WAR Main Armenia Versus Azerbaijan War Thread - Open Hostilities Underway Now
- Thread starter WTSR
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Melodi
Disaster Cat
Can anyone who knows more about this area and the US State Departement/military have an educated guess on WHY the US is about to turn their most expensive "embassy" in US history into a White Elephant mothballed in the Bagdad Dust?
I mean people who have been there having told me it is as much a fortified small town/military base as it is an embassy and about as well fortified as anywhere can be in the modern world.
So the question is WHY? I mean I'm sure there is a "good" reason or one that seems like one, but I keep scratching my head as to what it is, and is it related to the new war front?
I mean people who have been there having told me it is as much a fortified small town/military base as it is an embassy and about as well fortified as anywhere can be in the modern world.
So the question is WHY? I mean I'm sure there is a "good" reason or one that seems like one, but I keep scratching my head as to what it is, and is it related to the new war front?
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Turkish Lira Crashes To Record Low, Hammered By Armenian-Azeri War
by Tyler Durden
Zero Hedge
Monday, 09/28/2020 - 07:26
So much for last Thursday's surprise rate hike by the Central Bank of Turkey.
Two trading days after the CBRT unexpectedly hiked rates by 200bps to stem the ongoing plunge in the country's currency, overnight the Turkey’s lira dropped to a record as geopolitical risks rose in the region due to clashes between Azerbaijan and Armenia.
Shortly after Japanese traders arrived, the lira flash crashed as much as 2.1% to 7.8279 against the U.S. dollar. Then after recovering most losses, it resumed the drift lower and was down 1.7% at 7.914 by 7:00 a.m. ET.
A look at the Lira and Rand
"The fear is that Turkey, whose economy is on its knees and is actively engaged in escalating conflicts in northern Syria, and with Greece in the Mediterranean, could get dragged into yet another regional conflict it can ill afford, either politically or economically," says Jeffrey Halley, senior market analyst in Singapore at Oanda
“That has torpedoed the Turkish lira this morning, whipping out any gains from the surprise rate hike by the central bank last week and an easing of currency trading restrictions,” he added.
The lira fall reversed all the brief benefits from the Turkish central bank’s surprise policy-rate hike and the banking regulator’s decision to ease trading restrictions for foreign investors last week. The regulator also eased the asset-ratio rule for banks on Monday in a move that paves the way for lenders to increase lira-loan rates.
It wasn't just the lira: Russia’s ruble also stumbled the most among emerging-market currencies after the Turkish lira, amid concern the regional powers may be dragged into an escalation in fighting between Azerbaijan and Armenia. The Rusian currency was down -0.7% to 78.76/USD, fourth straight day of declines, to weakest since April 2.
“The proximity of the armed conflict to Russia’s borders, as well as Turkey’s alleged role in supporting the Azeri side, could make foreign investors more wary of Russian assets," Rosbank analysts write in a note; ruble could weaken to 80/USD before it recovers, they write.
“Geopolitical headwinds remain a threat to the Russian investment case, particularly the ruble, with campaigning for the US election gathering pace” Alfa-Bank analysts write in a note.
www.zerohedge.com
by Tyler Durden
Zero Hedge
Monday, 09/28/2020 - 07:26
So much for last Thursday's surprise rate hike by the Central Bank of Turkey.
Two trading days after the CBRT unexpectedly hiked rates by 200bps to stem the ongoing plunge in the country's currency, overnight the Turkey’s lira dropped to a record as geopolitical risks rose in the region due to clashes between Azerbaijan and Armenia.
Shortly after Japanese traders arrived, the lira flash crashed as much as 2.1% to 7.8279 against the U.S. dollar. Then after recovering most losses, it resumed the drift lower and was down 1.7% at 7.914 by 7:00 a.m. ET.
A look at the Lira and Rand
"The fear is that Turkey, whose economy is on its knees and is actively engaged in escalating conflicts in northern Syria, and with Greece in the Mediterranean, could get dragged into yet another regional conflict it can ill afford, either politically or economically," says Jeffrey Halley, senior market analyst in Singapore at Oanda
“That has torpedoed the Turkish lira this morning, whipping out any gains from the surprise rate hike by the central bank last week and an easing of currency trading restrictions,” he added.
The lira fall reversed all the brief benefits from the Turkish central bank’s surprise policy-rate hike and the banking regulator’s decision to ease trading restrictions for foreign investors last week. The regulator also eased the asset-ratio rule for banks on Monday in a move that paves the way for lenders to increase lira-loan rates.
It wasn't just the lira: Russia’s ruble also stumbled the most among emerging-market currencies after the Turkish lira, amid concern the regional powers may be dragged into an escalation in fighting between Azerbaijan and Armenia. The Rusian currency was down -0.7% to 78.76/USD, fourth straight day of declines, to weakest since April 2.
“The proximity of the armed conflict to Russia’s borders, as well as Turkey’s alleged role in supporting the Azeri side, could make foreign investors more wary of Russian assets," Rosbank analysts write in a note; ruble could weaken to 80/USD before it recovers, they write.
“Geopolitical headwinds remain a threat to the Russian investment case, particularly the ruble, with campaigning for the US election gathering pace” Alfa-Bank analysts write in a note.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
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Energy markets on edge over Armenia-Azerbaijan conflict
By Reuters Staff
September 28, 20209:15 AM Updated 34 minutes ago
BAKU / MOSCOW / YEREVAN (Reuters) - Military clashes between Armenia and Azerbaijan over the territory of Nagorno-Karabakh have not yet affected energy supplies from the region, but could disrupt oil and gas exports should the conflict escalate, analysts said on Monday.
Oil and gas rich Azerbaijan is particularly vulnerable to any potential energy export disruption, though overseas supplies are not in close proximity to Nagorno-Karabakh.
Armenia is home to the Metsamor nuclear power station, which is already in a precarious situation due to earthquake risk.
Yerevan warned in July about security risks to the region. Baku has also said energy supplies were in danger due to the conflict.
OIL
Azerbaijan’s primary route for oil exports is the Baku-Tbilisi-Ceyhan pipeline, which accounts for around 80% of country’s oil exports and runs via Georgia and on to the Turkish Mediterranean coast. It has capacity of 1.2 million barrels per day, or more than 1% of global oil supplies.
Currently it exports over 0.5 million barrels per day of oil.
Azerbaijan also exports oil via Russia through the Baku-Novorossiisk pipeline and via Georgia by rail, as well as the Baku-Supsa pipeline.
“The Nagorno-Karabakh conflict has concerned the international community in part because of its threat to stability in a region that serves as a corridor for major pipelines taking oil and gas to world markets,” OilX consultancy said in a note.
GAS
Azerbaijan has plans to increase natural gas exports to Europe.
BP BP.L is leading the international consortium developing Azerbaijan's giant Shah Deniz field, which is expected to make its first deliveries to Europe later this year.
The Shah Deniz I field, which has been pumping gas since 2006, has production capacity of 8 billion cubic metres (bcm). Output from Shah Deniz II is expected to reach 16 bcm per year, with 10 bcm earmarked for Europe and 6 bcm for Turkey.
S&P rating agency told Reuters it regarded the conflict as “smouldering”, without threats to energy supplies for now.
“We will follow the implications for the sovereign finances, energy flows and companies’ liquidity in case of further escalation of the conflict,” it said.
Reporting by Vladimir Soldatkin and Olesya Astakhova in Moscow, Nvard Hovhannisyan in Yerevan and Nailia Bagirova in Baku; editing by David Evans
uk.reuters.com
By Reuters Staff
September 28, 20209:15 AM Updated 34 minutes ago
BAKU / MOSCOW / YEREVAN (Reuters) - Military clashes between Armenia and Azerbaijan over the territory of Nagorno-Karabakh have not yet affected energy supplies from the region, but could disrupt oil and gas exports should the conflict escalate, analysts said on Monday.
Oil and gas rich Azerbaijan is particularly vulnerable to any potential energy export disruption, though overseas supplies are not in close proximity to Nagorno-Karabakh.
Armenia is home to the Metsamor nuclear power station, which is already in a precarious situation due to earthquake risk.
Yerevan warned in July about security risks to the region. Baku has also said energy supplies were in danger due to the conflict.
OIL
Azerbaijan’s primary route for oil exports is the Baku-Tbilisi-Ceyhan pipeline, which accounts for around 80% of country’s oil exports and runs via Georgia and on to the Turkish Mediterranean coast. It has capacity of 1.2 million barrels per day, or more than 1% of global oil supplies.
Currently it exports over 0.5 million barrels per day of oil.
Azerbaijan also exports oil via Russia through the Baku-Novorossiisk pipeline and via Georgia by rail, as well as the Baku-Supsa pipeline.
“The Nagorno-Karabakh conflict has concerned the international community in part because of its threat to stability in a region that serves as a corridor for major pipelines taking oil and gas to world markets,” OilX consultancy said in a note.
GAS
Azerbaijan has plans to increase natural gas exports to Europe.
BP BP.L is leading the international consortium developing Azerbaijan's giant Shah Deniz field, which is expected to make its first deliveries to Europe later this year.
The Shah Deniz I field, which has been pumping gas since 2006, has production capacity of 8 billion cubic metres (bcm). Output from Shah Deniz II is expected to reach 16 bcm per year, with 10 bcm earmarked for Europe and 6 bcm for Turkey.
S&P rating agency told Reuters it regarded the conflict as “smouldering”, without threats to energy supplies for now.
“We will follow the implications for the sovereign finances, energy flows and companies’ liquidity in case of further escalation of the conflict,” it said.
Reporting by Vladimir Soldatkin and Olesya Astakhova in Moscow, Nvard Hovhannisyan in Yerevan and Nailia Bagirova in Baku; editing by David Evans
Reuters | Breaking International News & Views
Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
uk.reuters.com
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Armenia, Azerbaijan keep up deadly fight for disputed region
Fighting between Armenian and Azerbaijani forces over the disputed separatist region of Nagorno-Karabakh continued on Monday morning after erupting the day before, with both sides blaming each other for resuming the attacks
By AVET DEMOURIAN Associated Press
28 September 2020
The Associated Press
In this photo released by the Armenian Foreign Ministry on Sunday, Sept. 27, 2020, people gather in a bombshelter to protect against shelling in Stepanakert, the self-proclaimed Republic of Nagorno-Karabakh, Azerbaijan. Fighting has erupted anew between Armenia and Azerbaijan over the disputed separatist region of Nagorno-Karabakh. Armenia said a woman and a child were killed in the area Sunday by shelling from Azerbaijani forces and Azerbaijan's president said his military has suffered losses. (Edgar Kamalyan/Armenian Foreign Ministry via AP)
YEREVAN, Armenia -- Armenia and Azerbaijani forces kept fighting Monday over the disputed separatist region of Nagorno-Karabakh after hostilities broke out the day before, with both sides blaming each other for resuming the deadly attacks that reportedly also wounded scores of people.
The Azerbaijani Defense Ministry claimed that Armenian forces started shelling the town of Tartar on Monday morning, while Armenian officials said the fighting continued throughout the night and Baku resumed “offensive actions" in the morning.
Azerbaijan's Defense Ministry told the Interfax news agency Monday that over 550 Armenian troops have been “destroyed (including those wounded)”, a claim that Armenian officials denied.
According to Nagorno-Karabakh officials, 59 servicemen on their side have been killed so far. On Sunday, the territory’s defense ministry also reported two civilian deaths — a woman and her grandson.
About 200 people have been wounded in the fighting, the Armenian Defense Ministry said Monday, while Azerbaijani authorities said 26 civilians have been wounded on their side.
The heavy fighting broke out on Sunday morning in the region that lies within Azerbaijan but has been under the control of ethnic Armenian forces backed by Armenia since 1994 at the end of a separatist war.
Mostly mountainous Nagorno-Karabakh — a region around 4,400 square kilometers (1,700 square miles) or about the size of the U.S. state of Delaware — lies 50 kilometers (30 miles) from the Armenian border. Local soldiers backed by Armenia also occupy some Azerbaijani territory outside the region.
The European Union on Monday urged both sides to halt the fighting and return to the negotiating table, following similar calls by Iran, Russia, France and the United States.
“We hope and we urge everyone to everything they can in order to prevent an all-out war from breaking out, because this is the last thing the region needs,” European Commission spokesman Peter Stano told reporters in Brussels. “There is no military solution to this conflict.”
Kremlin spokesman Dmitry Peskov said Monday that the situation in Nagorno-Karabakh “is a cause for concern for Moscow and other countries.”
“We believe that the hostilities should be immediately ended," Peskov told reporters, adding that the process of resolving the conflict between the two countries should shift into “a politico-diplomatic” dimension.
Armenia's Foreign Ministry on Monday accused Turkey, who sides with Azerbaijan in the conflict, of “supporting this aggression.”
The ministry said “Turkish military experts are fighting side by side with Azerbaijan, who are using Turkish weapons, including UAVs and warplanes." The situation on the ground “clearly indicates” that people in Nagorno-Karabakh are fighting against "a Turkish-Azerbaijani alliance,” the statement read.
Both Armenia and Turkey on Monday accused each other of recruiting foreign mercenaries.
Omer Celik, spokesman for Turkish President Recep Tayyip Erdogan’s ruling party, denied reports that Turkey had sent arms or foreign fighters to Azerbaijan.
“Armenia is disturbed by Turkey’s solidarity with Azerbaijan and is producing lies against Turkey,” Celik tweeted.
Erdogan reiterated Turkey’s support to Azerbaijan and said Armenia’s immediate withdrawal from the region was the only way to ensure peace and calm there.
"All other impositions and threats will not only be unjust and unlawful, but will continue to indulge Armenia,” he said.
Erdogan criticized France, the U.S. and Russia — the three chairs of the so-called Minsk group which was set up in 1992 to resolve the Nagorno-Karabakh conflict — saying they had failed to resolve the issue for 30 years.
“They have done their best not to solve this issue. And now they come and counsel and issue threats. They say ‘is Turkey here, is the Turkish military here?’" Erdogan said.
“Whose lands were occupied? Azerbaijan’s lands ... Nobody asks for (Armenia) to account. Azerbaijan has been forced to take the matters into its own hands," the Turkish leader added.
———
Daria Litvinova in Moscow, Lorne Cook in Brussels and Suzan Fraser in Ankara contributed to this report.
abcnews.go.com
Fighting between Armenian and Azerbaijani forces over the disputed separatist region of Nagorno-Karabakh continued on Monday morning after erupting the day before, with both sides blaming each other for resuming the attacks
By AVET DEMOURIAN Associated Press
28 September 2020
In this photo released by the Armenian Foreign Ministry on Sunday, Sept. 27, 2020, people gather in a bombshelter to protect against shelling in Stepanakert, the self-proclaimed Republic of Nagorno-Karabakh, Azerbaijan. Fighting has erupted anew between Armenia and Azerbaijan over the disputed separatist region of Nagorno-Karabakh. Armenia said a woman and a child were killed in the area Sunday by shelling from Azerbaijani forces and Azerbaijan's president said his military has suffered losses. (Edgar Kamalyan/Armenian Foreign Ministry via AP)
YEREVAN, Armenia -- Armenia and Azerbaijani forces kept fighting Monday over the disputed separatist region of Nagorno-Karabakh after hostilities broke out the day before, with both sides blaming each other for resuming the deadly attacks that reportedly also wounded scores of people.
The Azerbaijani Defense Ministry claimed that Armenian forces started shelling the town of Tartar on Monday morning, while Armenian officials said the fighting continued throughout the night and Baku resumed “offensive actions" in the morning.
Azerbaijan's Defense Ministry told the Interfax news agency Monday that over 550 Armenian troops have been “destroyed (including those wounded)”, a claim that Armenian officials denied.
According to Nagorno-Karabakh officials, 59 servicemen on their side have been killed so far. On Sunday, the territory’s defense ministry also reported two civilian deaths — a woman and her grandson.
About 200 people have been wounded in the fighting, the Armenian Defense Ministry said Monday, while Azerbaijani authorities said 26 civilians have been wounded on their side.
The heavy fighting broke out on Sunday morning in the region that lies within Azerbaijan but has been under the control of ethnic Armenian forces backed by Armenia since 1994 at the end of a separatist war.
Mostly mountainous Nagorno-Karabakh — a region around 4,400 square kilometers (1,700 square miles) or about the size of the U.S. state of Delaware — lies 50 kilometers (30 miles) from the Armenian border. Local soldiers backed by Armenia also occupy some Azerbaijani territory outside the region.
The European Union on Monday urged both sides to halt the fighting and return to the negotiating table, following similar calls by Iran, Russia, France and the United States.
“We hope and we urge everyone to everything they can in order to prevent an all-out war from breaking out, because this is the last thing the region needs,” European Commission spokesman Peter Stano told reporters in Brussels. “There is no military solution to this conflict.”
Kremlin spokesman Dmitry Peskov said Monday that the situation in Nagorno-Karabakh “is a cause for concern for Moscow and other countries.”
“We believe that the hostilities should be immediately ended," Peskov told reporters, adding that the process of resolving the conflict between the two countries should shift into “a politico-diplomatic” dimension.
Armenia's Foreign Ministry on Monday accused Turkey, who sides with Azerbaijan in the conflict, of “supporting this aggression.”
The ministry said “Turkish military experts are fighting side by side with Azerbaijan, who are using Turkish weapons, including UAVs and warplanes." The situation on the ground “clearly indicates” that people in Nagorno-Karabakh are fighting against "a Turkish-Azerbaijani alliance,” the statement read.
Both Armenia and Turkey on Monday accused each other of recruiting foreign mercenaries.
Omer Celik, spokesman for Turkish President Recep Tayyip Erdogan’s ruling party, denied reports that Turkey had sent arms or foreign fighters to Azerbaijan.
“Armenia is disturbed by Turkey’s solidarity with Azerbaijan and is producing lies against Turkey,” Celik tweeted.
Erdogan reiterated Turkey’s support to Azerbaijan and said Armenia’s immediate withdrawal from the region was the only way to ensure peace and calm there.
"All other impositions and threats will not only be unjust and unlawful, but will continue to indulge Armenia,” he said.
Erdogan criticized France, the U.S. and Russia — the three chairs of the so-called Minsk group which was set up in 1992 to resolve the Nagorno-Karabakh conflict — saying they had failed to resolve the issue for 30 years.
“They have done their best not to solve this issue. And now they come and counsel and issue threats. They say ‘is Turkey here, is the Turkish military here?’" Erdogan said.
“Whose lands were occupied? Azerbaijan’s lands ... Nobody asks for (Armenia) to account. Azerbaijan has been forced to take the matters into its own hands," the Turkish leader added.
———
Daria Litvinova in Moscow, Lorne Cook in Brussels and Suzan Fraser in Ankara contributed to this report.
Armenia, Azerbaijan clash in separatist region for a 2nd day
Fighting between Armenian and Azerbaijani forces over the separatist region of Nagorno-Karabakh is continuing for a second day with both sides blaming each other for resuming the attacks that have reportedly killed and wounded dozens
abcnews.go.com
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Melodi,
Sometimes, we need to wait for the passage of time before events become clear.
You asked is it related to the new war front? maybe? or is it part of a greater US withdrawn from Afghanistan / Iraq? maybe?
If it is related to the new war front, then someone in the US State Departement / military is thinking a major war is coming and the US is moving its assets to better locations.
adgal
Veteran Member
And that's the part that we should all be worried about...
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Can anyone who knows more about this area and the US State Departement/military have an educated guess on WHY the US is about to turn their most expensive "embassy" in US history into a White Elephant mothballed in the Bagdad Dust?
Because the Iraq cash cow has been milked dry, and another one is now in the offing elsewhere. And RussiaRussiaRussia.
Follow The Money ....
Because the Iraq cash cow has been milked dry, and another one is now in the offing elsewhere. And RussiaRussiaRussia.
Follow The Money ....
CaryC
Has No Life - Lives on TB
The embassy is under constant fire, from rockets, and small arms. So stated on Fox news. Isn't this thread about the Armenian conflict and not Iraq?
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jward
passin' thru
I've posted a bit 'bout this on the mid east/med thread... there seems to be a push ready to be mounted against the militia that have been targeting the US forces there. There have also been reports of special forces deployed recently so may well be a matter of tightening and battening down the hatches prior to some serious push back against the militias there, and an effort to leave as little as possible unprotected/vulnerable as they do so.
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Lilbitsnana
On TB every waking moment
I hope I am wrong, but I suspect we have not even gotten to the "bad" stuff yet; don't know if it is days, weeks or months away or less likely years away, but this week is probably the calm before the storm for that area.
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SouthernBreeze
Has No Life - Lives on TB
Same here for me. What is of interest to me in all of this is watching what Russia, the US, and Turkey does. That's the most important issue.
