‘We are preparing for war’ Russia issues SHOCK warning over US withdrawal from INF Treaty

Andrei Belousov

Andrei Belousov said Russia is ‘preparing for war’ in response to the US (Image: GETTY)

 

A LEADING Russian official has warned that Russia is preparing for war in the wake of the US’s unilateral withdrawal from the Intermediate-Range Nuclear Forces Treaty (INF), in a sign of growing tensions between the two foes.

Andrei Belousov, deputy head of the Department of Nonproliferation and Arms Control at the Russian Foreign Minister, raised concerns over potential future conflict between the US and Russia, stating that Moscow will defend its territorial integrity and principles in response to US aggression.

Mr Belousov made his remarks after the First Committee of the UN General Assembly voted against a draft resolution to the INF proposed by Russia in support of the treaty. Continue reading

China sought urgent advice from Fed to deal with 2015 market plunge

Confronted with a plunge in its stock markets last year, China’s central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its playbook for dealing with Wall Street’s “Black Monday” crash of 1987.

The request came in a July 27 email from a People’s Bank of China official with a subject line: “Your urgent assistance is greatly appreciated!” Continue reading

US Declassifies Document Revealing Israel’s Nuclear Program

The mask of absolute disdain and hatred for Israel is coming off.

 

In a development that has largely been missed by mainstream media, the Pentagon early last month quietly declassified a Department of Defense top-secret document detailing Israel’s nuclear program, a highly covert topic that Israel has never formally announced to avoid a regional nuclear arms race, and which the US until now has respected by remaining silent.

But by publishing the declassified document from 1987, the US reportedly breached the silent agreement to keep quiet on Israel’s nuclear powers for the first time ever, detailing the nuclear program in great depth. Continue reading

Treaty Cheating — Russia said to be violating 1987 missile accord

Disguising stronger ICBMs as weaker ICBMs with less capability is the case here — and America is falling for it. While the U.S. continues to “reset”, the neo-Soviet Union continues to restart.

Treaties are like pie crusts, they are made to be broken” – Vladimir Lenin

Russia is engaged in a major violation of the terms of the 1987 Intermediate-range Nuclear Forces (INF) Treaty with the United States by building a new medium-range missile banned under the accord, according to U.S. intelligence officials.

Disclosure of the treaty violation comes as President Barack Obama last week called for a new round of arms negotiations with Moscow aimed at cutting deployed nuclear warheads by one-third.

Intelligence officials said internal assessments identified Russia’s new Yars M missile that was tested earlier this month as an INF missile with a range of less than 5,500 kilometers.

“The intelligence community believes it’s an intermediate-range missile that [the Russians] have classified as an ICBM because it would violate the INF treaty” if its true characteristics were known, said one official. Continue reading

Marc Faber: 100% Chance of Global Recession

Faber’s bearish market calls have been followed closely since 1987 when he warned his clients to cash out before Black Monday.

And in a live interview on CNBC’s Fast Money Halftime Report, Faber again warned that economies of the world may be on the brink of a serious slowdown.

Faber indicated that while investors remain focused on Greece and Europe – other issues, bigger issues are looming. And they’re more threatening.

“As an observer of markets – whenever everyone focuses on one thing – like Greece and Europe – maybe they miss issues that are far more important – such as a meaningful slowdown in India and China.”

“I think we could have a global recession either in Q4 or early 2013.” When asked what were the odds, Faber replied, “100%.”However, in the near term Faber also sees potential for a market rally.

Faber said the bullish catalyst would be Greece exiting the EU.

It’s worth noting that Faber is talking hypothetically; he does not think Greece exits the EU in the near future.

“What I think will happen is that Germany will show more flexibility and issue more euro bonds.”

Full article: Marc Faber: 100% Chance of Global Recession (CNBC)