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India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
US Intel Officials Publicly Contradict Netanyahu’s UN Speech On “New” Iran Atomic Facility
US Intel Officials Publicly Contradict Netanyahu’s UN Speech On “New” Iran Atomic Facility Netanyahu’s Thursday UN General Assembly speech predictably included the familiar props and visuals condemning Iran over what the Israeli prime minister says is a continuing nuclear program it is hiding from the world’s view. Like pretty much all prior Netanyahu speeches focusing on Iran, he […]
Facebook’s New Propaganda Partners
Facebook’s New Propaganda Partners Reuters (9/19/18) described two branches of the National Endowment for Democracy, set up by the Reagan administration during the Cold War to promote US foreign policy objectives, as “two US nonprofits.” Media giant Facebook recently announced (Reuters, 9/19/18) it would combat “fake news” by partnering with two propaganda organizations founded and […]
“We Have Made Mistakes” On Data Privacy, Google Executive Tells Senate
“We Have Made Mistakes” On Data Privacy, Google Executive Tells Senate In what will be the latest in a string of tech-giant mea culpas, Google is planning to admit that it has made “mistakes” when it comes to privacy issues when a company executive delivers testimony to the Senate Commerce Committee on Wednesday, according to […]
Global Stocks, Futures Slide As China Shatters Trade Calm
Global Stocks, Futures Slide As China Shatters Trade Calm Just when it seemed that the tenuous trade ceasefire between the US and China could result in more stable market sentiment, European stocks dropped -0.5% to session lows led by mining and autos, with S&P futures sliding as volume surged, joining Asia in the red after […]
“This Is A Coup, Okay”: Bannon Weighs In On Anonymous Anti-Trump Op-Ed
“This Is A Coup, Okay”: Bannon Weighs In On Anonymous Anti-Trump Op-Ed Responding to an anonymous Op-Ed in the New York Times detailing an active resistance within the Trump White House, former White House chief strategist Steve Bannon told Reuters that President Trump is facing a “coup” the likes of which haven’t been seen since the American […]
“Worst Storm In A Quarter Century” Nears Hawaii, Gov Warns “Be Prepared To Shelter In Place”
“Worst Storm In A Quarter Century” Nears Hawaii, Gov Warns “Be Prepared To Shelter In Place” Overnight saw Hurricane Lane churn slowly toward Hawaii as 1.4 million people brace for the U.S. Pacific island state’s worst storm in a quarter century. Hurricane Lane in the early morning hours near Hawaii (Source/ The crew of the @Space_Station) […]
China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End”
China Launches Personal Attack At “Arrogant, Deceitful” Trump: “We Are Prepared To Fight To The End” All hope abandon ye who think the trade war with China has any hope of ending soon. One month ago, Beijing ordered China’s state media “not to use aggressive language” for Trump. As of Sunday, that directive has clearly […]
Russian Oil Production Soars To 11.193 Million Bpd
Russian Oil Production Soars To 11.193 Million Bpd In line with its agreement with OPEC to reverse part of the cuts, Russia is boosting its crude oil production, pumping as much as 11.193 million bpd in the first four days of July, up from 11.06 million bpd in June, Reuters reported on Thursday, quoting a […]
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports Whether this is a coordinated response is unclear – and certainly on a much smaller scale – but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a decree this morning imposing higher tariffs on U.S. products in retaliation for U.S. duties on metals […]
The Saudis Won’t Prevent The Next Oil Shock
The Saudis Won’t Prevent The Next Oil Shock Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high […]
American Totalitarianism and the Culture of Fake News
American Totalitarianism and the Culture of Fake News American citizens have a problem telling the difference between facts and opinion. That’s the finding of a recent survey carried out by the respected Pew organization. It was found that only a quarter of the people polled were able to correctly distinguish between a factual statement and […]
Oil Demand Growth Could Start To Soften Soon
Oil Demand Growth Could Start To Soften Soon OPEC may tout the production cuts pact as the key driver of oil market rebalancing, but if it weren’t for the strong global oil demand growth of the past three years, we wouldn’t have seen international agencies calling the end of the oil glut. Demand was strong […]
Leaked U.N. climate change report shows inverted thinking on growth
Leaked U.N. climate change report shows inverted thinking on growth The Reuters news service managed a genuine journalistic coup by getting an advance copy of a U.N. climate change report not due out until October. Given what the report says—it’s dire—and the fact that the climate isn’t going to stop changing while the report gets […]
