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Don’t go there!

Perhaps ironically, one of the most famous 4 Horsemen of the Apocalypse paintings is by a Russian:

  • Pestilence (on a White Horse -> COVID !?)
  • War (on a Red Horse -> PUTIN !?)
  • Famine (on a Black Horse -> HYPERINFLATION !?)
  • Death (on a Pale Horse -> TOO LATE !?)

 

For relevant updated news go to the EMMA press pages, or follow the following currently relevant (independent) news:
  • Meduza
  • DW
  • Ahead
In Russia, even death isn’t enough to get you off the terrorist watchlist. Around 100 dead people remain on the registry — including Alexey Navalny.

Among the more than 20,000 names on Rosfinmonitoring’s list of “terrorists and extremists,” Meduza found around 100 people who have already died. One of them is the late opposition politician Alexey Navalny. Two years after Russian authorities killed him in prison, his family still hasn’t been able to get his name struck from the registry — despite the law clearly stating that documented confirmation of death is grounds for removal. Here’s what we know about the dead stuck in Russia’s extremism database.

What the fourth year of Russia’s full-scale invasion of Ukraine revealed: neither side can win the war, and neither side can end it

On the surface, the fourth year of Russia’s war in Ukraine offered little new: the same slow advances through the Donbas, the same failed diplomacy, the same lack of a Ukrainian counteroffensive. But 2025 was a year of real, if quiet, transformation — in the technology of killing, in the logic of negotiation, and in both sides’ understanding of what winning actually looks like. Meduza examines what changed, what didn’t, and what the fifth year of the war is likely to bring. The short answer: the war has grown harder to end precisely because it has grown harder to win, and both Moscow and Kyiv appear to have drawn the same conclusion, pursuing not victory but the best available form of not losing.

Western analysts say Russia is losing 50,000 soldiers a month. A Meduza investigation suggests those estimates are based on manipulated data.

Given the battlefield stalemate in Ukraine, Kyiv’s best remaining hope is attrition — inflicting losses on the Russian army heavy enough to persuade the Kremlin that continuing the war is pointless. In recent weeks, Ukrainian politicians and military commanders have been explicit about this goal. President Zelensky has even put a number on it: 50,000 Russian soldiers killed per month. At first glance, the data seem to suggest that Ukraine is closing in on that target: obituary databases and other open sources show Russian casualties rising sharply through 2025, and many Western analysts have accepted those casualty counts at face value. A new investigation by Meduza reveals that these estimates are almost certainly wrong.

These Russians were children when Putin launched a full-scale war against Ukraine. Four years later, here’s what they think about their country — and their future.

As Russia’s war against Ukraine enters its fifth year, a new generation of Russians is coming of age. Despite state pressure and propaganda, not all of them support the ongoing invasion. Meduza asked four young Russians with anti-war views to explain how the past four years have shaped their sense of self, their country, and their hopes for the future. The following is a translation of their accounts, abridged for length and clarity. All names have been changed for security reasons.

Four years, 200,000 confirmed dead, yet major cities remain ‘largely untouched.’ Mediazona and BBC Russian analyze Russia’s military losses on the full-scale invasion anniversary.

Mediazona and BBC News Russian have identified more than 200,000 Russian soldiers killed in Ukraine, the outlets reported on February 24, the fourth anniversary of Russia’s full-scale invasion. 

Friedrich Merz said he saw a "great opportunity" for the industrial exporters, while Xi Jinping called for "enhanced strategic cooperation." China has been courting Western leaders amid Trump's trade tensions.
French President Macron has accepted the resignation of the director of the Louvre Museum, who stepped down after a series of mishaps. Her successor has since been announced.
The Druzhba pipeline serves as the primary conduit for Russian crude oil deliveries to Hungary and Slovakia. Shipments through the pipeline have stalled since the end of January.
From traditional ground combat to survival in positions within the "kill zone" under constant drone surveillance, how has Ukraine's war against Russia changed over the past four years?
Russian attacks have made an already harsh winter even harder to endure for Ukrainians. And yet, after four years of war, most remain determined to tough it out.
Boots on the ground –  Richard Mills
Boots on the ground –  Richard Mills

2026.02.21

A junior resource company’s place in the food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over. Discoveries won’t be made if juniors don’t have boots on the ground, if they aren’t out in the bush poking around and busting rocks.

Indeed, juniors have one of the toughest jobs in the industry. Finding and advancing new projects is difficult and capital-intensive.

Continue reading Boots on the ground – Richard Mills at Ahead of the Herd.

Could Canada and Australia form a critical minerals supergroup?
Could Canada and Australia form a critical minerals supergroup?

By Ian Verrender – ABC News

The timing couldn’t be more exquisite.

Next week, Canadian Prime Minister Mark Carney will address the Australian Parliament on the relationship between the two countries.

Last month, the former Bank of Canada and Bank of England governor delivered a landmark speech to the World Economic Forum, where he pronounced the death of the “rules-based order” and argued it was time for medium powers to form new allegiances.

Continue reading Could Canada and Australia form a critical minerals supergroup? at Ahead of the Herd.

Artificial sweeteners and sugar substitutes directly linked to heart attacks and strokes
Artificial sweeteners and sugar substitutes directly linked to heart attacks and strokes

By Eric Ralls – earth.com

Sugar substitutes and artificial sweeteners are used in many diets and “low-calorie” products, promoted as a way to help people enjoy sweet flavors without the usual calories.

Many people choose them to help manage weight goals or reduce daily sugar intake. Others look for sugar-free snacks to limit changes in blood glucose.

Their popularity reflects a common desire to avoid sugar-related pitfalls. Yet concerns continue to surface about how these substances may affect overall health.

Continue reading Artificial sweeteners and sugar substitutes directly linked to heart attacks and strokes at Ahead of the Herd.

BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway
BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway

By Thomas Seal – Bloomberg

British Columbia, Canada’s third-most populous province, will chop 15,000 public sector jobs, increase income taxes and delay investments, but its left-leaning government avoided making deep cuts to sprawling spending plans and expects debt to continue rising.

“This is not an austerity budget,” BC Finance Minister Brenda Bailey said at the province’s annual fiscal update in its capital city, Victoria.

BC expects a deficit of C$9.6 billion ($7 billion) in the current fiscal year, ending March 31.

Continue reading BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway at Ahead of the Herd.

Silver North Hits Best Hole in Their History in Yukon
Silver North Hits Best Hole in Their History in Yukon

By Bob Moriarty – 321Gold

Silver North is located in the Yukon with their Haldane Silver Property deep in the Keno Hill Silver District. Today the company reported the highest-grade hole they have ever drilled. Boring, boring, boring. Who would be interested in buying an ultra-high-grade silver company with silver at $80 an ounce?

Read More

Continue reading Silver North Hits Best Hole in Their History in Yukon at Ahead of the Herd.

 

2EMMA Featured Stories


Mandela’s Kiss Endures

Palestinian leader Yasser Arafat and Nelson Mandela embrace at Mandela's home in Johannesburg, South Africa, on Jan. 13, 1990.

 

The 2024 Global Elections Super-Cycle

Stay tuned for continuous updates on elections around the world. Click on a country for the latest elections data and analysis.

  • Number of national elections to be held in 2024            18 of 68
  • Overall turnout (based on registered voters)                        63%
  • Total number of ballots cast in 18 elections                   467,094,737

 

Pulled conclusions from pooled data compilations

Using some of the world’s largest companies by market cap & some of the most quoted indices + two most sung alternatives: data for this millennia where available

  • At 134x, Apple is the absolute stock price growth winner; with Amazon at 45x and Google at 32x
  • Despite the lack of interest or dividends, gold at 6.6x looks good compared to any other stock or index!
  • Barrick Gold on the other hand seems to be poorly correlated to anything including the gold metal itself!?
  • But Barrick is the only stock producing negative correlations with most of the indices including a relatively high -0.77 with the Euronext100 index
  • If one wast trying to get something totally uncorrelated on purpose- it would be hard to beat: gold and the Euronext100 index at -0.03; or Barrick and the Hang Seng index at 0.04; or gold and Merck at 0.16; or BTC and the FTSE index at 0.19
  • Correlation against a basket of indices & alternatives is best in Disney and Google (0.81-0.82), albeit at different growth multiples
  • If an average historical P/E is somewhere in the 20x range, then the current S&P quoted average which is in high 30s is as warned high, BUT: only Amazon and Visa seem to be widely out of range (justified by growth in online transactions?), with many below current & historical averages
  • In the current world of no interest & no inflation, maybe the higher P/E averages are justified..? For how long, that is a different question…

For hedging ideas, other growth, correlations, or averages- take a look at the data set/:>  the Excel file: 2emma stock monitor or go to the Data Monitor

 

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The Economist – Graphic Detail

Almost like it was done by John Graphicon 🙂

After four years of fighting, our modelling reveals a grim toll [...]

Sarah Leo, our visual data journalist, explains how to deal with unruly data points [...]

Our interactive map shows where in America homeownership is becoming more appealing [...]

Rich and poor consumers are seeing their spending patterns converge [...]

The average earner struggles to afford rent in all but eight of the places we looked at [...]