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Forwarded from Geopolitics Prime
โ›“๏ธโ€๐Ÿ’ฅUS trade row with China spills over to drones, threatens more fallout

China is starting to limit sales of key drone components to the US and Europe, Bloomberg reported.

Whatโ€™s new in the US-China trade row?

โšช๏ธChinese producers of motors, batteries, and flight controllers are reportedly capping or stopping shipments.

โšช๏ธFuture license approvals may be based on what the parts will be used for, with Chinese manufacturers possibly required to report shipment plans.

China controls almost 80% of the commercial drone market, according to the Center for Strategic and International Studies. Affected companies are said to be rushing to source alternate supplies.

โ“What was recent tit-for-tat?

โšช๏ธWashington imposed curbs in December on shipments to China of high bandwidth memory (HBM) chips; additional chipmaking and software tools; and chipmaking equipment made in third countries.

What is the fallout?

๐Ÿ”บUS restrictions violate market rules, disrupt supply chains, and could backfire on the American chip industry itself, China warned.

๐Ÿ”บUS consumers bear the brunt of the trade war through higher prices; aggregate real income plummets, per 2021 research by the National Bureau of Economic Research.

๐Ÿ”บManufacturing, automotive, and tech companies are particularly at risk regarding revenue and supply chain dynamics, according to Strategy Risks.

๐Ÿ”บDonald Trump, whose 2018 trade tariffs set off the trade war, has threatened to levy duties of 10% to 60% on Chinese goods with potential for epic-scale fallout.

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โšก๏ธ BREAKING: German Chancellor Olaf Scholz submits motion for vote of confidence in his govt - paving the way for early elections (DPA)

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๐Ÿ˜ณICYMI: 323 Deadly Virus Vials Missing from Aussie Lab

Nearly 100 vials contained the Hendra virus, transmitted from horses to humans, with a 57% fatality rate. Two had the hantavirus, spread by rodents, with a 38% fatality rate and 223 vials contained the lyssavirus โ€“ a rabies virus, with an almost 100% fatality rate.

The breach was only discovered in August 2023, despite the samples going missing in 2021 - in what Queensland Health Minister Tim Nicholls described as a "serious breach of biosecurity protocols."

The lab has not been able to conclude if the viruses were destroyed or removed from secure storage but claimed they do not appear to have been stolen.

Welcome to 2025โ€™s global crisis?

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๐Ÿ”ด IAEA Chief Warns Syrian Chaos Exposes โ€˜Nuclear Material to Looting or Theftโ€™

Assad had given the IAEA permission to visit and collect fresh samples from suspected sites in recent months โ€“ where plutonium had been previously detected, Director General Rafael Mariano Grossi told reporters in Oslo Wednesday.

The absence of a functional state admin exposes Syrian nuclear material to looting or theft at places like the Al-Hadjar Nuclear Research Center, Rossi noted.

So, terrorists looting nuclear material... well played Team America.

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โžก๏ธ Nearly Half of Ukrainians Trust Trump โ€“ Poll

Some 44.6% of Ukrainians trust the US president-elect โ€“ despite Trump promising to halt aid to Kiev and force it to make a deal with Russia. (New Europe Center NGO Poll)

In 2023, only 10% of Ukrainians preferred Trump over Biden.

โ€œThis high level of support shows Ukraine expects clearer and more decisive policy towards Ukraine from the new US admin," the NGO said in a statement.

"It cannot be ruled out that some respondents have certain hopes for the restoration of peace in Ukraine, which Trump emphasized during his election campaign."

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โš ๏ธ NEW: Marine Le Pen leads poll for next French Presidential Election with 38% of the vote - ahead of second place Gabriel Atal at 20% (Ifop Opinion)

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Forwarded from Going Underground
Colombia๐Ÿ‡จ๐Ÿ‡ด just made its largest gas discovery in its historyโ€ฆthe US๐Ÿ‡บ๐Ÿ‡ธ may be about to unleash some โ€˜freedomโ€™
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๐Ÿ˜’ Argentinian Medics Strike En Masse โ€“ Protesting Mileiโ€™s Determination to โ€œDestroy Public Healthcareโ€

One year into Milei's tenture, the workers are also protesting Argentinaโ€™s current rate of inflation โ€“ approx 120% - which makes wages worthless.

Pensioners in Argentina protested last week against Mileiโ€™s decision to restrict access to free medication provided by the PAMI public health insurance scheme.

The new policy affects millions of people who rely on the program.

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๐Ÿ”ดโ€Secretary of Genocideโ€: Protesters Interrupt Tony Blinkenโ€™s Opening Testimony from Hearing on Chaotic US Withdrawal from Afghanistan

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โšก๏ธ Germany Hires Rothschild to Advise on Commerzbank - Bloomberg

Rothschild & Co have been brought in to advise on the remaining stake after a partial sale in September was heavily criticised for allowing Italian rival UniCredit to swoop in.

Rothschild will provide strategic advice on how to react to any further advances by UniCredit, according to people familiar with the matter.

Germanyโ€™s September sale of a 4.5% holding in Commerzbank was pilloried by opposition politicians after UniCredit outbid rivals to take the entire stake, turning the Italian lender into a major investor overnight and raising the prospect of a takeover - Chancellor Olaf Scholz criticized UniCreditโ€™s approach.

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๐Ÿค” Welcome to the โ€œRules-Basedโ€ West: Pick the right side or be ostracised

Only the West can decide what is a good invasionโ€ฆ buffer zone.

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Forwarded from Resonant News ๐Ÿ“ฐ
๐Ÿ”ดChina's ๐Ÿ‡จ๐Ÿ‡ณbiggest Maritime Drills; involves 60 Warships and 30 Coast Guard vessels

๐Ÿ”ถSome reports claims China is irked by Taiwanese President's visit to America.

๐Ÿ”ถOthers claim-- China is asserting dominance within the FIRST ISLAND CHAIN.
(US flags ๐Ÿ‡บ๐Ÿ‡ธshow US bases and contingents in the region)

๐ŸšจMore details in the article ๐Ÿ‘‡

https://resonantnews.com/2024/12/10/beijings-biggest-maritime-drills-involves-60-warships-and-30-coast-guard-vessels/
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โ—๏ธIreland to formally intervene in South Africaโ€™s genocide case against Israel at ICJ

โ€œBy legally intervening in South Africaโ€™s case, Ireland will be asking the ICJ to broaden its interpretation of what constitutes the commission of genocide by a State,โ€ Irish Deputy PM Micheรกl Martin said.

โ€œWe are concerned that a very narrow interpretation of what constitutes genocide leads to a culture of impunity in which the protection of civilians is minimised.โ€

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โš ๏ธ JUST IN: Time magazine to name Trump "Person of the Year" - Politico

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Forwarded from The Islander
๐Ÿ‡ธ๐Ÿ‡พ "The Syrian People Will Not Accept This"

Major General Maher al-Assad, former commander of the 4th Armored Division and younger brother of Bashar al-Assad, has vowed to free Syria from the al-Julani regime with the help of Iraqi Shiite military groups.

Speaking bluntly, Maher declared, โ€œTerrorist groups cannot conquer a country. It is a black spot in the history of our nation when soldiers are shot right on the streets. I wonder how many kilometers Israel occupied during my brotherโ€™s rule?! Now, during their 'rule,' the Israeli army has almost reached Damascus. All that remains of the once great Syrian army are ruins and destroyed military equipment. The Syrian people will not accept this.โ€

Strong words from Assad's brother, but words alone wonโ€™t salvage Syria. The Assad brand, once a symbol of defiance, is now exhausted, tarnished by betrayals and cowardice. Bashar ignored dialogue with Syriaโ€™s legitimate domestic opposition and the region, while stubbornly alienating allies offering lifelines. He let Israelโ€™s airstrikes decimate Syriaโ€™s sovereignty without firing back and allowed the nation to crumble under Caesar sanctions and HTSโ€™s rule, only to flee to Moscow when it all fell apart.

Liberation demands more than declarations. it demands confronting uncomfortable truths. And while Maherโ€™s pledge is fiery, no one should hold their breath. Actions, not speeches, will determine if Syria rises or remains a playground for imperial vultures and Israeli expansionists.

- Gerry Nolan

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โ—๏ธUN troops sent to โ€˜reinforceโ€™ Syria buffer zone seized by Israel

UN peacekeepers had โ€œreinforced a couple of their positionsโ€ in the Golan Heights over the past 24 hours, a UN diplomat told Newsweek.

โ€œUNDOFโ€™s [United Nations Disengagement Observer Force] freedom of movement is severely constrained in the current context,โ€ the UN official added.

โ€œIt is imperative that the UN peacekeepers are allowed to carry out their mandated tasks without hindrance.โ€

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โš ๏ธ South Koreaโ€™s Opposition Files Second Motion to Impeach Yoon

The motion comes after Yoon made a defiant speech earlier Thursday in which he attempted to justify his martial law declaration and insisted he would fight any case against him.

The likelihood of the second motion passing has increased as more members of Yoonโ€™s ruling party indicate they will support it.

โ€œI strongly urge members of the ruling People Power Party to avoid being on the wrong side of history and join the vote for passing the impeachment,โ€ lawmaker Kim Yong-min told reporters.

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๐Ÿ”ด JUST IN: Biden commutes 1,500 sentences, issues 39 pardons - the biggest single-day act of clemency in modern US history

Those pardoned Thursday had been convicted of nonviolent crimes such as drug offenses and turned their lives around, White House lawyers said.

Had Hunter really turned his life around?

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Forwarded from Geopolitics Prime
US intelligence services pressed to assess the consequences of ending Washington's support for Ukraine

American lawmakers have called on key intelligence chiefs to assess the security risks and effects of Ukraine's potential defeat on US national interests, the Hill has written.

The newspaper noted that the assessment should include the ability of Ukraineโ€™s military to fight if the US continues or withholds military and economic support, and if the US maintains or withdraws permission on the use of long-range provided missiles to strike deep into Russia.

Are they preparing for something? ๐Ÿค”

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