Why Global Inflation Is About To Go Into Overdrive

Why Global Inflation Is About To Go Into Overdrive

If you think inflation is already blistering hot –  as most companies and survey respondents clearly do – and the worst case been largely priced in, with little inflationary upside left, think again.

As Bloomberg notes, last week saw the Bloomberg Agriculture Spot Index rise by the most in almost nine years, to extend the stellar rally seen since last August.

Due to the lag between ag costs and finished food prices, the latter are about to soar. And since food is a large component of CPI baskets in Asia, Bloomberg warns that “this large inflationary impulse in the region that houses more than half the world’s population should result in higher wage costs in the factory base of the world. As CPI and PPI rise in Asia, it will feed through globally in the months ahead.”

Think “Arab Spring” (which sparked a domino effect of revolutions in North Africa and the Middle East due to soaring food prices) only in Asia this time… and on steroids. And then read what Albert Edwards wrote in December when he explained why he is “Starting To Panic About Soaring Food Prices.

Tyler Durden
Tue, 04/27/2021 – 05:45

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EU Admits It Can’t Go Net-Zero Without Natural Gas

EU Admits It Can’t Go Net-Zero Without Natural Gas

Authored by Irina Slav via OilPrice.com,

Last week saw some much-needed good news for natural gas. The European Union signaled that it would include natural gas in its energy plans for the future, emissions and all. The not-so-good news is that speaking of emissions, the EU might oblige suppliers to minimize these as much as is possible.

In the early days of the rush to cut emissions, natural gas was hailed as what many called a bridge fuel, the bridge being between fossil fuels and renewable energy. Then, as the rush accelerated, the bridge-fuel status of natural gas began to be questioned, increasingly loudly.

While a lower emitter than coal or oil, gas was still an emitter, and many of the proponents of a net zero energy world became increasingly radical with the help of statistics that showed, for example, that U.S. emissions did not decline with the replacement of coal power plants with gas-fired plants because the output of these gas-fired plants—and their numbers—increased.

Gradually, gas became the third focal point of emissions-cutting efforts, almost on par with coal and oil. This is why the European Union’s decision to include natural gas in its brand new EU Taxonomy Climate Delegated Act. The weird-sounding document basically spells out what is green and what isn’t in a list for businesses and investors to peruse with a view to helping the EU along with its plans to become a net-zero emitter by 2050.

The piece of legislation, according to the EU, “introduces clear performance criteria for determining which economic activities make a substantial contribution to the Green Deal objectives. These criteria create a common language for businesses and investors, allowing them to communicate about green activities with increased credibility and helping them to navigate the transition already under way.”

While gas was not included in the list of green economic activities, the EU said it would be included in a separate document treating—and this is the important part—transitional activities. Put simply, the EU legislation will restore natural gas to its bridge-fuel status.

This is, in essence, an admission that it won’t be that easy for the EU to wean itself off fossil fuels completely. It is also a confirmation of what the vice president of the EU and person in charge of the Green Deal, Frans Timmermans, said earlier this year about gas and other fossil fuels.

“Where, and as long as, clean energy cannot yet be deployed on the scale needed, fossil gas may still play a role in the transition from coal to zero emission electricity,” Timmermans said in March.

“But I want to be crystal clear with you—fossil fuels have no viable future. That also goes for fossil gas, in the longer run.”

Some would argue that natural gas and almost certainly nuclear power have a pretty bright long-term future in Europe because putting all your energy eggs in the renewable energy basket when you’re electrifying the economies of a whole continent is a pretty risky business. Yet, the EU seems determined to achieve a net-zero status whatever it takes. And this is where the bad news for gas producers comes.

The case of French Engie refusing a cargo of U.S. LNG because of the high carbon footprint of its extraction has now become notorious as an illustration of the EU’s priorities. The bloc may not get to net-zero without gas, but it is highly likely that it will require the gas it uses to be as clean as possible. Methane leak elimination and emission reduction at the liquefaction terminals are just some things that natural gas producers may need to familiarize themselves with if they want to sell to the EU.

The world leader in LNG exports, Qatar is already working on it. When the country made the final investment decision on a 40-percent capacity increase at the world’s biggest LNG project, it also said it would invest in a carbon capture and sequestration system at the site, to lower its LNG’s carbon footprint.

Traditionally, buyers have looked at the quality and the price of commodities—and all other goods, really—to make a decision to buy. Now, the quality aspect has gained a new and very important detail when it comes to energy commodities. Their greenhouse gas footprint is on its way to becoming the single most important factor for some buyers.

For now, Europe is the only one with a comprehensive emissions strategy, but it may not remain the only one for long. The Biden administration has also announced pretty ambitious emission-related goals, and they are bound to affect natural gas consumption and exports. Asian buyers are also becoming increasingly emission-conscious and requiring proof of cleanliness for the gas they buy. In other words, gas may have retained its bridge-fuel status in the energy transition but using it to stay in the race for as long as possible will require a lot of emissions-cutting efforts on the part of producers.

Tyler Durden
Tue, 04/27/2021 – 05:00

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Luxembourg Remains The ‘Richest’ Country In The World

Luxembourg Remains The ‘Richest’ Country In The World

Which are the richest countries in the world, by nominal GDP per capita?

This map looks at the top 25 countries by this metric. As Visual Capitalist’s Avery Koop notes, they’re located across North America, Europe, Asia, and Oceania. Notably, no South American or African countries make the list.

 

Although number one on the global stage in terms of total GDP, the U.S. places fifth with a GDP per capita of $63,051.

 

Interestingly, a number of countries with smaller population sizes have a high GDP per capita. For example, Iceland makes the top 10 at $57,189, but the island’s population is only around 342,000 people. Similarly, Luxembourg’s population is just under 633,000—but it’s the richest country in the world on a per capita basis.

Building Wealth

So how did these countries become so well off?

Looking at history, most high-income countries went through a similar linear journey. Beginning with agriculture-based economies, they went through a period of rapid industrialization, and finally became service-based economies.

In Luxembourg today, one of the top industries is banking and financial services, for example. Here’s a look at some of the top industries in the next five richest countries:

  •  Switzerland:
    Banking and financial services, agriculture

  •  Ireland:
    Natural resources (including agriculture, fisheries, forestry, and mining), pharmaceuticals

  •  Norway:
    Oil and gas, hydropower, seafood

  •  U.S.:
    Real estate, healthcare, technology

  •  Singapore:
    Financial services, manufacturing, oil and gas

The world’s wealthiest economies will likely remain on top for the foreseeable future, though some may experience plateauing growth. In Japan, for example, the domestic market is beginning to shrink due to an aging population.

Regardless, the wealth of these countries today is astounding, with the richest country in the world having a GDP per capita of 415x more than the poorest country in the world.

Tyler Durden
Tue, 04/27/2021 – 04:15

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Chaos In Mogadishu As Political Crisis Deepens

Chaos In Mogadishu As Political Crisis Deepens

Via South Front,

On April 25th, the election stalemate in Somalia led to rival factions beginning clashes in Mogadishu.

The fighting took place between federal government forces of President Mohamed Abdullahi Mohamed, known as Farmajo, and members of the Somali military who are aligning themselves with opposition leaders.

There is an unknown number of casualties.

The talks on normalization collapsed after Farmajo failed to hold presidential and parliamentary elections by February, as scheduled, and then in April signed a law extending his term in office by two years.

The moves effectively ended United Nations-mediated negotiations backed by the United States and added fuel to an already combustible political situation.

The European Union ambassador to Somalia, Nicolas Berlanga, took to Twitter for “maximum restraint” on all sides.

“Violence is unacceptable,” he said.

“Those responsible will be held accountable.”

There are videos showing some of the classes around Kilometer 4, a major Mogadishu junction.

The opposition, by employing some heavy equipment have reportedly taken control of some areas near Mogadishu’s presidential palace.

Former president of Somalia, Hassan Sheikh Mohamud, accused government forces of attacking his residence in north Mogadishu.

“It’s unfortunate that troops taking orders from [Farmajo] have attacked my residence,” Mohamud wrote on his Twitter account.

“I have warned him [Farmajo] previously and I repeat the risk of politicizing security. The responsibility of the consequence will be taken by Farmajo.”

The Somali government has denied the claim from the former president. Internal Security Minister Hassan Hundubey Jimale told state media that government troops have been providing protection to the former government for years.

“Since he left office in 2017, he was being protected by government forces because of the national respect he is being afforded; it’s impossible whatsoever that he was attacked; it didn’t happen,” Jimale said.

Somalia is a country that is plagued by a heavy terrorist presence in large parts of it, and frequent attacks, furthermore the political chaos does little to help this, and instead makes it much worse.

Tyler Durden
Tue, 04/27/2021 – 03:30

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Bill Gates Doubles Down On Opposition To “Open Vaccine” Movement

Bill Gates Doubles Down On Opposition To “Open Vaccine” Movement

Roughly one year after the Bill and Melinda Gates Foundation seized control of the global response to COVID-19 with the goal of providing “equitable access” to a vaccine, Bill Gates & Co. have accomplished the opposite:  The Covid-19 ACT-Accelerator mechanism, backed by the Gates Foundation, has a stated policy of respecting the exclusive intellectual property rights of western drugmakers. At the same time, the WHO-backed alternative solution, known as Covid-19 Technology Access Pool, or C-TAP, which was supposed to foster an open-source pool of vaccine and drug technology, has mostly faltered.

As India’s second-wave COVID-19 outbreak spirals out of control, more parties have come forward to criticize Gates for his support of IP protections. Considering the scarcity of the medicines, there have been increasing calls from countries like India and South Africa, international relief organizations and other public figures to waive IP protections so that poorer countries can get faster access to the vaccines. WTO Director General Dr. Ngozi Okonjo-Iweala has led a host of emerging-market nations in a push to waive IP protections, arguing that numerous facilities exist that could ramp up production in the coming months.

But as pressure to reconsider this stance mounts, Gates insisted during an interview Monday with Sky News’ Sophy Ridge that stripping IP protections from vaccine recipes wouldn’t be helpful. Asked point blank about the issue, Gates responded with an emphatic “no”.

“The thing that’s holding things back in this case is not intellectual property. It’s not like there’s some idle vaccine factory, with regulatory approval, that makes magically safe vaccines. You know, you’ve got to do the trial on these things. Every manufacturing process has to be looked at in a very careful way,” Gates explained. “There are all sorts of issues around intellectual property having to do with medicines. But not in terms of how quickly we’ve been able to ramp up the volume here.”

Watch the full interview below:

As Gates sees it, his foundation has helped to accelerate the pace of vaccine testing and design by years. In the past, it would likely have taken decades for poor nations to get supplies from rich states that designed them. “Typically, in global health it takes a decade between when a vaccine comes into the rich world and when it gets into the poor countries,” Gates said.

While Gates apparently can’t see past how things were done in the past, critics quickly pointed out that countries like the US are already stockpiling more vaccines than they can use. And while Gates insists that there aren’t any factories in the developing world capable of making patented western jabs, India’s Serum Institute is an obvious example of how this simply isn’t the case. Plus, many of the countries pushing the vaccine IP waiver at the WTO have identified facilities where vaccine production can be ramped up quickly.

Opponents of this approach from within the pharmaceutical industry are scrambling to lobby the Biden Administration to oppose the waiver push at the WTO after a recent speech by Katherine Tai, Biden’s top trade official, stipulated that Washington would “consider what modifications and reforms” can be applied to intellectual property rules. Among other risks, Big Pharma is arguing that an “open” vaccine would benefit American rivals like China and Russia.

But the reality is that billions of denizens of the developing world stand to benefit, while drug companies and the international pharmaceutical industry stands to miss out on some profits.

Tyler Durden
Tue, 04/27/2021 – 02:45

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UK Carrier Strike Group To Embark On 6-month Indo-Pacific Deployment

UK Carrier Strike Group To Embark On 6-month Indo-Pacific Deployment

Authored by Alexander Zhang via The Epoch Times,

Britain will send a Carrier Strike Group to the Indo-Pacific region next month in a massive show of force aimed at countering the security challenges posed by the Chinese regime.

The Carrier Strike Group, which will be led by the new aircraft carrier HMS Queen Elizabeth, will be the “largest concentration of maritime and air power” in the UK, said the Ministry of Defence (MoD) in a press release.

During its 28-week deployment, the Carrier Strike Group will visit more than 40 countries and conduct engagements with Singapore, South Korea, Japan, and India as part of the UK’s “tilt towards the Indo-Pacific region, said the MoD.

Defence Secretary Ben Wallace said: “When our Carrier Strike Group sets sail next month, it will be flying the flag for Global Britain—projecting our influence, signalling our power, engaging with our friends, and reaffirming our commitment to addressing the security challenges of today and tomorrow.

“The entire nation can be proud of the dedicated men and women who for more than six months will demonstrate to the world that the UK is not stepping back but sailing forth to play an active role in shaping the international system of the 21st Century.”

Britain’s Secretary of State for Defence, Ben Wallace, leaves 10 Downing Street in London on Feb. 13, 2020. (Leon Neal/Getty Images)

According to the MoD., the Carrier Strike Group will seek to achieve the UK’s goal for “deeper engagement in the Indo-Pacific region in support of shared prosperity and regional stability,” which was set out in the government’s recently published Integrated Review into foreign, defence, security, and development policy.

The review, which was published in March, said the UK will invest in enhanced “China-facing capabilities” and improve its response to “the systemic challenge that it poses to our security, prosperity and values—and those of our allies and partners.”

HMS Queen Elizabeth, the most powerful surface vessel in the Royal Navy’s history, will be carrying eight F-35B Lightning II fast jets of the Royal Air Force, four Wildcat maritime attack helicopters, seven Merlin Mk2 anti-submarine helicopters, and three Merlin Mk4 commando helicopters. A company of Royal Marines Commandos will also be based on the carrier.

A new F-35B Lightning fighter jet takes off from the deck of the United Kingdom’s new aircraft carrier, The HMS Queen Elizabeth on Sept. 27, 2018. (Mark Wilson/Getty Images)

The carrier will be joined by a surface fleet of Type 45 destroyers, HMS Defender and HMS Diamond, Type 23 anti-submarine frigates HMS Kent and HMS Richmond, and the Royal Fleet Auxiliary’s RFA Fort Victoria and RFA Tidespring.

A Royal Navy Astute-class submarine armed with Tomahawk cruise missiles will be deployed in support of the surface fleet.

A U.S. destroyer, USS The Sullivans, will sail as part of the Group and providing it with air defence and anti-submarine capabilities. A squadron of 10 F-35B Lightning II aircraft from the U.S. Marine Corps will also be integrated into the fleet.

The Royal Netherlands Navy’s frigate HNLMS Evertsen will be providing further air defence.

Tyler Durden
Tue, 04/27/2021 – 02:00

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Will Canada Be A Bridge Of Cooperation Or A Platform For War In The 21st Century

Will Canada Be A Bridge Of Cooperation Or A Platform For War In The 21st Century

Authored by Matthew Ehret via The Strategic Culture Foundation,

Canada could play the role of intermediary and diplomatic bridge both for the benefit of its own citizens and the wellbeing of the world as a whole…

The arctic remains the world’s last frontier of human exploration. It is also a domain of great potential cooperation among great civilizations, or inversely a domain of militarism and confrontation.

In recent years, Russia and China have increasingly harmonized their foreign policies around the Framework unveiled by President Xi Jinping in 2013 dubbed the Belt and Road Initiative. Since its unveiling, this megaproject has grown in leaps and bounds winning over 136 nations, accruing $3.7 trillion of investment capital and evolving new components such as the “Digital Silk Road”, “Health Silk Road”, “Space Silk Road”, and of course the “Polar Silk Road”. In March 2021, the Polar Silk Road, first announced in 2018, was given a prominent role in the 2021-2025 Five Year Plan with a focus on Arctic shipping, resource development, scientific Arctic research and conservation.

With the enthusiastic support of Russia, China has increasingly become a leading force in icebreaker technology, northern resource development, arctic infrastructure construction, with an aim to be a world leader in shipping across the rapidly melting Northwest Passage cutting between 10-15 days off of goods moving between Asia and Europe. The recent clogging of the Suez Canal and over congested Straits of Malacca have been stark reminders that Arctic shipping is a domain of global strategic significance during the 21st century.

Russia’s role as Chair of the Arctic Council between 2021-2023 will also put a major spotlight on the evolving Russia-China paradigm for win-win cooperation of the north as a territory of dialogue and development which is the theme of the upcoming St. Petersburg Arctic Summit later this year.

The Threat of Confrontation Heats Up

Despite these positive strides, many geopoliticans in the west have repeatedly attacked such developments as “efforts to conquer the world and replace the USA as global hegemons”. Those promoting this Hobbesian outlook not only choose to ignore the countless olive branches offered to the west by the Eurasian powers for mutual development, but have also accelerated a policy which some have dubbed a ‘Full Spectrum Dominance’ ballistic missile encirclement of both Russia and China. This latter policy was recently called out by Foreign Minister Lavrov on April 1, 2021 who said:

“We now have a missile defence area in Europe. Nobody is saying that this is against Iran now. This is clearly being positioned as a global project designed to contain Russia and China. The same processes are underway in the Asia-Pacific region. No one is trying to pretend that this is being done against North Korea… This is a global system designed to back U.S. claims to absolute dominance, including in the military-strategic and nuclear spheres.”

Instead of acknowledging the fact that Russian and Chinese military strategies are defensive in nature, advocates of full spectrum dominance have chosen to push an opposing narrative painting both Eurasian nations as competitors and rivals with ghoulish secret intentions to annex the world. Under this confrontational paradigm, both NORAD and NORTHCOM continental defense systems are undergoing a reform under General Glan van Herck who stated in his Declassified Executive Summary of NORAD’s New Strategic Vision:

“Both Russia and China are increasing their activity in the Arctic. Russia’s fielding of advanced, long-range cruise missiles capable of being launched from Russian territory and flying through the northern approaches and seeking to strike targets in the United States and Canada has emerged as the dominant military threat in the Arctic.”

Why the general believes this to be the dominant cause of military threats rather than the USA’s unilateral withdrawal from all confidence building measures such as the 1972 ABM Treaty, the 1987 INF Treaty and Open Skies Treaty is beyond the capacity of this writer’s imagination.

An important part of this continental reform involves an upgrading and expansion of the U.S.-directed Ground Based Midcourse Defense system of 44 silo-based interceptors located in Alaska and California with an additional 20 in response to both China and Russia’s development of hypersonic, maneuverable warheads as well as a new generation of submarine and land-based ICBMs. Former Assistant Secretary of Defense Philip Coyle recently attacked this upgraded GMD program by stating not only is the system woefully inept (only half of its 18 tests since 1999 hit their targets), but is also unnecessarily provocative, forcing Russia and China to upgrade their own systems in response to a threat that never should have existed in the first place. In a 2019 interview Coyle stated:

“All of this is causing Russia and increasingly China to build more and more offensive systems, so that they can overwhelm U.S. missile defence- assuming that they would work… We have no way of dealing with more and more missiles from Russia or China and so building up more and more missile defense is backfiring”.

General van Herck has also championed Artificial Intelligence and machine learning technology across all domains of data collection and even supplementing human decision making as part of the goal of achieving “global integration, all domain awareness, information dominance to reach decision superiority”. Dubbed Pathfinder, van Herck has stated “I absolutely believe it can be a model for the Department of Defense. It lays the foundation for improved data-driven decision making and enhanced capability”. Whether it is wise to strive to cut decision making on matters such as thermonuclear war down to 12 minutes as is currently celebrated by Pathfinder supporters while leaving strategic decision-making protocols in the hands of soulless algorithms, or whether it is a living prophecy of Stanley Kubrick’s Dr. Strangelove can be left up to debate. The fact remains that this is the game plan.

Since both unipolar and multipolar paradigms gripping the Arctic are creating an objective tension which threatens humanity and since appreciation for the origins and evolution of the Russia-China alliance is misunderstood and mischaracterized in the west, a few words of context are in order.

A Brief History of Russian Chinese Arctic Synergy

In 2015, Russia’s Eurasian Economic Union first signed an MOU to integrate with the Belt and Road, and as of 2019, China and Russia signed a series of major programs to extend the Belt and Road Initiative into the Arctic. The synergy between what Prime Minister Medvedev called the “Silk Road on Ice” and Putin’s Great Eastern Vision were obvious and in April 2019, both nations released a joint statement “Joint efforts will be made in Arctic marine science research, which will promote the construction of the ‘Silk Road on Ice.” The statement asserted that both nations “look forward to more fruitful and efficient partnerships worldwide to contribute to the sustainable development of the world oceans and a shared future for mankind.”

During an April 2019 BRI forum, President Putin laid out his concept of Russian and Chinese foreign policy doctrines saying:

“The Great Eurasian Partnership and Belt and Road concepts are both rooted in the principles and values that everyone understands: the natural aspiration of nations to live in peace and harmony, benefit from free access to the latest scientific achievements and innovative development, while preserving their culture and unique spiritual identity. In other words, we are united by our strategic, long-term interests.”

In recent months, the Russian-Chinese Joint Statement on Global Governance of March 23, 2021, represented the clearest response to the collapse of diplomatic bridges uniting west and east whose already weak edifices have been set ablaze in recent months. This diplomatic arson took the form of increased anti-Russian and anti Chinese sanctions, accelerated NATO war games on Russia’s perimeter, increased efforts to consolidate an anti-Chinese Pacific NATO, not to mention Biden’s infamous remarks that Putin was a “soulless killer”. These diplomatic disasters culminated in the infamous ambush of Chinese officials in Alaska on March 19, 2021.

Economic Cooperation and Shared Interests

Russia and China’s collaboration on Arctic resource development has seen both nations focus on transportation corridors, energy and research with a consistently open offer for all nations among their western counterparts to join at any time. Among the most important of the Arctic Projects now underway as part of Russia’s Arctic 2035 Vision announced in 2019, the 6000 km Power of Siberia natural gas pipeline is at the top of the list which will make Russia the primary supplier of China’s energy needs by 2030. This project will be joined by a Power of Siberia II doubling the natural gas output to China via Mongolia and both projects are part of the historic $400 billion energy deal signed between China and Russia in 2014 with the aim of sending 38 billion cubic meters of gas to China for 30 years.

A similar strategic project is the LNG-2 involving Chinese, Japanese, Indian and Russian companies on a joint project showcasing the importance of Polar Silk Road thinking in alleviating tensions among Pacific neighbors. Global energy analyst Professor Francesco Sassi of Pisa University stated that this project “will see an unprecedented level of cooperation between Japanese and Chinese energy companies in one of the most important Russian energy projects of the next decade”.

Additionally China’s 30% stake in the Yamal LNG pipeline which involves the Silk Road Fund ties China’s energy interests ever more deeply into the heart of Russia’s north east.

Russia’s program of expanding Trans Siberian Rail traffic 100 fold from the current 3000 twenty foot units/year to 300 000 twenty foot units/year by upgrading and doubling rail is vital as well as the program for the completion of the Northern Latitudinal Railway connecting west Siberian ports to the Arctic. On the strategic point of shipping, Russia is not only expanding its fleet of icebreakers to include new models of Project 22220 nuclear powered icebreakers, but also will increase freight traffic to 80 million tons/year by 2025 (up from the current 20 million). Several of Russia’s 40 icebreakers are nuclear powered, making it the only nation in the world enjoying this claim… a title it will enjoy until later this year as China rolls out its first 33,000 ton nuclear icebreaker which will join its growing inventory (already far advanced of both Canada’s and the USA’s dismal capacity).

Part and parcel of Russia’s new 15-year plan for the Arctic are plans to commit state support for broad transport and energy infrastructure via direct investments as well as the creation of “economic preference zones” giving private sector actors tax incentives. State support will also be directed towards efforts to mitigate climate change, scientific research, monitoring of environmental damage and pollution clean up.

The Rise of China as an Arctic Powerhouse

China deployed their first Arctic research expedition in 1999, followed by the establishment of their first Arctic research station in Svalbard, Norway in 2004. After years of effort, China achieved a permanent observer seat at the Arctic Council in 2011, and by 2016 created the Russia-China Polar Engineering and Research Center to develop better techniques to access Arctic resources. In 2012, China rolled out its first icebreaker (Snow Dragon I) and has quickly surpassed both Canada and the USA whose two out-dated ice breakers have passed their shelf life by many years.

As the Arctic ice caps continue to recede, the Northern Sea Route has become a major focus for China. The fact that shipping time from China’s Port of Dalian to Rotterdam would be cut by 10 days makes this alternative very attractive. Ships sailing from China to Europe must currently follow a transit through the congested Strait of Malacca and the Suez Canal which is 5000 nautical miles longer than the northern route. The opening up of Arctic resources vital for China’s long term outlook is also a major driver in this initiative.

In preparation for resource development, China and Russia created a Russian Chinese Polar Engineering and Research Center in 2016 to develop capabilities for northern development such as building on permafrost, creating ice resistant platforms, and more durable icebreakers. New technologies needed for enhanced ports, and transportation in the frigid cold was also a focus.

The Questionable Role of Canada in the Arctic Great Game

Amidst this dramatic rate of Arctic development both towards militarization and towards economic cooperation, the Canadian government has managed to remain remarkably aloof and non-committal.

Despite the fact that a 2016 Foreign Policy Review called for Canada’s integration into the northern missile defense shield last championed by Dick Cheney in 2004, Canada’s policy establishment has not committed to any course and while the field remains open for a potential Arctic policy based on diplomacy and cooperation as a bridge between East and West, time is running out.

On the one side, high ranking war hawks among Washington and Ottawa’s policy elite make every effort to court Canada as a participant of the NORAD/NORTHCOM Strategic Vision as the war drums continue to pound. On the other side, Russia has made its desires for Russian-Canadian Arctic cooperation known as Russian chargé d’affaires Vladimir Proskuryakov stated on April 6:

“Despite political difference between our two countries, prospects for Russia-Canadian Arctic cooperation look wide and generally positive. We should only use our possibilities properly.”

Proskuryakov continued: “Being neighbours across the Arctic Ocean, we want to make maximum use of the Arctic potential as a territory of peaceful dialogue and sustainable development, which naturally combines realities and technological solutions of the 21st century with cultural and historic traditions of the indigenous populations.”

If Russia’s hopes for collaboration are to make any headway, then it is certain that Canada’s September 2019 Arctic and Northern Policy Framework will play a role. This framework was an honest attempt by the Federal government to create a “long term strategic vision for activities and investments for Arctic 2030 and beyond”. Having committed to an $800 million fund for Arctic development and amplifying the National Trade Corridors Fund of $2.3 billion/year for 11 years devoted to transportation infrastructure, Canada’s Transportation Minister Marc Garneau called for northern infrastructure proposals in October 2020 with a March 2021 deadline saying:

“Efficient and reliable transportation networks are key to Canada’s economic prosperity. Enhancing Arctic and northern transportation will support trade diversification and social development and ensure greater connectivity for Northerners. I encourage eligible transportation infrastructure owners, operators and users to apply for funding under the National Trade Corridors Fund.”

Sadly, months later, the deadline came and went with no concrete projects placed on the table and no mechanisms established to carry out any potential construction. No funding mechanisms were set in place and without a vision the potential use of the Canadian Infrastructure Bank or Bank of Canada continues to go untapped.

The only concretized policies for the Arctic put in place by the Trudeau government during this time are a stark inversion of actual development with three omnibus bills C-48, C-69 and C-88 passing in short order under the fog of a climate emergency declared by the Parliament. Under these bills, a moratorium was placed on all oil tankers in Northern BC stretching from Vancouver to Alaska (C-48), total bans on offshore drilling were passed declaring Arctic waters off limits to development (C-88) and environmental review processes-already among the most elaborate and bureaucratic among developed nations, was expanded (C-69), making new energy projects in the Arctic nearly impossible.

The Private Sector Steps In

When opportunities to connect Canada’s interests with China were advanced, as seen in the case of China’s efforts to purchase Canadian construction giant Aecon Inc in 2018 or the Hope Bay TMAC Resources in Nunavut in 2020, the Federal Government swept in at the last minute to kill the deals ensuring that no Chinese capital would have any influence in Canada’s development prospects.

Stephen van Dine (VP of Public Governance at Canada’s Institute of Governance) wrote that pension funds, the Canadian Infrastructure Bank and Bank of Canada should be used to play a positive role in arctic development. Van Dine wrote in January 2021: “The Canadian arctic is almost investment-ready for the next 50-100 years with a reliable, predictable infrastructure program for schools, public housing, health centers and power generation. What’s missing is a long-term plan.”

Frustrated with this commitment to inaction, Canadian business leaders at various times formed consortiums outside of the influence of Ottawa as seen in the Alaska-to-Canada Railway Development Corporation which won the support of both the Albertan government as well as former President Donald Trump in September 2020. The A2A Program called for building 2500 miles of rail and finally closing the gap separating Canada from Alaska, which to this day remains one of the most underdeveloped frontiers on earth. Despite the billions of dollars of annual federal transfers to the native bands of each of the northern territories, drug abuse, suicide rates, depression and school drop out rates are magnitudes higher among the static, disconnected northern communities of Canada relative to the national average.

Many were curious if Biden would continue Trump’s support of this program but considering the new president’s swift killing of the Keystone XL pipeline and his passage of Executive Orders ensuring a total halt to all economic development of Arctic resources, the answer has become less ambiguous. These orders made Biden’s ideological stance on Arctic economic development and the A2A Project transparent, and also defined what should be expected of the Biden-Trudeau “Roadmap for a Renewed U.S.-Canada Partnership”.

Another group of thought leaders representing interests in the public, private and academic centers, frustrated at the plague of stasis recently formed a group called Arctic360 with the mandate to drum up support for a positive vision for Canada’s High North. Comparing Canada with other members of the Arctic Council, Jessica Shadian (President and CEO of Arctic360) wrote:

“When it comes to Canada’s truly competitive advantage for becoming a global leader in innovation it is time to break out of the usual mould and go where few Canadians go: the North. One just needs to glance at Canada’s Nordic Arctic neighbours to see that there is precedence. The often-made arguments as to why the North is an inopportune place for everything from living to working to starting a business or building a road is its real advantage. That the North is vast, cold, remote, dark six months of the year, has harsh weather and a critical infrastructure gap is one of Canada’s biggest innovation assets. Add to this, that the North is home to many of the critical minerals that China and others want for building technologically advanced infrastructure. The North could be Canada’s unrealized key to leap-frog existing infrastructure and industries and play a global leadership role in 21st Century innovation. The question is whether we have the ambition or the conviction to lead.”

A True Vision for Inter-Civilizational Cooperation: The Bering Strait Corridor

It was in March 2015, foreseeing the Arctic extension of the Belt and Road Initiative by a number of years, that former Russian Railways president Vladimir Yakunin, brilliantly called for a Trans-Eurasian Development Belt with rail stretching all the way up to the Bering Strait crossing and integrating into Asia. Yakunin, who for years has been a proponent of the connection of the Americas and Eurasia by rail, said the project should be an “inter-state, inter-civilization, project. It should be an alternative to the current (neoliberal) model, which has caused a systemic crisis. The project should be turned into a world ‘future zone,’ and it must be based on leading, not catching, technologies.”

Having been originally conceived in the 19th century as outlined by Governor William Gilpin in his 1890 Cosmopolitan Railway, and supported by Czar Nicholas II who sponsored feasibility studies on the project in 1906, the Bering Strait tunnel connecting Eurasian and American continents fell from general awareness for decades. It was briefly revived during discussions held between FDR’s Vice President Henry Wallace and Russian Foreign Minister Molotov in 1942 but was again lost under the fog of Cold War insanity. This century-old idea again resurfaced when Russia signaled its willingness to construct the project in 2011 offering over $65 billion towards its funding, which only required the cooperation of the United States and Canada. China put its support behind the Bering Strait Tunnel in May 2014.

While such a grand design would provide the most direct pathway for the west to synchronise our development paradigm with the Polar Silk Road, and Greater Eurasian Partnership, it is admittedly a far cry from the realities plaguing current geopolitical thinking.

The best that can be hoped for in the short term would be a successful war avoidance strategy adopted by Ottawa in alignment with Moscow’s desires for cooperation on the field of anti-coronavirus programs, education and arctic medical needs and environmental management. If these simple trust building mechanisms can begin to take hold, and if war hawks are kept at bay, then perhaps Canada can eventually play the role of intermediary and diplomatic bridge both for the benefit of its own citizens and the wellbeing of the world as a whole.

Tyler Durden
Tue, 04/27/2021 – 00:00

via ZeroHedge News https://ift.tt/3sZwOul Tyler Durden

Company Weaponizes Soldiers’ Smartphone Data To Expose US Military Secrets

Company Weaponizes Soldiers’ Smartphone Data To Expose US Military Secrets

As pressure mounts on Big Tech firms to curb their invasive data-harvesting practices first implemented to cultivate valuable personal data that can be packaged and sold to advertisers for a premium (indeed, this is how the “free Internet” was built), WSJ has just published a shocking story about how one firm (a defense contractor called “PlanetRisk”) discovered it could track sensitive movements of American troops in Syria via data generated by apps on their smartphones.

After making the discovery, the firm used the data to build a surveillance tool that could monitor the travel of refugees from Syria to Europe and the US. The goal was to sell the finished product to the counter-terrorism and intelligence communities.

But, as WSJ pointed out, “buried in the data was evidence of sensitive US military operations by American special-operations forces in Syria.”

The fear now is that this data can be bought and sold by America’s adversaries to gain valuable intelligence insights into the movements of American forces. Many vendors now sell “global location information from mobile phones to intelligence, military and law-enforcement organizations.” The US has struggled to effectively monitor what “software service members are installing on devices and whether that software is secure.”

“Our country’s intelligence leaders have made it clear that putting Americans’ sensitive information in the hands of unfriendly foreign governments is a major risk to national security,” he said.

This isn’t a new issue. Back in 2019, the Trump Administration moved to force the divestiture of Grindr, the LGBTQ-friendly dating app, which the military and CFIUS – the Commerce Department’s board that reviews foreign deals – largely over concerns that data gleaned from the app might be weaponized to track US troops.

What PlanetRisk revealed could easily be replicated by an American adversary. The company simply traced cell signals from US bases in Syria to an abandoned cement factory back in 2016. This was before US special forces use of the area as a staging ground had become public knowledge. What’s more, PlanetRisk could monitor the movements of American troops even while they were out on patrol, a serious operational security risk that opened units up to being targeted by enemy forces.

When PlanetRisk traced telephone signals from US bases to the Syrian cement factory in 2016, it hadn’t been disclosed publicly that the factory was being used as a staging area for U.S. and allied forces.

PlanetRisk resolved to use its discovery to build a new tool and sell it to intelligence agencies, but it was beaten to market by a competitor and the firm eventually dissolved. But in its reporting, WSJ managed to replicate PlanetRisk’s findings, tracking movements at the same cement factory in 2017 and 2018 from a commercial data broker and analytics company that wished to remain anonymous. The Journal tracked the movements of people who appeared to be American special ops, just as PlanetRisk had.

WSJ also tracked the data to US facilities such as Fort Bragg, Fort Hood in Texas or tiny desert outposts such as the US-run Camp Buehring in Kuwait before later traveling to the Lafarge Cement Factory in northern Syria.  Although these data sets don’t contain personalized names, each individual is assigned an alphanumeric identifier designed for advertisers. But, as WSJ points out, the places associated with a device can offer clues that can in turn be weaponized. While the US has allowed personal data to become a commodity – which led to the backlash in 2018 and 2019 in the wake of the Facebook-Cambridge Analytica scandal.

Source: WSJ

While the US government has taken steps to teach operational security best practices to troops, there’s little doubt that the US system’s approach to commercializing data on behalf of the advertising and technology industries has created massive security holes. And unsurprisingly, China is getting better at exploiting them, while at the same time banning the export of data on its own citizens to prevent any rival countries from tracking its citizens and military personnel in the same way.

Tyler Durden
Mon, 04/26/2021 – 23:40

via ZeroHedge News https://ift.tt/3nqCFaV Tyler Durden

Jailing Of 4 Doctors For Illegal Organ Extraction In China Casts Spotlight On Forced Organ Harvesting

Jailing Of 4 Doctors For Illegal Organ Extraction In China Casts Spotlight On Forced Organ Harvesting

Authored by Frank Fang via The Epoch Times,

A criminal case involving unauthorized organ procurement surgery conducted in an unlicensed ambulance in China is casting a spotlight on Beijing’s continued efforts to cover up its state-sanctioned practice of harvesting organs from prisoners of conscience.

Last July, four doctors from eastern China were sentenced to between 12 and 28 months in prison after being found guilty for their roles in illegally extracting the liver and two kidneys of Li Peng, a hospital patient, after her death.

According to China’s state-run media, Li’s liver ended up at a military hospital in China’s capital Beijing, and her kidneys went to a hospital in neighboring Tianjin for transplant. Both hospitals have been identified by a U.S.-based nonprofit as suspected centers for the forced extraction of organs from living political prisoners.

The doctors, as well as two other accomplices, were charged after Li’s son, Shi Xianglin, alerted authorities that his mother’s donation record was not registered in China’s official donation database. Shi began to suspect that something was amiss after he found out that his cousin Shi Zijun was paid 200,000 yuan (about $30,780) two days after his mother’s organs were removed. Under China’s official organ donation program, donors are not compensated, according to Chinese authorities.

The money was paid by local businessman Huang Chaoyang, who was also sentenced to 10 months in prison last year over his role in the unauthorized organ extraction. According to China’s state-run media, Huang Chaoyang was a businessman selling medical equipment.

The four doctors later appealed their sentences, arguing that what they did was a “state-endorsed” duty since they were simply following orders from their hospital supervisors.

Illegal Organ Extraction

Li, a 53-year-old woman living in Huaiyuan County in eastern China’s Anhui Province, died at the local hospital, the People’s Hospital in Huaiyuan County, on Feb. 15, 2018. Four days earlier, she had been rushed to its intensive-care unit (ICU) after being wounded by her stepson during an axe attack.

On Feb. 12, 2018, after spending one day in the ICU, Li was determined to be in a life-threatening condition with signs of imminent respiratory failure.

Yang, a deputy chief physician and director of the hospital’s ICU, was the doctor looking after Li when she was admitted to the unit.

It was Yang who persuaded Li’s husband and daughter to sign a voluntary organ donation form, after promising that they would be paid. Initially, Yang promised that the family would be paid 160,000 yuan (about $24,630) but increased the payment to 200,000 yuan at the demand of Li’s nephew Shi Zijun. Li’s husband and daughter signed the form on Feb. 14, 2018, one day before Li’s death.

Authorities in China, however, claim that all organ donors are non-remunerated donors.

After getting the family’s approval, Yang called Huang Xinli who worked at a hospital in nearby Nanjing City about an organ extraction, and Huang made the decision that Li’s organs would be suitable for organ transplantation surgery.

At the time, Huang was a chief physician at the Nanjing Drum Tower Hospital, which is affiliated with Nanjing University Medical School. Prior to his employment there, Huang had worked at Jiangsu People’s Hospital, a state-run hospital located in the eastern Jiangsu Province’s capital Nanjing.

Huang then arranged to have his former colleague Lu Shen, and another doctor Wang Hailang remove Li’s organs in an ambulance. Lu was the chief physician in hepatobiliary and pancreatic surgery at the Jiangsu People’s Hospital. Wang was a doctor in stomatology at the Huaibei Miners General Hospital in Anhui.

Li’s organs were removed immediately after her death, but it was unclear where the ambulance was parked when the surgery took place.

The unlicensed ambulance was owned by Ou Yang, who received a one-year-one-month sentence in the same trial as that against businessman Huang Chaoyang and the four doctors. According to China’s state-run media, Ou bought the ambulance from a government health center in Anhui’s Suzhou City in 2015. Since then, he got a new license plate for the ambulance and began using the vehicle to transport patients from areas near local hospitals.

At the trial at a local court in Anhui in July, all four doctors were convicted of the crime of intentional destruction of a corpse.

While Lu was found liable for extracting organs from Li only, the other three doctors were found guilty of engaging in unauthorized organ procurement surgeries on 10 other individuals in Huaiyuan County between 2017 and 2019.

Details of these 10 individuals are not known, but Huang was found to be the main surgeon behind the procurement surgeries on these people. Ou, the owner of the unlicensed ambulance, was also involved in the illegal removal of organs from seven of the 10 individuals.

Lu was sentenced to one year in prison, while Huang, Yang, and Wang were sentenced to two years and four months, two years and two months, and two years in prison, respectively.

The four doctors appealed to an intermediate court in Bengbu, a city in Anhui. The court rejected their appeals and upheld the lower court’s ruling in August. They had argued that their actions were authorized as they were following orders from their hospital superiors.

On April 19, Chinese news portals Tencent and NetEase reported that Lu Dahai, an alias for Lu Shen, said that he had appealed his case to the province’s highest court, the Anhui’s Higher People’s Court.

Organ Harvesting

The two hospitals that took Li’s liver and kidneys respectively—the People’s Liberation Army (PLA) No. 302 Hospital and Tianjin First Central Hospital—have been named by the U.S.-based World Organization to Investigate the Persecution of Falun Gong (WOIPFG) for their suspected roles in forcibly harvesting the organs from prisoners who practice Falun Gong.

The PLA hospital has carried out a large number of liver transplant surgeries. According to the WOIPFG, the number of these surgeries reached 310 between April 2005 and April 2010, and 146 between May 2010 and December 2012.

Adherents of Falun Gong, a spiritual exercise also known as Falun Dafa, have been targeted for persecution by the Chinese regime since 1999. Millions of practitioners have been thrown into prisons, labor camps, psychiatric wards, and other facilities, according to the Falun Dafa Information Center.

In the 2000s, reports emerged that the Chinese communist regime was systematically killing detained Falun Gong practitioners for their organs to use for transplantation. At the time China did not have an official organ donation program, and Chinese officials said organs mainly came from executed prisoners.

Amid the growing scrutiny of China’s organ transplant system, the regime announced that starting Jan. 1, 2015, it would stop sourcing organs from executed prisoners and claimed that it would executively rely on a new system of voluntary donations. However, Beijing’s claim was refuted by a 2019 report by a London-based people’s tribunal.

The report concluded, after a year-long investigation, that the stated-sanctioned practice of forced organ harvesting was happening on a “significant scale” in China, with Falun Gong practitioners being the main source of organs.

An investigative report by The Epoch Times in 2016 concluded that tens of thousands may have been killed at the Tianjin First Central Hospital, as the hospital carried out more transplants than the supply of organs from executed prisoners could support.

On April 13, the WOIPFG released an investigative report into the Jiangsu People’s Hospital. In November 2018, a doctor at the hospital did not deny that they sourced transplant organs from Falun Gong adherents when answering a phone inquiry by a WOIPFG investigator, who posed as a Chinese Communist Party (CCP) official. The doctor also said that a liver transplant surgery could be arranged in less than two weeks.

The report also included a 2017 audio recording of a phone conversation between a WOIPFG investigator, who posed as someone making inquiries about liver transplant surgeries, and an unnamed liver transplant doctor at the hospital. The doctor said an organ was available as soon as two weeks, a waiting time shorter than that at the nearby Nanjing Drum Tower Hospital.

The Nanjing Drum Tower Hospital is also on WOIPFG’s list of hospitals likely to be involved in forced organ harvesting.

Shifting the Narrative

That Li’s case was widely reported by China’s state-run media and not censored is significant, said WOIPFG’s Chair Wang Zhiyuan in a recent interview with the Chinese-language edition of The Epoch Times.

Wang said that the CCP was trying to use the news to spin a narrative around organ harvesting in China—by trying to create a story that these crimes are all committed by individuals and that it is the Chinese authorities who are trying to stop them.

In reality, China’s state-sanctioned practice of harvesting organs from prisoners of conscience is an expansive endeavor involving cooperation among government agencies affiliated with the CCP’s Central Political and Legal Affairs Commission, the Chinese military, police units, military police, as well as regional Party and government agencies, Wang said.

He said the sentences handed down on the doctors were quite lenient because, while the CCP wanted to use the case for propaganda purposes, it also did not want to draw too much attention to the matter because the doctors were likely acting on orders from their hospitals.

Based on recent findings, Wang said some Chinese hospitals are clearly still engaging in live organ harvesting from Falun Gong adherents.

Organ harvesting in China has attracted greater scrutiny in the West in recent years, especially as the United States and other democracies are stepping up their criticism of the CCP over its array of severe human rights abuses.

In the United States, eight counties in Virginia have passed a resolution condemning China’s ongoing practice of harvesting organs from prisoners of conscience. On April 15, the Texas Senate adopted a similar resolution.

In early March, U.S. lawmakers in both the Senate and House introduced legislation to seek accountability for China’s organ harvesting. If enacted, the bill would allow the U.S. government to impose sanctions on individuals and government officials responsible for organ trafficking or organ harvesting. 

Tyler Durden
Mon, 04/26/2021 – 23:20

via ZeroHedge News https://ift.tt/2S7m5S7 Tyler Durden

Is Joe Rogan’s Spotify Exclusivity Damaging His Relevance?

Is Joe Rogan’s Spotify Exclusivity Damaging His Relevance?

Joe Rogan made the headlines last year when his highly lucrative exclusivity deal with Spotify was revealed. The Joe Rogan Experience, one of the most successful podcasts in the world first appeared on Spotify on September 1 and from December 1, all episodes were released exclusively on the streaming platform, having previously boasted a huge following on YouTube.

While the financial benefits for Rogan and the show are undeniable, Statista’s Martin Armstrong asks (and answers) has restricting his reach led to a drop in relevance? Google Trends data for the U.S. suggests that this may be the case. As originally covered by TecTalk, there has been a clear dampening of search interest for the term ‘Joe Rogan’ since the episodes were moved over to Spotify. Previous spikes of interest generated when the show was more widely accessible have largely disappeared, relatively speaking.

Infographic: Is Joe Rogan's Spotify Exclusivity Damaging His Relevance? | Statista

You will find more infographics at Statista

As noted by TecTalk “In the six months leading up to the show’s December 1st exclusive start, [there was] an average search index for ‘Joe Rogan’ of 57.9. After the week of December 1 that index value has dropped to 34.6, which constitutes a 40.2 percent drop in search volume.” Although the podcast is not behind a paywall, Spotify’s popularity and accessibility is still nothing compared to that of YouTube and, despite the integration of video, the chances of an episode going viral are clearly lower at the moment.

All that said, his latest discussion with libertarian comedian Dave Smith is a much-watch/listen as the two cover everything from America’s regime change foreign policies to Alinksy-ite domestic policy shifts, to COVID corruption, to diversity training, to vaccine passports, to running for president (as a libertarian candidate) and, quite frankly, everything else in the current zeitgeist…

Tyler Durden
Mon, 04/26/2021 – 23:00

via ZeroHedge News https://ift.tt/2R4JT8o Tyler Durden