Category Archives: International Developments

SMI – no recession priced

SMI-index-since-june-2006

Looking at the above chart and comparing the current move to what we saw in 2008 and 2009 I believe the reaction so far is much too weak to signal a bottom.

It’s more likely to be a drawn out process of sideways without negative news, then down on actual impact of heavy handed EU reactions.

Should the EU make Britain a good deal, then we’re off to the races again. But I would not consider that most likely, even though it would be best for the world economy. Sadly it wouldn’t be good for socialist or left governments, which is why I am afraid we’ll see them hurt their countries.

Why free movement of people (leading to work hotspots and countries) has to be one of the cornerstones of the EU when modern economies that can network their offices, use robots, telecommute, telework, etc, is  beyond my comprehension. But that’s politics. The charts (graphic form of what people think), tells me they are not expecting anything really negative in Switzerland and see the index as a safe haven.

We’re in year 1 of 3 years of growth trouble, is my current feeling. Even if the central banks can and will put a floor in asset depreciation. I’m not convinced they have a magic wand to improve profitability and dividends. They can prop up bonds and give them fairy price levels. And the SNB can fight CHF strength. But the SNB can’t save the EU on it’s own.

US – Ukraine Arms Deals Pipeline

The US Motto: Let me wet my beak

I suppose if you’re interested in selling lots of expensive military equipment to the Ukraine (well at least the west of the Ukraine) to defend against a Russian Aggressor in the future, then you should start preparing the terrain by drawing up a list of people they don’t like and try and in turn make their life more difficult. Maybe the new government in the Ukraine would then be more likely to buy Arms with money they received from the IMF? Then I suppose you could put anyone opposing the West Ukrainians on a list and make sure even Switzerlands’ SECO (State Secretariat for Economic Affairs) puts them on a list of persons not to be dealt with for any new business by financial intermediaries, even though Switzerland is supposed to be neutral by default and has a long standing tradition of a system of justice that allows conclusions based on facts, evidence and hearings.

If you read the (very little) justifcation given below, for why and who is on the list you can’t help wondering, as a neutral person, why there only seems to be one political side being sanctioned. Is there any fair trial or process?

Listed
Individuals

SSID: 175-27524
Name: Kozak Dmitry Nikolayevich
DOB: 7 Nov 1958
POB: Kirovohrad, Ukraine
Justification: Deputy Prime Minister. Responsible for overseeing the integration of the annexed Autonomous Republic of Crimea into the Russian Federation.
Modifications: Listed on 2 May 2014

SSID: 175-27531
Name: Belaventsev Oleg Yevgenyvich
DOB: 15 Sep 1949
POB: Moskau
Justification: Plenipotentiary Representative of the President of the Russian Federation into the so called “Crimean Federal District”, Non-permanent member of the Russian Security Council. Responsible for the implementation of the constitutional prerogatives of the Russian Head of State on the territory of the annexed Autonomous Republic of Crimea.
Modifications: Listed on 2 May 2014

SSID: 175-27538
Name: Savelyev Oleg Genrikhovich
DOB: 27 Oct 1965
POB: Leningrad Justification: Minister for Crimean Affairs. Responsible for the integration of the annexed Autonomous Republic of Crimea into the Russian Federation.
Modifications: Listed on 2 May 2014

SSID: 175-27545
Name: Menyailo Sergei Ivanovich
DOB: 22 Aug 1960
POB: Alagir, North-Ossetian Autonomous SSR, Russian Federation
Justification: Acting governor of the Ukrainian annexed city of Sevastopol.
Modifications: Listed on 2 May 2014

SSID: 175-27552
Name: Kovatidi Olga Fedorovna DOB: 7 May 1962
POB: Simferopol, Ukraine
Justification: Member of the Russian Federation Council from the annexed Autonomous Republic of Crimea.
Modifications: Listed on 2 May 2014

SSID: 175-27559
Name: Shvetsova Ludmila Ivanovna
DOB: 24 Sep 1949
POB: Alma-Ata, Russian Federation
Justification: Deputy Chairman of State Duma, United Russia. Responsible for initiating legislation to integrate the annexed Autonomous Republic of Crimea into the Russian Federation.
Modifications: Listed on 2 May 2014
SSID: 175-27566
Name: Neverov Sergei Ivanovich
DOB: 21 Dec 1961
POB: Tashtagol, Russian Federation
Justification: Deputy Chairman of State Duma, United Russia. Responsible for initiating legislation to integrate the annexed Autonomous Republic of Crimea into the Russian Federation.
Modifications: Listed on 2 May 2014
SSID: 175-27573 Name: Sergun Igor Dmitrievich
DOB: 28 Mar 1957
Justification: Director of GRU (Main Intelligence Directorate), Deputy Chief of the General Staff of the Armed Forces of the Russian Federation, Lieutenant-General. Responsible for the activity of GRU officers in Eastern Ukraine. Modifications: Listed on 2 May 2014
SSID: 175-27578
Name: Gerasimov Valery Vasilevich
DOB: 8 Sep 1955
POB: Kazan
Justification: Chief of the General Staff of the Armed Forces of the Russian Federation, First Deputy Minister of Defence of the Russian Federation, General of the Army. Responsible for the massive deployment of Russian troops along the border with Ukraine and lack of de-escalation of the situation. Modifications: Listed on 2 May 2014
SSID: 175-27585
Name: Prokopiv German
Justification: Active leader of the “Lugansk Guard”. Took part in the seizure of the building of the Lugansk regional office of the Security Service, recorded a video address to President Putin and Russia from the occupied building. Close links with the “Army of the South-East”.
Modifications: Listed on 2 May 2014
SSID: 175-27589 Name: Bolotov Valeriy
Justification: One of the leaders of the separatist group “Army of the South-East” which occupied the building of the Security Service in the Lugansk region. Retired officer. Before seizing the building he and other accomplices possessed arms apparently supplied illegally from Russia and from local criminal groups. Modifications: Listed on 2 May 2014
SSID: 175-27593
Name: Purgin Andriy
Justification: Head of the “Donetsk Republic”, active participant and organiser of separatist actions, co-ordinator of actions of the “Russian tourists” in Donetsk. Co-founder of a “Civic Initiative of Donbass for the Eurasian Union”. Modifications: Listed on 2 May 2014
SSID: 175-27597
Name: Pushylin Denys
POB: Makiivka
Justification: One of the leaders of the Donetsk People’s Republic. Participated in the seizure and occupation of the regional administration. Active spokesperson for the separatists.
Modifications: Listed on 2 May 2014
SSID: 175-27603
Name: Gennadevich Tsyplakov Sergey
Justification: One of the leaders of ideologically radical organization People’s Militia of Donbas. He took active part in the seizure of a number of state buildings in Donetsk region. Modifications: Listed on 2 May 2014
SSID: 175-27607
Name: Strelkov Igor
Spelling variant: Strielkov Ihor (Russian)
Justification: Identified as staff of Main Intelligence Directorate of the General Staff of the Armed Forces of the Russian Federation (GRU). He was involved in incidents in Sloviansk. He is an assistant on security issues to Sergey Aksionov, self-proclaimed prime-minister of Crimea.
Modifications: Listed on 2 May 2014

 

In completely unrelated news:  “Republicans Launch New Push To Arm UkraineSenate Republicans are pressing the Obama administration to do more to help Ukraine and hurt Russia and are introducing a new bill that would provide for weapons, sanctions, and more aid.

“…The bill provides for sharply expanded U.S. and NATO support for the militaries of Poland, Estonia, Lithuania and Latvia, according to a summary provided to Yahoo News. It also calls for Obama to accelerate and expand American missile defense systems in Eastern Europe — something Russia fiercely opposes.”

Or this unrelated news: “Besides small weapons, Rogers urged providing medical supplies, radio equipment and unspecified “defensive posture weapons systems.”

Or this: “Saying that Vladimir Putin’s justification for the annexation of Ukraine’s Crimean peninsula is “eerily similar” to Adolf Hitler’s justification of conquests, U.S. Sen. John McCain (Republican-Arizona) said the United States must arm Ukraine to deter Russia from further invasion.”

Makes you wonder if some of the above names shitstirring shouldn’t be on sanctions lists.