Miscellaneous News
- Thread starter bd popeye
- Start date
Ordinary Europeans should start setting price cap on their energy from energy companies.
Hint: Set it to 0!
Same thing. It’s all imported gas. American, Russia, Qatari, Indian, Mexican, China, etc, etc, and etc. Delusional statement that I wonder if any of her colleagues take seriously…
You meant Chinese (Russian/American) gas? I think EU has to plug this loophole if they really want to win the game of "holding breath".
U.S.-led Indo-Pacific nations to consider emergency chip stockpile
Plan for mutual transfers of vital goods would be triggered by wars, pandemicsThe 14 nations in the U.S.-led Indo-Pacific Economic Framework will consider creating a formal system for sharing semiconductor devices, medical products and other vital supplies during international emergencies, Nikkei has learned.
IPEF countries would have mutual access to these stockpiles during events that disrupt supply chains, such as military conflicts and pandemics. Specifics will be discussed during the in Los Angeles this week.
The proposal responds to widespread reliance on China for many critical supplies, from industrially vital rare-earth elements to personal protective equipment (PPE) for health care workers.
The IPEF, a framework proposed by U.S. President Joe Biden, was with 13 nations: the U.S., Australia, Brunei, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Thailand and Vietnam. Fiji later that month.
But the group does not include Taiwan -- a key link in the global semiconductor supply chain.
Cabinet-level officials from the member states will gather in Los Angeles on Thursday and Friday for the group's first in-person ministerial meeting. They seek to finalize a joint statement that includes the goal of establishing a crisis management mechanism for supply chains.
are to be part of the package. Each IPEF nation will appoint a contact person for this arrangement. Members will share data on inventory and risks as well as cooperate on alternative sources of supplies.
One proposal calls for promoting efficient transfers of critical supplies, including sharing inventory.
Beyond semiconductors, the sharing framework likely would include PPE, along with rare earths and storage batteries.
If the IPEF members agree to the plan in a joint statement, preparations could begin next year.
Beijing restricted exports of rare earths to Japan following a 2010 incident in which a Chinese fishing boat collided with Japanese Coast Guard vessels near the Japan-administered Senkaku Islands, which China claims as the Diaoyu Islands.
More recently, many countries were dependent on Chinese-made products for PPE during the start of the coronavirus pandemic, a reliance that disrupted logistics and supplies.
Several IPEF members are strong in producing critical supplies. Japan, the U.S. and South Korea control nearly half of global semiconductor production capacity. For rare earths, the U.S., Australia and India produce almost 30% of the total volume. Indonesia is a major producer of medical PPE.
Some countries are unwilling to join the IPEF out of consideration for their relations with China. Some countries reportedly are reluctant to join a supply-sharing mechanism that sidelines China.
Non-paywall source:
The Indo-Pacific economic framework (IPEF) is the economic containment leg of the China containment policy of the Biden administration.
“Economics” framework.
So US is leading from behind, calling all it's supposed "allies" to action without any promises or benefits given. Sounds like another one of those vaccine promises by QUAD back in 2020, if anyone could still remember QUAD existing.
Do they not realize chips aren't a finished product? that having TV chips doesn't mean you have a TV and having automotive chips doesn't get you anywhere near a functional car?
Like how countries shared their stocks of PPE at the beginning of the COVID-19 pandemic?
There is some truth to the right wingers claim in the U.S. and increasingly in Canada as well that the aim of WEF and other goody goofy organization is depopulation. Most people like myself used to scoff at such what I once thought as a ridiculous drivel but the recent actions by Western countries and responses on Covid-19, the current war in Ukraine and that study of essentially calling for people in Europe to stop making babies have provided me some material that is slowly making me reconsider that stance.
The question is why? For control and total dominion over the remaining classes of people? And is the West's constant assault on China is maybe just maybe owed to the fact that it's probably one of the very few countries that stands in the way of the globalist elites genocidal vision of our world.