Monthly Archives: December 2010

The U.S. Senate ratified the New Strategic Arms Reduction Treaty (START 2)

Because has been a good leader, Santa Claus brought President Obama so coveted favorable vote to ratify the Start 2 treaty. The US Senate on Wednesday ratified an arms control treaty with Russia that reins in the nuclear weapons that could plunge the world into doomsday, giving President Barack Obama a major foreign policy win in Congress’ waning hours.

“The final vote came after Senate Democrats accepted two amendments designed to placate Republicans who had qualms about the treaty. The amendments, which passed on voice votes with bipartisan support, emphasized the administration’s commitment to a limited missile-defense program and to continued funding to modernize the aging U.S. nuclear weapons complex” said Whasington Post. The accord, which still must be approved by Russia, would restart onsite weapons inspections as successors to President Ronald Reagan have embraced his edict of “trust, but verify”.  According Ria Novosti, Russian Foreign Minister Sergey Lavrov said Moscow welcomed the vote but still needed to study the accompanying Senate resolution.

The New START treaty, signed by Obama and Russian President Dmitry Medvedev in April, would limit each country’s strategic nuclear warheads to 1,550, down from the current ceiling of 2,200. It also would establish a system for monitoring and verification. U.S. weapons inspections ended last year with the expiration of a 1991 treaty.

Update: 23 December 2010

The Russian President was pleased to learn that the United States Senate has ratified the START Treaty and expressed hope that the State Duma and the Federation Council will be ready to consider this issue shortly and to ratify the document, according presidential web site. Medvedev’s spokeswoman Natalya Timakova said that when he signed the New START treaty with President Barack Obama, they agreed that the ratification process should be conducted simultaneously. But Russian lawmakers need more time to examine a U.S. resolution ratifying the START nuclear arms reduction treaty before approving it, a senior MP said on Thursday, crushing hopes for a swift ratification in 2010, said Reuters. Konstantin Kosacev noticed that: “The ratification resolution as it was voted for by the U.S. Senate contains a large number of interpretations which require study and response from the Russian lawmakers”. Kosachev said the treaty will be debated in the State Duma lower house of parliament in the first reading on December24 at the last plenary session this year but then the MPs will go on their New Year holiday to re-convene after January10.

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Saxo Bank’s outrageous predictions for 2011

Although a few of last year’s predictions actually came true, Saxo Bank has released their outrageous predictions for 2011. They are meant to be true outliers and not actual predictions, so don’t expect them to hit 10 for 10 or even 7 for 10.  They say these are the “rare scenarios that could have a significant impact on the markets in 2011”. The point of the list is to help people think about outlier scenarios and what it might take to see these come to pass.
Let’s take a look at what can bring the new year:
  • U.S Congress blocks Bernanke’s QE3
  • Apple buys Facebook
  • U.S. Dollar Index tops 100
  • U.S. 30-year Treasury yield slides to 3%
  • Aussie-sterling dives 25%
  • Crude oil gushes before correcting by one third
  • Natural gas surges 50%
  • Gold powers to $1,800 as currency wars escalate
  • S&P 500 reaches all-time high
  • Russia RTS Index reaches 2,500
  • FT Alphaville has a fuller discussion about each prediction here. Which of the above will make in 2011 ? The readers interested in statistics can to read here what Saxo predicted for 2010 (they were right on 3 out of its 10).

    BAB’s War Series – About Orange Revolution, Putin and WikiLeaks disclosures

    BAB Redivivus: «How powerful I was and how philosopher I got»

    The playful Spirit of the Christmas holidays could not miss such a picturesque character like Boris Abramovich Berezovsky. In a recent interview, Russian tycoon shows what have in common the oligarchy and philosophy.

    From the memories of influential figure auto-exile in capital of the British Kingdom we  find: ”Investments in the Orange Revolution – the most effective for my life“. I honestly cannot avoid a smile. :))  Of course, the records showed that there was an unfortunate investment. As well as investing in a “bandit” like Vladimir Putin. Or in traitors friends like Roman Abramovich. Beyond the myth of his evil influence, it seems that Berezovsky’s preferences in terms of  people have been catastrophic for him. But God’s ways are unknown… Perhaps these was necessary to have a philosopher Boris A. Berezovsky.

    Asked about Wikileaks, BAB prove us its philosophical and religious enlightenment. «Firstly, the emergence of WikiLeaks – an event of historic importance in overcoming the global crisis of the Judeo-Christian civilization. In the Gospel of Mark says: “There is nothing hidden that shall not be made manifest, and nothing is kept secret, but that did not come to light”. Just before that happened, took years, even earlier – the decade and century. And today, in connection with the creation of new information technologies, everything was secret, it becomes clear just in real time.» Therefore, what made this Australian guy (founder WikiLeaks Jullian Assange ) is simply part of the Lord’s plan, said Berezovsky.

    Who actually use disclosures Wikileaks ? BAB philosophical approves that the  question is important but at the same time without  sense. No matter who  really uses as long as it provides ammunition for bellicose statements against Prime Minister Putin. ”And what happens now with WikiLeaks – this is the Second Coming of Christ“. Joining me the peaceful feelings of Christmas, I wish  to prime minister Putin a long political career. Because seems it will give a purpose in BAB’s life. And I wish to the former ‹gray eminences› Boris Berezovsky  many wikileaks revelations about Putin. Who knows what mystic – philosophical work about Anti-Christ can materialize out of these ! Or maybe a new doctrine World …? :))

    Full interview can be read here (in russian language).