Unsustainable defence spending is causing problems beyond the industry itself. As the war in Ukraine rages on, growth has slowed sharply, and few good options remain, as recession and stagnation loom.
Amid reports of more wins for Zelensky's forces in Belgorod, Putin may yet regret invading his neighbour's land. The change in fortunes shows how Kyiv kept its elite combat troops ready to strike.
The actor-turned-president's term ends on 20 May and new elections will not take place, prompting questions—especially in Russia—about the legitimacy of Zelensky continuing in office
Both Moscow and Kyiv have several moves left to alter the war's outcome. The ability to do so largely depends on the commitment of resources and the will to fight.
The willingness of the Ukrainians to strike targets inside Russia represents a significant challenge for Putin, who claimed the war on Ukraine was to 'secure Russia's borders'
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
Al Majalla - London
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