Russia and China have launched another attempt to develop a “new global reserve currency.” In other words, they are again attacking the dollar.
There is only one country that can dethrone the dollar, and it is not a BRICS nation. It is the United States. President Joe Biden is China’s and Russia’s biggest ally in “dedollarizing” the world.
Vladimir Putin and Recep Tayyip Erdogan have had a love-hate relationship over the decades, but their ties are undeniably strong.
The Russian and Turkish presidents have also become known for their antagonistic relationship, particularly when it comes to geopolitics. While both leaders have been accused of clamping down on civil liberties at home, they’ve also positioned themselves as world leaders who can stand up to Western liberal democracies. The tension between these two men is not new, however.
The United States is planning a permanent military base in Poland, its first in Eastern Europe. This comes as President Joe Biden has told U.S. troops temporarily deployed to Poland earlier this year that they were “in the midst of a fight between democracies and oligarchs.”
The world continues to watch Ukrainians defend the sovereignty of their motherland against the Russian aggressors to the death.
Although Russian offensives have a wide range of arsenals at their disposal, it’s clear as day how they have poorly assumed the abilities of the Ukrainian force, as well as its general population’s reception and protests—not to mention the strong support Ukraine has been receiving from the West.
Russia has used the “Z” symbolism on its tanks and military vehicles. But, as our Editor-in-Chief Sean Spoonts pointed out, these markings have different meanings and allow Russian forces to recognize each other on the battlefield.
Ankara agreed that part of its natural gas payments to Moscow would be switched to rubles.
Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan agreed that Ankara would switch part of its payment for Russian natural gas to rubles, in what appeared to be the most concrete result of their four-hour long meeting in the Black Sea resort town of Sochi today.
The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes.
The fragile Palestinian economy in the Gaza Strip has been drawn into a deep crisis in the wake of the Russian-Ukrainian war, which has caused price hikes, confusion in local fees and taxes imposed on goods, and lower public sector employees’ salaries.
The Biden administration’s next security assistance package for Ukraine is expected to be $1 billion, one of the largest so far, and include munitions for long-range weapons and armored medical transport vehicles, three sources briefed on the matter told Reuters on Friday.
Ukraine’s state nuclear power agency has said that a worker at the Zaporizhzhya nuclear power plant was wounded and radiation-monitors were damaged in renewed shelling of the plant on Russian-controlled territory, while Russian authorities have accused Kyiv’s forces of carrying out the overnight attack.
NATO Secretary-General Jens Stoltenberg said Thursday the Western military alliance has the joint tasks of both supporting Ukraine in its fight against a Russian invasion and to prevent the conflict from spreading into a war between Russia and NATO.