Michael Hennigan: The Finfacts economics site was launched in 1997. Average monthly page views of this blog are at 80,000.
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Saturday, March 01, 2025
Zelensky for 2025 Nobel Peace Prize? as Trump takes his guide from Moscow
President Volodymyr Zelensky leaving the White House after a heated meeting with President Trump, 28 February, 2025
The Nobel Peace Prize is awarded in Norway by a five-member committee appointed by the Norwegian Storting (parliament). The first Nobel Peace Prize was awarded in 1901.
The Nobel Peace Prize is awarded on December 10th in Oslo, Norway.
Chemist, engineer, inventor, businessman, and philanthropist Alfred Nobel (1833–1896) built a fortune selling explosives and ammunition and investing in petroleum companies. Even though he sold weapons, he hoped that his inventions would eventually remove the need for wars entirely.
In his will Alfred Nobel laid out who he wanted to be responsible for the selection of the Nobel Prize laureates. The prizes were to be awarded by Swedish institutions – apart from the peace prize, whose award was to be decided by a committee of five persons elected by the Norwegian Parliament.
Norway's national assembly (Storting) declared an end to the union with Sweden on June 7, 1905.
The Nobel Peace Prize has been awarded 105 times to 142 Nobel Prize laureates between 1901 and 2024, 111 individuals and 31 organisations. Since the International Committee of the Red Cross has been awarded the Nobel Peace Prize three times (in 1917, 1944 and 1963), and the Office of the United Nations High Commissioner for Refugees has been awarded the Nobel Peace Prize two times (in 1954 and 1981), there are 28 individual organisations which have been awarded the Nobel Peace Prize. Click on the links to get more information.
Axios says "Why it matters: Now Trump's administration is aggressively pushing him for a Nobel — the obsession that has eluded him. That was a subtext to Friday's Oval Office blowup with Ukrainian President Volodymyr Zelensky."
Empting Gaza to make way for a Riviera and blessing Russia's takeover fully in Ukraine is not the route.
Praising Putin like he deserves total respect, 13 February 2025: “I want to thank President Putin for his time and effort with respect to this call,” Trump said afterward. “We both reflected on the Great History of our Nations, and the fact that we fought so successfully together in World War II,” he said. “We agreed to work closely together, including visiting each other’s Nations.”
He is the President of the United States, but he exhibits a craven appeasement of Putin, just as he did in 2018 in Helsinki.
In the White House on 28 February 2025, Zelensky argued that there should be “no compromises” with Russian President Vladimir Putin – but Trump said Kyiv would have to make concessions to reach a peace deal with Russia.
Trump told Zelenskyy, "You're not acting at all thankful" for the support Zelenskyy's country had received from the United States. He added that the Ukrainian leader had been disrespectful and told"You're gambling with World War III."
The admirer of the Russian dictator and killer, said in the Oval Office: "to make a deal with Russia, or we are out."
Friday’s conversation soured after the US Vice-President JD Vance – sat alongside other politicians in the room – he told Zelensky that the war must be ended throughdiplomacy.
Zelenskyy said Putin had broken previous deals.
"He broke the ceasefire. He killed our people. ... What kind of diplomacy, JD, are you speaking about?"
" What do you mean?" said Ukraine's president, who has been seeking greater security assurances as part of any deal to end the war
The vice-president then accused Zelensky of being disrespectful and "litigating" the situation in front of the media.
From there, the discussion escalated quickly, as Trump and Vance accused Ukraine's president of being ungrateful for three years of US support during the war with Russia, with Trump saying Zelensky was in no position to tell the US how it should feel.
“I think it’s disrespectful to come into the Oval Office and try to litigate this in front of the American media,” Vance said, his voice rising./b> “You bring people on a propaganda tour, Mr President … Do you think that it’s respectful to come to the Oval Office of the United States of America and attack the administration that is trying to prevent the destruction of your country?”
Not long after the meeting – Trump took to Truth Social, the social media platform he owns, to say “Zelensky disrespected the US in its cherished Oval Office.”
“I have determined that President Zelensky is not ready for Peace if America is involved, because he feels our involvement gives him a big advantage in negotiations,” the US president continued. “I don’t want advantage, I want PEACE.”
The issue of minerals was not discussed.
"PEACE" is not craven bootlicking.
Friedrich Merz, who is on track to become Germany’s next chancellor after the country’s election this week, said in a statement addressed to “Dear Volodymyr” that his country would stand behind Ukraine “in good and in testing times.”
The Washington Post: Elon Musk’s business is built on $38 billion in public funding
Elon Musk and his cost-cutting U.S. DOGE Service team have been on a mission to trim government largesse. Yet Musk is one of the greatest beneficiaries of the taxpayers’ coffers.
Elon Musk put $277 million into the election. He’s $200 billion richer this year.
"Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person."
"Regarding Tesla’s reliance on subsidies, assistant professor of engineering management and systems engineering John Paul Helveston highlighted the contradiction between Musk’s push to eliminate subsidies across all industries and his own company’s history of benefiting from them."
"By pushing to cut subsidies across all industries, Helveston said, Musk is strangling a potential lifeline for smaller companies — and his competitors. “Pretty much every aspect [of Tesla] has benefited from direct government subsidy or financing,” he said. “It’s not a weird phenomenon for Tesla to benefit from this, but it is certainly hypocritical.”