Mar 232023
 


Gustav Klimt Pine forest I 1901

 

In Moscow, Xi And Putin Bury Pax Americana (Escobar)
Multipolarity Was Triggered By The 2003 US Invasion Of Iraq (Kneissl)
Why Hypersonic Weapons Change Everything (Krainer)
EU ‘Delusional’ In Its Push To ‘Decouple’ From Russia – Austrian FM (RT)
Results Of Xi’s Visit To Russia Matter, Not Western Reaction – Kremlin (TASS)
China Gives US Advice On Ukraine (ZH)
West Wants Ukraine To Be Destroyed – Moscow (RT)
West Brings Humankind Closer To Nuclear Armageddon – Antonov (TASS)
UK’s Depleted Uranium Plan Threatens All Of Europe – Moscow (RT)
Russia Calls On US Not To Escalate Situation (TASS)
Russia, China Reject Import Of ‘Color Revolutions’ To Central Asia (TASS)
Russia and China Sign Long-Term Nuclear Deal (RT)
Macron Will Not Seek Re-election, Ready To Sacrifice His Popularity (TASS)
US Trying To ‘Cover Up’ Nord Stream Sabotage Role – Seymour Hersh (RT)
US Must Respond To Nord Stream Accusations – Mexican President (RT)
Elon Musk Urges US To Guarantee All Bank Deposits (RT)
Hunter Biden Used FBI Mole Named ‘One-eye’ To Tip Him Off To China Probes (NYP)

 

 

 

 

Nuland

 

 

 

 

 

 

 

 

Tucker Moderna
https://twitter.com/i/status/1638700326537535489

 

 

Rand Paul Blinken

 

 

 

 

Gaddafi
https://twitter.com/i/status/1638532760477528064

 

 

 

 

 

 

IVM

 

 

 

 

Very few in the west have an overview of how the world changed last weekend.

“..the Russian position remains ironclad: demilitarization, Ukrainian neutrality, and enshrining the new facts on the ground. In parallel, the Russian Foreign Ministry completely ruled out a role for the US, UK, France, and Germany in future Ukraine negotiations: they are not considered neutral mediators.”

In Moscow, Xi And Putin Bury Pax Americana (Escobar)

What has just taken place in Moscow is nothing less than a new Yalta, which, incidentally, is in Crimea. But unlike the momentous meeting of US President Franklin Roosevelt, Soviet Leader Joseph Stalin, and British Prime Minister Winston Churchill in USSR-run Crimea in 1945, this is the first time in arguably five centuries that no political leader from the west is setting the global agenda. It’s Chinese President Xi Jinping and Russian President Vladimir Putin that are now running the multilateral, multipolar show. Western exceptionalists may deploy their crybaby routines as much as they want: nothing will change the spectacular optics, and the underlying substance of this developing world order, especially for the Global South. What Xi and Putin are setting out to do was explained in detail before their summit, in two Op-Eds penned by the presidents themselves. Like a highly-synchronized Russian ballet, Putin’s vision was laid out in the People’s Daily in China, focusing on a “future-bound partnership,” while Xi’s was published in the Russian Gazette and the RIA Novosti website, focusing on a new chapter in cooperation and common development.

Right from the start of the summit, the speeches by both Xi and Putin drove the NATO crowd into a hysterical frenzy of anger and envy: Russian Foreign Ministry Spokeswoman Maria Zakharova perfectly captured the mood when she remarked that the west was “foaming at the mouth.” The front page of the Russian Gazette on Monday was iconic: Putin touring Nazi-free Mariupol, chatting with residents, side by side with Xi’s Op-Ed. That was, in a nutshell, Moscow’s terse response to Washington’s MQ-9 Reaper stunt and the International Criminal Court (ICC) kangaroo court shenanigans. “Foam at the mouth” as much as you like; NATO is in the process of being thoroughly humiliated in Ukraine.

During their first “informal” meeting, Xi and Putin talked for no less than four and a half hours. At the end, Putin personally escorted Xi to his limo. This conversation was the real deal: mapping out the lineaments of multipolarity – which starts with a solution for Ukraine. Predictably, there were very few leaks from the sherpas, but there was quite a significant one on their “in-depth exchange” on Ukraine. Putin politely stressed he respects China’s position – expressed in Beijing’s 12-point conflict resolution plan, which has been completely rejected by Washington. But the Russian position remains ironclad: demilitarization, Ukrainian neutrality, and enshrining the new facts on the ground. In parallel, the Russian Foreign Ministry completely ruled out a role for the US, UK, France, and Germany in future Ukraine negotiations: they are not considered neutral mediators.

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“..orientation comes from Orient.”

Multipolarity Was Triggered By The 2003 US Invasion Of Iraq (Kneissl)

In the run-up to the Iraq invasion, there was a great deal of division among UN Security Council (UNSC) members. US Secretary of State Colin Powell presented questionable evidence of Iraq’s possession of weapons of mass destruction, while the foreign ministers of Germany and France publicly opposed the aggression, for which they occasionally received applause in the Council. China and Russia, who vehemently opposed the war, began coordinating their decisions and responses, in part because of their respective oil interests in Iraq. This cooperation between Moscow and Beijing set the stage for a coordinated multilateral approach between the two nations. Both governments understood that a war would open Pandora’s box, leading to the collapse of Iraqi institutions and resulting in widespread regional disharmony.

Unfortunately, this is precisely what happened. The subsequent years saw weekly attacks, an expansion of Salafi terror groups like Al Qaeda, the rise of ISIS in 2014, and perpetual internal Iraqi conflict. Anyone familiar with the country‘s conditions was aware of the looming catastrophe when the illegal invasion of Iraq began on 20 March, 2003. Twenty years to the day, Chinese President Xi Jinping will embark on a three-day state visit to Moscow, and the focus will extend beyond bilateral energy relations, which have been a consistent priority since 2004. As previously stated in their joint declaration in Beijing in February 2022, Russian President Vladimir Putin and his Chinese counterpart aim to coordinate their foreign policy and advance it together. Their discussions may also touch on the Ukraine dossier, although media expectations in the west may be overestimated.

It may be pure coincidence that the meeting coincides with the 20th anniversary of the Iraq invasion. Yet it also highlights how extensively Russian and Chinese strategies have intertwined over the past two decades. Today, increasingly, “orientation comes from Orient.” Cooperative geostrategic leadership and sound alternative propositions to resolve global conflicts are being shaped in Beijing and Moscow – because the old centers of power can offer nothing new. Twenty years after the US invasion of Iraq, a failed ‘war on terror,’ the proliferation of extremism, millions of dead and displaced in West Asia, and never-ending conflict, China and Russia have finally teamed up to systematically advance their view of the world, this time with more resolve and global clout.


Brzezinski 1997

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“Russia is the only country in the world that has deployment-ready hypersonic missiles – not one but three types..”

Why Hypersonic Weapons Change Everything (Krainer)

It was in 2018 that Vladimir Putin took the stage to present Russia’s new hypersonic weapons. The term “hypersonic” refers to missiles that fly at speeds of 5 mach and higher. At the time, many in the west dismissed Putin’s claims and thought it was a bluff. We now know that he wasn’t bluffing. Russia is the only country in the world that has deployment-ready hypersonic missiles – not one but three types: Zircons, Kinzhals and Avantguards. Domazet explained why these weapons are radical game changers in warfare. Namely, in World War 1, tanks were the game changing military technology. Since World War 2, it’s been the air-force. Aircraft carrier strike groups have been an irresistible force wherever they travelled, dominating the seas ever since. But hypersonic precision missiles have rendered that force obsolete overnight.

The main military front in today’s global conflict, according to Domazet, are the Anti-Ballistic (ABM) batteries which the US has set up on the Poland-Romania axis, and the Russians on the North Pole-Kaliningrad-Crimea-Syria axis. These are defensive systems, conceived to intercept incoming nuclear missiles (though they can easily be converted to offensive nuclear missiles). However, today’s ABM systems are only effective against missiles flying at speeds up to mach 3.5 (3.5 x the speed of sound). Russia’s new Kinzhal missile flies at speeds of mach 12 to mach 15 and nothing in western defensive arsenals can stop its strike. During the war in Ukraine, Russia staged a stunning demonstration of its power.

The first Kinzhal strike, delivered one month after the beginning of hostilities in Ukraine, was perhaps the most significant: Russian forces targeted a large weapons depot in Ukraine which had been built during the Soviet times to withstand a nuclear strike. It was buried 170 meters (over 500 ft) underground and protected by several layers of armored concrete. The Kinzhal flies at altitudes of between 20 and 40 km, with a maximum range of 2,000 km. When above target, it dives perpendicularly and accelerates to 15 mach, generating enormous kinetic energy in addition to its explosive payload. That first strike with a single Kinzhal missile destroyed Ukraine’s nuke-proof underground weapons depot. This was a message for the west.

[..] Western intelligence estimated that Russia had some 50 Kinzhals at the start of the war in Ukraine, and thus far it has used only 9 of them. Last week, they fired six Kinzhals in a single salvo. That too, was a message. Here’s how Domazet explained it: United States have 11 aircraft carrier strike groups. Of these, fewer than half will be active at any one time (while others are in dock for maintenance, or in preparation). Firing six Kinzhals in one go is military-speak for, “we have the capability to sink ALL of your aircraft carriers at once.”

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“91% of Western companies are still in Russia and doing what is sensible: waiting, containment, ring fencing.”

EU ‘Delusional’ In Its Push To ‘Decouple’ From Russia – Austrian FM (RT)

Russia will always remain important for Europe, Austria’s foreign minister told Reuters on Wednesday as he defended Raiffeisen Bank’s continued operations in the sanctioned country. Alexander Schallenberg made his comments after the US sanctions authority launched a probe into the Austrian lender over its business related to Russia last month. “Let’s get real,” he said. “91% of Western companies are still in Russia and doing what is sensible: waiting, containment, ring fencing.” Raiffeisen Bank International is Austria’s second-largest lender and, despite sanctions, still plays a critical role in the Russian economy.


It’s one of only two foreign banks on the Russian central bank’s list of 13 systemically important credit institutions. The other is UniCredit, a pan-European commercial bank. “To think that there won’t be Russia anymore and we can decouple in all areas is delusional,” Schallenberg told Reuters, adding that while Austria would loosen ties, this “can’t happen overnight.” Schallenberg also discouraged Europe from introducing further sanctions against Russia. “It is a very blunt weapon,” he said. “We’ve had massive sanctions packages. Give them time to work.”

Bulgaria

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“Dmitry Medvedev [..] pointed out that he was pleased that most Westerners were furious about Russia-China high-level talks..”

Results Of Xi’s Visit To Russia Matter, Not Western Reaction – Kremlin (TASS)

It is the results of Chinese President Xi Jinping’s visit to Russia that matter, not the Western coverage that was predictably hostile, Kremlin Spokesman Dmitry Peskov told reporters on Wednesday. “Undoubtedly, the most important thing is not the West’s reaction after all, but the results of these talks that have taken place. The main thing is the results of the state visit itself,” the Kremlin spokesman said. “As for the reaction of the Western countries, it is practically on all issues nothing but unfriendly and deeply hostile, this is not a secret to anyone. The coverage of this important visit is not an exception,” Peskov stressed.


Chinese President Xi Jinping was on a state visit in Russia from March 20 to 22. On Monday, he had a tete-a-tete informal meeting with Putin, which lasted for 4.5 hours. On Tuesday, the Chinese leader met with Russian Prime Minister Mikhail Mishustin and then arrived in the Kremlin for official talks with Putin. The leaders signed two joint statements after the talks. They both pointed out that the talks were successful. Deputy Chairman of the Russian Security Council Dmitry Medvedev, who was part of the expanded circle of Russian delegates at the talks, pointed out that he was pleased that most Westerners were furious about Russia-China high-level talks.

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“..contrary to popular assumptions in the West, the global community stands by China on the side of diplomatically pursuing peace.”

China Gives US Advice On Ukraine (ZH)

Putin had told Xi that the peace plan “correlates to the point of view of the Russian Federation”; but the message out of Biden officials was “don’t be fooled” as it’s all about Moscow seeking to “freeze the war on its own terms,” in the words of Secretary of State Blinken. Also on Tuesday, NSC spokesman John Kirby said China is not an impartial mediator and that China “keeps parroting the Russian propaganda”. On Wednesday the Chinese foreign ministry hit back, charging that Washington is “adding fuel to the fire” of the conflict by its “continuous supply” of weapons to the battlefield. Spokesman Wang Wenbin was asked directly about Kirby and Blinken’s comments from the day prior.

“The US side claims that China’s stance isn’t impartial. But is it impartial to continuously supply weapons to the battlefield? Is it impartial to constantly escalate the conflict? Is it impartial to allow the effects of the crisis to spill over globally?” Wang said. “We advise the American side to rethink its own stance on the Ukraine issue, turn away from the erroneous path of adding fuel to the fire, and stop shifting the blame to China,” he added. The spokesman further insisted Beijing has “no selfish motives on the Ukraine issue, has not stood idly by… or sought profit for itself,” but that “what China has done boils down to one thing, that is, to promote peace talks.” He went on to assert that contrary to popular assumptions in the West, the global community stands by China on the side of diplomatically pursuing peace. According to a transcript:

“On the Ukraine issue, voices for peace and rationality are building. Most countries support easing tensions, stand for peace talks, and are against adding fuel to the fire. This is also China’s position. President Xi Jinping’s visit to Russia is a journey of friendship, cooperation and peace. It has been warmly received internationally. We call on the US to reflect on its own role in the Ukraine issue, stop fueling the flames, and stop deflecting the blame on China.”

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“..if London follows through with its plans, then “Russia will be forced to react accordingly, bearing in mind that the collective West has already started to use weapons with a nuclear component.”

West Wants Ukraine To Be Destroyed – Moscow (RT)

The British government’s plans to send depleted uranium shells to Kiev for use in the conflict with Moscow show that Western claims of caring about peace and the future of Ukraine are lies, the Russian Foreign Ministry’s spokeswoman Maria Zakharova has claimed. Speaking to Radio Sputnik on Wednesday she insisted that the statement by London is a sign of the “absolute recklessness, irresponsibility and impunity” of the US and Britain when it comes to international affairs. She stressed that munitions containing depleted uranium are not only more powerful and have greater penetrating ability, but they also contaminate the soil with radiation, delivering lasting damage to the environment and affecting many generations of people living in the area.

“Everything that we hear from those countries [the US and UK] about peace, the settlement of the conflict, the future of Ukraine, the well-being of the Ukrainian people – it’s all a lie, falsehood and absolute disorientation of the international community. In reality, the goal is completely different,” Zakharova said. After the UK announced plans to supply armor-piercing depleted uranium shells to the Kiev government, “there can’t be any doubts that we’re talking about is the strongly pronounced intention of the collective West, headed by the US and Britain, to see Ukraine completely destroyed,” she stressed. On Monday, Annabel Goldie, the UK Minister of State for Defense, said that “alongside our granting of a squadron of Challenger 2 main battle tanks to Ukraine, we will be providing ammunition including armor-piercing rounds which contain depleted uranium.”

According to the official, such ammunition should be sent to Kiev because it is “highly effective in defeating modern tanks and armored vehicles.” The announcement by Goldie is “yet another British provocation,” which is aimed at escalating the conflict in Ukraine to a new level, Zakharova said. It’s no coincidence that it was made during the visit of Chinese President Xi Jinping to Moscow for talks with his Russian counterpart Vladimir Putin, which were focused on international stability and the Chinese peace initiative for Ukraine, she suggested. The rounds containing depleted uranium are actually “weapons of mass destruction with a nuclear component,”the spokeswoman insisted, adding that “the WMD issue is part of Anglo-Saxon logic of destabilizing the global international situation.” She recalled how Washington’s unsubstantiated claims that the government of Saddam Hussein had been in possession of weapons of mass destruction became a pretext for the US invasion of Iraq in 2003.

She also noted that NATO had used munitions with depleted uranium during its bombing of Yugoslavia in 1999. “Some 15 tons of depleted uranium 238” were dropped on Yugoslav territory back then, and Serbia is still suffering from the fallout, reporting record numbers of some forms of cancer, Zakharova added. After the announcement of the deliveries of shells with depleted uranium to Ukraine, “we have no grounds anymore to doubt in principle who stands behind the activation, the launch of the conflict in Ukraine in all its phases. It is certainly the NATO-centric collective West, which is headed, in the first place, by the US and UK,” she insisted. Speaking about the issue on Tuesday, President Putin warned that if London follows through with its plans, then “Russia will be forced to react accordingly, bearing in mind that the collective West has already started to use weapons with a nuclear component.”

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“There is a continuous flow of lethal weapons to Ukraine, which are used to annihilate civilians, residential areas, schools, hospitals, kindergartens..”

West Brings Humankind Closer To Nuclear Armageddon – Antonov (TASS)

Western countries led by the US have decided to bring the humankind to the brink of a nuclear Armageddon, Russia’s Ambassador to the US Anatoly Antonov said in Washington on Wednesday. He was responding to statements by US officials that depleted-uranium munitions are a standard type of weapons that’s been used for decades and doesn’t pose any heightened risk. “Commenting on this kind of nonsense is really hard. US officials have reached a new low with their irresponsible statements. There is a continuous flow of lethal weapons to Ukraine, which are used to annihilate civilians, residential areas, schools, hospitals, kindergartens,” Antonov said, according to a statement from the embassy.


“It seems that the enlightened West, led by Washington, has irrevocably decided to bring humanity to a dangerous line, beyond which a nuclear Armageddon is looming ever more distinctly.” According to a statement published on Monday, UK Minister of State for Defense Annabelle Goldie wrote in response to an inquiry from a member of the House of Lords that the British government would send Ukraine munitions containing depleted uranium and featuring enhanced effectiveness against armored vehicles. Russian President Vladimir Putin said Tuesday that Russia will have to react appropriately to the fact that the “collective West begins using weapons with a nuclear component.”.

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“..depleted uranium munitions, which can contaminate the battlefield and cause health risks for generations to come..”

UK’s Depleted Uranium Plan Threatens All Of Europe – Moscow (RT)

The British decision to supply depleted uranium munitions to Kiev is part of a dangerous trend that makes the Ukraine conflict a threat to the whole of Europe, Russian State Duma Chairman Vyacheslav Volodin has warned. “The war to the last Ukrainian could become a war to the last European,” the politician said in a social media post. Numerous Russian officials have claimed that Kiev’s Western backers are prepared to sacrifice every Ukrainian for their geopolitical interests. Volodin argued that Kiev’s acquisition of depleted uranium munitions, which can contaminate the battlefield and cause health risks for generations to come, could become a stepping stone to even more dangerous weapons. The next step “could be the use of a dirty bomb by the Kiev regime or the deployment of a tactical nuclear weapon,” added Volodin.

President Vladimir Putin expressed concern about the British decision earlier this week, warning that Russia “will be forced to react accordingly, bearing in mind that the collective West has already started to use weapons with a nuclear component.” The Russian military claimed last October that two organizations in Ukraine had been given instructions to build a so-called ‘dirty bomb’, using materials that Kiev has had access to since it was part of the Soviet Union. The Russian Defense Ministry provided a list of locations in Ukraine where nuclear fuel and nuclear waste is present. A dirty bomb has a conventional explosive core surrounded by a radioactive jacket, and when detonated, it causes serious contamination.

Kiev denied the allegations and invited the International Atomic Energy Agency (IAEA), the UN’s nuclear watchdog, to inspect several of its atomic facilities, including the Eastern Mineral Enrichment Plant in Dnepropetrovsk Region and the Institute for Nuclear Research in the Ukrainian capital. IAEA Director General Rafael Mariano Grossi reported in November that monitors found no evidence of undeclared activities at those two locations or a third site, a rocket-building plant in the city of Dnepr. The British government announced on Monday that it will send Ukraine armor-piercing rounds containing depleted uranium, alongside Challenger 2 main battle tanks that had already been promised.

Lukashenko
https://twitter.com/i/status/1638487524862459904

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“They consider supplying the Kiev regime with even more lethal, longer-range, modern sophisticated systems. Thus, the United States once again shows itself as a party directly involved in the conflict..”

Russia Calls On US Not To Escalate Situation (TASS)

Russia urges the United States not to continue down the path of escalation, Russian Deputy Foreign Minister Sergey Ryabkov told reporters on Wednesday, commenting on the US Congress’ calls to supply Kiev with cluster munitions. “We call on the US side not to escalate,” he said, answering a question from TASS. The senior diplomat also pointed out that the US once again proved its direct involvement in the Ukrainian crisis by supplying Kiev with more and more lethal weapons. “They consider supplying the Kiev regime with even more lethal, longer-range, modern sophisticated systems. Thus, the United States once again shows itself as a party directly involved in the conflict,” the diplomat said.


Ryabkov pointed out that the US Congress didn’t even realize “what consequences such an initiative could lead to for the security of the US-led NATO and for any chances of potentially normalizing relations with Washington.” The Politico newspaper reported earlier that four high-ranking Republicans in the US Senate and the House of Representatives sent US President Joe Biden a letter, urging the American leader to supply Ukraine with cluster munitions.

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“The sides are ready to strengthen mutual coordination to support Central Asian countries’ efforts to ensure their sovereignty and national development..”

Russia, China Reject Import Of ‘Color Revolutions’ To Central Asia (TASS)

Russia and China reject attempts to organize “color revolutions” and foreign interference into domestic affairs of Central Asian countries, according to the joint statement signed by Russian and Chinese Presidents, Vladimir Putin and Xi Jinping, after their talks in Moscow on Tuesday. “The sides are ready to strengthen mutual coordination to support Central Asian countries’ efforts to ensure their sovereignty and national development. They reject attempts to import ‘color revolutions’ and foreign interference into regional affairs,” the statement reads. The two leaders also lauded the positive contribution of the Collective Security Treaty Organization (CSTO) to regional security and the potential of cooperation between the CSTO and China to ensure peace and stability in the region.

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“China already operates five Russian nuclear reactors and currently has four more under construction..”

Russia and China Sign Long-Term Nuclear Deal (RT)

Russia and China are deepening their partnership in nuclear energy and will draw up a roadmap for cooperation in developing so-called fast-neutron reactors for decades to come, Russia’s state-run nuclear energy giant Rosatom announced on Wednesday. According to the company, the comprehensive program lays the ground not only for bilateral cooperation, but will essentially influence the shape of the global nuclear energy sector. The document signed between Rosatom and the China National Nuclear Corporation covers “key areas” and is focused on expanding current cooperation as well as launching new projects “related to fast-neutron reactors, the production of uranium-plutonium fuel and the management of spent nuclear fuel.”


The announcement of a long-term nuclear deal came among a raft of agreements presented during a three-day visit by Chinese President Xi Jinping to Moscow. China already operates five Russian nuclear reactors and currently has four more under construction, which makes Russia the largest nuclear supplier to the country. Last year, Rosatom launched the construction of the Xudabu-4 reactor and the Tianwan-8 reactor in the Jiangsu province in eastern China. The reactors will be powered by third-generation pressurized water reactor technology supplied by Rosatom, with operations set to begin between 2026 and 2028, according to the agreement. The cost of construction at each site is estimated to be $1.7 billion.

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He should just leave.

Macron Will Not Seek Re-election, Ready To Sacrifice His Popularity (TASS)

French President Emmanuel Macron said on Wednesday against the backdrop of the pension reform unfolding in the country that he was ready to sacrifice his popularity for France’s interests as he did not intend to be re-elected. “I am not going to do another term, I cannot do it according to the Constitution. Between the opinion polls and the interests of the country I will choose the latter,” he told the TF1 and France-2 TV channels in an interview. “If I have to face unpopularity, I am ready for it,” he added. The head of the state admitted that he had a responsibility to “settle the understandable anger”, however, he pointed out that this anger should not turn into violence, which he said was unacceptable.


“Rallies, the participants of which show protest – this is legal. But its legality should not exceed the legality of democratic decisions, which come to life through the decisions of the people’s deputies,” Macron said. A draft pension reform to raise the retirement age in France from 62 to 64 years was presented in January. This initiative sparked rallies and strikes across the country. On March 16, the head of the French cabinet, Elisabeth Borne, used her constitutional powers and announced that the bill would be adopted without a vote in the National Assembly (the lower house of parliament). This decision sparked a new wave of rallies, which often ended in clashes with the police.

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Hersh’s newest is behind a paywall.

US Trying To ‘Cover Up’ Nord Stream Sabotage Role – Seymour Hersh (RT)

Pulitzer Prize-winning journalist Seymour Hersh claims the US intentionally provided false stories to the media to cover up Washington’s involvement in the destruction of Russia’s Nord Stream 2 pipeline. In a post on his Substack blog, the veteran reporter claims the CIA was tasked with preparing a cover story in collaboration with German intelligence to provide the American and German press with an “alternative version” of the Nord Stream 2 explosions. “In the words of the intelligence community, the agency was ‘to pulse the system’ in an effort to discount the claim that Biden had ordered the pipeline’s destruction,” Hersh wrote, citing an anonymous source with access to diplomatic intelligence. He noted that the CIA had completed its task and, with the help of Germany, planted stories in the New York Times and German weekly Die Zeit. These referred to a supposed “ad hoc ‘off the books’ operation” carried out by a “pro-Ukrainian group,” which allegedly used a luxury sailing yacht to plant explosives on the Nord Stream pipelines.


“It was a total fabrication by American intelligence that was passed along to the Germans, and aimed at discrediting your story,” a source within the American intelligence community reportedly told Hersh. “The disinformation professionals inside the CIA understand that a propaganda gambit can only work if those on receiving are desperate for a story that can diminish or displace an unwanted truth. And the truth in question is that President Joe Biden authorized the destruction of the pipelines,” he added. In February, Hersh published a bombshell report on last September’s Nord Stream 1 and 2 gas pipeline blasts, accusing Washington of orchestrating the attack. The White House denied responsibility. Last week, several Western media outlets claimed the culprits may have been linked to Ukraine. Moscow dismissed the reports as “a coordinated media hoax campaign.”

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“the US has “never been ones to indicate that we are the government of the world or some kind of edict like that.”

US Must Respond To Nord Stream Accusations – Mexican President (RT)

Mexican President Andres Manuel Lopez Obrador has argued that the US should respond to allegations that it sabotaged the Nord Stream pipelines. The remarks came as the Mexican leader hit out at Washington following criticism of his country. “If we are talking about acts of violence, how is it that an award-winning journalist in the United States claims that the US government sabotaged the gas pipeline from Russia to Europe?” Lopez Obrador asked during a press conference on Tuesday. The Mexican president was referring to claims by Pulitzer Prize-winning journalist Seymour Hersh that the Biden administration blew up the Nord Stream pipelines linking Russia and Germany last year. Lopez Obrador’s remarks came as part of a rebuttal to accusations of “violence” by Mexican authorities, made in an annual human rights report issued by the US State Department this week.

The report alleged “significant human rights issues” in Mexico and cited “credible reports” of unlawful or arbitrary killings by the police, as well as torture and forced disappearances. Lopez Obrador rejected the findings as “lies,” and noted Washington’s own list of alleged wrongdoings. According to the Mexican president, that includes the US extradition demands against WikiLeaks founder Julian Assange, who remains in detention in the UK. In addition, Lopez Obrador pointed to failed American efforts to halt the opioid crisis plaguing the country, which caused over 71,000 deaths in 2022 alone from fentanyl-linked overdoses and drug poisonings. The Mexican leader went on to argue that “lying” and “politicking” is in Washington’s nature, and asserted that the US “do[es] not want to change, so they believe they are the government of the world, and they only see the speck in someone else’s eye and not the beam in their own.”

State Department deputy spokesperson Vedant Patel responded to Lopez Obrador’s remarks by insisting that the US has “never been ones to indicate that we are the government of the world or some kind of edict like that.” Patel suggested that the Mexican police, military, and other government structures were responsible for serious acts of corruption and unlawful killings, which is why these issues were highlighted in the State Department report. Lopez Obrador, however, has repeatedly insisted that there is an “anti-Mexico” conservative element within the US government that is trying to inflame tensions between the two countries. “Mexico is safer than the United States,” Lopez Obrador insisted earlier this month.

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“..Moody’s downgraded its outlook for the US banking system from ‘stable’ to ‘negative,’ citing the “rapidly deteriorating operating environment.”

Elon Musk Urges US To Guarantee All Bank Deposits (RT)

Elon Musk has proposed a solution to the current banking crisis in the US. The government must do away with the current $250,000 insurance cap on all deposits to stop panicking clients from withdrawing their money, the Tesla CEO wrote in a Twitter post on Tuesday. His comments come in response to a media report that US officials are studying ways to temporarily insure deposits beyond the current limit, without having to get approval from Congress. “Absolutely required to stop bank runs,” Musk wrote. The banking crisis began in the US earlier this month with the sudden collapse of Silicon Valley Bank (SVB), a major US lender focused on the tech and startup sectors. Over 92% of deposits in the bank were uninsured and the lender was shut down by regulators after massive deposit outflows.

SVB’s failure caused the closure of another lender, Signature Bank. Panicked customers have withdrawn tens of billions of dollars in cash from the smaller banks and placed them with bigger lenders. The billionaire entrepreneur and head of Tesla, Twitter and SpaceX, first proposed the idea last week. “FDIC needs to change to unlimited coverage to stop bank runs… Right now,” he wrote on March 18. The government has guaranteed all deposits of SVB and Signature Bank customers. However, according to a recent study, nearly 200 American banks are facing similar risks. SVB, like many other banks, had invested billions in US government bonds when interest rates were at near-zero and suffered losses when the Federal Reserve hiked them in a bid to curb inflation.

The failures of SVB and Signature Bank sent ripples across the entire US banking industry. Many other financial institutions have seen their stocks plunge, with the six largest Wall Street banks losing around $165 billion in market capitalization, or some 13% of their combined value. Last week, credit ratings agency Moody’s downgraded its outlook for the US banking system from ‘stable’ to ‘negative,’ citing the “rapidly deteriorating operating environment.”

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“..Ye offered Hunter $1 million to be his “private counsel” and flew to China, leaving his wife, daughter, son, mother, and nanny in his $50 million penthouse at 15 Central Park West. He was detained in Shanghai three months later and disappeared.”

Hunter Biden Used FBI Mole Named ‘One-eye’ To Tip Him Off To China Probes (NYP)

Hunter Biden had an FBI mole named “One-Eye” who tipped off his Chinese business partners that they were under investigation, according to an Israeli energy expert arrested in Cyprus last month on gunrunning charges. The House Oversight Committee is investigating the explosive claims by Dr. Gal Luft, a former Israel Defense Forces lieutenant colonel with deep intelligence ties in Washington and Beijing, who says he was arrested to stop him from revealing what he knows about the Biden family and FBI corruption — details he told the Department of Justice in 2019, which he says it ignored. Luft, 56, first made the claims on Feb. 18 on Twitter, after being detained at a Cyprus airport as he prepared to board a plane to Israel.

“I’ve been arrested in Cyprus on a politically motivated extradition request by the U.S. The U.S., claiming I’m an arms dealer. It would be funny if it weren’t tragic. I’ve never been an arms dealer. “DOJ is trying to bury me to protect Joe, Jim, and Hunter Biden. “Shall I name names?” Luft remains in jail awaiting extradition to the US over what he says are trumped-up charges of arms trafficking to China and Libya, and violations of the Foreign Agents Registration Act. Through his American lawyer, Robert Henoch, Luft said he tried four years ago to inform the DOJ that Chinese state-controlled energy company CEFC had paid $100,000 a month to President Biden’s son Hunter and $65,000 to Joe’s brother Jim, in exchange for their FBI connections and use of the Biden name to promote China’s Belt and Road Initiative around the world.

Luft learned about the scheme through his own relationship with Hunter’s Chinese business partners, Patrick Ho and Ye Jianming, the chairman of CEFC. From 2015 to 2018, Luft organized international energy conferences in partnership with Ho’s think tank, the nonprofit China Energy Fund Committee (CEFC-USA), a front organization for Ye’s CEFC. Ye confided to Luft that Hunter had an informant in the FBI “or formerly of the bureau, extremely well placed, who they paid lots of money to [provide] sealed law enforcement information,” says Henoch. The FBI mole was called “One-Eye.” “One-Eye” told Ye that the Southern District of New York was investigating him and/or Ho in late 2017, and that “an Asian, an African, and a Jewish guy” were named on a sealed indictment, says Henoch. Soon after that tipoff, Ye offered Hunter $1 million to be his “private counsel” and flew to China, leaving his wife, daughter, son, mother, and nanny in his $50 million penthouse at 15 Central Park West. He was detained in Shanghai three months later and disappeared.

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Kubrick

 

 


The giant Pacific octopus is the largest octopus in the world: the largest individual on record weighed an impressive 270 kg and measured 9 m across in length. Along with 8 arms, an octopus also has 3 hearts and 9 brains

 

 

Dead leaf

 

 


Every row, left to right:
Eastern box turtle
Pancake tortoise
Bell’s hingeback tortoise
Radiated tortoise
Florida box turtle
Burmese star tortoise
Spotted turtle
Bourret’s box turtle
European pond turtle

 

 

Owls
https://twitter.com/i/status/1638248451367399435

 

 


Jonathan is 189 years old

 

 


Jacanas are colorful water birds with long legs and incredibly long toes/claws. The super-long toes spread the bird’s weight over a large area. This allows them to walk across floating vegetation, especially lily pads. This is a baby Jacana

 

 

 

 

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Mar 292018
 
 March 29, 2018  Posted by at 9:33 am Finance Tagged with: , , , , , , , , , , , ,  Comments Off on Debt Rattle March 29 2018


Paul Gauguin The wave 1888

 

Trump Approval At 11-Month High – Will The Dollar Follow? (ZH)
Amazon Loses $53 Billion in Market Value, Becoming FAANG’s Biggest Loser (BBG)
Fed Mistakes Could Spark ‘Unusually Fast’ Bear Market (MW)
Tesla Bonds Are in Free Fall (BBG)
The New Warlord in the White House (Jacobin)
Skripals Poisoned From Front Door Of Salisbury Home, Police Say (G.)
May Considers Banning City Of London From Selling Russian Debt (G.)
Ecuador Cuts Off Julian Assange’s Internet Access At London Embassy (G.)
The Debt We Don’t Talk About (Vague)
The European Realistic Disobedience Front (WSJ)
Concern On Greek Islands As Hundreds Of Refugees Reach Lesbos (K.)
Greek President Vows Country Will Defend Itself Against Turkey (K.)
Guardian Pulls Greek Crisis Porn Holiday Package (KTG)

 

 

Stormy Daniels boosts Da Donald’s stats. What’s not to like?

Trump Approval At 11-Month High – Will The Dollar Follow? (ZH)

The last few days have seen a rapid rush to the ‘safe-haven’ dollar, stalling a seemingly non-stop drop in the world’s reserve currency.

Which raises the question, is the correlation between President Trump’s approval rating and ‘king dollar’ about to reignite?

President Trump’s approval rating has been rising since the start of the year, and the results from the most recent presidential job approval survey by CNN shows that Donald Trump is now at an 11-month high. Although he still has majority disapproval, 42% of respondents are currently giving him a thumbs up – the highest rate recorded by CNN since March 2017 where the president was on 44%. So how, during a time of seemingly endless scandals trying to burst their way into the public sphere, is Trump seemingly on the up? [..] Despite being criticized from some corners for his protectionist approach, Trump following through on his America First campaign promises is seemingly helping to win some voters back around. In many ways, the road ahead is looking far from smooth for the president, but having come through scandal and controversy relatively unscathed in the past, who knows where this current wave will lead.

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Just on rumors Trump doesn’t like them. Wait till he starts tweeting on the topic.

Amazon Loses $53 Billion in Market Value, Becoming FAANG’s Biggest Loser (BBG)

Move over, Facebook. U.S. investors have a new punching bag among the FAANGs: Amazon.com, Inc. Facebook Inc. gave up the top loser spot to Amazon.com, which lost $53 billion in market value on Wednesday after Axios reported that President Donald Trump is “obsessed” with regulating the e-commerce behemoth. The social media giant had previously underperformed the tech megacap group amid concern over the company’s handling of its users’ personal information. The FAANG stocks, once assumed to be a monolith of performance, have suffered degrees of decoupling recently, including the outperformance by Netflix Inc. earlier in the year.

Amazon.com fell as much as 7.4% Wednesday before paring some losses to close 4.4% lower after a Stifel Nicolaus & Co. analyst said the weakness created a buying opportunity. Facebook diverged from the group in early trading, rallying 0.5% after announcing it’s redesigning a menu of privacy settings in response to public outrage over the user data practices. Netflix was the second-biggest loser in the FAANG group of stocks, sliding 5% on the heels of the #DeleteNetflix campaign. “Netflix and Amazon haven’t really experienced the intense selling that Facebook did,” said Michael Antonelli, an institutional equity sales trader and managing director at Robert W. Baird & Co. “The ‘flu’ that Facebook got is now spreading to the others.”

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There’s only one real mistake here: the Fed itself.

Fed Mistakes Could Spark ‘Unusually Fast’ Bear Market (MW)

Uncertainty over trade policy may be the primary driver of the U.S. stock market at the moment, but the real policy risk facing equities could be coming from the Federal Reserve, with the potential downside a lot more pronounced than investors are currently anticipating. Last week, Fed Chairman Jerome Powell said the economic outlook had strengthened, but he painted a mixed picture about what policy might look like going forward. The U.S. central bank raised interest rates but indicated it would only do a total of three rate hikes in 2018, which some saw as a dovish signal given that a number of investors had expected four this year. However, the Fed pushed up its expected rate path in 2019 and 2020.

Barry Bannister, head of institutional equity strategy at Stifel, said it was a concern that the Fed’s view for 2019 and 2020 had grown more hawkish, which raised the risk of the central bank making a policy mistake. “What matters for investors is that any decline is likely to be unusually rapid and occur as a result of P/E compression, resulting from policy risks not weak GDP,” he wrote in a research report. “Investors need a bit more acrophobia, as our best model points to a bear market and lost decade for stocks.” Bannister argued the new Fed, under Powell, “wishes to fade the ‘Fed put,’” or the idea that the central bank would step in to prop up falling equity prices. “The cost may be a 16% P/E drop,” he wrote, referring to price-to-earnings, a popular measure of equity valuation.

The Fed is expected to regularly raise rates over the coming years, and some investors think it may hasten its pace of increases to rates in the event that inflation returns to the market in a more pronounced fashion. “Maybe it is not that the Fed has actually made an error, perhaps it is fear the Fed may make an error,” Stifel wrote (emphasis in original). “The late-2010s echo the late-1990s as ‘bookends’ for global imbalances. Unlike the yield curve inversion in [the first half of the 2000s] in anticipation of 2% inflation that led to an S&P 500 peak, investors may simply worry that the same outcome is possible in this cycle, causing equities to decline.”

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And now I can’t get that song out of my head anymore.

Tesla Bonds Are in Free Fall (BBG)

Elon Musk’s creditors are suddenly having a serious bout of buyer’s remorse. In August, they lined up for the chance to finance Tesla’s ambitious rollout of its Model 3 sedan. Wooed by Musk’s personal appeals, bond investors pretty much ignored the carmaker’s prolific cash burn and repeated failures to meet production targets and lent it $1.8 billion at record-low interest rates. But now, after a spate of fresh setbacks in the past week, including a fatal Tesla crash and a credit-rating downgrade, bondholders are asking hard questions about whether Musk can deliver on his bold promise to bring electric cars to the masses before the company runs out of cash. On Wednesday, Tesla’s notes plunged to a low of 86 cents on the dollar, the clearest sign yet creditors aren’t totally sure the company will be money good.

“It’s getting worse and worse every single day” for Tesla, said Bill Zox at Diamond Hill Investment Group. “That’s the nature of being in this negative feedback loop. Everyone is worried.” The consequences are significant. Tesla’s woes have played out most visibly in the stock market, with its shares suffering a two-day, 15% drop that’s the biggest since 2016. But surging borrowing costs, which are now near 8%, could hamper the carmaker’s ability to finance itself at a critical time. The company, which has never shown an annual profit in the 15 years since it was founded, will need to raise over $2 billion to cover not only its cash burn this year, but also about $1.2 billion of debt that comes due by 2019, Moody’s Investors Service analyst Bruce Clark said in a report Tuesday.

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One of a million pieces denouncing Bolton. Can’t we send Stormy Daniels to his hotel room?

The New Warlord in the White House (Jacobin)

There is no daylight between the ethos of a thug with a lead pipe shaking down a pedestrian for money and John Bolton, except that one has a J.D. from Yale. Bolton is particularly dangerous because he combines devotion to the ruthless exercise of power for American interests with a glassy-eyed faith in the durability of that same power. Anyone even remotely in touch with reality will have viewed the past two decades as a profound lesson in the limits of American military might — a fact that, ironically, helped Trump come to power. Not Bolton. Despite the ever worsening failure of the war he so desperately wished for, he has been heedlessly slavering for ever more destruction, still entranced by schoolboy myths about American power that the Right long ago turned into a near-evangelical worldview.

Unless Trump grows tired of Bolton’s mustache in record time, the Korean peninsula or the Middle East is very likely headed for war. Yet despite what Bolton thinks — and despite the Democrats’ abdication of this responsibility under Obama — a president cannot declare war without congressional authorization. The question is whether Congress will finally reassert this role under Trump or simply line up behind him. The good news is that Democrats are poised to make significant gains in this year’s midterms, including possibly retaking the House. The bad news is that if they do, they will do so with one of the most conservative and militaristic batch of new Democrats in modern memory.

Whatever happens, Bolton’s dismaying rise to power couldn’t have happened without the Reagan and Bush presidencies that liberals and centrists are now so eager to rehabilitate. Nor could it have happened without the many news outlets that have provided him a platform and legitimized him as a serious foreign policy thinker, instead of the deluded fanatic that he is. Perhaps this will spur some soul-searching, but let’s take things one day at a time.

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Yeah. No. This does it for me. They’re making it up one chapter at a time.

Skripals Poisoned From Front Door Of Salisbury Home, Police Say (G.)

Detectives investigating the attempted murders of Russian double agent Sergei Skripal and his daughter Yulia Skripal have said they believe the pair were poisoned with a nerve agent at the front door of his Salisbury home. Specialists investigating the poisoning of the the Skripals have found the highest concentration of the nerve agent on the front door at the address, police said. Counter-terrorism detectives will continue to focus their inquiries on the home address for the coming weeks, and possibly months, after the father and daughter were found unconscious on a park bench in Salisbury earlier this month.

Local police have retaken control of The Maltings shopping centre, where the Skripals were first discovered, and London Road cemetery from counter-terrorism detectives, where officers focused their investigation into the nerve agent attack in previous weeks. More than 130 people could have been exposed to the chemical weapon in the aftermath of the poisoning in Salisbury, which the UK government believes was committed by the Russian state. In response to the poisoning, more than 150 Russian officials have been expelled from more than 25 countries, and the UK government is considering further measures to punish Russia, including a ban on the City of London from selling Russian sovereign debt.

Public health experts are still working to establish whether the nerve agent attack presents a long term risks to Salisbury’s residents, which will receive a £1m support package from central government to help recover. Deputy assistant commissioner Dean Haydon, the senior national coordinator for counterterrorism policing, said: “At this point in our investigation, we believe the Skripals first came into contact with the nerve agent from their front door. “We are therefore focusing much of our efforts in and around their address. Those living in the Skripals’ neighbourhood can expect to see officers carrying out searches as part of this but I want to reassure them that the risk remains low and our searches are precautionary.”

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Translation: City tells May what to do.

May Considers Banning City Of London From Selling Russian Debt (G.)

Theresa May has agreed to look into imposing a ban on the City of London from helping Russia to sell its sovereign debt, which prop ups the Russian economy. Last month, City clearing houses, working alongside a major sanctioned Russian bank, helped issue $4bn (£2.83bn) of eurobonds to finance Russian sovereign debt, of which nearly half was sold in London markets. Nearly half the debt was bought by London-based investors, predominantly institutional investors. A loophole in EU and UK legislation has allowed sanctioned Russian banks, primarily VTB bank, to act as the main organisers – known as book runners – for the issuance of Russian debt.

A public call for the loophole to be closed has been made three times in the past week by the foreign affairs select committee chairman, Tom Tugendhat. On each occasion ministers seemed to be unaware of the issue, but the foreign secretary, Boris Johnson, last week described the idea as interesting. Speaking to the liaison committee of MPs on Tuesday, the prime minister said she would report back on the policy options. The foreign affairs select committee is setting up an inquiry into how the UK financially props up Vladimir Putin’s allies, and the measures the UK has taken to clamp down on corrupt Russian money in London.

Tugendhat has been briefed by a British research fellow at the Harvard Society of Fellows, Emile Simpson, who has argued Russia’s greatest weakness is its dependence on western investors. He contends a policy blindness leads the west to sanction individuals, and sometimes sectors, but not to look at sanctioning the Russian state as a whole. He said: “At present, Russia can borrow in EU and US capital markets despite western sanctions and then can support the sanctioned Kremlin-linked banks and energy companies that can no longer do so”. Tugendhat has proposed that Russian bond sales are no longer made available to key western clearing houses such as Euroclear and Clearstream, making them effectively untradeable on the secondary market and so deterring the majority of EU and US investors from buying them.

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Know why? Skripal.

Ecuador Cuts Off Julian Assange’s Internet Access At London Embassy (G.)

Ecuador has cut Julian Assange’s communications with the outside world from its London embassy, where the founder of the whistleblowing WikiLeaks website has been living for nearly six years. The Ecuadorian government said in statement that it had acted because Assange had breached “a written commitment made to the government at the end of 2017 not to issue messages that might interfere with other states”. It said Assange’s recent behaviour on social media “put at risk the good relations [Ecuador] maintains with the United Kingdom, with the other states of the European Union, and with other nations”. The move came after Assange tweeted on Monday challenging Britain’s accusation that Russia was responsible for the nerve agent poisoning of a Russian former double agent and his daughter in the English city of Salisbury earlier this month.

The WikiLeaks founder also questioned the decision by the UK and more than 20 other countries to retaliate against the poisoning by expelling Russian diplomats deemed spies. Assange has lived in the embassy since June 2012 to avoid extradition to Sweden over allegations of sex crimes he denies. Sweden has dropped the case but Assange remains subject to arrest in the UK for jumping bail and fears he will be extradited to the US for questioning about WikiLeaks’ activities if he leaves the embassy building.

[..] Assange’s comments on the nerve agent attack on double agent Sergei Skripal and his daughter Yulia prompted the British foreign office minister Alan Duncan to call him a “miserable little worm” during a Commons debate on Tuesday. Duncan said he should leave the embassy and surrender to British justice. Assange replied: “Britain should come clean on whether it intends to extradite me to the United States for publishing the truth and cease its ongoing violation of the UN rulings in this matter. “If it does this disgraceful impasse can be resolved tomorrow. I have already fully served any theoretical (I haven’t been charged) ‘bail violation’ whilst in prison and under house arrest. So why is there a warrant for my arrest?”

The former Greek finance minister, Yanis Varoufakis, and the music producer Brian Eno said in a statement they had heard “with great concern” about Assange’s lost internet access. “Only extraordinary pressure from the US and the Spanish governments can explain why Ecuador’s authorities should have taken such appalling steps in isolating Julian,” they pair said, adding Assange had only recently been granted citizenship. “Clearly, Ecuador’s government has been subjected to bullying over its decision to grant Julian asylum, support and ultimately, diplomatic status.”

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In the end, it’s simple.

The Debt We Don’t Talk About (Vague)

How do you know a major financial crisis is coming? Look for a spike in privately held debt, by households and corporations. That’s the argument of Richard Vague, author of The Next Economic Disaster: Why It’s Coming and How to Avoid It. Having worked for more than 30 years in consumer banking, Vague describes how he saw the build-up of private debt in the mortgage and credit card industries first hand–even though it’s an issue that neoclassical economists like Milton Friedman barely acknowledge. To avoid another crisis, Vague says firms and governments need to take debt forgiveness–the biblical “jubilee”–seriously. As he says, after the financial crisis “We helped the banks, we didn’t help the households.”

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We wish Yanis godspeed.

The European Realistic Disobedience Front (WSJ)

Yanis Varoufakis is back to rescue Greece and rock the European establishment again. Or so he hopes. On Monday night the flamboyant former finance minister, who enraged European authorities at the height of Greece’s debt crisis in 2015, launched his new Greek political party at a theater here. That year, his country bowed to strict austerity demands. Now his solution to Greece’s sky-high debt is the same as his unsuccessful push before: to show creditors who’s boss. If elected, he told the gathering of around 300 people, he will run looser budgets. Greek banks will be revived with public money. He will swap Greece’s bonds for new ones whose payments depend on economic growth.

These and other policies to end Greece’s “debt colony status” will be implemented on day one, he said. And this time, unlike in 2015, he vowed there will be no negotiation with Europe, no surrender. His party is called the European Realistic Disobedience Front. His refrain is that Europe’s establishment is unrealistic, not him. “When they start sending orders, they will receive strong disobedience,” he said. “They will have to bear the cost of defenestrating us from the euro, or accept our policies,” he said to warm applause.

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Here comes Merkel’s biggest nightmare. She deserves it. The refugees do not.

Concern On Greek Islands As Hundreds Of Refugees Reach Lesbos (K.)

Authorities on the Aegean islands were on standby on Wednesday after nearly 300 migrants reached Lesvos on eight boats following several days without new arrivals from neighboring Turkey. Apart from the 295 people who landed on Lesvos, another 50 migrants arrived on Kos. Sources at the Citizens’ Protection Ministry expressed concern about the spike in arrivals, noting that no boats reached the islands on Monday, when Turkish President Recep Tayyip Erdogan was meeting with European Union leaders in Varna, Bulgaria, for talks that touched on an EU-Turkey migration pact signed in March 2016. The diplomatic stance struck by Erdogan in Varna was in sharp contrast to a string of threats and hostile language against Greece last week. Ministry sources said the next few days would indicate whether the increase in arrivals represents a new trend or not.

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I’ve said it many times before: this risks getting terribly out of hand. He doesn’t mention Turkey by name of course.

Greek President Vows Country Will Defend Itself Against Turkey (K.)

President Prokopis Pavlopoulos on Wednesday sought to send another firm message to Ankara amid increasingly hostile rhetoric from across the Aegean as a Greek military readiness exercise got under way in the southern Aegean. “Greece will strongly support its borders and those of Europe,” Pavlopoulos said during a visit to the Salamina naval base, repeating that “there are no gray zones” in the Aegean. Defending “international legitimacy… is not simply our right, it is also our duty to the international community,” he said. The president, who was accompanied by Defense Minister Panos Kammenos, once again called on Turkey to respect international laws and treaties, noting that the only issue of dispute between the two countries relates to the delineation of the continental shelf.

Pavlopoulos said he observed the “readiness of the country’s navy to defend our national sovereignty and borders, and consequently the borders of the European Union.” Kammenos had ordered the one-day exercise, code-named Pyrpolitis (Fire-raiser), to be carried out in the Aegean, northwest of Rhodes, following a long meeting with military officials on Tuesday night, during which the recent activity of Turkish armed forces in the region was discussed. The exercise involved a Hellenic Navy frigate, assault and transport helicopters and a Zubr military hovercraft carrying members of the special forces, and also saw the participation of Hellenic Air Force planes.

The aim of the exercise was to test the readiness of Greek armed forces in a crisis scenario, such as the need to recapture an islet. It was completed successfully at the end of the day without any signs of Turkish transgressions of Greek air space or territorial waters. However, Turkey’s National Security Council issued a stern message on Wednesday, toward Greece as well as the European Union and US, declaring that it will not give up its claims in the Aegean, the Eastern Mediterranean and northern Syria, where Turkish troops have occupied Afrin.

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Well, that was fast… Did make a screenshot last night though.

Surprised? Neh… Some people are just so lost they will never be found.

Guardian Pulls Greek Crisis Porn Holiday Package (KTG)

The Guardian has taken down its Greece crisis-porn holiday package “Greece and the Euro” after a shitstorm on social media. Not only Greeks but also foreigners, among them many from UK, slammed the daily for offering a vacation tour to the debt-ridden country under the perspective meet the suffering Greeks at £2,500 for 7 days. The tour package was taken down sometime late on Wednesday evening. In a statement to Greek media correspondent in London, Thanassis Gavos, the Guardian said: “The Guardian has been working with Political Tours to provide informative trips to Greece and other countries for people who wish to develop their understanding of the political and social landscapes in these places. On reflection we have now paused this project in order to reconsider our approach. All Political Tours/Guardian packages to Greece, Bosnia, Ukraine have been removed from site.”

In other words what the daily says is we will find other ways, less obviously insulting to exploit the suffering of people in areas of economic crisis and wars in the future. In the company of journalists, including the daily’s correspondent in Athens, the happy but crisis conscious traveler will swill wine and then go visit Greek families who will unfold their daily drama in front of people they have never seen before and who have paid to listen to them. It is unknown whether the Greek crisis victims will get a small commission for being live witnesses of an 8-year-old economic crisis. NGOs on the island of Samos and the port of Piraeus will explain every facet of the Refugee Crisis and drama.

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