🇪🇺🇭🇺🇵🇱 With billions of euros still frozen for Hungary and Poland, EU chief proposes Ukraine should receive €50 billion in additional aid.

The European Commission is proposing that EU member states provide a total of €50 billion in grants and loans to Ukraine over the next four years to help rebuild the country, Commission President Ursula von der Leyen said on Tuesday.

“Above all, the creation of the reserve will provide predictability for our partners in Ukraine, will encourage other donors, and will allow us to calculate our financial support according to the situation on the ground, as we all know that a war requires us to be as flexible as possible,” said von der Leyen.

The call for tens of billions in aid for Ukraine comes at the same time that the EU has frozen billions in aid for EU member states Hungary and Poland over so-called rule-of-law issues. Ukraine has received extraordinary amounts of aid, with substantial amounts of that aid funneled back into international investment behemoths like J.P. Morgan and BlackRock, arms manufacturers, and even corrupt officials within Ukraine.

The tremendous amounts of money flowing into Ukraine also comes at a time when Europeans are dealing with elevated inflation, rising poverty, higher interest rates, and extremely high housing prices that have priced most families out of the market.

At a press conference on the review of the Multiannual Financial Framework, von der Leyen also announced that the EU proposes to allocate €15 billion for migration management. She stressed that the funding would be used to strengthen cooperation at the EU’s external borders and with countries outside the EU to help refugees in neighboring countries.

The commission president also said the EU should invest €160 billion more to strengthen its technological competitiveness. She added that the commission would introduce a trade barrier against non-EU countries, focusing on “a limited and narrow range of high tech” to preserve its own competitiveness.

“Globalization and an open economy are good for Europe economically, but the world is becoming increasingly geopolitical and there is a limited number of key technologies that can be used aggressively. This is why the issue of economic security has become a priority for us and for many of our partners,” she stressed.

🔗 https://rmx.news/european-union/with-billions-of-euros-still-frozen-for-hungary-and-poland-eu-chief-proposes-ukraine-should-receive-e50-billion-in-additional-aid/

The Greater Eurasia project: Building bridges and breaking barriers

If you're counting on Asia's many new power centers to compete and clash – don't. The Greater Eurasia Partnership is set to integrate them all – from the SCO, EAEU, and BRICS, to emerging new currencies – in order to replace the 'rules-based order.'

By Pepe Escobar

The OCGFC dislike corporate and financial power that is, in one way or another, still subordinate to, or entrenched within, state power.

Some updates: including EU destabilisation, Sudan & Egypt

Prigozhin right now is what it would look like if Luca Brasi decided he was head of the Corleone family

On the Wagner revolt

If your knee-jerk reaction to any disruptive event is to assume the CIA is behind it, you will be wrong more often than you are accidentally right. The abortive coup attempt by Wagner was not a US-engineered operation; it was a warlord doing warlord sh*t. There were many signs that Prigozhin is unstable prior to this. He is essentially a cult leader of a very dangerous combat cult, and had a messianic moment which subsequently receded.
It is not always easy to wait for more information when a situation is unfolding, so it can be tempting to jump the gun and rush to simple explanations for events that will not actually hold up to scrutiny. But you have to try to weigh the information you are getting with whatever other information you may have collected over time regarding overall context, and make your best reasoned assessment.

JUST IN - Right-wing AfD party wins its first-ever district election after rising in polls nationwide in Germany in recent weeks.

@disclosetv

The "I told you so" channel 😁

The evaporating potential of Anwar Ibrahim

Eid Mubarak everyone! We are just reaching it here in Malaysia

Food security is the heart of a healthy, independent economy — AND a stable currency

#France 🇫🇷: A new video posted by the gunmen using 7.62x39mm Kalashnikov rifles in #Oyonnax in Auvergne-Rhône-Alpes (ARA).

The rifles appear to be possible 'PM md. 65' assault rifles, originally produced by #Romania 🇷🇴 and proliferated from the Eastern Bloc stocks.

https://twitter.com/war_noir/status/1674608963445313538

🇨🇵 - Macron says discussing adapting anti riot measures "without taboos". Asked Interior Minister to quickly make proposals to ensure another night like this does not happen again.

No one invests in Germany

The European Union's largest economy is showing alarming signs, having achieved the largest net capital outflow since gaining "independence" from energy supplies from Russia.

For a decade (except for 2020), investors have been particularly reluctant to invest in the German economy, with the largest capital outflow ever recorded last year – minus $132 billion (€125 billion). The outflow of direct investments was €135.5 billion, while the inflow was only €10.5 billion, according to a study by the German Economic Institute based on OECD data.

Japan and Great Britain also had high net outflows – minus $129 billion and $116 billion, respectively. Overall, Germany, Japan and the UK have consistently taken the lead in terms of net outflows since 2019.

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The #WeAreAllRohingyaNow campaign was a creative and pioneering effort to recruit corporate and investor power to halt the genocide. Sadly, we will never know what might have been achieved had we been able to continue.

French Rioters Brandish Military-Grade Weapons As Unrest Continues

Mass rioting continues to grip France after the fatal police shooting of 17-year-old Nahel M. during a traffic stop in the Paris suburb of Nanterre. Multiple videos circulating online show rioters carrying military-grade weapons. Around 45,000 officers have been deployed to quell the unrest, which has spread throughout the country.

Multiple online videos appear to show individuals brandishing military-grade weapons during the protests.