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Is Tennessee The Next Housing Market To Drop?

Is Tennessee The Next Housing Market To Drop?

The US housing market is off to a slow start at the beginning of the spring selling season, as highlighted in our most recent note, “Goldman’s Housing Heat Map Shows a Tepid Start to the Selling Season.”

Nick Gerli, CEO and founder of real estate analytics firm Reventure Consulting, has highlighted for many months very alarming figures of soaring housing supply in several US housing markets, including Florida and Texas. 

Gerli has now focused on the Tennessee housing market, asking: “Is Tennessee the next market to drop?”

Gerli wrote:

“Inventory is spiking in Tennessee due to a slowdown in buyer demand mixed with a large pipeline of builder inventory. Like most Sun Belt markets, prices in Tennessee skyrocketed during the pandemic (+56%) and locals are now priced out.” 

He touched on affordability woes plaguing buyers.

The housing expert believes rising inventory should lead to a “modest correction in the market”… 

Supply in Nashville has topped 2010 levels. 

And Knoxville.

Nashville’s housing market was one of those red-hot markets during the Covid era. However, the party ended with interest rate spikes in 2022.

The 30-year mortgage rate still trends around 7%. 

Jeff Checko, the relocation director with The Ashton Real Estate Group of RE/MAX Advantage, recently provided insight into the Nashville housing market to local outlet WKRN, stating that normalization will continue through the spring selling season.

“We saw signs of things returning to a typical seasonal market this year, with interest rates getting back into the sixes and the mid-sixes, and then it was kind of one step forward, one step back, one step forward, one step back again,” Checko said, adding, “We’re hoping that we get something kind of normal for the first time in about half a decade.”

The question for Nashville real estate is whether the soaring housing supply will lead to normalization or a more pronounced downturn, as Gerli asked.

Tyler Durden
Tue, 03/11/2025 – 06:55

Orbán Demands Referendum On Ukraine’s EU Membership

Orbán Demands Referendum On Ukraine’s EU Membership

Via Remix News,

Hungarian Prime Minister Viktor Orbán is taking a novel approach to the years-long controversy over whether or not Ukraine should be granted status as a European Union member state: asking the bloc’s existing citizens.

Orbán told Hungarian reporters in Brussels on Thursday evening that Hungary would hold a referendum on this issue, as he does not believe that such a crucial decision should be made “over the heads of the people,” as reported by the Hungarian news outlet Infostart.

The Hungarian prime minister made this announcement at the conclusion of a summit involving all the leaders of the EU member states, where the bloc had been hoping to release a joint statement announcing that it would continue supplying Ukraine with weapons to continue the war against Russia. Orbán, as the only EU leader to reject the statement, exercised his country’s veto power to prevent it from being made.

All decisions at the EU level must be made unanimously by all member states.

The EU’s scramble to find ways of continuing to support Ukraine comes as the United States has stopped its own aid to the country, given that President Donald Trump is attempting to pressure the country into accepting a ceasefire.

Hungary has called national referendums many times since Orbán was first reelected in 2010, such as in 2016, when one was held on the issue of whether the country should accept receiving quotas of migrants from elsewhere in the EU. Another occurred in 2022, when citizens were given the opportunity to vote for or against Orbán’s legislation aimed at protecting children from gender ideology and pedophilia. Although such referendums are non-binding, they give an indication of how much of the Hungarian public supports the government’s actions.

Affirming the government’s commitment to gauging public opinion on this issue, Fidesz MP Balázs Orbán, who is also Viktor Orbán’s political director, said on Friday that “for the first time, Hungarians have a chance in Europe to decide whether they support Ukraine’s EU membership or not.”

Orbán explained his position on Ukraine’s EU membership by saying that it is not possible to make a responsible decision regarding it under current conditions. He added that allowing Ukraine into the bloc would also have a deep impact on its economy – and not necessarily for the better. “We are not prepared for this,” he indicated.

Orbán further stated that he does not think the EU’s economy, and certainly not Hungary’s, is capable of continuing to bear the burden of sending aid to the beleaguered and war-ravaged nation.

“26 out of 27 member states argued that Ukraine should continue the war,” he emphasized. “Hungary remained on the side of peace.” 

He went on to say that Europe should instead “support the president of the United States with the greatest possible strength and energy in order to ensure the success of peace negotiations.”

Read more here…

Tyler Durden
Tue, 03/11/2025 – 06:30

Utah To Become 1st State To Ban Fluoride In Drinking Water, Weeks After RFK Jr Sworn In

Utah To Become 1st State To Ban Fluoride In Drinking Water, Weeks After RFK Jr Sworn In

In a huge development, and coming just weeks after federal health secretary and Fluoride-skeptic Robert F. Kennedy Jr. was sworn into office, the state of Utah has become the first state to ban fluoride in public drinking water.

The landmark move also comes soon after recent major health studies were published which linked the decades-long US fluoridization in public drinking water with lower IQ in children.

Flouride tanks at a water treatment plant , via KTXS

“Republican Gov. Spencer Cox said he would sign legislation that bars cities and communities from deciding whether to add the mineral to their water systems,” The Associated Press reports Monday.

The long-running claim and assumption has been that fluoride strengthens teeth and reduces cavities – and this still remains the official line of the US Centers for Disease Control and Prevention.

“We’ve got tried and true evidence of the safety and efficacy of this public health initiative,” said American Dental Association President Brad Kessler.

But the simple question must be asked: don’t people brush their teeth?

The FDA literally has a poison warning label on the side of toothpaste and other products with fluoride, saying that it’s not meant to be ingested. So why drink it? – skeptics have long questioned.

The AP has noted that the anti-fluoridization movement in Utah gained steam after a major accident:

Already, some cities across the country have gotten rid of fluoride from their water, and other municipalities are considering doing the same. A few months ago, a federal judge ordered the U.S. Environmental Protection Agency to regulate fluoride in drinking water because high levels could pose a risk to kids’ intellectual development.

A Utah teenager who urged lawmakers to pass the bill described suffering a medical emergency when the fluoride pump in Sandy, Utah, malfunctioned in 2019, releasing an excessive amount of the mineral into the drinking water. The fluoride sickened hundreds of residents and led many in Utah to push for its removal.

It’s rare to find high levels of fluoridation in water, according to the National Institutes of Health. The agency said it’s “virtually impossible” to get a toxic dose of fluoride from water with standard levels of the mineral.

When you’ve lost CNN…

Those who are against the mass government-backed social program to add fluoride to water have long been attacked as “conspiracy” loons etc.. But skepticism of the program has recently gone more and more mainstream, especially as more objective science has take a fresh look at the matter.

Tyler Durden
Tue, 03/11/2025 – 05:45

Why Some In Europe Still Clamor For Russian Gas

Why Some In Europe Still Clamor For Russian Gas

Authored by Alex Kimani via OilPrice.com,

  • Since the adoption of the REPowerEU Plan, the EU has diversified its supplies and drastically phased down Russian fossil fuel imports.

  • Last year, renewable energy contributed 48% of the EU power generation mix, followed by nuclear at 24% and fossil fuels at 28%–the lowest share ever.

  • Some European leaders are clamoring for a return of Russian gas to European markets.

Three years ago, Europe suffered one of its biggest energy crises in modern history following Russia’s invasion of Ukraine. Throughout 2022, the weaponization of natural gas supplies by Russia greatly aggravated the continent’s energy security, leading to a massive spike in gas prices. Consequently, the European Commission implemented its REPowerEU Plan to phase out Russian fossil fuel imports, diversify energy supplies and produce more clean energy. 

Europe stepped up LNG imports from the United States, which had been running at 10-50 billion cubic feet per month but soared by about 100 billion cubic feet per month after the invasion. 

In contrast, Europe quickly cut out Russian gas from 45% of total imports to just 15% currently. EU member states agreed to fill underground gas storage to 80% of capacity by 1 November 2022; however, by working together, EU countries surpassed this, instead reaching 95% of gas storage capacity. 

Since the adoption of the REPowerEU Plan, the EU has diversified its supplies and drastically phased down Russian fossil fuel imports. EU sanctions have banned seaborne imports of Russian crude oil and refined petroleum products as well as Russian coal. Imports of Russian gas have plunged, setting the EU on track to phase them out completely in the coming years. 

But here’s the kicker: Fossil fuels, including natural gas, are gradually losing their grip on EU energy. Renewables remain, by far, Europe’s key energy source. Last year, renewable energy contributed 48% of the EU power generation mix, followed by nuclear at 24% and fossil fuels at 28%–the lowest share ever. Indeed, 2024 marked the lowest emissions from the EU power sector with a 13% drop compared to 2023. While nuclear remains the continent’s single leading power source, wind power leads over natural gas. Meanwhile, last year, Europe’s solar generation overtook coal for the first time ever.

Source: Ember

This trend predates Russia’s war in Ukraine: since the enactment of the European Green Deal in 2019, wind and solar have been gradually pushing coal to the margins and forcing natural gas into structural decline. Europe’s green energy transition has gathered extra momentum over the past three years due to Russia’s war. 

The European Union has implemented measures to significantly shorten the permit granting process for renewable energy projects, including designating specific “Renewable Energy Acceleration Areas” where projects undergo simplified and faster permitting procedures, aiming to expedite the development of renewable energy sources like solar and wind power across the bloc. 

The revised Renewable Energy Directive (RED III) includes provisions to significantly reduce the time required to obtain permits for renewable energy projects, especially in designated acceleration areas. Last year, the European updated its Recommendation on speeding up permit-granting procedures for renewable energy projects and the accompanying Guidance on good practices to speed up permit-granting procedures for renewable energy projects and on facilitating power purchase agreements.

Europe Still Needs Natural Gas

That said, it’s unlikely that Europe will be able to kick natural gas from its energy mix any time soon. Europe gas prices recently spiked to multi-year highs driven by colder-than-average weather coupled with lower wind power generation. Unlike fossil fuels, renewable energy systems largely lack surge capacity to meet sharp spikes in demand or unforeseen energy crises. These crises are typically short-lived and transient, mostly due to short-term disruptions in supply, and not lack of long-term access to foreign energy. 

It’s a big reason why some European leaders are clamoring for a return of Russian gas to European markets. European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine. Slovakia’s Prime Minister Robert Fico has revealed that he’s not ruling out the resumption of gas through Ukraine following the expiration of a 5-year transit deal between Moscow and Kyiv. Fico has been pushing President Volodymyr Zelenskiy to restart the transit, citing higher energy costs for Slovakia and the whole region. European Union leaders met on Thursday for an extraordinary summit to discuss Ukraine and European defence.

‘‘The pipeline that runs through Slovakia has a capacity of 100 billion cubic meters,” Fico told reporters in Brussels. “I want to do everything to ensure it is used in the future,’’ he added.

Last year, Moscow said it’s open to another gas deal with Ukraine. Back in November, Russia said it’s willing to continue supplying gas to Europe via Ukraine if Kyiv and the involved European countries can come to an agreement.

“Of course, in my opinion, the European countries that currently receive gas through this corridor are interested in continuing such cooperation,”  Russian Deputy Prime Minister Alexander Novak, who is in charge of Russia’s energy policy, told reporters “We are ready to supply (gas), but not much depends on us, so probably this should be negotiated directly between the users and the country through which the transit is provided.”

Ukraine is set to lose up to $1 billion a year in transit fees from Russia– which it hopes to offset by quadrupling its domestic gas transmission tariffs for consumers–while Gazprom will lose close to $5 billion in gas sales. Ukraine gas amounted to 5% of total EU gas imports.

European natural gas futures rebounded to €41.5/MWh on Thursday, reversing two sessions of losses, driven by forecasts for colder-than-normal weather. This increase in heating demand is likely to further reduce gas storage levels before the end of the heating season. EU gas storage is currently 37.3% full, having depleted at a faster-than-expected clip this winter due to colder weather and less wind power generation. 

Tyler Durden
Tue, 03/11/2025 – 05:00

Syria Signs Deal To Merge Kurdish-led SDF Into State Institutions

Syria Signs Deal To Merge Kurdish-led SDF Into State Institutions

Syria under the Jolani regime, or interim President Ahmed al-Sharaa, has inked a landmark deal with the Kurdish-led Syrian Democratic Forces (SDF) to integrate the armed group by back the US with state institutions.

A televised Monday signing ceremony was held with al-Sharaa and the head of the SDF, Mazloum Abdi. The agreement hails the unity of Syria and declares that “all civil and military institutions in northeastern Syria” will be merged “into the administration of the Syrian state, including border crossings, the airport, and oil and gas fields.”

Al Jazeera emphasizes in the wake of the historic deal that “The agreement, if implemented, would bring that territory under the full control of the Syrian central government.”

Via SANA/Reuters

This of course immediately raises the question of the ongoing US occupation, which has been on for years in Syria’s northeast oil and gas rich territory. The Pentagon has been occupying these energy resources, which is enough to meet Syria’s domestic needs.

The long-running theft of Syria’s oil – much of which has reportedly been ferried across the border into Iraq – was by design a method to strangle the prior Assad government and deprive the state of badly needed resources.

Will the Syrian Kurds now simply hand these oil and gas complexes over to Jolani and his forces?

If the Pentagon occupation persists, this could result in fresh clashes. US special forces have been supporting the Syrian SDF – and in fact the Kurdish-led group is largely a creation of Washington. 

Turkey has been seen as helping Jolani, and has long chafed at the US presence, given it propped up the Kurds.

The timing of this deal is awkward and ironic, given at this very moment there are mass killings of Alawites and Christians along the Syrian coast near Latakia.

Al Jazeera’s Resul Serdar points out: “For Damascus, once you have given special status to a certain ethnicity, or a certain sect, then the question is [for] other sects like Alawites or Druze, are they also going to have special status?… That is not clear for now.”

The outline and main points of the new Damascus-SDF agreement are said to be vague, and underscores full Kurdish citizenship in the Syrian state and merging of institutions; however, it’s unclear the degree to which the Kurds will be required to lay down their arms. For the time being, they are unlikely to voluntarily do so.

Tyler Durden
Tue, 03/11/2025 – 04:15

British Blasphemy? UK Govt Moves Toward New Definition Of “Islamophobia” For Speech Regulation

British Blasphemy? UK Govt Moves Toward New Definition Of “Islamophobia” For Speech Regulation

Authored by Jonathan Turley,

Recently, after the speech of Vice President J.D. Vance in Munich, various European leaders went public to express their shock and disbelief that they would be accused of rolling back on free speech. For many of us, it was a laughable display of denial, particularly from UK Prime Minister Keir Starmer. 

In a country that has eviscerated free speech, Starmer told Bret Baier that the UK “guards” free speech and “we don’t believe in censoring speech.” 

Now, the government is continuing this month with its effort to regulate and criminalize speech.

The effort to crack down on “Islamophobia” could create a type of blasphemy standard if it encompasses criticism of the faith or its practices.

Deputy Prime Minister Angela Rayner has announced that the government will be further cracking down on hate speech with a new working group tasked with defining ‘Islamophobia’. 

The free speech community is raising the alarm that the effort is likely to further broaden the government controls over speech.

It was announced last week that Rayner’s working group would be chaired by former Conservative attorney general Dominic Grieve KC, who has himself admitted that defining Islamophobia while safeguarding free speech is ‘extremely difficult.’ 

Notably, Grieve wrote the foreword to the 2018 All Party Parliamentary Group (APPG) report on Islamophobia, which advanced a definition that many critics argue is far too broad.

The APPG included criticism of Islamic beliefs and practices as examples of Islamophobia. 

It has been condemned for treating criticism of the faith as a type of hate speech.

For years, I have been writing about the decline of free speech in the United Kingdom and the steady stream of arrests, including in my book, The Indispensable Right: Free Speech in an Age of Rage.

A man was convicted for sending a tweet while drunk referring to dead soldiers. Another was arrested for an anti-police t-shirt. Another was arrested for calling the Irish boyfriend of his ex-girlfriend a “leprechaun.” Yet another was arrested for singing “Kung Fu Fighting.” A teenager was arrested for protesting outside of a Scientology center with a sign calling the religion a “cult.”Last year, Nicholas Brock, 52, was convicted of a thought crime in Maidenhead, Berkshire. The neo-Nazi was given a four-year sentence for what the court called his “toxic ideology” based on the contents of the home he shared with his mother in Maidenhead, Berkshire. Judge Peter Lodder QC dismissed free speech or free thought concerns with a truly Orwellian statement: “I do not sentence you for your political views, but the extremity of those views informs the assessment of dangerousness.”

Lodder lambasted Brock for holding Nazi and other hateful values:

“[i]t is clear that you are a right-wing extremist, your enthusiasm for this repulsive and toxic ideology is demonstrated by the graphic and racist iconography which you have studied and appeared to share with others…”

The fear is that an expanded hate speech law that includes criticism of Islamophobia will operate like a British blasphemy law. 

In 2008, the common law offences of blasphemy and blasphemous libel were abolished in England. 

This new effort could constructively restore such prosecutions as they relate to Islam.

Jonathan Turley is the Shapiro professor of public interest law at George Washington University and the author of “The Indispensable Right: Free Speech in an Age of Rage.

Tyler Durden
Tue, 03/11/2025 – 03:30

Ukraine Is Now The World’s Biggest Arms Importer

Ukraine Is Now The World’s Biggest Arms Importer

Ukraine was the world’s biggest importer of arms between 2020 and 2024, with a global share of 8.8 percent, based on the size and value of the transfer rather than the purchasing price. 

This is according to new data from the Stockholm International Peace Research Institute (SIPRI), released Monday. 

As Statista’s Anna Fleck shows in the chart below, it was followed by India (8.3 percent), Qatar (6.8 percent), Saudi Arabia (68 percent), Pakistan (4.6 percent) and Japan (3.9 percent). These five countries accounted for 35 percent of all arms imports over the latest five year average.

Infographic: The World’s Biggest Arms Importers | Statista 

You will find more infographics at Statista

Ukraine’s arms imports increased nearly 100 times between 2015-19 and 2020-2024, driven by the ongoing war following Russia’s invasion in February 2022. The U.S. was Ukraine’s main supplier, accounting for 45 percent of its imports, followed by Germany (12 percent) and Poland (11 percent). Ukraine has received transfers of major arms from at least 35 states since 2022. Russia, on the other hand, relies largely on its own industry for major arms, although in 2020-24 it received missiles with a range of 100 km and one-way attack drones from Iran as well as artillery and missiles from North Korea, according to the report.

Regionally, Africa (-44 percent), Asia and Oceania (-21 percent) and the Middle East (-20 percent) all saw a decrease in imports of major arms from 2015-2019 to 2020-2024. Europe and the Americas had increases, at +155 percent and +13 percent, respectively. The decline in Asia and Oceania was mainly due to a decrease in Chinese arms imports (-64 percent). This meant China did not place in the top 10 global arms importers for the first time since 1990-94. According to the report, this shift speaks to how the country has increased domestic design and production capabilities, meaning it is less dependent on weapons imports. Meanwhile, Japan and South Korea have continued to expand their military capabilities amid ongoing tensions with China and North Korea.

Even though Europe has seen the biggest proportional increase, Asia and Oceania continued to account for the highest share of arms imports of any world region in 2020-24 (33 percent). The region is home to four of the world’s top ten largest arms importers in the 2020-2024 period: India, Pakistan, Japan and Australia. It was followed by Europe (28 percent), the Middle East (27 percent), the Americas (6.2 percent) and Africa (4.5 percent).

Tyler Durden
Tue, 03/11/2025 – 02:45

The Swedish “System” Of Control

The Swedish “System” Of Control

Authored by Sven Valerio via The Mises Institute,

Vice President JD Vance’s speech at the Munich Security Conference delivered a sharp critique of recent developments in Europe, particularly regarding freedom of expression, migration, and democracy. He highlighted the annulled election in Romania and the exclusion of the German party AFD from most public discourse by the political establishment. Sweden was also explicitly mentioned, with a focus on the suspended sentence of a man convicted of “hate speech” for burning the Koran—a sentence announced shortly after the man’s friend, who participated in the act, was murdered for his beliefs.

While I commend Vance’s historic speech, it’s important to note that Sweden’s hate speech law is only a small part of the broader “Swedish system” and its democratic shortcomings. 

Allow me to provide a fuller picture for an international audience.

In Sweden, the political arena is largely reserved for established parties, without any proper preferential voting. 

Elections here do not represent a fair competition for political power. The leading parties have systematically exploited the system to grant themselves significant advantages. This is particularly evident in the financing of their activities. Six out of the eight parliamentary parties rely heavily on public funding. The leading center-right party—currently holding the office of prime minister—receives 70 percent of its income from taxpayer-funded support, a higher proportion than even the Social Democrats. In total, political parties receive just under 1 billion SEK in direct public support, with even more allocated to party-affiliated organizations. This would be equivalent in the US to taxpayers contributing over 6 billion dollars in support to political parties and their affiliated organizations.

If you believe that media in Sweden is free and independent, think again. 

Swedish media receives 1 billion SEK in annual support, which would be the equivalent of 3 billion dollars in the US when adjusting for the size of the population. The leading right-wing conservative newspaper in Stockholm, Svenska Dagbladet, benefits from taxpayer funding amounting to what would be equivalent to 98 million dollars in the US.

Public service media (television and radio) has a total budget of 9.1 billion SEK. Sweden’s population is 10.5 million. 

For comparison, imagine the US having a government-controlled media system with a budget of 27 billion tax dollars. 

Moreover, the journalists’ union in Sweden issues press passes, and such credentials are required to participate in government-related events. 

Swedish top politicians rarely face truly critical questions, creating a political environment in which politicians are not held accountable by the public. 

Public hearings of the kind familiar in the US simply do not exist in Sweden.

Under these conditions, it is extremely challenging to promote political alternatives, whether right-wing or left-wing, that critique the status quo. 

If one manages to break through, the next obstacle arises: the Swedish parliament (Riksdag) has 349 seats, each apparently representing 0.29 percent (1/349) of the voters. However, a party must secure at least 4 percent of the votes to be allocated parliamentary seats. 

In theory, 13 parties could each receive 3.9 percent of the vote, collectively representing 50.7 percent of the electorate, but none would win a seat in the Riksdag.

Swedish schools teach students that such a system is probably a good thing and that generous public support for political parties and media is to be preferred. Otherwise, we could “end up like the United States.”

JD Vance was correct regarding European politician’s use of the word “disinformation.” 

The above account would never be published in the op-ed pages of a major Swedish news outlet. 

There simply are no media platforms where such criticism is accepted—not even those that I am forced to co-finance.

Tyler Durden
Tue, 03/11/2025 – 02:00

Can Vladimir Putin Be Negotiated With?

Can Vladimir Putin Be Negotiated With?

Via The Libertarian Institute

As President Donald Trump attempts to engage with Russia to end the conflict in Ukraine, supporters of the proxy war in Washington, Europe, and Ukraine claim that President Vladimir Putin is an evil dictator who cannot be trusted. The implication is that talking with the Kremlin is equivalent to surrender for Kiev because Putin wants all of Ukraine, and will use any pause in fighting to gear up for the next invasion.

However, history disproves that assertion. For Moscow, the war was never about seizing Ukrainian territory or attempting to reconstitute the USSR, but pushing back on NATO expansion after the bloc threatened to add Kiev as a member.

Before the invasion and in the early months of the war, Putin made serious offers to both Washington and Kiev to allow eastern and southern Ukraine to remain under Kiev’s control if the country agreed not to join NATO.

The Joe Biden administration outright refused to negotiate on those terms, even if they were acceptable to Kiev. Preventing those talks from occurring first provoked the Russian invasion, then prevented it from ending within a few months.

As Scott Horton explains in the following excerpt from his latest book, Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine, there were talks in Istanbul, Turkey that nearly ended with conflict within two months.

A Ukrainian negotiator explained the dialogue was “completely successful” and could have allowed the war to come to an end by April 2022. But Western leaders like then-United Kingdom Prime Minister Boris Johnson did not want peace, and pressed Kiev to fight.

You can own a signed copy of Provoked by making a contribution to The Libertarian Institute’s fundraiser.

* * *

US, UK Prevent Peace

Early indications that Russia and Ukraine could achieve a quick negotiated solution soon gave way to the reality that the Biden administration was instead determined to drag out the war to “weaken Russia.”

One day after Russian forces invaded Ukraine, State Department spokesman Ned Price was asked about the proposed terms to begin negotiations. Though an innocent third person might have assumed that achieving a ceasefire and early end to the fighting would be the highest priority, Price made it clear this was not the case with the American administration. “Those are not the conditions for real diplomacy,” he said.

As Secretary Blinken confirmed in October 2022, the only time he had spoken to Foreign Minister Sergey Lavrov since February 15, 2022, nine days before the invasion, was over the release of the basketball player Brittney Griner, who had been convicted of bringing a THC vape pen into the country. Otherwise, the policy was “Do not engage.”

Two days after the war began, Zelensky said he wanted to negotiate. “We are not afraid to talk to Russia. We are not afraid to say everything about security guarantees for our state. We are not afraid to talk about neutral status. We are not in NATO now.” But he said the main question was “what security guarantees will we have? And what specific countries will give them? We need to talk about the end of this invasion. We need to talk about a ceasefire.”

Belarus Talks

The two sides met in Gomel, Belarus on February 28. Though they did not make a deal, they departed on positive terms and agreed to talk again on March 3. Early attempts at negotiation by Belarusian President Alexander Lukashenko, Israeli Prime Minister Naftali Bennett and Turkish President Recep Erdogan, though they showed some promise, went nowhere without American interest or support. The Financial Times reported on March 16 that negotiators had “made significant progress” on a ceasefire deal, based on a Russian withdrawal in exchange for neutrality and limits on the size of Ukraine’s armed forces. They said Lavrov had also told them they were very close to a deal.

Bennett

Both sides trusted former Prime Minister Bennett, so at the same time their agents were meeting in Belarus, Putin and Zelensky were communicating through him, outlining the major points of the ceasefire. As Bennett later explained in an interview, Putin promised not to kill Zelensky and dropped his demand for the “disarmament of Ukraine.” In return, Zelensky vowed to drop his attempts to join NATO. Instead, they agreed on something they called the “Israeli model,” which would keep Ukraine outside of NATO, but well-armed enough to guarantee its own independence. “I had the impression at the time that both sides were very interested in a ceasefire,” Bennett said. But the Americans decided to “crush Putin rather than to negotiate.” The former PM did not seem to disagree with the policy, but was just being honest about it. “I think there was a decision by the west (a legitimate one) that right now what’s needed is to keep hitting Putin and not to reach a ceasefire. … I’ll tell you what — I’m not sure they were mistaken.” He said he was merely “acting as an intermediary,” adding, “Everything I did was coordinated to the smallest detail not just with the U.S. but also Germany and France.”

When asked if the U.S. stopped the negotiations, Bennett replied, “Yes, basically they stopped it and at the time I thought they were making a mistake.” He continued, “[T]here’s a not-too-bad chance they could have reached [an agreement] if they didn’t stop it. Not for sure. But I’m not arguing that it was correct to try. In real time I thought it was correct to reach a ceasefire — now I don’t know.”

Though Bennett later tried to walk back his claims, saying there was only a 50 percent chance of making a deal at the time, it is obvious he was being honest the first time and trying to get out of trouble for it.

Fiona Spills

It was only later we found out that was exactly what had happened: both the Ukrainians and Russians had been prepared to make serious concessions to bring the war to an early end.  The diplomats had ironed out a few differences, and it was time for the presidents to meet to make the bigger decisions. Fiona Hill confirmed in Foreign Affairs in the fall of 2022 that they had been on the verge of a deal, citing former U.S. officials. “In April 2022, Russian and Ukrainian negotiators appeared to have tentatively agreed on the outlines of a negotiated interim settlement,” she explained. “Russia would withdraw to its position on February 23, when it controlled part of the Donbas region and all of Crimea, and in exchange, Ukraine would promise not to seek NATO membership and instead receive security guarantees from a number of countries.”

Nay No Ned

On March 21, State Department spokesman Price shot down a question about the peace talks, saying the president had “made it very clear that he is open to a diplomatic solution that does not compromise the core principles at the heart of the Kremlin’s war against Ukraine.” He elaborated, “[T]his is a war that is in many ways bigger than Russia, it’s bigger than Ukraine.” This was about the whole world order. “[T]here are principles that are at stake here that have universal applicability everywhere, [including] the principle that each and every country has a sovereign right … to determine for itself with whom it will choose to associate in terms of its alliances.”

The reporter got his drift. “But does that mean that if under pressure of negotiation and war, that Zelensky gives up the previous desire to join NATO … that the U.S. wouldn’t go along with … a negotiated agreement?” Price refused to answer.

At that time, Kiev was in a better position to negotiate than at any point after. And by the end of March, Zelensky was signaling that he was willing to make major concessions to achieve an early end to the war. As Anchal Vohra wrote in Foreign Policy, “These include a commitment to Ukrainian neutrality with respect to military alliances, a rejection of any nuclear arsenal, and an acceptance of Russian control over Ukraine’s eastern regions.” She said, “He even indicated a readiness to change language policies that had disadvantaged Russian speakers. Zelensky’s announcements gave the face-to-face talks convening this week in Istanbul some hope of a ceasefire.”

When White House spokeswoman Jen Psaki was asked what the U.S. was doing to encourage diplomacy, she responded only that “[t]he role that we feel we can play most effectively is by continuing to provide a broad range of security assistance, military assistance to them as well as economic and humanitarian assistance to strengthen their hand in these negotiations.”

Turkey

On March 29, the parties convened in Istanbul, where they issued the Istanbul Communiqué based on Ukraine’s proposals. The key concession from the Ukrainian side was an offer of “permanent” neutrality, to refrain from developing nuclear weapons, recognize de facto Russian sovereignty over Crimea, punt on the question of the future of the Donbas and promise not to host any foreign forces on their soil. In exchange they would receive security guarantees from Western nations and Russia, including a promise to be allowed to join the EU. These represented major concessions by Russia compared to its attempt to sack the Ukrainian capital and achieve regime change just weeks before. For their part, “Russian negotiators said they would look into these proposals while Russia [would] ‘drastically reduce’ military activity near the cities of Chernihiv and Kyiv ‘to increase mutual trust and create the necessary conditions for further negotiations.’”

Alexey Arestovich

Then-Zelensky adviser Alexey Arestovich, the same man who had seemed to predict the war and accept its inevitability three years before, later said that the talks had been “completely successful.” Having participated in the Istanbul negotiations, he explained that “it was the most profitable agreement we could have done. … We opened the champagne bottle. We had discussed demilitarization, denazification, issues concerning the Russian language, Russian church and much else.” He continued, “And that month, it was the question of the amount of Ukrainian armed forces in peacetime, and President Zelensky said, ‘I could decide this question indirectly with Mr. Putin.’” Arestovich added, “The Istanbul agreements were a protocol of intentions and was 90 percent prepared for directly meeting with Putin. That was to be the next step of negotiations.”

Boris Johnson

But then UK Prime Minister Boris Johnson came to town with an offer of weapons and a message from the Biden administration: now was not the time to negotiate. They should instead increase the pressure on Putin. If Ukraine made a deal with Russia, they could not count on U.S. and UK support. So the talks were canceled. This tragic tale was told in extensive reporting by Ukrainska Pravda — a paper with a similar name but no ties to the Russian publication. In fact, it is owned by Dragon Capital, in a fund managed by Soros Fund Management LLC, and has a strong pro-Kiev slant. They said Johnson “appeared in the capital almost without warning” with two messages from Biden. The first was, “Putin should be pressured, not negotiated with,” and the second was that “even if Ukraine is ready to sign some agreements on guarantees with Putin, they are not.” Then they got right to the heart of the issue: “[T]he collective West … now felt that Putin was not really as powerful as they had previously imagined, and that here was a chance to ‘press him.’”

As Michael von der Schulenburg, a former UN assistant secretary-general, later explained: “As late as 27 March 2022, Zelensky had shown the courage to defend the preliminary results of the Ukrainian-Russian peace negotiations in public in front of Russian journalists — despite the fact that NATO had by then already decided at its special summit on 24 March 2022 … to oppose these peace negotiations. In the end, Zelensky gave in to NATO pressures and opted for a continuation of the war.”

Lavrov later said that after a workable proposal was on the table, in mid-April the Ukrainians simply broke off talks. Putin complained that after Istanbul, “Kyiv representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kyiv was actually ordered to wreck all these agreements.” He was obviously being a major hypocrite in saying this, since he was surely playing his own role in the conflict. But he was not wrong.

Tyler Durden
Mon, 03/10/2025 – 23:40

Bill Gates BTFO: South Dakota Bans Use Of Tax Dollars For Lab-Grown Meat

Bill Gates BTFO: South Dakota Bans Use Of Tax Dollars For Lab-Grown Meat

South Dakota has passed a law prohibiting the use of public tax dollars for the research or purchase of cultivated (aka ‘lab grown’) meats.

Introduced in the state’s House Agriculture and Natural Resources Committee by Rep. Jana Hunt (R) on Jan. 29, bill HB 1118 was signed into law less than a month later by Gov. Larry Rhoden (R).

“I’m grateful for the unanimous backing from my colleagues in both the House and Senate. As elected officials, it is our duty to serve the people of South Dakota and ensure responsible stewardship of their hard-earned tax dollars,” said Hunt, who also credited testimony from The Beef Initiative, a non-governmental organization that coordinates with local farms nationwide who champion food security through local access.

The new law will be effective July 1.

Rhoden has been in office since Jan. 25 following the resignation of former Gov. Kristi Noem, who is now Secretary of Homeland Security (DHS).

South Dakota is one of a growing number of states where the legislatures have taken efforts to place restrictions on cultivated meat to protect their own animal agriculture interests. Other states to do so include Florida, Alabama, Nebraska, Iowa and Michigan. –WATTPoultry

As we noted in January, Florida and Alabama banned lab-grown meat for consumption, while three others have proposed similar restrictions on the controversial 3D-printed meat. Additionally, ten states now mandate labeling of lab-grown meat. Meanwhile, the rest of the US has no regulations governing fake meat.

Source: Bloomberg NEF

In the era of Trump 2.0, the “Make America Healthy Again” initiative aims to promote nutritious, clean, and natural food—rejecting not just science experiment foods funded by woke billionaires like Bill Gates but also toxic processed foods.  

In January, Nebraska Gov. Jim Pillen announced a new legislative proposal to ban lab-grown meat from being produced in or sold in stores across the Cornhusker State. 

“It’s important we get on the offense so that Nebraska farmers and ranchers are not undermined,” Pillen told reporters at a news conference.

Under Trump’s second term, we believe the backlash to lab-grown meat will only grow louder from here as a growing number of states will issue proposed legislation to ban the science experiment meat.

Recall that billionaires like Bill Gates and the World Economic Forum have pushed a dystopic nightmare across the world in their attempt to reset the global food supply, one where the world eats insects and highly processed fake food. 

Under the guise of ‘climate change’ … Gates wants to “work towards artificial meat.” 

An alternative to this dystopic nightmare is real, clean food. Robert F. Kennedy Jr. – newly minted head of the Department of Health and Human Services – has outlined plans for the most significant transformation of America’s food system—a sweeping effort known as “Make America Healthy Again.”

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Tyler Durden
Mon, 03/10/2025 – 23:15