US military blocks proposed railway linking North & South Korea
RT | September 1, 2018
US military officials have put the brakes on a proposed rail project that would connect the Korean Peninsula, underscoring growing differences between Washington and Seoul on engagement with the hermit kingdom.
The governments of the two estranged nations were set to begin preliminary plans for the rail link last week, but their application to send a train from Seoul across the length of North Korea was denied by the US-led United Nations Command. The multinational military body, which traces its roots back to the Korean War, controls movement across the demilitarized zone which separates North and South Korea.
The decision is the latest illustration of Washington’s hardline approach to dealing with Pyongyang. The US has demanded full denuclearization as a prerequisite to any economic cooperation with North Korea, while Seoul has taken a less extreme stance, favoring constructive engagement with its northern neighbor. South Korean President Moon Jae-in had expressed hope that the rail link would be completed by the end of the year.
Moon has invested considerable political capital into improving inter-Korean relations and has signaled his desire for large-scale investment in North Korea once sanctions are lifted.
Tehran Slams French FM’s Remarks on Iranian Missile Program
Al-Manar | August 31, 2018
Iranian Foreign Ministry Spokesman Bahram Qassemi criticized French Foreign Minister Jean-Yves Le Drian’s Thursday remarks about Iran’s missile program and said such “unwarranted concerns” are rooted in his “wrong perceptions” of the program.
“The Islamic Republic of Iran has repeatedly declared its clear and transparent stance on unwarranted concerns rooted in some countries’ wrong perceptions and ignorance,” Qassemi said in a statement on Friday.
“The Islamic Republic of Iran has always shown that it has never been fearful of dialogue and negotiation and that it believes in it,” he said.
However, in a situation that the outcome of all efforts of Iran and other world powers (the 2015 nuclear deal) is violated by “the bullying and excessive demands” of France’s partners, there is no reason for Iran to trust and negotiate on “unnegotiable issues”, the spokesman added.
“The world and the French statesmen are well aware that Iran’s regional policy is in line with regional and international peace and security and the fight against terrorism and extremism, and if such a campaign is not pleasant to some countries that basically create tensions and crises, they can reform their policies,” he went on to say.
The remarks came after Le Drian warned Thursday that Iran “cannot avoid” talks on its ballistic missile program and role in Middle East conflicts, as European powers work to rescue the 2015 nuclear deal with Tehran known as the Joint Comprehensive Plan of Action (JCPOA).
Iranian officials have repeatedly underscored that the country will not hesitate to strengthen its military capabilities, including its missile power, which are entirely meant for defense, and that Iran’s defense capabilities will be never subject to negotiations.
The European Union has vowed to counter US President Donald Trump’s renewed sanctions on Iran, including by means of a new law to shield European companies from punitive measures.
Trump on August 6 signed an executive order re-imposing many sanctions on Iran, three months after pulling out of the Iran nuclear deal.
He said the US policy is to levy “maximum economic pressure” on the country.
Trump also restated his opinion that the 2015 Iran nuclear deal was a “horrible, one-sided deal”.
On May 8, the US president pulled his country out of the JCPOA, which was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).
Following the US exit, Iran and the remaining parties launched talks to save the accord.
Iran hauls US before international court over ‘illegal’ sanctions
Press TV – August 27, 2018
The International Court of Justice has begun hearing a lawsuit brought by Iran against new US sanctions ordered by the Trump administration.
Iran last month lodged a complaint with the Hague-based tribunal, arguing that the sanctions violate the terms of a 1955 friendship treaty between the two countries.
The country opened a lawsuit Monday demanding the UN’s top court order the suspension of the renewed US sanctions.
“The United States is publicly propagating a policy intended to damage as severely as possible Iran’s economy and Iranian nationals and companies,” Iran’s lawyer Mohsen Mohebi told the court.
“This policy is nothing but naked economic aggression against my country,” he said, adding “Iran will put up the strongest resistance to the US economic strangulation, by all peaceful means.”
Tehran has called on the United Nations court to order the immediate lifting of the sanctions, and demanded compensation for damages incurred in their wake.
Sanctions had been lifted under a 2015 nuclear agreement between Iran and six other countries – the US, Germany, France, Britain, China and Russia.
President Donald Trump unilaterally pulled the US out of the deal with Iran in May and pledged to reimpose the most restrictive sanctions on the country.
Washington reinstated the first batch of sanctions in early August and will re-impose the second batch in November which will primarily be meant to undermine Tehran’s oil exports.
The United States’ lawyers will present their arguments on Tuesday. They are expected to argue that the ICJ should not have jurisdiction in the dispute.
The oral arguments, essentially a request by Iran for a provisional ruling, will last for four days, with a decision to follow within a month.
The ICJ was set up in 1946 to resolve international disputes. Its rulings are binding but on rare occasions they have been ignored by certain countries, chiefly the United States.
The US will respond formally in oral arguments on Tuesday, reportedly arguing that the United Nations court should not have jurisdiction in the dispute.
US lawyers will reportedly claim that the friendship treaty signed before the Islamic Revolution in 1979 is no longer valid and that the sanctions Washington has levied against Tehran, do not violate it anyway.
Germany Can’t Give Up on Cooperation With Russia in Oil and Gas – Merkel
Sputnik – 24.08.2018
Germany has greenlighted the Nord Stream 2 project to bring Russian gas to Europe and is under strong pressure from the US, which warns that the project is making Germany dependent on Russia. Berlin insists that the project is entirely commercial.
A planned sub-sea pipeline that will bring gas directly from Russia under the Baltic Sea will not make Germany dependent on Russia for energy, Chancellor Angela Merkel told university students in the Georgian capital Tbilisi on Friday, on the second day of her trip to the Caucasus.
Angela Merkel described continued Russian oil and natural gas supplies to Germany as an important factor in ensuring the country’s energy security.
”We have a decades-long history of economic cooperation with Russia, including on CO2 emissions. We have consistently been reducing our use of coal and we need natural gas coming to us via Belarus, Ukraine and Poland, that’s why we support Nord Stream 1 and 2,” Merkel noted.
She noted that Germany wanted to make sure that Russia continued delivering some gas via Ukraine even after the Nord Stream 2 pipeline was finished.
Mentioning the importance of expanding the so-called “Southern Corridor” for natural gas supplies also from Azerbaijan, she still pointed out that buying gas from Russia was cheaper than buying it elsewhere.
“Europe and Russia, then the Soviet Union, had very close energy cooperation during the Cold War. We can’t afford giving up on cooperation with Russia in oil and gas. Of course, we can have natural gas coming from Azerbaijan, but the truth is that it will not be available at the price we are paying for Russian gas,” Merkel said.
Some countries that are afraid of losing revenues from Russian gas transit, above all Ukraine, are opposed to Nord Stream 2.
The project is also facing opposition from the United States, which has ambitious plans of LNG exports to Europe.
Russia has repeatedly urged its European partners not to perceive the Nord Stream pipeline as an instrument of influence insisting that the project is an entirely economic one.
AfD MP: ‘We Refuse to Support the US Gas Industry at Germany’s Expense’
Sputnik – August 24, 2018
Despite opposition to the Nord Stream II pipeline from some Eastern Europe states, the consortium of energy companies involved in the joint venture are going ahead with the project.
Sputnik reporter Suliman Mulhem spoke to Christian Blex, a representative of the Alternative for Germany (AfD) Party in the Bundestag, about the proposed pipeline and the untapped potential of bilateral EU-Russia trade.
Europe’s Dilemma
Europe’s growing demand for natural gas, coupled with falling production in many longstanding European natural gas exporters, such as Norway, has put the region on course to face an energy deficit unless it swiftly alters its energy mix or builds the necessary midstream infrastructure to import more natural gas from Russia.
A move away from natural gas is unlikely to happen, as it is unrivaled by most alternatives in terms of affordability, abundance, and is significantly more eco-friendly than other fossil fuels, such as coal.
Alternatively, Europe could look to make up its energy shortfall by importing US liquefied natural gas (LNG), though, as Dr. Blex explained, this course of action is riddled with drawbacks and is not in Germany’s interests.
“The position of the AfD is that Germany should make an interest-based policy and due to the current economic climate and the German government’s recent policies, we must focus on importing. As Russia currently supplies the cheapest option in the form of natural gas, it is only logical that we import from them,” Dr. Blex told Sputnik on Friday.
“Since the US cannot currently compete in terms of both price and infrastructure, the idea of seriously switching to US gas is a pipe dreams. In addition, the AfD refuses to support the US gas industry at the expense of Germany, or to solely serve Washington’s geostrategic interests.”
Baseless Prophecies
Dr. Blex expressed his support for Nord Stream II, insisting that it will benefit Germany and the wider European economy, dismissing concerns that Moscow could use Europe’s reliance on Russian natural gas as leverage over the continent.
“Despite all the prophecies of doubts about the danger of a Russian monopoly position and the associated blackmail potential, as well as its alleged political uncertainty as a partner, Russia has always reliably adhered to its supply contracts with Germany over the past 30 years, which is why we regard Russia to be a reliable partner. As long as this remains so, I see no need to orient ourselves elsewhere,” Dr. Blex said.
In fact, this is more likely to be an issue if Europe swapped out Russian natural gas for US LNG, as the Trump administration has repeatedly showed itself to be an unreliable partner, with President Trump withdrawing from the Iran nuclear deal and recklessly imposing tariffs against several key US trade partners in 2018.
In virtually every case of opposition to Nord Stream II, the critic has a vested interest in preventing the pipeline’s completion; Russian natural gas is perhaps the single largest barrier to US LNG taking over Europe’s energy market, while some European states are keen to hinder the project to ensure their revenue streams from existing Russian gas transit deals aren’t slashed.
Undisputed Potential & Future Relations
Although Europe maintains a fruitful partnership with Russia in the energy sector, sanctions and the contemporary political climate have inhibited both sides from exploring new avenues and benefiting from the untapped economic potential an amicable relationship offers.
Dr. Blex noted this “tremendous potential,” and voiced concerns of German and other European businesses being adversely affected by the sanctions, saying, “It is undisputed that trade between the European Union and Russia has tremendous potential. German companies in the automotive, chemical and electronic industries suffered losses due to sanctions. Normalization of relations is therefore of Russian as well as European and German interest.”
EU farmers have often protested against the sanctions, dumping their produce on the streets, as they’ve been hit hard by the sanctions.
“The AfD advocates ending the sanctions,” the German MP added.
Moreover, the Bundestag member called for a “pan-European policy” that fosters better political and economic relations with Russia, but said the current German federal government is unlikely to adopt such an approach.
“A pan-European policy that strengthens economic relations with Russia would be desirable. Unfortunately, the political will for this geostrategic reasoning does not yet exist; the Merkel government is against it.”
However, Dr. Blex described himself as optimistic “that the steady increase in power of the AfD” will shift Germany’s stance and lead to a more productive relationship with Russia.
“I therefore hope that in the long term, throughout the EU, there will be a recognition that Russia must be seen as a partner rather than an enemy,” Dr. Blex concluded.
Russian prosecutors brand US group Pacific Environment ‘undesirable organization’
RT | August 24, 2018
The Russian Prosecutor General’s Office has included US NGO Pacific Environment (PERC) on a list of undesirable foreign organizations after determining the group’s work can threaten Russia’s security and constitutional order.
“After studying some materials it had received the Prosecutor General’s Office on August 24 decided to recognize as undesirable on the territory of the Russian Federation, the work of foreign non-government organization Pacific Environment (PERC) from the USA,” chief spokesman for the agency, Aleksandr Kurennoy, was quoted as saying by TASS on Friday.
“It has been established that the work of this organization creates a threat to the foundations of Russia’s constitutional order and the security of the Russian state,” the official added. The order to put the group on the list of undesirable organizations will now be forwarded to the Justice Ministry where it needs to be registered to come into force.
Founded in 1987, the Pacific Environment group states its primary objective as protecting the living environment of the Pacific Rim. In Russia, its activists have instigated public opposition to several major mining and energy projects in Siberia and the Far East.
Russia introduced the law on undesirable foreign organizations in mid-2015. According to this act the Prosecutor General’s Office and the Foreign Ministry have the powers to create a list of “undesirable foreign organizations,” making the activities of such groups in Russia illegal. Violations of this law are punished by civil penalties, but repeated and aggravated offenses can cause criminal prosecution and carry prison sentences of up to six years.
Goldman, JPMorgan object to Russian proposal to limit their ability to move money out of the country
RT | August 23, 2018
A total of 15 foreign lenders are protesting against a new plan proposed by the Russian central bank to reduce the amount of cash they can move abroad from their units located in Russia.
Russian subsidiaries of banking majors, including Goldman Sachs, Citigroup, Raiffeisen, JPMorgan, Deutsche Bank and HSBC Holdings, have voiced their objections to plans that would limit the Russian units to depositing just 20 percent of their capital abroad at their parent companies. Under the current regulations, there is no limit for banking operations of this kind.
The Central Bank of Russia proposed the rationing measures in response to fresh anti-Russia sanctions from the US and Europe that could allow foreign lenders to block access to the funds for its units based in Russia, two sources close to the issue told Bloomberg. The targeted lenders say they will have to reduce their loan services in Russia, according to unnamed people quoted by the agency.
If the new rules enter force, most of the local units run by foreign banks will inevitably be in violation of the mandated capital ratios. Some of the lenders, including Nordea Bank and Commerzbank, say the measure will create “unequal” conditions for local banks and foreign-owned subsidiaries.
Ahead of the US mid-term elections in November, the US Congress is actively discussing potential punitive measures against Russia over its alleged meddling in US elections. Among the penalties is a ban on using US dollars for some of Russia’s biggest banks. In August, local banking bonds brought investors a loss of 5.1 percent in dollar terms, the worst of any sector domestically, according to a Bloomberg Barclays index.
According to the Central Bank of Russia, the final version of the rule is still being discussed. The regulator didn’t elaborate on the goal of the restrictions or on the fate of the proposal.
See also:
Putin: US establishment behind ‘senseless’ Russian sanctions, meeting with Trump ‘useful’

RT | August 22, 2018
The position of US establishment is to blame for the counter-productive policy of sanctions against Russia, President Vladimir Putin said while describing his Helsinki meeting with President Donald Trump as “useful.”
“It’s not only about the position of the US President. It’s about the position of the so-called establishment, which is ruling [the US] in a broadest sense of the word,” Putin said.
Putin was responding to a question about his July meeting with Trump at a joint briefing with the Finnish President Sauli Niinistö near Sochi on Wednesday.
“As for our meeting with President Trump, I have a positive assessment of it and think that it was useful,” Putin said.
Calling the sanctions “counterproductive and senseless, especially regarding such country like Russia,” Putin added that he hopes “that the realization that this policy doesn’t have a future will someday come to our American partners and we’ll begin to cooperate in a normal manner.”
Putin said that he and Trump exchanged positions on the most pressing issues to each other in Finnish capital, adding that “an exchange of views, direct conversation is always very useful.”
“No one was expecting that during the two-hour talks it would be possible to resolve all of the issues that have been controversial until now,” he added.
As for Russia’s relations with Europe, Putin expressed hope that “something positive will be done for the sake of restoring normal Russia-EU relations” during the second part of 2019 when it will be Finland’s turn to head the European Union.
The Russian president said that his talks with Niinistö were “constructive,” while the Finnish leader was more poetic in his choice of words and described the Sochi meeting as “sunny.”
The two leaders agreed to boost cooperation in environmental protection and discussed the settlement of the Syrian and Ukrainian conflicts. Putin backed Niinistö’s proposal to increase flight safety over the Baltics and expressed commitment to working together with Helsinki in order to bolster security and stability in northern Europe.
He also called Russia “the definitive supplier of gas” to Europe, adding that the country was ready for fair competition in the area.
Which War for Mesopotamia? Iraq Must Choose Between Iran and the US

By Elijah J. Magnier | American Herald Tribune | August 21, 2018
In the coming month, following Eid al-Adha (August 21st), Iraq will be on the horns of a dilemma. The Federal Court has confirmed the results of the manual recount of the May parliamentary elections with insignificant changes to the previously announced results. After the holiday the Iraqi coalition that can assemble more than 165 parliamentary seats will have to choose the new ruler of the country. Whoever is selected as Prime Minister, whether he is pro-US, pro-Iran or even a neutral personality, will not save Iraq from serious consequences and difficult years ahead. If the new government implements the sanctions on Iran announced by interim PM Abadi, internal unrest and insecurity can be expected in the country. Many Iraqis, including some armed groups, will refuse what is perceived as US interference, and US forces themselves will likely come under fire. If the sanctions are not implemented, Iraq will face serious US sanctions in turn, international companies will pull out, and the return of the terrorist group ISIS (ISIL, Daesh) cannot be excluded. Any decision will certainly have a major effect on the economy of Mesopotamia, and perhaps even on its security.
The Iraqi government is normally formed following an agreement between one or more groups with the largest number of MPs, with several Iraqi parties (Shia, Sunni, Kurds and other minorities) holding a smaller representation in the Parliament joining in. The largest coalition is then eligible to select the future Prime Minister within one month of forming a governing coalition. Members of the coalition decide amongst themselves the distribution of power and posts including not only that of Prime Minister, but also Speaker, President and all the other key positions (Vice-Presidents, vice ministers, and the various ministerial positions in the government).
The latest formation to be officially announced is the coalition of Sayroon (Moqtada al-Sadr), al-Nasr (Haidar Abadi), al-Hikma (Ammar al-Hakim) and al-Wataniya (Saleh al—Mutkaq). These groups are still far from reaching the number of MPs necessary to form a government. And this means Iraq risks waiting for several months before seeing a new Prime Minister take power.
The Iraq-Iran borders run for 1,458 km from Shatt al-Arab in the Persian Gulf to Kuh e-Dalanper. Long borders and the large commercial and trade exchange between the two countries (over $12 billion per year) impose a special strategic relationship between Tehran and Baghdad. Moreover, the volume of religious tourism (for pilgrims visiting Imam Reda in Iran and many other shrines of prophets and Imams in Iraq) imposes itself on the countries’ leaders despite political differences. Although the majority in Iraq and Iran are Shia, religious ties do not inhibit the political independence of Iraqi Shia, who are Arabs; their patriotic interests prevail over any shared religious identity.
The Marjaiya in Najaf, led by the highest religious authority in Mesopotamia (and the whole of the Shia world), the Iranian national Grand Ayatollah Sayyed Ali al-Sistani, does not tolerate Iranian interference in Iraqi politics. Some analysts attribute this refusal to differences between the rival theological schools of Najaf (Iraq) and Qom (Iran), but other factors are more important, notably the Marjaiya’s desire for independence and Iran’s heavy hand in dealing with Iraqis. The Marjaiya in Iraq stood firm against Iran’s choice of Prime Minister in 2014, refusing to renew Nuri al-Maliki’s tenure, although the constitution gave him the legal right to become the leader of Iraq since he sat at the head of the largest Parliamentary coalition.
Al-Maliki was called by some “the Shia dictator of Iraq;” he refused to share strategic decision-making with his government and the parties who had helped him remain in power, as had been agreed before his second nomination by all Shia groups. Al-Malki was wrongly accused of being responsible for the emergence of ISIS and its occupation of a third of Iraq in 2014. In fact, neighbouring countries Turkey and Saudi Arabia, and also the leader of Kurdistan Masood Barzani who called ISIS a “Sunni revolution,” supported the group with the aim of partitioning Iraq into three states. In 2014, the US decided to watch ISIS expand and was very slow to intervene in support of the government of Baghdad, unlike Iran who offered arms and advisors to both Baghdad and Kurdistan. The US intervened only when ISIS didn’t stop at the limits of Kurdistan and headed for the oil-rich city of Kirkuk.
I was in Baghdad and Najaf at the time when the Iranian General Qassem Soleimani tried hard to impose first al-Maliki and then the ex-Premier Ibrahim al-Jaafari, but without success. It was not a religious but a political conflict, in which Sayyed Sistani stood firm in opposing Iranian efforts to decide the leadership of the country.
Iraq finds itself in a bind due to the US sanctions on Iran. Any Prime Minister who accepts the unilateral sanctions on Iran will be vilified as an American puppet and will face opposition from both pro- and anti-Iran forces and political groups in Mesopotamia. In fact, the US’s unwise political move of announcing that it is staying in the country “as long as needed,” despite the request of Baghdad that it reduces the number of its 5000 servicemen in the country, is a direct challenge to all Iraqis. It is interpreted by the people in the street I spoke to, and by decision-makers in both Baghdad and Najaf, as an expression of the US will to impose a Prime Minister by force, notably Haidar Abadi.
Iraq finds itself in a bind due to the US sanctions on Iran. Any Prime Minister who accepts the unilateral sanctions on Iran will be vilified as an American puppet and will face opposition from both pro- and anti-Iran forces and political groups in Mesopotamia.
The Iranian leadership needs to sit still, watching from afar the Iraqi internal reaction to the US decision to impose Abadi for a second term before reacting through its domestic allies.
Sources in the Iraqi government say “the Prime Minister ad interim tried to convince political leaders to accept the presence of the US forces in Iraq till an undisclosed date.” Iraqis understand this to mean that there is an agreement between Abadi – eager to stay in power for the second term – and the US – eager to see Abadi remain in power to stand against Iran – that US forces will stay in Iraq even if ISIS no longer controls any city or village in Iraq (vestiges of ISIS remain as insurgents, and outlaws in hiding.)
Both Abadi and the US forces seem unaware of the presence of a strong popular movement among the population. These forces fought against ISIS for over four years and are ready to fight a long insurgency war against the US forces in Iraq, without even asking for Iran’s support, help or guidance. There are many groups who fought against ISIS and among the ranks of the Popular Mobilisation Units (PMU) but returned to their own parties once the war ended and refused to be integrated within the Ministries of Defence or Interior.
The wrong-headed US policy (and not only in Iraq) is even calling for a coalition between Sayyed Moqtada al-Sadr and Haidar Abadi to form a coalition with the largest number of MPs, sufficient to select a new Prime Minister. Some analysts go even further, asking Washington to invite Moqtada al-Sadr to the White House to keep Iraq away from Iran. They seem not to realize that Sayyed Moqtada will be at the head of the first group called upon to fight the US forces in Iraq if these decide to stay longer in Mesopotamia and to impose a leader of Iraq. Moreover, Abadi is incapable of controlling Moqtada who did not hesitate to send his horde to the “Green Zone”, invading various ministries to “pull Abadi’s ears” and call him back in line. Moreover, Moqtada locked the Vice Speaker, a member of the al-Sadr group, and other members of his inner circle in a lavatory at al-Hannnah (Moqtada’s HQ) in Najaf for two days.
Sources within Sayyed Moqtada’s inner circle told me:
“Sayyed Moqtada rejects the implementation of any sanctions against Iran agreed by Abadi and will not accept a new Prime Minister riding into the green zone on a US tank”.
Other forces in Iraq are said to be “watching closely the US forces movement in all the military bases in Iraq”. “If they have bad intentions (to stay in the country) we shall intervene to convince these forces to leave”, said a high-ranking Iraqi source within the popular armed forces-who fought against ISIS over most of the Iraqi territory.
No Iraqi official has explained to the people the advantages and disadvantages of implementing the US unilateral sanctions on Iran. No one has explained what are the risks, what would be the reaction to the US steps and what would be Plan B, if any. Who would compensate the enormous damage to Iraq’s economy that will follow, whether sanctions are accepted or rejected? Iraqis have suffered for more than 11 years of US sanctions during Saddam Hussein’s era and may not be willing to go through this again. But it is their choice, not that of a single person, Abadi–who in fact did not win a majority during the parliamentary election in any Iraqi province.
In Iraq, there is no political consensus over strategic decisions: the unilateral decision on Iran sanctions taken by interim Prime Minister Haidar Abadi needs parliamentary approval so that the representative of the Iraqi people can assume responsibility for taking the country into an unknown future. The Iraqi Foreign Ministry has rejected Abadi’s unilateral decision, and so did most Iraqi political groups with Ministers in the government. The Iraqi Vice President Nouri al-Maliki, Abadi’s Da’wa party, and many others rejected the Prime Minister’s action against Iran and in favor of the US. Many said overtly that “Iraq will certainly not be part of the US plan to hit Iran.”
The Shia groups are not in harmony – many reject Abadi for a second term. Nor are the Sunni groups agreed on a new Speaker (Anbar Governor Mohammad al-Halbusi versus the vice President Usama al-Nujeifi). The Kurds are waiting to see who will form the largest coalition before joining in and imposing their conditions because they will be the ones who tip the political balance for or against Abadi.
The bras de fer between Iran and the US is playing out over the entire Middle East and particularly in Syria, Lebanon, and Iraq. Today, the Iranian General Qassem Soleimani and the US Special Presidential envoy Brett MacGurk are both visiting all Iraqi officials and heads of groups to attempt to influence the Iraqi decisions. It is crucial for both Iran and the US to see a Premier on their side and both seem indifferent to the consequences for the Iraqis of the choice of one side or the other.
It is not so much a question of having a leader with vision but a leader ready to assume almost impossible responsibilities. A choice of wars is knocking at the door of Mesopotamia: another war in Iraq (against the US forces) or an economic war (against Iran.)
Senior Political Risk Analyst, Elijah J. Magnier, is a veteran war correspondent with over 35 years’ experience covering Europe, Africa & the Middle East.
Treasury Unloads On Moscow: Washington Freezes Russian Assets In The US Worth Hundreds Of Millions
By Tyler Durden – Zero Hedge – 08/21/2018
Just hours after Microsoft said it had thwarted Russian intelligence attempts to hack two conservative think tanks and government sites used by Congressional staff, on Tuesday, the United States imposed new sanctions on two Russians and one Russian and one Slovakian firm under a U.S. program targeting malicious cyber-related activities.
In a statement on its website, the U.S. Treasury said the sanctioned firms – Saint Petersburg-based Vela-Marine Ltd and Slovakia-based Lacno S.R.O. – and the two individuals were linked to Divetechnoservices, a previously sanctioned entity.
Separately, speaking before the Senate Banking Committee, Sigal Mandelker, the Treasury’s top terror and financial intelligence official said that “the breadth and brazenness of Russia’s malign conduct demands a firm and vigorous response.”
Mandelker touted that the net worth of Oleg Deripaska had dropped by about 50%, and the share price of EN+ fell to $5.40 from $12.20 since the latest round of sanctions against Russia were imposed; she also noted that the net worth of Viktor Vekselberg fell by an estimated $3BN due to American penalties.
Mandelker also said that Russian-owned assets in the United States worth hundreds of millions of dollars have been frozen as part of Washington’s sanctions against Moscow, and told lawmakers that the US will not hesitate to bring economic pain to Russia if its conducts does not change.
“The actions of the US Treasury have had significant consequences for the financial interests of individuals and businesses that were affected, including the blocking of hundreds of millions of dollars of Russian assets in the United States,” Mandelker said. Her statement can be found here.
The Trump administration has sanctioned 217 Russian-related individuals and entities, including oil company Surgutneftegaz and power company EuroSibEnergo, since January 2017. Targets include heads of major state-owned banks and energy firms, and some of President Putin’s closest associates.
“As companies across the globe work to distance themselves from sanctioned Russian persons, our actions are imposing an unprecedented level of financial pressure on those supporting the Kremlin’s malign agenda and on key sectors of the Russian economy,” Mandelker said in the prepared remarks.
Finally, in Trump’s determination to show how “tough” he is on Russia, the U.S. also sanctioned owners of six Russian ships over claims they are helping transfer refined petroleum products to North Korean vessels, as tensions with both Moscow and Pyongyang intensify, Bloomberg reported.
The ships – and two Vladivostok-based shipping companies – violated U.S. and United Nations sanctions on North Korea, the Treasury Department said Tuesday in announcing the sanctions on its website. The U.S. is aiming to keep pressure on North Korean leader Kim Jong Un to denuclearize.
“Consequences for violating these sanctions will remain in place until we have achieved the final, fully verified denuclearization of North Korea,” Treasury Secretary Steven Mnuchin said in a statement.
In a separate announcement on Tuesday, Treasury also sanctioned two Russian individuals and two entities it said were making attempts to get around existing U.S. sanctions.
“The Treasury Department is disrupting Russian efforts to circumvent our sanctions,” said Mnuchin. “Today’s action against these deceptive actors is critical to ensure that the public is aware of the tactics undertaken by designated parties and that these actors remain blocked from the U.S. financial system.”

