OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)
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But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.
The Battle of Ukraine and the War It’s Part Of
The Russian military is not the Red Army, but the forces opposing it areinclusive of a revanchist army of Hitlerian fascism. The principal actors in this conflict are, on the one side, a rising oligarchic capitalist state trying to create a multipolar world in which it and other rising, (including self-identified socialist) countries can act and grow unconstrained by the hegemon, and, on the other, an oligarchic capitalist and hegemonic imperialist state, plus Nazis. I’m not a fan of either of them, but I know whom I don’t want to win.
And so does China. And Venezuela. And Nicaragua. And Cuba.
If there’s a way out, it’s with them.
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In general, much remains to be done to strengthen national sovereignty in the economy. American sanctions are the agony of the outgoing imperial world economic system based on the use of force. In order to minimize the dangers associated with it, it is necessary to accelerate the formation of a new – integral – world economic order which restores international law, national sovereignty, equality of countries, diversity of national economic models, principles of mutual benefit and voluntariness in international economic cooperation.”
The Southeast Asian country of Cambodia continues taking steps in its battle against US interference within its internal political affairs. More recently it has begun implementing an Internet gateway to secure the nation’s information space from abuse, manipulation, and infiltration by Western interests.
Cambodia Internet Gateway: Securing National Information Space
French President Macron backs NATO war drive against Russia
Examining Macron’s speech also reveals the explosive internal class conflicts the NATO powers are seeking to suppress with the war drive against Russia. Already before the war, strikes and protests were mounting against rising inflation and the policies of mass infection with COVID-19 pursued by the NATO powers. Handouts of trillions of dollars and euros to the investing classes in bank bailouts massively fueled inflation, even as over 2 million people died of COVID-19 inside NATO.
Macron laid out a framework in which NATO can try to use the war to falsely blame Russia for the mounting social and economic suffering caused by the official handling of the pandemic. Having admitted that the NATO powers are working to cut Russia out of international trade, he proceeded to blame Russia for the acceleration of inflation and economic disruption the NATO trade embargo on Russia will produce.
Ms. Cat’s Chronicles 