-Obama polls hit new low, 41 %, Only 5 % support direct Ukraine intervention, Republicans score 27 % approval, 45 % disapproval- WSJ/NBC poll
-Nikkei down on lack of easing
-Shanghai Copper opens limit down , China to lower reserve ratio after tightening too much
As the ZGR predicted the Nikkei is leading the Asian markets lower weighed down by firmer JPY. Analysts see neutral comments from BOJ Gov Kuroda suggesting the central bank may be on hold for longer than expected in terms of adding to monetary stimulus. Before the decision, opinion was split that BOJ might wait until the semiannual release of its projections in April to announce new measures, however that opinion now appears to be shifting to July to allow the central bank some time to assess the impact of higher sales tax. Abe’s influential econ adviser Hamada expressed some further concern, noting the downward Q4 GDP revision should serve as a “warning signal.” USD/JPY fell as low as 102.80 before regaining the 103 handle.
Over 60% of Japan’s nuclear reactors reported to have no plans to request a restart, suggesting Japan risks continued trade/current account deficits. Separately, Kyushu Electric was reported to be the first utility to be granted permission for “final checks” ahead of resuming nuclear power generation, but that may still require approval from local bodies. Under the best scenario, Kyushu will still be unable to restart a nuclear plant by the time summer starts.
(JP) JAPAN FEB DOMESTIC CGPI M/M: -0.2% (first decline in 4 months) V +0.2%E; Y/Y: 1.8% (8-month low) V 2.1%E
(JP) JAPAN Q1 BSI LARGE ALL INDUSTRY Q/Q: 12.7 V 8.3 PRIOR; BSI LARGE MANUFACTURING Q/Q: 12.5 V 9.7 PRIOR (4th quarter of increase)
(JP) Japan Jan Conference Board Leading Economic Index: 100.4; m/m: -0.7% v -0.2% prior
(JP) JAPAN JAN TERTIARY INDUSTRY INDEX: 0.9% V 0.6%E (8-month high)
(CN) PBOC sets yuan mid point at 6.1343 v 6.1327 prior setting (weakest Yuan setting since Dec 3rd)
(CN) Shanghai Copper opens at limit down by 5.0%, at CNY43.8K/t; Iron-ore futures down 2.2% in China’s Dalian Commodity Exchange
(KR) SOUTH KOREA FEB UNEMPLOYMENT RATE: 3.9% V 3.2%E (3-year high)
(KR) SOUTH KOREA FEB EXPORT PRICE INDEX M/M: 0.7% V 0.1% PRIOR; Y/Y: -3.6% V -1.9% PRIOR; IMPORT PRICE INDEX M/M: 0.8% V -0.3% PRIOR; Y/Y: -4.8% V -3.0% PRIOR
(KR) SOUTH KOREA FEB BANK LENDING TO HOUSEHOLD (KRW): 479.7T V 477.8T PRIOR
(KR) SOUTH KOREA JAN MONEY SUPPLY L M/M: 1.3% V 0.2% PRIOR; M2 M/M: 0.4% V 0.4% PRIOR
(AU) AUSTRALIA MAR WESTPAC CONSUMER CONFIDENCE INDEX: 99.5 V 100.2 PRIOR; M/M: -0.7% V -3.0% PRIOR (4th consecutive decline)
(AU) AUSTRALIA JAN HOME LOANS M/M: 0.0% V 0.5%E; INVESTMENT LENDING: -3.3% V 2.9% PRIOR; OWNER-OCCUPIER LOAN VALUE: 1.5% V -1.5% PRIOR
|Japan: Nikkei 225||14872.45||-351.66||-2.31%|
|S&P BSE Sensex||21931.98||105.56||0.48%|
|UK: FTSE 100||6685.52||-3.93||-0.06%|
|Australia 10 Year||-1/32||4.198|
|China 10 Year||0/32||4.510|
|India 10 Year||1/32||8.751|
|Japan 10 Year||0/32||0.630|
|German 10 Year||0/32||1.642|
|U.S. 10 Year||0/32||2.771|
-USA After Hours Markets
(US) WSJ/NBC poll Barack received his lowest marks ever, winning approval from only 41%. George W. Bush won approval from 37% at the same point in his presidency. Mr. Obama also earned personal record-setting disapproval from Democrats (20%) and tied his strongest disapproval from independents (62%). The GOP was viewed positively by only 27% and negatively by 45%; the president scored better than that. Only 34% of those polled said their member of Congress deserves re-election, compared to 55% who want to give someone else a chance. Fifty-four percent said they would oust every single member of Congress if they could.The health care law is unpopular, though opinions haven’t changed significantly since mid-2013. Thirty-five percent said Obamacare is a good idea, while 49% said it’s a bad one. For Republicans trying to parlay opposition to the law into victory in 2014, the outlook is muddled. Thirty-seven percent of Republicans and 55% of Democrats said their views of the health care law will not necessarily reflect their vote for Congress. Forty-eight percent would support a Democrat who wants to fix the law, compared with 47% who would vote for a Republican who favors repeal.Americans want hands-off foreign policy. Forty-seven percent said they are less likely to vote for a candidate who believes the U.S. should be doing more to resolve conflicts around the world. Republicans and Democrats were statistically tied on this question. Only 5 percent said the U.S. should take action on its own to resolve the crisis in the Ukraine. These results are encouraging for Kentucky Sen. Rand Paul, a potential contender for the Republican nomination in 2016 who has positioned himself as a leading critic of America’s role as world police officer.
(US) Judge freezes Mt. Gox assets
(US) API PETROLEUM INVENTORIES: CRUDE: +2.63M (3rd straight build and largest build since Jan 28th) v +2Me; GASOLINE: -2.15M v -1.5Me
BA: FAA releases structural warning on B777
PAY: Reports Q1 $0.31 v $0.27e, R$436M v $430Me; +12.1% afterhours
MSFT: Board expands to include Mason Morfit; Declares quarterly dividend of $0.28/shr (unchanged), implies yield of 2.9%; -0.2% afterhours
MW: Reports Q4 -$0.38 v -$0.11e, R$560.6M v $620Me; -1.2% afterhours
CZR: Reports Q4 -$12.83 (incl charges) v -$1.45e, R$2.08B v $2.15Be; -2.3% afterhours
*Stopping poking the Bear
In a landmark vote today, Crimea’s parliament has formally declared its independence from the Ukraine, extending its de facto autonomy to outright secession, and changing its name to the Republic of Crimea.
Crimean independence isn’t going to last though, as the Sunday referendum takes independence as a starting point but provides only two options, either of which will end that status.
Voters will be asked to choose between reunification with the Russian Federation or restoring the 1992 Constitution and Crimea’s status as a part of the Ukraine. There is no option to reject both possibilities and support remaining independent.
Physically, an independent Crimea is roughly the size of Israel or Kuwait, but its population is much smaller, more in line with a nation like Latvia or Estonia.
This is the first time Crimea has been independent since 1783, when it was annexed into the Russian Empire. It remained part of Russia (and the Russian Soviet Socialist Republic during the Soviet era) until 1954, when Ukrainian-born Nikita Khrushchev transferred it into the Ukrainian Soviet Socialist Republic. It remained part of Ukraine since, albeit one with a considerable degree of autonomy.
Crimea’s population is majority ethnic-Russian, and it hosts the Russian Black Sea Fleet. Though a Russian Unity party in Crimea’s parliament has pushed for reaccession into Russia, the region’s secessionist push didn’t really get serious momentum until the recent regime change in Kiev, which ousted a pro-Russian government.
Secretary of State John Kerry has ruled out meeting with Russian President Vladimir Putin for talks on the Ukraine unless Russia unilaterally agrees to all US demands before the meeting.
Kerry said any talks would be “extremely difficult” so long as Russia backs Crimea, and other State Department officials say there will be “little to discuss” if Russia doesn’t force Crimea to halt its weekend referendum.
Russia’s Foreign Ministry says the Crimean referendum is absolutely legal, and that Russia will respect the results of the vote. The US has said it will never accept the results.
The White House also issued a new statement on their ongoing deployment of a single ship to the Black Sea, saying Russia needs to “take note” of the deployment as proof of US military commitment to the region.
The Obama Administration has assembled a team that is working full time on preparing anti-Russia measures, and the team is said to be convinced the US is capable of “badly damaging the Russian economy.”
President Obama is determined to move against Russia and administration hawks counsel moving as quickly and harshly as he can possibly muster, and he and Vice President Joe Biden have been courting nations around the world that might go along with demands to seize Russian assets or sever business ties with them.
Other officials within the administration, particularly those actually involved with economic policy, warn the move is liable to alienate allies who are harmed by the measures, and could provoke a cycle of tit-for-tat retaliation.
The European Union seems broadly split on the issue, with British Prime Minister David Cameron insisting he doesn’t care how much damage sanctions do to his own capital city of London so long as they can stick it to the Russians. Germany, on the other hand, has noted that they and much of central Europe are dependent on Russia for energy purchases, and aren’t willing to see their entire economy crippled by shortages just to spite Russia.
-They hate your freedoms
And have their greedy paws in your back pocket as they hold the false flag gun to yours and your families head be it weather engineering or blown up plane flights with your kin aboard. Give these traitors redcoats.
-Here comes BA hit job by corrupt FAA
-MH370 Radar track
It looked like it tried to make a sharp turn to avoid something and disappeared. Lots of Chinese, Americans, some Ukraines, Russians and 20 key Freescale people who make microprocessor chips for many military applications as well as commercial apps. Freescale is largely WASP run, Austin Texas firm, and it has a lot of USA military clients including probably the NSA. They have Asian fabs. 18,000 employees. This points to the Mossad as the likely head of this black operation, which one has to presume at this point it is. The CIA /NSA don’t knock out their own braintrust as a rule. The MI5 agent we quoted earlier blaming the Chinese say the evil English govt was likely involved as well.
-Yat the Yids (and queer) is coming to USA. Hooray!!
More like Queer America!!
Such a ‘sensitive’ sock sucker like Lenin!! I wonder if he will blow Obama to get his American battalions and tanks??!! Queer globalist are just such ‘sensitive’ and nasty fellows are they not? Let’s hope Obama just slips him the stiffy and a fifty and tells him to go get the Germans and English to do their own dirty work.
-The unlikely MH370 Iranians hijackers
What clowns CIA criminal Brennan and Andrea Greenspan are!!
Iranian Christians, refugees!!
Ex Mossad/Shen bet type said hijackers took the plane and its been flown somewhere
-Another BA sabotage job..
Or ground crew incompetence? String of ‘bad’ luck for BA in any event Delta has most of their planes serviced in Mexico these days. It’s cheaper they claim to fly them here, than employ American airplant mechanics and engineers to certify the work.
-How England treats Americans
What a nation of cheap Anti-Christs
-CIA hack and assassin Brennan emerges to claim MH370 could have been ‘pilot’ suicide even as phones are still alive
Plane has to be on land if phones were still signaling to ring out. Looks like Brennan went to brief David Rockefeller and the Royal Institute guys about what was bungled and why the phone calls, and how he would handle it. Pray the truth comes out and for justice for the victims families. The Mail is always on top of these false flag stories. Brennan seldom gives public talks and Greenspan’s wife does the interview. The British-Israel crime gang that runs the USA.
The party line from ‘establishment of NYC’.
-Obama/CIA and David Rockefeller, the same old playbook, blowing planes up, shooting them down, putting in vile and violent puppet regimes to loot the country for the English Crown
Just a reminder the boys at the CIA/MI6/Mossad specialize in blowing up planes with leaders on them, or when they want a reason to go to war. Who can forget USA Trade Rep, Larry Brown, or the good Senator from Minnesota , Cheney had blown out of the sky, Paul Wellstone? How about the Flight the 1996 TWA Flight 800, another Boeing plane shot out of the sky. Boeing planes as well hijacked on 911, electronically and flown to wherever they were to be disposed of. If the plane had been sabotaged and blown out of the sky by ‘Iranians’ or ‘Russians’ they would have found the debris by now. Odd not a single text or cell phone message either. Likely its at the bottom of the ocean now.
-MH370 No signs
-Wicked Witch of London, Difi spied on by CIA
She’s actually the evil sort of Mossad/MI6 agent that should be spied on. She’s outraged. Only ‘serfs’ are spied on and political enemies of Israel and England.
-BOE will never reduce its balance sheet
Of course this is lies, the UK has massive inflation like the USA, around 5 pc+ a year.
-The manner in which the Jewish Intelligentsia destroyed the Working class-Atzmon
-Obama’s Daddy, Putin and the Ukraine and here we go again
ex MI5 type. Seems mainly disinformation. Interesting though insight into English propaganda. The ‘jerries’ are running the UK, ha, ha, that’s a good one. How about Angie Merkel doing what her Uncle Jacob tells her to do. I do agree the Ukraine is going to become a vassal state of the London and Germany which have about equal interest in the wheat and natural gas in the Ukraine, and London more than anyone wants back in Russia to loot all the wealth the Russians have built back up.
China shot down Malaysia plan.. not likely Mr. MI5
A Devon geologist defeated MI6/MI5 and sabotaged the Deep Horizon and they had to blow him out of the sky and take nearly 300 people with him rather than just put a bullet in him. Another good one.
Airbus has been the big winner here. That’s a Windsor-Rothschilds firms. Lots of Chinese/Malays and Americans on that flight, no English or Jews for that matter.
-English Crown’s South Sudan Oil Grab
-Iran did not reply to the DT headline that the Ayotollah ordered the Lockerbie bombing per one ‘defector’ now ensconsed in luxury in London.
-German/UK plot on Russia won’t work
It’s largely working for now.
-Russia welcomes Crimea independence vote as lawful
-Lawmakers in the U.K. parliament were somewhat taken aback when a senior Bank of England official said the U.K. central bank destroys the tapes of its monthly policy meetings once it has published the minutes of the sessions.BOE admits it ‘redacted’ currency rigging from prior minutes.
-Analyst pops bubble in fuel cell stock as says PLUG worth 50 cents a share, as it tumbles near 50 % late in the USA trading day
-Gold Rigging lawsuits start to fly, Gold Cartel banks hammered in EU
-CIA accused of spying on Congress over torture report. Harry Reid ‘disappointed’ in CIA
-Bill Gross outed as the $200 million dollar a year man by disgruntled board
-Wholesale inventories in USA tank, Jolts jobs report for Jan disappoints
-China’s boasts of new policy of letting Corporate bonds and other high yield investments fail
-BOE to appoint another Deputy Gov to hide currency rigging shame/crime
-Italy’s Unicredit posts massive unexpected loss $21 bln loss in Q4, shares rally 6 % on the news.
-Austria’s Hypo Alpe-Adria may need eu$3.6 bln+ bailout pushing the Austrian deficit above 3 % of GDP-Nowotny
-China expects to liberalize interest rates in 2 years
-OECD warns FED on Taper /USE
-TEPCO wants to start dumping partially treated radioactive water as tanks overflow
-ECB kicks off AQR bank review with manual release for audit.
-Econ finmin gets underway in Euro-trashed land to resolve SRM differences
-Gold Lawsuit rocks European Bankster shares in EU trading
-Lloyds trader tips off BP in $500 mln FX deal
-BOJ holds, as expected, gives no policy hint as unexpected, as Japan Inc, slowly begins to sink again
-MIA Flight MH370 Baffles aviation and security experts
-Kiev Puppet regime using violence, blackmail, threats, and arrests of political opponents to maintain rule in Eastern provinces, and control of the Ukraine Parliament.
-Kerry Stiff arms Putin/Lavrov in meeting request.
Right after I had written a section on the fuel cell belles of the QE ball, an analysts emerged and said the leading stock PLUG was only worth .50 cents a share. Something I will likely evaluate sometime in the evening. The stock fell from near 12 at the opening to bouncing around six as other fuel cell names followed suit.
The FX traders at the banks look like they want to take on the BOJ and are planning on buying the Yen tonight in Asia which will probably mean a sell off in the Nikkei and China will likely follow as they ‘get tough’ and drain to follow the FEDs taper. The Yen was unable to regain the 103 mark and is slowly drifting down into the Japan session.
Goldman Sachs and Dupont Chemical lead the DJIA down today. It’s only a matter of time before GS is dragged into many of these lawsuits. It could be its trading desk is ‘clean’ and only executing FED trades in gold, but I doubt that.Energy and materials stocks led the losses on the S&P for the day , while all ten main sectors finished lower.
-USA Summary -FINAL
“It isn’t our job to go out hunting for rigging of markets”
BOE Deputy Fisher, on WSJ/FX wire
“This is important to the FX market and to the integrity of the Bank of England. We owe it to the people of this country, to parliament, and to our employees, who have acted with integrity and a spirit of public service. We can’t come out of this with a shadow of doubt about the integrity of the Bank of England”
Mark Carney on BOE /FX rigging. Lying through his teeth today in testimony to Parliament. WSJ
That 41 tons of gold the BOE gang grabbed in the Ukraine won’t cover London’s gold shorts for long. Incredulously the BOE initial internal review found it was not involved in the currency rigging. The person responsible for the review has been replaced. The Bank of England is entangled in a sprawling probe of manipulation in currency markets, announced it will appoint a new senior official, and deputy gov., to tighten internal oversight and will join forces with other central banks to examine what has happened, its Governor, Mark Carney said today in late testimony before the UK Parliament. During tense testimony, Mr. Carney said the BOE first became aware of allegations that it could be pulled into the probe on Oct. 16. The BOE immediately launched an internal investigation to ascertain the involvement of its staff, he said, but kept that secret for months. Mr. Carney said the bank’s publicly released minutes were redacted to exclude any mention of the matter.The new deputy governor, who will focus on financial markets and banking, will have a role overseeing BOE employees’ relationships with market participants. “One of the first tasks of that individual is that he or she will conduct a root-and-branch review of how we conduct market intelligence and how we use it,” Mr. Carney said.
Despite another, and this one a major lawsuit, hitting the gold Cartel banks , the rig went on today as gold was capped below$1350 after it tried a break out. We are likely looking at a long, long series of announcement of hedge funds and mutual funds suing the Gold Cartel banks. Too many lawsuits in too many venues likely that every judge can be paid off like prior lawsuits on gold rigging were squashed. These banksters are not dying by coincidence as all these London centered scandals explode in the news.
U.S. oil production will grow slightly less than previously expected this year and next, while consumption will remain steady in 2014 and expand in 2015, the U.S. Energy Information Administration said today.
I managed to catch near the high in the DJIA today and put on more SP/DJIA shorts there and am holding overnight for protection. The Unicredit announcement is bound to cause fireworks in Europe when it opens tomorrow, and possibly even in Asia as they realize those peripheral bonds they have been buying in Italy come with a lot of risk, and risk not priced in. You can probably look for the PPT to come in near the close and to push the markets into the green.
We had a spate of bad news, sure to be blamed on the weather today in the USA. The 1.9% drop in Wholesale Sales is the largest in 5 years and aside from the financial crash of 2007/9 is the worst since 1993, and is also the biggest miss on record. Inventories rose more than expected , +0.6% vs +0.4e% which is a clear problem as inventories/sales ratio surged to its highest in 11 months. Autos saw the largest inventory build which was not unexpected given the warnings from all the USA automakers. The syndicate that owns cars.com, knows what they are doing trying to sell now it appears.
Investors were jolted by the Jan Jolts job openings report, again sure to be blamed on the weather. Although the report tried to soft peddle the raw data with some more new statistical adjustments. Still quits rates declined in Jan, one of Yellen’s favorite measures from her favorite (and highly unreliable) jobs report. The premise if you’re not familiar with it is the more people that ‘quit’ their jobs the better the economy is doing versus forced separations.The “hires” rate, or the number of hires as a share of the employed, remained stuck at 3.3% for the fourth straight month, suggesting firms aren’t picking up their hiring. This rate was 3.2% in January 2013—and in January 2012.
(US) Jan Wholesale Inventories M/M: 0.6% v 0.4%e; Wholesale Trade Sales M/M: -1.9% v 0.2%e
(US) Jan JOLTs Job Openings: 3.97M v 4.015Me
(US) Feb NFIB Small Business Optimism: 91.4 v 93.8e
(US) ICSC Chain Store Sales w/e Mar 8th: w/w +1.3%; y/y: +2.1%
(US) Redbook Retail Sales w/e Mar 8th +2.5% y/y, Mar MTD: -0.7% m/m
(BR) Brazil Jan Industrial Production M/M: 2.9% v 2.5%e; Y/Y: -2.4% v -3.4%e
(BR) Brazil Jan CNI Capacity Utilization: 82.7% v 81.2%e
(MX) Mexico Dec Gross Fixed Investment: 0.7% v +0.1%e
In the blame the weather department, as Corporate Q1 updates draw to a close, Dupont noted Q1 revenue and earnings growth will be challenged by the extended cold temperatures and winter storms in North America, business disruptions in the Ukraine, and farmer uncertainty which may impact the timing of sales and potential changes in planted area in agriculture. Union Pacific sated they expected weather specifically to impact Q1 negatively by $0.03-0.04 at a JP Morgan investor conference.
Urban Outfitters lost more than 5% after Q4 results missed expectations on the top-line and management noted they remained very cautious regarding Q1 performance. Similarly, American Eagle Outfitters met already lowered Q4 expectations and said Q1 SSS would be down in the high single digits. Shares lost another 6% after Q4 margins contracted 1000 basis points y/y. The weather got copious blame from the retail crowd, nevertheless Dick’s sporting goods made a lie of that in today’s excellent report. They don’t break out their guns and survival sales though :)!
Apple Inc.’ stock was bumped up to outperform from sector perform with a price target of $635 at Pacific Crest Securities on Tuesday.
Shares in J.C. Penney (JCP) jumped nearly 10% after an analyst at Citigroup called it an American comeback story and upgraded the stock to buy from neutral.
Stocks of fuel-cell companies have been on a roar lately, prompting some bubble observations at last from market pundits. But it doesn’t look like their run is going to end today at least.FuelCell Energy FCEL was last up 16%, while Plug Power PLUG gained 6%.Fuel-cell company stocks like Plug Power Inc. extended their gravity-defying climb Tuesday in the morning. Plug Shares plunged after Andrew Left of Citron Research came out and said Plug Power the stock price would be fairly valued at 50 cents, and are down nearly 50 % from the high of today of this report. Other names are following suit.
In the greed knows no bounds, PIMCO the trustee, William Popejoy, took issue with the size of the salary, characterized Mr. Gross’s recent performance as “mediocre” and labeled the fund manager’s style as “bullying, if what I read is true.” From the LA Times:
“You could hire 2,000 schoolteachers for that money,” said William J. Popejoy, a former financial executive who has been a Pacific Investment Management Co. trustee for 23 years. “I don’t know what Bill should be paid, but $200 million is not appropriate.”…
There are a lot of equity valuations warnings out there in the USA. Another came from DB today that called attention to the out performance of the USA markets versus the China market (QE, versus mopping up from QE).
Either U.S. stocks need to pull back, or Chinese equities need to get their act together DB more or less said.
Copper futures declined below 3.00 dollar today although Barclays reported physical buying in Asia at these levels as the sell off abated from the horrid Chinese trade data reported recently.
Bank of America Corp.’s head of global prime brokerage is in discussions to leave the firm, people familiar with the matter said. Stuart Hendel, who has held the position since 2011, talked with bank officials in recent days about leaving in the next few months, the people said. The rats are deserting the sinking ships.
The back-and-forth volley between Men’s Wearhouse (MW +4.44%) and Jos. A. Bank JOSB (+3.90% )has come to a close as Men’s Wearhouse said it will buy its smaller rival for $65 a share in cash, or $1.8 billion in total. That was above the previous bid, of $63.50 a share, which Jos. A. Bank had rejected in late February. Jos. A. Bank, meanwhile, said it will terminate its deal to buy Eddie Bauer. The company had said in February that the termination fee for Eddie Bauer would be equal to less than 3% of Jos. A. Bank’s equity value based on Men’s Wearhouse’s tender-offer price at the time. Men’s Wearhouse rose 5% after confirmation of the agreement, while Jos. A. Bank shares climbed 3.8%. NYT
FX Focus remains on the JPY currency after participants argued that the BOJ would have to eventually do more to support the economy once the sales tax increase was implemented next month. The last time VAT was hiked back in 1997 sent the Japanese economy into a tailspin. The Y/D remained steady near the 103 area as the USA trading day draws to a close.
Given all the ECB officials and think tanks that want a big print out of the ECB and the current dire situation of trying to absorb 40 million ultra poor Ukrainians into the EU, the German’s may think the ‘prize’ is worth it, plus Unicredit and Hypo Alpe-Adria are showing us banks are in bad shape and badly under capitalized in Europe.
The ‘will’ to do that with Bail-ins or more state funds may not be there and the ECB may have to permanently take bad paper off their books to get the EU economy outside of Germany moving again. The German banks got some passes on the audit the quality of their housing paper from the ECB. That did not come without a price.
The questions is which CB will blink first. You know the German pols don’ want to do QE until after the May election. The BOJ wants to wait on the FED, and follow it. And the FED wants to play the jobs bluff and weather game for as long as they can. And the PBOC does not want to make a move ahead of the FED as it pegs to the dollar despite recent disclaimers.
|Australia $ (AUD/USD)||0.8975||-0.0046|
Updating the Ukraine regime, the ZGR highlighted how most all of the Ukraine tanks were rust and not capable of being restored to service, yet the Ukraine found some good ones and conducted live fire drills today. Over the last couple of days, actually last week Kiev nutters have called for the Ukraine to go nuclear which would not really be possible, and today one suggested they use Nukes to take the Crimera back. Fist fights broke out on the floor of the Ukraine Parliament in Kiev as ‘strong armed’ tactics and threats by Zionist-Nazis were the order of the day.
Russia’s Foreign Ministry said on Tuesday that planned U.S. financial aid to Ukraine is illegal and outside American legal norms since it would be funding an illegitimate regime. ”By all criteria, issuing funding to an illegitimate regime that seized power by force is unlawful and goes beyond the framework of the American legal system,” the ministry said in a statement.The statement echoed assertions made earlier in the day by ousted Ukrainian president Viktor Yanukovich. The ministry also warned Washington about the consequences of “unconditionally indulging radical elements” in Ukraine.
The regime president Yat the Yid arrives to deliver London’s message to Obama tomorrow. You wonder what note he has from Cameron, Merkel or Rothschilds?
While the Tartars struck a deal in Crimera today, it looks like the Saudi Arabia is ready to send free lancers in.
Russia had to cancel their schedule bond auction today.
In more geopolitical news it does not look like the press and spooks will be able to pin the tail on the Iranians in the missing MH370 flight.
We had EU equity rally into the close of the European markets. It looked to be black box driven , perhaps generated by ESM or someone buying futures for them especially as the lift off came near the EU close on no data as we have so often seen which was very strange in light of the escalation of tension in the Ukraine.
The USA markets were marked by whipsaws all morning and clear intervention in the futures market, black boxes slugging it out, so it was not like the EU futures had anything to lift off from in the USA that was solid in terms of market action black boxes could key off of or good economic data or even good earnings reports. A lot of trading opportunities in the USA morning which I just finished exploiting.
I covered my remaining DAX short this morning as it looks like the ECB/ESM wants to take it back up from here. I will be looking to re-short the DAX at some point. Hopefully I can spot when.
The rally was very suspicious in light of going into Italian banking Giant Unicredits massive loss reported today. Italy’s biggest bank, posted a record 15 billion-euro ($20.8 billion) loss in the fourth quarter after setting aside money for bad loans and writing down goodwill, the largest ever reported for a European bank. UniCredit took a charge of more than 9 billion euros on intangible assets, including goodwill writedowns at its Austrian unit. With the ECB’s AQR starting today, you would figure all these banks would finally have to come clean to a certain extent, and what a shocker Unicredit was. Would you be long ahead of their earnings announcement. Yet someone was in Italy, more than likely the BOI/ECB/ESM. Shares rallied 6 % on the unexpected news. Markets don’t behave like that.
Various ECB members (Noyer, Lautenschlaeger and Constancio) have remained vocal in the media by trying to clarify the ECB’s stance after last week’s disappointment when the central bank did not announce any new measures to address deflation or the imploding periphery. They all have the same talking points as Draghi from his press conference, so nothing new was said today. Noyer yesterday revealed the ECB ‘unhappiness’ with the Euro level despite a massive trade surplus with the USA but promised no specific action yesterday or today. German industrial data today suggests the Germans would not dare target the Euro to $1.20. Yet the TAFTA talks are progressing with Europe as Europeans are looking to dump goods from their slave colonies in Eastern Europe into the USA with $1.30 hour labor.
Given the Pentagon answers in to London and has a very well documented history of targeting commercial airline flight, who knows perhaps trying to destroy BA is the only real plan they have in the EU. Industrial sabotage and spying are the norm. Rolls Royce still has not settled the lawsuits for stealing Pratt Whitney’s Patented Jet engine fan design. Europe is a very dark and immoral place. The live for the La Dolce Vita at the expense of the rest of the world, London especially. America’s same enemy in 1776, leads the attack against it working class people daily, now with its client states of Germany, subdued after two world wars and France taken captive by the Banque De France and the DeRothschilds control of it.
We had the disgusting DT headline this morning claiming Iran was behind the Lockerbie PanAm flight sabotage and the current MH370 flight disappearance looks set to be blamed on Iranians as well by the London controlled Western Press. You can ask yourself the ancient Roman question of ‘who benefits’ to figure out whom the most likely culprits are. Anything involving Iran, Israel/Mossad have to be the prime suspects of terrorism.
EU leaders next week plan to call for a reduction of EU dependence on Russian gas, draft summit conclusions seen by Reuters, say. The document voices concern on “high energy dependency rates, especially on gas, and calls for intensifying efforts to reduce them, especially in the most dependent member states.”
The EC gave a temporary and emergency reduction in tariffs to the Ukraine to prop their puppet regime up today. The EU says the reductions are equivalent to 500 million euros a year. Surely an inflated figure. They say 400 million will be agricultural products. They expire Nov 1, 2014.
Industrial Products: Existing EU tariffs for industrial goods exported from Ukraine will be removed immediately for 94.7% of products. For the remaining handful of products (some chemical products, etc.) the tariffs will be reduced.
Agricultural Products: For agricultural goods, the EU has taken important but more limited action to open up its market to Ukrainian agriculture. This will ensure the European agricultural sector is not harmed by this unilateral trade action.
In concrete terms, the EU will grant immediate and unlimited preferences to 82.2% of Ukraine’s exports. For the other products (cereals, pork, beef, poultry and a handful of additional products) a partial liberalisation is achieved by the granting of duty-free tariff rate quotas (TRQs), which limit the amount of certain goods able to benefit from the trade preference.
Processed food products: The EU will grant immediate preferences to 83.4 % of Ukraine’s exports. The remaining 15.9% will be partially liberalised through TRQs.
The Luxembourg Fin Min said in a WSJ story his PM may give in to EU savings-tax directive and end banking secrecy next week.
Attempts to nationalize Austria’s regional lender Hypo Alpe-Adria could cost an additional €3.6bn in state aid this year, reports The Financial Times. The bank has already cost the taxpayer €4.8bn. Austria’s central bank said the additional aid could push the national budget deficit above the EU’s 3% limit.
France says sanctions on Russia could start this week
Western officials meet in London today to draw up a list of Russian individuals to target with asset freezes and travel bans if Moscow refuses to withdraw troops from Crimea. French Foreign Minister Laurent Fabius has said that decisions on sanctions “could be taken as early as this week.” Meanwhile, the German press reports that Berlin is toughening up its stance and becoming less hesitant to adopt sanctions on Russia, while Polish Prime Minister Donald Tusk has urged Germany to reduce its reliance on Russian gas.
Separately, the Mail reports that British aid money has been used by the EU to train Ukrainian soldiers in riot control. Labour demanded an inquiry last night into whether the £1m project helped train troops accused of shooting protesters during the overthrow of the Ukrainian government last month.
Wouter Bos, former Dutch Finance Minister and former leader of the centre-left PvdA party, has called for a referendum on whether the Netherlands should keep the euro, which he thinks would boost the “democratic legitimacy” of European integration. He added that, if the ‘No’ were to win, “No then should mean no, with all consequences” – including a Dutch euro exit.
EU finance ministers said overnight that they made progress on plans for a single resolution mechanism (SRM) under the eurozone banking union, but no conclusion was reached and talks will continue today. French Finance Minister Pierre Moscovici suggested Germany was close to accepting an eight year timeline for the build-up of the resolution fund, as opposed to the ten years currently scheduled.
Cypriot Central Bank Governor Panicos Demetriades resigned yesterday, citing “family and personal” reasons. He will be leaving his post on April 10. Reports in the Cypriot media suggest Demetriades could be replaced by Chrystalla Georghadji, currently serving as the island’s Auditor General.
On his blog, Dutch socialist MEP Dennis de Jong notes that EU member states have agreed to raise the salaries of European civil servants, despite previously calling for a pay freeze.
Swedish daily Aftonbladet reports that the anti-immigration Sweden Democrats are considering joining a new political group that France’s Front National is trying to set up for the next European Parliament.
Greek Finance Minister Yannis Stournaras came under pressure at a meeting of eurozone finance ministers yesterday to wrap up the latest review of Greece’s bailout – which has dragged on for 170 days – by the end of this week.
Reports in the French press suggest France’s Finance Minister Pierre Moscovici has set his eyes on an important economic portfolio in the next European Commission.
After nine consecutive quarters of recession, Italy’s GDP grew by 0.1% in the last quarter of 2013 compared to the previous three months. Italian press.
The FT reports on growing opposition to the inclusion of an “investor-state dispute settlement” (ISDS) provision within the EU-US free trade deal (TTIP) currently being negotiated. The clause would allow investors to sue governments if their investments were threatened.
The ECB will today announce further details of the methodology for its upcoming Asset Quality Review (AQR) of bank balance sheets. However, the FT reports that the review will not include scrutiny of German banks residential mortgage portfolios, despite German regulators voicing concerns over a potential property bubble in the country.
In an interview with Bild, David Cameron said “it would be good for Europe, not only for the UK, if the EU is more open, competitive, and flexible…I believe there are also many people in Germany who perceive the EU as too bossy, too regulatory, too overbearing.” He also called for the EU “to be flexible enough to cooperate more closely with countries such as the UK who do not want to join the euro.”
(CH) Swiss Parliament spring session Bern
(EU) EU, U.S. hold Trade talks in Brussels thru Friday
(GR) Greece Q4 Final GDP Y/Y: -2.3% v -2.6%e
(RU) Russia Feb Light Vehicle Car Sales Y/Y: -2% v -2%e
|UK: FTSE 100||6696.50||7.05||0.11%|
|France: CAC 40||4368.10||-2.74||-0.06%|
|Stoxx Europe 600||332.45||1.05||0.32%|
(US)Federal Reserve Bank of Chicago President Charles Evans said Monday “there’s not a large expectation” the current system of numerical thresholds will remain in place for much longer. The Fed is likely to replace it with more “qualitative” guidance, he said in a speech at Columbus State University. Press
(US)Given the uncertainty about the strength of the U.S. recovery, and the impact tapering may have on developing economies, the OECD said while it is right for the U.S. Federal Reserve to scale back its asset purchase program, it should do so gradually over the next two years.The OECD said the potential for further periods of financial market volatility and capital outflows from developing economies as the Fed and other central banks prepare to reduce their stimulus is one of the most significant threats to the global recovery.
(US)A U.S. investment-management firm has filed a lawsuit against the five banks that set the London benchmark gold price, alleging that the banks conspired to manipulate the price of gold for their own gain.Documents seen by The Wall Street Journal show that AIS Capital Management, based in Connecticut, filed a class-action complaint late Monday against Barclays PLC, Deutsche Bank, HSBC Holdings PLC, Bank of Nova Scotia and Société Générale SA in the U.S. district court for the Southern District of New York.The suit is on behalf of AIS and other investors who held or traded gold and gold derivatives that were settled based on the gold fix, or who held or traded COMEX gold futures or options, from 2004 to present.
(US) Small-business sentiment slumped in February, on concerns over sales, the economy and employment driving the downturn, according to data released Tuesday. The National Federation of Independent Business said its small-business index dropped 2.7 points to 91.4. Six components fell, one rose, and three were steady. The worst component was earnings trends, with a net negative 27% reading, while the best was plans to make capital outlays, with a net positive 25% reading. The index hasn’t been over 100 since 2006.
(US) Manpower’s Q2 hiring outlook remains stable q/q and 2% higher y/y.
(US)Blackstone Group LP has reached a deal to acquire a majority stake in information security company Accuvant Inc., which aims to protect its clients against cyberattacks and similar threats.
(US) Dick’s Sporting Goods Inc. DKS +0.96% reported its fourth-quarter profit rose to $138.6 million, or $1.11 a share, from $129.7 million, or $1.03 a share, a year earlier. Revenue rose to $1.95 billion, from $1.81 billion a year earlier, the sporting goods retailer said Tuesday. Analysts had expected earnings of $1.11 a share on revenue of $1.94 billion, according to FactSet. The company said same-store sales increased 7.3% last quarter, which boosted profit alongside a strong merchandise margin. The firm said it expects to earn between 51 cents and 53 cents per share in the first quarter, and forecast a full-year 2014 range of $3.03 to $3.08.
(US) American Eagle Outfitters Inc. AEO -6.76% said on Tuesday that its fiscal fourth-quarter profit fell to $10.5 million, or 5 cents a share, from $94.8 million, or 47 cents, a year earlier. Sales dropped 7% to $1.04 billion from $1.12 billion. Comparable sales declined 7%. Excluding non-recurring items, adjusted profit in the most recent quarter was 27 cents a share. The teen clothing retailer forecast first-quarter profit to break even compared to an adjusted profit of 18 cents a share a year earlier. Analysts surveyed by FactSet were looking for profit of 26 cents a share in the fourth quarter and 13 cents in the first quarter. “Business conditions remain challenging, with severe winter weather contributing to weak demand,” the company said in a statement, adding same-store sales have declined in the high-single-digit percentage so far. American Eagle shares fell 6.4% in premarket trading.
(PT) Portugal’s economy grew 0.6% in the last three months of the year compared with the previous quarter, thanks to an increase in domestic demand and exports,.The figure is slightly higher than the 0.5% the agency had previously estimated. The economy rose 1.7% in the fourth quarter from the same period in 2012, although it still fell 1.4% for the entire 2013.
(JP) TEPCO wants to start dumping partially treated radioactive water into Ocean: http://rt.com/news/fukushima-contaminated-water-cleanup-066/
(UR) Crimea expects Russia to provide a $1 billion package of financial aid over several months, Deputy PM Rustam Temirgaliev told Interfax. The money would allow the Ukrainian region’s authorities to pay salaries and pensions amid its stand-off with the coup-imposed government in Kiev.
Earlier Kiev blocked Crimea’s access to financial electronic databases hosted in the capital, which prompted Crimea to start transition to the Russian financial system. The region will also not pay taxes to the central government starting with March, citing Kiev’s failure to transfer due payments to the regional budget.
Russia’s State Duma will consider the question of the Autonomous republic of Crimea joining Russia on March 21.The law which approves the transition of new territories to Russian federation was introduced by the Fair Russia party.According to the initiators of the law “there is no effective sovereign power in Ukraine which could protect the rights and freedoms of its civilians.”“Inclusion of any territory to Russia will take place after the referendum of the region which wants to be a part of the Russia,” add Fair Russia officials.
The website ‘Referendum 2014’, which is dedicated to the March 16 2014 referendum on the status of Crimea, has reportedly undergone Distributed Denial of Service Attacks (DDoS). Activists tasked with maintaining the site said the “massive” attacks were directed from both the United States and Ukraine, Interfax news agency reports.The site founders had initially opened the site with the .ua Ukrainian domain before switching over to a Russian domain. They accused Kiev of attempting to “restrict freedom of speech.”“On the night of March 11, 2014, our [site] was subject to DDoS attacks and was blocked twice over.”
European Union finance ministers resumed talks today as they search to break a deadlock on the SRM for the euro area. European Central Bank President Mario Draghi last week said that failure to reach a deal before May’s parliament elections would have severe consequences for the euro-area and its banking union.
Data today showed German exports jumped 2.2 percent in January, more than the 1.5 percent increase projected by economists . That was the biggest month-on-month growth since May 2012. Imports jumped 4.1 percent in the period, also exceeding estimates.In the U.K., industrial production rose 0.1% in January month-on-month, slightly below analyst expectations and lower than the December improvement.
European markets opened up, only to trade mixed later in the session as there was no hidden hand under the peripheral bond market and on the Ukraine uncertainty as England , Germany and France took it to Russia in the press and with the proposed EU sanctions. The DAX outperformed. Mining shares rebounded from yesterday’s drubbing a bit. Bank shares took a hit on the gold market rigging lawsuit news and FX market rigging news that BBN reported between Lloyds and BP.
Energy [Ceres Power CWR.UK +12% (agreement with Cummins)]
Industrials [Geberit GEBN.CH +1.5% (FY profits above ests)]
Consumer Discretionary [Brunello Cucinelli BC.IT +7% (FY13 profits rose sharply), Inchcape INCH.UK +3.5% (raised dividend 20%), DeLonghi DLG.IT +3% (FY profits above ests); Technicolor TCH.FR -4% (share placement)]
Technology [DKSH DKSH.CH +4% (FY profits rose y/y); ComputaCenter CCC.UK -3% (cautious outlook)]
Financials [HannoverRe HNR1.DE -1.5% (Q4 op profit below ests)]
Basic Materials/Resources [K+S SDF.DE +1% (broker commentary); African Barrick Gold ABG.UK -12% (share placement)]
VIV.FR: Altice affirms €10.9B cash and share offer for 32% stake in combined Numericable/SFR
Russia’s stock market returned from a holiday to sharp losses on Tuesday, with the blue-chip MICEX Index dropping 2.5% to 1,306.42 to trade back near March 3 lows. The index closed down last week with the worst weekly losses since May 2012 as tensions heated up between Russia and Ukraine over the former’s military presence in Crimea.
Gold climbed toward a four-month high in London as the standoff between Russia and Ukraine spurred short covering by London. You wonder how much of that was Lloyds exposed as tipping BP off about $500 million FX deal in clear market collusion ahead of the EU opening. If they rig FX markets in such a blatent manner in England, the gold market which has implicit govt support for rigging is far worse as Bafin implied. Barclays lead the charge down (-2.7 %) in London on their part in the gold rigging lawsuit in the USA. Bullion for immediate delivery rose 0.6 percent to $1,348.39 an ounce by 9:50 a.m. GMT. It reached $1,354.87 on March 3, the highest since Oct. 30. Gold for April delivery added 0.5 percent to $1,348 on the Comex in New York, where futures trading volume was 15 percent below the average for the past 100 days for this time of day, data compiled by Bloomberg showed.
(DE) Germany Jan Current Account Balance: €16.2B v €15.3Be; Trade Balance: €15.0B v €15.0Be; Exports M/M: +2.2% v +1.5%e; Imports M/M: +4.1% v +1.4%e
(SE) Sweden Feb CPI M/M: 0.4% v 0.5%e; Y/Y: -0.2% v -0.2%e; CPI Level: 312.70 v 312.79e
|UK: FTSE 100||6671.18||-18.27||-0.27%|
|France: CAC 40||4355.59||-15.25||-0.35%|
|Stoxx Europe 600||331.29||-0.11||-0.03%|
(EU) Eurogroup chief Dijsselbloem: made solid progress on Single Resolution Fund (SRF) agreement
(EU).The European Central Bank Tuesday laid out exactly how regulatory authorities should probe the assets of 128 of the euro zone’s largest banks currently under review. The publication of the 285-page manual, available on the ECB’s website, effectively launches the second phase of the ECB’s bank review, which will run until August.
(EU) OECD Interim Economic Assessment for G7 economies-late in day
(EU) EU and US hold Trade talks in Brussels thru Friday
(CH) Zurich Insurance plans a re-organization and cost cuts including 800 job reductions
(UK) Bank of England Governor Mark Carney on Tuesday defended the bank’s forward-guidance framework on interest rates, saying it has contributed to the strength of the labor market. In testimony to the Treasury Committee, the BOE chief was asked about his “bait and switch” tactics on forward guidance, in reference to the bank’s latest revamp of the framework. Carney explained that the guidance was well understood by businesses, which contributed to the improvement in employment. He argued that it was not a bait-and-switch because the bank was doing exactly what it said it would do. “I have no regrets that we’re sitting here in March with more than half a million more people in work,” Carney said. The central bank’s forward guidance laid out in August linked future interest-rate hikes to the unemployment rate, but after a better-than-expected improvement in the labor market, the bank said in February it would focus on a wider range of indicators.
(FR) French Foreign Minister Laurent Fabius said Tuesday the European Union would respond to the crisis in Crimea with sanctions against Russia as early as this week.The sanctions would include asset freezing and visa cancellations, Mr. Fabius said in an interview with local radio France Inter. He said he expects Russian authorities to answer to Western powers’ proposals to defuse the crisis in the Ukrainian peninsula of Crimea currently occupied by Russian troops.”The vote in Crimea is illegal and there could be sanctions as early as this week against Russia,” Mr. Fabius said.He insisted the referendum vote to be held later this week in Crimea on whether the peninsula, home of many Russians, should belong to Russia is illegal. Incredulously Mr. Fabius added the current government in Ukraine which took power from former president Viktor Yanukovych is legitimate since it came from a negotiation to which Mr. Yanukovych took part.
(DE)German Foreign Minister Frank-Walter Steinmeier said the European Union would rather avoid confrontation with Russia over its incursion into Ukrainian territory in Crimea but would have to prepare an EU response if Moscow doesn’t back down.“If the weekend passes without a visible change in Russia’s conduct, then on Monday in the European Council we will have to discuss a next stage of measures,” he said on a visit to the Baltic states, all EU members who are worried about Ukraine.“We don’t want confrontation but the action of the Russian side unfortunately makes it necessary for us to prepare, as I have just outlined to you,”
(IT) Italy Debt Agency (Tesoro) to sell €7.0B in 12-month Bills
|German 10 Year||2/32||1.622|
|France 10 Year||3/32||2.192|
|Italy 10 Year||-6/32||3.394|
|Spain 10 Year||-7/32||3.330|
|U.K. 10 Year||6/32||2.779|
|U.S. 10 Year||-1/32||2.786|
Focus was on the JPY currency as participants argued that the BOJ would have to eventually do more to support the economy once the sales tax increase was implemented next month. The last time VAT was hiked back in 1997 sent the Japanese economy into a nose-dive.
(JP) BOJ deferred on further easing ahead of sales tax increase. Maintains its policy with monetary base to rise between ¥60-70T and keeps economic assessment unchanged for the 7th straight month that economy to recover moderately. Export view was trimmed
(JP) Japan govt tax panel member Doi: Japan decision on corp tax cut possible in June; Japan could rev to cut tax up to 30% – financial press interview
(JP) In post rate decision press conference BOJ Gov Kuroda said Japan was moving steadily to 2% CPI target; no need to adjust policy at this time but will not hesitate to do so if necessary.
(KR) South Korea and Canada complete free trade association talks, deal to start as soon as possible; Canada to phase out Korea auto tariffs over 3 years
(CN) China State Information Center (SIC) think tank sees Q1 GDP at about 7.5% vs 7.7% in Q4 – China Daily
(IN) India Feb Trade Balance: -$8.1B v -$9.9B prior; Exports Y/Y: -3.7% v 3.8% prior; Imports Y/Y: -17.1% v -18.1% prior
|Japan: Nikkei 225||15224.11||103.97||0.69%|
|S&P BSE Sensex||21826.42||-108.41||-0.49%|
(DE) German exports jumped 2.2 percent in January, more than the 1.5 percent increase predicted by . That was the biggest month-on-month growth since May 2012. Imports jumped 4.1 percent in the period, also exceeding estimates.
(UK) Lloyds trader Tipped off BP in 500 mln FX deal
A senior currency dealer at Lloyds Banking Group Plc (LLOY) shared details of a pending order by his firm with a trader at another company to the potential detriment of the bank, according to four people with knowledge of the matter.The Lloyds’s dealer, Martin Chantree, alerted the other trader on Jan. 31, 2013, that his desk had received instructions from the bank’s treasury department to swap more than 300 million pounds ($499 million) for dollars and that they would continue selling regardless of price movements, said two of the people, who asked not to be identified amid a probe into alleged rigging of the currency market. The recipient of the tip worked for oil company BP Plc (BP/), the other two people said…
(UK) MI6 got it all wrong, Lockerbie bombing was work of Iran, not Libya Screams MI6 Stooge at the DT Headline
Yeah, right. It was a joint MI6/Mossad hit job in order to provide cover for the USA to strike Libya under Crown Stooge Reagan, which lead to the current regime change the UK just lead, including murdering Al Quaddafi with the SAS.
Looks like Israel and its handler England are trying to break up the current Peace talks as well as fomenting the next war in Iran.
Watch in a few years, it will be Putin who masterminded Lockerbie bombing according to the DT and the latest Russian defector safe in London, or Berlin, and not the Zionists of Israel or the Fey queers in MI6 or their trainees at the CIA.
The flight was full of Americans, hardly any English were on board or Jews for that matter.
(UK) MI6 offers Putin a compromise
The EU has to be stopped or it will Swallow eventually the USA and Canada into its hell hole and we will all be bowing to Prince Charles or dead.
(CH) Nestle announced proposed changes to the company’s rules that include annual elections of board members and binding votes on executive pay.
(UK) UK FEB BRC SALES LFL Y/Y: -1.0% V +1.8%E (1st decline in 10 months)
In spite of the expected headwinds from higher sales tax starting Apr 1st and disappointing Q4 final GDP data and trade data yesterday, the BOJ did not announce or even hint it would consider expanding its quantitative easing program to keep the slowly sinking ”Abenomics” program afloat. While the BOJ acknowledged exports have “leveled off”, policymakers raised assessment for industrial output and Capex. The latter was very peculiar, as Q4′s final GDP revision saw the biggest downward adjustment in the corporate investment component. Outside of those changes, BOJ left its overall assessment of economy unchanged for the 7th month and also reiterated expectations for CPI (ex sales tax impact) to remain around 1.25% for some time. Japan’s Economic Minister Amari sought to soothe concerns after the downward Q4 GDP adjustments , noting investors should avoid turning pessimistic on the economy, although it remains unclear why they should not. Separately, a survey in local media predicted some 55% of Japan shoppers will reduce spending levels once the sales tax hike goes into effect. The Nikkei was up .6 % on a weaker yen despite the disappointing initial announcement from the BOJ and the tepid response Japanese govt official on why one should not throw in the towel on both Abe and Kuroda and their present slow motion and sinking policy ship. It reminds me of the Japanese govt/Tepco’s response to Fukushima that is proving to be long term fatal to the population. The Japanese have an overwrought saying that is too often their govt, ‘the nail that sticks out gets hammered’.
PBOC Gov. Zhou headlined an active line-up of speakers at the National People’s Congress news conference. Zhou hinted interest rate may be pushed higher amid more prevalent “market forces”, with rate liberalization coming in 1-2 years. Zhou also discussed increasing internationalization of yuan and a hands-off approach by the PBOC, even as the central bank continued to drive down the value with another 3-month low setting. Separately, CSRC chairman said China will continue to expand (Qualified Foreign Institutional Investor) QFII quota this year, and the head of FX regulator SAFE Yi Gang pointed to increased risks in cross-border capital flows.In other notable China press headlines, China State Information Center (SIC) think tank forecasted Q1 GDP slowing to 7.5% from 7.7% in Q4. Former Bank of China President / NPC Financial and Economic Affairs Committee member Li Lihui said China should allow some high-yield investment products to default, with the total size of China shadow banking having risen to CNY20T.
Traders seem reluctant to come back to Chinese markets this morning after yesterday’s bout of panic selling, especially as the PBOC was out talking tough on the currency and continued in its campaign of draining liquidity from the markets.
Hong Kong’s Hang Seng is edging up 0.1+% after losing 1.8% the previous day, while the Shanghai Composite Index is down another 0.3% after tumbling 2.9% Monday. The two indexes saw heavy selling yesterday as the seemingly terrible trade data stoked fear that the Chinese economy is losing steam. Chinese insurers were among the decliners, as mystery still surrounds the fate of the missing Malaysia Airlines flight MH370, which disappeared Saturday on its way to Beijing with 239 people on board. PICC Property & Casualty Co. declined 1%, Ping An Insurance fell 0.8%, and China Taiping Insurance Holdings Co. dropped 0.5%.Mainland banks gained a little ground though, after the central bank Gov. Zhou Xiaochuan said Tuesday morning that he expects China to lift its controls on banks’ interest rates in one to two years. China Citic Bank Corp. and China Minsheng Banking Corp. advanced 1.2% each, and Bank of China rose 1%.
Australia NAB business confidence slumped in February after a surprise strong multi-month highs gave a jolt to the Aussie dollar last month. NAB chief economist said markets got “too excited” about the possibility of economic indicators turning, and improvement is yet to be reflected in the labor market. Moreover, NAB sees domestic demand remaining “flat” and mining investment still “in retreat.”
A meeting with Russian President Vladimir Putin will not happen until Moscow engages with US proposals to tackle the crisis in Ukraine, US Secretary of State John Kerry has said.Mr Kerry told his Russian counterpart Sergei Lavrov that Moscow’s military intervention in Crimea had made any negotiations extremely difficult.US officials say there will be little to talk about if the referendum on Crimea’s future goes ahead. In a televised briefing with President Putin on Monday, Foreign Minister Lavrov said proposals made by Mr Kerry for a negotiated solution to the crisis are “not suitable”.
The World Bank is prepared to offer Ukraine $3 billion in aid in 2014 to support“economic reforms” in the country, the bank said in a statement. It failed to specify particular conditions for the loan.
Crimean authorities have ruled that local district administrations of the autonomy are now under control of and accountable to the Council of Ministers of Crimea and not the authorities in Kiev, the press service of the Crimean parliament announced. In Crimea, the autonomous govt went ahead and formed their own National Guard, and swore in troops. The parliament of the Autonomous Republic of Crimea has sent an official invitation to the Organization for Security and Cooperation in Europe (OSCE) to send a mission to observe the referendum on the region’s future, slated for March 16. More than 1 billion hryvna (at least $110 million) belonging to the regional budget of Crimea, has been frozen by the coup-appointed government in Kiev, according to the region’s treasury department. The aim was to “leave 200 thousand employees without pay, and 180 thousand children without subsidies,” according to a statement put out by the Crimean parliament. Local lawmakers also said that the asset freeze was carried out to sabotage the independence referendum on March 16.Crimean Prime Minister Sergey Aksenov says he has “reached an agreement” with the Tatar minority that constitutes more than 10 percent of the population of the peninsula. According to Aksenov, Tatar representatives will be offered a vice premiership, and at least two more posts in the local government, following personal negotiations with official and informal community leaders.“We are all for friendly relations between ethnicities,” said Aksenov, who pointed out that Tatar representation in local government would almost double.“[If Crimea joins Russia] the Tatars will be subject to Russian laws, which allow different groups to exist side by side. They will have the same rights as us – as Russian citizens.”
Meanwhile NATO on Monday announced that it is to deploy AWAC reconnaissance planes in Poland and Romania to monitor the Ukrainian crisis.Polish leader Donald Tusk has said Germany should reduce its gas dependence on Russia for the sake of EU foreign policy.
Pro-Russian former Kharkov region Governor Mikhail Dobkin has been arrested in Kiev and will face charges of “inciting violations of the territorial integrity of Ukraine, and anti-constitutional behavior,” according to his lawyer Yulia Pletneva.The exact nature of Dobkin’s whereabouts and potential charges against him had been a source of speculation in the Ukrainian media over the past fortnight. At various points, the former mayor – then governor of one of the most populous areas of the country – had been accused of attempting to flee Ukraine and resisting arrest.Dobkin, who has said that he plans to run in May’s presidential election, has persistently denied those reports, and voluntarily entered the police station prior to his detention. Pletneva said that Dobkin will ask to be placed under house arrest, and will plead ‘not guilty’ to all charges.
UDAR party leader Vitaly Klitschko was pelted with eggs and apples at his own party’s rally in Kharkov. The former heavyweight boxing champion used an umbrella to shield himself. Around 100 people carrying anti-EU and pro-Russian posters booed the opposition leader before a police cordon separated them from Klitschko’s supporters.
The Kiev puppet regime continues to resort to strong-armed tactics and violence to enforce its illegality. http://rt.com/news/ukraine-mp-abducted-threatened-882/ . Mass rioting breaks out in Kiev Parliament: http://www.youtube.com/watch?v=IPeGOCNqA4U
(JP) BANK OF JAPAN (BOJ) POLICY STATEMENT: REITERATES TO INCREASE MONETARY BASE AT ANNUAL PACE OF ¥60-70T (AS EXPECTED); Maintains overall economic assessment unchanged (7th consecutive meeting); Raises CapEx and Industrial Production, Cuts Exports assessment
(JP) JAPAN FEB MONEY STOCK M2 Y/Y: 4.0% (5-month low) V 4.4%E; M3 Y/Y: 3.2% V 3.5%E
(CN) PBOC to drain CNY100B in 28-day repos (7th consecutive drain)
(CN) PBoC sets yuan mid point at 6.1327 v 6.1312 prior setting (weakest Yuan setting since Dec 3rd)
(AU) AUSTRALIA FEB NAB BUSINESS CONFIDENCE: 7 V 9 PRIOR; BUSINESS CONDITIONS: 0 V 5 PRIOR
(AU) Australia ANZ-Roy Morgan Consumer Confidence index for March fell to 113.4 from 116.0 in February
(NZ) NEW ZEALAND FEB RETAIL CARD SPENDING M/M: 0.9% V 0.9%E; TOTAL CARD SPENDING M/M: +0.6% V -0.1% PRIOR
(NZ) NEW ZEALAND FEB TRUCKOMETER HEAVY: 2.3% V 0.0% PRIOR
(NZ) NEW ZEALAND FEB HOUSE PRICE INDEX: 3,835 V 3,756 PRIOR; HOUSE SALES Y/Y: -7.6% V -4.3% PRIOR
(PH) PHILIPPINES JAN UNEMPLOYMENT RATE: 7.5% V 6.5% PRIOR
(PH) PHILIPPINES JAN EXPORTS Y/Y: 9.3% V 10.6%E
|Japan: Nikkei 225||15209.07||88.93||0.59%|
|S&P BSE Sensex||21886.06||-48.77||-0.22%|
|UK: FTSE 100||6689.45||-23.22||-0.35%|
|Australia 10 Year||7/32||4.192|
|China 10 Year||0/32||4.510|
|India 10 Year||15/32||8.760|
|Japan 10 Year||-2/32||0.633|
|German 10 Year||0/32||1.629|
|U.S. 10 Year||0/32||2.783|
-After hours Markets
(US)Federal Reserve Bank of Chicago President Charles Evans said Monday “there’s not a large expectation” the current system of numerical thresholds will remain in place for much longer. The Fed is likely to replace it with more “qualitative” guidance, he said in a speech at Columbus State University
(US) SPDR Gold Trust ETF daily holdings rise 7.5 tonnes to 812.7 tonnes (highest since 814.1 on Dec 20th)
EBAY: EBay formally rejected the two board nominees backed by activist investor Carl Icahn and reiterated its opposition to his proposal to spin off its PayPal subsidiary
GM:GM faced new pressure from a powerful member of Congress to explain why it took nearly a decade to recall 1.6 million vehicles for faulty ignitions linked to 13 deaths, even as the auto maker hired a high-profile lawyer to lead its investigation.
LJPC: Reports positive phase II results: Top-line results from clinical trial of GCS-100 in Chronic Kidney Disease; +62.4% afterhours
PME: Reports Q4 $0.51 v $0.44 y/y, R$61M v $28.4M y/y; +16.7% afterhours
FCEL: Reports Q1 -$0.04 adj v -$0.04e, R$44.4M v $42.4Me; +7.9% afterhours
PLOW: Reports Q4 $0.38 v $0.25e, R$73M v $58.8Me; raises dividend 2%; +5.4% afterhours
HIL: Reports Q4 -$0.03 v $0.02e, R$145M v $134Me; +4.7% afterhours
PWRD: Reports Q4 $0.54 v $0.44e, R$151M v $145Me; +4.3% afterhours
DD: Expects Q1 results will be “challenged” by severe weather and business disruptions in the Ukraine, but affirms FY14 $4.20-$4.45 v $4.33e – filing; -0.9% afterhours
CASY: Reports Q4 $0.38 v $0.49e, R$1.79B v $1.80Be; -2.4% afterhours
URBN: Reports Q4 $0.59 v $0.55e, R$905.9M v $911Me; -2.7% afterhours
NES: Reports Q4 -$0.42 v -$0.47e, R$154.5M v $148Me; -4.7% afterhours
-Russian’s Warn Boneheads at USN to stay away from Crimean shorts
One week from today, Crimea will hold a referendum on the issue of secession with the Ukraine, deciding if they will split from the nation, and potentially if they will seek reaccession into the Russian Federation.
The contentious vote has renewed international debate about whether or not self-rule is a right under international law, though the history of positions from all the major powers suggests that their positions are completely malleable and just a matter of what benefits them at any given time.
The West, which has decided in this case Crimea’s self-rule is not in their interest, has taken the position that self-rule is a violation of international law, and that secession votes are only allowed if the regime one’s region is trying to escape from gives them permission.
That’s an historically problematic position for a number of reasons, from America’s own war of secession against a very unwilling Britain to the 1999 secession of Kosovo from Serbia, which Western nations loudly backed.
Russia opposed Kosovar independence, but President Putin argues that Crimea’s referendum is fully in keeping with international norms. He’s not wrong, but the norms suggest that major powers on all sides are cynically reserving self-rule for those they might stand to gain something from.
-Pentagon Vaporizes MH370 with new space based laser?
Should have found something by now even if blown up unless this was a test of a new weapon system. The should have picked up the electronic flight data recorder signal, even if it was on the bottom of the ocean, or spotted some debris. Even if they had hit it with an EMP weapon that would have fried the guidance system and the engine controls, but they should have been able to glide and ditched.
Put no evil past the USA military, the took out TWA Flight 800 in 1996 at Slick Willie Rockefeller’s orders.
Quite a coincidence, 3 major BA incidences in one weekend. Could be operation ‘Get Boeing’ as France is so desperate. The Pentagon is full of every foul demon from hell. Put nothing past those war criminals and murderers.
-Foul Losers in Pentagram, Washington, London, Paris, Warsaw and Berlin make their move for global conquest
The Taliban kicked their arse, imagine how the Russians will cut the jarheads and blackwater mercenaries to ribbons once they get them. We are all Cossacks now in the battle against Lucifer’s new world army commanded by Prince Charles.
-Resisters of the English /Dutch Crown Oil-pipeline rout grab in Syria
-Iran can’t trust USA deal due to Zionist control of Senate
-Russia outraged at Kiev sponsored Terrorism
Yat the Yid and his gang of Nazi-Zionist terrorists have to go.
-Top engineers/scientist killed aboard MH370 flight
Strange, most firms have rules against too many top engineers or managers being aboard the same flight. This could just be operation ‘get Boieng’ or sending a message to China to stay out of the Russian/EU-West fight. Don’t forget Malaysia is part of the English commonwealth. No English were on this plane but maybe one, and no Israelis it appears, but a lot of Americans and Chinese.
-The London octopus swallows the global banana market whole
-Noyer wants lower Euro. Plosser continues to lie about Economic recovery
-USA Stock Margin Debt hits new highs
-German Journalists laugh at ease and Low cost Germany got Ukraine and Tiny ‘Krim’ Putin got -German TV
-Putin defends Crimean referendum legitimacy to EU leaders as Ukraine’s southeast rallies
-Speculation grows that Lost B777 Malaysian flight MH370 enroute to China, terrorism related
-ECB Noyer” ECB not happy with recent Euro strength; stands ready to act; France floats another wild derivative product of small loans to EU debt market, talk marks desperation of ECB and France on BBN-TV ahead of Paris talk with Plosser
-Bond buy down in EU periphery comes after markets start to tank in Europe
-6.9 Earthquake hits offshore Norcal, Humbolt County
-EU/USA Continues to escalate situation in Russia: increases NATO threat and heaps abuse and deceitful Rhetoric against Russia, despite the Western sponsored Coup being fully exposed in the Western Media.
-USA sends troops to Poland and beefs up Air power in Poland
-2 reported killed by police in counter-coup demonstrations by Kiev Puppet Regime, additional shootings reported by far right sector
-Illegal Kiev Regime calls in 300 USA Blackwater Type of Mercenaries.
-Russia increases hold on Crimea ahead of key referendum next Sunday,
-Chinese Feb trade data tanks as does Japanese Jan trade data and GDP; Asian markets sell off , commodities fall on data
-Chaori failure welcomed as sign Beijing getting tough
Weak economic data out of China and Japan drove steep declines in Asia session trading. European markets finally followed Asian markets down to the close. The European market rally started coincident with the hammer down in yield but faded into the close.Executive board member Sabine Lautenschlager was quoted after the EU close as dismissing criticism that the ECB is doing too little about the risks of low inflation, saying the central bank has tools including negative interest rates and asset purchases that it can deploy.
Chinese stocks listed on US markets have tumbled , followed closely by the major commodities names. Comex traded copper futures slid more than 3.5% on Friday and fell another 2.8% in the US premarket. The contract has bounced back in the last two hours. Trading volumes are as much as 90% above average, and speculators switched from a net-long position in copper to a net-short position, according to CFTC data. Traders watched iron ore prices plummet 9% in London trading. Front-month WTI crude has dropped 1.5% to just above $101 in heavy volume. Gold oddly enough managed to rally after a sell off in London regaining perhaps some war premium.
With mega Hawk Plosser up in in Paris, I put on some more shorts at the USA equity opening, and closed some of that out ahead of this report. Plosser is a liar, not delusional, citing strong economic data and increase for faster tightening. Once the weather is gone and another 20 billion a month in QE, the FED will be forced to admit even with the cooked data the economy is off the rails if only from the warnings we will get on Q2 earnings. Of course that assumes the ECB does not panic and start printing or the PBOC does not start to print again. The FED through its shill at the WSJ articulated an aggressive policy of not allowing rates to rise too fast as it begins it tightening cycle. Hyper-evil JPM , London bankster and former Bank of Israel head Stan Fisher is up for confirmation later this week, I urge all readers, even if you’re from another country to contact your(a) Senator and say NO to confirming this bagman of Israel and London whom would love to fund an Iran war with a $5 tln QE. The man has a long criminal history. He’s another ‘untouchable’ like Soros and Henry Kissinger.
McDonalds is only down slightly today after reporting negative comps for the month of February. US comps fell 1.6% “amid challenging industry dynamics and severe winter weather.” The CEO warned that relatively flat year-to-date global comparable sales will pressure margins in the first quarter.
Boeing lead the Dow decliners, down 2.2 % as of this report on a ‘triple’ whammy, the mysterious disappearing B777 flight MH370; a JAL flight to LA diverted to Hawaii due to a hydraulic reading that went south, and some minor cracks in Mitsubishi wings. Carbon fiber can be repaired very easily compared to Aluminum. Recall Mitshubishi heavy industries also delivered a defective turbine to the SONGs plant in California. Mitshubishi cited a process change as the reason for the minor cracks.
Facebook Inc.( FB +2.87%) got a lift from UBS Monday after analyst Eric Sheridan lifted his price target for the stock to $90 from $72, painting the social network’s shares as a “snowball” that’s picking up speed. “We believe Facebook remains undermonetized relative to peers given the time spent on the platform, providing an opportunity for continued strong revenue growth as monetization improves,” Sheridan told clients in a note. I’ve been putting on shorts at 72 with buy to cover orders not far above it. Long term this is just another bitcoin or myspace. With Margin debt at record highs this is a stock ripe for a major fall. The rate of growth has slowed substantially and that is what these stocks trade on. That said the Crown owns this stock and London loves to squeeze the shorts, so this stock is for professional short sellers only.
Ebay is rejecting the overtures of Carl Icahn, saying Monday that it would not put two of the financier’s employees on its board. Icahn’s employees, Jonathan Christodoro and Daniel Ninivaggi, were “not qualified candidates” because they did not have “relevant experience or expertise” and already served on a number of boards for other public companies, the eBay board said in a statement, which misspelled the last name of Ninivaggi. The eBay board also nominated four existing directors for re-election, including the company’s president, John Donahoe.
FMC Corp. (FMC)+4.96% shares rose 5% . The company said Monday it will split into two entities by early next year, with one company consisting of FMC’s agricultural solutions and health and nutrition units and the other will focus on its minerals business.
Plug Power Inc. PLUG shares jumped 25+%, adding to last week’s gains of 77%. Plug Power last week scored a contract with six distribution centers at Wal-Mart Stores Inc. WMT -0.47% and the price target on its shares was boosted by Cowen & Co. analysts on hope of more contracts. Fuel-cell supplier stocks in general have been soaring, with shares of Ballard Power Systems Inc. BLDP +31.06% shares up 28% and FuelCell Energy Inc. FCEL +11.33% up 12%.
Peabody Energy Corp. (BTU) shares also fell 3.7%. Goldman Sachs last week its benchmark metallurgical coal price to $141 from $150 per metric ton in 2014 and $152 to $165 in 2015. “The lower met coal price reflects Australian supply growth and productivity improvements [and] an expected slowdown in Chinese met coal import growth,” said GS analyst.
The English Crown Octopus increased its grasp of the food industry. Chiquita Brands International Inc. (CQB +8.58% ) and Fyffes PLC UK:FFY +42.67% on Monday agreed to merge into a new company called ChiquitaFyffes PLC with a combined equity value of about $1.07 billion. Fyffes Executive Chairman David McCann will serve as chief executive of the new company while Chiquita Chief Executive Ed Lonergan will become the chairman. The deal, which is expected to be completed by year end, would create a banana and produce company worth about $4.6 billion in annual revenue, the companies said. Shares of Chiquita soared 7.8%. CQB is a favorite stock of London insiders like Jim Rogers. CQB is more or less a monopoly business in bananas in the USA and Europe. Its major shareholders are Blackrock, JPM, Dimensional fund partners (London). The management is Anglosaxon and London centric. These people recall the story of Joseph and the Pharoah and how they were to conspire together to steal everyone’s wealth and enslave them. This comes on the heels of the Bush family investment vehicle Cerebrus swallowing Safeway. The Crown does not allow ‘banana wars’ between its Anglo-American firms in case you’re wonder what sparked this merger. Now England controls Bananas as well as Chocolate, Gold, Brent Crude /Crude Prices, Shipping contracts, Metals, the FX markets. England will not go quietly into the night without first starving the ‘colonies’. The losers are the small farmers as usual.
…But in Puerto Cortes, Simon Templeman, Fyffes’s bearded shipping manager, sits slumped on the dock watching as another truckload of confiscated bananas is driven away. “This is what happens in a banana republic,” he says dejectedly. “The big guys win.”
The Para-Olympic games end in Sochi on the same day as the Crimean referendum, March 16. Sparks will fly after that. The shameless EU escalating this tension and fomenting this violent joint NAZI-ZIONIST coup during the Russian Olympics is unforgivable. Putin will have to respond quickly and with extreme measures as madmen only understand force, be it economic or physical. Likely we will soon see the Ukraine land locked, and the Eastern portion of the the Ukraine back in Russia’s hand and the Troika will destroy the West. Europeans are extraordinary smug for making such dangerous moves. Using the USA as the front line , they think will keep the Russian nukes from being aimed at London, Warsaw, Berlin, and Paris. I would not be surprised to see Yat’s head in a noose by next year, hung by his own people for the treason and starvation he is going to bring them if his plane does not disappear like the MH370. Putin should make an example of Yanukovych for his corruption and bungling. Stupidity in leader when combined with so much corruption is simply not to be tolerated, when the stakes are so high. For now he’s a useful Pawn. It’s not clear to me that Russia has developed a deep political bench to run the Ukraine like Germany and London have. Where for instance is Moscow’s or the Eastern Ukraine’s equivalent of Ruslana?
|Japan: Nikkei 225||15120.14||-153.93||-1.01%|
|Stoxx Europe 600||331.40||-1.66||-0.50%|
|UK: FTSE 100||6689.45||-23.22||-0.35|
|E-mini S&P 500||1871.00||-7.00||-0.37%|
I continued to pile on the DAX short as the ECB/ESM rallied the peripheral markets and German markets pushed higher, until, they fell apart going into the close, and covered some shorts above 9200. When Europe’s biggest customer has a terrible trade report, the DAX ought to go down with it, and it finally did. Also when the WSJ tells you stock margin debt is at a new high but not to sell, do otherwise is my rule. I still have some DAX short for insurance from on high. You had two central bank clowns in Paris stinking up the tape, Noyer, who is in a clear panic over the French economy and wants a massive ease to knock the Euro to 1.20 a number the French govt has articulated as ‘right’, so France does not have to effect structural reform, and so the EU can continue to rack up massive trade deficits with the USA, and so Airbus can undercut Boeing on price. In any even the peripheral buy-down’s are failing now to prop markets up in the face of good or bad news in the EU. Likely black boxes following GS/DB/etc which follow the ESM’S are the ‘suckers’ buying Spain and Italy’s debt. It’s probably worth considering shorting Italian 10 years at this point, although I have no current plan to do so and this massive QE program being discussed in Europe from the ECB to think tanks to the govts could whack that plan. It does look like Regling is running out of cash at this point.
Ukraine’s foreign minster said Sunday it could sign part of a crucial EU agreement on trade and integration later this month, despite the turmoil in the country. “The political association with the EU could be signed on March 17 or 21,” Andriy Deshchytsya said in an interview with 1+1 television. That the EU would sign such and agreement with a unelected govt that took power through violence funded by the West would be regarded as an act of war by Russia, given the have articulated their intentions of joining NATO. Once the Special Olympics are over, I suspect you will see the Putin and Russia take the gloves off. He can’t afford the corrupt, and morally bankrupt Western Ukraine , but Russia can afford to break off the East and secure the seaport of Odessa.
UK Foreign Secretary William Hague, and Paedophile cover up man for Maggie Thatcher, has said European countries will “recast their approach to energy and economic links with Russia over time”, while acknowledging that “None of these things force a Russian withdrawal from Crimea. But they will raise the cost to Russia over time.” He added that Europe would face the “great danger of a real shooting conflict” if Russian forces moved beyond Crimea. Die Welt reports that EU Energy Commissioner Günther Oettinger has suspended talks on Russia’s South Stream gas export pipeline.
EU finance ministers will meet in Brussels tomorrow in a final attempt to reach a deal with the European Parliament over the plans for a Single Resolution Mechanism (SRM) under the banking union. The Parliament has suggested that, whatever the proposal to come out of this round of negotiations, it will be voted on in April. Meanwhile, a report by legal experts at the University of Passau, commissioned by the German Green parliamentary faction, concludes that building the SRM on an intergovernmental agreement would breach the EU Treaties, arguing that if such a format were valid the European Commission and Parliament “could regularly [be] circumvented”
The European Parliament has delayed plans for new regulations on money market funds until the next parliament. The parliament’s economic and monetary affairs committee was split on the issue, with some fearing the rules could spell the end for the €450bn money market fund industry.
Writing in Die Welt, Marcel Fratzscher, Head of the German Institution for Economic Research (DIW) urges the ECB to embark on a multi-billion euro bond purchase program, buying government and private bonds in all eurozone countries (up to a value of €60bn per month), to increase monetary stimulus and temper the risks of eurozone deflation.
The German Constitutional Court President says he can interpret EU law, because EU overstepping powers violates rights of Germans.
Ahead of the European Parliamentary elections in May, a new INSA/Focus poll puts Germany’s anti-euro party, Alternative für Deutschland, on 7.5%, with the Liberal FDP on 3%. The CDU/CSU leads with 38%, followed by the SPD on 26%, while the Greens and Die Linke are on 9.5% and 8.5% respectively. Uli Hoeness, president of the German football club Bayern and generous donor to Angela Merkel’s Bavarian sister party CSU, admitted in court on Monday he owes €18.5 million in taxes from secret Swiss acounts, over three times as much as previously stated. The admission may save him a prison sentence.
The Greek press reporting that the Governor of the Central Bank of Cyprus, Panicos Demetriades has resigned.The Troika has written to the Greek government asking for changes to laws governing funding of political parties and the introduction of an ethics code for lawmakers, Ekathimerini reports. The code would bar public officials from other professional or financial activity while in office.
New tax cuts worth €10 billion will not put Italy in more danger of missing the EU’s 3 percent limit on budget deficits, prime minister Mattero Renzi said Sunday. The limit was “a conceptually antiquated idea, but we will respect it” said Renzi, who took office last week. Italy does need to drastically cut taxes but at the same time they have to cut their bloated govt and welfare system, which is not happening here, as well as they would have to roll back trade agreements with Asia.
A new Dagens Nyheter/Ipsos-poll shows that 18% of Swedes think that the development of the European Union is heading in the “right” direction, while 38% thinks it’s heading in the “wrong” direction, 23% are undecided and 20% think it is going in neither the right nor the wrong direction.
Longtime Royal Thug, Luxembourg’s former Prime Minister Jean-Claude-Juncker was officially selected as the center-right European People’s Party’s candidate for the post of European Commission President on Friday. EUobserver notes that the EPP’s manifesto for the European elections arguing against a “centralized Europe that deals with every detail of people’s lives” and argues that EU migrants should only have access to social benefits in other member states if they have worked there.
The FT reports that, according to a new study by Cazalet Consulting, UK insurance companies will cut their holdings of sterling corporate bonds by £50bn before 2020 – as the EU’s new Solvency II rules are pushing insurers to diversify into assets such as infrastructure, residential property and private loans.
The FT Weekend reported that the European Commission is due to unveil a revamped version of the Shareholder Rights Directive next month. The proposal would require shareholders to approve a remuneration policy for directors of listed companies, including a maximum pay and bonus level.
|UK: FTSE 100||6689.45||-23.22||-0.35%|
|France: CAC 40||4370.84||4.42||0.10%|
|Stoxx Europe 600||331.40||-1.66||-0.50%|
(US) Federal Reserve officials are shifting their outlook on how to normalize monetary policy, according to a report by The Wall Street Journal’s Jon Hilsenrath on Monday. After a prolonged period of bond-buying stimulus programs and near-zero benchmark interest rates, the central bank is considering how to exit those policies. The potential new plan involves paying interest on excess reserves in the banking system, as well as holding down rates through a “reverse repos” tool in which the Fed trades with firms outside the banking system who lend it cash in return for interest. That’s a contrast with a previous plan to drain reserves from the system by letting Treasurys and mortgage-backed securities roll off its balance sheet as they mature, as well as using other technical tools, according to Hilsenrath.
(US) FED Plosser (hawk, voting delusional OR liar) : The FED may have to accelerate the pace of tapering to take into account the economic pickup currently ongoing in the U.S. and the improving forecast for the near future.
(US) WSJ columnist John Carney notes Fannie Mae and Freddie Mac put in strong financial performances last year. But national accounts data released this week suggest these were largely built on the FEDs purchases of the securities backed by the two mortgage giants. And while this may have helped them achieve record profits, it’s also a warning about what might happen as the FED’s role fades. http://on.wsj.com/1g0gWKV
(US)Top Democrat Firmly Backs Fischer for Fed Vice Chairman. Charles Schumer (D., N.Y.), a leading Democrat on the Senate Banking Committee, said Friday Stanley Fischer shouldn’t have any trouble getting confirmed as the Fed’s second-in-command. “I’d be surprised if he didn’t get approved and I think it would be America’s loss,” Mr. Schumer said in an interview. Mr. Fischer, former head of Israel’s central bank, is one of three Fed board nominees the committee plans to question at a confirmation hearing Thursday. The others are former Treasury Department official Lael Brainard and Fed Gov. Jerome Powell, who has been nominated to a new term. WSJ
(US) Rand Paul wins big in CPAC straw poll :The Kentucky senator beats Ted Cruz by nearly 20 percentage points.
(US) Don’t ship LNG To Ukraine, Europe, UK, Asia : http://www.politico.com/magazine/story/2014/03/natural-gas-export-ukraine-104414.html?ml=la#.Ux22z_nND-0
(US)The amount of money borrowed to buy stock is hitting new highs along with stock prices. While that’s resulted in a big correction in the past, market strategists are urging caution over panic. WSJ
(EU) ECB Noyer hits Panic Button on Euro strength and Peripheral economy and France Economy : http://www.marketwatch.com/story/ecbs-noyer-low-inflation-may-hamper-adjustment-2014-03-10
(UK) Britain’s Foreign Secretary William Hague, who appeared on the BBC Sunday morning, described Russia’s entering Crimea as a “big miscalculation.”
(RU) Russian Press Criticizes silence of Western Media on Kiev Regime’s violence: http://rt.com/news/kharkov-gun-attack-denounced-842/
(DE) Merkel Attacks Putin: http://www.reuters.com/article/2014/03/10/us-ukraine-crisis-idUSBREA1Q1E820140310
(DE)Former German Chancellor Gerhard Schroeder believes wrong EU policies in Ukraine are the cause for the crisis in Crimea, Der Spiegel reported. According to Schroeder, it was wrong of the EU to propose an association agreement to Ukraine under conditions which required the divided country to choose between the EU and Russia’s customs agreement
(UR)The autonomous Republic of Crimea will introduce the Russian ruble should Crimea become a part of Russia after the March-16 referendum.
(UR) Russian Zionist oily-garch , billionaire, and City of London Aparatchik Mikhail Khodorkovsky has addressed a crowd on Maidan, accusing Russia of involvement in the bloody February clashes, in which more than 100 people were killed. Khodorkovsky claimed that force was used against the protesters “with the agreement of the Russian authorities.” (despite the leaked phone call of Ashton). The former tycoon – who spent 10 years in jail for tax evasion, embezzlement, and money laundering and left for Europe upon release in December – also dismissed allegations that neo-Nazi groups have been taking an active part in protests, calling the accusations “Russian propaganda.” “There are no fascists or Nazis here,” Khodorkovsky claimed.
BA: Reportedly planning to inspect 787 Dreamliner aircraft wings of planes that have yet to be delivered to clients following a client complaint; May cause some delivery delays but will not impact FY14 revenue and delivery guidance -; Malaysia Airlines B777 Flight MH370 en route from Kuala Lumpur to Beijing missing and believed to be lost in the South China Sea, terrorism prospect raised by press; JAL-operated Dreamliner flight from Tokyo to San Francisco made emergency landing in Hawaii due to possible problem with hydraulic system.
MCD: McDonald’s is slated to report monthly same-store sales for February. “We’re looking for another flattish month, with global same-store sales at minus 0.6%. Weather is likely to further exacerbate what was already a fundamentally weak comparable trend for MCD,” said analysts at Deutsche Bank in a report
MCD said Monday that its global same-store sales dipped 0.3% in February, with U.S. sales down 1.4%. The fast-food giant cited “challenging industry dynamics” and severe winter weather for the sales drop in the U.S. February same-store sales increased 0.6% in Europe, as strength in France offset ongoing weakness in Germany, the company said. They were down 2.6% in Asia/Pacific, Middle East and Africa due primarily to weakness in Japan, McDonald’s said. Dow Jones Market Talk reported the domestic decline follows drops in December and January, and these performances are “concerning of course since the US remains far and away MCD’s biggest market.” MW
URBN: Urban Outfitters Inc. is projected to report fourth-quarter earnings of 55 cents a share, according to a consensus survey by FactSet
MT Gox: The bitcoin exchange Mt. Gox filed for Chapter 15 in the U.S. on Sunday, a chapter of the bankruptcy code that is designed to facilitate dealing with insolvency cases with parties in more than one country. Mt. Gox, which is based in Tokyo, filed for bankruptcy in Japan on Feb. 28. Meanwhile, the blog of Mt. Gox Chief Executive Mark Karpeles has been reportedly hacked , with the hackers posting an alleged balance sheet of the exchange’s accounts.
European markets opened lower, only to start rally as the ‘hidden’ hand emerged to buy peripheral bond yields down again in Spain and Italy, sparking a rally back towards the green line. The DAX continues to under perform the broader European market, France telcom stocks rally on merger speculation, China trade data hits the miners in London. Jan industrial data out of France was weak and Noyer was ahead of it on a talk he gave on BBN-TV.
Fyffes to merge with Chiquita, in stock for stock deal; Chiquita to hold 50.7% of ChiquitaFyffes, combined equity value $1.07B (implied value for Fyffes is $526M and $544M for CQB). Iliad said that net profit rose 40% last year as the low-cost telecom firm continued to win new mobile customers in its drive to become a bigger player in the ultracompetitive French market
The FED’s Plosser is speaking with Banque De France’s Noyer on a panel in Paris as of this report. You have to wonder what is really being discussed wrt to all these dead bankers and the gold lawsuit, given the French Central bank was likely the source of the 1300 ton loan made in 2013 that Mervyn King facilitated ahead of his retirement.
(FR) France Jan Industrial Production M/M: -0.2% v +0.3%e; Y/Y: -0.1% v +1.3%e
(FR) France Jan Manufacturing Production M/M: 0.7% v 0.3%e; Y/Y: 1.4% v 1.4%e
(ES) Spain Jan Industrial Output NSA Y/Y: -0.1% v +4.3%e; Industrial Output SA Y/Y: 1.1% v 1.8%e
(DK) Denmark Feb CPI M/M: 0.7% v 1.0%e; Y/Y: 0.5% v 0.9%e
(TR) Turkey Jan Industrial Production M/M: 1.1% v 0.5%e; Y/Y: 7.3% v 2.9%e
(IT) Italy Jan Industrial Production M/M: 1.0% v 0.4%e; Y/Y: -1.7% v +2.4% prior; Industrial Production WDA Y/Y: +1.4% v -0.3%e
|UK: FTSE 100||6738.67||26.00||0.39%|
|France: CAC 40||4401.87||35.45||0.81%|
|Stoxx Europe 600||333.63||0.57||0.17%|
|Japan: Nikkei 225||15120.14||-153.93||-1.01%|
(ECB) Noyer : ECB officials aren’t happy with the recent strength of the euro; ECB stands ready to act; ”very open to all kinds of tools” if needed, including a new round of financing for banks or the purchase of assets in markets that aren’t functioning smoothly;a plan to encourage banks in France to bundle up packages of small-business loans and sell them to investors–an effort to make more credit available to firms–is nearing fruition. Banks should have new products available by the end of March or early April; “Low inflation is not deflation” ; “There’s no deflation today in the euro area: prices are still increasing, and most importantly, so are nominal wages”; He warned however that the problem needs serious consideration, and that even small signs that a generalized fall in prices and wages is taking place should be carefully watched- ”Precisely because deflation is hard to reverse, even small probabilities should not be neglected and they should be fully factored into policy making.”
(EU) EU, U.S. hold Trade talks in Brussels thru Friday
(FR) Michelin awarded contract to supply Boeing with tires for the 737 MAX; terms not disclosed
(GR) Eurozone finance ministers meet today in Brussels but Greece unlikely to see any approval of any new tranches
(CH) Swiss Parliament spring session in Bern
(CH) Raiffeisen Bank CEO: The only sure way the SNB can cool the Swiss mortgage market is by raising interest rates – Swiss press
(DE)Germany to sell €2.0B in 6-month BuBills (0630)
(FR) France Debt Agency (AFT) to sell combined €7.4B total in 3-month, 6-month and 12-month Bills 0950
|German 10 Year||2/32||1.651|
|France 10 Year||1/32||2.214|
|Italy 10 Year||1/32||3.420|
|Spain 10 Year||1/32||3.348|
|U.K. 10 Year||-3/32||2.808|
|U.S. 10 Year||-2/32||2.796|
Talking heads emerged after the slaughter to try and assuage Asia markets China not headed back into the economic dumpster.
(CN) Former China Commerce Min (MOFCOM) Chen Deming: Jan and Feb trade data ‘basically normal’ and always volatile due to lunar new year holiday
(CN) Former PBOC adviser Li Daokui: China’s economic fundamentals are sound, to start pro growth policy in Q2
(CN) China Feb New Yuan Loans (CNY): 644.5B730Be
(CN) China Feb Aggregate Financing (CNY): 939B v 1.312Te
(CN) China Feb M2 Money Supply Y/Y: 13.3% v 13.2%e; M1 Money Supply Y/Y: 6.9% v 7.0%e; M0 Money Supply Y/Y: 3.3% v 7.7%e
|Japan: Nikkei 225||15120.14||-153.93||-1.01%|
|S&P BSE Sensex||21934.83||15.04||0.07%|
(US) GLD: SPDR Gold Trust ETF daily holdings rise 1.5 tonnes to 805.2 tonnes (3-week high)
(US) ICE to take over LIBOR set
(UK) City of London Thugs-Borish Johnson- continues to launch invectives against Putin
England will have its day, its pact with hell won’t stand forever anymore than Babylon’s pact did.
Major Asia markets are down on trade reports out of China and Japan.
Soft weekend economic data from China have once again put a dent in the seemingly indestructible economic and market sentiment from last week. February terms of trade saw its first contraction in nearly a year and also the biggest deficit in 2 years, as exports surprisingly fell 18.1%. Shipments to US, EU, and Japan were all down double digits despite the expectations of rising demand from improving economic conditions in those markets. China’s Govt Stats Bureau was quick to attribute the deficit to the distortions caused by the timing around the Lunar New Year, so the jury on the China trade as a gauge of global demand may still be out until March figures. Meanwhile, China CPI also came in surprisingly tame, with annual CPI hitting a 13-month low of 2.0%. Local press and various analysts has surmised the February data may force the govt into a fiscal stability policy, and also hinted that the weak economy may persuade the increasingly-hawkish PBOC to decelerate its mopping up of excess liquidity to forestall the risk of deflation.
Japan revised its Q4 GDP to a final figure of 0.2% from 0.3% q/q and 0.7% on annualized basis vs 1.0% prelim. Corporate CAPEX component saw its biggest change in the revision, slowing to 0.8% q/q growth vs 1.3% initially reported and raising further questions over the efficacy of Abenomics and its glaring need of “3rd arrow” , structural reform. HSBC economist interviewed after the release of the final Q4 GDP also expressed concern about Japan’s rising trade deficits, potentially forcing the BOJ into action sooner than expected. BOJ concludes its 2-day meeting with a formal statement on monetary policy tomorrow. While no change is expected, traders will tune in for Gov Kuroda’s accompanying statement for insight into the latest disappointing round of data. The Japan’s current account and balance of payments trade also hit record deficit levels and are in dire straits as they can’t export enough to pay for their energy imports.
May copper contract was exceptionally volatile in the early part of electronic trade, briefly falling by over 2.5% below $3.00/lb before recovering much of its lost ground. Copper and iron ore have come under pressure on Friday as well following confirmation of a China corporate default, and sellers re-emerged in the Asia session after the soft China trade components showing large sequential losses in copper shipments.
The Situation in the Crimean peninsula remained tense over the weekend, with reports of another takeover of an airport by unidentified troops and USA/CIA sponsored 300 ‘Blackwater’ mercenaries being called in by the EU/UK/USA puppet government in Kiev , reported by various reliable sources in the Ukraine and Russia. There were also reports of 2 deaths at counter-coup demonstration by police following the orders of Zionist-Nazi Kiev regime.
Russian President Putin held talks with Chancellor Merkel on Sunday, reiterating the belief that the referendum vote planned for Crimea next Sunday is based on international law and “aimed at guaranteeing the legitimate interests of the peninsula’s population”. Merkel maintained that the vote violates Ukraine constitution and will not be recognized by western powers. US President Obama is welcoming Ukraine illegal PM Yatsenyuk , scheduled to visit the White House on Wednesday to try and add the veneer of legitimacy to the new government in the eyes of the skeptical East.
The US Defense Dept has ordered a dozen F-16 fighter jets and 300 US service personnel to Poland to take part in military exercises intentionally escalating tensions with Moscow.
(CN) CHINA FEB TRADE BALANCE: -$23.0B V +$14.5BE (first trade deficit in 11 months; largest deficit in 2 years; 2nd largest deficit on record)
(CN) CHINA FEB CONSUMER PRICE INDEX (CPI) Y/Y: 2.0% V 2.1%E (13-month low); M/M: 0.5% v 1.0% prior
(CN) CHINA FEB PRODUCER PRICE INDEX (PPI) Y/Y: -2.0% V 1.9%E (24th month of decline; Biggest decline in 7 months)
(CN) PBoC sets yuan mid point at 6.1312 v 6.1201 prior setting (weakest Yuan setting since Dec 3rd)
(JP) JAPAN Q4 FINAL GDP Q/Q: 0.2% V 0.2%E; NOMINAL GDP Q/Q: 0.3% V 0.4%E; GDP ANNUALIZED Q/Q: 0.7% V 0.9%E
(JP) JAPAN JAN CURRENT ACCOUNT BALANCE: -¥1.59T (record high defict for 3rd straight month) V -¥1.41TE; ADJ CURRENT ACCOUNT: -¥588.3B V -¥549BE; TRADE BALANCE BOP BASIS: -¥2.35T V -¥2.59TE
(JP) JAPAN FEB BANK LENDING INCL TRUSTS Y/Y: 2.2% V 2.4%E; BANK LENDING EX-TRUSTS Y/Y: 2.4% V 2.5% PRIOR
(JP) BOJ offers to buy ¥250B in 1-3yr JGB, ¥250B in 3-5yr JGB and ¥400B in 5-10yr JGB
(NZ) NEW ZEALAND Q4 MANUFACTURING ACTIVITY VOLUME Q/Q: 5.7% (biggest gain in 19 years) V 1.3% PRIOR; MANUFACTURING ACTIVITY Q/Q: 6.3% V 6.2% PRIOR (biggest gain in 6years)
|Japan: Nikkei 225||15130.56||-143.51||-0.94%|
|S&P BSE Sensex||21877.81||-41.98||-0.19%|
|UK: FTSE 100||6712.67||-75.82||-1.12%|
|Australia 10 Year||-10/32||4.220|
|China 10 Year||0/32||4.530|
|India 10 Year||-4/32||8.836|
|Japan 10 Year||-2/32||0.633|
|German 10 Year||-2/32||1.655|
- US markets:
BA: Reportedly planning to inspect 787 Dreamliner aircraft wings of planes that have yet to be delivered to clients following a client complaint; May cause some delivery delays but will not impact FY14 revenue and delivery guidance – press; Malaysia Airlines B777 Flight MH370 en route from Kuala Lumpur to Beijing missing and believed to be lost in the South China Sea; Japan Airlines-operated Dreamliner flight from Tokyo to San Francisco made emergency landing in Hawaii due to possible problem with hydraulic system – press
Classified Ventures: a group of newspaper publishers, put its cars.com online marketplace up for sale for as much as $3 billion. Possibly marking the top of the ZIRP car bubble
URI: To acquire National Pump s for about $780M; Raises FY14 EBITDA to $2.55-2.65B from $2.45-2.55B prior forecast; Rev to $5.45-5.65B v $5.36Be (prior forecast $5.25-5.45B)
-Commodity trade switches to Murky Switzerland Waters
Same names though, just a different firm name.
-Since Bankster created Crisis, Global debt has soared 40 tln to $100 tln
-B787 diverted to Honolulu due to engine problem
-English Crown corners water rights under Mojave desert
Just like the Bush family buying Safeway ahead of the biggest drought in 500 years. All this is just ‘coincidence’ not geo-terrorism lead by General Mark Welsh, USAF and geo-war profiteering by the Windsors-Bush-Rothschilds family.
-English Oxbridge pfooters destroy Christian Ethics
And on they keep on going into depravity, with the Queen’s own adviser trying to change the age of sexual ‘consent’ to 4 years of age, something right out of hell and the Talmud. These same sick Anglosaxons and their Sodomite lovers from Israel are at work.
-Gold cartel sued over price manipulation
They have been sued before several times, only to always have the courts rule in their favor.
-Counter Coup in the Crimean
-Russian increase border security to prevent Illegal Zionist-Nazi regime in Kiev from invading and slaughtering ethnic Russians in Crimean
-Evil GOOG WASP attacked over English Crown spyware
Go on home British Soldier go on home, have you no home of your own?
The Donkey faced, insane WASP supremacist working to advance the Anglo-Zionist world order and total information awareness for the Crown. A foot soldier for lucifer and the English Crown, like many American WASPs. Every WASP and every Jew should be regarded as agents of the English empire. Granted not all are, but for your personal safety one should regard them as enemies of the Constitution and American people. It’s a soft war, for now.
Brain implants are next to ‘get a job’ with the SP500, GOOG glasses are the start. Thought crimes to follow. Then precrimes. Freedom only for the loyal Jewish and WASP foot soldiers like this pig advancing the transhuman agenda
The weak female mind is ground zero for the NWO. The WASP female it’s most capable NCOs.
-California Jew behind NGO propaganda videos in Ukraine, Nuland admits to pumping $5 bln of American money into Ukraine uprising. and more on the EU/USA coup d’etat
Jews give big buck contracts to Jews as the State Dept, with American taxpayer money.
-Jew on the ground report from Ukraine
Serbs come to aid of Patriotic Ukrainians in Crimean
-Vile English rush to buy up Spain after Recession their Central bank caused
-Since the ‘Fulfords’ are the news today, we will give Anglozionist (defector) Illuminati (so he says) Ben Fulford a listen.
At least he admits his mother is Jewish and his dad an English blueblood.Interesting stuff, but I find it too incredulous to take much stock in it. He does know David Rockefeller personally.
-Gypsy Witch Ruslana knows the Crazy relative of Prince Charles in the Senate-John McCain
Wolf ‘mossad’ Blitzer interview with Zionist agent Ruslana What an evil witch, you can feel the spirit of deception.
-Queen’s Adviser, Paedophile Adviser
One of Britain’s most senior judges actively campaigned to support a vile paedophile group that tried to legalise sex with children, The Mail on Sunday can reveal.
Lord Justice Fulford, named last year as an adviser to the Queen, was a key backer of the notorious Paedophile Information Exchange (PIE) which police suspect of abusing children on an ‘industrial scale’.
An investigation by the Mail on Sunday has discovered that Fulford was a founder member of a campaign to defend PIE while it was openly calling for the age of consent to be lowered to just four.
Definitely very nice. He looted the place but less than his predecessor Tymoshenko whom even the WSJ admitted was the richest person in the Ukraine. Notice Slimy limey trying to claim this is nicer than Buckingham Palace. It can just become the official Presidential Residence or they use it for tours.
Land is literally dirt cheap in the Ukraine as are materials and labor, in dollars this is probably not even a $5 million dollar home. The only good thing about the Ukraine is their laws make it hard for non-nationals to buy up all the cheap land. The USA could do with a law like that as could most nations.
He was pretty wealthy before he became President have been a trucking company executive and having served as governor of a resource and industrial rich region which likely gave him a lot of chances for graft as the Ukraine transitioned out of communism. He’s a left over from the Communist days of the Ukraine so time for new blood.
One thing he was ‘not’ was Russia’s boy. He played both Russia and Germany/EU against the middle and was in bed with the Jewish Oily-garchs just as much as the Ukrainian ones. He started out as a Mechanic and had no other formal education unlike Tymoshenko who came from a wealthy Jewish family and who has a PHD in financial engineering.
He was always threatening Russia with joining NATO or the EU, but after he looted the place and Russia offered the only hard deal, people were outraged when he switched his position so suddenly from going to the EU back to Russia.
His downfall was not arming the police against armed opposition and restoring law and order, at the end. Of course his real downfall is when he started taking bribes. He came from an extraordinarily poor family and was more or less an orphan, not that , that excuses his greed and corruption.
Just from my reading of the Russian press while he was President, he was always a pain in the arse to the Russians, understanding the strategic importance to both Russia and Europe of the Ukraine, and looking for whatever he could get from either side. I always thought of him as a land broker more than a politician.
Russia needs their own guy in the Ukraine, it’s too important to their survival.
-USA/UK have blackwater on the Ground in Eastern Ukraine already?
Could be German. Hopefully the Russians will get this evil trouble making Zionist Yat the Yid before he turns the Ukraine into another killing ground like the Jew Lenin.
-CIA/MI6/Mossad Outraged as FSB uses Crisis Actors like CIA in Boston Bombing Hoax
How outrageous!! Putin copying the spymasters of London, how dare he!!
-Lavrov: Ukraine coup d’etat
Russian Foreign Minister Sergei Lavrov has said the crisis in Ukraine was “created artificially for purely geopolitical reasons”.
He confirmed Russia had contacts with Ukraine’s interim government but said Kiev was beholden to the radical right.
Russia, he said, was open to further dialogue with the West if it was “honest and partner-like”.
-Crazy Windsor finally dies
Insanity runs in the Windsor line due to their generational involvement with satanism and inbreeding. Queen Elizabeth treated her cousin like human garbage and had her locked away her entire life. Poor thing. Perhaps molested as a child or went off the deep end after her satanic initiation rites.
-Anglozionist destroy Ancient Christian Cultures in Syria just like Iraq to get at $4 Tln dollar oil find in Northern Iraq/Syria
BP and Royal Dutch Shell, Tony Blair, Dick Cheney, Windsor, Rothschilds, Tony Hayward, King Willem-Alexander of Holland struck it big, 50 billion barrels and now need Norther Syria, under Kurdish control to pipe it to England/Europe
Prince Charles is no ‘protector’ of Christians, he is the anti-Christ and the murderer of them. This is all his bloody doing and the Privy Council of the UK and their lackey dogs in the Mossad/Pentagon/CIA.
Today, the first Sunday of Lent, will see churches crowded across the globe. But here in Syria, where St Paul found his faith, many churches stand empty, targets for bombardment and desecration. Aleppo, where I have been bishop for 25 years, is devastated. We have become accustomed to the daily dose of death and destruction, but living in such uncertainty and fear exhausts the body and the mind.
We hear the thunder of bombs and the rattle of gunfire, but we don’t always know what is happening. It’s hard to describe how chaotic, terrifying and psychologically difficult it is when you have no idea what will happen next, or where the next rocket will fall. Many Christians cope with the tension by being fatalistic: that whatever happens is God’s will.
Until the war began, Syria was one of the last remaining strongholds for Christianity in the Middle East. We have 45 churches in Aleppo. But now our faith is under mortal threat, in danger of being driven into extinction, the same pattern we have seen in neighbouring Iraq.
Most Christians who could afford to leave Aleppo have already fled for Lebanon, so as to find schools for their children. Those who remain are mostly from poor families. Many can no longer put food on the table. Last year, even amid intense fighting, you could see people in the streets running around endlessly trying to find bread in one of the shops.
The health system has also fallen apart. In the hospitals, many doctors have been threatened and forced to flee, so people fear that if they do get injured there will be no one to treat them. I thank God for the few brave surgeons who have stayed.
Most people here are now unemployed, and – without work – daily life lacks a purpose. People have no way to wash and their clothes are ragged. We have almost no electricity, and depression reigns at night. But when the darkness comes, I take courage from the fact that it was not always like this.
Syrians lived together for many years as a country, as a civilisation and a culture without hate or violence. Most people are not interested in sectarian divisions. We just want to work and live as we did before the war, when people of all faiths co-existed peacefully.
Syrian Christians may face great peril, but we have a crucial role to play in restoring peace. We have no interest in power, no stake in the spoils of this war, no objective but to rebuild our society.
As president of the Catholic aid charity Caritas, I am co-ordinating emergency relief for tens of thousands of people of all faiths, who desperately lack food, medical care and shelter, working in areas held both by the government and by armed opposition groups. We have many centres where people come to receive aid, and our volunteers go out to find those too weak, sick, old or young to help themselves. We support people of all backgrounds.
It is dangerous work. Five months ago, two rockets hit our offices, and it was truly a miracle that no one was killed.
As for me, I have to be careful walking around the city because of the risk of snipers and kidnapping. The fate of two priests snatched on the road from Aleppo to Damascus remains unknown. People fear for my safety and tell me to discard my bishop’s robes or hide away entirely.
But I cannot work unless I am in the streets to understand the situation and the suffering of the people. I am sustained by the daily acts of solidarity from my brothers and sisters around the world – including those from the British Church and its aid agency Cafod – with their prayers and donations. And as I walk through the dust and the rubble, I am not afraid.
St Paul’s virtues of faith, hope and love have rarely been in greater need, or under greater pressure, as we face the fourth year of this war. But I have faith in God’s protection, hope for our future, and my love of this country and all its peoples will outlast this war. I must believe that, and I pray that you in Britain will stand with us as long as our struggles endure.
Bishop Antoine Audo SJ is the Chaldean Bishop of Aleppo and president of Caritas Syria
-English outraged at Russia’s defiance of its coup d’etat.
Whipping boy Obama forced to grovel for London paymasters.
Obama, Prince Charles own personal whipping boy.
“Go get our oil Barry the North Sea is running dry faster than we thought and I will promote you from my Butler and plaything to a Knight”
-Putin Kills Anglozionist John Kerry’s mad plans(he gets his orders straight from Cameron/Hague /Rothchilds/Prince Charles)
The author is a Jewish convert to Christianity.
I agree, Odessa is Russia speaking dominated, although there is a large Jewish/Gypsy contingent there, and Putin will take it.
I think after NYC ,Tel Aviv , and Warsaw, Odessa is number the 4 city in the world for Jews , and heroin flows into Europe and Russia from its ports, another good reason for Putin to take it. You might say Odessa is home of the Russian mob although technically its a Gypsy and Jewish mob. It has a lot in common with the dump Odessa Texas where the Bush gang gets a lot of its mob from as well. Which is sort of interesting if you’re well traveled in the oil or drug business.
Jarheads are peeing in their pants the ZGR types at the thought of landing on the Crimean.
-MI6 in Panic, MSM and indy media shills like Matt Drudge are still losing ‘truther’ war to blogs and RT
Tell people the truth, they will come. Orwellian lies coming from the land of Orwell and his former employer.
-Goldman Sachs wants Russia kicked out of G8
-Spanish housing on bottom. English Pirates move in for kill!!
This latest ESM/ECB move to buy Spain’s 10 years down below 3.5 % will be massively reflationary.
-Parasite Bankster George Soros warns on Parasite Bankers
He’s short the bank stocks. His gang knows where the real financial WMD are placed, as they placed them. Ask Gulliver or Jamie.
-A long tense 2 weeks until Crimean Elections
Look for the Zionist gang in the Kiev to try and provoke a military response, or stage a false flag, and blame the Russian troops, and force Obama to invade with Special forces. That’s why the Russians are not wearing Russian uniforms, but will be shortly. Redcoat Pentagon running dogs of Prince Charles, go home. American people don’t want to pay for this resource land grab , nor the death of these people upon our heads redcoat weasel General Dempsey. They should move the election up to this week if possible.
-At least one Brit, sort of tells some truth, and sort of gets it about the Ukraine
Leaves out the fact it was the Talmudic/Satanic Jews who killed all those Ukrainian Christians under Comrade Jewison, (aka Stalin) and Lenin.
-More shame for the Bizarre Pentagon Gang
-England’s North Sea oil in Precipitous decline as Conflicts break out everywhere BP/RDS are exploring for oil and NG
The Brits will do anything to avoid a hard days work like the Japanese to afford energy. Brits like the Talmudists love to have American fight and die for their oil. Tell England to shove off. No more wars for England and the evil banana Prince Charles.
In an interview with The Times, he said: ‘If you think that North Sea production was down 35 per cent in the last three years, with only 15 exploration wells drilled in the last year, in terms of new exploration it’s not an area that people are putting much money into, because you’re not likely to find significant new reserves.
‘The fiscal policy is hugely important wherever you are, but there’s been so many wells drilled in the North Sea, the chances are nothing major has been missed.
‘Is the North Sea somewhere where the company is going to spend lots of new exploration dollars? No, because the risk reward is not attractive.’
The former Scotland international rugby player told the newspaper: ‘I don’t subscribe to the view that the North Sea is disappearing but I do think that a 35 per cent decline over three years is telling us something.’
Sir Bill declined to follow the heads of major oil companies Shell and BP in criticising an independent Scotland, telling the newspaper: ‘What happens post-independence in the North Sea is an argument for the future. But it is not affecting our decisions today.’
His comments come just weeks after a report by industry body Oil & Gas UK said the search for new oil in UK waters is facing its biggest challenge in 50 years. Only 15 exploration wells were drilled in 2013, continuing a steep downward trend since 2008 when 44 were drilled, it said.
-Snowden the Great preventing Slaughter of USMC in Crimean?
Putin laughing at idiot British-Israel Satanists running the West. Yid howls roar from London and its suburbs: ‘get Putin’.
-Illegal Kiev Govt shooting live rounds at counter protesters
-Ukrainian -American Congress leader Demands American Troops land in Crimean
That’s insane. Our troops are not cannon fodder. Let this coward go back and fight his own battles for his beloved Bankster management team.
-Anyone Notice its always Boeing Planes being blown up?
The European and in particular UK Royals, the Windsor-Rothschilds family, are invested in Airbus, not Boeing. Plus the USA military and likely the Mossad as well have access to the INU flight controller security codes, and can remotely hijack these things and fly them into the ground if they want to no matter what the pilot does.
Yeah, weep for your children Mama-san, Prince Charles likely ordered the plane blown from the sky. Poor thing.
Who was on the plane London wanted killed. These planes are redundant and a crash like this due to a failure is very, very unlikely.
-Ukraine Bankster Propaganda not working in UK
-Illegal Govt, and Tymoshkeno Billionaire Lackey Gets the Boot in Eastern Ukraine
I’m sure Putin does not want to see the Ukraine broken up, but the West and its hoards like Ruslana an Klitscko are going to make it impossible to hold together without deporting the entire Gypsy and Jewish population of the Ukraine to Germany or England (whom stand to gain the most by this Orange Revolution-redux).
The last time the Ukraine was administered well was under my kin from Austria who brought Austrian culture and architecture and engineering to the Poles and Ukrainians. Hitler was a bad example of an Austrian, and he was Jewish of course. I’m not talking of the Austrian Jews here but under Franz Joseph.
The Zionist , Donald Tusk , running Poland is not from the ethnic Slavic/Polish majority. That’s why he does not care about the Poles.
-Rothschilds warns of Market Crash as England goes into forced slave labor for welfare like Zionist-Nazi -Germany model under Smirkel
Even Lord Rothschild, who invests over 2 billion pounds of his own dynasty’s and other depositors’ cash through RIT Capital Partners, is ringing alarm bells this week: “With the world recovery still fragile and reliant to a large extent on policy support [QE/money printing]“, he warns, “it is not hard to envisage markets having to deal with shocks in the coming year.” Yes, “shocks.”
Karl Marx explained in Das Kapital back in 1867 that Plutocracy requires a ‘Reserve Army of Labor’, an industrial reserve of surplus population. This has been British government policy ever since the Callaghan’s Labour government gave up on the policy of Full Employment in the late 1970s.
-Prince Charles Lackey General Dempsey escalates military threat against Russia
And lies through his teeth
Here singing a Frank Sinatra Love Song to Prince Charles and his Gorilla. War Criminal and terrorist. He knows who the Commander in Chief of the Commonwealth is and who his real boss is, General Prince Charles, Top Commander of the UK, USA, Australia, New Zealand, and Canadian armed forces.
Evil little troll
-Pentagon on War Footing and readying for War on Russia
Pentagon research team is studying the body language of Russian President Vladimir Putin and other foreign leaders to better predict their behaviour, officials said yesterday.
The project, previously conducted under the State Department, is now backed by the Defence Department’s Office of Net Assessment. Putin’s psychological profile was last updated in 2012.
Advocates of such studies argue that it could help US officials anticipate the Russian leader’s actions after he ordered troops into neighboring Ukraine, taking control of the semi-autonomous Crimean Peninsula, which has led to tensions with the West reaching levels not seen since the Cold War.
Pentagon analysts have studied about 15 foreign leaders including Russian Prime Minister Dmitry Medvedev, late Iraqi leader Saddam Hussein, North Korea’s Kim Jong-Un and late Al-Qaeda leader Osama bin Laden.
-The CIA/MI6/Mossad Coup d’etat in the Ukraine
The Western Media, have certainly ratcheted up the hysteria to war levels. The problem is this is not WW1/WW2 or even Vietnam era communication.
-Lavrov the only honest broker
-The Jewish extremist Hollande Demands USA escalate Ukrainian situation and brags about it on TWTR
The French Press says France is going to sanction Russia as well.
-Ben Judah’s dissimulation about London,England, Russia and the Ukraine
Ben Judah’s a CFR member and been after Putin since he overturned the Jewish mob of Rothschilds and London that was running Russia, post Stalin, aka, ‘the family’, most of whom fled to London. Ben Judah and the CFR wants to break Russia up piece by piece and have the Jewish mob parcel it out to the highest bidder to rent. He’s irate the CFR has not been able to get China to invade Siberia and take it over.
Recall we posted the Daily Mail article of Prince Andrew saying, ‘the Great Game is back on’ of carving the world up for the English empire which exists in direct form and indirect rule form.
The cited document was not photographed by accident by the UK press. The DT , the Royal and MI6 run rag, has in many articles given the Crown position, ‘Get Putin and get Russia back fully’. The Crown’s position is the City of London’s Position, given the Windsor-Rothschilds bloodlines and close family relationships. The banker’s just don’t want Russian nukes aimed at London so this is a ploy to that end.
Cameron like the good Jew and Englishman he is, has learned to hide behind the American’s back and get them to take the blame for doing London’s dirty work and to shoulder all the cost and risk. England has completely outsourced its military to the Pentagon, their Anglozionist Crown realizing its cheaper for England to pay some General and Pols off (many their kin in the USA) in the USA, than it is to have a military budget and a military, which the UK no longer has.
One of my uncles who had the misfortune of being drafted and landing on the beaches of Normandy during WW2, said everyone advanced hard against the German military as it was better to be shot in the front by a German soldier than shot in the back by an English officer. He said the English were notorious cowards and the Canadian/Scots did most of their fighting for them against the Germans. Why did so, so many Americans die on D-Day and so few English/Jews? Was it not their ‘war’ and not America’s? The elite Jews and English start wars but prefer you to die in them and for them to profit.
Ben Judah is just another racist Jew howling for the Ukraine and Putin’s blood. The Jewish Chess Cheater (per Bobby Fischer) Gary Kasparov is also calling for Putin’s blood in the press. This is a mad tribe. How the Jews are howling like wolves for Russian and Ukrainian blood, from Ruslana to Ben Judah to Gary Kasparov to Mikhail Khordokovsky
Putin has been cleaning up the Jewish mob in Russia and the Ben Judah’s of the world can’t stand it. Imagine someone beating up a paedophile or the Jewish Mob’s drug dealers in Russia. Those mean, mean Russians.
The guy is not Russian. He’s one of George Soros, Mr City of London himself, hacks and is salaried by the Soros at the European Stability Initiative, aka ‘get Putin’ Initiative, formed after Putin kicked the Jewish Oily-garchs out of Russia.
-Ruslana ( Lyzhychko) ,another ‘made man’ and Ukrainian traitor and likely Crypto Jew and Practicing Gypsy witch meeting with Jewish Vice President Joe Biden
Ukrainian singer Ruslana Lyzhychko, 40, poses with First Lady Michelle Obama and Deputy Secretary of State Heather Higginbottom (WASP /Anglosaxon Supremacist) as she receives the Women of Courage award on March 4.
She’s another person of bad moral character who stands to make a lot more money from selling out to the West and already has made a lot of money.
The Eurovision contests are rigged like everything else in the West to promote NWO values (she won in 2004). These Eurovision winners are selected and promoted to low level illuminati if they are not Anglosaxon and Jewish and already in it. The West made her enormously wealthy and her music was degenerate and was not particularly popular in the Ukraine/Russia prior to Eurovision. Only the Western Media made it popular. She’s the Britney Spears of the Slavic world. A moral corrupter.
She’s a Feminist and Tymosheko supporter. Her father is from the Gypsy region of the Ukraine but appears to be an ethnic Slav. Interestingly her mother has a Gypsy’s name and definitely looks like a Gypsy. Which would technically make her a Jew, and her music and dance is rife with Gypsy influence, even though she had a classical Russian musical education. She certainly has the enormous sized mouth of the Jew/Gypsy. I suppose you have to have kicked around that neck of the woods to know what the Slavic- Gypsy look like. But in 2004, when I first saw her winning Eurovision performance, without looking up her family history, I thought, ‘wild Gypsy’. The Gypsy being Sephardic, are a handsome people at least when they are young, but the problem is 95 % are practicing witches and likely she’s a practicing witch.
Ruslana the gypsy temptress and slut
Ruslana the naked body sculpture
Here in her Gypsy witch outfit and practicing the Gypsy satanic art of fortune telling and gazing into a crystal ball. If it looks like a Gypsy, talks like a Gypsy, dances like a Gypsy, sings like a Gypsy and the mother has a Gypsy’s name, it’s a Gypsy.
Ruslana the Gypsy Fortune Teller
Ruslana the Gypsy Dancer
Here’s what ethnic Ukrainian/Slav dancers and women look like. A very, very wholesome and decent Christian people which is why England and the Satanic Jews running Europe want to plunder the Ukraine and destroy it’s people and drive their birth rate to zero.
Ruslana along the brain damaged boxer Vitali Klitscko are the leading figures of the Orange revolution and Orange revolution redux that is murdering ethnic slavs and tearing the Ukraine apart.
Vitali Klitscko, the world famous fighter, is an ethnic slav of course, but got his start working for the Jewish/Gypsy mob beating people up and collecting debts. Klitscko is particularly dangerous as he wants to roll NATO’s missiles onto Russia’s doorstep in the Ukraine. He’s no dummy his father is a retired Russian General and he has a PHD, but like Mohammed Ali, is no longer playing with a full deck. He’s a Merkel puppet, and a useful idiot as Lenin called his Slavic strong arms.
It seems like everywhere you look in the Ukraine its the hidden hand of the Talmudic Jews running this revolution or puppets they made. If not for the Anglosaxons you would say this was purely a Jewish made revolution. But ZGR readers know the dirty little secret of the English, that they are just another wild Gypsy tribe, unrefined by 1000 years of exposure to the Gospel of Christ.
My grandmother in Austria once went to one of these wild Gypsy dances like this one Ruslana is doing as a young girl , and got very ill afterwards, and had to be delivered from demonic oppression by prayer from the priest , and had to repent before she died of dancing with the Gypsies, before she got Peace to die and go home to be with the Lord. You don’t want to dance with the Gypsy nor let them run your country anymore than the Talmudists. You evil, evil, witch Ruslana. The Orthodox Priests know your kind. This girl is no Ukrainian but a satanic Gypsy.
-Only the BBC could promoted the madman W. Bush and his ‘paintings’
When you’re insane you have shame, and no real art talent. When you’re Prince Charles’ evil cousin you’re special to the BBC. The Jewish madman Hitler was a painter of little talent as well W.
-What Europe Should know about NSA/GCHQ -Snowden
-Call your Congress Person, please. Say no to nutty idea of sending sixth fleet to war for England and Germany in Ukraine
Looks like Politico and others were told to maintain press silence today on what our fey Anglozionist criminals in Congress are up to. Your childs or grandchildren’s future may depend on your call.
Likely election year ‘hawk’ posturing but dangerous. Tell the rats they don’t get your vote unless they drop the war rhetoric.
Anytime you talk about cutting Prince Charles dividends from his defense firms, and whacking the bloated pig of the Pentagon, Prince Charles sends his boys in the Pentagon/ CIA/Mossad/MI6/State Departments of the UK, Israel and the USA out to cause trouble and another war.
-The Jew on the ground in the Ukraine/Crimean
-Females in the Military, and the USA military a sad state of affairs
If I was an officer in the USA military, I would never, ever be alone with a female soldier. Women have no place in the military, even fetching coffee, anymore than they should be fireman or the cook in the bunkhouse. And these clowns in the Pentagon want to take on Russia, because they have cush bunkers underground with a lot of females per male?
-Russia agrees to support Crimean Vote
It must be ‘official’ because its in the NYT. Just like the WMD in Iraq were. Russia is doing what it has to do to prevent being subsumed into the Anglozionist Satanic World of the Bush-Windsors-Rothschilds, New World Order, Aka the British-Israel empire. I loathe this filthy rag.
-If Israel is not in the EU, how come it gets to host an EU swim championship
-What goes around, comes around… Ukraine Parliament can’t get calls through ..
-787 Wing problem
Boeing is paying a price for being a union buster.
-Ukraine the Dangers of dealing with the Delusional Western Leaders
Yeah, our ‘leaders’ or misleaders, as I prefer to think of them, are triangle signaling whack jobs. I didn’t vote for any of these people. Don’t blame me.
-777 Disappears over Vietnam, the worst feared
-Phone Wrecks: The Secret Agenda of Ashton and Nuland Revealed
Two stupid broads, both working for Mr. Big in London. He put them there as they are both stupid, evil witches that will do the evil they are told. A recap of what you already know.
-Houston… this is Putin, we have landed…. in the Crimean.
Yad, the Yid, all hat no cattle. Yet giving Putin/Russia orders. Chutzpah from the slimy Yid.
What they expect this guy to sit on his arse through all these threats and allow a Zionist-Nazi terror machine like Russia experienced under Tymoshenko to be a thorn in Russia’s side for the next 10 years or until NATO/USA missiles are on the Kremlin doorstep.
Putin, Confidence and Poise Under Pressure
-EU threatens to invade Ukraine, lead by Poland with ‘peace keepers’
-London Sponsored Billionaire and Chocolate King and Pro EU candidate Poroshenko leads Ukraine vote in slightly biased poll (only pro EU candidates were considered, more or less. Pro EU candidates occupy number 1, 2, and 3 positions in poll.)
-Ukraine Misses Gas Payment, Gazprom threatens to cut supplies
-USA: FEB NFP+ 175K , unemployment rises from 6.6 to 6.7%
-EU/USA implement Sanctions on Russia/Cimera, escalate threats
-Tensions rise as Crimean makes bid to succeed from Puppet Regime in Kiev
-Zionist Tymoshenko demands West use ‘any means’ to stop Russia
-China Ag Minister pushes Western GMO food to people
-UK Housing prices ‘approaching madness’ say analysts
-2014 CES, Nvidia Gains significant lead over Qcom in Mobile Computing
-USA Summary -FINAL
The dollar gained at the expense of the Euro and Yen as the NFP hit the tape, simultaneously gold was tamped down as well and is presently down $12.80 as of this report, to $1339, near -1 % on the typical Friday bash down. Silver was smashed down in the 3 % range and copper was smashed down over 3.5 % in what looked to be a very coordinated attack on the metals coming out of London, where mining stocks were hit hard before the slam down in the USA in metal prices . WTI was up to $102.6 , up about as much % wise as gold was down as we have continued tension in the Ukraine, and with the Gazprom announcement it might cut the Ukraines gas and oil off, and the faked USA NFP jobs report for London to trade off of.
A fall in the value of gold has pushed the Swiss National Bank to a $10.4 billion loss in 2013 and forced it to cancel dividends for the first time in its 107-year history.The value of its gold holdings slid 15.2 billion Swiss francs ($17.3 billion) offsetting a 3.1 billion franc gain on its foreign-currency positions and a 3.4 billion franc profit on the sale of a fund of troubled assets it had taken over from UBS AG, the Zurich-based central bank said late Friday.
China has now witnessed its first corporate default in history. Shanghai Chaori Solar Energy is looking to sell overseas assets to make up its missed bond payment and neither banks nor government entities are stepping in to help. Chaori’s default took place during the annual People’s Congress session, reinforcing the signal that Beijing is letting market forces play a stronger role in the economy. Analysts point out this is only the beginning given that the number of Chinese companies whose debt is double their equity has surged since the financial crisis began.
The USA trade deficit edged up to a seasonally adjusted $39.1 billion from an upwardly revised $39 billion in December, Economists had expected a deficit of $39.7 billion.Imports rose 0.6% to $231.6 billion while exports also climbed 0.6%, to $192.5 billion.
The Ukraine hryvnia and Russian ruble have both plummeted to all-time lows versus the dollar, while Russia’s MICEX stock index dropped 7.3% this week as London and the EU and FED/UST and aligned cartel banks did their naked shorting thing.
Traders who bet on the future path of the Federal Reserve’s target policy rate pulled forward their expectations of the first rate hike to the first half of 2015 after a strong jobs report Friday, according to data from CME Group’s FedWatch tool. Traders now see a 52% chance of the first rate hike coming at the Fed’s June 2015 meeting, one meeting earlier than before the jobs report, according to CME data based on fed funds futures contracts. WSJ: Jon Hilsenrath“There is likely enough to like in Friday’s jobs report to keep the Federal Reserve on track to scale back its monthly bond buying by another $10 billion to $55 billion at its March 18-19 policy meeting.”
Treasury prices sank Friday, sending benchmark yields to their highest since January, after a monthly jobs report beat the expectations of economists.
Equity markets gained in the early cash trading on the jobs report ‘beating’ the 125k-150k most investment houses and economists had penned, only to fade near the EU close. The official number for NFP gains was +175k , with unemployment ticking up to 6.7 % from 6.6 % in the prior month. Canada’s extremely poor jobs report for Feb was in sharp contract to the massaged USA number. Given the rising tension in the Ukraine and more inflammatory moves and statements by the EU, the USA markets are likely to experience a big down draft near the close the PPT won’t be able to stop.
Shares of Coupon.com Inc. , and also ran to money losing Groupon, soared 90% on their debut Friday. Coupon offered 10.5 million shares at $16 a share as part of its initial public offering. Coupon.com shares rose $14.40 to $30.40 in the early cash trade.
Skullcandy soared 44% after the headphones maker topped analyst estimates for fourth-quarter earnings, which fell 69% last quarter. The firm earned 13 cents a share, while analysts had expected 9 cents a share. For the current fiscal year, Skullcandy expects a per-share profit of 10 cents to 14 cents. Analysts polled had expected 10 cents.
Shareholders of Safeway didn’t react positively to details of a merger with Albertsons/Cerebrus (Bush family) late Thursday, sending shares down more than 3%. Investors had expected a deal worth $40 a share, but the supermarket chains said they will pay investors $32.50 a share in cash, with estimated add-on of $3.65 a share that hinges on the sale of non-core assets.
Kroger Co. shares rose 2.2%. The grocery chain on Thursday reported adjusted fourth-quarter earnings of 78 cents a share. Analysts polled by FactSet had expected earnings per share of 72 cents.
Prudential Financial Inc. added 2.3%. The stock’s rating was raised to buy and its price target hiked to $103 from $94 at Bank of America Merrill Lynch
Big Lots Inc. saw a 30% drop in earnings last quarter, but revenue of $1.64 billion still managed to beat analyst estimates of $1.61 billion, helping shares surge 23%.
Foot Locker Inc. rose 7% after the firm reported a fourth-quarter adjusted profit of 82 cents a share on revenue of $1.79 billion. Analysts polled by FactSet had expected 75 cents a share on sales of $1.77 billion.
FireEye Inc. slumped 8.2% after the firm raised $1.1 billion in a follow-on stock offering of 14 million shares. The stock has rallied sharply since its initial public offering in September.
Peabody Energy Corp. fell 4%. The coal company on Wednesday announced it issplitting its global sales and marketing, trading, and business development into two new groups.
Vertex Pharmaceuticals Inc. shares are off 3.9% ahead of key WS presentations next week.
It’s worth noting Nvidia has leaped frog all the mobile computing processors with their latest chip. NVDA stock was flat on the day after being up in the early cash trade. Leaders Qualcom and Intel will have a very hard time matching this design until 2015.
The ‘all powerful’ Federal Reserve Bank of New York President (Sir) William Dudley said Friday that while the economy is recovering, the nation still needs strong support from the central bank.The outlook is “reasonably favorable,” Mr. Dudley said. But he added “I would very much prefer faster economic growth and more rapid progress towards our dual mandate objectives of maximum sustainable employment and price stability. Hence, the continued need for monetary policy to remain highly accommodative to support the economic recovery to the fullest.”His speech today follows comments made on Thursday that expressed support for the FED continuing to cut the pace of its bond-buying stimulus program absent a major shock. Most expect the program, which currently sees the FED buying $65 billion in bonds each month, to be wound down by the end of the year. On Thursday, Mr. Dudley also said he expects short-term interest rates to stay low for well into the future, as the Fed attempts to help the economy move towards a better rate of growth and lower unemployment rates.Mr. Dudley said in his speech Friday that “I believe that the underlying fundamentals of the U.S. economy have improved to the point where we can expect sustained growth above the roughly 2 [1/4]% percent annual pace that prevailed from mid-2009 through mid-2013.” But he warned that bad winter weather over much of the country will likely weigh on growth over the initial months of this year.”During the current quarter, unusually cold and snowy weather will undoubtedly depress activity somewhat–especially with respect to construction activity, but also to a lesser extent in areas such as retail spending,” the official said.While Mr. Dudley did not directly address in his prepared remarks the release earlier Friday of the February jobs data, he nevertheless said the jobs market has been traveling on a slow path toward recovery, and improvements in the unemployment rate likely overstate the level of progress seen in the sector.”I wish that I could report that the improved pace of growth of economic activity led to a corresponding increase in the rate of improvement in labor market conditions,” Mr. Dudley said. That said, “growth will be strong enough to lead to continued improvement in labor market conditions. I must caution, however, that the outlook for the unemployment rate is unusually uncertain.”The central banker also said he expects price pressures, which are currently well short of the Fed’s 2% inflation objective, will likely move up over time. “I expect inflation to gradually rise” back to where the central bank would like it to be, the official said.
There was absolutely nothing meaningful happening in DC as of this report and nothing they were saying would have any impact on the markets as the pols basked in the ‘glory’ of another faked job report by the BLS.
(US) Feb Change in Nonfarm Payrolls: +175K v +150Ke; Change in Private Payrolls: +162K v +145Ke; Change in Manufacturing Payrolls: +6K v +5Ke
(US) Feb Unemployment Rate: 6.7% v 6.6%e; Underemployment Rate: 12.6% v 12.7% prior; Change in Household Employment: +42K v +638K prior; Labor Force Participation: 63.0% v 63.0% prior
(US) Feb Average Hourly Earnings M/M: 0.4% v 0.2%e; Y/Y: 2.2% v 2.0%e; Average Weekly Hours: 34.2 v 34.4e
(US) Jan Trade Balance: -$39.1B v -$38.5Be
(CA) Canada Jan Int’l Merchandise Trade: -C$0.2B v -C$1.2Be
(CA) Feb Net Change in Employment: -7.0K v +15.0Ke; Unemployment Rate: 7.0% v 7.0%e
(MX) Mexico Feb CPI M/M: 0.3% v 0.2%e; Y/Y: 4.2% v 4.2%e; CPI Core M/M: 0.3% v 0.3%e
(CL) Chile Feb CPI M/M: 0.5% v 0.3%e; Y/Y: 3.2% v 2.9%e; CPI Core M/M: 0.4% v 0.2%e
(CL) Chile Feb Trade Balance: $1.2B v $750Me; Total Exports: $6.6B v $5.7B prior; Total Imports: $5.3B v $5.9B prior
(CL) Chile Feb Copper Exports: $3.8B v $2.3B prior
Late Europe/Asia releases
(AT) Austria Jan PPI M/M: No est v -0.1% prior; Y/Y: No est v -1.0% prior
(AT) Austria Feb Wholesale Price Index M/M: % v -0.1% prior; Y/Y: % v -1.9% prior
(DE) Germany Jan Industrial Production M/M: 0.8% v 0.8%e; Y/Y: 5.0% v 3.9%e
(IE) Ireland Jan Industrial Production M/M: +0.9 v -2.2% prior; Y/Y: -1.1 v -6.9% prior
(PL) Poland Feb Official Reserves: $104.4B v $106.3B prior
(IN) India Forex Reserves w/e Feb 28th: $294.4B v $293.4B prior
|Australia $ (AUD/USD)||0.9074||-0.0016|
|Swiss Franc (USD/CHF)||0.8791||-0.0014|
|WSJ Dollar Index||73.41||0.13|
|Japan: Nikkei 225||15274.07||139.32||0.92%|
|Stoxx Europe 600||333.23||-4.05||-1.20%|
|UK: FTSE 100||6717.47||-71.02||-1.05%|
|E-mini S&P 500||1872.75||-3.50||-0.19%|
|U.S. 10 Year||-15/32||2.793|
|German 10 Year||-3/32||1.658|
|Japan 10 Year||-3/32||0.624|
-Canada, more forthright, Stats, eh. Canadians never complain about the ‘weather’ or ‘cold’ or stop work.
Canada’s economy unexpectedly lost jobs in February as public-sector employment shrank by the most since July 2013.Overall, there were 7,000 jobs shed last month, and the jobless rate held steady at 7.0%, Statistics Canada said Friday. The losses were concentrated in part-time positions, which were down by 25,900. Full-time jobs rose by 18,900.Public-sector employment declined 50,700. The number of private-sector jobs increased 35,200, the most since last September. Self-employment was up 8,600.The consensus call was for the economy to add 15,000 net new jobs and for the unemployment rate to stay unchanged, according to a report from Royal Bank of Canada. WSJ
-USA starts to fade as well.
-EU close falls apart-Russians landing this weekend in Crimea?
Closed some shorts out on the DAX at the close, left some on. Obviously the EU is continuing to escalate the situation in the Ukraine with their stooge candidates only for the election and the threat of a soft Invasion force lead by Poland. England fought for these grain ports, in the 1854, ‘charge of the light brigade’. Now there is $1 tln present value Natural gas the ‘Crown’ has found, problem is it is Eastern Ukraine where Russia has much of its heavy industry. Conflict head, major one. Putin can’t sit on his arse while NATO rolls up to his doorstep. Merkel is only going to understand a nuclear missile targeted at her home in Berlin, and Donald Tusk and London will only likely back off , if that happens.
|UK: FTSE 100||6718.14||-70.35||-1.04%|
|France: CAC 40||4375.22||-41.82||-0.95%|
|Stoxx Europe 600||333.35||-3.93||-1.17%|
Leaders of EU centre-right parties (EPP), including German Chancellor Angela Merkel, on Friday adopted an “emergency resolution” calling on Russia to stop and withdraw its troops from Ukraine or face further “targeted measures.” They said Ukraine “has a European perspective and may apply to become a member of the EU.”
EU leaders have frozen talks on visa-free travel with Russia and threatened asset freezes and economic sanctions if the situation in Ukraine gets worse.
Russian EU ambassador Chizhov has scorned the bloc’s decision to freeze talks on visa-free travel, telling Itar-Tass the talks were de facto frozen “a long while ago.” He noted the decision to sign the political part of an EU treaty with Ukraine leaves out the “substantive, economic part”on free trade.
FMs from 10 EU countries – the Baltic, Nordic, and Visegrad states – in Narva, Estonia, Friday, said the EU should send monitors to Ukraine to keep the peace. “It is a challenge we did not wish for, but is knocking at our doors,” Poland’s Radek Sikorski said, Reuters reports.
The European People’s Party at a congress in Dublin on Friday elected Crypto Jew Jean-Claude Juncker, from the gambling and tax dodging haven of Luxembourg, and long time Royal Aparatchik, as their lead candidate for the European Commission presidency.(that’s him strangling an Italian pol).
Out of the 629 votes cast, Juncker got 382, while his challenger, EU Internal Market Commissioner Michel Barnier, received 245. Two votes were annulled.
Zionist Run Germany’s Job system little more than slavery. Say no to TAFTA. No to USA workers competing with German slaves.
The European Central Bank (ECB) should scrap its target to keep price inflation at 2 percent, Nobel prize winning economist Joseph Stiglitz said on Thursday (6 March).
Speaking at an event organised by the European Parliament’s Socialist group, Stiglitz said central banks should look to strike a balance between controlling inflation and supporting job creation.”The ECB’s mandate needs to be changed,” he noted.Stiglitz is a long-standing critic of inflation-targeting by central banks, believing instead that monetary policy should be used to stimulate employment.Stiglitz’s remarks came as ECB president Mario Draghi kept the bank’s headline rates, including its main interest rate, at the record low of 0.25 percent, following a meeting of the bank’s governing council the same day.Draghi said the bank decided to leave the rate unchanged because of continued signs the eurozone economy is slowly recovering.”We saw our baseline by and large confirmed. There is a continuation of a modest recovery,” he told reporters in Frankfurt.Draghi has consistently rejected suggestions that Europe’s low inflation and stagnant economy could see a repeat of Japan’s economic experience, which saw companies and households hold off on spending on expectations of lower prices ahead, leading to two decades of economic stagnation.New forecasts published by ECB staff estimate that inflation will stay at 1.0 percent this year, 1.3 percent in 2015, and 1.5 percent in 2016 – comfortably below its 2 percent target all the way through the projection.Last month, the bloc’s economic affairs commissioner, Olli Rehn, warned that low inflation is making price cuts in the peripheral economies less effective at boosting their competitiveness, making it harder to geographically rebalance the economy.However, the ECB’s main mandate under the EU treaty is tightly restricted to the maintenance of ‘price stability’ across the eurozone at a rate of around 2 percent per year.
The Bank of Greece has released the results of the independent bank stress test by Blackrock, which show that Greek banks require €6.4bn in fresh capital to cover them up to December 2016. Separately, renewed talks between the EU/IMF/ECB Troika and the Greek government failed to yield any progress, with the two sides still far apart on issues such as civil service layoffs. Greek President Karolos Papoulias is said to have raised the issue of WWII reparations with German President Joachim Gauck at their meeting yesterday, although Gauck dismissed the issue he did offer to set up a fund to help raise awareness of WWII crimes in Greece.
Former Italian Finance Minister Fabrizio Saccomanni said of the European Commission’s decision to warn Italy of excessive macroeconomic imbalances, “This sudden change of judgment seems incomprehensible to me… [The Commission should know] that public debt has also increased because we had to repay the outstanding bills with private suppliers… Not to mention the €50bn of [extra] debt we took on for the bail-outs of countries like Greece or Ireland and to contribute to the European Stability Mechanism.”
In an interview with the Independent, Business Secretary Vince Cable claims that business leaders are warning him on a daily basis they will invest elsewhere to ensure they retain access to the EU’s single market.Writing in City AM, Andrew Lilico argues, “If the Out EU campaign offers no story, it runs the risk that – as in Scotland now – business becomes spooked. Businesses need to make concrete plans, and it’s not enough for them to know what referendum campaigners are against. Investors need a credible set of scenarios for what might be done instead.”
The FT reports that chief executives of Europe’s major telecoms groups have written to the European Commission to ask for an easing of competition rules in order to allow them to consolidate, boost profits and pay for new infrastructure.
The WSJ notes that officials from the EU member states don’t know the details of the US’ tariff offer in negotiations on the EU-US trade agreement (TTIP/TAFTA), since the US officials have said they are not allowed to view the documents.
New figures published this morning show that France’s public deficit was €12.7bn at the end of January – down by only €100m from January 2013. The decrease is due to higher tax revenue, which went up to €23.2bn from €21.9bn in January 2013.
The Irish Independent reports that plans for up to 40 wind farms comprising thousands of turbines across central Ireland which would have exported clean energy to the UK – allowing it to meet its binding EU renewables target – have been scrapped after the two governments failed to agree on the details and following opposition from local residents.
Around 15,000 off-duty police officers gathered outside the Portuguese parliament yesterday to protest against cuts to their wages and pensions, Jornal de Negócios reports. Scuffles with their uniformed colleagues in the security cordon broke out, and at least ten people were injured.
The EU28 seasonally adjusted external current account recorded a surplus of 47.9 billion euro (1.5% of GDP) in the fourth quarter of 2013, compared with a surplus of 31.8 bn (1.0% of GDP) in the third quarter of 2013 and with a surplus of 22.9 bn (0.7% of GDP) in the fourth quarter of 2012, according to first estimates from Eurostat. In the fourth quarter of 2013, compared with the third quarter of 2013, the seasonally adjusted surpluses of the goods account (+11.4 bn euro compared with +0.9 bn), income account (+11.6 bn compared with +8.7 bn) and services account (+42.1 bn compared with +40.8 bn) all increased, and the deficit of the current transfers account fell (-17.2 bn compared with -18.6 bn).
-Big Sell off in Europe ahead of close, taking short profit on DAX
Bumped DIA short more as it went above 16500 for a bit. Nice predictable day trading so far. Imagine how GS/JPM/HSBC do not having to guess what these reports say and with the free Repo cash and QE. I can’t wait until Euro-Trashed land closes. Today we had a big fail by Regling /Draghi.
We should bounce up against 16500 in the DIA and come off it for most of the rest of the day, where more shorts will be put on then a big fade into the close, perhaps allowing for some short profit near the close .
I’m going to put out a EU and USA summary, put the program on hold and hit the slopes. Pray for peace and wisdom for Russia/Putin. Pray our extraordinary evil leader will be punished in the USA/Canada/London and Europe for their greed, lies and war mongers. Goodness knows they hate the people and disregard their will. Pray Obama is brought down and can’t start WW3.
|UK: FTSE 100||6752.53||-35.96||-0.53%|
|France: CAC 40||4396.81||-20.23||-0.46%|
|Stoxx Europe 600||335.04||-2.24||-0.66%|
-Fitch London warns Russia or it will fake a lousy ratings report
The crisis in the Ukraine has increased the risks to Russia’s already weakening economy presented by currency depreciation and capital flight, Fitch Ratings has said. The situation is still highly unpredictable but Russia’s sovereign credit profile is robust and events so far do not have implications for the country’s ‘BBB’ rating, Fitch said. According to the report, the rouble has now fallen around 9% against the dollar this year, partly driven by fears across emerging markets about the impact of US tapering, but also on Russia-specific concerns about low growth and the weakening current account surplus, and in anticipation of further liberalisation of the exchange rate regime.”Higher energy prices and a weaker rouble should provide a fillip to sovereign finances by boosting the local-currency value of oil and gas exports, which contribute around half of federal government revenue and current external receipts. This will keep the fiscal deficit within the target of 0.6% of GDP in the budget, making up for a shortfall in non-oil revenue,” reads the report.Russia’s already strong sovereign balance sheet is characterised by low sovereign debt levels and high international reserves (around $490 billion in late February). Sovereign net foreign assets equivalent to 23% of GDP provide an ample buffer against external shocks, supporting the rating. These are sufficient to cover gross external financing needs more than three times over. The Reserve Fund, the government’s main fiscal buffer, contains $87 billion (4.5% of GDP), giving Russia a cushion against a drop in demand for its sovereign debt, Fitch said.”However, the broader economy stands to gain less from a weaker rouble. A lower cost base for commodity exporters may promote some current account adjustment but competitiveness gains for the relatively small non-hydrocarbons export sector will have a limited impact on GDP. We think the economic drag through lower business and consumer confidence and a loss of purchasing power will be more significant,” reads the press release.Russian economic growth has already slipped below the ‘BBB’ category median, with real GDP growth falling to 1.3% in 2013 due to a decline in investment and the inventory cycle. We recently revised our growth forecasts for 2014 and 2015 to 1.5% and 2%, respectively (from 2% and 2.5%), as economic data in January and February showed little sign of improvement, Fitch said.”Rising inflation, higher interest rates and potential capital flight all increase the risks to the downside. Foreign lenders may also seek to scale back their lending to the Russian private sector, with adverse economic consequences. Private capital outflows exceeded 5% of GDP in 2013 and remain a persistent problem,” reads the report.”Capital flight could accelerate, particularly if the threat of economic and financial sanctions increased. While not our base case, were such sanctions to materialise, the potential impact on growth and investment could lead us to review our sovereign rating on Russia. However, it is not clear whether Russia’s European trading partners in particular are prepared to risk the potential disruption to their own economies, and possible Russian retaliation, that sanctions would entail,” Fitch said. Russian Press
-Okay we just hit DJIA 16499 and I sold my remaining longs and purchased more DIA/SPY shorts.
-(UR) What will Yat the Yid do now.?
Russian energy giant Gazprom warned Ukraine to pay its bill or risk having its gas supply cut off, AFP reported Friday. Ukraine owes Gazprom $1.89 billion, the company said. “Either Ukraine pays the debt and pays for current supplies or the risk appears of a return to the situation at the start of 2009,” when Gazprom cut off supplies, said Gazprom Chief Executive Alexei Miller, AFP said, citing Russian news agencies. The 2009 cutoff also left much of Europe without supplies. Reuters said Friday was the deadline for Ukraine to pay for February gas deliveries
The upcoming referendum is Crimea’s own decision to distance itself from Kiev’s coup-appointed, illegitimate government, Crimea’s PM Sergey Aksyonov told RT. The Crimeans don’t want a group of “radicals” to impose their will on the autonomous region.Crimea’s population will vote in a referendum on March 16 to decide whether to join with Russia or remain an autonomous region. Prime Minister Aksyonov told RT that Crimea rejects the intimidation of the coup-appointed government in Kiev and is holding the referendum because ethnic Russians in Ukraine don’t want to be treated like “second-class citizens.” Dismissing Western reports of a Russian invasion as “flagrant lies,” Aksyonov explained there is no threat to life or the security of Crimea…
Whitewashing Ukraine’s Nazi collaborators ‘morally repulsive’ – Russia’s UN envoy
Attempts to whitewash the backgrounds of Ukrainian nationalists who openly cooperated with the Nazis and committed mass murders in WWII are “morally repulsive,” and encourage “nationalist ideology, extremism and intolerance,” Russia’s UN envoy says. RT
Poroshenko, leading candidate per biased poll, is considered a close confidant of Viktor Yushchenko who is a god-father of Poroshenko’s daughters. Being probably the wealthiest businessman among Yushchenko supporters, Poroshenko was often cited as one of the chief sponsors of Our Ukraine and the Orange Revolution. He’s a billionaire and part of the Anglozionist ‘chocolate’ cartel based out of London and is a pro-EU candidate. That’s him to your left of the boxing stooge shaking Kerry’s hand. Yat the Yid is to your right of Kerry.
Ukrainian opposition leaders Poroshenko, Vitali Klitschko and Arseniy Yatsenyuk meeting United States Secretary of State John Kerry at the Munich Security Conference 2014.
Chabad Candidate , punch drunk boxer, Klitscko in number 2 position
Petro Poroshenko would gain the most votes from the Ukrainian electorate if the presidential elections were to be conducted at the beginning of March.
Independent MP Petro Poroshenko would gain the most votes from the Ukrainian electorate if the presidential elections were to be conducted at the beginning of March, according to a poll conducted by the Kiev International Institute of Sociology from February 28 to March 3 for a commercial client.
The number of those surveyed was 1,022 people.Second in the poll came UDAR party leader Vitali Klitschko, and third was Batkivschyna all-Ukrainian union leader and ex-Prime Minister of Ukraine Yulia Tymoshenko.The poll offered 13 possible lists of candidates to respondents. There was one different candidate in each list. The number of votes for Poroshenko fluctuated within 19.8-20.6%, for Klitschko – within 11.7%-12.5% and for Tymoshenko – within 8.4-9.1%.Every list included Anatoliy Hrytsenko, Vitali Klitschko, Viktor Medvedchuk, Petro Poroshenko, Petro Symonenko, Yulia Tymoshenko and Oleh Tiahnybok. Also, every list had one of the following political figures: Sergiy Tigipko, Oleksandr Vilkul, Mykhailo Dobkin, Rinat Akhmetov, Nestor Shufrych, Mykola Azarov, Dmytro Tabachnyk, Hanna Herman, Yuriy Boiko, Raisa Bohatyriova, Volodymyr Rybak, Iryna Akimova and Oleksandr Yefremov.According to the results of the poll, if Tigipko participated in the elections, 19.8% of the respondents would vote for Poroshenko, 12.1% – for Klitschko, 8.4% – for Tymoshenko, 8% – for Tigipko, 5% – for Symonenko, 4.6% – for Hrytsenko, 1.7% – for Tiahnybok and 0.7% – for Medvedchuk. Besides, 17.6% wouldn’t support any candidate.Under the condition of Vilkul participating in the elections, 20.2% of the respondents would vote for Poroshenko, 12.2% – for Klitschko, 8.6% – for Tymoshenko, 6.1% – for Symonenko, 4.4% – for Hrytsenko, 2.2% – for Tiahnybok, 0.9% – for Medvedchuk and 0.5% – for Vilkul; 21.5% wouldn’t support any candidate.If Dobkin participates in the elections the results will be as follows: 20.5% – Poroshenko, 11.7% – for Klitschko, 8.8% – for Tymoshenko, 5.4% – for Symonenko, 4.2% – for Hrytsenko, 3.6% – for Dobkin, 2.2% – for Tiahnybok, and 0.8% – for Medvedchuk; 19.8% wouldn’t support any candidate.Under the condition of Akhmetov participating in the elections, 20.5% of the respondents would vote for Poroshenko, 11.8% – for Klitschko, 8.8% – for Tymoshenko, 5.8% – for Symonenko, 4.3% – for Hrytsenko, 3.4% – for Akhmetov, 2% – for Tiahnybok, and 1% – for Medvedchuk; 19.3% wouldn’t support any candidate.If Azarov participates in the elections the results will be following: 20.4% – Poroshenko, 12.4% – for Klitschko, 8.4% – for Tymoshenko, 5.7% – for Symonenko, 4.2% – for Hrytsenko, 2.4% – for Azarov, 2% – for Tiahnybok, and 1% – for Medvedchuk; 20.4% wouldn’t support any candidate.Ultimately the relative rating of ‘experimental’ candidates is as follows: first place is held by Tigipko (8%), the second place is shared by Dobkin (3.6%), Akhmetov (3.4%) and Yefremov (3.1%), third place – Shufrych (2.5%) and Azarov (2.4%). The rest are Herman (1.8%), Rybak (1.7%), Boiko (1.2%), Akimova (1%), Bohatyriova (0.7%), Tabachnyk (0.6%) and Vilkul (0.5%).The poll was conducted from February 28 to March 3. A total of 1,022 respondents, who are over 18 years old and live in all the regions of Ukraine (including Kyiv) and Crimea, were surveyed in a face-to-face interview.The presidential elections in Ukraine were scheduled for May 25, 2014. The election campaign started on February 25. It will last 90 days. Kyiv Post
-I’m dumping my longs at we approach DJIA 16500 and putting on some shorts. A lot of times you don’t want to wait for the even number to sell as it never gets there especially on a Friday with a hot situation like the Ukraine.
Safeway down nearly 3 % on the Cerebrus Capital deal. That is almost all Bush family money. I won’t be shopping at Safeway anymore!! Go to hades you drug running, relatives of the Queen!!
Europe cuts losses
|Stoxx Europe 600||337.14||-0.14||-0.04%|
I was carefully watching the tape ahead of the jobs release and decided to flatten my DIA position, and extract some profit from the DAX short. It was pretty clear from the futures action ahead of the release that someone knew that they beat the number, and that a big Birth-Death pad would be used. I thought it might be as high as 200k.
I will also buy some DIA at the market price at the open and dump after the morning pop and bump my shorts. Maybe I will get a chance to bump my DAX short going into the EU close. Obviously the WEST(London) is escalating the tensions in the Ukraine with their murderous puppets and I don’t want to not have a short position with all these bankers raining down upon us and WW3 pending.
I’m going to go and back fill some comment on the Jobs after going through the raw numbers with my program, and add some comments to the action in Euro-trashed land and then have some coffee.
(US) The U.S. trade deficit rose slightly to $39.1 billion in January from a revised $39.0 billion in the prior month, the Commerce Department said Friday. Economists surveyed by MarketWatch forecast a deficit of $39.7 billion. Imports and exports both rose by 0.6%. The U.S. exported less petroleum and soybeans and imported more oil and networking equipment. The trade gap with China widened.
(US) Coupons.com, COUP: Prices upsized 10.5M share (10M prior) IPO at $16/share, above the expected pricing range of $12-14/share
-USA, NFP, Feb Jobs Report
175k Jobs in Feb, Unemployment rises from 6.6 to 6.7 %
*Birth-Death Jobs+ 124k (non- countable jobs)
*U6 jobless rate drops to 12.6% from 12.7%
*Average hourly wages climb 9 cents to $24.31
*Average workweek drops 0.1 hour to 34.2 hours
*January job gain upped to 129,000 vs. 113,000
*December job gain lifted to 84,000 vs. 75,000
*Labor force participation rate held steady at 63%
(This number has hovered around historic lows over the past several months. Today’s figure doesn’t change that. )
* Food Svs +21k; Const. +15k; Health care +10k; Retail-4k: IT 16K; Mining, logging, mfg, transportation, financial activities, govt,, wharehousing +0k
This was another extremely weak report like last month, and no doubt we can see why the ‘weather’ was so prominent in the Fed’s speech given how weak the report really is. The report relied upon 124k birth-death jobs to print up any number at all. The headline number will be enough to continue the ‘taper’ program as the FED is a political animal which takes its directions from London, now that JPM has its boy Stan Fisher whispering in Yellen’s ear and does not have to rely on the BOE flying over ahead of the report, or one of the English stooges to talk with the FOMC head.
6.8M people said they had to work part time even though they normally have full time work. That’s the highest since January 1996. Some 600k workers also did not go to work because of the bad weather despite having jobs. The number of people working part-time for economic reasons is virtually unchanged in February at 7.2M. This is one of Yellen’s favorite numbers.
Why did the unemployment rate rise to 6.7% last month? The number counted as out of work in the household survey climbed 223K in February to 10.5M, as those employed rose just 42K after surging 638K in January. Meanwhile, the labor-force participation rate was steady at 63%.
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
WS pundits are bullish. Knight Capital Group’s futures team(the bull of bulls). “It confirms the softness in data recently is probably mostly weather related and that the economy is continuing to improve at a steady rate,”
Average hourly earnings for all employees was up 2.2% over the past year. That is ‘officially’ outpacing inflation (the official rate of inflation, at least) of a bit over 1%, but 2.8 % below the real rate of inflation in the USA (www.shadowstats.com) which is 5 %. Wage growth of 2% is not strong enough to get this economy rolling and effect ‘lift off’. No one is more stingy with labor’s wages than Congress, or the SP500 or the FED, except the Queen of England and Baron Rothschilds. The Queen pays her 60 hr a week butlers the grand total of $20k a year. She’s only worth $100 tln after all.
The number of people actually not in the labor force grew by just under 2 million Y/Y-not a good sign. That is about equal to the number of net new people seeking jobs each year. Mostly these are older workers who dropped out and could not find jobs and gave up, or college graduates who went back to grad school due their inability to find work.
Okay that’s it for comments on the NFP for this month.
We had credit spreads actually tighten in the EU as peripheral bonds in Italy and Spain continued to surge (yields decline) in tandem and at the same time from the market open, more than the Bund declined on equity market weakness on the Ukraine situation. Rhetoric from Europe, Poland in particular did not help. The DAX was the under performing indices going into the USA NFP. Draghi not doing anything yesterday was a bit of factor in the failure of Reglings gang to lift markets by buying down peripheral yields in Italy and Spain.
Consumer Discretionary [Fraport FRA.DE -1% (FY EBITDA below ests); Air France AF.FR +3% (Feb traffic +1.8%), AGA Rangemaster AGA.UK +3% (FY profits rose y/y)]
Energy [Fugro FUR.NL -6% (FY results below ests)]
Healthcare [Getinge GETIB.SE -15% (profit warning)]
Telecom [Telecom Italia TIT.IT, moved between gains and losses following earnings report]]
(UK) Feb BoE/GfK Inflation Next 12 Months: 2.8% v 3.6% prior
(DE) Germany Jan Wholesale Prices M/M: -0.1% v +0.3% prior; Y/Y: -1.7% v -1.3% prior
(IT) Italy Jan PPI M/M: -0.2% v -0.1% prior; Y/Y: -1.7% v -2.1% prior
(NO) Norway Jan Industrial Production M/M: 1.1% v 0.5% prior; Y/Y: +2.5 v -2.2% prior
|UK: FTSE 100||6776.74||-11.75||-0.17%|
|France: CAC 40||4410.06||-6.98||-0.16%|
|Stoxx Europe 600||336.23||-1.05||-0.31%|
(EU) Fitch: affirms ESM at AAA; outlook stable
(UK) UK Fin Min Osborne expected to have to deal with a £20B hole in the budget; will present annual budget on March 19th – FT
(DE) Fraport beats estimates, but guides FY14 to see net slightly higher y/y, while expecting EBITDA and Rev to be lower.
(IT) Telecom Italia fails to meet expectations on both FY13 and Q4, suspends dividend, to buyback €500M in bonds
(ES) Spain Econ Min Latorre: GDP seen between 0.4-0.5% in quarters leading to end of year
(GR) Greece’s Eurobank and Alpha Bank may be able to return to the capital markets after release of stress test results – Greek Press
|German 10 Year||4/32||1.637|
|France 10 Year||7/32||2.202|
|Italy 10 Year||5/32||3.429|
|Spain 10 Year||8/32||3.380|
|U.K. 10 Year||4/32||2.755|
|U.S. 10 Year||4/32||2.724|
(CN) PBoC Dep Gov Yi Gang (also head of FX regulator SAFE): Reiterates view to maintain Yuan exchange rate basically stable; Two-way fluctuation depends on market situations
(CN) China’s Chaori Solar failed to make an interest payment making it’s the first ever China corporate bond default (Note: Market began in 1997)
(HK) Hanhua Financial is delaying $367M IPO in Hong Kong due to weak demand
(JP) White House: During the phone conference, US President Obama and Japan PM Abe agreed Russia’s actions are threat to international peace and security
(DE) Destatis said that Germany’s Wholesale Price Index fell to -0.1%, from 0.3% in the preceding month whose figure was revised down from 0.4%.Analysts had expected Germany’s Wholesale Price Index to fall -0.2% last month.
(CH) State Secretariat for Economic Affairs said that Switzerland’s unemployment rate remained unchanged at a seasonally adjusted 3.2%, from 3.2% in the preceding month, meeting expectations
(UK) The speed UK property prices are rising at is “approaching madness”, analysts have warned, after data showed house prices jumped 2.4pc in February, the biggest monthly increase in five years.The rise, revealed in the latest Halifax House Price Index, outstripped analysts’ expectations of a 0.7pc rise, renewing fears of a house price bubble.House prices advanced 7.9pc on an year-on-year basis, the figures showed, taking the average price across the UK to £179,872 and marking the strongest annual uplift since October 2007.Oliver Atkinson, director at urbansalesandlettings.co.uk, said in parts of Britain “the momentum is approaching madness, as price rises continue to accelerate”.
(UR) CIA/Mossad on the ground update : http://www.youtube.com/watch?v=QnpXASPd1h4
Asian markets are up in the overnight markets in quiet trade ahead of Friday’s NFP report in the USA later today.
The Nikkei stock index rose for a fourth straight day Friday as sentiment brightened due to upbeat U.S. economic data and the euro’s rise to a two-month high against the yen following the European Central Bank’s decision to keep its key interest rate unchanged.The 225-issue Nikkei Stock Average finished up 139.32 points, or 0.92 percent, from Thursday at 15,274.07, its highest finish since Jan. 29. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 8.61 points, or 0.7 percent, higher at 1,236.97.The gain was led by warehousing, metal and mining shares.
Sony plans to sell its former headquarters and other properties at a key Tokyo site that once served as the control tower for its sprawling operations, a move symbolic of the consumer electronics giant’s diminished fortunes.
PBOC adviser Chen emerged to steady mainland markets in the face of its first major commercial bond default, and said China trust product default risks are under control. China Commerce Minister said he was confident 7.5% GDP target would be achieved despite overnight remarks that 7.2-7.3% range would be the more realistic estimate to further buoy the markets sentiment.The Security Journal reported the PBOC is expected to expand Yuan trading range in small incremental steps throughout 2014.
Investment is still the key to maintaining reasonable economic growth and adequate employment even though policy makers are trying to restructure the economy to give more weight to consumption, the state-run Economic Daily said in a commentary Friday.The economy faces pressure from an uncertain global recovery, and that means exports and domestic consumption are unlikely to show substantial improvement this year, the newspaper said. Under such circumstances, China must make use of investment to spur growth, particularly as it tries to upgrade its industry, it added.Meanwhile, deep-rooted domestic structural imbalances have started to emerge, the commentary said.China has set a target of about 7.5% economic growth for this year though policy makers have said they want to reduce reliance on investment and exports as a driver of growth.Investment must focus on high-quality projects in strategically important new industries, as well as infrastructure development and other projects “closely linked to people’s livelihood,” the Economic Daily said.”As long as we ensure the quality and direction of the investments and find the balance between investment and consumption, achieving 7.5% growth this year should not be a problem,” the commentary said.
The bloom continues to come off the China housing bubble rose. According to Deovolente Realty Co, Shanghai pre-owned home sales for Feb: 11.6K units (2-year low), -18.9% m/m, -20.4% y/y; Avg price fell 4% m/m to CNY19.6K/sqm.
The Shanghai Futures Exchange said yesterday that it has completed all “technical preparations” for its crude oil futures and urged authorities to work out related policies as soon as possible.Yang Maijun, chairman of the Shanghai bourse, said that it has completed the contract rules and technical system testing and that all technical preparations are ready.The government has promised the gradual opening of its futures markets, which are largely off-limits to overseas investors now, with Shanghai crude to be the first to the opening.
RBA Gov Stevens caused the biggest ripple in the currency markets in an otherwise quiet FX trading session. Speaking before the House of Representatives of Economic Committee, Stevens saw the $0.90 as a critical threshold where AUD becomes too high. Stevens further acknowledged wage growth has slowed and unemployment rate will edge higher yet, but also affirmed there is no need to lower rates at this time, expressing some more concern about the dangers of overheating property markets. Stevens also noted the recent GDP data does not change the RBA’s assessment that domestic economy is running below trend.
The Ukraine/Crimea/Russia standoff remains tense in the 24 hours after Crimea parliament formally approved secession and announced it would put the matter to a Mar 16th referendum vote. Presidents Obama and Putin held another hour-long phone session but remain far apart in their positions. Both the EU and US moved together earlier to start escalating sanctions against Russia.
President Obama, whom has proved himself an adept LGBT bully , stepped right into the bully pulpit of the office of the President as David Cameron, Donald Tusk and Angelina Merkel backed him and laid into Russia with a series of hypocritical and outrageous accusations. Obama continues to maintain Russia is in violation of Ukraine’s sovereignty and would oppose Crimea’s independence vote, while Russia still deems Ukraine’s new govt as illegitimate in making demands regarding the peninsula.
Separately, the Ukraine press, much of which is controlled by the West, has speculated that Fri-Sun will see a “high chance” of an assault by Russian troops on the Ukraine’s bases in Crimea. Russia blockaded the naval port of Sevastopol to prevent the illegal govt from ordering anymore ships out to sea, where they could launch assaults on Russian people living in the Crimean opposing the present illegal regime.
The House of Representatives on Thursday easily approved legislation that would extend financial aid to Ukraine. The bill allows Ukraine up to $1 billion in loan guarantees, which the bill’s sponsors say cover the risk of losses if Ukraine defaults. The vote was 385-23. Both chambers of Congress would need to approve the loan guarantees and the Senate is still working on its bill.
There is no political will at all among the American public to be involved in anyway in the Ukraine, and the USA has no interests at all in the region. England and Germany are the ‘big’ winners if they can pull of this violent coup the EU staged with the help of the USA State department.
China let others do its speaking for it in this matter.
(JP) JAPAN FEB OFFICIAL RESERVE ASSETS: $1.29T V $1.28T
(JP) BOJ offers to buy ¥110B in JGB with maturity lower than 1-yr and ¥180B in JGB with maturity over 10-yr as well as ¥2.0T in T-bills
(CN) Daily Shibor fixings: O/N: 1.9948% v 2.0547% prior (2nd consecutive decline, lowest since Feb 27th); 1-week: 2.4030% v 2.4860% prior (2nd consecutive decline, lowest since June 2012)
(AU) AUSTRALIA FEB AIG PERFORMANCE OF CONSTRUCTION INDEX: 44.2 V 48.2 PRIOR (2nd month of contraction; 6-month low)
(MY) MALAYSIA JAN TRADE BALANCE (MYR): 6.4B V 9.1BE
|Japan: Nikkei 225||15249.09||114.34||0.76%|
|S&P BSE Sensex||21767.16||253.29||1.18%|
|UK: FTSE 100||6788.49||13.07||0.19%|
|Australia 10 Year||-16/32||4.179|
|China 10 Year||0/32||4.530|
|India 10 Year||1/32||8.804|
|Japan 10 Year||-4/32||0.629|
|German 10 Year||0/32||1.650|
|U.S. 10 Year||0/32||2.740|
(US) Weekly Fed Balance Sheet Total Assets Week ending Mar 5th: $4.17T v $4.16T prior; Reserve Bank Credit: $4.13T v $4.12T prior; M1: +$14.8B (first rise in 3 weeks) v -$18.8B prior; M2: -$8.2B (first decline in 7 weeks) v +$35.9B prior; M1 and M2 percent change at seasonally adjusted annual rates for last 13 weeks y/y: M1 y/y change: 8.8% v 8.6% w/w; M2 y/y change: 5.6% v 5.6% w/w
(US) FED Lockhart said it would be reasonable to anticipate a soft jobs report for February given the “winter’s wrath”, but also voiced support in continuity of the pace of taper, suggesting only a serious drop-off in activity would merit change.(
(US) FED Plosser also said the bar to change the pace of the taper is high, even though the near-term trend of economic growth has been reduced by the GFC to 2.0-2.25%. Plosser also said it will take a couple of months before weather-related factors are filtered out from US economic data.
(US)An early benchmark of NVIDIA’s Tegra K1 system-on-chip (SoC), which was announced at CES 2014, shows the new mobile processor may potentially be “the next big thing in SoCs” this year, as Tom’s Hardware puts it. “Based on our initial looks at Tegra K1 in Lenovo’s ThinkVision, the SoC far outperforms any of its competition,” the site says about a 3DMark test, “posting 25%-higher results in the GPU-heavy graphics workload and CPU-limited physics test.”
(CA) Canadian regulators on Thursday approved a plan by Enbridge Inc. to reverse the flow of a major pipeline and ship more oil to refineries in the East, a move designed to ease bottlenecks that have depressed prices.
CMTL: Reports Q2 $0.32 v $0.26e, R$85.5M v $80.3Me; +4.3% afterhours
HRB: Reports Q3 -$0.78 v -$0.08e, R$199.8M v $531Me; cites delayed opening of IRS e-file; -3.4% afterhours
SWY: Safeway and Albertsons/Cerebrus (Bush family) Announce Definitive Merger Agreement at approx $40/shr ($32.50/shr in cash and other considerations); -3.6% afterhours
GPS: Reports Feb SSS -7.0% v +1.0%e; -4.8% afterhours
APP: Reports prelim FY13 Rev $634M v $642Me; Feb SSS -5% v +5% y/y, cites recent cold weather; -8.9% afterhours
PRGS: Reports prelim Q1 $0.27-0.28 v $0.31e, R$74-75M v $81.5Me; -11.7% afterhours
NVTL: Reports Q4 -$0.16 v -$0.08e, R$65.3M v $74.6Me; -18.6% afterhours
-Putin needs to move faster…
No agreement signed with an unelected govt that used violence and killing of police is legitimate Mr Obama, much less moral.
Obama once again disgraces himself as the nasty little evil queer girlfriend of Prince Charles and Jacob Rothschilds he forever is as pushes Americans towards war with violence he funded and endorsed and proves himself once again a spineless tool of the devils of London.
The only regimes that need to be changed are in London, Paris, Berlin, Warsaw, and Washington DC.
Hopefully I will live to see Yat the Yid’s picture in the newspaper swinging in the wind, after a fair trial in Moscow of course. Merkel is a foul pig. Cameron, Obama’s queer handler is even more foul. What a nasty bunch of thieves run the EU.
Putin should put all our leaders on trial for us. I will testify against them all in Congress and in the Pentagon and White House at the Trial. What evil, evil people run the USA unconstitutionally.
The British-Israel realm, aka America and England coin of the realm is the lie. I want the USA coinage changed. We must take off the lie ‘In God we Trust’ and put on ” In Jewish bankers , the Pentagon, lies and the English Crown we trust”.
Down with the English Crown. Down with its bankers and puppets.
-What’cha got their Rabbi?
Read Michael Hoffman’s epic book on the Talmud. Paedophila with gentile children is okay for the Talmud gang. Actually there were so many cases of English paedophila tonight, I was not going to post any, but came across this one. These guys never get reported in the USA press. England is sure a nation of Piracy, Paedophila, witchcraft and war.
-Albert Speer’s Jewish Cousin
Lots of Jews at the top of the NAZI party. The dirty little secret of Zionism. The Germans, often innocent were killed in a frame up job done by the Anglo-Jew prosecution, the really guilty ones like Speer with the Jewish bloodline got off in general but not in the case of Eichmann, he was one of the few Jewish Nazi’s executed by the allies. Speer was the ‘brains’ of the Nazi party and likely wrote Mein Kampf for Hitler.
-Russian Witches Pussy Riot getting the Attention they deserve
Likely staged by these witches. Best to ignore them. They can’t stand that.
-Room where Internet was born
I was one fortunate enough to be one of the first users. Don’t forget Eurotrash scum, you did not invent the internet.
-Crimean Govt Scuttles Ships to prevent the Illegal Yat the Yid Regime from stealing them.
Yat the Yid must not have been good at Chess. Rothschilds likes his stooges dumb. Ask him about David Cameron sometime.
Europeans Yids Running Europe..and soon the Ukraine they hope..if not for the donkey face Baroness Ashton we could call this a bloody illegal Yid revolt in the Ukraine. Some pretty famous and bloody Yids have come from this area of the world, Joseph Jewison,aka Joseph Stalin and Lenin the most notorious killers.
-Bitcoin founder CIA Spook?
-Obama, Kissinger, and Prince Charles are Proud Gays
and their kin are running amuck . Imagine you’re an economic refugee or a patriot and have serve with this moral trash. Putin is laughing.
Gay, lesbian troops perform in drag at Kadena Air Base fundraiser
-El Nino coming back ?
But not before they squeeze the marginal and organic farmers off there and the Rothschilds/Windsor affiliated ag cartels consolidate their land holdings.
-China declares war on Smog
-Chinacoms to sellout people and admit GMO food
They are already eating them. This is bad news.
*Putin had Reagan Number as an Anglozionist Nutter at a young age
Good old Ronnie. Turned the CIA and USA military establishment on USA population with mind control, and unlimited spying, and started Star Wars up and the militarization of Space. Ran the debt through the roof for the military industrial establishment and put them on the map but never saw a foot soldier who he thought deserved a raise.
Ran up 1/3 of our present debt, while telling the poor, ‘get a job’ as he off -shored theirs under free trade agreements he started which later became NAFT/WTO. America was flush before this war monger.Loved to tax the poor. Loved regressive taxes and was great at hiding taxes. Destroyed the dollar even worse than Nixon. Started the market rig and the Plunge Protect Team, aka the Exchange Stabilization Fund where GS/FED/UST/JPM, and a few other select people met weekly to rig markets. Appointed Alan Greenspan.
Ask Ronnie about the time he called the National Guard out with Bayonets and to club and gas students at UC after he jacked their tuition up to make sure only his well off Republican voters kids could get in.
How evil was he? Well to this day Queen Elizabeth calls him her favorite President. Took his orders from Queen Elizabeth’s cousin Bush Sr, and the Bull Dyke Maggie Thatcher.
The USA has lot of generational CIA families like Miley Cyrus, Alex Jones who admits 1/2 his family are CIA/Spooks.
At the time this photo was taken MI6 was still running the KGB in Russia. Hopefully Putin broke free of their mind control.
Still you can’t blame the American people too much for voting him, they were never told what he was up to by the Media, but got the bills. Hopefully Queen Elizabeth will join Ronnie soon.
The man was a homosexual, that is how they controlled him, and likely he was a paedophile as well. He had the ‘royal’ bloodline and disease.
President Reagan in Red Square in 1988 with, at far left, … KGBer Vladimir Putin? (White House Photo/ Pete
*Human Execrement Bibi Netanyahu Appeals to satanic Anglozionist filth of Hollywood to raise America to war on Iran, the Zio-Nazi Bibi calling Iran, Nazi’s
Filthy pig. 911 Perp and war criminal. Insane Jew. Filthy Anglozionist pig Gov Jerry Brown giving America’s tax dollars and R/D to the filthy pig who was the butcher of 911.
WASPs are Hebraic, and the Zionist extremists among us in the majority. There is no dissent against Masonry among the WASP, no revelation that is a Hebraic religion that pledges fidelity to the English Crow..er Crown. Drink any blood on this trip Bibi at your fine meals with your filthy kin in Hollywood? The man is a satanic Ghoul.
Netanyahu also traveled to Silicon Valley on Wednesday to sign an agreement with California Gov. Jerry Brown to develop joint technology projects and conduct research in California and Israel.During a meeting at the Computer History Museum in Mountain View, the two emphasized their joint interests in cybersecurity, energy sources and water conservation, and suggested Israel — an arid country with a growing population — might be able to help California cope with its ongoing drought.
*Only 14 % of America is Anglozionist or insane . Call your slime bag congress snake, say no to war or any escalation in Ukraine. Warn them you don’t want ‘sanctions’ used and to ‘stand down’ or get thrown out of office.
Americans Overwhelmingly Oppose US Intervention in Ukraine
According to a YouGov poll conducted this week, only 14 percent of Americans said the U.S. has “any responsibility” to get involved in Ukraine, and only 18 percent think the U.S. “has any responsibility to protect Ukraine if Russia were to invade”
“Americans are more likely than not to say that the United States has no responsibility to get involved in Ukraine even under extreme circumstances, the new survey shows,” the Huffington Post reports. “Pluralities of Democrats, Republicans and independents agreed that the U.S. does not have a responsibility to protect Ukraine.”
This reminds one of the Pew poll from back in December that found a majority of Americans more than ever before in Pew’s 50-year history of polling this question, think the U.S. “should mind its own business internationally and let other countries get along as best they can on their own.”
Over a decade of war will do that do a population. Part of the low support for intervening in Ukraine stems, I would suspect, from the lack of knowledge of Ukraine and the amount of people who probably could not point it out on a map (which I assume is very significant).
But more power to them. The way Washington is wringing its hands over the situation in Ukraine is indicative of, in John Mearsheimer’s words, the fact that “America’s national-security elites act on the assumption that every nook and cranny of the globe is of great strategic significance and that there are threats to U.S. interests everywhere.”
-Yat the Yid truly a Zionist-Nazi Regime of Terror forming in Lenin’s image in the Ukraine
Terrorist and War Criminal Baroness Ashton of England. A cursed evil Triangle-girl witch.
EU’s Catherine Ashton (L) – with Ukraine coup leaders and protestor killers
-Zionist/London Operators and War Criminals Brezinski and Kissinger in Panic
Neither of these guys was born here, both were sent here by Rothschilds and London. Kissinger is the only American every Knighted that in full view of the public was given a ride to the Ascot Races in the Queens Coach with her and her husband. Both top CFR /Trilateralist thugs in London constantly. Brezinski is currently the top adviser to Soros/Obama, thus the more militant response.
Kissinger…a slower strategy of capturing the Ukraine and toppling Putin /Russia and putting the Zionist in charge like in the Ukraine currently…
Zibignew.. baiting the Russia bear with an overthrow centered around some of his Polish-Zionist Clansman and a militaristic stance..
-’Yat the Yid” requests USA/UK military intervention as does Poland. USA steps up military threat on Russian border to provoke a response.
-Hollande hits record low ‘trust’ level of 17 % in latest poll as INSEE adjusts statistics to show job growth.
-Crimean Parliament votes to Join Russia, Referendum in 10 days
-ECB holds, BOE holds
-China to allow first ever major corporate bond default Friday in solar firm to gage shadow banking system and banking response
-Obama gives health plans a 2 year reprieve
-US Secretary of State John Kerry says the talks with his Russian counterpart in Paris were “tough”
-Russian Foreign Minister Sergei Lavrov says discussions will continue in the coming days
Master market manipulators and their media whores are taking down the jobs estimates for tomorrow to 125k for an easy beat. The FED baked the weather excuse today and yesterday for them. Dudley , Fischer , and Lockhart were all on message today, taper to continue , jobs weak due to weather, economy great, as they pumped the SP to a new record high. I spread my book a bit just in case the BLS really cooks the books tomorrow.
This was the FED/WSJ tout of the day. As ‘reflated’ housing and increased stock prices increased ‘American’ network post the 2007/2008 Crash. Unfortunately if you looked at the data it was very unevenly distributed to the top 10 %.
FED hawk Fisher’s warned today about some stock market metrics, namely price-to-projected forward earnings, price-to-sales ratios and market capitalization as a percentage of GDP, that are at levels not seen since the late 1990s.
Nasdaq Biotech is on ‘bubble watch’.Health-care stocks were the S&P 500′s worst performers as shares of biotechnology companies slumped. The iShares Nasdaq Biotechnology Index exchange-traded fund, one of the market’s big gainers over the past year, fell 3.1%.
Retail favorite Costco was down 3% in early after missing top- and bottom-line expectations in its second-quarter report. The firm’s sales comps held up well, up 2% overall while US comps were up 4%. Earnings fell y/y, dragged down by weak margins in the holiday season and tough FX conditions. Executives said weather in February had a negative 1% impact.
Office-supplies retailer Staples slumped 15% after missing fiscal fourth-quarter earnings and revenue estimates. The company said it plans to close 225 stores by the end of 2015 as part of a plan to cut costs by $500 million. Declines also weighed on Office Depot, which slid 4.2%. Obama is killing small business by design from the small farm to main street.
Pandora is down 3.5% after reporting an 11% y/y gain in active listeners in February. This is the third consecutive month of strong deceleration for the firm, with gains sinking into the low teens after a sustained 30%+ gain in active listeners seen in 2013, or the 40%+ rate seen the year before. Not surprisingly, Pandora said it intends to discontinue its monthly disclosure of key audience metrics.
FB obliged by declining to near 70 before recovering allowing a reduction in short cost. TWTR bulls defended the tape as FB shills (analysts) warned of the FB threat. So added to that short. It was up about 1.5 %. They have been spending like an English whore on your American Express Black card.
In extremely bad news for Californian’s the hyper-evil fund Cerebrus Capital partners of the BUSH family is going to buy Safeway in a $9 billion dollar bill. The working class will pay for that.
Gold is near $1350 and WTI near $102 10 minutes before the close of the cash equity markets. Gold surged off a 1350 low on weak ecoomic reports. WTI dropped to 100 before someone came in and pasted it back up in a dramatic manner ahead of this report. The Euro/S has been banging on 1.39 since it rose on the ECB hold and blabber .
|Japan: Nikkei 225||15134.75||237.12||1.59%|
|Stoxx Europe 600||337.28||0.22||0.07%|
|UK: FTSE 100||6788.49||13.07||0.19%|
|E-mini S&P 500||1877.00||4.50||0.24%|
|U.S. 10 Year||-8/32||2.737|
|German 10 Year||-13/32||1.651|
|Japan 10 Year||-5/32||0.614|
-Obama reluctant to do David Cameron/Prince Charles/Bush family Dirty Work, but does it nevertheless
The real power is in London. Prince Charles is in charge of the Commonwealth armed forces, and Foreign policy. Hague answers into the beast. Washington DC are just lower ranking Anglosaxon and Jewish relatives of the Crown, many ‘knighted’ some in public, some in secret. Bibi /Ehud were knighted by QE2 for their part in 911, covered for only 4 hours in the Jewish Chronicle of London. The ZGRs database at WP was seized shortly after that and our account terminated, and no legal recourse could get it back. MI6 is on top of this blog 24/7. Every keystroke we make, every sentence of the Anglo media we debate is followed. Something like 1000 fellows a day around Buckingham place/City of London/MI6 offices follow the ZGR, unfortunately.
The EU went for the good cop role today; London forced its lackeys in Washington to play the bad cop. “Yat the Yid” gave the game away when he urged the USA and UK to intervene militarily by inference. Hopefully we will see this Lenin, Tartar-Jew, look-alike’s neck in a noose soon after his trial in the Crimean for fomenting violence against protesters and police that resulted in many deaths. A typical smug Rothschilds man like Draghi. He too has ‘triangle’ power like the satanic Zionist witch Merkel and his boss Tymoshenko to protect him, at least that is what he thinks. Hillary is on the record in the book, “unlimited access’ as telling the SS/FBI she did not need their protection as she had it. Maybe they can see the demons on all sides of them.
President Barack Obama said Thursday that any move by Crimea to become part of Russia would violate international law. “The proposed referendum on the future of Crimea would violate the Ukrainian constitution and violate international law,” Obama said in a brief statement to reporters at the White House. The pro-Russian authorities in Crimea announced a March 16 referendum on the question over whether Crimea would join the Russian Federation. Obama defended the visa restrictions and sanctions framework announced earlier by the White House as needed to impose a “cost” on Russia for its invasion of Crimea. The West was united in its response to the Ukraine crisis, Obama said. He called on Russia to “de-escalate” the crisis. At a separate news conference, Secretary of State John Kerry said quick action would be preferable so that nothing happens to make a diplomatic solution unworkable.WSJ
EU leaders agreed Thursday to call on Russia to immediately withdraw troops from Ukraine, to allow international monitors and said a referendum on the future status of Crimea would be illegal. Additional measures will be taken if Russia and Ukraine don’t find solutions within a limited time-frame, their statement said. Likely by Sunday the Crimea will not be part of the Ukraine, one way or another. Germany was said to have told Russia, they would draw the line in the Eastern Ukraine.
NATO chief Rasmussen told the illegal Ukraine PM Yatsenyuk Thursday the alliance will “step up our engagement with Ukraine’s political and military leadership” and “strengthen our efforts to build the capacity of the Ukrainian military, including with more joint training and exercises.” The statement comes after Russian troops occupied Ukraine’s Crimea region.
The US state department has imposed a visa ban on Russian and Ukrainian nationals deemed “responsible for or complicit in threatening the sovereignty and territorial integrity of Ukraine.” It did not give any names. The move comes as EU leaders met in Brussels to discuss potential sanctions against Russia.
Ukraine’s illegal leader Yatsenyuk has urged the UK and US to protect its territorial integrity, but indicated the Ukrainian army will not act unless Russian forces move beyond Crimea. Clearly he knows Europe is not going to do his killing for him after yesterday’s disclosure, and he’s London’s boy and not so Crypto Jew like his billionaire partner in crime Tymoshenko. It’s unclear the Ukraine military would obey him anyways. He’s possibly involved in ordering police and demonstrators shot.
Under the pretext of “deterring Russian aggression” in Ukraine, the US Defense Department has announced plans to add several fighter jets to US aircraft squadrons based near Russian borders, in a move to embolden the Baltic states and Poland.Following NATO Secretary General Anders Fogh Rasmussen announcement that alliance officials would put “the entire range of NATO-Russia cooperation under review,” Pentagon head, Chuck Hagel, outlined plans on Wednesday to broaden military cooperation with Poland and the Baltic states, without elaborating on the details.An unnamed source told Reuters that the Pentagon plans to send six additional F-15 fighter jets, and a Boeing KC-135 refueling Stratotanker, to beef up the squadron of four F-15 currently flying air patrols over the Baltic states. NATO has been carrying out patrols in the Baltic states for the last 10 years.In Poland the US Air Force has a training squadron of F-16 fighters and Lockheed C-130 Hercules transport planes, and the same source said that more aircrafts might be added there.Earlier this week, President Vladimir Putin said that Russia’s military involvement in Ukraine would take place only as a “last resort.”“If we see this lawlessness starting in eastern regions, if the people ask us for help – in addition to a plea from a legitimate president, which we already have – then we reserve the right to use all the means we possess to protect those citizens. And we consider it quite legitimate,” he said.
The Crimean parliament has voted for the region to join Russia. The decision will only come in force if approved by the Crimeans at a referendum which will be held in 10 days.Crimean MPs voted on Thursday for the region to “to become part of the Russian Federation as its constituent territory,” says the text of the regional parliament’s statement.78 MPs said yes to Crimea joining Russia, while 8 abstained from voting.When the decision was announced to several thousand people waiting outside the parliament building, they, according to Itar-Tass, welcomed the news with cheers and screams of “Russia!”The parliament has also made a decision to ask the Russian leadership to “launch the procedure of Crimea becoming part of Russia.”The speaker of the Crimean parliament, Vladimir Konstantinov, explained that the parliament’s decision on the region joining Russia still has to be approved at a referendum, which has been scheduled for March 16. That’s two weeks earlier than announced last week.”We are not in a rush, but that’s what the current situation demands,” Konstantinov told Itar-Tass. ‘We are trying to address the sentiments currently shared by the population. Those are uncertainty and fear. We must give them confidence and offer a clear political way out of the crisis.”
Victoria Nuland (Noodleman) continued to be London’s go to hatched feminist and prime trouble maker in the region. Russia on Thursday dismissed as “primitive distortion of reality”, cynicism and double standards a U.S. Department of State fact sheet that called President Vladimir Putin’s comments on the crisis in Ukraine false.With the document titled “President Putin’s Fiction: 10 False Claims About Ukraine”, Washington has dropped diplomatic niceties and all but accused Moscow of lying about events in Ukraine.”It’s clear that in Washington, as before, they are unable to accept a situation developing not according to their templates,” Alexander Lukashevich, the Russian Foreign Ministry spokesman, said in a statement.The U.S. fact sheet, released on Wednesday as a response to Putin’s public comments the day earlier on the crisis in Ukraine, said the Russian president had ignored or distorted facts in “justifying Russian aggression in the Ukraine.”Putin said Russia reserved the right to use force in Ukraine as a last resort; that it was local self-defense groups, not Russian soldiers, who took control over Crimea; and that the new authorities in Kiev were not legitimate.Responding to the State Department’s highly unusual move, since it typically does not issue public statements that a foreign leader is being untruthful, the Russian ministry’s statement contained equally harsh rhetoric.”We will not come down to disputing low-grade propaganda,” it said. “Yet for another time, we are facing an unacceptable arrogance and claims to ultimate truth on the side of the United States.”
Hans Regling put a big smile/smirk on this man’s face today, notwithstanding the free fall in the EU markets that briefly occurred ,why would Draghi do anything radical ahead of EU elections with all the new found power he has garnered with Merkel’s gang strong-arming the High Court of Germany to allow OMTs, allowing him Bank regulatory power and to attack the non-profit German land bank systems to say nothing of the hidden perks the German Rothschilds give him for doing their bidding in Frankfurt. Even on risk-off days the EU peripheral bonds are surging even when Bunds are tanking. Regling is taking care of Goldman Sachs boy. All he has to do is put on a dog and pony show once a month. The last thing this guy wants is a bunch of hard money German economist from the AfD party breathing down his money printing neck.
The ECB left interest rates on hold and unveiled no other measures to bolster a fragile eurozone recovery, despite forecasting low inflation for years to come.ECB President Mario Draghi also described as “relatively limited” the benefits of one technical option for loosening lending conditions, suggesting the bank will either do nothing or else take bold policy action should the outlook deteriorate.The ECB left its main interest rate at 0.25pc, a move generally expected by markets, and held the deposit rate it pays banks for holding their money overnight at zero. Draghi said the latest economic information suggested recovery was on track and needed no extra push for now.
The lack of action was significant, since last month Draghi had signalled that by the March policy meeting the ECB would have enough information to judge the need for fresh stimulus.An ECB source had predicted before the meeting the ECB would agree to stop operations to soak up money spent on Greek and other countries’ bonds at the height of the euro crisis. But the ECB held off this option and Draghi played down the impact it would have.
Draghi said trade links to Russia/Ukraine were insufficient to risk to suggest major risks for the eurozone.But he described the growth impact on Russia as “severe”, and said “the geopolitical risks in the area could quickly become substantial and generate developments that are unforeseeable and potentially of great consequence”. Likely both the ESM/ECB /BOE /FED and their aligned Cartel banks were trying to crash the ruble today and drain Russia’s FX reserves.
Russian RTS Index on Thursday fell 1.5 percent to 1165.6 by 14:10 local time (10:10 GMT), and the MICEX Index fell 0.9 percent to 1338.9. Ten minutes later, MICEX fell 2.1 percent, and RTS 2.5 percent. Indexes went up in the morning, before the news came that Crimea’s parliament in Ukraine had decided to hold a referendum on March 16, on the question of whether the autonomous republic stays part of Ukraine or joins Russia. The Russian Central bank was said by Russian sources to have spent a lot of money today defending the currency on the news.
The European Commission yesterday released its in-depth review into macroeconomic imbalances, in which it called for “policy action” on the German current account surplus, but accepted that steps were being taken. The report also issued a stark warning to France and Italy over the need for significant economic reform to boost growth and meet the required deficit targets.
According to German government sources, Greece is hoping that eurozone countries will provide guarantees to investors buying Greek government bonds, possibly via the European Stability Mechanism (ESM), in order to return to the capital markets this year, reports Suddeutsche Zeitung. Ekathimerini reports that the IMF is seeking a greater role in the decision over how much capital Greek banks need, as it believes the ECB is being too lenient with them. Furthermore, there remain splits between the EU/IMF/ECB Troika and the Greek government over the amount needed by the banks.
Discussions between member states and MEPs are at a deadlock over the plans for a banking union and in particular the single bank resolution fund. Negotiations were called off last week but MEPs will present a compromise proposal to member states next week.
Writing on Conservative Home, Fresh Start co-chair Andrea Leadsom MP argues that while German Chancellor Angela Merkel “offered little in the way of concrete proposals for reform, [she] gave great hope to those, like me, that are seeking to change the EU to improve its competitiveness and flexibility. She explicitly acknowledged the need for change, and the need for the EU to be outward looking.”
Suddeutsche reports that 44,000 Bulgarians and Romanians received unemployment benefits in Germany in November 2013, an increase of 51% compared to the previous year, while the number in employment increased by 24% to 137,000. The paper cites a labour market expert claiming that this is due to both long-term residents acquiring benefits and low-skilled new migrants requiring top-up credits.
According to a leaked report from the European Commission to the German government, seen by FAZ, serious disagreements remain between the EU and US over how far to reduce tariffs in the TTIP (called TAFTA in USA) negotiations. The Commission views the American offer of tariff reduction as “disappointing” and upcoming negotiations on tariffs will only restart “when more balanced offers are available”.
City AM reports that Lloyds and Barclays have unveiled plans to pay their top staff new allowances, topping up their salaries in order to circumvent the planned introduction of the EU’s cap on bankers’ bonuses. The FT notes that Barclays, HSBC, RBS and Standard Chartered have all claimed to have lost or will lose staff to higher paying rivals due to the new EU rules.
According to a new TNS Sofres poll for Le Figaro, only 17% of French trust President François Hollande – a new record low and a 5% decrease since the beginning of the year.
European Voice reports that EU finance ministers will discuss a proposal for greater sharing of tax information at their meeting next week, although Luxembourg and Austria remain opposed to the idea.
The BBC reports that an EU directive that says that a bank must have its head office “in the same member state as its registered office” could mean Royal Bank of Scotland and Lloyds would be forced to move their registered offices or legal homes to London if Scotland becomes independent.
-USA economic Summary
The January Factory Orders report showed orders falling for the second consecutive month, although the January decline of -0.7% was a sight better than the revised -2.0% decline in December. Note that the final reading of the January durable goods orders data revised the decent-looking ex-transport component lower from +1.1% to -0.2%.
The weekly data was relatively un-massaged by the BLS
(US) Feb Challenger Job Cuts: 41.8 v 45.1K prior; Y/Y: -24.4% v +11.6% prior
(US) Mar RBC Consumer Outlook Index: 51.8 v 50.4 prior
(US) Q4 Final Nonfarm Productivity: 1.8% v 2.2%e; Unit Labor Costs: -0.1% v -0.5%e
(US) Initial Jobless Claims: 323K v 336Ke; Continuing Claims: 2.907M v 2.97Me
(US) Jan Factory Orders: -0.7% v -0.5%e
(US) Weekly EIA Natural Gas Inventories: -152 bcf v -135 to -140 bcf expected range
(CA) Canada Jan Building Permits M/M: 8.5% v 1.7%e
(CA) Canada Fed Ivey Purchasing Managers Index: 57.2 v 53.1e; PMI Unadj: 57.8 v 53.6 prior
(MX) Mexico Jan Leading Indicators M/M: -0.1 v 0.0 prior
(BR) Brazil Feb Commodity Price Index M/M: 4.27% v 1.4% prior; Y/Y: 14.02% v 6.1% prior
(CL) Chile Jan Real Wage M/M: 0.7 v 0.6% prior; Y/Y: 2.7 v 2.4% prior
-Late EU Economic summary and Closing Prices
French conglomerate Bouygues SA reached a deal to acquire Vivendi SA’s French telecommunications unit SFR for €10.5 billion, in what analysts say will accelerate consolidation in the French telecom sector and set off a bidding war.
(EU) ECB left its Main Refi Rate unchanged at 0.25%, as expected
(DE) Germany Jan Factory Orders M/M: 1.2% v 0.9%e; Y/Y: 8.4% v 7.5%e
(UK) Bank of England (BOE) left both Interest Rates and Asset Purchase Target (APT) unchanged at 0.50% and £375B respectively, as expected
|UK: FTSE 100||6788.49||13.07||0.19%|
|France: CAC 40||4417.04||25.79||0.59%|
|Stoxx Europe 600||337.28||0.22||0.07%|
-You can’t fire Goldman Sachs , at least when they take the fall…
Former Goldman Sachs vice president Fabrice Tourre’s new job at the University of Chicago evaporated — and then came back.
University of Chicago, aka Rockfeller /Rothschilds U
The former executive, who was convicted of six counts of securities fraud last summer in a civil suit with the Securities and Exchange Commission, was to have become an honors undergraduate economics teacher at the prestigious school, but the university changed it’s mind and then reversed itself, according to media reports.The former bond trader will be allowed to teach after all “as part of his Ph.D. requirements,” the university announced.The school had previously stated: “As preparations continue for the spring quarter, Fabrice Tourre will no longer be assigned as an instructor for Honors Elements of Economic Analysis in the College. Instead he will be able to fulfill the teaching requirements for his Ph.D. program through opportunities in his department’s graduate-level curriculum.”
We have had some of the strangest trading I can every recall in the DAX/EU equity and EU bond markets, including some major market discontinuity as the ESM/ECB lost control of the tape and some large automated or manual futures buys of the DAX propped the markets up in Europe as the DAX went into free fall, which I jumped on.
I offset my DAX short, by buying a DAX long at the market open, but the MM did not give me a break. I dumped it ahead of the ECB rate announcement and bumped my short.When evil Zionist trolls like Hollande start phoning in the employment number to the INSEE it’s time to sell.
In the USA despite some horrid earning announcements ahead of the bell from Costco and Staples, I purchased the DIA at the market open and just unloaded that (probably too early) in order to focus on bumping my short as the SP looks for new highs. Dudley is flapping his gums with the shill at the WSJ this morning trying to pump the markets up and blame the weather.
|Japan: Nikkei 225||15134.75||237.12||1.59%|
|Stoxx Europe 600||337.54||0.48||0.14%|
|UK: FTSE 100||6795.58||20.16|
Rustam Temirgaliev, the Crimean vice premier, about the status of non-Russian forces in the region:
The only lawful armed force on the territory of the Crimea is the Russian armed forces. Armed forces of any third country are occupiers. The Ukrainian armed forces have to choose: lay down their weapons, quit their posts, accept Russian citizenship and join the Russian military. If they do not agree, we are prepared to offer them safe passage from the territory of Crimea to their Ukrainian homeland.
The referendum called for March 16 will offer voters two options: unifying with Russia as a new region of the Russian Federation, or restoring the 1992 Crimean constitution and remaining in Ukraine as an autonomous region. The second option seemed, until this morning, to be the Kremlin’s preferred course of action. It would have left Russia in de facto control without being accused of annexation, and it is much easier to sell to the Crimean public. The militant Tartar leadership has already said they will not recognize the results of the referendum – and it goes further and faster than anything the Kremlin has done in this field before. Despite recognizing South Ossetia and Abkhazia after winning a war against Georgia in 2008, Russia never formally annexed them or made them regions of the federation, preferring them as buffer states.
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council.
Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged. Incoming information confirms that the moderate recovery of the euro area economy is proceeding in line with our previous assessment. At the same time, the latest ECB staff macroeconomic projections, now covering the period up to the end of 2016, support earlier expectations of a prolonged period of low inflation, to be followed by a gradual upward movement in HICP inflation rates towards levels closer to 2%. In keeping with this picture, monetary and credit dynamics remain subdued. Inflation expectations for the euro area over the medium to long term continue to be firmly anchored in line with our aim of maintaining inflation rates below, but close to, 2%.
Regarding the medium-term outlook for prices and growth, the information and analysis now available fully confirm our decision to maintain an accommodative monetary policy stance for as long as necessary. This will assist the gradual economic recovery in the euro area. We firmly reiterate our forward guidance. We continue to expect the key ECB interest rates to remain at present or lower levels for an extended period of time. This expectation is based on an overall subdued outlook for inflation extending into the medium term, given the broad-based weakness of the economy, the high degree of unutilised capacity and subdued money and credit creation.
We are monitoring developments on money markets closely and are ready to consider all instruments available to us. Overall, we remain firmly determined to maintain the high degree of monetary accommodation and to take further decisive action if required.
Let me now explain our assessment in greater detail, starting with the economic analysis. Real GDP in the euro area rose by 0.3%, quarter on quarter, in the last quarter of 2013, thereby increasing for three consecutive quarters. Developments in survey-based confidence indicators up to February are consistent with continued moderate growth also in the first quarter of this year. Looking ahead, the ongoing recovery is expected to proceed, albeit at a slow pace. In particular, some further improvement in domestic demand should materialise, supported by the accommodative monetary policy stance, improving financing conditions and the progress made in fiscal consolidation and structural reform. In addition, real incomes are supported by lower energy prices. Economic activity is also expected to benefit from a gradual strengthening of demand for euro area exports. At the same time, although unemployment in the euro area is stabilising, it remains high, and the necessary balance sheet adjustments in the public and private sectors will continue to weigh on the pace of the economic recovery.
This assessment is also broadly reflected in the March 2014 ECB staff macroeconomic projections for the euro area, which foresee annual real GDP increasing by 1.2% in 2014, 1.5% in 2015 and 1.8% in 2016. Compared with the December 2013 Eurosystem staff macroeconomic projections, the projection for real GDP growth for 2014 has been revised slightly upwards.
The risks surrounding the economic outlook for the euro area continue to be on the downside. Developments in global financial markets and in emerging market economies, as well as geopolitical risks, may have the potential to affect economic conditions negatively. Other downside risks include weaker than expected domestic demand and export growth and insufficient implementation of structural reforms in euro area countries.
According to Eurostat’s flash estimate, euro area annual HICP inflation was 0.8% in February 2014, unchanged from the (upwardly revised) outcome for January. While energy prices fell more strongly in February than in the previous month, increases in industrial goods and services prices were higher than in January. On the basis of current information and prevailing futures prices for energy, annual HICP inflation rates are expected to remain at around current levels in the coming months. Thereafter, inflation rates should gradually increase and reach levels closer to 2%, in line with inflation expectations for the euro area over the medium to long term.
This assessment is also broadly reflected in the March 2014 ECB staff macroeconomic projections for the euro area, which foresee annual HICP inflation at 1.0% in 2014, 1.3% in 2015 and 1.5% in 2016. In the last quarter of 2016, annual HICP inflation is projected to be 1.7%. In comparison with the December 2013 Eurosystem staff macroeconomic projections, the projection for inflation for 2014 has been revised slightly downwards. In view of the first publication of a three-year projection horizon in the March 2014 ECB staff macroeconomic projections, it should be stressed that the projections are conditional on a number of technical assumptions, including unchanged exchange rates and declining oil prices, and that the uncertainty surrounding the projections increases with the length of the projection horizon.
Regarding the Governing Council’s risk assessment, both upside and downside risks to the outlook for price developments are seen as limited and are considered to be broadly balanced over the medium term.
Turning to the monetary analysis, data for January 2014 confirm the assessment of subdued underlying growth in broad money (M3) and credit. Annual growth in M3 increased to 1.2% in January, from 1.0% in December. The monthly inflow to M3 in January was substantial, compensating for the strong outflow in December. The increase in M3 growth reflected a stronger annual growth rate of M1, which rose to 6.2% from 5.7% in December. As in previous months, the main factor supporting annual M3 growth was an increase in the MFI net external asset position, which continued to reflect the increased interest of international investors in euro area assets. The annual rate of change of loans to the private sector continued to contract. The annual rate of change of loans to non-financial corporations (adjusted for loan sales and securitisation) was -2.9% in January, unchanged from December. Weak loan dynamics for non-financial corporations continue to reflect their lagged relationship with the business cycle, credit risk and the ongoing adjustment of financial and non-financial sector balance sheets. The annual growth rate of loans to households (adjusted for loan sales and securitisation) stood at 0.2% in January 2014, broadly unchanged since the beginning of 2013.
Since the summer of 2012 substantial progress has been made in improving the funding situation of banks. In order to ensure an adequate transmission of monetary policy to the financing conditions in euro area countries, it is essential that the fragmentation of euro area credit markets declines further and that the resilience of banks is strengthened where needed. This is the objective of the ongoing comprehensive assessment by the ECB, while a timely implementation of additional steps to establish a banking union will further help to restore confidence in the financial system.
To sum up, the economic analysis confirms our expectation of a prolonged period of low inflation, to be followed by a gradual upward movement towards levels of inflation closer to 2%. A cross-check with the signals from the monetary analysis confirms the picture of subdued underlying price pressures in the euro area over the medium term.
As regards fiscal policies, the ECB staff macroeconomic projections indicate continued progress in reducing fiscal imbalances in the euro area. The aggregate euro area general government deficit is expected to have declined to 3.2% of GDP in 2013 and is projected to be reduced further to 2.7% of GDP this year. General government debt is projected to peak at 93.5% of GDP in 2014, before declining slightly in 2015. Looking ahead, euro area countries should not unravel past consolidation efforts and should put high government debt ratios on a downward trajectory over the medium term. Fiscal strategies should be in line with the Stability and Growth Pact and should ensure a growth-friendly composition of consolidation which combines improving the quality and efficiency of public services with minimising distortionary effects of taxation. National authorities should also continue with the decisive implementation of structural reforms in all euro area countries. These reforms should aim, in particular, to make it easier to do business and to boost employment, thus enhancing the euro area’s growth potential and reducing unemployment in the euro area countries. To this end, the Governing Council welcomes the European Commission’s communication of yesterday on the prevention and correction of macroeconomic imbalances and on the Excessive Deficit Procedure. Looking ahead, it is key that the macroeconomic surveillance framework in the euro area, which was significantly strengthened in the wake of the sovereign debt crisis, is implemented fully and in a consistent manner.
We are now at your disposal for questions.
-Here’s a snapshot from the Brussels summit.
David Cameron speaks with Ukraine’s prime minister, Arseniy Yatsenyuk (Yat the Yid), at the EU summit in Brussels.
-Blowhard Draghi is starting to jawbone the market up
- (US) Fed’s Plosser (hawk, voter) reiterates weather impacting data and making it hard to read; backs his current forecasts
The number of people who applied for U.S. unemployment benefits fell by 26,000 to 323,000 in the week ended March 1, marking the lowest level since late November, the Labor Department said Thursday. Economists surveyed by MarketWatch expected claims to total 335,000 on a seasonally adjusted basis. Like other economic reports, claims have been distorted by a harsh winter . Two weeks ago, claims jumped to their highest level since mid-December. Bad weather deterred some people from filing or caused a backlog because state governments were temporarily closed. A better way to gauge the trend in claims is the four-week average that reduces the effects of weather and other unusual factors. The monthly average posted a much smaller decline of 2,000 to end up at 336,500, and it’s shown little change in 2014. Also, the government said continuing claims decreased by 8,000 to a seasonally adjusted 2.91 million in the week ended Feb. 22. Continuing claims reflect the number of people already receiving benefits. Initial claims from two weeks ago, meanwhile, were revised up to 349,000 from 348,000. MW
There was a surreal buy down by the hidden hand in the EU periphery yields, rigged bond (ESM/ECB) auctions in Spain and France, and markets opened up and stayed up through the BOE/ECB rate decision to hold. We await the ECB conference call and Draghi’s statement which starts in around five minutes. FTSE MIB highest level since mid 2011, while Stoxx600 hits highest level since 2008. I bumped my DAX short slightly into the EU-phoria. The ‘unexpected’ decent French unemployment number we saw ahead of opening was impacted by a ‘new methodology’ and was largely ignored by FX markets which discerned rightly it was not a ‘real’ improvement in the French unemployment situation. Hollande as the NYT article and recent developments showed is a nasty evil little man.
(CZ) Czech Q4 Preliminary GDP Q/Q: 1.9% v 1.6% advance; Y/Y: 1.3% v 0.8% advance
(HU) Hungary Jan Preliminary Industrial Production M/M: +3.1% v -1.8% prior; Y/Y: 6.1% v 5.0%e
(SE) Sweden Feb Average House Prices (SEK): 2.003M v 2.245M prior
(NL) Netherlands Feb CPI M/M: +0.4 v -0.2% prior; Y/Y: 1.1% v 1.4% prior
(NL) Netherlands Feb CPI EU Harmonized M/M: 0.6% v 1.0%e; Y/Y: 0.4% v 0.8%e
Financials [Aviva AV.UK +7% (FY profits rose y/y, raised dividend), Banca Montei Paschi BMPS.IT +5% (stake sale speculation), Schroders SDR.UK +5% (FY profits above ests), Man Group EMG.UK +3% (stock buyback)]
Consumer Discretionary [Prisa PRS.ES +16% (asset sale speculation), Aggreko AGK.UK +8% (FY results above ests), Bureau Veritas BVI.FR +8% (FY profits rose y/y, raised dividend), Moncler MONC.IT +3% (index addition), Air Berlin AB1.DE +3% (Feb traffic rose y/y), Betfair BET.UK +2% (raised outlook); Axel Springer SPR.DE -4% (FY profits below ests), JC Decaux DEC.FR -2% (Headline profits below ests), RTL Group RTL.BE -2% (FY sales below ests)]
Industrials [Bouygues EN.FR +8% (confirmed offer for SFR), Manz AG +3% (swung to FY profit, index addition); Balfour Beatty BBY.UK -8% (FY profits declined y/y), IMI IMI.UK -5% (cautious outlook)]
Basic Materials/Resources [Wacker Chemie WCH.DE +3% (broker commentary), Vedanta Resources VED.UK +3% (CEO change); Avocet Mining AVM.UK -10% (reported FY loss), Kloeckner KCO.DE -2% (Q4 results below ests)]
Healthcare [Merck KGAA MRK.DE -4% (cautious outlook)]
Telecom [Orange ORA.FR +6% (Q4 results), Inmarsat ISAT.UK +4% (raised dividend); Deutsche Telekom DTE.DE -3% (Q4 EBTIDA below ests)]
Technology [Logitech LOGN.CH +5% (raised outlook, announced buyback); Imagination Technologies IMG.UK -6% (lowered outlook)]
Energy [Faroe Petroleum FPM.UK +10% (oil/gas discovery)
Stoxx50 sectors [Telecom +0.8%, Financials +0.7%, Consumer Cyclical +0.4%, Industrials +0.3% , Energy +0.2%, Consumer Non-Cyclical +0.1%, Technology +0.05%; Utilities -0.2%, Basic Materials -0.1%]
|UK: FTSE 100||6792.28||16.86||0.25%|
|France: CAC 40||4422.55||31.30||0.71%|
|Stoxx Europe 600||338.37||1.31||0.39%|
(EU) According to Basel Committee bank capital shortfalls at 102 top banks under Basel III now €57.5B, down nearly half from prior results
(EU) Focus on ECB meeting and conference call with potential big day for euro bears if ECB delivered significant policy easing measures
(DE) European Commission: Germany’s significant trade imbalance (heavier on exports) is a threat to the whole European economy; Need to grow domestic demand – Deutsche Welle
(DE) Kloeckner, fails to meet estimates, though promises to resume dividend in 2015; expecting stronger results in FY14
(FR) France Q4 ILO much stronger than expected but chatter that it may be influenced by new methodology, EUR/USD initially un-excited.
(DE) Deutsche Telkom records net loss, Rev beats expectations. Sees FY14 Rev a little higher, FCF down y/y
(UK) Feb Halifax house prices come in significantly higher than estimates and over 1% higher than prior month’s reading.
(GR) If followed through could be a big negative for Greek industrials. European Commission concerned that Greece’s plan to offer discount on electricity bills may be a form of a state subsidy, could take action to stop it – Greek press
(ES) Spain to create €30B fund for banks’ corporate loans – Spanish Press
(IT) Banca Monte Paschi de Siena, shares halted after rising over 5% due to report in Italian press that Fondazione sold 8% stake to Och-Ziff. When they resume +9%
(HU) Hungary Econ Min Varga affirms 2014 macro projects
(UR) Central bank has been approved to buy bonds as a temporary measure to support liquidity. EU Leaders convene to go over Ukraine situation; Crimea will vote Sunday on staying as part of Ukraine or as part of Russia.
(EU) ECB €149M borrowed in overnight loan facility vs. €837M prior; €27.3B parked in deposit facility vs. €27.9B prior – Daily Eurosystem Liquidity Conditions
(FR)France had good results selling €7.99B v €7.0-8.0B indicated in its 2022,2024 and 2027 Oats offering. Yields were lower, biggest drop on the 2022 (1.86% v 1.94% prior, which also had the largest jump in bid-to-cover (3.61x v 3.10x prior)
(ES) Spain had solid results selling €5.004B, slightly higher than indicated in 2017, 2019 and 2024 bonds, all average yields were significantly lower and bid-to-covers higher.
|German 10 Year||-12/32||1.647|
|France 10 Year||-13/32||2.215|
|Italy 10 Year||-8/32||3.400|
|Spain 10 Year||-2/32||3.365|
|U.K. 10 Year||-10/32||2.756|
|U.S. 10 Year||-2/32||2.715|
(CN) Smoke from the property bubble? China’s largest property developer Vanke fails to meet expectations for FY13 (higher y/y), sees prices overheating in some cities in 2014.
-BOE Holds (who cares about the satanic Isle?)
The Bank of England kept interest rates unchanged on Thursday, seeking to give the economy more time to build before removing its stimulus.The BOE left its Bank rate at 0.5 percent, where it has stood since March 2009.The Monetary Policy Committee also said it would reinvest 8.1 billion pounds of proceeds from government bonds the Bank bought through its quantitative easing program and which are due to mature in March. BOE held its current QE of 375 billion pounds.
-USA imposes Sanctions on Ukraine
President Barack Obama has signed an executive order that authorizes sanctions on individuals who threaten the sovereignty of Ukraine, the White House announced Thursday. The State Department has also put in place visa restrictions on a number of officials tied to what the U.S. calls the invasion of Crimea by Russia. A spokesman said the U.S. is prepared to consider addition steps and sanctions “as necessary.” The statement reiterated that the White House is seeking a diplomatic solution to de-escalate the crisis. The move comes as Crimea’s parliament voted to join Russia and set a referendum on the move for March 16
-Crimean Parliament votes to Join Russia. Referedum in 10 days
The European Central Bank on Thursday left its key lending rate unchanged at 0.25%. It made no changes to other official rates, which left the deposit rate at 0% and the marginal lending facility rate at 0.75%. ECB President Mario Draghi’s monthly news conference will begin at 8:30 a.m. Eastern. The euro /$ spiked to an intraday high of $1.3762 in the wake of the decision. EU stock indices were little changed in the wake of the slightly unexpected decision.
Link to Draghi Webcast
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.25%, 0.75% and 0.00% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.
MI6 has geared down its terrorist apparatus wrt to the Ukraine today, including telling its global press whores from the Ft to the DT to BBC to MSNBC to tone it down. Lets hope it is not the lull before the first Nuke.
It’s Putin’s move today. The West came up empty ex the Nukes/EM weapons from Cheney idea and his gang to take out Russia and Iran in one fell swoop.
The EU and its lackey the USA has egg on its face wrt to the false flag sniper Baroness Ashton did not want Brussels to investigate. That gives Putin/Lavrov a big lever as the West has been exposed as backing ruthless cop killers if not hiring them.
Putin as well has backed off his people in the Ukraine.
-Rothschilds/Windsors /Rockefeller starts Payroll Machine up for Bernanke
Former Federal Reserve Chairman Ben Bernanke’s reported $250,000 for a speech in Abu Dhabi on Tuesday puts him in rarefied air of public speakers, experts said.With one speech, Bernanke exceeded his $199,700 annual salary as Fed chairman in 2013.Former President Bill Clinton is said to receive more for a speech. Hillary Clinton is close, pulling down a reported $200,000 for each appearance. Tony Blair, the former British prime minister, is also said to receive hefty speaking fees. MW
-Europe Pre Opening
(EU) Zionist Blowhard is up
Reuters insider reported on Wednesday that the central bank is getting ready to loosen lending conditions by ending the so-called sterilization of bond purchases under the Securities Markets Program. This would effectively mean putting 175 billion euros ($250 billion) of additional funds into the euro-zone financial system, which could help drive down interbank-lending rates and help banks pass their stress test.
The decision is due at 12:45 p.m. in GMT, or 7:45 a.m. Eastern Time, with ECB President Mario Draghi taking his seat for the press conference at 1:30 p.m GMT
(UK) The Bank of England also speaks up on monetary policy on Thursday, with its decision out at noon in London. Overall, economists agree nothing much will happen at this meeting. English Press
(FR) INSEE said that French Unemployment Rate fell to 10.2%, from 10.9% in the preceding month.Analysts had expected French Unemployment Rate to rise to 11.0% last month.Analysts had expected French Unemployment Rate to rise to 11.0% last month.
(SG) Police rule death in Bitcoin CEO ‘unnatural’
Some are asking if more than bad weather is to blame-FT
(UK)Investors see Jenkins as weak and rattled in newspaper interview-FT
(UK) Scots warned by big Oil they like their deals with London threaten to pull out of Scotland and still be given Scottish drilling rights. Bankrupt City of London Step child Barclays also threatens. DT
(UK) Greedy English Gold pirates getting desperate. Oxford Boy Mugabe only has $500 of gold coins left in Treasury. London looting completed. DT.
(RU) Putin and Sanctions
(EU) Europe Stress by Bank Stress Test
The Nikkei225 is outperforming among the regional indices, and JPY is on the back foot, after a report from Japan Govt Advisory Panel recommended that GPIF (Japan’s largest pension fund) be less focused on JGBs, paving the way to a more aggressive investment in equities. Advisory panel citing Japan making more pronounced progress in emerging out of deflation as the reason for the re-weighting. The 10 year JGB got hit for 8/32 on the price.
Gains were more subdued in China as the PBOC continued on its campaign to drain liquidity and get its shadow banking system under control. PBOC Dep Gov Pan emerged to soothe investors’ worries over weakness in the Yuan, reiterating previously expressed PBOC position that two-way volatility is normal. China’s finance minister Lou and also a state researcher backtracked from what the markets interpreted as an affirmed 7.5% 2014 GDP target overnight, suggesting the 7.2-7.3% would still be in the neighborhood of intended estimate. NPC saw the 7.5% objective as “elastic”, giving policymakers some wiggle room later in the year if economic reform in credit and environment required a softer goal. IBM/Lenovo factory workers strike in China.
When Chinese Premier Li Keqiang delivered his “working report” address to yesterday’s opening of the National People’s Congress, it was the economic targets that hogged most of the attention.But some of the policy directives are arguably more interesting:China will give special treatment to 4G telecoms and e-commerce.China will cut production of steel, cement and plate glass.China will add more free-trade zones in some cities in the interior.China will bring broadband to the villages. China’s gearing up to fight the west toe to toe in the information age.
China is about to face its own “Bear Stearns moment,” when the market started to seriously reassess subprime debt risk after the U.S. lender was bailed out in 2008.
A small loss-making solar company in Shanghai warned Wednesday that it is unlikely to meet a Friday deadline for an annual interest payment owed to investors, which would make it the country’s first-ever domestic bond default and possibly the first of many to come. The PBOC and Chinese govt is seen as likely to allow the default to happen due to the relatively small size and see the knock-on effect in the shadow banking system. We doubt the financial system in China will experience a liquidity crunch immediately because of this default, but we think the chain reaction will probably start,” Bank of America Merrill Lynch strategists David Cui, Tracy Tian and Katherine Tai wrote in a note, adding that during the global financial crisis it took a year to “to reach the Lehman stage,” when investors began to panic and shadow banking froze.However, they assess that “it may take less time in China” as the market is less transparent.Shanghai Chaori Solar Energy Science & Technology Co. announced in a stock market filing that “due to various uncontrollable factors,” the company may not be able to make an 89.8 million yuan ($14.6 million) interest payment in full on March 7. The maker of energy cells to convert sunlight into power plans to pay 4 million yuan to bondholders.Chaori Solar sold 1 billion yuan of five-year notes called the “11 Chaori Bond” in March 2012 with a variable annual coupon, starting at 8.98 percent. Annual interest is due on March 7 every year. Investors have the right to sell the bonds back to the company at par in March 2015.Chaori Solar encountered significant losses and financial difficulties over the past three years, as the whole solar power industry in China experienced a serious overcapacity problem and falling prices for photovoltaic cells, while the government has been embroiled in a trade war with the U.S. and the EU.“Overcapacity in the Chinese solar industry resulting from cheap financing and excessive local government support has led to sharp price fall in solar materials between 2009 and 2012,” Bank of America solar analyst Robin Cheng said in a note. “Since 2012, the Chinese government has been sending signals to the market that it would stop funding unprofitable players and encourage consolidation.”The bond is listed on the Shenzhen Exchange, but trading was suspended in July 2013 after Chaori Solar experienced two consecutive years of losses. Chaori Solar on Friday reported a net loss of 1.33 billion yuan for 2013, its third straight annual earnings deficit.Last year, Chaori Solar narrowly avoided a bond default after a local government in Shanghai persuaded banks to defer claims for overdue loans, which enabled the company to meet interest payments.Some Chaori Solar bondholders plan to complain to the Shanghai Fengxian local government and “express their anger” at its not aiding the company, the 21st Century Business Herald reported.
Australia was in the headlights in terms of economic data after a much higher than expected GDP yesterday. Retail sales growth hit an 11-month high pace, while trade surplus came in at a 2-year high. Exports saw a solid 4% m/m increase but imports growth slowed 1%. The trade surplus was a function of less goods coming into the economy, as shipments to China fell 12.5% m/m and exports of iron ore were down nearly 10%.
In the Ukraine the USA political elites , WASP former Sec State Hillary Clinton and Jew Tom Friedman of the NYT outlined the CFR/Royal Institute of International Affairs (aka Chatham House) strategy to topple Putin by corrupting the youth morally and sending USA subsidized NG to the Ukraine. Something 3-5 years away. John Kerry emerged from talks with Russian FM Lavrov and called them ‘ hard tough stuff’. Russian Foreign Minister Sergei Lavrov says discussions will continue in the coming days. Mr Kerry met Mr Lavrov and counterparts from the UK, Germany and France on the sidelines of a long-planned conference on Lebanon in Paris. The USA failed to entice Russia to sit down and talk with the current Ukraine puppet govt as one would expect.
Merkel issued threats against Putin, telling him he had little time to come to heel through her effeminate spokesperson. NATO spies in the form of NATO/Western Observers are descending on the Crimean as the ZGR types. NATO chief Anders Fogh Rasmussen said there will be a “full review” of NATO-Russian co-operation.
EU leaders are holding a summit today to decide their response to Russia’s response to the Merkel/Cameron/Windsor/Rockefeller/Rothschilds overthrow of a corrupt, but legitimate govt, with snipers they likely hired to shoot both police and their own patsies, if you can believe how far distanced from reality Merkel and Cameron are. Former Sec of State Robert Gates, affirmed ,as we all well know that Merkel is more or less the delusional one, if she thinks Putin is not connected to reality. Remind me who made her Queen of Europe, oh, yes Herr Rothschilds the same family that likely gave us her father, Adolph.
It remains to be seen if Obama gang keep the Anglozionist war mongers and the Pentagon, many whom are eager to try out new weapon systems, from first striking Russia and probably Iran as well, given Bibi’s recent speech, with nukes and energetics/EM weapons. Paul Craig Roberts is not being dramatic that the end may be sooner than you think. Washington DC is inhabited by demons like Cheney, Wolfowitz and Perl working the ‘dark side’ for their London bosses. This is far more severe than the Cuban Missile Crisis. It’s regrettable the USA has such a weak and ineffective and compromised POTUS as London wanted.
(JP) JAPAN FEB TOKYO AVERAGE OFFICE VACANCIES: 7.0% V 7.2% PRIOR
(JP) Japan MoF sells ¥554.6B in 1.7% (1.7% prior) 30-yr notes; Avg yield: 1.635% v 1.587% prior; Bid to cover: 4.28x v 3.43x prior
(JP) Japan investors sold ¥759B (1st week of net sales in 3 weeks) in foreign bonds last week vs bought net ¥598.8B in prior week
(CN) China Qinhuangdao coal price falls to CNY540-550/t (8th consecutive decline; lowest since early No
(CN) PBOC to drain CNY43B in 14-day repos and CNY50B in 28-day repos (6th consecutive drain); Drains net CNY70B this week v drained CNY160B prior (4th week of net drain)
(AU) AUSTRALIA JAN TRADE BALANCE: A$1.4B V A$100ME (2-year high)
(AU) AUSTRALIA JAN RETAIL SALES M/M: 1.2% V 0.4%E (11-month high)
(AU) Australia Feb Port Hedland exports: 27.8M tons v 28.2M prior; Exports to China 21.3M tons v 23.3M m/m
(NZ) NEW ZEALAND FEB QV HOUSE PRICES Y/Y: 9.3% V 9.6% PRIOR; Values +1.8% in the past 3 months
|Japan: Nikkei 225||15147.73||250.10||1.68%|
|S&P BSE Sensex||21371.97||95.11||0.45%|
|UK: FTSE 100||6775.42||-48.35||-0.71%|
|Australia 10 Year||-10/32||4.114|
|China 10 Year||0/32||4.550|
|India 10 Year||7/32||8.803|
|Japan 10 Year||-8/32||0.623|
|German 10 Year||0/32||1.608|
|U.S. 10 Year||0/32||2.708|
(US) FED’s Fisher (hawk, voter): Seeing more signs QE3 overstayed its welcome; Reiterates full support for Fed taper
(US)FED’s Williams (dove, non-voter): Prefers for rates to remain unchanged until mid-2015; Sees GDP above trend growth at 2.5-3.0%; Unemployment will only return to normal 5% in late 2015.
(US) The Obama administration further postponed a provision of the Affordable Care Act on Wednesday, the latest in a series of changes that have delayed or pared back the health overhaul by 2 years.
(US)The group that runs the SAT college-entrance test is shaking up its format, its scoring—returning to the 1600-point scale from 2400—and potentially the $1 billion test-prep industry
SWY: Private-equity firm Cerberus Capital Management is working to sew up a more-than $9 billion deal to buy Safeway this week, though its efforts to do so have been complicated by supermarket giant Kroger.
GM:A federal probe into why General Motors took nearly 10 years to recall cars with a potentially deadly defect in the ignition switch heated up on Wednesday.
Sbarro LLC is preparing to file for bankruptcy protection as soon as next week, people familiar with the matter said. Private, large employer, Italian fast food
SGMO: Announces 1st clinical study of proprietary zinc finger nuclease (ZFN)-based genome editing technology in humans; +19.8% afterhours
TKMR: Receives Fast Track Designation from FDA for Its Anti-Ebola Viral Therapeutic; +9.6% afterhours
DRIV: Guides Q1 EPS lower, FY EPS slightly higher as a result of repurchases of $150M in convertible debt (approx 27% of market cap); +3.2% afterhours
SPTN: Reports Q3 $0.40 adj v $0.22 y/y, R$1.34B v $789.9M y/y; +3.1% afterhours
EVHC: Reports Q4 $0.20 v $0.17e, R$984.8M v $995Me; +1.0% afterhours
MPW: Announces Public Offering of 8M (5% of shares outstanding) Shares of Common Stock; -3.2% afterhours
BYD: Reports Q4 -$0.24 (adj) v -$0.24e, R$681.5M v $689Me; -4.0% afterhours
WX: Reports Q4 $0.53 v $0.46e, R$157.2M v $151Me; -4.6% afterhours
-Nasty Billionaire Jew Tom Friedman of the NYT gets his knife out for Putin and the American people.
The evil Jew Friedman wants to raise American gasoline taxes through the roof and sell it cheap to Europe to bring Putin down. Vicious evil antichrist. These Jewish oily-garchs are the enemy of the people of the world everywhere, starting with Tom Friedman of the NYT. It’s time to topple the Jewish billionaires that have America by the throat and try them for treason, and their WASP butt buddy billionaires sold out to England. Europe is crap. Its wealth and illusion built on the backs of Americans providing free security for the last fifty years of peace.
-Hillary Rockefeller wants to deploy American LNG as tool of war and deploy against Russia
Sure, kill America’s mfg revival so the Eurotrash can continue to live like Kings off the backs of the American people. There is a special place in hell for this Anglo-witch.
-Mercenary Nazi Thug Yarosh goes on Interpol warrant list
This was the guy slapping the lawyer around. His been a long time ally of the Muslims in destabilizing Russia, and is little more than a terrorist/insurgent. What a stinking bunch of thugs on the far right. Loons really. If he does not like Jews why is he backing the Jew Tymoshenko and her Jew Yat the Yid and in bed with Victoria Noodleman the Jew from the state department. He probably costs USA taxpayers a couple of million for his act. Just another Soros/Rothschilds parole.
-Western Scientist fake explanation for Man Made Earthquakes
‘new physics’. How about what is misnamed HAARP? The New EM used to generate earthquakes.
-Iraq returns as worlds fastest growing oil exporter
*Zionist Smirkel Continues to threaten Russia
* Who elected this War Monger and Zionist boot-licker Chuck Hagel
Secretary of Defense Chuck Hagel, promising to “stand with the Ukrainian people” in his testimony to the Senate Armed Services Committee, reported plans to step up US military involvement in the region, with increased aid to Poland and the Baltic States.
Hagel said the involvement would include expanded aviation training in Poland and increasing US involvement in “air policing missions” over the Baltic States of Latvia, Lithuania and Estonia.
All of these nations are NATO members, and several have stepped up calls for NATO action in retaliation for Russia’s deployments in Crimea, aimed at backing Crimean secession from the Ukraine.
Poland in particular has been calling for “article 4” consultations, claiming their own security is threatened by the deployment in Crimea, which is quite some distance from the Polish border.
NATO has reassured the nations of support in the extremely unlikely event of Russian attack, though the whole matter seems more rhetoric than anything, since Russia has shown no inclination toward military operations against them or any other NATO states.
*Anglosaxon Nutter Michelle Bachmann-American Jews sold out Israel
She’s a WASP , nee Amble, married to a ‘reformed’ homosexual German-Jew. I’m sick of the WASP misusing scripture for their Masonic/Zionist objectives. Nutty as a hoot owl. Former IRS.
-MI6/BND /CIA Agents /Moles fleeing Moscow ahead of first strike ?
Another RT news skank quits. Putin needs to dump the loser that hired these people. Like we don’t get enough anti-Russian hatred from the BBC/CNN/MSNBC.
1 William Broeksmit, a 58-year-old former senior executive for Deutsche Bank AG, was found dead in at home after apparently taking his own life in South Kensington in central London, on January 26
2 Karl Slym, the 51 year old Tata Motors managing director was discovered dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27
3 Gabriel Magee, the 39-year-old JP Morgan employee, whodied after plummeting from the roof of the JP Morgan European headquarters in London’s Canary Wharf on January 27
4 Mike Dueker, the 50-year-old chief economist of US bank Russell Investments was discovered dead near to the Tacoma Narrows Bridge in Washington State on January 31
5 Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead on February 4 after apparently shooting himself with a nail gun.
6 Tim Dickenson, who was a U.K.-based communications director at Swiss Re AG, died in late January, in as yet unexplained circumstances
7 Ryan Henry Crane, the 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago on February 3 at his home in Connecticut
8 Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong on February 19
9 James Stuart, the former National Bank of Commerce CEO was found dead in Scottsdale, Arizona on the morning of February 19. The cause of death has yet to be announced
-Real Jew News update on Ukraine
The Crimean does appear to be secure.
Or Send Your Contribution To:
The Brother Nathanael Foundation, PO Box 1242, Frisco CO 80443
WITHOUT A SHOT being fired, Putin has secured a thorough purge of Ukrainian authority from the Autonomous Republic of Crimea (ARC).
As home to Russia’s Black Sea Fleet in the port of Sevastopol, Putin can now be assured that his access to Egypt, Syria, and Iran—wherein his opposition to the agenda of the Jew-ruled West is bearing fruit—will not be compromised.
Contrary to reports by the Jew York Times, Putin NEVER “invaded” or “besieged” Ukraine.
It has been proven, ironically by the same Jew York Times, that Crimean “provisional armed forces” of the ARC and NOT Russian soldiers are the ones guarding sensitive infrastructure entities in the peninsula.
Indeed, the provisional army is made up of Crimea’s own home boys…in their apparently brand new uniforms bought from Russia.
As for Russian soldiers patrolling sensitive areas in Sevastopol and Crimea, CIA Director John Brennan briefed lawmakers today that Russia’s military movements in Ukraine is “permitted” under a 1997 treaty between the two neighbors that allows as many as 25,000 Russian troops in the Crimean region.
“The number of Russian troops that have surged onto the Ukrainian peninsula in recent days remains well below the 25,000 threshold,” Brennan affirmed.
The Crimean government, although it sacked the Kiev-based regional government, will remain part of Ukraine but will strengthen its autonomy as a “federated” republic.
Until the amended constitutional referendum is voted on at the end of March, Crimea remains a provisional autonomous government.
Here’s the lay of the geopolitical land in Ukraine:
1) With Putin upholding regional and international treaties;
2) With the Crimean government organizing its own Defense Ministry;
3) With Ukraine’s Navy Commander Berezovsky pledging an oath to the Crimean people;
6) With the EU unlikely to match the US in threatening sanctions against Russia;
7) With Odessa and two other southern Ukrainian capitals expressing willingness to become a part of the ARC…all that’s left for Putin to do is to put the screws on Kiev and his work is finished.
BOTTOM LINE: Kiev better make friends with Putin fast.
Better things are ahead for Ukraine with Christian Putin than with Christ-Crucifying Jews
-DM picks up story on Yat the Yid’s gang sniping Neo-Nazi /Right wing fighters in Ukraine
-Washington DC, every Satanic Demon not in London or Tel Evil inhabits that place
PCR is a Rhodes Scholar /Oxbridge Type, he knows London calls all the shots (they have all the money), but if he says that he likely will be vaporized, and of course Americans are partially to blame for supporting all these vile wars and loving their Pentagon, which turned against them on 911, more than God and the truth. I despise the Pentagon. Before 911, I was anti-war, after 911, I became anti-USA military. They were very involved in it, that was not a ‘Russian’ energetics weapon being tested on the WTC I/II.
Eurotrash could indeed be vaporized if the USA launches a first strike. I’m sure Berlin, run by a Jew, Paris run by an evil Jew, and London run by the Anglo-Jews, are on the ‘hit’ list Moscow has. What a punk in Poland. I can’t stand that thug Donald Tusk. Probably a LGBT.
Cheney (Rockefeller and Prince Charles dog of war) and the Bush family and the gang of Sabbatean LGBT Jews they run with are agitating for a first strike on Russia with energetics and likely nukes. I sure the USA has spaced based laser system probably powered by low power fusion reactors . Lots of crazies in Washington and London, lusting after ruling the world and putting Prince Charles up as Global world ruler.
Is Obama a JFK able to back them all down and negotiate a deal with Russia, or will he be over run by the evil Anglozionists like Scooter Libby, Wolfowitz, Richard Perl , John Bolton, Dick Cheney and the Rockefeller family and the Pentagon which is itching to test out its new energetics weapons and nukes and the war mongers in England like Prince Charles, Andrew, Philips, Mandelson, Rothschilds, Hague, etc.
The Pentagram of Washington DC has the power, but like in WW1, and WW2, the orders come from the English Throne, which is the Windsors-Rothchilds who can easily restrain their creation the mad dog Rockefeller family and Dick Cheney and their close Kin the Bush family.
The end could be nearer than you think — Paul Craig Roberts
March 3, 2014
The end could be nearer than you think
We are having trouble today with the website. I do not know if it is problems caused by the typical incompetence of US business enterprises, including those who host websites and have offshored American jobs to foreign countries, or whether it is National Stasi Agency induced. Certainly, the propagandistic US government does not want any truth available to compete with Washington’s systematic lies. Washington is desperate to control the explanation of the situation in Ukraine that, as a result of Washington’s incompetence, has resulted in Ukraine falling under control of neo-nazi elements, whose rabid anti-semitic and Russophobic actions and rhetoric have caused Ukraine to split in half. If you were unable to access my column today, use this URL:
Eastern and southern Ukraine are Russian-speaking former Russian territories added to Ukraine in the 1950s by the Communist Party leadership of the Soviet Union. These provinces are agitating to be returned to Mother Russia where they certainly belong. They are determined not to be part of a neo-nazi regime that will be looted by Western bankers and corporations and be forced to host US missile bases that will make western Ukraine a target for nuclear annihilation, like Poland and Czech Republic.
The propagandistic rhetoric issuing from the mouths of the White House Fool and the excrement that the Fool placed in charge of the Department of State is designed to cover up the abject failure of the Obama regime’s plot to install its puppets as Ukraine’s new rulers. The Obama regime is too stupid to comprehend that its rhetoric is preparing the gullible and ignorant American population for war with Russia. The neoconservative ideologues, who have been lusting for war with Russia ever since the 1980s when I was a member of the Committee on the Present Danger, will take advantage of the war preparation, which the White House Fool and his State Department excrement are creating with their rhetoric, to start a war that will destroy life on earth.
The neoconservatives are insane. They believe that nuclear war can be won, and that the US has the advantage to destroy Russia in a first strike.
Americans are so ignorant and gullible that they do not realize that their very existence is on the line, and that the insane neoconservatives who control the weak Obama puppet are determined to cross the line.
If any are still so gullible as to believe that the illegal deposing of the elected government of Ukraine was a “sincere indigenous revolt against a corrupt government,” the delusional should watch this video of the neo-nazi intimidating the US stooge who is a member of what Washington pretends is the government of Ukraine. https://www.youtube.com/watch?v=BV5Wm3qXfy4
Here is a video of the same nazi thug intimidating another collection of US stooges that Washington pretends is a government: https://www.youtube.com/watch?v=1oVsgJMqHNY
God help the American people. Their ignorance and gullibility make them an enormous threat to life on earth.
Yes, I know. I have readers who have escaped The Matrix. But the majority of the American population is lost.
War will be the result of the ignorance, gullibility, and stupidity of the American population, its prostitute media, and the hegemonic ambitions of the evil neoconservatives. The corrupt rulers of Europe will sell out their peoples for American money until they are all vaporized in nuclear explosions.
The total corruption of truth, integrity, and morality that Washington has imposed on the Western world has aligned the West with the powers of Darkness and death. No greater evil exists than the government of the United States.
-England, Paedo/Sodomite nation -The eternal sodomite love affair between England and Israel
No doubt the anti-Christ will be a Sodomite. Most of the English royals seem to prefer Trannies, often with a Penis, if the accounts of Wallis Warfield and Bonny King George are true. And we had the vomit inducing Ellen Degenerate pushing this sick garbage in Children’s faces. Its a form of paedophila, this LGBT activism. I have no problems if they keep it in the closet.
-Sarkozy’s evil Brother gets USA citizenship by getting hollywood skank and WASP pregnant
English mother, therefore ‘legal’ for Sarkozy to impregnate, according to the Talmud
-Hollandes moles take out Sarkozy
-Jewess Carla Bruni counting shekels she would make from the fame her ‘kept man’ made her as first lady
Mr Sarkozy then interrupts the jovial conversation, saying: ‘I tell you, my future is to run the cash register.’The embarrassing secret recordings highlight the greed of a couple who were notorious for their ‘bling bling’ lifestyle at the Elysee Palace.
Julia Roberts evil WASP , Carla Bruni evil Sephardic Jew, what difference? Crazy greedy British-Israel cult loons.
-Rolls Royce probed in USA over bribery Charges- They rig and steal everything in London!!
Rolls-Royce is being investigated by the US Department of Justice (DoJ), following allegations that its executives bribed officials in Indonesia, China and India in order to win lucrative contracts.The British engineering giant has been under scrutiny by the Serious Fraud Office for some time, but on Wednesday admitted that the DoJ was also probing the company.“The group is currently under investigation by law enforcement agencies, primarily the Serious Fraud Office in the UK and the US Department of Justice,” it said in its annual report. “Breaches of laws and regulations in this area can lead to fines, penalties, criminal prosecution, commercial litigation and restrictions on future business.”The engineering business added in a subsequent statement that the DoJ has yet to ramp its enquiries up into a full-blown formal investigation, as the SFO did two months ago, but the news was enough to rattle investors. Shares in the company were trading up at 2pm in London, but closed down 13p, or 1.25pc, at £10.25, as the news broke shortly before markets closed…
-Threats against Highlanders continues in Scotland
-Pentagon wants to launch first strike on Russia
Paul Craig Roberts
Glad the ZGR exposed the WASP-Zionist military leaders now? At least you will know the name of your kin’s killers. The Pentagon boys and Senate/Congress guys have deep bunkers and cities. They don’t really believe they can take Russia out, they just want to ‘depopulate’ the USA and emerge in the NWO. The Texas gang is running the Pentagon, that’s what is spooky. Whack job General Mark Welsh the III, from Texas, has his fingers on the missiles trip switches. He knows Obama is a puppet and Prince Charles can give him the order to launch or Kissinger.
-Francois Hollande, Vulgar Zionist lout
Power mad Jew. He should be deposed and put in the same cell as Sarkozy and his Jewess and DeRothschilds and Lagarde the Jewess.
-Baroness Ashton Admits indirectly (leak phone) Maiden revolutionists hired snipers to kill far right (Nazis) in false flag operation London-Berlin-DC coup
-Economy so bad in Europe and Zionist Merkel Leadership so horrid Prostitutes work for Big Macs in Germany
-Anglozionist Pawn, Poland PM Indirectly threatens Russia with War
-Hillary Rockefeller, aka Clinton : Putin acting like Hitler
-ZGR: Angela Merkel is likely Hitler’s Illegitimate daughter and her and Cameron are acting like Hitler along with Hillary/Obama and trying to annex the Ukraine
-Russian Duma threatens to seize all EU/US assets if sanctions are imposed by EU/USA
-USA Warships getting ready to enter Crimean as remaining Ukraine ships flee the other way
-Russians refuse to attend Paris talks dominated by UK/USA
-NATO invades Ukraine sends Military Monitors to Crimean
-Russia to build bridge to Crimean
-EU’s Barroso puts ‘paper ‘ 15 bln dollar offer to illegal Ukraine govt
-Russians refuse to attend EU meeting on Ukraine situaton
-BOE suspends employee over FX manipulation probe
-NPC in China maintains 7.5 % GDP growth target
-China/Russia agree to try Diplomatic solution to Ukraine for now. Russia fires warning missile shot over Merkel and Cameron’s bow for good measure.
- Moody’s Downgrades city of Chicago to Baa1 from A3, affecting $8.3B of GOs and sales tax debt; Outlook Negative
-Eurotrash does not know Americans prefer Glocks in shocking Cultural ignorance that ignites TWTR and astounds Americans at European ignorance of fine American culture
Thank goodness the Eurotrash does not work late -as the report would never get done- even when their revolution is going to hell in a hand-basket, as it is revealed the so called Maiden revolutionaries, now represented by Yat the Yid,were behind the sniper killings, and not Yanukovych’s goons. No wonder Yat the Yid wants to cut off Russian broadcasting ASAP. The little Lenin wanker will hopefully find his neck in a noose, at least politically at first, soon. I don’t call these people Eurotrash for no reason.
As the ZGR types Congress is pushing through sanctions on Russia, which the Russians says , if they are signed will results in USA assets being confiscated. Call your Congress person, demand neutrality. Sanctions are an act of war.
Putin for now is content with the Crimean and early elections for the Crimean to leave Yat the Yid’s domain. Extraordinarily dangerous rhetoric and provocations were seen from the EU/NATO Anglozionist gang today. The EU day was book-ended, as the ZGR postulated by the on line leak , that the Snipers were working for Yat the Yid. Really this was obvious to anyone given only ‘Nazis’ seemed to be being shot in the head. Will the Nazi’s now purge Yat the Yid and his fellow Anglozionist conspirators in the Ukraine. Stay tuned.
Shameless hellions in the Brussels are now exposed as complicit terrorists. The ‘Hague’ is a farce in Brussels . It’s worse even than the Anglo-Jewish run Nuremberg trials and an evil institution for trying patriots. When Tony Blair, Prince Charles, Nate Rothschilds, and George Bush stand in the same docket there for war crimes , it will prove its meddle.
The English military weighed in, in the Telegraph Letters in spades and damned the Russians for being ‘dangerous’ nationalists, while never looking in the mirror at England’s 3 bloody centuries of globalism , and the over 200 million dead at the hands of the English establishment. Since England elected to be a ‘pirate’ or trading nation, Globalism is in reality English nationalism. Globalism is also sin as Babylon taught us in ancient times, and as the hellish English govt shows us in present times. Military men are despicable cowards, especially the English generals, as even the Pentagon was forced to admit were little more than’institutional cowards’.
The highly belligerent Anglozionist John Kerry reportedly will meet the Russian FM Lavrov in Paris soon.
The economy continued to expand in most of the United States in late January and most of February, the Federal Reserve reported Wednesday. The so-called Beige Book found that eight of the 12 Fed districts reported “modest to moderate” improvement in activity, with 3 districts reporting slower growth blamed on cold weather. Weather was mentioned nearly 120 times in the report. Employment was said to expand only gradually. The FED said were no signs of inflation as price pressures were reported to remain “subdued.” The assessment is not likely to change the Fed’s steady reduction in the pace of its monthly asset purchases. The FED will next meet on March 18-19.
FED troll Yellen emerged late in the session and lied through her teeth. Federal Reserve Chairwoman Janet Yellen promised that she would take more steps to make the central bank more open. In remarks at her ceremonial swearing-in, Yellen noted that former Fed chairman Ben Bernanke had decided in 2011 to hold periodic press conferences. “I promise to build on his legacy,” Yellen said. The new chairwoman, who was sworn in privately in early February, said that the economy is stronger and the financial system is sounder since Bernanke started his second term in 2010. “We have come a long way, but we have further to go,” she told a private audience that included Treasury Secretary Jacob Lew. Yellen said she would never forget that there were individual lives behind the statistics used to gauge the health of the economy. “When we make progress toward our goals, each job that is created lifts this burden from someone who is better equipped to be a good parent, to build a stronger community, and to contribute to a more prosperous nation,” she said.
Trading was choppy today ahead of the ECB decision tomorrow and the NFP on Friday. I did not get a big enough pop to increase my DIA short or enough of a drop to extract profits.
Homebuilder Hovnanian is down 5+% this dragging down the other major homebuilders 1-2% a firm. The company missed revenue expectations and racked up an unexpectedly large quarterly loss. The firm’s contract cancellation rate crept up and its net contracts signed metric fell y/y. The firm’s contract backlog did gain a bit y/y. Analyts were quick to blame the weather.
Shares of Canadian Solar are down 8.2%, giving up all its pre-earnings gains, after the firm offered weak Q1 and FY14 revenue guidance. The firm saw very good y/y gains and the firm was upbeat in comments about its business outlook, however delays in recognition was pushing back booking revenues.
Smith & Wesson Holding Corp. SWHC shares jumped 18%. The gun maker’s quarterly results beat earnings forecasts and it raised its outlook for the year. The firm raised its full-year earnings per share estimate for continuing operations to a range of $1.39 to $1.42, beating the Wall Street forecast of $1.33 per share, according to FactSet.
Facebook got a big stock tout, the stock’s target was raised to $82 from $72 at Stifel Nicolaus. “Recent checks suggest Facebook continues to gain share of overall marketing spend,” wrote Jordan Rohan at Stifel in a note. My short automatically got covered at 70 where I had been buying and covering lower, and I reestablished it at $72. There was no volume to speak of on the tout. Just a carefully executed short squeeze.
Allegheny Technologies Inc. ATI +3.87% shares rose 3.7%. The company, which makes products for the aerospace and petrochemical industries, last week declared a quarterly dividend of 18 cents a share. The dividend will be paid on March 26 to shareholders of record at the close of the business day on March 12.
Exxon Mobil Corp. XOM shares fell 2.7 %. Exxon said Wednesday that it is likely to cut capital spending and that its output in 2014 is likely to be flat.
Mead Johnson Nutrition Co. MJN shares declined 1.3 % as of this report . The company is investigating possible violations of the Foreign Corrupt Practices Act at its Chinese unit, according to reports.
PetSmart Inc. PETM shares dropped 1.4%. The company reported a decline in fourth-quarter profit to $131.5 million from $134.0 million a year earlier, while per-share earnings rose to $1.28 from $1.24. The company noted the fourth quarter of 2012 had an extra week that represented 17 cents in per-share earnings. Analysts polled by FactSet had expected earnings of $1.21 a share.
Gold for April delivery tacked on $2.40, or 0.2%, to settle at $1,340.30 an ounce on the Comex division of the New York Mercantile Exchange, while May silver closed up 5 cents, or 0.2%, at $21.27 an ounce after a loss of 1.2% in the previous session.
Oil futures closed sharply lower for a second-straight session on Wednesday, settling at their lowest level in almost three weeks. Worries about disruptions to oil supplies from the conflict between Ukraine and Russia eased and concerns about a slowdown in energy demand climbed, at least that is what the analysts say.
|Japan: Nikkei 225||14897.63||176.15||1.20%|
|Stoxx Europe 600||337.06||-0.09||-0.03%|
|UK: FTSE 100||6775.42||-48.35||-0.71%|
|E-mini S&P 500||1871.25||-0.25||-0.01%|
|U.S. 10 Year||2/32||2.690|
|German 10 Year||-2/32||1.609|
|Japan 10 Year||-4/32||0.597|
-Breaking- Ashton’s Goons behind Maiden Snipers!!
The snipers who shot at protesters and police in Kiev were allegedly hired by Maidan leaders, according to a leaked phone conversation between the EU foreign affairs chief Catherine Ashton and Estonian foreign affairs minister, which has emerged online….
“There is now stronger and stronger understanding that behind the snipers, it was not Yanukovich, but it was somebody from the new coalition,” Urmas Paet said during the conversation.“I think we do want to investigate. I mean, I didn’t pick that up, that’s interesting. Gosh,” Ashton answered.
The call took place after Estonia’s Foreign Minister Urmas Paet visited Kiev on February 25, following the peak of clashes between the pro-EU protesters and security forces in the Ukrainian capital.
-London worried about losing Title as Prostitution Capitol of the World to Germany!!
Merkel’s Zionist Regime -The German-Zionist ‘economic’ miracle of Germany, no minimum wage, cheap whores to attract Cheap labor. Economy so bad in Europe, Prostitutes work for Big Macs!!
The New Zionist run Germany…
At the truck stop on Am Eifeltor near Cologne, prostitutes work out of caravans. There are around 30 caravans here. The prostitutes pay 150 euros a month in tax to the city (Albrecht Fuchs)
-USA Economic Summary
Numerous analysts are pointing out that the ADP has been 30-40% above its corresponding NFP data for months, making today’s revisions a catch-up exercise. The miss in February and the January revision is being chalked up to weather as usual. The February ISM services index was also a miss, and the employment component fell below 50, indicating contraction. Goldman Sachs reportedly lowered its February NFP forecast to +125K from +145K prior. Check the BBN estimate ahead of the release. Feckless BLS and ADP shill economist Mark Zandi put his NFP estimate at +130K.
(US) Feb ADP Employment Change: +139K v +155Ke
(US) Feb Final Markit PMI Services: 53.3 v 52.7 prelim
(US) Feb ISM Non-Manufacturing Composite: 51.6 v 53.5e
(US) MBA Mortgage Applications w/e Feb 28th: +9.4% -8.5% prior
(US) DOE Crude: +1.43M v +1Me; Gasoline: -1.6M v -1Me; Distillate: +1.41M v -1e
(CL) Chile Jan Economic Activity M/M: -0.6% v -0.5%e; Y/Y: 1.4% v 1.9%e
(CA) Bank of Canada (BOC) left Interest Rates unchanged at 1.00%, as expected
(MX) Mexico Feb Consumer Confidence Index: 84.5 v 85.0e
-EU Close -Final
I largely maintained my DAX short today into the close after bumping it after Reglings panic buy down in the peripheral bond yields failed to prop EU markets up. Tomorrow, I’m likely going to spread trade the Draghi freak show as he is bound to disappoint, and hopefully get a chance to buy more short higher, and make some money either on the long side (or short side) on the temporary pop the EU PPT will put in the for him.
There is palpable panic at gold short Socgen, stuffed full of Italian debt. Who is the ‘greater’ fool buying that Italian debt if they sell into the current rally? The German taxpayers, Mr. Regling or the ECB?
EU Economic data was ‘good enough’ there will be no rate cut tomorrow, nor negative interest rate announcement, and its merely speculation the Bundesbank will allow an official end to sterilization, which they are not really doing fully anyways if you follow the weekly data. The Bundesbank can say one thing in English but its another to announce in the German dailies they are going to green-light dropping SMP sterilization which would be seen as highly inflationary by the German public ahead of key elections with the more economically competent AfD getting ready to enter German parliament that does not like money printing.
ECB SMP sterilisation total amount (€m)
As long as the ESM/ECB can get the banks to front run its peripheral bond buys in the futures market, and the banks in doing so boost their own stocks and ‘reflate’ without openly declaring an end to sterilization, a polite word for generating inflation in the DOA economies of Italy, Spain, Greece, and France, the ECB/ESM will persist in their present rig without a radical change until after the elections, unless there is a major melt down at a major EU banks. There would be too much loss of face for the Bundesbank ahead of the May elections if they allowed the ECB into an out in the open monetary print, although it would please France to get the $1.20 and increase the EU/USA trade deficit in Europe’s favor even more.
Everyone knows the score, the German currency is rigged and is far lower than it would be without the PIIGs, allowing the German to maintain a massive trade surplus and generate jobs and attract what talent exist among the Eurotrash to Germany. Extending the LTROs or ending the sterilization will likely also have to wait until after the May elections, and strictly speaking OMTs won’t be ruled ‘legal’ for 18 more months.
Europe does not trade fair and has never traded ‘fair’ and EU trade and in particular German trade is badly out of balance with the USA, proportionally as much as China’s trade is out of balance. Say no to TAFTA and demand, fair and balanced trade with the corrupt rigged EU.
Putin certainly needs to form an economic war team like London has, and put pressure on the EU peripheral bonds and show his team can throw the Euro around like London manipulates the Ruble. Buying CDS on Italy and Spain, will pay off big for the Russian Central bank and SWF at some point, and cushion the loss in the Euro that is inevitably coming when Regling can’t hold the tape together anymore.
Regarding the 2nd cut of EU GDP data by Eurostats, it was in line more or less but it’s still largely a useless report ex to comment govt spending is up, and the German export engine is working wonders. Now the WB does publishe explicit GDP deflators for Europe , but Eurostat does not, their GDP report is largely just a compilation of what they are sent and most EU countries also hide, or simply don’t report what GDP deflator they used. UK stats are the most opaque and untrustworthy of all. At least with the USA data releases you can tell where the cheating was done, be it the Jobs report, the GDP, or even the ISM PMIs. European and in particular the HSBC/Markit PMIs are so opaque then can regarded as little more than trading ‘ad-in’ as they say in tennis for London. Even the BOE finally had to fire (suspend) someone over the FX rig. They rig everything in Europe. These Eurotrash people know so little about Europe they don’t know Austrian makes Glocks and almost every American household has one, as does just about every Swiss and Austrian household. , ’wild Bill Hickock’ , the retired USA sheriff has around 20 glocks.
Ollie Rhen, a completely corrupt and worthless EC economic hack was out flapping his gums and had nothing to say that could have moved markets or could have been construed as intelligent, Olli Rehn: much work remains to be done to return to more solid yet sustainable growth rates with higher levels of employment. He did beat up on France and Italy a little bit for their lack of serious labor and market reforms and their deficits.
NATO head Anders Fogh Rasmussen is to meet with Ukraine’s illegal Prime Minister Arseniy Yatsenyuk , or Yat the Yid as he is known, in Brussels on Thursday. This event is highly inflammatory, as parts of Russian-speaking Ukraine and Russia itself are strongly opposed to closer NATO-Ukraine relations and having USA weapon systems right on Moscow’s door step as London tries to destabilize Russia. Putin is literally going to build a bridge to the Crimean, and no doubt this will become and autonomous region shortly. Evil, and satanic England and MI6 are looking for the next Lenin from among the Tartars to terrorize the Crimean. They already have a Lenin look alike in Kiev. Karl Marx is not buried next to English Royalty in London by chance.
Turkish authorities have given permission for a US Navy warship to pass within the next two days through the Bosphorus strait into the Black Sea where the Crimean Peninsula lies, Hurriyet Daily reports. The US made similar moves with its Mediterranean warships during the 2008 Russian-Georgian war. I urge all Americans to contact their Congress person and demand the USA military quit threatening Russia and request and end to the NATO alliance due to the costs.
The NATO invasion has started. The OSCE is to send 35 unarmed military personnel (lie, they will be armed or protected by Mossad/Tartars) to Ukraine to investigate reports of irregular Russian troop movements. The visit is to last from 5-12 March and start in Odessa. Eighteen OSCE states, including France, Germany, Norway, Poland, Turkey, the UK, and the US are to take part.
European Commission head Jose Manuel Barroso has proposed almost €11 billion in new money to help stabilize revolutionary Ukraine.
With EU leaders at an emergency summit in Brussels on Thursday (6 March) to discuss his ideas, he said on Wednesday: “I think everybody knows what is at stake here: For the first time in many years, we in Europe feel a real threat to our stability, and even to peace on this continent.”He added: “Ladies and gentlemen, the situation in Ukraine is a test of our capability and resolve to stabilise our neighbourhood.”One billion euros of the new money is to come in the form of loans, paid from the EU budget, for Ukrainian macro-financial assistance.Another €1.4 billion will come as EU grants over the next seven years. The European Investment Bank is to contribute €3 billion over 2014 to 2016 and the European Bank for Reconstruction and Development is to add €5 billion.In other measures, the commission will add a previous pledge of €610 million of macro-financial loans. It will also try to leverage €250 million of previously-earmarked Ukraine cash to raise over €3.5 billion in loans.Barroso noted the money will be conditional on reforms already set out by the International Monetary Fund (IMF), which include raising household gas prices.But in return, the IMF, the World Bank, EU member states, and other countries, such as Canada, Japan, South Korea, and the US are expected to top up the EU offer.The EU’s €11 billion is almost equal to a $15 billion bailout offered by Russia before the Ukraine uprising broke out, but the top-ups could see it climb much higher.Meanwhile, Barroso said the macro-financial aid and some €600 million of the new grants can be paid out “very fast … within a matter of weeks.”He also proposed that EU countries should immediately apply lower trade tariffs on Ukrainian imports, as envisaged in a future free trade agreement.He urged the Union to also get ready to pump gas to Ukraine in “reverse flows” through Soviet-era pipelines to reduce its dependency on Russian imports.EU countries are expected to trigger an asset freeze and visa bans on Yanukovych, his two sons, and 15 other former regime members on Thursday morning.They have threatened to impose similar measures against Russia if it does not pull back troops in Ukraine, but an EU diplomats said it is “too early” to draft a list of Russian names at this stage.EU leaders on Thursday are also likely to call for international, but not EU, monitors in Crimea, after Germany, Italy, and the UK, spoke out against an EU mission at a foreign ministers’ meeting on Monday.
For its part, the Russian parliament is drafting a bill to let the Kremlin confiscate European companies’ assets if the EU goes ahead. Russia’s absence today from talks in Paris was very telling. The EU is waging war on the USA through London and Berlin with the mercenary, and utterly corrupt USA Pentagon Redcoats commanded by a nasty satanic group of WASPs and Jewish elite.
Poland PM Donald Tusk with high level EU Satanists
The warmongering Kashubian(no one trusts the Kashubs in Poland anymore than the Jews) self confessed Zionist that runs Poland indirectly declared war on Russia today emboldened by the NATO /USA thugs aiming their weapons at Russia. Tusk said ” Europe has to remember that peace can never be bought through appeasement, that leads to catastrophe”; ”Only legitimate government in Ukraine is headed by interim Prime Minister Yatsenyuk (Yat the Yid), this should be starting point for any discussions” . Russia does not accept the current govt as Legitmate nor does more than 1/2 of the Ukraine. With NATO and London there is no democracy only the point of a gun and Zionist vote counters.
In further economic and EU news…..
An internal paper by the German Economy Ministry, seen by Süddeutsche Zeitung, acknowledges for the first time that “excessive and lasting imbalances” in the trade balance sheets of individual countries are “damaging for the stability of the eurozone”. The European Commission is today expected to urge Germany to take action to limit its high export surplus.El País reports that Spain will be removed from the group of countries with “excessive” macroeconomic imbalances. This means the country remains under surveillance, but is not at immediate risk of sanctions from the European Commission. La Stampa reports that Italy will be warned of excessive macroeconomic imbalances, primarily due to the loss of competitiveness and lack of ambitious economic reforms.
EU budgets are like the Pentagon’s budgets. EU Budget Commissioner Janusz Lewandowski yesterday told the European Parliament’s budgetary committee that “late invoices” from member states have left a €23.4bn shortfall in EU regional spending. The funds will be taken from this year’s annual budget but the Commission could approach member states for a retroactive top-up, the UK’s share of which would be around £2.5bn. Pawel Swidlicki is quoted in the Mail as saying that “This highlights the shocking lack of long-term planning or adequate controls in the EU budget [which] needs to be radically slimmed down and overhauled – ending the pointless recycling of regeneration funds among the EU’s richest members would be a good start”.
EK reports that the Greek government and the EU/IMF/ECB Troika have once again hit a stalemate in the discussions over the reform program in Greece. In particular they cannot agree on the size of the bank recapitalization needed, with the Troika putting the total at €9bn and the government at €6bn. They also have differences of the implementation over the OECD’s program for reducing red tape.
The Times reports that Bank of England Governor Mark Carney has revealed that European human rights law could thwart attempts to claw back bankers’ pensions even if their banks go bust and have to be bailed out. Meanwhile, Philippe Lamberts, the Belgian Green MEP who helped draw up the EU cap on bankers’ bonuses, said it was clear the UK was failing to implement EU law and had no interest in halting “absurd remuneration packages”, and should be taken to the European Court of Justice.
Handelsblatt reports that a draft European Commission proposal considers softening the principle of contributing to European bank resolution funds based on the amount of risk undertaken by financial institutions. This could mean “a significant” contribution to the funds from regional and savings banks, even if they engage in less risky behaviour than investment banks.
France remains in a major panic demanding drastic action tomorrow from the ECB and proposed the opposite of what Rhen told them to do today to get their economy going and trade situation under control. France wants the big ECB money print. Le Figaro’s (WSJ of France) columnist Yves de Kerdrel writes, “A euro [whose exchange rate] goes from 1.25 to 1.38 US dollars in a few months leads almost mechanically to the loss of 50,000 to 100,000 jobs. And the deafening silence of our leaders on this issue is incomprehensible, as well as unjustified.
The FT reports that rating agency Standard & Poor’s has warned that the new bank bail-in plans coming into force in Europe could lead to downgrades for European banks, depending on how they adapt to the new rules.
The Cypriot parliament yesterday approved a bill to privatise three state utilities, after rejecting it last week, although the government was forced to provide some concessions to unions. The bill paves the way for the release of the next tranche of bailout funds for Cyprus.
Data released by the Irish Central Bank yesterday showed that the number of Irish home loans in arrears (for more than 90 days) fell from 12.9% in September 2013 to 12.6% in December, the first decline since the start of the crisis.
The FT reports that Terry Scuoler, Chief Executive of the EEF manufacturers’ organisation, has said 85% of his members strongly supported continued EU membership. “There is a compelling need for reform, but it must be done from within the EU,’’ he added.
Dutch State Secretary for Security and Justice Fred Teeven is urging other EU states to adopt a plan whereby countries which want to profit from alliances with the EU should agree in return to take back their nationals if they have failed to win asylum in the Netherlands. Currently, many countries refuse to take back refugees who have lost their claims for asylum and their deportation remains an issue.
Dutch polling company BMC predicts that Dutch governing parties VVD and PvdA will suffer losses in the upcoming local council elections on 19 March. Geert Wilders’ anti-EU PVV party is only fielding candidates in The Hague and Almere, and is forseen become the biggest party in both cities.
Ahead of German President Joachim Gauck’s visit to Athens, Die Welt reports that he will reject calls for Germany to compensate loans it was forced to make to Germany during WWII, but is likely to announce a new German-Greek youth work and a German-Greek Future Fund.
Late Europe Releases
(PL) Poland Central Bank (NBP) leaves Base Rate unchanged at 2.50%, as expected
(IE) Ireland Feb Live Register Monthly Change: -2.5K v -2.3K prior; Unemployment Rate: 11.9% (lowest since Apr 2009) v 12.0% prior
|UK: FTSE 100||6775.42||-48.35||-0.71%|
|France: CAC 40||4391.25||-4.65||-0.11%|
|Stoxx Europe 600||337.06||-0.09||-0.03%|
-Near Hanford Nuclear Power plant, babies being born with no brains
(NaturalNews) There is something seriously wrong in the fertile Yakima Valley region of Washington. A surging number of babies are being born with major birth defects, and the reasons why are eluding state health officials.As reported by CNN, a nurse in the area, Sara Barron, was the first to report on a particularly horrifying condition: anencephaly — a condition in which babies are born without much of their brain and skull.
“I was just stunned,” she told the network in an interview. “Three in a couple-of-month period of time… that’s unheard of, and they have such tragic, terrible outcomes.”
-Corrupt FDA bans the use of Organic fertilizers on farms
This should be regulated at the State level by composting requirements to use organic material. Cow manure, chicken manure all have to be composted properly to be used at no risk as fertilizer. This is just the Crown owned Conagra and Carghill targeting small farms and for the Anglozionist large farm cartels to snap up the small farms and for the govt to control the food supply and to corrupt it with GMO crops to reduce population lifespans. Chemical fertilizer cost is through the roof.
-Kremlin says it will build bridge to link Russia direct to its naval base in Crimea and bypass Ukraine
The proposed bridge would span the the Strait of Kerch between the Chushka Spit in Russia and the Kerch Peninsula in Ukraine. Russian press.
They would be better building a tunnel.
-LGBTs and drug addicts will be happy at least for a while (nothing good comes out of Rockefeller University)
Could an HIV vaccine be on the horizon? New jab could protect against infection for up to three months
Trials at Rockefeller University, in New York, and by the Centers for Disease Control and Prevention in Atlanta, showed the vaccine could give 100 per cent protection.
There are many HIV viruses. It’s controversial still that HIV has 100 % been shown to cause AIDs. Just a way to make more money and soak the taxpayers with Rothschilds carE, aka Obama care. Rockefeller making money for the Crown medical firms at your expense while ‘controlling’ the population’s lifespan with toxic vaccines. They have a cure for AIDs, Magic Johnson the NBA player admitted this before he was told to shut up.
-Bitcoin Exchange CEOs going under…in murder or suicide or disgrace
Autumn Radtke, 28, the American CEO of a bitcoin exchange has been found dead after a suspected suicide at her home in Singapore. DM
-Crazy Baby Kim
Kim Jong-Un ‘orders 33 people to be executed because they made contact with Christian missionary’
The Koreans have landed themselves in hot water after it emerged they had worked with South Korean Baptist missionary Kim Jung-wook. DM
I shorted the opening in the USA, but just covered after not making any progress. The weather is being blamed and the FED has already said it will ignore the NFP on Friday due to ‘the weather’. The EU stepped up with a ‘big’ package on paper to buy the Ukraine NG and wheat fields. It won’t be enough to hold the place together and is in the form of draconian loans with a lot of stipulations. Meanwhile the Gas bill to Russia is due now. The Russians are not talking. That’s a bad sign.
U.S. service-sector companies expanded in February at a sharply slower pace and bad weather was only part of the problem, a survey of executives found. The Institute for Supply Management said its nonmanufacturing index dropped to 51.6% last month from 54% in January. That was well below the 53% forecast of economists surveyed by the WSJ/MW. The employment gauge tumbled nearly 9 points to 47.5%, marking the lowest level since March 2010 as severe weather hindered hiring in some sectors such as construction and wholesale trade. The ISM’s new-orders index edged up to 51.3% from 50.9%, while production slid 1.7 points to 54.6%. Ten of the industries tracked by ISM reported growth last month while eight recorded a decline.
The non-tradeable ADP employment report for February showed a gain of only 139,000 jobs.
Target finally fired its CIO. You have to wonder if it was an inside Mossad job and if someone in London made big bucks on the stock plunge like we know a bunch of people did on 911 by shorting the airline stocks via buying puts. First hired and (almost) never fired. Even Bernie had to be ‘fired’ at some point as did Sir Alan Stanford. They are going to have to start to hire PHD in computer science not ‘IT’ grads at these big firms. I don’t think anyone could actually be this stupid, but you never know with the British-Israel nepotism gang. Look at what is going on with Russia and England /Germany presently.
Beth Jacob, Target Corp.’s chief information officer, is leaving as the No. 2 U.S. discounter is still dealing with the aftermath of a massive data breach that potentially hacked up to 40 million card holders’ accounts. “While we are still in the process of an ongoing investigation, we recognize that the information security environment is evolving rapidly,” said Target Chief Executive Gregg Steinhafel in an emailed statement. “To ensure that Target is well positioned following the data breach we suffered last year, we are undertaking an overhaul of our information security and compliance structure and practices at Target. As a first step in this effort, Target will be conducting an external search for an interim CIO who can help guide Target through this transformation.” Steinhafel said Target also will “elevate” the role of the chief information security officer and hire externally for that. The company also will begin an external search for a chief compliance officer and has hired Promontory Financial Group to help it evaluate its technology, structure, processes and talent as a part of this transformation, Steinhafel said. WSJ
I purchased a DAX long at the opening and sold it near 9600, and bumped my short.
Obviously Russia not attending the NATO gangs meeting is not a good harbinger of things to come. And why would they, they know the EU playbook, land grab and the English, and Anglozionist-Americans ,and others in the EU openly boast of toppling Putin in their press. England has always used alliances to destroy countries they invaded, even if it was only alliances with local religious or political minority group in the country they were looking to pillage and run with its stooges under ‘indirect rule’ as the British call it. See Gott’s history of the British Empire (which is still ongoing through indirect rule of the USA). England never does its own fighting in full. Presently their men are weak and effeminate, and as one USA General called the UK military in Afghanistan, ‘institutional cowards’.
The foreign ministers of the U.S., U.K. and Ukraine met to discuss the crisis in Ukraine’s Crimea region, but Russia’s top diplomat refused to attend, according to U.S. and British officials. WSJ
The European Union will provide Ukraine with an aid package adding up to at least 11 billion euros ($15.1 billion) in loans and grants, European Commission President Jose Manuel Barroso said Wednesday. The EU budget will provide €3 billion in coming years, with another €8 billion from the European Investment Bank and the European Bank for Reconstruction and Development. The support is intended to stabilize the situation in Ukraine, which is under threat of potential military action by Russia. “The most immediate priority for the EU is to contribute to a peaceful solution to the current crisis, in full respect of international law,” Barroso said in a statement. “In parallel, the international community should mobilize to help Ukraine stabilize its economic and financial situation. The European Commission is proposing today a package designed to assist a committed, inclusive and reforms-oriented government in rebuilding a stable and prosperous future for Ukraine.” The aid package, which also promises development grants adding up to €1.4 billion over the next seven years, will be presented to EU leaders on Thursday at their emergency meeting on the Ukraine crisis.
Regarding the Eurozone we are seeing massive reflationary policies being covertly implemented by the ESM/ECB by buying down peripheral bond yields, and having the banks front run those orders, as jobs and real economic recovery fail to materialize, virtually everywhere outside of Germany, with its no minimum wages, able to suck people in from now even from France to work. The Socgen analysts seems to think Draghi is going to end sterilization of bonds purchased under its SMP program this month.
Incredibly as risk is back off in the EU , peripheral bond continued to surge in Italy and Spain even as German bonds come off. France has an extreme reflation policy with their 10 year getting closer to 2 % every day. At some point all this will unravel in the EU and badly. Italy is in a desperate situation, and Spain’s monthly deficit is so enormous, their King was reduced to imploring the enormously wealthy Sephardic Jews to return and bring some economic revival to Spain as their youth head to SA and Germany to find jobs.
Major European PMI Services mostly beat expectations, which is what the market trades off of, rightly or wrongly given the lack of transparency in those reports, and notably Italy moves back to expansion while France languishes in contraction territory.
More on their economic reports later but they are extremely opaque and even less trustworthy than the Commerce Dept reports from the USA govt. Despite near 2 %, 10 year credit, France still can’t get its service PMI to grow as draconian taxes have stopped the above ground economy in France, as people move and the economy goes to a cash basis where possible. Much like in the USA, its not real retail sales growth but inflation masquerading as retail sales growth the EU reported today. The EU inflation is hidden in housing bubbles in France, a burst one in Holland, and in one in Germany, Austria , and Italy.
All you get with this ECB money printing and artificially low interest rates below the inflation rate, and LTROs is more inflation. That’s why CB exist according to Keynes, to cause inflation and allow the govts to socialize the debt through inflation which disproportionately burdens the working class.
France’s Carrefour: FY13 higher y/y, raises dividend, increases 2014 capex. Adidas: Q4 results higher, but worried about currency impact in 2014, op margin turns positive. Standard Chartered: FY13 results slightly lower y/y; Raises dividend 2%, loan impairments +35% y/y
EUR/USD pair was steady and approx. 150 pips below the pivotal 6-year downtrend line at 1.3890. Market participants believed that the Euro should stay under selling pressure ahead of tomorrow’s ECB meeting. The focus will be on the staff projections. ‘Reported’ Inflation has been running at half the rate of the ECB’s 2.0% mandate. Should the projections suggest inflation undershooting target on the 2-year projection horizon, then the ECB will likely signal an easier monetary policy stance to come. Gold started its climb back up after a premature sell off on yesterday’s news in the Ukraine.
(EU) Euro Zone Jan Retail Sales M/M: 1.6% v 0.8%e; Y/Y:+1.3 % v -0.2%e
(EU) Euro Zone Q4 Preliminary GDP Q/Q: 0.3% v 0.3%e; Y/Y: 0.5% v 0.5%e
(EU) Euro Zone Q4 Preliminary Govt Expenditures Q/Q: -0.2% v 0.0%e; Household Consumption Q/Q: 0.1% v 0.2%e; Gross Fix Capital Q/Q: 1.1% v 0.2%e
(EU) Euro Zone Feb Final PMI Services: 52.6 v 51.7e (confirms 6th straight month of growth and highest final reading since June 2011; PMI Composite: 53.3 v 52.7e )
(DE) Germany Feb Final PMI Services: 55.9 v 55.4e ; confirms 10th straight month of growth and highest since June 2011
(RU) Russia Feb Services PMI: 50.8 v 50.2 prior; 7th straight month of expansion
(IT) Italy Feb PMI Services: 52.9 v 49.9e; first growth in four months and highest reading since March 2011
(FR) France Feb Final PMI Services: 47.2 v 46.9e; confirms 4th straight contraction to an 8 month low
(UK) Feb PMI Services: 58.2 v 58.0e; 14th straight reading in expansion territory but lowest level since June 2013
|UK: FTSE 100||6784.32||-39.45||-0.58%|
|France: CAC 40||4393.29||-2.61||-0.06%|
|Stoxx Europe 600||337.21||0.06||0.02%|
(RU) Russia to maintain its planned Eurobond issue for 2014
(EU) Soc Gen analyst: ECB ending its sterilization of bond purchases under the bank’s Securities Markets Program (SMP) is not priced in for March. Ending sterilization would more than double excess liquidity.
Germany to sell €4.0B in 1% 2019 BOBLs; Avg Yield: TBD % v 0.63% prior; Bid-to-cover:TBD v 1.66x prior (Prior Feb 5th)
|German 10 Year||-5/32||1.621|
|France 10 Year||-4/32||2.186|
|Italy 10 Year||9/32||3.384|
|Spain 10 Year||17/32||3.378|
|U.K. 10 Year||-10/32||2.740|
|U.S. 10 Year||-3/32||2.711|
-Late Asia Summary
(CN) China Finance Ministry (MOF) sets 2014 official 2014 GDP growth target at 7.50%(unchanged from past two years but adds it is elastic ; Maintains CPI at 3.5%
(CN) China Feb HSBC/Markit Services PMI registers its 25th month of expansion (51.0 vs. 50.7 prior
(CN) China National Development and Reform Commission (NDRC): Confident to achieve official target of 7.5% for 2014 but hitting lower level of 7.0% would be sufficient. Will take action if showing downward trend
(IN) India Feb HSBC/Markit Services: 48.8 v 48.3 prior; eight month high but its 8th consecutive month contraction
-Here Eurotrash learn something useful about Americans and Austria and why Austria is America’s favorite country in the EU
-Europe Pre Opening
Looks like another run and gun for Herr Regling today. I’m prepared. We should see another pop today, barring more bad news from the Ukraine.
Peking sendet Alarmsignal für das Wachstum
(DE) Adidas sharply narrowed its net loss last year and increased its dividend as it forecast higher sales in 2014, boosted by gains from sporting events such as the World Cup in Brazil.
(FR)French retail giant Carrefour said operating profit grew 5.4% last year as it whittled back price promotions and kept a tight clamp on costs
(IT)Italy’s antitrust authority fined Swiss pharmaceutical giants Roche Holding and Novartis for having allegedly colluded to exclude the sale of a cheap drug used for serious sight problems. WSJ
(UK) UK BRC SHOP PRICE INDEX Y/Y: -1.4% V -1.1%E (record decline)
(EU) Eurotrash insults Americans.
Stupid Eurotrash, we all shoot Glocks in the USA. Everyone in Austria owns a Glock. This guy must be English and gay, even his plates are gay.
“As a European, this is how I imagine Americans have breakfast”
The press reported Obama and Merkel discussed Ukraine for about an hour in a phone conference, agreeing that Russia appears to have signaled a willingness to de-escalate the conflict and is also contemplating the presence of international observers on the ground.
Sure send some Anglozionist Observers in from the West, you will get a straight story, just as the CIA/Mossad stooge at Vice News we highlighted spying on the Russians in the Crimean pretending to be a journalist. In any event the situation is neither hotter or colder as of this report in the Ukraine than yesterday and lets all be grateful for that.
Russia has a lot of soft work to do to avoid NATO destabilizing it and putting a puppet govt of London in place like they just did in the Ukraine. China and Russia talked and per the Chinese press have agreed to try the diplomatic path for now.
Russia demonstrated one of its new medium ranged missiles that can carry nuclear wear heads to send a clear message to Berlin and London. The Anglozionist war hawks in the USA, are using Russia to start the Syrian war up, or war on Iran, which ever they can get away with. The insane war criminal Bibi was addressing the insane American Israelis and racist Jews who foment a lot of these middle east wars at AIPAC, and used the ‘Israel/America’ white hat, Iran/Russia black hat routine and vowed to scuttle the Iran peace deal more or less. The man is a low iq Sasquatch and unfit to lead his country anymore than Bush or Obama. Bibi pretty much does what MI6 tells him to do as he is not very bright. He’s always in London for his instructions from the gang.
Asian markets are mixed with China’s markets taking it on the chin today in both HK and on the mainland. The NPC failed to impress any traders in China.
China National People’s Congress unveiled its 2014 targets, most notably maintaining the 7.5% GDP objective – in line with 2013 target when the economy grew 7.7%. China is also targeting national budget spending to rise 9.5% to CNY15.3T, trade growth 7.5%, retail sales to rise 14.5%, M2 money supply 13%, and maintaining CPI goal below 3.5%. Furthermore, state council said to maintain proactive fiscal and prudent monetary policy, extend yuan floating rate, expand VAT trial, and further reform the pension system. Despite the seemingly ambitious reform agenda, some analysts are skeptical that policymakers are serious about meaningful change given the apparent slowdown in the economy not reflected by the growth target.
In PBOC news former PBOC advisor Li Daokui said Property tax should not be the only tool to control China home prices; disagrees with views that China will have crisis in housing market. PBOC’s Dep Gov Pan said to allow market to play role in China currency rate; critical for more flexible exchange rate to boost reform. Deutsche Bank China chief economist Ma Jun, widely expected to be named next PBOC chief economist, sees coal and traditional automakers susceptible to China environmental reform – Nikkei.
The head of the BOJ, Kuroda was back in front of the Diet (Parliament) begging people to short or borrow the yen. Traders like that and pushed the Nikkei up 1.2 %. He gave a presentation on currency falling versus easing. The BOJ also sent Muto (dep Gov) out to assure the public the risk economic downturn from sales take hike extremely small to keep spending going.
Japan Chief Cabinet Sec Suga said transparency of China defense is an international concern; To take appropriate response on issue of economic sanctions against Russia. Japan Nuclear Regulation Authority (NRA) to decide on nuclear check priority this month as Japan under ENGLAND’s direction gets ready to crack..er crank the reactors back up at a few plants.
According to Bank of Korea (BOK), South Korea 2013 household savings rate rose just 6.6% y/y, slowest growth in 6 years. South Korea Fin Min Hyun: South Korea to ease rules for M&A market participants.
ANZ economist: sees early signs of Oz recovery; Moderation in dairy prices may be in the cards for FY14/15 as long as supply continues to build.
Gold is down $3 in the Asian session. USD majors are contained despite the broad-based risk rally in US hours as investors’ focus turns away from geopolitical and toward high-profile economic events, including the ECB decision on Thursday and the non-farm payrolls release on Friday. EUR/USD and USD/JPY are trading in 20-pip ranges above $1.3725 and ¥102.10 respectively, while yen crosses EUR/JPY and GBP/JPY are consolidating overnight gains within 30pip ranges above ¥140.20 and ¥170.20
(CN) CHINA FEB HSBC/MARKIT SERVICES PMI: 51.0 V 50.7 PRIOR (25th straight month of expansion)
(CN) PBoC sets yuan mid point at 6.1257 v 6.1236 prior setting (weakest Yuan setting since Dec 5th)
(AU) AUSTRALIA Q4 GDP Q/Q: 0.8% V 0.7%E (7th quarter high); Y/Y: 2.8% (1-year high) V 2.5%E
(AU) AUSTRALIA FEB AIG PERFORMANCE OF SERVICES INDEX: 55.2 V 49.3 PRIOR (first expansion in 11 months, 6-year high)
(NZ) NEW ZEALAND Q4 VALUE OF ALL BUILDINGS Q/Q: -1.0% V +3.1%E (biggest decline since Q2 of 2011)
(HK) HONG KONG FEB HSBC/MARKIT PMI: 53.3 V 52.7 PRIOR
(KR) SOUTH KOREA FEB FOREIGN RESERVES: $351.8B v $348.4B PRIOR (record high for 8th month)
(PH) PHILIPPINES FEB CPI M/M: 0.1% V 0.3%E; Y/Y: 4.1% V 4.3%E; CORE CPI Y/Y: 3.0% V 3.1%E
(TW) TAIWAN FEB CPI Y/Y: -0.1% V 0.2%E; WPI Y/Y: -0.5% V -0.4%E
|Japan: Nikkei 225||14897.63||176.15||1.20%|
|S&P BSE Sensex||21213.24||3.51||0.02%|
|UK: FTSE 100||6823.77||115.42||1.72%|
|Australia $ (AUD/USD)||0.8959||0.0009|
|S. Korean Won (USD/KRW)||1071.00||-0.16|
|Chinese Yuan (USD/CNY)||6.1381||-0.0028|
|WSJ Dollar Index||73.63||0.02|
|Australia 10 Year||-13/32||4.072|
|China 10 Year||0/32||4.530|
|India 10 Year||10/32||8.844|
|Japan 10 Year||-2/32||0.591|
|German 10 Year||0/32||1.602|
|U.S. 10 Year||4/32||2.684|
(US) Fed’s Lacker (hawkish, non-voter): Would not oppose a more rapid pace of tapering; In favor of first rate hike in early 2015
(US) Moody’s Downgrades city of Chicago to Baa1 from A3, affecting $8.3B of GOs and sales tax debt; Outlook Negative
(UR) US Pres Obama said to have spoken with German Chancellor Merkel regarding Ukraine; Obama administration believes Putin signaled pause in escalation – financial press
(RU) China Foreign Ministry: China Pres Xi Jinping held talks with Russia Pres Putin; Believes Russia is able to push for a political settlement to the Ukraine crisis in coordination with other parties – financial press
(BR)Brazil’s worst drought in decades is decimating crops but breathing new life into battered commodity markets. Futures prices for the arabica coffee variety are up 67% since the start of the year.
(US) API PETROLEUM INVENTORIES: CRUDE: +1.2M (2nd straight build) v +1Me; GASOLINE: -1.2M v -1Me; DISTILLATE: -270K v -1Me
SWHC: Reports Q3 $0.35 v $0.29e, R$145.9M v $142Me; +8.3% afterhours
AVAV: Reports Q3 $0.49 v $0.19e, R$69.2M v $64.3Me; +6.1% afterhours
BOBE: Reports Q3 $0.30 v $0.53e, R$340M v $354Me; Authorizes $100M share repurchase (7.3% of market cap); -5.3% afterhours
XOMA: Provides update, does not intend to launch pivotal development for the broad EOA indication following Phase 2 results; -22.1% afterhours
GM: CEO Mary Barra said the auto maker has launched an internal investigation into its ignition switch recall and “deeply regrets” the circumstances that brought the company to this point.
*Insane Bibi’s Speech at AIPAC
Well, you shouldn’t be surprised. Throughout history, people believed the most outrageously absurd things about the Jews, that we were using the blood of children to bake matzos, that we were spreading the plague throughout Europe, that we were plotting to take over the world. Yeah, but you can say how can educated people, how could educated people today believe the nonsense spewed by BDS about Israel? Well, that shouldn’t surprise you either. Some of history’s most influential thinkers and writers — Voltaire, Dostoyevsky, T.S. Eliot, many, many others — spread the most preposterous lies about the Jewish people. It’s hard to shed prejudices that have been ingrained in consciousness over millennia.
*China warns Anglozionists in Washington DC
*Mother Russia calls to her Slavic/Christian/Orthodox Kin in Moldova
What a seething cauldron of hate and intrigue the EU is, what an evil Satanic Empire. If you’re in the EU get out. God will hold you responsible.
*Spain invites Sephardic Jews back now that its King is Sephardic and broke
Economic revival. The Sephardic Jews are enormously wealthy with some trillionaires among them. The Montefiores are probably the most famous and richest Sephardics. They settled in London.
*Japan, Russophiles at heart …
This is why the English stabbed Japan in the back in WW2.
*Ukraine breaking up on its own..
*Russians send London a message
With everything these days being done in the context of the crisis in the Ukraine, Russia announced a successful test of the RS-12M Topol ICBM in Astrakhan, near the Caspian Sea. The missile hit a target at a test site in Kazakhstan.
Russia has been testing improved ICBMs as a way of countering the growing missile defense shield the US has been building along their frontier in Europe. The US insists the shield targets Iran, but it is mostly on Russia’s border, and outside of the range of Iran’s best missiles.
Pentagon officials downplayed the test, saying they were given all the advanced notice required by treaties, and that the launch was “not unexpected.” The RS-12M Topol is a nuclear-capable missile.
The RS-12M was first put into service in 1985, and continues to undergo regular tests to extend its service life. The most recent previous test was in October of 2012, and was successful as well.
*US Hawks Take Flight Over Ukraine
The only countries that need regime changes are England, Israel, USA, Canada, Australia, New Zealand, France and Germany in that order. The Windsor/Rockefeller Republicans and the Rothschild democrat regimes must go now.
A familiar clutch of hawks have taken wing over the rapidly developing crisis in Ukraine, as neo-conservatives and other interventionists claim that President Barack Obama’s preference for diplomacy over military action invited Russian aggression.
At stake in the current crisis, according to these right-wing critics, are not only Ukraine’s sovereignty and territorial integrity, but also Washington’s “credibility” as a global superpower and the perpetuation by the U.S. and its western allies of the post-Cold War international order.
Some right-wing commentators, such as Michael Auslin of the neo-conservative American Enterprise Institute (AEI), which played a major role in drumming up support for the 2003 U.S. invasion of Iraq, have even compared Russian President Vladimir Putin’s moves to occupy the Crimean peninsula to Adolf Hitler’s absorption of Czechoslovakia’s Sudetenland as a result of the notorious Munich agreement in 1938.
“The toxic brew of negative perceptions of Western/liberal military capability and political will is rapidly undermining the post-1945 order around the world,” he wrote on the Forbes magazine website Monday.
“One can only assume that China, Iran, and North Korea are watching Crimea just as closely as Putin watched Washington’s reactions to East and South China Sea territorial disputes, Pyongyang’s nuclear provocations, and Syria’s civil war,” according to Auslin, echoing a line of attack against Obama that has become a leitmotiv among his fellow interventionists.
“(T)here is more than (Russian Prime Minister Vladimir) Putin to think about,” according to Elliott Abrams, a leading neo-conservative who served as George W. Bush’s top Middle East aide, wrote Monday on the National Review website.
“Tyrants in places from Tehran to Beijing will also be wondering about the cost of violating international law and threatening the peace and stability of neighbors. What will China do in neighboring seas, or Iran do in its tiny neighbor Bahrain, if actions like Putin’s go without a response?” he asked.
As yet there have been few voices in favour of taking any military action, although both the lead editorial in Monday’s Wall Street Journal and Freedom House President David Kramer called for Obama to deploy ships from the U.S. Sixth Fleet into the Black Sea, and Republican Sen. Lindsey Graham called for reviving Bush-era plans to erect new missile defence systems along Russia’s European periphery.
But the president, who spent 90 minutes on the phone with Putin Saturday in an unsuccessful effort to persuade the Russian leaders to send Russian troops in Crimea back to their barracks, is being pressed hard to take a series of tough actions against Moscow.
Secretary of State John Kerry, who is scheduled to travel to Kiev Tuesday in a show of support for its new government that may include one billion dollars in U.S. aid as part of a much larger Western economic package to be led by the International Monetary Fund (IMF), listed a number of moves Sunday that Washington has already taken or is actively considering adopting.
In addition to coordinating international – particularly European – condemnation of Putin’s moves against Ukraine, Kerry also said Washington had cancelled upcoming bilateral trade talks and is considering boycotting the G8 summit that Putin is scheduled to host in Sochi in June, if not suspending or formally expelling Russia from that body.
If Russia doesn’t “step back” from its effective takeover of Crimea, he said Sunday, “there could even be, ultimately, asset freezes (and) visa bans” against specific individuals and economic enterprises associated with the current crisis. He called Russia’s move “an incredible act of aggression.”
“We are examining a whole series of steps — economic, diplomatic — that will isolate Russia and will have a negative impact on Russia’s economy and its status in the world.,” Obama himself warned Monday during a joint press appearance with visiting Israeli Prime Minister Benjamin Netanyahu.
At the same time, however, he stressed that he was still looking for a diplomatic way out of the crisis – possibly with the help of the Organisation for Security and Cooperation in Europe (OSCE) that reportedly began sending monitors to the Ukraine Monday evening — which could reassure Moscow regarding the protection and welfare of Russian-speakers in eastern Ukraine and Crimea in whose interests Moscow has justified its actions to date.
The administration and most analysts here agreed that Washington’s freedom of action in reacting to the current crisis must necessarily be coordinated with its European allies, some of which, including the continent’s economic powerhouse, Germany, are strongly disinclined to escalate matters. Germany gets about one-third of its gas supplies from Russia and has long considered a cooperative relationship with Moscow to be critical to maintaining stability in central Europe.
Such constraints clearly frustrate the hawks here, even as some of them, such as Sen. John McCain, acknowledged Monday that Washington had no ready military option and would, in any event, have to coordinate closely with Brussels as the crisis unfolds.
But, speaking before the American Israel Public Affairs Committee (AIPAC), McCain also blamed Obama’s alleged timidity – particularly his failure to carry out his threat to take military action against Syria last September – for the situation. “(T)his is the ultimate result of a feckless foreign policy in which nobody believes in America’s strength anymore,” McCain said to thunderous applause from the hawkish audience whom Netanyahu will address Tuesday.
Indeed, Israel-centred neo-conservatives, for whom Obama’s “weakness” and “appeasement” in dealing with perceived adversaries have become a mantra over the past five years, have been quick to use the Ukraine crisis to argue for toughening Washington’s position in the Middle East, in particular.
“In the brutal world of global power politics, Ukraine is in particular a casualty of Mr. Obama’s failure to enforce his ‘red line’ on Syria,” according to the Journal’s editorial writers, who stressed that “(a)dversaries and allies in Asia and the Middle East will be watching President Obama’s response now. …Iran is counting on U.S. weakness in nuclear talks.”
“Like Putin, the ayatollahs likely see our failure to act in Syria … as a sign that they can drive a hard bargain indeed with us over their nuclear weapons program, giving up nearly nothing and getting sanctions relief,” wrote Abrams on his Council on Foreign Relations blog over the weekend.
“And now they see us reacting (so far) to Russian aggression in Ukraine, sending troops across the border into the Crimea, with tut-tutting,” he added in a call for Congress – likely to be echoed by Netanyahu here this week — to pass stalled legislation imposing new sanctions against Tehran.
“That makes about as much sense …as saying that a proper response to a terrorist act by an Afghanistan-based group is to launch a war against Iraq,” replied Paul Pillar, the intelligence community’s top analyst for the Near East and South Asia from 2000 to 2005, on his nationalinterest.com blog Monday.
-More WASP Mayhem and insanity, Why Germans and others should not marry WASPs
Interesting case. Very mentally sick and evil wife married to a German American. If a German-American commits a heinous crime or a German the Daily Mail will triumph it to the top. However, like the ‘Austrian’ Fritzl a cursory examination often shows the person is a Talmudic/Satanic Jew in heinous satanic crimes and not a German.
Sure there are German criminals just in general not in this heinous class as Germans don’t practice Masonry or overt Satanism like the English and their Talmudic first cousins.
The women’s last name is Strom, which is a German diminutive first name for boys. When Strom is a last name its almost always an English name, and if not, it is rarely a Jew’s surname. English look like Gentiles when they are young like this young woman although her chin gives her away as an Anglosaxon/English.
Sadly the generational satanism is probably handed down to her three children. One of these days, I’m sure I will find a German or Austrian who committed a heinous crime in the Mail some day, and will of course post it as I’m sure there are a few Germans or Austrians who practice witchcraft or belong to one of the few Masonic lodges in Germany the Jews have.
If you know German culture, you know the Germans are an obsessively polite and socially conformed to normality people . Mental illness in them is very rare. Austrians, we are not as polite or as well behaved as our kin in the flat lands. We are a rough mountain people, and plain speaking. The English appear to hate and fear us even more than the Irish, which is probably a good sign our people are doing well spiritually.
My heart goes out to you Alex Jones that your kin were brutal slavers, and Masons and into satanism does not mean you have to follow them to hell. Repent of your Masonry Alex, your WASP nuttiness is not all your fault or choice.
-Johnny Weir(do) the Vampire
Russian-Jewish and German-Jewish ‘love’. Bizarre, and this guy gets a multi-million dollar contract from the Anglozionist just to upset the Russian people with his perverse behavior at Sochi. This guys ‘queer’ lifestyle is not working out well for him. Pray for him as if you don’t who will. Probably his parents were Talmudists/Satanists and he was abused by someone when young.
-WASP , Dog nappers, don’t like Poor Hispanics either
‘Karma’? A lot of these rescue operations are scams. Actually the WASPs name who runs this rescue is ‘Levine’. Seems like more ‘tribalism’, you’re poor and Hispanic, this is too nice of a dog for you and is going to a WASP who can pay me 1500 shekels.
-German -Americans like Irish Americans and Slavic Americans, etc should not join the USA Military
Your children are cannon fodder to the WASP or to be raped and will be killed or thrown away by Prince Charles and Baron Rothschilids when they are done with them. Sad. Pray for this poor, poor girl. Down with the insane Prince Charles, and his royal relatives in Europe and England and the USA.
-WASP/Masonic? Police family-crazy spoiled daughter
Wild children, due to their Masonic involvement. Generational insanity is your lot WASPs due to your Masonic involvement, more on that later.
-Jewish Extremist Wolf Blitzer and some pretty boy Goy- toy of his trying to convince Americans the Ukraine is not some far off land and we need to go war for a ‘revolution’ London started with its Zionist agents in the Ukraine.
Ha, ha. No one cares. Stay out it’s not relevant to the USA, like NATO. Disband NATO, it’s Prince Charles’ army, and the USA military establishment’s excuse for infecting the whores of Europe with their STD infected troops. A guy like Wolf won’t be surprised when he dies where he ends up. ‘Germans’ in the media are invariably German Jews like the Germans in congress and Wolfie.
-Mossad/CIA or both?
The same Pesky American-Russian Jew spying on Sochi now in the Crimean. There is a special place in hell for Jews like this who foment violence and disinformation. He can’t stand Christians are not killing Christians apparently. Outside of the WASP and the Jews does the media have any support at all in the USA and Canada? He looks like he has some Persian Jew in him as well so I can see why he’s useful to the Mossad/CIA /MI6. His ‘real’ salary is probably a million or more a year. Sadly the Jews have to suffer being isolated in society because, like the Gypsy no one trusts them because of the behavior of their elite and leaders and even a lot of the rank and file Jews like him. How can the gentile and Christian protect himself, or Bible says we are to have no partnership or fellowship with the darkness in which most of you Jews dwell.
-Go on home you English snakes and your mercenary Pentagon, go on home. The Ukraine and Crimean ain’t your home!!
I was probably one of the few Americans who enjoyed the film Gallipoli as I understood the history of what the Germans and Turks were up against with the Satanic English crown. It was a German General who took it to you foul English scrum wasn’t it and layed waste to your supposed superior British military, and your homosexual Lords Kitchener and Churchill, as they sodomized each other, your men were slaughtered like pigs, as well they should have been. A good Englishman is one pushing up daisies. You’re all together a worthless war mongering and pirate tribe and have been at war with the world for the last 1000 years.
No John McCain, you’re wrong, we are all Irish and Cossacks now, you dumb English snake and blood kin of Prince Charles.
I must say I fancy Irish music quite a bit. This is one of the finer secular tunes of Ireland
I dedicate this song to the British Military and their redcoat kin in the Pentagon and to the Commander in Chief of her satanic Majesties forces of the UK, Prince Charles.
Get out of the Crimean you slimy limeys while you can. Take your MI6 and CIA and Mossad agents out before the Slavs run your snakes of war and revolution to ground, and skin them alive.
Islam and Christianity don’t mix. Islam is a dominate or die religion. The penalty for conversion is death in Islam or complete social isolation. In Christianity if you convert to Islam we will say goodbye and continue to pray and fast for you. MI6/Mossad is madly scrambling for Tartars who need money and want to get their 72 virgins in heaven early.
Not all Tartars are toast, er Turks, quite a few Slavs have been converted over the centuries and become Tartars. The Slavic Muslims tend to be the most fanatical having rejected Christ.
The Tartars are the sex slavers of the Crimean. They buy often from the Jew/Gypsy, Ukrainian/Russian Slavs and take these girls to Turkey, Constantinople. Turks and Tartars have a lot of crime to be ashamed of as well as the Jews and Gypsies of the Ukraine. To be frank it would not surprise me if the head Tartar in the Crimean was Turkish Jew. Jews have always tended to rise to the top among the Turks, their dirty little secret.
Russia’s most notorious Tartar-Jew and bloodthirsty Anti-Christ!!!
Steak Tartar.. this is literally a blood thirsty Tribe!!! Despite people thinking this is a French dish, tartare, it originated with the Huns whose ancestors the Tartars are. The English are looking for their next Lenin among the Huns, Tartars.
Look at the map, England is in a panic. No one studies race and tribes more than the English. Their racism is their forte. Every tribal weakness and sin they exploit for their NWO. England is gearing for long term soft war with the Russian and Ukrainian people. Unite against them or perish apart!!
-Clever Chinacoms figure out how to sell fake Truffle loaded with mineral supplements
So much for ‘free trade’ a lot is based on Fraud and you’re knowing you will never met your customer and as the WASP Fields said, ‘there is a sucker born every minute’. I will bet the Chinese truffles are rich in toxic heavy metals. I buy nothing from Chinacom, inc.
-WASPs Pimps and Paedophiles, an Epidemic in England and the USA due the WASP’s love of Masonry and Zionism…
Not even Blacks behave like this in the USA, Texe Marrs, shame on you for picking on the poor slaved, CIA/Pentagon drugged addicted, bred to be dumb former slaves. Black tribes in Africa are nothing like the USA blacks which Your Kin and Alex Jones kin down in Texas likely bred to be dumb and big. I’ve met American blacks with the last name of Marrs and Jones, in fact Jones is one of the more common African-American former slave names. Jones and Marrs must have been prolific slavers like the Goldmans in the USA, Mr Jones. The first Jones I ever met was a black. I have yet to met an Anglo version, thank goodness, in person. What a fierce clan like the Williams clan the Jones are. The last people in the USA you want to emulate are the Jones or Williams family.
The girl, now 18, said she was just 10 or 11 when she met Amanda Spencer on the streets of Sheffield, South Yorkshire.http://www.dailymail.co.uk/news/article-2572861/Female-pimp-threatened-kill-alleged-child-prostitute-didnt-told-aged-just-10.html
More and more WASP paedophila from England..
-The same tired old evil names of the WASPs, and the Jews
Anglo-Scot Miley Cyrus out promoting Lesbo action to the dumbed down pagan Americans
What a nasty satanic slut. WASP culture, ask Britney Spears.
Nigella Lawson gets a Vogue cover and makeover
Recall Cameron got her off of drug charges, and the ZGR exposed her as being from another Dynastic Jewish banking family. She’s not Lawson, a serf’s name in England.
While upon a occasion a ‘gentile’ like Tom Delay is allowed into Congress/illuminati they have to be brainwashed by the Mormons or Baptists or sell their soul outright the devil like Kayne West.
WASPs and Jews are the establishment in England where of course they are England’s population by 80% +. In the USA the WASP and Jew are only 10 % of the USA if we go by the Census.
Ask yourself did you ever met a WASP who ever told you the truth about their Power and Masonic /Zionist/Satanic network in the USA? You won’t ever hear about that on ABC(Alex Jones), NBC (Matt Drudge) , CBS (Tex Marrs), CNBC (Pat Robertson), the BBC (Brietbart) , or ZH (Five ‘anonymous Jews very attached to JPM/FT).
Why is the indy media almost all Anglosaxon and Jewish. Think about that. Most all of the indy media is a CIA/MI6/Mossad , London run operation. If not they are constantly hacked or the search engines are told to functionally delist them they are probably not indy and now you can ‘t find ‘indy’. Bing has referred a grand total of O searchers to the ZGR, ha, ha.
The only reason this blog has to talk about race as it is a RACIST cult that is running the world and destroying your future. If a WASP or a Jew is a sincere Christian and not Zionist or Anglophile supremacist they are my brother. I have nothing against moral WASPs or Jews, what few are out there.
You’re a naif or fooish if you don’t know who the enemies of truth and God are and whom your personal enemies are. Ask God for the gift of discernment if you’re a Christian.
You WASPs in particular are going to be in big trouble for making me explain your nasty cult to the world and your hidden relationship to the Jews.
Why is it the only honest histories of the English empire are written by non-WASPs. Jews have written honest histories of themselves, but you can’t find a WASP to tell the truth about their history anyways.
WASPs first hired, never fired , always ranting and wanting war. You can certainly see if you study WASP Culture why Jesus said the first would be last in his Kingdom. I tire of WASP madness and their cult.
Time for them to row back to England on the Mayflower if they can’t behave. Start with the CIA Troll Alex Jones.
Go on home CIA Troll, go on home, have you no bloody home of your own. We Germans have fought you for 1000 years and will fight you for a 1000 more, go on home to England Alex Jones. Get on your crappy Mayflower and paddle home, Alex Jones, go on home CIA troll, Alex Jones, go on home, have you no bloody home of your own. Texas is not your home, go on home to England you piece of human CIA garbage, go on home, Alex Jones, go on home!!
Sung to the Irish Rovers tune, go on home British Soldier go on home.
-Yad the Yid Caves as he realizes Americans cant be force to spill their blood for him
I know a lot of Ukrainians, not a one looks like this. What Kibutz did they pull him out of in Israel?
Just another recap of today’s political action. Still good photo of Yad the Yid who looks very scared. Another Zionist upon a lamp post next to Tymoshenko?
For the ‘Nazi’ party that did all the fighting and dying (probably shot in the head by Mossad snipers) for the present Kiev administration, they are allowing far too many Jews to decide the Ukraine’s fate in Kiev. Maybe a Putsch of the Hebraics misleading Western Ukraine is in order, or maybe just more millions given to these NAZI clown actors?
NAZIs are losers, all you have to do is effect the St Augustine solution, no Usury or financial theft by anyone, and these people will flee the country for London or NYC.
Truly the Ukraine is being run by Zio-Nazis in Kiev.
Where are the fey Lord’s Churchill and Kitchener of England to lead another slaughter of 250k English in that neck of the woods. A good Englishman is one pushing up daisies, so Americans should encourage them and the Aussies to try another Gallipoli style invasion of the Crimean .
Putin will do as well as Catherine the Great. This is not a ‘Russian Empire’, the Ukraine has always been Russian and Slavic ex when the damnable Turkish/Muslim hoards and Ashkenazi hoards invaded. Everyone else is an outsider in the Ukraine/Russia from the foul satanic Gypsy to the Jews, to the Turks/Muslims. Russia is for Russians just like Austrian is for Austrians. Only a trickle should be allowed in and only if they are sincere Christians and want to become Russian Orthodox.
-More English crime…Masons the same the world over
-WASPs the same the world over.
She’s a Norcal girl. Oakland and the WASP bay area refuge of Pleasanton. San Diego State Political science grad. Likely just dumb about how dire the present situation is in Russia. I can’t listen to her, she’s so stupid my eyes glass over. I would rather watch some hot Russian girl than some big mouthed feminist CA/WASP like her.
-English outraged as Russians/Ukrainians play football rather than fight
If you can read Russian you can read Ukranian. It’s even closer than Italian and Romanian. I logged into a Romanian paper one night by mistake and thought , ‘my goodness my Italian is even better than this’, finished the article and understood it all, then realized I was reading Romanian. The most beautiful women in Europe are Austrian, but the most sexy are Ukranian, Romanian and Italian I think. Brother should not fight brother nor Christian , Christian. Only the Anglozionist foment this madness in their greed and lust which is never satiated. Right response here.
-Cheapskate Pirate English
Barely three months after securing an extra £10billion for the EU budget, the European Commission today announced it could need another £20billion. Daily Mail
-Do CIA/Pentagon Drug addicted Blacks in the USA even behave like this Alex Jones and Texe Marrs
Granted Obama , a black Jew (lowest on the rung in world Jewry) and Holder (another black Jew) are stirring up the CIA drug supplied black community into violence against European Americans presently, but blacks in General seem to behave better in the USA than WASPs at the top of the social class and the WASP middle class in England. What a gruesome culture. Texe does not like Germans, Irish, Blacks, Mexicans, Asians, French etc, much like Alex Jones. Texe does love his WASP wife though and his WASP grandkids. The man is a lunatic much like Alex Jones, although Marrs will tell a bit of truth now and then about the Talmudist, he protects the Crown of England and his mean spirited tribe just like Alex Jones whom protects both England and Israel from their recompense. It is imperative for German and Slavic Americans to not identify or marry into WASP culture. Their satanic Culture and counterfeit Christianity is not our cultur. We should serve the Prince of Peace and get our people into law school and political office and out of engineering and the factories much like the Asian Americans. England is so violent I advise no Americans, Canadians, or Germans or Slavs to visit it. The English look like Gentiles when they are young but are a wild tribe of hebraics, little reformed by the Gospel. Pray for England.
Matthew Probert, 21, was left with ‘life-changing’ injuries after he was attacked by Kris Bradley, 23, after he accidentally bumped into him in a bar. Probert was on a night out at the Walkabout bar in Lincoln with team mates from Scunthorpe Rugby Club celebrating a friend’s 21st birthday when he was set upon by Bradley. Pictures taken by bystanders show a dazed Mr Probert slumped on the ground with the hammer embedded in his forehead following the brutal attack on August 31 last year (centre, inset).
-English thugs in Buckingham Palace can’t stand being under the Russian Eye
Of course through both the Anglosaxon and Jewish bloodlines the English have lots of allies in Europe. From Lagarde, to Sarkozy/Hollande to Merkel even. Even the AfD party in Germany has one of Prince Charles close relatives as the founder in it, who claims to be a Baroness-his spies are everywhere in Europe, especially within the EU political parties. England start all the wars, sends Americans, and Canadians to die for them and they put some Scots or Irish on the front line for good show and to rid the Kingdom of that infernal Celt bloodline.
If I was a young Christian in England, or anglophone world, I would consider immigrating to Russia. At least you would be on the moral side of WW3 when the English light it up.
I’m not sure Bill Gates, Tom Perkins, Al Gore, Bronfman, Bush, Clinton/Rockefeller family homes in the UK will be worth what they think they are after WW3. London might be the first city to go up. All the rats will be in London for the killing at some point.
What do you say about this insanity? England pissed away American gentile blood and money in Iraq and Afghanistan as did Europe like it was water. The winners of the big oil contracts were BP, RDS, CNOC. All that oil goes to Europe not the USA, and after that to China and India.
You even find French nationals complaining in the French press, Americans are ‘gun shy’ about our not wanting to get Totals oil (Rothschilds owned) in Northern Iraq out through Northern Syria .
America always doomed to fight England/Israel/Europe’s war and to pay for them. We need a nationalist president to gut Europe, arrest all the Royal families, and form a partnership with Russia to contain and transform Communist China into a Christian nation. Topple England and Europe will fall into line. The Russian can do it economically through the LBMA gold short or taking buying CDS on EU peripheral debt. Russia needs to make sure its banks are not writing any CDS or IRS or other OTC derivatives for London and not infested with English or Jewish moles who are going to bring the Russian banks down like Soros did in 98.
All the evil of the world originates in England. A mad satanic people as this missive illustrates. Their anglo kin in the USA are nearly as evil and insane. Never vote Anglo, they will never vote for your people. Nasty, nasty WASPs.
-Russians makes economic move into Odessa
That’s a Russophone city on the coast. It’s much nicer than Odessa, Texas although the Jewish mob brings heroin and other goodies through this Odessa. Another reason for Putin to crack down on Jewish crime in the Ukraine.
-Mr. Ed’s latest tirade against Putin/Russia
‘he ho”. What type of queer expression is that you English snakes?
-More insanity quoting the nutty WASP and Rothschilds /Prince Charles friend Mitt Romney (Pratt) and Sarah Palin (Heath, Anglo-Jew)
-Always misdirection and lies from Downing Street
-JPM fraud and crime all the time
Jamie Dimon should be tried, and if convicted hung, by his nuts then put to work in a chain gang as eunuch, and taken weekly for the market open to the Bull on Wall Street where people can hurl anything they want that is ‘soft’ at him . The man is a demonic NYC cretin.
-Russians refuse to blink
-Prince Charles t(f)ool in the White house
-SP/Russell 2000 head for new closing highs
-EU markets rebound on aggressive buy down in Peripheral debt as Spanish unemployment continues to rise
-London calls off dogs of wars, puts USA front and center to take blame for Germany’s, England’s and Italy’s greed to get wheat and Natural gas.
-Russians threaten to dump dollar and implode LBMA and Washington to back London/Washington off
-Putin: USA treats Russians like lab rats
-Obama Presents staggering $3.9 Tln Budget
-Icon RadioShack to close 1100 Stores in USA
-Kerry in Kiev
-Crypto John Boehner says it’s time for sanctions on Russia and calls Putin a ‘thug’
-Russians order troops home from war games (as City of London backs off threats?)
-DT Editorial (Prince Charles/Tory Party) : It is time for the West to stand up to Putin
-USA Market Summary-Final print
I feel asleep ahead of the Putin Press Conference early in the NAM morning, but rewatched it ahead of the USA opening. European markets took off after the press conference, but more than likely the aggressive ESM buy down and someone in London buying futures kicked off the retrace rally we saw in the USA and Europe today as London was ahead of the situation before the EU opening. Putin said Russia reserves the option to “send troops to Crimea,” even while saying Russia had no plans to annex the peninsula. In comments earlier, a Kremlin aide insisted that if the US imposes sanctions, Russia might drop the dollar as a reserve currency. So London got the message the LBMA and its hegemony would be no more. Russia also clearly articulated its non-violent strategy to topple the current Zionist-Nazi lead regime, which is too force the Ukraine to pay its gas bills now.
After declining as low as 2.589% during yesterday’s session, the yield on the 10-year US treasury is back up to 2.673%. Spot gold fell from the highest price in more than four months to as low as $1,332 earlier this morning before rebounding to $1336. After testing around $105 on yesterday’s session, front-month WTI crude is back around $103 . The volume of WTI futures contracts has been almost double the average. The Brent front-month contract has fallen nearly 2% to $109.
Names with exposure to Russia and Eastern Europe are among the biggest gainers in the US session. VIPS gained 40% before givin a bit of that back. EPAM and LXFT are up 15% a piece.
The Russell 2000 and SP are closing towards new highs and I have been slowing buying on the short side of the DIA and SPY.
American Radio Shack is getting hammered with shares of RSH down more than 12% following terrible earnings, but well off the 18% losses seen earlier. The electronics retailer’s losses have accelerated rapidly and sales comps fell 12% y/y in its fourth quarter. The company said it was looking to close up to 1,000 stores, or about 20% of its outlets, was not close to filing bankruptcy and its creditors were willing to work with it. RadioShack never has what you need, the management needs to go. It was much better run when Engineers ran it but can’t compete with firms like Frys or the internet.
Traders favorites, Chinese solar names are seeing very robust gains on two positive reports. Trina Solar’s fourth quarter earnings were three times the expected amount and the company discussed its very strong outlook for its domestic China business. Yingli Green boosted its fourth-quarter module shipment guidance, citing similar trends. TSL is up nearly 10% and YGE is up 6%. JKS was pulled along and upwards in the wake of the strong earnings reports.
Between corruption in Mexico and foreign exchange losses in Venezuela, Citigroup Inc. C has been getting a lot of bad news from its international operations.Things could get even worse if the situation in Ukraine takes a turn for the worse. The bank’s net investment in the European country is estimated at $130 million while its exposure in Egypt is about $250 million, according to Barclays. C will be the next major bank taken out by London. Shares of Citi recovered from the previous day’s losses to rise 2.3% as of this report.
General Electric Co. GE shares got a nice pop on Tuesday on disclosure that Chairman and Chief Executive , Zionist Jew Jeff Immelt spent his entire 2013 bonus of about $2.6 million to buy GE stock. GE as Lyndon Larouche showed is owned by the Queen of England and the Rothschilds family. Immelt advises Obama. He’s at the ’round table’ daily.
The WSJ reported President Barack Obama proposed a $3.9 trillion budget package Tuesday peppered with new taxes on upper-income Americans and businesses, plus numerous spending initiatives aimed at bolstering (dis)-education, research and low-income work programs. The proposed budget did not move markets much.
I closed my FB/TWTR shorts out yesterday and bought small position back near today’s highs. I’m looking to add more at FB=$ 70.FB is said to be looking to buy a Drone company following AMZNs lead. Rats using it are collapsing society. Like GOOG its a big London controlled operation and CIA/Mossad/MI6 front. The CEO of FB maybe insane. The CEO of TWTR is a WASP whom appears to just be greedy, as well as stupid. It’s little more than a corporate megaphone and real time market information machine for London. Eventually dark pools of communication will emerge. The CIA and MI6 and the Mossad better enjoy their little run at raping the market for intelligence. TWTR is a listen only device.
A U.S. district judge in New York ruled for Chevron CVX +0.77% in a civil racketeering case stemming from a $9.5 billion environmental judgment against the oil giant in Ecuador, The Wall Street Journal reported Tuesday. The decision barred New York lawyer Steven Donziger and two Ecuadorean co-defendants from profiting from the verdict. Donziger told the newspaper he would appeal the ruling. A group of Ecuadorean villagers in the Amazon sued Chevron in 2003 over decades-old pollution from oil exploration in the rain forest by Texaco Inc., which Chevron had bought. Tuesday’s decision could hamper efforts to enforce the 2011 judgment by pursuing Chevron’s assets in Canada and elsewhere.
Bill Gross of PIMCO said stocks are likely to provide positive returns relative to cash in 2014 in his monthly missive. Likely he is selling into this rally. The FED would have to back off on the taper, so between here and there stocks are going to decline and probably alot.
I don’t think its worth commenting on the USA political elite today. They are transparent puppets of the Anglozionist master in London, Prince Charles and his adviser Baron Rothschilds.
Of note former Cockroach exterminator and one of the few non-lawyers ever in USA Congress in recent times, and convicted Criminal from Texas Tom Delay is back as a columnist in the Washington Times. This is the “beauty” of being in politics in the USA, no matter what you do, the establishment will rehabilitate you and refund you after your time out as long as you don’t become a ‘truther’ or reformer. Delay a war monger and one of the few non-Anglosaxon or non -Jewish congressman was a constant draft dodger during Vietnam so the man is a despicable moral and physical coward. He served in Congress from 1985 to 2006 and was House Leader for a time, and largely responsible for gutting the USA with free trade agreements. He’s on the payroll of the Jewish Oily-garchs of Russia, most whom reside in London these days.On a 2003 trip to Israel, DeLay toured the nation and addressed members of the Knesset. His opposition to land concessions is so strong that Aryeh Eldad, the deputy of Israel’s conservative National Union party, remarked, “As I shook his hand, I told Tom DeLay that until I heard him speak, I thought I was farthest to the right in the Knesset.”Former Mossad chief Danny Yatom said “The Likud is nothing compared to this guy. Delay unfortunately been the victim of the Anglosaxon-Masonic lead Southern Baptist church, the hot bed of Crown loyalty, counterfeit Christianity and Zionism. He was pretty wealthy by the time he joined Congress, so he seems mainly driven by greed. Never saw a poor person he did not want to piss on. Unfortunately he never served his prison time as an Anglosaxon dominated appeals (3 rd Court of Texas, Justice Melissa Goodwin) over turned his convictions. The man is fundamentally mind controlled and possibly criminally insane given his own disregard for the law his entire career.
Nothing good has every come out of Texas be it W. Bush, Alex Jones, Texe Marrs, Tom Delay, Kinky Friedman , Lyle Lovett, Julia Roberts or Mick Jagger’s ex skank of a wife , Jerry Hall . I never vote for Texans, Its ‘London’ down south and a very Anglosaxon and Jewish dominated state.
|E-mini S&P 500||1870.25||27.25||1.48%|
|U.S. 10 Year||-19/32||2.673|
|German 10 Year||-15/32||1.604|
|Japan 10 Year||-1/32||0.584|
European equity markets regained much of the nose bleed height they lost yesterday, but not all.
London tells Rockefeller/CIA/Kerry/Obama to do its dirty work. As Pat Buchanan pointed out the USA has ZERO economic or geopolitical interest in the Ukraine, however England, Germany, Italy and France have enormous interest in its NG and Wheat fields and in cutting the Russian fleet off from the Med/Egypt/Israel and in neutering Russia as an economic or political power in Europe. The Chinese remain silent on the issue.
A leaked British document indicates that Europe is less likely than the US to react forcefully to Russia’s actions in Ukraine.The leak took place in London on Monday (3 March), when a freelance photographer, Steve Back, got an image of a classified document being carried by a British official into a meeting of the country’s National Security Council.It said the UK backs EU-level “visa restrictions/travel bans” on Russian officials and supports “deployment of OSCE and/or UN (but not EU) monitors in Crimea and eastern Ukraine.”But it added that Britain does “not support, for now, trade sanctions … or [to] close London’s financial centre to Russians.”It also said the UK will “discourage any discussions (e.g. at Nato) of contingency military preparations.”The information reflects an agreement by EU foreign ministers in Brussels the same day to threaten Russia with “targeted measures” if it does not end its occupation of Ukraine’s Crimea region.But it indicates that British PM David Cameron will not be willing to harm British trade or financial interests vis-a-vis Russia when EU leaders meet in Brussels on Thursday to discuss the Ukraine crisis.It also indicates that Poland – which called for Nato talks on Tuesday, saying the crisis threatens Polish security – will not get much from the Nato meeting beyond nice words.The UK is one of the EU’s top foreign policy powers. But it also has a special role in the Ukraine confrontation because it signed – along with Russia, Ukraine, and the US – the so-called Budapest memorandum in 1994, which obliges it to protect Ukraine’s territorial integrity.By contrast, the US on Monday already implemented a first tranche of sanctions against Russia.Its defence spokesman, John Kirby, noted that “there has been no change to our military posture in Europe or the Mediterranean.” But he said the US has “put on hold all military-to-military engagements between the United States and Russia … this includes exercises, bilateral meetings, port visits and planning conferences.”A US trade spokesman added: “We have suspended upcoming bilateral trade and investment engagement with the government of Russia.”Neither the UK or the US have spoken out on the British leak.A state department spokeswoman, Jen Psaki, said on Monday the EU and the US are working in “lockstep” on Ukraine and described the EU as “an important and vital partner.”She underlined the US prefers action to purely verbal diplomacy, however. “I would refute the notion that we are talk, talk, talk. We are very much walk, walk, walk,” she said.Meanwhile, the US and British ambassadors took the same line at a public meeting of the UN Security Council in New York on Monday.The British UN ambassador, Mark Lyall Grant, said Russia’s claim that ethnic Russians in Crimea are at risk “have simply been fabricated to justify Russian military action” and said there would be “a strong and united response from the international community.”The US envoy, Samantha Power, accused Russia of “trying to convince the world community that up is down and black is white.”For his part, Ukraine’s Yuriy Sergeyev told the UN event that Russia has deployed 16,000 troops in Crimea over the past week. He spoke partly in Russian to indicate the post-revolutionary authorities in Kiev are not Russophobes. “You call it a coup d’etat. We call it a revolution of dignity,” he told Russian ambassador Vitaly Churkin.But Russia, which convened the UN meeting in order to put forward its view, did not back down.Churkin held up a letter from ousted Ukrainian leader Viktor Yanukovych, who is in exile in Russia, urging “Russian President Vladimir Vladimirovich Putin … to use the armed forces of the Russian Federation for the restoration of the rule of law, peace, law and order.”The Russian ambassador noted “our task is not to return Yanukovuch to power.”But he said the only way out of the crisis is to revert to a 21 February accord, countersigned by France, Germany, and Poland, which says Yanukovuch should remain president of Ukraine until new elections are held in December. EU observer
German foreign minister Frank-Walter Steinmeier said Monday the “biggest danger” in Crimea is that someone “loses their nerves not because of political reasons, but because the situation is so tense.” He urged Russia to de-escalate tensions or face “consequences” on EU-Russian relations in a few days when EU leaders meet.
Italy on Monday sentenced Beppe Grillo, leader of the Five-Star Movement, to four months in jail for breaking into an enclosed construction site during a protest against a high-speed train line in 2010, reports the BBC. “Today they sentenced me to four months,” said Grillo. He denies the charges.
Sweden’s immigration minister told the Wall Street Journal in an interview on Monday that nine member states receive 90 percent of all asylum applications. He wants the European Commission to sanction southern member states for offloading their migration responsibilities to others. Sweden is second to Germany in receiving Syrian refugees.
Thirteen EU member states calling themselves the “Green Growth Group” will push for a renewable energy target of at least 27% at a meeting of EU leaders later this month. The group includes the UK, and argues that the EU “should agree on a binding EU renewables energy target which should not be translated into binding national targets…leaving greater flexibility for member states to develop their own renewable energy strategies.”
New figures from the Spanish Labor Ministry show that the number of registered unemployed people in Spain decreased by 1,949 (0.04%) in February, compared to the previous month, and by 227,736 (4.52%) compared to February 2013.
|UK: FTSE 100||6823.77||115.42||1.72%|
|France: CAC 40||4395.90||105.03||2.45%|
|Stoxx Europe 600||337.15||6.79||2.06%|
I purchased a long at the market open on the DIA, and just sold that. I did not have enough of a short to warrant covering at the opening and my short was from higher, so I just purchased more on the DIA short. Fortunately the market opened at a price that was favorable. I place my market order at the same time I placed my DAX buy the open at the market order. Bad economic data is going to be ignored by the markets for another month or so.
(US) ICSC Chain Store Sales w/e Mar 1st w/w +0.3%; y/y: +1.5%
(US) Redbook Retail Sales w/e Mar 1st +2.7% y/y, Feb MTD: -1.3% m/m; Feb MTD: +2.9% Y/Y
(US) Feb ISM New York: 57 v 64.4 prior
(US) Mar IBD/TIPP Economic Optimism: 45.1 v 45.0e
Obama: Russia breaking international law; Ukrainians should decide their own future;Obama calls on Congress to finance Ukraine aid ($1 bln presently).
Kerry: Russia to talk to Ukrainian governmen; Working on ‘broader’ plan to aid Ukrain; Will isolate Russia if no deescalation; U.S. wants to deescalate Ukraine crisis
-Putin USA (CIA) treats Russians like lab Rats
“They sit there across the Pond, and sometimes I think they feel like they’re in a lab and they’re running experiments on rats and not understanding the consequences of what they are doing.”
Press conference today
Russians and Putin should not feel ‘special’. The CIA/MI6 treat Americans like Lab rats as well. There is a satanic inhumanity about Washington DC, and NYC. Who cares if Iran nukes those places like Senator Rogers and Graham claim will happen. Not my Kin, that is for sure. Would authentic Americans care if Hollywood and Las Vegas disappeared? Not my kin that live in those evil places either. Washington DC/NYC are places inhabited by demons largely, although neither is as bad as London. Rockefeller who runs the CIA takes his orders from the Baron in London who put him in business. The USA just gets put on the ‘front line’ in London’s war to take the world over so London does not draw Russian or Chinese nukes. DC is full of English redcoats, NYC, full of credit-coats working for London and Rothschilds and his gang of pirates.
Furthermore at the press conference he said:
Russia reserves the right to use force in Ukraine to protect Russian-speaking residents there and called the toppling of former President Viktor Yanukovych’s government an “unconstitutional coup.” Putin insisted the presence of soldiers there was simply to defend the Russian military installation on the peninsula that is home to its Black Sea Fleet, but said he saw no need to send forces into eastern Ukraine yet.
-USA pre-opening remarks
Former Fed Chair Bernanke commented at a global financial markets forum the saw some progress in US economy and saw 2014 US GDP growth around 3%. He noted that US household wealth had recovered from crisis (lie). His wealth recovered though.
FED’s Williams (dove, FOMC non-voter): Opposes new threshold to replace 6.5% unemployment. Press
I covered my DAX short at the EU opening , purchased a long on the deescalation of military conflict in the Ukraine and just sold the DAX long, and picked up a short.
London its buying its position back in Russia, looking to acquire stakes in banks and other assets with the enormous amounts of Dope Inc money that flow to the Royal families and gain financial control and to undermine Russia financially like they did after they first opened their markets in 1992, which ended up in the Soros lead Crash in 1998 after Rothschilds-London sponsored Oily-garchs had siphoned up most of the country at rigged auctions arranged by UST Bob Rubin (See Joseph Stiglitz’s book Globalization and its Discontents) with the drunk Boris Yeltsin who was married to Jew, if not a Crypto Jew himself.
After getting the assets and floating them at the high to the pension funds, markets, London crashed the Russian markets and bought more public stock cheap that the Zionist Oily-garchs, Windsor-Rothschilds proxies owned. One thing about the English and London, per insider I talked to they all know when to buy or sell markets, and no one is supposed to talk about it. London will ‘buy’ Russia and Putin might find himself out of a job, and Russians with a new Jewish or English overlord , or one sponsored by them if Putin does not clean up corruption in Russia and build a financial firewall against London. Although no place in the world is as corrupt as London/England and its people, and they have their pact with Satan, Putin has his on the other side of that trade.
Given the imminent collapse of Italy and Spain, Merkel and the ESM were in no position to do anything wrt to grabbing Ukraine gas fields in the East, and the ESM/ECB bought the Italian and Spanish bond yields down from the opening to the close. I’m not sure why it took the German Equity markets so long to catch up. Regling must have limited staff. It’s free money when DB, GS, Socgen etc work with the ECB/ESM to front run and ‘help’ shore up Credit, as their banks are stuff so full of Italian and German Debt. European markets are far more rigged than USA markets. Regling does not say much, and mainly says it in German but when he talks you want to make sure you listen.
|UK: FTSE 100||6819.47||111.12||1.66%|
|France: CAC 40||4390.46||99.59||2.32%|
|Stoxx Europe 600||336.75||6.39||1.93%|
(EU) Euro Zone Jan PPI M/M: -0.3% v -0.1%e; Y/Y: -1.4% v -1.3%e
(EU) Weekly ECB Forex Reserves: €207.5B v €206.9 prior
(ES) Spain Feb Net Unemployment M/M: -1.9K v +22.0Ke
(GR) Greece Feb Manufacturing PMI: 51.3 v 51.2 prior; second straight month of expansion
(UK) Feb PMI Construction: 62.6 v 63.2e
(IE) Ireland Feb Consumer Confidence: 85.5 v 84.6 prior
(RU) Russia Feb CPI M/M: 0.7% v 0.8%e; Y/Y: 6.2% v 6.3%e; CPI YTD: 1.3% v 1.4%e
(RU) Russia Feb CPI Core M/M: 0.5% v 0.5%e; Y/Y: 5.6% v 5.6%e
(RU) Russia President Putin said to have order troops involved in military exercises in Western Russia to return to bases.Defense Ministry reported that exercises involving 150K troops, 90 aircraft and 80 ships were successful and that the exercises ended on schedule. )These exercises in Russia had nothing to do with Russian troops in Crimea, Ukraine)
(RU) Russia Presidential advisor Glazyev (hard liner) said to consider responses to possible sanctions on Russia including dropping USD. Russian banks and firms won’t pay back USD loans if sanctions were imposed
(RU) Russia Fin Min Siluanov halts purchases of Fx for reserve fund (sovereign fund) citing high market volatility. He later stated that it was considering $2-3B loan to Ukraine for gas debt
(RU) Gazprom [GAZP.RU] CEO Miller stated that it would end Ukraine discount starting in Apr and increase prices. He noted that Ukraine could not pay its Feb gas bill in full and owed company $1.53B
(DE)German Foreign Min Steinmeier: Hoping for solution on Crimea in coming days, but no breakthrough yet
(PO) Poland Econ Min Piechocinski Ukraine crisis might put 2014 GDP growth forecast of 3.1-3.2% at risk
(EU) ECB chief Draghi in testimony in Brussels stated that: Inflation was “way below” target but he could not discuss monetary policy in detail ahead of Thursday’s Council meeting. Risks go up the longer inflation stayed low, low inflation in core terms is mostly due to the process of adjustment in peripheral Europe .Press
(EU) ECB €673M borrowed in overnight loan facility vs. €776M prior; €27.8B parked in deposit facility vs. €29.4B prior – Daily Eurosystem Liquidity Conditions
(AT) Austria Debt Agency (AFFA) sold total €1.21B vs. €1.21B indicated in 2018 and 2023 bonds
- (EU) ECB allotted €87.1B in 7-Day Main Refinancing Tender at fixed 0.25% vs. 95.0Be
(CH) Switzerland sold CHF844.45B in 3-month Bills; Avg Yield: -0.099% v -0.102% prior
|German 10 Year||-14/32||1.600|
|France 10 Year||-6/32||2.171|
|Italy 10 Year||12/32||3.418|
|Spain 10 Year||18/32||3.439|
|U.K. 10 Year||-14/32||2.698|
(KR)Bank of Korea (BOK) Minutes showed that the Board voted unanimously (7-0) to hold rates steady in Feb and noted that it must seek policy steps to support domestic economy. One member said domestic economy was improving, mostly on policy support, no clear sign of full-speed recovery; calls for better policy mix to prevent low growth from becoming a trend. Another member: economy will continue to see growth as global economy recovers
(CN) China said to allow local govt to conduct larger bond sales for debt payback as the govt relaxed restrictions on bond issuance to allow over-leverage local govt to sell more debt to meet outstanding liabilities. China regulators might have given up trying to shrink the shadow banking
(JP) Japan PM Abe: Japan is steadily moving out of deflation
-Russian Men versus Englishmen
Russian Men, Pro-Putin/Russia
Englishmen-Pro-Sodomy and pro financial piracy , pro Americans dying for their trust funds
-Europe Pre opening
(UR) Russian troops ordered home from war games on Ukraine border after completion of excercises- RT
(EU) Futures rally, gold and oil drop on Russian troop movement news ahead of EU opening, Russian stock markets jump 2.5 %
(UK) BP loses appeal over $9.2bn Gulf of Mexico payouts, US court rules oil giant must restart payments from compensation fund
(UK) MI6/Govt Party Line on Russia
The DT editorials are widely regarded as being approved by the Tory Party and Buckingham Palace. The head of the DT is MI6.
But Mr Putin’s regime and its increasingly stagnant economy rely on access to our markets, and on the services of our accountants, lawyers and bankers. He is free to ignore the rules, and to make his way in the world via threats, bribes and naked force. But we do not have to make it quite so easy.
The man is an enormous dissimulator.
Asian markets are mixed, as stocks in Japan and Hong Kong picked up from a selloff the previous session sparked by concerns over the Ukraine/Russia/EU crisis.
With over an hour past the much speculated 03:00GMT ultimatum deadline reportedly imposed (and then reportedly denied) by Russian naval forces on Ukraine vessels in the Crimea, no shots have been fired and no bases are being stormed or ships seized although a number have ‘surrendered’ to Russian authority. Despite the tough rhetoric and threats from the illegal Ukraine government, and the unyielding position from the Russia envoy expressed at the UN, both sides are presently biding their time to secure as much international support as they can, and neither is willing to fire the first shot. In the mean time, the US shoved to the front of the altercation, by the UK/Germany /EU, remains engaged in “tough diplomacy” against Moscow – Pentagon has placed port visits, various meetings, joint military exercises with Russia on hold, US Trade Reps are suspending upcoming bi-lateral trade and investment talks with Russia, while feckless John Kerry travels to Kiev for talks with the illegal government, after inadvertently threatening to nuke Russia, before deciding how ludicrous he sounded using the same line against Russia as Iran. Chalk it up to being tired I suppose. Present Russian strategy looks to be to secure the seacoast of Ukraine, land lock, the present illegal Western Puppet govt, and work up from the Crimean, to secure the southern portion of the Eastern Ukraine, then move troops over the boarder to secure key industrial plants if it comes to that. The feckless UK-EU may have crossed the line. The USA can’t afford another major war, and has no will or ability to win one with Russia in a regional conflict.
Yulia Tymoshenko said the world has to apply ‘strongest means’ to defend Ukraine (her right to loot billions more with fellow tribalists)
Whatever China’s present position and support level for a Russian incursion if necessary to protect key assets, the Chinacom, Inc management is playing it close to its vest, least it disturb its massive trade surplus with the West with the same trade sanctions being hurled against Russia from various sources in the USA , UK and EU. China’s National People’s Congress spokeswoman previewed this week’s start of the widely anticipated gathering, most notably indicating China will amend budget law and taxation law as it seeks to “improve quality of legislation”. Annual targets will be unveiled by the NPC later this week, as early as tomorrow. Mainland China markets were down .5 % on a continued liquidity drain ahead of the NPC.
Japan labor cash earnings have registered their first contraction in 3 months, supporting sentiment from GPIF’s Ito and Abenomics 3rd arrow has been “slow”. Despite these headwinds, JPY weakened following comments from BOJ Gov Kuroda who called on investors to continue to pursue carry trade given that Japan real rates are so low. USD/JPY rose above 101.70, up over 30pips from the lows. The Nikkei finished up .5 % on Kuroda’s invitation to borrow or sell yen.
RBA kept its rates unchanged as widely expected and despite the geopolitical jitters retained a broadly neutral bias. Most notably, RBA brought back the passage suggesting that exchange rate remains high by historical standards and was also a bit more dovish on inflation, deleting expectation for prices to be higher than previously forecast, sending AUD lower across the board. AUD/USD fell over 30pips post RBA below $0.8910.
.JGB: (JP) Japan MoF sells ¥2.19T in 0.6% (0.6% prior) 10-yr notes; Avg yield: 0.597% v 0.596% prior; Bid to cover: 3.52x v 3.21x prior
(CN) PBOC to drain CNY35B in 14-day repos, CNY50B in 28-day repos (5th consecutive drain)
(CN) PBOC sets yuan mid point at 6.1236 v 6.1190 prior setting (weakest Yuan setting since Dec 5th)
(JP) JAPAN JAN LABOR CASH EARNINGS Y/Y: -0.2% V +0.3%E (1st contraction in three months)
(JP) JAPAN FEB MONETARY BASE Y/Y: 55.7% (multi-year high) V 51.9% PRIOR; MONETARY BASE END OF PERIOD: ¥204.8T V ¥200.9T PRIOR
(KR) SOUTH KOREA FEB CPI M/M: 0.3% V 0.4%E; Y/Y: 1.0% (16th month below 2.5-3.5% target band) V 1.1%E; CORE CPI Y/Y: 1.7% V 1.7% PRIOR
(AU) RESERVE BANK OF AUSTRALIA (RBA) LEAVES CASH RATE TARGET UNCHANGED AT 2.50% (AS EXPECTED); Maintains neutral bias
(AU) AUSTRALIA Q4 CURRENT ACCOUNT BALANCE (A$): -10.1B V -10.0BE; NET EXPORTS OF GDP: 0.6% V 0.7%E
(AU) AUSTRALIA JAN BUILDING APPROVALS M/M: 6.8% (1st increase in four months) V 0.5%E; Y/Y: 34.6% V 24.0%E
(AU) Australia ANZ-Roy Morgan Consumer Confidence index in week Mar 2nd: 109.6 v 110.2 prior
(NZ) NEW ZEALAND FEB ANZ COMMODITY PRICE M/M: 0.9% (3-month low) V 1.2% PRIOR; Y/Y: +22.4%
|Japan: Nikkei 225||14721.48||69.25||0.47%|
|S&P BSE Sensex||21126.12||179.47||0.86%|
|UK: FTSE 100||6708.35||-101.35||-1.49%|
|Australia 10 Year||-7/32||4.019|
|China 10 Year||0/32||4.480|
|India 10 Year||0/32||8.892|
|Japan 10 Year||-2/32||0.588|
|German 10 Year||0/32||1.554|
|U.S. 10 Year||-8/32||2.632|
(US) According to e-Forecasting.com, US Feb Leading Index -1.1% v -0.2% prior; Probability of recession rose to 21% from 5% (update)
(UK) Scotland’s support for going it alone drops to 32% in Ipsos Mori survey
(UR) Ukraine UN Ambassador: Russia deployed approx 16k troops from Russia territory since Feb 24th – financial press
(UR) According to Ukraine Border Guard, armed men have seized Kerch ferry terminal between Russia and Crimea
(US)SLV: iShares Silver Trust ETF daily holdings fall to 10,168 tonnes from 10,204 tonnes prior
VIPS: Reports Q4 $0.43 v $0.40e, R$651M v $579Me; +19.1% afterhours- GWRE: Reports Q2 $0.16 adj v $0.02e, R$83.5M v $77.5Me; +3.2% afterhours
URS: Reports Q4 $0.26 v $0.19e, R$2.66B v $2.72Be; Increases quarterly dividend 4.7% to $0.22 from $0.21; +0.4% afterhours
MCP: Reports Q4 -$0.28 v -$0.29e, R$123.8M v $160Me; -2.3% afterhours
ASNA: Reports Q2 $0.23 v $0.20e, R$1.27B v $1.27Be; -6.2% afterhours
MDR: Reports Q4 -$1.37 v $0.16e, R$517.3M v $825Me; Ichthys subsea field development project “on schedule”; -9.5% afterhours
DISH: Disney, Dish enter into long-term agreement; financial details not disclosed
LMT: US Navy said to order 33 fewer F-35 fighter jets than planned in next 5-yr time due to budgetary pressures; F-35 incurred emergency landing in Japan – financial press’
C: Citigroup Inc. is confident the Banamex situation is a one-time thing.The firm’s chief financial officer told investors at a conference on Monday the alleged fraud that took place at the firm’s Mexican unit was an “isolated incident.” Guided lower on earnings as result of loss
*Israel aims to scuttle Iran deal and foment war
AIPAC and Friends Explain Themselves
With a little help from the Gray Lady
It is perhaps a sign of the weakening of the Israel Lobby after three significant defeats over the Chuck Hagel confirmation, bombing Syria and imposing new sanctions on Iran that the American Israel Public Affairs Committee (AIPAC) should be willing to crawl out from the shadows on and around Capitol Hill where it usually operates in an attempt to convince the public of the need to confront the Mullahs. And it is perhaps a reminder of its still considerable clout that the forum that it chose to argue its case was The New York Times, the “Gray Lady” of Times Square, America’s self-described “newspaper of record.”
I can’t recall the last time I saw an AIPAC op-ed in the Times, but I rather suspect it was some years ago. Far more common are the opinion pieces produced by those who are of a like mind but not directly associated with the organization, people like Joe Lieberman, John McCain, Bill Kristol, Admiral James Woolsey and John Bolton.
Bolton even has a website and a super PAC, which he describes grandiloquently as founded “…for one purpose: to send leaders to Washington who aren’t afraid to fight for the security and prosperity of our country both at home and abroad.” He is currently completely on message with AIPAC, soliciting funds because ”Iran is taking America to the cleaners. As Iranian warships steam through the Suez Canal heading for open waters of the Atlantic Ocean near the United States, we should be reminded of an important fact: Iran doesn’t fear the United States, our allies, or international sanctions. It fears no one. Iran’s recent actions are a clear message that they are feeling quite pleased with themselves and that they have broken through the West’s regime of sanctions and feel secure enough to project their power on a global scale… Friend, are you comfortable with the fact that Iran’s power is growing and America’s power is declining? I’m certainly not… Imagine this – if Iran completes its nuclear weapons program those ships in the Atlantic could be carrying nuclear tipped missiles. Its radical Islamic regime could park them off of New York, Boston or Washington and directly threaten American power and security.”
Bolton, who ignores the fact that Iran has a minuscule defense budget and third rate military capabilities, also includes a little survey for his supporters on the email version of his message denouncing Iran. One question/comment is priceless. It goes: “Negotiations over the future of Iran’s nuclear weapons program will either be futile, or, worse, will legitimize Iran’s drive for nuclear weapons. Either way, Iran will be just months away from making a deliverable nuclear weapon, or many more at a time of its choosing. Do you believe the United States should support Israel in preventing a nuclear Iran?” The correct response is “Sure John, let’s go kick some butt. Here’s my $100 contribution.” If you answer “no” it is undoubtedly regarded as a statistical anomaly. If you look for a question posing the real stumper, which is why and how a buffoon like Bolton was appointed United Nations Ambassador for the United States of America you will not find it. The correct answer is that it occurred during the administration of George W. Bush, which is also a statistical anomaly.
But back to AIPAC. The op-ed ”Don’t let up on Iran,” written by Michael Kassen and Lee Rosenberg, respectively president and chairman of the board of that organization, starts out with two lies in its very first sentence: “Like all Americans, we strongly hope that the Obama administration’s diplomatic efforts lead to the peaceful dismantling of Iran’s nuclear weapons program.” First of all, AIPAC has been dismissing diplomacy while urging the military option against Iran for years and second, even the US and Israeli governments agree that Iran does not in fact have a nuclear weapons program. Besides which, AIPAC on its website says something that is significantly different, demanding steps to “…prevent Iran from achieving a nuclear weapons capability” which is something Tehran already has technically speaking and is therefore a mandate for war. One might also question how Kassen and Rosenberg are quite “like all Americans” in that they work for an organization that is self-described as “America’s Pro-Israel Lobby,” but we’ll give that one a pass as three lies in one sentence would be too much even for the New York Times.
The op-ed proceeds in Boltonesque fashion, though not quite showing the exuberance of Iranian missile ships parked near Boston Harbor, to lay out the phony case for piling more sanctions onto Iran, an argument that goes something like this: sanctions brought Iran to the negotiating table in the first place so more sanctions will make them surrender completely. If that were true it would be the first time that sanctions have ever produced such a result. Far more often they have resulted in war and Iran has already given notice that it will pull out of discussions if it were to be further punished.
Given the AIPAC world view, there is no consideration of any give and take in the process to come up with a solution acceptable to both sides, just a “clear message” to Iran that “it will not achieve its objectives unless it satisfies ours.” And what are “ours?” They are apparently continuously expanding, having started with preventing Iran from having an actual bomb before becoming eliminating the capability to do so. They now also include consideration of Iran’s “long range ballistic missiles that could reach American military bases in the Middle East, as well as our ally Israel,” an assertion that incorporates another lie as Israel is not an American ally. It is a set of demands that is infinitely elastic enabling one to include contentious issues other than the existing nuclear program, designed to produce failure leading to exercise of the military option. And picking up on the Bolton line about imminent threat to the homeland, the authors note that Tehran “…has even dispatched warships to sail close to the maritime borders of the United States in the Atlantic Ocean.”
Kassen and Rosenberg call for the “clarity” provided by threatening Iran with more sanctions and international isolation so that the country will be forced “to recognize the stark implications of intransigence.” They recommend reaching that desired point by having Congress “outline the acceptable terms for a final accord” to include “at a minimum, the dismantling of its nuclear program,” maintenance of existing sanctions and a rigorous inspection scheme along the lines of the harshly punitive Nuclear Weapons Free Iran Act currently sponsored by Senators Mark Kirk and Robert Menendez.
Of course there would be a constitutional problem in having Congress (where AIPAC has nearly total control) run foreign policy, but Kassen and Rosenberg explain that “we must not allow Iran to dictate the appropriate role of Congress.” Much better if AIPAC does it, apparently, with the dynamic duo noting that 14,000 “Americans from all walks of life” will be carrying “this bipartisan message to Capitol Hill” as part of AIPAC’s annual Washington policy conference, which ends today with a speech by Israeli Prime Minister Benjamin Netanyahu. Washington power brokers did indeed turn out in large numbers, together with their media and punditry accomplices. AIPAC still has the power to break politicians who go off message and one can expect that when Israeli Prime Minister Benjamin Netanyahu takes the podium there will be a replay of the Stalinist Supreme Soviet gatherings where everyone was afraid to be the first to stop clapping. The message from Netanyahu, from AIPAC, and possibly even from The New York Times will be “Don’t let up on Iran.”
The former head of the BBC runs the NYT. British-Israel’s premier propaganda publication. The lied the nation into war with Iraq for London, they will do it again. Down with the NYT and all the people therein.
*Jewish Central Banker illegally trying to run Ukraine
These neo-Nazis are highly paid mercenary actors and soldiers. These are the ‘alternative’ rulers the Nazi’s are supporting making them Zio-Nazi’s I suppose.
The IMF, as an organized arm of Jewish banking, has two jackboots. Alternately they trample on the people. They work in a coordinated cadence.
First the left jackboot reels out the credit and hooks the impoverished and desperate borrower on the credit bait.
This is the loan phase. It’s a soft kick with honey-coated poison as its bait.
When the debtors, like Ukraine, abandoning help from Christian Putin, can’t service the debt, they reel them in with the right jackboot of austerity, cutting pensions and social services, devaluation of currency, higher taxes and utilities, foreclosure and privatization.
This is the looting phase. Inflation and recession don’t cause loss. They cause transfer to Jews.
That’s how the looting begins, with a head of State begging for money who is soon handeda restructuring agreement, pre-drafted for ‘voluntary’ signature.
“Don’t panic!” IMF’s Gentile window dressing LaGarde assured Yatz the Yid. “We’re going to come and help you!”
Yatsenyuk has already initiated IMF’s “help,” that is, “looting,” by imposing limits on cash withdrawals to $1400 a day on checking accounts and $335 a day on ATM withdrawals. Asneak-preview of “bail ins” HAS begun.
With enslavement guaranteed, one asks, “What will the IMF target for looting?”
“If there is a direct threat to our national interests we will defend ourselves,” said the National Security Council upon issuance of the Doctrine.
Indeed, there IS a threat to Russia’s national interests in Ukraine. Nuland’s JewSA wants to weaken Russia’s regional and global influence via a three-pronged attack:
1) Bring Ukraine’s Eastern industries—economically tied to Russia—into IMF’s clutches; 2) Cancel Russia’s lease of its Black Sea Fleet in Crimea’s Sevastopol warm water port, cutting off Russia’s access to the Mediterranean; 3) Install a NATO base in its place.
First of all, Eastern Ukraine’s industries are inextricably linked to Russia’s Military Industrial Complex supporting their military bases.
Second, Yats The Yid’s deputy prime minister just called for the cancellation of Russia’s lease, known as the Kharkiv Agreements.
Putin will not allow this to happen. His warm water access to Iran, Syria, and Egypt depends on it. He’s acting fast, catching the JewSA with its pants down as he did in South Ossetia in 2008.
Both houses of Russia’s parliament, The Federation Council, has unanimously (even his political enemies) granted Putin the authority to deploy Russian troops into Crimea where themajority are loyal Russian Orthodox Christians.
The Council is apparently enraged with Obama’s veiled threats to further destabilize Ukraine and that if Russia uses military force it would “pay the costs.”
Before the vote took place, Russian senators said that Obama had threatened Russia and insulted the Russian people. They demanded that Putin recall the Russian ambassador to the USA.
Not only are Putin’s political enemies rallying behind him to protect Russia’s economic, military, and social interests in Crimea, but even Ukraine’s Navy Flag Ship is siding with Russia. The ship has hoisted the Flag of St Andrew, the ensign of the Russian Navy.
NULAND’S LITTLE YID …”Yatz”…is wetting his pants. His request to Turkey to stop the ship en route to Sevastopol, went unheeded. To add insult to the Yid’s injury, the entire Ukraine Navy Command resigned.
Kiev’s illegitimate ‘acting president’ made a BIG mistake in sacking Admiral Yuri Ilyin as Chief of Staff. The Navy struck back.
Apparently, they don’t want JEWS ruling and looting their country…and Putin WILL protect Russia’s interests against the designs of the Jew-ruled West.
Bravo Vladimir Putin! Protector of Christians worldwide!
*Tune Out the War Party!
With Vladimir Putin’s dispatch of Russian troops into Crimea, our war hawks are breathing fire. Russophobia is rampant and the op-ed pages are ablaze here.
Barack Obama should tune them out, and reflect on how Cold War presidents dealt with far graver clashes with Moscow.
When Red Army tank divisions crushed the Hungarian freedom fighters in 1956, killing 50,000, Eisenhower did not lift a finger. When Khrushchev built the Berlin Wall, JFK went to Berlin and gave a speech.
When Warsaw Pact troops crushed the Prague Spring in 1968, LBJ did nothing. When, Moscow ordered Gen. Wojciech Jaruzelski to smash Solidarity, Ronald Reagan refused to put Warsaw in default.
These presidents saw no vital U.S. interest imperiled in these Soviet actions, however brutal. They sensed that time was on our side in the Cold War. And history has proven them right.
What is the U.S. vital interest in Crimea? Zero. From Catherine the Great to Khrushchev, the peninsula belonged to Russia. The people of Crimea are 60 percent ethnic Russians.
And should Crimea vote to secede from Ukraine, upon what moral ground would we stand to deny them the right, when we bombed Serbia for 78 days to bring about the secession of Kosovo?
Across Europe, nations have been breaking apart since the end of the Cold War. Out of the Soviet Union, Czechoslovakia and Yugoslavia came 24 nations. Scotland is voting on secession this year. Catalonia may be next.
Yet, today, we have the Wall Street Journal describing Russia’s sending of soldiers to occupy airfields in Ukraine as a “blitzkrieg” that “brings the threat of war to the heart of Europe,” though Crimea is east even of what we used to call Eastern Europe.
The Journal wants the aircraft carrier George H. W. Bush sent to the Eastern Mediterranean and warships of the U.S. Sixth Fleet sent into the Black Sea.
But why? We have no alliance that mandates our fighting Russia over Crimea. We have no vital interest there. Why send a flotilla other than to act tough, escalate the crisis and risk a clash?
The Washington Post calls Putin’s move a “naked act of armed aggression in the center of Europe.” The Crimea is in the center of Europe? We are paying a price for our failure to teach geography.
The Post also urges an ultimatum to Putin: Get out of Crimea, or we impose sanctions that could “sink the Russian financial system.”
While we and the EU could cripple Russia’s economy and bring down her banks, is this wise? What if Moscow responds by cutting off credits to Ukraine, calling in Kiev’s debts, refusing to buy her goods and raising the price of oil and gas?
This would leave the EU and us with responsibility for a basket-case nation the size of France and four times as populous as Greece. Are Angela Merkel and the EU ready to take on that load, after bailing out the PIIGS – Portugal, Ireland, Italy, Greece and Spain?
If we push Russia out of the tent, to whom do we think Putin will turn, if not China?
This is not a call to ignore what is going on, but to understand it and act in the long-term interests of the United States.
Putin’s actions, though unsettling, are not irrational.
After he won the competition for Ukraine to join his customs union, by bumping a timid EU out of the game with $15 billion cash offer plus subsidized oil and gas to Kiev, he saw his victory stolen.
Crowds formed in Maidan Square, set up barricades, battled police with clubs and Molotov cocktails, forced the elected president Viktor Yanukovych into one capitulation after another, and then overthrew him, ran him out of the country, impeached him, seized parliament, downgraded the Russian language, and declared Ukraine part of Europe.
To Americans this may look like democracy in action. To Moscow it has the aspect of a successful Beer Hall Putsch, with even Western journalists conceding there were neo-Nazis in Maidan Square.
In Crimea and eastern Ukraine, ethnic Russians saw a president they elected and a party they supported overthrown and replaced by parties and politicians hostile to a Russia with which they have deep historical, religious, cultural and ancestral ties.
Yet Putin is taking a serious risk. If Russia annexes Crimea, no major nation will recognize it as legitimate, and he could lose the rest of Ukraine forever. Should he slice off and annex eastern Ukraine, he could ignite a civil war and second Cold War.
Time is not necessarily on Putin’s side here. John Kerry could be right on that.
But as for the hawkish howls, to have Ukraine and Georgia brought into NATO, that would give these nations, deep inside Russia’s space, the kind of war guarantees the Kaiser gave Austria in 1914 and the Brits gave the Polish colonels in March 1939.
Those war guarantees led to two world wars, which historians may yet conclude were the death blows of Western civilization.
- Robin Williams tells us something about the Williams family
-Obama tells Israel to cooperate on Peace talks or its on its own..
at least that is what is reported.
-Radiation in current storm..
15 urads/hr. Much better.
-WASP Congress Persons and Elite Jews target Obama for not doing the Royal will. Crazy John McCain WASP gang, and their bankers.
Crazy John McCain Commends Jews for their blood and oil lust in Syria
-Russia says China on board over its actions in Ukraine; Beijing less forthright
-Putin/Russia versus Merkel/Prince Charles/Butler Obama
Feckless war mongering criminal Anglozionists!!
Don’t forget Prince Charles’ recent promotion to the Supreme Military Commander of the UK and the Commonwealth. He just does not officially command the USA military except through his butler and stooge Obama and the Anglozionist High Command of the Pentagram, aka Pentagon in Washington DC
-Why Prince Charles and Europe have Americans/Canadians fight all their wars
Here’s what the EU has to offer the Ukraine. Sick puppies, rabid dogs. Worthy of damnation for denying the natural order. Perverse, satanic. Sodom and Gomorrah.
Cross dressers, LGBTs, feminists, paedophiles don’t win wars, Tammy Duckworth!!
One young man took to the streets in little more than a silver thong and a ripped t-shirt during the pub crawl in Nottingham
-Maybe the Ukraine should balance its budget by merging with Russia and letting them keep the Tartar-Zionist-Nazi hoards away
Not much left of the Ukraine’s Tanks
-The fires of hell begin to flicker around Number 10 Downing Street
and the underground passages that lead to Buckingham Palace where the victims are carried hither to and fro.
This won’t make Alex Jones (ABC), Jeff Rense(CBS) or Matt Drudge (NBC).
Paedophile Oxford-educated Patrick Rock comes from a noble background.
Even looks like Matt Drudge, the Jew. The English are hebraics. Get over your naivete and brainwashing.
Patrick Rock has been closely involved in drawing up Government policy on internet porn filters. He quit after the Prime Minister learned he was at the centre of a police probe over images of child abuse. Detectives from the National Crime Agency searched No 10 and examined IT systems and offices used by Mr Rock, deputy director of the Downing Street policy unit….