Lowering Russian Oil Price Cap 'Unprofitable' for US, as Crude Cost Dip Would 'Hit Its Producers'
In order to impose sanctions on Russia, a price cap of $60 per barrel was implemented on Russian oil in December, along with a prohibition on seaborne exports. Additionally, the G7 countries and Australia placed a limit on Russian crude exports, which will be reviewed every two months to ensure it remains 5 percent below the International Energy Agency benchmark. If the price cap for Russian oil were lowered, it would not be beneficial for American producers, as this mechanism also impacts their prices. Therefore, the United States would not benefit from a revision of the price cap for Russian oil.
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In order to impose sanctions on Russia, a price cap of $60 per barrel was implemented on Russian oil in December, along with a prohibition on seaborne exports. Additionally, the G7 countries and Australia placed a limit on Russian crude exports, which will be reviewed every two months to ensure it remains 5 percent below the International Energy Agency benchmark. If the price cap for Russian oil were lowered, it would not be beneficial for American producers, as this mechanism also impacts their prices. Therefore, the United States would not benefit from a revision of the price cap for Russian oil.
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German Opposition Party AfD Pulls Ahead Green Party First Time Since 2018
In a recent poll conducted by the Institute for New Social Answers (INSA) for a German newspaper, the right-wing opposition party Alternative for Germany (AfD) has surpassed Alliance 90/The Greens, a member of the government coalition, for the first time since 2018.
Meanwhile, the Bundestag has passed an electoral reform that will reduce the number of seats in the German parliament from 736 to 630 starting from the next legislative term, a move that has been criticized by opposition parties who plan to contest the changes in court. These modifications are expected to come into effect during the next election, which is scheduled to occur in 2025.
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In a recent poll conducted by the Institute for New Social Answers (INSA) for a German newspaper, the right-wing opposition party Alternative for Germany (AfD) has surpassed Alliance 90/The Greens, a member of the government coalition, for the first time since 2018.
Meanwhile, the Bundestag has passed an electoral reform that will reduce the number of seats in the German parliament from 736 to 630 starting from the next legislative term, a move that has been criticized by opposition parties who plan to contest the changes in court. These modifications are expected to come into effect during the next election, which is scheduled to occur in 2025.
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๐ฆ๐ช๐ธ๐พSyrian President Bashar Assad has arrived in the United Arab Emirates accompanied by a delegation of ministers to hold talks with the country's president, Sheikh Mohamed bin Zayed al Nahyan, Assad's office said on Sunday.
"President Bashar Assad arrived in the United Arab Emirates on the official visit this afternoon ... He was received at the Abu Dhabi presidential airport by His Highness Sheikh Mohamed bin Zayed al Nahyan, the president of the United Arab Emirates," the presidential office said on Telegram.
The president's delegation includes a number of ministers and the charge d'affairs of the Syrian Embassy in Abu Dhabi.
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"President Bashar Assad arrived in the United Arab Emirates on the official visit this afternoon ... He was received at the Abu Dhabi presidential airport by His Highness Sheikh Mohamed bin Zayed al Nahyan, the president of the United Arab Emirates," the presidential office said on Telegram.
The president's delegation includes a number of ministers and the charge d'affairs of the Syrian Embassy in Abu Dhabi.
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๐ธ๐ฆ๐ฎ๐ทSaudi king invites Iranian president to pay official visit to Saudi Arabia
Saudi King Salman bin Abdulaziz Al Saud has sent a letter to Iranian President Ebrahim Raisi, inviting him to visit Saudi Arabia following the official resumption of bilateral relations between the countries, Deputy Chief of Staff for Political Affairs to Iran's President Mohammad Jamshidi said on Sunday.
"In a letter to President Raisi, H.E Salman bin Abdulaziz the King of Saudi Arabia welcomed the deal btw the 2 brotherly countries, invited him to Riyadh & called for strong economic/regional cooperation," Deputy Chief of Staff for Political Affairs to Iran's President Mohammad Jamshidi tweeted
The Iranian official added that Raisi welcomed the invitation and stressed the country's readiness to expand cooperation.
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Saudi King Salman bin Abdulaziz Al Saud has sent a letter to Iranian President Ebrahim Raisi, inviting him to visit Saudi Arabia following the official resumption of bilateral relations between the countries, Deputy Chief of Staff for Political Affairs to Iran's President Mohammad Jamshidi said on Sunday.
"In a letter to President Raisi, H.E Salman bin Abdulaziz the King of Saudi Arabia welcomed the deal btw the 2 brotherly countries, invited him to Riyadh & called for strong economic/regional cooperation," Deputy Chief of Staff for Political Affairs to Iran's President Mohammad Jamshidi tweeted
The Iranian official added that Raisi welcomed the invitation and stressed the country's readiness to expand cooperation.
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๐ฎ๐ฑ๐ต๐ธIsrael, Palestine agree to create mechanism to curb violence
Sharm el-Sheikh on Sunday hosted a five-sided meeting between Israel, Palestine, Egypt, the United States and Jordan aimed at de-escalation in the region.
"The two sides agreed to establish a mechanism to curb and counter violence incitement and inflammatory statements and actions, which will report to the quintet leadership in April, in a resumed session of the meeting in Sharm El Sheikh," the Egyptian Foreign Ministry's spokesperson tweeted.
The sides have also agreed to take step toward improving the economic conditions of the Palestinian people and reaffirmed the importance of continuing to hold such meetings "with a view to consolidating the basis for direct negotiations between the Palestinians and the Israelis," according to the statement.
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Sharm el-Sheikh on Sunday hosted a five-sided meeting between Israel, Palestine, Egypt, the United States and Jordan aimed at de-escalation in the region.
"The two sides agreed to establish a mechanism to curb and counter violence incitement and inflammatory statements and actions, which will report to the quintet leadership in April, in a resumed session of the meeting in Sharm El Sheikh," the Egyptian Foreign Ministry's spokesperson tweeted.
The sides have also agreed to take step toward improving the economic conditions of the Palestinian people and reaffirmed the importance of continuing to hold such meetings "with a view to consolidating the basis for direct negotiations between the Palestinians and the Israelis," according to the statement.
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Macron's Approval Rating Drops to Record Low of 28% Amid Pension Reform
According to a recent poll by a French newspaper, the approval rating of French President Emmanuel Macron has fallen to 28%, a level not seen since the yellow vests protests in 2019.
This drop in approval comes after Macron utilized Article 49.3 of the French Constitution, which enables the government to override parliament and increase the retirement age, a decision that has been met with criticism.
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According to a recent poll by a French newspaper, the approval rating of French President Emmanuel Macron has fallen to 28%, a level not seen since the yellow vests protests in 2019.
This drop in approval comes after Macron utilized Article 49.3 of the French Constitution, which enables the government to override parliament and increase the retirement age, a decision that has been met with criticism.
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Russia is not the only country that does not recognize the International Criminal Courtโs authority. Take a look at Sputnik's infographics to find out who else is on the same side.
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Forwarded from Sputnik Africa
๐ Africans need to start "decolonizing their consciousness and minds," Kassaye Nigussie, professor of the theory and history of international relations at Russia's RUDN university, says
๐ฃ "The system imposed on us remains intact, exploiting former colonies. Former metropolises have been sending proxies to control African reserves, ending up in charge of Africa's scientific sphere, resources, and manpower," Nigussie said at the second Russia-Africa parliamentary conference.
โช๏ธ He believes Western languages and cultures are offered "at a very high price" of losing African identity, adding that the idea of multilingualism being a problem causing Africa's backwardness is not true and supporting it with the example of Russia with its "rich linguistic background and multiculturalism"
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๐ฃ "The system imposed on us remains intact, exploiting former colonies. Former metropolises have been sending proxies to control African reserves, ending up in charge of Africa's scientific sphere, resources, and manpower," Nigussie said at the second Russia-Africa parliamentary conference.
โช๏ธ He believes Western languages and cultures are offered "at a very high price" of losing African identity, adding that the idea of multilingualism being a problem causing Africa's backwardness is not true and supporting it with the example of Russia with its "rich linguistic background and multiculturalism"
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๐นRepair units continue to maintain military hardware used in the special military operation
The maintenance specialists have deployed repair stations to carry out their work.
The video courtesy of Russian MoD.
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The maintenance specialists have deployed repair stations to carry out their work.
The video courtesy of Russian MoD.
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Former Pakistani Prime Minister Khan Charged With Terrorism
In his video message, the former prime minister said that his opponents intend to either put him in prison or kill him, and denounced the raid on his home in Lahore as "shameful tactics, conspiracies and plans."
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In his video message, the former prime minister said that his opponents intend to either put him in prison or kill him, and denounced the raid on his home in Lahore as "shameful tactics, conspiracies and plans."
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๐บ๐ธ๐ฎ๐ฑ Joe Biden has talked to Benjamin Netanyahu over the phone, offering support in resolving issues relating to the controversial judicial reform in Israel, the White House said.
๐ฌ โThe President reinforced the need for all sides to take urgent, collaborative steps to enhance security coordination, condemn all acts of terrorism, and maintain the viability of a two-state solution," the White House said in a Sunday statement after the talks.
According to the release, Biden told Netanyahu that there should be a genuine checks and balances system in all "democratic societies" and major changes must be enacted with a broad base of popular support.
๐ฌ "President Biden reiterated his unwavering commitment to Israelโs security and the ongoing cooperation between our national security teams, including to counter all threats posed by Iran. Both leaders agreed to stay in regular contact over the coming weeks," the White House said.
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๐ฌ โThe President reinforced the need for all sides to take urgent, collaborative steps to enhance security coordination, condemn all acts of terrorism, and maintain the viability of a two-state solution," the White House said in a Sunday statement after the talks.
According to the release, Biden told Netanyahu that there should be a genuine checks and balances system in all "democratic societies" and major changes must be enacted with a broad base of popular support.
๐ฌ "President Biden reiterated his unwavering commitment to Israelโs security and the ongoing cooperation between our national security teams, including to counter all threats posed by Iran. Both leaders agreed to stay in regular contact over the coming weeks," the White House said.
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๐ฐ๐ต Pyongyang says it conducted drills to improve nuclear counterattack preparedness, North Korean state media reported.
North Korean leader Kim Jong-un oversaw the drills held on Saturday and Sunday, including the launch of a ballistic missile. The test-firing was conducted to verify the operation of nuclear explosion control devices and detonators.
Kim Jong-un "stressed the need to let service personnel get familiar with any unexpected circumstances and make them more perfectly prepared in their active posture of making an immediate and overwhelming nuclear counterattack anytime," the report said.
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North Korean leader Kim Jong-un oversaw the drills held on Saturday and Sunday, including the launch of a ballistic missile. The test-firing was conducted to verify the operation of nuclear explosion control devices and detonators.
Kim Jong-un "stressed the need to let service personnel get familiar with any unexpected circumstances and make them more perfectly prepared in their active posture of making an immediate and overwhelming nuclear counterattack anytime," the report said.
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10 Years, 40 Meetings: What to Expect From Xi Jinpingโs Visit to Russia for Talks With Putin
Chinese President Xi Jinping will embark on a three-day state visit to Russia on Monday at the invitation of his Russian counterpart, Vladimir Putin.
What issues are the two leaders expected to discuss? Whatโs the significance of the trip, and what message does he plan to convey to Moscow and the rest of the world?
Click here for answers
Chinese President Xi Jinping will embark on a three-day state visit to Russia on Monday at the invitation of his Russian counterpart, Vladimir Putin.
What issues are the two leaders expected to discuss? Whatโs the significance of the trip, and what message does he plan to convey to Moscow and the rest of the world?
Click here for answers
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Forwarded from Sputnik News India
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โก๏ธ ๐ฎ๐ณ All mobile internet services, all SMS services (except banking & mobile recharge) & all dongle services provided on mobile networks, except the voice call, have been suspended in Punjab till March 21
This comes after on Sunday, videos emerged on social media showing a group of supporters of the Khalistan separatist movement protesting outside the Indian mission in London ๐ฌ๐ง in the wake of police action against fugitive Amritpal Singh.
This comes after on Sunday, videos emerged on social media showing a group of supporters of the Khalistan separatist movement protesting outside the Indian mission in London ๐ฌ๐ง in the wake of police action against fugitive Amritpal Singh.
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#USInvasionofIraq20๐ฎ๐ถ The US invasion of Iraq was marked by mass protests around the world, with the biggest rallies of February 15 and 16, 2003 being attended by six to ten million people worldwide. The outcry, however, did not break the Pentagonโs war plans.
Sputnik sat down with two prominent American anti-war activists to discuss the rise and the eventual decline of the US grassroots peace movement during the Iraq War.
Michael ลฝmolek teaches world history, international studies, and development studies at the University of Iowa. In the early 2000s he was among those actively opposing the bombing, sanctions and military occupation of Iraq. ลฝmolek was one of the organizers of the February 15, 2003 protest in New York.
He said that many mainstream outlets have been bringing grist to Pentagonโs mill, giving much less airtime to peace activists and mostly voicing talking points of the Bush administration:
๐ฌ โIt's hard to get a strong, consistent, pro-peace anti-war position when you've got a lot of groups that, say, are working with one or the other parties, or are much larger than most of the other groups. Nobody's really clear what their agenda is, and yet they're organizing the rallies. A lot of people show up for rallies with no idea who the organizers were. It's a bit like herding cats.โ
Click here to learn more about the rise and fall of the US anti-war movement
Sputnik sat down with two prominent American anti-war activists to discuss the rise and the eventual decline of the US grassroots peace movement during the Iraq War.
Michael ลฝmolek teaches world history, international studies, and development studies at the University of Iowa. In the early 2000s he was among those actively opposing the bombing, sanctions and military occupation of Iraq. ลฝmolek was one of the organizers of the February 15, 2003 protest in New York.
He said that many mainstream outlets have been bringing grist to Pentagonโs mill, giving much less airtime to peace activists and mostly voicing talking points of the Bush administration:
๐ฌ โIt's hard to get a strong, consistent, pro-peace anti-war position when you've got a lot of groups that, say, are working with one or the other parties, or are much larger than most of the other groups. Nobody's really clear what their agenda is, and yet they're organizing the rallies. A lot of people show up for rallies with no idea who the organizers were. It's a bit like herding cats.โ
Click here to learn more about the rise and fall of the US anti-war movement
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โ๏ธLatest statements from Russiaโs Foreign Intelligence Service on the ongoing conflict in Syria:
โช๏ธThe US is planning to hand over dozens of four-wheel drive pickup trucks with heavy machine guns, as well as Igla MANPADS, TOW and NLAW anti-tank missiles, to Islamist groups in Syria;
โช๏ธRepresentatives of US ะกentral ะกommand take part in the planning of the most important operations against Syrian government;
โช๏ธWashington's close engagement with Islamic terrorists is a manifestation of state terrorism;
โช๏ธThe US continues to use Islamist groups under its control in Syria to undermine the positions of the legitimate government of this country.
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โช๏ธThe US is planning to hand over dozens of four-wheel drive pickup trucks with heavy machine guns, as well as Igla MANPADS, TOW and NLAW anti-tank missiles, to Islamist groups in Syria;
โช๏ธRepresentatives of US ะกentral ะกommand take part in the planning of the most important operations against Syrian government;
โช๏ธWashington's close engagement with Islamic terrorists is a manifestation of state terrorism;
โช๏ธThe US continues to use Islamist groups under its control in Syria to undermine the positions of the legitimate government of this country.
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๐จ๐ณ๐ท๐บ Xi Jinpingโs plane is already over Russiaโs Kirov Region and will soon land in Moscow, Flightradar data shows.
More than 10,000 Flightradar users are tracking a Chinese plane believed to be the one flying to Moscow with the Chinese president on board. This aircraft now ranks number one in the worldโs topmost tracked flights.
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More than 10,000 Flightradar users are tracking a Chinese plane believed to be the one flying to Moscow with the Chinese president on board. This aircraft now ranks number one in the worldโs topmost tracked flights.
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Sweden Lacks 'Plan B' for NATO Bid as Finland Gears Up to Join First
Sweden's already troubled NATO talks were complicated further at the start of 2023 by a string of high-profile provocations, which include Turkish President Recep Erdogan hanged in effigy in Stockholm, a Quran-burning, ostensibly intended as a "lesson in free speech" for Turkiye, and, lastly, a cartoon contest held by a Swedish newspaper specifically to mock the Turkish leader.
Billstrom admitted that his country "has a longer way to go than Finland," yet said he was "completely convinced" that Sweden would join the US-led military bloc during the allianceโs summit in Vilnius, Lithuania in July.
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Sweden's already troubled NATO talks were complicated further at the start of 2023 by a string of high-profile provocations, which include Turkish President Recep Erdogan hanged in effigy in Stockholm, a Quran-burning, ostensibly intended as a "lesson in free speech" for Turkiye, and, lastly, a cartoon contest held by a Swedish newspaper specifically to mock the Turkish leader.
Billstrom admitted that his country "has a longer way to go than Finland," yet said he was "completely convinced" that Sweden would join the US-led military bloc during the allianceโs summit in Vilnius, Lithuania in July.
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