Aletho News

ΑΛΗΘΩΣ

Iran FM: China visit marks ‘new chapter’ in strategic ties, heralds ‘golden’ era

Press TV – December 27, 2024

Iran’s Foreign Minister Abbas Araghchi says his visit to China will open a “new chapter” in strategic cooperation between the two countries and herald a “golden” era for bilateral relations.

Araghchi made the remarks in an article published by China’s official People’s Daily newspaper on Friday, on the day that he was to head to Beijing at the invitation of his Chinese counterpart, Wang Yi.

“The next golden 50 years of Iran-China relations will demonstrate that this visit marks the beginning of a new chapter of strategic cooperation between the two countries,” he wrote.

The top Iranian diplomat also noted that Iran and China have long engaged in “practical cooperation” to promote multilateralism and develop indigenous values, adding that both sides have defended each other’s fundamental interests in international forums.

He also hailed “pragmatic” Iran-China ties, citing close political and defense coordination, exchange of high-level delegations, as well as cooperation in the Belt and Road Initiative (BRI), the Shanghai Cooperation Organization (SCO), the BRICS group of emerging economies, and the Beijing-brokered deal between Iran and Saudi Arabia in March 2023.

“Iran and China share common interests and concerns not only at bilateral and regional levels, but also at the trans-regional and international levels,” he emphasized.

“While firmly believing in the significance of multilateralism and the benefits of joint cooperation towards the prosperity of human society, both countries keep cooperating closely in multilateral mechanisms, including the SCO and the BRICS.”

China is Iran’s largest trade partner. Both states are subject to different levels of illegal sanctions imposed by the US.

The two countries signed the long-term strategic partnership deal in March 2021 to reinforce their long-standing economic and political alliance.

In his article, Araghchi said that West Asia is facing numerous challenges, the core of which is the Palestine issue.

The humanitarian crisis in Gaza, caused by the Israeli genocide and supported by some world powers, has been exacerbated by the inaction of the international community and irresponsible behavior of some parties, he noted.

Iran and China believe that an immediate ceasefire in Gaza and the delivery of humanitarian aid are now the most important priorities, he said.

The Iranian foreign minister further referred to the recent developments in Syria, urging respect for the country’s unity, national sovereignty, and territorial integrity.

Tehran, he pointed out, believes that the Syrian people should decide the future of their country without destructive intervention or external imposition.

“We are witnessing unprecedented changes in the world that have simultaneously created complex “opportunities” and “challenges” and put countries at a historical crossroad, where they must choose between confrontation/cooperation, exclusion/inclusion, closeness/openness, chaos/peace,” he said.

“Some states are trying to restrict and force others to choose their desired values ​​and interests by distorting the facts, falsely dividing the world into democratic and non-democratic, and resorting to sanctions, pressure and double standards. However, Iran and China will always stand on the right side of history and by the side of development, prosperity, cooperation, and friendship between the countries of the Global South in a bid to counter unilateralism and bullying.”

December 27, 2024 Posted by | Economics, Ethnic Cleansing, Racism, Zionism | , , , , | Leave a comment

The worst enemy of the US is the US itself, Chinese defense ministry criticizes latest US NDAA

Global Times | December 26, 2024

The US National Defense Authorization Act (NDAA) played up the alleged “China military threat” as an excuse to increase US military spending and maintain its hegemony. This grossly interferes with China’s internal affairs and undermines world peace and stability. We are strongly dissatisfied with it and firmly oppose it, Zhang Xiaogang, a spokesperson for China’s Ministry of National Defense, said on Thursday.

Zhang made the remarks in response to questions on US National Defense Authorization Act (NDAA) for fiscal year 2025, which announced a defense budget of up to $895 billion for the next fiscal year and identified China as one of the major challenges to the US national security. Some analysts suggest that the introduction of this Act reflects the deep anxiety of the US about its own strengths.

Zhang said that China has no intention to challenge any country. In fact, the worst enemy of the US is the US itself. US military expenditure has already topped the world for long, which is still increasing rapidly year by year. This fully exposes the belligerent nature of the US and its obsession with hegemony and expansion.

It’s clear to all that many current wars and conflicts are a result of US policy failures. The wars and military operations launched by the US since 2001 have caused more than hundreds of thousands of deaths and millions of injuries, and displaced tens of millions of people. The US’s abuse of force not only brings harm to the world, but also accelerates its own decline, said Zhang.

Our planet is big enough for both China and the US to develop individually and collectively. China remains committed to the path of peaceful development and a defense policy that is defensive in nature, Zhang said.

We do not engage in any arms race with any other country, and always serve as a defender for world peace. We urge the US side to abandon Cold-war mentality and zero-sum mindset, and get rid of its obsessive delusion of containing and outcompeting China, so as not to undermine the bilateral and mil-to-mil relations between China and the US, said Zhang.

With stronger capacities and more reliable methods, the Chinese military will take resolute countermeasures against any infringements and provocations to safeguard national sovereignty, security and development interests, Zhang said.

At the press conference, Zhang also commented on reports that the US Space Force (USSF) has activated a unit in Japan and in the inaugural ceremony, the first commander stated that the unit in Japan aims to strengthen space surveillance and response capabilities in the region, in response to the growing military use of space by China and Russia, as well as North Korea’s advancements in nuclear and missile development.

Zhang said that the US continues to expand its space military power, strengthen space military alliances, and provoke a space arms race, endangering global strategic stability.

China consistently advocates for the peaceful use of space and opposes the weaponization and militarization of space. We urge the US to seriously reconsider its dangerous actions in space, stop provocations that lead to space confrontation, and stop spreading false narratives, so that it can contribute to maintaining lasting peace and security in space, said Zhang.

December 27, 2024 Posted by | Economics, Militarism | , | Leave a comment

Panic in global metals markets as China rare earth export bans close brokerage hubs

Inside China Business | December 26, 2024

China has tightened its export bans on materials with military applications. Its customs office is approving sales only to well-known end users, and for non-military use only. China also has successfully closed off access to its markets by brokers and resellers. These hubs in Hong Kong, Tokyo, New York, and London report being unable to procure any metals in 2024. The Chinese bans are pushing metals prices violently higher, and causing panic across defense sectors where these materials are vital for aerospace, ballistics, and munitions. US miners are reluctant to invest in new production, arguing that China could simply relax restrictions in the future and prices would fall below their cost of production. But industry insiders admit that any production in North America and Europe would fall far short of demand, and would take years to come online.

Resources and links:

Substack, for video transcript and direct links https://open.substack.com/pub/kdwalms…

Bloomberg, Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown https://www.bloomberg.com/news/articl…

Yahoo! Finance, Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown (Abridged, non-paywalled) https://finance.yahoo.com/news/tiny-v…

China Dials Up US Trade Tension With Tit-for-Tat Metals Ban https://www.bloomberg.com/news/articl…

Bloomberg, China Sets Precedent by Banning Others From Selling Goods to US https://www.bloomberg.com/news/articl…

De-risking Gallium Supply Chains: The National Security Case for Eroding China’s Critical Mineral Dominance https://www.csis.org/analysis/de-risk…

Reuters Explainer : What is ‘FDPR’ and why is the U.S. using it to cripple China’s tech sector? https://www.reuters.com/technology/wh…

December 26, 2024 Posted by | Economics, Militarism | , | Leave a comment

European countries fear losing reliable Russian gas as Zelensky remains stubborn

By Ahmed Adel | December 26, 2024

The contract for the transit of Russian gas through Ukraine is just days away from expiring, but several European countries, including Hungary, Austria and Slovakia, seek to extend critical supplies. This agreement is necessary for Central Europe since there are few replacement options.

Major Central European gas companies have signed a statement calling for the continuation of transit. These include Slovakia’s SPP, its gas network operator Eustream, Hungary’s MOL Hungarian Oil and Gas Plc and MVM Group, as well as trade associations and major industrial customers from Hungary, Austria, Italy and Slovakia, Bloomberg reports.

“We will present the declaration to the President of the European Commission, Ursula von der Leyen, so that she has first-hand information about the threat to energy and economic security in our region,” SPP Chairman of the Board and Chief Executive Officer Vojtech Ferencz said.

Russia’s share of Hungary’s gas imports is 47%, while Slovakia’s is almost 90%. Austria also received 97% of its gas imports from Gazprom in January 2024. Economists attribute this high dependence to infrastructure and long-term contracts. Nord Stream, Yamal and transit pipelines through Ukraine provide uninterrupted direct supplies, and long-term agreements ensure the predictability of gas supplies.

Geography is also a tangible factor in this situation. Hungary, Austria, and Slovakia are landlocked, so access to liquefied natural gas (LNG) is difficult. Any other means of supply would raise tariffs and result in discontent among the population. This means alternative supplies can only be obtained through intermediaries, which is much more expensive. For example, the price of LNG is several times higher this way for these countries.

The countries mentioned, Gazprom’s main customers in Europe, have built their energy policies around reliable supplies from Russia for many years.

Many observers believe that Austria, Hungary and Slovakia have little to rely on. Traditional gas sources for Europe—Norway, Algeria, and Azerbaijan—are unable to cover the volume of imports needed. Together, they are ready to supply up to 45 billion cubic meters a year, which would create a deficit of about 15 billion cubic meters in the markets of individual EU countries. Experts predict that these European countries could turn to the Balkan Stream pipeline. However, its capacity fully occupies the Balkan countries.

In this context, Brussels is categorical and unwilling to budge from its stubborn position. Reuters quoted a representative of the European Commission as saying that the regulator has taken an unequivocal position.

“The Commission does not support any discussions on the contract extension nor other solutions to maintain transit flows and has not been involved in any kind of negotiations on this,” the spokesperson said.

It is recalled that the current agreement on the transit of Russian gas to Europe via Ukraine expires on December 31, 2024. The Kiev regime has repeatedly said they do not plan to extend the agreement. On December 19, Russian President Vladimir Putin confirmed during a press conference that there would be no new contract for the transit of gas through that European country.

Europe faces a new energy crisis due to the decrease in gas reserves, the arrival of cold weather and sanctions imposed by the United States against the Russian bank Gazprombank, which handled payment transactions for importers of Russian fuel. Fuel prices have already risen by 45% during 2024.

At the same time, stocks are rapidly declining due to the cold, resulting in increased demand. According to Bloomberg, in the second quarter of 2025, during the warm season when gas typically becomes cheap enough to fill tanks, prices could be higher than in the third quarter.

Meanwhile, Russian Deputy Prime Minister Alexander Novak said that Russia exported “around 50 billion cubic meters of gas in the first 11 months – despite all the statements and pressure from sanctions – because it is a very ecological product, it is in demand, and Russian gas is the most advantageous in terms of supply logistics and price.”

He said that Russia’s LNG exports will amount to 33 million tons by the end of 2024, adding that gas reserves in European storage facilities are currently 3-5% lower than in the past five years.

The EU has damaged its economy by refusing to cooperate with Moscow, as evidenced by the decline in production, bankruptcies and recession in the bloc countries. Russia has not denied any country the supply of its energy resources even when the European Union expected the country to collapse without energy revenue.

However, Brussels insists on a complete break with the Russian energy sector and the definitive rejection of energy from Russia in favor of more expensive alternative supplies, especially from the United States, and this will only hurt many European countries, particularly those in landlocked Central Europe.

Ahmed Adel is a Cairo-based geopolitics and political economy researcher.

December 26, 2024 Posted by | Economics | , , , , | Leave a comment

Russia to launch new gas pipeline to China – deputy PM

RT | December 25, 2024

Russia has begun developing a new gas pipeline to China via Kazakhstan that will have a planned annual capacity of 45 billion cubic meters (bcm), Deputy Prime Minister Aleksandr Novak told the broadcaster Russia 24 on Wednesday.

China will receive 35 bcm of gas per year via the conduit, while the remainder will go to Kazakhstan.

The official highlighted the project’s strategic importance during discussions on bilateral energy cooperation.

“The process has been launched,” Novak said, adding that it includes technical and economic feasibility studies and negotiations to finalize the framework of the agreement.

As part of the deal, Kazakhstan, which will host part of the pipeline’s infrastructure, is set to receive up to 10 bcm of gas annually.

Kazakh Energy Minister Almasadam Satkaliyev confirmed the country’s interest in the project, emphasizing its benefits for the country’s energy supply. “Kazakhstan fully supports this project [that] will [supply] our northern regions,” he told journalists on Tuesday.

China is Russia’s biggest trade partner and the economic cooperation between the two nations has been steadily increasing despite unprecedented Western sanctions on Moscow. Bilateral turnover is expected to surpass $200 billion by the end of the year, Russian Ambassador to China Igor Morgulov said back in October.

Russian energy major Gazprom reported a new daily record for gas deliveries to China via the Power of Siberia pipeline earlier this month. Under a bilateral agreement, Russia will supply 38 bcm of gas annually to the Asian country via the pipeline starting in 2025.

December 25, 2024 Posted by | Economics | , , | Leave a comment

Hungary to Maintain Energy Ties With Russia As No ‘Better Offer’ Exists

Sputnik – 23.12.2024

Hungary does not intend to abandon its energy cooperation with Russia in the absence of a cheaper and more reliable alternative, Hungarian Foreign Minister Peter Szijjarto told RIA Novosti.

“Russia has been a reliable partner for us when it comes to energy supplies, that’s a fact, and in such serious issues like energy security, you only change your reliable source in case you have a better offer. But we don’t have a better offer, we don’t have an offer for more reliable or cheaper neither more reliable nor cheaper source to utilize. So why would we walk away from our energy cooperation with Russia?” Szijjarto said.

The minister emphasized that the issue of energy belongs to the realm of physical infrastructure and not politics.

“Not to speak about the fact that the energy supply is a matter of physical nature, so it’s very conservative thing to say, if there’s a pipeline, you can buy gas or oil. If there’s no pipeline, it’s just dream. So once you cut the Russian energy sources from Hungary, when it comes to natural gas or oil, simply the remaining infrastructure cannot supply the country, and it’s not a political question, if a pipeline has a certain capacity, you can make whatever statements it will not change,” he noted.

Paks II Nuclear Plant

The construction of the Russian-built Paks II Nuclear Power Plant in Hungary is moving fast, and changes to the budget will be negotiated, the foreign minister also told RIA Novosti.

“What is good news is that we are moving forward with the construction pretty quickly,” Szijjarto said.

The minister added that budget changes were nothing out of the ordinary when it came to the construction of a nuclear plant.

“Since the contract has been signed in 2014, so almost 11 years now, it is not too complicated to understand that during such a long period of time, prices of technologies, especially such complicated technologies and equipment, might have changed,” he pointed out.

The two sides will negotiate about that, the minister said.

December 23, 2024 Posted by | Economics | , | 1 Comment

Trump should leverage Arctic for Ukraine peace – analyst

RT | December 23, 2024

US President-elect Donald Trump would succeed in talks with Russia to end the Ukraine conflict by offering to lift sanctions on the Northern Sea Route and invite Western carriers to utilize Moscow’s project in the Arctic, an opinion piece in Responsible Statecraft magazine has suggested.

Trump’s campaign promise to swiftly stop the fighting between Moscow and Kiev “seemed increasingly out of reach,” Lyle J. Goldstein, a research professor at the China Maritime Studies Institute (CMSI) at the US Naval War College wrote in his article on Friday.

As the Russian military “continues its slow but steady advance,” Putin could have decided “to push for a more complete Russian military victory and defy any near-term Western peace overtures,” he said.

“It is hard to imagine that dispatching more arms to Ukraine and slapping more sanctions on Russia will be successful at achieving peace,” Goldstein stressed.

However, Trump still has a chance “to break from the status quo and entice Russia to end the war” by making the situation in the Arctic – where a struggle for dominance between world powers has been intensifying in recent years – part of the negotiations, he wrote.

According to the analyst, the issue is “guaranteed to capture… Putin’s attention” because Moscow is interested in the effective functioning of the Northern Sea Route (NSR), which runs from the Barents Sea near Russia’s border with Norway to the Bering Strait between Chukotka and Alaska, and “holds the key to unlocking major development in the country’s vast, resource-rich interior and more broadly for Siberia.”

In order to see Russia making concessions, “the US would need to lift sanctions that have been applied against NSR projects… [and] facilitate major European shipping companies like Hapag Lloyd and Maersk to green light the route.” Another step to “sweeten the pot” for Moscow could be “the encouragement and even incentives for Western investment along the NSR” by Washington and Brussels, Goldstein stressed.

“By appending peace proposals with a carrot guaranteed to catch Putin’s attention, negotiations having a substantial Arctic component could gain Trump’s favor and find success,” he insisted.

Trump said on Sunday that he wants to resolve the Ukraine conflict through direct talks with Putin. “We must end that war,” he stressed.

During his end-of-year press conference last week, the Russian leader said that he is “ready to talk [to Trump] anytime; I will be ready to meet with him if he wishes.”

At the same event, Putin reiterated that Moscow is open to negotiating with Kiev without any preconditions, except for those previously agreed upon in Istanbul in 2022. These agreements include a neutral, non-aligned status for Ukraine and certain restrictions on the deployment of foreign weaponry. He also emphasized that any negotiations must take into account the current situation on the ground.

December 23, 2024 Posted by | Economics, Militarism | , , | Leave a comment

Panama responds to Trump’s threat to retake vital waterway

RT | December 23, 2024

President Jose Raul Mulino has addressed the nation in response to US President-elect Donald Trump’s threat to retake control of the Panama Canal, a vital waterway that contributes billions of dollars to the Panamanian economy annually and serves as a crucial artery for global trade.

In his video address on Sunday, Mulino emphasized that the sovereignty and independence of the country are “non-negotiable” and underscored the canal’s significance as part of the “history of struggle and an irreversible conquest.”

“Every square meter of the Panama Canal and its adjacent area belongs to Panama, and it will continue to be so,” Mulino declared.

Over the weekend, Trump expressed outrage on Truth Social and during a speech at the AmericaFest conference over what he called “exorbitant” fees charged for the passage of American vessels through the canal, accusing Panama of exploiting the United States with excessive fees.

“We’re being ripped off at the Panama Canal, just like everywhere else,” despite the “extraordinary generosity that has been bestowed on Panama,” he told supporters in Arizona on Sunday.

“If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to the United States of America. In full. Quickly and without question,” Trump proclaimed, warning officials in Panama to “please be guided accordingly.”

Trump also declared that he would never allow the canal to fall into “the wrong hands,” namely China’s, emphasizing that a “secure Panama Canal is crucial for US commerce and the rapid deployment of the Navy from the Atlantic all the way to the Pacific.”

Trump further emphasized his statements by sharing an image on Truth Social of an American flag over a narrow waterway with the caption, “Welcome to the United States Canal!”

Mulino strongly rejected these claims, stating that the canal’s rates are set publicly and transparently, considering market conditions, international competition, operating costs and maintenance needs. He highlighted that since the transfer of the canal from the United States to Panama on December 31, 1999, as per the Torrijos-Carter Treaties signed in 1977, there have been no objections or complaints regarding Panama’s control.

“These treaties also established the permanent neutrality of the canal, guaranteeing its open and secure operation for all nations,” he said, calling it the best tribute to the martyrs who fought for Panama’s sovereignty and dignity during the 1964 anti-American riots. Mulino rejected any notion that China, the European Union, or any other power has direct or indirect control over the canal.

The canal has become a source of strong national pride, managed by qualified Panamanian professionals who ensure its safe, continuous, efficient, and profitable operation, the president added. It also contributes billions of dollars to the Panamanian economy annually and serves as a crucial artery for global trade.

“Panama respects other nations and demands respect,” the president concluded, stating that he aspires to preserve good relations with the incoming US government on issues such as drug trafficking, terrorism, organized crime, and illegal migration, but the neutrality of the canal is “non-negotiable.”

December 23, 2024 Posted by | Economics, Sinophobia | , | 1 Comment

Geopolitical auto-asphyxiation: Here’s why Germany is heading for irreversible decline

Berlin is unable or unwilling to finally abandon a pernicious groupthink that subordinates its interests to Washington’s misguided political agenda

By Tarik Cyril Amar | RT | December 22, 2024

Oops, he’s done it again: Tech mogul, richest man in the world, and also now new bestie of American President-elect Donald Trump, Elon Musk has used his massive social media clout – as owner of X and a personal account with more than 200 million followers – to post about politics. And here we don’t mean his unhelpful recent intervention in how Americans – barely – keep their rickety government contraption from stuttering to a halt for lack of cash.

Nope, this is about Germany: With regard to Europe’s Sick Man on the Spree (there is another one on the Seine, of course), in his first post Musk waltzed in, guns blazing to support the right-wing AfD (Alternative for Germany) party in the run-up to the snap elections on February 23.

Only the AfD, he pronounced with typical modesty, can “save Germany.” In a second post, a few days later, Musk reacted to a murderous attack on a German Christmas market in the city of Magdeburg. This time, he called Germany’s lame-duck Chancellor Olaf Scholz “an incompetent fool” who should resign forthwith.

Some Germans are aghast. How dare Musk, an American, intervene in our elections? Deeply unpopular German minister of health Karl Lauterbach, for instance, went almost comically Victorian with his performance of righteous ire for public display, calling Musk’s statements “undignified and highly problematic.” Shocking, shocking indeed!

Interestingly enough, most of the same Germans still have no problem with Joe Biden, also an American, having helped Ukraine blow up their vital energy infrastructure and then mightily promoting the de-industrialization of Germany and the EU as a whole by subsidizing companies which move to produce in the US. Others think it’s totally normal that German politicians, such as Michael Roth – head of the German parliament’s Foreign Affairs Committee, no less – massively interfere in the politics of, say, Georgia, not only by messing with its elections but also trying to literally instigate a coup. Judge not, lest ye be judged…

So, let’s cut out the daft pearl-clutching: I am German, and I find it very objectionable when Musk fails to post about the genocide in Gaza, instead taking the side of the Israeli perpetrators. But I could not be less concerned about him stating his opinion – it’s not more than that – about what party would be best for Germany, even thought I do not agree at all. As to calling Scholz what he actually is, go ahead Elon. There, I am even on your side.

Once we dispense with the huffy-puffy theatrics, what is really at stake here? And why would it even matter so much to some Germans what Musk has to say about their politics?

It’s not complicated: Musk has hit a very sore spot. And the name of that very sore spot is Germany. Yes, all of it, or at least, everything that has to do with its tanking economy and, frankly, delusional politics. Here’s how:

On December 16, German Chancellor Olaf Scholz lost a confidence vote in the German parliament. That was no surprise but the plan from the beginning. Or to be precise, since November 6, when the former governing coalition of Greens, Free Democrat market liberals, and Scholz’s own Social Democrats imploded with a nasty bang. After that, the no-confidence vote – even if it came with some predictable yet pretty fake drama and backbiting – was merely a formality on the way to snap elections, scheduled for February 23.

On the face of it, the above may look like a minor politics-as-usual hiccup: Sometimes coalitions don’t work out and a country needs new elections to – hopefully – start over with a new government. In postwar Germany (the Cold War Western version and the post-unification one together), this procedure – based on article 68 of the constitution – is not unprecedented; it has been used 5 times before.

But this is not that sort of case. Rather, the snap elections are only one small symptom of a much deeper, all-pervasive malaise: By regularly reading the news about Germany, you could easily come to feel that Europe’s former economic locomotive and political first-among-not-so-equals is now a very unhappy country, economically in severe, persistent decline and politically – to put it kindly – badly disoriented. And you would be right. Except things are even worse, and I write that, let me remind you, as a German.

For what’s really gloomy – indeed, quite literally hopeless – about the current German doom is that no one with even a remote chance at political power in Berlin is prepared to honestly face the root causes of the country’s misery. Germany is not merely in a mess; it also has a dysfunctional non-elite that is in total denial about how to fix that mess. But before we get to that elephant in the misery room that almost all German politicians fail to acknowledge, with stereotypical thoroughness, let’s look at the wasteland their failure has made.

Take a few highlights. There are 84 million Germans. According to a major research institute in the country, a quarter of them have found out that their income is insufficient to make ends meet. In a similar vein, another new study based on official government data pays special attention to the cost of having a roof, any roof, over your head. It has just found that 17.5 million Germans are living in poverty. That is 5.4 million more than previously assumed. The reason they had escaped the traditional statistics is that the cost of their abodes had simply not been factored in. Once you, realistically, do so, a whopping 20 percent of Germans fall under the official definition of “poor.”

No wonder then that ever more Germans need soup kitchens – in German “Tafeln” – to simply have enough to eat. Indeed, demand for housing has grown so much that they even have to ration the food they are doling out.

More and more Germans have to abandon their pets because they simply can’t afford them anymore: cats and dogs are becoming a “luxury item,” and keep people in a “poverty trap.” Germany’s business mood, meanwhile, is “slumping,” according to Bloomberg.

We could go on, but the picture should be clear enough: Germans may be a little on the “Angst” side in terms of temperament, but this time, they are really in trouble. How did that happen to the industrial powerhouse and export champion? The core of the problem is, of course, the economy. It takes not a grain of alarmism – ask Bloomberg again – to observe that its very future is in danger: It is “ravaged” by an energy crisis; Chinese competitors squeeze it, while Chinese markets are being lost; and then there is US President-elect Donald Trump and his threats of brutal tariffs. And all of that on top of persistent stagnation entering its fifth year.

Indeed, for two years already the German economy has simply “flatlined,” and business is (not) looking forward to yet another year of no growth. Germany, a long report has just summed it up, is “reaching a point of no return,” on a “path of decline that threatens to become irreversible.”

Here is the crux: The mainstream parties now contesting the snap elections recognize that the situation is dire. How could they not without being laughed out of the room? They all offer suggestions, as you would expect, for what to do about it. Let’s set aside that such suggestions look a little silly when coming from the parties that made up the last government coalition. Why didn’t they implement their ideas then, after all?

Let’s just note that everything is rather predictable: The Social Democrats stress public spending and infrastructure and make unfounded promises to protect ordinary Germans from social decline, as if that process were not well underway already.

The mainstream Conservatives (CDU-CSU) emphasize lower taxes, budget cuts, less bureaucracy and red tape, and the magic powers of the market to unleash new growth. The market liberals from the Free Democrats do the same, just more extremely. And the Greens promise everything somehow, and then some, while making no sense at all. Everything as usual, in other words.

And yet, none of the above even dare name the one key issue that a new government could resolve quickly and that would have a decisive and fast impact on the German economy: namely the cause of that energy crisis that has hit crucial “energy-intensive” sectors the hardest but is, of course, affecting every single business and all the households, that is, consumers, one way or the other. The reason for that odd blindness is purely political, because that cause is very easy to identify. It’s the “structural blow” of “the loss of cheap Russian energy,” as even Bloomberg acknowledges.

It is true: Germany has an abundance of problems, some long predating the war in and over Ukraine: demography, under-digitalization, the infamous “debt brake,” a public debt limit so primitively designed it makes reasonable deficits impossible, and so on. And yet, the politically produced and self-imposed (Russia did not cut off the cheap energy, the West did, including via violent sabotage as in the Nord Stream attacks) energy crisis is decisive.

Imagine Germany, if you wish, as a past-their-prime, somewhat out-of-shape middle-class type. In principle, there is no reason such a person cannot rebuild by pursuing a healthy diet and decent exercise. Except, of course, you also cut off their oxygen supply by strangling them.

The added irony: Germany – with plenty of help from its big brother “ally” America and its dependent sponger Ukraine – is strangling itself. Auto-asphyxiation is, of course, a well-known and potentially lethal perversion, but usually it’s associated with aging rock stars in lonely hotel rooms. Seeing a whole country do it is peculiar.

In the current German party system, only two parties show signs of being willing to address this core issue instead of avoiding it: The far-right/right-wing AfD under Alice Weidel and the left-conservative BSW under Sarah Wagenknecht. What do they have in common apart from that? Nothing. Except, they both won’t be able to influence German government policy, at least not soon, and not after the February elections. The AfD is, actually, the second-strongest political party after the CDU-CSU Conservatives, according to current polls. Think what you will about Musk’s political tastes (absolutely not mine), but it’s a fact that he has spoken up for a party that almost a fifth of German voters prefer.

However, the mainstream parties swear that they will not allow it into a governing coalition. The BSW is doing reasonably well for a newcomer but may even be struggling to clear the five-percent barrier to gain seats in the new parliament, and it is certainly far from gathering the amount of votes that would make it indispensable for coalition building.

Here’s the final irony: Germany’s fundamental problem is not actually economic. The economy is in catastrophic shape, make no mistake. But the reason for that is political and even intellectual and moral: The inability or unwillingness to finally abandon a pernicious group think that subordinates obvious and vital German interests to the misguided political agenda of, ultimately, Washington and does not allow for what is obviously needed urgently: re-establishing and repairing a rational relationship with Russia.

Tarik Cyril Amar is a historian from Germany working at Koç University, Istanbul, on Russia, Ukraine, and Eastern Europe, the history of World War II, the cultural Cold War, and the politics of memory.

December 22, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity, Russophobia | | Leave a comment

Western Aid Covers Nearly 90% of Ukraine’s Spending in 2022-2024 – Analysis

By Oleg Burunov – Sputnik – 22.12.2024

Russia has repeatedly warned that the US and its Western sponsors’ assistance to the Kiev regime will only prolong the Ukraine conflict.

Western financing of Ukraine reached a whopping $238.5 billion from February 2022 to the beginning of December 2024, which approximately corresponds to 87% of the country’s budget expenses, Sputnik’s research based on information from the Ukrainian Finance Ministry, the University of Kiel, and open data has shown.

The expenses of the Ukrainian budget in 2022-2023 amounted to $193.3 billion, while in 2024 the figure is expected to stand at $81.3 billion. It means that over the past three years, the expenses have increased to $274.6 billion, according to the analyzed data.

Aid Breakdown

The volume of financial aid sent by Western countries to Ukraine amounted to $106 billion, whereas the West’s military assistance reached $132.5 billion within the aforementioned period. At the same time, the total volume of Western aid is 43% less than the $416 billion the West promised to Kiev, per the analysis.

The US remains Ukraine’s largest donor, having sent $95.2 billion to the Kiev regime in the past three years. Two-thirds of the sum was military aid, while one-third went towards budget financing.

EU member states transferred financial and military aid to Ukraine worth $94.2 billion, with Germany, Denmark, and the Netherlands being the bloc’s largest donors with $11.9 billion, $7.5 billion, and $6.3 billion, respectively. The UK sent $13.4 billion, Canada $7.8 billion, and Japan $6.7 billion.

During the December 19 Direct Line and year­-end press conference, Russian President Vladimir Putin stressed that Ukraine can fight and exist only with the support of its Western donors.

The statement came after Kremlin spokesman Dmitry Peskov said that Washington’s financial aid to Kiev will not change the situation on the battlefield and will lead to “new victims among Ukrainians.”

Russian Foreign Minister Sergey Lavrov, for his part, recalled earlier that US Secretary of State Antony Blinken emphasizes that continued aid to Ukraine is a guarantee of creating new jobs in the United States.

“As if he is not speaking about financing a war that has claimed hundreds of thousands of lives in Ukraine, but a lucrative business project,” Lavrov stressed.

This followed Peskov warning that the EU’s hefty sums to Ukraine are “allocated to the detriment of EU economies which are already going through difficult times.” For example, Germany, Europe’s largest economy, is facing a second year of zero growth, in what comes as more Germans oppose Berlin’s excessive financial assistance to the Kiev regime, according to a recent opinion poll conducted by the ARD news channel.

December 22, 2024 Posted by | Economics | , , , | Leave a comment

Zelensky’s testing our patience – Slovak MEP

RT | December 21, 2024

Vladimir Zelensky has “gone too far” in its dispute with Slovakia over natural gas, let alone turning Ukraine into a “zombie state” that’s entirely dependent on the West, Slovakian MEP Milan Uhrik has told RT.

Bratislava and Kiev have ended up in a bitter row over supplies of Russian natural gas across Ukraine. The country has refused to extend its gas-transit deal with Russia, on which Slovakia depends for energy supply, and which is set to expire at the end of the year.

While the country, which borders western Ukraine, has enough gas in storage to make it through the winter, the impending end of transit likely spells trouble for Bratislava in the near future, Uhrik is suggesting.

“We have a valid contract with Gazprom which we want to fulfill but Zelensky is preventing us from doing so simply because he wants to harm our economy and simply because he wants more, I don’t know, finance or more weapons from our country, and this is what we do not agree with,” the MEP said.

With a recession “coming to the European Union,” it would be “very unwise to completely cut off from Russian cheap energy sources,” Uhrik also warned.

People are getting angry [at] Zelensky because this has gone too far. He is simply testing our patience, because we did nothing wrong and yet he decides to destroy or continue with destruction, not only of Ukraine but also of our country.

The Slovakian lawmaker questioned the legitimacy of Zelensky’s “very sensitive and serious” decisions, pointing at the cancellation of presidential elections in the country, and to dwindling “support among Ukrainian people.”

Ukraine has long turned into a “zombie state” that is fully dependent on the collective West as a whole and the EU in particular, Uhrik pointed out. While the EU has helped Kiev “with more than €130 billion” (over $135 billion), in return it has been getting “even more and more demands” and “more and more insults,” with the latest row able to “easily raise a bigger conflict between Slovakia and Ukraine,” the MEP added.

December 22, 2024 Posted by | Economics | , , | Leave a comment

West has pumped over $300 billion into Ukraine – Orban

RT | December 20, 2024

The US and the EU have provided over $300 billion in financial aid and military assistance to Kiev since the escalation of the Ukraine conflict in 2022, Hungarian Prime Minister Viktor Orban has said.

Such a huge amount of money “could have done wonders” had it been spent to improve the lives of people within the EU, he said in an interview with Kossuth radio on Friday.

Orban highlighted the evolving military situation, noting that “the balance of power on the frontlines is shifting day by day” in Russia’s favor. He also pointed out the political changes expected in the US following Donald Trump’s return to the White House next month.

These developments call for leaders in EU capitals to embrace a more pragmatic approach to ensuring stability and economic resilience within the bloc, Orban believes. However, the prime minister argued that Brussels remains out of touch with global realities, pointing to a recent European Parliament decision to continue sending substantial funds to Kiev – a move he described as a clear example of misplaced priorities.

“During the negotiation with the Americans, I received the figure that Europe and America together have spent €310 billion so far. Those are huge numbers!” the Hungarian prime minister stressed.

He argued that the hundreds of billions of euros already spent to fund the conflict could have been used to bolster European infrastructure, to develop countries in Western Balkans to the level of the EU, or beef up military capabilities. This “enormous” amount of money could have been given to Europeans to make people’s lives much better, the Hungarian leader concluded.

Russia has repeatedly warned that no amount of Western aid will stop its troops from achieving the goals of the military operation or change the ultimate outcome of the conflict. By backing Kiev, they only prolong the conflict, Moscow has argued.

Earlier this month, Orban proposed a Christmas ceasefire between Ukraine and Russia, describing it as a last-ditch attempt to mediate a diplomatic resolution of the conflict. He floated the idea to Kiev and Moscow, as well as to Trump, who he personally met at his residence in Florida.

The Kremlin spokesperson, Dmitry Peskov said that Moscow “fully supports Orban’s efforts aimed at finding a peaceful settlement and resolving humanitarian issues related to the exchange of prisoners.”

However, Ukrainian leader Vladimir Zelensky rejected Budapest’s offer.

December 20, 2024 Posted by | Economics, Militarism | , | Leave a comment