The world’s total military expenditure surpassed $2.24 trillion in 2022, with Europe recording its steepest rise in the last three decades, according to the annual military expenditure report of the Stockholm International Peace Research Institute (SIPRI). The report was published on April 24. The annual report notes that global military …
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The Post-Dollar World Is Coming – OpEd
Over the past few months, a series of important events have happened that herald the collapse of the global economic order and the demise of US dollar. First, Saudi Arabia’s finance minister said the kingdom had no objection to selling its oil in a currency other than the US dollar. …
Read More »Ukrainian Counteroffensive Assessment – Analysis
Why Must Ukraine Conduct a Counteroffensive? Ukraine needs to conduct a successful counteroffensive for two reasons. First, Ukraine cannot function as a sovereign state with its territory carved up as it currently is. At present, around 20 percent of Ukrainian territory is under Russian occupation. Before Ukraine’s successful push into …
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