The full-scale invasion of Ukraine by Russia in February 2022 represents more than a brutal military confrontation; it marks a profound geopolitical rupture, unleashing immense human suffering and triggering economic shockwaves felt across the globe. Beyond the immediate tragedy, the conflict has acted as a powerful, if grim, catalyst for the global arms industry. Historically, war fuels demand for weaponry, enriching manufacturers and reshaping international trade dynamics. This article delves into the multifaceted impact of the Russia-Ukraine war on the international arms sector, examining shifts in manufacturing, trade patterns, and the financial performance of defense corporations across domains from traditional land armaments to emerging drone technologies. It scrutinizes the complex web of arms flows to both Ukraine and Russia, distinguishing between government aid and commercial sales, and identifying key national and corporate players. A central focus is the economic equation for major supplier nations, particularly the United States, weighing the financial windfalls for defense contractors against broader fiscal costs and benefits. This is sharply contrasted with the devastating economic price borne by the direct belligerents, Ukraine and Russia, encompassing staggering military expenditures, infrastructure destruction, crippling sanctions, and profound humanitarian costs. Through a cost-benefit lens, the analysis weighs the profits accruing to a select industry against the widespread economic hardship generated by the conflict. Finally, drawing on expert analyses, the article explores the potential long-term geopolitical, economic, and security implications stemming from the war and the associated proliferation of arms, assessing the enduring impact on regional and global stability. This investigation seeks to illuminate the intricate, often discomfiting interplay between modern warfare, the global arms trade, and the international economy, identifying the winners and losers in a conflict actively reshaping the 21st-century landscape.
Sunday, 20 April 2025
Thursday, 10 April 2025
The Thought Collective - Special Report
What began in February 2022 as a conflict largely perceived through the lens of a localized, bilateral dispute between Russia and Ukraine has inexorably drawn in a complex web of international actors. More than two years on, the war's character has been fundamentally reshaped, its ripples extending far beyond Eastern Europe to touch nearly every corner of the globe. Mounting evidence and official reports now paint a picture not just of external support, but of direct foreign military involvement on both sides of the front lines, alongside unprecedented levels of financial and material aid. The conflict is no longer merely Ukraine's struggle; it is a globalized confrontation with profound and far-reaching consequences.
This article delves into the multifaceted nature of this foreign entanglement. It examines the substantiated, active participation of North Korean military personnel fighting alongside Russian forces and analyzes the more ambiguous, though officially claimed, presence of Chinese nationals in Russian ranks. Conversely, it catalogs the extensive, coordinated efforts by a broad coalition of nations, led prominently by the United States and European powers, to arm, fund, and train Ukrainian forces. Furthermore, this analysis explores how this deepening international involvement signifies the conflict's metamorphosis into a global issue, dissecting the significant and varied economic shocks felt across Russia, Ukraine, Europe, Asia, and the United States.
Saturday, 29 March 2025
Ten years ago, when Wisconsin lawmakers approved a bill to allow unlimited spending in state elections, only one Republican voted no.
“I just thought big money was an evil, a curse on our politics,” former state Sen. Robert Cowles said recently of his 2015 decision to buck his party.
As Wisconsin voters head to the polls next week to choose a new state Supreme Court justice, Cowles stands by his assessment. Voters have been hit with a barrage of attack ads from special interest groups, and record-setting sums of money have been spent to sway residents. What’s more, Cowles said, there’s been little discussion of major issues. The candidates debated only once.
Friday, 28 March 2025
By Natasha Lindstaedt, University of Essex
After Donald Trump’s “very good and productive” phone call with Vladimir Putin earlier this week, all eyes were on his subsequent call with Ukraine’s president, Volodymyr Zelensky.
Tuesday, 25 July 2023
By Mudit Jain, edited by Naveed Ahsan, Fair Observer
Between April 2022 and March 2023, India's trade deficit in manufacturing exceeded $250 billion. This serves as a stark reminder of the challenges and lack of competitiveness of Indian manufacturing. The roots of this decline began in the 1990s and a lack of comprehensive reforms has limited the sector's ability to compete effectively on a global scale.
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Image by Swastik Arora from Pixabay |
Tuesday, 18 July 2023
By Sam Pizzigati, Editor, Inequality.org
If we take on our rich, we can recreate that success.
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Urban Housing - Picture from Pixabay |
Amazing things can happen when societies realize they don’t need an awesomely affluent.
What sort of amazing things? Take what happened in the United States between 1940 and 1960, as economists William Collins and Gregory Niemesh do in a just-published research paper on America’s mid-century home ownership boom.
Over a mere 20-year span, the United States essentially birthed a “new middle class.” The share of U.S. households owning their own homes, Collins and Niemesh note, jumped an “unprecedented” 20 percentage points. By 1960, most American families resided in housing they owned “for the first time since at least 1870” — for the first time, in effect, since before the Industrial Revolution.
Monday, 3 July 2023
A Magical Journey Around the World
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The Chronicles of Lili - Volume 1 |
Welcome to a world of imagination, excitement, and thrilling adventures! We are thrilled to present to you "The Chronicles of Lili - Vol 1," a delightful children's book that will take young readers on a journey they will never forget. Join Lili, Bruno, Inge, and Mr. Squeak as they embark on captivating escapades around the globe. With its vivid illustrations, engaging stories, and heartwarming characters, this book is sure to captivate the minds and hearts of children aged 6-12.
Friday, 27 May 2022
By Arash Javanbakht, Wayne State UniversityThe deadly shooting of at least 19 children and two adults in Texas on May 24, 2022, is the latest in an ever-growing list of national tragedies, leaving families and friends of the victims gripped with grief, anguish and despair.
Saturday, 11 January 2020
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Published by Aditya Basu - Grab Your Copy now! |
The Need to Continually Demonize Iran
“Our long years of negotiations with foreign countries… have yielded no results this far. With the oil revenues we could meet our entire budget and combat poverty, disease, and backwardness among our people. Another important consideration is that by the elimination of the power of the British company, we would also eliminate corruption and intrigue, by means of which the internal affairs of our country have been influenced. Once this tutelage has ceased, Iran will have achieved its economic and political independence.” (M. Fateh, Panjah Sal-e Naft-e Iran, p. 525)
“The United States used methods both legal and illegal to help build Saddam's army into the most powerful army in the Mideast outside of Israel. The US supplied chemical and biological agents and technology to Iraq when it knew Iraq was using chemical weapons against the Iranians. The US supplied the materials and technology for these weapons of mass destruction to Iraq at a time when it was know that Saddam was using this technology to kill his Kurdish citizens. The United States supplied intelligence and battle planning information to Iraq when those battle plans included the use of cyanide, mustard gas and nerve agents. The United States blocked UN censure of Iraq's use of chemical weapons. The United States did not act alone in this effort. The Soviet Union was the largest weapons supplier, but England, France and Germany were also involved in the shipment of arms and technology.”
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The Creationz Collection by Aditya Basu
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Friday, 10 January 2020
As long as the top executives of our privatized war economy can reap unlimited rewards, the profit motive for war in Iran — or anywhere — will persist.
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Image by dayamay from Pixabay |
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The Creationz Collection by Aditya Basu
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Thursday, 9 January 2020
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USS Wisconsin (Pic: Alan Wilson - Flickr, CC 2) |
Proxy War
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Published by Aditya Basu - Grab Your Copy now! |
Potential for Escalation
The Right Temperature
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The Creationz Collection by Aditya Basu
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Wednesday, 18 December 2019

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