
The end of King Dollar? The forces at play in de-dollarisation
The dollar share of official FX reserves fell to a 20-year low of 58% in the fourth quarter of 2022, according to International Monetary Fund data.
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The dollar share of official FX reserves fell to a 20-year low of 58% in the fourth quarter of 2022, according to International Monetary Fund data.
On 16 December 2022, the most significant territorial breach in Nato’s history took place, but the chances are you didn’t hear about it.
An expected offensive by Ukraine is seen as paving way for negotiations with Russia.
The approach is based on the belief that neither side has the ability to continue fighting indefinitely, and that Beijing’s willingness to play a role in international peace talks should be tested, the officials said.
Whatever the truth of the matter, it is clear that the West – or at least the United States – is working hard to try and restrain the Ukrainians from actions that risk escalation, but not always with full success.
Russia’s state-owned nuclear energy firm Rosatom took over Zaporizhzhia Nuclear Power Plant in Enerhodar, Ukraine, after it invaded. On Tuesday, CNN reported that the Department of Energy (DOE) sent Russia an official letter on March 17, 2023, explaining that the power plant “contains US-origin nuclear technical data that is export-controlled by the [U.S.] Government” and could undermine U.S. national security if it fell into the wrong hands.
Russian president Vladimir Putin and Chinese defence minister Li Shangfu hail alliance in Moscow; row brews over decision by Poland and Hungary to ban Ukrainian grain imports
At some point the bipartisan Washington consensus in favor of funding the Ukraine war has to tell the American people what we’re buying.
There is a strong EU dimension to this whole debacle: what it really shows is the increasing weakness and disunity of Europe when it tries its hand at power projection on the world stage.
Ukrainian troops have been forced to withdraw from some territory in the battlefield city of Bakhmut as Russia mounts a renewed assault there with intense artillery fire over the past two days, Britain said in an intelligence update on Friday.
Western special forces operating inside Ukraine
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