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And Israel? Macron to propose ‘Olympic ceasefire’ for Ukraine conflict

17 Mar 2024 ,  https://www.sott.net/article/489864-And-Israel-Macron-to-propose-Olympic-ceasefire-for-Ukraine-conflict

French President Emmanuel Macron has said he will propose a ceasefire between Russia and Ukraine during the Summer Olympic Games, set to take place in Paris between July 26 and August 11.

In an interview with Ukrainian media on Saturday, Macron was asked whether France, as the host of the games this year, will follow tradition and seek “a ceasefire during the Olympics.” The journalist was apparently referring to the Olympic Truce, a period of conflict cessation which historically began seven days before the games and ended seven days after so that the athletes could safely travel to and from the Olympics.

“It will be requested,” the French leader responded.

“The rule of the host country is to move in step with the Olympic movement,” the French leader said when asked about his views on the situation in which Russian athletes are allowed to participate under a neutral flag.

“This is a message of peace. We will also follow the decision of the Olympic Committee,” he added.

Comment: Will Israeli athletes also be forced to attend under a neutral flag or be banned altogether by the IOC?

The International Olympic Committee (IOC) originally banned Russian and Belarusian athletes from competing internationally, following the escalation of the military conflict in Ukraine in February 2022. Last year, however, the blanket ban was reconsidered by the organization, and conditions were set to allow individuals, but not the teams, to participate provided that they do so under a neutral flag.

The decision prompted an outcry from Kiev, with President Vladimir Zelensky calling for a complete boycott of the games. However, Ukraine later softened its stance and permitted its athletes to compete as long as the Russians and Belarusians were only present as neutral athletes.

While Moscow condemned the IOC’s requirements, calling them “unreasonable, legally void and excessive”, the head of the Russian Olympic Committee, Stanislav Pozdnyakov, confirmed on Thursday that this year’s Olympics in Paris would not be shunned, despite the restriction.

“We will never take the path of boycotting (the Games). We will always support our athletes,” he told RIA Novosti.

Comment: The French president would likely want to buy some time so that the Western partners have more time to rearm Ukraine and train yet another army. That wish for a ceasefire is unlikely to be granted by Russia.

One wonders why the French president wasn’t asked about a ceasefire in Israel.

Macron has in the recent weeks done made sure to get some time in the limelight, but it hasn’t quite worked out and he might have shown himself to be delusional if not also untrustworthy. See also:
Macron leads the way to Western civilization’s suicide
Majority disagree with Macron’s comments on sending NATO troops to Ukraine – poll

March 19, 2024 Posted by | France, politics | Leave a comment

EU to use Russian assets to buy arms for Ukraine – Scholz

The German chancellor has clarified that profits obtained from Moscow’s funds held in the EU will be used to arm Kiev

German Chancellor Olaf Scholz has said that interest accrued from Russian assets frozen in the EU will be used to purchase weapons for Ukraine.

Soon after Russia launched its military operation against Ukraine in February 2022, Western countries froze approximately $300 billion of funds belonging to the Russian Central Bank. Of that sum, the Brussels-based clearinghouse Euroclear holds around €191 billion ($205 billion), which has accrued nearly €4.4 billion in interest over the past year.

Speaking at a joint press conference with French President Emmanuel Macron and Polish Prime Minister Donald Tusk in Berlin on Friday, Chancellor Scholz said: “We will use windfall profits from Russian assets frozen in Europe to financially support the purchase of weapons for Ukraine.

The German leader also announced plans to establish a “new capability coalition for long-range rocket artillery,” with procurement to take place “on the overall world market.”

The German chancellor did not provide specifics, and it remains unclear whether he was referring to an entirely new initiative, or to a “long-range” scheme announced by President Macron in February.

European Commission President Ursula von der Leyen last month suggested using the interest from frozen Russian assets to buy weapons for Ukraine. However, Politico, citing an anonymous EU official, reported on Thursday that Malta, Luxembourg and Hungary had “expressed reservations” about the plan earlier this week.

Moscow has repeatedly warned that any actions taken against its assets would amount to “theft.” It has stressed that seizing the funds or any similar move would violate international law and undermine Western currencies, the global financial system, and the world economy.

March 19, 2024 Posted by | business and costs, EUROPE, weapons and war | Leave a comment

UK government plans to block foreign control of newspapers – what about foreign control of Sizewell nuclear project ?

Telegraph ruling raises questions over Sizewell funding

https://www.theconstructionindex.co.uk/news/view/telegraph-ruling-raises-question-over-sizewell-funding 17 Mar 24

The government plans to block foreign control of newspapers – what about physical infrastructure?

Questions are being raised about the government’s willingness to allow essential physical infrastructure to fall into the hands of foreign states but not newspapers.

Government minister Lord Parkinson told the House of Lords yesterday: “We will amend the media merger regime explicitly to rule out newspaper and periodical news magazine mergers involving ownership, influence or control by foreign states.”

Legislation is being introduced specifically to prevent The Telegraph newspaper group from being bought by RedBird IMI, a fund backed by the United Arab Emirates.

It is not yet clear, however, how far the new law could stretch. The intention is that it applies only to newspapers and news magazines. But are they really more important than water companies, electricity companies and power stations?

The Chinese state was allowed to have an influence in the development of Hinkley Point C nuclear power station but has been blocked from further involvement in the UK nuclear programme amid security concerns.

However, the UK government has been wooing the UAE to step in to help fund Sizewell C in place of China.

Campaigners against Sizewell C see the Telegraph intervention as grounds to block UAE investment in British nuclear power, on the basis that nuclear power stations must be at least as important to national security as newspapers.

“If the government is prepared to ban foreign state ownership of newspapers because of the UAE’s bid for the Telegraph, ministers must now block UAE investment in Sizewell C in the interests of national security. That deal should also be dead in the water: there is no place in our critical national infrastructure for a regime that does not share our views and values,” said a spokesperson for Stop Sizewell C.

There already exists legislation that could be used to prevent a foreign state having influence in critical infrastructure – the National Security & Investment Act 2021 and the National Security Act 2023 have sought to respond to foreign state interference.

Lord Parkinson told parliament yesterday: “We intend to expand on the current definition of ‘foreign powers’ used in the National Security Act 2023 to ensure a broad definition that also covers officers of foreign governments acting in a private capacity and investing their private wealth.”

That could put the skids under a whole host of utility companies.

However, rather blurring the message, the minister concluded: “I should note that the government remain committed to encouraging and supporting investment into the United Kingdom and recognise that investors deploying capital into this country rely on the predictability and consistency of our regulatory regime. The UK remains one of the most open economies in the world, which is key for the prosperity and future growth of our nation. Our focus here is not on foreign investment in the UK media sector in general; this new regime is targeted and will apply only to foreign states, foreign state bodies and connected individuals, and only to newspapers and news magazines.”

March 19, 2024 Posted by | politics, UK | Leave a comment

‘Don’t hold your breath’ – people living in Wylfa’s shadow have say on development plans

The UK Government recently announced it had bought the Anglesey site from Hitachi

North Wales Live, David Powell, Court reporter, 17 Mar 24

People living near the Wylfa power station on Anglesey have greeted the prospect of a fresh development at the site with excitement, anxiety and pessimism. Last week the UK Government announced that a £160m deal had been reached with Hitachi to buy sites at Wylfa and Oldbury in Gloucestershire – with a final sign off expected this summer.

The minister for nuclear Andrew Bowie says this is not another “false dawn” for Wylfa and that he was “supremely confident” that new nuclear would be developed at the site. North Wales Live this week visited nearby Cemaes to gauge opinions from people in the village on the proposals.

Cemaes resident William Huw Edwards, 80, used to work as a contractor atRio Tinto

, which ran Anglesey Aluminium, and on the runway at RAF Valley. He remembers disruption during construction work for the current Wylfa power station.

“There used to be two or three lorries at a time in convoys,” he recalled. As for the prospect of a new nuclear development, he said: “A lot of people are against it because of the traffic and the noise.”

He added: “It’s going to cost a lot and they will have to find the money.” He doubts it will be in the near future, saying: “It won’t be soon. Don’t hold your breath.”

But another resident Julie Clemence, 63, would support a new nuclear operation if it were smaller than its predecessor. “The American ones are really huge but I would support it if it’s smaller and less of a blot on the landscape than now,” she said.

………………………………………………………… Dylan Morgan, of Pobl Atal Wylfa B (PAWB), a campaign group against the proposal, said: “This government and anyone following it will face the same challenges regarding attracting any large new private investment to develop reactors at Wylfa or any other site in the global context of a shrinking nuclear industry.  

“At the same time, renewable technologies are galloping ahead every year to take an increasing share of the worldwide electricity market.” He claimed 20 years has been “wasted” when money and resources could have been spent developing renewable energy…………………………………….

Meanwhile Katie Hayward, of Felin Honeybees, has said she is “completely broken” after learning the site might be redeveloped after she battled the proposed Wylfa B site for years.

 https://www.dailypost.co.uk/news/north-wales-news/dont-hold-your-breath-people-28797236

March 19, 2024 Posted by | public opinion, UK | Leave a comment

There is no such thing as a “nuclear waste-eating” reactor

Contrary to popular belief, the French nuclear industry is by no means “triumphant”, “the best in the world” or “at the cutting edge of technology”: in fact, EDF (bankrupt), Areva (renamed Orano after filing for bankruptcy) and CEA (subsidized by public money) are constantly making fools of themselves and leaving the French with astronomical bills.

A magic reactor killed by environmentalists?

 By Stéphane Lhomme    by beyondnuclearinternational,  https://beyondnuclearinternational.org/2024/03/17/a-magic-reactor-killed-by-environmentalists/

On the contrary, a “nuclear waste-eating reactor” does not exist

Appearing as a guest on several TV channels (BFM, Cnews, etc.), a certain Fabien Bouglé managed to fool both viewers and journalists (most of whom are totally ignorant about nuclear power) with a series of fibs, each more enormous than the last. Here are a few clarifications.

There is no such thing as a “nuclear waste-eating” reactor

The smooth-talking Bouglé left his ignorant interlocutors stunned and bewildered as he talked about “waste-eating” reactors that would have already solved the radioactive waste issue if an infamous green lobby, “betraying France to Germany” (sic!), hadn’t “prevented” the advent of such reactors.

So, like throwing a log on the fire, all you have to do is put the radioactive waste produced by today’s power plants into a “magic” reactor, and the waste will disappear.

Mr. Bouglé finally divulged his “secret”: the so-called “waste-eating” reactors are simply… breeder reactors: a type of reactor that the global nuclear industry has failed to operate for 70 years, like Superphénix in France! And, even if it did work, it would in no way eliminate radioactive waste. What’s more, less than 1% of nuclear fuel (the most radioactive waste) could theoretically have its lifespan reduced, but without disappearing and while becoming even more radioactive! In the nuclear industry, as elsewhere, miracles do not exist.

The Astrid project was not “on the way to success” and was not “taken over by Bill Gates”

Despite its pretty name, the Astrid reactor project was nothing more than a little Superphénix: a sodium-cooled breeder reactor. Look at the “progress”: 40 years after the launch of Superphénix (1240 MW), the CEA wanted to make another attempt with a reactor half as powerful (600 MW), before giving up altogether.

Japan’s Monju fast-breeder reactor was definitively shut down after countless failures, a terrible fire and sodium leaks; Germany’s Kalkar fast-breeder reactor was never commissioned; and the USA has abandoned the sector. Only Russia manages to keep its BN800 hobbling along… but it doesn’t perform any of the miracles expected of it (producing “more fissile material than it consumes”, “eating” radioactive waste and other nonsense).

As for Bill Gates, he’s one of the dummies who, in recent years, have announced various types of miraculous reactors, always claiming to be able to produce electricity “cheaply, safely and with little waste” (blah blah blah). Beginning in 2006, Bill Gates and his company Terrapower first tried to make a “travelling wave” reactor work, then a “molten salt” one, both abandoned after wasting billions. Now Gates is dreaming of developing… a sodium-cooled fast-neutron reactor: back to Superphénix and 70 years of failure for the global nuclear industry.

France’s nuclear woes are caused by… France’s nuclear woes!

The “evil anti-nuclear environmentalists” and the so-called “traitors in the pay of Germany” denounced by Inspector Bouglé have nothing to do with the disasters of French nuclear power: EDF, Areva (now Orano) and the CEA are doing just fine on their own! For example: 

  • Industrial and financial disasters at the EPR sites in Finland, Flamanville and England: 15 to 20 years (instead of four and a half) to build a reactor costing 20 billion Euros instead of 3 billion, and with serious defects.
  • The unprecedented scandal of the thousands of defective parts (including the famous Flamanville EPR vessel) produced by Areva in its Le Creusot plants.
  • Catastrophic and ruinous flops at the Iter (fusion) and RJH reactor sites. 
  • Stress corrosion (up to 32 reactors out of 56 shut down at the same time in 2022)

And so on.

Contrary to popular belief, the French nuclear industry is by no means “triumphant”, “the best in the world” or “at the cutting edge of technology”: in fact, EDF (bankrupt), Areva (renamed Orano after filing for bankruptcy) and CEA (subsidized by public money) are constantly making fools of themselves and leaving the French with astronomical bills.

The Fessenheim closure is not the cause of electricity shortages in France and imports from Germany

Mr. Bouglé claims that France was an exporter to Germany before the closure of Fessenheim and that it has suddenly become an importer because of the plant’s closure in 2020. He’s talking nonsense.

In reality, there are exchanges (in both directions) between the two countries throughout the year. When the balance sheet is drawn up on December 31, France is still an importer from Germany (*), and has been for over 25 years (**), long before Fessenheim was shut down.

This phenomenon is mainly due to the absurd choice of electric heating, developed on a massive scale in France to “justify” nuclear power: as soon as it gets cold, electricity consumption is such that it far exceeds the capacity of the French nuclear fleet, even when it’s working properly!

It’s also worth noting the ridiculous claim that life was wonderful in France with 58 reactors, and that it has suddenly gone into crisis with “only” 56 reactors, which in reality is an insane number. For the record, during the stress corrosion crisis, France was saved by importing massive amounts of electricity from neighboring countries, which have only a few reactors, if any at all.

(*) Of course, we can criticize the fact that a significant proportion of Germany’s electricity is generated by coal-fired power plants (even if the share of renewables is increasing exponentially), but the fact is that it’s this “dirty” electricity that heats France every winter, and French nuclear enthusiasts don’t go so far as to refuse this electricity and stay in the cold and dark!

(**) Except, very narrowly, in 2011: following the Fukushima disaster, Germany immediately shut down 8 reactors. But by 2012, France was once again a net importer from Germany.

The joke about waste-eating reactors

Let’s start by noting that nuclear reactors continually produce insane quantities of radioactive waste of various kinds, from nuclear fuel to the tools and clothing used in power plants, which are contaminated… and can’t be “eaten”!

But let’s concentrate on the most radioactive, the spent fuel that comes out of the reactor core after use.

Spent fuel comprises four types of element: plutonium, uranium, fission products and minor actinides. Note that the vast majority of radioactivity is contained in these last two categories.

– Plutonium

Listening to Mr. Bouglé, the uninformed viewer (and the ignorant journalist) think that all they have to do is recover this fuel and put it in the so-called “waste-eating reactor”, which will make this waste disappear… while producing electricity! Jackpot, bravo and thanks for everything. But Santa Claus doesn’t exist, and it’s all poppycock. And here’s why.

It is used by the military for their atomic weapons. Some of this plutonium can be recovered to make fuel (known as “mox”) for use in today’s power plants, which exacerbates the consequences of an accident when it occurs. Various studies show that this option reduces only slightly the amount of uranium needed from mining. But in no case is this plutonium “eaten” or “incinerated”; it is almost entirely recovered after use.

– Uranium

The uranium resulting from these separation operations, known as “reprocessed uranium”, can theoretically be reused in place of mined uranium, but in reality, this option poses a number of technical problems. EDF has been trying to use it for years in its Cruas power plant (Ardèche), after re-enrichment… in Russia (thanks Putin!). But this remains very marginal, and in no case is this uranium “eaten” or “incinerated”; it is almost entirely recovered after use.

– Fission products

There’s nothing we can do with them, except vitrify them and store them for millennia!

– Minor actinides

These are the only elements of radioactive waste that could theoretically have their lifespan reduced in breeder reactors… while becoming even more radioactive! But even if such a “feat” were to happen (provided we finally manage to operate breeder reactors properly), minor actinides would not be “eaten”, “incinerated” or “disintegrated”. In fact, they are vitrified like fission products and have to be stored for millennia.

Conclusion 

Of course, there is no technology that can “eat” nuclear waste. At most, it is theoretically possible (but not in practice) to degrade a tiny fraction of it, and even then, at the cost of new radioactive and chemical contamination and very high energy consumption.

Once and for all, let’s remember that there will never be a nuclear miracle, be it with magic reactors, or by replacing uranium with thorium (the thorium sector is also that of fast-breeder reactors!), or with fusion, or by calling old projects that have never worked “4th generation” or “SMR”. 

Stéphane Lhomme is Director of the Nuclear Observatory.

March 18, 2024 Posted by | France, Reference, spinbuster, technology | Leave a comment

Will Biden’s, NATO’s military personnel in Ukraine cross the last red line to Armageddon?

Walt Zlotow, West Suburban Peace Coalition, Glen Ellyn IL

French President Emmanuel Macron is pushing to send NATO troops to Ukraine to keep Ukraine from imminent defeat to Russia. “The time has come for a Europe where it will be appropriate not to be a coward.” Macron got a lot of pushback form less delusional NATO leaders including German Chancellor Olaf Scholz and NATO Secretary-General Jens Stoltenberg.

Other NATO countries have joined France at considering direct troop involvement. Estonia’s Prime Minister Kaja Kallas stated that “Everything is on the table.” Lithuanian Foreign Minister Gabrielius Landsberg agreed that “nothing can be taken off the table, no option can be rejected out of hand. I very much welcome and encourage the discussion that has started.”

But unbeknownst to most Americans, due to government censorship, is that NATO military personnel are already there serving as a tripwire to wider, possibly nuclear war.

The British Prime Minister’s office confirmed recently that “Beyond the small number of personnel we do have in the country supporting the armed forces of Ukraine, we haven’t got any plans for large-scale deployment.” Didn’t we hear the same thing from US officials regarding ‘US advisors in Vietnam?

German Chancellor Scholz refused to send Taurus missiles to Ukraine because it would require German personnel to operate them. Britain and France aren’t so cautions. Scholz stated that France also has military personnel in Ukraine along with England to assist Ukraine military operations. He hinted at US presence there stating “It’s known that there are numerous people there in civilian attire who speak with an American accent.” The NY Times reported last month that numerous CIA operatives were left in Ukraine when the war started and “scores of new officers were sent in to help the Ukrainians.”

President Biden may have slipped in his State of the Union Speech last week when he uttered “There are no American soldiers (of war) in Ukraine, and I intend to keep it that way.” Biden should have added ‘But we sure have a lot of helpers there and I intend to keep it that way.’

The US and NATO are playing a dangerous game with Mother Earth and her 8 billion residents. For 750 days they’ve been crossing red lines Russia has put up to protect their borders from NATO encroachment. When Biden became president, he continued the reckless US campaign to arm Ukraine in their civil war against Russian leaning Ukrainians in Donbas seeking independence from Ukraine violence and subjugation. He repeatedly floated NATO membership to Ukraine. He rebuffed every desperate entreaty by Russia to even begin discussing their border security concerns.

The result? Russia invaded Ukraine 2 years ago February 24, 2022…after 15 years of warnings. Having catastrophically bungled the diplomacy that instigated the war, Biden could have made amends by supporting the peace agreement Ukraine’s Zelensky and Russia’s Putin negotiated in the war’s first month. Instead of support, he sabotaged it.

Biden and his NATO buddies have marched right up to, and sometimes over, numerous Russian red lines with billions in weapons, extreme rhetoric, sanctions and diplomatic maneuvering with largely unsupportive nations. Now with US and NATO military and intelligence personnel in Ukraine, and ominous calls for combat troops, we should all fret that the next red line Biden and NATO’s war cabinets cross may trigger a mushroom cloud.

March 18, 2024 Posted by | Ukraine, weapons and war | 1 Comment

Reversing Europe’s and Australia’s slide into irrelevance & insecurity – National Press Club of Australia speech- Yanis Varoufakis

First, Australia must restore a reputation tainted by blindly following America into lethal adventures in Iraq, Afghanistan and, today, via its active and crucial complicity in Israel’s deliberate war crimes in Gaza, East Jerusalem and the West Bank.

Children are not starving in Gaza today. No, they are being deliberately starved. Without hesitation or remorse. The famine in Gaza is no collateral damage. It is an intentional policy of starving to death thousands until the rest agree to leave their ancestral homeland.

Second, Australia has a duty to de-escalate the New Cold War. To understand that this can only be done if Australia ends its servility to a United States’ actively creating the threats that they then make us pay through the nose to protect us from.

Imagine an Australia that helps bring a just Peace in Ukraine, as opposed to a mindless forever war. A non-aligned Australia that is never neutral in the face of injustice but, also, not automatically aligned with every warmongering adventure decided in Washington.

Imagine an Australia which, having re-established its credentials as a country that thinks and acts for itself, engages with China in the spirit of peaceful cooperation – a far better way of addressing Beijing’s increasing authoritarianism toward its own peoples than buying useless, hyper-expensive submarines that only succeed in forcing China’s political class to close ranks around a more authoritarian core.

Imagine a truly patriotic Australian Prime Minister who tells the American President to cease and desist from the slow murder of Julian Assange for the crime of journalism – for exposing American war crimes perpetrated behind the back of US citizens in their name.

To conclude, if Europe and Australia are to escape gross irrelevance, we need separate but well-coordinated European and Australian Green New Deals.

DiEM25, our paneuropean movement, is working toward this goal.

Yanis Varoufakis – 14/03/2024 

Europe and Australia are facing a common existential threat: a creeping irrelevance caused, on the one hand, by our failure properly to invest and, on the other hand, by our ill-considered slide from a strategic dependence on the United States to a non-strategic, self-defeating servility to Washington’s policy agenda.”

Yanis Varoufakis’s address at the National Press Club in Canberra on Wednesday 13 March, 2024

…………………………………. The three post-war phases that shaped Australia’s and Europe’s habitat

Our present moment in Europe and in Australia has been shaped by three distinct postwar phases.

The first was the Bretton Woods system. America exited the war as the only surplus, creditor country. Bretton Woods, a remarkable recycling mechanism, was, in effect, a dollar zone built on fixed exchange rates, sustained by capital controls, and erected on the back of America’s trade surplus. With quasi-free trade as part of the deal, Washington dollarised Europe, Japan and Australia to generate aggregate demand for the products of its factories – whose productivity had skyrocketed during the war. Subsequently, the US trade surplus sucked the exported dollars back into America.  The result was twenty years of high growth, low unemployment, blissfully boring banking and dwindling inequality. Alas, once the United States lost its trade surplus, Bretton Woods was dead in the water.

The second phase was marked by the violent reversal of this recycling mechanism. The United States became the first hegemon to enhance its hegemony by boosting its trade deficit. Operating like a powerful vacuum cleaner, the burgeoning US trade deficit hoovered up the world’s net exports. And how did America pay for them? With dollars which it also hoovered up from the rest of the world as German, Japanese and later Chinese capitalists sent to Wall Street 70% of dollar profits made from their net exports to the US. There, in Wall Street, these foreign capitalists recycled their dollar profits into Treasuries, real estate, shares and derivatives.

This audacious inverted recycling system, built on US deficits, required ever increasing American deficits to remain stable. In the process, it gave rise to even higher growth than the Bretton Woods era, but also to macroeconomic and financial imbalances as well as mind-numbing levels of inequality. The new era came complete with an ideology (neoliberalism), a policy of letting finance rip (financialisation), and a false sense of dynamic equilibrium – the infamous Great Moderation built on hugely immoderate imbalances.

Almost inevitably, on the back of the perpetual tsunami of capital rushing in from the rest-of-the-world to Wall Street, financiers fashioned gigantic pyramids of complex wagers – Warren Buffet’s infamous Weapons of Mass Financial Destruction. When these crashed, to deliver the Global Financial Crisis, two things saved Wall Street and Western capitalism:

  • The G7 central banks, that printed a total of $35 trillion on behalf of the financiers from 2009 to last year – a peculiar socialism for bankers. And,
  • China, which directed half its national income to investment, thus replacing much of the lost aggregate demand not only domestically but also in Germany, Australia and, of course, in the United States.

The third period is more recent. The era of technofeudalism, as I call it, which took root in the mid-2000s but grew strongly after the GFC in conjunction with the rapid technological change that caused capital to mutate into, what I call, cloud capital – the automated means of behavioural modification living inside our phones, apps, tablets and laptops. Consider the six things this cloud capital (which one encounters in Amazon or Alibaba) does all at once:

  1. It grabs our attention.
  2. It manufactures our desires.
  3. It sells to us, directly, outside any actual markets, that which will satiate the desires it made us have.
  4. It drives and monitors waged labour inside the workplaces.
  5. It elicits massive free labour from us, its cloud-serfs.
  6. It provides the potential of blending seamlessly all that with free, digital payments.

Is it any wonder that the owners of this cloud capital – I call them cloudalists – have a hitherto undreamt of power to extract? They are, already, a new ruling class: today, the capitalisation of just seven US cloudalist firms is approximately the same as the capitalisation of all listed corporations in the UK, France, Japan, Canada and China taken together!

Continue reading

March 17, 2024 Posted by | AUSTRALIA, EUROPE, politics international | Leave a comment

French president Emmanuel Macron tells Putin ‘WE are a nuclear power and WE are ready’ in latest WW3 rhetoric.

  • A stern Macron chastised Putin for threatening the use of nuclear devices
  • It comes after Putin told state TV ‘weapons exist to be used’ earlier this week

Having nuclear weapons ‘imposes on us the responsibility never to escalate,’ Macron said, in a dig at the constant reminders issued by top Russian officials and media personalities of their nuclear arsenal.

His statements come amid a hardening of Paris’ stance towards Moscow after Macron abandoned his longstanding efforts to maintain a closer bond with Putin.

Britain and France are Europe’s only nuclear powers, but even their collective power is a fraction of that employed by Russia, which has the world’s largest and most varied collection of nuclear weapons by some margin – even larger than that in Washington’s vast stockpiles.

Speaking with French and Ukrainian media, Macron chastised Putin for threatening the use of nuclear devices and reminded him France also has an advanced weapons programme……………………………………………………………………………………………………………………..

For Tatiana Kastoueva-Jean, Russia specialist at the French Institute of International Relations (IFRI), the change in Macron’s stance towards Putin triggered this reaction from Russia.

‘There is incomprehension (in Russia) over how someone who wants to discuss with Russia, to be the mediator, turns into someone who takes the lead of the toughest camp opposing it,’ she said.  https://www.dailymail.co.uk/news/article-13201319/French-president-Emmanuel-Macron-declares-nuclear-power-ready-response-Putins-threats-using-nukes-Kremlin-says-France-signalled-deeper-involvement-Ukraine.html

March 17, 2024 Posted by | France, weapons and war | Leave a comment

HSBC leads Sizewell C investment push as time ticks on final investment decision

https://www.cityam.com/hsbc-leads-sizewell-c-investment-push-as-time-ticks-on-final-investment-decision/ 14 Mar 24

Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project.

According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s export finance agency.

The report said that people familiar with the matter said the move would help the project, Sizewell C, which in January received government approval to begin the process of building the site, due to take nine years to complete.

But delays have come thick and fast due to inflationary cost rises and the logistical challenges involved with building a massive nuclear power station, so much so that the project is now scoped for a bill with the potential to reach £40bn.

The UK government is working in tandem with Barclays to find equity investors for the project in the hope of reaching a final investment decision this year, with gas giant Centrica having declared an interest.

Sizewell C was proposed by a consortium of EDF Energy and China General Nuclear Power Group, which own 80 per cent and 20 per cent of the project respectively.

The site, along with the also-delayed multi-billion pound Hinkley Point C and another planned major reactor that was unveiled in the nuclear strategy back in January, will form the backbone of the UK’s nuclear energy drive.

Complimenting the large projects, which are estimated to be able to provide power for around six million people each, are small module reactor programmes to be taken up by private investors.

In recent months, the UK government has reportedly been wooing the United Arab Emirates to step in to help fund Sizewell C in place of China.

However the National Security & Investment Act 2021 and the National Security Act 2023 could prove barriers to any foreign state gaining influence through investment in critical infrastructure.

In Chancellor Jeremy Hunt’s Spring Budget last week, he announced a £160m deal with Japanese technology giant Hitachi to buy back two sites on which the latter had committed to build power stations.

March 17, 2024 Posted by | business and costs, UK | Leave a comment

UK Steps Up Sizewell Nuclear Push With State-Backed Loans

Mar 14, 2024, William Mathis and Priscila Azevedo Rocha, Bloomberg News, https://www.bnnbloomberg.ca/uk-steps-up-sizewell-nuclear-push-with-state-backed-loans-1.2046821

HSBC Holdings Plc is in talks with investment funds about loans to help to finance the construction of the UK’s Sizewell C nuclear plant, as the government steps up efforts to get a key energy project off the drawing board this year. 

The bank is in discussions with funds to provide the debt that would be guaranteed by the country’s export finance agency, according to people familiar with the matter. That would help Sizewell offset risks of financing a long-term project, while securing cheaper capital, the people said, asking not to be identified as the negotiations are private.

HSBC, Sizewell and UK Export Finance all declined to comment. A spokesperson for the Department for Energy Security and Net Zero said the development of the project’s commercial structure is subject to sensitive discussions

Securing state-guaranteed funding would be an important milestone for a project that could cost more than £40 billion ($51 billion). The UK government has vowed to get as much as 25% of the country’s power from nuclear plants in coming years as part of a push to reach net-zero carbon emissions by 2050. Declining output from Britain’s fleet of aging reactors means new plants will be needed by the end of the decade. 

So far, the only one under construction is Electricite de France SA’s Hinkley Point C. That plant has been repeatedly delayed, while the projected budget has ballooned to as high as £47.9 billion. 

The UK government is working with Barclays Plc to drum up equity investors for the Sizewell project, with bids due later this year. Centrica Plc is seen as a potential anchor investor, with Chief Executive Officer Chris O’Shea saying the company has been in talks with the government.

HSBC is working for Sizewell C Ltd., the operating company set up by EDF to build the copy of Hinkley. The second project should cost less than its forerunner, according to EDF.

The UK has gradually increased its own exposure to Sizewell C, boosting investment in the project to more than £2 billion earlier this year to become the majority shareholder. The government is taking on more construction risk than it did for Hinkley, as it trials a different approach to financing to try to get new projects over the line.

The huge costs involved make it tricky. In 2019, the government offered to take a third of the equity in a £20 billion project in Wales, and provide all the debt during construction plus guaranteed power prices. That wasn’t enough to convince the developer Hitachi Ltd. to proceed.

With assistance from Jessica Shankleman and Francois de Beaupuy.

March 17, 2024 Posted by | business and costs, politics, UK | Leave a comment

Zaporizhzhia nuclear plant reports shelling by Ukraine army

Reuters, March 14, 2024,  https://www.reuters.com/world/europe/russia-controlled-zaporizhzhia-nuclear-plant-says-was-shelled-by-ukraine-2024-03-14/

MOSCOW, March 14 (Reuters) – The Russian-controlled management of the Zaporizhzhia nuclear power plant, the largest in Europe, said on Thursday that the Ukrainian army had shelled a critical infrastructure facility at the plant.

An explosive device was dropped near a fence where diesel fuel tanks are located, the plant reported.

“Such attacks are unacceptable,” it said.

It was not immediately clear when the attack had taken place. Reuters was unable to immediately verify battlefield reports from either side.

International Atomic Energy Agency Director General Rafael Grossi has repeatedly warned of the danger of attacks on the plant.

Russia and Ukraine, at war for more than two years, have blamed each other for past shelling that has downed power lines and endangered generators.

March 16, 2024 Posted by | incidents, Ukraine | Leave a comment

The ideology of war in Ukraine and Israel

by Thierry Meyssan,  https://www.voltairenet.org/article220527.html 14 Mar 24

The wars in Ukraine and Gaza are more similar than you might think, at least if you know their histories. The Ukrainian war didn’t start with the Russian military operation, but with the massacres in the Donbass, while the Gaza war didn’t start with the Al-Aqsa deluge, but 75 years earlier with the Nakhba. In the long term, those responsible for both wars share the same ideology.

Generally speaking, every war defines who “we” are and who “they” are. “We” are Good, while “they” are Evil.

Western leaders, while declaring that war itself is bad, claim that it is indispensable today in the face of aggression from Russia and Hamas. According to them, Russia, or rather its president Vladimir Putin, dreams of seizing our property and destroying our political system. After invading Ukraine, he will invade Moldavia and the Baltic states, then continue westwards. Hamas, on the other hand, is a hate-filled sect that begins by raping and beheading Jews out of anti-Semitism, and will continue by invading the West in the name of its religion.

It’s worth noting that both Israel and the USA were founded by their armies, the Haganah and the Continental Army. Today, the vast majority of their political leaders have spent their careers in the armed forces or secret services. But they’re not the only ones, since Xi Jinping is a military man and Vladimir Putin is a former member of the Soviet secret service (KGB).

One wonders what feeds the phantasms of the political West and how they prevent us from grasping reality. Russia didn’t invade Ukraine any more than France invaded Rwanda. Moscow and Paris stopped the massacre of Ukrainians in the Donbass and Rwandan Tutsis. Both were driven by their “responsibility to protect” and implemented Security Council resolutions. Palestinians don’t rape and behead anyone for pleasure, even if some of them belong to a secret society that does. They don’t fight the Jews out of anti-Semitism, except for the historic branch of Hamas, but against the apartheid system of which they are victims.

Perhaps the first function of collective blindness is to erase our previous crimes: it was the “democracies” of the United States and members of the European Union who organized the overthrow of Ukraine’s elected president, Viktor Yanukovych, in 2014. It was Germany and France that signed the Minsk Accords to guarantee peace for Ukrainians in Donbass (2015), but never intended to implement them and, according to the confessions of Chancellor Angela Merkel and President François Hollande, used them to arm Ukraine against Russia. This violation of our word and signature constitutes, according to the Nuremberg Tribunal, the gravest of all crimes, that “against peace”.

Similarly, it is the “greatest democracy in the Middle East”, Israel, which has stolen, metre by metre, by occupation and nibbling, most of the Palestinian Territories established by Security Council resolution 181 (1947).

These conflicts are not about resources, but territories. Since 1917, Dmytro Dontsov’s Ukrainian integral nationalists have consistently claimed sovereignty over Nestor Makhno’s anarchist Novorossia and the Bolshevik Donbass and Crimea. Of course, these territories were merged into Soviet Ukraine by Ukrainian Nikita Khrushchev, but Kiev cannot invoke recent history to claim them as its own. Similarly, since 1920, Vladimir Ze’ev Jabotinsky’s revisionist Zionists have claimed sovereignty over the whole of Palestine, and eventually over the Egyptian Sinai, Lebanon, Jordan and Syria – in short, all the territories from the “Nile to the Euphrates”. Of course, the ancient kingdom of Jerusalem consisted of the city and its suburbs, but that doesn’t allow them to evoke history for all these conquests.

It is often said that the age pyramid determines the aggressiveness of states. States with a majority of young people between the ages of 15 and 30 would by nature be inclined to war. But this is neither the case in Ukraine, nor in Israel. What’s more, it’s Palestine, not Israel that the age pyramid could push towards war.

The ideological question is probably the most important. Dmytro Dontsov and his henchman Stepan Bandera glorified the Ukrainian fighters, heirs to the Swedish Vikings, the Varegues, who had to slaughter the “Muscovites” to be able to feast in Valhalla. Today, it’s the “White Führer”, Andriy Biletsky, who has commanded the troops of the Azov Division in Mariupol, the 3rd Assault Brigade in Bakhmut/Artiomovsk and most recently in Avdeyevka/Avdiyevka. Similarly, Benjamin Netanyahu, son of Vladimir Jabotinsky’s private secretary, has not hesitated to compare the Palestinians to the ancient Amalekites. The implication is that they must all be exterminated as Yahweh commands, or else their race will re-emerge against the Hebrews. In the same way, the IDF has systematically destroyed all the universities and schools in the Gaza Strip and massacred 30,000 civilians under the pretext of fighting Hamas.

Dmytro Dontsov formed an alliance with Adolf Hitler as early as 1923, i.e. before he came to power, and became one of the administrators of the Reinhard Heydrich Institute, responsible for carrying out the Final Solution of the Jewish and Gypsy question. Vladimir Jabotinsky, who had formed an alliance with Dontsov in 1922, founded the Betar cadre school in Civitavecchi (Italy) with the help of Duce Benito Mussolini in 1935. He was unable to play a major role in the Second World War, dying in August 1940. There can be no doubt about the adherence of Ukrainian integral nationalists to Nazism and revisionist Zionists to fascism.

Incidentally, we find the territorial logic of fascist and Nazi regimes in the current discourse of Ukrainian President Volodymyr Zelensky and Israeli Prime Minister Benjamin Netanyahu. At the same time, the Russian and Palestinian presidents, Vladimir Putin and Mahmoud Abbas, constantly claim to be defending their peoples.


 To find out more about Dmytro Dontsov’s integral nationalism, read:
Who are the Ukrainian integral nationalists?“, by Thierry Meyssan, Réseau Voltaire, November 15, 2022.
 For more on Volodymyr Jabotinsky’s revisionist Zionists read:
The veil is being torn: the hidden truths of Jabotinsky and Netanyahu“, by Thierry Meyssan, Voltaire Network, January 23, 2024.
and “In Jerusalem, the ’Conference for the Victory of Israel’ threatens London and Washington“, by Thierry Meyssan, Voltaire Network, February 13, 2024.

March 16, 2024 Posted by | culture and arts, history, Israel, Ukraine | Leave a comment

Dounreay workers vote on strike action after pay talks stall

 https://www.gmbscotland.org.uk/newsroom/gmb-scotland-ballot-at-dounreay.html 13 Mar 24

Workers at Dounreay nuclear site are being balloted on industrial action after long-running pay talks stalled.

Members of GMB Scotland and other unions are voting on industrial action including working to rule, overtime bans and strikes after a pay offer was overwhelmingly rejected.

Discussions with management at the Caithness site have been continuing for 18 months and Keir Greenaway, GMB senior organiser in public services, said workers cannot be expected to wait any longer for a fair offer.

He said: “This delay would be unacceptable at any time but when our members have been enduring an unprecedented cost of living crisis, it is beyond the pale.

“Managers insist they are bound by civil service rules but have chosen not to seek exemption from those rules for their own reasons.

 “We have heard a lot of words but seen no action by management and words do not pay our members’ bills.

“They deserve to see a fair pay offer urgently and will take whatever action is necessary to secure one. Enough is enough.”

Dounreay joined Magnox Ltd last year and then became part of Nuclear Restoration Services, which is responsible for the clean-up of the Caithness site and 11 others across the UK.

A ballot on industrial action by GMB Scotland, Unite and Prospect members is now open and will continue for three weeks.

March 16, 2024 Posted by | employment, UK | Leave a comment

UK’s Spring budget a ‘myopic sop’ to nuclear obsessives

 https://cnduk.org/spring-budget-a-myopic-sop-to-nuclear-obsessives/ 14 Mar 24

CND Vice-President Dr Ian Fairlie writes for us on the purchase of the Wylfa nuclear site in last week’s budget.

On March 6, as part of the Spring Budget, the Chancellor announced a deal with the Japanese multinational Hitachi to purchase the defunct and closed Wylfa and Oldbury nuclear sites for £160 million. Hitachi suspended the much larger Wylfa project in 2019 and then abandoned it in September 2020 due to the massively rising costs of building nuclear plants.

Many nuclear enthusiasts read into the Chancellor’s statement that the government was going to build new plants at these sites. However a careful reading of the Budget statement reveals no such commitment. Instead, several independent commentators drily remarked that if Hitachi had decided the Wylfa nuclear plant was commercially untenable, why would anyone in Government think it was.

In fact, it is likely the £160 million land purchase was little more than a sop to myopic nuclear obsessives in the Conservative Party. The reality is that, in energy strategy terms, this sum is a drop in the bucket compared to the estimated £46,000 million (£46 billion) which Hinkley C nuclear plant would cost if it ever were completed. And, in another comparison, the Chancellor confirmed that the budget for the 2024 Contracts for Difference (CfD) auctions mainly for wind and solar projects will be set at over £1,000 million (£1 billion).

The environmental group People Against Wylfa B called the Chancellor’s statement a cynical move to try to support Tory Virginia Crosbie MP to keep her Ynys Môn parliamentary seat. Not much chance of that happening as her majority is under 2,000, and several recent by-elections have shown that Tory majorities of even 20,000 or more are now unsafe.

March 16, 2024 Posted by | politics, UK | Leave a comment

Putin warns again that Russia is ready to use nuclear weapons if its sovereignty is threatened

BY THE ASSOCIATED PRESS, March 14, 2024

President Vladimir Putin said Wednesday that Russia is ready to use nuclear weapons if its sovereignty or independence is threatened, issuing another blunt warning to the West just days before an election in which he’s all but certain to secure another six-year term.

The Russian leader has repeatedly talked about his readiness to use nuclear weapons since launching a full-scale invasion of Ukraine on Feb. 24, 2022. The most recent such threat came in his state-of-the-nation address last month, when he warned the West that deepening its involvement in the fighting in Ukraine would risk a nuclear war.

Asked in an interview with Russian state television released early Wednesday if he has ever considered using battlefield nuclear weapons in Ukraine, Putin responded that there has been no need for that. He also noted that he doesn’t think that the world is heading for a nuclear war, describing U.S. President Joe Biden as a veteran politician who fully understands the possible dangers of escalation…………………………….

In an apparent reference to NATO allies that support Kyiv, he also declared that “the nations that say they have no red lines regarding Russia should realize that Russia won’t have any red lines regarding them either.”https://apnews.com/article/russia-ukraine-war-putin-nuclear-weapons-82ced2419d93ae733161b56fbd9b477d

March 15, 2024 Posted by | Russia, weapons and war | Leave a comment