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Tag: war

Ukraine “Truce” Fails: Withdrawal Deadline Passes, Debaltseve Situation Deteriorating

UPDATE: *POROSHENKO SAYS UN MUST NOT ALLOW FULL-SCALE WAR IN EUROPE As the game of chicken between Greece and the Eurogroup hots up, it appears another - potentially far more deadly - is escalating in Ukraine as neither side is willing to follow through on the terms of the Minsk Summit peace deal - removing heavy weaponry from the frontlines - as a key deadline passes without agreement. As The[...]

“Slowly But with Determination the Petro Dollar Comes Under Attack. I Guess Full on War with Russia is Now Inevitable.” – Jim Sinclair

Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin   Published time: February 08, 2015 23:10 Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country. READ MORE: [...]

Putin Sends Nuclear Bombers Over English Channel: “Transponders Turned Off… Invisible to Air Traffic Control”

Russian President Vladimir Putin hasn’t been one to back down in response to sanctions against his country and attacks on his economy. Rather, he has stepped up not only his rhetoric, but his military activities as well. His latest move is yet another show of force to let the West know Russia is prepared to do whatever is necessary to protect its interests. The U.K.’s Royal Air Force[...]

Just What Is China Buying?

Something strange is going on in China. On one hand, as the chart below shows, China's trade surplus is growing and growing, and just hit record highs. In other words, China is - on paper - receiving record amounts of foreign currencies in exchange for its (mostly) goods exports. That much is clear in the Chinese (record) trade balance chart below: Yet on the other hand, a chart from Deutsche [...]

With Its Gold “Vaporized”, A Furious Ukraine Turns On Its Central Bankers

As reported two weeks ago, following a stunning announcement by the head of Ukraine's central bank, Valeriya Gontareva, on primetime TV we learned that (virtually) all of Ukraine's gold was gone, or - in the parlance of Jon Corzine - had "vaporized." And as we also predicted two weeks ago, it was only a matter of time before Ukraine's people - the vast majority of whom are innocent pawns in a[...]

War against Isis: US Air Strategy in Tatters as Militants March On

World View: American-led air attacks are failing. Jihadis are close to taking Kobani, in Syria – and in Iraq western Baghdad is now under serious threat   America's plans to fight Islamic State are in ruins as the militant group's fighters come close to capturing Kobani and have inflicted a heavy defeat on the Iraqi army west of Baghdad. The US-led air attacks launched against[...]

More Than Just Gas: Is This Natural Resource The Reason For The Ukraine Civil War?

Earlier today, we got a definitive confirmation that when Obama was talking about "costs" when jawboning on the ongoing Ukraine civil war, he envisioned not only Germany, and thus Europe, both of which are teetering on the edge of a triple-dip recession due to Russian sanctions, but Ukraine itself. The reason: the Ukraine economy appears to have ground to a halt following an overnight report that [...]