The problem with Israeli Prime Minister Benyamin Netanyahu’s address to Congress March 3 was not the risk of offending Washington, but rather Washington’s receding relevance. President Barack Obama is not the only leader who wants to acknowledge what is already a fact in the ground, namely that “Iran has become the preeminent strategic player in West Asia to the increasing disadvantage of the US and its regional allies,” as a former Indian ambassador to Oman wrote this week.
For differing reasons, the powers of the world have elected to legitimize Iran’s dominant position, hoping to delay but not deter its eventual acquisition of nuclear weapons. Except for Israel and the Sunni Arab states, the world has no desire to confront Iran. Short of an American military strike, which is unthinkable for this administration, there may be little that Washington can do to influence the course of events. Its influence has fallen catastrophically in consequence of a chain of policy blunders. Continue reading
Much like Lybia’s after Ghadaffi was overthrown and killed… gone. If one had to guess, it’s sitting either in an American or European vault. The New York Federal Reserve, or Bundesbank — take your pick. Please see the source link for additional informative charts.
Back in March, at a time when the IMF reported that Ukraine’s official gold holdings as of the end of February, so just as the State Department-facilitated coup against former president Victor Yanukovich was concluding, amounted to 42.3 tonnes or 8% of reserves…
…and notably under the previous “hated” president, Ukraine gold’s reserves had constantly increased hitting a record high just before the presidential coup… Continue reading
A Panamanian official announced Wednesday that more containers of suspected weapons have been found aboard a ship seized last week that was bound for North Korea from Cuba.
Panamanian Security Minister Jose Raul Mulino told the Reuters news agency that authorities found two new containers in addition to the two that were previously discovered under thousands of tons of sugar.
Acting on intelligence it hasn’t publicly described, Panama seized the rusting, 34-year-old North Korean freighter Chong Chon Gang on July 11 as it headed toward the Caribbean entrance of the Panama Canal on its way to the Pacific and its final destination of North Korea. Continue reading