You are currently browsing the monthly archive for October 2008.

Prediction : McCain will win!

update: Wrong!

The Pretender wins!


From the article:
Russia will offer to share its air defence expertise with Cuba when a military delegation visits the Caribbean island this week, Interfax news agency reported on Monday.

Read the article here.

From the article:
Russians, Qataris and Iranians met in Teheran on Tuesday to discuss setting up a natural gas cartel, similar to the oil-based Organization of Petroleum Exporting Countries (OPEC).

The notion of a gas cartel was brought up in January 2007 by Iran’s Supreme Leader Ayatollah Ali Khamenei, but it is now gaining momentum and may require just a few more meetings before an accord is finalized.

Iran, Russia and Qatar account for nearly a third of the world’s natural gas exporters.

The European Union relies on Russia for a large part of its natural gas imports and is concerned that any such cartel will affect supply and prices.

Read the article here.

The Russian president said in a speech Thursday that the financial crisis in the United States should be taken as a sign that America’s global economic leadership is drawing to a close, reiterating an argument that leaders here have been making for some time, though investors in recent weeks have been fleeing Russia and depositing money in U.S. Treasury bills.

Perhaps inevitably for a country long lectured to by the United States, Russia is using the occasion of the U.S. financial crisis to do some lecturing of its own.

President Dmitri Medvedev said Thursday that the U.S. crisis showed that “the times when one economy and one country dominated are gone for good.” Speaking of the United States, Medvedev said the world no longer needed a “megaregulator.”

Russia has argued that the freewheeling Anglo-American style of capitalism is to blame for the crisis, a position echoed by Germany and other Continental European nations. Medvedev even called it financial “egoism.”

Since the second week in August, when the war in Georgia and political tension with the West heightened concerns about stability in Russia, $52 billion in net private capital has left Russia, according to an investor note from Goldman Sachs.

Read the article here.

Diplomacide Mothballed

Diplomacide has been mothballed.
October 2008
« Sep   Nov »