US issues veiled threat to Hungary
RT | March 15, 2024
Hungarian Prime Minister Viktor Orban is isolating his country from the Western “community of democracies,” US Ambassador David Pressman claimed on Thursday in wide-reaching rebuke.
Ties between the two nations should not depend on “temporary” leaders, the diplomat argued, as he delivered a list of grievances against Budapest.
“While the Orban government may want to wait out the United States government, the United States will certainly not wait out the Orban administration. While Hungry waits, we will act,” Pressman warned.
The ambassador was referring to Orban’s expressed hope that Donald Trump will defeat President Joe Biden in the upcoming presidential election.
Pressman’s speech was delivered at the Central European University (CEU) in Budapest, for an event dedicated to the 25th anniversary of Hungary’s accession to NATO. The private institution, founded in the early 1990s by George Soros, has faced a crackdown in Budapest, since Orban accused the Hungarian-born US billionaire of using NGOs to apply political pressure.
The fact that the CEU has relocated its main campus to Vienna, and “moved further to the west as Hungary opened eastward” is significant and “epitomizes the sacrifice of something great in exchange for… talking points,” the American diplomat claimed.
Budapest’s relatively cordial relations with Moscow and its refusal to follow the US lead on the Ukraine conflict were identified by Pressman as major points of contention. Hungary is ignoring the “legitimate security concerns” of the other 31 members of NATO and is “standing with Russia” by advocating a negotiated peace, he claimed, describing the latter as a call for Ukraine’s “surrender and subjugation.”
“This is not the approach of the Transatlantic alliance,” he insisted.
Pressman also blasted Hungarian politicians who use nationalist sentiment in domestic campaigning, and depict the US as a meddling foreign power. He called such remarks “wild rhetoric” and “dangerously unhinged anti-American messaging”, by Orban and his allies.
“We’re not really asking for much: transparency, dialogue, nonpartisanship, and a commitment to democracy would suffice,” the ambassador described what course correction was expected from the host nation. Washington requires NATO members to follow its lead on “big things” and is not objecting, even if they disagree on “most” other issues, he said.
US ‘principal defendant’ for human rights abuse in world: Iran
Press TV – March 15, 2024
Iran has censured the United States’ use of human rights as an instrument, saying Washington is the main defendant of violations of rights in the world and in Israel’s months-long crimes against Palestinians in the besieged Gaza Strip.
Foreign Ministry spokesman Nasser Kan’ani made the statement in a post on his X social media account on Friday following a recent US-instructed report by the United Nations that accused the Islamic Republic of committing what it claimed to be “crimes against humanity” during foreign-backed riots in Iran in 2022.
The report came as the brutal war in the Gaza Strip and the occupied West Bank by the Israeli regime, which enjoys Washington’s untrammeled support, has lingered for more than five months with no end in sight.
“By preemptively activating their propaganda machine concerning human rights in Iran, American authorities will not be able to expunge the stain of oppression and the US complicity in the genocide and mass murders inflicted upon the oppressed Palestinian population in Gaza and the West Bank,” Kan’ani said.
“In the collective conscience of humanity and global public opinion, America stands as the principal defendant for the violation of various human rights and humanitarian laws, owing to its involvement in the provision of equipment and arms to the Zionist regime,” he added.
The spokesman also underlined that Washington’s move to airdrop humanitarian aid into Gaza would not compensate for its unflinching support to the occupying regime’s crimes in the besieged Palestinian territory.
“The ostentatious and hypocritical display by the United States regarding its endeavors to supply and deliver food to the Palestinians fails to mitigate the undeniable reality of its unwavering support for the war crimes committed by the Zionist regime,” Kan’ani said.
“The politicization and instrumentalization of human rights and international human rights mechanisms constitute an inherent aspect of American foreign policy reality.”
Since the start of Israel’s genocidal war following Operation al-Aqsa Storm by Gaza-based resistance movements on October 7, 2023, more than 31,300 Palestinians, including many women and children, have lost their lives.
The Israeli military offensive has left a trail of destruction in Gaza, leaving hospitals in ruins and displacing around half of its 2.4 million residents.
Tel Aviv has additionally enforced a comprehensive blockade on the territory, severing the supply of fuel, electricity, sustenance and water to the population of over two million Palestinians residing there.
Yemeni military to expand operations against Israel-linked ships to Indian Ocean: Houthi
Press TV – March 14, 2024
The leader of Yemen’s Houthis has said that the Yemeni armed forces will continue their retaliatory operations against Israeli-affiliated commercial vessels, preventing the passage of the ships even through the Indian Ocean and through the Cape of Good Hope.
About 34 Houthi fighters have been killed since the Yemeni armed forces began to attack shipping lanes in solidarity with the people of Palestine under attack in Gaza by Israel, Ansarullah leader Abdul Malik al-Houthi said in a televised speech on Thursday.
Yemeni forces have repeatedly launched drones and missiles against Israeli and Israel-bound ships since mid-November, saying they are acting in solidarity with Palestinians against Israel’s war on Gaza.
Al-Houthi said 73 ships have been targeted in Yemeni operations in support of Gaza so far, adding rarely does any ship associated with the Israeli enemy pass through Bab al-Mandab.
“This week, support operations included 12 operations targeting ships and barges, executed with a total of 58 ballistic and cruise missiles and drones in the Red Sea, the Arabian Sea, and the Gulf of Aden,” he said.
“Our operations this time reached unprecedented ranges, with 3 operations reaching the Indian Ocean, by the grace of Allah,” he added. “The total number of targeted ships and barges reached 73.”
Al-Houthi said that the operations will continue as long as the aggression and siege on Gaza persist.
The United States and Britain began striking Yemen in January in order to dissuade the country from targeting Israeli ships which carry arms and logistics for the onslaught on the besieged Gaza Strip.
Al-Houthi said the Americans and the British have received “painful blows” from the Yemeni armed forces in retaliation.
The American-British “aggression will not affect the escalating course of our operations in terms of range, momentum, precision, and strength,” said Al-Houthi.
“What can stop the Yemeni military’s maritime operations is only the cessation of aggression and siege on Gaza,” he noted.
The American stubbornness and escalation of aggression result in only one outcome: the expansion of the conflict, the widening of the circle of war and events, and the tension of the situation at the regional level in general, he stated.
He went on to say that the Yemeni armed forces will continue and effectively expand the range of the operations to reach areas and locations that the enemy never expected.
Al-Houthi said what insures the navigation security in the Red Sea is for any country not to participate in the Israeli aggression against Gaza.
He said the Americans and those who drag the United States towards the militarization of the Red Sea are the ones who undermine international navigation.
“By the grace of Allah and His assistance, we aim to prevent the passage of ships associated with the Israeli enemy even through the Indian Ocean and from South Africa towards the Cape of Good Hope,” he stated.
“For this important, advanced, and significant step, we have begun to implement our operations related to it through the Indian Ocean and from South Africa towards the Cape of Good Hope,” he said.
There is absolutely no choice for the Americans and the British but to stop the aggression on Gaza and stop starving the people in Gaza, he declared.
“Our human conscience, our religion, our morals, our dignity, our pride, our belonging to Islam, prohibit us from watching the oppression of Palestine or remaining silent about it,” said Houthi.
He added that the Yemeni military is in continuous development of capabilities and in constant expansion of the stance in its range, effectiveness, and impact.
“The American’s actions this week, involving aerial bombings and naval shelling, amounted to 32 bombing raids and strikes, which, as usual, were unsuccessful,” he revealed.
“The impact of the American raids and bombings is negligible regarding our missile and drone capabilities and in terms of continuing operations effectively to counter it, and in preventing ships associated with the Israeli enemy,” he stated.
He concluded by saying that the Yemeni armed forces are continuously escalating, and increasing capabilities to attack enemy ships. “No matter what the Americans do, they will not be able to stop us from supporting the Palestinian people in Gaza.”
Yemenis have declared their open support for Palestine’s struggle against the Israeli occupation since the regime launched a devastating war on Gaza on October 7 after the territory’s Palestinian resistance movements carried out the surprise Operation Al-Aqsa Storm.
The Yemeni Armed Forces have said they won’t stop retaliatory strikes.
The maritime attacks have forced some of the world’s biggest shipping and oil companies to suspend transit through one of the world’s most important maritime trade routes.
Tankers are instead adding thousands of miles to international shipping routes by sailing around the continent of Africa rather than going through the Suez Canal.
Since the start of Israel’s genocidal war following Operation al-Aqsa Storm by Gaza-based resistance movements on October 7, 2023, more than 31,000 Palestinians, including many women and children, have lost their lives.
The Israeli military offensive has left a trail of destruction in Gaza, leaving hospitals in ruins and displacing around half of its 2.4 million residents.
Israel has additionally enforced a comprehensive blockade on the coastal sliver, severing the supply of fuel, electricity, sustenance and water to the population residing there.
Confusion reigns between “indemnity” and “immunity”
Health Advisory & Recovery Team | March 12, 2024
We sporadically hear of vaccine injury cases in the UK being contemplated or even launched against covid vaccine manufacturers. We also frequently hear people say that “the covid vaccine manufacturers cannot be sued as they have an indemnity”.
It is very important that this be clarified. An indemnity is not the same as immunity.
In the USA manufacturers have immunity (which can potentially be attacked under certain circumstances – such as in the presence of fraud) imposed by a law known as “The PREP Act”. Immunity is a legal shield. The law simply provides that “these manufacturers shall not have any civil liability”.
But in the UK the manufacturers do not have such immunity. What they have – in their contracts with the UK government – is an indemnity. An indemnity is an agreement that one party shall cover the losses of the other.
In this case it provides that the UK government will pay any damages which the manufacturers are liable to pay to claimants if they are sued. But it doesn’t stop anyone actually suing the manufacturers – it just means that any damages awarded are actually paid by the government (and ultimately by the beleaguered taxpayers). In exchange for this, the government gets to control and direct the defence to any claim – as well as paying the legal bills!
This has a number of implications including these:
- If the government is “on the hook” it may well either directly or indirectly pressure the judicial system so that these cases are impeded in some way. We can hope this is not the case, but experience of other legal cases over the past few years suggests this might be naive.
- If the government sees many claims incoming they may try to “pick off” some more obvious ones and put a “line in the sand”, setting quite a high bar for claimants in an attempt to limit the size of the eventual claims.
- On the other hand, if they see a huge number of claims, they may choose to “fight to the death”.
- One other scenario is that they eventually decide they were duped and they then just tell the manufacturers they are no longer honouring the indemnity.
It is also important to recognise that in the UK Parliament makes, amends, and annuls laws at will. There is nothing – except politics – to stop them just going to the manufacturers and threatening to change the law so as to hold them responsible for claims, and that they will make them easier for claimants (perhaps by extending the “limitation period” – normally 3 years – by which a claim has to be lodged or else it become time-barred). This could, for example, be used as leverage to get the manufacturers to set up schemes of compensation.
Generally speaking, retroactive changes to laws are considered undesirable as they could make companies reluctant to do business in a particular country, since companies prefer legal certainty before committing capital; in this case however it is possible that the political imperative becomes so great that the government is effectively forced into ensuring that the injured receive proper recompense and that the manufacturer – not the taxpayer – foots the bill.
Yemen looks to add hypersonic missiles into domestic arsenal: Report
The Cradle | March 14, 2024
The Ansarallah-allied Yemeni armed forces recently tested a hypersonic missile and are preparing to introduce the technology into the country’s military arsenal, a Yemeni military source revealed to Russia’s state-run RIA Novosti news agency on 14 March.
“[Ansarallah’s] missile forces have successfully tested a missile that is capable of reaching speeds of up to Mach 8 and runs on solid fuel; Yemen intends to begin manufacturing it for use during attacks in the Red Sea, the Arabian Sea, and the Gulf of Aden, as well as against targets in Israel,” the source is quoted as saying.
The unnamed official also revealed Sanaa has, over the past three months, “upgraded its missiles and drones, modifying explosive warheads to double their destructive power.”
Last week, Ansarallah leader Abdul Malik al-Houthi said during a televised speech that Yemen has been making efforts to “produce hypersonic missiles,” saying: “Our enemies, friends, and our people will see a level of achievement of strategic importance that will put our country in the ranks of few countries with these capabilities in the world.”
“The Yemeni forces used new weapons in recent operations in the Red Sea and the Arabian Sea, which surprised the United States and Britain,” the Ansarallah leader revealed during his speech.
Hypersonic weapons fly at speeds in excess of Mach 5, can strike targets thousands of miles away within minutes, and pose crucial challenges to missile defense systems. While a traditional ballistic missile travels into the atmosphere and then returns to Earth on top of the target, a hypersonic missile travels much closer to the Earth, allowing it to switch targets on the fly.
Only four countries have successfully developed and tested hypersonic missiles: Iran, Russia, China, and North Korea. The US is also developing hypersonic missiles; however, its program has trailed behind the others due to a lack of planning, technological gaps, and Washington’s belief that ballistic missiles are a better and more cost-effective bet against an adversary.
The US navy – with minimal support from the UK – has been waging its biggest battle since WWII against the Arab world’s poorest country since early January in support of Israel’s genocide campaign in Gaza. Despite launching hundreds of attacks inside Yemen, Washington has not managed to deter the country’s pro-Palestine actions.
Ansarallah leaders have vowed to continue attacking US, UK, and Israeli ships in the waters surrounding the Gulf Arab nation until Israel’s assault on Gaza ends.
Culture Warriors Spread Disinfo on ‘Haitian Cannibals’
By Patrick Macfarlane | The Libertarian Institute | March 14, 2024
In the first few years of the 2020s, the world witnessed a revolution in the dissemination of atrocity propaganda. Thanks to the proliferation of social media, smartphone ownership, and artificial intelligence, atrocity claims can now be manufactured, disseminated, and, thankfully, debunked in real time.
Although technology may be evolving, lies do not change much.
During World War I, the British claimed Germans boiled the corpses of their war dead to make fat and glycerin for munitions. More recently, we’ve seen accusations of industrial organ harvesting in Xinjiang, China and claims that Hamas “beheaded babies” in Israel. A key element of these atrocity stories, and many like them, is their over-the-top cartoonization of violence.
Amidst violent political upheaval in Haiti, a narrative has emerged that Haitian society is devolving into widespread cannibalism. A video even emerged purporting to show popular opposition figure, Jimmy “Barbeque” Cherizier, cutting the flesh off a burning corpse and eating it.
This propagandistic narrative comes at a crucial juncture where Western powers have for three years failed to drum up yet another foreign military intervention in this ill-fated nation.
After the assassination of Haitian President Jovenel Moise in 2021, Haiti was ruled by U.S.-installed President Ariel Henry. Many Haitians viewed Henry as an American puppet leader. Because Henry was unable to stabilize the country, the United States pushed the United Nations to deploy a peace keeping force to his nation.
Two weeks ago, Henry left Haiti for Kenya, attempting to secure Joe Biden’s long-desired UN security deployment. In his absence, Haiti’s organized opposition united under the leadership of Jimmy “Barbeque” Cherizier. The united opposition launched an armed revolution that dragged Haiti further into discord, albeit with the goal of creating a truly independent and prosperous country. Unable to safely return to Port-au-Prince, Henry resigned on Tuesday.
Last Saturday, reports began to circulate that Haiti was under siege by cannibal gangs. However, the claims were not reported by mainstream outlets. Instead, they were made on X (formerly Twitter) by popular culture war influencers. These influencers used these reports to sow fear that the unrest will spread to the United States through immigration. With 10.4 million views as of this writing, Malaysian national Ian Miles Cheong circulated the first and most viewed Haiti cannibalism report. The report was furthered, among others, by Dom Lucre, Jake Shields, Tim Pool, and Libs of Tiktok.
Given his position as the wealthiest man in the world and the owner of X, Elon Musk has an effect, intended or not, of legitimizing the information he interacts with on the platform. As is the case with Cheong’s cannibalism report, the information might not be reliable. Nevertheless, Musk drove a number of his 176.3 million followers to Cheong’s post by replying to it.
So, just what was the problem with Cheong’s report? He doesn’t have a source.
On Tuesday, Cheong posted a screenshot of an email he ostensibly received from NBC Reporter David Ingram asking where he got his information.
In the email, Ingram asks Cheong if his cannibalism claim originates from the “unnamed source” referred to by a Daily Express U.S. article. Cheong ridiculed the question, saying, “I just received a request for comment from NBC News asking me to prove cannibalism exists in Haiti. I wish I was making this up.”
Despite Cheong’s mockery, Ingram’s question was legitimate. Cheong made a specific claim in his post. He did not claim “cannibalism exists in Haiti.” He claimed “cannibal gangs are besieging the national palace in Port-au-Prince.”
While Ingram did not link to the article in his email, he was likely referring to this March 5 piece, which states:
… a journalist on the ground told Daily Express US that cannibalism has been witnessed on the streets as the violence reaches “unprecedented” levels… Speaking anonymously, they said: “Haiti is living in a total chaotic situation right now. It is total chaos everywhere, especially in the capital where I am right now”… Following the interview, the journalist said via message: “Cannibalism is not widespread, but definitely an indication of the worsening situation. It definitely happens on a few occasions.”
If Cheong did indeed source his report from the Daily Express U.S. piece, the original claim is dubious. The source is hearsay; the anonymous reporter was told by alleged witnesses that they observed cannibalism. The reporter then told the Daily Express U.S. that cannibalism “definitely happens on a few occasions.” He did not say that he had personally witnessed cannibalism, neither did he allege a specific incident where cannibalism took place.
Furthermore, Cheong mischaracterized the Daily Express report. Cheong’s initial tweet claimed “Cannibal gangs are besieging the national palace in Port-au-Prince.” Cheong transformed the report from “cannibalism definitely happens on a few occasions,” to “cannibal gangs are besieging the national palace[.]”
Another popular culture war influencer, Dom Lucore, subsequently circulated a video of a Haitian gangster eating burnt flesh from a charred human corpse. Lucore claimed the man in the video was opposition leader Jimmy “Barbeque” Cherizier.
Despite being corrected by Dan Cohen, a journalist who personally filmed a documentary featuring Cherizier, Lucore doubled down on the claim.
Although the video probably does depict a Haitian gangster eating human flesh, it is clearly not Jimmy Cherizier. Further, the video is several years old and not connected in any way to what is occurring on the ground in Haiti right now. There is no evidence to suggest that Hatians are eating each other en masse or that criminal gangs are using cannibalism as a weapon of terror.
Does cannibalism exist in Haiti? Apparently, in isolated incidents, yes. But cannibalism has existed there for hundreds of years.
Americans are understandably concerned about illegal immigration. However, they fail to appreciate that this false story supports the case for U.S.-led intervention in Haiti, something the Biden administration has desired for years. A foreign invasion of Haiti would further traumatize the Haitian people and certainly increase the amount of refugees seeking asylum in the United States. As with our prior interventions in Haiti, American taxpayers would be forced to foot the bill.
Canadian, Irish, French Government-Attempted Speech Regulations Appear Like Desperate Censorship Power Plays
BY JEFFEREY JAXEN | MARCH 12, 2024
Following in the footsteps of UKs highly controversial Online Safety Act, now law, Canadian and Irish government officials are proposing legislation that would push the boundaries to further stifle online debate.
During the COVID response, the American government chose to erect a massive, top-down censorship industrial complex pulling in key White House officials, CDC heads, and the Department of Homeland Security.
In the UK, it was all-out military psychological operations using the British Army unit’s 77th Brigade and Specialist Group Military Intelligence. Both countries turned their security apparatuses, once used against foreign enemy combatants, to target its own public domestically in an aggressive move to shape public thought and neutralize independent voices.
Now, humanity is at an inflection point. A non-stop blitzkrieg of contentious issues are affecting the lives of many. The failed COVID response taught us that open conversation and investigation is critical to unwind industry talking points, government propaganda, and scientific falsehoods.
Perhaps more important, the new public square, that is the digital age of social media, serves as a steam valve to debate valid concerns surrounding charged issues like climate change and the net zero push, open migration, vaccine safety, reckless government monetary policy, election meddling, the surgical and pharmaceutical fast track of gender-affirming care for minors, intelligence agency run ‘disclosure,’ and so much more.
Meanwhile, power centers are desperate to take all the above issues and funnel vocal detractors from the dominant narrative into one category – hate.
Over the years, governments have gleefully began attaching the ‘hate’ label onto any person, topic, or explanation that runs counter to the single, myopic version of events, ideas, information, or even historical events they deem fact – despite valid evidence proving otherwise.

Socially, the ‘it’s all hateful except for our viewpoint’ worked for corporations, governments, and legacy media operations when they enjoyed narrative control.
Those days are fleeting now and major cracks have formed upon once-settled topics. Now we see the grip tightening from the legislative angle to create more bureaucracy and new powers to punish.
Canada’s Bill C-63 enacts what’s called the Online Harms Act, amends the Criminal Code, and the Canadian Human Rights Act among other things. It also attempts to define and legislate a human emotion stating:
“hatred means the emotion that involves detestation or vilification and that is stronger than disdain or dislike”
Meanwhile, C-63 states that an “Offense motivated by hatred… under this Act or any other Act of Parliament”…carries with a penalty of “imprisonment for life.”
Other goodies written into the bill are the creation of an extrajudicial government tribunal to rule on complaints of threats, intimidation or discrimination from people who can remain anonymous. That’s right, no need to face your accuser says Canada.
If one is accused by the government’s newly-created, extrajudicial group to be “engaging or to have engaged in the discriminatory practice,” they can be ordered, as the bill states, “to pay compensation of not more than $20,000 to any victim identified” and “to pay a penalty of not more than $50,000 to the Receiver General.”
No room for abuse here. What could go wrong?
One would think this would be a one-off piece of speech-chilling legislation from a country that has lost its way under poor leadership. Yet Ireland is also attempting a similar move with mirrored legislative language.
Ireland’s Incitement to Violence or Hatred and Hate Offences Bill is currently before the upper house of the Irish legislature. The Critic writes the law, if enacted, “…would usher in a dangerous new standard for state-driven censorship. The expression or possession of content or even ideas deemed “hateful” would be illegal under the law, with serious implications for everyday people…”
An opinion piece published in The Hill writes:
“As per the tentative legislation, people with “protected characteristics” which includes, inter alia, race, color, and nationality are afforded new legal protections against psychical and mentally inflicted harms, in which offenders are motivated by “hatred.””
It continues by stating:
“As such, Ireland’s police force, An Garda Síochána, will have the authority under the bill to raid the home of the possessor of such material, demand their password and seize their devices. Failure to comply could result in a year-long prison sentence.”
The reason for the sudden Orwellian about face given by Irish prime minister Leo Varadkar was that Ireland needed to “… modernise our laws against incitement to hatred and hatred in general.”
Despite the weak cover stories governments are using to capture speech and attempt to regain narrative control, a clear pattern is being seen – open debate is dangerous to the dwindling control of power centers.
The fun doesn’t stop there.
Article 18 of the WHO’s Pandemic Treaty also stipulates that all countries signed on to the power-centralizing agreement are mandated to “… combat false, misleading, misinformation or disinformation” and “inform policies on factors that hinder adherence to public health and social measures in a pandemic and trust in science and public health institutions.”
Finally, a bill in the works in France appears to be a special gift for pharmaceutical companies. Article 4 of the bill specifically states:
Provocation, by means of repeated pressure or maneuvers, of any person suffering from a pathology to abandon or abstain from following medical treatment is punishable by one year of imprisonment and a fine of 30,000 euros. therapeutic or prophylactic, when this abandonment or abstention is presented as beneficial for the health of the person concerned whereas it is, in the state of medical knowledge, clearly likely to cause for them, taking into account the pathology of which they is affected, particularly serious consequences for their physical or psychological health.
As written, it appears that any criticism of vaccine products, SSRIs, statins, opioids, drugs and procedures used to transition children, or just about any other product or medical practice that has debatable concerns and unsettled science surrounding it – if currently accepted in ‘medical knowledge’ – is a protected class not to be spoken ill about.
“When the provocation provided for in the first two paragraphs has been followed by effects, the penalties are increased to three years of imprisonment and a fine of 45,000 euros.” states the proposed French law.
The coincidental timing over the past few years of several pieces of legislation whose effect will be to essentially chill freedom of speech in the end equation must be taken seriously. The good news is that individuals at all levels of society are sounding the alarm to critically analyze and reject all attempts at overarching control over basic human rights – no matter how well packaged and intentioned they may initially seem.
Theft of Frozen Russian Assets May Lead to Financial Crisis in the West
By Ekaterina Blinova – Sputnik – 13.03.2024
While US policymakers are seeking to grab Russia’s sovereign assets altogether, EU officials are planning to find legal ways to seize the profits generated by the assets. Russia has signaled it will retaliate against any form of theft.
An EU official told Reuters that Russian assets frozen in the EU could generate up to €20 billion in after-tax profits through 2027, adding that only part of these profits, as well as a tax on the gross amount, could be sent to the Kiev regime. It was noted the remaining funds, however, would have to stay in the West to create a buffer against Moscow’s retaliation measures.
Of the roughly $282 billion in Russian assets immobilized in Japan and the West, around $207 billion (€191 billion) are held at Euroclear, a clearinghouse based in Belgium.
The official anticipates Euroclear may face a flurry of legal claims from Moscow if Russian money is transferred to Ukraine. The claims are due to come from the Russian Central Bank, which can seize €33 billion in Euroclear funds held in the national securities depository in Moscow as a tit-for-tat move, according to the official.
Russia may also take legal action to seize Euroclear assets held in Hong Kong and Dubai.
Western banks that have lost investment funds in Russia could also sue the clearinghouse, potentially leading to Euroclear’s bankruptcy and triggering a domino effect, given Euroclear’s key role in global financial transactions. The EU official warned that, ultimately, the trail of counterclaims could lead to nothing short of an economic crisis.
Speaking to the Financial Times in mid-February, Lieve Mostrey, chief executive of Euroclear, warned that a G7 plan to use Russia’s frozen assets as a backstop to issue debt for Ukraine, or seize the immobilized assets altogether, could pose serious financial risks to Europe.
“When we come to a logic of seizing of assets (…) then you see the trust in the Euroclear system, the trust in the European capital markets, the trust in euro as a currency substantially affected,” she told FT.
Mostrey remarked that “the risk is a bit lower” if the West grabs profits generated by the frozen sovereign assets.
Russia has underscored it will take retaliatory measures in response to any manipulations with its financial resources illegally immobilized by the West, and that it would perceive any form of grab as “theft”. Euroclear is already facing between 50 and 100 lawsuits in Russian courts over the sanctioned assets.
Any actions with Russian frozen assets will trigger a symmetrical response, Finance Minister Anton Siluanov told Sputnik in late February, adding that a similar quantity of foreign assets have been frozen in Russia.
The Russian finance minister suggested last December that in the event of confiscation of Russian assets in Europe, Russia may tap foreign funds frozen in so-called Type “C” accounts, a special type of accounts for non-residents introduced by Russia in March 2022. One cannot withdraw money from these accounts as funds can only be used for a limited range of purposes, such as paying taxes or purchasing federal loan bonds.
According to some estimates, by mid-March 2023, up to 1 trillion rubles (€10 billion) could have been accumulated in type “C” accounts in the form of dividends and coupons paid to investors from unfriendly countries at Russia’s National Settlement Depository (NSD).
Kremlin spokesperson Dmitry Peskov made it clear in early February that Russia is prepared for a decade-long legal battle over the potential seizure of its assets.
“If such decisions are made, they will be deeply illegal. They will have decades-long judicial consequences for those who make these decisions and for those who implement these decisions,” Peskov emphasized.
American-Israeli Professor: US & Allies Will Help Israel Ethnically Cleanse Palestine
By Ian DeMartino – Sputnik – 13.03.2024
There has been a growing public rift between US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu over Israel’s plan to invade the southern Gaza city of Rafah, the last designated safe area in the region.
Despite the growing public rift, Israel has nothing to fear from Biden and the United States will ultimately assist Israel in ethnically cleansing Palestine in more ways than just supplying weapons, professor, activist and anthropologist Jeff Halper told Sputnik’s Fault Lines on Tuesday.
“[Israel] is a settler colonial movement. Therefore, in order to transform Palestine into Israel, an Arab country to a Jewish country, you have to displace the population and you have to take its land. This isn’t only happening in Gaza. This is certainly happening in the West Bank as well,” Halper explained. “By destroying Gaza… it makes it impossible for the Gazans to come back. Now, Israel would like Egypt to take them and put them in the Sanai [desert], [but] Egypt says no.”
Instead, the United States and other Western countries will take the Gazans into their country. “The United States will say ‘Alright, we’ll take 50,000,’ Canada will say – Canada already said this – ‘we’ll take 30,40,50,000.’ Each European country will take a few thousand or tens of thousands, Australia, New Zealand and so on. Israel could get rid of a million or more Palestinians, with the help – the complicity – of European and North American countries, under the guise of humanitarian aid for refugees… That’s what Israel is calling ‘voluntary transfer.’”
Earlier, Co-host Jamarl Thomas asked about Egypt’s intentions, noting that satellite imagery has shown that infrastructure is being built in the Sinai desert, presumably meant to house potential Palestinian refugees.
“They’re building a camp, but not as [part of] a plan,” Halper explained. “They built the camp because they’re afraid… that if in fact, Israel does invade Rafah in the south, there isn’t really a good plan of where those people go. The combination of military pressure plus starvation is simply going to drive a million Palestinians through the border… If there [is] a massive break out of Gaza in the direction of Egypt, then Egypt is prepared for that… It isn’t for any kind of voluntary plan, it’s for that possibility.”
Israel’s ultimate plan, Halper argues, is to greatly lower the number of Palestinians in the region and then create an apartheid for the remainder.
“[Israel will] lock them into small little islands with the help of Biden, we’ll call those Bantustans a state, and now we have a two-state solution. Israel is on 85% of the country, it controls everything [and] it’s a Jewish country, but there’s a Palestinian state on a few little islands that will be recognized by the international community and now we’re done with the Palestinians and we can move on,” Halper explained. “In other words, Israel thinks it can get away with apartheid in a way South Africa couldn’t, and there’s good reason to believe that might be true.”
Rather than push for a two-state solution that is looking increasingly less likely, Halper argued that Israel should be converted “into one democratic state of equal rights for all its citizens.”


