And now comes the first faint cry for bailouts from our ever virtuous Titans of Commerce…

Analysis: Confusion, but not panic, reigns in global finance in Russia’s wake

March 7 (Reuters) – Western allies’ sanctions against Russia have started to blow back in the form of large potential losses for their own banks, companies and investors, often in unexpected ways. In the past, such fires have been precursors to financial crises.

But some market participants say they aren’t seeing panic in the market, at least not yet.

“We haven’t had any of those ‘holy shit’ phone calls,” said David Schamis, co-founder of financial services-focused private equity firm Atlas Merchant Capital, while heading out of town for his daughter’s hockey tournament over the weekend.

Oligarchs gonna Oligarch on your back.

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Ontario reports 1,074 new Covid cases … maybe, probably not

Ontario reports 1,074 new Covid cases … maybe, probably not

Ontario reports lowest COVID-19 case count since testing restrictions began

Ontario reported its lowest COVID-19 case count on Monday since it significantly curtailed access to free testing, alongside four new deaths.

There were 1,074 COVID-19 infections confirmed through PCR testing across the province on Monday, the lowest number found in the province since access to testing was limited on Dec. 31, 2021.

Health officials have said eligibility limits mean the current system fails to find as many as 90 per cent of all infections.

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Gas prices in the GTA will ‘surge’ past $2 a litre in coming weeks as oil approaches US $150 a barrel: Trudeau carbon tax theft will make it worse

Gas prices in the GTA have went up a staggering 25 cents per litre over the last week but one industry analyst is warning that this may be the “calm before the storm” amid ongoing geopolitical tensions in Eastern Europe.

The average price of a litre of fuel in the GTA has already risen from $1.58.9 to $184.9 since last Monday.

But Dan McTeague, who is the president of Canadians for Affordable Energy, tells CP24 that residents can expect to face more pain at the pumps as the reverberations from Russia’s decision to invade Ukraine continue to push the price of Brent crude higher.

He says that a planned increase of the carbon tax from eight to 11 cents per litre as of April 1 could also further inflate costs.

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Ukraine decries ‘immoral’ Kremlin offer of civilian escape corridors only to Russia or Belarus

Ukraine has criticised a proposal by Moscow to open refugee corridors as “immoral” and “unacceptable” after the Russian defence ministry announced that civilians fleeing some cities would only be allowed to leave for Belarus or Russia.

Ukraine’s deputy prime minister, Iryna Vereshchuk, dismissed Russia’s six proposed corridors after it emerged that only two of them – from Sumy and Mariupol – involved evacuation routes that led to other parts of Ukraine, with all other routes leading directly to Russia or pro-Russian Belarus.

As Russian forces continued to pound Ukrainian cities, including residential areas, with missile strikes and artillery fire, a spokesperson for the Ukrainian presidency also said civilians must be allowed to flee their homes through Ukrainian territory.

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A War for Global Domination?

Just what is at stake in Ukraine?  Oh, maybe everything.  Besides the horrendous loss of life, the conscription of young Ukrainian boys to repel Russian soldiers’ advance, the streaming of hundreds of thousands of homeless refugees across Europe, and widespread property destruction, the war has become an immediate referendum on the West’s cherished “rules-based international order.”

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The Russian Elite Can’t Stand the Sanctions

The latest measures are far more effective than Western powers’ past efforts to target Russia’s elite.

The United States, United Kingdom, and European Union had barely announced sanctions on overseas Russian wealth when the oligarchs began to whine and protest. That meant the policy—enacted after Russia invaded Ukraine—was working as intended, to punish Russia’s elites for supporting President Vladimir Putin. By last weekend in Moscow, the Russian-state-television host Vladimir Solovyev raged on camera over what the sanctions would mean for him personally: loss of access to his two luxury homes in Lake Como, Italy, near the villa of George Clooney.

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How Biden Got Ukraine and Russia Wrong

The cries of disbelief from many in the Western foreign policy intelligentsia which met the Russian armored columns pouring into Ukraine were intense if unsurprising. While the latest act in the tragedy of great power politics is certainly devastating, the wailing and gnashing of teeth in Washington and the capitals of Europe would be comical if they were not so pathetic. Some lamented that history appeared to be returning after its hiatus, but in fact, it never left. Those who profess to analyze international affairs, and certainly those who lead nation-states, would do well to dwell in reality vice an aspirational world. Western leaders sleepwalked into this crisis. Their strategy was premised on flawed theoretical assumptions, and its failure carries important implications for U.S. policy going forward.

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Russia Supplied Planes to U.S. Enemies during the Cold War. We Should Not Forget

Ukrainian president Volodymyr Zelensky said last week that if NATO will not establish a no-fly zone over his country, then NATO should supply Ukraine with military aircraft to defend itself. He said in a news conference on Thursday, “If you don’t have the strength to provide a no-fly zone, then give me planes. Would that not be fair?”

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How Robots Will Transform the 2020s

The service bot will revolutionize warehouses, hospitals, farms, and maybe your home

There are now some 120,000 warehouses globally, and another 50,000 are likely to be added before 2025. Over the next few years, more robots will be deployed into these warehouses—the logistics market—than in all other application categories combined, including farming, medicine, and home use. Just as the 1960s saw the mechanization of industry, with an accompanying boom in productivity and prosperity, the 2020s will be the dawn of the robotification of services.

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Douglas Todd: Will Canada crack down on property-buying oligarchs and their dirty money?

Will Russia’s savage invasion of Ukraine finally jolt Canadian politicians into taking down the world’s oligarchs and kleptocrats?

The shocked West may be realizing one of the few ways to combat rogue countries like Russia is by slapping financial sanctions on the billionaires who profit from their intimate links to corrupt strongmen like Vladimir Putin.

Much of our political class aspires to Oligarchy.

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Poland is showing us what solidarity looks like

Poles are doing everything possible to help their Ukrainian neighbours.

Solidarity is one of those words that no one seems to be able to define. Decades of vague posturing – disconnected from any real action – has hollowed out whatever meaning it once had. In today’s climate, solidarity seems to mean little more than a change of profile picture, sharing a graphic on social media, or adding pronouns to your email signature. But in Poland this past week, I have seen solidarity come alive.

There are, of course, symbols galore here in Warsaw. Ukrainian flags are everywhere – shops have blue and yellow displays, lapels bear two-colour pins, and every bus in Warsaw sports the wheat-and-sky mark of Ukrainian national identity.

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How Western elites exploit Ukraine

Reality is manipulated to strengthen their regime

The war in Ukraine poses a palpable threat to Western democracies, but this has little to do with Russia posing an inherent strategic threat to the United States or its European allies. No — more so than the Russian state, the threat to the West comes from within, a consequence of our congealing perceptions towards the conflict.

Bombs are not raining down on our cities; instead, what we are experiencing is the psychological weaponisation of war — and its exploitation as a tool of indoctrination and statecraft in the hands of the establishment.

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Ukraine has a ‘continuity of government’ plan if its Zelensky is assassinated, US Secretary of State Antony Blinken says

Ukraine’s government has a contingency plan in place if President Volodymyr Zelensky is killed during the Russian invasion, US Secretary of State Antony Blinken revealed on Sunday.

Zelensky survived three assassination attempts by Russian-backed groups just this week, the Times reported on Friday.

During an interview with CBS News’ Face the Nation on Sunday, Blinken was asked if Russian leader Vladimir Putin would face ‘consequences’ for Zelensky’s murder.


U.S., Brit special forces training for high-risk Zelenskyy rescue: Report

Commandos from Britain’s famed SAS and U.S. special forces are undergoing intense training for a potential high-risk rescue of Ukrainian President Volodymyr Zelenskyy, according to published reports.

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