Africa taken for ‘neo-colonial’ ride

By Anis Chowdhury and Jomo Kwame Sundaram – Jul 26, 2022

SYDNEY and KUALA LUMPUR, Jul 26 2022 (IPS) – Like so many others, Africans have long been misled. Alleged progress under imperialism has long been used to legitimize exploitation. Meanwhile, Western colonial powers have been replaced by neo-colonial governments and international institutions serving their interests.

Africa taken for ‘neo-colonial’ ride

Moscow’s New Found Independence + More

Moscow’s New Found Independence

Hudson noted, however, that “the biggest beneficiary” of Russia having been laden with sanctions is Washington. This is because Europe, which is heavily reliant on Russian energy, is faced with simultaneous energy and food crises, thus leaving it with little ability to pay attention to other matters.

“Basically, Washington doesn’t care if Russia wins the war [in Ukraine], because the US has succeeded in eliminating its competition in Europe, especially Germany.”

Related:

The International Energy Agency says Western sanctions have had a “limited impact” on Russian oil production

The agency added that the European Union’s commitment to reduce member states’ gas consumption by 15 percent from August 2022 to March 2023 will continue to increase oil demand by about 300,000 barrels per day for the next six quarters.

Shipping oil from the US to Europe costs 12 times more than the start of 2022 as nations continue to shun Russian crude

The Aframax vessels are optimally-sized to dock at European docks, which often cannot fit supertankers, an analyst from E.A. Gibson Shipbrokers told Bloomberg, and the current sky-high rates should remain heightened in the months ahead so long as sanctions against Russia remain.

“The market consensus was too pessimistic about Russia’s capability to re-route volumes to other buyers,” IEA analysts said. “Russia’s exports adjusted towards other buyers without a serious disruption to its production.”

Deep in the murder of former Prime Minister Abe

July 10, 2022 | Sakai Tanaka

The main point of the case in which Shinzo Abe, the former Prime Minister, was murdered on July 8 was that Abe was the mastermind and fixer who controls the LDP. After Abe retired from the prime minister two years ago, Yoshihide Suga, who succeeded him, and Fumio Kishida, who is now the prime minister, will be the prime minister. At that time, I created a system in which Abe’s intentions have a great influence. Since his prime ministerial era, Abe has continued to be subordinate to the United States while maintaining intimacy with China, transforming Japan into a “US-China” stance. While Abe takes on China’s hostile measures such as the US “Indo-Pacific”, he tries to cooperate without hostile to China in bilateral relations between Japan and China, and the world hegemony structure will change from the conventional US single system to many in the future. Even if it is converted to the polar type, Japan has been able to do it. (Abe’s Japan, which did not follow the US’s view of China and was neutralized)

Deep in the murder of former Prime Minister Abe

Interesting theory.

Originally found, here.

‘EU may cut financial aid to Ukraine’

The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.

‘EU may cut financial aid to Ukraine’

H/T: THE NEW DARK AGE

Related:

EU Stalls on Ukraine Aid as Fears Spike of Gas Crisis at Home

The European Commission also committed in May to finance the bulk of the reconstruction of the country, which could amount to $750 billion, according to Ukrainian government estimates. That could prove an even thornier debate for the EU as there’s no agreement over how to raise the funds. The commission’s offer scared some member states, wary of the massive effort required to rebuild the country and potential corruption issues, people familiar with the discussion said.

EU economy commissioner Paolo Gentiloni told ministers during the closed-door meeting that national governments need to ensure that the economic response to the war’s fallout is strong enough to avoid the risk of fatigue among Europeans, an EU official said. Gentiloni told reporters on Thursday that governments have a “duty” to mitigate the impact of higher prices, in particular of the energy bills, on the poor.

Trying to ward off any more protests, huh?! 🤷🏼‍♀️

Why G7’s Program for Developing Countries is Still No Match for China’s Belt & Road

Samizdat – 28.06.2022

The G7 on 26 June re-launched its previous Build Back Better World program to provide infrastructure funds to poor and developing nations under a new name, the Global Investment and Infrastructure Partnership. The project aims to compete with China’s Belt and Road Initiative kicked off by Beijing in 2013.

Why G7’s Program for Developing Countries is Still No Match for China’s Belt & Road