The Budapest-born billionaire has constructed an incredible global network of influence
A new report from the US-based Newsbusters has exposed a vast web of media and activist organizations, funded with millions of dollars, annually, by the billionaire George Soros. The outlet bills itself as “an online rapid-response vehicle for documenting, exposing, and neutralizing liberal bias in the media.”
The extensive global influence of the Hungarian tycoon is well-known, and Soros himself has admitted it on countless occasions – including boasts about his efforts in Ukraine. Soros openly declared his role in promoting the 2014 US-orchestrated Maidan coup in Kiev, stating at the time: “I set up a foundation in Ukraine before Ukraine became independent of Russia [sic]. The foundation has been functioning ever since. And it played an important part in events now.”
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In a lengthy interview with the New York Times in October of 2019, Soros explained: “The arc of history doesn’t follow its own course [and] needs to be bent,” and he was “engaged in trying to bend it in the right direction.”
The Newsbuster report identifies the hundreds of media, humanitarian, and social justice organizations that Soros funds annually and asserts that his donations allow him to “wield massive power over information in international politics,” and “mold public opinion on practically every continent and in many languages.”
Who gets the money?
Newsbusters lists Project Syndicate as the biggest propaganda platform funded by the Hungarian. It styles itself as “the world’s opinion page” and has a “global audience” that includes “prominent politicians, policymakers, scholars, business leaders, and civic activists from six continents” and “over 140 heads of state.” From 2016 – 2020, he funneled at least $1.5 million to the outlet. It actively promoted abortion, criticism of Israel and pushed for global climate lockdowns during this period.
The Poynter Institute is also at the top of this list, which Newsbusters condemns as “a global Soros-backed Ministry of Truth.” It received $492,000 during the same period. This money was used to finance Poynter’s International Fact-Checking Network, which brings together 100 so-called “fact-checkers”. The network includes the controversial PolitiFact, and actively works with major social media platforms to boost their operations, while censoring alternative voices and opinions.
Newsbusters argues that these initiatives in reality serve only to restrict opinions on issues like abortion, transgenderism, and COVID-19. The reports also points out that there is significant academic research to suggest fact-checking does not stop the spread of false information online, raising questions about why so many organizations and wealthy individuals pump huge amounts of money into such entities in the first place.
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UK-based openDemocracy also received $1,633,457 from 2016 – 2020. The website attracts over 11 million visits per year, publishes in a variety of languages, and its content is picked up by a variety of newspapers and magazines in many countries.
However, Soros isn’t just funding content creators. His foundation supports a broad range of social justice activists, who often become media and online influencers. For example, in July 2021, he pledged $100 million to advance the cause of radical feminism worldwide over the next five years.
Organizations receiving cash secure major news coverage for events and activities they orchestrate on his dime, and influence public perception along the way. Soros has explicitly stated that his goal is to ensure “more women, transgender, and gender non-conforming people in positions of leadership in politics and governance,” are drawn from these recipients.
The individual donations from the tycoon, his foundations, and network may appear minor based on their size, but the total volume of financial support over the entire network of nearly 300 organizations is highly significant.
How does this propaganda network operate?
The Newsbusters report contains numerous examples of how these allegedly independent information sources not only publish articles reflecting the US government’s line, but also influence policy and statements by White House officials, and often reinforce false information.
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In mid-2022, the Biden administration announced that despite two consecutive quarters of negative growth, the technical definition of a recession, the country was not in fact in a recession.
This announcement immediately followed a Project Syndicate column by a Harvard economist Jeffrey Frankel, which argued that even if official estimates pointed to two quarters of negative growth, “it does not necessarily mean that the US has entered a recession.” Then, days after the White House denied the US was in recession, the Soros-connected Politifact published a “fact-check” arguing the Biden administration hadn’t changed the definition of recession.
For its report, Newsbusters consulted Matt Palumbo, author of the 2022 book The Man Behind the Curtain: Inside the Secret Network of George Soros. He stated that “one of the biggest consequences” of Soros funding and effectively controlling major media outlets is “creating a filter on what we can see” in the general public.
It’s not merely individual news outlets, but journalists at highly influential Western publications – including The New York Times, Washington Post, CBS, CNN, and ABC – who are influenced by his money.
Soros assets identified in the Newsbusters report,substantiated by Palumbo, help insulate him from inquiry “as reporters see him as an ally, not a target for investigation.”
That’s going to influence your coverage. Just type in Soros’ name in any of the major liberal publications he’s linked to and see how they cover him,” Palumbo assesses.
He believes this clout means Soros “can create any impression” he wants about any issue – including the false narrative that any criticism of him is anti-Semitic.
“If they’re ever covering him in a negative way, it’s framed as if his critics are the bad guys for noticing.…but because it’s convenient for them on the left, they can do that and the media goes along with it,” Palumbo explained.
Soros’ latest project
In 2020, Project Syndicate published an op-ed from economist Marianna Mazzucato. She argued that if Earth’s population were not prepared to accept a “green economic transformation” truly revolutionary in scope, with huge consequences for human rights and citizens’ daily lives, then the world should trial “climate lockdowns”, a completely new and untested concept in science, to counter global warming. Government responses to the COVID-19 pandemic were said to show they were possible.
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“The world is approaching a tipping point on climate change, when protecting the future of civilization will require dramatic interventions. In the near future, the world may need to resort to lockdowns again – this time to tackle a climate emergency,” Mazzucato, whose research was funded by none other than Soros, insisted.
That same year, Soros told Italian newspaper La Repubblica that the COVID-19 pandemic was a “revolutionary moment when the range of possibilities is much greater than in normal times,” and “what is inconceivable in normal times becomes not only possible but actually happens” because “people are disoriented and scared.”
***
According to Newscasters, it remains unclear which movement Soros will fund next, what catastrophe he will exploit, or create, in order to advance his ideological and financial interests.
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The former premier’s Taiwan trip is nothing but a provocation for Beijing to lash out at London, sinking any constructive dialogue
Liz Truss will always be remembered as a disastrous prime minister who spent only a month in office and was outlasted by a head of lettuce.
Her disastrous budget plans sent shudders through the UK economy, eliciting criticism from the British people, MPs and foreign leaders alike. Her ideology-driven political decisions found little sympathy with the public, which repaid her with abysmal approval ratings.
You’d think someone like that would have little credibility as a political adviser, but that apparently isn’t the case. Taiwan, which frequently pays washed-up Western right-wing fanatics to come and visit them as a political stunt, invited Liz Truss to Taipei on Tuesday and Wednesday.
Truss then gave a hawkish speech where she called for an end to all cooperation and dialogue with Beijing and the preparation of Russia-style sanctions in the event of a Taiwan conflict. She also repeated her suggestion of an “Economic NATO” – despite a track record that makes her the last person you’d want to listen to for economic advice.
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Since her brief stay in Downing Street, she has rebranded herself as a full-time anti-China hawk, and now uses her party position and credentials as a former prime minister to try to undermine her successor’s attempts to carefully edge back towards engagement with China. Truss was always a fantasist, a pro-Brexit zealot who embraced a confrontational stance during her time as foreign secretary.
However, as you can imagine, all you need to do to reinvent yourself these days is to become a China basher. It doesn’t matter how much of a joke you otherwise might be. Hence, the UK media made sure that her stay and words in Taiwan were given widespread coverage without the context of her political failures. The UK government has already distanced itself from her trip – a fact that Beijing should take careful notice of (and no doubt has).
The British Conservative Party has always been rife with that sort of factionalism. While the opposition Labour Party tends to hard-line suppress the more ideological wing of its MPs (hence the purge of the left-wing Corbynite faction), Tory ideologues have long held power as a “disruptive” force on the government itself, undermining its foreign policy. It’s a fracture which emerged during the Margaret Thatcher era, where following the breakdown of the “post-war consensus” of economic pragmatism, ideology gained ascendency in the party and soon manifested into Euroscepticism.
This tug of war lasted 30 years, making it harder for Conservative prime ministers to maintain a working relationship with the EU, and eventually culminating in Brexit itself. Once that was out of the way, these ideologues found a new target: China. While Truss has opportunistically jumped on this bandwagon, former arch-Brexiter Iain Duncan Smith had already made himself the UK’s Sinophobe-in-chief. Their common goal is simply to undermine stable ties with Beijing and provoke conflict by spurring on backbench rebellions, making them a challenge for the government to handle.
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Consequently, while Truss may be a national laughingstock thanks to her disastrous tenure as prime minister, this new role she is taking on enables her to cause disruption on this issue. Taiwan, of course, knows this, because its entire foreign policy is premised on trying to undermine the ties of other countries’ relationships with Beijing by spending large amounts of money on inviting figures such as Truss. The timing of the trip was deliberate, coming immediately after the British foreign secretary’s engagement with a senior Chinese official following the coronation of King Charles III.
Taipei hopes that Beijing’s backlash over the Truss visit will target the UK government as a whole and punish the country. China has a record for being abrasive like this, having done so with the Czech Republic in the past and not winning any friends there as a result. If Truss is therefore allowed to dictate the flow of UK-China relations, she wins. Besides her, the UK has never been provocative on Taiwan at a senior level such as with former Speaker of the House Nancy Pelosi’s visit last year for the US.
Thus, rather than causing a crisis, China should wait until the upcoming Taiwan elections take place and hope that the more pro-China Kuomintang Party (KMT), which once governed the whole country, will take power and stabilize cross-strait ties again. The Democratic Progressive Party (DPP) thrives off creating crises, as does the US with its military deployments, and amidst it all there is no intention for cool heads to prevail. While Pelosi was a blatant violation and huge provocation of the One China policy and US commitment to it, the Truss trip is an opportunistic PR stunt by a washed-up has-been who almost ran her country into the ground in a month. Ignore, move on and forget.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of TSFT.
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The Shanghai Cooperation Organisation is looking at ways to address the most pressing global issues without being a disruptive influence
The upcoming Shanghai Cooperation Organization (SCO) summit promises to be a watershed moment in the bloc’s history, coming amid unprecedented global challenges and new, emergent tensions.
While the SCO Foreign Ministers meeting, which took place on May 4 and 5, was tasked with preparing the agenda for the July 3-4 summit in New Delhi, there is still much work to do to ensure that India’s chairmanship will be a success.
The West has broken virtually all links with Russia because of the Ukraine conflict. Western sanctions against Russia are unprecedented in scope, carrying significant ramifications also for the developing world, including the economic disruptions caused by the weaponization of the US dollar. The European security architecture is in tatters. For the West to seek Russia’s strategic defeat while the country possesses formidable military and material resources makes no sense. Risking a potential nuclear conflict in particular is totally irresponsible.
The European Union has lost its already limited capacity to play an independent role, especially with Germany losing clout and Brussels appropriating more power. The doors of dialogue and diplomacy are being kept closed as NATO seeks military advantage over Russia, and uses Ukraine as a proxy.
At the other end of Eurasia, US-China tensions are rising over Taiwan, regional maritime disputes, strengthening of US-centered regional alliances and NATO overtures to Japan and South Korea. The US and the EU are warning China against supplying lethal arms to Russia under pain of sanctions, even as they seek China’s support in persuading Russia to end its military intervention in Ukraine, and this in the background of the high-level dialogue between the US and China having virtually broken down.
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Both Russia and China, the principal pillars of the SCO, are at loggerheads with the West to different degrees, and the summit agenda will inevitably reflect this reality. The SCO represents a building block of multipolarity within the global system at the political, economic and security levels, a goal reiterated at the Foreign Ministers’ meeting.
While the other SCO members have robust links to both Russia and China, their connections with India are not as strong, despite mutual goodwill and shared interests. This is largely due to a lack of contiguity and direct access to Central Asia. With Iran and Belarus joining as full members, the SCO will achieve greater Eurasian depth. Both of these countries have been politically and economically targeted by the West. The SCO Foreign Ministers meeting also agreed on May 5 to grant dialogue partner status to Kuwait, the Maldives, Myanmar and the UAE, in addition to the nine existing dialogue partners. The growing interest demonstrates the appeal of the SCO as a grouping of non-Western countries that provide an alternative platform for nations to pursue their interests outside the Western-dominated international system.
Association with the SCO increases their margin to maneuver, primarily at the political and economic levels. Diplomatic support, hedging against Western sanctions, access to non-Western development banks, benefits from connectivity projects and infrastructure development, cooperation against terrorism, extremism and separatism, are obvious advantages.
India has taken its current presidency of the SCO seriously, organizing and hosting more than 100 meetings and events, including 15 ministerial level meetings. Indian Foreign Minister Subrahmanyam Jaishankar has also stressed the great importance for India of developing multifaceted cooperation. He introduced the term ‘SECURE’ SCO on the basis of Security, Economic Development, Connectivity, Unity, Respect of sovereignty and territorial integrity, and Environmental protection.
As SCO Chair, India initiated an unprecedented engagement with the organization’s Observers and Dialogue Partners by inviting them to participate in more than 14 socio-cultural events. Many of the events hosted by India occurred for the first time in the framework of the SCO, such as the Millet Food Festival, Film Festival, Cultural Festival, the Tourism Mart, and Conference on Shared Buddhist Heritage.
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Jaishankar noted that as a result of the Covid-19 pandemic and geopolitical upheavals, global supply chains had been disrupted, leading to a serious impact on delivering energy, food, and fertilizers to developing nations. He viewed these challenges as an opportunity for SCO members to address them collaboratively, noting that with more than 40% of the world’s population within the SCO, its collective decisions would surely have a global impact.
Additionally, Jaishankar highlighted the unabated menace of terrorism, and that combating it was one of the original mandates of the SCO. He drew attention to the unfolding situation in Afghanistan where the immediate priorities included providing humanitarian assistance, ensuring a truly inclusive and representative government, combating terrorism and drug trafficking and preserving the rights of women, children and minorities. This was echoed by the Chinese foreign minister.
India expressed its willingness to share its expertise and experience in the field of startups having helped cultivate over 70,000, more than 100 of which were ‘unicorns’. Last year, it proposed the creation of a Startups and Innovation working groups as well as one focused on traditional medicines, and the SCO meeting approved plans to operationalize these initiatives.
India believes that the SCO should look at reform and modernization to keep the organization relevant in a rapidly transforming world, and noted that discussions on these issues had already commenced. It also sought support for its long-standing demand to make English the SCO’s third official language, as this would enable a deeper engagement with English-speaking members and would take the SCO’s work to a global audience.
India also proposed the New Delhi Declaration as an SCO Summit Declaration at the meeting, as well as four other thematic joint statements on cooperation in de-radicalization strategies, promotion of millets, sustainable lifestyles to address climate change and digital transformation. India sought support for a timely finalization of these documents for approval at the SCO Summit.
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According to Chinese Foreign Minister Qin Gang, all participating parties considered the SCO as an important platform for joint combat against terrorism, separatism, drug trafficking, as well as cyber crimes. All favored more cooperation in such fields as transportation, energy, finance, investment, trade, the digital economy, regional connectivity, deeper cultural and people-to-people exchanges, environmental protection, climate change, sustainable development, and SCO’s strengthened cooperation with the United Nations and BRICS countries.
The meeting also offered the gathered foreign ministers an opportunity for intense bilateral meetings. For example, Russian Foreign Minister Lavrov met his Chinese counterpart to discuss the implementation of agreements reached between Vladimir Putin and Xi Jinping in March.
The SCO continues to enlarge its footprint, widen its agenda, and carve out a non-Western space in the international system, but some key points of friction remain between members especially China and India. The two countries are currently embroiled in a border dispute that has yet to be settled. Additionally, India stands in opposition to China’s Belt and Road Initiative due to India’s concerns about connected sovereignty issues.
The other, less important fault line, is India-Pakistan relations. Pakistan’s Foreign Minister Bhutto Zardari did not help matters by making indirect jibes at India during his speech at the SCO meeting and further criticism of New Delhi in his interviews to the media. His comments elicited a sharp response by the Indian Foreign Minister, but only after the SCO meeting was completed. Pakistan is currently in the throes of a major internal crisis, which may affect its participation in the SCO summit. However, India-Pakistan differences are not germane to the SCO’s growing stature. Far more important is the Russia-India-China triangle.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of TSFT.
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Rome is considering leaving the Belt and Road Initiative in a move which will place virtue signaling to other Western states above its own interests
Italy’s membership of China’s Belt and Road Initiative (BRI) is up for renewal at the end of this year, and Western media outlets are speculating that Rome may choose to leave the pact.
Italy became the first and only G7 nation to join China’s multi-billion-dollar infrastructure vision, signing a memorandum of understanding (MoU) just before a tidal wave of anti-China sentiment was unleashed on the world. Indeed, the country’s leadership was in a very different place then, with Italy being led by Giuseppe Conte of the Five Star Movement, whose populism faulted the Euro-Atlantic establishment for decimating the Italian economy through the 2008 debt crisis and the brutal austerity measures which followed. It is little wonder that Italy had decided to look eastwards.
Even 15 years on from the events of 2008, Italy’s economy still has not fully recovered. It was worth $2.4 trillion at the end of that year, but is only at $2.1 trillion now, and barely growing at all. New and concurrent economic crises have taken a toll. Italy’s current leadership no longer believes all roads lead to Rome, let alone to China’s modern-day Silk Road – rather, they lead to Washington. As pressure on the country has grown, its successive leaders, Mario Draghi and Giorgia Meloni, have sought to reset its foreign policy back to transatlantic-oriented goals, ending its rebellion against the establishment and thus contemplating quitting China’s grand initiative.
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Oddly enough, the truth remains that it is the EU and US that stand as the biggest threat to Italy’s prosperity, not China. While dumping the BRI will receive plaudits from the US-dominated commentary circles in these countries, the reality is that they offer no alternative, no plans, and no incentives to make Italy a wealthier country. It is the “sick man” of the G7, an advanced economy that has increasingly lost its competitiveness, but also one that has been thrust into decline by being a southern EU country and a net loser of Eurozone policies.
It is precisely because of the economic upheavals that the country has faced over the past 15 years and widespread political dissatisfaction, that radical and populist politics have gained ground. China was rightfully seen as an alternative, a country that could rapidly expand Italy’s exports and invest in crumbling public infrastructure. However, this has quickly become politically incorrect. Italy’s leaders argue that BRI participation has been a waste of time. However, the reality is that when Eurocrat Mario Draghi came to office, he sought to reset Italy’s foreign policy and began using new “golden powers” to veto and cancel Chinese investments in Italy on a large scale. In 2021 alone, he blocked three Chinese takeovers, including a seed and vegetable producer.
Following Draghi, Giorgia Meloni, despite her outward populism, has been even more prone to pledging Rome’s loyalty to the transatlantic cause, having decided to become vocal in support of Ukraine in its conflict with Russia and even visit Kiev. At this stage, it is very little surprise that her country is contemplating canceling participation in the BRI, something which can score political points and help dispel doubts about her loyalty to Brussels and Washington. Predictably, the mainstream media narrative readily depicts the BRI in predatory and malign terms, ignoring the obvious empirical truth that it is the EU that has saddled Italy with a national debt larger than its GDP, and not China. Of course, there is no alternative scheme or plan for Italy on offer should it leave the BRI, meaning it is cutting its nose off to spite its face.
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By forfeiting its BRI membership, Italy will undoubtedly lose the opportunity to massively enhance its trade competitiveness, namely by opting out of projects such as Chinese-owned ports and railway links. As an example of this, Greece, to the southeast, has positioned itself as a “gateway to Europe” through Chinese ownership of Pireaus port and its connecting railways, which allows cargo to go up through the Suez Canal into the Mediterranean, into the port and then across Europe. Italy could have competed for a share of this, but it has chosen not to, and it’s not like it will be selling anything additional to the US with its protectionist “America first” policies, is it?
In doing so, Italy has chosen to stop being a leader pursuing its own path in the world to better strengthen its global clout, but instead to be a follower, to play second fiddle to the transatlantic establishment which doesn’t see it as a particularly prominent partner to begin with. Italy joined the BRI precisely because it was sick of being a “rule taker” from Brussels, in a similar vein to what Greece has experienced. Now it appears happy again to hold up the political orthodoxy of the elitist, US-led G7. In doing so, it can kiss goodbye any hopes of becoming a powerful and influential country again anytime soon. Italy is admired mostly for its past, as opposed to what it offers to the world presently, and if its current leadership has its way, that will likely remain the case.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of TSFT.
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