Contributed by Casey Research: The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he's ready to extend that influence to counter the West. His tools: Russia's abundant resources of energy, including uranium.
Entries in Russia & Ex-Soviets (12)
Contributed by Valentin Mândrăşescu, Editor of Reality Check @ The Voice of Russia: The status of the US dollar as the world reserve currency gives the US tremendous advantages. Among them: it allows the Fed to export inflation, while the Federal Government can run a huge deficit with impunity. But now an angry Russia has had enough!
Contributed by Valentin Mândrăşescu, Editor of Reality Check @ The Voice of Russia. The mainstream media usually presents a very unbalanced view on the events in which Russian interests are involved. The “Cypriot bailout” is no exception. These messages are wrong, and they miss the most interesting part of the story. I can tell that in Moscow there are many people who are jubilating right now. Their wildest dreams have come true.
Russia’s booming underground economy with its dizzying flows of illicit oil money is at the core of an 84-page report by Global Financial Integrity. It advises the Russian government on how to tackle this problem. But buried deep inside is a gem: the flows and amounts of Russian “black money” into and out of Cyprus.
Much digital ink has been spilled about the US oil & gas boom, and whether or not it will lead to energy independence, or even turn the US into an oil exporter. Now a “confidential” report by the German version of the CIA, the Bundesnachrichtendienst, seeped to the surface. It sketched out the boom’s geopolitical consequences. Biggest loser? China.
Contributed by Jen Alic of Oilprice.com. Russia’s Transneft has opened its second and final branch of the $25 billion, 4,700km East Siberia-Pacific Ocean (ESPO) pipeline to double its capacity to 30 million tons for total exports of 36 million tons in 2013. And it gives Russia more leverage over Europe.
Contributed by Jen Alic, OilPrice.com. The folks at Gazprom are having a good snicker, reveling in the mockery that has been made of a Ukraine-Spain gas deal that would have loosened Russia’s gas grip on Kiev. Everyone wondered how Russia would respond to Ukraine’s attempt at gas independence. This is what happens when you mess with Gazprom.
Last week, the German Parliament passed a resolution that asked Chancellor Merkel to needle Russian President Putin about the resurgence of repressive, antidemocratic tendencies in Russia. It did not go unnoticed at the Kremlin. And it paved the way, so to speak, for her trip to Moscow on Friday—to re-cement their “strategic partnership.”
Timing couldn’t have been worse. Or more opportune. A “secret” report by the German version of the CIA, the Bundesnachrichtendienst, bubbled to the surface, asserting that the bailout of Cyprus would use money from taxpayers in other countries to bail out mostly rich Russians who have over the years deposited their “black money” in Cypriot banks that are now collapsing.
Contributed by Marin Katusa, Casey Research. Exxon Mobil is no longer the world's number-one oil producer. As of yesterday, that title belongs to Putin Oil Corp, oops, I mean, Rosneft, Russia's state-controlled oil company. It is buying TNK-BP, one of the top-ten privately owned oil producers co-owned by BP and some Russian billionaires. And who is in charge of Rosneft? Vladimir Putin, Russia's resource-full president.
The Republic of Cyprus, with its 840,000 people, has been in the Eurozone for less than five years. It and its banks burned through mountains of euros faster than anyone could count. Now they need a bailout whose magnitude balloons every time someone blinks. Yet, Cyprus has something other Eurozone debt-sinners don’t have: Russian money flowing back to Russia!
Why would France suddenly prohibit shale gas exploration? Sure, there are environmental issues: flammable drinking water, earth quakes, cows that die, radioactive sludge in sewage treatment plants.... But French governments have had, let’s say, an uneasy relationship with environmentalists. Its spy service DGSE, for example, sank Greenpeace’s flagship, the Rainbow Warrior, in the port of Auckland, New Zealand, killing one person. No, there must have been another reason.