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Unrest grows in US-occupied Syria after Kurdish proxy hikes fuel prices by 300 percent

The Cradle | September 19, 2023

Syrians living under the de-facto rule of the Autonomous Administration of North and East Syria (AANES) in Hasakah governorate have launched mass demonstrations and a general strike to oppose a fuel price hike of over 300 percent for public transport and industrial vehicles.

The unprecedented protests have grown in scope after Kurdish authorities announced that reversing the decision is “almost impossible,” citing the country’s deteriorating economic situation. While fuel prices for vehicles were hiked from 525 to 2,050 Syrian pounds, the fuel price for heating, agriculture, and electric generators remains the same.

Protesters have been blocking roads and shutting down businesses for several days in the towns of Qamishli, Rumailan, and Mabada, accusing the US-backed authorities of plundering Syria’s wealth for their own benefit. Demonstrations have also been called in the regions of Raqqa, Manbij, and Ain al-Arab, which could lead to significant economic repercussions in all areas under the control of the AANES and its official military force – the Syrian Democratic Forces (SDF).

“The people went out to express their rejection of the policies of AANES, which aim to impoverish the people and push them to migrate,” a demonstrator in Qamishli told Lebanese daily Al-Akhbar.

“There was a consensus to provide and improve the quality of diesel in exchange for increasing its prices,” the head of the AANES fuel management authority, Abeer Khaled, recently told reporters, adding that “it is difficult to retract or modify the decision to increase [considering that] raising prices will contribute to reducing fuel smuggling operations outside areas under the control of AANES.

In 2021, AANES reversed a similar decision to hike fuel prices after intense clashes between locals and the SDF left several dead.

The territory occupied by the SDF and the US army in Syria’s northeast houses the country’s largest oil and gas fields, as well as vast wheat fields.

Washington’s forces regularly smuggle these resources via convoys to their bases in the Iraqi Kurdistan Region (IKR), where the oil and gas are sold to fund the operations of US proxy militias and de facto authorities.

The protests in Hasakah come as armed operations continue in neighboring Deir Ezzor governorate by Syrian Arab tribes who have been staging a rebellion against Kurdish forces. While heavy clashes have subsided for the most part, the region is still seeing sporadic attacks targeting the SDF.

September 19, 2023 Posted by | Economics, Illegal Occupation | , , | Leave a comment

Baerbock’s Xi Jinping comment only gives away Germany’s subservience to US

By Drago Bosnic | September 18, 2023

Conducting any sort of diplomacy requires a certain level of intelligence and at the very least basic decency. However, top diplomats of the political West must’ve missed the classes on either of those, probably busy listening to people like Josep Borrell and his rants about the “garden” and the “jungle”. This is particularly embarrassing when dealing with millennia-old civilizations, such as China and India, countries with magnificent cultural heritage, both of which have recently been characterized as societies with “low intellectual potential”. As we all know now, during an interview with local media, high-ranking Kiev regime official Mikhail Podoliak arrogantly stated that China and India are supposedly “incapable of thinking about long-term strategies” because of this “low intellectual potential”.

We can imagine what sort of “intellectual potential” is present in a person who thinks that countries such as China and India are “incapable of devising long-term strategies” when both have quite literally existed for thousands of years, continually, we should stress. If Beijing and Delhi don’t have such strategies, the question is – who does? And yet, it seems that Podoliak is hardly the only Western politician (or Western-aligned, in this case) with such “highly intellectual” opinions. Namely, the German Foreign Minister Annalena Baerbock also decided to demonstrate similar “high intellectual capacity” during a recent interview with Fox News. On September 15, she directly called Chinese President Xi Jinping a “dictator”. Worse yet, she did so while giving a statement about the Ukrainian crisis, a matter that isn’t directly related to China.

“We will support Ukraine as long as it takes,” Baerbock stated during the interview, adding: “If Putin were to win this war, what sign would that be for other dictators in the world, like Xi, like the Chinese president? Therefore, Ukraine has to win this war.”

Once again, she demonstrated how to conduct diplomacy if one really wants to get on the bad side of not one, but two global superpowers, both of which are of essential importance to Germany itself. It seems Berlin learned nothing from the disastrous decoupling with Moscow, a move that has effectively destroyed German industrial might. Russian commodities such as oil and natural gas, the vital importance of which cannot possibly be overstated, have never been less accessible to Germany, and yet, Berlin continues its hostile policies towards Moscow. Still, this is obviously not enough, so it’s now also showing enmity towards Beijing. It should be noted that, according to the German Federal Statistical Office, trade exchange with China amounts to almost €300 billion.

This makes Beijing its largest trading partner and for the eighth year in a row, at that. German exports to China are immensely important for saving what’s left of its industry. Such enmity towards Beijing may very well destroy it completely. This also comes on the heels of what can only be described as a crawling trade war between China and the European Union, as the troubled bloc has announced it would “launch an investigation into Chinese electric vehicle subsidies“. And to say nothing of the mindless decision Brussels made earlier this year when it announced that EU navies will “support Taiwan”, although Europe itself is faced with a massive surge in illegal immigration, a problem which the aforementioned EU navies can’t deal with in the Mediterranean, their own primary zone of responsibility.

China has already expressed indignation over the label, deeming it “absurd” and an “open political provocation”. Mao Ning, the spokesperson of Beijing’s Foreign Ministry, said that Baerbock’s remarks “infringed on China’s political dignity”. As of this writing, no concrete moves have been announced in response to Germany’s rhetoric, but it’s virtually guaranteed that Beijing will not tolerate such insolence. It’s also not the first time that Baerbock has engaged in Sinophobia. Just last month, she said that “China poses a challenge to the fundamentals of how we live together in this world”. Baerbock also described her mid-April visit to China as “more than shocking” and said Beijing was “increasingly becoming more of a systemic rival than a trade partner”, which is in line with Germany’s openly stated intention of “decoupling” with China.

Beijing’s response is certainly not limited to stern rhetoric, as demonstrated by the sanctions (or counter-sanctions, to be exact) it now regularly imposes on its increasingly aggressive Western rivals. Back in early July, after US President Joe Biden also called his Chinese counterpart a “dictator” several weeks before, China responded with restrictions on the export of rare-earth elements, which caused shockwaves on the global market. Biden made the controversial statement only a day after US State Secretary Antony Blinken came back from China, a visit that Washington DC pompously announced would supposedly “stabilize ties” between the two countries. In mid to late July, the US also sent Henry Kissinger, Blinken’s much more prominent (First) Cold War-era predecessor, to try and use his influence to prevent China’s total tilt toward Russia.

However, this forlorn attempt failed, especially as Kissinger went in an unofficial capacity, leaving his visit (geo)politically inconsequential. Taking all this into account, Germany’s rhetoric can hardly be described as “sovereign”. Berlin has zero reasons to get into any sort of confrontation with China, but it still does so. However, this is certainly in the interest of the US, as Washington DC is desperate to portray Beijing as supposedly “isolated”. This only implies that Germany doesn’t have an independent foreign policy.

Drago Bosnic is an independent geopolitical and military analyst.

September 18, 2023 Posted by | Economics | , , | Leave a comment

China summons German envoy over Baerbock’s ‘dictator’ remark

RT | September 18, 2023

The Chinese Foreign Ministry has summoned German ambassador Patricia Flor after Berlin’s top diplomat, Annalena Baerbock, referred to Chinese President Xi Jinping as a “dictator.”

The ambassador “was summoned to the Chinese Foreign Ministry [on Sunday],” a spokesman from the German Foreign Ministry told AFP on Monday.

Baerbock made her remark while on a visit to New York on Thursday. Speaking to Fox News, she claimed that if the West allowed Ukraine to lose its conflict with Russia, this would embolden “other dictators in the world… Like Xi, the Chinese president.”

Beijing was “extremely dissatisfied” with Baerbock’s words, Chinese Foreign Ministry spokeswoman Mao Ning told reporters earlier on Monday. Mao said that Baerbock’s “absurd” comments “violate China’s political dignity” and are tantamount to an “open political provocation.”

Relations between Berlin and Beijing have deteriorated as of late, with Germany calling for reduced economic reliance on China in its first-ever China strategy, which was published in July. Despite China being Germany’s largest trading partner, the document branded Beijing a “systemic rival.”

In labeling Xi a “dictator,” Baerbock followed in the footsteps of US President Joe Biden, who applied the same descriptor to the Chinese leader in June. Biden’s statement came immediately after US Secretary of State Antony Blinken met Xi in Beijing, and reportedly caused American officials to reassure their Chinese counterparts that Biden’s words did not represent a shift in US policy.

September 18, 2023 Posted by | Economics | , , | Leave a comment

The UN’s New Political Declaration on Pandemics

By David Bell | Brownstone Institute | September 15, 2023

On September 20th our representatives meeting at the United Nations (UN) will sign off on a ‘Declaration’ titled: “Political Declaration of the United Nations General Assembly High-level Meeting on Pandemic Prevention, Preparedness and Response.”

This was announced as a ‘silence procedure,’ meaning that States not responding will be deemed supporters of the text. The document expresses a new policy pathway for managing populations when the World Health Organization (WHO), the health arm of the UN, declares a future viral variant to be a ‘public health emergency of international concern.’

The WHO noted in 2019 that pandemics are rare, and insignificant in terms of overall mortality over the last century. Since then, it decided that the 2019 old-normal population were simply oblivious to impending annihilation. The WHO and the entire UN system now consider pandemics an existential and imminent threat. This matters, because:

  1. They are asking for far more money than is spent on any other international health program (your money),
  2. This will deliver great wealth to some people who now work closely with the WHO and the UN,
  3. The powers being sought from your government will reimpose the very responses that have just caused the largest growth in poverty and disease in our lifetimes, and
  4. Logically, pandemics will only become more frequent if someone intends to make them so (so we should wonder what is going on).

Staff who drafted this Declaration did so because it is their job. They were paid to write a text that is clearly contradictory, sometimes fallacious, and often quite meaningless. They are part of a rapidly growing industry, and the Declaration is intended to justify this growth and the centralization of power that goes with it. The document will almost certainly be agreed by your governments because, frankly, this is where the momentum and money are.

Whilst the Declaration’s thirteen pages are all over the place in terms of reality and farce, they are not atypical of recent UN output. People are trained to use trigger words, slogans, and propaganda themes (e.g., “equity,” “empowerment of all women and girls,” “access to education,” “technology transfer hubs”) that no one could oppose without risking being labeled a denier, far-right, or colonialist.

The Declaration should be read in the context of what these institutions, and their staff, have just done. It is difficult to summarize such a compendium of right-speak intended to veil reality, but it is hoped this short summary will prompt some thought. Wickedness is not a mistake but an intended deception, so we need to distinguish these clearly.

Doing Darkness Behind a Veil of Light

Put together, the following two extracts summarize the internal contradiction of the Declaration’s agenda and its staggering shamelessness and lack of empathy:

“In this regard, we:

PP3: Recognize also the need to tackle health inequities and inequalities, within and among countries, …

PP5: “Recognize that the illness, death, socio-economic disruption and devastation caused by the COVID-19 pandemic, …”

‘Recognition’ of devastation is important. SARS-COV-2 was associated with mortality predominantly within wealthy countries, where the median age of Covid-associated death was between 75 and 85 years. Nearly all of these people had significant comorbidities such as obesity and diabetes, meaning their life expectancy was already restricted. People contributing significantly to economic health were at very low risk, a profile known in early 2020.

These three years of socio-economic devastation must, therefore, be overwhelmingly due to the response. The virus did not starve people, as the Declaration’s writers would like us to believe. Deteriorating disease control was predicted by the WHO and others in early 2020, increasing malaria, tuberculosis, HIV/AIDS, and malnutrition. Economic disruption in low-income countries specifically results in more infant and child deaths.

In Western countries, adult mortality has risen as expected when screening for cancer and heart disease are reduced and poverty and stress increase. Knowing this, the WHO advised in late 2019 to ”not under any circumstances” impose the lockdown-like measures for pandemic influenza. In early 2020, under the influence of their sponsors, they advocated for them for Covid-19. The Declaration, however, carries no note of contrition or repentance.

Undeterred by incongruity, the Declaration goes on to describe Covid-19 as “one of the greatest challenges” in UN history (PP6), noting that somehow this outbreak resulted in “exacerbation of poverty in all its forms and dimensions, including extreme poverty…”. In fact, it acknowledges that this caused:

“… (a) negative impact on equity, human and economic development across all spheres of society, as well as on global humanitarian needs, gender equality and the empowerment of all women and girls, the enjoyment of human rights, livelihoods, food security and nutrition, education, its disruption to economies, supply chains, trade, societies and the environment, within and among countries, which is reversing hard-won development gains and hampering progress…” (PP6)

To restate the obvious, this does not happen due to a virus targeting sick elderly people. It occurs when children and productive adults are barred from school, work, healthcare, and participation in markets for goods and services. Economic, social, and health catastrophe inevitably results, disproportionately harming poorer people and low-income countries, conveniently far indeed from the halls of Geneva and New York.

No, we were not all in this together.

Not all were negatively impacted by this catastrophe. People and corporations who sponsor much of the WHO’s health emergency work, and that of its sister organizations such as CEPI, Gavi, and Unitaid, did very well from the policies they advocated so strongly for. Software and Pharma companies made unprecedently high profits, while this mass impoverishment played out. The international agencies have also gained; construction and recruitment are strong in Geneva. Philanthro-capitalism is good for some.

The main aim of the Declaration is to back the proposed WHO international health regulation (IHR) amendments and treaty (PP26), key to ensuring that viral outbreaks that have such a small impact can remain highly profitable. An additional $10 billion per year in new financing is requested to support this (PP29). There is a reason why most countries have laws against scams. The UN and its agencies, fortunately for its staff, are outside of any national jurisdiction.

Based on their sponsors’ assessments, the staff of these agencies are doing their job well. For the rest of humanity, their work is an unmitigated disaster. In 2019 they said never lock down, then spent 2020 defending top-down lockdowns and mandates. For three years, they theatrically pretended that decades of knowledge on immunity, disease burden, and the association of poverty with mortality did not exist.

Now they write this UN Declaration to fund their industry further through taxpayers they so recently impoverished. Once tasked to serve the world’s vast populations, particularly the poor and vulnerable, the UN vision has been consumed by public-private partnerships, the allure of Davos, and a fascination with high-net-worth individuals.

When Words are Used to Obscure Actions

While the Declaration underlines the importance of educating children during pandemics (PP23), these same organizations backed school closures for hundreds of millions of children at minimal risk from Covid-19. Among them, several million more girls are now being farmed off to nightly rape as child brides, others in child labor. Women and girls were disproportionately removed from education and from employment. They weren’t asked if they supported these policies!

The girls are being raped because the people paid to implement these policies did so. They know the contradiction, and the harm. But this is a job like many others. The only unusual aspects, from a business standpoint, are the sheer amorality and lack of empathy that must be engaged to excel in it.

To justify wrecking African children’s lives, the UN claims that the continent has “over 100 major public health emergencies annually” (OP4). Africa has a rising burden of endemic diseases that dwarfs mortality from such outbreaks – over half a million children die every year from malaria (increased through the Covid-19 lockdowns) and similar burdens from tuberculosis and HIV. By contrast, total Covid-19 deaths recorded in Africa over the past 3 years are just 256,000. The 2015 West African Ebola outbreak, the largest such recent emergency pre-Covid, killed 11,300 people. MERS and SARS1 killed less than 1,000 each globally. However, induced poverty does cause famine, raises child mortality, and wrecks health systems – is this the health emergency that the UN is referring to? Or are they simply making things up?

Through the IHR amendments, these agencies will coordinate the locking down, border closures, mandated medical examinations, and vaccination of you and your family. Their Pharma sponsors reasonably expect to make several hundred billion more dollars from these actions, so we can be confident that emergencies will be declared. By claiming 100 such events annually in Africa alone, they are signaling how these new powers will be used. We are to believe the world is such that only the abandonment of our rights and sovereignty, for the enrichment of others, can save us.

The UN and the WHO do recognize that some will question this illogic. In PP35, they characterize such skepticism as:

“health-related misinformation, disinformation, hate speech and stigmatization.”

The WHO recently publicly characterized people who discuss adverse effects of Covid vaccines and question WHO policies as “far-right,” “anti-science aggressors,” and “a killing force.” This is unhinged. It is the denigration and hate speech that fascist regimes use. The reader must decide whether such an organization should control their freedom of expression and decide what constitutes truth.

It is not helpful here to give details of all 13 pages of right-speak, contradiction, and fallacy. You will find similar rhetoric in other UN and WHO documents, particularly on pandemic preparedness. Straight talk is contrary to business requirements. However, the first paragraph in the Declaration’s ‘Call to Action’ sets the tone:

“We therefore commit to scale up our efforts to strengthen pandemic prevention, preparedness and response and further implement the following actions and express our strong resolve to:

OP1. Strengthen regional and international cooperation, multilateralism, global solidarity, coordination and governance at the highest political levels and across all relevant sectors, with the determination to overcome inequities and ensure the sustainable, affordable, fair, equitable, effective, efficient and timely access to medical countermeasures including vaccines, diagnostics, therapeutics and other health products to ensure high-level attention through a multisectoral approach to prevent, prepare for and respond to pandemics and other health emergencies, particularly in developing countries;”

There are 48 more. You paid taxes so that someone could write that!

Those millions of girls suffering at night, the hundreds of millions of children who had their futures stolen, the mothers of those malaria-killed children, and all suffering under the increasing burden of poverty and inequality unleashed by this farce are watching. The Declaration, like the WHO IHR and treaty it supports, awaits the signatures of the governments that purport to represent us.

David Bell, Senior Scholar at Brownstone Institute, is a public health physician and biotech consultant in global health. He is a former medical officer and scientist at the World Health Organization (WHO), Programme Head for malaria and febrile diseases at the Foundation for Innovative New Diagnostics (FIND) in Geneva, Switzerland, and Director of Global Health Technologies at Intellectual Ventures Global Good Fund in Bellevue, WA, USA.

September 16, 2023 Posted by | Civil Liberties, Corruption, Deception, Economics, Full Spectrum Dominance | , , , , | Leave a comment

Hungary explains what might force West to want peace in Ukraine

RT | September 16, 2023

European nations might eventually forgo their support for Kiev’s military efforts in the ongoing conflict with Russia due to their own economic hardships, Hungarian Prime Minister Viktor Orban told nationwide Kossuth Radio on Friday.

The conflict that has lasted for more than a year and a half is affecting the European economy, which “will not be like we want it to be” for as long as it goes on, Orban told the radio’s ‘Good Morning, Hungary!’ show. Yet, “war supporters are in the overwhelming majority” among EU governments, he pointed out.

If there is something that might force European capitals to reconsider their position on the conflict, it is the further deterioration of the economic situation on the continent, the prime minister believes. Most people in Europe already share Hungary’s position on the issue, which is anti-war, he claimed. Economic setbacks could force these people to “exert pressure” on their governments, he added.

“Deterioration of the economic situation in the West will force countries to stand up for peace,” Orban said.

According to the Hungarian prime minister, the outcome of next year’s US presidential elections might also heavily affect the West’s general position on the issue. “There are two possibilities: … the presidential candidates will either support the war or announce the end of the war,” he said.

Orban said he believes that a US president is fairly capable of “putting an end” to the conflict. That does not mean that Europe should just “wait for a fairy to end the war with a magic wand,” he added.

The prime minister criticized the European approach to the conflict so far by saying that “181 billion of European money” has been spent on supporting Kiev but “we have not come any closer to peace.” It is unclear if he referred to dollars or euros.

According to Ukraine Support Tracker data regularly published by Germany’s Kiel Institute for the World Economy, the EU institutions and EU nations together pledged a total of €131.9 billion ($139.8) for Ukraine between January 2022 and July 2023.

The UK, Norway and Switzerland, which are not part of the EU, together pledged an additional €23.31 billion ($24.8 billion) over the same period, bringing the total amount of European commitments to €155.21 billion ($165.66), data provided by the Kiel Institute showed.

Viktor Orban has long maintained that the West was making a mistake by pursuing military confrontation with Russia in Ukraine. He has repeatedly stated that there could be no military solution to the conflict, adding that the US and its allies need to stop arming Kiev and seek peace with Russia instead.

September 16, 2023 Posted by | Economics, Militarism | , , | Leave a comment

OPEC rejects IEA’s forecasts about fossil fuels use

Press TV – September 14, 2023

The Organization of the Petroleum Exporting Countries (OPEC) has rejected projections by the International Energy Agency’s (IEA) suggesting that the global consumption of fossil fuels will peak in 2030 before dropping to record lows because of an increase in the use of the renewables.

OPEC Secretary General Haitham Al Ghais said in a statement issued on Thursday that the IEA’s recent forecast about the decline in the use of fossil fuels in the next decade would only worsen the situation in international energy markets.

“It would lead to energy chaos on a potentially unprecedented scale, with dire consequences for economies and billions of people across the world,” said the statement.

In an article in the Financial Times published on Tuesday, IEA Executive Director Fatih Birol said estimates by the Agency shows that the age of growth in use of fossil fuels “is set to come to an end this decade.”

“This is the first time that a peak in demand is visible for each fuel this decade — earlier than many people anticipated,” Birol said in the opinion piece, adding that demand for the three fossil fuels, namely coal, oil and natural gas, is set to hit a peak in the coming years.

However, the OPEC statement called the forecasted decline “dangerous”, saying such statements normally lead to calls to stop new oil and gas investments.

“Such narratives only set the global energy system up to fail spectacularly,” said Al Ghais, adding that some 80% of the world’s energy mix still comes from fossil fuels, the same as three decades ago.

The OPEC chief said that IEA’s estimates had failed to consider the technological progress that has taken place in the oil and gas industry to cut emissions.

September 16, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | Leave a comment

Washington threatens further sanctions on Iraq if ‘misuse of dollars’ not addressed

The Cradle | September 15, 2023

An official from the US Treasury Department has urged Iraq to “address continued risks of the misuse of dollars” by commercial banks to avoid a new round of sanctions targeting the war-torn country’s battered financial sector.

Although nearly a third of Iraq’s 72 banks are now banned from facilitating dollar transactions due to unilateral US measures, a Treasury official who spoke anonymously with Reuters on 14 September said Iraqi banks were still operating with risks “that must be remediated.”

In July, Washington blacklisted 14 commercial banks accused of facilitating US dollar transactions to Iran, a country Washington seeks to strangulate economically.

The unilateral measures led to increased demand for the greenback on the black market and damaged the exchange rate of the dinar.

With more than $100 billion in reserves held by US banks, Baghdad heavily relies on US authorities’ goodwill to ensure its economy doesn’t collapse entirely. Furthermore, since 2003, all Iraqi oil revenues have been paid into an account with the US Federal Reserve, allowing Washington to control the Iraqi economy and pressure its government.

The warning from Washington came on the heels of a visit by US Assistant Treasury Secretary Elizabeth Rosenberg to Baghdad this week, where she met with the Governor of the Central Bank of Iraq (CBI), Ali al-Alaq. The two discussed “bilateral relations and measures taken by the bank to fight money laundering and terrorist financing,” according to a statement released by the US Treasury.

Since 2022, the CBI has enforced tighter regulations under US pressure to ensure dollars do not reach Iran. Bank clients wishing to transfer dollar funds must apply through an online platform and provide detailed information on end recipients before a transfer is approved.

July’s sanctions were the latest effort by Washington to coercively intervene in Iraq’s economy, to the detriment of the country the US army illegally invaded and occupied in 2003. US efforts include blocking Iraqi payments for Iranian natural gas, which has led to power blackouts amid Iraq’s blistering hot summer.

September 15, 2023 Posted by | Economics, Wars for Israel | , , | Leave a comment

China announces massive cross-border project with Russia

RT | September 15, 2023

China’s Xuanyuan Group Industrial Development plans to build a massive logistics hub in the Amur Region in Russia’s Far East, as freight turnover between the two countries has more than doubled over the past year, the group’s CEO, Hailong Xue, has told RT.

The project is one of several deals the Chinese industrial group has clinched with Russian investors on the sidelines of the Eastern Economic Forum in Vladivostok, and will offer equal opportunities for Russian and Chinese companies to participate in it.

The hub will be located between the city of Tongjiang in China’s Heilongjiang province and the town of Nizhneleninskoye and is designed to facilitate Russia-China cargo transfers.

“The location of this hub is very important as it will be right between our borders. There is a narrow stretch between our frontiers which makes cargo transfer rather problematic. But, with our project, we estimate that freight transportation will reach 10 million tons annually,” Hailong said. He expects cargo traffic between Russia and China to increase fourfold in the next few years.

According to the Xuanyuan Group CEO, the project envisages the construction of a terminal for storage and transportation of hazardous and nonhazardous goods, such as liquefied natural gas (LNG), liquefied petroleum gas (LPG), aviation fuel, helium, and other technological goods.

Hailong revealed that the estimated cost of the project will be between $600 and $700 million, with the launch of the cargo terminal scheduled for 2027.

September 15, 2023 Posted by | Economics | , | Leave a comment

EU has ‘globalized’ Ukraine crisis – Hungary

RT | September 14, 2023

The European Union’s response to the Ukraine crisis is causing the world to fragment, Hungarian Foreign Minister Peter Szijjarto has claimed. He added that Budapest wants to see initiatives that can unify states, such as China’s Belt and Road Initiative (BRI).

The EU “has given a very bad answer to the war in Ukraine that unfortunately seems to be ending up in a world being divided into blocs again,” the Hungarian diplomat told CNBC on the sidelines of the Belt and Road summit in Hong Kong.

Brussels “should have isolated this war, but instead of that the EU has globalized” it, he said in the interview broadcast on Wednesday.

Szijjarto argued that a lack of communication between opposing countries has led to them giving up on achieving peace, while states that benefit from good East-West relations – such as Hungary – have been hurt economically.

The minister contrasted this to how the BRI aims to bring the world together for mutual prosperity and security, which is why Hungary welcomes China’s presence.

He criticized rich Western European nations who are now talking about decoupling from the Chinese economy or “derisking” due to political concerns. Quietly, they seek Chinese investment just like small nations, Szijjarto said.

“They can be hypocritical, they can afford [it],” he argued.

Unlike those countries, Budapest states its foreign policy openly, the diplomat said, warning that if ‘decoupling’ with China were to succeed, it would “kill the European economy.”

The Hungarian government has been a vocal critic of the Western response to the Ukrainian conflict since its outset. It has called for peace talks, while speaking out against sanctioning Russia and arming Ukraine. Most EU nations, following in the US lead, have pledged to support Kiev for “as long as it takes” to defeat Moscow.

September 14, 2023 Posted by | Economics, Russophobia | , , , | Leave a comment

China releases ‘blueprint’ for integrating with Taiwan

RT | September 13, 2023

The Chinese Communist Party (CCP) has pitched an economic-integration plan for Taiwan, while at the same time deploying a historically large fleet of warships and aircraft surrounding the self-governing island.

Released on Tuesday by the CCP’s Central Committee and Beijing’s State Council, the proposal was touted as a “blueprint” for Taiwan’s future development. Under the plan, the coastal province of Fujian would become a “demonstration zone” for the integrated development of Taiwan.

The proposal calls for allowing Taiwanese residents to live, work, and study on the mainland, initially in Fujian. Taiwanese businesses would also be allowed to hang a shingle in the neighboring province and would be encouraged to list their shares on Chinese stock exchanges.

Tensions in the Taiwan Strait have escalated in recent years amid rising concerns that China will attack the island. Washington has ramped up weapons sales to Taipei, and US politicians have made controversial visits to the island. China, which claims sovereignty over Taiwan, has vowed to reunify with the breakaway province – by force if necessary. Only 13 nations recognize Taiwan as a sovereign country.

“Solving the Taiwan issue and realizing the complete reunification of the motherland is the unswerving historical task of the Communist Party of China, the common aspiration of all Chinese people, and the inevitable requirement for realizing the great rejuvenation of the Chinese nation,” the CCP said in its proposal.

Taiwanese MP Wang Ting-yu, a member of the island’s ruling Democratic Progressive Party, called the integration blueprint “ridiculous.” Speaking in a video message on Wednesday, he said, “China should think about how it can take care of its bad debts, but not how it can conduct united-front work against Taiwan.”

Dozens of Chinese military planes and warships, including an aircraft carrier, were deployed in the Taiwan Strait this week. The display of military might was reportedly one of Beijing’s largest in recent years.

September 13, 2023 Posted by | Economics | | Leave a comment

The Elites Directing The Energy Transition Really Have No Idea What They Are Doing

By Francis Menton | Manhattan Contrarian | September 06, 2023

We are on our way to Net Zero by 2050. It must be true because everybody says so. The entire $6+ trillion per year federal government is committed to the project, which obviously would not be the case if the whole thing were impossible. Equally fully committed are essentially all of the colleges and universities, where all of the smartest people are to be found. As well as every other elite institution of every kind and sort.

Take the World Economic Forum. If there is a number one elitest among all elite institutions, this has to be it. At their annual confab in Davos, Switzerland, they gather the greatest of geniuses to instruct the very top government and business leaders how to run the world. Would you like to go? It will cost you $52,000 to join the organization, and then an additional $19,000 to attend the conference. Chartering a private jet to get you there will cost thousands more. Once there, you can hear the very smartest people imparting their thoughts on the most important topics of the day, like “The Great Reset,” “Emerging Technologies,” “Diversity and Inclusions,” and, of course, “The Net Zero Transition.”

Is it possible that these people are completely incompetent and have no idea what they are doing?

A reader has sent me the very latest from the WEF on how the world is going to get to Net Zero. The piece has a date of September 5, 2023, and is titled “How battery energy storage can power us to Net Zero.” The authors are three people from the World Bank, with the lead author being one Amit Jain, who is the Bank’s Energy Storage Program Lead. This is the guy on the receiving end of tens of billions of dollars of government money to pass out to make the energy transition happen throughout the developing world.

Now, it so happens that energy storage is something I know a little about, and in particular about the problem of trying to store enough energy to make an electrical grid work without full dispatchable backup. See my energy storage Report, dated December 1, 2022, at this link.

So let’s take a look at Jain, et al.’s, take on how battery storage will “power us to Net Zero.” First, some excited happy talk:

Across the globe, power systems are experiencing a period of unprecedented change. Low-cost renewable electricity is spreading and there is a growing urgency to boost power system resilience and enhance digitalization. This requires stockpiling renewable energy on a massive scale, notably in developing countries, which makes energy storage fundamental. . . .

Making energy storage systems mainstream in the developing world will be a game changer. Deploying battery energy storage systems will provide more comprehensive access to electricity while enabling much greater use of renewable energy, ultimately helping the world meet its Net Zero decarbonization targets. International organizations and development institutions are leading the way forward to enable this decarbonization. . . .

So OK Amit, how much storage are we talking about here?

In 2022, approximately 192GW (gigawatts) of solar and 75GW of wind were installed globally. However, only 16GW/35GWh (gigawatts per hour) of new storage systems were deployed. A recent International Energy Agency analysis finds that although battery energy storage systems have seen strong growth in recent years, grid-scale storage capacity still needs to be scaled up to reach Net Zero Emissions by 2050. . . . To meet our Net Zero ambitions of 2050, annual additions of grid-scale battery energy storage globally must rise to an average of 80 GW annually between now and 2030.

Holy underwear, Batman! Could this guy really not even know what units he’s talking about? Thinking his readers might not understand the abbreviation “GWh” he helpfully defines it as “gigawatts per hour”! Could he really be this clueless? And he had two co-authors to check him!

And then there’s the statement that to meet the 2050 Net Zero ambition, annual deployments of grid-scale batteries “must rise to an average of 80 GW annually.” Of course he is using the wrong units (and undoubtedly does not know that). But let’s give him the benefit of the doubt, and assume that he is talking about the standard batteries available today, which are 4 hour batteries, meaning that 80 GW would provide 320 GWh of storage. If the world would add that much capacity every year from now to 2050, that would come to 8,960 GWh of storage. How have Mr. Jain et al. come to the conclusion that this 8,960 GWh of storage will be enough to “meet our Net Zero ambitions of 2050”? The piece contains no quantitative analysis or backup of any kind to support the proposition that this amount of storage would be sufficient.

My own energy storage Report does contain backup and calculations, although only for certain countries rather than for the whole world. For example, for the United States, the figures cited in my Report are that it would take some 233,000 GWh of battery storage to fully back up the electrical grid, assuming current levels and patterns of usage. Since the U.S. is about 4% of world population, we can multiply that figure by 25 to get the storage requirement for the world (assuming that the world electrifies to the U.S. level by 2050). The total would be 5,825,000 GWh. In other words, Jain, et al., are off by a factor of about 650, give or take maybe a few hundred.

But it’s OK, because Jain and his colleagues have no skin in this game. They just babble some happy talk to get their hands on a few hundred billions of money from rich governments, and pass it out to build impressive-looking battery projects that are actually next to useless to provide reliable grid electricity. They can be very confident that no one in their circles will ever check the math to see if the numbers add up. When 2050 rolls around and the whole thing doesn’t work, they will be long retired on generous pensions.

September 13, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , | Leave a comment

After spending tens of billions on Ukraine and migrants, Scholz laughs when asked why elderly receive no pension inflation bonus

BY JOHN CODY | REMIX NEWS | SEPTEMBER 12, 2023

German leader, Chancellor Olaf Scholz, laughed off the possibility of providing seniors with a pension inflation bonus, telling an audience that the cost is far too great. The claim that the costs are too great to support seniors on meager pensions follows unprecedented spending from Germany’s left-wing government on weapons for Ukraine and social benefits for migrants.

As poverty rises in Germany, seniors on fixed pensions, known as “Rentner” and “Rentnerinnen,” have been hit especially hard. There are different categories of pensions in Germany, with those earning a higher pension, such as doctors and professors, receiving a far higher sum than those in the “Rentner” class. Those receiving smaller pensions, which totals millions of German seniors, are more acutely affected as rising costs for food, housing and energy eat into their income at a far faster rate.

More and more people are therefore demanding an inflation bonus for this vulnerable group totaling €3,000. Federal Chancellor Olaf Scholz had not yet commented on these demands, but finally addressed the topic for the first time at a citizens’ dialogue in Bendorf in Rhineland-Palatinate. When asked about an inflation bonus for pensioners, the chancellor reportedly laughed. He then said: “Well, multiply the number of millions of pensioners by 3,000 – and then sit down very slowly. That’s quite a sum of money.”

Approximately 4.5 million seniors in the “Rentner” category survive on €1,500 a month.

Germany spends tens of billions on Ukraine, migrants, and climate protection in India

As of March 2023, Germany has sent Ukraine at least €14 billion in weapons and aid shipments, which was six months ago. Since then, that figure has risen to €22 billion and is only expected to rise over time. It must also be noted that due to sanctions on Russia, which is tied to the war in Ukraine, there has been an enormous increase in the cost of energy in Germany, which has not only eaten into the pocketbooks of households but also led to an increase in bankruptcies and a recession in Germany.

In addition, the German federal government plans to spend €36 billion on migrants in 2023, which includes housing, social benefits, and education, but that figure is likely a lowball estimate, as there are numerous hidden costs as well, such as millions more spent for police and security at German swimming pools to protect against migrant assaults and sexual violence.

The German government also proudly announced that India will receive €10 billion over the next 10 years on its own website, writing: “With the new Indo-German Partnership for Green and Sustainable Development signed by Prime Minister Modi and Chancellor Scholz at the 6th Indo-German Intergovernmental Consultations in Berlin on 2 May 2022, this cooperation has been uplifted to a new level, with Germany announcing to provide additional funds of Euro 10 billion for the next 10 years.”

India just sent its first space probe to the Moon, a feat Germany still has not accomplished.

In addition, some critics online have joked that “retirement at 30” in the form of welfare payments, known as “a citizen’s income” was just raised by approximately €50 billion.

In short, the funds are theoretically there for seniors, they are just going to other priorities. At present, Germany’s booming elderly population is suffering from poverty at a high rate. Federal government data published under a request from several Alternative for Germany (AfD) lawmakers revealed that 28.1 percent of the German elderly are at risk of poverty, a figure that is higher than the EU average of 27.4 percent and far greater than its Western European neighbors of France (19.1 percent), Belgium (17.4 percent), and Luxembourg (9.3 percent).

September 13, 2023 Posted by | Economics | | Leave a comment