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The US has the cudgel of the American dollar to prevent its expulsion from Iraq, but will the Biden administration use it?

When Iraqi Prime Minister Mohammed al-Sudani arrived in New York City in September for the UN General Assembly, a delicate truce was in balance between the two foreign powers that loom over Baghdad.

Iraqi paramilitaries, backed by Iran, had frozen their attacks on US troops in the country. Iraq’s new leader arrived in New York City amid the lull. He was feted on a circuit of swanky receptions with western businessmen and diplomats on the sidelines of the General Assembly, as he pitched Iraq’s oil-rich but corruption-riddled economy as an investment destination.

Four months later, the Iraqi leader is condemning Iran and the US for launching deadly strikes in his country and his investment pitch to the global elite at Davos Switzerland is overshadowed by his call for the US military and its coalition partners to leave Iraq.

Since the Hamas-led attacks on 7 October and the war in Gaza, Iranian-backed militias have launched at least 70 attacks on US forces in Iraq.

In early January, the US hit back with its most powerful response yet, launching a drone strike in Baghdad that killed Mushtaq Taleb al-Saidi, also known as Abu Taqwa, a senior commander in the Popular Mobilisation Units, an umbrella organisation of Iraqi state-funded and Iran-aligned, Shia militias.

Baghdad hit out at the strike as “a violation of Iraq’s sovereignty”. But no sooner was Iraq chastising the US for the strike, when Iran launched a barrage of ballistic missiles into the Iraqi city of Erbil, killing four people, including a prominent Kurdish real estate developer and his one-year-old daughter.

…click on the above link to read the rest…

Rickards’ Five 2024 Forecasts

December 17, 2023

I have five forecasts for 2024 to help keep you ahead of the curve in positioning your investment portfolio.

My overall forecast is that 2024 will be more tumultuous and shocking than 2023. That may seem hard to credit.

With two major wars going on, an indicted former president and a demented current president, how can 2024 be more challenging than 2023?

Rest assured; it will be. I explain why below.

An Election of Dire Consequences

It’s a cliche to write that the next presidential election will be the “most important in our lifetimes.” Yet in 2024 that cliche will actually be true.

The divide between the two parties is probably greater than at any time in U.S. political history since the Civil War. The choice could not be more stark and the stakes could not be higher.

That’s why this election is so important.

First off, I don’t think that Joe Biden will be the Democratic nominee for president.

Biden’s problem is not just his age, but the fact that he actually is mentally and physically impaired. He’s simply not fit to be president, and everyone knows it even if Democratic operatives and media sycophants don’t want to mention it. But who will replace Biden?

The most likely replacements are Gavin Newsom, J.B. Pritzker, Gretchen Whitmer and Jennifer Granholm. All four were or are state governors. They’re all about the same ideologically; take your pick. Forget Kamala Harris; she’s simply too much of a liability.

The Republican Side

On the Republican side, there’s not a lot to say. Trump will be the nominee; no one can recall a non-incumbent with such a large lead in the polls.

He’s leading the pack by 55 points or more and is now even running ahead of Joe Biden in recent polls.

…click on the above link to read the rest…

Israel, Gaza, and the Struggle for Oil

December 16, 2023

Israel, Gaza, and the Struggle for Oil

Aerial View of Haifa oil refineries. Photo: Meronim, CC BY-SA 4.0 Deed.

It was the sign that got to me. I was standing with protesters outside the Burlington (VT) City Hall at a rally organized by Jewish Voice for Peace. To my left I spotted a man, grim-faced and silent, holding aloft a piece of cardboard with these words scratched in black:

“Jews against Genocide.”

“So it has finally come to this,” I said to myself.

Why, I wondered, would Israeli Prime Minister Benjamin Netanyahu and the Biden administration risk their standing in the world and ignore calls for a ceasefire? Did they have an unspoken agenda?

As a chronicler of the endless post-9/11 wars in the Middle East, I concluded that the end game was likely connected to oil and natural gas, discovered off the coast of Gaza, Israel and Lebanon in 2000 and 2010 and estimated to be worth $500 billion. The discovery promised to fuel massive development schemes involving the US, Israel, and Saudi Arabia.

Also at stake was the transformation of the eastern Mediterranean into a heavily militarized energy corridor that could supply Europe with its energy needs as the war in Ukraine dragged on.

Here was the tinderbox waiting to explode that I had predicted in 2022. Now it was exploding before our very eyes. And at what cost in human lives?

Eastern Mediterranean, Oil and Gas Reserves

Map of the Eastern Mediterranean region showing the area included in the USGS Levant Basin Province assessment. Photo credit: USGS.

Reflections on the Israeli War on Gaza

The year 1975 was my last in beautiful, cosmopolitan Beirut, Lebanon, before it descended into 15 years of brutal civil war, killing 100,000 people.

…click on the above link to read the rest…

Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint

December 12, 2023

Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint

An anti-ship cruise missile fired by Yemen’s Houthi rebels struck a Norwegian-flagged tanker in the Red Sea near a key maritime chokepoint known as the Bab el-Mandeb Strait, where nearly 10% of all crude traded at sea passes through.

Reuters quoted Houthi military spokesperson Yehia Sarea, who said the tanker – named “Strinda” – was targeted because it was headed to an Israeli terminal, and the crew ignored all warnings.

However, Strinda’s owner, Norway’s Mowinckel Chemical Tankers, said the vessel was bound for the Suez Canal and then on to Italy with a cargo containing vegetable oil and biofuels.

A US official told Reuters that the attack occurred about 60 nautical miles north of Bab al-Mandab Strait, connecting the Red Sea and the Gulf of Aden around 2100 GMT. After the attack, another official said the tanker could move under its own power.

According to the US military’s Central Command, which supervises US forces in the Middle East, the Arleigh Burke-class destroyer USS Mason received a distress call from Strinda and was able to respond:

“There were no US ships in the vicinity at the time of the attack, but the (US Navy destroyer) USS MASON responded to the M/T STRINDA’s mayday call and is currently rendering assistance.”

The Iran-backed militant group has carried out a series of attacks on commercial vessels in the Red Sea (read: here & here). They are specifically targeting any vessel they believe is going to or coming from Israel.

Bloomberg cited sources who said the US and Gulf allies have been discussing potential military action against the militant group for the latest spate of attacks on commercial vessels in the Red Sea.

As for energy markets, Brent crude futures briefly traded above $76 a barrel after Central Command posted on X about the incident on Monday night. Yet Brent gave up all gains and slid back to the $75 handle early Tuesday. Global crude markets are gripped with oversupply fears.

…click on the above link to read the rest…

Bloodbaths change the world – part 1

December 6, 2023

Bloodbaths change the world – part 1

The bloodbath in Israel will change the world. We wait for the facts before we write and take this incident as an opportunity to analyze bloodbaths of the past. Lies that changed the world – not for the better.

Introduction

The attack on Israel shocks anyone with a heart. The images defy description. Last weekend, Israelis were slaughtered, now it’s the Palestinians’ turn. Mindless revenge follows a seemingly mindless attack.

This is not the first time that images of a bloodbath have been burned into the consciousness of the world’s population, only to be exploited to stir up fear and justify wars that have claimed the lives of millions of civilians.

The situation is more than confusing. The parties: Israel, Hamas, Hezbollah, Lebanon, Palestinians, Iran, Saudi Arabia, and (as always) the United States. In addition to a Palestinian people who have been victimized for decades, there are countless candidates who offer themselves as backers.

The opinions now being passed around are based on emotions and not on facts. Nevertheless, within a very short time a big culprit must be found, who is suitable to be hated by the shocked public. The New York Times already found it last Sunday: Iran.

“If you don’t question everything, analysis leads to wrong results.”

Emotions are not suitable for analyzing geopolitics. We wait for facts, analyze, think and only then take up the pen.

In the meantime, we deal with events that were presented to the world population as facts, but were lies that changed our world forever for the worse.

We do this to cool and sharpen the reader’s eye. If you don’t question everything, analysis will lead to the wrong conclusion. However, questioning everything also means asking forbidden questions.

…click on the above link to read the rest…

Bloodbaths Change the World – Part 2 – 9/11

December 6, 2023

Bloodbaths Change the World – Part 2 – 9/11

Before writing about Israel, an analysis of facts about 9/11 – a web of lies changed the world, enabled by abuse of emotions.

Introduction

Israel dominates the global media to an almost unseen extent. Only almost, because one event 22 years ago surpassed everything else in terms of media hype: 9/11. What both events have in common is that politicians and the media ruthlessly exploit people’s shock to achieve their goals or to generate clicks and thus rake in money. Most articles have one thing in common: they are based on emotions. We write about geopolitics. Geopolitical analyses must be based on facts. If the basis is emotionally charged, the analysis is worthless, regularly leads to false results and gives culprits and masterminds tools to work with, which they should not have under any circumstances.

In this second part of our series, we discuss this and more based on the most publicized terrorist attack of the 21st century.

In Part 1, we established that President Truman lied through the teeth not only to his own people but to the entire world by dropping the atomic bombs on Hiroshima and Nagasaki not as claimed to save hundreds of thousands of American soldiers’ lives, but to show the world and Stalin who would be the master of the house after World War 2.

“Fundamental constitutional rights, have no more value than a membership in a tennis club”

For this marketing stunt, Truman cold-bloodedly sacrificed 200,000 Japanese, most of them civilians. His own people were emotionally well prepared for this atrocity. Since the attack on Pearl Harbor in December 1941, the American government and the media poisoned the soul of the Americans with the most vicious racist propaganda. This hate speech against everything Japanese allowed the American state, among other things, to put hundreds of thousands of American citizens with Japanese roots into concentration camps: American citizens, mind you.

…click on the above link to read the rest…

Pentagon Confirms US Warship, Commercial Ships Under Attack In Red Sea

December 3, 2023

Pentagon Confirms US Warship, Commercial Ships Under Attack In Red Sea

Update (1409ET):

A reporter from the Israeli public broadcasting corporation shared on X that a spokesperson for the Israel Defense Forces reported a UK commercial ship was targeted in the Houthi attack.

* * *

Update (1305ET):

CNN’s Pentagon reporter Haley Britzky reports that the US Arleigh Burke-class destroyer Carney shot down two drones belonging to Yemen’s Iran-supported Houthi rebels.

The destroy then received a “distress call from the civilian commercial vessel M/V Unity Explorer, after the Carney saw at least one ballistic missile fired at the Unity Explorer & land in its vicinity.”

According to Bloomberg data, Unity Explorer is a bulk carrier and recently transited the Suez Canal. The ship’s last known position was last Tuesday, in the middle part of the Red Sea.

Houthi rebels have claimed responsibility for the attack.

* * *

In a significant development, AP News has reported that a US Arleigh Burke-class destroyer and two commercial vessels were targeted in the Red Sea. This incident is part of a growing trend of maritime attacks in the waters of the Middle East, which have been linked to the ongoing conflict between Israel and Hamas.

“We’re aware of reports regarding attacks on the USS Carney and commercial vessels in the Red Sea and will provide information as it becomes available,” the Pentagon said.

Speaking on condition of anonymity, a US official told AP that the attack was around Sanaa, Yemen, and said Carney, an Arleigh Burke-class destroyer, repelled at least one drone during the attack.

Despite no confirmation from the Pentagon on who exactly were the attackers, one might suspect Yemen’s Iran-supported Houthi rebels, who have frequently attacked ships in the Red Sea, could be responsible. The terror group has also launched drones and missiles at Israel.

Let’s remember the Red Sea is one of the world’s most heavily traveled commercial shipping lanes.

…click on the above link to read the rest…

War, Peace, And That Other Thing.

November 30, 2023

War, Peace, And That Other Thing.

Understanding political violence.

I was thinking of writing something about Gaza this week, but frankly I don’t have the detailed knowledge of the region, nor for that matter experience of fighting in tunnels, to add to what’s already been said elsewhere. But reading some of this coverage made me realise, again, how little our society really understands and is prepared to acknowledge about the roots and purposes of political violence, and so I thought it might be interesting to discuss that subject, looping back to the current situation in Gaza at the end.

Let’s start with the obvious point that western Liberal society likes clear distinctions and opposites in all areas of life. We are a profoundly Aristotelian society: everything is either A or B, there is nothing in the middle. Because real life itself is messy, this produces endless complex and ultimately pointless arguments about precisely where to draw a dividing line, and whether this or that act or event or pronouncement is ultimately acceptable, or whether it should be rejected and cast into outer darkness. Thus, everything to do with the use of force in politics is presented in stark, opposed terms: war vs. peace, violence vs negotiations, conflict vs cooperation, and of course good vs. bad. And then we wonder why we cannot understand the world, and why the behaviour of many of its actors surprises us so often.

Most civilisations before the modern western era have not seen things this way, and quite a few still don’t. According to taste, we can follow the theories of Ian McGilchrist, arguing that we live in an epoch of dangerous left-brain domination, which sees everything in terms of binary opposites and infinitely detailed differences…

…click on the above link to read the rest…

Israel A ‘Nuclear Wildcard’ On ‘Dangerous Road To Armageddon’: Macgregor

October 24, 2023

Israel A ‘Nuclear Wildcard’ On ‘Dangerous Road To Armageddon’: Macgregor

Tucker Carlson sat down with Col. Douglas Macgregor (ret.), who laid out a disturbing scenario in which the United States could quickly be pulled into a direct conflict with Iran, Russia and China over Israel’s anticipated response to the October 7 Hamas attack.

Carlson starts off highlighting Lindsey Graham, who vowed; “…if Hezbollah, which is a proxy of Iran, launches a massive attack on Israel, I consider that a threat to the… state of Israel, existential in nature. I will introduce a resolution [in] the United States Senate to allow military action by the United States in conjunction with Israel to knock Iran out of the Oil Business…”

Carlson then asks: “So what would war with Iran mean? Well, it’s hard to know because virtually no one who’s talking about it in public is operating from a deep interest in America’s interest. Is this good for us, or is it not?”

If, as Sen. Graham suggests, we start bombing critical infrastructure in Iran, Macgregor warns “the destruction would be wholesale” as Iran would target “all the bases we have in Iraq and Syria – with around 1000 Americans – would be targeted… and this time accurately.“

According to Macgregor, “The chosen destination” if we continue on this path, “is Armageddon,” and the implications (of which nobody seems to be considering) for the United States, Europe, and the Middle East are grave. For example, “just on the economic side, about 20% of the world’s oil passes through the Straits of Hormuz every month – probably 25% of liquefied natural gas, and you’re talking about shutting down 2 to three million barrels a day of oil from Iran.

“You know this entire region is involved in the war. This is not an Iranian Monopoly by any stretch of the imagination,” he continued.

…click on the above link to read the rest…

The Sword of Damocles

October 15, 2023

The Sword of Damocles

An economic worst-case scenario for the Israeli-Palestine war (Free)

On Tuesday, I published a post on X (Twitter), which summarized an economic worst-case scenario for the Israeli-Palestine war. It included 10 points:

The conflict escalates into a regional war with the U.S. becoming directly involved.
OPEC responds with an oil embargo.
Iran closes the strait of Hormuz.
The price of oil reaches $300/barrel.
Europe succumbs into a full-blown energy crisis due to LNG shortage.
Massive spike in energy prices reinvigorates inflation with central banks responding accordingly.
Financial markets and the global banking sector collapse.
Debt crisis engulfs the U.S. forcing the Federal Reserve to enact yet another financial market bailout.
Petrodollar trade collapses.
Hyperinflation emerges.

In this entry, I go through each step.

History rhymes?

In October 1973, Israel fought the Yom Kippur War against a coalition of Arab States led by Egypt and Syria. As a result of this, the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo against western countries supporting Israel. In six months, the price of oil rose by nearly 300%, globally, and even more in the U.S., which at that time had become dependent on the Middle-Eastern oil.

In the current time, in the worst-case, Israel launches a major counter-offensive against Palestine leading to a declaration of war, to Israel, from Iran and Syria (others may join too). In this situation, the U.S. would be almost surely forced to respond and take part in the defense of Israel. The Ford carrier strike group (which includes world’s largest warship, USS Gerald R. Ford) has been dispatched to eastern Mediterranean and the Biden administration has been reported of considering sending another carrier strike group to eastern Mediterranean. There are also rumors of U.S. military cargo planes making routine trips to Israel.

…click on the above link to read the rest…

US Confirms 2nd Carrier Group En Route To “Deter Hostile Actions Against Israel”

October 15, 2023

US Confirms 2nd Carrier Group En Route To “Deter Hostile Actions Against Israel”

Update (2100ET): The Pentagon has ordered a second carrier strike group to the eastern Mediterranean Sea, according to two US officials, as Israel prepares to expand its Gaza operations.

The first carrier strike group, led by the USS Gerald R. Ford, arrived off the coast of Israel earlier this week.

US Defense Secretary Lloyd Austin announced on Saturday night that the USS Dwight D. Eisenhower carrying nine aircraft squadrons, as well as two guided-missile destroyers and a guided-missile cruiser, will soon join the USS Gerald R. Ford carrier group in the region to “deter hostile actions against Israel or any efforts toward widening this war following Hamas’s attack on Israel.”

The Biden administration made clear that the carrier, and its accompanying force, are not there to engage in combat activities on behalf of Israel but rather to deter others from entering the conflict, including Hezbollah.

“The increases to US force Posture signal the United States’ ironclad commitment to Israel’s security and our resolve to deter any state or non-state actor seeking to escalate this war,” Austin stated.

Additionally, the US administration has so far ruled out sending military personnel into Gaza as part of any Israeli ground invasion or attempt to free American hostages there, only aiding the IDF with intelligence and operation planning.

* * *

Update (1330ET): The Israeli military has announced it is prepared for a coordinated air, ground and naval offensive in the Gaza Strip “very soon,” according to reports from AP.

In a nationally broadcast address Saturday night, Rear Adm. Daniel Hagari issued a new appeal to residents to move to the southern Gaza Strip.

“We are going to broadly attack Gaza City very soon,” he said.

He accused Hamas of trying to use civilians as human shields.

Meanwhile, the social media rhetoric between leaders has gone to ’11’…

…click on the above link to read the rest…

The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

October 10, 2023

The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

Palestinian political and military organisation Hamas launched coordinated multi-pronged attacks by land, sea, and air against Israel last weekend.
The potential for the Hamas attacks on Israel to suck in other Arab states into the conflict, and for it to then become another proxy war could have major ramifications for a large number of countries.
Soaring oil prices as a result of renewed tensions in the Middle East could lead to economy-crippling levels of inflation in the West.

In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on oil and gas blocks 8 and 10 in Lebanese waters, while only four days later Palestinian political and military organisation Hamas launched coordinated multi-pronged attacks by land, sea, and air against Israel. Lebanon is a core member of the Iran-dominated Shia Crescent of Power, which both China and Russia have long seen as the foundation stone for their expansion of power across the Middle East as a whole, as analysed in depth in my new book on the new global oil market order. Lebanon’s political and military organisation, Hezbollah – like its Palestinian counterpart Hamas – vows Israel’s destruction and praised Hamas for its “heroic operation” against Israel on October 7. Both paramilitary groups receive multi-layered support from Iran’s financial, intelligence, and military networks and each of these support facilities are inextricably linked to China and Russia, as also fully examined in my new book. The potential for the Hamas attacks on Israel to suck in other Arab states into the conflict, and for it to then become another proxy war – to add to that still raging in Ukraine – between the U.S. and Russia (and China) appears large…

…click on the above link to read the rest…

Crude Prices Jump After Israeli Tanker Hit By Iranian Drone Off Oman Coast

November 16, 2022

Crude Prices Jump After Israeli Tanker Hit By Iranian Drone Off Oman Coast

Crude prices are higher Wednesday morning after a bomb-carrying drone on Tuesday evening struck an oil tanker owned by an Israeli billionaire, The Associated Press reported.

The Liberian-flagged oil tanker Pacific Zircon was approximately 150 miles off the Omani coast at 730 pm local time when a “projectile” hit the vessel, a Mideast-based defense official told AP. AP said the United Kingdom Maritime Trade Operations was notified about the attack and is monitoring shipping lanes in the region.

“We are aware of an incident and it’s being investigated at this time,” UKMTO said.

Also, the commander of the US Navy’s Fifth Fleet, Timothy Hawkins, was briefed on the incident, according to Reuters.

Brent crude prices, which were down before the news, jumped and traded above $94 a barrel.

In a statement, Pacific Zircon’s owner Eastern Pacific Shipping, which Israeli billionaire Idan Ofer owns, said the vessel was hauling diesel when it was “hit by a projectile … there were no reports of injuries or pollution.”

“All crew are safe and accounted for. There is some minor damage to the vessel’s hull but no spillage of cargo or water ingress,” the Singapore- based Eastern Pacific said.

Bloomberg cited a report via the Israeli Public Broadcasting Company (KAN) that said unidentified Israeli officials pointed the finger at Iran for the drone attack. Tracking data shows the vessel is off the Omani coast.

“While no one immediately claimed responsibility for the attack, suspicion immediately fell on Iran. Tehran and Israel have been engaged in a yearslong shadow war in the wider Middle East, with some drone attacks targeting Israeli-associated vessels traveling around the region,” AP noted.

…click on the above link to read the rest…

Hezbollah Threatens Israel With War Over Disputed Gas Field

August 2, 2022

Hezbollah Threatens Israel With War Over Disputed Gas Field

Lebanon’s armed Hezbollah group threatened Israel that drilling at the Karish gas field could result in war.
Israel and Lebanon are in a years-long dispute over the demarcation of their territorial waters in the Mediterranean.
Israel has already warned early on that any damage to the drilling rig in Karish will result in an immediate reaction.

Lebanon’s armed Hezbollah group warned Israel on Sunday against drilling at an offshore gas field, renewing a threat that it could escalate the offshore border demarcation dispute to a war.

Hezbollah, backed by Iran, aired a video on its Al-Manar television channel, showing drone footage of Israeli barges at the gas field and their coordinates. The video ends with footage of a rocket with the words “within range” in Arabic and Hebrew. The text on the video message opens with “Playing with time is useless,” also in both languages.

Israel and Lebanon, which do not have diplomatic relations, are in a years-long dispute over the demarcation of their territorial waters in the Mediterranean.

The dispute escalated this summer after UK’s Energean, which has been awarded the right to drill at the offshore Karish field, arrived on the site with a rig, prompting an immediate reaction from Beirut. The Lebanese president and the caretaker prime minister of the country accused Israel of violating Lebanon’s sovereignty.

Karish is the focus of the rift. According to Israel, Karish lies in its territorial waters. According to Lebanon, it falls within a triangle of contested waters because the two cannot agree where exactly the border passes.

Israel has already warned early on that any damage to the drilling rig in Karish—like attacks on any gas drilling rigs in its waters—will be construed as an attack on the state, implying there would be an immediate reaction.

…click on the above link to read the rest of the article…

Israel’s War On Cash Is About To Get More Drastic

July 31, 2022

Israel’s War On Cash Is About To Get More Drastic

Starting Monday, it will be a criminal offense in Israel to pay more than the equivalent of $1,700 in cash to a business or $4,360 in cash to individual, as the government intensifies its ongoing war on tangible money.

It’s a war that began in earnest with the 2018 passage of the Law for the Reduction in the Use of Cash. Israeli businesses and individuals began facing limits on cash transactions in January 2019. However, on Aug 1, those limits are being slashed nearly in half.

“We want the public to reduce the use of cash money,” Tamar Bracha, who’s responsible for carrying out the law for Israel’s Tax Authority, told The Media Line.

“The goal is to reduce cash fluidity in the market, mainly because crime organizations tend to rely on cash. By limiting the use of it, criminal activity is much harder to carry out.”

Israel also limits the extent to which cash is used in transactions involving multiple payment methods. If the total transaction value is more than the above thresholds, cash may only be used for 10% of the purchase. Car purchases are given a higher, 50,000 NIS (New Israeli Shekels) limit — about $14,700.

Violators are subject to penalties that can reach 25% of the transaction for individuals and 30% for businesses. According to Israel National News, the government has amassed the equivalent of $5 billion in fines since restrictions began in 2019.

Not all transactions are affected, as The Media Line explains:

There are some exemptions to the new law: charitable institutions, which are most common in ultra-Orthodox society; and trade with Palestinians from the West Bank, who are not citizens of Israel. In the case of the latter, deals including large amounts of cash will be allowed, yet they will require a detailed report to Israel’s Tax Authority.

…click on the above link to read the rest of the article…

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