China isn’t the only country Russia has strengthened ties with since the start of the conflict. Despite the West’s attempts to “globalise” the conflict, only 33 nations — representing just over one-eighth of the global population — have imposed sanctions on Russia and sent military aid to Ukraine: the UK, US, Canada, Australia, South Korea, Japan and the EU — in other words, those countries that are directly under the US sphere of influence, which in many cases involves a significant US military presence. The remaining nations, comprising close to 90% of the world’s population, have refused to follow suit. If anything, the war has actually strengthened Russian relations with a number of major non-Western countries — including, besides China, India, South Africa and Turkey — and accelerated the rise of a new international order in which it is the West that looks increasingly isolated, not Russia.
EU politics
Reuters: Slovakian president picks technocrat government after prime minister quits
Slovakia, a European Union and NATO member, has struggled through months of political uncertainty as Heger’s ruling coalition was weakened, coming amid a period of high inflation and war in neighbouring Ukraine. Read HERE
Climate Crisis
Prof John Beddington, Prof Steven Berry, Wolfgang Cramer, et al: EU must not burn the world’s forests for ‘renewable’ energy
A flaw in Europe’s clean energy plan allows fuel from felled trees to qualify as renewable energy when in fact this would accelerate climate change and devastate forests Read here
Economics
PRIME: T. Sabri Öncü – Why are the long-term US Treasury yields falling?
First, let me answer the question in the title: I do not know because, according to conventional theories, when the realised and expected inflation rates are as high as they are in the United States […]
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