Netizen: 1: Russia

Stocks dive as job numbers disappoint and tariff ‘panic’ sets in The Dow Jones Industrial Average tumbled 770 points (-1.74%) as of 10:00 a.m. ET. The Nasdaq Index was off 544 points (-2.6%) and the S&P fell 122 points (-1.9%). ........ Amidst all this, Trump resumed his public criticisms of Fed chair Jerome Powell, seemingly encouraging the Fed Board to launch a coup. “Jerome ‘Too Late’ Powell, a stubborn MORON, must substantially lower interest rates, NOW,” Trump wrote. “IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!”

In a First, Arab Nations Want Hamas to Disarm
Is Trump's tariffs plan working? Donald Trump has announced fresh tariffs on more than 90 countries, as his deadline to strike trade deals passed this morning. ....... The US president signed an executive order imposing tariffs ranging from 10% to 41% on imports from dozens of trade partners, the latest development in the tumultuous tariff tactics he first announced in April. ....... Prices rose after the spring tariffs and "overall" import prices have risen about 3% since March. Automakers, airlines and consumer goods importers have taken the "worst hit", while levies on aluminium and electronics, such as semiconductors, prompted "increased costs" in the tech sector ....... early evidence suggests that tariffs have "failed to inspire a hiring boom", and the "chaotic policy roll-out" is actually contributing to what one manufacturing executive called a "hellacious" landscape. ........ Politically, though, the tariffs are "taming China", said The Spectator. "Trump's madman tactic makes everyone crazy", but it has "frightened the world away" from reliance on a "frequently malevolent Chinese superpower". ............

His "gangsterism" towards the EU is working too, said The New Statesman. Allowing the threat of "withdrawal of all support" for Ukraine to "hover above" economic negotiations with the bloc has been "terribly effective", as shown by the "bizarre deal" the EU announced, under which "European concessions were seemingly exchanged for… more European concessions". If Trump can "extract significant tribute" from "wealthy" Europe in a way past presidents couldn't, "why should Americans vote for anyone else"?

......... The "elephant in the room" is inflation and new data suggests that tariff charges are now "making their way down" supply chains stateside, where American consumers will feel the "squeeze".
If "inflation takes off", Trump may have no choice but to "back down".

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— Paramendra Kumar Bhagat (@paramendra) August 1, 2025

Donald Trump's economy stung as jobs report falls way below expectations
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How Moscow might respond if Trump stops Russian oil to India U.S. President Donald Trump's demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major U.S.-led oil pipeline and potentially lead to a new global supply crisis. ........ India, the world's third largest oil importer, has become the biggest buyer of Russian oil since 2022, purchasing up to 2 million barrels per day of oil accounting for 2% of global supply. Other top buyers are China and Turkey. .......... The Indian route is so important for the Kremlin that if disrupted it could prompt it to retaliate by closing the CPC pipeline from Kazakhstan, where U.S. oil majors Chevron and Exxon hold big stakes, analysts at JP Morgan said this week........ "Russia is not without leverage," the U.S. bank said. ....... Trump has threatened to slap tariffs of up to 100% on countries that buy Russian oil unless Moscow reaches a peace deal with Ukraine by August 7-9. A 25% tariff on all U.S. goods imports from India starts on Friday. ......... Reuters reported on Thursday that Indian state refineries had paused purchases of Russian oil this week amid Trump's threats. ........... India only began buying large quantities of oil from Russia, the world's second largest oil exporter, since 2022. It became a top importer after Europe, Russia's former top client, imposed a ban on Russian oil over its military actions in Ukraine. Russia's oil giant Rosneft has a major stake in one of India's biggest oil refineries. ............... India is now 35% reliant on Russian oil imports worth $50.2 billion in the 2024-25 fiscal year, according to India's government data. ....... "Cutting off this flow would require a massive realignment of trade flows," said Aldo Spanjer from BNP Paribas, adding that the global supply was already stretched. ....... India buys all varieties and grades of Russian oil - including Urals from Western ports, ESPO and Sokol from the Pacific and some grades from the Arctic, according to LSEG data. ....... Urals would be hit hardest if India stops buying as it purchases up to 70% of Russia's biggest export grade by volume. India's oil minister said the country can find alternative supply. ....... India would need to raise imports of U.S. and Middle Eastern crude or cut refining runs, leading to a spike in diesel prices, especially in Europe, which imports fuel from India. ......... "Indian refiners will still struggle to replace the heavy quality of Russian crude so they may end up paring runs," said Neil Crosby from Sparta Commodities........... Russian firms will need to store oil on tankers if India stops buying, paying extra money for shipping charges and being forced to offer wide discounts to new buyers ......... Russia could potentially divert some 0.8 million bpd of oil to Egypt, Malaysia, Pakistan, Peru, Brunei, South Africa and Indonesia ......... Moscow could also disrupt the CPC pipeline to make sure the West feels the pain from higher oil prices. Western oil firms Exxon, Chevron, Shell, ENI and TotalEnergies ship up to 1 million bpd via CPC, which has total capacity of 1.7 million bpd. ............. "If we get a visible and substantial difficulty in clearing Russian crude and Putin shuts off CPC, oil prices might get well over $80 per barrel, possibly a lot more," said Crosby. .......

The CPC pipeline crosses Russian territory

and the consortium has clashed with Moscow, which ordered it to suspend operations for several days in 2022 and 2025 citing environmental and tanker regulations....... A combined stoppage of CPC and Russian flows to India would create a disruption of 3.5 million bpd or 3.5% of global supply. ............... "The Trump administration, like its predecessors, will likely find sanctioning the world’s second-largest oil exporter unfeasible without spiking oil prices," JP Morgan said.

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Trump trade wins leave voters, businesses wanting more Recent polls show the president’s job approval rating slipping to the lowest point of his second term and his tariff policy only satisfying about 36 percent of those surveyed ....... there is anxiety among the public that Trump’s tariffs on goods will ultimately be passed down from company to consumer. ......... consumers are still nervous about the end result of Trump’s trade battles ....... “They’re not genuine trade agreements of the traditional sort, which are voluntary in nature — countries negotiate, agree, sign, and then ratify” ......... “These are handshake agreements at the point of a gun, and I don’t see that as a particularly durable way to think about trade policy. So, we’ll see how that plays out.” .........

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pic.twitter.com/jqY6bSCkK0
— Rapid Response 47 (@RapidResponse47) August 1, 2025

A second mass grave of Irish immigrant railroad workers has been uncovered in Pennsylvania – victims of cholera, violence, and anti-immigrant hate in 1832.

Their story is finally being unearthed. https://t.co/utk4vHtHyy
By William E. Watson, Immaculata University
— The Conversation U.S. (@ConversationUS) August 1, 2025

Trump posted this, you gotta love him 😂😂 pic.twitter.com/8seIlJ70Sy
— Tommy Robinson 🇬🇧 (@TRobinsonNewEra) August 1, 2025

Trump’s ballroom plan, replacing most of the East Wing of the White House, is an overscale, reactionary solution to the genuine question of where to host a big state dinner. https://t.co/Dwg7QmMqyO
— New York Magazine (@NYMag) August 1, 2025

What Empires Taught Us About Moral Clarity

Empires do not begin with evil intentions. They rarely rise from cartoonish villainy or overt declarations of conquest. More often, they are born from a sense of purpose—mission, vision, even virtue. Their architects speak of order, of… pic.twitter.com/zyFR9v2CPN
— Niels Groeneveld (@nigroeneveld) August 1, 2025

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Friday, August 01, 2025

1: Russia

If "inflation takes off", Trump may have no choice but to "back down".

The CPC pipeline crosses Russian territory

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