US has thrown their toys out of the pram yet again.

Iran is stalling and worse wrt the JCPOA so Washington decides to frame them for cyberattacks on Albania nearly 2 months and has imposed yet more sanctions on Tehran.

Iranian Foreign Ministry:

US failure in the maximum pressure campaign is a lesson for those who believe that threats and sanctions will prevent Iranians from establishing their rights.

Kiev injects reality into proceedings:

Deputy Minister of Defense of Ukraine Malyar stated that at present a lot of information is being circulated on social networks about settlements allegedly liberated by the Armed Forces of Ukraine, which do not correspond to reality.

Clown show once again:

Germany is planning a temporary relaxation of insolvency rules for distressed companies related to energy costs.

There are and I stress rumours that Russia will make an official announcement that they are at war with Ukraine in the next few weeks. We have to hope this is not true because this could be devastating for the civilian population of Ukraine due to Russian firepower deployed.

Reports via Ukraine that Russia has taken out power and infrastructure in several Ukrainian controlled oblasts in the South and East, fully or partially.

So even the White House finally admits that an embargo of Russian oil supplies abroad would cause serious damage to the American economy.

Interesting to see how western commentators accuse Russia of being a dictatorship and in the next breath how on state TV there are critics of Putin’s Ukraine war strategy.

The contradictions are endless.

The great energy rotation from west to east continues.

Indonesia now considering purchasing Russian oil.

Notice how many political scientists are in western government positions or influence such governments for which they have no experience or capabilities, instead relying on their theoretical political ideologies to resolve real world problems and failing spectacularly.

European economic reality strikes again

Year on year, Spain bought 102% more Russian gas in the month of August.

Oslo: Capping of natural gas prices is not going to solve Europe's gas shortages.

Thankfully someone in Europe is now stating the obvious.

Online prices in the US rose 2.1% in August from the previous month, driven by a jump in the cost of groceries.

Beltway has suddenly woken up to another reality that the energy crisis in Europe could be the catalyst for societal unrest leading to a change of attitude amongst European nations towards supporting Ukraine and then seeking a peaceful resolution.

The Russian central bank is expected to cut interest rates by a further 50 basis points or 0.5% this week to 7.5% as inflation continues to slow.

How convenient for Washington that Armenia and Azerbaijan are in direct conflict once again.

Armenia has requested military assistance from Russia via the CSTO.

Does the US seek to stretch Russia into another proxy war?

Claims Azerbaijan and Armenia have agreed a ceasefire.

We shall see

Clown show continues:

Germany's economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on them.

German CPI in August rose to 7.9%.

Energy prices increased 35.6% and food prices increased 16.6% yoy.

So that alone tells us that the 7.9% figure is an illusion.

Another western clown show:

The US continues to seek to lower oil prices by draining its SPR. So what happens when it can no longer do so and then needs to raise them again?