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Three Good Pieces On The War In Ukraine
I am busy with renovation work but here are three good pieces about the war in Ukraine:
> Plainly put, the Europeans have been nicely played by the Americans. India should take note of the US’ sense of entitlement. Basically, the Biden administration created a contrived energy crisis whose real aim is war profiteering.
…
India should expect the defeat of the US and NATO, which completes the transition to a multipolar world order. <
> Increasingly, European publics are likely to blame the United States for policies that fuel inflation and bring on economic recession, especially as their currencies weaken against the dollar. The U.S. sanctions on Russia will be seen by many as self-serving attempts to dominate Western Europe.
A new iron curtain is now being imposed on Russia — this time by Western policy — even as the United States announces more measures to confront and “contain” an assertive China. This will result, inevitably, in more cooperation between Russia and China. Also, the increasing use of economic sanctions to achieve political purposes will encounter push-back with a greater volume of international trade conducted in national currencies other than the U.S. dollar.
As Europe is weakened and more countries suffer from U.S. sanctions, coalitions to resist U.S. dominance will flourish. Geopolitical competition will take precedence over action to deal with common problems, even as international conflict intensifies them.
What all the parties to the conflict in Ukraine seem to have forgotten is that the future of mankind will not be determined by where international borders are drawn — these have never been static in history and doubtless will continue to change from time to time. The future of mankind will be determined by whether nations learn to settle their differences peacefully. <
> What makes the "I stand with Ukraine" version of the Twitter mob unique is that it brings together two forces that used to be sworn enemies of one another—the woke Left and the neoconservative Right. It turns out they share many of the same loathsome ideological and personality traits, and have a similar "slash and burn" approach to political engagement. It's a new political marriage.
…
This shift is disorienting, but on a purely tactical level, it makes a certain amount of sense. Neocons invented the cancellation game before there was even a Twitter board on which to play it. Neocons arrogantly dismiss the other side's point of view as argued in bad faith and not worth considering, and label anyone who dares question the cause as a heretic or traitor.
…
Warping the debate in this way allows delusional and contradictory thinking to go unchallenged. Thus, we get the argument that Putin is a madman who will kill indiscriminately to achieve his aims—but he is also somehow definitely bluffing about using nuclear weapons. And he's only using that bluff because he's losing the war—but if he's not stopped in Ukraine, he will go on to conquer the rest of Europe. Putin's regime must fall because he has killed or jailed all the liberal reformers and yoked himself to a hardline Far Right, but somehow he will be replaced by a liberal reformer when his regime collapses.
It's nonsensical, and a real debate would expose some of the delusions in this thinking. But we aren't allowed to have one.
As long as this woke-neocon alliance is allowed to set the terms of the debate, we will continue to see a one-way ratchet toward greater and more dangerous escalation of this conflict. <
Ok well I tried to point out earlier that to not see what is going with the Chinese Congress we are missing the main event of the year – it started with the meeting between Putin and Xi at the Olympics and finishes with this great Congress.
It looks as if Karloff has put in some heavy digging on it. I’ll wait for b’s take when he is ready.
In the meantime some highlights :
https://www.globaltimes.cn/page/202210/1277280.shtml
‘…the Chinese path of modernization is about common prosperity for all, and it will be realized by the peaceful development, and from this aspect, it is completely different from Western modernization, which resulted from the rise of hegemony and based on plundering and invading other nations, and domestically, was based on uneven development between different classes and racial groups
The fundamental reason why China needs to be prepared for the worst-case scenario and even “dangerous storms” is that Chinese modernization, which is very different from Western modernization, will bring challenges to the hegemony which is now dominating the current world order. This hegemony and its followers do not accept that China will succeed, because that could bring about the end of the system they built to unfairly serve their interests, experts noted.
…as long as China keeps developing itself, and keeps seeking improvement for the livelihood of the Chinese people and puts efforts into offering more public goods, like the Belt and Road Initiative, to other countries which also want win-win cooperation, modernization and peaceful development, the existing hegemony will impose pressures, suppressions and even attacks against it. This has already happened in the past decade, referring to the US-launched trade war and suppression against China’s sci-tech industries, as well as provocations and interference on the Taiwan question, said analysts.
Xi also stressed modernizing China’s national security system and capacity and safeguarding national security and social stability.
“National security is the bedrock of national rejuvenation, and social stability is a prerequisite for building a strong and prosperous China,” Xi said. “The Party will take coordinated steps to ensure external and internal security, homeland and public security, traditional and non-traditional security, as well as its own security and common security.
https://www.globaltimes.cn/page/202210/1277276.shtml?id=11
Among the five major characteristics of Chinese modernization summed up by General Secretary Xi, there is one that China has repeatedly stated, and has been proven time and time again, that is, Chinese modernization is the modernization of peaceful development. The bloody and criminal history of some Western countries’ modernization through war, colonization, plunder and other means has brought huge suffering to the world, especially the people of developing countries. The CPC leads the Chinese people to firmly explore a new path to achieve national development and national rejuvenation in a peaceful way, and at the same time better maintain world peace and development through its own development. This is one of the important connotations of the “new model for human civilization.”
Currently, the changes of the world, of the times and of history are unfolding in an unprecedented way. The report delivered by General Secretary Xi has linked the historic mission of the CPC, the great rejuvenation of the Chinese nation with peace and development of the world, which is a vivid manifestation of a community with a shared future for mankind. The report stressed that China adheres to the Five Principles of Peaceful Coexistence in pursuing friendship and cooperation with other countries. It is committed to promoting a new type of international relations, deepening and expanding global partnerships based on equality, openness, and cooperation, and broadening the convergence of interests with other countries. The CPC always honors its promises. Standing on the right side of history, on the side of the progress of humanity’s civilization, the new path of Chinese modernization will become wider and wider.
The important message released by this congress is firm and clear, positive and well-intentioned. Anyone who hold pragmatic and rational attitude toward China and the world’s development will gain a sense of direction and positive energy from the report. With the irreversible process of the great rejuvenation of the Chinese nation, Chinese modernization will increasingly demonstrate its civilizational significance. When we reach the goal of building China into a great modern socialist country in all respects, it is a success worthy to be celebrated by the Chinese people and the people of the world.
https://www.globaltimes.cn/page/202210/1277293.shtml
The first factory line of the country’s first 10,000-ton large-tow fiber carbon project has rolled out qualified products in the carbon fiber industrial base of Sinopec Shanghai Petrochemical Co (SPC).
The products are on par with similar overseas items in functionality, signaling that the country has succeeded in mass producing large-tow carbon fibers after achieving breakthroughs in key technologies, according to the report.
A bundle of more than 48,000 carbon fibers would fall under the large-tow category. Referred to as the “king of new materials” and “black gold,” large-tow carbon fibers are widely used in wind power, solar power, high-speed rail systems, aircraft components and other sectors.
The carbon fibers that rolled off the SPC assembly line consist of a new type of high-strength carbon materials with a carbon content of more than 95 percent.
In a sign of extraordinary mechanical functionality, the carbon fibers sport a specific gravity short of one-fourth of that of steel while featuring strength seven to nine times that of steel. The new products are also corrosion resistant.
There are strict technological barriers to carbon fiber manufacturing. As a consequence, the country’s carbon fiber development has long focused on breakthroughs on small-tow carbon fibers, which nonetheless involve high costs and put a damper on the application of carbon fibers among downstream firms, the report said.
Joining hands with 10-plus universities, scientific and research institutions and businesses, SPC has pushed for more than a decade to make major headway toward producing the 48,000 carbon fiber bundles from the previous 12,000. With that achievement, SPC became the first domestic firm and the fourth globally to have realized large-tow carbon fiber technology.
https://www.globaltimes.cn/page/202210/1277065.shtml
No amount of deck chair rearranging in the Collective Waste of the 5+1 Eyes Gollum Tired Old Empire of Slavery of non-whites and rape and destruction of their resources and environment is going to make a blind bit of difference.
The great gamble to financially ruin both Russia and China has failed spectacularly.
The European peoples have been foisted on the LNG shipped petard at quadruple the cost of it in the US! There are dozens of full Tankers parked in the waters of Europe because it is not a quick and easy task to safely unload the floating atomic scale bombs at the few deep water facilities. God forbid what happens if there is an accident by trying to rush the loading and unloading of these hideous ships! Not just a explosion of an atomic scale that would cease the port and all its surroundings but the greater ecological disaster.
So the rats will be fleeing now to the East and EurAsia especially the wormtongues who wished its demise , the lines of the global oligarchy , the ancient Arab slavers, the hedge funders- but the SCO is waiting for them with open but firm arms …
The only thing left to do is for the pathetic UN general assembly to vote to disband itself and move to a less toxic place. It lets itself be bullied into voting the way of the 5+1 eyes against the whole of the rest of human and geographic majority .
The only thing the Collective Waste seems to be able to do is to order the band to play on!
A quick and dirty invasion of the ever punished Haitians !!
I wonder if some of these weapons sold by the Ukrops might make it into the hands of these oppressed? Or maybe some slow but sure drones… Freedom will finally arrive for these long forsaken freedom seekers.
Long live the multipolar new world order , huzzah!
Posted by: DunGroanin | Oct 18 2022 11:58 utc | 223
Posted by: Zanon | Oct 18 2022 15:17 utc | 278
Ok, let me give you a lesson in reading comprehension. You can thank me later:
Large Indian banks are avoiding direct transactions …
(Note the stuff in bold)
So they use indirect transactions.
… in rupees with Russia due to fear of being targeted by Western sanctions, Reuters reported on Monday, citing sources familiar with the matter.
But not in Yuan or Roubles.
This comes less than a month after the State Bank of India had agreed to put in place a simplified rupee settlement mechanism aimed at boosting mutual trade.
So, like I said earlier, but which your dry-drunk addled brain missed, State banks are transacting with Russia and have put in place mechanisms for long term trade.
An Indian diplomat told the outlet that Russian banks had requested that India’s eight largest lenders organize settlement in the local currency, but had not received any response.
So there was no denial or rejection, which means response is still forthcoming. Stay posted. Indian banks are known for slow bureaucracy.
Sources at lending institutions told the news agency that their management was not considering using this mechanism, at least not yet.
So they’ll get around to it eventually.
Currently, only two small lenders, Yes Bank and UCO Bank, which have agreements with Russia’s PSCB and Gazprombank, are using the rupee payment mechanism.
In sum,the article says the opposite of what you claim.
The article states very clearly that mechanisms are being put in place to allow rupee trade. Your claim is essentially that all trade is being terminated.
Then there’s the raft of evidence that India is bypassing the sanctions in a dozen or more ways:
From your favourite news agency:
1. https://www.reuters.com/world/india/exclusive-indian-companies-swapping-dollar-asian-currencies-buy-russian-coal-2022-08-10/
“NEW DELHI, Aug 10 (Reuters) – Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the U.S. dollar and cutting the risk of breaching Western sanctions against Moscow.”
2. https://markets.businessinsider.com/news/commodities/dollar-yuan-india-buys-russia-coal-asian-currencies-hkd-dirham-2022-8
“In July, Russia exported 2.06 million metric tons of coal to India — over 20% more on-month — making it the South Asian nation’s third-largest supplier of the fossil fuel, per Reuters. Indian coal buyers have used the Chinese yuan, the Hong Kong dollar, the euro, and the United Arab Emirates dirham for such purchases in recent weeks, according to the news agency.”
3. https://asia.nikkei.com/Business/Markets/Currencies/Russian-companies-shift-to-yuan-as-flight-from-dollar-accelerates
“According to Russian media, more than 20 Russian financial institutions were connected to the Cross-Border Interbank Payment System (CIPS) as of mid-July. CIPS was introduced by the People’s Bank of China, the country’s central bank, in 2015 with the aim of internationalizing the yuan. It can be used for cross-border yuan-denominated payments.”
4. https://www.asiafinancial.com/indias-hdfc-bank-aided-yuan-trade-in-russian-coal
“According to an invoice dated June 5, HDFC Bank backed cement maker UltraTech‘s purchase of Russian coal from producer and trader SUEK for 172.7 million yuan ($25.74 million).
The letter of credit for the deal was issued by HDFC Bank’s Andheri East branch in suburban Mumbai, according to the invoice. The dollar is the currency of choice for global trade in raw materials, but some traders say the yuan trade could be increasingly used to settle payments for supplies from Russia.”
5. https://qz.com/indian-corporates-are-paying-in-yuan-and-dirham-for-rus-1849399188
“Indian companies are tiptoeing around Western sanctions against Russia by buying its coal using currencies other than the US dollar.
In June, some 30% of the payments by Indian entities for the commodity were in the Chinese yuan and 28% in Hong Kong dollar, Reuters reported.
The euro accounted for under a quarter and the UAE dirham around a sixth.”
You’re pretty dimwitted. Not sure why anybody on this forum wastes their time with you.
Posted by: Arch Bungle | Oct 18 2022 15:36 utc | 285
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