Will the Minsk Agreement hold? Probably not. The West, the US in particular, has too much at stake in desiring its failure, and if Obama-Nuland style gamesmanship/adventurism is up to the mark, expect not-so-subtle sabotage and the resumption of hostilities. By Norman Pollack This is madness like not before. Neither Kennan nor Kissinger would have … Continue reading
“Barclays Africa Group Ltd.’s corporate and investment banking unit has approached Nigerian authorities for approval to convert its representative office to a fully-fledged business in the continent’s biggest economy” Bloomberg reported today. The whole process to obtain the Nigerian licence may take around 12 months. Currently the following banks have operating licences in Nigeria: Standard … Continue reading
This is just the beginning of the oil crisis. By Michael Snyder Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks … Continue reading
Syria has filed an application for an observer status at the Shanghai Cooperation Organization (SCO), Russian Presidential Envoy for SCO Affairs and Director of the Foreign Ministry’s Department for Asian and Pacific Cooperation Bakhtier Khakimov said on Friday, TASS reports. “The issue of the Organization’s expansion is a topic we are currently working on,” the … Continue reading