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Fed Up With The Corruption: Mexico on Brink of Revolution
Fed Up With The Corruption: Mexico on Brink of Revolution (COMMONDREAMS) The Mexican government’s deadly crackdown on a teacher’s union protest has rattled the nation in recent days, as 200,000 doctors on Wednesday joined the ongoing national strike against President Enrique Peña Nieto’s neoliberal reforms. Anti-government sentiment is mounting after police forces opened fire on a teacher protest […]
Chinese Fighter Jets Fly Within 50 Feet Of US Spy Plane Near China
Chinese Fighter Jets Fly Within 50 Feet Of US Spy Plane Near China Having relentless provoked Russia over the past month, when week after week the Pentagon expressed its shock and dismay that Russians dare to scramble fighter jets when US missile cruisers or reconnaissance planes fly next to, or above, Russian territory the US […]
The Shaking Continues: The Most Dangerous Volcano In Mexico Has Erupted In Spectacular Fashion
The Shaking Continues: The Most Dangerous Volcano In Mexico Has Erupted In Spectacular Fashion More than 25 million people live in the vicinity of Mt. Popocatepetl, including Mexico City’s 18 million residents. At 2:32 local time on Tuesday morning, the most dangerous volcano in Mexico roared to life in spectacular fashion, and this has many […]
How To Hack A Presidential Election
How To Hack A Presidential Election There is a growing recognition of the increasing tail wagging the dog nature of the internet’s control over election outcomes. We recently detailed “the hidden persuaders” at work showing how the internet has spawned subtle forms of influence that can flip elections and manipulate everything we say, think and do. Confirming all of […]
Big-Oil Bailout Begins as Debt Spirals Down
Big-Oil Bailout Begins as Debt Spirals Down Mexico’s proud sugar daddy becomes giant financial sinkhole. Pemex, Mexico’s state-owned oil giant, cannot seem to get a break these days. It notched up 13 straight quarters of rising losses. It now owes over $80 billion to international investors and banks. It needs to raise $23 billion this year to stay […]
IA’s Dire Oil Forecast: $34 Crude Due To Far More Resilient Production, Oversupply And Lower Demand
IA’s Dire Oil Forecast: $34 Crude Due To Far More Resilient Production, Oversupply And Lower Demand Now that the massive USO-driven squeeze appears to be over (congratulations to whoever managed to sell equity and their secured lenders) the bad news can return. First, it was Goldman slamming the “unsustainable rally, and then just a few hours […]
Prelude to a Bailout
Prelude to a Bailout But is Pemex too big to save for Mexico? Mexico’s biggest company, state-owned oil giant Pemex, notched up 13 consecutive quarters of rising losses and now faces the toughest test of its 78-year existence: staying alive. Pemex just published its annual results for 2015. Even with expectations already at the bottom of the […]
The FX Mexican Standoff
The FX Mexican Standoff Theodor Horydczak Lincoln Memorial 1925 There has been quite a bit of talk lately over the need for a new Plaza Accord, something several parties saw happening during this weekend’s G20 summit in Shanghai -hence the term ‘Shanghai Accord’-. (On September 22, 1985 at the Plaza Hotel in New York City, France, West […]
“There’s A Feeling Of Bits Of Ice Cracking All At Once” – This Is The ‘Big New Threat’ To Oil Prices
“There’s A Feeling Of Bits Of Ice Cracking All At Once” – This Is The ‘Big New Threat’ To Oil Prices One week ago, we reported that even as traders were focusing on the daily headline barrage out of OPEC members discussing whether or not they would cut production (they won’t) or merely freeze it (at fresh […]
Wikileaks Releases Proof Of NSA Spying On Merkel, Netanyahu, Berlusconi And Others
Wikileaks Releases Proof Of NSA Spying On Merkel, Netanyahu, Berlusconi And Others In a shocking new set of cables released by Julian Assange’s Wikileaks organization, highly classified documents show that the NSA bugged meetings between UN Secretary General Ban Ki-Moon’s and German Chancellor Angela Merkel (over climate change); between Israel prime minister Netanyahu and Italian prime minister Berlusconi (begging for […]
Why the Black Hole of Deflation Is Swallowing the Entire World … Even After Central Banks Have Pumped Trillions Into the Economy
Why the Black Hole of Deflation Is Swallowing the Entire World … Even After Central Banks Have Pumped Trillions Into the Economy Deflation Threatens to Swallow the World Many high-powered people and institutions say that deflation is threatening much of the world’s economy … China may export deflation to the rest of the world. Japan is mired in […]
“Unstoppable” California Gas Leak Now Being Called Worst Catastrophe Since BP Spill
“Unstoppable” California Gas Leak Now Being Called Worst Catastrophe Since BP Spill Since initially reporting on California’s Alison Canyon gas leak, more details have emerged on the scale (and potential for no solution) of the problem as the infamous Erin Brockovich writes, “the enormity of the Aliso Canyon gas leak cannot be overstated. Gas is escaping through […]
