If you listen to the American media (even Drudge), you would think that the Ukraine is calming down. The truth is something else:
There has been heavy fighting at the Donetsk airport, with the rebels suffering nearly 100 casualties. The Ukrainian govt used helicopter gunships and fighter planes. If you check the reference, it will also take you to some pictures. Note the rebel sporting an anti-tank weapon on his back. Fighting continues at and near the airport. Meanwhile, the rebels shot down a helicopter, killing 14 soldiers, including General Volodymyr Kulchytskiy. Govt troops are shelling Sloviansk with mortars.
President Putin is scheduled to meet with French Pres Hollande and there is talk of talks in the wing between Putin and Ukrainian President. The big question is how long the Russians will allow the Ukrainians bring military force against the separatists and what countermeasures they will take.
The US economy. AS predicted from analyzing the early report, the US economy shrank in Q1. How much? Maybe 0.5%, maybe 1%. Meanwhile, the regime and its press is touting the unemployment figures as proof that hiring is picking up. What do the numbers say? The numbers say that unemployment applications dropped by 18,000 to 300,000. That does not mean that hiring is picking up, it means that the number of people becoming unemployed is slowing.
Economists predict the growth of GDP to be between 3.5% and 4.% for the rest of the year. The reason? Increasing inventory and catching up for the lost shopping of Q1. There is one thing that weighs heavily on the economy: ObamaCare. The cost of insurance per avg family is set to rise from $7,500 to %15,000 per year.
No comments:
Post a Comment