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Netanyahu: New Iran nuclear deal will lead to ‘war, and then another war’

Assessment: The new agreement taking shape will pave the way for Iran to become a nuclear threshold state, says former Israeli Prime Minister Benjamin Netanyahu. “It is a horrible deal. We should oppose it with every fiber of our being.” …

Former Israeli prime minister and current opposition leader Benjamin Netanyahu told a group of U.S. Jewish leaders on Tuesday that the nuclear deal with Iran taking shape in Vienna would lead to war.

“This deal will bring war. This deal that [the Americans and world powers] are coming back to,” said Netanyahu. “This region will become a nuclear tinderbo


x. This will bring war, and then another war,” he said, adding, “we are going from a bad deal to a worse deal.”

For seven months the house of Israel will be burying them, in order to cleanse the land. 13 Indeed all the people of the land will be burying, and they will gain renown for it on the day that I am glorified,” says the Lord God. Ez. 39:12

Netanyahu made the remarks to the Conference of Presidents of Major American Jewish Organizations’ Leadership Mission during their visit to the Knesset.

Having Iran sign a deal “doesn’t kick the can forward. It lightly nudges the can for two-and-a-half to three years,” said Netanyahu. “You’re not even kicking the can down the road—which by the way is a nuclear can,” added. The new deal, he continued, is essentially a “seal of approval” for Iran to become a nuclear threshold state.

Read More @ Jewish Press HERE

Market Watch: Oil hits highest since 2014 on Russia-Ukraine escalation

LONDON (Reuters) -Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices to near $100 a barrel.

The United States and its European allies are poised to announce new sanctions against Russia after President Vladimir Putin formally recognised the two regions in eastern Ukraine, escalating a security crisis on the continent.

“The potential for a rally over $100 a barrel has received an enormous boost,” said Tamas Varga of oil broker PVM. “Those who have bet on such a move anticipated the escalation of the conflict.”

Brent crude, the global benchmark, was up $3.38, or 3.5%, at $98.77 at 1000 GMT, having earlier reached $99.50, the highest since September 2014.

U.S. West Texas Intermediate (WTI) crude jumped $4.40, or 4.8%, to $95.47 versus Friday’s settlement, having earlier reached $96, also the highest since 2014. The U.S. market was closed on Monday for a public holiday.

“We see the oil market in a period of frothiness and nervousness, spiced up by geopolitical fears and emotions,” said Julius Baer analyst Norbert Rücker.

Read More @ Yahoo Finance HERE

U.S. Condemns Russian Move at UN, Reassures Kyiv: Ukraine Update

(Bloomberg) — The U.S. led condemnation of Russia’s actions at the United Nations, after President Vladimir Putin’s decision to officially recognize two self-proclaimed separatist republics in eastern Ukraine escalated tensions with the West.

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  • U.S. Condemns Russian Move at UN, Reassures Kyiv: Ukraine Update
  • Stocks Retreat, Ruble Weakens on Ukraine Tension: Markets Wrap
  • Kremlin Cautious on Prospect of Biden-Putin Summit Amid Tensions
  • The U.S. and the U.K. said they would place additional sanctions on Russia in response to the move, which torpedoed European-mediated peace talks and prompted the State Department to temporarily evacuate personnel.
  • The ruble tumbled its most in about two years, while the Biden administration reaffirmed its “unwavering” support for Ukraine.Putin also ordered the Defense Ministry to send what he called “peacekeeping forces” to the separatist regions. Moscow continues to deny it plans to invade and the question now becomes what the U.S. and its allies would define as an invasion, and what will trigger the bigger sanctions.Key Developments
    • U.S. Orders Personnel Out of Ukraine on Threat From Russia
    • Putin Orders Forces to Separatist Areas of Ukraine After Decree
    • Stocks to Extend Drop on Deepening Ukraine Tension: Markets Wrap
    • U.S. Warns That Russia May Target Multiple Cities in Ukraine
    • Explainer: Why Minsk Accords Are Murky Path for Ukraine Peace
    • Why Donetsk and Luhansk Matter to Putin and Global Security: Q&A

    All times CET:

    Blinken Reassures Kuleba in Call (5:40 a.m.)

  • Read More @ Yahoo HERE

The European Central Bank Is Trapped Like the Federal Reserve

Is it any wonder that with inflation at a 40 year high, the Federal Reserve in its January meeting, decided NOT to raise interest rates...?

European Central Bank., interest rates, Jay Powell, money printing

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Ukraine Defense Chief Says “Low Probability” Of Major Conflict With Russia, Contradicting Biden

Ukraine Defense Minister Oleksii Reznikov told parliament on Friday that there is a low probability of any major escalation with Russia. He added that Ukraine intelligence sees every move made in the area.

Tensions at the Russia-Ukraine border have been ongoing, with several Western nations repeatedly predicting a huge war. Ukraine has chided those nations for causing a panic.

“Our intelligence sees every move that could pose a potential threat to Ukraine. We estimate the probability of a large-scale escalation as low,” Reznikov said.

The timing of the statement is interesting given that just the day prior, President Joe Biden stuck by the White House assessment that an invasion is imminent.

“We have reason to believe they are engaged in a false flag operation to have an excuse to go in,” Biden told reporters at the White House on Thursday. “Every indication we have is they’re prepared to go into Ukraine and attack Ukraine.”

The fact that Ukraine’s defense chief, who is certainly closer to the situation than anyone at the White House, directly contradicted Biden’s words is no minor thing.

Predictions of such a conflict go back years, and while previous Ukraine officials had similar pessimism about it, more recently officials see a lot more chance for diplomacy.

Meanwhile, US officials have continued seeking to convince and warn Kiev that a ‘Russian invasion’ is imminent…

Read More @ Zero Hedge HERE