War

DIY-HP-LED

Well-Known Member
How much will trade in oil matter in 20 years and what currency it is priced in? However it could have long term implications for America as countries reduce their USD reserves over time, international trade is mostly done in USD and a lot of that is oil. What happens if countries don't need USD reserves for trade? Those dollars start coming home to roost.


A new world energy order is taking shape
Global oil trade is de-dollarising slowly but surely


On Valentine’s Day in 1945, US president Franklin Delano Roosevelt met Saudi King Abdul Aziz Ibn Saud on the American cruiser USS Quincy. It was the beginning of one of the most important geopolitical alliances of the past 70 years, in which US security in the Middle East was bartered for oil pegged in dollars.

But times change, and 2023 may be remembered as the year that this grand bargain began to shift, as a new world energy order between China and the Middle East took shape.

While China has for some time been buying increasing amounts of oil and liquefied natural gas from Iran, Venezuela, Russia and parts of Africa in its own currency, President Xi Jinping’s meeting with Saudi and Gulf Co-operation Council leaders in December marked “the birth of the petroyuan”, as Credit Suisse analyst Zoltan Pozsar put it in a note to clients.

According to Pozsar, “China wants to rewrite the rules of the global energy market”, as part of a larger effort to de-dollarise the so-called Bric countries of Brazil, Russia, India and China, and many other parts of the world after the weaponisation of dollar foreign exchange reserves following Russia’s invasion of Ukraine.

What does that mean in practice? For starters, a lot more oil trade will be done in renminbi. Xi announced that, over the next three to five years, China would not only dramatically increase imports from GCC countries, but work towards “all-dimensional energy co-operation”. This could potentially involve joint exploration and production in places such as the South China Sea, as well as investments in refineries, chemicals and plastics. Beijing’s hope is that all of it will be paid for in renminbi, on the Shanghai Petroleum and Natural Gas Exchange, as early as 2025.

That would mark a massive shift in the global energy trade. As Pozsar points out, Russia, Iran and Venezuela account for 40 per cent of Opec+ proven oil reserves, and all of them are selling oil to China at a steep discount while the GCC countries account for another 40 per cent of proven reserves. The remaining 20 per cent are in regions within the Russian and Chinese orbit.

Those who doubt the rise of the petroyuan, and the diminution of the dollar-based financial system in general, often point out that China doesn’t enjoy the same level of global trust, rule of law or reserve currency liquidity that the US does, making other countries unlikely to want to do business in renminbi.

Perhaps, although the oil marketplace is dominated by countries that have more in common with China (at least in terms of their political economies) than with the US. What’s more, the Chinese have offered up something of a financial safety-net by making the renminbi convertible to gold on the Shanghai and Hong Kong gold exchanges.

While this doesn’t make the renminbi a substitute for the dollar as a reserve currency, the petroyuan trade nonetheless comes with important economic and financial implications for policymakers and investors.

For one thing, the prospect of cheap energy is already luring western industrial businesses to China. Consider the recent move of Germany’s BASF to downsize its main plant in Ludwigshafen and shift chemical operations to Zhanjiang. This could be the beginning of what Pozsar calls a “farm to table” trend in which China tries to capture more value-added production locally, using cheap energy as a lure. (A number of European manufacturers have also increased jobs in the US because of lower energy costs there.)

Petropolitics come with financial risks as well as upsides. It’s worth remembering that the recycling of petrodollars by oil-rich nations into emerging markets such as Mexico, Brazil, Argentina, Zaire, Turkey and others by US commercial banks from the late 1970s onwards led to several emerging market debt crises. Petrodollars also accelerated the creation of a more speculative, debt-fuelled economy in the US, as banks flush with cash created all sorts of new financial “innovations”, and an influx of foreign capital allowed the US to maintain a larger deficit.

That trend may now start to go into reverse. Already, there are fewer foreign buyers for US Treasuries. If the petroyuan takes off, it would feed the fire of de-dollarisation. China’s control of more energy reserves and the products that spring from them could be an important new contributor to inflation in the west. It’s a slow-burn problem, but perhaps not as slow as some market participants think.

What should policymakers and business leaders do? If I were chief executive of a multinational company, I’d be looking to regionalise and localise as much production as possible to hedge against a multipolar energy market. I’d also do more vertical integration to offset increased inflation in supply chains.

If I were a US policymaker, I’d think about ways to increase North American shale production over the short to medium term (and offer Europeans a discount for it), while also speeding up the green transition. That’s yet another reason why Europeans shouldn’t be complaining about the Inflation Reduction Act, which subsidises clean energy production in the US. The rise of the petroyuan should be an incentive for both the US and Europe to move away from fossil fuels as quickly as they can.
 

BudmanTX

Well-Known Member
why was this not a surprise.......Pooty is a liar always will be.....everyone knows


toward the bottom of the article i found this, little stinkers

Russian hackers targeted U.S. nuclear scientists
A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet records reviewed by Reuters and five cyber security experts.
Between August and September, as President Vladimir Putin indicated Russia would be willing to use nuclear weapons to defend its territory, Cold River targeted the Brookhaven (BNL), Argonne (ANL) and Lawrence Livermore National Laboratories (LLNL), according to internet records that showed the hackers creating fake login pages for each institution and emailing nuclear scientists in a bid to make them reveal their passwords.
 

DIY-HP-LED

Well-Known Member
the most noteable in that package are the Bradley's and the RIM-7 missiles seems like UA made a mode of the Buk launcher for them
There seems to be a lot of shit pouring in from a lot of places, Leopard tanks and APCs from the EU countries and Bradly's and M113s from America, also of note was the Paladin artillery I believe. Looks like they are setting up to pound the shit out of the Russians all winter long until the ground thaws and then when it dries up in the spring, finish them off.
 

BudmanTX

Well-Known Member
There seems to be a lot of shit pouring in from a lot of places, Leopard tanks and APCs from the EU countries and Bradly's and M113s from America, also of note was the Paladin artillery I believe. Looks like they are setting up to pound the shit out of the Russians all winter long until the ground thaws and then when it dries up in the spring, finish them off.
doesn't look like the Paladin is in this package, even though i've seen some blurps about it too

edit: i could be wrong, in the package there is 18 self propelled Howey's...those could be them
 
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printer

Well-Known Member
There was a fire in the building of the Ministry of Foreign Affairs of the Russian Federation.
A fire broke out in the technical room of the building of the Russian Foreign Ministry. This was announced by the official representative of the department Maria Zakharova.

“In one of the buildings of the Foreign Ministry building in the technical room, a fire alarm went off. Possible cause is a short circuit. Employees of the Ministry of Emergency Situations are working, ”Zakharova wrote in her telegram channel. She also said no one was hurt in the fire.

The articles about the pause that Putin ordered have the obvious responses about heathen Ukrainians, no reason to bother posting. And just for fun,

American colonel: Poland is going to violate NATO ban on Ukraine
The statements of Polish politicians show a desire to annex the territories of Western Ukraine, which is contrary to the interests of NATO, said Colonel Douglas McGregor, a former adviser to the head of the Pentagon, on the Judging Freedom YouTube channel.

" If you carefully follow the rhetoric of the Poles, you can see that they are talking about expanding their territory. <...> They want to regain control over the lost lands. <...> This is contrary to the goals of NATO, I doubt that most of the countries of the alliance support them," he said.

According to the military, the Poles consider themselves a great nation and remember how 400 years ago they were the largest state in Europe with the strongest army. MacGregor believes that Warsaw wants to return to its former glory by returning the territories that were then part of the Commonwealth - including Western Ukraine and even Minsk.

From a strategic point of view, Poland's actions are not the most prudent and adequate, the colonel believes. But NATO and the US are doing nothing to stop the likely entry of Polish troops into Ukraine, he added.

In November, the director of the Russian Foreign Intelligence Service, Sergei Naryshkin , said in an interview with RIA Novosti that the Polish leadership intended to hold referendums in Western Ukraine to justify claims to Ukrainian lands. According to him, as a test balloon, the Polish special services leaked information to the Ukrainian media that a similar plebiscite was allegedly already being prepared in the Lviv region .

According to the SVR , Warsaw is speeding up preparations for the annexation of the territories of Lviv, Ivano-Frankivsk and most of the Ternopil region of Ukraine.

Since February 24, a special military operation has been taking place in Ukraine. Vladimir Putin called her ultimate task the liberation of Donbass and the creation of conditions that guarantee the security of Russia . Against this backdrop , the United States and its NATO allies are supporting Kiev with tens of billions of dollars worth of arms supplies. Moscow has repeatedly stated that the supply of military equipment only prolongs the conflict, and the transport of weapons becomes a legitimate target for the Russian army.
 

cannabineer

Ursus marijanus
There was a fire in the building of the Ministry of Foreign Affairs of the Russian Federation.
A fire broke out in the technical room of the building of the Russian Foreign Ministry. This was announced by the official representative of the department Maria Zakharova.

“In one of the buildings of the Foreign Ministry building in the technical room, a fire alarm went off. Possible cause is a short circuit. Employees of the Ministry of Emergency Situations are working, ”Zakharova wrote in her telegram channel. She also said no one was hurt in the fire.

The articles about the pause that Putin ordered have the obvious responses about heathen Ukrainians, no reason to bother posting. And just for fun,

American colonel: Poland is going to violate NATO ban on Ukraine
The statements of Polish politicians show a desire to annex the territories of Western Ukraine, which is contrary to the interests of NATO, said Colonel Douglas McGregor, a former adviser to the head of the Pentagon, on the Judging Freedom YouTube channel.

" If you carefully follow the rhetoric of the Poles, you can see that they are talking about expanding their territory. <...> They want to regain control over the lost lands. <...> This is contrary to the goals of NATO, I doubt that most of the countries of the alliance support them," he said.

According to the military, the Poles consider themselves a great nation and remember how 400 years ago they were the largest state in Europe with the strongest army. MacGregor believes that Warsaw wants to return to its former glory by returning the territories that were then part of the Commonwealth - including Western Ukraine and even Minsk.

From a strategic point of view, Poland's actions are not the most prudent and adequate, the colonel believes. But NATO and the US are doing nothing to stop the likely entry of Polish troops into Ukraine, he added.

In November, the director of the Russian Foreign Intelligence Service, Sergei Naryshkin , said in an interview with RIA Novosti that the Polish leadership intended to hold referendums in Western Ukraine to justify claims to Ukrainian lands. According to him, as a test balloon, the Polish special services leaked information to the Ukrainian media that a similar plebiscite was allegedly already being prepared in the Lviv region .

According to the SVR , Warsaw is speeding up preparations for the annexation of the territories of Lviv, Ivano-Frankivsk and most of the Ternopil region of Ukraine.

Since February 24, a special military operation has been taking place in Ukraine. Vladimir Putin called her ultimate task the liberation of Donbass and the creation of conditions that guarantee the security of Russia . Against this backdrop , the United States and its NATO allies are supporting Kiev with tens of billions of dollars worth of arms supplies. Moscow has repeatedly stated that the supply of military equipment only prolongs the conflict, and the transport of weapons becomes a legitimate target for the Russian army.
way to smear the Poles: the Russians accusing them of doing what Russia is doing. Oh the shame of it all.
 

Roger A. Shrubber

Well-Known Member
There was a fire in the building of the Ministry of Foreign Affairs of the Russian Federation.
A fire broke out in the technical room of the building of the Russian Foreign Ministry. This was announced by the official representative of the department Maria Zakharova.

“In one of the buildings of the Foreign Ministry building in the technical room, a fire alarm went off. Possible cause is a short circuit. Employees of the Ministry of Emergency Situations are working, ”Zakharova wrote in her telegram channel. She also said no one was hurt in the fire.

The articles about the pause that Putin ordered have the obvious responses about heathen Ukrainians, no reason to bother posting. And just for fun,

American colonel: Poland is going to violate NATO ban on Ukraine
The statements of Polish politicians show a desire to annex the territories of Western Ukraine, which is contrary to the interests of NATO, said Colonel Douglas McGregor, a former adviser to the head of the Pentagon, on the Judging Freedom YouTube channel.

" If you carefully follow the rhetoric of the Poles, you can see that they are talking about expanding their territory. <...> They want to regain control over the lost lands. <...> This is contrary to the goals of NATO, I doubt that most of the countries of the alliance support them," he said.

According to the military, the Poles consider themselves a great nation and remember how 400 years ago they were the largest state in Europe with the strongest army. MacGregor believes that Warsaw wants to return to its former glory by returning the territories that were then part of the Commonwealth - including Western Ukraine and even Minsk.

From a strategic point of view, Poland's actions are not the most prudent and adequate, the colonel believes. But NATO and the US are doing nothing to stop the likely entry of Polish troops into Ukraine, he added.

In November, the director of the Russian Foreign Intelligence Service, Sergei Naryshkin , said in an interview with RIA Novosti that the Polish leadership intended to hold referendums in Western Ukraine to justify claims to Ukrainian lands. According to him, as a test balloon, the Polish special services leaked information to the Ukrainian media that a similar plebiscite was allegedly already being prepared in the Lviv region .

According to the SVR , Warsaw is speeding up preparations for the annexation of the territories of Lviv, Ivano-Frankivsk and most of the Ternopil region of Ukraine.

Since February 24, a special military operation has been taking place in Ukraine. Vladimir Putin called her ultimate task the liberation of Donbass and the creation of conditions that guarantee the security of Russia . Against this backdrop , the United States and its NATO allies are supporting Kiev with tens of billions of dollars worth of arms supplies. Moscow has repeatedly stated that the supply of military equipment only prolongs the conflict, and the transport of weapons becomes a legitimate target for the Russian army.
Poland is going to invade Ukraine? The Same Poland that has been a willing staging area for incoming aid for Ukraine since the beginning of the war? The same Poland that has taken in over 8.5 million Ukrainian refugees? and granted them 18 month privileges, with access to housing, education, and employment?...The same Poland that has donated 230 tanks and over 130 self propelled guns?
did russia "mobilize" their entire propaganda team recently? they were never worth a fuck, but now they aren't even trying. who is that tidbit even for? the Ukrainians know better, the Pols sure as fuck know better...the only people who might believe that are old russian fucks who were bottle fed state propaganda since birth...and who gives a shit what they believe?
all these lies seem like wasted effort. no one who could possibly matter has ever believed the first word of it, why keep wasting the time on it?
 

BudmanTX

Well-Known Member
Poland is going to invade Ukraine? The Same Poland that has been a willing staging area for incoming aid for Ukraine since the beginning of the war? The same Poland that has taken in over 8.5 million Ukrainian refugees? and granted them 18 month privileges, with access to housing, education, and employment?...The same Poland that has donated 230 tanks and over 130 self propelled guns?
did russia "mobilize" their entire propaganda team recently? they were never worth a fuck, but now they aren't even trying. who is that tidbit even for? the Ukrainians know better, the Pols sure as fuck know better...the only people who might believe that are old russian fucks who were bottle fed state propaganda since birth...and who gives a shit what they believe?
all these lies seem like wasted effort. no one who could possibly matter has ever believed the first word of it, why keep wasting the time on it?
there is a lot of squirrels and will take that and run with it......just like the whole church BS.......
 

Roger A. Shrubber

Well-Known Member
there is a lot of squirrels and will take that and run with it......just like the whole church BS.......
yeah..."never underestimate the stupidity of the international deplorable fuck..."
i'm guessing that Poland intending to invade Ukraine will be tucker fuckfaces next high pitched diatribe...
is it wrong to pray to a god you don't believe in to cull someone who needs it?
 
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