The US government spent $85 billion on the Afghan military, only to see it surrender to the Taliban without a fight. Now the son of a former defense minister is spending millions to buy a luxury mansion with a view of Los Angeles.
Since February 21, when Russia acknowledged the separatist republics of Donetsk and Luhansk in eastern Ukraine, laying the groundwork for the special military operation three days later, Western nations have instituted a succession of economic sanctions against hundreds of Russian political leaders and corporate tycoons who regulate the country's media, financial institutions, oil refineries, and other critical industries.
Due the sanctions that where placed on Russia after the attack of Ukraine by the West and western firms leaving the nation, Putin has now threatened to arrest officials of Coca-Cola, IBM, McDonald's, Procter & Gamble and other foreign companies.
The Kremlin has disputed US media claims that Russia had compiled a list of Ukrainians to kidnap or murder in the event of a conflict. But it would appear that currently, a few Russian assassination squads are hunting Zelensky.
In an article Washington Post admits some NATO members wants to prolong the war in Ukraine to deplete and isolate Russia.
The sanctions placed by the US OFAC on Russian diamond producer Alrosa PJSC earlier this month have blocked the flow of Russian diamonds to India.
Ukraine's exports have been badly impeded by the conflict, which has caused the country to close its ports, while Russia's exports have been damaged by Western sanctions. This has left India in a critical role as IMF Chief begs India to revise wheat export ban policy at World Economic Forum.
The PIF has already founded 54 new businesses, spanning industries like real estate and luxury cruises, with an investment goal of at least $40 billion a year in Saudi Arabia. This is the story of the making of Saudi Inc.
Chinese military researchers recently called for the destruction of Elon Musk's Starlink satellites, an extraordinary threat for a state to make against a private foreign enterprise.
It is impossible to track the geoeconomic turbulence inherent to the “birth pangs” of the multipolar world without the insights of Professor Michael Hudson at the University of Missouri, and author of the already seminal The Destiny of Civilization.