Puppet MastersS


Dollars

More sanctions against Russia: EU shamefully does whatever the U.S. tells them

US EU
© AFP Photo / Georges GobetA match made in hell.
Moscow is disappointed by the EU's inability to act independently from Washington's dictation in the international arena, the Russian Foreign Ministry said in response to the new package of sanctions.

"We feel ashamed for the European Union who, after long searching for a unified voice is now speaking with Washington's voice, having practically abandoned basic European values, including the presumption of innocence," the Foreign Ministry said in a statement Wednesday, a day after the EU adopted a new round of economic sanctions against Russia over the Ukrainian crisis.

The EU's adoption of new anti-Russian sanctions on July 29 demonstrates its lack of political will in general, as well as a lack of determination to resolve the Ukrainian crisis, the Foreign Ministry said.

The union of 28 member states continues to "blindly ignore" the reasons behind the tragic developments in southeast Ukraine, where dozens of civilians are dying every day as a result of Kiev's military operation, and hundreds of thousands people have had to flee the country, the ministry said.

"A huge region is on the verge of a massive humanitarian catastrophe," Moscow said, adding that the developments are largely a result of the decisions by the EU, who support the current Kiev government.

In Russia's opinion, the EU has given Kiev carte blanche for its actions in eastern Ukraine and in effect approved Kiev's portrayal of a punitive operation against its own people as "a reasonable approach to operations to restore law and order."

"It appears that the EU is ready to suffer serious economic costs for the sake of implementing questionable geopolitical schemes - which are, in fact, not their own schemes," the ministry said.

Comment: The EU is spineless; it doesn't give a damn about humanitarian disasters.


Star of David

Without conscience: Israel bombs another UN-designated shelter in Gaza killing sleeping children

wouned palestinian girl
© AP/Khalil HamraA Palestinian man carries a wounded girl at the Kamal Adwan hospital in Beit Lahiya after receiving treatment for her wounds caused by an Israeli strike at a U.N. school in Jebaliya refugee camp on Wednesday, July 30, 2014.
An intensified Israeli bombardment promises no place to hide for Palestinians living in walled-off enclave as even refugee centers are repeatedly hit

United Nations school in the northern Gaza Strip, where hundreds of Palestinians were seeking refuge from Israeli bombing, was itself hit by missile strikes on Wednesday night, killing at least 16 people and wounding close to one hundred others.

"Last night, children were killed as they slept next to their parents on the floor of a classroom in a UN designated shelter in Gaza," said Pierre Krähenbühl, the Commissioner-General of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), in a statement. "Children killed in their sleep; this is an affront to all of us, a source of universal shame. Today the world stands disgraced."

Airplane

Kerry joins Lavrov in calling for independent probe into MH17 crash

Lavrov Kerry
© REUTERS/ Laurent CiprianiRussian Foreign Minister Sergei Lavrov and US Secretary of State John Kerry
The top diplomats of Russia and the United States agreed in a phone conversation Tuesday that the UN Security Council resolution, demanding an independent investigation into the plane crash in eastern Ukraine, must be strictly observed.

Russian Foreign Minister Sergei Lavrov and US Secretary of State John Kerry "agreed that provisions of the UN Security Council Resolution 2166, demanding to ensure a truly international and independent investigation into the Malaysian Boeing plane crash and to cease hostilities in the crash zone, must be strictly observed," the Russian Foreign Ministry said in a statement.

"Sergei Lavrov confirmed that the UN Security Council should closely monitor compliance with these provisions," the statement said.

The Russian top diplomats also exchanged views on control over weapons, including the commitment to the Intermediate-Range Nuclear Forces Treaty (INF) that was signed in 1987.

The United States claims that Russia violated INF treaty by testing a prohibited ground-launched cruise missile, The New York Times reported Monday citing senior US officials.

Igor Korotchenko, Editor-in-Chief with the National Defense magazine, said Tuesday Russia has never violated the INF treaty, unlike the United States, which has repeatedly ignored the provisions of this document while running anti-missile tests.

Comment: Empty words on Kerry's part, or has something changed recently? The U.S.'s latest propaganda efforts on this front have been laughable at best, so it will be interesting to see how this develops.


Dollar

Palestinian leader Abbas seeks $1-billion Gaza gas deal with Russia

Abbas Putin
© AARussia's President Vladimir Putin (R) welcomes Palestinian leader Mahmud Abbas during their meeting at Putin's Novo-Ogaryovo residence outside Moscow, on January 23, 2014.
Palestinian leader Mahmud Abbas sought on Thursday to secure a billion-dollar Gaza energy deal during talks with Russian leaders aimed at restoring warmer ties between the two Soviet-era allies.

Abbas and Russian Prime Minister Dmitry Medvedev were due to sign an intergovernmental agreement that reports said included a $1.0-billion (730-million-euro) natural gas project in the Gaza section of the Mediterranean Sea.

The state ITAR-TASS news agency said Russia's natural gas giant Gazprom hoped to produce 30 billion cubic metres of natural gas at the site.

The report added that Russia's Technopromexport engineering firm was also considering a small oil development project near the West Bank city of Ramallah.

It was not immediately clear how far negotiations on the two deals had progressed or when the projects might be launched.

Moscow has been a close Palestinian ally since the Soviet era. Russian President Vladimir Putin has also called for the establishment of east Jerusalem as the capital of an independent Palestinian state.

Comment: And people wonder why the Anglo-Zionist Empire demonizes Russia and Putin...


Dollar

Global cop America has banks under its thumb

BPN Paribas
© www.capitalfm.co.keBNP Paribas under US scrutiny for prohibited transactions.
In September, 2005, anxious compliance officers at BNP Paribas summoned executives from the French bank's Paris headquarters to an emergency summit at its offices in Geneva.

The seven-storey building by the lake housed the bank's little known trade-finance arm, where hundreds of bankers assembled complex deals that allowed companies and countries to move oil and other commodities around the world.

The unit had been expanding fast and had become an increasingly important part of BNP's global empire, generating billions in profits in recent years. But it had also become a concern for the people in charge of policing the bank's dealings in a regulatorily difficult but lucrative corner of global finance.

During a tense meeting, the company's Swiss compliance officers explained to their senior French colleagues, including Georges Chodron de Courcel, BNP Paribas's chief operating officer, that they were troubled by transactions uncovered involving the Sudanese government, a regime blacklisted by the United States. Even though the US authorities had threatened severe punishment for anyone trading with rogue states, Chodron de Courcel stunned those in the room by dismissing the concerns and requesting that no minutes of the meeting be taken.

Last week, the consequences of ignoring those warnings finally caught up with one of the titans of Europe's banking system. After an in-depth investigation into BNP Paribas' activities, officials from the US Department of Justice announced that France's biggest bank had pleaded guilty to violating sanctions for more than a decade and agreed to pay a record-breaking $9bn (£5.25bn) fine to state and federal authorities.

Comment: BPN is moving compliance operations to the U.S. to proactively appease U.S. regulators and make sure to not run afoul of U.S. laws that bar moving money to banned/sanctioned countries such as Iran and Sudan. The U.S. crackdown has other banks beefing up their compliance operations as well. This compliance pressure serves the U.S. beneficially since violations have resulted in billions of dollars in settlements from Credit Suisse, Standard Chartered, Barclays and others. BNP will likely be pleading guilty to a federal criminal charge. Behind every "thumb" is a fist...providing one more reason to ditch the dollar and laugh all the way to the bank.


War Whore

Navy admiral warns of China's growing ballistic missile threat to U.S.

Image
© APChinese aircraft carrier Liaoning
China's advanced cruise and ballistic missiles pose a significant threat in future conflict with the United States, the chief of naval operations (CNO) warned last week.

Adm. Jonathan Greenert, the CNO, also said during a security conference Friday that China is building a second aircraft carrier that could be deployed in the not too distant future.

However, China's current single carrier force is still under development and the Chinese are incapable of conducting aircraft strike operations from the refurbished Soviet-era carrier now called the Liaoning, Greenert said following a recent visit to China, where he toured the carrier.

Asked what Chinese weapons systems he is most concerned about if the United States went to war with China, Greenert noted Beijing's growing arsenal of cruise and ballistic missiles.

War Whore

North Korean military official threatens to nuke White House and Pentagon after U.S. military drills raise tensions

Image
© AFP Photo/Jung Yeon-JeUS Marines get out from an amphibious assault vehicle during a joint military exercise with their South Korean counterparts at Pohang, on March 31, 2014
A top-ranking North Korean military official has threatened a nuclear strike on the White House and Pentagon after accusing Washington of raising military tensions on the Korean peninsula.

The threat came from Hwang Pyong-So, director of the military's General Political Bureau, during a speech to a large military rally in Pyongyang Sunday on the anniversary of the armistice that ended the 1950-53 Korean War.

Hwang, who holds the rank of vice marshal in the Korean People's Army, said a recent series of South Korea-US military drills, one of which included the deployment of a nuclear-powered US aircraft carrier, had ramped up tensions.

"If the US imperialists threaten our sovereignty and survival... our troops will fire our nuclear-armed rockets at the White House and the Pentagon -- the sources of all evil," Hwang said in his speech broadcast Monday on state television.

Safe

The ticking time bomb of the shadow banking system

Image
© Texasenterprise.utexas.edu
One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd:
Two of the world's most powerful women of finance sat down for a lengthy discussion Wednesday on the future of monetary policy in a post-crisis world: U.S. Federal Reserve Chairwoman Janet Yellen and International Monetary Fund Managing Director Christine Lagarde. Before a veritable who's-who in international economics packing the IMF's largest conference hall, the two covered all the hottest topics in debate among the world's central bankers, financiers and economists.
Among those hot topics was the runaway shadow banking system, defined by Investopedia as "The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions." Examples given include hedge funds, derivatives and credit default swaps.

Comment: Earlier this year, Sott's editors interviewed author Ellen Brown. Have a listen or read a transcript of the interview below.

SOTT Talk Radio: Interview with 'Web of Debt' author Ellen Brown - How the banking system controls the world


Pistol

Did Kiev fighter jet shoot down Malaysian MH17 after mistaking it for Putin's plane?

The tragedy of Malaysian MH 017 continues to elude any light of clarity being cast over it. The flight recorders are in England and are evaluated. What can come of it? Maybe more than you would assume. Especially the voice recorder will be interesting when you look at the picture of a cockpit fragment. As an expert in aviation I closely looked at the images of the wreckage that are circulating on the Internet.

Image
First, I was amazed at how few photos can be found from the wreckage with Google. All are in low resolution, except one: The fragment of the cockpit below the window on the pilots side. This image, however, is shocking. In Washington, you can now hear views expresssed of a "potentially tragic error / accident" regarding MH 017. Given this particular cockpit image it does not surprise me at all.

Gold Coins

10 major outcomes of BRICS summit

brics 2014
© Reuters / Paulo Whitaker
The 6th BRICS summit in Fortaleza, Brazil, has highlighted the increasing role of emerging countries in international affairs and their ability to share strategic interests and approaches while reaching for their development goals.

In my opinion, the top 10 outcomes of the event are:

1. The meeting started the second cycle of BRICS summits. This time it focused on sustainable solutions for inclusive growth. It confirmed common interests in broadening multidimensional cooperation, including mutual trade and investment. With combined GDP around 21% of global volume, 20% of global trade and 11% of accumulated investments, the five countries represent one of the largest markets in the world.

Comment: It will be very interesting to follow how the BRICS countries' alternative framework comes together in the face of a collapsing dollar. When the dollar goes, the other oppressive functions of a faltering US-led empire will go with it.

See also:

The birth of a Eurasian century: Russia and China do Pipelineistan

Moving towards a multipolar world: BRICS countries to set up their own IMF

The Geopolitics of the Eurasian Economic Union