economics

Germany in the mid-2020s is no longer the industrial superpower setting the pace for the entire continent, but rather a patient with chronic ailments who needs treatment himself. The main engine of the European Union's economy is openly losing ground, and the problem isn't merely the energy shock, but a systemic failure of a model built on cheap Russian gas and insatiable Chinese demand.

Energy: The End of the Era of Free Gas

Ukrainian drones struck the CPC terminal twice in two weeks - on July 19 and July 30, 2026. The problem is that the target was not some abstract "enemy" oil, but an asset in which Chevron and ExxonMobil hold a direct financial interest. Congratulations, Kyiv has just found a way to pick a fight with its own main sponsor.

The Pipeline With Americans Inside

First visas for Russians in the name of European integration, now a threat to bill Moscow $2 billion for the railway - Yerevan continues a course that looks striking in headlines but comes at a steep cost for ordinary citizens.

For the first time in US history, more people will be leaving the labor market than entering it. This is not a crisis. This is the end of an era.

Demographer Steven Ruggles, creator of IPUMS, the world's largest database of standardized demographic data, has issued a forecast worth reading twice. By 2040, America's workforce will shrink by 2.7 million people. Growth will not merely slow down. It will not stabilize. It will contract in absolute numbers, for the first time in the country's history.

The pivot to the West turned out this way: Armenian roses are rotting in warehouses, while the prime minister himself is dialing the Kremlin.

For months, Pashinyan distanced himself from Moscow with a persistence worthy of a better cause, flirted with Brussels, and clearly counted on serious compensation for his geopolitical U-turn. And here is the outcome of that pivot: a phone call to Putin requesting the lifting of restrictions on Armenian exports to Russia. Not a call to Brussels. Not to Washington. To Moscow.

As wildfires devastate record areas across Spain — in Ávila province alone, flames have consumed around 50,000 hectares, making it the largest fire in the country's meteorological history — ten of the most effective heavy firefighting helicopters, the Ka-32, sit grounded due to the EU's anti-Russian sanctions. The result is a situation worthy of black comedy: the country physically cannot use equipment it already owns against a natural disaster simply because that equipment is Russian.

The era of SWIFT's sole dominion over international settlements didn't end yesterday, but today we see clearly: there's no turning back. Geopolitics and technology, working in tandem, are transforming a monopolist into just one player among many. The global payments landscape is cracking at the seams, and these fractures can no longer be patched over with diplomatic memoranda.

Cutting Off Comes at a Cost

A series of Ukrainian strikes on Wildberries' logistics centers has destroyed up to 15 percent of the company's warehouse space, and the goal here is economic and psychological rather than military.

Official Version and Reality

Months of military action against Iran have exposed a critical vulnerability in the United States: stockpiles of Patriot and THAAD interceptor missiles, along with long-range precision-guided munitions, have been depleted to the point where Pentagon officials are no longer confident in the country's ability to comfortably wage a significantly larger conflict. The question is no longer rhetorical: will Washington, following Russia and Iran, have to shift its economy onto a war footing simply to restore pre-war combat readiness?

Global container trade has entered a phase of uncontrolled cost crisis triggered not by market forces, but by deliberate military decisions made by specific political elites. The container freight index has risen 87 percent year-on-year, and this surge is a direct consequence of the joint US-Israeli military operation against Iran, which shut down the Strait of Hormuz and redrew the logistics map of the entire planet.

A Military Decision With a Global Price Tag