French detectives join investigation into Total CEO’s death

Russian Prosecutor General’s Office agreed on French detectives to participate in a probe of the crash of a French jet Falcon at Moscow airport Vnukovo in which France’s oil giant Total CEO Christophe de Margerie died, spokesperson of the Prosecutor General’s Office Marina Gridneva told TASS.

“The Prosecutor General’s Office has granted the French partners’ request on their coming to Russia to participate in the investigation of the criminal case opened over the oil major Total CEO’s fatal jet crash at Moscow’s Vnukovo airport on October 20,” she said.

During the takeoff at Vnukovo airport on Monday night, the Dassault Falcon business jet, bound for Paris, collided with a snowplow, caught fire and fell onto the runway. All the people on board died in the crash.

The field stage of the Falcon jet crash investigation was completed on Thursday. A chief investigator with the Interstate Aviation Committee reported the results of the field stage.

The crew of the French Falcon jet that crashed in Moscow’s Vnukovo airport on Monday night noticed the snowplow just 14 seconds before takeoff.

A trainee air traffic controller supervised by instructor was guiding Falcon at Vnukovo before crash. All systems of Falcon jet were properly functioning until crash.

The collision of the snowplow and Falcon jet occurred on an intersection of runway strips. The runway strip was free when takeoff authorization was given. Falcon’s speed was about 250 km/h when it crashed with the snowplow.

All fragments of the jet have been collected from the crash site. A thorough examination of the fuselage, collected fragments and fuel is still to be conducted in the future.

A Moscow court on Thursday ruled that the prime suspect in the case. Vladimir Martynenko, a snowplow operator who allegedly caused the crash of the French Falcon jet, remains in detention until December 21.

The court ruled in favor of the prosecution after preliminary medical examination results were announced that Martynenko was drunk at the moment of the crash.

Russia’s Investigative Committee spokesman said the level of alcohol found in Martynenko’s blood was 0,6.

Medical tests show that four staff members of Moscow’s Vnukovo-3 airport detained in connection with the Falcon jet crash were sober, the official spokesman of Russia’s Investigative Committee said on Thursday.

Russia loses an oil ally

Christophe de Margerie’s last act as chief executive officer of Total SA (FP) left no room for doubt about his feelings toward Vladimir Putin’s Russia.

In a Moscow speech hours before the plane crash that took his life two days ago, de Margerie said U.S. and European Union sanctions on the country were “unfair and unproductive,” and that he opposed efforts to render it “isolated from the major global economic and political process.”

Appearing before a receptive audience that included Prime Minister Dmitry Medvedev and a host of Russian executives, he cited his work as co-chair of a Franco-Russian business body alongside Gennady Timchenko — a commodities billionaire who was one of the first targets of U.S. sanctions.

De Margerie’s death removes from the scene a businessman who rarely shied away from geopolitical debates and became one of Russia’s most outspoken allies in its efforts to avoid economic quarantine, willing to say what others only dared think. Although European corporate giants from Siemens AG to Renault SA (RNO) have built close relationships with Russia, most business leaders have preferred to keep their lobbying private to avoid offending governments committed to punishing Putin.

“Christophe was an extraordinary individual who had nurtured his relationships with Russia and many other international players on a person-to-person basis,” said John Hofmeister, former U.S. president of Royal Dutch Shell Plc and now CEO of advocacy group Citizens for Affordable Energy. “The major players in Russia operate at multiple levels of visibility. Christophe was singular in his approach.”

Good Reason

De Margerie, 63, had good reason to oppose efforts to fray Russia’s economic ties with other major economies in the wake of the simmering civil war in the Ukraine. Under his leadership, Total bet big on the world’s largest country by landmass, partnering with OAO Novatek (NVTK) to develop an Arctic gas-export terminal and hunting with OAO Lukoil (LKOD) for so-called tight oil deposits in Siberia.

Since taking over as CEO in 2007, De Margerie repeatedly told audiences at the endless conferences he attended around the world that meeting the growth in global energy demand would be impossible without Russia’s vast reserves.

After buying a stake in Novatek, Russia in 2013 became Total’s biggest source of production after Nigeria, the United Arab Emirates and Norway, providing about 9 percent of its daily oil output.

The CEO made clear his displeasure with sanctions shortly after they were imposed earlier this year. Total made plans in April to raise its stake in Novatek just weeks after the U.S. moved to freeze the assets of Timchenko, the company’s second-largest shareholder.

Business Conclave

In May, de Margerie traveled to the annual St. Petersburg Economic Forum, an annual business conclave convened by Putin and shunned by American executives at the urging of President Barack Obama’s administration.

In a letter expressing his condolences after de Margerie’s death, Lukoil CEO Vagit Alekperov said the Frenchman had “remained an example of honor, steadfastly defending the principles of an honest partnership with Russia.”

De Margerie and Alekperov had signed an agreement to work together in Russia at the St. Petersburg event.

Although other major oil companies have also worked to develop partnerships in Russia, which has the world’s largest proven oil and gas reserves, none has advocated as forcefully against isolation as Total.

De Margerie “said out loud what many didn’t dare,” said Laurence Parisot, former head of France’s employers federation Medef. He was never afraid to criticize anyone, from the president of France down, she said. “One of his exceptional characteristics was that he was very direct, very clear and very frank in all settings.”

Exxon Mobil

BP Plc (BP/) CEO Bob Dudley, whose company owns 20 percent of state-backed oil producer OAO Rosneft (ROSN), in July described sanctions as “a matter for governments to resolve.” Exxon Mobil Corp. (XOM) CEO Rex Tillerson has consistently declined to comment publicly on the measures, which have forced the world’s largest private oil producer to suspend Arctic exploration alongside Rosneft.

“In defending investment in Russia it’s likely de Margerie was driven by an economic rationale which will survive him,” Alex Griffiths, head of natural resources and commodities at Fitch Ratings, said by telephone from London. “A lot of western companies have major stakes in Russia because of the huge reserves there.”

The U.S. and European governments have said Putin is backing separatist rebels in the east of Ukraine, who this week skirmished with the Ukrainian army in and around Donetsk. Putin has denied supporting the militants.

Oil Search

Russia wasn’t the first controversial country that De Margerie, always on the hunt for new sources of oil and gas, sought to do business with even at the risk of political opprobrium. Total was working on developing the giant South Pars natural gas project in Iran until sanctions designed to halt its nuclear program drove the company to pull out in 2009.

This year de Margerie said he’d like to re-enter the country as soon as political conditions allow. He met with Iranian president Hassan Rouhani along with other energy CEOs in Davos, Switzerland.

Total’s press office wasn’t available to comment beyond a statement earlier today that the company’s board would meet in Paris to consider the appointment of a new CEO.

De Margerie and other Total executives “saw the world as a place they should be operating, not their own countries or their own continents,” James Hackett, the former CEO of Anadarko Petroleum (APC) Corp., said today. “He never reverted to a focus on financial engineering as opposed to finding resources.”

Yamal Development

De Margerie’s determination to keep pumping more oil and gas drove him in recent weeks to say he was “doing everything” to keep his signature Russian project on track, the $27 billion Yamal gas development. After U.S. sanctions barred the project from receiving loans in dollars, he said the company and its partners would look to Chinese banks to fill the gap.

Explaining his stance on Russia in May of this year, de Margerie told reporters he believed economic sanctions were an ineffective way to resolve conflicts between countries. Businesses, he argued, could serve as diplomatic intermediaries in political disputes, and “the relationship between politics and companies is a good way to calm things.”

Source: Bloomberg

How to start a war and lose an empire

By Dmitry Orlov

A year and a half I wrote an essay on how the US chooses to view Russia, titled The Image of the Enemy. I was living in Russia at the time, and, after observing the American anti-Russian rhetoric and the Russian reaction to it, I made some observations that seemed important at the time. It turns out that I managed to spot an important trend, but given the quick pace of developments since then, these observations are now woefully out of date, and so here is an update.

At that time the stakes weren’t very high yet. There was much noise around a fellow named Magnitsky, a corporate lawyer-crook who got caught and died in pretrial custody. He had been holding items for some bigger Western crooks, who were, of course, never apprehended. The Americans chose to treat this as a human rights violation and responded with the so-called “Magnitsky Act” which sanctioned certain Russian individuals who were labeled as human rights violators. Russian legislators responded with the “Dima Yakovlev Bill,” named after a Russian orphan adopted by Americans who killed him by leaving him in a locked car for nine hours. This bill banned American orphan-killing fiends from adopting any more Russian orphans. It all amounted to a silly bit of melodrama.

But what a difference a year and a half has made! Ukraine, which was at that time collapsing at about the same steady pace as it had been ever since its independence two decades ago, is now truly a defunct state, with its economy in free-fall, one region gone and two more in open rebellion, much of the country terrorized by oligarch-funded death squads, and some American-anointed puppets nominally in charge but quaking in their boots about what’s coming next. Syria and Iraq, which were then at a low simmer, have since erupted into full-blown war, with large parts of both now under the control of the Islamic Caliphate, which was formed with help from the US, was armed with US-made weapons via the Iraqis. Post-Qaddafi Libya seems to be working on establishing an Islamic Caliphate of its own. Against this backdrop of profound foreign US foreign policy failure, the US recently saw it fit to accuse Russia of having troops “on NATO’s doorstep,” as if this had nothing to do with the fact that NATO has expanded east, all the way to Russia’s borders. Unsurprisingly, US–Russia relations have now reached a point where the Russians saw it fit to issue a stern warning: further Western attempts at blackmailing them may result in a nuclear confrontation.

The American behavior throughout this succession of defeats has been remarkably consistent, with the constant element being their flat refusal to deal with reality in any way, shape or form. Just as before, in Syria the Americans are ever looking for moderate, pro-Western Islamists, who want to do what the Americans want (topple the government of Bashar al Assad) but will stop short of going on to destroy all the infidel invaders they can get their hands on. The fact that such moderate, pro-Western Islamists do not seem to exist does not affect American strategy in the region in any way.

Similarly, in Ukraine, the fact that the heavy American investment in “freedom and democracy,” or “open society,” or what have you, has produced a government dominated by fascists and a civil war is, according to the Americans, just some Russian propaganda. Parading under the banner of Hitler’s Ukrainian SS division and anointing Nazi collaborators as national heroes is just not convincing enough for them. What do these Nazis have to do to prove that they are Nazis, build some ovens and roast some Jews? Just massacring people by setting fire to a building, as they did in Odessa, or shooting unarmed civilians in the back and tossing them into mass graves, as they did in Donetsk, doesn’t seem to work. The fact that many people have refused to be ruled by Nazi thugs and have successfully resisted them has caused the Americans to label them as “pro-Russian separatists.” This, in turn, was used to blame the troubles in Ukraine on Russia, and to impose sanctions on Russia. The sanctions would be reviewed if Russia were to withdraw its troops from Ukraine. Trouble is, there are no Russian troops in Ukraine.

Note that this sort of behavior is nothing new. The Americans invaded Afghanistan because the Taleban would not relinquish Osama Bin Laden (who was a CIA operative) unless Americans produced evidence implicating him in 9/11—which did not exist. Americans invaded Iraq because Saddam Hussein would not relinquish his weapons of mass destruction—which did not exist. They invaded Libya because Muammar Qaddafi would not relinquish official positions—which he did not hold. They were ready to invade Syria because Bashar al Assad had used chemical weapons against his own people—which he did not do. And now they imposed sanctions on Russia because Russia had destabilized and invaded Ukraine—which it did not do either. (The US did that.)

The sanctions against Russia have an additional sort of unreality to them, because they “boomerang” and hurt the West while giving the Russian government the impetus to do what it wanted to do all along. The sanctions infringed on the rights of a number of Russian businessmen and officials, who promptly yanked their money out of Western banks, pulled their children out of Western schools and universities, and did everything else they could to demonstrate that they are good patriotic Russians, not American lackeys. The sanctions affected a number of Russian energy companies, cutting them off from Western sources of technology and financing, but this will primarily hurt the earnings of Western energy companies while helping their Chinese competitors. There were even some threats to cut Russia off from the SWIFT system, which would have made it quite difficult to transfer funds between Russia and the West, but what these threats did instead was to give Russia the impetus to introduce its own RUSSWIFT system, which will include even Iran, neutralizing future American efforts at imposing financial restrictions.

The sanctions were meant to cause economic damage, but Western efforts at inflicting short-term economic damage on Russia are failing. Coupled with a significant drop in the price of oil, all of this was supposed to hurt Russia fiscally, but since the sanctions caused the Ruble to drop in tandem, the net result on Russia’s state finances is a wash. Oil prices are lower, but then, thanks in part to the sanctions, so is the Ruble, and since oil revenues are still largely in dollars, this means that Russia’s tax receipts are at roughly the same level at before. And since Russian oil companies earn dollars abroad but spend rubles domestically, their production budgets remain unaffected.

The Russians also responded by imposing some counter-sanctions, and to take some quick steps to neutralize the effect of the sanctions on them. Russia banned the import of produce from the European Union—to the horror of farmers there. Especially hurt were those EU members who are especially anti-Russian: the Baltic states, which swiftly lost a large fraction of their GDP, along with Poland. An exception is being made for Serbia, which refused to join in the sanctions. Here, the message is simple: friendships that have lasted many centuries matter; what the Americans want is not what the Americans get; and the EU is a mere piece of paper. Thus, the counter-sanctions are driving wedges between the US and the EU, and, within the EU, between Eastern Europe (which the sanctions are hurting the most) and Western Europe, and, most importantly, they drive home the simple message that the US is not Europe’s friend.

There is something else going on that is going to become more significant in the long run: Russia has taken the hint and is turning away from the West and toward the East. It is parlaying its open defiance of American attempts at world domination into trade relationships throughout the world, much of which is sick and tired of paying tribute to Washington. Russia is playing a key role in putting together an international banking system that circumvents the US dollar and the US Federal Reserve. In these efforts, over half the world’s territory and population is squarely on Russia’s side and cheering loudly. Thus, the effort to isolate Russia has produced the opposite of the intended result: it is isolating the West from the rest of the world instead.

In other ways, the sanctions are actually being helpful. The import ban on foodstuffs from EU is a positive boon to domestic agriculture while driving home a politically important point: don’t take food from the hands of those who bite you. Russia is already one of the world’s largest grain exporters, and there is no reason why it can’t become entirely self-sufficient in food. The impetus to rearm in the face of NATO encroachment on Russian borders (there are now US troops stationed in Estonia, just a short drive from Russia’s second-largest city, St. Petersburg) is providing some needed stimulus for industrial redevelopment. This round of military spending is being planned a bit more intelligently than in the Soviet days, with eventual civilian conversion being part of the plan from the very outset. Thus, along with the world’s best jet fighters, Russia is likely to start building civilian aircraft for export and competing with Airbus and Boeing.

But this is only the beginning. The Russians seem to have finally realized to what extent the playing field has been slanted against them. They have been forced to play by Washington’s rules in two key ways: by bending to Washington’s will in order to keep their credit ratings high with the three key Western credit rating agencies, in order to secure access to Western credit; and by playing by the Western rule-book when issuing credit of their own, thus keeping domestic interest rates artificially high. The result was that US companies were able to finance their operations more cheaply, artificially making them more competitive. But now, as Russia works quickly to get out from under the US dollar, shifting trade to bilateral currency arrangements (backed by some amount of gold should trade imbalances develop) it is also looking for ways to turn the printing press to its advantage. To date, the dictat handed down from Washington has been: “We can print money all we like, but you can’t, or we will destroy you.” But this threat is ringing increasingly hollow, and Russia will no longer be using its dollar revenues to buy up US debt. One proposal currently on the table is to make it impossible to pay for Russian oil exports with anything other than rubles, by establishing two oil brokerages, one in St. Petersburg, the other, seven time zones away, in Vladivostok. Foreign oil buyers would then have to earn their petro-rubles the honest way—through bilateral trade—or, if they can’t make enough stuff that the Russians want to import, they could pay for oil with gold (while supplies last). Or the Russians could simply print rubles, and, to make sure such printing does not cause domestic inflation, they could export some inflation by playing with the oil spigot and the oil export tariffs. And if the likes of George Soros decides to attack the ruble in an effort to devalue it, Russia could defend its currency simply by printing fewer rubles for a while—no need to stockpile dollar reserves.

So far, this all seems like typical economic warfare: the Americans want to get everything they want by printing money while bombing into submission or sanctioning anyone who disobeys them, while the rest of the world attempts to resist them. But early in 2014 the situation changed. There was a US-instigated coup in Kiev, and instead of rolling over and playing dead like they were supposed to, the Russians mounted a fast and brilliantly successful campaign to regain Crimea, then successfully checkmated the junta in Kiev, preventing it from consolidating control over the remaining former Ukrainian territory by letting volunteers, weapons, equipment and humanitarian aid enter—and hundreds of thousands of refugees exit—through the strictly notional Russian-Ukrainian border, all the while avoiding direct military confrontation with NATO. Seeing all of this happening on the nightly news has awakened the Russian population from its political slumber, making it sit up and pay attention, and sending Putin’s approval rating through the roof.

The “optics” of all this, as they like to say at the White House, are rather ominous. We are coming up on the 70th anniversary of victory in World War II—a momentous occasion for Russians, who pride themselves on defeating Hitler almost single-handedly. At the same time, the US (Russia’s self-appointed arch-enemy) has taken this opportunity to reawaken and feed the monster of Nazism right on Russia’s border (inside Russia’s borders, some Russians/Ukrainians would say). This, in turn, makes the Russians remember Russia’s unique historical mission is among the nations of the world: it is to thwart all other nations’ attempts at world domination, be it Napoleonic France or Hitleresque Germany or Obamaniac America. Every century or so some nation forgets its history lessons and attacks Russia. The result is always the same: lots of corpse-studded snowdrifts, and then Russian cavalry galloping into Paris, or Russian tanks rolling into Berlin. Who knows how it will end this time around? Perhaps it will involve polite, well-armed men in green uniforms without insignia patrolling the streets of Brussels and Washington, DC. Only time will tell.

You’d think that Obama has already overplayed his hand, and should behave accordingly. His popularity at home is roughly the inverse of Putin’s, which is to say, Obama is still more popular than Ebola, but not by much. He can’t get anything at all done, no matter how pointless or futile, and his efforts to date, at home and abroad, have been pretty much a disaster. So what does this social worker turned national mascot decide to do? Well, the way the Russians see it, he has decided to declare war on Russia! In case you missed it, look up his speech before the UN General Assembly. It’s up on the White House web site. He placed Russia directly between Ebola and ISIS among the three topmost threats facing the world. Through Russian eyes his speech reads as a declaration of war.

It’s a new, mixed-mode sort of war. It’s not a total war to the death, although the US is being rather incautious by the old Cold War standards in avoiding a nuclear confrontation. It’s an information war—based on lies and unjust vilification; it’s a financial and economic war—using sanctions; it’s a political war—featuring violent overthrow of elected governments and support for hostile regimes on Russia’s borders; and it’s a military war—using ineffectual but nevertheless insulting moves such as stationing a handful of US troops in Estonia. And the goals of this war are clear: it is to undermine Russia economically, destroy it politically, dismember it geographically, and turn it into a pliant vassal state that furnishes natural resources to the West practically free of charge (with a few hand-outs to a handful of Russian oligarchs and criminal thugs who play ball). But it doesn’t look like any of that is going to happen because, you see, a lot of Russians actually get all that, and will choose leaders who will not win any popularity contests in the West but who will lead them to victory.

Given the realization that the US and Russia are, like it or not, in a state of war, no matter how opaque or muddled, people in Russia are trying to understand why this is and what it means. Obviously, the US has seen Russia as the enemy since about the time of the Revolution of 1917, if not earlier. For example, it is known that after the end of World War II America’s military planners were thinking of launching a nuclear strike against the USSR, and the only thing that held them back was the fact that they didn’t have enough bombs, meaning that Russia would have taken over all of Europe before the effects of the nuclear strikes could have deterred them from doing so (Russia had no nuclear weapons at the time, but lots of conventional forces right in the heart of Europe).

But why has war been declared now, and why was it declared by this social worker turned national misleader? Some keen observers mentioned his slogan “the audacity of hope,” and ventured to guess that this sort of “audaciousness” (which in Russian sounds a lot like “folly”) might be a key part of his character which makes him want to be the leader of the universe, like Napoleon or Hitler. Others looked up the campaign gibberish from his first presidential election (which got silly young Americans so fired up) and discovered that he had nice things to say about various cold warriors. Do you think Obama might perhaps be a scholar of history and a shrewd geopolitician in his own right? (That question usually gets a laugh, because most people know that he is just a chucklehead and repeats whatever his advisers tell him to say.) Hugo Chavez once called him “a hostage in the White House,” and he wasn’t too far off. So, why are his advisers so eager to go to war with Russia, right now, this year?

Is it because the US is collapsing more rapidly than most people can imagine? This line of reasoning goes like this: the American scheme of world domination through military aggression and unlimited money-printing is failing before our eyes. The public has no interest in any more “boots on the ground,” bombing campaigns do nothing to reign in militants that Americans themselves helped organize and equip, dollar hegemony is slipping away with each passing day, and the Federal Reserve is fresh out of magic bullets and faces a choice between crashing the stock market and crashing the bond market. In order to stop, or at least forestall this downward slide into financial/economic/political oblivion, the US must move quickly to undermine every competing economy in the world through whatever means it has left at its disposal, be it a bombing campaign, a revolution or a pandemic (although this last one can be a bit hard to keep under control). Russia is an obvious target, because it is the only country in the world that has had the gumption to actually show international leadership in confronting the US and wrestling it down; therefore, Russia must be punished first, to keep the others in line.

I don’t disagree with this line of reasoning, but I do want to add something to it.

First, the American offensive against Russia, along with most of the rest of the world, is about things Americans like to call “facts on the ground,” and these take time to create. The world wasn’t made in a day, and it can’t be destroyed in a day (unless you use nuclear weapons, but then there is no winning strategy for anyone, the US included). But the entire financial house of cards can be destroyed rather quickly, and here Russia can achieve a lot while risking little. Financially, Russia’s position is so solid that even the three Western credit ratings agencies don’t have the gall to downgrade Russia’s rating, sanctions notwithstanding. This is a country that is aggressively paying down its foreign debt, is running a record-high budget surplus, has a positive balance of payments, is piling up physical gold reserves, and not a month goes by that it doesn’t sign a major international trade deal (that circumvents the US dollar). In comparison, the US is a dead man walking: unless it can continue rolling over trillions of dollars in short-term debt every month at record-low interest rates, it won’t be able to pay the interest on its debt or its bills. Good-bye, welfare state, hello riots. Good-bye military contractors and federal law enforcement, hello mayhem and open borders. Now, changing “facts on the ground” requires physical actions, whereas causing a financial stampede to the exits just requires somebody to yell “Boo!” loudly and frighteningly enough.

Second, it must be understood that at this point the American ruling elite is almost entirely senile. The older ones seem actually senile in the medical sense. Take Leon Panetta, the former Defense Secretary: he’s been out flogging his new book, and he is still blaming Syria’s Bashar al Assad for gassing his own people! By now everybody else knows that that was a false flag attack, carried out by some clueless Syrian rebels with Saudi help, to be used as an excuse for the US to bomb Syria—you know, the old “weapons of mass destruction” nonsense again. (By the way, this kind of mindless, repetitive insistence on a fake rationale seems like a sure sign of senility.) That plan didn’t work because Putin and Lavrov intervened and quickly convinced Assad to give up his useless chemical weapons stockpile. The Americans were livid. So, everybody knows this story—except Panetta. You see, once an American official starts lying, he just doesn’t know how to stop. The story always starts with a lie, and, as facts emerge that contradict the initial story, they are simply ignored.

So much for the senile old guard, but what about their replacements? Well, the poster boy for the young ones is Hunter Biden, the VP’s son, who went on a hookers-and-blow tour of Ukraine last summer and inadvertently landed a seat on the board of directors of Ukraine’s largest natural gas company (which doesn’t have much gas left). He just got outed for being a coke fiend. In addition to the many pre-anointed ones, like the VP’s son, there are also many barns full of eagerly bleating Ivy League graduates who have been groomed for jobs in high places. These are Prof. Deresiewicz’s “Excellent Sheep.”

There just isn’t much that such people, young or old, can be made to respond to. International embarrassment, military defeat, humanitarian catastrophe—all these things just bounce off them and stick to you for bringing them up and being overly negative about their rose-colored view of themselves. The only hit they can actually feel is a hit to the pocketbook.

Which brings us all the way back to my first point: “Boo!”

Dmitry Orlov is currently working on a new book that will be out later this year. Orlov says, “The new book is about communities and what makes them resistant to adverse events such as financial collapse.” Orlov adds, “The U.S., as a whole, is not resistant to shocks, but some parts of America are.” You can find Dmitry Orlov at ClubOrlov.com.

Swedish forces issue false info on foreign submarine

On Sunday, Sweden’s Armed Forces released a photograph of an object, suspected to be a foreign submarine in the Stockholm archipelago and a map, allegedly showing where the photo was taken.

The area of the sighting was reported to be Jungfrufjärden, a fjard near the settlement of Dalarö south of Stockholm.

However, an investigation carried out by Sweden’s public broadcaster SVT showed that no locations in the area matched the photograph.

After being confronted by the SVT’s journalists, Swedish forces admitted issuing false information to avoid “helping foreign powers”.

“In retrospect, I should have been clearer during the press conference that I was showing a map with the approximate positions because I did not wish to reveal any exact positions with regard to the operation,” deputy operational director Anders Grenstad said late Monday.

Swedish forces first launched a major operation off the coast of Stockholm on Friday after receiving information, reportedly from a civilian, about the presence of an unknown underwater object in the region, suspected to be a foreign submarine.

More suspects to emerge after Total’s CEO death

New suspects are likely to emerge in the ongoing Russian investigation into the accident in Moscow’s Vnukovo airport that killed the CEO of French oil giant Total, a Russian Investigative Committee spokesman told RIANovosti on Tuesday.

“Although first suspects have already been identified in the case, it is evident that the negligent behavior of perpetrators was, naturally, overlooked by the upper management, whose actions or inaction will undoubtedly undergo a proper legal scrutiny, and we do not rule out more detentions in this case,” Vladimir Markin said.

“Moreover, investigators will take measures soon to suspend some airport officials, who may hinder the investigation, from official duty,” the spokesman added.

Russia’s Investigative Committee will legally assess the actions of the leadership of the air company over the crash of the Falcon plane with Total CEO Christophe de Margerie on board, Investigative Commitee spokesman Vladimir Markin told TASS.

The chief executive of French oil major Total was killed when a business jet collided with a snow plough during takeoff at Moscow’s Vnukovo International Airport, the company and airport officials said.
The collision occurred late on Monday, minutes before midnight Moscow time, the airport said in a statement. The Dassault Falcon business jet carrying de Margerie was heading to Paris, Reuters reported.

“The investigators will soon take measures to suspend from office a number of airport staff members who may impede the investigation. Despite the appearance of the first suspects in the case, it is also obvious that senior managers of the air company the action and inaction of which will be legally assessed during the investigation, are behind the negligent conduct of the persons directly responsible for the incident,” he said.

Markin did not rule out that more suspects may be detained during the criminal case investigation.

Investigators confiscated all video and audio recordings from the crash scene of the private Falcon-300 jet to establish those responsible for the tragic incident.

The driver of the snowplow that collided with the jet that crashed at a Moscow airport killing all four people on board, has been detained for 48 hours. The driver was drunk at the time of the accident when the snowplow he was operating crashed into the four-seat Falcon-300 airplane, which caught fire and fell onto the runway. Three crewmembers and France’s oil giant Total CEO Christophe de Margerie died in the jet’s crash.

The French Air Accident Bureau (BEA) has sent its experts to Moscow who will join the Interstate Aviation Committee (IAC) investigating the circumstances of the death of Total CEO Christophe de Margerie.
A team of three investigators is due to arrive in Russia soon, the Agence France-Presse reported on Tuesday.

The Paris Prosecutor General’s Office has opened a criminal case into “involuntary manslaughter” following the tragic death of the Total CEO.

Total CEO dies in crash at Moscow airport

French oil giant Total’s prices on the Euronext stock exchange dropped 2 percent after the death of the company’s CEO in a plane crash in Moscow, the market reported Tuesday.

On the Euronext Exchange, Total’s stocks dropped by 2 percent on the Paris market after news from Moscow verified that CEO Christophe de Margerie had died in a crash with a snowplow on the runway of Vnukovo Airport late Monday night, killing all four individuals on board the aircraft.

Russian investigators have confirmed that the driver of the snowplow was drunk.

The Falcon 50 jet crashed late Monday night in the Vnukovo-3 Airport in Moscow after the aircraft hit a snow removal vehicle on takeoff. The aircraft was flying from Moscow to Paris with energy giant Total’s head Christophe de Margerie as the only passenger on board besides three crew members, also French citizens.

Russian President Vladimir Putin has sent a telegram to his French counterpart Francois Hollande expressing condolences over the death of Total’s CEO and crew members

“I am shocked by the report of an air crash at the Moscow Vnukovo airport, which has led to the death of the chairman of the board of directors and the president of the Total oil concern, Christophe de Margerie, and the crew members,” Putin said in the telegram.
“I ask you to convey the most sincere condolences and regrets to the relatives and friends of Christophe de Margerie, a distinguished French businessman who stood at the origins of the major joint projects which have laid the basis for the fruitful cooperation between Russia and France in the energy sphere for many years,” the telegram reads.
The president’s press secretary Dmitry Peskov said Putin knew Margerie and maintained close working contacts with him. The president highly valued Margerie’s business qualities and his consistent commitment to the development of Russian-French relations and mutually beneficial cooperation on the whole, Peskov said.

Russia’s former finance minister Alexey Kudrin said on his page in Twitter Christophe de Margerie did a great deal in order to promote investments in the Russian economy. Kudrin also offered condolences over Margerie’s death in the crash.

“It is a grave tragedy,” he said.

De Margerie, who joined the French oil giant in 1974, has been credited with significantly expanding the company’s operations in Russia, which accounted for about nine percent of Total’s oil and gas output in 2013.

The late Total CEO was an outspoken critic of Western sanctions imposed on Russia over its involvement in the Ukrainian crisis.

In July, he told Reuters news agency that Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer.

Total said last month that sanctions would not halt its involvement in the so-called Yamal project, a $27 billion joint venture investment to tap vast natural gas reserves in northwest Siberia.

President Putin welcomes collective human rights

By Wayne Madsen

Russian President Vladimir Putin has redefined the cause of international human rights to include the concept of «collective human rights». Putin rightly argues that in addition to individual human rights, which are being used by various special interests to advance such «boutique causes» as rights got lesbians, gays, bisexuals, transsexuals, pedophiles [as seen recently by the German Green Party’s defense of members of Green Party-run pedophile communes], groups of people have the right to protect their social, religious, linguistic, and cultural identities against forces that seek to undermine such distinctions.

In recent years, the interventionists of the U.S. State Department, backed by George Soros and his ilk, have sought to destroy the character of various aspirant nations and ethnically- and linguistically-based regions that have striven for cultural and social independence. Putin has recognized such besieged peoples and that him to recognize the independence of the Republics of South Ossetia and Abkhazia from the CIA- and Soros-infested Republic of Georgia; the autonomy of and referendum in Crimea that saw it reunite with Russia; and the right of Nagorno-Karabakh, Transnistria, and Novorossiya to determine their own futures without oppression and violence directed from Azerbaijan, Moldova/Romania; and Ukraine, respectively.

Putin has international law on his side in his argument that collective human rights do, in fact, exist. Such rights were outlined in the 1948 Universal Declaration of Human Rights, the 1989 Convention of the International Labor Organization, and the 2007 Declaration on the Rights of Indigenous Peoples.

In June of this year, the United Nations Human Rights Council voted in favor of a resolution that recognized group human rights. The global homosexual lobby, as represented by the U.S. State Department, Soros-funded NGOs, and such media outlets as The Daily Beast, cried foul. They claim there are no collective human rights, only individual human rights with an overarching focus on gay rights. The U.S. position that there are no «traditional values» associated with human rights was rejected in a council vote of 26 for, 14 against, with 6 abstentions.

Voting with Russia and against the United States was South Africa, India, Indonesia, Philippines, and Vietnam, nations with religious majorities and minorities that are constitutionally protected from domestic or foreign dictates that they submit to the whims of the globalized special interests of Soros and his lackeys within the State Department. Other nations that voted with Russia included Algeria, Benin, Botswana, Burkina Faso, China, Congo, Cote d’Ivoire, Ethiopia, Gabon, Kazakhstan, Kenya, Kuwait, Maldives, Morocco, Namibia, Pakistan, Sierra Leone, and Venezuela. The Soros NGOs and The Daily Beast cried foul and suggested that these nations did not reflect the will of the international community.

Russia stood accused by the Soros types and their State Department facilitators of opposing «diversity». Yet, Russia’s support for the rights of indigenous rights of groups to their own language, religion, and cultural and social values is at the very essence of recognizing diversity, whether it is in Abkhazia, Donetsk, the Serbian districts of the contrivance called the «Republic of Kosovo,» or the Alawite and Kurdish towns of Syria.

All the minions of Soros and the global gay lobby could do was condemn the 26 countries that voted for the collective human rights resolution as nations having «appalling» human rights records. The gay rights lobby would gloss over the dismal records of individual human rights witnessed in such «gay rights» havens as the United States, Canada, Britain, Germany, Australia, and New Zealand with their panoptic electronic surveillance societies, general acceptance of police brutality, harsh suppression of racial minorities (an issue that is ignored by many gays so long as it is racist and not homophobic-related oppression), and curtailment of free speech.

The Russia-promoted UN human rights resolution also protects children and women from sex slave trafficking. It is no surprise that The Daily Beast would condemn a resolution targeting a revolting global sexual slave trade that is largely centered in Israel. After all, The Daily Beast appears to take all of its editorial directions from the power centers of Tel Aviv and Jerusalem, along with their subservient political and financial cells in New York, London, Miami Beach, Los Angeles, and Washington, DC.

The gay lobby and its supporters are flat out wrong when they reject Putin’s doctrine of collective human rights. Enshrined in international human rights law is the «communal right of privacy,» in addition to general collective human rights, especially as they relate to the rights of indigenous people to be free of wanton exploitation and abuse by neo-colonial or economic interests. In many oppressed regions, dubiously-collected national census information has been used to forcibly assimilate and transfer indigenous populations from their historic lands.

Western corporations and interests, including those of Soros, have eagerly backed Myanmar opposition leader Aung San Suu Kyi because they realize that with her in charge of Myanmar (Burma), western exploiters will be free to displace the ethnic Shan, Kachin, Karen, and other peoples from their resource-rich lands in northern and eastern Myanmar. The Democratic Republic of Congo serves as a case in point where Western corporations have disregarded collective human rights in order to pillage native lands of their precious natural resources. The rise of the «blood diamond» industry in central and western Africa is directly linked to the blatant disregard by the West for «collective» or «group» human rights.

In the early 1990s, before the Unrepresented Nations and Peoples Organization (UNPO), an alternative «United Nations» for indigenous peoples lacking representation at the UN, was taken over by Soros-controlled NGO bureaucrats and «Eurocrats,» the organization based in The Hague conducted a survey of 32 of its then-47 members. The survey discovered that many of the UNPO peoples sat atop highly-coveted natural resources. After UNPO organization was subsumed by the global network of Soros NGOs, which saw to it that Karl von Habsburg of the Austro-Hungarian royal pretenders was appointed UNPO’s director-general, the organization no longer points out the dangers posed to indigenous peoples by unscrupulous corporations and hedge funds like those controlled by Mr. Soros and his Rothschild and Rockefeller colleagues. It was also no coincidence that Von Habsburg served in a senior executive position for the NGO World Vision, an organization with historical ties to the Central Intelligence Agency (CIA). The Hapsburg family are influential promoters of a federalized Europe that stands opposed to the concept of collective human rights as most recently seen in the European Union’s sharp opposition to Scottish and Catalonian independence. The cause of collective human rights received a sharp body blow by the takeover of UNPO by the Soros and Habsburg interests and the collapse of the Scottish and Catalonian independence movements.

The very same promoters of individual human rights, which is nothing more than State Department and Soros code for «gay rights,» would deny collective rights to Kurds, native Americans, and Asian tribal peoples because their cultures and creeds may oppose the promotion of homosexual life styles. Therefore, in the eyes of the gay movement, it is better for such groups to remain suppressed if they refuse to accept the «foreign» life styles imposed from abroad. Putin, by advancing the concept of collective human rights, has seen through the Soros and gay liberation smoke screen as he has called out their main promoters for their abject hypocrisy.

Putin visits Berlusconi

Russian President Vladimir Putin perhaps couldn’t resist an invite from his Italian chum, former Premier Silvio Berlusconi, in the early hours of Friday to his mansion in Milan, according to the WSJ.

A Russian presidential spokesman said Mr. Putin visited “his old friend” Mr. Berlusconi following an invite from the Italian politician. Mr. Berlusconi heads Italy’s biggest opposition party.

President Putin, 62, must have felt the need to relax after his meeting with Ms. Merkel at 1.36 a.m. CET on Friday. He drove off with a large police escort, which included dark limousines, to Mr. Berlusconi’s house and stayed there until roughly 3 a.m.

Putin is in Italy for peace talks with European Union leaders after Ukraine threatened the flow of natural gas. The government in Kiev wants to divert fuel for domestic use as it cannot pay for gas, Bloomberg reported.

“There are big transit risks,” Putin said yesterday in Belgrade, Serbia. If Russia sees its Ukrainian partners “are starting to siphon off our gas from the export pipeline network, we will respond by reducing flows by the amount stolen.”

Italy is the major terminal for South Stream.

The Italian EU presidency is in favour of the Russian pipeline, South Stream, which would circumvent Ukraine to bring gas to south-east Europe.

“We think South Stream should go ahead, as it would improve the diversification of gas routes to Europe,” Italy’s state secretary for EU affairs Sandro Gozi said in July during a press event in Brussels.

He echoed statements made by Italian foreign minister Federica Mogherini who visited Moscow in the same month and met with her Russian counterpart.

South Stream would deprive Ukraine of transit revenues from the gas pipelines that cross its territory and bring about 80 percent of Russian gas exports to EU countries.

It would also enable it to cut off supplies to Ukraine to exert political pressure, without affecting its EU gas clients.

Michael Gonchar, a former executive at Ukraine’s gas distribution firm, Naftogaz, told EUobserver, that, together with Nord Stream, Russia’s recently-built pipeline to Germany, South Stream would give Moscow “a 100 percent monopoly on shipments of gas to Europe from the east”.

He added that it would make it less likely that the EU will ever build a gas pipeline to the Caspian Sea, the so-called Southern Corridor, to diversify supplies.

Italian parliamentarians form ‘Friends of Putin’

A group of “Friends of Putin” is being formed in the Italian parliament.
It was an initiative of Paolo Grimoldi, an opposition member and one of leaders of the Northern League party, the press service of the house of deputies said.

The politician has already begun collecting signatures in the parliament palace and expects hundreds of supporters among deputies and senators to give their signatures.

Putin is respected by members of various political forces, despite the chatter of parties about sanctions against Russia, which the Northern League views as open madness, Italian news agency ANSA cited the legislator as saying.

In recent years, Putin’s political weight was even more clearly seen, especially if to compare with the catastrophe of Obama’s administration and others, the Italian legislator said.

The politician called for continuing traditional cooperation between Russia and Italy.

The initiative is aimed at supporting the dialogue with the trade and economic partner. It is an important gesture against the suicide blockade that will cause damage to Italian enterprises. Russia and Italy should continue dialogue and cooperation in economy and in fight against the ISIL (Islamic State), the politician said.

A few days ago, at a press conference in TASS in Moscow, Grimoldi said about the importance of maintaining Italian-Russian ties. He arrived in Russia together with the Northern League’s delegation headed by the party’s secretary Matteo Salvini.

Local observers, commenting on Grimoldi’s initiative, said it was the first reaction to President Putin’s participation in the Asia-Europe summit in Milan.

Source: ItarTASS

Hunter Biden, a drug addict helping Ukraine

Vice President Joe Biden ’s son Hunter was discharged from the Navy Reserve this year after testing positive for cocaine.

In a shocking report by the Wall Street Journal details emerged on how Hunter was public affairs officer in the Navy reserve. It goes on to say that when he arrived at a new post in Norfolk, he was administered a drugs test, which he failed.

Commander Ryan Perry told the Journal that Hunter’s discharge information was not releasable under the privacy act.

Hunter Biden, a lawyer by training who is now a managing partner at an investment company, had been commissioned as an ensign in the Navy Reserve, a part-time position. But after failing a drug test last year, his brief military career ended.

Mr. Biden, 44 years old, decided to pursue military service relatively late, beginning the direct-commission process to become a public-affairs officer in the Navy Reserve in 2012. Because of his age—43 when he was to be commissioned—he needed a waiver to join the Navy. He received a second Navy waiver because of a drug-related incident when he was a young man, according to people familiar with the matter. Military officials say such drug waivers are uncommon for ordinary citizens.

Mr. Biden was commissioned as an ensign on May 7, 2013, and assigned to Navy Public Affairs Support Element East in Norfolk, Va., a reserve unit, according to the Navy. In June 2013, after reporting to his unit in Norfolk, he was given a drug test, which turned up positive for cocaine, according to people familiar with the situation. Mr. Biden was discharged in February, the Navy said.

Mr. Biden said in a statement that it was “the honor of my life to serve in the U.S. Navy, and I deeply regret and am embarrassed that my actions led to my administrative discharge. I respect the Navy’s decision. With the love and support of my family, I’m moving forward.”

The vice president’s office declined to comment. The Navy said Mr. Biden met all of the criteria for a direct commission, but declined to provide any details of why he was discharged. “Like other junior officers, the details of Ens. Biden’s discharge are not releasable due to the Privacy Act,” Cmdr. Ryan Perry, a Navy spokesman, said.

Navy personnel who are discharged from the military because of a failed drug test don’t receive honorable discharges. Most are given an “other than honorable” or “general” discharge. It isn’t clear which discharge Mr. Biden received, and the Navy doesn’t release the discharge status of low-ranking officers or junior enlisted personnel.

After Hunter Biden joined the Navy, his stepmother said he was following in the footsteps of two of his grandfathers, who also served in the Navy.

“This year, I’m looking forward to standing with our son, Hunter, when he is commissioned as an ensign in the United States Navy,” she said in 2012.

The Washington Post reported May 2014 that Hunter had been installed as the head of legal at Ukraine’s largest private gas company.

Hunter Biden has embarked on several different professional ventures, including his recent appointment with a Ukrainian firm, that have drawn scrutiny. In May, he joined the board of the Ukrainian gas producer, Burisma Holdings Ltd., which is controlled by a former security and energy official for Ukraine’s ousted former president. The announcement that Mr. Biden would be responsible for Burisma’s legal unit raised concerns about potential conflicts of interest, because his father, the vice president, was engaged in diplomatic efforts involving Ukraine.

“This is totally based on merit,” said Burisma’s chairman, Alan Apter.

Earlier in his career, Mr. Biden worked as a lobbyist. He quit the business and resigned his partnership at a Washington firm after his father was named to join the presidential ticket in 2008.

Now, Mr. Biden is a managing partner at Rosemont Seneca Partners, an investment company. He also serves as chairman of World Food Program USA, which calls itself “a humanitarian agency fighting hunger in the world today,” and he is an adjunct assistant professor at Georgetown University.

Biden is an American citizen, as is the other new board member of Burisma, Devon Archer.

Archer works with Hunter Biden at Rosemont Seneca partners, which is half owned by Rosemont Capital, a private equity firm founded by Archer and Christopher Heinz. Heinz is the stepson of John Kerry, the American Secretary of State, closely involved in the Ukrainian putsch.

Joe Biden pledged to help Ukraine become more energy independent in the wake of its “troubles” with Russia.

The most disturbing explanation is that the company is attempting to curry favor with the U.S. government by enlisting the services of the close family friend and campaign bundler of the Secretary of the State and the son of the vice president.

The appointment of the ex-President of Poland, Aleksander Kwasniewski, who is also on Burisma’s board, as of January, makes the company look increasingly shaky.

There is a most unfortunate precedent for such a failure, which you can read about here, at some length. To sum it up: in 2006 or so, two Bidens, James Biden (future VP’s brother) and our R. Hunter Biden (future VP’s son), wildly overpaid a drug-addicted very senior Moonie for a hedge fund marketing operation that was hugely exaggerating its size and success, and turned out to be distributing ponzis, including the giant Allen Stanford ponzi, second only to Madoff, and other eyecatching frauds, such as Ponta Negra, via a sales network that included brokers with visibly very terrible FINRA records.

At the time, the vice president’s office called Hunter Biden “a private citizen” and said Joe Biden didn’t endorse any particular company. Hunter Biden didn’t return calls seeking comment on the matter.

Earlier he had said the following: “As a new member of the Board, I believe that my assistance in consulting the Company on matters of transparency, corporate governance and responsibility, international expansion and other priorities will contribute to the economy and benefit the people of Ukraine.”

Hunter is Joe Biden’s youngest son. He was involved in the car crash that claimed the life of his mother, Joe’s first wife, Neilia, in 1972.

Peace Prize winner says Ukraine not protecting their children

Nobel Peace Prize winner Kailash Satyarthi said that protecting Ukrainian citizens and especially children, 20 of whom died in bombings in September alone, is a direct responsibility of the Ukrainian authorities.

In an exclusive Saturday interview to RIA Novosti (Rossiya Segodnya) Satyarthi, who has been struggling against child labor for most of his life, and whose Bachpan Bachao Andolan (Save Childhood Movement) organization has freed over 80,000 children from various forms of servitude, the Nobel Peace Prize winner said children should not be the victims of conflict.

Satyarthi lamented on the current plight of children in Syria and Ukraine.

“Whatever happening in Syria, Ukraine, Palestine is due to political reasons but children are bearing the brunt of these crises. It’s very painful that we have not made our place safer for the children,” he said.

He urged the world community to act against these shortcomings. “So far, we have not been able to create a world where children will be safe. They are innocent and have nothing to do with violence but often they are targets. We should not only condemn it but also act against it.”

The Peace Prize recipient said it was the responsibility of the Ukrainian government to save their citizens, particularly children.

He appealed to the Ukrainian government to ensure that such incidents against children will not occur in future.

“Safety of children should be their utmost priority,” Satyarthi said.

US authorities have pursued their own goals by creating the crisis in Ukraine, blinded by violations committed by the new Ukrainian authorities, said former Assistant to the US Treasury Secretary in the Reagan administration, head of the Institute of Political Economy, Paul Craig Roberts.

According to him, the Ukrainian government is a “puppet” government.

“As you know, Washington uses the atrocities that Kiev commits against Russians in Ukraine, to push Putin for action, to make Russia send troops to protect the Russian nationals and the territories.”

Putin stresses importance of unblocking South Stream

It is important to unblock the situation around the South Stream gas pipeline that will make a weighty contribution to Europe’s energy security, Vladimir Putin said on Wednesday in an interview with the Serbian newspaper Politika.

“I feel confident this project will contribute considerably to the comprehensive energy security of Europe,” he said. “Everyone stands to gain from it – Russia and the European consumers including Serbia as well.

The problem of gas transit via Ukraine is still in place and its obvious solution is to diversify gas supply routes, Putin said.

“If we speak about further prospects of Russian gas exports to Europe, obviously, the problem of transit via the Ukrainian territory still exists,” he said. “One of the evident solutions is to diversify supplies routes.”

He stressed that Russia was ready to “continue constructive talks on those subjects”.

Also Putin hopes the European Commission (EC) will soon settle the issue of using the OPAL gas pipeline to full capacity.

“We hope that the European Commission will finally settle the issue of the full-capacity use of the OPAL gas pipeline,” he said in an interview with newspaper Politika.

South Stream gas pipeline project is expected to bring new investment to Serbia and to beef up its energy security, believes Russian President Vladimir Putin.

He said it on Wednesday in an interview with the Serbian daily Politika on the eve of his official visit to Belgrade.

“Implementation of the South Stream project should bring in no less than 2 billion to Serbia in the form of new investment and to beef up its energy security considerably,” Putin said.

South Stream is a global infrastructural project steered by Russia’s major producer and exporter of natural gas, OAO Gazprom. The pipeline that is destined to have a throughput capacity of 63 billion cubic meters /bcm/ will stretch across the floor of the Black Sea to reach the countries of Southern and Central Europe.

Its land-surface part will cross the territories of Bulgaria, Serbia, Hungary, Slovenia, and Austria.

In autumn 2013, the European Commission launched what it called an antitrust investigation targeting the South Stream, which it said stood at variance with the norms of the EU’s “third energy package”.

Earlier on Wednesday, Putin’s aide Yuri Ushakov said the South Stream project would come under discussion at the talks in Belgrade and preparations for building the Serbian section of the future pipeline were underway.

“The Serbs are making it clear that implementation of the project without consent from Brussels will be impossible in principle although they are fully ready for this /implementation/ and the project is of big interest for them,” Ushakov said.

Russian President Vladimir Putin hopes that Russian-Serbian trade will reach 2 billion dollars this year.

He said that a free trade regime existing between the two countries was contributing to steady development of Russian-Serbian economic ties.
“Our reciprocal trade turnover grew by 15% to reach 1.97 billion dollars in 2013. It grew by another 16.5% to reach 1.2 billion dollars in the first half of 2014. We hope to reach the figure of 2 billion dollars this year” Putin stressed.

Positive dynamics can be seen in the sphere of investments. The total volume of Russian capital investments in Serbia has exceeded 3 billion dollars, the bulk of which was channeled into the strategically important energy sector, Putin told Politika.

“The Naftna Industrija Srbije (NIS) oil company is a graphic example of our successful cooperation. It was a loss-making company that has turned into the main donor to the Serbian state budget,” Putin stressed.

The Russian head of state also said that the Russian Railways Company and the Russian credit support were enabling Serbia to modernize its railway infrastructure.

“I am glad that Serbian businessmen are active conquering the Russian market. For example, they are supplying quality agrarian and industrial products,” Putin stressed.

Earlier this month, Serbia suggested introducing a free trade regime for food products. According to Serbian Foreign Minister Ivica Dacic, Russia is thinking of lifting import duties for sugar, cigarettes, alcohol and poultry meat. The Russian Agriculture Ministry is considering a possibility of granting preferences to agricultural imports from Serbia.

Russia continues to regard Europeans as partners despite statements from Brussels, Russian foreign minister Sergei Lavrov said.

Source: ItarTASS

German sanctions against Russia voted on pure speculation

A German parliamentarian, who is also chairman of the German Defense Committee and former member of the Yugoslavian OCSE, says the German government had no idea whether MH17 was actually shot down.

Alexander Neu, during an interview for Rossiya Segodnya, also spoke about Germany’s proclaimed neutrality in its involvement in Ukraine.

Neu requested a deputy’s inquest from the German government concerning the Boeing which was shot down over Ukraine on September 6.

The reply has now been released to the public.

It was clear from the reply that, firstly,  the German government had no idea whether MH17 was actually shot down. Secondly, if it had been shot down, the government couldn’t answer who the responsible party was.

The Hague published its first interim report from the Dutch Safety Board two days later and it was announced that the plane was hit by a missile, but again it was not said by whom.

The territory where the plane’s debris fell was hit by mass shelling from Kiev’s artillery, rendering it highly unlikely that any new evidence would be found.

The conversations between the pilots and the dispatchers has also still not been released.

The German media however unanimously blamed Russia and, incredibly, it was on the basis of pure speculation that sanctions were leveled against the Russian Federation, since it is now certain that the Germans had no knowledge of who might have been responsible.

Neu also wonders why crucial information is not being released from the black boxes.

Andrej Hunko, another German member of parliament, asked the OSCE in Vienna recently whether the organization had appealed to the German government for German drone support.

The OSCE replied stating that they asked neither the German nor the French government for support via drones. In fact, they wanted no military support from these countries whatsoever.

When the German Defense Minister Von der Leien was confronted with these lies at a meeting of the parliamentary defense committee, Ms. Von der Leien repeated that the OSCE had asked for support, but she would give no specifics.

In other words, von der Leien is pushing the drones, even though the OSCE had not specifically asked for them.

Germany, France and the European Union, as well as the members of NATO are a part of the conflict, supporting the Kiev regime with instructors and intelligence assistance, and are not neutral observers.

Switzerland, the chairman of the OSCE, provides drones and so does Austria, since these countries are neutral.

Russia’s two largest banks plan SWIFT alternative

The two biggest banks in Russia, Sberbank and VTB, are in talks to create an alternative to the SWIFT global system for interbank financial communications, VTB head Andrey Kostin said.

According to Kostin, Russia has two options: either use the system run by the Russian Central Bank or create a new homegrown transaction platform.

“There is an alternative, we can use the Central Bank system that is already in operation, and we may make our own, we are already in discussions with Sberbank,” Kostin told reporters in Washington DC, where he is for the annual fall meetings of the International Monetary Fund (IMF) and World Bank.

However, the catch with the Central Bank’s international transaction system is the price.

“It’s expensive, in fact several times more expensive than the SWIFT payment system,” the VTB head said.

“If we create our own interbank system, which isn’t difficult at all and we are in the process of doing, it will be cheaper. And then hold talks with the Central Bank,” Kostin said.

Switching Russia off SWIFT, the Society for Worldwide Interbank Financial Telecommunication, would instantly isolate it from global finance, as happened with Iran in 2012. According to reports, EU leaders, especially in Britain, were discussing the option as a sort of super sanctions to punish Russia for its involvement in the Ukraine crisis. Many US senators have also been pushing to block Russia from SWIFT payments.

SWIFT, the Brussels-based global payments system, said last week that they wouldn’t succumb to political pressure and cut Russian payments and would continue services. The group said that disconnecting Russia violates the company’s mission and that it doesn’t make such unilateral decisions.
However because it’s based in Brussels, it would have to comply with any greater EU ruling.

Last month the SWIFT system transmitted more than 21 million financial messages a day between more than 10,500 financial institutions and corporations in 215 countries.

The Russian National SWIFT Association, or ROSSWIFT for short, is the second biggest worldwide, after the US.

Source: RT