Obama Pledges $1bn (£600m) To Boost Military In Europe


President Obama could meet President Putin at D-Day commemorations (Via Sky News)

Instead of feeding starving Americans, or housing homeless Americans, or building Schools, helping with Obamacare, Obama has decided to spend £600 Million Pounds (or) $1 Billion Dollars to curry favour with Allies that may or may not side with Russia in the coming War. I get influencing friends to take sides, but at the expense of his own people, with the PetroDollar dying a death, this is just another kick in the teeth for the American people. Obama is circling Russia and I am guessing it won’t be long till 1 American soldier is shot at

Barack Obama has promised $1bn to bolster its military influence in Europe amid worries of more land grabs by the Kremlin. The US president said extra military equipment would be sent to the region in the wake of the Ukraine crisis, and that more American troops would take part in military exercises. “We need to make sure that the collective defence … is robust, it is ready, it is properly equipped,” the US President told a press conference in Warsaw. “Today, I’m announcing a new initiative to bolster the support of our Nato allies here in Europe,” Obama said at Warsaw’s Belweder Palace. “Under this effort, and with the support of Congress, the United States will preposition more equipment in Europe.” There are worries that states on Russia’s western borders could be at threat after the country took control of Ukraine’s Crimean peninsula.


Pro-Russian troops have forcibly taken charge in areas of Ukraine (Via Sky News)

President Obama’s plan also proposes more regular naval deployments in the Black Sea and Baltic Sea, right on Russia’s doorstep. No announcement was made on permanent US troop deployments in Europe but the White House said it would review the matter. “We are reviewing our force presence in Europe in the light of the new security challenges on the continent,” it said in a statement. “These efforts will not come at the expense of other defence priorities, such as our commitment to the Asia Pacific rebalance.”


There are fears President Putin’s military could move into other countries (Via Sky News)

The extra $1bn (£600m) will also help boost the defence capability of Western-friendly states bordering Russia, such as Ukraine, Georgia and Moldova. For example, through extra training for their troops. The European Reassurance Initiative – as the plan is called – must first be signed off by the US Congress. President Obama was speaking at a joint news conference with Polish President Bronislaw Komorowski at he beginning of a four-day visit to Europe. He also urged other Nato members to do more to help the alliance’s defence role, although he admitted the US had to play the biggest role. Nato states have a target of spending 2% of GDP on defence, but many lag behind. “Everyone has the capacity to do their fair share, to do a proportional amount to make sure we have the resources, the planning, the integration, the training in order to be effective,” said the President. The US leader’s remarks come ahead of a potential meeting with Russia President Vladimir Putin at D-Day commemorations in France. The pair have no meeting scheduled but White House officials have not ruled one out. The men have not met since the Ukraine crisis began. “Mr Putin has a choice to make,” Obama said, speaking about the Russian leader reining in pro-Kremlin troops in Ukraine. “That’s what I will tell him if I see him publicly. That’s what I have told him privately

#russia, #1billion-to-europe, #600-million, #barack-obama, #europe, #military-in-europe, #obama, #petrodollar, #president-obama, #president-putin, #ukraine, #wwiii

Russia and China dumped the US Dollar – Petro dollar and Dow Drops, Dollar will collapse


Dying and will fall

Well here it is people! I have warned and warned and today it’s official, China and Russia have dropped the US Dollar. This is the end of the US Dollar. I said in another blog the Dollar was going to go. The death of all these bankers was the key sign. Russia and China are about to take the USA off it’s knee’s and onto the floor. I put a date of June 1st for this to happen, I think I was not far away I have been covering this story http://shaunynews.com/2014/04/06/us-threatens-russia-over-petrodollar-busting-deal/

And this: http://shaunynews.com/2014/04/14/america-you-are-dying-or-already-dead-why-didnt-you-listen-to-us/

The stock market dive Friday that brought the Dow Jones Industrial Average to near 16,000 and the Nasdaq to below 4,000 might reflect an accelerated move by Russia away from the petrodollar in retaliation for the Obama administration’s threatened economic sanctions over Russia’s takeover of Crimea. Russia’s politically motivated attack on the petrodollar could trigger a major U.S. stock market collapse amid a global loss of confidence in the dollar caused by the Federal Reserve’s continuing policy of buying billions of dollars monthly in U.S. Treasury debt. The Fed hopes to stimulate the economy by artificially keeping already depressed interest rates at zero.

With the Fed having limited options to address a panic caused by a bear market that could continue into next week, the risk of heavy selling of the U.S. dollar in international markets could raise prices in the increasingly import-dependent U.S. economy. Hyperinflation could result, pushing the struggling economic recovery into a renewed economic recession. On Friday, the third straight day of stock market losses, the Nasdaq plunged 54.37 points, or 1.3 percent, to 3,999.73. The Dow dropped 143.47 points, or 0.9 percent to 16,026.75, and the Standard & Poor’s 500 index fell 17.39 points, or 1 percent, to 1,815.69.

Explains why and how Via StormCloudsGathering

U.S.A. Today reported Friday that after the market selloff last week, investors remain jittery as the Nasdaq has dropped 3.1 percent, its worst plunge since November 2011, the S&P 500 has fallen 4 percent from its record high close of April 2 and is 1.8 percent lower for the year, while the Dow has retreated 3.3 percent from its Dec. 31 record close of 16,576.66. Economist Peter Koenig, a former staff member of the World Bank, warned last week Russia is in the process of abandoning the “petro-dollar” as the trading unit for oil and gas transactions, with Russian hydrocarbon trade estimated at approximately a trillion dollars per year. “The main supporters of this plan are Sergey Glaziev, the economic aide of the Russian president and Igor Sechin, the CEO of Rosneft, the biggest Russian oil company and a close ally of Vladimir Putin,” noted Voice of Russia radio April 4. “Both have been very vocal in their quest to replace the dollar with the Russian ruble. Now, several top Russian officials are pushing the plan forward.”

On March 21, Reuters reported Russia and China were close to finalizing a “Holy Grail” deal in which the Russian state-owned gas firm Gazprom would pump 38 billion cubic meters of natural gas per year to China starting in 2018. The gas would flow through the first pipeline between the world’s largest supplier of natural gas and the world’s largest user of natural gas, with the transactions to be valued in the Russian ruble, Chinese yuan or possibly in gold. An economic blog that has been warning Russia’s war on the petrodollar could trigger a major collapse in U.S. stock markets, reported March 20 that Putin thanked China for standing by Russia in Crimea. In addition to negotiating energy deals with China, Russia is also continuing to negotiate a deal with Iran to barter 500,000 barrels of Iranian oil per day for Russian goods. The deal would enable Iran to sell an additional $20 billion in crude oil without having to value the transactions in dollars.

Sens. Robert Menendez, D-N.J., and Mark Kirk, R-Ill., warned President Obama in a letter addressed to the White House that if Iran “moves forward with this effort to evade U.S. sanctions and violate the terms of oil relief provided for in the [Iranian interim nuclear deal reached in Geneva in November 2013], the United States should respond by re-instating the crude oil sanctions, rigorously enforcing significant reductions in global purchases of Iranian crude oil, and sanctioning any violations to the fullest extent of law.”

You were warned! Via samuel ezerzer

#dow-jones-industrial-average-to-near-16, #dumped-the-us-dollar, #fed-having-limited-options-to-address-a-panic, #obama-administrations-threatened-economic-sanctions, #petrodollar, #russia-and-china, #the-stock-market-dive

US Threatens Russia Over Petrodollar-Busting Deal

*U.S. HAS WARNED RUSSIA, IRAN AGAINST POSSIBLE OIL BARTER DEAL

*U.S. SAYS ANY SUCH DEAL WOULD TRIGGER SANCTIONS

*U.S. HAS CONVEYED CONCERNS TO IRANIAN GOVT THROUGH ALL CHANNELS

“Why in a free world counties cannot trade oil in currency they want? What’s up with that, why so much discussion? Why there is a need to threat or kill anyone over this?”

“The American Empire is falling! No biggie lets just hope they don’t take everyone with it”

“Uncle Sam KNOWS that once they lose control of energy costs (which will impact food costs severely), they will lose any hope of controlling their well armed populace. The straw that breaks the camels back will also be the one that breaks our back. None of us wants to see it happen. And my God I hope it doesn’t have to come to that. But the only thing placating Americans is lifestyle. Take that away, and its all over”

It was suspect these sanctions would have more teeth than some travel bans, but, as I said previously, it is just as likely to be another epic geopolitical debacle resulting from what was originally intended to be a demonstration of strength and instead is rapidly turning out into a terminal confirmation of weakness.
As we explained earlier in the week,
Russia seems perfectly happy to telegraph that it is just as willing to use barter (and “heaven forbid” gold) and shortly other “regional” currencies, as it is to use the US Dollar, hardly the intended outcome of the western blocakde, which appears to have just backfired and further impacted the untouchable status of the Petrodollar….

“If Washington can’t stop this deal, it could serve as a signal to other countries that the United States won’t risk major diplomatic disputes at the expense of the sanctions regime,”
And here is Voice of Russia, “Russia prepares to attack the Petrodollar“:
The US dollar’s position as the base currency for global energy trading gives the US a number of unfair advantages. It seems that Moscow is ready to take those advantages away.
The existence of “petrodollars” is one of the pillars of America’s economic might because it creates a significant external demand for American currency, allowing the US to accumulate enormous debts without defaulting. If a Japanese buyer want to buy a barrel of Saudi oil, he has to pay in dollars even if no American oil company ever touches the said barrel. Dollar has held a dominant position in global trading for such a long time that even Gazprom’s natural gas contracts for Europe are priced and paid for in US dollars. Until recently, a significant part of EU-China trade had been priced in dollars.
Lately, China has led the BRICS efforts to dislodge the dollar from its position as the main global currency, but the “sanctions war” between Washington and Moscow gave an impetus to the long-awaited scheme to launch the petroruble and switch all Russian energy exports away from the US currency .

#u-s-has-conveyed-concerns-to-iranian-govt-through-all-channels, #u-s-has-warned-russia-iran-against-possible-oil-barter-deal, #u-s-says-any-such-deal-would-trigger-sanctions, #petrodollar, #petrodollar-busting-deal

Obama Putin fall out over money *U S…

Obama/Putin fall out over money

*U.S. HAS WARNED RUSSIA, IRAN AGAINST POSSIBLE OIL BARTER DEAL
*U.S. SAYS ANY SUCH DEAL WOULD TRIGGER SANCTIONS
*U.S. HAS CONVEYED CONCERNS TO IRANIAN GOVT THROUGH ALL CHANNELS

“Why in a free world counties cannot trade oil in currency they want? What’s up with that, why so much discussion? Why there is a need to threat or kill anyone over this?”

“The American Empire is falling! No biggie lets just hope they don’t take everyone with it”

“Uncle Sam KNOWS that once they lose control of energy costs (which will impact food costs severely), they will lose any hope of controlling their well armed populace. The straw that breaks the camels back will also be the one that breaks our back. None of us wants to see it happen. And my God I hope it doesn’t have to come to that. But the only thing placating Americans is lifestyle. Take that away, and its all over”

It was suspect these sanctions would have more teeth than some travel bans, but, as I said previously, it is just as likely to be another epic geopolitical debacle resulting from what was originally intended to be a demonstration of strength and instead is rapidly turning out into a terminal confirmation of weakness.
As we explained earlier in the week,
Russia seems perfectly happy to telegraph that it is just as willing to use barter (and “heaven forbid” gold) and shortly other “regional” currencies, as it is to use the US Dollar, hardly the intended outcome of the western blocakde, which appears to have just backfired and further impacted the untouchable status of the Petrodollar….

“If Washington can’t stop this deal, it could serve as a signal to other countries that the United States won’t risk major diplomatic disputes at the expense of the sanctions regime,”
And here is Voice of Russia, “Russia prepares to attack the Petrodollar“:
The US dollar’s position as the base currency for global energy trading gives the US a number of unfair advantages. It seems that Moscow is ready to take those advantages away.
The existence of “petrodollars” is one of the pillars of America’s economic might because it creates a significant external demand for American currency, allowing the US to accumulate enormous debts without defaulting. If a Japanese buyer want to buy a barrel of Saudi oil, he has to pay in dollars even if no American oil company ever touches the said barrel. Dollar has held a dominant position in global trading for such a long time that even Gazprom’s natural gas contracts for Europe are priced and paid for in US dollars. Until recently, a significant part of EU-China trade had been priced in dollars.
Lately, China has led the BRICS efforts to dislodge the dollar from its position as the main global currency, but the “sanctions war” between Washington and Moscow gave an impetus to the long-awaited scheme to launch the petroruble and switch all Russian energy exports away from the US currency .

Citation

#u-s-has-conveyed-concerns-to-iranian-govt-through-all-channels, #u-s-has-warned-russia-iran-against-possible-oil-barter-deal, #u-s-says-any-such-deal-would-trigger-sanctions, #petrodollar, #petrodollar-busting-deal, #russia-3, #uncle-sam-knows, #untouchable-status-of-the-petrodollar, #us-threatens-russia, #us-threatens-russia-over-petrodollar-busting-deal, #usa