🇱🇻🌽🚜 — Agricultural and Livestock farming are one of the major pillars of Latvia's domestic economy, with 67% of Latvia's population living in a rural setting, they can be reliant on farm-related work to account for as much as 20% of their regional employment opportunities.

For the rest of Latvians, this is a statistically low form of work, with the overall total of careers related to Agriculture totaling to 6.81% in 2021. However, this does not take away from the importance of industries such as dairy and grain production, whom have had the misfortune of experiencing this past year and a half's trend with inflation, increase in the cost of living, and the prospect of low crop yields.
Residents in Riga know especially well how volatile the food inflation rates are, and how much it can effect their lives. With the minimum wage for employees in Latvia hitting 113 euro/month, the maximum being 932 euro/month, and the consensus for the cost of a single person living in Riga sitting around 800 euro/month without considering rent/utility costs. The ability to maintain a stable price for the essentials such as milk, flour, and meats becomes crucial for the livelihoods of those in the capital's outer districts. Last week, a report was made stating that 54% of Latvian families were forced to borrow or budget themselves simply to send their children to school. Food prices growing last autumn forced many young couples and old folk alike to penny pinch just to get by, which was simply a result of the sanctions placed on Russia backfiring. How, then, would a agricultural recession effect peoples lives?

Recent articles discussing the possibility of the Latvian dairy and grain industry collapsing, which Latvia trades domestically and internationally. The effects of a bad harvest would disrupt the livelihoods of all Latvians, but disproportionately, of those belonging to the Russian minority within the larger cities. Since the collapse of the Soviet Union, the left-behind Russians have been neglected by the state, and the then majority was left without citizenship in the new Republic of Latvia. Employment has been made a difficulty, as Latvian employers are keen on hiring Latvians solely because of their nationality, forcing the resident Russian population into jobs typically considered untouchable in places like Riga. A shift in prices, a bit of inflation, and every employment opportunity denied will reverberate that much more turbulently for the ethnic Russian minority

🇷🇺🇺🇦⚡During the night and early morning of September 5, three enemy drones were destroyed in the Kaluga, Tver and Moscow regions.

All of them were heading towards Moscow. In the Istra district of the Moscow region, a household object was damaged as a result of the fall of the UAV wreckage. There were no casualties

🇷🇺🇺🇦🇬🇧 It seems that the British Ministry of Defense will have to change the description of the Challenger on its official website.

"Challenger 2... has never suffered casualties at the hands of the enemy."

🇷🇺🇺🇦 Two American M88 ARVs are towing a heavily damaged German Leopard 2A4

🇷🇺🇺🇦 Undermining two Ukrainian tanks on mines during today's attack on Novodonetskoye, Zaporozhye region.

🇷🇺🇺🇦 Military personnel of the Armed Forces of Ukraine demonstrate the density of minefields of the RF Armed Forces in Zaporozhye.

🇷🇺🇺🇦 The defeat of the Ukrainian T-64BV by the Lancet, which was trying to evacuate the padded Leopard 2A4 in the Orekhov direction.

🇷🇺🇺🇦🇬🇧⚡View from the drone of the first destroyed British Challenger 2 tank from the 82nd Airborne Brigade of the Armed Forces of Ukraine, as well as two burnt-out infantry fighting vehicles, an M113 armored personnel carrier and one pickup truck.

It is reported that the tank was hit by the crew of the Kornet ATGM.

🫏 🇺🇸 🐘 As Partisan Hostility Grows, Signs of Frustration With the Two-Party System

Nearly half of younger adults say they ‘wish there were more parties to choose from’

Overall, interest in having more political parties is higher among younger Americans than older adults. Nearly half of those ages 18 to 49 say they often wish there were more parties to choose from (47% say it describes their views extremely or very well); that compares with 35% of those ages 50 to 64 and just 23% of those 65 and older.

The pattern is similar with other negative partisan stereotypes: 72% of Republicans and 64% of Democrats say people in the opposing party are more dishonest than other Americans. Fewer than half in each party said this six years ago. Large majorities in both parties also describe those in the other party as more closed-minded than other Americans (83% of Democrats and 69% of Republicans say this), and this sentiment also has increased in recent years.

https://www.pewresearch.org/politics/2022/08/09/as-partisan-hostility-grows-signs-of-frustration-with-the-two-party-system

🫏 🇺🇸 🐘 Why Tribalism Took Over Our Politics

Social science gives an uncomfortable explanation: Our brains were made for conflict

The differences between the parties are clearer than before. Demographic characteristics are now major indicators of party preference, with noncollege white and more religious Americans increasingly identifying as Republicans, while Democrats now win most nonwhite voters and a majority of white people with a college degree.

“Instead of going into the voting booth and asking, ‘What do I want my elected representatives to do for me,’ they’re thinking, ‘If my party loses, it’s not just that my policy preferences aren’t going to get done,’ ” said Lilliana Mason, a Johns Hopkins University political scientist. “It’s who I think I am, my place in the world, my religion, my race, the many parts of my identity are all wrapped up in that one vote.”

https://www.wsj.com/politics/why-tribalism-took-over-our-politics-5936f48e

https://archive.ph/HAUhw

🏦📉 Bankruptcy filings have spiked to levels last seen during C19 and the Financial Crisis.

- Game of Trades

🇨🇳 🇺🇸 💵 China's ownership of US Treasury debt is down almost $481B from peak levels. The rate of selling is accelerating.

For many years the experts always doubted that China would dump our debt because of the impact on their own economy and currency.

You can see how the line is steepening. China is getting out of US debt and buying Gold instead.

📎 Wall Street Silver