Category Archives: Sanctions

Bipolar Economics and Hypocrisy in Pусский язык: Sanctions on Putin’s Minions?……….

      


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The
media and halls of Congress are full of
talk about economic sanctions, talk of plans to impose American
sanctions against Russia.
Sanctions
are in the cards for some Russians who are deemed responsible (or not) for ‘something’ in Crimea, but guess what? The man who ordered
the troops into Crimea will not be sanctioned. Putin is not being
sanctioned, just some hapless underlings. Now how do you spell h-y-p-o-c-r-i-s-y in русский язык?

There are some stronger threats from U.S. law-makers (a few of them like Senator Bob Menendez are also suspected of allegedly being law breakers themselves) to impose tougher sanctions on Russia and on (former) Ukrainian officials. But not on Putin. On the senate floor, Senator McCain even expressed a burning desire to ban select Russians from going to Las Vegas. LasFuckingVegas? That is what he said (minus the expletive). Is that the best these august men can come up with? And what happened to the wonders of unfettered unregulated unsanctioned free markets?

Europeans are deemed too hesitant, considered wimpy by U.S. senators and Obama bureaucrats already tested and blooded in the battles for media sound bites and in the battles of other sanctions. The EU itself is almost certainly threatening more punishment than it is willing to actually apply.

Just think of the company (some) Russians will be keeping among the targets of Western sanctions: Cuba, Iran, Syria, Iraq (once), Lebanon (a big chunk of it anyway), Russia, North Korea. A gaggle of West African leaders and warlords. Probably others I can’t recall.

And suppose India and China and Pakistan and Indonesia and Brazil and Argentina and Algeria and Egypt and several other countries refuse to respect these expanded Western global sanctions? Which they almost certainly will. Would new sanctions be applied to these countries as well? Then will we have two worlds? Those sanctioned by the Western Powers and those not sanctioned by Western Powers? And how will this impact the love affair between extremely patriotic U.S. corporations and cheap Chinese (and Indian) labor and possibly Russian oligarchs, among others?

And if half the world is ‘sanctioned’ how does this affect the effectiveness of the sanctions being bandied about?


Cheers
mhg

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No Hypocrisy: Obama Administration Mulls Sanctions against Ukraine and Bahrain and Egypt and………

      


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“The US raised the prospect of placing sanctions on Ukraine on Wednesday after riot police moved against anti-government demonstrators, seemingly violating its pledges of restraint. Baroness Ashton, the EU’s foreign affairs representative, all but accused Victor Yanukovich, Ukrain’s president, of misleading her in negotiations in Kiev that happened just hours before riot police launched a push to retake opposition-occupied areas of the city, including City Hall and Independence Square. The crowd resisted the police onslaught in temperatures of -11C but Baroness Ashton, who was in Kiev for crisis talks on Ukraine’s rejection of a strategic pact with Europe, said the authorities had crossed the line……………….”

Ukraine has crossed “one line”, has been doing it for a week. Just attacking protesters in the square, not raiding their homes and looting and arresting and torturing them. Bahrain’s regime has crossed many lines, has been doing it for almost three years: tear gassing, shooting, arresting, torturing, and killing. Raiding and looting homes of the majority of its rebelling people at midnight. Ukraine is mild compared to Bahrain. Someone forgot to tell the U.S. government that.

Cheers
mhg

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Plan B? Western Sanctions Tighten, Iran Launches Huge New Oil Tankers……..

    

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Iran has procured a new oil tanker with a capacity of 2.2 million barrels, one of the world’s largest. The tanker, which is valued at around $300 million, will join the Iranian fleet within the next few days. The oil tanker is a ‘floating storage and unload vessel’, said Managing Director of Iranian Offshore Oil Company Mahmoud Zirakchianzadeh. The National Iranian Tanker Company (NITC), Iran’s oil shipping operator, is expanding its tanker fleet with the first of 12 supertankers to be delivered from China in May, fortuitous timing for the OPEC member as Western sanctions force Tehran to rely more on its ships to export oil, Reuters reported. The new tankers, each capable of carrying 2 million barrels of crude, add much-needed capacity to NITC’s fleet at a time when the number of maritime firms willing to transport Iranian crude has dwindled significantly amid European sanctions. The EU will prohibit European insurers and reinsurers from indemnifying tankers carrying Iranian crude oil anywhere in the world from July, threatening to curtail shipments and raise costs for major buyers like China, India, Japan and South Korea. The NITC managing director announced in December 2011 that 21 new tankers will be added to the national fleet by the end of 2013…………


Either the Iranians are optimistic about an end to Western sanctions soon or they have one hell of a Plan B. Since I know for certain that Western sanctions will not be lifted or even eased this year, then there must be a Plan B.
Cheers
mhg



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Battle for Florida: the Cold War Continues in the Americas………

    

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Cuba criticized the United States Tuesday for “aggressive” Cold War-style moves to block it from attending the Summit of the Americas which meets in Colombia this week. The US government vetoed proposals to include Cuba, the Americas’ only Communist country, among invited leaders to the summit in Cartagena, Colombia. “The veto, once again, by US authorities clearly demonstrates that Washington has no real desire to get closer to its southern neighbors, nor to change its aggressive policy against our country,” an editorial in the official Cuban Communist Party newspaper Granma said………..”

The Cubans don’t realize that it all has to do with “Florida” this year. They don’t realize that Florida is a battleground state in the elections. That anything goes in what can be one of the most fierce election battle since Appomattox. If they knew, they would sympathize with the Obama administration.
That is why China is not sanctioned: no Florida, a lot of trade.

Cheers
mhg



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The War against Bashar al-Assad’s Mother……….

    

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The year-long effort to overthrow President Bashar al-Assad and his government has failed. Two or three months ago, it seemed to come close to succeeding, as insurgents took over enclaves in cities such as Homs and Deir el-Zour. There was talk of no-fly zones and foreign military intervention. Severe economic sanctions were slapped on Syria’s already faltering economy. Every day brought news of fresh pressure on Assad and the momentum seemed to build inexorably for a change of rule in Damascus. It has not happened. Syria will not be like Libya. The latest international action has been an EU ban on Assad’s wife, Asma, and his mother travelling to EU countries (though, as a UK citizen, Asma can still travel to Britain). As damp squibs go, this is of the dampest. ………….

They sanctioned his mother? The widow of Hafiz al-Assad and the mother of Bashar? The widow of the man all Western and Arab leaders were courting and kissing up to for thirty years?
Cockburn is absolutely right here: they can’t figure out what else to do about him. This is scraping the bottom of the ‘moral’ barrel. What next? The wife of the king of Bahrain? Mrs. Ahmadinejad? How about Sarah Netanyahu? Or a favorite concubine of the king of….

Cheers
mhg



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Petroleum Chat: from Tehran through Baghdad to Riyadh and Caracas…………

 

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The National Iranian Oil Company (NIOC) has announced the discovery of a huge oil field with considerable crude reserves in southern Iran. NIOC’s Director for Exploration Seyyed Mahmoud Mohaddes said Saturday that an exploratory oil well has already been drilled in the area. “The newly-discovered oil field must be considered among the biggest fields ever discovered in Iran,” he said. The Iranian official also added that initial tests have indicated the high quality of the oil in the new field. Mohaddes went on to say that the details about two or three more oil fields will be announced in the near future. A total of 18 heavy and extra heavy oilfields have so far been discovered in Iran, including Ferdowsi oil field in the Persian Gulf, which is one of the country’s biggest heavy oil fields with proven reserves of more than 31 billion barrels. Iran’s total in-place oil reserves have been estimated at more than 560 billion barrels with about 140 billion barrels of extractable oil……….

According to the CIA

(2011) Iranian reserves were pushed back to the 4th largest in the world, behind Saudi Arabia, Venezuela, and Canada. Last year, Venezuelan reserves jumped with some OPEC estimates putting them ahead of both Iran and Saudi Arabia. Iranian and Iraqi ‘proven’ reserves have been hampered over the past 30 years by wars, sanctions, and Western economic blockades. It is possible, nay very likely, that one or both of these countries has more reserves than the current leaders. The Iranians note their “in-place” reserves are 560 billion barrels, but that is only ‘potentially’ recoverable oil. As more explorations and studies are done, as well as more investments in technology and machinery, some of this ‘in-place’ oil becomes extractable.
Both Iran and Iraq suffered from lack of serious exploration and investment in new oil fields over the past three decades, and their reserves can only shoot up noticeably in the next few years. On the other hands there are reports that Saudi production capacity is declining as the country has been producing large amounts as a ‘swing’ producer. But Saudi Arabia has a huge land mass: there may be more oil reserves hidden under the sands, and not necessarily in the Eastern Province.

Of course, the expanded reserves do not help the Iranian people in the short term as the Western powers, under Israeli and ‘princely’ pressure, tighten their squeeze on the economy.
Cheers
mhg



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Travel: from the Soviet Union to Cuba, from Communist Albania to Cuba, from USA to Cuba………..

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For years, U.S. citizens have not been able to fly legally to Cuba from the United States. Some travelers found their way around the ban, slipping in through Canada, Mexico or the Caribbean. This was time-consuming, costly and a bit risky……… Looking for a deal to Cuba? Despite these changes, deals are still rare. Airfare is chartered, and with the U.S. government paperwork required, it is nearly impossible to put a trip together yourself. But deals can be found. Friendly Planet, one of the approved travel companies to bring U.S. travelers, currently has two programs (which include the Cuba entrance visa and all U.S. government paperwork). The four-night getaway costs $1,899 per person, based on double occupancy; similar packages from other licensed companies are selling for at least $2,400………

This is almost like in the old “Communist” Soviet Union, when the state restricted travel. It is almost like trying to travel from old “Communist” Albania to any other country in the “free” or “communist” world. But wait, this is not the old USSR or Communist Albania, it is the USA, a free country, banning travel to Cuba, a “Communist” Bible-less dark-purple country. I am exaggerating a little, as usual.
Both the USA and “Communist” Cuba seem to have one thing in common: both encourage the citizens of the other to come visit; both discourage their own citizens from visiting the other. So, they are not that far apart after all.

Cheers
mhg



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Slow Diplomatic Genocide: American Election Choreography and Iranian Agonies ……….

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The crisis has taken a toll on medical care, affecting the middle class as well as the poor. Because of the ever-tighter pressure on any kind of trade with Iran, the black market price of Herceptin, a breast cancer drug, has nearly doubled in the past year, said Lian, a young nurse who works in the cancer ward of one of Tehran’s major hospitals (the government regulates the mainstream supply of such drugs, but supplies are very limited). The sanctions have also affected medical technology, because radiology machines fall under the “dual use” provisions of laws aimed at keeping nuclear technology out of Iran. At Shohada Hospital, one of the country’s premier institutions, about 1,200 cancer patients a year go without radiological treatment, because the radiology equipment is no longer working and replacement parts cannot be brought into Iran, said Pejman Razavi, a doctor at the hospital. Many Iranians are also skeptical about the Western preoccupation with Iran’s nuclear program. “The economic pressure will not push Iran to a nuclear settlement,” said Kayhan Barzegar, the director of the Institute for Middle East Strategic Studies, who has taught in the United States. “The nuclear file is a nationalistic issue; it’s too late for Iran to backtrack. Domestic politics will react negatively to any negotiation — candidates in the elections will say: you sold the nuclear program!”………….

It is truly killing by diplomatic means. What these Iranians don’t seem to understand is that the sanctions are not really aimed at their nuclear program. In the media-controlled sound-bite and video-clip politics of America these days, it is the perception that matters more than anything else. The main goal of the sanctions, ever tightening, is primarily to influence the perception of the American voters, to out-hawk the Republicans, usually mostly war evaders. Otherwise all this weekly, almost daily, recalibration of the Western blockade (never sanctioned by the United Nations) wouldn’t make any sense. Sanctions are usually put in place and monitored. These Iran sanctions, sharply and skeptically supervised by the Likud regime and its allies and agents in the United States, are meant to be kept in the headlines. It is tempting to say that every time Mr. Netanyahu clears his throat, a panicked Obama administration tightens the Iran sanctions some more.
Almost everything is choreographed for maximum public effect: from Susan Rice’s hissy fit and selective “disgusting” remark at the UN to Hillary Clinton’s selective “I am deeply troubled” comments. In This Election Year of Our Lord of 2012.

Cheers
mhg



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Algeria Refuses to Help Blockade of Iran, Saudis Pissed……….

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Algeria said Thursday it will not boost crude oil exports in the event Iran suddenly cuts supplies to Europe after the EU imposed new sanctions on Tehran over its nuclear drive. “We have a programme in place that won’t be modified,” Energy Minister Youcef Yousfi told Algerian news service APS. EU foreign ministers agreed Monday on an immediate ban on oil imports and a phase-out of existing contracts up to July 1, as the West ramped up the pressure over Tehran’s nuclear activities and urged it to return to talks. However, Iran’s parliament is expected to consider next week a bill to ban oil exports to Europe much sooner, a move that could potentially raise prices………

An article in the Saudi daily al-Hayat (owned by prince Khaled Bin Sultan) called Algeria a shumooliyya “totalitarian” state yesterday. That was the first time they call any Arab regime other than Libya and Syria by that epithet. They don’t do that unless they have a royal or princely green light, as part of state policy. I am not sure if this is related to the refusal of Algeria to join the Western blockade against Iran (unlike the Saudis). Yet it probably is: for a Saudi newspaper owned by a prince (they are all owned by princes or their retainers) to call anyone (bar none, well, maybe except North Korea) a “totalitarian” and undemocratic regime is a stretch. After all, this is the Absolute Tribal Polygamous Democratic People’s Kingdom of (Saudi) Arabia.
Cheers
mhg



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Oh No, another Iranian-Hezbollah-Turkish-Kurdish Embassy Plot Uncovered……..

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Intelligence units have warned that the Quds Force, a special unit of Iran’s Revolutionary Guard, plans to send a group to Turkey to carry out a series of demonstrations that may include a bomb attack on the Embassy or Consulate General of the United States. The Turkish Security General Directorate (EGM) has warned police departments in all 81 Turkish provinces that they must be vigilant and remain alert to the existence of such a threat. The intelligence pertaining to the possibility of such an attack was delivered in a secret letter to the information department at Turkey’s General Directorate of Security. The written statement indicates that a team linked to Iran’s Revolutionary Guard will be sent to Turkey and that it may be planning to bomb the US embassy or consulate general in the country. The Quds Force is infamous for its role in attempting to export Iran’s revolution to other countries through the instigation of chaos and by acting as the overseas branch of the Iranian Revolutionary Guard Corp.……….

Haaretz (Israel) has also pulled a rabbit out of its hat by adding Hezbollah to the mix, claiming that Iran’s Lebanese ally was to take part in the plot. The Turkish newspaper Zaman report makes no mention of Hezbollah, but maybe some federal district judge in New York or Washington DC will implicate them, as usual. They may throw in al-Qaeda as co-conspirators for good measure (Saddam Hussein is dead). No mention of a Mexican drug cartel connection, nor anything about Mr. Adel al-Jubair or a Venezuelan hand.

Clearly Republican 2012 candidates for POTUS don’t read the Turkish press, not even Rick Perry or Newt Gingrich. Otherwise the GOP would have called for an immediate declaration of war on all Muslims, including Mr. Perry’s pals in the terrorist Turkish government.
Secretary of State Hillary Clinton, no doubt, will take the opportunity to declare herself ‘disturbed’ by this ‘disturbing’ report.

An attack on an embassy is a serious act, nearly as much an act of war as blockading a country and preventing its exports and imports, surrounding it with warships and fleets and military bases. And threatening to bomb it. That is why it is highly unlikely that this story is true: the Iranians are not that stupid, or are they?
Cheers
mhg



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