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Why It Really All Comes Down To The Death Of The Petrodollar

Why It Really All Comes Down To The Death Of The Petrodollar Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind the move was clear enough. The plunge in crude prices along with the relative weakness of the Russian […]

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Neocons Falsify Iraq War ‘Lessons’

Neocons Falsify Iraq War ‘Lessons’ Having escaped accountability for the Iraq War disaster, U.S. neocons are urging the use of more military force in the Mideast, in line with Israeli Prime Minister Netanyahu’s demand to block the Iran nuclear deal. From their important perches of power, these war hawks also twist the history of their […]

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Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan

Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan Pipelineistan – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with […]

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Oil Re-Bloodies the “Smart Money”

Oil Re-Bloodies the “Smart Money” The “liquidity death spiral.” Oil plunged again on Monday, with West Texas Intermediate down over 4%. At $45.17 a barrel, it’s just a hair away from this year’s oil-bust low. During 8 weeks in a row of relentless declines, WTI had plunged 26%. July’s 21% drop was the largest monthly decline since […]

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Making Excuses for Saudi Misbehavior

Making Excuses for Saudi Misbehavior Exclusive: Saudi-Israeli apologists are doing back flips to justify why the U.S. interest in having peaceful relations with Iran should take a back seat to sectarian and regional desires of Riyadh and Tel Aviv, including that peace with Iran will cause the Saudis to misbehave even more, notes Daniel Lazare. As the former publisher of […]

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The Real Reasons For the Iran Agreement

The Real Reasons For the Iran Agreement Obama is being praised as a man of peace for the nuclear agreement with Iran. Some are asking if Obama will take the next step and repair US-Russian relations and bring the Ukrainian imbroglio to an end? If so he hasn’t told Assistant Secretary of State Victoria Nuland […]

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Greece’s Lesson For Russia

Greece’s Lesson For Russia “Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far.” — International Monetary Fund Greece’s lesson for Russia, and for China and Iran, is to avoid all financial relationships with the West. The West simply cannot […]

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Thank Goodness Everything’s Fixed

Thank Goodness Everything’s Fixed The trick is to borrow as much as you can and leverage it to the hilt, and buy, buy, buy. Thank goodness everything’s been fixed. Now that the bigshots in the Eurozone have given Greece the Humphrey Bogart treatment– When you’re slapped, you’ll take it and like it, Bogart’s line as he bullied […]

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US/Israeli/Saudi ‘Behavior’ Problems

US/Israeli/Saudi ‘Behavior’ Problems There is a madness in how the mainstream U.S. media presents the world to the American people, a delusional perspective that arguably creates an existential threat to humanity’s survival. We have seen this pattern in the biased depiction of the Ukraine crisis and now in how Official Washington is framing the debate over the Iranian […]

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World Powers Reach Landmark Nuclear Deal With Iran, Oil Slides – Full Deal Text

World Powers Reach Landmark Nuclear Deal With Iran, Oil Slides – Full Deal Text It is only fitting that almost exactly 24 hours after the Greek “pre-deal”, which may and will end up crashing and burning in very short notice, another long expected “deal”, one which has been about a decade in the making, was […]

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Oil tumbles as Iran nuclear deal looms

Oil tumbles as Iran nuclear deal looms An offshore oil platform is seen in Huntington Beach, California September 28, 2014. REUTERS/LUCY NICHOLSON Oil prices tumbled on Monday as Iran and six world powers closed in on a nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world […]

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Pentagon Concludes America Not Safe Unless It Conquers The World

Pentagon Concludes America Not Safe Unless It Conquers The World The Pentagon has released its “National Military Strategy of the United States of America 2015,” June 2015. http://news.usni.org/2015/07/02/document-2015-u-s-national-military-strategy  The document announces a shift in focus from terrorists to “state actors” that “are challenging international norms.” It is important to understand what these words mean. Governments that […]

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Framing Iran: Thomas Friedman’s War Wish

Framing Iran: Thomas Friedman’s War Wish Thomas Friedman, the New York Times op-ed-page representative of the foreign-policy elite, is unhappy with how the soon-to-be-completed Iran nuclear talks are going. He says President Obama, like his predecessor George W. Bush, hasn’t been tough enough. Obama holds all the cards, Friedman says, but somehow the Ayatollah Ali Khamenei is dictating […]

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US Still Won’t Confirm Israeli Nukes

US Still Won’t Confirm Israeli Nukes Among the more absurd aspects of U.S. foreign policy is the persistent refusal to confirm that Israel has a nuclear arsenal, even as U.S. officials threaten and even attack other countries for allegedly harboring the intent to build a single bomb, hypocrisy that Sam Husseini dissects. Retired Gen. (and […]

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Midweek Sector Update: Oil Prices Crash Again – Another Downturn Ahead?

Midweek Sector Update: Oil Prices Crash Again – Another Downturn Ahead? We had warned over the past few weeks that there was an outside chance that the Greek crisis would infect oil markets, and over the weekend Greek voters ensured that it did. With an overwhelming “no” vote, just about every corner of Greece voted against Europe’s […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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