Miscellaneous News

pmc

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this second outburst in Africa. Macron should concentrate on rescuing French engineering without global input.
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In Cameroon, the French president argued that “too often,” African leaders have failed “to call a war a war and say who started it” and offered an explanation: “because there are diplomatic pressures — I’m no fool,” he said as he stood at a news conference alongside Cameroon’s president, Paul Biya.
 

daifo

Captain
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This entire Taiwan visit is purely "Wag the Dog" moment to distract from domestic issues considering the great Democrat regimes achievement the past 6 month:
Stock Market busted
Crypto busted
Real State peaked
Record Inflation
GDP in Recession territory.
Roe vs Wade Overturn
Large numbers of Mass Shootings
 

FriedButter

Major
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can anyone post the text of the rt article as it is inaccessible in EU.

Here.

‘Horror chart’ suggests Germany on brink of huge energy crisis​

Germany is heading for a “huge energy crisis,” a senior editor at one of the country’s most influential newspapers, Die Welt, warned on Wednesday.

“Not only [are] gas prices near record highs, but electricity prices in particular are signaling stress,” Holger Zschaepitz, a senior editor on the daily's economic and financial desk, wrote on Twitter.

In what he called a “horror chart” that he posted with his tweet, Zschaepitz showed that the price of electricity had reached almost €400 per megawatt hour on the energy exchange, or €0.40 per kilowatt-hour. If consumer prices reflected such market rates, Germans would be paying around €0.80 per kilowatt-hour rather than the current €0.30, including taxes and fees. However, such a sharp increase would be socially explosive, Zschaepitz suggests. Meanwhile, in such a case energy companies would no longer be able to produce competitively, he adds.

This horror chart suggests that
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is heading for a huge energy crisis. Not only are gas prices near record highs, but electricity prices in particular are signaling stress.
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— Holger Zschaepitz (@Schuldensuehner)
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Electricity prices in Germany are influenced by the price of natural gas, which is the source of 15% of the country’s electricity, according to official statistics. Gas prices have nearly quadrupled this year, primarily due to shrinking flow from Russia, the continent’s major supplier.

The price crunch has already led to a partial nationalization of one of Germany’s largest energy supply companies. The German government announced last week it would acquire a 30% stake in Uniper after the company asked for a bailout, citing “extreme financial pressure” caused by the reduced Russian natural gas deliveries.

The curtailment of gas flows meant that rather than being able to fully rely on its long-term contracts at a fixed price, Uniper has recently been forced to buy gas on the spot market at a much higher price to make up for shortages.

According to a recent report by Bloomberg, European energy firms are racking up debt to cover the soaring costs, with their liabilities having reportedly reached over $1.7 trillion.
 

SanWenYu

Captain
Registered Member
Biden called Xi. Xi picked up the phone. They had a "frank discussion" on global economy, Taiwan and Ukraine.

On Taiwan, Xi warns Biden to not play fire.

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国家主席习近平7月28日晚应约同美国总统拜登通电话。两国元首就中美关系以及双方关心的问题进行了坦率沟通和交流。
习近平重点阐述了中方在台湾问题上的原则立场。习近平强调,台湾问题的历史经纬明明白白,两岸同属一个中国的事实和现状清清楚楚。中美三个联合公报是双方的政治承诺,一个中国原则是中美关系的政治基础。我们坚决反对“台独”分裂和外部势力干涉,绝不为任何形式的“台独”势力留下任何空间。中国政府和中国人民在台湾问题上的立场是一以贯之的,坚决维护中国国家主权和领土完整是14亿多中国人民的坚定意志。民意不可违,玩火必自焚。希望美方看清楚这一点。美方应该言行一致恪守一个中国原则,履行中美三个联合公报。
 

coolgod

Major
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Biden called Xi. Xi picked up the phone. They had a "frank discussion" on global economy, Taiwan and Ukraine.

On Taiwan, Xi warns Biden to not play fire.

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I feel the Chinese announcement and the WH announcements is very muted, nothing of substance revealed. I think Pelosi will back out of flying to Taiwan and the tariffs will be dropped, then we'll know what really went down during the talks.
 

manqiangrexue

Brigadier
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I feel the Chinese announcement and the WH announcements is very muted, nothing of substance revealed. I think Pelosi will back out of flying to Taiwan and the tariffs will be dropped, then we'll know what really went down during the talks.
Daaaannng, that's all he said? Must have been brutal on him. Americans brag about anything they can and if they have nothing, they'll stretch the truth on what was said and brag about that. If you showed a hint of civility or respect, they'll spin that to the public as fear and submission. This is like seeing the biggest loudest asshole in the room at all times come out by himself stale-faced and mutter a barely audible, "We're done."
 

Overbom

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