Russia

The US is using a ‘mythical Russian threat’ to frighten Europe in order to justify increased defense spending according to Russia’s envoy to NATO “The United States and its representatives have repeatedly said that Russia poses a threat to the United States. Many said it was almost an existential threat, but the underlying reason, in my opinion, is obvious,” Russia’s permanent envoy to NATO Aleksandr Grushko, said in an interview with Russia Today They write: “The United States and its representatives have repeatedly said that Russia poses a threat to the United States.

Submitted by Pepe Escobar via SputnikNews.com,

So now Iran is back to being demonized by the West as “provocative” and “destabilizing”. How come? Wasn’t the nuclear deal supposed to have brought Iran back to the Western-concocted “concert of nations”?

Once Again Washington Proves To Russia That Washington Is An Unreliable Partner

http://www.moonofalabama.org

The post Once Again Washington Proves To Russia That Washington Is An Unreliable Partner appeared first on PaulCraigRoberts.org.

Whether you define gold as a barbarous relic, a pet rock, "tradition", or "doomed", Russia surely refers to it as a saving grace. As Russia’s foreign reserves dwindled to just under $350 billion in early 2015, many predicted Russia was going to burn through all of their reserves in the not too distant future as they dealt with a depreciating Ruble and plummeting oil revenues.

However, this dire prediction did not pan out mainly due to one thing: Russia’s strategic decision to load up on as much gold over the past few years as it possibly could.

How quickly the oil production freeze narrative has fallen apart.

Source: stockboardasset

Indeed, it's been a tough two days for oil bulls holding on to hope that excess oil production will normalize in the near term and that the world's oil suppliers would somehow manage to curb oil production in the aftermath of the OPEC's November 2014 cartel collapse.