Donald Trump is fond of blaming Barack Obama and Joe Biden for the debacle in Ukraine, but he is wrong. A major share of the blame also lies with Donald Trump because he oversaw the dramatic growth of the Ukrainian military during his first term and, to this day, brags about supplying Ukraine with Javelin missiles. I am no fan of Barack Obama… in fact, I’ve been a staunch critic, but the data on the growth of the Ukrainian military during Trump’s first term is irrefutable.
Corruption
ICIJ: Seven EU Countries Labeled ‘Tax Havens’ in Parliament Report
A committee of the European Parliament has found that seven of the European Union’s own member states — including Ireland, the Netherlands and Luxembourg — behave like tax havens. Read here
Climate Crisis
The Lantau Group – Volatility in Chinese Power Supply
An excellent analysis of the current electricity interruptions in China Read here
Finance
Eurostat: Contingent liabilities and non-performing loans in 2021
In 2020 and 2021, government guarantees provided to third parties in the EU increased notably, following the onset of the COVID-19 pandemic – especially in Germany. Read Here
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