“Trump might end up getting less than he bargained for. Estimates of Ukraine’s supposed mineral wealth are based on outdated Soviet-era surveys that didn’t take into account the viability or cost of developing them.
The latest draft of the agreement, cited by Ukrainian newspaper Economic Pravda, would see Kyiv pay 50 percent of revenues from its state-owned natural resources into a fund that would invest in Ukraine. There would be no U.S. security guarantees in return.”
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“Though the country reports more than 20,000 surveyed mineral deposits and sites, only around 8,000 of them have been assessed as viable. Of these, fewer than half were being exploited before Russia’s full-scale invasion of Ukraine three years ago.”
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“China — which processes nearly 90 percent of rare earths worldwide — holds a “near monopoly” over this step in the supply chain, according to the Center for Strategic and International Studies. Most major rare earth producers, including the U.S., lack the domestic know-how or infrastructure needed to refine the minerals, forcing them to rely on Beijing.
Developing infrastructure to do so in Ukraine would, even with U.S. investment, take years and would likely be less efficient than shipping the minerals to China for processing.”
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“Add to this investment the billions of dollars required to clear land of mines and explosives — which could take over a decade — and to rebuild essential infrastructure to sustain the mining sector, from roads to power plants.”
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“Several promising prospects are located in territories under Russian occupation.”
“China is conducting the largest military build-up seen since that of Nazi Germany during the 1930s, one expert warns, after a new Department of Defense report detailed Beijing’s operations including bolstering weapons and psychological warfare.”
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“”Now the big difference there, is that he really focused on land power, which frankly is pretty easy to build up pretty quickly,” he added. “Navies are much more difficult to build up. And we are way behind. And not only do we need to catch up, but we also need to modernize our nuclear weapons, and we need to put a lot of effort into missile defense.”
“They’re massively building up their nuclear arsenal. We expect it to expand to at least 1,000 warheads by 2030, only five years from now. Probably going to be bigger than that,” DeVore said Sunday. “The Chinese Navy, not by tonnage, but by numbers is now larger than the U.S. Navy. China has something like 250 times the ship building capacity that America does.”
The report cites how China has bolstered its People’s Liberation Army Rocket Force (PLARF) arsenal to include 50 new intercontinental ballistic missiles (ICBMs), which can strike the continental U.S., raising its total to 400. As far as the report discloses, the DoD says China has added 300 medium-range ballistic missiles and 100 long-range cruise missiles. Their arsenal also now includes more than 600 operational nuclear warheads and is expected to have more than 1,000 by 2030.
The DoD says the People’s Republic of China (PRC) has the world’s leading arsenal of hypersonic missiles, including the DF-27, which as DeVore notes, “are capable of evading U.S. missile defenses and targeting Guam, Hawaii, and Alaska.””
“A Russian court on Monday denied relief to a U.S. citizen serving 12 years in a penal colony for treason in connection with a $51.80 donation she made, while in the U.S., to a pro-Ukraine charity.
Ksenia Karelina, who is also a Russian citizen, was arrested in January during a trip to visit her 90-year-old grandmother and other family members in Yekaterinburg, Russia. She immigrated to the U.S. in 2012 and became a citizen in 2021.
Trouble for Karelina, 33, began shortly after landing in Russia, where the Federal Security Service (FSB) flagged her after learning she had a U.S. passport. The agency interrogated her, took her cell phone—on which the FSB discovered her 2022 donation to Razom, a charity dedicated to “actively contributing to the establishment of a secure, prosperous, and democratic Ukraine”—and ultimately arrested her for “petty hooliganism,” which was later ratcheted up to treason. Her prosecution is part of a larger Russian crackdown on alleged treason that is unprecedented even by the country’s illiberal standards.”
“A new study by the Costs of War Project at Brown University pinned down exactly what that cost is: at least $22.76 billion from October 7, 2023, to September 30, 2024. The bulk of the money, $17.9 billion, was spent on U.S. aid to the Israeli military—both financial grants given to Israel to purchase weapons, and the cost of replacing munitions such as artillery shells sent directly from American stockpiles to the Israeli army.”
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“The study only counts the direct burden on the U.S. military budget. It doesn’t include indirect costs, “such as increased U.S. security assistance to Egypt, Saudi Arabia or any other countries, and costs to the commercial airline industry and to U.S. consumers.” Nor does it count the $1 billion in U.S. humanitarian aid to Palestinians.”