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OT: World Politics



If I had to bet, someone(s) who Trump makes money off of wanted this deal to happen.

I haven't seen the details of the deal widely reported but here's the coles notes:

- There is no repayment of previous US assistance to Ukraine at any valuation.
- There is no security guarantee from the US in the deal, but there is language in the deal admitting that Russian perpetrated a "full scale invasion" on Ukraine and the deal specifically forbids any Russian firm, or Russian national from being involved in the deal in any way, also any entity or person who has "financed the Russian war machine". No idea how that's enforced, but it's in there.
- Ukraine retains full ownership of all natural resources, including final approvals on all extraction projects
- They've established a 50/50 joint investment fund for all future projects with 50/50 revenue share. All future US military aid counts towards US contributions to this fund (including that 300 million dollar F-16 package). 50% of all future revenue from Ukrainian resource extraction projects will go into the fund. Existing Ukrainian projects are exempt from the deal.
- US firms have 100% off take rights at market rates, as in US firms have right of first refusal on all resource purchases moving forward. They get first dibs, but at whatever the international market rate for that resource at the time is.

Functionally the deal doesn't do a lot. Mines take over a decade to develop to maturity and corporations aren't going to be lining up to spend 100's of millions developing the project in the middle of the war. The pay off really only comes if Ukraine wins (or at least, doesn't lose) the war...which is kind of encouraging.

This also isn't happening in a vacuum. US military exports are tanking, especially in the fighter jet market. Sweden & Saab were pushing hard to get the Gripen into Ukraine to show it off as a future option for a low budget backbone. This undercuts those efforts and gives Lockheed a nice win at the same time they're having billions of contracts cancelled/unfulfilled because of numbuts.
 
Holy shit.

Correct.

The port of Novorossiysk is 340km east of Sevastopol, and the missile they adapted has a max range of 40km. If these naval drones can do this consistently, and Ukraine can produce them at scale, there will be no such thing as Russian jets operating over the waters of the Black Sea.

Make one that can fire larger anti ship missiles and the eastern black sea will now be as dangerous to the Russian navy as the eastern black sea has been for the last few years.
 

Israeli military issues thousands of call-up notices, local media report​

 

Mexico's president says she rejected Trump's plan to send US troops across the border​

 

Putin says Russia has the strength to finish Ukraine operation​

MOSCOW (Reuters) -President Vladimir Putin said in remarks published on Sunday that Russia had sufficient strength and resources to take the war in Ukraine to its logical conclusion, though he hoped that there would be no need to use nuclear weapons.

 
Same day that a very Pro Kremlin media outlet stated that electricity prices are going up 13% this summer due to parts and labour shortages. This is expected to contribute to already significant inflation as most goods will rise in price to offset the increase in costs.
 

Putin says Russia has the strength to finish Ukraine operation​

MOSCOW (Reuters) -President Vladimir Putin said in remarks published on Sunday that Russia had sufficient strength and resources to take the war in Ukraine to its logical conclusion, though he hoped that there would be no need to use nuclear weapons.

So why didn't he finish it 3 years ago?
 

Russian journalist who escaped house arrest in Moscow reappears in Paris after a brutal journey​

 

El Salvador president orders arrest of of bus company heads for defying free transport order​

 
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