Quite right. My bad
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Retrobyte
Hates a beer
Yes definitely a North hair cut.North
Mr Inappropriate
Regular
I think I’ve read somewhere about threats to the personal safety of AVZ leadership.
If we are indeed at the pointy end of negotiations (yeah, I know - kill me now…) then I’d like to think that we will have people there to see it through. I also think that such info should only be shared privately so as not to provide our enemies with *anything* they can use against us.
#FuckZijin
#FuckLars
If we are indeed at the pointy end of negotiations (yeah, I know - kill me now…) then I’d like to think that we will have people there to see it through. I also think that such info should only be shared privately so as not to provide our enemies with *anything* they can use against us.
#FuckZijin
#FuckLars
Maybe if Felix says Makala, Makala, Makala, wink wink nudge nudge, can you remember those millions you invested in mars bars?
oxxa23
Regular
Yes, that was my inclination... cede or prison...
THE WHITE HOUSE
The White House
SEPTEMBER 09, 2023
Today, on the margins of the Partnership for Global Infrastructure and Investment (PGII) event at the G20 in India, the United States of America and the European Union welcomed the recent commitment by Angola, Zambia and the Democratic Republic of the Congo to develop the Lobito Corridor connecting southern Democratic Republic of the Congo and northwestern Zambia to regional and global trade markets via the Port of Lobito in Angola.
To accelerate this work in partnership with the three African countries, the European Union and the United States are teaming up to support the development of the Corridor, including by launching feasibility studies for a new greenfield rail line expansion between Zambia and Angola. This represents a powerful evolution of the Partnership element of the Partnership for Global Infrastructure and Investment with a collaborative approach that could be replicated in other strategic corridors around the world.
The U.S.-EU partnership will upgrade critical infrastructure across sub-Saharan Africa to unlock the enormous potential of this region. We are excited to join forces to generate economic benefits with our partners in Angola, the Democratic Republic of the Congo and Zambia.
The partnership will combine financial resources and technical know-how to accelerate the Lobito Corridor development, including investments in digital access and agricultural value chains that will increase regional competitiveness. This announcement shows PGI and Global Gateway at work, bringing partners together to finance multibillion dollar projects that will help create local jobs, decrease the carbon footprint and improve local economies.
As an immediate next step, the United States and the European Union will support the Governments in launching pre-feasibility studies for the construction of the new Zambia-Lobito railway line from eastern Angola through northern Zambia. This builds on the initial U.S.-led support to refurbish the railway section from the Lobito port in Angola to the Democratic Republic of the Congo.
Once transport infrastructure connecting all three countries is fully operational, the Corridor will enhance export possibilities for Zambia, Angola and the Democratic Republic of the Congo, boost the regional circulation of goods, and promote the mobility of citizens. By significantly reducing the average transport time, the new railway will lower the logistics costs and carbon footprint of exporting metals, agricultural goods, and other products, as well as for future development of any mineral discoveries.
The United States and the European Union plan to explore cooperation in three specific areas: i) transport infrastructure investments; ii) measures to facilitate trade, economic development and transit; and iii) support to related sectors to fuel inclusive and sustainable economic growth and capital investment in Angola, Zambia and Democratic Republic of the Congo in the longer term. Specifically, this includes developing clean energy projects to increase the power supply to surrounding communities, supporting diversified investment in critical minerals and clean energy supply chains, extending digital access, growing agriculture value chains to enhance local food production for the region’s expanding population and to address global food insecurity, as well as augmenting local workforce training, support for small and medium enterprises and economic diversification.
The White House
SEPTEMBER 09, 2023
Joint Statement from the United States and the European Union on Support for Angola, Zambia and the Democratic Republic of the Congo’s commitment to Further Develop the Lobito Corridor and the U.S.-EU Launch of a Greenfield Rail Line Feasibility Study
Today, on the margins of the Partnership for Global Infrastructure and Investment (PGII) event at the G20 in India, the United States of America and the European Union welcomed the recent commitment by Angola, Zambia and the Democratic Republic of the Congo to develop the Lobito Corridor connecting southern Democratic Republic of the Congo and northwestern Zambia to regional and global trade markets via the Port of Lobito in Angola.
To accelerate this work in partnership with the three African countries, the European Union and the United States are teaming up to support the development of the Corridor, including by launching feasibility studies for a new greenfield rail line expansion between Zambia and Angola. This represents a powerful evolution of the Partnership element of the Partnership for Global Infrastructure and Investment with a collaborative approach that could be replicated in other strategic corridors around the world.
The U.S.-EU partnership will upgrade critical infrastructure across sub-Saharan Africa to unlock the enormous potential of this region. We are excited to join forces to generate economic benefits with our partners in Angola, the Democratic Republic of the Congo and Zambia.
The partnership will combine financial resources and technical know-how to accelerate the Lobito Corridor development, including investments in digital access and agricultural value chains that will increase regional competitiveness. This announcement shows PGI and Global Gateway at work, bringing partners together to finance multibillion dollar projects that will help create local jobs, decrease the carbon footprint and improve local economies.
As an immediate next step, the United States and the European Union will support the Governments in launching pre-feasibility studies for the construction of the new Zambia-Lobito railway line from eastern Angola through northern Zambia. This builds on the initial U.S.-led support to refurbish the railway section from the Lobito port in Angola to the Democratic Republic of the Congo.
Once transport infrastructure connecting all three countries is fully operational, the Corridor will enhance export possibilities for Zambia, Angola and the Democratic Republic of the Congo, boost the regional circulation of goods, and promote the mobility of citizens. By significantly reducing the average transport time, the new railway will lower the logistics costs and carbon footprint of exporting metals, agricultural goods, and other products, as well as for future development of any mineral discoveries.
The United States and the European Union plan to explore cooperation in three specific areas: i) transport infrastructure investments; ii) measures to facilitate trade, economic development and transit; and iii) support to related sectors to fuel inclusive and sustainable economic growth and capital investment in Angola, Zambia and Democratic Republic of the Congo in the longer term. Specifically, this includes developing clean energy projects to increase the power supply to surrounding communities, supporting diversified investment in critical minerals and clean energy supply chains, extending digital access, growing agriculture value chains to enhance local food production for the region’s expanding population and to address global food insecurity, as well as augmenting local workforce training, support for small and medium enterprises and economic diversification.
Retrobyte
Hates a beer
It is good news, so definitely worth a repost every few hours
Politics·Analysis
Tensions between advanced and developing economies may make consensus impossible
Evan Dyer · CBC News · Posted: Sep 08, 2023 4:00 AM EDT | Last Updated: September 8
A screen displays a CCTV state media news broadcast of Chinese President Xi Jinping addressing world leaders at the G20 meeting in Rome via video link at a shopping mall in Beijing on October 31, 2021. (Thomas Peter/Reuters)
1291
comments
No one expected Vladimir Putin to show up in New Delhi for this weekend's G20 summit. He didn't go to the G20 last year in Indonesia, either. He didn't even risk showing up in South Africa for the recent BRICS summit, despite his friendly relationship with the ruling African National Congress.
That's life under an International Criminal Court arrest warrant for you.
But the decision by China's President Xi Jinping to also skip the G20, and to send Premier Li Qiang in his place, appeared to be a last-minute snub of host nation India. It's a sign that this summit isn't likely to resolve the geopolitical fissure that is increasingly dividing the world into two camps.
Whatever the intended message, Xi's no-show risks being interpreted as a sign of weakness — of a fear of being outnumbered or of being upstaged by India's Prime Minister Narendra Modi.
It could even indicate a fear of being absent from China at a time of economic malaise and rumbles of public discontent.
To the surprise of many — and thanks partly to the skilful backstage manoeuvres of host President Joko Widodo — the summit was able to produce a joint declaration that all twenty members were able to sign, including Russia.
It dealt with the elephant in the room by stating that "most members strongly condemned the war in Ukraine," while adding that "there were other views."
Prime Minister Justin Trudeau speaks with China's President Xi Jinping at the G20 Leaders' Summit in Bali, Indonesia on November 16, 2022. (Adam Scotti/PMO via Reuters)
"The absence of both leaders, Putin and Xi, confirms that the division caused by the Russian war in Ukraine now really has reached the G20," Hung Tran, a fellow at the Atlantic Council, told CBC News.
"So the G20, in my view, will be transformed from a premier forum for international economic policy coordination into a forum for two sides — the advanced countries represented by the G7 and the developing countries which the BRICS aspire to coordinate and represent.
"So, basically like a mini-UN, which is a very sad development."
The BRICS is an alliance of Brazil, Russia, India, China and South Africa. It made its appearance in the aftermath of the 2008 financial crisis, as did the G20 leaders' summit.
It was created by four large nations that felt excluded from global decision-making. South Africa joined the group in 2010.
In August, the BRICS announced it was adding six new members (more on that later). But the BRICS is as much a team of rivals as a coherent bloc, and its two largest members — India and China — can hardly be called warm friends.
U.S. Army soldiers watch Indian soldiers display their unarmed combat skills during an Indo-U.S. joint military exercise in the Indian state of Uttarakhand, close to the disputed border with China, on Nov. 29, 2022. (Manish Swarup/Associated Press)
In the past year, their armies have fought brutal clashes over a contested border in the high Himalayas. While both sides have respected an agreement to keep firearms away from the border, their troops have fought medieval melees with axes and clubs.
The dispute was further inflamed when the Chinese government last week published a national map that claimed parts of India — as well as parts of Malaysia, Brunei, Taiwan, the Philippines and even Russia.
"Making absurd claims on India's territory does not make it part of China's territory," said India's Foreign Minister Subrahmanyam Jaishankar.
"Modi has all the prerogatives of the host," said John Kirton, director of the G20 Research Group at the University of Toronto. "India is the most populous country in the world [and has] just overtaken China. It's the most rapidly-growing G20 member, growing at 6 per cent this year, while China is in economic decline."
Moments after congratulating the country's space agency engineers on a successful mission, India's Prime Minister Narendra Modi called the historic landing near the moon's south pole a "victory cry" for a developing nation. (Punit Paranjpe/AFP via Getty Images)
India is also coming into the summit riding high after a successful lunar mission. A Russian lander attempting the same feat crashed.
Hung Tran agrees that Modi holds more cards than Xi when it comes to speaking for the developing world.
"You have China supported by Russia and Iran pushing a more anti-U.S. and anti-Western polemic, and India offering more practical proposals to address the needs of the global South," he said, citing India's opposition to the EU's carbon import tax and efforts to strengthen preferential trade rules for developing countries.
But their motives differ. India wants to be less dollar-dependent but has no ambitions of making the rupee the new global currency. China likely wants to substitute its own renminbi for the greenback. Russia mostly just wants to weaken western sanctions.
WATCH | More signs of a slowing Chinese economy:
Duration2:03
New economic numbers out of China point to a slowdown in manufacturing for the fifth month in a row. Meanwhile, one of the country's biggest homebuilders is on the brink of collapse. It’s the latest in a string of negative economic news about the world’s second-largest economy.
"There was a huge effort to internationalize the renminbi, about six, seven years ago, that didn't really go anywhere," said Paul Samson, who for many years co-chaired the principal G20 working group on the global economy.
"The uptake has been low because it's not a free-floating currency. If you're going to rely on something for trade, you want liquidity, you want more certainty. The renminbi is not delivering that."
Samson said the efforts to diversify will continue.
"You've seen payments even made to the IMF in currencies other than the U.S. dollar. So it's happening, but it's a marginal change," he said. "It's going to take a big thing to replace the U.S. dollar. It's posturing for the time being."
Still, opposition to the dollar's dominance may be the only thing the BRICS countries really agree on.
The expansion increases the BRICS presence at the G20 from five nations to seven.
"I do see it as a play that is timed to show the power of the BRICS coming in right now," said Samson. "China really, really wanted this. I think Russia was ready to embrace it. South Africa wanted a good outcome as host. I think India and Brazil were more skeptical but they didn't stop it."
Xi Jinping, surrounded by leaders from Brazil, South Africa, India and Russia, takes part in a joint photo session at the BRICS summit in Johannesburg, South Africa on August 23, 2023. (Gianluigi Guercia via REUTERS)
The new members are an eclectic bunch that hardly fit the original BRICS image. Only Argentina and Ethiopia can claim to be democracies, and Ethiopia has a simmering civil war.
The absences are notable. Countries like Mexico, Indonesia or Nigeria would seem to be more obvious choices for a group meant to represent the world's biggest emerging economies. They were either not invited or declined to join (there are rumours that Russia vetoed Indonesia because of its support for Ukraine).
"Not a single one of the new members is a big emerging power," said Kirton. "Argentina is rapidly going bankrupt and is fully dependent for its finances on the International Monetary Fund, and not at all on the BRICS's own tiny New Development Bank."
"At the time in China, there was quite a bit of excitement," he told CBC News. "They originally saw it as the beginning of the creation of a multipolar world."
Even before its expansion, the BRICS represented 40 per cent of the world's population, while the G7 nations have less than 10 per cent. "But it pretty quickly became clear that the Western states were able to coordinate themselves in the G20 much better than the developing states," said Duggan.
"Since the leadership of Xi Jinping, there's been an effort to strengthen the BRICS with more money put into bodies like the New Development Bank, and an attempt to use the BRICS as a grouping within forums like the G20. But none of these have been really successful. So they still see an importance for the BRICS, but it's definitely waned in terms of their ambitions."
"You're looking at countries that have direct conflicts, [such as] Egypt and Ethiopia over the use of Nile waters," he said. "You're looking at countries like Saudi Arabia and the United Arab Emirates that have had tensions with Iran for decades.
"I'm not sure how much these countries will add. They will certainly add a lot of problems in terms of coherence at organizations like the G20 and WTO. They'll all come with very different positions."
The presence of Iran is also uncomfortable for democratic members like India and Brazil that are not seeking conflict with the West.
India's Prime Minister Narendra Modi welcomes Russia's President Vladimir Putin ahead of their meeting at Hyderabad House in New Delhi, India on Dec. 6, 2021. (Adnan Abidi/Reuters)
"India in particular is taking kind of a step away from Russia and from China and moving slightly more towards the Western position," said Duggan.
India is not about to jump feet-first into the Western camp, said the experts, but practical concerns are causing it to lean that way. Its military has long been a major buyer of Russian arms and equipment, but Russia's own desperate need for weapons in Ukraine has forced India to turn to western suppliers such as the U.S. and France.
India is also seeking to benefit from the "friend-shoring" trend of Western companies looking to diversify away from manufacturing in China.
Divisions are even wider than they were last year in Bali, where the members clashed on the Ukraine war but at least agreed on the Black Sea Grain Initiative to keep food exports flowing from Ukrainian ports.
That deal has since come apart — and tensions in Asia have risen too. Last month, the leaders of the U.S., Japan and South Korea came together at Camp David to announce a new security pact and issue a joint statement condemning China's "dangerous and aggressive behavior supporting unlawful maritime claims."
From left, South Korea's President Yoon Suk Yeol, President Joe Biden and Japan's Prime Minister Fumio Kishida arrive for a joint news conference on Friday, Aug. 18, 2023 at Camp David, the presidential retreat near Thurmont, Md. (Andrew Harnik/AP)
At the ASEAN summit on Wednesday, China's Premier Li Qiang called on Southeast Asia, Japan and South Korea to reject "undue external influence" — a not very veiled reference to the U.S.
"The key is for all of us to face up to problems, eliminate misunderstandings and manage our differences," he said. "It's very important at present to oppose taking sides, bloc confrontations and a new cold war."
But the mood in Asia has clearly tilted against China.
"There is really no substitute for the G20 at that leaders' level that brings everybody together," said Hung Tran. "And that's why the G20 came into being, because it fills a void."
Samson said it's especially valuable for a middle power like Canada that relies heavily on trade and the international rules upon which trade depends.
"Canada hopes the G20 momentum continues," he said. "If the G20 didn't exist, you'd need to create it.
"So it's absolutely in the Canadian interest to keep the G20 going as well as possible, but it is simply a very difficult environment right now."
Fuk Zijin
Xi's no-show at the G20 is another sign of deepening divisions around the world
Social Sharing
Tensions between advanced and developing economies may make consensus impossible
Evan Dyer · CBC News · Posted: Sep 08, 2023 4:00 AM EDT | Last Updated: September 8
A screen displays a CCTV state media news broadcast of Chinese President Xi Jinping addressing world leaders at the G20 meeting in Rome via video link at a shopping mall in Beijing on October 31, 2021. (Thomas Peter/Reuters)
1291
comments
No one expected Vladimir Putin to show up in New Delhi for this weekend's G20 summit. He didn't go to the G20 last year in Indonesia, either. He didn't even risk showing up in South Africa for the recent BRICS summit, despite his friendly relationship with the ruling African National Congress.
That's life under an International Criminal Court arrest warrant for you.
But the decision by China's President Xi Jinping to also skip the G20, and to send Premier Li Qiang in his place, appeared to be a last-minute snub of host nation India. It's a sign that this summit isn't likely to resolve the geopolitical fissure that is increasingly dividing the world into two camps.
- Trudeau eyes Indo-Pacific trade deals, says China attempts to 'play us off each other'
- CBC IN INDIA
'This was our home': Thousands left with nowhere to go as New Delhi razes slums ahead of G20 - War in Ukraine expected to block consensus at G20 as Trudeau visits Asia
Whatever the intended message, Xi's no-show risks being interpreted as a sign of weakness — of a fear of being outnumbered or of being upstaged by India's Prime Minister Narendra Modi.
It could even indicate a fear of being absent from China at a time of economic malaise and rumbles of public discontent.
Bali's surprise consensus
Last year's G20 summit in Bali, Indonesia took place in an atmosphere of high tension over the invasion in Ukraine. Putin stayed away but Xi did not.To the surprise of many — and thanks partly to the skilful backstage manoeuvres of host President Joko Widodo — the summit was able to produce a joint declaration that all twenty members were able to sign, including Russia.
It dealt with the elephant in the room by stating that "most members strongly condemned the war in Ukraine," while adding that "there were other views."
Prime Minister Justin Trudeau speaks with China's President Xi Jinping at the G20 Leaders' Summit in Bali, Indonesia on November 16, 2022. (Adam Scotti/PMO via Reuters)
"The absence of both leaders, Putin and Xi, confirms that the division caused by the Russian war in Ukraine now really has reached the G20," Hung Tran, a fellow at the Atlantic Council, told CBC News.
"So the G20, in my view, will be transformed from a premier forum for international economic policy coordination into a forum for two sides — the advanced countries represented by the G7 and the developing countries which the BRICS aspire to coordinate and represent.
"So, basically like a mini-UN, which is a very sad development."
The BRICS is an alliance of Brazil, Russia, India, China and South Africa. It made its appearance in the aftermath of the 2008 financial crisis, as did the G20 leaders' summit.
It was created by four large nations that felt excluded from global decision-making. South Africa joined the group in 2010.
In August, the BRICS announced it was adding six new members (more on that later). But the BRICS is as much a team of rivals as a coherent bloc, and its two largest members — India and China — can hardly be called warm friends.
U.S. Army soldiers watch Indian soldiers display their unarmed combat skills during an Indo-U.S. joint military exercise in the Indian state of Uttarakhand, close to the disputed border with China, on Nov. 29, 2022. (Manish Swarup/Associated Press)
In the past year, their armies have fought brutal clashes over a contested border in the high Himalayas. While both sides have respected an agreement to keep firearms away from the border, their troops have fought medieval melees with axes and clubs.
The dispute was further inflamed when the Chinese government last week published a national map that claimed parts of India — as well as parts of Malaysia, Brunei, Taiwan, the Philippines and even Russia.
"Making absurd claims on India's territory does not make it part of China's territory," said India's Foreign Minister Subrahmanyam Jaishankar.
Modi holds the cards
Xi's no-show may be driven by a reluctance to compete directly with India's Modi to be the voice of the developing world."Modi has all the prerogatives of the host," said John Kirton, director of the G20 Research Group at the University of Toronto. "India is the most populous country in the world [and has] just overtaken China. It's the most rapidly-growing G20 member, growing at 6 per cent this year, while China is in economic decline."
Moments after congratulating the country's space agency engineers on a successful mission, India's Prime Minister Narendra Modi called the historic landing near the moon's south pole a "victory cry" for a developing nation. (Punit Paranjpe/AFP via Getty Images)
India is also coming into the summit riding high after a successful lunar mission. A Russian lander attempting the same feat crashed.
Hung Tran agrees that Modi holds more cards than Xi when it comes to speaking for the developing world.
"You have China supported by Russia and Iran pushing a more anti-U.S. and anti-Western polemic, and India offering more practical proposals to address the needs of the global South," he said, citing India's opposition to the EU's carbon import tax and efforts to strengthen preferential trade rules for developing countries.
Down with the dollar
One goal that China, India and Russia share is breaking the dominance of the U.S. dollar in the international payments system.But their motives differ. India wants to be less dollar-dependent but has no ambitions of making the rupee the new global currency. China likely wants to substitute its own renminbi for the greenback. Russia mostly just wants to weaken western sanctions.
WATCH | More signs of a slowing Chinese economy:
More signs of a slowing Chinese economy
9 days agoDuration2:03
New economic numbers out of China point to a slowdown in manufacturing for the fifth month in a row. Meanwhile, one of the country's biggest homebuilders is on the brink of collapse. It’s the latest in a string of negative economic news about the world’s second-largest economy.
"There was a huge effort to internationalize the renminbi, about six, seven years ago, that didn't really go anywhere," said Paul Samson, who for many years co-chaired the principal G20 working group on the global economy.
"The uptake has been low because it's not a free-floating currency. If you're going to rely on something for trade, you want liquidity, you want more certainty. The renminbi is not delivering that."
Samson said the efforts to diversify will continue.
"You've seen payments even made to the IMF in currencies other than the U.S. dollar. So it's happening, but it's a marginal change," he said. "It's going to take a big thing to replace the U.S. dollar. It's posturing for the time being."
Still, opposition to the dollar's dominance may be the only thing the BRICS countries really agree on.
New faces at the table
In South Africa last month, the BRICS coalition announced that it was taking on six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE.The expansion increases the BRICS presence at the G20 from five nations to seven.
"I do see it as a play that is timed to show the power of the BRICS coming in right now," said Samson. "China really, really wanted this. I think Russia was ready to embrace it. South Africa wanted a good outcome as host. I think India and Brazil were more skeptical but they didn't stop it."
Xi Jinping, surrounded by leaders from Brazil, South Africa, India and Russia, takes part in a joint photo session at the BRICS summit in Johannesburg, South Africa on August 23, 2023. (Gianluigi Guercia via REUTERS)
The new members are an eclectic bunch that hardly fit the original BRICS image. Only Argentina and Ethiopia can claim to be democracies, and Ethiopia has a simmering civil war.
The absences are notable. Countries like Mexico, Indonesia or Nigeria would seem to be more obvious choices for a group meant to represent the world's biggest emerging economies. They were either not invited or declined to join (there are rumours that Russia vetoed Indonesia because of its support for Ukraine).
"Not a single one of the new members is a big emerging power," said Kirton. "Argentina is rapidly going bankrupt and is fully dependent for its finances on the International Monetary Fund, and not at all on the BRICS's own tiny New Development Bank."
China hoped for more
Niall Duggan of University College in Cork, Ireland has closely studied the BRICS since their formation in 2009."At the time in China, there was quite a bit of excitement," he told CBC News. "They originally saw it as the beginning of the creation of a multipolar world."
Even before its expansion, the BRICS represented 40 per cent of the world's population, while the G7 nations have less than 10 per cent. "But it pretty quickly became clear that the Western states were able to coordinate themselves in the G20 much better than the developing states," said Duggan.
"Since the leadership of Xi Jinping, there's been an effort to strengthen the BRICS with more money put into bodies like the New Development Bank, and an attempt to use the BRICS as a grouping within forums like the G20. But none of these have been really successful. So they still see an importance for the BRICS, but it's definitely waned in terms of their ambitions."
Frenemies and enemies
The expansion is unlikely to change that, said Duggan."You're looking at countries that have direct conflicts, [such as] Egypt and Ethiopia over the use of Nile waters," he said. "You're looking at countries like Saudi Arabia and the United Arab Emirates that have had tensions with Iran for decades.
"I'm not sure how much these countries will add. They will certainly add a lot of problems in terms of coherence at organizations like the G20 and WTO. They'll all come with very different positions."
The presence of Iran is also uncomfortable for democratic members like India and Brazil that are not seeking conflict with the West.
India's Prime Minister Narendra Modi welcomes Russia's President Vladimir Putin ahead of their meeting at Hyderabad House in New Delhi, India on Dec. 6, 2021. (Adnan Abidi/Reuters)
"India in particular is taking kind of a step away from Russia and from China and moving slightly more towards the Western position," said Duggan.
India is not about to jump feet-first into the Western camp, said the experts, but practical concerns are causing it to lean that way. Its military has long been a major buyer of Russian arms and equipment, but Russia's own desperate need for weapons in Ukraine has forced India to turn to western suppliers such as the U.S. and France.
India is also seeking to benefit from the "friend-shoring" trend of Western companies looking to diversify away from manufacturing in China.
Joint statement unlikely
Experts consulted by CBC were pessimistic about the prospect of a joint statement at the end of this G20 summit. None of the ministerial meetings that precede the G20 leaders' summit have been able to produce such a joint declaration.Divisions are even wider than they were last year in Bali, where the members clashed on the Ukraine war but at least agreed on the Black Sea Grain Initiative to keep food exports flowing from Ukrainian ports.
That deal has since come apart — and tensions in Asia have risen too. Last month, the leaders of the U.S., Japan and South Korea came together at Camp David to announce a new security pact and issue a joint statement condemning China's "dangerous and aggressive behavior supporting unlawful maritime claims."
From left, South Korea's President Yoon Suk Yeol, President Joe Biden and Japan's Prime Minister Fumio Kishida arrive for a joint news conference on Friday, Aug. 18, 2023 at Camp David, the presidential retreat near Thurmont, Md. (Andrew Harnik/AP)
At the ASEAN summit on Wednesday, China's Premier Li Qiang called on Southeast Asia, Japan and South Korea to reject "undue external influence" — a not very veiled reference to the U.S.
"The key is for all of us to face up to problems, eliminate misunderstandings and manage our differences," he said. "It's very important at present to oppose taking sides, bloc confrontations and a new cold war."
But the mood in Asia has clearly tilted against China.
Canada wants the G20 to continue
There would be serious implications if the G20 ceased to function as a forum where big nations can sort out their differences."There is really no substitute for the G20 at that leaders' level that brings everybody together," said Hung Tran. "And that's why the G20 came into being, because it fills a void."
Samson said it's especially valuable for a middle power like Canada that relies heavily on trade and the international rules upon which trade depends.
"Canada hopes the G20 momentum continues," he said. "If the G20 didn't exist, you'd need to create it.
"So it's absolutely in the Canadian interest to keep the G20 going as well as possible, but it is simply a very difficult environment right now."
Fuk Zijin
oxxa23
Regular
Be interesting to see if anything comes out of the EU state of Union address this13th sept...they are presenting the critical raw matierials act... I'll be following closely for another lithium play, but, will report back if anything Drc applicable...
LowRoller88
Member
I’ve been contemplating what the MMGA fuckers endgame is (aside from being puppets that are trying to fuck shit up on behalf of their masters) and think this could be a long-game play.
If finalising the current legal actions, ICC and ICSID, are required to get a resolution, then it may be (pick a number) another one or two years that we are in suspension.
So, what have I been thinking:
They couldn’t get the 5% required for an EGM (fucking numpties) so they have used the nomination procedure of the AGM to create a platform.
More than likely, they will use the next few months to sow the seeds of doubt, and potentially tell some bullshit stories to give hope to those that are struggling and need to access funds e.g. we have an MOU for a buyout offer for $X, or the DRC Gov prefer our reach-arounds as they are more “harmonious”.
While they don’t have a chance to get nominated, with enough shitfuckery they may generate up-to the 25% required to vote against the remuneration report, providing the first strike against the board.
Then they, and/or their overlords, have the next 12months to continue to fuck around and maybe generate enough for the second strike at next years AGM.
My only recommendation for LTH’s is to ignore the douchebags and their propaganda, because if they fail to get a first strike at this AGM it should hopefully be enough to fuck up their plan.
If finalising the current legal actions, ICC and ICSID, are required to get a resolution, then it may be (pick a number) another one or two years that we are in suspension.
So, what have I been thinking:
They couldn’t get the 5% required for an EGM (fucking numpties) so they have used the nomination procedure of the AGM to create a platform.
More than likely, they will use the next few months to sow the seeds of doubt, and potentially tell some bullshit stories to give hope to those that are struggling and need to access funds e.g. we have an MOU for a buyout offer for $X, or the DRC Gov prefer our reach-arounds as they are more “harmonious”.
While they don’t have a chance to get nominated, with enough shitfuckery they may generate up-to the 25% required to vote against the remuneration report, providing the first strike against the board.
Then they, and/or their overlords, have the next 12months to continue to fuck around and maybe generate enough for the second strike at next years AGM.
My only recommendation for LTH’s is to ignore the douchebags and their propaganda, because if they fail to get a first strike at this AGM it should hopefully be enough to fuck up their plan.
MoneyBags1348
Top 20
You’re the one sowing the seeds of doubt mate. Long term holders don’t need you recommending what they should do
Throw in as much name calling as you think will make you sound genuine but my money is on you being as sus a cunt as peter huljich
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Azzler
Top 20
Appeared to me the same way.
Anyway, may the news be real and it blow them all into irrelevance.
Carlos Danger
Top 20
Pretty obvious what their plan is. Concede all court cases and proceed with AVZ having minority ownership of Dathcom at 36%. They'll probably agree to the pro rata ceding of the 10% that Cominiere are obligated to transfer to the DRC government too leaving us with 32.4%. China wants to control output from Manono and won't allow the project to proceed until they have it.
It would be extremely surprising to me if the MMGA goons didn't already have significant backing of the register to launch this. Not quite 50% but I reckon they are closer than most realise. We will most likely be out of cash by next years AGM if still no ML so this is their only chance without putting the DRC government into $10b USD worth of debt imo
lellep
Regular
Winenut
Go AVZ!
What da fuck are you talking about Carlos????
"Pretty obvious what their plan is. Concede all court cases and proceed with AVZ having minority ownership of Dathcom at 36%. They'll probably agree to the pro rata ceding of the 10% that Cominiere are obligated to transfer to the DRC government too leaving us with 32.4%."
Where in fucking hell did you come up with that?
If AVZ don't have 51% of Dathcom minimum no-one moves forward
MMGA not quite 50% of the register of AVZ but close.......WTF?!!!
Geezus fuck
Carlos Danger
Top 20
First part is based on what MMGA are saying on their website and Tommy's original article where he gloated about AVZ losing control and ending up with 36%. That idea wasn't his imo. I can't see how else this will move forward seeing as the key decision makers clearly don't like us for not giving them snacks.
The applicant Dathcom needs 51% not AVZ imo. Although last time we disagreed on something in the mining code you schooled me and are probably about to again haha
Second part is pure speculation on my part but I just can't see them doing this for the lulz. Hope I'm wrong. Have been about plenty in the past
DRC: irregular seizure of the accounts of the Roads Office, Rose Mutombo demands the suspension of the effects of jurisdictional acts!
September 9, 2023
Saturday, September 9, 2023-The Minister of Justice, Rose Mutombo Kiesse, instructs the inspector general of judicial and penitentiary services of the Kinshasa/Gombe high court to suspend the effects of the jurisdictional acts of the seizure of the accounts of the Roads Office.
In a letter signed this Saturday, September 9, the Minister of Justice described this seizure as “irregular.” »She believes that this paralyzes the work of general interest carried out by the Roads Office across the country.
» I instruct you to suspend the effects of the jurisdictional acts and have the bailiffs' acts listed above withdrawn, while ensuring that no bank in which its assets are housed submits to any measure of forced execution with regard to this " , we read in this correspondence from Rose Mutombo Kiesse, a copy of which our editorial team has intercepted.
According to the head of justice, after analysis of the file, the execution continued by the general inspector of judicial and penitentiary services of the Kinshasa/Gombe high court on property and assets of the Roads Office is is made in violation of the law.
Rose Mutombo Kiesse also calls on the attorney general at the court of Kinshasa/Gombe to open a judicial investigation against these two bailiffs and to initiate proceedings against them for in particular "violation of the provisions of article 175 of the Law No. 22/069 of December 27, 2022 relating to the activity and control of credit institutions.”
This decision to suspend jurisdictional effects will have the advantage of propelling the Roads Office into the mission assigned to it by the Congolese State.
Post
Franck Fwamba
@FranckFwamba
La Ministre de Justice desapprouve avec raison une decision judiciaire envers OR. Il le fallait, faut aussi pour Dathcom. RDC : saisie irrégulière des Comptes de l’Office des Routes, Rose Mutombo exige la suspension des effets des actes juridictionnels !
Translated from French
The Minister of Justice rightly disapproves of a judicial decision against OR. It was necessary, and also necessary for Dathcom. DRC: irregular seizure of the accounts of the Roads Office, Rose Mutombo demands the suspension of the effects of jurisdictional acts!
okapinews.net
RDC : saisie irrégulière des Comptes de l'Office des Routes, Rose Mutombo exige la suspension des...
Dans une correspondance signée ce samedi 9 septembre, la ministre de la justice a qualifié cette saisie d' " irrégulière. "
6:14 PM · Sep 10, 2023
LowRoller88
Member
Sorry petal, my post wasn’t meant to upset anyone, but I can see that there are some delicate and sensitive people that read TSE.
I’ll consider posting a trigger warning on future posts so you can just close your eyes and scroll past.
Do you think we are idiots and can't see through you shit! Piss off.
FUD
Fear, uncertainty and doubt (often shortened to FUD) is a manipulative propaganda tactic used in sales, marketing, public relations, politics, polling and cults. FUD is generally a strategy to influence perception by disseminating negative and dubious or false information, and is a manifestation of the appeal to fear.
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