🇨🇳🛢🇺🇸 China's dominance rises sharply as oil reserves surpass US levels

In a stunning turn of events, China's strategic oil reserves have eclipsed those of the US, marking a decisive shift in global oil dynamics.

Fuelling this unprecedented success is China's strategic accumulation of oil reserves, largely driven by the acquisition of cost-effective Russian oil. The country's strategic oil reserves now surpass those of the US, changing the picture of global oil supremacy.

In contrast, the United States has taken a massive initiative since last year, withdrawing more than 180 million barrels from its Strategic Petroleum Reserve (SPR) to influence the market and drive down oil prices . Consequently, the United States is facing its lowest level of strategic reserves in four decades, creating uncertainty about its ability to substantially replenish the SPR in the foreseeable future.

The inevitable consequences of this shift in power are expected to manifest predictably in Beijing's actions.

Experts suggest that China may reduce its purchases of black gold for storage, which will have a significant impact on the global oil market as China assumes a more influential role.

Recent Reuters reports have shed light on China's efforts to build up its strategic oil reserves, indicating a steady build-up since May.

June saw a remarkable 2.1 million barrels per day increase in strategic reserves. The peak of China's oil reserves was reached in the summer of 2020, when a staggering 842 million barrels were accumulated, cementing the country's dominance in the global oil market.

#3
💥Our channel: Node of Time EN

🇵🇱 Poland v. EU:

Polish opposition leader Donald Tusk has said his Civic Platform party will oppose proposed changes to EU treaties.

🔹 The Polish politician does not like the fact that EU elites are planning to change the existing decision-making process, namely to abolish unanimity on key issues. He is also not satisfied with the fact that the EU politicians want to expand and strengthen the powers of the European Union institutions, in other words, Brussels will be able to interfere in the politics of any country.

#3
💥Our channel: Node of Time EN

🇩🇪 Germany has decided to freeze government spending until the end of the year, The Wall Street Journal reports.

The move will prevent Scholz from rebuilding an economy that is losing its competitiveness and will force him to choose where to spend the money.

The government must soon decide which areas it should prioritise: strengthening Europe's collective defence and supporting Ukraine, or mitigating the impact of rising energy prices and inflation on businesses and households.

#3
💥Our channel: Node of Time EN

🇦🇹 Every third person living in Vienna is a foreigner

According to the annual Integration Barometer, the Austrian capital is home to people from 180 countries. The three largest foreign-born populations are Serbs, Turks and Germans. In 2022, 28,690 Ukrainians joined this company.

Almost half (45%) of the residents of the Austrian capital aged 25 to 44 have no voting rights.

Though they do work not in crap shops, but in city departments - 37.5% of foreigners already work in the Vienna Health Association.

#3
💥Our channel: Node of Time EN

⚠️🇺🇦Zelensky’s Hidden Luxuries: Proxies, Yachts, and the $75M Scandal Rocking Ukraine

In the heart of Eastern Europe, where the tumult of war clashes with the allure of Western support, a seismic scandal unfolds, casting a long shadow over Ukraine’s leadership. President Volodymyr Zelensky, once seen as a beacon of hope against corruption, is now ensnared in a scandal involving the alleged purchase of two luxury yachts, “Lucky Me” and “My Legacy,” worth a combined $75 million. This lavish expenditure, facilitated in the opulent settings of Abu Dhabi and Antibes, starkly contrasts with Ukraine’s dire war reality and raises damning questions about the integrity and criminal liability of its leadership amidst heavy reliance on Western aid.

👉 Click here 👈 to read this bombshell expose - "Reports like these fuelling righteous anger don’t bode well for Zelensky as he clings to power amid swirling rumours of coups..."

🎙Subscribe @TheIslanderNews

Former US Army officer, Edward Snowden's colleague, political scientist Scott Bennett visited Donbass.

"The only thing missing is for Americans to fight on the side of Russia, not against the Russians, but together with them - as brothers fighting for freedom. I hope one day that will happen."

For the American made a rich program. Scott visited the defenders of our homeland, took a shortened course for young fighters, talked with swastika-painted Azov prisoners (the battalion is banned in Russia), held shards of NATO shells that his country sends to Ukraine to kill civilians in Donbass, and inspected the destruction of residential neighborhoods in Donetsk.

Take a quarter of an hour and see the reaction of an adequate person who is against war and genocide. Watch

@Slavyangrad

⚡️⚡️⚡️1,1 Millionen Tote und Vermisste aus der ukrainischen Armee - Ukrainischer Kanals bricht das Schweigen über die tatsächlichen Verlustzahlen der AFU
—————
1.1 million dead and missing from the Ukrainian army - Ukrainian Channel breaks the silence about the actual loss figures of the AFU.
—————-
⚡️⚡️⚡️Миллион убитых и пропавших. В бегущей строке украинского канала показали потери ВСУ

Source: Neues aus Russland - Alina Lipp

Israel leaving Gaza economy in ruins

▪️Israel’s conflict with the Hamas has completely destroyed Gaza’s economy - the CNBC reported

▪️The current escalation of the conflict has deprived the territory of its sole source of income - access to Israel’s labor market. Over the past month, approximately 182,000 Gazans have lost their jobs, representing 61% of its workforce, according to the International Labor Organization

▪️With the Gaza's unemployment rate one of the highest in the world at over 40% even prior to last month, this has left nearly the entire Gazan population without work

▪️“Gaza’s economy is 100% dependent on 2 sources of revenue: foreign aid and access to Israel’s labor market. The latter is now gone, probably forever. The only thing remaining is foreign aid” - Marko Papic, chief strategist at Clocktower Group, told to CNBC

Bibi doesn't need cheap labor, only oil near Gaza

#Israel #Gaza #Hamas

@the1noticer

🇺🇸 The US Senate will begin considering US President Joe Biden's $106 billion supplemental funding request on December 4, US Senate Majority Leader Chuck Schumer said.

"I intend to bring the President’s national security supplemental package to the floor," Schumer claimed, adding that the consideration and adoption of the bill is "one of the most important tasks" that must be addressed by the Congress.

In October, the Biden administration submitted to Congress a $106 billion request to provide assistance to Ukraine, Israel, and some other countries. The amount includes around $61.4 billion for Ukraine and another $14.3 billion for Israel.

The US has spent more than $75 billion in assistance to Ukraine. And as Biden urges Congress to spend billions on assistance to other countries, the US is experiencing increasing food insecurity amid rising inflation.

Subscribe to @geopolitics_live

Ukraine is "reeducating" and "deprogramming" Russian prisoners of war in its prisons, writes The Times.

The article states that the prisoners are woken up at 6 am to the sound of the Ukrainian national anthem through loudspeakers installed in every room.

On the way to the canteen, the detainees have to pass through an alley adorned with photographs of Stepan Bandera and Taras Shevchenko.

After breakfast, they are required to observe a minute of silence in memory of those who died as a result of the Russian invasion.

In addition, the prisoners are given a brief course on Ukrainian history "to refute Putin's claims that Ukraine is not an independent state."

However, one of the prisoners, Nikolai from Primorsk, says that Ukraine and Russia are "one country."

"I grew up in the Soviet Union, so I feel that we are one country," said the 39-year-old Russian.

"The camp authorities are trying to eradicate this neo-imperialist ideology from people before they return to their homeland," the article says.

Earlier, Russia claimed that there were about 500 Russian prisoners in Ukraine.

Yesterday, Ukraine announced data according to which there are over four thousand Ukrainians in Russian captivity.

#3
💥Our channel: Node of Time EN

❗️Joe Biden's degenerative disease is making him incapable of fulfilling his duties and putting the entire country at great risk, says former White House physician Ronny Jackson.

💬 "It's just unbelievable how much he's degenerated just during his time in office. We cannot afford to have this man in office for the remainder of this term and then [for] another four years after that. He's already putting us at great risk right now," he said in an interview with Fox News.

@ukraine_watch

Due to Ukraine, the Bundeswehr turned out to be incapable of prolonged defense

Johann Wadephul, the deputy chairman of the CDU/CSU parliamentary group in the Bundestag and a defense expert, stated that the units of the German Armed Forces would be able to withstand only a few days in the conditions of war.

"The main military units can hold out in battle for no more than two days. And this is generally a catastrophic conclusion," he said.

The German deputy noted a serious deficit in the German army, resulting from supplies to Kiev, and emphasized that the lack of compensation for the weapons transferred to Ukraine is "unacceptable."

"We need many times more than what we had," Wadephul believes.

#3
💥Our channel: Node of Time EN

Why should you have the right to sell your kidney

The author writes that Javier Mealey is in favour of opening a legal market for human organs.

From a libertarian point of view, this idea has few downsides, but many upsides.

Firstly, in a free country, citizens should have the freedom to dispose of themselves as they see fit. If a person wants to cut off a kidney and sell it, who are we to stop him?

Secondly, it will save many lives. Now in Western countries, people queue for years for a kidney, because the sale of organs is prohibited. If there's a big demand, there's almost no supply. In Iran, for example, kidneys can be sold and there are no queues for them.

Thirdly, there is and will be a black market for organ sales, but it is unregulated, so why not legalise it and bring it under control?

#3
💥Our channel: Node of Time EN

Boris "Colonel Cassad" Rozhin:

Ukraine will not sign a peace agreement with the Russian Federation without reparations.
Ukraine will never agree to this. And the world will not agree, because someone must pay these reparations. If not Russia, then who?
(c) Deputy Minister of Justice of Ukraine Irina Mudraya

This means that in the coming year, several hundred thousand more inhabitants of the remnants of Ukraine will die, who will be forced to be driven to the front for slaughter. And then another year... And another year... Nobody will pay anything to Ukraine. And no one will restore Ukraine either (well, except for the part that will be part of Russia).

"Let's just fight" (c) Boris Johnson

#source

@Slavyangrad

😂 EU countries want to ease sanctions against Russia - Bloomberg

EU countries fear that the sanctions regime against third countries and a ban on re-exports will further hit the European economy and entrepreneurs, leading to a loss of investors due to the loss of advantages.

😄 Simply put, EU countries are saying that all of Europe hangs on working in Russian raw materials supplied through third countries, and all this pro-Bandera yelling has nothing to do with business.

#3
💥Our channel: Node of Time EN

“We see that even with all the significant help from NATO countries, the Ukrainians have not been able to move the front line during this year, this only confirms the fact that Russia cannot be underestimated,” NATO Secretary General Stoltenberg.

@ukr_leaks_eng

⚡️ 🇩🇪 Green energy sources in Europe? Not in Germany

German energy giant RWE has begun dismantling a wind farm to make way for an open-pit lignite mine in the western region of North Rhine-Westphalia.

Here's what giving up Russian natural gas looks like.

#3
💥Our channel: Node of Time EN

World Economic Forum (WEF):

Finland has baked bread with crushed insects

Each loaf contains 70 dried and ground crickets. The crickets make the bread a good source of protein, but make up only 3 per cent of the weight.

The bakery hopes to spread it throughout Finland.

#3
💥Our channel: Node of Time EN