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<figure id="attachment_24485" aria-describedby="caption-attachment-24485" style="width: 300px" class="wp-caption alignleft"><figcaption id="caption-attachment-24485" class="wp-caption-text">Click On Picture To See Larger Picture</figcaption></figure>Trump sends warning to UK, get rid of windmills, do you see what is happening to Germany. China’s economy is imploding, the stimulus is not working. Trump is going to use Bitcoin and strategic move to counter the [CB] and China. The [DS] is now making moves to create as much chaos as possible. Why did the [DS] use military in the [FF] events. Are they beginning a narrative about the military? Mike Johnson has become the speaker once again. Optics are very important. Trump and Mike Johnson are working together. Trump is holding a rally on national popcorn day.
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Economy
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US oil firm Apache has announced plans to exit the North Sea because the windfall tax has made its UK operations “uneconomic”.
The Texas firm will cease all production at its UK assets by December 2029, “well ahead of what would have been an otherwise reasonable time frame”.
In addition to criticising the UK’s Energy Profits Levy — otherwise known as a windfall tax — John Christmann, chief executive of Apache parent firm APA, said UK regulators issued new rules that will require “substantial new emissions control investments” on facilities that operate in the North Sea beyond 2029.
He said: “After six months of evaluation, we have concluded that the investment required to comply with these regulations… coupled with the onerous financial impact of the Energy Profits Levy makes production of hydrocarbons beyond the year 2029 uneconomic.”
Apache took control of the Forties field in 2003 but suspended all new drilling activity last year. The firm will run a “very limited capital programme” in the North Sea next year before those assets are ultimately decommissioned, Mr Christmann said.
https://twitter.com/KobeissiLetter/status/1875178346918879261
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- China and Russia have shed billions of dollars worth of U.S. Treasury holdings while growing their stockpiles of gold. Our sanctions, designed to separate countries from the “Western” economic system, are no longer enough of a deterrent for those who can control financial activity within their borders and project their power outward.
- Authoritarian adversaries — including China, Iran and Russia — are actively building parallel cross-border economic systems that will pull into their orbits not only neighboring countries but also our allies who trade heavily with them.
- China sees financial technology and cryptocurrency as tools to extend its financial power and surveillance globally. The United States must respond in two ways: export our financial technology and systems worldwide and embrace bitcoin as a strategic reserve asset instead of stifling innovation.
- Lawmakers and politicians on both sides of the aisle, most notably President-elect Donald Trump, recognize the power of holding bitcoin on the nation’s balance sheet as a hedge against inflation. This direction would also strengthen U.S. resilience against economic challenges posed by China’s financial strategies.
- in our rapidly digitizing world, the absence of a native digital asset in this portfolio is becoming increasingly conspicuous.
- With its global reach and growing adoption, bitcoin is the ideal candidate to fill this gap. Often called “digital gold,” bitcoin is a scarce commodity. The U.S. is the largest nation-state holder of bitcoin, having seized 210,000 coins from illegal actors. This gives the U.S. a first-mover advantage and could secure our economic future.
- Critics may argue that bitcoin’s volatility makes it unsuitable as a reserve asset. However, this volatility will likely decrease as adoption grows and the market matures.
Source: zerohedge.com
Political/Rights
https://twitter.com/MrAndyNgo/status/1875153937462173853
https://twitter.com/PeterSweden7/status/1875166823207080007
- The US Judicial Conference on rejected another Democrat plot to launch a lawfare attack on Supreme Court Justice Clarence Thomas.
- The Democrat-media complex is harassing Clarence Thomas because the ultimate goal is to expand the Supreme Court.
- Last year Propublica launched an attack on Clarence Thomas because he took vacations with a billionaire Republican donor.
Source: thegatewaypundit.com
Geopolitical/Police State
- Mark Zuckerberg is going all out to rehabilitate his image with Donald Trump and his supporters.
- Nick Clegg, the company’s president for global affairs, would be departing after several years at the helm.
- A former British deputy prime minister, Clegg was one of the most prominent public faces of the company’s aggressive censorship regime against Trump and the MAGA movement in the wake of the January 6th protesters.
- Clegg will be replaced by Joel Kaplan, who served as White House Deputy Chief of Staff under George W. Bush.
- According to Semafor, Kaplan “has been one of the most forceful voices inside Meta against restrictions on political speech, arguing internally that such policies would disproportionately mute conservative voices.”
- The report continues:
Source: thegatewaypundit.com