The Coming Oil War … Against al-Qaeda

A consortium minding security issues for journalists working in hostile territory warned that credible reports revealed a threat to oil installations in Libya. Islamists based in Libya were said to have played a role in deadly January attacks on the In Amenas natural gas facility in eastern Algeria. Those attacks were said to be in […]

Egypt’s Morsi issues state of emergency after dozens killed in riots

Egypt’s Islamist president issued state of emergency and called for political dialogue after at least 48 people were killed in clashes since Friday. An angry Mohammed Morsi vowed in a televised address on Sunday he would not hesitate to take more action to stem the latest eruption of violence across much of the country, issuing […]

Dubai looks to Qatar for oil as flow from Iran cut

Dubai’s government-run oil company says it has started importing supplies from Qatar and is seeking other sources in apparent moves to replace Iranian crude lost because of international sanctions. Sunday’s statement from the Emirates National Oil Co. said it could seek to expand imports from the Middle East and Asia to help meet rising demand […]

Sabotage! Key Iranian nuclear facility hit?

An explosion deep within Iran’s Fordow nuclear facility has destroyed much of the installation and trapped about 240 personnel deep underground, according to a former intelligence officer of the Islamic regime. The previously secret nuclear site has become a center for Iran’s nuclear activity because of the 2,700 centrifuges enriching uranium to the 20-percent level. […]

Spain’s Catalonia Declares Independence

Europe breaks up… bound to happen… will send the world into the next ‘great recession’ (or depression) In American football, there’s a concept best described as “fatiguing the defense”….where the opposing team’s offense is so good…that the defenders finally get overwhelmed. We are fast approaching this point with global govts and the rotten carcass of […]

US ‘shale boost’ provokes EU fears and indecision

A US industrial boost following its ability to tap abundant shale gas reserves is provoking fears that imperilled energy-intensive European businesses will find it harder than ever to compete. But calls for the EU to deliver a ‘silver bullet’ and emulate the US by tapping shale gas through ‘fracking’ (see background) remain controversial because of […]

Kissinger Predicts Nuclear War with Iran

Globalist kingpin, renowned war criminal and Rockefeller co-conspirator Henry Kissinger is talking up a nuclear conflagration. Speaking at the one-worlder confab held in Davos, Switzerland, Kissinger said a crisis involving a nuclear Iran in the “foreseeable future” will lead to a nuclear war and “a turning point in human history,” the BBC reports. “There has […]

In Amenas Hostage Crisis an ‘Inside Job’

Islamist commandos behind the spectacular hostage-taking at an Algerian gas field probably had help from someone inside the plant, Norway’s foreign minister said in a newspaper interview published Thursday. “We have reports that the terrorists had people on the inside who laid the groundwork over time,” Foreign Minister Espen Barth Eide told the Verdens Gang. […]

Algeria Attack No Outlier as Oil Targeted 3 Times a Week

While the attack in Algeria that killed at least 38 hostages was the deadliest raid on the oil industry in five years, it’s far from unprecedented. From Colombia to Yemen, oil workers have suffered violence for decades as militants strike an industry seen symbolizing political and economic power. The bloodiest attack came in 2007 when […]

Netanyahu narrowly cling to victory in Israeli election

In a stunning setback, Prime Minister Benjamin Netanyahu’s hard-line bloc fared worse than expected in a parliamentary election Tuesday, exit polls showed, possibly forcing the incumbent Israeli leader to invite surprisingly strong moderate rivals into his government and soften his line toward the Palestinians. TV exit polls showed the hard-liners with about 61 seats in […]

Kuwaiti police use stun grenades to disperse protesters

Kuwaiti police used smoke and stun grenades to scatter hundreds of protesters outside the capital on Tuesday after they gathered to demand the dissolution of parliament and fresh elections, witnesses said. An initial demonstration, part of a series of marches against what activists regard as a rubber-stamp parliament, took place in the east of the […]

Oil still drives U.S. policy

A think tank memorandum to U.S. President Barack Obama reminds that oil remains a key driver of his administration’s foreign policy agenda. A lengthy memo to Obama from the Brookings Institution, a U.S. center-left think tank, notes that oil remains an important factor for foreign policy considerations. The memo notes that a binding agreement that […]

Bundesbank warns of currency war

The erosion of central bank independence around the world threatens to unleash a round of competitive exchange rate devaluations, which leading economies have so far avoided during the financial crisis, the president of Germany’s Bundesbank warned on Monday. Jens Weidmann, whose institution’s own fierce independence from political influence was the model for the European Central […]

Kunstler: Commitments and Obligations

Conservatives have a legitimate gripe about America’s excessive “commitments and obligations” to “unfunded liabilities” but their focus on Medicare and social security misses the larger point: our disastrous commitment to the current national lifestyle, in particular suburban sprawl and everything it entails.      This point came across vividly in a video recently released by […]

Political transformation in the age of energy scarcity

A professor friend of mine recently asked his freshman writing class what makes civilization possible. The students puzzled for a minute and then someone said, “Cities.” Of course, that’s really just the definition of civilization. “But what makes those cities possible?” the professor asked. No one could really come up with an answer. Here were […]

Algeria Hostages Dead

Algerian bomb squads scouring a gas plant where Islamist militants took dozens of foreign workers hostage found “numerous” new bodies on Sunday as they searched for explosive traps left behind by the attackers, a security official said, a day after a bloody raid ended the four-day siege of the remote desert refinery. The official, who […]

As dispute over islands escalates, Japan and China send fighter jets to scene

The action in the skies over the East China Sea started simply enough. Last week, the Chinese government sent a civilian surveillance plane, a twin propeller aircraft, to fly near the uninhabited islands at the heart of a growing feud between China and Japan. Tokyo, in response, ordered F-15 fighter jets to take a look […]

Saudi Arabia to grant $100m to Palestinians

Saudi Arabia will give the Palestinian government in the Israeli-occupied West Bank $100m to help alleviate a worsening budget crisis, the Palestinian president’s office has said. “The state’s budget is facing a large deficit as a result of the docking of Palestinian money by the Israeli government as a punitive step after the UN recognition […]

No deal in Iran-IAEA talks

Senior officials at the International Atomic Energy Agency, IAEA, have ended two days of talks with Iranian officials over allegations that Tehran may have carried out tests on triggers for atomic weapons, the Fars news agency reports. Thursday’s report went on to say that the two sides agreed to another round of negotiations scheduled for […]

Reports say many hostages killed in Algeria siege

A Mauritanian news agency that has been in constant contact with kidnappers holding dozens of Western hostages in Algeria reported on Thursday that 34 of the captives had been killed in air strikes. It was not immediately possible to confirm the report by the ANI news agency, which said 14 kidnappers had also been killed […]

First Shots Are Fired in Global ‘Currency War’

Faced with a stubbornly slow and uneven global economic recovery, more countries are likely to resort to cutting the value of their currencies in order to gain a competitive edge. Japan has set the stage for a potential global currency war, announcing plans to create money and buy bonds as the government of Prime Minister […]

Revealed: America’s Arms Sales To Bahrain Amid Bloody Crackdown

Despite Bahrain’s bloody crackdown on pro-democracy protesters, the U.S. has continued to provide weapons and maintenance to the small Mideast nation. Defense Department documents released to ProPublica give the fullest picture yet of the arms sales: The list includes ammunition, combat vehicle parts, communications equipment, Blackhawk helicopters, and an unidentified missile system. (Read the documents.) […]

Mideast Energy Crisis Looks For Light at the End of the Tunnel

  When Jordan’s Queen Rania Al Abdullah took the podium to address world political and business leaders at a back-to-back energy and water summit here, she said she was representing a country that relies on imports for over 90 percent of its energy needs. Judging by her grim assessment, the energy crisis has apparently hit […]

Gulf Oil Spill Case: Buddy Caldwell, Louisiana Attorney General, Has Already Spent Nearly $24 Million

Louisiana’s attorney general has spent nearly $24 million building the state’s legal case against BP over the 2010 Gulf of Mexico oil spill, with much of the money paid to outside law firms that have contributed to his campaigns. Attorney General Buddy Caldwell’s payments to outside lawyers — $15.4 million and counting — account for […]

U.K. Rejects Calls to Halt Arctic Oil Drilling

The U.K. government has rejected lawmakers’ calls for a halt to Arctic oil and gas drilling, despite renewed safety concerns following the recent grounding of Royal Dutch Shell PLC’s (RDSA, RDSA.LN, RDSB.LN) Kulluk rig off Alaska, saying that securing global energy supplies was paramount. The U.K. government’s comments, published Tuesday, come as Shell Monday said […]

Obama meets new Saudi interior minister at White House

President Barack Obama met Saudi Arabia’s new interior minister, Prince Mohammed bin Nayef, on Monday to discuss security and regional issues, the White House said. Prince Mohammed, appointed in November after the death of his father, veteran Interior Minister Prince Nayef bin Abdulaziz, is best known as Saudi Arabia’s long-time security chief and has garnered […]

The War On Terror Spreads to Africa: U.S. Sending Troops to 35 African Nations

The U.S. is sending troops to 35 African nations under the guise of fighting Al Qaeda and related terrorists. Democracy Now notes: U.S. Army teams will be deploying to as many as 35 African countries early next year for training programs and other operations as part of an increased Pentagon role in Africa. The move […]

Iran’s Revolutionary Guards hold exercises in Strait of Hormuz

The naval force of Iran’s Islamic Revolutionary Guard Corps (IRGC) has held exercises to test new equipment and battle tactics in the strategic Strait of Hormuz, Iranian media reported on Sunday. The drills tested the IRGC naval force’s combat-readiness, speed in responding to natural disasters and familiarity with new weapons, the Fars news agency reported. […]

Venezuela, Oil and Chavez: a Tangled Tale

With the rapid deterioration of Venezuelan president Hugo Chavez’s health, it seems pertinent to ask at why the country – and by extension Chavez – plays such an integral role in the global energy market. A glance at a few statistics highlights the importance of the country’s role. It is the largest oil exporter in […]

To Stop Iran, Get a New Saudi King

On December 25, while many Americans were eating turkey or Chinese meals and otherwise distracted from the rest of the world, leaders of the Arab states of the Persian Gulf met in Manama, the capital of the island state of Bahrain, for their annual summit. The meeting was scarcely noticed by American newspapers and other […]

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