Friday, 8 January 2021

Biden terms Trump an embarrassment

Joe Biden, President-elect of United States said Friday, he was glad that incumbent President Donald Trump would not attend his inauguration later this month. He termed Trump an embarrassment, who is unfit to serve.

“It’s a good thing, him not showing up,” Biden told reporters in Wilmington. The remarks represented a reversal for Biden, who last month said that it was important for the country that Trump attends the inauguration.

“He has exceeded even my worst notions about him. He has been an embarrassment to the country, embarrassed us around the world. Not worthy, not worthy to hold that office,” Biden continued.

Trump announced on Twitter earlier Friday that he would not attend the Ceremony, a decision that was anticipated by the president’s allies.

Biden’s remarks came two days after a mob of Trump supporters stormed the US Capitol after the president encouraged them to join his futile effort to contest the election results. The violent episode has left five dead, including a Capitol police officer, and sparked broad condemnation of Trump.

The House is seriously considering impeaching Trump a second time following the events. Biden refused to take a position Friday on whether Trump should be impeached, leaving the choice up to Congress and saying he was focused on his inauguration on 20th of this month.

“If we were six months out, we should be doing everything to get him out of office — impeaching him again, trying to invoke the 25th Amendment, whatever it took to get him out of office,” Biden said. “But I am focused now on us taking control as president and vice president on the 20th and to get our agenda moving as quickly as we can.”

Biden said he had long been saying that Trump was unfit to serve and called him “one of the most incompetent presidents in the history of the United States of America.”

Biden later said Vice President Pence was “welcome” to come to the inauguration, describing it as an “honor” to have him there. He said the two have not spoken; Pence is expected to attend in some capacity.

Pence presided over a joint session of Congress as lawmakers counted the Electoral College votes affirming Biden’s win earlier this week, a proceeding that was delayed by the riots at the Capitol. Pence was forced to evacuate the Senate chamber when the rioters broke into the building.

P.S. If you have read up to this please also spare a few minutes to read one of my blogs America’s Embarrassment https://shkazmipk.blogspot.com/2017/07/americas-embarrassment.html written in July 2017.

Can Trump be charged with sedition or treason?

On Wednesday, US lawmakers met to certify the victory of President-elect Joe Biden in the 2020 US presidential election. But the proceedings were interrupted by protesters, who have descended on the US Capitol building following a speech from Donald Trump. Police fired tear gas and ordered the evacuation of several office buildings after the protests turned violent and lawmakers were placed on lockdown inside the building.

Trump vowed in a dramatic speech behind bullet proof glass that he “will never concede” the election, telling a crowd of supporters: “All of us here today do not want to see our election victory stolen by emboldened radical Democrats."

He added: “We will never give up. We will never concede. It doesn't happen.

"You don't concede when there's theft involved. Our country has had enough. We will not take it anymore.”

Trump also lashed out at his Vice-President, Mike Pence, saying he did not have the “courage” to block the formal confirmation of Biden as President.

Trump tweeted: “Mike Pence didn't have the courage to do what should have been done to protect our Country and our Constitution, giving States a chance to certify a corrected set of facts, not the fraudulent or inaccurate ones which they were asked to previously certify. USA demands the truth!"

The actions of protesters at the Capitol have been widely condemned by politicians and lawmakers.

Republican Senator Mitt Romney told the New York Times: "This is what the president has caused today, this insurrection."

Letitia James, New York Attorney General said, “The coup attempt initiated by outgoing President Trump has been despicable. Today, it became violent.

“If blood is shed, it will be on his hands. These actions, fueled by lies and wild conspiracy theories espoused by President Trump, must be unequivocally condemned by every corner of our society.”

When Trump is no longer in office, any sign of encouraging his supporters to oppose the new Government could be seen as sedition.

Congress was tasked with formally certifying the November election results, in a debate that was expected to stretch for several hours as some Republican lawmakers - including Mike Pence - sought to throw out election results in states the president narrowly lost.

Trump has asked protesters at the Capitol to be “peaceful” in a recent social media post. He tweeted: “I am asking for everyone at the US Capitol to remain peaceful.

“No violence! Remember, we are the Party of Law and Order – respect the Law and our great men and women in Blue. Thank you!”

Author Sasha Abramsky has demanded Trump be brought to justice for sedition in a comment piece written for The Nation.

He said: “Trump is now talking the sedition talk on a daily basis, and, one has to assume, actively planning ways to walk the sedition walk over the next month.

“He is meeting regularly with Sidney Powell, Steve Bannon and other plotters, and daily he is being fed a diet of ever more extreme scenarios for overturning the election results.

“This is no idle chatter, and even if we had once been inclined to dismiss it with words to the effect of 'Oh, it’s only the crazy old guy blowing off steam,' we no longer have that luxury.

“In increasingly specific language, Trump and his band of traitors are advocating some combination of martial law, national emergency, and paramilitarism as a way to cling to power.”

Some US politicians have also called for Trump to be prosecuted for sedition.

California Congressman Jared Huffman tweeted: “OK threshold crossed - it's time to criminally prosecute Donald Trump for sedition. This has gone way too far.”

In another tweet, Huffman wrote: “Never imagined I would be locked down in the US Capitol trying to ride out a violent coup attempt led by an American President.”

Texas Congressman Al Green tweeted, “@realDonaldTrump call on YOUR supporters to stop this madness that YOU incited!

“The Constitution intended a peaceful transfer of power.

“This is seditious. Only a dictator or would-be dictator would encourage this. Which are you?”

Treason under the US legal perspective is defined as someone who owes allegiance to the United States that “levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere”.

When Trump leaves the White House, it may become clearer whether he could face prosecution for his conduct related to the election.

Thursday, 7 January 2021

President Trump hits Iran with fresh sanctions as his term nears end

President of United States, Donald Trump on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of an Iranian metals and mining holding company, seeking to deprive Iran of revenues as his term nears end.

The US Treasury Department, in a statement, named the China-based company as Kaifeng Pingmei New Carbon Materials Technology Co (KFCC), saying it specialized in the manufacture of carbon materials and provided thousands of metric tons of materials to Iranian steel companies between December 2019 and June 2020.

No one at KFCC, which makes graphite electrodes, was available for comment on Wednesday. Filings show the Company is owned by Henan Yicheng New Energy, which said it was unaware of the situation.

Shares in Yicheng, which is ultimately controlled by China's Henan province, fell as much as 6.7% to a two-week low on Wednesday. When Yicheng was buying KFCC in 2019, it said exports to Southeast Asia, the Middle East and Europe - accounted for about half of KFCC's core business.

Among the 12 Iranian companies blacklisted are the Pasargad Steel Complex and the Gilan Steel Complex Co, both of which were designated under Executive Order 13871 for operating in the Iranian steel sector.

The others are: Iran-based Middle East Mines and Mineral Industries Development Holding Co (MIDHCO), Khazar Steel Co, Vian Steel Complex, South Rouhina Steel Complex, Yazd Industrial Constructional Steel Rolling Mill, West Alborz Steel Complex, Esfarayen Industrial Complex, Bonab Steel Industry Complex, Sirjan Iranian Steel and Zarand Iranian Steel Co.

The Treasury said it was also designating MIDHCO’s Germany-based subsidiary GMI Projects Hamburg GmbH, its China-based World Mining Industry Co Ltd and UK-based GMI Projects Ltd for being owned or controlled by MIDHCO.

"The Trump Administration remains committed to denying revenue flowing to the Iranian regime as it continues to sponsor terrorist groups, support oppressive regimes, and seek weapons of mass destruction," Treasury Secretary Steven Mnuchin said in the statement.

Trump's term ends on 20th January 2021, when Democrat President-elect Joe Biden is to be sworn in to succeed him.

Is United State cutting crude oil import from Saudi Arabia as part of new foreign policy?

The United States didn’t import any Saudi crude last week for the first time in 35 years. One can still recall that In May and June 2020, Saudi deliveries to the US had more than doubled from a year ago. The US refiners received the final installment of that bumper load in early July 2020.

Since then, Saudi oil shipments to the US have steadily declined. In November and then again in December, they delivered only 73,000 barrels a day to customers, preliminary US Energy Information Administration data show.

Eliminating the reliance on Middle East oil has been the dream of every US Administration since the presidency of Jimmy Carter in 1977. Just 12 years ago, when Joe Biden became US Vice-President, American refiners were routinely importing about one million barrels a day of crude from Saudi Arabia, the second-largest supplier to the US after Canada and seen as a major security risk.

Just three presidential terms later, that flow has fallen to zero. It is the most visual manifestation of how little; the US now relies on Middle East oil, after shaping its foreign policy for decades around its need for crude. If this abstinence from Saudi oil continues, it would weaken the economic, political and military links that have defined relations between Riyadh and Washington for decades.

The lack of deliveries follows a slump in crude shipments to the US. Since tankers from Saudi Arabia take about six weeks to reach import terminals on either the west or Gulf coasts, the drop is only starting to show up now. This is the first week America had no deliveries based on available weekly data through June 2010 from the US Energy Information Administration. A longer history of monthly figures shows this is the first time there were no Saudi imports since September 1985.

While the US imports of Saudi oil hitting zero is historic, it is likely this is temporary and only a deviation given the current low refinery runs and deep Saudi production cuts that are going to increase, against the backdrop of the ongoing pandemic environment. The US is still in the grip of the pandemic, with record infections in many states forcing new restrictions. The US gasoline consumption plunged to the lowest in years during the usual high-demand Thanksgiving and Christmas holiday periods.

The demand loss is so acute that some of the US refineries have been idled. Throughput is still below where it was before the crisis because of reduced domestic demand.

For Saudi Arabia, cutting shipments to the US is the quickest way to signal to the wider market that it’s tightening supply. The government is alone in publishing weekly data on crude stockpiles and imports, which carry enormous influence among oil traders. Other big petroleum consuming nations, like China, publish less timely information about oil supplies.

In the short term, the election of Joe Biden could benefit Saudi Arabia. While transitioning away from hydrocarbons would have a long-term impact on oil demand, hopes to revive the 2015 Iranian nuclear deal would pave the way for more Iranian oil to flow globally. Those sales will displace Saudi oil and that would mean Arabia would have to turn to the US to maintain sales.