Category: Putin

Down The Primrose Path

They shall, as a demonstration of their resolve, freeze their own citizens into misery and deprivation.

Europe’s descent into an economic contraction looks to have been confirmed with Russia squeezing natural gas supplies to the region and heavy industry facing tough rationing in the coming months.

Just days after Europeans breathed a sigh of relief as Russian gas giant Gazprom announced it would resume supplies through the Nord Stream 1 pipeline, it then announced Monday that flows would be reduced yet again.

The announcement, with Gazprom saying it would be for maintenance of a turbine along the pipeline, was greeted with incredulity and condemnation in Europe.

Ukraine’s president, Volodymyr Zelenskyy, said the move — which will see flows to Germany fall to 20% of its capacity from an already low level of 40% — was tantamount to a “gas war” with Europe. Germany’s economy minister, Robert Habeck, said the excuse that maintenance was the reason for the supply cut was a “farce.”

It puts Europe in a tricky situation as it contends with rampant inflation, the war in Ukraine and an already troubled supply chain following the Covid-19 pandemic.

Germany, the region’s largest economy and traditional growth driver, has a particular reason to worry. It’s largely reliant on Russian gas and is sliding toward a recession. The government is particularly concerned about how it will keep the lights on over the winter: Habeck said Monday evening that “we have a serious situation. It is time for everyone to understand that,” during an interview with broadcaster ARD.

Play stupid games, win stupid prizes.

Y2Kyoto: Act Of God

Russia’s Gazprom tells European buyers gas supply halt beyond its control

Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow’s invasion of Ukraine.

The Russian state gas monopoly said in a letter dated July 14 that it was retroactively declaring force majeure on supplies from June 14. The news comes as Nord Stream 1, the key pipeline delivering Russian gas to Germany and beyond, is undergoing 10 days of annual maintenance scheduled to conclude on Thursday.

The letter added to fears in Europe that Moscow may not restart the pipeline at the end of the maintenance period in retaliation for sanctions imposed on Russia over the war in Ukraine, heightening an energy crisis that risks tipping the region into recession.

Via Richard Fernandez – “The kindest thing you can say is that the Greens believed their own miscalculation, and in a well meaning way, accidentally made possible war in Europe”.

More: Iran and Gazprom sign deal worth $40 billion.

Quantity has a Quality

Grab a beverage.

Royal United Services Institute- The Return of Industrial Warfare

Currently, the West may not have the industrial capacity to fight a large-scale war. If the US government is planning to once again become the arsenal of democracy, then the existing capabilities of the US military-industrial base and the core assumptions that have driven its development need to be re-examined.

The winner in a prolonged war between two near-peer powers is still based on which side has the strongest industrial base. A country must either have the manufacturing capacity to build massive quantities of ammunition or have other manufacturing industries that can be rapidly converted to ammunition production. Unfortunately, the West no longer seems to have either.

Down The Primrose Path

Zerohedge;

Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency decline in value, but Russia’s ruble has done the exact opposite.

Putin Wants His Xbox

Putin gets his Xbox.

Wall Street Journal- Russia Allows Imports of Apple Watches, Bentleys and Xboxes Via Third Countries

Russia declared on Friday that these goods were exempt from trademark laws. That means sellers won’t be punished for bringing in products, mostly likely through third countries.

The list includes pricey cars such as Bentley, Ferrari, Jaguar, Maybach, Mercedes-Benz and Rolls-Royce, as well as more quotidian brands such as Chevrolet and Honda. Panasonic televisions, Nintendo and Microsoft Xbox game consoles, Fender guitars and Carefee feminine hygiene products may be sold in Russia without fear of repercussions from trademark law, according to the list.

Russian Military Campaign in Ukraine

Via Stephen McIntyre: excellent sit-rep on status of Ukraine war

(It appears “March 4th” is a typo and intended to read May 4th.)

Read the full thread here.

“In effect, this was intellectual and political nihilism”

Mark Wauck: I came across this interesting transcript of a conversation between two fairly well known liberals who dissent from the Zhou regime’s policy of aggression against Russia—Robert Scheer, a journalist, and Michael Brenner, an academic. In essence, Brenner maintains that the root cause of the crisis of Russia and the West is to be found in a crisis of the American soul.

Professor Brenner has been caught in the crosshairs of trying to have a debate about what’s going on in Ukraine, the NATO response, and the Russian invasion. I was reading his blog; I found it very interesting. And then he suddenly said, I’m giving up; you cannot have an intelligent discussion. And his description of what’s going on reminded me of the famous Lillian Hellman description of the McCarthy period as “scoundrel times,” which was the title of her book.ter.

So, Professor Brenner, tell us what buzzsaw you ran into when you dared raise some serious questions about a foreign policy matter.

MB: Yes, it came only partially as a surprise. I’ve been writing these commentaries and distributing them to a personal list of roughly 5,000 for more than a decade. Some of those persons are abroad, most are in the U.S.; they’re all educated people who’ve been involved one way or another with international affairs, including quite a number who have had experience in and around government or journalism or the world of punditry.

What happened on this occasion was that I had expressed highly skeptical views about what I believe is the fictional story line of what has been happening in Ukraine, back over the past year and most pointedly in regard to the acute crisis that has arisen with the Russian invasion and attack on Ukraine. I received not only an unusually large number of critical replies, but it was the nature of them that was deeply dismaying.

This is a good read. Grab a coffee.

Russia’s Ukraine War Plan vs. Biden’s Virtue Signaling

Caroline Glick;

In the wake of the massacre in Bucha, I was joined this week by my good friend, David Goldman from Asia Times to discuss Russia’s war plan in Ukraine and Biden’s dangerous response to Russia’s actions. We then pivoted to India and it’s decision to support Russia then on to the Middle East to consider what Russia’s remorseless pursuit of Ukraine’s destruction means for Israel, with Russia in control of Syria and the direct avenues of approach to Iran.

h/t Adrian

Democracy = Chaos and Poverty

It should be noted that the author is not a fan of Putin or what’s going on in Ukraine. He has family and friends on all sides of the conflict.

Konstantin Kisin- Why Russians Support Putin

The original title of this piece was going to be “Why Russians Love Putin” but as I’ve written before, Vladimir Putin is not a leader who inspires love. What he does enjoy is widespread support from across Russian society. Why?

The answer to this question eludes many commentators because few understand Russian history, including relatively recent events.

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