Finland became the 31st member of the North Atlantic Treaty Organization (NATO) on the military alliance’s 74th anniversary during an April 4 ceremony in Brussels, Belgium. Immediately after, ministers convened to discuss the pending admission of Ukraine into NATO as it fights off Russia’s February 2022 invasion. No action is expected soon on Ukraine’s request,…
Panel: ‘We Owe’ Ukraine NATO Admission
Report: Beijing’s Power in Asia Slumps as Australia Narrows Gap With Russia
Beijing’s draconian “Zero-COVID” policies during the pandemic caused its influence in Asia to plummet, while Australia, which has been less affected by the pandemic, is within striking distance of overtaking Russia, a new report shows. China’s overall power in Asia declined the most in 2022, according to the Lowy Institute’s latest edition of Asia Power…
The Case for a Cold War 2.0
Commentary Russia’s invasion of Ukraine has forced democratic countries to face the likely prospects of a prolonged period of confrontation in Europe. This is happening even as China, now the West’s most formidable and determined enemy, has become the first mover and ready belligerent in a looming, region-wide, conflict in the Indo-Pacific. Unchecked, the next…
WHO Condemns Russian Aggression That Resulted in Ukrainian Health Crisis
The World Health Organization passed a resolution Thursday addressing the Ukrainian health crisis that began with Russian aggression, while rejecting a similar counter-proposal from Russia that failed to mention the country’s role in the war. The “Health emergency in Ukraine and refugee receiving and hosting countries, stemming from the Russian Federation’s aggression” draft proposal was…
Two Truisms About the US & Russia, Ukraine and China
Commentary Russia is not as strong as the United States, except for nuclear weapons. Russia is not the main threat to the United States—that threat is China. Back in 1985, during his visit to Paris, Mikhail Gorbachev told French President Francois Mitterrand that the Soviet Union was not strong. In fact, said Gorbachev to his…
UK Government May Be Sued Over Delays for Ukrainian Refugees
The British government, in the shape of the Home Office, is facing a lawsuit over bureaucratic delays to arranging visas for refugees from the conflict in Ukraine. In March the Homes for Ukraine scheme was launched by the government, which promised to take in thousands of Ukrainian refugees, who would be housed with British families who…
American Grocery Stores Hit Hard by Rising Inflation
With prices of commodities rising due to the COVID-19 pandemic and supply chain disruptions, inflation has hit grocery stores across the United States as brands increase product prices to prevent corporate profits from being squeezed. P&G, which sells skincare products, shampoo, diapers, and toothpaste, raised product prices by 5 percent to achieve 10 percent sales…
Oil Range-Bound Following IMF Prediction of Lower Global Growth
Oil prices were trading range-bound on Wednesday after the International Monetary Fund (IMF) scaled down its global growth projections for 2022. Prices fluctuated as it received support from concerns about tighter supplies. Brent oil futures were trading at around $108.20 per barrel as of 13:42 UTC on April 20, very near to its opening price….
Yellen Criticizes China’s Position On Russia-Ukraine War
U.S. Treasury Secretary Janet Yellen criticized China for its dubious stance on Russia’s war against Ukraine in remarks where she outlined a “way forward” for the global economy. Beijing recently affirmed having a “special relationship” with Russia which Yellen hopes might play a role in ending the ongoing war, according to an April 13 press…
Oil Climbs on Failed Peace Talks, Steadies on Reduced Demand from China
Oil prices climbed early Tuesday after Russia–Ukraine peace talks reached a stalemate, but eased toward the end of the day’s trading session as China and Japan—the world’s top oil consumers—reported weak economic data. Brent oil started April 12 at $100.14 and climbed over 4.7 percent to a high of $104.88 before hitting resistance and closing…
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