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Russia and Britain continue to mend economic ties

Here’s why the future of Britain’s economy rests in choosing the right “company”.

Haneul Na'avi

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Mock on; thou hast a place of refuge; I am alone, an exile soon to be.” —Euripides, “Medea”

The 29 November Russo-British Business Forum (RBBF), held at the Queen Elizabeth II Centre in London, hallmarked continued efforts to mend Anglo-Russian business ties.

Russo-British Chamber of Commerce (RBCC) Patron HRH Prince Michael of Kent opened the event, followed by speeches from UK Trade Representative Boris Abramov, UK Ambassador Alexander Yakovenko, Tatarstan President Rustam Minnikhanov, delegates from the House of Lords and Commons, and many others.

Over 35 high-profile speakers in politics, business, AgriTech, FinTech, engineering and finance addressed pertinent topics. Bloomberg Radio’s Caroline Hepker moderated several open panel discussions and delegates signed numerous bilateral agreements.

Other notable projects were showcased, such as the Tatarstan Investment Development Agency (TIDA) and the Western Europe-Western China Transport Corridor (WE-WC), which aims to facilitate trade for the One Belt, One Road (OBOR) Initiative into the European Union.

In an interview, RBCC Board of Directors’ Chairman Roger Munnings expressed that “Brexit is going to require British companies to think adventurously and be faster on their feet — all of which is good,” drawing parallels to Russia’s economic rebound from international sanctions.

Many guests spoke on promising trends in increasing bilateral trade whilst underscoring the importance of closing trade deficits, to which Abramov noted, “Russia sells to Britain 1.7 times more goods and services than Britain sells to Russia”.

An RBBF press release extrapolates,

Over the first 9 months of 2017 Russian exports to the UK increased by 29.4% to US$ 6.5 billion compared to the 9 months of 2016 [whilst imports] from the UK, based on the results of the first 9 months of 2017, increased by 18.7% compared to the same period in 2016.

However, the event, full of optimism, laughter, and networking, was obscured by a dearth of attention to one of the most important obstacles sat in the way of progress: the British state.

In order to determine the future Russo-British ties, this issue must be addressed.

The “Special Relationship” and the State

Capitalism is an unabated sea of competition, alienation and monopolisation, which “always becomes the more destructive for bourgeois relations”, with the state determining such relations.

Vladimir Lenin defines it as,

[…] an organ for the oppression of one class by another [which] legalizes and perpetuates this oppression by moderating the conflict between classes.

Dialectically, Britain is undergoing a painful loss: its “special relationship” with the US empire, a product of the Cold War rising with former UK Prime Minister Winston Churchill and falling with current PM Theresa May.

Friedrich Engles saliently noted that,

The State was the official representative of society as a whole [only] in so far as it was the State of that class which itself represented […]

In this case, it operates solely for the dominant bourgeoisie to crush opposition at home with social-democracy and austerity, or abroad with NATO—the “strange fruits” of such a relationship.

Karl Marx highlights that,

The value of a thing consists solely in its relation to our wants [where] we wish to part with a useless thing, in order to get one that we need [and] exchange something superfluous for something necessary.”

A contradiction ensues: as the British state coalesces capital and power, sections of the bourgeoisie will revolt in order to circulate their commodities to accessible markets.

These two relationships find expression in diametrically opposed value-forms, with the former in the US petrodollar, a money-form used to suspend the production of commodities, and the latter commodities, which must circulate in return for money-forms; Solve et Coagula, in other words.

Marx also notes that hoarding becomes,

…a constantly extending market for gold and silver, unconnected with their functions as money [and] a latent source of supply [principally] in times of crisis and social disturbance.

One particular crisis—Brexit—has become so severe that the British state is compelled to hoard as it prepares for an uncertain future. The material evidence for this must be explored further.

Material Origins of Deteriorating UK-Russian Relations

Post 9/11, Russo-British relations began disintegrating with former UK PM David Cameron, whom reinvigorated the UK-US special relationship with former US president Barack Obama in 2010, cumulating with the 2014 fascist Ukrainian coup, in order to mitigate the EU-Russian trade deficit.

The Guardian quacked that,

[Cameron] said Russia cannot expect to continue enjoying access to European markets and pushed for stronger sanctions against the country, after both the UK and US said they strongly suspect the Malaysia Airlines flight MH17 was struck down in Ukraine by separatists using Russian-made Buk missiles.

Pandering to Washington and Brussels, Cameron rallied against Russia by joining US-EU sanctions, military and media (propaganda) regimes, of course, for completely material reasons.

A Russian embassy communique from Ambassador Yakovenko noted,

The [2013 EU-Ukraine Association] Agreement stipulates that 80% of export tariffs are to be cancelled or lowered right away and further 15% – within 5 years. As a result, we expect the Ukrainian market to be saturated with European goods and components quite quickly, which can lead to Russian goods being displaced from Ukraine and EU [and] that Ukraine will be used as a low-cost transit channel for European goods, […] bypassing the agreed tariff schedule.

This is where the destructive power of capitalist alienation began. Cameron, hoping to alienate British goods to Ukraine via the agreement, was instead alienated by his European counterparts.

The Normandy Four—France, Germany, and Ukraine, and Russia—negotiated the Minsk agreements without London’s participation, infuriating Cameron.

A Russian Embassy resumé discloses that,

Outside the ‘Normandy Four’ and with no stake in the political solution, Britain became the most vociferous critic of Russia and supporter of Kiev’s flawed strategy of military solution.

Thus, Cameron begot Brexit—the perfect alibi. Kowtowing Brussels, Washington and Kiev cost London billions due to collapsing exports to the EU and Russia, with nothing in return.

The OEC stresses that,

During the last five years the exports of the United Kingdom have decreased at an annualized rate of -11.966%, from $446B in 2011 to $404B in 2016.

RT elucidates the timing even further,

Russia-UK trade has almost halved in 2015 as a result of the tit-for-tat sanctions between Russia and the European Union [and that] the total trade between the two countries fell by nearly 50 percent compared with 2014, and the loss is estimated at about $10 billion.

In short, there was nothing special about the special relationship. Even worse, whilst the UK accuses Moscow of hostile “aggression”, it was Britain who severed diplomatic ties to Moscow.

The Russian Embassy highlights,

[At] the moment Russo-British political dialogue is non-existent. London unilaterally froze all the bilateral formats of Inter-Governmental cooperation which proved their worth […] Regular consultations between the foreign ministries have actually ceased.

It continues,

London is not ready either to drop its [visa] sanctions [against] Russian officials, introduced earlier [and still refuses] to fully restore the contacts between special services, [damaging] Russo-British counter-terrorism cooperation.

Not since the 1927 ARCOS incident has a Tory-led government become such a cacophony of Russophobia. Even today, UK Foreign Secretary Boris Johnson channels the humiliation of 1st Earl Stanley Baldwin of Bewdley. History repeats itself, first as tragedy, second as farce.

To understand why, a UK Parliament paper explains,

EU statistics indicate that EU goods exports to the UK amounted to €314 billion in 2016; more than EU goods exports to Brazil, Russia, India and China combined.

So, betrayed by the EU and US, yet dependant on the American state and European economy. Alienated by Brussels, and, under US president Donald Trump, alienated “at the back of the queue”, Britain becomes a shameless Ouroboros of self-destruction. Potentially without markets to which it can alienate its commodities, Britain began doubling down on hoarding.

An Inc. article details why,

[Imagine] you’re in charge of a large public company [and every] three months, investors are picking apart your balance sheets. […] Companies look better on the balance sheet if they hoard their cash–or spend it on low-risk, short-term, in-the-box, incremental innovations.

The British superstructure is being devoured by its material reality, ab irato, whilst its capital and stability remain under constant scrutiny from investors, the European Commission, and the public.

Unfortunately, after PM Tony Blair’s transatlantic honeymoon in Iraq and Afghanistan, British gold reserves plummeted from 588.27 to roughly 310 tonnes (2000-2002) and never recovered, which threatens British quantitative easing plans post-Brexit.

The 2008 global financial crises also aggravated matters to the point where QE began failing for the Bank of England. So, instead of hoarding gold, Britain hordes money-forms via austerity and prints cash via the BoE, to the chagrin of its citizens.

Should Westminster not change course, one can expect several phenomena to come to pass:

  1. With EU productive forces merging with the OBOR, defeat in ALL Brexit negotiations.
  2. To avoid a monetary collapse, hoarding via social welfare cuts and military/ security spending
  3. Massive capital flights to other European finance centres and tax havens
  4. A rapid collapse in Conservative (Tory) leadership and violent in-fighting
  5. A rise in the UK Labour Party (social-democrats) to capitalise on and mitigate capitalist crises

To survive, Britain must choose the OBOR, where commodity and money-form exchanges (non-USD) can prosper via emerging markets and kickstart its sluggish growth. Many EU nations are already doing so, and as Europe’s third-largest Asia Infrastructure Investment Bank member since 2015, it makes perfect sense. However, if it chooses the opposite, then prepare for the worst.

Furthermore, it is senseless why the British bureaucracy refuses to exploit all possibilities with organisations like the RBCC, even from a realpolitik perspective, or a Machiavellian one. It must integrate, not alienate itself from emerging economies like Russia, China, and countless others, particularly in the absence of the European market, and increase production of commodities of use-value, not exchange value. Cameron understood this when he joined the AIIB, and subconsciously, Theresa May also understands this and is reshuffling her cabinet in response.

As a final anecdote, one should recall the prophetic “wisdom” of Karl Kautsky,

There is no economic necessity for continuing the arms race [as] the capitalist economy is seriously threatened precisely by the contradictions between its States.

Every far-sighted capitalist today must call on his fellows: capitalists of all countries, unite!

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Russia’s economy continues to outperform as gold takes center stage (Video)

The Duran Quick Take: Episode 118.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris examine how US and EU sanctions have continued to provide a huge boost to Russia’s economy. Russia’s food sovereignty has practically been achieved, as the Russian central bank continues to buy gold and lower its exposure to western financial markets.

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Via TASS…

Outside pressure in the form of sanctions has become an incentive to resolve various issues of Russia’s economy, Russian Security Council Secretary Nikolai Patrushev stated in an interview with the Izvestiya daily.

He noted that through introducing sanctions against Russia, “the West aims to destabilize Russia’s economy and to create social and political tensions in society.”

“But during the difficult times, Russians have always stuck together and mobilized their resources in order to ensure the country’s sovereignty. This is what is happening now – the outside pressure has become an incentive to resolve many problems in Russia’s economy,” he said.

“Before the sanctions, it seemed that we would never be able to feed ourselves and that we are doomed to be dependent on Western import. However, right now, Russia’s food sovereignty in crucial sectors has practically been achieved, and in some areas, Russia has become the leading exporter,” Patrushev noted.

Those who apply the sanctions “can see that they (the sanctions – TASS) are ineffective and often achieve the opposite goal,” the Russian security chief concluded.

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US Neocon Foreign Policy and the War Waged Against Serbia

The Serbian assault began first by a ‘financial war’; by sanctions and finished off by an aggressive unprovoked incessant NATO bombing campaign.

Richard Galustian

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The ‘witch-hunt’ against President Trump over Russian collusion has officially ended, following the submission of the Mueller Report, enabling us to now focus on the real problems of America that effects the whole world.

In the hope of a waining of the Russophobia in America, let’s look at the US’s recent war history by starting with the 20th anniversary this month of the NATO war on Serbia in 1999 which amounted to almost 100 days of bombing of historic cities and infrastructure.

Firstly, these problems are, in the main caused by the Neocons, or Deep State, whatever you wish to call them, and the continuing promotion, by the US Military-Security Industrial Complex, of wars and regime change and secondly, Trump’s unreserved support for Israel, regardless of war crimes they may continue to commit against the Palestinians.

Incredibly after that one sided unjust and illegal war that NATO executed, NATO has the audacity to invite Serbia to join it! Something that will never happen. What do they smoke in DC, in the Pentagon and Brussels based NATO?

To compound these overall problems, the US Military and Israeli Defence Forces collaborate on these US regime change policies on all continents evidenced most recently by the arrival of crack Israeli troops last month in Brazil, prepared to support an attack potentially by Brazil and Columbia on Venezuela.

As, has now come to be expected, America pursues its Venezuelan regime change with full main stream media (MSM) cooperation, using well proven sophisticated propaganda techniques along with a variety of pretexts.

From Serbia to Iraq to Libya, where does it end? Observe that Trump is now seeking a ‘NATO alliance’ offering NATO status, to President Bolsonaro of Brazil to back the invasion of Venezuela.

So it is important to remember, as an example, that after a long war of economic and financial destabilization ended with the bombing of Serbia.

Serbia was previously a part of Yugoslavia, a country which had successfully evolved after 1945 to solve the old rivalries of the 19th and early 20th Century Balkan ethnic animosities which was, prior to the advent of power of President Tito, its past history.

The United Nations, instead of supporting, in effect, so called ‘humanitarian wars’ and ‘regime change wars’ by the US, using NATO, helped and relentlessly driven home by MSM outlets like CNN and FOX NEWS into people’s heads, must finally take a stand.

So too, Yugoslavia, once the envy of many in the world, given its then ‘non-aligned’ status under President Tito, was destroyed and broken up; ‘Balkanized’ in the early 1990s.

The Serbian assault began first by a ‘financial war’; by sanctions and finished off by an aggressive unprovoked incessant NATO bombing campaign. That’s what we can expect in Venezuela next.

This ‘Balkanization’ strategy similarly applies to Afghanistan, Iraq, Libya, Syria et al. It serves US Neocon interests to dismember States in the world and create smaller more ‘manageable’ countries.

‘Regime change’ runs against the intent, the very words contained in the US Constitution. No one in MSM ever reminds us of that fact. Nevertheless America’s ambition to overthrow other States continues, which they arrogantly now make no secret of. The next States will probably be Nicaragua then Iran to name but two.

A very noteworthy most recent outrageous unilateral declaration was made by President Trump, not yet formally agreed by US institutions, ‘giving’ something he has no authority to give; Syrian territory, the Golan Heights to be precise, to Israel. Something that one day could trigger a full scale Arab-Israeli War.

This is of extreme importance yet no real outcry comes from world leaders; well not so far.

The main reason for that decision given by senior US Administration figures is that “God anointed Trump to save the Jews”.

Not forgetting Trump’s need (which we the people don’t understand exactly why) to support Prime Minister Netanyahu in his difficult upcoming elections in Israel – in part because both countries failed to ‘regime change’ Syria – but more importantly to help the ‘financial terrorists’ who formed a company jointly that has already started drilling for oil in the Golan Heights. You might like to know who owns such oil drilling company which should answer a plethora of questions in one go that you must be asking yourselves.

The shareholder’s names tells us everything; Dick Cheney; Baron Rothschild and Rupert Murdoch. The titular heads of neocons, bankers and media on the planet.

In ending there is no more evidence required for us, the people of the world, to rise up against the globalist dark forces wherever they exist, be it in Brussels, London, France or Washington. We must demand democratic elections or start revolutions, the latter has already begun in France in the form of ‘the yellow vests’. And Brexit, by definition, is a rejection by the British people of globalism and American Hegemony.

The pattern of US destabilization and destruction of States to loot them of their sovereign resources is the unseen history of the last 100 years, not taught in any university, anywhere in the West.

As far as Ukraine is concerned, its government was taken down by the CIA and replaced by an ultra fascist regime that has full backing from America. This is no secret. But the MSM simple don’t report it.

US led NATO is ‘the transnational war machine’ of the world, devouring almost all free countries wealth. It can extort to terrorize all into conformity to the global ‘carcinogenic’ US Neocon imperialistic strategy.

A total estimated 20m people around the world have died since the end of WW11 at the hands of US Forces. Think about that for a moment.

One of the most famous sayings attributed to America’s great President Abraham Lincoln is about deception: “You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time.”

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‘Dark day for internet freedom’: EU approves controversial copyright reform

Julia Reda, a German MEP with the Pirate Party, described it as a “dark day for internet freedom.”

RT

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The European Parliament has voted to adopt the highly controversial Article 13 provision which would govern the production and distribution of content online under the auspices of increasing copyright protections.

Tuesday’s move will update the EU’s 20-year-old copyright rules and will govern everything from audiovisual content to memes, much to the dismay of many social media users who have already begun outpouring their grief online.

MEPs passed the legislation by 348 votes to 274 Tuesday. Opponents had hoped for last-minute amendments to be made but their efforts were in vain.

Julia Reda, a German MEP with the Pirate Party, described it as a “dark day for internet freedom.”

Article 13 or ‘The Directive on Copyright in the Digital Single Market’ makes all platforms legally responsible for the content hosted and shared on their platforms.

The process of updating the bloc’s copyright laws began in the European Commission two years ago, ostensibly to protect Europe’s publishers, broadcasters and artists and guarantee fair compensation from big tech companies.

By essentially forcing companies like Google, Facebook and Twitter to pay artists and publishers for the reproduction of their work online, include in meme format, the EU is effectively clamping down on online memery.

The onus will now be on tech companies to clamp down on content-sharing on their platforms, which will likely ensure yet more draconian policing of speech and content.

EU member states now have two years to pass their own laws putting Article 13 into effect.

Tens of thousands marched in protest across Germany ahead of the vote, decrying what they viewed as severe online censorship.

Tech giant Google said that while the directive is “improved” it will still lead to legal uncertainty and will damage Europe’s creative and digital economies.

Critics have argued that the only way for Article 13 to be effectively enforced would be through the use of upload filters which automatically check content to see if it’s copyrighted or not, at least in theory. However, the exact mechanics of such a system have yet to be fully debated and the potential for abuse is immediately clear.

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