fbpx

Credible World News, 24/7 – 365

Nato head warns over risks of close economic ties with Russia and China

Jens Stoltenberg tells business leaders in Davos that values should matter more than profits

The head of Nato has issued a blunt warning of the security risks of close economic ties with Russia and China as he told business leaders in Davos values should matter more than profits.

Jens Stoltenberg, the secretary general of the western military alliance, said countries would be making a mistake if they traded short-term economic gain for long-term security.

“Freedom is more important than free trade. The protection of our values is more important than profit,” Stoltenberg told the World Economic Forum.

Davos day two: Freedom more important than free trade, says Nato’s Stoltenberg – live updatesRead more

The Nato head said globalisation had brought many economic benefits but the war in Ukraine had exposed how ties with authoritarian regimes created vulnerabilities.

Breaking down barriers in the pursuit of free trade had left Europe dependent on Russian oil and gas, involved the sharing of technology that risked the west losing its technological edge in modern weaponry and opened the door to foreign control of vital infrastructure such as 5G networks.

“If we share the technology we may earn the money but undermine western security,” Stoltenberg said. “This is about Russia but it is also about China.”

As a former prime minister of Norway, Stoltenberg said he had worked to create a more global economy. “But our economic choices have consequences for security,” he said.

“I am not arguing against trade with China but I am saying the control over 5G networks is of vital security importance,” he said.

“We cannot say that in the interest of profits and free trade we just open up those networks also for suppliers that actually are not reliable when it comes to our security,” Stoltenberg added.

The Nato secretary-general said the build up of western forces in eastern Europe was intended to deter Russia from further aggression and there was no intention to become involved in military action. “This is deterrence, not to provoke a conflict but to prevent a conflict and preserve peace,” he said.

Vladimir Putin had launched a war to have “less Nato” on his borders, Stoltenberg said. “He is now getting more Nato on his borders and more Nato members.”

Ursula von der Leyen, the president of the European Commission, said Russia’s decision to “weaponise its food supplies” would have global repercussions. Russia was “using hunger and grain to wield power” and blackmail other countries, she added.

“In Russian-occupied Ukraine, the Kremlin’s army is confiscating grain stocks and machinery. For some, this has brought back memories from a dark past – the times of the Soviet crop seizures and the devastating famine of the 1930s,” von der Leyen said in a special address.

“Today, Russia’s artillery is bombarding grain warehouses across Ukraine – deliberately. And Russian warships in the Black Sea are blockading Ukrainian ships full of wheat and sunflower seeds,” von der Leyen added.

She said there were 20m tonnes of wheat stuck in Ukraine. That has created a shortage that has sent global wheat prices rocketing, and meant food shipments from Odesa could not reach Somalia.

Von der Leyen said Europe was opening solidarity lanes, linking Ukraine’s borders to its ports, stepping up its own production, and working with the World Food Programme to get supplies to vulnerable countries. “Global cooperation is the antidote to Russia’s blackmail,” she said.

Achim Steiner, the administrator of the UN Development Programme (UNDP) said 200 million people were facing acute hunger, double the figure of five years ago. “This is very serious,” he said.

Related articles

Rupert Murdoch and Jerry Hall will divorce, according to report

Billionaire media baron, 91, to split from model and actor wife, 65, he married in London in 2016, New York Times reports The billionaire media mogul Rupert Murdoch and Jerry Hall, a former top model, are reportedly set to divorce. Carrie Johnson and the curious case of the vanishing Times storyRead more The New York […]

Boris Johnson faces rural fury about post-Brexit food strategies

Anger grows before West Country byelection as farmers say they will be left poorer and unable to compete with foreign producers Boris Johnson’s hopes of surviving as prime minister have been dealt a serious blow after farmers and environmentalists condemned his government’s post-Brexit food strategy as a disaster for people in the countryside – with […]

G7 struggles with agenda that has turned the world upside down

Analysis: A price cap on Russian oil and potential famine in Africa are among issues pressing for attention Russia-Ukraine war – live updates A price cap on Russian oil, deferral of climate change commitments, a potential famine in Africa and the further supply of weapons to Ukraine are to crowd into a meeting of G7 […]

Ukraine civilian deaths may be thousands higher than official toll, warns UN

Deaths yet to be accounted for in devastated port city of Mariupol likely to add significantly to total Russia-Ukraine war: latest updates The head of the UN human rights monitoring mission in Ukraine has warned that the civilian death toll in Ukraine may be thousands higher than the official toll of 3,381, with deaths in […]

Donald Trump plotted fake electors plan, Jan 6 panel will show

Committee also expected to probe Trump’s pressure on officials in crucial states to corruptly reverse his election defeat The House select committee investigating the January 6 Capitol attack is expected to show at its fourth hearing on Tuesday that Donald Trump and top advisers coordinated the scheme to send fake slates of electors as part […]

US temperatures surpass record highs as the south-west is baking in a heatwave

Phoenix reported 114F, Las Vegas soared to 109F and Denver hit 100F, while inland areas of California reached triple digits A dangerous heat swept across the American south-west over the weekend as potentially deadly heat set temperatures soaring to record levels in numerous major US cities in the region. Phoenix, Las Vegas, Denver and California’s […]

Ukraine war exacerbates China’s distrust of the west

Analysis: the conflict in Europe has entrenched the differences between Beijing and the US and its allies More than 100 days into Russia’s invasion of Ukraine, China’s strategic assessment of the conflict is becoming clearer: it does not wish to be cast in the same light as Russia, but the war has deepened Beijing’s mistrust […]

Israeli residents of the city’s Jewish residents form an armed self-defense group

Formation of citizens’ militia in Lod in central Israel follows spate of Palestinian attacks across country Jewish residents in a central Israeli city have formed an armed group they say is for self-defence, after a string of Palestinian attacks across the country sparked fears of a new wave of internal violence. The mixed city of […]

Zero-rated? The rising and rising of TV which absolutely nobody is watching

How many people are actually tuning in to Forces TV? Or Piers Morgan? In our jam-packed era of streaming, TV with absolutely no viewers is increasingly common. Here’s why There are several possible reactions to the news that the newly launched talkTV registered zero viewers during primetime broadcasts. One is to politely note that a […]

“Secrets Kill” the gripping drama about sexual assault in football

Barry Bennell was Britain’s best coach. But why did he keep a puma – and other exotic pets – in his house? We speak to the team behind Floodlights, an exceptional drama about the endemic abuse at the heart of the national game “It’s going to be tough” says Barry Bennell to his excited young […]