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For Russia Change Comes SWIFT

For Russia Change Comes SWIFT During the ruble crisis of 2014/15 Russia announced in the wake of U.S. and European sanctions over reunifying with Crimea that it would begin building a domestic electronic financial transfer system, an alternative to SWIFT. That system, System for Transfer of Financial Messages (SPFS), is not only now functioning in Russia, […]

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“The Real Economic Shock Is Yet To Come” – Trade War Deepens Across Asia 

“The Real Economic Shock Is Yet To Come” – Trade War Deepens Across Asia  The last chance to avoid a full-blown 2019 trade war may come later this month when President Trump is scheduled to meet with Chinese President Xi Jinping at the G-20 Buenos Aires summit in the city of Buenos Aires, Argentina. It […]

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Saudi Arabia Answers Pompeo’s Call For Yemen Ceasefire By Ramping Up Airstrikes

Saudi Arabia Answers Pompeo’s Call For Yemen Ceasefire By Ramping Up Airstrikes The Saudi Air Force has unleashed a massive attack across the Sana’a Governorate over the last 48 hours, reports Middle East-based Al Masdar News citing Yemeni sources on the ground. This appears to be the Saudi response to the U.S. call for a ceasefire “in the […]

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China’s Senior Leadership Prepares For Economic Collision In Spring 2019

China’s Senior Leadership Prepares For Economic Collision In Spring 2019 China’s senior leadership has just signaled for more stimulus, as its economy and stock market prepares for a possible economic collision in early 2019 from the trade war with the United States. The Communist Party’s Politburo, a group of 25 people who oversee the Communist […]

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Deepfakes And Political Manipulation

Deepfakes And Political Manipulation Not a day seems to go by without the American media writing about Russia’s Internet meddling in the US elections. Major international and specialist publications headquartered in the US are routinely regurgitating the myth about “Russian trolls” and “GRU hackers” without a single shred of evidence besides unsubstantiated accusations. Actually, evidence […]

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Three Events That Could Change The Face Of America

Three Events That Could Change The Face Of America The past year in general has been a firestorm of news events, many of them misrepresented by the mainstream media but nevertheless important signals that the economic, social and geopolitical systems we are familiar with are changing or destabilizing rapidly.  It is important to understand, however, […]

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After Florence, Carolinians Know the Climate is Changing; Now we Must Act

After Florence, Carolinians Know the Climate is Changing; Now we Must Act Across the Carolinas, the floodwaters have receded and rebuilding is under way. But the epic 2018 hurricane season has left a mark, like a ghostly high-water stain on the wall of a flooded building. Today, Carolina residents increasingly accept the reality of climate […]

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Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports

Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports Just a few days before U.S. sanctions on Iranian oil exports return on November 5, the keywords about how much of Iran’s oil will come off the market are ‘lack of clarity’. On the one hand, it’s unclear how much Iranian oil will really be […]

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U.S. And OPEC Flood Oil Market Ahead Of Midterms

U.S. And OPEC Flood Oil Market Ahead Of Midterms OPEC and the U.S. are together adding enormous volumes of new supply, which together have softened the oil market. In October, OPEC hiked oil production to the highest level since 2016, back before the oil production cuts went into effect, according to a recent Reuters survey. […]

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Sarah Chayes on Kleptocracy in America

Sarah Chayes on Kleptocracy in America In 2015, Sarah Chayes came out with her book Thieves of State: Why Corruption Threatens Global Security. She has since moved to West Virginia, where she’s writing a book about corruption in the United States. It’s a take off on Alexis de Tocqueville’s Democracy in America. Working title? Kleptocracy in America. Kleptocracy […]

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Risky Business

RISKY BUSINESS “In 1961, at the height of the Cold War, a B-52 bomber carrying two Mark 39 thermonuclear bombs accidentally crashed in rural North Carolina. A low technology voltage switch was the only thing that prevented a 4-megaton nuclear bomb with 250 times the yield of the bomb dropped on Hiroshima from detonating on […]

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The New Global Tinderbox: It’s Not Your Mother’s Cold War

The New Global Tinderbox: It’s Not Your Mother’s Cold War When it comes to relations between Donald Trump’s America, Vladimir Putin’s Russia, and Xi Jinping’s China, observers everywhere are starting to talk about a return to an all-too-familiar past. “Now we have a new Cold War,” commented Russia expert Peter Felgenhauer in Moscow after President Trump […]

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DoD Official Urges Taiwan To Buy More Weapons In Fear Of “Cross-Strait Invasion” By China

DoD Official Urges Taiwan To Buy More Weapons In Fear Of “Cross-Strait Invasion” By China A Pentagon official said Monday that Taiwan should increase its military spending to safeguard continued peace and security both across the Taiwan Strait and within the Indo-Pacific, reported Focus Taiwan. David Helvey, U.S. principal deputy assistant secretary of defense for […]

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US Approves Waivers On Iranian Oil Imports As Supply Panic Fades

US Approves Waivers On Iranian Oil Imports As Supply Panic Fades With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to […]

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Just in Time Stimulus: Fed Proposes Looser Rules for Large U.S. Banks

Just in Time Stimulus: Fed Proposes Looser Rules for Large U.S. Banks The Fed’s proposal marks one of the most significant rollbacks of bank regulations since Trump took office. The Wall Street Journal reports Fed Proposes Looser Rules for Large U.S. Banks The Federal Reserve announced one of the most significant rollbacks of bank rules […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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