Tag Archives: Geopolitics

Russia Urges Companies to Delist Abroad Amid Sanctions

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“Russia urged companies to delist their shares from overseas stock exchanges and trade in Moscow in an effort to safeguard them as international sanctions mount against the country after its takeover of Crimea.  ‘This is a question of economic security,’ First Deputy Prime Minister Igor Shuvalov told reporters after a government meeting. Speaking later, he said the move isn’t mandatory and that companies should make independent decisions.  The Russian government is creating ‘attractive’ conditions for companies that decide to re-register on OAO Moscow Exchange, Shuvalov said. The country will push on with plans to sell state-owned assets on the stock exchange, he said.”

http://www.bloomberg.com/news/2014-04-08/russia-asks-companies-to-delist-from-bourses-abroad-for-security.html

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Ex-U.S. officials hail Japan’s decision on collective self-defense

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“Former U.S. policymakers on Monday welcomed a July 1 decision by the Cabinet of Prime Minister Shinzo Abe to allow Japan to exercise the right to collective self-defense, saying it will invigorate the Japan-U.S. alliance and create firmer deterrence against China’s military buildup and territorial ambitions. ‘Together, the United States and Japan present a partnership that can prevent China from achieving its territorial ambitions through military force,’ it says.  The report calls for integrating China into ‘a rule-based Asia Pacific community’ so as to achieve a more peaceful and prosperous Asia-Pacific region.”

http://www.globalpost.com/dispatch/news/kyodo-news-international/140714/ex-us-officials-hail-japans-decision-collective-self-d

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European Parliament Calls For Excluding Russia From SWIFT System

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“In a resolution adopted Thursday, the European Parliament called on the EU member states to consider excluding Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) financial transaction system.  This spring, Russian authorities started searching for ways to decrease Russian financial markets’ dependence on SWIFT, when a number of banks were hit by Western sanctions.  SWIFT binds together 10,000 financial organizations in 210 countries, providing the infrastructure for $6 billion in interbank operations every day. The vast majority of bank-to-bank transactions are conducted via SWIFT.”

http://en.ria.ru/business/20140918/193052405/European-Parliament-Calls-For-Excluding-Russia-From-SWIFT-System.html

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Fresh sanctions will freeze big foreign oil projects in Russia

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“Fresh U.S. and EU sanctions imposed on Moscow will bring an abrupt halt to exploration of Russia’s huge Arctic and shale oil reserves and complicate financing of existing Russian projects from the Caspian Sea to Iraq and Ghana.  On Friday, the United States imposed sanctions on Gazprom, Gazprom Neft, Lukoil, Surgutneftegas and Rosneft, banning Western firms from supporting their activities in exploration or production from deep water, Arctic offshore or shale projects. Projects now in jeopardy include a landmark drilling program by U.S. giant Exxon Mobil in the Russian Arctic that started in August as part of a joint venture with the Kremlin’s oil champion Rosneft.”

http://www.reuters.com/article/2014/09/14/us-ukraine-crisis-russia-oil-idUSKBN0H90CV20140914

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Russia developing new nuclear weapons to counter US, NATO

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“Russia is developing an array of new nuclear and conventional weapons to counter recent moves by the US and NATO, President Vladimir Putin said Wednesday as the military successfully tested a new intercontinental ballistic missile launched from a nuclear submarine.  Putin accused the West of using the crisis in Ukraine to reinvigorate NATO, warning that Moscow will ponder a response to the alliance’s decision to create a rapid-reaction ‘spearhead’ force to protect Eastern Europe.  His comments came as Russia’s relations with the West have plunged to their lowest point since the Cold War due to Russia’s role in the crisis in Ukraine.”

http://nypost.com/2014/09/10/russia-developing-new-nuclear-weapons-to-counter-us-nato/

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Bill Bonner: What I Learned in China About the Fate of the US Dollar

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“‘China is the nation to watch,’ begins a Beijing colleague.  It is already the biggest trading nation in the world. And it will soon pass the US as the world’s biggest economy. But what is really important is that it will also overtake the US in two other important categories: military power and money.  Now, the US is making a show of supporting the nations around China… as though it could stop China by teaming up with the Philippines and Japan.  This is like the early 19th century, when France tried to get all of Europe to unite against Britain, the rising power of that era. It didn’t work… You can’t stop a nation whose time has come. And China’s time is coming.'”

http://bonnerandpartners.com/learned-china-fate-us-dollar/

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Iraq Is Not A Nation And You Can’t Build One There With Bombs

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“They left behind $25 billion in military training and state-of-the-art warfare equipment, but neither a dictator nor a nation. Indeed, under the latter heading they had endeavored to build a nation where there had been none, but ended up liquidating the machinery—–the Republican Guards and the Baathist political party—that in the most recent era had enforced co-existence with machine guns and poison gas canisters.  Foolishly claiming America’s job was done at the end of 2011 when the last GIs boarded transports out of Baghdad,  Barack Obama was actually opening the gates of hell without a clue as to the furies that would soon come swarming through.”

http://davidstockmanscontracorner.com/memo-to-washington-iraq-is-not-a-nation-and-you-cant-build-it/

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Gazprom Begins Accepting Payment For Oil In Ruble, Yuan

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“According to Russia’s RIA Novosti, citing business daily Kommersant, Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers. Meaning Russia will export energy to either Europe or China, and receive payment in either Rubles or Yuan, in effect making the two currencies equivalent as far as the Eurasian axis is conerned, but most importantly, transact completely away from the US dollar thus, finally putin'(sic) in action the move for a Petrodollar-free world.”

http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan

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Embargoed EU Goods Actively Re-Imported to Russia via Belarus

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“Goods embargoed by Moscow in response to Western economic sanctions are being actively shipped to Moscow via Belarus, Russian President Vladimir Putin said Tuesday.  The Russian leader added that exporters often replace an EU label with a new one and send the goods to Russia.  Putin proved his words by displaying photographs of a man removing a label, under which the initial producer country – Poland is revealed.   Russia has banned food imports from the United States, the European Union, Canada, Australia and Norway in response to sanctions imposed on Russia over its alleged role in escalating the Ukrainian crisis.”

http://en.ria.ru/russia/20140826/192371567/Embargoed-EU-Goods-Actively-Re-Imported-To-Russia-Via-Belarus-.html

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EU to help dairy sector hit by Russian food import ban

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“According to the European Commission, EU dairy exports to Russia were worth 2.3 billion euros ($3 billion) in 2013. Cheese accounted for almost half of that.  Under the dairy proposal, the commission said it would help cover the cost of storing surplus goods that had to be taken off the market for up to seven months – giving producers the option to sell their goods at a later date. The aid would apply to butter, skimmed milk powder and certain cheeses. The commission has not specified how much money it is prepared to set aside for the dairy industry. Unnamed EU officials cited by Reuters said the measures could cost between 10 and 20 million euros.”

http://www.dw.de/eu-to-help-dairy-sector-hit-by-russian-food-import-ban/a-17886679

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