In The News Today

Posted at 10:56 AM (CST) by & filed under In The News.

US And Israel Holding Global Economy Hostage in Showdown With Iran
May 22, 2018

For decades now the US and Israel have waged regime change across the Middle East and North Africa. In the chaos that ensued Iran underwent a transformation that naturally expanded its influence. Now, upset with the consequences of their actions, the US and Israel have a new plan: take the global economy hostage in order to force Iran to abandon that influence. As usual, Russia is doing its best to manage the West’s insanity while maintaining course for a more sane future.

On May 1, 2018, hours after Netanyahu issued his bizarre ‘Iran lied’ powerpoint presentation, and a week before Trump ditched the Iran deal, Netanyahu and Putin had a phone conversation. During this chat Putin stressed the deal’s importance for international stability, reiterating that it must be “strictly observed by all parties.” Not one who’s prone to taking ‘international stability’ into account, Netanyahu had other ideas.

A week later, Trump announced that the US was backing out of the Iran deal, which effectively meant increasing instead of decreasing its economic stranglehold on the country. Speaking to the Heritage Foundation, Secretary of State Pompeo stated that these will be the “strongest sanctions in history,” and that the US will “apply unprecedented financial pressure on the Iranian regime”. It is now clear why Merkel and Macron were so desperate to talk Trump out of this decision.

More…

U.S. Launches Criminal Probe into Bitcoin Price Manipulation

May 24, 2018

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

The investigation is focused on illegal practices that can influence prices — such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling, said the people, who asked not to be identified because the review is private. Federal prosecutors are working with the Commodity Futures Trading Commission, a financial regulator that oversees derivatives tied to Bitcoin, the people said.

More…