And now the Other Cyprus Chimes in on the Crisis


by John Galt
March 21, 2013 21:30 ET


If anyone thinks that the government and people of the Greek portion of Cyprus are friends of the United States/European Union banking cartel, I must remind my readers that Cyprus is actually two nations divided along religious and ethnic lines. The reality of what this now important island nation looks like from a geopolitical point of view is best pointed out in the map below:

(map courtesy of


The Turkish government has been maintaining claims to the oil and natural gas fields discovered by the Greek Cypriots based on its occupation of the northern portion of the island. Thus the alarming headline in the Cyprus Mail Thursday afternoon should come as no shock to my readers:

Turkey may challenge Cypriot use of gas reserves in bailout

From the article linked above:

“This resource belongs to two communities and the future of this resource can’t be subject to the will of southern Cyprus alone. (We) may act against such initiatives if necessary,” one of the Turkish officials told Reuters.

“The exclusive use of this resource … by Southern  Cyprus is out of question … and unacceptable.”

Cypriot efforts to monetise as yet undeveloped offshore gas fields and position them as a vital source of energy for Europe have raised tensions with Turkey, which demands a joint approach and a share of the revenue.

The problem for the Greek Cypriots is that the European Union nor the United Nations and especially the United States are viewed as an unbiased broker for peace or trusted ally to find a solution to the financial crisis nor the use of the vast reserves found within their territorial waters. To understand the mistrust of the Turks, United Kingdom, U.N. , and U.S. a trip back in history to 1974 is in order.

The nation and people of Greece were long time allies of the United States but when the issue of Cyprus is discussed, there is an intense distrust which can be summed up in one word:


In 1974, two Kissinger coups were engineered that changed the path of the nations of Chile and Cyprus. As one might imagine, this commentary will not cover the Chilean overthrow of Allende but focus more on Kissinger’s  use of the CIA to overthrow the Greek Cypriot government and assist the Turkish military with its invasion of the island nation. This excerpt from an editorial from the Research Institute for European and American Studies titled “The CIA’s Release of Documents” provides a clue as to how deeply involved the U.S. has been in Cypriot affairs for over forty years now:

One such story titled “New documents link Kissinger to two 1970’s coups” was written by Larisa Alexandrovna and Muriel Kane on June 26, 2007, the day the documents were released.  That story charges that former “Secretary of State Henry Kissinger pushed for the 1974 Turkish invasion of Cyprus and allowed arms to be moved to Ankara for an attack on that island in reaction to a coup sponsored by the Greek junta, according to documents and intelligence officers with close knowledge of the event.”  The other coup was against Chilean President Salvatore Allende.

This involvement might explain why the current American administration is taking a hands off to this developing crisis and leaving it up to the Europeans to resolve this problem on their own; as long as American financial institutions are not on the hook for any losses or obligations. The reports from the CIA files and documented in several books on the subject highlight the meddling of the Americans, British, and Russians in the island’s affairs. In the book Cyprus: A Modern History by William Mallinson,  one phrase on page 75 indicates the collusion of the United Kingdom and United States to maintain NATO influence over the island’s affairs:

The two-stage Turkish invasion of Cyprus in the Summer of 1974 was the culmination of ten years of planning by various US governmental sectors, initiated with the ‘Ball/Acheson’ plan for double enosis in 1967 (see Chapter Three of the book), in secret connivance with the Turkish armed forces, with the British government looking on, anxious only to ensure the integrity of its sovereign territory on Cyprus.

When anyone considers the historical meddling of the U.S. government and the financial institutions of both Europe and our Federal Reserve’s member banks in the affairs of this region, it is little wonder that they Cypriot political class has been in touch with the Russians to stave off a return to European colonial status due to their short-sighted enthusiasm to join the European Union.

The news that Turkey would strongly object to any deals using the natural gas and petroleum resources to offset any loans or investments to end the financial crisis are not a surprise as there is still some strange reason that Ankara wishes to board the sinking ship known as the E.U. With the Turks rattling the sabers once again to assist their financial masters in Berlin and Brussels, the idea that American and British subterfuge is underway again exacerbating this financial crisis is not that far fetched. By Sunday or Monday of next week, a capitulation by the people of Cyprus would not be a surprise considering the collusion of the non-Russian super powers and their desire to own Cypriot natural resources outright, rather than to purchase them from an independent sovereign nation that would no longer have the debtor status of many third world nations that the central banks depend on as their servants.

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