In September, French and German factory activity contracted more than expected, signaling a bleak end to a year in which the sector already suffered from stiff competition from China, fallout from the Ukraine war, and a global economy still in recovery.
The Biden administration announced last week that it will provide Ukraine with another $425 million in military assistance that will include “additional capabilities to meet its most urgent needs.”
Mark Rutte, the new head of NATO, told reporters last week that his top priority as the alliance’s new leader is to support Ukraine's war effort against Russia.
For the second time in as many meetings, the Bank of Russia’s governing committee raised the bank’s key interest rate, adding a full percentage point and lifting the rate to 19 percent.
Sergey Lavrov, Russia's top diplomat, told reporters last week that Washington should take the Kremlin’s red lines seriously when considering providing Ukraine with long-range missiles and—for the second time—warned that WWIII would not be confined to Europe.
German Chancellor Olaf Scholz found himself playing defense after a “left-wing” up-and-coming politician took credit last week for Berlin’s perceived easing of support for Ukraine’s war against Russia.
In the four weeks ending 7 July, Russia shipped 3.27 million barrels of crude oil, the least since it invaded Ukraine in February 2022.
Do what the U.S. says, not what it does.
Peace protests broke out in several European cities last weekend to voice concern over NATO’s escalatory policies in the Ukraine War that continues to move the world closer to WWIII becoming official.
Wang Wenbin, China’s Foreign Ministry spokesman, accused the U.K. and the collective West of being the biggest impediment to peace negotiations in Ukraine because of their constant stream of lethal aid to keep the fight going.