Aug 072023
 
 August 7, 2023  Posted by at 9:00 am Finance Tagged with: , , , , , , , ,  53 Responses »


Edward Hopper Chair Car 1965

 

Donald Trump Vows To Prosecute Biden If Elected (RT)
Ukraine Warns Of ‘Significant Weapons Shortage’ (RT)
NATO Instructors Trained Neo-Nazi Azov Battalion Soldiers in 2021 (Sp.)
Zelensky Adviser Casts Doubt On Future Relations With Poland (RT)
Peskov Says NYT Misinterpreted His Words About 2024 Election (TASS)
US Dollar ‘Verging on Breakdown’ Hits Skids As Inflation Data Nears (Sp.)
Gold Is Replacing The Dollar (Macleod)
Maduro Castigates Silence Of European Leaders On Quran Burning (TASS)
Zuckerberg Tells Musk He’s Ready To Fight ‘Today’ (RT)

 

 

 

 

When TRUMP won
https://twitter.com/i/status/1687988391986540544

 

 

 

 

“The tables must turn, and we will destroy the Deep State.”

Donald Trump Vows To Prosecute Biden If Elected (RT)

Republican frontrunner Donald Trump told an audience in Alabama on Friday that he will appoint a special prosecutor to investigate potential illegality perpetrated by the “Biden crime family” on his first day in office if he reclaims the White House in 2024. Trump, who has been indicted three times in the past four months amid a range of criminal investigations into his conduct, told the crowd at a fundraising event in Montgomery: “On Election Day 2024, we are going to evict crooked Joe Biden from the White House. We are going to expel the criminals and thugs from the halls of power in Washington.” The former US president added that a special prosecutor would be appointed on his “first day in office,” who would “study each and every of the main claims being brought forth by Congress concerning all the crooked acts, including bribes from China and many other foreign countries that go into the coffers of the Biden crime family.”

Trump was speaking just a day after pleading not guilty to various charges, including conspiracy to defraud the United States, brought by Special Counsel Jack Smith as part of an investigation into the circumstances surrounding the January 6, 2021 riots at the US Capitol in Washington, DC. The 77-year-old also faces simultaneous probes related to allegations that he deliberately withheld classified documents at his Florida estate, and obstructed government efforts to recover them. He is also involved in another case brought by Manhattan District Attorney Alvin Bragg related to financial fraud and falsifying business records. He denies all claims of wrongdoing. Trump, whom polling suggests is the clear frontrunner to claim the Republican Party’s presidential nomination next year, told the Montgomery crowd that the “fake charges” being brought against him amounted to “election interference.”

“The reason this is happening is simple,” Trump said. “Joe Biden is the most incompetent and corrupt president in US history.”Trump didn’t elaborate on his claims of criminal activity by the Bidens but they are thought to be linked to allegations that Joe Biden and his son Hunter improperly profited from an association with Ukrainian natural gas company Burisma Holdings. The Bidens deny allegations of illegality linked to Ukraine, as well allegations of improper ties to China. Hunter Biden is also currently involved in court proceedings, including allegations of tax fraud. And if he returns to the Oval Office, Trump was clear on what he believes must be done: “The tables must turn, and we will destroy the Deep State.”

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No, you cannot “win the war” against Russia. Stop pretending. Save lives.

Ukraine Warns Of ‘Significant Weapons Shortage’ (RT)

Ukraine’s military campaign is being held back by a lack of weaponry, and allies need to provide additional supplies to effectively counter Russia, the top aide to Ukraine’s president has claimed. “From the point of view of battlefield parity, there is indeed a significant shortage,” Mikhail Podoliak said on Friday, live on national TV. Kiev needs more artillery shells and long-range missiles, and is experiencing a “certain shortage” of de-mining equipment, he added. The military is also having difficulties repairing damaged armor. Podoliak said the key items Ukraine still lacks are anti-aircraft systems and sophisticated fighter jets, specifically the US-made F-16. Kiev has been asking its Western backers to provide F-16s for months, insisting that the fighters would help “win the war” against Russia.


Washington and its allies, however, have so far proven reluctant to provide the jets, with US National Security Advisor Jake Sullivan suggesting the aircraft would have only a limited impact on the battlefield due to the extensive use of air defense systems in Ukraine. Since the start of the conflict, Ukraine has been demanding increasingly sophisticated weaponry from its backers. The Western-supplied hardware has been extensively used by Kiev in the current counteroffensive, launched in early June. The campaign has so far failed to yield any tangible results, while dozens of Western-supplied items, including US-made Bradley infantry fighting vehicles, German-made Leopard 2 tanks, and Swedish-made CV90 armored vehicles, have ended up destroyed or captured. Moscow has repeatedly urged the West to stop “pumping” Ukraine with assorted weaponry, warning that continued military aid will only prolong the conflict and inflict more destruction on Ukraine rather than change the ultimate outcome.

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Did the Russians really have a choice? Or were they forced to invade?

NATO Instructors Trained Neo-Nazi Azov Battalion Soldiers in 2021 (Sp.)

NATO military instructors from Denmark and the United Kingdom trained Ukrainian soldiers at a base of the nationalist Azov battalion* (banned in Russia), despite Azov’s exclusion from US military funding due to its radicalism, according to documents from the Danish embassy in Kiev seen by Sputnik on Sunday. A note from the Danish embassy dated May 21, 2021, informed the Ukrainian Defense Ministry of the arrival of six instructors for the 56-th Ukrainian army brigade in Berdyansk and Urzuf, where Azov’s main base was located. “These sites were previously investigated by Russian law enforcement officers, and the materials found there directly point to intensive training of mobilized Ukrainian citizens by Western officers, using criminal methods of warfare, which the Azovs were fluent in,” a law enforcement officer told Sputnik.

The instructors of the UK’s OP ORBITAL training team had already been present in Ukraine before, the document showed. “Operation ORBITAL is the code name of a UK program to train Ukrainian army servicepeople from the mobilization reserve. I note that these officers, as stated in the text of the document, have access to classified information, which indicates that Ukraine has provided access to information constituting state secrets, including mobilization planning documents,” the officer said. Despite the fact that the Azov battalion has been recognized by the United States as a neo-Nazi organization, NATO forces were directly involved in training of nationalist armed formations, they noted. “This is evidence of Kiev’s intensive preparations for active combat operations under NATO’s supervision,” the law enforcement officer concluded.

In August 2022, the Russian Supreme Court designated Azov as a terrorist organization. The Russian Prosecutor General’s Office said that Azov militants use prohibited means and methods of warfare and are complicit in the torture of civilians and the killing of children.

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How about future borders with Poland?

Zelensky Adviser Casts Doubt On Future Relations With Poland (RT)

Poland and Ukraine will begin “competing” after the resolution of hostilities between Kiev and Moscow, Mikhail Podoliak, the top aide to Ukrainian President Vladimir Zelensky, has claimed. The senior official made the remarks on Friday during a live appearance on Ukrainian TV. The existing “friendship” between Poland and Ukraine will not last forever, he warned. “Today, Poland is the most-close partner and the most close friend for us. And, basically, it will remain as such until the end of the war,” Podoliak stated. After the hostilities end the two countries will be “competing” with each other, he added, struggling to control “these or those markets, consumer markets, and so on.”

Over the course of the ongoing conflict, Warsaw has asserted itself as the main backer of Ukraine in Eastern Europe and one of its main supporters among Western countries. It has lavishly supplied Ukraine with assorted weaponry and military hardware while at the same time becoming a top hub for war-supply deliveries from elsewhere. In addition, the heavy presence of Polish-speaking mercenaries fighting for Kiev has been repeatedly reported from the frontline. The seemingly flourishing ties between Poland and Ukraine, however, have been heavily dented by a bitter row over agricultural produce. Earlier this year, Poland and other Eastern European nations endured mass protests by farmers, who called for an embargo on cheaper Ukrainian produce, which had damaged local markets.

The situation was temporarily defused by Brussels, which introduced ‘temporary restrictions’ on Ukrainian exports in May in order to protect farmers in Poland, Hungary, Slovakia, Romania, and Bulgaria. However, the ban does not prohibit the transit of Ukrainian agricultural produce. This week, Polish agriculture minister Robert Telus vowed to unilaterally embargo Ukrainian produce should the EU fail to extend the restrictions, set to expire on September 15. “I want to make it clear that after September 15, Ukrainian grain will still not be transported to Poland,” Telus warned.

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Putin is too popular.

Peskov Says NYT Misinterpreted His Words About 2024 Election (TASS)

Russian presidential press secretary Dmitry Peskov told TASS on Sunday that The New York Times has misinterpreted his words about the upcoming presidential election in Russia in 2024 where Putin will be re-elected by more than 90% of votes. The New York Times earlier on Sunday quoted Peskov as saying that presidential election in Russia “is not really democracy, it is costly bureaucracy” and that “Putin will be re-elected next year with more than 90% of the vote.” The article was written by Roger Cohen. “The author of the article interpreted [my words] in an absolutely wrong way,” Peskov told TASS. He confirmed that he had met and spoken to this journalist and one of his questions had been about the upcoming election.


“And the answer was the following: the level of consolidation around the president is absolutely unprecedented and it can be said already now that if he runs [for president], he will be reelected by an overwhelming majority, and the election – theoretically – only entail unnecessary spending,” he said. However, according to Peskov, he told the journalist that “the president insisted that the election be organized without fail, that this is what democracy requires.” “And the president said this in his state-of-the-nation address,” the Kremlin spokesman stressed. Apart from that, he added that he shared his personal opinion with the journalist. Presidential election will be held in Russia in March 2024. Putin has the right to run for another term in office but has not yet announced his election plans.

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Got the gold?

US Dollar ‘Verging on Breakdown’ Hits Skids As Inflation Data Nears (Sp.)

Last month, the US dollar index sank below its critical 100-level benchmark, amid reports about the greenback being on the “verge of a decisive breakdown.” The US currency has dipped to a one-week low against a basket of currencies in the aftermath of the market’s focus turning to America’s soon-to-be-published inflation data. Media reports said that the so-called US dollar index (USDX) – a measure of the greenback’s value relative to a batch of foreign currencies – “last stood at 101.98, languishing near Friday’s low of 101.73.” US inflation data is due to be released on Thursday, amid speculation that the country’s core inflation soared by 4.7% on an annual basis last month.

Separate reports also suggested that the US Federal Reserve “may need to keep rates higher for longer” in light of a “still-tight labor market.” The current fall of the greenback comes after the USDX plummeted below its important 100 level in mid-July to a low of 99.47, prompting an American business news outlet to report that the US dollar is “on the verge of a decisive breakdown that would reverse much of the gains the currency enjoyed over the past two years.” The outlet cited senior analyst Will Tamplin of an independent market research company as saying that “the breakdown in the Dollar Index is associated with a pending breakout in the euro.”

These developments are unfolding against the backdrop of de-dollarization, the process of reducing the US dollar’s hegemony in global trade and financial operations by shifting to alternative exchange methods, including national currencies and domestic payment systems, as well as modifying currency reserves. Right now, numerous countries are lining up to move away from the greenback and scrap the use of the US currency in trade transactions. These include Russia, China, India, Brazil as well as Saudi Arabia and the United Arab Emirates.

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“Our politicians will have to wean themselves off from their habitual promises to give everyone everything..”

Gold Is Replacing The Dollar (Macleod)

All the vibes coming out of the Russian and Chinese axis strongly point to a new gold-linked trade settlement currency being proposed at the BRICS summit in Johannesburg later this month. Until the details are revealed, we won’t know what this proposal actually is, whether it will fly, whether it will be simply imposed on BRICS members, or if they will have a say about its introduction and if so its form. All we can deduce is that Russia is leading this project and as an educated guess it will incorporate work by Sergei Glazyev. What we do know is that the majority of the world measured by population and GDP (on a PPP basis) is becoming confident enough to throw off the yoke of American imperialism, and with it will go the hegemonic power of the fiat dollar. And remaining tied to the dollar, it would appear that the days of western fiat currencies are similarly numbered.

In the western alliance, economists and investors alike will have to re-educate themselves about how the relationship between gold and credit works, and what is required to ensure that the link between them endures. Our politicians will have to wean themselves off from their habitual promises to give everyone everything. They will have to stop believing that they know how to deliver outcomes better than free markets. Social legislation must be rescinded, regulations annulled, and responsibility for the actions of individuals handed back to them. The position of Russia, China, the members associates and dialog partners of the Shanghai Cooperation Organisation, and BRICS+ is far stronger. None of them are burdened with the social and socialist responsibilities of the so-called advanced nations. They are in a position to operate currency boards to secure the value of their credit systems.

But instead of a currency board attached to the dollar, it must be attached directly or indirectly to gold. A gold standard can be regarded as a type of currency board — indeed, it was its forerunner.

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I don’t get that silence. Respect people’s religions.

Maduro Castigates Silence Of European Leaders On Quran Burning (TASS)

Venezuelan President Nicolas Maduro has sharply criticized the silence of ruling circles in European countries over extremists who desecrated the Quran, the holy book for Muslims, in Sweden and Denmark. “I condemn these racist acts of hatred against Muslim nations,” he told the Al Mayadeen TV, “The silence of European leaders over the burning of copies of the Quran is surprising, which amounts to their complicity in the crime.” According to Maduro, it is impossible to turn a blind eye to such provocations that humiliate Islam and its followers. “What would European Christians say if a Bible was burned in front of them? Therefore, the angry reaction of the Islamic world to the desecration of copies of the holy book is quite natural,” he pointed out.


Anti-Islamic actions involving the burning of the Quran took place on July 25 near the embassies of Egypt and Turkey in Copenhagen. A similar action was carried out a day earlier in front of the Iraqi embassy. All were organized by the far-right ultranationalist group Danish Patriots. On June 28, the burning of the Quran took place during a police-authorized demonstration in downtown Stockholm. Salwan Momika, a 37-year-old Iraqi immigrant, tore pages from the Quran and set it on fire. On July 20, he staged another provocation in front of the Iraqi embassy in Stockholm, prompting protesters to attack the Swedish embassy in Baghdad.

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“Zuckerberg was left skeptical of the idea suggesting “a more reliable platform that can actually raise money.”

Zuckerberg Tells Musk He’s Ready To Fight ‘Today’ (RT)

Meta CEO Mark Zuckerberg is up in arms and ready to fight with his tech rival Elon Musk, but is doubtful the “cage match” will materialize, as X (formerly Twitter) owner, supposedly, has never accepted the date. “I am ready today,” Zuck posted on his social media platform Threads on Sunday, “but not holding the breath,” adding that his proposed date, August 26, has never been confirmed. The remarks come in response to Musk’s tweet on Sunday morning, when he announced that he was training for the battle. “Am lifting weights throughout the day, preparing for the fight,” he said. In a tweet later the same day, the SpaceX CEO claimed that “Zuck v Musk fight will be live-streamed on X with all proceeds going to charity for veterans.”


Zuckerberg was left skeptical of the idea suggesting “a more reliable platform that can actually raise money.” The high profile “cage match” between two billionaires was first mentioned in June, when Elon Musk and Zuckerberg were trading barbs for several days on social media, over Zuckerberg’s plan to launch a rival to Twitter. The Vegas Octagon arena, which hosts UFC fights, was suggested as a venue. Musk seemed serious in his intentions to fight his nemesis, allegedly appealing earlier this month to former UFC champion Khabib Nurmagomedov, for help with training, but was reportedly turned down. Elon Musk’s mother tried canceling the fight, asking people to stop encouraging her son to fight the Meta CEO.

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