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Transatlantic Politics » Blog Archive » Russia has stopped its invasion in Georgia. But at what price? But other consequences we can think of are obviously a brutal regime change, an end to Georgia’s NATO aspirations and Europe being cut off from the Caspian oil and gas reserves. Also, a much stronger Russia when dealing with European countries. Already Italy, Belgium and now France are ...
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European Economy Shrinks For First Time Since Introduction Of The EuroThe Huffington Post | Full News Feed
BRUSSELS, Belgium — The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Germany, France and Italy braked sharply with high fuel and food prices holding back consumer spending. Worse seems yet to come, with European business and consumer confidence at the lowest level in more than five years in July, inflation ...