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Brazil not interested in Russia sanctions – ambassador

RT | December 4, 2023

Brazil does not recognize Western sanctions imposed on Russia and is instead looking to increase its business ties with the country, Brasilia’s ambassador to Moscow, Rodrigo de Lima Baena Soares, has said.

In an interview with the RBK news outlet posted on Monday, the diplomat noted that Brazil only recognizes sanctions issued by the UN Security Council, meaning it does not comply with restrictions imposed by some countries on Russia.

Brazil therefore has “normal trade relations” with Moscow and is focused on expanding bilateral commerce, Soares added.

He admitted that sanctions had created “a number of problems” regarding issues of payment, logistics, and insurance, but nonetheless stated that Russia-Brazil bilateral trade had reached record levels.

Given that some countries have stopped trading with Russia, Soares argued it is the ideal time to be “creative to take advantage of the opportunities we have,” suggesting that Russia and Brazil should work to further increase trade turnover.

Moscow has insisted that Western sanctions imposed in response to its military operation in Ukraine have not had the intended effect. Last month, Kremlin spokesperson Dmitry Peskov described the restrictions as “not so painful” for Russia and said they had backfired on those who introduced them.

Russian Foreign Minister Sergey Lavrov has suggested that EU companies have lost at least €250 billion (around $265 billion) due to Western sanctions on Moscow, arguing that even these figures were “very conservative estimates.”

December 4, 2023 Posted by | Economics | , , | Leave a comment

US-centric world ending – Kremlin

RT | December 3, 2023

The American-centric world is coming to an end, giving way to a new period of diversity in economics and other areas of international relations, Kremlin Press-Secretary Dmitry Peskov has said.

Peskov made the remarks on Friday, in response to an article in the Financial Times, in which US Assistant Secretary of State for Energy Resources Geoffrey Pyatt revealed that Washington was aiming to cut Russia’s oil and gas revenues in half by 2030. Pyatt, who served as the US ambassador in Kiev during the 2014 Maidan coup, also said that American sanctions against Moscow would stay in place “for years to come” – as long as it continues its military operation in Ukraine.

The Kremlin spokesman insisted that the restrictions by the US and its Western allies are not critical for Russia, as it has many other trading partners on the international stage. He told journalists that “the US might be the largest, but it’s not the only economy in the world. China is on the heels of US. There are also growing economies with their own needs for energy resources.”

“The world is much more diverse than the US. And therefore, the American-centric world is coming to an end and a period of diversity begins, including in international economic relations,” Peskov stressed.

According to the spokesman, the Russian authorities did not doubt that the American sanctions would remain “for years to come,” even before Pyatt’s statement. Moscow is taking this reality into account while planning its policies, he said, adding that there is “also no doubt that the US will continue to try pressuring Russia.”

The spokesman suggested that as a result of those “illegal” efforts, the Americans will be putting the whole system of world trade and economic relations under strain, “essentially destroying the existing format of those relations.”

Russia’s President Putin Vladimir Putin said that last month that “the development of a new and fairer world order based on the primacy of international law has been a prevailing trend” in recent years.

Earlier, Putin accused the West of “destroying the system of financial, trade and economic relations with their own hands” through their sanctions policies. However, he stressed that “real business cooperation” by other countries is leading to the emergence of a new international model “shaped not by Western standards [and] catering to the selected ‘golden billion,’ but all of humanity… and the developing multipolar world.”

December 3, 2023 Posted by | Economics, Russophobia | , , | Leave a comment

Tycoon urges Russia to meet US energy threats head-on

RT | December 3, 2023

Moscow should take the US threat to halve Russia’s energy revenues seriously, billionaire Oleg Deripaska said on Saturday. To make his point the businessman cited last year’s sabotage of the Nord Stream pipelines and a recent train derailment in Siberia.

The Russian aluminum magnate urged the government to focus on transport networks and port infrastructure in the country’s Far East, and the development of the North-South Transport Corridor in the Caspian region.

“Threats of blocking the Danish straits and the Bosporus have already been voiced,” Deripaska wrote on his Telegram channel.

“Russia is wholly up to the task of creating alternative routes via the Baltic and Turkish directions over four years,” he said, adding that the plan’s implementation should be monitored on a daily basis.

Earlier this week, a senior US official told the Financial Times that Washington would pursue its sanctions on Russian energy “for years to come” with the goal of halving Moscow’s oil and gas revenues by 2030.

On Wednesday, a freight train caught fire as it passed through the Bessolov Severomuysky tunnel, the longest in Russia, located in Buryatia. The incident was caused by an unidentified explosive device, Russian business daily RBK reported on Friday citing a local police source.

Russia’s Investigative Committee earlier opened an investigation into a similar incident, in which 19 freight cars carrying mineral fertilizers derailed on November 11 in Ryazan Region, around 200km southeast of Moscow. Later, the case was reclassified as a “terrorist act.” Earlier this week, law enforcement agencies reported the arrest of a man in relation to the attack, saying it had been carried out on behalf of Ukraine.

Several Western media outlets previously reported, citing an unnamed Ukrainian source, that operatives working for the Security Service of Ukraine (SBU) had detonated explosives in the rail tunnel in Siberia, targeting the route due to its alleged use for transporting military supplies.

In September 2022, the Nord Stream 1 and 2 gas pipelines, connecting Russia and Germany under the Baltic Sea, were sabotaged by explosions. Berlin has yet to identify the perpetrators of the attack, which Moscow claimed was orchestrated by US intelligence agencies. Meanwhile, several Western media outlets have suggested that the pipelines were blown up by Ukraine-linked saboteurs.

December 3, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , , | Leave a comment

New paper reveals the high cost of Biden’s green energy subsidies

Global Warming Policy Foundation | December 1, 2023

London – The Global Warming Policy Foundation has today published a quantified estimate of the full cost of financing the tax credits on offer to the major green energy industries under President Biden’s “Inflation Reduction Act”, adding to the public understanding of the economic hazards and financial risks the US economy faces as a result of this scheme.

The study confirms earlier estimates that direct spending under the IRA will amount to about $1 trillion over the next 10 years, but adds to our understanding of the macroeconomic effects of the policies by estimating the cost of financing these tax credits through deficit spending, the likeliest route to be taken by the White House.

The study estimates that the combined total of the Investment Tax Credits and accompanying financing costs for wind and solar energy alone easily could approach $2 trillion or more, especially as rising U.S. deficits lead to higher interest rates.

Viewed as a job creation scheme, one of the key rationales cited for offshore wind development, the study estimates that the IRA will cost US taxpayers an average of about $2.3m per job per year.

Spending on this scale is far larger than that in the Great Depression but, by contrast, is directed at low productivity and sub-optimal assets, especially wind and solar generation.

The opportunity costs of this spending for the United States and its people will be devastating, as government intervention crowds out superior private investment and leads to much higher energy costs for American consumers, both of which will cause reduced economic growth, unemployment, and lower living standards.

Dr John Constable, the GWPF’s Energy Editor, said:

“Dr Lesser’s study shows that the impact of the borrowing needed to support malinvestment under the IRA is large enough to affect the credit rating of the United States and the cost of borrowing for other purposes, with important geopolitical consequences. The sooner this ill-advised scheme is terminated the better.”

Dr Jonathan Lesser, author of the study, said:

“It is impossible to subsidise one’s way to greater economic growth. Eventually, the IRA’s profligate spending on costly, but low-value, green energy will collapse under its own weight. The unanswered question is how high an economic and social price will US politicians force the public to pay for this folly before that occurs?”

December 2, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | | Leave a comment

Michelin to cut production in crisis-hit Germany

RT | November 29, 2023

French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, the company announced in Frankfurt on Tuesday. Competition from lower-wage nations and soaring energy prices have made production in Western Europe unprofitable, according to a statement.

Michelin plants in Karlsruhe and Trier will be fully shut down and some products at its site in Homburg will be discontinued. The decision will affect 1,410 employees in total. The Karlsruhe factory, Michelin’s oldest in Germany, was founded in 1931.

A further 122 jobs will be axed at the customer contact service in Karlsruhe, which will be moved to Poland, the company said. The operation supports clients in Germany, Austria, and Switzerland, an area where Michelin employs some 8,000 people, according to its website.

“The commitment of our employees, the progress made within the company and the investments made in recent years in the affected activities can no longer compensate for the strong competitive pressure,” Maria Rottger, president of Michelin’s Northern Europe region, explained.

German trade union IG BCE said it will not “simply accept” the plans and will look for alternative solutions.

The firm noted that “recent health and geopolitical crises” had pushed up operating costs, putting “additional strain on Germany’s competitiveness as an industrial location.”

Germany has grappled with increasing economic problems since the EU chose to no longer buy cheap natural gas from Russia in response to the Ukraine crisis. The decoupling was reinforced in September 2022, when explosions sabotaged the undersea Nord Stream pipelines which delivered Russian fuel directly to Germany. Berlin has yet to identify the perpetrators of the attack, which Moscow claimed was likely masterminded by the US.

Some German politicians are urging the government to reconsider its antagonistic stance towards Russia, citing the economic damage their nation has suffered.

“The economic sanctions are hurting us more than Russia,” Klaus Ernst, an MP from The Left party, said on X (formerly Twitter) on Monday.

“The result is skyrocketing energy prices, a sharp decline in production in the energy-intensive industry and a shrinking economy in Germany,” he added, calling for energy supplies to be ramped up, including from Russia, in order to rein in prices.

Earlier this year, US tire maker Goodyear revealed plans to shut down two factories in Germany, which will cut around 1,750 jobs. As part of its rationalization plan in Europe, the Middle East, and Africa, it will permanently close its facilities in Fulda and Furstenwalde.

November 29, 2023 Posted by | Economics, Russophobia | | Leave a comment

US military aid to Ukraine may be postponed until after 2024 elections

By Ahmed Adel | November 29, 2023

Members of the US Congress fear that if a military and financial aid package for Ukraine cannot be agreed before Christmas, it could be delayed until after the 2024 presidential elections, which take place in the distant November. The Economist notes that due to this funding uncertainty, “now America has become one of Ukraine’s greatest worries” since Washington has been “Ukraine’s greatest saviour as it marshalled arms, money and more to help” to fight Russian forces.

According to the London-based outlet, “the longer the delay, the more the Republican and Democratic parties will “become consumed by election fever.”

“If there is no deal before Christmas, some in Congress worry, a fresh allocation of aid may be delayed until after the elections in November 2024,” the Economist reported, citing a source in the US Senate, who added that if Donald Trump was to be elected president, funding could stop completely.

Ukrainian officials fear that without American support, Kiev’s allies in Europe could lose heart, with the magazine highlighting that Ukraine is trying to boost its defence industry, which was famous during the Soviet era but has been badly neglected since.

“No matter how much we grow local production, we would be hugely dependent on Western partnerships,” admitted a senior official in Kiev.

Another Ukrainian source cited by the Economist said, “In the spring the flow of military supplies was a broad river. In the summer it was a stream. Now it is a few drops of tears.”

Without US and Western funding, Ukraine’s collapse would be imminent since this was the decisive factor in why the eastern European country’s military has survived for as long as it has. The situation is so dire that the Ukrainian Ministry of Economy and the National Bank believe that Ukraine’s GDP is expected to reach pre-crisis 2021 levels only in 2030.

Ukraine’s GDP dropped 29.1% last year, falling from 5.5 trillion hryvnia to 3.8 trillion hryvnia at constant prices, considering 2021 as the base year. With an average annual growth rate of 4.8%, the Ukrainian economy will reach pre-crisis levels only in 2030, when GDP will reach 5.6 trillion hryvnia at 2021 prices.

In comparison, the International Monetary Fund expects an average growth of 4.3% per year for the Ukrainian economy from 2025 to 2028.

Meanwhile, the Russian economy, which contracted 2.1% last year to 132.5 trillion rubles in 2021 prices, is forecast to grow 2.45% this year, reaching a GDP of 135.7 trillion rubles. Despite the sanctions, this value represents approximately 445 billion rubles more than recorded before the crisis.

Evidently, the sanctions against Russia have failed whilst Ukraine continues to struggle. Yet, despite this reality, the Biden administration is adamant about maintaining sanctions and financing Ukraine and is only blocked from doing so because of the strong opposition in Congress.

Biden’s unrelenting yet failed Ukraine policy will likely be his undoing since his popularity continues to plummet in the polls.

The latest Morning Consult poll, updated on November 27, had Biden’s approval rating at 38% and his disapproval rating at 55%. According to FiveThirtyEight’s average of all polls, Biden’s approval rating sat at 39%, with 54.7% disapproving.

The New York Times/Siena College polls at the beginning of November showed Trump ahead of Biden in four of the six swing states. Still, more indicators of the president’s electoral peril soon followed. Biden’s popularity in head-to-head matchups with Trump is dwindling, as seen in the fact that among the latest surveys this month from 13 separate pollsters, Biden’s position is worse than their previous polls in all but two.

As Politico highlighted, “And while polls suggest most of the movement comes from voters abandoning Biden — who might become undecided but not swing to supporting Trump — the Republican has also started to gain steam. Trump’s vote share in the national polling average is higher now than at any point in the past year.”

A massive reason for the swing in popularity between Biden and Trump is their respective positions on the Ukraine war. Trump has claimed he can end the conflict in 24 hours, and even though this is doubtful, it points to the fact that he wants to wrap up this war quickly. Biden, on the other hand, not only instigated the start of the war but is attempting to continue it for as long as possible, even at the expense of the American taxpayers who are already struggling with the cost of living.

If funding of Ukraine is discontinued until at least November 2024, Moscow will likely have ended the war by then after achieving their goals and will be ready to start engaging in slow normalisation efforts with Washington – if Trump were to be elected. And even if Congress eventually approves a new aid package for Ukraine, it will only merely delay for a short duration Russia’s final victory.

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

November 29, 2023 Posted by | Economics, Militarism | , | Leave a comment

Israel’s Greatest Failure: Hamas Stays and More Popular than Ever

By Robert Inlakesh | Covert Geopolitics | November 28, 2023

After repeatedly rejecting a truce with Hamas and labeling the idea “ridiculous”, Israel agreed to a four-day cessation of hostilities in Gaza and a prisoner exchange.

Six weeks of death and destruction, which Israeli and Western leaders declared should have led to the destruction of Hamas, have now bolstered the Palestinian movement’s image throughout the Arab world and beyond.

The four-day truce that was implemented this Friday provided a sigh of relief for those most affected by the war in the Gaza Strip, but has in many ways spelled disaster for the Israeli government. As women and children, held captive by both Hamas and Israel, are being reunited with their families, the threat of further warfare looms.

Although the loved ones of those released are now celebrating, the next steps will be crucial in determining the final outcomes of the 46-day battle that has now been placed on pause. At this time, it appears that the idea that Hamas must go is no more than a pipe dream.

On October 27, the United Nations General Assembly passed a resolution to the sound of overwhelming applause, calling for a truce to stop the fighting in the Gaza Strip. Although the non-binding resolution passed with a majority of 120 votes in favour, Israel and the United States outright rejected it.

Tabled by Arab nations, the call for a truce was labeled as a defense of Nazi terrorists by Gilad Erdan, Israel’s ambassador to the UN. This came after Hamas released four Israeli civilian hostages without conditions, for what the group said were humanitarian reasons.

Israeli Prime Minister Benjamin Netanyahu and others in his emergency war government, have repeatedly stated their goal of crushing Hamas and allied Palestinian armed groups in Gaza, refusing to negotiate with them.

The six-week-long aerial bombardment of densely populated civilian areas in the besieged Palestinian enclave, which also morphed into a ground war, has claimed over 20,000 lives according to some estimates, but failed to eliminate Hamas.

In fact, Israeli forces have not been able to show a single significant military achievement against the Palestinian armed groups. While Hamas claim to have struck 355 Israeli military vehicles during the past two weeks of fighting, publishing video evidence of dozens of attacks, Israeli forces have failed to assassinate senior leaders of Hamas, to free hostages by force, uncover major tunnel networks, or even publish proof that they have killed a significant number of Hamas fighters on the battlefield.

According to the Calcalist financial newspaper, the Gaza war was estimated early on to cost around $50 billion, roughly 10% of Israel’s GDP. In addition to this, the Israeli military has reportedly suffered losses in intelligence and monitoring equipment along their northern border, due to attacks carried out by the Lebanese group Hezbollah.

Yemen’s Ansarallah also seized a ship in the Red Sea, owned by an Israeli businessman, which has severely impacted trade through the southern port city of Eilat. This is not factoring in the inevitable long-term effects on things like Israel’s tourism sector or investment in its high-tech industry.

On top of this, we have seen immense pressure being placed upon US forces throughout Syria and Iraq, with daily attacks occurring against their military facilities, for the sole purpose of pressuring Washington to force an end to Israel’s attacks on Gaza.

Across the Arab World, the general public is also boycotting Western products on an unprecedented scale, in particular companies like McDonalds that have shown support for the Israeli army.

The blatant double standards of the collective West’s political and economic elites, as well as the establishment media, are also being severely criticized, as the likes of the BBC are feeling the heat for biased reporting on the issue of Palestine-Israel.

Instead of facing the wrath of the whole world and getting crushed, Hamas has not only survived, but is becoming more popular. While US President Joe Biden’s administration provided excuses for Israel’s invasions and bombings of hospitals in the Gaza Strip, claiming that Hamas has maintained a significant presence in places like the recently-raided al-Shifa Hospital, the world has risen in outrage against the atrocities Israel has committed in the Palestinian territory.

UN relief chief, Martin Griffiths, has called the humanitarian catastrophe in Gaza the worst ever,” and it’s seen as a direct result of the US having drawn no red lines for Israel’s behavior in Gaza.

Meanwhile, Hamas scores victory after victory, from a guerilla warfare and political perspective, while its military capabilities appear to have been undiminished so far.

The Qassam Brigades, the armed wing of Hamas, that launched their attack on Israel on October 7, have managed to shift the world’s attention back onto the issue of Palestine, have freed political prisoners held in Israeli detention, while inflicting blow after blow against one of the most powerful military forces in the world.

Since the Kerry Peace Plan, which was a failed initiative set forward under the administration of Barack Obama, the US government has not made any real effort towards creating a viable Palestinian state.

In fact, until October 7, nobody was talking about a Palestinian state, the focus was instead on the issue of Saudi-Israeli normalization. It was clearly the shared belief of the Israeli and US governments that Hamas could be contained with the periodic issuance of Qatari aid grants, while the Palestinian Authority was to be strengthened only to deal with a number of militias that have formed in the West Bank over the past two years.

Today, the whole world is talking about the formation of a Palestinian state. There is also the notion of bringing the Palestinian Authority into power in the Gaza Strip, which would essentially mean the lifting of the 17-year economic blockade that the West has imposed on it. The issue of protecting the status-quo at Al-Aqsa Mosque in Jerusalem is also on the regional agenda in a serious way, while the government of Benjamin Netanyahu veers towards collapse.

If Israel and its Western backers choose to escalate the conflict further instead of finding a peaceful settlement, the war threatens to extend into a broader regional conflict; a threat to the stability of all nations involved. The pursuit of a ceasefire agreement can usher in a new era in the conflict, one in which Hamas will remain.

Peace is in the interests of the entire region, we have seen what the Israeli army has to offer and it has not resulted in the defeat of Palestinian armed groups, it has only scored a blow against civilians in Gaza.

This will be a hard pill for the Western governments to swallow, but the only solution to safeguarding civilian life and securing the release of all prisoners, will be through a peaceful resolution, not through more violence.

Israel has been unable to achieve any meaningful victories against the Palestinian militants.


Robert Inlakesh is a political analyst, journalist and documentary filmmaker currently based in London, UK. He has reported from and lived in the Palestinian territories and currently works with Quds News. Director of ‘Steal of the Century: Trump’s Palestine-Israel Catastrophe’. Follow him on Twitter @falasteen47

November 28, 2023 Posted by | Economics, Ethnic Cleansing, Racism, Zionism, Progressive Hypocrite, Solidarity and Activism | , , , , | Leave a comment

After Hungary rejects billions in aid to Ukraine, European Council President flies to Budapest to meet with Orbán

Magyar Nemzet | November 28, 2023

European Council President Charles Michel flew to Budapest on Monday in an attempt to smooth over current disagreements with Hungary, reports daily Magyar Nemzet.

On the European Council agenda, there are three summits in December: one with China on Dec. 7, one on the Western Balkans on Dec. 13, and on the heels of the second, the European Council proper summit from Dec. 14 to Dec. 15. This last is the one that will be the most critical, with aid to Ukraine and the country’s potential EU membership topping the agenda.

Neither side revealed details of the two-hour meeting: Prime Minister Viktor Orbán only posted a handshake image with Michel, with the laconic text: “Useful consultations ahead of the December EU summit with the president of the European Council.”

However, political analyst Zoltán Kiszelly told daily Magyar Nemzet that the meeting probably revolved around a letter from Viktor Orbán, in which the prime minister wrote that until a strategic evaluation of aid to Ukraine is carried out, his country is not ready to make new commitments.

“So, we should not rush into Ukraine’s admission negotiations or the €50 billion loan without an impact assessment, and the heads of state and government who make the fundamental decisions have not discussed this,” Kiszelly said.

According to him, Michel knows that if the strategic debate were to take place and the case studies were to be carried out, it would become clear that Kyiv cannot even account for the €85 billion it has so far spent on Ukraine. It would also turn out that, in the case of membership, Ukraine would take everything in agricultural or cohesion aid and most EU member states would become contributors.

“This is what Brussels wants to avoid,” Kiszelly said.

“The more details the European public learns, the less they would support Brussels’ ambitions. And we see everyone from Dutch farmers to Polish truckers protesting against Ukraine. The Brussels elite is imposing the consequences of its decisions on the people of Europe,” he added.

The European Commission is racing to push Ukraine into the EU, and disburse ever higher sums of money to a non-EU member state. Hungary, in turn, has been denied €10.4 billion in EU recovery funds that had been earmarked for the country over alleged rule of law violations.

November 28, 2023 Posted by | Economics | , , | Leave a comment

Three hundred thousand Israelis have fled abroad since 7 October

By Gilbert Doctorow | November 27, 2023

The opening discussion on yesterday’s edition of Sunday Evening with Vladimir Solovyov centered on the number of Israelis who have fled abroad since the start of the Israel-Hamas war. The host quoted the figure 300,000 and put it into a context that is very closely watched in Russia: how many of their own compatriots fled abroad in the first year of the Special Military Operation in Ukraine, most of them in the days immediately following the announcement of a partial mobilization in September of that year.

The flight of several hundred thousand Russians abroad was trumpeted by mainstream Western media, which even sent journalists to remote places in Kazakhstan and Georgia to interview the draft-dodgers. We were told that the young Russians who fled were highly concentrated in IT and that their loss would do irreparable harm to Russian industry and to the war effort. These young men at the start of their professional careers tended to move to the Near Abroad, where they hoped to find employment easily given the universal demand for their technical skills and where they could receive remittances from their parents and friends via the existing banking system, whereas in the West they would be cut off from such sources of funds.

Both at the very start of the Ukraine war and in smaller numbers straight up to this past summer, there were also high visibility Russians in the business world, in the creative arts and especially in the entertainment industry who moved out of Russia to express their disapproval of the Putin ‘regime’ and its armed aggression.  Some were quiet about their motives, but others spoke out openly, saying they could no longer live in a country that invaded its neighbors and violated international law. This group was older, wealthier than the IT nerds and chose to move out into the greater world where they might continue to enjoy the creature comforts to which their money made them accustomed. Since London and Paris were longer welcoming to Russians of any and all stripes, a good many chose to settle in Israel, both Jews and non-Jews alike. Russia has a visa free regime with Israel and many direct daily flights to Tel Aviv. Other well-to-do Russians moved to Dubai.

As for the first group of Russian ‘war exiles,’ most were disappointed by the professional opportunities they found in the former Soviet republics. Pay was low, the cost of housing was high and rising with each additional refugee arrival looking to rent. Meanwhile, back in Russia it became clear that there were exemptions available for really talented programmers and the likelihood of any further conscription was minimal now that more than 400,000 Russian men were volunteering for military service out of both rising patriotism and very attractive monetary rewards for service in the combat zone. As a result, a great many of the draft dodging young men slowly and quietly packed up and moved back to Russia.

For the second group of Russians, the stars and wealthy, the onset of the Israel-Hamas war put them in a most awkward situation. The Financial Times was quick to alert us that on 8 October Alfa Bank founder Mikhail Fridman, who had left his London mansion and a good part of his frozen-assets fortune behind to resettle in Israel earlier this year, had taken the first available flight out of Israel and flew back to Moscow, for a ‘temporary’ respite. Abrupt departure from Israel was also the path taken by the aging star Alla Pugacheva, another rather recent ‘settler’ in Israel, ostensibly there for medical treatment at the spas. Pugacheva flew out to Cyprus. We may assume that high-living Russians constituted a significant minority share of the 300,000 folks who fled Israel for safer climes at the start of the war. Hence the particular interest in the subject among Moscow’s chattering classes.

This entire issue of what Russia media today amusingly call the релоканты, ‘relocators’ in English, touches a deep chord among the opinion leaders who appear on the Russian talk shows. We may assume that the topic also figures large when ordinary Russians in Moscow and elsewhere break bread together.

Should these people upon their return be shipped out to Magadan, where the Russian Far East meets the Pacific ocean, best known as a transit hub in the Stalinist gulags? None other than Chairman of the Russian State Duma Vyacheslav Volodin publicly proposed this fate for them. But Volodin had in mind only those who used their time outside Russia to defame the country, not those who quietly sipped their champagne in restaurants by the sea in Tel Aviv.

No doubt kitchen talk in Russia runs close to what Solovyov says on air: that Russian cultural leaders who moved abroad in protest at the bestial nature of their homeland, like the celebrated authors Lyudmila Ulitskaya or Vladimir Sorokin, must be eating their words as they witness the utter brutality of the Israeli Defense Forces pursuing their atrocities in Gaza.

Coming back to the figure of 300,000 Israelis who have fled the country since the start of the war, Solovyov noted, with justice, that if you project the ratio of these turncoats to the general Israeli population of 9 million onto Russia, with its 145 million plus inhabitants, then the number of Russians who fled after 22 February 2022 would have been 4.5 million, while the actual numbers of Russians were between 10 and 15 times less. His inescapable conclusion is that Russians are far more patriotic than Israelis are.

The rest of the Sunday night program was largely devoted to fleshing out the argument that Russians have been far too self-deprecating, far too unappreciative of their own strength and their own achievements since the start of the war in Ukraine. The ability of the country within the scope of two years to institute a war economy that has increased many fold the output and delivery to the front lines of latest technology tanks, artillery, kamikaze and surveillance drones, fighter jets is very impressive, especially when set out in detail by a military expert, a retired Lieutenant General who was a panelist on the show. The ability of Prime Minister Mikhail Mishustin and his cabinet to manage the domestic civilian economy was also hailed. Russia is now feeding itself from a vastly strengthened agribusiness sector and is steadily expanding the array of consumer products produced at home, while importing from China and elsewhere in the East other products, including more than half of all new cars sold in Russia, that are often of higher quality and carry price tags way below what had been imported from Europe before the war.

For reasons that will not surprise attentive readers, none of these achievements gets much attention in Western media. However, the Chinese are watching closely. A delegation of Russian parliamentarians who went to Beijing this past week in an annual visit was exceptionally received by Chinese President Xi, who according to protocol, does not meet with foreign legislators. Russian output in Q3 of this year reached 5% growth. That matches the relatively low pace of the Chinese economy this year. But for Russia it is a new high in this millennium. The open question on the Solovyov show was how to emulate the Chinese model of relations between the central bank and the government in order to sustain financing of the economy needed to continue at this pace and not have a relapse to 1.5% annual growth, which is the scenario being prepared by the bank director Nabiullina. This is an issue in Russian political discourse that will not go away.

©Gilbert  Doctorow, 2023

November 27, 2023 Posted by | Economics, Progressive Hypocrite | , | Leave a comment

Beijing’s Coal Boom Is Here to Stay

By Vijay Jayaraj | Real Clear Energy | November 20, 2023

News of record installations of so-called renewable energy electric generation in China may have kindled the hopes of those supporting the “green” agenda and hostile to fossil fuels. However, China is in no position to give up hydrocarbons, particularly coal.

During the first half of 2023, China approved 52 gigawatts (GW) of new coal power, which was more than all the approvals issued in 2021. These new approvals are in addition to the 136 GW of coal capacity that are already under construction. Together, these new plants represent more than 67% of all new approvals in the world.

Why is China doing this despite climate pledges? And what does the future hold?

Turning Away from Paris One-Step at a Time

Nearly all countries signed the historic Paris Agreement in 2015, which set aggressive goals to keep global warming below 2 degrees Celsius over pre-industrial levels. The assumption was that reducing carbon dioxide emissions from burning fossil fuels would halt future warming deemed as catastrophic.

As part of this accord, China, the largest greenhouse gas emitter in the world, agreed to reach carbon neutrality by 2060 and peak its emissions of carbon dioxide by 2030. Many praised these promises, celebrating China’s apparent acceptance of its supposed responsibility to address the climate issue.

But these promises are at odds with reality. China’s economy is mostly based on fossil fuels, which are the most affordable, abundant and dependable energy source. At 159 exajoules, China’s primary energy consumption in 2022 was the highest in the world and 40% more than that consumed the U.S. — the second largest user.

Last year, 82% of the total energy consumed by China came from coal, oil and natural gas. Wind and solar, despite significant investments by Beijing, represented just 7% of all energy consumed in 2022.

Coal remains the linchpin of China’s energy infrastructure and economic vitality. According to the National Bureau of Statistics of China, coal consumption increased by more than 4% in 2022. Coal imports in August 2023 were the highest since 2015. China is ramping up its import from Russia and Australia and continues to increase imports from Indonesia, which is its main supplier.

Tsvetana Paraskova of OilPrice.com writes, “China is mining record amounts of coal and also importing record volumes of coal as it looks to boost its energy security.” This growing appetite for coal is inevitable given the huge demand from the power sector and industry in general.

Demand from Industries to Increase Coal Demand

Over 1 billion tons of crude steel are produced in China each year, accounting for over half of global steel output. The Chinese steel industries—over 90% of them—use coal-based processes.

Despite introducing in 2021 a policy to curb emissions of carbon dioxide, Beijing has yet to announce any cap for steel production. S&P Global believes that there will “be no mandatory steel output cuts this year.” The crude steel output in 2023 is to exceed 2022 levels.

According to the Centre for Research on Energy and Clean Air, “Chinese steel firms are making significant investments in new, coal-based steelmaking capacity.” To put this in context, China’s approval of new steel capacity per year is twice that of the entire capacity of the German steel industry.

Like steelmaking, the manufacturing of cement is energy intensive, with coal accounting for up to 85% of the energy used in the process. China is the world’s largest producer and consumer of cement.

According to analysts, “China consumes as much cement every two years as the U.S. did over the entire 20th century.” Cement production is projected to increase further in coming years, and high demand will possibly last for decades.

In short, China’s security and economic growth depend on satiating the country’s colossal appetite for fossil fuels. Western politics around a non-existent climate crisis won’t change that.

Vijay Jayaraj is a Research Associate at the CO2 Coalition, Arlington, Virginia. He holds a master’s degree in environmental sciences from the University of East Anglia, U.K.

November 25, 2023 Posted by | Economics | | Leave a comment

A hard truth about the Russia-Ukraine conflict is finally dawning on the West

By Tarik Cyril Amar | RT | November 24, 2023

On November 16, the Wall Street Journal, one of the most prestigious and influential American media outlets, published an essay under the title “It’s Time to End Magical Thinking About Russia’s Defeat.”

The authors, Eugene Rumer and Andrew S. Weiss, are influential representatives of America’s national security and international relations establishment. After a career in government service, Rumer now directs the Russia and Eurasia program at the Carnegie Endowment for International Peace; Weiss is Carnegie’s vice president for studies. This is an important text, and both its message and the timing of its publication matter.

The message is simple: “Putin” (by which they mean Russia) has “withstood the West’s best efforts” to roll back the military operation against Ukraine; Moscow’s political system has proven resilient and even become stronger; and “America and its allies” must now switch to a strategy of “containment.”

The timing is more complex. Clearly, the current Israeli war on Gaza – referred to as “tumult in the Middle East” – is one of three key factors. The other two are the approaching presidential elections in the US, and, of course, the failure of Ukraine’s summer counteroffensive, by now acknowledged even in gung-ho outlets such as the British Daily Telegraph.

In addition, America’s hold over the non-Western majority of humanity is continuing to decline. China, in particular, is successfully resisting Washington’s pressure. Domestically, President Joe Biden’s government faces tough headwinds from both the official Republican opposition and a growing movement in the American street, where widespread and deep dissatisfaction with politics and the economy is now combining with an unprecedented groundswell of protest against US complicity in Israel’s genocidal war on the Palestinians.

American polls are unambiguous. In September, even before the Middle East crisis, the Pew Research Center found that “Americans’ views of politics and elected officials” are now unusually and “unrelentingly negative, with little hope of improvement on the horizon.” By now, a majority of Americans also contradict the Biden administration – and the rest of almost the whole bipartisan political establishment – by wanting a cease fire in Gaza, while the number of those supporting Israel is decreasing quickly and significantly.

Against this background, this Wall Street Journal article clearly serves as an authoritative call for retrenchment. The object of this signal to retreat is the proxy war in Ukraine, that is, the single most aggressive, most risky, and most defeated US foreign policy strategy in the past two years (if we count from the moment Washington recklessly decided to stonewall Moscow’s clear warning as well as its urgent offer to find a grand bargain-style off-ramp in late 2021).

So far, so telling. But not surprising. For two reasons: the turn away from Ukraine is already fairly old non-news. Even mainstream media spotted the onset of a severe, probably terminal, bout of Ukraine fatigue well before the eruption of the fresh war in the Middle East. Secondly, the skeptical insights now given prominence in the Wall Street Journal as reasons to wrap up its proxy war investment in Ukraine are very old hat indeed. As a matter of fact, the most interesting question the essay – inadvertently – raises is what took you so long?

It would be tedious to address every point raised now in the Wall Street Journal. But since they all have in common that they have been predicted or were utterly predictable, a few highlights will do.

We learn, for instance, that the West’s attempts to isolate Russia have failed. Yet how hard was it to foresee that the Global South has no reason to follow the West except fear, and that fear is abating? And was it impossible to know in advance that China would answer “No, thank you very much,” when the US and the EU did two things at the same time: urge it to abandon Russia, which would have meant giving up Beijing’s single most important partnership, and signal that China would be next to be cut down to size? China, in essence, initially gestured a little in the direction of distancing itself from Russia, but the strategic fundamentals of the situation determined its real behavior and have become explicit by now. This outcome was predicted, not by every expert but by enough of them to matter.

We are also reminded that this is a war of attrition, i.e. one favoring Russia by its very nature. Even on CNN, we heard that much as early as April 2022, and the militantly Atlanticist Economist magazine admitted it in a backhanded way (using the euphemism “war of endurance”) in September.

Every war is a matter of competitive military performance. But in a war of attrition, three fundamental things matter the most: the size, productive and technological capacity, and resilience of the economy; the stability of the political system, including its real-life popularity and the elites’ legitimacy; and, of course, demography. The Wall Street Journal observes that Russia’s economy has “been buffeted but is not in tatters” (really understating its success, but let’s not quibble) and that its political system draws on “solid” popular support and elites that have neither rebelled nor deserted.

In the West at least, this was harder to predict. Not because of Russia being so difficult to decipher, but due to Western bias and groupthink, or, bluntly put, wishful thinking. Even before the post-February 2022 Ukraine war, Western politics, media, think tanks, and even academia have rewarded unrealistically pessimistic assessments of both Russia’s economy and political stability. Consider, as a pars pro toto, Western reactions to the Wagner rebellion in June. Quite a few of them predicted the imminent collapse of Russia into anarchy and civil war or, at least, a great and lasting domestic and international weakening of Russia. Yet none of this has come to pass.

The importance of this comprehensive, almost total failure of analysis and prediction lies in how typical it was, reflecting a dominant culture of politicized sloppiness vitiating Western thinking about Russia. A sloppiness that is all the more astonishing as precisely Moscow’s opponents cannot afford it without serious self-harm.

For self-harm is the main result. It is true that Russia has to bear some of the cost of Western shortsightedness. Obviously, Moscow as well would be better off if it could work with reasonable, if competitive, partners instead of irrationally hostile opponents who constantly underestimate Russia and overestimate themselves. Yet the West is suffering even more from its pattern of repetitive mistakes.

The costs of the proxy war in Ukraine demonstrate this fact, and not only in terms of arms and money, but of political prestige as well. Regarding the quantifiable costs, the US Congress, for instance, has approved $113 billion worth of aid for Ukraine since February 2022. Currently, a request for even more is turning into a major domestic headache for the Biden administration, and most likely, a defeat. The EU has shelled out almost €85 billion.

Of course, not all of these funds have really been appropriated, and much of them have really been fueling corruption in Ukraine or served the donors and especially their arms industries, as US politicians have repeatedly pointed out with proud cynicism. Yet the overall picture remains one of severe fiscal overstretch spent on a losing gamble. Add the self-inflicted losses that the EU’s economies in particular have incurred from their misconceived sanctions policy and the picture is grim. Add, moreover, how much the West will have to spend if it really wishes to finance the rebuilding of Ukraine, and the prospect turns catastrophic. Good luck, EU, with those membership plans.

In addition, intangibles matter as well. Clearly, “losing” Ukraine (which the West should not have tried to “own” in the first place) will reveal the bloc’s weakness more sharply than the failures in, for instance, Iraq, Libya, Syria, or Afghanistan. For two reasons. First, unlike these countries, Russia is a great power; that means it is in a position to exploit the Western setback. Moscow, put differently, is big enough to geopolitically counterattack.

Whether or when exactly it will do so, and what shape such a new “snapping back” of Russian President Vladimir Putin’s metaphorical “rubber band” will take this time, remains to be seen. What is clear is that such payback is a realistic possibility. Secondly, the West is committed as never before, substantially and rhetorically, when trying to use Ukraine to reduce Russia. Hence, failing to do so exposes Western limits as never before. Rumer and Weiss are not naïve. They cannot say it – and maybe they can’t even quite think it – but in their heart of hearts they know that packaging this defeat as a mere change of strategy to “containment” will not fool anyone who does not want to be fooled.

It is good to finally see some hard facts appear prominently in mainstream Western debates. But it is not enough. For one thing, the West has to ask itself painful questions why it has stayed so obsessively one-sided for so long. Otherwise, the same pattern will be repeated in starting and waging the next war, for instance, against China or Iran. Secondly, a shift to “containment” will not repair the damage but merely stretch it out. What the West really needs is a complete rethinking of not merely its methods but its aims.

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.

November 24, 2023 Posted by | Economics, Militarism | , , , , | Leave a comment

Western brands hit hard by boycott campaign against Israeli goods

Workers at an empty Kentucky Fried Chicken (KFC) restaurant, November 20, 2023. (Photo by Reuters)
Press TV – November 23, 2023

A boycott campaign against Israeli products over the occupying regime’s war on the Gaza Strip has severely affected Western fast-food giants in several Arab countries, with the move having the potential to spread to other countries across the globe.

Weeks after Israel waged a brutal war on the besieged Gaza Strip, a boycott campaign against Israeli goods started to gain momentum in Egypt, Jordan and Turkey, significantly hitting Western fast-food giants like McDonald’s, Starbucks, and KFC.

The impacted companies are either perceived to have taken pro-Israeli stances in the war or are alleged to have financial ties to Israel or investments there.

According to the Gaza-based health ministry, at least 14,532 Palestinians, including 6,000 children and 3,920 women, have been killed and more than 35,000 others injured by Israeli strikes since October 7, when the Israeli regime launched a full-scale war on the densely-populated enclave.

“I feel that even if I know this will not have a massive impact on the war, then this is the least we can do as citizens of different nations so we don’t feel like our hands are covered in blood,” said 31-year-old Cairo resident Reham Hamed, who is boycotting US fast food chains and some cleaning products.

As the global pressure is mounting on Tel Aviv over its atrocities in the Palestinian sliver, there are signs that the boycott campaign is also spreading in some other Arab countries, including Kuwait and Morocco.

The boycott calls of the protest campaign have already circulated on social media and expanded to include dozens of companies and products, urging shoppers to shift to local alternatives.

In Jordan, citizens who support the protest campaign sometimes enter McDonald’s and Starbucks branches in the country to encourage a few customers to take their business elsewhere.

“No one is buying these products,” said Ahmad Al-Zaro, a cashier at a large supermarket in the capital Amman where customers were choosing local brands instead.

The current boycott campaign could be considered the latest part of the pro-Palestine Boycott, Divestment and Sanctions (BDS) movement against the Israeli regime.

The BDS movement, which is modeled after the anti-apartheid movement in South Africa, was initiated in 2005 by over 170 Palestinian organizations that were pushing for “various forms of boycott against Israel until it meets its obligations under international law.”

Thousands of volunteers worldwide have since joined the BDS movement, which calls for people and groups across the world to cut economic, cultural, and academic ties to Tel Aviv to help promote the Palestinian cause.

The movement has been so successful in causing economic damage to the Tel Aviv regime that pro-Israel groups have labeled it “an existential threat.”

November 23, 2023 Posted by | Economics, Ethnic Cleansing, Racism, Zionism, Solidarity and Activism | , , , | Leave a comment