Puppet Masters
Tempting as it might be to think a stronger dollar offsets higher US tariffs by making Chinese imports cheaper, the International Monetary Fund says the greenback's global prevalence tells a different story, reported Bloomberg.
Gita Gopinath, the IMF Chief Economist, said, "US importers and consumers are bearing the burden of the tariffs, the stronger US currency has had a minimal impact thus far on the dollar prices Chinese exporters receive because of dollar invoicing."
Not so here in Laredo Sector, where the Rio Grande narrows and separates the bushy banks of Mexico and the U.S. by mere feet of water. Migrants, predominantly adult men from Mexico rather than the Central American families common in other sectors, take advantage of the low river surrounded by trees. They know, as do the smugglers who assist illegal immigrants, that if they scramble across the water and into the trees, they are a short sprint from disappearing in Laredo amid its many fast-food restaurants, tiny houses and money exchanges.
But lately, the crisis-level surge in crossings has eased.
Introduction: first, several friends recently suggested that that I should interview Professor Seyed Mohammad Marandi; then I read this most interesting text on Moon of Alabama and I decided to ask Professor Marandi to share his views of the current situation in Iran, the Persian Gulf the rest of the Middle-East who very kindly agreed to reply to my question in spite of his most hectic and busy schedule. I am most grateful to Prof. Marandi for his time and replies. Crucially, Prof. Marandi debunks the silly notion that Russia and Israel are allies or working together. He also debunks that other canard about Russia and Iran having some major differences over Syria. Prof. Marandi, who is currently in Iran, is superbly connected and informed, and I hope that with this interview some of the more outlandish rumors which were recently circulated will finally be seen for what they are: utter, total, nonsense. Enjoy the interview!
The Saker: It is often said that there is an "axis of resistance" which comprises Syrian, Hezbollah, Iran, Russia and China. Sometimes, Venezuela, Cuba or the DPRK are added to this list. Do you believe that there is such an "axis of resistance" and, if yes, how would you characterize the nature of this informal alliance? Do you think that this informal alliance can ever grow into a formal political or military alliance or a collective security treaty?
"The word recession is inappropriate... We're very far from a recession," Trump said on Tuesday, adding that his critics would "love to see" an economic downturn. Earlier, he tweeted a video clip of Fox Business host Lou Dobbs blaming "radical Democrats" for the recession talk.
Comment: The Left is looking for any scenario, factual or not, that hands them control of the country - and we know, from the last election, they are not above utilizing any means to achieve a particular result. If a recession is truly on the horizon, Trump may be the best choice America has.
See also:
- Paul Krugman: US wildly unprepared for imminent recession
- IMF chief warns we are 'dangerously unprepared' for the upcoming global recession
"Americans tested this missile too quickly - way too quickly after having announced [they] are leaving the agreement. Given that, we have all reasons to believe that development to make it a ground launched missile - it's a maritime based projectile - started long before [US started] to look for reasons to leave the deal."The weapon was confirmed by the Pentagon as being a modified version of a sea-based Tomahawk cruise missile, which is normally stationed on warships and submarines. It came just about two weeks after the Intermediate-Range Nuclear Forces Treaty (INF) officially expired on August 1.
He also urged Moscow to play a constructive role in reviving peace efforts for Ukraine, which has been fighting Kremlin-backed separatists for more than five years at a cost of more than 13,000 lives.
Mass said in Berlin, regarding a cease-fire that hasn't fully taken hold:
"We have hope for the light at the end of the tunnel when it comes to issues of cease-fire, disengagement of forces, and implementation of the Minsk agreements. Now all sides need to demonstrate readiness for dialogue and action, or people will continue to die in this conflict."To resolve the issue, "we need direct and open dialogue," Maas said.
Ukrainian President Volodymyr Zelenskiy earlier this month urged Russian President Vladimir Putin to help halt the conflict in eastern Ukraine.
The 2015 international agreement lifted economic sanctions from Tehran in exchange for accepting restrictions on its nuclear industry. Last year, Washington pulled out of the deal and launched a "maximum pressure" campaign against Iran. The European signatories promised they would work on shielding the Iranians from the American U-turn, but Tehran was not satisfied and eventually started downgrading its commitments under the deal.
French President Emmanuel Macron on Wednesday said he has new proposals on what the Europeans can do about the situation.
"We have made proposals either for a softening of sanctions or a compensation mechanism to enable the Iranian people to live better," Macron said, without elaborating. He said he would relay his plan to Tehran ahead of the upcoming G7 summit that France hosts.
Responding to the news on Thursday, Iranian Foreign Minister Mohammad Javad Zarif indicated his government was willing to negotiate. "There are proposals on the table... and we are going to work on those proposals," he said at the Norwegian Institute of International Affairs.
Comment: See also:
- Macron wants in on new nuclear deal with Iran
- Rouhani tells Macron Iran nuclear deal 'not negotiable'
- 'Defense is non-negotiable': Tehran dismisses Macron's calls to renegotiate Iran's nuclear agreement and impose sanctions
- French President Macron goes full idiot, seeks to revise Iran nuclear deal to avert Tehran's hegemony in Middle East
The remark came during one of Trump's trademark "helicopter" press conferences, outside the White House on Wednesday. Fielding questions on a range of topics, the president touched on the tariff war with China that he launched in March 2018.
Noting that his life would be "much easier" if he did as other presidents and let China take advantage of the US economically, Trump said he had to do something about it.
Today it seems that so-called Kosovo has become fertile recruiting ground for ISIS. During 2014, dozens of people were arrested for suspected terrorist activity and more than 300 (officially) left for the Middle East to join ISIS and Al-Nusra Front; more than 30 have been killed, according to government figures. The strong presence of foreign fighters from the Balkans and Kosovo was suggested when Abu Bakr Al-Baghdadi's speech declaring himself to be the "caliph" was translated into English, French, German, Turkish, Russian and Albanian.
Comment: One might wonder if the establishment of covert training camps for jihadists was one of the West's unstated goals when carving out the "state" of Kosovo from the wreckage of Yugoslavia.
- Bill Clinton worked closely with Al Qaeda: "Helped Turn Bosnia into Militant Islamic Base"
- Kosovo's Daesh training camps, a nursery for young terrorists
- At least 120 locals who fought for Daesh return home to Kosovo over past few years
- Serbian president praises Russian op in Syria - prevented ISIS from forming Kosovo-style state
The Astana agreement between Turkey and Russia, with the blessing of Iran and Syria, has also established static Turkish observation positions in Morek, south of Khan Shaykhoun (now in the current Syrian Army military operational theatre). Turkey is showing uncharacteristic timidity in the way it is contesting the military operation against the al-Golani group and other rebels and jihadists. Sources close to decision makers in Syria said "Turkey was not at all surprised at the operation and its objectives. The Astana agreement is being imposed by fire on those contesting it."
The Jihadist leader al-Golani was obviously misinformed about the capacities of the Syrian Army; he thought Damascus was on its knees and unprepared for battle. He also miscalculated his own strength when challenging Turkey, supposing that he could simply reject a deal agreed by Ankara and stand against it, unharmed. Refusing to withdraw his jihadists from the demarcation line has now cost him a strategic city, Khan Shaykhoun, together with the anger of the thousands of civilian inhabitants who fled to Idlib. Ankara has lifted its protection of al-Golani to help him realise who is running the show in the north-west of Syria - even if he is in command of thousands of jihadists. Al-Golani's underestimation of the Syrian Army is costing him a strategic city.















Comment: RT reports that China is threatening retaliatory measures should the US go ahead with any further tariffs: The outlook for the global economy is looking particularly bleak: