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July 5, 2024 Readings
July 5, 2024 Readings Move Over, Disaster Capitalism–Make Room for Addiction Capitalism–Charles Hugh Smith No Escape From Unchecked Government Spending and Deficits…Here’s The Proof–Crisis Investing Doug Casey on Revisionist History and How the Good Guys Don’t Always Win Houthi Attacks On Ships Soar Most This Year In June As Critical Maritime Chokepoint Ablaze In Conflict […]
Egypt sets hottest June day in African history; historic heatwave hits Cyprus
Egypt sets hottest June day in African history; historic heatwave hits Cyprus Aswan in Egypt recorded 50.9 °C (123.6 °F) on June 7, 2024, setting the highest reliable temperature ever recorded in Egypt and the hottest June day in African history. On the same day, Cyprus experienced its hottest June day ever with temperatures hitting […]
Egypt Seizes Tanker Carrying Iranian Crude
Egypt Seizes Tanker Carrying Iranian Crude Tehran’s threats of retaliation against the UK for seizing a tanker carrying Iranian crude oil for export have prompted a British vessel to shelter in the Gulf, but the rest of the world doesn’t seem to be taking them too seriously. Citing local press reports, Middle East Monitor said Tuesday that a Ukrainian tanker carrying […]
The U.S. Is Losing Influence In The World’s Biggest Oil Region
The U.S. Is Losing Influence In The World’s Biggest Oil Region Egyptian President Abdul Fatah al-Sisi’s visit to the White House on April 9, 2019, resulted in one of the worst setbacks for U.S. Middle Eastern policy under the Donald Trump Administration. What was supposed to be a fence-mending exercise between the two countries essentially […]
Egyptian Economist Arrested for Criticizing Government
Egyptian Economist Arrested for Criticizing Government The Egyptian Economist, Abdel Khalik Farouk, is the author of more than 20 books on corruption in the Egyptian economy. His latest book, Is Egypt really poor? was confiscated by Egyptian authorities last week on the day of publication. The owner of the printing house, Ibrahim El Khatib, was also arrested. Farouk has […]
The Biggest Winners In The Mediterranean Energy War
The Biggest Winners In The Mediterranean Energy War Former Vice-President of the United States Dick Cheney once said: “the good lord didn’t see fit to put oil and gas only where there are democratically elected states… Occasionally we have to operate in places where, all considered, one would not normally choose to go. But we […]
The Israeli Attack On The USS Liberty
The Israeli Attack On The USS Liberty Fifty-one years ago today Israeli fighter aircraft and torpedo boats tried to sink the USS Liberty, a surveillance ship stationed off the coast of Egypt during Israel’s attack on Egypt and Syria. Israel was unable to sink the USS Liberty, but did manage to kill or wound almost […]
How regional rivalries threaten to fuel the fire in Syria and Iran
How regional rivalries threaten to fuel the fire in Syria and Iran Credit: Wikimedia Turkish allegations of Saudi, Emirati and Egyptian support for the outlawed Kurdish Workers Party (PKK) threaten to turn Turkey’s military offensive against Syrian Kurds aligned with the PKK into a regional imbroglio. The threat is magnified by Iranian assertions that low-intensity warfare is heating up in […]
Turkey Has The Most Jailed Journalists Worldwide
Turkey Has The Most Jailed Journalists Worldwide According to the Committee to Protect Journalists (CPJ), a record 262 journalists are being held in prisons around the world. As Statista’s Niall McCarthy notes, nearly three-quarters of them are being held on anti-state charges while at least 21 have been charged with “false news”. The worst three jailers are […]
John Kerry: Israel And Saudi Arabia Urged A Preemptive US Strike On Iran Prior To Nuclear Deal
John Kerry: Israel And Saudi Arabia Urged A Preemptive US Strike On Iran Prior To Nuclear Deal Former Secretary of State John Kerry revealed earlier this week that just prior to negotiations on the 2015 Iran nuclear deal, the leaders of Israel, Egypt, and Saudi Arabia pushed hard for the US to preemptively strike Iran. […]
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar Virtually nobody saw it coming. Late on Sunday night, the Saudi-led alliance of Gulf Arab states, Saudi Arabia, the UAE and Bahrain including Egypt, shocked the world when they announced they had severed ties and closed borders with one […]
Stockman to Trump: It’s the Economy, Stupid
Stockman to Trump: It’s the Economy, Stupid In a recent appearance on CNN, David Stockman suggested that Trump might best spend some time actually addressing economic issues instead of the administration’s travel ban for immigrants from Middle Eastern countries, which Stockman called “a giant misfire.” Pointing out that Americans are far, far more likely to be struck […]
