Dec 172024
 


Pablo Picasso Bust of woman with arms raised 1922

 

Judge Rules Trump Doesn’t Have Immunity In New York ‘Hush Money’ Case (ZH)
Trump Says Zelensky Not Invited To Inauguration (RT)
Trump May Use Bitcoin As US Reserve Asset On ‘Day One’ (CT)
Western Leaders Think They’re Chosen By God – Putin (RT)
German Government Collapses Just One Week After French Implosion (ZH)
German Politician: Sanctions A ‘State Coup’ Against European Industry (Sp.)
German Economy Is ‘Unraveling’ – Bloomberg (RT)
Trudeau Considering Quitting As FinMin Freeland Unexpectedly Resigns (ZH)
The Disney/ABC Settlement Reflects a New Reality for Media (Turley)
Argentina’s Milei Calls For Global Right-Wing Alliance (RT)
Russia’s Chemical Defense Chief Killed In Moscow Blast (RT)
EU’s Top Diplomats To ‘Fight’ Over Ukraine Arms Supply – Szijjarto (RT)
EU Slaps New Sanctions On Russia (RT)
Santa, Please Bring Me a War for Christmas (Kunstler)
Russia Warns Israel Against Annexing Golan Heights (RT)
Assad’s Overthrow An ‘Unfriendly Takeover’ By Türkiye – Trump (RT)
Russia Defended Its Syrian Ally Despite Al Qaeda’s Siege (SCF)
The End Of Syria – And Of “Palestine” For Now- (Alastair Crooke)
West’s Mask Is Off In Fight For The Soul Of Humanity – Roger Waters (RT)

 

 

 

 

Son

https://twitter.com/i/status/1868695541154288116


https://twitter.com/i/status/1868721105604583777

Eric Adams

Enten

 

 

 

 

Just when you thought Merchan and Alvin Bragg were fading, they’re back again.

“..a direct violation of the Supreme Court’s decision on immunity, and other longstanding jurisprudence..”

Judge Rules Trump Doesn’t Have Immunity In New York ‘Hush Money’ Case (ZH)

President-elect Donald Trump does not have immunity in the so-called “hush money” case in New York, Judge Juan Merchan ruled in a decision on Dec. 16. The conduct described by the 34 felony counts of which Trump was convicted earlier this year is related “entirely to unofficial conduct entitled to no immunity protections,” Merchan wrote. As Joseph Lord reports for The Epoch Times, the decision, coming in the wake of Trump’s sweeping victory in the 2024 presidential election, is tied to a U.S. Supreme Court decision earlier this year that reaffirmed the longstanding precedent that official presidential conduct enjoys “presumptive immunity” from criminal prosecution. The Supreme Court’s decision forced Merchan to determine whether the charges were presumptively immune under the law.

Trump’s attorneys contended that New York prosecutors introduced evidence during his seven-week trial that was protected by the Supreme Court’s presidential immunity doctrine. Manhattan District Attorney Alvin Bragg (D) urged the judge to reject Trump’s arguments, arguing that no evidence placed before the jury was protected, and even if it was, it paled in comparison to “other overwhelming evidence of defendant’s guilt.” Merchan agreed, finding that none of the challenged evidence was protected. Even if immunity did extend to the evidence in question, Merchan wrote he “would still find that the People’s use of these acts as evidence of the decidedly personal acts of falsifying business records poses no danger of intrusion on the authority and function of the Executive Branch, a conclusion amply supported by non-motive-related evidence.”

The Hill reports that Trump has separately argued that his White House victory compels the dismissal of the jury’s verdict and the case in its entirety. Manhattan District Attorney Alvin Bragg (D) has pushed back, instead laying out alternatives like freezing the proceedings during Trump’s term. The judge has yet to rule on that matter. “Today’s decision by deeply conflicted, acting Justice Merchan in the Manhattan DA Witch Hunt is a direct violation of the Supreme Court’s decision on immunity, and other longstanding jurisprudence,” Steven Cheung, Trump’s spokesperson and incoming White House communications director, said in a statement. In a separate letter, Merchan revealed that Trump also sent a Dec. 3 letter alleging juror misconduct. The judge provided sparse details but indicated the issue would be made public with redactions.

Read more …

“If he’d like to come, I’d like to have him.”

Trump Says Zelensky Not Invited To Inauguration (RT)

Ukraine’s Vladimir Zelensky was not invited to attend US President-elect Donald Trump’s inauguration ceremony next month, the incoming president told reporters on Monday. Trump, who defeated Democratic rival Kamala Harris last month, will officially be sworn in as the 47th president of the US on January 20 at an inauguration ceremony at the Capitol in Washington, DC. On Monday, Trump held his first formal press conference since winning the election. Asked by journalists whether he had invited Zelensky, Trump responded, “No, I didn’t invite him.” He, however, added, “If he’d like to come, I’d like to have him.” Trump met with Zelensky this month in Paris along with French President Emmanuel Macron for talks centered on the Ukraine crisis. Trump, who was reportedly reluctant to meet Zelensky, said afterwards that he wanted the hostilities between Moscow and Kiev to end as soon as possible.

NBC reported later that Trump’s team has been working hard to broker a truce between Ukraine and Russia that could pave the way for peace talks. Trump has repeatedly slammed the administration of current President Joe Biden for its handling of the conflict and claimed that the hostilities never would have broken out at all with him in the White House. According to media reports, Trump has invited Chinese President Xi Jinping to attend the inauguration. The offer was reportedly made in early November, shortly after Trump’s election victory. However, it remains unclear whether Xi has accepted the invitation. CBS has reported, citing sources, that China’s ambassador to the US and his spouse are expected to attend the event, as per standard practice.

Trump’s team has suggested hosting other leaders at the Capitol on January 20 in addition to Xi. While ambassadors and diplomats are typically invited, State Department records since 1874 indicate that no foreign leader has ever attended the transfer-of-power ceremony. Among other officials invited, various media outlets have named Argentine President Javier Milei, Italian Prime Minister Giorgia Meloni, and Salvadorian President Nayib Bukele. Russian presidential spokesman Dmitry Peskov said last week that the Kremlin did not receive an invitation, according to RBK.

Read more …

“A 2% allocation to Bitcoin from this pool would, in theory, drive the cryptocurrency’s price to around $900,000 per unit..”

Trump May Use Bitcoin As US Reserve Asset On ‘Day One’ (CT)

Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin BTC$102,801 as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike. In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called “Dollar Stabilization Act,” which grants him considerable authority to protect the US dollar.“There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers stated, adding: “It wouldn’t be the size and scale of 1 million coins but it would be a significant position.” The Bitcoin Act of 2024, introduced by pro-crypto Senator Cynthia Lummis in July, proposes that the Treasury and Federal Reserve purchase 200,000 BTC annually over five years, accumulating 1 million BTC.

The reserve will be held for at least 20 years, thereby taking 5% of Bitcoin’s total supply (of 21 million tokens) from circulation. These speculations have resulted in some lofty new BTC price targets for 2025 and beyond. According to Perianne Boring, founder of The Digital Chamber, Bitcoin’s capped supply could lead to significant price appreciation, especially if Trump successfully implements many of his proposed crypto policies. “If Donald Trump is successful in putting forth a lot of the proposals that he’s proposed to the [crypto] community, the sky is the limit because Bitcoin has a fixed supply,” Boring stated in an interview with Fox Business. She pointed to the stock-to-flow model, which forecasts Bitcoin’s price to exceed $800,000 by the end of 2025.

Such a surge would push Bitcoin’s market capitalization to around $15 trillion, up from its current valuation of over $2 trillion. PlanB, the creator of the stock-to-flow model, meanwhile predicts Bitcoin to average around the $500,000 valuation across 2025. However, he believes that the price may go as high as $1 million. The stock-to-flow model’s Bitcoin price prediction hinges on the assumption that demand for BTC will continue to grow. The US Treasury theoretically accumulating 200,000 BTC every year reinforces the idea of stronger demand in coming years, since it’ll likely force other counties to consider a strategic Bitcoin reserve of their own.

BlackRock, which manages over $10 trillion worth of assets, has already recommending investors to allocate 1-2% of their portfolio to Bitcoin. “We see a case for investors with suitable governance and risk tolerance to include Bitcoin in a multi-asset portfolio,” the firm’s four senior executives, including Samara Cohen, chief investment officer of ETFs and Paul Henderson, senior portfolio strategist of BlackRock Investment Institute, said in a report published Dec. 12. To put this into perspective, the total global reserve assets are valued at approximately $900 trillion. A 2% allocation to Bitcoin from this pool would, in theory, drive the cryptocurrency’s price to around $900,000 per unit.

Read more …

“In fact, there is only one stable rule: no rules for those who make the rules..”

Western Leaders Think They’re Chosen By God – Putin (RT)

Western countries continue to act as if they are God’s representatives on Earth by trying to maintain their global dominance through imposing duplicitous rules, Russian President Vladimir Putin has said. Speaking at a meeting of top Russian Defense Ministry officials on Monday, Putin noted that the military and political situation in the world remains complicated and unstable, pointing to the bloodshed in the Middle East and other regions of the world. The president stated that the current US administration, as well as most other Western governments, are still trying to preserve their global hegemony and force the international community to play by their “so-called rules” that constantly change and distort in a way that is convenient for them.

“In fact, there is only one stable rule: no rules for those who make the rules, for those who consider themselves to be at the head of the whole world, those who consider themselves to be representatives of God on Earth, although they themselves do not believe in God,” Putin said. He said that those who refuse to play by the West’s rules are subjected to hybrid wars and a “policy of containment,” as has been done in respect to Russia. “In an effort to weaken our country, to inflict a strategic defeat on us, the US continues to pump the de facto illegitimate ruling regime in Kiev with weapons and money, send mercenaries and military advisers and thereby encourage further escalation of the conflict,” the president explained. He also alleged that the West was instilling fear into its citizens by effectively provoking Russia and pushing it to the “red line” and then using that response to further frighten their populations.

Putin stressed that the West’s continued support for Ukraine, as well as its continued expansion and deployment of weapons near Russia’s borders, are pushing Moscow to the point where it will eventually have no other choice but to retaliate. He mentioned that Russia is already taking additional measures to ensure its security and that of its allies, such as updating its nuclear doctrine and equipping its army, navy, and strategic nuclear forces with modern weapons. In November, Russia officially revised its nuclear doctrine, lowering the threshold for using nuclear weapons. According to the document, Moscow reserves the right to deploy its nuclear arsenal against a nuclear or conventional attack that poses “a critical threat to its sovereignty and/or territorial integrity.” The revised doctrine also states that an attack against Russia by a foreign nation that does not have weapons of mass destruction, but is backed by a nuclear power, should be considered as a joint attack by both.

Read more …

The bets against Russia are/were a set of blind ideas.

German Government Collapses Just One Week After French Implosion (ZH)

Europe is disintegrating as legacy political regimes are collapsing over across the world. Just one week after Marine Le Pen precipitated the collapse of the French government, on Monday, Chancellor Olaf Scholz lost a confidence vote in the German Parliament on Monday, a defeat that effectively ended the increasingly unpopular government he has led since 2021 and ushered in elections early next year. German lawmakers voted to dissolve the existing government by a vote of 394 to 207, with 116 abstaining. The collapse of the government just nine months before elections had been scheduled was an extraordinary moment for Germany, once Europe’s powerhouse but now a laughingstock at the mercy of both China and Russia.

This will be only the fourth snap election in the 75 years since the modern state was founded, and it reflected a new era of more fractious and unstable politics in a country long known for durable coalitions built on plodding consensus. The confidence vote, in the same month that the French government fell, deepens a crisis of leadership in Europe at a time of mounting economic and security challenges. The war in Ukraine has reached a pivotal moment, with Russia set to make decisive territorial gains and perhaps even push on toward Kiev, while president-elect Donald J. Trump is set to take office in the United States. And now, Europe’s largest and second largest economies are in the hands of a caretaker governments, as the continent is sent reeling in a tailspin of chaos and revulsion to the status quo.

Scholz had little choice but to take the unusual step of calling for the confidence vote after his three-party coalition splintered in November, ending months of bitter internal squabbling and leaving him without a parliamentary majority to pass laws or a budget. And now, the political uncertainty could last for months. The elections are expected to be held on Feb. 23, but even if, as expected, his party does not finish first, Scholz would remain in place as a caretaker chancellor until weeks after that. He would step down only after a new coalition forms, which will probably not happen until April or May according to the NYT.. Seven parties will go into the campaign for Parliament with a realistic chance of gaining seats, and some on – especially on the right – are poised for very strong showings, according to polls.

The campaign is likely to be dominated by several issues that have roiled Europe in recent years. Germany and France, traditionally the two most influential countries in the European Union, are mired in debates over how best to revive their struggling economies, breach growing social divides, ease voter anxieties over immigration and buttress national defense. Meanwhile, the establishment EU partners are looking warily toward Russia, where Putin has escalated threats about the use of nuclear weapons amid Moscow’s war against Ukraine, and where states like Germany have been providing Kiev with long-range missiles to be used deep inside Russia, in the process ensuring that relations with Moscow are abysmal for years to come.

Read more …

“This is madness. It is like a state coup against our own industry. It is inexplicable.”

German Politician: Sanctions A ‘State Coup’ Against European Industry (Sp.)

The European Union’s continued sanctions against Russia harms member states that still import Russian oil and is akin to a “state coup” against Europe’s industry, Ralph Niemeyer, head of the German Council for the Constitution and Sovereignty, told Sputnik. On Wednesday, the Hungarian EU presidency announced that ambassadors from member states had agreed on the EU’s 15th package of sanctions against Russia. Dutch Foreign Minister Caspar Veldkamp said the new package of restrictions targeted Russia’s “shadow fleet.” “This is madness. It is like a state coup against our own industry. It is inexplicable. We still buy Russian [oil] and import it via India. It is a crazy situation, and I think all these sanctions have only made life harder but had no political effect on Russia,” Niemeyer specified.

After these sanctions were imposed, Russia began manufacturing many goods at home. Now even European companies are eager to return to the Russian market, Niemeyer told Sputnik, adding that this situation shows that these restrictions “no longer impress anyone.” Russia has repeatedly affirmed its resilience against escalating sanctions. President Vladimir Putin has cautioned that efforts to contain Russia would inflict serious harm to the global economy. Furthermore, Western countries have frequently admitted the ineffectiveness of sanctions.

Read more …

They volunteered.

German Economy Is ‘Unraveling’ – Bloomberg (RT)

Germany is approaching a point of no return amid a deepening economic downturn and political uncertainty, Bloomberg reported on Monday. Facing a second year of zero growth, the EU’s largest economy is on a path to decline that threatens to become irreversible, the outlet warned. Estimates show that after five years of stagnation, the German economy is now 5% smaller than it could have been if the pre-pandemic growth trend had persisted. The global economic slowdown, along with years of “poor” decisions has hit Germany hard, the article stated. Its export-driven industry, accounting for about 30% of its GDP, faces structural challenges, such as the loss of cheap Russian energy and the struggles of automotive giants Volkswagen and Mercedes-Benz, hit by soaring energy costs and increased competition from China.

The decline in national competitiveness translates to a loss of around €2,500 ($2,600) per household annually, according to Bloomberg calculations. The “unraveling” of the German economy would send ripples across the rest of the EU, experts warn. ”Germany doesn’t collapse overnight. That’s what makes this scenario so absolutely gut-wrenchingly terrifying,” Amy Webb, CEO of Future Today Institute, which advises German companies on strategy, told the outlet. According to Webb, a gradual, prolonged downturn will affect not only German companies or cities, “but of the entire country and Europe gets dragged down with it.” The slump comes at a time when the country is preparing for a snap election in February. Chancellor Olaf Scholz’s three-party coalition collapsed earlier this month following the ousting of Finance Minister Christian Lindner.

German Economy Minister Robert Habeck, who intends to run for chancellor next year, said on Sunday that his country had been forced into a corner by insufficient investment into its infrastructure and skilled workforce. On Friday, the German central bank slashed its growth forecast for next year to 0.2%, from the 1.1% level it had predicted in June. The regulator also said it expects the economy to contract by 0.2% this year, having previously predicted modest growth of 0.3%. ”The competitive position of German industry has worsened,” Joachim Nagel, president of the Bundesbank, said earlier this month. “Growing foreign markets have not provided growth impulses as they did in the past.”

Germany’s once-booming automotive industry is expected to lose its market share and speed up the relocation of production abroad, according to economists at Bantleon. As a result, the sector could lose up to 40% of its value-added in Germany over the next decade. The German economy has been falling behind its peers in recent years, largely due to a prolonged manufacturing downturn. Germany was the only Group of Seven economy to contract in 2023.

Read more …

Freeland is the Ukraine-born lever of Kiev in Canada. Guess they’re all giving up. Trudy may want to slip away in the darkness.

Trudeau Considering Quitting As FinMin Freeland Unexpectedly Resigns (ZH)

Update (2:30pm ET): Canada’s CTV News reports that Prime Minister Justin Trudeau is considering interrupting Parliament (prorogation) or resignation according to unnamed sources. The sources say he has spoken to his cabinet and plans to address Parliament later on Monday. This comes after finance minister Chrystia Freeland resigned earlier on Monday citing disagreements over how to deal with tariff threats from US president-elect Donald Trump. If confirmed, it would mean government collapse in 4 of the staunchest, and most developed “non-banana republic” Western democracies: France, Germany, South Korea and now Canada. And, of course, we use the term “non-banana republic” sarcastically. As for Turdeau, his odds of being Tru-done just spiked to 88% on Polymarket.

* * *

In a stunning move that shakes the government, Canadian Finance Minister Chrystia Freeland has resigned from Prime Minister Justin Trudeau’s cabinet after he tried to move her to a different role. Freeland has been the most powerful person in Trudeau’s cabinet for years, and was the point person in strategizing how to counter US President-elect Donald Trump’s threat to impose 25% tariffs. Trudeau has now seen the departure of two finance ministers in a little more than four years. Freeland got the job in 2020 after the prime minister had a falling out with then-Finance Minister Bill Morneau over issues such as spending on Covid-related income support programs.

Read more …

“..networks like MSNBC and CNN are in a ratings and revenue free fall after the election [..] Both are facing possible sales at potentially bargain basement prices.”

The Disney/ABC Settlement Reflects a New Reality for Media (Turley)

The late Richard J. Daley famously declared that “we as Democrats have no apologies to make to anyone.” That doctrine seems still to be alive and well with many in the party when it comes to President-elect Donald Trump. After ABC News and its anchor George Stephanopoulos apologized to Trump this week to settle a defamation lawsuit, many Democrats were apoplectic. Marc Elias, the controversial lawyer involved in the funding of the infamous Steele dossier by the Clinton campaign, denounced ABC News for bending a knee to Trump. He then trolled for contributions for his own organization as “unapologetically pro-democracy.” Of course, ABC was not apologizing for advancing democracy but for alleged defamation. The network and the anchor expressed “regret” for stating that Trump was found “liable for rape” in a New York civil case. (The jury found that Trump had sexually abused and defamed E. J. Carroll).

While Trump was never convicted of rape, Stephanopoulos repeated the claim ten times in his interview with Re. Nancy Mace, (R., S.C.). What made the settlement interesting is that ABC was previously relying on the statements of the judge in the New York case, Judge Lewis Kaplan, who declared that the charge of rape was “substantially true…as many people commonly understand the word ‘rape.’” Stephanopoulos played up his defiance of Trump with CBS’s late-night host Stephen Colbert. To the delight of Colbert, who regularly attacked Trump on his show and openly supported both Joe Biden and Kamala Harris, Stephanopoulos proclaimed that he wouldn’t be “cowed out of doing my job because of a threat.” He added, “Trump sued me because I used the word ‘rape,’ even though a judge said that’s in fact what did happen. We filed a motion to dismiss.” So what happened?

Well, two things and both are related to the timing of the settlement. First, the settlement came just before ABC and Stephanopoulos were to be called for depositions, as ordered by U.S. Magistrate Judge Lisette M. Reid. That discovery was likely to prove more embarrassing for the network than it would Trump and could have revealed internal messages on the controversy. The danger is on full display in another courtroom where CNN has been losing critical motions in a defamation case where punitive damages could result. Anchor Jake Tapper and CNN are being sued by Navy veteran Zachary Young after falsely suggesting that he and his organization were exploiting desperate Afghan refugees. Discovery uncovered malicious and unprofessional emails from producers promising to “nail” Young and making the segment his “funeral.” Disney was not eager to put its matinee personality, Stephanopoulos, through a similar meat grinder.

Second, the settlement occurred after an election in which Trump won the trifecta of the White House, Congress, and the popular vote. Like most media, ABC was known for its unrelenting attacks on Trump and favorable coverage toward his opponents. The network’s iconic show, The View, has become an unhinged, partisan rave session against Trump, Republicans, and the majority of American voters. The show’s hosts now regularly read retractions or corrections to blunt allegedly defamatory screeds from its hosts. It has gotten to the point that the ABC General Counsel may soon need a chair at the table. Disney is trying to adopt a more neutral stance after years of opposition for its stances on political issues and accusations of ultra-woke products. It is still struggling to appeal to over half of the country, including the most recent controversy involving the star of its soon-to-be-released remake of Snow White.

After the election, actress Rachel Zegler declared herself “speechless” over the results. That would have been a welcomed state for Disney, but the actress then found her voice in the most polarizing way, publicly praying “May Trump supporters and Trump voters and Trump himself never know peace.” Zegler was clearly miscast in the film. It was the evil Queen that was supposed to harken “a blast of wind to fan my hate.” On top of these controversies, ABC News was attacked by many of its handling over the Trump debate with Vice President Kamala Harris and it’s biased “fact-checking.” With networks like MSNBC and CNN are in a ratings and revenue free fall after the election, Disney clearly wants to start fresh with the new administration. Both are facing possible sales at potentially bargain basement prices.

The media echo chamber against Trump failed spectacularly in this election. With record levels of distrust of mainstream or legacy media, the public has increasingly shifted to new media. In the meantime, Trump has been running the table on lawfare with the dismissal of the two federal cases and a victory on presidential immunity in the Supreme Court. The Georgia prosecution is falling apart over the conduct of the prosecutors rather than that of the defendant. The New York civil case faced a highly skeptical court over the grotesque award against Trump and his corporation.

Even Democratic politicians like Sen. John Fetterman (D., Pa.) now feel comfortable admitting publicly that the New York hush money prosecution was “bullsh*t.” For many politicians and pundits, the election seemed to flip the magnetic poles of the country. We now have ABC News giving millions to the Trump Presidential Library as democratic donors move toward a boycott of the Biden President Library. With networks like MSNBC and CNN struggling for their very existence, ABC is intent on having a chair when the music stops. While the ABC settlement may not be an admission of guilt, it is a recognition of the reality after this historic election.

Read more …

“..right-wingers “have to be like a Roman legion, which always prevails over larger armies, precisely because no one breaks the formation.”

Argentina’s Milei Calls For Global Right-Wing Alliance (RT)

Global right-wing groups should form an alliance to combat leftist and centrist ideologies, which are turning the world into “hell,” Argentine President Javier Milei has said. He made the remarks on Saturday at an annual political festival organized in Rome by Italian Prime Minister Georgia Meloni’s right-wing Brothers of Italy party. According to Milei, a right-wing populist, a concerted effort from global right-wing groups is necessary to fight the liberal left, which he slammed as “the cult of power for power’s sake.” “The left is proof that the most terrible ideas can triumph culturally if they are well marketed… it prefers to reign in hell than to serve in heaven. And, if they have to turn heaven into hell to stay in power, they will do it,” Milei stated at the annual Atreju event.

Adhering to liberal ideology has cost Argentina “a whole century of humiliation,” with “traditional politics” bringing the country “nothing but ruin,” he added. Milei claimed that he also sees the “extreme center” masquerading as socialism as an adversary, whose “position and tools are always functional to the criminal left.” “There is no consensus between good and evil. That is why we are skeptical of any concept of a center that, on the surface, is moderate, but beneath the surface, is complicit and always functional to socialism,” he argued, saying that nationalists around the world should unite to defeat these two “evils.” “The only way to fight organized evil is with organized good. When the adversary is strong, the only way to defeat him is with greater force,” Milei stated, arguing that the world is facing “epochal changes” where the global system of “privileged castes” is collapsing.

“We have to take responsibility for this reality and rise to the occasion, and the most effective way is to be together, establishing channels of cooperation throughout the world,” he said, calling for Italian nationalists to join his effort of creating an “incipient right-wing international” alliance. Driving his point home, Milei used a reference to Italy’s historic roots, saying that right-wingers “have to be like a Roman legion, which always prevails over larger armies, precisely because no one breaks the formation.”

Milei and fellow right-wing politician Meloni have been working on establishing closer relations since last year. In an apparent attempt to reinforce the ties between their two states, the government in Rome this weekend granted Milei and his sister Karina Italian citizenship. It is not the first time that Milei has pitched the idea of uniting the right wing around the world. At the Conservative Political Action Conference (CPAC) in Buenos Aires earlier this month, he urged the right to unify and launch a “cultural battle… to prevent leftists from gaining ground anywhere.”

Read more …

Russia will have to retaliate by killing someone of similar stature.

Russia’s Chemical Defense Chief Killed In Moscow Blast (RT)

Lieutenant General Igor Kirillov, the head of Russia’s Radiological, Chemical, and Biological Defense Forces (RChBZ), has died in a blast together with his aide. According to investigators, an explosive device hidden in a scooter was detonated on Tuesday morning near the entrance of a residential building in Moscow’s south-east. Here’s what is known about Kirillov: From September 2014 to April 2017, he served as the head of the Military Academy of the RChBZ named after Marshal of the Soviet Union Semyon Timoshenko. In April 2017, Kirillov became the chief of the RChBZ troops. Kirillov dealt with anti-terrorism both domestically and abroad. He exposed the provocations of the controversial White Helmets volunteer organization in Syria, and participated in mitigating the consequences of natural and man-made disasters.

Since the beginning of the military operation against Ukraine in February 2022, Kirillov has spoken at briefings held by the Ministry of Defense, where he shared information about Ukrainian developments in the areas of radiological, chemical, and biological weapons. In March 2022, he announced that Ukrainian biolaboratories were studying the potential for transferring highly dangerous infections through migratory birds. The same month, Kirillov presented copies of documents that, according to him, confirmed the Pentagon’s funding of biological laboratories in Ukraine. In June 2024, Kirillov stated that spent nuclear fuel and hazardous chemical waste were being imported into Ukraine for a potential “dirty bomb” creation. He added that radiochemical substances were still being brought into Ukraine for disposal. According to him, these supplies were overseen by Andrey Yermak, Vladimir Zelensky’s right-hand man, with primary routes passing through Poland and Romania.

In October 2024, the UK slapped Kirillov with sanctions after he accused Ukraine of preparing a false-flag chemical weapons attack with the aim of framing Russia and undermining its position at the OPCW. Kirillov noted that NATO had provided Ukraine with a much larger amount of chemical protective equipment than the country actually needs, calling it further evidence of an impending plot. In November 2024, Kirillov said that Ukraine planned to seize a nuclear power plant during its large-scale incursion into the Kursk Region. Kirillov was killed in the blast one day after Ukraine’s Security Service (SBU) formally declared him a suspect in the alleged use of chemical weapons against Kiev’s military. The general rejected claims that Russia had been attacking Ukraine with riot control agents and chemical weapons, recalling that the OPCW had confirmed the complete destruction of all Russian chemical weapons stockpiles in 2017.

Read more …

“Even the approach of Christmas cannot dampen the mood of war..”

EU’s Top Diplomats To ‘Fight’ Over Ukraine Arms Supply – Szijjarto (RT)

“A big fight” is looming in Brussels on Monday over the allocation of billions of euros earmarked to arm Ukraine, Hungarian Foreign Minister Peter Szijjarto has warned. The EU’s Foreign Affairs Council is holding its last meeting before Christmas in Brussels on Monday. The conflict between Moscow and Kiev is at the top of the agenda. The bloc’s top diplomats “want to free up more than €6 billion” to purchase arms for Ukraine, Szijjarto wrote on Facebook while arriving at the Budapest airport to depart for the meeting. “Even the approach of Christmas cannot dampen the mood of war,” stated Hungary’s top diplomat. “Even with the possibility of a Christmas ceasefire and mass prisoner exchanges on the table,” the EU’s top diplomats will discuss further arming Ukraine, he lamented.

Last week, Hungarian Prime Minister Viktor Orban put forward a proposal for a ceasefire over the Christmas period and a major prisoner exchange between Russia and Ukraine. Kiev has since rejected the proposal. Moscow confirmed receiving the offer, while pointing at Kiev’s refusal. Kremlin spokesman Dmitry Peskov said on Thursday that Moscow supports Orban’s initiatives and hopes that consultations on peace will continue. “There will be a big fight today, but we will not give in… we need a ceasefire in Ukraine, not more weapons!” concluded Szijjarto. Hungary, along with neighboring Slovakia, is opposed to the EU policy of arming Kiev and has been calling for a diplomatic solution to the conflict.

The meeting in Brussels is being chaired for the first time by the new EU high representative for foreign affairs and security policy, Kaja Kallas. The Estonian diplomat took over from Josep Borrell on December 1. She has advocated for tougher sanctions on Russia and is known for her strident stance against Moscow.

Read more …

When in a hole, dig harder..

EU Slaps New Sanctions On Russia (RT)

The European Council adopted its 15th package of sanctions against Russia on Monday, focusing on efforts to weaken Moscow’s military and industrial capabilities and targeting its export revenues. The measures address the “circumvention of EU sanctions” by targeting what is called Russia’s “shadow fleet” of oil tankers, the Council said in a statement. For the first time, “fully-fledged” restrictions have also been imposed on “various Chinese actors” that the EU accuses of supplying drone components to Moscow. The “significant package” adopted on Monday consists of 54 individuals and 30 entities “responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine,” the Council said.

The EU targeted primarily Russian defense firms and shipping companies that transport crude oil and oil products by sea. A chemical plant and a civilian Russian airline, “an important provider of logistical support” to the Russian military, were also sanctioned. A travel ban, asset freeze, and a ban on providing economic resources were placed on “various Chinese actors supplying drone components and microelectronic components” to Russia, stated the Council. Some of the targeted entities are located in third countries such as China, India, Iran, Serbia, and the United Arab Emirates, it added. The EU said it “remains ready” to consider “further sanctions.”

The bloc has adopted a series of measures aimed at reducing Russia’s export revenues, weakening its military capability and showing support for Kiev since the Russia-Ukraine conflict escalated in 2022. The previous package of restrictions was adopted in June. The EU requires unanimity to adopt new sanctions. Moscow has long criticized the measures targeting its economy and trade, while many experts in both Russia and the West have said that unilateral sanctions do more harm to the countries that impose them than to Russia itself.

Read more …

“Are you aware that the main diminishing return of our magical computer tech is that it’s made our society an order-of-magnitude dumber across the board?”

They’ve got thirty-five days to. . . to do something! (Somebody, please do something!!!)

Santa, Please Bring Me a War for Christmas (Kunstler)

So, you expected “Joe Biden” to serve up a neat little Christmas-time World War Three, lobbing ATACMS into Russia and all, but instead, surprise surprise, you got The War of the Worlds: mysterious drones hovering on-high over the endless muffler shops, manicure parlors, mafia palazzos, and mosques of New Jersey. But there seems to be more to this than, say, the stunt that Orson Welles pulled in 1938, scaring a few rubes over the radio. This ain’t no foolin’ around. It’s been going on for weeks. And not just in New Jersey. But around New York City, up the Hudson River Valley above Stewart Airport, over in Massachusetts, down in Pennsylvania, and out in Ohio in the vicinity of Wright-Patterson Air Force Base near Dayton Ohio. Howls of “WTF” echo all over the cable news channels. The US government — that is, the twilighting “Joe Biden” admin — plays dumb.

Alejandro Mayorkas, our unimpeachably frank Homeland Security chief told ABC-News on Sunday “that there’s no question that drones are being sighted.” I’m sure that told you a lot. He went on to explain that the FAA changed its rules last year allowing drones to fly at night. Are we to suppose that avid US drone-owners waited until the very last month of this year to start flying their pet aircraft after dark? Pentagon spox John Kirby, added helpfully at a news conference that federal investigators had been “unable to corroborate reports of any unauthorized drones above New Jersey.” (Translation: DARPA and other Pentagon ops are too busy figuring out new ways to surveil and kill you to bother with these drone swarms.)

Theories abound and multiply. One is that these are US Govt drones seeking signals of radioactivity emanating from a nuclear bomb supposedly purloined out of Ukraine’s old Soviet arsenal — and possibly stashed in a shipping container or some-such other hidey-hole along our east coast. It’s a good story. It’s rumored that some-60 Uke nukes from that era have gone missing in the decades since. Of course, the theoretical owner of such a device would have to be pretty dumb to not stash his nuke in a lead-shielded casket to prevent detection. In the meantime, what else can be said or done? Standing by on that mushroom cloud. . . . Blogger / Author and former White House stenographer (2002 – 2018) Mike McCormick had a neat theory: that shipping interests were testing drone deliveries of imported goods from offshore in an attempt to work-around the longshoreman’s union contract negotiations currently underway. The union has been fighting against automation that would eliminate the good-paying jobs of 85,000 dock-workers. Any takers on that one?

Of course, it’s difficult to swallow the govt’s statements that, basically, they dunno nuffins ‘bout no drones. There are enough of them flying over enough varied terrain that surely the USAF could find a way to shoot one down over a cow pasture in, say, Orange County, New York. I’m frankly a little surprised that some enterprising civilian marksman hasn’t popped off a few 7mm Remington mag loads into the hovering lights. At least they haven’t said it’s Santa Claus testing a new high-tech delivery system that would put his old-timey sleigh-and-reindeer out of business. The theory I lean toward is the notion that “Joe Biden” (meaning the DC blob) is desperately seeking some way to obstruct or fend-off the January 20th inauguration of Mr. Trump. Because, well, to put it bluntly, a whole lot of blobistas are worried about going to jail when the likes of Kash Patel, John Ratcliffe, Tulsi-G, and Pam Bondi get their mitts on the levers of power and start opening up the files. They’ve got thirty-five days to. . . to do something! (Somebody, please do something!!!)

There was a lot of chatter all year long about a coming space alien emergency. I know, sounds preposterous, and even more so when you consider that the military arm of the blob would be so dumb as to try to pass off drones as alien spacecrafts — like something out of a 1950s horror movie when the “special effects” had to be done with puppets and balsa-wood models flying on wires. Maybe it’s actually come to that in this super dumbed-down age. (Are you aware that the main diminishing return of our magical computer tech is that it’s made our society an order-of-magnitude dumber across the board? Well, it has.) The situation remains fluid, with ongoing investigations and public discourse about the implications and origins of these drone activities. The FBI is on-the-case (so never fear!) along with Mr. Mayorkas and his outfit, and maybe even the US military. Chill. They got this — as Hollywood loves to say. Go shopping. Have a goshdarn eggnog. Shut up.

Read more …

After Syria fell, why would anyone listen to Moscow?

Russia Warns Israel Against Annexing Golan Heights (RT)

Israel should avoid being “intoxicated by opportunities” presented by the ongoing crisis in Syria, Russian Deputy Foreign Minister Sergey Ryabkov has warned after Israeli troops launched an incursion into the neighboring country. Earlier this month, Syrian opposition forces led by Hayat Tahrir-al-Sham (HTS) jihadists launched a surprise offensive across the country, capturing a number of major cities, including the capital Damascus. In response, Syrian President Bashar Assad resigned and was granted asylum in Russia. Following the fall of Assad’s government, the Israel Defense Forces (IDF) invaded the buffer zone between Syria and the Golan Heights. Despite harsh criticism from the UN and Arab states, Israeli Prime Minister Benjamin Netanyahu announced on Sunday that his cabinet had approved a plan to expand the Jewish population in the illegally occupied area and “settle” in the Golan Heights indefinitely.

Commenting on the developments on Monday, Ryabkov was asked which external players were acting behind the scenes in Syria. The diplomat said that aside from the US, whose presence is “definitely visible,” Israel is one of the main “beneficiaries” of the current situation. “I would like to warn certain ‘hotheads’ in West Jerusalem against being intoxicated by opportunities,” Ryabkov said, stressing that “the annexation of the Golan Heights, which many are talking about now, is absolutely unacceptable.” He called on Israel to return to full implementation of the 1974 disengagement agreement with Syria, under which a buffer zone was established in the Golan Heights.

Previously the Israeli government claimed that the agreement had “collapsed” with the fall of the Assad government. IDF chief of staff Herzi Halevi stated that Israel “isn’t intervening in what is happening Syria” and has “no intention of administering Syria.” However, he said that after the Syrian Army collapsed, there is now a “threat that terror elements will come here, and we advanced so… extreme terror elements won’t settle close to the border with us.” Israeli Defense Minister Israel Katz has also said that the incursion into the buffer zone is intended to create a new “security area” that would be clear of “heavy strategic weapons and terrorist infrastructure.”

Read more …

“[Türkiye] wanted [Syria] for thousands of years, and he got it… Türkiye did an unfriendly takeover without a lot of lives being lost..”

Assad’s Overthrow An ‘Unfriendly Takeover’ By Türkiye – Trump (RT)

Türkiye is behind the regime change in Syria, US President-elect Donald Trump claimed on Monday in his first press briefing since the November election. Trump called the overthrow of Bashar Assad and his government an “unfriendly takeover” by Ankara. The situation in Syria has changed drastically over the past two weeks after militants led by the Hayat Tahrir-al-Sham (HTS) jihadist group launched an offensive against the country’s troops, taking over major cities, including the capital Damascus. After the collapse of the Syrian military, the armed opposition seized power, forcing President Assad to flee to Russia, where he was granted political asylum. “Those people that went in are controlled by Türkiye, and that’s OK,” Trump stated. He added that he considers Turkish President Recep Tayyip Erdogan a “smart” and “very tough” guy for succeeding in the overthrow of the Syrian leadership.

“[Türkiye] wanted [Syria] for thousands of years, and he got it… Türkiye did an unfriendly takeover without a lot of lives being lost,” Trump added. He also praised what he described as Türkiye’s “major military force” which “has not been worn out with war.” According to Trump, Türkiye will also play a significant role in Syria’s future. “Nobody knows what the final outcome is going to be in the region. Nobody knows who will rule in the final… Right now, Syria has a lot of indefinites, but I think Türkiye is going to hold the key to Syria,” the president-elect predicted. Türkiye shares its longest land border with Syria, over 900km, and had been a main backer of opposition groups aiming to topple Assad since the outbreak of the civil war in 2011. Despite listing the jihadi HTS, which initiated the current unrest, as a terrorist organization, Ankara is thought to have significant influence over the group.

Türkiye also backs the Syrian National Army (SNA), which earlier this month launched its own offensive in the eastern part of the country, hoping to capitalize on the collapse of Syrian government forces. Days prior to Assad’s overthrow, Erdogan voiced support for the insurgency in Syria, urging the armed opposition to continue their march to Damascus. Since Assad’s ouster, Washington and Ankara, which both back various rebel groups in the region, have held talks on ways to stabilize the situation and counter the potential resurgence of Islamic State militants in Syria. At a meeting between US Secretary of State Antony Blinken and Turkish Foreign Minister Hakan Fidan last week, the two agreed to continue working together on preventing terror groups from abusing the current instability in the country and on bringing peace to the region, starting with efforts to establish an interim government.

Read more …

“Ultimately, Assad’s fall was due to the betrayal by his own generals.”

Russia Defended Its Syrian Ally Despite Al Qaeda’s Siege (SCF)

Bashar Al Assad’s government has collapsed, and the Syrian Arab Republic no longer exists. Despite having some advantage over HTS terrorists (formerly the Al Nusra Front, a local branch of Al Qaeda), the Syrian Army failed to stop their advance, leading to the fall of the capital and a regime change. Thanks to Russian support, Assad and his family were spared, and the Syrian president has already been granted asylum in Moscow. On social media, pro-Western propagandists and anti-Russian groups have been pushing the narrative that Assad’s defeat is “Russia’s fault.” Rumors about a supposed “deal” between Russia, Israel, and Turkey to allow Syria’s fall have been circulating, but these are baseless claims.

It is essential to understand that Assad’s downfall was the result of a coup, not a military defeat. Al Qaeda forces were suffering heavy losses on the battlefield, despite making some progress mainly due to the Syrian army’s strategic retreats. The Russian Aerospace Force was actively targeting terrorist positions, creating a favorable military situation for the legitimate Syrian government. However, as reported, Assad was pressured into signing an agreement with the opposition to allow a “peaceful” regime transition. In exchange, he was granted the opportunity to leave the country and seek asylum in Moscow. The Syrian president likely did this to avoid a further civil war and to improve the lives of the Syrian people, but he was also under significant pressure from internal “allies.”

Days before Damascus fell, reports of tensions between Republican Guard officers and other military units had started to surface. Clearly, there was growing discontent and potential mutiny within the pro-government forces. The consistent retreat of Syrian troops, even when they held technical and numerical advantages, led some analysts to suspect sabotage by certain Syrian commanders. It is important to remember that the economic crisis, foreign sanctions and the lack of satisfactory reforms had created precarious conditions in the Syrian army. Syrian generals had extremely low salaries, of just a few tens of dollars, which explains why they were easily co-opted by foreign powers. There was a betrayal of Assad, but it came from within Syria itself, not from external allies like Russia or Iran. Several factors could explain this.

Assad had recently begun to engage with Gulf powers, traditional rivals of Iran, who pressured Syria to reduce foreign military presence. Some Syrian generals supported this narrative, creating pressure that limited Assad’s ability to seek further Russian and Iranian assistance during the terrorist offensive. Numerous videos have surfaced showing Syrian soldiers frustrated that they were prohibited from fighting. Ordinary soldiers were ready to defend the country against Al Qaeda, but their commanders ordered them not to engage. There is enough evidence to support the claim that the betrayal of Assad came from within the Syrian military, with possible connections to external actors, including Turkey and the Gulf states. From Russia’s perspective, aside from its commitment to traditional allies, there were pragmatic reasons to protect Assad.

A pro-Russian Syria prevented the construction of a Qatari-Turkish gas pipeline that could have supplied Europe. Additionally, Russian military bases in Syria allowed Moscow to secure a strategic foothold in the Mediterranean and maintain a balanced relationship with Turkey. More importantly, Russia had security concerns. Al Qaeda fighters in Syria had received training from Ukrainian instructors and were equipped with Western weapons from aid packages to Kiev. The HTS also included a significant number of Salafist mercenaries from Central Asia. Russia faces significant security risks from terrorist infiltration among Central Asian immigrant groups, making the return of war experienced terrorists from Syria a serious concern.

It was not in Russia’s interest to allow these experienced terrorists to return to Central Asia, nor to see the Kiev regime benefit from military reinforcements from Wahhabi militias that had fought in Syria. Had Assad remained in power and defeated the terrorists, these risks would have been minimized. Ultimately, Assad’s fall was due to the betrayal by his own generals. Russia did all it could to assist Syria, but the Syrian army itself was not engaged in the fight. The tragedy in Syria represents a victory for Russia’s geopolitical adversaries, which underlines the fact that Moscow did everything possible to prevent this outcome.

Read more …

“..Türkiye and Israel worry that today’s conquerors may prove ephemeral, and may soon themselves be displaced.”

The End Of Syria – And Of “Palestine” For Now- (Alastair Crooke)

Syria has entered the abyss – the demons of al-Qa’eda, ISIS, and the most intransigent elements of the Muslim Brotherhood are circling the skies. There is chaos, looting, fear, and a terrible passion for revenge scalds the blood. Street executions are rife. Maybe Hayat Tahrir Al-Sham (HTS) and its leader, Al-Joulani, (following Turkish instruction), thought to control things. But HTS is an umbrella label like Al-Qa’eda, ISIS and An-Nusra, and its factions have already descended into factional fighting. The Syrian ‘state’ dissolved in the middle of the night; the police and army went home, leaving weapons depots open for the Shebab to loot. The prison doors were flung (or prised) open. Some, no doubt, were political prisoners; but many were not. Some of the most vicious inmates now roam the streets.

The Israelis – within days – totally eviscerated the defence infrastructure of the state in more than 450 air strikes: missile air defences, Syrian air force helicopters and aircraft, the navy and the armouries – all destroyed in the “largest air operation in Israel’s history”. Syria no longer exists as a geo-political entity. In the east, Kurdish forces (with U.S. military support) are seizing the oil and agricultural resources of the former state. Erdogan’s forces and proxies are engaged in an attempt to crush the Kurdish enclave completely (although the U.S. has now mediated a ceasefire of sorts). And in the south-west, Israeli tanks have seized the Golan and land beyond to within 20 kms of Damascus. In 2015 the Economist magazine wrote: “Black gold under the Golan: Geologists in Israel think they have found oil – in very tricky territory”. Israeli and American oilmen believe they have discovered a bonanza in this most inconvenient of sites.

And a big impediment – Syria – to the West’s energy ambitions has just dissipated. The strategic political balancer to Israel that was Syria since 1948, has vanished. And the earlier ‘easing of tensions’ between the Sunni sphere and Iran has been disrupted by the rude intervention of ISIS rebrands and by Ottoman revanchism working with Israel, via American (and British) intermediaries. The Turks have never really reconciled themselves to the 1923 Treaty that concluded World War I, by which they ceded what is now northern Syria to the new state of Syria. Within days, Syria has been dismembered, partitioned and balkanised. So why do Israel and Türkiye still bomb? The bombing started the moment Bashar Al-Assad departed – because Türkiye and Israel worry that today’s conquerors may prove ephemeral, and may soon themselves be displaced.

You don’t need to own a thing in order to control it. As powerful states in the region, Israel and Turkey will wish to exercise control not just over resources, but over the vital regional crossroads and passageway that was Syria. Inevitably however, ‘Greater Israel’ is likely, at some point, to butt heads with Erdogan’s Ottomanesque revanchism. Equally the Saudi-Egyptian-UAE front will not welcome the resurgence of either ISIS re-brands, nor the Turkish-inspired and Ottomanised Muslim Brotherhood. The latter poses an immediate threat to Jordan, now bordering the new revolutionary entity. Such concerns may push these Gulf States closer to Iran. Qatar, as purveyor of arms and funding to the HTS cartel, may again be ostracised by other Gulf leaders.

The new geo-political map poses many direct questions about Iran, Russia, China and the BRICS. Russia has played a complex hand in the Middle East – on the one hand, prosecuting an escalating defensive war versus NATO powers and managing key energy interests; while, at the same time, trying to moderate Resistance operations toward Israel in order to keep relations with the U.S. from deteriorating utterly. Moscow hopes – without great conviction – that a dialogue with the incoming U.S. President might emerge, at some point in the future.

Read more …

“We, the people, hate it. We hate the brutality of our governments.”

West’s Mask Is Off In Fight For The Soul Of Humanity – Roger Waters (RT)

“Criminal lunatics” in the West want to bring about a future in which genocide is permitted, and it’s up to people who don’t agree with that to make a stand, Pink Floyd frontman and human rights activist Roger Waters has said. The rock legend is well known for his support of the Palestinian cause and criticism of Israel and its supporters. The 81-year-old discussed the escalation of violence in the Middle East and revealed what gives him strength to keep campaigning during an interview on the program Going Underground. ”We are watching the machinations of possibly the end of an empire, the Western empire. The mask is off. We, the West, behave with unbearable brutality towards oppressed peoples all over the world,” he said. “We, the people, hate it. We hate the brutality of our governments.”

This is “an existential battle for the soul of the human race,” Waters added. He believes his side has billions of like-minded supporters.If the empire wins this battle, our children and grandchildren and any survivors of this stuff will have to live in a future where we’ve just all agreed that a genocide is OK. Waters mocked activists who cheered the fall of the Syrian government earlier this month. The government in Damascus never had a chance to make things better for the Syrian people because of Western sanctions and the partial military occupation of the country, he said. The US has effectively been “stealing” Syrian oil for a decade, Waters claimed. ”We are a gang of powerful gangsters here, and we are going to steal everything that there is in the world that is worth stealing,” he said of the West’s policy.

Read more …

 

 

 

 

Space
https://twitter.com/i/status/1868476560396955963

 

 

Siblings
https://twitter.com/i/status/1868422041445277850

 

 

Rich

 

 

Hello!
https://twitter.com/i/status/1868263884907598054

 

 

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Dec 242022
 
 December 24, 2022  Posted by at 10:09 am Finance Tagged with: , , , , , , , , , ,  27 Responses »


Edvard Munch Christmas in the brothel 1904-05

 

Santa and Satan (Kunstler)
What Should We Make Of The Latest Muppet Show In DC? (Saker)
Kiev Is Mulling Peace Plan, WSJ Reports (RT)
Kremlin Comments On Kiev’s Purported Peace Plan (RT)
US Has Nothing To Lose, Everything To Gain, From Longer Ukraine Conflict (Luk.)
NATO Armies Drained By Ukraine Conflict – Media (RT)
In for a Pound (Schryver)
The US Love For Ukraine Or Hate Against Russia? (Awan)
Russia Sets Its Own Gas Price Cap For EU (RT)
Russia Warns Of Oil Production Cut (RT)
Mass Twitter Suspension Of Accounts Criticizing Zelensky Visit To Congress (PM)
Can China Help Brazil Restart Its Global Soft Power? (Escobar)
United States Attorney Announces Extradition Of SBF To US (SDNY)

 

 

It’s Christmas Eve and all we can talk about is war. The next step once the last Ukrainian dies, as Gonzalo also says, may well be to push Poland forward as the -willing- next proxy. Because the Poles do have the equipment, and the personnel to operate it.

Merry Christmas.

 

 

 

 

Rob Reiner

 

 

Gonzalo Will Poland Be The Next Proxy

 

 

 

 

Pelosi
https://twitter.com/i/status/1606110816540819457

 

 

 

 

Slowak flag

 

 


stationary slit vision

 

 

 

 

Krampus.

Santa and Satan (Kunstler)

The Santa we know came from a mashup of ancient pre-Christian Teutonic and Norse folk figures (Wotan, Odin) with the 4th century Greek bishop, St. Nicholas, a humble giver of gifts to children. That evolved in 19th century Anglo-America, with help from Washington Irving, Charles Dickens, and Clement Moore, into the jolly fat man in a fur-lined cloak, chortling merrily amid the platters of roast goose and baskets of sugarplums. And then, of course, the Santa character was retooled and stylized by the big advertising mills of mid-20th century Madison Avenue into the red-suited icon who functioned as a cosmic delivery-man to suburban houses where the little ones dwell, efficiently distributing Red Ryder BB guns and Barbie Dolls from sea to shining sea out of his reindeer-powered express vehicle, circling the entire globe in a single breathless night of glittering snow and shining stars, plangent with countless wishes from little hearts.

Strange to relate, in some corners of Europe, St. Nick acquired a traveling companion named Krampus. The two went from house-to-house in the dark hours of St. Nick’s name-day (Dec. 6) interrogating children as to their conduct. Dark and hirsute with horns, cloven hooves, and a darting red tongue, this monster acted the “bad cop” of the roving pair, badgering the little ones about their naughty or nice doings, and whacking them with a birch rod if he didn’t like their answers. If especially displeased, he stuffed kids into a basket for transport to Hell. A Krampus-like character reemerged in America this pre-Christmas week in the figure of Volodymyr Zelenskyy, president of Ukraine, who flew halfway around the world in a US government-issue magic sled to meet up with his chum, the new Santa Claus, “Joe Biden,” alleged current president of our land.

Mr. Z, still tricked-out in his wartime olive-green togs and scrufty beard, was here to lecture the boys and girls of Congress about being naughty or nice vis-à-vis “democracy” in his distant land, lately under a siege of angry bears. Ukraine did nothing to make the bears angry, you understand. They just lumbered in from the forest one day and started busting stuff up, as bears will. Ukraine has already received many gifts from Santa’s workshop, formerly known as the USA, toys much more impressive than any Red Ryder BB gun, for sure: howitzers, Javelin missiles, Stinger missiles, High Mobility Artillery Rocket Systems (HIMARS), Phoenix Ghost tactical drones, Switchblade tactical drones, Puma surveillance drones, Vampire anti-drone systems, Mi-17 helicopters, Harpoon coastal defense systems, and much more. (How did Santa fit it all in his sack?)

“Joe Biden” promised another fifty-billions of dollars to Mr. Z’s bear-extermination project, with the further objective of dethroning the king of all bears, the wicked Putin, who glowers at the world from the mouth of his faraway Kremlin Cave. Then, in Congress Wednesday night, before a coast-to-coast TV audience, Mr. Z tuned-up our elected boys and girls in the great House chamber, forked tongue darting, to tell heart-wrenching tales of bear-provoked terror. He played them like the very keys of a harpsichord — a trick he has performed before with an interesting twist on Ukrainian television. The elect of our land stood and cheered, ready to proclaim Ukraine the fifty-first state. Mr. Z stole a smooch from the ruler of Congress, the winsome Ms. Pelosi, and then disappeared in a puff of smoke that left a tang of sulfur wafting on the stale air.


To underscore his seriousness, and using his secret powers, Mr. Z arranged for a bomb-cyclone storm to roar out of the North Pole a few days after his departure to give Americans a little taste of what it’s like to sit in the cold and dark at Christmas time — because the USA is such a blessed land as to have no problems of its own, and needs to be reminded about the sufferings of the less fortunate. And so it goes this Yuletide of 2022 in our charmed and exceptional country. The elves at Clusterfuck Nation wish you all a merry little Christmas!

Read more …

“..Russia has been preparing non-stop for a full-scale continental war since at least 2014..”

What Should We Make Of The Latest Muppet Show In DC? (Saker)

Since Dubya and Obama the White House has been occupied by weak and frankly clueless leaders, hence the various interests groups which control DC run “their own foreign policy”. So, like vectors, the various goals and means of the key actors add up to create a “sum vector” which can *look* like “a policy” or “a plan”, but it is no such thing. What is true of the US is even MORE true for NATO. Hence the Poles pulling at their chain like rabid dogs to the horror of the comparatively sane(er) Europeans. I fully agree with Andrei Martyanov – the folks in charge in the West are totally clueless and they have absolutely no idea how to walk away from the mess they created.

The Neocons probably would prefer a worldwide nuclear war to a Russian victory, but non-Neocon actors might not want to die for a sick, narcissistic, gang of ignorant yet self-worshiping thugs. Who will prevail? I have absolutely no idea. I am not sure anybody else knows either. What I do know is that Russia has been preparing non-stop for a full-scale continental war since at least 2014. Defense Minister Shoigu has declared that next year Russia will add five new artillery divisions, eight bomber aviation regiments, one fighter regiment, three motor-rifle divisions, two air-assault divisions, and six army aviation brigades to the Russian armed forces!

And, by the way, these “artillery divisions” will be what is called “high power” brigade/division in Russia, that is to say that they get the very heavy weapons, like 203mm and 240mm self-propelled mortars. Something which the newly recreated First Guards Tank Army (a “Shock Army” in Russian military terminology) would need to further increase its huge firepower power. And did I mention that Russia has fully modernized her nuclear triad and that key weapons factories in Russia are now working for 6 days weeks with 3 shifts working non-stop?

Zel DC

Read more …

Kiev and NATO can make any ‘peace plan’ that they know Russia won’t accept.

Kiev Is Mulling Peace Plan, WSJ Reports (RT)

Ukraine may present its vision of peace around the last week in February, near the first anniversary of Russia’s offensive against the country, the Wall Street Journal has reported. The US newspaper, citing European and Ukrainian diplomats, claimed President Vladimir Zelensky and his team are currently working on such a formula. In its article on Thursday, the media outlet alleged that the Ukrainian leadership wants to strengthen its position at the negotiating table by making gains on the battlefield against Russia before unveiling any peace proposals. The topic of peace and how Ukraine sees it was high on the agenda of US President Joe Biden and his Ukrainian counterpart Zelensky during the latter’s visit to Washington on Wednesday.

However, according to the Washington Post, citing an anonymous senior US official, the discussion was largely “academic,” as the US and Ukraine believe Russia is not interested in any such negotiations at this point. Addressing G20 leaders in Indonesia last month, President Zelensky laid out a ten-point peace plan, which called for, among other things, the withdrawal of Russian troops from Ukraine and an “all for all” prisoner swap. The Kremlin, in turn, insisted that Kiev must recognize the “reality on the ground” as a prerequisite for any peace negotiations. In Moscow’s eyes, this reality includes the new status of Donetsk, Lugansk, Kherson and Zaporozhye regions as parts of Russia.

Unnamed Western officials cited by the Wall Street Journal had suggested that Russian President Vladimir Putin is preparing to launch a renewed offensive in the coming months and is not interested in any peace talks before he sees how those efforts pan out. Meanwhile, speaking to journalists on Thursday, the Russian head of state said that Moscow’s “goal is not to ramp up this military conflict, but, on the contrary, to end this war, that is what we are striving for and will strive for.” Putin noted that the sooner hostilities in Ukraine come to an end, the better, as the “intensification of fighting leads to unnecessary losses.”

The Russian president went on to insist that the Kremlin has never refused to engage in peace talks with Ukraine. He claimed that it is the leadership in Kiev that “has forbidden itself from” going down this road. This is an apparent reference to a decree signed by Zelensky in early October, according to which Ukraine will not negotiate with Moscow as long as Putin remains in power there. The decision came in response to Moscow officially signing agreements with the Donetsk and Lugansk Peoples’ Republics as well as Kherson and Zaporozhye Regions, which joined Russia after holding referendums. “One way or another, all armed conflicts end with some negotiations on the diplomatic track,” Putin argued on Thursday. He also expressed hope that those “who are opposing us” realize this as soon as possible.

Read more …

“..all that he has said until now did not take into account the reality on the ground..”

Kremlin Comments On Kiev’s Purported Peace Plan (RT)

Kremlin spokesman Dmitry Peskov has said that Russia considers previous comments made by Ukraine’s President Vladimir Zelensky about the possibility of peace talks as detached from reality. He’d been asked on Friday to comment on media reports about a new peace plan being formulated by the leader’s office. “We are not aware of it,” the official told journalists during a briefing. “We have heard Zelensky’s statements about various steps, a peace plan. But all that he has said until now did not take into account the reality on the ground, which one simply cannot ignore.” The Wall Street Journal reported on Thursday that the Ukrainian government could reveal a new peace proposal sometime in February.

The Ukrainian leadership wants to achieve some battlefield victories first, to strengthen its position, the newspaper’s sources in the governments of the US and Ukraine claimed. Zelensky last month made public what he termed a peace plan for his nation during a speech to the G20 leaders, who were meeting in Indonesia. It involved full withdrawal of Russian troops from all territories that Kiev considers under its sovereignty. Russian Foreign Minister Sergey Lavrov said at the time that the terms were “unrealistic and inadequate” and that Zelensky’s speech was full of “militant, Russophobic and aggressive rhetoric.”

Zelensky was asked about a “just peace” ending the conflict, during a press-conference in Washington that he held this week alongside US President Joe Biden. He replied that he didn’t know what that term meant, before declaring that no amount of reparations would compensate for the losses of some Ukrainians, who want revenge on “inhumans.” Biden intervened to declare that both he and Zelensky ultimately wanted peace. US policy states a strategic defeat of Russia as a primary goal in the crisis. Russia and Ukraine were on the brink of reaching a ceasefire agreement in early April. But Kiev’s Western backers reportedly declined to support the deal that Kiev brought to the negotiation table. Moscow said the US and its allies derailed the talks so that they could inflict more damage on Russia, disregarding Ukraine’s interests.

Read more …

The last Ukrainian.

US Has Nothing To Lose, Everything To Gain, From Longer Ukraine Conflict (Luk.)

Putting aside the pomp, the theatricals designed tug at the heart strings and the rhetorical chatter, Ukrainian President Vladimir Zelensky’s visit to Washington could indeed be a milestone for the “European security” framework. A recent article by veteran German-American diplomat Henry Kissinger offered a new perspective in that he claimed a neutral status for Ukraine can no longer serve as a subject for negotiation, as the subject is no longer relevant. Ukraine is forming a powerful and capable armed force, actively assisted by the West, primarily the US, so its formal status – whether it’s a member of NATO or not – no longer matters. It is America’s de facto, if not de jure, military ally, in addition to having unique practical experience in a direct large-scale confrontation with Russia. One might add: it is motivated to pursue it.

Elaborating on this thought, it is reasonable to assume that, for the US, it’s even more comfortable for Ukraine to remain outside the formal alliance, as it expands the space for political-military action. There are no legal commitments, the level and scale of support can vary according to the situation at any moment, and the degree of Kiev’s loyalty to Washington as the main guarantor of resources is likely to exceed even that shown by Warsaw or the Baltic states. As will the degree of dependence on external aid. Ukraine, like Poland and the Baltics, is likely to become increasingly distrustful of continental Western Europe, as Kiev will interpret its inevitable internal contradictions as an implicit desire to make peace with Russia.

For the US, this sort of “land-based unsinkable aircraft carrier” will come in handy. Such a trained and loyal satellite, on the one hand beside Russia and on the other pointing towards Western Europe – and Kiev’s narrative that thanks to its efforts, the rest of Europe can live in peace and not under Russian bombs – opens up many opportunities. The territorial configuration of Ukraine in this context is unimportant to Washington. Moreover, the preservation of part of the internationally recognised Ukrainian territory under Russian control cements the conflict, and leaves the rump with a reason to fight on.

For this it should be equipped and trained, but all its wishes don’t necessarily need to be fulfilled. As for preparing its forces, it is crucial, for Washington, to enhance Ukraine’s own capabilities so that any subsequent phases of the confrontation can continue without the direct involvement of US and NATO units. This is a very significant point. The scheme is, in principle, quite rational. There is no guarantee that it will work, because Russia has the power to prevent it (even if, so far, this hasn’t been very visible), but there are few risks for the US. And the notorious European security system – the reform of which was Russia’s key demand a year ago – if it ever comes back on the agenda, it will be under very different circumstances. The old approaches and demands will no longer apply.

Read more …

“We are really low… and we’re not even fighting..”

NATO Armies Drained By Ukraine Conflict – Media (RT)

The fighting in Ukraine has “exposed flaws in US strategic planning” and “revealed significant gaps” in the US and NATO military industrial base, the Washington Post reported on Friday. As Kiev’s forces consume more ammunition than the West can produce, the Pentagon seeks to cope by training them to fight more like Americans. “Stocks of many key weapons and munitions are near exhaustion, and wait times for new production of missiles stretches for months and, in some cases, years,” the Post noted, as part of a narrative about how the US has funneled some $20 billion in military aid to Kiev just this year. Only $6 billion of that has been in new weapons contracts, while the rest came from the Pentagon stockpiles.

The US military-industrial complex can make about 14,000 rounds of ammunition for the 155-mm howitzers, the Post quoted US Army Secretary Christine Wormuth, while Ukrainian forces go through about 6,000 a day during heavy fighting. The US military-industrial complex is “in pretty poor shape right now,” Seth Jones of the Washington-based think tank Center for Strategic and International Studies (CSIS) told the Post. “We are really low… and we’re not even fighting,” Jones said, adding that in scenarios where the US is facing China or Russia in a conventional conflict, “we don’t make it past four or five days in a war game before we run out of precision missiles.” Washington’s allies in Europe are in similar shape, the Wall Street Journal reported on Thursday.

Michal Strnad, owner of a Czech ammunition conglomerate, said Ukraine chews through 40,000 rounds a month, while all of the European NATO members put together can produce 300,000 a year. “European production capacity is grossly inadequate,” Strnad said, adding that it would take up to 15 years to restock at current production rates, if the conflict were to somehow end tomorrow. Moscow has repeatedly warned the US and its allies that shipments of increasingly modern and long-range weapons could lead to a direct confrontation between Russia and NATO, and accused the West of prolonging the conflict and causing civilian deaths in Ukraine. While Western officials have demanded a ramp-up of production for months, recent EU legislation blocked many investments into weapons manufacturing by designating it “not sustainable,” according to the Journal.

Germany is now in the process of funding a factory in Romania that could produce both NATO and Soviet-caliber ammunition for Ukraine. The Pentagon is trying to deal with the problem by training Ukrainian troops to “fight more like Americans” and use different tactics, according to the Post. “I think if we can train larger formations — companies, battalions — on how to employ fires, create conditions for maneuver, and then be able to maneuver like you’ve seen [the US military] maneuver on the battlefield, then I think we’re in a different place. Then you don’t need a million rounds” of artillery, a senior US official – who did not wish to be named – told the outlet.

Read more …

“..Russia has unswervingly adhered to the three primary war objectives Putin articulated in his February 24th speech.”

In for a Pound (Schryver)

In his February 21, 2022 speech, Putin meticulously recounted the relevant history of the region dating back multiple centuries, and focused specifically on the events that followed in the wake of the dissolution of the Soviet Union. In addition to Putin’s history lesson, he makes particular reference to a detailed proposal Russia delivered to the United States and its NATO allies in mid-December 2021 – a proposal that effectively amounted to a “final warning”; a last-ditch effort to avoid war in Ukraine. Consider his words carefully, and particularly in light of how Russia has unswervingly adhered to the three primary war objectives Putin articulated in his February 24th speech.

“Last December, we handed over to our Western partners a draft treaty between the Russian Federation and the United States of America on security guarantees, as well as a draft agreement on measures to ensure the security of the Russian Federation and NATO member states. The United States and NATO responded with general statements. There were kernels of rationality in them as well, but they concerned matters of secondary importance and it all looked like an attempt to drag the issue out and to lead the discussion astray.

We responded to this accordingly and pointed out that we were ready to follow the path of negotiations, provided, however, that all issues are considered as a package that includes Russia’s core proposals which contain three key points. First, to prevent further NATO expansion. Second, to have the Alliance refrain from deploying assault weapon systems on Russian borders. And finally, rolling back the bloc’s military capability and infrastructure in Europe to where they were in 1997, when the NATO-Russia Founding Act was signed. – Vladimir Putin, Address by the President of the Russian Federation, February 21, 2022” I submit we can confidently assume Putin was as deadly serious on February 21, 2022 as he was on February 24, 2022; that he was not bluffing; that he was resolved to “raise the stakes” commensurate to whatever was required to achieve the objectives he had so carefully articulated.

I submit that his domestic popularity AND the support of his generals correlates closely to the perception that he will not waver from those objectives, and that it has only been the misplaced sense that he might be failing, or at least stumbling, or that he might even pull back from his stated objectives that has resulted in meaningful criticism arising from his domestic supporters, be it in government, the military, or the general public. I further submit that, in my estimation, it is precisely the burgeoning faith that Putin will resolutely pursue and achieve his stated objectives that has resulted in the unprecedented willingness of China, Iran, India, and other geostrategically important Eurasian and Global South nations to not only openly support Russia in this conflict, but to also, in many instances, openly defy imperial decrees forbidding military and commercial relations with Russia.

Read more …

“..may keep them engaged for a prolonged time to make Russia suffer economically..”

The US Love For Ukraine Or Hate Against Russia? (Awan)

The US is not sincere with Ukraine nor in love. If the Americans love Ukraine, they might have provided unlimited weapons and advanced weapons to make Ukraine win. But, this is not their intention, not their goals. Actually, they are in hate with Russia and wanted to counter the revival of Russia through Ukraine and may keep them engaged for a prolonged time to make Russia suffer economically. The US put sanctions on Russia to harm it economically. Sanctions proved counterproductive and the Russian economy has not suffered at all. Its trade has remained the same, but, the trading partners have changed, China, India, Pakistan, and many other countries are becoming bigger trading Partners with Russia. Pushing out from the SWIFT banking system has no impact on its financial transactions as China has compensated and provided them with alternates.

It Oil and Gas export has not reduced, and India and China have been importing much more. Furthermore, the increase in Oil and Gas prices in the international market has become supported the Russian economy. On the other hand, Europe has been victimized by the Ukraine war. The Fuel and Food prices have jumped much high. Few European countries are providing subsidies to their citizens but not all of the European countries are rich enough to extend subsidies to their citizens. As a result, many Europeans are suffering. The public in Europe is turning against the Ukraine war and demanding the end of this war immediately. There are protests and agitations in some European capitals and slogans are heard against NATO and withdrawal from NATO.

The current leaders in Europe are bound under the agreement to support NATO and Ukraine’s war. But, it is predicted that in the upcoming some of the political parties may come up with the idea to promise the public to end the war, end NATO support or exiting from NATO, etc., may win the general elections. It is pretty sure that public sentiments will dominate in the next elections and visionary politicians will make bold decisions. There is an awareness in the public that blindly following the US is not the ultimate goal, but, must think about national interests. War in Europe is not desired, no one wants it and the public may reflect their anger at the time of voting. The next elections will be decisive and may change the fate of not only Europe but the whole world. Geopolitics might be changed completely. It is a matter of time only, public sentiments must be respected at all costs.

Read more …

“..partially relieves state energy major Gazprom from fulfilling its obligations to its foreign partners..”

Russia Sets Its Own Gas Price Cap For EU (RT)

Russian President Vladimir Putin signed a decree on Thursday that partially relieves state energy major Gazprom from fulfilling its obligations to its foreign partners who hail from countries that have imposed sanctions on Moscow. According to the decree, published on the official government portal, Gazprom and its subsidiaries are prohibited from paying for gas, or for its production and transport, from joint projects with its EU partners in Russia if the amount of payment is higher than the cost established by the Russian government. The decree targets Gazprom’s joint ventures with Germany’s Wintershall and Austria’s OMV. In partnership with the two companies, Gazprom is developing two large natural gas deposits in Russia, the Yuzhno-Russkoye and the Urengoyskoye fields.


The regulation has been introduced retroactively, and so is enforeceable from March 1, 2022, and will be effective until October 1, 2023. The government has been charged with setting a price limit within ten days. Both Germany and Austria are members of the EU, which imposed multiple sanctions against Russia in connection with Ukraine. Head of Wintershall Mario Mehren said in April that Russia had crossed red lines in its partnership with European companies, which means the end of “an era of long and intensive economic cooperation” between Russia and Germany. However, over the summer he said that his company has no plans to quit its joint ventures in the country. OMV has refused to make new investments in Russian projects and has announced plans to review its participation in the Yuzhno-Russkoye field, where it owns a 25% stake. Both companies have yet to comment on Putin’s decree.

Read more …

“..right now, we’d rather take a risk of a production cut than stick to the policy of selling in line with the threshold.”

Russia Warns Of Oil Production Cut (RT)

Russia will not sell oil to countries that impose a price cap on its crude exports, Deputy Prime Minister Aleksandr Novak warned on Friday. According to Novak, Moscow may respond by reducing oil production by 500,000-700,000 barrels a day in early 2023. Russia is the world’s third biggest oil producer and the cuts would equate to roughly 5-6% of the country’s daily output. The G7 and EU’s $60-per-barrel ceiling on Russian seaborne crude came into force on December 5. The measure, along with a ban on EU imports of seaborne Russian flows, is aimed at curbing the Kremlin’s revenues. Russian oil cargoes that are traded above the threshold cannot access some key services from Western companies, including insurance.

“We are ready to partially cut our production early next year,” Novak warned in an interview with the Rossiya-24 TV channel. “We’ll try to find some common ground with our counterparts to prevent such risks. But right now, we’d rather take a risk of a production cut than stick to the policy of selling in line with the threshold.” The official described the potential production drop as “insignificant” [to Russia], reiterating that Moscow will not sell its crude to those who apply the Western price cap. Russian producers are able to reroute their exports to competing markets, including Asia, as the nation’s energy is still in high demand globally, Novak stressed.

On Thursday, President Vladimir Putin told reporters he will sign a decree on the nation’s response to the cap next week, which will feature “preventive measures.” Russia’s full-year oil production in 2022 will probably grow to 535 million tons, equivalent to around 10.74 million barrels per day (bpd), according to Novak. Data shows that in November, the country’s average daily output hit an eight-month high of 10.9 million bpd. Meanwhile, experts have warned that an output cut by Russia could tighten the global energy market as demand in China, the world’s largest oil importer, is forecast to rebound.

Read more …

Ukrainian bots?

Mass Twitter Suspension Of Accounts Criticizing Zelensky Visit To Congress (PM)

Zelensky brought his flag and his ask for cash and weapons to Congress during the prime time hours on Wednesday night, much to the fawning of American legislatures. In response, many who are critical of the massive expenditure to Ukraine, and of the US involvement in a war against Russia at all, took to Twitter to express their disdain. They were banned, and many speculated that it was bots who were to blame. Many accounts shared a photo of the two most powerful women in American politics, Vice President Kamala Harris and House Speaker Nancy Pelosi, who are second and third in line for the presidency respectively, hoisting high the flag of Ukraine in the US Congress while Zelensky spoke to that body. Dozens of accounts were summarily banned after criticizing the visit, Zelensky, the US’ involvement in Ukraine, and the horrifying vision of the Ukrainian flag being raised in Congress.

Zelensky was treated to cheers, a standing ovation, and multiple rounds of applause. The flag being raised above Congress added insult to the injury of Zelensky asking for cash, in addition to his stating outright that no matter what the US was giving him it would not be enough. “I’m now getting reports of tons of accounts that were locked out our tweets that were taken down for posting images of Zelensky’s speech last night and being critical of him Seems to be a mass takedown campaign by Twitter,” Jack Posobiec reported. This after prominent account ALX was suspended pending deletion of his tweet criticizing Ukraine, Pelosi and Harris. Elon Musk replied to Posobiec’s post about ALX, saying that he was looking into it as the “tweet doesn’t violate ToS.”

Posobiec offered “Update, could be a mass-reporting situation by trolls or state actors.” The idea is that the tweets critical of Zelensky could have been the target of a mass-reporting campaign, with the intention of silencing anti-Zelensky sentiment on the platform. Former Trump administration official who served in the State Department and the Department of Defense William Wolfe said he was “back after an entirely arbitrary and unfounded suspension.” He had tweeted out the photo of Harris and Pelosi as well, saying “When we say ‘clown world’ this is what we mean.” For that tweet, he was slapped with a 12 hour ban. The Columbia Bugle simply tweeted the photo with “Bring a check next time,” and that caught a ban. The report from Twitter said the ban was for “Violating our rules against posting or sharing privately produced/distributed intimate media of someone without their express consent.” But of course, the image was a screen shot from the live broadcast of Zelensky speech, and Congress’ shilling for Zelensky, that was broadcast across many channels.

 

 

Tucker clapping

Read more …

“..an extraordinary story trespassed by Sisyphean tasks..”

Can China Help Brazil Restart Its Global Soft Power? (Escobar)

The return of Luiz Inácio Lula da Silva for what will be his third presidential term, starting January 1, 2023, is an extraordinary story trespassed by Sisyphean tasks. All at the same time he will have to fight poverty; reconnect with economic development while redistributing wealth; re-industrialize the nation; and tame environmental pillage. That will force his new government to summon unforeseen creative powers of political and financial persuasion. Even a mediocre, conservative politician such as Geraldo Alckmin, former governor of the wealthiest state of the union, Sao Paulo, and coordinator of the presidential transition, was simply astonished at how four years of the Bolsonaro project let loose a cornucopia of vanished documents, a black hole concerning all sorts of data and inexplicable financial losses.

It’s impossible to ascertain the extent of corruption across the spectrum because simply nothing is in the books: Governmental systems have not been fed since 2020. Alckmin summed it all up: “The Bolsonaro government happened in the Stone Age, where there were no words and numbers.” Now every single public policy will have to be created, or re-created from scratch, and serious mistakes will be inevitable because of lack of data. And we’re not talking about a banana republic – even though the country concerned features plenty of (delicious) bananas. By purchasing power parity (PPP), according to the International Monetary Fund (IMF), Brazil remains the eighth-ranked economic power in the world even after the Bolsonaro devastation years – behind China, the US, India, Japan, Germany, Russia and Indonesia, and ahead of the UK and France.

A concerted imperial campaign since 2010, duly denounced by WikiLeaks, and implemented by local comprador elites, targeted the Dilma Rousseff presidency – the Brazilian national entrepreneurial champions – and led to Rousseff’s (illegal) impeachment and the jailing of Lula for 580 days on spurious charges (all subsequently dropped), paved the way for Bolsonaro to win the presidency in 2018. Were it not for this accumulation of disasters, Brazil – a natural leader of the Global South – by now might possibly be placed as the fifth-largest geo-economic power in the world.

Read more …

No wonder they’re eager to sing.

United States Attorney Announces Extradition Of SBF To US (SDNY)

Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced the extradition of SAMUEL BANKMAN-FRIED, a/k/a “SBF,” yesterday from the Bahamas.[1] Also unsealed are the guilty pleas of CAROLINE ELLISON, former CEO of Alameda Research, and GARY WANG, co-founder and former Chief Technology Officer of FTX. ELLISON and WANG pled guilty before U.S. District Judge Ronnie Abrams on December 19, 2022, to charges arising from their participation in schemes to defraud FTX’s customers and investors, and related crimes, and are cooperating with the Government.


U.S. Attorney Damian Williams said: “Last week, we announced charges against Samuel Bankman-Fried for a sweeping fraud scheme that contributed to FTX’s collapse and for a campaign finance scheme that sought to influence public policy in Washington. As I said last week, this investigation is very much ongoing, and it’s moving very quickly. I also said that last week’s announcement would not be our last, and let me be clear once again, neither is today’s.” FBI Assistant Director Michael J. Driscoll said: “With the pleas announced today, Ms. Ellison and Mr. Wang admitted they were willing participants in schemes to defraud FTX.com’s customers and backers out of their money. The FBI will continue to seek justice for the victims of this case. No matter how fraudsters dress it up or sell the scam, we will continue to make every effort to ensure those responsible for the scheme are held accountable in our criminal justice system.”


Check the date. They pled guilty 11 months ago

CAROLINE ELLISON, 28, is charged with and has pled guilty to two counts of conspiracy to commit wire fraud, each of which carry a maximum sentence of 20 years in prison; two counts of wire fraud, each of which carry a maximum sentence of 20 years in prison; one count of conspiracy to commit commodities fraud, which carries a maximum sentence of five years in prison; one count of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison; and one count of conspiracy to commit money laundering, which carries a maximum sentence of 20 years in prison. GARY WANG, 29, is charged with and has pled guilty to one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison; one count of wire fraud, which carries a maximum sentence of 20 years in prison; one count of conspiracy to commit commodities fraud, which carries a maximum sentence of five years in prison; and one count of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison.

Tucker SBF

Read more …

 

 

 

 

 

 

RT
https://twitter.com/i/status/1606347049284165632

 

 

Paramount

 

 


The rainbow starfrontlet (Coeligena iris) is a species of hummingbird in the “brilliants” tribe Heliantheini. Males have a glittering yellow-green forecrown that transitions through golden yellow to blue on the crown

 

 

All time favorite

 

 

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Dec 172020
 
 December 17, 2020  Posted by at 6:56 pm Finance Tagged with: , , , , , , , , ,  4 Responses »


Filothei Skitzi Human puzzle on COVID19 days 2020

 

 

I know, I know, I’ve been largely silent about most “usual suspect topics” lately, other than in the Debt Rattles, but I must admit, those topics have been draining me, along with the full lockdown here in Greece. I understand why politicians want to do lockdowns, but I also understand why they shouldn’t.

Lockdowns drain life out of societies and communities, and there’s no guarantee that this life will ever come back. As I wrote earlier today, when we wake back up, the world will have changed beyond recognition. And we cannot NOT ask if that is worth the price we pay.

A vaccine is hurriedly being promoted and rolled out that is drowning in question marks, while skipping much of what is considered normal in vaccine development. As things like vitamin D, HCQ and ivermectin are cast in a media cloud of doubt, though there are no such questions about them. Vaccine: no time for research. Everything else: years more research needed.

As for the other main topic in recent months, the US elections, all I see is people calling each other traitors and seditionists planning coups, and that has gone too far now. Let the legal process play out and the dice roll, and stop the clickbaiting propaganda. People are getting hurt.

In that light, I’d much prefer to write about better and happier things, and the Monastiraki kitchen in Athens is certainly one of those. It’s Christmas time, a time you’re supposed to care about, and for, people. I told you I’d have an update, and here it is. I think I’ll let the photos do most of the talking this time.

 

First of all, things haven’t gotten any easier out there. The lockdown, the police and the homeless are a strange combination. 100 people gathering to wait for a meal is no longer acceptable. So now the team have to go look for many of them. That takes time, because some are quite far away, but at least they know where to find most. These are crazy days, and everyone’s just simply trying their best.

I told you about the Greek athletes’ Love Van initiative last time, and they delivered: tons of winter coats and blankets and sleeping bags and shoes. It was plain to see that the police were standing by wondering what their orders were, but decided that denying people a warm coat was not in their job prescription. It was a wonderful little mess and anarchy for the hour it lasted, though.

But there is always the lingering fear that we, or everyone, might get arrested, or fined €300 each. There are still plenty regular kitchen volunteers who don’t come in because of that fear. They simply don’t have that kind of money.

 

 

 

In reaction to my November 20 article Automatic Earth in Athens November 2020, our very very generous readers donated some €3,000. That is inevitably an estimate because of the way Paypal donations work. I used to take the approximate amount in US dollars, and presume those were euros. But that was when the exchange rate was $1.10 or lower. Today, it’s $1.22.

And that’s not all. Paypal takes a percentage of every donation (2-4%?!), and then more when the dollars are converted to euros (their rate is over $1.26 right now). We could apply for charity status, but then we would have to 1) set up a separate account for the kitchen and 2) be registered as a charity in either the US or EU, which requires a ton of paperwork, rules, regulations, obligations.

We’re not going to do that, for much of the same reasons we won’t register the kitchen as an NGO. We want to be independent. Even if that costs some money. I’ll continue to round off everything in favor of the kitchen, and pay the difference myself, as long as it is somewhat reasonable.

 

 

 

On to happier tidings. The private space I told you about where the cooking takes place now is a small stone yard without a roof.

 

 

And since it rains in winter sometimes, we decided to buy one of those big umbrellas you see outside bars and restaurants, it seems the only way to get some shelter while cooking. They’re €200. I said we’ll use €100 from the donations, and I’ll pay the other half. That way we involve all of you to an extent, in day-to-day operations. Maybe we’ll even need two, but we’ll tackle that as the time comes.

 

 

Also, I purchased our first new €1,000 batch of supermarket checks (50x€20) on Tuesday, paid for with your fresh donations (Filothei and I are both painfully camera-shy, but the Acropolis in the background more than makes up for that ;-):

 

 

And Filothei did a big shopping trip with the checks yesterday:

 

 

 

 

What I didn’t know last time is that the kitchen still has a pretty solid amount of staples in storage, oil, pasta, tomato paste etc. That takes away some of the pressure, and it will be needed.

 

 

 

And then of course, wouldn’t you know, the crew decided they’re going to add a second day every week to cook. Purely led by increased demand and need. Not a huge surprise, that need is everywhere, just look at US and UK foodbanks. But we will still need to find a way to fund it. Nudge nudge wink wink. Someone like Filothei just says: we will do what must be done, whereas I then say: and how are we going to do that? You know, at €240 per meal? You just doubled the costs…

And still I’m pretty sure we indeed will make it happen, just because we have to. We must find a way, and therefore we will, with your help. And a bit of good cheer goes a long way:

 

 

Those Santa hats are brilliant, they change the entire mood and picture. As do these facemasks for the homeless, made by girls who themselves are too “vulnerable” healthwise to come in, but still want to contribute. I love those things:

 

 

Same goes for the winterhats (can you say “tuque”?)

 

 

As the cherry on the pie, and because everyone deserves a real Christmas, especially if they live on the streets, and very especially in a lockdown, we’re going to hand all our clients a big package of sweets for the festive season.

 

 

And then if you’ll allow me, I’ll repeat my last paragraph of the November 20 article, With one main difference: twice the meals will mean twice the costs, by and large. But hey, it’s Christmas. The time when miracles come true!

Sure, I’m a little apprehensive about January and February, with the Christmas hope and spirit gone, and temperatures dipping, but I also know that 4 days from now, the days will start getting longer again in our hemisphere.

 

 

Most of you will know the drill of this by now: any Paypal donations ending in $0.99 or $0.37 go straight to the Monastiraki kitchen, while other donations go to the Automatic Earth -which also badly needs them, especially for Christmas-. (Note: a lot of Automatic Earth donations also went to the kitchen the past month).

I dislike few things more than asking people for money, even though the Automatic Earth now runs primarily on donations, and there’s some sweet justice in that as well, in depending on people’s appreciation of what we do, instead of ad revenues.

But I cannot do this on my own right now. To get through the winter in one piece, the Monastiraki kitchen will realistically need about €1,500-2,000 per month. I don’t have that to spare. So I’m calling on you. Unashamedly, because I know there is no reason to be ashamed of the cause.

I love all you people, and I’m sorry I can’t thank you all individually who have supported -and still do- the Monastiraki kitchen and the Automatic Earth all this time, and I ask you to keep on doing just that. The details for donations on Paypal and Patreon, for both causes, are in the top of the two sidebars of this site. Could not be much easier.

Love you. Thank you. This kitchen would not exist without you, these people would not get fed.

 

 

 

We try to run the Automatic Earth on donations. Since ad revenue has collapsed, you are now not just a reader, but an integral part of the process that builds this site.

Click at the top of the sidebars for Paypal and Patreon donations. Thank you for your support.

 

 

Support the Automatic Earth in virustime, election time, all the time. Click at the top of the sidebars to donate with Paypal and Patreon.

 

Dec 182018
 


Caravaggio St. John the Baptist in the wilderness 1604

 

S&P 500 Drops More Than 2% To New Low For 2018, Dow Dives 500 Points (CNBC)
The Latest Key Death Cross Is Poised To Engulf The Stock Market (MW)
Stock Market On Pace For Worst December Since Great Depression (CNBC)
How The Federal Reserve Could Spark A ‘Santa Claus’ Stock Rally (Yahoo!)
You Have A “Trading” Problem (Roberts)
China Politics Getting In The Way Of Reforms (G.)
China To Mark Economic Miracle That Pulled 700 Million People Out Of Poverty (RT)
Australia’s Central Bank Sees Risks From High Debt As House Prices Fall (R.)
‘No Existing Countermeasures’ To Russian Hypersonic Weapons – US Gov’t (RT)
The Bigotry Behind NY Times’ ‘Russians Targeted African-Americans’ (GJ)
Racist ‘Russians’ Targeted African-Americans In 2016 Election – Reports (RT)
Russia! The Gift That Keeps Giving For The BBC, Even In France (Bridge)
Fatal Over-Reach (Kunstler)
Coal Demand Will Remain Steady Through 2023 -IEA (CNBC)

 

 

Can’t wait for Christmas amd some days off. Close it down and it can’t fall further. Either that or give Jay Powell a call.

S&P 500 Drops More Than 2% To New Low For 2018, Dow Dives 500 Points (CNBC)

Stocks tanked on Monday, pushing the S&P 500 to a new low for the year amid growing concerns that the Federal Reserve’s plan to raise interest rates could be too much for the economy and stock market to handle. The S&P 500 fell as much as 2.5% to 2,530.54, surpassing its February intraday low of 2,532.69. The broad market index finished the session down 2% at 2,545.94, its lowest close for the year. The Dow Jones Industrial Average lost 507.53 points to close at 23,592.98, bringing its two-day losses to more than 1,000 points. Shares of Amazon and Goldman Sachs led the declines.

The Dow and S&P 500, which are both in corrections, are on track for their worst December performance since the Great Depression in 1931, down more than 7% so far for the month. The S&P 500 is now in the red for 2018 by 4%. The tech-heavy Nasdaq Composite dropped 2.2% to finish the day at 6,753.73 as Microsoft dropped 2.9%. The Russell 2000 — which tracks the performance of smaller companies — entered a bear market, down 20% from its 52-week high. DoubleLine Capital CEO Jeffrey Gundlach said Monday that he “absolutely” believes the S&P 500 will go below the lows that the index hit early in 2018. “I’m pretty sure this is a bear market,” Gundlach told Scott Wapner on CNBC’s “Halftime Report. The major averages fell to session lows following his comments.

Read more …

There are so many death croses lately, the term loses meaning.

The Latest Key Death Cross Is Poised To Engulf The Stock Market (MW)

Ominous-sounding death crosses have been emerging in the stock market like weeds, with the latest — and arguably, the last important such cross — about to take hold in the Dow. The Dow Jones Industrial Average is on the verge of joining other major equity benchmarks in a so-called death cross, where the 50-day — a short-term trend tracker — crosses below the 200-day, used to determine a long-term trend in an asset. Chart watchers believe that such a cross marks the point where a shorter-term decline graduates to a longer-term downtrend.

Currently, the Dow’s 50-day moving average stands at 25,173.14, compared against its 200-day average at 25,083.23, according to FactSet data, as of Friday’s close of trading. That puts the 50-day less than 90 points shy of breaching the long-term average, which could occur by the end of this week or next, based on the current pace of decline. The Dow has suffered a series of punishing drops on nagging fears of slowing global growth, unresolved trade worries and the pace of the Federal Reserve’s rate increases, with Monday’s action placing the Dow at its lowest close since March 23, 2018.

Read more …

Thank the Fed.

Stock Market On Pace For Worst December Since Great Depression (CNBC)

Two benchmark U.S. stock indexes are careening toward a historically bad December. Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8% and 7.6% this month, respectively. December is typically a very positive month for markets. The Dow has only fallen during 25 Decembers going back to 1931. The S&P 500 averages a 1.6% gain for December, making it typically the best month for the market, according to the Stock Trader’s Almanac. While the S&P 500 began dissemination in 1950, the performance data was backtested through 1928. It’s worth noting that historically, the second half of December tends to see gains.

Read more …

The Fed has absolute control. I don’t see nearly enough people being afraid of that.

How The Federal Reserve Could Spark A ‘Santa Claus’ Stock Rally (Yahoo!)

After a bruising few months for stocks, investors are banking on a ‘Santa Claus’ rally to close out 2018. Even with just a handful of trading sessions left in 2018, there is still one remaining catalyst that could spark a stock rally: the Federal Reserve. The market is pricing in a 78% chance the Fed announces a rate hike Wednesday, when it wraps up its two-day policy meeting, according to CME futures data. The rate hike itself wouldn’t spark the rally. In fact, rate hikes make stocks less attractive. But this rate hike is so priced in, that not going forward with it could signal that the Fed is worried about the economy. This would be the Fed’s fourth interest rate hike of 2018. It was in June that the Fed telegraphed this fourth rate hike.

Instead, the stock rally could be sparked by the Fed’s guidance about monetary policy in 2019. “For U.S. stocks to drift higher this week, the Fed will have to strike an easier tone about future rate hikes without signaling undue concerns about U.S. economic growth,” wrote Nick Colas, co-founder of DataTrek Research, in a note to clients Monday. But doing so may force them to downgrade U.S. economic growth forecasts for 2019, Colas said. “Changing course on rates without that air cover will make it look like the Fed is targeting asset price volatility (a.k.a. the “Fed Put”) or – worse – that the central bank is taking orders from the White House,” Colas noted, referring to President Trump’s months-long criticism — which occurred as recently as Monday — of the Fed’s monetary tightening.

[..] the Fed’s statement on Wednesday, roughly 200 words in length, will be scrutinized by investors. “The Fed could delete the words ‘gradual increases’ — meaning a hike every quarter is no longer a working assumption,” said Danielle DiMartino Booth, a former Fed advisor and CEO of Quill Intelligence. “That would take March off the table in theory and could spark a rally, even if based only on technicals, that could run into year-end.” The Fed has started to use the phrase “gradual increases” when referring to interest rate hikes in its statements starting in June. Prior to that, many of the statements included the phrase “gradual adjustments.” “Investors are hungry for even a morsel of dovishness, and what they do not say could be even more powerful than what they do say,” Booth noted.

Read more …

I don’t think the problem is where Lance sees it.

You Have A “Trading” Problem (Roberts)

As Sy Harding says in his excellent book “Riding The Bear:” “No such creature as a ‘buy and hold’ investor ever emerged from the other side of the subsequent bear market.” Statistics compiled by Ned Davis Research back up Harding’s assertion. Every time the market declines more than 10%, (and “real” bear markets don’t even officially begin until the decline is 20%), mutual funds experience net outflows of investor money. To wit: “Lipper also found the largest outflows on record from stocks ($46BN), the largest outflows since December 2015 from taxable bond ($13.4BN) and Investment Grade bond ($3.7BN) funds, and the 4th consecutive week of outflows from high yield bonds ($2.1BN), offset by a panic rush into cash as money market funds attracted over $81BN in inflows, the largest inflow on record.”

Most bear markets last for months (the norm), or even years (both the 1929 and 1966 bear markets), and one can see how the torture of losing money week after week, month after month, would wear down even the most determined “buy and hold” investor. But the average investor’s pain threshold is a lot lower than that. The research shows that it doesn’t matter if the bear market lasts less than 3 months (like the 1990 bear) or less than 3 days (like the 1987 bear). People will still sell out, usually at the very bottom, and almost always at a loss. So THAT is how it happens. And the only way to avoid it – is to avoid owning stocks during bear markets. If you try to ride them out, odds are you’ll fail. And if you believe that we are in a “New Era,” and that bear markets are a thing of the past, your next of kin will have our sympathies.

Read more …

Xi is not reforming, he’s trying to keep China above water.

China Politics Getting In The Way Of Reforms (G.)

Xi’s speech comes as the Chinese leadership is facing criticism over slowing growth and confrontation with the US. Observers hoped his speech would lay out new directions or reforms needed to help the Chinese economy, weighed down by debt and lagging consumption, and an overly dominant state sector. Instead, Xi stressed that the Party’s leadership and strategy up to now have been “absolutely correct.” He promised to support the state sector while continuing reforms in appropriate areas. His remarks lacked any detail about new policies and failed to inspire confidence in Asian markets. Hong Kong and Shanghai both dropped sharply during the speech. They are now off 1% for the day while losses have deepened to 1.8% in Tokyo and more than 1% in Sydney.

“President Xi was perhaps unsurprisingly long on rhetoric and short on details,” said Tom Rafferty, regional manager for China at the Economist Intelligence Unit. “There will be a sense of disappointment, among both local and international investors, that Xi did not give clearer signals about the direction of future economic reform at a time when the Chinese government’s commitment to market liberalisation is seen to have waned.” Critics say politics are getting in the way of needed reforms – a rare challenge to Xi, who has amassed power more quickly than any of his predecessors.

Read more …

Central question is how much of it was borrowed. How much is based on unproductive investments and sheer waste?

China To Mark Economic Miracle That Pulled 700 Million People Out Of Poverty (RT)

China has pledged more economic reforms to push growth higher and help offset any impact from the US trade conflict. It comes as the world’s second-largest economy marks the 40th anniversary of “reform and opening up” this week. Statistics show that more than 700 million Chinese people have shaken off poverty since Beijing started its program of economic reforms four decades ago. The figure accounts for over 70% of global poverty reduction during that period. The first wave of reform, which lasted from 1978 to 1989, was characterized by agricultural reform and revival of the private sector. The second wave of reform (from 1992 to 2012) resulted in the legalization of the market economy, China’s accession to the WTO, and a booming private sector.

China’s record in poverty reduction since reform and opening up is without parallel in human history, according to Wang Yiwei, professor of the School of International Studies at Renmin University. “Between 1978 and 2017, China’s economy expanded at an annual average 9.5% growth rate, increasing in size almost 35 times,” he told Xinhua News. The total expansion of China’s economy over a 39 year period was almost three times as much as Japan’s, Ross noted, adding that “No other economy commencing sustained rapid economic growth even remotely approaches the 22.3% of the world’s population as China had in 1978 at the beginning of reform and opening up.”

Read more …

Australia hasn’t gone down in 2 decades. That takes a lot of debt.

Australia’s Central Bank Sees Risks From High Debt As House Prices Fall (R.)

A combination of falling home prices, stratospheric household debt and low wage growth posed downside risks to the Australian economy, the country’s central bank warned on Tuesday, even as it predicted the next move in interest rates would likely be up. Minutes of the Reserve Bank of Australia’s (RBA) December policy meeting showed members spent a considerable time discussing the recent slowdown in global growth momentum, partly caused by a bitter tariff dispute between the United States and China. Australia is heavily leveraged to global trade with China its No.1 trading partner so any deceleration in momentum overseas will likely be negative for the A$1.8 trillion economy.

Indeed, Australia’s gross domestic product expanded at a weaker-than-expected 2.8% pace last quarter, when policy makers were hoping for “above-trend” 3%-plus growth. Dismal private consumption was a major factor hurting economic activity, even though there were some early signs of a small uptick in wages growth. “The outlook for household consumption continued to be a source of uncertainty because growth in household income remained low, debt levels were high and housing prices had declined. Members noted that this combination of factors posed downside risks,” the RBA said.

Read more …

The key to why Russia is seen as a problem. And that in turn leads to all the articles following this one.

‘No Existing Countermeasures’ To Russian Hypersonic Weapons – US Gov’t (RT)

The US is currently unable to repel an attack from the hypersonic weapons that are being developed by Russia and China, as they can pierce most missile defense systems, a recent US government report has revealed.
“China and Russia are pursuing hypersonic weapons because their speed, altitude, and maneuverability may defeat most missile defense systems, and they may be used to improve long-range conventional and nuclear strike capabilities,” the report by the Government Accountability Office (GAO) reads. The report also highlights the challenges to American security posed by Chinese and Russian anti-satellite weapons and stealth aircraft that “could fly faster, carry advanced weapons, and achieve further distances.”

The rapid development of the cutting-edge technology “could force US aircraft to operate at father distances and put more US targets at risk,” the report notes. Speaking at a Valdai Club session in October, Russian President Vladimir Putin said that Russia surpassed its rivals in terms of hypersonic weapons, calling Russia’s prevalence in the field “an obvious fact.” “Nobody has precise hypersonic weapons. Some plan to test theirs in 18 to 24 months. We have them in service already,” Putin said. In March Putin unveiled several advanced weapons systems, including the Avangard hypersonic glider warheads and the Kinzhal –or Dagger– hypersonic cruise missile. The Kinzhal can fly at Mach-10 speed and has a reported range of 2,000 km (1243 miles).

It was reported that Russia’s advanced Sukhoi Su-57 jet might soon be armed with a missile similar to the Kinzhal. While the Avangard is about to enter military service, the Kinzhal has already been deployed with the force. Faced with the unmatched hypersonic capabilities, the Pentagon has launched about a dozen programs to protect the US from hypersonic weapons. A project named ‘Glide Breaker’ to develop an interceptor capable of neutralizing incoming hypersonic gliders has been in the works with The Defense Advanced Research Projects Agency (DARPA).

Read more …

If you were African-American and you’re told all the time that you would have voted Hillary if not for the Russians co-opting you with $5,000 in ads, you would get mad too.

The Bigotry Behind NY Times’ ‘Russians Targeted African-Americans’ (GJ)

This morning, the New York Times decided to stop insulting our intelligence and instead chose to insult decency. In an article written by Scott Shane and Sheera Frenkel, Russians allegedly unleashed an intricate plot to targeted African-Americans in order to foment discontent and dupe “black people” to vote against their self-interest. According to the corporate recorders at the NY Times, the reason that African-Americans did not uniformly vote for Hillary Clinton and the Democrats is because they were too dimwitted to think for themselves and were subsequently manipulated by foreign agents. [..] Let me dispel some myths here about people who refused to vote for Hillary since I happen to be one of them.

I chose to withhold my support not because Russians conditioned me to think that way but because I refused to support a warmongering sociopath otherwise known as John McCain in pantsuits. I’ve followed Hillary’s career long enough to know that she is a corporate courtesan who can’t get enough of destabilizing nations and enriching herself by trading access for cash. Eight years of Obama catering to Wall Street and furthering George Bush’s war first policies was enough for me to tap out. [..] In other words, just because my skin color is “black” does not mean I owe my vote and loyalty to Democrats. True enough, there was a time where I was an unflinching supporter of team blue, but after seeing how Democrats are no different than Republicans, I chose to wake up.

[..] The level of duplicity on display by establishment voices is truly astounding. If leading Democrats and media personalities want to know who is responsible for the rise of Trump, they should look in the mirror. After all, it was Hillary Clinton’s “pied piper” strategy—heeded by her sycophants in the press—that elevated a reality show clown into a serious contender. Hillary Clinton and her cronies rigged the primaries, spent more than $1.2 billion and Trump was given more than a billion dollars in free media by CNN, MSNBC and their ilk, yet we are supposed to believe that $5,000 in Google ads and $50,000 on Facebook was enough to tilt the outcome of the 2016 elections.

Read more …

Who exactly here operates a troll factory?

Racist ‘Russians’ Targeted African-Americans In 2016 Election – Reports (RT)

Low voter turnout among African-Americans is usually blamed on purged voter rolls or decades of socioeconomic stasis – but in 2016, ‘evil’ Russia was the main culprit, according to two controversial reports for the US Senate. Though described as “Senate reports” by mainstream US media outlets, the two documents were actually compiled by third parties. The first was produced by a consultancy called New Knowledge, with the help of two other researchers, while the second was done by a group at Oxford University and the UK research firm Graphika. By the social media giants’ own admission, the criteria for labeling posts as “Russian” is so broad as to be practically meaningless.

That hasn’t stopped the authors of the two reports, though, who saw President Vladimir Putin’s fingerprints on every keyboard and under every bed. In particular, they argued, the “Russians” sought to depress the 2016 turnout by targeting Black Americans. Both groups relied on posts provided to the US government by Twitter, Facebook and Google and identified as coming from the St. Petersburg-based Internet Research Agency (IRA), also known as the “troll factory.” “These campaigns pushed a message that the best way to advance the cause of the African-American community was to boycott the election and focus on other issues instead,” said the Oxford report.

“The most prolific IRA efforts on Facebook and Instagram specifically targeted black American communities and appear to have been focused on developing black audiences and recruiting black Americans as assets,” says the New Knowledge report. While some African-American activists saw the reports as recognition of their community’s influence in US politics, others pointed out that blaming the “Russians” downplayed very real and long-standing racism in American society.

Read more …

African-Americans have no opinions of their own, and neither do Yellow Vests. They’re all like Putin’s zombie armies. Next up is Orban blaming Putin for Hungary’s protests.

Russia! The Gift That Keeps Giving For The BBC, Even In France (Bridge)

Given the rash of conspiracy theories leveled against Russia of late, it is no surprise that the BBC is deep-sea fishing for a Kremlin angle to explain the protests against the government of French President Emmanuel Macron. This new and improved beast of burden to explain every uprising, lost election, accident and wart, popularly known as ‘Russia’ – a strategy rebuked by none other than President Putin as “the new anti-Semitism” – provides craven political leaders with a ready-made alibi when the proverbial poo hits the fan. Yes! It can even rescue Emmanuel Macron, who just experienced his fifth consecutive weekend of protests in the French capital and beyond.

Here is the real beauty of this new media product, which promises to outsell Chanel No.5 this holiday season. Reporting on ‘Russia’ does not require any modicum of journalistic ethics, standards or even proof to peddle it like snake oil to an unsuspecting public. Simply uttering the name ‘Russia’ is usually all it takes for the fairytale to grow wings, spreading its destructive lies around the world. ‘Russia’ is truly the gift that keeps on giving! Allow me to demonstrate how easy it is to apply. Just this weekend, BBC journalist Olga Ivshina was engaged in correspondence with a stringer in France. In an effort to explain what has sparked the French protests, Ivshina gratuitously tossed out some live ‘blame Russia’ bait.

“And maybe some Russian business is making big bucks on it,” the BBC journalist solicited in an effort to conjure up fake news out of thin air. “Maybe they are eating cutlets out there en masse, for example. Or maybe the far-right are the main troublemakers?” When the question only managed to elicit an uncomfortable laugh from the stringer, the nonplussed BBC journalist exposed more trade secrets than was probably advisable. In fact, what followed seems to have been the only nugget of truth to emerge from the discussion. Ivshina confided that she was “looking for various angles” since the broadcaster, like a modern day Dracula flick, was “out for blood.”

Read more …

The next scheduled chapter in the story is Gen. Flynn’s sentencing this Tuesday. It would be a surprise if the Judge does not observe that Mr. Mueller has acted in contempt of court. Ditto if the charge against Gen. Flynn is not thrown out.

Fatal Over-Reach (Kunstler)

Last Friday morning, we adjourned the blog in anticipation of Special Counsel Robert Mueller handing over certain FBI documents in the General Flynn matter demanded by DC District Federal Judge Emmett G. Sullivan no later than 3:00 p.m. that day. Guess what. Mr. Mueller’s errand boys did not hand over the required documents — original FBI 302 interrogation reports. Instead, they proffered a half-assed “interview” with one of the two agents who conducted the Flynn interrogation, Peter Strzok, attempting to recollect the 302 half a year after it was written. Of course, Mr. Strzok was notoriously fired from the Bureau in August for bouts of wild political fury on-the-job as FBI counter-intel chief during and after the 2016 election. (This was the second time he was fired; the first was when Robert Mueller discarded him from the SC team in 2017 as a legal liability.)

So, 3:00 p.m. Friday has come and gone. It appears that the FBI 302 docs have come and gone, too. Actually, we have reason to believe that nothing ever created on a computer connected to the internet can actually disappear entirely. Rather, the data gets sucked into the bottomless well of the NSA server-farm out in Utah. Most likely, the original 302s exist and Mr. Mueller is pretending he can’t find them. In effect, it appears that Mr. Mueller has responded by gently whispering “fuck you” to Judge Sullivan.

Interestingly, The New York Times didn’t even report the story (nor The WashPo, nor CNN, nor MSNBC). Since their “Russia Collusion” narrative is foundering, they can’t tolerate any suggestion that their Avenging Angel of Impeachment, Mr. Mueller, is less than the sanctified plain dealer he affects to be. Judge Sullivan kept his own counsel all weekend. The next scheduled chapter in the story is Gen. Flynn’s sentencing this Tuesday. It would be a surprise if the Judge does not observe that Mr. Mueller has acted in contempt of court. Ditto if the charge against Gen. Flynn is not thrown out. After all, the main articles of evidence against him apparently don’t exist.

And if it turns out that Mr. Mueller and his team are disgraced by their apparent bad faith behavior in the Flynn case, what then of all the other cases connected to Mueller one way or another: Manafort, Cohen, Papadopoulos? And the other matters still in question, such as the Trump Tower meeting with the Russian “Magnitsky” lawyer and Golden Golem Junior, the porn star payoffs… really everything he has touched. What if it all falls apart?

Read more …

This is it. Given recent claims that emissions must be cut five times more than is now recognized, and there are just 2 years left to do anything meaningful concerning climate change, this is it.

Coal Demand Will Remain Steady Through 2023 -IEA (CNBC)

Coal consumption is expanding after two years of decline, but miners should brace for another period of sluggish growth, according to the International Energy Agency. In its latest annual report, the IEA forecasts global coal demand will remain essentially stable over the next five years, inching up by just over 1% between 2017 and 2023. The reason for coal’s stagnation remains unchanged from recent years: Developed nations are ditching the fossil fuel, while India and other emerging economies are turning to coal to quickly scale up electric power generation.

“In a growing number of countries, the elimination of coal-fired generation is a key climate policy goal. In others, coal remains the preferred source of electricity and is seen as abundant and affordable,” said the IEA, a Paris-based agency that advises developed nations on energy policy. The IEA’s forecast comes on the heels of a series of reports that the world is falling short of commitments to prevent catastrophic impacts from climate change and running out of time to take action. Burning coal for electric power and industrial purposes such as steelmaking is a major contributor to global warming.

Read more …

Dec 242017
 
 December 24, 2017  Posted by at 10:03 am Finance Tagged with: , , , , , , , , ,  2 Responses »


Jules Bastien-LePage The annunciation to the shepherds 1875

 

Yes, Virginia, There Is A ‘Santa Rally’ (Roberts)
Homelessness In England Rises By 75% Among Vulnerable Groups Since 2010 (G.)
Ten Years In, Nobody Has Come Up With A Use For Blockchain (Hackernoon)
Varoufakis: Bitcoin is The Perfect Bubble, Blockchain A Great Solution (Wired)
Japan Births Plunge To Lowest Level Ever Recorded (ZH)
China Raging Against the Dying of the Light (Hamilton)
US Tax Cut and Rate Hikes Threaten China Currency (Schmid)
Italy’s Ruling PD Slides Further In Polls As Election Nears (R.)
How Sea Shepherd Lost Battle Against Japan’s Whale Hunters In Antarctic (G.)
Climate Change In The Land Of Santa Claus (Ind.)

 

 

Santa = faith in the good of mankind. As is Jesus. Still, hard to rhyme with copious dinners while others starve in the dark and cold, and $900 spent on gifts on average per American. That can’t be it.

Yes, Virginia, There Is A ‘Santa Rally’ (Roberts)

Eight-year-old Virginia O’Hanlon wrote a letter to the editor of New York’s Sun, and the quick response was printed as an unsigned editorial Sept. 21, 1897. The work of veteran newsman Francis Pharcellus Church has since become history’s most reprinted newspaper editorial, appearing in part or whole in dozens of languages in books, movies, and other editorials, and on posters and stamps

THE EDITORIAL
DEAR EDITOR:

I am 8 years old.
Some of my little friends say there is no Santa Claus.
Papa says, ‘If you see it in THE SUN it’s so.’
Please tell me the truth; is there a Santa Claus?

VIRGINIA O’HANLON.
115 WEST NINETY-FIFTH STREET.

“VIRGINIA, your little friends are wrong. They have been affected by the skepticism of a skeptical age. They do not believe except they see. They think that nothing can be which is not comprehensible to their little minds. All minds, Virginia, whether they be men’s or children’s, are little. In this great universe of ours, man is a mere insect, an ant, in his intellect, as compared with the boundless world about him, as measured by the intelligence capable of grasping the whole of truth and knowledge.

Yes, VIRGINIA, there is a Santa Claus. He exists as certainly as love and generosity and devotion exist, and you know that they abound and give to your life its highest beauty and joy. Alas! how dreary would be the world if there were no Santa Claus? It would be as dreary as if there were no VIRGINIAS. There would be no childlike faith then, no poetry, no romance to make tolerable this existence. We should have no enjoyment, except in sense and sight. The eternal light with which childhood fills the world would be extinguished.

Not believe in Santa Claus! You might as well not believe in fairies! You might get your papa to hire men to watch in all the chimneys on Christmas Eve to catch Santa Claus, but even if they did not see Santa Claus coming down, what would that prove? Nobody sees Santa Claus, but that is no sign that there is no Santa Claus. The most real things in the world are those that neither children nor men can see. Did you ever see fairies dancing on the lawn? Of course not, but that’s no proof that they are not there. Nobody can conceive or imagine all the wonders there are unseen and unseeable in the world.

You may tear apart the baby’s rattle and see what makes the noise inside, but there is a veil covering the unseen world which not the strongest man, nor even the united strength of all the strongest men that ever lived, could tear apart. Only faith, fancy, poetry, love, romance, can push aside that curtain and view and picture the supernal beauty and glory beyond. Is it all real? Ah, VIRGINIA, in all this world there is nothing else real and abiding.

No Santa Claus! Thank God he lives, and he lives forever. A thousand years from now, Virginia, nay, ten times ten thousand years from now, he will continue to make glad the heart of childhood.”

Read more …

Do they know it’s Christmas time at all?

Homelessness In England Rises By 75% Among Vulnerable Groups Since 2010 (G.)

Homelessness among people with mental and physical health problems has increased by around 75% since the Conservatives came to power in 2010, and there has been a similar rise in the number of families with dependent children who are classed as homeless. According to official figures collated by the Department for Communities and Local Government, the number of homeless households in England identified by councils as priority cases because they contain someone who is classed as vulnerable because of their mental illness, has risen from 3,200 in 2010 to 5,470 this year. Over the same period, the number of families with dependent children – another priority homeless group identified by councils – has increased from 22,950 to 40,130.

The number of homeless households with a family member who has a physical disability has increased from 2,480 to 4,370. After a week in which the prime minister has come under renewed attack over homelessness, housing charities have called on the government to urgently build more affordable housing and reverse a squeeze on benefits which has left vulnerable people unable to pay their rents. “With homelessness soaring, it is no surprise that the number of vulnerable groups – including families with children – who are having to turn to their council for help is on the rise,” said Polly Neate, chief executive of charity Shelter.

“As wages stagnate, rents continue to rise and welfare is cut, many people are struggling to keep a roof over their head. Eviction is now the number one cause of homelessness. “Our services across the country are seeing an increase in the number of people with multiple and complex needs, and we think this may be because other services are failing to provide the help that people need. The solution to our housing crisis must be to urgently build more affordable homes and, in the short term, end the freeze on housing benefit that is increasingly pushing people over the precipice into homelessness.”

Read more …

Shaking the tree.

Ten Years In, Nobody Has Come Up With A Use For Blockchain (Hackernoon)

Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain – besides currency speculation and illegal transactions. Each purported use case – from payments to legal documents, from escrow to voting systems – amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?

The original intended use of the blockchain was to power currencies like bitcoin – a way to store and exchange value much like any other currency. Visa and MasterCard were dinosaurs, everyone proclaimed, because there was now a costless, instant way to exchange value without the middleman taking a cut. A revolution in banking was just the start& governments, unable to issue currency by fiat anymore, would take a back seat as individual citizens transacted freely outside any national system. It didn’t take long for that dream to fall apart. For one thing, there’s already a costless, instant way to exchange value without a middleman: cash. Bitcoins substitute for dollars, but Visa and MasterCard actually sit on top of dollar-based banking transactions, providing a set of value-added services like enabling banks to track fraud disputes, and verifying the identity of the buyer and seller.

It turns out that for the person paying for a product, the key feature of a new payment system – think of PayPal in its early days – is the confidence that if the goods aren’t as described you’ll get your money back. And for the person accepting payment, basically the key feature is that their customer has it, and is willing to use it. Add in points, credit lines, and a free checked bag on any United flight and you have something that consumers choose and merchants accept. Nobody actually wants to pay with bitcoin, which is why it hasn’t taken off.

Read more …

Crypto vs democracy: “To Varoufakis, money is inherently political. The decisions regarding whether money is produced or not, how it is distributed and who receives it, all have significant political consequences, benefiting certain social groups over others.”

Varoufakis: Bitcoin is The Perfect Bubble, Blockchain A Great Solution (Wired)

While acknowledging the limitations of bitcoin and other technical solutions to political problems, Varoufakis does see potential in blockchain technologies. For him, “the algorithm that operates behind bitcoin, caught my attention right from the beginning. I consider this to be a remarkable technology. As early as 2012, Varoufakis was toying with ideas for using blockchain to help solve Europe’s financial woes. By the time he was appointed Finance Minister of Greece in 2015, within days his anti-austerity programme was met with the direct threat from the Troika to close Greece’s banks. With no banking system, the country would grind to a halt. To counter this threat, Varoufakis devised an audacious plan to keep Greece’s financial system operating. Effectively Varoufakis proposed creating an alternative, peer-to-peer payments system based on the blockchain.

This would disintermediate the financing they were receiving from the Troika and from the money markets. But with no money coming from the Troika, Varoufakis would need to create a parallel payments system, that would leverage the tax that all citizens and companies of Greece need to pay, as a new form of money. This is what he would eventually brand, “fiscal money.” To understand how fiscal money works, imagine that a pharmaceutical company in Greece is owed money by the state. Due to the constraints of the crisis, it may take years to pay the company in normal central bank euros. However what if there was an alternative option? What if the Greek State created a reserve account for the company under its tax file number, in which it placed tax credits of one million euros? This IOU could then also be used by the company to pay other organisations and individuals within the country.

One of the most disruptive aspects of this unrealised plan, was to enable the state to borrow directly from citizens and vice versa. In effect, Varoufakis was attempting to use new digital technologies, such as blockchain, to cut out the European lending authorities and build new lending relationships between citizens, companies and the state. The risk this system faced was the threat of corruption and the subsequent decline in public trust of authorities, something that Varoufakis admits is “in very limited supply” in a country like Greece. For example, what if Greek authorities abused these tax credits and began to distribute this new fiscal money to close allies and friends? This is where Varoufakis saw blockchain’s potential. “If the payments system was based on the blockchain, this would allow the combination of anonymity but perfect transparency, regarding the total aggregate size of the transactions of the currency….blockchain would overcome the trust problem as we know it.”

Read more …

Japan and China suffer the same fate: aging populations.

Japan Births Plunge To Lowest Level Ever Recorded (ZH)

Back in 2013 we asked “Why Have Young People In Japan Stopped Having Sex?” And while that might sound like nothing more than a clever headline intended for The Onion, it was prompted by a very serious survey conducted by the Japan Family Planning Association which found that 45% of Japanese women aged 16-24 and 25% of men were “not interested in or despise sexual contact”…a growing trend that has revealed itself via the nation’s persistently declining birth rates. In fact, “celibacy syndrome” has become of such great concern for the Japanese government that it is considered a bit of a looming national catastrophe….a catastrophe that seems to be getting worse at an accelerating rate. According to data released today by Japan’s Ministry of Health, Labor and Welfare, child births in Japan will drop to just 941,000 in 2017, the lowest since data first started being recorded in 1899, and nearly 65% below the peak birth rate from the late 1940’s.

Read more …

China is building “..a housing bubble for a population that is never coming..”

China Raging Against the Dying of the Light (Hamilton)

China’s working age population is clearly defined as those aged 16 to 50 years old for females (55 for “white collar” females) and 16 to 60 years old for males. China mandates retirement at these outer age limits. Perhaps of some interest should be that this working age population peaked in 2011 and has been declining since. This decline will continue indefinitely as China has a collapsing childbearing population (detailed HERE), net emigration (outflow), and a still decidedly negative birthrate. There is no evidence to believe the working age declines will abate any decade soon. As the chart below shows, China’s potential workforce will be shrinking indefinitely…and by 2030 China’s potential workforce will be over 100 million fewer than the 2011 peak (an 11% decline)…and only further down from there..

China has one of the youngest average retirement ages in the developed world. On average, according to a recent study (HERE), Chinese leave the work force by age 55 compared to age 63 in the US (Norway has the latest average departure at age 67). So, perhaps China will be raising the retirement age to curb the ballooning 60+yr/old population entering retirement (chart below…chart shows retirement population, 55+ females and 60+ males)? More on that later..

Comparing the working age population versus the 60+yr/old population (chart below…again, showing the 55+ females, 60+ males). A shrinking potential workforce since peaking in 2011 and a rapidly growing elderly population.

[..] While China’s GDP and energy consumption have led the world, they have not responded in kind to China’s debt explosion and exponentially more will be necessary to continue to show “growth”. Over a third and perhaps half of all the debt has been mal-invested in a housing bubble for a population that is never coming. What comes next isn’t going to be good for China nor the rest of the world as China looks to flood a depopulating nation with new debt only creating more housing overcapacity…China will look to beat the Japanese at the debt game.

Read more …

Outflows are by no means over.

US Tax Cut and Rate Hikes Threaten China Currency (Schmid)

Seven was the line in the sand. But the Chinese yuan never crossed that line vis-à-vis the U.S. dollar. It only crept up to 6.96 yuan per dollar on Dec. 16, 2016, before starting an impressive comeback, down to 6.5 in the middle of this year. Last year was a bad one for the Chinese economy. Growth was slow, and the world was worried China would finally land the hard way, as many have been predicting for years. And more than GDP growth or any other metric, the Chinese currency was the barometer of whether China could keep things stable – stability is the mantra of the ruling communist regime – or suffer a crisis of debt deflation. If it declined in value, it meant citizens and companies were moving money out of the country in droves because they didn’t believe in the Chinese dream anymore. So another measure of how bad things had gotten in the second-largest economy of the world was capital outflows.

According to the Institute of International Finance (IIF), a record $725 billion left China in 2016, putting pressure on the currency and the Chinese interbank market. All these factors have changed in favor of the dollar in the last quarter, and it’s going to be hard for China to compete. Trying to stem the tide, the central bank sold record amounts of foreign currency. Chinese foreign exchange reserves, $4 trillion at the peak in 2014, went down to $3 trillion, and analysts started to question whether this was enough to finance the world’s largest trading economy. Then, miraculously in time for the 2017 National Congress of the Communist Party, all of this stopped. The yuan never went above 7, the exchange reserves never went below 3 trillion, and capital outflows subsided thanks to draconian regulations making it harder for individuals and companies to move money out of the country.

Read more …

Beppe all the way.

Italy’s Ruling PD Slides Further In Polls As Election Nears (R.)

Italy’s ruling Democratic Party (PD), hit by internal divisions and a banking scandal, is continuing to slide in opinion polls, with a new survey on Saturday putting it more than six points behind the anti-establishment 5-Star Movement. The survey by the Ixe agency, commissioned by Huffington Post Italia, comes just days before parliament is expected to be dissolved to make way for elections in March. It gives the center-left PD just 22.8% of voter support, down almost five points in the last two months, compared with 29.0% for 5-Star, which has gained almost two points in the same period. Silvio Berlusconi’s center-right Forza Italia (Go Italy!) is given 16.2%, with its right-wing allies the Northern League and Brothers of Italy on 12.1% and 5.0% respectively.

This bloc is expected to win most seats at the election but not enough for an absolute majority, resulting in a hung parliament. With the PD’s support eroding in virtually all opinion polls, several political commentators have speculated that its leader Matteo Renzi may choose or be forced to announce he will not be the party’s candidate for prime minister at the election. Renzi has given no indication so far he will take this step. The PD has split under his leadership, with critics complaining he has dragged the traditionally center-left party to the right. Breakaway groups united this month to form a new left-wing party called Free and Equal (LeU), which now has 7.3% of support, according to Ixe. The PD’s popularity seems to have also been hurt by a parliamentary commission looking into the collapse of 10 Italian banks in the past two years.

Read more …

What kills faith in mankind.

How Sea Shepherd Lost Battle Against Japan’s Whale Hunters In Antarctic (G.)

A fleet of Japanese ships is currently hunting minke whales in the Southern Ocean. It is a politically incendiary practice: the waters around Antarctica were long ago declared a whale sanctuary, but the designation has not halted Japan’s whalers, who are continuing a tradition of catching whales “for scientific research” in the region. In the past, conservation groups such as Sea Shepherd have mounted campaigns of harassment and successfully blocked Japan’s ships from killing whales. But not this year. Despite previous successes, Sea Shepherd says it can no longer frustrate Japan’s whalers because their boats now carry hardware supplied from military sources, making the fleet highly elusive and almost impossible to track. As a result the whalers are – for the first time – being given a free run to kill minke in the Southern Ocean.

“We have prevented thousands of whales from being killed in the past and we have helped ensure that the quota of minkes that Japan can take now is much lower than in the past,” said Peter Hammarstedt, a Sea Shepherd captain. “But they have put such resources into this year’s whaling that we cannot hope to find their fleet and stop them. It is simply a matter of us not wasting our own resources. We have other battles to fight.” Japan is not the only nation to hunt whales. Norway has a commercial operation in its own waters, for example. But what infuriates conservationists is that Japan is hunting and killing whales in a conservation zone, the Southern Ocean whaling sanctuary, that surrounds Antarctica. Japan claims that it does so only for scientific purposes.

“Essentially, they are exploiting a loophole in the rules – introduced in the 80s – that govern the banning of commercial whaling,” said Paul Watson, the founder of Sea Shepherd. Originally Japan set out to catch more than 900 minkes every year, as well as 50 humpbacks and 50 fin whales. However, its fleet was rarely able to reach these quotas because of actions by groups like Sea Shepherd. “We physically got in between the whalers and the whales and stopped the latter being killed,” said Hammarstedt. “One year we stopped Japan getting all but 10% of its quota. Their ships were nearly empty when they got back home.”

Read more …

The further north the larger the differences.

Climate Change In The Land Of Santa Claus (Ind.)

Lapland occupies a happy space in the popular imagination as a winter wonderland, occupied by reindeer, elves and Father Christmas. The real life Lapland, however, is increasingly facing up to the grim reality of global warming. Besides being the name of Swedish and Finnish provinces, Lapland is the English name for a region largely above the Arctic Circle that stretches across the north of Norway, Sweden, Finland and Russia. Research has revealed the disproportionate impact of climate change in the Arctic, where temperatures are currently rising at double the rate of the global average. The far north is bearing the brunt of global warming, and, as much of Lapland’s population relies on its polar climate for their livelihoods, the effects are starting to be felt.

Rovaniemi, the administrative capital of the Finnish province of Lapland, has done a good job of capitalising on the region’s Christmas-themed reputation. It is the self-proclaimed “Official Hometown of Santa Claus”, where the man himself can be visited 365 days a year. However, with his official residence there only constructed in 1950, Santa Claus is a relative newcomer to Lapland. The wider region is the ancient home of the indigenous Sami people, who refer to it as Sapmi. Owing to its remote location and freezing temperatures, much of Lapland remains relatively pristine wilderness, and it is this wilderness that provides the Sami with space to practise their ancient tradition of reindeer herding. As temperatures rise and begin to disrupt the unspoiled environment, the future prosperity of all Lapland’s inhabitants – from the Sami to Santa Claus – is at risk.

Dr Stephanie Lefrere first came to Finnish Lapland 18 years ago to study reindeer behaviour. Since then, she has observed dramatic changes in the region’s weather patterns, and subsequent effects on its wildlife. “In my very first fieldwork, 300km (186 miles) above the Arctic Circle, it was 20°C below zero on 31 October – really the Arctic feeling by the end of October,” she said. “We don’t have that any more. “Recently there have been ‘black Christmases’ with no snow at all in the southern part of Finland.” Decades of work in the region have cemented her view that climate change is having far-reaching effects on Lapland’s environment, affecting animal migratory routes, habitats and behaviour. “I became worried as a scientist, and also as an individual who is fascinated by the Arctic,” said Dr Lefrere.


Sami culture is based around reindeer, but only a fraction still keep their animals due to environmental change (Getty)

Read more …