Ukraine

Tyler Durden's picture

Merkel Slams US Hegemony? "America Can't Solve All The World's Problems Anymore"





First Russia and China, then UAE, Egypt, and Turkey... and now it appears Germany (following a phone call with Putin) is pulling the rug out from under US hegemony - just as Obama's warmongery ramps up...

*MERKEL SAYS U.S. CAN'T SOLVE ALL THE WORLD'S PROBLEMS ANYMORE

Which is odd because just yesterday, President Obama (who never lies) stated "The United States is and will remain the one indispensable nation in the world..." adding that "no other nation can do what we do." Perhaps he is wrong?

 
testosteronepit's picture

Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse”





The “faster rotating sanctions spiral with Russia” causes worst plunge in the history of the German consumer index.

 
Tyler Durden's picture

NATO Canada Has A Message For Russian Soldiers





NATO Canada tweeted: "Geography can be tough. Here’s a guide for Russian soldiers who keep getting lost & 'accidentally' entering Ukraine"

 
Tyler Durden's picture

Ukraine Accuses Russia Of Imminent Gas Cut-Off, Russia Denies, Germans Anxious





So much for the Russia-Ukraine talks bringing the two sides together as even Germany's Steinmeier could only say it's "hard to say if breakthrough made." Shortly after talks ended, Ukrainian Premier Yatsenyuk stated unequivocally that "we know about the plans of Russia to cut off transit even in European Union member countries," followed by some notably heavy-on-the-war-rhetoric comments. The Russians were quick to respond, as the energy ministry was "surprised" by his statements on Ukraine gas transits and blasted that comments were an "attempt at EU disinformation."

 
Tyler Durden's picture

ECB Hires Blackrock For ABS-Buying Advice; Crushes Idea Of Upcoming QE





Just in case futures buying algos forgot what the regurgitated "catalyst" that activated the overnight ramp was, the ECB was kind enough to remind everyone that the main event over the past 12 hours was the Deutsche Bank leak that while the ECB will not announce outright QE any time soon, thus denying the rumor spread in the past weak by the likes of Citi and JPM, the formerly preannounced and thus already priced-in (by the EURUSD which was about to take out 1.40 a few months ago) ABS purchase program, or as DB called it "private QE" is about to be unleashed. The ECB confirmed this earlier this morning when it announced that it had appointed BlackRock, the world’s biggest money manager, to advise on developing a program to buy asset-backed securities.  In other words, Europe's largest public-sector hedge fund has just hired the world's largest private-sector hedge fund to "fix things."

 
Tyler Durden's picture

Frontrunning: August 27





  • Islamic State executes soldiers, takes hostages at Syria base (Reuters)
  • Buffett Burger King Funds Flip Obama’s Inversion Calculus (BBG)
  • Equities Reach Record $66 Trillion as S&P 500 Hits 2,000 (BBG)
  • Central Banks Playing Own Version of Plaza-opoly With FX (BBG)
  • Russia court closes McDonald's branch for 90 days (Reuters)
  • Finland Says NATO an Option After Russia ‘Violates’ Border Laws (BBG)
  • Netanyahu Hit With Domestic Criticism Over Gaza Truce (BBG)
  • Biggest Danish Fund Readies for Rate Shock as Exit Narrows (BBG)
  • Nonprofit Hospitals' Profits Fall (WSJ)
 
Tyler Durden's picture

More Bad News Out Of Europe Coupled With Hopes For More QE Push Stocks, Bonds Higher





If the big hope propelling both ES and S&P cash over 2,000 was the Ukraine-Russian talks, leading to some de-escalation and a thawing of Russian-German conditions, then it was clearly a dud. As the WSJ reports, "face-to-face talks between the Russian and Ukrainian presidents failed to produce a breakthrough for ending the conflict over eastern Ukraine, as Kiev released videos of captured Russian soldiers and rebels pushed toward a government-held city. The one-on-one session, which Ukraine's President Petro Poroshenko described as "tough and complex," ended early Wednesday after a day of talks on the crisis in the Belarusian capital of Minsk. Mr. Poroshenko said afterward that he would prepare a "road map" toward a possible cease-fire with the pro-Russia separatists." In other words, absolutely no progress. There was however escalation, when overnight the September Bund future rose as much as 36 ticks to 151.18, after Poland PM Tusk said “regular” Russian troops are operating in eastern Ukraine. And so we are back to square one, with concerns over Russia pushing European bonds to new record highs, in turn leading to more US Treasury buying, while a brand new rumor of more easing from the ECB, this time by Deutsche Bank, has propped up European equities, which like US futures are trading water around the critical 2000 level.

 
GoldCore's picture

Currency Wars - Russia Not Declaring All Gold Reserves To IMF?





The latest IMF data also shows that in July, the National Bank of Kazakhstan added 45,000 ounces to its official gold reserves, taking its total holding to 5.1 million ounces. As well as Kazakhstan, other countries in the region have also actively been increasing official gold reserves this year including Azerbaijan, Kyrgyzstan and Tajikistan. Currency wars are set to intensify in the coming months.

 
Capitalist Exploits's picture

How Putin Just Saved Europe, and Other Geopolitical Tales





With Europe and the US on one side, and Russia and China on the other, the saying, "The enemy of my enemy is my friend" could best describe the current geopolitical situation

 
Tyler Durden's picture

Ukraine's Poroshenko "Optimistic" Over EU Deal, Putin Warns Of Consequences





When two of the richest presidents in the world currently met this morning in Minsk, the tensions was palpable. As Poroshenko (net worth ~$1.3 bn) and Putin (~$440bn) prepared for talks, the threats, promises, and hopes were everywhere...

*POROSHENKO SAYS 'OPTIMISTIC' ABOUT TODAY'S MEETINGS IN MINSK, INTERESTED IN EU, CUSTOMS UNION AGREEMENTS

But Vladimir Putin - having reminded everyone that Russian capital represents 32% of the Ukraine banking system (threat or statement?) warned any EU association pact may force Russia to scrap trade preferences.

 
Tyler Durden's picture

Ukraine Releases Video Of Captured Russian Troops; They "Entered Accidentally" Russia Claims As Putin-Poroshenko Meeting Begins





A Moscow military source told Russian news agencies that a group of soldiers had surrendered to Ukrainian forces after crossing the border by accident. Needless to say, Ukraine didn't buy it: "This wasn't a mistake, but a special mission they were carrying out," military spokesman Andriy Lysenko said in a televised briefing. Russian news agencies quoted a defence ministry source as confirming that Russian servicemen had crossed into Ukraine but saying they did so inadvertently.  "The soldiers really did participate in a patrol of a section of the Russian-Ukrainian border, crossed it by accident on an unmarked section, and as far as we understand showed no resistance to the armed forces of Ukraine when they were detained," the source said.

 
Tyler Durden's picture

Frontrunning: August 26





  • That will teach the UAE who's boss: U.S. Won’t Consult Syria on Militant Strikes: White House (BBG)
  • Putin Set to Meet Poroshenko as Ukraine Tensions Escalate (BBG)... but the de-escalation algo?
  • Tim Hortons’ Canadian Fans Squeamish of American Hookup (BBG)
  • Israeli air strikes target more Gaza high-rises (Reuters)
  • How Steve Ballmer Became a Rookie Basketball Mogul (WSJ)
  • Buffett to Help Finance Burger King Tax-Saving Deal (BBG)
  • U.S. Factories Keep Losing Ground to Global Rivals (WSJ)
  • Boehner, Camp Profit From Corporate Bid to Avoid U.S. Tax (BBG)
  • Experimental U.S. hypersonic weapon destroyed seconds after launch (Reuters)
  • The Neo-Neocons (WSJ)
 
Tyler Durden's picture

De-Escalation Algo Pushes Futures To Overnight Highs





It is unclear exactly why stock futures, bonds - with European peripheral yields hitting new record lows for the second day in a row - gold, oil and pretty much everything else is up this morning but it is safe to say the central banks are behind it, as is the "de-escalation" algo as a meeting between Russia and Ukraine begins today in Belarus' capital Minsk. Belarusian and Kazakhstani leaders will also be at the summit. Hopes of a significant progress on the peace talks were dampened following Merkel’s visit to Kiev over the weekend. The German Chancellor said that a big breakthrough is unlikely at today’s meeting. Russian FM Lavrov said that the discussion will focus on economic ties, the humanitarian crisis and prospects for a political resolution. On that note Lavrov also told reporters yesterday that Russia hopes to send a second humanitarian aid convoy to Ukraine this week. What he didn't say is that he would also send a cohort of Russian troops which supposedly were captured by overnight by the Ukraine army (more shortly).

 
Tyler Durden's picture

The 'Sunni Turn' Against The 'Shiite Crescent': How The Strategic Stupidity Of Washington (And Its Allies) Created ISIS





The Islamic State in Syria (ISIS) is being touted as the newest “threat” to the American homeland. We are told by everyone from the President on down that if we don’t attack them – i.e. go back into Iraq (and even venture into Syria) to root them out – they’ll soon show up on American shores. ISIS didn’t blast Sykes-Picot to pieces: we did, and now we must live with the consequences. Nemesis has taken her pound of flesh. The best course now is to learn the lesson every child has to absorb before he can attain adulthood in more than merely a physical sense: actions have consequences. Applied to the Middle East, this lesson can only have one meaning: stay out and keep out.

 
Tyler Durden's picture

Sanctions Costs: German Exports To Russia Collapse, "Risk 50,000 Jobs"





Just a month ago, Germany's powerful business lobby threw its weight behind tougher sanctions against Russia (dropping its previous objections). It appears they are now regretting that decision. As The Federation of German Industry (BDI) reports today, exports to Russia in H1 2014 dropped 15.5% from 2013 and "may drop by as much as 25% - posing a risk to 50,000 German jobs." We are sure, as Zee Germans look across the pond at the S&P 500 hitting record highs, BDI's conviction that Russia's action must face significant consequences may just fall apart again.

 
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