Miscellaneous News

siegecrossbow

General
Staff member
Super Moderator
The criminals blocked the investigation of their crime.

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The UN Security Council did not support the Russian-Chinese resolution on the international investigation of the Nord Stream sabotage Monday.

The resolution was supported by 3 countries, with zero votes against and 12 nations abstained. Thus, the resolution failed to receive nine votes required for approval.

The resolution was supported by Russia, China and Brazil.

Albania, the UK, Gabon, Ghana, Malta, Mozambique, the UAE, the US, France, Switzerland, Ecuador and Japan abstained.

The resolution, if adopted, would have requested the Secretary-General to establish an international, independent investigation commission to conduct a comprehensive, transparent and impartial international investigation of all aspects of the act of sabotage on the Nord Stream 1 and 2 gas pipelines — including identification of its perpetrators, sponsors, organizers and accomplices.

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If they are innocent why not show their innocence by outright rejecting it?

I think Brazil will be the background for the next colored revolution attempt should things get out of control.
 

KYli

Brigadier
Bailing out distressed middle income countries with yuan by dumping useless dollars might be a way to expand Yuan internationalization. As the article mentioned, Mongolia has held most of its reserves recently in Yuan compare with dollars years ago. Although, China might not be able to recoup many loans.
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henrik

Senior Member
Registered Member

China gobbles up US corn as prices fall​

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Not the best idea.

What China can do is to gobble up cheap corn. Besides refilling their inventory, they can then refine them into corn oil and other food products, for dumping into the export markets. This is the way of making some profits from cheap grains.
 

KYli

Brigadier
If Binance is bought down by US regulators then the systematic crash of Crypto would be expected as Binance is much bigger and more powerful player in Crypto arena than FTX or other failed players.
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In order not o liquidate SVB, FDIC would grant 70 billion credit line to First Citizens bank for the sale of SVB.
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Charles Schwab has 29 billion unrealized losses in long term treasure bonds even though it keeps insisting that it is financially sound.
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