Thought for the day

"The difference between stupidity and genius is that genius has its limits." -- Albert Einstein

Adsupply

Almost a quarter of a million Germans will fall into unemployment next year as Russia’s war in Ukraine deals a shattering blow to Europe’s largest economy.

The German economy will be 1.7pc smaller next year than it would have been without the invasion, according to analysts at the Institute for Employment Research, and will only gradually return close to its pre-war trajectory by the end of the decade.

A substantial number of countries maintain a pro-Russian stance or keep cooperating with Moscow despite the sanctions imposed by a number of Western countries, advisor to the Ukrainian presidential office Mikhail Podolyak said on Tuesday.

No matter what firepower NATO’s navies can bring to bear in Russia’s eastern backyard, they cannot prevail.

When Russia’s navy recalls both the Anglo-German naval arms race, which helped precipitate the Great War and the Great Game Tzarist Russia played in Asia against Britain, they must feel confident about the future.

The foreign ministers of the Group of Seven (G7) nations on Wednesday called on Russia to immediately hand back full control of the Zaporizhzhia nuclear power plant to Ukraine.

We previously detailed how Tuesday's large explosion at Russia's Saky air base deep within Crimea immediately set off speculation that Ukraine's military could have just launched its boldest attack yet of the six-month long war. Ukraine's government has been sending mixed signals.

Cross border institutions in Eurasia were previously tasked with diversifying economic connectivity as the emerging multipolar world demanded reduced dependence on Western-centric institutions reluctant to adapt to new realities.

However, the current European crisis has destabilized the world and discredited the West’s ability to facilitate economic cooperation. Subsequently, these bodies are now asserting a central role in organizing economic recovery and pragmatic cooperation.

A new hybrid strain of Covid-19, which combines the features of the Delta and Omicron variants of the virus, has been discovered in Russia, the country’s consumer health watchdog Rospotrebnadzor has confirmed on Thursday.

Six cases of the so-called ‘Deltacron’ strain have so far been registered, with five in St Petersburg and one in Moscow, the agency said, citing data uploaded on VGARus (Virus Genome Aggregator of Russia).

Even as UN Secretary-General António Guterres addressed survivors of the World War Two US atomic bomb attack on Hiroshima, halfway around the world, the armed forces of Ukraine seemed hellbent on unleashing a modern-day nuclear holocaust on Europe by firing artillery rockets at the Zaporozhye power plant.