BREAKING: North Korea missile analyst @Shea_Cotton says initial estimates of ICBM test means NK now can reach New York & Washington DC @BBCNewshour — Tim Franks (@BBCTimFranks) November 28, 2017
There was something different about today’s ballistic missile test: according to a preliminary analysis from the Pentagon, the rocket was an Intercontinental Ballistic Missile, which was reported to have flown for 50 minutes, on a very high trajectory reaching 4,500 km above the earth (more than ten times higher than the orbit of Nasa’s International Space Station) before coming down nearly 1,000 km from the launch site off the west coast of Japan. This would make it the most powerful of the three ICBM’s North Korea has tested so far. Furthermore, the mobile night launch appeared aimed at testing new capabilities and demonstrating that Pyongyang would be able to strike back to any attempt at a preventative strike against the regime. ‘The missile was launched from Sain Ni, North Korea, and traveled about 1,000 km before splashing down in the Sea of Japan, within Japan’s economic exclusion zone. We are working with our interagency partners on a more detailed assessment of the launch,’ Pentagon spokesman, Col Robert Manning said.
This post was published at Zero Hedge on Nov 28, 2017.
Former President George W. Bush came out swinging against the current administration on Thursday, and while he did not name President Castro, Dubya blasted that “bigotry seems emboldened” in the U. S., while urging the country to accept “globalization” – the same globalization which both the IMF, the BIS and even the Federal Reserve now agree and warn has led to record wealth inequality in the US – while rejecting “white supremacy.” “Bigotry or white supremacy in any form is blasphemy against the American creed,” Bush said. Former Pres. George W Bush: "Bigotry seems emboldened. Our politics seems more vulnerable to conspiracy theories and outright fabrication." pic.twitter.com/KyQK5vul3j — ABC News Politics (@ABCPolitics) October 19, 2017
This post was published at Zero Hedge on Oct 19, 2017.
In the previous articles, the military and economic means by which the United States initially aimed for global hegemony were addressed, detailing how the US became the (declining) superpower it is today. In both analyses I highlighted how the threat of US military power is no longer credible, and how sanctions and the strong-arming behavior of corporate giants and international bodies (IMF, World Bank, BIS, etc) have ceased their effectiveness. This has made the United States increasingly irrelevant, leaving in the process a vacuum to be filled by emerging powers like China and Russia, which effectively ushers in a new world order based on multipolarity. In this third and final part of the series, I will dive into the specific events that show how the military, economic and diplomatic combination of Iran, Russia and China have forged, by known as well as less-known means, an alternative world order to the unipolar American one. *** Russia, China and Iran have in recent years drawn enormous benefit from the declining military and economic power of the United States, further propelled by a general mistrust of Washington’s diplomatic and political abilities, both with Obama and now with Trump. The two previous articles showed that Moscow, Beijing and Tehran, even as they addressed different situations, shared similar interests and came to coordinate their military, economic and diplomatic strategy.
This post was published at Zero Hedge on Oct 19, 2017.
The ‘Founding Father’ of Ukraine Could only be Senator John McCain As Civil War splits East and West Johnny smiles and takes a breath (A few brain cells short) …nonetheless, His plans unfolding once again. What has been set into motion is still in motion and coming around for a second lap. The consortium of John McCain (the ringleader with the Soros connections), acted with the ‘authority’ of Barack Hussein Obama II and ‘independently,’ aided by Victoria Nuland (commissioned by Hillary Clinton, also acting on behalf of Soros) and Lindsay Graham (a ventriloquist dummy in the hands of McCain). What a team! Arseniy Yatsenuk quacked and chirped under orders, until it was determined that he was too weak. Yatsenuk couldn’t stem the tide of fighting between the self-proclaimed autonomous Eastern districts of Ukraine and the Kiev government. The IMF had offered to pay the Gazprom bill of $9 billion to Russia, and Ukraine was well on its way in 2014 to becoming a part of NATO and another IMF puppet of Europe. The Separatists had other plans, though, and Russia aided them and offered to support them in the manner of South Ossetia in the Georgian War of 2005.
This post was published at shtfplan on September 30th, 2017.
Ens trobarem amb moltes adversitats. L'Estat vol intervenir la nostra autonomia, per no ens aturaran! #HolaRepbica pic.twitter.com/7Wdodq3AA0 — Joaquim Forn (@quimforn) September 23, 2017
Spain found itself on the verge of a full-blown sovereign crisis on Saturday, after the “rebel region” of Catalonia rejected giving more control to the central government in defiance of authorities in Madrid who are trying to suppress an independence referendum on Oct. 1. As tensions rise ahead of the planned Catalan referendum on October 1, and as Madrid’s crackdown on separatist passions took a turn for the bizarre overnight when as we reported Spain’s plan to send boatloads of military police to Catalonia to halt the referendum backfired with dockers in two ports staging a boycott and refused access, on Saturday Spain’s Public Prosecutor’s Office told Catalan Police chief Josep Lluis Trapero that his officers must now obey orders from a senior state-appointed police coordinator, Spanish news agency EFE reported on Saturday. The Catalan Police, however, disagreed and as Bloomberg reports, the SAP union – the largest trade group for the 17,000-member Catalan Police, known as Mossos d’Esquadra – said it would resist hours after prosecutors Saturday ordered that it accept central-government coordination. The rejection echoed comments by Catalan separatist authorities.
This post was published at Zero Hedge on Sep 23, 2017.
21st Century Wire says… Since Bolivian leader Evo Morales came to power in 2006, the country’s overall standard of living has risen. Increases in spending on health, education, and lifting residents out of poverty programs has increased by more than 45%. Much of Bolivia’s success has been credited to its decoupling from the global neoliberal, predatory financial system.
Following his recent speech at the Mercosur Summit in the city of Mendoza, Morales live-tweeted: ‘In view of the global financial crisis of capitalism, we are in a moment of integration for the liberation of the people.’ During the regional forum with many other international leaders present, Morales also spoke of ‘First the Great Homeland,’ and warned that, ‘Our Mercosur cannot repeat the bitter history of the Organization of American States (OAS): for political or ideological reasons expel or exclude some nations.’ Morales is not shy about articulating the nature of the geopolitical threat. He added, ‘Interventions in Libya, Iraq and other countries are conducted to appropriate natural resources. The main purpose in Venezuela is oil.’
The Obama administration played an important role to make sure Greece remains in the eurozone, former Vice President Joe Biden said. As KeepTalkingGreece.com reports, in an interview to newspaper Kathimerini, Biden said that he was personally involved in the issue and described the efforts and difficulties he faced to avoid the financial collapse of Greece. The Obama administration and you personally also played an important role in making sure that Greece remained a part of the eurozone. Could you describe for us these efforts and the difficulties you faced? Was there a close call when you got very concerned about a Grexit and a destabilized Greece? Do you believe that the risk of a Grexit is gone? President Obama and I were engaged with all parties in the Greek financial crisis, because we wanted to prevent Greece from experiencing financial collapse. Grexit would have had very serious long-term consequences for Greece and Europe – and could potentially have triggered a wider crisis of confidence in the global economy. We were concerned that in the high-stakes negotiation between Greece and its creditors, failure to reach a sensible agreement would have made all parties much worse off in the end. But because of each side’s desire to secure the best possible terms, this worst-case scenario was a real possibility. While the ultimate decision was up to the leaders of Greece, the IMF, and the eurozone countries, I think we helped steer the conversation in a more pragmatic direction because of the credibility we had in Athens, Brussels and Berlin.
This post was published at Zero Hedge on Jun 5, 2017.
The following video was published by X22Report on Mar 20, 2017 Comey and Rogers testified that there is not information that was given about the spying. Trey Gowdy got Comey to admit that those who leaked could have been working under Obama and that the FBI was not going after them. 702 allows the government to use backdoors to spy on the people of the US. There is complete chaos in France. Merkel starts to talk with Putin. IMF decides not to loan Ukraine anymore money. US wants Haftar to give back the oil ports. More troops head to the Middle East and Africa. Another Russian diplomat died, this makes 8. Diane Feinstein says Trump will resign.
The following video was published by X22Report on Mar 16, 2017 Judges rule on Trump’s travel ban and they are suspending parts of it. The House and Senate says they have not be supplied with evidence in regards to the wiretaps, Trump says just wait, its going to be big. Poroshenko says the Minsk agreement has been broken. Europe wants to be an independent nuclear deterrent. Russia says there is going to be an attack in Yemen. Russia pushing for Libya, Russia wants the oil and the strategic location. US sending more troops to Syria. Bombs sent to the IMF and shooting occur in France.
As we have mentioned here throughout the beginning of this year, Ukraine has been (and continues to be) a major ‘flash point’ that holds dire consequences for a Europe already in tatters. Ukraine is also a major spot of contention between Russia and the United States. To recap, presently we have a President intent on a new era of relations between Vladimir Putin and his government. The problem lies in what the U. S. has done in the past five year under the Obama-directed State Department (courtesy of Victoria Nuland). That State Department was aided and abetted by none other than Senators John McCain and Lindsey Graham. As mentioned in other articles, the situation in the Eastern Ukrainian provinces is serious. Although the Minsk accords provided for an official ceasefire between the Kiev government under President Petro Poroshenko and the separatist militias in the Donbass region, the former has been clearly guilty of violating it repeatedly. These violations have taken the form of prohibited armored vehicles and artillery barrages in numerous cities. At the very beginning of the U. S.-sponsored coup d’tat that ousted legally-elected President Viktor Yanukovych and sent him fleeing to Russia, the Maidan movement (comprised of Ukrainian ultra-nationalists) began protests and riots that led to fighting. Maidan was (and is) being both encouraged and supported financially by none other than George Soros. The intent for Ukraine with Soros is no different: to crush the opposition of separatists and enable the U. S.-installed government to rail Ukraine into NATO and the IMF.
This post was published at shtfplan on March 1st, 2017.
The deep rift between Greece’s European lenders and the International Monetary Fund leads to nothing else than to a delay in the conclusion of the second review. For one more time, the rift has triggered fears that another Greece debt crisis is looming and that even a default was at risk. While media report that the Greek government is seeking a compromise with both the European lenders and the IMF, some government lawmakers see return to drachma as the only possible scenario. Are the lawmakers expressing their own personal views or is the Greek government testing the waters for return to national currency, the Drachma, and Grexit? Kostas Katsikis, MP of SYRIZA junior coalition partner Independent Greeks (ANEL) told a radio in Thessaloniki on Wednesday, that delay in the conclusion of the second review could coincide with the time Greece would have to meet its financial obligations. He was referring to scenarios that the second review would conclude in July, when Greece will have to make payments to interests and bonds. ‘If a solution is not found by February or March, then a popular verdict is the only way out,’ Katsikis told radio North 98fm bringing back the scenario of elections or even a referendum as formulated last week by a SYRIZA lawmaker.
This post was published at Zero Hedge on Feb 8, 2017.
Popular Narrative India has been the world’s favorite country for the last three years. It is believed to have superseded China as the world’s fastest growing large economy. India is expected to grow at 7.5%. Compare that to the mere 6.3% growth that China has ‘fallen’ to. The IMF, the World Bank, and the international media have celebrated this event. Declining commodity prices and other problems in Russia, Brazil and South Africa have damaged the prospects of the BRICs (ex-India) and other emerging markets. Commodity and currency markets have been very turbulent, and the Arab Spring has not only failed to keep up its pace, it has half-destroyed the Middle East, with fires raging in Syria, Turkey, Libya, etc. Migrant problems in Europe and the uncertain future of the US – as per the current narrative – leave India as the prime candidate to prop up global economic growth. It seems to be deeply emotionally satisfying to finally see the world’s largest democracy supersede the ‘communist dictatorship’ of China. India’s GDP has also just surpassed that of the UK, its former colonial master. The world is looking toward India as a beacon for the future of humanity. Again, that seems to be the narrative.
This post was published at Acting-Man on February 2, 2017.
How do you know with certainty that Davos has not only jumped the shark, but has become a parody of itself? One answer: when you have a handful of semi, and not so semi, billionaires – perplexed by the populist backlash of the past year – sit down and discuss among each other how a “Squeezed and Angry” middle-class should be fixed. As Davos puts it, “once the lynchpin of developed economies, it’s now threatened by job losses and stagnant wages, paving the way for the rise of populism. In emerging markets, middle class growth rates are stalling. Have middle class problems been forgotten?” It asks rhetorically “What can be done?” Apparently the answer is to have three people completely disconnected from the real world, sit down and provide “answers.”: In this session, starting at 0800 GMT, IMF Managing Director Christine Lagarde, Italian Finance Minister Pier Carlo Padoan and Founder, Chairman and Co-CIO of Bridgewater Associates, Ray Dalio, discuss what’s needed to restore growth in the middle class and confidence in the future. And then they wonder why the annual Davos echo chamber boondoggle has become not only a global farce, but a symbol of everything that is wrong with globalization today…
This post was published at Zero Hedge on Jan 18, 2017.
If humans were largely moral and ethical beings, then globalization could be a workable proposition. Unfortunately, the dark behavioral narcissism expressed by compulsive greed and an infinite appetite for power seems to have become the guiding precept of our collective nightmare. If only the desire to dominate others and have a lot more than them were not the prime motivations for the global elite on top of the human food chain, we could all have our respective modest slice of happiness on this planet. The Utopia of globalization through institutions such as the United Nations (UN), World Bank, and International Monetary Fund (IMF) was supposed to eradicate the universal pestilence of war, extreme poverty, hunger and slavery using the might of the above supranational institutions to prevent the rise of so-called rogue nations usually ruled by dictators. World order of chaos with misery for profit
The opportunity of this push for a supranational form of government has to be understood in the psychological context of a world traumatized by World War II. Many public servants, who had fought against the Nazis and their Japanese and Italian allies, had genuinely the best intentions at heart when institutions like the UN were set up. If some of the original ideas were good and moral to some extend, a rot almost immediately contaminated and perverted most of the created institutions and quickly – using the pretext of the Cold War – allowed the birth of a monstrosity such as the North Atlantic Treaty Organization (NATO). The globalists have controlled and ultimately Wall Street has financed, supranational government instances such as the UN, IMF, World Bank and a myriad of non-governmental organization (NGO) little helpers. Not only have these done nothing to curtail the man-made disasters of war, climate change, slavery and poverty, but they have exacerbated them, all for the sake of profit.
Making Flimflam Float RHINEBECK, New York – Poor Mr. Obama. In an apologia in The Economist, the president reveals that he has learned nothing during his time in the White House. More importantly, he has forgotten nothing… At the time this ad appeared it was just a threat… then he actually went ahead and did it, dispensing advice to his successor. In case readers are not familiar with it, the Economist is essentially a socialist rag, advocating government intervention at every turn – it is not very different from the FT in this respect. As a friend of ours recently remarked, the last year in which the magazine was worth reading was 1993, it’s gone downhill ever since. We will concede though that it continues to work very well as a contrary indicator (its title pages have a near perfect record in this respect). Almost anyone who went to college in the 1960s or after is bound to have some dopey ideas. Typically, when you get out into the real world and keep your eyes open, you learn how things really work. But if you spend your whole life in academia or government after you graduate, the learning process comes to a halt. You are dumb forever. Learning happens as thoughts and actions are tested in the real world. You try something. Then you try something else. Some things work. Some don’t.
This post was published at Acting-Man on November 8, 2016.
Oil prices have plummeted by about 65% from their peak in June 2014 (see chart below), and there is now intense debate about why. One thing we know for sure is that the oil market has undergone structural changes, thus making this latest episode different from previous dramatic price fluctuations. The collapse in prices has been driven in part by supply-side factors. These include the United States’ rapid increase in shale-energy production in recent years, and the US government’s decision to end a 40-year crude-oil export ban. Moreover, oil output from war-torn countries such as Libya and Iraq has exceeded expectations, and Iran has returned to world oil markets following its nuclear agreement with the world’s major powers. And Saudi Arabia, the largest member of the Organization of the Petroleum Exporting Countries (OPEC), has increased production to defend its market share. With this glut in oil, many commentators are now asking if OPEC still matters. High demand for oil since 2000 gave OPEC, and Saudi Arabia in particular, significant influence over prices, but it also spurred investments in higher-cost production methods in other locales, such as oil sands mining in Canada and ultra-deepwater oil extraction in Brazil.
This post was published at Zero Hedge on Oct 11, 2016.
Submitted by Raul Ilargi Meijer via The Automatic Earth blog, I read a lot, been doing it for years, about finance and affiliated topics (a wide horizon of them), which means I’ve inevitably seen a wholesale lot of nonsense fly by. But for some reason, and I think I know why, Q3 2016 has been gunning for a top -or bottom- seat in that regard, and Q4 is looking to do it one better/worse. Apart from the fast increasingly brainless political ‘discussions’ that don’t deserve the name, in the US and UK and beyond, there are the transnational organizations, NATO, IMF, EU and all those things, all suffocating in their own hubris, things I’ve dealt with before in for instance Globalization Is Dead, But The Idea Is Not and Why There is Trump. But none of it still seems to have trickled through anywhere that I can see. The end of growth exposes the stupidity and ignorance of all but (and even that’s a maybe) a precious few (of our) ‘leaders’. There is no other way this could have run, because an era of growth simply selects for different people to float to the top of the pond than a period of contraction does. Can we agree on that? ‘Growth leaders’ only have to seduce voters into believing that they can keep growth going, and create more of it (though in reality they have no control over it at all). Anyone can do that. So ‘anyone’ who’s sufficiently hooked on power games will apply.
This post was published at Zero Hedge on Oct 8, 2016.
Two months after consultancy giant McKinsey dramatically flip-flopped on its long held position of praising globalization, cautioning that – as Britain’s vote to exit the European Union exemplified what happens when people feel like the system is letting them down – the system is on the verge of “explosion”, comparing the buildup of resentment over globalization to a dangerous natural gas leak in a row of houses, today it was the IMF’s turn. In a speech titled “Making Globalisation Work For All“, IMF managing director Chrstine Lagarde became the latest in a growing chorus of senior policymakers urging governments to take heed of rising discontent and economic insecurity in the advanced world. Lagarde said that governments in the developed world should focus their attention on boosting support for low income workers and reducing inequality, amid a ‘groundswell of discontent’ against globalisation. Effectively reiterating the McKinsey report, Lagarde said that there is “a growing sense among some citizens that they ‘lack control,’ that the system is somehow against them”, a system which she now slams, even though the IMF been instrumental in helping create and grow precisely this system ever since its inception, saying that ‘growing inequality in wealth, income, and opportunity in many countries has added to a groundswell of discontent, especially in the industrialized world.’
This post was published at Zero Hedge on Sep 13, 2016.
The topics for this podcast are NATO, the next G-20, Syria, Ukraine, the Paralympics, the chaos of the American presidential elections, and some questions about the fundamentals of the New Cold War (NCW). What is the reason for denial of the NCW by Washington? Cohen maintains that the reason is because they would have to explain it. I’ll go one more to that: they would have to deny the danger. And there are new Russian worries on the NATO front. Washington is wooing Finland to join NATO. Failing this there is an in-the-works bilateral agreement with Washington to station troops there that might accomplish the same strategic goal. But Cohen muses that if it does become a member, this shows that this NCW is worse than the last, and TPTB would be hard to deny what is going on. The Finland situation, if it happens, is still a very worrisome escalation for Moscow. But right now ‘the most dangerous event is Syria’. The cooperation that Obama wanted with Russia against ISIS seems to be dead with the American MSM coming out strongly against cooperation with Russia. To underline this change we saw this week the recent near conflict between Syrian Air force jets and American ones during a bombing incident. Cohen correctly focuses on how conflict between Syrian jets and American ones would draw in a Russian defensive response under the agreement with the Assad government. (In my view most pundits failed to catch this as potentially a huge escalation). The hostile sortie against Syrian jets, IMHO, could reveal a policy change for American forces in Syria that it now seems willing to attack Syrian forces. Who is actually in charge in Washington? The question that just does not go away. But as Batchelor states, ‘Ukraine is not on the back burner either’. The most recent opportunity for discussion will be for members of the ‘Normandy Four’ at the G-20 meeting next month. Putin will ‘meet on the sidelines’ with Hollande (Fr) and Merkel (Ger) – significantly without Poroshenko – to discuss options. At least Putin is still talking about the Ukrainian problem in spite of the recent regressive hostile acts by Kiev against Crimea. Europe may be as tired of this as is Putin. Cohen notes in addition that the IMF may have written off Ukraine, and Sec. State, Biden is telling Kiev to ‘cool it’ about attacks against Crimea. All this suggests to Cohen that Washington too is backing away from their Ukraine mess. The obvious question for this commentary now is what options are left to Kiev? It seems clear that Poroshenko will likely pursue the war against the east for as long as he can because his political future depends on it. And he will do it with ever decreasing support from his Washington minders. One might speculate that Washington may now be worried about image problems when inevitably the Kiev government continues to devolve into a more Nazi styled government, and becomes even more nihilistic running this country into an economic (and political) black hole. We should also be on the watch for Western troops to begin to withdraw from Ukraine, as that would reveal that Washington has finally written the country off as well. As always there are more details available to the listener of this podcast, including some interesting and related speculations about how each presidential candidate will perform if elected as president.