The news that US inflation has reached its highest level for 40 years, at 7.5% in January, is the most explicit indicator of serious problems in its economy. The monetary tightening that will be used to attempt to bring this under control will both slow the US economy and inevitably …
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In 1996, Russia lost a war against a then breakaway region of its own country. The campaign, that lasted for 20 months, produced a devastating number of casualties on both sides and completely devastated the rebellious republic which surprised everybody by forcing Moscow to capitulate. Russia’s defeat looked sensational: Chechnya’s population, economy, and …
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Liberal Democrat Helen Morgan won 17,957 votes in North Shropshire, central England, beating her Tory opponent, Neil Shastri-Hurst, by nearly 6,000 votes. The result is a stunning upset for the Conservatives, who had represented North Shropshire in Parliament for the past 189 years, with the exception of the short period …
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In one of the biggest upsets in the sport this century, the American lost his WBA (Super), IBF, WBO, and The Ring titles to Australian underdog George Kambosos Jr. by split decision at the Hulu Theater in Madison Square Garden last weekend. The fight was put off several times due to a dispute …
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That was the backdrop to this year’s annual Valdai Discussion Club conference, held in Russia’s southern city of Sochi and attended by President Vladimir Putin and other top dignitaries. The theme, fittingly, was ‘Global Shake-Up in the 21st Century: The Individual, Values and the State’, and the question attendees were …
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On Thursday, ministers met in Brussels to sign off the scheme, named the “Concept for Deterrence and Defense in the Euro-Atlantic Area.” According to NATO’s General Secretary, Jens Stoltenberg, it is part of efforts to “continue to strengthen our alliance with better and modernized plans.” The bloc’s officials insist they …
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In the clip from the immediate aftermath of the memorable showdown, towering Englishman Fury can be seen approaching Wilder as he sits on his stool attempting to regain his senses following his clobbering 11th-round knockout. An abundance of bad blood had flown between the pair since Fury first knocked Wilder …
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Now, the team behind the construction, having welded the final segment into place, say gas could start flowing as early as October. While some German regulatory decisions are still pending, there are no clear signs Nord Stream 2 can be blocked at this point. “We expect that millions of European …
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Speaking at a press conference following talks with his Hungarian counterpart, Sergey Lavrov said it was regrettable that the bloc’s officials weren’t as preoccupied with the humanitarian situation in the country. The top diplomat turned fire on Brussels’ foreign policy chief, Josep Borrell, who claimed last week that “what we …
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US President Joe Biden’s approval rating has dropped to its lowest point since his inauguration and to some it may look like he has sacrificed his popularity in order to take a principled anti-war stance. In reality the Biden administration was faced with an ultimatum, an embarrassing military defeat or …
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