EU pledges to spend billions on trade route bypassing Russia
RT | January 30, 2024
The EU plans to raise up to €10 billion ($10.8 billion) in investment to create a transport corridor to Central Asia through the South Caucasus and Türkiye that bypasses Russia, the European Commission announced on Monday at a forum devoted to developing the route.
According a statement released by the European Commission, Brussels is currently ready to allocate €2.97 billion for the purpose.
For additional funding, the European Investment Bank has reportedly signed memorandums of understanding totaling €1.47 billion with the governments of Kazakhstan, Kyrgyzstan and Uzbekistan, as well as the Development Bank of Kazakhstan.
Meanwhile, the European Bank for Reconstruction and Development is expected to sign a memorandum of understanding with Kazakhstan regarding an investment pipeline worth €1.5 billion for projects already being prepared to develop transport connectivity in Central Asia.
The two-day Investors Forum for EU-Central Asia Transport Connectivity, which began in Brussels on Monday, is expected to address the investment that will be necessary to transform the Trans-Caspian transport corridor into “a cutting-edge, multimodal, and efficient route, connecting Europe and Central Asia.”
According to the statement, the bloc is urgently trying to find alternative trade routes between Europe and Asia that could bypass Russia.
Hungary responds to reported EU threat to destroy its economy
RT | January 29, 2024
Hungary’s minister for European affairs, Janos Boka, has said that Budapest will not give in to “blackmail” by Brussels, following a report that claimed the EU would seek to sabotage the country’s economy if it does not unblock an aid package for Ukraine.
Ahead of a summit of EU leaders on Thursday, Hungarian Prime Minister Viktor Orban pledged to oppose the use of the bloc’s collective budget to funnel €50 billion ($54 billion) in aid to Ukraine.
Should Orban not lift the veto, Brussels could seek to sabotage Hungary’s economy by pulling funding to the EU member state, the Financial Times reported on Sunday, citing confidential plans drawn up by European leaders seen by the newspaper.
The strategy, the FT noted, could impact Hungary’s currency and incite a downturn in investment, which would affect “jobs and growth.” Boka has insisted however that Hungary will not be dictated to by European bureaucrats.
“Hungary does not allow blackmail,” he wrote on social media late on Sunday. “The agreement confirms what the Hungarian government has been saying for a long time: Brussels is using access to EU resources as a means of political pressure.”
He added: “Hungary makes no link between supporting Ukraine and access to EU resources and refuses to let others do so. Hungary so far will continue to participate constructively in the negotiations, but it does not allow blackmail.”
The document, which the FT said was produced by an official in the Council of the EU, highlights what it says are Hungary’s economic vulnerabilities. These include “very high public deficit,” “very high inflation,” a weak currency, and problems with debt repayment.
It added that Hungarian economic growth heavily depends on overseas investment, which, in turn, is driven by “high levels of EU funding.” A spokesperson for the Council of the EU told the FT that it has a policy of not commenting on leaks.
Orban insisted last month that the EU must meet certain conditions before Budapest would lift its veto, including making the package modest in size and scheduling it over one year rather than the proposed four. Hungary must also be exempted from any new joint EU borrowing over the matter, the PM added.
Another tactic reportedly being considered within the EU bloc is to invoke Article 7 of the Treaty of the European Union, which would allow Brussels to strip Budapest of its voting rights. However, this would require unanimity among the other 26 member states – a step many European countries appear unwilling to take.
EU Uses Lure of Infrastructure Investments to Entice Central Asian States to Turn on Russia
Sputnik – 29.01.2024
The European Union’s offer to help improve infrastructure in Central Asia ultimately serves a “political purpose,” EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell declared.
EU foreign policy chief Josep Borrell has admitted that the EU efforts to invest in the transport infrastructure of the Central Asian states are aimed at enforcing anti-Russian sanctions.
In his speech at the Investors Forum for EU-Central Asia Transport Connectivity, Borrell noted that the European Union needs “full cooperation” from its partners in order for the sanctions imposed on Russia to be effective.
“We are following closely the trade between us, between Central Asia countries, with them and Russia. We try to analyze which are the mechanisms that make sanctions being circumvented. We have to increase our cooperation on that,” he stated.
“Yes, we have to build infrastructures. Yes, we have to increase the connectivity of our space,” he added. “But all that is at the service of a political purpose, which is [to] increase our partnership and to share a better future by increasing economic ties and also defending the same values.”
Meanwhile, the European Commission Executive Vice President Valdis Dombrovskis has announced the intent of European and international institutions who attended the forum to commit some €10 billion “in support and investments towards sustainable transport connectivity in Central Asia,” according to a statement shared via the EC website.
Europe exposed: Is the EU a direct partner in the Israeli genocide in Gaza?
By Ramzy Baroud | MEMO | January 29, 2024
Red Sea Crisis Is Opportunity for U.S. to Weaken Europe & China
By Finian Cunningham | Strategic Culture Foundation | January 28, 2024
The Red Sea conflict is intensifying as is the impact on commercial shipping and the global economy, according to shipping news reports.
One might think that common sense would prevail here to solve the conflict diplomatically and quickly. If a ceasefire was called in Gaza to stop the horrendous slaughter of Palestinian civilians by Israel then that would end the restrictions imposed on shipping by Yemen.
Yemeni leaders have unequivocally said so. End the genocide and we will end the interdiction on shipping.
The moral imperative to immediately end the appalling suffering in Gaza is therefore a straightforward – not to say absolutely necessary – way to restore normal navigation through the Red Sea and for wider peace in the region. It’s not a dilemma. It’s not a conundrum. And it’s inexcusable to prevaricate.
The United States has the power to end the Israeli genocide. But the Biden administration has refused to exert its control over the Netanyahu regime.
Washington has opted to escalate the military aggression in the Red Sea by launching at least eight waves of air strikes since January 11 on Yemen – the poorest nation in the Arab region, having already suffered a genocidal war at the hands of the U.S. and Britain supporting Saudi Arabia’s aggression between 2015 and 2022.
The Yemenis have in turn defiantly warned that their operations to interdict shipping will continue until the genocidal siege on Gaza has ended.
Biden even admits that the military action to deter the Yemenis is limited in achieving its supposed objectives.
So, why continue to aggravate the situation and escalate potential conflict across the region? Not only will bombing Yemen not work, but it is also inflaming violence across the Middle East and risking a head-on confrontation with Iran which is allied with the Yemenis.
As Iranian Professor Mohammad Marandi points out in our interview this week a big incentive for the U.S. and its Israeli ally is to blow up the region as a reckless and nefarious way to conceal how disastrous the defeat in Gaza is for the Americans and their Israeli client regime.
But there may be more to it. Another incentive for taking a militarized response to the Red Sea crisis is the strategic gain that this gives the United States with regard to Europe and China.
The Red Sea shipping restrictions are hitting the European and Chinese trade most acutely. American economic interests are relatively unaffected.
It is estimated that about 60 percent of China’s exports to Europe are shipped through the Red Sea, according to the Washington DC-based Middle East Institute.
Put another way, Eurostat figures indicate that 20 percent of all EU imports come from Asia via the Red Sea.
Inevitably, the longer the insecurity and hostilities persist in the Red Sea, the worse will be the damage to Europe-China trade and their economies.
Reuters reports that China is urging Iran to rein in the actions of the Ansar Allah and Yemeni armed forces in the Red Sea. That indicates how severe the impasse is impacting Chinese trade with Europe.
The Europeans meanwhile seem oblivious to the damage that the United States’ policy is inflicting on their economies. The Europeans have meekly gone along with Washington’s militarized aggression against Yemen.
It is a long-term and deeply coveted goal for Washington to cleave European trade and political relations with China. China has become the European Union’s top trading partner, surpassing the United States in that historic role.
During recent Democrat and Republican administrations, Washington has vigorously sought to undermine European-Chinese relations. The Americans have reacted testily to any trade and investment pacts signed between the two.
The Red Sea crisis is thus a handy opportunity for the United States to kill two birds with one stone.
By ramping up the shipping problems through militarizing the conditions, the U.S. can weaken the economies of Europe and China while also sticking a very big wedge between the two.
In short-term American imperial calculation that is a tantalizing gain. The U.S. consolidates its hegemonic control over the weaker European allies while damaging China’s economic power.
This short-term zero-sum thinking by the American imperial planners is of course self-defeating in the long term from the far-reaching deterioration in the global economy and international peace and security. But long-term thinking about the common global good is not a priority for U.S. capitalist imperialism. One might even say they are fundamentally in opposition.
There is a close analogy here to the Ukraine crisis. Washington has pursued hostilities with Russia as a way to undermine European-Russian trade and their wider cultural and political relations. Washington calculates that such antagonism will bolster its hegemonic ambitions. The ideologically slavish European leaders have gone along with that policy even though it has resulted in an economic and security disaster for Europe.
The European leaders are either too stupid or too brainwashed to assess what is going on and how they are being manipulated by Washington for its selfish strategic interests.
If the European regimes had any independence or integrity they would not have gone down the path of conflict with Russia in Ukraine. But as it is, they have been had by Uncle Sam – big time. What’s more, they don’t seem to realize or even care.
Likewise, the same fate of shooting themselves in the foot is occurring over the Middle East crisis. The Europeans are backing a genocide in Gaza in deference to U.S. imperialist interests and the Israeli regime. That has rebounded with the Red Sea crisis that is set to hammer EU-China trade. Rather than seeking to resolve the conflict diplomatically, the Europeans are making it worse and in the process damaging their own international standing and strategic interests.
No wonder the Americans ultimately treat their European vassals with contempt. Because they are utterly spineless and clueless.
US ambassador makes threat to Hungary

David Pressman, U.S. ambassador to Hungary, attends the LGBTQ Pride parade in Budapest, 15 July 2023 © Getty Images / Marton Monus
RT | January 27, 2024
The US has the power to pressure Hungary if it does not adjust its foreign policy towards the EU, NATO and Russia, American ambassador to Budapest, Davis Pressman, said.
In an interview published in the Financial Times on Friday, Pressman laid out a laundry list of complaints about Hungarian Prime Minister Viktor Orban, including his defiant stance on the Russia-Ukraine conflict and attitude towards Russian President Vladimir Putin.
“When you look at Hungary’s foreign policy, whether it be suggesting raising questions about Ukraine’s EU accession, stymying efforts to provide financial support to Ukraine, meeting with Vladimir Putin, resisting efforts to diversify off of Russian energy, resisting sustained efforts to close Kremlin platforms inside of Hungary, all of these have something in common,” the diplomat said. “And it’s something that is leaving Hungary more isolated from its partners within Nato and its partners within the EU.”
Pressman went on to insist that Orban’s “policy choices, without question, are helpful to Putin.” He added that the US has the means of coercing Hungary.
“We absolutely have leverage, that is true. And we’re prepared to use our leverage.”
Unlike many NATO members, Hungary has refused to send weapons to Ukraine and has barred the alliance from using its territory to provide military aid to Kiev. Orban also opposed certain economic sanctions on Russia. Last month, Hungary vetoed an additional €50 billion ($55 billion) in EU funding for Ukraine.
Budapest has maintained that no foreign pressure can prompt it to abandon national interests. “No one can tell us from the outside how to lead our lives within our own borders. Whether it is a foreign citizen, or even a foreign ambassador, their opinion is irrelevant for us,” Hungarian Foreign Minister Peter Szijjarto said last year, as quoted by local media.
US promised to seize Russian assets – Kiev
RT | January 27, 2024
The US assured Kiev that the Russian assets that remain frozen in the West are going to be seized and used to rebuild Ukraine after the conflict, Ukrainian Prime Minister Denis Shmygal has said.
The US, EU, and their allies blocked some $300 billion of Russian central bank assets as part of sanctions in response to Moscow’s military operation in Ukraine. Around $200 billion of that money is held in the EU.
Politico reported on Thursday that it asked Shmygal if he was concerned that US funding for the Kiev government would come to a complete stop if Donald Trump won the presidential election in November and returned to the White House for his second term.
”We have all the assurances from the US about long-term support for Ukraine – for example, the seizure of Russian assets to fund the Ukrainian recovery,” he claimed.
On Wednesday, a US Senate committee approved the “Rebuilding Economic Prosperity and Opportunity (REPO) for Ukrainians Act,” which should help pave the way for such a move by Washington. If it passes both houses and is signed into law by President Joe Biden, Washington could seize the Russian central bank assets, using such a measure against a country that it’s not directly at war with for the first time in history.
Reuters reported this week, citing a senior official in Brussels, that the EU will be unlikely to join the US in confiscating the Russian funds as there’s no agreement on such a step between the bloc’s member-states.
Earlier in January, Russian Deputy Foreign Minister Sergey Ryabkov warned that Moscow would respond to a possible seizure of its assets by the West, inducing tit-for-tat measures.
Previously, Kremlin spokesperson Dmitry Peskov said that the confiscation of Russian funds would amount to “outright theft” by the West. He told reporters that it would undermine the trust in the US and EU financial systems around the globe.
Shmygal also stated that Kiev is “working hard with the administration of President Biden and with Congress to have support for 2024.” As for the continuation of the aid in 2025, “we’ll see how conditions develop,” he stressed.
”I believe that any president of the US will support our fight for civilized values, our mutual values,” the Ukrainian PM said.
The US has provided Ukraine with around $111 billion in economic and military support amid the conflict with Russia. But the flow of funds subsided dramatically in recent months as Republican lawmakers continue to resist attempts by the White House to push through another $60 billion in assistance for Kiev.
Biden halts new LNG exports
The fuel is seen as a vital lifeline for Western Europe, which has cut itself off from cheaper Russian gas imports
RT | January 26, 2024
US President Joe Biden has ordered a pause on liquefied natural gas (LNG) exports from new projects in the country, citing their potential contribution to climate change. Energy costs in Western Europe have skyrocketed since nations such as Germany switched from Russian gas to American LNG, but Biden insists the continent doesn’t currently need additional supplies.
The pause will allow the US Department of Energy (DOE) to update the economic and environmental guidelines it uses when approving new export licenses, and will last for several months.
“During this period, we will take a hard look at the impacts of LNG exports on energy costs, America’s energy security, and our environment,” Biden said in a statement on Friday. The president added that the pause “sees the climate crisis for what it is: the existential threat of our time.”
According to the White House, roughly half of American LNG exports went to Western Europe last year, and the US has exceeded its annual delivery targets to the EU for each of the last two years. “Today’s announcement will not impact our ability to continue supplying LNG to our allies in the near-term,” Biden claimed in his statement.
Europe remains mired in an energy crisis. The continent’s former industrial powerhouse, Germany, is “in a particularly difficult situation” after abandoning Russian gas supplies, Economy Minister Robert Habeck told lawmakers last week. Prior to the imposition of sanctions on Moscow over the Ukraine conflict, Germany received 40% of its gas imports from Russia. Replacing this fuel with LNG from the US, as well as energy from Norway and the Netherlands, has come at a cost, with the German government forced to roll out massive subsidy packages to prevent its largest industrial firms from leaving the country.
German industrial output fell by 2% last year, while the entire economy shrank by 0.3% in the same time period, the country’s Federal Statistical Office reported last week. The office blamed the decline on high inflation, soaring energy prices, and weak foreign demand.
LNG is transported on large tanker ships to regasification plants, where it is heated to return it to a gaseous state. Germany has rushed to bring three such offshore plants online since early 2022, and plans to open three more over the coming months. The US has also built out its LNG export infrastructure to cope with the demand, including the Calcasieu Pass 2 project in Louisiana, which once certified will be the nation’s largest export terminal.
The Calcasieu Pass 2 facility will likely come before the DOE for approval in the coming weeks, where it will be stalled indefinitely by Biden’s pause. With half of the terminal’s output set to go to Germany, a spokesman for the project’s developer, Venture Global, told Reuters last week that the pause would send a “devastating signal to our allies that they can no longer rely on the United States.”
French fury: Farmers sowing seeds of revolution against elites in Paris
By Rachel Marsden | RT | January 25, 2024
The French government is scrambling to get a whole lot of tractors off the nation’s major highways. Good luck with that when 89% of French citizens back the protesting farmers, according to a new Odoxa poll.
France is joining a movement that now encompasses nearly 20% of the EU, with farmers in five of the bloc’s 27 countries convoying and blockading major roads. Farmers from Poland, Romania, Germany, and the Netherlands have now been joined by their counterparts from the country virtually synonymous with revolution. And one particular incident here in France has just shifted the nascent movement into overdrive.
Alexandra Sonac, a 35-year-old cattle and corn farmer from the south of France, and three of her four family members were struck by a car in the dark early morning hours at a farmers’ highway blockade near Toulouse. Sonac and her 12-year-old daughter were killed, while her husband is in intensive care. The incident is still under investigation, but to add insult to injury, the three Armenian occupants of the vehicle that struck the family were reportedly under an expulsion order.
The symbolism here is glaring. A productive farmer resisting government economic oppression was killed by someone who has enjoyed the benefits of government laxity. Just 12% of expulsion orders were carried out by France between 2015 and 2021, one of the lowest rates in Europe, according to recent statistics.
French farmers’ complaints converge with those of their counterparts across the EU. They’re angry with their own governments, but only because these elected officials have insisted on sliding into the fitted straitjacket imposed on them by the unelected technocratic tyrants in Brussels and their top-down, ideologically driven policies. There’s a good reason why French farmers this week have ripped up and burned the same EU flag that President Emmanuel Macron insists on placing alongside the French tricolor in his various appearances.
Farmers all across the bloc have similar demands. They want a fair price for energy while the EU not only has imposed costly climate policies that treat fossil fuels like the plague, but has also decided, “for Ukraine,” to destroy its own supply of cheap Russian gas that drove Europe’s economy. Then, again for Ukraine, they decided to lift import duties on goods and services from Ukraine, allowing the EU to be flooded with truckers who undercut local providers and with equally undercutting farm products that don’t even meet the EU standards with which European farmers are forced to comply at their own expense. Farmers don’t want handouts, but they want governments to lay off the increasingly heavy taxation as their solution to filling state coffers emptied as a result of their constantly misplaced priorities. They also want their national governments to defend their interests against Brussels’ attempts to replace them with cheap foreign imports through endless free trade deals with countries whose farmers don’t operate under the same regulatory diktats, all while Brussels pushes member states (notably the Netherlands) to buy out farms whose cattle waste doesn’t serve its climate change policies.
It’s no surprise that the average person sympathizes, since they’re equally fed up with their incompetent heavy-handed government serving as a white glove for Brussels’ iron fist. They see that their gas and electricity costs are endlessly climbing, and their buying power is circling the drain, all while the French defense minister, for example, talks about how the Ukraine conflict, that has served as a convenient pretext for Europe’s transfer of wealth from the people to the elites, is such a wonderful opportunity for the military industrial complex. And when the French National Assembly approved themselves a €300 ($327) a month increase in their own allowances this week, just to offset the inflation that’s crushing the average citizen, it serves as yet another example of their total tone-deafness.
On the afternoon of January 24, a massive row of tires and manure was set ablaze by angry French farmers right in front of the prefecture of Agen, in southwest France. Some farmers present denounced the move, others voiced their support, but all agreed to being fed up. More tellingly, police and firefighters on the scene dragged their feet in reacting as the smoke extended almost to the height of the adjacent building, considered a symbol of the French state. Apparently, even frontline workers who serve the state’s institutions are getting fed up with the establishment elites. And not just in Europe, but elsewhere in the West.
Canadian Freedom Convoy truckers and their supporters were vindicated in Canadian Federal Court this week when a judge ruled that Prime Minister Justin Trudeau’s government constitutionally violated fundamental rights and freedoms when it evoked the Emergency Act against protesting opponents to the government’s Covid mandates, which they considered a violation of basic rights and freedoms. The fact that the government ordered bank accounts blocked as a deterrent against protesting should have been the first big hint of growing authoritarianism, but apparently it took a federal judge to spell it out.
German farmers and truckers who began convoying across the country earlier this month told me in Berlin that they were inspired by the Freedom Convoy as they railed against the German government’s imposition of more taxes on the diesel that fuels their farm vehicles, already pricy as a result of the government’s misguided energy policies driven by ideological, knee-jerk opposition to fossil fuels and to cheap gas from Russia. In both the Freedom Convoy and farmer cases, grotesque attempts by government officials to portray protesters as some kind of right-wing radicals, to absolve elites from responsibility, have fallen flat among the general population.
Truckers, bakers, students, firefighters, and police are already showing signs of solidarity with the farmers, backed by an overwhelming and quantified silent majority. And these national movements are finding common cause with each other around Europe and the Western world. Attempts to foster division by pitting big farms against small ones or right against left fall flat.
French Prime Minister Gabriel Attal, who only started in the job on January 9 and probably still hasn’t found all the washrooms at his new office, trudged down to the rural southern Rhone region last weekend. Attal said that “our farmers are not bandits, polluters, people who torture animals, as we sometimes hear.” Where does he hear that? In Brussels? His seduction skills could use some work. It’s like showing up for a date and saying, “Hey, you’re not as psycho as I heard you were.” What a charmer. Can’t wait to see how this diplomatic savant is going to resolve this whole mess.
A meeting last Monday between Attal and farming reps included a delegate for the Young French Farmers Union. I spoke with several of their counterparts in Berlin at that protest earlier this month — young entrepreneurs, so well-spoken and educated. These young farmers say they work 80-hour weeks and feel there is so much red tape or prohibitions from the EU that it’s paralyzing. And yet France is desperate to encourage young people to adopt farming as a profession at a time when it’s a dying business. Gee, big mystery why that might be, geniuses.
The tragic deaths of Alexandra Sonac and her daughter this week will forever stand as a symbol of struggle against the oppression of the working class by an authoritarian global governance that’s fomenting chaos as it caters to special interests increasingly divorced from those of the average citizen. No amount of tinkering by the offending governments will quell the growing unrest. Only a deep and fundamental rethinking of their relationship with their citizens, whose interests they’re supposed to serve exclusively, would have any hope of resolving this deepening crisis.
Brussels’ diktat on climate change and support for Ukraine is seen as more important than the people who actually feed the country
Rachel Marsden is a columnist, political strategist, and host of independently produced talk-shows in French and English.
Belgium to Allocate $663Mln to Ukraine From Profits Made From Russia Frozen Assets – Reports
Sputnik – 23.01.2024
BRUSSELS – Belgium will allocate 611 million euros ($663 million) to help Ukraine in 2024 from the profits received from the frozen assets of Russia, La Libre newspaper reported on Tuesday, citing Defense Minister Ludivine Dedonder.
The funding will be provided from the interests on the accounts of Russia’s frozen assets in the country, the newspaper reported.
Last year the US proposed G7 working groups to look at possible ways to seize $300 billion in frozen Russian assets. The EU, and the UK have stressed that the money received via the confiscation would not be easily accessible and would also be insufficient to cover Ukraine’s reconstruction needs. Besides, the countries have noted that the confiscation of Russian assets should not occur to the detriment of providing financial support to Kiev in 2024.
Moscow has maintained that any attempt to confiscate its frozen assets would violate international law. The Russian Foreign Ministry has dismissed the freezing of Russian assets as theft.
“Those who are trying to initiate this, and those who will implement it, must understand that Russia will never leave those who did this alone. And it will constantly exercise its right to a legal battle, internationally, nationally or otherwise. And this, of course, will have — both Europeans and Americans understand this very well — it will have legal consequences for those who initiated and implemented it,” Kremlin spokesman Dmitry Peskov said commenting on the issue.
Last year, Russian President Vladimir Putin dubbed the West’s asset seizure an “unseemly business,” and stressed that “stealing other people’s assets has never brought anyone good”.

