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Did Russia Really Dump Its U.S. Debt?

DID RUSSIA REALLY DUMP ITS U.S. DEBT? Russia dumped 84% of its American debt,” blared a July CNN headline. Russian central-bank head Elvira Nabiullina said the sales were just part of “diversifying the entire structure of currencies.” But with the U.S. dollar accounting for two-thirds of global foreign-exchange reserves and most (non-intra-eurozone) international trade, dumping this much dollar debt […]

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TRUTH is so precious that she should Always be attended by a Bodyguard of Lies

TRUTH is so precious that she should Always be attended by a Bodyguard of Lies QUESTION: Do you support the unilateral withdrawal of the US from the Iran deal? ANSWER: Iran has no intention of actually conforming with that agreement. But that is really a side issue. There is a significant displeasure with the religious government […]

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The Geopolitics of Energy

The Geopolitics of Energy Some brief notes on the situation around the world with respect to the influence that energy has on political developments. 1. The Middle East The Middle East continues to play a major role in the global energy scene. Notwithstanding changes that have occurred in the political situation of many countries in […]

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Free The Press

Free The Press William Hogarth Humours of an Election, Plate 2 1754 Two thirds of Americans want the Mueller investigation (inquisition, someone called it) over by the midterm elections. Trump lawyer Rudy Giuliani has said that if Mueller wants to interview Trump, he’ll have to do so before September 1, because the Trump camp doesn’t […]

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Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting

Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting “Russian influence will flow through that pipeline right into Europe, and that is what we are going to prevent,” an unnamed U.S. official told the Wall Street Journal just as Russian President Vladimir Putin and Chancellor Angela Merkel meet outside of Berlin on Saturday centered […]

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Sanctions, oil, and the emerging China-Russia-Iran axis

Sanctions, oil, and the emerging China-Russia-Iran axis Although China has backpedalled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China to play the oil card in the future – including imports from Iran despite sanctions, and drawing closer […]

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All Sanctions Against Russia Are Based on Lies

All Sanctions Against Russia Are Based on Lies All of the sanctions (economic, diplomatic, and otherwise) against Russia are based on clearly demonstrable intentional falsehoods; and the sanctions which were announced on August 8th are just the latest example of this consistent tragic fact — a fact which will be proven here, with links to […]

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Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War

Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War China and Russia recently announced a new age of diplomacy between the two countries, at a time when President Trump is targeting both with precision-guided economic warfare. China finds itself reeling under trade disputes with the US, as the next round of […]

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The Baltic States Never Stop Their War Preparations Against Russia

The Baltic States Never Stop Their War Preparations Against Russia The hue and cry over the possibility of a Russian attack on the Baltic states has grown all out of proportion. NATO is using its “Russian boogeyman” campaign to boost its military presence in the region. With Moscow accused of harboring evil plans, a robust military infrastructure […]

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Always Blame Your Enemy – Turkey is Endangering the Entire World Economy

Always Blame Your Enemy – Turkey is Endangering the Entire World Economy COMMENT: Marty, On Aug 12/18 you wrote about “Iran and & Turkey Ripe for Revolution?” and in that blog, you mentioned … They will both turn toward Russia for help and portray their political crisis as a CIA plot. When watching the news […]

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NSA Cracked Open Encrypted Networks of Russian Airlines, Al Jazeera, and Other “High Potential” Targets

Photo: Kamran Jebreili/AP NSA CRACKED OPEN ENCRYPTED NETWORKS OF RUSSIAN AIRLINES, AL JAZEERA, AND OTHER “HIGH POTENTIAL” TARGETS THE NATIONAL SECURITY AGENCY successfully broke the encryption on a number of “high potential” virtual private networks, including those of media organization Al Jazeera, the Iraqi military and internet service organizations, and a number of airline reservation […]

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US Sanctions Foster Emergence of Multipolar World

US Sanctions Foster Emergence of Multipolar World Russia, Iran, China, and now Turkey are in the same boat, as all have become the target of US sanctions. But none of those nations has bowed under the pressure. Russia had foreseen the developments in advance and took timely measures to protect itself. The Turkish national currency, the lira, […]

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Turkey Joins Russia In Liquidating US Treasuries

Turkey Joins Russia In Liquidating US Treasuries Last month, when we reported that Russia had liquidated the bulk of its US Treasury holdings in just two months, we said that “we can’t help but wonder – as the Yuan-denominated oil futures were launched, trade wars were threatened, and as more sanctions were unleashed on Russia […]

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China to Support Syria Along with Russia Against USA

China to Support Syria Along with Russia Against USA COMMENT: Mr. Armstrong; You said that China would eventually send troops to the Middle East and join with Russia in Syria. China just openly told that to the newspapers. Your contacts behind the curtail are quite amazing. BH  REPLY: Qi Qianjin was appointed the ambassador to […]

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“All Bets Are Off” – Ruble, Lira Crushed By US Sanctions

“All Bets Are Off” – Ruble, Lira Crushed By US Sanctions Emerging Market currencies are down broadly but the biggest losers (for now) are the Turkish Lira (record lows) and Russian Ruble (20-mo lows) as both suffer from US government actions. The Ruble has broken down to its lowest since Nov 2016 (US election)… The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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