UK Column News - 20th March 2023

Brian Gerrish, Mike Robinson, David Scott and Mark Anderson with today’s UK Column News.


Swizz Cheese: Gnomes of Zürich riddled with holes

00:22 FT: Swiss central bank offers Credit Suisse liquidity backstop

Credit Suisse said on Thursday it intended to borrow up to 50 billion Swiss francs from the Swiss National Bank

The Swiss National Bank reports a loss of CHF 132.5 billion for 2022

SNB Balance sheet as at 31 December 2021—Total liabilities: 1,056,776.2

Statement from the Bank of England: Coordinated central bank action to enhance the provision of U.S. dollar liquidity

UBS Rescues Credit Suisse With Help From Swiss National Bank

FT: UBS shares fall after Credit Suisse rescue deal

BBC: The UK's central bank has said banks are "safe" after regulators agreed a rescue deal for Credit Suisse aimed at preventing fears over banks spreading

Credit Suisse says $17 billion debt worthless, angering bondholders

FINMA approves merger of UBS and Credit Suisse


CBDCs by Stealth? It's the Derivatives

11:05 Federal Reserve announces July launch for the FedNow Service

Is the collapse of SVB the start of a banking panic?

Off-Guardian—The SVB Collapse: How financial crisis boosts the rise of CBDCs

WEF: Can central bank digital currencies help stabilize global financial markets?

House of Lords: Central bank digital currencies: a solution in search of a problem?


Financial Collapse? It's the Derivatives

22:15 FED: Recent balance sheet trends

US total assets held by all Federal Reserve banks

FT: The US bank system is more fragile than you’d think

Mike Robinson shows the big players in derivatives versus assets ratios

Seeking Alpha: Is your bank safe from a Credit Suisse collapse?


Money Creation—The Old Lady Finally Threads the Needle

32:24 BoE: Money creation in the modern economy:

Money in the modern economy is created by commercial banks making loans

BoE: Money creation by the aggregate banking sector making additional loans


Xi In Moscow: New Brokers of Eurasia

38:48 Chinese President Xi Jinping's visit to Russia

Mature, tenacious—Chinese media celebrates ties with Russia ahead of Xi’s Moscow visit

Syria's Assad arrives in United Arab Emirates in official visit


US and UK Can Invent International Law, But Russia and China Cannot

41:40 BBC: Iraq war 20 years on: How invasion plunged country into decades of chaos

BBC veteran war correspondent Jeremy Bowen:

The problem was how it was done, the way the UK and the US ignored international law

BBC: Xi Putin meeting: What to expect from China-Russia talks


Ukraine Mounts Small-Scale Probing Attacks

48:14 Thank you to the UK Column viewers that are thanking us

Ukraine attacks Zaporozhye

Telegram channel Rybar reports of Ukrainian artillery strikes on the Kherson City outskirts

Thorough pro-Russian source ILRUSSO12 claims at 11 am UK time today that Russian troops are attacking the south-western neighbourhoods of Bakhmut. This report is unconfirmed at this stage.

Ukrainian tanks trapped in the mud

Last road in/out of Bakhmut a killing zone

Ukrainian resupply routes are cut by Russian fire control and/or impassable mud

BBC: Russia threatens to destroy Ukraine jets after Poland and Slovakia pledges


Bridgen: YouTube Censors the Mother of Parliaments' Adjournment Debate as Thrasher Mitchell Bullies MPs Out

55:35 (N.B.: Another UK Column Extracts YouTube channel has been shut down and removed) 

E-mails to UK Column

Andrew Bridgen leads debate on mRNA Covid–19 booster

Bill Gates' friend [Andrew Mitchell] asks members to leave, gets up and walks out as he begins his speech

YouTube have taken down the speech Andrew gave in Parliament. An elected member of the UK Parliament


Democracy: the Tartan Farce

1:04:08 Crisis for Nicola Sturgeon as 30,000 quit SNP over gender reform bill

SNP reject report 30,000 have quit party over Nicola Sturgeon gender reforms

SNP leadership contest: Ash Regan and Kate Forbes use open letter to demand that party CEO Peter Murrell reveals its membership numbers

SNP loses 32,000 members in less than 14 months

Scottish National Party chief executive quits after alleging lies over membership numbers

Peter Murrell called on for exit date or face a no-confidence motion


CFR Intones: No Identity Possible Outside The EU

1:10:10 Foreign Policy: Disunited Kingdom—Will Nationalism Break Britain?

A new system that will give the Government and emergency services the capability to send an alert directly to mobiles phones

Listen to what the government emergency alarm sent to phones will sound like

There will be a National Test Message of the system on Sunday 23 April 2023

Guardian: Met Police on ‘last chance’ as Casey report to condemn failure to change

Guardian: Met appoints Whitehall troubleshooter Louise Casey to wipe out misogyny

The Daily Mail don’t like me ’cos I’m female and fat and lefty. Other people on the left think I sleep with the devil.

Louise Casey, Baroness Casey of Blackstock—Wikipedia


And Finally: Sadly True Song on Britain's Elderly Culling

1:22:25 Doctor Dr McHonk-Honk—MidazolThem