Monday, 13 June 2022
Britain: Gun Ho mentality is making a bad situation worse
Monday, 31 January 2022
Ukraine Crisis or Oil and Gas Casino?
Ukraine Crisis or Oil and Gas Casino
While most people and the mass media seem fixed on events linked to a
mythological invasion, what is happening to oil and gas shares around the
world?
There are all kinds of headlines linked to events in Ukraine, but what
is the reality of it all? Who is really making truckloads of money speculating
in international markets? With the Covid pandemic and the loss of economic
activity, oil and gas prices went down as demand went down. Then suddenly,
economic activity started to pick up and oil and gas prices went up
again.
British newspapers were mentioned that should there be shortages of oil
and gas, Britain would be receiving gas from.... Australia? You only have to
look at mapamundi to see that there is a lot more than meets the eye. Container
ships bringing American fracking gas across the Atlantic? Container ships
bringing in gas all the way from Australia? As some environmental activists
complain about air traffic including the use of private jets, has anybody
stopped to think about the footprint of ships carrying vast amounts of gas and
oil across vast oceans of the world? At what cost? Suddenly, you can forget
about environmental targets because what we are listening about has nothing to
do environmental targets and a lot do with geopolitical objectives and
speculation in world markets.
India and China were a lot more honest when it comes to energy needs and
energy sources. Yes, they will not phase out their production of coal - just to
give an example - and they will continue building up coal energy plants.
Undoubtedly, any talk about shortages and especially shortages due to
geopolitical situations will benefit certain investors. War in Europe? How much
money can we make out of it?
Recently, a very expensive jet fighter went down in Asia. There were the
usual comments about the best American technology falling into Chinese hands
because the jet crash on 'unfriendly waters'. How much did the aircraft cost?
Who cares? There will be another aircraft to replace the one that crashed, and
monies will be made by certain 'investors' that would like to have another war,
another massive war, because wars are money making machines. They could not
care less about human lives lost or ruined.
In more than one way, those who invest in wars are exactly what the drug
cartels are about: quick riches regardless of the thousands upon thousands of
lives lost or ruined. This is the business of war.
The fat cats will continue increasing their fortunes. Their helpers like the authorities of NATO will see their bank accounts grow and grow and they will continue making inflammatory speeches because the more inflammatory their speeches are a major war is ever closer.
Wednesday, 22 September 2021
Johnson/Biden: Trade Deal dead in the water
This was said to be a meeting about climate, but right at the beginning the British Prime Minister indicated that there is not going to be a bilateral trade agreement in the foreseable future.
Reading between lines, I reckon that the beginning was not the best of beginnings, starting with an unilateral American withdrawal that left its NATO partners buffled. After that, came the announcement of a deal regarding nuclear submarines that only benefits the USA despite the fact that UK was the middleman. On top of that, it damaged the relationship with France. A UK politician tried to rest to dimish the importance of the damage caused by saying that in the last ten years Britain and France have coordinated their military with French officers in charge of British units and Britsh officers in charge of French units and so forth. Ten years are ten years, but in politics 24 hours is a lot and much of what has happend regarding AUKUS should not be underestimated.
The rise of energy prices due to a rise of energy consumption will not make choices any easier. If gas prices and oil prices go up, coal is a natural component of the energy mix that cannot be left behind. Joe Biden can talk about financial support to be offered to poorer countries to support towards more environmentally friendly economies, but reality tells you fossil fuels will continue to be the first choice for many for many years to come.
The choice between diesel and nuclear was a logical choice to make. Firstly, it is about not using fossiel fuels and, secondly, it is about operational capabilities. While diesel vessels depend on regular refuelling, nuclear vessels can operate continuously for at least 25 years. The decision was rational, but the way it was implemented created divisions that could have been avoided. The jobs that would have been maintained or created in France will now go to the USA. USA's submarines are all nuclear so it will not be too difficult to produce a few more. In any case, it is expected that the new submarines will become operational by the year 2030, as long as there are no delays. As a British politician explained, this is not about real military capabilities in the short term. The idea is to send a message to China about the determination to prevent a Chinese military escalation in Asia Pacific.
A journalist asked who was more of a priority in terms of talking about US/UK relations: Joe Biden or Kamala Harris? In the USA, people are already talking about the American mid-term elections due to take place in November 2022 when all 435 seats of the House of Representatives and 34 or a 100 seats in the Senate will be up for election. What happens from now until the Mid-Term Elections will determine if Biden ends or does not end as a lame duck President during his first term in office.
Monday, 20 September 2021
China USA: on a collision course leading to war
There are quite a few ongoing conflicts, but we always seem to be looking for yet another disastrous war.
As every war is an economic business and China happens to be the biggest creditor of the USA, waging war against China might seem like a good opportunity to get rid of trillons of dollars of American debt. China is using quite a few US dollars to expand its influence across several continents. This is not just about Made in China. This is also about Made for China by China in Africa, Latin America and elsewhere.
During Trump Presidency, the emphasis was on NATO countries investing more in Defence by beefing up their contributions to NATO. Now, Biden seems to be saying 'forget about NATO, let's do something new'. AUKUS (Australia, UK, US) seems to be a more appropriate of spending US dollars and in the process boot US manufacturing (at least manufacturing of nuclear submarines in the USA. Apparently, all US military submarines are already nuclear so making a few more for Australia would not be so difficult.
The call made by Ursula von der Leyen as President of the European Commission for the EU to take a more robust approach when it comes to its own defenses seems to be part of the new realities. NATO is on the way out - ready to join the Warsaw Pakt), AUKUS is in, and the focus goes from Europe to Asia, where Japan is beginning for a stronger Western response to militarization of the Sea of China.
Ukraine will have to look for a very comfortable armchair to wait for the delivery of Western aid. Forget Middle East, forget Asia Minor, forget Europe. Some strategists in some dark hidden room might be already looking for an excuse to attack China - just in case China does not try to recover Taiwan because Taiwan is China.
The question is: why would China want to fight a war at sea when it has all the advantages of a conflict on the continent and a massive army?
As the big boys focus their attention elsewhere - oh surprise - Argentina has gone for more fighter jets having invested more than 400 million dollars to renew its airforce. Why would Argentina needs a stronger airforce?
As the British are scaling down their military and as the attention goes elsewhere, are they planning to go for a vacation on the South Atlatic islands? During days that the Argentinian President and his vice-President that used to be the Argentinian President (Cristina Fernández de Kirchner) don't seem to be seeing eye to eye, I am sure that refloating the old plans about the Falkland Islands would be a good idea for politics sake.
Monday, 15 April 2019
The Embassy of Ecuador lied saying that Julian Assange was not going to be thrown out days before he was thrown out
To make matters worse, Australia's silence has been deafening and this should serve as a lesson for any Australian citizens who might find themselves in trouble when they are outside Australia. Will Australia protect Australian citizens? Mmmmm..... probably not.
Saturday, 6 April 2019
UN Special Rapporteur indicates that US extradition of Assange would be violation of International Law
UN Special Rapporteur: US extradition of Assange would be violation of international law
By Oscar Grenfell
6 April 2019
Julian Assange

