Why would Turkey first order a Russian defense system and then turn around and make a cooperation agreement with Europe for the same purpose?
This goes back to America’s apprehension that if Turkey uses the S-400s along with the U.S. F-35s, Russia could gain access to information about the aircraft’s sensitive technology.
If Turkey is playing a double game with NATO, let us hope that the United States does not fall prey to it.
In January, 2018 Turkey reportedly awarded an 18-month contract for a study on the development and production of a long-range air- and missile-defense system to France and Italy, showing — ostensibly — Turkey’s ongoing commitment to NATO. The study, contracted between the EUROSAM consortium and Turkey’s Aselsan and Roketsan companies, was agreed upon in Paris, on the sidelines of a meeting between French President Emmanuel Macron and Turkish President Recep Tayyip Erdogan. Continue reading →
PARIS/BERLIN (Own report) – Germany is participating in a new European military formation that was launched yesterday. Originally a French proposal, the European Intervention Initiative (EII) will be open to EU and Non-EU member countries to join. Expanding the existing EU military cooperation (“PESCO”) with a new operational component, the EII should facilitate rapid decisions on joint military interventions. A first meeting of military commanders from the hitherto nine participant states is set for September. The EII includes Great Britain, which plans to continue its military cooperation with the continent, even after Brexit, as well as Denmark. Since the coordination of military interventions is now officially set outside of the EU framework, Denmark can sidestep the opt-out from EU military policy, it had once granted its population. Referred to by experts as a European “coalition of the willing,” it goes hand in hand with the EU Commission’s militarization plans worth billions and the high-cost German-French arms projects.
The predictions have come true about the emergence of a new defense group that will change the European security environment. On June 25, the defense chiefs from nine EU countries signed off on the creation of a new force called the European Intervention Initiative (EII), which is spearheaded by French President Emmanuel Macron. The new organization will have a common budget and a doctrine establishing its guidelines for acting and joint planning for contingencies in which NATO may not get involved. The group includes the UK, Germany, Denmark, the Netherlands, Belgium, Estonia, Spain, and Portugal. Italy may join soon. The initiative is not tied to the EU’s Common European Defense, which includes the PESCO agreement as well as NATO. Great Britain has always opposed the idea of creating a European defense alliance, fearing it would undermine transatlantic unity. Now it has done an about-face, as the rifts within the US grow deeper. Continue reading →
Organizations and individuals entrenched in the Obama administration’s pro-Iran echo chamber are engaging in a new plot to defame top White House national security officials, a campaign that mirrors a successful effort by these same groups to oust former Trump administration National Security Adviser Michael Flynn, according to sources familiar with the new effort.
After targeting Flynn, Secretary of State Mike Pompeo, and former senior Trump adviser Sebastian Gorka, organizations closely tied to the Obama administration are setting their sites on National Security Adviser John Bolton and his newly formed team. Continue reading →
LONDON/BERLIN (Own report) – The German government still has no evidence to substantiate serious allegations it used to justify its participation in the mass expulsion of Russian diplomats from several western countries. In its response to a parliamentary interpellation, the government admits it has no findings of its own on the Salisbury nerve gas attack other than the alleged evidence presented by the British government. At the same time, the “arguments” that have been presented so far to suggest Russian guilt are loosing their credibility. The Organization for the Prohibition of Chemical Weapons (OPCW), for example, had to contradict the claim of its director general that up to a half-cup of novichok was used in Salisbury. The assumption that only Russia could have produced the neurotoxin has been refuted, since it became known that Germany had also been in possession of the agent. These unproven allegations show, more than anything else, an unrestrained willingness to escalate the power struggle with Moscow. Continue reading →
For years there has been a struggle in the Eurozone between those that want to transform it into a transfer union and those that who want a Europe of independent and cooperating countries. The latter including Austria, Finland, the Netherlands and Germany want strict limits for deficits and debt brakes as envisioned in the Fiscal Stability Treaty. Some, such as the European Constitutional Group, even demand a mechanism for an orderly break-up of the Eurozone. The former including Mediterranean member states led by France, do not openly call their objective a fiscal union or the creation of a “European Super State” but prefer to talk about a “deepening of the European project.” The reason for this division is straightforward: The central and northern European countries would be the contributors to a transfer union while the club Med would be on the receiving side. Continue reading →
The Turkish government has made the decision to repatriate all of its gold reserves that are currently housed in the US Federal Reserve System (FRS). Overall Turkey was storing 220 tonnes, valued at $25.3 billion, in the US, which it repossessed on April 19, 2018.
Turkey’s President Recep Tayyip Erdogan has toughened his stance against the US dollar (USD), declaring that international loans should be made in gold instead of the American currency. Ankara is seeking to reduce dependence on the US financial system. The gold’s homecoming was partly prompted by the US threats to impose sanctions if Turkey goes through with the signed deal to purchase Russian S-400 missile defense systems. Continue reading →
Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves
– Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t
– Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets
– Turkey has removed all gold held in the U.S. opting for Bank of England and BIS
– Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States
– Central bank decisions regarding gold reserves are examples of countries becoming nervous about the outlook for the dollar under the Trump administration
Russia bought another 300,000 troy ounces of gold in March bringing Russia’s total gold reserves to 1,861 tonnes or 60.8 million troy ounces as of the start of April, the central bank announced loudly at the weekend.
The continuing robust and steady accumulation of gold reserves continues and it was notable how Russian media channels loudly (more loudly than usual it seemed with many outlets covering) pronounced the continuing diversification into gold bullion by the Russian central bank. It suggests that gold is being used as a bulwark to protect Russia from the stealth financial, trade and currency wars which appear to be deepening. Continue reading →
After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning Turkey also announced that it has decided to repatriate all its gold stored in the US Federal Reserve and deliver it to the Istanbul Stock Exchange, according to reports in Turkey’s Yeni Safak. It won’t be the first time Turkey has asked the NY Fed to ship the country’s gold back: in recent years, Turkey repatriated 220 tons of gold from abroad, of which 28.7 tons was brought back from the US last year.
According to the latest IMF data, Turkey’s gold reserves are estimated at 591 tons, worth just over $23 billion. This makes Ankara the 11th largest gold holder, behind the Netherlands and ahead of India. Continue reading →
What happened right after the second direct US-missiles invasion of Syria, which had occurred on the night of April 13th, could turn out to have momentous implications — far bigger than the attacks themselves.
The Organisation for the Prohibition of Chemical Weapons headlined on April 14th, in the wake of this US-UK-France invasion of Syria that was allegedly punishing Syria’s Government for allegedly having used chemical weapons in its bombing in the town of Douma on April 7th, “OPCW Fact-Finding Mission Continues Deployment to Syria”, and reported that:
The Fact-Finding Mission (FFM) team of the Organisation for the Prohibition of Chemical Weapons (OPCW) will continue its deployment to the Syrian Arab Republic to establish facts around the allegations of chemical weapons use in Douma.
The OPCW has been working in close collaboration with the United Nations Department of Safety and Security to assess the situation and ensure the safety of the team. Continue reading →
There’s no greater villain in the world today than Vladimir Putin. He stands accused in the media and global public opinion of rigging his recent reelection, imprisoning his political enemies, murdering Russian spies turned double-agent, meddling in Western elections, seizing Crimea, destabilizing Ukraine, supporting a murderous dictator in Syria and exporting arms to terrorist nations like Iran.
The list of bad acts laid at Putin’s feet is much longer than the one just recited, but you get the idea. He’s no Mr. Nice Guy. Continue reading →
As mentioned several times in the past, Germany is running the European Union and Europe once again. This time around the conquest is via subjugation of national sovereignty and economic warfare. They have their key politicians in key positions across the European board. The European Commission, European Central Bank and International Monetary fund (the Troika) are all but one example. Regardless of how everything on the EU landscape currently looks, further federalization/integration is the only solution they keep proposing to their problems, and this is ultimately leading to a United States of Europe with its own European Army, which is already beginning to supplant NATO. The Fourth Reich has landed and if you’re looking for Nazis, you’re 70 years too late.
BERLIN/BRUSSELS (Own report) – The EU finance ministers’ decision to appoint the Spaniard Luis de Guindos to be vice president of the European Central Bank (ECB), will boost the chances of German Bundesbank President Jens Weidmann to become its next president. Berlin has welcomed the decision for Spain’s current Minister of the Economy Guindos, considered to be one of the fathers of the Spanish real estate bubble. Subsequent to his designation as vice-president, a northern European is expected to be given the post of ECB president, due to the EU’s proportional regional representation. According to observers, a conceivable deal may be reached with Germany’s Weidmann at the helm of the ECB and the post of EU Commission President going to France. The current German Bundesbank president is unpopular in Southern Europe because he has been systematically trying to prevent current ECB President Mario Draghi’s bond buying programs, considered to be vital for the crisis stricken countries. With Weidmann as ECB president, Germany would further tighten its grip on the euro zone’s financial institutions.
Hungary’s Prime Minister Viktor Orbán recently said: “Our view is that we must solve our demographic problems by relying on our own resources and mobilising our own reserves, and… by renewing ourselves spiritually”. (Image source: David Plas/Wikimedia Commons)
The Archbishop of Strasbourg Luc Ravel, nominated by Pope Francis in February, just declared that “Muslim believers know very well that their fertility is such today, that they call it… the Great Replacement. They tell you in a very calm, very positive way: One day all this, all this will be ours…”.
Hungarian Prime Minister Viktor Orbán just warned against a “Muslimized Europe”. According to him, “the question of the upcoming decades is whether Europe will continue to belong to Europeans”.
“In the coming 30 years, the number of Africans will grow by more than one billion people. That is twice the population of the entire European Union… The demographic pressure will be enormous. Last year, more than 180,000 people crossed in shabby boats from Libya. And this is just the beginning. According to EU Commissioner Avramopoulos, at this very moment, 3 million migrants are waiting to enter Europe”. — Geert Wilders, MP, The Netherlands, and leader of the Party for Freedom and Democracy (PVV).
This week, yet another Islamic terrorist attack targeted the Spanish city of Barcelona. As it was for many years under Muslim rule, it is, therefore, like Israel, land which many Islamists believe they are entitled to repossess. Continue reading →
PIRA Energy has predicted that U.S. crude oil exports will top 2 million barrels by 2020, reaching 2.25 million bpd. That’s more than what most OPEC members export, the FT notes, citing the research company’s figures. As of 2016, the U.S. average daily export rate was just 520,000 bpd, although in May, the average daily was 1.02 million barrels, after the 1-million-bpd mark was passed early in the year. Continue reading →