Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-56222 Wed, 04 Mar 2015 18:07:07 GMT Ukraine agrees tough austerity package to gain $17.5bn IMF bailout http://implode-explode.com/viewnews/2015-03-04_Ukraineagreestoughausteritypackagetogain175bnIMFbailout.html iehi-feed-56210 Tue, 03 Mar 2015 18:26:41 GMT US to Deploy Six National Guard Companies to Ukraine This Week http://implode-explode.com/viewnews/2015-03-03_UStoDeploySixNationalGuardCompaniestoUkraineThisWeek.html iehi-feed-56206 Mon, 02 Mar 2015 22:33:46 GMT IMF bent its rules to hobble Greece with unsustainable debt http://implode-explode.com/viewnews/2015-03-02_IMFbentitsrulestohobbleGreecewithunsustainabledebt.html Philippe Legrain, a former adviser to the European Commission president, told Arte that the IMF managing director at the time, Dominique Strauss-Kahn, overrode objections from IMF staff so that Greece could pay the money it owed to French banks and not endanger his chances to run for president in France.

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"Despite the IMF's rules that it is not supposed to resort to exceptional access lending when a country's public debt is unsustainable or when the chances of program success are not good, the IMF has managed to lend to Greece some 1,860% of quota," wrote Desmond Lachman, former deputy director of the IMF's policy department. "That is more than three times the normal maximum IMF limit for such lending."

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iehi-feed-56205 Mon, 02 Mar 2015 22:32:05 GMT India's Tata strikes a deal with Russia's biggest coal producer (+OLIGARCH BUYS GERMAN NORTH SEA ASSETS) http://implode-explode.com/viewnews/2015-03-02_IndiasTatastrikesadealwithRussiasbiggestcoalproducerOLIGARCHBUYS.html Russian oligarch buys North Sea oil and gas assets.]]> iehi-feed-56195 Sun, 01 Mar 2015 21:14:43 GMT Forget all our other troubles -- the Russians are coming! http://implode-explode.com/viewnews/2015-03-01_ForgetallourothertroublestheRussiansarecoming.html The establishment anti-Russia/anti-Putin campaign went into overdrive last week because of anger that a peace deal was reached in Minsk. The Russophobes want the conflict in Ukraine to continue to justify the sanctions on Russia. They want the Russian economy seriously weakened, regardless of the cost to the Russian people - believing this will eventually lead to ‘regime change' in Moscow and someone like Garry Kasparov or Mikhail Khodorkovsky taking over in the Kremlin.

They've never forgiven Putin and Lavrov for blocking war against Syria in 2013 and for having the temerity to stand up and defend legitimate Russian national interests. Don't these damn ‘Ruskies' know their place!

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iehi-feed-56188 Sat, 28 Feb 2015 16:39:20 GMT Greek PM says 'forget about third bailout' http://implode-explode.com/viewnews/2015-02-28_GreekPMsaysforgetaboutthirdbailout.html iehi-feed-56187 Sat, 28 Feb 2015 16:18:53 GMT Nemtsov was no threat to Russian govt - presidential spokesperson http://implode-explode.com/viewnews/2015-02-28_NemtsovwasnothreattoRussiangovtpresidentialspokesperson.html iehi-feed-56184 Fri, 27 Feb 2015 20:02:29 GMT Greece runs out of funding options despite euro zone reprieve http://implode-explode.com/viewnews/2015-02-27_Greecerunsoutoffundingoptionsdespiteeurozonereprieve.html Shut out of debt markets and faced with a steep fall in tax revenues, Athens is expected to run out of cash by the middle or end of March. Its finance minister has warned that Greece will struggle to repay creditors starting with a 1.5 billion euro IMF loan repayment due in March.

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Greece had also hoped it could tap the almost 11 billion euros of leftover money in the Greek bank stabilization fund, but euro zone finance ministers have decided the money would be returned to the Luxembourg-based euro zone bailout fund.

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A senior Greek banker said the expectation in Athens remained that the ECB would relent and allow some leeway on T-bills.

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The onus is now on Athens to rush through reforms to unlock the remaining aid.

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iehi-feed-56179 Fri, 27 Feb 2015 16:13:11 GMT Chinese diplomat tells West to heed Russia's security concerns over Ukraine http://implode-explode.com/viewnews/2015-02-27_ChinesediplomattellsWesttoheedRussiassecurityconcernsoverUkraine.html iehi-feed-56177 Thu, 26 Feb 2015 22:13:41 GMT Jihadi John: Islamic State killer Radicalized After "Life Ruined" by British Security Services http://implode-explode.com/viewnews/2015-02-26_JihadiJohnIslamicStatekillerRadicalizedAfterLifeRuinedbyBritishS.html iehi-feed-56176 Thu, 26 Feb 2015 18:51:23 GMT The New Class War: European Banks vs. Greek Labour http://implode-explode.com/viewnews/2015-02-26_TheNewClassWarEuropeanBanksvsGreekLabour.html iehi-feed-56174 Thu, 26 Feb 2015 16:19:54 GMT ​Kiev introduces rationing, as falling hryvnia causes shopping binge http://implode-explode.com/viewnews/2015-02-26_Kievintroducesrationingasfallinghryvniacausesshoppingbinge.html iehi-feed-56173 Thu, 26 Feb 2015 16:15:26 GMT Bad for Business: After NSA Hack China Stops Buying Major US Tech Brands http://implode-explode.com/viewnews/2015-02-26_BadforBusinessAfterNSAHackChinaStopsBuyingMajorUSTechBrands.html iehi-feed-56162 Wed, 25 Feb 2015 17:06:05 GMT Cyprus will allow Russian vessels to call at its ports; Signs Cooperation Agreement http://implode-explode.com/viewnews/2015-02-25_CypruswillallowRussianvesselstocallatitsportsSignsCooperationAgr.html iehi-feed-56154 Tue, 24 Feb 2015 19:07:19 GMT Donetsk separatists eye key port of Mariupol as determination grows http://implode-explode.com/viewnews/2015-02-24_DonetskseparatistseyekeyportofMariupolasdeterminationgrows.html iehi-feed-56152 Tue, 24 Feb 2015 18:47:48 GMT Three Fronts For Russia: How Washington Will Fan The Flames Of Chaos In Central Asia http://implode-explode.com/viewnews/2015-02-24_ThreeFrontsForRussiaHowWashingtonWillFanTheFlamesOfChaosInCentra.html iehi-feed-56139 Mon, 23 Feb 2015 15:56:19 GMT The People Want Tiny Houses. Zoning Boards, Not So Much http://implode-explode.com/viewnews/2015-02-23_ThePeopleWantTinyHousesZoningBoardsNotSoMuch.html iehi-feed-56133 Sun, 22 Feb 2015 14:50:31 GMT Kerry Warns of More Russia Sanctions as Ukraine Simmers http://implode-explode.com/viewnews/2015-02-22_KerryWarnsofMoreRussiaSanctionsasUkraineSimmers.html iehi-feed-56131 Sun, 22 Feb 2015 00:45:51 GMT Merkel in Moscow and Minsk: Der Spiegel Says Putin Has Won http://implode-explode.com/viewnews/2015-02-21_MerkelinMoscowandMinskDerSpiegelSaysPutinHasWon.html iehi-feed-56129 Fri, 20 Feb 2015 23:39:26 GMT Reefer Madness: Why Is China on a Building Spree in the South China Sea? http://implode-explode.com/viewnews/2015-02-20_ReeferMadnessWhyIsChinaonaBuildingSpreeintheSouthChinaSea.html The construction activity is just the latest chapter in a long-running conflict over the South China Sea that has pitted China against most of its maritime neighbors and has brought it into conflict with the United States and Japan. China's push into the area seems designed to bolster Beijing's claim to the resource-rich waters -- which teem with fish and may hold plentiful reserves of oil and natural gas -- and to increase China's ability to project military force in an area traditionally dominated by the United States and its allies.

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"If China is actually able to build working airfields and other installations on newly manufactured islands, it will be able to put steel behind its territorial claims," said James Holmes, a professor of strategy at the U.S. Naval War College.

The reef building has some in Washington and Tokyo alarmed that Beijing will be able to station Chinese air and naval forces right in the middle of a key shipping lane that sees about $5 trillion worth of commercial traffic a year.

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