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View from London: Will Germany deliver on its grand military ambitions? 12:49 19.02.2024

View from London: Will Germany deliver on its grand military ambitions?

Germany’s goal of becoming Europe’s biggest military spender and providing its largest conventional army — a power capable of deploying huge resources at short notice to fight a potentially brutal land war on its doorstep, writes ‘The Financial Times’. Chancellor Olaf Scholz unveiled the cash injection just three days after …
EBRD Bank president says Western aid to Ukraine exceeds Marshall Plan 10:51 18.02.2024

EBRD Bank president says Western aid to Ukraine exceeds Marshall Plan

Western support for Ukraine dwarfs the U.S. recovery plan for Europe after World War II, the head of a top public lender has said. Odile Renaud-Basso, chief of the European Bank for Reconstruction and Development (EBRD), described Western support for Ukraine as “huge” despite recent criticism alleging that Kyiv’s allies …
UAE restricts US ability to launch retaliatory airstrikes against Iran proxies 10:50 18.02.2024

UAE restricts US ability to launch retaliatory airstrikes against Iran proxies

Some Arab countries, including the United Arab Emirates, are increasingly restricting the U.S. from using military facilities on their soil to launch retaliatory airstrikes on Iranian proxies, according to four people familiar with the issue, reveals POLITICO. The U.S. has long deployed thousands of troops at facilities in the UAE, …
A new phase in US shale oil revolution – less players, more income 10:49 18.02.2024

A new phase in US shale oil revolution – less players, more income

The shale revolution that began about 15 years ago saw a proliferation of thousands of small-time drillers turn the global energy order on its head and restored the US to the status of world’s biggest producer. Today, as a multibillion-dollar wave of consolidation washes over the Permian Basin — the …
Biden sends Scholz to war against Russia 10:47 18.02.2024

Biden sends Scholz to war against Russia

The veil has come off the western narrative — this war was never about Ukraine. The enemy image of Russia has become the cornerstone of NATO’s very existence and function, stresses M.K. Bhadrakumar, Indian Ambassador and prominent international observer. The flow of finance to Ukraine is already ebbing and there …
Russia advances into strategic city of Avdeevka! 21:04 17.02.2024

Russia advances into strategic city of Avdeevka!

Ukrainian forces on Saturday withdrew from the strategic eastern city of Avdeevka and appeared to be abandoning the coke and chemical plant that had been a final stronghold against the advancing Russians, Ukraine’s top military officials said — putting Moscow’s forces on the cusp of their most significant battlefield victory …
Trump eyes NATO makeover if elected 10:11 17.02.2024

Trump eyes NATO makeover if elected

Donald Trump is considering scaled-back commitments to some NATO members and a push for Ukraine to negotiate an end to the war with Russia if he returns to power next year, according to people familiar with the matter, writes Bloomberg. Among possible moves in a second term, Trump allies have …
British life-style: Tea shortage fears after Houthi Red Sea attacks 10:11 17.02.2024

British life-style: Tea shortage fears after Houthi Red Sea attacks

Sainsbury’s had this week warned shoppers of “supply issues affecting the nationwide supply of black tea” in some stores. The British Retail Consortium (BRC) subsequently admitted there was “temporary disruption to some black tea lines” in stores, ‘The Grocer’ informs. The issues have been linked to disruption of shipments in …
E-fuels could complement the diversification of decarbonization options available to aviation 10:10 17.02.2024

E-fuels could complement the diversification of decarbonization options available to aviation

Airplanes around the world will increase their use of electric fuel by 10% by 2030, writes Al-Ain from the UAE. This fuel pollutes the environment less. However, due to its high cost, ticket prices will increase by at least 5%. A new report from the International Energy Agency (IEA) says …
How the US broke Kosovo and what that means for Ukraine 10:09 17.02.2024

How the US broke Kosovo and what that means for Ukraine

Washington's track record suggests it's better at fighting wars than dealing with what follows, notes POLITICO. Over the years, Kosovo — a postage stamp-sized Balkan country that Washington and its NATO allies wrenched out of Serbia in 1999 — has seen its share of American fortune hunters. The highway Bush’s …
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