Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-54459 Wed, 23 Jul 2014 18:59:54 GMT Putin's Ukraine Woes Compounded by $103 Billion Yukos Claim http://implode-explode.com/viewnews/2014-07-23_PutinsUkraineWoesCompoundedby103BillionYukosClaim.html Russia will discover next week how much it may be asked to pay for the confiscation a decade ago of Mikhail Khodorkovsky's Yukos Oil Co., then the country's biggest oil producer.

The Permanent Court of Arbitration in The Hague will rule on July 28 on a $103 billion damages claim the company's former owners filed against Russia in 2007. There's "very limited room" for appeal and Russia will resist paying, so any amount awarded would trigger a global legal battle to seize state property, including assets of OAO Rosneft (ROSN), which acquired most of Yukos in a series of forced auctions, Van Harten said.''

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iehi-feed-54457 Wed, 23 Jul 2014 15:06:26 GMT London zinc hits 3-year high, aluminium a 16-month peak, As Commodities Attract http://implode-explode.com/viewnews/2014-07-23_Londonzinchits3yearhighaluminiuma16monthpeakAsCommoditiesAttract.html iehi-feed-54455 Wed, 23 Jul 2014 15:05:11 GMT Venezuela admits its ever growing dependency with China http://implode-explode.com/viewnews/2014-07-23_VenezuelaadmitsitsevergrowingdependencywithChina.html iehi-feed-54448 Tue, 22 Jul 2014 14:33:11 GMT German Economy Hit by US, EU Sanctions on Russia http://implode-explode.com/viewnews/2014-07-22_GermanEconomyHitbyUSEUSanctionsonRussia.html Even prior to the sanctions, the Russian economy had been struggling. Now, though, the Ukraine crisis is beginning to make itself felt in Germany as well. German industry's Committee on Eastern European Economic Relations believes that the crisis could endanger up to 25,000 jobs in Germany. Were a broad recession to befall Russia, German growth could sink by 0.5 percent, according to a Deutsche Bank study.

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The most recent US sanctions, warns Eckhard Cordes, head of the Committee on Eastern European Economic Relations, have placed an additional strain "on the general investment climate." Particularly, he adds, because European companies have to conform to the American penalties.

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iehi-feed-54445 Tue, 22 Jul 2014 14:26:11 GMT Report: Drastic fall in new gold discoveries http://implode-explode.com/viewnews/2014-07-22_ReportDrasticfallinnewgolddiscoveries.html iehi-feed-54441 Tue, 22 Jul 2014 01:06:05 GMT ‘BRICS Bank capital might not be held in US dollars' http://implode-explode.com/viewnews/2014-07-21_BRICSBankcapitalmightnotbeheldinUSdollars.html iehi-feed-54440 Tue, 22 Jul 2014 01:02:11 GMT Deadly game of human chess | David McWilliams http://implode-explode.com/viewnews/2014-07-21_DeadlygameofhumanchessDavidMcWilliams.html iehi-feed-54429 Mon, 21 Jul 2014 12:56:16 GMT Russian steelmaker selling Dearborn operation as Exits North America http://implode-explode.com/viewnews/2014-07-21_RussiansteelmakersellingDearbornoperationasExitsNorthAmerica.html iehi-feed-54425 Sun, 20 Jul 2014 22:03:47 GMT Putin, it's your payback time - M K Bhadrakumar http://implode-explode.com/viewnews/2014-07-20_PutinitsyourpaybacktimeMKBhadrakumar.html The point is, history has not ended and Russia can never be part of the Western world. It is too big and too different and too powerful and unmanageable. Russia's presence in the European tent challenges the US' trans-Atlantic leadership and questions the very raison d'etre of the NATO, and indeed Euro-Atlanticism as the leitmotif of the US global strategies ceases to be. 

It is about time the ‘westernists' among the Moscow elites realize that all they have is a pipe dream. There is no precedent of the US ever having treated another country -- including Britain -- on an equal footing. Therefore, Russia's destiny is dictated by the need to consolidate its standing as an independent global player. It has the capacity to do it, but, alas, often enough not the will and interest in discerning who is a potential ally and who is not.

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iehi-feed-54424 Sun, 20 Jul 2014 21:57:36 GMT The Ongoing Rot in the Economy http://implode-explode.com/viewnews/2014-07-20_TheOngoingRotintheEconomy.html iehi-feed-54422 Sun, 20 Jul 2014 10:26:23 GMT INSIDER TRADING AND FINANCIAL TERRORISM ON COMEX http://implode-explode.com/viewnews/2014-07-20_INSIDERTRADINGANDFINANCIALTERRORISMONCOMEX.html the price of gold is not determined in markets where physical gold is bought and sold but in the paper futures market where contracts trade and speculators place bets on the price of gold. Most of the contracts traded on the Comex futures market are settled in cash. The value of the contracts used to short gold and drive down the price is well in excess of the actual amount of physical gold that is kept on the Comex and available for delivery. One might think that regulators would pay attention to a market in which the value of contracts outstanding exceeds by several multiples the amount of physical gold available for delivery. ]]> iehi-feed-54413 Fri, 18 Jul 2014 14:30:41 GMT CME looks to bid for London gold price solution, after claiming silver http://implode-explode.com/viewnews/2014-07-18_CMElookstobidforLondongoldpricesolutionafterclaimingsilver.html iehi-feed-54410 Fri, 18 Jul 2014 13:53:29 GMT Was Flight MH-17 Diverted Over Restricted Airspace? http://implode-explode.com/viewnews/2014-07-18_WasFlightMH17DivertedOverRestrictedAirspace.html iehi-feed-54409 Thu, 17 Jul 2014 19:51:24 GMT Malaysia Airlines Passenger Jet Crashes in Ukraine (MORE IMAGES AND INFO) http://implode-explode.com/viewnews/2014-07-17_MalaysiaAirlinesPassengerJetCrashesinUkraineMOREIMAGESANDINFO.html The separatists were quoted by the Russian news agency Interfax as saying that they had found the "black box" flight recorder.

Andrey Tarasenko, a miner who was walking home from work with a friend, said that he saw a white trail go up from the ground, then heard an explosion two seconds later, then saw smoke risking from the ground 10 seconds after that. He said he was about 10 miles away.

"You know how you see a trail from a plane -- it was the same, but it was a missile launched from the ground," he said.

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iehi-feed-54408 Thu, 17 Jul 2014 19:22:25 GMT Russian Reliance on Chinese Loans May Blunt Sanctions' Impact http://implode-explode.com/viewnews/2014-07-17_RussianRelianceonChineseLoansMayBluntSanctionsImpact.html iehi-feed-54405 Thu, 17 Jul 2014 17:52:43 GMT Malaysia Airlines plane disappears over Ukraine, feared shot down, as sides blame each other http://implode-explode.com/viewnews/2014-07-17_MalaysiaAirlinesplanedisappearsoverUkrainefearedshotdownassidesb.html "The plane was shot down by the Ukrainian side," said Serhiy Kavtaradze, a member of the rebels' security council, according to the Russia's Interfax news agency. "We simply do not have such air defense systems." He said rebels' shoulder-launched antiaircraft missiles "have a firing range of only 3,000 to 4,000 meters" and that passenger jets fly at much higher altitudes.

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Andrei Purgin, the first deputy prime minister of the Donetsk People's Republic, said the Malaysia Airlines Boeing 777 could have been brought down by Ukrainian forces... He denied that the rebels possess the SA-17 Buk air-defense as Kiev alleges.

However, the Associated Press reported that a similar launcher was seen by the agency's journalists near the eastern Ukrainian town of Snizhne earlier Thursday. The Buk missile system can fire missiles up to an altitude of 22,000 meters (72,000 feet), AP said.

Update: See President Putin's plane might have been the target for Ukrainian missile.

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iehi-feed-54404 Thu, 17 Jul 2014 17:14:00 GMT The significance of a BRICS development bank - Jim Rickards http://implode-explode.com/viewnews/2014-07-17_ThesignificanceofaBRICSdevelopmentbankJimRickards.html iehi-feed-54400 Thu, 17 Jul 2014 15:25:53 GMT Raising Stakes on Russia, U.S. Adds Sanctions http://implode-explode.com/viewnews/2014-07-17_RaisingStakesonRussiaUSAddsSanctions.html iehi-feed-54395 Thu, 17 Jul 2014 03:26:00 GMT 20 Signs The Terrible Drought In The Western US Is Starting To Become Catastrophic http://implode-explode.com/viewnews/2014-07-16_20SignsTheTerribleDroughtInTheWesternUSIsStartingToBecomeCatastr.html iehi-feed-54393 Wed, 16 Jul 2014 15:21:51 GMT The more obvious they are, the closer the day of deliverance http://implode-explode.com/viewnews/2014-07-16_Themoreobvioustheyarethecloserthedayofdeliverance.html