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US facing worst risks since WWII – JPMorgan boss

The US is facing grave risks in the wake of rising global geopolitical tensions and the nation’s domestic political polarization, Jamie Dimon, JPMorgan Chase chief executive, has warned. In an annual shareholder letter on Monday the CEO of the largest US bank cited large amounts of government spending and efforts …

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Israel risks slipping into decade of war – Macron

French President Emmanuel Macron has urged Israeli authorities to “more precisely define” the end goals of the war with Hamas, while arguing that the stated aim of totally eliminating the Palestinian militant group may result in a years-long conflict. Macron’s comments came after Israeli Prime Minister Benjamin Netanyahu vowed on …

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Ukraine risks merging with Poland – ousted president

Ukraine is facing a complete loss of its sovereignty and, potentially, a merger with Poland, former President Viktor Yanukovych has warned. The ex-president, who was ousted in the 2014 Maidan coup, released an extensive address on Friday in which he shared his thoughts about the roots of the ongoing turmoil …

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Huge European gas depot risks staying empty – media

The Haidach underground gas storage facility in Austria may not be refilled by the next heating season due to a conflict between Berlin and Moscow over the seizure of Gazprom’s German subsidiary, Bloomberg reported on Friday, citing energy officials in Vienna. The storage facility is located in Austria but is …

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World risks ‘worst famine since WWII’ – German minister

The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named Covid-19 pandemic and Russia’s ongoing military operation …

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NATO leaders ignoring nuclear war risks – Russia

Russia’s envoy to the US has warned that NATO powers are not treating the risk of nuclear war with due gravity, claiming that the West, and not Moscow, is driving brinkmanship amid tension rivaling the 1962 Cuban Missile Crisis.  Speaking to Newsweek for an interview on Thursday, Russia’s ambassador in …

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Germany sees no risks in arms supplies to Ukraine

Germany faces no risks under international law when it supplies arms to Ukraine amid Russia’s military operation, German Justice Minister Marco Buschmann told Die Welt on Saturday. Ukraine is fighting a “defensive war,” the minister claimed, adding that it has a right to fight back under the UN Charter. This …

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Top Wall Street banker warns of US economy risks

The combination of inflation, the conflict in Ukraine and Russia sanctions may “dramatically increase risks ahead” for the United States, JPMorgan’s Chief Executive Jamie Dimon said in his annual letter to shareholders on Monday. He has warned of unpredictable consequences for the nation’s economy. According to Dimon, the outbreak of …

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