The Daily Chronicles are snippets of the most important news across the world for this and each day as it rolls in – as such, this thread is non-structured with the latest news on top. The rough theme for this Daily Chronicles: Empire Strikes Back.
Tuesday, March 14
Please can this be maintained and carried through? It is of course the first real outcome from the Iran/Saudi Arabia/China brokered alliance.Yemen war
— Iran Observer (@Iranobserver01) March 13, 2023
Tuesday, March 14
Shoigu: Sergei Shoigu met with the management of the Tactical Missiles Corporation . He gave the instructions to double the production volume of high-precision weapons. https://t.me/mod_russia_en/6460
Tuesday, March 14
Global Times comments on Aukus and submarines for Australia. https://www.globaltimes.cn/page/202303/1287211.shtml
Tuesday, March 14
Cuba began to accept Russian Mir cards: at one of the ATMs in Havana, a RIA Novosti correspondent was able to withdraw 5,000 Cuban pesos from his ruble account using the Mir card
Tuesday, March 14Russia Shares Nord Stream Communications With UNSC
A senior diplomat has said that Russia has released its communications with Denmark, Sweden, and Germany regarding the Nord Stream sabotage to members of the UN Security Council. “Those documents allow our colleagues at the UN to confirm that the claims by these nations that they were informing us about their investigations are not true,” Dmitry Polyansky, the deputy head of the Russian mission to the UN, explained on Tuesday.
He announced Russia’s intention to share the messages with the Security Council last week as Moscow pushes for an impartial UN-backed investigation into the incident.
CGTN interview with Seymour Hersh.
Monday, March 13Dmitry Peskov briefing summary
◾️ The goals set by Russia in Ukraine can now (at this time) be achieved only by military means;
◾️ On Monday, Putin will hold a working meeting with Kadyrov to discuss, among other things, SMO issues;
◾️ Peskov has nothing to say yet about a possible visit of Xi Jinping to Moscow, the Kremlin will inform about it in a timely manner;
◾️ The Kremlin will announce when there is an understanding on Assad’s visit to Russia;
◾️ Peskov did not rule out that Putin would go to the G20 summit in India, but no decision has yet been made;
◾️ Peskov called the idea of renaming the Russian Federation into Muscovy an absurd curiosity, “Russia will remain Russia”;
◾️ So far, there are no prerequisites for the transition of the situation around Ukraine to a peaceful course;
◾️ The Kremlin is concerned about the deteriorating situation around the Kiev-Pechersk Lavra and considers such an attitude towards church representatives unacceptable.
Monday, March 13SVB
The Federal Reserve, Treasury Department, and Federal Deposit Insurance Corporation stated that they will make additional funding available to ensure all Silicon Valley Bank deposits, both insured and uninsured will be paid in full.
SVB UK subsidiary has been sold to HSBC with depositors being fully protected. HSBC itself was bailed out biggly, in 2008. This is a political rescue because if one looks at who had balances in SVB, the story becomes clear.
What can we say? Here we go round the bailout bush, print some money, kick the can, here we go round the bailout bush, early in the morning.
In December 2022, SVB was losing customers due to its exposure to risky loans and investments. It had lent billions of dollars to unprofitable or fraudulent companies and invested heavily in speculative assets such as cryptocurrencies (the bad kind), SPACs, NFTs, and meme stocks. This bank, who tried to make memes pay and put a lot of money into the non-viable businesses, crashed. Now the meme makers will not suffer financially for their cockamamie business ideas and all is supposedly well. Believe me, this is good for real cryptocurrencies because it shakes out the junk but in this case, the junk will not be shaken out. Yikes.
Nevertheless, we will see a large number of related organizations, banks and institutions tumble – systemic risk. How big will she blow?
My first love decent crypto is up over 7% with trading volume over the past 24 hours up over 100% as stupid speculators run to reality and solidity. It is a day to take a little profit because it would be insane not to. A quote from Pepe’s S. Tzu: …. the promise and the reason for bitcoin’s initial success was that bitcoin was an attempt to create “external” money (using Mr. Zoltan’s excellent terminology) that was not a liability of a Central Bank. … It sounds trivial today, but the idea that a modern monetary unit can exist without backing of any centralized authority, effectively becoming “external” money in digital form, was revolutionary in 2008.
It is still revolutionary today. (Prove me wrong lol)
Sunday, March 12
The US has absolute no interest stopping the war in Ukraine:
“I like the path we’re on,with U.S. weapons and money, Ukraine will fight Russia to the last person”
— Richard (@ricwe123) March 12, 2023
Sunday, March 12The hunger for lithium
I’ve posted speeches from this sweet-talking gentle-voiced rabid imperialist before. I’ve mentioned the US ‘charm offensive’ before. She is a live demonstration of that. She is active in US Southern Command and considers ‘our shared neighborhood’ meaning the total central and south Americas. She thinks she can make friends again but actually she is just jonesing for the lithium, but wrapping it up in a supposed “threat to our homeland and our mutual interests”.
General Richardson US Southern Command -Comando Sur pic.twitter.com/6AKJQdrVoc
— Ares, Information Service (@Aresinfoservice) March 11, 2023
On my agenda next, is an update on Latin America and the Caribbean. We have to tear this US influence out. Nicaragua did that by sending a plane-load of coup plotters back to the US and closing every US-related influence-peddling organization, including the OAS (Organization of American States) and about 200 nonprofits and NGOs. Of course, the punishing will be incoming. Bear in mind Mr. Lavrov’s words – The US says now to even their allies that they can avoid punishment by following the US diktat.
A little more, demonstrating clearly the lust for lithium:
The U.S. wants a monopoly on extraction from the Lithium Triangle. @Southcom‘s Laura Richardson testified this week before the House Armed Services Committee. pic.twitter.com/KcG2ENjgMU
— Kawsachun News (@KawsachunNews) March 9, 2023
Sunday, March 12
General Li Shangfu is appointed as China’s new Defense Minister. The interesting part here is that he has been on the US sanctions list since 2018, for military cooperation with Russia. Seems Beijing is not too concerned about the sanctions regime.
Sunday, March 12
Israel strikes Syria again.
There are also now daily shootings in various areas and 1 to 7 Palestinians are shot dead per day.
Syria state media has reported multiple Israeli rocket strikes in Hama province and the coastal area around Tartous which injured three military personnel. The strikes follow Israel’s attack on Aleppo airport on Tuesday (https://t.me/RT_India_official/13775)- apparently targeting Iranian arms shipments.
Earlier three Palestinians were killed allegedly attacking an Israeli security post in the West Bank.
Sunday, March 12Brazil and Lula:
Lula has invited Brazil’s congressional leaders Rodrigo Pacheco & Arthur Lira to China with him to meet with Xi Jinping. They will spend 4 days in China this month, 4X more days than Lula spent in the US. Smart move: last year Brazil did 4X more trade w/ China than the U.S.
And then in April, Lavrov will be visiting Brazil.
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SO? dear amarynth 🙂 do you have an insider snoop what is on Lula’s wishlist? 😛 Let’s ‘expose’ him here on GS 🙂 I recommend Lula to be ‘unreasonable’ and shoot for the stars… while XJP is still in happy mode 😀 maybe PLA (and ruski if they have some… Read more »
of war & peace
Im sure somehow they can come to some kind of bizzaro ‘fairness’ DEAL as according to their hidden and concealed ‘brotherly love’… GayZ can use lil blanket for his covering… Oh SO WARM! … while the roh re-connect back to their soul (and ancestors)! and happiness and purpose of life/reincarnation… Read more »
I don’t know what is on his wishlist but sure he will get smacked around a little. Just a little ya’know. lol.
Lula is trying to position as peacemaker as well. I guess besides trade, that is his wishlist.
maybe they will be nicer to him 🙂
… unlike liver sausage who wont bring macaroon along 😀 😀 😀
I hope Dilma would show up for the function too 🙂
be well be safe
This is an excellent sign of coming increased military cooperation with Russia. China is dropping strategic ambiguity across the board.. [unicorn] weapons to Russia in 9 days during Moscow visit?
I did a quick count from the Russian MoD report of this morning. They killed +- 500 soldiers from the AFU yesterday. Command posts, artillery units, sabotage groups, recon groups, ammunition depot … This is too many to even wrap one’s head around. And these are Russian numbers. It does… Read more »
That is some psychobabble of this lady… the smell of pure colonialism and greed, wrapped up in cheap candy of ‘shared values’ and ‘family ties’. Have I got news for her. The 2nd biggest lithium resources in the world (after Chile), have been found in… Iran: https://indianexpress.com/article/explained/explained-global/iran-lithium-8479457/ Apparently, after the… Read more »
It’s the same script taken from the so called “Big Stick Diplomacy” of imperialist thug Theodore Roosevelt early in the 20th century after the Amewreckan-Spanish War of 1898 made the U.S. officially into a Western imperial power. The “big stick” term supposed came from a West African proverb, “Speak gently… Read more »
& what’s she gonna do when she discovers iran holds tonnes of lithium, never mind never mind oil & gold too. not to mention educated brains.
The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” has warned that a third lender will likely follow suit.… Read more »
Yes, Sudhi…My take… the markets this week will be another defining moment in the disintegration of western crony capitalism. I will simply post a few observations made by Rudy Havenstein a few hours ago on Substack… So anyway, one of the worst people on Earth, Bill Ackman, posted this the other day,… Read more »
Does the contagion spread to Israel too?
The chain reaction is realized, and the infection increases. The system has gone haywire. The second bank collapsed, and the Fed resumes emergency lending programs. You see, the banks took deposits and used them to buy Treasuries and, now that those Treasuries have fallen in value due to rising yields,… Read more »
I forgot to share this… well… USA! USA! USA! begin rant – so apparently ussa ‘got it’ they cannot ‘attack’ china directly and even remotely ‘win’ not even symbolic or propaganda! … from anywhere in SCS! If they want to fight still, it will be within striking distance to Homeland!… Read more »
Bombshell Downunder from Aussie Cossack and Maria Zeee…
calling amarynth 🙂
The dollar system’s contradictions after de-linking from gold, with Radhika Desai & Michael Hudson
… is OUT 🙂
not sure why??? everyone is talking bout GOLD after dollar-no-more?!
hmmmm… is there NO ONE else? asked Troy!
be well be safe
Col, guys, what is going on?!!!
It appears we are in 1929 territory?
How much exposure in Canada?
Dunno, but there will be exposure OK.
Dunno how big she’ll blow overall in the western climes.
BEHOLD A BLACK SWAN LOOMS INTO VIEW Yes, AHH, when this everything bubble bursts the cascading events that follow will no doubt make 1929 look like a Sunday school picnic by comparison. This time around, the underlying fundamentals are exponentially worse. 1929 was a kleptocratic orchestrated pump-and-dump con too, but… Read more »
I have just heard that HSBC has just bought the UK arm of Silicon Valley Bank for the princely sum of £1.
This is incestuous quid pro quo! HSBC has so much blood on its hands as the launderer of Chinese Opium Inc. Since almost as long as USA was a state! I think its origins are with Baghdadi Sassoons but the Narrative says its origins were in occupied Hong Kong. To this… Read more »
thank you, colin, for this pithy elegant dissection. all who visitors/readers will have a clearer idea of what awaits. personally, thank you for the gracious hand you’ve so kindly held out in our previous conversations, sans condescending impatience you gently provided the manual on widening my aperture.
It seems that it’s going to be a lot worse than 2007-2008, when Bear Stearns and a year later, Lehmann Brothers went down the toilet. 🚽
Dementia care salesman in Russia.. 🤔😊
OMFG! seriously? we come to this??? there was a time, in the legends, that if such thing were to happen, the ‘greatest military in the universe’ would see that as Declaration of War! … now P0T.uS is equivalent or synonymous to a butt-joke! p/s if looking for a ‘seed of… Read more »
“…such as cryptocurrencies (the bad kind), SPACs...” 🤔 MH: “Silvergate’s failure destroyed the great illusion of cryptocurrency deposits. The popular impression was that crypto provided an alternative to commercial banks and “fiat currency.” But what could crypto funds invest in to back their coin purchases, if not bank deposits and government… Read more »
I must write about this again AHH. Because it does not work like that. Crypto (the good kind) is cash .. and functions as peer to peer electronic cash. It needs no ‘backing’ – it is already backed by the system (a very big technical question). For crypto affairs, I… Read more »
I do respect your judgment and due diligence in your particular niche. But you are unique!! Most are not as savvy, hard working, or sovereignty-seeking… they go with the herd, straight off the cliff with the “bad kind,” being full of greed, or lazy, or trusting the untrustworthy, etc.. lemmings set… Read more »
Some much-needed mirth from Downunder regarding a MOD white paper… https://www.youtube.com/watch?v=MTCqXlDjx18 Yes, it seems that Aus in its infinite wisdom is investing ~$400 billion in protecting its trade routes from China. given that their #1 trade partner is… wait for it… CHINA… but, but, but.. is this not just a… Read more »
ya so this is GOOD… China is developing a quantum communications satellite network https://spacenews.com/china-is-developing-a-quantum-communications-satellite-network/ … but SNOOZIE… sees everything! … and Karma records EVERYTHING! SO? Learn to check out of the body, attained with GOD ATTRIBUTE, find the ‘S” you want to… AHEM! … and his/her heart – the perfect… Read more »
Yes, Pepe seems to post items exclusive to Twitter:
MORE HUGE COINCIDENCES?
Note the date (March 9 2023) that Judge Rakoff ordered the handing over of Dimon’s documents relating to Epstein.
The same day word went out… get your money out quick, and the bank run began.
Great investigative work by Amazing Polly… the plot thickens!
Also, the CEO of SVB, Grey Becker was on the board of the San Francisco Fed… gone Friday and name scrubbed from the website over the weekend… very fast work!
If this is true their CFO was the same one as Lehman’s! 😂 🤣 😘
Yeah AHH but it sounds like Joseph Gentile left his 6-month stint at Lehmans 18 months before the collapse.
Also, he was at SVB Securities a separate division but an affiliate that claims that its position remains stable.
Missed the best one.
Note the MSM sources too, ABC and Reuters!
Oh my! Guess who’s in Iran? I hate to use this regrettable term, but it’s turning into a gang rape!! Be well, u must be having seizures and without any time to ogle nubile koreans lately! The Typhoon of Fruits has landed!! Tractor Farmer Luka is “the Angel of Death”… Read more »
dont you trigger me into swearing my head off!!! 😀 😀 😀 I love my babies and they will wait for me to come home! 🙂 for what is worth… nah! its just boys and toys! Nothing new! HA HA 😀 I am actually Looking Forward to Lula ‘surprise us… Read more »
exquisite unintended consequences… Western sanctions shielding Russian financial system from global crisis – Kremlin “Our banking system, of course, has, let’s say, certain connections with some segments of the international financial system, but for the most part it is under illegal restrictions,” he said.Peskov added that sanctions have been “a… Read more »
“The two Russian Su-27 returned to their baser in #Crimea after destroying a $32 million, for the latest versions of MQ-9, #US drone.”
The US military statement of events, blaming a pair of Russian fighter jets for “reckless” maneuvers which resulted in the MQ-9 drone being struck and crashing in international waters at a “complete loss”:
“….one of the Russian Su-27 aircraft struck the propeller of the MQ-9, causing U.S. forces to have to bring the MQ-9 down in international waters. Several times before the collision, the Su-27s dumped fuel on and flew in front of the MQ-9 in a reckless, environmentally unsound and unprofessional manner…”
The official statement of the Ministry of Defense of the Russian Federation on the situation with the fallen American drone :
1. On the morning of March 14, over the waters of the Black Sea in the area of the Crimean peninsula, the airspace control of the Russian Aerospace Forces recorded the flight of an American MQ-9 unmanned aerial vehicle in the direction of the State Border of the Russian Federation;
2. The flight of an unmanned aerial vehicle was carried out with transponders turned off, violating the boundaries of the area of the temporary regime for the use of airspace, established for the purpose of conducting a special military operation, communicated to all users of international airspace and published in accordance with international standards;
3. In order to identify the intruder, fighters from the air defense forces on duty were raised into the air. As a result of sharp maneuvering around 9.30 (Moscow time), the MQ-9 unmanned aerial vehicle went into uncontrolled flight with a loss of altitude and collided with the water surface;
4. Russian fighters did not use airborne weapons, did not come into contact with an unmanned aerial vehicle, and returned safely to their home airfield.
From Colonelcassad :
“Since February 2022, reconnaissance aircraft of NATO countries have been constantly working over the waters of the Black Sea. Drones RQ-4 coordinate air attacks of the Armed Forces of Ukraine and openly provoke the Armed Forces of the Russian Federation: there are known cases of their violation of Russian airspace, albeit for a few seconds.
It is not surprising that another air object flying near the peninsula was taken as a threat. It is absolutely logical in the background regular air raids by Ukrainian drones on the Crimea, which are taking place with the direct support of the United States.
And it is precisely such incidents that can force people in the Pentagon to moderate their ardor and, if not reduce intelligence activity in the Black Sea, then at least start flying at a greater distance from the Russian coast.
And another equally important question is who will be the first to get to the wreckage of the collapsed MQ-9 Reaper. For Russia, they can be a very tasty reward.”
After the recent US Air Force B-52H Stratofortress strategic bomber flight near St. Petersburg, it looks like all gloves are off, and any drone or UAV flying close to the Crimean peninsula will be subject to kerosene rain or other non-standard measure by the Russian Federation Air Force.
Can we buy those Russian Su-27 pilots a beer?
THIS IS NOT A BAILOUT… YEAH RIGHT! Dr Peter St Onge explains how this is just another colossal bailout, in a video within this excellent expose by Ryan McMaken. They both explain that all of these shenanigans are ultimately just more bailouts for billionaires. In essence, the terminal debt death-spiral… Read more »