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Why Russia will NOT fall victim to emerging markets financial crisis (Video)

The Duran – News in Review – Episode 81.

Alex Christoforou

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As the Turkish Lira collapses, sending emerging market economies into turmoil, Russia is being slapped with additional US sanctions dubbed the US Congress ‘bill from hell’.

The full text the newest sanctions bill has been released. The sanctions are deliberately designed to punish Russia’s economy for a Skripal poisoning hoax for which no evidence of Russian state involvement has been presented. The new bill even goes so far as to suggest designating Russia as a state sponsor of terrorism.

The “sanctions bill from hell” officially entitled ‘Defending American Security from Kremlin Aggression Act of 2018’ was introduced by a group of Republican and Democratic senators on the 2nd of August.

According to RT, the bill would place restrictions on US cooperation with Russia’s oil industry, target Russian sovereign debt transactions as well as Russian uranium imports. In addition, the legislation calls for sanctions against “political figures, oligarchs, and other persons that facilitate illicit and corrupt activities, directly or indirectly, on behalf of the President of the Russian Federation, Vladimir Putin.”

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris explain why, unlike the financial meltdown in Turkey, Russia is well equipped and properly prepared to weather the US sanctions storm… and may, in the end, come out of the latest emerging markets turmoil stronger and more independent from western petrodollar control than ever before.

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Via RT

The bill, which was recently published in full on Congress’ official website, also pledges full support for NATO and would require a two-thirds majority vote in the Senate if the United States ever wishes to exit the transatlantic alliance.

The legislation also declares that “the United States will never recognize the illegal annexation of Crimea by the Russian Federation” and that Washington, in conjunction with NATO, should “prioritize efforts to prevent the further consolidation of illegal occupying powers in Crimea.”

The pending ‘Kremlin Aggression Act’ decrees that Congress should also determine whether Russia “meets the criteria for designation as a state sponsor of terrorism.”

The bill also accused Russia of “enabling the brutal regime of Bashar al-Assad in Syria to commit war crimes,” adding that Moscow has shown itself to be “incapable or unwilling” to compel Assad to “stop using chemical weapons against the civilian population in Syria.”

The Act calls for a congressional committee to investigate “alleged war crimes and crimes against humanity attributable to [Russia]” and resolves to “punish the Government of the Russian Federation for, and deter that Government from, any chemical weapons production and use through the imposition of sanctions, diplomatic isolation, and the use of the mechanisms specified in the Chemical Weapons Convention for violations of the Convention.”

The legislation is just the latest addition to a laundry list of sanctions and laws passed in the months following the 2016 presidential election.

Republican hawk Lindsey Graham (South Carolina) and Bob Menendez (D-New Jersey), who both sponsored the bill, said in a joint statement that the legislation is designed to show that the US will “not waver in our rejection of [Russian President Vladimir Putin’s] effort to erode western democracy as a strategic imperative for Russia’s future.” The Russia-obsessed Senator John McCain (R-Arizona) was one of the five co-sponsors of the bill.

Moscow has brushed off the new wave of accusations as a projection of internal US struggle. Some elements in the US government are trying to “keep afloat” the conspiracy that Russia meddled in the US elections, in hopes of derailing constructive relations with Moscow and using the issue “purely for internal American purposes,” Senator Konstantin Kosachev, who chairs the Upper House Committee for International Relations, has said in response to the latest sanctions.

Prime Minister Dmitry Medvedev has warned that the adoption of any US legislation that targets Russian banking operations and currency trade would be considered a declaration of economic war.

“If they introduce something like a ban on banking operations or the use of any currency, we will treat it as a declaration of economic war. And we’ll have to respond to it accordingly – economically, politically, or in any other way, if required,” Medvedev said last week. “Our American friends should make no mistake about it.”

Moscow has vowed to respond to any new sanctions. Russia’s Finance Ministry said it would continue to sell off its holdings of US Treasury securities, while some lawmakers have called for Russia and its allies to stop using the US dollar for mutual payments.

 

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AM Hants
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AM Hants

What have the sanctions managed so far? Besides those isolated from the US, uniting together and rejecting the $US. Then you have the principal fact, the people of Crimea, using Self Determination, voted to go home to Russia. Funnily enough, Turkey, who did not agree, are now working with Russia on a ferry link between Crimea and Constantinople. Self Determination, which is what the United Nations is founded on. The same Self Determination, the US used to gain independence from Great Britain, back on 4 July 1776. So, if Lindsey Graham does not recognise international law or the concept of… Read more »

John Mason
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John Mason

The irony of those sanction that the US wishes to impose on Russia is that what they accuse Russia is actually what the US is guilty of and there is evidence to support that. Maybe Russia should impose sanctions against the US and start by not supplying titanium because of US state sponsorship of terrorism, then follow up with another by not supplying the RD 180/1 rockets because of US illegal use of sanctions.

tom
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tom

“The new bill even goes so far as to suggest designating Russia as a state sponsor of terrorism”.

That’s just downright silly, as there is – to a close approximation – only one state sponsor of terrorism.

The USA.

Everything else fades into insignificance by comparison.

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Macron cuts ski holiday short, vowing crack down on Yellow Vests (Video)

The Duran Quick Take: Episode 109.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the 18th consecutive week of Yellow Vests protests in Paris. Following last weeks lower participation, Saturday’s Yellow Vests in Paris gathered larger crowds, with various outbreaks of violence and rioting that has been blamed on extreme elements, who French authorities claim have infiltrated the movement.

“Act XVIII” of the protests has shown that the Yellow Vests have not given up. France’s Champs-Élysées boulevard was where most of the violence occurred, with the street being left in a pile of broken glass and flames.

One day after Paris was set ablaze, French President Emmanuel Macron cut his ski holiday short, returning to Paris and vowing to take “strong decisions” to prevent more violence.

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Via Zerohedge


Paris awoke on Sunday to smouldering fires, broken windows and looted stores following the 18th consecutive Saturday of Yellow Vest protests.

Around 200 people were arrested according to BFM TV, while about 80 shops near the iconic Champs Elysees had been damaged and/or looted according to AFP, citing Champs Elysees committee president Jean-Noel Reinhardt.

The 373-year-old Saint Sulpice Roman Catholic church was set on fire while people were inside, however nobody was injured. The cause of the fire remains unknown.

The riots were so severe that French President Emmanuel Macron cut short a vacation at the La Mongie ski resort in the Hautes-Pyrénées following a three-day tour of East Africa which took him to Djibouti, Ethiopia and Kenya.

Macron skied on Friday, telling La Depeche du Midi “I’m going to spend two-three days here to relax, to find landscapes and friendly faces,” adding “I’m happy to see the Pyrenees like that, radiant, although I know it was more difficult at Christmas” referring to the lack of snow in December.

In response to Saturday’s violence, Macron said over Twitter that “strong decisions” were coming to prevent more violence.

Macron said some individuals — dubbed “black blocs” by French police forces — were taking advantage of the protests by the Yellow Vest grassroots movement to “damage the Republic, to break, to destroy.” Prime Minister Edouard Philippe said on Twitter that those who excused or encouraged such violence were complicit in it. –Bloomberg

The French President has family ties in the Hautes-Pyrénées, including Bagnères de Bigorre where his grandmother lived. He is a regular visitor to the region.

Emmanuel Macron (2ndL), head of the political movement In Marche! (Onwards!) And candidate for the 2017 presidential election, and his wife Brigitte Trogneux (L) have lunch April 12, 2017 (Reuters)

 

 

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Vesti calls out Pompeo on lying about Russia invading Ukraine [Video]

Secretary Pompeo displayed either stunning ignorance or a mass-attack of propaganda about what must be the most invisible war in history.

Seraphim Hanisch

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After the 2014 Maidan revolution and the subsequent secessions of Lugansk and Donetsk in Ukraine, and after the rejoining of Crimea with its original nation of Russia, the Western media went on a campaign to prove the Russia is (/ was / was about to / had already / might / was thinking about / was planning to … etc.) invade Ukraine. For the next year or so, about every two weeks, internet news sources like Yahoo! News showed viewers pictures of tanks, box trucks and convoys to “prove” that the invasion was underway (or any of the other statuses confirming the possibilities above stated.) This information was doubtless provided to US Secretary of State, Mike Pompeo.

Apparently, Secretary Pompeo believed this ruse, or is being paid to believe this ruse because in a speech recently, he talked about it as fact:

U.S. Secretary of State Mike Pompeo called Russia’s annexation of Crimea and aggression in eastern Ukraine an attempt to gain access to Ukraine’s oil and gas reserves.

He stated this at IHS Markit’s CERAWeek conference in Houston, the USA, Reuters reports.

Pompeo urged the oil industry to work with the Trump administration to promote U.S. foreign policy interests, especially in Asia and in Europe, and to punish what he called “bad actors” on the world stage.

The United States has imposed harsh sanctions in the past several months on two major world oil producers, Venezuela and Iran.

Pompeo said the U.S. oil-and-gas export boom had given the United States the ability to meet energy demand once satisfied by its geopolitical rivals.

“We don’t want our European allies hooked on Russian gas through the Nord Stream 2 project, any more than we ourselves want to be dependent on Venezuelan oil supplies,” Pompeo said, referring to a natural gas pipeline expansion from Russia to Central Europe.

Pompeo called Russia’s invasion of Ukraine an attempt to gain access to the country’s oil and gas reserves.

Although the state-run news agency Vesti News often comes under criticism for rather reckless, or at least, extremely sarcastic propaganda at times, here they rightly nailed Mr. Pompeo’s lies to the wall and billboarded it on their program:

The news anchors even made a wisecrack about one of the political figures, Konstantin Zatulin saying as a joke that Russia plans to invade the United States to get its oil. They further noted that Secretary Pompeo is uneducated about the region and situation, but they offered him the chance to come to Russia and learn the correct information about what is going on.

To wit, Russia has not invaded Ukraine at all. There is no evidence to support such a claim, while there IS evidence to show that the West is actively interfering with Russia through the use of Ukraine as a proxyWhile this runs counter to the American narrative, it is simply the truth. Ukraine appears to be the victim of its own ambitions at this point, for while the US tantalizes the leadership of the country and even interferes with the Orthodox Church in the region, the country lurches towards a presidential election with three very poor candidates, most notably the one who is president there now, Petro Poroshenko.

However, the oil and gas side of the anti-Russian propaganda operation by the US is significant. The US wishes for Europe to buy gas from American suppliers, even though this is woefully inconvenient and expensive when Russia is literally at Europe’s doorstep with easy supplies. However, the Cold War Party in the United States, which still has a significant hold on US policy making categorizes the sale of Russia gas to powers like NATO ally Germany as a “threat” to European security.

It is interesting that Angela Merkel herself does not hold this line of thinking. It is also interesting and worthy of note, that this is not the only NATO member that is dealing more and more with Russia in terms of business. It underscores the loss of purpose that the North Atlantic Treaty Organization suffers now since there is no Soviet Union to fight.

However, the US remains undaunted. If there is no enemy to fight, the Americans feel that they must create one, and Russia has been the main scapegoat for American power ambitions. More than ever now, this tactic appears to be the one in use for determining the US stance towards other powers in the world.

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Ariel Cohen explains Washington’s latest foreign policy strategy [Video]

Excellent interview Ariel Cohen and Vladimir Solovyov reveals the forces at work in and behind American foreign policy.

Seraphim Hanisch

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While the American people and press are pretty much complicit in reassuring the masses that America is the only “right” superpower on earth, and that Russia and China represent “enemy threats” for doing nothing more than existing and being successfully competitive in world markets, Russia Channel One got a stunner of a video interview with Ariel Cohen.

Who is Ariel Cohen? Wikipedia offers this information about him:

Ariel Cohen (born April 3, 1959 in Crimea in YaltaUSSR) is a political scientist focusing on political risk, international security and energy policy, and the rule of law.[1] Cohen currently serves as the Director of The Center for Energy, Natural Resources and Geopolitics (CENRG) at the Institute for Analysis of Global Security (IAGS). CENRG focuses on the nexus between energy, geopolitics and security, and natural resources and growth. He is also a nonresident senior fellow at the Atlantic Council, within the Global Energy Center and the Dinu Patriciu Eurasia Center.[2] Until July 2014, Dr. Cohen was a senior research fellow at the Heritage Foundation in Washington, D.C. He specializes in Russia/Eurasia, Eastern Europe, and the Middle East.

Cohen has testified before committees of the U.S. Congress, including the Senate and House Foreign Relations Committees, the House Armed Services Committee, the House Judiciary Committee and the Helsinki Commission.[4] He also served as a Policy Adviser with the National Institute for Public Policy’s Center for Deterrence Analysis.[5] In addition, Cohen has consulted for USAID, the World Bank and the Pentagon.[6][7]

Cohen is a frequent writer and commentator in the American and international media. He has appeared on CNN, NBC, CBS, FOX, C-SPAN, BBC-TV and Al Jazeera English, as well as Russian and Ukrainian national TV networks. He was a commentator on a Voice of America weekly radio and TV show for eight years. Currently, he is a Contributing Editor to the National Interest and a blogger for Voice of America. He has written guest columns for the New York TimesInternational Herald TribuneChristian Science Monitor, the Washington Post, the Wall Street Journal, the Washington Times, EurasiaNet, Valdai Discussion Club,[8] and National Review Online. In Europe, Cohen’s analyses have appeared in Kommersant, Izvestiya, Hurriyet, the popular Russian website Ezhenedelny Zhurnal, and many others.[9][10]

Mr. Cohen came on Russian TV for a lengthy interview running about 17 minutes. This interview, shown in full below, is extremely instructive in illustrating the nature of the American foreign policy directives such as they are at this time.

We have seen evidence of this in recent statements by Secretary of State Mike Pompeo regarding Russia’s “invasion” of Ukraine, and an honestly unabashed bit of fear mongering about China’s company Huawei and its forthcoming 5G networks, which we will investigate in more detail in another piece. Both bits of rhetoric reflect a re-polished narrative that, paraphrased, says to the other world powers,

Either you do as we tell you, or you are our enemy. You are not even permitted to out-compete with us in business, let alone foreign relations. The world is ours and if you try to step out of place, you will be dealt with as an enemy power.

This is probably justified paranoia, because it is losing its place. Where the United Stated used to stand for opposition against tyranny in the world, it now acts as the tyrant, and even as a bully. Russia and China’s reaction might be seen as ignoring the bully and his bluster and just going about doing their own thing. It isn’t a fight, but it is treating the bully with contempt, as bullies indeed deserve.

Ariel Cohen rightly points out that there is a great deal of political inertia in the matter of allowing Russia and China to just do their own thing. The US appears to be acting paranoid about losing its place. His explanations appear very sound and very reasonable and factual. Far from some of the snark Vesti is often infamous for, this interview is so clear it is tragic that most Americans will never see it.

The tragedy for the US leadership that buys this strategy is that they appear to be blinded so much by their own passion that they cannot break free of it to save themselves.

This is not the first time that such events have happened to an empire. It happened in Rome; it happened for England; and it happened for the shorter-lived empires of Nazi Germany and ISIS. It happens every time that someone in power becomes afraid to lose it, and when the forces that propelled that rise to power no longer are present. The US is a superpower without a reason to be a superpower.

That can be very dangerous.

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