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Why Are Washington's Clients Getting Cozy With Moscow?

Submitted by Nauman Sadiq,

Turkey, which has the second largest army in NATO, has been cooperating with Russia in Syria against Washington’s interests since last year and has recently placed an order for the Russian-made S-400 missile system.

 

Similarly, the Saudi King Salman, who is on a landmark state visit to Moscow, has signed several cooperation agreements with Kremlin and has also expressed his willingness to buy S-400 missile system.

 

One Day After Historic Saudi-Russian Summit, US Suspends Military Exercises With "Arab Allies"

One Day After Historic Saudi-Russian Summit, US Suspends Military Exercises With "Arab Allies"

Russia no longer even has to lift a finger (or buy a few thousands dollars worth of Facebook ads) to steal influence from the US in key geopolitical hotspots: the US can do so on its own.

According to the WSJ, the Pentagon halted military exercises with Gulf allies in a symbolic rebuke to countries caught in the ongoing diplomatic spat with Qatar that has eroded counterterrorism cooperation in the region, soured relations between historical allies, and allowed outside powers to establish substantial footholds in the region

"My Watch Is Off": HSBC Traders Used Code Words To Trigger Front-Running Trades

"My Watch Is Off": HSBC Traders Used Code Words To Trigger Front-Running Trades

According to prosecutor Carol Sipperly, former HSBC currency trader Mark Johnson used just four words to trigger a massive, international front-running operation that netted his firm some $8 million in illicit profits: "my watch is off."

The bank’s former global head of foreign exchange alerted the traders around the globe via a phone call in December 2011 that was recorded, a prosecutor said Thursday. The gambit was designed to take advantage of a $3.5 billion client order to buy sterling, the U.S. says.

 

Hurricane Nate Heads For Gulf Coast: Goldman Projects Dramatic Refining Slowdown

Hurricane Nate Heads For Gulf Coast: Goldman Projects Dramatic Refining Slowdown

Confirming an earlier projection by Accuweather that showed Hurricane Nate will likely make landfall as a cateogry one storm somewhere between Louisiana and the Florida panhandle on Sunday, the NHC has issued a hurricane warning - the highest-priority of the agency's alert levels - for a broad swath of the Southern US stretching from Grand Isle Louisiana to the Florida-Alabama border.

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