Sunday, February 23, 2025

WHAT'S BEST FOR DUDA: Zelensky CROSSES Trump, German Elections In Full Swing, EU Backlash

 

Feb 23, 2025
Zelensky CROSSES Trump, 
German Elections In Full Swing, 
EU Backlash Protests broke in Bulgaria 
. . .and the media is reporting that these are pro-Russian protests. 
  • President Duda has met with Donald Trump and has then stated that this war needs to come to an end, in a dramatic shift of position in the Polish government. 
  • The EU continues to look at ways in which it can seize the frozen Russian assets. 
There are also reports from WP that Zelensky has instructed his Foreign Minister to not amend a UN draft resolution at the request of the US. 
 


Bulgarian nationalists protest euro plans

US Pressuring Ukraine into Minerals Deal with Multiple Strategies: Expert

Feb 23, 2025
The United States is using a "combination of punches" to force Ukraine to accept a minerals deal, as part of its border efforts to end the Ukraine crisis amid the shift of strategic focus from Europe to Asia, an expert said on Sunday.
"The conflict [may] continue for some time. After all, Ukraine, a key party to it, is not involved [in the talks]. I believe it will be very difficult to achieve a resolution, as it is impossible to allow a few major powers, especially the U.S. to dominate the entire process of the conflict," he said

Teng Jianqun, director of the Center for Diplomatic Studies at Hunan Normal University, said this development came as a result of U.S. coercion.
  1. "Clearly, the United States is employing a combination of punches, using political, economic, and military pressure to force the Zelensky government into accepting what can be seen as a humiliating agreement under duress," he added.
  2.  Meanwhile, the United States is intensifying its contacts with Russia. 
  3. The two parties have agreed to send senior officials for more talks and work towards improving ties and ending the fighting in Ukraine.
  • "I believe this signal reflects a concession by Zelensky's government, and the aggressive tactics of the United States. 
  • President Trump has referred to Zelensky as merely an 'actor' and a 'dictator', even withholding the title of president, in an effort to exert political pressure on him. 
  • At the same time, U.S. House Speaker Mike Johnson publicly announced that no further economic aid would be provided to Ukraine. 
  • Furthermore, there is now a proposal to stop military support, including the Starlink satellite services, to the Ukrainian forces," said Teng.

Teng highlighted that the United States is pursuing a two-pronged strategy to achieve geopolitical goals.

"In terms of the Russia-Ukraine conflict, the Trump administration is actually pursuing a two-pronged strategy, pushing for progress on two fronts simultaneously. 

  1. One is to force Ukraine to repay its debts, and substantially so. 
  2. The other is to strengthen interactions with Russia, including arranging a meeting between the two heads of state. Russia, for its part, is also open to improving ties with the United States and European countries," said the expert.

While Trump's administration is longing to settle the conflict and pivot U.S. strategic focus toward Asia, Teng warned that such ambitions face significant obstacles.

"But fundamentally, we know that the Putin government is unlikely to follow the U.S. pace or immediately sit down for negotiations with Ukraine. The Trump administration is eager to end the Russia-Ukraine conflict in order to pull back from Europe to the Asia-Pacific for what it calls great power competition, but this is a one-sided wishful thinking. Looking ahead, I believe that the U.S.-Russia rapprochement will face significant difficulties. As for the prospect of bringing parties back to the table on the Russia-Ukraine conflict, this will face numerous challenges," said Teng.
 
US pressuring Ukraine into minerals deal with multiple strategies: expert
   

US pressuring Ukraine into minerals deal with multiple strategies: expert

 

According to Reuters, the United States has reportedly threatened to cut off Ukraine's access to Starlink internet services if it did not sign the minerals deal. 
After this week's meeting between Zelensky and U.S. Special Envoy to Ukraine and Russia Keith Kellogg in Kiev, both sides disclosed information suggesting that they are nearing a deal on critical minerals.

US pressuring Ukraine into minerals deal with multiple strategies: expert 

2025-02-23 17:42 Last Updated At:21:27

The United States is using a "combination of punches" to force Ukraine to accept a minerals deal, as part of its border efforts to end the Ukraine crisis amid the shift of strategic focus from Europe to Asia, an expert said on Sunday.

On February 12, U.S. President Donald Trump proposed a plan to use 500-billion-dollar worth of Ukrainian minerals to repay the U.S. aid provided during Ukraine's conflict with Russia, which was initially rejected by Ukraine's President Volodymyr Zelensky.

Teng Jianqun, director of the Center for Diplomatic Studies at Hunan Normal University, said this development came as a result of U.S. coercion.

"I believe this signal reflects a concession by Zelensky's government, and the aggressive tactics of the United States. President Trump has referred to Zelensky as merely an 'actor' and a 'dictator', even withholding the title of president, in an effort to exert political pressure on him. At the same time, U.S. House Speaker Mike Johnson publicly announced that no further economic aid would be provided to Ukraine. Furthermore, there is now a proposal to stop military support, including the Starlink satellite services, to the Ukrainian forces," said Teng.

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HIGH-RISK CRYPTOCURRENCIES ---- Largest theft in crypto history

In celebratory social media posts, industry executives declared the end of a “siege against crypto” by the federal government.
The euphoria didn’t last long. Bybit, which is based in Dubai and processes tens of billions of dollars in daily transactions, revealed that thieves had breached its system, stealing huge quantities of Ether.
Crypto has a long history of damaging hacks, but the theft from Bybit dwarfed the previous record, when thieves stole $611 million in cryptocurrencies from a platform called PolyNetwork in 2021.
Even outside the crypto world, there is little precedent for a theft so big. “It may even be the largest single theft of all time,” said Tom Robinson, a co-founder of Elliptic, a crypto analysis firm.

On social media, Bybit’s chief executive, Ben Zhou, assured customers that the company was still solvent. “Even if this hack loss is not recovered, all of clients assets are 1 to 1 backed,” he wrote. “We can cover the loss.”

Big Day for Crypto Goes South in a Hurry After a Giant Hack

Big Day for Crypto Goes South After Bybit Hack - The New York Times

Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft. 

Bybit, run by Ben Zhou, shown speaking at a conference in December, said it had been hit by a billion-dollar theft. Credit...Tamir Kalifa for The New York Times

By David Yaffe-Bellany
Reporting from San Francisco
 
The good news for cryptocurrency investors arrived just after 8 a.m. on Friday: Coinbase, the largest crypto marketplace in the United States, had reached a deal with U.S. regulators to dismiss a lawsuit that had hung over the industry for years.
 
But within hours, the crypto market descended into a new crisis. At 10:51 a.m., Bybit, another leading crypto exchange, said it had been hacked — with industry analysts estimating the loss at nearly $1.5 billion, the largest theft in crypto history.
  • The prices of Bitcoin, Ether and other major cryptocurrencies plunged. 
  • Even Coinbase’s share price had dropped 8 percent by the end of the day.
This split-screen contrast was a telling illustration of the state of crypto in 2025. Even as President Trump embraces the industry, it remains the wild West of the financial world, prone to scams, thefts and sudden market meltdowns. . .
[>>>] The news about Coinbase and Bybit came at the end of a roller-coaster few days in the crypto world. 
  • A proliferation of new memecoins — digital currencies based on an internet joke or a celebrity mascot, with no practical function — has prompted widespread complaints about scams.
  • Last week, a memecoin promoted by the president of Argentina, Javier Milei, suddenly plummeted in value, setting off a political crisis there and costing investors more than $250 million.
  • Recently, crypto executives have expressed worry about the spread of these high-risk cryptocurrencies, fretting that they could undo some of the progress the industry has made with lawmakers. Shortly before his inauguration, Mr. Trump put his own memecoin on sale — it shot up in value before crashing. More than 800,000 crypto accounts lost money.
“Memecoins aren’t just a casino — they’re worse,” Haseeb Qureshi, a crypto venture investor, wrote on social media this week. “They’re a casino where each slot machine has a different owner, each trying to rip you off as much as they can before you move on to the next one.”

 

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