Euro drops to its lowest level against the dollar since 2003.

3m USD libor rate

The wobbles continue in interbank lending.

July 01 2022 2.29286 %
June 01 2022 1.62600 %
May 03 2022 1.36329 %
April 01 2022 0.96200 %
March 01 2022 0.51086 %
Feb 01 2022 0.30271 %
Jan 04 2022 0.21600 %

The fifth round of talks between Iran and the EAEU is underway where the two sides are discussing a free trade agreement.

Rosneft has confirmed an 82m ton oil discovery in Pechora Sea in Arctic. This is only fraction of the potential oil reserves in the Timan-Pechora shelf. Russia has huge untapped oil and gas reserves. Here is another example of that.

China and Vietnam:

Will maintain strategic communication, deepen strategic coordination and make efforts toward building a community with a shared future between the two countries.

Scholz's statement today was an admission Germany is in serious trouble and suggesting we are all in it together is a reaction to their palpable fear that there could be an adverse societal reaction to events as they unfold this autumn and into winter.

Oslo has warned that gas exports to the UK could be cut off this weekend. Presumably due to strike action in Norway by oil and gas workers.

Johnson government in turmoil.

UK Chancellor of the Exchequer Rishi Sunak and Health Secretary Sajid Javid both resigned due to ethical standards.

Iran, Russia and China and 10 other nations are reported to be holding military exercises in Latin America in August.

To those who persist in saying this is deliberate plan to collapse west you continue to fail to grasp what masses will do if they are starving, freezing cold and have lost everything they worked for in process. Why western govts are publicly talking about fear of this happening.

There are too many people who also fail to grasp that sections of alt media are entertainers. Selling fantastical stories from which they personally profit but have no basis in reality. They understand people like to be entertained and are easy prey for the web of lies they spin

Particularly interesting is the 3rd and 2nd to last paragraphs.

An admission it is time to tell the truth to the public wrt to economy. https://t.co/TEN3N7ZF0a

The west collapsed in 2008 and for the last nearly 14 years they have done everything to keep the illusion going that they fixed the problem.

They have now run out of road. Reality is far less exciting than being entertained.

China has successfully carried out the test flight of a hypersonic aircraft at a speed exceeding Mach 5.

Never forget the dollar is the most manipulated currency in the world. They even fight wars, implement colour revolutions and assassinate leaders to protect it.

The lengths gone too, to keep the illusion of dollar strength going is mind bending.

Ask dollar bugs about the ESF.

If the green revolution was all part of a nefarious plan to subjugate western humanity why are EU lawmakers removing the last obstacle to refer to gas and nuclear as green energy sources?

The answer is obvious.

When reality finally kicks in.

Head of the Bundestag Committee on Ebergy, Klaus Ernst, has called for negotiations to begin to commence gas flows via Nord Stream 2.

Turkey has made a formal extradition request to Sweden and Finland wrt PKK members residing in these countries and expects them to comply. Failure to do so will impact their NATO membership as per Turkey's agreement with them.

More contradictory evidence about Chinese supply chain issues effecting the west.

In the first half of 2022, number of trips made by China-Europe freight trains rose by 2% yoy to 7473. The trains carried 720k twenty-foot equivalent unit (TEU) containers, up 2.6% yoy.

Another vote of no confidence in Johnson could be imminent.