Miscellaneous News

Chevalier

Major
Registered Member

hifisnow

Junior Member
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In a fragmenting global order, former Japanese leader urges pivot to China​

Yukio Hatoyama says the two powers should work together against ‘US arrogance’ and expand coalitions with like-minded nations​

This guy is one of the 5% of somewhat decent Japanese and somebody like him would never come to power again. I guess the Yamato nation just hates reality.
 

AssassinsMace

Lieutenant General

This is a case of I’ll believe it when I see it. Europe ain’t breaking with the US. It comes down to the money. Europe has been using the American military as their military. They haven’t really had to pay for it. Breaking with the US they would have to have a robust military sufficient enough to get what they want in the world which cost money. They want the world to conform to their wishes too. It’s not like they keep to their own business. They need a military to do that. Look at the shape Europe is in now when they have basically a freebie in the US as their enforcer to uphold their values onto the world. They see the world in the same way as Americans do. And they certainly don’t like the idea of China as powerful as it is now. The world’s garden has few strategic resources of their own. Plus they’re the OG of what they don’t like about the US today. It doesn’t help either when they basically are in denial of their past in which today they still have their beliefs in the own entitlements over everyone else oh but now it’s for what’s best for all. Just like what they believed when they were the OG back then.
 

FriedButter

Brigadier
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Brent oil tops ($119.80) after Trump says he will blockade Iran until it agrees to a nuclear deal​

Oil prices jumped more than 6% on Wednesday, after President Donald Trump said he will maintain the U.S. naval blockade against Iran until they agreed to a nuclear deal.

International benchmark Brent crude futures rose about 6% to close at $118.03 per barrel. U.S. West Texas Intermediate futures advanced nearly 7% to settle at $106.88 per barrel.

“The blockade is somewhat more effective than the bombing,” Trump told Axios on Wednesday. “They are choking like a stuffed pig, and it is going to be worse for them. They can’t have a nuclear weapon.”

Attempts to continue negotiations to end the war have stalled in recent days. Iran has refused to reopen the Strait of Hormuz until the U.S. lifts its blockade. Tehran’s control of the strait has choked off oil exports from the Middle East.

Energy market participants were also digesting the ramifications of the United Arab Emirates’ abrupt decision to quit OPEC, although analysts said the move was likely to have a limited market impact given the ongoing Middle East crisis.

Strategists at Dutch bank ING said in a research note published Wednesday that the UAE’s exit from the oil producer group represents “a big blow” to OPEC and would certainly be welcomed by Trump “as it erodes OPEC’s influence in the oil market, while it should also be beneficial for importers and consumers.”

“However, in the near term, the biggest driver for oil prices remains developments in the Persian Gulf and the timing of a resumption in oil flows through the Strait of Hormuz,” they added.

It took several weeks but Wall Street finally stopped listening to the state propaganda that Axios publishes every weekend. They tried to do it again last weekend. Oil prices in the futures dropped but instead of lasting a few days. It immediately recovered all the losses after the drop.
  1. Publish an article on the weekend that Iran is giving concessions and negotiations.
  2. Iran rejects the reports
  3. Oil prices dump on Monday
  4. Wall Street realizes nothing happens
  5. Oil prices raises back up by Friday
  6. Repeat Step 1.
The cycle broke. State propaganda is no longer working at Axios.
 

iewgnem

Captain
Registered Member
As a follow up, this is the U.S. geostrategy, to hoard and corner the market for all the mineral ores that China needs to produce the rare earths and metals

It's pretty cute Americans think they can prevent China from buying minerals with just $300M a year of medical aid, an amount China can match with only 0.025% of trade surplus, and almost certainly far less at Chinese drug prices. China can even get Americans to pay for it anyway by raising US export prices by 0.1%.

It's even funnier when you realize the whole purpose of this aid is to funnel money to American pharma companies for their grossly overpriced drugs. The only outcome of this is Zambia switching to Chinese drugs, get pissed at Americans, China secures mineral access, US pharma loses subsidies, and there's a good chance their HIV rate will actually start dropping without portion of US funding that actually goes toward spreading HIV.
 
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