On the sidelines of the Asheville, North Carolina, G20 meeting of global finance ministers, U.S. Treasury Secretary Scott Bessent holds a fireside chat to discuss current geopolitical events and economic conditions.
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On the sidelines of the Asheville, North Carolina, G20 meeting of global finance ministers, U.S. Treasury Secretary Scott Bessent holds a fireside chat to discuss current geopolitical events and economic conditions.
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There was a reason why CTH focused on the Leipzig-Halle Airport “drone attack” in Germany on August 5th. {GO DEEP} There have been numerous indications the EU-NATO members, driven by Germany, France and the U.K. have been increasingly trying to expand the Ukraine war effort and pull in direct military engagement against Russia.
The Leipzig-Halle airport drone held all of the conspicuous indications of a false flag attack that did not stem from Russia. The quadcopter drone was a limited range battery powered small drone carrying a rudimentary IED type explosive. It needed to be operated and controlled by someone very close to the area, and the cargo area of the airport is a closed-loop security zone.
Nothing about the method, timing or location of the “drone attack” spoke to any value or importance for Russian interests in the Ukraine conflict. However, for expanding the war propaganda purposes the created narrative holds value. The Leipzig-Halle drone operation was more than likely carried out by the same country who bombed the Nordstream pipeline. That was Ukraine.
Today, using the airport “drone attack” as a justification, Germany is accusing Russia of expanding a hybrid war against NATO and Germany is testing whether the full NATO alliance is willing to join them in military combat operations against Russia. “German defense entrepreneur Stefan Thumann argued sabotage operations carried out by Moscow against his country are an “act of war … controlled and coordinated here by the Russian armed forces.” {source}
European NATO allies were quick to pick up the catchphrase “hybrid war” with statements from NATO General Secretary Mark Rutte, EU Commissioner Ursula von der Leyen, Finland President Alexander Stubb, Italian President Giorgia Meloni and many more. Coordinated and timed to happen in unison, the EU-NATO nations now align to expand their war footing against Russia. All of this was/is easily predictable. This is by design.
Simultaneous with this announcement and statements from within Germany, Ukraine President Volodymyr Zelenskyy now threatens all airline travel in Russia, in an obvious attempt to influence airline insurance carriers and shut down Russian civilian airspace. However, if you have followed the pattern with us over the past several years, what should be expected next is alarming.
The White House has released details of the U.S-Venezuela oil deal [SOURCE HERE].
WHITE HOUSE – SECURING STABLE & LOW-COST OIL SUPPLY IN OUR HEMISPHERE: In the biggest oil deal in world history, President Donald J. Trump has secured U.S. majority control of more than 65 billion barrels of proven oil reserves in Venezuela – vastly expanding our current U.S. territorial proven reserves of roughly 46 billion barrels. This deal secures our energy dominance for the next century—all at zero cost to the United States. The deal, signed by Secretary of State Marco Rubio and Secretary of War Pete Hegseth, gives the U.S. government powerful governance rights, economic ownership, and guaranteed low-cost off-take from a new private Venezuelan oil champion, which will be the second-largest private oil company by reserves in the world:
♦ In connection with this agreement, the Venezuelan interim authorities have granted North American Blue Energy Partners (NABEP), a privately held oil company that is the second-largest private Venezuelan oil producer and a proven operator, 100-year concessions for 17 oil fields with proven reserves of approximately 65 billion barrels.
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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †
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For about a year CTH has predicted Chinese auto manufacturers BYD and GEELY would take over shuttered auto plants in Canada. Specifically, six months ago, against the backdrop warning of Stellantis, Toyota and Honda telling the Canadian government that without the USMCA they would shift auto production to the USA, CTH predicted BYD and GEELY would make moves on those closed facilities.
The move by China is easy to predict. Prime Minister Mark Carney has opened the door to Chinese EVs. It would be in Beijing’s best interest to retool and take control of closed plants to begin mass production in North America.
Chinese EV manufacturing in Canada serves two purposes.
First, they would not be limited in production to the cars that remain in Canada as part of the agreement. Factually, China would use their Canadian footprint as an export hub into Europe and save money on current distribution. Remember, Europe is losing their auto manufacturing base to China and Germany is laying off 100,000+ auto workers.
Second, the appearance of Chinese auto manufacturing in North America would put pressure on the United States to permit their cheap EVs to enter the market.
Today Bloomberg is reporting exactly what we predicted. Chinese automaker BYD (Build Your Dream) is asking local officials about the currently idled Stellantis auto plant. Things are following a very predictable timeline.
BLOOMBERG – Chinese carmaker BYD Co. inquired about taking over an idled Stellantis NV plant in the Toronto suburbs, according to a local politician, signaling possible global interest in Canadian auto hubs in the midst of a trade battle with the US.
What Barbara Boyd describes in this video about the ideological differences in the G20 reminds me of the long battles around MAGAnomics.
One mindset is based on despair, the scarcity mentality, and says there is a limited amount of economic pie, and it must be divided by government to ensure equitable distribution (Europe/Obama). The other mindset is based on faith, an abundance mentality, and says we should create, innovate, build and expand economic activity to create more pies (MAGA/Trump).
In this Wednesday update, Barbara Boyd previews the G20 meeting in Asheville, framing it as a clash between an agenda centered on physical economic growth—advanced by Treasury Secretary Scott Bessent—and what she calls the G20/EU’s long-running Malthusian, “green” framework that followed the 2008 financial collapse, bank bailouts, and a shift toward climate policies.
The episode contrasts Trump-era priorities—domestic manufacturing, supply-chain self-sufficiency, critical minerals, energy expansion, workforce upskilling, and new nuclear plans for shipping outlined by Energy Secretary Chris Wright—with European leaders’ efforts to build a “middle powers” bloc and “redirect” citizens’ savings into EU-directed investment. Boyd argues EU priorities include Ukraine war funding, the green transition, and open borders/free trade, and says the outcome of this fight will shape the future ahead of the midterms.
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Earlier this afternoon President Trump held an oval office event with several leaders in the pharmaceutical and medical sector, to discuss the latest developments in the reduction of prescription drug prices.
White House – President Donald J. Trump announced nine new agreements with pharmaceutical manufacturers to lower prescription drug prices for Americans in line with the lowest prices paid by other developed nations (known as the most-favored-nation, or MFN, price). The agreements bring the total number of pharmaceutical manufacturers with MFN deals to 26, covering 89% of the branded drug market.
[…] These nine pharmaceutical manufacturers committed to invest at least $19.6 billion collectively in U.S. manufacturing in the near term. Additionally, as part of the MFN agreements, several companies are donating active pharmaceutical ingredients for key products to the Strategic Active Pharmaceutical Ingredients Reserve (SAPIR) to reduce reliance on foreign nations and ensure the United States has an adequate supply of such products in the event of an emergency. {source}
The media questions begin at 35:00 of the video:
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CTH continues to get considerable questioning about how the U.S-Canada fracture will take place, what it means for the Canadian dollar (CAD) and when the issues can be expected to apex. It appears that part of the reasoned disconnect people are struggling with is directly related to the messaging from the Canadian government in combination with the financial media.
In short, despite the increased trade friction, a decoupling of the U.S. economy from the Canadian economy just seems unfathomable to most observers. The main question we receive is ‘when will things happen‘? Meaning when will financial markets react? The most obvious answer to that question is, when the USA announces the termination of the USMCA (CUSMA) trilateral.
If you hold the opinion that all of these trade friction points will be resolved within the margins of the USMCA, then it is correct to predict that no significant material impact will be felt north of the border. If, however, you hold the opinion that the USMCA will be terminated because the core of the issues between the two countries are irreconcilable, then the material impact will come as soon as that announcement is made.
Alberta Premier Danielle Smith, the only Canadian government official to attend President Trump’s inauguration, appears on Fox Business. Like all other Canadian officials, she cannot contemplate the elimination of CUSMA/NAFTA. Such an outcome is simply beyond her comprehension. WATCH:
In previous interviews and broadcasts, Mrs Smith claimed if Canada was to introduce an export tax the USA would respond accordingly. This is not accurate. The U.S. has no mechanism to place a tax on exports.
Additionally, inside Canada the structure is provincial. That means each province taxes each other province for goods and services. In the USA we have state sales taxes, but those taxes are applied across all goods sold to/inside an individual state. Ex. Florida does not tax Texas. Florida has one sales tax for all goods regardless of their origin.
This is a new report but builds on prior activity. Former FBI Director James Comey leaked his memos about President Trump and the FBI’s fraudulent “Crossfire Hurricane” operation to his friend Daniel Richman, with the intent of Richman leaking those memos to the media. However, when the issue was discovered James Comey claimed Daniel Richman was his lawyer in an obvious attempt to shield Richman from forced testimony about the events.
SEE Richman article from 2018 – SEE Richman article from 2017 – See Richman article from 2019
NOVEMBER 2025 – Former U.S Attorney Lindsey Halligan then took up the case and began reinvestigating in 2025. That’s why Halligan was targeted by Lawfare operatives’ intent on her removal. However, prior to her removal Mrs Halligan smartly filed a court response outlining all of the background evidence against James Comey so that prosecution could take place with/without her in place.
FOX News is now reporting that a grand jury is approving a subpoena for Daniel Richman so they can hear directly about his involvement in the activity. The events surrounding the leaking of the ‘Comey memos’ is central to the matter of the FBI targeting President Trump after he took office in 2017. The memos were being leaked in order to get support for a Special Counsel operation led by Andrew Weissmann.