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"The US dollar plays a far too dominant role in global finance. Whenever the Federal Reserve Board has embarked on periods of monetary tightening, or the opposite, loosening, the consequences on the value of the dollar and the knock-on effects have been dramatic."Brazil, Russia, India and China established BRIC in 2009 and the bloc became BRICS a year later when South Africa was admitted. If it expands to include other "emerging nations with persistent surpluses," a globally fairer, multi-currency global system could emerge, O'Neill said.
The leaked documents claim that Russia has sustained troop losses ranging from 16,000 to 17,500 while Ukrainian losses amount to as many as 71,500 - a staggering differential that stands at odds with the triumphalist narrative projected by Kiev. They are dated March 1 2023 and appear to be part of an ongoing briefing effort to analyze the war's progress and plan a Ukrainian counteroffensive.
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Ukrainian killed in action outnumber Russians 4:1
Perhaps the most notable piece of information contained in the leaked documents relates to military death tolls, with Ukrainian and Russian losses estimated at about a 4:1 ratio. According to one document, 71,500 Ukrainian troops have been killed in action.
That figure is close to the 100,000 KIA's cited by EU Commission President Ursula von der Leyen in a November 2022 speech, before her comments were retracted. It also tracks closely with statements by one of Ukrainian President Vlodymyr Zelensky's top advisers, Mykhailo Podolyak, who told the BBC in June of last year that Ukraine was losing between 100 and 200 soldiers per day (200 deaths per day over the course of 370 days between the launch of Russia's military operation and the date of the documents would total 74,000.)
Other American and EU state officials have offered dramatically different figures placing Russian KIA's over the six figure mark. For instance, Norway's defense chief has charted 100,000 Ukrainian soldiers dead to Russia's 180,000, while Chairman of the Joint Chiefs of Staff Gen. Mark Miley asserted that Russian losses are "significantly well over 100,000."
A recent leak of classified documents on Washington's war planning in Ukraine has caused turmoil in the Pentagon, forcing officials to step up security, the Washington Post reported on Saturday, citing sources.
Several Western officials interviewed by the outlet said they were still trying to assess the damage from dozens of leaked national security papers which grabbed the public's attention in recent days, with many wondering how the breach had gone unnoticed for so long.
A recent leak of classified documents on Washington's war planning in Ukraine has caused turmoil in the Pentagon, forcing officials to step up security, the Washington Post reported on Saturday, citing sources.
Several Western officials interviewed by the outlet said they were still trying to assess the damage from dozens of leaked national security papers which grabbed the public's attention in recent days, with many wondering how the breach had gone unnoticed for so long.
Two US officials told the Post that the Pentagon leadership has "restricted the flow of intelligence" in response to the leak. One source described the measures as unusually strict, and a testament to "a high level of panic" among the top brass.
Both US officials and their foreign partners were "stunned" and even "infuriated" by the level of detail provided in the documents, which exposed how the US "spies on friends and foes alike," the report says, suggesting the files could stir diplomatic unease.
A senior Ukrainian official told the Post that the leak had caused anger in Kiev, as the files provided insight into information it wanted to keep secret from Russia - namely "vulnerabilities related to ammunition shortages and other battlefield data."
Meanwhile, a European intelligence official reportedly expressed concerns that due to the disclosures, the US could cut back on intelligence sharing with allies. While some of the documents made public were supposed to be shielded from foreign nationals, others had been cleared for transfer to the Five Eyes intelligence alliance, composed of the US, the UK, Canada, Australia, and New Zealand.
Comment: As reality continues to divide, there is little chance opposing ideologies will cooperatively merge.