So that was G-7, the summit par excellence, especially if you believe the media hype in the small countries that were represented there – with the seemingly big ones (you can find the extremely thin communiqué here). Those who are using their own brain come to quite different conclusions. But being critical is out in these times, mega-out even.
Geopolitics
Kyiv Independent – Russian forces pierce Ukrainian defense in Donetsk Oblast, bypassing fortifications, monitoring group says
If these Trump-Putin talks don’t yield a genuine breakthrough in peace negotiations, Ukraine’s army could soon be routed. Read the article HERE.
Economics
Michael Pettis: Why Should China Borrow Abroad?
In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital. Read HERE
EU politics
Wolfgang Munchau: Is the EU losing its mooring?
The hypocrisy in the EU is astonishing, be it the greening of gas and nuclear, the carve outs for fossil fuels and agricultural products, or the sudden enthusiasm for (white, blond haired, Christian) refugees Read […]
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