Oct 132022
 
 October 13, 2022  Posted by at 8:10 am Finance Tagged with: , , , , , , , , ,  60 Responses »


Paul Gauguin Sunken lane 1884

 

Putin ‘Totally Miscalculated’ Russia’s Ability To Occupy Ukraine – Biden (G.)
Some of Us Don’t Think the Russian Invasion Was “Aggression” (Mike Whitney)
NATO Planned A Pre-emptive Strike On Russia (Milacic)
Europe: Lack Of Russian Oil Could Spark ‘Worst Energy Crisis In Decades’ (ZH)
Energy Crisis In Europe Will Last For Years – Hungary (RT)
Orbán: With Merkel, We Wouldn’t Have A War (EURActiv)
Putin Says Russia Ready To Send Natural Gas To Europe Via Nord Stream 2 (OP)
Leak Found In Key Russian Oil Pipeline To Germany – Polish Operator (RT)
Russia Names Chief Suspect In Crimea Bridge Attack (RT)
Putin Ponders EU’s Energy Future (RT)
American Gas ‘Inferior’ To Russia’s – Putin (RT)
1962: Cool Heads Prevented A Soviet-US Naval Encounter Sparking A Nuclear War (RT)
Saudi Arabia Unveils Biden Oil Demand (RT)
NATO Eyes 10-Year Plan For Ukraine – Politico (RT)
$1m Offer To Steele Shows FBI Misled Congress On Russia Probe: Kash Patel (JTN)
Moderna COVID-19 Vaccine Effectiveness Turns Negative Within Months (ET)
Europe’s Pension Funds Are Gambling With Food Prices (EUO)
‘They Are Stealing Russia’ (Adam Curtis)

 

 

 

 

Kolakusic
https://twitter.com/i/status/1580132343758540800

 

 

 

 

Stop the Spread

Tulsi Joe Rogan

 

 

Tell me again: how did we get here?

 

 

 

 

Don’t know where Biden’s handlers get this stuff, but it’s nonsense. Or do they just want to make Putin look as stupid as Biden? Russia knew exactly what was going on nextdoor. On the same page as this article, the Guardian has a link to:

“Would Lukashenko really throw Belarus into a war Russia is losing?”

Says it all. Sad thing is, their readers believe this crap.

Putin ‘Totally Miscalculated’ Russia’s Ability To Occupy Ukraine – Biden (G.)

Joe Biden has said he believes Vladimir Putin is a “rational actor” who badly misjudged his prospects of occupying Ukraine, but does not believe he would resort to using a tactical nuclear weapon. The US president told CNN on Tuesday that he believed his Russian counterpart had underestimated the ferocity of Ukrainian defiance in the face of invasion. “I think … he thought he was going to be welcomed with open arms, that this was the home of Mother Russia in Kyiv, and that where he was going to be welcomed, and I think he just totally miscalculated,” Biden said. “I think he is a rational actor who has miscalculated significantly.” When asked by interviewer Jake Tapper how realistic he believed it would be for Putin to use a tactical nuclear weapon, Biden responded: “Well, I don’t think he will.”


Biden’s comments came as Ukraine’s president, Volodymyr Zelenskiy, accused Russia of launching a “second wave of terrorist attacks” in the wake of the blast that engulfed Crimea’s Kerch bridge. Zelenskiy said in a video address that 20 of 28 missiles launched by Russia on Tuesday were shot down, as well as “most” of the 15 combat drones deployed. In smaller gains in announced by Ukraine’s Operational Command early on Wednesday, the army destroyed Russian equipment and an ammunition depot along Ukraine’s southern line. At least 23 Russian soldiers were killed, it said. Earlier, Zelesnkiy asked G7 leaders for more air defence systems and a monitoring mission on the Belarusian border, as Russia continued to attack key infrastructure in Ukraine with fresh missile strikes.

Biden 2016

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“They’re openly arming, training, funding, and directing Ukrainian troops to prosecute a war aimed at killing Russian soldiers and removing Putin from power.”

Some of Us Don’t Think the Russian Invasion Was “Aggression” (Mike Whitney)

Imagine if the Mexican army started bombarding American ex-pats living in Mexico with heavy artillery-rounds killing thousands and leaving thousands more wounded. What do you think Joe Biden would do? Would he brush it off like a big nothingburger and move on or would he threaten the Mexican government with a military invasion that would obliterate the Mexican Army, level their biggest cities, and send the government running for cover? Which of these two options do you think Biden would choose? There’s no doubt what Biden would do nor is there any question what the 45 presidents who preceded him would do. No US leader would ever stand by and do nothing while thousands of Americans were savagely slaughtered by a foreign government. That just wouldn’t happen. They’d all respond quickly and forcefully.

But if that’s true, then why isn’t the same standard applied to Russia? Isn’t the situation in Ukraine nearly identical? It is nearly identical, only the situation in Ukraine is worse, much worse. And if we stretch our analogy a bit, you’ll see why: Let’s say, the US Intelligence agencies discovered that the Mexican government was not acting alone, but was being directed to kill and maim American ex-pats on orders from the Chinese Communist government in Beijing. Can you imagine that? And the reason the Chinese government wants to kill Americans in Mexico is because they want to lure the US into a long and costly war that will “weaken” the US and pave way for its ultimate splintering into many pieces that China can control and exploit. Does any of this sound familiar? (Check out the Rand Strategy for weakening Russia here)

So, let’s say, the Chinese are actually the driving force behind the war in Mexico. Let’s say, they toppled the Mexican government years earlier and installed their own puppet regime to do their bidding. Then they armed and trained vast numbers of troops to fight the Americans. They supplied these warriors with cutting-edge weapons and technology, logistical support, satellite and communications assistance, tanks, armored vehicles, anti-ship missiles, and state-of-the-art artillery units all of which were provided with one goal in mind; to crush America in a proxy war that was concocted, controlled and micro-managed from the Chinese Capital of Beijing. Is such a scenario possible?

It is possible, in fact, this very same scenario is playing out right now in the Ukraine, only the perpetrator of the hostilities is the United States not China, and the target of this malign strategy is Russia not the US. Surprisingly, the Biden administration isn’t even trying to hide what they’re up-to anymore. They’re openly arming, training, funding, and directing Ukrainian troops to prosecute a war aimed at killing Russian soldiers and removing Putin from power. That’s the objective and everyone knows it.

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“..the Third World War was prevented only thanks to the Russian special operation in Ukraine.”

NATO Planned A Pre-emptive Strike On Russia (Milacic)

One of the largest French maritime exercises in the Mediterranean, POLARIS 21 (Préparation Opérationnelle en Lutte Aéromaritime, Résilience, Innovation et Supériorité), took place from November 18 to December 3, 2021 in the area west of the island of Corsica, between France and Spain. The exercise also included a segment on the Atlantic coast of mainland France. POLARIS 21 was set up entirely in the context of operational preparation on several fronts and had a high combat intensity, which was fully in line with the strategic vision of the Chief of the Armed Forces and the Mercator Acceleration 21 plan of the Chief of Staff of the Admiral of the French navy Pierre Vandier. In addition to naval warfare, the exercise also included the participation of many combat aircraft and surface-to-air defense.

[..] journalists came into possession of data related to the exercise POLARIS 2021. The data speak clearly about the advance preparation of the NATO to enter into an armed conflict with the Russian Federation in the event of Russia’s intervention in Ukraine. According to the legend of the maneuvers, it was determined that in response to the alleged Russian intervention, the forces of the NATO coalition would form and send an aircraft carrier strike group led by the Charles de Gaulle aircraft carrier to the combat area in order to “stop the invasion and preserve the sovereignty of Ukraine.” The context and scenario of the “exercise“ (the consonance of the names of countries, settlements, the names of political figures, the specifics of maneuvers, etc.) became for the Russian Federation a signal of the real preparation of NATO to the start of hostilities against Russia, as it happened similarly to the operation of the United Defender alliance grouping of forces before the intervention in Libya (the exercises Baltops-2010 and Frisian Flag-2010), when, after the maneuvers at the sea ranges, a full-scale operation followed to overthrow of the legitimate government of Muammar Gaddafi.


POLARIS 2021 was also a demonstration of NATO support to Kyiv in the event of an armed conflict with Russia and was supposed to push Kyiv to start hostilities with the Russian Federation, after which the intervention of the NATO was supposed. In principle, NATO was looking for an excuse to attack Russia, with the factor of surprise, so that Russia would not be ready for an adequate response. In this situation, the preventive start of the Special Military Operation of the RF Armed Forces in Ukraine became the only possible response to the inevitable aggression of the Kyiv regime and the NATO. There is no doubt that thanks to the Russian special operation in Ukraine and the fact that Russia launched a preventive strike, it was NATO that was surprised but also scared by the Russian determination to defend its interests. It is precisely this fact that is responsible for why there was not and will not be conflict between Russia and NATO, that is, the Third World War was prevented only thanks to the Russian special operation in Ukraine.

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“A European ban on most crude imports from Russia will come into effect in December..”

Europe: Lack Of Russian Oil Could Spark ‘Worst Energy Crisis In Decades’ (ZH)

A European ban on most crude imports from Russia will come into effect in December. For EU leaders, the next task at hand has been finding new sources of crude oil ahead of what could be a very dark and cold winter. The move by EU countries to endlessly sanction Russia for President Vladimir Putin’s war with Ukraine by halting crude oil imports later this year is an attempt to “make the Kremlin pay” for the invasion, European Commission President Ursula von der Leyen recently said. Though it’s only backfired as the Kremlin’s war chest has swelled by tens of billions of dollars as energy prices hyperinflate and new buyers are found in Asia. EU leaders have stepped up efforts to transition from Russian energy to other energy-rich countries, though they might find it challenging to increase energy imports due to limited spare capacity worldwide.

Monica Malik, the chief economist at the Abu Dhabi Commercial Bank, told the audience at an energy security panel hosted by the Institute of International Finance in Washington, DC, on Monday that the Gulf states, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, won’t be able to increase production to replace Russian oil in Europe. After all, the world is moving into a much tighter oil market for the remainder of the year after OPEC+ cuts. This could unintentionally spur a supercycle in pricing as brent crude inches closer to $100 a barrel. So where will Europe source crude this winter if spare capacity worldwide is limited? Head of European Oil for Morgan Stanley Martijn Rats wrote in a recent note:

“The oil market is where it is because this question is so hard to answer. If we knew, we could all breathe a little easier.” Without spare capacity — EU leaders will find it challenging to source crude around the world because production cannot be quickly ramped up. Helima Croft, managing director at RBC Capital Markets LLC, warned, “I think we are facing the worst energy crisis in decades.”= Croft fears a populist backlash in Europe as sanctions against Russia has sparked a cost-of-living crisis. This could force some EU governments to focus on affordability. She said the probability of the US making deals with Venezuela or Iran to offset the energy crunch is unlikely. One top EU diplomat admitted: “Our prosperity has been based on cheap energy coming from Russia.”

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“..the sanctions “didn’t fulfill the hopes that were pinned on them,” while Europe is “slowly bleeding.”

Energy Crisis In Europe Will Last For Years – Hungary (RT)

The ongoing energy crisis in Europe is set to be a long one and will extend to 2023 and 2024, and possibly beyond, warned Hungarian Foreign Minister Peter Szijjarto, following a meeting of EU energy ministers on Wednesday. “We are now seeing the first global energy crisis in history, and it is long-term,” proclaimed Szijjarto, explaining that the crisis is being fueled by underlying “structural geopolitical reasons tied to security,” which require “long-term solutions.” The diplomat noted that “international institutions which still retain a small amount of common sense” also warn that this is a long-term crisis and a problem which will exist “not just this winter, but the next one and the one after that as well.”

Szijjarto also mentioned that Hungary’s own energy supply has been secured, after the country reached an agreement with Russia and has been receiving gas through the TurkStream pipeline without interruption. “That is why the Hungarian government pays special attention to ensuring the physical and legal functioning of the Turkish Stream, as this is a fundamental interest of our national security,” he said, noting that Hungarian gas storage facilities are filled at 48.2% of annual consumption, while the average fill level for Europe is currently at 26.9%.

Hungary receives around 80% of its gas from Russia’s gas giant Gazprom. While Russia has cut off gas supplies to a number of countries, Hungary signed a deal with Moscow in late August for additional deliveries on top of already-agreed volumes. Hungarian President Viktor Orban had previously accused the EU leadership of sparking the ongoing energy crisis by introducing “counterproductive” sanctions on Russian energy over Moscow’s ongoing military campaign in Ukraine. Budapest has repeatedly called for “the failed policy of Brussels” to be changed, noting that the sanctions “didn’t fulfill the hopes that were pinned on them,” while Europe is “slowly bleeding.”

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Probably true.

Orbán: With Merkel, We Wouldn’t Have A War (EURActiv)

Russia’s war on Ukraine would not have happened if former German Chancellor Angela Merkel was still in office, Hungarian Prime Minister Viktor Orbán said during a visit to Berlin, where he met with both Merkel and current Chancellor Olaf Scholz.When Merkel announced that she would retire from politics, Orbán published a letter on his website saying the then-German Chancellor “understood us” and “we understood her”. Germany is Hungary’s main trading partner, accounting for approximately 27% of trade volume, while some 3,000 German companies are currently present in Hungary.

Merkel’s reaction to the 2014 crisis triggered by Russia’s illegal annexation of Crimea was “a master stroke,” Orbán told a public event in Berlin on Tuesday (11 October), explaining that a war could have broken out at the time but was avoided due to the German chancellor’s actions.“Thank you, Angela!” he added. Asked whether this means the current war would have been prevented if the conservative ex-chancellor was still in office, Orbán said: “for certain.” Merkel, meanwhile, has been criticised since the onset of the Ukraine war for failing to reduce energy dependency from Russia and maintaining close economic ties with Moscow during her 16-year rule.

Nord Stream 2 pipeline, for many, Europe’s Achilles’ Heel, was a thorny issue during Merkel’s mandate. The pipeline, which aimed to carry 55 billion cubic meters of Russian gas to Germany, was backed by Merkel but is now frozen due to Russia’s invasion of Ukraine. Back then, eastern European countries opposed the project, but Hungary did not voice any significant opposition.

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It will take a rebellion against US and NATO. But all these countries are members of NATO.

Putin Says Russia Ready To Send Natural Gas To Europe Via Nord Stream 2 (OP)

Russia is ready to supply gas to Europe on the one undamaged line on the Nord Stream 2 pipeline if the EU wants to start the route, Russian President Vladimir Putin said at an energy forum in Russia on Wednesday. Russia is ready to deliver additional volumes of natural gas to Europe this winter, but the ball is in the EU’s court to decide, Putin said, as carried by the Russian news agency Interfax. Putin also said that repairing the Nord Stream 1 and 2 lines that were found to have been sabotaged would only make sense if they will be used later, Interfax quoted the Russian president as saying. Nord Stream 2 was never put into operation after Germany axed the certification process following the Russian invasion of Ukraine.

Russia, for its part, shut down Nord Stream 1 indefinitely in early September, claiming an inability to repair gas turbines because of the Western sanctions. Before the Nord Stream 1 and 2 leaks were detected at the end of September, Putin said that Russia had nothing to do with Europe’s energy crisis and that if Europe wanted more gas, it just had to “push the button” on Nord Stream 2 and “everything will get going,” that is, lift the sanctions on Nord Stream 2. A few days later, Stephan Weil, Minister-President of the northwestern German state of Lower Saxony, said that Germany could never rely on Russia for energy supply again, and the Nord Stream 2 gas pipeline project would never go ahead.

Another few days later, the suspected sabotage on Nord Stream 1 and 2 lines in Swedish and Danish territorial waters in the Baltic Sea put Europe on heightened alert over the security of its energy infrastructure. Norway posted soldiers from its Home Guard to protect energy infrastructure as Western Europe’s largest oil and gas producer, and its Scandinavian neighbors are increasing security following the suspected sabotage of the Nord Stream pipelines.

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This pipeline is from the 1960s. More than 50 years older than Nordstream. Not the same quality.

Leak Found In Key Russian Oil Pipeline To Germany – Polish Operator (RT)

Polish operator PERN has said it’s discovered a leak on the Druzhba pipeline, which supplies Russian oil to Germany. The rupture was detected late on Tuesday by automated systems on one of the two strings of the pipeline, some 70 kilometers from the town of Plock in central Poland, the company said in a statement on Wednesday. The damaged half was switched off immediately, and the other string continues to operate as normal, the company said. “At this point, the causes of the incident are not known,” PERN said, adding that its staff and firefighters were deployed to the site to assess the situation and secure the area.


The Druzhba pipeline is one of the largest oil transport networks in the world, spanning some 4,000km and bringing oil from Russia to Ukraine, Belarus, Poland, Hungary, Slovakia, the Czech Republic, Austria and Germany. The leak on the Druzhba pipeline follows explosions that were detected in late September on the Nord Stream 1 and 2 gas pipelines in the Baltic Sea, connecting Russia to the EU via Germany. The incident is widely considered to be the result of sabotage.

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“The list of people in custody includes five Russians..”

Russia Names Chief Suspect In Crimea Bridge Attack (RT)

Russia’s domestic security service, the FSB, has announced arrests over the attack on the Crimean Bridge. It has also revealed details of the alleged Ukrainian terrorist plot, including its mastermind.The agency accused the Ukrainian Main Intelligence Directorate (GUR) of the Ukrainian Defense Ministry of being behind the explosion, which damaged the strategic structure last Saturday. It claimed that Commander, Kirill Budanov, was personally responsible for the operation. Russia has identified 12 individuals as suspected accomplices in the plot and has arrested eight of them, the FSB said. The list of people in custody includes five Russians and three foreigners, who have citizenship of Ukraine and Armenia.


The FSB claimed that the deadly cargo came from the Ukrainian city of Odessa. The explosives were disguised as rolls with plastic construction film, which were shipped on pallets and weighed 22,770 kg, the statement said.Investigators said the shipment left Odessa in August and went through Ruse, Bulgaria, to Poti in Georgia. It was then moved to Armenia, a country which has a free trade agreement and a relaxed customs regime with Russia. It was then imported into Russia via Georgia on October 4, according to the timeline. The transportation paperwork identified a non-existent firm in Crimea as the final recipient, according to the Russian agency. But the set of documents was only the latest of several used to disguise the movement of the cargo, it added.

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Germany will have to stand up for itself.

Putin Ponders EU’s Energy Future (RT)

Russia could move the transit volumes lost through the damage to the Nord Stream pipelines to the Black Sea region, by establishing a ‘gas hub’ in Türkiye for EU supplies, President Vladimir Putin has said. He pointed out it was possible to repair the damaged pipelines but that Russia and the EU should decide their fate.“We could … thus make the main routes for the supply of our fuel, our natural gas to Europe through Türkiye, creating the largest gas hub for Europe in Türkiye,” Putin said, during an address on Wednesday to the Moscow Energy Week conference. “That is, of course, if our partners are interested in this. And economic feasibility also matters, of course.”

According to the president, Russian gas could still be supplied to the EU via one remaining part of the Nord Stream 2 pipeline that remains intact, but the ball was now in the EU’s court on whether it wanted this to happen. Russia could open the gas taps on that line if the bloc wanted it to, Putin stressed. The Nord Stream 1 and 2 gas pipelines abruptly lost pressure last month, following a series of powerful underwater explosions off the Danish island of Bornholm. The incident caused massive gas leaks, with large volumes entering the sea. The ruptures are widely considered to be the result of sabotage by an unknown party. The routes were designed to carry Russian natural gas directly to Germany, bypassing transit states, including Ukraine and Poland.

Moscow has called the incident a terrorist attack and said the US, a long-time critic of Germany’s reliance on Russian energy, stood to benefit most from the disabling of the routes, both politically and economically. Washington has denied any involvement. However, Secretary of State Antony Blinken hailed the incident as a “tremendous opportunity” for Europe “to once and for all remove the dependence on Russian energy.” Neither pipeline was operational at the time of the breach. Berlin refused to certify the newer Nord Stream 2 after its completion last year, and Russia halted supplies via the older Nord Stream 1 in late August, citing sanctions-related maintenance problems.

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Inferior not in quality, but in competitiveness.

“..the US “sells its liquefied natural gas at four times the price that it sets for its own industrialists..”

American Gas ‘Inferior’ To Russia’s – Putin (RT)

The US has ample opportunity to supply its shale gas to the EU now that Russia’s Nord Stream 1 pipeline has been made inoperable, but this gas is “inferior” to Russian natural gas supplies, President Vladimir Putin said on Wednesday. “It is quite clear who the beneficiaries [of the Nord Stream incident] are… the US, of course, which can now supply energy resources at high prices… It is now possible for them to force large liquefied natural gas volumes on European countries, which are clearly inferior in competitiveness to Russian pipeline gas,” the President said at the Russian Energy Week forum. He explained that the prices on US-produced LNG are much higher than those on Russian pipeline gas, “everyone was well aware of this before, and now is even more so,” and added that there are additional risks regarding US deliveries.

“The risks lie in the fact that all this supply is very unstable and can ‘float away’ to other regions,” Putin said, adding that US tankers carrying LNG to Europe may divert from Europe if sellers will be offered a higher price elsewhere. Putin’s words echo the statements made by French Finance Minister Bruno Le Maire earlier this week. Speaking at the National Assembly, he said that it is unacceptable that the US “sells its liquefied natural gas at four times the price that it sets for its own industrialists” and called for a “more balanced economic relationship on the energy issue” to be established between Brussels and Washington.

Russia used to cover over 40% of the EU’s gas needs prior to the start of the military operation in Ukraine and ensuing sanctions. Supplies dropped dramatically this year, especially after one of the major routes for gas deliveries was severed due to the under-investigation explosions that damaged Russia’s Nord Stream pipelines last month. The US, meanwhile, ramped up its supply of LNG to Europe over the past months, up to a point where it now accounts for nearly half of the bloc’s LNG imports, nearly twice the share recorded in 2021.

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Do such heads still exist in the west?

1962: Cool Heads Prevented A Soviet-US Naval Encounter Sparking A Nuclear War (RT)

On October 1, 1962, four Soviet submarines, each equipped with nuclear-armed torpedoes, departed Kola Bay in the Barents Sea en route to Cuba. The mini-fleet was intended to secretly bolster a vast Soviet military presence on and around the island and protect the construction of defensive missile sites requested by Havana in the wake of the CIA’s disastrous Bay of Pigs operation, in which Washington-backed rebel forces attempted to storm Havana and overthrow the popular Communist government of Fidel Castro. According to the private account of Vasily Arkhipov, the vice-admiral of submarine B-59, now published for the first time in commemoration of the event by the US National Security Archive, the weather during the transit was “generally conducive to keeping secrecy” over the long journey – “stormy weather, low clouds, low visibility, snow squalls, rain.”

Along the way, they detected “an elevated level of activity of anti-submarine aircraft radiolocation stations working in a short-interval regime,” but the covert convoy went unnoticed until October 18, when Soviet intelligence “intercepted a message from a French radio station informing some correspondents that Soviet submarines [had] entered the Atlantic and were now traveling to the American shores.” “How they discovered the submarine is hard to say…However, one can say with high confidence that the submarine was not discovered with aircraft radar,” Arkhipov claims. “[Soviet] commanders…were ordered to be on full alert and to continue to navigate in secret,” as a result, Arkipov recalled.


On October 24, the Soviet submarines arrived at their “designated areas” near Cuba, the very same day that Soviet leader Nikita Khrushchev told Washington’s high representative in Moscow that if US ships began searching Soviet merchant ships on the high seas, it would be considered piracy and he would give orders to Soviet submarines to destroy the harassing American vessels. It was a hugely tense situation and one that set the scene for what happened three days later, when a B-59 surfaced in order to recharge its batteries. According to the private account of Arkhipov, upon emerging it discovered: “An aircraft carrier, nine destroyers, four Neptune airplanes and three Trekkers, encircled by three concentric circles of coast guard forces…overflights by planes just 20-30 meters above the submarine’s conning tower, use of powerful searchlights, fire from automatic cannons (over 300 shells), dropping depth charges, cutting in front of the 5 submarine by destroyers at a dangerously [small] distance, targeting guns at the submarine, yelling from loudspeakers to stop engines, etc.”

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Output cut only after the midterms.

Saudi Arabia Unveils Biden Oil Demand (RT)

Saudi Arabia has said that OPEC’s decision to cut oil production was based solely on economic considerations, not politics, and that the organization resisted pressure from the United States to put off the move for several weeks.The Saudi Foreign Ministry issued a statement on Wednesday pushing back on allegations that the oil cut was intended to benefit Russia, insisting it is not “taking sides in international conflicts” or making “politically motivated” decisions.“These outcomes are based purely on economic considerations that take into account maintaining balance of supply and demand in the oil markets, as well as aim to limit volatility that does not serve the interests of consumers and producers, as has been always the case within OPEC +,” the ministry said, adding that the cut was approved “unanimously by all member states” of the organization.

While Washington suggested “postponing the OPEC+ decision for a month,” the Foreign Ministry said US officials were informed such a delay “would have had negative economic consequences.” The Wall Street Journal was first to report on the request from the United States, noting that Riyadh considered the idea a “political gambit by the [Joe] Biden administration to avoid bad news ahead of the US midterm elections.”However, a National Security Council (NSC) spokesperson, Adrienne Watson, denied that characterization, telling the outlet that US officials “questioned a Saudi analysis that the price of oil was about to plunge and urged them to wait and see how the market reacted.”

“It’s categorically false to connect this to US elections,” Watson said. “It’s about the impact of this shortsighted decision to the global economy.” President Biden responded harshly to the production cut, suggesting the move would help Moscow reap higher prices for its energy exports as Western nations seek to choke off the Russian economy in retaliation for the war in Ukraine. Biden also vowed “consequences” for Saudi Arabia, and though he did not elaborate what that could mean, top NSC spokesman John Kirby later told reporters that the White House would review the US-Saudi relationship to ensure “it is serving our national security interests.”


Saudi Arabia confirms Biden attempted to coerce them to postpone oil cuts until after the midterms

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Treating Ukraine as de facto NATO member. Not wise.

NATO Eyes 10-Year Plan For Ukraine – Politico (RT)

The NATO alliance will soon launch a scheme to rebuild Ukraine’s defense industry over the next decade, hoping to phase out Soviet-era weapons in favor of Western gear as Washington and its allies pledge new rounds of military aid to Kiev. Officials from NATO and Ukraine are set to meet next week to discuss a “long-term commitment” to revitalize Kiev’s military-industrial complex following months of fighting with Russia, Politico reported on Wednesday, citing a senior NATO official. “We will be looking at defense planning requirements to get Ukraine fully interoperable with NATO,” the unnamed official said. “It’s about shifting away from Soviet equipment … to NATO-compatible Western equipment.” Though the NATO staffer offered few details about the rebuilding effort, they said it would focus on Ukraine’s longer-term needs and likely involve several international partners.

The initiative will be separate from another NATO project discussed by acquisition officials earlier this month, which also seeks to bolster Ukraine’s defense sector while replenishing Western stockpiles after heavy arms shipments to Kiev. Earlier on Wednesday, the so-called ‘Ukraine Defense Contact Group’ met to discuss continued military support, with Ukrainian Defense Minister Alexey Reznikov stating that air defense systems are his country’s “top priority.” US Joint Chiefs of Staff Chairman Gen. Mark Milley said Washington and its allies would aim to provide such weapons, calling on members of the contact group to “chip in and help [Ukraine] rebuild and sustain an integrated air and missile defense system, specifically old systems.”

Dutch Defense Minister Kajsa Ollongren, meanwhile, vowed to send additional anti-aircraft missiles during Wednesday’s meeting, saying the “only result [Russia] is achieving with [continued attacks on Ukraine] is that we are going to deliver even more.” Those pledges came soon after Germany delivered the first of four IRIS-T air defense systems to Ukraine, while France, the United States and Britain have each announced new weapons transfers of their own, including French truck-mounted howitzers, US-made NASAMS air defense systems and AMRAAM air-to-air missiles from the UK.

Maersheimer Cohen

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‘Nobody is going to catch us. We are going to break a constitutional republic’s 250-year tradition because we don’t like the guy in the White House, and we’re going to manufacture a crime on it.'”

$1m Offer To Steele Shows FBI Misled Congress On Russia Probe: Kash Patel (JTN)

Following the bombshell revelation from the trial of Igor Danchenko that the FBI offered Christopher Steele $1 million to corroborate his dossier, former House Intelligence Committee investigator Kash Patel said this proves the bureau knew it hadn’t been able to verify the Trump-Russia collusion narrative and misled Congress. Danchenko, the primary source for the Steele dossier, is charged with five counts of lying to the FBI. As the prosecution opened its case against Danchenko Tuesday, Special Counsel John Durham questioned his first witness, FBI supervisory intelligence analyst Brian Auten. Auten testified that in early October 2016, the FBI offered Steele “up to $1 million” to provide corroborating evidence for his dossier, but the former British spy didn’t provide any such information to the bureau.

As a result, Steele wasn’t given the money because he was unable to “prove the allegations.” An application the FBI submitted to a FISA court on Oct. 21, 2016 for a warrant to initiate electronic surveillance of former Trump campaign adviser Carter Page included uncorroborated information from the dossier. Auten testified that before the FBI received the dossier, it didn’t have enough evidence to obtain a FISA warrant. Auten also said the FBI contacted other intelligence agencies regarding the specific allegations in the dossier, but none were able to corroborate them. Durham asked Auten, “On October 21, 2016 did you have any information to corroborate that information?” “No,” Auten replied. Patel was asked about the purported reward offer on the “Just the News, No Noise” TV show Tuesday.

The House Intelligence panel chaired by then-Rep. Devin Nunes sent 17 congressional subpoenas “for information specifically related to payments and confidential human sources,” he said, “were denied this information, and we learn it four years after our investigation.” “That means somebody obstructed a congressional investigation with congressional subpoenas,” said Patel, a former national security prosecutor. This exposes “the depths that [the FBI] would go to to falsely corroborate the Steele dossier, which … shows they didn’t have it verified, which we’ve said the whole time,” Patel added. “And more importantly,” he continued, “they were willing to spend a million taxpayer dollars on shoveling political hot garbage through the federal court system just to surveil a political target that would have been totally baseless — it was baseless then.”

Referring to a group of senior FBI leaders during the James Comey era as “government gangsters,” Patel said “this bombshell” shows that they “were so arrogant, that they said, ‘Nobody is going to catch us. We are going to break a constitutional republic’s 250-year tradition because we don’t like the guy in the White House, and we’re going to manufacture a crime on it.'” Retired FBI supervisory special agent Bassem Youssef, one of the bureau’s most famous whistleblowers, said Tuesday’s revelation at the trial was unlike anything he ever saw in his three-decade FBI career.”Never in my entire career have I heard of such an offer to pay a source to corroborate their own information,” Youssef told Just the News. “The FBI queries other sources in order to validate the original source of information. It is unheard of that the FBI would offer to pay Steele $1 million to corroborate his own information.

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Just say no.

Moderna COVID-19 Vaccine Effectiveness Turns Negative Within Months (ET)

The effectiveness of Moderna’s COVID-19 vaccine against infection turns negative over time, according to a new study that was funded by the vaccine maker. The effectiveness of three doses—a primary series and a booster—against infection remained above 50 percent after 150 days against BA.1, a subvariant of the Omicron virus variant, researchers estimated. However, against more recent strains, including the currently dominant BA.5, the effectiveness turned negative. Against BA.2, BA.4, and BA.5, the effectiveness went negative after 150 days; against BA.1.12.1, the effectiveness turned negative after 91 days. Negative effectiveness means that a vaccinated person is more likely to contract COVID-19, the disease caused by the virus, than an unvaccinated person.

Researchers with Moderna and Kaiser Permanente, which carried out the study, also found that people who received three Moderna doses were more likely to become infected when compared to people who received just two doses. Researchers said that they attempted to reduce potential bias by taking actions such as adjusting for comorbidities, but that some confounding may remain. They said that some of the negative effectiveness estimates “could be due to differential risk behaviors among vaccinated and unvaccinated individuals when protection from antibodies becomes minimal.” Hung Fu Tseng, a researcher with Kaiser Permanente Southern California and the study’s corresponding author, declined to provide evidence for the statement or otherwise comment on the negative effectiveness estimates.

A slew of other studies and analyses have found that the effectiveness of COVID-19 vaccines turns negative over time, including a study that estimated the protection for children aged 5 to 11 turned negative after 18 or 20 weeks, and an analysis of data from a Centers for Disease Control and Prevention (CDC) testing program that estimated the shielding turned negative around six months. Swedish researchers in September concluded that effectiveness turned negative within several months.

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“..these funds are funded by workers and yet they are “engaging in actions which destroy the living standards of those workers..”

Europe’s Pension Funds Are Gambling With Food Prices (EUO)

Some of Europe’s largest pension funds are investing billions of euros in volatile commodity markets, risking the hard-earned income of millions of workers while fuelling a global hunger crisis caused in part by such investments, a new investigation has found. The findings also raise questions over whether the European Union’s continued drive to deregulate its financial markets will worsen the situation in the future. The rules governing the bloc’s capital markets are currently under review. Soaring prices of key commodities such as food and energy have triggered a cost of living crisis around the world, including in Europe. The United Nations said the increases may have also pushed an estimated 71 million people in developing nations into poverty.

Lighthouse Reports, a European non-profit newsroom, analysed the accounts of more than 70 major pension funds in Spain, Italy, Germany, the Netherlands, Germany, the UK, Finland and Denmark. While some funds explicitly forbid speculating in commodities, especially in food, 15 are currently investing in them, with the three biggest buyers the Netherlands, UK and Denmark held a total of €37.6bn between them at the end of 2021. According to Jayati Ghosh, professor of economics at the University of Massachusetts Amherst, the findings show that pension funds are amongst the financial institutions that have aggravated the problem of investor speculation driving food prices. This is “particularly egregious” because these funds are funded by workers and yet they are “engaging in actions which destroy the living standards of those workers”, she said.

Most funds do not disaggregate between hard commodities, such as gold and oil, and soft commodities, such as agriculture and livestock, but experts say the ultimate impact — rising commodity prices — is likely to be the same. “Whether it is in food or energy, both are equivalently terrible from the point of view of workers and developing countries because a fuel price increase translates into prices of all other prices going up,” says Ghosh. In addition, commodity markets are risky to invest in, said Ann Pettifor, one of the few economists who predicted the 2007-2008 global financial crisis. “I don’t want my pension fund to go near something as volatile as a commodity market, basically, especially the ones in energy and in food,” she said.

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When Adam Curtis makes a film (series), you watch. When Adam Curtis writes, you read.

“..on how hyper-capitalism wrecked a nation – and why Liz Truss must take heed..”

In the 1990’s, Russia male life expectancy fell by 15-20 years. That’s what Putin inhereted.

‘They Are Stealing Russia’ (Adam Curtis)

The central mystery of our time is why, at a moment when the whole political and social system is out of control and in total chaos, no one seems able to imagine any alternative. The economic system is not delivering the good life it once promised, but is instead creating chaos and hardship for millions. Meanwhile, those in charge of the system are profiting massively from that chaos, feeding off the uncertainty. And the political class are in thrall to an economic theory that has become absurd and corrupted. I’ve just made TraumaZone, a series of films about another time when that was happening. It was in Russia in the 1990s after communism collapsed. Those in charge began an experiment to create an extreme form of capitalism. I made it because I don’t think we in the west understand what the Russians went through: a cataclysm that tore apart the foundations of society.

The films are made using a unique source of material: thousands of hours of raw footage recorded by BBC crews in Russia during that time, much of it never seen before. What makes it so extraordinary is that it records the experiences of Russians at every level of society as their world fell apart: from inside the Kremlin to the frozen mining cities of the Arctic circle, from life in the tiny villages of the vast steppes to the strange wars fought in the mountains and forests of the Caucasus. As I watched the footage I decided that I shouldn’t use my voice or paste music over it. The material was so strong that I didn’t want to intrude pointlessly, but rather let viewers simply experience what was happening, because it is was out of this – the anger, violence, desperation and overwhelming corruption – that Vladimir Putin emerged.

But as I made the films, the growing chaos here in Britain made me see parallels. There are of course vast differences between our society and the Russia of 30 years ago, but the more you find out about the extreme economic experiment there, and what is happening here now with the present government, the more you see that they both share very similar roots that have nothing to do with either capitalism or communism. The clue lies in the man who imposed the “shock therapy” experiment on Russia. Called Yegor Gaidar, he was at the heart of the communist establishment. His grandfather was the most famous writer of children’s books in the Soviet Union, and Gaidar had married the daughter of one of the Strugatsky brothers, science-fiction writers who wrote the novel the film Stalker was based on.

This economist who would become acting prime minister set out to create a perfect capitalist system in Russia. He had to do it fast, he said, to stop communism from ever returning. Overnight, he removed all controls over prices, while the government gave up on any attempt to manage the system. The aim, said Gaidar, was to create a new zone of perfect freedom in which, despite initial pain, the system would find its own natural equilibrium. But if you look closer, you will see that his plan had little to do with freedom. It was in fact an odd, machine-like vision of the world driven by pseudoscientific ideas.

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PressTV

 

 

US soldier

 

 

Hologram

 

 

 

 

 

 

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Jul 172022
 
 July 17, 2022  Posted by at 8:58 am Finance Tagged with: , , , , , , , ,  41 Responses »


Pablo Picasso Guernica 1937

 

Germany Is Facing The Biggest Crisis The Country Has Ever Had (Cody)
Berlin’s Quit Decades Of Courting Both Moscow And Washington (Davydov)
The War Of Economic Corridors Is In Full Swing (Escobar)
Republicans Wince As Their Ukrainian-born Colleague Thrashes Zelensky (Pol.)
In Search of Enemies (Femi Akomolafe)
Italy May Soon Be Unable To Arm Ukraine – Foreign Minister (RT)
To Hell or Not to Hell? (Batiushka)
‘Experts’ Broke The World. But They’re Rapidly Losing Power… (Black)
Gazprom Requests Documents On Nord Stream Turbine Return (RT)
Saudi Arabia Outlines What It Will Do For Oil Output (RT)
Biden Visits Saudi Arabia, Returns with an Empty Tin Cup (CTH)
China Issues Phosphate Quotas To Rein In Fertiliser Exports (R.)
Dr. Birx Praises Herself While Revealing Ignorance, Treachery, and Deceit (BI)
Judge Questions FBI’s Aggressive Arrest Of Peter Navarro (ZH)
Ankara Not Likely To Accept F-16 Strings (K.)

 

 

 

 

Emmanuel
https://twitter.com/i/status/1548256134020022273

 

 

 

 

 

 

And it will export that crisis.

Germany Is Facing The Biggest Crisis The Country Has Ever Had (Cody)

Germany is facing an unprecedented crisis due to a potential Russian gas cut that will erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations. “We are facing the biggest crisis the country has ever had. We have to be honest and say: First of all, we will lose the prosperity that we have had for years,” Dulger told the Süddeutsche Zeitung regarding the consequences of a gas shortage to everyone. While many are urging more government intervention to help prop up the German economy, Dulger argues that in general, the fewer the interventions, the better. He says that when it comes to the economy, private businesses always do better than the government.

However, he does believe certain measures need to be implemented to provide support for people in increasingly stressed economic situations. “More net earnings from the gross amount must now arrive into every citizen’s account,” he claimed, emphasizing the importance of not reducing the net income of the citizens and ensuring the fair redistribution of profits generated during the crisis. Dulger is not the only one warning of a crisis in Germany. Economy Minister Robert Habeck warns of a “catastrophic winter” ahead over Russian gas cut fears. According to him, Germany will face a “crucial test that we haven’t faced for a long time.” Other experts are predicting mass bankruptcies, inflation, and energy rationing that will send “shockwaves” through the German economy.

The Bavarian Business Association (VBW) warned that as many as 5.6 million jobs across Germany could be lost in the case of a gas supply stoppage from Russia. According to the association’s calculations, a German boycott of Russian gas could also reduce the country’s economic output by 12.7 percent, with immediate abandonment of the raw material hitting the glass, iron, and steel industries particularly hard; losses in these sectors would be almost 50 percent. Dulger sees the significant cause of the current situation as the lack of ability to be self-sufficient. For too long, Germany had disregarded something that former German Chancellor Helmut Schmidt warned about in the 1970s. When deliveries of gas to Russia began at the time, Schmidt said: “We can do it, but we must not depend on Russian gas for more than 30 percent.”

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Post-WWII took a lot of diplomacy. That is now gone.

Berlin’s Quit Decades Of Courting Both Moscow And Washington (Davydov)

Germany’s new leadership has gone “all in” on its alliance with the US, overturning a strategy that had underpinned its success What was known as the “memory culture” was an essential element of the foreign policy strategy of post-war Germany. Wise leaders were able to gradually restore the importance of the country on the international stage and achieve strategic goals. A prime example was Chancellor Willy Brandt’s ‘Ostpolitik,’ based on ideas of repentance and overcoming post-war enmity. The historical reconciliation between Bonn and the USSR became the basis for the future unification of Germany – solving the main task of the country’s political elites after the end of World War II.

However, less gifted politicians find historical memory a handicap and a hardship. For neighbours, the ambitions of German leadership in Europe bring back painful memories. Indeed, historical documents such as the Treaty of German Unification, limit the military capabilities of the state – which is a direct obstacle to Chancellor Olaf Scholz’s dream for the creation of “the strongest army in Europe.” Today, the image of a peace-loving nation that has re-educated itself after the tragedy of two world wars does not fit well with active arms deliveries to Ukraine. “This war must end,” Scholz recently warned, while in Kiev. Meanwhile, his government’s website is regularly updated with information on weapons already delivered and planned to be delivered to the Ukrainians. This is what you might call a paradox.

Let’s look at some of the rhetoric coming out of Berlin. On June 21, on the eve of Russia’s Day of Remembrance and Sorrow, Economy Minister Robert Habeck called the reduction of Russian gas supplies “an attack on Germany.”Foreign Minister Annalena Baerbock has claimed that “Russia deliberately uses hunger as a weapon.” By the way, behind the unfounded lies are real historical data – more than four million Soviet citizens were starved to death during the Nazi occupation. At the G7 summit last month, Scholz called on participants to prepare a new “Marshall Plan”for Ukraine, twisting the meaning of the programme that helped Western Europe recover from the horrors of fascism. It feels like a policy of remembrance is being replaced by a policy of deliberate amnesia.

[..] Scholz’s approach is the opposite of what Willy Brandt and his followers worked on. Berlin has finally narrowed the once dynamic and multifaceted eastern policy solely in support of Kiev. In international relations, however, simplification rarely reduces contradictions. This sort of primitivization does not add credibility to the German leadership, but it does raise doubts about its competence. The granting of EU candidate status to Ukraine, actively supported by Berlin, could also turn out to be an embarrassment. And it is not just about the five other official members of the waiting list and several potential contenders, who have been waiting or are still waiting years for this decision, all the while trying to fulfil the EU’s strict requirements. In Germany’s foreign policy approach, showmanship and symbolism are gradually replacing order and consistency.

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“..all five Caspian Sea littoral states agreed that no NATO warships or bases will be allowed on site…”

The War Of Economic Corridors Is In Full Swing (Escobar)

The War of Economic Corridors is now proceeding full speed ahead, with the game-changing first cargo flow of goods from Russia to India via the International North South Transportation Corridor (INSTC) already in effect. Very few, both in the east and west, are aware of how this actually has long been in the making: the Russia-Iran-India agreement for implementing a shorter and cheaper Eurasian trade route via the Caspian Sea (compared to the Suez Canal), was first signed in 2000, in the pre-9/11 era. The INSTC in full operational mode signals a powerful hallmark of Eurasian integration – alongside the Belt and Road Initiative (BRI), the Shanghai Cooperation Organization (SCO), the Eurasian Economic Union (EAEU), and last but not least, what I described as “Pipelineistan” two decades ago.

Let’s have a first look on how these vectors are interacting. The genesis of the current acceleration lies in Russian President Vladimir Putin’s recent visit to Ashgabat, Turkmenistan’s capital, for the 6th Caspian Summit. This event not only brought the evolving Russia-Iran strategic partnership to a deeper level, but crucially, all five Caspian Sea littoral states agreed that no NATO warships or bases will be allowed on site. That essentially configures the Caspian as a virtual Russian lake, and in a minor sense, Iranian – without compromising the interests of the three “stans,” Azerbaijan, Kazakhstan and Turkmenistan. For all practical purposes, Moscow has tightened its grip on Central Asia a notch.

As the Caspian Sea is connected to the Black Sea by canals off the Volga built by the former USSR, Moscow can always count on a reserve navy of small vessels – invariably equipped with powerful missiles – that may be transferred to the Black Sea in no time if necessary. Stronger trade and financial links with Iran now proceed in tandem with binding the three “stans” to the Russian matrix. Gas-rich republic Turkmenistan for its part has been historically idiosyncratic – apart from committing most of its exports to China. Under an arguably more pragmatic young new leader, President Serdar Berdimuhamedow, Ashgabat may eventually opt to become a member of the SCO and/or the EAEU. Caspian littoral state Azerbaijan on the other hand presents a complex case: an oil and gas producer eyed by the European Union (EU) to become an alternative energy supplier to Russia – although this is not happening anytime soon.

Iran’s foreign policy under President Ebrahim Raisi is clearly on a Eurasian and Global South trajectory. Tehran will be formally incorporated into the SCO as a full member in the upcoming summit in Samarkand in September, while its formal application to join the BRICS has been filed. Purnima Anand, head of the BRICS International Forum, has stated that Turkey, Saudi Arabia and Egypt are also very much keen on joining BRICS. Should that happen, by 2024 we could be on our way to a powerful West Asia, North Africa hub firmly installed inside one of the key institutions of the multipolar world. As Putin heads to Tehran next week for trilateral Russia, Iran, Turkey talks, ostensibly about Syria, Turkish President Recep Tayyip Erdogan is bound to bring up the subject of BRICS.

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Ukraine corruption is on the list of things we can’t talk about.

Republicans Wince As Their Ukrainian-born Colleague Thrashes Zelensky (Pol.)

House Republicans gave Ukraine-born Rep. Victoria Spartz a coveted platform to speak out against Russia’s war. They’re coming to regret that. Spartz (R-Ind.), who has traveled to Ukraine a half-dozen times since the war began and spoken passionately about the conflict, shocked lawmakers in both parties recently with her intense criticisms of the country’s president, Volodymyr Zelenskyy, and his confidants. She drew a rare rebuke last weekend from the Ukrainian Foreign Ministry, which accused her of “trying to earn extra political capital on baseless speculation.” Inside the House GOP Conference, there’s a widespread fear that her posture is damaging U.S.-Ukraine relations at the worst possible time — and that she’s being played by forces that aim to weaken the Western alliance.

GOP national-security hawks also worry that the MAGA wing of their party, where there’s already resistance to supporting Ukraine, will point to Spartz’s comments as justification.They’re concerned that Spartz’s public break from Zelenskyy — and her corruption accusations about his closest aides — could portend future cracks in U.S. support for Ukraine, especially as the midterm elections approach. “Her naiveness is hurting our own people,” said a GOP lawmaker who serves on the House Foreign Affairs Committee, granted anonymity to speak candidly about a colleague. “It is not helpful to what we’re trying to do and I’m not sure her facts are accurate … We have vetted these guys.” The Republican warned that Spartz’s comments could “hurt” the war effort.

Asked for comment on Spartz’s remarks, one senior House Republican who was granted anonymity for the same reason offered a blunt reply: “What the fuck.” A third House Republican granted anonymity to speak candidly about Spartz said she has a reputation for elbowing her way into briefings and meetings for committees she doesn’t belong to, like the Foreign Affairs panel, where multiple members have tried to address her comments behind closed doors. The Biden administration is even getting involved — another sign of growing worries that Spartz’s comments may damage cohesion among the Western coalition in defense of Kyiv. A Foreign Affairs Committee aide, speaking on condition of anonymity, said the U.S. intelligence community is planning to brief Spartz about her claims in a classified setting Friday morning.

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“It’s the wrong game for a great nation. And the players we’ve got are losers.”

In Search of Enemies (Femi Akomolafe)

We are in July and while the Russians are not letting up on the grinding of the Ukrainian forces, the West has already lost interest in its latest misadventure. Many Western countries have already announced that they have no more weapons to spare, and the EU’s powerhouse, Germany, has been reduced to dusting off ancient mothballed tanks to send off to battle against an already defeated Russians! That’s when German officials are not too busy trying to placate an irascible and ungrateful Ukrainian officials with an obscene and gratuitous sense of entitlement. Or maybe the Ukrainians should feel perfectly entitled since they were foolish enough to sell off their country for whatever pieces of silver they got!

The question here is: Why are Westerners so dumb that they cannot ask where their leaders who can’t find the money to repair their shattered economies, suddenly find the money to provide weapons to Nazis in Ukraine? Another question: After the war is settled – in Russia’s favor (my bet), do Westerners expect the Russians to forgive them for providing support to Nazis 2.0? For a people without enough resources to cater for themselves, and one that proclaims its rationality all the time, it is beyond belief that Westerners keep on searching for enemies! Besotted with their self-generated image of superiority, Westerners appear to live in a bubble, unaware of what goes on outside their self-created cocoon.

The Russians made it plain what they felt about the West’s insane push to their borders. From President V Putin to FM Lavrov to the inimitable Spokeswoman for the Russian FM, Maria Zakharova, the Russians told whoever would listen that there were bound to be severe repercussions if their core security concerns were ignored. Ignored them, the West did. Last year, the Russians emphasized the urgency of their concerns by dispatching drafts of Treaties to both Washington and Brussels. The West rather haughtily brushed them aside. The Russians openly warned about taking “technical and military” means if the West persists in its folly. The West arrogantly ignored the warnings.

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Arming Ukraine is not biggest problem here: “If the government falls on Wednesday, we won’t have the power to sign any new energy contracts and this is serious because we are headed into winter..”

Italy May Soon Be Unable To Arm Ukraine – Foreign Minister (RT)

Political turmoil in Italy could soon see Rome unable to continue supporting Ukraine with weapons deliveries, the country’s foreign minister has warned. According to Luigi Di Maio, this would be the case should the incumbent government not survive a no-confidence vote next week. In a phone interview with US media outlet Politico on Friday, Di Maio said that those in Italy who want the collapse of Prime Minister Mario Draghi’s government are playing into the hands of the Kremlin. “The Russians are right now celebrating having made another Western government fall,” the minister argued. Di Maio went on to express doubt as to whether Italy will be able to keep supplying arms to Ukraine under these circumstances, adding that “it is one of the many serious problems.”

The official explained that, should the government collapse, it would still remain in power for some time in a caretaker capacity. However, in this case, its powers would be reduced, meaning, among other things, that the government wouldn’t be able to continue weapons deliveries to Ukraine. “If the government falls on Wednesday, we won’t have the power to sign any new energy contracts and this is serious because we are headed into winter,” the minister added. According to Di Maio, Italy could also end up without a 2023 budget as the document is normally passed by parliament between July and December. Should there be elections in September or October, however, it could take months before a new coalition government is formed, meaning that the budget would be postponed, the minister explained.

He added that it took 100 days to form a government the last time. On Thursday, the Five Star Movement, which is part of Prime Minister Draghi’s coalition government, boycotted a no-confidence vote, with the premier offering to resign in response. However, Italy’s President Sergio Mattarella refused to accept his resignation, with Draghi’s government facing another no-confidence vote on Wednesday. Di Maio, who had been one of the Five Star Movement’s leaders but left the party last month over a row concerning arms deliveries to Ukraine, laid into his former allies, accusing them of “helping Putin’s propaganda and autocracy over democracy.”

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“..the world that started on 12 October 1492 died on 24 February 2022..”

To Hell or Not to Hell? (Batiushka)

In recent months, here and there in various Western European countries, I have seen two or three flags being flown together, the EU One Ring ‘to rule them all’, sometimes the local national flag, and beneath it the Ukrainian one. This represents Western supremacism, the Nazi ideology which proclaims the long-desired Westernisation of the Ukraine. It says that any who do not accept ‘Western values’ are to be destroyed or, as they say now, ’cancelled’ – with Western fake news, Western arms and Western death. Who are today’s aristocratic warlords, today’s Franks, Lombards, Goths, Vandals and Vikings? They are Stoltenberg, Biden, Johnson, von der Leyen, Blinken, Nuland, Kagan, Scholz, Macron and all the other knowing and unknowing neocons who fly these flags together.

The barbarians were there sacking civilisation in August 476 and in August 1914, they were there sacking civilisation in late 1492 and in early 2022. However, the world that started on 12 October 1492 died on 24 February 2022 and a new era has begun. On 14 July 2022 the Serbian President Vucic said: ‘Now the whole Western world is at war with Russia through Ukrainian intermediaries and today’s armed conflict can almost be called a world war’. ‘I know what awaits us. As soon as Vladimir Putin has finished his work in Seversk, Bakhmut and Soledar and then reaches the second line in Slaviansk-Kramatorsk-Avdeevka, he will make an offer. And if they (the West) don’t accept – and they don’t intend to – we shall take the road to hell’.

So what happens if the Western world chooses not to go to hell? What happens after the barbarians, after the final demise of the myths of ‘The West and the Rest’ and ‘The West is Best’? At the moment, the alternative is an alphabet soup of BRI, BRICS, EAEU, SCO etc. BRICS itself is becoming old-fashioned, as it may well soon be joined by Iran, Turkey, Egypt, Saudi Arabia and maybe Argentina and then, who knows? Does that make BRICSITESAA? An alternative name like ‘The Anti-West’ is purely reactive, negative and refers to the 530 years before 24 February 2022. It is especially inappropriate since the EU is clearly collapsing and it is obvious that, at the very least, countries like Serbia, Hungary (whom the EU elite wishes to expel from the EU) and Germany, if it is to survive, will be joining the to-be-renamed BRICS.

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“..there are a lot of solutions and technologies on the horizon that could make this all go away relatively quickly… just as soon as they get out of the way.”

‘Experts’ Broke The World. But They’re Rapidly Losing Power… (Black)

It’s rare to find someone, anyone, who has yet to witness, hear about, or directly experience the devastating consequences of the supposed leadership that ‘experts’ have unleashed on us over the past few years. They have engineered and mishandled crisis after crisis after crisis… The world over, from California to Sri Lanka, people everywhere are suffering from their incompetence. Western Europe is on the verge of a major energy crisis; the 4th-largest economy in the world (Germany) is dimming its street lights lights and thinking about firing up its coal power plants (previously considered UNTHINKABLE!) because they’re running out of energy. Even in Texas, which could be considered the world’s 10th-largest economy by GDP, the independent energy grid is so fragile that power companies are remotely turning down people’s home thermostats to save on energy supply.


We have also just seen a leaked hour+ video showing the ‘authorities’ in Uvalde, Texas– fully armed law enforcement professionals– ignoring the literal screams of dying children only a few dozen feet away. Instead they texted on their phones and sanitized their hands. You know, because of Covid. I guess that was the priority. All of this is an utter indictment of how pitifully our experts and authorities have betrayed us. In short, the people in charge broke the world. But the good news is that their reign of ineptitude is rapidly coming to an end.. That much is obvious. And even better, there are a lot of solutions and technologies on the horizon that could make this all go away relatively quickly… just as soon as they get out of the way.

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It’s still not moving.

Gazprom Requests Documents On Nord Stream Turbine Return (RT)

Russian state energy major Gazprom has officially asked German industrial giant Siemens to provide documents allowing the return of a crucial gas turbine, which had been stuck at the firm’s Canada factory due to sanctions. “On July 15, Gazprom officially requested Siemens to provide documents that, in spite of the current sanctions regimes of Canada and the European Union, would allow the export of a gas turbine engine for the Portovaya compressor station, a critically important facility for the [Nord Stream] gas pipeline, to Russia, and the fulfillment by the Siemens group of companies of its obligations regarding the repair and maintenance of gas turbine engines,” the statement by Gazprom read, as cited by Interfax news agency.

Gazprom warned that failure to return the turbine would jeopardise the functioning of the Nord Stream pipeline, linking Russia to Germany, and the supply of natural gas to European consumers. The Nord Stream pipeline, one of the main routes for Russian gas exports to Europe, is currently out of action due to a scheduled 10-day maintenance period. However, prior to the shutdown it had been operating at just 40% of capacity for several weeks, due to a turbine from the pipeline’s Portovaya compressor station being stuck at the Siemens facility in Montreal, where it had undergone repairs.

Canada initially refused to return the device, due to sanctions arising from the Ukraine conflict. However, after negotiations with Berlin, Ottawa earlier this week decided to allow the turbine to be shipped back. It will first travel to Germany, and from there to Russia, allowing Canada to avoid violating its own sanctions by using an indirect delivery route. The documents requested by Gazprom are necessary to facilitate the final trip of the turbine from Germany to Russia.

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Very little.

Saudi Arabia Outlines What It Will Do For Oil Output (RT)

Saudi Arabia is ready to increase oil production to its maximum of 13 million barrels per day but does not have the capacity to pump out more, Crown Prince Mohammed bin Salman said during his address at the US-Arab summit in Jeddah on Saturday. “The kingdom has announced an increase in its production capacity level to 13 million barrels per day, after which the kingdom will not have any additional capacity to increase production,” he was quoted as saying by UAE’s newspaper The National. The crown prince also said that the global community should join forces to support the global economy, but noted that unrealistic policies regarding energy sources would only worsen the situation.

“Adopting unrealistic policies to reduce emissions by excluding main sources of energy will lead in coming years to unprecedented inflation and an increase in energy prices and rising unemployment, and a worsening of serious social and security problems,” he stated. Mohammed bin Salman’s words come a day after his talks with Joe Biden, who was in Saudi Arabia on his first visit as US president, and urged the kingdom to increase oil production in order to reduce global reliance on supplies from Russia. Commenting on his trip to the kingdom, Biden said Saudi Arabia’s “energy resources are vital for mitigating the impact on global supplies of Russia’s war in Ukraine.”

Saudi Arabia, one of the globe’s largest oil exporters and the leading producer within the Organization of the Petroleum Exporting Countries (OPEC), currently pumps out more than 12 million barrels of oil per day. The kingdom previously said it plans to reach production capacity of 13 million barrels per day by 2027. The Crown Prince did not reveal whether the timeframe for the boost in capacity has changed

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“Is it any surprise that Mexico’s President Andres Manuel Lopez-Obrador want’s nothing to do with the other two knuckleheaded leaders of North America..?”

Biden Visits Saudi Arabia, Returns with an Empty Tin Cup (CTH)

Joe Biden is heading back from an embarrassing trip to Saudi Arabia and the middle east. Putting aside the fact that physically and mentally Biden looked weak, foolish, and generally incoherent, in an odd way he was appropriately representative of the current of U.S. influence on the global stage. Before getting to detail, first it is important to emphasize a point that doesn’t get attention domestically. Democrats are exceptionally weak on all aspects of foreign policy, specifically because their modern ideology is based on hypocrisy of a stunning magnitude. Domestically, the U.S. media protect democrats by spinning everything into the best light possible. However, on the world stage the non-western leaders like Putin, Xi and MbS use that hypocrisy like geopolitical ammunition.

Examples… Domestically the U.S. media do not bring up the Joe Biden Afghanistan mess, the rise -and current legitimacy- of the terrorist Taliban; or the brutal mess Barack and Hillary created in Libya; or the unauthorized intervention into Syria that created ISIS; or the complete fubar that was an illegitimate invasion of Iraq; or Hillary’s insufferable “reset” in Russia; or their inability to deal with China’s proxy province of North Korea, because they pretend it’s not; or the current circus célebrè in Ukraine. Each region, and there are many more, a typical example of how modern democrats are fundamentally weak on foreign policy. It is not just Joe Biden either; just about every leftist head of state within the alliance of “western democracies” are also pathetically impotent when it comes to influence on a global stage.

The U.K’s Boris Johnson, Canada’s Justin Trudeau, New Zealand’s Jacinda Ardern and France’s Emmanuel Macron are collectively as pathetic as Biden when it comes to leadership and influence. Once they step out of their ‘liberal democracy‘ bubble, and head into a nation that doesn’t have state run media like CNN, MSNBC, The Washington Post, Politico and/or The New York Times, those leaders look like the pathetic fools they are. Biden and the rest of the leftist heads of state decry “autocracy,” and wax philosophically about “western democratic values”, while standing atop two years of their authoritarian pandemic rules, regulations, mandates and unilateral fiats. Consider their chase for their beloved climate change energy policy and contrast it against their political pearl-clutching over the energy inflation they created.

Is it any surprise that Mexico’s President Andres Manuel Lopez-Obrador want’s nothing to do with the other two knuckleheaded leaders of North America who are selling windmills while regulating traditional oil, coal and natural gas out of existence? At a certain point, a good neighbor has to look at the duct-taped landscaping and say this is ridiculous. I digress.

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“..a 45% drop from China’s shipments of 5.5 million tonnes in the same period a year ago.”

China Issues Phosphate Quotas To Rein In Fertiliser Exports (R.)

China is rolling out a quota system to limit exports of phosphates, a key fertiliser ingredient, in the second half of this year, analysts said, citing information from the country’s major phosphate producers. The quotas, set well below year-ago export levels, would expand China’s intervention in the market to keep a lid on domestic prices and protect food security while global fertiliser prices are hovering near record highs. Last October, China also moved to curb exports by introducing a new requirement for inspection certificates to ship fertiliser and related materials, contributing to tight global supply. Fertiliser prices have been buoyed by sanctions on major producers Belarus and Russia, while surging grain prices are boosting demand for phosphate and other crop nutrients from farmers around the world.


China is the world’s biggest phosphates exporter, shipping 10 million tonnes last year, or about 30% of total world trade. Its top buyers were India, Pakistan and Bangladesh, according to Chinese customs data. China appears to have issued export quotas for just over 3 million tonnes of phosphates to producers for the second half of this year, said Gavin Ju, China fertiliser analyst at CRU Group, citing information from about a dozen producers who have been informed by local governments since late June. That would mark a 45% drop from China’s shipments of 5.5 million tonnes in the same period a year ago. [..] Other major producers of phosphates, such as widely used diammonium phosphate (DAP), include Morocco, the United States, Russia and Saudia Arabia. The surge in prices over the last year has raised concerns for Beijing, which needs to guarantee food security for its 1.4 billion people even as all farm input costs surge.

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” So it was all a sleight-of-hand: she was staying home; it’s just that she has several homes! This is how the power elite comply, one supposes..”

Dr. Birx Praises Herself While Revealing Ignorance, Treachery, and Deceit (BI)

The December 2020 resignation of Dr. Deborah Birx, White House Coronavirus Response Coordinator under Trump, revealed predictable hypocrisy. Like so many other government officials around the world, she was caught violating her own stay-at-home order. Therefore she finally left her post following nine months of causing unfathomable amounts of damage to life, liberty, property, and the very idea of hope for the future. Even if Anthony Fauci had been the front man for the media, it was Birx who was the main influence in the White House behind the nationwide lockdowns that did not stop or control the pathogen but have caused immense suffering and continue to roil and wreck the world. So it was significant that she would not and could not comply with her own dictates, even as her fellow citizens were being hunted down for the same infractions against “public health.”

In the days before Thanksgiving 2020, she had warned Americans to “assume you’re infected” and to restrict gatherings to “your immediate household.” Then she packed her bags and headed to Fenwick Island in Delaware where she met with four generations for a traditional Thanksgiving dinner, as if she were free to make normal choices and live a normal life while everyone else had to shelter in place. The Associated Press was first out with the report on December 20, 2020. “Birx acknowledged in a statement that she went to her Delaware property. She declined to be interviewed. She insisted the purpose of the roughly 50-hour visit was to deal with the winterization of the property before a potential sale — something she says she previously hadn’t had time to do because of her busy schedule.

“I did not go to Delaware for the purpose of celebrating Thanksgiving,” Birx said in her statement, adding that her family shared a meal together while in Delaware. Birx said that everyone on her Delaware trip belongs to her “immediate household,” even as she acknowledged they live in two different homes. She initially called the Potomac home a “3 generation household (formerly 4 generations).” White House officials later said it continues to be a four-generation household, a distinction that would include Birx as part of the home.” So it was all a sleight-of-hand: she was staying home; it’s just that she has several homes! This is how the power elite comply, one supposes. The BBC then quoted her defense, which echo the pain experienced by hundreds of millions:

“My daughter hasn’t left that house in 10 months, my parents have been isolated for 10 months. They’ve become deeply depressed as I’m sure many elderly have as they’ve not been able to see their sons, their granddaughters. My parents have not been able to see their surviving son for over a year. These are all very difficult things.” Indeed. However, she was the major voice for the better part of 2020 for requiring exactly that. No one should blame her for wanting to get together with family; that she worked so hard for so long to prevent others from doing so is what is at issue.

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“..Navarro rejected a plea deal offered by prosecutors in the case, proposing to drop one of the two charges and not seek more than the minimum 30-day jail time.”

Judge Questions FBI’s Aggressive Arrest Of Peter Navarro (ZH)

A federal judge has questioned why the FBI made a public spectacle out of arresting former Trump White House adviser Peter Navarro at Reagan National Airport last month, rather than simply summoning him for a court appearance. Navarro was handcuffed, denied food and water, and denied a request to phone his lawyer, as he was on his way to a speaking engagement in Nashville, Tennessee. He faces two misdemeanor contempt of Congress charges for doing exactly what Obama AG Eric Holder did (with zero consequences) – ignore a Congressional subpoena, according to Politico. Of course, Holder was held in contempt for concealing documents related to the “fast & furious” scandal, which was tied to the death of an estimated 150 Mexican civilians – while Navarro is refusing to answer House Democrats’ questions surrounding the 2020 election and the January 6th riot.

“It is curious…at a minimum why the government treated Mr. Navarro’s arrest in the way it did,” US District Court Judge Amit Mehta said during a Friday hearing on Navarro’s case. “It is a federal crime, but it is not a violent crime.” Mehta, a former federal defender, said it was puzzling that prosecutors didn’t just tell Navarro he was going to be charged and allow him to walk into an FBI office, as some white-collar defendants are permitted to do. “It is a surprise to me that self-surrender was not offered,” the judge said. However, he proposed no particular response and did not demand any explanation from prosecutors”. -Politico. The FBI has accused Navarro of making “numerous false statements” about his arrest, and said that his first request to use the phone that day was for a lawyer – rather, a TV producer about a scheduled interview.

One of his lawyers, John Rowley, suggested that the FBI’s treatment suggested “animus” toward Navarro, considering that two other Trump White House aides who similarly ignored subpoenas – Mark Meadows and Dan Scavino – were not charged (much less arrested at an airport). “Rowley also suggested Navarro had been placed in leg irons by the FBI when he was arrested, but his client clarified after the hearing that the shackles were used by deputy U.S. Marshals when he arrived at the courthouse for his initial appearance last month. The FBI agents “are responsible for those leg irons,” Navarro told reporters. It also emerged at the hearing Friday that Navarro rejected a plea deal offered by prosecutors in the case, proposing to drop one of the two charges and not seek more than the minimum 30-day jail time.” -Politico

“This is the first time in our nation’s 250-year history that a senior adviser to a president has been criminally charged for refusing to comply with a congressional subpoena,” said Rowley. “The Justice Department…has longstanding policies about not prosecuting someone criminally for this kind of situation, so I wonder, what changed?….and we intend to find out,” said defense attorney John Irving.

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“..the discussion has even opened up about a possible expulsion of Turkey from the Alliance.”

Ankara Not Likely To Accept F-16 Strings (K.)

The approval this week of a relevant amendment by the US Congress which is seen as a first step to stop the sale of new F-16 aircraft to Turkey and the upgrading of its existing ones has caused optimism in Greece that its positions are being heeded. But there are also several opposing forces at play, which are making the situation complicated. According to Dr Triantafyllos Karatrantos, an analyst at the Hellenic Foundation for European & Foreign Policy (ELIAMEP) think tank, a clearly positive development would be that any agreement to sell or upgrade aircraft to Turkey is accompanied by a strict framework stipulating good neighborly relations and avoiding provocations, disputes or engagement with third countries.

However, he expressed reservations as to whether Ankara would agree to such a restrictive framework at the current juncture. Turkish President Recep Tayyip Erdogan, he said, is in pre-election mode and with the issue of nationalism high on the agenda would not accept such an agreement. He added that it is no coincidence that Ankara, in an attempt to exert pressure on the US administration, is signaling that, just as it did not hesitate to go ahead with the Russian S-400 deal, it will not hesitate to seek another solution for the purchase of fighter jets if the prospect of buying the F-16s does not come to fruition. Meanwhile, in light of Turkey’s stance on Sweden and Finland’s NATO accession process, the discussion has even opened up about a possible expulsion of Turkey from the Alliance.

This position was put forward in a letter to the Financial Times by Mark Wallace, former US ambassador to the United Nations, and Madeleine Joelson, executive director of the NGO Turkish Democracy Project. Karatrantos points out that there is practically no mechanism for expelling a member from NATO, only a voluntary withdrawal procedure.

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China population set to be cut in half…. Nigeria, DR Congo to quadruple

 

 

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Jun 032022
 
 June 3, 2022  Posted by at 8:47 am Finance Tagged with: , , , , , , ,  36 Responses »


Carl Bloch The transfiguration c1865

 

The East Grows Stronger While The West Gets Weaker (ZH)
Zelensky Says Russia Controls A Fifth Of Ukrainian Territory (BBC)
Quo Vadis, Mr Johnson? (Batiushka)
US Engaged In “Offensive” Cyber Ops Against Russia In Ukraine: NSA Director (ZH)
Biden To Visit Saudi Arabia In Push To Lower Oil Prices And Punish Russia (G.)
Biden’s Inner Trudeau (Turley)
Arms Sent To Ukraine Will End Up In Criminal Hands, Says Interpol Chief (G.)
Voting Software Vulnerable In Some States (AP)
Bill Barr Applauds Durham For Showing Truth On Clinton Campaign, FBI (JTN)
The Decline and Fall of Davos Man (PS)

 

 

 

 

Inflation

 

 

Kat Lindley

 

 

Interesting graph. Qué pasa?

 

 

It’s like they do it on purpose.

The East Grows Stronger While The West Gets Weaker (ZH)

The latest agreement among member nations on export bans targeting Russia is largely oil focused, not natural gas focused, with the union demanding an immediate 70% decrease in Russian oil transferred BY SHIP. Oil transferred by pipeline will continue to flow into the EU for now. The ban is intended to expand to 90% of all shipborne Russian oil by the end of this year. Natural gas imports from Russia will also continue. While some European nations are more dependent on Russian energy than others, overall 40% of the EU’s needs are supplied by the country’s industry. It is not surprising that they are seeking an incremental approach to sanctions, they simply would not be able to survive another winter if they were to go cold turkey and block Russian imports completely. Of course, this does not mean that Russia has to operate on Europe’s timetable.

Russia is already reducing exports of natural gas to multiple EU countries, with Denmark, Netherlands and Germany being the latest to see losses. The EU’s ban was oil and ship focused because they cannot find an alternative source for natural gas that would resolve shortages if they banned everything. Germany in particular would be destroyed by the loss of natural gas supplies from Russia with its 42% dependency. The solutions offered by governments and in the mainstream media neglect certain realities. Namely, they claim that output can be increased or diverted to Europe to fill the gap. Joe Biden has suggested that the US is a “net exporter” of oil (this advantage has swiftly declined since he entered the White House according to the IEA) and that the US could help alleviate European demand. The IEA and OPEC members like Saudi Arabia have offered to increase market availability and output of oil if Russian exports are hit with sanctions.

The problem is that increased production is a fantasy stifled by the realities of labor shortages, increased drilling costs due to inflation and shortages in raw materials caused by supply chain disruptions. There is little chance that production capacity will ever be able to match EU demands, according to experts in the drilling industry. [..] Russia has shown considerable resilience to sanctions on oil as both China and India have increased purchases in tandem with Europe’s bans. The wider implication of this being that Europe and the West will be facing reduced global oil supplies and paying a premium while countries like China and India will be enjoying increased supplies and lower prices from Russia. The East grows stronger while the West gets weaker

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“Zelensky admits Russia now holds one-fifth of Ukraine, the largest country entirely within Europe. What he didn’t acknowledge is that Russia controls Ukraine’s industrial heartland, 90% of its energy resources (including all of offshore oil), and its critical ports and shipping.”

“BREAKING: Tribunal over Ukrainian warcrimes will be held in Mariupol. It will be called the Mariupol Tribunal. In addition to the Ukrainian Nazis who committed war crimes in Mariupol, foreign mercenaries and NATO instructors will also be tried there.”

Zelensky Says Russia Controls A Fifth Of Ukrainian Territory (BBC)

Ukraine’s President Volodymyr Zelensky says that Russian forces have seized 20% of his country’s territory, as Moscow’s invasion nears its 100th day. Addressing lawmakers in Luxembourg, he added that the front line extended for more than 1,000km (621 miles). “All combat-ready Russian military formations are involved in this aggression,” he told MPs via videolink. Russian forces have been intensifying attacks on the city of Severodonetsk in the eastern Donbas region. UK defence officials say Russia has seized most of the city and are making “steady local gains, enabled by a heavy concentration of artillery”.


Severodonetsk is the easternmost city under Ukrainian control and regional governor Serhiy Haidai said Russia was trying to break through defences in the city “from all directions”. However he said Ukrainian troops were carrying out counter-attacks, “pushing back the enemy on some streets and taking several prisoners”. Intense street-to-street fighting in the city had hampered evacuations, he said, describing such efforts as “extremely dangerous”. In a video address late on Thursday evening, Mr Zelensky said the situation in Donbas had not changed significantly that day but that Ukrainians had experienced “some success” in battles in Severodonetsk.

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“..Johnson regurgitates the old Victorian anti-Russian myths of ‘The Great Game’..”

Quo Vadis, Mr Johnson? (Batiushka)

Alexander Johnson, or to give him his full name, Alexander Boris de Pfeffel Johnson, was born to wealthy British parents in New York in June 1964, fifty years after the Sarajevo assassination in June 1914. Since 2019 Johnson has been the Prime Minister of the UK. Giving the impression of an elitist and snobbish aristocrat and distantly related to Queen Elizabeth II, he used to work as a right-wing journalist but is above all a renowned political opportunist. A man of the people he is not. Like so many other politicians, does he actually believe in anything, apart from in himself? Johnson is a biographer of his idol, the half-American Winston Churchill, whom he appears to imitate in his stoop and gait. His fawning book The Churchill Factor, clearly indicates who his model is.

He has five or six or seven children (he himself does not seem to be too sure how many he has fathered by various mothers) and enjoys drunken parties in Downing Street during and outside lockdowns. A highly divisive and controversial figure inside the UK, loved by a few and hated by most, the following quip is made about him: What is the difference between Zelensky and Johnson? Zelensky is a buffoon who became a politician, whereas Johnson is a politician who became a buffoon. More serious commentators ask the question: Is Johnson a natural buffoon, or does he just pretend to be a buffoon? Or, perhaps most likely of all, is he a natural buffoon who pretends to be an even greater buffoon? Of course, most people will admit that as regards Zelensky, he never became a politician, but remained a buffoon. But that is another story.

Despite his middle name of Boris (1), Johnson is a Russophobe to the core, as prejudiced as Sir Arthur Conan Doyle (given his title because he defended the indefensible Boer War) or any other old Imperialist. Like other blinkered representatives of the Norman-British Establishment, Johnson regurgitates the old Victorian anti-Russian myths of ‘The Great Game’ as well as the new ones. These latter include the 2006 poisoning of the British spy and traitor, Alexander Litvinenko (clearly not an act of the Russian secret services, who would have acted so as not to be identified), and the 2018 Skripal poisonings in the British Establishment military centre in Salisbury (and the subsequent censorship of the case and the father’s and daughter’s abductions carried out by MI5). These poisonings were due to a nasty substance to be found, perhaps uniquely on earth, at the highly secretive and evil Porton Down chemical weapons plant, just six miles from Salisbury. That MI5 and its SIS assassination arm (100 murders per year on average) with its many South African hirelings, could have been responsible would never be admitted by Johnson’s tiny mind.

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“..infrastructurally devastating cyberattacks..”

US Engaged In “Offensive” Cyber Ops Against Russia In Ukraine: NSA Director (ZH)

The US military has issued a stunning but perhaps not entirely unexpected admission that it has been conducting offensive cyber operations in support of Ukraine. It marks the first ever such acknowledgement, and suggests – as many observers have long suspected – a deeper Pentagon and US intelligence role in Ukraine against the Russian military than previously thought. National Security Agency (NSA) and US Cyber Command Director Gen. Paul Nakasone told the UK’s Sky News on Wednesday, “We’ve conducted a series of operations across the full spectrum: offensive, defensive, [and] information operations.” This includes “offensive hacking operations” he said.

Without offering specific details, he continued, “My job is to provide a series of options to the secretary of Defense and the president, and so that’s what I do.” Importantly, Gen. Nakasone gave the interview from allied Baltic country Estonia, from which other supporting operations including weapons transfers for Ukraine have come. He spoke of major attempts of the Russians to launch infrastructurally devastating cyberattacks on Ukraine, saying, “And we’ve seen this with regards to the attack on their satellite systems, wiper attacks that have been ongoing, disruptive attacks against their government processes.” “This is kind of the piece that I think sometimes is missed by the public. It isn’t like they haven’t been very busy, they have been incredibly busy.

“And I think, you know, their resilience is perhaps the story that is most intriguing to all of us,” he said, describing the Ukrainian response. As for support the US has given Ukraine in the lead-up to the Russian invasion, the NSA director referenced the following: Nakasone previously said his agency deployed a “hunt forward” team in December to help Ukraine shore up its cyber defenses and networks against active threats. But his latest remarks appear to be the first time that a U.S. official said publicly that the U.S. has been involved in offensive cyber operations in response to Russia’s invasion of Ukraine.

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Pick your enemies wisely.

Biden To Visit Saudi Arabia In Push To Lower Oil Prices And Punish Russia (G.)

Joe Biden will reportedly visit Riyadh later this month and meet Crown Prince Mohammed bin Salman, abandoning a campaign pledge to make Saudi Arabia “a pariah” for the murder of Washington Post columnist Jamal Khashoggi. The Riyadh trip, first reported by the Washington Post and New York Times, suggests Biden has prioritized his need to bring oil prices down and thereby punish Russia for its invasion of Ukraine, over his stand on human rights. The visit will be added on to an already planned trip to Israel, Germany and Spain. The White House said it had no new travel plans to announce, but made clear there was no barrier to Biden meeting the crown prince.

“If he determines that it’s in the interests of the United States to engage with a foreign leader and that such an engagement can deliver results, then he’ll do so,” a senior White House official said. “In the case of Saudi Arabia, which has been a strategic partner of the United States for nearly 80 years, there’s no question that important interests are interwoven with Saudi Arabia. And the President views the Kingdom of Saudi Arabia as an important partner on a host of initiatives that we are working on both in the region and around the world.” The end of the crown prince’s US isolation has looked likely since the Ukraine invasion began on 24 February. Seeking to cut off Russian revenue, Washington has sought an expansion of the global oil supply to bring down prices, which also represented a threat to already poor Democratic prospects in this year’s congressional elections.

The White House reportedly sought to set up a phone call between Biden and Mohammed in March, but was snubbed by the crown prince. However, the president’s top Middle East adviser, Brett McGurk, and his special envoy for energy issues, Amos Hochstein, have persevered in paving the way for a meeting with a string of quiet trips to Riyadh.

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“..politicians are once again ignoring what is constitutionally possible..”

Biden’s Inner Trudeau (Turley)

In our increasingly hateful and divisive politics, there are times when our nation seems incapable of coming together for a common purpose. Tragedies — moments of shared national grieving and mutual support — once were the exception. Yet one of the most chilling aspects of the aftermath of the school massacre in Uvalde, Texas, was how the moment of unity was quickly lost to political posturing. Politicians have long admitted that a crisis is an opportunity not to be missed — the greater the tragedy, the greater the opportunity. After the mass shooting at a Buffalo supermarket, New York’s Gov. Kathy Hochul (D) called for censorship to “silence the voices of hatred and racism.” After the Uvalde massacre, some Democrats renewed calls for everything from court packing to ending the Senate filibuster.

The most immediate response, however, was a call for gun bans. Vice President Kamala Harris got out front of the White House by demanding a ban on AR-15s, the most popular weapon in America. Then President Joe Biden created a stir by suggesting he might seek to ban 9mm weapons. Such calls are not limited to the United States. Canadian Prime Minister Justin Trudeau announced that his government is introducing legislation to “implement a national freeze on handgun ownership.” He said Canadians would no longer be able “to buy, sell, transfer or import handguns anywhere in Canada,” adding that “there is no reason anyone in Canada should need guns in their everyday lives.”

The difference between the push in the two countries is the existence of the Second Amendment in the United States — a constitutionally mandated “reason” why Americans are allowed to have guns; they don’t have to prove it to the government. While the White House subsequently tried to walk back his comments, Biden saying there’s “no rational basis” to own 9mms and AR-15s sounds like he’s channeling his inner Canadian.There is now a strong majority for gun control reforms. However, politicians are once again ignoring what is constitutionally possible by focusing on what is politically popular with their voting base.

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A strange difference between guns for Ukraine and guns in America.

Arms Sent To Ukraine Will End Up In Criminal Hands, Says Interpol Chief (G.)

Weapons sent to Ukraine after Russia’s invasion in February will end up in the global hidden economy and in the hands of criminals, the head of Interpol has said. Jürgen Stock says once the conflict ends, a wave of guns and heavy arms will flood the international market and he urged Interpol’s member states, especially those supplying weapons, to cooperate on arms tracing. “Once the guns fall silent [in Ukraine], the illegal weapons will come. We know this from many other theatres of conflict. The criminals are even now, as we speak, focusing on them,” Stock said.

“Criminal groups try to exploit these chaotic situations and the availability of weapons, even those used by the military and including heavy weapons. These will be available on the criminal market and will create a challenge. “No country or region can deal with it in isolation because these groups operate at a global level.” He added: “We can expect an influx of weapons in Europe and beyond. We should be alarmed and we have to expect these weapons to be trafficked not only to neighbouring countries but to other continents.” He said Interpol urged members to use its database to help “track and trace” the weapons.

“We are in contact with member countries to encourage them to use these tools. Criminals are interested in all kinds of weapons … basically any weapons that can be carried might be used for criminal purposes.” Ukraine’s western allies have sent shipments of high-end military weapons to Ukraine since the Russian invasion more than three months ago. On Tuesday, the American president, Joe Biden, announced the US would supply Kyiv with advanced missile systems and munitions. After the US pulled out of Afghanistan in 2021, following 20 years of war, huge amounts of often highly sophisticated military equipment was left behind and fell into the hands of the Taliban.

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Who wrote that headline? It’s Dominion, in 16 states!

Voting Software Vulnerable In Some States (AP)

Electronic voting machines from a leading vendor used in at least 16 states have software vulnerabilities that leave them susceptible to hacking if unaddressed, the nation’s leading cybersecurity agency says in an advisory sent to state election officials. The U.S. Cybersecurity and Infrastructure Agency, or CISA, said there is no evidence the flaws in the Dominion Voting Systems’ equipment have been exploited to alter election results. The advisory is based on testing by a prominent computer scientist and expert witness in a long-running lawsuit that is unrelated to false allegations of a stolen election pushed by former President Donald Trump after his 2020 election loss. The advisory, obtained by The Associated Press in advance of its expected Friday release, details nine vulnerabilities and suggests protective measures to prevent or detect their exploitation.


Amid a swirl of misinformation and disinformation about elections, CISA seems to be trying to walk a line between not alarming the public and stressing the need for election officials to take action. CISA Executive Director Brandon Wales said in a statement that “states’ standard election security procedures would detect exploitation of these vulnerabilities and in many cases would prevent attempts entirely.” Yet the advisory seems to suggest states aren’t doing enough. It urges prompt mitigation measures, including both continued and enhanced “defensive measures to reduce the risk of exploitation of these vulnerabilities.” Those measures need to be applied ahead of every election, the advisory says, and it’s clear that’s not happening in all of the states that use the machines.

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That’s all?

Bill Barr Applauds Durham For Showing Truth On Clinton Campaign, FBI (JTN)

Former Attorney General Bill Barr defended special counsel John Durham after the acquittal of ex-Clinton Campaign attorney Michael Sussmann, saying the prosecutor was able to shed light on the Hillary Clinton campaign’s “dirty trick” with the disproven Trump-Russia scandal and the related problems at the FBI. “No, I’m very proud of John Durham, and I do take responsibility for his appointment, and I think he and his team did an exceptionally able job, both digging out very important facts and presenting a compelling case to the jury,” Barr told Fox News host Jesse Waters on Wednesday. After Sussmann was acquitted of lying to the FBI, the jury forewoman told reporters that the case was a waste of time. “I don’t think it should have been prosecuted,” she said, according to The Washington Times.


“There are bigger things that affect the nation than a possible lie to the FBI.” Durham told Waters that while Durham “did not succeed in getting a conviction from the D.C. jury, I think he accomplished something far more important, which is he brought out the truth in two important areas. “First, I think he crystalized the central role played by the Hillary campaign in launching, as a dirty trick, the whole Russiagate Collusion narrative and fanning the flames of it,” Barr explained. “And second, I think he exposed really dreadful behavior by the supervisors in the FBI… who knowingly used this information to start an investigation of [former President Donald] Trump and then duped their own agents by lying to them and refusing to tell them what the real source of that information was,” Barr said, adding, “And that was appalling.”

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“..not a single aspect of globalization has been spared from the fallout of new geopolitical conflicts..”

The Decline and Fall of Davos Man (PS)

“Davos Man” has had a grim 14 years. The late Harvard University political scientist Samuel P. Huntington popularized the term in 2004 to describe a new overclass of evangelists for globalization. Davos Man, he claimed, wanted to see national borders disappear and the logic of politics superseded by that of the market. But since the 2008 global financial crisis, politics has increasingly trumped economics, a trend that reached its apotheosis in 2016 with Donald Trump’s election in the United States and the Brexit referendum. Both events represented a backlash against Davos Man’s vision of a frictionless world governed (not run) as efficiently as possible by “multi-stakeholder processes.”

Moreover, at this year’s annual gathering in Davos, attendees had to confront an even bigger challenge than national politics: the return of geopolitics. The World Economic Forum’s theme was “History at a Turning Point,” in recognition of the fact that we have reached the end of the “end of history.” Although the WEF’s ethos is to promote cooperation in the pursuit of “one world,” the new agenda is necessarily focused on conflict and division. Russian President Vladimir Putin’s war of aggression on Ukraine obviously loomed large at this year’s meeting. To open the event, Ukrainian President Volodymyr Zelensky – appearing virtually in his now familiar military fatigues – spoke of a world split along the fault lines of fundamental values. And Russia House, the facility where Russian delegations hosted parties and networking events in years past, was transformed by Ukrainian activists and donors into the Russian War Crimes House, with an exhibition calling attention to Russian atrocities in Ukraine.

After browsing this year’s program, it soon became clear that not a single aspect of globalization has been spared from the fallout of new geopolitical conflicts – between Russia and the West, China and the West, China and its neighbors, and so forth. Instead of panels discussing free-trade agreements, there were multiple sessions on economic warfare. Political and business leaders grappled with the fact that we now live in a world where central-bank reserves can be confiscated, commercial banks can be summarily disconnected from the SWIFT international payments system, and private assets can potentially be seized to pay for a country’s reconstruction.

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Fertilization
https://twitter.com/i/status/1532366041115938816

 

 

Crazy dog
https://twitter.com/i/status/1385955664506150913

 

 

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Mar 302022
 


Pablo Picasso The artist and his model 1926

 

Ukraine SitRep – Part II Of Russia’s Military Operation Unfolds (MoA)
Col Douglas Macgregor’s Updated Opinion on Ukraine-Russia Conflict (CTH)
Russia, Ukraine & the Law of War: Crime of Aggression (Ritter)
US Top Commander In Europe Forced To Rebut Latest Biden Remarks
You Will Pay In Rubles! No? (Denninger)
Why Saudi Arabia Won’t Abandon Dollars for Yuan (Lacalle)
America Is Dismantling The Pillars Of Its Own Empire – Saudi Editor (JPost)
Ontario Cop Charged For Posting Video Praising Truckers (TC)
Miranda Devine: ‘Dam Is About To Burst’ On Hunter Biden Scandal (Fox)
CIA Officer Who Signed Hunter Laptop Letter Claims Credit for Trump Loss (ET)
Obama, Hunter Biden Ties To Ukraine Biolabs Get Fresh Scrutiny (JTN)
Biden Got 255,000 ‘Excess’ Votes In Fraud-tainted Swing States In 2020 (WT)
Democrats Push Garland To Come Down On Uncooperative Trump Allies (Axios)

 

 

 

 

Turley
https://twitter.com/i/status/1509017039301660674

 

 

• “One U.S. official said they do not believe the reports of the Russian billionaire Roman Abramovich was poisoned during peace talks in Ukraine. ”

• “This Bellingcat/WSJ poisoning story has got to be one of the biggest disinformation fails of the entire Ukraine war. Within a few hours it was denied by the U.S., Russia, Ukraine and by the fact that Abramovich himself was fine attending the peace talks in Turkey.”

 

• “Two anonymous US officials trying to subvert ceasefire negotiations between Ukraine and Russia. One tells CNN they are worried EU countries will “press Ukraine to accept a peace deal to end the fighting.”

 

 

Ukraine no longer has an army. What few units are left are encircled and fully isolated from each other.

Ukraine SitRep – Part II Of Russia’s Military Operation Unfolds (MoA)

Overview: The Russian military operation in Ukraine began with a rather small force of some 150.000+ men against a much larger (including reservist and territorial forces) Ukrainian force of some 400.000. The Russian force used maneuver warfare to fix the larger Ukrainian forces into place. It attacked on a large front and threatened major population concentrations, i.e. cities. The Russian operations started with the destruction of the Ukrainian command and control network. Over the last four weeks the Ukrainian navy, its airforce, its radars and air defenses and a huge number of its armored vehicles were destroyed. Throughout the last week fuel depots all over the Ukraine were attacked and destroyed over night. Ukraine’s large ammunition depots are gone.

Military production and repair facilities have likewise been destroyed. The Ukraine is no longer able to move large numbers of troops between the various fronts. Its army has lost its mobility. While this was ongoing threats to Kiev, Odessa and other large Ukrainian cities have held significant numbers of Ukrainian troops in place and prevented reinforcements to move to the east. There units from the Donetsk and Luhansk republics attacked the 60,000 strong main force of the Ukrainian army to keep it in place. This allowed Russian forces from Crimea and from the Russian border in the north to move into positions that will now enable them to envelope the east.

Details: 1/ The move east and west of Kiev was, as I have said for a while, a feint to fix mobile Ukrainian units around their capital city. The feint is no longer needed as the Ukrainian army has now lost its mobility. The Russian troops around Kiev and Chernigov will be mostly withdrawn probably up to Chernobyl where a part of them may take defensive positions while most of the units deployed around Kiev will be moved back to Belarus and Russia for new operations in eastern Ukraine.
2/ Fighting around Kharkiv is ongoing. Ukrainian counterattacks on that front have failed and the next phase of the war will see increased activities there.
3/ The move on the west side of the Dnjepr river towards the important industrial area of Kryvyi Rih and on to Dnipro has been relatively slow. The move on the eastern side of the Dnjepr towards Dnipro has been at the same speed. Note that the western and eastern parts of those fronts are at the same level. They are well coordinated. The next phase will probably see more movement on the eastern side of the river.
4/ There are still a few pockets of Azov fighters in Mariupol with the main units encircled in the vast Azovstal steelworks. They have little food and ammunition and the Chechen unites of the Russian army and national guard are working to dig them out. The Russian forces that encircled and stormed Mariupol are now freed up and will be moved to attack further north.
5/ Ukrainian forces at Mykolaiv have attempted counterattacks in the direction of Kherson. These have failed.

Prospects: The Russian command has decided to now concentrate on enveloping and destroying Ukraine’s main forces at the Donetsk front. These are the most heavy equipped and most experienced units of the Ukrainian army. Since last fall some 60,000 men had been assembled there for a full fledged war on Donetsk, an attack that the Russian operation successfully preempted. It will probably take a few days for the Russian forces to regroup and resupply for that next phase of the war. I expect it to start around the end of this week. The U.S. and Polish military are helping to smuggle small arms stuff through the western Ukrainian boarder. These are anti-tank missiles, old short range anti-air missiles as well as machine guns, mortars and ammunition.

This is equipment for a guerilla war against an occupation force. But except for the east and maybe some parts in the south the Russian forces do not plan to occupy anything. Those regions are steppe, very flat with little woods, where one can see an approaching enemy from miles away. It will be extremely difficult for a guerilla force to survive there. That is likely the reason why the Russian forces have done little to interrupt the arms smuggling into western Ukraine. (Those smuggled weapons will for years haunt the ‘western’ Europeans as they are certain to proliferate to right-wing extremist groups all over the continent.)

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Voice of reason.

Col Douglas Macgregor’s Updated Opinion on Ukraine-Russia Conflict (CTH)

Col Douglas Macgregor appears for an interview with Dave Smith on his “Part Of The Problem” podcast. Col Macgregor gives his status update on the Ukraine and Russian military along with some excellent background information on the U.S. cultural issues which are driving the U.S. position. Additionally, Macgregor overlays the economic battle both domestically and geopolitically with the currency war and talks about economic repercussions for the U.S., NATO countries, Ukraine and Russia. As noted by Macgregor when the Biden administration turned favorably toward Iran the Saudis immediately realized it was in their best interest to withdraw strategic support for the U.S. It’s a good interview that goes into much more depth than the average media appearance, and permits discussion of multiple facets of the conflict in/around Ukraine. The video is prompted to begin at 17:34 when the Ukraine discussion begins.

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Ukraine history started on Feb 24. That is convenient for the West.

Russia, Ukraine & the Law of War: Crime of Aggression (Ritter)

Concerns that any attempt to carve a doctrine of pre-emption out of the four corners of international law defined by Article 51 of the U.N. Charter would result in the creation of new rules of international engagement, and that that would result in the breakdown of international order were realized on Feb. 24. That is when Russian President Vladimir Putin, citing Article 51 as his authority, ordered what he called a “special military operation” against Ukraine for the ostensible purpose of eliminating neo-Nazi affiliated military formations accused of carrying out acts of genocide against the Russian-speaking population of the Donbass, and for dismantling a Ukrainian military Russia believed served as a de facto proxy of the NATO military alliance.

Putin laid out a detailed case for pre-emption, detailing the threat that NATO’s eastward expansion posed to Russia, as well as Ukraine’s ongoing military operations against the Russian-speaking people of the Donbass. “[T]he showdown between Russia and these forces,” Putin said, “cannot be avoided. It is only a matter of time. They are getting ready and waiting for the right moment. Moreover, they went as far as aspire to acquire nuclear weapons. We will not let this happen.” NATO and Ukraine, Putin declared, “did not leave us [Russia] any other option for defending Russia and our people, other than the one we are forced to use today. In these circumstances, we have to take bold and immediate action. The people’s republics of Donbass have asked Russia for help. In this context, in accordance with Article 51 of the U.N. Charter, with permission of Russia’s Federation Council, and in execution of the treaties of friendship and mutual assistance with the Donetsk People’s Republic and the Lugansk People’s Republic, ratified by the Federal Assembly on February 22, I made a decision to carry out a special military operation.”

Putin’s case for invading Ukraine has, not surprisingly, been widely rejected in the West. “Russia’s invasion of Ukraine,” Amnesty International declared, “is a manifest violation of the United Nations Charter and an act of aggression that is a crime under international law. Russia is in clear breach of its international obligations. Its actions are blatantly against the rules and principles on which the United Nations was founded.”

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“When initially asked Monday about this “training the Ukrainian troops” remark, Biden offered the dubious explanation that he was actually referencing he himself “being with and talking with the Ukrainian troops who are in Poland.”

US Top Commander In Europe Forced To Rebut Latest Biden Remarks (ZH)

In yet another awkward contradiction out of this US administration concerning Ukraine, which at this point seems to come almost daily, the head of US European Command was forced to issue a contrary explanation after Biden on Monday said multiple times that US forces are “helping train” Ukrainian troops in Poland. This triggered a rebuttal of the US Commander-in-Chief from Gen. Tod Wolters, who also serves as NATO’s supreme allied commander in Europe. On Tuesday Gen. Wolters denied that the US is currently training Ukraine forces in Poland. “I do not believe that we are in the process of currently training military forces from Ukraine in Poland,” the top general told a Senate Armed Services Committee hearing. He said further according to The Hill when pressed on Biden’s series of statements, which the White House had later sought to downplay as gaffes and merely lacking in nuance:

“There are liaisons that are there that are being given advice,” Wolters told Sen. Tom Cotton (R-Ark.), without elaborating further. “And that’s different than [what] I think you’re referring to with respect training.” But again, as we detailed earlier, Biden had actually asserted that American forces were training Ukrainians in Poland multiple times, strongly suggesting this was anything but “confusion” or a mere gaffe on the president’s part… National security adviser Jake Sullivan previously stated that the US currently has 10,500 troops in Poland, some of which the president visited over the weekend. Across Europe, Washington has bolstered its presence to the tune of 100,000 total troops. The U.S. has 10,500 troops in Poland as part of the 100,000 total that it has stationed across Europe, told reporters.

When initially asked Monday about this “training the Ukrainian troops” remark, Biden offered the dubious explanation that he was actually referencing he himself “being with and talking with the Ukrainian troops who are in Poland.” But it remains that not only his own advisers have had to offer repeat corrections, but now even the US head of European Command in Senate testimony. This goes beyond an awkward situation, but even into the realm of dangerous, given many of these walked-back remarks serve as a huge provocation to Russia (especially Saturday’s regime change statement fiasco from Warsaw).

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Cut off date is tomorrow.

“Since the imposing parties of said sanctions include the recipients of the gas this is legally and functionally the same as agreeing to pay $50,000 for a car and then getting in it and driving away after putting a stop payment order on the check.”

You Will Pay In Rubles! No? (Denninger)

“BERLIN — The Group of Seven major economies have agreed to reject Moscow’s demand to pay for Russian natural gas exports in rubles, the German energy minister said Monday. Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts.” He said officials from France, Germany, Italy, Japan, the United States, the United Kingdom and Canada met Friday to coordinate their position and that European Union representatives also were present.” So what? It was also a breach of “contract” to seize property and money of both Russia and private citizens who happen to be Russian, the latter in particular being done without evidence presented that a crime has been committed for which such a forfeit is reasonably tied to the alleged crime.

I get it that nation states often thing of contracts and private property rights as “quaint”, say much less a basic right to life. After all war, by its nature, vitiates all such claimed pleasantries. The very nature of war means that once you take sides expecting anyone on the other side to do anything for you is rather foolish. This is the price that is exacted when you extend the concept of “trade blunting the will to use bullets” into not just voluntary associations but essential goods and services where you have no reasonable substitutes available. Of course the G7 nations can refuse to pay for their gas in Rubles and argue that such a demand is a unilateral breach of the agreements made with Russia.

However, the sanctions are a unilateral and prior breach of the same agreements by the G7, since the G7 agreed to pay for said gas, and with the sanctions in place the payment cannot be made. Since the imposing parties of said sanctions include the recipients of the gas this is legally and functionally the same as agreeing to pay $50,000 for a car and then getting in it and driving away after putting a stop payment order on the check. In the common vernacular that’s fraud. Nobody is going to let you get away with that if they can help it and, if you manage to get away with it once the second time you won’t get the car until you prove you can deliver to the other party good funds for both the new and the previous vehicle you stole by conversion.

Thus while Germany and other nations can refuse to pay in Rubles it is equally true that by breaching the covenant implied in all commercial transactions to deliver good funds in exchange for the good or service, which the G7 has done, the contract has been vitiated by the G7 and, in point of fact, Russia has delivered natural gas without being paid for the last month. There’s no reason for them to continue to do that and thus it is entirely reasonable for them to shut the pipelines down until the sanctions are lifted and every single Dollar or Euro due for the previously-delivered volume is safely in Russia and available for use. Just because Putin is a bastard doesn’t mean that, on this matter, he is not correct.

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Repeat.

Why Saudi Arabia Won’t Abandon Dollars for Yuan (Lacalle)

There are numerous articles mentioning that Saudi Arabia may use the yuan, China’s domestic currency, for its oil exports. How much does Saudi Arabia export to China? According to the Organisation of Economic Co-operation and Development, the kingdom’s main exports are to China ($45.8B), India ($25.1B), Japan ($24.5B), South Korea ($19.5B), and the United States ($12.2B). Exports of crude oil reached $145 billion in total. Saudi Arabia is the world’s largest oil exporter at $145 billion, and China the largest buyer at $204 billion, with 2019 figures. Saudi Arabia’s public accounts are exemplary. From a 4.8 percent deficit, the kingdom expects a surplus in 2022, and its ratio of public debt to GDP (gross domestic product) is 30.8 percent, one of the lowest in the world.

Does Saudi Arabia need to use the yuan at all? No. Its foreign currency reserves including gold stood at $472.8 billion in 2020 despite the pandemic-led slump in exports and oil demand. Is it under any pressure to change currency? Even less so. Its reserves comfortably cover its external debt, giving it an enviable level of stability compared to other OPEC (Organization of the Petroleum Exporting Countries) nations that have large trade and fiscal deficits. What would Saudi Arabia gain from using the yuan? Not higher exports to China. China needs its oil imports more than Saudi Arabia needs China’s domestic currency. There is no real evidence that exports to China would fall if Saudi Arabia continued to use the US dollar.

Yuan utilization in global transactions is very limited. Considering figures compiled by the Society for Worldwide Interbank Financial Telecommunications, Bloomberg noted that “activity in the renminbi, as the currency is also called, rose to its second-highest level ever in 2021.” However, that means a stubbornly modest 2.7 percent of the market versus the 41 percent of the dollar, which has held the top slot for decades. The euro is used in 36.6 percent of global transactions, the British pound in 5.9 percent—more than double the use of the yuan despite the United Kingdom’s being a much smaller economy—and the Japanese yen is used as much as the yuan at 2.6 percent.

More importantly, despite the large increase in importance of the Chinese economy globally, the yuan’s importance as a currency has barely improved from its high in 2015, when it reached the fourth spot. Why is the yuan only used in 2.7 percent of global transactions despite being 14 percent of the world’s GDP, and what happened in 2015? The yuan is the only currency issued by a global economic leader that has capital controls and fixed pricing. As such, any holder of the Chinese currency faces the constant threat of an abrupt devaluation and the inability to use the currency freely in payments. And that is exactly what happened in 2015. The Chinese central bank announced an aggressive devaluation.

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Iran. Saudi and Israel vs US.

America Is Dismantling The Pillars Of Its Own Empire – Saudi Editor (JPost)

The Saudi-US relationship is in the throes of a crisis. As a Saudi who went to college in the US, loves America and wants to see it strong, I am increasingly disturbed by the unreality of the American discussion about the subject, which often fails to acknowledge just how deep and serious the rift has grown. A more realistic discussion should focus on one word: “Divorce.” When President Barack Obama negotiated the nuclear deal with Iran, we Saudis understood him to be seeking the breakup of a 70-year marriage. How could we not? After all, the flaws in the deal are well known. It paves a path for Iran to a nuclear bomb. It fills the war chest of Iran’s Islamic Revolutionary Guard Corps, which has spread militias across the Arab world armed with precision-guided munitions to maim and kill people who formerly looked to America to help guarantee their safety.

This past weekend, Secretary of State Antony Blinken joined a conference in the Negev, hosted by Foreign Minister Yair Lapid and attended by a number of Arab foreign ministers. Blinken used this occasion to paper over the rift that the nuclear deal has created by presenting an image of regional solidarity, but the region is not deceived. Sold disingenuously to the American public as an arms control agreement, the deal is an assault on the regional order that the United States established in the aftermath of World War II. Explicitly hostile to Saudi Arabia, to say nothing of America’s other greatest ally in the region, Israel, the deal replaces the former American-led regional security structure with a concert system in which Iran, backed by Russia and China, becomes America’s new subcontractor while America’s former allies—the Gulf States and Israel— are demoted to second-tier status.

Most importantly, to its authors, the deal takes the United States out of the business of containing Iran, which in response has further ramped up its attacks on regional peace and stability. Last Friday, as Blinken prepared for his trip to David Ben Gurion’s old kibbutz of Sde Boker, the Iranian-backed Houthi militia launched a rocket attack against Aramco in Jeddah. This attack was only the latest in a long series of brazen attacks that Iran has conducted, either directly from its own soil or indirectly through proxies. During the Obama and Biden administrations, Iran’s aggressions have been met with American calls for “de-escalation” and frequent blaming of the Kingdom for a conflict we did not seek with terrorists on our borders backed by Iran — a foreign power which the Biden administration is promising to enrich with hundreds of billions of dollars in sanctions relief. Russia will also get a cut, which will no doubt go towards funding its war in Ukraine.

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If the Jan 6 committee can claim insurrection, so can Justin.

Ontario Cop Charged For Posting Video Praising Truckers (TC)

A Durham police officer who posted a video of herself speaking in support of the Freedom Convoy as it headed towards Ottawa is now facing charges under Ontario’s Police Services Act. Durham Regional Police Service (DRPS) had originally announced they were investigating Constable Erin Howard in January after she posted the 1-minute video to a now-deactivated Twitter account. DRPS spokesperson Chris Bovie confirmed to True North on Tuesday that Howard is now charged under the Police Services Act with two counts each of discreditable conduct, insubordination and breach of confidence. Howard appeared in full uniform in the video on Jan. 24, the same day the Freedom Convoy’s western fleet headed through Alberta. In it, she called the truckers “true heroes” and said she would be in Ottawa to speak when they arrived.


“I’m just – I really wanted to give a shout-out to all the truckers. I think what you guys are doing is incredible. You’re fighting for rights and freedoms. And right now, it feels like we’re a little bit at war, and those rights and freedoms are at stake. So, you guys are honestly true heroes. What you’re doing is just incredible. I will be in Ottawa when you guys roll in. I’m going to be speaking on behalf of Police on Guard. And we are thrilled – thrilled and honoured – to be able to be there. I can’t wait to meet you guys. Hope to talk to a lot of you in person. Anyway, just wanted to give you guys a shout-out and some support, and keep rolling, and we’ll see you in Ottawa.”

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Let’s hope for transparency.

Miranda Devine: ‘Dam Is About To Burst’ On Hunter Biden Scandal (Fox)

Fox News contributor Miranda Devine reacted on “Outnumbered” Tuesday to the federal tax probe into Hunter Biden’s foreign business dealings gaining momentum as some media outlets begin to acknowledge the “bombshell” controversy surrounding his infamous laptop. MIRANDA DEVINE: That’s just another extraordinary mistruth from President Biden there. He did that throughout the campaign. He pretended that he knew nothing about his son Hunter’s overseas business dealings. There’s plenty of evidence on the laptop and Tony Bobulinski’s material and the material that Chuck Grassley and Ron Johnson collected for their Senate investigation and are currently presenting to Congress — and I think they’re going to be doing that on a regular basis, to show links between Hunter Biden and Communist China.


There’s also evidence that Joe Biden financially benefited from Hunter Biden’s grift and his brother, Jim Biden’s grift, with these countries which are crucial to America’s national security interest. The lack of curiosity from most of the media is repellent and really corrupt. But I think the dam is about to burst. We have Hunter Biden looking at indictments coming out of that a grand jury in Delaware. You see The New York Times and The Washington Post are now sniffing around. They’ve admitted the laptop is real, and they have realized this is a bombshell story.

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“I take special pride in personally swinging the election away from Trump..”

CIA Officer Who Signed Hunter Laptop Letter Claims Credit for Trump Loss (ET)

One of the former CIA officers who signed a letter claiming stories about a laptop allegedly belonging to Hunter Biden were disinformation says he helped swing the 2020 election from former President Donald Trump. “I take special pride in personally swinging the election away from Trump,” John Sipher, who served for decades as a senior operations officer at the CIA, wrote in a recent post on Twitter. “I lost the election for Trump? Well then I fell [sic] pretty good about my influence,” he also wrote. Sipher and 50 other former U.S. intelligence officials signed the letter on Oct. 19, 2020, alleging that the effort to distribute its contents “has all the classic earmarks of a Russian information operation,” despite not knowing whether the laptop was legitimate.

The letter was the core of a story from Politico that claimed the New York Post story on the laptop was “Russian disinformation.” The Post was the first to report on emails on the laptop, which was dropped off at a computer repair store and never picked up by then-candidate Joe Biden’s son, according to the store’s owner. While the FBI picked up the computer and a hard drive from the owner, the bureau’s apparent inaction in probing the matter prompted him to pass on a copy of the hard drive to a lawyer representing former New York City Mayor Rudy Giuliani, who in turn passed it on to the Post.

The Oct. 14, 2020, story about the emails came as some voters were still deciding whether to vote for Biden or Trump. The story was widely questioned by legacy news outlets, suppressed by social media platforms, and claimed to be part of a Russian effort, despite top officials like Director of National Intelligence (DNI) John Ratcliffe saying there was no evidence that was the case. Sipher is one of the few former officials who signed the letter to respond to fresh questions about its contents, after more legacy outlets, including Politico, said they’ve confirmed it is legitimate. Sipher got into arguments with former acting DNI Richard Grenell and others on Twitter, where he later said his claims of helping Trump lose were sarcasm.

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The pot and the kettle. Difference is, the US does it in third countries.

Obama, Hunter Biden Ties To Ukraine Biolabs Get Fresh Scrutiny (JTN)

In August 2005, the U.S. entered into a little known agreement with Ukraine that included America aid to upgrade security at Ukrainian facilities in which microbes were kept. Now, almost 17 years later, questions about the deal – and the United States’ broader support for biodefense laboratories in Ukraine – have surfaced amid concerns about chemical or biological weapons being used in Russia’s invasion of Ukraine. The Russian government has been claiming for weeks that the U.S. government is funding bioweapon labs in Ukraine, justifying its invasion as an effort to stop a joint American-Ukrainian plan to wage biological warfare against Russia. Chinese officials and state media have echoed the claims, which Andrew Weber, senior fellow at the Council on Strategic Risks, calls “utter nonsense.”

“It’s KGB-style misinformation that’s been going on for about 15 years,” he said Monday. One concern among analysts and U.S. officials is that Russia could be laying the groundwork for using chemical or biological weapons in Ukraine and giving itself plausible deniability by blaming Ukrainian labs. Experts and U.S. officials agree with Weber that Moscow’s accusations are unfounded, roundly dismissing them as propaganda. “Russia is inventing false pretexts in an attempt to justify its own horrific actions in Ukraine,” State Department spokesperson Ned Price said earlier this month. Others have pointed out that no evidence exists to show Ukraine is working to produce weapons of mass destruction. Director of National Intelligence Avril Haines testified earlier this month that “we do not assess that Ukraine is pursuing either biological weapons or nuclear weapons.”

United Nations High Representative for Disarmament Affairs Izumi Nakamitsu similarly said the international group is “not aware” of any biological weapons program in Ukraine. The U.S. and Ukraine are members of the Biological Weapons Convention, which prohibits such weapons. And the U.S. government has said both countries are in full compliance. Russia, however, is not in compliance and “maintains an offensive biological weapons program,” according to the State Department. Weber told Just the News the Russian government has three top-secret military laboratories conducting work on biological weapons that have never been visited or observed by outside inspectors.

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But you can’t talk about it.

Biden Got 255,000 ‘Excess’ Votes In Fraud-tainted Swing States In 2020 (WT)

President Biden received hundreds of thousands of “excess” votes in Democratic-controlled areas in the 2020 election, according to an academic study on voter fraud that suggests the push to relax voting standards created new opportunities for electoral mischief. John R. Lott Jr., the man behind the research, teased out those numbers by comparing Democratic-dominant areas to Republican-dominant places over the past two presidential elections, particularly in places where claims of election fraud were reported in 2020. Looking at six swing states, the data he crunched found that voter turnout in Republican areas increased from 2016 to 2020 while voter turnout among Democrats dropped — except in places where voter fraud was claimed.

That accounted for 255,000 “excess” votes for Mr. Biden above what would be expected, Mr. Lott said. His paper has been accepted for publication in Public Choice, a peer-reviewed journal specializing in the intersection of economics and political science. “More heavily Democratic counties actually had a slightly lower turnout in 2020, except for counties where vote fraud was alleged. In those counties, you had a huge increase in turnout,” Mr. Lott told The Washington Times in an interview explaining his findings. “In some of those swing states, you had counties where vote fraud was alleged. In some of those swing states, you had counties where vote fraud wasn’t alleged. And yet you only had huge increases in turnout where vote fraud was alleged,” he said.

Taking another tack, Mr. Lott looked at specific voting precincts that touched each other but where one was inside a Republican-dominant county and the other inside a Democratic-leaning county where there were fraud accusations. He found that in-person voting for the neighboring precincts was about the same, but absentee or mailed balloting tilted toward Democrats in the Democratic precincts. Mr. Lott said there is no clear reason why absentee turnout alone should increase in just the Democratic jurisdiction, which suggests shenanigans were afoot. “You’re comparing two tiny areas that are very homogenous, very similar to each other, across the street from each other, and the thing that differs from these two, for the absentee ballots, is where the ballots were counted,” the researcher said.

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“I told you I would not tell the Justice Department what position to take or not take, and I’m not going to instruct the Congress, either..”

Democrats Push Garland To Come Down On Uncooperative Trump Allies (Axios)

Democratic lawmakers are openly pressuring Attorney General Merrick Garland to bring the weight of U.S. law enforcement against members of former President Trump’s inner circle they’ve deemed uncooperative with the House’s investigation of the Jan. 6 attack. The House select committee is seeking to compel or punish Trump loyalists who don’t comply with the investigation, while Republicans are preparing to win back control of Congress in November — and end the probe. The pressure campaign is putting President Biden on a collision course with his own party. Distinguishing himself from Trump, who Democrats lambasted for pressuring Justice Department officials during his White House years, Biden has pledged to ensure Garland operates independently of politics. “I told you I would not tell the Justice Department what position to take or not take, and I’m not going to instruct the Congress, either,” he told reporters on Monday.

During a meeting Monday night at which the select committee recommended House contempt votes against former Trump aides Dan Scavino and Peter Navarro, Reps. Elaine Luria (D-Va.), Zoe Lofgren (D-Calif.) and Adam Schiff (D-Calif.) all called on Garland to act. Luria said the Justice Department “must act swiftly,” adding: “Attorney General Garland, do your job so that we can do ours.” On Tuesday Schiff told reporters it’s important for the Justice Department to act quickly and decisively to enforce the committee’s prerogatives because “we’re trying to prevent another Jan. 6. … We feel a sense of urgency and we hope the department does also.” Schiff said the cases against Navarro and Scavino are “pretty clear cut,” so “it shouldn’t be that difficult for the department to act.”

Rep. Bennie Thompson (D-Miss.), who chairs the select committee, was asked Tuesday about committee members’ frustrations with the Justice Department’s pace. He replied: “I’m in agreement with my members.”

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Mar 092022
 


Salvador Dali The ghost of Vermeer of Delft which can be used as a table 1934

 

Ukraine Crisis Is Unleashing ‘Hell On Earth’ For Food Prices (BBC)
What Is Going On In Negotiations Between Russia And Ukraine? (JPost)
Sanctions On Russia Will Strengthen Putin’s Grip (Ehrlich)
The Casualties of Empire (Lawrence)
Ukraine and the Global American Empire (Eugyp)
China, Big Tech, Big Pharma and Elites – The Four Horsemen (Angelova)
Saudi, Emirati Leaders Decline Calls With Biden During Ukraine Crisis (WSJ)
Biden’s US Oil Embargo (WSJ)
Spike Protein Fibrosis Syndrome (Chesnut)
Now Let’s Do the US Oligarchs (Eskow)
Iran Plots To Assassinate Bolton, Biden Admin Resists Public Indictments (DW)
Where’s The Outrage Over Trudeau’s Trip To Britain? (Stannus)
The Longtime ‘Zelig’ of American Scandals Who ‘Crossfired’ Trump (RCI)
How the Senate is Poised to Codify Censorship of Social Media (Turley)

 

 

 

 

UFC

 

 

 

 

Oliver Stone, Nuland, Robert Parry, Yanukovich

 

 

The Monastiraki kitchen is keeping a close eye on what happens with food prices, of course. When you make 5-600 meals per week, you have to. Predictions of quadrupling prices make us nervous. We would like to store more food, while it’s still affordable, but the space we have for that must first be renovated. That will cost so much, however, that I said we cannot afford to take the money away from buying food. It’s too risky right now. I’ll write an article on it soon, as we know more details.

Ukraine Crisis Is Unleashing ‘Hell On Earth’ For Food Prices (BBC)

The head of the World Food Programme, David Beasley, has warned the conflict in Ukraine could send global food prices soaring, with a catastrophic impact on the world’s poorest. Ukraine and Russia are both major exporters of basic foodstuffs, and the war has already hit crop production, driving up prices Mr Beasley said it was putting more people at risk of starvation worldwide. “Just when you think hell on earth can’t get any worse, it does,” he said. Russia and Ukraine, once dubbed “the breadbasket of Europe”, export about a quarter of the world’s wheat and half of its sunflower products, like seeds and oil. Ukraine also sells a lot of corn globally. Analysts have warned that war could impact the production of grains and even double global wheat prices.


Mr Beasley told BBC World Service’s Business Daily programme that the number of people facing potential starvation worldwide had already risen from 80 million to 276 million in four years prior to Russia’s invasion, due to what he calls a “perfect storm” of conflict, climate change and coronavirus. He said certain countries could be particularly affected by the current crisis, due to the high proportion of grains they currently import from the Black Sea region. “The country of Lebanon, 50%, give or take, of their grains, come from Ukraine. Yemen, Syria, Tunisia – and I could go on and on – depend on the country of Ukraine as a breadbasket,” he said. “So you’re going from being a breadbasket to now, literally, having to hand out bread to them. It’s just an incredible reverse of reality.”

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“Kyiv has not shared with the West what has been going on in the negotiations since they do not want to damper the worldwide sense of emergency.”

What Is Going On In Negotiations Between Russia And Ukraine? (JPost)

Three days after Prime Minister Naftali Bennett’s meeting with Russian President Vladimir Putin in Moscow, the details are beginning to emerge. According to people who were privy to details about the meeting, the current situation is that Russia has offered a “final” version of its offer to end the crisis, which Ukrainian President Volodymyr Zelensky needs to accept or decline. The proposal was deemed “difficult” but not “impossible,” the sources said. It is worse than what Zelensky would have gotten before the invasion but “the gaps between the sides are not great.” Putin ordered his forces to halt – and the command for a ceasefire to be enacted was given – in order to wait for Zelensky’s decision, the sources said. If Ukraine’s president rejects the proposal, French President Emmanuel Macron’s assumption that “the worst is before us” is prone to happen.

In that scenario, Putin will order his army to put the pedal to the metal and change the face of Ukraine. Zelensky is torn, the sources said. On the one hand, he is enjoying immense popularity and has become the perfect Che Guevara. On the other hand, he knows full well what the Argentinian revolutionary and guerrilla leader’s end was. Zelensky can fortify Ukraine’s independence but will have to pay a heavy price, the sources said. Assumptions are that he will be forced to give up the contested Donbas region, officially recognize the pro-Russian dissidents in Ukraine, pledge that Ukraine will not join NATO, shrink his army and declare neutrality. If he declines the proposal, the outcome may be terrible: thousands, perhaps tens of thousands of Ukrainians will die and there is a high probability that his country will completely lose its independence.


According to the sources knowledgeable about the content of the talks, Bennett’s trip to Moscow was not meant to mediate between the sides and no arbitration proposal was officially offered. Rather, the trip was meant to get a sense of what Putin’s position was, what his state of mind was and what his redlines were, and report them to the West. The real negotiations, according to the sources, are happening directly between Russia and Ukraine and are much more serious than what the West has been saying. Kyiv has not shared with the West what has been going on in the negotiations since they do not want to damper the worldwide sense of emergency. In reality, however, the Ukrainians know full well what Putin’s demands are and they know they will have to make a dramatic decision in the coming days.

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Thread.

“Some Russians I know who had favorable opinions of the West now feel like they are *personally* under attack. They resent being the targets of economic warfare.”

Sanctions On Russia Will Strengthen Putin’s Grip (Ehrlich)

The West thinks sanctions are hurting Putin. They have it backwards: His power inside Russia is surging. A thread on what analysts are getting so wrong. Objectively, Putin’s poll numbers have improved since the lead-up to and onset of the war. This was predictable; a “rally ’round the flag” effect is common for wartime president. In less than 2 weeks, his approval rating spiked 10 points from 61% to 71%. Image Many in the West are predicting that this effect will be short lived. Analysts think that Russians will sour on Putin if the economic situation in the country continues to worsen. But there’s a gaping hole in their theory: Russians don’t think the war was Putin’s fault. This is difficult for people in the West to understand.

Here, we see the invasion of Ukraine as a war of choice. In Russia, the average citizen sees the conflict as a war of necessity one forced onto Russia by NATO and Ukraine. This was confirmed before the war in research by the Levada Center, a non-governmental polling firm widely trusted in the West. More than 66% of Russians blamed the conflict on America, NATO, or Ukraine. Only 4% said the conflict was Russia’s fault. Because Russians do not believe Putin was responsible for the war, they naturally do not blame him for sanctions. Citizens of the United States did not blame FDR for economic hardships like rationing during WW2. Russians have a similar perspective on wartime hardships today. If anything, the perceived cruelty of the current sanctions is making the West *more* of a villain in Russia.


Some Russians I know who had favorable opinions of the West now feel like they are *personally* under attack. They resent being the targets of economic warfare. One of the most egregious examples is the attempt to block international calls into Russia. Today, many Russians overseas are having trouble reaching their families at home. This makes them angry but not at Putin. It makes them hate the West. [..] Putin’s base sees the Western pullout from Russia as an opportunity to purge the country of foreign influence. They *like* the idea of Western companies selling their stakes in state industries. They *like* replacing Western brands with Russian and Chinese substitutes. I’m not arguing that these replacements will be smooth. They won’t stop Russia’s economy from heading for a deep recession. But nationalist sentiments inside Russia right now are so strong, that’s a price Russians are willing to pay.

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“..instigate a long-running conflict that bogs down Russian forces and leaves Ukrainians to wage an insurgency that cannot possibly succeed.”

The Casualties of Empire (Lawrence)

The news reports come in daily from Moscow, Kiev and the Western capitals: how many dead since Russia began its intervention in Ukraine on Feb. 24, how many injured, how many hungry or cold, how many displaced. We do not know the true count of casualties and the extent of the suffering and ought not pretend we do: This is the reality of war, each side having its version of unfolding events. My inclination is to add the deaths in Ukraine these past two weeks to the 14,000 dead and the 1.5 million displaced since 2014, when the regime in Kiev began shelling its own citizens in the eastern provinces – this because the people of Donetsk and Lugansk rejected the U.S. cultivated coup that deposed their elected president. This simple math gives us a better idea of how many Ukrainians are worthy of our mourning.

As we mourn, it is time to consider the wider consequences of this conflict, for Ukrainians are not alone among its victims. Who else has suffered? What else has been damaged? This war is of a kind humanity has never before known. What are its costs? Among paying-attention people it is increasingly plain that Washington’s intent in provoking Moscow’s intervention is, and probably has been from the first, to instigate a long-running conflict that bogs down Russian forces and leaves Ukrainians to wage an insurgency that cannot possibly succeed. Is there another way to explain the many billions of dollars’ worth of weapons and matériel the U.S. and its European allies now pour into Ukraine? If the Ukrainians cannot win — a universally acknowledged reality — what is the purpose here?


Whether this strategy goes as Washington wants, or if Russian forces get their work done and withdraw to avoid a classic quagmire, remains to be seen. But as Dave DeCamp noted in Antiwar.com last Friday, there is no sign whatsoever that the Biden administration plans any further diplomatic contacts with the Kremlin. The implication here should be evident. The U.S. strategy effectively requires the destruction of Ukraine in the service of America’s imperial ambitions. If this thought seems extreme, brief reference to the fates of Afghanistan, Iraq, Libya and Syria will provide all the compelling context one may need.

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Politics vs System.

Ukraine and the Global American Empire (Eugyp)

The same western globalists who hate Russia, also count us as their enemies, and my sincere advice is to take them seriously in this. They have a kind of myopia for internal political dissidents; we are the unaligned domestic element, Russia is the unaligned international element, and so when Donald Trump is elected to the presidency, this must be, for them, the result of Russian interference. I keep calling these people American or western globalists, but that’s only one way to understand them. I don’t have anything against Americans; I lived there for many years and have a great many American friends. It is only an historical accident, probably, that America finds itself at the centre of this globalist excrescence, this post-political, post-national order.

Rolf Peter Sieferle, one of my favourite thinkers, wrote about the fundamental conflict, between the globalists on one hand, and the unaligned people like me and unaligned countries like Russia, in more abstract terms. For him, the clash is between “politics” and “system”: “Politics belongs to an older stratum of existence, ordered in terms of the state and of history, crystallised in statesmen, leaders and ideologues. It has programmes, values and goals. What is required are virtues and commitments directed towards a super-ordinate whole. The last resort of politics is war – the willingness of the individual to sacrifice himself for a higher cause, for his community.”

“System characterises newly emerging orders of higher complexity, which successively displace politics. Systems organise themselves without focus, without values, goals or programmes. Their only maxim is freedom and emancipation for individuals. Virtue and sacrifice are anachronisms. Wars are nothing but catastrophic conflicts that must be prevented through skilful management. Order is created by objective, autonomous constraints, not by a normative orientation. The structures of systems are as inescapable for individuals as a magnetic field is for iron filings. They do not “know” anything about it, but they conform to their predefined paths. The most important processes are not controlled and can hardly be grasped theoretically.”

System has largely prevailed in advanced “western” countries. Yet the rest of the world in many ways still thinks politically. This strikes the West as anachronistic fundamentalism. … [..] The global American empire doesn’t invade; that is not what systems do. It assimilates. It is basically a borg that imposes economic and political constraints on an ever expanding expanse of the globe, which progressively fatten, distract and deracinate populations, with a view towards blending them into the same shallow multinational consumerist soup. Their plan was to make Ukraine part of the borg, and in this way further encroach upon Russia. Russia responded in political fashion, by taking up arms. Because the western borg never knows when to stop, Ukraine will now be destroyed and probably partitioned, as a means of keeping it forever outside the western globalist fold.


Preliminary plans for Operation Barbarossa, with the southern arm of the German attack proceeding through the open plains of Ukraine.

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“Riots began far too late and were easily curbed.”

China, Big Tech, Big Pharma and Elites – The Four Horsemen (Angelova)

A portion of the human population has always desired to rule over the rest. It doesn’t matter if these folks are naturally born psyhopaths or if they were created. What matters is that they are now more powerful than ever. It’s because they didn’t have the right tools or plan until recently. Because of the tech tycoons, evil has complete influence over ordinary people’s life. People are being brainwashed every second by the media, the internet, and social media. Every second of our life is monitored by smart watches and smartphones, which transmit personal data to whoever pays the most. We have been examined so that we can be easily managed and gave up our liberty without even realizing it. While it is not fully implemented in most nations, it is already in use in China and has a name social credit system.

It is based on a set of regulations established by the government that, if not followed, result in punishment. It used to be simple set of rules, but it now encompasses everything you say, everything you publish on the internet, everything you do, your fascial expression, your daily activities, and every element of your existence! You are okay if you follow the government’s rules, no matter how absurd they are. Breaking any of these rules means no money, no food, and no freedom – you are a prisoner. The right to free expression is prohibited. It’s similar to the well-known novel “1984”, but with more sophisticated tools. “Always eyes watching you and the voice enveloping you. Asleep or awake, indoors or out of doors, in the bath or bed- no escape. Nothing was your own except the few cubic centimeters in your skull.”

About a year before COVID-19, Pfizer established close relations with the Chinese communist party. Is it a coincidence that the COVID mania that imprisoned the Earth’s people began in China? Is it a coincidence that the rest of the world adopted Chinese policies despite a lack of evidence that such measures were required? Is it a coincidence that China is a major supporter of World Health Organization Director General Tedros Adhanom Ghebreyesus? Klaus Schwab, the founder of the World Economic Forum who taught the majority of globe leaders, reminded us that COVID-19 provided us with a tiny window of opportunity to reset the world, and WOW how effectively it was applied on the ostensibly free Western world. They were forced to live like cattle, with no human rights or health care, but were also subjected to experimental gene therapy. Riots began far too late and were easily curbed.

Of course, the fake virus fear isn’t enough, therefore a war is necessary to raise expenses. The more fearful humanity gets, the easier it is to dominate. People who are terrified cannot think. Fear of viruses, Russians, wars, shortages, cold, warm, storms, and climate change is the backbone of media and government propaganda, with celebrity culture filling in the gaps. It will finally destroy humanity since it goes against what makes us human: trusting and loving other humans. Of course, it is possible to turn the wave. We are surrounded by evil forces, yet we still have an option to remain free humans as long as we retain our ability to think, love, and feel.

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“The energy alliance with Russia, one of the world’s top oil producers, has enhanced OPEC’s power while also bringing the Saudis and Emiratis closer to Moscow..”

Saudi, Emirati Leaders Decline Calls With Biden During Ukraine Crisis (WSJ)

[…] Saudi Crown Prince Mohammed bin Salman and the U.A.E.’s Sheikh Mohammed bin Zayed al Nahyan both declined U.S. requests to speak to Mr. Biden in recent weeks, the officials said, as Saudi and Emirati officials have become more vocal in recent weeks in their criticism of American policy in the Gulf. “There was some expectation of a phone call, but it didn’t happen,” said a U.S. official of the planned discussion between the Saudi Prince Mohammed and Mr. Biden. “It was part of turning on the spigot [of Saudi oil].” […] One U.S. official said the Biden administration has worked diligently to strengthen Saudi and Emirati missile defenses, and that America would be doing more in the coming months to help the two Gulf nations protect themselves. It may not be all the two countries want, the official said, but the U.S. is trying to address their security concerns.


But the Saudis and Emiratis have declined to pump more oil, saying they are sticking to a production plan approved between their group, the Organization of the Petroleum Exporting Countries, and a group of other producers led by Russia. The energy alliance with Russia, one of the world’s top oil producers, has enhanced OPEC’s power while also bringing the Saudis and Emiratis closer to Moscow. Both Prince Mohammed and Sheikh Mohammed took phone calls from Russian President Vladimir Putin last week, after declining to speak with Mr. Biden.

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“Companies can’t explore and drill, or build pipelines, without capital. Biden financial regulators allied with progressive investors are working to cut it off. ”

Biden’s US Oil Embargo (WSJ)

President Biden made the right decision Tuesday in banning Russian oil and natural gas imports. Yet at the same time he declared full-steam ahead on his green energy “transition” that includes an assault on U.S. fossil fuels. The contradiction is maddening. Banning Russian energy imports is fine as far as it goes, which isn’t very. The U.S. imports only 3% of its petroleum supply and less than 1% of coal from Russia. About 70% of Russian oil currently can’t find buyers because of sanctions risk. That’s the main reason crude prices have shot up to $130 per barrel. Once uncertainty about the scope of sanctions clears up, Russia will probably find global buyers for its energy at a discount. Imposing so-called secondary U.S. sanctions on institutions that finance Russia’s energy trade would be more effective.

But the White House won’t do that because it fears it could drive gasoline prices even higher. If that’s the worry, then here’s a better idea: Stand at the White House and declare that his Administration will support the development of U.S. oil and gas. Rescind all regulations designed to curb production, development and consumption. Announce a moratorium on new ones. Expedite permits, and encourage investment. Our guess is the price of Brent crude would fall $20 a barrel in anticipation of higher production. Yet Mr. Biden is doing precisely the opposite. On Tuesday he even blamed U.S. companies—not his policies—for not producing more. There are 9,000 available unused drilling permits, he claimed, and only 10% of onshore oil production takes place on federal land. Talk about a misdirection play.

First, companies have to obtain additional permits for rights of way to access leases and build pipelines to transport fuel. This has become harder under the Biden Administration. Second, companies must build up a sufficient inventory of permits before they can contract rigs because of the regulatory difficulties of operating on federal land. It takes 140 days or so for the feds to approve a drilling permit versus two for the state of Texas. The Administration has halted onshore lease sales. Producers are developing leases more slowly since they don’t know when more will be available. Offshore leases were snapped up at a November auction because companies expect it might be the last one. Interior’s five-year leasing program for the Gulf of Mexico expires in June.

Yet the Administration hasn’t promulgated a new plan. Nor did it appeal a liberal judge’s order in January revoking the November leases. But the Administration has appealed another judge’s order requiring that it hold lease sales. Then there’s the not-small problem of financing. Companies can’t explore and drill, or build pipelines, without capital. Biden financial regulators allied with progressive investors are working to cut it off. The Labor Department has proposed a rule that would require 401(k) managers to consider the climate impact of their investment holdings.

Novak: The Russian Federation knows where to redirect our oil from the European market (activate subtitles!)

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@Parsifaler is posting a lot on vaccines and cancer. This is just one thread.

Spike Protein Fibrosis Syndrome (Chesnut)

Spike protein fibrosis syndrome: the spike protein induces a firbrotic cascade exactly parallel to radiation fibrosis syndrome. The spike protein induces the same accumulation of excess fibrin that radiation does! First: In the microcirculation, SARS-CoV-2 and the S protein directly enhance platelet activation and fibrin aggregation, predisposing 30–50% of COVID-19 patients to develop thrombotic events.

Various pathophysiological mechanisms have been postulated for RFS including induction of free radical (FR)-mediated DNA damage and subsequent apoptosis as a predisposing event.[6] Pohlers et al. described three histopathological phases of RFS such as (1) prefibrotic phase comprising ENDOTHELIAL CELLS, (2) fibrotic phase of active fibrosis containing myofibroblasts, and (3) fibroatrophic phase characterized by subsequent loss of parenchymal cells. Radiation-induced (SPIKE PROTEIN) accumulation of excess fibrin in the extravascular, intravascular, and perivascular compartments has been described for RFS.

Ionizing radiation (SPIKE PROTEIN) may directly result in RFS by causing VASCULAR ENDOTHELIAL INJURY and indirectly by activating the inflammatory, epithelial regeneration, and tissue remodeling pathways and the coagulation cascade. Another important event is the activation of Janus kinase (JAK) and signal transducer and activator of transcription (STAT) proteins along with nuclear factor kappa-light-chain-enhancer of activated B-cell (NF-KB) pathways by radiation resulting in the release of pro-inflammatory cytokines and growth factors. NOW! Now we can unite CANCER, NEURODEGENERATION AND CARDIOVASCULAR DISEASE that has heretofore appeared as RANDOM. But, it is nothing of the sort!


This Spike Protein Fibrosis Syndrome not only explains the cancer we are seeing, but also its AGGRESSIVENESS. Tumors are characterized by extracellular matrix (ECM) deposition, remodeling, and cross-linking that drive fibrosis to stiffen the stroma and promote malignancy. The stiffened stroma enhances tumor cell growth, survival and migration and drives a mesenchymal transition. A stiff ECM also induces angiogenesis, hypoxia and compromises anti-tumor immunity.

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“Our sanctions have taken countless lives around the world, a form of bloodshed we pretend isn’t warfare.”

Now Let’s Do the US Oligarchs (Eskow)

“Tonight I say to the Russian oligarchs and corrupt leaders who have bilked billions of dollars off this violent regime: no more. “The U.S. Department of Justice is assembling a dedicated task force to go after the crimes of Russian oligarchs. “We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets. We are coming for your ill-begotten gains.” With these words in his State of the Union address last week, President Joe Biden unintentionally laid out a blueprint for responding to the American oligarchs, super-predators who dwarf their Russian counterpoints in wealth and political power. America’s oligarchs, like their Russian counterparts, have bilked billions — no, make that trillions — from their own regime. Some of their bilking comes directly from its violence, in the form of “defense” contracts to entities like Halliburton, Lockheed Martin and the Carlyle Group.

About that “violent regime” business: It’s possible to condemn the violence perpetrated by Russia’s government while at the same time recognizing and condemning that of the U.S. The direct attacks on Iraq and Afghanistan, among other countries, have been matched by the proxy violence the U.S. has funded in nations like Palestine, Syria [ed.: and yes, Ukraine]. Our sanctions have taken countless lives around the world, a form of bloodshed we pretend isn’t warfare. A 2014 Princeton political science study showed that government actions nearly always conform to the wishes of wealthy and powerful U.S. elites. “Our central finding was this: Economic elites and interest groups can shape U.S. government policy — but Americans who are less well off have essentially no influence over what their government does,” wrote co-authors Martin Gilens and Benjamin Page.


America’s oligarchical influence extends from healthcare and fossil fuels to the industry of war itself. American companies account for more than half of all arms sales worldwide. The Center for Responsive Politics reports that “in the past two decades, (the arms industry’s) extensive network of lobbyists and donors have directed $285 million in campaign contributions and $2.5 billion in lobbying spending to influence defense policy.” Arms manufacturers (more commonly known by the Orwellian appellation, “defense industry”) shrewdly concentrate on hiring ex-government officials to advance their agenda and pump up their “ill-begotten gains.” This ensures that their interests are represented by people who know the officials they’re lobbying. Even more importantly, it puts those officials on notice that there is a lucrative future in store for them if they play along. Arms oligarchs have hired more than 200 lobbyists who, in the report’s words, “have worked in the same government that regulates and decides funding for the industry.”

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Biden wants Iran oil more than he wants Bolton. He’ll even throw in a nuclear deal.

Iran Plots To Assassinate Bolton, Biden Admin Resists Public Indictments (DW)

At least two Iranians in the Islamic Revolutionary Guards Corps-Quds Force (IRGC-QF), an elite Iranian military group that is also a designated terrorist organization, have allegedly been plotting to assassinate former Trump national security adviser John Bolton, according to a new report. Democrat President Joe Biden’s Department of Justice “possesses indictable evidence against the Iranians but … Biden administration officials are resisting publicly indicting the men for fear that it could derail their drive for a nuclear deal with Iran, currently nearing completion in negotiations in Vienna, Austria,” the Washington Examiner reported. “It is possible but unlikely that there are sealed indictments against the men, but the DOJ source said the seriousness of the conspiracy and the evidence warranted public indictment without delay.

“Sealed indictments would be unusual and probably unnecessary in this case, as they are usually used to prevent the target evading justice.” The report said that the Iranian military was involved in “significant … reconnaissance activity” in the alleged plot, which involved an effort to recruit an assassin on U.S. soil. The report said that similar threats have been made against former Secretary of State Mike Pompeo and other Trump officials who worked on Iran. The report said that threats against Bolton and Pompeo “are continuing, specific, and highly credible.” The report added:


“The intelligence community became aware of the plot at an early stage, and it prompted high-level concern and a full-time Secret Service protective detail being assigned to Bolton earlier this year or late in 2021. Significant FBI assets were also deployed to disrupt the plot and assist in protecting Bolton… As the Washington Examiner reported in December 2020, Congress quietly extended Pompeo’s Diplomatic Security Service protective detail beyond his government tenure in response to these Iranian threats. That protective detail continues and has a high level of enhanced capability. Biden’s DOJ claimed in a statement to the Examiner that “it would be categorically false to claim that these kinds of policy considerations would drive such a charging decision.”

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“The next day, Russia attacked Ukraine and both national and international attention turned elsewhere – doubtless to the Liberal government’s great relief.”

Where’s The Outrage Over Trudeau’s Trip To Britain? (Stannus)

As Justin Trudeau waltzed through the UK, visiting Boris Johnson and the Queen, did anyone spare a thought for Canadians struggling under Trudeau’s authoritarian Covid power moves? In 2016, the British parliament debated whether Donald Trump, then running for the US presidency, ought to be banned from the UK for inflammatory ‘hate speech’. When Trudeau announced his visit to the UK, did the House of Commons ask itself whether he should be made welcome? Trudeau is no stranger to inflammatory language – having called the unvaccinated in Canada ‘extremists’, ‘misogynists’ and ‘racists’. But it’s far worse than that. He has undermined the principles on which Canadian democratic government is founded by criminalising peaceful protest. He invoked emergency powers to inflict extreme punishment on those who objected to his Covid policies while denying them proper due process. Does no one in the UK government find that troubling?

Trudeau used the Emergencies Act to allow banks to unilaterally freeze accounts and assets, not only of participants in the peaceful Ottawa freedom convoy but also of anyone who supported the protest financially – all without a court order and legal immunity. And insurance policies of participants were subject to cancellation. Nothing says ‘free country’ like being able to freeze the assets of your political opponents without notice, judicial oversight, or possibility of legal recourse, on suspicion of having donated $25 to a trucker who parked in front of Canada’s parliament because he didn’t want the government to take away his job. Perhaps this seems unfair. Trudeau may have invoked the never-before-used Emergencies Act to resolve a parking problem. An error in judgement, but in the end he rescinded it. Quite true. But not before he suspended Canadians’ rights to due process and to peaceful assembly.


Or delayed the Act’s debate in the Canadian House of Commons until after the protestors were forcibly removed by police. Or cynically strong-armed its approval through the House of Commons via a confidence vote – cleverly changing the subject of the vote to whether or not MPs wanted to call an election. And remember too that he hinted that the Act would be needed for months to come. Can the country ever be considered truly safe when – at any time – a truck driver apparently going about his business might approach the heart of Canada’s capital city and run up the Canadian flag, thereby magically metamorphosising into a terrorist? Trudeau lifted the Emergencies Act on 23 February when it became apparent that the Canadian Senate was likely to vote against it. The next day, Russia attacked Ukraine and both national and international attention turned elsewhere – doubtless to the Liberal government’s great relief.

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Central to Russiagate. Good long portrait.

The Longtime ‘Zelig’ of American Scandals Who ‘Crossfired’ Trump (RCI)

In the late summer of 2016 Stefan A. Halper met with at least three of Donald Trump’s associates in England and the United States, bragging about his friendship with Russian spies who “can be very helpful to us at this time.” As they listened to his tales of foreign intrigue and promises of illegal foreign help, what George Papadopoulos, Carter Page and Sam Clovis did not know was that Halper was not who he said he was. He was, indeed, a spy, but his handler was not the Kremlin – it was the FBI. Armed with leading questions and on at least two occasions a hidden tape recorder, Halper had been tasked by the bureau with finding dirt on the Trump campaign.


Halper’s undercover operation, which was documented in a report by the Department of Justice’s Inspector General, would prove largely a bust. Transcripts between Halper and Trump campaign officials would show that none of them took the bait, or appeared to otherwise be soliciting Russia’s help in the 2016 presidential campaign. Even now, it might seem odd that the FBI made Halper, then a septuagenarian Cambridge University professor, a linchpin of its top-secret counterintelligence probe codenamed “Crossfire Hurricane.” But a closer look at Halper’s life and work makes that decision seem inevitable. Stefan Halper is the Zelig of modern American political scandal – a chameleon-like, unusually ubiquitous figure who keeps appearing when mischief is afoot.

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“Nudge Act”. “Nudging Users to Drive Good Experiences on Social Media”.

Get out of our lives!

How the Senate is Poised to Codify Censorship of Social Media (Turley)

Beware of politicians bearing reforms. Since the Trojans first wheeled a wooden horse into their fortified city, many are leery about “gifts” that may be heavily laden with dangers. That is true with the Trojan horse legislation just offered by Sen. Amy Klobuchar (D-Minn.). In the name of “reforming” the internet and bringing tech monopolies to heel, Klobuchar has penned a “Nudge Act” that would expand corporate censorship and speech controls. Even the name is designed to be non-threatening. After all, who could oppose an act titled “Nudging Users to Drive Good Experiences on Social Media”? It is enough to garner the support of Sen. Cynthia Lummis (R-Wyo.). The act, however, is less of a nudge and more of a shove toward approved content and choices.

For years, President Joe Biden and Democratic members of Congress have pushed for greater and greater censorship on the internet and on social media. Liberals have found a winning strategy in using corporate censorship to circumvent constitutional limits on governmental speech controls. Senators like Richard Blumenthal (D-Conn.) warned social media companies that they would not tolerate any “backsliding or retrenching” by “failing to take action against dangerous disinformation,” and demanded “robust content modification” to block disfavored views on subjects ranging from climate control to elections to the pandemic. The Nudge Act is arguably the most insidious of these efforts.

Under the Act, Congress would enlist the National Academy of Sciences, Engineering and Medicine (NAS) to recommend sweeping design changes to Big Tech platforms like Facebook, Instagram and YouTube to “reduce the harms of algorithmic amplification and social media addiction.” The Act is a masterpiece of doublespeak. It refers to developing “content-agnostic interventions” that could ultimately be enforced by a commission and the Federal Trade Commission (FTC). That sounds great; after all, many of us have called for years for a return to content neutrality on social media where sites function more as communication platforms, similar to telephone companies. However, that is clearly not the intent of the bill’s sponsors, who see it as a weapon against “misinformation.” That was made clear by Klobuchar herself: “For too long, tech companies have said ‘Trust us, we’ve got this.’

But we know that social media platforms have repeatedly put profits over people, with algorithms pushing dangerous content that hooks users and spreads misinformation.” How is combatting “misinformation” content-neutral? The answer will be imposed by a new commission and lead to a site’s failure to take “appropriate” measures being declared “unfair or deceptive acts or practices.” That would create a glacial chilling effect on these companies, which will err on the side of censorship.

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Tulsi
https://twitter.com/i/status/1501158656020127744

 

 

 

 

 

 

 

 

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

 

 

 

Feb 242022
 


Pablo Picasso Glass, bread and cheesee 1923

 

Russia Conducts ‘Precision Strikes’ on Ukrainian Military Targets (Sputnik)
Russia Has ‘No Plans’ To Take Over Whole Of Ukraine – Putin (RT)
Disarming Ukraine (MoA)
Saudi-Russia Collusion Is Driving Up Gas Prices (IC)
Trudeau Discontinues Emergencies Act (RT)
Canada Instructs Banks to Unfreeze Freedom-Convoy Accounts (WSJ)
Significant Underreporting of Vaccine Side Effects: German Health Insurer (ET)
Genetic Code of Covids Spike Protein Linked to Moderna Patent (DM)
China’s Property Bubble Collapse Gets Worse (Lacalle)
Biden Officials Fear Elon Musk Would Embarrass President At WH (NYP)

 

 

David Mamet

 

 

Putin

 

 

Sputnik. Propaganda from the other side.

Russia Conducts ‘Precision Strikes’ on Ukrainian Military Targets (Sputnik)

Earlier this week, Russia officially recognised the Donetsk and Lugansk People’s Republics and urged Kiev to stop attacks on Donbass. As shellings by Ukrainian forces escalated in the region, Russian President Vladimir Putin announced a special military operation aimed at the demilitarisation and denazification of Ukraine. “Ukrainian military infrastructure, air defence facilities, military airfields, and air forces are being neutralised by high-precision weapons”, the Russian Ministry of Defence said in a statement. The MoD stressed there are no threats to the civilian population. The tensions have been escalating over the past few days, with Ukrainian forces shelling the territory of Donbass, forcing thousands to evacuate to Russia.


Following an appeal from the leaders of the Donetsk People’s Republic and Lugansk People’s Republic, Moscow recognised both as independent nations and called on Ukraine to stop the eight-year-long war in the region. Russia also stressed that it will protect the people of Donbass against any threats, as president Putin noted the actions of the Ukrainian regime in the region are genocide. In response to the ongoing attacks, President Putin authorised the military to conduct a special operation to protect Donbass, aiming at the demilitarisation and denazification of Ukraine and saying that people who committed war crimes during the eight-year-long bloodshed should stand trial.

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Me, I wonder what Hunter Biden is doing right now..

Russia Has ‘No Plans’ To Take Over Whole Of Ukraine – Putin (RT)

Russian President Vladimir Putin has claimed that Russia had “no plans to occupy the Ukrainian territories” after announcing that a special operation was launched to defend the Donetsk and Lugansk People’s Republics from “Ukrainian aggression.” The operation’s ultimate goal is “to protect the people who have been subjected for 8 years to genocide by the Kiev regime,” Putin said in an adress on Thursday morning, adding that Moscow would “embark on a demilitarization and denazification of Ukraine, and handing over to justice those who committed numerous atrocities against civilians.”


The Russian president noted, however, that Moscow harbors no far-reaching plans to take over the whole territory of Ukraine. “We do not have plans to occupy Ukrainian territories. We are not going to impose anything on anyone by force,” he said. Ukraine has been accusing Russia of illegally occupying Crimea, which was reabsorbed by Russia following a referendum in March 2014, following the US-backed coup that overthrew the elected government in Kiev. Kiev has also repeatedly accused Russia of having a military presence in Donbass, although Moscow consistently denied this claim.

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“During the last two centuries Russia had to defend itself, with horrific casualties, against two huge invasions from the west.”

Disarming Ukraine (MoA)

The military of Russia has launched an operation to disarm, and possibly regime change, the Ukraine. I do understand why Russia is doing this – it is either attack now or defend itself later with way more casualties and the danger of total defeat. I had hoped though that it would find other methods to protect Russia from further NATO aggression. In 2014 the U.S. instigated regime change in Kiev and has since controlled the Ukrainian government. It has build up the Ukraine as a base to strangle Russia economically and militarily. During the last two centuries Russia had to defend itself, with horrific casualties, against two huge invasions from the west. It is understandable that it does not want to repeat that experience.

It is difficult to discern what the planned end state of this operation is. Where is this going to stop? Looking at this map I believe that the most advantageous end state for Russia would be the creation of a new independent country, call it Novorussiya, on the land east of the Dnieper and south along the coast that holds a majority ethnic Russian population and that, in 1922, had been attached to the Ukraine by Lenin. That state would be politically, culturally and militarily aligned with Russia. This would eliminate Ukrainian access to the Black Sea and create a land bridge towards the Moldavian breakaway Transnistria which is under Russian protection. The rest of the Ukraine would be a land confined, mostly agricultural state, disarmed and too poor to be build up to a new threat to Russia anytime soon. Politically it would be dominated by fascists from Galicia which would then become a major problem for the European Union.


Thanks to Stalin’s additions to the Ukraine three countries, Poland, Hungary and Romania, have claims to certain areas in the Ukraine’s western regions. If they want to snatch those up again it is now probably the best time to do so. Despite being part of NATO, which likely would not support such moves, those three will have domestic policy difficulties to withstand the urge. I hope for a sharp but short fight which destroys the Ukraine’s military capabilities but causes as little casualties and other damages as possible. It is sad that NATO countries, including mine, did not have the courage to make the necessary concessions to prevent this from happening.

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Odd detail.

Saudi-Russia Collusion Is Driving Up Gas Prices (IC)

As Russia ordered troops into Ukraine on Monday, gas prices soared to their highest levels in over seven years. While the media focuses on the conflict in Ukraine, a major cause of the gas price spike has gone overlooked: Moscow’s partnership with Saudi Arabia has grown dramatically in recent years, granting the two largest oil producers in the world the unprecedented ability to collude in oil export decisions. The desert kingdom’s relationship with the U.S. has chilled in the meantime, as demonstrated earlier this month, when President Joe Biden pleaded with the Saudis to increase oil production — a move that would not only have helped to alleviate rising inflation and gas prices, but also reduced Russia’s extravagant profits amid its aggression against Ukraine. The Saudi king declined.

The Saudi and Russian relationship has blossomed under Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, whose first formal meeting with Russian President Vladimir Putin took place in the summer of 2015. MBS pursued the meeting after then-President Barack Obama declined to meet with him, The Intercept has learned from two sources with knowledge of the matter who were granted anonymity to describe sensitive discussions. Now, as Biden refuses to meet with MBS due to his culpability in the grisly murder of journalist Jamal Khashoggi, the crown prince may again see a friend in Moscow, which is profiting handsomely off MBS’s refusal to increase oil production. Hints of MBS’s resentment over Biden’s refusal to meet with him occasionally spill out into the public, as they did last year, when the crown prince canceled a meeting with Defense Secretary Lloyd Austin on a day’s notice.

He opted instead to meet with Leonid Slutsky: a top Russian lawmaker who was sanctioned by the U.S. for his role in Russia’s 2014 invasion of Crimea. (MBS canceled Austin’s visit because he was “holding out for a call from the president before responding to the administration’s entreaties,” according to senior officials cited by Council on Foreign Relations fellow Martin Indyk in Foreign Affairs magazine.) “Putin and MBS have much in common, including murdering their critics at home and abroad, intervening in their neighbors by force and trying to get oil prices as high as possible,” Bruce Riedel, a senior fellow at the Brookings Institution and former CIA analyst with expertise in the Middle East, said in an email to The Intercept. “Putin will do MBS a great service if he invades Ukraine and sends oil prices through the roof.”

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You’d think Russia tried to invade.

Trudeau Discontinues Emergencies Act (RT)

Canadian Prime Minister Justin Trudeau has brought an end to the Emergency Act in the country after 10 days after it was used to widen the scope of government and police authority in order to remove and detain ‘Freedom Convoy’ protesters who had shut down a major US-Canada border crossing as well as much of Ottawa over the last weeks. Addressing the nation on Wednesday evening, Trudeau said that the situation is “no longer an emergency.” The Canadian leader referred to the expanded authority given to law enforcement, which included targeting protesters’ funding, as “time-limited extra tools” that had helped the police to lift blockades plaguing downtown Ottawa. Trudeau said he is “confident” now that “existing laws and bylaws” are “sufficient to keep people safe.”


He, however, appeared to signal that the federal government was ready to step in if the situation goes awry. “We will continue to be there to support local and provincial authorities if and when needed”, the PM said. Nearly 200 people have been arrested as police cracked down on the Freedom Convoy protests, with over 100 facing various charges. Organizers like Tamara Lich were also arrested last week. Lich was denied bail with the judge stating this week that her continued detention is “necessary for the protection and safety of the public.” The prime minister’s decision, which takes effect Wednesday evening, came only two days after Canadian lawmakers greenlighted the extension the emergency powers. At the time, Trudeau that the situation was “fragile” and still an “emergency.”

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Just 2 days ago they were saying it would be a long fight. Did Justin talk to a lawyer?

Canada Instructs Banks to Unfreeze Freedom-Convoy Accounts (WSJ)

Canada told banks to unlock financial accounts belonging to individuals involved in a weekslong Covid-19 protest in Ottawa that police shut down this past weekend, according to a finance ministry official. “They started [Monday] to unfreeze accounts,” Isabelle Jacques, a senior official in Canada’s finance department, told lawmakers Tuesday. The step marks a reversal for the Liberal government, which has argued the sweeping power to freeze bank accounts and other assets was crucial during what was declared an emergency period. The power became available over a week ago, when Prime Minister Justin Trudeau invoked rarely used emergency measures in an effort to end a roughly three-week protest calling for all Covid-19 vaccine mandates and related social restrictions to be rescinded. The Ottawa protest, involving thousands of individuals and hundreds of trucks, inspired blockades at crucial U.S.-Canada border crossings.


[..] On Monday, Canadian Finance Minister Chrystia Freeland defended the freezings, which some financial-law experts warned could affect people unaffiliated with the protest. “These measures were put in place to disrupt illegal activity in Canada,” she said. “We were very clear that we would be following the money, that we would be using financial tools to disrupt illegal blockades and occupations. The focus absolutely has been on leaders and on the vehicles that were such an important part of the illegal blockades and occupations.” “The way to get your account unfrozen is to stop being part of the blockade and occupation,” she added.

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Tick, tick, tick…

Significant Underreporting of Vaccine Side Effects: German Health Insurer (ET)

A large German health insurance provider said that it analyzed data from more than 10 million individuals regarding COVID-19 vaccine complications and suggested there were more than health authorities have reported. The insurer, BKK ProVita, concluded that the rate of vaccine side-effects is several times larger than earlier reports from the Paul-Ehrlich Institute, a German federal agency, according to a letter from the company. BKK board member Andreas Schöfbeck told Die Welt publication that the data is an “alarm signal,” adding: “The numbers determined are significant and urgently need to be checked for plausibility.” The Epoch Times has contacted the Paul-Ehrlich Institute for comment.

The letter, written by Schöfbeck, said BKK analyzed doctors’ billing data from 10.9 million insured people, finding that of that figure, some 217,000 received treatment due to vaccine side-effects. Overall, in Germany, which has a population of about 83 million, the Paul-Ehrlich Institute reported 244,576 suspected cases of COVID-19 vaccination side effects in 2021, the firm noted. “The data available to our company gives us reason to believe that there is a very considerable under-recording of suspected cases of vaccination side-effects after they received the [COVID-19] vaccine,” he wrote in his letter.

“If these figures are applied to the year as a whole and to” the entire population of Germany, Schöfbeck estimated, then “probably 2.5-3 million people in Germany been under medical treatment because of vaccination side effects after [COVID-19] vaccination.” Schöfbeck then concluded that based on their data, “there is a significant underreporting of vaccination side-effects” in Germany. Another letter that was sent out by BKK suggested that vaccination side effects reported across Germany are at least 10 times more common than what was reported by the Paul-Ehrlich Institute, reported the Nordkurier newspaper on Wednesday.

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Researchers say one in 3 trillion chance Covid developed the code naturally …

But lots of questions.

Genetic Code of Covids Spike Protein Linked to Moderna Patent (DM)

Fresh suspicion that Covid may have been tinkered with in a lab emerged today after scientists found genetic material owned by Moderna in the virus’s spike protein. They identified a tiny snippet of code that is identical to part of a gene patented by the vaccine maker three years before the pandemic. It was discovered in SARS-CoV-2’s unique furin cleavage site, the part that makes it so good at infecting people and separates it from other coronaviruses. The structure has been one of the focal points of debate about the virus’s origin, with some scientists claiming it could not have been acquired naturally. The international team of researchers suggest the virus may have mutated to have a furin cleavage site during experiments on human cells in a lab. They claim there is a one-in-three-trillion chance Moderna’s sequence randomly appeared through natural evolution.

But there is some debate about whether the match is as rare as the study claims, with other experts describing it as a ‘quirky’ coincidence rather than a ‘smoking gun’. “Moderna filed the patent in February 2016 as part of its cancer research division, records show. The patented sequence is part of a gene called MSH3 that is known to affect how damaged cells repair themselves in the body. It was approved on March 7 the following year ” In the latest study, published in Frontiers in Virology, researchers compared Covid’s makeup to millions of sequenced proteins on an online database. The virus is made up of 30,000 letters of genetic code that carry the information it needs to spread, known as nucleotides. It is the only coronavirus of its type to carry 12 unique letters that allow its spike protein to be activated by a common enzyme called furin, allowing it to spread between human cells with ease. Analysis of the original Covid genome found the virus shares a sequence of 19 specific letters with a genetic section owned by Moderna, which has a total of 3,300 nucleotides.

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“..the implosion of the real estate sector may cause a large hole in the national banks’ assets that may need the largest bailout in modern times..”

China’s Property Bubble Collapse Gets Worse (Lacalle)

The real estate sector is enormous in China. Its direct and indirect weight, according to JP Morgan, is 25 percent of GDP, more than double the size of previous real estate bubbles in Japan or Spain. It’s impossible for the Chinese regime to contain the implosion of a sector that has massive ramifications that affect all the services sector and numerous side industries. The Chinese regime tries to disguise the risk by injecting liquidity into Chinese banks and cutting rates but, even if the vast majority of the property developers’ debt is in the hands of domestic savers, the collapse in investor confidence is difficult to contain. At best, the Chinese economy will see an inevitable slowdown.

In the worst-case scenario, the implosion of the real estate sector may cause a large hole in the national banks’ assets that may need the largest bailout in modern times. The outcome may lie somewhere in between. Many sectors in China may continue to thrive regardless of the property slump, but none of them, even all combined, can offset the impact of such a dominant part of the Chinese economy. If other global economies were unable to offset the burst of a property bubble even when the size of their real estate sectors in the total economy was extraordinarily lower than in the case of China, it’s virtually impossible to believe that the Asian giant will be able to achieve its growth target when the property bubble burst coincides with an unprecedented government intervention in other sectors.

Chinese property developers need to repay or refinance up to $100 billion in debt in 2022, according to Bloomberg. It isn’t difficult to predict that at least half will default, surpassing 2021’s record figure. Additionally, global and domestic demand for the largest Chinese sectors is weakening due to expectations of more government crackdowns in 2022. The combination of increasing government interventionism with the rising concern about the financial situation of debt issuers may be unsurmountable for the Chinese economy. Repeating failed Keynesian demand-side policies is not the answer. China needs to open its economy and abandon a debt-fuelled model.

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“It got to the point, hilariously, where no one in the administration was even allowed to say the word ‘Tesla’!”

Biden Officials Fear Elon Musk Would Embarrass President At WH (NYP)

The White House is reportedly worried Elon Musk would be a bad guest if invited to meet with President Biden — a target of frequent mockery by the Tesla founder. Some of Biden’s top advisers have purportedly warned against inviting Musk to the White House over fears he would say something to embarrass the administration. The billionaire has repeatedly slammed the White House for failing to mention Tesla while discussing its plans for major nationwide investments in electric vehicles. Biden and his close advisers are said to be irritated with Musk’s public criticism and have no immediate plans to invite him to the White House for future events, CNBC reported, citing sources familiar with the matter.

When CNBC asked about the White House’s apparent concerns, Musk responded with a pair of “roll on the floor laughing” emojis and suggested his attendance at a future meeting shouldn’t be a cause of concern. “They have nothing to worry about,” Musk said. “I would do the right thing.” White House press secretary Jen Psaki and others have suggested that Tesla has been snubbed from business events because the company’s factories aren’t unionized. In January, Biden met with the CEOs of Ford and General Motors while promoting his Build Back Better Bill and claimed that “companies like GM and Ford are building more electric vehicles here at home than ever before.” That snub appeared to infuriate Musk, who referred to Biden last month as a “damp [sock] puppet in human form” and claimed the president was “treating the American public like fools.”

“It got to the point, hilariously, where no one in the administration was even allowed to say the word ‘Tesla’! The public outrage and media pressure about that statement forced him to admit that Tesla does in fact lead the EV industry,” Musk told CNBC. Biden went several months without discussing Tesla’s leading position in the electric vehicle market — only recently mentioning Musk’s company for the first time. On Feb. 8, the president referred to Tesla as “our nation’s largest electric vehicle manufacturer.” Musk argued that Biden “pointedly ignored Tesla at every turn” while touting other companies. Despite the tensions, Musk also downplayed the severity of his rift with Biden and other White House officials, asserting that the “notion of a feud is not quite right.” “I have nothing against Biden otherwise, apart from general concern about more deficit spending, which would apply to any president, and actively supported the Obama-Biden election,” Musk told the outlet.

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WEF
https://twitter.com/i/status/1496562083680428049

 

 

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

 

May 142020
 


Byron Street haberdashery, New York 1900

 

95,000 Entered UK By Air In 25 Days During Lockdown (G.)
Australia Saw Overseas Visitors Fall 99% In April (R.)
Why California Is Struggling To Control Coronavirus (LAT)
Real UK Care Home Death Toll Double Official Figure (G.)
Pensioners 34 Times More Likely To Die Of COVID19 Than Working Age Brits (G.)
Only 4.4% of French Population Infected By Coronavirus (R.)
Wisconsin Supreme Court Strikes Down State’s Stay-at-Home Order (NBC)
72 People In Wisconsin Test Positive After Attending ‘Large Gathering’ (DM)
36.6% of COVID19 Patients In NY Study Develop Acute Kidney Injury (R.)
Ontario Redeploys Educators Into Nursing Homes, As One Records 56 Deaths (R.)
Why Are So Many People Getting Sick And Dying In Montreal From Covid-19? (G.)
COVID-19 Bailout Gave Wall Street a No-Lose Casino (Taibbi)
FBI Accidentally Reveals Name Of Saudi Embassy Official Suspected In 9/11 (Y!)
US Judge Asks If Michael Flynn Should Be Held In Contempt (R.)
Flynn Case Requires Letting The Sun Shine On Comey And Mueller (McLaughlin)

 

 

• US New cases 21,449

• New deaths 1,896 (yesterday 1,894, Monday: 830, Sunday: 776)

• Russia breaks its chain of 10 consecutive days of more than 10,000 new cases with 9,974

 

 

 

Cases 4,451,226 (+ 93,006 from yesterday’s 4,358,220)

Deaths 298,520 (+ 5,284 from yesterday’s 293,236)

 

 

 

From Worldometer yesterday evening -before their day’s close-

 

 

From Worldometer

 

 

From SCMP:

 

 

From COVID19Info.live:

 

 

 

 

The UK never had an actual lockdown, they just pretended they did.

18.1 million arrivals to the UK by air, land and sea from 1 January to 23 March, pre-“lockdown”. Another 95,000 just by air between 1 April and 26 April, during the lockdown. With tons of stories of very few if any checked out.

The government stopped issuing guidance at the border to arrivals from specific countries – including from Italy and China – to self-isolate on 13 March, 10 days before the lockdown was imposed.

95,000 Entered UK By Air In 25 Days During Lockdown (G.)

At least 95,000 people have entered the UK from overseas since the coronavirus lockdown was imposed, one of the government’s chief scientific advisers has revealed, while repeatedly failing to provide an estimate of how many of these people had Covid-19. Appearing before MPs on the science and technology committee, Prof John Aston, the chief scientific adviser at the Home Office, admitted that had tougher restrictions been introduced at the border, the peak of the virus may have been delayed – but he did not say by how long, or if this would have saved lives. Aston, who attends meetings of the Scientific Advisory Group for Emergencies (Sage), which is advising the government during the crisis, was asked repeatedly for the estimated proportion or number of people arriving in the UK with Covid-19.

He insisted instead that a more “robust” assessment was the ratio of imported cases to domestic cases. This model, formulated by Sage, estimates 0.5% of all cases on any given day are imported from overseas. The government stopped issuing guidance at the border to arrivals from specific countries – including from Italy and China – to self-isolate on 13 March, 10 days before the lockdown was imposed. Since then, there has been little intervention other than advice provided on leaflets and posters. Arrivals will have been subjected to the same lockdown restrictions imposed on the wider population since 23 March. [..] Yvette Cooper, the chair of the home affairs select committee, [..] asked Aston if ministers had a central estimate of the number of people arriving each week who might have Covid-19 when the decision to stop asking any arrivals to self-isolate was made.

[..] Cooper [..] said: “Previously people were asked to self-isolate at the border for 14 days. Inexplicably when other countries were increasing their restrictions or their requirements to self-isolate, the UK lifted them all. It was before the peak in Spain, it was still around the peak in Italy, it was several weeks before the peak in UK.” Aston’s evidence comes as the government prepares to enforce a 14-day quarantine for arrivals by air at the UK border – a policy that some have suggested would have been more appropriate prior to the UK lockdown on 23 March. There were 18.1 million arrivals to the UK in the period from 1 January to 23 March across air, land and sea, of whom 273 air passengers were formally quarantined. Aston told the committee that between 1 April and 26 April there were 95,000 arrivals into the UK by air, of whom about 53,000 were UK citizens.

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This looks more like a lockdown. Just 6,500 non-Australians arrived in April.

Australia Saw Overseas Visitors Fall 99% In April (R.)

Australia saw overseas arrivals collapse to almost nothing in April as it closed its borders to fight the coronavirus pandemic, in a massive blow for the tourist industry. Preliminary data from the Australian Bureau of Statistics released on Wednesday showed arrivals of 21,600 in April, down 98.7% from a year earlier. Returning Australian citizens accounted for 15,100 of them. The biggest decline was in arrivals from New Zealand, which dived by 161,950 to just 1,180. Arrivals from China, where closures had already badly curbed tourism in March, dropped 132,040 to only 320. Departures from Australia likewise plunged 96.5% to 63,500, mostly foreigners returning home.

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50% of people still leave their homes every day. Not a lockdown.

Why California Is Struggling To Control Coronavirus (LAT)

The Times asked UC San Francisco epidemiologist and infectious disease expert Dr. George Rutherford, a former epidemic intelligence service officer with the U.S. Centers for Disease Control and Prevention, about why the plateau persists. “As long as it’s going up, it has not ended. It’s got to come down for it to end,” he said. Rutherford offered two reasons why the disease is persisting: a certain percentage of people still must go out to work, and others are getting fed up with staying at home. A significant part of the population has chosen not to say home or has been unable to do so because they’re essential workers manning supermarkets, meat processing plants, prisons and nursing homes.

A CDC study estimated that around April 1, about two weeks into a regional stay-at-home order, nearly 50% of residents in five Bay Area counties were still leaving home, down from 80% in late February. “That’s still 50%,” Rutherford said, adding that people can still get infected even if they limit their trips outside the home to buy a loaf of bread at the supermarket. Essential workers who must leave home — people working in the food industry, making deliveries and staffing medical facilities — are among those contracting the coronavirus. A UC San Francisco study of thousands of residents and workers in the city’s Mission District found that 57% of those tested must leave their homes for work, and those who had to leave home to work accounted for 90% of the positive cases.

Nearly 89% of those who tested positive earn less than $50,000 a year, and most live in households with three or more people. While Latinos made up 44% of those tested, they accounted for more than 99% of the positive COVID-19 cases. Many residents and workers in the Mission District are employed in essential services such as agriculture, construction, manufacturing, restaurants, grocery stores and janitorial and domestic services, the university said. Staying home, the researchers said, clearly seemed to make a difference.

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Ambrose Evans Pritchard quotes a “London cardiologist friendly to Boris”:

“We discharged known, suspected and unknown cases into care homes which were unprepared with no formal warning that the patients were infected, no testing available, and no PPE to prevent transmission.”

Real UK Care Home Death Toll Double Official Figure (G.)

More than 22,000 care home residents in England and Wales may have died as a direct or indirect result of Covid-19, academics have calculated – more than double the number stated as passing away from the disease in official figures. Academics at the London School of Economics found that data on deaths in care homes directly attributed to the virus published by the Office for National Statistics significantly underestimated the impact of the pandemic on care home residents and accounted for only about four out of 10 of the excess deaths in care settings recorded in recent weeks in England and Wales. ONS statisticians said on Tuesday that 8,314 people had died from confirmed or suspected Covid-19 in English care homes up to 8 May.

The figures suggest the impact of the virus in care homes is finally reducing. They are based on reports filed directly from care home operators to the regulator, the Care Quality Commission. Care Inspectorate Wales has said Covid was confirmed or suspected in a further 504 cases in homes up to the 8 May in Wales. But academics at the care policy and evaluation centre at the LSE found that when excess deaths of other care residents and the deaths of care home residents from Covid-19 in hospitals are taken into account, the toll that can be directly and indirectly linked to the virus pandemic is likely to be more than double the current official count.

[..] Care homes have been running at 10% to 20% staff absence rates and many homes have been trying to isolate residents in their rooms to reduce infection spread, but this can also make their normal care more difficult and residents’ needs less visible.

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Well, if you put them all together and insert known patients, no wonder. Do the same with younger people and you get the same result.

Pensioners 34 Times More Likely To Die Of COVID19 Than Working Age Brits (G.)

As Britain edges back to work and employees consider the risks of moving beyond lockdown, official figures underscore that working-age Britons are 34 times less likely to die of coronavirus than over-65s. About 12% of all deaths relating to Covid-19 have occurred among those under 65 – a total of 4,066 deaths. Most victims have been in the over-65 category, accounting for 30,978 fatalities. There have been 8.4 deaths per 100,000 people among the under-65 category, which rises to 286 deaths per 100,000 in the over-65 group, meaning pensioners are 34 times more likely to die of the illness. The contrast is even starker in data concerning those under 45. According to the Office for National Statistics figure, there have been just 401 deaths in this age group – one death for every 100,000 people, or around 1% of the overall death toll.

However, age is just one of the factors that will affect a person’s vulnerability to the virus. Research has shown that ethnicity, deprivation, pre-existing health conditions and occupation also contribute to an individual’s risk of dying. The death rate among the working population differs by gender. The death rate for men is 9.9 per 100,000 people and 5.2 per 100,000 women. This may also be driven by the death rate in particular occupations, as some workers appear to be more vulnerable depending on exposure to the virus.

Death rates among some minority ethnic groups are also disproportionately high, according to a report by the Institute for Fiscal Studies. It found the death rate among British black Africans and British Pakistanis from coronavirus in English hospitals was more than 2.5 times that of the white population. Guardian reporting also found that areas with high BAME populations tended to have higher death rates.

New data released by the ONS on Monday showed for the first time that people in low-paid manual jobs were at much greater risk of dying from Covid-19. Men in low-paid jobs were almost four times more likely to die from coronavirus than professionals, with 21.4 deaths per 100,000 people, compared with 5.6 among white-collar male workers, according to the analysis. Jobs which were found to have high death rates included security guards, care workers, construction workers, plant operatives, cleaners, taxi drivers, bus drivers, chefs and retail workers. Commenting on the findings, Professor Neil Pearce, a professor of epidemiology at the London School of Hygiene and Tropical Medicine, said: “The observations are almost certainly due to … exposure to people….”

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Probably a lowball, but very far from herd immunity.

Only 4.4% of French Population Infected By Coronavirus (R.)

A study led by the Pasteur Institute says a mere 4.4% of the French population – or 2.8 million people – have been infected by the novel coronavirus, much higher than the official count of cases but way too low to achieve so-called “herd immunity”. In a study published on Wednesday in the journal Science, researchers say the infection rate in the worst-hit parts of France – the eastern part of the country and the Paris region – is between 9 and 10 percent on average. “Around 65% of the population should be immune if we want to control the pandemic by the sole means of immunity”, the study says. Herd immunity refers to a situation where enough people in a population have immunity to an infection to be able to effectively stop that disease from spreading. The rate of infection was measured by the Pasteur Institute as of May 11, the day when France started to unwind its almost two-month-long national lockdown.


“As of a consequence, our results show that, without a vaccine, the herd immunity alone will not be enough to avoid a second wave at the end of the lockdown. Efficient control measures must thus be upheld after May 11”, researchers say. France’s overall death toll from the virus rose to 27,074 on Wednesday, the fifth-highest in the world, and total number of cases officially stood at 177,700, the seventh-highest total. The Pasteur Institute also said the lockdown put in place on March 17 in France led to a drastic decline of the coronavirus’ reproduction rate, going from 2.9 to 0.67 over the 55-day virtual standstill of the country. A Spanish study also published on Wednesday showed similar results, saying about 5% of the country’s population had contracted the disease and that there was no herd immunity in Spain, also emerging progressively for long lockdown.


Large sero-survey in Spain with 60,000 participants shows ~5% of population tested positive for #coronavirus antibodies, 11% in region with highest incidence (Madrid)
1) Infection fatality rate ~1.2%
2) Herd immunity is not an option

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Why then have a law that says you can’t drive through city center at 200 mph? Same difference. “I will not give up my freedom for your safety”.

Wisconsin Supreme Court Strikes Down State’s Stay-at-Home Order (NBC)

The Wisconsin Supreme Court on Wednesday struck down the state’s stay-at-home order during the coronavirus pandemic as “unlawful, invalid, and unenforceable” after finding that the state’s health secretary exceeded her authority. In a 4-3 ruling, the court called Health Services Secretary Andrea Palm’s directive, known as Emergency Order 28, a “vast seizure of power.” The order directed all people in the state to stay at home or at their places of residence, subject only to exceptions allowed by Palm, the ruling says. The order, which had been set to run until May 26, also restricted travel and business, along with threatening jail time or fines for those who don’t comply.


The ruling says the judges weren’t challenging Democratic Gov. Tony Evers’ emergency powers, but the decision effectively undercuts his administration and forces him to work out a compromise with the Republican-controlled Legislature. One of the dissenting justices, Rebecca Dallet, said her conservative colleagues in the majority were the ones who were exceeding their authority, and she noted precedent for Palm’s directives — a monthslong stay-at-home order during the 1918 Spanish Flu pandemic. “This decision will undoubtedly go down as one of the most blatant examples of judicial activism in this court’s history,” she said. “And it will be Wisconsinites who pay the price.” [..] During oral arguments, Justice Rebecca Bradley suggested that the order amounted to “tyranny,” and at another point, she referred to Japanese Americans’ internment during World War II.

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A protest meeting.

72 People In Wisconsin Test Positive After Attending ‘Large Gathering’ (DM)

More than 70 people in Wisconsin have tested positive for coronavirus after admitting they attended a ‘large gathering’ in the state – around the same time that thousands of protesters were pictured ignoring social distancing and shunning face masks at a mass anti-lockdown rally. The state’s Department of Health Services (DHS) confirmed that 72 individuals who were diagnosed with the deadly virus on or after April 26 had all attended a large gathering not long before their diagnosis. ‘We were able to pull some limited data – out of 1,986 cases with onset/diagnosis on or after 4/26, there were seventy-two cases who reported attending a large gathering,’ DHS spokesperson Jennifer Miller told The Progressive.


Two days earlier on April 24, thousands of protesters gathered outside Wisconsin’s capitol building in Madison demanding Democratic Governor Tony Evers reopen the state for business. It marked one of the largest anti-lockdown rallies to take place across the country. At the time there were 5,356 confirmed cases of coronavirus in Wisconsin and 262 people had died. As of Wednesday, cases have almost doubled to 10,611 and the death toll has reached 418. [..] ‘Possible exposures during protests haven’t been specifically added to the database because we already ask about large gatherings,’ Miller told The Progressive. ‘Contact tracers do ask if patients attended mass gatherings, but not specifically about protests, so there’s really no data on who may have contracted COVID-19 at a protest.’ Miller added: ‘No, it doesn’t specifically state that the 72 were at a rally, but this is the data we have.’

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Right before they go on the ventilator.

36.6% of COVID19 Patients In NY Study Develop Acute Kidney Injury (R.)

Over a third of patients treated for COVID-19 in a large New York medical system developed acute kidney injury, and nearly 15% required dialysis, U.S. researchers reported on Thursday. The study was conducted by a team at Northwell Health, the largest health provider in New York state. “We found in the first 5,449 patients admitted, 36.6% developed acute kidney injury,” said study co-author Dr. Kenar Jhaveri, associated chief of nephrology at Hofstra/Northwell in Great Neck, New York, whose findings were published in the journal Kidney International. Acute kidney injury occurs when the kidneys fail and become unable to filter out waste. Of those patients with kidney failure, 14.3% required dialysis, Jhaveri said in a phone interview.


The study is the largest to date to look at kidney injury in COVID-19 patients. It may be helpful, Jhaveri said, as other hospitals face new waves of patients with the disease caused by the novel coronavirus that has infected more than 4.3 million people and killed over 295,000 globally. Several groups have noted increased rates of kidney failure among patients with COVID-19. Jhaveri and colleagues set out to quantify it by combing through medical records of 5,449 COVID-19 patients hospitalized between March 1 and April 5. They found that kidney failure occurred early on, with 37.3% of patients arriving at the hospital with failing kidneys, or developing the condition within the first 24 hours of being admitted. In many cases, the kidney failure occurred around the time severely ill patients needed to be placed on a ventilator, Jhaveri said.

Read more …

Canada’s not doing well.

Ontario Redeploys Educators Into Nursing Homes, As One Records 56 Deaths (R.)

The Canadian province of Ontario is allowing its education staff, including teachers and custodians, to voluntarily redeploy into the province’s long-term care homes, the provincial government said on Wednesday, as the coronavirus outbreak at just one Toronto-area home alone has killed dozens. Coronavirus deaths in long-term care nursing homes account for 815 of 1,765 total deaths in Ontario, Canada’s most populous province, according to provincial data released on Wednesday. Camilla Care Community recorded 56 deaths, according to the home’s owner, Sienna Senior Living, on Wednesday. The regional health authority reported 179 residents and 39 staff have tested positive at the facility.


In March, Ontario closed schools in an effort to stop the spread of the virus, requiring many educators and other staff to leave their jobs. This latest redeployment focuses on training and moving any employees who volunteer into nursing homes. Ontario has previously moved workers from hospitals into long-term care homes, and Wednesday’s announcement expands the province’s support for the facilities, which have been hit hard by the virus. The province also issued an emergency order on Wednesday morning, allowing the provincial government to issue mandatory management orders to any long-term care home struggling to deal with an outbreak.

Read more …

Not just care homes, poor parts of town as well.

Why Are So Many People Getting Sick And Dying In Montreal From Covid-19? (G.)

Springtime in Montreal is normally a cause for celebration. After the city’s long, arduous winters, people emerge from the confines of their apartments at the first inkling of warmth to lounge in parks and on patios – or terrasses – and enjoy a meal, beverage and the company of friends. Not this year. Montreal, a city touted by tourist guides as “North America’s Europe” for its rich culture and joie de vivre, is Canada’s centre for Covid-19. Of the entire country’s 70,000 cases and 5,000 deaths, the city of 2 million people has 20,000 cases and more than 2,000 deaths, or about 64% of the entire province’s death toll. Those numbers have catapulted Quebec into an unfavourable position: it is now the seventh deadliest place in the world for daily coronavirus deaths, according to Quebec newspaper La Presse.


[..] Earlier this month, the province admitted that its effort to manage staffing shortages by moving workers around the long-term care network could be spreading the virus. Montreal North feels the consequences of that. One in five Montrealers infected with Covid-19 are healthcare workers – none of whom are receiving danger pay. In Montreal North, 23% are infected, said community organizer Will Prosper. “It’s these people who are still taking care of us, when not too long ago they were the people who we wanted to kick out,” said Prosper.

Read more …

Just a bigger casino.

COVID-19 Bailout Gave Wall Street a No-Lose Casino (Taibbi)

The $2.3 trillion CARES Act, the Donald Trump-led rescue package signed into law on March 27th, is a radical rethink of American capitalism. It retains all the cruelties of the free market for those who live and work in the real world, but turns the paper economy into a state protectorate, surrounded by a kind of Trumpian Money Wall that is designed to keep the investor class safe from fear of loss. This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain. This is a fresh take on a long-developing dynamic. Dating to the late Eighties, when then-Fed-chief Alan Greenspan slashed interest rates after the 1987 stock-market crash, there’s been an understanding that the government would be there to help Wall Street back on its feet in hard times.

[..] What’s happening in the COVID-19 crisis is the next step: a financial bubble where the Fed isn’t the cleanup mechanism, but the source of the mania itself. While the real economy is seeing record disruptions, Wall Street has seen prolonged rallies of “rational exuberance” over the Fed’s decision to usher in “QE infinity” and essentially ban losing in finance capitalism. Though this is a Trump bill — El Pompadour is so determined that the CARES Act be remembered as his work, he fought to get his signature on relief checks — it passed unanimously, by voice vote in the House, and 96-0 in the Senate. Talk to Democrats on the Hill and they will tell you this is a bailout to be cheered and supported, nothing like the 2008 rescue. This time is different, the argument goes: Three-quarters of the money goes to real people.

[..] Technically, “only” about $500 billion of the congressionally passed rescue package goes to “big business.” Moreover, the big-business aid ostensibly comes with a range of draconian-sounding conditions barring greedy hijinks, meaning no layoffs, no stock buybacks, no big bonuses, etc., if companies want the handout. The loophole comes via $454 billion created as part of that big-business package. This “emergency fund” will be dumped into a “special-purpose vehicle” used to backstop further lending by the Federal Reserve. That $454 billion is designed to grow by a factor of 10 or more. “We can lever up to $4 trillion,” said Steve Mnuchin, playing the “free-spending Goldman Sachs-trained Treasury secretary” role that apparently is a prerequisite for financial-disaster narratives in modern America.

Read more …

Lovely.

FBI Accidentally Reveals Name Of Saudi Embassy Official Suspected In 9/11 (Y!)

The FBI inadvertently revealed one of the U.S. government’s most sensitive secrets about the Sept. 11 terror attacks: the identity of a mysterious Saudi Embassy official in Washington who agents suspected had directed crucial support to two of the al-Qaida hijackers. The disclosure came in a new declaration filed in federal court by a senior FBI official in response to a lawsuit brought by families of 9/11 victims that accuses the Saudi government of complicity in the terrorist attacks. The declaration was filed last month but unsealed late last week. According to a spokesman for the 9/11 victims’ families, it represents a major breakthrough in the long-running case, providing for the first time an apparent confirmation that FBI agents investigating the attacks believed they had uncovered a link between the hijackers and the Saudi Embassy in Washington.

It’s unclear just how strong the evidence is against the former Saudi Embassy official — it’s been a subject of sharp dispute within the FBI for years. But the disclosure, which a senior U.S. government official confirmed was made in error, seems likely to revive questions about potential Saudi links to the 9/11 plot. It also shines a light on the extraordinary efforts by top Trump administration officials in recent months to prevent internal documents about the issue from ever becoming public. “This shows there is a complete government cover-up of the Saudi involvement,” said Brett Eagleson, a spokesman for the 9/11 families whose father was killed in the attacks. “It demonstrates there was a hierarchy of command that’s coming from the Saudi Embassy to the Ministry of Islamic Affairs [in Los Angeles] to the hijackers.”

Still, Eagleson acknowledged he was flabbergasted by the bureau’s slip-up in identifying the Saudi Embassy official in a public filing. Although Justice Department lawyers had last September notified lawyers for the 9/11 families of the official’s identity, they had done so under a protective order that forbade the family members from publicly disclosing it. Now, the bureau itself has named the Saudi official. “This is a giant screwup,” Eagleson said.

Read more …

Or should the FBI be held in contempt?

US Judge Asks If Michael Flynn Should Be Held In Contempt (R.)

A U.S. judge on Wednesday signaled reluctance to allow the Justice Department to drop its criminal prosecution of Michael Flynn, tasking a retired judge with advising on whether the former Trump administration official should face an additional criminal contempt charge for perjury. In a short written order, U.S. District Judge Emmet Sullivan in Washington asked John Gleeson, a former federal judge in New York, to present arguments in the case as an amicus curiae, or friend of the court. Sullivan said he was seeking Gleeson’s recommendation on whether Flynn should face a criminal contempt charge for perjury because he testified under oath that he was guilty of lying to the FBI but then reversed course and said he had never lied. Sullivan also said he wanted Gleeson to make the case for why a motion to dismiss the Flynn case filed by the Justice Department last week should be rejected.


The Justice Department’s bombshell May 7 decision to drop its case against Flynn came on the heels of growing pressure from Trump and Trump’s political allies who repeatedly accused the FBI of improprieties in how it handled the investigation. Up until that point, the Justice Department had staunchly defended the FBI’s actions in the case. Flynn, a retired Army lieutenant general who served as an adviser to Trump during the 2016 campaign, pleaded guilty in 2017 to lying to the FBI about his interactions with Russia’s U.S. ambassador Sergey Kislyak in the weeks before Trump took office. However, later in the case he switched lawyers and tactics, accusing the FBI of tricking him and seeking to have his guilty plea withdrawn.

Read more …

Appointed by President Ronald Reagan, Patrick M. McLaughlin served as the U.S. Attorney for the Northern District of Ohio from 1984-1988 and as an assistant U.S. attorney from 1978 to 1984.

Flynn Case Requires Letting The Sun Shine On Comey And Mueller (McLaughlin)

For most Americans, it must be absolute confusion trying to decipher truth from non-truth as charges and countercharges are leveled by the Democrats and Republicans, and the media weigh in on the Lt. Gen. Michael Flynn case. My suggestion is to ignore the talking heads and read the DOJ’s 20-page motion to dismiss the criminal information against Flynn, and all the exhibits attached to that motion. Then, you will have the facts necessary to come to an informed opinion. I have done that, so let me give a primer. The DOJ determined that “continued prosecution of this case would not serve the interests of justice” because the interview of Flynn by the FBI was unjustified by the FBI’s counterintelligence investigation into Flynn, since that investigation “had yielded an ‘absence of any derogatory information.’”

The DOJ is unpersuaded that Flynn’s interview “was conducted with a legitimate investigative basis” and does not believe that Flynn’s statements “were material even if untrue.” In addition, in consideration of all the evidence “including newly discovered and disclosed information,” the government doubts that it can prove “either the relevant false statements or their materiality beyond a reasonable doubt.” The motion, plus 86 pages of exhibits, provides evidence, at best, of the dereliction of duty by the FBI under James Comey and, at worst, possible criminal misconduct. Only a full disclosure of all relevant information, documents, and testimony under oath by participants will satisfy the right of Americans to have the evidence we deserve in order to form our opinions unfiltered by the talking heads. Let the real facts fall where they may.

[..] When you review the DOJ’s filing, put yourself in Flynn’s shoes and consider how you would feel if the government treated you in the same manner and, to top it off, hid material exculpatory information from your defense team and the court. Overlay on that: How would you handle it if legal fees had wiped you out financially and the agents and prosecutors were threatening to indict a member of your family to pressure you to cave? The conduct of Comey’s FBI, of the Special Counsel, and of some at Main Justice should be placed under the microscope of a truth-seeking, nonpartisan inquiry with the interests of the nation in mind. Find out what happened and why — then fix it.

Read more …

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May 032020
 


Wyland Stanley Pedestrians ascending steep grade, San Francisco 1940

 

The US Just Reported Its Deadliest Day For Coronavirus (CNBC) /span>
For Many COVID19 Patients Symptoms Last More Than A Month (BI)
Women, Children Just As Likely To Get COVID19, Men Have Worse Symptoms (F.)
Half Of All New UK Infections Last Week Were Among Healthcare Workers (O.)
Is Sweden’s Covid-19 Handling a Failure or a Success?
New Mexico Governor Quarantines Entire Town Over Coronavirus Outbreak (JTN) /span>
Saudi To Take ‘Strict, Painful’ Measures To Deal With Coronavirus Impact (R.)
Italy’s Daily Coronavirus Death Toll Jumps, New Cases Stable (R.)
French Coronavirus Strain Did Not Come From China Or Italy (SCMP)
France Set To Impose 14-Day Coronavirus Quarantine For Travellers (R.)
European Leaders Join Forces To Combat COVID19 (PA)
China Faces Economic Reckoning As World Turns Against Globalisation (SCMP)
PPP Program Was Not Designed To Help Small Business (BI)
The Coronavirus Is Rewriting Our Imaginations (NYer)
Warren Buffett Sold All His Airline Stocks (MF)
Buffett Says: ‘Never Bet Against America’ (F.)

 

 

• A record 2,909 Americans died of Covid in last 24 hrs;

• U.S. CDC reports 1,092,815 coronavirus cases, 64,283 deaths

• Russia had 10,633 new cases in 24 hours for the first time

 

 

 

 

Cases 3,500,652 (+ 83,170 from yesterday’s 3,417,482)

Deaths 245,048 (+ 5,153 from yesterday’s 239,895 )

 

 

 

From Worldometer yesterday evening -before their day’s close-

 

 

From Worldometer – Among Active cases, Serious/Critical fell to 2%

 

 

From SCMP:

 

 

From COVID19Info.live:

 

 

 

 

Yeah, sure, open it all up.

The US Just Reported Its Deadliest Day For Coronavirus (CNBC) /span>

The United States just had its deadliest day on record due to the coronavirus as states across the country begin to ease restrictions meant to curb the spread of the virus, according to data published by the World Health Organization. The U.S. saw 2,909 people die of Covid-19 in 24 hours, according to the data, which was collected as of 4 a.m. ET on Friday. That’s the highest daily Covid-19 death toll in the U.S. yet, based on a CNBC analysis of the WHO’s daily Covid-19 situation reports. Before May 1, the next highest U.S. daily death toll was 2,471 reported on April 23, according to the WHO. State officials have previously warned that data on Covid-19 deaths are difficult to analyze because they often represent patients who became ill and were hospitalized weeks ago.


The country’s deadliest day comes as state officials weigh reopening parts of the economy and easing stay-at-home orders. Public health officials and epidemiologists have warned that as the public grows fatigued by restrictions and businesses reopen, the virus could spread rapidly throughout communities that have yet to experience a major epidemic. Protesters in at least 10 states on Friday demanded that the government lift stay-at-home orders and other emergency measures put in place to slow the spread of the coronavirus. Among the states that saw protests are California, Colorado, Delaware, Florida, Illinois, New Jersey, New Mexico, New York, Tennessee and Washington.

Dozens of states have unveiled reopening plans and several, including Georgia, South Carolina, Tennessee and Texas, have already begun to allow nonessential retailers to reopen. New York state, which has reported more than 27% of all confirmed cases in the U.S., according to data compiled by Johns Hopkins University, has borne the brunt of the U.S. outbreak so far. The state has reported at least 24,039 of the country’s 65,173 Covid-19 deaths, according to Hopkins. The toll of the deadliest day of Covid-19 in the U.S. rivals that of the September 11, 2001 terrorist attacks, which claimed the lives of 2,973 people in one day, according to a government commission.


The WHO data differs from data collected by the U.S. Centers for Disease Control and Prevention, which does not report historical daily Covid-19 deaths. The CDC’s site says that 2,349 people died in the U.S. of Covid-19 on May 1. However, the agency warns that its data might not be complete. CDC spokeswoman Kate Grusich told CNBC that the agency’s data is “validated through a confirmation process with jurisdictions.” “CDC does not know the exact number of COVID-19 illnesses, hospitalizations, and deaths for a variety of reasons,” the agency says, adding that asymptomatic patients, delays in reporting and limited testing make it difficult to accurately track the data.

Read more …

More to add to the “We know nothing about the virus” pile.

For Many COVID19 Patients Symptoms Last More Than A Month (BI)

When Lauren Nichols felt a dry, burning sensation in her throat, her first instinct was to laugh it off. “I joked at the start that I was a baby dragon in the making and I was going to be on ‘Games of Thrones,’” she said. A few hours later, she developed diarrhea. The next day, she had a low-grade fever, accompanied by body aches and pounding headaches. A week and a half later, Nichols started feeling short of breath. Just climbing a step ladder made her winded. “I usually walk about 5 to 6 miles a day and I’m very active, very healthy,” she said. “That was sort of my wake up call that this isn’t normal. There’s something going on.”

Nichols, who is 32 years old, got tested for the coronavirus on March 17 in Boston, Massachusetts, where she lives. Her test was positive, but her symptoms still haven’t gone away: Friday was day 51 of her illness. Nichols is still recovering at home. Not a day has passed in which she didn’t have diarrhea. Her appetite has disappeared, she sweats and shivers through the night, and there’s a rattling in her chest. Her second coronavirus test came back positive again on April 20. She is one of a growing number of young coronavirus patients with mild or moderate cases who have reported being sick for more than a month.

Three other patients under 40 gave Business Insider similar accounts of their illnesses. That contradicts guidance from the US Centers for Disease Control and Prevention, which has suggested that mild coronavirus symptoms typically last for 14 days. For severe or critical patients, the World Health Organization reports, recovery can last up to six weeks. But the limited nature of data about patients in recovery so far means we don’t have much information about how long symptoms typically last. In scientific studies, patients who are considered “recovered” are usually those who have been discharged from the hospital. Since mild cases are encouraged to stay home, they’re less likely to be reflected in that research.

Read more …

Also new information.

Women, Children Just As Likely To Get COVID19, Men Have Worse Symptoms (F.)

n analysis of COVID-19 cases in Shenzhen, China, found that infection rates in young children were no lower than the population average, and that women were roughly equally represented as men, but men were 2.5 times as likely to exhibit severe symptoms. The analysis of cases identified by the Shenzhen Center for Disease Control from January 14 to February 12 included 187 men and 204 women—but the men were 2.5-times more likely to have severe symptoms like respiratory or organ failure, according to the study, which was published Monday in The Lancet. Though children were less likely to develop severe symptoms, they were infected at the same rate as their adult counterparts, though the average age of those who tested positive for the disease was 45.


It took five days, on average, for patients in the study to manifest symptoms of COVID-19, but contact tracing and extensive testing reduced identification time to three days, as the study also looked at 1,286 close contacts of the 391 COVID-19 patients. Only 9% of the patients showed severe symptoms at their first doctor evaluation. On average, each patient infected 0.4 others with coronavirus, and 11.2% of these infections were among housemates; though researchers note this number is observational, it suggests that the “disease that will quickly die out instead of spreading” and is so low due in part “to the Shenzhen CDC’s efforts to detect and isolate the index cases and their contacts.” However, not all cases are created equal: 8.9% of patients known as superspreaders caused 80% of infections among contacts, which could “relatively easily reignite outbreaks.”

Read more …

Never mind, just call them HEROES and you’re fine. Q: at what point do you get to be called a failed state?

Half Of All New UK Infections Last Week Were Among Healthcare Workers (O.)

British scientists are racing to try to answer fundamental questions about the Covid-19 virus and its transmission before the lifting of the current national lockdown is approved by the government in the near future. Researchers say relaxing social distancing should occur only once it is understood why new infections of the disease are still being diagnosed in their thousands every day. Such a rate means efforts to test and trace infected contacts – a key plank in the government’s anti-Covid strategy in coming months – would be quickly overwhelmed. Far more information is needed about the way the coronavirus is transmitted, they say. The new data will feed into the debate about the settings in which lockdown will be lifted first – for instance, whether it’s relatively safe to stage outdoor events.

And last week, several groups launched studies aimed at providing answers. These include projects to analyse how virus-laden aerosols behave in the air in a bid to understand how the disease is passed between humans. In addition, other schemes will target healthcare workers to investigate how the virus is being spread to them from patients and then on to others. The importance of this latter approach was revealed in recent figures for cases of Covid-19 which have shown a drop in numbers of new cases in hospitals but reveal significant rises among health and social care workers. This point was stressed by epidemiologist Anne Johnson at University College London. She said cutting transmissions of Covid-19 to health and social care workers had now emerged as a major priority.

“Half of all new infections reported last week were among healthcare workers,” she told the Observer. “This has now become the leading edge of the spread of the disease.” Lack of protective equipment and clothing may have worsened the situation, she added. “However, what is certain is that care workers are still at risk from their patients from whom they can pick up the virus and, in turn, pass it on to their colleagues, to their own families and possibly to other patients. We need to focus on limiting the spread of Covid-19 among health and social care workers as an absolute priority if we want to have a chance of bringing this epidemic to a halt.”

Read more …

I don’t really see how to call it a success.

Is Sweden’s Covid-19 Handling a Failure or a Success? (Mish)

Sweden did not have a hard lockdown like its neighbors although people were advised to work from home when possible. It also banned nursing home visits on April 7. Sweden says its model worked, but Numbers Suggest a Different Story. Sweden’s Covid-19 deaths per capita are 3 to 6 times its Nordic neighbors.

 

On a per capita basis, Sweden’s Covid-19 deaths are 3 to 5.5 times the other Nordic countries. Sweden has just over 3 times the death rate of Denmark. But note Denmark’s population density disadvantage of 138:25. Success is in the eyes of the beholder. A death rate 5.5x is acceptable to some but not others. But Sweden has a ton of pressure to under-report Covid deaths. I would be shocked if they didn’t. Regardless, one can easily look at this data, ignore the undercounts (perhaps even factor some in), and conclude Sweden did the right thing.

Read more …

This is going to lead to real life battles.

New Mexico Governor Quarantines Entire Town Over Coronavirus Outbreak (JTN)

New Mexico Gov. Michelle Grisham on Friday formally quarantined the entire town of Gallup, a decision she said came at the request of the city’s mayor as the municipality battles a rapidly spreading COVID-19 outbreak. In a press release on the New Mexico state website, the governor’s office announced Grisham had invoked New Mexico’s Riot Control Act, which the state said grants her the authority to “enact further temporary restrictions to mitigate the uninhibited spread of COVID-19.” The order shuts down all roads to and from Gallup. Businesses are ordered to be closed from 5 p.m. until 8 a.m. No more than two individuals may ride in a car at the same time.


And residents are urged to remain in their homes “except for emergency outings and those essential for health, safety and welfare.” Per state law, emergency declarations of this type only last three days. Grisham’s order is set to expire on May 4. In her Apr. 30 letter to Grisham, then-Gallup Mayor Jackie McKinney, who that same day was succeeded as mayor by Louis Bonaguidi, urged Grisham to enact the order to counteract the “unprecedented health crisis” the virus posed to her city and the surrounding county. McKinley County, in which Gallup is located, has seen 20 deaths from the coronavirus out of a little over 1,000 confirmed cases.

Read more …

Saudi Arabia is becoming a hit fast.

Saudi To Take ‘Strict, Painful’ Measures To Deal With Coronavirus Impact (R.)

Saudi Arabia will take strict and painful measures to deal with the economic impact of the coronavirus pandemic, the finance minister said on Saturday, adding that “all options for dealing with the crisis are open”. “We must reduce budget expenditures sharply”, Mohammed al-Jadaan said in an interview with Al Arabiya TV, adding that the impact of the new coronavirus on Saudi Arabia’s state finances will appear from the second quarter of the year. “Saudi finances need more discipline and the road ahead is long,” he said. One measure would be to slow down government projects, including mega-projects, to reduce spending, he said.


The world’s largest oil exporter is suffering from historically low oil prices, while measures to fight the coronavirus are likely to curb the pace and scale of economic reforms launched by Crown Price Mohammed bin Salman. Saudi Arabia’s central bank foreign exchange reserves fell in March at their fastest rate in at least 20 years, hitting their lowest level since 2011, while the kingdom slipped to a $9 billion budget deficit in the first quarter as oil revenue collapsed. Jadaan said last month that Riyadh could borrow $26 billion more this year while it would draw down up to $32 billion from its foreign reserves to finance the deficit. On Saturday Jadaan told Al Arabiya Saudi Arabia had used some revenue from investments to plug the deficit, and that the crisis presented investment opportunities.

Read more …

Ease a little and then flare back up.

Italy’s Daily Coronavirus Death Toll Jumps, New Cases Stable (R.)

Deaths from the COVID-19 epidemic in Italy jumped by 474 on Saturday, against 269 the day before, the Civil Protection Agency said, posting the largest daily toll of fatalities since April 21. The steep increase in deaths followed a long, gradual declining trend and was due largely to Lombardy, the country’s worst affected region, where there were 329 deaths in the last 24 hours compared with just 88 the day before. The daily tally of new infections was broadly stable for a third day running at 1,900 against 1,965 on Friday.


The total death toll since the outbreak came to light on Feb. 21 now stands at 28,710, the agency said, the second highest in the world after that of the United States. The number of confirmed cases amounts to 209,328, the third highest global tally behind those of the United States and Spain. People registered as currently carrying the illness fell to 100,704 from 100,943 on Friday. There were 1,539 people in intensive care on Saturday, slightly down from 1,578 on Friday and maintaining a long-running decline. Of those originally infected, 79,914 were declared recovered against 78,249 a day earlier.

Read more …

“..the ancestor of Sars-CoV-2, the virus causing COVID19, might have left bats between 50 and 70 years ago..”

French Coronavirus Strain Did Not Come From China Or Italy (SCMP)

The coronavirus outbreak in France was not caused by cases imported from China, but from a locally circulating strain of unknown origin, according to a new study by French scientists at the Institut Pasteur in Paris. Genetic analysis showed that the dominant types of the viral strains in France belonged to a clade – or group with a common ancestor – that did not come from China or Italy, the earliest hotspot in Europe. “The French outbreak has been mainly seeded by one or several variants of this clade … we can infer that the virus was silently circulating in France in February,” said researchers led by Dr Sylvie van der Werf and Etienne Simon-Loriere in a non-peer reviewed paper released on bioRxiv.org last week.

The Covid-19 pandemic has infected more than 128,000 people in France and caused more than 23,000 deaths. France detected the virus in late January, before any other country in Europe. A few patients with a travel history that included China’s Hubei province were sampled on January 24 and tested positive. Benjamin Neuman, professor and chair of biological sciences with the Texas A&M University-Texarkana, said the French strains might have come from Belgium, where some sequences most closely related to the original strain from China were clustered.

“Since the earliest European strains of [the coronavirus] Sars-CoV-2 seem to be associated with Belgium, the idea that the virus spread from Belgium to both Italy and France at around the same time seems plausible, as this paper contends,” he said. France is the latest in a growing number of countries and areas where no direct link between China and local outbreaks could be established. The dominant strains in Russia and Australia, for instance, came from Europe and the United States, respectively, according to some studies.

[..] Some prominent scientists, including Francis Collins, director of the US National Institutes of Health, said the virus might have been spreading quietly in humans for years, or even decades, without causing a detectable outbreak. The virus had thus adapted well to the human body. Some genes regulating its binding to host cells were similar, or even identical, to those found in some other highly infectious human viruses, such as HIV and Ebola. According to some estimates, the ancestor of Sars-CoV-2, the virus causing Covid-19, might have left bats between 50 and 70 years ago. A recent study by a team of geneticists in Oxford University estimated the first outbreak of the current pandemic could have occurred as early as September last year.

Read more …

That’s at the very least 3 months too late.

France Set To Impose 14-Day Coronavirus Quarantine For Travellers (R.)

Travellers to France, including French citizens returning home, will face a compulsory two-week quarantine and possible isolation when they arrive in the country to help slow the spread of coronavirus, the health minister said on Saturday. France, which has been the fifth-hardest hit country with 24,594 deaths from COVID-19, is preparing to gradually lift lockdown measures from May 11. The new quarantine rules, however, will be included in a decree specifying measures laid out in a bill extending a state of emergency until July 24, a move that allows the government to restrict freedom of movement.


“This quarantine will be imposed on any person returning on French soil,” Health Minister Olivier Veran told a press briefing after the weekly cabinet meeting. He said the duration and conditions of both quarantine for asymptomatic people and isolation for those showing symptoms of COVID-19, the flu-like disease caused by the new coronavirus, would be defined in a decree to be published. Decisions to isolate people would be scrutinised by judges to ensure they are justified and fair, he added. It was not immediately clear whether the quarantine would only apply to people arriving from outside Europe’s open-border Schengen area, whether they would need to self-isolate at home or in hotels, and for how long the measures would be in place.

Read more …

Incompetence as an official statement.

Many of these countries have strong medicine industries. And only now …..

European Leaders Join Forces To Combat COVID19 (PA)

European leaders have pledged to raise billions of pounds to help find a vaccine and treatments for Covid-19 as part of an “international alliance” fighting the disease. An online pledging conference due to be held on Monday will aim to pull in raise €7.5bn in funding to support the global response to the coronavirus pandemic. Writing in the Independent newspaper, the leaders of France, Germany, Italy and Norway and senior EU officials said the outbreak had “caused devastation and pain in all corners of the world”. They said responding to the “global challenge” required “bringing together the world’s best – and most prepared – minds to find the vaccines, treatments and therapies we need to make our world healthy again”.


This would accompany “strengthening the health systems that will make them available for all, with a particular attention to Africa”. The politicians declared their support for the World Health Organization (WHO) and backed the recent launch of the “Access to Covid-19 Tools (ACT) Accelerator”. The “global cooperation platform” aims to accelerate research, development, access and distribution of a Covid-19 vaccine and other treatments, the leaders wrote, adding that it has “laid the foundation for a real international alliance to fight Covid-19”. Money pledged through the online conference on Monday will make up a global funding “shortfall” estimated by the Global Preparedness Monitoring Board (GPMB) – an independent monitoring and accountability body that ensures preparedness for global health crises – and others.

Read more …

“One of the more worrying consequences of the coronavirus..”?

I think it’s one of the few positives.

China Faces Economic Reckoning As World Turns Against Globalisation (SCMP)

One of the more worrying consequences of the coronavirus is that it looks likely to become a catalyst for deglobalisation. At the centre of this will be the decoupling of the Chinese economy with developed economies and the US in particular. The world’s three largest free economies – the European Union, the United States and Japan – are all drawing up separate plans to lure their companies out of China. EU trade commissioner Phil Hogan has called on companies to consider moving away from China; US President Donald Trump’s top economic adviser Larry Kudlow has said the government should pay the costs of American firms moving manufacturing back from China onto US soil; and Tokyo has unveiled a US$2.2 billion fund to tempt Japanese manufacturers back to Japan or even to Southeast Asia.


Meanwhile, bills are piling up in the US Congress aimed at reducing America’s reliance on Chinese supply chains and pushing for a decoupling of the world’s two largest economies. While these are recent moves, the truth is the debate on globalisation – and deglobalisation – began more than a decade ago in the wake of the global financial crisis of 2008. After decades of globalisation in trade, capital flows and even people-to-people exchanges, the trend has reversed over the past decade as trade and financial integration stalled.

Read more …

I changed the headline to reflect what the article inadvertently says.

PPP Program Was Not Designed To Help Small Business (BI)

As the federal government’s aid to businesses affected by the coronavirus pandemic has gone out, a curious new breed of public moralizer has emerged: the wealthy businessman or their political allies angry at businesses getting money that isn’t “meant for them.” People are angry at larger companies that participate in the Paycheck Protection Program, a loan fund created by the CARES Act and administered through banks and the Small Business Administration to help ease the economic pain of the pandemic. The program is designed to give generous loans that would cover 2.5 times the monthly payroll of a qualified business and that loan would then be forgiven if they were spent on a few categories of expenses — most notably paying employees.

The program has been castigated by critics across the political spectrum for a slew of issues, most notably for letting larger companies participate who may not seem like a “small business.” In particular, this criticism is directed at companies that are publicly traded and thus might be able to tap to the equity markets for funding. But it’s not a failing of the PPP that some larger companies got money — the program was designed to include them and, if the purpose of it was to protect employment, then letting a wider as opposed to a narrower range of companies participate could be helpful. The PPP, despite getting another infusion of $320 billion on top of the $349 billion already disbursed, has clearly been underfunded and, second, its actual goal of protecting employment has been confused with its marketing as a way to assist sympathetic small businesses.

The PPP deliberately designed its rules so that large restaurants could access the funding, leading to name brands like Shake Shack, steakhouse chain Ruth’s Chris, sandwich chain Potbelly and others getting checks. This stirred up substantial opprobrium as many truly small businesses have received nothing so far. After the uproar, Shake Shack founder Danny Meyer and the company’s chief executive Randy Garutti took to LinkedIn to say that the burger chain would give back its $10 million loan, while the sushi chain Kura Sushi said it would return its $6 million in PPP funding, along with Ruth’s Chris. None of these companies are “small businesses,” but their qualification under the plan isn’t a “loophole” — it was deliberate. The Treasury’s guidance specifically says that hotels and restaurants get special treatment under the plan, specifically that the standard is that if there are 500 or fewer employees per location, not for the entire business.

“Few, if any restaurants in America employ more than 500 people per location. That meant that Shake Shack — with roughly 45 employees per restaurant – could and should apply to protect as many of our employees’ jobs as possible,” Meyer and Garutti wrote on LinkedIn. Marcus Lemonis, the CNBC host and Camping World chief executive, has been on the warpath against public companies who’ve participated, tweeting, “We will not and cannot accept this… it’s go time… as the largest shareholder of a public company I cannot stand by and watch this… public companies can sell equity or raise debt,” and “These companies have alternative avenues of raising capital…. no excuses… and I will make it my mission to find out why.”

Read more …

“.. “we” includes many other creatures and societies in our biosphere and even in ourselves. Even as an individual, you are a biome, an ecosystem, much like a forest or a swamp or a coral reef. ”

The Coronavirus Is Rewriting Our Imaginations (NYer)

The critic Raymond Williams once wrote that every historical period has its own “structure of feeling.” How everything seemed in the nineteen-sixties, the way the Victorians understood one another, the chivalry of the Middle Ages, the world view of Tang-dynasty China: each period, Williams thought, had a distinct way of organizing basic human emotions into an overarching cultural system. Each had its own way of experiencing being alive. In mid-March, in a prior age, I spent a week rafting down the Grand Canyon. When I left for the trip, the United States was still beginning to grapple with the reality of the coronavirus pandemic. Italy was suffering; the N.B.A. had just suspended its season; Tom Hanks had been reported ill.

When I hiked back up, on March 19th, it was into a different world. I’ve spent my life writing science-fiction novels that try to convey some of the strangeness of the future. But I was still shocked by how much had changed, and how quickly. Schools and borders had closed; the governor of California, like governors elsewhere, had asked residents to begin staying at home. But the change that struck me seemed more abstract and internal. It was a change in the way we were looking at things, and it is still ongoing. The virus is rewriting our imaginations. What felt impossible has become thinkable. We’re getting a different sense of our place in history. We know we’re entering a new world, a new era. We seem to be learning our way into a new structure of feeling.

[..] Margaret Thatcher said that “there is no such thing as society,” and Ronald Reagan said that “government is not the solution to our problem; government is the problem.” These stupid slogans marked the turn away from the postwar period of reconstruction and underpin much of the bullshit of the past forty years. We are individuals first, yes, just as bees are, but we exist in a larger social body. Society is not only real; it’s fundamental. We can’t live without it. And now we’re beginning to understand that this “we” includes many other creatures and societies in our biosphere and even in ourselves. Even as an individual, you are a biome, an ecosystem, much like a forest or a swamp or a coral reef.

Your skin holds inside it all kinds of unlikely coöperations, and to survive you depend on any number of interspecies operations going on within you all at once. We are societies made of societies; there are nothing but societies. This is shocking news—it demands a whole new world view. And now, when those of us who are sheltering in place venture out and see everyone in masks, sharing looks with strangers is a different thing. It’s eye to eye, this knowledge that, although we are practicing social distancing as we need to, we want to be social—we not only want to be social, we’ve got to be social, if we are to survive. It’s a new feeling, this alienation and solidarity at once. It’s the reality of the social; it’s seeing the tangible existence of a society of strangers, all of whom depend on one another to survive. It’s as if the reality of citizenship has smacked us in the face.

Read more …

The real patriot. Watch airline shares Monday morning. He owned 10 or so of each company.

Warren Buffett Sold All His Airline Stocks (MF)

Warren Buffett has bailed on the airlines, with Berkshire Hathaway selling its entire stakes in Delta Air Lines, Southwest Airlines, American Airlines and United Airlines. Airline stocks have been hard hit by the COVID-19 pandemic, with travel demand all but evaporating. Most airline stocks have lost half of their value or more this year as a result, with the industry now focused more on survival than earnings growth. Speaking at Berkshire’s annual meeting on Saturday, Buffett said he did not sell due to the declining share prices. Rather, “I just decided that I’d made a mistake.” The announcement is sure to put further pressure on airline shares, as investors have made a lot of money over the years doing as Buffett does. But is the Oracle of Omaha right this time around?

Berkshire has a long and turbulent history with the airlines. Three decades ago, he bought shares in USAir (now part of American) but ended up writing off much of that investment. In 2001, he swore off the industry, declaring that “if capitalists had been present at Kitty Hawk when the Wright brothers’ plane first took off, they should have shot it down.” But in recent years he warmed to the sector, becoming one of the largest shareholders in each of the four biggest U.S. airlines. The industry in the late 2000s went through a period of restructuring and consolidation that reduced the number of competitors chasing every passenger and allowing all the remaining participants to be more profitable.

Buffett was so enamored with airlines that in 2019 he broke one of his cardinal rules and allowed Berkshire’s position in Delta, and then Southwest, to climb above the 10% threshold. Crossing 10% led to Berkshire having to make more disclosures about its stakes in those carriers, which back in early April gave us our first hints Berkshire was selling.

Read more …

He doesn’t want it to be a crowded trade.

Buffett Says: ‘Never Bet Against America’ (F.)

Billionaire investor Warren Buffett, speaking at Berkshire Hathaway’s first-ever virtual shareholders meeting on Saturday, said that he is optimistic that the U.S. economy can bounce back and overcome coronavirus. While Buffett admitted that “we haven’t faced anything that quite resembles this problem” before, he said that the United States has “faced tougher problems” and overcome them in the past. “I remain convinced… nothing can basically stop America,” he said. “The American miracle, the American magic has always prevailed and it will do so again.” Buffett acknowledged that the virus is “still hard to evaluate” and “we’re learning as we go along,” though he says that he does take solace in the fact that it is “not as lethal as it may have been.”

While he is optimistic about America’s economic future, Buffett said that the fallout from coronavirus is still unclear—and hard to compare to past crises: “In 2008-2009, our economic train went off the tracks,” he described. “This time, we just pulled the train off the tracks and put it on a siding.” The Oracle of Omaha took a big-picture view to demonstrate his optimism about the economy: The United States today is “an incredibly more wealthy country than we were in 1789.” He calculated that the net worth of the United States in 1789 amounted to around $1 billion, while the wealth of the country today is well over $100 trillion: “That’s mind blowing,” he said. “In the end, the answer is: Never bet against America,” Buffett said.

BIG NUMBER: $49.75 BILLION That’s how much Buffett’s investing conglomerate, Berkshire Hathaway, lost in the first quarter. The company reported a massive net loss of nearly $50 billion, as the coronavirus-driven market sell-off took a significant toll on the company’s stock holdings. U.S. economic activity plunged during the first quarter, with GDP contracting by 4.8%—the biggest downturn since the 2008 financial crisis. The benchmark S&P 500 index had fallen over 30% by late March, before recouping some of those losses in April: It’s now down 13% so far in 2020.

Read more …

 

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Mar 092020
 


 

‘Fake Wealth’ Set To Pop (ABR)
Global Markets Plunge 7-8%, Oil Falls 30% To $30 (G.)
Goldman Cuts Brent Forecasts To $30 On Price War, Virus (R.)
Gig Economy Workers Can’t Afford To Be Ill (G.)
Plummeting Oil Prices And Mortgage Rates Could Boost Consumers (CNBC)
More Countries Will Adopt Italy’s Measures – Austria PM (G.)
Leaked Italy Quarantine Plans Create Chaos, Threaten To Spread Virus (ZH)
Charities Preparing To Feed Children If Schools Shut Over Coronavirus (G.)
NYC Asks Commuters to Stay Off Public Transit ‘If You Can’ (NBC)
A Perfect Storm Of Nationalism And Financial Speculation (Varoufakis)
Tyre Wear Produces 1,000 Times More Harmful Pollution Than Car Exhausts (BW)
Putin Saves Erdogan From Himself (Escobar)
Fiona Hill Says Putin Has America ‘Exactly Where He Wants Us’ (CNN)

 

 

As I wrote yesterday in The Virus is a Time Machine, it’s not about the number of deaths or cases, it’s about the disruption. Today, stock markets are down 7-8%, and oil plummeted 30% to $30. At your service. “Fake Wealth” is popping, say some.

Italy has an oversized role today so far, but there are a number of countries that could take off at any time now. As I said in that article, US, Germany, France, Spain appear to be in a phase where for instance Italy was about a week ago.

Something odd about the numbers today is that COVID2019.app puts South Korea at 8,100 cases, while the other two have it at around 7,400. It must be hard getting the numbers right, and on time.

 

Cases 110,607 (+ 4,120 from yesterday’s 106,487)

Deaths 3,831 (+ 231 from yesterday’s 3,600)

 

From Worldometer yesterday evening (before their day’s close)

 

 

 

From SCMP:

 

 

From Worldometer:

 

 

From COVID2019.app:

 

 

 

 

Smart cookie.

‘Fake Wealth’ Set To Pop (ABR)

Sharemarket and property investors are about to experience a reckoning that sweeps away the pretence of “fake wealth and artificial economy”, Lucerne Investment Partners portfolio manager Jerome Lander says. In a note to clients issued on Monday, Mr Lander said investors were “reacting in horror to the reality of the coronavirus as it begins its exponential growth around the world”. His note came as the Australian sharemarket was experiencing its biggest one-day fall since the global financial crisis, with the S&P/ASX 200 plunging 6 per cent to a 14-month low of 5840.90 amid a collapse in oil prices. “This is a truly frightening pandemic with significant ramifications which much of the developed world is unlikely to cope with well,” Mr Lander said.

“The reality is ICUs [intensive care units] are likely to be overrun around the world and people will increasingly seek to avoid social contact and hide at home in order to avoid contracting the deadly virus.” Mr Lander said a 10 per cent ICU admission rate for Italy’s 1492 cases of coronavirus was a “truly horrifying statistic”. Underlying economic weaknesses was being expose, he said. “One bubble after another is at risk of popping, as the fake wealth and artificial economy of the last few years explodes in the face of a devastating global recession.” With sharemarkets now “crashing, with delusional housing prices likely to follow”, he predicted central banks would shortly attempt to restore order to financial markets through so-called quantitative easing.

“Unlimited QE is likely but won’t help alter the destruction from the pandemic,” Mr Lander said. “These are truly dangerous times for all investors, but particularly for those holding large amounts of overvalued equity and property assets at fake economy prices.”

Read more …

Trillions upon trillions in fake wealth are going POOF. And the central banks that created the fake wealth will throw more fake money at the walls.

Global Markets Plunge 7-8%, Oil Falls 30% To $30 (G.)

Global stock markets have suffered their biggest falls since the 2008 financial crisis while the oil price crashed amid panic selling because of the double threat of a coronavirus-driven global recession and an oil price war. The FTSE 100 index in London plunged 8.5% to 5,911 points, losing 550 points, when trading began on Monday morning. Germany’s Dax tumbled 7.5% and Spain’s Ibex lost 7%. Asian markets also recorded huge losses as fears over the world economy were exacerbated by the shock decision by Saudi Arabia over the weekend to ramp up oil production in an attempt to drive rivals such as Russia and the US out of the market.

The price of Brent crude oil fell almost 30% to $31.14 on Monday, its biggest decline since the start of the Gulf war in 1991. Some experts expect it to fall further unless the Saudis and Russians return to the bargaining table. Turmoil spread on international markets as the coronavirus epidemic deepened around the world. Italy, the worst-hit country in Europe, was plunged into chaos as government plans to quarantine more than 16m people – more than a quarter of its population – were leaked to the media. Italian bond yields jumped on Monday. The number of people infected by coronavirus worldwide has passed 110,000.

Stock markets in Asia Pacific experienced the worst wave of selling since the collapse of Lehman Brothers in 2008 heralded the onset of the global financial crisis. With fears growing of a recession in Australia because of the virus, the Australian share market closed down 7.4%. The Nikkei in Japan fell more than 5%, while Hong Kong’s Hang Sen lost 3.9% and the Shanghai stock exchange dropped just over 3%. US 10-year government bond yields fell to fresh record lows and the Japanese yen and gold soared as investors rushed into safe haven investments.

Read more …

Putin stopped supporting MbS. Isn’t that a good thing? How much do we like MbS?

Goldman Cuts Brent Forecasts To $30 On Price War, Virus (R.)

Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a significant collapse in oil demand due to the coronavirus that has killed more than 3,500 globally. Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slashing its selling prices and pledging to unleash its pent-up supply onto a market reeling from falling demand because of the virus outbreak. “The aggressive cut to Saudi’s Official Selling Prices and Russia’s reluctance to be pushed into a deal on Friday point to a low probability of an immediate (OPEC+) agreement,” Goldman said in a note dated March 8.

A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts and OPEC responded by removing all limits on its own production. “While we can’t rule out an OPEC+ deal in coming months, we also believe that this agreement was inherently imbalanced and its production cuts economically unfounded,” the bank said. Goldman’s base case is now for no such deal, it said. Goldman’s base case is now for no such deal, it said. Lower oil prices will start creating acute financial stress and declining production from shale as well as other high cost producer, the bank said.

There will be a negligible response from U.S. shale producers in the second quarter, but output will fall in the third quarter by 75,000 barrels per day (bpd) and a further 250,000 bpd in the fourth quarter of 2020, the bank said. This will not prevent, however, a third-quarter supply surplus of 1.2 million bpd. “At that point, the fundamental rebalancing could require oil prices falling to operational stress levels for high-cost producers with well-head cash costs near $20/bbl,” it said.

Read more …

Home deliveries are set to double, but the people working the field don’t get paid anything. The future’s so bright…

Gig Economy Workers Can’t Afford To Be Ill (G.)

Shane Stephen, a Deliveroo rider, pulls a snood over his mouth and nose as he manoeuvres his mountain bike down a narrow side-street in central London. It is his makeshift defence against coronavirus. “If I catch something I’m screwed,” explains the 23-year-old. “Gig economy workers can’t afford to be ill. My bank balance is literally £4 something right now.” Stephen – like tens of thousands of other couriers and drivers in the UK – is classed as self-employed and therefore not entitled to any sick pay. He stands to gain nothing from Boris Johnson’s pledge last Wednesday to give coronavirus-hit workers statutory sick pay from the first day off work rather than the fourth. Yet Stephen and other gig economy couriers could be called on to deliver food and other essentials to self-isolating households when the virus reaches its peak.

Some industry analysts foresee the number of home deliveries doubling if people are told to work from home and avoid large gatherings under the government’s so-called social-distancing strategy, which will kick in if the virus continues to spread across the country. Unions representing gig economy workers, such as the GMB and Independent Workers Union of Great Britain (IWGB), fear couriers with coronavirus symptoms may keep working. “Many will carry on because they need to put food on the table and pay the rent. They will then come into contact with other people and spread the virus,” says Mick Rix from the GMB, which represents thousands of couriers. “This would be going against everything the government is trying to achieve at the moment.”

[..] Josh Lane (not his real name) jumps into his DPD Local van after making a delivery in Tottenham. He cleans his hands with hand sanitiser. “I’m in a rush, but I’m doing my bit,” he says through the rolled-down window. However, the 30-year-old cannot afford to stop work if he contracts the virus. “It’s like a flu and I’ve worked through flu before. If you’re self-employed you have to continue working,” he says. “It’s not about me. I’ve got three children. I’m not about to make them starve because of coronavirus. If I’m physically able to work, then isolation is not happening for me.”

Read more …

The kind of stuff that stumps me: “This resiliency of the consumer will once again support equities and most likely show that this current market reaction is a ‘blip’..

These people have zero connection to reality.

Plummeting Oil Prices And Mortgage Rates Could Boost Consumers (CNBC)

As the deadly coronavirus spreads across the globe, oil prices are down 30% for the year and the average rate on the popular 30-year fixed mortgage has fallen to an eight-year low. It’s positive news for consumers in the short term, even as some economists warn that the virus could tip the U.S economy into recession as the outbreak escalates. The drop in mortgage rates and oil prices could boost consumer confidence, which rose less than expected in February just one day after the stock market had one of its worst days amid virus concerns. A boost in consumer confidence, in turn, could ease those recession fears. “The U.S. economy is 70% consumer driven,” said John Kilduff, founding partner of Again Capital.

“A drop in gasoline prices acts like a tax cut, freeing up money to spend in other sectors of the economy, especially discretionary sectors, such as travel and leisure and dining.” The relentless pace of headlines related to the coronavirus, however, could ultimately act as a psychological break on any boost in confidence that low oil prices and mortgage rates might deliver to the consumer. “The question is whether the fear factor attributable to the virus will overwhelm any positive impact from lower gasoline prices and lower mortgage rates,” said Edward Yardeni, president of Yardeni Research. “That’s hard to answer, but it seems to me that fear is winning the tug of war currently as evidenced by the drop in stock prices and the panicky responses of governments, the media … and the public,” he added.

[..] Jeff Kilburg, founder and CEO of KKM Financial, said that the short-term reaction to lower oil prices will translate into lower prices at the pump for Americans, and that in combination with historically low mortgage rates will provide substantial strength for consumers in the second quarter. “This resiliency of the consumer will once again support equities and most likely show that this current market reaction is a ‘blip,’ not the end of this bull market … and certainly not the beginning of a recession,” Kilburg said.

Read more …

Absolutely right. Will I be able to get to Greece in time?

More Countries Will Adopt Italy’s Measures – Austria PM (G.)

Austria’s chancellor has said other European countries will be forced to adopt containment measures as drastic as Italy’s, after Rome placed a quarter of the population in lockdown in an effort to halt the rapid spread of the coronavirus. As the head of the World Health Organization praised Italy’s “genuine sacrifices”, Sebastian Kurz said the situation in Austria, which has reported 99 Covid-19 cases, was under control and the measures it had adopted were appropriate for the time being. He said EU leaders and health ministers were in close contact over their countries’ handling of the epidemic [..] “It will be important to decide which steps to take when,” Kurz said. “You can close schools for one or two weeks and this is urgently necessary in Italy. It will happen in other European countries. The decisive question is when to do it.”

The difficulty will be in balancing the need to head off a peak in infections that could paralyse public health systems against excessive economic damage, he said. “You have to consider carefully when to adopt these measures, because a national economy cannot handle this over too long a period.” Speaking to French radio, the EU commissioner for the single market, Thierry Breton, said European countries were “each acting according to the latest available data in their countries. The virus has spread faster in some places than in others, so naturally the measures in each differ”. In the US, Anthony Fauci, the head of the infectious diseases unit at the National Institutes of Health, said Americans , and particularly those who are vulnerable, may have to stop attending big gatherings. Nor could large-scale quarantines be ruled out, he said.

The WHO director general, Tedros Adhanom Ghebreyesus, tweeted his appreciation for Rome’s efforts after the government published a decree barring people from entering or leaving vast areas of northern Italy without good reason until 3 April. The quarantine zones are home to about 16 million people and include the regions around Venice and the financial capital, Milan. Cinemas, theatres and museums will be closed nationwide and leave has been cancelled for health workers as the prime minister, Giuseppe Conte, said the country was facing a national emergency.

Read more …

You announce an upcoming travel ban, so what do people do? Travel.

Leaked Italy Quarantine Plans Create Chaos, Threaten To Spread Virus (ZH)

Italians have become inured to alarming news over the past month as the outbreak has spiraled out of control in Lombardy. But following a flurry of uncontrolled leaks warning about an imminent lockdown as part of the government’s planned emergency decree, restaurants and bars started emptying out and many fled to the train station, where they hopped trains to get out of the region, especially those who had plans to travel elsewhere that were being interrupted by the lockdown. According to an SCMP reporter in Padua, packed bars and restaurants quickly emptied out as news of a coming lockdown hit, as many people rushed to the railway station. Travellers with suitcases, wearing face masks, gloves and carrying bottles of sanitising gel shoved their way on to the local train.

This appears to have been a phenomenon across the North. The video shows passengers with large bags packed heading toward a cross-country train to take them out of the quarantine zone and into the Italian south, where the virus has penetrated, but infection numbers and deaths remain much lower than in the north. This could be terrible news for the impoverished south: experts have repeatedly warned that southern Italy – best known as an agricultural and fishing center rife with organized crime – doesn’t possess the medical infrastructure to handle a surge in life-threatening cases of pneumonia. While Andrew Cuomo has repeatedly insisted during his seemingly never-ending series of press conferences that the panic is worse than the virus itself, in Italy, the situation is rapidly deteriorating on both fronts.

One epidemiologist described the series of panic-provoking leaks as “pure madness.” Fortunately, Italian markets were closed during the panic, and now people have more or less accepted the new rules. But at this point, the horse is already out of the barn. Panicked Italians are now traveling around the country, potentially bringing the virus with them. “The draft of a very harsh decree is leaked, sparking panic and prompting people to try and flee the [then] theoretical red zone, carrying the virus with them,” wrote Italian virologist Roberto Burioni on Twitter. “In the end, the only effect is to help the virus to spread. I’m lost for words.”

Read more …

Even before the virus, Britain’s reality is devastating: ““or so many families now, schools are the first line of defence against hunger..“

Charities Preparing To Feed Children If Schools Shut Over Coronavirus (G.)

A charity led by the archbishop of Canterbury is preparing to help feed children if schools are closed by coronavirus, amid fears the withdrawal of free school dinners could leave up to 3 million children at risk of hunger. Feeding Britain, which runs food poverty schemes in 12 areas of England including Cornwall, Leicester, Barnsley and South Shields, is exploring how to set up emergency programmes similar to those used to feed the poorest children during the summer holidays. The Akshaya Patra Foundation, which serves thousands of hot meals to children every summer in London boroughs, is also “prepared to enter crisis mode”, while food projects in Bristol and Huddersfield said they were exploring how their schemes to feed hundreds of children in school holidays could be adapted to help cope with emergency closures.

“For so many families now, schools are the first line of defence against hunger,” said Andrew Forsey, the national director of Feeding Britain, whose president is the Most Rev Justin Welby. “In many cases it is breakfast as well as lunch, so if the schools close it’s two meals we have to find. There is early-stage planning going on around ensuring supplies of food and the extent of voluntary support that could be drawn upon if some schools do need to close.” Downing Street said on Tuesday that school closures would be among “distancing strategies” used if the virus became established in the UK. On Thursday, Italy closed all of its schools and colleges for a month.

[..] An immediate challenge is likely to be finding a way to deliver meals in a way that maintains the distance between people that school closures are meant to achieve. The Bristol project said it could involve delivering food parcels door-to-door. Forsey also said panic-buying that cleared supermarket shelves could hinder efforts as many free meal programmes relied on retailers’ donations.

Read more …

“106 people in New York have confirmed cases of Coronavirus. But- “As of Saturday only about 120 people in New York City had been tested..”

The dumbest advice ever. “Take the next train”.

NYC Asks Commuters to Stay Off Public Transit ‘If You Can’ (NBC)

City and state officials issued new travel suggestions amid growing novel coronavirus cases in the tri-state area. New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio asked sick people to stay off public transit, especially subways and buses. Their warnings included a suggestion to avoid dense crowds on buses, subways and trains, or take alternate travel if possible. “If you take the subway and you are able to wait for a less packed train, please do. If you have the option of walking or biking, please do. Buses can be crowded too, but less than subways, so please use these if you can,” de Blasio said. “Move to a train car that is not as dense. If you see a packed train car, let it go by. Wait for the next train. Same if you’re taking a bus,” Cuomo said.


Avoiding public transit is not an option for most New Yorkers and they’re not afraid to let the mayor know. “Happy to ride a bike to work. Can you make it so people don’t die in Queens while biking? Vehicular deaths are a public health crisis too,” one Twitter user said in response to de Blasio’s announcement. In the city’s other effort to stop the spread of COVID-19, transit workers started to disinfect subway turnstiles, station handrails, MetroCard and ticket vending machines daily and other frequently used parts of the system, according to a statement from Transport Workers Union President Tony Utano. The deep clean extends to Long Island Rail Road, Metro-North and Access-A-Ride services as well. In addition to the daily cleaning, the MTA says its full fleet of subway trains and buses will undergo sanitization every 72 hours.

Read more …

I think Yanis is getting ahead of himself. What the situation will be once the pandemic is over is so murky right now we must all be very cautious about predicting anythig.

A Perfect Storm Of Nationalism And Financial Speculation (Varoufakis)

Nationalism and speculation have seldom had a better opportunity to combine forces as the one riding today on the coattails of Covid-19, known as the coronavirus. When Covid-19 leapfrogged from China to Italy, even ardent Europeanists normally appreciative of open borders joined the deafening calls to end freedom of movement across Europe’s national borders – a longstanding demand of nationalists. Meanwhile, the money men speculating on government debt are performing a classic flight from Italian to German government bonds, seeking the financial safety that only the continent’s hegemon can offer during any crisis. As if in a bid to remind us of the great contradiction of our times, Covid-19 is illuminating gloriously the freedom of money to transcend a borderless financial universe while humans remain as fenced in as ever.

Meanwhile in the United States, President Trump is combining his standard call for taller walls with a fresh instruction to moneymen to “buy the dip” in Wall Street, rather than to follow their natural instinct to seek refuge in the boring but safe bond markets. A great deal will depend on whether financiers believe Mr Trump or not, and not just because this is an election year. If speculators do believe the American president, Wall Street will recover swiftly even before the epidemic subsides. The forces of xenophobic financialisation will then have triumphed and America’s progressives will face an uphill struggle on every political front. As for the European Union, ruling elites will breathe a sigh of relief that a new depression was avoided and return to managing as best as they can the economic stagnation of recent times, tinged this time with a large dose of additional, coronavirus-reinforced, xenophobia.

Will Wall Street follow Mr Trump’s advice to “buy the dip”? For now, the large players are in two minds. The drop in the stock market does not worry them as such. Their concern is that the recent bull market was running on increasingly suspect debt and that Covid-19 may have pricked a bubble that was going to burst anyway. Similarly in Europe, the worst spectre hovering over investors’ heads is that large corporations, relying for too long on free money from the European Central Bank, may be downgraded from investment to junk-grade – especially so at a time of stagnant domestic demand and a collapsed Chinese import market.

Read more …

Maybe electric cars should run on electric tires?

Tyre Wear Produces 1,000 Times More Harmful Pollution Than Car Exhausts (BW)

Car tyres could be doing more damage to our health than the fumes from exhaust pipes, according to the results from a new test. Measurements found that 5.8 grams per kilometre of harmful particles are emitted by tyres as they wear when a car is being driven. That compares to 4.5 milligrams per kilometer produced from exhaust pipes of the latest vehicles on sale today – meaning harmful tyre outputs are higher by a factor of over 1,000. Assessments were conducted by UK-based experts Emissions Analytics, which specialises in calculating the pollution produced by cars in real-world driving.


The type of emissions tyres have been found to produce is harmful particulate matter that is almost impossible to see with the naked eye. It’s made up of microscopic solids or liquid droplets that are so small that they can be inhaled and cause serious health problems. Particles less than 2.5 micrometers in diameter – also known as PM2.5 – pose the greatest risk to our health. Exposure can affect both the lungs and heart, with numerous scientific studies linking them to a variety of problems. This includes premature death in people with heart or lung disease, nonfatal heart attacks, irregular heartbeat, aggravated asthma, decreased lung function and wider respiratory symptoms.

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But there are videos of Turkish troops destroying Greek fences to let migants pass. Erdogan is in Brussels today.

Putin Saves Erdogan From Himself (Escobar)

At the start of their discussion marathon in Moscow on Thursday, Russian President Vladimir Putin addressed Turkish President Recep Tayyip Erdogan with arguably the most extraordinary diplomatic gambit of the young 21st century. Putin said: “At the beginning of our meeting, I would like to once again express my sincere condolences over the death of your servicemen in Syria. Unfortunately, as I have already told you during our phone call, nobody, including Syrian troops, had known their whereabouts.” This is how a true world leader tells a regional leader, to his face, to please refrain from positioning his forces as jihadi supporters – incognito, in the middle of an explosive theater of war. The Putin-Erdogan face-to-face discussion, with only interpreters allowed in the room, lasted three hours, before another hour with the respective delegations.

In the end, it all came down to Putin selling an elegant way for Erdogan to save face – in the form of, what else, yet another ceasefire in Idlib, which started at midnight on Thursday, signed in Turkish, Russian and English – “all texts having equal legal force.” Additionally, on March 15, joint Turkish-Russian patrolling will start along the M4 highway – implying endless mutating strands of al-Qaeda in Syria won’t be allowed to retake it. If this all looks like déjà vu, that’s because it is. Quite a few official photos of the Moscow meeting prominently feature Russian Foreign Minister Sergey Lavrov and Defense Minister Sergey Shoigu – the other two heavyweights in the room apart from both Presidents. In the wake of Putin, Lavrov and Shoigu must have read the riot act to Erdogan in no uncertain terms.

That’s enough: now behave, please – or else face dire consequences. A predictable feature of the new ceasefire is that both Moscow and Ankara – part of the Astana peace process, alongside Tehran – remain committed to maintaining the “territorial integrity and sovereignty” of Syria. Once again, there’s no guarantee that Erdogan will abide. It’s crucial to recap the basics. Turkey is deep in financial crisis. Ankara needs cash – badly. The lira is collapsing. The Justice and Development Party (AKP) is losing elections. Former prime minister and party leader Ahmet Davutoglu – who conceptualized neo-Ottomanism – has left the party and is carving his own political niche. The AKP is mired in an internal crisis.

Erdogan’s response has been to go on the offensive. That’s how he re-establishes his aura. Combine Idlib with his maritime pretensions around Cyprus and blackmail pressure on the EU via the inundation of Lesbos in Greece with refugees, and we have Erdogan’s trademark modus operandi in full swing. In theory, the new ceasefire will force Erdogan to finally abandon all those myriad al Nusra/ISIS metastases – what the West calls “moderate rebels,” duly weaponized by Ankara. This is an absolute red line for Moscow – and also for Damascus. There will be no territory left behind for jihadis. Iraq is another story: ISIS is still lurking around Kirkuk and Mosul.

[..] No NATO fanatic will ever admit it, but once again it was Russia that just prevented the threatened “Muslim invasion” of Europe advertised by Erdogan. Yet there was never any invasion in the first place, only a few thousand economic migrants from Afghanistan, Pakistan and the Sahel, not Syrians. There are no “one million” Syrian refugees on the verge of entering the EU. The EU, proverbially, will keep blabbering. Brussels and most capitals still have not understood that Bashar al-Assad has been fighting al Nusra/ISIS all along. They simply don’t understand the correlation of forces on the ground. Their fallback position is always the scratched CD of “European values.” No wonder the EU is a secondary actor in the whole Syrian tragedy.

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To think there were scores of people who said Hill made so much sense. Very simple questions that remain unanswered: what exactly do the Russians do according to her, and how exactly does that divide Americans? Never an answer, other than “US intelligence believes that…”

Fiona Hill Says Putin Has America ‘Exactly Where He Wants Us’ (CNN)

President Donald Trump’s former top Russia adviser is warning that President Vladimir Putin has America “exactly where he wants us.” “Putin, sadly, has got all of our political class, every single one of us, including the media, exactly where he wants us. He’s got us feeling vulnerable…on edge, and he’s got us questioning the legitimacy of our own systems,” Fiona Hill told CBS’ Lesley Stahl in an interview set to air on “60 Minutes” Sunday. The interview marks the former top White House official’s first since testifying in the impeachment inquiry into Trump. During congressional hearings in the inquiry, Hill warned that the Republican defense of the President — by peddling Ukraine conspiracy theories — was in danger of extending Russia’s meddling in the 2016 US presidential election.

Hill, who left the Trump administration last summer, has studied Russia for decades and is a critical biographer of Putin, authoring or co-authoring a number of books on Russia, including two editions of a book titled “Mr. Putin: Operative in the Kremlin. In the interview, Hill said Russia understands how to exploit American divisions. “The Russians didn’t invent partisan divides. The Russians haven’t invented racism in the United States,” Hill said. “But the Russians understand a lot of those divisions, and they understand how to exploit them.” Russian interference in the last presidential election — which the US intelligence community believes was aimed at boosting Trump’s candidacy and hurting his opponent, Hillary Clinton — led to special counsel Robert Mueller’s investigation.

Part of the election interference included a Russian government-linked troll operation that sought to help Trump’s candidacy and undercut that of Clinton in part by posting messages in support of Sanders. Concerns over the Kremlin’s role in US politics have continued. The US intelligence community has assessed that Russia is interfering in the 2020 election and has separately assessed that Russia views Trump as a leader they can work with. In February, Democratic presidential candidate Sen. Bernie Sanders also said his campaign was briefed about Russian efforts to help his operation. It was unclear how Russia was attempting to help the Vermont senator.

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Today is International Women’s Day. So of course the DNC changes its rules yet again, this time to bar its only remaining female candidate from participating in the next debate.

 


 

 

If you read us, please support us. Allow the Automatic Earth to survive. Donate on Paypal and Patreon.

 

Mar 082020
 


Unknown Daniels-Wells Pontiac, 3055 Broadway, Oakland CA 1938

 

Strongest Evidence Yet That America Is Botching Coronavirus Testing (Atl.)
US Airport Screeners, Health Workers Plagued By Fear And Anger (R.)
One Tests Positive After Conference Also Attended By Trump, Pence, Pompeo (X.)
Nebraska Woman Rushed To Bio-Containment Unit In Specialized Isolation Pod (DM)
Italy To Quarantine Whole Of Lombardy Due To Coronavirus (O.)
Quarter Of Italy’s Population Put In Quarantine (O.)
Head Of Italy Players’ Union Calls For Soccer To Stop (R.)
Lebanon To Default On Foreign Debt Payments For First Time (BBC)
IMF Deal Would Spark ‘Popular Revolution’ In Lebanon – Hezbollah (R.)
US Blocks UN Statement Backing Syria Ceasefire (Ditz)
Top Saudi Royals ‘Arrested For Plotting With Americans Against King’ (RT)
Saudi Arabia Starts All-Out Oil War (ZH)

 

 

 

Cases 106,487 (+ 3,943 from yesterday’s 102,544)

Deaths 3,600 (+ 99 from yesterday’s 3,501)

 

Lovely. North America moves its clock 3 full weeks ahead of Europe. I lose an hour every morning.

Meanwhile, the virus continues its march unabated. In virus time.

 

 

 

From SCMP:

 

 

From Worldometer:

 

 

From COVID2019.app:

 

 

 

 

South Korea has tested 200,000+ people, it says. The Atlantic could only confirm 1,895 tests in the US.

Strongest Evidence Yet That America Is Botching Coronavirus Testing (Atl.)

It’s one of the most urgent questions in the United States right now: How many people have actually been tested for the coronavirus? This number would give a sense of how widespread the disease is, and how forceful a response to it the United States is mustering. But for days, the Centers for Disease Control and Prevention has refused to publish such a count, despite public anxiety and criticism from Congress. On Monday, Stephen Hahn, the commissioner of the Food and Drug Administration, estimated that “by the end of this week, close to a million tests will be able to be performed” in the United States. On Wednesday, Vice President Mike Pence promised that “roughly 1.5 million tests” would be available this week.

But the number of tests performed across the country has fallen far short of those projections, despite extraordinarily high demand, The Atlantic has found. “The CDC got this right with H1N1 and Zika, and produced huge quantities of test kits that went around the country,” Thomas Frieden, the director of the CDC from 2009 to 2017, told us. “I don’t know what went wrong this time.” Through interviews with dozens of public-health officials and a survey of local data from across the country, The Atlantic could only verify that 1,895 people have been tested for the coronavirus in the United States, about 10 percent of whom have tested positive. And while the American capacity to test for the coronavirus has ramped up significantly over the past few days, local officials can still test only several thousand people a day, not the tens or hundreds of thousands indicated by the White House’s promises.


To arrive at our estimate, we contacted the public-health departments of all 50 states and the District of Columbia. We gathered data on websites, and we corresponded with dozens of state officials. All 50 states and D.C. have made some information available, though the quality and timeliness of the data varied widely. Some states have only committed to releasing their numbers once or three times a week. Most are focused on the number of confirmed cases; only a few have publicized the number of people they are capable of testing. The Atlantic’s numbers reflect the best available portrait of the country’s testing capacity as of early this morning. These numbers provide an accurate baseline, but they are incomplete. Scattered on state websites, the data available are not useful to citizens or political leaders. State-based tallies lack the reliability of the CDC’s traditional—but now abandoned—method of reporting.

[..] Our reporting found that the capacity to test for the coronavirus varies dramatically—and sometimes dangerously—from state to state. California claims the highest testing capacity of any state, and has tested the most individuals so far. As of yesterday afternoon, it had tested 516 people, with 53 positive cases, a spokesperson for the Department of Health told us. The department now has the capacity to test 6,000 people every day, and it expects that capacity to expand to 7,400 people a day starting today, the spokesperson said. Washington State, the site of the country’s largest outbreak thus far, can test roughly 1,000 people a day. The state health department’s laboratory can test 100 people a day; the rest of the testing is being done at the University of Washington’s Virology Lab.


Officials have found 70 positive cases in Washington so far, though a genetic study has estimated that there may be hundreds of untested people who have COVID-19 in the greater Seattle area. Oregon, situated between the California and Washington hot spots, can test only about 40 people a day. Texas has 16 positive cases, according to media reports, but the health department’s website still lists only three cases. The Texas Tribune has reported that the state can test approximately 30 people a day.

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Everyone up and down the food chain of command should tell their superiors they’ll do it, but only if he/she will be standing there next to them doing the same job, with the same gear and the same protection.

US Airport Screeners, Health Workers Plagued By Fear And Anger (R.)

As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from getting sick themselves. Screeners with the U.S. Centers for Disease Control and Prevention asked their supervisors this week to change official protocols and require stronger masks, according to an internal document reviewed by Reuters. On Friday evening, they learned their worst fears were realized: Two screeners, both working at Los Angeles International Airport (LAX), had tested positive for the virus. “Sad news,” a senior quarantine official at the CDC wrote in an email Friday evening to colleagues about the two workers.

The email, reviewed by Reuters and not previously reported, said the two screeners will be quarantined until March 17. “Let us keep our colleagues at LAX in our thoughts.” The news was not surprising to some CDC screeners. “It was bound to happen,” said a veteran CDC medical official involved with screening who spoke on condition of anonymity. “They are assuring us we are safe. If we were safe, screeners would not be getting sick.” The struggles within the CDC, an agency that advises the country’s health systems about how to protect people against the virus, underscore the difficulties confronting health workers across the nation and illustrate a challenge for the Trump administration, which has faced criticism over its response to the outbreak.

[..] The CDC recommends that so-called “secondary” screeners, who meet with passengers who have traveled to certain countries, such as China, wear a surgical mask, gloves and eye protection, Nordlund said. Secondary screeners are advised to stand six feet away from passengers they observe and do not wear the sturdier N95 masks, also known as respirators, because they aren’t exposed to symptomatic travelers, she said. N95 masks are designed to protect screeners from the smaller pathogens such as coronavirus which can penetrate deeper into the lungs. According to the U.S. Food and Drug Administration, surgical masks are not designed to block very small particles, such as those transmitted by coughs and sneezes, and do not provide complete protection because of the loose fit.


Nordlund said that CDC’s guidance calls for screeners who meet with people exhibiting obvious signs of illness to wear N95 respirators and other protective gear. But people infected with the coronavirus do not necessarily exhibit obvious signs of illness. “Surgical masks won’t protect us from getting the virus – they just protect us from infecting someone else,” the CDC medical official involved in screening said. “We want to know why we can’t wear N-95 masks. It’s crazy.” “You might as well have a tissue over your face for all the good it will do,” the official added.

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Getting close.

One Tests Positive After Conference Also Attended By Trump, Pence, Pompeo (X.)

An attendee at last week’s Conservative Political Action Conference (CPAC), which U.S. President Donald Trump also attended, has tested positive for COVID-19, the American Conservative Union (ACU) said on Saturday. The exposure occurred prior to the conference held in National Harbor, U.S. state of Maryland, just south of Washington D.C., said the ACU, a conservative grassroots organization, in a statement. A New Jersey hospital tested the person, and the Centers for Disease Control and Prevention (CDC) confirmed the positive result, said the statement. “The individual is under the care of medical professionals in the state of New Jersey, and has been quarantined,” it said. Trump and Vice President Mike Pence spoke at the gathering, which took place from Feb. 26 to Feb. 29.


Also present at the event were a number of administration and cabinet officials, including Secretary of State Mike Pompeo, Health and Human Services Secretary Alex Azar, and newly-appointed White House chief of staff Mark Meadows. White House press secretary Stephanie Grisham said in a statement Saturday that the White House is aware of the attendee testing positive for the virus. “At this time there is no indication that either President Trump or Vice President Pence met with or were in close proximity to the attendee,” Grisham said in a statement. “The president’s physician and United States Secret Service have been working closely with White House Staff and various agencies to ensure every precaution is taken to keep the First Family and the entire White House Complex safe and healthy.”

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Yeah, sure, going for the cheap effect. But this woman is just 36 years old, not 86. Maybe the photo can bring this home.

Nebraska Woman Rushed To Bio-Containment Unit In Specialized Isolation Pod (DM)

In Nebraska, there were dramatic scenes as a woman who tested positive for the virus was rushed from a community hospital to the nation’s leading biocontainment unit at he University of Nebraska Medical Center Omaha. The 36-year-old Nebraska resident was photographed being transported to the facility in a hi-tech isolation pod late Friday. The woman, who is the first person in Nebraska to test positive to coronavirus, is ‘very seriously ill’, according to doctors who spoke with Omaha.com Saturday. A chest CT scan conducted yesterday showed the coronavirus is evolving into acute respiratory distress syndrome (ADRS). The syndrome, which is characterized by a rapid onset of widespread inflammation in the lungs, is often fatal. People with ARDS suffer severe shortness of breath and often are unable to breathe on their own without support from a ventilator.


The woman reportedly traveled to England with her father February 18 to February 27. She began to feel ill on February 25, two days before she flew back to the United States. Doctors say they are still trying to piece together where she went and who she had contact with in the 10 days since she arrived back from overseas. According to doctors, her symptoms were quite mild until this Thursday, when she arrived at a local emergency room. As her condition took a turn for the worse Friday, a decision was made to move her from Omaha’s Methodist Hospital to the to the Nebraska Biocontainment Unit. [..] the woman was place in an isolation pod, made of heavy duty plastic and complete with a dozen ports for ventilators and other tubes. Medics donned plastic face shields, rubber gloves and rain boots as they moved her from the ambulance in a stretcher.


A woman who tested positive with the coronavirus is brought to the University of Nebraska Medical Center on Friday. She was transferred from Omaha’s Methodist Hospital in an isolation pod inside an ambulance ©AP

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Things move fast: mere hours after the closure of Lombardy is reported, a new report says a “Quarter Of Italy’s Population Put In Quarantine” in 11-14 provinces.

Italy To Quarantine Whole Of Lombardy Due To Coronavirus (O.)

The Italian government is to lockdown the northern region of Lombardy, as it battles to contain the spread of the coronavirus. A draft decree would extend the quarantined areas, so-called “red-zones”, ordering people not to enter or leave the region. The country is grappling to contain Europe’s worst outbreak of Covid-19, which has claimed 233 lives and infected a total of 5,883 people. Italian authorities announced that a new decree containing draconian measures would be approved later on Saturday. It will include the power to impose fines on anyone caught entering or leaving Lombardy, the worst-affected region, until 3 April. People may be allowed in and out for serious reasons. The decree provides for banning all public events, closing cinemas, theatres, gyms, discos and pubs. Religious ceremonies such as funerals and weddings will also be banned.


Rome is also considering prolonging the closure of schools across the country until 3 April, while major sporting events, such as Serie A football games, will be played behind closed doors. The number of coronavirus cases in Italy leapt by more than 1,200 in a 24-hour period, the civil protection agency said on Saturday. It is the biggest daily rise since the outbreak began two weeks ago. The number of cases in the country rose to 5,883 on Saturday from 4,636 announced on Friday, with the spread showing little sign of slowing. In total there are now 5,061 cases, not including those who have died or recovered. The northern regions of Lombardy, Emilia-Romagna and Veneto are the hardest hit, representing 85% of cases and 92% of recorded deaths. “We will win this battle if our citizens adopt a responsible attitude and change their way of living,” the head of Italy’s civil protection agency, Angelo Borrelli, told a press conference.

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Ben Hunt: “Italy is a time machine that shows us our future.”

Quarter Of Italy’s Population Put In Quarantine (O.)

Italy has formally locked down more than a quarter of its population in a bid to stop the spread of the novel coronavirus, as the outbreak reached Washington DC and a political convention attended by Donald Trump and Mike Pence. More than 5,800 cases of Covid-19 have been confirmed in Italy, after an alarming increase of more than 1,200 in a single 24-hour period. Two hundred and thirty-three people have died. Almost 100 countries are now responding to outbreaks. In the early hours of Sunday, Italian prime minister Giuseppe Conte signed a decree enacting forced quarantine for the region of Lombardy – home to more than 10 million people and the financial capital, Milan – and multiple other provinces, totalling around 16 million residents.

https://twitter.com/Dr_FarrisD/status/1236057723621568512

Affected provinces include Venice, Modena, Parma, Piacenza, Reggio Emilia, Rimini, Pesaro and Urbino, Alessandria, Asti, Novara, Verbano Cusio Ossola, Vercelli, Padua, and Treviso. The lockdown decree includes the power to impose fines on anyone caught entering or leaving Lombardy, the worst-affected region, until 3 April. It provides for the banning of all public events, closing cinemas, theatres, gyms, discos and pubs. Religious ceremonies such as funerals and weddings will also be prohibited, and leave for healthcare workers has been cancelled. Rome is also prolonging the closure of schools across the country until at least 3 April, while major sporting events, such as Serie A football games, will be played behind closed doors.

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And forget about soccer Eurocup, Olympics etc.

Head Of Italy Players’ Union Calls For Soccer To Stop (R.)

The President of Italy’s players’ union (AIC) has called for soccer to be stopped in the country amid reports that the entire region of Lombardy will be locked down as part of efforts to tackle the coronavirus outbreak. The Italian government has ordered all sporting competitions to be played behind closed doors until April 3 in a bid to control the spread of the disease, which has killed around 200 people in the country. And tough new measures are expected to be approved on Saturday that will tell people not to enter or leave Lombardy, home to around 10 million people, as well as 11 provinces in four other regions.


Damiano Tommasi, head of the players’ union, responded to the news on Twitter by posting a link to the story and issuing a plea to stop games from going ahead. He wrote: “Let’s stop the league!! Do we need anything else? Stop football!!” Tommasi also issued a statement on the AIC website earlier in the day outlining his concerns for players’ welfare. “There is a risk for players and we must take all precautions for the security of those who play: on the pitch you certainly can’t stay at a distance of one meter away. “But every measure must be taken to guarantee the safety of everyone at the stadium, including staff and personnel, to reduce the risks.

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A long time coming.

Lebanon To Default On Foreign Debt Payments For First Time (BBC)

Lebanon is to default on a foreign debt payment for the first time in its history as the country struggles with a major financial crisis. Prime Minister Hassan Diab said Lebanon would not be making a bond payment of $1.2bn due on Monday. “The debt has become bigger than Lebanon can bear, and bigger than the ability of the Lebanese to meet interest payments,” Mr Diab said. Lebanon has been struggling since the value of its currency plummeted. The Lebanese pound has been losing value against the dollar for months, in part because the country’s banks have been reluctant to convert local pounds to dollars – leading to an increase in demand for the latter.


This issue with foreign exchange has led to importers having difficulty accessing goods, which have become more expensive. Those with savings have also been affected by the drop in value of the local currency. In a live televised address on Saturday, Mr Diab said that negotiations to restructure the country’s debt, which stands at more than $30bn, would continue “with all creditors… in a manner consistent with the national interest”. Mr Diab added that more than 40% of the population could soon be in poverty as Lebanon tackles its worst economic crisis in decades.

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From a few days ago, before the default was announced. France is heavily involved. And the IMF deal should be there any moment now.

IMF Deal Would Spark ‘Popular Revolution’ In Lebanon – Hezbollah (R.)

Hezbollah believes that terms required by any IMF bailout package for Lebanon would spark “a popular revolution”, a senior official said on Tuesday, rejecting such a step and calling instead for a “national solution” to a deep economic crisis. Lebanon is in the throes of an unprecedented economic crisis, the result of long-entrenched corruption and bad governance that have landed the state with one of the world’s heaviest public debt burdens. Hezbollah, a heavily armed Shi’ite group which is backed by Iran and designated a terrorist organization by Washington, is one of the main backers of a new government that has sought technical but not financial aid from the International Monetary Fund.


Long-standing financial backer France said last week it was looking at options to support Lebanon, including through an IMF program if Beirut sought one. Hezbollah MP Hassan Fadlallah told Reuters the group was against the type of terms typically imposed by the IMF as part of a bailout such as taxes, privatization, reducing the size of the public sector and halting subsidies. “The position is not toward the Fund as an international financial institution but on the terms offered to Lebanon, because they will lead to a popular revolution,” he said. “Our position is against this type of program and not against the Fund as an organization.”

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Most notable: Erdogan keeps the peace for now.

US Blocks UN Statement Backing Syria Ceasefire (Ditz)

The ceasefire in Syria’s Idlib Province took effect on Friday, and has been holding so far. With every other nation on board, the US blocked a joint UN statement backing the ceasefire, saying it was “premature” to do so. The ceasefire was brokered by Turkey and Russia, and that’s almost certainly the problem from the US perspective. The US broadly refuses to back any Syria agreements Russia is involved in. US officials had also been loudly backing Turkey’s military offensive in Idlib, and probably aren’t happy that Turkey has made a deal not to go to war. US officials weren’t super on board with directly participating in a Turkey-instigated war, but were only too happy to give lip-service to it. Having the UN back a ceasefire, even if it is one not expected to necessarily survive, is usually the norm, though the US may find, in seeking backing for its Afghan deal, they may face similar resistance.

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RT adds a “nice” twist. There are rumors that King Salman has either already died or is about to, and MbS is consolidating his power before his death leads to a revolt.

Top Saudi Royals ‘Arrested For Plotting With Americans Against King’ (RT)

Saudi Arabia’s crown prince has had his relatives arrested for plotting a coup against him and King Salman with the help of “foreign powers, including the Americans,” Western media claim. RT asked Middle East analysts to weigh in. Three senior members of the Saudi Royal family were arrested on Friday, several Western media outlets have reported, citing sources. The list of detainees includes prince Ahmed bin Abdulaziz, the younger brother of King Salman, Mohammed bin Nayef, the king’s nephew and former crown prince, and Nawaf bin Nayef, the younger half-brother of Prince Nayef, as reported by the Wall Street Journal and the New York Times.

Saudi Crown Prince Mohammed bin Salman has allegedly accused them of treason, namely “conducting contacts with foreign powers, including the Americans and others, to carry out a coup d’etat” against King Salman and his son, Reuters, which has also picked up the news, added, citing own sources. While Western media is not above publishing unverified rumors about the ‘regimes’ they dislike, some of which have turned out to be utterly fake, there is no easy way to verify reports on the secretive world of Saudi court affairs. One has to bear in mind the possibility someone in Riyadh has purposefully fed the news to the media. While the reports of the high-profile arrests have yet to be confirmed by Saudi Arabia, they wouldn’t be unprecedented.


The allegations of foreign involvement may be meant for domestic consumption in Saudi Arabia and nothing to do with international politics, believes Sergey Balmasov from the Moscow-based Institute for the Near East. “What other foreign meddler could they have named? Accusing, for example Iran would have not been credible,” he explained. The US has great influence in the Saudi military and intelligence services, thanks to decades of training their members, Balmasov added. So if the US as a nation were actually determined to effect a regime change in Saudi Arabia, “a different person would have now been in the palace.” If the US really needed this, a bloodless coup would have happened already, and I’m sure many Americans wouldn’t have even noticed.

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Sorry, but no. Putin started this by refusing OPEC+ production cuts. Saudi merely reacted to that.

Saudi Arabia Starts All-Out Oil War (ZH)

With the commodity world still smarting from the Nov 2014 Saudi decision to (temporarily) break apart OPEC, and flood the market with oil in (failed) hopes of crushing US shale producers (who survived thanks to generous banks extending loan terms and even more generous buyers of junk bonds), which nonetheless resulted in a painful manufacturing recession as the price of Brent cratered as low as the mid-$20’s in late 2015/early 2016, on Saturday, Saudi Arabia launched its second scorched earth, or rather scorched oil campaign in 6 years. And this time there will be blood.

Following Friday’s shocking collapse of OPEC+, when Russia and Riyadh were unable to reach an agreement during the OPEC+ summit in Vienna which was seeking up to 1.5 million b/d in further oil production cuts, on Saturday Saudi Arabia kick started what Bloomberg called an all-out oil war, slashing official pricing for its crude and making the deepest cuts in at least 20 years on its main grades, in an effort to push as many barrels into the market as possible. In the first major marketing decision since the meeting, the Saudi state producer Aramco, which successfully IPOed just before the price of oil cratered launched unprecedented discounts and cut its April pricing for crude sales to Asia by $4-$6 a barrel and to the U.S. by a whopping $7 a barrel in attempts to steal market share from 3rd party sources, according to a copy of the announcement seen by Bloomberg.


In the most significant move, Aramco widened the discount for its flagship Arab Light crude to refiners in north-west Europe by a hefty $8 a barrel, offering it at $10.25 a barrel under the Brent benchmark. In contrast, Urals, the Russian flagship crude blend, trades at a discount of about $2 a barrel under Brent. Traders said the Saudi move was a direct attack at the ability of Russian companies to sell crude in Europe. Confirming the obvious, Iman Nasseri, managing director for the Middle East at oil consultant FGE said “Saudi Arabia is now really going into a full price war.”

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