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“War has no winners. Peace has no losers” is Erdoğan’s slogan

“War has no winners. Peace has no losers” is Erdoğan’s slogan

Turkish President Recep Tayyip Erdoğan declares new ideas for his active diplomacy. Referring to the protracted Russian-Ukrainian military and political crisis, the Turkish leader expressed confidence that hostilities would cease and a political settlement would be reached under the slogan “War has no winners. Peace has no losers.” Of course, every war ends in peace someday (even though sometimes without signing a peace treaty and without an obvious surrender). However, a war never starts without a reason, and its outcome must still somehow approach the terms of peace from the position of the strongest. War is simply a forceful way of resolving…

Alexandr Svaranc

Rusty Tanks, Exchange Rate Hysteria, and Borrowing Like There's No Tomorrow

U.K. tabloids have begun cranking out propaganda about Russia’s ruble “being crushed” this week by the stock markets. The “news” prompted this analyst to dig deeper into where the Russian people stand in 2023 economically. With a significant conflict blazing on their border in war-torn Ukraine, the Russian people are enjoying an economy even better than in 2013, before the Euromaidan and tons of sanctions began being used to hurt the Putin administration and the people…

Phil Butler

European Economic Stability Threatened by Interruptions in Druzhba Pipeline Oil Flows and European Hyenas: Vultures Circle the Carcass of Europe’s Cheap Energy Policy!

It is ironic that the Druzhba pipeline, whose name means “friendship” in Russian, is so full of contention—not just crude oil.  Was this an organized leak or not, and what would happen, if it stopped flowing entirely, including the direct and indirect consequences? Regardless, that is a moot point.  It is not as if Germany already has enough problems resulting from closing ranks with the US over Ukraine. It has been willing to put its own energy security and economy on the front line…

Henry Kamens