Tuesday, April 28, 2015

ISRAEL, GREECE UPDATES

Israel, Iran:

Obama Admin Threatens Jews: We Will Abandon Israel If Netanyahu Backs Away From Two-State Solution

Obama bowing to Iran deal

The Tectonic Shift in Obama's Iran Policy; A nuclear deal is only the beginning. The president’s goal, at the expense of America’s allies, is full-fledged détente with Iran

Excerpt:

. . . for tectonic plates, it takes a move of just inches to level whole cities.

Krauthammer: WH Was ‘Deliberately Deceiving’ Public and Congress on Iran

Former State Department Official: Iran Playing 3-D Chess While US Plays Checkers

Obama Backed Iran Over Saudi Arabia in Yemen Strikes

Obama Cracks Netanyahu, Iran Jokes at White House Correspondents’ Dinner

Obama ‘won’t meet Netanyahu’ until after nuke talks deadline; fears PM would publicly blast his Iran policies if invited to the White House

Did Clinton-Iran ties boost nuke program?

UN Non-Proliferation Meeting (April 27 thru May 22) Could Bring New Wrangling Over Israel

Don't tempt him (cartoon)

Obama's buds (cartoon)

Obama's Iran deal (cartoon)

The Fine Print (cartoon)

Rev. Cruz: Obama Admin. 'Has Cursed The Nation of Israel More Than Any Other Administration in History'

Will Iran attempt seize Saudi oil fields?



And shortly before posting today's post:



Interesting to note that on the same day that the Supreme Court takes up President Obama's heartbeat, same-sex marriage, his new 'best friends' seize a US cargo ship, and there has been intensifying rioting in Baltimore since Saturday.

Zerohedge: Iran Forces Open Fire On, Seize "Trespassing"US Cargo Ship With 34 People On Board, Arabiya Reports

---------------------------------------------

The 'other' nuclear story:

Nuclear waste spilling into Pacific Ocean after power outage hits Fukushima plant — Radiation Expert: Site is so radioactive and unstable “it may never be contained”

Officials deny Fukushima link after extreme levels of radiation detected in Tokyo playground

---------------------------------------------

Greece:



NEWSMAX: Greek economic collapse would rock the world

MORAN:  Why you should be really, really, worried about a Greek default

Excerpts:

Greece is on the edge of defaulting on its debt. The reasons aren't as important as what a "Grexit" might do to the American economy.

Thankfully, American banks have very little direct exposure to a Greek default. But the wild uncertainty of what would happen to the rest of Europe in the case of a Grexit is extremely worrisome to American financial institutions. . . . In an afternoon, the international banking system could collapse. . . the handwriting is on the wall.

Greece is rapidly running out of money, a situation so dire that the unthinkable is on the table: a default on obligations to the International Monetary Fund, one of the world’s few preferred creditors

What Greece Owes and When

Not only does Greece not have the nearly €1 billion in cash it will need to fund May payments to the IMF, but it is suddenly short by €400 million for wage and pension payments

Another financial crisis arrives on Europe’s doorstep; why Greece may be the new Lehman

Assessing the risk of a Greek default; a full-blown ECONOMIC CRISIS IN EUROPE would have serious ramifications for the global economy, likely setting off another worldwide global recession (emphasis in original article)

Goldman Gets Cold Feet:"It Is Difficult To Predict How Negative The Market Reaction To Grexit Would Be"

Germany Prepares For "Plan B", Says Greece Would "Need Not Only A Third Bailout, But Fourth, Fifth Or Even More"

Capital Controls Arrive: Greece Begins Confiscating Deposits Of "Small Debtors"

Greek Crisis Could Keep Fed Mum on Rate Rise

---------------------------------------------

Other places to watch:

ARGENTINA: This week, the murder of prosecutor Alberto Nisman took a rather intriguing turn

AUSTRIA: An Austrian Province Just Requested A State Bailout; the ripple effects of the "mini-Greece going off in the heartland of Europe"

BRAZIL: Foreigners who came to Brazil in boom times flee the bust

PUERTO RICO: Puerto Rico Warns Of Imminent Government Shutdown Due To "Liquidity Crisis"; "Puerto Rico is indeed Greece”; the U.S. territory faces a looming government shutdown thanks to “the absence of liquidity to operate"

SWITZERLAND: The "War On Cash" Migrates To Switzerland; Banks Increasingly Refuse Cash Withdrawals