Ukraine

Are U.S.–Russia Tensions Heating Up? Reuters Reports Russia May Bar Firms from Using Foreign Banks

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Screen Shot 2014-06-24 at 3.54.44 PMDespite the ongoing proxy war between the U.S. and Russia in the Ukraine, as well as financial tensions that have been simmering between the two nations for quite some time, I was still surprised to see the following headline from Reuters: Russia Mulls Barring Firms from Using Foreign-owned Banks.

If this actually happens, it would be a very big deal, and certainly an escalation in the friction between these two geopolitically crucial nations. We learn from Reuters that:

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Are Tensions About to Flare Up Between the U.S., Iran and Russia Over Oil Barter Deal?

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While people remain focused on Russia’s annexation of Crimea and fears that Putin may make aggressive moves in eastern Ukraine, it may be a barter deal between Russia and Iran for oil that takes tensions between the U.S. and Russia to a whole other level.

For example The Washington Post reports that:

As Russia seems poised to extend its land grab into eastern Ukraine, Vladimir Putin is also edging toward a deal with Iran that would make a mockery of the P5+1 interim agreement with Iran. News reports confirm that ”Russia could exchange non-monetary goods for up to 500,000 barrels of Iranian petroleum each day under the possible arrangement, which may ultimately pave the way for as much as $20 billion in trade, insiders told [Reuters] for a Wednesday report.” Mark Dubowitz of the Foundation for the Defense of Democracies, a sanctions guru, is quoted as saying, “If Washington can’t stop this deal, it could serve as a signal to other countries that the United States won’t risk major diplomatic disputes at the expense of the sanctions regime.” Even the State Department acknowledges that the deal would violate the interim deal.

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A Vital Message from Venezuela – “They Talk Like Marx, Rule Like Stalin…”

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The following quote written on a piece of cardboard from the ongoing protests in Venezuela basically summarizes how the oligarchs, or the 0.01%, and their political henchmen rule in all countries around the world at the moment. Then they cry like little welfare babies when people criticize their behavior. Powerful stuff: They speak like Marx … Read more