Tag Archives: u.k.

Business/Economics, International, U.S.

World War 3: Europe enforces oil sanctions against Iran. Iran prepares to close Hormuz Strait. Iran creates $14 billion fund to expand oil industry! More examples of Chock Full o’Crap western media!

“There is a bill prepared in the National Security and Foreign Policy committee of Parliament that stresses the blocking of oil tanker traffic carrying oil to countries that have sanctioned Iran.”-Ibrahim Agha-Mohammadi,  Member of Iranian Parliament

02 July 2012, in a move that seems counter to the European Union (EU) oil sanctions that went into effect on 01 July 2012, Iranian lawmakers say they will block oil shipments to Europe by closing the Strait of Hormuz.

It’s also meant to show that Iran does not need European countries for its oil business.  As of Sunday, 100 of the 290 members of Iran’s parliament have signed the bill.

Also today, Iran created a $14 billion USD fund to expand its oil industry: “The $14 billion fund can create a remarkable momentum in the oil industry and indicates that despite sanctions there is no problem in the trend of the country’s development and production in the oil sector.”-Mohammad Reza Farzin, Managing-Director of Iran’s National Development Fund

Also today, South Korean news media reported that South Korean oil refiners and Iranian oil companies have reached an agreement that would allow South Korea (a U.S. ally/puppet) to resume Iranian oil shipments without violating the European sanctions: “Korean oil refiners and the Iranian side have been in consultations over the matter of using Iranian flagged oil tankers to resume oil shipments.”-unnamed South Korean official

For insurance reasons South Korea will use Iranian tanker ships, which turns out to also be a loop hole in the European oil sanctions!

Also today, Iran’s Oil Ministry announced that despite the 01 July 2012 European oil sanctions, Iranian exports of refined gasoline for European customers will actually increase: “The daily production of euro4 gasoline will reach 24 million liters [6.3 million U.S. gallons] by the end of the current [Iranian] year.”-Alireza Zeiqami, Iran’s Deputy Oil Minister

But who’s the biggest buyer of refined Iranian fuels?  Why the U.S. occupied country of Afghanistan!  In 2011, Afghanistan bought $51.6 million USD worth of Iranian fuels.

On 01 July 2012, corrupt British bank Barclays revealed that a certain type of Iranian oil will escape any attempt at sanctions. It’s called “bunkers” (aka vital blending components).  Bunkers are blended fuels for ships, and the international shipping fleets will need at least $145 billion USD this year, according to Bloomberg.  But here’s the rub for U.S. and EU sanctions: “This is a problem we didn’t foresee. We don’t know how much Iranian oil is already blended in.”-Peter Sand, Baltic and International Maritime Council, which represents 65% of ship owners

Reports also show that Iran really does not need the U.S. or EU as customers, demands from Asia and Africa are growing rapidly. Currently Iran is supplying 100% of Sri Lanka’s petroleum needs, 51% of Turkey’s, 25% of South Africa’s, 11% of India’s and China’s, and 10% of Japan’s and South Korea’s demands.

Oh, by the way, did you know that at the end of June the U.S. government exempted China from the latest sanctions, for the next 180 days?

Full o’Crap western news media continue to claim U.S. led sanctions have hurt Iran’s economy.  The U.S. has imposed sanctions for decades, yet Iran has become one of the richest countries in the region, and not just because of oil!

Iran’s mining industry, excluding petroleum, is now the seventh largest in the world: “We have now achieved self-sufficiency in mining and heavy industries by over 70% in the last four years, while we were once totally dependent (on foreign countries) in these sectors.”-Hassan Polark, Iran’s Industry, Mines and Trade

“The richest gold mines in Venezuela, for instance, have been discovered by the young Iranian engineers.”-Hamid Safdel, Iran’s Industry, Mines and Trade

Iran and Iraq have increased trade to close to $10 million USD so far this year, and they plan to do more: “The volume of the trade exchanges between Iran and Iraq amounts to $9.7 billion which shows an 8% growth compared with the last year.”-Mostafa Mohammad Najjar, Iran’s Interior Minister

Also: “We are also ready to build new power plants in order to increase the capacity of power exports to Iraq. The [Karkheh-al-Emara] power line has increased the capacity of Iran’s electricity exports to Iraq to 1,200 megawatts [daily].”-Majid Namjou, Iran’s Minister of Energy

I could go on and on, like Iranian construction contractors building apartments in the South American country of Venezuela.  Belorussian tractor companies making joint production deals with Iranian tractor companies. Iranian automobile manufacturers reporting increased production, for yet another year in a row.

And to prove Iran is making money despite U.S. and EU sanctions, on 02 July 2012, Iranian officials announced they were able to buy two million metric tons of wheat: “The government has so far been able to import two million tons of wheat into the country despite financial restrictions and sanctions. Such a (large) volume of imported wheat is for supplying the country’s strategic reserves.”-unnamed Iranian official

Iran buys wheat from several sources.  Pakistan is a top source, but India is reportedly offering to beat Pakistan’s prices to win orders from Iran.  India is now the second largest producer of wheat in the world.

Iran also buys wheat from Kazakhstan.  Iranian reports say imports of Kazak wheat could increase by 5 million metric tons next year!

 

Business/Economics, International, U.S.

LIBOR: Evil British Empire banks forced businesses to take on loan insurance, while they jacked up international interst rates! More proof the Too Big To Fails caused the economic crisis! More proof of Trilateral Commission operations!

29 June 2012, British news media reporting the LIBOR scandal isn’t over.  Not only was Barclays (and other British and U.S. banks) involved with manipulating international interest rates, but they also forced smaller businesses to buy loan insurance, “mis-selling” it as a way of protecting themselves from those high LIBOR interest rates!

Recently Barclays settled with the U.S. government over manipulation charges.  Barclays is the tip of the British banking empire LIBOR scandal iceberg, which dominates western economies.

Investigators say the LIBOR fixing took place from 2005 to 2009.  The scandal involved too big to fail banks in North America, Europe and Japan (the regional members of the Trilateral Commission).

 

 

International, U.S.

World War 3: U.S. occupation of Afghanistan; 23 June – 27 June. Oil starts flowing, Iran joins oil production, Uzbeistan interferes. More U.S. led troops die. Afghans accuse U.S. led troops of stealing their money, Israeli style. Cops poisoned. Cops join Mujahideen. More girls poisoned.

27 June 2012

International Security Assistance Force (ISAF) stated that two U.S. led occupying personnel were killed by an explosion in eastern Afghanistan.

“It is ISAF policy to defer casualty identification procedures to the relevant national authorities.”

iCasualties.org reports 217 occupying forces killed so far this year.

In Ghazni Province, local officials report gun battles between locals and supposed Mujahideen/Taliban. They believe the shootout was the result of people refusing to join a specific organization.

In Paktiya Province, local officials claim that 28 Mujahideen were killed in battles there. The battles were between Mujahideen and Afghan government forces backed up by U.S. led occupying forces.

ISAF claims 10 Mujahideen killed and 21 captured in battles in Ghazni, Logar, Nangarhar, Parwan and Wardak provinces.

26 June 2012

In Helmand Province, five family members were assassinated.  The family had just accepted agricultural seeds from the local government.

In Takhar Province, a suicide bomber was captured before he blew himself up.  Afghan police say he is connected with the Jendullah Group of Islamic Movement of Uzbekistan.

ISAF claims seven Mujahideen killed and six captured in Ghazni, Khost, Paktika and Wardak provinces.

25 June 2012

In Badghis Province, Mujahideen claim 15 local cops defected to them.  Local government officials admit cops did defect, but not that many.

In Logar Province, locals are complaining that U.S. led occupying forces are taking their money and government identification documents. It’s happening during night time raids on homes (Israeli style).  Some people also say the occupiers are taking electronic items like computers.

One unnamed occupying official said items, including money, are taken because U.S. led forces believe such things will be used against them (same excuse the Israelis use when they steal stuff from the Palestinians). ISAF Brigadier General, Carsten Jacobsen, claims that people are given paperwork which allows them to get their money/items back, but many Afghans say they are still waiting months later, with no response from ISAF.

In Uruzgan Province, at least six cops were killed by an explosion, three others were wounded after the explosion when Mujahideen open fired on them.

An Italian occupying troop was killed, two wounded, in eastern Afghanistan when a police shooting range was bombed.

Dozens of people killed when Afghan Mujahideen attacked Pakistani border patrol forces.  Mujahideen released a video of the beheading of 17 Pakistani soldiers (who says Pakistan isn’t doing enough for the United States?).

In Helmand Province, about 40 cops were poisoned. It happened at the police academy. The cops recovered.

In Sar-e-Pul Province, at least 90 Rahmatabad high school girls were poisoned. They have recovered.

Afghan security officials are claiming they have proof that Uzbekistan is trying to stop oil production in the Amu River basin.  China’s National Petroleum Corporation was awarded the oil extraction contract last December.

An unnamed security official said U.S. puppet General Abdul Rashid Dostum (accused of the Dasht-i-Leili massacre where hundreds of unarmed prisoners were murdered) has been hired by the Uzbek government to interfere with the Amu River oil project.

Iran announced a oil pipeline project between Iran and Afghanistan. The proposed pipeline will bring Afghanistan refined petroleum products.

24 June 2012

ISAF announced two U.S. led occupiers were killed in a traffic accident, in southern Afghanistan. Another occupier died from a non-combat incident in eastern Afghanistan.

In Ghazni Province, one person was killed, another wounded, after explosives planted on a “cycle” exploded.

In Bamiyan Province, local officials claim they captured a Mujahideen leader.

In Sar-e-Pul Province, extraction of oil from the Amu River Basin officially begins.

Afghan Attorney General officials announced investigations regarding General  Dostum’s interference in oil field production.

ISAF claims to have captured Mujahideen explosives expert in Paktiya Province.

23 June 2012

ISAF reports one U.S. led occupier killed by an explosion in southern Afghanistan.

In Sar-e-Pul Province, about 116 people, mostly girls, were poisoned at the Hazrat Imam Zada Yahya high school.

In Parwan Province, a Mujahideen leader, and a woman he was involved with,  were killed by fellow Mujahideen.  Mujahideen claim the leader and the woman were actually double agents for the Afghan government.

In Nangarhar Province, an explosion near a Hindu owned CD shop left two people dead, and two people wounded.

In Logar Province, a local police boss was assassinated.  Local cops say one body guard was killed, one wounded, and two Mujahideen killed in the attack.

In Kandahar Province, an Australian occupying force CH-47 Chinook helicopter force landed.  It happened while providing close support to ground troops. One crewman was injured: “One of the aircrew was injured and has been treated on site. All other personnel onboard underwent precautionary health checks following the incident.”-Major General Stuart Smith

In Uruzgan Province, three people killed, one wounded, when they drove over a mine.

In Faryab Province, a local cop and four members of his family were assassinated.

Afghan officials claim 11 Mujahideen killed, seven wounded and 51 captured, in battles in Kabul, Nangarhar, Baghlan, Balkh, Kandahar, Helmand, Zabul, Khost, Paktia, and Ghazni provinces.

 

Business/Economics, International, U.S.

World War 3: Operation al-Farouq! Saudi Arabia puts military on high alert, buying 800 top-o-the line Leopard tanks

A letter dated 27 June 2012, and signed by Saudi King Abdullah, shows that Saudi Arabia’s military was ordered on high alert.

The supposed top secret order is calling the operation al-Farouq.

The king claims the move is to prevent “foreign or terrorist attacks.”  For some reason the U.S. main stream news media are ignoring the developments.

Speculation that this could be a move to defend against the growing revolutionary movement calling for the end of the U.S./U.K. puppet Al Saud Royalist regime.

Also, there are problems with the royal family in that heirs are dying off, and there is infighting over who will become the next ruler.

This news comes as a Reuters report revealed that Saudi Arabia has increased its order for German made Leopard 2A7 tanks, to 800!  The original order was for 300, and some in Germany’s parliament tried to stop the sale on grounds that it violated the German constitution.

Reuters was citing a German newspaper: “The Saudi order could secure the future of German tank-makers Krauss-Maffei Wegman and Rheinmetall, which urgently need new markets because of the restructuring of the German army.”-Bild am Sonntag

It’s interesting that last year German officials originally denied such a military sale was being made!

Business/Economics, International, U.S.

LIBOR: More proof the Evil British Empire controls unAmerican Corporate America & the Western Capitalist World, and more proof the too big to fails are to blame!

27 June 2012, a major bank in the United Kingdom, Barclays, settled with U.S. and U.K. regulators, over charges it was manipulating key international interest rates, specifically the LIBOR.

The settlement is for $451 million USD, which is a pittance when you consider the havoc Barclays wreaked on economies throughout the western world. Barclays is the forth largest bank in the world.

Barclays is a major player in the setting of the LIBOR (London Interbank Offered Rate).  This is an interest rate charged to other banks, and is done on behalf of the British Bankers’ Association in London, England.  As of 2008 there were 60 international banks beholden to the LIBOR.

U.S. and U.K. investigations have revealed that not only are British too big to fail banks involved in manipulating interest rates, but so are U.S. banks. It’s not just interest rates, but currency valuations as well.

Besides Barclays the following banks are also being investigated for market manipulation: Citigroup Inc. (C), Royal Bank of Scotland Group Plc, UBS AG (UBSN), ICAP Plc (IAP), Lloyds Banking Group Plc (LLOY) and Deutsche Bank AG are part of at least 18 possibly criminal banks being accused.

Swiss based UBS decided to cooperate with investigators in exchange for legal immunity!

And don’t think this settlement means Barclays, or any other bank, will straighten up and do the right thing, as one law professor said: “It’s [settlements for breaking laws & regulations] become the cost of doing business.”-Jerry W. Markham, former U.S. Commodity Futures Trading Commission

Business/Economics, International, U.S.

What Economic Recovery? Cyprus joins growing list of European countries asking for a bailout!

25 June 2012, the small island country of Cyrus has asked the European Union (EU) for a bailout.  It’s the fifth country to do so, after Greece, Ireland, Spain and Portugal.

The economy of Cyprus is directly tied to Greece, and the economic disaster there has dragged down banks in Cyprus.

Fitch just downgraded the Cyprus’s sovereign credit (bonds) grade by one notch to a junk status of BB+.  Standard & Poor’s and Moody’s also rank Cyprus at junk level.

International, U.S.

World War 3: Article 5; an attack on one NATO member is an attack on all! Open War with Syria and U.S. led NATO! Syria shoots down Turkish F-4, Turkey admits it was in Syrian airspace!

“The Parties agree that an armed attack against one or more of them in Europe or North America shall be considered an attack against them all, and consequently they agree that, if such an armed attack occurs, each of them, in exercise of the right of individual or collective self defense recognized by Article 51 of the Charter of the United Nations, will assist the Party or Parties so attacked by taking forthwith, individually, and in concert with the other Parties, such action as it deems necessary, including the use of armed force, to restore and maintain the security of the North Atlantic area.  Any such armed attack and all measures taken as a result thereof shall immediately be reported to the [United Nations] Security Council. Such measures shall be terminated when the Security Council has taken the measures necessary to restore and maintain international peace and security.”-Article 5, North Atlantic Treaty creating NATO,  4 April 1949

On 22 June 2012, Syrian government officials announced they had shot down a Turkish F-4 Phantom 2, because it had violated their airspace.

On 23 June 2012, Turkish President, Abdullah Gul, admitted the F-4 had violated Syrian airspace: “It is routine for jet fighters to sometimes fly in and out over borders…when you consider their speed over the sea.”

Turkish Foreign Minister, Ahmet Davutoglu, admitted the same thing, but added that it was not for very long, and had no hostile intentions: “The plane did not show any sign of hostility toward Syria and was shot down about 15 minutes after having momentarily violated Syrian airspace.”

24 June 2012, NATO officials announced they will meet on 26 June to discuss the issue, because Turkey has invoked Article 4 of the North Atlantic Treaty.  Turkey is a member of NATO.

The last time Article 4 was invoked was in 2003, by Turkey as well.  Guess what happened after that? The U.S. led invasion of Iraq.

International, U.S.

World War 3: U.S. occupation of Afghanistan; 19 June – 22 June. Dozens killed in hotel attack! Increased attacks on women & children! Increased attacks on Afghan forces! U.S. troops killed! So much for the U.S. occupation stabilizing Afghanistan!

22 June 2012

Afghan Mujahideen attack the Spozhmai Hotel in Kabul city, at least 12 people killed (six cops and six civilians).

Kabul police say the attack began late night, 21 June 2012.  They claim they rescued 20 hostages, but there are dozens more inside: “It would be very easy for police to kill them, but we are afraid because there are civilians, including women and children, trapped inside. We are waiting for daylight.”-General Mohammad Zahir, Kabul police

Mujahideen claim they attacked two hotels, killing at least 25 people including 14 “high profile” elitist Afghans.

21 June 2012

ISAF admits a U.S./NATO helicopter went down in eastern Afghanistan, calling it an emergency landing.  However, reports out of Khost Province say a U.S. helicopter crashed and burst into flames.

Afghan President, Hamid Karzai, says Mujahideen attacks on Afghan troops have increased: “Every day we have at least 20 to 25 casualties, every day at least 20 to 25 of our youths are making the sacrifice for this country and are being killed!”

A United Nations article says that official documentation of women and children, who suffer from violence, show an increase in violence.  However, there is no baseline because official documentation of such violence was started only a few years ago.

The UN article does say that the ongoing war (should read U.S. occupation) is actually making things worse for women and children.

The UN article was published last week.  Today, 21 June 2012, the Afghan government reports several violent domestic crimes in the past few days.  They include the violent rape of an 8 year old, the rape of a 7 year old, and the torturing of a 6 month old and the mother, apparently all in the same province.

20 June 2012 

A suicide bomber kills at least 21 people. Major Martyn Crighton, of NATO, said the attack was against a U.S./NATO checkpoint in the city of Khost.  The U.S. embassy confirmed that three of those killed were U.S. personnel.

It was the third day in a row that U.S. forces were targeted.  According to iCasualties.org, 208 U.S. led occupation personnel have been killed so far this year, 152 being U.S. personnel.

While the city of Khost was attacked, another explosion hit eastern Khost Province. A suicide bomber attacked a U.S./NATO convoy.  Local hospital officials say at least 18 people were killed and 36 wounded.

At least eight people were killed, four wounded, in Logar Province, after a suicide bomber riding a motorcycle blew up. Local officials believe the bomber was attempting to join the attack on the U.S./NATO convoy in Khost Province.

In Kunar Province, local officials claim a U.S./NATO airstrike killed at least 21 people.

In Faryab Province, local officials say they stopped four suicide bombers from carrying out their attacks.

International Security Assistance Force (ISAF) claim they captured yet another “leader”, this time in Paktiya Province.  ISAF also claims to have captured a “leader” from the Islamic Movement of Uzbekistan, in Badakhshan Province.  A “facilitator” was arrested in Kandahar Province.

19 June 2012

ISAF reports a U.S. led occupation troop was killed in southern Afghanistan: “Initial reports indicate that seven insurgents launched an attack on a NATO installation and initially were successful in breaching the outer security perimeter.”

Provincal officials from Kandahar say Mujahideen attacked a U.S. base in Kandahar, wounding at least 10 U.S. personnel.  Mujahideen claim they killed or wounded 40 U.S. personnel, and that 17 Mujahideen were wounded in the attack.

Also in Kandahar Province, a Afghan military checkpoint was attacked by men wearing Afghan police uniforms.  At least seven people were killed.

In Kunar Province, a U.S. assassination drone crashed while providing air support to Afghan and U.S. forces on the ground.

In Helmand Province at least 8 people were killed, five wounded, when they drove over a mine.

In Bamiyan Province, 46 school girls were poisoned.

ISAF says more “leaders” captured in Helmand and Paktia provinces.

President Karzai fires the boss of the Academy of Science, and the boss of Social Affairs and Human Science Department, after they tried to publish a book that was racially slanted against non-Pashtuns.  One ethnic group was actually labeled as being thieves and liars, and a threat to Islam.  Pashtuns are the dominant ethnic group of Afghanistan.

International, U.S.

World War 3: U.S. occupation of Afghanistan; 15 June – 18 June. Cops abusing laws! More troop deaths! $1 billion+ more taxpayer dollars! Mujahideen attacks getting bigger!

18 June 2012

Afghan troops turned their guns on each other in Kunar Province. One soldier was killed, the shooter escaped.

In Kandahar Province, in the Zhari district, three Afghan police attacked U.S. personnel, killing one and wounding nine.  ISAF is investigating: “The International Security Assistance Force confirms that three individuals in Afghan police uniforms turned their weapons against coalition service members….killing one ISAF service member.”

The Danish Army Operational Command confirmed that one of their occupation troops was seriously wounded by a mine.  Denmark is helping the U.S. occupy Afghanistan, with troops in Helmand Province.

Afghanistan’s Ministry of the Interior claims they killed a “leader” in Parwan Province.

In Kapisa Province a suicide bomber blew himself up in a market place, killing six people and wounding 17.  Local officials say the target was a police officer who survived the blast.

International Security Assistance Force (ISAF) said another U.S. led occupier was killed, in southern Afghanistan when he was shot by Mujahideen.  ISAF does not give out anymore info.

The United Nations will help Pakistan to force 150,000 Afghan refuges back into Afghanistan.  The puppet government of Afghanistan has been treating returning refugees as if they were illegal immigrants, even kicking them out of their homes and putting them in concentration camps.

One excuse the Afghan government uses for treating the returned refugees so bad, is that they lack “documentation”.  The UN is pushing to get 150,000 back into Afghanistan this year, because the identification papers for those refugees are set to expire.

17 June 2012

United Kingdom’s Ministry of Defence reported another British occupier was killed, this time in Helmand Province “…killed by enemy action…”  They said he was killed on 15 June 2012.

Afghan Mujahideen claim to have shot down a U.S. drone in Afghanistan’s Paktia Province.  U.S. led ISAF/NATO claim the drone crashed due to technical problems.

The Afghan government has admitted that Afghan cops are abusing the laws.  Many cops have been using their authority as an excuse to commit traffic crimes and even more serious crimes.

At least 50 traffic accidents were actually caused by police in the past three months! The result is that the Interior Ministry will create an internal police force to police the existing police force!!!

In Paktika Province a rocket hit a house, killing six people.

Afghanistan’s Ministry of Defense reports three of their soldiers killed, 11 wounded, by attacks from Mujahideen.  The attacks took place in Wardak, Logar, Heart, Faryab and Helmand provinces.

There were reports of heavy fighting between Afghan forces and Mujahideen in Kunduz Province.   The fighting began when a local police chief was assassinated.

Afghan Interior Ministry claims to have killed 42 Mujahideen, wounded one and captured 37, in battles in Nangarhar, Laghman, Balkh, Kandahar, Helmand, Khost and Ghazni provinces.

ISAF claims to have captured another “leader” in Kandahar Province.

16 June 2012

The United States Army revealed that U.S. taxpayers will spend more money in Afghanistan.  This time it’s $712 million USD for 52 water and electrical projects.

On top of that, the U.S. Air Force (USAF) reported they will re-start a program to spend several hundreds of millions more taxpayer dollars, buying the Afghan air force training and COIN (counter insurgency) aircraft!

In Farah Province, four Italian occupying troops were wounded by an explosion.

Afghan defense ministry reports three Afghan national army soldiers were killed and seven wounded, in battles in Nuristan, Paktia, Logar, Ghazni and Helmand provinces.

In Uruzgan Province, at least three cops were killed, one wounded, when they drove over a mine.

In Paktika Province, local officials report a major battle that left 34 Mujahideen dead.  The battles took place in four districts of Paktika.

15 June 2012

ISAF reports one U.S. led occupier killed in eastern Afghanistan. Another U.S. led occupier was killed in southern Afghanistan.

In Kandahar Province, at least 11 people were killed, 11 wounded, after a motorcycle exploded in a market place.

In Nangarhar Province, at least three cops were killed, one wounded, after they drove over a mine.

ISAF claims they killed a “commander” and several Mujahideen in Paktika Province.

Business/Economics, International, U.S.

Government Idiots: Japan oil industry says U.S. & EU oil sanctions against Iran will not affect global oil supply!

“For the time being we will be able to continue smoothly transporting Iranian oil to Japan. I would like to thank the government and all parties concerned for their efforts.”-Yasushi Kimura, Petroleum Association of Japan

21 June 2012, Yasushi Kimura, president of the Petroleum Association of Japan, basically said the U.S. and European oil sanctions against Iran are impotent!

Kimura based his conclusion on the fact that there is plenty of oil supply, and that because of the continued downward spiral of the international economy global demand for oil will drop.

The fact that the United States exempted several countries from their oil sanctions, including Japan, also proves that the U.S. sanctions against Iran are nothing but hot air!

So what were U.S. & European leaders trying to accomplish with their impotent oil sanctions against Iran?