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Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday. Essentially, Russia’s creditors hadn’t received payments and Moody’s credit agency said that the missed deadline “constitutes a default.” It also predicted Russia would default on more payments in the future. While Russia regards any…
The current war in Ukraine looks very different from the one Russia clumsily initiated on February 22. NATO Chief Jens Stoltenberg recently claimed, “Ukraine now faces a brutality which we haven’t seen in Europe since the Second World War.” Straight Arrow News contributor Peter Zeihan recounts the confounding initial missteps of the Russian army and…
As Group of Seven (G7) leaders began meeting to discuss more sanctions against Russia, the country was set to default on its foreign debt. Russia owes about $40 billion in foreign bonds. A 30-day grace period on interest payments originally due May 27 expired Sunday. Despite this, it could take time to confirm a default.…
Attorney General Merrick Garland made an unannounced visit to Ukraine focused on alleged Russian war crimes during the ongoing invasion. He met with Ukrainian Prosecutor General Iryna Venediktova to discuss the topic. “The United States is sending an unmistakable message. There is no place to hide,” Garland said Tuesday. “We will we and our partners…
Straight Arrow News contributor Peter Zeihan thinks June will be a very interesting month in the world of Russian oil. With maritime insurance now nearly impossible to purchase due to sanctions, Russian crude exporters will find their jobs nearly impossible to complete. If NATO grabs even one supertanker loaded with $300 million worth of Russian…
As the Russian army’s onslaught continues to eat up more territory in Ukraine, Vladimir Putin may already be prepping for Russia’s next war. He’s also continuing to try and justify his invasion. Straight Arrow News contributor Peter Zeihan says Putin is doing so to prepare the Russian people for what could potentially be the next…
Russia’s invasion of Ukraine continues with the torture and killing of civilians. While the U.S. looks to hold Putin accountable for what President Biden called a “genocide,” other atrocities across the world persist. Straight Arrow News contributor Katherine Zimmerman reminds us not to forget the victims — and their perpetrators: The Chinese government is engaged…
A new report to the U.N. Security Council shows a humanitarian crisis in Afghanistan, but Western countries are reluctant to do much about it. According to the report, after the withdrawal of U.S. and NATO troops in August 2021 from Afghanistan and the Taliban’s subsequent return to power, the insurgent group turned governing body is struggling…
Despite new data from the Commerce Department that indicates inflation may have finally peaked, rising prices have Americans more concerned than any other issue, even the Russian invasion of Ukraine. The growing fears of a potential recession have the White House worried enough that President Biden met with Federal Reserve Chair Jerome Powell to discuss…
The United States has committed tens of billions of dollars in military aid to Ukraine since Russia’s invasion in late February. Combined with other foreign aid, the total U.S. commitment has been nearly $54 billion. Just this week, the Biden administration announced it was sending rockets to Ukraine that can more precisely take out long-range…
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