March 15, 2022 - Human Events Daily - Jack Posobiec
25:10
MAR 15 2022 - WAR IN UKRAINE - DAY 20 UPDATE
A newly released report from the Institute for the Study of War (ISW) reveals that Russian forces have gained territory in Luhansk Oblast, but have failed to make additional progress in Kiev. With a world economy desperate for cheaper oil, India considers buying Russian crude at discounted rates; while, the United States looks to ease sanctions on Venezuela. Meanwhile the Eurasian Economic Union (EEU) and China have reportedly developed a draft international financial system, and China sees a...
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You go to patriotmobile.com slash POSO. Again, patriotmobile.com slash POSO. Ladies and gentlemen, welcome aboard today's edition of Turning Point USA Human Events Daily.
Today's top stories.
First, a ground update in Ukraine as the war there enters day 20.
Believe it or not, we are almost three weeks into this thing.
Next, an update.
What's going on in the oil markets?
What's going on abroad from India to Venezuela and Iran?
Of course, we're going to talk about this deal where the talks are.
Third.
The EEU and China are talking about developing a draft international financial system as a parallel to the SWIFT system.
No one else is talking about this.
We'll give you the information.
And finally, China is imposing new lockdowns amid a COVID surge in southern China to include Shenzhen and Hong Kong.
All this is more Hedge Human Events Daily.
What's the end game?
Ms.
Well, the endgame is really a question for President Putin.
We have completely crushed his economy.
We have provided military assistance, humanitarian assistance to the Ukrainians, enabling them to fight back for far longer than the Russian leadership anticipated.
And, again, he has to determine what the path forward looks like for him.
Thanks, everyone.
The war in Ukraine, day 20 update.
What's going on on the ground?
What is ground truth?
We'll give this to you again.
This comes from the Institute for the Study of War.
The encirclement of Kiev is nearing completion.
We're also seeing now videos of the Chechens led by Ramzan Kadyrov.
They are headed as well into there, as well as elements of the Wagner Group.
Which is essentially Russia's Blackwater, their private military contractors, the mercenary group that works directly for the state.
From ISW, Russian forces conducted limited attacks northwest of Kiev.
They attempted to bridge the European River.
They did not conduct defensive operations east of Kiev and continue to prioritize improving logistics and reinforcing combat units.
They're strengthening their lines as the encirclement continues, and they're really putting Kiev into this siege type of situation.
The continued ability of Ukrainian forces to carry out counterattacks around Kharkiv indicates that Russian forces are unlikely to successfully bypass the city from the south.
So it looks like Russian forces are still fighting within that city of Kharkiv.
Russian and proktyom forces continue to achieve territorial gains in Donetsk Oblast after the initial week.
Ukrainian forces also halted resumed Russian attacks from Khrushchev towards Nikolaev and Kriviri on March 14th.
Russia will likely deploy small units of Syrian fighters to Ukraine within the week, as confirmed to have deployed, as I mentioned before, the private military forces.
A lot of these Syrian fighters, by the way, that have been agreeing to Ukraine to fight for Russia, they're actually Christian fighters that are coming up to support because they are pledging support for Russia in response and as essentially a way to pay them back.
for helping them to defeat ISIS and fight al-Qaeda out of their lands in Idlib, in places like Aleppo in Syria.
And so there's a lot of very complicated issues there.
In fact, I was actually just watching the news this morning You know, scrolling through Telegram channels.
When I say watching the news, you know, I do it a little bit differently than my dad does.
You know, I'm looking at Telegram.
I'm looking at what's going on in language.
We're going to various Twitter lists that I have built out.
And there was a huge rally that was actually held right in downtown Damascus For a pro-Russia, pro-Syria rally that was held, lots of flags, pictures of Assad, pictures of Putin.
So people need to understand that this is not seen as unpopular in some parts of the world, and there are people that want to come in.
Why?
Because this administration and this president, and a long succession of these presidents, neoliberals and neoconservatives, They've united the world, in a sense.
They've united the world against the United States.
They've united the world against us.
They did promise to unite the world.
But they're doing so in a way where we're the bad guy.
We are, quote unquote, the evil empire in their eyes.
And they're the ones who are picking away now at the scraps.
They are the ones that see us as overextended.
They see us as heavily in debt.
They see us as weak, certainly with this president at the helm.
They see us as weak.
That's why you're seeing places like Iran kick off right now.
That's why we're seeing these massive cyber attacks on Israel.
The attack on what we're told was next to the U.S. consulate in Erbil in northern Iraq from northern area of Fatah 110 ballistic missiles out of Iran.
Understand we're in a very dangerous time right now in our country.
And there was this narrative that was being pushed by US officials saying that Russia needed military equipment from China, yet China and Russia both denied this thing.
So believe it when I see it.
Like anything else that comes out of Ukraine, guys, I always say, give it the 24-hour rule.
But understand, The situation for Ukraine and the government there is very dire.
Zelensky and everybody else need to start to realize that the best way out of this is a diplomatic solution.
Come to terms, immediate ceasefire, and certainly, by the way, as Tulsi Gabbard has stated, let's get a ceasefire around these bio-research facilities, laboratories, whatever you want to call them.
I don't want to make semantic arguments.
But let's get a ceasefire around them, bring in international investigators, and clean up whatever is there on the ground and keep people safe.
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Promo code POSO20. So as I've said before, a lot of this comes down to energy politics and pipeline politics.
What is going on in the world markets for energy?
Now, you may have noticed there were a few headlines out there that the price of oil was actually dropping yesterday.
Why did this happen?
Why did this occur?
We'll explain.
The price of oil is based predominantly on the futures market.
There's a lot more that goes into it than that, obviously.
But what we're seeing right now isn't so much what the price of a barrel costs today in terms of the actual expenses of getting it out of the ground, getting it to market, shipping it, processing it, et cetera, et cetera.
No, no, no.
It's based on what people in the market, speculators, think it will be six months from now, eight months from now, 10 months from now, a year from now.
Well, one of those speculations just came out yesterday because there's news of a report now, we talked about this last week, about the Biden administration sending a team down to Caracas, Venezuela, to go talk to the gangsters of Caracas, the Maduro regime.
And what does it say?
And from Zero Hedge, we got the article.
Oil drops on report that Chevron, of course, owned by Venezuela, to start trading Venezuelan oil and that the U.S. will relax sanctions.
Oil, which tumbled below $100 amid speculation that a Ukrainian ceasefire is imminent, even though it may not be, and that Chinese oil demand will collapse due to the Shenzhen lockdown, yet prominent.
Not again.
Dropped over a dollar moments ago when Reuters reported that a new source of oil may be about to emerge.
Venezuela, which, like Russia, is currently sanctioned by the United States, but may not be for long.
According to Reuters, who cited three people familiar with the situation, Chevron is preparing to take operational control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost crude supplies after banning Russian oil imports.
The United States oil major has begun assembling a trading team to market oil from Venezuela as a first step.
And if U.S. approvals are received, Chevron aims to expand its role to the four joint ventures it shares with the state-run company PDVSA.
The Biden administration, which is desperate to procure oil from any source, even Venezuela, if it means lower gas prices, has said that any new authorizations will depend on Maduro taking further political steps, such as releasing more jail to Americans, setting a firm date for negotiations, etc., etc.
While the date has not been set for any authorization, Chevron has begun preparations for employees to get Venezuelan visas in Aruba, ready to head to Caracas if the U.S. Treasury eases the restrictions.
So these are the types of moves that you would expect to see if Venezuela is going to come back online for gas.
That doesn't necessarily mean that the oil will be shipped to the United States and, And Jen Psaki was saying that's probably not being talked about right now.
I wouldn't be so sure about that.
But it's also very similar to what they're trying to do with the Iran deal is they're trying to get more oil to the market from foreign countries.
Why from foreign countries?
Because they don't want the United States to be energy independent.
Understand, That energy independence is the opposite of the petrodollar system.
For the petrodollar system to work, oil and gas need to be traded on the global market using the U.S. dollar as the reserve currency, using the U.S. dollar as your token of barter, your token of trade.
As long as those transactions are being done in the U.S. dollar, there will always be a demand internationally for the U.S. dollar, and that will keep the value of the dollar up.
Therefore, you can't have one or the other.
You either have a strong US dollar because of the system that we've set up, or you can have a strong energy independence.
They're actually in tension with one another.
And that's something that I think a lot of people don't quite understand, that we have this financial system That is completely at odds with U.S. energy independence.
We talked about this a little bit last week, but the way to understand it is, yes, the U.S. dollar is no longer backed by gold, but in many ways, even though it's not direct and certainly not stated, the U.S. dollar is backed by oil as long as foreign transactions are being made in U.S. dollars.
Of course, nobody explains this to you.
Nobody ever tells you that's how the system works.
But since we're talking about oil and we're talking about the energy markets and how this is so important, A new deal also might be signed between Russia and India.
Today the West is trying to chastise the world's largest democracy, India, and sermonizing that this is the stand India should take and that is the stand India should take.
And I'd like to tell you we have taken a stand.
We are not going to fight a battle with Russia.
That is a Western creation.
This is a creation of the West.
We are abstaining.
We did not cause this war, Sean.
We did not cause this war.
And we will look out for ourselves.
Now, India, of course, has been doing their best to balance out the situation.
Remember, India is a major trading ally of Russia, right?
Again, they're also part of this Eurasian landmass, right?
That's that's your southern Asia.
So India's major adversary is China.
However, China and Russia are partners on many, many things.
So what's Russia trying to do?
They're trying to balance out India and China.
Russia also knows that if they want to keep China at bay, a strong India is a great way to do that.
So India is considering, as from thehill.com, considering a Russian offer to buy crude and other commodities at discount prices a week after the U.S. banned all Russian energy imports.
India is the world's third largest oil consumer importer of one of the few countries not to condemn Moscow's invasion of Ukraine.
Currently imports 80% of its oil, but only about 2-3% from Russia.
Understand, ladies and gentlemen, the parallel economy is being built, and it's being built around the United States and without it.
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Now, going into this next story, nobody is going to be talking about this one today.
We're going to talk about it.
The EU and China are working together to draft an independent monetary and financial system.
And it's amazing because the only place that, and I actually, the team spent all last night trying to dig in this story, we only were able to find sources on it out of Kazakhstan.
Kazakhstan, of course, is part of the EU, this Eurasian Economic Union.
I think we're good to go.
I think we're good to go.
One of the end-game goals, one of the end goals for the war in Ukraine is probably that Russia will argue that Ukraine should be part of this EEU. And so I want you guys to understand, we're not just going to give you the information of what's happening on the ground today.
We're going to talk to you about what's going to happen in three weeks.
We're going to talk to you about what's going to happen in three months, perhaps even in three years.
The Eurasian Economic Union and China are working together to develop a draft of an independent international monetary and financial system.
The Eurasian Economic Commission reported that the system will presumably be based on a new international currency, which will be taken as an index of the national currencies of the member countries and the prices of exchange traded commodities.
The first step is expected to be presented for discussion by the end of March.
This is coming up very, very fast.
Let's see.
Sergey Gazelayev says, who is the minister in charge of integration and macroeconomics, stated that given the common challenges and risks associated with the global economic slowdown and the restrictive measures against the EEU and Chinese states, our country should step up practical cooperation both at the level of regular export dialogues and in form of joint measures and projects.
Understand where this is going.
Understand how to put your financial well-being ahead of all of this.
That's where we're going with this.
You have to have your family set up right.
We have to have our country set up right.
They are taking steps to integrate, whether you want to call it the Global South, whether you want to call it the East, right?
They're creating a parallel economy, and it is now being backstopped and underwritten completely by China.
And Russia wants to bring Ukraine along with them into this new, you can't really call it a global order, because it certainly is international, but it's not global because it is separate from The Davos, London, Wall Street, Washington DC axis.
This is a new power structure, a new global financial market that they're setting up outside of the SWIFT system.
So One Belt, One Road, the Belt and Road Initiative, the BRICS nations, Brazil, Russia.
India, China, South Africa.
They have been talking about this for years.
And understand, by the way, and we talked about it yesterday, the role of central bank, digital currency, and crypto is going to play in all of this.
They have commodities.
We need to be smart and start developing our own commodities and our own resources if we are going to play in this new world.
Because that's the problem with all of this.
These other countries, all these people, Xi, Putin, the rest of them, they play to win.
Us, all we do is play.
Folks, you need to understand what point in the movie you are in.
Throughout the more than two years of fighting the epidemic, the Hong Kong SAR government has put in all the necessary resources and efforts in order to keep Hong Kong people safe.
And we did achieve that objective of keeping Hong Kong people safe until we were hard hit by the fifth wave, arisen from a highly transmissible Omicron.
The most saddening part of it is vaccination.
We have spent over one year to promote, to encourage, to coerce people to take the jab.
But unfortunately, the entire society, partly because of the low infection rate in the last year or so, and partly because of anxiety and worries and so on, that we have not achieved this high rate of vaccination, especially amongst the elderly.
Particularly amongst elderly in elderly homes.
Well, down in Hong Kong and Shenzhen and other parts of southern China, the Pearl River Delta, massive lockdowns, restrictions are going in place because a new wave of COVID is sweeping through there.
That's kind of interesting because I thought that COVID had pretty much been over.
We also know that in Hong Kong and some of these areas, That it wasn't as strong as earlier reported, at least back in 2020, or at least in terms of what the CCP was willing to tell us.
We've got this out of, you could see it, ABC, NBC, they've all got it, right?
China's facing its worst COVID crisis since early 2020, when the world first witnessed entire population lockdown in Wuhan, surrounding provinces.
Two years on, it's now sending tens of millions of people into lockdown in the entire, as well as the northeastern province of Jilin, In the southern cities of Shenzhen and Dongguan, with 17.5 million and 10 million respectively.
You're talking about 15 billion plus people.
Also in Hong Kong, we've got out of the Hong Kong Free Press, Hong Kong's COVID-19 death toll exceeds Wuhan's as mainland Chinese medics to arrive on Monday.
In a press briefing, we just heard from Chief Executive Carrie Lam, her administration put in all necessary resources to keep the population safe and is blaming, of course, the low vaccination rate.
So what is actually going on in Hong Kong?
What's going on on the ground there?
Is this a new variant or is this something else that's going on?
Now obviously the CCP are the people who from the very start didn't tell us the truth about what was going on in Wuhan.
That's number one.
Number two, They told us that those gain-of-function experiments that were going on in the Wuhan lab were being done so that we would have a potential preset strategy to be able to deal with any of these things that broke out.
Yet it broke out in Wuhan.
Now it's breaking out in Hong Kong.
It's streaking and burning across Shenzhen, Jilin, Dongguan, City after city is being struck down.
You've got millions of Chinese people now, the Laobaijing of China, that are directly affected by this, by the feckless leadership that doesn't care about the little people, that doesn't care about the people that are caught up in all of this.
Whether it be these bio labs that we're talking about here in China, bio labs in other places, you have this shady research going on, and then it ends up with people getting hurt on the back end.
And when they get hurt, you've got nothing for them.
So we have to understand what's happening in Hong Kong.
We have to understand what's happening in Shenzhen.
This is one of the most heavily populated and densely populated areas of the entire world.
And that is all the time we have today for Human Events Daily.
Remember, our oath, our promise, our solemn vow to you.
Be good, be brief, be gone.
What did we talk about today?
We gave you the update, day 20, what's happening on the ground, the encirclement of Kiev and other cities.
Next, we talked about all of the happenings and machinations of the global oil market and this new parallel economy that's being built Between the Eurasian nations, India, China, and elsewhere.
And then finally, we talked about these new lockdowns and restrictions going on across southern China, northeast China, and in Hong Kong.
But before we go, it's time for today's history break.
Today, of course, March 15th, the assassination of Julius Caesar, the Ides of March.
You know, I've seen people saying, hey, let's go assassinate Putin.
