While Russian officials have expressed suspicion over Macron’s overtures, Beijing, seeing it as an opportunity to pull France away from the U.S.’s sphere of influence, has welcomed the idea.
The Bretton Woods System is “outdated, dysfunctional, and unfair,” the UN Secretary-General said at the G7 Summit in Hiroshima. Could this be the moment for CBDCs?
Due to the use of trenches and the ferocious fighting which exacted a heavy toll on both sides, the battle of Bakhmut has drawn comparisons with WWI’s battle of Verdun.
Russia went on a retaliatory spree, announcing entry bans for U.S. officials and opening criminal cases against ICC officials, while forcing Greenpeace into shuttering its Russian branch.
More concessions from the Commission are to be expected as EU members remain divided on shutting down gas pipelines, barring deceitful vessels, and slapping third countries who help Russia with separate sanctions in fear of economic blowback.
Apart from Moscow’s war in Ukraine, Beijing’s increasingly muscular position on its claim to Taiwan and the South China Sea is bringing the G7 considerable anxiety.
