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Russia's Response To European Capital Sanctions In One Word | Zero Hedge - 0 views

  • While the West continues to press the "Russia is increasingly isolated" meme, it appears - as we noted ironically previously, that Vladimir Putin is finding plenty of friends... most notably China. While threats of 'asymmetric' retaliation over European sanctions may have been enough to worry Europe's leaders, the slew of news overnight regarding increased cooperation between China and Russia is likely more damaging to Western strategy (and egos).   Not so isolated...
  • As overnight news shows... China and Russia are ramping up their cooperation... First, as Reuters reports, Russia and China pledged on Tuesday to settle more bilateral trade in rouble and yuan and to enhance cooperation between banks, Russia's First Deputy Prime Minister Igor Shuvalov said, as Moscow seeks to cushion the effects of Western economic sanctions... Russia's First Deputy Prime Minister Igor Shuvalov said told reporters in Beijing that he had agreed an economic cooperation pact with China's Vice Premier Zhang Gaoli that included boosting use of the rouble and yuan for trade transactions.   The pact also lets Russian banks set up accounts with Chinese banks, and makes provisions for Russian companies to seek loans from Chinese firms.
  • Second, as RBTH reports, The Chinese company CNPC is to get up to 10 percent in Russia’s Vankor oilfields, Rosneft’s biggest production asset... Russian President Vladimir Putin announced the plan at the construction launch of the Power of Siberia gas pipeline on 1 September, business newspaper Kommersant reported.   “The plan will secure state support, and we will encourage your participation,” said Putin to the members of the Chinese delegation.   “There are no restrictions for our Chinese friends,” he said. According to Kommersant, the Chinese state company CNPC could get up to 10 percent in Vankorneft for approximately $1 billion.
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  • are not going to break old contracts, most of which were denominated in dollars," Shuvalov said through an interpreter.   "But, we're going to encourage companies from the two countries to settle more in local currencies, to avoid using a currency from a third country." *  *  * So that blows the oil/gas funding sanctions plan out of the water as Russian firms will merely fund via China.
  • So that knocks another leg out of the sanctions stool as investment in energy infrastructure and technology is covered. *  *  * And finally, as ITAR-TASS reports, Russian Railways are set to get RUB400 Billion investment from Chinese investors... Chinese investors have expressed their willingness to invest 400 billion rubles. in the construction of high-speed highway Moscow - Kazan. Itar-Tass said the first vice-president of Russian Railways Alexander Misharin.   "Even today, the Chinese banks, China Development Bank in the first place, ready to raise the funding needed for this project, we are talking about the order of 400 billion rubles." - Said Misharin, noting that the final decision on the construction of high-speed rail is in Russian government.
  • arin emphasized that the stated funds are sufficient to "provide funding for the project in terms of funds raised." *  *  * But apart from that, yeah Russia is isolated...
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Is there a second NSA leaker after Snowden? | TheHill - 0 views

  • Top experts say there could be a new person leaking details about the National Security Agency, in addition to former contractor Edward Snowden.Glenn Greenwald, the journalist most closely associated to Snowden, said he suspects someone else has been involved in leaking out new documents, and other experts have backed up the claim.ADVERTISEMENTThe existence of a second leaker “seems clear at this point,” Greenwald wrote on Twitter over the weekend. “The lack of sourcing to Snowden on this & that last [Der Spiegel] article seems petty telling,” he added, after German broadcasters reported that the NSA was tracking people searching for details about privacy software. 
  • Neither the Der Spiegel article from December nor last week’s story, both of which were partly written by privacy advocate and security researcher Jacob Appelbaum, specifically mentioned that the information emanated from leaks by Snowden.“That's particularly notable given that virtually every other article using Snowden documents - including der Spiegel - specifically identified him as the source,” Greenwald said in an email to The Hill on Monday.Other people who have seen Snowden’s trove of documents have agreed that the documents revealed by German outlets seem to indicate a second source.
  • Bruce Schneier, a cryptologist and cybersecurity expert who has helped the Guardian review Snowden’s disclosures, said he did “not believe that this came from the Snowden documents.”“I think there’s a second leaker out there,” he wrote in a blog post last week. If true, it could add another headache for the NSA, which has struggled for more than a year to contain the fallout from Snowden’s revelations. Defenders of the NSA say that the disclosures have hurt U.S. security and empowered terrorists and other enemies abroad.Among other internal reforms, the spy agency has beefed up its clearance procedures to prevent another employee from passing along secret documents to journalists or governments in Beijing and Moscow.
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  • “If in fact this is a post-Snowden NSA leak, then it’s probably just proof that you can always build a bigger mousetrap; that doesn’t mean you’re going to catch the mice,” said Stephen Vladeck, a law professor at American University who specializes in national security issues.Vladeck added that leaks about controversial national security programs are in many ways inevitable, and may not be tied to Snowden’s leaks in any way.For Greenwald, however, a second leaker would be affirmation of Snowden’s actions.“I've long thought one of the most significant and enduring consequences of Snowden's successful whistleblowing will be that he will inspire other leakers to come forward,” he told The Hill. 
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Embassy of Cuba in NZ Newsletter - No.4 31st January 2015 | Scoop News - 0 views

  • Agreement China-CELAC a ‘Costa Rican achievement’ — Correa Ecuador president Rafael Correa has said that the Celac agreement with China, was probably the greatest achievement of Costa Rica during its presidency, adding that among the main achievements was reaching concrete agreements with China in the bilateral forum recently held there.In an interview with several local television channels, the Ecuadorian president said that for its size, China can be considered as a region, and deepening the relationship would be beneficial for the Celac countries.Beijing was the “principal financier of the world” and to achieve agreements to finance projects aimed at the development of Latin America and the Caribbean Project was “a great success,” he said.Correa, now pro tempore president of the regional bloc, said that at the current stage of development of the region, what was needed was financing.“We no longer need,” he said, “the alms like those given by NGOs who come to construct little schools, because we can do that.“What we need is science, technology, technology transfer to help us create our human talent, and China can give those to us,” he added.
  • Correa considered it was a complementary relationship between equals, given that China needs energy, oil and food, which could be obtained from Latin American and Caribbean countries.Four priority areas were identified for the work of the new presidency: reducing extreme poverty, establishment of a new international financial architecture, development of science and technology, and road, productive and energy infrastructure.
  • Cuba and China strengthen economic relations Cuba and China have signed five new agreements — in agriculture, telecoms, trade, finances, industry and transportation — confirming both countries’ interest in strengthening and expanding their economic relations.This was the result of the 27th Intergovernmental Commission Cuba-China held last week which also made official the postponement of the starting date of payment of the credit given by China through the Economic and Technical Cooperation agreement.
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  • Both parties agreed to carry out a special session in four months to examine the bilateral economic agenda and the processes of implementation of the signed documents.The 27th Intergovernmental Commission also reviewed 29 cooperation and economic agreements signed during the visit of Chinese President, Xi Jinping on July 22 last year.The documents dealt with the concession of a line of credit for the construction of the multipurpose terminal in the port of Santiago de Cuba, in the eastern region of the island, among other facilities.Deputy minister of foreign trade and investment Ileana Nuñez said the agreements would attract more revenues to sectors like tourism, mining and construction.She underlined the favourable conditions and level of mutual relations, which grow, deepen and expand the interest of more Chinese investors.China is the second biggest trading partner of Cuba and Cuba is China´s major partner in the Caribbean, while Cuban tobacco and marine products gain ground in Asia.Assistant trade minister of China Zhang Xiangchen ratified their intention to honour commitments and strengthen economic and trade relations with Cuba.The trade relationship of both nations exceeded 1.4 billion dollars in 2013 and after signing the latest agreements, it could increase by 26 percent, according to official estimates.
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China's Xinjiang Problem - Made in USA First | nsnbc international - 0 views

  • China’s western region of Xinjiang, a vast area home to some 21 million people, is one of several hubs of destabilization maintained by the US State Department and its vast network of nongovernmental organizations (NGOs), covert programs, and overt political meddling. America’s “Xinjiang game” is part of a larger, long-term goal of encircling, containing, and undermining China in a bid to maintain American hegemony across Asia.
  • Were one to believe the rhetoric emanating from any of these NGOs or the US State Department itself, the majority of Xinjiang’s population groans under the unbearable, despotic, inhumane rule of the Chinese Communist Party (CCP). US-based and funded NGOs claim that ethnic Uyghurs are regularly persecuted, discriminated against, and have their human rights consistently and unreasonably violated by Beijing. Of course, most of these claims are referred to by even the Western media as “allegations,” not documented facts, with the vast majority of these claims coming from a handful of Uyghur groups funded directly by the US State Department through its National Endowment for Democracy (NED). And most of these allegations are in regards to individuals and organizations directly linked to US efforts to destabilize the region. NED’s website even refers to China’s Xinjiang province parenthetically as “East Turkistan,” the name of the fictional state separatists seek to carve out of Chinese territory (with US backing).
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