Russian governor reacts to Kiev-backed militants’ demand for meeting

Belgorod Region’s Vyacheslav Gladkov has agreed to talk to a group of neo-Nazis with a view to freeing POWs Belgorod Region Governor Vyacheslav Gladkov said on Sunday that he was ready to meet the leader of the Russian Volunteer Corps (RDK), a neo-Nazi group of Russian nationals fighting for Kiev, if the militants return two…

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Wave of defaults looming – Deutsche Bank

Aggressive monetary tightening by central banks threatens the global economy, according to strategists A cycle of boom and bust will return this year and a wave of corporate debt defaults is imminent, particularly in the US and Europe, Deutsche Bank has warned.

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US military spending may drop to lowest level since Cold War era – WSJ

Inflation will wipe out the effect of a recent increase in the defense budget in real terms, the newspaper claims The share of US spending on defense may drop below 3% for the first time since the Cold War era, the Wall Street Journal reports, citing the latest debt ceiling agreement as a major reason…

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