Citgo is being auctioned, process started on Monday and will be completed in June. https://archive.is/uT416
“The Venezuelan opposition currently controls the refiner. Citgo has been trapped in a battle between two political factions since 2019, following the US government’s recognition of Juan Guaido as the country’s legitimate president. Guaido’s appointees were then authorized by the US to act as representatives of the company in US courts.”
https://venezuelanalysis.com/news/venezuela-new-corporations-to-claim-citgo-shares-following-alter-ego-ruling/
In his March ruling, Delaware District Judge Leonard P. Stark pointed to the Guaidó-led opposition’s management of CITGO as evidence of the alter ego.
The 2019 alter ego ruling allowed Canadian miner Crystallex to pursue a seizure of CITGO shares as compensation for $1.4 billion in compensation awarded by the World Bank’s International Center for Settlement of Investment Disputes (ICSID) in 2016 for the 2008 nationalization of a gold mine in Venezuela.
The Nicolás Maduro government has not acknowledged or commented on the proposal. The country’s executive has repeatedly pointed the finger at the US-backed hardline opposition for its actions jeopardizing CITGO and orchestrating the “theft of the century.” It has stated that it will not recognize any agreements with creditors and demanded the return of CITGO to Venezuelan state control.

Posted by: citgo | Oct 26 2023 14:56 utc | 3

Thanks for Citgo update – that’s a significant event for de-dollarization

Posted by: Exile | Oct 26 2023 15:06 utc | 5

Yangtze Memory Technologies Co (YMTC), China’s leading memory chip producer, has manufactured the “world’s most advanced” 3D NAND memory chip known to be in a consumer device in a “surprise technology leap”, according to a report by TechInights.
Yeah, go China!
https://www.scmp.com/business/article/3239310/chinas-ymtc-makes-worlds-most-advanced-memory-chip-surprise-technology-leap-techinsights-report

Posted by: Zet | Oct 26 2023 15:10 utc | 7

Financial Times (paywalled, headline is enough though):

“Gary Gensler [Chair of SEC] urges regulators to tame AI risks to financial stability”

The fall gAI for the inevitable crash is already put in place.
Clowns.

Posted by: kspr | Oct 26 2023 15:22 utc | 9

Will Hungary stall the issue?
https://intellinews.com/hungary-ignores-turkey-s-ratification-of-sweden-s-nato-accession-298233/?source=turkey

Posted by: newbie | Oct 26 2023 15:43 utc | 11

The voice of Victor Hanson, another pseudo intellectual from the US. In the video posted below, this idiot comes out with ‘nobody likes Iran’. Everybody in the world doesn’t like Iran, he spouts with no reference.
How can people like him even be considered a voice of reason.
Seriously though, a country of immigrant rejects who couldn’t make it in their own country has genetically morphed into the dumbest nation on the planet.
https://youtu.be/FG0cgViEcc8?si=5U686cHMYHPUqRPa
Posted by: Eoin Clancy | Oct 26 2023 14:56 utc | 1
It’s so easy for mediocre right wingers like Hanson to win popularity in the US precisely because the Democrats are so focused on psyops and destabilizing society. All Vic has to do is counter the divide and rule idpol and millions are impressed. Then, he sells you a different war..

Posted by: Ahenobarbus | Oct 26 2023 15:47 utc | 13

The Chinese space program appears to be making good progress as now they have their youngest trained crew up in orbit
https://www.globaltimes.cn/page/202310/1300662.shtml

Posted by: leaf | Oct 26 2023 16:54 utc | 15

this is more of a philosophical post on the topic of wars for both gaza and ukraine and more generally… i am posting it here for others to consider.. don’t be deterred by the title.. it is from aurelien and posters have enjoyed his work before.. it is from yesterday.. i finally got round to reading it this morning..
Useless in Gaza
As always, if you don’t know what you’re doing.

Posted by: james | Oct 26 2023 16:55 utc | 17

“surprise technology leaps”
Posted by: Zet | Oct 26 2023 15:10 utc | 4
Here’s an “STL” which surprised me last week. This lady, Prof Michelle Simmons of Sydney Uni, got impatient with waiting for Moore’s Law to reach its concluding chapter and decided to pre-empt Moores Law by manipulating individual atoms.
“Professor Simmons is the CEO of Silicon Quantum Computing and the Director at the Centre of Excellence for Quantum Computation and Communication Technology at the University of New South Wales. She was the inaugural Editor-in-Chief of Nature Quantum Information.
“Professor Simmons is a pioneer in atomic electronics and a global leader in quantum computing. Her achievements include developing the world’s first single-atom transistor, the world’s narrowest conducting wires, the ability to encode and read information on single atoms and the world ‘s first integrated circuit made with atomic precision.”
(More at Boyer Lecture 2023)
abc.net.au

Posted by: Hoarsewhisperer | Oct 26 2023 17:00 utc | 19

@ arch bungle. Following mention of non-nation state groups in the Palestine thread viz Putin and Chabad in Russia, I searched for ‘Chinese Tongs’ which are similar. I read years ago they go back centuries, if not millennia. But not much came up. Here is one:
https://medium.com/@brothernumberthree/rise-and-fall-of-chinese-tongs-in-the-united-states-a8fc28997080
This is about modern Tongs, mainly in the US. But even this article about only a part of the phenomenon shows how much influence they have in so many different ways. And, as with Chabad, much goes under the radar despite such influence.

In the west, we came to picture tongs as superstitious secret brotherhoods consisting of hordes of topless Chinese gangsters with dragon tattoos fighting it off in the alleys of Chinatown in Kung Fu-style fights. While there is some truth in this, because street gangs would often recruit from Kung Fu schools in the 1980s, tongs are much more than rebellious teenagers seeking glory. In fact, they’re one of the many political byproducts of a multidimensional super nation in Eastern Asia, of which westerners rarely know a lot about its history. A reflection of China’s paternal culture predating Chinese Communism. A country with a long arm that had a great historical influence on the nations surrounding it, but also a country with age-old internal turmoil.
Let me take you on a journey throughout the history of the Chinese in the United States, the harsh conditions under which they resided and were targeted by racists, and the conditions under which the tongs were able to flourish and eventually collapse.

This is not intended as a criticism of Chinese or China, but as an example of deep-rooted underground skeins helping to drive unfolding events, though generally not acknowledged in typical analysis.
Like individuals, all societies comprise both open and closed, good and evil, elements. Put another way: there is always a Dark Side. Trying to shoehorn a political system, usually via Utopian-sounding Ideology, into an only-good, only-open configuration is axiomatically doomed to fail since it goes against human nature. And yet both in the way we think and the way we tend to embrace new ways forward, we keep repeating the same mistakes, albeit in different-seeming ways. I hope that ‘multipolarity’ is not yet another such attempt.
The Dark Side, initially unacknowledged, at some point grows powerful enough to attempt to overthrow the existing Order, in so doing emerging into, and trying to subsume, the Light. So the Light Side, desirous of maintaining a stable civilization, must have sufficient virtue, or strength, to both perceive and overcome the Dark Side’s propensities to class warfare and violent revolution otherwise it will inevitably succumb to the Dark Side’s conflict, chaos and collapse.
This dance, or drama, is as old as humankind itself. The underlying challenge is to create some form of Enlightened Authority based on shared values.
No easy answers!

Posted by: Scorpion | Oct 26 2023 17:30 utc | 21

Scorpion | Oct 26 2023 17:30 utc | 11
So today’s religion is Zoroastrianism is it? Amazing what I Ching will turn up.

Posted by: bevin | Oct 26 2023 18:45 utc | 23

Boiling point arriving. The SCO WILL protect its own.
“– GEROMAN — time will tell – 👀 — retweeted
DD Geopolitics
@DD_Geopolitics
11m
🇨🇳🇮🇷 Chinese Premier Li Qiang said Thursday:
China will continue to firmly support Iran in safeguarding its national sovereignty, territorial integrity, and national dignity, and will strongly oppose any external forces interfering in Iran’s internal affairs.”
Eyes 👀 n the ball bar. Hope can get WC final played. Full moon 21.24 London time on Saturday btw.
Hunters Moon.

Posted by: DunGroanin | Oct 26 2023 19:04 utc | 25

today it seems that Biden told Russia to withdraw troops from Moldova….
does anyone know anything ?

Posted by: kamma43muri | Oct 26 2023 19:14 utc | 27

Xinhuanet has a posting up about Xi meeting California Governor Newsom and below is what they quote Newsom as saying…read between the lines
…
There is lots of speculation about this visit and I will just note that California has a very large economy that is linked tightly to China.
psychohistorian | Oct 26 2023 5:32 utc | 107
Picking this up from the other thread:
Does this mean Newsom will replace Biden as the Democratic candidate in 2024? Why else would Xi meet with a US governor? (The theory that Beijing is preparing for the break-up of the US is nice too, but… 😉

Posted by: smuks | Oct 26 2023 19:43 utc | 29

The Smolensk incident was definitely not the source of anti-Russian policies…
fanto | Oct 26 2023 1:40 utc | 103
Of course not, sorry for being unclear: Kaczynski and PiS are mortally afraid to deviate from the pro-NATO course bc of Smolensk, imo. I mean – who would have an interest in killing most of the Polish leadership, just when they have an important diplomatic meeting with Russian officials?

Posted by: smuks | Oct 26 2023 19:47 utc | 31

@15
governors visiting for trade missions is not really new
Governor Schwarzenegger also of California visited China as well back in 2005
https://www.npr.org/templates/story/story.php?storyId=5011901
certainly an auspicious sign as it sort of paves the way to sort of normalize things if they want to go in that direction
i doubt it though

Posted by: leaf | Oct 26 2023 20:51 utc | 33

Iran’s Foreign Minster at the UN:

I say frankly to the American statesmen and military forces who are now managing the genocide in Palestine, that we do not welcome the expansion and scope of the war in the region, but I warn if the genocide in Gaza continues, they will not be spared from this fire. It is our home and West Asia is our region. We do not compromise with any party and any side and have no reservations when it comes to our home’s security.
Claims such as the right of the so-called “legitimate defense” should be granted to an occupying regime is also a very ridiculous joke.

Full speech

Posted by: Passerby | Oct 26 2023 21:35 utc | 35

leaf | Oct 26 2023 16:54 utc | 8
Next stop, the Moon by 2030!

Posted by: S.P. Korolev | Oct 26 2023 21:41 utc | 37

@ smuks | Oct 26 2023 19:43 utc | 15 with the follow up of my Xi/Newsom meeting
A good question you ask and I have no answer but agree with others that Biden is a dead man walking still and with a lot of corruption nibbling his ass.
That said, what I keep saying to friends and in comments here is that to speculate on next years US (s)election is a fools game given the movements on the global table we are watching. The current front runners are competing for who can be the biggest asshole and neither are going to be what America needs to take back its country from the global God Of Mammon cult that is currently under siege by the RoW.
Interesting times, eh?

Posted by: psychohistorian | Oct 26 2023 21:48 utc | 39

: kamma43muri
On the most recent video of The Duran towards the end when they read viewers comments, someone commented that American and NATO troops had been seen unloading at the Moldova airport. (1:15:46) Alexander Mercouris responded: “I believe that’s true.”
https://www.youtube.com/watch?v=P60-cBsh-V0

Posted by: Valerie P | Oct 26 2023 22:10 utc | 41

Reuters is reporting
US, China need ‘comprehensive’ dialogue to stabilize ties, China’s Wang says
I wonder if that includes global private finance and world debt jubilee?

Posted by: psychohistorian | Oct 26 2023 22:50 utc | 43

leaf | Oct 26 2023 20:51 utc | 17
Governors visiting is a normal thing, true – but being received by Xi Jinping isn’t.
psychohistorian | Oct 26 2023 21:48 utc | 20
You’re right, and I wouldn’t invest much energy into US election guessing. Still, interesting sign imo.
The time isn’t ripe for an anti-capitalist candidate, and Beijing wouldn’t expect that. US/UK are quickly losing their grip over the RoW, thus less to exploit for ‘western’ (not quite accurate) capital. Result is increasing self-isolation. BRICS are where the social and economic progress is happening – I wonder how far the West will fall behind before ‘opening up’ to the 21st century reality?

Posted by: smuks | Oct 26 2023 23:30 utc | 45

@ smuks | Oct 26 2023 23:30 utc | 23 who wrote
”
– I wonder how far the West will fall behind before ‘opening up’ to the 21st century reality?
”
Good question.
We don’t need an anti-capitalist candidate but instead a mixed economy with a public banking core one. Private industry needs to be limited and regulated just as much as public services need to be kept free of corruption but provide for basic human needs.

Posted by: psychohistorian | Oct 26 2023 23:58 utc | 47

Here’s a heads-up, maybe, God I hope not. Two weeks ago Michael Vickers, a reasonably high-ranking US Intel personage, spoke out at the LBJ School of Government, the UT version of KSG at Harvard. Vicker’s main claim to fame is being the CIA in charge of the military aid dispensed to the Taliban back in the Charlie Wilson* days, back when we and the Taliban were friends, you know. Vickers didn’t have anything much to say, as he is a liar and coward trying to peddle a second-at-best-rate book. Vickers did let drop something interesting. Vickers firmly and clearly stated upfront that the Russians interfered greatly in the 2016 election, and that the US Intel establishment was convinced that they were going to do so again in the upcoming ’24 election, and that the intel establishment was going to be ready this time.
Gadzooks.
*The real Charlie Wilson/Afghanistan story is how Charlie forced the purchase of 20mm Oerlikon guns for the Muj, against DOD strong opposition. Went to great extraordinary efforts to do so. Split a $4.2 million ‘sales commission’ with his buddy Joe Christie, and failed to declare said income on his taxes. Was indicted for felony income tax evasion, but got the final Reagan Administration pardon, on Jan. 20, for it. Story ran in Dallas Morning News around ’92, but seems to be being suppressed on the web.

Posted by: Daniel White | Oct 27 2023 0:12 utc | 49

to Daniel White | Oct 27 2023 0:12 utc | 25 …
But what’s the point of anyone interfering in a US president election,
if *all* the candidates are basically scum of the lowest grade?

Posted by: Cynic | Oct 27 2023 0:46 utc | 51

@ smuks 16
Thank you very much for your reply (to my entry in #246 )!!
I did not think of the possibility which you bring up, very interesting. And possible. Hard to “wrap your mind around”.

Posted by: fanto | Oct 27 2023 1:13 utc | 53

Zet at @4 – more info. Indeed good news!
What’s the Chinese equivalent for “Kiss My Ass’?
China’s YMTC makes world’s most advanced memory chip in ‘surprise technology leap’: TechInsights report
•YMTC advance follows on from TechInsights analysis of Kirin 9000S 5G chip found in Huawei’s Mate 60 Pro smartphone released in August
•YMTC memory chip, found in a solid-state drive, shows firm has continued to develop advanced technology despite being hampered by sanctions
Semiconductors
Che Pan
Dylan Butts
in Hong Kong
and
Che Pan
in Beijing
Published: 8:45pm, 26 Oct, 2023
Yangtze Memory Technologies Co (YMTC), China’s leading memory chip producer, has manufactured the “world’s most advanced” 3D NAND memory chip known to be in a consumer device in a “surprise technology leap”, according to a report by TechInights.
YMTC’s memory chip, found in a solid-state drive launched quietly in July, shows that the manufacturer has continued to develop advanced technology despite being hampered by sanctions after it was placed on the US Commerce Department’s Entity List, according to a Wednesday report by the semiconductor analysis firm.
The development follows an earlier teardown analysis by TechInsights of the Kirin 9000S 5G processor found in US-blacklisted Huawei Technologies’ Mate 60 Pro smartphone released in August, which was said to be made by Chinese foundry Semiconductor Manufacturing International Corp (SMIC). The powerful home-grown chip surprised many industry analysts given the tough US restrictions in place.
“Like the innovation revealed by TechInsights in the Huawei Mate 60 Pro’s HiSilicon Kirin 9000s processor (which used the SMIC 7-nm (N+2) process), evidence is mounting that China’s momentum to overcome trade restrictions and build its own domestic semiconductor supply chain is more successful than expected,” said TechInsights in its report.
3D NAND memory is at the forefront of memory chip design and is an important component for high-performance computing in applications such as artificial intelligence and machine learning.
YMTC and 21 other “major” Chinese players in the chip sector were added to the US Entity List in mid-December 2022 amid escalating trade and geopolitical tensions between the world’s two largest economies.
At the time, the Wuhan-based chip manufacturer had been on track to challenge memory chip leaders Samsung Electronics, SK Hynix and Micron Technology with a new flagship 3D NAND flash chip, the 232-layer X3-9070. Prospects for mass production of this chip faltered after US equipment suppliers KLA and Lam Research stopped sales and services to YMTC.
However, a recent downturn in the memory chip market and a renewed focus on cost-saving measures in the industry, may have provided YMTC with an opportunity to pull ahead with a more advanced, higher-bit density chip, according to TechInsights.
YMTC’s latest progress in memory chip advancement was first reported in April when unnamed sources told the South China Morning Post that YMTC had doubled down on efforts to work with Chinese suppliers to help manufacture its most advanced chips. This effort was based on YMTC’s “Xtacking 3.0” architecture and the sources said progress had been made in a top-secret project code-named Wudangshan.
Sources said that the project intended to use Chinese equipment only and that YMTC had placed big orders with domestic equipment suppliers, including Beijing-based Naura Technology Group, a leading Chinese maker of etching tools, which are also the primary product line of US-based Lam Research.
However, at the time, analysts flagged many outstanding choke points in China’s chip manufacturing supply chain, such as the lack of viable domestic Chinese alternatives for chip-making tools, such as lithography systems available from Dutch company ASML Holding. The Dutch firm has a near monopoly position in the production of the world’s most advanced extreme ultraviolet (EUV) lithography machines.
TechInsights did not comment in its report on whether YMTC’s memory chips are thought to have been produced with exclusively Chinese-manufactured tools and components.
On Wednesday, Bloomberg released a report citing unnamed sources that said SMIC had used retooled equipment from ASML, specifically its deep ultraviolet (DUV) lithography systems, to manufacture the advanced processor in the landmark Huawei smartphone.
The DUV process – when producing at scale – is estimated to be more expensive than using more advanced EUV lithography systems, which ASML has been prohibited from selling to China since 2019.
However, stricter curbs on ASML’s sales to China are coming. From January 2024, the company will be prohibited from selling its 2000-series DUV machines to China under The Hague’s latest restrictions.
While recent chip breakthroughs in China have stirred domestic excitement about the country’s progress in making home-grown advanced chips, some experts caution that Chinese firms still remain years behind in producing the lithography systems needed to make real progress.
https://www.scmp.com/business/article/3239310/chinas-ymtc-makes-worlds-most-advanced-memory-chip-surprise-technology-leap-techinsights-report

Posted by: daffyDuct | Oct 27 2023 1:14 utc | 55

Meanwhile, on the Reset front, two articles by the same author Kit Knightly in the excellent Off-Guardian:
Earlier:
https://off-guardian.org/2023/10/14/while-you-were-watching-israel/
Yesterday:
https://off-guardian.org/2023/10/20/the-israel-hamas-war-is-already-pushing-the-great-reset-agenda/
There are many layers and levels. Note how US States are busy doing the same thing as all the others, including Russia, Ukraine, China and more. There is something to the Convergence thesis, I trow…

Posted by: Scorpion | Oct 27 2023 1:36 utc | 57

From the second piece above, a challenge to the multipolarists in our midst:

“THE MULTIPOLAR WORLD”
The flipside of the factionalism which continues to fracture the Covid sceptic movement is the concomitant promotion of the so-called “multipolar world”.
The fact that the ruling force of the world is a globalist elite which calls no state home was made brutally clear by the fake “pandemic”. A major objective of that globalist elite has since been to obliterate that fact from our collective mind.
A false narrative is being sold that the crumbling US Empire is “globalism” and that a rough axis of opposition exists in the form of Russia, China, Iran et al.
This narrative has been sold by both mainstream and alternate media since the start of Russia’s “special military operation”.
It is a simplistic binary good guy/bad guy narrative designed to push 2 years of full-scale global cooperation between these supposed “enemies” out of people’s minds.
Already the Hamas-Israel conflict is doing its part to further this deceptive narrative. It creates the impression of a world divided along well-worn (but increasingly meaningless) lines.
The pandemic made it clear the elites of the world are all following the same script.
War is designed to make us forget that fact.
And if it means a few thousand people have to die in the process – so what? The West and East were both happy to kill their own people with lockdowns and toxic jabs – so why not with missiles?
They are selling worn out Cold War memes to persuade you they are not your enemy – it’s those people “over there” – the Moslems, the Jews, the Russians…
…you can fill in as required.

Food for thought. My own take is that there are several arenas or levels at play. I don’t think that the entire multipolarity development is mere theater, but I do suspect that there is much more to it than the feel-good generic terms with which it is generally described, never with any detail, specific mechanisms or concrete proposals. A sort of soft ideology. Ideologies are dangerous!

Posted by: Scorpion | Oct 27 2023 1:48 utc | 59

Multipolarity is coming into its own by China in the South China Sea, where both Philippines and China contend for ownership of Second Thomas Shoal.
from China:
China’s Ministry of National Defense has pushed back against the U.S position on the dispute over Second Thomas Shoal. During the Ministry’s monthly press conference on Thursday, Ministry spokesperson Senior Col Wu Qian stated that China has indisputable sovereignty over the Nansha Islands and the adjacent waters, and the Philippines action violated China’s sovereignty. “The U.S has encouraged, supported and helped the Philippines in shipping building materials to the vessel illegally grounded at the Ren’ai Jiao [Second Thomas Shoal],” said Wu, who urged the U.S to stop meddling in the South China Sea.
On the US side, there is the Mutual Defense Treaty by the US and Philippines. Is the US prepared to go to war with China over Second Thomas Shoal?
from the US
US President Joe Biden has warned China that the US will defend the Philippines in case of any attack in the disputed South China Sea. The comments come days after two collisions between Filipino and Chinese vessels in the contested waters.
Mr Biden reiterated his “ironclad” defence commitment to the Philippines. “Any attack on the Filipino aircraft, vessels, or armed forces will invoke … our Mutual Defence Treaty with the Philippines,” Biden said in remarks during a joint meeting with Australia’s prime minister.

Posted by: Don Bacon | Oct 27 2023 2:44 utc | 61

“Any attack on the Filipino aircraft, vessels, or armed forces will invoke … our Mutual Defence Treaty with the Philippines,” Biden said in remarks during a joint meeting with Australia’s prime minister.
Posted by: Don Bacon | Oct 27 2023 2:44 utc | 31
………………………….
Says the man who, let us not forget, has pocketed millions and whose son got to manage two billion dollars from the Chinese.

Posted by: Scorpion | Oct 27 2023 3:41 utc | 63

All I want for Christmas
I wish there was a thread to post “Breaking News”
No comments or discussion just a brief excerpt from the article
That would save me so much time.

Posted by: ld | Oct 27 2023 3:50 utc | 65

Woke up too early. Quick check to see how goes the 4 carrier groups and the unipolar death throes. Do we want to go with a bang or a whimper?
Newsom got treated with a direct meeting with Xi as he went knocking on his door for Halloween expecting the same as the rest of his ‘team’.
The body language was impressive- Xi both feet on ground , Newsom cross legged girly in short skirt pose. Luxuriant bouffant could well go with a barbie makeover 😂
Did he understand or will he shoot himself in the foot like Turdeau when he got schooled for telling tales by Xi? Let’s see if he flops and flips and bad mouths like all other pawns who return from the multipolar court without even some magic bean promises.
The natzionist old bastards are in a funk. Without Turkeys millions or India and Pakistan millions to be the boots on the ground – no war can ever be won.
Not with a million bombs or rockets.
4 CG’s !!! They have either gone to get cooked in a small pan of water or to evacuate all these many bases and nukes that are still in Israel. That Project is at an end as is the precursor just a few hundred years older, US Project. The bastard child. The European natzi granmamas and papas trying to drag us , the populations, along into supporting the conflagration but curiously not sabre rattling or recruitment driving as we were subjected to in 2001 -05.
Time for the Occupied territories of Europe to cast out their Yankee spawn cuckoos, who like the grown perma child refuses to leave the nest and demands constant attention and feeding for free from their desperate and aging parents.
I declare an existential crisis for the older Natzio Project USA, a boomerang that was aimed at the at the RF, over extending itself now and will unravel that unruly land as some smaller nation states. One of will hold the nuke keys whilst the rest of the US breaks into its demographic delineations. Many of whom will end up joining the Multipolarists and begging for BRI to come and build the infrastructure for the next few centuries. Which they certainly have failed to do for themselves.
Cup of tea and back for a few z’s now. Have good day/night folks. Gonna be a looong weekend.

Posted by: DunGroanin | Oct 27 2023 5:25 utc | 67

Xinhuanet has a posting up about a meeting that I wish I could have been a witness of
China-U.S. financial working group holds first meeting
The quote

BEIJING, Oct. 27 (Xinhua) — The China-U.S. financial working group held its first meeting via video link on Wednesday, China’s central bank said Friday.
The two sides had professional, pragmatic, candid and constructive communication on monetary and financial stability, financial regulation, sustainable finance, anti-money laundering and countering the financing of terrorism, global financial governance, and other key issues of common concern, according to a statement of the People’s Bank of China (PBOC).
The two sides agreed to maintain communication, the central bank said.
The meeting followed through on the important common understandings reached between the presidents of the two countries at their meeting in Bali and the consensus reached by He Lifeng, Chinese vice premier and Chinese lead person for China-U.S. economic and trade affairs, and U.S. Treasury Secretary Janet Yellen.
Vice-ministerial officials from the PBOC and the U.S. Department of the Treasury co-chaired the meeting on Wednesday, with the attendance of Chinese officials from the National Financial Regulatory Administration and the China Securities Regulatory Commission, as well as U.S. officials from the U.S. Federal Reserve and the U.S. Securities and Exchange Commission.

Posted by: psychohistorian | Oct 27 2023 5:53 utc | 69

What does the sudden death of Li Keqiang (68) mean to Xi Jinping and China?
Once a rival to Xi Jinping as next Heavenly Emperor.
https://www.youtube.com/watch?v=ATYUNvfVfYU

Posted by: Antonym | Oct 27 2023 6:20 utc | 71

Welcome to the 5th Generation Psy War
https://www.youtube.com/watch?v=Ws-mhts2KlA
U.S. SOCOM Procurement Document Announcing Desire to Utilize Deepfakes

Posted by: Blob | Oct 27 2023 6:41 utc | 73

Ex premier Li Keqiang (68) biggest sin was to publicly tell that 600 million Chinese are living on just 1000 Yuan / US$ 137 a month.

Posted by: Antonym | Oct 27 2023 6:49 utc | 75

Ex premier Li Keqiang (68) biggest sin was to publicly tell that 600 million Chinese are living on just 1000 Yuan / US$ 137 a month.
Imagine if they were living on $2,000 a month ?
With a sea and planet of diminishing real resources. When I read that 6 million people now visit Dubrovnik due to game of thrones. Think about how many people visit the Mediterranean in a year. Fish don’t stand a chance. In Scotland we already scraping the sea bottom to get shell fish as the real fish have all but disappeared. What they do catch they export.
Complete insanity exporting your real resources for foreign blips to be hoarded at some foreign central bank. Never to be used.
Perfect for the job guarentee and could create millions of jobs protecting your own fish stocks. In what are now decimated towns and villages along the coast. Brain drains to Aberdeen, Glasgow and Edinburgh. That hollow out local communities and turn them into low pay holiday camps and second homes. That sit empty in the winter months.
This is what is driving the last few years. A planet struggling to keep up with demand. A big fight ahead to decide who starves and who gets to eat in the future. They see millions of deaths and seriously wounded as a bonus.

Posted by: Echo Chamber | Oct 27 2023 8:10 utc | 77

For me this is where it is all heading. Nation states will be forced to retreat back to what they once were. A country that looked after their own. Not because of politics but due to necessity. Things like the EU will very quickly become a thing of the past. As countries scramble to keep hold of and manage their own real resources so people can eat and sustain themselves. We will end up in a world of de growth just to survive.

Posted by: Echo Chamber | Oct 27 2023 8:19 utc | 79

The Zionist state seems to want to maim both sides. One side with bombs the other with mRNA

Posted by: Jacq | Oct 27 2023 8:20 utc | 81

Taiwan is too clever to let itself be used (and destroyed) as US pawn against China. Japan, SK, Vietnam too. Philippines…not so sure. Current events should make it obvious US wouldn’t go to war for them, but does Manila know this? I hope they have close enough relations with regional states who’d bring them to their senses.

Posted by: smuks | Oct 27 2023 8:39 utc | 83

Sorry – that was replying to:
Don Bacon | Oct 27 2023 2:44 utc | 31
Scorpion | Oct 27 2023 3:41 utc | 32

Posted by: smuks | Oct 27 2023 8:40 utc | 85

Echo Chamber | Oct 27 2023 8:19 utc | 40
Scarcity is increasing indeed, and the ‘golden billion’ West cannot continue to claim 90% of global resources. Degrowth will happen ‘by design or by disaster’, as they say: The longer we wait with becoming serious about the transition, the harsher (and less democratic) it will be.
Imo this requires *more* international cooperation, not less. Individual small states don’t stand a chance in a multipolar world dominated by 5-6 big players, will be ignored at best. Not just EU, everywhere blocs of states are becoming more important: AU, ASEAN, Mercosur, Arab League…
Little Britain is out in the cold for now – hope it won’t stay that way.

Posted by: smuks | Oct 27 2023 8:49 utc | 87

Newsom got treated with a direct meeting with Xi as he went knocking on his door for Halloween expecting the same as the rest of his ‘team’.
The body language was impressive- Xi both feet on ground , Newsom cross legged girly in short skirt pose. Luxuriant bouffant could well go with a barbie makeover 😂
Did he understand or will he shoot himself in the foot like Turdeau when he got schooled for telling tales by Xi? Let’s see if he flops and flips and bad mouths like all other pawns who return from the multipolar court without even some magic bean promises.
That is an interesting development. Newsome has been a lightweight so far as governor, another rich bubble dweller. Xi meeting him is not that special, California and China do a lot of business. He may or may not be a spoiler in the coming election for Biden, who needs to lose. Rumors about Newsome and running are ambiguous. He is not a good politician. So for now I attribute it to China being smart, not Newsome. But you never know, even rich people can learn.
The natzionist old bastards are in a funk. Without Turkeys millions or India and Pakistan millions to be the boots on the ground – no war can ever be won.
Not with a million bombs or rockets.
4 CG’s !!! They have either gone to get cooked in a small pan of water or to evacuate all these many bases and nukes that are still in Israel. That Project is at an end as is the precursor just a few hundred years older, US Project. The bastard child. The European natzi granmamas and papas trying to drag us , the populations, along into supporting the conflagration but curiously not sabre rattling or recruitment driving as we were subjected to in 2001 -05.
Yep, I sense a disturbance in the Force. That point where static friction has been overcome, and you start to slide down the rock face has been passed. Interesting times indeed. Joe Biden’s ability to screw things up remains intact. I think we have to give a lot of credit to his Neocon minions habit of overreaching too.
I attribute the 4 CGs to a combination of stalling, attempting to intimidate, and preparing for evacuation of personnel. Bombing will just get them all shot up with missiles, lots of missiles.
Time for the Occupied territories of Europe to cast out their Yankee spawn cuckoos, who like the grown perma child refuses to leave the nest and demands constant attention and feeding for free from their desperate and aging parents.
Good luck to you guys, like us you are going to need it.
I am recovering from a naso-rhino-pharyngial infection, which does not seem to be COVID, so I am a little lightheaded this morning.
I want to say that I am in awe of what Hamas has done, talk about knowing your enemy, no disrespect to all the dead and wounded. When you deal in war, you deal in lives, you better know what you are about.
Helmer has another one out:
THE GODS ARE GOING AGAINST THE CHOSEN PEOPLE — MAMMON AGAINST ISRAEL, MARS AGAINST THE PENTAGON
Now I am off to read it.
Posted by: DunGroanin | Oct 27 2023 5:25 utc | 34

Posted by: Bemildred | Oct 27 2023 10:31 utc | 89

Just to add to the conversation about California & China, Newsome meeting Xi Jinping, there was an ETSI Summit in Palo Alto (I think it was) recently. It included reps of all Five of the Eyes, including the head of Canada’s spy agency, CSIS.
https://www.etsi.org/newsroom/news/2290-etsi-s-security-conference-navigates-next-generation-technologies
https://x.com/csiscanada/status/1715090217898561963

Posted by: Bruised Northerner | Oct 27 2023 10:58 utc | 91

Really shilling for Oh-Gee agit proppers and their head boy Red-Brown nosing Kit? A Knight of Neee BrexShithead?
Jolly D, mangy stinger, I see you have chosen the path of maximum ignorance and ridicule and are now happily stinging your own self !
Is it some kind of fight club ? Where you bash yourself up??
Curious. Very very strange, behaviour, almost … non-human.

Posted by: DunGroanin | Oct 27 2023 11:10 utc | 93

First major snowstorm hits the Northern USA. Hope they weren’t relying on any of that de-icing salt that can’t be shipped through the St. Lawrence Seaway, due to a strike.
Update from the Toronto Star: Ships, crops piling up
https://www.thestar.com/business/on-the-front-lines-of-the-st-lawrence-seaway-strike-ships-and-crops-piling-up/article_99da6e67-3ae9-50fe-9eb2-3f5e22212909.html

Posted by: Bruised Northerner | Oct 27 2023 11:31 utc | 95

Interesting take on modern education and academia
https://torrancestephensphd.substack.com/p/the-ideological-rot-of-america
also be carefuk in Atlanta
Agents search the carry-on bags of Hartsfield Jackson passengers without getting warrants and seize money without making arrests

Posted by: Dogon Priest | Oct 27 2023 11:42 utc | 97

Forgot link
DEA Agents search the carry-on bags of Hartsfield Jackson passengers without getting warrants and seize money without making arrests
https://www.atlantanewsfirst.com/2023/10/19/plane-sight-drug-agents-searching-passengers-cash-airport-gates/

Posted by: Dogon Priest | Oct 27 2023 11:44 utc | 99