FRANCE - French President Emmanuel Macron is reportedly actively working on a “secret plan” with Communist China to attempt to broker a peace deal by the summer between Russia and Ukraine. French sources speaking to Bloomberg have revealed that Emmanuel Macron, who recently travelled to Guangdong to hold talks with Chinese dictator Xi Jinping, has apparently tasked top diplomats from Paris to engage with Beijing in crafting a deal to end the war in Ukraine.
GERMANY - The country’s energy security “has not been restored,” the group has warned. Germany will have to put up with further gas consumption restrictions or face a severe gas shortage if the next winter is cold, the nation’s Gas Storage Association (INES) warned in a forecast published on Wednesday. The current level of consumption and the legal gas storage filling requirements would be inadequate in the event of a cold winter, the forecast said. Currently, German gas storages are only required to be filled to 40% by the end of January 2024, the association noted.
UK - Struggling Brits are facing more interest rate pain within weeks after inflation defied predictions by staying in double-figures. Markets are pricing in more action by the Bank of England following headline annual CPI coming in higher than expected at 10.1 per cent in March. Although the figure was down from 10.4 per cent in February, analysts had expected a drop to 9.8 per cent after huge energy bill increases last spring fell out of the index. Instead the biggest surge in food prices since 1977 - especially affecting bread and cereal - offset the benefits.
BRAZIL - Brazil’s President Lula pushes for negotiated solution – with support from the Global South. “The United States needs to stop encouraging war and start talking about peace,” said Brazil’s president. G7 foreign ministers announce further intensification of sanctions against Russia and are meeting growing opposition from several Global South countries calling for peace talks. At their meeting yesterday in Karuizawa, Japan, the G7 ministers agreed to “intensify” sanctions against Russia, to enforce their strict implementation also by third countries and, above all, to take effective measures against arms supplies for Russian troops – ie mainly Iranian drones.
CHINA - Brazilian President Luiz Inacio Lula da Silva has just returned from his highly anticipated and successful trip to China, generating optimism and enthusiasm for an enhanced role for Latin America as it emerges from the shadow of the US. Chinese President Xi Jinping’s welcoming ceremony was the first sign the trip would be a success for everyone involved. As he and Lula walked down the red carpet, China’s military band played a rendition of ‘Novo Tempo’, an ‘80s Brazilian song associated with the protests against the US-backed dictatorships of that time.
CHINA - France’s Emmanuel Macron recently declared the US-China showdown over Taiwan a crisis “that is not ours,” and called on European leaders to avoid getting dragged into a confrontation over the island. Nevertheless, French Foreign Minister Catherine Colonna still put her name to Tuesday’s communique, suggesting that, for now, the bloc remains united in confronting Beijing. A joint communique of the G7 foreign ministers was “full of arrogance” and “grossly interfered in China’s internal affairs,” Chinese Foreign Ministry spokesman Wang Wenbin told reporters on Tuesday. The communique contained a statement of support for Taiwan and accused Beijing of “coercion.”
USA - Janet Yellen was asked by CNN what reaction ‘weaponization’ of the greenback may trigger globally. The role of the US dollar as the world reserve currency could diminish due to Washington using its leverage over the global financial system to pursue its geopolitical goals through sanctions, Secretary of the Treasury Janet Yellen has admitted. However, there is no obvious candidate to replace it, she insisted.
USA - America is a “failing nation” that is in decline, the former president has said. America and its economy are facing major challenges that could undermine Washington’s position in the world, former US President Donald Trump told a National Rifle Association (NRA) convention in the state of Indiana last week. The Biden administration has pushed the country to the brink of collapse with both its foreign and domestic policies, Trump claimed as he spoke about his ambitions for the 2024 presidential campaign.
USA - Renowned geopolitical and financial cycle expert Charles Nenner has been warning his war cycles are going up. Nenner also predicted a few years back that, at some point, the US dollar cycle would be headed down — way down. The future is here, and Nenner explains, “We have known each other for many years, and I said the dollar is going to hold up, but not anymore, not anymore. It is really in trouble. There is actually no reason to be in the dollar. They especially underestimate this BRICS situation, and all the countries will be forming an anti-dollar. Saudi Arabia is coming onboard, and that means the end of the dollar as the reserve currency.”
SAUDI ARABIA - A senior delegation representing the Palestinian terror group Hamas has been filmed in Saudi Arabia. Video seen on social media shows Hamas leaders, including Hamas politburo chief Ismail Haniyeh and the head of the group abroad, Khaled Mashaal, wearing white terrycloth garments symbolic of the Muslim Hajj pilgrimage as they circle Islam’s holiest site in Mecca. The arrival comes several days after Arabic media reported that the delegation would travel to the kingdom, representing a major development as Israel’s hopes of forging official ties with Riyadh appear to dwindle further.
ISRAEL - We are fast approaching September 13, 2023, which will mark 30 years since the Oslo Accords were signed on the White House lawn under the auspices of then-President Bill Clinton. It was one of the worst mistakes Israel has made over its 75 years of statehood. The Accords elevated arch-terrorist Yasser Arafat into a statesman, but he never changed his stripes. Israel has suffered immensely since Arafat and his minions were given diplomatic status and legitimized.
TAIWAN - Washington has concerns over Taiwan’s capacity to defend itself in the event of an attack from Beijing, according to leaked documents that have shaken the US military intelligence infrastructure, the Washington Post reported on Saturday. Responding to the concerns outlined in the documents, a spokesperson for Taiwan’s Defense Ministry told the Post that it “respects outside opinions about its military preparedness” but its defense protocols are “carefully constructed based on enemy threats.”
EUROPE - In the weeks since Chinese leader Xi Jinping won a third five-year term as president, setting him on course to remain in power for life, leaders and diplomats from around the world have beaten a path to his door. None more so than those from Europe. French President Emmanuel Macron made a high-profile state visit to Beijing last week accompanied by European Commission President Ursula von der Leyen, just days after Spanish Prime Minister Pedro Sanchez. German Foreign Minister Annalena Baerbock arrived in the northeast port city of Tianjin on Thursday, following a visit by Chancellor Olaf Scholz in November. The European Union's foreign policy chief, Josep Borrell, would have been in China this week, too, but he tested positive for COVID-19. For the 27-nation trading bloc, the reasons to head to China are clear.
TAIWAN - Around 25 US defense contractors plan to send representatives to Taiwan next month, marking the first time the arms industry will send a delegation to the island since 2019, Nikkei Asia reported this week. Rupert Hammond-Chambers, president of the US Taiwan Business Council, said the delegation will look to boost cooperation with Taiwan’s industry and wants to explore jointly producing weapons. The arms that Taipei is interested in producing include drones and ammunition.
USA - The Revolt That Is Taking on the Education Establishment. A revolt over how children are taught to read, steadily building for years, is now sweeping school board meetings and statehouses around the country. The movement, under the banner of “the science of reading,” is targeting the education establishment: school districts, literacy gurus, publishers and colleges of education, which critics say have failed to embrace the cognitive science of how children learn to read.
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