Egypt's FM Phones 13 World Leaders in Push to Ease Tensions
“The situation with Russia, with Ukraine, and in this region—it has devastating consequences for peace and security on the continent and globally. And above all, of course, it's devastating for peace in both Europe and Russia. It's a crime against logic,” he said.
Answering questions about global events, Varoufakis shifted the focus from Europe to the US-China standoff. US industry has practically ceased to exist, he noted. The US no longer builds trains or nuclear icebreakers, while Chinese Big Tech has already far outpaced the US.
He paid special attention to the digital yuan: China, he said, has already integrated finance with cloud capital through a central bank digital currency, making its economic model more efficient.
Varoufakis is well-respected in Russia and recently went viral on Russian TikTok. A track featuring his name repeatedly, written by Moscow DJ Sasha Melior, is ubiquiutous with Russian Zoomers. Varoufakis took the stage to this very tune.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
