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dc CB  18:30:09 GMT - 06/20/2014  
Russian President Vladimir Putin has spoken by phone to Iraqi Prime Minister Nouri al-Maliki, expressing Moscow’s support for his action against the militant offensive.

The Kremlin said in a statement that al-Maliki informed Putin on Friday about his government’s steps to combat the “terrorist groups in the north of the country.” It added that the insurgency threatens security of the entire region.

Putin confirmed Russia’s “full support for the Iraqi government’s action to quickly free the territory of the republic from terrorists,” the Kremlin said, adding that Putin and al-Maliki also discussed bilateral cooperation.

Russia Reignites The Proxy War: Putin Offers "Complete Support" To Iraq Prime Minister Scorned By Obama

Paris ib  13:42:25 GMT - 06/20/2014  
If what is happening in Iraq is simply the defeat of U.S. forces and if that defeat is being welcomed on the ground by Iraqis, while we are being told a completely different story....

this would explain the switch to 'limited' U.S. air strikes. If the U.S. has lost the ground war - they shift to air raids (as in previous conflicts). This would be vendetta for a defeat. Think Agent Orange and Vietnam. What it says about the main stream media is beyond belief. Same for what it says about the U.S. Administration.

The whole thing is grotesque.

Celebrations in Mosul

HK [email protected]  13:41:41 GMT - 06/20/2014  


Don't forget, these people are the descendants of AliBaba, and the 40 thieves.

So what can we know?

Paris ib  13:25:45 GMT - 06/20/2014  
If the people of Iraq are celebrating - and who knows if that is true (whose to know?) - then really I question the information we are being fed. This is a complete farce.

U.S. bond rates are just about back to where they were before Janet began her happy talk.

Hundreds attend morning pro-ISIS rally in Mosul

Paris ib  12:48:39 GMT - 06/20/2014  
Who the h.ell knows what is really going on in Iraq. Some reports suggest there have been celebrations.... the fog of war, propaganda and devious plans. We trade the news in a void.

Cheering in Mosul

HK [email protected]  11:50:27 GMT - 06/20/2014  

The rebels may sell at lower cost, and cause some glut in the Mkt.

Pump as they can, anyway they invested nothing. even 80$/barrel will do for them.
And many will buy.

GVI Forex Jay Meisler  11:50:04 GMT - 06/20/2014  
RF, that assumes there is not a battle for control that damages the refineries.

HK [email protected]  11:46:52 GMT - 06/20/2014  


Why should the rebels if they will own the fields destroy a nice source of income.

PAR 11:40:05 GMT - 06/20/2014  
Iraqi oil production unaffected by conflict .

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