Is it possible that NATO forces could become directly involved in the military conflict between Russia and Ukraine?
Until recently, such a question seemed very hypothetical given the high risks of escalation of the military confrontation between the US-led bloc and Russia into a large-scale armed conflict. But this scenario should be taken seriously now, writes Ivan Timofeev, programme director of the Valdai Club
“A significant escalation factor that would amplify the risk of a direct clash between Russia and NATO, could be the appearance of military contingents form bloc members on the territory of Ukraine. The prospect of such a scenario has already been mentioned by some Western politicians, although their view has not been supported by the US and isn’t an official NATO position.”
“Each of these scenarios involves a direct clash between Russian and NATO forces. Such a situation would inevitably raise the question of deeper bloc involvement and, in the longer term, the transfer of military conflict to other areas of contact with Russia, including the Baltic region. At this stage, it will be even more difficult to stop the escalation. The more losses both sides suffer, the more the maelstrom of hostilities will grow and the closer they will come to the threshold of using nuclear weapons. And there will be no winners.”
https://www.rt.com/russia/599286-russia-nato-ukraine-conflict/
🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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Trump said Iran could start “exploding from within” in a few days if its oil gets “clogged.”
It sounds exaggerated, but there’s truth to it.
Iran produces roughly 2 to 3.5 million barrels of oil every day, and that oil has to keep moving through ports, tankers, and export terminals like Kharg Island.
A large share of the government’s budget depends on that flow, so when exports are blocked and there’s NO EXIT ROUTE, the system doesn’t just pause, it starts backing up.
Storage tanks fill quickly, and while Iran does have capacity, somewhere in the range of 40 to 90 million barrels, that space can get used up surprisingly fast under full production.
Once those tanks hit their STORAGE LIMIT, there’s no room left to absorb anything, and that’s where the real pressure begins.
At that point, Iran is forced into a difficult position. They can either cut production and immediately lose massive daily revenue, easily over $100 million, or keep pumping oil into a system that has nowhere to send it.
That...
💸 Reimagining Bretton Woods
How International Agreement Could Resolve Economic Imbalances
Connectivity Project by Philip Pilkington
The past few years have been ones in which global conflict has flared up in a manner that is more concerning than at any time since the end of the Second World War. Economists cannot offer solutions to all complex geopolitical problems, but they know that trade imbalances tend to vastly increase tensions between nations and make compromise on these non-economic topics more difficult.
Due to the politics and economic structure of the time, the bancor was shelved in 1944. But due to the changes in the global economic system caused by aggressive globalization, there is a strong case to be made that its time has come. Implementing the bancor solution to world trade could provide a new constructive economic vision for a world economy that currently feels chaotic and unmoored. It could provide the keystone to global governance in the 21st century.
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