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Austria heads towards record number of bankruptcies in 2024

Remix News | December 2, 2024

Austria is heading for a record year in terms of bankruptcies, with more than 7,000 companies forecasted to go under by the end of 2024. That equals an average of 22 firms going under every single day in a population of only 10 million.

Notably, the country is experiencing many of the same issues neighboring Germany is facing: high energy costs, lower demand for goods, an aging workforce, high inflation input costs, and anti-business policies.

According to Austrian media outlet Horizont, 2024 is expected to produce the most bankruptcies in Austria in 15 years.

“Austria is heading for a new record year of corporate insolvencies. The reason is a toxic mix of declining exports, collapsing domestic consumption, and high costs. High unit labor costs, high material and energy costs together with excessive regulation are making it difficult for more and more companies to be successful in Austria,” said Gerhard Weinhofer, an official at the creditor protection association Creditreform.

The Freedom Party of Austria (FPÖ), which won national elections this year but was sidelined from power by rival parties who formed a coalition against it, is using the case to illustrate the crisis presented by the ruling government.

“This year, Austria is heading for a record year of bankruptcies. More than 7,000 corporate bankruptcies are forecast for 2024 – a new record in 15 years. ÖVP Chancellor Karl Nehammer and ÖVP Economics Minister Martin Kocher in particular have caused severe damage to the economy and Austria as a business location,” said FPÖ economic spokesman Axel Kassegger.

Kassegger notes that the new government, referred to as the traffic-light coalition, is likely to make matters worse. “And it is to be feared that the planned traffic light coalition will not be able to clear away this unique economic policy mess. This will prolong the left-wing anti-citizen and anti-business course of the black-green coalition, fuel inflation and further weaken our business location.”

Austria is not only facing bankruptcies; wage and job cuts are plaguing the country, along with plant closures.

“Our country urgently needs the long overdue reforms for it as a business location, relief measures for companies and employees. Our companies are still suffering from the very high costs of energy and transport, as well as from wage costs, which have increased sharply due to the still high inflation,” said Kassegger.

Last month, Russia entirely cut off natural gas supplies to Austira. The FPÖ argues for peace negotiations with Russia in order to restore the country’s cheap energy supplies.

“Electricity and gas network costs are rising massively, which will lead to enormous additional burdens for the Austrian population. Industry is still waiting for the extension of the Electricity Price Cost Compensation Act to relieve the burden on energy-intensive industry in particular. An extension of these measures this year is therefore a must, because time is of the essence,” he added.

December 2, 2024 Posted by | Economics, Malthusian Ideology, Phony Scarcity, Russophobia | | Leave a comment

European elites are destroying Europe – again

Strategic Culture Foundation | November 29, 2024

One would think that having suffered two world wars only decades apart, European politicians might be more cautious about starting another one. Incredibly, however, the countries of Europe are being plunged into another conflagration.

Not much has changed over a century, it seems. War is still the result of imperialist intrigue and no accountability to the masses of citizens by arrogant politicians aided by relentless media propaganda lies.

European elitist rulers are a treasonous clique who are destroying Europe because of their abject servility to U.S.-led Western imperialism.

To put it crudely, Europe is being abused like a bondage plaything for the Washington and European elites. Shudder the thought of Ursula von der Leyen and Kaja Kallas in dominatrix garb or Keir Starmer, Emmanuel Macron and Olaf Scholz as the gimps. But sometimes, the truth can be stranger than fiction.

Russian President Vladimir Putin nailed it this week when he slammed European political heads who are “dancing to the tune of the Americans.” In an address to the Collective Security Treaty Organization summit in Kazakhstan, Putin said the crisis over Ukraine showed that European so-called leaders have no independence or autonomy. They are non-entities as far as serving the democratic interests of their nations is concerned.

Instead of pushing for a diplomatic solution to the worst conflict on the European continent since World War Two, European political elites are slavishly going along with Washington’s criminal proxy war against Russia, which is in danger of spiraling into a nuclear Armageddon.

This week the buffoonish former British Prime Minister Boris Johnson openly admitted that the conflict in Ukraine was a proxy war against Russia. But that didn’t give Johnson pause for thought or shame. He urged the Europeans to send more weapons to Ukraine. Nor did his crass candidness elicit any outcry or condemnation. Johnson, the imbecile, was, in effect, confirming what Russia has been warning is the essence of the conflict in Ukraine – a U.S.-led war using Ukrainian cannon fodder.

Then, we had the chief of Britain’s intelligence agency MI6, “Sir” Richard Moore, holding forth to an audience in Paris that Russia’s Putin was causing “staggeringly reckless sabotage” across Europe. The British spymaster claimed that Russia was threatening the continent with nuclear weapons to weaken NATO support for Ukraine. He omitted the glaring fact that the U.S., Britain, and France have dramatically escalated the conflict by supplying a NeoNazi regime in Ukraine with long-range missiles to strike Russia.

Meanwhile, the governments in Germany and Nordic countries are issuing dire public warnings for people to “get ready for war” by building bomb shelters in their homes and stocking up on non-perishable foods.

You could hardly make this insanity up except in the dystopian novels of George Orwell. The continent is being led by the nose to disaster by politicians and corporate-controlled media who have lost their minds. They long ago lost any self-respect or independence and are simply acting as the most pathetic surrogates for U.S.-led imperialism.

Even without the ultimate catastrophe of war, Europe has been brought to ruination by elitist politicians who have unquestioningly followed the American agenda of trying to strategically defeat Russia through a proxy war.

Central to this U.S. strategic objective is vanquishing decades of mutually beneficial energy trade between Europe and Russia. The sanctions imposed on the Nord Stream gas pipelines by Trump during his first administration, followed by the blowing up of the pipes by the Biden administration in September 2022, are testimony to that bigger picture. None of the European governments or their news media properly investigated that huge crime of state-sponsored terrorism.

The proxy war and sanctions on Russian energy that the European leaders happily went along with have caused the European economies to implode. Critical commentators talk about the deindustrialization of Europe.

Even the Financial Times, in a recent in-depth report on Germany’s “broken economy”, sounded aghast at “the most pronounced downturn in Germany’s postwar history.” The report surveys auto, chemical and engineering sectors crucial to the German economy and cites “high energy costs” as the detrimental factor.

However, the Western media, even in supposed “in-depth reports” like the Financial Times, are careful not to spell out the obvious cause of Europe’s economic collapse: the U.S.-led proxy war in Ukraine and the consequent damage in Europe’s relations with Russia.

Media reports deplore a “jobs massacre” in Germany’s industrial giants like Volkswagen and Thyssenkrupp without explaining the cause as if the calamity is somehow random misfortune.

As if that is not bad enough, the incoming Trump administration is lining up heavy tariffs on exports from Europe as well as China, Canada, and Mexico. That will be a coup de grâce for the European economies delivered by its American ally.

Europe is in this appalling predicament – facing economic ruin amid a potential military conflagration – all because it has been misled by people like Ursula von der Leyen, Josep Borrell, France’s Macron, Germany’s Scholz (and Angela Merkel before him), and Netherlands former premier Mark Rutte, who is now the gung-ho head of NATO calling for more European weapons to Ukraine. Many others can be named from the Nordic countries, Poland, and the Baltic states. Rather fittingly, the European elitist political class has a long and vile history of Russophobia, going back to collaboration with Nazi Germany in its genocidal aggression against the Soviet Union.

The tragedy of Europe is not something mysterious or ill-fated. It is the direct result of elitist rulers who have assiduously conducted policies that harm European citizens. These charlatan leaders are shameless in their Russophobia and surrogacy for U.S.-led Western imperialism – even to the point of killing their own people through economic devastation or worse – world war.

The conflict in Ukraine is solvable through negotiations and dialogue that acknowledges the historical causes. From Russia’s point of view that pertains to NATO’s treacherous expansionism since the end of the Cold War.

But this is the deep dilemma facing Europe. Not one of the politicians (apart from a few honorable exceptions) is capable of thinking or acting independently because they are ideological slaves.

Rational diplomacy and respect for democracy and peace are beyond these political degenerates. Their complicity in a bankrupt system of Western imperialism makes them incapable of doing the right thing for humanity. That’s why the vile history of wars keeps repeating. They and their corrupt, warmongering system must be swept aside.

November 30, 2024 Posted by | Economics, Militarism, Russophobia | , , , , , | Leave a comment

German opposition to demand EU exit – media

RT | November 29, 2024

Alternative for Germany (AfD) – the third largest opposition party in the national parliament – intends to take the country out of the EU if it wins the upcoming election, several media outlets reported on Friday, citing the party’s newly drafted election manifesto.

AfD has confirmed that the document is “ready” but has not released it to the public. The party also wants Germany to ditch the euro, and return to a “stable national currency,” media outlets including Die Zeit and Der Spiegel have claimed.

“We believe that Germany’s exit from the European Union and the establishment of a new European community are necessary,” the 85-page-long manifesto reportedly says.

The EU in its current form should be replaced by the “Economic and Interest Community” following a certain transition period that should be “negotiated… with both the old EU partner states and new interested parties,” media have cited the document as saying, adding that the AfD believes the EU is trying to become a “superstate.”

On its website, the party lists Germany’s exit from the EU as part of its political agenda and advocates a “Europe of nations” concept, adding that “irrevocable renunciation of sovereignty in favor of an ‘ever closer’ European Union is incompatible” with this vision.

The party is also seeking to restore trade ties with Russia, which were disrupted by EU sanctions imposed after the escalation of the Ukraine conflict in February 2022. The AfD text highlights Russia’s importance as a supplier of cheap natural gas for German industry, according to national media.

The document also calls for sanctions on Russia to be lifted and the Nord Stream gas pipelines to be repaired, according to Die Zeit. Nord Stream 1 delivered Russian gas to Germany before it was blown up in September 2022, along with Nord Stream 2.

The party also apparently wants Germany to exit the Paris Climate Agreement and introduce abortion restrictions.

AfD has neither confirmed nor denied the reports about its election program, but said that the document was sent to delegates of the federal party conference, scheduled for mid-January.

The document’s lead author, Professor Ingo Hahn, has described it as a “convincing work that not only names the pressing problems of our country, but also shows clear solutions that will lead Germany out of the current misery.”

Germany could hold an early parliamentary vote as soon as February 23 following the collapse of Chancellor Olaf Scholz’s three-party government coalition earlier this month. If Scholz’s now-minority cabinet loses a confidence vote in mid-December, the country will head into a snap election.

AfD became the fifth largest faction in the Bundestag following the 2021 parliamentary election, in which it gained more than 10% of the vote.

November 29, 2024 Posted by | Civil Liberties, Economics | , , | Leave a comment

Can Europe Return to Reason & Reverse Its Decline?

Jeffrey Sachs, Alexander Mercouris & Glenn Diesen
Glenn Diesen | Nov 27, 2024

I had a conversation with Jeffrey Sachs and Alexander Mercouris about the political changes in Europe. The optimism of the European project as a region of peace and prosperity is long gone. The objective had been to resolve conflicts on the continent peacefully and use collective bargaining power to establish greater economic and political independence. Instead, the continent is experiencing war, de-industrialisation, socio-economic and political instability, excessive dependence on the US, and growing irrelevance in the wider world. What went wrong and can the decline be reversed?

The rest of the world adjusts to the emerging multipolarity with a multivector foreign policy by diversifying economic connectivity to improve economic competitiveness and enhance political autonomy. In contrast, the Europeans have subordinated themselves completely to the US and thus suffer from economic decline and political subordination. Declining rationality is also a clear problem as the Europeans pursued policies towards Russia that they knew would put them on a collision course with Russia. Instead of pursuing course correction, the proxy war with Russia increased the security dependence on the US, which enabled Washington to impose bloc discipline. The recovery of Europe requires reversing the militarisation of dividing lines in Europe, and diversifying economic ties to avoid excessive dependence on any one state or region.

November 28, 2024 Posted by | Economics, Video | , , , | Leave a comment

Trump’s ‘new’ policy on Iran

By Viktor Mikhin – New Eastern Outlook – November 26, 2024

According to a report published by the Financial Times, Trump’s new team intends to ‘bankrupt’ Iran during his second presidential term. The report, citing a national security expert close to the new team, states that executive orders targeting Iran, mainly its oil exports, could be signed on the first day Trump takes office.

The so-called ‘maximum pressure campaign’ is a set of measures imposed against Iran in 2018 after Trump brazenly and illegally withdrew Washington from the Joint Comprehensive Plan of Action (JCPOA). The agreement, signed in 2015, limited Iran’s nuclear programme in exchange for an easing of economic and financial sanctions. Trump called the agreement a ‘disaster’ only because it was signed by Democratic President Barack Obama. He allegedly stated that he was going to make sure that Iran would never receive nuclear weapons, while promising to limit Iran’s regional influence.

In other words, the world has a very dangerous precedent in the Middle East: on the one hand, Israel has completely illegally developed and put into service nuclear weapons and their means of delivery and, on the other hand, Trump is trying to limit – and, moreover, prohibit – Iran from developing peaceful nuclear energy and oppose Tehran’s relations with its neighbours. What kind of democracy is this and what exactly does Trump mean by the word ‘democracy’? This is no longer democracy, rather a medieval-type dictatorship: if I want to, I will allow it, but it is better not to allow it at all.

What was Trump’s goal previously?

Since 1979, Iran has constantly faced US sanctions. The Trump administration’s ‘maximum pressure’ campaign was not so much about inventing new limitations as about dramatically expanding the scope and viciously tightening compliance with previous or existing limitations.

Following the unabashed withdrawal of the United States from the JCPOA (an international document), Trump immediately reinstated sanctions against Iran’s energy, shipping, shipbuilding, automotive and oil sectors in accordance with a decree issued on August 6, 2018. The key difference was the aggressive implementation of so-called ‘secondary sanctions’, which punished foreign organisations for doing business with Iran, regardless of whether these transactions violated their own domestic laws. The aim was to put significant pressure on international players to comply with US sanctions.  Apparently, Trump considered himself a liege lord and all others to be his vassals, the purpose of whom was to fulfill Trump’s will.

In May, 2019, the Trump administration dealt a blow to Iran’s metallurgical industry (the second largest source of export revenue) by tightening sanctions on the production of iron, steel, aluminum and copper. This included well-designed sanctions against any foreign financial institutions facilitating large transactions related to these industries. At the same time, Washington was completely uninterested in the opinions and interests of other parties involved in peaceful trade with Iran.

The third major decree issued by Trump was directed against the Islamic Revolutionary Guard Corps (IRGC) and any organisations or individuals conducting financial transactions with it. The stated goal was to limit Iran’s production of ballistic missiles, a weapon that, according to then-US Special Representative for Iran Brian Hook, existed only in Photoshop. Nevertheless, Trump hastened to impose severe sanctions on the IRGC.

The new Biden administration that came to power, contrary to expectations, did not put an end to Trump’s policy. According to Secretary of State Anthony Blinken, all sanctions were to remain in force and hundreds more new ones were added to them. It is incomprehensible how one strong and arrogant country is trying to rule the whole world and establish its own rules of life and trade that are only beneficial to it.

Did Trump’s policy bear fruit?

“The efficacy of US sanctions against a foreign government is measured by the economic damage not caused”, said Amir Ali Abolfat, an expert on North American affairs, “and the extent to which sanctions achieve their political goals and change the behaviour of the target government”. An analysis of statistics before the start of the ‘maximum pressure’ campaign shows that, although Trump made it more difficult for Iran to earn money from exporting oil and metals, he failed to reduce them so much that a brave and persistent Iran had to change its policy.

“Iran produces strategically important goods”, Abolfat explained. “As long as there is demand, these products will find their market. Although Iran no longer sells oil to Europe, it has begun supplying it to China, as evidenced by increased sales to that country, which is resisting pressure and US hegemony. The same principle applies to the export of Iranian metals”.

There is no doubt that Trump and Biden have created great difficulties for Iran, but did they manage to achieve their goals? Absolutely not. Iran’s uranium enrichment rate has increased from 3% to 60% and its military potential has expanded significantly over the past seven years. Moreover, Tehran is successfully developing friendly ties with its neighbours and has managed to create a so-called Axis of Resistance, which successfully opposes the United States and Israel in the region.

As for domestic needs, Iran has successfully reduced its dependence on European partners and former allies (such as Korea and Japan) by finding alternative suppliers. The departure of European automakers has led to a sharp increase in Chinese car imports, making Iran a major market. In addition, Iranian engineers and experts have independently completed projects to develop gas and oil fields that previously depended on Western cooperation. This self-confidence eventually spread to other industries previously dependent on imports, such as the food industry and medicine.

Sanctions and nothing else?

Central to Trump’s policy in the Middle East from 2017 to 2021 was an unsuccessful attempt to drive a wedge between Arab countries and Iran, while simultaneously positioning Israel as a key regional security partner.

Now this approach is much less viable. Iran’s improved relations with countries, such as Saudi Arabia, and ongoing efforts to normalise ties with others, such as Egypt, undermine this strategy. In addition, the successful Hamas operation on October 7 completely dispelled all notions of Israel’s invincibility and the actions of the Israeli regime to destroy the Palestinians made the continuation of the normalisation agreements concluded within the scope of Trump’s ‘Abraham Accords’ unlikely.

Experts believe that the only other untested option – the military option – to which hotheads in the United States and Israel are inclined, is fraught with enormous risk. Such actions could lead to devastating consequences for the West, potentially widespread disruption of oil supplies, attacks on Western bases in the Middle East and fundamental changes to Iran’s nuclear policy. Ultimately, Washington must recognise that enormous pressure alone will not help it achieve its goals with regard to Iran. To solve the US’ problems, Iran’s problems must also be acknowledged. It is only through returning to the JCPOA and sitting at the negotiating table that the most difficult tasks in the region can be solved. Iran is ready for this and has expressed this more than once. Is the ‘peacemaker’ Trump ready for this or is he only thinking of using force?

November 26, 2024 Posted by | Economics, Ethnic Cleansing, Racism, Zionism, Wars for Israel | , , , , , , | Leave a comment

Türkiye protests latest US sanctions against Russia

RT | November 26, 2024

Türkiye is currently in talks with the US to secure a sanctions waiver that would allow it to continue using Russia’s Gazprombank to pay for natural gas imports, the country’s Energy Minister Alparslan Bayraktar told reporters on Monday.

Last week, the US Treasury Department imposed restrictions on more than 50 Russian financial institutions, including Gazprombank, which is linked to the eponymous Russian gas giant, and six of its international subsidiaries. The sanctions have effectively cut off Russia’s primary bank for energy-related transactions from the SWIFT interbank messaging system, meaning it can no longer be used for dollar-based transactions.

According to Bayraktar, unless a special exemption is made, Türkiye, which imports nearly all of its gas, won’t be able to pay Moscow for natural resources. Russia currently accounts for more than 50% of the country’s pipeline imports, according to Reuters.

In his comments, Bayraktar pointed to a previous waiver granted to Ankara when Washington had sanctioned Iran in 2012. At the time, the sanctions against Tehran included a clause that allowed the US President to issue a special exemption if an oil-importing country faced “exceptional circumstances” that made it impossible to reduce Iranian oil imports. Bayraktar has argued that Türkiye now needs a similar waiver for Gazprombank in order to secure its supply of natural gas.

“These sanctions will affect Turkey. We cannot pay. If we cannot pay, we cannot buy the goods. The foreign ministry is in talks,” Bayraktar said.

The latest US sanctions have also sparked disdain among several other European buyers of Russian gas. Last week, Hungarian Foreign Minister Peter Szijjarto accused Washington of trying to undermine energy security in the Central European region by imposing restrictions on Gazprombank.

In a post on Facebook, the diplomat stated that any attempts to jeopardize energy supplies to Hungary are “considered as an offence against our sovereignty” and stressed that Budapest denounces all such attacks and has vowed to “resist the pressure and pursue our national interests.”

He added that Hungary is currently in talks with other countries, such as Bulgaria, Serbia, Azerbaijan and Slovakia in hopes of finding a solution for securing energy supplies.

Meanwhile, despite the EU announcing plans to eliminate its dependence on Russian energy, it has remained one of the world’s major importers of Russian fossil fuels while its members have purchased record volumes of liquified natural gas (LNG) from Moscow.

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

Poles recall RFK Jr. battled US corporate farming giant

Over two decades ago, Robert Kennedy Jr. took on Smithfield Foods in Poland over its actions to eliminate its competition, small family farms

By Liz Heflin | Remix News | November 25, 2024

RFK Jr. says the second in command at Smithfield Foods in Poland offered a $1 million bribe to a state official to pass legislation to essentially shut down local hog production.

The reveal was made during a podcast with farming expert Joel Salatin. The official turned Smithfield in over the bribe attempt, but others were quick to take the bribe and pass the desired legislation.

None of this is new news. However, RFK Jr.’s alliance with Trump, not to mention being nominated to serve as secretary of health and human services in his administration, has given him a new platform to draw attention to the issues surrounding commercial farming and the food we eat.

And when I say not new, I mean, this topic has been around for a couple decades, actually more.

A 2003 article from Ecologist highlighted the issues with the way Smithfield and “fellow industrial pork producers” delivered bacon, chops and other pork products to American consumers. The article stated these entities had “driven tens of thousands of family farmers off the land, shattered rural communities, poisoned thousands of miles of US waterways, killed billions of fish, put thousands of fishermen out of work, sickened rural residents and treated hundreds of millions of farm animals with unspeakable and unnecessary cruelty.”

Pretty harsh. And then, Smithfield turned its eyes to greener pastures. Where? All the way over in Poland, fresh out of its decades-long stint under the iron fist of communist rule. What may not be known by many was the rather strong presence, i.e., high number, of family farms that survived under communism. Kennedy refers to this himself in the podcast around minute 25, “small farms that were self-sufficient farms” and that had no money for chemicals.

However, despite surviving well under communism, these family farms could never have expected the “free market” might of “private” concerns that would come knocking at their doors, or more like come to knock their doors down.

“In 1999, Smithfield began buying slaughterhouses and state farms in Poland. On July 22 this year (2003), the firm’s vice president promised Poland’s Senate agricultural committee that Smithfield will ‘modernise’ Polish agriculture and bring prosperity and jobs to rural communities,” reads the Ecologist article.

Now 25 years later, RFK Jr., is bringing to light again exactly what happened in the name of American capitalism all those years ago.

Smithfield, he tells Salatin on the podcast, had come in and bought the old Soviet slaughterhouses and was modernizing these massive facilities. The legislation that Smithfield initiated stated that you could not operate a slaughterhouse if it did not have laser-automated faucets in the bathrooms, technology that small slaughterhouses servicing local family farms would not be able to afford. In this way, as Kennedy says, “in one fell swoop,” all of Smithfield’s competitors in Poland were put out of business. Kennedy did not clarify what year this happened.

There is pretty hefty coverage of the lawsuits between environmental groups, including RFK Jr.’s Waterkeeper Alliance, and Smithfield in the U.S., alleging, for example, that the giant put small farms out of business and polluted soil. One class action suit against Smithfield that Kennedy was a part of was thrown out in 2002.

What’s crazy is that this battle reached all the way to Poland. In a letter to the Polish prime minister, dated February 2004, MP Anna Sobecka presented a brief history of Smithfield’s practices back in the U.S., including that “one of the slaughterhouse’s managers was sentenced to prison for falsifying records in the case.”

“Smithfield Foods, the owner of the Animex Wielkopolska company it bought out, is constantly breaking the law by placing large piles of manure in nearby fields near the village of Więckowice without permits. Another such pile was recently built in Sierosław, near Więckowice. This is an expression of complete disregard for the recommendations of Polish officials,” the letter reads. The MP goes on to say that for unknown reasons, the company was still awarded the “Crystal Globe of Export Leaders” by the minister of economy, labor and social policy.

The primary concern of the letter was related to “several large piles of pigsty waste without the required permits and without the slightest safeguards” near Niepruszewickie Lake. It was then alleged that hazardous chemicals seeped into the lake and ended up causing illnesses, particularly in children, in the nearby town of Więckowice.

She adds that “Robert F. Kennedy Jr., representing American farmers, has visited Poland several times to warn against Smithfield Foods’ destructive activities. Kennedy warned that further expansion of the company could threaten to destroy Polish family farms. Kennedy’s speeches provoked a panic among Smithfield Foods management, which filed a defamation suit against the American politician in the district court in Poznań,” adding that “the documents and evidence available to the American politician clearly confirm the allegations he made against Smithfield Foods.”

This letter came after Smithfield’s subsidiary in Poland had sued Kennedy in Poznan for his remarks about the company’s practices during a debate in the Sejm, the Polish parliament, where he reportedly called it a “mafia organization” that violates environmental regulations and accused parties involved of selling out Polish small farmers and consumers for profits. The outcome of that suit is unclear. However, another suit filed against Smithfield by a group including Kennedy was dismissed by the judge, with all parties ordered to pay Smithfield’s legal fees.

What is also very clear is that the world today is an even smaller place than back then, and Smithfood’s primary challenger has now been nominated to serve in the cabinet of the U.S. president.

Today, Smithfield is a Chinese-owned company, RFK Jr. says in the abovementioned podcast, adding that China owns some 30 percent to 40 percent of the hog production in the U.S.

“We’re in a colonial model. USDA now works for China by keeping little farmers out of business and strip-mining and commoditizing our natural resources, our farmland, and everything else.”

As to why RFK Jr. brought up Poland after all these years and if he plans to do something about their operations there is unknown.

He is on a mission for consumers everywhere to know their food is safe, wholesome, and healthy. As he also told Joel Salatin, “only the worst food is reaching the American public… and it’s high cost.”

He’s even teamed up with Trump’s wife, Melania, in an apparent attempt to get President-elect Trump off fast food. Good luck with that.

I highly recommend watching the full podcast with Joel Salatin, especially his explanation of “uberization” of the food system around minute 23.

November 25, 2024 Posted by | Corruption, Economics | , | Leave a comment

NATO admiral urges Western businesses to prepare for ‘wartime scenario’

RT | November 25, 2024

Businesses in NATO countries should prepare themselves for a “wartime scenario” and adjust their production lines and supply chains to be less vulnerable to blackmail by nations such as Russia and China, the outgoing chief of the US-led bloc’s military committee, Admiral Rob Bauer, said on Monday.

Speaking at a European Policy Center think-tank event in Brussels, he urged Western industries and businesses to implement deterrence measures.

“If we can make sure that all crucial services and goods can be delivered no matter what, then that is a key part of our deterrence,” Bauer argued.

“Businesses need to be prepared for a wartime scenario and adjust their production and distribution lines accordingly. Because while it may be the military who wins battles, it’s the economies that win wars,” the NATO official said. He mentioned China and Russia in the context of how he believes wars are waged in the economic sphere.

“We thought we had a deal with Gazprom, but we actually had a deal with [Russian President Vladimir] Putin,” he stated, apparently referring to the drop in Russian gas supplies to the EU, which took place after the escalation of the Ukraine conflict in 2022.

At the time, the EU declared that ending its reliance on Russian energy was a key priority, and many members voluntarily halted their imports, while supplies also plunged due to the sabotage of Russia’s Nord Stream pipelines.

American Pulitzer Prize-winning journalist Seymour Hersh blamed the sabotage on the CIA, alleging that the agency had carried out the attack under the direct orders of the White House – an allegation it has denied.

Bauer then extended his warning to China, claiming that Beijing could use its exports to NATO states and the infrastructure that it owns in Europe as leverage in the event of a conflict.

“We are naive if we think the [Chinese] Communist Party will never use that power. Business leaders in Europe and America need to realize that the commercial decisions they make have strategic consequences for the security of their nation,” the official claimed.

It is unclear what “wartime” Bauer is predicting in his statements.

NATO has long declared Russia to be a direct threat, and Western officials have repeatedly claimed that if Moscow is allowed to win the conflict in Ukraine, it could then attack other European countries. Russia has dismissed these claims as nonsense. Restrictions that Moscow introduced in trade with the West have largely come in response to unprecedented economic sanctions placed on the country in connection with the Ukraine conflict.

Beijing has also faced its share of trade barriers and restrictions introduced by Western states, and introduced similar measures in response. According to most experts, including many in the West, the sanctions policy has backfired on Western economies, leading to supply shortages and inflation.

November 25, 2024 Posted by | Economics, Russophobia, Sinophobia | , , , , | Leave a comment

Russia: Comprehensive deal with Iran will include defense, security ties

Press TV – November 24, 2024

Russia’s deputy foreign minister says the treaty on a comprehensive strategic partnership between his country and Iran will include cooperation in the defense and security sectors.

Speaking to Russia’s TASS news agency on Sunday, Andrei Rudenko said he would not disclose the details of the agreement that is expected to be signed in the near future.

“I would only note [that] it will meet challenges and requirements of our time and cover almost all current and promising spheres of Russian-Iranian cooperation, including defense and security,” he added.

In 2001, Tehran and Moscow signed a long-term cooperation deal, officially known as the Treaty of the Foundation of Mutual Relations and the Principles of Cooperation. It was initially set for 10 years but was extended up until 2026.

Now, the two capitals are making final arrangements for the comprehensive partnership pact, which may determine their bilateral ties in all fields for the next 20 years.

Russian Foreign Minister Sergei Lavrov has announced that his country will sign a strategic partnership agreement with Iran “in the near future.”
Rudenko emphasized that the nature of Iran-Russia interactions has notably changed over the past two decades.

“We are closely coordinating approaches with our Iranian friends and take necessary measures to strengthen peace and security” in the region, he added.

Last month, Iran’s Ambassador to Russia Kazem Jalali said the strategic partnership treaty would be signed during Iranian President Masoud Pezeshkian’s visit to Moscow. The date of this visit has yet to be decided.

Iran and Russia are both subject to illegal Western sanctions. They have over the past years deepened their relations in various fields, including military and defense, and become close allies.

November 24, 2024 Posted by | Economics, Militarism | , | Leave a comment

At COP29, Officials Want To ‘Trump-Proof’ Their Green Funding With Global Climate Tax

By Nick Pope | Climate Change Dispatch | November 21, 2024

Foreign government officials attending the ongoing U.N. climate change summit are advocating for de facto global climate taxes to fund green energy development in poor countries ahead of President-elect Donald Trump’s return to the White House, according to Financial Times. [emphasis, links added]

Officials from countries including France, Spain, and Kenya are pushing to plan so-called “solidarity levies” on various industries at this year’s conference so that a more developed version of the scheme can be presented at next year’s get-together in Brazil, FT reported.

The idea is to settle on a plan that would raise $100 billion or more annually to fund climate-related efforts in developing countries by imposing de facto taxes on the shipping and aviation industries, and possibly other sectors as well.

Past discussions on the issue of providing climate cash to poor nations have been fraught, and Trump — who pulled out of the U.N.’s Paris Climate Agreement in his first term and is primed to do so again — generally opposes routing money to other countries in the name of climate change, so attendees at this year’s summit are getting creative about finding sources of funding, according to FT.

Besides the shipping and aviation industries, cryptocurrency trades, fossil fuel production, plastic producers, billionaires, and financial transactions could possibly be subject to the “solidarity levies” scheme.

In fact, it is not even clear that the funding generated by the “solidarity levies” would even go directly to poor countries, as officials from some nations have suggested that the money should go to the shipping industry to help it with its decarbonization push, according to FT.

The shipping industry’s commitment to cutting emissions is putting more pressure on the aviation industry, which is itself pointing to the oil and gas industry to cough up more money.

Many major airline companies are already party to a global carbon offset pact reached in 2016, but that system is not meant to generate revenues that can then be repurposed, according to FT.

The task force assessing the “solidarity levies” concept is eyeing options for building upon duties on plane tickets already in place in 21 countries, which they think could raise as much as $164 billion annually.

November 24, 2024 Posted by | Corruption, Economics | | Leave a comment

Hungary slams US for destabilizing regional energy security

RT | November 23, 2024

Washington’s decision to blacklist Russia’s Gazprombank, a key conduit for gas purchases from Russia, is aimed at undermining energy security in the Central European region, Hungarian Foreign Minister Peter Szijjarto has claimed.

Earlier this week, the US Treasury Department imposed blocking sanctions on more than 50 Russian financial institutions, including Gazprombank, linked to the eponymous Russian gas giant, and six of its international subsidiaries.

The newly introduced restrictions effectively cut off Russia’s primary bank for energy-related transactions from the SWIFT interbank messaging system, meaning it can no longer conduct dollar-based transactions.

“Including Gazprombank to the sanctions list is a decision that deliberately puts some Central European countries in a difficult situation, and deliberately jeopardizes the security of energy supplies” to several nations in the region, Szijjarto wrote on Facebook on Friday.

The Hungarian diplomat stated that any attempts to jeopardize energy supplies to Hungary “either by imposing sanctions or by cutting off transit supplies are considered as an offence against our sovereignty.”

“We reject all the attacks of the kind against our sovereignty, resist the pressure, and pursue our national interests,” he said.

Szijjarto added that he discussed the issue of gas supplies to Hungary with the first deputy head of the Russian Energy Ministry, Pavel Sorokin, on the sidelines of the Istanbul Energy Forum, which convened in Türkiye on November 22.

“We reviewed the situation in the field of gas transportation and confirmed that we will support necessary cooperation for secure energy supplies to Hungary,” he stated.

Budapest is also discussing the situation with the energy ministers of Türkiye, Azerbaijan, Bulgaria, and Serbia, and consulting with Slovakia to find a solution for securing energy supplies, Szijjarto added.

EU nations are still purchasing record volumes of liquified natural gas (LNG) from Russia. Despite the bloc’s plans to eliminate its dependence Russian energy, it remains one of the world’s major importers of Russian fossil fuels.

In August, pipeline gas comprised the largest share of the EU’s purchases of Russian fossil fuels (54%), followed by LNG (25%), according to the Center for Research on Energy and Clean Air (CREA).

November 23, 2024 Posted by | Economics, Russophobia | , , , , | Leave a comment

NATO Contraction – Part 23 of the Anglo-American War on Russia

Tales of the American Empire | November 21, 2024

Previous episodes of this series explained NATO’s senseless expansion that threatened Russia and caused a disastrous war in Ukraine. The plot to add Ukraine to NATO failed. As Russian troops advance to occupy all of Ukraine to secure it as a close ally, nearby nations may choose to join the prospering Russian led Eurasian Economic Union. Russia may encourage Ukraine’s neighboring nations to join its economic block with a return of Ukrainian land seized by the Soviets.

The loss of Eastern Europe would be a huge setback for the Anglo-American empire as members leave NATO and the EU to trade freely with Russia and China, or join a new Hungarian led Eastern Europe economic union that does not support EU and Anglo-American sanctions nor imperial adventures in Africa and Asia. This is likely to happen if Russian troops reach Ukraine’s western border to open the door to the east. As a result, the Anglo-American empire may risk World War III and send NATO troops into Ukraine to block further Russian advancement and halt a rebellion by its vassal states.

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“As EU Confirms Economic Punishments On China, U.S. Panics Over Impending Iran Oil Attack”; Sean Foo; YouTube; October 5, 2024;    • As EU Confirms Economic Punishments O…  

“Why EU’s Baltic States Feel the PAIN and MISERY From Their Sanctions on Russia”; SCO & BRICS Insight; May 28, 2024;    • Why EU’s Baltic States Feel the PAIN …  

“In Russia’s shadow: The Baltics wait for Europe’s strategic new railway”; Lisa Louis; BBC; November 10, 2024; https://www.bbc.com/news/articles/cx2…

Related Tale: “The American Colony Called Germany”;    • The American Colony Called Germany  

“How the US Forced Germany to Attack China (and Kill its Own Economy)”; Cyrus Janssen; YouTube; March 12, 2024;    • How America Destroyed the German Economy  

Related Tales: “The Anglo-American War on Russia”;    • The Anglo-American War on Russia   

November 23, 2024 Posted by | Economics, Militarism, Video | , , , , | Leave a comment

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