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India Will Lead Global Oil Demand By 2035
India Will Lead Global Oil Demand By 2035 Oil market participants and analysts have been closely watching the record level of supply coming out of the United States that is threatening to undo OPEC’s production cuts. But in the latter part of 2017 and early in 2018, robust oil demand growth — both in emerging […]
Dancing to US Tune: NATO Creates Military Schengen and Launches Iraq Mission
Dancing to US Tune: NATO Creates Military Schengen and Launches Iraq Mission The NATO defense chiefs’ meeting on February 14-15 was mainly devoted to sharing the defense burden and other issues routinely discussed at any event. As usual, there were turgid speeches with opaque meaning to leave one guessing what’s really behind those nice words. In fact, […]
Munich Conference: “For The First Time In Decades We Are Facing Threat Of Nuclear Conflict”
Munich Conference: “For The First Time In Decades We Are Facing Threat Of Nuclear Conflict” Over the past fifty years, the Munich Security Conference (MSC) has traditionally reflected the current state of world military affairs. Each February, more than 450 senior decision-makers from around the globe descend into Munich, Germany, to discuss current and future […]
Russia Warns US To “Stop Playing With Fire” In Syria, Immediately Leave Area It Controls
Russia Warns US To “Stop Playing With Fire” In Syria, Immediately Leave Area It Controls Two weeks after a US B-52 strike killed scores of Russian mercenaries in Syria, which according to Bloomberg and Reuters were are as many as 200, while Russia said no more than 5 Russians were killed in the attack then […]
Burn Out: The Endgame for Fossil Fuels. Dieter Helm.
Burn Out: The Endgame for Fossil Fuels. Dieter Helm. Book review Ironically, given its theme, as published early in 2017, “Burn Out: The Endgame for Fossil Fuels” shortly preceded the announcement made by President Trump of the withdrawal by the United States from the Paris Agreement on climate change, driven primarily by an aim […]
The Three Global Super-Powers
The Three Global Super-Powers There are currently three global super-powers, three nations that lead the world: China, Russia, and US. After World War II, until recently, the US clearly dominated the world, not only culturally, with more influence over the world’s other cultures than any other single nation possessed, but also economically, with product-dominance throughout the world, […]
Russian Meddling: Gagging on the Irony
Russian Meddling: Gagging on the Irony The irony that is most gagging is that America’s power elite is destroying the nation’s social order by its concentration of wealth and abuse of power. The irony of the Deep State’s obsessive focus on “Russian meddling” in the precious bodily fluids of our hallowed democracy is so overwhelming […]
Mueller, Russia and Oil Politics
Mueller, Russia and Oil Politics Dunder-Mifflin as Troll Farm The Mueller indictment made public on Friday charges 13 Russian nationals with trolling the American electoral process to ‘sow discord’ by falsely representing themselves as American dissident personas. Once the field of presidential aspirants had been narrowed in 2016, their goal became to support Donald Trump’s […]
The US-UK Deep State Empire Strikes Back: ‘It’s Russia! Russia! Russia!’
The US-UK Deep State Empire Strikes Back: ‘It’s Russia! Russia! Russia!’ There’s no defense like a good offense. For weeks the unfolding story in Washington has been how a cabal of conspirators in the heart of the American federal law enforcement and intelligence apparat colluded to ensure the election of Hillary Clinton and, when that failed, to […]
Ending America’s Disastrous Role in Syria
Delil Souleiman/AFP/Getty Images Ending America’s Disastrous Role in Syria America’s official narrative has sought to conceal the scale and calamitous consequences of US efforts to overthrow Syrian President Bashar al-Assad. That is understandable, because US efforts are in blatant violation of international law, which bars UN member states from supporting military action to overthrow other […]
The US is Executing a Global War Plan
The US is Executing a Global War Plan Washington is moving inevitably on a global war plan. That’s the grim conclusion one has to draw from three unfolding war scenarios. Ultimately, it’s about American imperialism trying to assert hegemony over the international order for the benefit of US capitalism. Russia and China are prime targets […]
Rising Interest Rates: New Era with Tough Outcomes
Rising Interest Rates: New Era with Tough Outcomes What will the bond market do? The conniptions in the Treasury market are causing pain in existing portfolios but offer opportunities down the road. What’s the impact of these rising interest rates on the housing bubbles in the US and Canada? Where is the pain threshold? […]
LNG comes to Boston, a harbinger of the future?
LNG comes to Boston, a harbinger of the future? The most curious natural gas story of the year so far comes out of Boston and seems to have echoes of a deepening Russia-related scandal in Washington. A liquefied natural gas (LNG) tanker bearing natural gas produced in part in Russia delivered its cargo to the […]
War Spending Will Bankrupt America
War Spending Will Bankrupt America “Why throw money at defense when everything is falling down around us? Do we need to spend more money on our military (about $600 billion this year) than the next seven countries combined? Do we need 1.4 million active military personnel and 850,000 reserves when the enemy at the moment — […]
Escalation in Syria – How Far Can the Russians be Pushed?
Escalation in Syria – How Far Can the Russians be Pushed? Events in Syria have recently clearly taken a turn for the worse and there is an increasing amount of evidence that the Russian task force in Syria is being targeted by a systematic campaign of “harassing attacks”. First, there was the (relatively successful) drone […]
