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

Larry Summers warns unemployment must rise to cool inflation

Ex-Treasury Secretary Larry Summers warned that millions of currently employed Americans must lose their jobs in order for the Federal Reserve to succeed in its bid to cool inflation.

Larry Summers warns unemployment must rise to cool inflation

Related:

Larry Summers Says US Needs 5% Jobless Rate for Five Years to Ease Inflation

Maybe he can ship some more jobs overseas [/sarcasm]?! I’d suggest shipping him, overseas, but I wouldn’t even wish that on my enemy!

India, Germany cogitate on Ukraine

Prime Minister Narendra Modi’s short visit to Germany pegged on the Indian-German Intergovernmental Commission meeting in Berlin on Monday inevitably came to focus on the Ukraine crisis. The western media would have loved to grill Modi on India’s reluctance to criticise Russia’s special military operation in Ukraine. But German hosts thoughtfully skipped the customary Q&A after the joint appearance of Modi and Chancellor Olaf Scholz before the press.

India, Germany cogitate on Ukraine

The NATO to TikTok Pipeline: Why is TikTok Employing So Many National Security Agents?

by Alan Macleod

TikTok has become an enormously influential medium that reaches over one billion people worldwide. Having control over its algorithm or content moderation means the ability to set the terms of global debate and decide what people see. And what they don’t.

The NATO to TikTok Pipeline: Why is TikTok Employing So Many National Security Agents?

Related:

The National Democratic Institute for International Affairs (NDI) is one of the main components of the regime change organization National Endowment for Democracy (NED); that is, NED channels its funds through four organizations, and NDI is one of them, to “promote free, fair, transparent democratic elections but in such a way that it would assure that power went to the elites and not to the people”.

National Democratic Institute

National Democratic Institute for International Affairs

Israel, Biden and the 2022 midterms

Israel, Biden and the 2022 midterms

The wear and tear suffered by Biden after the fiasco in Afghanistan, runaway inflation and the possible entry into recession of the economy next year after the war in Ukraine, could lead to the Republican victory in the midterm elections of 2022 that would anticipate a triumphant return of Trump in the 2024 Presidential elections and what would be a paradigm of the recent Republican victory in the State of Virginia. Thus, after the fiascoes in Syria, Libya and Iraq, Iran would be the new bait for the Anglo-Jewish plan of the Machiavellian Plan outlined by the Anglo-Jewish Alliance in 1960 to attract both Russia and China and provoke a great regional conflict that will mark future of the area in the coming years and that it would be a new local episode that would be framed in the return to the recurring endemism of the US-Russia Cold War. This conflict could involve the three superpowers (USA, China and Russia) counting as necessary collaborations the regional powers (Israel, Syria, Egypt, Jordan, Saudi Arabia and Iran), covering the geographical space that extends from the Mediterranean arc (Libya, Syria and Lebanon) to Yemen and Somalia, with Iraq as the epicenter and recalling the Vietnam War with Lindon B. Johnson (1963-1969).

Europe Must Learn To Cheat On Its Sanctions (Just Like The U.S. Is Doing It)

April 01, 2022 – Moon of Alabama

The European Union and China will hold a virtual summit today. Before the summit started Brussels has strewn rumors that it would pressure China to not support Russia.

China is of course rejecting any pressure and retaliates by pointing out Europe’s weak strategic autonomy:

Europe Must Learn To Cheat On Its Sanctions (Just Like The U.S. Is Doing It)

Comment by the Author of The New Dark Age:

Has the EU really been ‘captured’by the US? I think not! The major European powers, Germany, France, Italy and Holland (along with the UK), are an integral part of the Imperialist Bloc. When you talk about their interests being harmed, you are conflating the interests of the capitalist classes (and their essential servants) with those of the working people of these countries. Since when have the ruling classes of the Imperialists given a flying fuck about their working classes! They have vast amounts of capital, they’re not touched by the any of it, anymore than by the fake Pandemic. As with ‘traditional’ wars fought by capitalism, this is just another kind of war and as with traditional wars, it’s not only about markets and competing capitalist classes, it’s about destroying capital! It’s just as much a World War as the previous ones, but fought in an entirely different way, using different weapons. It has consumed (or is on the process of consuming) even more surplus capital than WWI/II, you just don’t see it! When will the left wise up? They got conned by the Bug and they’re now being conned by the Sanctions War on the planet!

The New Dark Age