Top Left Link Buttons
  • English
  • German
  • French
  • Russian
  • Chinese (Simplified)
  • Italian
  • Spanish
  • Arabic
  • Persian
  • Greek

General

Category Archives

Top Renewable Energy Co. Fails

Leading Renewable Energy Company Abengoa, Once the Cat’s Meow, Fails

March 5 (EIRNS)–A leading renewable energy firm, Abengoa SA, which has been the darling of the City of London and Wall Street financiers, and green Malthusians, filed for bankruptcy, on Feb. 23. The Spanish company has carried out projects in the United States, and in 2010, it received a large United States loan guarantee from the Barrack Obama-Joe Biden administration to build a solar energy plant in Arizona. This is the second largest bankruptcy in Spanish history, according to the El Pais newspaper, and has global implications. This represents a snap shot of the significant vulnerability of a planned $40 trillion green speculative bubble in “renewables,” even before it is built.

This will be the third failure of Abengoa; having cooked its books in 2015—it was later found out—in order to present a picture of functionality, it collapsed in 2016 (wiping out almost all the value of its stockholders). It restructured its debt in 2018, and was in the process of attempting to restructure its current 6 billion euro/US$7.3 billion debt load, when the Spanish regional government of Andalusia unravelled a larger bail-out package by withdrawing its part of the package: an offer of a 20 million euro loan to the failing Abengoa.

The July 5, 2010 GreenTechMedia reported that in 2008, Abengoa ‘negotiated with the Obama-Biden administration, along with Energy Secretary Steven Chu, that the U.S. government would extend to Abengoa a $1.4 billion U.S. federal loan guarantee—a very large sum at that time for renewables—to build a “250 megawatt “Solana solar concentrating power plant near Gila Bend, 70 miles southwest of Phoenix, Arizona. It would be a parabolic trough plant, that would supposedly be able to store some of the solar rays in the form of thermal energy. But the trick was that the plant would generate about 38% of its rated capacity, meaning that it would generate almost two-thirds below what its rated capacity said.

Abengoa also built in Hugoton, Kansas a hybrid biomass plant, which would convert 350,000 tons of biomass/year into 25 million gallons per year of liquid fuel. Abengoa opened this plant in October 2014; the plant shut down operations in December 2015. Abenoga sold the plant, which cost more than $110 billion to build, to another company for $43 billion.

It has not been made known what will happen to the $1.4 billion Obama-Biden loan guarantee that was made to Abengoa.

It should be noted that many solar and wind turbine companies survive only through U.S. government tax breaks and subsidies. According to the America’s Power organization, solar and wind have received $82.1 billion in tax subsidies just between 2010 and 2018.

The failure of Abengoa is a cautionary tale of what may unfold from a $40 trillion geen speculative bubble. That would take down the energy and electricity generating process, and slash agro-manufacturing processes, and human population. It would also, through its insanity, collapse financially.


UN Rapporteur Slams US Sanctions

Hypocrisy of “human rights” cries are exposed.

Mar. 5 (EIRNS)–Speaking at the United Nations offices in Geneva on March 4, UN Special Rapporteur on the negative impact of unilateral coercive measures on the enjoyment of human rights, Alena Douhan, and Obiora C. Okafor, UN Independent Expert on human rights and international solidarity, said sanctions adopted by the US violate the rights of citizens from many other countries.

“Emergencies declared by the United States often last years, and in some cases decades, and so do the sanctions they authorize,” the experts said in a statement. “Instead of being true emergencies, they seem like excuses to impose sanctions indefinitely.”

“The sanctions authorized by the U.S. on the base of announced states of emergency violate a wide range of human rights in China, Cuba, Haiti, Iran, Nicaragua, the Russian Federation, Syria, Venezuela, Zimbabwe and other countries around the world, including rights to freedom of movement, of association, to due process such as fair trial and the presumption of innocence, as well economic and social rights and the very right to life,” Douhan and Okafor stressed.

They also charged that the sanctions affect the rights of those engaged in providing assistance for the reconstruction of Syria, and slammed the imposition of secondary sanctions.

They called on the US to “fully and completely observe its obligations under the ICCPR to prevent any negative impact on the human rights of persons subject to sanctions authorized under the emergency declarations” — a very weak conclusion, when clearly the sanctions are illegal and should be cancelled. 


Who Controls the Narratives Promoted by the “Mainstream Media”?

A majority of people now know that one cannot trust what appears in the media.  Yet even those who know this, and consider themselves to have been “awakened” by this awareness, get manipulated by the narratives scripted by psychological warfare specialists.  Today we take up questions shaped by those brainwashers, who have developed narratives to convince you that: 1) Afghanistan is hopeless, as civil war, underdevelopment, drug trafficking and terrorism are its destiny; 2) China’s economic progress, and its commitment to aid others through the Belt-and-Road Initiative, make it a threat to the U.S.; 3) That a military confrontation between the U.S. and Russia is inevitable.


LIVE EVENT: Why the “Great Reset” Is Dead On Arrival: Ideas, Not Oligarchies, Change the Universe

Join us LIVE on Saturday at 2pm EST.
Today’s guests include Harley Schlanger and Claudio Celani. 


Global Space Cooperation

Jubilation in Paraguay Over Launching of First Satellite

March 4, 2021 (EIRNS)–With great pride and excitement, Paraguay launched its first satellite, GuaraniSat-1, on Feb. 20, from NASA’s launch facility on Wallops Island, Virginia–an event considered to be of great historic significance for the country. Two days after launch, the Northrop Grumman Cygnus supply ship carrying the nanosatellite docked at the International Space Station (ISS) from which Guaranisat-1 will be placed in orbit in the next month or two. This CUBESAT satellite which measures only 10x10x10 cm, was developed by the Paraguayan Space Agency (AEP) as part of multi-nation program known as BIRDS-4, developed by Japan’s Kyushu Technological Institute and backed by Japan’s space agency, JAXA. Once in orbit, GuaraniSat-1 will be involved in monitoring the prevalence of Chagas disease in the country’s Chaco region, but Paraguayan engineer Adolfo Jara told EFE news agency that the satellite will actually have to perform nine missions in the space of a year and a half.

Amidst much jubilation and congratulations, an AEP twitter feed showing two small children happily reporting on the launch and waving the Paraguayan flag, captured the nation’s sentiment. The head of the AEP’s Planning Division, Jorge Kurita, told EFE that the AEP’s participation in this program has had a “domino effect” in “the creation of research teams in the space sector, applied to solving problems on Earth.” AEP’s director of Aerospace Development, Alejandro Roman, added that for a country like Paraguay, subject to annual floods and forest fires, the GuaraniSat-1 observation satellite can help in “planning responses. This is an example of how science and space technology can help improve a government’s and a nation’s management” capabilities, “The AEP isn’t just dedicated to the launching of a satellite,” he added. “It’s a means to advance in technological development.”


More British Provocations Signal the Panic Gripping Those Running the Empire

While British Foreign Minister Raab threatens China over its unwillingness to submit to the City of London’s Rules-Based Order, the largest financial institutions are granted exemptions from the new minimum global corporate tax praised by Biden.  If a company is a corporation based in the City of London, Wall Street or Silicon Valley, it is exempt from the new taxes.  The blowhards demanding subservience to the new global order are deploying regime change operations and military threats against nations which don’t accept the arbitrary rules the Davos billionaires have created for everyone, but themselves!  The imperial order is dying, help us put it out of its misery, by creating a new, just order based on principles of international law.  

— harleysch@gmail.com


Video: Time to End the “Rules” Based Order — Restore the Common Good

We present this video to introduce you to the Schiller Institute’s ongoing series of conferences designed to make sure you understand and know how to defeat what is called the “rules based international order” perpetrated by those would be masters of the planet who have deliberately robbed us of tens of millions of lives through disease, famine, war, and other products of the under-development they insist on.


Webcast: As War Danger Grows, There is No Alternative to U.S.-China Cooperation

While there are still questions about where the Biden administration is heading in strategic policy, there are some very real reasons for concern. There is the threat of mass starvation in Yemen, and the growing danger of food shortages in Syria, due to sanctions; last week’s U.S. military strike on a base in northeast Syria; new sanctions against Russia over the fake human rights issue of Navalny; and the intent to expand NATO into the “Indo-Pacific region”, as part of a plan to “encircle and contain” China.

In discussing these concerns, Mrs. LaRouche emphasized that these crises could be addressed through cooperation. Instead of starving children in Yemen and Syria, a program of immediate food relief could be done, with a longer-term plan for reconstruction. As for the response from China to the threats from the West, “Global Times” called these measures “evil”, describing the attacks on China as part of an obvious overall plan to prevent development in all poorer nations.

Instead of tactics leading to heightened confrontation, the U.S. should begin to address the collapse of its platforms of infrastructure. A modest plan from the American Society of Civil Engineers calls for $2.5 trillion in investment over the next ten years. In reality, a much greater amount is needed — why not fund major infrastructure projects in the U.S., she asked, rather than pouring hundreds of billions into the pockets of the Military Industrial Complex, for wars and destruction around the world?


Helga Zepp-LaRouche on ChinaPlus ‘World Today’ Program

Helga Zepp-LaRouche gave the following interview today to the “World Today” broadcast of ChinaPlus, the English website of China Radio International.

ChinaPlus: Chinese President Xi Jinping is calling on China and European countries to expand consensus and cooperation to jointly cope with global challenges. He made the remarks at a virtual summit with French President Emmanuel Macron and German Chancellor Angela Merkel. The Chinese leader says what the world needs is mutual respect and a sincere cooperation among nations.

Xi Jinping: At present, the global pandemic situation remains severe, with frequent resurges. The prospects for economic recovery are uncertain and there is still a long way to go. The world more than ever needs mutual respect and close collaboration, rather than suspicion and technism or zero-sum game.

ChinaPlus: During the meeting, the German and French leaders expressed their support for the conclusion of the EU-China investment agreement, and adding that they hoped the 23rd EU-China summit would take place as soon as possible.

For more on this, we are joined by Helga Zepp-LaRouche, founder of the Schiller Institute, a global political and economic think tank headquartered in Germany. Thanks for joining us, Helga.

Helga Zepp-LaRouche: Yes, hello; good day.

ChinaPlus: So, what’s your main takeaway from this virtual summit, and what’s your assessment of the overall tone of the meeting?

Zepp-LaRouche: I think, from everything one can say, is that it was very constructive, and also much needed, because there were some recent difficulties after the European Parliament blocked the EU-China investment agreement. So, I think that they discussed the possibility of reviving it is very positive. Mrs. Merkel said that she wants to have this revived as soon as possible. And President Macron said that he supports the conclusion of the China-EU investment agreement. So, I think it was very useful and productive.

ChinaPlus: The summit is coming at an increasingly tense moment for EU and China ties, given that the EU’s recent sanctions against China and its interference in the country’s internal affairs. So, will this call lead to a shift in the EU’s approach to relations with China? And possibly, easing confrontations between the two sides?

Zepp-LaRouche: Yes, I think it will. And I think it’s also important that this comes only four days after the very hysterical statement coming from the Lithuanian Foreign Minister Landsbergis, who had on Friday last week called for an end of the French-German dominance of the EU. He wanted to have a unified EU policy on China, which in his terms means against China. He even said that he wants to set up offices in Taiwan. So, I think this was a clear rebuttal of this position of Landsbergis. So I think that that was very useful.

ChinaPlus: What’s your assessment of the current EU policy on China in general? Do you think that the tough stance recently taken by the EU side against China needs to change? As we know, China became the world’s largest EU trading partner last year, overtaking the U.S. European business leaders have expressed their hope that the EU will strengthen cooperation with China, rather than shut it out and decouple.

Zepp-LaRouche: Yes, I think such a change is really very urgent, because, as it was mentioned by President Xi Jinping, the world is still confronted with a very serious pandemic. We have a world famine of biblical dimension, as the head of the World Food Program, Beasley, is calling it. We have a hyperinflation danger in the Western countries. As you can see with the situation in Afghanistan, there needs to be an urgent cooperation for economic development in the entire region of Southwest Asia, because otherwise, there is a danger of a new explosion of terrorism, and also the drug problem is very big.

So, I think there are so many common aims of mankind in a world which is very fragile, and therefore, I think that these three important countries—China, France, and Germany—make steps to really mend fences and work together more closely, can only be welcomed in the interest of humanity as a whole.

ChinaPlus: We see many European politicians have emphasized the differences between China and the EU, but President Xi is calling on China and the EU to adhere to the norms of mutual respect, and to handle differences appropriately. So, were the differences between the two sides addressed during the talks? And how can the two sides resolve their differences?

Zepp-LaRouche: Yes, I think some of the differences were clearly addressed. For example, China is always emphasizing the need to stick to the UN Charter and international law, while some Western politicians always talk about a “rules-based order,” which, if you look at it more closely, has turned out to be a rather arbitrary definition of pursuing the interests of some groups. So, I think that was addressed—at least from the read-out, one can say that. And also, it was stressed by China that the intention of China is not to replace anybody else, but to focus on its own development.

But I think there was one aspect in the discussions which I thought was particularly promising: Namely, that they seem to have focussed on a joint mission, which helps countries and people to always overcome their bilateral or trilateral difficulties. In this case, the focus was on Africa, that China and Germany and France would work together. That Germany, for example, said they were considering to join the initiative on partnership for African development. I think President Xi not only pointed to the severe situation of Africa, because of the pandemic and economic hardships resulting out of that, but he also said that Africa has the greatest development potential. He has stressed that in the past, in summits with African leaders, and I think this is absolutely true. The African continent has a very young average population, which means that if you provide them with jobs and economic opportunities, they can become really an economic engine in the next generations. That positive look on Africa is generally lacking in Europe, and I think therefore the populations of Germany and France and other European countries can only profit from the optimistic perspective that China has towards Africa. I think this can only have a positive effect.

ChinaPlus: Another key factor crucial for China-EU relations nowadays is the U.S. factor. We’ve noticed increasingly frequent interactions between the U.S. and the EU, with Washington trying to rally its European allies against China. Do you think the call emanating from the summit is sending a signal from France and Germany that they are refusing to align themselves with the U.S. bipolar confrontation?

Zepp-LaRouche: I would think so, because as you know, there was just the G7 summit, where Biden had travelled to England, and this was an effort to unite the allies in this stance against Russia and China. But Chancellor Merkel had always stressed in the recent period that she does not like to be pulled in one or the other direction, and forced to choose sides, and that she supports a multilateral world order. So, I think this is definitely a positive signal. One would hope that the Europeans really understand that it’s in their self-interest to have such a balanced view, to say the least.

ChinaPlus: But some observers believe the U.S. has more power over the EU than that of Germany and France combined, so the change of attitudes from Germany and France won’t make much of a difference in the EU’s China policy. How do you look at this?

Zepp-LaRouche: The EU right now is very disunited You had the Dutch leader, Rutte, who wants to kick out Orban from Hungary, and Hungary out of the EU. Then, Slovenia just took over the EU Presidency for the next six months, and he clearly is supporting Hungary, and backs the Hungarian view that they don’t like cultural interventions, interference with their value set, whereby Western European countries try to impose their liberal views, while the East European countries are more traditional. I think if they keep doing these kinds of things—and von der Leyen then attacked Slovenia, and then you have the disunited Baltic states and Poland. I think the EU right now is not in a strong position at all. I think the thing which will, I’m pretty sure, dominate in the future will be the self-interest of these countries. For Germany, for France, and also the other European countries, the economic interest in a world which is in a turmoil, the relation with China is clearly a factor of stability. This is what the German industry wants for the most part.

I think also the United States may change.

The United States has pursued policies in the last 20 years which were not really in the interests of the United States itself, as you can see by what happened in Afghanistan, where a war was fought for 20 years, and absolutely nothing came out, other than misery, death, and a lot of cost. So, maybe the United States can also start to change, and see that cooperation is more in their interest than confrontation.

I know this is not the dominant policy right now, but things are changing very, very rapidly. I would really hope that the new paradigm of international relations gets into the minds of political leaders, because confrontation can only lead to a disaster.

Anyway, I think we are in a flux. We are in an historic moment of dramatic change, and a lot depends on good initiatives which people have to influence the situation for the better.

ChinaPlus: OK, thank you very much, Helga. That was Helga Zepp-LaRouche, founder of the Schiller Institute, a global political and economic think tank headquartered in Germany.


How Continued Adherence to British Imperial Geopolitics Caused the Afghan Debacle

As news reports feature the threat of a Taliban takeover of Afghanistan following the withdrawal of U.S. forces, some voices in the U.S. Congress are questioning why we are leaving!  The real question should be, “Why were we there for 20 years?  Why did we waste more than $1 trillion and several thousand American lives on a war the Pentagon knew was unwinnable?”  The followup question to that should be, “Why are we still using British geopolitical strategies to conduct our foreign and military policies?  When will we learn our lesson — as Lyndon LaRouche always insisted — that the British Empire is our republic’s only true enemy?”


Page 79 of 131First...787980...Last