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EUROPE
🇪🇺🇮🇱🇵🇸 Europe’s power outage: How Israel-Hamas war exposed EU’s irrelevance
Of the myriad geostrategic illusions that have been destroyed in recent days, the most sobering realization for anyone residing on the Continent should be this: No one cares what Europe thinks. Across an array of global flashpoints, from Nagorno-Karabakh to Kosovo to Israel, Europe has been relegated to the role of a well-meaning NGO, whose humanitarian contributions are welcomed, but is otherwise ignored.
The 27-member bloc has always struggled to articulate a coherent foreign policy, given the diverse national interests at play. Even so, it still mattered, mainly due to the size of its market. The EU’s global influence is waning, however, amid the secular decline of its economy and its inability to project military might at a time of growing global instability.
Instead of the “geopolitical” powerhouse Commission President Ursula von der Leyen promised when she took office in 2019, the EU has devolved into a pan-Europeanminnow, offering a degree of bemusement to the real players at the top table, while mostly just embarrassing itself amid its cacophony of contradictions.
To sum up: Over the course of just 24 hours, the Commission went from announcing it would suspend all aid to the Palestinians to signaling it would increase the flow of funds.
The EU’s response to the events on the ground in Israel was no less confused. Even as Israel was still counting the bodies from the most horrific massacre in the Jewish state’s history, Borrell, a longtime critic of the country who has effectively been declared persona non grata there, resorted to bothsidesing.
Borrell, a Spanish socialist, condemned Hamas’ “barbaric and terrorist attack,” while also chiding Israel for its blockade of Gaza and highlighting the “suffering” of the Palestinians who voted Hamas into power.
Compare that with the messaging from Washington.
“In this moment, we must be crystal clear,” U.S. President Joe Biden said in a special White House address Tuesday. “We stand with Israel. We stand with Israel. And we will make sure Israel has what it needs to take care of its citizens, defend itself, and respond to this attack.”
Biden noted that he’d called France, Germany, Italy, and the United Kingdom to discuss the crisis. Notably not on the list: any of the EU’s “leaders.”
🔗 https://www.politico.eu/article/israel-hamas-war-europe-eu-power-irrelevance/
Humanitarian lawyer and ex-aid worker Andrew MacLeod exposes the involvement of UN security staff in the sex trafficking of young girls, who were kept in cages and abused as sex slaves, with the full knowledge of the UN's leadership.
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Dr. David Martin: "Remdesivir was too unethical to put into Ebola clinical trials in Africa because it had a 53% kill rate."
"But it was chosen in April and May of 2020 to be the drug of choice to treat Covid... despite the fact that the World Health Organisation said it was unethical to use it."
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Serious allegations from former CIA officer Larry Johnson about Senator Lindsey Graham: “There will be news coming out in the next couple of months about how he has profited financially off of money that came out of Ukraine, laundered through Latvia and made it way into his bank account. And now we're talking significant amounts of money. Department of justice is looking at it.”
🇮🇱 ❌ 🇮🇷 🛢 📈 — Deutsche Bank: Oil Prices will go to $125/barrel if the Iran-Israel conflict spills over into the Straight of Hormuz
@CIG_Telegram
Developments in the Iran-Israel war. It is currently 1:11am in Tel Aviv and 1:42am in Tehran.
Main points:
Iran and Israel have started targeting each other’s energy infrastructure.
Iranian missiles continued to target and impact northern and central Israel.
Israel has started targeting Iranian oil infrastructure, including oil refineries and oil depots.
Israeli airstrikes continue to target various parts of Tehran and the surrounding areas.
Iranian air defence seems to finally be doing some damage to Israeli missiles and drones. In turn, Israel has deployed dozens of small quadcopters and loitering munitions to waste Iranian air defence and saturate for larger attacks with cruise missiles.
Drones launched from Iran and factions in Iraq continue to target northern and southern Israel.
Missiles & drones:
2 rockets were launched from the Khan Younis area of southern Gaza by an unknown Palestinian faction. Neither were intercepted, with the IDF claiming they hit an open area with no casualties.
2 rockets were ...
OIL MARKETS REACT SHARPLY TO ESCALATING MIDDLE EAST TENSIONS
📈 WTI CRUDE IS NOW FORECAST TO HIT $94.10 BY YEAR-END, UP OVER $21 IN A WEEK, ACCORDING TO KALSHI MARKETS.
THE JUMP FOLLOWS IRAN’S CANCELLATION OF NUCLEAR TALKS WITH THE U.S., CITING ISRAELI AIRSTRIKES. WITH TENSIONS RISING, MARKETS ARE PRICING IN THE RISK OF REGIONAL ESCALATION AND POTENTIAL DISRUPTION TO OIL FLOWS THROUGH THE STRAIT OF HORMUZ, A KEY ROUTE FOR 20% OF GLOBAL OIL.
ANALYSTS WARN THAT A FULL CLOSURE OF THE STRAIT COULD PUSH PRICES ABOVE $120–$150 PER BARREL. ...
