Mar 182023
 
 March 18, 2023  Posted by at 9:16 am Finance Tagged with: , , , , , , , ,  44 Responses »


Leonardo da Vinci A Copse of Trees 1508

 

Xi Jinping To Make State Visit To Russia On March 20-22 – Kremlin (TASS)
US and Other Western Nations Wary Of Xi’s Trip To Moscow (SCMP)
Kissinger Assesses China-brokered Deal Between Saudi Arabia And Iran (RT)
International Criminal Court Issues Arrest Warrant For Putin (TASS)
The Gathering Storm (Macgregor)
Kiev Issues Warning To Countries That Don’t Support Ukraine (RT)
US ‘Obviously’ Blew Up Nord Stream – French Politician (RT)
US ‘Taking Close Look’ At Drone Operations – CNN (RT)
Russian Forces Block Ukrainian Army From Leaving Bakhmut (TASS)
EU States Using Ukraine To Dispose Of Old Weapons – Kremlin (RT)
Putin Says Crimea’s Reunification With Russia Was Historic Event (TASS)
‘Foreign Agent’ Rules: The End Of Globalization As We Knew It (Lukyanov)
Using NGOs In Hybrid Wars Favorite Method Of Russia’s Enemies – Medvedev (TASS)
Twitter Pushed To Censor ‘True Stories’ On Covid – Twitter Files (RT)
SVB + FTX + SBF = WTF? (Kunstler)
Swiss Government Discussing Merging UBS & Credit Suisse (Az.)
US Security Forces Brace For Possible Trump ‘Arrest’ (RT)

 

 

 

 

RFK military operation

 

 

 

 

Mappin
https://twitter.com/i/status/1636520757328064513

 

 

mRNA victims

 

 

Orthodox

 

 

 

 

Watters Hallie Schweizer

 

 

Orban peace

 

 

 

 

Xi arrives on the 20th anniversary of the US invasion of Iraq.

Labeling this an official state visit means documents have been prepared that are ready to be signed. By all parties, including US and Ukraine.

US and EU can say that China should join the world community vs Russia, but it’s Xi who speaks for the majority.

Xi Jinping To Make State Visit To Russia On March 20-22 – Kremlin (TASS)

Chinese President Xi Jinping will make a state visit to Russia from March 20-22 at the invitation of President Vladimir Putin, the Kremlin press service said in a statement on Friday. According to the statement, the two leaders will discuss “pressing issues related to the future of relations of comprehensive partnership and strategic interaction between Russia and China.” The parties are also expected to exchange views on ways to enhance Russian-Chinese cooperation on the international stage. In addition, the Kremlin press service specified that “a number of important bilateral documents will be signed” during the Chinese leader’s visit. Putin and Xi Jinping last met in person on the sidelines of a Shanghai Cooperation Organization (SCO) summit in the Uzbek city of Samarkand in September 2022.


In late December, Putin held a video conference call with Xi Jinping, inviting him to make a state visit to Moscow in the spring of 2023. Earlier in March, Xi Jinping was re-elected as Chinese president for a third five-year term. Putin said in his congratulatory message that Moscow and Beijing would continue coordination on key issues. The Russian president also expressed confidence that together with the Chinese president, he would be able to boost cooperation between the two countries in various fields. Following the 20th National Congress of the Communist Party of China in October 2022, Xi Jinping was also re-elected as General Secretary of the party’s Central Committee for a third time. That said, this will be his first visit to Russia since the re-election.

Ritter Xi

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“If China brokers peace here like it just did with Saudi and Iran, it’s a new world order, instantly.”

US and Other Western Nations Wary Of Xi’s Trip To Moscow (SCMP)

Washington and other Western capitals reacted warily on Friday to the announcement of Chinese President Xi Jinping’s visit to Russia next week, with the US “deeply concerned” Beijing could try to pose as a peacemaker by promoting an immediate ceasefire in the war in Ukraine. Both Beijing and the Kremlin confirmed on Friday that Xi will make a state visit to Russia from Monday to Wednesday to meet with Russian President Vladimir Putin. It will be Xi’s first foreign trip since he secured an unprecedented third term as China’s president last week. His face-to-face talks with Putin are widely expected to have broad implications for the war, now in its second year, and China’s already tense relationship with the US.

But its significance grew further on Friday after pressure grew on Putin: the International Criminal Court in The Hague, the Netherlands, issued an arrest warrant for him over the war crime of illegally deporting Ukrainian children to Russia. Additionally, Turkey, after blocking Finland’s application to join Nato in the wake of Russia’s invasion, agreed to support it. Putin has maintained that Nato is a threat to Russia. Beijing’s foreign ministry described the trip as a “visit of friendship, cooperation and peace”. Washington, though, sees it as a potentially harmful reframing of the conflict. The Chinese might promote a ceasefire and “try to couch themselves as peacemakers and as … the only ones calling for the fighting to stop”, National Security Council spokesman John Kirby said. “We have deep concerns about that, because of what it actually means in terms of benefiting Russia at the expense of Ukraine,” he said.

“That’s why we’re expressing these concerns even before the visit.” The US position is that any ceasefire that freezes positions on the ground would validate Russia’s seizing of Ukrainian territory and give it a chance to rebuild its forces for further attacks. “We don’t support calls for a ceasefire right now,” Kirby said. “We certainly don’t support calls for a ceasefire that would be called for by the PRC [People’s Republic of China] in a meeting in Moscow that would simply benefit Russia.” He criticised Beijing for not joining the rest of the international community in supporting Ukraine. “We would certainly hope that they would. But we’ll see what comes out of this meeting,” he said. Britain also said that any peace deal not predicated on Ukraine’s sovereignty and self determination was no peace deal at all.

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“China has in recent years declared that it needs to be a participant in the creation of the world order. It has now made a significant move in that direction..”

Kissinger Assesses China-brokered Deal Between Saudi Arabia And Iran (RT)

China has taken a major step towards its goal of becoming a participant in the shaping of the world order, former US Secretary of State Henry Kissinger has said. The veteran diplomat was commenting on the recent landmark deal between Saudi Arabia and Iran, which Beijing mediated. Riyadh and Tehran agreed to restore diplomatic relations after a seven-year pause during talks in Beijing a week ago. In comments cited by the Washington Post on Thursday, Kissinger said the development is “a substantial change in the strategic situation in the Middle East.” The Saudis, who have been among Washington’s closest allies in the Middle East for decades, “are now balancing their security by playing off the US against China,” he explained.

According to Kissinger, Riyadh’s actions are comparable to what he himself accomplished in the early 1970s when, as secretary of state in the Nixon administration, he helped achieve rapprochement with Beijing amid its tensions with Moscow. The Saudi-Iranian deal will also complicate matters for Israel, as “pressure on Iran will now have to take into account Chinese interests,” he said. Israel remains increasingly concerned about Tehran’s alleged nuclear weapon program, and has warned of potential pre-emptive strikes against Iranian targets. “China has in recent years declared that it needs to be a participant in the creation of the world order. It has now made a significant move in that direction” by persuading Saudi Arabia and Iran to negotiate, Kissinger said.

The author of the article, Washington Post foreign affairs columnist David Ignatius, also acknowledged that “the US is no longer the indispensable power in the region – the only country strong or supple enough to broker peace deals.” “China has claimed a share of that convening power” by playing the role of mediator on this scale for the first time, he wrote. Another major regional player, the United Arab Emirates, is also “courting” Beijing, Ignatius said. Chinese President Xi Jinping stated earlier this week that Beijing should “actively participate in the reform and construction of the global governance system” and promote “global security initiatives.” In doing so, China will add “positive energy to world peace and development,” he added.

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Russia was (is) moving Ukrainian children out of the line of fire. Where Ukraine let them remain. The west now talks of “re-education camps”..

“Who would have thought 15 years ago, that taking care of children, saving them and treating them, would become criminally punishable in the West.” – Maria Zakharova

International Criminal Court Issues Arrest Warrant For Putin (TASS)

The International Criminal Court has issued arrest warrants for Russian President Vladimir Putin and Russia’s Children’s Rights Commissioner Maria Lvova-Belova, the court said in a statement on Friday. The statement said they could be responsible “for the war crime of unlawful deportation of population (children) and that of unlawful transfer of population (children) from occupied areas of Ukraine to the Russian Federation.” ICC arrest warrants are usually secret in order to protect victims and witnesses and also to safeguard the investigation. However, the court stated that it authorized the public disclosure of the existence of the warrants, the names of the suspects and the crimes for which the warrants are issued, because “the conduct addressed in the present situation is allegedly ongoing, and that the public awareness of the warrants may contribute to the prevention of the further commission of crimes.”


Kremlin Spokesman Dmitry Peskov said earlier, when he commented on potential ICC cases against Russia, that Russia doesn’t recognize the court’s jurisdiction. Russian Foreign Ministry Spokeswoman Maria Zakharova, in comments on the information from the Hague, said decisions of the court have no consequence in Russia and any potential arrest warrants are null and void. The International Criminal Court was established by the Rome Statute in 1998. It’s not part of the UN and is accountable to the countries that have ratified the statute. The countries that aren’t parties to the statute include Russia (signed, didn’t ratify), the US (signed, then revoked signature) and China (didn’t sign). Putin signed an executive order in 2016 that stated Russia wouldn’t be a member of the ICC. According to a statement by the Russian Foreign Ministry, the court didn’t live up to expectations and failed to become a truly independent organization for international justice. The US expressed strong displeasure with the court in 2020, after ICC prosecutors indicated they would investigate crimes by US servicemen in Afghanistan.

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“Biden’s policy of forcibly pushing NATO to Russia’s borders forged a strong commonality of security and trade interests between Moscow and Beijing that is attracting strategic partners in South Asia like India, and partners like Brazil in Latin America.”

The Gathering Storm (Macgregor)

The crisis of American national power has begun. America’s economy is tipping over, and Western financial markets are quietly panicking. Imperiled by rising interest rates, mortgage-backed securities and U.S. Treasuries are losing their value. The market’s proverbial “vibes”—feelings, emotions, beliefs, and psychological penchants—suggest a dark turn is underway inside the American economy. American national power is measured as much by American military capability as by economic potential and performance. The growing realization that American and European military-industrial capacity cannot keep up with Ukrainian demands for ammunition and equipment is an ominous signal to send during a proxy war that Washington insists its Ukrainian surrogate is winning.

Russian economy-of-force operations in southern Ukraine appear to have successfully ground down attacking Ukrainian forces with the minimal expenditure of Russian lives and resources. While Russia’s implementation of attrition warfare worked brilliantly, Russia mobilized its reserves of men and equipment to field a force that is several magnitudes larger and significantly more lethal than it was a year ago.Russia’s massive arsenal of artillery systems including rockets, missiles, and drones linked to overhead surveillance platforms converted Ukrainian soldiers fighting to retain the northern edge of the Donbas into pop-up targets. How many Ukrainian soldiers have died is unknown, but one recent estimate wagers between 150,000-200,000 Ukrainians have been killed in action since the war began, while another estimates about 250,000.

Given the glaring weakness of NATO members’ ground, air, and air defense forces, an unwanted war with Russia could easily bring hundreds of thousands of Russian Troops to the Polish border, NATO’s Eastern Frontier. This is not an outcome Washington promised its European allies, but it’s now a real possibility. In contrast to the Soviet Union’s hamfisted and ideologically driven foreign policymaking and execution, contemporary Russia has skillfully cultivated support for its cause in Latin America, Africa, the Middle East, and South Asia. The fact that the West’s economic sanctions damaged the U.S. and European economies while turning the Russian ruble into one of the international system’s strongest currencies has hardly enhanced Washington’s global standing.

Biden’s policy of forcibly pushing NATO to Russia’s borders forged a strong commonality of security and trade interests between Moscow and Beijing that is attracting strategic partners in South Asia like India, and partners like Brazil in Latin America. The global economic implications for the emerging Russo-Chinese axis and their planned industrial revolution for some 3.9 billion people in the Shanghai Cooperation Organization (SCO) are profound.

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“..while Kuleba was “trying to clumsily intimidate the world community,” he was simultaneously publishing announcements on his ministry’s website searching for “anyone who could represent the Kiev regime at the ambassador level abroad.”

Kiev Issues Warning To Countries That Don’t Support Ukraine (RT)

Ukraine will remember those who backed it in its conflict with Russia and will hold those who did not accountable, Ukrainian Foreign Minister Dmitry Kuleba warned in a BBC interview on Friday. The choices every nation made during Russia’s military operation in Ukraine will be “taken into account in building future relations,” Kuleba said, adding that countries that have “misbehaved in the course of this war and mistreated Ukraine” would pay a price. “If anyone in the world thinks that the way this or that country behaved – or treated Ukraine at the darkest moment of its history – will not be taken into account in building future relations, these people just don’t know how diplomacy works,” he stated, noting that “war is a time when you have to make a choice. And every choice has been recorded.”

The minister also blasted the West for not giving Ukraine weapons fast enough, pointing out that every day weapons are not delivered is a day some Ukrainian soldiers die on the frontline. Russia responded to Kuleba’s statement by noting that everything he said had already long been understood by Ukrainian citizens, which is why they are fleeing even from the Ukrainian Foreign Ministry. Russian Foreign Ministry spokeswoman Maria Zakharova wrote in a Telegram post that while Kuleba was “trying to clumsily intimidate the world community,” he was simultaneously publishing announcements on his ministry’s website, searching for “anyone who could represent the Kiev regime at the ambassador level abroad.”

“Even though there is a foreign currency salary, it seems there is no one to be found,” Zakharova said. Meanwhile, Russia has pointed out that more and more UN member states are beginning to question the true nature of the conflict between Moscow and Kiev as they grow more skeptical of the West’s calls for peace in Ukraine. “Very quickly it has become obvious that it’s not Russia and Ukraine that are fighting in Ukraine right now. It’s a NATO proxy war against Russia with the hands of the Ukrainians, until the last Ukrainian,” Dmitry Polyansky, the deputy head of Moscow’s mission to the UN, said last week.

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Violent protests in France over Macron unilaterally pushing through pension reforms.

US ‘Obviously’ Blew Up Nord Stream – French Politician (RT)

French party leader Florian Philippot believes it has long been obvious that the United States was behind last year’s sabotage of the Nord Stream pipelines, which were built to deliver Russian natural gas to Western Europe. “Even before the war in Ukraine, the US for years fought against Nord Stream, it was a permanent part of their policy,” he told RIA Novosti in an interview published on Friday. “In early February 2022, [US President Joe] Biden said the Americans could make it so that the pipeline was no more. That’s what happened. And it was in the interest of the Americans,” according to Philippot, who heads the right-wing ‘The Patriots’ party in France. Last month, veteran investigative journalist Seymour Hersh reported that Biden personally ordered the bombing of the pipelines, and that Norway assisted in the sabotage.

He cited an unnamed source and supported his case using some of the same arguments as Philippot. Biden remarked that “there will be no longer a Nord Stream 2” during a joint press conference with German Chancellor Olaf Scholz in early February 2022. Hersh also claimed that Biden allowed US special services to classify the operation in a way that justified not informing the US Congress about it beforehand. Nord Stream 2 is the name of the second, newer pipeline, which was meant to greatly expand the capacity of the original Nord Stream, but was never operational. Both were disabled by sabotage. Philippot said he considered US culpability “obvious” even before Hersh’s revelations, but was not sure about Norway’s role.

He reasoned that Oslo had a motive since it “competes with Russia in gas trade, and many European nations replaced the Russian gas with Norwegian.” Both the US and Norway have denied any responsibility. Philippot also urged France to leave NATO, saying the military alliance “needs to be disbanded because it has no reason to exist.” “We have to stop this agenda of world war against Russia and China, it is absolutely insane,” he told the Russian news outlet, blaming the US for increasing global tensions. He also called French President Emmanuel Macron a deceitful leader. His government “prioritizes the US, and not its own people,” Philippot stated. He cited Macron’s decision to send billions of dollars worth of weapons and ammunition to Kiev, even as he is pushing through an unpopular pension reform, claiming a lack of money to fund social programs.

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“..the US is now “weighing the costs and benefits” of further drone operations..”

That took just one drone…

US ‘Taking Close Look’ At Drone Operations – CNN (RT)

The US is weighing the benefits and risks of drone flights over the Black Sea after losing an unmanned aircraft there while being chased by Russian interceptors, CNN reported on Thursday, citing sources. On Tuesday, Washington claimed that two Russian Su-27 fighters dumped fuel on a MQ-9 Reaper drone conducting a reconnaissance flight in the area, with one jet later colliding with the US aircraft. Moscow’s Ministry of Defense, however, dismissed the accusation, insisting that its interceptors had neither come into contact with the Reaper nor fired a weapon, saying that the drone crashed due to “sharp maneuvers.” Several officials have told CNN that the US is now “weighing the costs and benefits” of further drone operations.

At the same time, Washington has not entirely halted flights while the review is underway, the report says, and another Reaper was sent to monitor Russian forces searching for the debris. Pentagon officials say they are “taking a close look” at US drone routes and at ways to reduce the risk of clashing with Moscow’s military in the area. They are also said to be analyzing the potential intelligence benefits of such missions compared with the danger of escalation. One senior official told CNN the US was concerned that curbing drone activities could adversely affect intelligence gathering related to the Ukraine conflict. However, the US could still rely on other assets such as satellites, the report states.

Despite the ongoing review, Washington is considering flying another drone over the Black Sea in the near future, US officials said, without providing further detail. The US has significantly ramped up intelligence operations close to Russian borders, seeking to provide Ukraine with valuable data. Moscow has repeatedly insisted that such activities make the US a direct party to the conflict. On Friday, former Russian President Dmitry Medvedev, who now serves as deputy chairman of the Security Council, blasted the US for sending its drone into the restricted flight Moscow has imposed due to the Ukraine conflict. “To put it simply, the Americans went way out of line, and there is no need to stand on ceremony with them,” he said, while recognizing the value of contacts between the Russian and US militaries.

Nap/Ritter

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They can leave, but not fully armed.

Russian Forces Block Ukrainian Army From Leaving Bakhmut (TASS)

Russian forces are steadily advancing in Artyomovsk (known as Bakhmut in Ukraine) having thwarted the attempted withdrawal of several Ukrainian army units, acting head of the Donetsk People’s Republic (DPR) Denis Pushilin said on Friday. “We saw that several Ukrainian army units tried to get out of there, but they were thwarted by our forces,” he said in an interview with Russia’s Channel One. “The situation is steadily developing toward the liberation of this settlement.” Artyomovsk is located in the Kiev-controlled part of the Donetsk People’s Republic (DPR). Fierce fighting for control of the city is underway. According to the latest data, Russian forces have blocked or taken control of all paved roads to the city while the nascent spring mud season is complicating logistics efforts to supply the Ukrainian army with fresh ammunition and personnel.

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“.. the jets were retired last year, and several reports suggested that they were mostly not in operational condition…”

EU States Using Ukraine To Dispose Of Old Weapons – Kremlin (RT)

Plans by Poland and Slovakia to send Soviet warplanes to Ukraine look like attempts to dispose of antiquated equipment, Kremlin spokesman Dmitry Peskov said during his Friday press briefing. “This is another example of how a number of NATO member states, including Poland, are raising their direct involvement in the conflict,” he announced, reacting to the recent announcements that Warsaw and Bratislava would send Soviet-designed MiG-29 warplanes to Kiev. Peskov added that it would not affect the outcome of Russia’s military operation but instead “may lead to additional suffering for Ukraine itself and its people.” “It seems like these countries [Poland and Slovakia] are just disposing of old equipment they no longer need,” Peskov said. The MiG-29 was designed in the 1970s and entered service in the 1980s.

Warsaw’s plan to transfer four of the MiG-29 fighters to Kiev “in the next few days” was announced by Prime Minister Mateusz Morawiecki earlier this week. This makes Poland the first NATO country to pledge warplanes to Ukraine. The country has 28 MiG-29s, but it is unclear how many of them are in working condition, as the country has sought to update its air force with US- and South Korean-made fighters. Slovakia, also a NATO member, similarly announced on Friday that it would send 13 of its MiGs to Kiev. However, the jets were retired last year, and several reports suggested that they were mostly not in operational condition.

Ukraine has been requesting warplanes, specifically American-made F-16s for its military, but US President Joe Biden said in January that they were not planning to send any over. German Chancellor Olaf Scholz similarly stated the same month that Berlin was not even discussing transferring its own F-16s. French President Emmanuel Macron has sounded more vague, saying in January that he would not rule out sending fighter jets to Ukraine. UK Prime Minister Rishi Sunak announced in February that London would be training Ukrainian pilots, adding that there was still no decision on actually sending Western-made fighter jets to Kiev. Moscow has warned on numerous occasions that arming Ukraine was akin to playing with fire and that Western countries had practically already become a party to the conflict.

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9 years ago.

Putin Says Crimea’s Reunification With Russia Was Historic Event (TASS)

Russian President Vladimir Putin took the opportunity on Friday to congratulate all citizens of Russia with the upcoming anniversary of Crimea’s reunification with Russia, calling it a historic event. “I want to congratulate the citizens of Crimea, Sevastopol and all citizens of our country with the Day of Crimea’s Reunification with Russia,” Putin said, opening a session on the socio-economic development of Crimea and Sevastopol. March 16, 2023 marks nine years since the Crimean referendum, where the majority of citizens of Crimea and Sevastopol voted in favor of reunification with Russia.


After Ukrainian President Viktor Yanukovich was ousted in a coup in February 2014, mass protests erupted in Crimea and eastern Ukraine. On March 11, 2014, Crimea’s Supreme Council and Sevastopol City Council adopted a declaration of independence. On March 15, 2014, the Crimean authorities held a referendum on reuniting with Russia. Most voters supported the idea (96.77% in Crimea and 95.6% in the city of Sevastopol), with turnout reaching 80%. On March 18, 2014, Russian President Vladimir Putin signed the treaty on Crimea’s reunification with Russia. Ukraine, the United States and the European Union refused to recognize Crimea’s independence and its decision to reunite with Russia.

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“..The idea that cross-border funding of NGOs is not only acceptable, but normal and necessary, has become a product and a feature of the era of liberal globalization..”

‘Foreign Agent’ Rules: The End Of Globalization As We Knew It (Lukyanov)

Georgia hit the headlines early this month over the government’s attempt to pass a law on “foreign agents.” The draft bill (there were actually two of them) was eventually withdrawn and the issue taken off the agenda for the time being. The case is unusual because the Georgian leadership – far from being pro-Russian and anti-Western – has suddenly been relegated to this niche by the international media. Of course, everything is black-and-white these days, but the general topic is interesting in a wider context. The concept of a “foreign agent,” which was introduced in the US on the eve of World War II to counter enemy propaganda, has found new life in the 21st century. Until recently, it was mainly used in polemics between Russia and the West.

The latter accused Moscow of using the status to remove dissenters from the public space. Meanwhile, the Kremlin’s argument that the public has a right to know about foreign money being spent domestically is dismissed as a mere justification for restricting freedoms. The argument goes that “civil society” has the right to be funded “independently.” Herein lies a fundamental contradiction that we are now likely to see everywhere more and more. The idea that cross-border funding of NGOs is not only acceptable, but normal and necessary, has become a product and a feature of the era of liberal globalization. This view of civil society has been logically derived from the conceptual approach itself. If the aim is to remove trade, economic and, ideally, political barriers and to create a single global regulatory space, then non-governmental structures must either have no national affiliation at all or be connected with international organizations as much as possible.

This contradicts the classical notion of civil society, the essence of which is precisely its bottom-up origin, i.e., that it should emerge domestically. However, the West believes the top-down approach is a good thing – when it suits it, of course. Five years ago, US doctrine enshrined the return of great power rivalry as the core content of international politics. It drew a line under the previous period, which was more open. If this is the essence of world politics, then all the instruments are in play, and all the old themes, such as “money has no nationality” and “let information circulate without barriers,” can no longer be understood outside this context. Over the past couple of decades, there has indeed been a high degree of openness on the part of states to both socio-political and information activities. This is partly due to the significant increase in the number of embassy staff after the Cold War – where the scope of work, including with civil society, has expanded.

The impressive scale of mutual expulsions of diplomats after 2018 is linked to the collapse of relations, but also has an objective basis. Embassies are returning to more classical, i.e., narrower tasks, and there is no reason to have so many staff present. The same phenomenon applies to restrictions on media activity, which was relatively freely tolerated after the end of the Cold War. However, the atmosphere in this area has changed as the dominance of Western sources in the information space has been challenged by other players. In Western Europe and the US, measures against Russian and, to some extent, Chinese news channels have been explained by the fact that they are state-funded, while many of those from the West are private, in addition to their own state media.

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“To create organizations under benign covers, which actually seek to destabilize the situation in the country, to undermine stability in civil society..”

Using NGOs In Hybrid Wars Favorite Method Of Russia’s Enemies – Medvedev (TASS)

Russian Security Council Deputy Chairman Dmitry Medvedev noted that using nonprofit organizations in hybrid wars is the favorite method of certain states that are hostile to Russia. The politician called “not to be shy” and to decisively thwart the operation of such structures. “We know that the favorite method of our enemies – all types – is to use nonprofits in hybrid wars. To create organizations under benign covers, which actually seek to destabilize the situation in the country, to undermine stability in civil society. We have seen many examples of this. These methods have been honed to perfection,” Medvedev said, speaking at a Ministry of Justice board meeting Friday. Medvedev noted that the Ministry has already created special measures for nonprofits, including publication of reports online.


“It is necessary to continue fine-tuning the law in this area, to prevent unfair competition, to introduce principles of openness and transparency, and streamline corporate management of nonprofit organizations,” he listed.Achieving balance and security in this area is of key importance, the official explained. “Thus, on the one hand, it is necessary to create comfortable conditions for normal, good-faith nonprofits, whose operation truly benefits the state and society. And, on the other hand – to brutally thwart the operation of structures, whose operation runs counter to Russia’s interests,” he noted. In this regard, one “should not be shy and should use all the necessary legal instruments,” Medvedev believes.

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“As Orwellian proof-of-concept, the Virality Project was a smash success..”

Twitter Pushed To Censor ‘True Stories’ On Covid – Twitter Files (RT)

A government-linked academic group pushed Twitter to censor factually correct stories about Covid-19 if they risked “fueling hesitancy” about vaccines, according to the latest batch of internal documents released by the platform’s new owner, Elon Musk. Published by journalist Matt Taibbi on Friday, the documents show that from February 2021 onwards, senior Twitter management – including former trust and safety chief Yoel Roth – signed up to a Stanford University initiative that would alert them to the latest “vaccine-related disinformation narratives” spreading on the platform.

Titled ‘The Virality Project,’ the initiative was led by a former CIA employee and comprised academics from several universities, as well as researchers from organizations funded by the Pentagon, the National Science Foundation, and the US State Department. The Virality Project also stated on its website that it “built strong ties” with the Office of the Surgeon General, the Centers for Disease Control and Prevention, and the Department of Homeland Security, among other agencies and departments. In its briefings to Twitter, the Virality Project recommended that “true content which might promote vaccine hesitancy” – such as stories of side effects and certain vaccines being banned abroad – be censored. Posts raising concern about vaccine mandates were viewed as “anti-vax” misinformation, while “just asking questions” was deemed “a tactic commonly used by spreaders of misinformation,” and posting about the “surveillance state” was deemed a bannable “conspiracy” theory.

It is unclear how often Twitter acceded to the Virality Project’s demands, though Taibbi said that within a month, the platform’s staff began using the project’s recommendations when evaluating content to censor. At the time, Twitter’s rules on Covid-19 “misinformation” required a specific post to be “demonstrably false,” while permitting “strong commentary,” opinion writing, and satire. The Virality Project, however, urged Twitter management to ban “repeat offenders” before they even made new posts. Sharing the leaked emails of White House coronavirus czar Anthony Fauci could “exacerbate distrust in Dr. Fauci and in US public health institutions,” the Virality Project warned in a June 2021 briefing, while a follow-up report highlighted the spread of “worrisome jokes” about harassing the door-to-door vaccine promoters deployed by the administration of US President Joe Biden.

“As Orwellian proof-of-concept, the Virality Project was a smash success,” Taibbi wrote on Friday. “Government, academia, and an oligopoly of would-be corporate competitors organized quickly behind a secret, unified effort to control political messaging.” Since purchasing Twitter in October and installing himself as the platform’s new CEO, Musk has been releasing regular batches of internal documents and communications in a bid to shed light on its previously opaque censorship policies. A tranche of files released in December revealed that Twitter censored “legitimate content” on Covid-19 at the direct request of the White House.

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“Money dies when it loses its direct connection to the generation of wealth from the real things of this earth..”

SVB + FTX + SBF = WTF? (Kunstler)

As if all the operations around finance in this land were not already unsound and degenerate enough, the alleged president just cancelled moral hazard altogether. It’s now official: from here forward there will be no consequences for banking fraud, poor decision-making, fiduciary recklessness, self-dealing, or any of the other risks attendant to the handling other people’s money. Bailing out the Silicon Valley Bank and Barney Frank’s deluxe Signature Bank means that the government will now have to bail out every bank every time something goes wrong. The trouble, of course, is that the government doesn’t have the means to bail out every bank. Its only resort is to ask the Federal Reserve to summon new money from a magic ether where the illusion of wealth is conjured to paper-over ever greater fissures in the splintering matrix of racketeering that America has become.

That will quickly translate into US dollars losing value, that is, accelerating inflation, which is how nature punishes you when your government lies and pretends that it has a bad situation well-in-hand. Be advised: the situation is not in-hand and is going to get a whole lot worse as new and subsidiary shocks thunder through the weeks and months ahead, until the whole wicked business blows. Likewise, the reactions of our government will only get more tragi-comically pathetic. The harder this gang of feckless, wannabe control freaks pretends to control events, the faster events spin out of control. Money dies when it loses its direct connection to the generation of wealth from the real things of this earth: fuels, crops, metals, materials, labor, and the value-added products made from them.

Since that divorce has already happened, the need arises for something else that can function as money (a store of wealth, an index of value, and a medium of exchange). The government will pretend that a Central Bank Digital Currency is that something else. Since banking is now nationalized by the Federal Reserve backstopping everything and everybody, then theoretically all the wealth of the nation is under its command. That would be another illusion. This CBDC would not be “money” representing wealth because America’s wealth is going, going, gone, pissed away, falling apart, de-laminating, oxidizing, rusting in the rain, going up in a vapor. Think of all those mortgaged cars on the road racking up the mileage until they’re worthless and all those mortgaged suburban houses built out of particle-board and vinyl smeared all over the landscape, decomposing into their constituent chemicals — over time, a dead loss. And that’s what’s left of our American Dream: coldcocked by entropy and, by extension, the laws of the universe.

Yellen

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Credit Suisse was back tanking yesterday.

Swiss Government Discussing Merging UBS & Credit Suisse (Az.)

UBS Group AG and Credit Suisse Group AG are opposed to a forced combination, even as scenario planning for a government-orchestrated tie-up continues, according to people with knowledge of the matter, Report informs referring to Bloomberg. UBS would prefer to focus on its own wealth-centric standalone strategy and is reluctant to take on risks related to Credit Suisse, the people said, asking not to be identified as the deliberations are private. Its smaller rival is seeking time to see through its turnaround after winning a liquidity backstop from the central bank, they said.


Credit Suisse arrested a collapse in investor confidence on March 16 after winning a 50 billion franc ($54 billion) credit line from the Swiss National Bank. That came after the Swiss lender had appealed to authorities for a public show of support following an unprecedented slump in the shares. With investors jittery after the collapse of Silicon Valley Bank, comments by Credit Suisse’s largest shareholder that it wasn’t willing to invest more in the bank were enough to provoke a deep selloff.

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They’re really scared of him. He’s polling well compared to DeSantis. And New York is as Dem as they come. But really? Stormy Daniels is all you got?

US Security Forces Brace For Possible Trump ‘Arrest’ (RT)

Federal, state and local law enforcement agencies are reportedly discussing security preparations in the event former President Donald Trump is indicted on felony falsification charges sometime in the coming days, according to multiple media outlets citing anonymous officials. The agencies are carrying out “preliminary security assessments” in and around a Manhattan courthouse to prepare for a possible indictment linked to an alleged “hush money” scheme involving a woman who claimed to have been intimate with the ex-president, five senior officials told NBC on Friday. While the officials stressed that the discussions are “precautionary” given that no charges have been filed, they said preparations are being made for an indictment that could come as early as next week.


Four law enforcement officials reached by the Associated Press confirmed the interagency conversations, which they said involve “security, planning and the practicalities of a potential court appearance” by Trump. The agencies discussing security preparations reportedly include the New York Police Department, New York State Court Officers, the US Secret Service, the FBI’s Joint Terrorism Task Force and the Manhattan DA’s Office. According to a “source in the courts” cited by Fox News, the Secret Service will determine whether Trump is handcuffed in the event he is charged. The former leader is under a grand jury investigation launched by the Manhattan District Attorney’s Office over the alleged felony falsification of business records, and is accused of arranging a payment of $130,000 to adult film actress Stormy Daniels through his then-lawyer, Michael Cohen.

Trump

Daniels claims she was paid during the 2016 presidential campaign to keep quiet about alleged sexual encounters with Trump in the past, though he denies such liaisons ever took place. Trump’s attorney, Joe Tacopina, told NBC News that if the ex-president is charged, he will “follow the normal procedures,” but has insisted on his client’s innocence. “The payments were made to a lawyer, not to Stormy Daniels. The payments were made to Donald Trump’s lawyer, which would be considered legal fees,” he said during a separate interview with MSNBC earlier this week, adding that Cohen “was his lawyer at the time and advised him that this was the proper way to do this to protect himself and his family from embarrassment. It’s as simple as that. That is not a crime.”


Cohen pleaded guilty to a federal charge related to the payment in 2018, and has since cooperated with the investigation into Trump after a public falling out with his former boss. He has provided hours of testimony before the grand jury probing Trump on the alleged felony charge, appearing for a second time on Wednesday.

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Canucks

 

 

 

 

Knots

 

 

Coral

 

 

Humpback

 

 

Amur
https://twitter.com/i/status/1636800272231190528

 

 

Best friends

 

 

 

 

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Jun 062022
 
 June 6, 2022  Posted by at 8:56 am Finance Tagged with: , , , , , , , ,  46 Responses »


Robert Rauschenberg Collection 1954-55

 

The War in Ukraine Can Be Over If the US Wants It (Barkan)
Russia Will Strike West If US Rockets Hit Us – Medvedev (Times)
Japan’s Perceptions of the Propaganda regarding the SMO (Patricia Ormsby)
UK Offers More Support For ICC War Crimes Investigation In Ukraine (G.)
US To Allow Venezuelan Oil To Be Shipped To Europe (Hill)
Biden Scrambles To Avoid Summit of the Americas Flop (AP)
Food, Gas Prices Soar With No End In Sight, Americans Change Habits (JTN)
Spanish Court Orders Mike Pompeo To Testify On CIA Plot vs Assange (ZH)
Ratcliffe: Durham Lost Sussmann Battle, But Winning War (NM)
Schiff Says Jan. 6 Panel Has More Revelations For Americans (Hill)
Twitter In Settlement Talks With Deplatformed Journalist Alex Berenson (JTN)
Musk’s Twitter Acquisition Clears US Antitrust Review (Fox)
Musk: Things I’ll Never See In My Life (CB)
Why Your Depression May Really Be Insulin Resistance (PT)

 

 

 

 

What Happens To Europe When Russia Wins
Europe Cannot Survive Without Russia

 

 

 

 

 

 

Desmet

 

 

Erdogan

 

 

Whoever undertakes to set himself up as a judge of Truth and Knowledge is shipwrecked by the laughter of the gods.
–Albert Einstein

 

 

The US doesn’t want it…

The War in Ukraine Can Be Over If the US Wants It (Barkan)

The trouble with the seemingly bottomless pleas for more armaments for Ukraine is that with them a viable end to the war falls ever further out of reach. Though many American foreign-policy analysts and pundits believe the only acceptable outcome of the war is full freedom for Ukraine and a total repulsion of Russian forces, this remains highly unlikely and may put the world in further danger. That is Kissinger’s contention, and it’s one that must be heeded. If the American-backed military gains for Ukraine are fleeting and merely increase the odds of a more ruinous collision between NATO and Russia, should Ukraine keep receiving American missiles? This is the dilemma both Kissinger and Chomsky confront.

The economic shocks of the war cannot be dismissed any longer. Skyrocketing energy prices across the globe are destabilizing for affluent and precarious nations alike. Mass starvation looms — Russia is trapping 20 million tons of grain in Ukraine, which has been one of the world’s great breadbaskets. Ordinarily, Russia and Ukraine account for one-quarter of the grain traded internationally. Even before the war, strains on the global food supply were emerging with the pandemic and ongoing droughts in North America and the Horn of Africa. Wheat prices are now surging. And there is the faint possibility, always to be taken seriously, of nuclear conflict.

Kissinger is one of a vanishing number of men who worked in American government when nuclear war was a much-discussed existential threat to be averted at all costs. Russia is an enormous country that is going to play a role in global affairs for the rest of this century, just as it did in the past one. This fact cannot be hand-waved away, nor can the reality that Russia has stockpiled more nuclear weapons than any other nation in the world. Putin’s Russia is more unsettling than the Soviet Union because it is far weaker and dominated by fewer men; it simply has less to lose. As in the defeated Germany after the First World War, grievance culture might take hold, this time in a nation with enough nuclear warheads pointed outward to annihilate every large city on Earth.

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“The Horsemen of the Apocalypse are already on their way and all hope now is with Lord God the Almighty.”

Russia Will Strike West If US Rockets Hit Us – Medvedev (Times)

One of President Putin’s closest allies has warned that Moscow could target western cities if Ukraine uses rocket systems supplied by the United States to carry out strikes on Russian territory. Washington said this week that it was sending M142 high-mobility artillery rocket systems to Ukraine, which will more than double its army’s artillery range and allow it to strike targets 50 miles away. “If, God forbid, these weapons are used against Russian territory then our armed forces will have no other choice but to strike decision-making centres,” said Dmitry Medvedev, a former prime minister under Putin who is deputy chairman of Russia’s national security council. “Of course, it needs to be understood that the final decision-making centres in this case, unfortunately, are not located on the territory of Kyiv,” he said in an interview with Al Jazeera.


Officials in Moscow have accused Nato of using the war in Ukraine to wage a proxy war against Russia. Medvedev, who also served a single term as president from 2008 to 2012 but was widely viewed as Putin’s puppet, was once seen as a liberalising force in Russia but has transformed in recent months into one of Moscow’s biggest hawks. He also warned that the fighting in Ukraine was pushing the world dangerously close to nuclear Armageddon, saying: “The Horsemen of the Apocalypse are already on their way and all hope now is with Lord God the Almighty.” Kremlin-controlled state television has said on a number of occasions that Moscow could launch nuclear missiles against western countries, including Britain, if the war in Ukraine turns against Russia.

Long range rockets

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“Zelensky’s arming of civilians to help fight the invasion rendered the entire civilian population a military target under international law..”

Japan’s Perceptions of the Propaganda regarding the SMO (Patricia Ormsby)

I can attest as a woman living in Japan nearly four decades that I could not watch the news without feeling that I would be a monster if I didn’t have any sympathy at all for the victims, even if I considered it all unverified and mostly likely misleading. I can’t tolerate such a level of cognitive dissonance, and just flee after a few minutes. My husband and his brother, by contrast, can continue watching with no emotional involvement, just out of curiosity to see how far the authorities will take such obvious propaganda. In contrast to the successful emotional man-handling of the women, virtually all of the men I know in Japan quickly saw through the deception and many, in fact, took umbrage at it.

It was men who told me they were sick of hearing constantly about Ukraine. They pointed out how odd the unilateral condemnation of Russia was, considering this was the same sort of action America was constantly engaging in with other small impoverished countries far away that the news otherwise had no interest in. They recognized the attempted manipulation, and what they and an increasing number of women began to see behind it was an anticipated new attempt to rewrite Japan’s constitution enabling it to engage in military actions overseas. In addition, the talk shows never really managed to shut out pro-Russian views entirely. Prior to the SMO, there had been some positive coverage of Russia in the Japanese media. The knowledge people possessed from before the conflict could not be erased.

According to my husband, one commentator noted that Zelensky’s arming of civilians to help fight the invasion rendered the entire civilian population a military target under international law. The public’s perceptions of Zelensky’s role in the conflict changed. The Minsk Accords were brought up in one daytime program, catching one of the young “experts” off-guard. The general perception gradually formed among the public that there was indeed another side to this story. Russian signage was restored at train stations in April. I have not heard recently of on-line harassment of Russians (or anyone suspected of being Russian, including Ukrainians), which was occurring during the first few weeks of the SMO. Prior to Biden’s recent appearance in Japan, the propaganda increased, but seems to have subsided since then somewhat, though the other day they aired a documentary on what a dictator Putin is.

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“..the global community will work together to ensure justice is served.” Right, with another probe in Mariupol.

UK Offers More Support For ICC War Crimes Investigation In Ukraine (G.)

The UK Ministry of Justice has announced a second tranche of support for the international criminal court’s (ICC) investigations into war crimes in Ukraine, including the deployment of a specialist legal and police team. Karim Khan QC, the court’s chief prosecutor, will be in London on Monday to provide an update on the progress of the investigation. During this time, deputy prime minister Dominic Raab will present further support to the independent investigation on top of the £1m of funding provided earlier this year. The package includes a police liaison officer based in The Hague to lead on information sharing between the UK and the ICC, and seven legal experts to support the ICC with expertise in international criminal law and the handling of evidence to be presented to court.


The UK will also provide two police officers with expertise in the collection of intelligence through publicly available data sources, ongoing defence analysis and monitoring of events in Ukraine, as well as war crimes investigation training to Ukrainian police on behalf of the ICC, in collaboration with Norwegian police. “The UK has responded swiftly to a request from the international criminal court for more police and lawyers to aid their investigation into Russian war crimes in Ukraine,” Raab said. “Russian forces should know that they will be held to account for their actions and the global community will work together to ensure justice is served.” The attorney general, Suella Braverman, added: “Following my appointment of war crimes expert Sir Howard Morrison as an independent adviser to the Ukrainian prosecutor general’s office, I am determined that British expertise continues to be available to our friends in Ukraine in their search for justice.

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Hmmm it doesn’t mention Guiado…

US To Allow Venezuelan Oil To Be Shipped To Europe (Hill)

The U.S. will reportedly resume allowing Venezuelan oil to flow to Europe, people familiar with the matter told Reuters. The outlet on Sunday reported that Eni SpA and Repsol SA, which are Italian and Spanish respectively, could ship Venezuelan oil to Europe as early as next month after the Biden administration authorized the plan last month. People familiar with the matter told Reuters that the oil “has to go to Europe. It cannot be resold elsewhere.” The volume of oil Eni and Repsol will receive is expected to be fairly small with a minimal impact on oil prices around the world. The Biden administration’s reported permission to allow for the use of Venzeluan oil comes as part of a push to rely less on Russian oil and redirect Venezuela’s shipments from China, Reuters added.


In May, 18 progressive House Democrats wrote to Biden asking that he lift all sanctions against Venezuela that “exacerbate the humanitarian situation” amid President Nicolás Maduro’s alleged human rights violations. But earlier this year, talks of lifting those sanctions and engaging more with Venezuela about oil were criticized by lawmakers. Senate Foreign Relations Committee Chairman Bob Menendez (D-N.J.) said a deal with Maduro for the purchase of Venezuelan oil “risks perpetuating a humanitarian crisis that has destabilized Latin America and the Caribbean for an entire generation.”

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It’s already a flop.

“The Open Veins of Latin America: Five Centuries of the Pillage of a Continent.”

Biden Scrambles To Avoid Summit of the Americas Flop (AP)

When leaders gather this week in Los Angeles at the Summit of the Americas, the focus is likely to veer from common policy changes — migration, climate change and galloping inflation — and instead shift to something Hollywood thrives on: the drama of the red carpet. With Mexican President Andrés Manuel López Obrador topping a list of leaders threatening to stay home to protest the U.S.’ exclusion of authoritarian leaders from Cuba, Nicaragua and Venezuela, experts say the event could turn into a embarrassment for U.S. President Joe Biden. Even some progressive Democrats have criticized the administration for bowing to pressure from exiles in the swing state of Florida and barring communist Cuba, which attended the last two summits.

“The real question is why the Biden administration didn’t do its homework,” said Jorge Castañeda, a former Mexican foreign minister who now teaches at New York University. While the Biden administration insists the president in Los Angeles will outline his vision for a “sustainable, resilient, and equitable future” for the hemisphere, Castañeda said it’s clear from the last-minute wrangling over the guest list that Latin America is not a priority for the U.S. president. “This ambitious agenda, no one knows exactly what it is, other than a series of bromides,” he said. The U.S. is hosting the summit for the first time since its launch in 1994, in Miami, as part of an effort to galvanize support for a free trade agreement stretching from Alaska to Patagonia.

But that goal was abandoned more than 15 years ago amid a rise in leftist politics in the region. With China’s influence expanding, most nations have come to expect — and need — less from Washington. As a result, the premier forum for regional cooperation has languished, at times turning into a stage for airing historical grievances, like when the late Venezuelan leader Hugo Chávez at the 2009 summit in Trinidad & Tobago gave President Barack Obama a copy of Eduardo Galeano’s classic tract, “The Open Veins of Latin America: Five Centuries of the Pillage of a Continent.”

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“..if these energy prices stay high in the long run then they will entirely work their way into food prices.”

Food, Gas Prices Soar With No End In Sight, Americans Change Habits (JTN)

Americans are changing their shopping habits because of soaring food prices. And disruptions in the international farming community have some worried about the food supply heading into 2023. The BMO Real Financial Progress Index, a quarterly survey from BMO and Ipsos, shows that 42% of surveyed adults “are changing how they shop for groceries,” including “opting for cheaper items, avoiding brand names and buying only the essentials.” The report found “46% are either dining out less or consciously spending less when dining out.” Record high energy costs and Russia’s invasion of Ukraine have been major factors in rising food prices.

Gas prices hit new record highs every day in the past week. According to AAA, the national average gas price rose to $4.85 on Sunday, with diesel gas prices at their own record of $5.64 per gallon. That added cost makes it more expensive for farmers to operate equipment, transport goods to market, and more. “By the economics textbook, higher costs work themselves up through the supply side of the market and raise prices,” said Roger Cryan, chief economist at the American Farm Bureau Federation. “The prices are especially high right now because of the sudden lack of access to Black Sea grain, but if these energy prices stay high in the long run then they will entirely work their way into food prices.”

Ukraine is a major food exporter, and it also is an exporter of several key chemicals used to make fertilizer. “Ukraine is one of the largest wheat producers and suppliers, so wheat is definitely under pressure,” said Maksym Chepeliev, an agriculture professor at Purdue University and a Research Economist at the Center for Global Trade Analysis. “Corn as well, because apart from the fact that Ukraine is a large corn producer and supplier that needs to be replaced, there have been issues with some droughts in South America and also the U.S. that kind of reduced the corn supply, and China is demanding more corn … and that is … pushing the global corn market.”

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Saw the ABC Spain report a few days ago, but it was behind a paywall. Pompeo won’t show up, but with the extradition still in the air, this might be a useful twist.

Spanish Court Orders Mike Pompeo To Testify On CIA Plot vs Assange (ZH)

In a surprising development surrounding WikiLeaks and the fate of Julian Assange, who is still in London’s Belmarsh prison awaiting awaiting a decision from UK Home Secretary Priti Patel on extradition to the US, a Spanish court has summoned former Secretary of State Mike Pompeo to testify on whether the CIA planned to assassinate WikiLeaks founder Julian Assange. Pompeo was head of the agency during the time period that a bombshell Yahoo News investigative report last year revealed that the CIA allegedly plotted to kidnap or even kill Assange, following Washington outrage that WikiLeaks made public a batch of documents exposing the agency’s ultra-secretive hacking tools known as Vault 7.

At the time, the Yahoo report quoted a former Trump national security official who described that Pompeo and other top intel officials “were completely detached from reality because they were so embarrassed about Vault 7 … they were seeing blood.” As ABC Spain reports, the summoning comes after filings by Assange’s legal team related to his ongoing proceedings with the UK government: “According to legal sources consulted by ABC, Pompeo has been summoned this June, although he may appear by videoconference. The same resolution agrees to call William Evanina, a former key US counterintelligence official who reportedly made statements supporting that theory. Pedraz has made this decision after the prosecutor Carlos Bautista reported in favor of the petition filed by the lawyer Aitor Martínez who, together with Baltasar Garzón, defends Assange.”

The Spanish report continues, “Separately, Spain’s National Court has been probing a Spanish security firm that may have spied on Assange for the CIA while providing security for the Ecuadorean Embassy in London.” “National High Court Judge Santiago Pedraz agreed to summon Pompeo and former U.S. counterintelligence official William Evanina as witnesses to explain whether a plot was drawn up,” it adds. Pompeo has yet to issue comment on the ruling or whether he plans to appear, which isn’t likely, given current or former top US intelligence officials do not subject themselves to legal examinations on classified intelligence matters.

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“The leadership at the FBI has played a prominent role in the American people losing faith in that organization..”

Ratcliffe: Durham Lost Sussmann Battle, But Winning War (NM)

Former Director of National Intelligence John Ratcliffe on Sunday denounced the acquittal of former Hillary Clinton campaign lawyer Michael Sussmann, calling the verdict “contrary to the evidence.” In an interview on Fox News’ “Sunday Morning Futures,” Ratcliffe lamented the judicial decision to not allow certain evidence in the case. “The verdict was disappointing because it was contrary to the evidence,” he said. “Michael Sussmann’s own text messages confirmed exactly what the government said, which is that he claimed to just be a private citizen coming in when he had a story about a connection between the Trump campaign server and a Russian bank, which was clearly false, when the evidence clearly showed that he was acting on behalf of the Clinton campaign.”

“It wasn’t a judge verdict,” he added, because “the judge in this case wouldn’t allow certain evidence of the Clinton conspiracy to be included.” But Ratcliffe said the “bigger picture” is that though special counsel John Durham’s prosecution may have lost this battle … “they’re clearly winning the war.” “The most powerful testimony to come out of this was admissions by the Clinton campaign about the fact that the Trump-Russia collusion narrative was, in fact, approved by Hillary Clinton,” Ratcliffe said. According to Ratcliffe, some people in the FBI misled the American people for political reasons. “The leadership at the FBI has played a prominent role in the American people losing faith in that organization,” he declared. “Our law enforcement community was briefed on the fact that it was Hillary Clinton that created this entire Trump-Russia collusion narrative and that the FBI knew that from the beginning,” he said

“When that is the purpose of what your special counsel is to be, and you leave that out altogether, it shows that there was a deliberate effort here, unfortunately, on behalf of some folks in our law enforcement community to mislead the American people for political reasons,” he said. Ratcliffe railed that from the start, “the FBI and everyone in law enforcement that then became part of the Mueller investigation were aware from day one with that this whole Trump-Russia investigation that was playing out over years to the American people was created by the Hillary Clinton campaign.”

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He said numerous times he had “ample evidence” of collusion. He didn’t. But now he’s back as if that never happened.

Schiff Says Jan. 6 Panel Has More Revelations For Americans (Hill)

Rep. Adam Schiff (D-Calif.), a member of the committee investigating the Jan. 6, 2021, uprising, hinted on Sunday there are more revelations in store about the events that led up to the attack on the U.S. Capitol, saying a “comprehensive narrative” would be mapped for the first time when the panel holds its first public hearing this week. Schiff told host Margaret Brennan on CBS’s “Face the Nation” that Americans have already seen “a number of bombshells” come out of the panel’s investigation — but said more surprises would be revealed on Thursday, including a narrative of the events leading up to Jan. 6. “Our goal is to present the narrative of what happened in this country, how close we came to losing our democracy, what led to the violence,” Schiff said.


“Americans I think know a great deal already — they have seen a number of bombshells already [and] there’s a great deal they haven’t seen. But perhaps the most important is the public has not seen it woven together, how one thing led to another.” The Jan. 6 panel will hold its first public hearing at 8 p.m. on Thursday. It’s unclear exactly who will be testifying publicly, as the committee has not released the names of any witnesses. Chairperson Bennie Thompson (D-Miss.) has said up to eight public hearings could be held throughout June as the panel presents the findings of its investigation, which included more than 1,000 interviews. The Jan. 6 insurrection saw a mob of pro-Trump supporters storm the U.S. Capitol in an attempt to overturn certification of the 2020 election, which Trump and his allies and supporters continue to claim without evidence was stolen.

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“The case recently swung in Berenson’s favor when U.S. District Judge William Alsup greenlit his breach-of-contract claim against Twitter..”

Twitter In Settlement Talks With Deplatformed Journalist Alex Berenson (JTN)

Former New York Times reporter Alex Berenson and Twitter are in active settlement talks to resolve his censorship lawsuit against the company, which deplatformed him following a tweet that said COVID-19 vaccines don’t stop infection or transmission, a view that has long been confirmed by global data and reiterated by Bill Gates this year. In a joint filing Thursday, the parties asked the U.S. District Court in San Francisco for a “modest extension of the discovery deadlines” in the case so they can “focus their efforts on resolution,” a request granted Friday. They had mediation sessions May 27 and 31, the filing says.


A previous order required Berenson to produce certain documents by Monday, which has now been pushed off until June 16, and other deadlines were also moved back 10 days. The case recently swung in Berenson’s favor when U.S. District Judge William Alsup greenlit his breach-of-contract claim against Twitter, saying he plausibly alleged the company “fail[ed] to abide by its own five-strike policy and its specific commitments” made by a PR executive directly to Berenson before his first strike. Berenson shared the new filing with subscribers to his newsletter Thursday, saying he would let it “speak for itself.”

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“Neither agency requested additional information.”

Musk’s Twitter Acquisition Clears US Antitrust Review (Fox)

Elon Musk’s $44 billion acquisition of Twitter is a step closer to completion as the regulatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 officially expired on Friday. The HSR requires companies to give advance notice of transactions above a certain threshold to the Federal Trade Commission and Department of Justice. The agencies have 30 days from the notification to pursue an initial investigation of the transaction to determine whether additional information is needed to assess its legality. Neither agency requested additional information. While the expiration of the HSR waiting period has been satisfied, Twitter emphasized that the deal’s completion is still subject to remaining customary closing conditions, including shareholder and remaining applicable regulatory approvals.


The deal, which would take Twitter private at $54.20 per share, is expected to close in 2022. The latest development comes after Musk said the deal would be temporarily put on hold as he awaits calculations supporting the social media giant’s internal estimate that spam and fake accounts make up less than 5% of the platform’s users. Musk, who has vowed to crack down on Twitter’s spam bots, has said he believes at least 20% of its users are spam or fake accounts and that he would be willing to renegotiate the deal for a lower price proportionate to the total percentage.

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“Hey, why are they already writing my suicide story!?”

Musk: Things I’ll Never See In My Life (CB)

It came the day before he tweeted a meme that said, “Things I’ll never see in my life,” along with photos of a fire-breathing dragon, a unicorn, a dinosaur, and the Jeffrey Epstein/Ghislaine Maxwell client list. “Only thing more remarkable than DOJ not leaking the list is that no one in the media cares. Doesn’t that seem odd?” he added. A Twitter user posted a picture of Musk with Maxwell to which Musk replied: “Ah yes, Maxwell photobombing me at a @VanityFair Oscars party – you should ask them why they invited her.” “The same people who push this photo say nothing about prominent people who actually went to his island a dozen times. Also very strange…” he added.


It isn’t the first time Musk mentioned Maxwell’s client list. A Twitter user asked: “It says it all that we heard more about Will Smith slapping Chris Rock than we heard about Ghislaine Maxwell’s trial. It is also “interesting” that the account tracking the Ghislaine Maxwell’s trial got banned when it gained traction. Lovely people indeed…” Musk then quipped: “Where is their ‘client’ list? Shouldn’t at least one of them go down!?” Shortly thereafter he added: “Hey, why are they already writing my suicide story!?”

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I think fasting may be crucial.

Why Your Depression May Really Be Insulin Resistance (PT)

Remarkably, as of 2022, most people have still never heard of insulin resistance. This is true even though it is the single most common chronic health condition in the U.S. and a major contributor to six of the top eight causes of death in 2021 (heart disease, cancer, COVID, stroke, Alzheimer’s disease, and diabetes). How common can insulin resistance be if you’ve never heard of it? Extremely common; an estimated 88 percent of U.S. adults in 2018 had this condition (1). Briefly stated, insulin resistance is a process in which cells become less responsive to a hormone called insulin. Because insulin receptors are found in every cell in the body—muscle, fat, organs, bone, skin—how well cells respond to insulin signals is critical to how we feel and function.

One of insulin’s main functions is to help the body control blood sugar levels by putting excess blood sugar into cells for storage. This process occurs every time you eat. Because insulin is so crucial to blood sugar regulation, even people who have heard of insulin or insulin resistance mostly think of it as a problem for diabetics. Indeed, this is partly true. In people with diabetes, their cells have become so resistant to insulin that insulin can no longer keep their blood sugar levels in a healthy range. As a result, blood sugar levels run high, with catastrophic consequences if left unchecked. Unfortunately, even when a person with diabetes receives treatment, this treatment doesn’t necessarily improve their underlying insulin resistance; a person can lower blood sugar levels while remaining insulin resistant, giving them a false sense of security about their health.

Insulin affects every organ in the body—including the brain. When insulin levels become chronically elevated, brain tissue also becomes insulin resistant. The consequences of this are numerous and severe. For example, although the science is not yet strong enough to make it an official diagnosis, many researchers now refer to Alzheimer’s disease, the progressive and fatal form of dementia associated with severe memory loss, as “Type 3 diabetes” in reference to the effects possibly being the result of long-term insulin resistance in the brain.

[..] The rapidly evolving science on insulin resistance and brain function now also suggests that effects could extend beyond dementia to include depression. Depression is a condition defined by a heterogeneous collection of symptoms. Some of the classic symptoms of depression—such as sadness, guilt, suicidality, and poor concentration—are believed to result from dysfunction in a neurotransmitter called serotonin. Popular antidepressants such as Prozac work by improving serotonin function in the brain. In contrast, other common symptoms of depression such as anhedonia (a lack of motivation or interest), fatigue, motor impairment, and loss of sex drive are more closely linked to dysfunction in other neurotransmitters such as dopamine and norepinephrine. This is another area where insulin resistance becomes especially relevant.

Vitamin D reduces autoimmune disease

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Sep 112018
 
 September 11, 2018  Posted by at 9:16 am Finance Tagged with: , , , , , , , , , , ,  10 Responses »


Claude Monet The Manneporte at Étretat 1886

 

 

Please Note: The mailing lists I’ve used for many years all of a sudden stopped working. This appears to be because there is some sort of discrepancy between Gmail and Apple Mail. I’ve lost all access to one Gmail account in Apple Mail, though it still works in a browser. Two other Gmail accounts still function in Apple Mail, but bounce back all mails sent as part of the mailing lists. Working on a solution.

Ilargi

 

 

 

America’s Sub-4% Unemployment Rate Means A Recession Is Not Far Off (Colombo)
Mass Evacuations Ordered As Hurricane Florence Heads Toward Carolinas (R.)
EU’s Barnier Says Brexit Deal Still ‘Realistic’ As Deadline Looms (Ind.)
Three-Bagger (Jim Kunstler)
Kim Jong Un Asks Trump For Another Meeting In ‘Very Warm’ Letter (R.)
US Threatens To Arrest ICC Judges Who Probe War Crimes (AFP)
Moscow Has Upped the Ante in Syria (VIPS)
Netherlands Ends Support To Syrian Militants & White Helmets (RT)
Catalan Separatists Plan Mass Rally Tuesday For Independence From Spain (R.)
Creditors Warn Greece On Debt Relief As Inspectors Return (AP)
Greece’s Moria Migrant Camp Faces Closure Over Living Conditions (K.)
US Teens Prefer Remote Chats To Face-to-Face Meeting (AFP)

 

 

Not all that glitters is gold.

America’s Sub-4% Unemployment Rate Means A Recession Is Not Far Off (Colombo)

The strong job market has become a reason for optimism for many Americans in the past couple years in stark contrast to the dark days of the Great Recession and the ensuing “jobless recovery.” The unemployment rate fell beneath 4% for the past several months, weekly jobless claims are at a 49-year low, and wages are growing at their fastest rate since 2009. So, what’s not to like? Obviously, everyone likes good news on the economic front, but these strong job market statistics are a sign that the economic cycle is much closer to the end (including a recession and bear market) rather than the beginning. As the chart below shows, when the U.S. unemployment rate falls under 4%, recessions follow soon after (recessions are marked by the gray shaded areas on the chart).

Historically, U.S. unemployment under 4% is quite rare and typically occurs after a long, powerful economic expansion. By the time the unemployment rate is under 4%, the economic cycle is already mature, the labor market is tight, and inflation is becoming a concern. At this time, the Federal Reserve has been hiking interest rates steadily, which eventually causes the demise of the economic cycle. According to Nicole Smith, chief economist at the Georgetown University Center on Education and the Workforce: “The 4 percent number is not exactly a number that economists are necessarily happy with.” “What’s been happening here is, if we look historically at other times when the unemployment rate has fallen below 4 percent, it’s times where it was the boom phase just before recession or just after a major war period.”

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Florence is dangerous. Get out of the way.

Mass Evacuations Ordered As Hurricane Florence Heads Toward Carolinas (R.)

Mass evacuations were ordered along the U.S. Atlantic Coast as Hurricane Florence, a Category 4 storm and the most powerful to menace the region in nearly three decades, barreled toward the region on Tuesday. Governor Ralph Northam issued an evacuation order for about 245,000 residents in flood-prone coastal Virginia beginning at 8 a.m. local time while South Carolina Governor Henry McMaster has ordered more than 1 million residents along his state’s coastline to leave starting at noon on Tuesday. “This is a serious storm and it’s going to effect the entire state,” Northam told a news conference. “Everyone in Virginia needs to prepare.”

Florence, packing winds of 140 miles per hour (220 kph), was expected to grow even stronger before making landfall on Thursday, mostly likely in southeastern North Carolina near the South Carolina border, the National Hurricane Center in Miami said. North Carolina Governor Roy Cooper told a news conference his state was in “the bull’s eye.” At least 250,000 more people were due to be evacuated from the northern Outer Banks in North Carolina on Tuesday after more than 50,000 people were ordered on Monday to leave Hatteras and Ocracoke, the southernmost of the state’s barrier islands.

North Carolina, South Carolina, Virginia and Maryland governors have declared states of emergency. Authorities warned of life-threatening coastal storm surges and the potential for Florence to unleash prolonged torrential rains and widespread flooding, especially if it lingers inland for several days. NHC Director Ken Graham warned of “staggering” amounts of rainfall that may extend hundreds of miles inland and cause flash flooding across the mid-Atlantic region.

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If the UK change their positions, that is.

EU’s Barnier Says Brexit Deal Still ‘Realistic’ As Deadline Looms (Ind.)

It is “realistic” to believe Britain and the EU will sign a Brexit withdrawal agreement before the looming deadline, Michel Barnier has said. Speaking at the Bled Strategic Forum conference in Slovenia the EU’s chief negotiator said a deal was “possible” in the next six to eight weeks – the cutoff date set for talks. The pound jumped by nearly 1 per cent against the dollar on the foreign exchange markets following the comments, after traders apparently over-interpreted the official’s words. “If we are realistic, I want to reach an agreement on the first stage of the negotiation, which is the Brexit treaty, within six or eight weeks,” Mr Barnier said.

He added: “The treaty is clear, we have two years to reach an agreement before they leave… in March 2019. “That means that taking into account the time necessary for the ratification process in the House of Commons on one side, the European Parliament and the Council on the other side, we must reach an agreement before the beginning of November. I think it is possible.” The episode comes around a week after jumpy financial markets also boosted the pound after Mr Barnier repeated his mantra about wanting to do an ambitious and unique trade deal with the UK. Though little has changed on the ground, both sides of talks are staying publicly positive – if only to give them the upper hand in any ensuing blame game that follows a no deal.

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“..a cast of rogue spooks from the CIA, various FBI officers, and British Intelligence in a scheme that is now going to grand juries.”

Three-Bagger (Jim Kunstler)

The likely confirmation of Brett Kavanaugh may be a last straw for the “Resistance.” It would certainly affect the adjudication of any new disputes that arise over relations between Mr. Trump and Special Counsel Robert Mueller in the weeks ahead. The Mueller investigation into 2016 election “collusion” between Russia and Trump looks more and more like a case of displacement-projection syndrome, since dumpster-loads of evidence now point to collusion between the Hillary campaign, the DNC, a cast of rogue spooks from the CIA, various FBI officers, and British Intelligence in a scheme that is now going to grand juries.

All that nasty business, starting with the news that a grand jury has been secretly grilling former FBI Deputy Director Andrew McCabe for weeks, suggests that events are about to unspool dramatically. The story has been coiling for months as fresh documents emerge and officials, such as the DOJ Inspector General, confirm what they mean. It remains to be seen whether the Web chatter about dozens of “sealed indictments” coming down is horse-shit. The baffling part is the role of Attorney General Jeff Sessions. I’m inclined to doubt that Mr. Trump’s regular vilifications of Sessions are a ruse, meant to mislead the media about the AG’s activities in these matters. But the DC Swamp is unnerved by Sessions’ extraordinary absence of presence on the scene. Has he actually been involved in any of this, or is he playing animal lotto on his desk?

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The Korea’s want peace and unison. Let nobody put a loophole, a loophole in their way.

Kim Jong Un Asks Trump For Another Meeting In ‘Very Warm’ Letter (R.)

U.S. President Donald Trump received a “very warm, very positive” letter from North Korean leader Kim Jong Un asking for a second meeting and the White House is looking at scheduling one, White House spokeswoman Sarah Sanders said on Monday. The two countries have been discussing North Korea’s nuclear programs since their leaders met in Singapore in June, although that summit’s outcome was criticized for being short on concrete details about how and whether Kim is willing to give up weapons that threaten the United States. The likely timing of a second Trump-Kim meeting was unclear.

South Korea’s President Moon Jae-in is scheduled to have his third summit with Kim next week in Pyongyang, and his government had pushed for a three-way summit involving Trump, with the aim of agreeing a joint declaration to end the 1950-53 Korean War. The conflict ended with an armistice, not a peace treaty, leaving the U.S.-led United Nations forces including South Korea technically still at war with North Korea. While South Korea had hoped an accord formally ending the conflict could have been unveiled on the sidelines of the U.N. General Assembly later this month, Moon’s security chief Chung Eui-yong said last week, without elaborating, that the necessary conditions for a three-way meeting were missing.

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The ICC was only ever meant to go after Arican dictators fallen out of favor with the west. Bolton protects himself and his ilk.

US Threatens To Arrest ICC Judges Who Probe War Crimes (AFP)

The United States threatened Monday to arrest and sanction judges and other officials of the International Criminal Court if it moves to charge any American who served in Afghanistan with war crimes. White House National Security Advisor John Bolton called the Hague-based rights body “unaccountable” and “outright dangerous” to the United States, Israel and other allies, and said any probe of US service members would be “an utterly unfounded, unjustifiable investigation.” “If the court comes after us, Israel or other US allies, we will not sit quietly,” Bolton said. He said the US was prepared to slap financial sanctions and criminal charges on officials of the court if they proceed against any Americans.

“We will ban its judges and prosecutors from entering the United States. We will sanction their funds in the US financial system, and we will prosecute them in the US criminal system,” Bolton said. “We will do the same for any company or state that assists an ICC investigation of Americans.” Bolton made the comments in a speech in Washington to the Federalist Society, a powerful association of legal conservatives. Bolton pointed to an ICC prosecutor’s request in November 2017 to open an investigation into alleged war crimes committed by the US military and intelligence officials in Afghanistan, especially over the abuse of detainees. [..] He also cited a recent move by Palestinian leaders to have Israeli officials prosecuted at the ICC for human rights violations.

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Veteran Intelligence Professionals for Sanity (VIPS) is made up of former intelligence officers, diplomats, military officers and congressional staffers.

Moscow Has Upped the Ante in Syria (VIPS)

Mr. President:

We are concerned that you may not have been adequately briefed on the upsurge of hostilities in northwestern Syria, where Syrian armed forces with Russian support have launched a full-out campaign to take back the al-Nusra/al-Qaeda/ISIS-infested province of Idlib. The Syrians will almost certainly succeed, as they did in late 2016 in Aleppo. As in Aleppo, it will mean unspeakable carnage, unless someone finally tells the insurgents theirs is a lost cause. That someone is you. The Israelis, Saudis, and others who want unrest to endure are egging on the insurgents, assuring them that you, Mr. President, will use US forces to protect the insurgents in Idlib, and perhaps also rain hell down on Damascus.

We believe that your senior advisers are encouraging the insurgents to think in those terms, and that your most senior aides are taking credit for your recent policy shift from troop withdrawal from Syria to indefinite war. Russian missile-armed naval and air units are now deployed in unprecedented numbers to engage those tempted to interfere with Syrian and Russian forces trying to clean out the terrorists from Idlib. We assume you have been briefed on that — at least to some extent. More important, we know that your advisers tend to be dangerously dismissive of Russian capabilities and intentions. We do not want you to be surprised when the Russians start firing their missiles.

The prospect of direct Russian-U.S. hostilities in Syria is at an all-time high. We are not sure you realize that. The situation is even more volatile because Kremlin leaders are not sure who is calling the shots in Washington. This is not the first time that President Putin has encountered such uncertainty . This is, however, the first time that Russian forces have deployed in such numbers into the area, ready to do battle. The stakes are very high. We hope that John Bolton has given you an accurate description of his acerbic talks with his Russian counterpart in Geneva a few weeks ago. In our view, it is a safe bet that the Kremlin is uncertain whether Bolton faithfully speaks in your stead, or speaks INSTEAD of you.

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A government spending million to support what it itself has labeled ‘terrorists’. We’re not even surprised. Standard fare in the west.

Netherlands Ends Support To Syrian Militants & White Helmets (RT)

The Netherlands has decided to end its support to militants in Syria, since the program did not yield “expected” results. The move comes as journalists found one of the groups had been labeled as terrorists by the country itself. “The opportunity to quickly change the situation [in Syria] is extremely small,” reads the letter the lower house of the parliament by Dutch Foreign Minister Stef Blok and Minister for Foreign Trade Sigrid Kaag, announcing the end of support programs for the militants in Syria. The program to support of “moderate” anti-government groups in Syria was established in close cooperation with “like-minded donors who pursued the same goals as the Netherlands” and cost the country over $80 million over the years, according to the document.

It failed to “bring the expected results,” however, and is to be closed since the Syrian troops “will soon win” the war against militant groups. Over the years, the Netherlands allocated $29 million to the so-called “non-lethal assistance” (NLA) program, $14.5 million were donated to the so-called White Helmets and $17.1 million went to the Access to Justice and Community Service (AJACS) program. The AJACS was supposedly designed to support “community police” work in Syria, specifically the so-called Free Syrian Police (FSP) group. The support for militants is set to end immediately, yet the White Helmets will be funded until December, according to the document.

Since the White Helmets now operate only in the Idlib province, which is believed to be the destination of the looming offensive by the Syrian Army and its allies, their future is quite doubtful, the document states. [..] The “non-lethal” goods supplied by the Dutch government included satellite phones, uniforms, assorted equipment and even the ‘iconic’ Toyota Hilux pick-up trucks, widely used by various militant groups in Syria. At least one of the groups supplied by the Netherlands, Jabhat al-Shamiya, turned out to be labeled a terrorist group by the country’s own justice department, the journalists have revealed. One Dutch man is currently prosecuted for joining the group back in 2015, with the indictment describing it as a “salafist and jihadist” movement which can qualify only as a “criminal organization with terrorist intent.”

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What year is it?

Catalan Separatists Plan Mass Rally Tuesday For Independence From Spain (R.)

Hundreds of thousands of Catalans are expected to fill the streets of Barcelona on Tuesday for the Spanish region’s first commemorative day since its leader declared independence last year and pitched the country into constitutional crisis. Supporters of splitting the wealthy northeastern region from the rest of Spain have in recent years used the Sept. 11 “Diada”, the anniversary of the fall of their coastal capital to Spanish forces in 1714, to promote the cause. This year, Catalonia’s leader Quim Torra, who took over from his exiled predecessor after Madrid ended an unprecedented period of direct rule, has called for a mass rally in support of his bid for a binding referendum on independence.

“Our government has committed to making the republic a reality,” Torra said in a televised address to mark the occasion. “I wish you all a very good Diada. Long live free Catalonia.” He wore a yellow ribbon signifying support for nine politicians whose jailing for their role in the independence bid is one of the Catalan government’s biggest grievances. Socialist Prime Minister Pedro Sanchez, who took power in June, has taken a softer approach to one of the thorniest issues in national politics than that of his conservative predecessor Mariano Rajoy, but he has stood firm against allowing a vote on secession, or any unilateral attempt by Catalonia to secede.

Last year’s Diada, in which marchers often climb on each other’s shoulders in shows of the traditional sport of forming human towers, fell as the regional government was preparing to hold a referendum in defiance of Madrid, which ultimately sent riot police to try to stop the vote.

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Sovereignty, 2018.

Creditors Warn Greece On Debt Relief As Inspectors Return (AP)

Greece’s lead creditor warned the country on Monday not to stray from reforms agreed upon before the end of its international bailout, as European monitors arrived to check the nation’s finances. The five-day inspection is expected to focus on government promises over the weekend to offer tax relief as well as plans to scrap promised pension cuts that are due to take effect in 2019. Klaus Regling, managing director of the European Stability Mechanism, the eurozone’s rescue fund, told Austria’s Die Presse newspaper that Greece’s needed to stick to its commitments. “We are a very patient creditor. But we can stop debt relief measures that have been decided for Greece if the adjustment programs are not continued as agreed,” he said.

“The debt level appears to be frighteningly elevated. But Greece can live with that as the loan maturities are very long and the interest rates on the loans are much lower than in most other countries.” Left-wing Prime Minister Alexis Tsipras is trailing opposition conservatives in opinion polls and must call a general election within the next 12 months. Amid large protest rallies led by labor unions over the weekend, the prime minister said that relief measures promised to taxpayers would not jeopardize fiscal performance targets and would be introduced gradually. Greece has promised to deliver high primary surpluses — the budget balance before calculating the cost of servicing debt — for years to come, along with a series of reforms in exchange for better debt repayment terms.

The end of the bailout means Greece will have to return to international capital markets to finance itself. However, the country faces a troubled return after the financial turmoil in Turkey and Italy halted a decline in Greek borrowing rates. The yield on Greece’s 10-year-bond remains above 4 percent. The bailout program ended Aug. 20 but the country’s debt level remains near 180 percent of gross domestic product.

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Let’s see what happens in the next 30 days.

Greece’s Moria Migrant Camp Faces Closure Over Living Conditions (K.)

The Regional Authority of the Northern Aegean has given the Ministry of Migration Policy 30 days to clean up the overcrowded Moria hot spot for migrants and refugees on the island of Lesvos, or face closure. The announcement is part of a report compiled by environmental and health inspectors from Lesvos’ public health directorate who found the camp is unsuitable and dangerous for public health and the environment. According to the report, inspectors said there is an uncontrolled wastewater spill at the entrance of the camp, which ends into an adjacent stream or even on the road.

In another section of the camp, toilet waste pipes are broken, resulting in a strong stench and creating a danger to public health. Inspectors said the overcrowding living conditions in Moria, in which up to 15 people are squeezed into the small houses and up to 150 in every tent, increases the risk of disease transmission. “There was also a strong stench and insects (flies) due to the inability to properly clean the living quarters,” the report added. North Aegean Regional Governor Christiana Kalogirou says the ministry will have to restore every damage or problem detailed in the report, otherwise the authority will forbid the hot spot’s operation.

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It’ll take years to assess the damage. And then it’ll be too late.

US Teens Prefer Remote Chats To Face-to-Face Meeting (AFP)

American teenagers are starting to prefer communicating via text instead of meeting face-to-face, according to a study published Monday by the independent organization Common Sense Media. Some 35% of kids aged 13 to 17 years old said they would rather send a text than meet up with people, which received 32%. The last time the media and technology-focused nonprofit conducted such a survey in 2012, meeting face-to-face hit 49%, far ahead of texting’s 33%. More than two-thirds of American teens choose remote communication — including texting, social media, video conversation and phone conversation — when they can, according to the study. In 2012 less than half of them marked a similar preference.

Notably, in the six-year span between the two studies the proportion of 13 to 17-year-olds with their own smartphone increased from 41 to 89%. As for social networks, 81% of respondents said online exchange is part of their lives, with 32% calling it “extremely” or “very” important. The most-used platform for this age group is Snapchat (63%), followed by Instagram (61%) and Facebook (43%). Some 54% of the teens who use social networks said it steals attention away from those in their physical presence. Two-fifths of them said time spent on social media prevents them from spending more time with friends in person. The study was conducted online with a sample of 1,141 young people ages 13 to 17, from March 22 to April 10.

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