Russia on the brink of historic debt default as payment period expires

posted in: News, Russia

KEY POINTS —Interest payments totaling $100 million were due on May 27 and subject to grace period which expired on Sunday night. —Sweeping sanctions imposed by Western powers in response to Russia’s invasion of Ukraine, along with countermeasures from Moscow, … Read More

Germany makes major announcement on army

posted in: Germany, News

Chancellor Scholz has promised to make the Bundeswehr the “biggest conventional army” among European NATO member states. The German military will contribute considerably to the strengthening of NATO’s east flank, the country’s Chancellor, Olaf Scholz, has announced. He also promised … Read More

EU leaders talk economy as Russia slashes gas supplies

posted in: European Union, News

Amid record-high inflation and a Russian gas squeeze, the European Union’s 27 states are addressing their economic woes against the backdrop of Russia’s invasion of Ukraine. Leaders of the European Union’s 27 member states are meeting for the second day … Read More

Ukraine: German Chancellor Scholz arrives in Kyiv — live updates

posted in: Germany, News

Along with France’s Emmanuel Macron and Italy’s Mario Draghi, Scholz is making his first trip to Ukraine since the Russian invasion. Follow DW for the latest. —3 European leaders go to Kyiv, expected to meet with Ukraine’s Zelenskyy —10,000 civilians … Read More

Biden Announces $1B in New Military Aid for Ukraine

US President Joe Biden announced a new package of arms and ammunition for Ukraine Wednesday after speaking with President Volodymyr Zelensky and reaffirming Washington’s support for Kyiv as it battles Russia’s invasion. The package of $1 billion worth of arms … Read More

Huge German military fund clears last parliamentary hurdle

posted in: Germany, News

BERLIN (AP) — A 100 billion-euro ($107 billion) fund to strengthen the German military cleared its final legislative hurdle on Friday, winning approval from parliament’s upper house. The decision clears the way for the government to move ahead with a … Read More

Europe: Mediterranean countries expect over 150,000 migrant arrivals this year

Tens of thousands of migrants are expected to travel to southern Europe this year as poverty, violence and rocketing food inflation pushes many to flee their homes. Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this … Read More

Weekly Update by Mark Armstrong – 3 June 2022

posted in: News, Weekly Update

Greetings from Tyler, Justice is fallen in the streets.  I guess you heard about the acquittal in what looked like a slam-dunk case.  It has political overtones, but it threatened to answer most of the questions that were obvious to … Read More

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