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Olduvai III: Catacylsm
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Cheap Mediterranean Natural Gas Could Spell the End for the NATO Alliance

Cheap Mediterranean Natural Gas Could Spell the End for the NATO Alliance It’s a strange and unprecedented spectacle when countries like Israel, Greece, Egypt, Libya, Turkey, and others lay claims over the Mediterranean, while NATO scrambles to stave off an outright war, among its own members. The North Atlantic Treaty Organization (NATO) is an alliance […]

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Mediterranean Oil Tensions Are Boiling Over

Mediterranean Oil Tensions Are Boiling Over Under pressure in Libya–where it’s gone head-to-head with General Haftar in an ongoing battle to decide who gets to ultimately control the country’s oil revenues–and floundering in Syria, Turkey is once again upping the ante in the Mediterranean, this time preparing to issue new oil and gas exploration licenses […]

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The Mediterranean Pipeline Wars Are Heating Up

The Mediterranean Pipeline Wars Are Heating Up Things have been quite active in the Eastern Mediterranean lately, with Israel, Cyprus and Greece pushing forward for the realization of the EastMed pipeline, a new gas conduit destined to diversify Europe’s natural gas sources and find a long-term reliable market outlet for all the recent Mediterranean gas […]

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U.S. Navy Boosts Mediterranean Presence As Exxon Set To Explore Offshore Cyprus

U.S. Navy Boosts Mediterranean Presence As Exxon Set To Explore Offshore Cyprus The U.S. Navy has increased its Mediterranean fleet, just a couple of weeks before Exxon is due to send two surveying vessels to explore offshore Cyprus near the area where Turkey blocked an Eni drilling ship from prospecting in February, Turkish news outlet […]

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Turkish, Greek Jets Engage In Dogfight Over Mediterranean

Turkish, Greek Jets Engage In Dogfight Over Mediterranean Turkey is no stranger to aerial conflict of late. After months of back and forth banter between Ankara and Moscow regarding supposed Russian incursions into Turkish airspace, Erdogan finally “went there” on November 24 when Turkish F-16s shot down a Russian Su-24 near the border with Syria. […]

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Geopolitics Will Trump Economics in Greece

Geopolitics Will Trump Economics in Greece Based on the continued failure of the negotiating parties to make any substantive progress in the talks over Greek debt payments, the financial world is tied up in knots over a possible Greek exit from the European Union. The uncertainty has manifested in both high and low finance, with […]

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China, Russia Unveil First-Ever Mediterranean Joint Naval Exercise

China, Russia Unveil First-Ever Mediterranean Joint Naval Exercise Sabre-rattling much? For the first time in history, Chinese and Russian navies will begin a significant joint naval exercise in The Mediterranean Sea in mid-May. As RT reports, Chinese Defense Ministry spokesman Geng Yansheng, “The aim is to deepen both countries’ friendly and practical cooperation, and increase our navies’ ability […]

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The Austrian Black Swan Claims Its First Foreign Casualty: German Duesselhyp Collapses, To Be Bailed Out

The Austrian Black Swan Claims Its First Foreign Casualty: German Duesselhyp Collapses, To Be Bailed Out Precisely one week ago in “A Black Swan Lands In Southern Austria: The Ripple Effects Of “Mini-Greece Going Off In The Heartland Of Europe“, when analyzing the consequences of the collapse of Austria’s bad bank, we noted perhaps the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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