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US Threatens European backers of Nord Stream 2 Pipeline, NATO in DC’s Crosshairs

US Threatens European backers of Nord Stream 2 Pipeline, NATO in DC’s Crosshairs

The Nord Stream 2 pipeline is nearing completion despite all the best efforts by the U.S. to stop its construction, causing a rift between Washington and its largest European ally and the potential end of NATO.

The U.S. is starting to fret about the imminent completion of the Nord Stream 2 pipeline, the second of two underwater gas pipelines running from the Russian Baltic city of Ust-Luga to Greifswald, Germany, and has begun issuing informal threats of repercussions to companies who are backing the nearly-finished project. 

According to unnamed sources, at least a dozen American officials from three separate departments held video conference calls with European contractors working on the pipeline, while U.S. Secretary of State, Mike Pompeo reportedly warned private European backers of “risk[ing] the consequences” of continuing their support for the key energy infrastructure project.

Several European energy concerns, such as France’s Engie, Germany’s Wintershall Dea and Uniper and Anglo-Dutch Royal Dutch Shell have indirect financial ties to the massive $11.7 billion-dollar underwater oil pipeline being constructed by Russia’s partially state-owned Gazprom, which will double Russia’s oil export capacity to Europe and seriously infringe on Atlanticist designs over the old continent.

Only six percent of the 1,200-mile pipeline remains to be laid in Danish waters, which is stalled due to U.S. sanctions against the European contractors working on that particular stretch. However, Denmark has recently circumvented the sanctions by licensing different vessels, and construction is set to resume by September.

Gazprom CEO, Alexei Miller disregarded claims that U.S. sanctions would stop the project from being completed, and Russian President Vladimir Putin announced that the pipeline would be commissioned before the end of this year. The completion of the Russian pipeline would mean a practical end to the viability of American LNG exports to Europe; a fate the U.S. has been trying to avoid since the project’s beginning in 2012.

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Mexico State Oil Company Files $22 Billion Debt Swap amid IMF Threats and White House Visit

Mexico Economy Feature Photo

THE “NEW NAFTA”

Mexico State Oil Company Files $22 Billion Debt Swap amid IMF Threats and White House Visit

Mexico’s economy is put in the crosshairs by the IMF as the “new NAFTA” takes effect and AMLO is forced to make concessions to avoid an even deeper recession.

Mexico’s president, Andres Manuel Lopez Obrador, known colloquially as AMLO, arrived back in his nation’s capital yesterday aboard an American Airlines flight after his first state visit to the United States since taking office in a historic, landslide victory in 2018. The commercial flight included a stopover at Miami International Airport as coronavirus-induced protocols have resulted in the suspension of direct flights in and out of the North American country.

AMLO’s choice of traveling commercial instead of flying on the official presidential airplane is part of a carefully-crafted everyman image he has been cultivating for years since he left the ranks of the once immovable conservative ruling party, the PRI, and joined the left-leaning PRD in the late 1980s. In 2014, Obrador formed a new party called MORENA after having served as Mexico City’s mayor for four years and later losing his first bid to become president in 2006.

The Trump White House hosted AMLO on Wednesday, one day after Pemex – the embattled Mexican state-owned petroleum company – announced a $22.4 billion debt swap to mitigate its massive financial liabilities. The swap will be the largest of the recent refinancing operations carried out by the once state-owned company; and while the filing with the U.S. SEC did not specify when the bonds would be issued, the action was intended to alleviate pressure mounting on the oil giant, which Obrador had planned to use as a “pillar” in his strategy to turn the Mexican economy around. Falling oil prices, however, have severely hampered the execution of that idea.

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Mass-Tracking COVI-PASS Immunity Passports Slated to Roll Out in 15 Countries

COVID-19 Feature photo

FOURTH REICH?

Mass-Tracking COVI-PASS Immunity Passports Slated to Roll Out in 15 Countries

COVI-PASS will determine whether you can go to a restaurant, if you need a medical test, or are due for a talking-to by authorities in a post-COVID world. Consent is voluntary, but enforcement will be compulsory.

Through the magic of Internet meme culture, most Millennials will be familiar with the famous opening scene of the 1942 film, “Casablanca,” where two policemen stop a civilian in the “old Moorish section” of Nazi-occupied French Morocco and ask him for his “papers.” The subject is taken away at once after failing to produce the required documents. The cinematic exchange has been used ever since as a popular reference to the ever-encroaching hand of the state, which is now on the verge of attaining a level of control over people’s movements that puts the crude Nazi methods to shame.

A British cybersecurity company, in partnership with several tech firms, is rolling out the COVI-PASS in 15 countries across the world; a “digital health passport” that will contain your COVID-19 test history and other “relevant health information.” According to the company website, the passport’s objective is “to safely return to work” and resume “social interactions” by providing authorities with “up-to-date and authenticated health information.”

These objectives mirror those that Bill Gates has been promoting since the start of the COVID-19 lockdown. In an essay written by Gates in April, the software geek-cum-philanthropist lays out his support for the draconian measures taken in response to the virus and, like an old-timey mob boss, suggests the solutions to this deliberately imposed problem.

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No Stimulus for the Weary: The US is Now Sitting on an Inflation Time Bomb

Coronavirus Inflation Feature Photo

No Stimulus for the Weary: The US is Now Sitting on an Inflation Time Bomb

The White House budget office doesn’t know if the $2.2 Trillion-dollar stimulus package and Trump’s $1,200 stimulus checks might cause an inflationary spiral. But many economists have no doubt it will.

The consequences of the $2.2 trillion stimulus package are being ignored, even by the White House budget office that put it together, admitting that the package had “come together so quickly,” that they had no time “to do the customary modeling of its fiscal impact.” What does appear to have consensus in financial circles is that after this is over central banks will effectively own the governments of the world, including the United States.

When it is all said and done, President Trump’s stimulus checks will carry an inflationary cost many multiples more than their original $1,200 value in the pre-coronavirus economic reality, a reality that probably won’t become apparent until after the election in November. By then the checks will have served their purpose as a political move, not an economic one. When understood from the vantage point of what is in store for the American working classes as we emerge from this red light on main street, Trump’s checks will only add fuel to the inflationary fire just ahead, according to Neal Kimberley, a macroeconomics analyst for the South China Morning Post.Quoth the Raven@QTRResearch

There is an inflationary cost to the Fed printing ~$50,000 per citizen in stimulus.

If you have only received $1,200 you should be asking why you are bearing the inflationary cost for another $48,800 you never got.

Instead of a bailout you’re paying a hidden tax. Speak up.4,266Twitter Ads info and privacy1,383 people are talking about this

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Olduvai IV: Courage
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Olduvai II: Exodus
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