๐ ๐๐น๐๐ถ๐ฝ๐ผ๐น๐ฎ๐ฟ ๐ง๐ฟ๐ฎ๐ป๐๐ถ๐๐ถ๐ผ๐ป ๐ง๐ถ๐บ๐ฒ๐น๐ถ๐ป๐ฒ Thread Ambr Burns says US 'the leader' in Asia;
Saudi-China plant builds buses in Egypt;
Brazil lets 2 Iran warships dock;
Japan buys 400 Tomahawks, $400Mn war budget;
G20: Blinken & Lavrov;
2/14 Lavrov blames West for food shock;
S. Korea asks if it can save chip fabs;
Lukashenko state visit to Beijing;
ECB: Profiteering, not wages, inflationary;
Iran holds 2nd largest lithium reserve;
Macron ends French misrule in Africa;
ADNOC $2.5Bn IPO.
What it fundamentally is all about.
Nicholas Burns, US ambassador to China: "[China needs to accept] that the U.S. is staying in the [Asia-Pacific] region, we're the leader in this region"
nbcnews.com/video/china-neโฆ
Welcome to the multipolar world:
The US ambassador in Brazil,Elizabeth Bagley,urged the govt. of Brazil not to allow Iran's ships to dock.
"We firmly believe those ships should not dock anywhere"
Meanwhile Iranian navy warships Makran and Dena berthed in Rio on Sunday.
Prime Minister Kishida has announced a 400% budget increase in weapons purchases from the US, to buy Japan first offensive weapons with overseas strike capability since World War 2.
US will support Ukraine "for as long as it takes", Antony Blinken tells Russia's Sergei Lavrov in first face-to-face meeting since invasion bbc.in/41BbIoS
RUSSIAN FOREIGN MINISTER LAVROV at the G20: "Itโs time to stop playing the food card. This crisis stems from the West printing trillions of US dollars and euros early on during the COVID-19 pandemic and buying up food supplies around the world. Today, the bulk of grain supplies fhipped at giveaway fodder prices to the EU, rather than to the poorest countries that need them.
Russiaโs efforts to export agricultural products are openly obstructed around the world, no matter how hard the EU officials, who are so used to telling lies, are trying to convince everyone otherwise. Batches of free Russian fertilisers, in particular, for Africa, remain blocked at European ports. Without any scruples, the West is burying the UN Secretary-Generalโs well-known humanitarian initiative."
South Korea to ask US to let chip makers keep investment in China
Seems to be no clear path ahead here, with South Korean companies have billions in sunk capex in China and requiring clarity on technology roadmap
sc.mp/hhzq
โNornickelโs Chinese customers are also pushing to link long-term contracts to Shanghai prices, the people said...โ
Source: bloomberg.com/news/articles/โฆ
oh hi @European Central Bank in the spirit of transparency and expectations anchoring, would be great if you could share those internal slides showing it's corporate profits, not wages, driving inflation
reuters.com/markets/europeโฆ
Abu Dhabiโs Adnoc Gas Raises $2.5 Billion in Yearโs Biggest IPO
Adnoc sold 3.84 billion shares at 2.37 dirhams apiece
Middle East has seen a wave of IPOs on high oil prices
bloomberg.com/news/articles/โฆ
https://t.co/mdZoX7ccwB's Multipolar Transition Timeline tracks events leading a unipolar dollarised global economy to a multipolar multicurrency global economy.