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German Economy Minister Habeck’s war visit to Kiev
At the end of last week, German Economy Minister Robert Habeck (Greens) travelled to Kiev for the second time since the start of the war. The trip underlined two things in particular: the aggressiveness with which Germany is resorting once again to militarism and war 85 years after the start of the Second World War, and the central role played in this by the formerly pacifist Greens.
22.04.2024
NATO Chief Floats Establishing $100 Billion Fund for Ukraine
The idea is to lock in long-term support for Ukraine amid uncertainty around US aid
03.04.2024
Ukraine’s Economy Will, Ultimately, Lose It the War
In his recent article on attritional warfare, Alex Vershinin at the Royal United Services Institute remarked that ‘war is won by economies, not armies’.
02.04.2024
UN report highlights growing global inequality following COVID-19 pandemic
The latest United Nations Human Development Report details vastly uneven economic and social development that is leaving the world’s poorest people behind, worsening inequality and stoking political polarization.
01.04.2024
The American oligarchy and the 2024 election
Figures published over the weekend by Inequality.org, based on an analysis by the Institute for Policy Studies of the running totals of billionaire wealth maintained by Forbes magazine, reveal the staggering concentration of wealth in the United States in the hands of a tiny oligarchy
21.03.2024
Biden Requests $895 Billion for Military Spending for 2025
Factoring in other costs, the true cost of military spending in 2025 will easily exceed $1.5 trillion
13.03.2024
Pentagon Says It Needs $10 Billion to Replace Weapons It Sent to Ukraine
The US hasn't been able to send weapons to Ukraine since December
12.03.2024
Amid Ukraine war
EU Commission adopts plan for European war economy
07.03.2024
As global war intensifies, world economy moving to slump
As the world is increasingly afflicted by war—the result of the ever-expanding front lines of US imperialism’s drive to maintain its position of global dominance—there are clear indications of a gathering economic slump
19.02.2024
Western plan to seize Russian assets a dangerous precedent
It is no secret that ever since Western governments froze approximately $300 billion of sovereign Russian assets, they have been working on plans to legitimately seize those frozen assets
06.02.2024
European Union spends another €50 billion on Ukraine war
The European Union’s 27 heads of state and government decided on Thursday to release €50 billion (US $54 billion) to escalate the war in Ukraine. In December, a corresponding decision failed due to a veto by Hungarian Prime Minister Viktor Orbán
02.02.2024
EU's 50 billion euro fund to Ukraine more to boost confidence than to play significant role
The European Union (EU)'s 50 billion euro ($54 billion) fund to support Ukraine is primarily aimed at bolstering Kiev's confidence rather than having any substantial significance, as the money is planned for a duration of four years, said Chinese experts
02.02.2024
EU Plans to Sabotage Hungary’s Economy If Orban Blocks Ukraine Aid
According to a leaked plan, the EU aims to hurt "jobs and growth" in Hungary if Budapest doesn't lift its veto
31.01.2024
A New Business Plan to Save Electric Vehicles!
I can’t remember her name, but I remember what she said
30.01.2024
The US Doesn’t Need a Trillion-Dollar Military Budget
Massive expenditures have more to do with pork-barrel politics and a misguided “cover the globe” military strategy than a careful consideration of what might be needed for actual “defense”
17.01.2024
Final Ukraine aid package of year makes US' pledge embarrassing
The US State Department announced the last such package the US will provide to Ukraine until Congress approves the Biden administration's funding requests
29.12.2023
Decoding Russia-Armenia Ties
Questioning western views
27.12.2023
Senate Adjourns Until 2024 With No Deal on Ukraine Aid
Republicans won't approve a $111 billion foreign military aid package until Democrats agree to significant changes in border policies
22.12.2023
White House Says US Can Only Fund One More Weapons Package for Ukraine
An aid package scheduled for later this month will be the final one unless Congress authorizes more spending on the war
19.12.2023
German government finalizes its war budget
Unlimited funds for war and armaments, cuts in social spending and higher energy prices—this is the core of the German government’s 2024 budget, which Chancellor Olaf Scholz (Social Democratic Party–SPD), Economics Minister Robert Habeck (Greens) and Finance Minister Christian Lindner (Free Democratic Party–FDP) agreed last Wednesday morning after meetings over several nights
18.12.2023
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