Pubblicato in: Banche Centrali, Devoluzione socialismo, Unione Europea

Parlamento Europeo. Una pioggia di miliardi sui media liberal socialisti.

Giuseppe Sandro Mela.

2022-11-26.

2022-11-25__ Banda Basotti 001

«I media avranno piena libertà editoriale a condizione che sia garantito il rispetto dei valori sanciti dall’articolo 2 del Trattato sull’Unione europea»

«Inoltre, le attività proposte dovranno seguire i principi di trasparenza, non discriminazione, accuratezza, pluralismo e indipendenza»

* * *

In poche parole, i denari saranno dati esclusivamente ai media liberal ex di regime, quasi a consolarli che il loro boss Joe Biden stia facendo adesso il pappagallo impagliato negli atri della Casa Bianca.

La cifra disponibile sembrerebbe aggirarsi attorno agli otto miliardi di euro, ma potrebbe variare ed anche crescere.

* * * * * * *


Sovvenzioni media in vista delle elezioni europee 2024.

La Direzione generale della Comunicazione (DGCOMM) del Parlamento europeo lancia oggi una nuova gara nell’ambito del programma di sovvenzioni per i media, questa volta con l’obiettivo di sensibilizzare i cittadini sul ruolo e sui valori democratici dell’UE in vista delle elezioni europee del 2024. La scadenza per la presentazione dei progetti è il 26 gennaio 2023 alle ore 17:00 CET.

Il Parlamento europeo lancia un invito ai media interessati a presentare progetti, preferibilmente in inglese, che svolgano una duplice funzione: da un lato, fornire informazioni regolari, affidabili, pluralistiche e non di parte sulle prossime elezioni europee del 2024 e sul lavoro del Parlamento europeo (in particolare le implicazioni sulla vita quotidiana dei cittadini) e, dall’altro, promuovere la partecipazione e l’attivazione dei cittadini e delle organizzazioni della società civile nel dibattito sulle prossime elezioni europee del 2024.

                         Chi può partecipare?

Le azioni devono essere multipiattaforma e contenere una strategia di interazione online. I mezzi di comunicazione target sono le agenzie di stampa, i canali televisivi e radiofonici, i media digitali (sia i media nativi digitali che le piattaforme digitali di altri media) e la stampa.

I formati innovativi in grado di raggiungere con successo gli elettori che per la prima volta hanno il diritto di recarsi alle urne avranno un vantaggio competitivo. Il coinvolgimento di moltiplicatori, creatori di contenuti e opinion leader nel dibattito sulle prossime elezioni, nonché la partecipazione/interazione con i cittadini, anche attraverso i social media, saranno considerati un valore aggiunto.

                         Criteri di valutazione

I criteri chiave per l’assegnazione delle sovvenzioni sono l’audience potenziale, la portata e l’impatto dell’azione in termini di aumento della conoscenza dei cittadini sulle attività e le politiche del Parlamento europeo, nonché la capacità di promuovere il dibattito pubblico sull’UE e sulle elezioni europee del 2024.

                         Scadenze e finanziamento

Il calendario per la presentazione delle candidature inizia oggi, 27 ottobre, e termina il 26 gennaio 2023. Le azioni avranno una durata minima di 6 mesi e potranno iniziare il 1° settembre 2023 e protrarsi fino al 31 dicembre 2024 al massimo. Tuttavia, la data di inizio non può essere successiva al 31 dicembre 2023.

La sovvenzione è limitata a un tasso di cofinanziamento massimo del 70% dei costi ammissibili per l’azione.

                         Condizioni

I media avranno piena libertà editoriale a condizione che sia garantito il rispetto dei valori sanciti dall’articolo 2 del Trattato sull’Unione europea e l’indipendenza da qualsiasi istituzione pubblica o privata per quel che concerne le questioni relative alle decisioni editoriali. Inoltre, le attività proposte dovranno seguire i principi di trasparenza, non discriminazione, accuratezza, pluralismo e indipendenza.

Pubblicato in: Banche Centrali, Geopolitica Mondiale, India, Senza categoria

India. Una grande potenza politica ed economica in continua ascesa.

Giuseppe Sandro Mela.

2022-11-26.

2022-11-19__ India Indicators 001

L’india è cresciuta molto velocemente nel corso degli anni, mostrando soprattutto un elevato senso dello equilibrio.

Non ha assunto schieramenti ideologici.

«il suo governo è stato ripetutamente criticato per la repressione della libertà di parola e per le politiche discriminatorie nei confronti delle minoranze»: già. Ma a criticarlo erano i liberal democratici, quelli che adesso sono orfani di Joe Biden.

* * *

India. Lancia altri 36 satelliti di comunicazioni per OneWeb.

India. È diventata la sesta economia mondiale e sorpassa il Regno Unito che retrocede.

India. È diventata il maggiore importatore di petrolio russo.

India. Imf stima la crescita al 7.4% per il 2022 ed al 6.1% per il 2023.

India. Carbone. Utilizza oltre un trilione di tonnellate ed importa tranquillante il carbone russo.

India. Non appoggia bensì si dissocia dalle sanzioni alla Russia.

India. Prosegue tranquilla a comprare petrolio dalla Russia. Non accetta le sanzioni di Joe Biden.

India – Russia accordo per usare rupia e rublo come valute di scambio. – Sfregio a Biden.

Nazioni Unite. Cina, India ed Emirati Arabi Uniti si astengono e Russia pone il veto.

* * * * * * *

                         Ucraina, una frase familiare spiccava nel documento di 1,186 pagine. L’era odierna non deve essere quella della guerra, si leggeva, facendo eco a quanto detto dal Primo Ministro indiano Narendra Modi al leader russo Vladimir Putin durante un incontro faccia a faccia a settembre. I media e i funzionari del Paese di 1.3 miliardi di abitanti hanno subito rivendicato l’inclusione come un segno che la più grande democrazia del mondo ha svolto un ruolo vitale nel colmare le differenze tra una Russia sempre più isolata e gli Stati Uniti e i suoi alleati.

                         Il messaggio del Primo Ministro, secondo cui questa non è l’era della guerra ha risuonato profondamente in tutte le delegazioni e ha contribuito a colmare il divario tra le diverse parti.

                         Mentre Nuova Delhi bilancia abilmente i suoi legami con la Russia e l’Occidente, Modi, secondo gli analisti, sta emergendo come un leader che è stato corteggiato da tutte le parti, conquistando il sostegno in patria e cementando l’India come broker di potere internazionale. Modi, d’altra parte, ha tenuto una serie di discussioni con diversi leader mondiali, tra cui il neo-primo ministro britannico Rishi Sunak, che hanno riguardato la sicurezza alimentare e l’ambiente, la salute e la rinascita economica, evitando di condannare apertamente l’aggressione di Putin e continuando a prendere le distanze dalla Russia.

                         Dall’inizio della guerra, l’India ha ripetutamente chiesto la cessazione della violenza in Ucraina, senza condannare apertamente l’invasione della Russia. Voglio assicurare che la presidenza indiana del G20 sarà inclusiva, ambiziosa, decisa e orientata all’azione. Il posizionamento dell’India per il vertice del prossimo anno è molto incentrato sull’essere la voce del mondo in via di sviluppo e del Sud globale.

                         Sebbene Modi rimanga immensamente popolare in un Paese in cui circa l’80% della popolazione è indù, il suo governo è stato ripetutamente criticato per la repressione della libertà di parola e per le politiche discriminatorie nei confronti delle minoranze. Ma credo che la sua posizione internazionale derivi dalla sua posizione interna. Se questa rimane forte, il pubblico internazionale è destinato a rispettarlo.

* * * * * * *

«When world leaders at the Group of 20 summit in Bali, Indonesia, issued a joint statement condemning Russia’s war in Ukraine, a familiar sentence stood out from the 1,186-page document. Today’s era must not be of war, it said, echoing what Indian Prime Minister Narendra Modi told Russian leader Vladimir Putin during a face-to-face meeting in September. Media and officials in the country of 1.3 billion were quick to claim the inclusion as a sign that the world’s largest democracy had played a vital role in bridging differences between an increasingly isolated Russia, and the United States and its allies.»

«The Prime Minister’s message that this is not the era of war… resonated very deeply across all the delegations and helped bridge the gap across different parties,»

«As New Delhi deftly balances its ties to Russia and the West, Modi, analysts say, is emerging as a leader who has been courted by all sides, winning him support at home, while cementing India as an international power broker. Modi, on the other hand, held a series of discussions with several world leaders, including newly appointed British Prime Minister Rishi Sunak, ranging from food security and environment, to health and economic revival – steering largely clear of condemning Putin’s aggression outright, while continuing to distance his country from Russia»

«Since the start of the war, India has repeatedly called for a cessation of violence in Ukraine, falling short of condemning Russia’s invasion outright. I want to assure that India’s G20 presidency will be inclusive, ambitious, decisive, and action-oriented. India’s positioning of next year’s summit is very much of being the voice of the developing world and the global South»

«While Modi remains immensely popular in a country where about 80% of the population is Hindu, his government has been repeatedly criticized for a clampdown on free speech and discriminatory policies toward minority groups. But I think his international standing comes from his domestic standing. And if that remains strong, then the international audience is bound to respect him»

* * * * * * *


G20’s criticism of Russia shows the rise of a new Asian power. And it isn’t China.

Hong Kong CNN. When world leaders at the Group of 20 summit in Bali, Indonesia, issued a joint statement condemning Russia’s war in Ukraine, a familiar sentence stood out from the 1,186-page document.

“Today’s era must not be of war,” it said, echoing what Indian Prime Minister Narendra Modi told Russian leader Vladimir Putin during a face-to-face meeting in September.

Media and officials in the country of 1.3 billion were quick to claim the inclusion as a sign that the world’s largest democracy had played a vital role in bridging differences between an increasingly isolated Russia, and the United States and its allies.

“How India united G20 on PM Modi’s idea of peace,” ran a headline in the Times of India, the country’s largest English-language paper. “The Prime Minister’s message that this is not the era of war… resonated very deeply across all the delegations and helped bridge the gap across different parties,” India’s Foreign Secretary Vinay Kwatra told reporters Wednesday.

The declaration came as Indonesian President Joko Widodo handed over the G20 presidency to Modi, who will host the next leaders’ summit in the Indian capital New Delhi in September 2023 – about six months before he is expected to head to the polls in a general election and contest the country’s top seat for a third time.

As New Delhi deftly balances its ties to Russia and the West, Modi, analysts say, is emerging as a leader who has been courted by all sides, winning him support at home, while cementing India as an international power broker.

“The domestic narrative is that the G20 summit is being used as a big banner in Modi’s election campaign to show he’s a great global statesmen,” said Sushant Singh, a senior fellow at New Delhi-based think tank Center for Policy Research. “And the current Indian leadership now sees themselves as a powerful country seated at the high table.”

                         India bridges ‘multiple antagonists’

On some accounts, India’s presence at the G20 was overshadowed by the much anticipated meeting between Chinese leader Xi Jinping and US President Joe Biden, and the scramble to investigate the killing of two Polish citizens after what Warsaw said was a “Russian-made missile” landed in a village near the NATO-member’s border with Ukraine.

Global headlines covered in detail how Biden and Xi met for three hours on Monday, in an attempt to prevent their rivalry from spilling into open conflict. And on Wednesday, leaders from the G7 and NATO convened an emergency meeting in Bali to discuss the explosion in Poland.

Modi, on the other hand, held a series of discussions with several world leaders, including newly appointed British Prime Minister Rishi Sunak, ranging from food security and environment, to health and economic revival – steering largely clear of condemning Putin’s aggression outright, while continuing to distance his country from Russia.

While India had a “modest agenda” for the G20 revolving around the issues of energy, climate, and economic turmoil as a result of the war, Western leaders “are listening to India as a major stakeholder in the region, because India is a country that is close to both the West and Russia,” said Happymon Jacob, associate professor of diplomacy and disarmament at the Jawaharlal Nehru University (JNU) in New Delhi.

New Delhi has strong ties with Moscow dating back to the Cold War, and India remains heavily reliant on the Kremlin for military equipment – a vital link given India’s ongoing tensions at its shared Himalayan border with an increasingly assertive China.

At the same time, New Delhi has been growing closer to the West as leaders attempt to counter the rise of Beijing, placing India in a strategically comfortable position.

“One of the ways in which India had an impact at the G20 is that it seems to be one of the few countries that can engage all sides,” said Harsh V. Pant, professor in international relations at King’s College London. “It’s a role that India has been able to bridge between multiple antagonists.”

                         ‘Voice of the developing world’

Since the start of the war, India has repeatedly called for a cessation of violence in Ukraine, falling short of condemning Russia’s invasion outright.

But as Putin’s aggression has intensified, killing thousands of people and throwing the global economy into chaos, analysts say India’s limits are being put to the test.

Observers point out Modi’s stronger language to Putin in recent months was made in the context of rising food, fuel and fertilizer prices, and the hardships that was creating for other countries. And while this year’s G20 was looked at through the lens of the war, India could bring its own agenda to the table next year.

“India’s taking over the presidency comes at a time when the world is placing a lot of focus on renewable energy, rising prices and inflation,” Jacob from JNU said. “And there is a feeling that India is seen as a key country that can provide for the needs of the region in South Asia and beyond.”

Soaring global prices across a number of energy sources as a result of the war are hammering consumers, who are already grappling with rising food costs and inflation.

Speaking at the end of the G20 summit on Wednesday, Modi said India was taking charge at a time when the world was “grappling with geopolitical tensions, economic slowdown, rising food and energy prices, and the long-term ill-effects of the pandemic.”

“I want to assure that India’s G20 presidency will be inclusive, ambitious, decisive, and action-oriented,” he said in his speech.

India’s positioning of next year’s summit is “very much of being the voice of the developing world and the global South,” Pant, from King’s College London, said.

“Modi’s idea is to project India as a country that can respond to today’s challenges by echoing the concerns that some of the poorest countries have about the contemporary global order.”

                         All eyes on Modi

As India prepares to assume the G20 presidency, all eyes are on Modi as he also begins his campaign for India’s 2024 national election.

Domestically, his Hindu-nationalist Bharatiya Janata Party’s (BJP) populist politics have polarized the nation.

While Modi remains immensely popular in a country where about 80% of the population is Hindu, his government has been repeatedly criticized for a clampdown on free speech and discriminatory policies toward minority groups.

Amid those criticisms, Modi’s political allies have been keen to push his international credentials, portraying him as a key player in the global order.

 “(The BJP) is taking Modi’s G20 meetings as a political message that he is bolstering India’s image abroad and forging strong partnerships,” said Singh, from the Center for Policy Research.

This week, India and Britain announced they are going ahead with a much anticipated “UK-India Young Professionals Scheme,” which will allow 3,000 degree-educated Indian nationals between 18 and 30 years old to live and work in the United Kingdom for up to two years.

At the same time, Modi’s Twitter showed a flurry of smiling photographs and video of the leader with his Western counterparts.

“His domestic image remains strong,” Singh said, adding it remains to be seen whether Modi can keep up his careful balancing act as the war progresses.

“But I think his international standing comes from his domestic standing. And if that remains strong, then the international audience is bound to respect him.”

Pubblicato in: Banche Centrali, Devoluzione socialismo, Unione Europea

Europa. Indice dei prezzi alla produzione. Inflazione al 43.4% anno su anno.

Giuseppe Sandro Mela.

2022-11-22.

2022-11-18__ Domestic producer prices 001

«It is a measure of inflation at the wholesale level

«Industrial producer price index.

                         Role of the industrial producer price index.

The industrial producer price index measures the gross monthly change in the trading price of industrial products (there are also producer price indices for construction and for services).

The industrial producer price index (PPI) measures price changes from the point of view of the producers/manufacturers of a product. In this it differs from consumer price indices which measure the prices from the point of view of consumers/buyers (see below). The PPI reflects basic prices, which exclude VAT and similar deductible taxes directly linked to turnover. By contrast, any subsidies on products received by the producer should be added. In order to show the true development of price movements, actual transaction prices – instead of list prices – are collected.

                         Industrial producer price index – sub-indices

There are two sub-indices for the industrial producer price index, one for the domestic and one for the non-domestic market (Figure 1). When combined, the sub-indices give the change in the PPI for a given industry. For producer prices on the non-domestic market, the prices are calculated at national frontiers, FOB (free on board); this means that the seller pays for transportation of the goods to the port of shipment, plus loading costs, and the buyer pays freight, insurance, unloading costs and transportation from the port of destination to his factory. All characteristics that determine the price of the products have to be taken into account. This includes quantity of units sold, transport provided, rebates, service conditions, guarantee conditions and destination» [Eurostat]

* * * * * * *

Indice dei prezzi alla produzione industriale.

                         Ruolo dell’indice dei prezzi alla produzione industriale.

L’indice dei prezzi alla produzione industriale misura la variazione mensile lorda del prezzo di scambio dei prodotti industriali (esistono anche indici dei prezzi alla produzione per le costruzioni e per i servizi).

L’indice dei prezzi alla produzione industriale (IPP) misura le variazioni dei prezzi dal punto di vista dei produttori/fabbricanti di un prodotto. In questo si differenzia dagli indici dei prezzi al consumo che misurano i prezzi dal punto di vista dei consumatori/acquirenti (vedi sotto). L’IPP riflette i prezzi di base, che escludono l’IVA e altre imposte deducibili direttamente legate al fatturato. Per contro, vanno aggiunti gli eventuali sussidi sui prodotti ricevuti dal produttore. Per mostrare l’andamento reale dei prezzi, vengono rilevati i prezzi effettivi delle transazioni, anziché i prezzi di listino.

                         Indice dei prezzi alla produzione industriale – sottoindici

Esistono due sottoindici per l’indice quantità allucinanti di liquiditàdei prezzi alla produzione industriale, uno per il mercato interno e uno per il mercato non interno (Figura 1). Combinati, i sottoindici forniscono la variazione dell’IPP per un determinato settore. Per i prezzi alla produzione sul mercato non interno, i prezzi sono calcolati alle frontiere nazionali, FOB (free on board); ciò significa che il venditore paga il trasporto delle merci fino al porto di spedizione, più i costi di carico, e l’acquirente paga il nolo, l’assicurazione, i costi di scarico e il trasporto dal porto di destinazione alla sua fabbrica. Tutte le caratteristiche che determinano il prezzo dei prodotti devono essere prese in considerazione. Ciò include la quantità di unità vendute, il trasporto fornito, gli sconti, le condizioni di servizio, le condizioni di garanzia e la destinazione.

* * * * * * *

«The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output. It is a measure of inflation at the wholesale level that is compiled from thousands of indexes measuring producer prices by industry and product category.»

«L’indice dei prezzi alla produzione (PPI) misura la variazione media nel tempo dei prezzi che i produttori nazionali ricevono per la loro produzione. Si tratta di una misura dell’inflazione a livello di commercio all’ingrosso, compilata a partire da migliaia di indici che misurano i prezzi alla produzione per settore e categoria di prodotto»

* * * * * * *

La inflazione nel blocco europeo ammonta al 43.4% anno su anno.

In Germania quota 46.9%, in Italia il 53.0%, mentre in Svizzera cale solo il 7.9%.

Il problema è drammaticamente semplice.

Negli anni la banca centrale ha immesso nel sistema quantità allucinanti di liquidità per cercare di lenire il peso del debito pubblico. Ma gli stati ben si sono guardati dall’utilizzare il periodo di tassi infimi e financo negativi per sanare i propri bilanci.

Adesso solo due alternative: o il default oppure una mastodontica inflazione che bruci tutto quel denaro in eccesso.

Pubblicato in: Banche Centrali, Devoluzione socialismo, Stati Uniti

White House. Le femmine sono il 60% del personale. Wall Street ha perso 16.1 trilioni.

Giuseppe Sandro Mela.

2022-11-18.

2022-10-07__ Buffett Indicator 001

La capitalizzazione delle borse di Wall Street il 23 settembre 2021valeva 54.7 trilioni di dollari, mentre il 30 settembre 2022 valeva 38.6 trilioni. [Fonte]

Dal 23 settembre 2021 al sei ottobre 2022 la capitalizzazione di Wall Street ha perso 16.1 trilioni di dollari.

Usa. Sanzioni alla Russia. Dal 23 settembre sono costate 10,400 miliardi ai Contribuenti.

* * * * * * *

L’Inauguration Day è già stato storico per le donne, con Kamala Harris che è diventata la prima donna e persona di colore a diventare vicepresidente, e presto potrebbe essere raggiunta da un Gabinetto altrettanto da record.

Dodici delle nomine di Biden per posizioni di gabinetto e di livello di gabinetto sono donne, tra cui otto donne di colore, e se saranno tutte confermate si batterà il record dell’ex presidente Bill Clinton di nove donne in carica contemporaneamente, avvenuto durante il suo secondo mandato.

Queste donne porteranno esperienze e prospettive diverse nel loro lavoro, che è tra i più importanti per il Paese. Sono a capo di agenzie che definiranno i termini e l’agenda dei prossimi quattro anni.

Le donne costituiscono il 60% dello staff della Casa Bianca nominato dal presidente Joe Biden, mentre le persone provenienti da comunità razziali o etniche diverse rappresentano il 44%, ha dichiarato giovedì la Casa Bianca in occasione della pubblicazione del rapporto annuale sul personale al Congresso.

* * *

«Questa negazione totale dell’uomo, la sovversione della fede e dei valori tradizionali, la soppressione della libertà assumono le caratteristiche di una religione al contrario – un vero e proprio satanismo.»

Orbene.

A distanza di due anni di tempo l’inflazione è a due cifre e le previsioni per midterm sono fosche.

Questi sono i risultati. Ma il risultato più importante consiste nella perdita del controllo del Congresso. Adesso Joe Biden e la sua amministrazione di femminielli e femminielle conta meno del nulla. I suoi fedeli supporter sono rimasti orfani del padrino protettore, orfani politicamente ed ecoomicamente.

La amministrazione delle femmine ha portato gli Stati Uniti alla rovina.

* * * * * * *

«Inauguration Day already was historic for women, with Kamala Harris becoming the first woman and person of color to become vice president, and she soon could be joined by a similarly record-breaking Cabinet.

Twelve of Biden’s nominations for Cabinet and Cabinet-level positions are women, including eight women of color, and if they’re all confirmed it would shatter former President Bill Clinton’s record of nine women serving concurrently, which happened during his second term.»

«These women will bring diverse lived experiences and perspectives to the work that they do, which is some of the most important policy work for the country. They’re heading agencies that will set the terms and agenda for the next four years.»

«Women make up 60% of the White House staff appointed by President Joe Biden, while people from racially or ethnically diverse communities account for 44%, the White House on Thursday as it released an annual personnel report to Congress.»

* * * * * * *


Biden Cabinet picks feature record number of women and women of color

Inauguration Day already was historic for women, with Kamala Harris becoming the first woman and person of color to become vice president, and she soon could be joined by a similarly record-breaking Cabinet.

Twelve of Biden’s nominations for Cabinet and Cabinet-level positions are women, including eight women of color, and if they’re all confirmed it would shatter former President Bill Clinton’s record of nine women serving concurrently, which happened during his second term.

When former President Donald Trump was in office, six women served at the same time, excluding two who served in acting roles, per Rutgers University’s Center of American Women and Politics

“Joe Biden made a commitment during his campaign that he would work to be sure that his administration looks like the constituencies it serves,” Kelly Dittmar, director of research at CAWP, told ABC News. “I think what we’re seeing in his Cabinet is that he’s gotten pretty close to making good on that promise.”

“These women will bring diverse lived experiences and perspectives to the work that they do, which is some of the most important policy work for the country,” she added. “They’re heading agencies that will set the terms and agenda for the next four years.”

* * * * * * *


Women make up 60% of White House staff, diversity total at 44%

Washington, July 1 (Reuters) – Women make up 60% of the White House staff appointed by President Joe Biden, while people from racially or ethnically diverse communities account for 44%, the White House on Thursday as it released an annual personnel report to Congress.

The White House said the report – which includes the names, titles and salaries of all political appointees – showed that the Biden administration was the most diverse in U.S. history, in line with the Democratic president’s commitment to build an administration that looks like America.

The report also showed a pay gap between men and women of just under 1 percent, with the women earning $93,752 on average, while men earn $94,639.

White House press secretary Jen Psaki and Chief of Staff Ron Klain are among the top earners, drawing a salary of $180,000 a year, as is Elizabeth Hone, a longtime Federal Communications Commission attorney hired as a special adviser on broadband, who gets $183,164 a year.

The administration had hired 1,500 presidential appointees across the federal government in the first 100 days in office, double the number hired by any prior administration in that time period.

Pubblicato in: Banche Centrali, Devoluzione socialismo, Geopolitica Mondiale, Stati Uniti

Midterm. Sono mutati tutti gli equilibri mondiali. La pace si sta avvicinando.

Giuseppe Sandro Mela.

2022-11-14.

Bosch Hieronymus. Ascesa all'Empireo. Palazzo Ducale. Venezia.

«Kevin McCarthy, the top Republican in the House of Representatives, said his party will not write a blank check for Ukraine»

«Kevin McCarthy, il principale repubblicano alla Camera dei Rappresentanti, ha dichiarato che il suo partito non emetterà un assegno in bianco per l’Ucraina»

«But under the US Constitution, it is normally Congress, not the president, which controls the nation’s purse strings, so any future aid for Ukraine will have to be approved by both houses of Congress»

«Ma secondo la Costituzione degli Stati Uniti, di solito è il Congresso, non il Presidente, a controllare i cordoni della borsa della nazione, quindi ogni futuro aiuto all’Ucraina dovrà essere approvato da entrambe le camere del Congresso»

* * * * * * *

La scomparsa politica di Joe Biden e dei liberal democratici non interessa solo gli Stati Uniti, bensì ha una portata mondiale. Ci pensino bene i liberal europei rimasti orfani e, soprattutto, Zelensky. Per lui nessuna pietà. Il suo imperdonabile errore è stato quello di fidarsi di Joe Biden.

* * * * * * *

                         Le elezioni di midterm negli Stati Uniti determineranno il futuro del sostegno di Washington all’Ucraina. Il sostegno degli Stati Uniti all’Ucraina nel contesto dell’operazione militare speciale della Russia è stato fondamentale per la resistenza di Kiev agli attacchi missilistici e dei droni di Mosca sulle sue infrastrutture critiche e per gli sforzi dell’Ucraina di liberare i territori controllati dalla Russia. Recentemente, venerdì, gli Stati Uniti hanno annunciato un nuovo pacchetto di aiuti militari per l’Ucraina da 400 milioni di dollari, che comprende finanziamenti per la ristrutturazione dei missili di difesa aerea HAWK da trasferire in futuro all’Ucraina, 45 carri armati T-72B ristrutturati e 1,100 droni Phoenix Ghost.

                         Ma i risultati delle elezioni di metà mandato di martedì potrebbero cambiare l’approccio di Washington nei confronti di Kiev: molti sondaggi prevedono che il controllo del Congresso degli Stati Uniti passi ai repubblicani, un partito il cui sostegno all’Ucraina è meno saldo dei democratici, che controllano attualmente le camere. Kevin McCarthy, il principale repubblicano alla Camera dei Rappresentanti, ha dichiarato che il suo partito non emetterà un assegno in bianco per l’Ucraina se riconquisterà la maggioranza alla Camera. Penso che la gente si troverà in una situazione di recessione e non scriverà un assegno in bianco all’Ucraina.

                         Ma secondo la Costituzione degli Stati Uniti, di solito è il Congresso, non il Presidente, a controllare i cordoni della borsa della nazione, quindi ogni futuro aiuto all’Ucraina dovrà essere approvato da entrambe le camere del Congresso. Con i repubblicani, all’Ucraina non andrà un solo centesimo, e anche il rappresentante Matt Gaetz della Florida ha suggerito che gli aiuti saranno tagliati del tutto. Appena dopo l’inizio della guerra, a marzo, solo il 6% dei repubblicani affermava che gli Stati Uniti stavano facendo troppo per aiutare l’Ucraina, ma ora quasi la metà, il 48%. futuro Congresso degli Stati Uniti controllato dai repubblicani che taglierà gli aiuti militari alla nazione dell’Europa orientale assediata.

* * * * * * *

«US midterm elections set to shape future of Washington’s support for Ukraine. US support for Ukraine amid Russia’s “special military operation” has been pivotal in Kyiv’s resisting missile and drone strikes by Moscow on its critical infrastructure, and in Ukrainian efforts to liberate its Russian-controlled territories. Most recently, on Friday, the US announced a new $400 million military aid package for Ukraine, including funding to refurbish HAWK air defense missiles for future transfers to Ukraine, 45 refurbished T-72B tanks, and 1,100 Phoenix Ghost drones»

«But the results of Tuesday’s US midterm elections may change Washington’s approach on Kyiv, with many polls predicting control of the US Congress shifting to Republicans, a party whose support for Ukraine is less steadfast than the Democrats, who control the chambers now. Kevin McCarthy, the top Republican in the House of Representatives, said his party will not write a blank check for Ukraine if they win back the House majority. I think people are gonna be sitting in a recession and they’re not going to write a blank check to Ukraine»

«But under the US Constitution, it is normally Congress, not the president, which controls the nation’s purse strings, so any future aid for Ukraine will have to be approved by both houses of Congress. Under Republicans, not another penny will go to Ukraine,” with Rep. Matt Gaetz of Florida also suggesting aid will be cut off altogether. Just after the war began, in March, just 6% of Republicans said the US was doing too much to help Ukraine, but now nearly half do, 48%. future US Congress controlled by Republicans cutting off military aid to the besieged Eastern European nation.»

* * * * * * *


US midterm elections set to shape future of Washington’s support for Ukraine

Comments from White House, Republicans illustrate political divide in Washington as crucial voting begins on Tuesday. 08.11.2022.

                         ISTANBUL

US support for Ukraine amid Russia’s “special military operation” has been pivotal in Kyiv’s resisting missile and drone strikes by Moscow on its critical infrastructure, and in Ukrainian efforts to liberate its Russian-controlled territories.

Most recently, on Friday, the US announced a new $400 million military aid package for Ukraine, including funding to refurbish HAWK air defense missiles for future transfers to Ukraine, 45 refurbished T-72B tanks, and 1,100 Phoenix Ghost drones.

Ukrainian President Volodymyr Zelenskyy thanked US President Joe Biden for the latest round of assistance, pointing in particular to the supply of armored vehicles, which he said will “help us liberate Ukrainian land.”

With the latest funding, US military aid to Ukraine under the Biden administration has reached more than $18.9 billion, with the lion’s share coming after this Feb. 24, when Russia began its war on its neighbor.

But the results of Tuesday’s US midterm elections may change Washington’s approach on Kyiv, with many polls predicting control of the US Congress shifting to Republicans, a party whose support for Ukraine is less steadfast than the Democrats, who control the chambers now.

                         Top Republican stresses no ‘blank check’

Kevin McCarthy, the top Republican in the House of Representatives, said his party will not write a “blank check” for Ukraine if they win back the House majority.

“I think people are gonna be sitting in a recession and they’re not going to write a blank check to Ukraine,” McCarthy, the House minority leader, was quoted as telling Punchbowl News, using the phrase “blank check” at least three times.

White House Press Secretary Karine Jean-Pierre brushed off a question on McCarthy’s statement but underlined Biden’s “unflinching and unwavering” support, which was also reiterated during US National Security Advisor Jake Sullivan’s visit to Ukraine on Friday.

But under the US Constitution, it is normally Congress, not the president, which controls the nation’s purse strings, so any future aid for Ukraine will have to be approved by both houses of Congress.

Online outlet Politico reported last month that if the Republicans win one or both houses of Congress on Tuesday, future military aid to Ukraine “may be caught up in Republican infighting over federal spending that’s emerged in recent months.”

Republican firebrand House member Marjorie Taylor Greene has said, “Under Republicans, not another penny will go to Ukraine,” with Rep. Matt Gaetz of Florida also suggesting aid will be cut off altogether.

This thinking also seems to fall in line with the preferences of Republican voters. Just after the war began, in March, just 6% of Republicans said the US was doing too much to help Ukraine, but now nearly half do, 48%. Former President Donald Trump, the Republicans’ de facto leader, has at times expressed admiration for President Vladimir Putin’s war on Ukraine, and was himself reluctant to supply arms to Ukraine to defend itself.

The statements by McCarthy and his House colleagues have made the rounds of US and global media outlets on how the midterm elections could impact Washington’s future support to Ukraine, showing a stark divide among US politicians and their parties.

                         Push for negotiations between Kyiv, Moscow

Elsewhere, Western media outlets have claimed there are US efforts to convince Ukraine to hold talks with Russia.

According to a Washington Post report on Saturday, the US privately told Ukraine to be open to talks with Russia, asking officials in Kyiv to abandon peace talks conditioned to Putin’s removal from office.

Last month, Zelenskyy signed a decree that declared Russia’s annexation of parts of Ukraine null and void and also signed another decree on Sept. 30 that stated the “impossibility of negotiations” with Putin.

But on Tuesday, in a video address at the UN climate change conference COP27, Zelenskyy set out conditions for talks with Russia, including calling on Moscow to comply with the UN Charter and pay compensation for losses caused by the ongoing war.

The address, which also reiterated Zelenskyy’s calls for the restoration of Ukraine’s territorial integrity, the punishment of every war criminal, and guarantees that this will not happen again, may suggest a change in Ukrainian policy, possibly pushed by a future US Congress controlled by Republicans cutting off military aid to the besieged Eastern European nation.

Pubblicato in: Banche Centrali, Devoluzione socialismo, Materie Prime, Stati Uniti

Usa. Benzina. Costi alla pompa negli stati critici per midterm.

Sandro Mela.

2022-11-05.

Caravaggio. Davide con la testa di Golia (Caravaggio Vienna). 1607. Kunsthistorisches Museum, Vienna.

                         Dopo quasi 100 giorni consecutivi di calo dei prezzi del gas, nelle ultime settimane il costo del carburante ha subito un’impennata.

                         Questa volta, l’aumento dei prezzi coincide con le elezioni di midterm – e la tendenza potrebbe determinare quale partito otterrà il controllo del Congresso. Da quando l’aumento dei prezzi ha preso piede due settimane fa, quando l’OPEC+ ha annunciato un taglio della produzione di petrolio, la disapprovazione del Presidente Joe Biden è aumentata di 1.1 punti percentuali. Ma il prezzo del gas – e il suo recente movimento – varia notevolmente negli Stati chiave per le elezioni di metà mandato. In alcuni Stati, come il New Hampshire e la Pennsylvania, i prezzi sono aumentati appena o addirittura diminuiti nell’ultimo mese.

                         In Arizona, uno Stato in bilico che ospita gare molto combattute per il governatore e il Senato, il prezzo di un gallone di benzina è di 4.40 dollari, una cifra superiore del 15% circa alla media nazionale di 3.82 dollari. Ora, nel tentativo disperato di salvare le elezioni di metà mandato, stanno sperperando la nostra riserva strategica.

                         In Wisconsin, dove una corsa al Senato ad alto rischio potrebbe determinare il partito che detiene la Camera, il prezzo di un gallone di benzina è di 3.67 dollari. Pur essendo inferiore alla media nazionale, questo prezzo riflette una recente impennata di oltre il 5% nell’ultimo mese.

                         Un altro Stato chiave è l’Ohio, dove la corsa al Senato vede contrapposti lo scrittore e venture capitalist J.D. Vance, repubblicano, e il deputato democratico Tim Ryan. Il prezzo della benzina in Ohio è di 3.71 dollari, quasi 10 centesimi al di sotto della media nazionale. Ma il prezzo è aumentato di circa il 7% nell’ultimo mese.

                         La California, lo Stato con i prezzi del gas più alti, potrebbe determinare quale partito manterrà il controllo della Camera dei Rappresentanti. Lo Stato ospita tre competizioni per la Camera dei Deputati. Il prezzo della benzina in California è di 5.83 dollari al gallone, circa il 52% in più rispetto alla media nazionale. Il prezzo è aumentato di quasi l’8% nell’ultimo mese. Abbiamo bisogno di una politica di energia rinnovabile che non faccia pagare il conto alle persone che meno possono permettersi di pagarlo.

* * * * * * *

«After nearly 100 consecutive days of falling gas prices, fuel costs have spiked in recent weeks.

This time, the price increase coincides with the lead up to the midterm elections – and the trend could determine which party gains control of Congress. Since the increase in prices took hold two weeks ago, when OPEC+ announced a cut in oil output, disapproval of President Joe Biden has risen 1.1 percentage points. But the price of gas – and the recent movement of that price – varies dramatically across key midterm states. In some states, like New Hampshire and Pennsylvania, prices have barely increased or even fallen over the last month.»

«In Arizona, a swing state host to highly contested races for governor and Senate, the price of a gallon of gas stands at $4.40 – a figure roughly 15% higher than the national average of $3.82. Now in a desperate bid to try to save the midterms they’re squandering our strategic reserve»

«In Wisconsin, where a high-stakes Senate race could determine which party holds the chamber, the price of a gallon of gas stands at $3.67. While that price falls below the national average, it reflects a recent surge of more than 5% over the past month.»

«Another key battleground state is Ohio, where a close Senate race features author and venture capitalist J.D. Vance, a Republican, and Democratic Rep. Tim Ryan. Gas prices in Ohio stand at $3.71, nearly 10 cents below the national average. But the price has jumped about 7% over the last month.»

California, the state with the highest gas prices, could determine which party retains control of the House of Representatives. The state plays host to three toss-up House races. Gas prices in California stand at $5.83 per gallon, which puts the price about 52% higher than the national average. That price has spiked nearly 8% over the past month. We need to have a renewable energy policy that actually doesn’t balance its book on the folks who can least afford to pay the bill»

* * * * * * *


Rising gas prices could shape the midterms: Here’s where fuel costs stand in key states.

After nearly 100 consecutive days of falling gas prices, fuel costs have spiked in recent weeks.

This time, the price increase coincides with the lead up to the midterm elections – and the trend could determine which party gains control of Congress.

The approval rating of President Joe Biden – an indicator of Democrat’s election prospects – has tracked closely with gas prices. In conjunction with a monthslong fall in prices from their summer peak, Biden’s approval surged.

Since the increase in prices took hold two weeks ago, when OPEC+ announced a cut in oil output, disapproval of President Joe Biden has risen 1.1 percentage points, according to FiveThirtyEight.

On Wednesday, Biden announced moves that aim to address the oil supply shortage behind the cost spike, including a scheduled release of millions of barrels of oil from the nation’s Strategic Petroleum Reserve, or SPR.

But the price of gas – and the recent movement of that price – varies dramatically across key midterm states. In some states, like New Hampshire and Pennsylvania, prices have barely increased or even fallen over the last month.

Here’s a look at the key midterm states where gas prices have spiked significantly in recent weeks, and what candidates are saying about the rising costs:

                         Arizona

In Arizona, a swing state host to highly contested races for governor and Senate, the price of a gallon of gas stands at $4.40 – a figure roughly 15% higher than the national average of $3.82, according to AAA. Moreover, the price of gas in Arizona has risen more than 8% over the past month.

Blake Masters, a Republican candidate for Senate, condemned the gas price spike on Wednesday in a tweet critical of his opponent, incumbent Democrat Mark Kelly, as well as Biden.

“Now in a desperate bid to try to save the midterms they’re squandering our strategic reserve,” Masters said. Biden retains sole authority over releases from the SPR, which currently stands at 57% capacity, according to the Energy Information Administration, or EIA.

Kelly, meanwhile, acknowledged the elevated prices last week, citing a general supply bottleneck. “From groceries to the gas we pump into our cars, it feels like everything is too expensive right now,” he said. “I’m working in the Senate to fix our supply chains and bring down costs for Arizona’s working families.”

                         Wisconsin

In Wisconsin, where a high-stakes Senate race could determine which party holds the chamber, the price of a gallon of gas stands at $3.67, AAA data showed. While that price falls below the national average, it reflects a recent surge of more than 5% over the past month.

Republican incumbent Senator Ron Johnson, first elected in 2010, has attributed the high gas prices to spending increases and environmentally friendly initiatives supported by Democrats.

Earlier this month, Johnson said: “Make no mistake, this is the result of Democrats’ reckless deficit spending and radical green energy policies.”

To address the gas prices, Democratic candidate Mandela Barnes, the state’s Lieutenant Governor, says on his campaign website he would end government subsidies for oil and gas companies, which he claims have enabled high profits.

                         Ohio

Another key battleground state is Ohio, where a close Senate race features author and venture capitalist J.D. Vance, a Republican, and Democratic Rep. Tim Ryan.

Gas prices in Ohio stand at $3.71, nearly 10 cents below the national average. AAA data showed. But the price has jumped about 7% over the last month.

In a debate between the two Senate candidates, on Monday, Vance faulted the Biden administration and Congressional Democrats for impeding investment in the U.S. energy sector that could increase oil output and bring down prices.

“That rising energy price that people see at the pump, that people see in your utility bills, that our farmers see when they’re paying more for diesel,” Vance said. “That was the direct result of policies enacted by Joe Biden and Nancy Pelosi and supported 100% by Tim Ryan.”

Oil production in the U.S. last year was nearly identical to that seen over the final year of the Trump administration, in 2020, and greater than the amount produced in 2017 or 2018, according to data from the EIA.

Ryan, meanwhile, cited his vote for the Inflation Reduction Act, which is projected to cut the deficit over a 10-year period and slightly reduce inflation, according to the Wharton School of Business at Pennsylvania University.

To provide short term cost relief, Ryan called for a tax cut for working families that would ease the pain imposed by higher prices. “This is an opportunity for us to put more money in people’s pockets,” he said at the debate.

                         California

California, the state with the highest gas prices, could determine which party retains control of the House of Representatives. The state plays host to three toss-up House races, according to the Cook Political Report.

Gas prices in California stand at $5.83 per gallon, which puts the price about 52% higher than the national average, according to AAA data. That price has spiked nearly 8% over the past month.

In one of the toss-up House races, the Oakland-area 13th district, two challengers seek a seat left open by the retirement of longtime Democratic Representative Barbara Lee.

Adam Gray, a Democratic state assembly member running for the seat, faulted California’s tax credit system, which he said in a debate last month offers a tax break for wealthy Tesla purchasers but leaves working-class people straining to afford high gas prices.

“We need to have a renewable energy policy that actually doesn’t balance its book on the folks who can least afford to pay the bill,” he said.

On the other hand, Republican candidate John Duarte, a farmer, blamed the high gas prices on environment-friendly Democratic policies that he says have limited oil supply.

“We need to develop domestic energy as a matter of opportunity and affordability for families,” he said at the debate.

Pubblicato in: Banche Centrali, Devoluzione socialismo, Materie Prime, Russia

Russia. Spedizioni di LNG ai massimi livelli. Buio, gelo e fame sono ottimi consiglieri.

Giuseppe Sandro Mela.

2022-11-04.

2022-11-04__ Russian liquefied natural gas shipments 001

                         Le spedizioni di gas naturale liquefatto dalla Russia sono aumentate in ottobre fino a raggiungere quasi un record, illustrando come il mondo stia lottando per ridurre la sua dipendenza dal principale fornitore in vista dell’inverno.

                         Le esportazioni di GNL dalla Russia sono aumentate dell’1.1% su base annua in ottobre, raggiungendo il livello più alto da marzo, secondo i dati di monitoraggio delle navi compilati da Bloomberg dal 2016. Questo dato è in netto contrasto con il crollo dei flussi dei gasdotti verso l’Europa a seguito del deterioramento delle relazioni tra l’Occidente e il Cremlino per l’invasione dell’Ucraina a febbraio.

                         Sebbene quasi la metà del gas trasportato via nave sia ancora in transito, i primi paesi importatori sono stati Francia, Cina e Giappone, secondo i dati. Al momento non ci sono sanzioni dirette sul GNL russo, ma l’aumento delle esportazioni dimostra come ci sia ancora una forte domanda di questo combustibile in vista dell’inverno, quando si prevede che il freddo aumenterà i consumi e restringerà l’offerta globale.

                         Alcune aziende e governi si stanno muovendo per bloccare ulteriori acquisti o interrompere del tutto le forniture dalla Russia. Il Regno Unito non ha importato il carburante super refrigerato dalla Russia dall’inizio della guerra a febbraio e lo vieterà formalmente da gennaio.

                         Nel frattempo, gli acquirenti in Cina hanno aumentato gli acquisti di GNL russo per approfittare di uno sconto sul mercato spot, secondo gli operatori.

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Russia’s Near-Record LNG Shipments Show World’s Struggle to Cut Reliance

(Bloomberg) — Russian liquefied natural gas shipments increased in October to nearly a record, illustrating how the world is struggling to curb its dependence on the major supplier ahead of winter.

LNG exports from Russia rose 1.1% year on year in October to the highest level since March, according to ship-tracking data compiled by Bloomberg since 2016. That is in stark contrast to plummeting pipeline flows to Europe following the deterioration of relations between the West and the Kremlin over its invasion of Ukraine in February.

While almost half of the shipborne gas is still in transit, the top importing nations were France, China and Japan, the data showed. There currently aren’t any direct sanctions on Russian LNG, but the rise in exports shows how there is still strong demand for the fuel in preparation for winter, when cold weather is expected to boost consumption and tighten global supply.

Some utilities and governments are moving to halt additional purchases or stop deliveries from Russia altogether. The UK hasn’t imported the super-chilled fuel from Russia since the war started in February, and will formally ban it from January. 

Meanwhile, buyers in China increased purchases of Russian LNG to take advantage of a discount to the spot market, according to traders.

Pubblicato in: Banche Centrali, Devoluzione socialismo, Geopolitica Europea, Problemia Energetici

Finlandia. L’Inverno si avvicina ed il blackout energetico sarà la norma.

Giuseppe Sandro Mela.

2022-11-03.

2022-10-30__ Finlandia 001

                         Nel cuore dell’inverno, la Finlandia può essere un luogo miserabile. Le temperature scendono spesso sotto i -20°C e, nei mesi più bui dell’anno, Helsinki riceve meno di sei ore di luce al giorno. Per combattere gli elementi, la Finlandia è diventata l’economia più energivora dell’UE. Ma con l’avvicinarsi dell’inverno, il Paese si sta preparando ad affrontare i blackout programmati in risposta ai tagli energetici russi. Sebbene l’energia russa rappresenti solo una piccola parte dell’approvvigionamento totale della Finlandia, la sua perdita rischia di avere un impatto enorme e i finlandesi sono costretti a scegliere tra opzioni sbagliate.

                         Se le interruzioni programmate non dovessero avere luogo, ha dichiarato Arto Pahkin, responsabile delle operazioni di rete presso la Fingrid Oyj, che sovrintende alla rete elettrica del Paese, si verificherebbe un’interruzione nazionale su larga scala e la gente potrebbe morire. La Finlandia è al centro della crisi energetica europea. A maggio, la Russia ha interrotto la vendita di elettricità e gas al Paese come evidente ritorsione per la sua opposizione alla guerra in Ucraina e per la decisione di aderire alla NATO. Mentre i Paesi della regione si preparano ad affrontare un inverno difficile, la Finlandia è particolarmente a rischio, poiché una perdita di energia potrebbe esporre i residenti a condizioni minacciose nel giro di poche ore.

                         Tuttavia, un po’ di sollievo potrebbe arrivare nei prossimi mesi, quando il piccolo Paese nordico metterà finalmente in funzione il più grande reattore nucleare d’Europa, dopo un ritardo di quasi 14 anni. Fino ad allora, i finlandesi stanno facendo scorta di legna da ardere, stufe a gas e generatori diesel, e stanno prendendo in mano la situazione riducendo l’uso dell’elettricità. Ha fatto scorta di cibo, preferendo le tortillas e i taco alla pasta e al riso. Ho un sacco a pelo che può tenermi al caldo fino a -20°C, ha aggiunto. Lo tirerò fuori se ne avrò bisogno.

* * * * * * *

«In the dead of winter, Finland can be a miserable place. Temperatures often dip below -20C, and in the darkest months of the year, Helsinki gets less than six hours of light a day. To fight the elements, Finland has become the most energy-intensive economy in the EU. But with winter approaching, the country is bracing for rolling blackouts, planned in response to Russian energy cuts. Although Russian energy only made up a small fraction of Finland’s total supply, its loss threatens to have a huge impact, and Finns are being forced to choose between bad options.»

«If the planned outages don’t take place, said Arto Pahkin, a network operations manager at Fingrid Oyj, which oversees the country’s electricity grid, there would a national large-scale disruption and people could die. Finland is at the sharp end of Europe’s energy crisis. In May, Russia stopped selling the country electricity and gas as evident retaliation for its opposition to the war in Ukraine and decision to join NATO. While countries across the region are bracing for a difficult winter, Finland is especially at risk as a loss of energy could expose residents to threatening conditions in a matter of hours»

«Some relief could come in the next few months, however, when the small Nordic country finally brings Europe’s biggest nuclear reactor into regular use after an almost 14-year delay. Until then, Finns are stocking up on firewood, gas heaters and diesel generators, and taking matters into their own hands by reducing electricity use. She’s stocked up on food, opting for tortillas and taco fillings over pasta and rice. I have a sleeping bag that can keep me warm to -20C,” she added. I’ll pull that out if I need to.»

* * * * * * *


Darkest Days of Winter Have Finland Bracing for Blackouts

Authorities have warned Nordic country may see rolling outages

End of Russian power imports have made Finland more vulnerable

* * * * * * *

In the dead of winter, Finland can be a miserable place. Temperatures often dip below -20C, and in the darkest months of the year, Helsinki gets less than six hours of light a day. 

To fight the elements, Finland has become the most energy-intensive economy in the EU. But with winter approaching, the country is bracing for rolling blackouts, planned in response to Russian energy cuts. Although Russian energy only made up a small fraction of Finland’s total supply, its loss threatens to have a huge impact, and Finns are being forced to choose between bad options.  

If the planned outages don’t take place, said Arto Pahkin, a network operations manager at Fingrid Oyj, which oversees the country’s electricity grid, there would a national large-scale disruption and “people could die.” 

Finland is at the sharp end of Europe’s energy crisis. In May, Russia stopped selling the country electricity and gas as evident retaliation for its opposition to the war in Ukraine and decision to join NATO. While countries across the region are bracing for a difficult winter, Finland is especially at risk as a loss of energy could expose residents to threatening conditions in a matter of hours. 

At the same time, perhaps no country is better prepared to deal with the consequences if the power stays off.

For years, the defense ministry has published booklets about what to do in the event of a power failure, advising people to keep battery-operated radios at home, along with enough food, water and medical supplies to last 72 hours. Even before the war in Ukraine, an estimated third of Finnish citizens had these supplies on hand. 

Mervi Pirttikoski-Takala, an accountant who lives in the Helsinki metropolitan area, said she is already cutting back on electricity use by turning off her underfloor heating when it isn’t needed.

“We have added extra carpets on the floors and purchased flashlights,” said the 53-year-old, noting that the cold is “a small trouble” compared to what Ukrainians are going through. 

What’s happening now is the culmination of years of planning. In September 2014, officials cut power to 70,000 people in the Arctic town of Rovaniemi to see how an abrupt, large-scale power failures would play out in real life. The exercise was designed to let authorities practice a so-called blackstart, in which the power system is brought back up without any help from imported energy. According to Pahkin, who participated in the activity, it was a wake-up call, prompting authorities to overhaul their approach.  

Had that not happened, “we’d be in dire straits,” he said. Training exercises have been regularly scheduled ever since, with the most recent held this September in Helsinki.

While Finland hasn’t experienced a blackout stemming from a national grid failure since 1974, the threat remains present if imports can’t be secured. Unlike neighbors Sweden and Norway, which enjoy plentiful hydro-power reserves, Finland has few domestic energy resources, buys almost all of its fossil energy, and relies on imports to cover shortfalls. Some relief could come in the next few months, however, when the small Nordic country finally brings Europe’s biggest nuclear reactor into regular use after an almost 14-year delay. 

Until then, Finns are stocking up on firewood, gas heaters and diesel generators, and taking matters into their own hands by reducing electricity use. In addition to asking people to lower indoor temperatures, take shorter showers and use more public transportation, the government has adopted its own energy-saving initiatives, which include shortening the hours of the parliament’s in-house sauna.    

The attitude of Marja Lyhty, a 52-year-old former peacekeeper, captures the blend of resignation and resourcefulness that has come to characterize the Finnish approach. She’s stocked up on food, opting for tortillas and taco fillings over pasta and rice.

“I have a sleeping bag that can keep me warm to -20C,” she added. “I’ll pull that out if I need to.”

Pubblicato in: Banche Centrali, Devoluzione socialismo, Finanza e Sistema Bancario

Egitto. Ha aumentato i tassi di interesse di 200 punti base.

Giuseppe Sandro Mela.

2022-11-02.

2022-11-03__ Egitto 001

                         La mossa dell’Egitto di aumentare i tassi di interesse è un passo nella giusta direzione e un tasso di cambio flessibile aiuterà a proteggere la sua economia dagli shock in un momento di inasprimento delle condizioni finanziarie globali. Le autorità egiziane si sono impegnate a garantire un tasso di cambio flessibile e duraturo in concomitanza con un accordo a livello di staff per una linea di credito allargata del FMI da 3 miliardi di dollari. La banca centrale ha anche aumentato i tassi di interesse di 200 punti base in una riunione fuori dal ciclo.

                         L’Egitto sta lottando per far fronte all’impatto della guerra in Ucraina, che ha portato a un rapido deflusso degli investimenti di portafoglio, a un aumento delle importazioni di materie prime e a un calo delle entrate del turismo. L’accordo dovrebbe catalizzare un ampio pacchetto di finanziamenti pluriennali, tra cui circa 5 miliardi di dollari nell’anno fiscale che termina a giugno 2023, a testimonianza dell’ampio sostegno internazionale e regionale all’Egitto. Sì e alcune autorità del Golfo hanno già rilasciato dichiarazioni a sostegno del programma. Ha detto che i 5 miliardi di dollari per l’anno fiscale 2022-23 si aggiungeranno all’estensione dei depositi degli Stati del Golfo nella banca centrale egiziana.

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«Egypt’s move to raise interest rates is a step in the right direction and a flexible exchange rate will help protect its economy from shocks at a time of tightening global financial conditions. Egyptian authorities pledged a durably flexible exchange rate in conjunction with a staff-level agreement for a $3 billion IMF extended fund facility. The central bank also raised interest rates by 200 basis points in an out-of-cycle meeting.»

«Egypt has been struggling to cope with the impact of the war in Ukraine, which led to rapid outflows of portfolio investments, a hike in the commodity import bill and a drop in tourism revenues. It said the deal was expected to catalyst a large, multi-year financing package, including about $5 billion in the fiscal year ending June 2023, reflecting broad international and regional support for Egypt. Yes and some of the Gulf authorities already issued statements in support of the programme. He said the $5 billion for FY2022-23 would be in addition to the extension of Gulf states’ deposits in Egypt’s central bank.»

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Egypt interest rate hike step in right direction, IMF official says

Dubai, Oct 31 (Reuters) – Egypt’s move to raise interest rates is a step in the right direction and a flexible exchange rate will help protect its economy from shocks at a time of tightening global financial conditions, an International Monetary Fund official said.

Egyptian authorities pledged a “durably flexible” exchange rate in conjunction with a staff-level agreement for a $3 billion IMF extended fund facility. The central bank also raised interest rates by 200 basis points in an out-of-cycle meeting.

“The measures that the central bank took last week in hiking interest rates. ..goes in the right direction. It’s very important to control inflation,” the director of the IMF’s Middle East and Central Asia Department, Jihad Azour, told Reuters.

Egypt has been struggling to cope with the impact of the war in Ukraine, which led to rapid outflows of portfolio investments, a hike in the commodity import bill and a drop in tourism revenues.

The IMF, in a statement on Thursday confirming a staff-level agreement on a $3 billion, 46-month Extended Fund Facility, said a flexible exchange rate regime should be “a cornerstone policy” for rebuilding and safeguarding Egypt’s external resilience.

It said the deal was expected to catalyst a large, multi-year financing package, including about $5 billion in the fiscal year ending June 2023, reflecting “broad international and regional support for Egypt”.

Asked if there were assurances on assistance from wealthy Gulf states, Azour said: “Yes and some of the Gulf authorities already issued statements in support of the programme”. He said the $5 billion for FY2022-23 would be in addition to the extension of Gulf states’ deposits in Egypt’s central bank.

Any steps by Egypt that increase the level of predictability and bring confidence back is welcomed and allows Egypt to cover its financing needs, he said.

“We see that through these programmes there are enough financing assurances in order to cover their (Egypt’s) external financing needs,” he added.

Pubblicato in: Agricoltura, Banche Centrali, Cina

Cambogia. Aggiunge il longan alle esportazioni agricole in Cina.

Giuseppe Sandro Mela.

2022-11-01.

Cambogia 004

«Longan. The small, one-seeded, greenish-brown fruit of a large evergreen tree, Euphoria longana, of the soapberry family, native to China and allied to the litchi.»

«Longan. Frutto piccolo, a seme unico, di colore marrone-verdastro, di un grande albero sempreverde, Euphoria longana, della famiglia delle saponarie, originario della Cina ed imparentato con il litchi» [Fonte]

Cambogia. La Cina costruirà un nuovo porto idoneo ad attracchi militari. Usa furiosi.

Cambogia. 2021. Pil anno su anno stimato al 7.1%.

Cambogia. Si rivolge alla Cina e demolisce le basi navali Usa.

Cambogia. Una economia sana coinvolta nel calo della domanda globale.

Mekong. Dighe ed investimenti strategici cinesi.

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«Key Findings.

    Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of COVID-19-related restrictions.

    Negative impacts of the oil price shock are amplified by Cambodia’s already large external imbalances.

    Rising global energy and food prices are fueling higher inflation, and in Cambodia, poor and vulnerable households with limited savings are likely to bear the brunt of the oil price shock.

    Meanwhile, the “living with COVID-19” strategy has enabled a reopening of the economy since late last year.

    Cambodia’s economy will grow by 4.5 percent in 2022 but the road ahead remains unclear.

    The fiscal deficit is expected to widen to 6.3 percent of GDP, as the government will need to continue spending programs to support the poor.

    Over the medium term, the economy is expected to grow at around 6 percent annually, with the new investment law, together with free trade agreements, helping to boost investment and trade.»

[Fonte]

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                         Giovedì la Cambogia ha avviato l’esportazione di longan in Cina, segnando un’altra fruttuosa cooperazione nel settore agricolo tra i due Paesi. Il ministro cambogiano dell’Agricoltura, delle Foreste e della Pesca Dith Tina e l’ambasciatore cinese in Cambogia Wang Wentian hanno partecipato alla cerimonia di lancio. Durante l’evento, Tina ha dichiarato che la cooperazione pratica nel settore agricolo ha promosso lo sviluppo delle relazioni amichevoli tra Cambogia e Cina e che le relazioni amichevoli tra i due Paesi hanno anche fornito un buon spazio di sviluppo per la loro cooperazione agricola.

                         Dal 2019 alla fine di giugno 2022, la Cambogia ha esportato in Cina un totale di 2.4 milioni di tonnellate di prodotti agricoli, per un valore totale delle esportazioni di 1.942 miliardi di dollari. Il ministro ha dichiarato che la Cina è stata il principale mercato di esportazione del riso cambogiano per diversi anni e che dal 2019 la Cambogia ha ottenuto l’autorizzazione a esportare in Cina banane, mango, pesce Basa, mais e longan, uno dopo l’altro. Tina e Wang hanno rilasciato congiuntamente le licenze a otto impianti di confezionamento cambogiani per l’esportazione di longan in Cina.

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«Cambodia on Thursday launched longan exportation to China, marking another fruitful cooperation in the agricultural sector between the two countries. Cambodian Minister of Agriculture, Forestry and Fisheries Dith Tina and Chinese Ambassador to Cambodia Wang Wentian attended the launching ceremony here. Peaking at the event, Tina said practical cooperation in agriculture has promoted the development of Cambodia-China friendly relations, and friendly relations between the two countries have also provided good development space for their agricultural cooperation.»

«From 2019 to the end of June 2022, Cambodia exported a total of 2.4 million tons of agricultural products to China, with a total export value of 1.942 billion U.S. dollars. The minister said China has been the largest export market for Cambodian rice for several years, and since 2019, Cambodia has been approved to export bananas, mangoes, Basa fish, corn and longan to China one after another. Tina and Wang jointly issued licences to eight Cambodian packaging plants for exporting longan to China.»

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Cambodia launches longan exports to China

Phnom Penh, Oct. 27 (Xinhua) — Cambodia on Thursday launched longan exportation to China, marking another fruitful cooperation in the agricultural sector between the two countries.

Cambodian Minister of Agriculture, Forestry and Fisheries Dith Tina and Chinese Ambassador to Cambodia Wang Wentian attended the launching ceremony here.

Speaking at the event, Tina said practical cooperation in agriculture has promoted the development of Cambodia-China friendly relations, and friendly relations between the two countries have also provided good development space for their agricultural cooperation.

“From 2019 to the end of June 2022, Cambodia exported a total of 2.4 million tons of agricultural products to China, with a total export value of 1.942 billion U.S. dollars,” he said.

The minister said China has been the largest export market for Cambodian rice for several years, and since 2019, Cambodia has been approved to export bananas, mangoes, Basa fish, corn and longan to China one after another.

“At present, the two sides are speeding up the export of Cambodian pepper, wild aquatic products, edible aquatic animals, bird’s nest, coconuts, etc. to China,” he said.

It is believed that more Cambodian agricultural products will be allowed to be exported to China in the future for the benefit of the two peoples, Tina said.

Meanwhile, Wang said that in recent years, under the care of the leaders of the two countries, agricultural cooperation between China and Cambodia has shown great vigor.

In April, the agricultural ministries of the two countries held the second meeting of the China-Cambodia Steering Committee on Agricultural Cooperation, which clarified the key direction of agricultural cooperation between the two sides in the future, he said.

The agricultural development planning project aided by China in Cambodia also started to be implemented, he said.

The ambassador said cooperation between the two countries in the field of animal husbandry has also been fruitful. The two sides have reached an agreement on a memorandum of understanding on cooperation in veterinary drugs, veterinary biological products and feed additives.

He added that with the efforts of both sides, Cambodian Basa fish, corn and longan have been successfully approved for export to China this year.

“Today, we witnessed the successful export of Cambodian longan to China. This is another substantive achievement of China-Cambodia agricultural cooperation under the pandemic. It will bring tangible benefits to the two peoples and greatly promote the further development of China-Cambodia friendly relations,” Wang said.

Tina and Wang jointly issued licences to eight Cambodian packaging plants for exporting longan to China. ■