Forwarded from Maple Chronicles 🇨🇦
🇨🇦❌🇨🇳Canada blocks Chinese rare earths deal in Trudeau-led crackdown
Canada’s government will buy stockpiled rare earth materials from Vital Metals Ltd. in a deal that prevents the company from selling its production to a Chinese buyer.
The small Australian firm, which mines rare earths in Canada’s Northwest Territories, will sell its stockpiled rare earth material to the Saskatchewan Research Council for C$3 million ($2.2 million). The arrangement, facilitated by Canada’s federal government, keeps Vital from moving forward on a plan it started in December to sell that same stockpile to China’s Shenghe Resources Holding Co. for C$2.4 million ($1.7 million).
#China
🍁 Maple Chronicles
Canada’s government will buy stockpiled rare earth materials from Vital Metals Ltd. in a deal that prevents the company from selling its production to a Chinese buyer.
The small Australian firm, which mines rare earths in Canada’s Northwest Territories, will sell its stockpiled rare earth material to the Saskatchewan Research Council for C$3 million ($2.2 million). The arrangement, facilitated by Canada’s federal government, keeps Vital from moving forward on a plan it started in December to sell that same stockpile to China’s Shenghe Resources Holding Co. for C$2.4 million ($1.7 million).
#China
🍁 Maple Chronicles
Bloomberg.com
Canada Blocks Chinese Rare Earths Deal in Trudeau-Led Crackdown
Canada’s government will buy stockpiled rare earth materials from Vital Metals Ltd. in a deal that prevents the company from selling its production to a Chinese buyer.
Forwarded from /CIG/ Telegram | Counter Intelligence Global (FRANCISCVS)
🇰🇵 🇷🇺 🇺🇦 Kim Vows to Back Putin ‘Unconditionally’ on War in Ukraine
🔶️ “I would like to stress that the birth of this treaty, the most powerful treaty in the history of North Korea-Russia relations, was possible thanks to President Putin’s outstanding foresightedness and bold determination,” Kim said at a news briefing after the talks.
🔶️ “Russia hasn’t been an active player in Asia for a long time, both militarily and diplomatically. But its upgraded and comprehensive relationship with North Korea means that Asia has now quickly woken up to a threat by another big power,” said Duyeon Kim, a Seoul-based adjunct senior fellow at the Center for a New American Security. “An inadvertent conflict based on miscalculation could potentially escalate to a regional or world war.”
🔶️ “Today we have prepared a new fundamental document that will form the basis of our relations for the long term,” Putin told the North Korean leader. “We highly appreciate your consistent and unwavering support for Russian policy, including in the Ukrainian direction.”
🔶️ Kim said his country would “unwaveringly, unconditionally support Russia’s every policy regardless of any complication on the international geopolitical situation going forward.”
🔶️ In return for the munitions from Kim’s regime that could reach as high as nearly 5 million artillery shells, Russia has sent to North Korea technology to help in its plans to deploy an array of spy satellites, South Korean Defense Minister Shin Wonsik said in a recent interview with Bloomberg News. Russia will likely send military technology to Kim, increasing Pyongyang’s threat to the region, he said.
https://www.bloomberg.com/news/articles/2024-06-19/kim-pledges-to-unconditionally-support-putin-on-war-in-ukraine
https://archive.ph/0XvhG
🔶️ “I would like to stress that the birth of this treaty, the most powerful treaty in the history of North Korea-Russia relations, was possible thanks to President Putin’s outstanding foresightedness and bold determination,” Kim said at a news briefing after the talks.
🔶️ “Russia hasn’t been an active player in Asia for a long time, both militarily and diplomatically. But its upgraded and comprehensive relationship with North Korea means that Asia has now quickly woken up to a threat by another big power,” said Duyeon Kim, a Seoul-based adjunct senior fellow at the Center for a New American Security. “An inadvertent conflict based on miscalculation could potentially escalate to a regional or world war.”
🔶️ “Today we have prepared a new fundamental document that will form the basis of our relations for the long term,” Putin told the North Korean leader. “We highly appreciate your consistent and unwavering support for Russian policy, including in the Ukrainian direction.”
🔶️ Kim said his country would “unwaveringly, unconditionally support Russia’s every policy regardless of any complication on the international geopolitical situation going forward.”
🔶️ In return for the munitions from Kim’s regime that could reach as high as nearly 5 million artillery shells, Russia has sent to North Korea technology to help in its plans to deploy an array of spy satellites, South Korean Defense Minister Shin Wonsik said in a recent interview with Bloomberg News. Russia will likely send military technology to Kim, increasing Pyongyang’s threat to the region, he said.
https://www.bloomberg.com/news/articles/2024-06-19/kim-pledges-to-unconditionally-support-putin-on-war-in-ukraine
https://archive.ph/0XvhG
Bloomberg.com
Kim Vows to Back Putin ‘Unconditionally’ on War in Ukraine
North Korean leader Kim Jong Un pledged to “unconditionally support” Russia in its invasion of Ukraine at talks with President Vladimir Putin in Pyongyang that emphasized deepening ties amid US concerns about arms supplies to the Kremlin’s war machine.
Forwarded from QVINTA ÆTAS
"Next are Cuba, Nicaragua, Venezuela, Yemen. Not to mention Iran. It would be worth giving nuclear weapons to the Palestinians. And to the Serbs. Sovereignty is a nuclear concept."
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AGDchan
Далее Куба, Никарагуа, Венесуэла, Йемен. Не говоря об Иране. Стоило бы дать ядерное оружие и палестинцам. И сербам. Суверенитет — это ядерное понятие.
Forwarded from QVINTA ÆTAS
"A nuclear war can only be stopped if neither side has a decisive superiority. We need nuclear multipolarity."
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AGDchan
Остановить ядерную войну можно только в том случае, если ни у одной из сторон не будет решающего превосходства. Нам нужна ядерная многополярность.
Forwarded from QVINTA ÆTAS
"Last October, when the wounds from the March 2023 bank failures - which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market's nadir over the past 16 months - were still fresh, we made a non-consensus prediction: we said that since the Fed has once again backstopped the US financial system, "the next bank failure will be in Japan."
This prediction only got warmer two months later when, inexplicably, Japan's Norinchukin bank, best known as Japan's CLO whale, was quietly added to the list of counterparties for the Fed's Standing Repo Facility, a/k/a the Fed's foreign bank bailout slush fund.
But if that was the first, and still distant, sign that something was very wrong at one of Japan's biggest banks (Norinchukin is Japan's 5th largest bank with $840 billion in assets) today the proverbial canary stepped on a neutron bomb inside the Japanese coalmine, because according to Nikkei, Norinchukin Bank "will sell more than 10 trillion yen ($63 billion) of its holdings of U.S. and European government bonds during the year ending March 2025 as it aims to stem its losses from bets on low-yield foreign bonds, a main cause of its deteriorating balance sheet, and lower the risks associated with holding foreign government bonds."
#Geoeconomics
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Telegraph
The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive…
Last October, when the wounds from the March 2023 bank failures - which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market's nadir over the past 16 months - were still fresh, we made a non…
Forwarded from Sahelian Analyst
🔦🏴 ❌ 🇷🇺 — #BREAKING — Reports of a terrorist attack at a synaguogue in Dagestan, south of Russia.
@saheliananalysis
@saheliananalysis
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Forwarded from QVINTA ÆTAS
"BRUSSELS, June 20 (Reuters) - European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.
The package bans re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of banning imports as the bloc did in 2022 for Russian seaborne oil. Some EU countries still import pipeline gas from Russia via Ukraine.
However, gas market experts say the measure will have little impact as trans-shipments of gas via EU ports to Asia represent only around 10% of total Russian LNG exports."
#Geoeconomics
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EU sanctions target Russian gas for the first time, diplomats say
Market experts say the measure will have little impact as trans-shipments of gas via EU ports to Asia represent only around 10% of total Russian LNG exports.
Forwarded from Song of Oil and LNG
🇸🇦 Saudi Arabia: The World's Fourth-Largest Oil Consumer
Saudi Arabia is the world's fourth-largest oil consumer at 3.7 million b/d, following the U.S., China, and India. According to Bloomberg columnist Javier Blas, if Saudi Arabia does not reduce its oil consumption, the global peak in oil consumption may not occur by 2030.
Blas highlights that the IEA forecasts a reduction in Saudi Arabia's oil demand by 500,000 b/s.
"In short, global oil demand may not peak until 2030 if Saudi Arabia plays it right and embarks on a massive oil conservation program. If it doesn't, the global numbers don't add up," the article states.
The power and water sector accounts for about 25% of Saudi Arabia's total oil consumption.
During the seasonal peak, typically in late August and early September, Saudi Arabia burns approximately 1.4 million b/d of unrefined crude oil and fuel oil in its power plants, equivalent to France's total daily oil consumption. Riyadh aims to save about 1 million b/d by 2030. Saudi Aramco expects that in six years, almost 50% of the utility sector will be powered by renewables, and 50% by gas.
However, these plans may face delays due to their scale. The kingdom will need to upgrade and build new power plants and invest billions of dollars in more energy-efficient desalination plants.
"It may seem counterintuitive, but if global oil demand peaks soon, Tesla and its electric car rivals aren't the only companies to watch. Equally important will be Saudi state-owned electricity and water companies," Blas concludes.
#SaudiArabia #oil
@songofoil
Saudi Arabia is the world's fourth-largest oil consumer at 3.7 million b/d, following the U.S., China, and India. According to Bloomberg columnist Javier Blas, if Saudi Arabia does not reduce its oil consumption, the global peak in oil consumption may not occur by 2030.
Blas highlights that the IEA forecasts a reduction in Saudi Arabia's oil demand by 500,000 b/s.
"In short, global oil demand may not peak until 2030 if Saudi Arabia plays it right and embarks on a massive oil conservation program. If it doesn't, the global numbers don't add up," the article states.
The power and water sector accounts for about 25% of Saudi Arabia's total oil consumption.
During the seasonal peak, typically in late August and early September, Saudi Arabia burns approximately 1.4 million b/d of unrefined crude oil and fuel oil in its power plants, equivalent to France's total daily oil consumption. Riyadh aims to save about 1 million b/d by 2030. Saudi Aramco expects that in six years, almost 50% of the utility sector will be powered by renewables, and 50% by gas.
However, these plans may face delays due to their scale. The kingdom will need to upgrade and build new power plants and invest billions of dollars in more energy-efficient desalination plants.
"It may seem counterintuitive, but if global oil demand peaks soon, Tesla and its electric car rivals aren't the only companies to watch. Equally important will be Saudi state-owned electricity and water companies," Blas concludes.
#SaudiArabia #oil
@songofoil
Forwarded from ZeroHedge
LEGO Produces 'Pride' Video With Drag Queens And Furries
https://www.zerohedge.com/political/lego-produces-pride-video-drag-queens-and-furries
https://www.zerohedge.com/political/lego-produces-pride-video-drag-queens-and-furries
ZeroHedge
LEGO Produces 'Pride' Video With Drag Queens And Furries
Clearly aimed at children...
🤮1
Forwarded from /CIG/ Telegram | Counter Intelligence Global (FRANCISCVS)
🇳🇪 🇫🇷 🇷🇺 Niger revokes French nuclear group’s licence at major uranium mine
🔶️ Removal of Orano licence highlights tensions with France, with Russia said to be eyeing the major site.
🔶️ State-owned Orano said on Thursday that it had been ordered out of the Imouraren mine in northern Niger which sits on an estimated 200,000 tonnes of the metal, used for nuclear power and weapons.
🔶️ Orano insisted in a statement on Thursday that it had recently resumed “activities” at the site, reopening “infrastructures” to accommodate “construction teams”, its work in line with the wishes of the government, which came to power in a coup in July last year.
🔶️ “Russian companies have indicated interest in the uranium mining site in Imouraren and we’ve seen also a flurry of activities between Russian businesses and … Russian mercenaries in Niger, which could point to the direction where this new license … may be headed to,” he added.
🔶️ Niger, which accounts for about a quarter of the natural uranium supplied to Europe, is landlocked and its border with Benin, its main sea access, is closed, hindering exports of its minerals. The government says this is for “security” reasons.
https://www.aljazeera.com/news/2024/6/21/niger-revokes-french-nuclear-groups-licence-at-major-uranium-mine
🔶️ Removal of Orano licence highlights tensions with France, with Russia said to be eyeing the major site.
🔶️ State-owned Orano said on Thursday that it had been ordered out of the Imouraren mine in northern Niger which sits on an estimated 200,000 tonnes of the metal, used for nuclear power and weapons.
🔶️ Orano insisted in a statement on Thursday that it had recently resumed “activities” at the site, reopening “infrastructures” to accommodate “construction teams”, its work in line with the wishes of the government, which came to power in a coup in July last year.
🔶️ “Russian companies have indicated interest in the uranium mining site in Imouraren and we’ve seen also a flurry of activities between Russian businesses and … Russian mercenaries in Niger, which could point to the direction where this new license … may be headed to,” he added.
🔶️ Niger, which accounts for about a quarter of the natural uranium supplied to Europe, is landlocked and its border with Benin, its main sea access, is closed, hindering exports of its minerals. The government says this is for “security” reasons.
https://www.aljazeera.com/news/2024/6/21/niger-revokes-french-nuclear-groups-licence-at-major-uranium-mine
Al Jazeera
Niger revokes French nuclear group’s licence at major uranium mine
Removal of Orano licence highlights tensions with France, with Russia said to be eyeing the major site.
Turkey’s biggest cryptocurrency market BtcTurk said in an announcement on Saturday that their exchange had been hacked, while a popular Bitcoin analyst claimed that the amount of money stolen amounted to nearly 51 million euros.
https://www.euronews.com/next/2024/06/22/turkeys-biggest-crypto-exchange-btcturk-hacked
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euronews
Turkey’s biggest crypto exchange BtcTurk hacked
Cryptocurrency use in Turkey started to increase rapidly after 2020 as a defence against a deep slide in the value of the lira.
Forwarded from /SCI/ Southern Cross Intelligence - (𝙱𝚕𝚒𝚝𝚣 🇦🇷🦅)
🇦🇷📉
The Government of Javier Milei has achieved a week with ZERO inflation
According to Econometrica's weekly measurement, the third week of June had no price increases in food and beverages in Argentina, thus achieving the first week without inflation in 30 years.
The Government of Javier Milei has achieved a week with ZERO inflation
According to Econometrica's weekly measurement, the third week of June had no price increases in food and beverages in Argentina, thus achieving the first week without inflation in 30 years.
BREAKING: 🟠 Mt Gox to start repayments of 141,868 $BTC worth $8.8 Billion❗️
https://www.mtgox.com/img/pdf/20240624_announcement_en.pdf
https://www.mtgox.com/img/pdf/20240624_announcement_en.pdf
🇯🇵❤️ 💰 Japanese public company Metaplanet Inc. issues ¥1 billion (around $6.3milion) in 0.5% bonds to buy more #Bitcoin
https://x.com/Crypto_Inside_/status/1805130156979237363
https://x.com/Crypto_Inside_/status/1805130156979237363
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https://fxtwitter.com/Crypto_Inside_/status/1805129713901298005
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FxTwitter / FixupX
Cryptocurrency Inside (@Crypto_Inside_)
📊 Global Data Centers now consume more electricity than most countries
Forwarded from Paraguay Investor 🇵🇾
🇵🇾👇
Construction of the Panama Canal Alternative is in full swing!
The Bioceanic highway will connect the Atlantic Ocean in Brazil with the Pacific Ocean in Chile, crossing Paraguay and Argentina. It will boost trade and economic integration in South America.
🇵🇾👇
La construcción de la alternativa al Canal de Panamá está en pleno apogeo.
La ruta bioceánica conectará el Océano Atlántico en Brasil con el Océano Pacífico en Chile, atravesando Paraguay y Argentina. Impulsará el comercio y la integración económica en Sudamérica.
🇩🇪👇
Der Bau der Panamakanal-Alternative ist in vollem Gange!
Die biozeanische Autobahn wird den Atlantischen Ozean in Brasilien mit dem Pazifischen Ozean in Chile verbinden und Paraguay und Argentinien durchqueren. Sie wird den Handel und die wirtschaftliche Integration in Südamerika fördern.
Construction of the Panama Canal Alternative is in full swing!
The Bioceanic highway will connect the Atlantic Ocean in Brazil with the Pacific Ocean in Chile, crossing Paraguay and Argentina. It will boost trade and economic integration in South America.
🇵🇾👇
La construcción de la alternativa al Canal de Panamá está en pleno apogeo.
La ruta bioceánica conectará el Océano Atlántico en Brasil con el Océano Pacífico en Chile, atravesando Paraguay y Argentina. Impulsará el comercio y la integración económica en Sudamérica.
🇩🇪👇
Der Bau der Panamakanal-Alternative ist in vollem Gange!
Die biozeanische Autobahn wird den Atlantischen Ozean in Brasilien mit dem Pazifischen Ozean in Chile verbinden und Paraguay und Argentinien durchqueren. Sie wird den Handel und die wirtschaftliche Integration in Südamerika fördern.
👍1🤨1
➡️ "My client is being prosecuted for carrying out a common journalistic practice of obtaining and publishing confidential information, truthful information and information of clear and important public interest," Assange's lawyer, Edward Fitzgerald, said in court.
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