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Paul Merrell

Turkish President's Stunning Outburst: The French Are Behind The Charlie Hebdo Massacre... - 0 views

www.zerohedge.com/...-charlie-hebdo-massacre-mossad

war & peace Charlie-Hedbo Russia Turkey Mossad false-flag

shared by Paul Merrell on 14 Jan 15 - No Cached
  • It was less than 48 hours ago when Turkey’s prime minister, Ahmet Davutoglu, joined millions marching in Paris to pay tribute to the 17 people killed by ISIS-supporting extremists. Then, almost the moment he got back, things changed, and as the FT politely paraphrases what transpired, the "country’s president struck a much more confrontational tone." That's one way of putting it. Another is that the former PM and current president, Recep Tayyip Erdogan, of NATO-member Turkey did the unthinkable: accused the west, and French citizens in particular, of staging the Charlie Hebdo murder in order to blame Muslims, even as the mayor of Ankara said "Mossad is definitely behind such incidents . . . it is boosting enmity towards Islam."
  • "The duplicity of the west is obvious,” Recep Tayyip Erdogan said at a press conference on Monday evening. “As Muslims we have never sided with terror or massacres: racism, hate speech, Islamophobia are behind these massacres.” His punchline: "The culprits are clear: French citizens undertook this massacre and Muslims were blamed for it,” he added. The FT is confused: "Although political leaders in Turkey have repeatedly condemned the attacks on the Charlie Hebdo magazine, a Jewish supermarket and a policewoman, a parallel narrative has emerged in the country, with conspiracy theorists blaming the murders on foreign intelligence agencies rather than radical Islamists."
  • The FT is further confused that Turkey is not the only place which has dared to offer conspiratorial theories: Russia is too. In Russia, some pro-Kremlin commentators sought to link the killings to geopolitical machinations by the US.    Komsomolskaya Pravda, one of Russia’s leading tabloids, ran the headline: “Did the Americans stage the terror attack in Paris?” and posted a series of interviews on its website that presented various reasons why Washington might have organised the attack. 
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  • Alexander Zhilin, head of the pro-Kremlin Moscow Centre for the Study of Applied Problems, claimed the terror attack was US retribution against President François Hollande for a January 6 radio interview in which Mr Hollande urged the EU to lift sanctions against Russia.  Washington used the attacks as “a quick fix for consolidating” US and EU geopolitical interests in Ukraine, Mr Zhilin claimed.
  • The FT is most stunned that in Russia the events in Charlie Hebdo are being equated to the 9/11 tragedy: “For the last 10 years, so-called Islamist terrorism has been under the control of one of the world’s leading intelligence agencies,” Alexei Martynov, director of the International Institute for New States, a think-tank, told pro-Kremlin internet outlet LifeNews. “I am sure that some American supervisors are responsible for the terror attacks in Paris, or in any case the Islamists who carried them out.” Whatever could have given the Russian this idea...
Paul Merrell

Russia may accept Chinese control of oil and gas fields | Economy | Worldbulletin News - 0 views

www.worldbulletin.net/...-control-of-oil-and-gas-fields

economy Russia China oil-field-investments

shared by Paul Merrell on 28 Feb 15 - No Cached
  • ussia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official said on Friday, an about-face by Moscow that underlines its need for foreign help to develop energy reserves. While closely guarding control of the oil and gas fields that supply the lifeblood of its economy, Russia has forged alliances with some Western companies to obtain the know-how it needs to tap hard-to-reach deposits. But now that Western sanctions over Moscow's role in Ukraine have all but halted that cooperation, Russia has overcome a "psychological barrier" and is ready to deepen its economic ties with China, Deputy Prime MinisterArkady Dvorkovich said. "We have a strategic partnership with China and now decisions are made much faster than before. In particular, we have a gas contract, a second one will be signed soon. Now we know China better: their motives and intentions are understood," he told a conference in the Siberian city of Krasnoyarsk. "There used to be a psychological barrier. Now it doesn't exist any more. We are interested in maximum investments in new industries. China is an obvious investor for us."
Paul Merrell

"Support MH17 Truth": OSCE Monitors Identify "Shrapnel and Machine Gun-Like Holes" indi... - 0 views

www.globalresearch.ca/...5394324

war & peace Ukraine MH17 whodunnit Su-25-attack

shared by Paul Merrell on 02 Aug 14 - No Cached
  • The facts speak clear and loud and are beyond the realm of speculation: The cockpit shows traces of shelling! You can see the entry and exit holes. The edge of a portion of the holes is bent inwards. These are the smaller holes, round and clean, showing the entry points most likely that of a 30 millimeter caliber projectile. (Revelations of German Pilot: Shocking Analysis of the “Shooting Down” of Malaysian MH17. “Aircraft Was Not Hit by a Missile” Global Research, July 30, 2014)
  • Based on detailed analysis Peter Haisenko reached  the conclusion that the MH17 was not downed by a missile attack: This aircraft was not hit by a missile in the central portion. The destruction is limited to the cockpit area. Now you have to factor in that this part is constructed of specially reinforced material The OSCE Mission It is worth noting that the initial statements by OSCE observers (July 31) broadly confirm the findings of Peter Haisenko: Monitors from the Organization for Security and Cooperation in Europe reported that shrapnel-like holes were found in two separate pieces of the fuselage of the ill-fated Malaysia Airlines aircraft that was believed to have been downed by a missile in eastern Ukraine. Michael Bociurkiw of the OSCE group of monitors at his daily briefing described part of the plane’s fuselage dotted with “shrapnel-like, almost machine gun-like holes.” He said the damage was inspected by Malaysian aviation-security officials .(Wall Street Journal, July 31, 2014)
  • The monitoring OSCE team has not found evidence of a missile fired from the ground as conveyed by official White House statements. As we recall, the US ambassador to the UN Samantha Power stated –pointing a finger at Russia– that the Malaysian MH17 plane was “likely downed by a surface-to-air missile operated from a separatist-held location”: The team of international investigators with the Organisation for Security and Cooperation in Europe (OSCE) are uncertain if the missile used was fired from the ground as US military experts have previously suggested, the Wall Street Journal (WSJ) reported. (Malay Mail online, emphasis added) The initial OSCE findings tend to dispel the claim that a BUK missile system brought down the plane. Evidently, inasmuch as the perforations are attributable to shelling, a shelling operation conducted from the ground could not have brought down an aircraft traveling above 30,000 feet.
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  • Peter Haisenko’s study is corroborated by the Russian Ministry of Defense which pointed to a Ukrainian Su-25 jet in the flight corridor of the MH17, within proximity of the plane. Ironically, the presence of a military aircraft is also confirmed by a BBC  report conducted at the crash site on July 23. All the eyewitnesses  interviewed by the BBC confirmed the presence of a Ukrainian military aircraft flying within proximity of Malaysian Airlines MH17 at the time that it was shot down: 
  • Eyewitness #1: There were two explosions in the air. And this is how it broke apart. And [the fragments] blew apart like this, to the sides. And when … Eyewitness #2: … And there was another aircraft, a military one, beside it. Everybody saw it. Eyewitness #1: Yes, yes. It was flying under it, because it could be seen. It was proceeding underneath, below the civilian one. Eyewitness #3: There were sounds of an explosion. But they were in the sky. They came from the sky. Then this plane made a sharp turn-around like this. It changed its trajectory and headed in that direction [indicating the direction with her hands]. BBC Report below
  • The original BBC Video Report published by BBC Russian Service on July 23, 2014 has since been removed from the BBC archive.  In a bitter irony, The BBC is censoring its own news productions. Media Spin The media is now saying that a missile was indeed fired but it was not the missile that brought down the plane, it was the shrapnel from the missile which punctured the plane and then led to a loss of pressure.  According to Ukraine’s National security spokesman Andriy Lysenko in a contradictory statement, the MH17 aircraft “suffered massive explosive decompression after being hit by a shrapnel missile.”  (See IBT, Australia) In an utterly absurd report, the BBC quoting the official Ukraine statement  says that:
  • The downed Malaysia Airlines jet in eastern Ukraine suffered an explosive loss of pressure after it was punctured by shrapnel from a missile. They say the information came from the plane’s flight data recorders, which are being analysed by British experts. However, it remains unclear who fired a missile, with pro-Russia rebels and Ukraine blaming each other. Many of the 298 people killed on board flight MH17 were from the Netherlands. Dutch investigators leading the inquiry into the crash have refused to comment on the Ukrainian claims.
  • The shrapnel marks should be distinguished from the small entry and exit holes “most likely that of a 30 millimeter caliber projectile” fired from a military aircraft. These holes could not have been caused by a missile attack as hinted by the MSM. While the MSN is saying that the “shrapnel like holes” can be caused by a missile (see BBC report above), the OSCE has confirmed the existence of what it describes as “machine gun like holes”, without however acknowledging that these cannot be caused by a missile. In this regard, the GSh-302 firing gun operated by an Su-25 is able to fire 3000 rpm which explains the numerous entry and exit holes. According to the findings of Peter Haisenko: If we now consider the armament of a typical SU 25 we learn this: It is equipped with a double-barreled 30-mm gun, type GSh-302 / AO-17A, equipped with: a 250 round magazine of anti-tank incendiary shells and splinter-explosive shells (dum-dum), arranged in alternating order. The cockpit of the MH 017 has evidently been fired at from both sides: the entry and exit holes are found on the same fragment of it’s cockpit segment (op cit)
  • The accusations directed against Russia including the sanctions regime imposed by Washington are based on a lie. The evidence does not support the official US narrative to the effect that the MH17 was shot down by a BUK missile system operated by the DPR militia.
  • Paul Merrell on 02 Aug 14
     
    Looks like John Kerry may be about to get caught in another major lie. 
Paul Merrell

Leaked conversation about Ukraine fans U.S.-Russian tensions - The Globe and Mail - 0 views

www.theglobeandmail.com/...article16724431

war & peace Ukraine U.S. EU Russia pipelinestan

shared by Paul Merrell on 09 Feb 14 - No Cached
  • Ukraine’s protest standoff came dangerously close to becoming a direct confrontation between Russia and the United States on Thursday as shockingly unguarded words from Washington and Moscow officials reached public ears, either voluntarily or otherwise.A recording of a phone conversation between two senior U.S. diplomatic officials, in which they discussed their efforts to influence the membership of the Ukrainian government that would be formed to replace the one dismissed under protester pressure by President Viktor Yanukovych, was leaked to the public – almost certainly by an intelligence agency – just as one of Russian President Vladimir Putin’s top aides issued a direct threat to the United States over its involvement in Ukrainian affairs.
  • Mr. Yanukovych’s explicitly pro-Russian government has long been accused of being a puppet of Mr. Putin – especially after it abandoned a European Union open-borders treaty in November to instead endorse a trade-and-aid deal with Russia, a move that angered many Ukrainians and provoked the protests that have convulsed the nation for two months.But now, with the leak of the apparently bugged State Department call, the Kremlin and Mr. Yanukovych have new ammunition with which it can accuse the protesters of being puppets of U.S. and European agendas.
  • The call, if it is genuine, was posted on YouTube by an anonymous source on Tuesday under the headline “puppets of Maidan,” a reference to the protests in Kiev’s central square. It was then linked on Twitter by Russian government officials on Thursday – exactly as U.S. and European Union officials were descending on Kiev to try to broker a resignation, a new election and a constitutional change from Mr. Yanukovych.The voices the audio resemble those of Assistant Secretary of State Victoria Nuland and Geoffrey Pyatt, the U.S. ambassador to Ukraine. They appear to be talking about their preference of political party leaders to form a new Ukrainian government, and about their efforts, including several phone calls to Mr. Yanukovych by Vice President Joe Biden, to influence that outcome. The EU was prepared to begin negotiating government-opposition talks toward a new government on Friday.Much of the call is devoted to efforts to keep Ukrainian liberal parties in government, and to prevent right-wing ultranationalist parties, which have been prominent in the protest movement, from gaining influence.
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  • “I’m just thinking in terms of sort of the process moving ahead, we want to keep the moderate democrats together,” Mr. Pyatt says at one point. Ms. Nulund explicitly endorses moderate opposition party leader Arseniy Yatseniuk and argues that “what he needs” is fellow opposition leaders Vitali Klitschko, a former boxer with a populist style, and Oleh Tiahnybok, a far-right leader whose party is known for intolerance.“I think Yats [Yatseniuk] is the guy who’s got the economic experience, the governing experience … what he needs is Klitsch and Tiahnybok on the outside,” she adds. Mr. Pyatt says: “Let me work on Klitschko, and I think we get a Western personality to come out here and midwife this thing.”And then Ms. Nuland says, a propos of nothing: “And you know, fuck the EU.” This was an apparent reference to the EU’s hesitancy to threaten to impose sanctions on the Yanukovych government, something the U.S. – and Canada – have done. On Thursday, the European Parliament voted to impose limited sanctions, including the stripping of visas, on Ukrainian officials directly responsible for violence.
  • Sergei Glazyev, a top adviser to the Russian president, said that U.S. “interference” contravened a 1994 treaty that granted Ukraine its independence from the Soviet Union and guaranteed that outside nations would not intervene. Russian leaders, he told the paper, “are obliged to intervene when conflict situations of this nature arise.”Asked if violence should be used to remove the protesters, Mr. Glazyev said: “As for starting to use force, in a situation where the authorities face an attempted coup d’état, they simply have no other course of action. Otherwise, the country will be plunged into chaos.”
Paul Merrell

Putin's Approval Spikes as US Admits Attack on Russian Economy | News | teleSUR - 0 views

www.telesurtv.net/...ian-Economy-20141230-0048.html

war & peace economic-warfare Obama Putin polls Russia

shared by Paul Merrell on 02 Jan 15 - No Cached
  • According to a survey made by Gallup, Vladimir Putin’s popularity increased by 29 percent compared with 2013 data, when 54 percent of Russians surveyed approved his role as leader of the country. Gallup attributed recent nationalism following Crimea's incorporation into Russia and the Sochi Winter Olympic Games to explain the rise in Putin’s popularity to 83 percent, despite the economic trouble that his nation currently faces due to the drop in oil prices. “Despite U.S. and European sanctions earlier this year over Moscow's intervention in Ukraine, more Russians see their economy getting better now than has been the case since 2008,” said Gallup. This week, US President Barack Obama acknowledged a strategy to weaken Russia’s economy through sanctions as well as a drop in oil prices.
  • “For the first time since 2008, a majority of Russians (73%) believe their country's leadership is leading them in the right direction. This renewed faith is apparent in their record-level confidence in the country's military (78%), their national government (64%), and honesty of elections (39%),” states the survey. Gallup also revealed that Russians also expressed increased satisfaction with their lifestyles. In 2014, a record-high 65 percent of Russians said they were satisfied with their freedom.
Paul Merrell

Vladimir Putin authorises delivery of missile system to Iran | World news | The Guardian - 0 views

www.theguardian.com/...very-of-missile-system-to-iran

war & peace Russia Iran S-300 missile-sales

shared by Paul Merrell on 14 Apr 15 - No Cached
  • The Russian president, Vladimir Putin, has opened the way for the controversial delivery of a sophisticated anti-aircraft missile system to Iran which had been under embargo for the past five years. US Secretary of State John Kerry called his Russian counterpart Sergei Lavrov to object to the move, and the US government warned that the delivery could complicate plans to eventually lift sanctions on Iran as part of a deal over the country’s nuclear programme. “It’s safe to say that Russia understands that the US takes very seriously the safety and security of our allies in the region,” said White House spokesman Josh Earnest.
  • Citing the interim framework agreement on Iran’s nuclear programme in Lausanne, the move signalled an apparent determination by Moscow to get a head start in the race to benefit from an eventual lifting of sanctions on Tehran. Putin signed a decree on Monday to unfreeze the ban on delivering the $800m (£546m) contract for the Russian-made S-300 missiles as Moscow forged ahead with a $20bn oil-for-goods barter deal with Tehran.
  • Delivery and installation of the missile system would make any future attack on Iran or its nuclear facilities – by the US or Israel – considerably more difficult and costly.
Paul Merrell

Venezuela Bucks Petrodollar, Announces Cryptocurrency Backed by Oil - 0 views

www.mintpressnews.com/...235131

war & peace economic-warfare Venezuela cryptocurrency reserve currrencies

shared by Paul Merrell on 05 Dec 17 - No Cached
  • Months after Russia became the first country to announce the creation of a state-backed Cryptorouble, Venezuela has followed suit, announcing the creation of El Petro, a state-sanctioned cryptocurrency to be backed by Venezuela’s extensive reserves of crude oil. Venezuela has already broken free of Dollar dependence months ago when Caracas announced it would be trading its oil using China’s Petroyuan. Venezuelan President Nicolas Maduro also stated that he would like to begin trade with Russia in the Rouble. With Venezuela heavily sanctioned by the United States, El Petro looks to be another tool which Venezuela can use to continue and conduct international commerce without relying on Dollar based financial institution.
  • Crucially, while existing Cryptocurrencies tend to create their initial value through an arithmetic process called “mining”, leaving them heavily subject to market fluctuation, El Petro will be backed by a known commodity, oil, thus giving it a clear advantage for risk-averse investors. While the world’s most popular cryptocurrency Bitcoin, has seen its value skyrocket against the Dollar, some remain unconvinced of its long-term prospects for stability. A currency, backed by oil would, by contrast, ostensibly fluctuate in accordance with the well established global price of Brent Crude.
  • An official oil-backed cryptocurrency could work in tandem with Russia’s soon to be launched Cryptorouble, a digital currency which will ostensibly be backed by the vast resources of the Russian state. With western governments ambivalent about how to treat existing cryptocurrencies, Russia and Venezuela have taken the lead to both normalize cryptos while backing them by well-known assets.
  • Paul Merrell on 05 Dec 17
     
    The petrodollar takes another hit.
Paul Merrell

Russia Hysteria Infects WashPost Again: False Story About Hacking U.S. Electric Grid - 0 views

theintercept.com/...bout-hacking-u-s-electric-grid

war & peace U.S.-foreign-policy Russophobia fake-news WaPo electrical-grid-hack MSM-propaganda

shared by Paul Merrell on 03 Jan 17 - No Cached
  • The Washington Post on Friday reported a genuinely alarming event: Russian hackers have penetrated the U.S. power system through an electrical grid in Vermont. The Post headline conveyed the seriousness of the threat: The first sentence of the article directly linked this cyberattack to alleged Russian hacking of the email accounts of the DNC and John Podesta — what is now routinely referred to as “Russian hacking of our election” — by referencing the code name revealed on Wednesday by the Obama administration when it announced sanctions on Russian officials: “A code associated with the Russian hacking operation dubbed Grizzly Steppe by the Obama administration has been detected within the system of a Vermont utility, according to U.S. officials.” The Post article contained grave statements from Vermont officials of the type politicians love to issue after a terrorist attack to show they are tough and in control. The state’s Democratic governor, Peter Shumlin, said: Vermonters and all Americans should be both alarmed and outraged that one of the world’s leading thugs, Vladimir Putin, has been attempting to hack our electric grid, which we rely upon to support our quality of life, economy, health, and safety. This episode should highlight the urgent need for our federal government to vigorously pursue and put an end to this sort of Russian meddling.
  • Vermont Sen. Patrick Leahy issued a statement warning: “This is beyond hackers having electronic joy rides — this is now about trying to access utilities to potentially manipulate the grid and shut it down in the middle of winter. That is a direct threat to Vermont and we do not take it lightly.” The article went on and on in that vein, with all the standard tactics used by the U.S. media for such stories: quoting anonymous national security officials, reviewing past acts of Russian treachery, and drawing the scariest possible conclusions (“‘The question remains: Are they in other systems and what was the intent?’ a U.S. official said”).  The media reactions, as Alex Pfeiffer documents, were exactly what one would expect: hysterical, alarmist proclamations of Putin’s menacing evil: Our Russian "friend" Putin attacked the U.S. power grid. https://t.co/iAneRgbuhF — Brent Staples (@BrentNYT) December 31, 2016
  • The Post’s story also predictably and very rapidly infected other large media outlets. Reuters thus told its readers around the world: “A malware code associated with Russian hackers has reportedly been detected within the system of a Vermont electric utility.”   What’s the problem here? It did not happen. There was no “penetration of the U.S. electricity grid.” The truth was undramatic and banal. Burlington Electric, after receiving a Homeland Security notice sent to all U.S. utility companies about the malware code found in the DNC system, searched all its computers and found the code in a single laptop that was not connected to the electric grid. Apparently, the Post did not even bother to contact the company before running its wildly sensationalistic claims, so Burlington Electric had to issue its own statement to the Burlington Free Press, which debunked the Post’s central claim (emphasis in original): “We detected the malware in a single Burlington Electric Department laptop not connected to our organization’s grid systems.” So the key scary claim of the Post story — that Russian hackers had penetrated the U.S. electric grid — was false. All the alarmist tough-guy statements issued by political officials who believed the Post’s claim were based on fiction.
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  • UPDATE: Just as The Guardian had to do just two days ago regarding its claim about WikiLeaks and Putin, the Washington Post has now added an editor’s note to its story acknowledging that its key claim was false:
  • Is it not very clear that journalistic standards are being casually dispensed with when the subject is Russia?
Paul Merrell

Putin signs Crimea treaty, will not seize other Ukraine regions | Reuters - 0 views

www.reuters.com/...e-crisis-idUSBREA1Q1E820140318

war & peace Ukraine Crimea Russia annexation

shared by Paul Merrell on 18 Mar 14 - No Cached
  • (Reuters) - Russian President Vladimir Putin, defying Ukrainian protests and Western sanctions, signed a treaty on Tuesday making Crimea part of Russia but said he did not plan to seize any other regions of Ukraine.
  • To the Russian national anthem, Putin and Crimean leaders signed a treaty on making Crimea part of Russia, declaring: "In the hearts and minds of people, Crimea has always been and remains an inseparable part of Russia."Parliament was expected to begin ratifying the document within days.
Paul Merrell

OPEC heading for no output cut despite oil price plunge | Reuters - 0 views

www.reuters.com/...-meeting-idUSKCN0JA0O320141126

oil-prices OPEC over-supply shale-oil

shared by Paul Merrell on 27 Nov 14 - No Cached
  • OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June. "The GCC reached a consensus," Saudi Arabian Oil MinisterAli al-Naimi told reporters, referring to the Gulf Cooperation Council which includes Saudi Arabia, Kuwait, Qatar and the United Arab Emirates. "We are very confident that OPEC will have a unified position.""The power of convincing will prevail tomorrow ... I am confident that OPEC is capable of taking a very unified position," Naimi added.
  • A Gulf OPEC delegate told Reuters the GCC had reached a consensus not to cut oil output. Three OPEC delegates separately told Reuters they believed OPEC was unlikely to take any action when the 12-member organisation meets on Thursday after Russia said it would not cut output in tandem.The OPEC meeting will be one of its most crucial in recent years, with oil having tumbled to below $78 a barrel due to the U.S. shale boom and slower economic growth in China and Europe.Cutting output unilaterally would effectively mean for OPEC, which accounts for a third of global oil output, a further loss of market share to North American shale oil producers.
  • If OPEC decided against cutting and rolled over existing output levels on Thursday, that would effectively mean a price war that the Saudis and other Gulf producers could withstand due to their large foreign-exchange reserves. Other members, such as Venezuela or Iran, would find it much more difficult.
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  • Among the members of the Organization of the Petroleum Exporting Countries, Venezuela and Iraq have called for output cuts. OPEC's traditional price hawk Iran said on Wednesday its views were now close to those of Saudi Arabia.
  • "The onslaught of North American shale oil has drastically undermined OPEC’s position and reduced its market share," said Dr. Gary Ross, chief executive of PIRA Energy Group. Russia, which produces 10.5 million barrels per day (bpd) or 11 percent of global oil, came to Tuesday's meeting amid hints it might agree to cut output as it suffers from oil's price fall and Western sanctions over Moscow's actions in Ukraine.But as that meeting with Naimi and officials from Venezuela and non-OPEC member Mexico ended, Russia's most influential oil official, state firm Rosneft's (ROSN.MM) head Igor Sechin, emerged with a surprise message - Russia will not reduce output even if oil falls to $60 per barrel.
  • Sechin added that he expected low oil prices to do more damage to producing nations with higher costs, in a clear reference to the U.S. shale boom. On Wednesday, Russian Energy Minister Alexander Novak said he expected the country's output to be flat next year. Many at OPEC were surprised by Sechin's suggestion that Russia - in desperate need of oil prices above $100 per barrel to balance its budget - was ready for a price war.
  • OPEC publications have shown that global supply will exceed demand by more than 1 million bpd in the first half of next year.While the statistics speak in favour of a cut, the build-up to the OPEC meeting has seen one of the most heated debates in years about the next policy step for the group."The idea of unleashing a price war against U.S. shale oil seems strange to me. I doubt you can win this battle as most U.S. oil producers are hedging a lot of their output," said a top oil executive visiting Vienna for talks with OPEC ministers.
Paul Merrell

EEU considers launching a Currency Union: Putin | nsnbc international - 0 views

nsnbc.me/...unching-a-currency-union-putin

de-dollarization EEU currency-union Russia Belarus Kazakhstan

shared by Paul Merrell on 22 Mar 15 - No Cached
  • 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”.
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  • Many US and British economists perceive an integration of EEU and EU markets as the single-most serious threat against the (f)ailing primacy of the US dollar and the hegemony of the “Atlantic Axis” in Europe.
  • Paul Merrell on 22 Mar 15
     
    More de-dollarization moves on the way.  Armenia and Kyrgyzstan are expected to join the EEU soon. https://en.wikipedia.org/wiki/Eurasian_Economic_Union "CIS" stands for the Commonwealth of Independent States, which includes 9 memer states that are former Soviet Republics. Commonwealth of Independent States Eight of them form the Commonwealth of Independent States Free Trade Area. https://en.wikipedia.org/wiki/Commonwealth_of_Independent_States_Free_Trade_Area  
Paul Merrell

EXCLUSIVE-Russia may freeze Turkish Stream gas project - Gazprom sources - 0 views

www.cnbc.com/...-project--gazprom-sources.html

war & peace Russia Turkey retaliation Turkish-Stream pipelinestan Gazprom

shared by Paul Merrell on 02 Dec 15 - No Cached
  • Russia may freeze work on the Turkish Stream gas pipeline project for several years in retaliation against Ankara for the shooting down of a Russian air force jet, two sources at Russian gas giant Gazprom told Reuters. The Kremlin has imposed trade sanctions on Turkey over the jet incident last week but so far the measures have not affected the Russian energy exports to Turkey that are the core of their economic relationship. Freezing work on the pipeline - intended to pump Russian gas, via Turkey, into southeastern Europe while bypassing Ukraine - would have a more symbolic than practical effect because the project is already beset by delays and doubts over its viability. Any freeze would also not affect another Russian project to boost gas exports to the north of Europe. Gazprom is going ahead with plans to expand the Nord Stream pipeline to Germany despite resistance from several ex-communist states in eastern Europe.
  • Gazprom sources said no decision had been taken inside the company about changes to the Turkish Stream schedule in response to the row with Ankara, but said they were awaiting instructions from President Vladimir Putin. "We're expecting that the head of state, in all likelihood, could declare a freezing of Turkish Stream, or at least some kind of timeout should be announced," said one Gazprom source, who spoke on condition of anonymity.
Gary Edwards

Reinventing Banking: From Russia to Iceland to Ecuador - 1 views

www.counterpunch.org/...m-russia-to-iceland-to-ecuador

Banksters

shared by Gary Edwards on 12 Dec 15 - No Cached
  • Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself. Among other interesting news items: * In Russia, vulnerability to Western sanctions has led to proposals for a banking system that is not only independent of the West but is based on different design principles. * In Iceland, the booms and busts culminating in the banking crisis of 2008-09 have prompted lawmakers to consider a plan to remove the power to create money from private banks. * In Ireland, Iceland and the UK, a recession-induced shortage of local credit has prompted proposals for a system of public interest banks on the model of the Sparkassen of Germany. * In Ecuador, the central bank is responding to a shortage of US dollars (the official Ecuadorian currency) by issuing digital dollars through accounts to which everyone has access, effectively making it a bank of the people.
  • A major concern with stripping private banks of the power to create money as deposits when they make loans is that it will seriously reduce the availability of credit in an already sluggish economy. One solution is to make the banks, or some of them, public institutions. They would still be creating money when they made loans, but it would be as agents of the government; and the profits would be available for public use, on the model of the US Bank of North Dakota and the German Sparkassen (public savings banks). In Ireland, three political parties – Sinn Fein, the Green Party and Renua Ireland (a new party) — are now supporting initiatives for a network of local publicly-owned banks on the Sparkassen model. In the UK, the New Economy Foundation (NEF) is proposing that the failed Royal Bank of Scotland be transformed into a network of public interest banks on that model. And in Iceland, public banking is part of the platform of a new political party called the Dawn Party.
  • Particularly interesting is a proposal to provide targeted lending for businesses and industries by providing them with low-interest loans at 1-4 percent, financed through the central bank with quantitative easing (digital money creation). The proposal is to issue 20 trillion rubles for this purpose over a five year period. Using quantitative easing for economic development mirrors the proposal of UK Labour Leader Jeremy Corbin for “quantitative easing for people.”
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  • William Engdahl concludes that Russia is in “a fascinating process of rethinking every aspect of her national economic survival because of the reality of the western attacks,” one that “could produce a very healthy transformation away from the deadly defects” of the current banking model.
  • Iceland’s Radical Money Plan Iceland, too, is looking at a radical transformation of its money system, after suffering the crushing boom/bust cycle of the private banking model that bankrupted its largest banks in 2008. According to a March 2015 article in the UK Telegraph: Iceland’s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Frosti Sigurjonsson, entitled “A better monetary system for Iceland”.
  • Under this “Sovereign Money” proposal, the country’s central bank would become the only creator of money. Banks would continue to manage accounts and payments and would serve as intermediaries between savers and lenders. The proposal is a variant of the Chicago Plan promoted by Kumhof and Benes of the IMF and the Positive Money group in the UK.
  • Ever since 2000, when Ecuador agreed to use the US dollar as its official legal tender, it has had to ship boatloads of paper dollars into the country just to conduct trade. In order to “seek efficiency in payment systems [and] to promote and contribute to the economic stability of the country,” the government of President Rafael Correa has therefore established the world’s first national digitally-issued currency.
  • Unlike Bitcoin and similar private crypto-currencies (which have been outlawed in the country), Ecuador’s dinero electronico is operated and backed by the government. The Ecuadorian digital currency is less like Bitcoin than like M-Pesa, a private mobile phone-based money transfer service started by Vodafone, which has generated a “mobile money” revolution in Kenya.
  • According to a National Assembly statement: Electronic money will stimulate the economy; it will be possible to attract more Ecuadorian citizens, especially those who do not have checking or savings accounts and credit cards alone. The electronic currency will be backed by the assets of the Central Bank of Ecuador.
  • That means there is no fear of the bank going bankrupt or of bank runs or bail-ins. Nor can the digital currency be devalued by speculative short selling. The government has declared that these are digital US dollars trading at 1 to 1 – take it or leave it – and the people are taking it. According to an October 2015 article titled “
  • Banking Moves into the 21st Century The catastrophic failures of the Western banking system mandate a new vision. These transformations, current and proposed, are constructive steps toward streamlining the banking system, eliminating the risks that have devastated individuals and governments, democratizing money, and promoting sustainable and prosperous economies.
  • Gary Edwards on 16 Dec 15
     
    Excellent article on banking, lending, and currency reform initiatives.  Thanks to Marbux!
Paul Merrell

Senators To Override Obama's Iran Veto Eurasia Review - 1 views

www.eurasiareview.com/tors-override-obamas-iran-veto

war & peace Iran negotiations Iranian-nukes-myth Israel-lobby War-Party

shared by Paul Merrell on 22 Dec 13 - No Cached
  • Senate Majority Leader Harry Reid has indicated he would bring a new Iran sanctions bill for a vote. On Thursday, Sen. Bob Menendez (D-New Jersey), the Senate Foreign Relations Committee chairman, and Sen. Mark Kirk (R-Illinois) introduced a new sanctions bill against Iran which was co-sponsored by 24 other senators across the aisle. The White House was quick to condemn the new anti-Iran effort by the hawkish senators on Capitol Hill with Obama’s Press Secretary Jay Carney saying that the president would veto the bill “if it were to pass” Congress. However, Sen. Lindsey Graham (R-South Carolina) told Fox News that he was seeking to secure a veto-proof majority of 67 senators for the bill. “If the president wants to veto [the bill], we’ll override his veto,” Graham said.
  • Iranian Foreign Minister and top nuclear negotiator Mohammad Javad Zarif have already warned that any new sanctions against Iran passed by US Congress would kill “the entire deal” reached between Iran and the five permanent members of the UN Security Council — the US, Britain, Russia, France and China — plus Germany on November 24.
  • Paul Merrell on 22 Dec 13
     
    Israel Lobby efforts continue to blow up the negotiations with Iran over Iran's mythical nuclear weapons program, thereby proving once again that their goal never was ending the non-existent weapons program but is instead meneuvering the U.S. into launching a war against Iran. 
Paul Merrell

Book Reveals Wider Net of U.S. Spying on Envoys - NYTimes.com - 0 views

www.nytimes.com/...et-of-us-spying-on-envoys.html

surveillance state NSA-targets diplomats embassies

shared by Paul Merrell on 14 May 14 - No Cached
  • In May 2010, when the United Nations Security Council was weighing sanctions against Iran over its nuclear program, several members were undecided about how they would vote. The American ambassador to the United Nations, Susan E. Rice, asked the National Security Agency for help “so that she could develop a strategy,” a leaked agency document shows.The N.S.A. swiftly went to work, developing the paperwork to obtain legal approval for spying on diplomats from four Security Council members — Bosnia, Gabon, Nigeria and Uganda — whose embassies and missions were not already under surveillance. The following month, 12 members of the 15-seat Security Council voted to approve new sanctions, with Lebanon abstaining and only Brazil and Turkey voting against. Continue reading the main story Related Coverage Books of The Times: ‘No Place to Hide,’ by Glenn GreenwaldMAY 12, 2014 Later that summer, Ms. Rice thanked the agency, saying its intelligence had helped her to know when diplomats from the other permanent representatives — China, England, France and Russia — “were telling the truth ... revealed their real position on sanctions ... gave us an upper hand in negotiations ... and provided information on various countries ‘red lines.’ ”
  • The two documents laying out that episode, both leaked by the former N.S.A. contractor Edward J. Snowden, are reproduced in a new book by Glenn Greenwald, “No Place to Hide: Edward Snowden, the N.S.A., and the U.S. Surveillance State.” The book is being published Tuesday.
Paul Merrell

How Obama Can Stop Netanyahu's Iran War | The American Conservative - 0 views

www.theamericanconservative.com/...a-can-stop-netanyahus-iran-war

U.S.-foreign-policy Iran Israel parting-ways-with-Israel

shared by Paul Merrell on 01 Feb 15 - No Cached
  • Some interesting polls form a background to the collision of major historical forces unleashed by Israeli Prime Minister Netanyahu’s decision to solicit an invitation to address the U.S. Congress in March.
  • Some interesting polls form a background to the collision of major historical forces unleashed by Israeli Prime Minister Netanyahu’s decision to solicit an invitation to address the U.S. Congress in March.
  • Some interesting polls form a background to the collision of major historical forces unleashed by Israeli Prime Minister Netanyahu’s decision to solicit an invitation to address the U.S. Congress in March.
  • ...8 more annotations...
  • ome interesting polls form a background to the collision of major historical forces unleashed by Israeli Prime Minister Netanyahu’s decision to solicit an invitation to address the U.S. Congress in March.
  • If that juncture is reached, we can expect the neoconservatives to claim the war will be a cakewalk. They’ve had practice with their lines. Charles Krauthammer, their best polemicist, has been sounding the tocsins lately about “Emerging Iranian Empire.”
  • The stakes are greater than a test of one’s affection towards Israel, the Zionist project, or the belief (or lack of it) that the Palestinians should have any rights at all in their native land. They are greater than whether Congress should be meddling in American diplomacy by passing sanctions legislation in the middle of negotiations, or whether those sanctions would actually “throw a grenade” into the talks, as Mossad chief Tamir Pardo described it. They are really over whether the United States should go to war against Iran at Israel’s behest. War is off the table for now—though it was less than eight years ago that leading neoconservatives were pushing loudly and openly for George W. Bush to attack Iran. But there is every possibility that the next president, a non-Rand Paul Republican or Hillary Clinton, would be far more amenable than Obama to Israel’s war entreaties.
  • The bills now working their way through Congress are an intermediate step, a threshold before war, after which the following steps would likely ensue: a blow up in the negotiations—hawkish Arkansas senator Tom Cotton said this was “very much the intended consequence” of the legislation—the reintroduction of more severe sanctions, which may hurt the Iranian people but will likely convince Iranian leaders that negotiation with the United States is futile; an end to the intrusive inspections mandated by the existing provisional agreements between the P5+1 and Iran, further advances in the Iran’s ambiguous nuclear program, leaving the next president with the option of containing a nuclear capable Iran or going to war. Netanyahu and the neocons believe that under such circumstances, the choice would be war.
  • Some interesting polls form a background to the collision of major historical forces unleashed by Israeli Prime Minister Netanyahu’s decision to solicit an invitation to address the U.S. Congress in March.
  • Obviously the invasion, which has smashed Iraq, killed hundreds of thousands and created perhaps a million refugees, cleared the stage for ISIS, and left Iraq vulnerable to an al-Qaeda-style takeover, did not work out quite as Krauthammer forecast. Nor was there any prospect that it would. So now the neoconservatives are laying the ground for their next war. Bombing Iran won’t do the job, say defense analysts like Kenneth Pollack (a somewhat chastened Iraq hawk.) We will need to occupy the country—four times as large as Iraq, with two and a half times the population. If you liked the occupation of Iraq, you’ll love war against Iran. The weird thing is that such a war is totally unnecessary. Iran is actually our ally against the fundamentalist jihadis of ISIS and actually the only Middle East country using any real muscle to combat ISIS. It’s a country with a fashionable, culturally pro-Western middle class which lives in uneasy coexistence with a fundamentalist regime that is about as well-respected as the Brezhnev era communist party was in the Soviet Union. The revolution, the hostage crisis, were more than 35 years ago. Anti-Americanism in Iran is more or less dead as a mobilizing force. Yet this is the country that Netanyahu and the neocons want us to bomb and invade.
  • I believe Obama can win his showdown with Netanyahu, win it decisively, and in so doing forever transform the relationship between the United States and Israel. But he can’t do it without laying his cards out very clearly, in a major speech, probably a televised speech. The points made would resemble those suggested in a seminal article by Robert Merry in The National Interest two and a half years ago. He would have to explain that the United States’ national interests on Iran have diverged from those of Israel, and why, and iterate that his constitutional duty is the protection of America’s national interest. He could explain that a war against Iran would quadruple the chaos in the Middle East, abort the economic recovery, and sever the United States both from its allies in Europe and its more ambivalent strategic rivals/partners, Russia and China. The only countries that would be pleased would be Israel and the Saudi princes. The American military, exhausted from 15 years of war, would face another 15 years of occupation duty. The jihadist Sunnis, ISIS and all the rest, Iran’s fiercest enemies, would of course be delighted at the destruction of the Shi’ite regime they view as apostate. But who else would be?
  • Above all, Obama could stress that as president he will no longer stand for American policies being subject to manipulation by a foreign power. In speaking in terms of American national interest, he will find reservoirs of support Democrats haven’t touched in many years. As Merry makes clear, the pushback would be fierce. But a president who explained his decisions in terms of refusing to concede the country’s sovereign command over decisions of war and peace to a minor foreign power would be victorious.
  • Paul Merrell on 01 Feb 15
     
    I can only wish that Obama had that much spine. Still, it counts a lot that the author is a founding editor of The American Conservative. I'm glad to see conservatives begin to speak out against the "tail wagging the dog" control Israel has had over U.S. foregein policy. But the last President who attempted to enforce the Foreign Agents Registration Act against the Israel Lobby was Jack Kennedy. Barack Obama is no Jack Kennedy.    
Paul Merrell

What GOP Senators Don't Understand About Iran | Al Jazeera America - 0 views

america.aljazeera.com/...not-understand-about-iran.html

war & peace U.S.-foreign-policy Iranian-nukes-myth Security Council Obama negotiations

shared by Paul Merrell on 13 Mar 15 - No Cached
  • There’s a charming naiveté to the open letter [PDF] by 47 Republican senators that condescendingly seeks to explain features of the U.S. constitutional system to Iran’s leaders that they otherwise “may not fully understand.” The missive warns that, with respect to “your nuclear negotiations with our government ... any agreement regarding your nuclear-weapons program that is not approved by the Congress” could be revoked by the next president “with the stroke of a pen and future Congresses could modify the terms of the agreement at any time.”
  • Beyond the amusing inaccuracies about U.S. parliamentary order, it seems there are some features of the nuclear negotiations that the signatory senators don’t fully understand — not only on the terms of the deal, but also on who would be party to an agreement. There are no negotiations on Iran’s “nuclear-weapons program” because the world’s intelligence agencies (including those of the U.S. and Israel) do not believe Iran is currently building nuclear weapons, nor has it made a strategic decision to use its civilian nuclear infrastructure to produce a bomb. An active Iranian nuclear-weapons program would render moot the current negotiations, because Iran would be in fundamental violation of the Nuclear Non-Proliferation Treaty (NPT). As things stand, Tehran remains within the terms of the NPT, which allows nuclear technology for peaceful purposes, but monitors member states to prevent weaponization. Tehran and the IAEA remain in dispute over full compliance with all transparency requirements of the NPT, particularly over alleged previous research into weapons design. But Iran’s nuclear facilities remain under constant monitoring by international inspectors who certify that no nuclear material is being diverted.
  • The current negotiations are focused on strengthening verifiable safeguards against weaponization over-and-above those required by the NPT, yet the Republican-led Congress, egged on by Israeli Prime Minister Benjamin Netanyahu, is warning that those goals are insufficient, and the terms and time-frame of the deal are unacceptable. The key element missing from the GOP Senators’ letter, however, is that the deal is not being negotiated between Iran and the United States; it is being negotiated between Iran and the P5+1 group, in which the U.S. is joined by Britain, France, Germany, Russia and China. Even if the U.S. is the key player in that group, the deal being pursued reflects an international consensus — the same consensus that has made sanctions against Iran so effective. This was likely in the mind of Iran’s foreign minister, Javad Zarif, who dismissed the letter as “of no legal value” and a “propaganda ploy.” Zarif noted that the deal would indeed be an international agreement adopted by the U.N. Security Council, which a new administration would be obliged to uphold — and that any attempt by the White House or Congress to abrogate, unilaterally modify or impede such an agreement would be a breach of U.S. obligations. 
  • Paul Merrell on 13 Mar 15
     
    "Zarif noted that the deal would indeed be an international agreement adopted by the U.N. Security Council, which a new administration would be obliged to uphold - and that any attempt by the White House or Congress to abrogate, unilaterally modify or impede such an agreement would be a breach of U.S. obligations." Apparently, I was wrong. I thought Obama would work around the demand for Congressional input by letting the other P5+1 members ink the deal but the U.S. not signing. But a U.N. Security Council Resolution is even stronger medicine for the War Party, since the SC has the power to forbid economic sanctions as well. Take that, Mr. Netanyahu and Mr. Boehner!
  • Paul Merrell on 13 Mar 15
     
    Could anything make it more clear that Netanyahu's speech to Congress was only to aid in his reelection in Israel? Israel has been briefed on the negotiations all along, so Netanyahu surely knew that the goal was a Security Council resolution that Congress could not affect. And while admittedly, the fact that it was a Security Council Resolution in the making was not widely known, are we to believe that the Speaker of the House of Representatives did not know that too? So are now not down to the entire spectacle of Netanyahu's speech being political, Netanyahu electioneering and Boehner mud-slinging the President?
Paul Merrell

Israeli officials head to France in last-minute bid to block nuclear deal | World news ... - 0 views

www.theguardian.com/...-france-stop-iran-nuclear-deal

war & peace Iran-negotiations Israel France

shared by Paul Merrell on 24 Mar 15 - No Cached
  • Unable to find support from its US allies, Israel is turning to France to help head off what it sees as a bad and dangerous nuclear deal with Iran.
  • In an interview with the Associated Press in Paris, the Israeli intelligence minister, Yuval Steinitz, said on Monday that dialogue with France over Iran’s nuclear program “has proven in the past that it was productive” and makes this week’s last-minute diplomatic mission to Paris worthwhile. France played a key role strengthening an interim agreement with Iran in late 2013 that froze important parts of the Islamic republic’s nuclear program in exchange for some relief from western sanctions. The so-called P5+1 group – Britain, China, France, Russia, the United States and Germany – is attempting to reach a final nuclear deal with Iran before a deadline expires at the end of the month.
  • The Iranian president, Hassan Rouhani, said on Saturday that “achieving a deal is possible” by the target date. A preliminary accord then is meant to lead to a final deal by the end of June that would permanently crimp Tehran’s nuclear programs in exchange for the lifting of sanctions. Iran claims that its program is only aimed at generating power, but other nations fear it is trying to develop nuclear weapons.
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  • Steinitz and Israel’s national security adviser, Yossi Cohen, were meeting with the French foreign minister, Laurent Fabius, and other top diplomats involved in the Iran talks. He told the AP only a deal that “dismantles, not simply freezes” Iran’s nuclear program would be acceptable. France has been more hawkish than the US at the negotiating table, reportedly demanding more stringent restrictions than other western delegations. Shimon Stein, a former Israeli ambassador to Germany who has been briefed on the P5+1 efforts with Iran, says Steinitz’s trip to France is a natural course of action given Israel’s opposition and the way the talks have been progressing. He said Prime Minister Benjamin Netanyahu’s 3 March address to Congress essentially exhausted the American option for Israel, and it is now trying to exert its influence against the deal wherever that is possible. Against a perception that the Americans are rushing to a deal and willing to cut corners to do so, he said France has become a potential ally from Israel’s perspective, supplanting Britain as the most hawkish European country regarding Iran.
  • “It’s only natural that given Netanyahu’s concern of a deal with Iran that he would turn to France,” Stein said. “France is the weak link among the group.” In the interview Steinitz declined to discuss what would happen if the deal now on the table goes through. “We don’t have a plan B, we only have a plan A and this is to try to prevent a bad deal with Iran or at least to try to make it more reasonable and to close some of the gaps and loopholes that made it even worse,” he said. In Tehran on Monday, an Iranian nuclear negotiator urged world powers to find a “common position” to achieve a “balanced” final nuclear deal. The deputy foreign minister, Abbas Araghchi, said Iran saw a lack of coordination among the six-nation group at the latest round of talks. The US and Iran broke off nuclear negotiations in Lausanne, Switzerland, on Friday for consultations but they are to resume the talks on Wednesday. Iran and the US have reported substantial progress in the talks but also say gaps remain. President Rouhani said on Saturday that “there is nothing that can’t be resolved”.
  • Paul Merrell on 24 Mar 15
     
    "He said Prime Minister Benjamin Netanyahu's 3 March address to Congress essentially exhausted the American option for Israel ..."  If true, then the battleground has shifted from Congress to France.
Paul Merrell

State: US concerned about missile defense system at Iranian uranium facility | TheHill - 0 views

thehill.com/...em-at-iranian-uranium-facility

shared by Paul Merrell on 30 Aug 16 - No Cached
  • The State Department said Monday it is concerned about Iranian state media reports that the country has deployed an advanced missile defense system around its Fordow underground uranium facility.  The S-300 surface-to-air missile system was sold to Iran by Russia over U.S. objections, after an international accord was reached last July that lifted sanctions on Iran in exchange for limits to its nuclear program. 
  • Russia had canceled a contract to deliver the systems to Iran in 2010, under pressure from the West, but announced it was reviving the contract in April 2015, as reaching a final nuclear deal appeared imminent. On Sunday, Iranian state TV reported that the S-300 was deployed at the Fordow facility, about 60 miles south of Tehran, according to Reuters. Since the signing of the deal in January, Iran has stopped enriching uranium there.  But U.S. officials and allies are concerned that the deployment of the S-300, which intercepts missiles, would limit potential future military options. Last August, the Pentagon expressed objections to the sale, but said it was "confident" the president would "have all the options he needs" to counteract the system.  
  • In October, former Marine Corps commandant retired Gen. James Conway warned the S-300's deployment "would be a game changer in the region." Iranian officials characterized the deployment of the system as defensive. "Our main priority is to protect Iran's nuclear facilities under any circumstances," said Brig. Gen. Farzad Esmaili, commander of the Islamic Revolutionary Guards Corps' air defense force. "Today, Iran's sky is one of the most secure in the Middle East." "The S-300 system is a defense system, not an assault one, but the Americans did their utmost to prevent Iran from getting it," Supreme Leader Ayatollah Ali Khamenei said. Sen. Tom CottonTom CottonState: US concerned about missile defense system at Iranian uranium facility GOP senators argue DOJ pressured Aetna on ObamaCare Trump, GOP see gold in Clinton Foundation attacks MORE (R-Ark.), member of the Senate Armed Service Committee, on Monday blasted the administration's Iran policy, saying it emboldened the "ayatollahs in Tehran" and led to the deal going through. "Had the Obama Administration not rushed to dismantle the international sanctions restraining Iran’s belligerence in the Middle East in pursuit of a legacy, Iran would not have been able to acquire and deploy such destabilizing weapons," he said.  
  • Paul Merrell on 30 Aug 16
     
    The S-300 is not state of the art, like Russia's S-500, but it's still a formidable deterrent to attack by air, particularly by the nation most likely to do so, Israel. The U.S. might conceivably do a saturation missile strike that could overcome the S-300. But Iran is correct: it's a defensive weapon. And the Iranian Nukes Myth is still a myth.
Gary Edwards

A New Reserve Currency to Challenge the Dollar | Veterans Today - 0 views

www.veteranstoday.com/...ng-on-in-the-straits-of-hormuz

Banksters GOLD David-Malone Oil Islamic-Wars

shared by Gary Edwards on 13 Jan 12 - No Cached
  • Gary Edwards on 13 Jan 12
     
    Author David Malone digs into world events, suggesting that all the saber rattling over Iran and nuclear weapons is really about GOLD!   He argues that the dollar is rapidly being replaced as the world's "settlement" currency.  As a function, "settlement" is different than "reserve", but since WWII and the Basel Conference, the USA Dollar has been both the currency of "reserve" and settlement".  That is now changing, and fast! David further suggests that the Iraqi wars with Saddam Hussein were also about his use of the Euro to "settle" oil purchases.  It could also be argued that Muamma Gaddafi in Lybia was removed because he was organizing all of Africa to "settle" oil and other commodity purchases in GOLD, and not the USA Dollar. Are the Islamic wars really about oil?  Or are they about how oil purchases are "settled"? David further argues that Russia, India, China and Japan are actively pursuing a GOLD based settlement currency agreement series where the Chinese Yuan plays a central role.  Interestingly, all of these countries have cut agreements with Iran.  Which seems to have triggered the December 2011 Obama response banning any banks, both private and government controlled, from dealings with Iran.   It's increasingly looking like it's not the Iranian nuclear weapons program that is upsetting to Obama and his Bankster buddies.  It's the rapid replacement of the worthless paper USA dollar as a settlement currency. One of the interesting points the venerable "Veterans Today" news sight is making is that our military is being used to forcefully prop up an inflationary Bankster Dollar, and force oil producing countries into accepting that inflated Bankster Dollar as payment.  The one thing the International Bankster Cartel doesn't want is for the trade of important commodities, especially energy, to be paid for in GOLD instead of the worthless paper they control. excerpt: I think the stand-off with Iran in the Straits of Hormuz over sanctions is a
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