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Paul Merrell

Noam Chomsky ; "Most of the World is Just Collapsing in Laughter" on Claims that Russia... - 0 views

  • Gibbs: One of the surprises of the post-Cold War era is the persistence of the North Atlantic Treaty Organization and other US-led alliances. These alliances were created during the Cold War mainly or exclusively for containing the claimed Soviet threat. In 1991, the USSR disappeared from the map, but the anti-Soviet alliance systems persisted and in fact expanded. How do we account for the persistence and expansion of NATO? What in your view is the purpose of NATO after the Cold War? Chomsky: We have official answers to that. It’s a very interesting question, which I was planning to talk about but didn’t have time. So thanks. It’s a very interesting question. For fifty years, we heard NATO is necessary to save Western Europe from the Russian hordes, you know the slave state, stuff I was taking about. In 1990-91, no Russian hordes. Okay, what happens? Well there are actually visions of the future system that were presented. One was Gorbachev. He called for a Eurasian security system, with no military blocs. He called it a Common European Home. No military blocs, no Warsaw Pact, no NATO, with centers of power in Brussels, Moscow, Ankara, maybe Vladivostok, other places. Just an integrated security system with no conflicts. That was one. Now the other vision was presented by George Bush, this is the “statesman,” Bush I and James Baker his secretary of state. There’s very good scholarship on this incidentally. We really know a lot about what happened, now that all the documents are out. Gorbachev said that he would agree to the unification of Germany, and even adherence of Germany to NATO, which was quite a concession, if NATO didn’t move to East Germany. And Bush and Baker promised verbally, that’s critical, verbally that NATO would not expand “one inch to the east,” which meant East Germany. Nobody was talking about anything farther at the time. They would not expand one inch to the east. Now that was a verbal promise. It was never written. NATO immediately expanded to East Germany. Gorbachev complained. He was told look, there’s nothing on paper. People didn’t actually say it but the implication was look, if you are dumb enough to take faith in a gentleman’s agreement with us, that’s your problem. NATO expanded to East Germany. There’s very interesting work, if you want to look into it by a young scholar in Texas named Joshua Shifrinson, it appeared in International Security, which is one of the prestige journals, published by MIT.4 He goes through the documentary record very carefully and he makes a pretty convincing case that Bush and Baker were purposely deceiving Gorbachev. The scholarship has been divided on that, maybe they just weren’t clear or something. But if you read it, I think it’s quite a convincing case, that they were purposely setting it up to deceive Gorbachev.
  • Okay, NATO expanded to East Berlin and East Germany. Under Clinton NATO expanded further, to the former Russian satellites. In 2008 NATO formally made an offer to Ukraine to join NATO. That’s unbelievable. I mean, Ukraine is the geopolitical heartland of Russian concern, quite aside from historical connections, population and so on. Right at the beginning of all of this, serious senior statesmen, people like Kennan for example and others warned that the expansion of NATO to the east is going to cause a disaster.5 I mean, it’s like having the Warsaw Pact on the Mexican border. It’s inconceivable. And others, senior people warned about this, but policymakers didn’t care. Just go ahead. Right now, where do we stand? Well right at the Russian border, both sides have been taking provocative actions, both sides are building up military forces. NATO forces are carrying out maneuvers hundreds of yards from the Russian border, the Russian jets are buzzing American jets. Anything could blow up in a minute. In a minute, you know. Any incident could instantly blow up. Both sides are modernizing and increasing their military systems, including nuclear systems. So what’s the purpose of NATO? Well actually we have an official answer. It isn’t publicized much, but a couple of years ago, the secretary-general of NATO made a formal statement explaining the purpose of NATO in the post-Cold War world is to control global energy systems, pipelines, and sea lanes. That means it’s a global system and of course he didn’t say it, it’s an intervention force under US command, as we’ve seen in case after case. So that’s NATO. So what happened to the years of defending Europe from the Russian hordes? Well, you can go back to NSC-68,6 and see how serious that was. So that’s what we’re living with.
Paul Merrell

Russia is now in charge of Syria's air space. America is shut out - 0 views

  • Russia’s lead negotiator at the Astana Peace Talks, Alexander Levrentyev has confirmed that US coalition planes will be banned from flying over the Syrian safe-zones established in a key Memorandum at the Astana Peace talks. READ MORE: 5 reasons the Astana ‘safe zone’ Memorandum is good for Russia and Syria As the Astana group which is comprised of delegations from Russia, Iran and Turkey prepare to discuss the particulars of setting up the safe-zones, Levrentyev said, “As for [the US led coalition] actions in the de-escalation zones, starting from now those zones are closed for their flights” He continued, “As guarantors we will be tracking all actions in that direction,” he remarked. “Absolutely no flights, especially by the international coalition, are allowed. With or without prior notification. The issue is closed”. This statement indicates that the Syrian led anti-terrorist coalition whose strongest member is Russia, is now in full control of Syria’s airspace. Any attempts by the US to try and use political blackmail to ground the jets of countries not in its increasingly ineffective coalition, is now realistically off the table. If America does want to fly over these zones, it would have to be done with the permission and coordination of Russia.
  • Russian Deputy Defense Minister Aleksandr Fomin said that the safe-zones will become operation late on the 5th or May. He also said, “It was supported by all principal players, including the UN, the US administration, Saudi Arabia and other nations, so there is a certain degree of guarantee that the memorandum will be implemented”. This is potentially a big game changer in three ways. First of all, it is an historically important moment wherein Russia rather than the US has taken charge of international efforts to dictate not only the political but operational and military trajectory of a major conflict. Secondly, because Syria has approved the Astana memorandum and remains a close partner with Russia, it means that Syria now has de-facto regained control over its airspace, a control whose partial loss was always a violation of international law. Finally, because the UN has officially approved the Astana Memorandum, it means that any US disagreements would mean conflict with not only Syria, Russia and Iran but also with the United Nations and NATO member Turkey which is a formal signatory of the Memorandum. Thus far the US and even Saudi Arabia hve gone along with the agreement. If the US or its allies changed their minds, it would not only cause conflict, but would be extremely embarrassing to an all ready hyper-sensitive Trump administration. America got its no fly zones in all but name, but it is not in charge of them. America sought no fly-zones in order to try and ground Russian and Syrian jets. Now, something resembling the opposite of this is becoming the new reality. With all the frankly silly and totally unsubstantiated talk of Russia interfering in America’s domestic policy making, the truth is that Russia is now interfering in America’s foreign policy making. America’s typically extra-legal hegemonic foreign policy is under threat in Syria and it is Russia whose influence is making this so.
Paul Merrell

PressTV-Russia, Turkey finalize S-400 missile system deal - 0 views

  • Russia has finalized an agreement with Turkey on the sale of the S-400 air defense missile system. Vladimir Kozhin, a presidential aide who oversees Russia’s matters of military cooperation, said Thursday that the deal was now finalized and Moscow would begin delivery of the system to Ankara in late 2019. “The first deliveries are likely to begin at the end of 2019, beginning of 2020,” Kozhin said. He said no more issues remained about the deal, which was discussed between Russia's President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan during the former’s visit to Ankara on December 11. “All aspects have been resolved over the past few days ... All parameters, all technologies, the entire deal has been agreed ... Practically speaking, the contract is entering the phase of realization,” he said.
  • The deal comes as Turkey has been establishing closer relations with Russia after it experienced glitches in its relations with Western governments following a crackdown in the country over the July 2016 coup attempt. The alliance originally reacted skeptically to the decision, saying the system was not compatible with its equipment. However, the Pentagon said recently that Turkey’s purchase of the S-400 system, the most significant deal Ankara has signed with a non-NATO military supplier, was generally “a good idea” as it was inter-operable with the military alliance's other systems. The S-400 is Russia’s latest surface-to-air missile defense batteries. Moscow aims to sell the system to Saudi Arabia, with Kozhin saying Thursday that the deal with Riyadh could also be finalized before the end of the year.
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    The second largest military force in NATO acquires the ability to shoot down U.S. warplanes.
Paul Merrell

Pakistan considers dumping dollar for yuan in trade with China - RT Business News - 0 views

  • The government of Pakistan is considering a proposal to start using the Chinese yuan in trade with China, according to the Interior Minister Ahsan Iqbal, as quoted by Pakistan’s English-language daily Dawn. “We are examining the use of yuan instead of the US dollar for trade between the two countries,” the minister told the media after the official launch of the Long Term Plan (LTP) for the China-Pakistan Economic Corridor (CPEC).
  • ilateral trade between Pakistan and China was worth $13.8 billion in 2015 to 2016, a decade after the countries signed a free trade agreement. Pakistan will continue to use the rupee domestically, according to Iqbal.The LTP includes cooperation between the countries in energy, information network infrastructure, road and rail connections, trade and industrial parks, tourism, agriculture, and poverty alleviation. The plan will be implemented in three phases, the first ending in 2020, followed by another in 2025, with completion in 2030.
  • Under the plan, the countries intend to develop multi-level cooperation and strengthen policy coordination, as well as establish and improve the cross-border credit system and financial services. Karachi and Beijing are also planning to enhance currency swap arrangements and create a bilateral payment and settlement system.
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  • Earlier this year, China pledged to invest $57 billion in Pakistan to fund the CPEC project as part of its “Belt and Road” initiative, which aims to build a ‘New Silk Road’ of land and sea trade routes across more than 60 countries in Asia, Europe, and Africa.
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    Exodus from the dollar continues.
Paul Merrell

FBI Informant "Threatened" After Offering Details Linking Clinton Foundation To Russian... - 0 views

  • While the mainstream media has largely ignored it, the scandal surrounding Russian efforts to acquire 20% of America's uranium reserves, a deal which was ultimately approved by the Obama administration, and more specifically the Committee on Foreign Investment in the United States (CFIUS) which included Hillary Clinton and Eric Holder, is becoming more problematic for Democrats by the hour.  As The Hill pointed out earlier this morning, the latest development in this sordid tale revolves around a man that the FBI used as an informant back in 2009 and beyond to build a case against a Russian perpetrator who ultimately admitted to bribery, extortion and money laundering.  The informant, who is so far only known as "Confidential Source 1," says that when he attempted to come forward last year with information that linked the Clinton Foundation directly to the scandal he was promptly silenced by the FBI and the Obama administration.
  • Working as a confidential witness, the businessman made kickback payments to the Russians with the approval of his FBI handlers and gathered other evidence, the records show.   Sources told The Hill the informant's work was crucial to the government's ability to crack a multimillion dollar racketeering scheme by Russian nuclear officials on U.S. soil that involved bribery, kickbacks, money laundering and extortion. In the end, the main Russian executive sent to the U.S. to expand Russian President Vladimir Putin's nuclear business, an executive of an American trucking firm and a Russian financier from New Jersey pled guilty to various crimes in a case that started in 2009 and ended in late 2015.   Toensing added her client has had contact from multiple congressional committees seeking information about what he witnessed inside the Russian nuclear industry and has been unable to provide that information because of the NDA.   “He can’t disclose anything that he came upon in the course of his work,” she said.   The information the client possesses includes specific allegations that Russian executives made to him about how they facilitated the Obama administration's 2010 approval of the Uranium One deal and sent millions of dollars in Russian nuclear funds to the U.S. to an entity assisting Bill Clinton's foundation. At the time, Hillary Clinton was serving as secretary of State on the government panel that approved the deal, the lawyer said.
  • In the midst of the new discoveries revealed yesterday about the Uranium One case (see: FBI Uncovered Russian Bribery Plot Before Obama Approved Uranium One Deal, Netting Clintons Millions), "Confidential Source 1" has once again hired an attorney, Victoria Toensing, a former Reagan Justice Department official and former chief counsel of the Senate Intelligence Committee, to get his story out. Sitting down with The Hill earlier, Toensing said that the last time her client tried to speak out "both his reputation and liberty" were "threatened" by the Obama administration in a effort to force his silence.  “All of the information about this corruption has not come out,” she said in an interview Tuesday. “And so my client, the same part of my client that made him go into the FBI in the first place, says, 'This is wrong. What should I do about it?'”   Toensing said she also possesses memos that recount how the Justice Department last year threatened her client when he attempted to file a lawsuit that could have drawn attention to the Russian corruption during the 2016 presidential race as well as helped him recover some of the money Russians stole from him through kickbacks during the FBI probe.   The undercover client witnessed “a lot of bribery going on around the U.S.” but was asked by the FBI to sign a nondisclosure agreement (NDA) that prevents him from revealing what he knows to Congress, Toensing explained.   When he tried to bring some of the allegations to light in the lawsuit last year, “the Obama Justice Department threatened him with loss of freedom. They said they would bring a criminal case against him for violating an NDA,” she added.
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  • As we pointed out last summer when Peter Schweizer first released his feature documentary Clinton Cash, the Uranium One deal at the center of this scandal is believed to have netted the Clintons and their Clinton Foundation millions of dollars in donations and 'speaking fees' from Uranium One shareholders and other Russian entities. Russian Purchase of US Uranium Assets in Return for $145mm in Contributions to the Clinton Foundation - Bill and Hillary Clinton assisted a Canadian financier, Frank Giustra, and his company, Uranium One, in the acquisition of uranium mining concessions in Kazakhstan and the United States.  Subsequently, the Russian government sought to purchase Uranium One but required approval from the Obama administration given the strategic importance of the uranium assets.  In the run-up to the approval of the deal by the State Department, nine shareholders of Uranium One just happened to make $145mm in donations to the Clinton Foundation.  Moreover, the New Yorker confirmed that Bill Clinton received $500,000 in speaking fees from a Russian investment bank, with ties to the Kremlin, around the same time.  Needless to say, the State Department approved the deal giving Russia ownership of 20% of U.S. uranium assets 
Paul Merrell

JPMorgan to pay record $920 million to resolve trading probes - 1 views

  • JPMorgan Chase is set to pay a record $920 million to resolve probes from three federal agencies over its role in the manipulation of global markets for metals and Treasurys.The figure was released Tuesday morning by the Commodity Futures Trading Commission in a statement from Commissioner Dan Berkovitz. Last week, news reports indicated that the New York-based bank was nearing a settlement of almost $1 billion.The penalty is a record for spoofing, which is when sophisticated traders flood markets with orders that they have no intention of actually executing. The practice was banned after the 2008 financial crisis and regulators have made it a priority to stamp out.Of the $920 million, $436.4 million is a criminal monetary penalty, $172 million is a “criminal disgorgement amount” and $311.7 million is for victim compensation, according to the Department of Justice.
  • JPMorgan Chase is set to pay a record $920 million to resolve probes from three federal agencies over its role in the manipulation of global markets for metals and Treasurys.The figure was released Tuesday morning by the Commodity Futures Trading Commission in a statement from Commissioner Dan Berkovitz. Last week, news reports indicated that the New York-based bank was nearing a settlement of almost $1 billion.The penalty is a record for spoofing, which is when sophisticated traders flood markets with orders that they have no intention of actually executing. The practice was banned after the 2008 financial crisis and regulators have made it a priority to stamp out.Of the $920 million, $436.4 million is a criminal monetary penalty, $172 million is a “criminal disgorgement amount” and $311.7 million is for victim compensation, according to the Department of Justice.
  • The bank, the biggest U.S. lender by assets, has entered into a deferred prosecution agreement with the DOJ that will expire in three years if the firm satisfies its obligations under the deal. 
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  • In his statement, the CFTC’s Berkovitz said he opposed the ruling from his agency that JPMorgan’s actions “should not result in any disqualifications under the ‘bad actor’ provisions of the securities laws.” He is apparently referring to the fact that the settlement isn’t expected to result in business restrictions on other areas of the firm.
  • The bank also has quietly settled a long-running lawsuit that accused the bank of manipulating precious metals markets with “spoofing” trades. The lawsuit was filed in 2015 by Daniel Shak, the hedge fund operator and high-stakes poker player, and two metals traders, Mark Grumet and Thomas Wacker.The three plaintiffs had accused JPMorgan of manipulating the silver futures market from 2010 through 2011 through spoofing trades. Details of the settlement were not disclosed in court filings.
  • In September 2019, federal prosecutors charged Nowak and two other former JPMorgan precious metals traders, Gregg Smith and Christopher Jordan, with participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers, as well as other crimes related to alleged spoofing.A superseding indictment was filed in the criminal case two months later, adding another defendant, ex-JPMorgan executive Jeffrey Ruffo, who had worked in hedge fund sales on the firm’s precious metals desk.All four defendants have pleaded not guilty. Trial in that case is scheduled to begin next April in Chicago federal court.
  • The CFTC noted in their press release that the agency continues to pursue civil litigation against Nowak and  Smith, for spoofing and attempted price manipulation.Although Shak’s lawsuit has been settled, JPMorgan still faces a class action lawsuit related to alleged spoofing in the precious metals markets.
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