Keyword: russia

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  • Russia's crisis has no end in sight as $50 oil looms, says OECD

    12/27/2014 4:16:00 PM PST · by E. Pluribus Unum · 8 replies
    The Telegraph ^ | 12/27/14 | Szu Ping Chan
    There is no end in sight for Russia’s economic crisis, as crippling sanctions and tumbling oil prices leave the country staring into an abyss, the Organisation for Economic Co-operation and Development has warned. Catherine Mann, the OECD’s chief economist, said Russia was moving closer to shutting itself off from the rest of the world, while the West’s sanctions against Moscow over its annexation of Crimea in Ukraine had left no end in sight for the country’s woes.
  • 'If UN Recognizes Palestine, Israel Must Annex in Judea-Samaria'

    12/27/2014 3:49:20 PM PST · by Eleutheria5 · 11 replies
    Arutz Sheva ^ | 27/12/14 | Ari Yashar
    Likud Central Committee chairman Danny Danon, who is challenging Binyamin Netanyahu for leadership of the party, on Saturday night called on Israel to respond to an expected UN recognition of the Palestinian Authority (PA) as the "state of Palestine" by declaring sovereignty in Judea and Samaria. "We must clarify in the clearest terms to the world that every unilateral recognition of a Palestinian state will bring Israeli sovereignty," declared Danon in a meeting with Likud activists in Judea's Gush Etzion region. Prime among the attendants at the meeting were Kiryat Arba Regional Council head Malakhi Levinger and Deputy Gush Etzion...
  • Watch: Hamas Shows Off Army 'Ready to Conquer Jerusalem'

    12/27/2014 3:35:12 PM PST · by Eleutheria5 · 15 replies
    Arutz Sheva ^ | 27/12/14 | Dalit Halevi & Ari Yashar
    he propaganda unit of Hamas's "military wing", the Ezzedine Al-Qassam Brigades, kicked into overdrive recently with a new film, which attempted to portray the terrorist organization's Gazan fighting force as a modern Islamic army, exhibiting advanced weaponry training for a wide range of scenarios - and with its sights on Jerusalem. Video In the video a large unit of terrorists are shown with all the equipment of a modern army, from combat vests to advanced assault rifles. Several are seen bearing a flag reading "the army of Al-Quds (Jerusalem)." The Hamas "army" is seen conducting an array of operations modeled...
  • New theory emerges in Sony hacking suggesting Russian hackers

    12/27/2014 3:45:25 PM PST · by E. Pluribus Unum · 29 replies
    New York Daily News ^ | December 26, 2014 | Nicole Hensley
    Linguists identified foreign phrasing in about 2,000 words from hacker emails and posts that may have been penned by a Russian native speaker. Alexander Zemlianichenko/AP Linguists identified foreign phrasing in about 2,000 words from hacker emails and posts that may have been penned by a Russian native speaker. What if it wasn’t North Korea after all? In the controversy over the Sony hacking, government officials have accused the sequestered communist country of hacking Sony, but security analysts argue Russian hackers may be the culprit. Writing samples from hackers claiming responsibility for leaking finance reports and emails by Sony employees suggest...
  • How He and His Cronies Stole Russia (Putin)

    12/27/2014 1:47:27 PM PST · by Bubba Ho-Tep · 30 replies
    For twenty years now, the Western politicians, journalists, businessmen, and academics who observe and describe the post-Soviet evolution of Russia have almost all followed the same narrative. We begin with the assumption that the Soviet Union ended in 1991, when Mikhail Gorbachev handed over power to Boris Yeltsin and Russia, Ukraine, and the rest of the Soviet republics became independent states. We continue with an account of the early 1990s, an era of “reform,” when some Russian leaders tried to create a democratic political system and a liberal capitalist economy. We follow the trials and tribulations of the reformers, analyze...
  • Russia's Economic Crisis: Can Putin Be Saved By His Own Propaganda?

    12/27/2014 12:49:47 PM PST · by E. Pluribus Unum · 13 replies
    NBC News ^ | 12/27/14 | Jim Maceda
    Runs on the bank. Hyperinflation. A plummeting ruble. It sounds like today's Russia, but these were also the symptoms of its last economic meltdown, in 1998. That would eventually force Russian President Boris Yeltsin out of power, and put an awkwardly shy and relatively unknown KGB official named Vladimir Putin in his place. No one believed Putin would survive more than a few months in the Kremlin. But 'Putinism' - a mix of authoritarian rule and economic prosperity based almost entirely on vast oil and natural gas reserves - has kept its namesake in power for the past 15 years....
  • Ukraine crisis: Separatist rebels free more soldiers

    12/27/2014 12:52:03 PM PST · by E. Pluribus Unum
    BBC News ^ | 12/27/14
    Pro-Russian rebels in eastern Ukraine have freed four Ukrainian prisoners a day after the two sides exchanged hundreds of captives. The release was announced by a Ukrainian defence ministry adviser, Vasyliy Budik, who said three were soldiers and the fourth a civilian.
  • Nuland: ‘Toxic Cocktail’ Hitting Russia as State Dept. Preparing More Support for Ukraine

    12/27/2014 7:19:20 AM PST · by opentalk · 21 replies
    PJ Media ^ | December 23, 2014 | NICHOLAS BALLASY
    Victoria Nuland, U.S. secretary of state for European and Eurasian affairs, said the U.S. has been internally preparing more financial support to Ukraine.“Senior IMF leadership was in Ukraine this week issuing a public validation of the reform program going forward but also confirming that the program agreed last year is going to need a significant adjustment – that there is a fiscal hole to the tune of $10-15 billion,” Nuland said at the American Enterprise Institute during a discussion examining the Ukrainian revolution one year later.“We expect that the IMF and the World Bank will have to increase their support...
  • Putin Is Mentally Unhinged

    12/27/2014 6:12:17 AM PST · by Kaslin · 82 replies
    Townhall.com ^ | December 27, 2014 | Mark Nuckols
    In his annual year end press conference, Russian President Vladimir Putin showed beyond the shadow of a doubt that he is in fact mentally unhinged. For three hours, by turns he demonstrated signs of schizophrenic paranoia, pathological dishonesty, deep seated passive-aggressive tendencies, woeful ignorance of world affairs and economics, and delusional confidence in Russia’s future prospects. Putin evokes the national self-image of the Russian bear. Putin’s bear is a natural hunter contentedly chasing pigs and boars, but otherwise minding his own business in his own sovereign forest. But somebody wants this bear to have a makeover, and to give up...
  • Why Russia Is No Friend of America

    01/15/2011 4:06:54 PM PST · by neverdem · 11 replies
    American Thinker ^ | January 15, 2011 | Zbigniew Mazurak
    Is Russia a potential ally for the United States? G. Murphy Donovan recently argued on AT that Russia is such a great partner of the United States that it could be admitted to NATO.  To back his assertion up, he provided a number of "reasons," including Harley Davidson motorbikes and Russian women. Donovan argues that Russia, with a balanced budget, very low public debt, and huge reserves of oil and natural gas, is a rich uncle the U.S. could use.  Does he really want the U.S. to be dependent on Russia for loans and fossil fuels?  Isn't America already exposed...
  • Mistrust of Banks Take Over in Russia

    12/27/2014 6:06:20 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | December 27, 2014 | Mike Shedlock
    In Russia, the overnight lending rates between banks has soared to 19%, a sign of widespread and warranted mistrust between banks, as one bank has failed. To stabilize the situation, Putin is considering bank deposit insurance up to an amount equivalent rate of about $26,000. Meanwhile, and although Russia is still burning through currency reserves, the value of the Ruble has been rising. CNN Money reports Russia Empties the Vault to Prop Up Ruble. So far this year the central bank has burned through more than $110 billion in foreign currency supplies. That's more than a quarter of what it...
  • Russia: NATO expansion is biggest threat we face - warns Ukraine it would be "dangerous" to do so

    12/27/2014 2:05:01 AM PST · by Cincinatus' Wife · 33 replies
    The Hill ^ | December 26, 2014 | Jesse Byrnes
    Russia has adopted a new military doctrine, keeping North Atlantic Treaty Organization (NATO) expansion first among its list of primary external threats. The revised doctrine [PDF in Russian - 29 pages with 58 sections], signed by President Vladimir Putin on Friday, is comparable to a 2010 version, which also listed NATO expansion as a primary threat. Additions to the doctrine include a highlighting of the threat from "global strategic antiballistic missile systems" and a Russian goal to protect its interests in the Arctic region, according to Russian state-funded news organization RT. The doctrine’s adoption comes days after Ukraine took a...
  • IRAN: Pastor Irani Faces 18 New Charges

    12/26/2014 9:18:39 PM PST · by redleghunter · 3 replies
    Voice of the Martyrs ^ | 10 September 2014 | VOM
    Iranian pastor Behnam Irani is being held in solitary confinement and is facing 18 new charges, including "spreading corruption on Earth," which is a capital crime. This is similar to "Moharabeh," or "warring against God," which was recently charged to another Christian, Pastor Matthias Haghnejad. Pastor Irani was arrested in December 2006, and sentenced in 2011 to six years imprisonment for "action against the state" and "action against the order." The fresh charges appear to be part of a surge in repression under the Rouhani presidency targeting religious and ethnic minorities. In June, Pastor Irani was removed from prison and...
  • Why Ukraine has no place in the EU

    06/18/2008 12:02:47 PM PDT · by forkinsocket · 12 replies · 61+ views
    Sign and Sight ^ | 11/06/2008 | Richard Wagner
    Ukraine likes to conjure up the magic word "Galicia" to create an identity of European belonging. Richard Wagner picks apart this myth-cum-trademark in an EU bid he believes is misplaced. Ukraine is firmly anchored in the Eurasian region that traditionally answers to Moscow. The cultural-historical fusion with Russia reaches deep into the past to the Kievan Rus, the original formula of the East Slavic concept of state, as does the Byzantine-Orthodox hold on mentality and society. The majority of the population speaks Russian and geographically and geo-politically speaking, the country has a number of non-European coordinates that are indispensable to...
  • Can Russia's Vladimir Putin help deliver a Palestinian state?

    12/26/2014 2:05:57 PM PST · by Jan_Sobieski · 14 replies
    Jerusalem Post ^ | Shamir | Shlomo
    Russia has finally found a lever with which to gain revenge on the United States and the West for its support for Ukraine. As payback for the painful sanctions imposed on its economy, Moscow is now brandishing a new diplomatic sword. The man who handed the Kremlin this sword on a silver platter, thereby enabling it to divert the world’s attention away from what is taking place in Ukraine, is none other than Palestinian Authority President Mahmoud Abbas.
  • Shock poll: Jeb Bush is choice of conservatives, Romney is establishment pick

    12/26/2014 11:20:36 AM PST · by entropy12 · 188 replies
    washington examiner ^ | 12/25/2014 | Paul Bedard
    In a new poll of likely Republican primary voters nationwide by Zogby Analytics, 2012 GOP nominee Romney leads the pack with 14%, followed by former Florida Governor Jeb Bush (12%), Kentucky Senator Rand Paul (10%), New Jersey Governor Chris Christie (8%), former Arkansas Governor and now Fox News Host Mike Huckabee (7%), Florida Senator Marco Rubio (7%), Wisconsin Governor Scott Walker (5%), Rep. and former Vice Presidential nominee Paul Ryan (4%), Texas Governor Rick Perry (4%), Louisiana Governor Bobby Jindal (3%), Texas Senator Ted Cruz (3%), South Carolina Governor Nikki Haley (2%), former Pennsylvania Senator Rick Santorum (1%), and both...
  • Former Fla. gov. Crist on reopening Cuba ties

    12/24/2014 7:02:04 AM PST · by shove_it · 19 replies
    SeeBSnews ^ | 17 Dec 2014
    Florida has long been the home of a large Cuban-American community. The issue of American-Cuban relations is a major issue in the state. Charlie Crist, Florida's former governor, joined CBSN on Wednesday to discuss how President Obama's move to restore diplomatic ties with Cuba will impact the state. According to Crist, the economic impact will be significant because the easing of restrictions on the island will spur redevelopment. Former Florida gov. Charlie Crist GETTY IMAGES "You talk about housing changes, schooling, infrastructure, the natural launching pad for much of that redevelopment is the state of Florida," Crist said. Cuba is...
  • Russian S-300's in Abkhazia Block Possible Israeli Air Route to Iran

    08/13/2010 2:48:54 PM PDT · by dselig · 15 replies
    Debkafiles ^ | August 13, 2010 AEST
    Military sources told debkafile Thursday, Aug. 12, that a threat from Georgia was not the reason why Russian posted advanced S-300 interceptor batteries Russia in Abkhazia and air defense weapons in South Ossetia on the northern shore of the Black Sea -as Moscow officially maintained, but rather possible moves by the US and/or Israel against Iran and its nuclear facilities. Georgia's armed forces do not run to the sophisticated warplanes, missiles or drones that would warrant establishing the high-powered S-300 interceptors for defending the breakaway Abkhazia and South Ossetia. Ordinary air defense batteries would do for deterrence. Therefore, US military...
  • Who started the 1967 War?(my question)

    06/12/2002 8:30:35 AM PDT · by madison46 · 42 replies · 861+ views
    Question | 06/12/02 | Me
    I read within the last few months an article stating why Isreal went to war in 1967...and that since that time Egypt has admitted that they were planning to strike. Does anyone have that source or know of such a recent(last 3-4months) article? I'm battling a guy at work about this. He says Isreal started the 1967 war, I say it was the Arabs. Thanks, madions46
  • Japan inflation slows as oil price falls, keeps BOJ under pressure

    12/25/2014 4:30:12 PM PST · by Red in Blue PA · 2 replies
    TOKYO (Reuters) - Japanese annual core consumer inflation slowed for a fourth straight month in November due largely to sliding oil prices, highlighting the challenges the central bank faces in achieving its 2 percent inflation target. Factory output unexpectedly fell and household spending remained weak, separate data showed, suggesting that any rebound in the economy from recession will be mild and fragile.
  • We Live In A New World And The Saudis Are The First To Get It

    12/25/2014 1:52:04 PM PST · by SatinDoll · 38 replies
    The Automatic Earth blog ^ | Dec. 24, 2012 | Raul Ilargi Meijer
    [ Secondary blog source: Tyler Durden / The Zero Hedge / www.zerohedge.com/news/2014-12-24/we-live-new-world-and-saudis-are-first-get-it ] There are many things I don’t understand these days, and some are undoubtedly due to the limits of my brain power. But at the same time some are not. I’m the kind of person who can no longer believe that anyone would get excited over a 5% American GDP growth number. Not even with any other details thrown in, just simply a print like that. It’s so completely out of left field and out of proportion that you would think by now at least a few more...
  • How Turkey Went Bad

    12/24/2014 11:36:17 AM PST · by Jan_Sobieski · 16 replies
    Middle East Forum ^ | 12/13/2014 | Daniel Pipes
    Only twelve years ago, the Republic of Turkey was correctly seen as a stalwart NATO ally, the model of a pro-Western Muslim state, and a bridge between Europe and the Middle East. A strong military bond with the Pentagon undergirded broader economic and cultural ties with Americans. For those of us who work on the Middle East, time in Istanbul, Ankara, and other Turkish cities was a refreshing oasis from the turmoil of the region. And then, starting with the still-astonishing election of 2002, the country dramatically changed course. Slowly at first and then with increasing velocity since mid-2011, the...
  • Beware Putin’s Special War in 2015

    12/24/2014 5:11:32 PM PST · by Nachum · 40 replies
    The 20 Committee ^ | 12/23/14 | staff
    December 2014 is the month Putin’s Russia was plunged into undeniable crisis. Between the dramatic drop in oil prices and the collapse of the ruble, under Western sanctions pressure, Russians are going into the new year in a dramatically different, and lessened, economic situation than the one they enjoyed at the beginning of the year now ending.This will bring myriad hardships to Russians, particularly because even Moscow is admitting that low oil prices may be the “new normal” until the 2030’s. Caveats abound here. The vast majority of Russians don’t travel abroad, much less have vacation properties in Europe, nor...
  • The History of Russia Can Be Summed Up in Five Words: "And Then it Got Worse"

    As Russia’s ruble falters and its economy groans, many Westerners speculate that the discomfort the Russian people feel will become too much for them to withstand. Many believe the sliding standard of living will become unbearable—that it could cause the Russians to turn against President Vladimir Putin. You can read such speculations here, here and here. Is it true that Russia’s current economic discomfort is more than its people can bear? Will this lead to the end for Mr. Putin? To get a feel for the answer to those questions, let’s take a look back through the annals of Russian...
  • Pizza shop closed after customer films RATS tucking into cheesy treats (Russia)

    12/24/2014 12:18:12 PM PST · by lowbridge · 14 replies
    www.mirror.co.uk ^ | december 22, 2014 | sophia rahman
    A takeaway has been closed by police after a would-be customer filmed a three hungry, huge rats chowing down on pizzas at the shop. Disgusted Evgeny Ivanov, 26, had gone to the fast-food outlet at a bus station in Nizhny Novogorad, Russia, when he spotted the helping themselves to the pizzas. Police confirmed they had ordered the outlet to be closed and the food destroyed.
  • Oil spills into Black Sea near Russian port after pipeline leak

    12/24/2014 8:57:03 AM PST · by thackney · 6 replies
    Reuters ^ | Dec 24, 2014 | MAXIM NAZAROV AND GLEB GORODYANKIN
    A leak on a major Russian oil pipeline caused a spill in the Black Sea near the port of Tuapse on Wednesday where officials said stormy weather was hampering efforts to assess and respond to the mishap. "Some quantity of oil has spilled into the sea," Sergei Proskurin, first deputy captain of the port of Tuapse, told Reuters. He said the size of the spill was unclear and that emergencies services were working to deploy temporary floating barriers to contain the spill but were being delayed by the stormy conditions. Tuapse is a busy industrial and oil port but is...
  • No Joke: Poland is our best friend in Europe

    01/24/2003 9:50:55 PM PST · by Pokey78 · 88 replies · 5,171+ views
    The Weekly Standard ^ | 02/03/03 | Matthew Kaminski
    BrusselsWHEN EUROPE THREW a big party in Copenhagen in December, Poland nearly spoiled the fun. Unhappy with the membership terms offered by the European Union, the Poles held out for a few extra billion euros, knowing full well the "historic" enlargement jamboree couldn't take place without the biggest of the Central European candidates. The E.U. caved and put up extra cash, securing the claim to have "reunified Europe" and "buried Yalta." Polish prime minister Leszek Miller, a veteran of one of his country's last Communist governments, thanked native son Pope John Paul II for getting Poland into "Europe." The theatrics...
  • Sliding oil prices leave socialist Venezuela on brink of financial collapse

    12/24/2014 5:01:35 AM PST · by thackney · 23 replies
    Washington Times ^ | December 23, 2014 | Guy Taylor
    The ongoing plunge in global oil prices is pushing Venezuela toward economic collapse just as President Nicolas Maduro — the hand-picked successor to the late socialist Hugo Chavez — faces mounting international criticism for jailing opposition figures after months of street protests. Where Chavez once drew praise from the world’s leftist elite for using the high price of crude oil during the 2000s to underwrite a socialist revolution, a growing number of analysts in Washington say Mr. Maduro is clinging to power in a country on the edge of becoming a failed state. Venezuela still boasts some of the world’s...
  • Why there are so many kooky conspiracy theories about oil

    12/24/2014 4:50:47 AM PST · by thackney · 25 replies
    Washington Post ^ | December 23, 2014 | Chris Mooney
    The sudden, dramatic drop in oil prices has changed the world almost overnight. Russia's facing an economic crisis, and U.S. consumers are saving a fortune at the pump. The reasons for the sudden swing are not particularly glamorous: They involve factors like supply and demand, oil companies having invested heavily in exploration several years ago to produce a glut of oil that has now hit the market -- and then, perhaps, the "lack of cohesion" among the diverse members of OPEC. But now, right on cue, out come the conspiracy theorists — including Vladimir Putin — to tell us what's...
  • A "Crude" Approach to Evaluating the US Oil Export Ban

    12/24/2014 5:24:19 AM PST · by thackney · 8 replies
    Forbes ^ | 12/23/2014 | Michael Maher
    With the U.S. experiencing a period of rapidly increasing production of light tight oil (LTO) and Gulf Coast refining configurations geared toward processing medium and heavy crude, a growing chorus is calling for the end of the ban on US crude exports. The concern is, due to the medium/heavy orientation of the US refining sector, LTO will continue to be sold at a discount to foreign light oil prices (Brent). This discount will grow as increased LTO production is faced with growing refining bottlenecks and, eventually, will restrict LTO production in the U.S. Moreover, the issue becomes even more relevant...
  • Ukraine parliament votes to take step toward NATO, angering Russia

    12/23/2014 2:14:03 PM PST · by TigerLikesRooster · 11 replies
    WP ^ | December 23 , 2014 | Michael Birnbaum
    Ukraine parliament votes to take step toward NATO, angering Russia By Michael Birnbaum December 23 MOSCOW — In a sign of Ukraine’s hardening attitude toward Russia, Ukrainian lawmakers on Tuesday voted to remove a legal barrier to joining the NATO defense alliance. The move provoked an angry response from Russia, even though NATO shows few signs of accepting Ukraine as a member anytime soon. But this year’s bloody conflict in Ukraine’s east has altered the country’s feelings about the Western alliance. A plurality of Ukrainians now favor joining NATO, a stark change from recent years when just a small fraction...
  • Ukraine takes historic step toward NATO

    12/23/2014 8:39:40 AM PST · by KOZ. · 51 replies
    AFP via Yahoo ^ | 12/23/2014 | Dmitry Zaks
    Kiev (AFP) - Ukraine took a historic step toward NATO on Tuesday in a parliamentary vote that stoked Russia's anger ahead of talks on ending the ex-Soviet state's separatist war. Lawmakers in the government-controlled chamber overwhelmingly adopted a bill dropping Ukraine's non-aligned status -- a classification given to states such as Switzerland that refuse to join military alliances and thus play no part in wars. President Petro Poroshenko had vowed to put Ukraine under Western military protection after winning an election called in the wake of the February ouster in Kiev of a Moscow-backed president. "Ukraine's fight for its independence,...
  • The Russians Fighting a 'Holy War' in Ukraine

    12/23/2014 8:57:56 AM PST · by marshmallow · 5 replies
    BBC ^ | 12/17/14 | Tim Whewell
    Since the start of the conflict in eastern Ukraine eight months ago, the Kremlin has denied any direct involvement, including sending Russian troops. But there are Russian fighters on the ground who are proud to announce their presence - and to discuss their ideas of "holy war".Even when the morning sun catches the gold domes of its Orthodox churches, the Ukrainian city of Donetsk, stronghold of the pro-Russian rebels, doesn't look much like Jerusalem. Trolley-buses trundle through the dirty snow, past belching chimneys and the slag-heaps from the coal-mines on the edge of town. But through the smoke and grime,...
  • Ruble continues to gain as exporters are ordered to sell foreign currency

    12/23/2014 9:06:17 AM PST · by 11th_VA · 10 replies
    MarketWatch ^ | 23 Dec 2014 | By Andrey Ostroukh
    <p>MOSCOW — The ruble extended its rebound, hitting the highest levels in two weeks Tuesday, as Russian authorities ordered major state companies to sell foreign currency to stabilize the market.</p> <p>The order, which applies to big exporters including Gazprom OGZPY, -0.41% and Rosneft RU:ROSN is part of a package of stabilization measures that the government and central bank have imposed to pull the ruble USDRUB, -1.12% back from the record lows set during last week’s currency crisis. So far, the authorities have kept promises not to impose administrative controls on capital flows or ruble convertibility, sticking instead to less-formal steps.</p>
  • Russia test-launches new space eco-rocket Angara right into geostationary orbit

    12/23/2014 9:45:32 AM PST · by Patriot777 · 17 replies
    Russia’s space agency has launched a heavy version of the newly developed ecologically clean rocket family Angara. The booster is to take its mock payload right to the geostationary orbit – over 35,000 kilometers from the Equator. “A 08:57 Moscow time, the heavy-class rocket Angara-A5 was launched by a Space Forces crew of the Arkhangelsk Region from the universal launch site of the state test facility of the Russian Defense Ministry [the Plesetsk Cosmodrome],” the ministry said in a statement. The success was reported by Defense Minister Sergey Shoigu to President Vladimir Putin, who was monitoring the launch form Moscow...
  • Scenes From Putin's Economic Meltdown

    12/23/2014 7:48:12 AM PST · by C19fan · 8 replies
    Politico ^ | December 21, 2014 | Alec Luhn
    Get the hot deals while they last! Whatever’s on your holiday shopping list—buy now, it may never be this cheap again! In a single day this past week, the ruble exchange rate dropped from 59 to 80 to the dollar, further eroding confidence in the Russian economy and ensuring a deep recession next year—but also briefly turning Moscow into the shopping capital of the world. Although this past week’s currency crisis marked the worst fall for the ruble since Russia defaulted on its debt in 1998, no one was waiting in bread lines or starting a run on the bank....
  • Saudi Oil Minister Says Russia Doesn't 'Deserve Market Share'

    12/22/2014 7:58:21 PM PST · by TigerLikesRooster · 41 replies
    BI ^ | Dec. 22, 2014 | Jim Edwards
    Saudi Oil Minister Says Russia Doesn't 'Deserve Market Share' Jim Edwards Dec. 22, 2014, 12:10 PM Saudi Oil Minister Ali Naimi really got the world's attention in an interview he gave to the energy journal Middle East Economic Survey (MEES). We told you earlier that Naimi said the Saudis don't care how low the price of oil goes: "Whether it goes down to $20, $40, $50, $60, it is irrelevant." What's interesting though is Naimi's rationale for not caring. Basically, he told MEES, the Saudis can afford not to care about the low price of oil. /snip Everyone is asking...
  • Russia to bail out Trust Bank with up to $530 million

    12/22/2014 11:32:55 AM PST · by Lorianne · 12 replies
    Reuters ^ | 22 December 2014
    Russian mid-sized lender Trust Bank is to receive up to 30 billion rubles ($530 million) from the central bank to stop it going bankrupt in the first bailout of its kind during the current rouble crisis. The central bank also said its Deposit Insurance Agency, responsible for managing crisis-hit lenders, would take over interim supervision of Trust Bank as of Monday. The measures "will make it possible for Trust to continue smooth payments operations. All the bank's clients, including depositors, can use its services as usual", the central bank said in a statement. Trust, which hired actor Bruce Willis as...
  • Iran’s IRGC 'Massacring' Iraqi Sunnis It 'Saves' from ISIS

    12/22/2014 12:19:34 PM PST · by Dave346 · 10 replies
    Arutz Sheva ^ | 12/21/2014, 6:50 PM | Mark Langfan
    Iraq’s Grand Mufti accuses IRGC, Iraqi government, Shiite militias of genocide and rape of Sunnis they 'liberated' from ISIS In an explosive TV interview aired last week, Iraq’s Grand Mufti Rafi Al-Rifa’i, the highest Sunni authority in the country, accused the Iranian Revolutionary Guard Corps (IRGC), the Iraqi government, and Iraqi Shiite militias of mass genocidal killings and rape of Sunni men and women from Iraqi towns and villages “liberated” from ISIS (Islamic State). Mufti Al-Rifa’i posed the unanswerable question, “Why should we fight ISIS? So the Iranian IRGC can take over? The same Iranian IRGC that is running operations...
  • Bad Russian Military Idea—Assemble the Cossacks!

    12/22/2014 8:14:50 AM PST · by C19fan · 19 replies
    War is Boring ^ | December 21, 2014 | Robert Beckhusen
    These days, they might not ride into battle on horseback. But creating Cossack units within the Russian military is an idea that’s gained currency as the Kremlin tries to wage regional and internal wars. That’s the nutshell behind a new proposal from retired Capt. Konstantin Sivkov in the influential Military-Industrial Courier newspaper. According to the paper, the Kremlin should create Cossack units as a means to help the “maintenance of law and order” and for responding to military and state emergencies. Further, Russia should organize Cossacks into a new “kind of troops of the Russian armed forces,” Sivkov wrote.
  • Saudi Arabia: We'll never cut oil production {OPEC really dead?}

    12/22/2014 5:28:28 AM PST · by thackney · 40 replies
    CNN Money ^ | December 22, 2014 | John Defterios
    In an exclusive interview with CNN, Saudi oil minister Ali al-Naimi also said he wasn't conspiring to take out rival producers by driving down the price. "These rumors or whoever generated them, is completely mistaken," he said. U.S. crude prices have slumped by nearly 50% in six months, the sharpest fall for many years. That has unsettled stock markets, accelerated a financial crisis in Russia, raised the risk that Venezuela will default and forced some U.S. producers to shed jobs and scale back investment. Depending on which conspiracy theory you subscribe to, Saudi Arabia is waging an oil price war...
  • The week the dam broke in Russia and ended Putin's dreams

    12/22/2014 4:39:46 AM PST · by elhombrelibre · 35 replies
    The Telegraph ^ | 20 Dec 14 | Ambrose Evans-Pritchard
    Gallows humour is back in Moscow. Asked what he would do to stop the rouble spiralling out of control, the former governor of Russia’s central bank replied: “I would pick up a pistol and shoot myself.” This was the week when the country’s long-festering crisis turned virulent. A last-ditch attempt to defend the exchange rate by raising interest rates to 17pc failed within hours, yet the shock is surely enough to set off a chain of corporate failures and push banks over the edge. Traders in the City watched open-mouthed as the dam broke on Black Tuesday. The event exposed...
  • StopFake.org Top 75 Review

    12/22/2014 3:51:33 AM PST · by WhiskeyX
    StopFake.org ^ | December 10, 2014 - 16:15 | StopFake.org
    Our reader Sam King made a StopFake Review in English with some added comments. There are top 75 cases that provide evidence of Russia’s Kremlin attempts to lie about their invasion of Ukraine. Most cases show Kremlin Backed Media companies using old photos to create false reports.
  • Russian Military Jet Nearly Collides With Passenger Plane

    12/22/2014 3:37:22 AM PST · by WhiskeyX · 8 replies
    Radio Free Europe / Radio Liberty RFE/RL ^ | December 14, 2014 | Radio Free Europe / Radio Liberty RFE/RL
    Swedish defense officials have said a Russian military aircraft nearly collided south of Sweden with a commercial passenger plane shortly after takeoff from Copenhagen, Denmark, on December 12. Sweden's air force chief, Major General Micael Byden, said the Russian warplane's transponders -- which make the plane detectable to commercial radar -- were shut off. Swedish Defense Minister Peter Hultqvist called the incident "serious" and "inappropriate," although he added the Russian plane had not violated Swedish air space. "This is outright dangerous when you turn off the transponder," Hultqvist told Swedish radio. Hultqvist said both Danish and Swedish jet fighters were...
  • Mistral Deal in Doubt: France either delivers warships or give Moscow refund, says Russian official

    12/22/2014 3:25:51 AM PST · by WhiskeyX · 12 replies
    YouTube ^ | Dec 21, 2014 | Ukraine Today
    Russia's Deputy Defense Minister Yury Borisov has told Interfax that France must decide by the end of the year if it will deliver two mistral class warships or give Moscow a refund. He also reportedly said that the second option of a refund "might even be preferable."
  • The Syrian Army Is Shrinking, And Assad Is Running Out Of Soldiers

    12/21/2014 11:44:07 PM PST · by MinorityRepublican · 11 replies
    IBD ^ | December 17, 2014 | Alessandria MasI
    When the U.S. launched an airstrike campaign in Syria to “degrade and destroy” the so-called Islamic State, some were concerned that the regime of Syrian President Bashar Assad would indirectly benefit from the destruction rained down on its enemies by America and its allies. Now, nearly three months later, Assad is desperate for manpower to maintain control in areas where pro-regime support is dwindling. U.S. airstrikes, concentrated in areas with a heavy Islamic State presence, have allowed Assad to reallocate some resources, but his army is facing a huge problem: It's running out of soldiers. Ground forces have shrunk from...
  • Russian Nuclear Bombers Again Buzz Guam

    12/21/2014 10:10:37 PM PST · by Tolerance Sucks Rocks · 35 replies
    The Washington Free Beacon ^ | December 19, 2014 | Bill Gertz
    Russian strategic bombers conducted a third circumnavigation of the U.S. Pacific island of Guam last week as other bombers flew close to Alaska and Europe, defense officials said. Two Tu-95 Bear H bombers made the flight around Guam, a key U.S. military hub in the western Pacific, on Dec. 13. No U.S. interceptor jets were dispatched to shadow the bombers. Separately, two Canadian F-18s intercepted two Bear bombers that intruded into the Alaska air defense identification zone on Dec. 8 that a military spokesman called “unwanted, provocative, and potentially destabilizing.” Around the same time in Europe, NATO jets intercepted Russian...
  • Germans Protest Islam, Leftwing Media Denounces Putin

    12/21/2014 9:24:20 PM PST · by juliosevero · 34 replies
    Last Days Watchman ^ | Julio Severo
    Germans Protest Islam, Leftwing Media Denounces Putin By Julio Severo On Monday, December 15, some 15,000 people in Germany took part in a demonstration labeled by the German press as ‘xenophobic.’ The demonstration was held by the Patriotic Europeans Against the Islamization of the West (PEGIDA, by its German-language acronym), whose main objective is to oppose Islamic immigration from the Middle East and Africa. Since October, PEGIDA has held weekly rallies against Islam. German chancellor Angela Merkel has condemned PEGIDA, declaring, “There is no place in Germany for those who are instigating hatred against immigrants.” She also denounced the...
  • French Official: Russia plotting to start war on Israel

    12/21/2014 8:57:14 PM PST · by Jan_Sobieski · 122 replies
    World Net Daily ^ | 12/20/2014 | AARON KLEIN
    TEL AVIV – Russia is preparing a contingency plan to prompt Hezbollah and possibly the regime of Syrian President Bashar al-Assad into a direct military conflict with Israel, according to a French official who has been apprised of the situation. The official, who spoke on condition of anonymity, said the contingency was meant to be used as a card against the West, particularly the U.S. and European Union, which has been engaged in efforts to isolate Moscow...
  • Obamas are keeping the divide alive

    12/21/2014 1:42:59 PM PST · by TurboZamboni · 32 replies
    pioneer press ^ | 12-21-14 | joe soucheray
    Barack and Michelle Obama, speaking to People Magazine, of all disappointments, shared the disheartening news that they have experienced what they called racism. Barack, for example, apparently has had trouble, before he was president, hailing a cab in Chicago, to which an immediate thought might occur to anyone who has been to Chicago: Who hasn't? Also, Barack, at a black-tie event, when he, too, was in festive livery, apparently was asked by another guest if he would get them a cup of coffee. For her recollection, Michelle came up with a visit to a Target store as first lady. She...