Wow. This is a bombshell. And German Chancellor Angela Merkel is shocket. So are the majority of the German citizens. Germany`s ruling party Christian Democratic Union (CDU) will lose almost half of their votes in case of a new elections in the state of Thuringia.
The right-wing to far-right political party in Germany Alternative for Germany (AfD) are on the rise. A party founded only seven years ago. Autraged critics have compared the Thuringia election with the rise of Adolf Hitler.
In 1930, Adolf Hitler was celebrating. «Our biggest success we had in Thuringia,» he wrote. There we are the most significant party. The parties in Thuringia trying to create a government cannot secure a majority without our co-operation.»
A poll released earlier today, Friday, revealed that CDU is dropping from 21,7 percent to 12 percent.
Ex-Prime Minister of Belgium and pro-EU Guy Verhofstadt protested and sent a message on social media on Friday. He released a photograph of a newly elected Mr Kemmerich shaking hands with Thuringia`s hard-right AfD leader Bjorn Hocke, and juxtaposing it with one of Hitler greeting the then German president Paul von Hindenburg.
The AfD`s initial supporters were the same prominent economics, business leaders, and jornalists who had supported the Electoral Alternative 2013, who had previously challenged the constitutionality of the German government`s eurozone policies at the Federal Constitutional Court.
AfD`s ideology is German nationalism, Ultranationalism, Right-wing populism, Euroscepticism, National conservatism, Social conservatism, Economic liberalism, Anti-Islam, Anti-immigration, Anti-feminism, Direct democracy, Climate change denier and Right-wing to far-right.
According to its interim electoral manifesto, the party is against same-sex marriage and favours civil unions. The party is also against adoption for same-sex couples. The left-leaning newspaper Die Tageszeitung described the group as advocating «old gender roles».
Wolfgang Gedeon, an elcted AfD representative, has included feminism, along with «sexualism» and «migrationism», in an ideology he calls «green communism» that he opposes, and argues for family values as part of German identity. As AfD has campaigned for traditional roles for women, it has aligned itself with groups opposed to modern feminism.
Thomas Kemmerich of the Free Democratic Party (FDP) was elected as the state prime minister of Thuringia with the votes of the CDU and the right-wing Alternative for Germany (AfD) on Wednesday.
Many people believe that Kemmerich`s election with the help of the AfD would have effects beyond the state and endanger the stability of the political system in Germany.
After Kemmerich`s election, leading politicians of most German parties critized process and called for a new elections in Thuringia. On national level, all major parties have shunned cooperation with the AfD.
Angela Merkel described Kemmerich`s AfD-backed election as «unforgivable».
30 years ago, some people in Germany
were isolated from the rest of the world. They were trapped inside
the Berlin Wall that was a guarded concrete barrier that physically
and ideologically divided Berlin from 1961 to 1989.
Construction of the Wall was commenced by the German Democratic Republic (GDR, East Germany) on 13 August 1961. The Wall cut off West Berlin from surrounding East Germany, including East Berlin.
The Eastern Bloc portrayed the Wall as
protecting its population from fascist elements conspriring to
prevent the «will of the people» in building a socialist state in
East Germany. GDR authorities officially referred to the Berlin Wall
as the Anti-Fascist Protection Rampart.
The West Berlin city government
sometimes referred to it as the «Wall of Shame», a term coined by
mayor Willy Brandt in reference to the Wall`s restriction on freedom
of movement. The wall came to symbolize physically the «Iron
Curtain» that separated Western Europe and the Eastern Bloc during
the Cold War.
U.S Secretary of State Mike Pompeo
praised Reagan on Friday, saying he «courageously denounced the
greatest threat to that freedom, the Soviet Empire, the evil Empire.»
Reagan held a speech in 1987, but John F Kennedy said «Ich bin ein
Berliner» in a speech in West Berlin, on June 26, 1963.
That speech is widely regarded as the
best-known speech of the Cold War and the most famous anti-communist
Kennedy aimed to underline the support
of the United States for West Germany 22 months after Soviet-occupied
East Germany erected the Berliin Wall to prevent mass emigration to
the West. The message was aimed as much at the Soviets as it was at
Berliners and was a clear statement of U.S policy in the wake of the
construction of the Berlin Wall.
Another phrase in the speech was also
spoken in German, «Lasst sie nach Berlin kommen» (Let them come to
Berlin»), addressed at those who claimed «we can work with the
Communists», a remark at which Nikita Khrushchev scoffed only days
Chancellor Angela Merkel thanked the United States for its support in reunification in a speech on Friday. Kennedy`s speech «Ich bin ein Berliner», and Ronald Reagan`s memorable Berlin sentence from 1987, «Mr. Gorbachev tear down this wall,» as well as Barrack Obama`s speech at the Brandenburg Gate in 2016, are in all German`s memories.
Germany`s capital, Berlin was deep
within the area controlled after World War II by the Soviet Union.
Initially governed in four sectors controlled by the four Allied
powers (United States, United Kingdom, France and the Soviet Union).
Tensions of the Cold War escalated
until the Soviet forces implemented the Berlin Blockade, which the
Western allies relieved with the dramatic airlift. Afterward, the
sectors border between East and West was closed everywhere but in
Hundreds of thousands of East Germans
defected to the West via West Berlin, a labour drain that threatened
East Germany with economic collapse.
In 1961, the East German government
under Walter Ulbricht erected a barbed-wire barrier around West
Berlin, officially called the antifaschistischer Schutzwall
(anti-fascist protective barrier).
The East German authorities argued that
it was meant to prevent spies and agents of West Germany from
crossing into East. However, it was universally known as the Berliin
Wall and its real purpose was to keep East German citizens from
escaping to the West.
The Wall closed the biggest loophole in
the Iron Curtain, and Berlin went from being one of the easiest
places to cross from East Europe to West Europe to being one of the
The West, including the U.S., was
accused of failing to respond forcefully to the erection of the Wall.
Officially, Berlin was under joint occupation by the four allied
powers, each with primary responsibility for a certain zone.
Kennedy`s speech marked the first instance where the U.S acknowledged that East Berlin was part of the Soviet bloc along with the rest of East Germany. On July 25, 1961, Kennedy insisted in a presidential address that the U.S would defend West Berlin, asserting its Four-Power rights, while making it clear that challenging the Soviet presence in Germany was not possible.
30 years ago, in 1989, a series of
revolutions in nearby Eastern Bloc countries, Poland and Hungary in
particular, caused a chain reaction in East Germany that ultimately
resulted in the demise of the Wall.
After several weeks of unrest, the East
German government announced on 9 November 1989 that all GDR citizens
could visit West Germany and West Berlin. Crowds of East Germans
crossed and climbed onto the Wall, joined by West Germans on the
other side in a celebratory atmosphere.
The «fall of the Berlin Wall» paved
the way for German reunification, which formally took place on 3
Some people in Berlin say that they are
more divided today than 30 years ago. It actually started right after
World War II. East Germany differed from West Germany (Federal
Republic of Germany), which developed into a Western capitalist
country with a social market economy and a democratic parliamentary
Continual economic growth starting in
the 1950`s fueled a 20-year «economic miracle». As West Germany`s
eceonomy grew, and its standard of living steadily improved, many
East Germans wanted to move to West Germany.
Today, we can see that it all boil down
to one ting: The richest people in Germany live in the West.
Big companies and high income is
missing in the East were only 36 og Germany`s 500 biggest companies
have headquarters. In 1991, East Germany`s GDP per capita was
equivalent to just 43 percent of that in West Germany, but now it`s
75 percent (2018). According to a poll, most East Germans still feel
like «second class citizens.»
About 2 million people have left the East for the West after the fall of the wall, and two thirds of them were women. The Eastern population is older, poorer and more male. Only two soccer teams out of 18 are from the East. Interestigly, the far-right is doing it better in the East.
It all goes back to Stalin and the
Communists. The German Democratic Republic (GDP, East Germany) was
declared on 7 October 1949. By a secret treaty, the Soviet Ministry
of Foreign Affairs accorded the East German state administrative
authority, but not autonomy. The Soviet permeated East German
administrative, military and secret police structure and had full
The Organization for Economic
Cooperation and Development (OECD) said schools were «a justifiable
source of pride for the East Germans.» OECD said that while
education system in the former West focused on dividing children into
different ability groups early on, the Eastern system was more
But after the fall of the wall, the
East was eager to do everything in the Western way, even education.
The education system in the East become more unequal. Kids drops out
of school and are worce off in the East than in the West. In West
Germany, people look back at East Germany in a very negative sense.
The West are more conservative and
religious. Politically, Germany is still very divided. Voters in the
former Communist states are voting the far-right AfD.
You can see what the communists have
done to the mindset and the community. We know the story of one of
the founders of Google, Sergei Brin. His parents escaped from Moscow
to the United States. They separated the kids on the school. Brin
couldn`t participate with the other kids in gym and matematics.
Indoctrination of Marxism-Leninism
became a compulsory part of the school curricula, sending professors
and students fleeing to the West. The East Germans created an
elaborate political police apparatus that kept the population under
close surveillance, inluding Soviet SMERSH secret police.
Who wants to live in a hell like this?
The emigrants tended to be young and well-educated, leading to the
brain drain feared by officials in East Germany. They stated «the
flight of the intelligentsia has reached a particularly critical
The loss was disproportionately heavy
among professionals, engineers, technicians, physicians, teachers,
lawyers and skilled workers. The brain drain of professionals had
become so damaging to the political credibility and economic
viability of the East Germany that the re-securing of the German
communist frontier was imperative.
Following World War II, Soviet leader
Joseph Stalin headed a group of nations on his Western border, the
Eastern Bloc, that then included Poland, Hungary and Czechoslovakia,
which he wished to maintain alongside a weakened Soviet-controlled
As early as 1945, Stalin revealed to
German communist leaders that he expected to slowly undermine the
British position within the British occupation zone, that the United
States would withdraw within a year or two, and that nothing would
then stand in the way of a unified communist Germany within the bloc.
The major task of the ruling communist
party in the Soviet zone was to channel Soviet orders down to both
the administrative apparatus and the other bloc parties, which in
turn would be presented as internal measures.
Property and industry was nationalized
in the East German zone. If statements or decisions deviated from the
described line, reprimands and punishment would ensure, such as
imprisonment, torture and even death.
In 1949, following disagreements
regarding reconstruction and a new German currency, Stalin instituted
the Berlin Blockade, preventing food, materials and supplies from
arriving in West Berlin. The United States, the United Kingdom,
France, Canada, Australia, New Zealand and several other countries
began a massive «airlift», supplying West Berlin with food and
The Soviets mounted a public relations
campaign against the Western policy change. Communists attempted to
disrupt the elections of 1948, preceding large losses therein, while
300,000 Berliners demonstrated for the international airlift to
continue. In May 1949, Stalin lifted the blockade, permintting the
resumption of Western shipments to Berlin.
After the Soviet occupation of Eastern
Europe at the end of World War II, the majority of those living in
the newly acquried areas of the Eastern Bloc aspired to independence
and wanted the Soviets to leave.
Taking advantage of the zonal border
between accupied zones in Germany the number of GDR citizens moving
to West Germany totaled 187,000 in 1950. 165,000 in 1951. 182,000 in
1952, and 331,000 in 1953.
One reason for the sharp 1953 increase
was fear of potential further Sovietization, given the increasingly
paranoid actions of Joseph Stalin in late 1952 and early 1953.
The fall of the Berlin Wall is a symbol
of the Cold War in post-World War II Europe. The Wall separated East
and West Berlin for 28 years, and it illustrated the gap between two
political ideologies; Capitalism and Communism.
On Saturday 9 November, Berlin will celebrate the 30th anniversary of the peaceful revolution and the fall of the wall.
China is staging one of its biggest
military parades ever. It`s a celebration of 70 years of Communist
Party rule as pure, political triumph. It is set to be the largest
military parade and mass pageant in Chinese history.
The 70th Anniversary of the Founding of The People`s Republic of China is an upcoming ceremonial event with a grand military parade as its spotlight to celebrate National Day of the People`s Republic of China that is scheduled to take place on 1 October 2019 in Beijing.
President and Chairman of the Central
Military Commission Xi Jinping, who will be the guest of honor, will
give the holiday address to the nation and Chinese expatriates abrod
before inspecting the formations along Chang`an Avenue.
The Communist Party of China had
defeated the Kuomintang Party following the Chinese Civil War, which
occurred intermittently between 1927 and 1949. In the aftermath of
the civil war, the Kuomintang and its loyalists then retreated to the
island of Formosa (also known as Taiwan), formerly a prefecture of
the Qing Empire, which had been under Japanese colonial rule from
1895 to 1945.
The founding of the People`s Republic
of China was formally proclaimed by Mao Zedong, the Chairman of the
Communist Party of China, on 1 October 1949 at 03:00 pm in Tiananmen
Square in Beijing.
The first public parade of the then new
People`s Liberation Army took place there, following the chairman`s
address of the formal foundation of the new republic. Before this, as
the national anthem March of the Volunteers was played, the new
national flag of the People`s Republic of China was officially
unveiled to the newly founded nation and hoisted for the first time
during the celebrations as a 21-gun salute fired in the distance.
In its early years, the People`s
Republic of China was not internationally recognized as the Republic
of China held its seat in the United Nations and the Security Council
as the sole legitimate government of «China» by the United States
and Western nations.
A massive National Day fireworkks
display had been planned along the harbour in Hong Kong to celebrate
the 70th anniversary. As it has done every year since
1997, Hong Kong government cancelled them «for safety reasons» over
the protests in the city that have lasted since March.
Safety is one thing. Popularity is
another. Hong Kongers doesn`t like Beijing and China.
Hong Kongers have made a new poster:
swastikas and the term «Chinazi.»
A few weeks ago, the protesters marched
to the US consulate to urge Congress to pass the Hong Kong Human
Rights and Democracy Act. Many had American flags. Others had a red
flag with yellow stars arranged in the shape of a swastika.
A week later they all had a «Chinazi»
flag made by local pro-democracy party people power. They also made a
banner that cast chief executive Carrie Lam as an unmistakable
Hitler, giving her the lavel «Butcher Carrie» against a backdrop of
On Sunday 29 September, coinciding with
the 80th anniversary of the divvying up of occupied Poland
between Germany and the Soviet Union, Hong Kongers held a large
protest, alternately dubbed the «Global Anti-Totalitarianism March»
and the «Global Anti-Chinazi March,» alongside dozens of citis
around the world.
«Chinazi» is drawing comparisons
between the Holocaust`s concentration camps and China`s internment
camps in Xinjiang.
Hitler and the Nazis committed one of
the worst atrocities ever in human history, orchestrating a
state-sponsored genocide that led to the murder of millions of
people. Not only Jews, but also political opponents, gay men,
roman`s, gipsy`s and millions of mentally and physically handicapped
Comparing China to Nazi Germany comes
from the author of the book; Nazi China, written by the exiled
Chinese writer Yu Jie. The man also wrote a biography of the late
Nobel Peace Prize laureate and activist Liu Xiaobo.
Chinese state media called Hong Kong`s
protesters «Blacknazi,» while the police called them «cockroaches,»
and protesters regularly refer to police as «dogs.»
Hitler and the Nazi`s committed one of
the worst atrocities ever in human history. They were the worst
state-sponsored terrorist group in human history. Trump talked about
freedom of religion, hate crime and state-sponsored torror in his UN
speech last week, and the term «Chinazi» sends a warning to the
world. The history may repeat itself.
Since the handover in 1997, the share
of people in Hong Kong identifying as Chinese have declined, reaching
38,6 percent in 2008. Today, the number is just 10,8 percent.
Meanwhile, the share of people identifying as HongKongers has
increased dramatically over the last decade, hitting 53 percent this
China Central Television (CCTV) is
expected to mainly broadcast sychronously for domestic and foreign TV
channels with CCTV-1 as the producing channel for the celebrations,
while national, provincial and city broadcasters and TV stations,
domestic internet video, portals, and live webcast sites may also
broadcast the event simultaneously.
The China Media Group (general station)
may also broadcast live overseas through websites such as YouTube.
People in China are grateful and loyal and accept the Communist Party and their lack of political freedom because they have benefited from this explosion of material wealth and opportunity. Don`t forget that free market Capitalism made China rich.
“The Hate Trump Media Mob” told you that the president of the United States, Donald Trump will be impeached. Not because of the Russia collusion Hoax. No, this time it is because they say Trump talked like a Mafia Boss. He pushed Zelensky.
The Media Mob said president Trump
repeatedly pushed for Ukrainian President Volodymr Zelensky to
investigate former Vice President Joe Biden, and his son, Hunter,
during a July 25 phone call, according to a transcript of the
conversation released by the White House.
But if you listen to president Zelensky himself, it is a different story. He said in a meeting with Trump that nobody pushed him. So, who are we gonna listen to? Can we trust the Media Mob this time?
The Media Mob have repeatedly said that Trump is unfit to be a president. The same is said about PM Boris Johnson. But what about Zelensky? He is the 6th president of Ukraine, and he is a Ukrainian comedian. Can you believe that? A comedian.
People voted for Zelensky because they didn`t want traditional politicians. Do you see the pattern here? The same happened in France when president Macron won the election. Traditional politicians are out.
People voted for Trump because he is a business man and not a politician. They all have the same goal: Drain the swamp! That`s what this positive populism is about.
Read the transcript below and see what
president Zalensky said to Mr Trump. One of the things he said is
«We are trying to work hard because we wanted to drain the swamp here in our country. We brought in many many new people. Not the old politicians, not the typical politicians, because we want to have a new format and a new type of government. You are a great teacher for us and in that.“
The Democrats and the Media Mob wants to get rid of president Trump, and they want to impeach him because they believe that Trump pushed Zalensky to investigate Biden. Read the transcript below and make up your own mind.
UNCLASSIFIED Declassified by order of the President September 24, 2019 MEMORANDUM OF TELEPHONE CONVERSATION SUBJECT: Telephone Conversation with President Zelensky of Ukraine Participants: President Zelensky of Ukraine Notetakers: The White House Situation Room Date, Time July 25, 2019, 9:03-9:33 am EDT and Place: Residence
on a great victory. We all watched from the United States and you did
a terrific job. The way you came from behind, somebody who wasn’t
given much of a chance, and you ended up winning easily. It’s a
fantastic achievement. Congratulations.
President Zelenskyy: You are absolutely right Mr. President. We did win big and we worked hard for this. We worked a lot but I would like to confess to you that I had an opportunity to learn from you. We used quite a few of your skills and knowledge and were able to use it as an example for our elections and yes it is true that these were unique elections. We were in a unique situation that we were able to achieve a unique success. I’m able to tell you the following; the first time you called me to congratulate me when I won my presidential election, and the second time you are now calling me when my party won the parliamentary election. I think I should run more often so you can call me more often and we can talk over the phone more often.
(laughter) That’s a very good idea. I think your country is very
happy about that.
President Zelenskyy: Well yes, to tell you the truth, we are trying to work hard because we wanted to drain the swamp here in our country. We brought in many many new people. Not the old politicians, not the typical politicians, because we want to have a new format and a new type of government. You are a great teacher for us and in that.
The President: Well it is very nice of you to say that. I will say that we do a lot for Ukraine. We spend a lot of effort and a lot of time. Much more than the European countries are doing and they should be helping you more than they are. Germany does almost nothing for you. All they do is talk and I think it’s something that you should really ask them about. When I was speaking to Angela Merkel she talks Ukraine, but she ·doesn’t do anything. A lot of the European countries are the same way so I think it’s something you want to look at but the United States has been very very good to Ukraine. I wouldn’t say that it’s reciprocal necessarily because things are happening that are not good but the United States has been very very good to Ukraine.
President Zelenskyy: Yes you are absolutely right. Not only 100%, but actually 1000% and I can tell you the following; I did talk to Angela Merkel and I did meet with her I also met and talked with Macron and I told them that they are not doing quite as much as they need to be doing on the issues with the sanctions. They are not enforcing the sanctions. They are not working as much as they should work for Ukraine. It turns out that even though logically, the European Union should be our biggest partner but technically the United States is a much bigger partner than the European Union and I’m very grateful to you for that because the United States is doing quite a lot for Ukraine. Much more than the European Union especially when we are talking about sanctions against the Russian Federation. I would also like to thank you for your great support in the area of defense. We are ready to continue to cooperate for the next steps specifically we are almost. ready to buy more Javelins from the United States for defense purposes.
The President:I would like you to do us a favor though because our country has been through a lot and Ukraine knows a lot about it. I would like you to find out what happened with this whole situation with Ukraine, they say Crowdstrike… I guess you have one of your wealthy people… The server, they say Ukraine has it. There are a lot of things that went on, the whole situation. I think you’re surrounding yourself with some of the same people. I would like to have the Attorney General call you or your people and I would like you to get to the bottom of it. As you saw yesterday, that whole nonsense ended with a very poor performance by a man named Robert Mueller, an incompetent performance, but they say a lot of it started with Ukraine. Whatever you can do, it’s very important that you do it if that’s possible.
President Zelenskyy: Yes it is very important for me and everything that you just mentioned earlier. For me as a President, it is very important and we are open for any future cooperation. We are ready to open a new page on cooperation in relations between the United States and Ukraine. For that purpose, I just recalled our ambassador from United States and he will be replaced by a very competent and very experienced ambassador who will work hard on making sure that our two nations are getting closer. I would also like and hope to see him having your trust and your confidence and have personal relations with you so we can cooperate even more so. I will personally tell you that one of my assistants spoke with Mr. Giuliani just recently and we are hoping very much that Mr. Giuliani will be able to travel to Ukraine and we will meet once he comes to Ukraine. I just wanted to assure you once again that you have nobody but friends around us. I will make sure that I surround myself with the best and most experienced people. I also wanted to tell you that we are friends. We are great friends and you Mr. President have friends in our country so we can continue our strategic partnership. I also plan to surround myself with great people and in addition to that investigation, I guarantee as the President of Ukraine that all the investigations will be done openly and candidly.. That I can assure you.
The President: Good because I heard you had a prosecutor who was very good and he was shut down and that’s really unfair. A lot of people are talking about that, the way they shut your very good prosecutor down and you had some very bad people involved. Mr. Giuliani is a highly respected man. He was the mayor of New York City, a great mayor, and I would like him to call you. I will ask him to call you along with the Attorney General. Rudy very much knows what’s happening and he is a very capable guy. If you could speak to him that would be great. The former ambassador from the United States, the woman, was bad news and the people she was dealing with in the Ukraine were bad news so I just want to let you know that. The other thing, There’s a lot of talk about Biden’s son, that Biden stopped the prosecution and a lot of people want to find out about that so whatever you can do with the Attorney General would be great. Biden went around bragging that he stopped the prosecution so if you can look into it… It sounds horrible to me.
President Zelenskyy: I wanted to tell you about the prosecutor. First of all, I understand and I’m knowledgeable about the situation. Since we have won the absolute majority in our Parliament, the next prosecutor general will be 100% my person, my candidate, who will be approved, by the parliament and will start as a new prosecutor in September. He or she will look into the situation, specifically to the company that you mentioned in this issue. The issue of the investigation of the case is actually the issue of making sure to restore the honesty so we will take care of that and will work on the investigation of the case. On top of that, I would kindly ask you if you have any additional information that you can provide to us, it would be very helpful for the investigation to make sure that we administer justice in our country with regard to the Ambassador to the United States from Ukraine as far as I recall her name was Ivanovich. It was great that you were the first one who told me that she was a bad ambassador because I agree with you 100%. Her attitude towards me was far from the best as she admired the previous President and she was on his side. She would not accept me as a new President well enough.
The President: Well, she’s going to go through some things. I will have Mr. Giuliani give you a call and I am also going to have Attorney General Barr call and we will get to the bottom of it. I’m sure you will figure it out. I heard the prosecutor was treated very badly and he was a very fair prosecutor so good luck with everything. Your economy is going to get better and better I predict. You have a lot of assets. It’s a great country. I have many Ukrainian friends, their incredible people.
President Zelenskyy: I would like to tell you that I also have quite a few Ukrainian friends that live in the United States. Actually last time I traveled to the United States, I stayed in New York near Central Park and I stayed at the Trump Tower. I will talk to them and I hope to see them again in the future. I also wanted to thank you for your invitation to visit the United States, specifically Washington DC. On the other hand, I also want to ensure you that we will be very serious about the case and will work on the investigation. As to the economy, there is much potential for our two countries and one of the issues that is very important for Ukraine is energy independence. I believe we can be very successful and cooperating on energy independence with United States. We are already working on cooperation. We are buying American oil but I am very hopeful for a future meeting. We will have more time and more opportunities to discuss these opportunities and get to know each other better. I would like to thank you very much for your support.
Good. Well, thank you very much and I appreciate that. I will tell
Rudy and Attorney General Barr to call. Thank you. Whenever you would
like to come to the White House, feel free to call. Give us a date
and we’ll work that out. I look forward to seeing you.
you very much. I would be very happy to come and would be happy to
meet with you personally and get to know you better. I am looking
forward to our meeting and I also would like to invite you to visit
Ukraine and come to the city of Kyiv which is a beautiful city. We
have a beautiful country which would welcome you. On the other hand,
I believe that on September 1 we will be in Poland and we can meet in
Poland hopefully. After that, it might be a very good idea for you to
travel to Ukraine. We can either take my plane and go to Ukraine or
we can take your plane, which is probably much better than mine.
we can work that out. I look forward to seeing you in Washington and
maybe in Poland because I think we are going to be there at that
you very much Mr. President.
Congratulations on a fantastic job you’ve done. The whole world was
watching. I’m not sure it was so much of an upset but
you Mr. President bye-bye.
Norway`s trade surplus plunged NOK 23,8 billion in August this year. All the way down from NOK 30,5 billion to NOK 6,7 billion in the same month the prior year. This is happening in a country that is famous for being «the last Soviet state.» A country were the Communist party is growing in popularity like never before.
But is doesn`t matter, because most of the income is coming from oil and gas. In addition; they have $1 trillion in assets called The Government Pension Fund Global, also known as the Oil Fund. The fund was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector.
The fund have stocks in 9158 different
companies in 73 different countries. Most of the capital is invested
in stocks and some of it in fixed income securities. A small part of
the investments is invested in the real estate market.
The goal is to contribute to the
Therefore, the fund and the country is
dependend on sustainable growth, markets that works well and
Oil prices jumped more than 20 percent on Monday and that`s good news for Norway. The higher the price of oil, the more they earn. 62 percent of Norway`s export comes from Mineral fuels, oils and distillation products.
We all know that these category is on the way out. So, the “new oil” is fish that stands for 9,5 percent of the exports. In other words; this model is fragile.
The biggest trading partner is the
United Kingdom with 22 percent export. Second is Germany with 16
percent. Third; Netherlands at 11 percent, France and Sweden with 6,7
percent. Down on the export list we will fine the U.S at 4,7 percent
and China with 2,1 percent.
Two of the biggest trading partners are
in trouble. United Kingdom with Brexit and Germany near recession. In
addition; we have the trade tension between the U.S and China. As you
can see; a higher oil price came at the right point for the fund as
62 percent of the exports comes from oil.
Brent climbed as much as 20 percent on
Monday and that is the biggest percentage move since 1990 Kuwait
invasion. It jumped up to $71 per barrel in the seconds after the
open, before pulling back about half of the initial surge. That was
equivalent to $12 increase, and that is the largest gain in dollar
terms since 1988. All this is good news for Norway that is dependend
But the Nobel Peace Prize Country need
to wake up, because this won`t last forever. Higher oil prices is
good but that is not enough. The Petro dollar can also be a game
changer in addition to all the electric vehicles that is flooding the
market. Every single EV sold will decrease the demand for oil every
Nor is fish enough. Oil is good
especially if you are in a cartel business. You don`t have much
competition either because oil is very limited in other countries. 70
percent on this planet is water and there are lots of fish in it.
Other countries can start to compete in the fish industry whenever
they want. Fish is not as unique as oil. Competitors can pop up and
take market shares and push the prices down. Like Russia.
Russian aquaculture is planning a new RUB 1,5 billion smolt plant and that will reduce the dependence of Norwegian fry imports. Russian Aquaculture produces around 18,000 tonnes of salmon and trout on the Kola peninsula, the for northwest of Russia. Among the owners of the company are Maksim Vorobyov, the brother of the governor of Moscow.
Russia will triple the production in 11 years. The deputy head of Russia`s Fedral Agency for Fisheries Vasily Solokov has told Tass that the Russian government is drawing up plans to make salmon production account for 37 percent of all aquaculture by 2030.
Some Russian producers are hoping to increase production to cover one third of the country`s entire salmon and trout consumption. A peninsula in northern Russia which is close to key military bases and nuclear submarines is being used to grow the country`s salmon farming regime.