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Turkmenistan to start production at giant gas field

Turkmenistan plans to begin production at Galkynysh, the world’s second largest gas field, by June 30, which will allow it boost exports to Asia and help Europe lessen its dependence on Russian gas.

Turkmenistan, a post-Soviet Central Asian country of 5.5 million which borders Afghanistan and Iran, holds the world’s fourth-largest natural gas riches after Russia, Iran and Qatar. British auditor Gaffney, Cline & Associates has estimated the reserves of Galkynysh, named after the Turkmen word for “renaissance,” at 13.1 trillion to 21.2 trillion cubic metres.

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How America became a third world country

The streets are so much darker now, since money for streetlights is rarely available to municipal governments. The national parks began closing down years ago. Some are already being subdivided and sold to the highest bidder. Reports on bridges crumbling or even collapsing are commonplace. The air in city after city hangs brown and heavy (and rates of childhood asthma and other lung diseases have shot up), because funding that would allow the enforcement of clean air standards by the Environmental Protection Agency is a distant memory. Public education has been cut to the bone, making good schools a luxury and, according to the Department of Education, two of every five students won’t graduate from high school.

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Syrian Civil War Turns Proxy War With Military Mobilization

Russia primarily seeks to secure their portion of Syria, their people and their interests. Only secondarily does it support the Syrian government by more overt and covert measures. After they establish a more secure beachhead in the chaos, once safe from Western threats to bases and interests, they will then be in a better position to funnel supplies through those ports uninhibited. The warships carry with them supplies and marines and they are a lot more than a show of the flag. They are a tangible, genuine, military build-up on Syrian waters.

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Syrian Rebels in Trouble: BND, German Intelligence Sees Assad Regaining Hold

Not even a year ago, German intelligence predicted Syrian autocrat Bashar Assad’s regime would soon collapse. Now, the agency instead believes the rebels are in trouble. Government troops are set to make significant advances, it predicts.

Germany’s foreign intelligence agency, the Bundesnachrichtendienst (BND), has fundamentally changed its view of the ongoing civil war in Syria. SPIEGEL ONLINE has learned that the BND now believes the Syrian military of autocrat Bashar Assad is more stable than it has been in a long time and is capable of undertaking successful operations against rebel units at will.

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US Boosts Military Presence in Balkans

The Serbs living in the north of Kosovo flatly refuse to abide by the agreement reached in Brussels, which makes them deprived of the Serbia’s citizenship in favor of becoming Kosovars, or the citizens of Kosovo. Soon they will face a military force called in to guarantee the fulfillment of Brussels accords. The formations of 525th US Army Battlefield Surveillance Brigade come to take part in the three-week-long exercises in Hohenfels, Germany. The future mission includes combat planning, preventing and putting down public unrest, evacuation of wounded and interaction with civil officials.

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Saudi-Turkey rapport bodes well for global influence

The current political rapport between Riyadh and Ankara is an exciting development. If harmonized, it could completely result in the two countries achieving significant influence at regional and international levels.

The economies of the two countries stand at $ 5.1 trillion, with high growth rates. This will surely make their collective voice heard loud and clear.
In addition, the special status of Saudi Arabia in the Muslim world, together with its political and economic weight, when combined with the newly transformed modern Turkey, will give the two countries a powerful political role in the region.

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Revenge of the Bear: Russia Strikes Back in Syria

President Vladimir Putin of the Russian Federation has drawn a line in the sand over Syria, the government of which he is determined to protect from overthrow. Not since the end of the Cold War in 1991 has the Russian Bear asserted itself so forcefully beyond its borders in support of claims on great power status. In essence, Russia is attempting to play the role in Syria that France did in Algeria in the 1990s, of supporting the military government against rebels, many of them linked to political Islam.

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Fed Reserve suggests quant easing for EU zone

A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing programme to counter slowing inflation and recession in the euro zone.

The ECB has engaged in bond purchases in the past but has always withdrawn an equivalent amount of money from markets to ensure its interventions are neutral for the money supply, fearful of stoking inflationary pressures. St. Louis Federal Reserve Bank President James Bullard recommended the ECB could consider quantitative easing (QE), or printing money for asset purchases.

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‘Naive’ to Think Gold Isn’t Manipulated Too, Fund Manager John Butler Says

The gold price traded around the $1,380 spot price mark through all of Far East and most of the London session on Friday. But minutes after the equity markets opened in New York, the gold price got sold down twenty bucks in short order…and the subsequent rally didn’t get far. Once the Comex closed, the gold price got sold down to its low of the day in thin access market trading. The low price tick came at precisely 4:00 p.m. EDT in New York…and Kitco recorded that as $1,354.60 spot. After that, it recovered a few dollars doing into the close of electronic trading.

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India to use geo-stationery satellites for missile defence

India has launched an ambitious programme to use its array of geo-stationary satellites (G-sats) to monitor missile activities in an area of 6,000 km. With this, the country’s constellation of G-sats will become the first line of defence in its anti-missile shield. This programme is independent of the observation grid installed by defence and intelligence agencies. The advantage of using geo-stationary satellites is their fixed position at a height of 36,000 km and synchronised with the earth’s movement.

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Hezbollah fight their biggest battle in Syria

Lebanese Hezbollah guerrillas have fought their biggest battle yet for Syria’s beleaguered president, prompting international alarm that the civil war may spread and an urgent call for restraint from the US.

About 30 Hezbollah fighters were killed on Sunday, Syrian activists said, along with 20 Syrian troops and militiamen loyal to Syrian President Bashar al-Assad during the fiercest fighting this year in the rebel stronghold of Qusair, near the Lebanon border. That would be the highest daily loss for the Iranian-backed movement in Syria, highlighting how it is increasing its efforts to bolster al-Assad.

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Oman to buy $2.1B Raytheon missile system(THAAD) to counter Iran

Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region’s Arab monarchies to counter Iran.

Details of the contract, including the type of system involved, have not been disclosed, but Oman has been in the market for a medium-range surface-to-air missile system for some time.U.S. officials traveling with Kerry say the deal will enhance the air-defense systems the United States has sold to Saudi Arabia, the United Arab Emirates and other allies in the gulf.

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Swedes shaken by second night of riots in Stockholm suburb triggered by police shooting

Cars were engulfed in flames on Monday night and youths clashed with police in the north-western Stockholm district of Husby for a second night in a row.
“Six people have been arrested,” police spokesman Mats Eriksson told the TT news agency. “They are between 15- and 19-years-old. All of them are suspected of assaulting a public official (våld mot tjänsteman).” Firefighters who arrived to extinguish the blazes were met by young people throwing rocks. Shortly after midnight the fire from one burning car spread to three other nearby cars as emergency crews were unable to extinguish the flames.

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China’s Strategy in Afghanistan

For a relatively small drilling operation, China National Petroleum Corporation’s (CNPC) project in Afghanistan’s Sar-e-Pul province has a large footprint. These efforts are part of a rapid change in Chinese strategy. Until two years ago, Chinese strategists regarded Afghanistan as solely an American concern: Washington broke it, and Washington should have to put it back together. Now, Chinese state-owned enterprises (SOEs) are the largest investors in Afghanistan’s extractive sector and Afghan officials speak of Chinese investment as central to ensuring that the national government in Kabul will remain in power after 2014.

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Philippines boosts military to resist ‘bullies’

Philippine President Benigno Aquino on Tuesday announced a US$1.8-billion (S$2.26b) military upgrade to help defend his country’s maritime territory against “bullies”, amid an ever-worsening dispute with China.

The announcement came on the same day that the Philippines filed a protest with China over the “illegal and provocative” presence of a Chinese warship and two other vessels at a Filipino-claimed shoal in the disputed South China Sea. In thinly veiled comments referring to China, Aquino vowed during a speech to mark the navy’s 115th anniversary that the armed forces would be given the resources necessary to protect Philippine sovereignty.

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Entangling the dragon in Middle-Eastern quicksands

The quicksands of the Arabian Desert are notorious for swallowing up anyone trying to control the area. Historically, that’s what happened to Turkey, Britain, France, Russia and the US. Sooner or later, all discovered that instead of dominating the Middle East, they ended up being dominated by the region’s never-ending problems. And that may also be the fate of China, the latest power to be lured by the idea that it has to engage in Middle-Eastern diplomacy.

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Libya’s Vast Borders Still a No-Man’s Land for Most

On the outskirts of Ubari, a remote outpost in Libya’s southwest near the Algerian border, armed militia from the Tebu tribe speed across the desert in Toyota trucks towards the sprawling Sharara oil fields.

They, along fighters from the town of Zintan further north, are spearheading efforts – under the auspices of Libya’s defence ministry – to secure the oil installation’s vast perimeter from sabotage.

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Israeli sensors search for the S-300 in Syria

Israel may act to stop any attempt to transfer Russian-made S-300 surface-to-air missiles from Syria to Lebanon. Such a scenario is possible if the Assad regime in Syria feels it is losing control of the country in a future phase of its civil war.

According to reliable sources, at least one shipment of Russian-made S-300 missiles has been transferred to Syria. Israeli sources say this act is a “game-changer” – especially as Syria is the middle of a bloody civil war. Israeli sources said the Israeli Defence Forces (IDF) may have to act on “developing” circumstances in Syria.

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Imperial Overreach: America by Proxy?

The demise of the Roman Empire resulted from a combination of strategic overreach and excessive delegation of security responsibilities to newcomers. Without making undue comparisons, the question for the United States today is whether it can remain the world’s leading power while delegating to others or to technological tools the task of protecting its global influence. Drones and allies – non-human weapons and non-American soldiers – have become central to America’s military doctrine.

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Report: Syria aims half-ton warhead missiles at Tel Aviv

According to The Sunday Times, Syria has deployed advanced missiles carrying 500-kilogram (1100-pound) warheads with attack coordinates set for Tel Aviv. The report further suggests that spy satellites have been monitoring Syrian army movements and preparations to deploy the domestically produced Tishreen missiles. The missiles are reportedly being aimed at Tel Aviv and there are standing orders to fire them if Israel strikes Syria. Foreign media outlets claimed that Israel carried out two airstrikes in Syria earlier in the month, reportedly targeting advanced weapon shipments bound for Lebanese terrorist group Hezbollah.

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Rumors Spark Bank Run, Break-Ins in Brazil

Rumors that Brazil’s social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend.

Customers lined up at ATMs at dozens of bank branches of Caixa Economica Federal, a government-owned bank, which pays the social security subsidy on Saturday and Sunday. “The bank branches themselves aren’t open on Saturdays. What happened is that once the rumor gained momentum, people flocked down to their local branches to try to withdraw money from the ATMs,” Rafael Carregal, a journalist at Brazil’s main TV network Globo told CNBC.

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Russia Ready to Develop Long-Range Air Defense System with Turkey

Russia is ready to develop jointly with Turkey a long-range air defense complex based on S-300 surface-to-air missile systems, state arms seller Rosoboronexport head Sergei Ladygin said on Sunday.

Turkey launched a tender for the purchase of long-range air defense systems long ago but no winner has been announced to this day. “Russia is ready to offer as part of the tender a joint Russian-Turkish product based on the Antey-2500 system [the export version of the S-300 system]. For example, to mount the air defense system on the Turkish chassis,” Ladygin said at the weapons exhibition in the Peruvian capital of Lima.

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China deploys Su-27 fighters in Tibet, can target key Indian air bases

China’s all-weather fighter base in Tibet is now widening its range of options in the event of a conflict with India. Intelligence intercepts and satellite monitoring has confirmed that China may have to some extent overcome Tibet’s extreme altitude and temperatures to operationalise an all-weather airfield near the Tibetan capital Lhasa. The airfield is Gonkar, where China has deployed Su-27 fighters. Sources told CNN-IBN that the Gonkar airfield will enable Chinese fighters to widen their selection of Indian targets from Ladakh to Sikkim and Arunachal Pradesh

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A worldwide undersea gold rush is coming

An undersea gold rush could be coming soon with the rising cost of minerals and advancements in technology opening the seafloor to mining – environmental concerns not withstanding.

The potential for exploiting undersea reserves is higher than any time in history. Incentives for undersea mining are rising metal prices, the high profitability of mining companies, declining yields of land-based nickel, copper and cobalt sulphide deposits (over years of mining), as well as new advancements in the machinery that’s used to extract and process mineral rich rocks from the seabed.

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