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By John Helmer, Moscow
  @bears_with

It is just five weeks since President Donald Trump failed to win the Nobel peace prize. The armed resistance of Iran and Venezuela has already forced him to postpone his Plan A – that’s  for regime change by what Trump likes to call his “obliteration force”.  Trump’s Plan B is for regime change by covert operations.  In Kiev, Berlin, Tallinn, Ottawa, and Delhi these are turning out to be just as noisy and as dirty.   

To clean up behind Trump, this news-breaking podcast from Dimitri Lascaris, aired from Montreal on Sunday morning, is double-length, four-ply, and forest-friendly.

Part I, the first 65 minutes, focuses on US plotting to replace Vladimir Zelensky and replace him with others equally bent on continuing the war against Russia; on German Chancellor Friedrich Merz’s scheme for making his political party and the German army great again by continuing the war against Russia; and on the media battle for Canadian votes as Prime Minister Mark Carney continues the war against Russia.

Part II, for 30 minutes, opens with the terrorist bombing in Delhi last Monday, the Pakistan directions, the Trump connections, and India’s military options for the days ahead,  as they will be discussed in Moscow on Monday when Russia’s allies gather together in the Shanghai Cooperation Council meeting.

Click to view Part 1 here.  

Source:  https://www.youtube.com/watch?v=etfFSALfbs0 

Part 2 follows here:

Ignoring the simple-mindedness of mainstream media reporters in Kiev, and discounting for  Ukrainian self-importance, the story of Timur Mindich, Igor Kolomoisky, and Vladimir Zelensky can be read  in reporting by “Peter Korotaev” in his substack platform, Events in Ukraine.   To understand the small and big details, and why they will neither remove Zelensky nor bring the war against Russia to a negotiated settlement short of capitulation, it helps to have been born Jewish in Dniepropetrovsk and to know how to steal and launder very large sums of money.

On the other hand, if you understand how the Israeli diamond business works – both natural diamonds and artificial ones – you will appreciate that Mindich’s takeover of the Ukrainian corner of growing, polishing and retailing diamonds is million-dollar chicken feed by comparison with the multi-billion dollar Indian, Russian and De Beers businesses.  This is just one of the Mindich lines of business which are being exaggerated in the campaign to tie him to Zelensky’s corruption. 

Source: https://eventsinukraine.substack.com/p/the-mysterious-mr-myndich  To measure the real scale of the Mindich-Kolomoisky diamond business, start at the UK Companies House records of Meylor Global’s balance sheets for annual movements of no more than £13.6 million. Then go to analysis of the $25 billion artificial diamond market led by Indian and American companies and De Beers.  

In today’s story of German rearmament, the Merz model, the Trump Model and the Estonian model are parallel schemes for stealing very large sums of taxpayer money, laundering them through defence and gunmaking companies, and growing rich on commissions, kickbacks, and stock market dividends and capital gains. They are not the work of the “coalition of the brain dead”, as some American podcasters characterize the European politicians opposed to peace with with Russia and to negotiated terms for ending the Ukraine war. Politically weak, personally corrupt, race-hating they are; brain-dead they are not.

Start with this October 27 report of the current and proposed German defence budget numbers.  Then examine this Polish think-tank analysis of Merz’s scheme for financing his rearmament and the key types of weapons he has been promising to finance and then deliver to the Ukraine battlefield.   

Source: https://www.osw.waw.pl/en/publikacje/analyses/2025-07-22/german-military-aid-ukraine-a-new-model-support 

Next, read how the comparable Estonian defence procurement budget – the biggest in NATO proportionate to national GDP — is being exposed in recriminations in the Tallinn parliament and press.  

And lastly, follow these Financial Times charts for the share price manipulation by Chancellor Merz  with this succinct summary by Ryan Perkins of what BfB, the Boche from Black Rock,  has been aiming to do to Germany.   

ONE-YEAR RETURN ON THE FT INDEX OF GERMAN DEFENCE SHARES, 142%

Source: https://markets.ft.com/data/indices/tearsheet/summary?s=FTWIDEU502010S:FSI 

TRAJECTORY OF GERMAN DEFENCE SHARE INDEX OVER THE 2022-25 SPECIAL MILITARY OPERATION

Source: https://markets.ft.com/data/indices/tearsheet/summary?s=FTWIDEU502010S:FSI

ONE-YEAR SHARE PRICE TRAJECTORIES FOR RHEINMETALL AND OTHER GERMAN ARMS MAKERS

Source: https://markets.ft.com/data/equities/tearsheet/charts?s=RHMX:GER 
In this report of treasury payout practice at the leading US defence companies, the rewards to shareholders in the form of stock buybacks and dividends from the corporate treasury fall short of cash on hand and so they are covered by loans secured by speculation of rising state defence procurements to continue the war against Russia.   For the time being this is not the practice at Rheinmetall. Although stock buyback of up to 10% of the issued shares has been authorized for the company board since 2021, the market takeoff of Rheinmetall’s shares has made buyback unnecessary, as well as costly. See this company presentation on its shareholding structure.  The company reveals that in the three years of the Special Military Operation, institutional investors, especially Americans, have been selling down their holdings, while private shareholders and “others” have increased their stakes. At present, the principal stockholder of Rheinmetall is Merz’s old firm, Black Rock, which holds 7%; together with Goldman Sachs, Morgan Stanley and Bank of America, these US financiers hold 21.2%.  

At Minute 45:50, we discuss the forgeries recently exposed in the attempt by Ukrainian-Canadians to stop journalists from reporting the corrupt takeover of the Canadian military command and budget for fighting the war in the Ukraine.  

Investigate what Yves Engler is doing and writing here;  and Chris Cook on Gorilla Radio.  

Finally, in Part II, follow the story of the latest Pakistan-directed terror attack by Jaish-e-Mohammad (JeM) in India in the most thorough Indian media source, NDTV.    Independently, Indian sources believe the evidence gathered to date indicates the explosion near the Red Fort in Delhi on November 10 was an accidental detonation of a highly unstable explosive, either ammonia nitrate or triacetone triperoxide (TATP).  Over the weekend preceding the explosion in Delhi,  Indian security services had arrested JeM leaders at several locations and seized 3,000 kilograms of bomb-making materials. The JeM plan reportedly was to prepare a sequence of between 10 and 30 bombs to be detonated simultaneously at Hindu and Muslim religious institutions and trigger mass inter-communal violence across the country.

“All those who committed this cowardly act and those behind it will be brought before the law and punished,” India’s internal security minister Amit Shah has announced.   “The Government of India and the Ministry of Home Affairs are fully committed to ensuring this…Punishment given to the perpetrators of the Delhi terror attack will send a message to the world that no one should ever dare to even think of such an attack in our country.”

Indian sources believe this message will be for the Indian military to prepare and for Indian Prime Minister Narendra Modi to decide over the next fortnight. The stakes in a resumption of war between India and Pakistan are high, and they will be discussed in Moscow this week, when the Indian delegation will be led by Foreign Minister Subrahmanyam Jaishankar. The session of the Shanghai Cooperation Organization (SCO) heads of council  had been planned in advance. However, according to an announcement by the Russian Foreign Ministry spokesman, when Jaishankar meets Foreign Minister Sergei Lavrov on Monday, November 17, “several other events are still being prepared, and we will announce their dates and format later.”  This is interpreted in Delhi as a signal that President Vladimir Putin’s visit to Delhi may be postponed from his scheduled arrival on December 6.

Click to listen.



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