Author: Olivia RUM

UK-economy-decline

The Decline Of The UK Economy (III)

Part II As the costs of funding debt increased throughout 2023-24, 8.4 % of government spending was allocated to debt servicing, amounting to £102 billion, leading to increased income taxation to fund interest payments on UK government debt. Tax revenues recorded by HMRC reached £ 827.74 billion for the 2023-2024 […]

Germany-new-government

Scholz’s Last Week

On May 6, a new chancellor was installed in Germany. This meant that the old chancellor had to  leave his office. His government wanted to leave pompously. Foreign Minister Annalena Baerbock stands out from the whole pack. She decided to make another visit abroad in the last week of her […]

Germany-Merz-Russia-Europe-Ukraine

Merz Should Have Flown To Russia

So far, all the measures taken by the German Chancellor had nothing to do with the course of settling relations with Moscow. His statements were extremely pro-Ukrainian in nature. If the new chancellor had flown to Russia to celebrate Victory Day, it would have marked a turnaround in German foreign […]

UK-economy-decline

The Decline Of The UK Economy (II)

Part I It is no secret that the UK is currently under extreme socio-economic pressure. Three consecutive economic shocks – Brexit, the COVID-19 pandemic, and the conflict in Ukraine – have left the UK burdened with additional debt. Net debt as a percentage of GDP has surged from 36.3% in […]

UK-Emprire-decline

The Decline Of The UK Economy (I)

For a significant portion of the 19th century, Great Britain stood as the preeminent global superpower. From the vast expanse of British India to the Canadian Dominion, its wealth and power were unparalleled. However, following the zenith of the British Empire in 1922, a period during which the UK governed […]

Germany-Ukaine-war-skillsr

Ukrainians Want To Teach Europeans About War

The Ukrainian ambassador to Germany, Oleksii Makeiev, made an unexpected statement. He suggested that the Germans learn from Ukraine the skills of warfare. The skills of the armed forces of Ukraine in the field of launching drones may be especially valuable, the diplomatic worker is sure. The assumption that Germany […]