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Because Ukraine “capitulates” if it loses Elon Musk’s “simple mustache” (who made “a brilliant move like Twitter”)

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Because Ukraine "capitulates" if it loses Elon Musk's "simple mustache" (who made "a brilliant move like Twitter")

First, he made Starlink available, then threatened to withdraw the free service, and soon backed down: multimillionaire Elon Musk knows how much influence he has in Ukraine, and “made a brilliant move.” It’s a very sensitive move when it comes to war – especially this war where the Starlink Mask really (but really) makes a difference on the battlefield.

The European Union is considering whether to contribute funds to ensure Ukrainians retain access to the vital Starlink service currently provided by Elon Musk. While the proposal is still in its early stages, the discussion comes at a time when the tech mogul has warned that his space agency SpaceX can’t endlessly pay Ukrainians for access to Starlink’s internet service. Politico website, Elon Musk even suggested that the US government pay the bills.

Who is also the richest man in the world, eventually changed his mind and ensured that he would continue to fund the service. But the panic has raised concerns about the security of Ukraine’s continued access to a critical telecommunications system that has played a vital role in its counteroffensives. After all, it is this free Internet network that Ukraine has spread throughout the territory that has allowed the population to continue to report and show images to the world and the army about what is happening on the ground. And so, by the way, the Ukrainians managed to “fight with most of the Russian armored columns” in first six months of the war.

At Politico, Lithuanian Minister of Foreign Affairs Gabrielius Landsbergis, proposed that Internet access in Ukraine should not remain in the hands of one “superpowered” person who can “wake up one day and say, ‘This is not what I want to do anymore, that’s all’, and the next day Ukrainians can be without the Internet “.

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No Starlink, surrender

But what if Elon Musk changes his mind? However, in essence, “taking the Internet away from Ukraine will move it to the level of Russia and automatically cancel it,” says a cybersecurity and telecommunications expert. Nuno Matheus Coelho. This is because, according to him, Ukraine is highly dependent on this resource and has no alternatives. “Right now, the big advantage the Ukrainians have over the Russians is that they are a cyber army,” emphasizes Nuno Mateus-Coelho, who is also shared by Major General Agostinho Costa, who adds that “Starlink has an operational application that allows Ukraine to digitize war.”

Let’s imagine a war scenario in which Ukrainian troops are in the middle of a field and want to activate a drone to attack an armed vehicle and be able to communicate using computers, namely to transmit images in real time. “Without Starlink, this is impossible,” explains Nuno Matheus-Coelho, explaining that most of the territory of Ukraine has lost its 4G network infrastructure. “When Ukrainian forces are sent to Donbass without a mobile network, they cannot operate this equipment. At the same time, they cannot make phone calls or maintain secrecy in communications.”

Starlink receiver installed in Odessa (Getty Images)

Starlink provides a secure network throughout the territory. And the entire Ukrainian military structure is based on this resource – “even the way the Ukrainian government communicates,” explains Nuno-Matheus Coelho, leaving a reflection: “How does a simple antenna manage to control light, water? , and armies… Taking Starlink from Ukraine is a capitulation. There is no alternative.”

And this is where the West comes in. Should the EU bear the cost of Starlink? It is essentially a US company owned by a US citizen. “The Starlink communication system provides, first of all, information superiority over Ukraine, which is a tipping point that it cannot do without – and the West will not allow it to stop access,” says Maj. Gen. Agostinho Costa.

The major general recalls that the United States supports Ukraine not only with the Starlink satellite network, but also with the JSTARS system, which allows you to monitor the battlefield and correctly perceive the theater of operations. “It ranges from operational to tactical command. They know how, when and where to attack.” So much so that during the counter-offensive in Kharkov, a series of laser beams was seen aimed at the sky.

“When Liman was conquered, there were signs of some unease in the Ukrainian army, which reported failures in the Starlink system,” the major general says, pointing out that “in the midst of this, Elon Musk acts as a kind of Prince of Peace and proposed holding elections in the Donbass “.

First, he made Starlink available, then threatened to withdraw the free service, and then immediately refused. “Elon Musk is doing a brilliant Twitter-style move,” says Nuno Matheus-Coelho, “but what he really wants is to be paid.” And we are talking about multimillion dollars.

Major General Agostinho Costa stresses that “we need to understand what goes beyond the message”: SpaceX has invested about $80 million to provide broadband for the Ukrainian military — a cost that, according to Elon Musk, could reach $400 million by the end . next year. “This is pressure on the US government. Elon Musk’s problem is that when the system is attacked by Russia, who pays for the damage?

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Economy

European Stock Markets Fall, Interest Rates Rise, Oil Rebounds – Markets in a Minute

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Europe is turning green.  Oil and gold down.  Percentage Increases - Markets Per Minute

Euribor climbs three and six months to new highs in almost 14 years

Euribor rates rose today to new highs since early 2009 at three and six months and fell at 12 months.

The six-month Euribor rate, most used in Portugal for home loans and entering positive territory on June 6, rose today to 2.374%, plus 0.006 points, the highest since January 2009.

The six-month average Euribor rose from 1.596% in September to 1.997% in October.

The six-month Euribor has been negative for six years and seven months (from November 6, 2015 to June 3, 2022).

The three-month Euribor, which entered positive territory for the first time since April 2015 on July 14, also rose today, setting a new high since February 2009 at 1.922% plus 0.014 points.

The three-month Euribor was negative between 21 April 2015 and 13 July last year (seven years and two months).

The three-month average Euribor rose from 1.011% in September to 1.428% in October.

On the other hand, over a 12-month period, Euribor fell today, settling at 2.860%, down 0.019 points from Thursday, after rising to a new high since January 2009 of 2.879% on Thursday.

After rising to 0.005% on April 12, positive for the first time since February 5, 2016, the 12-month Euribor has been in positive territory since April 21.

The average Euribor rate for 12 months increased from 2.233% in September to 2.629% in October.

Euribor began to rise more significantly from February 4, after the European Central Bank (ECB) admitted that it could raise key interest rates this year due to rising inflation in the eurozone, and the trend accelerated with the start of the Invasion of Ukraine on February 24.

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On October 27, to curb inflation, the ECB raised three key interest rates by 75 basis points, the third consecutive increase this year, after raising three interest rates by 50 basis points on July 21. growth after 11 years, and on September 8 by 75 basis points.

Changes in Euribor interest rates are closely linked to increases or decreases in ECB key interest rates.

Three-, six- and 12-month Euribor rates hit record lows respectively: -0.605% on December 14, 2021, -0.554% and -0.518% on December 20, 2021.

Euribor is set on the basis of the average rate at which a group of 57 Eurozone banks are willing to lend money to each other in the interbank market.

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Economy

Will there be a Black Friday discount? Diesel and petrol prices fall again in a week

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Será desconto de Black Friday? Preços dos combustíveis voltam a baixar para a semana

After successive increases, fuel prices begin to fall, which ultimately reduces consumer spending significantly, especially for those who travel by car every day. Indirectly, this fall in prices will also affect the prices of the products we find in supermarkets (among many other sectors), which in a period of high consumption will be a welcome relief.

For the third week in a row, diesel and gasoline prices have fallen again.

Fuel prices continue to fall

Today's news shows that diesel and gasoline prices are expected to fall next Monday by 0.05 and 0.045 euros respectively.

According to the General Directorate of Energy and Geology (DGEG), next week's average prices should be 1.641 euros per liter of regular diesel fuel and 1.644 euros per liter of 95 petrol, not forgetting that prices can vary from gas station to post office.

Until the end of the year, consumers will continue to benefit from lower ISPs and the suspension of the carbon tax. Despite this decline, prices remain above pre-war levels.

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Economy

discover the 10 foods that have grown the most in the past week

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discover the 10 foods that have grown the most in the past week

A basket of essential products now costs 212.76 euros, which is 29.13 euros (15.87%) more than it cost on February 23, on the eve of the outbreak of the armed conflict in Ukraine. Over the past nine months, dairy and meat products are the categories with the largest increases of 20.79% and 19.41% respectively.

According to the organization, “however, growth is being felt across all food categories. In the analyzed period, frozen food, fruits and vegetables, fish and grocery stores also rose in price by 17.96%, 14.45%, 14.38% and 13.34% respectively” compared to February.

Between October 16 and 23, the top ten products with the highest price increase were horse mackerel (24%), quick-frozen peas (18%), ground roasted coffee (13%), sea bass (11%), cereal flakes. (9%), sea bream and extra virgin olive oil (8%), port wine and hake medallions (6%) and finally dried garlic (4%).

From February 23 to November 2: fresh hake (50%), white sugar (49%), tomato pulp (48%), oranges (41%), UHT semi-skimmed milk (37%), turkey steak (33%). , cookies “Maria” and eggs (32%), carrots and a whole chicken (31%).

The Consumer Advocacy Association monitors weekly prices for a basket of 63 staples that includes turkey, chicken, hake, horse mackerel, onions, potatoes, carrots, bananas, apples, oranges, rice, spaghetti, sugar, ham, milk, cheese and butter.

The association explains that this increase is due to the fact that Portugal is “heavily dependent on external markets to guarantee the supply of cereals needed for domestic consumption”, which “currently represent only 3.5% of national agricultural production: mainly corn (56 %). , wheat (19%) and rice (16%).

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“And if in the early 1990s self-sufficiency in grain was about 50%, now the value does not exceed 19.4%, which is one of the lowest rates in the world and obliges the country to import about 80% of grain. ” adds Deku.

The organization explains that “the Russian invasion of Ukraine, where most of the grains consumed in the European Union and Portugal come from, has put even more pressure on the sector, which is struggling with the consequences of the pandemic and drought. with a strong influence on production and stockpiling.”

“Limiting the supply of raw materials and increasing the cost of production, namely the energy needed for agri-food production, can thus be reflected in higher prices in international markets and, consequently, in prices at the consumer,” he emphasizes.

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