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Can the US Legally Seize Russian Assets? Should It?
Can the US Legally Seize Russian Assets? Should It? Congress’s aid package encourages the president to seize frozen Russian reserves to support Ukraine. But the legality and desirability are both questionable. REPO Act Lets Biden Boost Ukraine The Wall Street Journal writer, Robert B. Zoellick, says REPO Act Lets Biden Boost Ukraine Now that Congress has […]
Russia To Seize $440 Million From JPMorgan
Russia To Seize $440 Million From JPMorgan Seizing assets? Two can play at that game… Just days after Washington voted to authorize the REPO Act – paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks – it appears Moscow has a plan of its own (let’s call it the […]
Kazakhstan’s Oil Flows to Germany Threatened as Russia Demands Transit Fees
Kazakhstan’s Oil Flows to Germany Threatened as Russia Demands Transit Fees Russian pipeline operator Transneft has warned Kazakhstan’s oil companies that ship crude to Germany via Transneft’s Druzhba pipeline that the customers of the Kazakh firms have until June to pay for metering services or risk a halt to supplies, trading sources told Reuters on Thursday. In […]
Congress Just Supercharged the Dollar’s Downfall
Congress Just Supercharged the Dollar’s Downfall Confiscation, Weaponization, and De-Dollarization “The dollar’s role as the world’s primary reserve currency is a boon for the United States but a bane for the rest of the world.” ~ Barry Eichengreen The U.S. Senate has predictably voted to give $95 billion to Ukraine, Israel, and Taiwan, just three […]
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone attacks on Russian oil refineries. Biden’s top officials have pleaded with Kyiv to stop attacks on Russia’s energy infrastructure because of the fears that turmoil in […]
EU Prepares to Tighten Screws on Russian LNG Imports
EU Prepares to Tighten Screws on Russian LNG Imports In a move that could reshape Europe’s energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and […]
UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia
UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia Just as President Biden was signing into effect the newly approved foreign defense package which includes $60 billion for Ukraine, the United Kingdom also rolled out its own massive aid package (though paling in comparison), first unveiled Tuesday. Britain announced its single largest aid […]
Ukraine War Funding and Failed Russian Sanctions. Is the US Empire Shooting Itself in the Foot?
Ukraine War Funding and Failed Russian Sanctions. Is the US Empire Shooting Itself in the Foot? *** This past weekend, April 20, 2024 the US House of Representatives passed a bill to provide Ukraine with another $61 billion in aid. The measure will quickly pass the Senate and be signed into law by Biden within days. […]
Russia warns the world is on the brink of a ‘direct military clash’ between nuclear powers
Russia warns the world is on the brink of a ‘direct military clash’ between nuclear powers Russia warned Monday that the risk of a “direct military clash” between Russia and nuclear powers in the West is rising. “Westerners are dangerously balancing on the brink of a direct military clash between nuclear powers, which is fraught […]
Russian Refineries Install Nets as Protection From Drone Attacks
Russian Refineries Install Nets as Protection From Drone Attacks Russian oil company Bashneft, part of state-controlled giant Rosneft, has installed metal mesh at its refineries to protect them from drone attacks from Ukraine, Russian media reported on Friday, quoting Radiy Khabirov, the head of the Bashkortostan region where Bashneft is based. “We don’t stop there. There are […]
Flooding in Central Asia and southern Russia kills scores and forces tens of thousands to evacuate to higher ground
Flooding in Central Asia and southern Russia kills scores and forces tens of thousands to evacuate to higher ground Unusually heavy seasonal rains have left a vast swath of southern Russia and Central Asia reeling from floods, with dozens of people dead in Afghanistan and Pakistan and tens of thousands forced to flee their homes in […]
U.S. Funds Ukraine Groups Censoring Critics, Smearing Pro-Peace Voices
U.S. Funds Ukraine Groups Censoring Critics, Smearing Pro-Peace Voices American taxpayers are footing the bill for Ukrainian NGOs focused on smearing proponents of a diplomatic solution as “Russian disinformation” agents. Ukraine’s American-backed fight against Russia is taking place not only in the blood-soaked trenches of the Donbas region but also on what military planners call […]
‘Devastating to See’: Russia’s Orenburg Region Battles Historic Flood
‘Devastating to See’: Russia’s Orenburg Region Battles Historic Flood Experts say the floods, which have caught the authorities off-guard and left many people to fend for themselves, are just a preview of what is yet to come in the climate crisis. A view of a flood-hit area in the town of Orsk.Yegor Aleyev / TASS […]
