When assessing the geopolitical landscape, the primary aim of any state, whether democratic or authoritarian, is to ensure its own survival. That comes down to military might and alliances.
Economics
Michael Pettis – How Does Excessive Debt Hurt an Economy?
How high debt levels can force an economy to bear financial distress costs Read Here Photo: Jesper Rautell Balle licensed under the Creative Commons Attribution 3.0 Unported
EU politics
Reuters: ECB mulls shelving rules tackling euro zone’s bad loans pile
With regard to austerity for the people, the EU wields an iron fist. When it comes to banks it will bend over backward to be obliging and generous. Read here
Geopolitics
France 24: UN top court rejects most of Ukraine’s ‘terror financing’ case against Russia
The United Nations’ top court on Wednesday (31 January 2024) mostly rejected Ukraine’s claims that Russia was financing “terrorism” in eastern Ukraine, saying only that Moscow had failed to investigate alleged breaches. Read HERE
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