When Crimea's secession to Russia was accepted by Putin, the logical next phase of the process was to cut off Crimea's reliance on Ukraine for energy, and fully integrate it into Russia's supply network. That phase has now been completed, as the fourth and final line supplying electricity from mainland Russian to the Crimean peninsula has been completed according to RT...
Submitted by Eugen von Bohm-Bawek via Bawerk.net,
Another month, another OPEC meeting beckons for 2nd June. But unlike typical meetings on the Danube (let alone dust filled haze of Doha), the producer group might just have a new King in town. It comes in the form of Russia; the number one global producer that’s not even technically a member of the cartel. Confused? Don’t be. The argument is quite simple.
U.S. and Russia are about to face a nuclear stand-off that has the potential to lead to WW3. The two old super-power rivals are talking past each other when it comes to the deployment of the new U.S anti-missile system in eastern Europe aimed at allegedly stopping Iranian missiles. Russia understandably sees it as a direct threat by the fact of its proximity, likening it to Russia deploying anti-missile systems in Cuba and arguing that it is not directed at the U.S. but a rogue state beyond.
In a dramatic development for the global nuclear balance of power, yesterday we reported that starting today, the United States would launch its European missile defense system dubbed Aegis Ashore at a remote airbase in the town of Deveselu, Romania, almost a decade after Washington proposed protecting NATO from Iranian rockets and despite repeated Russian warnings that the West is threatening the peace in central Europe.
The United States is about to activate its missile systems across Europe, despite Russia warning against increasing US-led arms deployment near its borders. The missile defence shield that cost billions of dollars will go live tomorrow almost a decade after Washington proposed protecting NATO from Iranian rockets. American and NATO officials will declare the shield, which is located at a remote air base in Deveselu, Romania, is operational despite Russian warnings that the West is threatening the peace in central Europe.