April financial report - 256$ April was a decent month for me trying to get by with writing. Since I was studying for my exams halfway through this month, I couldn't actively share articles, so I experienced a noticeable decrease in income compared to last month. But when we compare it with the days I wrote last month, April was a much more profitable month. Last month, I earned $311 even though I wrote on 30 of the 30 days. This month I earned $256 by writing only 20 days.…
@Cronos in May 2022
Turkey's neutrality policy in the Russian invasion of Ukraine may cause problems for them Back then, Turkey was once part of the powerful Byzantine and Ottoman Empires and was home to one of the richest cities in the world. However, modern-day Turkey is an economic disaster and only one man is to blame for all of it. President Recep Tayyip Erdogan is a man who thinks that economic policy is something you can just freestyle as you go along. Under his excellent guidance,…
Sri Lanka could go bankrupt due to Russian invasion of Ukraine As you might have seen in the news, Sri Lanka is suffering through a bit of a crisis. The Sri Lankan economy wasn't in a great state going into the pandemic, but when tourism dried up and the economy was put on hold to stop the spread of the virus, it became pretty clear that Sri Lanka wasn't going to be able to pay its debts. Sri Lanka's economic crisis transformed into a political crisis, forcing the…
While Putin continues to invade Ukraine, he may declare war on Japan due to Kuril islands While the world's attention has been focused on Russia's war in Ukraine, another long-standing territorial dispute has been escalating in the Kuril Islands, also known as the northern territories in Japan. This land dispute specifically between Japan and Russia is over the ownership of the four southernmost corel islands, which are currently owned by Russia. So in today's article I'm…
Putin's invasion of Ukraine is causing a worldwide food crisis When thinking about the Russian-Ukraine crisis, it's only natural to focus on the horrifying situation on the ground. The death, the destruction, and the demolition of communities. Those things are vitally important, but their impact extends outside these population centres. The war is also taking a toll on farming in Russia and Ukraine, something that's crucial considering how much of the world's food comes from…
Explained: Russia's invasion of Ukraine may push European Union to form its own army The war in Ukraine has shaken up the prevailing European order. European leaders have implemented policies and sanctions that were simply inconceivable before the war. Sanctions against Russia's central bank and individuals, as well as the suspension of Nordstream 2 and Russia's suspension from Swift, are just the beginning. Leaders have announced that they have the intention of collectively…
Crypto crash could shake the economy of El Salvador As some of you probably already know, the crypto markets have been having a torrid time for the past few weeks. Cryptocurrencies across the board, including Bitcoin, Ethereum, and Terra, have all crashed, and the drop doesn't seem to be slowing down. So in this article I'm going to be taking a look at the ongoing crypto crash and how it might even force El Salvador into default. Let's start with the crypto crash itself. As…
Why did Elon Musk buy the least profitable social media platform Twitter? So if you've been on the internet recently, you've likely seen a lot about Elon Musk, the world's richest man, CEO of Tesla, founder of SpaceX, and soon to be the owner of Twitter, among other things. But it's that last one which you'll be focusing on today, and it's the thing which has caused the biggest stir recently. So let's explain what's happened and then discuss why the world's richest man would…
Why did Turkey veto Finland and Sweden's NATO membership applications? Sweden and Finland abandoned their neutrality policy after the Russian invasion of Ukraine. And they announced that they wanted to join NATO. NATO also announced that it would take these two countries into the union as per its open door policy. But something happened that they did not anticipate. Turkey has declared that these countries are not interested in NATO membership. And the world agenda suddenly…
How badly did Putin's invasion affect the Ukrainian economy? Over the last few months, a lot of attention has been directed at Russia's economy. The media have spent countless hours tracking the ruble and discussing if and how the new sanctions will affect Putin's war chest. But this emphasis on Russia can obscure the fact that the economy most affected by this war will be Ukraine's and if estimates are anything to go by it will be pretty seriously affected. So in this…
Russia's invasion of Ukraine is fundamentally changing NATO As you've probably already noticed, Putin's invasion of Ukraine has brought NATO out of the shadows. The transatlantic alliance that Emmanuel Macron described as brain-dead in 2019 looks more relevant than at any time in the last 30 years, and a number of European countries have begun to consider membership. So in this article we're going to be taking a look at how NATO might change in reaction to the war in…
Putin's invasion of Ukraine is turning the Russian economy into a a bubble ready to burst When the west first imposed sanctions on Russia in the aftermath of Putin's invasion, many analysts thought that Russia's economy would crumble. That's because the sanctions were unprecedented in both scope and magnitude, and originally they did seem to have the desired effect. However, over the last few weeks or so the ruble has continued its recovery, hitting a two-year high against…
What does Russia's capture of Mariupol mean and why is it important? The siege of Mariupol began on February 24, 2022, right at the start of Russia’s invasion of Ukraine. Within two weeks, Russian forces had completely sealed the city. And within two months, what was left of the Ukrainian military had retreated to an old iron and steel works building. Surprisingly, they held out for a while after that. Luckily for them, iron and steel plants are incredibly important for the…
Explained: Could Russia's invasion of Ukraine push Austria to join NATO? Since Russia invaded Ukraine in late February, nato membership has become a hot topic of conversation. Despite boasting 30 current members, several EU countries have opted against signing up, including Finland, Sweden and the Republic of Ireland. We're going to take a look at the European exception to Austria and do our best to explain why Austria has never joined the alliance and the likelihood of them…