- Mbappe 'seems unaffected' by rape investigation reports: Ancelotti
- N Korea sending 'large-scale' troop deployment to Russia, Seoul spy agency says
- Global stock markets rise on China hopes
- Lebanon slams 'blatant interference' over remarks attributed to Iran official
- Odegaard nearing Arsenal return, says Arteta
- Women priests secretly ordained in the shadow of the Vatican
- Stellantis workers march in Italy over production slump
- Win over England a 'relief' but doesn't fix Pakistan woes, says Masood
- Howe says he was not contacted by FA over England job
- Biden in Berlin vows no let-up on support for Ukraine
- Meta unveils AI tie-up with horror movie producers
- King Charles arrives in Australia for landmark tour
- Stokes sorry for frustration over dropped catches in England loss
- Baby dies, 65 rescued as migrant boat sinks off France
- Slot warns against snap judgements as Liverpool brace for tough week
- Angry Macron blasts media over reporting of Israel comments
- Ukraine's army brigades battle to make enlisting 'sexy'
- India start steadily after Ravindra ton steers New Zealand to lead of 356
- Ravindra's 134 puts New Zealand in command of India Test
- Kenya's Ruto nominates new deputy after impeachment
- Israel conducts raids on Gaza after killing Hamas chief Sinwar
- Asian markets rise as China economy tops forecasts, gold hits record
- Pakistan crush England in second Test to set up series decider
- Harris, Trump to rally voters in key state on same day
- US sees new chance to end Gaza war with Sinwar killing
- From Siberia to the Sahara: Huskies conquer Mauritania
- Ravindra hits ton to extend New Zealand lead to 299 in India Test
- Marc Marquez quickest in Australian MotoGP practice
- 'Like Texas': Spain's arid south draws Western film shoots
- With record production, Moldova plum farmers hail EU integration
- Nigerians sacrifice cars as cost of living crisis worsens
- Liverpool face Chelsea title test, Ten Hag fights to avoid sack
- Dodgers roll while Guardians fry Yankees in MLB playoff thriller
- Top Texas court stays execution of autistic man in 'shaken baby' case
- China posts slowest growth in over a year as property woes drag
- Asian markets swing as China economic growth slows
- Pogba's shadow looms over Juve as revitalised Lazio come to town
- 'Unbelievable' Raphinha leading Barca into tricky triple-header
- In-form Marmoush and Frankfurt hope to tackle history at wounded Leverkusen
- Britain's Lammy in China to 'challenge' Beijing on Russia support
- Manila's car counters help address 'world's worst traffic'
- British racing attendances falling behind, says Qatar Racing's manager
- Rain forces cancellation of opening practice for Australian MotoGP
- Dupont 'beyond surprise' for Toulouse's Kinghorn
- Drought forces Big Tech to rethink thirsty LatAm data centers
- Countries under pressure to fork out for nature at UN conference
- Biden, allies in Berlin to renew Gaza truce call after Hamas leader killed
- Guardians rally to fry Yankees in 10 innings in MLB playoff thriller
- World Bank president focused on job creation ahead of annual meetings
- World Bank chief says lender's climate goals likely safe under Trump
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Putin's War Will Go Bankrupt if the Oil Prices Drop
The oil prices can suddenly drop if Saudi Arabia decides to boost production and flood the market with cheap oil. That's catastrophic for the Russian budget and for the war budget in particular. Putin will basically "go bankrupt" for financing the war against Ukraine and the West if the oil prices fall low enough.
But there's a bigger player to that, too. China is a major world player and it is getting Russia more and more dependent on its political will.