The events
in Europe are taking place at such a rapid pace, it is hard to pin the focus on
any one of them. So many problems are beginning to boil up rapidly.
First,
there is a festering problem of Ukraine which seems to be entering in sort of
final ending. There are three possibilities in which this conflict could end –
one Ukraine breaks apart which is the most possible outcome; two, eastern
breakaway regions agree to stay in some sort of federalization plan (which is
unlikely); and the third scenario, the conflict remains frozen which would
simply become hot again. Any which way, Ukraine is Kaput and its
economic and social disintegration is on the cards. France and Germany
are giving their best – which is their Hail Mary attempt, a final try to
prevent all hell from breaking loose – to solve the problem by trying to hammer
out a deal that envisages 50-70 km wide demilitarized zone and the greater
autonomy for eastern region.
Whether
the deal takes place or not, nobody knows. But by all accounts, this seems to
be just a farce. And, if the deal does
not happen, Ukraine would cease to be a State. As it is, Ukrainian economy is
circling the drain. Manufacturing has ground to a halt. Its foreign exchange
reserves are fast vanishing just like its gold reserves which vanished much
earlier. Its currency, Hryvnia, has started to fly like a kite. IMF has
declined additional loans citing warlike conditions in its eastern regions and
lack of reforms – a diplomatic way of saying “get lost”.
Europeans
are losing patience and waking up to the fact that this regime of neo-nazis is
a threat to the entire Europe. For the odious Poroshenko regime, these
conditions are like the gathering of the ominous clouds. It has already
suffered one debacle in the Ilovaisk sector. It is now facing another debacle
in the Debaltsevo cauldron.
Resistance
is also beginning to grow for the mobilization drives. Population is becoming
aware of the horrific deaths that are happening in the name of anti-terror
operation. The morale of the military is absolutely low. Add one more debacle –
in the form of Debaltsevo – and the writing on wall would be clear for
Poroshenko regime – either flee abroad or face the war crimes trial that would
come if Novorossian armed forces reach Kiev. In addition, the regime would also
have to worry about equally odious oligarchs who would be out for his blood.
In any
case, it seems the conditions are ripening for another Maidan.
Poroshenko is certainly in a jam and hence, the dash to Moscow by Hollande and
Merkel to try and save Poroshenko. With Zakarchenko, Donetsk Republic's Prime
Minister, announcing general mobilization to raise the army strength to the
tune of 100,000, the urgency of the Hollande and Merkel's visit to Moscow
becomes apparent.
The
victories of Novorossian armed forces would simply trigger independence
movement in other eastern regions like Odessa, Nikolaev, Kharkov etc., along
with Trans-Carpathian region in the west. The eastern regions – mostly Russian
speaking – would become part of Novorossia and the western region could get
divided between Hungary and Poland. The
only thing that would remain is the rump state, full of neo-nazi Banderites; ready
to export their brand hatred to every corner of Europe.
Then there
is a talk of lethal arms supplies to Kiev regime by warmongering Americans.
Russia has openly stated that this would be a grave aggravation of the conflict
and it would respond properly. Perhaps, this is what the warmongers in
Washington want – a Russian intervention would kick-start cold war 2.0 and
drive the wedge between Europe and Russia. It would prevent strong trade
relations between Europe and Russia and also prevent the rise of Eurasian union
– a growing threat to US hegemony. Europe would be firmly and perpetually under
the thumb of America.
But do
they – the Americans – realize what kind of genie they would be letting out of
the bottle by supplying weapons to Ukraine? When you look at all the fiascos -
ranging from Afghanistan, Iraq, Syria, Libya etc. – the answer is sadly no.
Their idea of the world is Unipolar with them acting as the decider of
the destinies of every nation on planet earth. The idea of the sovereignties
and cultures of other nations do not simply exist in their unipolar vision of
the world. To USA, the principle is only “do as we say and only up to the point
that we like”. Any transgression beyond that would be swiftly met with
sanctions to bring the “recalcitrant” country back under the fold.
Putin has
blasted this kind of world order and stated bluntly that Russia will not accept
such world order dictated by a single country and its leader. But, warmongers
in Washington are deaf to such statements and only believe in their
exceptionalism.
Another
problem looming on the horizon is Greece, which is kind of playing
Shakespeare's ‘to be or not to be’ – would it exit the Eurozone or would it
remain in the Eurozone? Over the last few days, the positions of both the Greek
government and ECB have hardened. Greece is threatening to bolt the Eurozone –
which was one of the item in SYRIZA's election platform – if its debt is not
restructured and the haircut it is proposing is not accepted – in short, debt
write-off.
Germany
has bluntly refused to do so. ECB now has given an ultimatum to Greece to come
up with some kind of debt deal or face the denial of access to capital from
ECB. It has taken the Greek sovereign bonds off asset category. For Greece,
this amounts to further humiliation and Alexis Tsipras has simply threatened to
say bye-bye to Eurozone.
Greece's moves
are closely watched by other countries of PIIGS – Portugal, Ireland, Italy and
Spain with Italy possibly going to be the next candidate to exit Eurozone. Many
financial websites are abuzz with what would happen if Greece exits Eurozone.
It would certainly be the end of Euro. It could also take down many banks
creating a financial catastrophe in the already recession hit Europe. For
Greece, it does not matter. It would simply exit the Eurozone and float its own
currency – Drachma. In the short run, it would face immense difficulties but in
the long run, it would go on to prosper.
But there
is another interesting factor at play. If Greece needs funding, Russia has
stated that it would be pleased to consider Greek government's request for
funding. This is what – it is my guess - the foreign ministers of three
countries – Russia, China and India – must have discussed at their recent
January 31st meeting in Beijing. BRICS bank could step in. And, that would be
like an asteroid strike – beginning of the complete destruction of IMF, dollar
and US hegemony i.e. existing world order.
Imagine
Greece asking for finance and Russia providing it in a currency that would
certainly not be dollars. The eggheads and boneheads of the western world and
NATO must be having sleepless nights. Because that would mean a crisis for NATO
as well since Greece is a member of NATO. And, SYRIZA party's platform calls
for exiting NATO – an organization which has evolved from its earlier role as
the one to counter Warsaw pact countries to its current role as a tool for
neo-imperialist to maintain the western hegemony on the world. And if Greece
turns towards Shanghai Cooperation Organization, that would be extremely
tantalizing. Greece has also openly
opposed the sanctions on Russia. Things are thus getting quite interesting.
As if this
much is not enough, now Cyprus has made its move. Cyprus which is a member of
European Union and Eurozone has announced that it is ready to host Russian
naval and air bases.
Cypriot President Nicos Anastasiades announced that the country is ready to
host Russian aviation and naval bases. The official agreement on military
cooperation between the two nations is expected be signed on February 25,
2015, according to Lenta.ru.
… Notably, Cyprus is one of the 28-member states in the EU, which have been imposing sanctions on Russia over the past year in response to the actions in Ukraine.
And just like Greece has recently caused a stir by complicating the
process of extending sanctions on Russia, Cyprus, too, just voiced some opposition to the additional sanctions on Russia, adding that many EU members share that opinion.
"We want to avoid further deterioration of relations between
Russia and the European Union," the Cypriot President reportedly said.
So military cooperation between Cyprus and Russia is yet another red
flag for the EU.
...
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First it
was Turkey – a NATO member – which signed a deal with Russia for natural gas
pipeline and expressed interest in Shanghai Cooperation Organization. Then
comes Greece which is also warming up to Russia. And, now Cyprus comes along –
following Turkey's and Greece's steps – warming up to Russia. And most
interesting, all of them are NATO members.
Things
sure don't look good for the empire. France and Germany are openly pivoting
towards Russia over Ukraine. US want to supply weapons to the freak show in
Ukraine while France and Germany are strongly opposed to such a move fearing a
wider conflict. US have also come out on the side of Greece regarding its debt
stance which has angered Germany, which is taking a harder stance against
Greece.
A schism
is thus opening between the Europe and USA which is signaling the beginning of
the decline of the US Empire. And if empire is in decline then what about its
currency? Empire would not let go of its status that easily. So, how it would
react remains to be seen. The humanity needs to be on guard.
2015 is
sure turning out to be an interesting year.
Update:
Now Cyprus
foreign minister has come forward and denied that Cyrus is offering Russia
military bases.
The minister stressed that Cyprus’ seaports and airports can be used
by Russian warships and warplanes in non-military operations
…..
BRUSSELS, February 9. /TASS/. The issue of establishing Russian naval or military bases in Cyprus has never been considered, Cyprus’ Foreign Minister Ioannis Kasoulidis said on Monday on the sidelines of the European Union Foreign Affairs Council meeting in Brussels.
"Besides, there has never been any request from Russia about
this", he told Cyprus News Agency.
…..airports and seaports of Cyprus may be available to Russian warplanes
and ships in emergency situations and humanitarian operations. In fact,
the two counties are updating their effective bilateral military agreement.
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That to me
looks like a pivot to Russia but not so openly so as not to antagonize
“friends”. But it is a pivot.
Seems the
world is yearning to breathe freedom by throwing off the oppressive chains of the
western world - led by the Hegemon - which is choking them.
PS:
Seems the
day of reckoning for the empire and its dollar as world reserve currency is
fast approaching.
…..
Russia and Egypt might soon exclude the US dollar and use their
national currencies in the settlement of accounts in bilateral trade, Russian
President Vladimir Putin said in an interview to Egyptian media ahead of his
Monday visit to the country.
The issue of abandoning the dollar in trade is “being
actively discussed,” Putin told
Al-Ahram daily newspaper ahead of his two-day trip to Egypt. The Russian
president was invited for a bilateral meeting by his Egyptian counterpart
Abdul Fattah al-Sisi.
“This measure will open up new prospects for trade and investment
cooperation between our countries, reduce its dependence on the current
trends in the world markets,” Putin said.
“I should note that we already use national currencies for
trade with a number of the CIS [Commonwealth of Independent States] states,
and China. This practice proves its worth; we are ready to adopt it
in our relations with Egypt as well. This issue is being discussed in
substance by relevant agencies of both countries.”
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