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    #25
    The Daily Beast
    Biden Predicts Russia Will ‘Move In’ on Ukraine
    Shannon Vavra
    Wed, January 19, 2022, 3:44 PM
    Mandel Ngan/AFP via Getty

    In his administration's starkest analysis yet of Russian President Vladimir Putin’s plans, President Joe Biden said Wednesday that he believes Russia will invade Ukraine.

    “My guess is he will move in,” Biden said of Putin during his first press conference in roughly 10 months. “He has to do something.”

    But Biden also reiterated that Russia would face steep economic consequences if Putin pressed forward with an invasion. "He's never seen sanctions like the ones I promised will be imposed if he moves," Biden said, though he also indicated that sanctions would vary on the level of attack Putin takes.

    "It's one thing if it's a minor incursion and we end up having to fight about what to do and not do," the president said.

    Biden’s analysis comes after months of observations that Russia has been amassing hundreds of thousands of troops and equipment along its border with Ukraine.

    An Aging Vladimir Putin Hopes War Can Make a Sagging Empire Rise Again

    But administration assessments have largely wavered on whether Putin has actually decided to invade Ukraine.

    A senior administration official told The Daily Beast this week that they expect action to take place between mid-January and mid-February. Putin, the official said, is planning to use Russian operatives to conduct sabotage against Russian forces in order to create a justification to attack Ukraine.

    In recent days, the calculus for Russia appears to have shifted to some degree—Russia has deployed troops to Belarus, ostensibly as part of “drills.” But a senior State Department official said during a call Tuesday that Russia may just be using Belarus as a way to launch an attack on Ukraine from the north.

    “The timing is notable and of course raises concern that Russia could intend to station troops in Belarus under the guise of joint military exercises… in order to potentially attack Ukraine from the north,” the senior State Department official said.

    Given the sheer amount of troop movement towards Ukraine that Russia has coordinated in recent days—and the amount of expenditure that takes—military action looks extremely possible, said Larry Pfeiffer, a former senior director of the White House Situation Room and former CIA Chief of Staff.

    “The amount of military deployment that’s going on is extremely large. That’s an incredible expenditure of money and resources on the part of the Russians,” Pfeiffer told The Daily Beast. “There can be an argument made that at a certain point, that kind of expenditure, you’re going to move all that stuff there, you’re going to go forward with the military action.”

    At this rate, Putin could attack Ukraine “at very short notice,” Secretary of State Anthony Blinken said Wednesday during a visit in Kiev, Ukraine.

    https://ca.yahoo.com/news/biden-predicts-russia-move-ukraine-224404756.html

    Comment


      #26
      Originally posted by TOM4CWB View Post
      Errol; Crazy Ivan [Putin] and Iran [Yemen rebels who just blew up 3 storage tanks I'm UAE with drones] are not backing down any time soon... plus as Covid FF energy consumption ramps back up, the capital to bring shale oil and oil sands crude increases has motives never before experienced [RE Climate Change/Carbon tax= diminishing returns for investment vs past black oil capacity increases/cross subsidization of renewables]

      Short term $65/B dips are possible, but low probability of long term [black oil] trend down...in WTI and Brent...would be high risk to short these wouldn't you agree???

      Like going short Nov 22 Canola [now $825.90] would be high risk, wouldn't you think???

      Cheers
      November canola $800 puts may trade for $55/MT or lower. Example: This would position a grower with a $745/MT ($16.90/bu) plus or minus your fall delivered basis floor price with no production, no delivery obligation. No margin calls. No risk of payout penalty.

      Owning puts only, the grower has full cash market upside. If new crop canola prices go to the moon, you are on-board. But if canola prices tank, you have solid price protection.

      Tom, last year’s prices are last year’s prices. This is a changing economy that is now feeling remorseful with all the free money that is now disappearing quickly. Inflation has likely already peaked . . . .
      Last edited by errolanderson; Jan 21, 2022, 06:12.

      Comment


        #27
        Originally posted by errolanderson View Post
        November canola $800 puts may trade for $55/MT or lower. Example: This would position a grower with a $745/MT ($16.90/bu) plus or minus your fall delivered basis floor price with no production, no delivery obligation. No margin calls. No risk of payout penalty.

        Tom, last year prices are last year prices. This is a changing economy that is now feeling remorseful with all the free money that is now disappearing quickly. Inflation had likely already peaked . . . .
        When we get to $900 Nov22 Canola in a couple of months, perhaps puts could reasonably reduce risk, Capital is at a premium, $75/t is 10% of the price….

        Hopefully we can learn from high cost hedges made last year!

        Cheers

        Comment


          #28
          Crazy Ivan [Putin] denies Russian responsibility... in MH17 disaster: as he prepares for war...

          A total of 283 passengers, including 80 children, and 15 crew members were on board.
          Malaysia Airlines flight MH17, en route from Amsterdam to Kuala Lumpur, was travelling over conflict-hit Ukraine on 17 July 2014 when it disappeared from radar.
          A total of 283 passengers, including 80 children, and 15 crew members were on board.
          The plane crashed after being hit by a Russian-made Buk missile over eastern Ukraine, a 15-month investigation by the Dutch Safety Board (DSB) found in October 2015.
          In September 2016, an international team of criminal investigators said evidence showed the Buk missile had been brought in from Russian territory and was fired from a field controlled by Russian-backed separatists.
          The Dutch-led joint investigation team (JIT) concluded in May 2018 that the missile system belonged to a Russian brigade, and Australia and the Netherlands announced both were holding Russia responsible for downing the aircraft.
          Then, in June 2019, the JIT named four men it alleged were involved in bringing the missile into the area in eastern Ukraine, and charged them with the murders of 298 passengers and crew. It announced that international arrest warrants had been issued.

          How many of us... have recently recalled this haunting crime against humanity... Canadians killed...
          " this air disaster [ MH17 ] since that July day when a Russian-made surface-to-air missile exploded next to the Malaysia Airlines cockpit."

          Too soon forgotten???:


          https://www.bbc.com/news/world-europe-28357880

          https://www.bbc.com/news/world-europe-59979885

          Ukraine's President Volodymyr Zelensky has hit back at comments made by his US counterpart Joe Biden about a "minor incursion" by Russia into his country.
          Mr Biden had suggested that a "minor" attack might bring a weaker response from the US and its allies.
          But Mr Zelensky tweeted: "There are no minor incursions. Just as there are no minor casualties and little grief from the loss of loved ones."
          Russia has some 100,000 troops near the border but denies planning an invasion.
          President Vladimir Putin has made a series of demands to the West, insisting Ukraine should never be allowed to join Nato and that the defensive alliance abandons military activity in eastern Europe.
          Presentational grey line
          Tensions over Ukraine
          EXPLAINED: Is Russia preparing to invade Ukraine?
          FROM KYIV: Ukrainians wait as Russia faces off with the West
          FROM BRUSSELS: EU 'closest to war' in decades over Russia-Ukraine crisis
          UK SUPPORT: UK says it is sending weapons to defend Ukraine

          Presentational grey line
          On Wednesday, President Biden told a news conference that Mr Putin would pay a "serious and dear price" for invading Ukraine, but also indicated that it might depend on how Russia went about it.
          "What you're going to see is that Russia will be held accountable if it invades and it depends on what it does," he said. "It's one thing if it's a minor incursion, and then we end up having to fight about what to do and not do etc."

          https://www.bbc.com/news/world-europe-60072502
          Last edited by TOM4CWB; Jan 20, 2022, 19:59.

          Comment


            #29
            Does anyone else feel an oil top here?

            Comment


              #30
              Just put in a new 7+ yr high so could be...
              80.82 support - continuous

              Comment


                #31
                Putin using Belarus to stage Russian troops on northern border of Ukraine... now with military exercises on 3 sides of Ukraine...

                US charges four Belarus officials with aircraft piracy over flight diversion
                Published5 hours ago

                Ryanair Belarus flight diversion
                The diverted Ryanair flight sitting on the ground in Minsk airport as security staff and sniffer dogs check luggage
                IMAGE SOURCE, EPA
                Image caption,
                The Ryanair flight from Athens to Vilnius was forced to land in Minsk
                The US has charged four Belarusian officials with aircraft piracy over the diversion of a passenger plane to Minsk last May.
                Prosecutors allege the officials used a false bomb threat to divert a Ryanair flight to the Belarus capital, where opposition journalist Roman Protasevich and his partner were detained.
                FBI officials said the incident was a "reckless violation".
                Earlier this week a UN report concluded the bomb threat was deliberately false.
                A spokesperson for the US Justice Department said the four men, Leonid Mikalaevich Churo and Oleg Kazyuchits - the director general and deputy director general of Belarus' state air navigation authority - and state security officers Andrey Anatolievich Lnu and Fnu Lnu, remain at large in Belarus.
                If they were tried in a US court they would face a life sentence.
                According to the charges, Mr Churo personally communicated the false bomb threat to Belarusian air traffic officials before the Ryanair flight to Vilnius in Lithuania took off from the Greek capital Athens.
                The air traffic officials waited for the plane to enter Belarusian air space before alerting the pilot to the purported bomb threat in order to force it to land in Minsk.
                Mr Churo's deputy, Mr Kazyuchits, later attempted to have the incident record falsified to hide the bomb threat and the involvement of state security officials, the indictment alleges
                .
                Speaking after the charges were filed at a federal court in New York, FBI Assistant Director Michael Driscoll called the hijacking a "reckless violation of US law".
                "The next pilot who gets a distress call from a tower may doubt the authenticity of the emergency - which puts lives at risk," Mr Driscoll added.
                Last year, Ryanair CEO Michael O'Leary referred to the incident as a "state-sponsored hijacking".
                The incident sparked international outrage and punitive sanctions were imposed on Belarus by the US, EU and the UK.
                At the time, Belarusian president Alexander Lukashenko insisted the bomb threat had been real and he was "thinking about the country's security".
                Mr Protasevich, a 26-year old journalist with the Nexta opposition media, and his partner Sofia Sapega were detained once the flight had landed in Minsk.
                Mr Protasevich was released from prison in June and has spent the past seven months under house arrest.
                His parents told Belarusian media in November that their contact with him has been intermittent since his release.

                Mr Lukashenko - who has ruled Belarus since 1994 - claimed victory in a widely discredited presidential election in 2020, sparking months of mass protests.
                He has since launched a brutal crackdown on dissenting voices who challenged his win.

                https://www.bbc.com/news/world-us-canada-60077773

                Comment


                  #32
                  New 7+ yr high in crude today

                  Comment


                    #33
                    Diesel through resistance.
                    Rack price hit a buck

                    Comment


                      #34
                      Originally posted by farming101 View Post
                      Diesel through resistance.
                      Rack price hit a buck
                      Shit... there's nothing but my pay cheques that will be cheaper this upcoming crop!

                      Comment


                        #35
                        Oil up bigly today after following the whole market down for a couple of days.
                        Grains all up nicely.
                        All green today!

                        Comment

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