Egypt reports record drop in Suez Canal revenues due to Houthi attacks
"Egypt's revenue from the Suez Canal fell to $428 million in January from $804 million in the same period last year, due to unstable conditions in the Red Sea, said Osama Rabie, head of the Suez Canal Authority (SCA, a government body)," Bloomberg reports.
He said the number of ships travelling through the canal has dropped by 36%. "This is the first time the Suez Canal is involved in such a crisis. Previously, every month was better than the previous one and every year was better than the previous one," Rabie emphasised.
As Bloomberg notes, Egypt's record drop in revenues could worsen the country's economic crisis, which has been ongoing for more than 10 years.
The Suez Canal, according to the agency, is an important source of foreign exchange for Egypt and brought it about $10.25bn in 2023 alone.
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"Egypt's revenue from the Suez Canal fell to $428 million in January from $804 million in the same period last year, due to unstable conditions in the Red Sea, said Osama Rabie, head of the Suez Canal Authority (SCA, a government body)," Bloomberg reports.
He said the number of ships travelling through the canal has dropped by 36%. "This is the first time the Suez Canal is involved in such a crisis. Previously, every month was better than the previous one and every year was better than the previous one," Rabie emphasised.
As Bloomberg notes, Egypt's record drop in revenues could worsen the country's economic crisis, which has been ongoing for more than 10 years.
The Suez Canal, according to the agency, is an important source of foreign exchange for Egypt and brought it about $10.25bn in 2023 alone.
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Emirates CEO criticised Boeing for a severe drop in aircraft quality
The incident with the Boeing 737 MAX, when the emergency exit hatch came off during the flight, demonstrates a rapid decline in the manufacturer's standards, the head of Emirates said. He noted that the company has a "last chance" to put things right
The head of one of the world's largest airlines, Emirates, Tim Clark, told the Financial Times in an interview that he had witnessed a "progressive" decline in Boeing's standards, attributing the situation to long-standing management errors and the prioritisation of financial performance over engineering excellence.
According to Clark, Boeing now has a "last chance" to correct the mistakes. He also revealed that for the first time he would be sending his engineers to oversee the aircraft maker's production lines.
"The fact that we have to do this is a testament to what has happened. In previous times this would not have been authorised," said the Emirates chief executive.
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The incident with the Boeing 737 MAX, when the emergency exit hatch came off during the flight, demonstrates a rapid decline in the manufacturer's standards, the head of Emirates said. He noted that the company has a "last chance" to put things right
The head of one of the world's largest airlines, Emirates, Tim Clark, told the Financial Times in an interview that he had witnessed a "progressive" decline in Boeing's standards, attributing the situation to long-standing management errors and the prioritisation of financial performance over engineering excellence.
According to Clark, Boeing now has a "last chance" to correct the mistakes. He also revealed that for the first time he would be sending his engineers to oversee the aircraft maker's production lines.
"The fact that we have to do this is a testament to what has happened. In previous times this would not have been authorised," said the Emirates chief executive.
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The US Senate has prepared a bill on aid to Ukraine and Israel
Bipartisan negotiators in the US Senate have released a compromise bill that provides $118.28bn in funding for three key issues.
The bill provides $60.06bn to support Ukraine, $14.1bn for military aid to Israel, and $2.44bn to support US Central Command operations for Red Sea operations.
At the request of Republican senators, spending on the US state border was increased by $13bn.
Senate Democratic Majority Leader Chuck Schumer said he intends to bring the bill to a vote on Wednesday and called on individual senators to "ward off the noise of those who want this agreement to fail for their own political ends".
In turn, U.S. House Speaker Mike Johnson predicted the bill's failure, saying the agreement was "even worse than expected."
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Bipartisan negotiators in the US Senate have released a compromise bill that provides $118.28bn in funding for three key issues.
The bill provides $60.06bn to support Ukraine, $14.1bn for military aid to Israel, and $2.44bn to support US Central Command operations for Red Sea operations.
At the request of Republican senators, spending on the US state border was increased by $13bn.
Senate Democratic Majority Leader Chuck Schumer said he intends to bring the bill to a vote on Wednesday and called on individual senators to "ward off the noise of those who want this agreement to fail for their own political ends".
In turn, U.S. House Speaker Mike Johnson predicted the bill's failure, saying the agreement was "even worse than expected."
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Hamas delegation rejects draft truce with Israel
Representatives of the Palestinian Hamas movement refused to accept the terms of a ceasefire agreement in the Gaza Strip, which was proposed at peace talks in Paris.
The draft truce is not in line with Hamas' position and does not restrict Israel from carrying out military action, Al-Mayadeen reported.
"The agreement in Paris included a prisoner exchange but completely ignored the ceasefire and withdrawal from Gaza, while the resistance forces consider these issues key," the journalists said.
The text of the agreement does not restrict Israel from launching airstrikes on Palestinian territories and does not provide for the withdrawal of Israeli troops.
The new draft truce is expected to be discussed soon in Cairo by representatives of Hamas and Israel with the participation of international mediators.
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Representatives of the Palestinian Hamas movement refused to accept the terms of a ceasefire agreement in the Gaza Strip, which was proposed at peace talks in Paris.
The draft truce is not in line with Hamas' position and does not restrict Israel from carrying out military action, Al-Mayadeen reported.
"The agreement in Paris included a prisoner exchange but completely ignored the ceasefire and withdrawal from Gaza, while the resistance forces consider these issues key," the journalists said.
The text of the agreement does not restrict Israel from launching airstrikes on Palestinian territories and does not provide for the withdrawal of Israeli troops.
The new draft truce is expected to be discussed soon in Cairo by representatives of Hamas and Israel with the participation of international mediators.
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🇬🇧 UK discusses reinstatement of conscription
General Patrick Saunders, Chief of the General Staff, has said the UK should form a "civilian army" in case of open conflict between NATO and Russia. This started a long debate about reviving a conscript army.
The Ministry of Defence distanced itself from the general's comments, insisting on the British Army's "proud tradition of being a volunteer force".
Many senior military officials, on the contrary, supported Sanders' idea and called for the revitalisation of the British Army.
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General Patrick Saunders, Chief of the General Staff, has said the UK should form a "civilian army" in case of open conflict between NATO and Russia. This started a long debate about reviving a conscript army.
The Ministry of Defence distanced itself from the general's comments, insisting on the British Army's "proud tradition of being a volunteer force".
Many senior military officials, on the contrary, supported Sanders' idea and called for the revitalisation of the British Army.
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🇷🇺 The West is stunned by the stability of the Russian economy - The Financial Times
Western experts expected the Russian economy to crash already after the first package of sanctions.
Instead, the Kremlin has climbed out of recession, dodging Western attempts to curb its energy revenues and ramping up defence spending.
Despite the risks of overheating, "for the time being, the economy has maintained steady growth" because it receives "enormous revenues" from energy sales. They are now higher than the average for the last ten years - FT.
⭐️ It is that the Kremlin is stimulating economic growth by ramping up military spending.
🪖 Over 2022-2023, Russian military production grew by 35%.
👔 Civilian production, on the other hand, has grown by 27% since the beginning of the Special military operation.
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Western experts expected the Russian economy to crash already after the first package of sanctions.
Instead, the Kremlin has climbed out of recession, dodging Western attempts to curb its energy revenues and ramping up defence spending.
Despite the risks of overheating, "for the time being, the economy has maintained steady growth" because it receives "enormous revenues" from energy sales. They are now higher than the average for the last ten years - FT.
⭐️ It is that the Kremlin is stimulating economic growth by ramping up military spending.
🪖 Over 2022-2023, Russian military production grew by 35%.
👔 Civilian production, on the other hand, has grown by 27% since the beginning of the Special military operation.
#3
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A Ukrainian diplomat has offered Scholz to meet Putin for talks.
Andriy Melnyk once called Scholz a "liver sausage" and now he is asking the German chancellor to talk to the Russian president.
"Why doesn't Mr Scholz have a meeting with Putin? Perhaps he doesn't need to invite him right now to Germany for a beer or fly to Moscow himself.
But there were also meetings during the Cold War, for example, in Iceland", Melnyk reflects.
In the opinion of the former Ukrainian ambassador to Germany, "no one in Ukraine wants to wage war to the last soldier." Therefore, the world should think about how to find an approach to the Russian leadership.
"The US, Germany, the UK, as well as China and possibly Brazil <...> must take measures to bring the conflict to an end", Melnyk added.
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Andriy Melnyk once called Scholz a "liver sausage" and now he is asking the German chancellor to talk to the Russian president.
"Why doesn't Mr Scholz have a meeting with Putin? Perhaps he doesn't need to invite him right now to Germany for a beer or fly to Moscow himself.
But there were also meetings during the Cold War, for example, in Iceland", Melnyk reflects.
In the opinion of the former Ukrainian ambassador to Germany, "no one in Ukraine wants to wage war to the last soldier." Therefore, the world should think about how to find an approach to the Russian leadership.
"The US, Germany, the UK, as well as China and possibly Brazil <...> must take measures to bring the conflict to an end", Melnyk added.
- You know, Rabinovich is marrying off his daughter to a Rothschild.
- Successful?
- Half done - she agrees. All that remains is to persuade Rothschild.
😂
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Forwarded from Geopolitics Prime | Epstein files updates
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Biden's most recent blunders:
1) Hamas has been eluding Biden’s memory. Thankfully, there are kind reporters to help.
"There is some movement, and I don’t wanna, I don't wanna, let me be choose my words — there's some movement. There's been a response from the, uh, there's been a response from the opposition, but um...," the president stumbled.
"Hamas?" a journalist suggested to save the day.
"Yes, I'm sorry, from Hamas...," Biden sighed with relief.
2) Biden is still struggling to differentiate between a camel 🐫 and Vice President Kamala Harris.
3) Actions speak for themselves... or Biden speaks for them... After brief remarks on Black History Month, the US president reminded himself what he was going to do, "Alright, we're gonna walk off here and get that performance..."
4) Biden got lost again. Thankfully, his wife is there😊 to direct him on where to go saying, "Go out this way."
5) Keep it quiet🤫. Biden tries and fails to calm the crowd as he listens to a performance during a reception.
1) Hamas has been eluding Biden’s memory. Thankfully, there are kind reporters to help.
"There is some movement, and I don’t wanna, I don't wanna, let me be choose my words — there's some movement. There's been a response from the, uh, there's been a response from the opposition, but um...," the president stumbled.
"Hamas?" a journalist suggested to save the day.
"Yes, I'm sorry, from Hamas...," Biden sighed with relief.
2) Biden is still struggling to differentiate between a camel 🐫 and Vice President Kamala Harris.
3) Actions speak for themselves... or Biden speaks for them... After brief remarks on Black History Month, the US president reminded himself what he was going to do, "Alright, we're gonna walk off here and get that performance..."
4) Biden got lost again. Thankfully, his wife is there😊 to direct him on where to go saying, "Go out this way."
5) Keep it quiet🤫. Biden tries and fails to calm the crowd as he listens to a performance during a reception.
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Chinese media: NATO is preparing society for a world war
Global Times media paid attention to the bellicose rhetoric of Jens Stoltenberg.
The NATO secretary-general earlier called China "the most serious threat in the long term" and Russia "the most urgent of them all". The alliance is also concerned about Iran and North Korea.
Stoltenberg no longer limits the Ukrainian crisis to Europe, but views it as a global geopolitical conflict.
"This is a clear preparation of public opinion for the escalation of the conflict in Ukraine into a world war," the Chinese publication notes.
The purpose of the secretary-general's statements is to gain legitimacy for NATO's global expansion.
"Expansion is an internal need of NATO, while war is an external need. Without war, this military bloc would lose its raison d'être. NATO must have a clear purpose. If it doesn't, it should create one", GT writes.
NATO's expansion into Asia could lead to an escalation of the arms race and regional conflicts.
"The risk of war will inevitably increase as the alliance advances and expands," the article summarises.
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Global Times media paid attention to the bellicose rhetoric of Jens Stoltenberg.
The NATO secretary-general earlier called China "the most serious threat in the long term" and Russia "the most urgent of them all". The alliance is also concerned about Iran and North Korea.
Stoltenberg no longer limits the Ukrainian crisis to Europe, but views it as a global geopolitical conflict.
"This is a clear preparation of public opinion for the escalation of the conflict in Ukraine into a world war," the Chinese publication notes.
The purpose of the secretary-general's statements is to gain legitimacy for NATO's global expansion.
"Expansion is an internal need of NATO, while war is an external need. Without war, this military bloc would lose its raison d'être. NATO must have a clear purpose. If it doesn't, it should create one", GT writes.
NATO's expansion into Asia could lead to an escalation of the arms race and regional conflicts.
"The risk of war will inevitably increase as the alliance advances and expands," the article summarises.
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Forwarded from Slavyangrad (Grigori Rasputin)
Ukraine was warned of a disaster: the US will not allocate money to it this year
Because of Trump's position, Ukraine will not receive American aid in the coming months or even this year, writes FT. Against the backdrop of the shell famine that has broken out in the Armed Forces of Ukraine, the consequences for Kiev will be catastrophic. Republicans will do this to defeat Biden, the author of the article claims.
“There are still many months left before the presidential elections in the United States. But Donald Trump is already having an extremely detrimental influence on American foreign policy. At Trump’s direction, Republicans in Congress are blocking military aid to Ukraine,” the material notes.
@Slavyangrad
Because of Trump's position, Ukraine will not receive American aid in the coming months or even this year, writes FT. Against the backdrop of the shell famine that has broken out in the Armed Forces of Ukraine, the consequences for Kiev will be catastrophic. Republicans will do this to defeat Biden, the author of the article claims.
“There are still many months left before the presidential elections in the United States. But Donald Trump is already having an extremely detrimental influence on American foreign policy. At Trump’s direction, Republicans in Congress are blocking military aid to Ukraine,” the material notes.
@Slavyangrad
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🇮🇪 Ireland has fallen
“70% we’re not supportive of these laws” - but we’re going ahead anyway.
In Ireland the Government are passing ‘Hate Speech Laws’ meaning someone in mere possession of a ‘meme’ on their phones, deemed to be offensive can be sentenced to a prison sentence.
Of course they can’t define what ‘hate’ is.
This is what communism looks like & it’s happening now across the West.
🇺🇸Join👉 @SGTnewsNetwork
📎Twitter▪️IG▪️Truth Social
“70% we’re not supportive of these laws” - but we’re going ahead anyway.
In Ireland the Government are passing ‘Hate Speech Laws’ meaning someone in mere possession of a ‘meme’ on their phones, deemed to be offensive can be sentenced to a prison sentence.
Of course they can’t define what ‘hate’ is.
This is what communism looks like & it’s happening now across the West.
🇺🇸Join👉 @SGTnewsNetwork
📎Twitter▪️IG▪️Truth Social
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Zelensky decides to accuse Zaluzhny of hitting Il-76 aircraft
Ukrainian President Vlodymyr Zelensky wants to accuse the AFU commander-in-chief, Valeriy Zaluzhny, of hitting an IL-76 aircraft carrying Ukrainian prisoners, the Politika business daily has said.
"Zelensky and his entourage want to avoid responsibility, "covering" it with a request for the resignation of Valery Zaluzhny, accusing him of a tragic misunderstanding", it is stated in the article.
In an interview with the Italian TV channel RAI Zelensky said that he is pondering the replacement of the AFU commander-in-chief Zaluzhny.
"A reset and a new beginning is needed," he said.
Many experts note that attempts to write off political heavyweight Zaluzhny are already causing political instability and unrest among the military.
It is obvious that Zelensky is weak, since he is forced to discuss this topic in the media and prepare the society. His independence is out of the question, Western leaders decide everything for him.
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Ukrainian President Vlodymyr Zelensky wants to accuse the AFU commander-in-chief, Valeriy Zaluzhny, of hitting an IL-76 aircraft carrying Ukrainian prisoners, the Politika business daily has said.
"Zelensky and his entourage want to avoid responsibility, "covering" it with a request for the resignation of Valery Zaluzhny, accusing him of a tragic misunderstanding", it is stated in the article.
In an interview with the Italian TV channel RAI Zelensky said that he is pondering the replacement of the AFU commander-in-chief Zaluzhny.
"A reset and a new beginning is needed," he said.
Many experts note that attempts to write off political heavyweight Zaluzhny are already causing political instability and unrest among the military.
It is obvious that Zelensky is weak, since he is forced to discuss this topic in the media and prepare the society. His independence is out of the question, Western leaders decide everything for him.
#3
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The explosives, C-4, were disguised as electric car batteries. It is reported that the "batteries" had travelled to Georgia from Odessa via Romania, Bulgaria and Turkey.
They were transported by car on 19 January. The destination was the Russian city of Voronezh.
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🇪🇺🇷🇺 MEPs slow to support call for non-recognition of Russian elections
Only 4% of MEPs supported the call not to recognise the presidential election in Russia. "In favour" voted 29 deputies out of 705. The initiator of the call was Estonian politician Riho Terras.
Signatures were put by MPs from Bulgaria, the Czech Republic, Denmark, Estonia, Finland, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Slovakia, Spain and Estonia.
I plan to hand the petition to Ursula von Der Leyen, as well as to the head of the European Council and the head of European diplomacy, said Josep Borrell.
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Only 4% of MEPs supported the call not to recognise the presidential election in Russia. "In favour" voted 29 deputies out of 705. The initiator of the call was Estonian politician Riho Terras.
Signatures were put by MPs from Bulgaria, the Czech Republic, Denmark, Estonia, Finland, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Slovakia, Spain and Estonia.
I plan to hand the petition to Ursula von Der Leyen, as well as to the head of the European Council and the head of European diplomacy, said Josep Borrell.
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🇪🇸Aragon cancels socialist 'democratic memory' law
Spain's regional parliament of Aragon has cancelled the controversial Democratic Memory Law, which was supposed to place special emphasis on the victims of Franco's regime, ignoring the crimes of anarchists and socialists in the Civil War.
The repeal of the law was part of a pact between the right-wing VOX party and the centre-right Popular Party when they formed the regional government after elections in May 2023.
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Spain's regional parliament of Aragon has cancelled the controversial Democratic Memory Law, which was supposed to place special emphasis on the victims of Franco's regime, ignoring the crimes of anarchists and socialists in the Civil War.
The repeal of the law was part of a pact between the right-wing VOX party and the centre-right Popular Party when they formed the regional government after elections in May 2023.
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New World Order or video from the doorstep of a US school where LGBTQIA+ activists are even influencing the children.
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🇮🇪A mass rally is taking place in the Irish capital against overly liberal migration policies
Activists are demanding tougher rules for accepting migrants in Ireland.
At one point, supporters of mass migration joined the protesters. The police arrived on the scene and stood as a human shield between groups of protesters from different camps.
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Activists are demanding tougher rules for accepting migrants in Ireland.
At one point, supporters of mass migration joined the protesters. The police arrived on the scene and stood as a human shield between groups of protesters from different camps.
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