Courtesy of Mish.
As the US (but not Germany) threatens more sanctions to "punish" Russia, I keep wondering who is punishing whom?
Is Chancellor Merkel finally beginning to see the economic and geopolitical stupidity of sanctions?
I ask because the Wall Street Journal reports Merkel: No New Economic Sanctions on Russia Planned.
Meanwhile, Obama and Putin briefly met on Tuesday at the Asia-Pacific Economic Cooperation summit in Beijing.
On that note, the Washington Examiner reports Obama Talks Ukraine with Putin as White House Hints New Sanctions are Coming.
Rocks in Head Sure to Rattle
Russia has responded twice in two days in ways that will have the rocks in president Obama's and Senator John McCain's head rattling for sure.
Russia to Build 8 New Nuclear Reactors in Iran
The Financial Times reports Russia-Iran Nuclear Reactor Deal Raises Eyebrows.
Russia has agreed to build eight new nuclear reactors in Iran in a deal raising eyebrows in Washington and Europe as fraught international talks to curb Tehran’s atomic ambitions near their deadline.
Meeting in Moscow on Tuesday, Iranian and Russian officials said they had negotiated terms for the construction by Russia’s state nuclear power company Rosatom of four new reactors at the Islamic republic’s existing Russian-built Bushehr facility, and four more at another site in the country.
Russian officials said their eight-plant nuclear deal – the broad terms of which were first laid down in a 1995 agreement – could boost efforts to make Iran’s nuclear activities more transparent and would benefit the Vienna discussions. …
[Picture by tpsdave at pixabay.]
