from ZeroHedge:
Update (1135ET):
Rabobank’s Michael Every told clients this morning about a very alarming situation emerging in the Baltics regions:
So, if you want to worry, look at less glamorous but arguably more significant headlines that don’t point to world war, per se, but to world disruption, and major world market volatility.
Official allegations of sabotage were made in the EU as: two of Finland’s five nuclear plants had to be shut down; a key Norwegian oilfield was shut by a power outage; the support cable on a Finnish suspension bridge broke; and two key Baltic EU data cables were severed. The Chinese vessel Yi Peng has been flagged as a possible cable culprit and at time of writing was forcibly moored in Denmark. This is likely to prompt a strong Chinese diplomatic response; and perhaps an EU one if it proves a Chinese ship damaged key seafloor infrastructure (again: this also happened to a gas pipeline between Finland and Estonia in October 2023).
TRUTH LIVES on at https://sgtreport.tv/
Every’s full note, titled “Once You See ‘World War 3’ Headlines, You Might As Well Buy Everything Because Why Not,” can be read here.
* * *
Update (0800ET):
The Finland National Bureau of Investigation stated that, based on a preliminary investigation, it has “decided to open a criminal investigation into the damage caused to the sea cable.”
Here’s the statement:
Based on preliminary inquiries, the National Bureau of Investigation (NBI) has decided to open a criminal investigation into the damage caused to the sea cable between Finland and Germany. The suspected criminal act is currently investigated as aggravated criminal mischief and aggravated interference with communications.
The National Bureau of Investigation is conducting an investigation into the damage caused to Cinia’s C-Lion-1 telecoms cable. The decision to open a criminal investigation was made today on Wednesday 20 November in cooperation with the Office of the Prosecutor General. Cinia submitted a request for an investigation to the NBI on Tuesday 19 November.
At this stage, the suspected criminal act is investigated as aggravated criminal mischief and aggravated interference with communications, but these may change as the investigation progresses.
The police will be releasing information on the progress of the criminal investigation at a later date.
* * *
Update (0729ET)
On Monday, the Yi Peng 3, a Chinese-registered bulk carrier, was suspected of damaging two fiber-optic data cables beneath the Baltic Sea, which connect Finland, Germany, Sweden, and Lithuania. The bulk carrier is anchored in Kattegat Bay alongside a Danish Naval vessel.
