The EU’s Embargo On Russian Oil Will Be A Boon For OPEC
- The current oil market climate is complex, to say the least.
- Europe is preparing to enact its embargo on Russian oil and refiners are scrambling for alternatives.
- Many searching for new sources of crude have landed on Middle Eastern producers as a potential alternative.
Tag: Group of Seven
Canadian Journalist Added to Ukrainian Hitlist + NATO is behind the site of Ukrainian nationalists “Peacemaker”
Guy Boulianne of Quebec targeted by “Mirotvorets”
Canadian Journalist Added to Ukrainian Hitlist (archived)
Related:
Important data from the “Myrotvorets” site on crimes against minors in Russia, Donbass and Ukraine have been published by the Foundation for Combating Injustice (original in French)
[2015] NATO is behind the site of Ukrainian nationalists “Peacemaker”
U.S. privately asks Ukraine to show it’s open to negotiate with Russia
So much propaganda to sift through!?! 🙄
U.S. privately asks Ukraine to show it’s open to negotiate with Russia
The request by American officials is not aimed at pushing Ukraine to the negotiating table, these people said. Rather, they called it a calculated attempt to ensure the government in Kyiv maintains the support of other nations facing constituencies wary of fueling a war for many years to come.
The discussions illustrate how complex the Biden administration’s position on Ukraine has become, as U.S. officials publicly vow to support Kyiv with massive sums of aid “for as long as it takes” while hoping for a resolution to the conflict that over the past eight months has taken a punishing toll on the world economy and triggered fears of nuclear war.
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German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy
German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy (Yahoo)
“I think we could have avoided this if the chancellor had followed the outline that we laid down together. One year ago, we said that Germany’s China policy must be strongly integrated with the US-China policy,” he added, stressing that the “coalition contract” also supports Taiwan’s democracy against “China’s aggression” and its “meaningful participation in international organisations”.
…
Over the past two decades, business interests have heavily influenced the country’s China policy. Last year, their combined exports and imports stood at more than US$255 billion, making China Germany’s top trading partner for the sixth straight year.
Germany is dependent on China for solar panels, computer chips, rare earths and other critical minerals. The bilateral trade directly supports more than 1 million German jobs.
Germany’s top 10 listed companies are reliant on China for a significant share of their revenues. According to the Rhodium Group, a New York-based research institute, automakers BMW, Mercedes-Benz and Volkswagen and chemical giant BASF accounted for one-third of all EU investments in China in the past four years.
The Greens are idiots!
NATO in the Amazon: Petro Plays with Fire
By Roger D. Harris on October 26, 2022
NATO recently expanded to Sweden and Finland, has been de facto incorporated in Ukraine, and may extend to Georgia. Now, NATO’s entry into the Amazon is in the works under the aegis of newly elected President Gustavo Petro of Colombia.
NATO in the Amazon: Petro Plays with Fire
Related:
The US warns Petro of the danger of falling into the hands of China:
The Government of Colombia replies to Washington that if it wants to prevail over Beijing, it must finance the purchase of land from ranchers to distribute among the peasants
Quid pro quo?!
US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest
The Biden administration intends to delay setting a price cap on Russian oil until after the November 8 midterms amid concerns that the fallout could weigh on Democrats’ standing in the upcoming vote, American media reported on Friday, citing sources.
Contingency planning, negotiations on price both within the administration and with allies, as well as the OPEC+ production cut have also contributed to the delay, the report said.
US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest
The Straw That Broke the Camel’s Back: The Best Way to Respond to Saudi Arabia’s Embrace of Putin
The Best Way to Respond to Saudi Arabia’s Embrace of Putin
But this claim is unjustified. OPEC has never cut production in such a record tight market and these production cuts will lead to unsustainably low oil inventories, sending the price of oil skyrocketing out of any “acceptable band.” Furthermore, the G-7 oil price caps plan is not targeted at OPEC; it is strictly limited to Russian oil.
Nor can this Saudi move be justified by the non-existent global recession its leaders cite. Presently markets are very tight, with lush 73 percent profit margins for Saudi Arabia. In other words, there was no immediate need for Saudi Arabia to reduce supply unless they were seeking to harm the U.S. to the benefit of Russia.
Non-existent global recession?!? Low oil inventories?!? Maybe Biden shouldn’t be releasing our oil from the Strategic Petroleum Reserve?! As for never cutting production, before, looks like they have!? 🤷🏼♀️
EU Pushes For More Sanctions Which Will Come Back To Bite It
On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.
EU Pushes For More Sanctions Which Will Come Back To Bite It
EU Ambassadors Agree On A Russian Oil Price Cap
European Union ambassadors reached an agreement on Wednesday to impose a new package of sanctions on Russia, including banning maritime transportation for Russian oil to third-party countries unless the oil is sold below or at a certain price cap.
EU Ambassadors Agree On A Russian Oil Price Cap
They sure are gluttons for punishment! 🤦🏼♀️
The United States Wants to Prevent a Historical Fact: Eurasian Integration
by Vijay Prashad / July 7th, 2022
Over the course of the past fifteen years, European countries have found themselves with both great opportunities to seize and complex choices to make. Unsustainable reliance on the United States for trade and investment, as well as the curious distraction of Brexit, led to the steady integration of European countries with Russian energy markets and more uptake of Chinese investment opportunities and its manufacturing prowess.
The United States Wants to Prevent a Historical Fact: Eurasian Integration
Related video:
Vijay Prashad – Why the United States Opposed the Historical Integration of Eurasia
Ms. Cat’s Chronicles 
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