Originally published at: https://peakprosperity.com/daily-digest/board-of-internal-med-under-scrutiny-eu-eyes-more-russian-assets-for-ukraine/
Health
The American Board of Internal Medicine (ABIM) has faced criticism for revoking the board certifications of doctors, including Professor Paul Marik, who opposed certain COVID-19 policies. Critics argue that the ABIM’s actions, which affect hospital privileges and insurance participation, may stifle scientific debate and innovation. The ABIM, a nonprofit organization, has also been accused of exploiting its power through costly recertification processes that purportedly lack evidence of improving patient care. Financial practices within the ABIM, including high executive salaries and obscure compensation data, have drawn scrutiny. Alleged conflicts of interest involving ABIM CEO Richard Baron and his connections to pharmaceutical companies and the CDC have further fueled criticism. The ABIM’s reliance on consensus-driven evidence, particularly regarding COVID-19 treatments and vaccines, has been seen by some as an attempt to silence dissenting voices, potentially undermining the principle of reproducible scientific results.
Geopolitics
The EU and G7 are considering continued usage of frozen Russian assets to support Ukraine financially, potentially through a $50 billion loan backed by these assets. The EU is exploring options such as open-ended immobilization of Russian assets or extending sanctions to ensure legal certainty. The G7 agreed on this loan during their June summit, stressing that Russia must pay for the damages caused by its war in Ukraine, which the World Bank estimates exceed $486 billion. Legal challenges and investment risks in the eurozone are significant hurdles, but there is momentum to creatively use these funds to support Kyiv. The EU already generates around 3 billion euros annually from frozen Russian assets for military equipment and reconstruction.
Additionally, the EU has initiated a visa liberalization dialogue with Armenia, potentially allowing Armenians visa-free travel to most EU countries. German Chancellor Olaf Scholz is set to visit Moldova, demonstrating EU solidarity ahead of Moldova’s presidential vote and EU membership referendum. Indian Prime Minister Narendra Modi will visit Warsaw and Kyiv, as the West seeks stronger Indian support for Ukraine and opposition to Russia’s invasion.
Economy
Luke Gromen recently discussed the potential tipping point for the bond market and the implications for US fiscal policy and gold investments. Gromen, a financial strategist, highlighted the complexities of the current economic landscape, emphasizing the need for strategic planning in uncertain times.
Sources
The Battle Against ABIM: A Doctor’s Stand on Medical Integrity and Industry Influence
The unholy alliance of industry captured high-impact medical journals, federal public health agencies, professional societies (ABIM, AMA, APHA etc), and most importantly, the state medical licensing boards directed by the Federation of State Medical Boards (FSMB) are still going hard after us ‘dissenting’ doctors.
Source | Submitted by Beth
Luke Gromen Analyzes Bond Market Limits, US Fiscal Policies, and Gold’s Bear Case
Source | Submitted by rhollenb
EU and G7 Consider Open-Ended Immobilization of Russian Assets to Fund $50 Billion Ukraine Loan
The EU and G7 are exploring ways to use frozen Russian assets to financially support Ukraine, potentially through a $50 billion loan backed by these assets.
Source | Submitted by AaronMcKeon