Monday, June 27, 2022

Kremlin Says Russian President Putin Will Attend The G20 Summit

© Yevgeny Paulin/Russian Presidential Press and Information Office/TASS  

RT: Putin to attend G20 summit – Kremlin  

The Russian leader will travel to Indonesia for the meeting, despite Western leaders calling for Moscow’s expulsion  

Russian President Vladimir Putin will attend the G20 summit in Indonesia this November, the Kremlin announced on Monday. While multiple Western leaders have demanded Russia’s expulsion from the event, Indonesian President Joko Widodo, who is hosting this year's gathering, has invited Putin to the meeting in Bali. 

Russian presidential aide Yuri Ushakov announced Putin’s attendance, but told reporters that it is still unclear in what capacity the Russian leader will participate. “I hope that the pandemic will allow this important forum to be held in person, but I cannot guess,” Ushakov said. 

Read more ....  

WNU Editor: The G20 summit will be held in Bali, Indonesia, from November 15-16.

Kremlin Says Russian President Putin Will Attend The G20 Summit  

Moscow confirms Putin’s participation in G20 summit, details are being finalized — Kremlin -- TASS  

Kremlin says Putin will attend G20 summit -- Politico 

Russia Says Putin Will Be Part Of G20 Summit—Setting Stage For Showdown With Western Leaders -- Forbes

Iran Says Saudi Arabia Wants To Resume Diplomatic Talks With Iran

Iranian President Ebrahim Raisi did not mention Saudi Arabia during a Sunday press conference with Iraqi Prime Minister Mustafa al-Kadhimi, but further direct talks between Tehran and Riyadh look likely [President's Website/WANA/Handout via Reuters]  

Al Jazeera: Iran claims Saudi Arabia is ready for more direct bilateral talks 

The last direct talks between Riyadh and Tehran were held in April, as the two sides mull over a rapprochement. 

Tehran, Iran – Iran’s foreign ministry says Saudi Arabia is ready to hold more direct bilateral talks, one day after the Iraqi Prime Minister Mustafa al-Kadhimi travelled to Tehran to mediate between the two regional rivals. 

Foreign ministry spokesman Saeed Khatibzadeh told reporters during a press conference on Monday that Riyadh is ready to “continue negotiations in Baghdad on a diplomatic level” without commenting on a possible date.  

Read more ....  

WNU Editor: The distrust between Saudi Arabia and Iran is so deep that I doubt there will be reconciliation between the two sides anytime soon.

Iran Says Saudi Arabia Wants To Resume Diplomatic Talks With Iran  

Iran Says Saudi Arabia Wants to Resume Diplomatic Talks With Tehran -- Reuters  

Iraqi PM visits Saudi Arabia and Iran to discuss regional stability -- AFP 

Iraqi PM Arrives in Iran After Saudi Visit to Push for Revival of Tehran-Riyadh Talks -- VOA 

Iraqi PM in Iran after Saudi visit to push for revival of Tehran-Riyadh talks -- Reuters 

Iraqi PM Mustafa al-Kadhimi in Iran after MBS visit -- Al Jazeera  

Iraq PM visits Saudi Arabia and Iran in bid to revive talks between two sides -- Middle East Eye

Iran Is Facing A Food Crisis

The head of one hospital said: "In the coming weeks, it will be impossible for many public or private medical centers to provide hot meals, especially protein-rich foods, to hospitalized patients because this increase in food prices was not seen in any hospital budget." (file photo)  

RFE: Iranian Institutions Facing Food Shortages As Prices Skyrocket 

Local media in Iran say public institutions such as hospital, prisons, and child-care centers are facing possible food shortages due to skyrocketing prices. 

The Tehran-based Etemad newspaper reported on June 15 that the impending "problem" could hit in "the coming weeks" and that "food supplies will be disrupted not only in hospitals but also in other government facilities such as barracks, prisons, nursing homes, and even student dormitories." 

Etemad quoted the head of a private hospital as saying that a sharp rise in food prices has affected the quality of hospital food to such an extent that freshly made items are likely to be eliminated in public and private hospitals, with packaged foods being used instead.  

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Update: Iranian Food Consumption Plummets As Prices Soar (OilPrice.com/RFE)  

WNU Editor: This is a recipe for widespread unrest.

Sri Lanka Suspends Fuel Sales. Only Essential Services Will Be Supplied With What Is Left

Three-wheeler drivers wait in a queue to buy petrol due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka. (Reuters image) 

 CNBC/Reuters: Sri Lanka stops fuel supply to non-essential services as crisis worsens 

* Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and buses for two weeks starting Tuesday. 

* Sri Lanka is suffering its worst economic crisis, with foreign exchange reserves at a record low and the island of 22 million struggling to pay for essential imports of food, medicine and, most critically, fuel. 

* The government is talks with the International Monetary Fund on a possible bailout, but many people can’t wait that long. 

Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and buses for two weeks starting Tuesday, a minister said, in a desperate attempt to deal with a severe shortage. 

Sri Lanka is suffering its worst economic crisis, with foreign exchange reserves at a record low and the island of 22 million struggling to pay for essential imports of food, medicine and, most critically, fuel.  

Read more .... 

Sri Lanka Suspends Fuel Sales. Only Essential Services Will Be Supplied With What Is Left  

Sri Lanka Runs Out Of Fuel, Only Essential Services To Operate Till July 10 -- NDTV  

Sri Lanka suspends fuel sales as economic crisis worsens -- AFP  

Sri Lanka struggling to secure fresh fuel supplies, minister says -- CNN  

Sri Lanka halts fuel supplies for private vehicles -- Financial Times  

Sri Lanka Is Put on Virtual Lockdown as Fuel Supplies Are Halted -- Bloomberg  

Sri Lanka struggles to secure new fuel shipments as supply runs dry -- Arab News 

 Sri Lanka has barely enough fuel to last one day – media -- RT

Ecuador May Stop Oil Exports As Protests Continue

Indigenous people take part in an anti-government protest amid a stalemate between the government of President Guillermo Lasso and demanding an end to emergency measures, in Quito, Ecuador June 27, 2022. REUTERS/Adriano Machado 

The Guardian: Ecuador: Indigenous protesters agree to meet president to discuss demands 

President Guillermo Lasso announces cut to gas prices in effort to quell protests demanding lower fuel and food prices 

Ecuadorian Indigenous organizations have said they will meet with the government to discuss demands for lower fuel and food prices which have sparked two weeks of protests, hitting the country’s weakened economy and threatening its oil production. 

President Guillermo Lasso late on Sunday announced a 10-cent per gallon cut to gasoline and diesel prices, the latest concession to try to quell the sometimes-violent demonstrations, which began on 13 June. 

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WNU Editor: I am skeptical that these talks between the President and the country's indigenous leaders are going to succeed. The cost of living has become impossible to live under, and there are no solutions. 

Among the politicians, Ecuador's parliament is still pushing to impeach the President .... Ecuador Congress to Extend Debate to Oust Lasso Amid Crisis (Bloomberg). 

More News On The Unrest In Ecuador 

 Ecuador president cuts gasoline price amid Indigenous strike -- AP  

Ecuador could stop pumping oil within 48 hours due to protests -- Reuters 

Ecuador to Stop Pumping Oil in 48 Hours, Energy Ministry Warns -- Bloomberg  

Ecuador president announces fuel price cut amid days of protests -- Al Jazeera  

Ecuador at standstill after two weeks of protests over cost of living crisis -- The Guardian

British PM Johnson Says The UK Economy Getting Crushed A Price “Worth Paying” For Freedom In Ukraine

 

Daily Mail: Boris Johnson says 'the price of freedom is worth paying' and declares WWII was 'very expensive' but delivered 'long-term stability' as G7 pledge support for Ukraine 

* Boris Johnson today declared 'the price of freedom is worth paying' as he was challenged over the cost of his support for Ukraine 

* Compared repelling Russia's invasion to defeat of the Nazis in World War Two 

* Beating Hitler 'was expensive' but ushered in decades of prosperity, he argued 

* G7 leaders pledged fresh sanctions and more military support for Kyiv 

Boris Johnson today declared 'the price of freedom is worth paying' as he compared defeating Russia in Ukraine to beating the Nazis in the Second World War. 

The Prime Minister, attending the G7 summit in Germany, said victory over Hitler was 'very expensive' but delivered 'long-term stability' as he joined other leaders in pledging to support Kyiv for 'as long as it takes'. 

Mr Johnson made the remarks after world leaders pledged to set a price cap on Russian oil and impose trade tariffs to make Putin pay for his invasion, which is now dragging into its fifth month.  

Read more ....  

WNU Editor: My gut tells me that PM Johnson's day at 10 Downing Street are numbered. 

British PM Johnson Says The UK Economy Getting Crushed A Price “Worth Paying” For Freedom In Ukraine  

Ukraine war: The price of freedom is worth paying, says Boris Johnson -- BBC  

FREEDOM FIGHTER Soaring food and fuel costs are a ‘price worth paying’ to beat Mad Vlad, Boris Johnson says -- The SUN 

UK Economy Getting Crushed A Price "Worth Paying" For Freedom In Ukraine: Johnson -- Zero Hedge

A Closer Look At Ukraine's Foreign Legion (Videos)

Five Signs The Russia Economy Is Not Sinking As Many Were Predicting

 

Reuters: A 'default' when flush with cash: Five signs Russia ain't sinking yet 

LONDON (Reuters) - Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast debt pile after the 1917 Revolution, but its $1.8 trillion economy is showing no sign of sinking just yet. 

The sanctions imposed by the West over Russia's invasion of Ukraine delivered the biggest external shock to Russia's economy since the 1991 fall of the Soviet Union, but the economy has - so far - been remarkably resilient. 

Russia's 2022 "default", announced by the United States on Monday but rejected by the Kremlin, is very different to debt crises of previous years: in 1918 the Bolsheviks didn't want to pay and in 1998 Russia could not pay its domestic debts. 

This time, Moscow can pay and says it is ready to but the West is preventing it.  

Read more ....  

Update: Russia’s economy holds up in the face of sanctions – but will it last? (France 24)  

WNU editor: I expected some hard times, but not what many in the West were predicting when sanctions were imposed. Certainly not the economy imploding or the ruble crashing as President Biden was saying in March. 

My prediction. 

Russia will be shifting its economic focus away from the West and more to Asia and the emerging economies in the Middle East and Africa. And what the West should be worried about is the growing ties between Russia and China and their mutual desire to establish a financial system independent from the West, and the dethronement of the U.S. dollar as the reserve currency.

Ukraine President Zelenskiy Calls On G7 Leaders To Help End The War By Winter

 

Daily Mail: Ukraine's President Zelensky appeals to Biden to declare Russia a state sponsor of terrorism during video conference with G7 leaders as he asks for urgent help to end the war by winter 

* Zelensky will warn G7 leaders Monday that they cannot delay weapons deliveries 

* His forces are outgunned by Russian troops in the east of Ukraine 

* It also emerged that the U.S. has bought an advanced missile defense system 

* The Norwegian NASAMS would provide medium to long-range defense

 Ukrainian President Volodymyr Zelensky used a video call with G7 leaders on Monday to demand that the U.S. declare Russia to be a state sponsor of terrorism for its war in Ukraine, according to his office. 

The war in Ukraine dominated several sessions of the G7 summit in southern Germany. And the Ukrainian president appealed directly to President Joe Biden and his fellow leaders in their first session on Monday morning, asking for their help in ending the war before the bitter winter months.  

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WNU Editor: Ukraine President Zelensky has a point. Europe's energy crisis is going to get worse in the coming months, and Zelensky knows that this will result in European governments putting pressure on him to make a deal to end the war. 

 Ukraine President Zelenskiy Calls On G7 Leaders To Help End The War By Winter 

Zelensky tells G-7 summit Ukraine forces face urgent moment -- AP  

Zelensky Urges G7 To Help End Ukraine War by Winter -- Moscow Times/AFP  

Zelenskiy calls on G7 leaders to help end war in Ukraine by winter -- The Guaridan 

Ukraine war: Zelenskyy says he wants war over by winter before conditions make fightback more difficult as G7 leaders reaffirm their support -- SKY News  

G7 leaders work to ‘starve’ Russia of oil money as Zelensky says he wants the war over by the end of the year -- CNN  

Zelensky asks G7 leaders for air defense system, more sanctions -- NYPost  

Zelensky sets deadline for Russia-Ukraine conflict – media -- RT

White House National Security Adviser Says US Preparing To Send Advanced Air Defense Systems To Ukraine

NASAMS is a Norwegian-developed air defense system, which is used in Washington to protect the White House and U.S. Capitol. Reports say the U.S. has bought a system for Ukraine

Daily Mail: The US is to send an advanced long-range missile defense system to Ukraine as President Zelensky urges G7 to help end Russian war by winter 

* Zelensky will warn G7 leaders Monday that they cannot delay weapons deliveries 

* His forces are outgunned by Russian troops in the east of Ukraine 

* It also emerged that the U.S. has bought an advanced missile defense system 

* The Norwegian NASAMS would provide medium to long-range defense 

The U.S. is to announce that it has bought an advanced surface-to-air missile system for Ukraine, according to several reports, as President Volodomyr Zelensky continues to urge more help for his country as it battles heavy Russian attacks in the Donbas region. 

Zelensky used a video address to G7 leaders meeting in Germany to repeat his warnings that delays in delivering military aid would only embolden Russia in its attacks. 

And he asked world leaders for urgent help to end the war by winter, according to diplomatic sources.  

Read more .... 

White House National Security Adviser Says US Preparing To Send Advanced Air Defense Systems To Ukraine  

US preparing to send advanced air defense system to Ukraine -- The Hill  

US to send Ukraine air defence missiles -- CNA/AFP  

US to announce purchase of medium- to long-range surface-to-air missile defense system for Ukraine -- CNN  

U.S. likely to announce this week purchase of missile defense system for Ukraine - source -- Reuters