Archive for January, 2012
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by Leonid Slavin
If the conflict with Iran takes the shape of a protracted bombing campaign and comes as a prologue to the occupation of the country, the US will need to strengthen its positions in adjacent regions, meaning that Washington will be trying to draw the Caucasian republics (Georgia, Azerbaijan) and those of Central Asia into the orbit of its policy and thus tightening the “Anaconda loop” around Russia.
by Konstantin Garibov
China, India and Turkey have warned that they won’t support a ban on Iranian oil imports and will prevent the US from blocking oil supplies from Iran. Japan and South Korea are planning to follow suit. Europe introduced a ban on Iran oil imports this week. The Voice of Russia’s Konstantin Garibov reports.
The new package of sanctions against Tehran which was approved by EU foreign ministers on Monday provides for a gradual ban on the import of Iranian oil and oil products. The EU plans to stop purchasing oil from Iran by July 1st. Until recently, the main buyers of Iranian oil in Europe were Greece, Italy and Spain, and they bought 600,000 barrels a day.
by Bob Chapman
We announced our belief a few weeks ago that the Fed loan to the ECB could with fractional banking be $10 trillion. This past week we found that Credit Suisse shares our ideas as well. We believe that what this move by the Fed and the ECB is telling us that this is probably it. We also ask again how can the banks in the LTRP repay the funds in a timely manner? No plan has been presented before or since, there is no plan. Again, just throw money at the problem. The only player really capable of saving Europe is Germany and they would destroy themselves in the process. Everyone should have seen this coming but no one did except a handful of insiders. The resultant use of funds since the ECB distribution is hardly even mentioned in the media. It is a big dark secret.
by Casey Research
Rumors are swirling that India and Iran are at the negotiating table right now, hammering out a deal to trade oil for gold. Why does that matter, you ask? Only because it strikes at the heart of both the value of the US dollar and today’s high-tension standoff with Iran.
Marin Katusa
Chief Energy Investment Strategist
Casey Research
The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles.
by Sandhya Jain
A conflict with Iran will not be one-sided. For one, Russia under Mr Vladimir Putin, aligned with China and Iran, with silent approval from nations like India and Germany that seek energy security by peaceful means, may resist US-led Western hegemony more forcefully. Both Moscow and Beijing feel remorse at permitting the shoddy politics in the UN and handing over Libya and Muammar Gaddafi to the oil-hungry Nato powers.
Already amidst escalating uncertainties, China, Russia, Iran, India, Brazil, Venezuela and other countries have moved to do bilateral trade in their own currencies and avoid using the dollar as the reserve currency.
by Dan Levy
Jan. 12 (Bloomberg) — Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac Inc. said.
About 1.89 million properties received notices of default, auction or repossession last year, down 34 percent from 2010 and the lowest number since 2007, the Irvine, California-based data seller said today in a statement. One in 69 U.S. households received a filing.
by Katerina Azarova
As sparks fly dangerously close to the powder keg of US-Iranian relations, speculations are rife and rumors spread like wildfire. Will there be a war? Who wants it? And what will happen to this very lucrative region?
Google the words “Iran”, “USA” and “war” and you get over 140 million hits. Many believe the possibility of a military conflict between the two is not even a question of “if”but a question of “when”. And there is definitely enough evidence around to lend support to these beliefs.
by Prof. Igor Panarin
The Iran controversy is heating up. Writer and political analyst Igor Panarin believes the US should heed the reasoning of Russia, China and Turkey and refrain from going to war with Iran.
The government of Iran has already accused Israel of being behind the assassination of Mostafa Ahmadi Roshan, the Iranian nuclear scientist who was killed in Tehran earlier this month. Iran has also announced that Roshan’s death will not hinder its nuclear program.
by Iqbal Ahmed
Monsanto’s operation in India illustrates monopolization and manipulation of the market economy, tradition, technology, and misgovernance. The world’s largest producer of genetically engineered seeds has been selling genetically modified (GM) in India for the last decade to benefit the Indian farmers – or so the company claims.
In a country of more than 550 million farmers who are largely poor and uneducated and the agriculture market rife with inefficient business practices, the Indian government sought to reform the market by eliminating subsidies and loans to the farmers.
by Finian Cunningham
Why should China shoot itself in the foot to accommodate hostile American chauvinists?
Chinese leaders dealt a blow to US plans to strangulate Iranian oil exports just hours before Washington’s Treasury Secretary Timothy Geithner touched down in Beijing.
It could hardly be a more pointed snub to Washington’s designs to press-gang a global lynch mob into laying into the Iranian economy.
Top of the agenda for Geithner’s visit beginning Tuesday is to push China’s leaders into cutting off crude oil imports from Iran – thus hoping to cripple the Iranian economy.







