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The Economist: “Today’s fiscal worries could get a whole lot worse” 11:10 29.05.2025

The Economist: “Today’s fiscal worries could get a whole lot worse”

Seeing yields on America’s 30-year government debt stuck above 5% since May 21st has given investors the shivers. The latest jump came shortly before the House of Representatives passed President Donald Trump’s “big, beautiful” — and deficit-widening — budget bill by one vote on May 22nd, ‘The Economist’ notes. It …
King Charles III says Canada facing unprecedented challenges as Trump threatens annexation 11:08 29.05.2025

King Charles III says Canada facing unprecedented challenges as Trump threatens annexation

King Charles III opened the Canadian Parliament on Tuesday with a speech widely viewed as a show of support in the face of annexation threats by Donald Trump, ‘The New York Daily News’ reports. Charles said Canada is facing unprecedented challenges in a world that’s never been more dangerous as …
Sergey Lavrov: “Certain irresponsible politicians in Europe have become increasingly vocal calling on the population to tighten their belts and prepare for war with Russia” 21:17 28.05.2025

Sergey Lavrov: “Certain irresponsible politicians in Europe have become increasingly vocal calling on the population to tighten their belts and prepare for war with Russia”

Foreign Minister Sergey Lavrov’s remarks at the 13th International Meeting of High Representatives for Security Issues. Moscow, May 28, 2025 “Mr Shoigu, Colleagues, High guests, It is a great honour and privilege for me to take the floor at the plenary session of the 13th International Meeting of High Representatives …
Germany: Rising militarism amid failures in socio-economic policy 10:49 28.05.2025

Germany: Rising militarism amid failures in socio-economic policy

Germany, long a synonym for economic brawn and muscle, is beginning to recall words like lumbago or sciatica instead. Though still leading in Europe, it faces an economic mess, a political mess, and a mood of general stress. Schools lack repairs and teachers, clinics and hospitals lack staff, its key …
No more US assistance for Ukraine? 10:48 28.05.2025

No more US assistance for Ukraine?

Donald Trump’s threat to withdraw US support and walk away from Russia-Ukraine peace talks has raised alarm in Kyiv, setting the stage for what Ukrainian officials and soldiers expect to turn into a Russian summer offensive that could reshape the war’s trajectory. While Ukraine’s leaders continue the...
View from London: Ukrainian hopes are likely to be dashed 10:47 28.05.2025

View from London: Ukrainian hopes are likely to be dashed

Ukraine will urge the EU to implement tough new sanctions against Russia. After US President Donald Trump announced that he would not impose fresh penalties on Moscow for fear of endangering progress towards a ceasefire, Kyiv has clearly decided that its best hopes of maintaining economic pressure on the Kremlin …
European Central Bank President: Euro could become the dollar's alternative 10:46 28.05.2025

European Central Bank President: Euro could become the dollar's alternative

The euro could become a viable alternative to the dollar, earning the 20-nation bloc immense benefits, if governments could only strengthen the bloc's financial and security architecture, ECB President Christine Lagarde said on Monday, Reuters quotes. Unnerved by erratic U.S. economic policy, global investors have been reducing their exposure to …
Sergey Lavrov: Retaliatory strikes on Ukrainian military sites are absolutely justified – criminals must be punished 20:23 27.05.2025

Sergey Lavrov: Retaliatory strikes on Ukrainian military sites are absolutely justified – criminals must be punished

Russia values the opportunities provided by Turkey for the Moscow-Kiev talks, Foreign Minister Sergey Lavrov said at the meeting in Moscow with his Turkish counterpart Hakan Fidan (photo), TASS reports. "Of course, as [Russian President Vladimir] Putin said yesterday, we value all the opportunities Turkey has once again provided for …
View from Washington: America can’t afford to protect Europe from Russia 10:58 27.05.2025

View from Washington: America can’t afford to protect Europe from Russia

Kaja Kallas, who is what passes as the European Union’s foreign minister, has chutzpah. Unfortunately, her other qualities, such as hypocrisy, are less endearing, notes ‘The American Conservative’. Kallas has long criticized President Donald Trump's direct approach to Russia’s President Vladimir Putin. After their phone conversation, days after...
Russian Iskander-M missile strike destroys container ship delivering drones and arms to Ukraine 10:58 27.05.2025

Russian Iskander-M missile strike destroys container ship delivering drones and arms to Ukraine

The Russian Armed Forces on have employed an Iskander-M tactical ballistic missile system to launch a precision strike on a container ship carrying cargo to the Ukrainian port of Odessa. The ship was reported to be carrying 100 containers of military cargo including drone systems, ‘The Military Watch Magazine’ reports. …
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