US Congress mulling ways to ‘encourage’ India to downscale ties with Russia
Meanwhile:
America Imported Over $6 Billion in Goods From Russia Since Ukraine Invasion
Energy prices are rocketing, inflation is soaring and millions are being starved of grain. Surely Johnson knew this would happen?
The rouble is soaring and Putin is stronger than ever – our sanctions have backfired
H/T: Richard Medhurst
Ivan Loshkaryov
Since the early days of Russia’s special military operation in Ukraine, the diplomacy of the Сollective West has been striving to isolate Moscow, punishing it for resolving the conflict in Donbass. However, one cannot talk about isolation without accounting for the position of developing countries: Alongside the golden billion, there are another 7 billion people living in the world. It is then only natural that the eyes of Western strategists and diplomats have turned to states and regional organizations reluctant to join the anti-Russian rhetoric, seeing no point in imposing economic and political restrictions against Moscow.
How Russia and the U.S. See Africa’s Place in the World
By Yeghia Tashjian | The Cradle | August 19 2022
The US is leveraging Egypt’s gas supply to pressure Beirut over US-brokered maritime border talks with Israel
How the US controls Lebanon’s energy supply
Global conferences demand that developing countries hasten their journey to clean energy, but African political leaders are pushing back. They want to develop the continent’s gas deposits, in particular, to deliver vitally needed power.
‘We are not the problem’ – Africa insists on gas as transition fuel
The energy crisis will divide Europe
German economic power is waning, and with its industrial base getting weaker and its population poorer, the willingness to support other members of the Eurozone will be more limited. This is not a recipe for stability, and it seems more likely than not that European solidarity is already past its high point.
This Thursday, August 18, the second day of the “Border Agreement” meeting was held, an event attended by Venezuelan and Colombian authorities, and businesspeople who seek to reach agreements for the commercial reopening between Venezuela and Colombia.
Historic ‘Border Agreement’ Meeting Held to Discuss Renewal of Venezuela–Colombia Diplomatic Relations
The writing is on the wall for Europe in terms of this coming winter – It’s going to get ugly. With natural gas imports from Russia cut by 80% through Nord Stream 1 along with the majority of oil shipments, the EU is going to be scrambling for whatever fuel sources they can find to supply electricity and heating through the coming winter. Two sources that were originally suggested as alternatives were Iran and Venezuela.
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
Related:
Venezuela: Oil Production Declines as Shipments to Europe Suspended
Caracas’ oil operations were affected by mechanical disruptions caused by alleged attacks against oil facilities. On July 16 a natural gas pipeline explosion and a power outage interrupted PDVSA’s supply to its main crude production and export hub, the José Antonio Anzoátegui industrial complex in eastern Venezuela.
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With the operational disruption depleting Venezuela’s lightest oil grade stocks, Iran recently began to increase its supply of 29.5°API blend, a lighter alternative to Venezuela’s 16°API Merey, in order to boost fuel production and free domestic upgraded blends for exports.
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However, anonymous sources revealed that Caracas might suspend crude cargoes to Europe while the industry recovers from recent setbacks. PDVSA is reportedly negotiating the terms of the oil-for-debt agreements with Eni and Repsol to receive fuel while still settling long-standing debts owed to the two companies.
Neither Venezuela’s Oil Ministry nor PDVSA has issued statements confirming the alleged halted shipments to Europe or the renegotiation of the swap deals.
Bill Gates and the Secret Push to Save Biden’s Climate Bill
Gates started wooing Manchin and other senators who might prove pivotal for clean-energy policy in 2019 over a meal in Washington DC. “My dialogue with Joe has been going on for quite a while,” Gates said. “Almost everyone on the energy committee” — of which Manchin was then the senior-most Democrat — “came over and spent a few hours with me over dinner.”
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Also at Manchin’s insistence, automakers also will see new strings attached to electric vehicle tax incentives so they will have to be made in North America and, by 2024, can’t use batteries sourced from China. Labor leaders bemoaned that the final package doesn’t contain much support for workers who lose their jobs in the green transition.
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There’s been such whiplash from 2016 when, as Gates puts it, green spending from the US government “had dropped to near zero.” Six years later, American climate finance has been “reinvigorated,” and Gates now sees innovation “going way faster than I expected. That’s why I’m optimistic that we will solve this thing.”
The working class is going to be thrown under the bus, but at least Bill Gates is happy. 🤷🏼♀️
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