President Joe Biden on Tuesday announced $1 Billion Aid for African Countries, $1 billion in humanitarian assistance to Africa during a visit to Angola, where the United States is showcasing a major infrastructure project aimed at countering China’s investments on the continent. Biden, the first US president to visit the former Portuguese colony, met with […]
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The Federal Reserve continues to be the not-so-silent partner to the government’s reckless deficit spending scheme. While the Fed tries to force down interest, US bond yields are rising, as the markets recognize these bifurcated policies.
S&P Futures are flat to higher this morning ahead of this morning JOLT’s report. Fed Gov Christopher Waller & NY Fed John Williams spoke yesterday and remain confident on growth and that inflation is headed back to their 2% target. The Amazon Web Service Reinvent conference starts today. Shares of Honeywell are moving lower after releasing weaker guidance after the bell yesterday. AT&T has its investors day today, Robinhood Markets has theirs tomorrow. On the earnings front, CRM PSTG MRVL & OKTA are all scheduled to release after the bell. In Europe stocks trading higher but are cautious on the political discord in France. Oil prices are trading higher as Middle East tensions rise.
by James Howard Kunstler, James Howard Kunstler: “It’s a beautiful thing to watch the Biden family destroy the Democrat Party.” — @Mazemoore on “X” You can be sure the blobists have seen this coming from years away. The boys and girls in the agencies have behaved more than just a little badly, and they know […]
Ukrainian soldiers refusing to report for duty or walking away from their front-line positions are becoming an increasing problem for Kiev. One Ukrainian lawmaker said that there have been as many as 200,000 desertions.
Ukrainian officials and soldiers told the AP that “Facing every imaginable shortage, tens of thousands of Ukrainian troops, tired and bereft, have walked away from combat and front-line positions to slide into anonymity.”
Ukrainian ground forces, via Reuters
The report adds, “Entire units have abandoned their posts, leaving defensive lines vulnerable and accelerating territorial losses, according to military commanders and soldiers.”
“Some take medical leave and never return, haunted by the traumas of war and demoralized by bleak prospects for victory,” writes The Associated Press.
“Others clash with commanders and refuse to carry out orders, sometimes in the middle of firefights.”
Soldiers failing to report to their posts are a rapidly worsening problem for Kiev. In 2022, only 9,000 Ukrainians were prosecuted for desertion.
That number increased to 24,000 in 2023. Ukrainian government data showed prosecutions skyrocketed to 50,000 during the first nine months of 2024.
The prosecutions do not capture the whole picture as one Ukrainian lawmaker told AP the number “could be as high as 200,000.”
The growing problem is likely a result of war fatigue.
“It is clear that now, frankly speaking, we have already squeezed the maximum out of our people,” said one military officer.
Between casualties and desertions, Kiev is facing a massive manpower shortage. The AP noted Kiev lost a net 4,000 soldiers along the front lines in September. The White House is pushing Ukraine to lower its consumption age to 18 to help fill shortages.
