The average price of regular gasoline has topped $4 a gallon in recent weeks in the US, which is nearly 50% more than last year. Natural gas prices have also risen significantly, which has led to an increase in the cost of electricity and home heating.
Let's analyze the counter-sanctions levers that Russia has at its disposal.
Obviously, the U.S. and NATO actions indicate that the Biden administration and its European allies are not interested in a speedy conclusion to the war in Ukraine. The sanctions imposed by the U.S. and the EU has created a crisis in Western Europe where several leading states such as Germany are continuing, out of necessity, to purchase oil and natural gas from the Russian Federation.
These living arrangements are part and parcel of the continuing legacy of the former racist apartheid system which was rooted in segregation to facilitate the super-exploitation of African labor. Africans and other people of color communities were placed in areas of the country which were away from the central cities.
On an international geostrategic level, the Soviet Union and the U.S. found themselves on the opposite sides of the political spectrum. In Africa, Asia and Latin America, the Soviet Union supported the national liberation movements and those independent governments seeking to build an anti-imperialist and socialist orientation.
The stated aims are “demilitarization” and “denazification” of a future neutral Ukraine – but geopolitically reach way beyond: the aim is to turn the post-1945 European collective security arrangement upside down, forcing NATO to understand and come to terms with the concept of “indivisible security”. This is an extremely complex process that will reach the next decade.
In short, the financial war on Russia gave the West an unmistakable lesson from Moscow that the hardest currencies are not USD or EUR, but rather oil, gas, wheat, and gold. Yes, energy, food and strategic resources are currencies.
Since the 2011 revolution and the fall of the Gaddafi regime, Libya has witnessed chaos resulting from divisions and disputes over power, the rise in the influence of two governments in the east and west, armed groups, and external interventions from Europe, America, Russia, and Turkey.
These calculations seemingly changed sometime around last fall, when everything began to get much more intense in Europe. A decision had apparently been made to not sincerely negotiate with Russia in good faith and, if anything, perhaps even provoke the Kremlin into taking the kinetic action that U.S. intelligence subsequently claimed that it was preparing to authorize.
One of the key underlying themes of the Russia/Ukraine/NATO matrix is that the Empire of Lies (copyright Putin) has been rattled to the core by the combined ability of Russian hypersonic missiles and a defensive shield capable of blocking incoming nuclear missiles from the West, thereby ending Mutually Assured Destruction (M.A.D.)
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