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Showing posts with label Britain. Show all posts
Showing posts with label Britain. Show all posts

Tuesday, October 07, 2025

7: India

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

The Banyan Revolt (novel)
जेन जी क्रान्ति (उपन्यास/हिन्दी) (free)
जेन जी क्रान्ति (उपन्यास/नेपाली) (free)
जेन जी क्रान्ति (उपन्यास/मैथिलि) (free)
Gen Z Kranti (novel)
Madhya York: The Merchant and the Mystic (novel)
Side Hustles That Work In 2025
Frugal Living Tips That Work
The AI Marketing Revolution: How Artificial Intelligence is Transforming Content, Creativity, and Customer Engagement
100 Questions That Lead To Understanding
The Convergence Age: Ten Forces Reshaping Humanity’s Future
Kalkiism: The Economic And Spiritual Blueprint For An Age Of Abundance
The Last Age: Lord Kalki, Prophecy, and the Final War for Peace

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Tuesday, October 25, 2022

25: Rishi Sunak

"with Democrats banking they can hitch Republican candidates to an unpopular supreme court decision to overturn federal guarantees of a woman’s right to abortion. Republicans, meanwhile, are laser-focused on high inflation rates, economic troubles and fears over crime. ........political forecasting has become Moore’s business since he correctly called that Donald Trump would win the national elections in 2016, against common judgment of the media and pollsters businesses. ....... this will be “Roe-vember” ........ “If I said to you six months ago, ‘you know Kansas, right? It’s a huge pro-abortion state and this summer by a margin of 60% they’re going to keep abortion legal’ you’d think I had made a crazy statement,” he says. ....... “If I’d told you at the same time that in the congressional election in Alaska, a hard red state, that it’s not only going to be won by a Democrat but a Native Alaskan Democrat, again you’d have to question if I was out of my mind.” ........ Boise, Idaho, where an incumbent Republican candidate for the board of education was endorsed by a far-right group, the Idaho Liberty Dogs, and lost to an 18-year-old high school senior and progressive activist, Shiva Rajbhandari, who was also co-founder of the Boise chapter of the climate group Extinction Rebellion. ....... Moore predicts the election will see a record turnout of younger voters whose views pundits and commentators often miss. “If you spend any time with women, the Dobbs decision struck them personally and deeply. This was a religious edict based on conservative Catholic principles.” ......... The Democratic party consultants are feeding lines that are so lame and weak. They don’t go for the jugular like a Republican would. It doesn’t inspire people at home.” ........ the biggest political grouping in the US is not Republicans or Democrats, but non-voters. This non-voter party, which is perhaps the most potentially powerful but also the most inaccessible, is the group Moore wants to reach. .......... “The non-voter party don’t see how politics benefits them, they’re disgusted with the hypocrisy, a lot are disgusted with the crazy fighting that goes on, and the craziness that Trump amped up,” Moore says, adding that when he turns on the TV in the evening he doesn’t necessarily go to a news channel but looks for a comedy. ....... it could be as simple as calling a cousin who doesn’t vote to give her reasons why, this time, it’s important and that “she can go back to non-voting after this.” ...... “Aren’t you tired of nothing getting done? All this deadlock bullshit. One way to undo this logjam is to give Democrats a chance to pass legislation and let’s see how it works out. "

Ukraine war heading for ‘uncontrolled escalation’, says Russia Moscow appears to be preparing ground for further escalation with discredited claims that Kyiv may use ‘dirty’ bomb ........ “The allegation that Ukraine is preparing to use dirty bombs in Ukraine is absurd.” ....... Kyiv and its western allies, which have been supplying Ukraine with modern weapons, intelligence and training. ........ Shoigu discussed the “rapidly deteriorating situation” in phone calls with his British, French and Turkish counterparts and also spoke by phone with the US defence secretary, Lloyd Austin, for the second time in three days. The Pentagon said Austin told Shoigu he “rejected any pretext for Russian escalation”. ............ “I worry there is too much motivated reasoning in dismissing possible Russian nuclear use. We don’t want it to happen, and/or we don’t see the point, therefore it won’t. But Russia faces logic of dwindling choices as it loses. Escalation of all kinds more likely.” ........... Russia accused western countries of having “essentially stolen” its gold and foreign exchange reserves via sanctions. Asked by reporters about an EU proposal to transfer frozen Russian assets to Ukraine, Peskov said: “In general, a part large of our assets have been essentially stolen by specific western countries.”

New Tory leader Rishi Sunak says party facing ‘existential threat’ Incoming prime minister says Tories must ‘unite or die’ and rules out early general election ........ Ruling out an early general election, he said he would lead a government of serious Conservative values and make his first priority tackling the economic crisis. ....... Five minutes after Mordaunt’s withdrawal, Sir Graham Brady, the chair of the Conservative backbench 1922 Committee, formally announced the result. “I can confirm that we have one valid nomination, and Rishi Sunak is elected as leader of the Conservative party,” he said. ......... had secured the backing of more than half the parliamentary party by Monday morning. ......... Sunak told MPs that his ambition was to have a “highly productive UK economy” ........ He said a stable and productive economy would be the engine that drives a well-funded health and education service and delivers on net zero, and he said it would be an “environmentally focused government.” ........ Sunak, whose parents are of Punjabi Indian heritage, will be the first person of colour to become British prime minister. ........ Benjamin Disraeli, who held the office twice between 1868 and 1880, was of Jewish heritage. At 42, Sunak is the youngest prime minister for more than 200 years. ........ His victory, in effect a coronation with not a single formal vote being cast, even by MPs

Rebels plot to replace Liz Truss with Rishi Sunak amid UK crisis among those who voted for the Conservatives at the last election, 62 per cent that party members had made the wrong choice when the race was shortlisted between Truss and Sunak, compared with 15 per cent who said they had got it right.

Rishi Sunak's rise signifies the arrival of the Indian diaspora New generations of emigrants have successfully plunged into local politics ......... The success of Rishi Sunak, former British chancellor, at winning a place in the runoff to be the next leader of the U.K.'s ruling Conservative Party and the country's next prime minister has triggered intense excitement and interest in India and among its 32 million-strong diaspora around the world. ........ The prospect of a young politician who hails from a family of Punjabi emigrants to East Africa and Britain making it to the top office of India's former colonial master has tantalized observers. ........ it should be placed in the context of growing self-confidence and self-expression among the Indian diaspora as a whole. ......... In the past few decades, numerous political success stories have emerged from among the Indian diaspora. ......... There are now seven heads of government and state from the Indian diaspora in countries ranging from Portugal, Singapore, Suriname and Guyana to Mauritius and the Seychelles. Others serve in senior executive, legislative, judicial or party roles, such as U.S. Vice President Kamala Harris and Jagmeet Singh, head of Canada's opposition New Democratic Party. ........ Kamala Harris, for example, has credited her Indian mother from the state of Tamil Nadu as inspiration for her entry into public life in the U.S. "My mother had been raised in a household where political activism and civic leadership came naturally," said Harris. ........ Sunak has praised his in-laws, Indian information technology pioneers and philanthropists Sudha Murty and Narayana Murthy. "[Theirs] is a story I'm really proud of and as the prime minister, I want to ensure that we can create more stories like theirs here at home," he told British voters. ....... Despite facing racism and prejudice, many persons of Indian origin have displayed pragmatism and determination to prove their worth. ......... It is not a statistical fluke that the Indian diaspora is one of the richest minority communities in most developed countries, boasting of higher education levels and per capita incomes on average than other immigrant groups and even the majority ethnic groups in some host countries. ......... Since there is a direct correlation between education, wealth and political clout in democracies, the political rise of the diaspora Indian stands on strong structural foundations. .......... Another factor that is propelling the political ascendance of diaspora Indians is the formation of their own ethnic associations and lobbies. Akin to successful Jewish groups which have helped support Israel's interests worldwide, these associations of Indian-origin people are now advocating for New Delhi's interests in various countries and are having an impact on policymaking. ........ Consider the recent vote by the U.S. House of Representatives to waive potential sanctions against India over its purchase of advanced Russian weapons systems. This proposal was shepherded by California Rep. Rohit Khanna, a member of the so-called "samosa caucus" of U.S. diaspora Indians who support one another and maintain ties with the government of Prime Minister Narendra Modi. By no coincidence, Modi is an ardent champion of the diaspora. ........... Sunak's contention that his candidacy for Britain's highest office is "not the end of the British Indian story" and that "there is lots more we can achieve" is a direct acknowledgment of a triangular connection between India, its diaspora in the U.K. and his own spectacular political surge. ........ India itself may not be taking over the world, but its civilizational progeny are definitely going places.



A dim future awaits a closed-off China Surging nationalism and heavy-handed policies have left Beijing isolated ....... China's rapid growth has been made possible by a global economy. No country has enjoyed the benefits as much as China, and Beijing cannot live in isolation from the rest of the world. ...... China's foreign and security policies, which emphasize strength, have created an atmosphere in which Beijing is willing to face off against governments with which it once had good relations, such as the U.S., Europe and Japan. The low-profile foreign policy of the Deng Xiaoping era, characterized by hiding one's claws and biding one's time, has been overwhelmed by the cries for a strong nation. ........ Also troubling is that the economic and cultural policies of Deng's "reform and opening up" strategy have been drowned out. Xi has pushed for "common prosperity," with an emphasis on economic equality. Hidden here is a political agenda to surpass the achievements of Deng, who actually brought prosperity to China. There is much opposition within the country to Xi's move to explore a return to China's socialist origins. ........ China's strict zero-COVID policy has resulted in economic exhaustion and de facto isolation, reducing person-to-person exchanges with other countries. As long as China continues to be closed off, its future does not look bright. ......... Hong Kong, once a window to the wider world, has been deprived of its freedom in the name of national security. Beijing touts the principle of "patriots ruling Hong Kong," but only patriots as defined by the Communist Party. This is the death of a free Hong Kong. .......... On the issue of Taiwan, Xi said, "Realizing China's complete reunification is, for the party, a historic mission and an unshakable commitment," stressing that "we will never promise to renounce the use of force, and we reserve the option of taking all measures necessary." ......... the Chinese Communist Party is a dictatorship governing the world's second-largest economy and 1.4 billion people. The confrontation between the U.S. and China, Taiwan's status, and many other issues will have a major global impact, so there is no choice but to watch the party carefully. ........ economic achievements directly related to people's lives have been few over the past decade. The economic growth rate is also trending downward, and public dissatisfaction has surfaced in some parts of the country.

Modi is turning India's nonalignment policy into a business model Top officials advance export drive by promoting wares of state-owned arms makers ......... Subrahmanyam Jaishankar is the first career diplomat to serve as India's external affairs minister. Unlike many of his predecessors, he has also had experience in the private sector, serving as president of global corporate affairs for the Tata Group for about a year just before taking up his current role. ......... His unique background, coupled with the "Make in India" and "Atmanirbhar Bharat" drives by the administration of Prime Minister Narendra Modi to promote foreign investment and self-reliance, respectively, are reshaping the country's foreign policy. ......... Unlike preceding administrations, the Modi government is not seeking to have one foot with the global South and one with the West in deference to the principle of nonalignment, nor is it motivated by what its developed-country partners call shared values. ..........

behind the veneer of India's balancing act are trade and economic interests, particularly in terms of energy, defense, pharmaceuticals and high technology.

....... India is now poised to be the fastest-growing major economy this year, with the International Monetary Fund last week forecasting a gross-domestic product rise of 6.8%. This would be more than double the pace of China or the world as a whole at a time when developed countries look poised to enter recession. ......... the Indian finance ministry credits purchases of discounted Russian oil as a key factor in the country's strong macroeconomic performance. ........ Beyond cheap oil, India is also taking advantage of the growing geopolitical fractures to sell more arms abroad, increase space cooperation and develop markets for its pharmaceuticals. ....... Visiting Argentina last month, Jaishankar pointedly used that country's name for the Falkland Islands, Islas Malvinas. This was not just a show of solidarity with a fellow member of the global South but part of a sales pitch for the Tejas fighter jet made by state-owned Hindustan Aeronautics. Buenos Aires aims by year-end to finalize a decision between competing models, including offers for the U.S. F-16, Russia's MiG-35, and the JF-17 made jointly by China and Pakistan. ......... The Tejas is billed as an affordable alternative to the F-16 and other Western fighters, and even to the JF-17. Priced at $42 million a plane with an operating cost of around $4,000 an hour, the Tejas is the cheapest lightweight combat aircraft available. ........ The Philippines, meanwhile, earlier this year finalized a $375 million deal to buy supersonic BrahMos missiles from the Defence Research and Development Organisation (DRDO), another Indian state-owned arms producer. Vietnam is also a target market for Indian defense companies. ........ Indian arms makers have other advantages besides price over their established American rivals in pitching to countries in the global South. U.S. arms makers are handcuffed by Washington's alliance policies, which fracture the world into camps. Thus the DRDO is working on a deal to sell Pinaka Mark-II guided missile systems to Armenia, a longtime Russian ally. ...... India's participation in the new

I2U2

grouping with Israel, the U.S. and the United Arab Emirates also shows how economic interests are taking precedence over past ideological priorities, in this case, support for the Palestinian cause. That effort now yields little economic benefit for New Delhi while the I2U2 in July set plans for a $2 billion series of food-sector industrial parks in India and a $330 million renewable energy project in Modi's home state of Gujarat. ........ turning top government officials into business development managers charged with cultivating foreign markets is one way to advance the effort.......... India's concept of a multipolar world can be more than geopolitical balancing between global powers but also a geoeconomic endeavor carefully crafted to take advantage of different opportunities in each country.



How Xi Jinping Remade China in His Image

"And yet, these artists “have continued to innovate, lyrically and sonically, breathing new life into the genre.” .......... a pragmatic awareness that hip-hop can provide a safer and more lucrative hustle for a lucky few. ....... “Atlanta is never going to lose.” “Any kid with 500 dollars and a … dream,” he tells Coscarelli, “can come to Atlanta and … make it.” ...... Perhaps most moving is the depiction of Marlo, an aspiring rapper and Percocet addict who practices the Yoruba religion of Ifa and sojourns to Nigeria seeking spiritual guidance, and growth. He describes the “unlikely Atlanta interloper” Brodinski, a French producer and D.J., as “slim, tattooed and stylish,” representing “a benevolent version of another common hip-hop archetype: the white ambassador — usually a writer, D.J., producer, designer or executive, who at various points in the genre’s jagged commercial development had helped to take rap to different places in the popular consciousness out of some combination of self-interest, artistic commitment and opportunism.” Coscarelli stops just shy of applying the moniker to himself, but the line is a refreshing admission of the knotty role his own whiteness plays in telling this story. .......... hip-hop is a year shy of 50 ....... Making relatively brief reference to hip-hop’s emergence in the ’70s, Coscarelli writes about Atlanta rap as if it is the messiah child that sprang from no one’s loins. ......... a culture that remains stubbornly, predominantly male. "

Shehan Karunatilaka Wins Booker Prize for ‘The Seven Moons of Maali Almeida’ The Sri Lankan writer received the award, one of the most prestigious literary prizes in the world, for his second novel, which examines the trauma of his country’s decades-long civil war. ........ As a boy living through Sri Lanka’s civil war in the 1980s, Shehan Karunatilaka thought of political violence as part of the landscape. War was a constant backdrop to daily life, more mundane than frightening at times. ......... the afterlife: a tedious, dysfunctional bureaucracy, where hordes of confused ghosts are waiting to be processed. ......... “It’s a book that takes the reader on a roller coaster journey through life and death.” ....... The judges, who were unanimous in choosing “The Seven Moons of Maali Almeida,” were won over by “the variety of registers it was deploying, the skill with which language was used, and the confidence with which it shifted genre,” from noir to philosophical reflections to comedy ....... Karunatilaka was born in  Galle, Sri Lanka, in 1975, and grew up in Colombo, the capital. He studied in New Zealand, and went on to work and live in London, Amsterdam and Singapore. He has worked as an advertising copywriter, and played guitar in an alternative rock band, Independent Square. He currently lives in Colombo, where he still writes ad copy during the day and works on his fiction in the early morning. ........ Karunatilaka wondered what processing the lingering trauma of war would feel like if the dead could speak, and thought about writing a ghost story. ...... he imagined the afterlife as a bland bureaucracy: “The afterlife is a tax office and everyone wants their rebate,” he writes. ........ “Maybe that is a plausible explanation for why Sri Lanka seems to go from tragedy to tragedy, that there are all these restless spirits and ghosts wandering around, confused, not sure what they’re supposed to do, and they amuse themselves by whispering bad ideas into people’s ears” ....... a war photographer named Maali Almeida wakes up dead, without a clue as to how or why he was killed. He sets out to solve the mystery of his own murder, and figures he’s been targeted for his explosive photographs ........... is told he has “seven moons” to learn who killed him and to uncover his cache of photos ......... The novel, which was published in Britain in August by Sort of Books, an independent British publishing house, drew comparisons to magical realist works by Salman Rushdie and Gabriel García Márquez.

A Secret Deal, Wishful Thinking: How the U.S.-Saudi Relationship Ruptured Ahead of President Biden’s trip to Saudi Arabia this summer, his administration thought it had secured pledges of increases in oil production throughout the year. The opposite happened. ........ What happened over the last half-year is a story of handshake agreements, wishful thinking, missed signals and finger-pointing over broken promises. ......... The episode is also a revealing example of how Saudi Arabia, under the leadership of its ambitious and often ruthless crown prince, appears eager to shed some of its longtime reliance on the United States, with Prince Mohammed trying to position Saudi Arabia as a powerhouse of its own. .......... “Deconstructing Saudi decision-making right now is like Kremlinology on steroids” ......... “Saudi Arabia’s refusal to ​​stabilize global energy markets is helping bankroll Vladimir Putin’s war crimes in Ukraine.” ........ “I keep listening to, ‘Are you with us or against us?’ Is there any room for, ‘We are for Saudi Arabia and the people of Saudi Arabia’?” he said. “We will have to deliver our ambitions.”

Why Natural Gas Prices in Europe Are Suddenly Plunging A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices — for now........ The benchmark European price of natural gas this week fell to a level that is more than 70 percent below its record high in August. One of the main reasons for the plunge in prices is that Europe, at least for now, has all the natural gas it needs. ........ over the summer, Europe went on a global buying spree ......... Special ships with huge amounts of liquefied natural gas, or L.N.G., raced to Europe from the United States, Qatar and other countries (including Russia) that produce large amounts of gas. ........ many energy-hungry businesses like aluminum smelters, steel mills and fertilizer plants have at least temporarily shut down. ....... Futures prices for natural gas for delivery in January and February of 2023 are trading more than 40 percent higher than for November.

U.S. Sees Opportunity for Ukraine to Capitalize on Russian Weakness The next six weeks, before fall mud spreads, could allow Ukraine’s military to press forward in the Donbas and potentially retake Kherson, American officials said. But Russia may not be deterred. ........ The Ukrainian military has a window of opportunity to make gains against Russia’s army over the next six weeks ........ The Ukrainians defeated the Russians in the battle for Kyiv, only to see Russia grind forward during the brutal fighting in the Donbas over the summer. .......... Officers in the field agree that they are making gains, but at a high cost. ........ if Ukraine’s forces can take control of the Route 66 highway in Luhansk in the coming weeks, they can cut off a key road that Russia has been using to supply its troops in occupied areas. ....... Russia’s military is still hobbled by challenges similar to those it has faced since the start of the war. Problems with logistics have prevented Moscow from keeping soldiers adequately supplied. Communication between Russian units remains difficult, forcing them to deploy senior officers close to the front lines and hampering coordinated movements. And the reservists now being forced to the battlefields are poorly trained and badly equipped. ........ Moscow’s military can still conduct large-scale artillery operations, and Russia possesses two potential strengths: an infusion of troops from the forced mobilization Mr. Putin carried out at the insistence of key commanders and an ability to absorb large battlefield losses. ......... The Russian military has suffered a loss of equipment and soldiers that would have broken most armies in Europe. .......... Winter snow will not slow the fighting, but the mud of late fall, what Russians call rasputitsa, will. Once the ground hardens in February, around the first anniversary of the invasion, the armies can once again move more quickly. ........... Mr. Putin’s intentions for the next phase of the war are difficult to discern, and there are currently few, if any, regular contacts between American officials and their Russian counterparts. ........ major Russian offensive operations are pretty much off the table at this point ....... The dynamic of the war could change come spring. ....... The reality of modern warfare is that the winner does not get a say in when the fighting stops. Mr. Putin, officials said, is unlikely to accept defeat in the coming months.

Putin Is Onto Us Putin is now fighting a ground war to break through Ukraine’s lines and a two-front energy war to break Ukraine’s will and that of its allies. He’s trying to smash Ukraine’s electricity system to ensure a long, cold winter there while putting himself in position (in ways that I’ll explain) to drive up energy costs for all of Ukraine’s allies. And because we — America and the West — do not have an energy strategy in place to dampen the impact of Putin’s energy bomb, this is a frightening prospect.......... As a country, and as a Western alliance, we have no ladder of priorities on energy, just competing aspirations and magical thinking that we can have it all. ........ we are going to be in for a world of hurt if Putin drops the energy bomb that I think he’s assembling for Christmas. ......... Oil in just one very large tanker can be worth roughly $250 million, so the incentives are enormous. ......... China has been taking some of the L.N.G. sold to it on those fixed-price contracts for domestic use and reselling it to Europe and other gas-starved countries for $300 a barrel of oil equivalent. ......... suppose, come December, Putin announces he is halting all Russian oil and gas exports for 30 or 60 days to countries supporting Ukraine ........ In this tight market, oil could go to $200 a barrel, with a commensurate rise in the price of natural gas. We’re talking $10 to $12 a gallon at the pump in the United States. ............ The beauty for Putin of an energy bomb is that unlike setting off a nuclear bomb — which would unite the whole world against him — setting off an oil price bomb would divide the West from Ukraine. ......... we need a robust energy arsenal as much as a military one. Because we are in an energy war!

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Monday, October 24, 2022

24: Sunak

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23: Rishi

Rishi Sunak warns of risk that markets lose faith in UK economy (August 30) Former chancellor says Truss’s campaign promises could force up inflation and increase borrowing costs ...... Rishi Sunak has warned that it would be “complacent and irresponsible” to ignore the risk of markets losing confidence in the British economy .......... Sunak said his leadership rival Liz Truss had made unfunded spending commitments that he feared could force up inflation and interest rates, and increase UK borrowing costs........ said he “struggled to see” how Truss’s promises of sweeping tax cuts and help for families struggling with soaring energy costs “add up”. ....... said that market confidence had been maintained through having an independent central bank, strong institutions and a “credible fiscal trajectory”. ....... “We have more inflation-linked debt by a margin than any other G7 economy — basically more than double,” Sunak said. “Because of the structure of QE [quantitative easing], we’re also particularly much more sensitive to an upward rate cycle than we have been.” ....... "What we need to do is just get a grip of inflation now. So that’s a combination of monetary policy, it’s making sure that fiscal policy does not make the situation worse and put fuel on the fire.” ....... He warned that if the Conservative party surrendered its reputation for fiscal discipline it could destroy one of its principal advantages over Labour. ....... uggested that while he expected Johnson to continue as an MP, the outgoing prime minister should accept that his time in frontline politics is over. .......... 60 members of the government all resigned, which you’d have to remember, it’s essentially unprecedented ........ and on Tuesday party members turned up in Bentleys and Porsches to hear Sunak’s pitch. ...... He joked that one of the best parts of the race had been “all these people coming up to me and say ‘wow you’re shorter in real life’”. ........ The biggest applause came for Sunak’s stance on cultural issues: “I want to take on this leftie woke culture that wants to cancel our values, our culture and our women.” .......... Sunak said he “always” tried to give Johnson the benefit of the doubt during policy disputes. “I was there to be supportive, to try and implement what he wanted. I always had a fair shot at making my case. Resigning from being chancellor is a big deal, it’s not something you should do lightly.” .......... “I was always only going to do this on terms that worked for me, in the sense I was going to be true to myself, true to what I believe was right for the country.”

Boris Johnson says he will not stand in Tory leadership contest Move means Rishi Sunak looks almost certain to be PM ........ After cutting short a Caribbean holiday, Johnson spoke to rivals Sunak and Penny Mordaunt in an attempt to persuade them to get on board with his attempted political comeback. ........ However, Johnson has said he is not running after only making it to about 60 declared backers by Sunday evening – well short of the 100-MP threshold required to make it on to the ballot.

‘I’m deadly serious’: why film-maker Michael Moore is confident of a Democratic midterm win The Academy-award winner has been emailing a ‘daily dose of truth’ to mobilize supporters of the party to vote in November

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Wednesday, October 19, 2022

19: Liz Truss



Reel: What does your faith mean to you?



Elon Musk Foments More Geopolitical Controversy With Ukraine Internet Dispute The world’s richest man, whose Starlink internet service is critical to the Ukrainian Army, said he could not “indefinitely” fund the system’s use in Ukraine. ....... Musk said his company could not “indefinitely” fund Ukraine’s use of Starlink, which has become crucial for the Ukrainian Army’s communication as it advances into territory occupied by Russia and defends against continued Russian attacks. ........ About 20,000 Starlink terminals, which were designed to work with satellites orbiting in space to provide online access, have been delivered to Ukraine since Russia’s invasion in February. Mr. Musk, who did not mention the Pentagon, talked about the difficulties of funding the service. ........

Musk, 51, who has become an unlikely provocateur in international geopolitics.

........... Last week, Mr. Musk drew a fierce rebuke from Ukrainian officials for proposing a peace plan — which included ceding territory to Russia — to end the war. He also suggested in an interview with The Financial Times that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing. .

Crude Comments From Europe’s Top Diplomat Point to Bigger Problems Josep Borrell Fontelles said Europe was “a garden,” and the world “a jungle,” triggering charges of neocolonialism and racism just as the E.U. tries to drum up support in the developing world. ......... The top European Union diplomat calling the world “a jungle” and Europe “a garden” at risk of being overrun isn’t helping. ......... “Yes, Europe is a garden.” Mr. Borrell told aspiring European diplomats in the Belgian city of Bruges. “We have built a garden. Everything works. It is the best combination of political freedom, economic prosperity and social cohesion that the humankind has been able to build — the three things together.” ........ “Most of the rest of the world is a jungle, and the jungle could invade the garden,” he added, calling the young European diplomats “gardeners” who “have to go to the jungle. Europeans have to be much more engaged with the rest of the world. Otherwise, the rest of the world will invade us, by different ways and means.” ....... He said that Europe was a privileged place to live and that his message to the aspiring diplomats was to cultivate relationships outside it, because it cannot be “an island in the world away from what was going on elsewhere.” ....... Among the first to seize on it was the Kremlin’s spokeswoman, Maria Zakharova. ........ “To continue the analogy, the European gardener is in a vegetative state,” she quipped on Telegram. “And now seriously. The ‘garden’ was built by Europe due to the barbaric attitude to the plundering of the ‘jungle.’ Borrell could not say it better: the most prosperous system created in Europe was nourished by its roots from the colonies, which it ruthlessly oppressed,” she added. ........ “This abhorrent, colonial language is unacceptable from any representative of our union, least of all our highest-ranking diplomat,” said Alice Bah Kuhnke, a prominent Swedish member of the European Parliament with the Green Party. ......... Experts also said that alienating nations in the developing world could undermine the European Union’s efforts to bolster global partnerships in its search for its own independent place in the global power structure, as well as drum up support for Ukraine against Russia. ......... “It upsets at the most profound level countries in the rest of the world, because of the history of colonialism.” ......... In United Nations General Assembly votes, a bellwether for how well Western allies are doing against Russia’s own diplomatic efforts, the European Union and the United States have struggled to rally support from African and Asian countries they would normally call allies. High-profile partners like South Africa and India have chosen to abstain on key votes ......... Seasoned E.U. observers point out that Mr. Borrell is not an outlier when it comes to the dominant thinking at the heart of the bloc’s policy machinery. ........ the garden-jungle analogy used by Mr. Borrell was first employed by the prominent American neoconservative scholar Robert Kagan. .

The state of the energy transition In the past decade, we finally got going. Over the next three, we need to go much further, much faster. I still believe we can avoid a climate disaster—if we devote the next generation to mobilizing the largest crisis response in human history. ........ .

Liz Truss Is Finished For 40 days, Prime Minister Liz Truss of Britain has ridden a roller coaster of ridicule. ........ Her “mini budget,” on which she hung her free-market credentials, was a disaster: Bond yields rocketed, the pound tanked, and the markets, far from gratified, were distinctly upset. To mitigate the damage, she reversed a tax cut for high earners — and was rewarded with more mockery. At the Conservative Party conference, protesters played loud clown music, and the police refused to intervene, as sure a sign of a failing administration in Britain as the storming of the Winter Palace in Russia. ........... the polls, which put Labour 33 points ahead of the Conservatives and Ms. Truss’s approval rating at minus 47 ....... Ms. Truss may limp on, but she is without power. For all intents and purposes, her prime ministership is finished. ........ Behind this monumental failure stalks Boris Johnson, the most important ghost in British politics. ......... Ms. Truss was Mr. Johnson’s departing gift, a human land mine to level the ground for his possible return. ......... We are far from seriousness, data and hope. The choice of Brexit, the nightmare we are slowly awakening to, proves it. ........... Ms. Truss certainly invited opprobrium with her recklessness: Only 6 percent of the country supports her tax cuts, while Elizabeth II preached unity and love. That is the kind of authoritarianism the British like, the velvet kind. In comparison, Ms. Truss looked tinny and pitiful. She could be dismissed. ...... After 12 years in power, exhausted by Brexit, the pandemic and growing factionalism, they find themselves at the mercy of Mr. Johnson’s ambition, their own inadequacy and their members’ hunger for culling the state against the country’s wishes. Their choice of Ms. Truss was part error, part final roll of a doomsday cult. Britain, contrary to stereotype, is a kaleidoscope of opinion, not two resolutely opposed factions. The majority accepted Conservative rule for more than a decade. But Ms. Truss, bringer of market chaos and international condemnation, is where that consent ends. ......... In time, Britain may free itself of Mr. Johnson’s spell and Ms. Truss’s unreason — and choose leaders who deal in facts, not fantasies, and think of the country, not themselves. We may say at last: Enough of post-truth and extremism and drinking the dregs of empire.

Britain’s New Prime Minister Is Still in Thrall to the Empire In a campaign built around a belief in the miraculous power of tax cuts, Ms. Truss presented herself as the economic savior of a country heading into a winter of crisis. In the face of sky-high inflation and widespread economic misery, it’s a fantastical proposition. ......... in an era of decolonization, he sketched out a route for Britain to maintain its global dominance. Fashioned in the dying of the imperial light, that roster of policies — preferential terms of global trade achieved through hard-line anti-migrant policies, shrinking the state, undermining organized labor and fostering finance — forms the basis of Ms. Truss’s politics today. The British Empire may have all but ended 60 years ago, but the country’s next prime minister is still in thrall to its legacy. ......... borders for the people of the empire but not for the wealth of the empire. ......... it is on the terrain of the economy where her absorption in zombie imperial thinking is most striking. ........ In 2012, Ms. Truss announced herself on the political scene as a co-author of a book, tellingly titled “Britannia Unchained,” that argued that Britain’s diminished position globally was the result of an overextended welfare state raising generations of mollycoddled workers, derided as “the worst idlers in the world.” While she likes to wrap herself in the Union Jack, her position a decade on appears to be the same. British workers, she said in a recent leaked recording, lacked the “skill and application” of their foreign counterparts and needed to work harder. ........... tax cuts have been consistently shown to increase inequality while having a negligible effect on growth or unemployment.



Why Vladimir Putin Is Likely to Be Disappointed Against a turning tide, Vladimir Putin is resorting to desperate measures. ......... Last week, in retaliation for an attack on the Kerch Strait Bridge, Russia’s main route to Crimea, the Kremlin launched over 100 long-range missiles into Ukraine, killing more than three dozen civilians and striking 30 percent of Ukrainian energy facilities. .......... Four factors have combined to steadily diminish Russia’s battlefield prospects: the demands of a high-intensity war on an army unprepared to wage it; early and severe losses to its ground, airborne and special forces; the Ukrainians’ resilience and will to fight; and Western support for Ukraine. .......... Even before the majority of new troops have been deployed, there are anecdotes of mobilized forces being killed, being captured and deserting. There are, to put it mildly, obvious downsides to sending unprepared and questionably led conscripts to a combat zone. ......... Already there are signs of discipline problems among mobilized soldiers in Russian garrisons. ......... The Russian military leadership is unlikely to know with confidence how this undisciplined composite force will react when confronted with cold, exhausting combat conditions or rumors of Ukrainian assaults. Recent experience suggests these troops might abandon their positions and equipment in panic, as demoralized forces did in the Kharkiv region in September. ........... Right now, Mr. Putin seems to have two immediate goals: to sustain control of as much of the occupied Donetsk, Luhansk, Zaporizhzhia and Kherson regions as he can (with Russia’s desired boundaries not yet defined); and to freeze the front line, establishing a frontier Ukrainian forces cannot broach, possibly sealed by a cease-fire. .......... as the Ukrainians’ continued headway in the south suggests, it’s far from clear that Russia will be able to attain either aim. ........ In that case, Mr. Putin could lash out more broadly against Ukraine. The attacks of the past week — particularly striking critical civilian infrastructure — could be expanded across Ukraine if missile supplies hold out, while Russia could directly target the Ukrainian leadership with strikes or special operations. .......... To inflict domestic costs on Kyiv’s supporters, Russia could also conduct cyberattacks against Europe or the United States, targeting critical infrastructure like energy, transportation and communications systems. The war then would no longer be confined to the borders of Ukraine. ......... It’s worth recalling that, before breaking the nuclear taboo, Russia has other means available to escalate.

I’ve Studied 13 Days of the Cuban Missile Crisis. This Is What I See When I Look at Putin. For six decades, the Cuban missile crisis has been viewed as the defining confrontation of the modern age, the world’s closest brush with nuclear annihilation. The war in Ukraine presents perils of at least equal magnitude, particularly now that Vladimir Putin has backed himself into a corner by declaring large chunks of neighboring Ukraine as belonging to Russia “forever.” ............ As I discovered when I assembled a minute-by-minute chronology of the most dangerous phase of the crisis, there were times when both leaders were unaware of developments on the battlefield that assumed a logic and momentum of their own.

The state of the energy transition
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