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Central banks fight against inflation
Before the covid-19 pandemic, the rich world enjoyed decades without any serious inflation problems. After ruthless monetary tightening in the 1980s, followed by a movement towards independent central banks targeting inflation, price surges seemed as outdated as shoulder pads. In most rich countries annual core inflation, which excludes volatile food and energy prices, has fallen from
Europe preparation against possible Trump return
Trump’s first term (2017-2021) was marked by a trade offensive against China and the adoption of protectionist measures against Europe. All this with the climate of uncertainty caused by the character of the former president! .In the event of increased confrontation between the United States and Europe, economic cooperation could be strengthened on the Old
New Ukraine military mobilisation age
Ukraine has relied heavily on Western supplies, particularly on deliveries of long-range missiles and air defence systems. However, billions of pounds of US and EU aid have been held up amid political wrangles. Ukrainian President, Volodymyr Zelensky has signed into law a bill lowering the military mobilisation age by two years from 27 to 25.
Donetsk Offensive
Ukrainian officials have warned that Russian forces are accumulating personnel along several axes, but the ISW continues to assess that Russian forces will likely only be able to launch a concerted large-scale offensive operation in one operational direction at a time due to Russia’s own manpower and planning limitations. Russia looks set to focus a
Russia enlistment-up after Moscow attack
The Russian Defense Ministry said on Wednesday that it had recorded a significant increase in the number of Russians signing up for military service this year, and especially since the attack on a concert hall in Moscow in March. Kyiv has emphatically denied any involvement in the massacre, responsibility for which has been claimed by
Israel is testing Iran
Since October 7th, when Hamas militants crossed the border from Gaza and killed more than 1,100 people, Israel has been fighting on two fronts: against Hamas in Gaza, and against a wider array of Iranian-backed militias across the region. On April 1st a suspected Israeli air strike flattened a building at the Iranian embassy compound in Damascus.
Russia Patrols around Sea Of Japan
Moscow’s relations with North Korea have been strengthening, with Pyongyang providing Russia with extensive military packages, including ballistic missiles and over three million artillery shells. Two Russian strategic bombers have flown over the Sea of Japan amid a spike in tensions in the region. The Russian defense ministry released video that it said showed two
‘unintentional’ strike on Aid workers in Gaza
World Central Kitchen said its aid workers were traveling in a “deconflicted zone” in two armored cars branded with the charity’s logo as well as “a soft skin vehicle.” Seven aid workers, including foreign nationals, from the non-profit World Central Kitchen were killed in an Israeli military strike as they were delivering food to starving
Biden talks with Xi about Ukraine and Pacific conflicts
Since last summer, Mr. Biden and Mr. Xi have sought to prevent any eruptions between their nations. Mr. Biden is seeking to focus on his tight race for re-election this year. Mr. Xi is grappling with a range of domestic issues, including a troubled economy and corruption in the top ranks of his military. President
Iran vows response after Israel strike
Israel has repeatedly targeted military officials from Iran, which supports militant groups fighting Israel in Gaza, and along its border with Lebanon. Monday’s strike in Damascus signaled an escalation because it struck an Iranian diplomatic mission.Iran and one of its key proxies vowed Tuesday to respond to a strike widely attributed to Israel that demolished