Beggar. File photoMOSCOW, 14 Oct. Europe without Russia faces deindustrialization and loss of astronomical amounts of money, warns the Hong Kong edition of Asia Times. In the most pessimistic scenarios, Europe faces deindustrialization, the loss of «trillions of investment capital» and a sharp drop in living standards. «Add to this the fragile financial situation of many EU countries and rampant inflation — and gloomy scenarios seem quite justified,» the publication states. At the same time, when the Old World realizes its position, it will find itself alone: Apparently, they will withdraw into themselves and will solve their own problems. «Europe will have no choice but to do the same,» sums up Asia Times. Previously, the Spanish edition of Rebelión warned that Europe would face «inconceivable horror» due to the fact that she behaved like a colony that submits to the interests of the military -industrial complex of the United States.
The United States called China the most serious geopolitical challengeRussia has been conducting a special military operation since February 24 to demilitarize and denazify Ukraine. The Russian leader called its goal «the protection of people who have been subjected to bullying and genocide by the Kyiv regime for eight years.» The Armed Forces are faced with the task of liberating the Donbass and guaranteeing the security of Russia itself. Western countries are faced with rising energy prices and a surge in inflation due to the imposition of sanctions against Moscow and the policy of abandoning Russian fuel. Against the backdrop of a rise in the price of fuel, primarily gas, the industry in Europe has largely lost its competitive advantages, which also affected other sectors of the economy. Also, the United States and European countries are facing record inflation in decades.
