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South Ossetian parliament ratifies Treaty of Alliance and integration with Russia

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© Sputnik/ Grigoriy Sysoyev
The South Ossetian parliament on Friday ratified the Treaty of Alliance and Integration between the republic and Russia, by a unanimous vote in favor of the move.

The ratification ceremony was conducted in a festive atmosphere, in the presence of the republic's president, government officials, veterans and youth activists.

Speaking at the ceremony, President of South Ossetia Leonid Tibilov called the parliamentary session "historic", adding that the treaty was a document of strategic scale that will significantly strengthen security in South Ossetia and give a new impetus to social and economic development of the republic.

Comment: No screams from US/NATO/EU yet.


Card - VISA

Russia's Central Bank announces 'anti-sanctions' National Payment Card System

Visa and MasterCard transactions within Russia will be done via a new National System of Payment Cards bypassing all non-Russian banking infrastructure
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© Russia Insider
The Central Bank announced 1 April 2015 as the launch date for the National System of Payment Cards (NCPS) of the Russian Federation. This new system will operate inside Russia and control the issuing of bank cards connected with the international payment systems of Visa and MasterCard. This now means that the West will not be able to block the cards of Russians through the introduction of financial sanctions.

However, not all international payment systems have been connected to the national system, according to Kommersant. "Beginning on 1 April, the National System of Payment Cards will carry out processing operations on domestic MasterCard cards of all banks included in the plan," a statement published the same evening by the Central Bank said.

The document also states that the transfer of Mastercard transactions for processing by the NSPC would be completed only towards the middle of April. Until then, operations will continue in the Mastercard processing center abroad.

As for Visa cards, some commentators believe this process (of by-passing the sanctions) will take even longer. The process of joining the NSPC will take one to two months, writes Izvestia. In addition, it is reported that the representatives of Visa do not intend to pay a security deposit. If they do not, they face a fine amounting to that of the security deposit.

Comment: See also:


Piggy Bank

Greece may be preparing for Grexit and return to drachma

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© Reuters/Dado Ruvic
Athens is currently trying to negotiate a new bailout deal with its Troika of creditors, but if that falls 'Plan B' could reportedly involve getting rid of the euro and cutting off its banking system from the European Central Bank.


Comment: 'Plan B' probably should have been 'Plan A'.


Greece's government is getting ready to nationalize the country's banks and return to the the drachma, the Telegraph reported citing sources.

"We are a left-wing government. If we have to choose between a default to the IMF or a default to our own people, it is a no-brainer," a senior official told The Daily Telegraph.

"We will shut down the banks and nationalise them, and then issue IOUs if we have to, and we all know what this means. What we will not do is become a protectorate of the EU," according to another source.

Comment: For more analysis: Russia and Greece vs. the West: A geo-strategic 'game, set and match'?


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Best of the Web: Russia and Greece vs. the West: A geo-strategic 'game, set and match'?

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© Kremlin.ruVladimir Putin meets yesterday with General Director of Aeroflot Vitaly Savelyev. Are the Greece touristic flights warming up? (Kremlin)

Greek Prime Minister Alexis Tsipras is headed to Russia April 8 to meet President Putin. With Russia and China emerging as an alternative to US-World Bank economics, the safe bet could be on a Russo-Greco bridge.


Greece's Industrial Reform Minister Panagiotis Lafazanis and Syriza MP Thanasis Petrakos were in Moscow the last two days laying the groundwork for Prime Minister Alexis Tsipras' meet with Vladimir Putin. As a squirming cauldron of edgy bankers, politicians, and generals west of the Bosporus look on with prescience at the prospects, Russia and China have a singular opportunity. As a caveat, Petrakos told Spiegel Online and other media:
"This visit is very important for Greece. We intend to deepen our relationship with Russia in the energy sector and thereby hope to gain a significant advantage."
A couple of weeks ago I reported on Tsipras' acceleration of his meetup with Putin. With talks in Berlin and with Brussels upcoming, the Greek Prime Minister set out to play his country's economic hand with the cards he had been dealt. Holding a Russo-Greco deal over the bankers' heads, this was not genius, only deal-making 101. The follow up report the other day asking if Brussels had "warmed" to Tsipras' ideas of debt consolidation spoke of potential cooperation between Greece and Russia in terms of commodities like gold, and "collateral" to ensure Russia's "yield" on any deal would be guaranteed. What I did not speak of was long term gain for Russia, and all her investment interests, should Athens cement relations with Moscow. Here are some keen observations for predictive measures on the coming meetup.

Comment: Watch. One week after April 9th a false flag attack will be inflicted on Greece. Or, the U.S./troika will be making lame economic deal overtures towards Greece. Or both.


Key

Greece wants to become hub of Russian-led Turkish Stream

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Greece favors the Turkish Stream project to boost its chances of becoming a gas hub for Southeast Europe, said Marco Giuli, a policy analyst from the Brussels-based European Policy Centre on Monday.

His comments come as Greek Energy Minister Panagiotis Lafazanis meets his Russian counterpart Alexander Novak and the CEO of Russian energy giant Gazprom on Monday in Moscow.

"Greece needs foreign investors to complete the necessary interconnections that will allow Athens to play this role. As such, it is looking to Russia as well as to other partners," Giuli said.

According to experts, in the upcoming meeting a gas discount for Greece could be discussed.

"Gazprom is expected to offer a discount to Greece in exchange for a contractual extension. This could be instrumental in the well-known divide-and-rule strategy of Russia in energy matters. This is not a Greek-specific issue, as every EU member state negotiates separately with Gazprom, often obtaining similar advantages," Giuli said.

Giuli added that regulatory developments in the EU have significantly impacted and curbed Gazprom's power - although not necessarily providing viable alternatives to many eastern EU countries.

Light Sabers

Russia ready to supply Tajikistan $1.2 billion military aid to fight Islamic State

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© RIA Novosti/Mihail MokrushinServicemen load a Pechora-2M air defense complex of the Tajikistan armed forces, 10 September, 2013.
Russia is ready to supply about $1.2 billion worth of weapons and military equipment to the Central Asian nation of Tajikistan, which is currently threatened by invasion from the Islamic State, a leading Russian business daily reported.

The Kommersant Daily newspaper quoted unnamed sources in the Russian General Staff as saying the amount of planned military aid to Tajikistan could reach 70 billion rubles (over $1.2 billion at current rate) within the next few years.

The arms and equipment would include personal weapons and ammunition, communication systems, aircraft, artillery systems and missiles. Most of the aid will be second hand hardware currently on the Russian forces' balance, the sources said.

Comment: Another hot spot developing.


Pirates

US narrative on Ukraine obscures geopolitical realities and regional history

Ukraine city
© AFP 2015/ Vasily Maximov
Ukraine has always been deeply divided, both culturally and politically, with its eastern regions closely linked to Russia. However, the West obscures geopolitical realities, being obsessed with slamming Russia's leader Vladimir Putin, noted Jay Ogilvy, a Stratfor analyst.

Instead of adding fuel to the fire of the ongoing Ukrainian crisis, "foolishly giving in to calls to arm" the Kiev regime, the West should have focused on geopolitical realities and the region's history, underscored Jay Ogilvy, an American analyst, author and a member of Stratfor's editorial board.

"The dominant US narrative for Ukraine is that Ukraine is simply one more Eastern European country trying to pry itself out from under seven decades of Soviet oppression.

This narrative is profoundly misleading," the author emphasized, pointing to the fact that Ukraine has always been deeply divided both culturally and politically with its eastern regions closely connected to Russia.

Referring to statistical evidence, the Stratfor analyst pointed out that Ukraine's eastern regions, inhabited predominantly by Russian-speakers (over 50 percent), has always leaned toward Russia, voting for Viktor Yanukovych in 2004 and 2010 rather than for pro-Western candidates Viktor Yushchenko and Yulia Timoshenko.

Jay Ogilvy underscored that this phenomenon is deeply rooted in the country's past: these territories had long been an integral part of the Russian Empire, while Crimea was ceded to Ukraine only in 1954 by Soviet leader Nikita Khrushchev, who "could hardly have imagined that his beloved Ukraine would cease to be part of the Soviet Union in less than 40 years."

Bad Guys

US continues to push Japan to war against China

Japan's Prime Minister Shinzo Abe.
© AFP Photo / Kazuhiro NogiJapan's Prime Minister, and US regional puppet, Shinzo Abe.
Tensions have steadily risen between Tokyo and Beijing over a group of largely uninhabited islands in the East China Sea. Both nations claim ownership, and the islands overlook major shipping lanes in the Pacific Ocean, which means the United States has an indirect interest, as well.

"We don't take a position on final sovereignty on the Senkakus," President Obama said during his tour of Asia last April, "but historically they've been administered by Japan and should not be subject to change unilaterally."


Comment: This is rich, coming from a president who's assassinated his own citizens and supported the ethnic cleansing of the Ukraine (to name only two of many unilateral changes in sovereignty).


A growing Chinese military presence in these waters has brought a new set of guidelines before the Japanese parliament, aimed at strengthening the country's collective self-defense. A plan that has Washington's full support.

Comment: Yes, Japan has gone bonkers, using the Islamic State as a shock to justify diving into the military-industrial cash cow. Abe is happy to be the empire's hand-maiden:
  • Another US move to flank China: Japan approves largest military budget since WWII
  • Fear mongering: Japan tells world to stand up to China or face consequences
  • Is this Japan's last stand? PM dissolves Parliament, puts off tax rise to save Abenomics



Quenelle - Golden

Western sanctions have strengthened the Russian economy

Wladimir Putin
© KremlHolding strong
Russia's economy has surprised analysts, demonstrating amazing strength in the fourth quarter of 2014, Deutsche Wirtschafts Nachrichten reported.

Investors are rethinking their views of Russia as a prospective country for growth and Russian governmental stocks are now considered much safer than three months ago, the media source wrote.

Comment: Also see: Who needs the United States? Not Russia and China


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British firms discover oil and gas off Falklands, Argentina threatens legal action

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© Reuters / Marcos BrindicciA British soldier stands on a pier in Stanley, Falkland Islands.
A group of British exploration companies have found oil and gas in an area north of the Falkland Islands. The Argentine government has threatened to challenge all exploration and drilling efforts in court.

The discoveries by the Zebedee exploration well were described by companies involved as "better than expected".

The oil explorers said they found 27.9 meters of net-oil bearing reservoir and 18.5 meters of net gas-bearing reservoir. The license area being explored is 40 percent owned by Falklands Oil and Gas, 36 percent by Premiere Oil and 24 percent by Rockhopper Exploration.

Comment: Another hot spot getting warmer.