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China’s $1 Billion Sweetheart Road to Nowhere in Montenegro
Commentary
Montenegro, a tiny Balkan nation of under a million inhabitants and about $5.5 billion in GDP (2019), borrowed $1 billion from China to pay China, to build its first highway, that is now stalled after reaching only 24 percent of its planned length. If that makes your head spin, it’s because China is running circles around this poor little country in Europe’s southeast. And you know what? That country reminds me of America.
Plans for the 170-kilometer (106-mile) highway include 90 tunnels and 40 bridges, all to be built by a Chinese infrastructure company. Now that Montenegro can’t pay back the loan, construction stopped, Europe refused to bail the country out, and clauses in the contract could give China “sovereignty of certain parts of the land,” according to a recent investigation by Hans von der Brelie in EuroNews.
January 7, 2021 Press Release
Washington, D.C. – Speaker Nancy Pelosi held her weekly press conference today in the Capitol Visitor Center. Below are the Speaker’s remarks:
Speaker Pelosi. Good afternoon. I don t know if the word ‘good’ is the way to describe it, but – because yesterday, the President of the United States incited an armed insurrection against America, the gleeful desecration of the U.S. Capitol, which is the temple of – of our American democracy, and the violence targeting Congress are horrors that will forever stain our nation s history, instigated by the President of the United States. That s why it s such a stain.
Pelosi was Friday’s KVML “Newsmaker of the Day”. Here are her words:
“Good afternoon. I don’t know if the word ‘good’ is the way to describe it, but – because yesterday, the President of the United States incited an armed insurrection against America, the gleeful desecration of the U.S. Capitol, which is the temple of – of our American democracy, and the violence targeting Congress are horrors that will forever stain our nation’s history, instigated by the President of the United States. That’s why it’s such a stain.
In calling for this seditious act, the President has committed an unspeakable assault on our nation and our people. I joined the Senate Democratic Leader in calling on the Vice President to remove this President by immediately invoking the 25th Amendment. If the Vice President and Cabinet do not act, the Congress may be prepared to move forward with impeachment. That is the overwhelming sentiment of my Caucus, and the American people, by t
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