The House and Senate Armed Service committees last week agreed to add $45 billion to President Joe Biden’s 2023 National Defense Authorization Act, according to a report.
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GERMANY’S SCHOLZ URGES PUTIN TO WITHDRAW TROOPS, BEGIN NEGOTIATIONS; PUTIN CALLS IT A NON-STARTER
Russian President Vladimir Putin had a phone call with Germany’s Olaf Scholz last week and the Russian leader said Berlin should reevaluate its decision to flood Kyiv with weapons.
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LAVROV CONFIRMS TREND WE LONG NOTED: U.S. IS AT WAR WITH RUSSIA
Russia’s top diplomat said Thursday what The Trends Journal has been saying for months: the U.S. and NATO are parties to the Ukraine War.
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ZELENSKY, THE WEST’S HERO, TELLS RUSSIAN ORTHODOX CHURCH TO GO TO HELL
Ukrainian President Volodymyr Zelensky, who already snuffed out his country and barred men from leaving the country since the start of the war, has now tasked his administration to bar the Russian Orthodox Church from holding services in Ukraine.
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RUSSIA CALLS NUCLEAR WAR ‘UNACCEPTABLE’—AVOID AT ALL COSTS
Russian Foreign Minister Sergey Lavrov, said nuclear war between nuclear powers is unacceptable, and must be avoided.
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UKRAINIAN REFUGEES FLOODING EUROPE: POPULIST PARTY SURGE NEXT
Following the blowing up of the Crimea Bridge and Russia’s Nord Stream pipelines, Russian President Vladimir Putin said Moscow would ramp up its attacks on Ukraine. Illustrating that “payback’s a bitch,” European countries are getting hit with another surge in Ukrainian refugees as Russia continues to demolish the country’s energy infrastructure with bombing campaigns.
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JAPAN’S CORE INFLATION WORST IN 40 YEARS
November’s core inflation rate in Japan rose at an annual rate of 3.6 percent, the fastest pace since April 1982 and the sixth consecutive month in which the rate has roamed beyond the Bank of Japan’s 2-percent target.
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GERMANY FEARS MASS EXODUS OF MANUFACTURERS
One in four German manufacturers is thinking of moving production to other countries, Tanja Gönner, CEO of the Federation of German Industries told the Die Welt am Sonntag news outlet.
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COMMERCIAL REAL ESTATE INDUSTRY CRUNCH
With borrowing costs rising and the economic outlook darkening, commercial landlords and real estate investors are finding it harder to find financing.
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U.K. ECONOMIC BLUES TO GET DARKER
Of all G7 countries—seven of the world’s leading economies—the U.K. will grow slowest through the next two years due to a crippling combination of rising interest rates, consumers’ plunging buying power, and unchecked inflation, the Organization for Economic Cooperation and Development (OECD) has predicted.