“We propose the creation of a dedicated section under the European Peace Facility to provide up to €5 billion a year for the next four years for the defence needs of Ukraine,” Borrell said.
Finance
The hunt for Toys R Us’ missing millions: Investigators probe a £580m loan moved to a tax haven just months before the store went bust
As usual, in the end we shall discover that this was “completely legal” and the pension fund will be left with a massive deficit. Read here
Economics
Eurostat: Ukraine & Russia are source of one-third of EU cereal imports
Around one-third of the value of the EU’s imports of cereals in 2021 originated from Ukraine (28.8% and valued at €1.7 billion) and Russia (4.8%) combined. Read Here
Geopolitics
Jonathon Shafi – Israel Can’t Do This for Much Longer
A well argued case that Israel is heading towards long-term isolation and is increasingly a liability for American imperial power. In Jacobin. Read the article HERE.
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