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Obama Threatens More Sanctions Against Zimbabwe Over Russian-Platinum Deal

Tyler Durden's picture




 

As Martin Armstrong exclaims, Obama is out of control. According to NewZimbabwe.com, Washington has said it will accelerate sanctions imposed against Harare in 2003, due to the Robert Mugabe-led government's closer ties with Russia over the US$3 billion Darwendale platinum project. Herald columnist Nathaniel Manheru (who is thought to be Mugabe's spokesman), reported, Washington explained its expectations on Zimbabwe, namely that Zimbabwe was expected (read required) to support those sanctions by avoiding any association with companies sanctioned by the Americans and their Western allies, or their subsidiaries or affiliates. Manheru said "it was ridiculous for the US to refuse to lift sanctions against Harare and then demand support for its measures against Moscow... This is where I am tempted to tell the American government to go and hang, hang on a banana tree, bums up."

Via AllAfrica.com,

The United States has reportedly warned Zimbabwe about its growing economic dealings with Russia after Harare recently sealed an agreement with Moscow for a US$3billion platinum mine.

 

According to Herald columnist Nathaniel Manheru, who is thought to be President Robert Mugabe's spokesman George Charamba, the Obama administration threatened further sanctions against Zimbabwe over its ties with Russia.

 

...

 

Zimbabwe's Pen East Investments has teamed up with Afronet, a consortium of three Russian partners, to form Great Dyke Investments, which is developing the US$3 billion Darwendale platinum project.

 

At full development in 2024, the mine will produce 800,000 platinum ounces, pushing Zimbabwe's output over one million ounces, and create 8,000 jobs.

 

Russian foreign minister Sergey Lavrov visited Zimbabwe last month to conclude the deal with President Robert Mugabe.

 

However, according to Manheru, the deal could see Washington hit Harare with further sanctions.

Wrote Manheru in the Saturday Herald:

"A week or two ago, the US government, through its local embassy, sent an official communication to the Zimbabwean Government, listing the full measure of sanctions the West, led by America, have slapped on Russia.

 

"The communication went further.

 

"It spelt out American expectations on Zimbabwe, namely that Zimbabwe was expected (read required) to support those sanctions by avoiding any association with companies sanctioned by the Americans and their Western allies.

 

"Or their subsidiaries or affiliates.

 

"And . . . yes you guess right, that targets the new US$3bn-plus platinum investment by the Russians at Darwendale! It (Zimbabwe) should not proceed or else we are under sanctions."

The US imposed sanctions against Zimbabwe in 2003, accusing Mugabe of human rights abuses and electoral fraud. Harare denies the allegations, insisting the sanctions were meant to punish the country's land reforms.

Obama's administration has ignored calls by Mugabe to remove the sanctions which the veteran leader blames for bringing Zimbabwe's economy to its knees.

Manheru said it was ridiculous for the US to refuse to lift sanctions against Harare and then demand support for its measures against Moscow.

He wrote:

"America then invites sanctioned Zimbabwe to support sanctions against Russia, itself a bird of the same feather!

 

"Oh America!

 

"This is where I am tempted to tell the American government to go and hang, hang on a banana tree, bums up."

As Martin Armstrong concludes,

Obama is Out of Control

 

Obama is attempting to impose his own rule of law over the entire world – my way or highway. He has no such constitutional authority and this guy who misses most of his daily briefings as Fox News reported, and countless others.

 

I am not kidding. This is precisely how Athens fell. It dictated to all its allies and one by one they turned against Athens and joined Sparta. Sparta was a virtual communist state and Athens was a state in a battle swinging back and forth between oligarchs and democracy.

*  *  *

Making friends and isolating people...

 

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Mon, 10/06/2014 - 13:42 | 5295015 IronShield
IronShield's picture

Obama the clueless!

Mon, 10/06/2014 - 13:49 | 5295059 Zhuge Liang
Zhuge Liang's picture

when Zimbabwe laughs openly at the U.S., you know the U.S. collapse is near...

Mon, 10/06/2014 - 13:52 | 5295080 7.62x54r
7.62x54r's picture

Go long Zimbabwe Dollars.

Mon, 10/06/2014 - 14:05 | 5295173 DoChenRollingBearing
DoChenRollingBearing's picture

Or maybe go long Stillwater Mining, (ticker: SWC), America's platinum and palladium mine located in Montana.  A very small player though.

Mon, 10/06/2014 - 14:27 | 5295193 y3maxx
y3maxx's picture

...More Proxy War War 3 Showdown....Russia will blow Up Qatar to bits.

Mon, 10/06/2014 - 14:27 | 5295278 0b1knob
0b1knob's picture

< Thas ray cyst.

< Obama's idea of a fun time with Rahm Emmaneul.

 

go and hang, hang on a banana tree, bums up.

Mon, 10/06/2014 - 14:55 | 5295413 Anusocracy
Anusocracy's picture

Hopefully, the US will have its Thelma and Louise moment soon.

Mon, 10/06/2014 - 16:47 | 5296025 JohnnyBriefcase
JohnnyBriefcase's picture

I love watching powerfags try to flex their muscle and cry when everyone else laughs at them.

It makes my day.

Mon, 10/06/2014 - 15:01 | 5295453 Atomizer
Atomizer's picture

Glad to see you back on ZH. Thanks for stopping by MB last week. It was a pleasure to finally meet you. Mrs Atomizer thinks very highly of you. 

Mon, 10/06/2014 - 16:24 | 5295943 DoChenRollingBearing
DoChenRollingBearing's picture

 

 

Very kind, we BOTH know who the better halves are...  

:)

Mon, 10/06/2014 - 15:31 | 5295647 angel_of_joy
angel_of_joy's picture

Go long Zimbabwe Dollars.

I have about 200 trillions of them, somewhere in a drawer. Nice colors and paper too...

Mon, 10/06/2014 - 13:54 | 5295112 pods
pods's picture

Don't they have the internets in Z?

Guy could have come up with a more Western friendly quip:

"Your mother was a hamster and your father smelled of elderberries!"

pods

Mon, 10/06/2014 - 14:22 | 5295241 atomicwasted
atomicwasted's picture

I find his quip charming, and also find myself in general agreement!

Mon, 10/06/2014 - 14:28 | 5295280 Postal
Postal's picture

Pods, you kill me. Not even my perverted brain can untangle some of the stuff you post. Thanks. :)

Mon, 10/06/2014 - 14:31 | 5295289 Antifaschistische
Antifaschistische's picture

...or a more American PC (give me gay marriage) name...like "Great Dyke Investments"

 

Mon, 10/06/2014 - 16:32 | 5295973 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

No kidding. I can only hope it was a misspelling of "Dike". "Have you met our new sales reps Alexa, Pat and Layne? They're all wearing plaid shirts, have shorter hair than you and can likely bench press a VW."

Mon, 10/06/2014 - 15:56 | 5295808 forensicator
forensicator's picture

Or @pods, I fart in your general direction!

Mon, 10/06/2014 - 14:06 | 5295170 GeezerGeek
GeezerGeek's picture

A decade or so back in time I read a PDF that was purported to come from some official with Zimbabwe's central money-creation ministry. This was about the time Zimbabwe was just entering into its bout with hyperinflation. The PDF was a tome wherein the official was congratulating the US on following in the money-printing footsteps of Zimbabwe. I wish I'd kept a copy, because it did not appear to be a joke based on the way it was written.

Mon, 10/06/2014 - 15:14 | 5295541 asiafinancenews
asiafinancenews's picture

Yup ... right after China.

Mon, 10/06/2014 - 13:50 | 5295060 Keyser
Keyser's picture

I'm waiting on the sanctions against the US to be announced... 

Mon, 10/06/2014 - 13:56 | 5295063 thunderchief
thunderchief's picture

Go Hang Comex!
You've got to love that line, its so much more fun than fuck off.

Mon, 10/06/2014 - 13:49 | 5295068 NotApplicable
NotApplicable's picture

More like "Armstrong the Clueless."

Exactly why does he choose to help animate puppets again?

Mon, 10/06/2014 - 13:56 | 5295120 Anarchy 99
Anarchy 99's picture

you're full of crap......as usual!

Mon, 10/06/2014 - 15:05 | 5295474 Anusocracy
Anusocracy's picture

I'm not sure I understand the gist of your comment.

Mon, 10/06/2014 - 15:20 | 5295562 Atomizer
Atomizer's picture

Your posting has been down voted as non applicable. 

It's all fun and games until the Zerohedge crew rips you a new asshole. Chuckles. 

Mon, 10/06/2014 - 13:50 | 5295075 7.62x54r
7.62x54r's picture

Princess Obama the Petulant.

Mon, 10/06/2014 - 13:55 | 5295124 williambanzai7
williambanzai7's picture

Mon, 10/06/2014 - 14:17 | 5295226 NoDebt
NoDebt's picture

I think I speak for everyone when I say you absolutely nailed it with that one, WB.  

Mon, 10/06/2014 - 14:34 | 5295306 hotrod
hotrod's picture

HILLARIOUS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mon, 10/06/2014 - 14:50 | 5295389 SteveNYC
SteveNYC's picture

Nice work WB. I'm sure Putin is shitting himself: http://rt.com/news/193604-russia-nuclear-capacity-start/

Mon, 10/06/2014 - 14:34 | 5295318 drendebe10
drendebe10's picture

obamy probably has a tiny weenie 

Mon, 10/06/2014 - 16:00 | 5295819 forensicator
forensicator's picture

Perhaps they can grow him a real one like Michele's http://www.dailymail.co.uk/health/article-2782050/The-penises-grown-lab-...

Mon, 10/06/2014 - 13:42 | 5295023 LawsofPhysics
LawsofPhysics's picture

Wait what?  I thought the U.S. (and especially the democrats) were not isolationists...

yeah, yeah, I know... red=blue, full faith and credit etc.

Mon, 10/06/2014 - 13:58 | 5295137 Kinskian
Kinskian's picture

Economic sanctions against non-compliant African countries is okay...stopping Ebola flights out of Africa is inhumane and counterproductive. A Spanish nurse has tested positive for Ebola....first non-African hospital infection. 

Mon, 10/06/2014 - 13:59 | 5295140 GeezerGeek
GeezerGeek's picture

...backed by the full faith and credit of an organization $17 trillion in debt.

Long ago I chuckled while standing in front of a teller in a bank. She inquired into my mirth, and I explained, while pointing at the FDIC sign, that they were being backed by a government some $5 trillion in debt, which seemed to me like not something to boast about. Consternation flashed across her face briefly before she asked if there was anything else she could help me with.

Mon, 10/06/2014 - 14:09 | 5295182 suteibu
suteibu's picture

She simply could not find a point of reference to what you were saying.  It is likely when you left, she turned to the next teller and asked, "What the fuck was that guy talking about?"

That wasn't consternation on her face, it was complete bewilderment.

Mon, 10/06/2014 - 14:15 | 5295209 Oldrepublic
Oldrepublic's picture

Probably filed a SAR report on the guy

Mon, 10/06/2014 - 13:44 | 5295024 Son of Captain Nemo
Son of Captain Nemo's picture
"Obama Threatens More Sanctions Against Zimbabwe Over Russian-Platinum Deal"...

Ah yes...

No wonder we've seen the price of platinum dropping like a rock along with palladium these last few trading sessions?!!!

Mon, 10/06/2014 - 13:47 | 5295053 7.62x54r
7.62x54r's picture

Metal is on sale!

The more the retards keep puking the price, the more I can buy.

$16 in 2014 currency for silver? Jebus. It's fucking on sale. It's like selling silver dollars for 75 cents.

Mon, 10/06/2014 - 14:03 | 5295162 Son of Captain Nemo
Son of Captain Nemo's picture

The more the retards keep puking the price, the more I can buy.

So true.  But if you just happen to be one of those Zimbabwe miners that has mouths to feed, and who's company will probably shut down because the cost of production exceeds the artificial paper price that the corrupt Western banks control -that they think they can own outright forcing them to go belly up it's a hardship beyond compare!

Thanks to the likes of Russia and China the COMEX will fail miserably in this 3 year experiment in price control just like they are in energy!

Mon, 10/06/2014 - 13:46 | 5295038 Emergency Ward
Emergency Ward's picture

Why does Obama hate Africans?

Mon, 10/06/2014 - 13:51 | 5295091 GeezerGeek
GeezerGeek's picture

They're not (yet) able to vote for him, so why not?

Mon, 10/06/2014 - 15:33 | 5295660 tony wilson
tony wilson's picture

why does obarme hate arabs,africans,muslims and all honky goy?

cos he like the qatari and the house of saud like bandar,sisi of egypt and dog erdogan the filthy turk rapist.

they hate cos they all are nazi jews

simple

Mon, 10/06/2014 - 13:47 | 5295041 KidHorn
KidHorn's picture

Can someone explain why we are so hell bent on provoking Russia? I thought them becoming an ally after the Berlin wall coming down was a great thing. What's the purpose of throwing it all away?

Mon, 10/06/2014 - 13:48 | 5295054 NotApplicable
NotApplicable's picture

Petrodollar hegemony. See Brzezinski's "Grand Chessboard."

Mon, 10/06/2014 - 13:59 | 5295143 replaceme
replaceme's picture

I saw this on The Big Lebowski - "Lenin - who benefits?".  I am the Walrus.  Shut up, Donny.  It got confusing after that, but who benefits - US v USSR, what is the win there, for whom?  Saudis? 

Mon, 10/06/2014 - 13:47 | 5295044 SHEEPFUKKER
SHEEPFUKKER's picture

Bring back the 17 trillion dollar platinum coin!! Or wait, it's nearly 18 trillion now.....or however many trillion you think the total debt is at this point. 

Mon, 10/06/2014 - 13:47 | 5295056 Bumbu Sauce
Bumbu Sauce's picture

Dats rayciss.

Mon, 10/06/2014 - 13:49 | 5295058 ebworthen
ebworthen's picture

"...hang on a banana tree, bums up."

Apropos for a banana republic like the U.S.

Mon, 10/06/2014 - 13:50 | 5295061 i_call_you_my_base
i_call_you_my_base's picture

Military advisors for rebel groups to follow.

Mon, 10/06/2014 - 13:49 | 5295062 GeezerGeek
GeezerGeek's picture

Apparently someone in Zimbabwe agrees that the USSA is a banana republic. Why else say he wants to " tell the American government to go and hang, hang on a banana tree, bums up."

Perfect: use a banana tree to hang the perps in charge of the banana republic. And about that "bums up" part...what does Reggie think?

Mon, 10/06/2014 - 13:56 | 5295117 7.62x54r
7.62x54r's picture

Reggie: "Hawt ... "

Mon, 10/06/2014 - 14:25 | 5295266 CrazyCatLady
CrazyCatLady's picture

Banana trees are rather limp when it comes down to it.  I think a hardwood would be better.  Jus sayin'

Mon, 10/06/2014 - 13:50 | 5295066 JustObserving
JustObserving's picture

How to win friends and influence people by Barack Hussein Obama, Nobel Prize Winner

Mon, 10/06/2014 - 14:03 | 5295163 InflammatoryResponse
InflammatoryResponse's picture

"How to win friends and influence people by Barack Hussein Obama, Nobel PEACE Prize Winner"

 

Fixed that for you there JustO

 

:)

 

 

Mon, 10/06/2014 - 13:51 | 5295073 Reaper
Reaper's picture

Obama Disgustus issued a decree that all the world was to obey.

Mon, 10/06/2014 - 13:51 | 5295078 beegle
beegle's picture

First ebola case un Madrid , one of the doctors treating the priest that came from Liberia , tested positive , just out ... 

Mon, 10/06/2014 - 14:38 | 5295331 Kinskian
Kinskian's picture

The second Spanish priest died on the 24th of Sept. This nurse has been feeling off for a few days and presents fever after 11 days from last possible exposure. Our CDC is already releasing some of Duncan's close contacts from quarantine.

Mon, 10/06/2014 - 14:53 | 5295401 Winston Churchill
Winston Churchill's picture

That 5/6 days average for the onset of symptoms is in African natives.

Its way too early to be clearing contacts here IMO.

Mon, 10/06/2014 - 13:52 | 5295079 DiagonalViews
DiagonalViews's picture

It is impossible to screw up Zim anymore than it already is... Mugabe won't feel a thing..

Mon, 10/06/2014 - 13:52 | 5295082 NoDecaf
NoDecaf's picture

What strange times indeed, when I find myself agreeing with the likes of Mugabe.

Mon, 10/06/2014 - 13:52 | 5295084 Perimetr
Perimetr's picture

"Political Science"

https://www.youtube.com/watch?v=xCim7mmLWRA

No one likes us-I don't know why
We may not be perfect, but heaven knows we try
But all around, even our old friends put us down
Let's drop the big one and see what happens

We give them money-but are they grateful?
No, they're spiteful and they're hateful
They don't respect us-so let's surprise them
We'll drop the big one and pulverize them

Asia's crowded and Europe's too old
Africa is far too hot
And Canada's too cold
And South America stole our name
Let's drop the big one
There'll be no one left to blame us

We'll save Australia
Don't wanna hurt no kangaroo
We'll build an All American amusement park there
They got surfin', too

Boom goes London and boom Paree
More room for you and more room for me
And every city the whole world round
Will just be another American town
Oh, how peaceful it will be
We'll set everybody free
You'll wear a Japanese kimono
And there'll be Italian shoes for me

They all hate us anyhow
So let's drop the big one now
Let's drop the big one now

Mon, 10/06/2014 - 13:52 | 5295085 Rock On Roger
Rock On Roger's picture

So exceptional.

 

All Hail USA!

Mon, 10/06/2014 - 13:52 | 5295095 jubber
jubber's picture

Obama even makes Mugabe look like a genius

Mon, 10/06/2014 - 13:52 | 5295097 buzzsaw99
buzzsaw99's picture

it's worse than that. those maggots are fucking over people both inside AND outside the country. beyond hubris. they really need to get their asses pounded like their mama shoulda done years ago.

Mon, 10/06/2014 - 13:59 | 5295145 youngman
youngman's picture

I think Obamas mama was getting her ass pounded quite often....by the big black banana from kenya...

Mon, 10/06/2014 - 13:53 | 5295111 williambanzai7
williambanzai7's picture

You just can't make this shit up...

Mon, 10/06/2014 - 13:58 | 5295116 FieldingMellish
FieldingMellish's picture

Chinese are pissing their pants with laughter. Talk about giving it to them on a plate. Remember this?

Mon, 10/06/2014 - 14:06 | 5295176 Rock On Roger
Rock On Roger's picture

The map in that linked article also indicates future ebola outbreaks in Africa.

 

Stack On

Mon, 10/06/2014 - 14:29 | 5295281 FieldingMellish
FieldingMellish's picture

You don't have to be in Africa to contract Ebola. A nurse in Spain just tested positive: http://www.bbc.com/news/world-europe-29514920

Mon, 10/06/2014 - 14:00 | 5295150 orangegeek
orangegeek's picture

barry the cartoon strikes again

Mon, 10/06/2014 - 14:02 | 5295160 SmittyinLA
SmittyinLA's picture

We cut off anti terrorist aid to Nigeria over Nigerians refusing to push the homosexual agenda, Putin will be moving into and exploting that gap too. 

 

 

Mon, 10/06/2014 - 14:18 | 5295228 geekz_rule
geekz_rule's picture

this is indeed.. just comical.

but equally comical is labeling it obama...

presidents are sock puppets only. we all know that. making it about this idiot is what.. pandering to the drudge / faux/ limpdick crowd?

Mon, 10/06/2014 - 14:19 | 5295235 Argos
Argos's picture

Anyone else notice that early this morning both gold and platinum were trading at THE SAME price, $1190? 

Mon, 10/06/2014 - 15:07 | 5295488 besnook
besnook's picture

i noticed they had been converging for awhile. everyone knows platinum prices are rigged.

Mon, 10/06/2014 - 14:37 | 5295246 besnook
besnook's picture

i think the usa strategy is to overwhelm the brics and nonaligned nations with so many opportunities to subvert the usa politically and economically that the brics crash and burn trying to manage all the choices.

 

 

(why have we not ever heard very much from the stealth brics country, south africa.)

Mon, 10/06/2014 - 14:33 | 5295304 cherry picker
cherry picker's picture

i'm a Canadian.  Obama take your sanctions and stuff them.  I'll do business with whoever I want.  You don't control me, thank God.

Mon, 10/06/2014 - 14:46 | 5295364 hotrod
hotrod's picture

The US would have to do NONE of this if  THEY COULD JUST RAISE INTEREST RATES meaningfully.

Without that, all that can be done is,  threaten and create conflict/war with our military machine.

Mon, 10/06/2014 - 14:50 | 5295391 Atomizer
Atomizer's picture

You go Obama girl. As if Zimbabwe has any significance to us. Lap dance girls thought they struck gold after you handed them a crispy ZWD.

True story. 

 

Mon, 10/06/2014 - 14:51 | 5295394 RealityCheque
RealityCheque's picture

THIS IS SPARTA(IMBABWE)!!!!

Mon, 10/06/2014 - 15:15 | 5295546 overmedicatedun...
overmedicatedundersexed's picture

Crazy you want Crazy..well exhibit 1. Hank Paulson today in court, here we go:

"when companies fail, shareholders bear the losses," Paulson testified under questioning from Joshua Gardner, a Justice Department lawyer. "It's just the way our system is supposed to work."

aig, sure hank, but citi and Goldman S, no they were exempt, cough cough ex goldman director treated his pals better like 100% return of monies in 08..

Mon, 10/06/2014 - 15:47 | 5295758 Atomizer
Atomizer's picture

Shit, missed that. Was it on CSPAN? Kindly provide the link. Thanks. 

Mon, 10/06/2014 - 15:18 | 5295553 are we there yet
are we there yet's picture

Obama is just a condom for the financial and banking industry as they stick it to the world. Safety first.

Mon, 10/06/2014 - 15:20 | 5295574 limacon
limacon's picture

The Delian League all over again . Does nobody in the US Govt bother about history ?

 

In Zimbabwe's case , it is quite rational : Chrome .

Modern warfare is impossible without large amounts for yourself . Denial to the enemy is a major strategic goal . Chrome has no substitute in manufacturing high-speed , high temperature turbine blades . Nearly all military grade high-performance engines have turbines .

Hence the proxy wars in the Southern African region .

See http://andreswhy.blogspot.com/2014/03/proxy-war-in-southern-africa.html

 

Mon, 10/06/2014 - 15:31 | 5295641 Wahooo
Wahooo's picture

When nothing else is going right, beat a dead horse.

Mon, 10/06/2014 - 16:05 | 5295843 Bumbu Sauce
Bumbu Sauce's picture

Aveage IQ in Zimbabwe is 82.  Just sayin'.

Mon, 10/06/2014 - 16:51 | 5296049 Monty Burns
Monty Burns's picture

Don't have the figure to hand but can  assure you it's lower than that.

Mon, 10/06/2014 - 16:10 | 5295880 ThisIsBob
ThisIsBob's picture

Wasn't Obama just schmoozing a bunch of Africans at the White House?

Many countries in Africa are really fucked up.  So is the United States.  Is there a common thread?

Mon, 10/06/2014 - 16:36 | 5295995 short screwed
short screwed's picture

Aaahhhh! I love the smell of desperation in the morning. It smells like a collapse coming.

Mon, 10/06/2014 - 20:22 | 5296960 king leon
king leon's picture

.....Napalm to follow!!!/sarc

Mon, 10/06/2014 - 16:38 | 5296004 BGO
BGO's picture

The platinum mine concept is interesting. I thought platinum was collected while mining for other metals.

 

Mon, 10/06/2014 - 18:10 | 5296400 David Wooten
David Wooten's picture

Never thought I'd side with Mugabe in any dispute with anyone.  But, I suppose, no matter how bad someone is, there is always a chance someone worse will come along.

Mon, 10/06/2014 - 18:19 | 5296461 gcjohns1971
gcjohns1971's picture

"When He broke the second seal, I heard the second living creature saying, “Come.” And another, a red horse, went out; and to him who sat on it, it was granted to take peace from the earth, and that men would slay one another; and a great sword was given to him."

WELCOME SECOND HORSEMAN.

Mon, 10/06/2014 - 19:07 | 5296670 honestann
honestann's picture

The faster the predators-that-be in the USSA make fools of themselves, the faster the world will realize the predators-DBA-USSA have been more trouble than they're worth for the past 50 years.

Mon, 10/06/2014 - 19:21 | 5296726 king leon
king leon's picture

" All in all it's just a,nother BRIC in the wall"

Tue, 10/07/2014 - 03:17 | 5297812 wossname
wossname's picture

Oh dear! I think the writing is on the wall. The day that Zimbabwe tells the US to fuck off has come and gone. The fat Lady just sang.

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