Category Archives: Russian Federation
Russia, officially known as both Russia and the Russian Federation, is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects. From northwest to southeast, Russia shares borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland (both via Kaliningrad Oblast), Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, and North Korea.
Thursday, April 3, 2014 The 4th Media News
Putin Flushes the US Dollar: Russia’s Gold Ruble Payments System Delinked from Dollar?
A New Financial System independent from Wall Street and City of London begins to take shape concretely in Russia?
Russia “forced” by the sanctions to create a currency system which is independent from the US dollar.
Russia announces that it will sell (and buy) products and commodities – including oil – in rubles rather than in dollars. The move is towards the development of bilateral.
Putin has been preparing this move — the creation of a payment system in rubles completely independent and protected from the Dollar and the “killer speculations” (e.g. short-selling) of the big Western financial institutions — for a long time.
After sanctioning several Russian banks to punish Russia for Crimea, the Washington politicians were told by the financial power-to-be to step back because obviously, the Wall Street vampires understand that putting Russian banks outside the reach of their blood sucking teeth is never a good idea.
For Wall Street and the city’s financial services, countries like Russia should always have an open financial door through which their real economy can be periodically looted.
So Washington announced that it was a mistake to enforce sanctions on all Russian banks; only one, the Rossiya bank shall be hit by sanctions, just for propaganda reasons and to make an example out of it.
It is what Putin needed. Since at least 2007, he was trying to launch an independent Ruble System, a financial system that would be based on Russia’s real economy and resources and guaranteed by its gold reserves.
No tolerance for looting and financial speculation: A peaceful move, but at the same time a declaration of independence that Wall Street will consider as a “declaration of war”.
According to the Judo strategy, the sanction attack created the ideal situation for a “defensive” move that would redirect the brute force of the adversary against him.
And now it’s happening. Bank Rossiya will be the first Russian bank to use exclusively the Russian ruble.
The move has not been done in secret. On the contrary. A huge golden ruble symbol will be set up in front of bank Rossiya headquarters in Perevedensky Pereulok in Moscow “to symbolize the ruble’s stability and its backing by the country’s gold reserves,” the official agency Itar-Tass explains quoting the bank officials.
In fact, the officials are very clear on their intention to punish the western speculators that have been looting their country for a long time:
“Russia, at its present stage of development, should not be dependent on foreign currencies; its internal resources will make its own economy invulnerable to political wheeler dealers.”
This is only the first step, declared Andrei Kostin, the president of VTB, another bank previously sanctioned:
“We have been moving towards wider use of the Russian rouble as the currency of settlement for a long time. The ruble became fully convertible quite a long time ago.
Unfortunately, we have seen predominantly negative consequences of this step so far revealed in the outflow of capital from this country. The influx of foreign investments into Russia has been speculative and considerably destabilizing to our stock markets.”
According to Itar-Tass, Kostin was very precise and concrete:
“Russia should sell domestic products – from weapons to gas and oil – abroad for roubles and buy foreign goods also for rubles….Only then are we going to use the advantages of the rouble being a foreign currency in full measure.”
Putin himself lobbied for the new siystem in meetings with members of the Upper House of the Duma, the parliament, on March 28, overcoming the last doubts and indecisions:“
“Why do we not do this? This definitely should be done, we need to protect our interests, and we will do it. These systems work, and work very successfully in such countries as Japan and China. They originally started as exclusively national [systems] confined to their own market and territory and their own population, but have gradually become more and more popular…”
Alea Iacta Est!
By Umberto Pascali, Information Clearing House
March 13, 2014 By Sara Noble
China is warning the West to not impose sanctions on Russia because “sanctions could lead to retaliatory action, and that would trigger a spiral with unforeseeable consequences.”
Jedidiah Noble, who is not a geo-political strategist – he’s actually an engineer – predicted exactly this. If Jedidiah can make these predictions, why is it Mr. Obama can’t?
Mr. Obama has done little to stop Putin from rebuilding the Soviet Union. Putin remains in Georgia and has overtaken Crimea with barely-disguised Russian troops slipping in and out of the iron curtain they have erected between Ukraine and Crimea.
Yesterday, in a press conference with Ukraine’s PM, Mr. Obama gave Crimea away without even a whimper.
Mr. Obama gave away the missile defense shield and got nothing in return. He has drawn red lines and drawn lines without calling them red lines, but has done nothing retaliatory except move the line back.
China has been a menace to Japan and is threatening to take over sixteen islands in the East China Sea. The islands have value for their fisheries but mostly it’s a power grab by China and it will give China a strategic advantage in any military conflict. Mr. Obama has done little to nothing to support Japan.
When Russia moved into Crimea, Mr. Putin spoke with China’s leaders. He allegedly worked out some sort of deal. One can be sure that China’s imperialistic vision is part of the deal.
Russia used the imaginary threat to Russian populations living in Crimea as an excuse to go into Crimea once freedom fighters overturned the government in Ukraine. Now one can expect China to use an imaginary allegiance to Russia as an excuse for taking further steps.
In addition to our facing land grabs, we are in trouble economically if Russia and China join forces. We are deeply in debt to both Russia and China to say nothing of the fact that our dollar is threatened as the world currency.
China responded to the West threatening Russia with sanctions in this way: ”We don’t see any point in sanctions,” said Shi Mingde, China’s Ambassdor to the EU. “Sanctions could lead to retaliatory action, and that would trigger a spiral with unforeseeable consequences. We don’t want this.”
The sanctions are only travel bans and asset freezes on people and companies accused by Brussels of violating the territorial integrity of Ukraine.
Russia’s Deputy Economy Minister Alexei Likhachev responded by promising “symmetrical” sanctions by Moscow.
Mr. Obama is allegedly speaking with Beijing and working on a deal but there is no sign there will be a result favorable to the U.S. Mr. Mingh’s statement is a warning, but then again who could see that coming.
Can we even survive two more years of Mr. Obama?
Remember to vote in November!
Posted by Andy Borowitz
ST. PETERSBURG (The Borowitz Report)—Hopes for a positive G20 summit crumbled today as President Obama blurted to Russia’s Vladimir Putin at a joint press appearance, “Everyone here thinks you’re a jackass.”
The press corps appeared stunned by the uncharacteristic outburst from Mr. Obama, who then unleashed a ten-minute tirade at the stone-faced Russian President.
“Look, I’m not just talking about Snowden and Syria,” Mr. Obama said. “What about Pussy Riot? What about your anti-gay laws? Total jackass moves, my friend.”
As Mr. Putin narrowed his eyes in frosty silence, Mr. Obama seemed to warm to his topic.
“If you think I’m the only one who feels this way, you’re kidding yourself,” Mr. Obama said, jabbing his finger in the direction of the Russian President’s face. “Ask Angela Merkel. Ask David Cameron. Ask the Turkish guy. Every last one of them thinks you’re a dick.”
Shortly after Mr. Obama’s volcanic performance, Mr. Putin released a terse official statement, reading, “I should be afraid of this skinny man? I wrestle bears.”
After one day of meetings, the G20 nations voted unanimously on a resolution that said maybe everyone should just go home.
September 1, 2012, 10:04 AM (GMT+02:00)
US Gen. Martin Dempsey’s assertion Thursday, Aug. 30 that the US would not be “complicit” in an Israel strike against Iran, together with the drastic reduction in the scale of next month’s joint US-Israeli war game disclosed by TIME, add up to a blunt message from US President Barack Obama to Israel: You are on your own! See how you manage without special US weapons and US military backup, including a shield against missile counter-attack, if you decide to defy us and go through with a military operation against Iran.
Instead of the 5,000 US troops originally assigned for Austere Challenge 12, the annual joint exercise, the Pentagon will send only 1,200 to 1,500 service members. The missile interception systems at the core of the joint exercise will be reduced in number and potency: Patriot anti-missiles will come without crews and maybe one instead of two Aegis Ballistic Missile Defense warships, according to the magazine.
debkafile’s military sources: The Obama administration has put Israel on harsh notice that an attack on Iran to disrupt or delay its nuclear armament will be refused US missile backup – both in the course of the operation and to cover Israel’s back in the event of a counter-strike widening into a general Middle East conflict. The Netanyahu government will bear full and exclusive responsibility for the consequences of attacking Iran.
Obama, who has repeatedly pledged his commitment to Israeli security, is the first American president to cut Israeli adrift against a major threat to its security explicitly posed by Iran.
The US president has put his campaign for reelection next month at great albeit calculated risk. His rival Mitt Romney will not doubt follow up on the charges he made during his acceptance speech to the Republican convention Thursday that Obama threw “allies like Israel under the bus” and failed utterly to stop Iran’s centrifuges spinning.
Obama may find the Jewish vote and campaign contributions fading. For Romney an incumbent president throwing Israel to the wolves against the ayatollahs is a dream come true.
Binyamin Netanyahu and his defense minister Ehud Barak must bear some of the onus for one of the most damaging ruptures US-Israel relations have ever faced – as will be discussed later. However, the prime cause must be sought elsewhere.
In the last month, Obama has undergone a change of face: The top US soldier and ambassador Dan Shapiro were told to start treating Israel like a pest and telling its leaders that the administration is fed to the teeth with their clamor for action on Iran.
This change did not come out of the blue. debkafile’s Washington and Moscow sources report it evolved from three events:
1. During this month, President Vladimir Putin severed Russia’s military ties with Iran and Syria as debkafile reported earlier: Obama reciprocated by cutting Israel down to size. Moscow informed Tehran and Damascus that there would be no more Russian arms supplies after the delivery of the last items in the pipeline. Putin therefore left both Iran and Syria high and dry amid war dangers in return for Obama cutting Israel off from advance military hardware at a time of peril.
The Russian and American leaders thus put in place the first bricks of an accord for resolving their disputes over a nuclear Iran and the Syrian crisis by the device of slashing the military capacity of Iran, Israel and Syria.
The Russian president took another step as a gesture to Obama: He pulled Russian warships out of the Syrian base of Tartus and the eastern Mediterranean, leaving only a floating dry dock.
In return, he counted on Washington forcing Israel to abandon any plans to strike Iran.
2. But this exercise in symmetrical reciprocity ran into a major snag: Obama found a tough nut in Jerusalem: Binyamin Netanyahu held out for a pledge of US military action against Iran as his price for holding back. Despite the massive pressure Obama threw at the Israeli government, both through the highest ranking US political and military channels and by mobilizing the government’s most vocal opponents and anti-war circles at home, Netanyahu and Barak did not budge.
They understood, despite Obama’s concealment, that the secret US-Russian deal would in fact preserve Iran’s nuclear program at a point at which Iran’s leaders could have a weapon assembled and unsheathed at any moment.
The also realized that as long as Israel’s military option against Iran was alive, the Obama-Putin deal was stuck, because both Iran’s Ali Khamenei and Syria’s Bashar Assad would likewise refuse to fall into line.
When Romney said he would give America’s friends “more loyalty” and Putin “a little less flexibility and more backbone,” he was referring to President Obama’s request from Putin on June 18, at the G20 conference in Mexico, for more time against his promise to the Russian leader of “more flexibility” later.
To keep his deal with Putin in motion, the US president will have to tighten his squeeze on Israel’s leaders to forego an attack on Iran.
3. The Netanyahu government, for its part, committed three tactical errors:
- One: They dragged out the dialogue on Iran with the US administration for far too long – three years or more – and come away for it empty-handed. If their purpose was to persuade the United States to carry the can against Iran, as many Israelis believed, they failed. No Israeli leader has the right to procrastinate to this extent on action affecting its fundamental security, if not existence. Netanyahu fell into the trap of crying wolf by shouting year after year that Iran must be stopped – and doing nothing.
- Two: Israel’s deterrent capacity, already sapped by inaction, was further eroded by US General Martin Dempsey’s assertions that Israel lacks the capacity to destroy the Iranian nuclear program.
- Three: They failed to act expeditiously to prevent the political opposition using a campaign against an attack on Iran as a stratagem for bringing the government down.
It has been four weeks since the former Mossad director Ephraim Halevi said that if he was an Iranian, he would be worried in the next twelve weeks.
That was on Aug. 2.
Thursday, Aug. 30, Halevi said: “It is important for Israel’s military threat to be credible.”
He was throwing down the gauntlet for Netanyahu and Barak to show they were serious about striking Iran – or else back down completely.
His timeline gives them another eight weeks to show their mettle.
During that time, they will be under heavy bombardment from Washington.
- Israeli Officials See Gap With USA Widening… (bloomberg.com)
- US disowns Israel over Iran strike: No weapons or military backup (counterjihadreport.com)
NEW YORK – Russian energy Czar Igor Sechin said Wednesday that U.S.-Russia economic relations still don’t reflect their full potential, but that opportunities to tap Russia’s massive oil reserves will provide opportunities for that to change.
At an event in New York describing details of Exxon Mobil Corp.‘s deal with OAO Rosneft, Sechin, who is Russia’s Deputy Prime Minister, said that “the time has come in Russia-U.S. relations for a step-up in the level of practical and real projects.”
The partnership between Exxon and Rosneft could give the companies access to about 90 billion barrels of oil equivalent in estimated resources from the Arctic Ocean and the Black Sea, Rosneft said Wednesday.
In a video presented to analysts in New York, Rosneft said that the partnership would drill its first wells at the Kara Sea in the Arctic Ocean as early as 2014-2015, with a final investment decision on full-scale development expected by 2016-2017. Sechin said that Kara Sea production is estimated to begin around 2027.
The Exxon-Rosneft deal comes in the wake of the Russian government’s efforts to step up the development of new oil production regions, especially in the Arctic. Sechin said that about 5% of oil output to come from new regions by 2020, and up to 40% by 2030.
“We recognize that the implementation of such projects will require strong and consistent support of the state,” which aims to ensure transparent terms of access to the new fields, Sechin said.
Sechin said that under new rules, tax rates were defined for different types of operational conditions. Exxon-Rosneft projects in the Kara Sea will have a royalty of 5%. Royalty levels for deepwater projects in the Black Sea will be 10%, Sechin said.
Long-term investment in offshore development is estimated to exceed $500 billion, Sechin added, creating more than 300,000 jobs.
Overall, the large scale investments needed to tap Russia’s massive oil and gas wealth provides an “enormous potential for U.S.-Russia cooperation, which ought to help us to overcome our over-politicized relationship,” he said.
Such large projects “will be welcomed and will find strong support of the Russian government,” Sechin said.
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