Tuesday, February 10, 2015

Zero Hedge — How Russia Plans To Retaliate For The Saudi-Driven Collapse In Oil


How to play oil in light of geopolitics.

As Greek Kathimerini reported, "Greece's Foreign Minister Nikolaos Kotzias is to visit Moscow on Wednesday to hold talks with his Russian counterpart Sergei Lavrov, Russia's Interfax and TASS news agencies reported on Monday citing a source in the Russian Foreign Ministry." 
In other words, at precisely the same time as the FinMin is in Brussels discussing the fate, or lack thereof, of Greece in the Eurozone, the new Greek foreign minister will be in the Kremlin, getting instant updates from Brussels and perhaps discussing the fate of Greece in the Eurasian Economic Union. 
Which means that as soon as tomorrow night, if the Eurozone is indeed intent on kicking Greece out as some have suggested, we may know if not Russia but Europe is who suddenly becomes more "isolated", as one of its current member flips allegiance to the man most hated by the entire "developed" world.

3 comments:

Anonymous said...

I doubt we will know anything by tomorrow night. Greece is exploring options, maximizing leverage, and also looking for support from the US.

dave said...

So the idea here is that we colluded with the Saudi's to collapse the price of oil so that the Syrian gov't will fall, where the primary opposition is led by ISIS?

Not buying it.

Ryan Harris said...

Our monetary union works. Obama should offer statehood to Greece. (Not that Greeks would seriously want it) Let the Euro-phile politicians sweat.