Tag: Bloomberg

At 36, World’s Youngest Leader Boric Electrifies UN Assembly

Tina Marie (Ms. Cat)1 Comment

At 36, World’s Youngest Leader Boric Electrifies UN Assembly

The Chilean president called on leaders to avoid turning a blind eye to human rights violations around the world, from Iran to Venezuela and Nicaragua. He also made a staunch defense of Ukraine, criticizing Russia’s “unjust” invasion of that country.

Related:

Chile’s Boric Is Becoming More Right Wing by the Day

Chilean president Gabriel Boric was hailed as a leftist leader. In fact, his administration has joined the U.S. in condemning Latin America’s revolutionary leaders, and voters rejected his proposed constitutional changes, with 62% opposed. Boric is a reformer who acts in league with right wing forces.

WATCH: Chilean President Boric Urges Solidarity for Palestine during UN Speech

US Secretary of State to visit Chile in early October and meet with president Boric

It’s interesting, to me, that he brings up human rights violations in nations that are the US’ boogeymen. I’ll give him credit for standing up for Palestinians, at least.

Belgium PM: “Next 5-10 Winters Will Be Difficult” As Energy Crisis Persists

Tina Marie (Ms. Cat)

Belgian Prime Minister Alexander De Croo might have spilled the beans about the duration of Europe’s energy crisis. He told reporters Monday, “the next 5 to 10 winters will be difficult.” “The development of the situation is very difficult throughout Europe,” De Croo told Belgium broadcaster VRT.

Belgium PM: “Next 5-10 Winters Will Be Difficult” As Energy Crisis Persists

China Defies US Sanctions with Computer Chip Breakthrough

Tina Marie (Ms. Cat)

China Defies US Sanctions with Computer Chip Breakthrough

China’s rise as the largest, most powerful nation on earth is inevitable. The resources, energy, and time the United States is wasting in attempting to contain China’s rise and assert itself above all other nations could be used instead to find a constructive role to play among all other nations as a still powerful, influential nation with much to offer humanity, just not the most powerful or influential. The United States, like many empires before it in history, unfortunately, appears determined to squander this opportunity to peacefully transition to one powerful nation among many, and instead faces the prospects of holding neither primacy over the planet, nor significant prominence among the nations on it.

A widely cited report predicting doom for the Russian economy has come under scrutiny from economists

Tina Marie (Ms. Cat)

By Margarita Lyutova. Abridged translation by Sam Breazeale, Meduza, 8/10/22

In late July, a team of researchers from Yale published a report titled “Business Retreats and Sanctions Are Crippling the Russian Economy.” Since Russia launched its full-scale invasion of Ukraine, the same team has maintained a list of international companies that have ceased operations in Russia in response to the war. The project is led by management and corporate responsibility expert Jeffrey Sonnenfeld, a professor at the Yale School of Management and the founder of Yale’s Chief Executive Leadership Institute. The report has been cited widely in recent weeks, but Sonnenfeld is neither an economist nor a Russia specialist, and experts have raised doubts about some of the report’s claims. Economic journalist Margarita Lyutova explains why the researchers’ conclusions might be worth taking with a grain of salt.

Meduza: A widely cited report predicting doom for the Russian economy has come under scrutiny from economists

Related:

Business Retreats and Sanctions Are Crippling the Russian Economy

‘EU may cut financial aid to Ukraine’

Tina Marie (Ms. Cat)1 Comment

The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.

‘EU may cut financial aid to Ukraine’

H/T: THE NEW DARK AGE

Related:

EU Stalls on Ukraine Aid as Fears Spike of Gas Crisis at Home

The European Commission also committed in May to finance the bulk of the reconstruction of the country, which could amount to $750 billion, according to Ukrainian government estimates. That could prove an even thornier debate for the EU as there’s no agreement over how to raise the funds. The commission’s offer scared some member states, wary of the massive effort required to rebuild the country and potential corruption issues, people familiar with the discussion said.

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EU economy commissioner Paolo Gentiloni told ministers during the closed-door meeting that national governments need to ensure that the economic response to the war’s fallout is strong enough to avoid the risk of fatigue among Europeans, an EU official said. Gentiloni told reporters on Thursday that governments have a “duty” to mitigate the impact of higher prices, in particular of the energy bills, on the poor.

Trying to ward off any more protests, huh?! 🤷🏼‍♀️

Russia May Close Air Routes to Asia If EU Introduces Sanctions Against Aeroflot – Expert

Tina Marie (Ms. Cat)

Russia May Close Air Routes to Asia If EU Introduces Sanctions Against Aeroflot – Expert

“I do not believe this accusation against Aeroflot at all. It is not coming from the European Union but from Bloomberg and really smells like fake news,” Xavier Moreau, an expert of geopolitics with the StratPol think tank, told Sputnik on Thursday.

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“The answer of Moscow would immediately be to cut all trans-Siberian air routes for European airlines to Asia, and that would really hurt Europe, which needs these direct transit routes. Kremlin spokesman Dmitry Peskov has spoken of fake news and hoax. I think he is right in this instance,” Moreau said.