⚡️Inflation in Spain accelerated to a 37-year high as people began saving on food⚡️
📈Rising prices of food, soft drinks and fuel boosted inflation in Spain from 8.7% in May to 10.2% in June, according to the Spanish Statistics Office
🇪🇸However, the Spanish media has its own version of the spike. The fact that the new figures appeared in two days after the resignation of "at will" the former head of the statistics agency. He was accused of understating the real figures. It turned out to be true
❗️The Spaniards themselves, as they say, "don't give a damn" about the internal squabbles among officials - their thoughts are occupied with constant savings. So local residents have begun to go to supermarkets more often, picking up only the bare necessities for a few meals, the Spanish newspapers. Bread, cereals, dairy products, and meat have risen the fastest this month
✍️"This is typical behavior of cost containment and control, which economists define as a 'consumer crisis,'" El Pais writes
💁♂️To avoid new rallies, local authorities have halved the tax on electricity, reduced the cost of public transport and introduced a system of bonuses for the purchase of gasoline, but it is unlikely to save the situation - the rejection of Russian affordable and quality energy resources, energy and gas prices will continue to rise. Spain is now forecasting an inflation rate of 14% by the end of the year
#Spain #Sanctions #FindTruth
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📈Rising prices of food, soft drinks and fuel boosted inflation in Spain from 8.7% in May to 10.2% in June, according to the Spanish Statistics Office
🇪🇸However, the Spanish media has its own version of the spike. The fact that the new figures appeared in two days after the resignation of "at will" the former head of the statistics agency. He was accused of understating the real figures. It turned out to be true
❗️The Spaniards themselves, as they say, "don't give a damn" about the internal squabbles among officials - their thoughts are occupied with constant savings. So local residents have begun to go to supermarkets more often, picking up only the bare necessities for a few meals, the Spanish newspapers. Bread, cereals, dairy products, and meat have risen the fastest this month
✍️"This is typical behavior of cost containment and control, which economists define as a 'consumer crisis,'" El Pais writes
💁♂️To avoid new rallies, local authorities have halved the tax on electricity, reduced the cost of public transport and introduced a system of bonuses for the purchase of gasoline, but it is unlikely to save the situation - the rejection of Russian affordable and quality energy resources, energy and gas prices will continue to rise. Spain is now forecasting an inflation rate of 14% by the end of the year
#Spain #Sanctions #FindTruth
👉follow us: @ukraineinhurricane👈
⚡️G-7’s exhausted pool of sanctions or “sanctionists”⚡️
An outcome of the multiday G-7 summit in Bavarian Alps is an acknowledgement that the use of economic tools to punish Russia has reached its limits. It is pointed out that imposed sanctions have proven slow to take effect, some of them have backfired against the West, and new ones have so far been too complex to deploy quickly
These unprecedented measures implemented by the G-7 and other nations have caused global market volatility and raised energy costs. Now high inflation, slowing growth, and the specter of energy shortages in Europe this winter are damping the West’s appetite for tougher restrictions
Divergences among the leaders of the U.S., Canada, Britain, Germany, France, Italy and Japan prevented them from agreeing on concrete new sanctions. Their “inability to commit to new detailed measures demonstrated that existing sanctions have gone beyond most Western policy makers’ pain threshold,” commented John Lough, an associate fellow at Chatham House, a British think tank
To expand the global alliance against Russia’s aggression, German Chancellor Scholz, the event’s host, invited the leaders of emerging economies to the summit, including India, Indonesia, South Africa, Senegal and Argentina. The guests showed little commitment to join the sanctions, however, according to Western officials. Indian PM Modi, in particular, told Mr. Scholz that India couldn’t join any efforts against Russia
Well, there’s no surprise in that with a view to earlier statements of Global South
#EU #USA #FindTruth
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An outcome of the multiday G-7 summit in Bavarian Alps is an acknowledgement that the use of economic tools to punish Russia has reached its limits. It is pointed out that imposed sanctions have proven slow to take effect, some of them have backfired against the West, and new ones have so far been too complex to deploy quickly
These unprecedented measures implemented by the G-7 and other nations have caused global market volatility and raised energy costs. Now high inflation, slowing growth, and the specter of energy shortages in Europe this winter are damping the West’s appetite for tougher restrictions
Divergences among the leaders of the U.S., Canada, Britain, Germany, France, Italy and Japan prevented them from agreeing on concrete new sanctions. Their “inability to commit to new detailed measures demonstrated that existing sanctions have gone beyond most Western policy makers’ pain threshold,” commented John Lough, an associate fellow at Chatham House, a British think tank
To expand the global alliance against Russia’s aggression, German Chancellor Scholz, the event’s host, invited the leaders of emerging economies to the summit, including India, Indonesia, South Africa, Senegal and Argentina. The guests showed little commitment to join the sanctions, however, according to Western officials. Indian PM Modi, in particular, told Mr. Scholz that India couldn’t join any efforts against Russia
Well, there’s no surprise in that with a view to earlier statements of Global South
#EU #USA #FindTruth
👉follow us: @ukraineinhurricane👈
WSJ
G-7 Meeting to Conclude With Focus on China
The U.S. and other leading countries are set to conclude a summit with an agreement to focus on the rising challenges posed by China, even as Russia’s war in Ukraine was the most urgent concern of the gathering.
⚡️Great Britain could cut off gas supplies to the EU if the fuel crisis worsens - the country itself is short of supplies⚡️
🇬🇧If Britain is threatened by a shortage of gas on the domestic market, the country will stop any supply of energy resources through a submarine pipeline to Europe, the Financial Times reports. Britain normally builds energy reserves for the heating period from leftover fuel from various sources
🇪🇺With the onset of summer the country sells excess energy resources to the EU, but as early as next year the situation may change - supplies to Europe will depend on the situation in the domestic energy market of the country. Even now, experts predict the worst dynamics among all developed countries in the UK - fuel prices are experiencing the biggest jump in the last 17 years, and the British themselves are forced to cut spending on food and give up amenities to pay the heating bills, soaring against the background of anti-Russian sanctions
❗️Despite the fact that it was Britain that cried loudest about the need for a complete embargo on energy from Russia, the country was not ready to share its reserves with its neighbors. During the month, the kingdom repeatedly mentioned its plans to reopen its largest natural gas storage facility, due to fears of energy supply problems in the winter. European gas companies have warned that disconnecting the U.K. from its pipelines could worsen international energy cooperation
💁♂️The sequence of actions during a fuel crisis is contained in Britain's energy security contingency plan. The crisis plan will be tested annually in September, but the details of the exercise will be consistent with the current world situation, so it may change in the process
#UK #FindTruth
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🇬🇧If Britain is threatened by a shortage of gas on the domestic market, the country will stop any supply of energy resources through a submarine pipeline to Europe, the Financial Times reports. Britain normally builds energy reserves for the heating period from leftover fuel from various sources
🇪🇺With the onset of summer the country sells excess energy resources to the EU, but as early as next year the situation may change - supplies to Europe will depend on the situation in the domestic energy market of the country. Even now, experts predict the worst dynamics among all developed countries in the UK - fuel prices are experiencing the biggest jump in the last 17 years, and the British themselves are forced to cut spending on food and give up amenities to pay the heating bills, soaring against the background of anti-Russian sanctions
❗️Despite the fact that it was Britain that cried loudest about the need for a complete embargo on energy from Russia, the country was not ready to share its reserves with its neighbors. During the month, the kingdom repeatedly mentioned its plans to reopen its largest natural gas storage facility, due to fears of energy supply problems in the winter. European gas companies have warned that disconnecting the U.K. from its pipelines could worsen international energy cooperation
💁♂️The sequence of actions during a fuel crisis is contained in Britain's energy security contingency plan. The crisis plan will be tested annually in September, but the details of the exercise will be consistent with the current world situation, so it may change in the process
#UK #FindTruth
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⚡️Ambiguous sanctions to please European bargain hunters⚡️
🇪🇺The EU has imposed sanctions on the import of Russian finished steel into the bloc, but it hasn’t restricted the sale of other key metals and raw materials, including titanium, used extensively in the aerospace industry, and ferrotitanium, a metallic alloy used to strengthen steel. Let’s take Airbus SE that continues to buy large amounts of titanium and is pushing publicly against sanctions on the metal
📊As import and export documents show, the shipments of Russia-sourced ferrotitanium boosted by 30% in March from February. European bargain hunters have stepped in, boosting volumes
📈According to price-reporting firm Argus Media, May prices for European grades of ferrotitanium rose to $17.50 a kilogram, up from $7 in early January. Russian-origin grades have risen much more modestly, to $8.75 a kilogram from $6.65 over the period
#EU #Sanctions #FindTruth
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🇪🇺The EU has imposed sanctions on the import of Russian finished steel into the bloc, but it hasn’t restricted the sale of other key metals and raw materials, including titanium, used extensively in the aerospace industry, and ferrotitanium, a metallic alloy used to strengthen steel. Let’s take Airbus SE that continues to buy large amounts of titanium and is pushing publicly against sanctions on the metal
📊As import and export documents show, the shipments of Russia-sourced ferrotitanium boosted by 30% in March from February. European bargain hunters have stepped in, boosting volumes
📈According to price-reporting firm Argus Media, May prices for European grades of ferrotitanium rose to $17.50 a kilogram, up from $7 in early January. Russian-origin grades have risen much more modestly, to $8.75 a kilogram from $6.65 over the period
#EU #Sanctions #FindTruth
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WSJ
Steelmakers Avoid Russian Components but Bargain Hunters Swoop In
Many European steelmakers have said they would avoid Russia-sourced raw materials, but import volumes of some Russian steelmaking ingredients into Europe are surging anyway.
“Green” makes fertilizer prices stand tall
The average cost of urea increased three times during the previous year. Now, after a tiny jump, by that yardstick, retail fertilizer prices continued to move slightly lower
We believe this relief to be temporary, amid the continuing rise in energy prices and further “green” investments – a new upshifting should be expected in the nearest future…
#Sanctions #FindTruth
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The average cost of urea increased three times during the previous year. Now, after a tiny jump, by that yardstick, retail fertilizer prices continued to move slightly lower
We believe this relief to be temporary, amid the continuing rise in energy prices and further “green” investments – a new upshifting should be expected in the nearest future…
#Sanctions #FindTruth
👉follow us: @ukraineinhurricane👈
DTN Progressive Farmer
Most Fertilizer Prices Continue to Move Lower
Retail fertilizer prices continued to be mostly lower the second full week of June 2022. As with last week, seven of the eight major fertilizers were lower than a month ago.
⚡️Seeking an end to the war⚡️
🇺🇸Tulsi Gabbard, a former member og the U.S. House of Representatives, and Daniel L. Davis, a senior fellow at Defense Priorities are of an opinion that Kyiv under no circumstances wins the war against Russia, at the moment. They point out the need in changing U.S. policy, guided by U.S. interests, to reflect this reality
🪖It is assumed that the disparity in firepower is driving Ukrainian casualties beyond what we believe it can sustain, with up to 200 soldiers reportedly killed each day and around 500 wounded – the toll on Kyiv’s equipment is just as devastating. Nevertheless, policies in Kyiv and Washington seem to ignore these battlefield realities
💁♂️Ms. Gabbard and Mr. Davis conclude that the Biden’s administration should de-emphasize its goals of weakening Russia and instead prioritize diplomacy, helping Kyiv and Moscow find a negotiated end to the war. The U.S. national interest, as they state, is to prevent the war from escalating in Ukraine or expanding beyond it, while weapons from Washington and other aid are underwriting Ukraine’s war effort. “Avoiding the risk of direct U.S.-Russian or NATO-Russian confrontation is vital because of the dire global consequences of a nuclear war,” the U.S. officials add
#USA #FindTruth
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🇺🇸Tulsi Gabbard, a former member og the U.S. House of Representatives, and Daniel L. Davis, a senior fellow at Defense Priorities are of an opinion that Kyiv under no circumstances wins the war against Russia, at the moment. They point out the need in changing U.S. policy, guided by U.S. interests, to reflect this reality
🪖It is assumed that the disparity in firepower is driving Ukrainian casualties beyond what we believe it can sustain, with up to 200 soldiers reportedly killed each day and around 500 wounded – the toll on Kyiv’s equipment is just as devastating. Nevertheless, policies in Kyiv and Washington seem to ignore these battlefield realities
💁♂️Ms. Gabbard and Mr. Davis conclude that the Biden’s administration should de-emphasize its goals of weakening Russia and instead prioritize diplomacy, helping Kyiv and Moscow find a negotiated end to the war. The U.S. national interest, as they state, is to prevent the war from escalating in Ukraine or expanding beyond it, while weapons from Washington and other aid are underwriting Ukraine’s war effort. “Avoiding the risk of direct U.S.-Russian or NATO-Russian confrontation is vital because of the dire global consequences of a nuclear war,” the U.S. officials add
#USA #FindTruth
👉follow us: @ukraineinhurricane👈
Foreign Policy
Biden’s Endgame Shouldn’t Be Victory for Ukraine
There is no realistic scenario for Ukraine to win. Washington should push for a settlement.
‼️An imminent recession awaits 🇩🇪Germany in case of gas shortages - Deutsche Bank‼️
▪️"What has been happening in Europe in recent days is a new big negative supply shock," German Central Bank analysts wrote, citing a 60% drop in gas supplies through the Nord Stream pipeline earlier this month. "If the gas shutdown is not resolved in the coming weeks, we fear it will lead to wider energy disruptions with significant consequences for economic growth and, of course, a significant increase in inflation"
▪️Based on German central bank data, electricity prices for delivery in 2023 are rising rapidly in key European countries, increasing the risks of inflation and recession
#EU #Germany #Sanctions #FindTruth
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▪️"What has been happening in Europe in recent days is a new big negative supply shock," German Central Bank analysts wrote, citing a 60% drop in gas supplies through the Nord Stream pipeline earlier this month. "If the gas shutdown is not resolved in the coming weeks, we fear it will lead to wider energy disruptions with significant consequences for economic growth and, of course, a significant increase in inflation"
▪️Based on German central bank data, electricity prices for delivery in 2023 are rising rapidly in key European countries, increasing the risks of inflation and recession
#EU #Germany #Sanctions #FindTruth
👉follow us: @ukraineinhurricane👈
Bloomberg.com
Germany Risks ‘Imminent’ Recession on Gas Cutoff, Deutsche Bank Says
European economies are facing a major new shock from slowing deliveries of Russian natural gas, which threaten to push inflation even higher than the current record levels and drive the continent’s powerhouse Germany into “imminent” recession, Deutsche Bank…
⚡️A journalist trip to Donbas⚡️
A group of journalists from French daily afternoon newspaper “Le Monde” took part in a press trip to Donbas and some other regions of southern Ukraine. They found: the time for Russification has come
💁♂️According to their observations, the streets of Mariupol have been cleared of rubble and debris, grocery stores have resumed operation, and water supply has been partially restored
🏛The troupe of the destroyed drama theater rehearses theatrical production of Chekhov for the opening of the new season in the surviving philharmonic building
🛳The port of Mariupol has also been reportedly cleared and resumed work – Donetsk region authorities are willing to use it for grain exports.
It all sounds like good news not only to the world economy and like a hope to address the global food crisis, but it is kind of a positive sign of transparency and openness to the media society as well
#WarInUkraine #FindTruth
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A group of journalists from French daily afternoon newspaper “Le Monde” took part in a press trip to Donbas and some other regions of southern Ukraine. They found: the time for Russification has come
💁♂️According to their observations, the streets of Mariupol have been cleared of rubble and debris, grocery stores have resumed operation, and water supply has been partially restored
🏛The troupe of the destroyed drama theater rehearses theatrical production of Chekhov for the opening of the new season in the surviving philharmonic building
🛳The port of Mariupol has also been reportedly cleared and resumed work – Donetsk region authorities are willing to use it for grain exports.
It all sounds like good news not only to the world economy and like a hope to address the global food crisis, but it is kind of a positive sign of transparency and openness to the media society as well
#WarInUkraine #FindTruth
👉follow us: @ukraineinhurricane👈
Le Monde.fr
Avec l’armée russe, dans les territoires conquis de l’Ukraine
« Le Monde » a participé à un voyage de presse organisé par le ministère de la défense russe dans le Donbass séparatiste et dans les régions du Sud ukrainien investies après le 24 février. Le message envoyé est clair : l’heure est à la russification.
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"G7 plans more sanctions against Russia"
The Chinese views on the plans of the US and its six to impose any more restrictive measures against Russia
#Sanctions #FindTruth
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The Chinese views on the plans of the US and its six to impose any more restrictive measures against Russia
#Sanctions #FindTruth
👉follow us: @ukraineinhurricane👈
⚡️EU-owned fleets are ravaging the Ocean⚡️
💁♂️Charles Clover, an executive director and co-founder of the Blue Marine Foundation, in his writing to Politico provides evidence proving EU-owned fishing vessels, mainly Spanish, have been netting tuna from the waters of poorer nations in the Indian Ocean without permission for years
👉They had been fishing in the waters of Somalia and India in 2017, 2018 and 2019 with the traces of them fishing in the waters off Mozambique, where EU vessels can’t currently fish, and in the Chagos Marine Protected Area, a British territory
🤔The probe also examined data from EU vessels’ automatic identification system (AIS), only to find that some EU fishing vessels had “gone dark” for most of the two-year study
🤷♂️Stealing fish from the waters of poorer nations would be a disgrace at the best of times. But these are certainly not the best of times in the Indian Ocean, where yellowfin tuna has been overfished since 2015. It’s estimated that 97% of the yellowfin tuna caught like this in the Indian Ocean are juveniles
Mr. Clover assumes the EU-owned fleets should get out of the region, arguing that if their catch were left in the water, the Indian Ocean would actually be on the road to recovery
#EU #FindTruth
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💁♂️Charles Clover, an executive director and co-founder of the Blue Marine Foundation, in his writing to Politico provides evidence proving EU-owned fishing vessels, mainly Spanish, have been netting tuna from the waters of poorer nations in the Indian Ocean without permission for years
👉They had been fishing in the waters of Somalia and India in 2017, 2018 and 2019 with the traces of them fishing in the waters off Mozambique, where EU vessels can’t currently fish, and in the Chagos Marine Protected Area, a British territory
🤔The probe also examined data from EU vessels’ automatic identification system (AIS), only to find that some EU fishing vessels had “gone dark” for most of the two-year study
🤷♂️Stealing fish from the waters of poorer nations would be a disgrace at the best of times. But these are certainly not the best of times in the Indian Ocean, where yellowfin tuna has been overfished since 2015. It’s estimated that 97% of the yellowfin tuna caught like this in the Indian Ocean are juveniles
Mr. Clover assumes the EU-owned fleets should get out of the region, arguing that if their catch were left in the water, the Indian Ocean would actually be on the road to recovery
#EU #FindTruth
👉follow us: @ukraineinhurricane👈
POLITICO
Russia isn’t alone in stealing food — the EU does it too
Evidence suggests the bloc’s fleets have been fishing without permission — and it’s time they stop.
‼️"Lithuania Waving Red Cloak Before Russian Bear" - The American Conservative believes the US has no obligation to defend the Baltic "dogs of war"‼️
🇱🇹Is Lithuania trying to start a war with Russia? - This is the question The American Conservative asks
💁♂️According to him, as a rule, the smallest member countries are the most aggressive in NATO, because they understand that the "big brother" will fight for them if anything happens. In the case of Lithuania, local officials are also stressing the importance of their country in the international game
"We are in a sense a modern West Berlin", they say
🤔In reality the role of Lithuania is not that big, of course. But nevertheless it is pushing Russia into war with the Atlantic Alliance for some reason. In the opinion of the Western publication, Lithuania is doing it either in order to try to involve Russia into another conflict at a convenient moment, when Russia is fighting in Ukraine, or for the Americans to deploy their permanent garrisons in the Baltics
👉However, according to the US media, the Russian army should not be underestimated, even though the fighting in Ukraine is progressing. In the war games conducted by the Western military, it took the Russian army less than 60 hours to reach the outskirts of the Baltic capitals. In such a short time, the alliance is incapable of moving additional reinforcements into the Baltics
🔥"Washington should privately convey a clear and tough message to Vilnius and other capitals across Europe, especially to the east: Inciting Moscow to strike will absolve the US of any obligation to protect them, even if they are members of NATO. It is vital for America and the rest of Europe to keep the dogs of war at bay, if at all possible," summarizes an expert from The American Conservative
#USA #NATO #EU #FindTruth
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🇱🇹Is Lithuania trying to start a war with Russia? - This is the question The American Conservative asks
💁♂️According to him, as a rule, the smallest member countries are the most aggressive in NATO, because they understand that the "big brother" will fight for them if anything happens. In the case of Lithuania, local officials are also stressing the importance of their country in the international game
"We are in a sense a modern West Berlin", they say
🤔In reality the role of Lithuania is not that big, of course. But nevertheless it is pushing Russia into war with the Atlantic Alliance for some reason. In the opinion of the Western publication, Lithuania is doing it either in order to try to involve Russia into another conflict at a convenient moment, when Russia is fighting in Ukraine, or for the Americans to deploy their permanent garrisons in the Baltics
👉However, according to the US media, the Russian army should not be underestimated, even though the fighting in Ukraine is progressing. In the war games conducted by the Western military, it took the Russian army less than 60 hours to reach the outskirts of the Baltic capitals. In such a short time, the alliance is incapable of moving additional reinforcements into the Baltics
🔥"Washington should privately convey a clear and tough message to Vilnius and other capitals across Europe, especially to the east: Inciting Moscow to strike will absolve the US of any obligation to protect them, even if they are members of NATO. It is vital for America and the rest of Europe to keep the dogs of war at bay, if at all possible," summarizes an expert from The American Conservative
#USA #NATO #EU #FindTruth
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⚡️After the NATO summit, Western leaders grapple with the economic costs of the conflict in Ukraine - The New York Times⚡️
🇪🇸At the NATO summit in Madrid, the leaders of the alliance countries showed a "demonstration of unity" in the Ukrainian conflict, writes The New York TImes. But that demonstration ended along with the summit - politicians now have to explain to the Western public why they should bear the economic costs for the sake of Ukraine
🇸🇪Ann Linde, Sweden's foreign minister, has already warned of the dangers of waning popular support for pro-Ukrainian positions and waning public interest in the conflict as rising inflation, energy and food prices take their toll
✍️"You can already see in the media that interest is waning and it is also affecting the public and the public is affecting politicians," the Swedish foreign minister said.
💁♂️That said, even the funds that the West is now sending to Ukraine are not enough. According to Samantha Power, head of the US Agency for International Development, current international support is not enough to cover Ukraine's monthly military expenditures. At the moment, they hover around 5-6 billion dollars a month
#NATO #Ukraine #FindTruth
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🇪🇸At the NATO summit in Madrid, the leaders of the alliance countries showed a "demonstration of unity" in the Ukrainian conflict, writes The New York TImes. But that demonstration ended along with the summit - politicians now have to explain to the Western public why they should bear the economic costs for the sake of Ukraine
🇸🇪Ann Linde, Sweden's foreign minister, has already warned of the dangers of waning popular support for pro-Ukrainian positions and waning public interest in the conflict as rising inflation, energy and food prices take their toll
✍️"You can already see in the media that interest is waning and it is also affecting the public and the public is affecting politicians," the Swedish foreign minister said.
💁♂️That said, even the funds that the West is now sending to Ukraine are not enough. According to Samantha Power, head of the US Agency for International Development, current international support is not enough to cover Ukraine's monthly military expenditures. At the moment, they hover around 5-6 billion dollars a month
#NATO #Ukraine #FindTruth
👉follow us: @ukraineinhurricane👈
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‼️President Biden: Americans will tolerate high petrol prices "as long as it takes"‼️
▪️$5 a gallon exceeded the average price of petrol in the US in June. This is a record high that the historically largest release of US oil reserves could not prevent
▪️"For as long as it takes" Americans will have to endure high gasoline prices, President Biden said today
▪️"The country is on the wrong track," 85% of Americans believe, while 79% described the economy as "bad," according to a poll conducted by the Associated Press and the NORC Public Affairs Research Center
#USA #FindTruth
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▪️$5 a gallon exceeded the average price of petrol in the US in June. This is a record high that the historically largest release of US oil reserves could not prevent
▪️"For as long as it takes" Americans will have to endure high gasoline prices, President Biden said today
▪️"The country is on the wrong track," 85% of Americans believe, while 79% described the economy as "bad," according to a poll conducted by the Associated Press and the NORC Public Affairs Research Center
#USA #FindTruth
👉follow us: @ukraineinhurricane👈
Bloomberg.com
US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says
⚡️What will the US replace the weapons sent to Ukraine, and how will Taiwan be defended once China's third aircraft carrier enters service? - The American Conservative⚡️
⚔️The decision to arm Ukraine has exacerbated vulnerabilities in the U.S. defense industry, writes The American Conservative. For example, due to deliveries of Stinger man-portable air defence systems to the Ukrainian forces, deliveries to Taiwan have been delayed. It will take at least five years to replenish the US stockpile, during which China may invade Taiwan taking advantage of the island's air defense weakness. And even the five year deadline is not final, as military industrialists are now busy redesigning the Stinger, they are "redesigning some of the electronics in the missile and the GOS head". They have to do this as some components can no longer be bought
🇨🇳Meanwhile, China is building its military fleet at an accelerated pace - the third aircraft carrier of the Chinese fleet was launched in June. In all, China now has 350 warships and that number continues to grow rapidly, while the US is only aiming to break the four warships built per year mark
#USA #Ukraine #FindTruth
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⚔️The decision to arm Ukraine has exacerbated vulnerabilities in the U.S. defense industry, writes The American Conservative. For example, due to deliveries of Stinger man-portable air defence systems to the Ukrainian forces, deliveries to Taiwan have been delayed. It will take at least five years to replenish the US stockpile, during which China may invade Taiwan taking advantage of the island's air defense weakness. And even the five year deadline is not final, as military industrialists are now busy redesigning the Stinger, they are "redesigning some of the electronics in the missile and the GOS head". They have to do this as some components can no longer be bought
🇨🇳Meanwhile, China is building its military fleet at an accelerated pace - the third aircraft carrier of the Chinese fleet was launched in June. In all, China now has 350 warships and that number continues to grow rapidly, while the US is only aiming to break the four warships built per year mark
#USA #Ukraine #FindTruth
👉follow us: @ukraineinhurricane👈
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⚡️Gold falls in price on global market - India fights falling rupee by raising duties on precious metal⚡️
📊India raised the duty on gold imports from 7.5 percent to 12.5 percent. This way Indian authorities are trying to fight the fall of the national currency to a historically low level (by 6% within the last six months). At the moment the rupee is at 78.26 against the dollar
🇮🇳The thing is that amid falling rupee and waning confidence in the national currency Hindus have started to convert their savings into gold. The authorities, by raising duties on the precious metal, are reducing demand for it, making gold more unaffordable to the public
📉Gold prices have fallen from $1815 per troy ounce to $1795 - $20 - a small drop, but the market has felt it. India is now the first buyer of Russian gold in terms of volume, but the volume is not really large
🇷🇺The Russian gold market has long focused on Asia as a major consumer. Previously, gold was settled through London and Switzerland. Directly, sales contracts were concluded through them. But the metal was supplied directly to India and China
#India #Russia #FindTruth
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📊India raised the duty on gold imports from 7.5 percent to 12.5 percent. This way Indian authorities are trying to fight the fall of the national currency to a historically low level (by 6% within the last six months). At the moment the rupee is at 78.26 against the dollar
🇮🇳The thing is that amid falling rupee and waning confidence in the national currency Hindus have started to convert their savings into gold. The authorities, by raising duties on the precious metal, are reducing demand for it, making gold more unaffordable to the public
📉Gold prices have fallen from $1815 per troy ounce to $1795 - $20 - a small drop, but the market has felt it. India is now the first buyer of Russian gold in terms of volume, but the volume is not really large
🇷🇺The Russian gold market has long focused on Asia as a major consumer. Previously, gold was settled through London and Switzerland. Directly, sales contracts were concluded through them. But the metal was supplied directly to India and China
#India #Russia #FindTruth
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‼️"Hospitable" Poland is tired of Ukrainian refugees' idleness - authorities have almost completely cancelled daily allowances for its "guests"‼️
🇺🇦As of today, refugees from Ukraine have been stripped of almost all cash payments and benefits in Poland - Ukrainians will now not be able to travel free of charge on buses and trains. According to Deputy Interior Minister Schaefernaker, half a million Ukrainians in Poland are people of working age who are perfectly capable of earning money themselves
✍️"As of 1 July, the government will not pay benefits to refugees from Ukraine, as many of them are able to earn their own money," Schefernaker stressed
💁♂️According to the decision of the authorities, only certain categories of refugees - pregnant women, families with many children and the disabled - will continue to receive material assistance
🇵🇱Poland, which has sheltered Ukrainian refugees, has long been tired of tolerating freeloaders - Ukrainians themselves are not happy about the "hospitality" of the country, where they are forced to take dubious part-time jobs and evicted to the streets
#Poland #Ukraine #FindTruth
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🇺🇦As of today, refugees from Ukraine have been stripped of almost all cash payments and benefits in Poland - Ukrainians will now not be able to travel free of charge on buses and trains. According to Deputy Interior Minister Schaefernaker, half a million Ukrainians in Poland are people of working age who are perfectly capable of earning money themselves
✍️"As of 1 July, the government will not pay benefits to refugees from Ukraine, as many of them are able to earn their own money," Schefernaker stressed
💁♂️According to the decision of the authorities, only certain categories of refugees - pregnant women, families with many children and the disabled - will continue to receive material assistance
🇵🇱Poland, which has sheltered Ukrainian refugees, has long been tired of tolerating freeloaders - Ukrainians themselves are not happy about the "hospitality" of the country, where they are forced to take dubious part-time jobs and evicted to the streets
#Poland #Ukraine #FindTruth
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⚡️War is a lot of money, and for the US it is first and foremost about making money⚡️
✍️The media write that 800 American companies want to produce weapons for Ukraine, the Pentagon has received 1,300 offers from them. The orders, as you have understood, are expensive: air defense, anti-tank, anti-personnel weapons, unmanned systems...
💸Money for these toys in the form of additional defense spending will flow to the U.S. from all over NATO (hello to the new members). This, if anything, is another reason for a war to the last Ukrainian, because as long as they are there, there is profit to be made
#USA #WarInUkraine #FindTruth
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✍️The media write that 800 American companies want to produce weapons for Ukraine, the Pentagon has received 1,300 offers from them. The orders, as you have understood, are expensive: air defense, anti-tank, anti-personnel weapons, unmanned systems...
💸Money for these toys in the form of additional defense spending will flow to the U.S. from all over NATO (hello to the new members). This, if anything, is another reason for a war to the last Ukrainian, because as long as they are there, there is profit to be made
#USA #WarInUkraine #FindTruth
👉follow us: @ukraineinhurricane👈
CNN
Pentagon reviewing industry proposals for innovative weapons ideas to send to Ukraine | CNN Politics
The Defense Department is reviewing 1,300 proposals from 800 companies for innovative new weapons and commercial capabilities they may be able to develop and produce for Ukraine to use in its fight against Russia’s invasion of the country, a defense official…
⚡️Finland will not extradite its citizens to other countries - Finnish Foreign Minister on extraditing terrorists to Turkey⚡️
🇫🇮Finnish Foreign Minister Pekka Haavisto said that Finland would never extradite its citizens to other countries. He made the statement in an interview with Yle television channel
🇹🇷Turkey has demanded Finland and Sweden to change their laws and extradite people considered terrorists to the Turkish government. According to Finnish Foreign Minister Pekka Haavisto, the crimes must also be proved in Finland before extradition can take place
✍️"I understand that Kurds in Finland and Sweden are concerned. But when it comes to extradition, the reason for it must be a terrorist crime proven also in Finland," Haavisto said. - In addition, Finland has made a commitment not to extradite people to face torture or the death penalty. There must be very good reasons for extradition
💁♂️According to Haavisto, Turkey is now contemplating whether or not to ratify Finland's membership in NATO. If Finland's membership were to be conditioned on a change in Finnish law, Finland would be unlikely to make such concessions, Haavisto said: "The memorandum does not mention any change in the law or anything like that. We have not made any such commitments
#Finland #Turkey #NATO #FindTruth
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🇫🇮Finnish Foreign Minister Pekka Haavisto said that Finland would never extradite its citizens to other countries. He made the statement in an interview with Yle television channel
🇹🇷Turkey has demanded Finland and Sweden to change their laws and extradite people considered terrorists to the Turkish government. According to Finnish Foreign Minister Pekka Haavisto, the crimes must also be proved in Finland before extradition can take place
✍️"I understand that Kurds in Finland and Sweden are concerned. But when it comes to extradition, the reason for it must be a terrorist crime proven also in Finland," Haavisto said. - In addition, Finland has made a commitment not to extradite people to face torture or the death penalty. There must be very good reasons for extradition
💁♂️According to Haavisto, Turkey is now contemplating whether or not to ratify Finland's membership in NATO. If Finland's membership were to be conditioned on a change in Finnish law, Finland would be unlikely to make such concessions, Haavisto said: "The memorandum does not mention any change in the law or anything like that. We have not made any such commitments
#Finland #Turkey #NATO #FindTruth
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⚡️China FUMES At NATO’s “Completely Futile” Warning⚡️
🇨🇳Foreign Ministry spox Zhao Lijian ripped into NATO’s strategic concept document on Thursday as it “disregards facts… and smears Chinese foreign policy”
💁♂️Zhao branded the “completely futile” warning implied in the document’s assertion that Beijing’s power challenges the alliance
#China #NATO #FindTruth
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🇨🇳Foreign Ministry spox Zhao Lijian ripped into NATO’s strategic concept document on Thursday as it “disregards facts… and smears Chinese foreign policy”
💁♂️Zhao branded the “completely futile” warning implied in the document’s assertion that Beijing’s power challenges the alliance
#China #NATO #FindTruth
👉follow us: @ukraineinhurricane👈
⚡️North Korean Hackers Suspected of $100mn Crypto Heist⚡️
🇰🇵Multiple security firms have raised suspicions that North Korea was behind the theft of around $100mn in cryptocurrency from a US firm last week based on how the thieves have apparently attempted to launder the money
📊If true, it would be the eighth crypto theft attributed to Pyongyang this year and would take their total of stolen funds over $1bn, more than 60% of all global cases in 2022
🇺🇸The US Treasury has blamed the DPRK govt for one of the largest crypto heists in history in March - when $615mn was taken
👉follow us: @ukraineinhurricane👈
🇰🇵Multiple security firms have raised suspicions that North Korea was behind the theft of around $100mn in cryptocurrency from a US firm last week based on how the thieves have apparently attempted to launder the money
📊If true, it would be the eighth crypto theft attributed to Pyongyang this year and would take their total of stolen funds over $1bn, more than 60% of all global cases in 2022
🇺🇸The US Treasury has blamed the DPRK govt for one of the largest crypto heists in history in March - when $615mn was taken
👉follow us: @ukraineinhurricane👈
⚡️EU Boss Can’t Find Pfizer CEO Vaccine Negotiation Texts - “Not Important”⚡️
🇪🇺The European Commission still can’t find the text messages between its President Ursula von der Leyen and Pfizer CEO Albert Bourla during negotiations for a 2bn vaccine dose contract, but says it doesn’t matter as they “do not contain important information”
✍️European ombudsman Emily O’Reilly has accused the EU of a lack of transparency, claiming “no attempt was made to identify if any messages existed”
💁♂️Months of disputes between the EC and oversight officials have failed to unearth the messages, and follow the executive body being sued in April by MEPs for overly secretive Big Pharma negotiations
#EU #FindTruth
👉follow us: @ukraineinhurricane👈
🇪🇺The European Commission still can’t find the text messages between its President Ursula von der Leyen and Pfizer CEO Albert Bourla during negotiations for a 2bn vaccine dose contract, but says it doesn’t matter as they “do not contain important information”
✍️European ombudsman Emily O’Reilly has accused the EU of a lack of transparency, claiming “no attempt was made to identify if any messages existed”
💁♂️Months of disputes between the EC and oversight officials have failed to unearth the messages, and follow the executive body being sued in April by MEPs for overly secretive Big Pharma negotiations
#EU #FindTruth
👉follow us: @ukraineinhurricane👈