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20 hours ago

World War Now:
🇺🇸🇺🇦⚡- BREAKING: The US and Ukraine have signed the minerals deal, which establishes the "Reconstruction Investment Fund".

🇺🇸🇺🇦 - The 'Minerals Deal' / US-Ukraine Reconstruction Investment Fund:

US Contribution: The United States will contribute to the Fund with both direct financial resources and potentially additional assistance, such as air defense systems for Ukraine.

Ukraine's Contribution: Ukraine will contribute 50% of the revenue generated from new royalties on new licenses for resource extraction. Ukraine may also make additional contributions if deemed necessary, establishing a long-term partnership for the coming decades.

Investment Focus: The Fund will invest in projects related to the extraction of minerals, oil, and gas, as well as infrastructure and processing projects associated with these industries. Ukraine and the U.S. will jointly determine the specific projects to be funded.

Profit Allocation: For the first ten years, any profits or funds generated by the Investment Fund will not be distributed but instead will all be reinvested into Ukraine for new projects or reconstruction. Specific terms for these reinvestments will be negotiated in the future.

🇺🇸🇺🇦 - Key points from the 'Minerals Deal':

  • Ukraine has full ownership and control of all resources, and chooses what to extract and when to extract.

  • The US-Ukraine will add to the Investment Fund equally - a 50/50 investment.

  • The US will contribute via financially and through additional resources - including air defenses!

  • The US to invest in Ukraine's natural resources industry, the projects will be determined equally by both partners.

  • Past US assistance, including military aid, is not included in the deal. No US debt is mentioned.

  • The first 10 years, ALL profits will go back into Ukraine as reinvestments, Ukraine chooses entirely what to invest in. That includes post-war reconstruction, defense spending, or new projects.

A major win for Ukraine.

🇺🇸🇷🇺🇺🇦⚡- "Today's agreement signals clearly to the Russian leadership that the Trump administration is committed to a peace process centered on a free, sovereign, prosperous Ukraine over the long term.

It's time for this cruel and senseless war to end. The killing must stop and both the United States and the government of Ukraine looks forward to quickly operationalizing this historic economic partnership, for both the Ukrainian and the American people," - Scott Bessent, US Secretary of Treasury.

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Absolute cringe. No way to spin this. Sorry guys it smells.

Tradu postarea
Citat
Zachary Keck
@ZacharyKeck
·
16 h
“Executive Branch,” new private club with half a million ANNUAL fee is owned by Trump Jr., 47, investment banker Omeed Malik and Zach and Alex Witkoff (sons of Steve Witkoff, United States Special Envoy to the Middle East). https://apple.news/AUUVU6jKIQ7KFJGtDkVmWFw

https://x.com/DowdEdward/status/1918007903077978596

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15 hours ago
January 21, 2023
More Leftie Than Thou
"Jacobin" Magazine Celebrates A Strike Against Ol' Blue Eyes

Here at "The Gaggle" we have very little time for the "more Leftie than thou" school of thought--that's the approach to life according to which the only thing that matters is whether you take the right position on every issue under the sun from Abortion to Zelensky. No one in the world meets the exacting standards of this school of thought; any Leftie leader anywhere is always selling out to the bankers and the capitalists. The perfect exemplar of this is the unreadable Jacobin magazine. 

The other day I came across this article from 2021. It's a celebration of trade union power. And not simply trade union power, but the use of trade union power to secure political goals. Of course (and this is always the case with the "more Leftie than thou" crowd), this glorious, never-to-be-forgotten moment on the history of organized labor took place many years ago--in the summer of 1974 to be exact. Yes, almost half a century has gone by since that thrilling moment when the working-class movement of Australia mobilized and prepared to seize the means of production, distribution and exchange. 

Well, not quite. Organized labor went into action against...Ol' Blue Eyes, the Chairman of the Board, the Voice; yes, Frank Sinatra. Why? What had Sinatra done? Sinatra was certainly very rich, and he owned a variety of properties and businesses. But if the Australian trade union movement were, understandably, searching for the bright, incandescent spark that would finally awaken the working class from its slumber there were surely richer, greedier, more dishonest, more decadent, above all more Australian individuals it could have discovered. Australia was never short of them. Rupert Murdoch immediately springs to mind. Why Sinatra?

 

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