Aug 262021
 
 August 26, 2021  Posted by at 9:21 am Finance Tagged with: , , , , , , ,  83 Responses »


Vasily Polenov Christ among the teachers (doctors) 1896

 

67% Of UK Covid-19 Deaths Since February 2021 Were Vaccinated (DE)
McCullough: ‘The Vaccines Are Failing’ (CHD)
2 Things MSM Didn’t Tell You About FDA’s Approval of Pfizer Vaccine (CHD)
Comparing SARS-CoV-2 Natural Immunity To Vaccine-induced Immunity (Medrxiv)
Safety of the BNT162b2 mRNA Covid-19 Vaccine in a Nationwide Setting (NEJM)
Real-World Study Links Pfizer Vax to High Risk of Myocarditis (MPT)
Delta Will Charge Unvaccinated Employees $200 Per Month For Health Plan (AP)
Texas Gov. Greg Abbott Bans Covid-19 Vaccine Mandates (TT)
New Zealand Could Be Split Into North And South Island Bubbles (G.)
Origins of SARS-CoV-2: Window Is Closing For Key Scientific Studies (Nature)
Early Wuhan COVID Samples Contained Genetically Modified Viruses (ET)
Tucker Carlson Warns “Elitist Dems” Want You To “Shut Up And Obey” (SN)
“I Was Living Like Scarface” (MPN)
“Leftie” Is Now A Slur In Working-Class Towns (G.)

 

 

 

 

 

 

 

 

 

 

Comment on the same Public Health England (PHE) briefing the Daily Sceptic addressed yesterday, saying “Calculating the vaccine effectiveness against Delta infection in the over-50s [..] gives a figure of just 15%..”

67% Of UK Covid-19 Deaths Since February 2021 Were Vaccinated (DE)

The latest Public Health England report on Covid-19 infections, hospitalisations, and deaths show that the Covid-19 injections do not work, and quite possibly make the recipient worse if exposed to the alleged Covid-19 virus due to the fully vaccinated population accounting for 21% of all infections but 58% of all Covid-19 deaths. PHE release a technical briefing on Covid-19 variants of concern every two weeks, and the 21st update released on the 20th August 2021 provides further proof; just as previous reports have, that the Covid-19 vaccines are in fact increasing the risk of hospitalisation and death, rather than reducing it by the 95% claimed by the vaccine manufacturers.

According to the report since the 1st February 2021 and the 15th August 2021 there have been 183,133 confirmed cases among the unvaccinated population, an increase of 32,079 on the last count made in the previous report where the confirmed figure was 151,054 up to the 2nd August 2021. There have also been 26,194 confirmed cases among people who had received a single dose of a Covid-19 vaccine, 21 days prior to their positive test, an increase of 2,176 on the last count made in the previous report where the confirmed figure was 24,018 up to the 2nd August 2021.

Confirmed cases among people who had received a single dose of a Covid-19 vaccine more than 21 days prior to their positive test total 62,763 up to the 15th August 2021. This is an increase of 17,674 on the previous report where the confirmed figure was 46,089 up to the 2nd August 2021. Finally, the latest report reveals that there have been 73,372 confirmed cases of the Delta Covid-19 variant among the fully vaccinated population, an increase of 26,364 on the last count made in the previous report where the confirmed figure was 47,008 up to the 2nd August 2021.

Read more …

Are we getting McCullough overkill?

McCullough: ‘The Vaccines Are Failing’ (CHD)

Why is the world experiencing such a “prominent outbreak” of the Delta variant when so many people have been vaccinated? Cardiologist Dr. Peter McCullough addressed those questions and more on the “RFK Jr. The Defender Podcast.” New research shows people who are vaccinated against COVID are more susceptible to the Delta variant, said McCullough, pointing to a pre-print study by the prestigious Oxford University Clinical Research Group published Aug. 10 in The Lancet. The paper’s authors demonstrated widespread vaccine failure and transmission under tightly controlled circumstances in a hospital lockdown in Ho Chi Minh City, Viet Nam. The study found vaccinated people carry 251 times the load of COVID-19 viruses in their nostrils compared to the unvaccinated, the study found.

“They had an outbreak and they locked down the hospital where the workers could not get out,” said McCullough. “They were assiduously checking the workers and testing them for COVID, as well as doing sequencing.” The researchers found workers were still getting COVID during the lockdown period, said McCullough, and they were passing it to one another. The study’s big finding is their calculation of viral load, McCullough said: “This group had actually calculated viral load from oral and nasal secretions in the past. The viral load was 251 times that of the previous unvaccinated era where they had used the same methodology. So, they had previous workers and patients who had COVID-19 before any exposure to the vaccines. And now the vaccinated were carrying a massive viral load and passing it to one another.”

The efficacy for the Pfizer vaccine is measured as being anywhere from 17% to 42% effective. “These levels are far below the 50% regulatory standard to even have a vaccine on the market,” said McCullough. Regardless of the variant or the vaccine, McCullough said the bottom line is that “the vaccines are failing.”

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“If it doesn’t say Comirnaty, you have not been offered an approved vaccine.”

2 Things MSM Didn’t Tell You About FDA’s Approval of Pfizer Vaccine (CHD)

Monday, the U.S. Food and Drug Administration (FDA) approved a biologics license application for the Pfizer Comirnaty vaccine. The press reported that vaccine mandates are now legal for military, healthcare workers, college students and employees in many industries. New York City Mayor Bill de Blasio has now required the vaccine for all teachers and school staff. The Pentagon is proceeding with its mandate for all military service members.

[..] First, the FDA acknowledges that while Pfizer has “insufficient stocks” of the newly licensed Comirnaty vaccine available, there is “a significant amount” of the Pfizer-BioNTech COVID vaccine — produced under Emergency Use Authorization (EUA) — still available for use. The FDA decrees that the Pfizer-BioNTech vaccine under the EUA should remain unlicensed but can be used “interchangeably” (page 2, footnote 8) with the newly licensed Comirnaty product. Second, the FDA pointed out that the licensed Pfizer Comirnaty vaccine and the existing, EUA Pfizer vaccine are “legally distinct,” but proclaims that their differences do not “impact safety or effectiveness.”

[..] EUA products are experimental under U.S. law. Both the Nuremberg Code and federal regulations provide that no one can force a human being to participate in this experiment. Under 21 U.S. Code Sec.360bbb-3(e)(1)(A)(ii)(III), “authorization for medical products for use in emergencies,” it is unlawful to deny someone a job or an education because they refuse to be an experimental subject. Instead, potential recipients have an absolute right to refuse EUA vaccines. U.S. laws, however, permit employers and schools to require students and workers to take licensed vaccines. EUA-approved COVID vaccines have an extraordinary liability shield under the 2005 Public Readiness and Preparedness Act. [..] At least for the moment, the Pfizer Comirnaty vaccine has no liability shield. Vials of the branded product, which say “Comirnaty” on the label, are subject to the same product liability laws as other U.S. products.

When the Centers for Disease Control and Prevention’s (CDC) Advisory Committee for Immunization Practices places a vaccine on the mandatory schedule, a childhood vaccine benefits from a generous retinue of liability protections. But licensed adult vaccines, including the new Comirnaty, do not enjoy any liability shield. Just as with Ford’s exploding Pinto, or Monsanto’s herbicide Roundup, people injured by the Comirnaty vaccine could potentially sue for damages. And because adults injured by the vaccine will be able to show that the manufacturer knew of the problems with the product, jury awards could be astronomical.

Pfizer is therefore unlikely to allow any American to take a Comirnaty vaccine until it can somehow arrange immunity for this product. Here’s what you need to know when somebody orders you to get the vaccine: Ask to see the vial. If it says “Comirnaty,” it’s a licensed product. If it says “Pfizer-BioNTech,” it’s an experimental product, and under 21 U.S. Code 360bbb, you have the right to refuse. If it comes from Moderna or Johnson & Johnson (marketed as Janssen), you have the right to refuse. The FDA is playing bait and switch with the American public — but we don’t have to play along. If it doesn’t say Comirnaty, you have not been offered an approved vaccine.

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Vaccinated people are 13x more likely to get infected than those with natural immunity.

Comparing SARS-CoV-2 Natural Immunity To Vaccine-induced Immunity (Medrxiv)

Reports of waning vaccine-induced immunity against COVID-19 have begun to surface. With that, the comparable long-term protection conferred by previous infection with SARS-CoV-2 remains unclear. Methods: We conducted a retrospective observational study comparing three groups: (1)SARS-CoV-2-naive individuals who received a two-dose regimen of the BioNTech/Pfizer mRNA BNT162b2 vaccine, (2)previously infected individuals who have not been vaccinated, and (3)previously infected and single dose vaccinated individuals. Three multivariate logistic regression models were applied. In all models we evaluated four outcomes: SARS-CoV-2 infection, symptomatic disease, COVID-19-related hospitalization and death.


The follow-up period of June 1 to August 14, 2021, when the Delta variant was dominant in Israel. Results: SARS-CoV-2-naive vaccinees had a 13.06-fold (95% CI, 8.08 to 21.11) increased risk for breakthrough infection with the Delta variant compared to those previously infected, when the first event (infection or vaccination) occurred during January and February of 2021. The increased risk was significant (P<0.001) for symptomatic disease as well. When allowing the infection to occur at any time before vaccination (from March 2020 to February 2021), evidence of waning natural immunity was demonstrated, though SARS-CoV-2 naive vaccinees had a 5.96-fold (95% CI, 4.85 to 7.33) increased risk for breakthrough infection and a 7.13-fold (95% CI, 5.51 to 9.21) increased risk for symptomatic disease.

SARS-CoV-2-naive vaccinees were also at a greater risk for COVID-19-related-hospitalizations compared to those that were previously infected. Conclusions: This study demonstrated that natural immunity confers longer lasting and stronger protection against infection, symptomatic disease and hospitalization caused by the Delta variant of SARS-CoV-2, compared to the BNT162b2 two-dose vaccine-induced immunity.

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New England Journal of Medicine. Israel study. Drowning in numbers.

“Vaccination was most strongly associated with an elevated risk of myocarditis, lymphadenopathy, appendicitis, and herpes zoster infection”

Safety of the BNT162b2 mRNA Covid-19 Vaccine in a Nationwide Setting (NEJM)

Table S6 shows the effect of SARS-CoV-2 infection on the incidence of various adverse events. Infection substantially increased the risk of many different adverse events, including myocarditis (risk ratio, 18.28; 95% CI, 3.95 to 25.12; risk difference, 11.0 events per 100,000 persons; 95% CI, 5.6 to 15.8), acute kidney injury (risk ratio, 14.83; 95% CI, 9.24 to 28.75; risk difference, 125.4 events per 100,000 persons; 95% CI, 107.0 to 142.6), pulmonary embolism (risk ratio, 12.14; 95% CI, 6.89 to 29.20; risk difference, 61.7 events per 100,000 persons; 95% CI, 48.5 to 75.4), intracranial hemorrhage (risk ratio, 6.89; 95% CI, 1.90 to 19.16; risk difference, 7.6 events per 100,000 persons;


95% CI, 2.7 to 12.6), pericarditis (risk ratio, 5.39; 95% CI, 2.22 to 23.58; risk difference, 10.9 events per 100,000 persons; 95% CI, 4.9 to 16.9), myocardial infarction (risk ratio, 4.47; 95% CI, 2.47 to 9.95; risk difference, 25.1 events per 100,000 persons; 95% CI, 16.2 to 33.9), deep-vein thrombosis (risk ratio, 3.78; 95% CI, 2.50 to 6.59; risk difference, 43.0 events per 100,000 persons; 95% CI, 29.9 to 56.6), and arrhythmia (risk ratio, 3.83; 95% CI, 3.07 to 4.95; risk difference, 166.1 events per 100,000 persons; 95% CI, 139.6 to 193.2).

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About that same Israel study.

Real-World Study Links Pfizer Vax to High Risk of Myocarditis (MPT)

The Pfizer COVID-19 mRNA vaccine was found to be associated with a threefold increased risk of myocarditis, according to a real-world case-control study from Israel. Vaccination had a strong association with an increased risk of myocarditis (risk ratio [RR] 3.24, 95% CI 1.55-12.44), as well as increased risks of lymphadenopathy (RR 2.43, 95% CI 2.05-2.78), appendicitis (RR 1.40, 95% CI 1.02-2.01), and herpes zoster infection (RR 1.43, 95% CI 1.20-1.73), reported Ran Balicer, MD, of Clalit Health Services in Tel Aviv, and colleagues.

However, in a separate cohort, infection with SARS-CoV-2 was associated with a higher risk of myocarditis (RR 18.28, 95% CI 3.95-25.12), as well as other cardiovascular complications, including acute kidney injury (RR 14.83, 95% CI 9.24-28.75), pulmonary embolism (RR 12.14, 95% CI 6.89-29.20), and intracranial hemorrhage (RR 6.89, 95% CI 1.90-19.16), the authors wrote in the New England Journal of Medicine. They noted that vaccination was “substantially protective” against anemia, acute kidney injury, intracranial hemorrhage, and lymphopenia. Balicer’s group examined data from the largest healthcare organization in Israel to compare incidence of adverse events among vaccinated individuals versus unvaccinated individuals, and estimated the effects of SARS-CoV-2 infection on these adverse events.

Participants in the vaccination cohorts were 16 years old and older, had been in the health organization for a full year, had no prior COVID-19 infection, and had no contact with the healthcare system in the last 7 days. Notably, populations with confounders, such as healthcare workers, long-term care facility residents, or people confined to their home for medical reasons, were excluded.

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As vaccinated people are 13x more likely to get infected than those with natural immunity. Logos.

Delta Will Charge Unvaccinated Employees $200 Per Month For Health Plan (AP)

Delta Air Lines will charge employees on the company health plan $200 a month if they fail to get vaccinated against COVID-19, a policy the airline’s top executive says is necessary because the average hospital stay for the virus costs the airline $50,000. CEO Ed Bastian said that all employees who have been hospitalized for the virus in recent weeks were not fully vaccinated. The airline said Wednesday that it also will stop extending pay protection to unvaccinated workers who contract COVID-19 on Sept. 30, and will require unvaccinated workers to be tested weekly beginning Sept. 12, although Delta will cover the cost. They will have to wear masks in all indoor company settings.

Delta stopped short of matching United Airlines, which will require employees to be vaccinated starting Sept. 27 or face termination. However, the $200 monthly surcharge, which starts in November, may have the same effect. “This surcharge will be necessary to address the financial risk the decision to not vaccinate is creating for our company,” Bastian said in a memo to employees. The surcharge will only apply to employees who don’t get vaccinated and won’t be levied for spouses or dependents, a Delta spokeswoman said. [..] Bastian said that 75% of Delta employees are vaccinated, up from 72% in mid-July. He said the aggressiveness of the leading strain of the virus “means we need to get many more of our people vaccinated, and as close to 100% as possible.”

“I know some of you may be taking a wait-and-see approach or waiting for full (Food and Drug Administration) approval,” he told employees. “With this week’s announcement that the FDA has granted full approval for the Pfizer vaccine, the time for you to get vaccinated is now.” A growing number of companies including Chevron Corp. and drugstore chain CVS announced they will require workers to get vaccinated after Monday’s FDA decision. United and Delta already require new hires to be vaccinated. Two smaller carriers, Hawaiian and Frontier, have said they will require either vaccination or regular testing for current employees. Other major U.S. airlines, including American and Southwest, said Wednesday that they are encouraging employees to get vaccinated but have not required it.

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“Vaccine requirements and exemptions have historically been determined by the legislature, and their involvement is particularly important to avoid a patchwork of vaccine mandates across Texas..”

Texas Gov. Greg Abbott Bans Covid-19 Vaccine Mandates (TT)

Gov. Greg Abbott on Wednesday announced an executive order banning COVID-19 vaccine mandates regardless of a vaccine’s approval status with the U.S. Food and Drug Administration. He also said he was adding the issue to the agenda for the current special session of the Texas Legislature. The order comes two days after the FDA granted full approval to the Pfizer vaccine. That raised questions about the fate of a previous Abbott order that prohibited vaccine mandates, but only for those under emergency authorization. Abbott’s latest order is simple, saying “no governmental entity can compel any individual to receive a COVID-19 vaccine.” The order preserves exceptions for places like nursing homes and state-supported living centers.

At the same time, Abbott asked lawmakers to consider legislation addressing whether state or local governments could issue vaccine mandates and, if so, which exemptions should apply. “Vaccine requirements and exemptions have historically been determined by the legislature, and their involvement is particularly important to avoid a patchwork of vaccine mandates across Texas,” Abbott said in a statement. Lawmakers are currently in their second special session, and time is limited to make progress on the 17-item agenda that Abbott previously announced. The House finally restored quorum last week after Democrats staged a nearly six-week protest of the GOP’s elections bill, and the current session is set to end Sept. 5.

Abbott’s last order regarding vaccine requirements, issued July 29, said “no governmental entity can compel any individual to receive a COVID-19 vaccine administered under an emergency use authorization.” While there is a new state law that acted as a backstop for Abbott’s previous order if a vaccine received full approval, it was not as sweeping as the order and left the door open to new mandates. There specifically appeared to be the fresh potential for cities, counties and school districts to require their employees to get vaccinated against COVID-19. San Antonio Independent School District had already announced mandatory employee vaccinations, prompting a lawsuit from Attorney General Ken Paxton. District officials said Wednesday they will move forward with the mandate — despite Abbott’s latest order.

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Says the “Covid modeller”. Get a life.

New Zealand Could Be Split Into North And South Island Bubbles (G.)

A Covid-19 modeller has suggested New Zealand’s North and South islands could become separate bubbles as the country grapples with a coronavirus outbreak, although South islanders with hopes of being fully released from lockdown should not hold their breath just yet. New Zealand is battling to contain an outbreak of the Delta variant that swiftly led to a nationwide, level four lockdown – the highest setting – which has been extended until at least the end of the week. There are now 210 cases in the community. Auckland – the largest city, where the majority of cases have been detected – will remain in lockdown until the end of the month.


There have been no cases in the South Island, but the 20,000-strong list of close contacts linked to the current outbreak extends across both islands. Around 120 people, who were potentially exposed to the virus at locations in Auckland, are isolating in the South Island. Auckland could expect to stay in lockdown for a number of weeks , but a North Island and South Island split could make sense, Covid-19 modeller at the University of Auckland, Shaun Hendy, told TVNZ. “I think at this stage, a North Island and South Island split is probably what we’d be looking at,” Hendy said. In order for the alert levels to drop in the South Island, any wastewater tests would need to come back clear, Hendy said.

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Daszak gets another shot at whitewashing Daszak, and Nature provides a podium to do it on.

Origins of SARS-CoV-2: Window Is Closing For Key Scientific Studies (Nature)

Our group was convened by the World Health Organization (WHO) in October 2020. We have been the designated independent international members of a joint WHO–China team tasked with understanding the origins of SARS-CoV-2. Our report was published this March1. It was meant to be the first step in a process that has stalled. Here we summarize the scientific process so far, and call for action to fast-track the follow-up scientific work required to identify how COVID-19 emerged, which we set out in this article.

The window of opportunity for conducting this crucial inquiry is closing fast: any delay will render some of the studies biologically impossible. Understanding the origins of a devastating pandemic is a global priority, grounded in science. We, all the members of the international expert team, each submitted detailed, confidential statements to the WHO on potential conflicts of interest, including funding, collaborative studies, public statements and other issues around the origins of COVID-19 that could be perceived as conflicts. After the WHO had reviewed these, team members were appointed in their individual capacity, not as representatives of their employers.

So far, our mission has been guided by terms of reference agreed between the WHO and China in 2020, before our involvement1. These terms tasked us with making a detailed reconstruction of the early phase of the pandemic, beginning in Wuhan, China, where the first known cases were reported. Our mandate was to conduct a collaborative study with leading scientists in China to review data they had generated on the basis of initial questions from the WHO. We refined the generic list of questions described in the mandate into a detailed workplan described in the mission report.

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Bet this is also Daszak.

“We found genetic manipulation of the Nipah virus, which is more lethal than Ebola.”

Early Wuhan COVID Samples Contained Genetically Modified Viruses (ET)

Samples from early Wuhan COVID-19 patients show the presence of genetically modified Henipah virus, an American scientist has found. Henipah was one of the two types of viruses sent to China by Chinese-born scientists from a Canadian laboratory at the centre of a controversy over the firing of the scientists and collaboration with Chinese military researchers. It is not clear whether the virus found in the Chinese samples is related to the virus samples sent by the Canadian lab, which were shipped in late March 2019. The finding was confirmed for The Epoch Times by another qualified scientist.

The evidence was first found by Dr. Steven Quay, a Seattle-based physician-scientist and former faculty member at the Stanford University School of Medicine, who looked at early COVID-19 samples uploaded by scientists at the Wuhan Institute of Virology (WIV) shortly after China informed the WHO about the SARS-CoV-2 outbreak. The samples from the patients, who reportedly were found to have an “unidentified pneumonia disease” in December 2019, were uploaded to the genetic sequence database, GenBank, on the website of the U.S. National Institute of Health (NIH). Quay says that while other scientists around the world were mostly interested in examining the genome of SARS-CoV-2 in the samples uploaded by the WIV scientists, he wanted to see what else was in the samples collected from the patients.

So he collaborated with a few other scientists to analyze sequences from the samples. “We started fishing inside for weird things,” Quay told The Epoch Times. What they found, he says, are the results of what could likely be contamination from different experiments in the lab making their way into the samples, as well as evidence of Henipah virus. “We found genetic manipulation of the Nipah virus, which is more lethal than Ebola.” Nipah is a type of Henipah virus. [..] Documents released by the Canadian government state that the WIV’s intended use of the virus samples sent by Canada was “stock virus culturing,” which in simpler terms means storing the viruses while keeping them alive. Genetic manipulation would not be within the scope of this description.

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Worth watching.

Tucker Carlson Warns “Elitist Dems” Want You To “Shut Up And Obey” (SN)

Fox News host Tucker Carlson issued a stark warning Tuesday, emphasising that “we’re seeing now what happens when countries tolerate authoritarians, even for a moment” as people worldwide are being told to submit to increasingly draconian “rules” in the wake of the pandemic. Carlson noted “Has there ever been a clearer window into the society they’re trying to build? Our formerly middle-class nation now has a serf class. They’re the ones wearing the masks, being forced to take drugs they don’t want, being told not to communicate with one another, except through digital channels the Democratic Party controls.”


He continued, “We now have two groups of Americans, not a broad middle. The favored and the unfavored. The saved and the damned. The vaccinated and the unvaccinated. That’s how the architects of all this see the country.” Carlson also pointed to former NSA head Michael Hayden’s assertion that Trump supporters should be sent to Afghanistan to die. “That’s how contemptuous they feel about you,” Carlson noted, adding “Shut up and fetch another glass of Riesling, serf. And be sure not to breathe on me, or you’ll be deported.” “These are bad attitudes and are accelerating. How far can this go, you wonder?” he questioned. Carlson also described some of the insane policies being put into place in Australia and New Zealand, describing them as akin to North Korea.

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“Holy cow, I was living like Scarface…I was paying out anywhere between $300-400,000 per week to $5 million per week at times. All in cash.” Matthew Hoh, U.S. Marine Corps Captain and former State Department official

“I Was Living Like Scarface” (MPN)

The conflict in Afghanistan — for the U.S. at least — appears to be over. Essentially admitting defeat, American planes are beating a hasty and ignominious retreat from Kabul, with images of the withdrawal bearing a striking resemblance to those from the fall of Saigon 46 years previously. As the Taliban complete their takeover, many Americans are wondering what it was all about. For what, and on what, did the United States spend more than $2 trillion? A newly published study from the Special Inspector General for Afghanistan Reconstruction (SIGAR) — a U.S. government body — lays bare the waste and corruption of the whole affair, drawing parallels with famous satires such as “Catch 22” and “M*A*S*H*.” Uncompromising in its frankness, the 124-page report outlines the incompetence, venality and dark absurdity of the whole endeavor.

“When you look at how much we spent and what we got for it, it’s mind boggling,” one senior Department of Defense administrator admitted to SIGAR in 2015. Congress founded SIGAR in 2008 to provide neutral and objective oversight into the U.S.’ handling of Afghan reconstruction programs. The new report is the latest — and perhaps most critical — of 13 yearly offerings analyzing U.S. efforts in the country. At no point did the U.S. truly control all of Afghanistan. But officials in Washington wanted to see quantifiable results. In a region where American troops were barely able to leave their bases without being attacked, “cash spent” became one of the few concrete metrics commanders could report back with any accuracy. As the report concluded:

Perversely, because it was the easiest thing to monitor, the amount of money spent by a program often became the most important measure of success. A USAID official told SIGAR, ‘The Hill was always asking, ‘Did you spend the money?’…I didn’t hear many questions about what the effects were. Program budgets were massively expanded, often over the objections of USAID and others on the ground, who argued that inundating the country with dollars was not truly winning hearts and minds, and was a wasteful and ineffective strategy. There was no incentive to report on financial excesses, fraud or abuse, and barely any oversight over where the money was actually going. Contractors, NGOs and others who were aboard the seemingly endless gravy train also kept quiet as they stuffed their pockets with billions of dollars of public money.

MintPress spoke to a person who had been a central part of this bizarre story. Matthew Hoh was a captain in the U.S. Marine Corps and an official with both the Department of Defense and the State Department, spending almost 12 years in the U.S. military and government focusing on Iraq and Afghanistan. In 2009, he resigned from his position in the State Department in Zabul Province, Afghanistan, over U.S. policy in the country. “The way to prove that you were doing your job was by spending money,” Hoh told MintPress, continuing: Money being spent on an institutional level was a metric of success. Somehow in the minds of the U.S. political leaders, in Iraq and Afghanistan, dollars spent equated to things being constructed and effective counterinsurgency [against the Taliban]…But the Taliban themselves were taking the money! The Taliban guys were doing the construction work. It was absolutely nuts!”

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I don’t have time for the very few.

“Leftie” Is Now A Slur In Working-Class Towns (G.)

In 2011, Sam Fender was, by his own admission, “a little stoner” who had flunked out of his A-Levels in his hometown of North Shields, living with his mother in a flat with black mould on the walls. A decade later, he’s one of the UK’s best and most successful singer-songwriters: his 2019 debut album Hypersonic Missiles went to No 1, he won a Brit award, and his knack for writing songs about 21st-century disaffections marked him out from cheerier peers such as Ed Sheeran and George Ezra. His second album Seventeen Going Under, a superb record that channels the sound of Bruce Springsteen and the War on Drugs into an examination of his family, youth and frailty, is out in October.

[..] You’ve also written about politics – Aye, from the new album, is probably the angriest song you’ve ever written.

Because of the polarity between the left and the right, I don’t feel I have an identity with politicians on either side. The left wing have abandoned the working classes, and with a lot of the left – I don’t want to sound like Piers Morgan when I say this – I feel like there is too much nitpicking and stupid fights, especially online. But I hate the Tories with a passion. I was raised to hate them, I still hate them, and I always will. They clearly know who they stand for and they don’t represent people like us. A quarter of the kids in working families in my region are in poverty. Nobody sticks their neck out for the north-east. The line in Aye – “I don’t have time for the very few” – that’s the one thing that always going to be my main gripe on this planet, the sheer disparity between the 1% and the rest of the world. These culture wars are valid wars that need to be fought – there’s a lot of bigotry, a lot of racism and homophobia. But in order to get the Tories out, you’ve got to start representing the working class people of this country.

The right are sitting back and laughing, sweeping up every election. Blyth Valley up here went Tory. It’s a shipbuilding town. That’s insanity. Working-class people up here think the Tories are on their side – which shows how completely the left have fucked themselves. I’ve had arguments with people who say Jeremy Corbyn’s a twat, regurgitating Daily Mail headlines that he’s a terrorist sympathiser. I’m like: how? Tell me in your own words. And they go, “Ah you’re just one of them lefties”. “Leftie” is now a slur in working-class towns – what happened there? It upsets me that we’re in a place where the media have so much control over these blokes who have grafted all their life in a system that would benefit them if someone like Corbyn was in.

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New South Wales. New World Order.

 

 

 

 

 

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Jul 052021
 


Paul Gauguin We hail thee Mary 1891

 

“Asymptomatic Covid Spread” Used To Shut Down The Economy Was A Lie (TSN)
New Research Suggests Ivermectin Works (HART)
Indonesia to Produce Ivermectin Starting in July (Tempo)
‘Perverse Incentives’ in the Vaccine Rollout and the Censorship of Science (ET)
Lancet Accused Of Doing China’s Dirty Work Denouncing Lab Leak Theory (DM)
Daszak Refuses House Request For Wuhan Docs, Democrats Fail To Subpoena (JTN) /span>
Fauci Doubles Back To Masks – For the Vaccinated (JTN)
Retraction Of Paper On Vaccine Deaths Spurs Call For More Scrutiny (JTN)
OPEC On Verge Of Collapse After Saudis, UAE Refuse To Budge (ZH)
No, We Weren’t All Born Yesterday (David Stockman)
HSBC in Big Trouble in its Biggest Market, China (WS)

 

 

 

 

FLCCC’s Dr. Marik is asked how he would end the pandemic in a month. “I would do a mass distribution program of ivermectin together with melatonin and aspirin. We should’ve done this months ago.” Simple. Safe.

 

 

Mike Yeadon
https://twitter.com/i/status/1411596825103155201

Mike Yeadon variants

 

 

Paul Elias Alexander, PhD, Former COVID Pandemic consultant/advisor to WHO-PAHO and former COVID pandemic advisor to Health and Human Services (HHS), United States; Parvez Dara, MD, MBA; Howard Tenenbaum, DDS, PhD

“Asymptomatic Covid Spread” Used To Shut Down The Economy Was A Lie (TSN)

There was no credibility to ‘asymptomatic spread’ or transmission in COVID-19 as a key driver of the pandemic nor even as a driver of minimal infection. This is not only our hypothesis, we feel strongly that asymptomatic spread was bogus from the start and was used to underpin the lockdowns and had and has still today, no basis. This was part of pandemic corruption. We have looked at the evidence gathered across the last 16 months and can safely say this was a false narrative along with masking, lockdowns, social distancing, and school closure polices that visited crushing harms on the society and hurt the US and the world immensely. That the US Pandemic Task Force and these illogical, irrational, unscientific medical experts could use this falsehood and shutter the society and cost so much destruction of life, wealth and property is a scandal, shameful, and unforgiveable.

This was all about corruption, this pandemic response, and there certainly were ingredients other than science at play throughout. There are members of the US Task Force that some of us here got the pleasure of working with and some of them are incredibly smart, good people. Decent god-fearing people. But they were and are flat wrong! Have been on everything COVID. Every policy was based on their input and guidance and they created disaster. Many thousands of people died due to them! Their policies! Never has a President been as ill-served as by these Task Force members. They misled and undercut President Trump at each turn and one continues to mislead the current administration.

Who knows, maybe the combination caused a chaotic frenetic collaboration, so maybe the combination doomed them from the start. But on a day-to-day basis, we were watching a clown car in the daily briefings! Their hypothesis cannot be borne out on asymptomatic spread, and we have decided once and for all, to lay out the evidence on asymptomatic spread and give our view. This should have never been about supposition, speculation, assumptions or even whimsy by them. This is not evidence-based research, that is not science. Speculation and assumption is not science. They failed catastrophically and must not be allowed to re-write their history.

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All serious research says the same thing.

New Research Suggests Ivermectin Works (HART)

Another conundrum is whether many more lives could have been saved by the early adoption of ivermectin, a repurposed drug, with a long track record of safety for use in parasitic diseases but also shown to have antiviral properties. In the specific case of COVID-19, the mode of action appears to be two-fold: it acts by docking to the SARS-CoV-2 spike receptor-binding domain bound with ACE2 (thus blocking the virus from entering cells), and also acts as an anticoagulant, which protects against the clotting associated with the viral spike protein. Numerous articles summarised by the Front Line COVID-19 Critical Care Alliance have reported successful use both in treatment and prevention of COVID-19 but have been criticised for lack of peer reviewed RCT data.


Last week Dr Tess Lawrie from the Evidence-Based Medicine Consultancy and colleagues published a peer reviewed systematic review and meta-analysis in the American Journal of Therapeutics that showed moderate-certainty evidence of large reductions in COVID-19 deaths. ‘Moderate-certainty’ may sound like an ‘average’ result, but it in fact represents one of the highest certainties possible and the stringent data filters used in this kind of meta-analysis mean that only the most robust RCT data are included. With mild to moderate disease, ivermectin reaches the threshold for ‘high certainty’ of efficacy meaning it appears to be of immense benefit in both the treatment and prevention of COVID-19. Being out of patent, it is incredibly cheap (cost of production is around 3 cents a tablet) and very safe, particularly in comparison to COVID-19 vaccines:

In relation to the above table, it should be noted that around 4 billion doses of ivermectin have been given to humans since reporting started. Real world experience has been enormous and largely censored — something Dr Lawrie has also been subject to, having been removed from Twitter and had articles deleted from LinkedIn. HART has previously highlighted YouTube’s ‘COVID-19 medical misinformation policy’ which outlaws any claims that ivermectin is an effective treatment for the disease. Unfortunately, the influence of pharmaceutical lobbying in preventing the early adoption of ivermectin is evident and it is the sick and dying who inevitably suffer in a system where profit is a huge driver in dictating what does and does not reach the market. There is a point at which enough evidence of efficacy of a medicine has been provided and anything beyond that is deemed ‘unnecessary’.

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13 million per month. Good start, but 260 million people.

Indonesia to Produce Ivermectin Starting in July (Tempo)

State-owned pharmaceutical firm PT Indofarma on Friday spoke about Ivermectin that has recently claimed popularity after a number of public figures claimed the drug’s effectiveness against COVID-19. Asked by Tempo about the price for one pack, Indofarma management stated in a written release on Friday, July 2, that they “established the price for [Ivermectin] at Rp123 thousand.” The product they sell includes 20 tablets of 12 mg per botol. The highest retail price that includes the added-value tax (PPN) is set at Rp157,700 (US$10 in current exchange). Based on Tempo’s observation across online and physical stores the drug is sold at an average price of Rp200,000 (US$13.7) with the highest retail price at Rp256,000 (US$ 17). Ivermectin, as of June 20, has obtained marketing authorization from the Food and Drugs Monitoring Agency (BPOM). Indofarma stated the production of the drug would kickstart in early July, and that it aimed at producing 13.8 million tablets until August 2021.

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Interview with Bret Weinstein.

‘Perverse Incentives’ in the Vaccine Rollout and the Censorship of Science (ET)

You mentioned two areas. One is repurposed drugs therapeutics for COVID, another one is of course, vaccine safety. So what are you seeing? Well, let’s pick one. Let’s go into the vaccine safety first. Dr. Weinstein: Well, I’m not sure that there is even a way to do one without the other. The two appear to be the same story viewed from two different sides. And I think what people need to track is the fact that in order for the vaccines to be administered, they had to get an Emergency Use Authorization. And one of the requirements for the Emergency Use Authorization is that there’d be no safe and effective treatments available. So if the repurposed drugs are as good as some people believe they are, then the vaccines would not be available at all. They would still be in testing.

Add to that the fact that the pharmaceutical companies that manufacture these vaccines have been granted immunity from liability. And these two things in combination, I believe, have created a headlong rush to administering the vaccines to everyone irrespective of medical or epidemiological need. [..] I’ve seen a piece of the censorship on YouTube. YouTube has in their community guidelines, a provision that actually forbids the discussion of ivermectin if the discussion involves the claim that it works. And the problem is that there is substantial evidence that it works. And works doesn’t mean one thing, it actually means two distinct things.

There is strong evidence that ivermectin works for the treatment of COVID, especially if it is given early in the course of disease. It is also apparently highly effective as a prophylactic. And these things are clearly visible in the recent meta-analysis that have been released that show a clear pattern. So somehow on YouTube, the discussion of evidence that has been peer-reviewed and delivered within the scientific literature is forbidden because it contradicts the CDC’s view, which is that ivermectin does not work or that there is no evidence that it works. [..] I learned this from Robert Malone, who is the inventor of mRNA vaccine technology, and he is also somebody who has been involved in a professional capacity inside the regulatory apparatus.

And what he said is that at the point that the Emergency Use Authorizations for the vaccines were granted, there was the opportunity to require extra data to be collected to find out what the impact of these vaccines was on the people who received them. And a choice was made not to collect the data, which I find quite alarming in light of the fact that the process of establishing the safety of these vaccines was necessarily truncated in order to bring them to the public so quickly. [..] the ramifications of it are that we are exposing a huge fraction of the population to what is in effect, a scientific experiment, except that it isn’t a scientific experiment because we are deliberately avoiding collecting data that would allow us to evaluate the impact.

And I find that shocking. It is one thing to argue that we have no choice that COVID-19 is an emergency and we have to make shortcuts that we would not ordinarily consider. I accept that argument. I also accept that these vaccines appear to work at least in the short term. But the right thing to do in order to make proper medically justified decisions and epidemiologically justified decisions is to collect the data on what happens after administration. These are brand new technologies. They have many different ways in which they could fail, and it is our obligation, especially to the people who receive these vaccines, that we collect the data on what happened. And to not do so means that we are very likely to put people in danger in the future with no justification for it.

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Yup, it’s Daszak.

Lancet Accused Of Doing China’s Dirty Work Denouncing Lab Leak Theory (DM)

The Lancet letter, signed by 27 experts, played a key part in silencing scientific, political and media discussion of any idea that this pandemic might have begun with a lab incident rather than spilling over naturally from animals. It was even reportedly used by Facebook to flag articles exploring the lab leak hypothesis as ‘false information’ before the social media giant dramatically changed tack last month. Yet it emerged later that The Lancet statement was covertly drafted by British scientist Peter Daszak – a long-term collaborator with the Wuhan Institute of Virology, which was carrying out high-risk research on bat coronaviruses and had known safety issues.

Daszak is the £300,000-a-year president of EcoHealth Alliance, a New York-based charity that funnelled funds to his friend Shi Zhengli, the Wuhan virologist known as ‘Batwoman’ for her work in collecting samples from bats. Four months later, The Lancet set up a ‘Covid-19 Commission’ to assist governments and scrutinise the origins. It was led by Jeffrey Sachs, the celebrity economist and author who campaigns on aid with rock star Bono. Sachs recently dismissed claims that China is committing genocide on the Uighurs, adopting Beijing’s line that it is confronting Islamic militancy. Incredibly, he backed Daszak to lead his commission’s 12-person taskforce investigating Covid’s origins – joined by five fellow signatories to The Lancet statement.

Daszak’s conflicts of interest were exposed by this newspaper six months ago. Last week The Lancet finally ‘recused’ him from its commission and published an ‘addendum’ to its statement detailing some of his Chinese links. Yet critics say the journal has still failed to admit that six more signatories to that February statement have ties to Daszak’s EcoHealth Alliance as directors or partners. ‘It would have been better for The Lancet to have stated that Daszak’s and other signers’ previous declarations were untruthful and to have attached an editorial expression of concern,’ said Richard Ebright, a bio-security expert and professor of chemical biology at Rutgers University in New Jersey.

Now The Mail on Sunday has learned that The Lancet is set to publish a second statement by these signatories that presses the case that Covid probably emerged through natural ‘zoonotic’ transmission from animals to humans. ‘We consider that it seems more likely a transmission through an intermediate mammalian host, although other possibilities can’t be fully excluded,’ said one, adding that they were still ‘missing some signatures’. Four of The Lancet’s original experts seem to have since shifted their position, including Charles Calisher, a Colorado virologist. He admits ‘there is too much coincidence’ to ignore the lab leak hypothesis and that ‘it is more likely that it came out of that lab’.

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And Daszak again.

Daszak Refuses House Request For Wuhan Docs, Democrats Fail To Subpoena (JTN)

Amajor conduit of federal research funding to the Chinese coronavirus lab at the center of ongoing speculation over the origins of the SARS-Cov-2 virus is not complying with a months-old request from House Republicans for documentation related to his work with that lab, while Democrats in the House have failed to issue a subpoena to compel that evidence. Peter Daszak, the president of the U.S. nonprofit EcoHealth Alliance, has been the subject of growing scrutiny over the last several months regarding his role in the funding of the Wuhan Institute of Virology. For several years leading up to the pandemic, EcoHealth Alliance funneled hundreds of thousands of dollars in federal research grants to the WIV for the study of potential pandemic coronaviruses at the Wuhan lab.

As government investigators and journalists dig to uncover the full scope of Daszak’s links to the WIV, Daszak is continuing to spurn a congressional request for that information. In April, Republicans on the House Committee on Energy and Commerce sent Daszak a letter directing him to submit, among many other documents, “all letters, emails, and other communications between [EcoHealth] and [the WIV] related to terms of agreements, bat coronaviruses, genome or genetic sequencing, SARS-CoV-2, and/or laboratory safety practices” pursuant to key NIH research funding through EcoHealth to the Wuhan lab as a grant sub-recipient.

Yet Daszak himself has not cooperated with the request. An aide with the Energy and Commerce Committee confirmed to Just the News this week that the committee has “received no response still from EcoHealth Alliance and Peter Daszak to the April 16th letter from Leaders Rodgers, Guthrie, and Griffith.” Washington GOP Rep. Cathy McMorris Rodgers has also publicly noted Daszak’s refusal to cooperate with the request made roughly two and a half months ago. “We have asked Daszak to provide information we know he has that sheds light on the origins of this pandemic,” Rodgers said during a House subcommittee hearing this week. “But he refuses to cooperate.” “Dr. Daszak, you received American funds you used to conduct research on bat coronaviruses at the Wuhan Institute of Virology,” Rodgers continued. “You owe it to the American people to be transparent.”

[..] The committee itself could subpoena Daszak for the materials; both House and Senate committees enjoy subpoena powers pursuant to investigations within their congressional purviews, something that has been upheld by the Supreme Court several times. Yet subpoena power in both chambers is controlled by whichever party is in the majority. Democrats still hold a slim majority in the House, meaning the ultimate authority to compel Daszak to produce the documentation rests with that party, specifically in this case with Energy and Commerce Committee Chairman Frank Pallone.

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“DOES ANY SANE PERSON CARE WHAT LITTLE NAPOLEON SAYS?”

Fauci Doubles Back To Masks – For the Vaccinated (JTN)

Less than two months after the government eased its COVID-19 mask requirements, the nation’s chief infectious disease specialist suggested Sunday that vaccinated Americans “go the extra mile” and begin wearing them again in low vaccinated areas. Dr. Anthony Fauci’s recommendation led to howls by many on Twitter, who noted recently released emails from the NIH doctor suggested masks provided little protection. “DOES ANY SANE PERSON CARE WHAT LITTLE NAPOLEON SAYS?,” a woman with the Twitter handle Conservative Gal tweeted Sunday afternoon. The Centers for Disease Control and Prevention on May 13 eased mask restrictions as vaccinations grew quickly.


Fauci made the rounds on the Sunday shows to address the new, contagious COVID-19 delta variant and slowing vaccination rates, offering his changed advice on masks. “If you put yourself in an environment in which you have a high level of viral dynamics and a very low level of vaccine, you might want to go the extra step and say ‘When I’m in that area where there’s a considerable degree of viral circulation, I might want to go the extra mile to be cautious enough to make sure that I get the extra added level of protection, even though the vaccines themselves are highly effective,’” Fauci told NBC’s “Meet The Press.” Some blue cities like Los Angeles and St. Louis have already reinstated a mask advisory for vaccinated and unvaccinated citizens as the delta variant has spread.

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The things that nobody wants to know.

Retraction Of Paper On Vaccine Deaths Spurs Call For More Scrutiny (JTN)

Should public health authorities scrutinize deaths attributed to COVID-19 as closely as they scrutinize deaths attributed to COVID-19 vaccines? Defenders of a controversial study on the risk-benefit ratio of COVID-19 vaccines are calling hypocrisy on a medical journal for retracting the paper a week after publishing it, following the resignations of several journal editors in protest. In a Friday retraction notice in the journal Vaccines, the editor in chief and “several” editorial board members said the paper’s authors were not able to “satisfactorily” answer claims that they conflated correlation with causation. Analyzing data from the Netherlands Pharmacovigilance Centre, known as LAREB, the paper’s authors estimated COVID-19 vaccines take two lives for every three they save. The country leads Europe in vaccine adverse-reaction reporting.

Authors Harald Walach, Rainer Klement and Wouter Aukema challenged criticism from Eugene van Puijenbroek, who leads LAREB’s scientific department, that they had misused its data. “This starts a long-overdue debate on how to gauge the safety of COVID-19 vaccines,” they wrote in a statement provided to Retraction Watch Thursday. “Currently we only have association, we agree, and we never said anything else. But the same is true with fatalities as consequences of SARS-CoV2-infections [sic],” which are “rarely vetted by autopsy or second opinion” to confirm they were caused by the novel coronavirus, rather than incidental to infection. Brown University epidemiologist Andrew Bostom wasn’t impressed by the journal’s “baloney” explanation for the retraction, either.

“The [vaccine] deaths are as causally related as C19 deaths which allow for any positive test within 30-60 days of a death from any cause to be tallied as a C19 death,” he wrote in a Twitter message to Just the News. Bostom pointed to a June study, not yet peer-reviewed, of a sample of deaths in the U.S. Vaccine Adverse Events Reporting System reported through April. The sample was limited to people who got early vaccinations, primarily elderly or those with “significant health conditions.” Researchers at the University of London and New Zealand’s Massey University found that they could rule out “vaccine reaction” as a contributing factor in just 14% of deaths. “Contrary to claims that most of these reports are made by lay-people and are hence clinically unreliable, we identified health service employees as the reporter in at least 67%,” they wrote.

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They’re always on the verge of collapse?!

OPEC On Verge Of Collapse After Saudis, UAE Refuse To Budge (ZH)

Is the world about to go through another 2014 Thanksgiving massacre when OPEC collapsed sending the price of oil crashing and unleashing a brief if catastrophic wave of destruction across the US shale sector? That’s what commodity traders are wondering this long weekend when just two days after the UAE refused to fall inline with the rest of OPEC+, late on Sunday, in a Bloomberg TV interview, Saudi Prince Abdulaziz said that “we have to extend,” referring to the deal agreed upon by all but the UAE on Friday, according to which oil production would be increased by 400kbd over the next few months, while also extending the broader production quota agreement until the end of 2022 for the sake of stability: “the extension puts lots people in their comfort zone” said the Saudi, adding that Abu Dhabi was isolated within the OPEC+ alliance.

“It’s the whole group versus one country, which is sad to me but this is the reality”, the Saudi summarized the potentially explosive situation, which has seen Saudi Arabia and the United Arab Emirates crank up the tension in their OPEC standoff which as Bloomberg summarizes, has left the global economy guessing how much oil it will get next month. The bitter clash between the Saudis and UAE has forced OPEC+ to halt talks twice already, with the next meeting scheduled for Monday, putting markets in limbo as oil continues its inflationary surge above $75 a barrel. With the cartel discussing its production policy not only for the rest of the year, but also into 2022, the solution to the standoff will shape the market and industry into next year.

While traditionally the oil cartel has been shy of publicity, keeping its spats behind close doors, on Sunday the fight between the two key producers broke into public view with both countries, which typically keep their grievances within the walls of the royal palaces, airing their differences on television, with Riyadh insisting on its plan, backed by other OPEC+ members including Russia, that the group should both increase production over the next few months, while also extending the broader agreement reached in the aftermath of the oil price collapse of 2020 until the end of 2022 to avoid a production glut. Just hours earlier, the Emirati energy minister, Suhail al-Mazrouei, again rejected the Saudi-proposed deal extension, supporting only a short-term increase and demanding better terms for itself for 2022. “The UAE is for an unconditional increase of production, which the market requires,” Al-Mazrouei told Bloomberg Television earlier on Sunday. Yet the decision to extend the deal until the end of 2022 is “unnecessary to take now.”

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“..only 73% of the state-imposed shrinkage of hours worked has been recovered as of June 2021.”

No, We Weren’t All Born Yesterday (David Stockman)

According to the mainstream narrative, we were all born yesterday. There is no such thing as context, history or critical analysis – just cherry-picked short-term data-deltas, which are held to be either awesome or at least much improved from last time. That’s why we predictably got this headline from the Wall Street Journal with reference to today’s June employment release, which allegedly showed “employers added 850,000 jobs last month”: Stocks Tick Higher With Strong Jobs Report Well, no, it wasn’t and they (employers) didn’t. In fact, total hours worked in June actually declined from the May level, and, far more importantly, were still down 4.4% from the pre-Covid peak in February 2020.

When expressed in total hours, there is absolutely nothing “strong” at all about the numbers. To wit, at the end of Q2 2021 total hours employed in the nonfarm economy were still down 8 billion hours from the Q4 2019 level. That’s right. Eight billion worker hours are MIA, yet the lazy shills at the WSJ, Bloomberg, Reuters et. al. keep pumping out bilge about an awesome economic rebound! Actually, what has never been noted notwithstanding the fact that it sits there in plain sight on the BLS website is that Dr. Fauci and his economy wreckers dug a far deeper hole in the main street labor market last spring than the narrative led you to believe. At the pre-Covid peak in Q4 2019, the nonfarm economy utilized 257.2 billion labor hours at an annualized rate, but that plunged by nearly -12% to just 227.6 billion hours in Q2 2020.

So doing, Fauci & Co wiped out all of the aggregate nonfarm labor hours gain since Q4 2011. That is to say, it obliterated the awesome gains that had been contained in 102 monthly Jobs Friday reports in the interim. And now, after $4 trillion of freshly printed fiat cash and $6 trillion of stimmies and other bailouts and free stuff only 73% of the state-imposed shrinkage of hours worked has been recovered as of June 2021.

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By some measures, still the world’s biggest bank.

HSBC in Big Trouble in its Biggest Market, China (WS)

HSBC, headquartered in the UK, is first and foremost an Asian bank. The Hongkong and Shanghai Banking Corporation Limited cut its teeth in the 19th century in Greater China. In 2020, its Mainland and Hong Kong operations accounted for 39% of its annual $50 billion in revenue, while the United Kingdom, its second largest market, brought in 28%. The bank is now selling off its retail banking units in France and the United States and scaling back its presence in some emerging markets in order to accelerate its eastward pivot. But there’s a problem with this plan: Its success rests largely on the bank’s ability to maintain good relations with the Chinese government. And that is proving to be a tough proposition.

Relations have soured significantly over the past two years after it was revealed in 2019 that HSBC had ratted out Chinese telecom giant Huawei to the U.S. Department of Justice for breaching U.S. sanctions on Iran. The information provided by HSBC led to the arrest of Meng Wanzhou, Huawei’s chief financial officer and daughter of the company’s founder, in Vancouver in 2018. As geopolitical tensions have escalated between the US and China, HSBC has had to walk a tightrope in its relations with China on the one hand and Washington and London on the other. The lenders’ travails reveal a core challenge for multinational firms operating in China: the market is vital to their growth prospects, but Western firms doing business there increasingly risk being mired in the ratcheting tensions between Beijing and the West.

But given the size and growth of the market, many big global banks have decided to continue expanding in China, whether organically or through acquisitions. HSBC Holdings PLC, Standard Chartered PLC and Citigroup Inc. have all unveiled plans to beef up their wealth management operations in China, targeting the growing middle class. But with net profits for foreign lenders falling precipitously and Beijing demanding that foreign companies toe the line as the US ramps up sanctions on China, it’s getting more and more complicated.

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Luciferase

 

 

 

 

No jab no dinner

 

 

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Jun 232021
 
 June 23, 2021  Posted by at 8:48 am Finance Tagged with: , , , , , , , ,  85 Responses »


Edward Hopper New York movie 1939

 

‘It’s Anti-science, And It’s Anti-me’ – Fauci (RT)
Mass Vaccination Drives A Rapid Evolutionary Response Of SARS-CoV-2 (VDBossche)
Ivermectin: The Forbidden Treatment (APL)
Oxford University Explores Ivermectin As Covid-19 Treatment (R.)
Nearly 4,000 Fully Vaccinated People in MA Positive for COVID-19 (ET)
3rd COVID Wave Will Kill Or Hospitalize 60 To 70% of Fully Vaccinated (GGI)
Daszak Leaves UN-backed COVID Origins Probe (NYP)
Media Allowed Itself To Be Duped By One Man On Covid-19 (Bloom)
Gabon Paid For Protecting Forests, In African First (Y!)
A Court Ruled Rachel Maddow’s Viewers Know She Doesn’t Offer Facts (Greenwald)
EU Opens Antitrust Probe Into Google’s Online Ad Tech Business (F.)
Millions Become Millionaires During Covid Pandemic (BBC)

 

 

 

 

 

 

Craig Kelly MP
https://twitter.com/i/status/1407280779055419394

 

 

All America has had to say for a year and a half. Poor. Can’t disagree with Tony, because that makes you far-right.

‘It’s Anti-science, And It’s Anti-me’ – Fauci (RT)

Dr. Anthony Fauci, the president’s chief medical adviser, has dismissed controversy surrounding numerous past emails being published as “anti-science” nonsense from the “far-right.” Fauci has found himself facing new waves of criticism since thousands of his emails were released via Freedom of Information Act requests through Buzzfeed and the Washington Post. Critics have timed what Fauci has said in some of the emails during the pandemic to what he was saying publicly and accused the infectious disease expert of hypocrisy on issues such as masking and theories about the origin of Covid-19. In an interview with the New York Times published on Monday, Fauci dismissed his “far-right” critics as being “politically motivated” and pushing “nonsense” to discredit him.


“It’s clear. It’s anti-science, and it’s anti-me,” Fauci declared. He went on to say that every piece of correspondence is “perfectly normal, perfectly innocent, and completely above board.” Fauci has long been accused of flip-flopping on key guidances in short periods of time during the pandemic, something he has denied, explaining that his opinion has changed as the “science” has, an argument he doubled-down on in his most recent defense. “So the people who are giving the ad hominems are saying, ‘Fauci misled us,'” he said. “‘First, he said no masks, then he said masks.’ Well, let me give you a flash. That’s the way science works. You work with the data you have at the time. It is essential as a scientist that you evolve your opinion and your recommendations based on the data as it evolves.”

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Spike proteins all the way.

Mass Vaccination Drives A Rapid Evolutionary Response Of SARS-CoV-2 (VDBossche)

We do know about the outcome of a natural pandemic but don’t know at all about the outcome of the ongoing pandemic, as the latter has now become a ‘pandemic of variants’. From what follows below (and which is basically a summary of findings made by molecular/ genomic epidemiologists that I put into a broader context), there is however, one certainty, which is that Sars-CoV-2 variants are rapidly evolving in response to the natural immune selection pressure they are experiencing. Phylogenetics-based natural selection analysis indicates that a substantial amount of the immune selection pressure exerted during this pandemic is directed at the Sars-CoV-2 spike (S) protein, which is targeted by the vaccines.

On their journey to adapting to the host(ile) environment of neutralizing antibodies (nAbs), variants further exploit their evolutionary capacity to overcome this S-directed, population-level immune pressure. Hence, in a given vaccination setting and stage of the ongoing pandemic, the success of mass vaccination campaigns will to a large extent depend on the evolving prevalence of increasingly problematic variants. Alternatively, S-directed immune interventions that seem effective in one vaccination setting and stage of this pandemic may not work as well when applied to another vaccination setting or when implemented at another stage of the ongoing pandemic.

The observation that the effectiveness of mass vaccination campaigns, as assessed during a pandemic of immune escape variants, oftentimes evolves very differently between countries or regions is, therefore, not surprising. It is only when the population-level selective immune pressure will culminate that variants and, therefore, the effects of these campaigns will start to globally converge to the same endpoint, which is ‘resistance’ to the vaccines. It is only at that very endpoint that all assessments of the alleged ‘effectiveness’ of this experiment will be unanimous and consistent. [..] as the immune selection pressure in the global population is now ‘massively’ rising and the set of naturally selected, S-directed mutations together with the plasticity thereof dramatically expanding, one can reasonably expect that the edition of a super variant capable of resisting S-specific Abs will be precipitated such as to emerge within the next few months.

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“Please may we start saving lives now.” She heard nothing back.”

Ivermectin: The Forbidden Treatment (APL)

On Dec. 8 2020, FLCCC member Dr. Pierre Kory gave nine minutes of testimony to the U.S. Homeland Security Committee Meeting on the potent anti-viral, anti-inflammatory benefits of ivermectin. Nine million people viewed the video on YouTube before it was taken down by YouTube’s owner, Google. Capuzzo said mainstream and social media have gone to extraordinary lengths to keep people in the dark about ivermectin. Three days after Kory’s testimony, an Associated Press “fact-check reporter” interviewed Kory. Then she wrote: “AP’S ASSESSMENT: False. There’s no evidence Ivermectin has been proven a safe or effective treatment against COVID-19.” Like many critics, she didn’t explore the Ivermectin data or evidence in any detail, but merely dismissed its “insufficient evidence,” quoting instead the lack of a recommendation by the NIH or WHO.

On Jan. 12, 2021, the Brazilian Ministry of Health tweeted to its 1.2 million followers not to wait with COVID-19 until it’s too late but “go to a Health Unit and request early treatment,” (Ivermectin) only to have Twitter take down the official public health tweet for “spreading misleading and potentially harmful information.” On Jan. 31, the Slovak Ministry of Health announced its decision on Facebook to allow use of Ivermectin. Facebook took down the post and removed the entire page it was on, the Ivermectin for MDs Team, with 10,200 members from more than 100 countries. In Argentina, Professor and doctor Hector Carvallo, whose prophylactic studies are renowned by other researchers, says all his scientific documentation for Ivermectin is quickly scrubbed from the Internet. “I am afraid,” he wrote to Marik and his colleagues, “we have affected the most sensitive organ on humans: the wallet…”

As Kory’s testimony was climbing toward nine million views, YouTube, owned by Google, erased his official Senate testimony, saying it endangered the community. Undeterred, many front-line doctors have tried to persuade their health regulators of the efficacy and safety of ivermectin as a covid treatment. They include Dr. Tess Lawrie, a prominent independent medical researcher who, as Capuzzo reports, evaluates the safety and efficacy of drugs for the WHO and the National Health Service to set international clinical practice guidelines: “She read all 27 of the Ivermectin studies Kory cited. The resulting evidence is consistent and unequivocal, she said, and sent a rapid meta-analysis, an epidemiolocal statistical multi-study review considered the highest form of medical evidence, to the director of the NHS, members of parliament, and a video to Prime Minister Boris Johnson with “the good news… that we now have solid evidence of an effective treatment for COVID-19…” and Ivermectin should immediately “be adopted globally and systematically for the prevention and treatment of COVID-19.”

Ignored by British leaders and media, Lawrie convened the day-long streaming BIRD conference—British Ivermectin Recommendation Development—with more than 60 researchers and doctors from the U.S., Canada, Mexico, England, Ireland, Belgium, Argentina, South Africa, Botswana, Nigeria, Australia, and Japan. They evaluated the drug using the full “evidence-to-decision framework” that is “the gold standard tool for developing clinical practice guidelines” used by the WHO, and reached the conclusion that Ivermectin should blanket the world. “Most of all you can trust me because I am also a medical doctor, first and foremost,” Lawrie told the prime minster, “with a moral duty to help people, to do no harm, and to save lives. Please may we start saving lives now.” She heard nothing back.

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Oxford is AstraZeneca. They should never lead a study like this. And they know it.

Oxford University Explores Ivermectin As Covid-19 Treatment (R.)

The University of Oxford said on Wednesday it was testing anti-parasitic drug ivermectin as a possible treatment for COVID-19, as part of a British government-backed study that aims to aid recoveries in non-hospital settings. Ivermectin resulted in a reduction of virus replication in laboratory studies, the university said, adding that a small pilot showed giving the drug early could reduce viral load and the duration of symptoms in some patients with mild COVID-19. Dubbed PRINCIPLE, the British study in January showed that antibiotics azithromycin and doxycycline were generally ineffective against early-stage COVID-19.


While the World Health Organization, and European and U.S. regulators have recommended against using ivermectin in COVID-19 patients, it is being used to treat the illness in some countries, including India. “By including ivermectin in a large-scale trial like PRINCIPLE, we hope to generate robust evidence to determine how effective the treatment is against COVID-19, and whether there are benefits or harms associated with its use,” co-lead investigator of the trial Chris Butler said. People with severe liver conditions, who are on blood-thinning medication warfarin, or taking other treatments known to interact with ivermectin, will be excluded from the trial, the university added. Ivermectin is the seventh treatment to be investigated in the trial, and is currently being evaluated alongside antiviral drug favipiravir, the university said.

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How it started and how it’s going is the same. No progress:

“The health agency added, “There is some evidence that vaccination may make illness less severe.”

Nearly 4,000 Fully Vaccinated People in MA Positive for COVID-19 (ET)

Nearly 4,000 people in Massachusetts who have been fully vaccinated against COVID-19 have contracted the virus, adding to the growing number of breakthrough cases nationwide. According to the Massachusetts Department of Public Health, as of June 12, there were 3,791 people who tested positive for COVID-19 among the 3.7 million fully vaccinated people in the state, accounting for roughly one in 1,000 vaccinated individuals. “We’re learning that many of the breakthrough infections are asymptomatic or they’re very mild and brief in duration,” said Boston University infectious diseases specialist Davidson Hamer, the Boston Herald reported. “The viral load is not very high.”

“Breakthroughs are expected, and we need to better understand who’s at risk and whether people who have a breakthrough can transmit the virus to others,” Hamer added. “In some cases, they’ll be shedding such low levels of the virus and won’t be transmitting to others.” So-called breakthrough cases refer to cases appearing two or more weeks after a person’s final shot. That’s primarily the second Pfizer or Moderna dose, but can be the single-shot Johnson & Johnson vaccine. “Vaccine breakthrough cases are expected,” the Centers for Disease Control and Prevention states on its website. “COVID-19 vaccines are effective and are a critical tool to bring the pandemic under control. However, no vaccines are 100 percent effective at preventing illness. There will be a small percentage of people who are fully vaccinated who still get sick, are hospitalized, or die from COVID-19.”

The health agency added, “There is some evidence that vaccination may make illness less severe.”

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From April, but a keeper.

3rd COVID Wave Will Kill Or Hospitalize 60 To 70% of Fully Vaccinated (GGI)

According to projections by UK’s top modelling agency the third wave of COVID-19 spike will hospitalize and kill 60 to 70% of those people who took both the vaccine doses. The paper suggests that the resurgence in both hospitalisations and deaths will dominated by those who have received two doses of the vaccine, comprising around 60% and 70% of the wave respectively. The modelling (read below in full) was presented to the UK’s top scientific advisory body Sage by one of its sub groups, the Scientific Pandemic Influenza Group on Modelling, Operational (SPI-M-O). This committee of academics has done modelling work throughout the pandemic and has looked at the impact vaccination will have on hospital admissions, infections and deaths.

Its findings suggest that a third wave is inevitable but that the size of the spike in cases depends on the effectiveness of vaccines, the speed at which restrictions are eased and the impact new variants have on transmission and illness. It suggests that the resurgence in both hospitalisations and deaths will be “dominated by those that have received two doses of the vaccine”. “Maintaining a large reduction in transmission from such measures after Step 4 [England’s plans to remove all restrictions from June 21] is taken is almost certain to reduce the size of the subsequent resurgence. This latest modelling reinforces this finding, as lower adherence to baseline measures and the resulting increased transmission could lead to a peak close in scale to that seen in January 2021.” The paper looks at a range of possibilities what we can expect from Covid as we ease restrictions going into the summer. It takes into account a range of difference sources including modelling from the University of Warwick, Imperial College London and London School of Hygiene & Tropical Medicine.

“Scenarios with little transmission reduction after step 4 [full lifting of restrictions planned for June in England] or with pessimistic but plausible vaccine efficacy assumptions can result in resurgences in hospitalisations of a similar scale to January 2021.” The paper suggests that the resurgence in both hospitalisations and deaths will dominated by those who have received two doses of the vaccine, comprising around 60% and 70% of the wave respectively. “The resurgence in both hospitalisations and deaths is dominated by those that have received two doses of the vaccine, comprising around 60% and 70% of the wave respectively. This can be attributed to the high levels of uptake in the most at-risk age groups, such that immunisation failures account for more serious illness than unvaccinated individuals.”

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Where there’s Daszak, there’s Fauci.

Daszak Leaves UN-backed COVID Origins Probe (NYP)

The head of a New York City-based nonprofit that directed hundreds of thousands of dollars in federal grant money to the Wuhan Institute of Virology is no longer part of a UN-backed commission examining the origins of the coronavirus pandemic. EcoHealth Alliance president Peter Daszak’s profile on the website of The Lancet COVID-19 Commission has been updated to include the parenthetical quote “recused from Commission work on the origins of the pandemic.” Earlier this month, Vanity Fair reported that Dazsak helped organize a statement signed by 27 leading scientists that appeared in The Lancet — a prestigious British medical journal — in February 2020. The statement condemned what it called “conspiracy theories suggesting that COVID-19 does not have a natural origin” and proclaimed “solidarity with all scientists and health professionals in China.”

“Conspiracy theories do nothing but create fear, rumours [sic], and prejudice that jeopardise [sic] our global collaboration in the fight against this virus,” the statement added. Though the statement initially claimed that the signatories had “no competing interests,” The Lancet issued a statement Monday saying it had invited all 27 signatories (at least one of whom has walked back his support of the natural, or zoonotic, theory) to “re-evaluate their competing interests.” The statement included an updated disclosure from Daszak attached to the February 2020 statement and two other pieces he co-authored or contributed to. In his expanded disclosure, Daszak stated that EcoHealth’s work in China — including at the Wuhan lab — was funded by the National Institutes of Health (NIH) and the US Agency for International Development (USAID). Daszak also denied that he or EcoHealth received money directly from the Chinese government.

“EcoHealth Alliance’s work in China … includes the production of a small number of recombinant bat coronaviruses to analyse [sic] cell entry and other characteristics of bat coronaviruses for which only the genetic sequences are available,” he wrote. “NIH reviewed the planned recombinant virus work and deemed it does not meet the criteria that would warrant further specific review by its Potential Pandemic Pathogen Care and Oversight (P3CO) committee.” The belated disclosure from The Lancet comes months after the nonprofit group US Right to Know reported that four of the statement’s co-authors had direct ties to EcoHealth Alliance. The Vanity Fair report stated that six signatories had either worked at EcoHealth Alliance or received funding from it.

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“What does it say about the state of our media and social media that one man can so wrongly shape a narrative?”

Media Allowed Itself To Be Duped By One Man On Covid-19 (Bloom)

The more we learn about Peter Daszak, one of the main villains of the COVID epidemic, the worse it gets. Daszak is president of EcoHealth Alliance, a nongovernmental organization mostly funded by the US government. EcoHealth passed some of that money on to the lab in Wuhan, China. It was Daszak who organized the letter in The Lancet from February 2020 dismissing as “misinformation” claims that the virus may have originated from the Wuhan Virology Lab. The letter created the illusion of consensus, which Internet companies proceeded to enforce through censorship, and the media reinforced by constantly interviewing Daszak himself. There might be journalistic value in hearing from the Chernobyl plant director about all those clouds floating over Ukraine.

But if he suggests the rash of mysterious sores and cancers were due to a faulty shipment of microwaves recently arrived in Pripyat, you’d probably think he was engaged in a bit of “motivated reasoning.” Apparently not the World Health Organization, which invited Daszak to join their microwave hunt in Wuhan. In the last two days, Daszak has been removed from The Lancet’s own UN-backed commission investigating COVID’s origins, though whether he removed himself or was fired remains unclear. It appears Daszak collaborated with Anthony Fauci as well, based on a recently released e-mail in which he thanks the NIAID director for “publicly standing up and stating that the scientific evidence supports a natural origin for COVID-19 from a bat-to-human spillover, not a lab release.”

To top it all off, the Trump administration canceled the EcoHealth grant in early 2020, a move that was characterized by “60 Minutes” and NPR as jeopardizing a possible COVID-19 cure. Both stories featured — guess who — Daszak. Now we learn that Google’s charitable arm may have also funded EcoHealth. Steve Hilton suggested Monday on Fox that the Google funding might have something to do with why information about COVID was so ruthlessly policed on social media platforms and search engines. We’ll be sorting through the many failures of the COVID pandemic for years, failures by the most important institutions of society, from big tech to scientific research to public health to the media, but whatever blame rests on them, we can say Daszak helped break them all. What does it say about the state of our media and social media that one man can so wrongly shape a narrative?

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Wonder where the loot ends up.

Gabon Paid For Protecting Forests, In African First (Y!)

Gabon has become the first African nation to receive a financial reward for protecting its forests as part of international efforts to fight climate change, the government announced Tuesday. Gabon has received $17 million in recompense for successfully cutting its carbon emissions by reducing deforestation and forest degradation, the environment ministry said in a statement. The payment came “after independent experts verified Gabon’s results” showing that the country’s carbon emissions in 2016-17 had dropped compared with the annual figures for 2006-15.

The funds were delivered by the Central African Forest Initiative (CAFI), an organisation launched in 2015 by the United Nations and backed by international donors. The scheme provides financial incentives to Central African governments to pursue economic growth without harming the vast forests that cover much of the region. The world’s rainforests are seen as a vital weapon in the fight against climate change by sucking out carbon dioxide from the atmosphere. Gabon, where forests cover 90 percent of the territory, is home to some 18 percent of the Congo Basin forest, known as “the second lung of the planet” after the Amazon.

Under a 10-year deal signed with CAFI in 2019, Gabon is set to receive a total of $150 million if it meets its carbon-cutting targets. The small tropical country has pledged to cut its carbon emissions in half by 2025 from 2005 levels. The forests in Gabon alone “absorb a total of 140 million tonnes of CO2 each year, which is equivalent to removing 30 million cars from circulation throughout the world,” the environment ministry said. Gabon has been a leader in Central Africa in preserving its rainforests, creating 13 national parks since 2000 that cover around 11 percent of the country.

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For entertainment purposes only. Such an odd defense that Tucker can use it too.

A Court Ruled Rachel Maddow’s Viewers Know She Doesn’t Offer Facts (Greenwald)

In sum, ruled the court, Rachel Maddow is among those “speakers whose statements cannot reasonably be interpreted as allegations of fact.” Despite Maddow’s use of the word “literally” to accuse OAN of being a “paid Russian propaganda” outlet, the court dismissed the lawsuit on the ground that, given Maddow’s conduct and her audience’s awareness of who she is and what she does, “the Court finds that the contested statement is an opinion that cannot serve as the basis for a defamation claim.” What makes this particularly notable and ironic is that a similar argument was made a year later by lawyers for Fox News when defending a segment that appeared on the program of its highest-rated program, Tucker Carlson Tonight.

That was part of a lawsuit brought by the former model Karen McDougal, who claimed Carlson slandered her by saying she “extorted” former President Trump by demanding payments in exchange for her silence about an extramarital affair she claimed to have with him. McDougal’s lawsuit was dismissed in September, 2020, by Trump-appointed judge Mary Kay Vyskocil, based on arguments made by Fox’s lawyers that were virtually identical to those made by MSNBC’s lawyers when defending Maddow. In particular, the court accepted Fox’s arguments that when Carlson used the word “extortion,” he meant it in a colloquial and dramatic sense, and that his viewers would have understood that he was not literally accusing her of a crime but rather offering his own subjective characterizations and opinions, particularly since viewers understand that Carlson offers political commentary:

“Fox News first argues that, viewed in context, Mr. Carlson cannot be understood to have been stating facts, but instead that he was delivering an opinion using hyperbole for effect. See Def. Br. at 12-15. Fox News cites to a litany of cases which hold that accusing a person of “extortion” or “blackmail” simply is “rhetorical hyperbole,” incapable of being defamatory. . . .

In particular, accusations of “extortion,” “blackmail,” and related crimes, such as the statements Mr. Carlson made here, are often construed as merely rhetorical hyperbole when they are not accompanied by additional specifics of the actions purportedly constituting the crime. . . . Such accusations of crimes also are unlikely to be defamatory when, as here, they are made in connection with debates on a matter of public or political importance. . . . The context in which the offending statements were made here make it abundantly clear that Mr. Carlson was not accusing Ms. McDougal of actually committing a crime. As a result, his statements are not actionable.”

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Google’s monopoly is glaringly obvious. No probe needed.

EU Opens Antitrust Probe Into Google’s Online Ad Tech Business (F.)

The European Union on Tuesday opened a formal antitrust probe into Google to inspect whether the company violated the bloc’s competition rules by favoring its own online advertising technology over competing providers, in a move that follows a similar probe against Facebook earlier this month. The investigation will examine whether Google is distorting competition by restricting third parties from accessing user data for advertising purposes while using such data for its own service, according to a statement released by the European Commission. European Commission’s executive vice-president in charge of competition policy, Margrethe Vestager, said regulators are concerned that Google has made it harder for rival online ad services to compete.

Vestager also noted that the investigation will look into Google’s policies on user tracking to make sure they are in line with fair competition. The investigation will also look into the obligation to use Google’s ad manager when serving ads on YouTube, its plan to block third party cookies on Chrome and its plans to restrict access of advertising identifier information to third parties on Android devices where a user has chosen to opt-out of personalized advertising. The commission says it will take into account the need to protect user privacy under the EU’s data protection law but noted that it must ensure that all advertising market participants operate on a level playing field when it comes to protecting user privacy.

In a statement shared with Forbes, Google said their services are used by thousands of European businesses “because they’re competitive and effective” and it plans to answer the European Commission’s questions and demonstrate the benefits of its products. “Online advertising services are at the heart of how Google and publishers monetise their online services,” Vestager said. “Google is present at almost all levels of the supply chain for online display advertising. We are concerned that Google has made it harder for rival online advertising services to compete in the so-called ad tech stack.”

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“..if asset price increases, such as house price rises, were removed from the analysis, “then global household wealth may well have fallen..”

Millions Become Millionaires During Covid Pandemic (BBC)

More than five million people became millionaires across the world in 2020 despite economic damage from the Covid-19 pandemic. While many poor people became poorer, the number of millionaires increased by 5.2 million to 56.1 million globally, Credit Suisse research found. In 2020 more than 1% of adults worldwide were millionaires for the first time. Recovering stock markets and soaring house prices helped boost their wealth. Wealth creation appeared to be “completely detached” from the economic woes of the pandemic, the researchers said. Anthony Shorrocks, economist and author of the Global Wealth Report, said the pandemic had an “acute short term impact on global markets”, but added this was “largely reversed by the end of June 2020”.


“Global wealth not only held steady in the face of such turmoil but in fact rapidly increased in the second half of the year,” he said. However, wealth differences between adults widened in 2020, and Mr Shorrocks said if asset price increases, such as house price rises, were removed from the analysis, “then global household wealth may well have fallen”. “In the lower wealth bands where financial assets are less prevalent, wealth has tended to stand still, or, in many cases, regressed,” he said. “Some of the underlying factors may self correct over time. For example, interest rates will begin to rise again at some point, and this will dampen asset prices.” Total global wealth grew by 7.4%, the report said. Since the start of the 21st century, the number of people with wealth between $10,000 and $100,000 had more than tripled in size from 507 million in 2000 to 1.7 billion in mid-2020.

Read more …

 

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Jun 052021
 


Brassaï Cat 1945

 

Vaccine Spike Protein Travels From Injection Site, Can Cause Organ Damage (CHD)
Patent Filed For Covid Vaccine Just After Contagion Emerged (NYP)
Ok, Now We’re Done (Denninger)
State Department Officials Told Probing Wuhan Lab Opens Pandora’s Box (DM)
The Pentagon Gave $39 Million To Dr. Peter Daszak’s EcoHealth Alliance (DM)
Daszak In Charge Of The Lancet’s Task Force To Investigate COVID Origin (SN)
Biden Says He’s ‘Very Confident’ In Fauci After 1000s Of Emails Revealed (Fox)
The Rise and Fall of Dr. Fauci (Howie Carr)
What If the “Big Lie” Is the Big Lie? (Kunstler)
Biden Rejects New Republican Infrastructure Offer (R.)
US Judge Overturns California’s Ban On Assault Weapons (AP)
Facebook Faces Antitrust Investigation in EU, UK (HE)
‘Over Confident’ US Risks Going Down Same Path As Soviet Union – Putin (EN)

 

 

A rare photo of Schrödingers cat.

 

 

“Research obtained by a group of scientists shows the COVID vaccine spike protein can travel from the injection site and accumulate in organs and tissues including the spleen, bone marrow, the liver, adrenal glands and in “quite high concentrations” in the ovaries.”

Vaccine Spike Protein Travels From Injection Site, Can Cause Organ Damage (CHD)

COVID vaccine researchers had previously assumed mRNA COVID vaccines would behave like traditional vaccines. The vaccine’s spike protein — responsible for infection and its most severe symptoms — would remain mostly in the injection site at the shoulder muscle or local lymph nodes. But new research obtained by a group of scientists contradicts that theory, a Canadian cancer vaccine researcher said last week. “We made a big mistake. We didn’t realize it until now,” said Byram Bridle, a viral immunologist and associate professor at University of Guelph, Ontario. “We thought the spike protein was a great target antigen, we never knew the spike protein itself was a toxin and was a pathogenic protein. So by vaccinating people we are inadvertently inoculating them with a toxin.”

Bridle, who was awarded a $230,000 grant by the Canadian government last year for research on COVID vaccine development, said he and a group of international scientists filed a request for information from the Japanese regulatory agency to get access to Pfizer’s “biodistribution study.” Biodistribution studies are used to determine where an injected compound travels in the body, and which tissues or organs it accumulates in. “It’s the first time ever scientists have been privy to seeing where these messenger RNA [mRNA] vaccines go after vaccination,” Bridle said in an interview with Alex Pierson where he first disclosed the data. “Is it a safe assumption that it stays in the shoulder muscle? The short answer is: absolutely not. It’s very disconcerting.”

The Sars-CoV-2 has a spike protein on its surface. That spike protein is what allows it to infect our bodies, Bridle explained. “That is why we have been using the spike protein in our vaccines,” Bridle said. “The vaccines we’re using get the cells in our bodies to manufacture that protein. If we can mount an immune response against that protein, in theory we could prevent this virus from infecting the body. That is the theory behind the vaccine.” “However, when studying the severe COVID-19, […] heart problems, lots of problems with the cardiovascular system, bleeding and clotting, are all associated with COVID-19,” he added. “In doing that research, what has been discovered by the scientific community, the spike protein on its own is almost entirely responsible for the damage to the cardiovascular system, if it gets into circulation.” When the purified spike protein is injected into the blood of research animals, they experience damage to the cardiovascular system and the protein can cross the blood-brain barrier and cause damage to the brain, Bridle explained.

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Everything about this stinks.

Patent Filed For Covid Vaccine Just After Contagion Emerged (NYP)

A Chinese Communist Party military scientist who got funding from the National Institutes of Health filed a patent for a COVID-19 vaccine in February last year — raising fears the shot was being studied even before the pandemic became public, according to a new report. Zhou Yusen, a decorated military scientist for the People’s Liberation Army (PLA) who worked alongside the Wuhan Institute of Virology as well as US scientists, filed a patent on Feb. 24 2020, according to documents obtained by The Australian.

The patent -lodged by the “Institute of Military Medicine, Academy of Military Sciences of the PLA”- was filed just five weeks after China admitted there was human-to-human transmission of the virus, and months before Zhou died under mysterious circumstances, the report noted. “This is something we have never seen achieved before, raising the question of whether this work may have started much earlier”, Prof. Nikolai Petrovsky from Flinders University told the paper. Adding to the intrigue, Zhou later died under mysterious circumstances in May last year – something being looked into as part of the international investigation ordered by President Biden, the paper insisted. Despite being an award-winning military scientist, there were no reports or tributes, with him just listed as “deceased” in a Chinese media report in July and a December scientific paper.

Before working for the PLA, Zhou had strong ties to the US, doing postdoctoral research at the University of Pittsburgh School of Medicine and collaborating with the New York Blood Center, the report said. Zhou worked closely with the Wuhan lab at the heart of increasing international focus over its possible links to the pandemic, as well as its now-notorious “bat woman” lead scientist, Shi Zhengli, the report said. The close working relationship between the pair supports declassified US intelligence released in January that said the Wuhan lab was conducting “secret military activity,” The Australian said.

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Karl’s take on the article above.

Ok, Now We’re Done (Denninger)

“A Chinese Communist Party military scientist who got funding from the National Institutes of Health filed a patent for a COVID-19 vaccine in February last year — raising fears the shot was being studied even before the pandemic became public, according to a new report. Zhou Yusen, a decorated military scientist for the People’s Liberation Army (PLA) who worked alongside the Wuhan Institute of Virology as well as US scientists, filed a patent on Feb. 24 2020, according to documents obtained by The Australian.” So what do we now know? • China’s military was in fact involved at the Wuhan lab. It was not just a civilian operation. • The lab’s scientists knew not only the sequencing of the virus but in addition had a patentable way to create an alleged vaccine before the pandemic was public.

• It takes time to draft patents and figure them out. Quite a lot of time, in fact — not a couple weeks or months. • The PLA, China’s military, did file said patent with Zhou’s name on it. • It takes time to prove up patent material, including in the case of a vaccine. To patent something you must be able to demonstrate it; you cannot patent ideas, only embodiments of ideas. In that case you would have to prove immunogenicity which isn’t instantaneous; it takes weeks or even months to get through original science on this with animals and then humans, which means the date of knowledge was not February 24th it was months or even further before that.

• That means they were working on this even before that time because to work on a vaccine you have to know you must or would want to work on it in the first place. This in turn means they knew damn well there was a virulent virus in the wild prior to that date, or they released it or intended to release it into the wild on purpose. Nobody comes up with a vaccine for a virus you intend to and have confined entirely within a laboratory in animal or cell culture testing; that’s worthless. Without an isolate to create a vaccine for and a virus outside of a lab environment where vaccination becomes a “thing” that might be required and thus have value why would you do the work to create one?

What’s the timeline on all this? Many, many months or even a couple of years. That means either the virus was “out” for many months to a couple of years before February of 2020 (not a month or two) or the Chinese intended to release it in the fall of 2019. In either case the evidence is now overwhelming that this was not a virus that “magically appeared” one fine day in late December. That is not just improbable anymore — it is now, on the manifest weight of the evidence, impossible. Further, the person who filed the patent died under “mysterious circumstances.” Gee, I wonder why? Let me guess — did he shoot himself in the back of the head twice?

Next up is exactly what sort of vaccine patent we’re talking about here? Specifically how is it that the “stiffened” areas in the viral vector and mRNA shots we’re using in the US came to be known and proved up? How did Moderna and Pfizer know they needed to do that? That sort of study takes months if not years too, not days or weeks, to both come up with it and then prove it actually works as expected.

[..] Oh wait — the manufacturers didn’t bother with all of making sure it worked as expected, did they? Nope! It sort of works as expected. Yes, the shots produce antibodies – lots of them. But they also cluster in multiple organs where we were told it would not; we were told it would remain in the deltoid muscle where the injection was delivered. That it remained in the muscle was false; the science was not done and it appears we were just told it would do so without evidence. Now, due to a leaked document out of Japan we know the shots do not stay where intended and they bioaccumulate in other places, including the ovaries and spleen and yet this, which was a direct contravention of the predicate upon which the EUAs issued did not lead to immediate revocation. Oh no, the FDA doesn’t care when claims about where it is contained to in the body turn out to be false!

Read more …

Fauci, Daszak, PLA, CCP, Pentagon, we could go on.

State Department Officials Told Probing Wuhan Lab Opens Pandora’s Box (DM)

At least four State Department employees said in separate interviews that they repeatedly were ‘warned’ that an investigation into a possible COVID-19 leak from the Wuhan lab would ‘open Pandora’s Box;’ and reveal that the U.S. funded gain-of-function research there. It ‘smelled like a cover-up,’ Thomas DiNanno told Vanity Fair. DiNanno, the former acting assistant secretary of the State Department’s Bureau of Arms Control, Verification and Compliance, was one of four State Department officials who told Vanity Fair they wanted to investigate the possibility that COVID-19 spread after it escaped from the Wuhan lab. The others were David Asher, David Feith and Miles Yu. But they were muzzled by other State Department officials as well as the Bureau of International Security and Nonproliferation and even ‘ostracized,’ Yu told Vanity Fair.


The lab leak was touted by then-President Donald Trump and other right-wing leaders, but was deemed impossible by a ‘scientific consensus’ in a letter signed by 27 scientists, published on February 19, 2020 in the medical journal The Lancet. After that, the Wuhan lab theory was considered to be at best a conspiracy – some even considered it racist – so it wasn’t discussed as a realistic origin of COVID-19 until recently. Yu, the State Department’s principal China strategist, found the government’s and scientists’ silence ‘maddening,’ Vanity Fair reported. He said, ‘Anyone who dares speak out would be ostracized.’ Asher, now a senior fellow at the Hudson Institute who ran the State Department’s day-to-day COVID-19 origins inquiry, told Vanity Fair it became clear that ‘there is a huge gain-of-function bureaucracy’ inside the federal government.

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Plus $64.7 million from the US Agency for International Development (USAID), $13 million from Health and Human Services, $2.3 million from the Department of Homeland Security, and $2.6 million from the National Science Foundation.

The Pentagon Gave $39 Million To Dr. Peter Daszak’s EcoHealth Alliance (DM)

The Pentagon gave $39 million to a charity that funded controversial coronavirus research at a Chinese lab accused of being the source for Covid-19, federal data reveals. The news comes as the charity’s chief, British-born scientist Dr. Peter Daszak, was exposed in an alleged conflict of interest and back-room campaign to discredit lab leak theories. The charity, EcoHealth Alliance (EHA), has come under intense scrutiny after it emerged that it had been using federal grants to fund research into coronaviruses at the Wuhan Institute of Virology in China. The U.S. nonprofit, set up to research new diseases, has also partly funded deeply controversial ‘gain of function’ experiments, where dangerous viruses are made more infectious to study their effect on human cells.

A political storm broke when former president Donald Trump canceled a $3.7 million grant to the charity last year amid claims that Covid-19 was created in, or leaked from, the Wuhan lab funded by EHA. But federal grant data assembled by independent researchers shows that the charity has received more than $123 million from the government – from 2017 to 2020 – and that one of its biggest funders is the Department of Defense, funneling almost $39 million to the organization since 2013. Exactly how much of that money went toward research at the Wuhan Institute of Virology is unknown.

Grants from the Pentagon included $6,491,025 from the Defense Threat Reduction Agency (DTRA) from 2017 to 2020 with the description: ‘Understanding the risk of bat-borne zoonotic disease emergence in Western Asia.’ The grant was categorized as ‘scientific research – combating weapons of mass destruction.’ The news comes as the charity’s chief, British-born scientist Dr. Peter Daszak, was exposed in an alleged conflict of interest and back-room campaign to discredit lab leak theories The majority of the DoD funding came from the DTRA, a military branch with a mission to ‘counter and deter weapons of mass destruction and improvised threat networks.’ EHA also received $64.7 million from the US Agency for International Development (USAID), $13 million from Health and Human Services, which includes the National Institutes of Health and Centers for Disease Control, $2.3 million from the Department of Homeland Security, and $2.6 million from the National Science Foundation.

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He gets to lead everything, including the ivestigation into himself.

Daszak In Charge Of The Lancet’s Task Force To Investigate COVID Origin (SN)

Revered scientific journal The Lancet has created a ‘task force’ to investigate the origins of the coronavirus that caused a global pandemic, yet it has decided to employ as it’s leader the very guy who funded the dangerous gain of function research at the Wuhan lab and subsequently allegedly ‘bullied’ other scientists into avoiding looking into the lab as a potential source of the outbreak. In the wake of renewed scrutiny of the lab leak hypothesis, the Lancet’s task force will reportedly “focus on analyzing data on all of the theories put forward on the origins of COVID, on the reasons why SARS-CoV-2 was able to break out of Wuhan and spread globally, and on the most plausible strategies to prevent future pandemics.”

It also states that “The Task Force will review thoroughly and objectively all publicly available evidence, particularly the peer-reviewed literature, and conduct interviews with key leaders in science, medicine, policy and civil society.” ‘Objectively’. Right. Dr Peter Daszak, who is heading up this task force, is perhaps the least suitable scientist on the planet to objectively analyse the data, given his track record. Daszak, as President of the EcoHealth Alliance, shovelled at least $600,000 to the Wuhan Institute of Virology in the past few years to play around with coronaviruses inside the lab through the now infamous ‘gain of function’ research. Daszak, who also works for the World Health Organisation, is on record admitting that he was involved with manipulating coronaviruses.

Daszak notes that “coronaviruses are pretty good… you can manipulate them in the lab pretty easily… the spiked proteins drive a lot about what happens. You can get the sequence you can build the protein, we work with Ralph Baric at UNC to do this, insert into the backbone of another virus and do some work in a lab.” No wonder then that Daszak as lead investigator for the WHO investigation determined within 3 hours of visiting the Wuhan lab in February 2021 that there was ‘nothing to see here’?

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They’re stuck with each other, and with Daszak, PLA, CCP, Pentagon.

Biden Says He’s ‘Very Confident’ In Fauci After 1000s Of Emails Revealed (Fox)

President Biden said he is “very confident” in Dr. Anthony Fauci amid Republican attacks on his chief medical adviser after the revelation of thousands of his emails from the early days of the coronavirus pandemic. The president was updating reporters as he departed Rehoboth Beach, Del., and when he walked out of the room, one shouted to ask if he is “still” confident in Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases (NIAID). Moments later, Biden popped his head back in the room and said, “Yes, I am very confident in Dr. Fauci.” Fauci’s emails, which are heavily redacted, have prompted Republicans to demand answers from the NIAID director about why he did not more aggressively pursue the theory that coronavirus could have leaked from the Wuhan Institute of Virology (WIV) in China.


In one February 2020 email, he also said wearing a mask was “not really effective in keeping out the virus,” though the disease expert has already admitted he downplayed the effectiveness of masks in part so that supply would not run low for medical professionals. At the same time, Fox News has confirmed that State Department officials seeking to demand transparency from the Chinese government say they were explicitly told by colleagues not to explore the WIV’s gain-of-function research because it would bring unwelcomed attention to U.S. government funding of it. “We’ll let him speak for himself,” press secretary Jen Psaki said Thursday when asked about Fauci’s emails. “He’s been an undeniable asset in our country’s pandemic response,” Psaki said. “It’s obviously not that advantageous for me to relitigate the substance of emails from 17 months ago.”

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“These Fauci emails are certainly revealing, so revealing, in fact, that the Washington Post isn’t posting them.”

The Rise and Fall of Dr. Fauci (Howie Carr)

“Fauci Lied, People Died.” If you still occasionally run into some unrepentant Karen glaring at your unmasked following-the-science face, just scrawl the above words on your raggedy mask and wear it one final time. Karen won’t bother you anymore, because what can Karen say after the release of all the Fauci emails from last year? Dr. Anthony Fauci, a hack’s hack since 1968, is many things, but on the level is not one of them. Consider his response to a February 2020 email from a Cornell University professor of medicine who wrote him: “We think there is a possibility that the virus was released from a lab in Wuhan.” Fauci responded by forwarding the prescient warning to one of his minions: “Please handle.” A month later, a government-funded physicist sent Fauci a warning that China was sending out false data, among other things.

Once again, Fauci dismissively fobbed off this 911 call to an underling: “Too long for me to read.” Of course it was. You know how hard it is to concentrate on scientific data when you’re in the green room having the makeup applied for your third or fourth TV live shot of the day. Especially when you’re 80 years old. These Fauci emails are certainly revealing, so revealing, in fact, that the Washington Post isn’t posting them. Almost as revealing are the endless redactions, as if there’s some national security issue here when he’s been pitched by Mark Zuckerberg of Facebook. Fauci is still being defended by the Democrat operatives with press passes — the “serious people,” as ABC hack Jonathan Karl described his fellow cheerleaders last week. But the reality is, his upcoming so-called book, which at 80 pages is almost as short as he is (67 inches high), was pulled this week from the two biggest online booksellers, five months ahead of its publication date.

The publisher claimed that “Expect the Unexpected” had been “prematurely posted.” Yeah, right. At least Gov. Andrew Cuomo had his abysmal $5.1-million COVID tome published before he was busted as a total fraud. Fauci’s book got torched before it even reached the public. The publisher’s sell sheet described him as “one of the world’s greatest medical minds,” but now he ends up the same authorial class as O.J. Simpson and Clifford Irving — their faux books didn’t make it out of the gate either. Fauci joins the long list of great anti-Trump saviors who have been, you’ll pardon the expression, debunked. Like, say, Michael Avenatti, Michael Cohen, Omarosa, Mary Trump, Robert Mueller, Christine Blasey Ford, Julie Swetnick, Lt. Col. Vindman, etc.

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“All Joe Biden’s handlers can do now is fade Dr. Fauci out, keep him off the cable channels, and hope the public can be distracted with some new nonsense.”

What If the “Big Lie” Is the Big Lie? (Kunstler)

Maybe now that Dr. Tony Fauci has begun to spill the beans on his doings in service to the Wuhan virology lab, the phrase “conspiracy theory,” flogged by the media as jauntily and incessantly as by the soviet kommissars of yore, will have worn out its welcome. In a sane polity, Dr. Fauci would be cooked. He looks circumstantially like an epic villain of history, who promoted and funded dangerous research activities knowingly, which led to an international disaster that killed millions of people and destroyed countless livelihoods and households, perhaps even the whole global economy, when all is said and done — and he appears to have lied at every step along the way. As a practical matter, what is the “Joe Biden” admin going to do about him? Throw him under the bus? I don’t think they can at this point.

Dr. Fauci has come to represent not just the falsehoods employed around the Covid-19 fiasco but more generally the long campaign against truth itself by a grossly illiberal Jacobin Democratic Party seemingly out to punish and destroy Western Civ. Whether the Covid-19 pandemic was an overt tactic in that campaign, or just the result of Dr. Fauci’s catastrophic bad judgment, remains to be revealed. But at least half the country will conclude that there’s some connection between the terrible losses suffered in the pandemic year and the political bullshit they were force-fed in the four-year effort to defenestrate Donald Trump. All Joe Biden’s handlers can do now is fade Dr. Fauci out, keep him off the cable channels, and hope the public can be distracted with some new nonsense. You also have good reason to doubt that Merrick Garland will do anything but look the other way and whistle.

The downfall of Dr. Fauci is a watershed moment. There were so many more authorities caught lying over the past five years, but who got off scot-free — Hillary Clinton, Barack Obama, James Comey (actually, the whole FBI and DOJ E-suites), John Brennan, James Clapper, Robert Mueller, Andrew Weissman, Adam Schiff, and the editors and producers of the news media, plus the execs of social media — who not only disabled the truth at every opportunity, but just about destroyed the public’s grip on reality.

The result has been an utter collapse of authority in this land, so that now nobody who runs anything is credible, from the current pitiful president of the USA, to most elected and appointed officials, judges, corporate CEOs, college deans and presidents, and now “The Science” itself. Just remember: there is still a sizable faction in America of people who are deeply interested in ascertaining the truth about a lot of things. They are aiming to get at it, too, for example, the truth about the 2020 election. Maybe now you can begin to see why this is important.

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Boondoggle.

Biden Rejects New Republican Infrastructure Offer (R.)

President Joe Biden and Republicans entered the weekend sharply at odds over how to craft an infrastructure deal that could satisfy their camps, imperiling the odds of a bipartisan deal. Democrat Biden shot down a new proposal from the main Republican negotiator on infrastructure, Senator Shelley Moore Capito, that increased spending by about $50 billion over their last offer, the White House said. Biden rejected the offer, saying it “did not meet his objectives to grow the economy, tackle the climate crisis, and create new jobs.” Republicans had previously offered roughly $257 billion in new spending, short of the $2.25 trillion Biden initially offered and suggested he might bring down to as low as $1 trillion.


And while the two sides agreed to speak again on Monday, the White House also strongly signaled that they may seek a path forward with other Republican lawmakers or even with only Democrats. “He indicated to Senator Capito that he would continue to engage a number of Senators in both parties in the hopes of achieving a more substantial package,” White House spokeswoman Jen Psaki said in a statement. Up until now, Capito has been Biden’s primary negotiating partner. Monday’s conversation will be their third in a week. Biden is eager to show that he made a good-faith effort at a bipartisan deal, sources said, but he risks creating division among Democrats, some who believe he is giving up too much to Republicans. Democrats hold narrow majorities in both the House of Representatives and Senate.

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This guy likes the arms a bit too much.

US Judge Overturns California’s Ban On Assault Weapons (AP)

A federal judge Friday overturned California’s three-decade-old ban on assault weapons, ruling that it violates the constitutional right to bear arms. U.S. District Judge Roger Benitez of San Diego ruled that the state’s definition of illegal military-style rifles unlawfully deprives law-abiding Californians of weapons commonly allowed in most other states and by the U.S. Supreme Court. “Under no level of heightened scrutiny can the law survive,” Benitez said. He issued a permanent injunction against enforcement of the law but stayed it for 30 days to give state Attorney General Rob Bonta time to appeal. Gov. Gavin Newsom condemned the decision, calling it “a direct threat to public safety and the lives of innocent Californians, period.”


In his 94-page ruling, the judge spoke favorably of modern weapons, said they were overwhelmingly used for legal reasons. “Like the Swiss Army knife, the popular AR-15 rifle is a perfect combination of home defense weapon and homeland defense equipment. Good for both home and battle,” the judge said in his ruling’s introduction. That comparison “completely undermines the credibility of this decision and is a slap in the face to the families who’ve lost loved ones to this weapon,” Newsom said in a statement. “We’re not backing down from this fight, and we’ll continue pushing for common sense gun laws that will save lives.”

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“Are you watching, America?”

Facebook Faces Antitrust Investigation in EU, UK (HE)

The United Kingdom and European Union opened formal antitrust investigations into Facebook’s classified-ads service, Marketplace. Both the European Commission and the U.K.’s Competition and Markets Authority said Friday they are investigating whether Facebook revamps data gathered from advertisers who buy ads in order to give illegal advantages to its own services, the Wall Street Journal reports. The cases look specifically at how Facebook uses the data it collects, and whether that would put the company at an advantage in the promotion of its own services in neighboring markets. The U.K. is also investigating whether Facebook uses advertiser data to give similar advantages to its online-dating service. “In today’s digital economy, data should not be used in ways that distort competition,” said Margrethe Vestager, the EU’s antitrust chief.


A Facebook spokesman said its services will “continue to cooperate fully with the investigations to demonstrate that they are without merit.” Though the EU has been informally investigating the Big Tech giant for some time, if the Commission or the U.K.’s CMA finds evidence of any wrongdoing, they can then file formal charges. The new cases are part of a new series of antitrust enforcements throughout Europe. The European Commission filed formal charges against Apple last month for abusing its control over the distribution of music-streaming apps, including Spotify. In November, the EU also filed formal charges against Amazon for using nonpublic data gathered from third-party sellers to unfairly compete against them. Are you watching, America?

Read more …

“We don’t have any issues with the U.S. But it has an issue with us..”

‘Over Confident’ US Risks Going Down Same Path As Soviet Union – Putin (EN)

Russian President Vladimir Putin on Friday accused Europe and the U.S. of hypocrisy over criticism of the response to anti-government protests in Russia and Belarus and warned that America was at risk of following the path of the Soviet Union. In a speech at an economic forum in St. Petersburg, Putin discussed Russia’s relations with the U.S. ahead of a meeting with President Joe Biden, describing them as “at an extremely low level now.” He criticised sanctions against Russia as well as allegations that Moscow interfered in the U.S. election and said that Washington and Europe had double standards in criticising the police crackdown against protesters in Moscow and Belarus in recent months. “We don’t have any issues with the U.S. But it has an issue with us,” he said.

“It wants to contain our development and publicly talks about it. Economic restrictions and attempts to influence our country’s domestic politics, relying on forces they consider their allies inside Russia, stem from that.” Ties between Russia and the U.S. have sunk to post-Cold War lows over Moscow’s 2014 annexation of Crimea, accusations of Russian interference in elections, and cyberattacks that U.S. officials allege had Russian origins. Putin reiterated that Russia rejects accusations of interfering in U.S. presidential elections, and he spoke critically of the U.S. response to the Capitol attack, which took place as Congress prepared to certify that Biden had defeated then-President Donald Trump in November.

“They weren’t just a crowd of robbers and rioters. Those people had come with political demands,” he said. Putin pointed out that the heavy charges against hundreds of participants in the attack were filed even as the U.S. and its allies strongly criticized Belarus’ crackdown on anti-government protests. He charged that even as the West has criticized Russian authorities for a harsh response to anti-Kremlin demonstrations, protesters in Europe have faced an even tougher police response, with some shot in the eye by what he mockingly called “democratic rubber bullets.” Later, during a call with journalists, Putin criticised the United States as being overconfident and drew a parallel with the Soviet Union.

“You know what the problem is? I will tell you as a former citizen of the former Soviet Union. What is the problem of empires — they think that they are so powerful that they can afford small errors and mistakes,” he said. “But the number of problems is growing. There comes a time when they can no longer be dealt with. And the United States, with a confident gait, a firm step, is going straight along the path of the Soviet Union.”

Read more …

 

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Jun 042021
 


Pieter Bruegel the Elder Dulle Griet, also known as Mad Meg 1563

 

Inside the Fight to Uncover COVID-19’s Origins (Vanity Fair)
How Amateur Sleuths Broke the Wuhan Lab Story and Embarrassed the Media (NW)
Fauci Kept Funding Daszak’s Experiments after Trump Canceled Grant (NF)
Fauci Defends China, Doubles Down On Animal Origins Of Covid (DM)
Ex-CDC Director Threatened For Saying Covid-19 Likely Originated In A Lab (DM)
Where’s The Tar and Feathers? (Denninger)
Covid-19 Cases Hit Lowest Point In US Since Pandemic Began (Axios)
EU Purchases Its First Monoclonal Antibodies Cocktail For Covid-19 (RT)
The Netherlands Used Children As A Weapon In The Fight Against Corona (AD)
Delhi Reports Over 1,000 Cases Of ‘Black Fungus’ Amid Shortage Of Drugs (RT)
Nord Stream 2 To Cost Kiev $3 Billion In Transit Fees A Year – Zelensky (RT)
Russia’s $186 Billion Sovereign Wealth Fund Dumps All Dollar Assets (ZH)

 

 

When both Vanity Fair and Newsweek come out with in-depth articles about the very same topic (in this case how the DRASTIC group reported the lab leak theory), at the very same moment, that makes me nervous.

What also makes me nervous is the one-dimensional attention for Fauci. Much as I dislike the man, it starts to feel as if others are hiding behind him.

 

 

“Ivermectin is an off-patent drug that is one of the most widely used drugs in the world, and we know it is able to reduce Covid-19 symptoms at any stage of the disease by about 90%, so there is no need for vaccines.”

– Michael Yeadon, former CSO of Pfizer

 

 

 

Kory

 

 

“The idea of a lab leak first came to NSC officials not from hawkish Trumpists but from Chinese social media users..”

Inside the Fight to Uncover COVID-19’s Origins (Vanity Fair)

The idea of a lab leak first came to NSC officials not from hawkish Trumpists but from Chinese social media users, who began sharing their suspicions as early as January 2020. Then, in February, a research paper coauthored by two Chinese scientists, based at separate Wuhan universities, appeared online as a preprint. It tackled a fundamental question: How did a novel bat coronavirus get to a major metropolis of 11 million people in central China, in the dead of winter when most bats were hibernating, and turn a market where bats weren’t sold into the epicenter of an outbreak? The paper offered an answer: “We screened the area around the seafood market and identified two laboratories conducting research on bat coronavirus.”

The first was the Wuhan Center for Disease Control and Prevention, which sat just 280 meters from the Huanan market and had been known to collect hundreds of bat samples. The second, the researchers wrote, was the Wuhan Institute of Virology. The paper came to a staggeringly blunt conclusion about COVID-19: “the killer coronavirus probably originated from a laboratory in Wuhan…. Regulations may be taken to relocate these laboratories far away from city center and other densely populated places.” Almost as soon as the paper appeared on the internet, it disappeared, but not before U.S. government officials took note.

By then, Matthew Pottinger had approved a COVID-19 origins team, run by the NSC directorate that oversaw issues related to weapons of mass destruction. A longtime Asia expert and former journalist, Pottinger purposefully kept the team small, because there were so many people within the government “wholly discounting the possibility of a lab leak, who were predisposed that it was impossible,” said Pottinger. In addition, many leading experts had either received or approved funding for gain-of-function research. Their “conflicted” status, said Pottinger, “played a profound role in muddying the waters and contaminating the shot at having an impartial inquiry.”

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The bat lady returns.

How Amateur Sleuths Broke the Wuhan Lab Story and Embarrassed the Media (NW)

If there is a moment when the DRASTIC team coalesced into something more than its disparate parts, it would be this thread. In real time, for all the world to see, they worked through the data, tested various hypotheses, corrected each other, and scored some direct hits. The key facts quickly came together. The genetic sequence for RaTG13 perfectly matched a small piece of genetic code posted as part of a paper written by Shi Zhengli years earlier, but never mentioned again. The code came from a virus the WIV had found in a Yunnan bat. Connecting key details in the two papers with old news stories, the DRASTIC team determined that RaTG13 had come from a mineshaft in Mojiang County, in Yunnan Province, where six men shoveling bat guano in 2012 had developed pneumonia. Three of them died.

DRASTIC wondered if that event marked the first cases of human beings being infected with a precursor of SARS-CoV-2—perhaps RaTG13 or something like it. In a profile in Scientific American, Shi Zhengli acknowledged working in a mineshaft in Mojiang County where miners had died. But she avoided connecting it to RaTG13 (an omission she had made in her scientific papers as well), claiming that a fungus in the cave had killed the miners.

[..] One of those scientists was Alina Chan, a molecular biologist at the Broad Institute of MIT and Harvard who recognized the value of the information DRASTIC was producing and began to interpret it for scientists and nonscientists alike in crisp explainers on Twitter that made her a star science communicator. Chan acknowledged the group’s accomplishments in a long thread on Twitter. “Without the work done by the DRASTIC team, I don’t really know where we would be today with the origins of covid-19,” she wrote, adding, “The work of these outsiders…has had a measurable impact on the scientific discourse.” That scientific discourse jumped tracks on January 6, 2021, when the University of Washington virologist Jesse Bloom, one of the country’s most respected COVID-19 researchers, became the first major scientific figure to publicly legitimize DRASTIC’s contributions.

“Yes, I follow the work,” he tweeted, sending tremors through the scientific establishment. “I don’t agree [with] all of it, but some parts seem important & correct.” Bloom singled out Mona Rahalkar’s paper on the Mojiang mine, then added that in the early days of the pandemic, “I thought lab escape very unlikely. Based on subsequent work, I now say quite plausible.” Other scientists pressured Bloom to reconsider, but he held his ground, and the wall of silence began to crumble. In May, 17 scientists from Harvard, Yale, MIT, Stanford, and other leading institutions, including Chan, joined Bloom in a letter in Science calling for a thorough investigation of the Wuhan lab. On nearly the same day, The Seeker struck again. Visiting a database hosted by China’s Ministry of Science and Technology, he searched for all theses supervised by Shi Zhengli. Boom. Three hits. “I got it on my first try,” he says. “Not sure why no one else thought of this before, but I guess no one was looking.”

If there had been any remaining doubt about the WIV’s pattern of deception, these new theses put it to rest. They indicated that the WIV researchers had never believed a fungus had killed the Mojiang miners, contradicting Shi’s remarks in Scientific American and elsewhere. In fact, WIV researchers had been so concerned about a new SARS-like outbreak that they’d tested the blood of neighboring villagers for other cases. And they had known the genetic sequences for the eight other SARS-like viruses from the mine—which could have helped researchers to understand more about SARS-CoV-2 in the early days —long before the pandemic started, and had kept the information to themselves, until DRASTIC called them out.

Read more …

THIS should be investigated. Fauci as a state within a state.

Fauci Kept Funding Daszak’s Experiments after Trump Canceled Grant (NF)

Peter Daszak, who studied controversial “gain of function” experiments on coronavirus elements in Wuhan, received $7.5 million from Anthony Fauci after Trump cancelled his grant. Last April, reports emerged that the EcoHealth Alliance, an organization run by one Peter Daszak, was involved in funding and collaborating with the Wuhan Institute of Virology, where researchers were examining coronaviruses extremely similar to the one behind the COVID-19 outbreak, and allegedly engaging in “gain of function” research relating to them. In an April 17th press conference, President Trump confirmed that a grant worth around $3.7 million since 2015 given to Daszak’s group by the National Institute for Health would be ended “very quickly” following the reports.

Only one week later on April 24th, all future funding for the EHA was cut, and they were ordered to stop spending the $369,819 remaining from its 2020 grant. “At this time, NIH does not believe that the current project outcomes align with the program goals and agency priorities,” Michael Lauer, the agency’s deputy director for extramural research, wrote in a letter to EcoHealth Alliance officials. From within the treasure trove of 3,200 pages of emails obtained from Anthony Fauci, one email can be found from Daszak, who thanked Fauci for dismissing the lab leak theory as being simply conspiratorial the day after President Trump announced the funding would be cut.

[..] Only a few months later in August, Fauci, who along with being put in charge of America’s response to COVID-19, is the director of the National Institute of Allergies and Infectious Diseases, which is part of the NIH, helped confirm that Daszak’s organization would receive a new grant of $7.5 million to study coronaviruses as part of a new network. The CREID network, which contains 11 institutions including the EHA, “coincidentally” will continue to study the emergence of coronaviruses in Southeast Asia. Fauci said that the network will help “enable early warnings of emerging diseases wherever they occur, which will be critical to rapid responses,” while Daszak boasted that they will be working in rural hospitals, according to a statement, “in remote parts of Malaysia and Thailand to get to the front line of where the next pandemic is going to start.”

Video of Anthony Fauci announcing “NIH Lifts Funding Pause on Gain-Of-Function Research” at a NIAID Advisory Council meeting on January 29, 2018.

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That train has passed.

Fauci Defends China, Doubles Down On Animal Origins Of Covid (DM)

Dr. Anthony Fauci doubled down on claims that the coronavirus likely originated from an animal then was transmitted to humans in a Thursday morning interview on CNN, despite increasing speculation that it leaked from a China lab. Fauci, who served under former President Trump and President Joe Biden, continues to fight the idea that he downplayed theories that the virus originated in the Wuhan Institute of Virology after a trove of emails exchange at the beginning of the pandemic revealed he was warned about a potential lab leak. ‘I have always said and will say today to you … that I still believe the most likely origin is from an animal species to a human,’ Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases, said Thursday on CNN.

Although he said he’s keeping an open mind about the possibility of a lab leak, Fauci said it was ‘far-fetched’ to think the Chinese would kill their own people. ‘The idea, I think, is quite far-fetched that the Chinese deliberately engineered something so that they could kill themselves, as well as other people. I think that’s a bit far out.’ In a separate Thursday morning interview on MSNBC, Fauci said they want to definitively find the cause of the coronavirus pandemic – whatever that origin is – but pointing the finger at China isn’t going to help. ‘It’s in China’s interest to find out exactly what it is,’ Fauci said. ‘Obviously, you want openness and cooperation. One of the ways to get it is not to be accusatory. Try to get a forensic, scientific and investigational approach. I think the accusatory part about it is only going to make (China) pull back more.’

Fauci was asked during the MSNBC interview if he thought it was in China’s best interest to hide information if the origin was a lab leak or if it was designing a weapon. He sidestepped, saying no matter what he says, ‘it will be taken completely out of context,’ which he said has already happened after more than 3,200 of his emails from January to June 2020 were obtained and published by Buzzfeed on Tuesday. The emails showed leading virus experts warned him COVID-19 may have been created in a lab while he publicly played such claims down.

GoF

Read more …

“The former director of the Centers for Disease Control received death threats from fellow scientists..”

Ex-CDC Director Threatened For Saying Covid-19 Likely Originated In A Lab (DM)

The former director of the Centers for Disease Control received death threats from fellow scientists after he said during a TV interview that he believed COVID-19 originated in a lab, according to an interview released Thursday. Robert Redfield, who served as the CDC director under Donald Trump when the pandemic began, told CNN on March 26 that he thought the most likely ‘etiology of this pathogen in Wuhan was from a laboratory – you know, escaped.’ He said he wasn’t insinuating that there was ill intent, but that was his opinion. After that 10-second sound bite, he told Vanity Fair he was ‘threatened and ostracized because I proposed another hypothesis.’ At the time, the Wuhan lab leak was widely considered a ‘fringe theory’ at best, in favor of transmission from an animal to a human.

The Vanity Fair article said ‘death threats flooded his inbox’ from strangers who said he was being racist to prominent scientists, even some he considered friends. One told him to ‘wither and die,’ Vanity Fair reported. ‘I expected it from politicians. I didn’t expect it from science,’ Redfield said. Stephen Goldstein, an evolutionary virologist at the University of Utah, wrote an opinion piece on Webpagetoday on April 5 shooting down Redfield’s assertions on CNN. ‘Questions are undoubtedly going to persist about the origin of SARS-CoV-2 until, and if, a definitive answer is uncovered (and perhaps beyond),’ Goldstein wrote. ‘Until then, it’s imperative that leaders in science, public health, and government continue to call for rigorous study and stick to the science of viral evolution and viral ecology in their public commentary. ‘One of the fundamental principles of a life in science is to admit what you don’t know, and never be afraid to look it up. That’s where Redfield falls short, unfortunately on a big stage.’

[..] The magazine outlined the first moments Redfield heard about a mysterious new pneumonia affecting people in a Wuhan market from Dr. George Fu Gao, head of the Chinese CDC, on January 3, 2020. Redfield told Vanity Fair that he thought it was odd that family clusters were getting sick, and Gao later told Redfield that many cases had nothing to do with the market. That’s when it became apparent the virus was jumping from person to person, and Redfield told Vanity Fair he immediately thought of the Wuhan Institute of Virology. He wanted to send researchers to the facility to rule it out, but the Chinese didn’t allow it, Vanity Fair reported. ‘A team could rule it out as a source of the outbreak in just a few weeks, by testing researchers there for antibodies,’ according to Vanity Fair.

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“All you need is for an entire profession involved in some very dangerous research to realize that they ****ed up and believe that through their ****up one percent or more of the population in their nation is about to die..”

Where’s The Tar and Feathers? (Denninger)

The so-called “MSM” isn’t even debating these parts of the email dump — they’re playing Ostrich instead, hoping they can bury it by “touting” all the “pressure” that was seen in the trove while ignoring that the archive damns not one man but entire professions including the vaccine/pharma connection. Yes, there is even evidence that the intentional refusal to look at and use existing drugs and the “decision” on how they were going to deal with this goes back that far, before the first American died. Bluntly put these people didn’t just ignore the evidence that accumulated by the summer months they literally ignored it all the way back to the start and thus it can be reasonably argued they are personally responsible for all of the deaths. If you want to know how you generate international hysteria you don’t need some cabal pulling a puppet string.

All you need is for an entire profession involved in some very dangerous research to realize that they ****ed up and believe that through their ****up one percent or more of the population in their nation is about to die with nothing they can do about it, and if it gets pinned on them as it should since they caused it every one of them deserves to be swinging from a rope. Oh, incidentally, Fauci also knew that masks in the general population were worthless. He pointed this out directly; that the virus was too small and would go right though it. His own words folks, as I’ve repeatedly pointed out but cannot say as “it’s against the consensus of experts”, according to Google, Facebook, Twitter and others, without being de-monetized, having videos pulled and risking being banhammered.

Now we know factually that Fauci stated this himself, so now the media and other “tech companies” are enforcing a position that the so-called “expert” generated with an intentional lie and they’ve maintained and forced that intentional lie for a year and are continuing to do so to this day. Now you know how the hysteria, cover-ups and outright lying happened. Now contaminate that with pharma money and you get what we’re doing now.

Read more …

This reads like a vaccine ad. “..the virus really is under control, nationwide and in every state, thanks almost entirely to the vaccines.”

But remember this graph, and remember they refused to use HCQ and ivermectin.

Covid-19 Cases Hit Lowest Point In US Since Pandemic Began (Axios)

The U.S. has brought new coronavirus infections down to the lowest level since March 2020, when the pandemic began. Nearly every week for the past 56 weeks, Axios has tracked the change — more often than not, the increase — in new COVID-19 infections. Those case counts are now so low, the virus is so well contained, that this will be our final weekly map. The U.S. averaged roughly 16,500 new cases per day over the past week, a 30% improvement over the week before. New cases declined in 43 states and held steady in the other seven. The official case counts haven’t been this low since Americans went into lockdown in March last year — when the pandemic was still new, no one knew how long this would go on, and inadequate testing meant that cases were undercounted.

Overall, roughly 33 million Americans — about 10% of the population — have tested positive for COVID-19. About 595,000 people have died from the virus in the U.S., making it deadlier for Americans than the past 80 years of wars and other armed military conflicts combined, including World War II. The U.S. largely failed to contain the virus until the vaccines arrived. Cities and businesses began shutting down last March. From there, the virus rolled into a second wave last summer, when cases climbed to over 65,000 per day, on average, and hospitals in many parts of the country said they were overwhelmed. That failure was then eclipsed in the winter, when hundreds of thousands of people per day were contracting the virus and deaths climbed over 3,000 per day for about a month.

But now, the virus really is under control, nationwide and in every state, thanks almost entirely to the vaccines. Just over half of American adults are now fully vaccinated, according to the CDC. Cases and deaths are still soaring around the world, especially in the developing world, and the Biden administration is facing consistently mounting pressure to export more vaccines, now that the U.S. has contained the virus. The U.S. was never able to control the virus without vaccines, and it still can’t. The risk is still about as high as it’s ever been for unvaccinated people, as the Washington Post recently reported. An average of about 500 Americans per day are still dying from COVID-19, almost all of them unvaccinated.

There will still be some localized outbreaks in the U.S., especially in areas where relatively few people are vaccinated. But they will likely be small, and vaccinated people will be protected. Over time, the immunity from vaccines will likely wane, which, together with new variants of the virus, will likely require booster shots to stay ahead of another outbreak. For now, though, the U.S. has finally gotten the virus down to a level that just about every expert agrees is safe. Fewer than 20,000 cases per day, spread across the U.S. population of 331.5 million people, is a relatively low number of cases, and that number continues to improve across the board.

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Why not simply get ivermectin? Too cheap?

EU Purchases Its First Monoclonal Antibodies Cocktail For Covid-19 (RT)

The European Union has announced the purchase of 55,000 doses of the Roche-Regeneron Covid-19 drug, marking its first foray into potential treatments involving a cocktail of monoclonal antibodies. The EU announced it secured the shipment of the doses on Wednesday, as the bloc seeks to expand its portfolio of drugs and explores potentially promising treatments that can help in the fight against the virus. The deal was agreed earlier this year but the details were only confirmed on Thursday by an EU spokesperson, who said 55,000 doses of the single-shot treatment had been purchased. Roche stated that the company’s contract will cover 37 countries in Europe, including the UK and other non-EU nations. The cost of the shipment has not been made public by the EU or the pharmaceutical companies.


While the deal agreed between the companies and the EU is for the drug’s infusion version, there is also a shot that has been tested and developed. The Roche-Regeneron treatment is still awaiting formal approval from the European Medicines Agency (EMA) before the shipment is dispatched, with formal authorization expected between August and October 2021. The EMA is currently in the process of conducting a rolling review of preliminary data. The Roche-Regeneron Covid-19 treatment has already been granted emergency US approval for patients with mild to moderate symptoms, with Washington ordering 1.5 million doses. The monoclonal antibodies treatment seeks to replicate or boost the body’s natural immune response, helping to support Covid-19 patients who are at high risk of developing severe disease.

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Google translate. Holland closed schools not to protect children, but to make parents stay home. Think about how crazy that is.

The Netherlands Used Children As A Weapon In The Fight Against Corona (AD)

Due to the Dutch corona policy to close schools and thus keep parents at home, children have been used as a means to fight the epidemic. Our cabinet receives that hard slap on the fingers today in the annual worldwide children’s rights report, the KidsRights Index. According to the makers, the Netherlands has set a very bad example internationally, by not even trying to keep schools open safely. With all the consequences that entails for the mental health of our youth. The corona guidelines from the UN Committee on the Rights of the Child have also been neglected. Youth has not been given any priority in Dutch policy, it sounds.

Statements by corona minister Hugo de Jonge, dated mid-December 2020, are presented as proof. Then De Jonge indeed mentioned on television as the reason why the cabinet decided to close the schools, that parents with children sitting at home will therefore start working from home more quickly. When parents take their children to school, that is another moment of contact, De Jonge explained at the time. “And we also learned from the first wave, when the schools were also closed, that the fact that primary education does not provide physical education also ensures that parents adhere better to another advice, namely: work from home as much as possible. ”, said the minister at the time.

“Children’s rights have been put in second place by the cabinet during corona time,” Marc Dullaert, founder of the international children’s rights organization KidsRights, now told this site. “They were the ankle bracelet for parents. These had to be kept at home in order to effectively fight the epidemic. At the expense of their mental health.” In the first phase, when everyone was looking for the right approach, this was understandable according to Dullaert. ,,But De Jonge’s statements came at a time when it was really no longer acceptable, in the second phase. And other countries – such as Belgium and Sweden – have done everything they can to keep the schools open, so there were alternatives on the table.”

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“..it has a fatality rate of around 54%..”

Delhi Reports Over 1,000 Cases Of ‘Black Fungus’ Amid Shortage Of Drugs (RT)

The number of cases of so-called black fungus, or mucormycosis, has almost doubled in Delhi over the past seven days, reaching 1,044 infections, the local health minister has said. The disease has particularly affected India’s Covid patients. A further 440 people have been diagnosed in the city since last week, when the number of afflicted patients stood at 600. Health minister Satyendra Jain said on Thursday that 89 people had succumbed to the disease in Delhi to date, while 92 others had recovered. The shortage of drugs to treat mucormycosis still remained a problem for the city of 29 million, the minister added. Cases of black fungus have been on the rise in India during the harsh second wave of the coronavirus pandemic.


As of May 25, the country saw 11,700 infections, which prompted several states to declare mucormycosis an epidemic. It also soon became clear that the health authorities didn’t have sufficient quantities of the antifungal drug Amphotericin B for the number of patients. Capitalizing on the weakened immune system in Covid sufferers, the fungi most commonly enter the human body through the nose and mouth before spreading to the lungs, heart, or brain. Its symptoms include facial swelling and black lesions – hence its name – and it has a fatality rate of around 54%. The spike in black fungus incidences among Indian coronavirus patients has been largely linked to the steroids and anti-inflammatory drugs prescribed during their treatment for Covid-19.

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The US did this to Ukraine.

Nord Stream 2 To Cost Kiev $3 Billion In Transit Fees A Year – Zelensky (RT)

The completion of the controversial Nord Stream 2 project will deprive Ukraine of about $3 billion annually, with the country’s pipelines no longer necessary for the transportation of Russian gas to Western Europe. That’s according to Ukrainian President Volodymyr Zelensky, who told a delegation from the US Congress that America should do what it can to prevent Nord Stream 2 from being completed. Once finished, the pipeline will connect Germany directly to Russia via the Baltic Sea. It aims to protect Berlin’s energy security and make the process less reliant on third countries transiting gas, thereby lowering the price. As things stand, according to Deputy Prime Minister Alexander Novak, around 100km remains to be completed, which should be achieved by the end of 2021.


“Only the United States and the administration of President Joe Biden can prevent the completion and commissioning of Nord Stream 2,” Zelensky explained. “Nord Stream 2 will disconnect Ukraine from gas supplies, which means ‘disconnecting’ us from at least $3 billion a year… We will have nothing to pay for the Ukrainian Army.” According to the Ukrainian leader, without this money, the country will no longer have a “powerful and well-supplied army” to continue “defending Europe and European values.” The construction of Nord Stream 2 has been significantly hindered by US sanctions, with Washington imposing numerous packages of measures against companies involved in the building, maintenance, insurance, and certification of the project. The American authorities have claimed that its completion would “undermine Europe’s overall energy security and stability.” However, some have accused the Americans of opposing the pipeline for economic reasons, as the country looks to increase its exports of liquefied natural gas to the continent.

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They’ll move into gold.

Russia’s $186 Billion Sovereign Wealth Fund Dumps All Dollar Assets (ZH)

Following a series of corporate cyberattacks that American intelligence agencies have blamed on Russian actors, Russia’s sovereign wealth fund (officially the National Wellbeing Fund) has decided to dump all of its dollars and dollar-denominated assets in favor of those denominated in euros, yuan – or simply buying precious metals like gold, which Russia’s central bank has increasingly favored for its own reserves. Finance Minister Anton Siluanov made the announcement Thursday morning at the annual St. Petersburg International Economic Forum. “We can make this change rather quickly, within a month,” Siluanov told reporters Thursday.

He explained that the Kremlin is moving to reduce exposure to US assets as President Biden threatens more economic sanctions against Russia following the latest ransomware attacks. The transfer will affect $119 billion in liquid assets, Bloomberg reported, but the sales will largely be executed through the Russian Central bank and its massive reserves, limiting the market impact and reducing visibility on what exactly the sovereign wealth fund will be buying. “The central bank can make these changes to the Wellbeing Fund without resorting to market operations,” said Sofya Donets, economist at Renaissance Capital in Moscow. “This in some sense a technical thing.”

Jordan Rochester, currency strategist at Nomura International PLC, said, “This is a transfer of euros from the central bank to the wealth fund, we’ll then see the central bank the holder of the USDs and it’s up to them to manage it. No initial market impact.” The news isn’t a complete surprise: The Bank of Russia, Russia’s central bank, has steadily reduced its dollar holdings over the last few years amid increasing sanctions pressure from the US and Europe. That trend continued through President Trump’s term. Just a few days ago, we reported that the Russian parliament had just authorized the sovereign wealth fund to buy gold through the central bank. However, the central bank reports its holdings with a six-month lag, making it impossible to determine its current holdings.

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Brilliant Ali on how he wants to be remembered.

 

 


The red train, Landwasserviadukt, Switzerland. Drone photo by Sebastianmzh

 

 

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