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Beijing Accuses Washington Of “Undermining Global Stability” In New Defense Report
Beijing Accuses Washington Of “Undermining Global Stability” In New Defense Report For the first time since President Xi began his second term in 2017, China has released a defense white paper that doesn’t elaborate on the country’s military priorities so much as it criticizes Beijing’s chief political adversary – the US – while defending the […]
Iran Announces Military Will “Secure” Contested Strait Of Hormuz
Iran Announces Military Will “Secure” Contested Strait Of Hormuz Hopefully it doesn’t lead to a let’s roll! moment at the White House, where super-hawk national security adviser John Bolton has no doubt been itching for escalation: moments ago Iran’s Deputy Foreign Minister announced military forces will “secure” the Strait of Hormuz. Iran will “not allow disturbance in shipping in […]
U.S. Shale Is Doomed No Matter What They Do
U.S. Shale Is Doomed No Matter What They Do With financial stress setting in for U.S. shale companies, some are trying to drill their way out of the problem, while others are hoping to boost profitability by cutting costs and implementing spending restraint. Both approaches are riddled with risk. “Turbulence and desperation are roiling the […]
Ceasefire On The Rocks? Trump Sanctions Chinese Firm For Importing Iranian Crude
Ceasefire On The Rocks? Trump Sanctions Chinese Firm For Importing Iranian Crude A huge escalatory step in the US-led economic war on Tehran and its global oil exports, and amid continued trade tensions with Beijing: the US State Department said Monday the US will impose new sanctions against a Chinese company for transporting Iranian crude in contravention […]
Tomgram: Michael Klare, It’s Always the Oil
Tomgram: Michael Klare, It’s Always the Oil What more did you need to know once Secretary of State Mike Pompeo insisted that a suicide bombing in Kabul, Afghanistan, claimed by the Taliban, was Iranian-inspired or plotted, one “in a series of attacks instigated by the Islamic Republic of Iran and its surrogates against American and allied interests”? […]
Australia Conducts It’s “Largest Amphibious Assult Since WWII”
Australia Conducts It’s “Largest Amphibious Assult Since WWII” A joint Australian-U.S. military exercise, called Talisman Sabre 2019, will continue through early August following this week’s Australian-led amphibious landing at Langham Beach, Queensland, Australia, reported Naval Today. Forces from around the world (the U.S., New Zealand, United Kingdom, and Japan) practiced one of the most massive beach assault since […]
On The Brink Of World War 3: Here Are 5 Major Developments Within The Last 48 Hours…
On The Brink Of World War 3: Here Are 5 Major Developments Within The Last 48 Hours… Has a war between the United States and Iran become inevitable? That is what some in the mainstream media seem to be claiming, but let us hope that is not true, because such a war would mean immense […]
It’s Been a Great Recession for a Few; Let’s Do it All Again!
It’s Been a Great Recession for a Few; Let’s Do it All Again! This month the economic expansion brought to you by your Federal Reserve and by US government largess becomes the longest expansion in the history of the United States! That’s something, right? Something? Let’s take an honest look at what we now call […]
Peter Schiff: We’re Heading for Recession No Matter What the Fed Does With Rates
Peter Schiff: We’re Heading for Recession No Matter What the Fed Does With Rates Jerome Powell took center stage last week and the Federal Reserve chair didn’t do anything to dampen expectations of a rate cut. His comments sent both stocks and gold higher. Peter Schiff recently appeared on RT Boom Bust with University of Amherst economics […]
“A 6th Grader Should Know America’s Foreign Policy Is Ridiculous”
“A 6th Grader Should Know America’s Foreign Policy Is Ridiculous” Policies which can ensure peace or ignite wars are important. Given this, one might think more Americans would critically examine the basic assumptions which form the basis of our nation’s foreign policy. As best I can tell, only three such assumptions or premises exist: To […]
Core Consumer Price Inflation Prints Hotter Than Expected
Core Consumer Price Inflation Prints Hotter Than Expected Having slowed and disappointed for the last two months, all eyes are on US consumer price index growth (which was expected to slow once again in June) this morning as the next Fed rate-cut narrative confirmation. The problem for rate-cut-hopers is that the picture is mixed at […]
Tomgram: Dilip Hiro, American Decline
Tomgram: Dilip Hiro, American Decline Did Donald Trump just make his first genuine mistake in the race for reelection in 2020? As I wrote during the 2016 campaign, The Donald had one striking distinction. He was the only candidate (or essentially American politician) of that moment who didn’t feel obliged to claim that the U.S. was not […]
UAE Withdraws From Yemen
UAE Withdraws From Yemen Christopher Pike for the Crown Prince Court-Abu Dhabi A United Arab Emirates decision to withdraw the bulk of its forces from Yemen shines a spotlight on hard realities underlying Middle Eastern geopolitics. The pullback suggests that the UAE is preparing for the possibility of a US military confrontation with Iran in which the […]
Persian Gulf Conflict Could Send Oil Beyond $325
Persian Gulf Conflict Could Send Oil Beyond $325+ The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially with the Islamic Republics’ intentional destruction of a U.S. surveillance drone on June 20. This act provides weight to […]
Are We Really Free? Maybe It’s Time for a Personal Declaration of Independence
Are We Really Free? Maybe It’s Time for a Personal Declaration of Independence Some time between throwing some burgers on the grill and shooting off fireworks with a beer in one hand and a lighter in the other, ask yourself this question: How free and independent are you? How independent are any of us, really? […]
