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Category: War and geopolitics

China Power Crunch Could Force Global Food Prices Even Higher

China Power Crunch Could Force Global Food Prices Even Higher

Zero Hedge, 30 September, 2021 Global food prices climbed back to near-decade highs in early September, reviving concerns about inflationary pressures. A newly emerging risk that many have missed and could catapult food prices even higher this fall/winter is China’s difficult harvest season as power curbs hurt the outlook for production, according to Bloomberg.  Autumn harvest has begun for the world’s second-largest economy amid power constraints in at least 20 Chinese provinces and regions, making up more than 66% of the country’s GDP. Some of these regions are industrial…

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China’s “Evergrande” Misses SECOND Interest Payment on U.S. Bond Debt

China’s “Evergrande” Misses SECOND Interest Payment on U.S. Bond Debt

Hal Turner, 30 September, 2021   This could be the biggest story of the day, week, month and the year…if not the decade. Posting some quotes below. Evergrande is HUGE, HUGE and HUGE. They owe $1.95 TRILLION and can no longer make the interest payments a mere $300 BILLION of their debts. They are approximately 5-6 times the size of Lehman Brothers, which almost took down the entire worldwide financial system in 2008-09. Evergrande’s collapse can no longer be avoided…

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The energy crisis deepens

The energy crisis deepens

China requests emergency power from Russia as coal shortages leave cities without electricity & factories grind to a standstill Beijing has reportedly asked one of Russia’s largest power companies to step up its exports of electricity to China after days of brownouts blamed on scarce supplies of coal caused chaos across the world’s most populous country. On Wednesday, the Inter RAO energy conglomerate revealed that it had received a request from authorities in the East Asian nation to help relieve…

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Power Crisis Deepens In Asia And Europe: What It Means To Shipping

Power Crisis Deepens In Asia And Europe: What It Means To Shipping

By Greg Miller of American Shipper, There’s panic-buying of gasoline in the U.K. Natural gas prices in Europe and Asia are skyrocketing. Protests are breaking out across Europe due to spiking electricity bills. India and China are short of coal for utilities. Power is being rationed to factories in multiple Chinese provinces — and winter is coming. First came the COVID-induced global supply chain crisis for container shipping. Now comes a power crunch across Asia and Europe. Energy commodity stockpiles…

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All Hell Is Breaking Loose In Energy Markets

All Hell Is Breaking Loose In Energy Markets

https://www.zerohedge.com/markets/all-hell-breaking-loose-energy-markets By now readers are well aware that Europe is suffering from a historic gas crisis, one which according to Rabobank is now even more extreme than the US oil price shock. And unfortunately for Europe’s population, with every passing day – and to a lesser extent hedge funds such as Statar Capital which suffered a big loss in the past few days – it’s only getting worse. As Bloomberg’s Javier Blas notes today, both UK NBP and Dutch TTF natural gas benchmarks have closed…

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Nervous Chinese Officials Ban Crypto Currencies as Evergrande Teeters on Edge

Nervous Chinese Officials Ban Crypto Currencies as Evergrande Teeters on Edge

Today on TRUNEWS, shocking news out of China, as the debacle taking place with Evergrande has now prompted Communist China to put up a Great Digital Wall, forbidding all crypto transactions in the nation. Robert F. Kennedy, Jr. is under attack by the left for his opposition to the vaccine mandate, and for picking up dead animals on the road. COVID media darling Dr. Leanna Wen makes some confusing statements regarding the vaccinated versus the unvaccinated. Rick Wiles, Raymond Burkhart,…

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What Really Happened in Wuhan

What Really Happened in Wuhan

‘What Really Happened in Wuhan’ author Sharri Markson raised questions surrounding the origins of COVID-19 during an interview on “Fox & Friends” Thursday. The award-winning investigative journalist and Sky News host spoke of her interview with a Chinese defector regarding what he knows about the origins of COVID-19 and what he revealed to American officials. The full interview will be featured in a one-hour documentary slated to air Tuesday, September 21, on Fox Nation. In it, Markson sits down with a range of Chinese whistle-blowers,…

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China’s $300 billion time bomb: Will China export a global financial crisis?

China’s $300 billion time bomb: Will China export a global financial crisis?

Former Lehman Trader On “China’s Lehman Moment” By Larry McDonald, former trader at Lehman Brothers, author of “A Colossal Failure of Common Sense” and publisher of the Bear Traps Report My name is Larry McDonald, that is the UK cover above. In the years before the failure of Lehman Brothers, I ran a successful distressed credit business at what was the 4th largest investment bank in the U.S. – becoming one of the most consistently profitable traders in the fixed…

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China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

The next Lehmann Bros.? I doubt you will see this in your headlines Zero Hedge, 16 September, 2021 Up until now the collapse of China’s Evergrande was very much a slow motion affair, captured perhaps best by Forte Securities trader Keith Temperton who said that “the Asian banks will get hit hard if there’s a default, but then there will be a 10-year recovery process. The market’s getting a hang of it. The way they’ve managed the news flow seems…

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Sub Snub: Biden Drives Wedge Between NATO and Australia

Sub Snub: Biden Drives Wedge Between NATO and Australia

This is something has has all the marks of completely upsetting strategic alliances with China, France and the European Union being angry at this secret deal.  Today on TruNews, we discuss the new nuclear alliance between the US, the UK and Australia, that is provoking enemies such as China, and angering allies such as France. Will this new partnership push the EU into the arms of a waiting Russia? Kerry joins Rick and Doc to talk COVID, including how even…

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