MAR 19 SIT EC y POL
ZERO HEDGE
Amid
"US Coup", Venezuela Takes Another $5 Billion Loan From China. Submitted
by Tyler Durden
on 03/19/2015. The people of Venezuela can rejoice... not so fast.
Amid paranoid-sounding (though not unlikely) rantings about US-created coups
(and blaming 'economic' war for his nation's Socialist utopia hyperinflation),
it appears President Maduro just got another life-line (or more rope to hang
himself). After begging China's leader Xi early in January for moar money (and
getting it), China - which is already Venezuela's biggest creditor with over
$50 billion loaned since 2007 - as Reuters
reports, is said to plan on signing another $5bn loan to Venezuela for
"wide-ranging" projects like "mature oil fields."
So, it appears China is enabling Maduro to hollow out his economy even more.
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We
Must Rethink "Everything" If We Are To Survive This Strange New World. Submitted by Tyler
Durden on 03/19/2015. These negative rates that we see in Europe are
a first glimpse of fiat currency destruction due to imploding economies.
And again the negative rates are nominal rates meaning they are negative by way
of something beyond inflation. Specifically they are moving to their
natural minimum state of valuelessness because the economy is no longer strong
enough to provide alternative investments for the fiat currency. Fiat
currency is shown then not to be a storage of value whatsoever. But only
a representation of strength of its respective economy. As the
economy goes to zero so does the value of its currency. This point is
exceedingly imperative to understand in our current global environment.
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Albert
Edwards: "It Is Already Too Late To Avert Another Crisis". Submitted by Tyler
Durden on 03/19/2015. "Some highly respected market commentators, most
recently Ray Dalio from Bridgewater, have raised the possibility that Fed rate
hikes risk a 1937-like slump. It is indeed a dilemma but likely already too
late to avert another crisis.... In that respect it is probably too late
already. We believe that the die is now cast, the cake is baked and coming
out of the oven, and the financially fattened goose is well and truly
cooked!"
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After
Pillaging Pensions, Greece Raids Utilities To Repay Troika; Bonds Plunge As
Bank Run Accelerates. Submitted
by Tyler Durden on 03/19/2015. The new Greek
government, instead of seriously contemplating a Plan B outside of the
Eurozone, was busy thinking of new ways to raid its own population just to
repay the "loathed" Troika. In the latest sad indication of just
how truly insolvent Greece is, Reuters
also reported that days after raiding its own Pension funds to repay the
IMF (which in turn lent the cash to Ukraine so it could repay Ukraine's
obligations to Gazprom and thus Putin), the Syriza government is now raiding
the major state utility firms to lend the government cash through short-term
repo transactions as it scrambles to avoid running out of cash.
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Paul Tudor Jones Warns This "Disastrous Market Mania" Will End "By Revolution, Taxes, Or War". Submitted by Tyler Durden on 03/19/2015. "This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist," warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question - can capital be just? Hoping to expand the "narrow definitions of capitalism," that threaten the underpinnings of society, Tudor Jones exclaims, "we're in the middle of a disastrous market mania," adding "one of worst of my life." Perhaps most ominously, he concludes, historically this ends "by revolution, higher taxes or wars. None are on my bucket list."
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De-Dollarization
Accelerates As More Of Washington's "Allies" Defect To China-Led Bank. Submitted
by Tyler Durden
on 03/19/2015. "Ignoring direct pleas from the Obama administration, Europe’s
biggest economies have declared their desire to become founding members of a
new Chinese-led Asian investment bank that the United States views as a rival
to the World Bank and other institutions set up at the height of American
power after World War II," The Times notes, in yet another
indication of declining US influence.
The foreign ministers of China, Japan and South Korea
will meet in Seoul this weekend for the first time in three years, in an effort
to calm tensions in the region.
The trio have strong economic ties but frosty
relations. International angst about this state of affairs among the regional
superpowers has been further piqued by the Asian Infrastructure Investment
Bank, a Chinese-led initiative sparking alarm in Washington and
proving divisive elsewhere.
Meanwhile, even Europe’s own “magical
fairyland” is taking the plunge. Via Bloomberg:
China welcomes Luxembourg’s
application to be a founding member of the Asian Infrastructure Investment
Bank, China’s finance ministry says in a statement on website.
And so, with the most European of European countries on the
bandwagon, and with South Korea leaning unmistakably towards joining up, we say
again:
Bottom line: this isn’t theory
or conjecture anymore. Every shred of objective evidence suggests that the
dollar’s dominance is coming to an end.
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Rand
Paul "Officially" Running For President In 2016. Submitted by
Tyler
Durden on 03/19/2015. As The Washington
Examiner reports,
Kentucky Senator Rand Paul will
officially seek the White House in 2016, according to a federal election
filing.
The development is not surprising
as Paul has signaled in the coming months that he is pursuing a run. The
senator, who was elected in 2010, has signaled he will officially announce his
candidacy in April.
Paul was elected to the Senate in
2010 and is a favorite amongst the conservative Tea Party. He recently took the
straw poll at the CPAC event last month.
[ If so, the mafia Bush is buried. Then will come the
announcement of the Senator from Vermont, with the support of grassroots org
and hundreds of people’s leaders from most States of the Nation. When this
happens, adios to Clinton’s mafia. The life of the dirty couple (demos &
Reps) will be over. The scenery may be like this: Either they accept the 3rd
choice, the PEOPLE’s FRONT TO REBUILD AMERICA (PFRA) or America will have an illegitimate President
since most people will not go to elections, abstensionism will prevail. Whoever
came to power won’t have the senate either. That will be the rule of chaos,
worse if Clintons come. If senator Sanders lead the PFRA he may call a National
Referendum to re-install an updated FDR Glass-Steagll Act. (the 1st
of 5 points program). This will open the way to either re-call senate elections or to rule by
Executive Order (fast truck) as Reagan
& Bush did it. This path will be the end of the dirty couple; they will be finally
buried. This will also be the end of neoliberal frauds of big corporations
inside and abroad]
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Submitted by Tyler
Durden on 03/19/2015 - 07:42
- Fed May Not Hit Neutral Until 10th Anniversary of Lehman Collapse (BBG)... make that never
- Global stocks and bonds roar Fed approval, dollar fights back (Reuters)
- EU to tell Greece time, patience running out (Reuters)
- U.S. likely to delay planned closure of two Afghanistan bases (Reuters)
- Norway Signals Reduction After Unexpectedly Holding Rate (BBG)
- Oil Falls to $55 as Kuwait Comments Refocus on Oversupply (Reuters)
- Tsipras Heads to Summit as Merkel Tries to Defuse Greek Crisis (BBG)
- Yahoo Pulls the Plug on China Operations (WSJ)
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FUTURE FAST FORWARD FFF
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DEMOCRACY NOW
Obama
Seeks Fast Track for TPP, Trade Deal that Could Thwart "Almost Any
Progressive Policy or Goal"
Guest:
Lori Wallach,
director of Public Citizen’s Global Trade Watch.
Congressional Democrats are openly criticizing the secrecy
surrounding the negotiations over the Trans-Pacific Partnership (TPP), just as
President Obama begins a major push to pass the controversial deal. The United
States is engaged in talks with 11 Latin American and Asian countries for the
sweeping trade pact that would cover 40 percent of the global economy. But its
provisions have mostly been kept secret. After the White House deemed a
briefing on the trade pact "classified," Rep. Rosa DeLauro of Connecticut
called the measures "needlessly secretive," saying: "If the TPP
would be as good for American jobs as they claim, there should be nothing to
hide." This comes as Obama recently called on Congress to pass "fast
track" legislation to streamline the passage of trade deals through
Congress. Meanwhile, the AFL-CIO says it will withhold contributions to
congressional Democrats to pressure them to vote no on fast-track authority.
And some tea party-backed Republicans are saying Obama cannot be trusted with
the same negotiating authority that past presidents have had. This spring, the
White House has invited Japan’s Prime Minister Shinzo Abe to address a joint
session of Congress in which he may promote the TPP. For more, we speak with by
Lori Wallach, director of Public Citizen’s Global Trade Watch, who has been
sounding the alarm about the negotiations. She says Congress could vote on the TPP
proposal in the third week in April.
DN Links
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Blockupy:
Thousands Protest in Frankfurt Calling on Eurozone to Dismantle
"Laboratory for Austerity"
Guest: Tadzio Mueller,
German climate justice activist who took part in the Blockupy protest.
Dozens of people
have been wounded in clashes surrounding Wednesday’s massive protest against
austerity in Frankfurt, Germany. A crowd of around 10,000 people marched
outside the new headquarters of the European Central Bank to oppose economic
policies that force deep cuts to public spending and worsen unemployment.
Around 14 officers and 21 protesters were injured after breakaway marchers
clashed with police. We speak with German climate justice activist Tadzio
Mueller, who took part in the Blockupy protest.
Related
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DN Links
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PRESSTV
EU
agrees to extend Russia sanctions.
Fri Mar 20, 2015 The EU agrees to extend sanctions against Russia until a
ceasefire in eastern Ukraine is fully implemented.
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Greece
to present new economic reforms. Fri Mar 20, 2015 Greece’s hard-left
government agrees to present a new list of reforms aimed at restoring the
bailout it has been offered by lenders.
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‘Syria
fulfills commitments to OPCW’. Fri Mar 20, 2015 Syria says it has
fulfilled its commitments to the Organization for the Prohibition of Chemical
Weapons (OPCW).
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US
Senate panel to vote on Iran bill . Fri Mar 20, 2015 A US Senate panel
will vote on April 14 on a controversial bill requiring Obama to submit any
nuclear deal with Iran for a congressional review.
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Obama:
Iran kept its nuclear commitments. Fri Mar 20, 2015 US President Barack
Obama said that Iran has met its commitments under the interim nuclear deal.
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Venezuelans
launch anti-US petition. Fri Mar 20, 2015 Venezuelans launch a petition
demanding an end to US aggression against Caracas.
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US
black man found hanging from tree . Fri Mar 20, 2015 Police have found
an African American man hanging from a tree after having been missing for two
weeks. [back to
KKK time? ]
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‘US, Israel foment violence in Ukraine’ . Thu Mar 19, 2015 A former US Senate candidate says the US, EU and Israel are fomenting violence in eastern Ukraine, not Russia or alleged ethnic Russian rebels.
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Russia
says worst over for economy. Thu Mar 19, 2015 Russian Finance Minister
Anton Siluanov says the worst is over for the country’s economy following
global oil declines and Western sanctions.
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‘Mass
surveillance’ to go on trial. Thu Mar 19, 2015 An international human
rights group is taking a legal action against the US and UK governments over
their mass surveillance programs.
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Israel bulldozers enter Rafah in
Gaza. Thu
Mar 19, 2015 Israeli bulldozers and military vehicles reportedly carry out an
incursion of Rafah near Gaza’s border with Egypt.
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Iran
on course to regain OPEC position . Thu Mar 19, 2015 Industry observers
say Iran is able to reclaim its position as the second largest oil producer in
OPEC once US-led sanctions are lifted.
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No
draft N-deal in circulation: Iran. Thu Mar 19, 2015 An Iranian
negotiator rejects as “imagination” a report about a draft nuclear deal between
Tehran and Washington.
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US
oil giant demands millions from Russia . Thu Mar 19, 2015 US oil and
gas giant ExxonMobil is demanding millions of euros in back taxes from Russia. [they like piracy on
RU but not tit x tat .. which planet Exx-Mob live in? ]
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EU
must not lift Russia bans: Merkel. Thu Mar 19, 2015 The German
chancellor says it is “incorrect” at the present time to lift the European
Union sanctions against Russia. [this lunatic lady is totally incoherent and out of reality.. She should've listened to DW
columnist Frank Sieren who regret Germany is losing the finance train to the east & permited that the Britts take the lead to join China AIIB
and BRICS development bank .. Merkel is still atached to the Transatlantic Trade and Investment Partnership (TTIP) fostered by US-NATO warriors ... I guess she needs
a psychiatric evaluation.. a good F.. or a good rest .. perhaps all of them in
a row] In Mar-14 Contacto Latino.com published a DW art from Frank Sieren "Beijing's new development bank divides
western nations"
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‘Russia
slaps bans on 200+ foreigners’. Thu Mar 19, 2015 Russia blacklists
about 200 foreigners, mostly Westerners, known for their anti-Moscow positions.
[now I got it:
the Exx-Mob might be in this list]
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British military
assists Ukraine army Thu Mar 19, 2015 Britain has sentmilitary
personnel to Ukraine to help its army fight against pro-Russian militias in the
country’s volatile east. [Britts have money for this but not to give jobs to
prostitutes in London streets..]
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US
seeks to ‘increase costs’ to Russia Thu Mar 19, 2015 The US has called
on its allies to be ready to impose more sanctions on Russia if it does not
stop meddling in Ukraine. [this loser –he lost the dream of replacing Obama- should tell
his story to his Exx-Mob
bosses]
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Sweden
to purchase new submarines. Thu Mar 19, 2015 Sweden is to order two new
submarines amid alleged incursion into the Stockholm archipelago. [get it from RU ..
we have them in our coasts.. they are the best .. quick, undetectable and nuke-friendly
.. They save my life when my boat sunk .. they are humane subs .. Wait a
minute: what the Sweds need them for?]
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‘N-deal
needs agreement on all issues’ Thu Mar 19, 2015 An Iranian nuclear
negotiator says Iran and the P5+1 need to agree “on everything” in order to strike
a final nuclear accord.
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‘No
solution in sight for Palestine’ Thu Mar 19, 2015 Palestine’s Mahmoud
Abbas says no political solution is in sight following Benjamin Netanyahu's
win. [ Don’t
worry, the sychopat is going to have a heart attack soon .. a mosadin friendly
told me ]
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‘US
not credible in intl. community’. Thu Mar 19, 2015 The United States’
policies are no longer credible to the international community, the Venezuelan
ambassador to Tehran says.
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Russia
aid convoy crosses Ukraine border. Thu Mar 19, 2015 A Russian aid
convoy for Ukrainian civilians crosses the Russian border into Ukraine’s east.
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INFORMATION CLEARING HOUSE
The Middle East Oil/Nuclear Puzzle
By Pepe Escobar
Loud applause may be heard in corridors ranging from Tel Aviv to Riyadh.
By Pepe Escobar
Loud applause may be heard in corridors ranging from Tel Aviv to Riyadh.
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US Threatened Germany Over Snowden, Vice
Chancellor Says
By Glenn Greenwald
The U.S. government threatened to cease sharing intelligence with Germany if Berlin offered asylum to NSA whistleblower Edward Snowden.
By Glenn Greenwald
The U.S. government threatened to cease sharing intelligence with Germany if Berlin offered asylum to NSA whistleblower Edward Snowden.
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Netanyahu Unmasks Israel
By Robert Parry
For years, U.S. politicians have rejected allegations of Israeli racism and excused mistreatment of the Palestinians as a temporary necessity that would be fixed by a two-state solution. But Israeli Prime Minister Netanyahu has destroyed those arguments in his panic to keep his job.
By Robert Parry
For years, U.S. politicians have rejected allegations of Israeli racism and excused mistreatment of the Palestinians as a temporary necessity that would be fixed by a two-state solution. But Israeli Prime Minister Netanyahu has destroyed those arguments in his panic to keep his job.
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Netanyahu’s Win Is Good for Palestine
By YOUSEF MUNAYYER
Mr. Netanyahu’s re-election has convincingly proved that trusting Israeli voters with the fate of Palestinian rights is disastrous and immoral.
By YOUSEF MUNAYYER
Mr. Netanyahu’s re-election has convincingly proved that trusting Israeli voters with the fate of Palestinian rights is disastrous and immoral.
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The New American Order
By Tom Engelhardt
A new culture, a new kind of politics, a new kind of governance is being born right before our eyes.
By Tom Engelhardt
A new culture, a new kind of politics, a new kind of governance is being born right before our eyes.
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GLOBAL RESEARCH
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