vineri, 12 septembrie 2014

We found some new Pins for you!

Pinterest
 
Get the app!
Android · iOS
 
Mobile App
 
Hi Hari,
New Pins for you
Fruit and cheese platter, nicely done.
Pin it
Glitter custom phone case! | Casetify
Pin it
Acacia Swimwear Teahupo'o One Piece
Pin it
This color "Brave" by Mac looks amazing.
Pin it
Sheath/Column Jewel Knee-length Lace Cocktail Dress
Pin it
Sachin + Babi resort 2014.
Pin it
New boards to follow
Creative Caches & Co...
215 pins · Scott Mc
Follow
College 101
23 pins · Justin Brooks
Follow
Burgers
411 pins · Brittany Defeli...
Follow
Speakeasy
35 pins · Helene - East W...
Follow
Cheese
65 pins · Minx Moxie
Follow
Rags For Lil' Man
64 pins · Lacie Ford
Follow
Happy Pinning!
 
Get the Pinterest App
Check recipes at the store, browse Pinterest on the bus and more.
Available on the
App Store
 
Available on
Google Play
 
 

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Undeclared War on Russia; Solidarity by Force; Ruble Falls to Record Low; Sanctions Target Private Companies

Posted: 12 Sep 2014 11:51 AM PDT

Sanctions or War?

It's long overdue we label sanctions for what they really are: war. If you prefer, call them "economic war".

Today, president Obama took the undeclared war another step forward by targeting Lukoil, a private Russian company.

Please consider Gazprom, Lukoil Hit in New Round of Sanctions.
The US dramatically expanded its sanctions against Russia on Friday by adding Gazprom, Europe's leading energy provider, to the list of targeted companies, as it sought to ratchet up pressure on Moscow to step back from the war in Ukraine.

The latest measures targeting energy, financial services and defence industries also included Lukoil, the privately owned oil group, and Sberbank, Russia's largest bank.

In addition to blocking most major state-owned groups from western capital markets, the US has also tightened restrictions on some of Russia's largest energy projects, a key engine of its future economic growth.

One in particular – ExxonMobil's high-profile exploration partnership with the state-controlled Russian oil group Rosneft in the Russian arctic – is looking increasingly under threat. The two companies began drilling in the Kara Sea last month, but industry analysts question whether their joint venture can survive under the intensifying sanctions regime.

There was also surprise that the US had decided to sanction Lukoil, the first private Russian company to be penalised in this way. The oil producer is not tied to President Putin and has played no role in the Ukraine conflict.

"It sends a message that any Russian firm is now conceivably a fair target instead of solely targeting firms that are state-owned or owned by people believed to be associated with President Putin," said Andrew Weiss, vice-president for studies at the Carnegie Endowment for International Peace.

A senior administration official said that the latest round of sanctions could be lifted immediately if Russia observed the ceasefire agreement signed with Ukraine in Minsk last week.
Ceasefire Nonsense

Notice how the US is only interested that the rebels not  violate the ceasefire.

Moreover, the fact is the ceasefire has largely held, and it has been broken by both sides. It's not even clear who broke the ceasefire first.

But if it was the rebels who broke the ceasefire in every instance, one would have expected the US state department to be all over the story with bullhorns.

Solidarity by Force

President Obama says We will join EU in intensifying sanctions on Russia.

Yeah right. We twist the EU's arm till they "cry uncle" then we claim we join them.

Unless the intent is to provoke a military war with Russia, this new round of sanctions is stupider than any of its predecessors.

If Exxon cannot partner with Rosneft in the Russian arctic, guess who will? Try China.

Ruble Falls to Record Low vs. Dollar



Sanctions may be hurting the Ruble, but so are falling energy prices.

Reflections on the Global Economy

The price of oil has been falling in spite of this mess. That's a big hint that the global economy is in a huge slowdown.

And that drop in oil price likely hurts Russia more than any of these sanctions.

Like oil, copper says the same thing: World Growth vs. Copper with 3-Month Lag; Iron Sinks to 5-Year Low; US Will Not Decouple.

For a wrapup on sanction madness, please consider Fishing for Trout With Rope and Mashed Potatoes; Mentality of Jackasses; Gas Pains.

Expect a big "surprise" to the downside for global GDP as sanctions can only compound the already evident weakness.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Damn Cool Pics

Damn Cool Pics


How To Fake Travel Like A Boss

Posted: 12 Sep 2014 05:54 PM PDT

Zilla Van Den Borne made ​​people believe on social media that she was traveling in Asia, but that was a total lie. As part of a university project she got handy with photoshop and took a few pictures in the right places. She never even left her home country of Amsterdam but these pictures are pretty convincing.















These Are The Things Your Kids Will Never Understand

Posted: 12 Sep 2014 05:51 PM PDT

It's a totally different world compared to the one we lived in 20 years ago. Kids nowadays will never understand what it was like to do any of these things.
















"Meeting Those Threats with Strength and Resolve"

 
Here's what's going on at the White House today.
 
 
 
 
 
  Featured

"Meeting Those Threats with Strength and Resolve"

This week, the President concluded a summit in Wales with NATO allies, hosted a White House meeting with congressional leadership on foreign policy, addressed the nation on the ISIL threat, and commemorated the 13th anniversary of the September 11 attacks.

See all of this and more in the latest edition of West Wing Week:

Watch this week's West Wing Week.


 
 
  Top Stories

Chart of the Week: More Students Are Graduating High School than Ever Before

A high-quality education is a pre-requisite to success in toda's economy. This week's chart of the week shows how our high school graduation rate is the highest it has ever been.

READ MORE

"We Will Only Grow Stronger": President Obama Commemorates the 13th Anniversary of the 9/11 Attacks

President Obama, First Lady Michelle Obama, and Vice President Joe Biden pay tribute to the memory of all those who lost their lives on September 11, 2001.

READ MORE

"You Are the Best of America": Dr. Jill Biden on the U.S. Team Competing in the Invictus Games

At the Naval Observatory last week, Vice President Biden and Dr. Jill Biden hosted a barbecue for the athletes representing the United States in the Invictus Games -- an inspirational sporting event for wounded, ill, and injured service members and veterans.

READ MORE


 
 
  Today's Schedule

All times are Eastern Time (ET)

10:00 AM: The President and Vice President receive the Presidential Daily Briefing

11:20 AM: The President delivers remarks at the AmeriCorps 20th Anniversary Event

1:00 PM: Press Briefing by Press Secretary Josh Earnest

3:20 PM: The President departs the White House

3:40 PM: The President arrives Baltimore, Maryland

3:55 PM: The President tours Fort McHenry

5:35 PM: The President delivers remarks and answers questions at a DSCC event

6:30 PM: The President departs Baltimore, Maryland

6:50 PM: The President arrives the White House

8:30 PM: The Vice President attends an event at Brazos Hall for the Democratic National Committee


 

Did Someone Forward This to You? Sign Up for Email Updates

This email was sent to e0nstar1.blog@gmail.com

Unsubscribe | Privacy Policy
Please do not reply to this email. Contact the White House

The White House • 1600 Pennsylvania Ave NW • Washington, DC 20500 • 202-456-1111