Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

[Arch Dornan]

China says it's moving to buy oil and gas in the yuan — a move that could threaten the dollar's global dominance in the long run

It's not clear if the Gulf nations are taking up the proposal, but Saudi Arabia has been in talks to use the yuan to settle its energy sales to China.

markets.businessinsider.com

It's happening.

 

[History Learner]

Josep Borrell confesses: “Our military stockpiles have been depleted”

Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy/Vice-President of the European Commission confesses that Ukrainian war “has been a wake-up call for all of us about our (European) military capabilities.” He said: “We have given weapons to Ukraine...

moderndiplomacy.eu

They're not making enough.

This is a key point I've been making all year. Post Cold War everyone slashed their defense spending, but the Russians retained the advantage of the Soviet inheritance and being a resource superpower:

 

[Arch Dornan]

'I'm going to freeze to death in my own home': Emotional caller helped after speaking to LBC

When this emotional caller said he was sick and alone and scared he was going to freeze to death in his own home an outpouring of support from LBC listeners led to him getting the help he needed.

www.lbc.co.uk

Someone's freezing in the UK.

 

[strunkenwhite]

Kudlow: "I want the free market to decide."
Guest: "Sure, as long as it doesn't make the wrong decision."