We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
The Rycroft Review comes as the Head of MI6 has also warned about Russian propaganda and influence operations that “crack open and exploit fractures within societies.”
But if the review only confines itself to elections, party finance and overt corruption, it will miss one of the most consequential forms of foreign influence in recent decades: sustained Russian attempts to shape UK energy markets and energy policymaking.
It is now unarguable that decisions taken by ministers in the mid-2000s and 2010s left Britain dangerously exposed when gas prices surged in 2021–22. During this period, there were live debates on core questions of energy security: the future of strategic gas storage at Rough (closed down in 2017), nuclear policy, maximising recovery in the North Sea following the Wood Review (2013), the 2015 decision to end coal-fired generation, and the failure to develop UK shale gas. Through a combination of indecision and damaging policy choices, Britain’s exposure to international gas markets increased sharply.
What Putin understands – and what Britain refuses to face – is that Europe is vulnerable in ways that matter more than tanks or troop numbers. Russia’s president does not need to defeat Nato militarily to cause chaos. As he has already shown through repeated greyzone attacks, Europe’s power grids, subsea cables, energy systems and communications networks offer targets far easier to strike, far harder to defend and politically far more disruptive. Putin’s warning this week was a reminder that Russia knows exactly where our exposed nerves lie.
The United States has threatened to cut off weapons and intelligence to Ukraine unless it signs Donald Trump’s peace deal by next Thursday.
Sources said Ukraine was under greater pressure from Washington to bow to the US president’s demands than in previous negotiation efforts.
“They want to stop the war and want Ukraine to pay the price,” one of the sources told Reuters.
Volodymyr Zelensky said on Thursday he would use the plan as the basis for negotiations with Russia but Kyiv has warned its red lines must not be crossed in any peace deal.
The Ukrainian leader spoke to his European allies on Friday, including Sir Keir Starmer and Emmanuel Macron, who “welcomed efforts of the US” but called for a “just and lasting peace” for Ukraine.
Mr Trump’s 28-point peace plan is largely favourable to Russia, giving Moscow more Ukrainian territory than it currently possesses and readmission to the G7.
On Friday, the Kremlin maintained that it had not received Mr Trump’s peace plan but warned Mr Zelensky must negotiate “now” or risk losing more territory.
The part I have put in bold type looks alarming. On the other hand, the British press, most definitely including the Telegraph, continually tries to make Trump look as bad as possible. In the first few months after Putin invaded, Ukraine’s resolute defence against the odds saved the country from annihilation – but as the war drags on its position seems to be gradually weakening. What do you think? Is this the best deal Ukraine is likely to get?
Ukraine secretly delivered FPV drones and wooden mobile cabins into Russia. The drones were hidden under the roofs of the cabins, which were later mounted on trucks.
At the signal, the roofs opened remotely. Dozens of drones launched directly from the trucks, striking strategic bomber aircraft.
And — Russia can’t produce these bombers anymore. The loss is massive.
Nothing like this has ever been done before.
In one sense, of course, it has been done before. The military history of the twentieth century contains many examples of large numbers of planes being destroyed on their airfields – by the Japanese at Pearl Harbour, by the Germans at the beginning of Operation Barbarossa, and by the Israelis in the first hours of the Six Day War, to name but three.
But such damage being done by itty bitty little drones that were considered little more than toys a few years ago is new.
My point is: to anyone who understands the reality of Putin’s regime, the idea that he has “gone CRAZY” and is killing people is… well, CRAZY. Vladimir Putin is in power and retains power precisely because he has always been someone who is prepared to lie, manipulate and kill to achieve his objectives. That is literally what the KGB trained him to do.
In his post criticising Putin, Trump went on to add: “I’ve always said that he wants ALL of Ukraine, not just a piece of it, and maybe that’s proving to be right”. Finally, it seems, our American friends are beginning to understand who they are dealing with.
Georgescu sounds a nasty piece of work, and Simion not much better, but the “election interference” that might truly kill off Romanians’ faith in democracy is not coming from them.
Those business journalists at Bloomberg ($) have noticed that some investors are betting that Russian debt – a market frozen since the February 2022 invasion of Ukraine – could “thaw out” if there’s a ceasefire/peace deal. But this is a gamble that has potential to go very wrong.
The transactions — revealed here for the first time — are among the clearest indications yet that investors are quietly betting that US President Donald Trump’s overtures to Moscow for a deal to end the war in Ukraine will eventually translate into Russia’s return to the global financial markets. The buyers are wagering that the deeply discounted securities could soar in value if the sanctions imposed on Russia after its invasion of Ukraine in 2022 are lifted.
Money managers, too, say they are receiving approaches from Wall Street sales teams gauging their interest in making bets on the ruble through non-deliverable forwards — derivatives that because they don’t involve a physical Russian asset or individual person aren’t subject to sanctions. The Russian currency has gained 13 percent against the dollar since the start of the year, according to Bank of Russia data.
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks that have been acting as brokers to facilitate growing investor demand for ways to trade Russian-related assets, people familiar with the matter said.
Given the potential for things to go awry, such as if Mr Putin treats a pause in the fighting to re-group and launch another assault, I’d want to be in close touch with any investment managers running my savings plans to be sure that Russian debt, assuming it was ever to be considered in a portfolio, were to take up more than a few percentage points of my total holdings. In fact, I’d want to insist that Russian debt, even after any sort of diplomatic move (regardless of how it is arrived at), is out of bounds.
The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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