United States as the principal external power in the …
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22 December
The Death Of Globalization And The New Industrial Models – Analysis
On December 6, TSMC held the opening ceremony for the arrival of the first batch of machines and equipment at its Arizona wafer fab. The event was attended by some of the most important personalities in the U.S., among whom were President Joe Biden, Secretary of Commerce Gina Raimondo, members …
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22 December
Will Russia Survive Until 2084? – Analysis
Will Russia survive until 2084? Readers may recognize the query as an allusion to Andrei Amalrik’s historic 1969 essay, “Will the Soviet Union Survive Until 1984?,” which itself was an allusion to Orwell’s famed novel. As with Amalrik’s question about the Soviet Union’s future, this query focuses on Russia’s future …
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22 December
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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22 December
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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22 December
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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22 December
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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