Larry Fink, chief executive of BlackRock, the world’s biggest asset manager, said that the war in Ukraine will put an end to globalization as governments and businesses cut ties with Russia, while warning that a large-scale reorienting of supply chains will be inflationary. “The Russian invasion of Ukraine has put an end to the globalization…
BlackRock Chief Says Ukraine War Marks End to Globalization
March 24, 2022
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Live Q&A: Fauci Warns COVID Policies Aren’t Over; CDC Says Ending Pandemic Would Cost Powers
March 20, 2022
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Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, is warning about a new variant of COVID-19, the BA.2 variant, and suggested that lockdowns may again be back on the table. Fauci told CNN that the United States may need to “pivot and go back to any degree of mitigation that is…
Could China Use Ukraine War to Challenge US Dollar Hegemony?
March 17, 2022
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Commentary Russia’s war in Ukraine, and the West’s response so far, has been a gift to China. The West’s strict sanctions on Russia have isolated the country from much of the world. It needs a financial lifeline. The war in Ukraine, and the West’s sanctions against Russia, is providing a unique opportunity for China to…
NATO to Deploy ‘Substantially More Forces’ to Eastern Flank and at ‘Higher Readiness’
March 16, 2022
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NATO chief Jens Stoltenberg said Wednesday that the alliance is planning to deploy “substantially more forces” to its eastern flank amid the ongoing war in Ukraine, though he rejected any role for NATO forces on Ukrainian territory or in its airspace. “On land, our new posture should include substantially more forces in the eastern part…
Albanian Protesters Blame Government for Price Hikes
TIRANA, Albania—Thousands of Albanians took to the streets of the capital Tirana Saturday to protest against sharp price increases on fuel and food that authorities blame on the war in Ukraine. Albanians from across the country converged on the main Skanderbeg Square before marching in front of Prime Minister Edi Rama’s office with banners and…
Even With Military’s Underperformance, Kremlin Likely to Achieve Land Grab: US Security Expert
Jim Hanson, a retired member of the U.S. Army Special Forces and president of the Security Studies Group, said in his assessment, Russian President Vladimir Putin’s plan in Ukraine is developing according to the Kremlin’s initial goals, except that the Russian military is floundering. “I’ve known what his ultimate goal was from the beginning, and…
The Cost of the Russian War Keeps Rising
Commentary From the start of Russia’s invasion of Ukraine, the U.S. stock market, which has been “stumbling since the beginning of the year,” writes the New York Times, is down “10.3 percent from its most recent peak on Jan. 3,” and the cost of gas is rising rapidly. Near record high oil prices—it briefly topped $130 per…
Stakes Rise as Ukraine War Enters 12th Day With No End in Sight
As the Russo–Ukraine war entered its 12th day, hopes dimmed for a near-term negotiated settlement to the hostilities as Russian President Vladimir Putin on Sunday doubled down on his campaign to “demilitarize” Ukraine, while Russia’s Defense Ministry warned neighboring countries to stay out or be considered parties to the war. In separate phone calls on Sunday…
Capitol Report (March 1): Biden Addresses Nation at Fraught Moment
March 1, 2022
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President Joe Biden is addressing the nation before Congress Tuesday night in his first State of the Union address, where he’ll discuss America’s role in the Ukraine war. And he will announce a new plan to tackle inflation and mental health—an area where he hopes to find common ground. With the world on edge as…
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