Truss: We are in a highly serious situation.

Yep caused by your government's ludicrous policy decisions.

So Truss is apparently to hold emergency talks with the Office for Budget Responsibility (OBR) in relation to the UK's public finances.

UK 5 year CDS now stands at 49.2

Risen 84.3% in the last week, 136.6% during last month and 364% during last year.

Kiev has stated that US does not completely restrict Ukraine from strikes with Western weapons on Russian territory.

This request only relates to HIMARS MLRS and apparently this does not apply to Crimea.

Did Washington also warn Kiev what the Russian response might be?

Inflation in the Netherlands rose to a new record high of 17.1% in September, up from 13.7% in August, also a record high.

So much for looking after Italians.

Meloni's govt will withdraw a 500 euro subsidy for the poorest people in Italy.

UK GDP YoY Q2

Actual 4.4% versus estimate 2.9% and previous 8.7%

QoQ Q2

Actual 0.2% versus estimate -0.1% and previous 0.8%

Whilst west refuses to accept the results of the referenda in Donetsk, Lugansk, Kherson and Zaporozhye, they were perfectly happy to approve similar referendums in the Balkans via the process of self-determination. Therefore a precedent was set then.

US and Germany remain stuck on efforts to send battle tanks to Ukraine, as officials contend with logistical issues and Europe’s own defensive requirements, along with concern about escalating tensions with Russia.

https://news.yahoo.com/why-germany-us-stalling-modern-133630925.html?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAAK79-VFZS3hNk4U16a7zszrZj2Bh9eYIE7idYPoyiCSs773J0I5nlN4QfOoTMYcNXi1taLDF8pcyqZjYZuaIBqSOuVKROiNFtBquGhOeMMULqQIEoKGxo0nnMRnzCNuxzeGgGJT2uTU_8dgLIRShd1h6r-xY1RLuPLILGjscyaIN

Hungary will not support EU's eighth round of sanctions against Russia if they contain energy sanctions

EU now seriously imagines that it is going to be able to place a cap on oil prices for third countries.

Overall inflation in the Eurozone has reached 10%, versus an estimate of 9.7%, a record high.

Claims that NS1 and NS2 can be repaired, but it is likely to take around 6 months to do so. The obvious question would be if Russia decides to make the necessary repairs, why would they have destroyed the pipelines in the first place?

According to the BoA, UK equity outflows are on track for their worst year ever, with investors pulling $18bn equivalent so far in 2022.

The warning signs are everywhere.

Germany:

Bundestag has voted against increasing arms supplies to Ukraine

179 MPs for versus 476 against.

Truss is anticipated to attend the inaugural meeting of the European Political Community in Prague next week and is expected to offer to hold the next summit in the UK

Sure her voter base will be thrilled.

The idea the US is immune from the economic downturn and resultant financial implications is a myth. Eventually the US will suffer more than any other western nation precisely because they have the WRC.

You may choose to hate Putin and Russia with every bone in your body but if you seriously think the US is a force for good in the world then you are living in complete denial of decades of history which proves this not to be the case.

Merkel:

It is necessary to work on a pan-European security architecture with the participation of Russia.

People still arguing about our statement wrt Merkel 2 days ago.

US will in the very strongest terms says it doesn't recognise Crimea as part of Russia, but privately it very much does so. Hence why US has done nothing wrt Crimea. Why it won't with these 4 regions either. Won't risk WW3 even for Ukraine. Only if US is threatened directly.

Anyone thinking NATO wants to get directly involved in the war?

Stoltenberg:

NATO does not recognize the entry of Kherson, Zaporozhye, Donetsk and Lugansk regions into Russia and condemns Russian annexation of Ukrainian territory but alliance is not party to conflict.