The return of stagflation can be prevented with smart policy – POLITICO

Joachim Nagel is Chairman of the Deutsche Bundesbank. Flashy background, corduroy flares, lengthy sideburns, disco and punk. The Nineteen Seventies have been a tumultuous “in your face” decade. And for a lot of, this decade remains to be a magnet. Revivals come time and again, each in style and music. Economically, the Nineteen Seventies have … Read more

The Russian ruble reached its strongest level in 7 years despite the sanctions

A 1 Russian ruble coin and a Russian flag are displayed on the display on this a number of publicity illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Photos The Russian ruble hit 52.3 in opposition to the greenback on Wednesday, up practically 1.3% from the day prior … Read more

The Russian ruble is the strongest currency in the world this year

The Russian ruble continues to rise in opposition to the greenback, making it the world’s finest performing foreign money this yr. Three months after the devaluation of the ruble Lower than a penny Amid probably the most extreme financial sanctions imposed on a rustic in trendy historical past, the Russian foreign money has achieved a … Read more

Russia declares gas war on the European Union – POLITICO

Click on play to hearken to this text Russian President Vladimir Putin is taking part in a difficult function with the European Union — chopping off gasoline shipments to a few of Russia’s finest prospects amid anger over sanctions imposed after the invasion of Ukraine. It places monumental political stress on governments, threatens to go … Read more

Russia commits massive art theft in Ukraine

The Artwork looting in occasions of conflict Relationship again 1000’s of years, the Greeks and Romans had been among the many worst offenders. Museums and personal collections world wide are stuffed with looted artwork that was traded in the course of the conflicts. Throughout World Conflict II, a secret alliance military often known as the … Read more

Ukraine war: Five things you need to know this weekend

1. Lysychansk prepares for battle Troopers in Lysechhansk, jap Ukraine, digging in the course of heavy bombardment. Town is getting ready for attainable road preventing as Russian forces conflict with Ukrainian forces at Severodonetsk, which lies straight throughout the Donets River. AFP journalists noticed Ukrainian forces digging trenches to make use of as firing positions … Read more

Novak Djokovic faces a ban from the US Open with no plans to relax US immigration rules

Novak Djokovic ‘faces ban from US Open’ with no plans to chill out US immigration guidelines requiring Covid vaccinations for vacationers…however Russians ‘letting them play’ as USTA anticipates no politically motivated ban Novak Djokovic was expelled from Australia earlier than the event started at Melbourne Park in January He stated in an interview afterwards that … Read more

Senior country official sees ‘radical shift’ in security assistance during European trip

Assistant Secretary of State for Political and Army Affairs Jessica Lewis testifies throughout a Senate Overseas Relations Committee listening to on Capitol Hill, March 10, 2022 (Drew Angerer/Getty Photographs) EUROSATORY 2022: The worldwide rush to deadly weapons To the Ukrainian entrance traces after the unprovoked Russian invasion, there are European international locations Rethink their defensive … Read more

Russia thinks it has found a way around the US dollar bond payment ban

Russian Finance Minister Anton Siluanov (seen right here with Russian President Vladimir Putin in 2019) reportedly instructed Russia’s Vedomosti newspaper that Moscow would proceed to service overseas debt in rubles, however that overseas worldwide bond holders would wish to open accounts in rubles and arduous forex with Russian banks within the order. to obtain funds. … Read more

Biden says Ukraine may have to give Russia land

President Biden on Friday refused to rule out that Ukraine must cede a part of its territory to Russia with a view to finish Moscow’s management of greater than Three months after the invasion. Ought to Ukraine cede territory to realize peace? Biden’s reporter requested after his remarks on Might jobs report. Biden started his … Read more