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Are Russia and the OPEC nations creating plans for the end of the Petro-dollar this week?

This week marks the annual MAKS air show that is held each year in Moscow and surrounding regions, and there is a very interesting lineup of attendees that are coming to this year's event.  Among them are several leaders from the Middle East and from OPEC nations, and it will bring together several parties that have the power to direct energy and military policies going forward for their countries. But what ...

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China’s devaluation just the start as countries rev up for next leg of currency war

The currency war in the global financial system has been going on at varying strengths since 2009, and in full gear since 2013 thanks to Japan and Abenomics.  However, with the world's most important industrial economy showing signs of a severe crash, or at the very least an acute slowdown, China's new devaluation policy is expected to ratchet up the currency wars to a whole new level. For years the Chinese ...

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Was yesterday’s capitulation to the EU a stalling effort by Tsipris?

In the span of just a week, the leader of Greece and the ruling Syriza party made two very opposite and polar decisions that has the world wondering what the real game being played in Greece is all about.  On Friday, Prime Minister Alexis Tsipris went to Russia and signed a pipeline agreement with President Putin at the St. Petersburg Economic Forum, signalling that the Southern European country was putting ...

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Monday is reckoning day for Greece and the Eurozone

As we head into tomorrow, a day of reckoning may be upon the world's financial system as both Greece and the Troika reach a deadline for coming up with a solution to the Greek debt problem.  And at stake could be much more than just the fate of the Greek people, with a triggering of a derivative death spiral that could make 2008 look like a small drop in the bucket. Bill Holter: Greek Default to Trigger 48- ...

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Continued sanctions against Russia estimated to cost the EU over $100 billion in export revenues

There is an old saying that outrage and activism only last until it begins to effect one's bottom line.  And with the European Union agreeing to extend U.S. led economic sanctions against Russia and the Crimea until January of next year, the question exists on how long Europe can sustain this political stance, especially as their businesses are expected to lose over $100 billion in export revenues because o ...

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On possibly last days in eurozone, Greece to sign pipeline agreement with Russia

The nation of Greece is in total turmoil, with an IMF payment default already under their belt, and massive riots proliferating the country, the last days for the Southern European country in the Eurozone could be close at hand.  Yet even with chaos reigning throughout the region, members of the Greek government are now in St. Petersburg finalizing an agreement that will bring a pipeline into their country, ...

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America’s global empire remains intact despite calls from locals to close base on Okinawa

America is no longer a beacon of freedom to the rest of the world, but an empire built along the same foundations of past civilizations where authority and rule flowed out from the center to nearly every inch of the globe.  And like Rome's once great dominion over Europe, the Near East, and even parts of Africa, to the British extending their hand over enough locations where literally the 'sun never set' wi ...

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Greece inches closer to joining BRICS coalition

With both sides still at an impasse, and a billion euro payment to the IMF coming up early in June, rumblings about Greece joining in with the BRICS coalition are starting to heat up, and with it is the fear that Spain, Italy, and even Portugal may choose to default on their own debt obligations to start anew outside the European Union (EU). According to the Greek publication, Enikos, Greece is preparing an ...

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Greece: Ditch the EU and they can now join the BRICS

As Greece mulls over the results from their most recent debt meeting with the Troika, the IMF announced that they already have plans in place for when Greece inevitably defaults.  However, with the groups taking a pause after another weekend of financial stalemate, a shocking bit of news appeared on May 11 that not only added fuel to the fire, but placed the European Union back on its heels. Because that ex ...

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Cold War Redux: $700 million dollar contracts awarded to refurbish Cheyenne Mountain underground facility

Cheyenne Mountain, which was the former home of Norad and was America's primary nuclear war readiness facility, is being refurbished as an underground bunker thanks to a $700 million contract awarded to the Raytheon corporation in late March.  The underground base, which was also home to Space Command (Spacecom), is being retrofitted at a time when tensions between the United States and Russia are proximati ...

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Benghazi 2.0: Obama abandoning U.S. citizens stuck in Yemen while at same time selling arms to their bombers

In a week where President Obama was forced to go public over the fact a drone strike campaign killed two hostages back in January that included one American, the Commander In Chief is now doubling down on the potential loss of American life by refusing to aid U.S. citizens stuck in Yemen, while at the same time selling arms to the very country that might get them killed. On Wednesday, 20 American citizens w ...

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If it wasn’t for America’s vassal state Japan, only the Fed would be buying U.S. debt

When China and Russia stopped buying U.S. debt and began dumping it through the offshore exchange known as Euroclear, the Fed needed someone else to step in to mitigate a complete monetization of their money printing activity.  So Washington called upon their only remaining vassal state capable of sucking new Treasury sales and conned Japan into replacing their pension funds with T-Bills. Japan now official ...

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