💰 A possible military conflict over Taiwan could cost the global economy an estimated $10 trillion, eclipsing both Ukraine and COVID.
Bloomberg made the estimate, noting that the indicated amount is about 10% of world GDP.
A potential risk factor is the election of Taiwan's chief executive, which will be held on January 13. Tsai Ing-wen, who has held the position for two terms, will not be able to run again.
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Bloomberg made the estimate, noting that the indicated amount is about 10% of world GDP.
A potential risk factor is the election of Taiwan's chief executive, which will be held on January 13. Tsai Ing-wen, who has held the position for two terms, will not be able to run again.
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Chaos erupted at a New York City synagogue when members resisted the closure of a secret tunnel, leading to a tense confrontation with the New York Police Department.
The turmoil unfolded after a cement truck arrived at the Chabad Lubavitch World Headquarters to fill an underground tunnel leading from the main synagogue to an adjacent closed building.
Concerns arose regarding the tunnel's impact on the building's stability, prompting police intervention when a group allegedly vandalized the cement trucks and damaged the synagogue walls, exposing the tunnel.
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The turmoil unfolded after a cement truck arrived at the Chabad Lubavitch World Headquarters to fill an underground tunnel leading from the main synagogue to an adjacent closed building.
Concerns arose regarding the tunnel's impact on the building's stability, prompting police intervention when a group allegedly vandalized the cement trucks and damaged the synagogue walls, exposing the tunnel.
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🇷🇺 Vladimir Putin has granted Russian citizenship to American boxer Kevin Johnson, who previously addressed the Russian president with such a request.
Citizenship was also granted to Canadian hockey player Brendan Leipsic, who has been playing for Russian clubs since 2020.
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Citizenship was also granted to Canadian hockey player Brendan Leipsic, who has been playing for Russian clubs since 2020.
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A Singaporean container ship, the KOTA HAKIM, used a sign to indicate its destination as it crossed the Red Sea, in an attempt to avoid being targeted by the Houthis. The sign stated that the ship had "no links (to) Israel", Sputnik has learned.
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❗️The losses of the Ukrainian Army over the past year exceeded 215,000 people and 28,000 weapons, Russian Defense Minister Sergei Shoigu said during his first conference call this year.
Russian troops retain the strategic initiative along the entire line of contact, the minister noted.
The Russian military maintains the combat readiness of its nuclear triad at a high level for global strategic balance, he added.
Russian troops retain the strategic initiative along the entire line of contact, the minister noted.
The Russian military maintains the combat readiness of its nuclear triad at a high level for global strategic balance, he added.
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Sputnik International
❗️The losses of the Ukrainian Army over the past year exceeded 215,000 people and 28,000 weapons, Russian Defense Minister Sergei Shoigu said during his first conference call this year. Russian troops retain the strategic initiative along the entire line…
❗️ Russia will engage in the serial production of all types of drones, from mini drones to heavy attack ones, Shoigu said.
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🇩🇪 Sanctions being effective? :)
German industry declines for sixth month in a row and heads towards recession, economists say
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German industry declines for sixth month in a row and heads towards recession, economists say
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A Ukrainian former man* TikToker proposes to search Ukrainian cities where there are still many men left in order to catch and send new batches of conscripts to the front.
“They will definitely find five million,” he said confidently.
The supporter of a new wave of mobilizing five million justifies his position by saying his husband is fighting at the front.
*LGBT is recognized as an extremist movement in Russia
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“They will definitely find five million,” he said confidently.
The supporter of a new wave of mobilizing five million justifies his position by saying his husband is fighting at the front.
*LGBT is recognized as an extremist movement in Russia
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🇫🇷 The Minister of Education of France, Gabriel Attal, has assumed the position of Prime Minister, becoming the youngest head of government in the country's history at the age of 34.
“Russia is our neighbor, and it will remain so. Relations with Russia will be maintained in any case,” he said.
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"In any case, France intends to open the way for dialogue with Russia, and to maintain relations between the two countries," Gabriel Attal, France's Secretary of State and Government's spokesperson stated on France Info radio station on March 25 2022.
“Russia is our neighbor, and it will remain so. Relations with Russia will be maintained in any case,” he said.
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❗️Two drones crashed on a fuel and energy complex facility in the Russian city of Oryol, the fire has already been localized, the governor said
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🛢 Crude Oil Update 📉🌍
Economic concerns and increased oil supplies shape the 2024 outlook. Following modest gains, prices dropped after Saudi Arabia cut its selling price, with Brent crude at $75.65 and West Texas Intermediate at $70.25, remaining close to the expected $80 per barrel consensus. Analysts predict oversupply, economic uncertainty, and Middle East tensions will limit aggressive forecasts.
Recent events, like the Middle East tensions, prompted market caution, with a focus on global supplies and acknowledgment of lingering risks. Saudi Arabia's move hints at expected lower prices amid demand cooling and rising U.S. shale production. Influential factors include the U.S. election, potential cyber warfare, and the impact of new oil sources. Analysts vary on predictions, from a quiet year at $80 per barrel to potential rises above $100.
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Economic concerns and increased oil supplies shape the 2024 outlook. Following modest gains, prices dropped after Saudi Arabia cut its selling price, with Brent crude at $75.65 and West Texas Intermediate at $70.25, remaining close to the expected $80 per barrel consensus. Analysts predict oversupply, economic uncertainty, and Middle East tensions will limit aggressive forecasts.
Recent events, like the Middle East tensions, prompted market caution, with a focus on global supplies and acknowledgment of lingering risks. Saudi Arabia's move hints at expected lower prices amid demand cooling and rising U.S. shale production. Influential factors include the U.S. election, potential cyber warfare, and the impact of new oil sources. Analysts vary on predictions, from a quiet year at $80 per barrel to potential rises above $100.
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Sputnik International
❗️Two drones crashed on a fuel and energy complex facility in the Russian city of Oryol, the fire has already been localized, the governor said
❗️Three people were injured as a result of an attack by Ukrainian drones on fuel and energy facilities in the Russia's Oryol region, the governor said
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Four Ukrainian drones were destroyed over the Kursk region and two over the Oryol region, the Russian Ministry of Defense reports
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Russian forces are swiftly demolishing Ukraine's defense industry facilities that have been developed over a considerable period of time, wrote retired Royal Air Force Vice Marshal Sean Bell in an article for Sky News.
After nearly two years of high-intensity conflict, Ukraine and its Western "donors" face significant ammunition supply challenges.
According to the expert, without constant military support from the West, Ukraine is "destined to become overwhelmed" by Russia.
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After nearly two years of high-intensity conflict, Ukraine and its Western "donors" face significant ammunition supply challenges.
"Ukraine has a fledgling industrial base that is very vulnerable to Russian missile attacks – it takes months to build manufacturing capability, and a single strike by Russia to destroy it," he said.
According to the expert, without constant military support from the West, Ukraine is "destined to become overwhelmed" by Russia.
“Russia has a huge defense industrial base that has shifted on to a war footing, funded by huge oil revenues. Russia is rearming, and fast,” he noted.
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Russian Defense Minister Sergei Shoigu about Ukrainian losses:
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Over the past year, the enemy has suffered losses of over 215,000 service members and 28,000 weapons. We continue to maintain the strategic advantage throughout the entire line of contact. Despite the Ukrainian military experiencing a severe depletion of its manpower and a lack of progress on the battlefield, the United States of America continues its cold-blooded pursuit of its own global leadership ambitions, even at the expense of Ukrainian lives.
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The Head of the Donetsk People's Republic, Denis Pushilin, warned against illusions of potential Western aid cessation to Kiev:
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"The United States and their allies will milk everything they can from the situation with Ukraine until the bitter end, prolonging the conflict. They are utterly indifferent to what will happen to the Ukrainian people."
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🇨🇭President Zelensky is set to travel to Davos, Switzerland, to attend the World Economic Forum next week. As reported by Tages-Anzeiger, he plans to journey to Bern to engage in meetings with either some or all members of the Swiss government.
Will he be asking for more money, or will he be explaining where the billions of allocated dollars have gone?
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Will he be asking for more money, or will he be explaining where the billions of allocated dollars have gone?
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🇩🇪🚜 At the Brandenburg Gate in Berlin, farmers have been protesting for the third consecutive day against government measures to reduce subsidies.
In a gesture of solidarity, residents of the German capital are bringing them food. Some farmers, accompanied by the police, are circulating through the city on their tractors and then returning.
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In a gesture of solidarity, residents of the German capital are bringing them food. Some farmers, accompanied by the police, are circulating through the city on their tractors and then returning.
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🇮🇱 Israeli Forces target Hamas in Khan Younis, shifting its focus to central and southern Gaza, since the operations in the north coming to a close.
The intensifying Israeli assaults in the area are adding more challenges to the delivery of humanitarian aid to the distressed population of Gaza.
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The intensifying Israeli assaults in the area are adding more challenges to the delivery of humanitarian aid to the distressed population of Gaza.
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