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Debt Rattle August 2 2024

Aug 022024
 
 August 2, 2024  Posted by at 9:28 am Finance Tagged with: , , , , , , , , , ,  37 Responses »


Henri Matisse Trivaux pond 1916-17

 

• 2024 Olympics in France – Interpreting Satanic Olympics Inauguration (Koenig)
• Female Boxer’s Olympic Beatdown Sparks Fury (RT)
• West Sees Immigration As A Way Of Getting Rid Of The Nation-State -Orban (RMX)
• US Recognizes Opposition Candidate as Winner in Venezuela – Blinken (Sp.)
• Regime Change In Venezuela Unlikely (SCF)
• Zelensky Says Most Of World Wants Him To Talk To Russia (RT)
• Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st (ZH)
• Haniyeh Killed By Bomb Placed In Tehran Guesthouse 2 Months Ago (ZH)
• Harris Only Recently Turned Black – Trump (RT)
• Trump Collapsed US-Russia Arms Control by Scrapping INF Treaty (Sp.)
• INF Treaty Stood in Way of Plans to Militarize Europe, Hold Russia Back (Sp.)
• Lindsey Graham Introduces Bill Authorizing Military Force in Iran (Sp.)
• Netanyahu Playing A Deadly Game Drawing US Into A War With Iran (Jay)
• Houthis Urge ‘Dangerous’ Response to Israel (Sp.)
• Prisoner Swap Was Battle of Self-Control, Moscow Says (Sp.)

 

 

 

 

 

 

 

 

 

 

Larry

Ratings

Italy Court
https://twitter.com/i/status/1819001509314498881

Maduro
https://twitter.com/i/status/1818812107036438993

 

 

 

 

This author seems to get lost in all the different threads in his head, but the main one is obvious: to confuse all people, especially the young, about who and what they are. Until boys are no longer boys, or girls, girls. And what better stage to convey the message than the Olympics, the most televised and watched global event. Which is exactly why it should not happen there. Well, too late.

• 2024 Olympics in France – Interpreting Satanic Olympics Inauguration (Koenig)

“The opening ceremony of the Olympics felt like the closing ceremony of humanity”, posted on “X” (former Twitter) by @KimDotcom. The Satanic symbolism of the inauguration of the French Olympics on 26 July 2024, raised many questions on interpreting them. Those who are behind these diabolical symbols, of course knew what they were doing. In brief, as the Dark Satanic Cult, as it did on many occasions before, they showed us, the People, what they have already done with us, how far they have advanced in their evil endeavor, and that we are at the final stage of the apocalypse, as depicted in the Book of Revelation. With gory details, blasphemous symbolism, a gross display of the United Nations 2030-Woke agenda, transgender, and homosexuality no end, they demonstrated the end phase of the Fourth Horseman of Death.

[..] They are telling us that our last hour has wrung. The three initial phases of the Apocalypse have come and gone and some are being executed in parallel with each other – Conquest, War, Famine… while we are indeed entering the Forth – meaning Death. This, the Fourth Horseman, is meant to tell us. Conquest – almost without humanity noticing, we have been taken over – by the Globalists, those who are pretending to be at the point of establishing a One World Government and a One World digital currency – exerting full control. No kidding. We are not far from this moment – Wake up People!!! War – there is no need even to talk about wars. They are all over. All of them initiated in one way or another by the same elitist Dark Satanic Cult.

First, create unrest by terrorism, infiltrated into a country by the Satanic Cultists, then invade, create an endless war, never to win – and so the industry that fuels it, will earn trillions of fake money, we, the People, work hard for – while the Zuckerbergs et al – buy yachts worth half a billion dollars, irrespective of the CO2 emissions they tell us, the People, to reduce to zero. – Zuckerberg is founder, chairman and CEO of Meta, former Facebook, one of the tech-giants. The latest wealth report, just out, indicates that 1.5% of the world population owns 47.5% of the world’s wealth. Why is that important? – Because Wars, the War Industry, is one of the largest generators of this fake wealth, wealth by death, exactly what the Forth Horseman has in store for us. Wars area also supported directly or indirectly by the tech-corporations, by “Cyber-Valley”, formerly called Silicone Valley. Famine – we are being plunged into an artificial famine, by the false climate change agenda and the overall lie that has been drilled into the human brain — it seems to be irreversible. The “smartest” people believe in it. So, CO2 emissions and other greenhouse gases – like farthing cows – are causing the manmade climate change – against any evidence, just propaganda – and we, the People, swallow it. And if We, the People, do not stop it, Climate Change will kill us all.

No word about geoengineering the weather, the climate – so we believe in the “climate” hoax. We are blind, cannot see the white crisscrossing chemtrails on the sky, cannot see that these all-destructive horrendous brush and forest fires are made by Direct Energy Weapons (DEW) – another means of doing away with humanity. Human agriculture, the very base for our lives, giving us the daily nutrition we need, is being killed by the dark Satanic Cult. Farmland is being bought up, for example, by the Bill Gates Foundation, thus, preventing it from being used to produce food. Bill Gates is currently the largest single farmland-owner of the US of A. Why is this important to know? – Because it is all connected – causing famine and misery, and connected to the horrendous death-depicting symbolism of the Olympic Openings. We let it happen. It is our fault – as we are being told. Our Christian culture has brought us up with guilt. We are guilty before we are even born — so, yes, we must suffer.

Some protest, but most don’t. Instead, they prepare themselves for a diet on bugs and maybe grass – a diet towards famine — leading directly to the Fourth Horseman – DEATH. The blasphemously displayed Last Supper of transvestites and gays confirms us death and extinction is on the horizon, as queers will not procreate. – The Woke agenda is just one more step to Human extinction – Death. Death – That is what they want for most of us. A small group of “underlings” cum transhumans, commanded by 5G and soon 6G – no chips needed – will be their slaves. These quasi-robots are happy owning nothing. In case they become unhappy, they can be extinguished remotely – when they become problems, or are no longer needed. That’s it, Folks! They have been very honest – their Olympics symbolism has clearly shown us where we are — they came out in the open with their verdict: See what we can do – there is no return. Wake up People. It is never too late. There is never a moment of NO RETURN – unless we are dead. Never forget this simple phrase: Together we Can.

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More Satan. In the civilized world, men don’t beat women. Everybody knows. Except, now, at the Olympics, where they hand out medals for it.

• Female Boxer’s Olympic Beatdown Sparks Fury (RT)

A women’s boxing match at the Paris Olympics has triggered international condemnation and questions about the fairness of letting a “biological male” compete in the ring. Italy’s Angela Carini faced off against Algeria’s Imani Khelif on Thursday, in the welterweight (66kg) category, but lasted just 45 seconds. After taking two big punches to the face, Carini threw down her helmet and forfeited the bout, crying “this is unjust!” Carini yanked her hand away as the referee declared Khelif the winner, then dropped to her knees and burst into tears. “I’m used to suffering. I’ve never taken a punch like that, it was impossible to continue,” she said after the match. Carini has faced an outpouring of solidarity from critics of transgenderism around the world, who denounced Khelif as a biological man and protested the bout as unfair.

“This is sickening. This is a travesty. Doesn’t matter what you believe. This is wrong and dangerous,” said Jake Paul, a Youtuber turned professional boxer. “A young female boxer has just had everything she’s worked and trained for snatched away because you allowed a male to get in the ring with her,” author J.K. Rowling told the International Olympic Committee (IOC), adding that the 2024 Olympics “will be forever tarnished by the brutal injustice done to Carini.” American college swimmer Riley Gaines started a hashtag on X (formerly Twitter) “I stand with Angela Carini,” which was endorsed by the platform owner, Elon Musk. “All the competitors comply with the eligibility rules,” IOC spokesman Mark Adams insisted on Thursday. “And, by the way, this is not a transgender issue.”

Khelif had been disqualified by the International Boxing Association (IBA) in 2023 as a biological male. The boxer appealed to the Court of Arbitration for Sport (CAS) but “withdrew the appeal during the process,” the IBA said on Wednesday. The association protested the IOC decision to allow Khelif to compete in Paris, arguing that its rules “raise serious questions about both competitive fairness and athletes’ safety.” The IOC has ruled that both Khelif and Lin Tu-ting – a boxer representing Chinese Taipei – “are women according to their passports.” The Olympic body has also excluded the IBA from the Paris games, in part because the association is based in Russia.

According to Algeria, Khelif is not transgender at all but a woman affected by a condition known as hyperandrogenism, characterized by a high level of testosterone and the presence of XY chromosomes. “We condemn the unethical targeting and maligning of our esteemed athlete, Imane Khelif, with baseless propaganda from certain foreign media outlets,” the Algerian Olympic Committee said in a statement on Wednesday. The Paris Olympics have come under a barrage of criticism over last Friday’s opening ceremony, which included homosexuals, transsexuals and drag queens simulating a Bacchanalia patterned after Leonardo da Vinci’s famous mural ‘The Last Supper.’

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Closely linked to the above.

“..if there are more guests than owners, the home is no longer a home. This risk should not be taken here.”

• West Sees Immigration As A Way Of Getting Rid Of The Nation-State -Orban (RMX)

In Hungarian Prime Minister Viktor Orbán’s speech at Tusványos in Romania, he focuses on the intractable differences developing between the East and West of Europe, with immigration one of the key divisions. He not only rejects the Western view on immigration, but sees it as an agenda with a very specific ideology behind it, which is designed to erode the nation-state entirely. “But Westerners, quite differently, believe that nation-states no longer exist. They therefore deny that there is a common culture and a public morality based on (the nation-state). There is no public morality, if you watched the Olympic opening yesterday, you saw it. So, they also think differently about migration. They believe that migration is not a threat or a problem, but in fact a way of getting rid of the ethnic homogeneity that is the basis of a nation. This is the essence of the progressive liberal international concept. That is why the absurdity does not occur to them, or they do not see it as absurd,” he said.

He said that this contrast between East and West is playing out through war and the movement of peoples, saying that while hundreds of thousands of Christian people are killing each other in the East, “in the West of Europe, we are letting hundreds of thousands of people into a foreign civilization, which is absurd from our Central European point of view.” This dramatic ideological cleavage is not a “secret,” according to Orbán. He said that the documents and policy papers coming out of the EU shpw that the “clear aim is to transcend the nation.” “But the point is that the powers, the sovereignty, should be transferred from the nation-states to Brussels. This is the logic behind all major measures. In their minds, the nation is a historical, or transitional, formation of the 18th and 19th centuries — as it came, so it may go. They are already in a post-national state in the Western half of Europe. It’s not just a politically different situation, but what I’m trying to talk about here is that it’s a new mental space.”

Orbán says that the Hungarian perspective is different, which is why the government is taking measures now to ensure it has a resilient social structure, and the first step is to combat Hungary’s demographic decline. He noted that progress in this area had been made in the preceding years but acknowledged that there has been a standstill and new measures must be taken. “By 2035, Hungary should be demographically self-sustaining. There is no question of a population being replaced by migration. The Western experience is that if there are more guests than owners, the home is no longer a home. This risk should not be taken here.” Orbán notes that not everyone in the West is happy about the demographic transformation taking place in their countries, and in many cases, there are strong majorities against continued mass immigration. This, in turn, has led to a sharp increase in repression against dissenting voices and increasingly undemocratic trends in Western countries.

And finally, the last element of reality is that this post-national situation that we see in the West has a serious, I would say dramatic, political consequence that is shaking democracy. Societies are increasingly resistant to migration, gender, war and globalism. And this creates the political problem of elites and the people, elitism and populism. This is a dominant phenomenon in Western politics today…This means that the elites condemn the people for drifting to the right. The feelings and ideas of the people are labeled xenophobia, homophobia and nationalism. The people, meanwhile, in response, accuse the elite of not caring about what is important to them, but of sinking into some kind of mindless globalism. Consequently, the elites and the people cannot agree with each other on cooperation. I could mention many countries. But if the people and elites cannot agree to cooperate, how can it become a representative democracy? Because here we have an elite that does not want to represent the people, and is proud of not wanting to represent them, and here we have the people who are not represented.”

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They’ve been at it for over 2 decades.

• US Recognizes Opposition Candidate as Winner in Venezuela – Blinken (Sp.)

The United States has determined it will recognize opposition candidate Edmundo Gonzalez the winner of the Venezuelan presidential election, US Secretary of State Antony Blinken said in a press release. “Given the overwhelming evidence, it is clear to the United States and, most importantly, to the Venezuelan people that Edmundo González Urrutia won the most votes in Venezuela’s July 28 presidential election,” Blinken said in the release on Thursday. Blinken called on the Venezuelan parties to begin discussions on a peaceful transition of power in accordance with Venezuelan electoral law. Moreover, Blinken also said that the United States rejects Venezuelan President Nicolas Maduro’s “unsubstantiated” allegations against opposition leaders, including González and María Corina Machado. Machado co-founded the Venezuelan Non-Governmental Organization (NGO) Sumate which received significant financial support from the National Endowment for Democracy (NED).

In 2005, she traveled to the White House to meet then-US President George W Bush, a meeting that was described in classified diplomatic cables as “poking [then Venezuelan President Hugo] Chavez in the eye,” In 2014, she took a diplomatic position with the government of Panama, which gave her the ability to speak at the Organization of American States (OAS). She used that platform to publicly call for foreign intervention in Venezuela. She has since been banned from running for office. Earlier this week, Maduro said Gonzalez and Machado must face justice. On Thursday, RT journalist Fiorella Isabel reported that a draft resolution for the US House of Representatives was being floated around Washington looking for co-signers. That draft calls for more sanctions on Venezuela and would recognize González as the legitimate president of Venezuela. She added that the draft was authored by Reps. Debbie Wasserman Schultz (D-FL) and Mario Díaz-Balart (R-FL).

In 2019, the US officially recognized Juan Guaido as the interim President of Venezuela. He was eventually removed as the leader of the opposition from his own party and currently lives in Miami, Florida. The National Electoral Council declared Maduro president-elect for 2025-2031 after the presidential elections were held in Venezuela on July 28. The Electoral Council said Maduro won 51% of the vote. Protests broke out the day after the election, leading to clashes between the police and protesters in Caracas. Protesters threw stones and Molotov cocktails at law enforcement officers. According to the Prosecutor General’s Office, 77 law enforcement officers were injured; more than 1,000 people were detained on charges of destruction of state infrastructure, incitement of hatred and terrorism. The Venezuelan government said a number of countries interfered in the elections and the people’s right to self-determination.

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“The Bolivarian Revolution was a movement started within the ranks of the Army, with Hugo Chavez’s ideology being extremely popular among Venezuelan soldiers.”

• Regime Change In Venezuela Unlikely (SCF)

As expected, Nicolás Maduro won the elections in the Bolivarian Republic of Venezuela. Without major difficulties, the current president defeated all his opponents, being chosen by the majority of the Venezuelan people to govern the country for the third consecutive term. Since Maduro was an efficient leader in managing the nation’s path amidst so many difficulties and sanctions imposed by Western powers, the result does not seem surprising. In practice, Maduro has already proven himself capable of guiding the country even in difficult conditions. However, many Western or Western-aligned countries still insist on denying the reality of Maduro’s victory, avoiding recognizing the results of the elections. Not only that, there are also clear signs of internal sabotage, with anti-democratic protesters carrying out acts of vandalism and various types of crimes to create social instability and impede peace in the post-election period. The groups of protesters are true criminal gangs, willing to do anything for the money of Western recruiters.

Maduro has been strong in combating saboteurs. Ambassadors from hostile countries have been expelled and several criminals – disguised as “protesters” – are being arrested and punished. Not only are regular state forces involved in protecting Venezuela’s legitimate institutions, but there is also widespread popular mobilization against anti-Maduro saboteurs. The protests are mostly being carried out by extremist groups linked to the opposition and foreign intelligence networks that finance the anti-Maduro lobby. There are even videos circulating on the internet exposing drug traffickers declaring their support for the opposition, which shows the nature of the militants against the legitimate government of Venezuela. In practice, the West is literally recruiting criminals, extremists and terrorists to operate national destabilization maneuvers in the South American country.

Many analysts are commenting on the possibility of a color revolution, regime change operation or even civil war on Venezuelan soil. Although all possibilities need to be considered, it seems unlikely that these tragic scenarios will develop, as the situation in Venezuela, although not completely normalized, still appears far from absolute instability. The protests are indeed happening, but they are not as big and relevant as the Western media makes it seem through its propaganda. Local observers have frequently published images showing Venezuelan streets in total peace, without protests or riots. The loyalty of the Venezuelan people to Maduro remains an important factor in neutralizing attempts at illegitimate popular unrest. Furthermore, one of the main points to be emphasized is the strong connection between the Venezuelan government and the country’s military. The Bolivarian Revolution was a movement started within the ranks of the Army, with Hugo Chavez’s ideology being extremely popular among Venezuelan soldiers.

There is no rivalry between the Venezuelan generals and the Maduro government, which reduces the risk of betrayal – and consequently neutralizes the possibility of civil war. In the same sense, even if some generals eventually betray Maduro, the Bolivarian Revolutionary Guard works as a tool to guarantee the legality and ideological principles of the State. If there is betrayal and conflict, the rebel military will face Guard’s troops, who are well trained and prepared to deal with security crisis situations. Without popular support and military betrayal, color revolutions are doomed to failure. For this reason, there are few signs that the current sabotage against Maduro is sufficient to cause significant impacts in the country. These movements, in fact, seem more like an act of desperation on the part of certain agents and specific networks of the American Deep State, with few results in practical reality.

Despite all the difficulties, economic sanctions and political pressure, Maduro seems safe. Having the support of the people and the army, he has the necessary conditions to govern and advance his party’s agenda – which is marked by a type of “pro-Multipolar conservative socialism”, mixing socialist, Christian principles and a sovereignist foreign policy. It is normal and expected for American intelligence and its allied organizations to react to an undesirable election outcome. It does not mean, however, that the reaction to the elections will necessarily be victorious. Most likely, Maduro will be able to neutralize his enemies and consolidate his position as a skilled and charismatic political leader, truly capable of governing the country in current times.

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He’ll come with his stupid demands, they’ll say no.

• Zelensky Says Most Of World Wants Him To Talk To Russia (RT)

The majority of the world believes that diplomatic settlement of the Ukraine conflict is only possible with Russia’s participation in negotiations, and wants to see Moscow take part in a planned second international peace summit scheduled for November, Ukrainian leader Vladimir Zelensky has told French media. Russia was not invited to the first peace summit, hosted by Switzerland in June; according to Zelensky, it was deliberately excluded from the gathering. Now Moscow should take a seat at the table, the Ukrainian leader said in an interview published on Wednesday. “The majority of the world today says that Russia must be represented at the second summit, otherwise we will not achieve meaningful results,” he said, adding “since the whole world wants them to be at the table, we cannot be against it.” The first conference was snubbed by several countries, including China, which demanded talks that would allow both sides of the conflict to participate.

Moscow has repeatedly said it is open to negotiations with Kiev, but there are issues that must first be addressed for any meaningful conversation to begin, including Zelensky’s legitimacy as head of state. His term ended in May and elections were not held due to martial law. According to Zelensky, by November Kiev intends to prepare a plan based on the results of the first summit that will include “territorial integrity, sovereignty and so on.” Asked whether Ukraine’s return to the borders of 1991 would be a mandatory precondition for peace talks with Russia, Zelensky replied that it is desirable but not obligatory. Last month, the Ukrainian leader signaled that he wanted to end the conflict “as soon as possible,” and was now ready to talk with Russia regardless of who is in charge of the country. In 2022, Zelensky barred his country from any talks with the current leadership in Moscow after four former Ukrainian regions voted overwhelmingly to join Russia in referendums which were summarily dismissed by Kiev and its Western backers.

The first summit mainly focused on Kiev’s ‘peace formula’, demanding that Russia withdraw its troops from all territory claimed by Ukraine. Moscow has dismissed the plan, calling it “detached from reality.” Last week, Russian Foreign Ministry spokeswoman Maria Zakharova said that signals sent by Kiev about Ukraine’s willingness to resume peace talks with Moscow are not credible. Russian President Vladimir Putin voiced his own peace proposal in June, saying he was ready to start talks once Kiev commits to neutral status and cedes its claims to all six former Ukrainian regions that chose to join Russia in 2014 and 2022. His overture was rejected by Zelensky as an “ultimatum.”

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Broke. Now what? Europeans will pay. Orban, Fico will refuse.

• Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st (ZH)

Who could have seen this coming? Ukraine’s President Volodymyr Zelensky has signed a new law which defers public debt payments until October if necessary, Reuters has confirmed. The bill was signed by Zelensky and returned to parliament on Wednesday. The government now has the authority to postpone payments on external public debt until restructuring negotiations are seen through, which could then see a moratorium held that would formally mark a sovereign default. “It is necessary to introduce, for the period of transactions to change the terms of borrowing, temporary measures related to the servicing and repayment of debt obligations and a moratorium on satisfaction of creditors’ claims,” the bill released by the president’s office said.

The clock is ticking on debt restructure as a payment freeze agreed upon two years ago will soon expire (on Aug.1), and as Reuters notes: “Earlier this month, Ukraine announced a preliminary deal with a committee of its main bondholders to restructure its near $20 billion worth of international debt.” Bondholders must still approve the deal, which is likely, given the plan has the support of foreign governments. Exactly one week ago, Fitch Ratings downgraded the country’s long-term foreign currency issuer default rating from the “CC” level to the lower “C” level. “The reported agreement with external commercial creditors constitutes a distressed debt exchange (DDE) under its sovereign rating criteria,” Fitch said.

Reuters further reviews that the proposal would see “a 37% nominal haircut on Ukraine’s outstanding international bonds, saving Kyiv $11.4 billion in payments over the next three years – the duration of the country’s program with the International Monetary Fund, according to government statements.” It was in February 2022 that Ukraine reached a hasty agreement with its creditors to freeze payments of some 23$ billion till August 2024 amid the backdrop of the Russian invasion. Since then Kiev has been almost completely reliant on foreign aid. This was all long ago predicted, including by EU parliamentarians, given that the longer the war drags on the closer the war-ravaged country is to defaulting… Following what now inaugurates a period of a short-term debt default, private bondholders are likely agree to push Ukraine’s debt payments until 2027, thus seeking to minimize the impact on Ukraine’s ability for long-term borrowing.

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How many more did they plant?

• Haniyeh Killed By Bomb Placed In Tehran Guesthouse 2 Months Ago (ZH)

New details have emerged in the Israeli covert assassination of Hamas leader Ismail Haniyeh while he was staying in Tehran to attend the country’s presidential inauguration events. Iran and Hamas’ backers considered Haniyeh to be essentially akin to a top foreign diplomat or even head of state, and so at times Haniyeh was known to travel openly in places like Qatar, Iran, or other Gulf states. And yet the bombing that took is life is being widely viewed in Iran as an utterly humiliating security failure for the elite Islamic Revolutionary Guard Corps (IRGC), which was hosting the Hamas leader. The NY Times is reporting Thursday of events the day prior that he was assassinated by “an explosive device covertly smuggled into the Tehran guesthouse where he was staying, according to seven Middle Eastern officials, including two Iranians, and an American official.”

“The bomb had been hidden approximately two months ago in the guesthouse, according to five of the Middle Eastern officials,” the report continues. “The guesthouse is run and protected by the Islamic Revolutionary Guards Corps and is part of a large compound, known as Neshat, in an upscale neighborhood of northern Tehran.” Likely among the “seven Middle Eastern officials” cited as sources for the report include some Israeli intel officials themselves, given the level of specified details. No doubt they are ‘spiking the football’ and want the Iranians and the world to know the astounding level of success they had in penetrating IRGC security and protocol.

For an Israeli asset to be able to access an Iranian diplomatic house in Neshat – the upscale neighborhood of northern Tehran where the bombing took place – and then be able to pinpoint down to the moment the target be in a specific room is almost unbelievable and the stuff of a James Bond spy thriller. “The bomb was detonated remotely, the five officials said, once it was confirmed that he was inside his room at the guesthouse,” NYT continues, nothing that the blast also took out Haniyeh’s bodyguard but left alive Palestinian Islamic Jihad (PIJ) leader Ziyad al-Nakhalah, who was literally staying in the next room over. “The explosion shook the building, shattered some windows and caused the partial collapse of an exterior wall, according to the two Iranian officials, members of the Revolutionary Guards briefed on the incident,” the report continues. A widely circulating photograph also appears to confirm this description of events.

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This gets ’em all going. Especially right down in the lion’s den.

• Harris Only Recently Turned Black – Trump (RT)

Former US President Donald Trump has ridiculed Vice President Kamala Harris for talking up her Indian heritage for years until she “all of a sudden…became a black person.” The White House lashed out at Trump in response, stating that the former president has no “right to tell someone who they are.” Trump commented on Harris’ race during a combative panel interview at a National Association of Black Journalists conference in Chicago on Wednesday. Asked whether he considered Harris a “DEI hire” – someone hired for their race or gender, Trump replied that he thinks the situation “is maybe a little bit different.” “She was always of Indian heritage, and she was only promoting Indian heritage,” he elaborated. “I didn’t know she was black until a number of years ago when she happened to turn black and now she wants to be known as black. So I don’t know, is she Indian or is she black?”

“You know what, I respect either one, but she obviously doesn’t, because she was Indian all the way and then all of a sudden she made a turn, she became a black person,” Trump continued, to laughter from the audience. Born in California to an Indian mother and Jamaican father, Harris is often described as the US’ first African American and first Asian American vice president. Around the time of her election to the US Senate in 2016, some American media outlets including the Associated Press, The Hill, and local newspaper the Sacramento Bee described her as “Indian-American,” while others, including ABC and NBC, described her as “African-American.” Both descriptors were used interchangeably by the media during Harris’ time in the Senate, and during her abortive presidential campaign in 2019.

In a 2020 post on X marking India’s independence day, Harris described Indians as “our people.” Responding to Trump on social media, Harris accused her Republican opponent of peddling “divisiveness and disrespect.” White House Press Secretary Karine Jean-Pierre called Trump’s remarks “repulsive and insulting.” Nobody “has any right to tell someone who they are, how they identify. That is no-one’s right,” Jean-Pierre told reporters on Thursday. Seemingly undeterred by this condemnation, Trump took to his Truth Social platform on Friday to share a photograph of a young Harris and her family in traditional Indian dress. “Thank you Kamala for the nice picture you sent from many years ago! Your warmth, friendship, and love of your Indian Heritage are very much appreciated,” he wrote.

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Dumb move. Pompeo and Bolton.

“Almost each of the next 100 days till November 5 elections might bring unexpected events, not all of them bright for America and mankind..”

• Trump Collapsed US-Russia Arms Control by Scrapping INF Treaty (Sp.)

Then-President Donald Trump made a “stupid mistake” by deciding to scrap the Intermediate-Range Nuclear Forces (INF) Treaty, as the consequences of that fateful decision have been the collapse of strategic arms control policies between the United States and Russia, analysts told Sputnik. The INF treaty, signed between the Soviet Union and the US in 1987, banned the countries from developing and possessing ground-launched ballistic and cruise missiles with ranges from 500-5,500 kilometers. In 2019, Trump withdrew the US from the treaty, which prompted Russia to suspend its participation in the Cold War-era accord in response. August 2 marks the fifth anniversary of the US’ formal withdrawal from the INF Treaty.

“The consequences have been that strategic arms control policies between Russia and the US/NATO have largely been abandoned and both sides have developed nuclear capable intermediate range missiles that raise the likelihood that they will be resorted to in a potential escalating conflict like in Ukraine,” former CIA analyst, founder and chair of the Council for the National Interest Philip Giraldi said. There were sharp differences of opinion in the Trump administration on whether to retain the treaty, in spite of both sides’ claims that there was “cheating,” Giraldi recalled. “The neocons predictably won the argument.”Back in the 1980s, despite hawkish governments in London and Bonn, popular sentiment across Europe, especially in Germany overwhelmingly favored creating the treaty, Giraldi emphasized.

“Interestingly enough, I was in the CIA German station in Hamburg 1982-5 when the whole issue of intermediate range missiles, which theoretically allowed for no warning devastating nuclear capable attack, was being debated,” he said. “There were huge demonstrations in all German cities against the deployment and in favor of an agreement,” Giraldi reported. “The US Consulate General was located near Hamburg’s central lake, the Alster and thousands of demonstrators would gather along the lakefront and storm the front of the building by crossing the access road that surrounded the lake.” American University in Moscow President Edward Lozansky, a former Soviet nuclear physicist, noted that Trump had heeded his two most influential advisers at the time, CIA chief and then secretary of state Mike Pompeo and national security adviser John Bolton, both of whom were determined to kill the treaty.

“One has to look at Trump’s two critical foreign policy and security advisers at the time, Pompeo and Bolton. Trump foolishly appointed them to prove he is tough on Russia. He made many other stupid mistakes for the same reason,” Lozansky said. One can excuse Trump for being a “political novice who miraculously won in 2016 and found himself in an ocean of sharks,” he added. The recent events show that “the Deep State learned the 2016 lessons” and the chances of Trump repeating the miracle of that year are quickly decreasing, at least for now, according to Lozansky. “Almost each of the next 100 days till November 5 elections might bring unexpected events, not all of them bright for America and mankind,” the expert concluded.

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“Unlike in 1987, Russian technological and economic capabilities in this space now exceed those of the United States..”

• INF Treaty Stood in Way of Plans to Militarize Europe, Hold Russia Back (Sp.)

The United States scrapped the Intermediate-Range Nuclear Forces (INF) Treaty five years ago with the aim of expanding NATO further eastward, pressing Russia economically and militarily, and cementing America’s global hegemony, veteran Pentagon analyst and retired US Air Force Lt. Col. Karen Kwiatkowski told Sputnik. August 2 marks the fifth anniversary of the US’s formal withdrawal from the INF Treaty. “This [the pullout from the treaty] was due to the US desire (led by neoconservatives in the State Department and elsewhere in the Obama, Trump and Biden administrations) to expand NATO eastward, as well to engage militarily on Russia’s European border with both conventional and nuclear arms, specifically via Ukraine,” Kwiatkowski said. The military and economic rise of China, a neoconservative theme for the past 30 years, required in the eyes of hawkish US military planners a nuclear offensive line in Eastern Europe to hold Russia “captive,” Kwiatkowski explained.

“The INF Treaty always stood in the way of this,” she said. Russia had formally complained of continual US violations of the INF Treaty since 2014, but this was information most Americans and Europeans never saw, and most were not even interested in, Kwiatkowski noted. “The consequences have been straightforward and dangerous. First, both the United States and Russia are now actively engaged in an expensive competition in the INF field and other new missile technology arenas,” she said. Unlike in 1987, Russian technological and economic capabilities in this space now exceed those of the United States, Kwiatkowski assessed. “Instead of US-Russia treaties that could engage and limit war preparation, we have NATO expansion, including an attempt to NATO-ize former INF signatory Ukraine,” she said.

After two post-Cold War batch accessions to the NATO alliance in 1999 and 2004, the accessions of six new member countries since 2009 have created a larger “border” between Russia and NATO, Kwiatkowski cautioned. “Peace and diplomacy were now not only verboten, or forbidden but for five years have been institutionally impossible in Europe, thanks in part to the elimination of the INF Treaty and abnormally weak and intellectually impoverished US and NATO leadership over the same time frame,” she concluded. The INF treaty, signed between the Soviet Union and the US in 1987, banned the countries from developing and possessing ground-launched ballistic and cruise missiles with ranges from 500-5,500 kilometers. In 2019, then-President Donald Trump withdrew the US from the treaty, accusing Russia of non-compliance. In response to the US decision, Russia suspended its participation in the Cold War-era accord.

Read more …

Pompeo and Bolton have a successor.

• Lindsey Graham Introduces Bill Authorizing Military Force in Iran (Sp.)

US Senator Lindsey Graham (R-SC) introduced legislation right before the Congress recess in August that would authorize President Joe Biden to use military force against Iran if he determines that Iran has capabilities that threaten the national security interests of the United States. “The President is authorized to use all necessary and appropriate force against the Islamic Republic of Iran if the President determines that the Islamic Republic of Iran– 1) Is in the process of possessing a nuclear weapon that threatens the national security interests of the United States; or 2) Possesses uranium enriched to weapons-grade level, possesses a nuclear warhead, or possesses a delivery vehicle capable of carrying a nuclear warhead that threatens the national security interests of the United States.”

While the bill specifies that it is limited to Iran’s nuclear program, it is broad enough to potentially authorize Biden to strike Iran as soon as the bill passes. While Iran is not believed to possess a nuclear warhead, it already has an arsenal of missiles that would be capable of carrying a nuclear warhead if Iran were to obtain one. Biden seemingly would be authorized by the bill to strike Iran if he determines that to be a threat. The same day, Graham also introduced a bill that would affirm any “escalation by Hezbollah” will be seen as an escalation by Iran and urges Congress and the President “to use all diplomatic tools and power projection capabilities to hold both parties accountable for their actions,” but stop short of specifically authorizing military force.

On Thursday, Graham posted on X that “it is long past time to start talking about offense when it comes to Iranian threats against Israel, the United States, and the world.” Both bills come as tensions are rising between Lebanese Hezbollah and Israel and Iran and Israel. Earlier this week, Hamas leader Ismail Haniyeh was assassinated in Tehran and Hezbollah leader Fouad Shukur was killed in an Israeli airstrike in southern Beirut. Iran and Hezbollah have promised retaliation. The Senate will go into recess on August 3rd. Unless an emergency session is called, both chambers of Congress will return to Washington on September 9.

Read more …

Nobody in the White House to stop him. Just a lame duck and an airhead.

• Netanyahu Playing A Deadly Game Drawing US Into A War With Iran (Jay)

The word escalation is often over used when talking about the conflict Israel is at the centre of as it carries out a genocide on the Gazan people. But if there were ever a moment where Israel and Iran find themselves staring at the abyss it is now, given that the U.S. has shown its full support to Benjamin Netanyahu and that the Biden administration is being run on a caretaker basis by an inept Kamala Harris. Did Netanyahu leave the U.S. and while on the long Atlantic trip come to the conclusion that he will never have an opportunity again to take the U.S. to fever pitch, being pulled into a regional war with Iran? On the 30th and 31st of July Israel carried out two assassinations which have even shocked the usual suspects of regional experts who didn’t see them coming – in particular against the head of Hamas’s Political Bureau, Ismail Haniyeh in Tehran.

While barely Iran’s leaders had a few hours to mourn the death of Hezbollah top official Fouad Shukr in Beirut who is believed to be buried under a mass of rubble, the strike inside Iran is both curious and alarming. The timing is worth noting as the Iran strike in Tehran by Israel coincides with U.S. strikes in Iraq. On the night of July 30, just after Israel’s strike against Shukr, U.S. aircraft bombed a Kataib Hezbollah base in Babil Governorate in Iraq, killing several members of the pro-Iran militia. Just a few days earlier Hezbollah’s bombardment of the occupied Golan Heights which killed a dozen children certainly raised the stakes in the war, which until now was reasonably contained between Hezbollah and Israel. But now this response from Israel takes everything to a new level. Netanyahu is certainly trying to drag the U.S. into a war in the region, which is more or less what he has been dreaming about all his life.

The strike against the Hamas leader in Iran is a provocation which was designed to draw the most wrath from Tehran. Its leaders will be seen as weak if they don’t react soon as politically the elite will draw fire from the masses that the fortunes it spends on a ballistic missile defence system is clearly wasted. And yet the Iranians know this trap so well. While it is true that they will look weak, especially after the last so-called retaliation against Israel was really a political ploy by the West to humour them and their madding crowds, now the game of escalation Tehran is playing with Israel is much more serious. We’re no longer firing blanks. The pressure on Iran to retaliate will be gargantuan and yet it is unlikely that the Supreme Leader will launch such a strike, knowing full well how the trap has been laid for them.

More likely they will carry out a number of mini strikes, which, on aggregate, will add up to the gesture that they need. And so, if Netanyahu’s aim – to provoke Iran into sending a sizeable missile to an Israeli city – is not to be met, then what can we expect next? Almost inevitably, Netanyahu will be planning his next false flag attack, which should worry both the U.S. and the EU – raising the stakes and pressure for those two blocs together to force him to make a ceasefire in Gaza. For some sceptical pundits, the attacks of October 7th were in many ways a ‘false flag’ as there is a growing cabal of Middle East experts who risk losing their credibility by arguing that he already knew of the Hamas attack. Some even believe that he had been pushing Hamas over many years to do what it needed to do – to justify the response which we are seeing now which is most certainly an ethnic cleansing of Gaza. Period.

Once he realises in the coming days and weeks that Harris is not up for a war with Iran, he will begin to look at the false flag options to push her into a corner which she can’t get out of. A direct attack on U.S. forces in the region is the only sure way of making Netanyahu’s sullied plan take effect. The Israeli leader has the sophisticated weaponry and he knows how to use it to look like Hezbollah in Lebanon were responsible for such a strike either against an aircraft carrier or U.S. troops in the region (they are sitting ducks all over the Middle East) that it beggars belief that he has taken so long to play this card. What did Nietzsche say about the abyss staring you back?

Read more …

“Europeans are trying to exert political and diplomatic pressure on Iran for its response to Israel to be ‘symbolic..’

• Houthis Urge ‘Dangerous’ Response to Israel (Sp.)

Forces opposing Israel must deliver a “dangerous” military response to the killings of their leaders in Lebanon and Iran, Abdul Malik al-Houthi, the leader of Yemen’s Ansar Allah movement, also known as the Houthis, said on Thursday. “Europeans are trying to exert political and diplomatic pressure on Iran for its response to Israel to be ‘symbolic,’ as they say, and to the extent that the Israelis want,” he told the Almasirah broadcaster. “However, the position of the Jerusalem axis aimed at resistance is clear: there must be a dangerous military response to the serious crimes and serious escalation by Israel. Weakness will only encourage it to commit new crimes.” On Wednesday, Hamas confirmed that its political leader, Ismail Haniyeh, had been killed in an Israeli attack on his residence in Tehran after he took part in the inauguration of newly elected Iranian president Masoud Pezeshkian.

Hamas has blamed Israel and the United States for Haniyeh’s death and vowed to retaliate. Pentagon chief Lloyd Austin said he had nothing to say about Haniyeh’s death or Israel’s alleged role in it. The Jerusalem Post reported that the Israeli government had instructed ministers not to comment on Haniyeh’s assassination. On Tuesday night, the Israel Defense Forces (IDF) carried out a strike in a southern suburb of Beirut, killing Hezbollah commander Fuad Shukr.

Read more …

“Self-control of prisoners, self-control of political authorities, self-control of security services..”

• Prisoner Swap Was Battle of Self-Control, Moscow Says (Sp.)

Russian Foreign Ministry spokeswoman Maria Zakharova, commenting on the prisoner exchange between Russia and Western countries that took place on Thursday, called it a battle of self-control. “What many called an ‘exchange’, I would call a battle of self-control. Self-control of prisoners, self-control of political authorities, self-control of security services,” Zakharova wrote on Telegram. The Russian Federal Security Service (FSB) said Thursday eight Russians detained and held in custody in a number of NATO countries had returned to Russia.

The Kremlin said Russian President Vladimir Putin has signed decrees to pardon thirteen Russian and foreign citizens exchanged from Russia, including Wall Street Journal reporter Evan Gershkovich and US Marine veteran Paul Whelan. The largest operation in recent years to exchange 26 prisoners from seven countries took place in Turkey’s Ankara on Thursday with the mediation of the Turkish National Intelligence Organization, the Turkish intelligence agency said in a statement on August 1.

Read more …

 

 

 

 

America First Legal: “Our litigation just exposed that Biden’s FDA recommended approving puberty blockers to minors despite noting that these drugs are associated with an “increased risk of depression and suicidality.”

 

 

What?

 

 

Bit scary?

 

 

Landlord

 

 

Dessert

 

 

Not a dog
https://twitter.com/i/status/1818971194046939639

 

 

Reflexes

 

 

Seal
https://twitter.com/i/status/1819004672763461856

 

 

Boy dog
https://twitter.com/i/status/1819081600271110490

 

 

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

 

 

 

 

 

Debt Rattle November 27 2023

Nov 272023
 
 November 27, 2023  Posted by at 9:00 am Finance Tagged with: , , , , , ,  42 Responses »


René Magritte Promenades d’Euclid 1955

 

• Israeli-Palestinian Swap Success and the Road Ahead (Sahiounie)
• Unintended Consequences of Israel’s Assault on Palestine (Paul Craig Roberts)
• What Are the Saudis Really Preparing for? (Luongo)
• Hamas Attack Originally Planned For April (RT)
• Russians Released By Hamas Outside Prisoner Swap Deal – Zakharova (TASS)
• The United Eunuchs of Europe (Ruggeri)
• Zelensky & West Equally Responsible for Killing Peace Deal (Sp.)
• Ukraine Needs Three Victories – Zelensky (RT)
• ‘Russia Will Not Lose’ – Orban (RT)
• Ukrainian Military Leadership Has No Plan For 2024 – Senior MP (RT)
• Germany In ‘Serious Crisis’ – Bavarian Leader (RT)
• German Troops Would ‘Only Last Two Days in Battle’ Due to Ukraine Supplies (Sp.)
• World Facing ‘Debt Tsunami’ – Bloomberg (RT)
• UK’s Rwanda Deportation Ruling Offers Assange Hope (Craig Murray)

 

 

 

 

Very strong
https://twitter.com/i/status/1728809581906661881

 

 

 

 

Both Tapper and Blitzer (not reindeer) have changed their tone a lot.

 

 

 

 

Torah

 

 

 

 

Putin WWII

 

 

 

 

“The main alleged crime for these detentions is stone-throwing, which can carry a 20-year sentence in prison for Palestinian children..”

• Israeli-Palestinian Swap Success and the Road Ahead (Sahiounie)

The first swap of Israeli hostages for Palestinian prisoners has been completed yesterday. The day prior to the swap was the American Holiday Thanksgiving. There are certainly Israeli and Palestinian families who are giving thanks to God for their loved ones’ freedom. The western media focused on the older Israeli women and small children being released. According to Israeli doctors, they were in acceptable condition after their ordeal in captivity. However, there was almost no western coverage of the Palestinian women and children released from an Israeli prison. Western audiences would have to first understand that Israel arrests young children for throwing a rock at an Israeli soldier. This information might make a western viewer appalled and disgusted with Israel.

Since the western media wants to portray the Israelis as a democracy, with shared values with the West, brutal undemocratic Israeli policies are just glossed-over. “The main alleged crime for these detentions is stone-throwing, which can carry a 20-year sentence in prison for Palestinian children,” said a report published in July by children’s rights organization, Save the Children. U.S. President Joe Biden made a short statement at the time of the release, in which he said it was his unproven theory that Hamas timed their attack on Israel because they wanted to stop the normalization of relations between Israel and Saudi Arabia, which Biden had been pushing for. Biden was putting Saudi Arabia in a very dangerous position, as perhaps being the cause of the October 7 attack, and ensuing bloodshed and destruction.

President Donald Trump had begun the Abraham Accords process which saw UAE, Bahrain, Morocco and Sudan sign a normalization agreement with Israel. Saudi Arabia was the prize that Israeli Prime Minister Benjamin Netanyahu was chasing, but the current war has put that on hold. These Arab countries have not suddenly found a friend in Israel, but they can benefit from a relationship with Israel, which has nothing to do with technology, trade or tourism. By being in an improved relationship with Israel, the Arab countries would have access to improved relations with the U.S. Congress, through AIPAC. The American-Israeli lobby group AIPAC is the reason Arab leaders would be willing to ignore Palestinian human rights.

Hamas caught the attention of the world on October 7 with a shocking attack on Israeli civilians and soldiers which killed 1,400 and about 240 were taken hostage into Gaza. The Israeli media painted the Hamas attack as an attempt to exterminate the Jewish people. While Hamas does not recognize the right for Israel to exist, the group issued a statement early on explaining they were not seeking to annihilate Israel, but fighting a war of resistance against Israeli occupation. The Geneva Convention guarantees the right for armed struggle against occupation, but prohibits targeting civilians.

Read more …

“Genocide is not something that can be reconciled with the teachings of Jesus. The evangelicals will have to decide between worshipping Israel and worshipping Jesus.”

• Unintended Consequences of Israel’s Assault on Palestine (Paul Craig Roberts)

According to the Zionist propaganda Hamas is a collection of evil beasts. How do we reconcile this propaganda with the excellent condition of the Israeli women and children hostages released by Hamas? Despite the Israeli devastation of Gaza and murder of Palestinian women and children, Hamas has obtained a victory of sorts. Netanyahu’s vicious attack on civilians has exposed the underbelly of the Apartheid Zionist State. It is no longer possible for Israel’s apologists to maintain that “Israel can do no wrong.” For decades Israel has been slowly but surely squeezing Palestinians out of Palestine. The world has tolerated it, in part because the Zionist violence was limited in time and extent and the impossible situation papered over with talk about the “two-state solution.”

But this time, the violence is unlimited and has the declared aim of emptying Palestine of Palestinians with Gazans driven into tent cities in Eqypt’s Sinai Desert. It is not another case of emptying one specific village in the West Bank or a limited incursion into Gaza. This time the world is faced with a declared Zionist agenda of genocide. This makes a problem for the Western governments that pretend to support human rights and to deplore war crimes. It also makes a problem for American evangelicals known as “Christian Zionists.” Genocide is not something that can be reconciled with the teachings of Jesus. The evangelicals will have to decide between worshipping Israel and worshipping Jesus.

A consequence of Washington’s wars for Israel in the Middle East is that Western countries are now the homes of millions of Muslim refugees who take umbrage to the West’s support of Palestinian genocide. This introduces into the Western countries countervailing power at the street level to the Zionist lobby that focuses on controlling the governments. Western governments now have a new element of instability to manage, and the consequence could be a less one-sided stance toward Zionist Israel. Not all of Israel is Zionist. Netanyahu has minority support. The outcome could be different for Israel than Netanyahu and his US neoconservative allies intended.

Read more …

“Saudi Arabia and China are opening a $7 billion local currency swap line.”

“China is using their US Treasuries and US dollar surpluses to loan them to Emerging Market trade partners of significance to CHINA!”

• What Are the Saudis Really Preparing for? (Luongo)

It was announced the other day that Saudi Arabia and China are opening a $7 billion local currency swap line. [..] They [the Neocons] most certainly are flying by the seat of their pants, Mark [his conclusion]. What is happening now is pure desperation as they try to figure out how to extend and pretend this war through the election cycle to maintain the possibility of the ages-old enmity versus Russia. But the KSA flip is real. Swap lines are a precursor to intervention. My tweet was high concept but it goes like this: 1) Announce swap lines 2) Start taking real amounts of yuan for oil 3) This breaks the peg of the Riyal to the USD when oil is relatively strong, not in crisis mode 4) The substitution of the CNY for the USD is existential for the US who then attacks the KSA exchange rate, pulling money out of the country… 5) SANCTIONS ON KSA. 6) Expanded swaps to convert USD encumbered assets with Riyal assets, once USD are verboten in KSA. 7) China provides them, with loans repayable in CNY.

[..] The announcement of the swap lines is likely a pre-announcement of an Economic Hitman-style attack on Saudi Arabia by the US. It’s not really that difficult to foresee. For historical context, Russia was hit hard in 2014/15 by the collapse in oil prices. In retaliation for “stealing Crimea” an attack on oil prices was organized by President Obama and the gaggle of usual suspects to trash the oil price. In June of 2014 oil closed at $112.36. And the price began dropping the first trading day of July 2014 and didn’t stop until the end of 2015. Saudi Arabia helped that process by expanding production, thinking they would take Russia’s market share as the Russian ruble collapsed and Russia’s foreign exchange reserves were drained. The key to the anticipated win was that Russian companies, mostly the big State Owned Enterprises like Gazprom and Rosneft, had a lot of dollar-denominated debt which was about to mature and needed rolling over.

So, the US sanctioned Russia such that companies like Gazprom couldn’t roll the debt over, because they couldn’t sell the bonds to US or European investors anymore. The current bondholders had to be paid off… to the tune of north of $50 billion in Q4 of 2014, and another $50 billions in Q1 2015. This “rollover risk” would plague the Russian government’s finances for the next 18 months as the price of oil dropped relentlessly. The Russian ruble dropped from the high 20’s/low 30’s versus the dollar rose to a high above 80 in late November, but it only happened after Putin personally ordered Bank of Russia President Elvira Nabiullina to let the ruble float. Before that there had been a soft peg to the US dollar in place, which was easy to maintain while oil was trading above $100 per barrel.

China stepped in at the height of the ruble’s collapse to give Russia a swap line between yuan and rubles. China paid off Gazprom’s debt. Russia paid them back in yuan, which they were going to get freely because of these swap lines then and Power of Siberia in the future. The US didn’t dare sanction China for this because of both the blowback onto our economy and would have been tantamount to declaring war. It’s also why China didn’t get even threatened with sanctions after Russia “invaded” Ukraine last year. That sweetheart deal for the gas now flowing to them through the Power of Siberia pipeline now makes a lot more sense. Personally I had misremembered it being signed in 2015, as a response to the crisis, but it was before the crisis even broke out.

That implies a few things: 1) the combination of events of early 2014 prompted the formulation of a coordinated attack on oil prices aimed at Russia for later that year and 2) that Putin anticipated it and opened up negotiations with Xi Jinping to get Power of Siberia built quickly. Nearly everything that’s happened since then is downstream of the events tracing back to early 2014 Russia survived that period of ‘rollover risk’ and in doing so created the blueprint for other countries to do the same. [..] Eric Yeung: China is using their US Treasuries and US dollar surpluses to loan them to Emerging Market trade partners of significance to CHINA! They are asking for yuan in repayment.

This stabilizes the yuan/usd exchange rates while China can and is rapidly expanding the money supply to deal with their sagging property markets as a result of the Fed’s aggressively tight monetary policy. In order for China to expand the yuan into the new dollar vacuum without also losing their gold (Luke Gromen’s point during the conversation), they have to create a demand cycle for their debt, keeping borrowing costs low. Since they have cross-currency swap lines with their SE Asian partners and offshore yuan settlement around the region, i.e. in places like Singapore, this is how they manage the expansion without creating a runaway inflation problem. Yuan replace dollars without a massive shift in exchange rates and/or bond yields.

Read more …

“The data reportedly prompted the IDF to increase its alert level, which led to the Palestinian group abandoning the initial plan. The IDF eventually considered the intelligence warnings to have been a false alarm..”

• Hamas Attack Originally Planned For April (RT)

The Gaza-based Palestinian militant group Hamas originally sought to carry out its October 7 attack during the Jewish holiday of Passover, which fell on April 5 this year, Israel’s Channel 12 TV reported on Saturday, citing sources in the country’s military intelligence. The Israel Defense Forces (IDF) had caught wind of the planned assault, detecting the early signs of Hamas preparations, soldiers with the 8200 signal intelligence unit told the broadcaster. The data reportedly prompted the IDF to increase its alert level, which led to the Palestinian group abandoning the initial plan. The IDF eventually considered the intelligence warnings to have been a false alarm, the report added.

Hamas, the sources claim, focused on internal security and kept most of its members in the dark about subsequent plans, including the rescheduled incursion, which took place on October 7. According to Israeli media reports, surveillance units on the border with Gaza alerted the IDF to “unusual” Hamas training exercises some three months before the October attack, but their concerns were reportedly dismissed as “fantasies.” On Friday the Financial Times also reported, citing sources, that Israeli border sentries had compiled a detailed file on the then-looming Hamas attack and presented it to the highest-ranking intelligence officer in the southern command, weeks before it took place.

The document reportedly contained “specific warnings,” namely plans to breach the border at multiple points and seize local settlements, according to the outlet. The IDF neither confirmed nor denied the existence of the ignored intelligence, when approached by the Financial Times. Earlier, the Israeli newspaper Haaretz had cited an unnamed female soldier who blamed institutional sexism in the ranks for the lack of attention to reports from its border sentries. The October 7 Hamas attack claimed the lives of about 1,200 Israelis, mostly civilians. West Jerusalem responded with heavy bombardments of Gaza, followed by a ground operation. The death toll on the Palestinian side has since surpassed 14,800, according to officials in the enclave.

Read more …

“..the release has become possible thanks to “direct agreements between Russian representatives and Hamas.”

• Russians Released By Hamas Outside Prisoner Swap Deal – Zakharova (TASS)

A hostage with the Russian passport has been released as a result of direct agreements with Hamas, not under the prisoner swap deal, Russian Foreign Ministry Spokeswoman Maria Zakharova said. “The efforts Russian diplomats are making in contacts with Hamas concerning the release of hostages are yielding results. Today, a holder of the Russian passport was released and handed over to the Red Cross. Russian diplomats will visit him as soon as it is possible,” she wrote on her Telegram channel. According to the spokeswoman, the release has become possible thanks to “direct agreements between Russian representatives and Hamas.” “These efforts will continue,” she added.

Taher al-Nunu, a spokesman for senior Hamas official Ismail Haniyeh, told TASS earlier in the day that Hamas had released a Russian national and transferred him to the International Committee of the Red Cross (ICRC). Russian presidential envoy for the Middle East and African countries and Deputy Foreign Minister Mikhail Bogdanov told TASS in late October that Hamas had promised to answer Russia’s request to release eight Russian nationals who were held hostage. Hamas announced on November 22 that an agreement on a four-day humanitarian ceasefire in the Gaza Strip had been reached through the mediation of Qatar and Egypt. The agreement stipulates the release of 50 women and children under the age of 19 who are held in Gaza in exchange for the release of 150 women and children under the age of 19 from Israeli prisons.

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“Gone is all pretence that the EU and NATO pursue different strategies.”

“If painting Russia as a threat has long been used by the U.S. to keep NATO alive, in more recent years it has been exploited to unify the foreign and defense policy of EU member states..”

• The United Eunuchs of Europe (Ruggeri)

Whether further expansion is good or bad for the EU has become the modern equivalent of the old Byzantine discussion over the sex of angels, and while no agreement can be reached, the process has largely stalled after the biggest wave of new members joined in 2004 and Croatia in 2013. So why has it topped the agenda of so many Eurocrats in the last two years? Mainly because supporters of expansion hoped that they could leverage on the unity that the EU mustered vis-à-vis the conflict in Ukraine to push through a a proxy imperialist project fuelled by Washington’s magical thinking. The cornerstone of this project was the full capture of Ukraine whose NATO-trained army should have dealt a decisive blow to Russia. As we know, things aren’t exactly going to plan and that unity of purpose now seems as precarious as Ukraine’s future.

Ukraine had been promised EU candidate status for years and finally received it in return for a blood sacrifice. Obviously, it doesn’t qualify for membership, and the prospect of sitting in a crowded waiting room with other candidates for the foreseeable future isn’t exactly worth dying for. Brussels has to first find and then dangle a more appealing carrot at a time when opinion polls show that support for Ukraine is waning. After coming to the defence of the U.S. ‘rules-based-order’ the EU has a bag full of IOUs, a weakened economy, and Borrell’s garden of earthly delights increasingly resembles the dark panel of Hieronymus Bosch’s famous triptych. One may think that discussing EU enlargement while the bloc faces major crises that are stress-testing it to break-point is the epitome of insanity.

Actually, some commentators have already drawn parallels between the EU’s leadership and Nero fiddling as Rome burned. But allegedly Nero did something else besides fiddling, he blamed Christians for the fire. Offering an enemy within or an enemy without, is a tried and tested tactic to crush dissent and consolidate power. And that is exactly what Germany’s foreign minister Annalena Baerbock tried at a recent conference in Berlin dedicated to EU enlargement. She told 17 foreign ministers from EU and candidate countries, including Ukraine’s Dmytro Kuleba, that the EU must expand to avoid making everyone vulnerable. “Putin’s Moscow will continue to try to divide not only Ukraine from us, but also Moldova, Georgia and the Western Balkans. If these countries can be permanently destabilised by Russia, then that also makes us vulnerable. We can no longer afford grey areas in Europe”. Whatever happened to promises of economic growth, investments and access to a wealthy market? As they all sound pretty hollow in 2023, Baerbock invokes the bogeyman. Gone is all pretence that the EU and NATO pursue different strategies.

With the door to NATO closed to Ukraine and Washington shifting its focus to the Middle East and the Asia-Pacific, the burden of supporting Ukraine “to defend Europe” has been dumped on the EU. If painting Russia as a threat has long been used by the U.S. to keep NATO alive, in more recent years it has been exploited to unify the foreign and defense policy of EU member states. Washington promoted and facilitated a vertical consolidation of power in the EU in order to outsource to Brussels some of the policing and punitive functions that enable its global capital accumulation and underpin its hegemony. According to its calculus, dealing with one collective vassal, the EU, would be easier than managing several squabbling and competing European vassals. This strategy reflects Washington’s poor grasp of Europe’s history and complexity and that’s why it is unlikely to produce the desired results, especially since European interests were sacrificed at the altar of American ones.

Read more …

“The people in power in Ukraine got there accidentally – they are shallow, insufficiently experienced, perceiving some momentary tactical successes as successes of a strategic nature..”

“Zelensky is now being abandoned by his staff, his generals, the Ukrainian people, and the international community as a puppet that has lost all use. If questioned, Boris Johnson will most likely pretend to not even remember Zelensky’s name.”

• Zelensky & West Equally Responsible for Killing Peace Deal (Sp.)

“Russia‘s original terms were very fair: number one— no NATO weapons would be located in Ukraine, which would put Russians in danger; and, second, no Nazi genocidal maniacs would be in political positions to continue slaughtering innocent Russians, or outlawing the Russian language and culture in Ukraine. Any reasonable person and nation would’ve accepted these terms,” argued Bennett. Meanwhile, some Russian observers are wondering what BoJo promised the Kiev regime to cause them to rush to nix the deal and throw all their resources into the conflict. Apparently, the British prime minister vowed all-out military support and money from the West. Meanwhile, judging from other Western leaders’ rhetoric, Johnson was not alone in derailing the deal. “This war will be won on the battlefield,” European Union top diplomat Josep Borrell tweeted in April 2022, pledging hundreds of millions of euros for Kiev.

The same month, US Secretary of Defense Lloyd Austin claimed that Washington wanted to see “Russia weakened to the degree that it can’t do the kinds of things that it has done” in launching the special military operation. He argued that Russia should “not have the capability to very quickly reproduce” manpower and equipment. The US has disbursed over $100 billion in support for Ukraine’s military effort since then. However, a chorus of Western military experts warned Washington from the very beginning that Russia has considerably more resources in every respect, making it virtually impossible for Ukraine to win. Ukrainian officials could have been aware of this balance of forces since the inception of the conflict, yet still they bought into the Western plot.

Sergey Tsekov, a member of the Russian Federation Council Committee on International Affairs, believes that Kiev decided to reject peace with Moscow in 2022 due to a lack of experience. “The people in power in Ukraine got there accidentally – they are shallow, insufficiently experienced, perceiving some momentary tactical successes as successes of a strategic nature,” Tsekov told the Russian press. Per him, many in Ukraine now regret that they failed to resolve the conflict diplomatically at the very beginning. [..] in 2002, then-Ukrainian President Leonid Kuchma announced the nation’s goal of “eventual NATO membership” which was reflected in the June 19, 2003, version of law on the foundations of Ukraine’s national policy. In 2010, the government of President Viktor Yanukovich scrapped the plan, embracing the idea of military neutrality.

Following the Western-backed 2014 coup d’etat in Kiev, the nation’s Verkhovna Rada, controlled by Ukrainian ultra-nationalists, passed a law reinstating membership in NATO as Ukraine’s strategic objective. In 2019, a corresponding amendment to Ukraine’s Constitution entered into force. Arakhamia failed to explain to the Ukrainian press why the Ukrainian delegation – despite all the obstacles – signed preliminary peace agreements with Russia in Istanbul last year. In June 2023, Vladimir Putin showed the draft of the Istanbul agreement on the Ukraine settlement to an African delegation. “Here it is! It exists!” Putin said, showing the document signed by Ukraine. “And it is called accordingly – the treaty on permanent neutrality and security guarantees for Ukraine. Exactly about guarantees. Eighteen articles,” the Russian president underscored.

No matter how much the West is guilty for derailing the Russo-Ukrainian peace deal, the Zelensky regime is no less responsible for opening the door to bloodshed in Ukraine, per Bennett. “Ukraine is destroyed,” the expert said. “Its military is completely dissolved, and every Ukrainian citizen is going to turn against the Ukrainian political leadership for this unnecessary and destructive war, which should never have happened. Zelensky may very well be assassinated or overthrown by a coup within his own country and prosecuted, and executed as an international war criminal.” “Zelensky is now being abandoned by his staff, his generals, the Ukrainian people, and the international community as a puppet that has lost all use. If questioned, Boris Johnson will most likely pretend to not even remember Zelensky’s name.

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“Zelensky accused Russia of “exploiting various challenges in the world” to “divert attention from any assistance” to his country, adding that “responsible states” are doing everything they can to return that focus.”

• Ukraine Needs Three Victories – Zelensky (RT)

Ukraine needs to achieve three key breakthroughs in negotiations with Western allies to maintain crucial support, Ukrainian President Vladimir Zelensky admitted during a press conference on Friday. Among the challenges he listed were the approval of large aid packages from the US and the EU. Zelensky accused Russia of “exploiting various challenges in the world” to “divert attention from any assistance” to his country, adding that “responsible states” are doing everything they can to return that focus. “We need three victories. The first is with Congress. It’s a challenge. It’s not easy,” Zelensky said. The second ‘victory’ to be achieved is to secure €50 billion ($55 billion) in aid from the EU, which has not yet been approved.

“Not everyone in the EU is ready to support this package today. Our task is to make sure everyone supports this package,” the president stated. The third success Ukraine seeks is a decision by Brussels to start negotiations on Ukraine’s EU membership, Zelensky said, calling it “a significant motivational step.” Earlier this month, US President Joe Biden’s administration failed to push a $105 billion spending package through Congress, with much of that money intended for Kiev. Instead, the president had to sign a stopgap funding plan excluding Ukraine assistance to avert a government shutdown. At about the same time, the EU’s €50 billion package of loans and grants was blocked, due to objections from member states including Hungary.

As for negotiations on Ukraine’s accession to the EU, according to Reuters, Brussels could postpone formal membership talks, which were scheduled for December, until March 2024, as some leaders have proposed returning to the issue only after the European Commission has had a chance to assess whether Kiev has met all the conditions. Kiev’s troops continue to suffer significant losses on the front line. According to Russian Defense Minister Sergey Shoigu, the Ukrainian army has lost more than 13,700 soldiers and 1,800 tanks and other heavy weaponry since the beginning of November. As of late October, Moscow estimated that Kiev had suffered over 90,000 casualties since the beginning of the June counteroffensive.

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“Therefore, we must face reality. We must switch to Plan B,” Orban reiterated, adding that the European Union currently has no such plan..”

• ‘Russia Will Not Lose’ – Orban (RT)

Hungarian Prime Minister Viktor Orban said that the US and EU strategy of funding Ukraine’s battle with Russia, in the hope that an unlikely battlefield loss will bring about a regime change in Moscow, is futile. Instead of trying to localize the conflict, the West decided to escalate, making it global, Orban said last week at an event celebrating the 90th anniversary of the Swiss conservative weekly Weltwoche in Zurich. “What was the strategy of the West in that war? I’m simplifying it a little bit, but this is the fact. Our strategy was that the Ukrainians will fight and will win on the front line. The Russians will lose… and that loss will create a change in Moscow,” he explained, according to a video of the speech published by Zoltan Kovacs, a spokesman for the Hungarian government on Sunday.

“That was the strategy: We finance, the Ukrainians fight and die,” he added. However, he said, “where we are now, it is obvious that the Ukrainians will not win on the front line.” “There is no solution on the battleground. The Russians will not lose. There will be no political change in Moscow. This is the reality,” the Hungarian leader stated. “Russia will not lose, and nothing will change in its policy. Therefore, we must face reality. We must switch to Plan B,” Orban reiterated, adding that the European Union currently has no such plan. Last week, Orban reportedly demanded that the EU re-examine its strategy, warning he would oppose any further aid unless the bloc’s leaders make sure their objectives are “realistically attainable” without continued US support. “The European Council must have a frank and open discussion on the feasibility of the EU’s strategic objectives in Ukraine,” Orban wrote in a letter to European Council President Charles Michel, according to Politico.

From the very onset of the Russia-Ukraine conflict, the Hungarian PM has been calling for a negotiated solution, rather than prolonging the crisis and risking further escalation. While he condemned Moscow’s actions, he still repeatedly clashed with Brussels, saying that sanctions against Russia are destroying European economies. Kiev has suffered “colossal” casualties at the front, with at least 13,700 troops and approximately 1,800 tanks and other heavy weaponry lost this month alone, according to Russian Defense Minister Sergey Shoigu. In total, according to Russian estimates, Kiev has lost more than 100,000 troops since its failed counteroffensive began in early June. Even Ukraine’s top general, Valery Zaluzhny, previously admitted that the conflict with Russia had reached a “stalemate” and that his armed forces would likely not achieve a breakthrough in the confrontation anytime soon.

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““If the military leadership cannot provide any plan for 2024 and all their proposals for mobilization boil down to the fact that more people are needed without any … changes to the Armed Forces system, then this [military] leadership has to go..”

• Ukrainian Military Leadership Has No Plan For 2024 – Senior MP (RT)

The Ukrainian military leadership has absolutely no strategic plan for the ongoing conflict with Russia in 2024, Mariana Bezuglaya, the deputy head of the Ukrainian parliament’s security, defense and intelligence committee, said on Sunday. The top brass only want to mobilize tens of thousands of people every month without a clear understanding of what should be done in Kiev’s ongoing conflict with Moscow, she added. “The commander-in-chief of the Ukrainian Armed Forces has been unable to provide a [strategic] plan for 2024,” Bezuglaya wrote in a post on her Facebook page, referring to Ukraine’s top military commander, General Valery Zaluzhny. The general has absolutely no concept of further conflict, she claimed, adding that he has no plan for any type of warfare, “either large or small… asymmetrical or symmetrical.”

Such a stance by the military leadership has been a major setback for the lawmakers planning the nation’s budget for the next year, the senior MP said. The problems had been growing both in parliament and at the military leadership’s HQ, at least since the summer, Bezuglaya revealed. At that time, the Ukrainian military was in the midst of its much-touted large-scale military offensive launched in early June. The operation was largely unsuccessful as it did not allow Kiev’s troops to gain any major territories but led to heavy losses on the Ukrainian side in both personnel and equipment, including dozens of Western-supplied hardware like tanks and infantry fighting vehicles. According to Bezuglaya, Zaluzhny and other top commanders have so far failed to present any detailed plans for future training, troop rotation, or for the funding needed for some new brigades they supposedly planned to form.

Instead, the Ukrainian military “simply said they would need to draft no less than 20,000 citizens every month,” the senior MP added. “If the military leadership cannot provide any plan for 2024 and all their proposals for mobilization boil down to the fact that more people are needed without any … changes to the Armed Forces system, then this [military] leadership has to go,” Bezuglaya, who is a member of President Vladimir Zelensky’s ‘Servant of the People’ party, said. The presidential party’s faction in parliament refused to provide any comments on Bezuglaya’s words when approached by the Ukrainian ‘Pravda’ newspaper. In early November, Zaluzhny admitted in an interview with The Economist that the situation on the frontlines was essentially a World War I-style stalemate.

He also said that Russia had an upper hand in that sort of warfare due to its superior personnel reserves and vast material resources. This assessment was later rejected by Zelensky. The president also warned the nation’s military leadership to stay out of politics or risk harming “the unity of the nation.” Earlier this week, Russia’s foreign intelligence service (SVR) reported that Ukraine’s Western backers have encouraged Kiev to expand draft efforts and enlist the elderly, teenagers, and women into the army. The new draft is supposedly needed to replace the heavy losses Kiev’s troops suffered in the largely unsuccessful summer counteroffensive.

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“Scholz and his cabinet have absolutely no policy plan and are “completely… mindless..”

• Germany In ‘Serious Crisis’ – Bavarian Leader (RT)

German Chancellor Olaf Scholz and his cabinet have led Germany into a “serious national crisis,” Markus Soeder, the prime minister of the nation’s most populous state, Bavaria, told journalists on Saturday. Berlin can now hardly find a way out of this predicament, the politician warned, adding that the government’s “budget emergency” would likely turn into another burden for ordinary Germans. His words came as the federal government announced the lifting of energy-price controls by the end of the year. Limits on electricity and gas prices were introduced in 2022 to protect households and businesses from soaring prices of gas and electricity as Germany was actively slashing energy imports from Russia, along with many other EU nations. The measure was introduced in response to the outbreak of the conflict in Ukraine.

The brakes were to remain in place until at least March 2024, but Berlin had to change its plans after the German Constitutional Court blocked its attempt to transfer €60 billion ($66 billion) from the Covid-19 pandemic fund to other projects. According to Soeder, the lack of funding and the corresponding budget crisis are “nothing but this government’s emergency.” Scholz and his cabinet have absolutely no policy plan and are “completely… mindless,” said the politician, who also leads Bavaria’s biggest party – the Christian Social Union (CSU). “This government has gone bankrupt,” he added. “Basically, we have a government that is just reeling,” he told journalists on the sidelines of his party’s meeting in Nuremberg ahead of the EU parliament elections.

Soeder also branded the declaration of the “budget emergency” by Berlin as a sign of the “complete helplessness” of the government coalition. The head of Bavaria in particular criticized the federal government’s strategy of combating energy price hikes resulting from forgoing Russian energy supplies with mere subsidies. “The idea of just subsidizing electricity prices doesn’t work. A different energy policy is needed. That is the core of the problem,” he said, demanding that Berlin reverse its nuclear power plants’ phaseout in particular. Now, removing the energy price brakes would lead to a high level of uncertainty for the economy and send electricity prices for both citizens and companies up, he warned.

Last year, Germany and the broader EU faced an energy crisis, largely caused by the loss of Russian gas imports due to Ukraine-related sanctions against Moscow. Berlin managed to substitute some of the gas it had previously bought from Russia, but high energy costs still weakened Germany’s economy and pushed up inflation. Germany fell into a technical recession in the first quarter of 2023 and demonstrated little recovery in the following two quarters.

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“He also insisted that introducing compulsory military service in Germany is necessary..”

• German Troops Would ‘Only Last Two Days in Battle’ Due to Ukraine Supplies (Sp.)

Berlin has provided Ukraine with large amounts of munitions and military hardware, including main battle tanks and air defense systems, following the escalation of the Ukrainian conflict in February 2022. The battle readiness of the German Armed Forces has been severely weakened by shortages caused by continued supplies of hardware and ammo to Kiev, German MP from the opposition Christian Democratic Union (CDU) Johann Wadephul has told DPA. “Crucial [German] troop units can only last a maximum of two days in a battle [due to these shortages]. And that is a catastrophic finding overall,” Wadephul said. “Anyone who even talks about being ready for war, but expects the Bundeswehr to be at least ready to defend itself, should have ensured that such a bad situation does not occur. Unfortunately, the opposite is the case.”

The politician argued that the process of improving the Bundeswehr’s combat capability is slow and blamed the country’s Defense Minister Boris Pistorius for this state of affairs. “Even when it comes to replacement procurement, the Bundeswehr is actually making a loss. As correct as the donations to Ukraine are in terms of material and ammunition, in the current security situation, it is unacceptable that there is no compensation,” Wadephul said. He also insisted that introducing compulsory military service in Germany is necessary, saying: “We will not be able to ensure effective national defense without the necessary personnel.” Ukraine received large quantities of weapons and munitions from Germany and other NATO states since the escalation of the Ukrainian conflict last year.

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“..the US Federal Reserve, the European Central Bank, and the Bank of England should curb their enthusiasm for shrinking their balance sheets..”

• World Facing ‘Debt Tsunami’ – Bloomberg (RT)

Sovereign bond sales could increase further next year as budget deficits balloon across the developed world, Bloomberg reported this week. According to the outlet’s analysis, this comes at a bad time as central banks have accelerated the reduction of huge bond holdings amassed through quantitative easing. “This double whammy means bond yields, particularly at the longer end of the curve, are set for a difficult 2024,” Bloomberg wrote, suggesting the US Federal Reserve, the European Central Bank, and the Bank of England should curb their enthusiasm for shrinking their balance sheets. According to the Bank of America, cited in the report, Treasury bond issuance is expected to reach a record $1.34 trillion next year. Meanwhile, the US deficit in 2026 is projected to climb towards $2 trillion.

The report indicated that multiple factors affect bond values, but “the one constant in an ever-changing world is rising debt issuance.” The US Fed has reportedly been trimming its balance sheet by $95 billion a month since June 2022, reducing it so far to $7.8 trillion, nearly double the pre-pandemic $4 trillion mark. The risk remains that the combination of monetary tightening by the Fed with expanding US Treasury supply will prove “deadly,” Bloomberg wrote. The same could be observed in the EU where Germany, France, Italy and Spain are expected to increase bond sales to more than €1.1 trillion ($1.2 trillion) next year. The European Commission is also expected to issue €150 billion of bonds.

Even a small reduction of QE reinvestment looks ill-advised, according to the report, while it’s “the first line of defense” for the euro area that allows maturing German debt to be recycled into buying Italian bonds. Meanwhile, UK government bond supply is expected to be around £260 billion next year, a jump of 20% from this year. The Bank of England has been reducing at double the pace of the Fed and ECB. “There’s a growing perception that central banks are at the zenith of the interest-rate hiking cycle, but reducing QE bond portfolios would continue to tighten monetary conditions,” Bloomberg wrote, noting that the potential global growth slump next year may come shortly before rate cuts or a pause in balance sheet reduction, or probably both.

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The UK Supreme Court in the Rwanda case has stated that it’s the court, not the government, that decides if a deportation is lawful. It must apply that to the Assange case if and when that comes before the court.

• UK’s Rwanda Deportation Ruling Offers Assange Hope (Craig Murray)

The judgment of the Supreme Court on the illegality of deportation of asylum seekers to Rwanda was given massive publicity in connection with the sacking of Home Secretary Suella Braverman, but in fact it is a decision of much wider significance. It also has great relevance to the coming High Court hearing on Julian Assange, both in terms of the arguments, some of which are common to both cases, and the stance of the judges, some of whom are also common to both cases.

[..] The Home Secretary’s appeal against the Appeal Court judgment explicitly argued that the court should defer to the executive’s judgment of the value of these assurances, which the Supreme Court summarises as the Home Secretary criticising the Appeal Court for: giving insufficient weight to H.M. Government’s assessment of the likelihood of the government of Rwanda abiding by its assurances The Supreme Court rejects the notion that diplomatic assurances provided to the executive outweigh an assessment by the court itself of the true situation. The Supreme Court states: The government’s assessment of whether there is such a risk is an important element of that evidence, but the court is bound to consider the question in the light of the evidence as a whole and to reach its own conclusion. This is a definitive position, and a very strong one, in the debate about the role of diplomatic assurances in deportation proceedings.

The reason this is so vital to the Assange case, is that the court of first instance decided against Assange’s extradition, due to the combination of his health and the appalling maximum security conditions to which he would be subjected in the United States. On Appeal by the government of the U.S., Lord Chief Justice Burnett rejected this argument, primarily on the basis of diplomatic assurances as to Assange’s treatment, received in diplomatic notes submitted at the appeal stage. Because they were not submitted to the original hearing but only at Appeal, Assange’s team had no opportunity to question these diplomatic assurances or cross-examine on their value. Lord Chief Justice Burnett rejected this as having any weight, on the grounds that it was for the executive to decide the value of diplomatic assurances.

Note that Lord Chief Justice Burnett was also the dissenting judge who found for the government at appeal in the Rwanda case, where again he argued that the diplomatic assurances from the Rwanda government should simply be accepted on the executive’s evaluation. That is the classic executive position in the whole diplomatic assurances debate – and the Supreme Court has just unanimously and fizzingly rejected Burnett’s argument. If it is for the court and not the executive to investigate and determine the value of diplomatic assurances in the Rwanda case, then it must also be for the court to examine and determine the value of diplomatic assurances in the Assange case. At no point in the Assange process has any court undertaken this duty, or the defence been offered any opportunity to challenge the veracity of the diplomatic assurances.

That must now play a crucial role in consideration of the Assange case going forward. It is Burnett who granted the US appeal against the refusal to extradite Assange. Burnett is the best friend and former college flat mate of Tory Minister Alan Duncan, who called Julian “a worm” in parliament and who was in direct charge of the operation to remove Julian from the Ecuadorean Embassy. The other judge whose arguments were resoundingly rejected by the Supreme Court is Jonathan Swift, who found for the Home Secretary at first instance in the Rwanda case. Swift is also the judge who dismissed Assange’s 150-page appeal in three double-spaced pages and attempted to limit any future hearing to half an hour. Again as previously explained here, Swift is a former barrister for the security services, which he said were his favourite clients.

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Jan 6

 

 

 

 

Dowd

 

 

 

 

 

 

 

 

Funghi
https://twitter.com/i/status/1728804077402759342

 

 


Monastiraki and the Acropolis

 

 

 

 

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