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The Eurasian Economic Union (EAEU or EEU)[note 1] is an economic union of states located primarily in northern Eurasia. A treaty aiming for the establishment of the EEU was signed on 29 May 2014 by the leaders of Belarus, Kazakhstan and Russia, and came into force on 1 January 2015.[7] Treaties aiming for Armenia's and Kyrgyzstan's accession to the Eurasian Economic Union were signed on 9 October 2014 and 23 December, respectively. Armenia's accession treaty came into force on 2 January 2015.[8] Kyrgyzstan's accession treaty came into effect on 6 August 2015.[9][10] It participated in the EEU from the day of its establishment as an acceding state.[11][12] In 1994, the President of Kazakhstan, Nursultan Nazarbayev, first suggested the idea of creating a "Eurasian Union"[13][14] during a speech at Moscow State University. Numerous treaties were subsequently signed to establish the trading bloc gradually. Many politicians, philosophers and political scientists have since called for further integration towards a political, military and cultural union.[15][16] However modern-day Kazakhstan has insisted the union stay purely economic as it seeks to keep its independence and sovereignty intact.[17][18][19] In spite of that, two EAEU member states—Belarus and Russia—form a political union: the Union State; and all EAEU member states participate in the Collective Security Treaty Organization, an intergovernmental mutual defense alliance.

The Eurasian Economic Union has an integrated single market of 183 million people and a gross domestic product of over 4 trillion U.S. dollars (PPP).[20] The EEU introduces the free movement of goods, capital, services and people and provides for common transport, agriculture and energy policies, with provisions for a single currency and greater integration in the future.[21][22][23] The union operates through supranational and intergovernmental institutions. The Supreme Eurasian Economic Council is the "Supreme Body" of the Union, consisting of the Heads of the Member States. The other supranational institutions are the Eurasian Commission (the executive body), the Eurasian Intergovernmental Council (consisting of the Prime Ministers of member states) and the Court of the EEU (the judicial body).

Putin announced that Russia has cancelled the South Stream project on December 1, 2014. Instead the South Stream pipeline project has been replaced by a natural gas pipeline that goes across the Black Sea to Turkey from the Russian Federation’s South Federal District. This alternative pipeline has been popularly billed the «Turk Stream» and partners Russian energy giant Gazprom with Turkey’s Botas. Moreover, Gazprom will start giving Turkey discounts in the purchase of Russian natural gas that will increase with the intensification of Russo-Turkish cooperation. The natural gas deal between Ankara and Moscow creates a win-win situation for both the Turkish and Russian sides. Not only will Ankara get a discount on energy supplies, but Turk Stream gives the Turkish government what it has wanted and desired for years. The Turk Stream pipeline will make Turkey an important energy corridor and transit point, complete with transit revenues. In this case Turkey becomes the corridor between energy supplier Russia and European Union and non-EU energy customers in southeastern Europe. Ankara will gain some leverage over the European Union and have an extra negotiating card with the EU too, because the EU will have to deal with it as an energy broker.

For its part, Russia has reduced the risks that it faced in building the South Stream by cancelling the project. Moscow could have wasted resources and time building the South Stream to see the project sanctioned or obstructed in the Balkans by Washington and Brussels. If the European Union really wants Russian natural gas then the Turk Stream pipeline can be expanded from Turkey to Greece, the former Yugoslav Republic (FYR) of Macedonia, Serbia, Hungary, Slovenia, Italy, Austria, and other European countries that want to be integrated into the energy project. The cancellation of South Stream also means that there will be one less alternative energy corridor from Russia to the European Union for some time. This has positive implications for a settlement in Ukraine, which is an important transit route for Russian natural gas to the European Union. As a means of securing the flow of natural gas across Ukrainian territory from Russia, the European Union will be more prone to push the authorities in Kiev to end the conflict in East Ukraine.

From the perspective of Russian Presidential Advisor Sergey Glazyev, the US is waging its multi-spectrum war against Russia to ultimately challenge Moscow’s Chinese partners. In an insightful interview, Glazyev explained the following points to the Ukrainian journalist Alyona Berezovskaya — working for a Rossiya Segodnya subsidiary focusing on information involving Ukraine — about the basis for US hostility towards Russia: the bankruptcy of the US, its decline in competitiveness on global markets, and Washington’s inability to ultimately save its financial system by servicing its foreign debt or getting enough investments to establish some sort of innovative economic breakthrough are the reasons why Washington has been going after the Russian Federation. [13] In Glazyev’s own words, the US wants «a new world war». [14] The US needs conflict and confrontation, in other words. This is what the crisis in Ukraine is nurturing in Europe. Sergey Glazyev reiterates the same points months down the road on September 23, 2014 in an article he authors for the magazine Russia in Global Affairs, which is sponsored by the Russian International Affairs Council — a think-tank founded by the Russian Foreign Ministry and Russian Ministry of Education 2010 — and the US journal Foreign Affairs — which is the magazine published by the Council on Foreign Relation in the US. In his article, Glazyev adds that the war Washington is inciting against Russia in Europe may ultimately benefit the Chinese, because the struggle being waged will weaken the US, Russia, and the European Union to the advantage of China. [15] The point of explaining all this is to explain that Russia wants a balanced strategic partnership with China. Glazyev himself even told Berezovskaya in their interview that Russia wants a mutually beneficial relationship with China that does reduce it to becoming a subordinate to Beijing. [16]

The Eurasian Economic Union (EEU) is considering the launch of a currency union within the 170 million inner market that was launched in January 2015. The Presidents of the EEU member States agreed to continue their work at coordinating the Union’s monetary policy.  After meetings with the Presidents of Belarus and Kazakhstan in Astana, Russian President Vladimir Putin told the press that the EEU member States are discussing the establishment of a currency union and continue coordinating monetary policy, reports the Belarus news agency BelTa. The news agency quotes Putin as saying:

Putin described talks with Belarus President Alexander Lukashenko and Kazakhstan’s President Nursultan Nazarbayev in Astana on March 20 as “very intensive and informative”. President Nursultan Nazarbayev is widely regarded as the intellectual mastermind of a post-Soviet Union political and economic integration. The three heads of State reportedly discussed a wide range of issues about Belarus, Kazakhstan and Russia. The aggregate GDP of the troika amounts, according to BelTa, to 85% of the GDP of the CIS with Russia ranking first, followed by Belarus and Kazakhstan on a shared second place. The establishment of the EEU in January and discussions about the establishment of a currency union come against the backdrop of a series of US, UK, EU, G7 sanctions against Russia over the situation in Ukraine, with Germany, France, Czech Republic, Slovakia and some other European nations being reluctant about obstructing European – Russian relations. Especially strong French and German lobbies would rather see a closer cooperation between the EU and the EEU than a predominantly US/UK dominated policy of tensions that aims at maintaining an US/UK hegemony in Europe and a global dollar-dominated economy.

“We think that the time has come to talk forming a currency union in the future. … It is easier to protect the common financial market when working shoulder by shoulder”.

The Syrian Prime Minister Wael Halqi has said joining the Eurasian Economic Union (EEU) will allow Damascus easier economic and trade cooperation with friendly nations. Russia and Belarus are also discussing a new loan to Syria. READ MORE: Thailand to apply for free trade zone with EEU by 2016 - minister "Negotiations with Russia on joining the Eurasian Union and customs-free zone are being held. We see this as a benefit and strengthening the relations with friendly states, which will facilitate economic and trade cooperation with them," said Halqi in an interview with RIA Novosti Tuesday.According to the prime minister, Russia and Syria have signed a number of contracts for the construction of gas processing plants, irrigation facilities and power stations. In 2013, an agreement was signed for Russian companies to develop oil fields on the Syrian coast. The first phase is worth $88 million and will last for five years.The countries are also discussing the expanding of loans to Damascus."Negotiations with Russia and Belarus on the provision of new lines of credit continue. It will help to meet the needs of production, create new opportunities for the development of the internal market and economic process," said the prime minister.

He expressed the hope that Russia would help the Syrian government "to cope with the brutal attacks, including the unjust economic sanctions imposed by the West."Halqi said that credits between Iran and Syria have already been implemented. The two countries have signed and implemented two lines of credit, of which $3.6 billion Tehran has allocated for projects related to oil and $1 billion for the delivery of humanitarian aid, including food, medicines, hospital equipment and components for power plants.The prime minister said that Syria appreciates all the efforts made by the Russian leadership to maintain the policy and economy of Syria during the years of crisis, and specifically thanked Moscow for donating 100,000 tons of wheat as humanitarian aid to the Syrian people.

The Supreme Eurasian Economic Council convenes in the Russian capital Moscow on Tuesday, December 23. The summit will be the final meeting before the formal establishment of the Eurasian Economic Union (EEU) on January 1, 2015 and the expected accession of Armenia and Kyrgyzstan on respectively January 2, and May 15, 2015.  The Council convenes in Moscow to add the finishing touches before the formal establishment of the EEU, which constitutes a customs, trade and consumer potential of more than 170 million people. The EEU is the largest economic union in the post-Soviet era, reports the Russian news agency Tass.

The news agency quoted the spokesman of Russian President Vladimir Putin, Yury Ushakov, as saying that the EEU is guided by the principles of the World Trade Organization (WTO) and that it will afford the free movement of goods, services, capital as well as labor force within the Union. The Supreme Eurasian Economic Council is, thus far, constituted by the heads of State of  Belarus, Kazakhstan and Russia. It is expected that the three heads of State also will make announcements pertaining the finalization of the procedures for the membership of Armenia as constituent of the EEU. Armenia is expected to join the EEU on January 2, 2015. Moreover, Kyrgyzstan is expected to join the Union on May 15, 2015 after the ratification of additional protocols.

A decision on the presidency over the EEU is also expected to be announced after the Council’s meeting on Tuesday. The presidency over the EEU will circulate in alphabetical order, said Ushakov. Another item on the agenda of the Council will be discussions on issues pertaining the cooperation between the EEU, its constituents, and foreign partners. In particular, are mentioned Egypt, India, Israel and Vietnam. Ushakov added that there also exist plans for the signing of cooperation memorandums with the Association of South East Asian Nations (ASEAN) as well as with the Latin American MERCOSUR.

The Ukrainian Parliament, on Tuesday, December 23, voted for abandoning Ukraine’s neutral status and set the country on course for a NATO membership. The CSTO countered by integrating its constituent armed forces with the Russian Command and Control Center. Russian Foreign Minister Sergey Lavrov described Kiev’s decision as counterproductive while Belarus President Lukashenko asserted his country’s commitment to the collective defense within the CSTO and within the framework of the Eurasian Economic Union. 

Lavrov noted that the decision escalates confrontations and creates the illusion that the profound internal crisis in Ukraine can be resolved through the adoption of such laws. Russian Prime Minister Dmitry Medvedev noted on his Facebook page that Ukraine’s no-aligned status was “in essence an application to enter NATO, turning Ukraine into a potential military opponent of Russia”. Russia’s Ambassador to the OSCE, Andrei Kelin commented on Kiev’s decision, describing it as unfriendly, and as adding trouble and tension to the Russian-Ukrainian relationship.

It is noteworthy that former French Foreign Minister Roland Dumas, who participated in the negotiations about Germany’s reunification, repeatedly stressed that the understanding that NATO wouldn’t station weapons or troops in any of the former Warsaw Pact member States or expand eastwards was “the essence of peace”. In an interview with l’Humanité.fr in September, Dumas said: “This was the essence of peace. Everyone was in agreement… Well, the Americans do not heed. They transported weapons to the Baltic countries and Poland. Hence the controversy when Putin came to power”.

It has been a while since both Ukraine, and the ongoing Russian response to western sanctions (which set off the great Eurasian axis in motion, pushing China and Russia close together, and accelerating the "Holy Grail" gas deal between the two countries) have made headlines. It is still not clear just why the western media dropped Ukraine coverage like a hot potato, especially since the civil war in Ukraine's Donbas continues to rage and claim dozens of casualties on both sides. Perhaps the audience has simply gotten tired of hearing about mixed chess/checkers game between Putin vs Obama, and instead has reverted to reading the propaganda surrounding just as deadly events in the third war of Iraq in as many decades. However, "out of sight" may be just what Russia's political elite wants. In fact, as VoR's  Valentin Mândr??escu reports, while the great US spin and distraction machine is focused elsewhere, Russia is already preparing for the next steps. Which brings us to Putin advisor Sergey Glazyev, the same person who in early March was the first to suggest Russia dump US bonds and abandon the dollar in retaliation to US sanctions, a strategy which worked because even as the Kremlin has retained control over Crimea, western sanctions have magically halted (and not only that, but as the Russian central bank just reported, the country's 2014 current account surplus may be as high as $35 billion, up from $33 billion in 2013, and a far cry from some fabricated "$200+ billion" in Russian capital outflows which Mario Draghi was warning about recently). Glazyev was also the person instrumental in pushing the Kremlin to approach China and force the nat gas deal with Beijing which took place not necessarily at the most beneficial terms for Russia.

It is this same Glazyev who published an article in Russian Argumenty Nedeli, in which he outlined a plan for "undermining the economic strength of the US" in order to force Washington to stop the civil war in Ukraine. Glazyev believes that the only way of making the US give up its plans on starting a new cold war is to crash the dollar system. As summarized by VoR, in his article, published by Argumenty Nedeli, Putin's economic aide and the mastermind behind the Eurasian Economic Union, argues that Washington is trying to provoke a Russian military intervention in Ukraine, using the junta in Kiev as bait. If fulfilled, the plan will give Washington a number of important benefits. Firstly, it will allow the US to introduce new sanctions against Russia, writing off Moscow's portfolio of US Treasury bills. More important is that a new wave of sanctions will create a situation in which Russian companies won't be able to service their debts to European banks. According to Glazyev, the so-called "third phase" of sanctions against Russia will be a tremendous cost for the European Union. The total estimated losses will be higher than 1 trillion euros. Such losses will severely hurt the European economy, making the US the sole "safe haven" in the world. Harsh sanctions against Russia will also displace Gazprom from the European energy market, leaving it wide open for the much more expensive LNG from the US.

Co-opting European countries in a new arms race and military operations against Russia will increase American political influence in Europe and will help the US force the European Union to accept the American version of the Transatlantic Trade and Investment Partnership, a trade agreement that will basically transform the EU into a big economic colony of the US. Glazyev believes that igniting a new war in Europe will only bring benefits for America and only problems for the European Union. Washington has repeatedly used global and regional wars for the benefit of  the American economy and now the White House is trying to use the civil war in Ukraine as a pretext to repeat the old trick. Glazyev's set of countermeasures specifically targets the core strength of the US war machine, i.e. the Fed's printing press. Putin's advisor proposes the creation of a "broad anti-dollar alliance" of countries willing and able to drop the dollar from their international trade. Members of the alliance would also refrain from keeping the currency reserves in dollar-denominated instruments. Glazyev advocates treating positions in dollar-denominated instruments like holdings of junk securities and believes that regulators should require full collateralization of such holdings. An anti-dollar coalition would be the first step for the creation of an anti-war coalition that can help stop the US' aggression.

The European Union’s Foreign Policy Chief, Federica Mogherini, argued that the EU should improve its ties to Moscow and re-engage in diplomacy and trade as gradual steps to ease tensions and toward resolving the crisis in and about Ukraine. The EU’s Foreign Ministers will convene on January 19 to discuss the normalization of EU – Russian relations and relations between the EEU and the EU. Mogherini‘s statement followed one week after French President Francois Hollande made a similar statement on France-Inter which was drowned by the media spectacle created due to the attack on the French cartoon magazine Charlie Hebdo and related incident which occurred less than 48 hours after Hollande’s landmark statement.

Hollande stressed that the regime of sanctions against Moscow must end, and be disbanded as progress on Ukraine is being made within the Normandy Framework. That is, without direct participation of the United States and the UK. A meeting of EU foreign ministers on January 19 in Brussels will reportedly focus on a more positive approach toward Moscow and a more proactive approach with regard to solving the crisis in and about Ukraine. Mogherini said that taking into consideration a common aim of a free trade from Lisbon to Vladivosok, the EU should study the possibility of expanding trade with Russia as well as with the Eurasian Economic Union (EEU) which came into effect on January 1, 2015. Mogherini reportedly that: “There are significant interests on both sides, which may be conflicting but could serve as a basis for trade-offs and could imply a give and take approach.”

The EU Foreign Policy Chief also noted that the EU should consider reviewing joint efforts between the EU and Russia to solve problems pertaining Syria, Iraq, Libya, Iran, North Korea (DPRK) and Palestine. The Russian News agency Tass reports that Russian Prime Minister Dmitry Medvedev, for his part, stated at the Gaidar Economic Forum on Wednesday, that he hopes Moscow would be able to return relations with the European Union to normal soon. It is noteworthy that Hollande’s, during his statement on France-Inter, last week, stressed that Russian President Vladimir Putin had personally assured him that Moscow has no plans, whatsoever, to annex any part of Ukraine’s Donbass region. Russia does, however, consider the predominantly Russian-speaking regions in southern and eastern Ukraine as its sphere of interests and perceives NATO’s eastwards expansion as a threat to Russia’s security.

Egyptian President Abdel Fattah al-Sisi has hailed the economic and security relationship between Egypt and Russia, and announced the establishment of a “free trade zone” between Egypt and the Russian-led Eurasian Economic Union (EEU).

Sisi also announced a strengthening of trade relations between the two countries, culminating in a preliminary agreement to create a Russian industrial zone in Egypt, near the Suez Canal. The pair also said that they would set up a nuclear power plant designed to “help Egypt reach its energy needs”. Egypt had taken steps in the early 1980s to launch a nuclear plant to produce electricity in Dabaa but it was shut down after the Chernobyl disaster in 1986. The EEU currently consists of Russia, Armenia, Belarus, Kyrgyzstan and Kazakhstan and has generally been seen as an attempt by Russia to provide a counterweight to the European Union (EU).

The decision by Egypt to increase its bilateral trade with Russia is likely to further increase tensions with the EU and the US, who have placed sanctions on Russia over its alleged interference in the Ukraine conflict. It is possible the meet might also upset wealthy Gulf donors who have clashed with Moscow over its support of Syrian President Bashar al-Assad.

And that brings us once again to Henry Kissinger, the putative dalang — puppet master — of Trump’s foreign policy. As leaked late last year in Germany’s Bild Zeitung newspaper, Kissinger has drafted a plan to officially recognize Crimea as part of Russia and lift the Obama administration’s economic sanctions.

The plan fits into Kissinger’s overall strategy — call it a traditional British Balance of Power, or Divide and Rule, approach — of breaking up the Eurasian front (Russia-China-Iran) that constitutes the real “threat” to what Mattis defines as the “established world order.” The strategy consists in seducing the alleged weaker top “threat” (Russia) away from the stronger (China), while keeping on antagonizing/harassing the third and weakest pole, Iran. Kissinger is certainly more sophisticated than predictable US Think Tankland in his attempt to dismember the Shanghai Cooperation Organization, one of key nodes of the Russia-China strategic partnership. The SCO has been on the go for a decade and a half now. Iran, an observer, will soon become a full member, as will India and Pakistan; and Turkey — after the failed coup against Erdogan — is being courted by Moscow. German analyst Peter Spengler adds a juicy teaser — if Kissinger’s “Metternichian approach would include some degree of ‘harmonization’ with Russia, how will a Trump presidency then manage to contain the re-engineered ally Germany?” After all, a key priority for sanctions-averse German industrialists is to vastly expand business with Russia.

Kissinger’s strategy essentially tweaks the early 1970s Trilateral Commission, largely advanced by his rival dalang Dr Zbigniew “Grand Chessboard” Brzezinski, according to which geopolitics is to be managed by North America, Western Europe and Japan.

The late January visit to Armenia by Iranian Foreign Minister Javad Zarif got little media attention, but it could have significant ramifications for geopolitics in Eurasia. Specifically, the trip could help Russia gain a trade outlet that softens the blow of Western sanctions.

Most significantly, Zarif said Iran has “no restrictions” in developing ties with Armenia, highlighting two areas in particular – transportation and trade. On both fronts, the role of Russia looms large. First, both Tehran and Yerevan have emphasized the need to make progress on the construction of the Southern Armenia Railway, a project that would better link the two countries. On the issue of trade, Zarif praised Armenia’s accession to the Russia-dominated Eurasian Economic Union (EEU) and pointed to it as a potentially important development for Iran.

a Russian angle to the construction of the Southern Armenia Railway is apparent. As Prime Minister Abrahamyan put it, “Iran and Armenia can jointly produce agricultural products and export them to Eurasia” via the proposed rail project. However, both Moscow and Tehran evidently have much greater ambitions than just providing an outlet to and from the small Armenian market. Iran’s trade with Armenia is only about $300 million per year, a tiny share of its overall trade. The 470-km rail project, which was first proposed in 2010 and has remained largely on the drawing board since then, is seen as a missing link in a North-South Eurasian trade corridor connecting the Persian Gulf to the Black Sea. Its construction would give both Iran and Russia an important alternative outlet for trade. The significance of the project is also reflected in President Vladimir Putin’s announcement back in September 2013 to contribute $429 million in financing for the multi-billion-dollar rail project. Given its current economic woes, there is no longer a guarantee that Russia could follow through on Putin’s pledge. Still, Russian diplomatic and economic interests in Iran are intensifying.

The European Union could significantly scale back sanctions and resume discussions with Russia on issues from visa-free travel, cooperation with the Moscow-led Eurasian Economic Union and the crisis in Libya, Syria and Iraq if Russia moves to end the crisis in eastern Ukraine, according to an EU discussion paper. While insisting the EU cannot return to "business as usual" with Moscow, the paper suggests the EU consider gradually normalizing many aspects of its ties with Russia in what would be a significant shift in relations.

The paper, which hasn't yet been sent to member states, was prepared by the EU's foreign-policy arm ahead of a meeting of the bloc's foreign ministers in Brussels on Monday. No immediate decisions are expected from that meeting where the EU's medium-term approach to Russia is the main item on the agenda. EU energy chief Maros Sefcovic will visit Moscow on Wednesday for discussions with top officials from the government and the state gas company Gazprom.

with some signs that the situation in eastern Ukraine could stabilize--or at least not deteriorate--there have been growing calls to seek ways out of the stalemate. Within days of taking office, European Commission President Jean-Claude Juncker met with Russian President Vladimir Putin at the Group of 20 leaders meeting in Brisbane, Australia. EU foreign policy chief Federica Mogherini has said that she will visit Moscow in early 2015 and insisted dialogue must be maintained. The paper raises the question of whether the EU needs "a more proactive approach," including a series of possible trade-offs, to induce policy change from Russia. "Such a process would need to be selective and gradual, and commensurate with the degree to which Russia responds positively," the paper said.

The disaster in Ukraine may be termed aggression against Russia by the U.S. and its NATO allies. This is a contemporary version of Euro-fascism, which differs from the previous face of fascism during World War II in that it employs “soft” power with just some elements of armed action in cases of extreme necessity, as well as the use of Nazi ideology as a supplementary rather than an absolute ideology. One of the main defining elements of Eurofascism has been preserved, however, and that is the division of citizens into superior ones (those who support the “European choice”) and inferior ones, who have no right to their own opinions and toward whom all is permitted. Another feature is the readiness to use violence and commit crimes in dealing with political opponents. The final aspect that needs to be understood, is what drives the rebirth of fascism in Europe; without grasping this, it is impossible to develop a resistance plan and save the Russian world from this latest threat of Euro-occupation.

The theory of long-term economic development recognizes an interrelationship between long waves of economic activity and long waves of military and political tension. Periodic shifts from one dominant technological mode to the next alternate with economic depressions, wherein increased government spending is used as an incentive for overcoming the crisis. The spending is concentrated in the military-industrial complex, because the liberal economic ideology allows enhancement of the role of the state only for national security objectives. Therefore, military and political tension is promoted and international conflicts provoked, to justify increased defense spending. This is what is happening at present: the U.S. is attempting to resolve its accumulated economic, financial, and industrial imbalances at other countries’ expense, by escalating international conflicts that will allow it to write off debts, appropriate assets belonging to others, and weaken its geopolitical rivals. When this was done during the Great Depression of the 1930s, the result was World War II. The American aggression against Ukraine pursues all of the above-mentioned goals. First, economic sanctions against Russia are intended to wipe out billions of dollars of U.S. debt to Russia. A second objective is to take over Ukrainian state assets, including the natural gas transport system, mineral deposits, the country’s gold reserves, and valuable art and cultural objects. Third, to capture Ukrainian markets of importance to American companies, such as nuclear fuel, aircraft, energy sources, and others. Fourth, to weaken not only Russia, but also the European Union, whose economy will sustain an estimated trillion-dollar loss from economic sanctions against Russia. Fifth, to attract capital flight from instability in Europe, to the USA.

Thus, war in Ukraine is just business for the United States. Judging by reports in the media, the U.S. has already recouped its spending on the Orange Revolution and the Maidan by carrying off treasures from the ransacked National Museum of Russian Art and National Historical Museum, taking over potential gas fields, and forcing the Ukrainian government to switch from Russian to American nuclear fuel supplies for its power plants. In addition, the Americans have moved ahead on their long-term objective of splitting Ukraine from Russia, turning what used to be “Little Russia” into a state hostile to Russia, in order to prevent it from joining the Eurasian integration process. This analysis leaves no room for doubt about the long-term and consistent nature of the American aggression against Russia in Ukraine. Washington is directing its Kiev puppets to escalate the conflict, rather than the reverse. They are also inciting the Ukrainian military against Russia, aiming to drag Russian ground forces into a war against Ukraine. They are encouraging the Nazis there to initiate new combat operations. This is a real war, organized by the United States and its NATO allies. Just like 75 years ago, it is being waged by Eurofascists against Russia, with the use of Ukrainian Nazis cultivated for this purpose.

Russia is about to take another major step towards liberating the Ruble from the Dollar System. Its Finance Ministry just revealed it is considering issuing Russian state debt in Chinese Yuan. That would be an elegant way to decouple from the dependence and blackmail pressures from the US Treasury financial terrorism operations while at the same time strengthening the bonds between China and Russia–Washington’s worst geopolitical nightmare.

Russian Deputy Minister of Finance, Sergei Storchak, announced that his ministry is making a careful study of what would be required to issue Russian bonds denominated in Chinese Yuan. The latest news is part of a long-term strategy between Russia and China that goes at the heart of American hegemony—the role of the dollar as the leading world central bank reserve currency. The dollar is used in some 60% of central bank reserves today. The second largest is the Euro. Now clearly China is carefully moving, as the world’s largest trading nation, to create its Renminbi or Chinese Yuan as another major reserve currency. That has huge geopolitical implications. So long as the US dollar is leading reserve currency, the world must de facto buy US dollar Treasury bonds for its reserves. That has allowed Washington to have budget deficits since 1971 when the dollar left the gold exchange standard. In effect, China, Japan, Russia, Germany—all trade surplus countries, finance Washington’s deficits that allow her to make wars around the world. It is a paradox that Russia and China at least, are determined to end as soon as possible.

What all this indicates is that Russia and China are carefully planning a long-term strategy of getting out from dependence on the US currency, something that, as the US sanctions last year revealed, make both countries vulnerable to US currency wars of devastating impact. China has just been accepted “in principle” by the Group of 7 finance ministers to have its yuan included in the International Monetary Fund basket of currencies making up IMF Special Drawing Rights. Today only US dollar, Euro and Japanese Yen are included in the basket. Including the yuan would be a huge step towards making the yuan a recognized international reserve currency, and at the same time would weaken the dollar share. China’s foreign reserves consist overwhelmingly of US dollar claims, mainly US Treasury bonds, which is a strategic weakness, because in case of war these can be frozen, as Iran knows too well. It is imperative for China to increase the gold content of the reserves and to diversify the rest into other currencies. China has also agreed with Russia to unify the new Silk Road high-speed rail project with Russia and Russia’s Eurasian Economic Union. At the same time Beijing has announced it is creating a huge $16 billion fund to develop gold mines along the rail route linking Russia and China and Central Asia. That suggests plans to greatly build up gold as central bank reserve share. China’s central bank has greatly increased its gold holdings in recent years, though whether it is now greater than the alleged Federal Reserve gold holdings of 8000 tons is not yet public. It is expected China must reveal its gold reserves on being formally accepted into the IMF SDR basket perhaps later this year.

Russia and Iran plan to create a joint account for national currency trade, Iranian Ambassador to Russia Mehdi Sanaei told RIA Novosti in an interview Tuesday. "Both sides plan to create a joint bank, or joint account, so that payments may be made in rubles and rials and there is an agreement to create a working group [for this]," Sanaei said. The Iranian ambassador added that relations between Moscow and Tehran "are actively developing" and that 2014 was "a very fruitful year" for both countries. The Iranian Central Bank deputy governor announced last week that it suspended the use of the US dollar in foreign trade transactions, adding that bilateral currency swap agreements were under consideration.

The ambassador also said that Tehran expects to sign a contract or memorandum of mutual understanding in 2015 with the Eurasian Economic Union to begin exports to Russia. “I think that in 2015 we need to work on this so that Iran has concrete economic contracts with the EEU…Iran plans to use this opportunity for its exports to Russia and other [countries],” Sanaei said.

Speaking about export Iranian ambasaador expressed hope that country's producers will get approval to export dairy and meat products to Russia by March of this year. “The first delivery of shrimp and trout to Russia was announced this week. All that remains is that companies that produce dairy and meat products also receive approval on the export of their goods to Russia,” Sanaei said.

as time goes by, the magnetic power of the Chinese economy is moving ever closer to Europe.  Just two years ago, the Chinese became the Middle East’s largest trading partner, leaving the European Union in second place and the United States in third.  By then, China was already Africa’s largest trading partner, having displaced the U.S. some years earlier. This may not be making headlines here, but it’s no small thing.  The economic rise of China, especially in areas where the U.S. had committed so much in blood, sweat, and drones, should take anyone’s breath away.  Fortunately, TomDispatch’s peripatetic Eurasian correspondent Pepe Escobar (the man who invented the term “Pipelineistan” for the web of energy conduits that crisscross that vast continental area) arrives in the nick of time to offer us a view from Beijing of an economy still staggeringly on the rise and the plans of the Chinese leadership, from Asia to Europe, for knitting together what, if it happened, might indeed someday be seen as a new world economic order. Tom

In 1964, the year Dr Strangelove was made, "the missile gap" was the false flag. To build more and bigger nuclear weapons and pursue an undeclared policy of domination, President John F Kennedy approved the CIA's propaganda that the Soviet Union was well ahead of the US in the production of intercontinental ballistic missiles. This filled front pages as the "Russian threat". In fact, the Americans were so far ahead in production of the missiles, the Russians never approached them. The cold war was based largely on this lie.

Since the collapse of the Soviet Union, the US has ringed Russia with military bases, nuclear warplanes and missiles as part of its Nato enlargement project. Reneging on the Reagan administration's promise to the Soviet president Mikhail Gorbachev in 1990 that Nato would not expand "one inch to the east", Nato has all but taken over eastern Europe. In the former Soviet Caucasus, Nato's military build-up is the most extensive since the second world war.In February, the US mounted one of its proxy "colour" coups against the elected government of Ukraine; the shock troops were fascists. For the first time since 1945, a pro-Nazi, openly antisemitic party controls key areas of state power in a European capital. No western European leader has condemned this revival of fascism on the border of Russia. Some 30 million Russians died in the invasion of their country by Hitler's Nazis, who were supported by the infamous Ukrainian Insurgent Army (the UPA) which was responsible for numerous Jewish and Polish massacres. The Organisation of Ukrainian Nationalists, of which the UPA was the military wing, inspires today's Svoboda party.Since Washington's putsch in Kiev – and Moscow's inevitable response in Russian Crimea to protect its Black Sea fleet – the provocation and isolation of Russia have been inverted in the news to the "Russian threat". This is fossilised propaganda. The US air force general who runs Nato forces in Europe – General Philip Breedlove, no less – claimed more than two weeks ago to have pictures showing 40,000 Russian troops "massing" on the border with Ukraine. So did Colin Powell claim to have pictures proving there were weapons of mass destruction in Iraq. What is certain is that Barack Obama's rapacious, reckless coup in Ukraine has ignited a civil war and Vladimir Putin is being lured into a trap.

Following a 13-year rampage that began in stricken Afghanistan well after Osama bin Laden had fled, then destroyed Iraq beneath a false flag, invented a "nuclear rogue" in Iran, dispatched Libya to a Hobbesian anarchy and backed jihadists in Syria, the US finally has a new cold war to supplement its worldwide campaign of murder and terror by drone.A Nato membership action plan – straight from the war room of Dr Strangelove – is General Breedlove's gift to the new dictatorship in Ukraine. "Rapid Trident" will put US troops on Ukraine's Russian border and "Sea Breeze" will put US warships within sight of Russian ports. At the same time, Nato war games in eastern Europe are designed to intimidate Russia. Imagine the response if this madness was reversed and happened on the US's borders. Cue General Turgidson.And there is China. On 23 April, Obama will begin a tour of Asia to promote his "pivot" to China. The aim is to convince his "allies" in the region, principally Japan, to rearm and prepare for the possibility of war with China. By 2020, almost two-thirds of all US naval forces in the world will be transferred to the Asia-Pacific area. This is the greatest military concentration in that vast region since the second world war.

Egyptian President Abdel Fatah Al-Sisi announced on Saturday that the French government of PM Francois Hollande has granted Egypt a 3.2 billion euro loan for deals about military equipment between the two nations. The development comes against the backdrop of an increasingly confident continental European, French – German-led policy that opposes primarily an US/UK driven policy of tension and terrorism in the MENA region and could signal a long-awaited departure from the destructive role France played in Libya.  French Defense Minister Jean-Yves Le Drian visited Egypt in February with other French officials to sign a deal on the sale of 24 Rafale fighter jets, a naval frigate and related military equipment, reports The Cairo Post.

Egypt has since also signed significant defense deals with Russia. Egypt’s Defense Minister Sedki Sobhi is currently in Russia to discuss further Russian – Egyptian defense cooperation in combating terrorism and the delivery of Russian MiG-35 jets to Egypt.

French arms sales to Egypt are not unusual. What, according to some analysts, could suggest the beginning of a French U-Turn with regards to the French role in North Africa and Libya is that the administration of Francois Hollande cannot other than be cognizant of the fact that the French jets and naval vessels will strengthen an Egypt that struggles with countering the aftershocks of the 2011 “Arab Spring” in Egypt, in Libya, as well as in Syria.

A leaked phone conversation between Victoria Nuland, assistant secretary of state for European and Eurasian affairs, and Geoffrey Pyatt, the US ambassador to Ukraine, has exposed the anti-democratic and colonialist character of the Obama administration’s intervention in the former Soviet republic. The discussion between the two officials includes a detailed review of which right-wing opposition figures Washington is working to install in office, and how it is using the United Nations to rubber-stamp the operation. While Germany and other European powers have worked closely with the Obama administration in promoting the violent protests against President Viktor Yanukovych, the leaked phone call reveals tensions between the imperialist powers. At one point Nuland tells Pyatt, “Fuck the EU.”

Nuland continues: “Yats [Yatsenyuk] is the guy that who’s got the economic experience, the governing experience.” Pyatt later warns Nuland that “Klitschko has been the top dog” within the opposition, and that she will need to “move fast on all this stuff” and speak with the UDAR leader as part of their “personality management” of the opposition leadership. The utter criminality of Washington’s drive to install a pliant regime in Kiev sharply emerges in Nuland and Pyatt’s discussion of Oleh Tyahnybok, the leader of the neo-fascist All-Ukrainian Union (Svoboda) party. Nuland describes Tyahnybok as one of the “big three” within the opposition leadership. The State Department operative goes on to tell Pyatt that “what [Yatsenyuk] needs [after he is installed in office] is Klitsch and Tyahnybok on the outside—he needs to be talking to them four times a week.” These remarks confirm that there is no confusion whatsoever within the Obama administration that it is working in partnership with fascist movements in Ukraine.

Tyahnybok is the leader of the Svoboda party, which was initially called the Social-National Party of Ukraine and featured a neo-Nazi logo. In 2004, Tyahnybok praised right-wing Ukrainian partisans in World War II, who, he declared, “did not fear, but took up their automatic rifles, going into the woods to fight Muscovites, Germans, Jewry and other filth.” He added that Ukraine still had to be liberated from a “Moscow-Jewish mafia.” In 2005, Tyahnybok signed an open letter to Ukrainian leaders demanding a halt to the “criminal activities” of “organised Jewry,” which, he declared, was attempting to commit “genocide” against the Ukrainian people. This is one of the “big three” figures with whom the Obama administration is working to install a client regime in Ukraine. Yesterday, Nuland met with several opposition figures, among them Oleh Tyahnybok. No details of the discussion have been made public, but Ambassador Pyatt released via Twitter a photo of a smiling Nuland posing next to the pro-Nazi leader and his colleagues.

Here's the US's exceptionalist promotion of "democracy" in action; Washington has recognized a coup d'etat in Ukraine that regime-changed a - for all its glaring faults - democratically elected government. And here is Russian President Vladimir Putin, already last year, talking about how Russia and China decided to trade in roubles and yuan, and stressing how Russia needs to quit the "excessive monopoly" of the US dollar. He had to be aware the Empire would strike back. Now there's more; Russian presidential adviser Sergey Glazyev <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> told RIA Novosti, "Russia will abandon the US dollar as a reserve currency if the United States initiates sanctions against the Russian Federation." So the Empire struck back by giving "a little help" to regime change in the Ukraine. And Moscow counter-punched by taking control of Crimea in less than a day without firing a shot - with or without crack Spetsnaz brigades (UK-based think tanks say they are; Putin says they are not).

Putin's assessment of what happened in Ukraine is factually correct; "an anti-constitutional takeover and armed seizure of power". It's open to endless, mostly nasty debate whether the Kremlin overreacted or not. Considering the record of outright demonization of both Russia and Putin going on for years - and now reaching fever pitch - the Kremlin's swift reaction was quite measured. Putin applied Sun Tzu to the letter, and now plays the US against the EU. He has made it clear Moscow does not need to "invade" Ukraine. The 1997 Ukraine-Russia partition treaty specifically allows Russian troops in Crimea. And Russia after all is an active proponent of state sovereignty; it's under this principle that Moscow refuses a Western "intervention" in Syria. What he left the door open for is - oh cosmic irony of ironies - an American invention/intervention (and that, predictably, was undetectable by Western corporate media); the UN's R2P - "responsibility to protect" - in case the Western-aligned fascists and neo-nazis in Ukraine threaten Russians or Russian-speaking civilians with armed conflict. Samantha Power should be proud of herself.

The "West" once again has learned you don't mess with Russian intelligence, which in a nutshell preempted in Crimea a replica of the coup in Kiev, largely precipitated by UNA-UNSO - a shady, ultra-rightwing, crack paramilitary NATO-linked force using Ukraine as base, as exposed by William Engdahl. And Crimea was an even murkier operation, because those neo-nazis from Western Ukraine were in tandem with Tatar jihadis (the House of Saud will be heavily tempted to finance them from now on). The Kremlin is factually correct when pointing out that the coup was essentially conducted by fascists and ultra-right "nationalists" - Western code for neo-nazis. Svoboda ("Freedom") party political council member Yury Noyevy even admitted openly that using EU integration as a pretext "is a means to break our ties with Russia." Western corporate media always conveniently forgets that Svoboda - as well as the Right Sector fascists - follow in the steps of Galician fascist/terrorist Stepan Bandera, a notorious asset of a basket of "Western" intel agencies. Now Svoboda has managed to insert no less than six bigwigs as part of the new regime in Kiev.