Monthly Archives: March 2015

Russian Economy Rebounding Despite Dec. 2014 Predictions of Gloom, Western Media Disinfo

Misery — Nikolay Bogdanov-Belsky

As I write this blog post, 1 US Dollar equals 57.90 Russian Ruble. In late 2014, the Ruble was plunging beyond 1 Dollar to 80+ Rubles.

In December of 2014, the Western media was overflowing with Schadenfreude over the declining Ruble, and predictions of total economic collapse and misery for Russia. Bloomberg (or Gloomberg) provides one example of Western media gloating over the prospects of Russian misery:

Putin’s Mantra of Russia Stability Unravels as Ruble in Meltdown:

“How many bankruptcies await us in January?” opposition lawmaker Dmitry Gudkov said on Twitter. “People will be out of work, out of money. The nightmare is only just beginning.”

“People thought: ‘he’s a strong leader who brought order and helped improve our living standards,” said Dmitry Oreshkin, an independent political analyst in Moscow. “And now it’s the same Putin, he’s still got all the power, but everything is collapsing.”

“After 2009, there was a quick recovery,” Rogov said. “Now we’re facing an uncontrollable shock. This undermines trust in Putin’s whole economic model.”

Paul Krugman: Putin’s Bubble Bursts:

Sorry, Putin. Russia’s economy is doomed:

This Washington Post article is no longer available – I wonder why. 🙂

Color Revolutions & Financial Warfare against Russia:

The Ruble Crisis of December 2014 and Gloating Hyenas: As the ruble slides, many pundits point to Western sanctions as the cause. This is pure fantasy! The main reason is the falling price of oil. And where should we look for the cause of this? Let’s go back to last year and look at Putin’s support of Assad in the face of Western plans for invasion of Syria on the ridiculous pretext that Assad gassed his own people in a chemical weapon attack. Many Western leaders, especially in London and in the US State Department, were annoyed with Putin and his support of Assad, but only one person actually visited Moscow to threaten Putin in person if he wouldn’t back down: Saudi intelligence chief Prince Bandar! At the time, he issued thinly veiled threats of terrorist attacks at the upcoming Sochi Olympics, but are we now seeing Prince Bandar’s threats manifesting themselves in the form of plunging oil prices?

Not so fast!

Now even Gloomberg has to admit that the Russian economy is doing OK and surviving the sanctions, even thriving because of them:

Russian economy revives despite sanctions – Bloomberg:

The Russian economy has seen a notable rebound with businesses recovering despite a year of contraction caused by Western sanctions. Fluctuations in the domestic currency have narrowed, which brought investors back into the market.

Russia Rebounds, Despite Sanctions – Bloomberg:

Investors in Russian government securities denominated in rubles have earned the equivalent of 7 cents on the dollar so far this year, as measured by the Bloomberg Russia Local Sovereign Bond Index. In contrast, anyone holding similar government debt in emerging markets across-the-board has lost 1.1 percent in 2015.

The picture is even rosier for Russia’s corporate bondholders; they’ve had a 7.3 percent total return in 2015, leading the gains in the index for emerging market corporate bonds compiled by Bloomberg. And while shareholders in the global emerging market stocks measured by the MSCI Emerging Market Index gained 1.7 percent this year, the 50 Russian stocks in the Micex index are up 11.9 percent — better than the Standard & Poor’s 500 or any other North American market.

The ruble’s relative value helps explain why there are some signs of confidence in Russia. Although the ruble remains the most volatile of the 31 most-traded currencies this year, its swings are narrowing. This is visible in implied volatility, a measure of traders’ bets on how much the currency’s value will change day-to-day. After surging in late 2014 amid the widening Ukraine crisis, the ruble now is fluctuating the way it did in 2009.

Business also appears to be on the rebound. Some 78 percent of the Russian companies in the Micex index showed greater annual sales growth than their global peers, even though the shares of these Russian companies lagged behind their international competitors, according to data compiled by Bloomberg. That’s consistent with a two-year improvement in the relative value of Russian companies.

One possible reason for the growth? Sanctions. With foreign goods unavailable, Russians had to choose homegrown products and services.

The Utter Failure of Western Media

So the Russian misery Schadenfreude party has to be postponed. It’s just too bad these media outlets never apologize for their appallingly poor analytical skills and lack of any journalistic integrity – which unfortunately leads them to rely on some of the most spurious sources available on the Internet, like the Brown Moses Blog:

The West’s Go-to MH17 Expert Is a Social Media Hack Who Pushed Syria Chemical Attack Lies:

Desperate for details to confirm US/Kiev accusations about MH17, Western media outlets turn to a dubious social media aggregator whose claims about the East Ghouta chemical attack in Syria were debunked by an actual arms control expert from MIT.

Der Spiegel publishes a “scoop” by Berlin-based Corrrectiv magazine and British blogger Eliot Higgins alleging that MH17 was shot down by a BUK surface to air missile launcher from Russia

The Brown Moses blog of Eliot Higgins:

Human Rights Watch – Attacks on Ghouta – Methodology:

In its investigation, Human Rights Watch was assisted by arms experts including Nic Jenzen-Jones, author of “The Rogue Adventurer”, as well as the independent investigation conducted by Eliot Higgins of the “Brown Moses” blog, who collected and analyzed photos and videos from the attacks.

The mainstream western media has been woeful in its coverage of the recent crises in Ukraine and Syria, demonstrating deficiencies in their research and reporting that go far beyond the typical biases against all things Russian and Arab, in many cases displaying sheer ignorance of the basic issues at stake in the two regions on a grand scale.

BBC Now Admits: Armed Nazis Led “Revolution” in Kiev, Ukraine:

What the Story of Putin’s “Disappearance” Says about How the West Misunderstands Russia:

Sorcha Faal

Western mainstream media cannot be singled out for criticism without mentioning a few of the rotten alternative sources which have appeared and have been quoted from frequently of late. Many of them trace back to the ultra-dubious Sorcha Faal of

The way it seems to work is, something gets posted to Sorcha Faal’s website, and immediately gets picked up by a host of similarly delusional sites – perhaps even related, sister sites. These include The European Union Times and

Who is Sorcha Faal? The short answer is, he/she is a disinfo agent.

For the long answer, the entry on Rational Wiki will suffice:

Let’s have a look at some recent Sorcha Faal headlines:

“Prepare For Nuclear War” Russia Warns Citizens As US Tanks Flood Into Europe

Just Hours Away From Nuclear War, America Remains Asleep

Bodies Of US Soldiers Killed In Ukraine Float Ashore In Florida

Moscow Bomb Shelters Begin To Fill As Russia Prepares For War

Top US Commander Under Arrest For Refusing To Fire Nukes At Russia

Here’s yet another fantastic example of Sorcha Faal’s insanity:

US Laser Test Destroys Germanwings Airliner Killing 150 Innocent Civilians:

Any time you see extremely sensationalist headlines of this nature, run the titles through a search engine and see if the exact same headlines are copied at or The European Union Times. Make a note of any other websites that are playing along in this game of disinfo and discrediting legitimate criticism of NATO/Anglo-American foreign policy.

Here’s a recent one from

Russia may lift food embargo for Greece if they leave the EU:

Russia may lift food embargo for Greece if they leave the EU

Russia has indicated that they will lift the food embargo on Greece, Cyprus and Hungary, but have not made it contingent upon Greece leaving the EU. Stories like this are made up out of thin air. The ultimate motives of these websites can only be imagined until they are linked conclusively to whatever foundations and NGOs support or create them.

Hungary, Cyprus and Greece first to return to Russian market after sanctions lifted:

Food products from Hungary, Greece and Cyprus may be the first to return to Russian supermarket shelves once the food embargo ends, said Sergei Dankvert, head of Rosselkhoznadzor, the Russian agricultural watchdog.

Given the BBC’s reliance on sites such as the Brown Moses blog, we can only wonder whether they will soon turn to the mad ramblings of Sorcha Faal!

Other (foundation-funded) websites and news sources to be wary of:

Caucasian Knot:


The Moscow Times:

(To be continued!)

Some recommended alternatives to mainstream media disinfo:

21st Century Wire:

New Eastern Outlook:

Voltaire Network:

Global Research:

Sputnik International:


Activist Post:


The Anti-Media:

Press TV:


Zero Hedge:

Strategic Culture:

Oriental Review:

Consortium News:

Committee for East-West Accord

US Needs New Edition of American Committee for East-West Accord To Promote War Avoidance Against Ruling Class Anti-Putin Hysteria:

Is it time to bring back the Committee on East-West Accord?:

Round Table on ‘Defining a New Security Architecture for Europe that Brings Russia in from the Cold’ with John Mearsheimer, Stephen F. Cohen, Katrina Vandenheuvel. Q&A. Gilbert Doctorow, moderator:

Pro-Russia bloc in Europe, the Nuland Caucasus Tour, and Color Revolutions


A pro-Russia bloc is forming in Europe, while State Department color revolutions, destabilization, and coup attempts continue:

The Coup Factory (National Endowment for Democracy, National Democratic Institute, Brzezinski, Nuland, Soros, and friends) has been hard at work undermining the governments of any countries that get too close to Russia. One recent example is Macedonia, where Soros-man Zoran Zaev attempted (and failed) to stage a coup against Prime Minister Nikola Gruevski.

See the previous blog post on the topic:

Nuland attempts Kiev Version 2.0 in Skopje, by Wayne Madsen:

Victoria Nuland, the Assistant Secretary of State for European and Eurasian Affairs, recently attempted a Kiev-style putsch in Macedonia aimed at overthrowing that nation’s democratically-elected government of Prime Minister Nikola Gruevski.

Nuland has been charged by Macedonian intelligence with conspiring with Zaev of the Macedonian Social Democratic Union of Macedonia (SDSM)…

Gruevksi, unlike many U.S.-installed and -influenced governments of the region has been reluctant to apply sanctions against Russia over Ukraine.

The coup attempt against the pro-Russia leader of Macedonia may have something to do with the planned Russian gas pipeline through Macedonia.

Balkans and Geography of Turkish Stream:

Russia’s Stroytransgaz has announced that it will build a gas pipeline across (FYR) Macedonia, which could eventually be used as part of a route to supply Europe with Russian gas via Turkey. Macedonia will have its own source of energy. Today the country has energy dependence indicator of 47, 9 percent – the second largest after Croatia (52%). The importance of the pipeline going across Macedonia is immense. It will become the key component of all-Balkans energy system linked to the Russia-Turkey joint Turkish Stream project on the construction of gas route leading to Central and South Europe.

Macedonia’s president backs up Russia’s South Stream gas pipeline:

Macedonia has also been reluctant to join the EU sanctions against Russia.

Macedonia looks to Russia for exports amid war of sanctions:

The US State Department has also been busy in Armenia, Azerbaijan, and Georgia:

Nuland travelled to three countries that border Russia as a poke in the nose at Vladimir Putin and Russia, this is no secret. While BBC and other mainstream media make a big deal our of Russian bombers flying about, the United States is engaged in straight up destabilizing the borderlands surrounding Russia.

Nuland In Azerbaijan At Start Of Caucasus Tour:

In the Armenian capital, Nuland will also discuss strengthening U.S.-Armenian ties and advancing a settlement of the Nagorno-Karabakh conflict.

Before visiting Yerevan, Nuland will travel on February 17 to Georgia’s capital, Tbilisi, where she is expected to discuss Georgia’s path toward European integration and the country’s efforts to defend its territorial integrity and sovereignty.

Nuland reads from the Euromaidan playbook as she talks about EU integration, territorial integrity and sovereignty. “Territorial integrity and sovereignty” apparently only count when they work against Russian interests.

The United States – Azerbaijan Chamber of Commerce Honorary Council of Advisors has “color revolution” written all over it! Look at some of the members: James A. Baker III, Zbigniew Brzezinski, Brent Scowcroft, and Henry Kissinger.

Azerbaijan, sharing as it does borders with both Iran and Russia, must be one of the grand prizes in this Brzezinski Plan game of Eurasian chess!

Russian lawmaker lauds victory of pro-Russia candidate in Moldova election:

The members of Russia’s lower house of parliament, the State Duma, on Monday welcomed the victory of independent candidate Irina Vlah in the election of the head of Gagauzia, an autonomous region in Moldova.

According to preliminary data, Vlah gained more than 51% of the vote in the first round of election on Sunday. Under Moldova’s law, the head of Gagauzia becomes a member of the country’s government.

“We can only welcome this choice of the Gagauz people,” said Leonid Slutsky, who chairs the State Duma’s committee on the Commonwealth of Independent States (CIS) affairs.

Vlah’s victory means that the Gagauzia autonomous region will continue its path towards the Eurasian integration and cooperation with Russia, the lawmaker said.

Top Ukrainian General Admits: “Russian Forces Not in His Nation” February 01, 2015

Out Of The Brambles

Top Ukrainian General Admits: Russian Forces Not in His Nation

February 22, 2015

• Will American people fall for government’s phony war propaganda?

By Pete Papaherakles  —  AmericanFreePress

Top Ukrainian General Viktor Muzhenko admitted on Ukrainian television that the Ukrainian army is not fighting Russian troops in Ukraine, thereby proving that the reason given by the Obama administration for imposing sanctions against Russia is a complete lie.

During a January 29 briefing for foreign military attaches aired on Ukraine’s Channel 5 television, Muzhenko, the chief of the armed forces of Ukraine, officially acknowledged, “the Ukrainian army is not engaged in combat operations against Russian units.”

Russian Defense Ministry spokesman Igor Konashenkov pointed out in a news conference that Muzhenko directly supervises military operations in the southeast and that “his statement is a legal fact, which thwarts numerous accusations made by NATO and Western states” concerning Russia’s alleged “military invasion” in…

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Defining a new security for Europe that brings Russia from the cold #Russia #Brussels #Ukraine #Europe

Brussels Diplomatic

Russia Ukraine

A round table discussion named “Defining a new security for Europe that brings Russia from the cold” is going to take place on Monday the 2nd of March 2015 at The Press Club Brussels Europe (located at Rue Froissart, 95 – 200 meters from Place Schuman) at 10am.
The event is organized by the  Committee for East West Accord.
The main stakeholders are John Mearsheimer, Stephen Cohen and Katrina Vanden Heuvel.

Mearsheimer_photo (1)

John Mearsheimer is America’s best known scholar in the Realist (Realpolitik) school who has dared to touch tabu subjects. In 2007 he co-authored “The Israel Lobby and US Foreign Policy”. This year he published an article entitled “Why the West is to Blame” in the confrontation with Russia over Ukraine in the prestigious Foreign Affairs magazine, touching off a great controversy in the foreign policy establishment.

Cohen_ Photo 3_07

Stephen Cohen is America’s number one scholar of modern Russia. Author of the classic biography…

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