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Kazakhstan’s Oil Flows to Germany Threatened as Russia Demands Transit Fees

Kazakhstan’s Oil Flows to Germany Threatened as Russia Demands Transit Fees Russian pipeline operator Transneft has warned Kazakhstan’s oil companies that ship crude to Germany via Transneft’s Druzhba pipeline that the customers of the Kazakh firms have until June to pay for metering services or risk a halt to supplies, trading sources told Reuters on Thursday. In […]

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Millions Without Power After Blackouts Hit Kazakhstan, Uzbekistan, Kyrgyzstan

Millions Without Power After Blackouts Hit Kazakhstan, Uzbekistan, Kyrgyzstan A massive power outage was reported on Tuesday across several Eurasia countries that left millions in the dark. Reuters reports Kazakhstan, Uzbekistan, and Kyrgyzstan found themselves without power today. All three ex-Soviet republics have interconnected power grids connected to Russia. The source of the disruption could be […]

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The Three Types of US ‘Regime Change’

The Three Types of US ‘Regime Change’ When the U.S. overthrows a foreign government it either works from the top down, the bottom up, or through military invasion, writes Joe Lauria. Chilean presidential palace during U.S.-backed coup, Sept. 11, 1973. (Library of the Chilean National Congress/Wikipedia) Throughout the long, documented history of the United States illegally overthrowing […]

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The Hunter Connection? Kazakh Security Chief Arrested For Treason Was “Close Friends” With Bidens

The Hunter Connection? Kazakh Security Chief Arrested For Treason Was “Close Friends” With Bidens Among the boldest and eye-brow raising political moves by embattled Kazakh President Kassym-Jomart Tokayev within the past days that grabbed international headlines was his ordering the arrest of Kazakhstan’s powerful former intelligence chief, Karim Massimov, on the charge of high treason. Indicating that amid widespread fuel price unrest which quickly […]

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Why The Kazakhstan Crisis Is A Much Bigger Deal Than Western Media Is Letting On

Why The Kazakhstan Crisis Is A Much Bigger Deal Than Western Media Is Letting On Geopolitical commentator Clint Ehrlich has reported while on the ground in Moscow that “the situation in Kazakhstan is a much bigger deal than Western media is letting on.” He further argues that the mayhem unleashed this past week and ongoing violent destabilization significantly increases the […]

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Steppe on Fire: Kazakhstan’s Color Revolution

Steppe on Fire: Kazakhstan’s Color Revolution Maidan in Almaty? Oh yeah. But it’s complicated. So is that much fear and loathing all about gas? Not really. Kazakhstan was rocked into chaos virtually overnight, in principle, because of the doubling of prices for liquefied gas, which reached the (Russian) equivalent of 20 rubles per liter (compare […]

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As coronavirus surges in Hong Kong, mysterious pneumonia hits Kazakhstan – is this a new pandemic?

As coronavirus surges in Hong Kong, mysterious pneumonia hits Kazakhstan – is this a new pandemic? (Natural News) Even as one of Asia’s major financial hubs braces for a resurgence of Wuhan coronavirus (COVID-19) cases, a potential new threat looms as a deadly new pneumonia has broken out in the center of the continent. In […]

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“I Know Of No One Who Predicted This”: Russian Oil Production Hits Record As Saudi Gambit Fails

“I Know Of No One Who Predicted This”: Russian Oil Production Hits Record As Saudi Gambit Fails In late October, we noted that for the second time this year, Russia overtook Saudi Arabia as the biggest exporter of crude to China. Russia also took the top spot in May, marking the first time in history that Moscow beat out […]

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Azerbaijan Currency Crashes 50% As Crude Contagion Spreads

Azerbaijan Currency Crashes 50% As Crude Contagion Spreads OPEC blowback continues to ripple around the world. With Russia’s Ruble pushing back towards record lows against the USD, and Kazakhstan’s Tenge having tumbled to record lows, the writing was on the wall for Azerbaijan. As Bloomberg reports, the third-biggest oil producer in the former Soviet Union moved to a free […]

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Saudis Poke The Russian Bear, Start Oil War In Eastern Europe

Saudis Poke The Russian Bear, Start Oil War In Eastern Europe Any weakening of Russian support for Mr. Assad could be one of the first signs that the recent tumult in the oil market is having an impact on global statecraft. Saudi officials have said publicly that the price of oil reflects only global supply […]

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Russia Is Going To Pass A Law Formally Dumping The U.S. Dollar

Russia Is Going To Pass A Law Formally Dumping The U.S. Dollar Russian President Vladimir Putin has introduced legislation that would deal a tremendous blow to the U.S. dollar.  If Putin gets his way, and he almost certainly will, the U.S. dollar will be eliminated from trade between nations that belong to the Commonwealth of […]

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Saudi Arabia Faces Another “Very Scary Moment” As Economy, FX Regime Face Crude Reality

Saudi Arabia Faces Another “Very Scary Moment” As Economy, FX Regime Face Crude Reality “They are working for their market share, not for the price,” Kazakh Prime Minister Karim Massimov told Bloomberg on Saturday, during the same interview in which he predicted that sooner or later, dollar pegs in Saudi Arabia and the UAE would […]

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Why It Really All Comes Down To The Death Of The Petrodollar

Why It Really All Comes Down To The Death Of The Petrodollar Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind the move was clear enough. The plunge in crude prices along with the relative weakness of the Russian […]

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Currency Wars Continue As Kazakh Currency Crashes 25% After Peg Abandoned

Currency Wars Continue As Kazakh Currency Crashes 25% After Peg Abandoned On Tuesday we remarked on the increasingly perilous plight of yet another country whose economy has come under increased pressure from plunging oil prices and China’s move to devalue the yuan: Kazakhstan. Just one day after allowing the tenge to fall sharply in the interbank market […]

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Kazakhstan Prepares For $40 Oil, Gary Schilling Says “Oil Going To $20” | Zero Hedge

Kazakhstan Prepares For $40 Oil, Gary Schilling Says “Oil Going To $20” | Zero Hedge. “People should not be worried,” explained Kazakhstan President Nursultan Nazarbayev in a TV address over the weekend, “we have a plan in place if oil prices are $40 per barrel.” Kazakhstan, the second largest ex-Soviet oil producer after Russia, explains “there are reserves […]

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