Geopolitical moves
We are keeping an eye on the European financial crisis. As Obama’s sanctions against Russia have stimulated a response in kind by Putin, Europe’s economy has moved toward recession. The European Central Bank response is quantitative easing. Meanwhile, stock markets have been declining, with $3 trillion in losses.
Putin’s main card is natural gas supplies to Ukraine and Europe. Recent negotiations have opened resumption of natural gas shipments to Ukraine upon repayment of the first tranche of the outstanding debt.
Meanwhile, oil prices have fallen from over $100 per barrel to $$80 per barrel as the Saudis continue to pump. Most likely this is a financial attack on Russia coordinated by the Saudis and the U.S.
The EU presented England with an annual surcharge of nearly $2 billion, leading to speculation that England may be pressured to withdraw from the European Union.
Immigration debates are coming to the fore. Jihadis returning from Iraq and Syria are being recognized as a security threat. Newly formed right-wing groups are getting more vocal in their opposition to immigration.
The EU – U.S. free trade agreement, called TAFTA, will further undermine local laws in Europe in favor of global corporate interests. More on secret global trade deals.
However, the rest of the world is organizing against the New World Order takeover, and they have an official organization and name — Group of 77 and China.
Putin’s speech at the Valdai Club.
Dmitry Orlav criticizes U.S. foreign policy.
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