Western land theft. That last issue which Duma representative raised last week also was involved in my case...it would be worth building Joe Biden's statue some place(have one casted just as were those of Stalin) and tipped it over on its nose - leave one as is to serve as reminder of the last legacy of Amero Russian iron curtain politics. German and American strategists have with British did their best to convince me above stated makes no difference, but I am no longer certain whose war we are fighting and if so, if 10 million Ukrainian refugees over half a million dead still is not enough to pay for one....humanity sure won't be with Ukraine included - any better off. Borders are defended at the beginning of the wars - complete takeover attempts of the entire countries and contrary to what you brainwashed me with to see as strategy, however, always are rationalized with what we have seen Biden have done so far. Either way, it no longer looks like war for Ukraine.
Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says
Jan 30, 2024, 4:56 PM GMT+1
Vladimir Putin's ongoing war with Ukraine is boosting Russia's economy, the International Monetary Fund said.
In an update to its World Economic Outlook issued Tuesday, the IMF raised its 2024 growth forecast for Russia from 1.1% to 2.6%. That's the biggest increase it made for any country.
The IMF flagged Russia's high military spending as one factor powering growth. Moscow has allocated nearly a third of its 2024 budget to defense, up from just 14% in 2021 — the year before it invaded Ukraine.
Russia's tight labor market has also helped boost the economy by pushing up wages and consumer spending, according to the IMF. The unemployment rate dropped to a record low of under 3% last year, with many workers emigrating or fighting on the front line in Ukraine.
The IMF's upgrade comes at a time amid rising scrutiny about sanctions against Russia. Moscow has found ways to evade the G7 and EU's $60-a-barrel oil price cap and sold its crude to new buyers such as China and India instead.
"Russia has been living under a sanctions regime for quite a long time, for decades, so we have sufficiently adapted to it," Kremlin's spokesman Dmitry Peskov said in October.
The IMF also lifted its forecasts for the US, China, India and Brazil as it upped its 2024 global growth target from 2.9% to 3.1%. Its cheerier outlook comes after a year where the US managed to dodge a recession and inflation started to cool after central banks aggressively raised interest rates to clamp down on soaring prices.
Front-line Ukrainian soldier says the Russians basically 'have it all' when it comes to weapons, but tanks are probably among the more terrifying
Ella Sherman
Tue, January 30, 2024 at 7:01 PM GMT+1·3 min read
Front-line Ukrainian soldier says the Russians basically 'have it all' when it comes to weapons, but tanks are probably among the more terrifying
A Russian army T-72-B3 tank fires during military exercises at the Raevsky range in Southern Russia on September 23, 2020 during the "Caucasus-2020" military drills gathering China, Iran, Pakistan and Myanmar troops, along with ex-Soviet Armenia, Azerbaijan and Belarus.DIMITAR DILKOFF/AFP via Getty ImagesMore
A Ukrainian soldier fighting in the east said the Russians have key advantages over their forces.
He told CNN tanks are scary because you don't always hear them the way you might with an aircraft.
Ukraine's military is scrambling to work as efficiently as it can with limited ammunition.
Russia's military has been relentless on the battlefield in eastern Ukraine. One front-line soldier said that enemy tanks are, at least for him, particularly unnerving.
The Russians, "they shoot direct fire. Planes are flying over. Basically, they have it all," Dmytro, a Ukrainian National Guard soldier in the Bureviy Brigade, said during a CNN interview, sharing a personal view from the front.
"But probably the worst are tanks," he said. "When they fire, you don't even hear it. You hear an airplane when it comes over. With a tank, you're in God's hands." Artillery is also a serious threat, but tanks do come with a certain shock value.
Ukraine has inflicted severe losses on the Russian armor force, some 2,600 main battle tanks since the start of the war and several hundred in just the past few months, according to the British defense ministry, but the Russian military continues to field replacements.
This still image taken from an AFP video on March 26, 2023, shows a Ukrainian T-72 tank fires at Russian positions on the front line near Bakhmut, amid the Russian invasion of Ukraine.SERGEY SHESTAK/AFP via Getty Images
The Ukrainian military, on the other hand, has been struggling with weapon and ammunition shortages lately, especially as crucial support from the US remains hung up in Congress.
"It's no secret we're starved of artillery shells," a drone pilot, Nazariy, told CNN. "We try to work as efficiently and accurately as possible in order to hit the enemy's fire power."
In some sectors, Russia's attacks have intensified over the past few days, according to Ukrainian officials, who say troops may see as many as 50 "combat clashes" a day.
"The situation is very active and very tense," Dmytro said in his interview with CNN, adding, "The enemy has much more equipment and manpower. Basically, every day, they try to storm their positions."
The Russian military has ramped up its industrial capacity, as well as its recruitment. Recent reports indicate that in addition to replacing troops lost in battle, it is thought to be able to produce about 100 tanks per month.
Ukraine has not received a new security aid package from the US in about a month now, and the Pentagon has said the US does not have the capacity to repair the weapons that it had sent to Ukraine.
"We will continue to work closely with Congress and urge supplemental funding as soon as possible," Pentagon press secretary Maj. Gen. Patrick Ryder said in a briefing on Jan. 23.
Ukrainian President Volodymyr Zelenskyy said at a media event on Jan. 16 at which Business Insider was present that he fears the lack of Western support will result in "a lot of killing and a lot of injured people."
From https://uk.yahoo.com/finance/news/german-economy-shrinks-country-teeters-123204369.html
Germany ‘in permanent crisis’ as property market crumbles
Tim Wallace
Tue, 30 January 2024 at 1:32 pm CET
Olaf Scholz
Germany is on the brink of recession as manufacturing and property crises engulf the eurozone’s biggest economy.
The German economy shrank by 0.3pc in the final quarter of 2023, according to the Federal Statistical Office, as investment in construction and machinery tumbled.
It follows six months of flat output, meaning Germany has not grown since the opening months of 2023. The economy shrank by 0.3pc over 2023 as a whole.
Activity is declining after German industry was cut off from cheap Russian energy and as demand from China wanes. Car factories have also struggled with disruption to parts coming through the Red Sea.
Adding to the country’s woes, the housing market is in trouble.
Property prices are falling and developers are cancelling projects, prompting a downturn in the construction industry.
Train strikes threaten an even tougher start to 2024, raising the prospect that GDP will shrink again in the opening quarter of the year and tip the country into a formal recession.
Carsten Brzeski, economist at ING, said the German economy was in “permanent crisis mode”.
He said: “With an average quarterly growth rate of 0pc since the second quarter of 2022, the German economy is anything but fast-growing.
“The best way to describe the state of the German economy is probably that it is in a shallow recession. In fact, the economy remains stuck in the twilight zone between recession and stagnation.”
Elsewhere, the French economy continues to flatline, recording its second consecutive quarter of no growth. Retail sales and hospitality struggled, while business investment also slumped as high interest rates pushed up companies’ financing costs.
The country may struggle to end the slump in 2024, with farmers laying siege to Paris and other major cities in protest against EU rules and red tape.
By contrast, growth in Spain and Italy both accelerated in the final months of 2023 with growth of 0.6pc and 0.2pc respectively. Spain in particular has been a star performer, boosted in part by a powerful recovery in tourism.
The performance on the peripheries helped the eurozone avoid recession by the slenderest of margins. It recorded no growth in the fourth quarter, according to Eurostat, after a 0.1pc contraction in the previous three month period.
Over 2023 as a whole, eurozone GDP grew by 0.5pc.
Diego Iscaro, economist at S&P Global Market Intelligence, said: “The outlook for 2024 continues to be challenging amid faltering demand and increasing geopolitical tensions.
“We think that eurozone activity will remain virtually stagnant during the first half of 2024.”
The International Monetary Fund (IMF) slashed its forecasts for Germany’s growth this year, predicting GDP will expand by 0.5pc over 2024 – a cut from the 0.9pc previously predicted in October.
That represents the biggest downgrade of any G7 economy.
France is set to grow by 1pc, down 0.3 percentage points on earlier predictions, while the eurozone as a whole will grow 0.9pc, down from the 1.2pc forecast three months ago.
The IMF said that while much of the world proved more resilient than expected through the second half of 2023, “the rising momentum was not felt everywhere”.
It added there was “notably subdued growth in the euro area, reflecting weak consumer sentiment, the lingering effects of high energy prices, and weakness in interest-rate-sensitive manufacturing and business investment”.
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