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Peace Talk Between Nuclear Superpowers Offends America’s Assholes And Morons

Peace Talk Between Nuclear Superpowers Offends America’s Assholes And Morons

When I was a little girl I used to end all my nightly prayers with the words, “And please no nuclear war, and peace on earth. Amen.” This was in the early eighties. The knowledge that weapons existed armed and ready which could annihilate all life on earth, including my Mum and my Dad and everyone I loved, kept me up at night.

I still marvel at the fact that these weapons exist, just as armed and just as ready, and we just go about our lives like it’s perfectly normal. They’re even more prone to malfunction than they were back then, because so many parts of the system are much older now. All it would take is something failing to work the way it’s meant to or somebody making a mistake or miscommunication that hadn’t been adequately anticipated and prepared for, and it could set into motion a chain of events from which there is no coming back. We’ve already come within a hair’s breadth of nuclear annihilation on more than one occasion due to such occurrances, and yet people still act like preventing that from ever happening isn’t the single most important priority for our entire species.

In the days leading up to the Helsinki summit between leaders of Russia and the United States, an open letter titled “Common Ground: For Secure Elections and True National Security” was published and signed by experts, activists and scholars ranging from Noam Chomsky to Gloria Steinem to Daniel Ellsberg to Michael Moore. Part of the letter reads as follows:

“At the same time, the US and Russian governments show numerous signs of being on a collision course. Diplomacy has given way to hostility and reciprocal consular expulsions, along with dozens of near-miss military encounters in Syria and in skies above Europe. Both sides are plunging ahead with major new weapons-development programs.

…click on the above link to read the rest of the article…

Washington and Allies Go Orwellian on Korea Peace Talks

Washington and Allies Go Orwellian on Korea Peace Talks

Washington and Allies Go Orwellian on Korea Peace Talks

Just as North and South Korea achieve important peaceful exchanges, Washington and its NATO allies appear to be moving with determination to sabotage the initiative for averting war on the East Asian peninsula.

Further, the reckless, gratuitous provocations beg the conclusion that the United States is indeed trying to start a war.

Meanwhile, unprecedented accusations this week by US President Donald Trump that Russia is supporting North Korea to evade United Nations sanctions also point to the danger that any conflict could spiral out of control to engulf world nuclear powers.

Moscow rejected the unsubstantiated claims leveled by Trump, saying that Russia is abiding by UN trade restrictions over North Korea, and that the American president’s allegations were “entirely unfounded”.

Trump’s verbal broadside suggests that Washington is trying to undermine the nascent talks between the two Koreas, talks which Russia and China have both applauded as a long-overdue diplomatic effort to resolve the Korean conflict.

Separately, Russia’s Foreign Minister Sergei Lavrov deplored a summit held in Vancouver, Canada, earlier this week in which the US and 19 other nations – most of them NATO members – called for sharper sanctions on North Korea that go beyond the remit of the United Nations. The conference, co-hosted by Canada’s Foreign Minister Chrystia Freeland and US Secretary of State Rex Tillerson, issued a stridently bellicose statement, calling in effect for North Korea to surrender its nuclear weapons or face US-led military action.

Significantly, and pointedly, China and Russia were not invited to the Canadian summit.

Most of the attending states were part of the original US-led military force which fought against North Korea during the 1950-53 war. A war which killed as many as two million North Koreans.

Russia admonished that the conference was “harmful” to current peace talks between North and South Korea. China rebuked the Canadian event as being stuck in “Cold War thinking”.

…click on the above link to read the rest of the article…

Europe, US Risk Off After Greece Rejects European Ultimatum, Ukraine Peace Talks Falter

Europe, US Risk Off After Greece Rejects European Ultimatum, Ukraine Peace Talks Falter

In the absence of any notable developments overnight, the market remains focused on the rapidly moving situation in Greece, which as detailed over the weekend, responded to Europe’s Friday ultimatum very vocally and belligerently, crushing any speculation that Syriza would back down or compromise, and with just days left until the emergency Eurogroup meeting in three days, whispers that a Grexit is imminent grow louder. The only outstanding item is what happens to the EUR and to risk assets: do they rise when the Eurozone kicks out its weakest member, or will they tumble as UBS suggested this morning when it said that “the escalation of tensions between the Greek government and its creditors is so far being shrugged off by investors, an attitude which is overly simplistic and ignores the risk of market dislocations” while Morgan Stanley adds that a Grexit would likely lead to the EURUSD sliding near its all time lows of about 0.90.

That, the ongoing Ukraine “peace talks” which are rapidly going nowhere and in fact have already managed to splinter Europe and the US (as well as sow internal European discord) and the collapse of Chinese imports, and weaker than expected exports, reported over the weekend leading to a record high trade surplus, is what is on traders’ minds this morning.

As a result European equities (Eurostoxx50 -1.21%) trade in the negative territory across the board with concerns and uncertainty surrounding Greece weighing on sentiment after Greek PM Tsipras rejected terms on the bailout extension. This also supported a bid in core fixed income as Bunds trade with gains of over 50 ticks breaking above Friday’s high, with the prospect of lower bond issuance this week also supporting upside. The GR/GE 10Y spread is wider by around 68bps and ASE down over 5% indicating the dampened optimism in Greece after being downgraded at S&P to B- from B whilst Moody’s put the country’s Caa1 rating on review for downgrade on Friday. Weakness in equities was further exacerbated after reports that Hannover, Hamburg & Stuttgart airports face delays due to strikes sent DAX heavyweight Deutsche Lufthansa (-2.4%) lower and caused selling in the DAX (-1.52%) after a technical break below 10,700. Furthermore, the DAX was further compounded by JPMorgan downgrading the index.

 

…click on the above link to read the rest of the article…

Ukraine ‘Peace’ Talks In Tatters: Defiant Putin “Won’t Tolerate Unipolar World”; Hollande Proposes “Strong Autonomy” For Rebel Region

Ukraine ‘Peace’ Talks In Tatters: Defiant Putin “Won’t Tolerate Unipolar World”; Hollande Proposes “Strong Autonomy” For Rebel Region

Just as the existing ‘truce’ in Ukraine has been made a total farce as 1000s of military and civilians have been killed, so any ‘hope’ that this weekend’s “peace efforts” will result in anything but more talk is rapidly diminishing… Germany’s Merkel exclaimed honestly that it’s “uncertain whether this will be successful,”seemingly resigned to the fact as she added, “but it’s at least worth making an attempt.” French PresidentHollande admitted that Ukraine’s eastern regions likely need “strong autonomy.” Ukraine’s Poroshenko blustered that he “trusts” Merkel, that the economy is collapsing (more money please), that the country does not need peacekeepers and a lack of arms is fueling conflict (so send us weapons) while pushing for a Russian withdrawal and quick cease-fire.  Finally Vladimir Putin blasted that Russia is unwilling to tolerate a post-Cold War global system dominated by one absolute leader, to which US VP Joe Biden remarked simply “get out of Ukraine.” But apart from that, talks are going great…

Stocks rallied after hours on Friday on a spurious headline that peace talks were progressing…

That appears to be entirely false…

Merkel… not optimistic… (via Bloomberg)

“It’s uncertain whether this will be successful, but in my view and in the view of the French president, it’s at least worth making an attempt,” Merkel says in speech at the Munich Security Conference. “I feel that we at least owe it to those affected in Ukraine.”

“Russia needs to show its contribution” in defusing Ukraine crisis, Merkel says.

“This conflict can’t be solved militarily,” Merkel says

Minsk accord must be fulfilled: Merkel

Hollande… does not see a united Ukraine anytime soon (via France24)

…click on the above link to read the rest of the article…

 

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