The EU is demanding that member states' governments urgently stop the illegal flow of goods to Russia, calling on Brussels to close sanctions loopholes. Source: Politico, reported by European Pravda Details: In a letter sent to the EU's leaders on Wednesday, which was seen by Politico, the European Commission emphasised to countries the need for "immediate, concerted and firm action by all of us".
It is one of the absurdities of our age that, across the West, international institutions are revered simply because they are international, and international law is treated as holy writ: unquestioned, unchallenged and unassailable.
One of the biggest UK mergers of the year was unveiled today as Britain’s top defence contractor BAE Systems said it had reached an agreement to buy US firm Ball Aerospace in a $5.6 billion (£4.4 billion) deal. BAE said it had reached an agreement to buy the Colorado-based business as part of a push to expand its capabilities in spacecraft and missile development amid a period of heightened defence spending by national governments. The firm said the acquisition would be funded by a combination of new external debt and existing cash resources.