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Bloomberg reports U.S. Plans to Hit Putin Inner Circle With Sanctions
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Continue reading here: Reader Question on Shadow Banking and Gold Buying in China
More here: Merkel Tiptoes Through the Tulips; Russia Debt Cut to One Notch Above Junk; Is Anyone in Control?
The nature of the regime in Kiev is also being papered over by the Western media, covering up the fact that the two main opposition parties that seized power, Svoboda and “Fatherland,†are in fact led by a collection of Neo-Nazis, bigots, racists, and anti-Semites . In a desperate attempt to cover up this lack of legitimacy, the West has sent many high level officials including a leading US Senator and the US Vice President to Kiev  to lend both political and material support. The latest visit by Vice President Joseph Biden appears to have been timed specifically to help coordinate a renewed push into eastern Ukraine, after Ukrainian troops surrendered en masse last week – refusing to carry out operations against their fellow countrymen.
The Wall Street Journal reports Japan CPI Rises Less Than Expected . A closely watched Japanese inflation gauge rose a bit less than expected in April, the government said Friday, creating room for possible doubts among Bank of Japan 8301.TO +0.81% policy makers that the recent increase in the domestic sales tax would stoke strong upward price movements
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