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Want to accelerate software development at your company? See how we can help.
Want to accelerate software development at your company? See how we can help.

The commander-in-chief of Ukraine’s armed forces on how to win the war - The Economist   

RUSSIA’S INVASION of Ukraine in February 2022 provoked a global security crisis. The assault on democracy by a morally sick imperial power in the heart of Europe has tilted the balance of power in other parts of the world, including the Middle East and Asia-Pacific. The failure of multilateral bodies such as the UN and Organisation for Security and Cooperation in Europe to maintain order means that Ukraine can only restore its territorial integrity by military force.

Ukrainians have shown their willingness to lay down soul and body for their freedom. Ukraine not only halted an invasion by a far stronger enemy but liberated much of its territory. However, the war is now moving to a new stage: what we in the military call “positional” warfare of static and attritional fighting, as in the first world war, in contrast to the “manoeuvre” warfare of movement and speed. This will benefit Russia, allowing it to rebuild its military power, eventually threatening Ukraine’s armed forces and the state itself. What is the way out?

Basic weapons, such as missiles and shells, remain essential. But Ukraine’s armed forces need key military capabilities and technologies to break out of this kind of war. The most important one is air power. Control of the skies is essential to large-scale ground operations. At the start of the war we had 120 warplanes. Of these, only one-third were usable.

Continued here




Want to accelerate software development at your company? See how we can help.
Want to accelerate software development at your company? See how we can help.




Want to accelerate software development at your company? See how we can help.


Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward - Fortune   

Today’s housing market is the least affordable and least accessible it’s been in decades as mortgage rates reached 8% this fall and home prices continue to rise. Yet, every day homes are still sold as new buyers shell out tens of thousands of dollars for a down payment and lock into historically high mortgage payments. So just how bad is affordability? Zillow crunched some numbers and says it will take you a remarkably long time to break even if you buy a house under these market conditions.

Many do this not because they’re thrilled at the prospect to buy into such unaffordable conditions, but to bolster their financial stability for the future. In other words, the sooner they can become a homeowner and start building equity in their starter home, the sooner they can break even on that investment and eventually afford something better. But Zillow’s analysis shows that things have gotten so out of whack in the housing market, it’s taking much longer than normal for owners to be able to sell their homes for a profit. 

New homebuyers can expect to spend about 13.5 years in their house before breaking even on their investment, Nicole Bachaud, a senior economist at Zillow, wrote in the report released Monday. Zillow’s analysis took into account typical and forecasted home value increases based on the Zillow Home Value Index, assumptions for closing costs, agent fees at the time of sale, maintenance costs, and interest payments. Zillow’s estimates are based on market conditions as of July, when mortgage rates were over 7%.

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