Showing posts with label iraq. Show all posts
Showing posts with label iraq. Show all posts

Monday, December 1, 2014

IRAQ, SYRIA, ISIS, and STARGATE

Is this why Hagel stepped down?
Did McCain just admit to working with ISIS?

See more stories debunking the official ISIS story under hashtag #BecauseISIS

Monday, September 15, 2014

It's Official: #ISIS is now also an oil cartel


From Zerohedge:

We recently explained how ISIS remains so well funded but what was unclear was who exactly what purchasing their 'recently-provisioned' oil reserves? The assumption being some desperate third-world nation or some scheming offshore hedge-fund arbitrageur; however, as Sott.net reports, a senior European Union official has revealed that some EU member states have purchased oil from ISIL Takfiri militants despite their rhetoric against the group. The official declined to disclose any names but Turkey remains a front-runner (having already shunned President Obama) and potentially France (after their recent anti-Petrodollar comments).

As The Daily Signal's Kelsey Harkness ( @kelseyjharkness ) notes,
According to the Iraq Energy Institute, an independent, nonprofit policy organization focused on Iraq’s energy sector, the army of radical Islamists controls production of 30,000 barrels of oil a day in Iraq and 50,000 barrels in Syria.


And now we know who is buying... (as Sott.net reports)
A senior European Union official has revealed that some EU member states have purchased oil from ISIL Takfiri militants despite their rhetoric against the group.

In a briefing to the European Parliament Foreign Affairs Committee, EU Ambassador to Iraq Jana Hybas-kova said some European countries have purchased crude from the ISIL.

She, however, refused to disclose any names despite pressure by some Parliament members to do so.

The EU official also warned against any support by the West for separatist Kurdish groups who, she said, would destabilize the Middle East.

Earlier reports accused Turkey of buying and transporting oil from both the ISIL and Qaeda-linked Nusra Front. According to the reports, Western intelligence agencies could track ISIL oil shipments as they moved across Iraq and Turkey.

ISIL reportedly controls eleven oil fields in northern Iraq as well as Syria's Raqqa province.

US intelligence officials estimate that the Takfiri militants earn more than USD 3 million a day from oil profit, theft, human trafficking and ransom. They say the militants sell oil and other products via established networks in Turkey, Jordan and Iraq's Kurdistan region. ?Turkey has denied reports of involvement in ISIL's oil smuggling operations.
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Friday, March 21, 2014

World War 3 Has Already Begun

Back in March, 2014,  we explained that 11.7% of the world's population was at war and mapped out the key global geopolitical hotspots. However, while Israel, Palestine, Ukraine, and Iraq monopolize the headlines nowadays, they are not the only groups currently at war. Serious armed conflicts are happening all over the world - we just don't hear about them.

Now just today, an article on Zerohedge loops the Pope into this "conspiracy theory"

While we doubt the pope is much of a trader, based on his latest comments, speaking during a visit to Italy's largest military cemetery, where he was commemorating the centenary of World War I and where he said that a "piecemeal" World War III may have already begun, we assume he too would join the confusion of the BIS and every other carbon-based life form, wondering how it is possible that risk assets are at all time highs which the world is not only teetering on the edge of a new global conflict but may have already in fact entered it. Oh wait, the central banks, never mind.



But back to the pope. From BBC:
A "piecemeal" World War III may have already begun with the current spate of crimes, massacres and destruction, Pope Francis has warned.

"War is madness," the Pope said at a memorial to 100,000 Italian soldiers at Redipuglia cemetery near Slovenia. The Argentine Pope has often condemned the idea of war in God's name.

Only last month, Pope Francis said the international community would be justified in using force to stop what he called "unjust aggression" by Islamic State militants, who have killed or displaced thousands of people in Iraq and Syria, including many Christians, the BBC's David Willey reports.

In Saturday's homily, standing at the altar beneath Italy's fascist-era Redipuglia memorial - where 100,000 Italian soldiers killed during WWI are buried, 60,000 of them unnamed, the Pope paid tribute to the victims of all wars.

"Humanity needs to weep, and this is the time to weep," he said. "Even today, after the second failure of another world war, perhaps one can speak of a third war, one fought piecemeal, with crimes, massacres, destruction," he said.
And don't forget S&P500 at all time highs. Because the New Normal, where apparently world war news is the best imaginable news for risk assets.
But while the Pope may be pacifism personified, his grandfather is quote familiar with the concept of world war: he fought in - and survived - Italy's offensive against the Austro-Hungarian empire, in north-east Italy in 1917 and 1918.
That said, we now fully expect futures to open limit up because there is nothing more bullsh for central bank intervention that the world waking up one morning with mushroom clouds all over the place. Just think of all the printing...


Here's a slightly outdated list of the wars happening right now...
This is a slightly older special report from StormCloudUpdates that draws similar conclusions.

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