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(Putin's War) - 'Putin’s plans for a subjugated Ukraine..' - 1 year ago
'..Western leaders must recognize that peace in Europe will remain elusive until the Russian dictator is forced to abandon his dreams of empire.' 'Putin’s plans for a subjugated Ukraine share many common features with his vision for the takeover of Belarus. Following the anticipated military conquest of Ukraine, Russia intended to install a puppet ruler in Kyiv who would replaceby archive - Archive
(Global Stagflation)(Inflationary damage) - '..acc to Taylor Rule .. ECB rates should be 7.2 ppts higher for the entire Eurozone..' - 1 year ago
'..Germany where key interest rate should be at 10.3% & so 6.8 ppts higher than the current rate, acc to Taylor Rule w/German core inflation at 5.9% & unemployment way below NAIRU. ECB rates should be 7.2 ppts higher for the entire Eurozone & 8.2 ppts higher for Italy.' - Holger Zschaepitz (Source, May 4, 2023) Context 'Inflationary damage..' - (Bankinby archive - Archive
(Global Stagflation) - 'The European economy .. stubborn inflation raises the price of groceries..' - '..Fed .. sticky inflation..' - 1 year ago
'..Germany .. Supermarket prices have risen 'only' 17.2% in April, down from 22.3% in . Admittedly, that's still too high..' - Holger Zschaepitz (Source, April 29, 2023) 'Higher food prices have taken over from energy as a key driver of inflation, running at a painful 15.5% in March .. With fears that inflation is becoming entrenched in the economy longer terby archive - Archive
(Global Stagflation) - 'US Inflation Pressures Persist..' - 'The average price of food in the United States increased 8.5%..' - 1 year ago
'The average price of food in the United States increased 8.5% in the 12 months ended March after posting an annual increase of 9.5% in February, according to the latest inflation data published April 12, 2023, by the U.S. Labor Department’s Bureau of Labor Statistics (BLS). As recently as August, the rate of inflation for food at 11.4% was the highest since May 1979.' - Food Inflatiby archive - Archive
(The Myth of Multipolarity) - 'Any proposal to use U.S. military force outside Asia and Europe should be deeply interrogated..' - 1 year ago
'Keeping U.S. alliances in Asia and Europe intact hardly means that Washington should sign a blank check: its friends can and should do more to properly defend themselves .. In economic policy, Washington should resist the temptation to always drive the hardest bargain with its allies. The best leaders have willing followers, not ones that must be coaxed or coerced.. The United States musby archive - Archive
Russian navy ship photographed near Nord Stream pipelines before blasts - 1 year ago
'A Russian navy vessel specialising in submarine operations was photographed near the sabotaged Nord Stream gas pipelines just prior to the mysterious September blasts, according to the Danish daily newspaper Information. The prosecutor leading Sweden’s investigation into the sabotage confirmed the existence of the hitherto publicly unknown photographs. “I’m aware of the information frby archive - Archive
(The Economist) - The West should supply Ukraine with F-16s - 1 year ago
'..President Volodymyr Zelensky is asking for F-16s because his advisers believe that, without them, Ukraine’s skies may fill with Russian bombers. So far they have been better judges of the war than most Western experts. It is past time to listen to them.' 'Ukraine is right. The arguments for denying it F-16s are becoming threadbare. At the start of the war, Ukraine had about 1by archive - Archive
F-16s, longer-range missiles could help Ukraine beat Russia, U.S. general privately tells lawmakers - 1 year ago
'MUNICH — The top U.S. general in Europe is quietly telling American lawmakers that giving Ukraine advanced Western equipment — such as F-16 fighter jets, drones, and long-range missiles — could help Kyiv rule the skies and bolster its own offensives against Russia. In a Friday morning closed-door briefing with more than 10 senators and House members, Gen. Christopher Cavoli was asked ifby archive - Archive
'..Russia’s invasion of Ukraine as a violation of the UN Charter as well as international law.' - 1 year ago
'(Bloomberg) -- United Nations Secretary General Antonio Guterres confronted Russian Foreign Minister Sergei Lavrov at the Security Council on Monday, denouncing Russia’s invasion of Ukraine as a violation of the UN Charter as well as international law. Lavrov sat impassively next to Guterres at the council’s iconic horseshoe-shaped table, but then launched into a tirade against the US anby archive - Archive
'Ukraine needs a fresh fleet.. Over 4,600 F-16s have been built since production began..' - 1 year ago
'If the West acted now, he says, there could be up to 30 F-16s in Ukrainian hands by the end of the year.' 'In theory, fighter jets can substitute for ground-based air defences by shooting down enemy planes, drones and cruise missiles. But Ukraine’s current fleet rarely sees these early enough, says Colonel Ihnat, because of “ancient radar technology”. Poland and Slovakia have dby archive - Archive
Liberate Crimea - 1 year ago
'Losing Crimea militarily would strike a heavy blow to Putin’s credibility.. .. ..Right now, Ukraine is winning with only moderate support from the West. The tanks and other materiel recently promised by the United States, Germany, and various other European powers will undoubtedly give Ukraine an even greater advantage. But to convince Putin that he is better off withdrawing from Crimby archive - Archive
(Global Stagflation) - 'IMF Managing Director Kristalina Georgieva emphasized the need to overcome sticky inflation..' - 1 year ago
'..dominated by calls to keep up the fight against inflation, accelerate debt restructuring for poor countries..' 'WASHINGTON, April 17 (Reuters) - Just a month after the biggest banking crisis in more than a decade, the world's top economic and financial policymakers gathered in Washington and said surprisingly little about financial system stability - at least publicly.by archive - Archive
(The New Alliance)(China is 'threat to world') - '..Beijing's behaviour..' - 1 year ago
'German Foreign Minister Annalena Baerbock sought to underscore the unity among G7 members. "As democracies, we are successful in systemic competition with autocratic forces when our partners and friends around the world have confidence in us. We must avoid that our unity is misunderstood by others as separation or that new rifts are opened," she said in a statement before her tby archive - Archive
'Ukraine could defeat Russia much more quickly .. if it were supplied with modern aircraft, both jet fighters and helicopters.' - 1 year ago
'Ukraine could defeat Russia much more quickly, saving lives on both sides, if it were supplied with modern aircraft, both jet fighters and helicopters. Today I talked to a Ukrainian pilot. He is a commander of an aviation unit conducting combat and evacuation missions. In Bakhmut and elsewhere. The story that captured my attention was of his conversations with Russian pilots. They knby archive - Archive
'..Ukraine .. to liberate all of its territory .. help Ukraine win..' - 1 year ago
'..Ukraine is preparing for a major counteroffensive with the intent to liberate all of its territory. We must help Ukraine win—the future of a Europe whole, free, and at peace hangs in the balance—as do hopes of deterring Chinese moves against Taiwan.' 'The best way the United States can deter China from military aggression in Asia is to help Ukraine defeat Russia. The West’by archive - Archive
'..give Ukraine long-range strike capability to deny sanctuary in Crimea for Russia..' - '..importance of F-16s for Ukraine..' - 1 year ago
'Another reason to give Ukraine long-range strike capability to deny sanctuary in Crimea for Russian Navy, Air Force who are launching missiles and drones from Crimea against Ukrainian civilians. If we're short of missile defense, hit them "left of launch". Make Crimea untenable.' - Ben Hodges (Source, April 12, 2023) Context The liberation of Crimea.. Airby archive - Archive
(Global Stagflation) - 'IMF .. chronically high inflation..' - 1 year ago
'“Inflation is much stickier than anticipated even a few months ago,” Gourinchas wrote in the IMF’s latest World Economic Outlook. ' 'WASHINGTON (AP) — The outlook for the world economy this year has dimmed in the face of chronically high inflation.. .. “Inflation is much stickier than anticipated even a few months ago,” Gourinchas wrote in the IMF’s latest World Economicby archive - Archive
(Global Stagflation) - 'German .. Food prices continued to rise rapidly, up 22.3% year-on-year.' - 1 year ago
'BERLIN, March 30 (Reuters) - German inflation eased significantly in March on the back of lower energy prices but still came in above forecast, adding to pressure on the European Central Bank to further tighten its monetary policy. .. Food prices continued to rise rapidly, up 22.3% year-on-year. .. Europe's labour market is so tight that workers have gained bargaining powerby archive - Archive
'..fractional banking implodes. Which is what happened in 1997 and 2007 — and what I saw [in 2023.]' - Gillian Tett - 1 year ago
'Until specialists and society in general fully grasp the essential theoretical and legal principles associated with money, bank credit, and economic cycles, we may realistically expect further suffering in the world due to damaging economic recessions..' - Dr. Jesús Huerta de Soto, Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-fiby archive - Archive
(Putin’s global and domestic cyberwarfare tactics) - Russia covertly spent $300m to meddle abroad - US - 1 year ago
'The source also said the Kremlin had used Brussels as a hub for foundations and other fronts that back far-right candidates.' Russia covertly spent $300m to meddle abroad - US BBC News September 14, 2022 Source Russia has covertly spent more than $300m (£260m) since 2014 to influence politicians in more than 24 countries, the US has alleged. The Department of State'sby archive - Archive
(Bring up more HIMARS) - 'Liberate Crimea, the decisive terrain, and watch Russian defenses collapse elsewhere.' - Ben Hodges - 1 year ago
'Yes, "very difficult" if we don't provide long-range precision strike capability. The UKR Gen Staff is more creative than the Pentagon...pushing out all the Russians is a very linear approach. Liberate Crimea, the decisive terrain, and watch Russian defenses collapse elsewhere.' - Ben Hodges (Source, April 2, 2023) 'Excellent by @juliaioffe. Only part withby archive - Archive
The liberation of Crimea.. - 1 year ago
"As long as Russia maintains a military presence on Crimea, Ukraine will never be fully safe. There'll always be the possibility of renewed fighting. This is why any end to the conflict, militarily or diplomatically, must result in Crimea being returned to Ukraine." @LukeDCoffey - Ben Hodges (Source, April 3, 2023) Context '..the priority is to make Crimea untenabby archive - Archive
Vulkan files’ leak reveals Putin’s global and domestic cyberwarfare tactics - 1 year ago
'It is unclear if former Vulkan engineers now in the west pose a security risk, and whether they have come to the attention of western counter-intelligence agencies. Most, it would seem, have relatives back in Russia, a vulnerability known to have been used by the FSB to pressure Russian professionals abroad to collaborate. Contacted by a reporter, one ex-staffer expressed regret at havinby archive - Archive
'A maximalist culture of bailouts and state support is bloating and thereby destabilising the global financial system' - Ruchir Sharma - 1 year ago
'..The past few decades of easy money created markets so large — nearing five times larger than the world economy — and so intertwined, that the failure of even a midsize bank risks global contagion. .. A restrained government was a key feature of the industrial revolution, marked by painful downturns and robust recoveries, resulting in strong productivity and higher per capita incomeby archive - Archive
Putin Wouldn’t Win a War of Attrition in Ukraine - 1 year ago
'..The U.S. is supplying weapons to Ukraine at a remarkably slow pace .. What likely most fears is the U.S. and its allies slamming the accelerator..' '..the longer the conflict drags on, the worse things get for Moscow. Vladimir Putin seeks to prevail in Ukraine through an exhausting war of attrition in which he outlasts his opponents, or so the expert consensus has it. Theby archive - Archive
(Global Stagflation) - 'Fed's policy rate will need to rise..' - 1 year ago
'Bullard said it was "relatively common" for some financial firms to fail to "adjust their businesses appropriately" as financial conditions change, noting events like the collapse of Continental Illinois bank in 1984 and the 1998 collapse of Long-Term Capital Management. "These events received considerable attention at the time, but were not ultimately harbingersby archive - Archive
US not considering 'blanket insurance' for bank deposits, Yellen says - 1 year ago
'WASHINGTON, March 22 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that the Federal Deposit Insurance Corporation (FDIC) was not considering providing "blanket insurance" for banking deposits following the collapse of two prominent U.S. banks this month. Yellen made the comments at a hearing of a U.S. Senate appropriations subcommittee, where lawmakers poseby archive - Archive
(March 2023) - '..the banking system remains awash with €4tn of excess liquidity..' - 1 year ago
'Bloomberg) -- The Federal Reserve can look past low liquidity in the Treasuries market and continue with its rate hikes, according to strategists at JPMorgan Chase & Co.' - JPMorgan Says Treasuries Coping Amid Worst Liquidity Since 2020, March 22, 2023 'Another difference was that the banking system remains awash with €4tn of excess liquidity, stemming from years of vaby archive - Archive
(Global Stagflation) - UK inflation jumps to 10.4%, surprising analysts - 'Food prices jumped 18%..' - 1 year ago
'..Another critical characteristic of the earlier inflation era was frequent temporary reversals in inflation, only to be followed by new peaks..' - (Global Stagflation)(Inflation out of control) - Inflationary Psychology Has Set In. Dislodging It Won’t Be Easy. 'Food prices jumped 18% in the 12 months through February, compared with the 16.7% rate recorded the previous monby archive - Archive
(Banking Reform) - 'Financial regulators have ignored their post-2008 rule book to contain the latest banking panic.' - '..a “monstrous” (according to Clemente de Diego) legal institution..' - 1 year ago
'Until specialists and society in general fully grasp the essential theoretical and legal principles associated with money, bank credit, and economic cycles, we may realistically expect further suffering in the world due to damaging economic recessions which will inevitably and perpetually reappear until central banks lose their power to issue paper money with legal tender and bankers lose tby archive - Archive