The newly revealed $40B blowout on Snowy 2.0 is shocking, but not surprising. Former senator Rex Patrick on management and oversight failures.

Originally announced in 2017, Snowy 2.0 is a mega pumped-hydro renewable energy project, acting as a massive “giant battery” for the national grid. The basic concept behind Snowy 2.0 is simple, albeit flawed, on account of its scale; off-peak electricity will be used to pump water ‘uphill’ from the Talbingo Reservoir, 27 km east to the Tantangara Reservoir, and during peak demand periods, allow the water to flow back ‘downhill’ through 2.2 gigawatt turbines to contribute power to the national electricity grid.

It can be likened to a 350 gigawatt-hour battery.

The project is a taxpayer-funded financial disaster.

Peskov stated that the Kremlin had seen Bonya's video and emphasized that it had indeed attracted attention and become popular.

The presidential spokesperson also added that the blogger touched on highly resonant topics in her video.

"But, in fairness, a great deal of work is being carried out on those issues, a large number of people are involved, and none of this has been left without attention,” the Kremlin representative concluded.

by ANDREY MIHAYLOFF

Russian Influencer Records Emotional Video Address to Putin. Kremlin Responds

Press Secretary of the President of Russia Dmitry Peskov commented on the appeal of blogger Victoria Bonya to Russian President Vladimir Putin.

Compared with the same period last year, revenues from oil and gas exports dropped by more than one-third — down 38.3% to 2.298 trillion rubles. The ministry attributed the decline primarily to lower global oil prices. At the same time, non-oil-and-gas revenues increased by 10.2% to 9.423 trillion rubles.

The Finance Ministry expects the federal budget to receive 8.919 trillion rubles in oil-and-gas revenues and 31.365 trillion rubles in non-energy revenues over the course of 2026.

The ministry also announced that beginning in May it plans to resume operations involving the purchase and sale of foreign currency and gold on the domestic market under the budget rule mechanism.

The Administrative Review Tribunal has rebuked the Government over the lead lining it’s wrapping around plans for AUKUS Nuclear Waste Storage and Disposal. Transparency Warrior Rex Patrick reports.

The Administrative Review Tribunal has slapped the Government on the wrist as it ordered it to hand over documents related to how and where AUKUS Nuclear Waste will be stored and disposed of.

As Deputy President Britten-Jones wrote in his decision reasoning, “With respect to building social licence and trust with the public, there is some force in the applicant’s submission in response that

the best way to achieve social licence and trust is through transparency and not secrecy.

In the past, the United States was very sensitive to oil shocks. Closing the Strait of Hormuz would have been a catastrophe, as the US couldn't produce enough oil to meet demand.

But today, it is the world's largest producers of oil, gas, and refined products, and the planet's top exporter of liquefied natural gas (LNG).

How the US Pulled off an Armed Robbery of the World's Energy Supply and Created the Petrogas-Dollar

BY Richard Medhurst

Today, the deliberate inversion of historical fact by Western media and officials is so widespread that it is subverting the very foundation of historical reasoning. The principal aim of these distortions of public perception is the conquest of our minds, and corruption of our ability to separate truth from lies, all for the purpose of deluding people into accepting servitude and atrocities.

Restoration of Historical Truth: Russia Won World War II

BY Irene Martinez

In a superbly researched, meticulously crafted, and remarkably respectful article — in short, a brilliantly intelligent analysis of Venezuela's governance under Trump — Maurice Lemoine laments Delcy Rodriguez's confrontation with the far right and with "NGOs" like Amnesty International, which "has long been at the service of extremists seeking to destabilize Venezuela and which congratulated the far-right leader [Maria Corina Machado] on her improbable 'Nobel Peace Prize.'"

I would add that in the global Uyghur uproar, Amnesty has similarly placed itself on the wrong side of history. According to them, by not recognizing (after an investigation) the "genocide," Michelle Bachelet, the UN High Commissioner for Human Rights, was a traitor, a coward, and unprincipled (1).

For tens of thousands of seafarers on the 1,600 ships stuck in the Strait of Hormuz, “Project Freedom” was anything but.

President Donald Trump’s operation to “guide” ships through the strait lasted just 48 hours. Only two ships were guided through.

• Six Palestine Action activists face a retrial after being acquitted in February following over a year in prison. If convicted, the six Palestine Action activists and 18 others will likely be sentenced as terrorists, facing long prison terms.

UK seeks to jail Palestine Action for ‘terrorism’ amid UK media blackout

On Tuesday's broadcast of the television program Mesa Redonda, Alejandro García del Toro, Deputy Director General of the Directorate General for the United States at the Ministry of Foreign Affairs (Minrex), offered a detailed analysis of the new executive order signed by the President of the United States on May 1 and the growing threats against Cuba.

The official focused his remarks on a key element that distinguishes this new measure from all previous ones: the open and direct application of the extraterritorial nature of U.S. coercive measures, something that—he emphasiaed—reaches "extremes never before seen in U.S. legislation."

Seven decades of economic strangulation

The current war has given all United Nations member states the opportunity to observe that, on numerous occasions since its creation, the UN has violated international law. It has also reminded them that international law defines an attack, such as that by Israel and the United States against Iran, as an "aggression." Furthermore, 193 states (including Israel and the United States) have recognized the right of the attacked state to consider as co-aggressors those states that host military bases of the aggressors.

What Iran Contributes to International Law

by Thierry Meyssan

The short-term world food crisis caused by the conflict in West Asia is superimposed on a far graver, deeper and longer-running risk of a collapse in global food production caused by the remorseless combination of climate change and losses of soil, water and biodiversity.

On May 4, CNN published a relatively long report about the alleged “dramatic increase in personal security around President Vladimir Putin”. The infamous neoliberal mouthpiece claims that the Kremlin is “installing surveillance systems in the homes of close staffers” due to a “wave of assassinations of top Russian military figures and fears of a coup”.

FLASH/FLASH/FLASH: WHY IS CNN SUDDENLY COVERING ‘PUTIN’S FEAR OF ASSASSINATIONS AND COUPS’?

Drago Bosnic, independent geopolitical and military analyst.