03/18/24

Permalink EU Pledges Billions of Euros for Egypt

The European Union announced a 7.4 billion euro ($8.1 billion) funding package and an upgraded relationship with Egypt on Sunday. | The agreement lifts the EU's relationship with Egypt to a "strategic partnership" and was unveiled as a delegation of leaders visited Cairo. It is designed to boost cooperation in areas including renewable energy, trade and security, while delivering grants, loans and other funding over the next three years to support Egypt's faltering economy.  The proposed funding includes 5 billion euros in concessional loans and 1.8 billion euros of investments, according to a summary published by the EU. Another 600 million euros would be provided in grants, including 200 million euros for managing migration.  Such deals were "the best way to address migratory flows", said Italian Prime Minister Giorgia Meloni, who travelled to Cairo alongside EU Commission President Ursula von der Leyen, the Greek, Austrian and Belgian prime ministers, and the Cypriot president.

Any forced displacement of Palestinians into Egypt ‘unacceptable,’ Greek premier says (Anadolu)


03/11/24

Permalink Did British insurance sink this ship?

Outdated information, tenuous links sealed this vessel’s fate | When the 19,000 gross ton bulk carrier MV Rubymar entered the Red Sea just a few weeks ago, the captain knew that the area was dangerous, but he also knew that the Houthi rebels were targeting UK and US owned ships. His vessel was Belize flagged, and Lebanese owned. His assessment was that the risks offered by the Houthis were worth avoiding the 3,000-6,000 mile detour offered by a trip around the Cape of Good Hope.  On February 18, two Houthi missiles hit the ship, forcing the entire crew to abandon the terminally stricken vessel. What the captain didn’t realize was that the ship had two British indicators linked to it - it was insured by Thomas Miller Specialty, a commercial managing general agency (MGA) which manages a GWP of over $1.6 billion writing a variety of niche and specialist lines of business, and that the ship’s Lebanese operator was inaccurately connected to a UK residential address in the Equasis public database. The Department for Transport criticized the attack, acknowledging Rubymar’s minimal connections to the UK.


03/06/24

Permalink Russia & China Plan Building Nuclear Power Plant on Moon

A number of countries have been jostling to return humans to the Moon, with Moscow and Beijing teaming up in 2022 to sign a memorandum of understanding on joint exploration of the celestial body. The sides also pledged to work together to build a base there by the 2030s. | Russia and China are mulling jointly building a lunar nuclear power plant, Yuri Borisov, the head of Russia’s space agency Roscosmos, said on Tuesday. [...] Harnessing the power of “nuclear space energy” could allow lunar settlements to be built, as solar panels would not be able to provide enough electricity to power such bases, he pointed out. [...] According to the Russian Federal Space Agency head, the technology required for the construction of such a lunar nuclear power plant is almost ready. Furthermore, Borisov weighed in on Russia’s plans to build a nuclear-powered cargo spaceship called Zevs (Zeus).


03/01/24

Permalink Russia to ban gasoline exports for 6 months, RBC daily reports

Russian Prime Minister Mikhail Mishustin has approved a ban on gasoline exports for six months starting from March 1, the RBC daily reported on Tuesday, citing two sources. | The temporary export ban does not apply to the agreed volumes of supplies to the Eurasian Economic Union countries, Mongolia, Uzbekistan, Abkhazia and South Ossetia, RBC said. Deputy Prime Minister Alexander Novak earlier addressed the prime minister with a proposal to introduce the temporary ban. In a letter dated Feb. 21, Novak noted that seasonal demand for the fuel will soon pick up in the domestic market.

Russia to BAN Gasoline Exports for 6 Months (Hal Turner) [...] Yet no one is blind to the fact that such an export ban will severely harm Western countries who are presently supporting Ukraine in its conflict with Russia. Russia can increase and decrease oil, gasoline, and Diesel fuel production at will because they have so much of it. Europe was still getting gasoline, albeit thru secondary sources. Now, they get nothing. Nothing.


02/29/24

Permalink Explosive Truth of US’ Nord Stream Sabotage Could ‘Destroy’ NATO

John Miles | NATO has always allowed the United States to control Europe’s military policy. Now it’s dictating its energy policy, too. | [...] Investigative journalist Dan Lazare joined Sputnik’s The Critical Hour program on Wednesday to comment on the US ally’s report.

💬 “It's just absolutely farcical,” said the iconoclastic author. “I don't know how much longer this can go on. I mean, Denmark investigated, came up with a conclusion, and everybody knows it was obviously sabotage – that was obvious from the very start. And [Denmark] refrains from pointing a finger at a likely culprit.”  “And the reason, of course, is the likeliest culprit – in fact, I'm 100% convinced that it is the culprit – is the United States,” he claimed. “But, Denmark, Sweden, everybody is afraid to say it. It's extraordinary.”

Sweden, likewise a US ally, ended its own investigation into the Nord Stream disaster earlier this month, also without commenting on the culprit of the sabotage. Lazare said the United States’ guilt is obvious, but frequently ignored in order to safeguard relations between the US and Europe. That dynamic is playing to the benefit of far-right parties across the continent who are the only ones willing to openly acknowledge the US role in the act, according to Lazare.

Sweden ends Nord Stream sabotage probe, hands evidence to Germany (aNews)[February 07,2024]
Seymour Hersh: A YEAR OF LYING ABOUT NORD STREAM (09/27/23)
Nord Stream Blast: Why the West Still Can't Name the Culprit (09/26/23)


Permalink Denmark Finds 'Deliberate Sabotage' of Nord Stream—But Ends Probe With No Charges

The country is the second U.S. ally in the past month to end an investigation into the pipeline explosions. | Denmark became the latest country to close its investigation into the underwater explosions that caused leaks in two pipelines that were built to carry gas from Russia to Germany, with authorities saying they had found that "there was deliberate sabotage" of the infrastructure but would not go further in their probe to confirm who was behind the blasts. [...] Since the gas leaks were discovered in September 2022, seven months after Russia invaded Ukraine, various observers have accused the two countries as well as the United States of being at fault.  The leaks—which experts said led to the single largest release of methane gas due to human activity—were discovered beneath the Baltic Sea, off the coast of the Danish island of Bornholm. Seismic institutes found that two explosions had occurred underwater just before the leaks were recorded.

Sweden ends Nord Stream sabotage probe, hands evidence to Germany (aNews)[February 07,2024]
Seymour Hersh: A YEAR OF LYING ABOUT NORD STREAM (09/27/23)
Nord Stream Blast: Why the West Still Can't Name the Culprit (09/26/23)


02/28/24

Permalink Energy Crisis: The Consequences of Saying No To Russia

EU Urges Continued Gas Conservation Amidst Energy Crisis | In a bid to navigate the ongoing energy crisis exacerbated by Russia's invasion of Ukraine, the European Commission has recommended that member states persist in their efforts to conserve gas supplies. The recommendation, awaiting approval by the Council of the EU, advises nations to uphold voluntary measures aimed at achieving a collective reduction in gas demand by 15 percent compared to the average demand recorded between April 2017 and March 2022.


02/27/24

Permalink Russia arrests billionaire, seizes illegally privatized companies

ChEMK, Kuznetsk Ferroalloys, and the Serov Ferroalloy Plant have all been transferred back to state ownership as the court ruled on the illegality of their privatization in the post-Soviet Union era. | Russian police in Chelyabinsk Region arrested Yury Antipov, who was listed in Forbes's latest Russian billionaires list, yesterday after a regional court seized three of his companies due to claimed irregularities with their privatization in the 1990s.  The local outlet 74.ru announced the arrest, citing a source in one of his companies, the Chelyabinsk electro-metallurgy combine (ChEMK), but Antipov's charges are still ambiguous.  Earlier in the day, a court in Sverdlovsk Region ruled that Antipov's companies were illegally privatized after the dismantling of the Soviet Union and issued an order for the transfer of his companies, ChEMK, Kuznetsk Ferroalloys, and the Serov Ferroalloy Plant back to state ownership.

Russia Implements Six-Month Ban on Gasoline Exports (novinite.com)


Permalink 'Israel' lied again, this time about the 'land bridge' from the UAE

The Israeli occupation is once again caught red-handed after it is shown that it was lying about its land bridge aimed at averting the Yemeni blockade on the Red Sea. | Israeli shipping and supply lines have been of utmost importance for the Resistance in Gaza, as its ports in Asdod and Askalan, key hubs for oil and armament imports, were struck as soon as the Israeli occupation started to bomb Gaza, forcing it to resort to the port of "Eilat", its southernmost settlement.  However, Yemen was not about to laisser vivre a colonialist entity massacring civilians in Gaza, as it imposed a blockade in the Red Sea, which meant the occupation could no longer receive shipments from the south; this was also accompanied by Yemeni strikes on the "Eilat" port, which to say added insult to injury would be an understatement. [...] An investigation by Mondoweiss found that just like "Israel" itself, the land bridge may be a sham in and of itself used by the occupying entity to assure their investors that it was all okay and that the economy was not completely crumbling.

Most UK exporters hit by Red Sea crisis – survey (RT.com)


02/26/24

Permalink The Third Economic Destruction of Germany

Theodore Robert Beale | The combination of financially backing the EU, supporting NATO’s Russian sanctions, the primitive Green agenda, and the importation of millions of economically net-negative immigrants has finally overwhelmed what was once one of the world’s great economic engines | The biggest lie that the neoliberal economists ever told was that immigration is good for the economy. While immigration can be good for the economy, such as when you’re replacing Native American nomads, African slaves, and Irish indentured servants with hard-working German immigrants, the 20th century movement of peoples has proven, beyond any shadow of a doubt, that replacing Northern Europeans with any other population is very, very bad for the economy in every sense of the term, including by the most basic GDP-per-capita metric.  To say that “immigration is good for GDP” is a literal tautology, because GDP increases with the addition of every single economic actor. Of course, it does with every dollar of debt too, and yet no one is dumb enough – a few professional neo-Keynesians aside – to claim that “debt is good for the economy”. But in both cases, the historical data proves – does not suggest, proves – that mass immigration is reliably very, very bad for an industrial economy.

Electricity, Heating, Fuel Costs in Germany Jump 41% in 3 Years - Reports (Sputnik News)


02/23/24

Permalink The Threat of Financial Transaction Control

Catherine Austin Fitts | The U.S. Federal Reserve and its central banking allies are engineering unprecedented changes in the financial system. How do we know this? Because they speak openly about what they intend to do. | I want to show you three 1-minute videos today that describe the vision of total central control currently being implemented by the central banks.  The first is a clip from an IMF panel in October 2020. The speaker is Agustín Carstens, the general manager of the Bank for International Settlements (BIS) in Basel, Switzerland. The BIS is the central bank of central banks, which enjoys the powers of sovereign immunity. The Federal Reserve is one of 63 central banks which are BIS members, including the Bank of England, the European Central Bank, and the Bank of China. In this clip, Mr. Carstens is describing the nature of central bank digital currency or CBDC. The BIS is leading a global effort to implement CBDC, including a partnership with the Federal Reserve. Let’s see what Mr. Carstens says about where he hopes our money is going.


02/22/24

Permalink 'Germany is Doomed': MEP Paints Unflattering Picture of Berlin's Economic Prospects

Germany's policies implemented in the wake of the Ukrainian conflict escalation in February 2022 translated into serious losses for the German economy. | Under the leadership of Chancellor Olaf Scholz and his government, Germany did its best to sever itself from cheap Russian energy and to cut all economic ties with Russia regardless of how beneficial they were to the German economy.  The shutdown of the last three German nuclear power plants in 2023 was unsurprisingly followed by it ceasing to be a power exporter and becoming a power importer instead, even as Scholz boasted that his country is done with nuclear power generation. [...] In the meantime, it appears that Germany is importing as much gas from Russia as it was before February 2022, albeit in a much more costly way, said Dr Gunnar Beck, member of the European Parliament for the rightwing Alternative for Germany (AfD) party.

💬 “The difference is that Europe is now importing Russian gas via third countries to disguise the origin of the gas. So they can pretend that they've reduced gas supplies from Russia, and they are honoring the sanctions, but they just continue as they did before by importing that same gas through third countries. And it's been officially declared to be gas from other sources,” he explained.


02/21/24

Permalink Israeli economy plunges almost 20% as Gaza war takes heavy toll

Israel's economy shrank by far more than expected in the final quarter of last year in the wake of the war on the besieged Gaza Strip, marking sharpest contraction since the pandemic. | Israel’s Central Bureau of Statistics said in a statement that economy plunged 19.4% in the final three months of 2023, as significant resources were diverted to the regime’s military engagement in the war on the coastal sliver. That is the equivalent of a fall of 5% between October and December.  According to British daily business newspaper the Financial Times, the significant downturn in Israel’s economy was partially due to mobilizing 300,000 reservists, who abandoned their jobs and businesses for extended presence in the military.  Other factors involved the Tel Aviv regime’s funding housing for over 120,000 settlers, who left the northern and southern regions of the 1948-occupied territories close to the border with the Gaza Strip.


02/15/24

Permalink UK Economy Plunges into Recession!

Preliminary figures released by the Office for National Statistics (ONS) have revealed that the British economy has officially entered a recession in the latter half of 2023. The grim data indicates a contraction in GDP for two consecutive quarters, marking what economists term as a "technical recession." | According to the ONS, Britain's GDP experienced a decline of 0.3 percent in the final quarter of 2023, following a 0.1 percent contraction in the preceding July-September period. These consecutive quarterly declines have sounded alarm bells, signaling the onset of economic recessionary conditions.  The downturn was widespread across key sectors of the economy, with industrial production plummeting by 1% in the fourth quarter, construction contracting by 1.3%, and the services sector, a traditional engine of economic growth, witnessing a 0.2 percent decline. Notably, the decline in the services sector was primarily driven by a notable drop in wholesale and retail trade, which contracted by 0.6 percent.


02/14/24

Permalink Top European bankers have secret club – FT

The Institut International d’Etudes Bancaires was set up in the aftermath of World War II to foster closer ties among financial institutions | For more than seven decades, a secretive and highly influential organization has been bringing together the heads of Europe’s largest banks twice a year at luxury hotels and royal palaces across the continent to discuss global policymaking among other issues, according to a report by the Financial Times on Monday. The article highlighted that the existence of the Institut International d’Etudes Bancaires (IIEB) is barely known outside its membership while the group has no website and its meeting agendas are not made public. Members are reportedly discouraged from sharing details of the discussions.

Inside Europe’s most secretive gilded banking society (Financial Review)


02/07/24

Permalink Journalist Hersh sees Germany in turmoil since Nord Stream sabotage

The American fear was that German Chancellor Olaf Scholz might let the Russian gas flow, easing German economic worries, he wrote | Germany has been in economic and political turmoil since the Nord Stream natural gas pipelines were blown up, US investigative journalist and Pulitzer Prize winner Seymour Hersh opined in his blog on Substack. 💬 "The American fear was that [German] Chancellor [Olaf] Scholz [...] might [...] let the [Russian] gas flow, easing German economic worries and reinstating an important energy force for German industry [following the sabotage on the Nord Streams]. That would not be allowed to happen, and Germany has been in economic and political turmoil since," he wrote.  On September 27, 2022, Nord Stream AG reported "unprecedented damage" on three strings of the offshore gas pipelines of the Nord Stream system. Later, Swedish seismologists said they had identified two explosions on the route of the Nord Stream pipelines on September 26, 2022. Following the incident, the Russian prosecutor general’s office opened a case on charges of international terrorism.  On February 8, 2023, Hersh wrote that, in June 2022, with assistance from Norwegian experts, the Navy divers planted the remotely triggered explosives that, three months later, destroyed three of the four Nord Stream pipelines. Later, The New York Times reported, citing US officials, that the sabotage on the gas pipelines could have been carried out by a certain "pro-Ukrainian group" that acted without the knowledge of the US authorities.

Seymour Hersh: A YEAR OF LYING ABOUT NORD STREAM (09/27/23)
Nord Stream Blast: Why the West Still Can't Name the Culprit (09/26/23)


01/27/24

Permalink The rising cost of living is taking a toll on countless people across Europe


Permalink Houthi Naval Forces Strike British Oil Ship in Gulf of Aden - Military Spokesman

Naval forces of the Houthi movement in Yemen attacked a British oil ship in the Gulf of Aden on Friday, and the vessel caught fire after it was hit by a missile, Houthi military spokesman Yahya Saree said. 💬 "Yemeni naval forces carried out a targeting operation on the British oil ship (MARLIN LUANDA) In the Gulf of Aden, using a number of appropriate naval missiles, the strike was direct, and resulted the burning of the vessel," the spokesman wrote on his Telegram channel. The tanker Marlin Luanda operated by the freight company Trafigura from Denmark has deployed firefighting equipment to suppress a fire reportedly caused by a Houthi missile when the ship was crossing the Gulf of Aden, the company said in a statement to Sputnik.

CREW ABANDONS SHIP -- SINKING . . .REPORTS: British Oil Tanker Hit By Yemen; "Massive Fire, Sinking" (Hal Turner)
Houthis attack U.S. warship, strike British tanker (Long War Journal)

[ Houthis attack tanker carrying Russian oil product – reports (RT.com)]


01/26/24

Permalink French fury: Farmers sowing seeds of revolution against elites in Paris

Rachel Marsden | Brussels’ diktat on climate change and support for Ukraine is seen as more important than the people who actually feed the country | The French government is scrambling to get a whole lot of tractors off the nation’s major highways. Good luck with that when 89% of French citizens back the protesting farmers, according to a new Odoxa poll.  France is joining a movement that now encompasses nearly 20% of the EU, with farmers in five of the bloc’s 27 countries convoying and blockading major roads. Farmers in Poland, Romania, Germany, and the Netherlands have now been joined by their counterparts from the country virtually synonymous with revolution. And one particular incident here in France has just shifted the nascent movement into overdrive.


01/21/24

Permalink Straight Out of the Loony Bin: WEF Member Calls for Farming to Be ‘Serious Crime,’ Equal to ‘Genocide’

A speaker at the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland has called on globalist elites to push for farming to be labeled a “serious crime.” | Speaking from the WEF’s summit at the luxury Swiss ski resort, “Stop Ecocide Now” founder Jojo Mehta argued that fishing and framing should be considered equal to “genocide.” Mehta insisted that fishing and farming for food should be a “serious crime” while arguing that it is immoral to make money from these industries. “We have this cultural, very ingrained habit of not taking damage to nature as seriously as we take damage to people or property,” she told world leaders, bureaucrats, and corporate elites at the event. She continued by claiming that farming, fishing, and presumably hunting, are “mass damage and destruction of nature.”

Klaus Schwab: ‘All Humans’ Will ‘Have Implant in Their Brains 10 Years from Now’ (NewsAddict)


01/19/24

Permalink Yemen Ensures Safe Passage for Int’l Ships, Vows More Ops attacks on “Israeli” Vessels

Yemen's Ansarullah resistance movement has promised a safe passage for international ships sailing in the Red Sea as the country’s armed forces ramp up their retaliatory operations on “Israeli”-owned and -bound vessels in support of Palestinians in the besieged Gaza Strip. | Mohammad al-Bakhiti, a member of Ansarullah’s politburo, made the statement in an interview published by the Russian daily Izvestia on Friday and said the Red Sea was safe so long as ships transiting the strategic waterway were not linked to “Israel”. 💬 “As far as ships from all other countries, including Russia and China, are concerned, their navigation in the region is not under any threat whatsoever,” al-Bakhiti said, noting that “Moreover, we are ready to ensure the safe passage of their ships in the Red Sea, because free navigation plays a significant role for our country.”  Stressing those operations on vessels “in any way connected with ‘Israel’” will continue, he added, “Ansarullah does not pursue the goal of capturing or sinking this or that sea vessel. Our goal is to raise the economic costs" for the “Israeli” entity "in order to stop the carnage in Gaza.”

The Houthis announce the targeting of an American ship in the Gulf of Aden (Teller Report/Al Jazeera)
Armed Forces announce targeting American ship "Kim Ranger" (Yemen News Agency)
Yemeni Army Targets Another US Ship in Fresh Pro-Palestinian Strike (Alahed News)


01/16/24

Permalink Houthis Confirm Missile Strike at US-owned Ship in Gulf of Aden - Spokesman

The Houthis in Yemen on Monday confirmed that its missile hit a US-owned ship in the Gulf of Aden, the movement’s military spokesman Yahya Saria said. | Earlier in the day, the US Central Command (CENTCOM) said that the US-owned and operated container ship has been hit by a missile fired from the Houthi-controlled areas of Yemen. 💬 "The Yemeni navy conducted an operation against a US ship in the Gulf of Aden. During the operation, several anti-ship missiles were used, which directly hit the target," the spokesman said on air of the Houthi-controlled Al-Masirah broadcaster.

US, UK forces can no longer pass through Bab el-Mandeb Strait: Yemeni official (PressTV)
Yemen Announces Targeting A US Ship with Ballistic Missiles (Alahed News)


01/09/24

Permalink Israeli regime's tourism activity down by 80% due to Gaza war

The number of incoming tourists to the Israeli-occupied Palestinian territories has fallen by 80% because of the war in the Gaza Strip. | Tourism in Israeli-occupied Palestinian territories fell by 80% in the last three months of 2023, due to the war in the Gaza Strip and the cancellation of the majority of flights to and from Tel Aviv, according to a report by the Calcalist website.  According to the report by this Israeli daily business newspaper, the number of tourists to the occupied lands has decreased to 180,000 in the last quarter of 2023. In December 2023 and the Christmas holidays, the number of incoming tourists to the Israeli-occupied Palestinian territories was only 53,000, which shows an 80% decrease compared to December 2022 when the number of incoming tourists to the region was 226,000.  The Israel Ministry of Tourism predicted the arrival of about 900,000 foreign tourists for the last quarter of 2023. Since October 7, 2023, the Zionist regime has conducted relentless air and ground attacks on the Gaza Strip.


01/08/24

Permalink Poland covered up for Nord Stream attackers – WSJ

Warsaw fed “disinformation” to investigators and tried to blame the blasts on Russia, European officials have said | Polish officials withheld evidence and attempted to stall an international probe into the bombing of the Nord Stream gas pipelines, making investigators “suspicious of Warsaw’s role and motives,” the Wall Street Journal reported on Monday.  The Nord Stream 1 and Nord Stream 2 gas lines – which linked Russia with Germany under the Baltic Sea – were destroyed in a series of explosions near the Danish island of Bornholm in September 2022. A joint inquiry by Germany, Denmark, and Sweden is ongoing, with investigators theorizing that a Ukrainian team rented a yacht in Germany from a Polish company, which they used to transport explosives to the blast sites.  When the investigators chased these leads in Poland, they found themselves stonewalled by government officials and law enforcement agents, the Journal reported, citing sources within the investigation.

New Polish Chapter in CIA’s Nord Stream Cover Story Signals Growing US-EU Split (Sputnik News)


01/07/24

Permalink No Israeli ships or those heading to its ports will pass through Red Sea: Yemen

Yemen has vowed to continue to prevent the passage through the Red Sea of all ships that are owned by Israel or heading to the regime's ports as long as the ongoing genocidal war on the besieged Gaza Strip goes on. | "We affirm that no Israeli ships or [ships] linked to it or heading to its ports [in the occupied territories] will pass [through the Red Sea], and we are serious about that," Mahdi al-Mashat, the head of Yemen's Supreme Political Council, said on Saturday.

💬 "Our armed forces are the guardian of the Red Sea and behind them are 40 million fighters from our people ready and present for confrontation," Mashat said, adding, “We will continue to prevent [the passage of] Israeli ships or those heading to the Zionist entity's ports, and we will not stop until the aggression and siege of Gaza stops.” "Preventing the navigation of the Zionist enemy is a Yemeni choice to impose peace and [ensure] a dignified life for [Palestinian] people in Gaza," he added.

The Yemeni official stated,

💬 "If the United States is committed to protecting the Israeli enemy, then we affirm that we are committed to protecting and supporting our brothers in Gaza and are ready for all possibilities, and all options are available."


China-owned shipping giant halts trips to 'Israel' amid Red Sea ops. (Al Mayadeen)


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