According to the latest IMF figures, Russia is in the process of experiencing serious recession. So far this year $70 billion dollars has left the country and it is expected in the full year over $100 billion will be removed. Economic growth is at 0.2 per cent.
Russian troops are on exercise close to the Ukrainian border and US troops have landed in Poland.
The May European elections will see the rise of right wing parties across the Union. Ukip in Britain is expected to cause an 'earthquake' and AfD in Germany could well win a number of seats.
Right wing parties and Independents are in the ascendancy.
In the United States the Democrats face a hammering in the upcoming elections, which could result in a lame duck president.
The disquiet and unrest across the Middle East is worrying.
Just over 18 months ago German Chancellor, Angela Merkel, said that Europe and the euro was 'recovering' but she added that if the world experiences some big bad news then trouble would be on the way.
It was the rise of right wing parties and Independents that allowed Hitler come to power.
It seems we are living in precarious times.
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