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This Major Cover Up Could Wreak Havoc On Global Oil Markets

This Major Cover Up Could Wreak Havoc On Global Oil Markets The decision facing President Donald Trump is not an easy one, a problem not of his own choosing and one that the politically charged president would rather not have to deal with. To sanction or not sanction Saudi Arabia over the alleged killing last […]

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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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Wall Street Moves to Gut Post-Crisis Financial Rules

WALL STREET MOVES TO GUT POST-CRISIS FINANCIAL RULES ON THE CAMPAIGN trail, Donald Trump frequently pledged to “dismantle” the Dodd-Frank financial reforms passed in the wake of the 2008 financial crisis. On Wednesday, with the Federal Reserve’s release of a proposal to roll back capital and liquidity requirements, he caught his big whale. Those requirements, imposed by […]

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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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Trump: There’s Enough Oil To Offset Iran Loss

Trump: There’s Enough Oil To Offset Iran Loss President Donald Trump has determined there was enough crude oil and oil products supply globally to offset any loss of supply from Iran after U.S. sanctions enter into force next week. In a memorandum, Trump said “there is a sufficient supply of petroleum and petroleum products from […]

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US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions

US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions The United States government is preparing to implement an additional level of sanctions against Iran for its refusal to meet a dozen demands that are so absurdly unreasonable that they have been called a regime change policy in all but name. The sanctions which have […]

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India Calls Trump’s Bluff, Will Pay For Russian S-400s In Rubles

India Calls Trump’s Bluff, Will Pay For Russian S-400s In Rubles After facing down US threats of possible economic sanctions should it follow through with its plans to purchase nearly $5.4 billion in Russian S-400 anti-ballistic missile systems, India has successfully called the US’s bluff.  After India stood its ground and insisted on moving ahead […]

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Russia Eyeing Military Base In Cuba As US Prepares To Leave Nuclear Missile Deal

Russia Eyeing Military Base In Cuba As US Prepares To Leave Nuclear Missile Deal A senior Russian official proposed that his country is seriously considering establishing a military base in Cuba in response to Trump’s plan to quit the INF treaty, predicting that “a new Cuban crisis” could erupt if the US and Russia fail […]

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Why I Remain Hopeful When Things Look Grim

Why I Remain Hopeful When Things Look Grim Hi. I’m sorry to my regular readers for not writing any articles in the last couple of days; I’ve just been staring transfixed at the fallout from the election of Jair Bolsonaro in Brazil, and the words which normally come bubbling up on their own just haven’t […]

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WW3: Russia Vows It ‘WILL ACT’ If Ukraine Or Georgia Join NATO

WW3: Russia Vows It ‘WILL ACT’ If Ukraine Or Georgia Join NATO Russia has vowed that they “will act” should Ukraine or Georgia join NATO. Defense Minister Sergei Shoigu voiced his concern over what he described as the “militarization of the European continent,” by promising action instead of empty rhetoric. This statement by Shoigu appears to […]

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Iran’s Worst Nightmare Is Coming True

Iran’s Worst Nightmare Is Coming True In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but the current U.S. president has admittedly made it his mission to drive Tehran to its knees over what he […]

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The Consequences of System Failure

The Consequences of System Failure In short, every major political institution has been increasingly discredited as Brazil has spiraled deeper and deeper into a dark void. And from the abyss emerged a former army captain and six-term congressman from Rio de Janeiro, Jair Bolsonaro, with the slogan “Brazil above everything, God above everyone,” and promises to fix […]

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Trump Is Right, the Fed Is Crazy

Trump Is Right, the Fed Is Crazy President Trump recently called the Federal Reserve’s interest rate hikes crazy. Leaving aside President Trump’s specific complaint, which is likely motivated by the belief that low rates will help him win reelection, he is right that “crazy” is a good way to describe the Federal Reserve. When not […]

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America’s Nuclear Death Wish – Europe Must Rebel

America’s Nuclear Death Wish – Europe Must Rebel The Trump administration’s declared scrapping of a crucial arms control treaty is putting the world on notice of a nuclear war, sooner or later. Any such war is not winnable. It is mutually assured destruction. Yet the arrogant American rulers – some of them at least – […]

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How the media encourages – and sustains – political warfare

How the media encourages – and sustains – political warfare Since his inauguration, President Donald Trump has been waging war against the American press by dismissing unfavorable reports as “fake news” and calling the media “the enemy of the American people.” As a countermeasure, The Washington Post has publicly fact-checked every claim that Trump has labeled […]

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