“Russia supplies arms to the official government of Syria in accordance with international laws,” said Russia’s President Vladimir Putin during the meeting at 10 Downing Street. He stressed that “the blood is on the hands of both parties” of the conflict, not only Bashar Assad’s government but also the rebels. “I think you will not deny that one does not really need to support the people who not only kill their enemies, but open up their bodies, eat their intestines, in front of the public and cameras,” Putin said referring to a video footage on the Internet of a rebel fighter eating a heart of a government soldier. “Is it them who you want to supply with weapons?” he said adding that it does not correspond with international humanitarian norms. The comments came as the two leaders met ahead of the G8 summit scheduled to start on Monday in Lough Erne, Northern Ireland. The President and Prime minister discussed a broad range of questions including security on Winter Olympics in Russia’s resort city Sochi, however the civil war in Syria was the main focus with questions after the press-conference concentrating on this topic. PM Cameron, unlike Putin, laid the total responsibility for the two-year Syrian crisis on President Bashar Assad. “The responsibility lies with Assad and the onslaught that he created with his people,” the PM said. The “new evidence makes that clearer than ever,” he added referring to the US claims of finding proof that the Syrian government had used chemical weapons against the rebels. The findings were disclosed on Thursday and assessment results were handed to the Russian Foreign Ministry which found them “unconvincing”. The press conference once again showed wide differences between Moscow’s and London’s approaches to the situation in Syria – something Cameron admitted straight away. Despite this, leaders said that the countries have a common goal and the desire to provide conditions of a diplomatic settlement of the ongoing Syrian conflict. “There is common ground in that we both see a humanitarian catastrophe”, Cameron said. Russia’s President agreed that “eventually we will solve the problem and put all parties at the negotiating table with joint efforts.” “This is one of the most appropriate solutions to the problem, and it can be solved only through political and diplomatic means,” Putin said. … Read More
Rohani on course to deliver shock result in Iran
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High Turnout, Rise of Centrist Candidates Mark Iran Pres. Election
Farideh Farhi: Despite voter anger in 2009, Iranians took to the polls in high numbers and strongly supported moderate candidates in initial results … Read More
Bilderberg: Powerful People Plotting in Secret is the Definition of ‘Conspiracy’
As over 140 of the richest and most powerful people on the planet meet this weekend at the Bilderberg meeting in Hertfordshire, England, the mainstream press still refers to the protesters in attendance as “conspiracy theorists”. … Read More
Google brings nutritional information to search results
Google just unveiled a new feature that will deliver nutritional information via search results. Relevant results for more than 1,000 different fruits, veggies, meats and other foods are now at your disposal so you can quickly find out how many calories, grams of fat or carbohydrates your next meal or… … Read More
U.S. Alone Refuses to Accept Venezuelan Election Results
Gregory Wilpert: In spite of a new audit of election results that shows a win by Maduro that is recognized by all countries of Latin America, the US supports opposition … Read More
Rosneft ramped up oil production by 24%
The results reflect Rosneft’s $55 billion acquisition of TNK-BP, which added about 9 million tons of oil to the company’s production output.According to Rosneft president Igor Sechin, Rosneft will produce 210-215 million tons of oil in 2013. Gas extraction will reach 50 billion cubic meters, refined oil will reach 95 million tons, which will yield a revenue of $160 billion. In 2012, Rosneft increased oil production by 2.7 percent compared to the previous year.Rosneft’s Krasnoyarsk oil field led the production output boost, producing 6.907 million tons of oil, up 24.8 percent from 2012.Yuganskneftegaz, a fully-integrated subsidiary of Rosneft, upped production to 21.863 million tons between January and April, the same time period it cut production costs by 1 percent.In total, Rosneft subsidiaries produced 44.363 tons of oil during the first four months of 2013, which is up 21.7% from the same period last year.Gregory Birge, co-director of Investkafe’s analytical department, and Rosneft management peg the benefit of the TNK-BP acquisition at an estimated $15 billion, which offsets Rosneft’s poor Q1 profit earnings and increased debt load.“The acquisition of TNK-BP is very positive for the shareholders of Rosneft,” Birge told Investkafe.ruMixed Q1 resultsOn April 30th, the night before the markets closed for Russia’s nine day spring holidays Rosneft quietly released their Q1 earnings.Profit results were poor having declined 14 percent after taxes and expenses. On the flip side, output and production surged 82 percent, and crude production rose 73 percent to 4.17 barrels a day, the company announced.Sales climbed 7 percent to reach 812 billion roubles ($26 billion), but the net debt ballooned to 1.78 trillion roubles ($56.8 billion)The Risky Rouble Russia’s biggest crude producers are upping their spending efforts to increase production and increase revenue to new highs.As the price of Brent declines and the dollar strengthens, the rouble has dropped. The currency started its negative trend at the beginning of the Russian holidays, peaked on May 10, and has dropped 0.26% against the dollar to 31.31 on New York’s exchange floor Monday. However, the plan could backfire with a serious depreciation of the Russian rouble, since most of capital financing is executed in dollars, while sales are tendered in roubles. Despite Russia’s slowing economy, inflation rose 7.2 percent in May, up 0.2 percent from April. The inflation is linked to seasonably high food pricesAccelerating inflation in April to 7.2 percent year on year launched a review by investors in favor of maintaining the current rates of the Central Bank in May, whereas before there was more support to mitigate interest rates. … Read More
