At this pace, they’re going to have to take away Obama’s Nobel Peace Prize and give it to Putin.

  • UN Secretary General Ban Ki-moon is considering asking the security council to demand Syria immediately transfer chemical weapons to safe sites in Syria where they can be stored and destroyed
  • Ban Ki-moon says the Security Council suffers from ‘embarrassing paralysis’ on Syria and must overcome the deadock

Oil is falling on these headlines with Brent at a session low. If Syria seems interested, it’s hard to imagine the US bombing. This could be a way out for everyone involved that avoids violence.

Britain’s Cameron is already responding, saying the handover idea must not be used as a ‘distraction tactic’.