Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22
How to Profit from 2022’s Biggest Trend Reversal - 11th Jan 22
Stock Market Sentiment Speaks: Are We Ready To Drop To 4400SPX? - 11th Jan 22
What's the Role of an Affiliate Marketer? - 11th Jan 22
Essential Things To Know Before You Set Up A Limited Liability Company - 11th Jan 22
Fiscal and Monetary Cliffs Have Arrived - 10th Jan 22
The Meteoric Rise of Investing in Trading Cards - 10th Jan 22
IBM The REAL Quantum Metaverse STOCK! - 9th Jan 22
WARNING Failing NVME2 M2 SSD Drives Can Prevent Systems From Booting - Corsair MP600 - 9th Jan 22
The Fed’s inflated cake and a ‘quant’ of history - 9th Jan 22
NVME M2 SSD FAILURE WARNING Signs - Corsair MP600 1tb Drive - 9th Jan 22
Meadowhall Sheffield Christmas Lights 2021 Shopping - Before the Switch on - 9th Jan 22
How Does Insurance Work In Europe? Find Out Here - 9th Jan 22
Effect of Deflation On The Gold Price - 7th Jan 22
Stock Market 2022 Requires Different Strategies For Traders/Investors - 7th Jan 22
Old Man Winter Will Stimulate Natural Gas and Heating Oil Demand - 7th Jan 22
Is The Lazy Stock Market Bull Strategy Worth Considering? - 7th Jan 22
What Elliott Waves Show for Asia Pacific Stock and Financial Markets 2022 - 6th Jan 2022
Why You Should Register Your Company - 6th Jan 2022
4 Ways to Invest in Silver for 2022 - 6th Jan 2022
UNITY (U) - Metaverse Stock Analysis Investing for 2022 and Beyond - 5th Jan 2022
Stock Market Staving Off Risk-Off - 5th Jan 2022
Gold and Silver Still Hungover After New Year’s Eve - 5th Jan 2022
S&P 500 In an Uncharted Territory, But Is Sky the Limit? - 5th Jan 2022

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

G-7 Summit Russia Bashing

Politics / New Cold War Jun 07, 2015 - 12:32 PM GMT

By: Stephen_Lendman


G-7 British, Canadian, French, German, Italian, Japanese and US leaders meeting Sunday and Monday in Germany intend assuring dirty business as usual continues.

Expect Russia bashing to be featured - including extending lawless sanctions and irresponsibly blaming Putin for US orchestrated/Kiev aggression in Donbass.

Russia is the continent's leading peacemaker - fundamentally against war, other forms of violence and instability. At the same time, prioritizing mutual cooperation with all nations - especially on issues mattering most.

G-7 countries are belligerents, irresponsibly bashing Russia for their own self-interest. Even Japan upgraded its military alliance with Washington - partnering against China.

So-called leaders of the free world are meeting under heavy security at Germany's luxury Elmau Castle in the Bavarian Alps. No ordinary folks are welcome anywhere near the site.

Large global justice protests are ongoing in Garmisch-Partenkirchen - a resort town a few miles from the summit's venue. Thousands of police responded violently as expected.

One protester spoke for others saying "(w)hat we bring here is protest against capitalist globalization, where people get impoverished every year more."

Another said G-7 leaders "are responsible for war, for environmental destruction, and I think it's the symptoms of the capitalist system."

German Communist party vice president Hans-Peter Brenner said "Russia is not a communist country anymore…but I think (it) has a great role to play against the aggressive NATO, and therefore we want to have cooperation between European countries including Russia."

"(A)nti-G-7 communists are also against NATO's interference in the affairs of Ukraine."

Last week, former leftist German politician Oskar Lafontaine called the G-7 lineup "questionable. I believe we must invite Putin," he said.

Major world issues can't be properly addressed without him, China's Xi and India's Modi, he stressed. Other German politicians voiced similar views.

Bavarian taxpayers association president Rolf von Hohenhau estimates two days of talks for seven leaders, their entourages and massive security involving thousands of police and other personnel will cost about 360 million euros - about $400 million.

In March 2014, Vladimir Putin was excluded. G-8 became G-7, maybe permanently. 

Germany's Angela Merkel called Russia's participation impossible without returning Crimea to Ukraine. At the same time, she knows its residents overwhelming voted to return to Russia as international law allows. Self-determination is a universal right.

She ludicrously said G-7 nations "are united with such values as democracy and the rule of law" - knowing NATO members America, Britain, Canada, France, Germany and Italy egregiously violate it repeatedly, waging direct and proxy wars of aggression against nonthreatening states.

America's media urge continued anti-Russian toughness. A previous article discussed irresponsible New York Times Putin bashing. Its editors urged maintaining illegal sanctions. 

A feature June 6 Times article headlined "Task for Obama at Group of 7 Is to Reinforce Isolation of Russia."

Instead of responsibly urging mutual cooperation in dealing with major world issues, the Times wants one of the world's most important countries isolated, marginalized, weakened and vilified - based on Big Lies about its agenda.

Deputy US national security advisor Ben Rhodes said "(m)ost urgently, the focus is on maintaining unity around the sanctions…"

"We need to maintain the pressure, show that there cannot be cracks in the trans-Atlantic unity, and show that the costs are just going to continue to grow for Russia."

According to The Times, "debate over how to address Moscow's (nonexistent) aggression in Ukraine is likely to overshadow the meetings…"

How long some European leaders will continue going along with policies harming their own interests remain to be seen.

Last June, Putin parried his G-7 snub by wishing world leaders "bon appetit." On Thursday, Russian Deputy Foreign Minister Sergei Ryabkov said:

"The G8 format was not always that productive. Working (with other) BRICS (countries Brazil, China India and South Africa) and G-20 (nations) is much more interesting for us."

The Wall Street Journal hyped nonexistent "Russian aggression" in Ukraine saying "for the second consecutive year…leaders gather for what senior US officials describe as 'a meeting of the minds on Ukraine.' "

Former US deputy national security advisor to Vice President Biden, Julianne Smith, called Ukraine the "800 pound gorilla" at the summit.

Talks will focus heavily on what's next. Escalated Kiev belligerence orchestrated by Washington indicate continued war blamed on Russia. 

Expect heavy-handed US pressure to get EU partners to go along with what harms their own interests. It bears repeating. For how long remains to be seen.

By Stephen Lendman

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

He lives in Chicago and can be reached in Chicago at

Also visit his blog site at and listen to The Global Research News Hour on Monday through Friday at 10AM US Central time for cutting-edge discussions with distinguished guests on world and national topics. All programs are archived for easy listening.

© 2015 Copyright Stephen Lendman - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in