Thursday, April 24, 2014

Greg Hunter,“Weekly News Wrap-Up 4.25.14”

“Weekly News Wrap-Up 4.25.14”
By Greg Hunter’s 

“Last week, I told you the deal reached on the Ukraine crisis would be “extremely temporary.” That was on Friday, and by Easter Sunday, there was bloodshed and the deal was off.  Now, the pro-West Ukrainian officials announced the resumption of its anti-terror program against the pro-Russian militia in Eastern Ukraine. Russia says this is military force on citizens, and it is “criminal.” Russian Foreign Minister Sergey Lavrov said if Russians are attacked in Eastern Ukraine, Russia would respond. Russia is also holding war games on the Ukrainian border. Likewise, the U.S. is sending troops to Poland and other Eastern European allies for their own war games. If that hasn’t ratcheted up the tensions enough, now there is talk of more sanctions including going after Vladimir Putin’s $40 billion fortune. Some of that cash is reportedly in Swiss bank accounts. Putin says the West might “cut off your nose to spite your face.” Also, there is the pair of Russian bombers that were spotted flying towards the UK and Belgium. Both the UK and Belgium scrambled fighters and nothing happened, but was that a test or some sort of message being sent by Russia? It all adds up to be one big mess that is growing and not shrinking.  

News from the Middle East is not good either. Hamas and the Palestinian Authority (PA) have joined forces after years of bitter rivalry. This pretty much dooms any chance of peace with Israel because neither Hamas nor the PA will recognize Israel’s right to even exist. Israel has broken off talks. Meanwhile, in Syria, there was another poison gas attack. The al-Qaeda backed rebels say it’s the Assad regime, and Syria denies it. There are calls for the U.N to investigate. 

The disputed waters and islands in the South China Sea is another hot spot in the world. The President is visiting Asia and reassuring countries like Japan that the U.S. backs them in the dispute in the Senkaku Islands over China. China has laid claim to the Islands along with some 600 miles of what China calls an “air defense zone.” Both are in the South China Sea and have been bitterly disputed, and the dispute is far from over. 

The Bureau of Land Management (BLM) is out for another land grab, and this time it’s on the Texas/Oklahoma border. The BLM wants 90,000 acres. Texas Attorney General Greg Abbott says it is private property and that the land in question “belongs to Texas.” The Texas AG is promising a heavy legal fight if the government tries to take the land. I predict a new trend of state politicians fighting back against government overreach.   

It’s spring planting time in the heartland. There is plenty of water in the Eastern half of the country, but the Western part of the country is a different story. It is still suffering from a crippling drought. There is still severe to extreme drought going on in parts of Texas, Kansas, Nebraska, California, Nevada, New Mexico and even Oregon. This spells nothing but higher prices for meat and vegetables. It is part of the reason why food inflation is spiking. Of course, the other reason is the massive Fed money printing and countries increasingly dumping the U.S. dollar. 

Join Greg Hunter as he analyzes these stories and more in the Weekly News Wrap-Up.”

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