Dennis Kucinich on Russia Today: Bankers partied as economic crisis hit

A Democratic Congressman in the US has launched a scathing attack on some bank executives, who he accuses of throwing parties while the US economy goes up in smoke.


November 25, 2008, 11:29

Source: Russia Today

Russia seeks new missiles due to U.S. shield plans

“Medvedev also said Russia would try to electronically jam the U.S. system.”

The Russians supposedly have developed scalar weapons that can easily take out any electronic equipment and those longitudinal waves cannot be shielded.
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Russia’s intercontinental ballistic missile takes off from Plesetsk launching pad, May 29, 2007. REUTERS/Str

MOSCOW (Reuters) – Russia has intensified efforts to develop new ballistic missiles in response to U.S. plans to deploy an anti-missile system in Europe, Interfax news agency quoted a top Russian general as saying on Friday.

The decision by the United States to deploy interceptor missiles in Poland and a radar system in the Czech Republic has angered Moscow, which says Russia’s national security will be compromised by the U.S. anti-missile system.

Colonel-General Nikolai Solovtsov, Commander of Russia’s Strategic Missile Forces, was quoted by Interfax as saying that Russia had bolstered its efforts to develop new missiles.

“At the present time, work has been intensified to create the research and technical foundation for new missile systems, which will be needed after 2020,” Solovtsov said.

Russian President Dmitry Medvedev announced on November 5 that Moscow would install Iskander short-range missile systems near the Polish border if Washington proceeds with its missile plans.

Medvedev also said Russia would try to electronically jam the U.S. system.

Read moreRussia seeks new missiles due to U.S. shield plans

Japan-U.S. missile defense test fails off Hawaii


A missile is launched from the Japan Maritime Self-Defense Force ship Chokai in the Pacific Ocean near Hawaii November 20, 2008. (Japan Maritime Self-Defense Force/Handout/Reuters)

WASHINGTON (Reuters) – A Japanese warship failed to shoot down a ballistic missile target in a joint test with U.S. forces Wednesday because of a glitch in the final stage of an interceptor made by Raytheon Co, a U.S. military official said.

The kinetic warhead’s infrared “seeker” lost track in the last few seconds of the $55 million test, about 100 miles above Hawaiian waters, said U.S. Rear Admiral Brad Hicks, program director of the Aegis sea-based leg of an emerging U.S. anti-missile shield.

“This was a failure,” he said in a teleconference with reporters. It brought the tally of Aegis intercepts to 16 in 20 tries.

The problem “hopefully was related just to a single interceptor,” not to a systemic issue with the Standard Missile-3 Block 1A, the same missile used in February to blow apart a crippled U.S. spy satellite, Hicks said.

Read moreJapan-U.S. missile defense test fails off Hawaii

Medvedev Confronts U.S. on Missile Shield After Obama Victory

Nov. 5 (Bloomberg) — Russian leader Dmitry Medvedev said he would deploy new missiles in Europe, confronting the U.S. on the day Barack Obama was declared the winner in America’s presidential election.

Medvedev said he would place a short-range missile system designed to carry conventional warheads in Russia’s exclave of Kaliningrad, wedged between Poland and Lithuania.

“An Iskander rocket system will be deployed in the Kaliningrad region to neutralize the missile-defense system if necessary,” Medvedev said, referring to U.S. plans to place elements of a missile shield in Poland and the Czech Republic.

Medvedev blamed the U.S. for failure to coordinate its economic policy with other countries so that a “local” crisis turned into a global one, leading to “a fall on the markets of the whole planet.” He also renewed his assertion that the U.S. provoked the war between Russia and Georgia in August.

Read moreMedvedev Confronts U.S. on Missile Shield After Obama Victory

Russian Lawmaker Says Moscow to Deploy Weapons Near Poland

A senior Russian lawmaker says Moscow will deploy high-precision weapons near Poland, in response to a U.S. – Poland missile defense agreement signed in Warsaw last month.

Viktor Zavarzin, head of the defense committee in the State Duma, said Thursday Russia has new weapons that will be installed near the sites where Washington plans to deploy interceptor missiles.

Read moreRussian Lawmaker Says Moscow to Deploy Weapons Near Poland

Russia to respond militarily to U.S. missile shield

MOSCOW, August 27 (RIA Novosti) – Russian President Dmitry Medvedev has said Russia will have to respond militarily to the deployment of elements of a U.S. missile shield in Central Europe.

The deal to place 10 interceptor missiles in Poland was reached in mid-August, and followed the signing of an agreement on July 8 by the U.S. and Czech foreign ministries to place a U.S. radar in the Czech Republic.

“These missiles are close to our borders and constitute a threat to us,” Medvedev said in an interview with Al-Jazeera television on Tuesday. “This will create additional tension and we will have to respond to it in some way, naturally using military means.”

Read moreRussia to respond militarily to U.S. missile shield

Russia says ready to supply Syria with defensive weapons

MOSCOW, August 21 (RIA Novosti) – Russia is ready to supply Syria with defensive weapons, the Russian foreign minister said on Thursday following a meeting between the two countries leaders in Russia’s Black Sea resort of Sochi.

Read moreRussia says ready to supply Syria with defensive weapons

Russia threatens military response to US missile defence deal

Russia threatened to retaliate by military means after a deal with the Czech Republic brought the US missile defence system in Europe a step closer.

The threat followed quickly on from the announcement that Condoleezza Rice signed a formal agreement with the Czech Republic to host the radar for the controversial project.

Moscow argues that the missile shield would severely undermine the balance of European security and regards the proposed missile shield based in two former Communist countries as a hostile move.

“We will be forced to react not with diplomatic, but with military-technical methods,” the Russian Foreign Ministry said in a statement.

The ministry did not detail what its response might entail.

Read moreRussia threatens military response to US missile defence deal

NATO ‘direct threat’ to Russia, says Putin

MOSCOW: President Vladimir Putin lashed out at NATO plans to continue its eastward expansion, saying Russia would see the induction of Ukraine and Georgia as an “immediate threat” to its security and react accordingly.

“The presence of a powerful military bloc on our borders, whose members are guided by Article 5 of the Washington Treaty will be seen as direct threat to our national security,” Mr. Putin said at a news conference after the NATO-Russia Council meeting on the sidelines of the NATO summit in Bucharest. It was Mr. Putin’s farewell interaction with the Western leaders. He steps down on May 7, when new President Dmitry Medvedev takes the oath.

NATO leaders refrained from granting a Membership Action Plan to Ukraine and Georgia on Thursday, but promised to do it later, insisting that the NATO doors were open for the two post-Soviet republics.

Warning that Russia would react strongly to the move, Mr. Putin said: “Let us be honest with each other – we will treat you as you treat us.”

Read moreNATO ‘direct threat’ to Russia, says Putin