Contrary to what was imagined, the opportunity of the Ukraine war failed to make Europe a world power, a strategic culture, and at best, made Europe a somewhat more cohesive and powerful auxiliary force for the United States. Therefore, there is no such thing as a European policy towards the …
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US And NATO Allies Accounted For Over Half Of Global Military Expenditure In 2022
The world’s total military expenditure surpassed $2.24 trillion in 2022, with Europe recording its steepest rise in the last three decades, according to the annual military expenditure report of the Stockholm International Peace Research Institute (SIPRI). The report was published on April 24. The annual report notes that global military …
Read More »The Post-Dollar World Is Coming – OpEd
Over the past few months, a series of important events have happened that herald the collapse of the global economic order and the demise of US dollar. First, Saudi Arabia’s finance minister said the kingdom had no objection to selling its oil in a currency other than the US dollar. …
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