Turkey expects China to invest in its high speed railway project from the eastern tip to the western part of the country, which would constitute an important part of the modern Silk Railroad,…
Category: Israel
The New York Times – THE United States has once again twisted itself into a rhetorical pretzel. As when it threatened military action against Syria if a “red line” was crossed, the Obama administration’s rhetoric about…
The Future of Ukraine The Ukraine of six months ago no longer exists; it has been destroyed by the scheming of Brussels and Washington. If there is to be something on the map named “Ukraine”…
It starts: Rosneft has recently signed a series of big contracts for oil exports to China and is close to signing a “jumbo deal” with Indian companies. In both deals, there are no US dollars involved. Reuters reports, that Russia is close to entering a goods-for-oil swap transaction with Iran that will give Rosneft around 500,000 barrels of Iranian oil per day to sell in the global market. The White House and the russophobes in the Senate are livid and are trying to block the transaction because it opens up some very serious and nasty scenarios for the petrodollar. If Sechin decides to sell this Iranian oil for rubles, through a Russian exchange, such move will boost the chances of the “petroruble” and will hurt the petrodollar. It can be said that the US sanctions have opened a Pandora’s box of troubles for the American currency. The Russian retaliation will surely be unpleasant for Washington, but what happens if other oil producers and consumers decide to follow the example set by Russia? During the last month, China opened two centers to process yuan-denominated trade flows, one in London and one in Frankfurt. Are the Chinese preparing a similar move against the greenback? We’ll soon find out.
“I sometimes get the feeling that somewhere across that huge puddle, in America, people sit in a lab and conduct experiments, as if with rats, without actually understanding the consequences of what they…
Since the overthrow of the Yanukovych government in Ukraine at the end of February 2014, the mainstream media en masse has attempted to whitewash the nature of the current Ukrainian government. This has…
We all understand why Russia is waging economic war on the Ukraine, but why is Obama doing so? The New York Time’ web site has posted a remarkable Reuters story (dated April 5, 2014) entitled…
While the world’s attention remains focused on Ukraine, Crimea is portrayed as its hotbed. No wonder as this peninsula is an absolutely pivotal portion of the Black Sea theatre for the very survival of the…
It’s hardly a match between equals – as one is playing Monopoly while the other plays chess. It’s as if Russian Foreign Minister Sergei Lavrov has been postponing his checkmate, while US Secretary of State John Kerry increasingly realizes he’s facing the inevitable. Lavrov has explained over and over again, a loose federation is the only possible solution for Ukraine, as part of a “deep constitutional reform”. That would imply ethnic – and even sentimentally – Russian eastern and southern Ukraine would be largely autonomous. Kerry gave signs of agreeing around two weeks ago that Ukrainian regions need more decision power; but then the White House recharged its moral blitzkrieg – coinciding with President Barack Obama’s trip to The Hague and Brussels. Still, even after an inconclusive four-hour Kerry-Lavrov chess match in Paris, there will be a checkmate.
Ukraine is burning, it is going to the dogs; it has been taken over by an illegitimate government engorged with fascists, neo-Nazis and simple pro-Western opportunists, as well as countless EU and US-sponsored members of…