The direct economic harm caused by the Omicron variant of Covid-19 in highly vaccinated countries appears so far to be relatively modest and short-lived, but its indirect hit could prove significant if China resorts to repeated lockdowns in its effort to suppress the virus within its borders. Omicron led to a fresh surge in infections … Read more
WASHINGTON – Some airlines canceled flights to the Ukrainian capital and troops there unloaded fresh shipments of weapons from NATO members Sunday, as its president sought to project confidence in the face of US warnings of possible invasion within days by a growing number of Russian forces. President Volodymyr Zelenskyy spoke to President Joe Biden … Read more
Russia’s enormous military buildup near Ukraine features some of its most potent weapon systems and provides the Kremlin with the means to attack Ukrainian forces from multiple directions, which likely would overstretch their defenses. In its buildup, which has quickened in recent weeks, Russia has positioned forces on three sides of Ukraine: in Belarus, western … Read more