Despite “Ukraine’s energy system on the verge of collapse” as noted by The Washington Post, and with nearly 20 percent of the nation’s people fleeing the nation and with Russia controlling some 20 percent of Ukraine territory since they invaded on 24 February, German Chancellor Olaf Scholz declared last week that President Vladimir Putin can “no longer win on the battlefield, that much seems clear."
As winter sets in and with energy prices soaring, Europe is claiming that the U.S. is benefiting economically from the Ukraine War. And as America’s profits increase, so too are the strains between Washington and Brussels.
Just call him ‘Teflon’ Zelensky.
A sitcom clown who played the role as president of Ukraine and played the piano with his penis who was elected president in what the European Union classifies as the most corrupt country in Europe—Zelensky is championed by Washington and the mainstream media as a hero.
A city in West-Central Ukraine decided to change the name of a street from Leo Tolstoy, the great Russian author, to Stepan Bandera, the Ukrainian nationalist leader with links to the Nazis during WWII.
Northvolt, Europe’s premier maker of batteries for electric vehicles (EVs), is looking to expand its presence in the U.S., lured by at least $369 million in financial incentives offered through the Inflation Reduction Act (IRA) to build a factory here, compared to Germany’s offer of about €155 million, the Financial Times reported.
To keep the weapons flowing into Ukraine, the U.S. Department of Defense announced last week that it authorized a presidential drawdown valued at up to $400 million, which is the 26th drawdown since August 2021.
In this year’s third quarter, Japan’s economy contracted for the first time in a year, shrinking 1.2 percent as galloping inflation raised import costs and the yen’s value sank to its lowest in decades.
Last week, Jeremy Hunt, the U.K.’s finance minister, formally known as Chancellor of the Exchequer, defended his government’s £55 billion in spending cuts and tax increases designed to dig Britain out of its debts, tame an inflation rate of 11 percent, and convince investors that the U.K. is on the path to financial stability.
This is the headline on the front page of today’s Wall Street Journal: “OPEC + Weighs Pumping More Oil.”
Interest-rate futures markets are betting that Chile’s central bank will chop more than 5 percentage points from its current 11.25-percent rate by the end of next year, according to Bloomberg.