Best of the Week
Most Popular
1. Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price - P_Radomski_CFA
2.Fed Balance Sheet QE4EVER - Stock Market Trend Forecast Analysis - Nadeem_Walayat
3.UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 - Nadeem_Walayat
4.Gold and Silver Precious Metals Pot Pourri - Rambus_Chartology
5.The Exponential Stocks Bull Market - Nadeem_Walayat
6.Yield Curve Inversion and the Stock Market 2019 - Nadeem_Walayat
7.America's 30 Blocks of Holes - James_Quinn
8.US Presidential Cycle and Stock Market Trend 2019 - Nadeem_Walayat
9.Dear Stocks Bull Market: Happy 10 Year Anniversary! - Troy_Bombardia
10.Britain's Demographic Time Bomb Has Gone Off! - Nadeem_Walayat
Last 7 days
Handy Ways to Boost Your Home Income - 26th Mar 19
US Treasury Bond Yield Inversion and Political Fed Cycles - 26th Mar 19
Golan Heights Oil all about the Shekels - 26th Mar 19
Falling Yields a Catalyst for The Gold Catalyst - 26th Mar 19
Can We Lock Up Rachel Maddow Now? - 25th Mar 19
Real US National Debt Might Be $230 Trillion - 25th Mar 19
Friday's Stock Market Sell-Off - New Downtrend or Just Correction? - 25th Mar 19
20 Days Left to Find Buying Opportunities In Gold - 25th Mar 19
Will the Historic Imbalance in Gold Stocks to Gold Price Resolve ? - 25th Mar 19
EasySMX Wireless Games Controllers Review - 25th Mar 19
Stock Market Short-term Top - 25th Mar 19
UK Population Growth - Latest ONS Immigration Statistics and Consequences - 24th Mar 19
The Fed Follows Trump's Tweets, And Does The Right Thing - 24th Mar 19
Yield Curves, 2yr Yield, SPX Stocks and a Crack Up Boom? - 24th Mar 19
Risk/Reward in Silver Favors Buying Now, Not Waiting for Big Moves - 23rd Mar 19
Similarities Between Stock Market Today and Previous Bull Market Tops - 23rd Mar 19
Stock Market DOW Seasonal Trend Analysis - 23rd Mar 19
US Dollar Breakdown on Fed Was Much Worse Than It Looks - 23rd Mar 19
Gold Mid-Tier GDXJ Stocks Fundamentals - 23rd Mar 19
Which Currency Pairs Stand to Benefit from Prevailing Risk Aversion? - 23rd Mar 19
If You Get These 3 Things Right, You’ll Never Have to Worry About Money - 22nd Mar 19
March 2019 Cryptocurrency Technical Analysis - 22nd Mar 19
Turkey Tourist Fakes Market Bargains Haggling Top Tips - 22nd Mar 19
Next Recession: Finding A 48% Yield Amid The Ruins - 22nd Mar 19
Your Future Stock Returns Might Unpleasantly Surprise You - 22nd Mar 19
Fed Acknowledges “Recession Risks”. Run for the Hills! - 22nd Mar 19
Will Bridging Loans Grow in Demand and Usage in 2019? - 22nd Mar 19
Does Fed Know Something Gold Investors Do Not Know? - 21st Mar 19
Gold …Some Confirmations to Watch For - 21st Mar 19
UKIP No Longer About BrExit, Becomes BNP 2.0, Muslim Hate Party - 21st Mar 19
A Message to the Gold Bulls: Relying on the CoT Gives You A False Sense of Security - 20th Mar 19
The Secret to Funding a Green New Deal - 20th Mar 19
Vietnam, Part I: Colonialism and National Liberation - 20th Mar 19
Will the Fed Cut its Interest Rate Forecast, Pushing Gold Higher? - 20th Mar 19
Dow Jones Stock Market Topping Pattern - 20th Mar 19
Gold Stocks Outperform Gold but Not Stocks - 20th Mar 19
Here’s What You’re Not Hearing About the US - China Trade War - 20th Mar 19
US Overdosing on Debt - 19th Mar 19
Looking at the Economic Winter Season Ahead - 19th Mar 19
Will the Stock Market Crash Like 1937? - 19th Mar 19
Stock Market VIX Volaility Analysis - 19th Mar 19
FREE Access to Stock and Finanacial Markets Trading Analysis Worth $1229! - 19th Mar 19
US Stock Markets Price Anomaly Setup Continues - 19th Mar 19

Market Oracle FREE Newsletter

Stock Market Trend Forecast March to September 2019

Ukraine Mounting Tensions, World at Boiling Point Exacerbated by News Media

Politics / Mainstream Media Mar 04, 2014 - 10:37 AM GMT

By: Michael_T_Bucci

Politics

The tensions in Ukraine continue to mount. Russian reports wrestle with Western ones, which are solidly aligned in demonizing Russia while concealing hard facts underlying a Western-engineered coup. I'm afraid independent writers in the West (and Russia too) submitting balanced opinion will find few venues available to them now; fewer friendly editors courageous enough to brave censure at the hands of our Western version of the "state-controlled" press. "War fever" - induced by major papers, AP, Reuters, etc., - infecting both conservatives and liberals - means McCarthyism II will no doubt be resurrected and enforced in short order. Dossiers from NSA Utah will help sort critics and dissenters from patriots.


A brief summary of recent Reuters headlines revealed Vladimir Putin "has invaded," or rather "is planning to invade," or rather "will invade," or rather "is about to invade" Ukraine. The editors at the Washington Post state: "What the Russian leader misunderstands most is that the center of gravity for the former Soviet Union has shifted west." ["Putin’s catastrophic error in Ukraine" Mar. 3]. The New York Times leading editorial lamented: "There was a lot to criticize about the way President Viktor Yanukovych’s government was thrown out in Ukraine and hurriedly replaced with an interim team," but the editors emphasized: "Yet none of this justifies Vladimir Putin’s cynical and outrageous exploitation of the Ukrainian crisis to seize control of Crimea, nor any other power grab he may be hatching." ["Russia's Aggression" Mar. 2]. The Guardian thinks: "Mr Putin's 'near abroad' policy is characterised by proprietorialism, zero-sum thinking and opportunism" ["Ukraine: Putin's Crimean grab" Mar. 2].

But whereto markets go from here, investors ask? The Times of London Justin Webb provided a solution: "Obama’s best weapon could be economic - using the fracking boom to kill Russia’s energy industry" [Mar 3]. Don't worry, assures Gideon Rachman at Financial Times, "Russia is in no position to fight a new cold war" [Mar 3]. Spiegel Online International spoke of EU monetary jitters over Ukraine's dwindling reserves, capital flight problem and uncertain financial future in light of this week's IMF "fact finding mission" to Kiev, but asked: "Will it be enough?" ["Economic Woes: The Uncertain Future of Ukraine's Finances" Feb 28]. Meanwhile, Rupert "Adam Smith" Murdoch's Wall Street Journal can't resist being "a real man" about matters: "Vladimir Putin's Russia seized Ukraine's Crimean peninsula by force on the weekend and now has his sights on the rest of his Slavic neighbor. The brazen aggression brings the threat of war to the heart of Europe for the first time since the end of the Cold War. The question now is what President Obama and free Europe are going to do about it," say the editors who hark on to categorically define history: ". . .former President Viktor Yanukovych, was deposed in a popular democratic uprising." ["Putin Declares War - Will Obama and Europe let him get away with carving up Ukraine?" Mar 2].

On the other side of the world at Asia Times, however, writers think differently and do worry. "What matters is that Kerry demanded virtual capitulation by Russia under the shadow of US retribution, and that's being plain dishonest and unrealistic. Nor can Kerry say there is no blood on his own hands" ["Ukrainian blood on Kerry's hands" M K Bhadrakumar, Mar 3]. The ever-perspicacious Pepe Escobar opined: If the North Atlantic Treaty Organization is a bull, this is the red flag to end all red flags . .  NATO's ultimate wet dream is to command a Western puppet Ukrainian government to kick the Russian navy out of its base in Sevastopol." ["Carnival in Crimea" Feb 28].

Headlines from Russia (March 3):

RT:

  • Russian Defense Ministry dismisses Ukraine ultimatum reports as ‘total nonsense’ 
  • Ukrainian servicemen on the territory of their military unit located some 80 km (50 miles) southwest of Simferopol, Crimea's capital, March 3, 2014. (Reuters / Vasily Fedosenko)
  • Kerry's threats vs Russia unacceptable, West sides with neo-Nazis - Russian FM
  • Training in hand combat among opposition fighters from the nationalist organization "Right sector" in a camp on Independence Square in Kiev. (RIA Novosti / Andrey Stenin)
  • Arms, 400 kilos of explosives seized from Kiev radicals on Crimean border
  • 12 videos showing why South-East Ukraine fears and stands-up to radical nationalists

RIA Novosti:

  • 3 South Ukrainian Cities Want to Join Crimea - Lawmaker
  • Ruble Dives to Historic Low, Stocks Crash on Ukraine Fears
  • Russia Says Ukraine Action Aimed at Protecting Human Rights
  • Russia Enlists Chinese Support on Ukraine Position
  • Russia Conducts Live Fire Exercises in Baltic
  • Russian Parliament Speaker Plays Down Talk of War in Ukraine

The Voice of Russia:

  • USAID got Maidan coup up and running – media

"The US online whistleblower magazine Pando has leaked documents suggesting the American government, in the form of the US Agency for International Development (USAID), could have played a role as force multiplier in the overthrow of Ukraine’s President Viktor Yanukovych, having funded a host of opposition groups prior to the revolution."

  • US House Majority Leader Eric Cantor

announced Monday that the House is considering “assistance to Ukraine in the form of loan guarantees.” Cantor also said the House is seeking options on sanctions against Russia.

  • Moscow does not consider its goal to return Viktor Yanukovych to power,

but continues to consider him a legitimate president of Ukraine, said Russia's envoy to the UN Vitaly Churkin."

* * * *

I believe Tom Engelhardt writing at Asia Times supplied the best diagnosis and prognosis:

"Take a look around and you'll see a world at the boiling point. From Ukraine to Syria, South Sudan to Thailand, Libya to Bosnia, Turkey to Venezuela, citizen protest (left and right) is sparking not just disorganization, but what looks like, to coin a word, de-organization at a global level. What is more or less absent - effectively missing in action - is outright war." ["Missing in action in world at boiling point" Mar 3].

Exacerbated by news media, world at boiling point.
Exacerbated by news media, outright war?

Look around you to find the answer.
Or wait.
Or pray.

By Michael T Bucci

Contact: mbucci@michaelbucci.com

(c) 2013 Michael T Bucci. All Rights reserved.

(Note: responses to emails might be delayed or not met.)

Michael T Bucci is a retired public relations executive from New Jersey presently residing in New England. His essays have appeared at The Market Oracle (UK). He is the author of nine books on practical spirituality including White Book: Cerithous.

© 2014 Copyright Michael T Bucci - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules