The article notes that the refusal of direct purchase of Russian gas seriously hit the competitiveness of industrial enterprises in Europe due to a sharp jump in energy prices....
Personally, I really hope the west pulls the trigger on this because it'll be the final nail in the coffin of western dominated global financial system.
I give it like 50/50, the bankers are firmly against it because they realize what an insane thing this would be to do, but the politics require constant escalation. A lot of what we saw over the past two years has been absolute insanity, but here we are.
Russia is the biggest economy in Europe in terms of PPP, and has a bigger industry than all of NATO combined. Yet, here we have you regurgitating nonsense that you've been spoon fed by your propagandists.
You mean because Bojo sabotaged the talks in Istanbul that could've prevented a war resulting in hundreds of thousands of people dying and Ukraine being destroyed in the process?
This still doesn’t make Russia magically have a larger industrial base than NATO, it’s absurd.
I guess at this point I shouldn't be surprised that your reading comprehension is poor.
You think Price Point Parity is a measure of size, so I’m not sure you even understand what you are trying to claim. You’re certainly not using the right terms
I certainly am using the right terms. Cost of production in Russia is far lower than in the west, which makes it absurd to make GDP comparisons. The fact that you can't understand this shows that you have no clue regarding the subject you're attempting to debate here. Here's an example that might help you understand what's happening
And if you think Russia allocating 40% of government spending to be able to wage war on one small country makes them capable, good luck 🤞
Except Russia isn't doing anything of the sort. This is just something you pulled out of your ass because you're an extremely gullible individual who lacks capacity for critical thinking.
Americans who get their news primarily from cable are the only people who believe that Israel is not committing a genocide in Gaza, according to a new survey that examined the relationship between attitudes toward the war and news consumption habits....
And yet there are still lots of people on here who tell us that western media is not biased, and trot out nonsense like mediabiasfactcheck to argue why we should only consume information from mainstream western sources.
Indeed, this is the key difference I see between liberals and conservatives in US. Conservatives are just more honest about their support for US hegemony by any means necessary. Meanwhile, liberals will do hand wringing and talk about lesser evils to justify atrocities.
US is used to being able to wage economic war on other countries because traditionally it has commanded a far bigger economy. Now, US is faced with an adversary whose economy is already bigger in terms of purchasing power, and continues to grow much more rapidly than US is. On top of that, China is now a more important trading partner than the US for the majority of the world. Attempts to bully China are achieving the opposite of the intended effect. China's response has consistently been to make themselves less dependent on US, which is making China stronger.
The European economy is entering stagnation. Over past five quarters, the average quarterly GDP growth for the EU-27 was 0.03%, with all progress occurring in Q1 2023, which saw a growth of 0.33%. ( lemmy.ml )
https://ec.europa.eu/eurostat/web/products-euro-indicators/w/2-30042024-bp
Weaned off from Russian gas, Europe finds itself trapped in expensive energy resources ( www.lemonde.fr )
The article notes that the refusal of direct purchase of Russian gas seriously hit the competitiveness of industrial enterprises in Europe due to a sharp jump in energy prices....
Ukrainian men abroad voice anger over pressure to return home to fight ( www.washingtonpost.com )
https://archive.ph/NxmUm
U.S. Economy in Crisis, the Demise of the American Dream & China's Rise w/ Prof. Richard Wolff ( m.youtube.com )
U.S. police have arrested more protesters in just two weeks, than the Hong Kong police arrested in four violent months in 2019. ( media.mas.to )
https://media.mas.to/media_attachments/files/112/378/032/678/390/649/original/87e40ae93d3ba51b.mp4
Opposing Every War But The Current One, Supporting Civil Rights But Never Right Now ( www.caitlinjohnst.one )
In recent years, a record number of Finns have resigned from the Defence Forces’ reserve to civil service, and Minister of Defence Antti Häkkänen now wants to tackle this in a robust manner. ( www.kyronmaa-lehti.fi )
Warning of toxic smoke after fire breaks out at Berlin factory ( www.thelocal.de )
ICC demands end to threats against court amid Gaza war probe ( www.aljazeera.com )
The clash over whether to commandeer Russia’s frozen assets ( www.ft.com )
https://archive.ph/jIbnJ
China’s ties with Russia are growing more solid ( www.economist.com )
‘We stormed without support’: Ukraine towns fall to Russia in latest defeat ( www.aljazeera.com )
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say | CNN ( edition.cnn.com )
No safety in retreat: Ukrainian soldiers say rear defensive lines barely exist amid Russian advance ( apnews.com )
Russian troops enter base housing US military in Niger, US official says ( www.reuters.com )
Only 25% of US interceptors succeeded in Iran attack 😂 ( www.jpost.com )
Ukraine is on the brink, says a senior general ( www.economist.com )
Russians Who Fled Abroad Return in Boost For Putin’s War Economy ( www.bloomberg.com )
Turkey Halts All Trade With Israel, Officials Say ( www.bloomberg.com )
The perfect way to round out your career ( lemmy.ml )
Putin’s crushing new offensive could be the end of Ukraine ( www.telegraph.co.uk )
NATO starts deploying troops as Russia races to win ( asiatimes.com )
Enlightened Centrism ( lemmy.ml )
A Putin collapse? The dangers of wishful thinking ( responsiblestatecraft.org )
Palestinian flags banned from Eurovision 2024 ( www.gp.se )
Colombia to break diplomatic relations with Israel, President Petro says ( www.reuters.com )
De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says ( www.bloomberg.com )
https://archive.ph/vzYFB
Why would you make your tech demo look like the start of a horror movie ( www.youtube.com )
https://media.mas.to/cache/media_attachments/files/112/287/156/149/038/092/original/810ae65f62b6c2ba.mp4
Turkey to join South Africa's genocide case against Israel at World Court, minister says ( www.reuters.com )
US state department has found five units of the Israeli military responsible for gross violations of human rights in individual incidents, but says they will continue to receive US military backing. ( www.bbc.com )
Only Cable News Viewers Think Israel isn't Committing a Genocide, Survey Finds ( theintercept.com )
Americans who get their news primarily from cable are the only people who believe that Israel is not committing a genocide in Gaza, according to a new survey that examined the relationship between attitudes toward the war and news consumption habits....
Made in China 2025: China meets most targets in manufacturing plan, proving US tariffs and sanctions ineffective ( www.scmp.com )
Sanctions and tariffs implemented as part of a US-led trade war have put increased pressure on China’s manufacturing industry...