The Friday Five – More Aid for Ukraine as Peace Talks Continue
President Biden announced another $800 million in military aid to Ukraine Wednesday as peace talks between Ukraine and Russia produced some hopeful news.
President Biden announced another $800 million in military aid to Ukraine Wednesday as peace talks between Ukraine and Russia produced some hopeful news.
Big changes ahead for the U.S. dollar: Saudi Arabia and China are discussing oil sales in yuan, which could undermine the dollar as the world’s de facto reserve currency. And President Biden signed an executive order last week directing government to research a Central Bank Digital Currency.Continue Reading
February’s Producer Price Index hit a record increase of 10.0% year-over-year. Added to disruptions in global food supply caused by the Russo-Ukrainian war, expect sharp increases in the price of food in the near future.Continue Reading
Rulers of Saudi Arabia and the United Arab Emirates are refusing to talk to President Joe Biden or help stabilize oil markets, upset by his support for Iran’s nuclear program.Continue Reading
The war between Russia and Ukraine is driving up costs of fertilizer, food, and natural gas for countries around the world not directly involved in the fighting—including us.Continue Reading
Vladimir Putin’s reasons for invading Ukraine may have as much to do with the spiritual roots of Russia and the Russian Orthodox Church as countering NATO’s expansion in Eastern Europe.Continue Reading
President Biden’s first State of the Union address was followed by not one, but three, responses—from other Democrats.Continue Reading
The loss of life in Ukraine cannot be measured in dollars or rubles, but the cost of this war will be paid by people all over the world.Continue Reading
Everyone is pointing fingers after a school in a contested region of eastern Ukraine was hit by artillery. The US and UK governments still insist that an invasion of Ukraine by Russia is imminent.Continue Reading
Neocons in Washington, DC argue that war with Russia might be necessary to stop Vladimir Putin from reconstituting the Soviet Union. This assumes Putin wants to reintegrate an unfriendly state like Ukraine, and it ignores similar US policies like the Monroe Doctrine (which also declared that the US would not interfere in Europe).Continue Reading
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