war

  Military expenditure can increase officially measured output and enrich selected groups while leaving regular households with fewer goods and greater financial obligations. For an economy sheltered from the fighting, the costs are less visible than ruined cities and lost lives. They appear mostly in forgone civilian production, taxes and debt. As governments weigh military […]

  In a recent address at the influential Valdai Discussion Club – a forum comparable to the Council on Foreign Relations in the United States – Russian President Vladimir Putin said Moscow could resort to nuclear weapons if NATO tried to cut off the Russian exclave of Kaliningrad. The Kaliningrad exclave sits on the Baltic […]

  Iranian President Masoud Pezeshkian declared at the BRICS summit in India that Tehran would agree to reopen the Strait of Hormuz if the United States stopped blocking Iranian trade and supplies and lifted its sanctions. He also demanded the release of frozen assets, the resumption of investment, an end to Israel’s operations in Lebanon […]

  A drone loaded with explosives was found at Leipzig-Halle airport in Germany. It was close to a Ukrainian aircraft that was to transport military equipment to Ukraine. The drone carried explosives PETN and Semtex, which failed to detonate on impact. It seems obvious that it was destined to blow up the Ukrainian airplane, and […]

  The Mecca Joint Defense Agreement was signed in Islam’s holy city, Mecca. The tri-party agreement between Pakistan, Saudi Arabia and Turkiye was agreed between President Recep Tayyip Erdogan of Turkiye, Crown Prince Mohammed bin Salman of Saudi Arabia and Prime Minister Shehbaz Sharif of Pakistan. This is a pact between the three strongest predominantly […]