Forwarded from Mizzion Z
De-dollarization gains momentum
The ASEAN+3 bloc of nations approved a landmark financial assistance mechanism this week that ditches the greenback for the yuan and other regional currencies
On Sunday, finance ministers and central bank governors from the Asean+3 nations approved a new mechanism designed to offer quick financial assistance to economies experiencing urgent balance-of-payments challenges, known as the Chiang Mai Initiative Multilateralisation (CMIM) Rapid Financing Facility.
Notably, unlike previous mechanisms that relied on the US dollar, the CMIM Rapid Financing Facility will use the Chinese yuan and other regional currencies.
The ASEAN+3 bloc of nations approved a landmark financial assistance mechanism this week that ditches the greenback for the yuan and other regional currencies
On Sunday, finance ministers and central bank governors from the Asean+3 nations approved a new mechanism designed to offer quick financial assistance to economies experiencing urgent balance-of-payments challenges, known as the Chiang Mai Initiative Multilateralisation (CMIM) Rapid Financing Facility.
Notably, unlike previous mechanisms that relied on the US dollar, the CMIM Rapid Financing Facility will use the Chinese yuan and other regional currencies.
Forwarded from Mizzion Z
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NEW - Britain could face blackouts because of net zero.
Ed Miliband’s net zero push risks leaving Britain increasingly vulnerable to a Spanish-style blackout, official reports have warned.
The grid operator has raised concerns that the switch from dependable gas to intermittent wind and solar power will "reduce network stability," the Telegraph reports.
Ed Miliband’s net zero push risks leaving Britain increasingly vulnerable to a Spanish-style blackout, official reports have warned.
The grid operator has raised concerns that the switch from dependable gas to intermittent wind and solar power will "reduce network stability," the Telegraph reports.
Forwarded from Mizzion Z
Kyiv rejected Vladimir Putin's proposal for talks in Istanbul.
Head of Zelensky's Office Andriy Yermak stated that any negotiations will only take place after a 30-day ceasefire is introduced .
Let us recall that Putin proposed negotiations without "preconditions"
Head of Zelensky's Office Andriy Yermak stated that any negotiations will only take place after a 30-day ceasefire is introduced .
Let us recall that Putin proposed negotiations without "preconditions"
ZradaXXII
Kyiv rejected Vladimir Putin's proposal for talks in Istanbul. Head of Zelensky's Office Andriy Yermak stated that any negotiations will only take place after a 30-day ceasefire is introduced . Let us recall that Putin proposed negotiations without "preconditions"
To me these “I want to negotiate peace “ games is a waste if time. Russian law forbids the Kremlin from compromising on the Donetsk Republic, as constitutionally, it is now part of Russia. And the Nazis clearly made it plain they are not giving up any territory of part of any deal. Which means there will be no peace, and Russia will have to win this war outright. Putin doesn’t need to show anybody that he wants an end to the conflict, the problem for him is that the west doesn’t take him seriously, he’s considered a tyrant and a war criminal to them, and they wish him to go away at any cost. So let’s cut out this fucking pretence.
Forwarded from Mizzion Z
❗️Macron said Putin's proposal for direct talks with Ukraine in Istanbul is " a first step, but it is not enough ," AFP writes.
He claims that the Russian leader is allegedly “looking for a way out” and “still wants to buy time.”
He claims that the Russian leader is allegedly “looking for a way out” and “still wants to buy time.”
Forwarded from Mizzion Z
Trump is just a nonstop roller coaster of wild decision making. It feels like it should be 9D chess with all the illogical moves, but he seems to be losing everywhere. Flip flopping only creates half assed attempts at achieving objectives. I think it’s because he truly doesn’t care about any of this, he wants to be holding rallies but instead is dealing with other nations problems. He’s delegating to the same swamp people as before and that’s why you’re seeing this weird mix of Neocon/Populism.
Providing arms to Israel to bomb Gaza: Talks about making it a tourist attraction: still providing arms: randomly decides to potentially recognize the Palestinian state.
The whole thing makes no sense and yet the outcome is exactly the same.
Providing arms to Israel to bomb Gaza: Talks about making it a tourist attraction: still providing arms: randomly decides to potentially recognize the Palestinian state.
The whole thing makes no sense and yet the outcome is exactly the same.
Forwarded from The Duran
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Putin Outplays Starmer/Macron, Rejects Ultimatum, Invites Kiev To Istanbul Talks; Zelensky Says NO
Forwarded from The Duran
Media is too big
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Putin shocks West, back to Istanbul. Trump given FINAL off-ramp. Macron COPE. Pakistan-India peace
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🇷🇺The United Aircraft Corporation has delivered a batch of new Su-35S fighters to the Russian Defense Ministry, Rostec reported.
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🇬🇧 Starmer announces tightening of the migration policy
Forwarded from The Duran
Media is too big
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Putin diplomacy checkmate. Zelensky Turkey stunt
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Media is too big
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FRIENDS in Kiev. Trump backs Istanbul talks. Zelensky DARES Putin to meet. Germany Taurus ultimatum
Forwarded from The Duran
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UK/EU Furious As Trump Backs Istanbul Talks, Vow More Sanctions; Moscow Scorns Latest Zelensky Stunt
Forwarded from Mizzion Z
🇬🇧🏴 A power outage has occurred in the London Underground metro system, causing severe transport disruptions in London.
A spokesman for Transport for London (TfL) has stated that there was a power outage in Southwest London for "a matter of minutes" and that "everything shut down" due to a "National Grid issue".
Place your bets on how long it will take the British to blame Russia.
A spokesman for Transport for London (TfL) has stated that there was a power outage in Southwest London for "a matter of minutes" and that "everything shut down" due to a "National Grid issue".
Place your bets on how long it will take the British to blame Russia.
Forwarded from Mizzion Z
🚨🇺🇸🇾🇪 NYT: Several American F-16s and an F-35 fighter jet were nearly struck by Houthi air defenses
In an explosive report, the New York Times has revealed President Trump ordered the end of the Anti-Houthi campaign as a result of their increasing capacity to inflict causalities on the U.S. as well as the unsustainable expenditure of munitions.
Among the many startling revelations of the article:
▪️General Michael Kurilla, commander of the the U.S. Central Command (CENTCOM), had been gunning for the Houthis since November 2023. According to NYT, he proposed an eight- to 10-month campaign in which Air Force and Navy warplanes would take out Houthi air defense systems before mountain a targeted assassination campaign. Over 18 months later, it’s safe to say Kurilla was gravely mistaken.
▪️In those first 30 days of the operation, the Houthis shot down seven American MQ-9 drones (around $30 million each), hampering Central Command’s ability to track and strike the militant group. Several American F-16s and an F-35 fighter jet were nearly struck by Houthi air defenses, making real the possibility of American casualties, multiple U.S. officials said.
▪️The cost of the operation was staggering. The Pentagon had deployed two aircraft carriers, additional B-2 bombers and fighter jets, as well as Patriot and THAAD air defenses, to the Middle East, officials acknowledged privately. By the end of the first 30 days of the campaign, the cost had exceeded $1 billion, the officials said.
▪️So many precision munitions were being used, especially advanced long-range ones, that some Pentagon contingency planners were growing increasingly concerned about overall stocks and the implications for any situation in which the United States might have to ward off an attempted invasion of Taiwan by China.
🔗 New York Times
📎 Archive
In an explosive report, the New York Times has revealed President Trump ordered the end of the Anti-Houthi campaign as a result of their increasing capacity to inflict causalities on the U.S. as well as the unsustainable expenditure of munitions.
Among the many startling revelations of the article:
▪️General Michael Kurilla, commander of the the U.S. Central Command (CENTCOM), had been gunning for the Houthis since November 2023. According to NYT, he proposed an eight- to 10-month campaign in which Air Force and Navy warplanes would take out Houthi air defense systems before mountain a targeted assassination campaign. Over 18 months later, it’s safe to say Kurilla was gravely mistaken.
▪️In those first 30 days of the operation, the Houthis shot down seven American MQ-9 drones (around $30 million each), hampering Central Command’s ability to track and strike the militant group. Several American F-16s and an F-35 fighter jet were nearly struck by Houthi air defenses, making real the possibility of American casualties, multiple U.S. officials said.
▪️The cost of the operation was staggering. The Pentagon had deployed two aircraft carriers, additional B-2 bombers and fighter jets, as well as Patriot and THAAD air defenses, to the Middle East, officials acknowledged privately. By the end of the first 30 days of the campaign, the cost had exceeded $1 billion, the officials said.
▪️So many precision munitions were being used, especially advanced long-range ones, that some Pentagon contingency planners were growing increasingly concerned about overall stocks and the implications for any situation in which the United States might have to ward off an attempted invasion of Taiwan by China.
🔗 New York Times
📎 Archive
NY Times
Why Trump Suddenly Declared Victory Over the Houthi Militia
The militant group in Yemen was still firing at ships and shooting down drones, while U.S. forces were burning through munitions.
Forwarded from Mizzion Z
Russian gains for the week of the 4th-11th were 106 sq km
Russian gains today 60 sq km
Russian gains today 60 sq km
Forwarded from Mizzion Z
—❗️🇺🇸/🇾🇪 NEW: An American MQ-9 'Reaper' drone has been shot down over Saadah governorate, Yemen