Tag Archives: reuters

June 2, 2023 · 01:36

Is it too little, too late?

That is at times the question. What I think does not matter, I can be opinionated. Yet that part is still part of the speculative side that I walk. Only those who are in power in the Kingdom of Saudi Arabia can actually state what is real. The rest including those think tanks are clueless. Well, think tanks have a deeper generic knowledge, as such it is no longer speculation, it is presumption. It is knowledge based on data and knowledge they have, it is more accurate than speculation, but how much more is depending on the political hands that they also feed. 

As such Reuters gave us (at https://www.reuters.com/business/aerospace-defense/italy-ends-yemen-linked-embargo-arms-sales-saudi-arabia-2023-05-31/) ‘Italy ends Yemen-linked embargo on arms sales to Saudi Arabia’ this is good for Italy and it will help the EU, but how much? That remains to be seen. This 11th hour turnaround might have som impact, but will it be enough. For it to matter the UK needed to come across months ago and they didn’t and now China has the bulk of the orders ready for consideration. Italy as such might get some, but will it be enough and there the setting of ‘too little too late’ comes into play. Even as they include the UAE, the setting was always going to be the massive billions that the KSA had to spend and even as we consider that the KSA expenditure reached $75 billion last year, most of it is now going towards China. A safe bet is 40%-50%, but I reckon that China stands to gain up to 70%, all that revenue lost to the US, UK and the EU. The losses for these three are likely THAT big. Mine is not presumption, I do not have certain access. It is speculation at best, but how wrong do you think I am? We saw the courting by Chinese officials in 2021 and 2022 and now that they have made their impact Italy is now ending its embargo with a nice “praising Saudi Arabia’s recent peace mediation efforts”? Who are they kidding? The UK handed their revenue to the tea grannies of the CAAT, well a lot of good that did, China just took over and now none of them have anything to tell anyone. Well CAAT can state that they kept their heads high, so when OPEC adheres to the need of Just stop oil and 250K barrels a day go to China instead of the UK, what will have been achieved? I can tell you, nothing. Nothing will have been achieved, but the quality of life in the UK will go down further. 

We see now all kinds of changes and whilst the political arms give lame excuses all around us, the reality is that we opened our big mouths and there is a cost to that, but when the coffers are empty like most coffers in the US, the UK and most EU countries the cost of living will bite more and more. I tried to warn you all for at least three years and these options are all scuttled and they will not mature. So as Italy is making its step hoping there is some time left, I wonder if there was any time left. It is my speculative view that this is too little and it is way too late, but then my speculation could be wrong. You tell me, I honestly am not certain at present. 

Enjoy the day, the day before the weekend is merely one day away.

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May 12, 2023 · 00:17

Spend, spend, spend

Yes, that can be seen as spending three times over. We are of course referring to the debilitating debt the US has and now it is about to cost them a lot, in the larger stage this has had my attention for some time, but today three articles brought it to the top (yet again). The first one comes from the CBC (at https://www.cbc.ca/news/world/debt-ceiling-us-scrap-1.6836090) where we see ‘The U.S. debt limit is again stoking fears across the globe. Why not just scrap the thing?’ There are of course several answers to that part, but it is ““I don’t think there’s any reason to have it exist anymore,” said Douglas Holtz-Eakin, former director of the Congressional Budget Office, who is the current president of the right-wing think-tank American Action Forum.” I think that Douglas has been sniffing the alternative Gatorade. You see, if there was no reason to have credit limits, I would take out a $50M loan with my IP as collateral and move to Dubai. Have a nice one floor apartment and live of the rest with $300K a month at my disposal until the day I die. The reality is that we all have credit limits and most of us have a credit limit that is in the basement. As such nations and governments have limits as well. It is the idea that Americans think they do not have one, but that is a false assumption. It might have had a delusional ring of truth when they were a super power and when they had all the innovations, but they first off shored the knowledge they had because the board of directors had more bonus options, but they are now either retired or mostly dead. Now India has that power, now Saudi Arabia is the innovative player and now China is about to become the one true superpower. All negative things for the US, but this is what they wanted and they shunned Saudi Arabia too often and now they lose them as an ally as well. The one player that really has all the cash is shunned. Well done America! In the mean time spending went on and it was catered to by people who have close to no ash in the first place. Now the Fortune 100 have less American companies and several of them have a spin on what they really own. The largest players who really have things are Google, IBM, Amazon and Adobe. The rest are wannabe collapsing entities. There is Netflix, but they will be in turmoil for at least a year and there is no way to tell how they are pulling through. Facebook is under the gun and they are about to lose another segment, in the meantime Meta is nowhere near ready. 

So off to article two, this is Reuters (at https://www.reuters.com/markets/us-debt-standoff-overshadows-g7-finance-leaders-meeting-2023-05-11/) giving us ‘US debt standoff overshadows G7 finance leaders’ meeting’, which could be true. You see, Japan is in deep waters, optionally too deep, but that requires financial knowledge I do not have, what I think is the case, is that they are too deep in debt and when the US goes, so does Japan. The 7 nations are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Italy and France are already in deep waters, in part of the overspending my Mario Draghi, in part of a slowing economy. The UK has its own set of troubles which basically leaves Canada and they cannot hold the fort by themselves but that is the group that is in some kind of meeting and the conversation to raise the debt ceiling is a farce, they all know that the US is fighting of shadows of their former selves all alone, all because no one was willing to do something about overspending and they are decades too late in overhauling their tax systems. All these small issues line up to a setting where there is soon an America defaulting on ALL their loans, bonds collapse and that also pushes Japan over the edge. The Reuters article also gives us “U.S.-China tensions also cloud the outlook for the global economy that is already under pressure from signs of weakness in the world’s second-largest economy China.” This is a stage that I find debatable, from my point of view (optionally not a correct one), the Chinese economy is already surpassing America and now that they have the stage for the Middle East with larger venues into Saudi Arabia, they surpass America. The fact that Saudi Oil can now be bought with Yuan is the one push America never needed and never really could handle. With Saudi Arabia about to launch their own version (in English) of Al Jazeera will mean that advertisers have an alternative to Fox and CNN and when that channel branches out to Indonesia, Egypt, Bangladesh and India, the numbers will vastly surpass 500,000,000 viewers. In this I didn’t even consider Pakistan at present. As such where do you think Advertiser will go? America pushed the wrong buttons for years and now their birds are roosting in other nests. The third is also Reuters (at https://www.reuters.com/markets/us/yellen-warns-us-default-would-threaten-global-economy-undermine-us-leadership-2023-05-11/) giving us ‘Yellen warns US default would threaten global economy, undermine its leadership’ where we see “U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would trigger a global economic downturn and risk undermining U.S. global economic leadership” in this I personally believe that the US hasn’t been a real economic leader for some time. It started just before the age of Trump as the US learned that they could no longer afford the things they were doing and now these accounts are all coming up empty all at the same time. So at the end we are given “Yellen said Republican brinkmanship on the issue amounted to a “crisis of our own making” and that just the threat of a default could lead to a downgrade of the U.S. government’s credit rating, as occurred during a debt ceiling fight in 2011.” I personally feel that this is totally bogus, the issue was overspending and both sides of the isle were doing that and both sides were doing that. In addition they alienated the one player who was loaded, the rich relative was made a pariah and that didn’t sit well with that relative. This is why I approached them with my IP. I feel better when someone with the cash pays for my IP than the fakers who have a maximised credit card, implying I would be without cash for too long whilst they walk away with my multi billion dollar IP. I will not allow Microsoft anywhere near it, as such I would have no issues selling it to Tencent Technologies (with a few attached clauses mind you). And I have reason. A clear solution that could have given Google and/or Amazon billions was shunned by them giving me the excuse to go wherever I needed to go to get my golden retirement. And they connect. You see, they are all about contracting economies, all whilst innovation will go where there was no one and in my case in several cases there was no one, only in one case there was someone (Gucci), but they are only on one side of one IP I had and I had several other venues connected to it, optionally to android phones as well. And you see that same issue here. We see ‘raise the debt ceiling’ whilst 4 presidents did not stop overspending, it was not an issue and now as they lose tens of billions in industries that are all headed for China, they are all up in arms with “Yellen wants G7 debate on restricting investment to China”, just like the Huawei issue and we never were EVER given any evidence regarding Huawei. That is the effect of a bully who lost whatever innovation they had to players who were truly innovative and now they are running out of time, they are running out of fairway and they have nothing left. Two elemental parts were ignored for too long the first was overhauling their tax system, the second was overspending and in 2011 the point of no return was reached, both Democrats and Republicans worked together in making that happen and China merely waited for it to collapse and that is now about to happen. Will there be another raise? I cannot tell, but this is not enough, after this one another one will come and that is how this game is being played, almost like bluffing in Omaha poker, the issue is that bluffing is too dangerous and can often fall flat, for someone to think that they can bluff for this long is a new level of delusion. 

No matter what, we are about to find out how much longer the US can play that game and they returns to the stage of tax the rich, another delusional setting, which by the way works out well for Monaco, the Bahamas and Dubai to name but three where the retiring rich could go to actually enjoy their cash. 

Enjoy your day unless you have a PacWest Bank account, at that point you are decently screwed at present.

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May 1, 2023 · 13:31

The premise of danger

That is what I feel is in play, but there is a word of warning, my premise is speculative. To see this we need to take a look at two new articles, both from the BBC. The first one is ‘First Republic makes last ditch bid to find rescue deal’ (at https://www.bbc.co.uk/news/business-65441302). I will go into details shortly. The second one is ‘US Fed admits failure to take forceful action on SVB’ (at https://www.bbc.co.uk/news/business-65428206) which came in a day earlier, but it all links to ‘I honestly don’t get it’ (at https://lawlordtobe.com/2023/03/12/i-honestly-dont-get-it/), which I wrote on March 12th. As such we have a growing concern that stretches well beyond 6 weeks and now we get “According to reports, the Federal Deposit Insurance Corporation (FDIC), a US financial regulator, sought bids for First Republic by the end of last week and has been assessing them over the weekend. Investment banking giant JP Morgan Chase is believed to be one of the banks invited to bid for First Republic, according to news agency Reuters. Bank of America is also understood to have been approached.” And in those six weeks I made a few clear presumptions/speculations. Yet NONE of the media looked into any of that, not even by their own accounts. The setting is that slippery and as such the media has shown that it can no longer be trusted. You see, there was a clear premise that some banks have too many US Bonds, but no one is willing t report on it and now people are withdrawing cash. The global setting becomes that putting your wealth in your mattress (or in a Saudi or Dubai bank) tends to be safer and that is not a good thing. No one is willing to look into the bulk of the US bonds and where they are, more importantly, no one is looking into which banks have US Bonds and how may they have of them, but the journalistic joke (ICIJ) was willing to play the NSA game (Credit Suisse leak) and emotionally speculate away whatever they could. The media is failing us all, because many are driven to ‘governmental’ needs. Yet, this is speculative, but look at what was published and what we are told, the numbers do not add up (neither do the topics). And in the second article we get “The US central bank has said it failed to act with “sufficient force and urgency” in its oversight of Silicon Valley Bank”, as such they didn’t learn in 2008 and they are seemingly not learning now. I use the word seemingly because of the Bonds issue, as I personally see it, some aren’t willing to report on connected matters and that is a whole different kettle of fish, but it is my view and if there is decent evidence proving me wrong, I will accept that. 

So when we are given “Michael Barr, the Federal Reserve’s vice chair for supervision, who led the review, said the US central bank should toughen its rules in response to what it had learned from SVB’s demise” we need to consider a few things. Basel III was created in 2010 (13 years ago) and in the US it was named the “Dodd-Frank Act” which was supposed to stop banks from taking excessive risks, which was partially repealed on May 24, 2018 by former President Trump. And now we have several new messes that could (in a most dire setting) bring about a new age of poverty in the US. Yet the larger setting that pushed for this is how many banks have US Bonds and how many do they have? 

And there is enough evidence out there, but for some reason the bulk of the media will not go near it, why not? If you follow the timeline and you start digging into 

Silicon Valley Bank (SVB)
Signature Bank
First Republic Bank
Credit Suisse
UBS Group AG (they bought Credit Suisse)

A weird setting starts to evolve and I am not an economist, as such someone will tell me I am wrong, but when you start comparing where $20 trillion in US Bands are, the picture shifts. Some are well established ‘banks’ like Rothschild & Co, as such plenty will have bonds, but some took a chance on getting rich quick and the partial repealing of the Dodd-Frank act allowed them, as such several are now in problems and there are more in this level of problem, but someone is brushing these facts under the carpet (and the banks themselves are hiding issues), as such I expect to see more revelations like this over the next 2 quarters. I recon the US Central banks are doing whatever they can to douse that fire before a full baking meltdown is on the horizon and the media is assisting, because if they were not, we would see a lot more facts come to light. Or as my grandfather would say ‘the best secret keeper of an adulterer is a brothel’, to state that someone is getting rich of keeping the secret at present and as I personally see it, the media is assisting them. Why is that? It is (again as I personally see it) because you are no longer entitled to getting the actual news. You get filtered information. News that is censured and approved by share holders, stake holders and advertisers.

Take notice of that small fact and enjoy Monday, only 112 hours until the weekend.

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April 21, 2023 · 23:29

What at first we don’t grasp

Yes, that is the setting we all face, even me. We don’t get everything, we don’t see everything and we don’t put it all together at a first notion. We think at times that the stage is clear, but it I not. It is made harder by a media that cannot be trusted, that relies on emotions and flames to get digital dollars and at times some of them merely keep silent for whatever reason. In this case (I checked today) according to Google Search, only Reuters and Arab News reported on this. You see, Pakistan has placed its first Russian oil order of 100,000 barrels a day. They did so because it is discounted oil and Pakistan does not have great oil reserves and it has 231 million people, as such for them discounted oil is essential, but that also means that Russia is now getting another flow of cash to prolong the war, more important, it might now have a long standing oil customer. You see, no matter how we feel, Pakistan does not care too much about Europe and more important, the war does not touch them. It feels indifferent, but business is indifferent. Business is what Pakistan needs for its people and its commerce and in this discounted oil matters a whole lot. So what do you think other nations will do? 

As such Arab News gives us “Pakistan has placed its first order for discounted Russian crude oil under a new deal struck between Islamabad and Moscow, the country’s petroleum minister said, with one cargo to dock at Karachi port in May. The deal will see Pakistan buy crude oil only, not refined oil, and imports are expected to reach 100,000 barrels per day if the first transaction goes through smoothly, Minister Musadik Malik told Reuters on Wednesday night. “Our orders are in; we have placed that already,” he said.” We might be upset, be might get angry but we need to realise that Musadik Malik can make a case. He must look out for the needs of its country and in a commodity like oil, the discounted version matter a whole lot. People want to get angry, but why? When you get groceries, do you get the brand at $1.99 or the supermarket version at $1.29? Especially when you know that they come from the SAME factory? You feel happy that you saved $0.70 and took that from the factory mouth. I know it is not that simple, because the supermarket orders 10,000 packages to get that discount, but for the consumer it is a saving. So what happens when a nation can get a barrel at $10-$30 less? That is one to three million less and the Pakistani government pockets that savings and they are not the only one with a budget issue. 

Reuters had a photo telling us “People on motorcycles wait for their turn to get petrol at a petrol station in Karachi, Pakistan, November 25, 2021” and that is one queue, Pakistan has them at nearly every gas station, some of these people live from gas tank to gas tank and now the Pakistani government could offer it slightly cheaper. Reuters also give us “As a long-standing Western ally and the arch-rival of neighbouring India, which historically is closer to Moscow, analysts say the crude deal would have been difficult for Pakistan to accept, but its financing needs are great.” And they would be right. The larger issue is not merely how the Pakistani situation is, it is what other nations are in a similar stage, because that matters. When nations can save up to 20% they will take the deal, there I little doubt in my mind and when you explode in anger, just realise that plenty of AMERICAN corporations are still doing business with Russia, I see the list all over LinkedIn with some repetition. There is a website (at https://dontfundwar.com/directory/) were we see hundreds still doing business in Russia. Companies with EU or American origins, as such we need to act locally before we can demand anything international and lets be clear. This is not on Saudi Arabia, no on Venezuela or any other oil producing nation. This is the consequence of a global economy and we better realise that the larger picture is not set in emotion, it is set on cold hard cash and cold needs of board directors and shareholders. The funniest was Credit Suisse (well it was until UBS took over) “Stop new business in Russia while meaningfully cutting exposure by 56%” so in a bank, what is ‘new business’? And in all this what is ‘exposure’? Doing it without a marketing spin, or is there more? 

We might not grasp all elements, we might not see all the elements in play. The list for example does not expose the transitional partners that work via Asia, or Africa as such the question becomes how much scaling back was in place? For one company to stop dealing with Russia and some old granny does it via Sun City for that player is that scaling back? 

The media is all quiet about a lot of it and you get to wonder why. I reckon until someone exposes certain links then they will casually mention it on page 23 of the newspaper to cover their own asses and sone distant link on their website will mention it, well after you repair the accidental broken link. There are many reasons why some act how they do, but the simple reason is money and the revenue they are measured against. A war that impacts global economy is a dirty one. They all ignored the larger impact of Yemen because there was no linked global economy, the same was the case for Syria. Now in the Ukraine it is different and we see all kinds of issues pop up.

Enjoy your discounted meal (and day).

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April 9, 2023 · 11:44

Presentations of what exactly?

That is where my mind is at today. This is not some setting of she said…she said. This is not one against the other, this is about what is real and what is mediated fake. There is a gap there that is as wide as the Grand Canyon, but the media is intent on making that gap seem like a little bump, something that can be discussed, even if they have made no headway in over two decades. 

To see this, we need to look at two sources. The first source is the Middle East monitor (at https://www.middleeastmonitor.com/20230408-cia-chief-visits-saudi-arabia-to-express-frustration-about-iran-rapprochement/) 

Source 1
Here we are given ‘CIA chief visits Saudi Arabia to express frustration about Iran rapprochement’ with the text “Burns told Saudi Crown Prince Mohammed bin Salman that the US felt “blindsided” by Riyadh’s rapprochement with Iran and Syria – Washington’s global rivals – according to the Wall Street Journal, citing sources familiar with the matter. It cited a US official who said Burns discussed cooperation on intelligence and counterterrorism with Saudi officials.”

This is followed by my personal view

“Bill Burns, in my personal view you achieved fuck all, in two decades Iran was able to push, your governments actions had no impact and over the last three years we saw Iran successfully smuggle weapons and gear to Houthi Terrorists. The media (with a little push) ignored the presentations of Colonel Turki Al-Maliki. Your organisation ignored facts, your organisation drowned voices and all for the good of the United States at the expense of everything. It is also a personal view that the CIA has been acting to achieve maximum destabilisation so that the USA had the big presentation to be the solution to everything Middle East based. How long did you think that you could continue that path?”

I believe now and have always been of the mind that Saudi Arabia needs to do what is best for its country and its citizens. On a side note ‘rapprochement’ means “an establishment or resumption of harmonious relations”, which is presently not the case and might take some time to get to that level. So as we are given “The United States and Saudi Arabia for decades have cooperated closely on counter-terrorism and other intelligence matters” I have a few other issues, it is my personal belief that the US merely wants to know everything that they can (which makes sense) and they are doing it at the cost of everything and anyone. In this we can point at the case of the alleged thief and alleged traitor Saad bin Khalid Al Jabri. So how are they working together whilst Saad bin Khalid Al Jabri controls a CIA portfolio of a lot of money. So how close is the USA working with Saudi Arabia? It is merely a question, but the numbers are starting to add up and now that Saudi Arabia has decided to lower the oil deliveries by a million barrels, the US economy is starting to hurt really bad in America. It will not be visible for at least 60-90 days, but by the summer the US will be in deep waters and they need a solution, their inactions are going to be the cause of their own downfall. 

Source 2
The second source is Reuters (at https://www.reuters.com/world/cias-burns-reaffirmed-intelligence-cooperation-saudi-arabia-visit-us-official-2023-04-06/) where we see ‘CIA’s Burns reaffirmed intelligence cooperation on Saudi Arabia visit – US official’ we get to see here “The United States and Saudi Arabia for decades have cooperated closely on counterterrorism and other intelligence matters” the rest could be seen as bland bla bla. 

The US is now in a larger stage of being pushed out of the Middle East. I made references to this for at least a year, first failed strategies, then the failed actions regarding Yemen and now the economy will falter. The options for the US are now falling away faster and faster and they did it to themselves.

Saudi Arabia must do what is best for its nation and its citizens and the events we saw in the last 5 years give rise to the fact that the USA is no longer the best option. And whilst we lay blame (not me), consider the actions of the last 5 years including the UN essay writer. Consider what WAS real and what might have been, and we were given what might have been too often and now that China has been successfully courting Saudi Arabia other issues will come. Iran is considering a new stage where it cannot fight Saudi Arabia AND Israel. It is therefor in a stage to make islamic choices towards Saudi Arabia and that allows for Iran to focus on Israel. It does not sound good for Houthi terrorists, but that is life. And now the US will lose a lot more than they counted on and the damage is getting worse, a lot worse. Their arms industry is losing grounds to China, which implies that that well is drying up faster than a saucer of water in the Rub’ Al Khali. What happens next is anyones guess but as I personally see it, the US policies have failed and now they need to rectify largely or be cast out of the region, on the upside, the US can still cater to Tel Aviv and whatever space they have.

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March 29, 2023 · 00:44

The snooze that does not wake

It started some time ago, but the recollection that The Conversation gave me was enough. I saw the message around 05:00, as such I needed some time to recollect the information. But we get to that in a moment. The Conversation (at https://theconversation.com/as-longterm-partnership-with-us-fades-saudi-arabia-seeks-to-diversify-its-diplomacy-and-recent-deals-with-china-iran-and-russia-fit-this-strategy-202211) gives us ‘Saudi Arabia seeks to diversify its diplomacy – and recent deals with China, Iran and Russia fit this strategy’ It sounds simple enough, but it is not. You see, the story gives more than one quote that is important. I prefer to focus on “Riyadh and other Gulf capitals as leaders began to question U.S. credibility as a reliable regional partner” that was the gemstone not the only one, but this one matters. You see, you cannot deny allies the needs they have and then make demands from them as an ally. Like cheap oil. Saudi Arabia wanted to grow its national defence systems and America said, well,  one part said yes and then congress said no, America said no. So now we take a small trip. A trip to ‘The Persian Gulf match’ (at https://lawlordtobe.com/2019/06/06/the-persian-gulf-match/) which I wrote on the 6th of June 2019, almost 4 years ago. There I wrote “The actions of the American US Congress have shown that what they regard as being an ally is not what an ally is; it is not even what a wannabe ally would consider to be. As such apart from your advancement in technology and infrastructure a much larger foundation for your national defence is seemingly essential in the immediate future. The shown delays that the European Union have shown to be regarding Iran, Turkey and terrorist organisations like Hezbollah give rise to the essential need of China to become part of that solution.” It was part of a concept letter addressed to the Saudi Royal family. I wrote this almost 4 years ago and now we see this coming to fruition. Saudi Arabia is on the verge of buying a renewal of military goods from China, not the EU and not the US, setting their coffers back close to 20 billion. And now the stakes are increasing.

This is seen when Reuters informs us that Saudi Arabia is agreeing to build a new petrochemical refinery in China. The stage is that the two refineries will be able to process over 500,000 barrels a day. The fine print is not known, but I am willing to make a serious bet that China will soon get its hands on 500,000 barrels a day extra and I feel certain that this will come off the allotted amount for the EU and the US. I warned several times of this danger between 2019 and 2023, look it up, it is done in clear print (at www.lawlordtobe.com). I did not see the refineries in that mix, but for some strange reason Crown Prince Mohammed bin Salman Al Saud will not tell me what goes on in the Kingdom of Saudi Arabia, what a surprise. But the larger stage is now taking shape. First the defence industry, then other enhancements and now the reduction of oil towards the west. That was the danger stage we all faced since 2019, and US congress and other Americans wanted to play egomaniac, they were the strength of the world. Guess what, you need money to pull that off and America only has debts, which now is about $30,000,000,000,000 and there is no way back. That stopped a year ago when America forfeited billions in revenue and that list is merely increasing. Now that China has a firm grip on opportunities all over the Middle East their goal is merely increasing. And I tried to warn people of this, I tried to warn the UK to step in or lose it all and as the Typhoon didn’t make the Saudi choice, I reckon they are missing out too.

The setting is “U.S. credibility as a reliable regional partner” that is what President Biden needs to resolve and he needs to resolve it now, any opposition from Congress and the problem merely grows and accelerates. That was what I saw in 2019, that is what is happening now. A stage clearly foreseen and ignored by the US windbags. To be honest I had hoped to serve Saudi Arabia in some capacity and optionally score 3.75% commission, which does not seem much, but over a billion it is still $37 million and if the work is for more than a billion, that bonus merely increases and assures me of a nice retirement parachute. 

So how long until that refinery is build? How long until we get hit by the small print that well over 500,000 barrels of oil a day will go to China? I honestly do not know, but I reckon that this news gets heralded when the refinery is around 95% complete. The timeline? I cannot tell, can you?

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February 20, 2023 · 01:43

The wrong wake up call

Yup that happens, but the way it was done was rather surprising. You see, I wrote about this situation and I did it reflecting on my own experiences. I reckon one of the clearest moments was August 2021 when I wrote ‘As credibility moves to the arctic’ (at https://lawlordtobe.com/2021/08/26/as-credibility-moves-to-the-arctic/) and the most recent was ‘The part we seem to forget’ where I wrote “The media is the bitch of shareholders, stakeholders and advertisers”. This is a stage I have mentioned since 2012, so I have been aware of this stage for 10 years. When it upsets the advertisers it is trivialised (Sony, 2012) and they are not alone. When it is a larger issues the media gets to meet with stakeholders who provide a narrative and that is how it is set, there is more with shareholders, but that is for another day. And now the BBC gives us ‘BFM journalist Rachid M’Barki suspended in scandal linked to disinformation firm’ (at https://www.bbc.com/news/world-europe-64677232) where we see “he admits to bypassing BFM’s editorial checks”, yes admitting to incompetence is the way to go, but here it is not enough. I reckon he stepped on the toes of the wrong stakeholder and he is hung out to dry. So when we are given “an investigation by Le Monde newspaper in conjunction with the campaigning organisation Forbidden Stories has revealed more details. According to the investigation, M’Barki ran reports on a variety of subjects – luxury yachts in Monaco, a Sudanese opposition leader, allegations of corruption in Qatar – that had all one thing in common: they were planted by an Israel-based outfit specialising in ‘news for hire’.” We have hundreds of news sources starting at Reuters, but these three gave enough to set the stage to an Israeli firm? I have questions and a lot of them. It is possible that a whole range over a time would give an optional narrative, yet the larger problem with the media is not merely copying one another, it is that there is no vetting of information and I am not talking about editorial checks. The need for news-by-wire is setting a stage where proper vetting of information is surpassed (as I personally see it). And this time around a man named Rachid M’Barki gets the joker served in a not so nice way, he is hung out to dry. Now it is simple to say that something is not possible. I say some things are too highly unlikely and there is a second stage, this is coming to the forefront all whilst these connected stakeholders are massively shy of the limelight. Their value is not being seen. This is why some people have lunch meetings with stakeholders and often in a neutral place. Please do not take my word for this, seek out your own evidence. I woke up when I saw Australian news ignore events surrounding Sony in 2012, a mere week before the PS4 was launched and they ALL ignored it, Sony advertisement money was too powerful, too incentive for words, as such the fact that 30 million gamers were exposed to changes was ignored by pretty much all of them. From that moment on I started to track certain events and the media did not disappoint, they dropped the ball time after time and I started to see patterns (as I would call them)  digital patterns all about the money and infused by below quality reporting as I saw it. I made several mentions from 2012, but the load started to become heavy from 2019 onwards. And now the BBC gives us another wake up call, but it is one they might not want to make, because we are given the guilt of Rachid M’Barki butt that also opens up the an of worms that we get to see with most of the media and that includes BBC, the Guardian, NY Times and a few other players. As I personally see it, all media has its own stakeholders and we are denied the news, we are merely handed filtered information. Information filtered to the needs of share holders, stake holders and advertisers. That is how I personally see it.

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February 11, 2023 · 19:17

History, repetition mode

This is a little harder to write about. It actually started in 2017 when I wrote ‘The finality of French freedom’, the story (at https://lawlordtobe.com/2017/03/17/the-finality-of-french-freedom/) makes a few accusations as I personally saw them. We got some kind of a warped excuse towards ‘we made a mistake’ a year later, but I reported it as I saw it, fear mongering by the IMF. Yes, all those people filling their pockets on the Credit Card of the United Kingdom were missing out on exquisite lunches. This was (as I personally saw it) starting to happen again on February 1st when I wrote ‘Insecure Masturbation Fraternisers (IMF)’ (at https://lawlordtobe.com/2023/02/01/insecure-masturbation-fraternisers-imf/), there we were given via the BBC (no allegations towards them), that the ‘UK expected to be only major economy to shrink in 2023’, ‘expected’ and ‘major’ being key elements there. Now we see “53% of business leaders in France said they expect a recession in 2023”, it is important to note that this does not make that true. All this whilst Reuters reports ‘Meloni: Italy could be in recession in 2023, faces tough times’, here too we see ‘could’ and that is important, but that gives us that there is a case that the IMF is nothing more than a stupid political tool, fear mongering yet again. So we return to the January 31st BBC story where we see “The IMF said the economy will contract by 0.6% in 2023, rather than grow slightly as previously predicted”, now it is time to look at the story now 17 hours old. Here we see (at https://www.bbc.com/news/business-64584295) ‘UK economy avoids recession but not out of woods – Hunt’, where we are given “the ONS revised up its figures for the July to September quarter, to show that the economy shrank by 0.2% instead of the previous estimate of a 0.3% fall”, as well as “some think the UK will avoid a technical recession completely”, as such I also admit that what some admit does not constitute evidence. Yet the fact that the IMF (yet again) makes an error of 0.6% which amounts to almost 23 billion. It is hard to put a number on anything and the flaw seems small, but the 0.6% seems more dangerous than that. The problem is, who is right. One cannot be regarded as wrong because of the negativity, the other cannot be regarded as wrong because of the lessened negative setting. But I can tell you this. The EU credit card is tapped out, the only way to get a handhold on that is by adding the UK back to it, there is no care on how the UK does, it is that if the UK rejoins the EU (after all that bullying) that the EU credit card is back in business and that (especially after the Mario Draghi fiasco’s) should not be allowed. I always stated that things would get worse before they get better and when they get better it becomes a lot better in a hurry, there aren’t 21 countries dragging the UK economy down, as well as their budgets. 

There is a much larger field and serious questions might have to be asked about the seeming incompetent acts of the IMF. I would state that a player like the BBC needs to clearly show sources regarding some of their reports, but I get that this might not be possible, yet the time for questions grow ever larger, especially after I showed issues on at least three events. In the end it might be me, but I was right the first time, I have questions the second time and we need to ask questions, especially when the Bremain bullies are out in force and there are indications (not evidence)  that the IMF is aiding them. But that is merely my point of view on the matter.

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December 18, 2022 · 12:21

The unsettling realisation

There is a stage we all see, it is not the same for all. We see it, but the words do not completely come, there is a sort of disjointment between what we see, what we perceive and what we think is right. It was all over the field when it came to blow in my mind with a Reuters article. Weirdly enough they gave the pieces, the missing pieces to form the new image, an image I did relate to and as such the article becomes a reality.

The article in question is the article (at https://www.reuters.com/technology/elon-musks-twitter-suspension-journalists-draws-global-backlash-2022-12-16/) giving us ‘Elon Musk restores Twitter accounts of journalists but concerns persist’, you see, the elements start with “The reinstatements came after the unprecedented suspensions evoked stinging criticism from government officials, advocacy groups and journalism organisations from several parts of the globe on Friday, with some saying the microblogging platform was jeopardising press freedom” My initial response is that if these idiots did their job, their proper jobs, their credibility would not be on level -23. They did this to themselves. 

When you whore for digital dollars there in a consequence. In addition players like the NY Times print not properly vetted information (see one of my previous articles on the subject). The press does not bring freedom. It brings us filtered information. Information that is approved by share holders, stake holders and advertisers. So stop talking about the freedom of the press. Start doing your bloody jobs or become Uber drivers, they have a shortage at present. So when we get “A Reuters check showed the suspended accounts, which included journalists from the New York Times, CNN and the Washington Post, have been reinstated.” We do not get a clear picture on why certain issues happened, in case of the NY Times I could speculate but this is larger. These people REFUSED to do their jobs when there was time to openly ask Jack Dorsey for answers, there was time to give a clear response towards a stage where a company was overvalued by close to 100%, but you did not do ANYTHING, did you? 

And for the man blocking Elon Musk with a facial covering with license plate CJ82G38? Did you do anything, did you report on who the man was, was the car stolen, was there anything? No, you merely try to collect on digital dollars, didn’t you? 

In that same setting there is an issue with “The German Foreign Office warned Twitter that the ministry had a problem with moves that jeopardised press freedom.” We get that, but when the press isn’t taking its ‘responsibilities’ serious, should we give them any consideration? And with that we get the second part that rubbed ME the wrong way. It was “Melissa Fleming, head of communications for the United Nations, tweeted she was “deeply disturbed” by the suspensions and that “media freedom is not a toy.”” Well, see what pot is calling the kettle black. The UN made its own bed with stupid settings regarding Jeff Bezos (an anti-Saudi stage) and a few others. If the United Nations actually get things done and focussed on areas like Syria and Yemen and got communications on Houthi terrorist events started the people might get informed at some point. For example the Middle East Monitor gives us “The US Special Envoy for Yemen, Tim Lenderking, said on Wednesday that the Houthis’ “maximalist demands” had hindered UN efforts to renew a six-month truce in the country that ended in October.” As such, these so called ‘culled’ papers. How much did they expose to the public of this? I think that Miss Fleming has other problems and making sure that the Press covers the actual news might be a clear first. It comes with the stage where she claims that media freedom is not a toy and it applies to the media just as much, in case she forgot.

So, I got that off my chest. You see, I cannot see if Elon Musk is guilty of anything at all, because we keep on getting one sided news from the media and they have no credibility left (as I personally see it). 

I will let you consider who is correct and consider what you are shown, and what is trivialised by the media.

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December 6, 2022 · 16:06

The other white paper

Yes, there are always white papers, but which one is true? You see, they are all true, they are all a point of view. Yet the truth from a point of view is relative, that has always been the case. This is why we have peer criticism for academic papers. Yet that is not the case for the media, they are all fighting to remain around with some feigned form of value. This has been the case for over a decade and now the BBC gives us (at https://www.bbc.co.uk/news/technology-63869013) ‘Meta threatens to remove US news content if new law passes’, you see the truth of the matter is that the people no longer need the news, the news is no longer if value. It started when the media starting soliciting (aka whoring) for digital dollars. Flamed bring revenue, actual news not so much. The events surrounding Elon Musk, the abstinence around Jack Dorsey and a dozen other cases made it so. The newspapers are irrelevant and they know it, so in a last gesture to remain not completely irrelevant they rely on laws to force funds from social media. Even as the shared instances from places like the Australian link to paywalls, they are all about ‘lost revenue’ And the Australian is not alone, loads of American newspapers and media (like Forbes) do EXACTLY the same thing. They will tell you the scoop AFTER you pay, so how is that lost revenue? Not all papers are like that, but many are and now we get “It would give publishers and broadcasters greater powers to collectively bargain with social media companies for a larger share of ad revenue”, I believe this is to be a false setting and Meta gives it to you in the form of “Meta claims their platform, in fact, provides increased traffic to struggling news outlets.” They are correct. Consider the truth, it I simple, how many times did you go to the news site? How many times was this because THEY shared news on social media? This has been the case for a decade and now that Meta is taking off the gloves, we see how irrelevant the media has become. In the last year alone I highlighted close to a dozen cases of incompetency and a lack of information vetting by the media, so why should they get paid for shortcomings? It is almost like the decapitated chicken.  It’s running around, but it is already dead, the rest of its body did not figure it out yet. Is it fair? Does it matter? No, the media had the option to evolve, it merely decided that is was cheaper and more profitable to hang onto someone else’s coattails. It did not work out well for them and now they cry foul, almost like the yellow pages. Their era died and they just never adjusted in time and I am adding to the pain as my 5G seemingly goes to China. Setting a new stage in several ways and taking advertisement power away from all and leave it where it should have been all along, with the advertising people. With the locations of advertising and that is the lesson that they never picked up on, and it is not their fault. A place like Google missed it too and I mentioned it at least twice this year. 

A stage that is moving away from them faster and faster and if Meta makes the move it is threatening to a lot of players in the media world will be done for. Such is life, Media Erectus is getting eaten before passing on its whinges. So do not focus on the whinge, consider the place technology had for almost 2 decades and see where the media is not, and they have not been where they needed to be for almost a decade and now that they are about to become irrelevant they cry laws. Bu the way these same people never championed law changes to the environment, law changes to taxation and they simply went for the emotional targets, it had more expected digital dollars, so where are these dollars now? 

And when we see “Media companies argue that Meta generates huge sums of money from news articles shared on the platform.” So where is THAT evidence? Meta generates advertisement towards people through free accounts, and this gets me to (at https://www.youtube.com/watch?v=n2H8wx1aBiQ) the congress statement April 2018 where the answer is ‘We run ads’ a setting that was in place for well over a decade. The news was never an element and as such the media better be quick with presenting ACTUAL evidence in that case.

When I see how irrelevant the media and Microsoft have become and I see them cry like little chihuahua’s all whilst they screw up options left right and centre, what the actual F*** (censored word) the world around them is doing protecting something this irrelevant is beyond me, it actually is.

We can debate things but look at the numbers. the Paris based World Association of Newspapers, which represents 18,000 newspapers gives us that there are a lot more. The world has 8,000,000,000 people, which implies that there is an average of 445,000 people per newspaper. When you start doing the math, you will see that the numbers o not add up. The newspapers that are still relevant are so as they have well over 2 million subscriptions. The Washington Post has 3 million, and The Wall Street Journal 2.4 million subscriptions. The Dutch Telegraaf had in 2001 807,000 subscriptions, in 2017 it was only 393,000. The larger national newspapers are losing ground and now we see the larger play. There are 195 countries in the world. So why are there 18,000 newspapers? They nearly all rely on Reuters, making at least 17,000 irrelevant already. But these are the numbers no one looks at, and they are all vying for advertisements. Look at ANY newspaper and look how many advertisements they have and how much they charge and you will see their actual loss. They are no longer a relevant advertisement group, digital media replaced them, they lost relevancy by allowing to become a family of 18,000 brothers and sisters and that is before you see the rest of the media relying on advertisement sales to qualify their existence. But no one looks at that side are they?

The other white paper that no one gets to see is the one no one in media wants to look at, it merely shows how irrelevant they have become.  

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