Former US Secretary of State Condoleezza Rice and former Defense Secretary Robert Gates have admitted that Ukraine’s economy and military are almost completely reliant on bailouts from the West, and barring a dramatic turnaround, its chances of victory are slipping away. Ukraine’s “economy is in a shambles,” the ex-diplomat and …
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The US is starting to worry about the lack of state-of-the-art systems and ammunition it is sending to Ukraine amid the conflict with Russia, CNN reported on Thursday, citing sources. According to three US officials interviewed by the outlet, some of the challenges the US is facing in terms of …
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The US relations with China in regards to Taiwan have been dictated by years of ambiguous statements and commitments. Now this rhetoric is breaking down and armed conflict seems closer than ever – but is Washington ready to fight over Taiwan, or capable of winning? Assurances and commitments Officially, US …
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President Joe Biden intends to run for reelection in 2024, White House Press Secretary Karine Jean-Pierre said on Friday. Biden is currently dealing with declining support from Democrat voters, while some lawmakers in the party are withholding their endorsement. “The president intends to run in 2024 [and] we are a …
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Washington has been actively selling from its Strategic Petroleum Reserve (SPR) over the past year to keep energy prices from rising even higher, Bloomberg reported on Friday, noting that the government can’t keep tapping the reserves forever. According to the report, over the past year almost 115 million barrels were …
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In the event that the growing conflict in, and around, Ukraine doesn’t lead to irreparable consequences on a global scale in the near future, its most important outcome will be a fundamental demarcation between Russia and the Western-aligned states of Europe. This will make it impossible to maintain even minor neutral zones …
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Polish companies have limited the sale of coal in the country after blocking imports from Russia, Deputy Minister of State Assets Piotr Pyzik said during his speech in Parliament on Friday. He explained that the demand for raw materials in the country is far exceeding domestic output. “Companies… have decided …
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Rep. Mike Gallagher, a Republican from Wisconsin, has claimed that the US’ rush to arm Ukraine has “burned through” years worth of weapons stockpiles, hampering Washington’s ability to simultaneously arm Taiwan against potential conflict with China. Meanwhile, the US’ vast military industry is lobbying the White House for more contracts. …
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The US government needs Congress to approve its $33 billion request as soon as possible because it only has $250 million remaining from the previous package of assistance for Ukraine, White House spokeswoman Jen Psaki has said. US President Joe Biden signed the request on Thursday. He admitted that $33 …
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After the massive influx of US liquefied natural gas to make up for lower pipeline supplies from Russia amid high demand, Europe is running out of processing capacity for the gas, Reuters has reported. Europe turned into the biggest market for US liquefied natural gas over the past three months …
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