JC COLLINS Was Europe Traded for the Middle East? By JC Collins The geopolitical strategy at play in the proxy resource wars between the east and west has shifted once again with the US strikes on Syria. The response by Russia and China over this unilateral move by America will likely be very telling of the larger strategy at play here. So far the response has been muted with only statements of slight disgruntlement, such as Russia stating that the US strikes violate Syria’s sovereignty. The arrival of the Chinese naval ship into an Iranian port a few days ago very well could have been pre-positioning in preparation of the US strikes. This would mean the China knew the strikes were going to happen which in turn means a geopolitical business deal was arranged between them and America. On the Russian front we have Ukraine forces moving artillery back from the front lines and the present truce is holding. ExxonMobile and Rosneftcontinue on their planned artic oil ventures. Also announced over the last 24 hours is the Bank of China Hong Kong Asset Management and Citigroup have created a joint venture to expand high yield bond funds in Europe. And on top of all this we have mass graves being discovered in Ukrainian government held territory, apparently exposing the atrocities of American backed Ukrainian forces. As reported in the post The Devil’s Tears, the US is angling to retain control of both Europe and the Middle East, but will likely sacrifice one for the other if need be before the transition to the multilateral financial system takes place. *CLICK HERE FOR FULL ARTICLE
September 23, 2014 Third Largest Russian Bank Starts Issuing Chinese UnionPay Cards The third largest Russian Bank, Gazprombank signed a deal to issue UnionPay cards through the Chinese payment system. The move is the first initiative to diversify card offerings away from VISA and MasterCard. The bank is the third largest in Russia and has been deemed by Moody’s as systemically important. According to the company’s announcement clients of the bank will be able to open e separate account to link their UnionPay card to their funds, or use an existing account which has already been connected to VISA or MasterCard. This spring as the US/EU sanctions have hit the operations of other major banks Rossiya and SMP bank and the payment systems VISA and MasterCard seized to deal with their clients, the Russian government has voiced its opinion that some alternatives need to be found. From the two options which they had (the other being Japanese JCB), the winner is UnionPay which has been granted a license to operate in Russia last autumn. UnionPay’s operations are run through a local subsidiary of the Bank of China named AKB Bank Kitaya. The first emission will number 100,000 cards building on a partnership which started all the way back in 2009. In April 2014 Gazprombank signed an agreement to extend the company’s cooperation with UnionPay International which includes the new offering. SWIFT Discussions As the rift between the West and Russia was deepening, in July the Russian Central Bank and the government’s financial and economic departments stated that a bill has been drafted to create a Russian analog to the SWIFT international financial message system. The move responded to concerns of the Russian government that the country may be excluded from the SWIFT (Society for Worldwide Interbank Financial Telecommunications) payment system, should tougher sanctions be applied at any point in time in the future. In the beginning of September as the conflict in Eastern Ukraine was escalating further, UK’s Prime Minister, David Cameron, voiced a proposal to block Russian banking access to the SWIFT system. However the response by German Chancellor, Angela Merkel, after the EU summit contemplating new sanctions against Russia, was that there was no discussion of such a move. Nevertheless Russia has taken a move to secure its diversification from the SWIFT payment system, discussing with China to set up a system of interbank transactions which will become an analogue SWIFT. Challenging Macro Environment *CLICK HERE FOR FULL ARTICLE
09/23/2014 Commission Interim Budget: Council of Ministers held an extraordinary meeting Saturday on the budget BAGHDAD - Committee announced that the interim budget, on Tuesday, that the Council of Ministers held an extraordinary meeting on Saturday on the issue of the budget. The Chairman of the Committee MP Magda Tamimi's "obelisk" that "the Council of Ministers held an extraordinary meeting on Saturday on the issue of the budget for fiscal year 2014." She added, "When you send a budget to the parliament we will work to quickly approve and will not take much room from the discussions because it is saturated debate." The Budget Committee elected the interim, in its meeting held on the sixth of this month, MP and member of the Interim Committee Magda al-Tamimi, as its chairman. He was a member of the Committee may Mazen Mezni confirmed, the first on Sunday, the committee gave the government a week to return the budget to parliament and to respond to the letters in order to read the first and second reading and then approval. source
September 23, 2014 "United Nations Sets A New World Path" - Obama to chair the Security Council at the United Nations
Some unprecedented news, folks. Never in the history of the United Nations has a U.S. President taken the chairmanship of the powerful UN Security Council. Perhaps it is because of what could arguably be a Constitutional prohibition against doing so. To wit: Section 9 of the Constitution says: No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State. Nonetheless, the rotating chairmanship of the council goes to the U.S. this month. The normal course of business would have U.S. Ambassador to the UN Susan Rice take the gavel. However, this time will be different. Constitution be damned, Barack Hussein Obama has decided to put HIMSELF in the drivers seat, and will preside over global nuclear non-proliferation and disarmament talks slated to begin September 24th. The Financial Times says: Barack Obama will cement the new co-operative relationship between the US and the United Nations this month when he becomes the first American president to chair its 15-member Security Council. The topic for the summit-level session of the council on September 24 is nuclear non-proliferation and nuclear disarmament - one of several global challenges that the US now wants to see addressed at a multinational level.
____ 2nd time Obama has chaired ..
Here is what the UN Security Council does. Picture Obama as the Chair of this committee with this power.
Under the UN Charter, the functions and powers of the Security Council are:
* to maintain international peace and security in accordance with the principles and purposes of the United Nations
* to investigate any dispute or situation which might lead to international friction
* to recommend methods of adjusting such disputes or the terms of settlement
* to formulate plans for the establishment of a system to regulate armaments
* to determine the existence of a threat to the peace or act of aggression and to recommend what action should be taken
* to call on Members to apply economic sanctions and other measures not involving the use of force to prevent or stop aggression
* to take military action against an aggressor
* to recommend the admission of new Members
* to exercise the trusteeship functions of the United Nations in "strategic areas"
* to recommend to the General Assembly the appointment of the Secretary-General and, together with the Assembly, to elect the Judges of the International Court of Justice.
No American president has ever attempted to acquire the image of King of the Universe by officiating at a meeting of the UN's highest body. Obama apparently believes that being flanked by council-member heads of state like Col. Moammar Qaddafi - who is expected to be seated five seats to Obama's right - will cast a sufficiently blinding spell on Americans.
He undoubtedly hopes that the horrid state of the nation's economy, turmoil over health care, and a summer of racial scapegoating will pale by comparison. This role as UN Security Council chair will allow him to make decisions, influence legislation and resolutions, and set the agenda.
Right Soup will be closely following this very unsettling turn of events. Like I always say, pay attention to what Obama DOES source
AUGUST 18, 2014 EXCLUSIVE: Obama Will Personally Chair U.N. Security Council Meeting President Barack Obama will preside over a meeting of the United Nations Security Council during his attendance of the U.N.’s annual General Assembly, ThinkProgress has learned, marking the second time in history that a U.S. president has done so. The last time the U.S. was president of the Council during the weeklong opening of the U.N. General Assembly (UNGA) was 2009, the year that President Obama assumed office. Then the meeting was convened to discuss the spread of nuclear weapons and material, and Obama’s presence ensured it was a widely attended event that lead to the unanimous passage of a resolution meant to strengthen safeguards against nuclear proliferation. According to a draft schedule for this year’s UNGA week, seen by ThinkProgress, the current plan is to have President Obama take advantage of the Council’s presidency once again, this time to discuss counterterrorism.
September 23, 2014 Obama on ISIS Airstrikes: 'This Is Not America's Fight Alone' President Barack Obama, speaking publicly for the first time after airstrikes against ISIS in Syria, declared Tuesday that the partnership of Arab allies “makes it clear to the world that this is not America’s fight alone.”
September 23, 2014 Putin warns Ukraine against implementing EU deal -letter BRUSSELS - Moscow will curtail Ukraine's access to vital Russian markets if Kiev implements any part of a trade agreement with the European Union, President Vladimir Putin warned in a letter, toughening his stance on a deal at the center of East-West tensions. In a letter to Ukrainian President Petro Poroshenko, seen by Reuters on Tuesday, Putin warned that even changing national legislation to prepare for the EU-Ukraine trade deal, known as the association agreement, would trigger an immediate response from Moscow. CLICK HERE FOR FULL ARTICLE
Tamimi: the budget on the table in Parliament within two days
Confirmed the parliamentary Finance Committee Chairman temporary, Magda al-Tamimi, "The 2014 budget will come to Parliament within the next two days.
She said Tamimi .. he was "make contact with the Minister of Finance Agency, Mohammed Xiaa Sudanese, and stressed that the budget will come to parliament this weekend," adding that "the Minister of Finance and the agency had asked the Parliamentary Finance Committee some clarification on the budget booster official books. "
It showed that "the reason for the delay sent to parliament came against the backdrop of the reluctance in some quarters to deliver its financial statements as mayor of Babylon and the Ministry of Higher Education." Tamimi concluded by saying that "the new edition of the budget undergone some changes before being presented to Parliament to increase allocations related to the security, file displaced people, and to stop the exchange for new projects," concluded Admiral
Tuesday 23 September 2014 US military: US air attacks in Syria Arabic is just the beginning Baghdad - The US military announced, Tuesday, that the air strikes launched by the United States and Arab countries against targets in Syria during the night is "just the beginning" of the coalition efforts to weaken the organized the "Islamic State" and other militants. Spokesperson for the Department of Defense (Pentagon) Admiral John Kirby told reporters, according to Reuters, "I can tell you that the strikes last night are just the beginning," he said, adding that "strikes" was very successful and will be continued. Another military spokesman said that Arab countries, including Saudi Arabia, Jordan and Bahrain and the U.A.E. has participated in the second and third waves of attacks. Lieutenant General William mevel said "the air force Arabic activities ranging from the combat air patrol and strike objectives." US President Barack Obama said earlier on Tuesday (September 23, 2014), that the war on terrorism is not a war the United States but all States rejecting his battle in the Middle East, and said it will continue for a long time, he emphasized the need for drying up "terrorism" in the world. A US official revealed on Tuesday that dozens of organizing "daash", fell dead and wounded in US air raid on the militant stronghold in raqqa, the Syrian border region between it and Iraq, the Syrian Observatory for human rights that the RAID targeted checkpoints of the elements of the organization. source
Snip .. The ISIS located in Washington seems to be highly concentrated on carrying out training missions in Northern Iraq. They also seem to be operating at some of the highest levels of government and defense. Just something to think about. *CLICK HERE TO READ
September 23, 2014 Experts warn of Kurdistan oil contracts in accordance with the style of participation of foreign companies Baghdad - Experts have warned the oil sector in the Kurdistan Region of disadvantages contracted to participate in accordance with the method of production, giving a stake in the oil fields to foreign companies, stressing the need to adopt the same approach as usual contracts in producing countries and oil exporters. The oil expert Abbas Mohammed Alchukrgi for "Ply News", that "Iraq is one of the promising areas too in finding oil, and that the statistics indicate that the wells, and one out of every 10 wells drilled, not found where the oil, compared to areas of the Gulf that are not found In 4 out of ten, and what has been discovered so far from the oil in Kurdistan arrived texture to about 45 billion barrels, but this will be up to the reserve 10-12 billion barrels, while the Kirkuk field in which the reserve amounts to 9 billion barrels. " He added Alchukrgi that "most of the fields newly discovered are structures were known and are located in areas not within the province, such as field Sheikhan and Sheikh normal, as located in the disputed areas, either the Taq Taq field, which is oil Ajwad in the world it has been uncovered since the seventies, but he gave PSAs by the province. " He Alchukrgi that "Article 110 of the Constitution provides for the formulation of economic policies in accordance with the Trade sovereign, and if we take into consideration that the highest percentage of trade that were not only for Iraq is in the marketing of oil and therefore the export of oil falls under the Commerce sovereign, one of the exclusive powers of the center, But what applies to the territory applies to all other provinces. " He explained that "Article 111 of the Constitution ruled that the oil and gas belongs to the Iraqi people, according to this article, all the oil wells are the property of all Iraqis can not give the state's share of the foreigners, so the PSAs signed by the provincial government with foreign oil companies is unconstitutional." For his part, saw a specialist in legal affairs Majdi Abu loaf, for "Ply News", that "with respect to oil and gas law, which was introduced in February 2007, it raises concerns because it has not been developed on the basis of national interest, as it did not clearly define a central decision-oil and non- legitimacy of decades of participation. " And between Abu loaf that "sharing contracts of oil, which began in the sixties, followed by the PSAs in the seventies, a step ahead of the concession contracts, but still give a stake in the oil fields to foreign companies," he said, adding that "this style came to an end after the great development who witnessed the Petroleum Exporting Countries, which have become able to carry out exploration and discovery inspiring self, and if there was a need for a foreign company are contracted contracts normal and not a partnership contracts as being in the province of Kurdistan, which occurred 42 partnership contract without reference to the center. " Article (111) of the Constitution provides that the (oil and gas is the property of all the Iraqi people in all regions and provinces) while Article (112), First: The federal government will administer oil and gas extracted from current fields with the governments of producing regions and provinces, that distributed and imports fairly commensurate with the population distribution in all parts of the country, with the quota for a specific period for the damaged regions that were deprived in an unfair way by the former regime, which are damaged after that, to ensure balanced development in different parts of the country, and is regulated by law, secondly: The federal government and the governments of producing regions and provinces together will draw up the necessary strategic policies to develop oil and gas wealth in order to achieve the highest benefit to the Iraqi people, supported the latest techniques of market principles and encouraging investment. source