Puppet MastersS


Network

India will import Iranian crude oil using rupee payment mechanism

indian flag
India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters on Thursday, adding that 50 percent of those payments will be used for exporting items to Tehran. State-owned UCO Bank is expected to announce the payment mechanism in the next 10 days, the source said.

"An agreement had been signed by the Indian and Iranian government on Nov. 2 2018 for oil payment in rupees and 50 percent of those funds had been earmarked for exports," according to an Indian government document reviewed by Reuters. Oil payments are being made in rupees only as against earlier arrangements where there was a ratio of 45 percent rupees and 55 percent euros, the document said.

Russian and Chinese shipping companies were pitching to facilitate India-Iran trade, the source said. Under U.S. sanctions, India will be allowed to export farm commodities, food, medicines, and medical devices to Iran. However, items such as petroleum and petrochemical products, automobiles, steel, precious metals and graphite are not allowed to be exported to Tehran.

Dollars

Soros family office fined by Hong Kong securities regulator for naked short selling

soros
© Simon Dawson/Bloomberg
Soros Fund Management, the about $25 billion family office of billionaire George Soros, was fined by Hong Kong's securities regulator for naked short selling.

The company's Hong Kong unit was reprimanded and fined HK$1.5 million ($192,000) for a 2015 trade involving a bonus share issue of Great Wall Motor Co., the city's Securities and Futures Commission said in a statement on Thursday.

"The SFC considers that SFM not only failed to act with due skill, care and diligence in dealing in the bonus shares, but also failed to diligently supervise its staff members and implement adequate and effective systems and controls to ensure compliance with the short selling requirements," it said.

The Chinese automaker announced the bonus share issue in August 2015. Soros Fund Management's local unit, known as SFM HK Management Ltd., was notified by its custodian that it was entitled to 1.6 million bonus shares as a result of already owning 808,000 Great Wall Motor shares.

Eye 1

'Near liberty?': Assange rejects deal between UK, Ecuador for him to leave embassy

Assange
WikiLeaks founder Julian Assange on Thursday rejected a deal brokered between Ecuador and the United Kingdom that would allow him to leave the Ecuadorian embassy in London for the first time in six years, the U.K.'s Telegraph reported.

Ecuadorian President Lenín Moreno said Assange can choose to leave the embassy without the risk of being extradited for charges abroad.

"The way has been cleared for Mr Assange to take the decision to leave in near-liberty," Moreno told The Telegraph, without elaborating on what "near liberty" meant.

Assange's lawyer, Barry Pollack, told The Telegraph that the U.K.-Ecuador agreement was not acceptable because it did not protect Assange from being extradited to the United States.

Arrow Down

Dunford says US needs 35-40k local fighters in Syria - for what?

sdf raqqa
© Reuters / Aboud Hamam
To "provide stability" in Syria, the US needs to train and equip around 40,000 local fighters, but is only 20 percent of the way to that number right now, Chairman of the Joint Chiefs of Staff General Joseph Dunford said.

"The presence we have in Syria right now is sustainable and can be adjusted based on conditions," Dunford added, during the "Transformers:Defense" event hosted by the Washington Post on Thursday.


Comment: Dunford is either an idiot or a liar. Or both. There's no way that foreign-backed fighters contribute to a country's 'stability'. Which suggests he's just another lying interventionist. Dunford has no intention of bringing stability to Syria. If he did, he would be advocating a total withdrawal from Syria. As it is now, and American or American-backed presence only divides Syrian society and fosters continued violence and instability.


Binoculars

Facebook spied on Android users' calls & texts while pretending to care about privacy

Facebook
© Reuters / Dado Ruvic
Facebook tried to conceal that it was secretly vacuuming up call and text logs from Android users without their permission, newly-released internal documents have revealed.

The hundreds of pages of documents, which were previously sealed as part of an ongoing legal case with a now-defunct app developer called Six4Three, were released yesterday by the British parliament - and they confirm once again that Facebook is more than willing to sacrifice user privacy for company growth.

Writing in an email to colleagues, Facebook engineer Micheal LeBeau acknowledged that it was a "pretty high risk thing to do from a PR perspective" but said it "appears the growth team will charge ahead and do it" anyway.

Dollar

Hysterical Republicans warn Trump of 'disaster' if he makes cuts to 2020 defense budget

us military troops
© REUTERS/Romeo Ranoco
A group of 70 House lawmakers is urging President Trump not to cut next year's defense budget, warning of "disastrous consequences" for the military if he does.

"We, the undersigned, strongly urge you to uphold your commitment of $733 billion to restore our nation's military as you complete the fiscal year 2020 president's budget," the lawmakers wrote to Trump in a letter to be delivered next week. "Cuts to defense spending will have disastrous consequences for our military readiness, as was proven by sequestration."

The letter was organized by Rep. Mike Turner (R-Ohio). The co-signers are all Republican, save for one Democrat: Tom O'Halleran (Ariz.).

Trump has ordered the Pentagon to prepare a $700 billion defense budget for fiscal year 2020, a $16 billion cut from this year and $33 billion less than originally planned for 2020.

Defense hawks have launched a full-court press to convince Trump to reverse course and return to the $733 billion budget. Sen. Jim Inhofe (R-Okla.) and Rep. Mac Thornberry (R-Texas), the chairmen of the Senate and House Armed Services committees, penned an op-ed for the Wall Street Journal last week on the issue and went to the White House this week to lobby Trump in person.

Inhofe also gave a speech at the National Defense University on Thursday laying out his case for a defense budget increase.

Comment: The American leadership's idiocy is on full display here - and no, that's not a reference to Trump. Cutting the military budget as actually one of his better ideas. And how much would you want to bet that the signers of this op-ed are on the pay of MIC contractors? The fact is, the American military budget is vastly inflated. The idea that you can just pour money into a failing institution in order to make it better is ridiculous. The military needs cuts. Money is wasted, no-bid contracts do no one any good except the companies getting the contracts (the goods they produce are sub-par), the entitlement system is broken... The U.S. spends more money on their military than most other countries combined, and they still can't compete with Russia, who operates on a fraction of their budget. Maybe you're doing things wrong?


Attention

Paris militarized in anticipation of impending coup attempt as govt. warns radicals infiltrating Yellow Vest movement

Yellow Vests Arc de Triomphe
© ReutersProtest against higher diesel taxes, demonstrate near the Arc de Triomphe in Paris
As France braces for a new wave of protests, a government spokesman warned that radicals are using the Yellow Vest movement to pursue their own goals and one of them is to topple the current leadership.

Some 89,000 officers, armored vehicles belonging to military police and increased vigilance - that's how the nation is getting ready for Act IV, the fourth Saturday of Yellow Vest rallies. This time the protesters say they are to "stay on their course," despite the authorities agreeing to abandon the fuel tax hike.

Recalling the violence of the previous rallies, government spokesman Benjamin Griveaux warned about provocateurs. "Radicalized elements try to exploit the movement. They want to overthrow the authorities," he told Le Parisien newspaper on Thursday.

Also firearms may "circulate" at the upcoming protests, Griveaux warned, saying that previous protests have already resulted in casualties. "True Yellow Vests can't serve as human shields. Those who are in these demonstrations don't allow police to proceed with the arrests," he added, appealing to "everyone's responsibility."

Comment: With the French government fearing a coup attempt, pictures and videos have surfaced allegedly showing armored vehicles approaching Paris to be deployed during Saturday's protests. The French PM announced that "a dozen armored vehicles" will be rolling into Paris along with 8,000 police and 89,000 around the nation.


Yellow Vest spokesman, Eric Drouet has vowed that "Saturday will be the final outcome". The interior ministry fearing an emboldened extremist fringe promised that this weekend's upcoming riots would be handled with "exceptional means." Officers have been instructed to directly engage with protesters, prompting fears of violence above and beyond that of last weekend. Paris police have urged shopkeepers along the Champs-Elysees to close on Saturday, and dozens of museums and cultural sites will also be shut for the weekend, including the Eiffel Tower.

French police have already dealt harshly with the student protestors. Pictures and videos of the arrests are stirring further outrage with many commenting that it 'looks like an execution [of children] by firing squad'. Even French Education minister Jean-Michel Blanquer conceded that the images of students on their knees, while being arrested are "shocking", yet added that the situation must be analyzed in context: 'What happened? There are those who don't attend these high schools, they are more than 20 years old ... and they manage to gather students [in these schools]. These very people attacked police officers, who tried to neutralize them and line them up against a wall.'

French police arrest student protesters
© TwitterViolences Policières




Info

CNN reports John Kelly expected to resign very soon

El secretario de la Casa Blanca, John Kelly
CNN is reporting that White House chief of staff John Kelly will resign in the coming days.

White House sources told CNN on Friday that Kelly's relationship with the president, often reported as tumultuous, is no longer seen as "sustainable" and will likely lead to Kelly's ouster in the near future.

Nick Ayers, a longtime aide to Vice President Pence currently serving as Pence's chief of staff, is being mentioned as a potential replacement, according to CNN.

Rumors of Kelly's departure have been frequent, yet he has held on to his position.

Seeking to quell similar reports, the White House over the summer said tensions between Trump and Kelly has cleared and that the chief of staff had agreed to stay on through the 2020 presidential cycle.

Bad Guys

Trump's neocons have always despised arms control treaties - and the INF is no different

An MQ-9 Reaper
© ReutersAn MQ-9 Reaper
The US' possible withdrawal from the INF plays to the neocon narrative to oppose anything associated with Russia, since they never have emerged from a Cold War mentality and long have opposed any arms control pacts.

President Vladimir Putin is correct when he said recently that the US pullout from the Intermediate-Range Nuclear Forces Treaty, or INF, had been in the planning stages for some time prior to the announcement in October.

The withdrawal comes as tensions between Russia and the US are mounting on an array of other issues. Yet, US Secretary of State Mike Pompeo and his other neoconservative buddy, National Security Advisor John Bolton, claimed the US pullout from the key nuclear arms pact was due to Russian violations, without ever providing any evidence to support those allegations.

Comment: See also:


Bad Guys

Breakaway Kiev church's attempts at independence from Russia results in serfhood to Western-backed Constantinople

Poroshenko Bartholomew
© Reuters / Ukrainian Presidential Press Service / Mikhail PalinchakUkrainian President Petro Poroshenko meets with Ecumenical Orthodox Patriarch Bartholomew I in Istanbul, on November 3, 2018.
For all Kiev's hopes of a "fully independent" Orthodox church in Ukraine, it turns out that Constantinople has its own plans. A statute shows the new church to be in a subordinate position and not led by a patriarch.

In recent months, the Kiev government and Ukraine's priests seeking to have an internationally accepted Orthodox church not answering to Moscow, have gained the backing of the Ecumenical Patriarchate of Constantinople. It challenged the authority of the Russian Orthodox Church in Ukrainian territory by revoking its 17th century concession to the Moscow-based Patriarchy, which acknowledged its right to appoint the most senior Orthodox cleric in Kiev.

At the moment there are three major organizations in Ukraine calling themselves Orthodox Churches. The Ukrainian Orthodox Church is an autonomous branch of the Russian Orthodox Church and is recognized by other Orthodox churches of the world. Two others are not, and its leaders were until recently universally recognized as schismatic. Kiev's current plan is to have priests from all three churches and have them vote for the creation of a new "truly Ukrainian" church, with Constantinople recognizing it as such.

A new Constantinople-drafted statute for the future organization might in fact kill all Kiev's dreams about an independent church altogether. A part of the document adopted by the Constantinople Patriarchate's governing body, the Holy Synod, provides an insight into what the Ecumenical Patriarch Bartholomew actually has in store for Ukraine.

Comment: Suffering from a potentially deadly infection of ponerized politicians and clergy, Ukraine's corrupt leaders find themselves tricked into the tentacles of the Western powers, yet again: Also check out SOTT radio's: NewsReal: Donbass Leader Assassinated as Russia Exposes Chemical Plot in Syria