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Starmer and EU to arm West with new global defence bank. But is it defence?

11:29 30.05.2025

Starmer and EU to arm West with new global defence bank. But is it defence?

Sir Keir Starmer and the EU are poised to launch a global defence bank to rearm the West against Russia – ministers are considering backing a new institution that would pool resources from Western countries to fund weapons, planes and ships, and make it easier for defence companies to secure …

Germany reported on the failure of negotiations between the EU and the United States on anti-Russian sanctions

11:14 29.05.2025

Germany reported on the failure of negotiations between the EU and the United States on anti-Russian sanctions

The European Union and the United States are no longer coordinating their actions to combat circumvention of anti-Russian sanctions, the German newspaper ‘Suddeutsche Zeitung’ wrote on May 27, citing a report by the German Foreign Ministry, ‘Izvestia’ quotes. As noted in the document, negotiations between the EU and the United …

‘The Global Times’: China to establish International Organization for Mediation in Hong Kong – this is a challenge to the Court in The Hague

11:12 29.05.2025

‘The Global Times’: China to establish International Organization for Mediation in Hong Kong – this is a challenge to the Court in The Hague

With a signing ceremony for establishing the headquarters of the International Organization for Mediation (IOMed) scheduled for Friday in the Hong Kong Special Administrative Region (HKSAR), HKSAR Chief Executive John Lee expressed his gratitude on Tuesday for granting the city such an important international status as an international legal and …

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 …

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