Thursday, May 19, 2022

Shakespeare warned of tears and hoisting.

"US Secretary of State Antony Blinken accused Russia on Thursday of weaponizing food and holding grains for millions of people around the world hostage" because, "the war has halted maritime trade in large areas of the Black Sea and made the region unsafe for navigation, trapping Ukrainian agricultural exports and jeopardizing global food supplies," TOI. No crocodile has ever cried such copious tears in the history of the world. The US was the nation that organized a gigantic plunder of Iraq's oil through "Oil for Food Program" resulting in famine and deaths of a large number of innocent civilians, merip.org. Then Secretary of State Madeleine Albright in Bill Clinton's (a Democrat) administration calmly said that the deaths of over 500,000 children in Iraq was, "I think this is a very hard choice, but the price - we think the price is worth it," FAIR. In a repeat of the abominable Oil for Food Program, "The West has responded to Russia's invasion of Ukraine with round after round of punishing sanctions," CNN. "We will provoke the collapse of the Russian economy," French Finance Minister Bruno Le Maire said. To stop Russia from any sort of trade its banks have been expelled from the Swift system of international money transfer, BBC. If the Western hearts are bleeding for the poor of the world they have to ensure that Russia is paid for its exports. "Russia can offer 25 million tonnes of grain for export via the port of Novorossiysk starting from August 1 and until the end of this year, Russian Permanent Representative to the UN Vasily Nebenzya said," ET. "But, if you have no intention to withdraw your sanctions, imposed on your own initiative, then why do you accuse us? Why do the poorest nations and regions have to suffer because of your irresponsible geopolitical games?" Absolutely. But, maybe the crocodiles are not really crying for the poor, they are crying for themselves. Russia doesn't export just food grains. "Although ranked third among oil producing nations, the IEA says that, in terms of all oil products, Russia is the world's largest exporter to global markets and the second- largest crude oil exporter after Saudi Arabia," weforum. Russia is the world's largest exporter of fertilizers without which food production will fall throughout the world, Reuters. Petrol prices in the US have hit $4 per gallon, which would be about Rs 81.58 per liter, in all states of the US for the first time, yahoo. And, "The Consumer Price Index increased 8.5 percent for the year ended March 2022," US Bureau of Labor Statistics. The situation in the UK is much worse. "UK inflation, the rate at which prices rise, jumped to 9% in the 12 months to April, up from 7% in March," BBC. The Bank of England Governor Andrew Bailey said he felt "helpless", asked people not to ask for salary hikes, and the Bank predicted that inflation could rise to 10% by the end of the year, BBC. Home Secretary Priti Patel was told by the police, angry over poor pay, "that some officers are resorting to using food banks", DM. The crocodiles seem to be hoisting themselves with their own petard, wikipedia. Should have read Hamlet before they started sanctions.

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